Announcement under Regulation 30 of SEBI (LODR) Regulation, 2015
NIRAJ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Niraj Cement Structurals reported FY2026 standalone revenue of ₹5,502.37 Lakhs, up 6.7% from ₹5,067.18 Lakhs in FY2025. Net profit grew 42% to ₹2,160.21 Lakhs from ₹1,522.29 Lakhs, with EPS improving to ₹3.62 from ₹2.55. Total assets increased to ₹4,598.72 Lakhs from ₹3,837.58 Lakhs. However, short-term borrowings surged significantly from ₹58.06 Lakhs to ₹6,804.37 Lakhs. The board declared unmodified opinion on audited results and reappointed Mr. Partha Sarathi Raut as Non-Executive Independent Director for a second 5-year term. Internal and Cost Auditors were also reappointed. The auditors flagged ongoing DGGI search/seizure proceedings from January 2021 (₹108.40 Lakhs deposited under protest) and ₹2,769.36 Lakhs ECL provision against disputed receivables. Consolidated net profit was ₹2,114.17 Lakhs including subsidiary losses of ₹107.32 Lakhs from Niraj Build India Limited.
Strong profit growth of 42% YoY is positive for shareholders, but the sharp rise in short-term borrowings warrants monitoring. Unresolved GST disputes and substantial ECL provisions remain key risks. The clean audit opinion provides comfort on financial reporting integrity.