NBI Industrial Finance Q4 FY26: Sales -90%, profit -94%

What NBI Industrial Finance reported for March 2026

NBI Industrial Finance Company Ltd reported a sharp fall in standalone revenue and profit for the quarter ended March 2026 (Q4 FY26), according to figures released on May 13, 2026. Net sales for the quarter were reported at ₹1.33 crore. The dataset also states this was down 89.98% year-on-year from ₹13.31 crore in March 2025.

In the same quarter, net profit was reported at ₹0.26 crore, a steep decline from ₹4.01 crore in the March 2025 quarter as cited in the provided quarter-on-quarter and year-on-year comparison table. The operating profile also weakened, with operating profit margin (OPM) shown at 27.07% for March 2026 versus 86.16% for March 2025.

Key quarterly comparison: March 2026 vs March 2025

The summary comparison included in the material puts March 2026 sales at ₹1.33 crore versus ₹6.07 crore in March 2025, a decline of 78% (rounded in the table). Profit after tax (NP) is shown falling 94% from ₹4.01 crore to ₹0.26 crore over the same period.

At the operating level, profit before depreciation and tax (PBDT) is reported at ₹0.36 crore for March 2026 versus ₹5.23 crore for March 2025, a decline of 93%. Profit before tax (PBT) is also listed at ₹0.36 crore for March 2026 compared with ₹5.23 crore in March 2025.

The dataset contains two different sales figures for March 2025: ₹13.31 crore in the “Net Sales/Income from operations” table and ₹6.07 crore in the “Particulars” comparison table for the March 2025 quarter. With no reconciliation provided, readers should treat these as different reported lines or sources and refer to the company’s underlying filing for exact classification.

Sequential trend: Q3 FY26 strength, Q4 FY26 drop

The quarterly sequence provided shows a very strong December 2025 quarter (Q3 FY26) followed by a much weaker March 2026 quarter. Net sales in Q3 FY26 were reported at ₹9.52 crore, while net profit was ₹6.49 crore, with a PAT margin of 68.17%.

For Q2 FY26 (September 2025), net sales were reported at ₹8.59 crore and net profit at ₹6.03 crore, with a PAT margin of 70.20%. For Q1 FY26 (June 2025), sales were reported at ₹0.42 crore and the company reported a net loss of ₹0.35 crore.

This sequence highlights unusually large swings across quarters in both revenue and profitability as captured in the provided quarter table.

Full-year FY26 performance: growth in sales and profit

Despite the weak March 2026 quarter, the annual numbers in the same dataset show expansion for the year ended March 2026. Sales for FY26 were reported at ₹19.86 crore, up 42.57% from ₹13.93 crore in FY25.

Net profit for FY26 was reported at ₹12.43 crore compared with ₹8.49 crore in FY25, a 46% increase (rounded as shown). PBDT and PBT for FY26 were reported at ₹16.70 crore versus ₹10.86 crore in FY25, a 54% increase.

OPM for the year ended March 2026 was reported at 84.09% versus 77.53% in the previous year, based on the table provided.

Cost snapshot: employee expenses in March 2026

The operating table embedded in the material lists employee cost at ₹0.65 crore in March 2026, ₹0.60 crore in December 2025, and ₹1.52 crore in March 2025. Other operating income is shown as “--” across the periods in that table.

No other expense line items are fully visible in the excerpt beyond placeholders. As a result, the cost-side explanation for the margin swing cannot be quantified further from the provided text alone.

Market and stock-price references cited in the dataset

The material includes multiple price references for the stock on May 13, 2026. One snapshot states the stock “moved up by 1.02%” from its previous close of ₹2,573.80 and last traded at ₹2,600.00.

Separately, another snapshot in the dataset cites a “current price” of ₹2,139.00 and states the stock trades 35.59% below its 52-week high of ₹3,320.90, with a bearish trend since November 2025. With different prices appearing in the same compilation, the exact reference point depends on the source and timestamp used.

Shareholding and company details mentioned

The dataset states NBI Industrial Finance Co Ltd is based in Kolkata, West Bengal. It lists a registered office address at “21, Strand Road, Ground Floor” with PIN 700001, and also mentions “23, R N Mukherjee Road, 5th Floor, Kolkata 700001” as another office address.

On ownership, the material states promoter holding was 74.17% as of September 2025, unchanged from March 2025. It also mentions the promoter group led by Shree Capital Services Ltd (21%) and Digvijay Finlease Limited (16.46%).

Long-term growth signals referenced

Two different long-term growth statements appear in the dataset. One line cites five-year sales growth of 6.89% and EBIT growth of 5.41%. Another line says the company has delivered “poor sales growth of -0.62% over past five years,” and a separate table lists compounded sales growth of 10 years at 11% and 5 years at -1%.

Because the compilation does not provide the underlying time periods used for each growth metric, they should be read as source-specific descriptors rather than a single reconciled view.

Summary table of reported financials

Why these results matter for investors

The March 2026 quarter shows a sharp slowdown versus both the immediately preceding strong quarters (September and December 2025) and the year-ago quarter as presented in the comparison table. At the same time, the full-year numbers point to a materially higher revenue base and higher profit versus FY25.

For investors tracking consistency, the key issue raised by the dataset is volatility: sales move from ₹0.42 crore in June 2025 to ₹8.59 crore in September 2025 and ₹9.52 crore in December 2025, before dropping to ₹1.33 crore in March 2026. The company’s reported margins also swing widely across quarters based on the OPM and PAT margin figures provided.

Conclusion

NBI Industrial Finance’s standalone March 2026 quarter was marked by reported sales of ₹1.33 crore and net profit of ₹0.26 crore, sharply lower than the comparable March 2025 quarter figures shown in the dataset. However, FY26 ended with sales of ₹19.86 crore and net profit of ₹12.43 crore, both higher than FY25. The next set of disclosures and the detailed break-up in statutory results will be important to understand the drivers behind the quarter-to-quarter volatility reflected in the numbers provided.