BSE: 544265
Nexxus Petro Industries Limite
Manufactures and trades bitumen, the binder used in road construction, from three facilities in Gujarat. The product line covers standard grades along with value-added Polymer Modified Bitumen (PMB) and Crumb Rubber Modified Bitumen (CRMB), and the company holds one of only 15 CSIR-certified licences in India for its proprietary KrishiBind™ bio-bitumen. The business runs as a single segment, with raw materials accounting for 87.3% of revenue and employees plus other operating expenses making up roughly 8%. Bitumen prices have moved sharply with crude oil markets, surging about 40% amid the West Asia conflict, and domestic prices rose from approximately ₹40,000 to between ₹54,000 and ₹76,000 per tonne. In FY26 the company also sold a non-core 3.99-acre land parcel in Rajasthan for ₹1.72 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Bitumen manufacturing and trading (100%). Cyclical, commodity-linked bitumen manufacturer and trader, single-segment
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY25 | FY26 |
|---|---|---|
| Revenue | 305 | 262 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 10.14 | 9.25 |
| ROE % · ROCE % | — · 31.6 | — · 25.5 |
| Debt / equity (x) | — | — |
| Cash from operations | (8) | 7 |
| Capex | (5) | (8) |
Exhibit 2: Quarterly performance, last 4 quarters
| ₹ crore | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 87 | 218 | 141 | 121 |
| Profit before tax | 2 | 6 | 3 | 6 |
| Net profit | — | — | — | — |
| EPS (₹) | 2.62 | 7.52 | 2.92 | 6.32 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SUPREME PETROCHEM LIMITED | 13,449 | 27.7 | 5.66 | 23.7 | 13.9 | 17.6 | — | 20.4 |
| SWAN CORP LIMITED | 7,431 | 35.7 | 0.81 | 15.6 | 3.0 | 3.3 | 68.6 | 3.0 |
| RAIN INDUSTRIES LIMITED | 6,780 | 12.6 | 0.82 | — | 6.0 | 4.3 | — | 19.3 |
| BHANSALI ENG. POLYMERS LT | 2,764 | 13.8 | 2.55 | 9.3 | 16.6 | 22.4 | (0.2) | 19.6 |
| MANALI PETROCHEMICALS LT | 1,277 | 7.1 | 1.00 | 4.9 | 10.1 | 10.9 | 0.1 | 35.2 |
| DCW LTD | 1,249 | 17.5 | 1.16 | — | 4.5 | 5.4 | — | 7.6 |
| TAMILNADU PETROPRODUCTS L | 1,043 | 7.3 | 1.02 | 7.5 | 9.6 | 10.2 | 5.1 | 16.3 |
| KOTHARI PETROCHEM LTD | 636 | 8.8 | 1.71 | — | 19.5 | 24.9 | — | 16.9 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 3.2 | 13.2 | 1 of 12 | 100% |
| ROCE | 20.5 | 6.1 | 3 of 14 | 85% |
| Market cap | 43 | 840 | 12 of 14 | 15% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 19 Oct 2026 · Routine SEBI compliance filing on share dematerialisation for Sep 2026 quarter | compliance | minimal | — | — |
| 30 Sept 2026 · All 9 resolutions passed at Nexxus Petro 5th AGM with 100 percent approval | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Nexxus Petro 5th AGM held on 29 Sep 2026; 9 resolutions taken up via video conferencing | board shareholder meetings | medium | — | — |
| 29 Sept 2026 · Trading Window Closed from Oct 1 Until H1 FY26 Results Announcement | compliance | minimal | — | — |
| 4 Sept 2026 · FY26 annual report: revenue down 14.1 percent, margins improve | results | high | — | — |
| 4 Sept 2026 · Book Closure for 5th AGM on September 29, 2026 | compliance | minimal | — | — |
| 4 Sept 2026 · 5th AGM scheduled for September 29, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Nexxus Petro appoints Zarana and Associates as Internal Auditor for FY 2026-27 | management changes | medium | — | — |
| 4 Sept 2026 · Cost Auditor appointed for FY 2026-27 | management changes | medium | — | — |
| 4 Sept 2026 · Nexxus Petro Board Clears FY26 Directors Report, Sets 5th AGM for Sept 29 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.