Nitin Fire Protection Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Awaiting price reaction for this filing.
Nitin Fire Protection Industries reported audited standalone and consolidated financial results for FY26. Standalone revenue declined to ₹2140.91 lakhs from ₹2538 lakhs in FY25 (15.6% decline), though profit after tax surged to ₹991.65 lakhs from ₹292.84 lakhs (238.7% growth) driven by exceptional gains from property sales (₹1571.25 lakhs). Consolidated PAT was ₹1185.37 lakhs. The company has negative other equity (standalone: -₹2632.53 lakhs; consolidated: -₹1996.54 lakhs). Net cash used in operating activities remained deeply negative at -₹1701.05 lakhs (standalone) and -₹871.15 lakhs (consolidated). The company has not recognized deferred tax assets on unabsorbed losses due to uncertainty of future taxable profits. Auditors issued unmodified opinions confirming clean audits.
The stock may see mixed reaction: strong PAT growth and clean audit opinion are positives, but revenue decline, deeply negative operating cash flows, and negative equity raise serious concerns about the company's long-term financial viability and ability to sustain operations without asset sales.