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Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Nidhi Granites reported a net loss and low revenue in its latest quarter, while also making another company its subsidiary.
🤖 AI Summary
Nidhi Granites reported a net loss of Rs. 22.04 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
Revenue from operations for Q2 FY27 stood at Rs. 13.97 Lakhs.
The Board of Directors approved the unaudited financial results on November 13, 2026.
Jowela Exim Private Limited became a subsidiary with Nidhi Granites holding 50.5% equity as of October 15, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Profit/(Loss) for the period after tax (Q2 FY27)
(22.04) Rs. In Lakhs
Not comparable — limited prior period data.
Revenue from operations (Q2 FY27)
13.97 Rs. In Lakhs
Not comparable — limited prior period data.
Total income (Q2 FY27)
33.10 Rs. In Lakhs
Not comparable — limited prior period data.
Net Profit/(Loss) for the period after tax (Half-year ended 30.09.2026)
(60.98) Rs. In Lakhs
Not comparable — limited prior period data.
🏢 How This Affects the Company
📈
Business Impact
The increase in shareholding in Jowela Exim Private Limited to 50.5% on October 15, 2026, makes it a subsidiary, potentially expanding the company's operational scope.
💰
Financial Impact
The company recorded a net loss of Rs. 22.04 Lakhs for Q2 FY27 and a total comprehensive income of Rs. (60.98) Lakhs for the six months ended September 30, 2026.
⚙️
Operational Impact
Consolidation of Jowela Exim Private Limited's operations as a subsidiary implies integration and oversight responsibilities for Nidhi Granites.
⚠️
Risk Impact
The ongoing significant net losses and negative cash flow from operating activities for the half year ended September 30, 2026, indicate sustained financial pressure.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the reported net loss of Rs. 22.04 Lakhs for Q2 FY27 and the change in subsidiary status.
🔍
Management Signal
The Board's approval of unaudited results and the disclosure of the subsidiary acquisition signal ongoing operational and strategic decisions, including expansion into other entities.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — check for changes in revenue and profitability trends.
Updates on the operational performance and integration of Jowela Exim Private Limited.
Any further disclosures regarding strategic investments or divestments.
HIGH RISKThe company continues to report significant net losses and negative total comprehensive income for Q2 FY27 and the half-year.
💡 Investor Takeaway
Nidhi Granites reported a net loss of Rs. 22.04 Lakhs for Q2 FY27 and revenue from operations of Rs. 13.97 Lakhs. The half-year net loss was Rs. 60.98 Lakhs. The company also confirmed Jowela Exim Private Limited became a 50.5% subsidiary as of October 15, 2026.
⚖️ Strengths & Concerns
✅ Positives
Revenue from operations for the six months ended September 30, 2026, was Rs. 17.34 Lakhs, compared to Rs. 10.16 Lakhs for the six months ended September 30, 2025.
Nidhi Granites increased its shareholding in Jowela Exim Private Limited to 50.5% on October 15, 2026, establishing it as a subsidiary.
⚠️ Concerns
Nidhi Granites reported a net loss of Rs. 22.04 Lakhs for the quarter ended September 30, 2026.
The total comprehensive income for the six months ended September 30, 2026, was Rs. (60.98) Lakhs, continuing a trend of negative income.
📅 Company Track Record
No previous filings found for Nidhi Granites Ltd. The company was incorporated in 1981, but no consistent financial trend data from previous filings is available to establish a historical context for its recent performance.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Nidhi Granites' net profit or loss for Q2 FY27?
Nidhi Granites Limited reported a net loss of Rs. (22.04) Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What was Nidhi Granites' revenue from operations in Q2 FY27?
Nidhi Granites Limited's revenue from operations for the quarter ended September 30, 2026 (Q2 FY27) was Rs. 13.97 Lakhs.
What is the status of Jowela Exim Private Limited with Nidhi Granites?
Jowela Exim Private Limited became a subsidiary of Nidhi Granites Limited with effect from October 15, 2026, with Nidhi Granites holding 50.5% of its equity share capital.
What was the total comprehensive income for Nidhi Granites for the half year ended September 30, 2026?
The total comprehensive income for Nidhi Granites Limited for the six months ended September 30, 2026, was Rs. (60.98) Lakhs.
Questions based on this BSE filing only. For information purposes.
All BSE filings we have analysed for Nidhi Granites 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.
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