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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.

Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split

Data sourced from BSE India corporate announcements. More categories will be added over time.

National Standard (India) Ltd

National Standard (India) Ltd FY26 net profit INR 965.89 lakhs — down 26.8% YoY

RESULTS ▼ Concern Flagged MEDIUM RISK

📅 Filed on BSE: 17 Apr 2026, 06:58 PM IST · BSE ID: 88924285-42a8-4eb6-87c4-e32d6d71e3ad

View Original BSE Filing (PDF)

💡

In Simple Terms

Company's annual profit fell 27% this year to INR 965.89 lakhs despite similar revenue, dragged down by sharply higher operating expenses.

🤖 AI Summary

FY26 net profit INR 965.89 lakhs — down 26.8% from INR 1,319.92 lakhs in FY25
Total income fell to INR 3,995.77 lakhs from INR 4,046.37 lakhs year-on-year
Revenue from operations decreased to INR 2,041.81 lakhs from INR 2,232.97 lakhs
Other expenses surged to INR 634.91 lakhs from INR 215.68 lakhs — 194% increase
EPS declined to INR 4.83 from INR 6.60 per share; unmodified audit opinion issued

🔢 Key Numbers — exact figures from BSE filing, not rounded

Net profit FY26

INR 965.89 lakhs

-26.8%

Total income FY26

INR 3,995.77 lakhs

-1.3%

Revenue from operations FY26

INR 2,041.81 lakhs

-8.6%

Other expenses FY26

INR 634.91 lakhs

+194.2%

Profit before tax FY26

INR 1,327.93 lakhs

-27.3%

EPS FY26

INR 4.83

-26.8%

Current tax expense FY26

INR 364.61 lakhs

-28.0%

🏢 How This Affects the Company

📈

Business Impact

Revenue from operations contracted 8.6% to INR 2,041.81 lakhs. Cost of projects remained proportionate, but deterioration in top-line suggests weaker market demand or project execution.

💰

Financial Impact

Net profit declined 26.8% to INR 965.89 lakhs; PBT fell to INR 1,327.93 lakhs from INR 1,827.03 lakhs. Other expenses surged 194% to INR 634.91 lakhs (from INR 215.68 lakhs), absorbing margin. Effective tax rate: current tax INR 364.61 lakhs on PBT.

⚙️

Operational Impact

Employee benefits expense increased marginally to INR 12.72 lakhs from INR 8.74 lakhs. Cost of projects (INR 2,020.21 lakhs) tracked revenue decline closely, indicating stable project delivery but lower volume throughput.

⚠️

Risk Impact

Spike in other expenses (194% YoY) is material and concerning — detailed breakdown not disclosed in filing. This erosion of operating leverage raises questions on cost control and sustainability of margins.

👥 What This Means For Shareholders

✅

Action Required

Review Q1 FY27 earnings when filed to assess if FY26 margin decline is stabilizing or accelerating.

👤

Who Is Affected

All equity shareholders. EPS per share fell from INR 6.60 to INR 4.83. Dividend decision (if any) will depend on Board approval in future filings.

🔍

Management Signal

Board approved results but did not disclose dividend or capital allocation decision in this filing. Cost discipline deteriorated sharply — management faces pressure to restore operational efficiency.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events

Q1 FY27 earnings filing — confirm if revenue stabilizes or declines further from INR 2,041.81 lakhs baseline

Management commentary on other expenses spike — company must disclose drivers of 194% increase in INR 634.91 lakhs

Dividend declaration or cash allocation policy — Board approval status critical for shareholder returns post-results

MEDIUM RISK Profit fell 26.8% while revenue declined 8.6%, indicating margin compression. Unexplained 194% surge in other expenses to INR 634.91 lakhs creates transparency and cost-control concerns. Monitor next quarter closely.

💡 Investor Takeaway

FY26 net profit fell 26.8% to INR 965.89 lakhs on modest 8.6% revenue decline. Other expenses jumped 194% to INR 634.91 lakhs unexpectedly — filing provides no itemized breakdown. EPS compressed to INR 4.83 from INR 6.60. Operational efficiency deteriorated materially.

⚖️ Strengths & Concerns

✅ Positives

Unmodified audit opinion with clean accounting standards compliance — no audit qualifications or going-concern issues flagged
Paid-up capital stable at INR 2,000.00 lakhs; other equity increased to INR 26,199.54 lakhs, indicating balance sheet stability

⚠️ Concerns

Net profit contracted 26.8% YoY to INR 965.89 lakhs despite only 1.3% decline in total income — margin compression evident
Other expenses exploded 194% to INR 634.91 lakhs from INR 215.68 lakhs with no itemized disclosure — transparency gap on cost drivers

📑 More from National Standard (India) Ltd

National Standard (India) Q2 FY27 Net Profit at Rs. 333.68 Lakhs

RESULTS · 22 Oct 2026

National Standard (India) Ltd Board Meeting to Approve Q2 FY27 Results

BOARD · 15 Oct 2026

National Standard India Ltd: Independent Director Vinod Shah Completes Term July 19

MANAGEMENT · 17 Jul 2026

National Standard Board Meeting on July 20, 2026 to Approve Q1 FY27 Results

BOARD · 14 Jul 2026

National Standard India Ltd Appoints 2 Directors, 1 Director Completes Term

MANAGEMENT · 03 Jul 2026

National Standard appoints Rohit Singhvi as Chief Financial Officer

MANAGEMENT · 17 Apr 2026

All BSE filings we have analysed for National Standard (India) Ltd.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.