Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Meeting of Board of Directors of the Company ....
Awaiting price reaction for this filing.
ND Metal Industries reported audited results for Q4 and FY ended March 2026. Revenue from operations declined sharply to Rs 2.32 Lakhs for FY26 from Rs 5.06 Lakhs in FY25, a drop of about 54%. Other income also fell from Rs 135.90 Lakhs to Rs 95.18 Lakhs. Profit After Tax declined to Rs 14.56 Lakhs from Rs 25.51 Lakhs in the previous year, down about 43%. EPS dropped to Rs 0.59 from Rs 1.03. Cash and cash equivalents fell drastically from Rs 104.56 Lakhs to Rs 5.32 Lakhs. Operating cash flow turned negative at Rs 95.53 Lakhs compared to positive Rs 103.19 Lakhs in FY25. The statutory auditor issued an unmodified (clean) opinion on the financial results.
The company shows significant deterioration with steep revenue and profit declines, and critically, negative operating cash flow and near-exhaustion of cash reserves. Shareholders should be cautious as the financial health has weakened substantially despite a clean audit opinion.