Un-audited financial results of the Company alongwith Limited Review Report issued by the Statutory Auditors, for the quarter and nine months ended 31.12.2025.
NITTAGELA · price
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Nitta Gelatin India posted strong Q3 FY26 standalone results, with revenue from operations rising 11.2% year-on-year to ₹14,971.52 lakhs (₹13,464.37 lakhs in Q3 FY25). Profit after tax jumped 28% YoY to ₹3,106.11 lakhs (₹2,426.67 lakhs in Q3 FY25), while earnings per share rose to ₹34.21 from ₹26.73. For the nine months ended December 2025, revenue grew 7% to ₹42,657.36 lakhs and PAT grew 21.5% to ₹7,658.24 lakhs, with EBITDA margin expanding significantly compared to the prior year period. On the consolidated side, profit from continuing operations for Q3 stood at ₹2,561.09 lakhs. The subsidiary Bamni Proteins remains classified as a discontinued operation and is not a going concern, with its factory permanently shut and assets held for sale. The company also booked ₹226.33 lakhs as a one-time incremental liability due to India's new labour codes. A customs duty dispute worth ₹1,819.66 lakhs remains contingent, as the customs department has filed a special leave petition in the Supreme Court against the favourable Kerala High Court ruling.
Sharp improvement in profitability and margin expansion on the standalone business are positive signals for shareholders. However, the messy subsidiary wind-down, pending Supreme Court litigation on a large customs contingency, and new labour code charges are overhangs that investors should weigh.