We submit herewith Audited Financial Results (Standalone and Consolidated) for the 4th Quarter and year ended March 31, 2026 duly approved at the meeting of the Board of Directors held ....
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Nilkanth Engineering reported a standalone net loss of ₹31.09 Lacs for FY26, marginally better than the prior year loss of ₹31.63 Lacs. On a consolidated basis, the company posted net profit of ₹204.80 Lacs, down significantly from ₹358 Lacs in FY25—a decline of about 43%. The consolidated profit is largely supported by share of profit from three associate companies amounting to ₹235.89 Lacs. Standalone operations remain loss-making with total income flat at ₹24.78 Lacs. The company has negative other equity of ₹506.21 Lacs on a standalone basis. Cash flow from operations was negative at ₹1.80 Lacs. Auditors issued an unmodified opinion on both standalone and consolidated results.
The stock shows significant deterioration on a consolidated basis with profit declining 43% YoY. The standalone financials reveal negative equity and ongoing operational losses, which are concerning. The share of profits from associates masks the weak standalone performance, raising questions about sustainability if associate contributions decline.