How did Northern Spirits' FY26 financials look?

Revenue climbed 18.8% to ₹2,30,897 lakhs. Net profit increased 18.2% to ₹2,714 lakhs on a standalone basis for the year ended March 31, 2026.

Why is this filing low-impact?

It's a mandatory annual results disclosure under SEBI rules. The rationale notes these are widely anticipated and disseminated simultaneously, limiting any element of surprise.

Was a dividend announced?

The board recommended a dividend, but the filing does not specify the per-share amount or total payout.

Any issues with the audit?

The rationale does not mention any qualifications or emphasis-of-matter paragraphs in the audit report.

Earnings · Trading · Micro cap

Northern Spirits FY26 profit rises 18.2%, but it's just the annual report

Revenue grew 18.8% to ₹2,30,897 lakhs, net profit followed at ₹2,714 lakhs. The filing is a standard disclosure.

— 1 earlier story on Northern Spirits Ltd. →

NSL By Tipsheet Editorial 26 May 2026 · 4:17 PM IST Verify on BSE · NSE

Mkt cap₹202 cr

P/E7.46×

ROE18.73%

Debt / eq.1.40

Div yld0.27%

18.8% Year-on-year revenue growth for FY26

What's new

FY26 standalone revenue grew 18.8% to ₹2,30,897 lakhs.
Net profit rose 18.2% to ₹2,714 lakhs.
The board recommended a dividend alongside the audited results.

Why this matters

The numbers confirm a growth trend, but the filing itself is a routine regulatory requirement. It changes no narrative and likely moves no stock.

What we're watching

The specific dividend per-share amount, not yet detailed.
Whether the ~18% growth rate holds through FY27.
Margin commentary from any follow-up concall.

The full read

Northern Spirits posted 18.8% revenue growth in FY26. Top line hit ₹2,30,897 lakhs. Net profit kept pace, rising 18.2% to ₹2,714 lakhs. The board also recommended a dividend. It's a clean set of numbers. The caveat is that this is a mandatory annual disclosure. The market has already absorbed the company's steady expansion. This filing changes no story. It confirms a trend. Routine.

Questions answered

How did Northern Spirits' FY26 financials look?: Revenue climbed 18.8% to ₹2,30,897 lakhs. Net profit increased 18.2% to ₹2,714 lakhs on a standalone basis for the year ended March 31, 2026.
Why is this filing low-impact?: It's a mandatory annual results disclosure under SEBI rules. The rationale notes these are widely anticipated and disseminated simultaneously, limiting any element of surprise.
Was a dividend announced?: The board recommended a dividend, but the filing does not specify the per-share amount or total payout.
Any issues with the audit?: The rationale does not mention any qualifications or emphasis-of-matter paragraphs in the audit report.

Mentioned: Northern Spirits Ltd. · FY26 Annual Results · March 31, 2026

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on NSL →

26 May 2026 · 4:17 PM IST Northern Spirits FY26 profit rises 18.2%, but it's just the annual report
41d ago Northern Spirits posts 19% revenue jump. Cash balance swells 21-fold.