Nath Industries Ltd

Financial highlights

• Total income from operations: Rs 160.45 cr for quarter ended 30 Jun 2026.
• Prior quarter total income: Rs 131.03 cr.
• Net profit after tax: Rs 3.85 cr; prior quarter loss Rs 2.08 cr.
• EPS (face value Rs 10): Rs 2.03 for the quarter.
• Board-approved unaudited standalone results dated 12 Aug 2026.

Segment and notes

• Segment revenue total: Rs 160.39 cr for quarter ended 30 Jun 2026.
• Segments include Sale of Paper, Sale of Chemical, and Trading Activity.
• Notes confirm unaudited standalone results under Ind AS.

Business overview

• Nath Industries operates in paper production, chemicals trading, and related activities.

Key compliance status

• Securities received for dematerialisation were confirmed to depositories (accepted/rejected).
• Dematerialised securities were listed on the stock exchange.
• Physical dematerialisation certificates were mutilated and cancelled; depository registered owner substituted within 15 days.

FY26 audited results

• Standalone audited results for quarter and year ended 31 March 2026.
• Auditor issued an unmodified opinion on the standalone financial results.

Financial performance

• Q4 revenue from operations was ₹129.51 crore, versus ₹126.11 crore a year earlier.
• FY26 revenue from operations was ₹490.69 crore, up 15.8% year on year.
• FY26 total income was ₹494.87 crore, versus ₹427.47 crore last year.
• FY26 total expenditure was ₹485.62 crore, versus ₹414.49 crore last year.
• FY26 profit before tax was ₹9.34 crore, versus ₹17.98 crore last year.
• FY26 profit after tax was ₹6.68 crore, versus ₹9.74 crore last year.
• Q4 PAT was a loss of ₹2.08 crore, versus profit of ₹0.36 crore last year.
• Basic and diluted EPS for FY26 was ₹3.51, versus ₹5.12 last year.

Costs and margins

• FY26 material cost was ₹341.62 crore, the largest expense line.
• FY26 other operating, admin and establishment expenses rose to ₹106.74 crore.
• FY26 finance cost declined to ₹10.53 crore from ₹12.14 crore.
• FY26 employee benefit expense increased to ₹22.65 crore from ₹21.56 crore.

Segment performance

• Paper revenue was ₹206.16 crore in FY26, versus ₹285.14 crore last year.
• Chemical revenue was ₹104.17 crore in FY26, versus ₹138.27 crore last year.
• Paper segment profit was ₹16.57 crore in FY26, versus ₹5.58 crore last year.
• Chemical segment profit was ₹7.25 crore in FY26, versus ₹3.29 crore last year.
• Trading activity contributed ₹1.07 crore revenue and ₹0.10 crore segment profit in FY26.

Balance sheet and cash

• Cash and cash equivalents rose to ₹8.56 crore at 31 March 2026 from ₹0.13 crore.
• Trade receivables declined to ₹62.30 crore from ₹70.52 crore.
• Inventories increased to ₹45.89 crore from ₹38.69 crore.
• Total borrowings were ₹93.01 crore, including ₹80.11 crore current borrowings.

Management commentary

• Management said FY26 total income grew 15.77% to ₹494.87 crore.
• Management said second-half performance was impacted by US tariffs and the US-Iran war.
• Management highlighted FY26 PAT of ₹6.68 crore despite adverse global events.

Business model

• Nath Industries operates paper, chemical and trading businesses.
• Paper and chemical segments are the main revenue contributors.

Financial Performance 📊

• Total income for nine months ended Dec 31, 2025, was Rs 367.50 crore, up 21.48% YoY.
• PAT for nine months was Rs 8.75 crore versus Rs 5.98 crore in prior year period.
• Quarterly revenue from operations was Rs 116.77 crore; total income Rs 119.51 crore.
• Quarterly PAT was Rs 5.52 crore; basic and diluted EPS stood at Rs 0.30 per share.
• Total expenditure for nine months was Rs 358.73 crore; material cost Rs 253.67 crore.
• Segment revenue for nine months: Paper Rs 224.30 crore, Chemicals Rs 155.00 crore.
• Segment results for nine months: Paper profit Rs 14.13 crore, Chemicals loss Rs 7.85 crore.

Operations & Risks ⚠️

• Fire incidents in paper divisions caused 12-15 days operational disruption; loss under assessment.
• Fire-damaged assets are adequately insured; insurance claim process initiated.

Corporate & Compliance 🗓️📍

• Board approved unaudited results on Feb 10, 2026; figures prepared as per Ind AS.
• Auditor’s limited review report expressed no material misstatement or qualification.
• Previous period figures regrouped/recast where necessary for comparability.

Business Model

• Company operates in paper and chemical segments with trading activities.

🗓️ Meeting Details

• Board meeting scheduled for February 10, 2026.

📊 Financial Performance

• Consideration, adoption, and publication of unaudited financial results for quarter and nine months ended December 31, 2025.