NATIONAL FITTINGS LIMITED

Operates in the Iron & Steel Products industry, with a geographic split between Within India and Outside India sales. In segment data reported, Within India accounts for 36.5% of segment revenue and Outside India 63.5%; domestic operations carry an EBIT margin of 13.9% versus 5.3% on exports. A supplier agreement with related party Banil Casting Private Limited provides for the exclusive supply of up to 400 metric tonnes of iron castings per month, with an additional 160 MT added from 1 April 2026. Two private entities — Banil Casting (turnover ₹62.60 crore) and Avisa Private Limited (assets ₹4.56 crore, nil turnover) — are proposed to merge into the listed entity, subject to regulatory approvals. In FY26, revenue was ₹91.40 crore and EBITDA margin was 18.45%. Raw materials are the largest cost at 52.7% of revenue, followed by other operating expenses at 30.2%.