Narmada Gelatines FY26 profit up 65% to ₹28.44 crore

Overview: audited FY26 results and dividend announcement

Narmada Gelatines Limited has announced its audited standalone financial results for the quarter and year ended March 31, 2026, alongside a dividend declaration. The headline number was a sharp year-on-year rise in profitability for FY26, with the company reporting a standalone net profit of ₹28.44 crore. This marked a 65% increase compared with the previous year’s standalone net profit of ₹17.21 crore.

Revenue also moved higher in FY26, with the company reporting revenue of ₹215.41 crore. The combination of higher revenue and a stronger bottom line is likely to keep the stock in focus, particularly because the announcement comes with audited numbers and a dividend decision.

FY26 financial snapshot: profit growth outpaces revenue

For the full financial year 2025-26, Narmada Gelatines reported:

• Standalone net profit of ₹28.44 crore (₹2,844 lakh)
• Previous year standalone net profit of ₹17.21 crore (₹1,721 lakh)
• Revenue of ₹215.41 crore

The 65% jump in net profit indicates a materially improved earnings outcome year-on-year. While the company’s revenue number provides the scale of operations in FY26, the profit growth rate is notably higher than the top-line growth referenced in the provided data, pointing to stronger profitability during the year.

March quarter (Q4FY26): net profit increases to ₹9.58 crore

For the quarter ended March 31, 2026, the company reported a standalone net profit of ₹9.58 crore (₹958 lakh). In the corresponding period of the previous year, standalone net profit was ₹5.36 crore (₹536 lakh).

The March quarter performance matters because it is part of the audited annual results and often reflects year-end business conditions. The rise in quarterly profit, compared with the same quarter last year, aligns with the stronger full-year FY26 profit performance.

Q3FY26 performance: profit up 72.90% and revenue rises 18.14%

Separately, the provided data also highlights the company’s Q3FY26 performance, where net profit jumped 72.90% year-on-year to ₹7.40 crore (₹740 lakh). The comparable figure for the year-ago quarter was ₹4.28 crore (₹428 lakh).

Revenue from operations for Q3FY26 grew 18.14% year-on-year to ₹56.73 crore (₹5,673 lakh). The data set also includes a dashboard-style snapshot showing revenue at 56 for the quarter and net profit at 7, consistent with the same quarter’s scale when read in crore terms.

The Q3 update also included quarter-on-quarter indicators in the same snapshot format: revenue QoQ 10.78%, gross profit QoQ 15.17%, and net profit QoQ 14.20%. These figures indicate sequential improvement within FY26 leading into the March quarter results.

Nine-month FY26 numbers: net profit ₹18.86 crore, revenue ₹153.71 crore

For the nine-month period referenced in the Q3FY26 performance note, Narmada Gelatines reported:

• Net profit of ₹18.86 crore (₹1,886 lakh), up 55.74%
• Revenue reaching ₹153.71 crore (₹15,371 lakh)

These nine-month numbers provide additional context to the full-year outcome, showing that profit growth was already strong through the year, supported by rising revenue.

Key reported financials at a glance

Historical context from earlier disclosures: March 2025 sales and profit series

The provided material also references earlier reported standalone numbers for March 2025, where net sales were stated at ₹49.77 crore, up 0.61% year-on-year. While this is from a prior period and is not a direct part of the FY26 audited announcement, it offers a marker for how sales were tracking earlier.

In addition, a cash flow-style table included a historical series for “Net Profit/Loss Before Extraordinary Items And Tax” (12 months) as follows: Mar 25: ₹22.79 crore; Mar 24: ₹20.58 crore; Mar 23: ₹19.82 crore; Mar 22: ₹15.43 crore; Mar 21: ₹11.39 crore. This series shows a rising trend over multiple years in that specific profit measure.

Another data point referenced EBITDA at ₹22.87 crore, described as a 3.78% increase over the previous year. The provided text does not specify the exact period for this EBITDA figure beyond being a year-on-year comparison, so it should be read as an additional reported metric rather than a reconciled FY26 line item.

Market impact: what the numbers signal for investors

The FY26 results put the focus on the pace of profit growth relative to the previous year, with standalone net profit rising from ₹17.21 crore to ₹28.44 crore. The March quarter profit improvement, from ₹5.36 crore to ₹9.58 crore, reinforces that the year-end quarter contributed materially to the annual outcome.

The Q3FY26 and nine-month figures also add texture to the year’s trajectory. With Q3 net profit at ₹7.40 crore and nine-month net profit at ₹18.86 crore, the data indicates that earnings momentum was visible before the audited year-end results. Revenue growth in Q3FY26 to ₹56.73 crore and nine-month revenue to ₹153.71 crore provides a view of business scale as profitability improved.

Analysis: why the FY26 update matters

Three elements make this update important for shareholders and market watchers. First, the company’s audited annual reporting confirms a step-up in profitability, with FY26 net profit up 65% year-on-year. Second, the year-end quarter showed a clear improvement in net profit compared with the same quarter last year, supporting the full-year jump.

Third, the data set contains multiple time windows, including Q3 and nine-month performance, that show consistent year-on-year improvement in both revenue and profit. This matters because it suggests the FY26 result was not only a single-quarter outcome but part of a broader improvement seen across the year.

Conclusion

Narmada Gelatines’ audited FY26 standalone results show a net profit of ₹28.44 crore on revenue of ₹215.41 crore, with the company also declaring a dividend. The March quarter net profit rose to ₹9.58 crore, and earlier disclosures for Q3FY26 and the nine-month period point to sustained year-on-year growth in both revenue and earnings. The next key checkpoint for investors will be subsequent quarterly disclosures and any further details the company provides on its dividend decision.