National Fittings revenue climbs 17% as profit hit marks year-end
FY26 revenue hit ₹91.4 cr, but quarterly profit slid to ₹1.72 cr on higher tax charges.
— 1 earlier story on National Fittings Ltd. →What's new
- FY26 revenue rose 17% to ₹91.4 cr.
- Q4 standalone profit dropped to ₹1.72 cr from ₹4.01 cr a year prior.
- The board proposed a final dividend of ₹1 per share.
Why it matters
The jump in annual profit obscures a weaker finish to the year. Higher taxes cut into the bottom line in the final quarter, tempering an otherwise steady annual performance for this nano-cap.
What we're watching
- Sustainability of revenue growth in the new fiscal year.
- Tax liability trends that pressured Q4 margins.
- Dividend payout consistency.
The full read
National Fittings closed the year with ₹91.4 crore in revenue, a 17% increase over the previous year. Core profit before exceptional items doubled to ₹13.04 crore, reflecting a year of steady gains. The story soured slightly in the March quarter, where standalone profit fell to ₹1.72 crore from ₹4.01 crore in the same period last year. Higher tax expenses weighed on the quarterly bottom line. Management responded with a final dividend recommendation of ₹1 per share. This is a routine financial disclosure; there are no surprises here. The next test for the company is whether the current top-line growth can translate into a more consistent quarterly margin, particularly after the tax-driven drag observed at the end of FY26.