The Board of Directors of the Company, today (02.05.2026) met and approved among other things, the standalone and consolidated financial results of the Company for the quarter and financial ....
NITTAGELA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nitta Gelatin India reported strong FY26 results with standalone revenue from operations growing 11.5% to Rs 58,830.85 lakhs from Rs 52,744.84 lakhs in FY25. Profit after tax increased 34.5% to Rs 11,058.99 lakhs from Rs 8,220.72 lakhs, while EPS rose to Rs 121.81 from Rs 90.54. The Board recommended a dividend of Rs 7 per equity share (70% payout). The consolidated results include the subsidiary Bamni Proteins Limited, which has been classified as discontinued operations after its manufacturing unit was permanently closed due to pollution control compliance issues, with assets held for sale at Rs 530.38 lakhs. Walker Chandiok & Co LLP issued an unmodified audit opinion on both standalone and consolidated financials.
Strong bottom-line growth with PAT up 34.5% YoY and EBITDA margin expansion signals operational efficiency gains. The dividend payout of Rs 7 per share provides shareholder returns. However, investors should note the discontinued operations of the subsidiary and pending customs duty case (Rs 1,919.66 lakhs contingent liability) at the Supreme Court.