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 Ltd reported audited financial results for Q4 and FY2026. Revenue from operations declined significantly to Rs. 2.32 lakhs from Rs. 5.06 lakhs year-over-year, a drop of over 54%. Profit After Tax fell to Rs. 14.56 lakhs from Rs. 25.51 lakhs in the previous year. The company saw a severe contraction in total assets from Rs. 1,088.58 lakhs to Rs. 660.50 lakhs, largely driven by a reduction in trade receivables from Rs. 327 lakhs to nil and trade payables falling from Rs. 635.86 lakhs to Rs. 205.36 lakhs. Cash and cash equivalents declined sharply from Rs. 104.56 lakhs to Rs. 5.32 lakhs. The auditors from Suvarna & Kattare issued an unmodified (clean) opinion on the financial statements. The board also appointed Sweeti Shaifali and Associates as secretarial auditor for the year.
The sharp decline in revenue, profits, and cash position, combined with negative operating cash flow of Rs. 95.53 lakhs, signals significant business stress. While the audit opinion is clean, the financial metrics indicate deteriorating operational performance that shareholders should monitor closely.