Outcome of the Board Meeting held on 14th November, 2025
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Awaiting price reaction for this filing.
Niks Technology, listed on BSE's SME platform, reported unaudited results for H1 FY26 (Apr-Sep 2025). Total income stood at Rs. 531.41 lacs, up modestly from Rs. 503.38 lacs in the same period last year (about 5.6% growth). However, profit after tax fell sharply to Rs. 13.29 lacs from Rs. 27.65 lacs YoY, a drop of roughly 52%. Basic EPS declined to Rs. 2.66 from Rs. 6.36. The Drone Spray Services segment continues to be the sole revenue generator (Rs. 531.06 lacs), while Drone Parts sales contributed nothing this half. Operating cash flow turned positive at Rs. 28.86 lacs, and the company holds Rs. 264.52 lacs in cash with virtually no debt on its books. The statutory auditor (Jay Gupta & Associates) issued an unqualified limited review report.
Despite top-line growth, sharp profit compression due to higher operating costs (particularly cost of operations rising to Rs. 475 lacs from Rs. 311 lacs) is a concern for shareholders. However, the debt-free balance sheet, healthy cash reserves, and positive operating cash flow provide a cushion. Short-term sentiment may be cautious given the steep PAT decline.