Nitin Fire Protection Industries Ltd

Meeting Details

• Board meeting scheduled for August 14, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.

Other Notes

• Reference to liquidation order leading to suspension of trading on stock exchanges; details not provided.

Financial Performance 📊

• Standalone Q3 revenue was ₹653.41 lakhs, up 9.8% YoY; nine months revenue ₹1,373.74 lakhs vs ₹715.56 lakhs YoY.
• Standalone Q3 profit before tax was ₹133 lakhs vs loss of ₹97,574.84 lakhs in Q3 2024; nine months PBT ₹1,317.93 lakhs vs loss of ₹97,163.82 lakhs YoY.
• Consolidated Q3 revenue was ₹711.49 lakhs, up 4.9% YoY; nine months revenue ₹1,503.17 lakhs vs ₹1,032.26 lakhs YoY.
• Consolidated Q3 profit before tax was ₹57.89 lakhs vs loss of ₹97,899.87 lakhs in Q3 2024; nine months PBT ₹1,444.23 lakhs vs loss of ₹97,503.58 lakhs YoY.
• Consolidated net profit after tax and share of associate was ₹143.20 lakhs for nine months ended December 2025 vs loss of ₹97,504.82 lakhs YoY.
• Standalone and consolidated EPS (basic) was ₹0.02 in Q3 2025 vs ₹33.39/₹33.50 in Q3 2024 impacted by exceptional items.

Exceptional Items & Taxation ⚠️

• Exceptional loss of ₹97,231.49 lakhs recorded in Q3 and nine months ended December 2024, absent in current periods.
• No income tax provision made due to absence of taxable income and uncertainty of future profits.
• No deferred tax asset recognized on unabsorbed losses/depreciation due to uncertainty of future taxable profits.

Corporate Actions & Governance 📍

• Company under liquidation since January 18, 2022; liquidator holds all board powers, no board meetings held.
• Sale as going concern completed on October 3, 2024; NCLT approval on June 3, 2025; final liquidation closure order awaited.
• Share capital unchanged at ₹5,845.39 lakhs; interlocutory application for cancellation and fresh equity shares pending approval.

Audit & Group Structure 🗒️

• Statutory auditors issued unqualified limited review reports on standalone and consolidated unaudited financial results.
• Group includes Nitin Fire Protection Industries Limited, wholly owned subsidiary Eurotech Cylinders Pvt Ltd, and associate Worthington Nitin Cylinders Pvt Ltd.
• Group operates in single segment: fire protection/detection equipment and allied activities.

Financial Performance

• Unaudited standalone results for nine months ended December 31, 2025: total income Rs. 2,986.82 lakhs, PBT Rs. 1,317.93 lakhs.
• Unaudited consolidated results for nine months ended December 31, 2025: total income Rs. 3,332.09 lakhs, PBT Rs. 1,444.23 lakhs.
• Consolidated results include wholly owned subsidiary Eurotech Cylinders Pvt Ltd and immaterial associate Worthington Nitin Cylinders Pvt Ltd.
• Statutory auditors issued unqualified limited review reports on standalone and consolidated unaudited results.
• No income tax provision or deferred tax asset recognized due to absence of taxable income and profit uncertainty.

Corporate Actions

• Nitin Fire Protection Industries Limited is under liquidation; Board powers suspended and vested with Liquidator Uliyar Balakrishna Bhat.
• Liquidator completed sale of the company as a going concern; NCLT approved sale with "clean slate" status on June 3, 2025.
• Final liquidation closure order from NCLT is awaited following sale approval.

Share Capital and Regulatory ️

• Company filed interlocutory application for cancellation and issuance of fresh equity shares; approval pending, share capital unchanged.

🗓️ Meeting Details

• Board meeting scheduled for Thursday, 15th January 2026.

📊 Financial Performance

• Approval of unaudited standalone and consolidated financial results for quarter and nine months ended 31st December 2025.
• Limited Review Report to accompany the financial results.

⚠️ Corporate Status

• Company under liquidation; powers vested with Liquidator Uliyar Balakrishna Bhat.
• Sale of the company as a going concern completed; awaiting final liquidation closure order from NCLT.
• Trading in company securities suspended on BSE and NSE due to liquidation order dated 9th February 2022.