Narmadesh Brass profit drops to ₹3.01 cr in FY26
The brass manufacturer reported a decline in annual profit from ₹5.06 cr in the previous year on revenue of ₹87.79 cr.
What's new
- Narmadesh Brass reported FY26 revenue of ₹87.79 cr.
- Net profit fell to ₹3.01 cr from ₹5.06 cr in the prior year.
- The auditor issued an unmodified report on the standalone financials.
Why this matters
The company's bottom line contracted by roughly 40% year-on-year. For a nano-cap with a market capitalization of ₹53 cr, this performance reflects a period of margin pressure.
What we're watching
- Any commentary on the cause of the profit decline.
- Future revenue guidance for the current fiscal year.
- Liquidity and working capital trends for the brass business.
The full read
Narmadesh Brass Industries reported its audited standalone results for the year ended March 31, 2026. The company generated revenue of ₹87.79 cr but saw its net profit slide to ₹3.01 cr, down from the ₹5.06 cr it earned in the prior year. The auditor provided an unmodified report on the financials. With a market capitalization of ₹53 cr, the company remains a nano-cap player in the brass sector. The results show a contraction in profitability. The next test is whether the company can stabilize margins in the current fiscal year.
Questions answered
- What were the key financial results for Narmadesh Brass in FY26?
- The company recorded revenue from operations of ₹87.79 cr and a net profit of ₹3.01 cr for the year ended March 31, 2026.
- How does the FY26 profit compare to the previous year?
- Profit declined from ₹5.06 cr in the previous year to ₹3.01 cr in FY26.
- Did the auditor raise any concerns?
- No, the auditor's report on the standalone financial results is unmodified.
- What is the scale of the company?
- Narmadesh Brass is a nano-cap entity with a market capitalization of approximately ₹53 cr.