Pursuant to Regulation 30 (read with Part A of Schedule I11) and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....
Awaiting price reaction for this filing.
Nitin Fire Protection Industries Ltd's Board approved audited standalone and consolidated financial results for FY ended March 2026. Standalone revenue increased significantly to ₹21.41 lakhs from ₹25.38 lakhs (approx 850% growth), with net profit at ₹9.92 lakhs vs loss of ₹2.93 lakhs last year. However, Q4 standalone showed a loss of ₹3.26 lakhs. Consolidated revenue grew to ₹2,424.14 lakhs from ₹629.37 lakhs (285% growth), with net profit of ₹1,185.37 lakhs vs ₹219.88 lakhs. The company has negative other equity (standalone: -₹2,326.53 lakhs; consolidated: -₹1,996.54 lakhs) indicating accumulated losses. The company has filed an interlocutory application for cancellation and issuance of fresh equity shares, with share capital structure unchanged pending outcome. Statutory auditors Tolia & Associates issued an unmodified (clean) opinion.
The company showed strong revenue and profit recovery year-on-year, but faces going concern risks due to accumulated losses and negative equity. The pending share restructuring application adds uncertainty. The clean audit opinion is a positive signal for investors.