Outcome of Board Meeting

NR AGARWAL INDUSTRIES LTD. NB November 03, 2026 The General Manager Asst. Vice President, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Bandra Dalal Street Kurla Complex, Bandra (E), Mumbai- 400 001 Mumbai- 400051 BSE Scrip Code: 516082 NSE Symbol: NRAIL Sub:- Outcome of the Board Meeting held on November 03, 2026 Dear Sir/Ma‘am, Pursuant to Regulation 30 and 33 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of aD uir de ic tt eo dr s finat nct ih ae li r rem se ue ltt si ng f or he tl hed qo un rtN eo ve am ndb er alf0 3, ea2 r0 26 ndh ea ds i Sn et pe tr- ea ml bia ap 30p ,r o 2v 0e 2d at nhe u tn h- statement of assets and liabilities and cash flow statement for the half year ended on September 30, 2026. In this connection, we enclose herewith the following: i) Un-audited financial results for the quarter and half year ended September 30, 2026 along with statement of assets and liabilities and cash flow statement for the half year ended September 30, 2026 duly approved by the Board of Directors. ii) Limited Review Report of the Auditors on un-audited financial results for the quarter and half year ended September 30, 2026, The Board Meeting commenced at 2:00 pm and concluded at 4 “20 pm. Thanking you, Yours faithfully, Pooja Daftary Company Secretary & Complianée Membership No: A38024 Encl.: As stated above CIN : L22210MH1993PLC133365 REGD. OFF: 502-A4/501-B, FORTUNE TERRACES, OPP CITI MALL, NEW LINK ROAD, ANDHERI (W), MUMBAI-400 O53. TEL: +91 22 67317500 / 26730570. FAX: +91 22 26736953 NR AGARWAL INDUSTRIES LTD. (%. in Lakhs) a _ Statement of Unaudited Financial Results for the Quarter and Half Year ended September 30, 2026 ; Sl Quarter Ended Half Year Ended Yearended _ | natal eg =“ June 30, 2026 September 30, 2025 | September 30, 2026 | September 30,2025 | March 31, 2026 (Unaudited) (Un audited) (Unaudited) (Unaudited) (Unaudited) — (Audited) 1| Income from operations (a) Revenue from Operations 66,880.96 64,695.56 52,468.36 1,31,576.52 97,682.58 2,14,544.53 (b) Other Income 312.45 577.03 (583,00) 889.48 1,985.48 2,351.24 Total Income 67,193.41 65,272.59 51,885.36 1,32,466.00 99,668.07 2,16,895.77 2 | Expenses | (a) Cost of Materials consumed 44,617.82 42,615.20 35,556.09 87,233.01 65,401.32 143,456.89 (b) Changes in inventories of finished goods, stock-in-trade (1,055.08) (275.27) (395.48) (1,330.36) 448,55 970.65 and work-in-progress (c) Employee benefits expenses 3,375.48 3,400.51 2,956.30 6,775.99 5,074.25 10,543.88 (d) Finance costs 1,554.66 1,644.39 1,695.11 3,199.05 3,245.28 | odd (ec) Depreciation and amortisation expenses 1,820.69 1,785.39 1,094.15 3,606.07 3,382.01 | 6,865.14 (f) Other expenses | Power, fuel and water 8,165.88 7,510.31 6,393.45 15,676.19 12,725.54 | 24,828.06 Others 4,477.73 4,016.03 3,973.89 8,193.76 LTS 17,303.70 Total Expenses 62,957.18 60,696.56 51,473.50 1,23,653,71 98,274.70 2,10,382.76 3 | Profil/(loss) before exceptional items and tax (1-2) 4,236.23 4,576.03 411.86 8,812.29 1,393.37 6,513.01 4 | Exceptional Items Impact of Labour Code - - - - - 106,47 Loss on assets discarded - - 444,29 - 444,29 144.29 5 | Profit/ (loss) before tax (3-4) 4,236.23 4,576.03 (32.43) 8,812.29 949.08 5,962.24 6 | ‘Tax expense (a) Current tax (15.25) 15.25 - - - ’ (c) Deferred Tax 1,157.40 1,063.25 114.99 2,220.65 (558.39) 1,597.33 Total Tax expense 1,142.15 1,078.50 114.99 2,220.65 (558.39) 1,592.33 7 | Net Profit/(Loss) after Tax (5-6) 3,094.08 3,497.53 (147.42) 6,591.64 1,507.46 4,369.91 8 | Other Comprehensive income (A) Items that will not be reclassified to profit or loss: (a) Measurements of the defined benefit plans (48.57) 15.29 4.30 (33,28) 8.60 61.17 (b) Deferred Tax relating to the above items 12122 (3.85) (1.08) 8.38 (2.16)| (15.40) (c) Equity Instruments through other comprehensive income - “ (1.39) - 4,70 | (d) Deferred Tax relating to the above items - - 2.42 0.89 | (B) Items that will be reclassified to profit or loss - - - - - Total Other Comprehensive income/(loss) (36.35) 11.44 4.25 (24.90) 12.02 45.77 9 | Total Comprehensive income (7+8) 3,057.73 3,508.97 (143.17) 6,566.74 1,519.49 4,415.69 10 | Paid-up equity share capital (face value % 10 each) 1,701.91 1,701.91 1,701.91 1,701.91 1,701.91 | 1,701.91 11 | Other equity 79,837.65 12|.. E arni_ n. gs per share of = 10 each (for the peri: od-not annualis. ed) || (a) Basic 18.18 20.55 (0.87) 38.73 8.80 | 25.08 (b) Diluted 18.18 20.55 (0.87) 38.73 8.86 25.68 (Face value of ? 10 each) See accompanying notes to the financial results CIN : L22210MH19 93PLC133965 REGD. OFF: 502-A/501-B, FORTUNE TERRACES, OPP CITI MALL, NEW LINK ROAD, ANDHERI! (WI, MUMBAI-400 O58. TEL: +91 22 67317500 / 26730570. NR AGARWAL INDUSTRIES LTD. Statement of Assets and Liabilities Particulars [As at Asat 30-09-2026 | 31-03-2026 ASSETS | Non-Current Assets 1,17,015.24 118,524.67 (a) Property, Plant and Equipment 25,214.01 22,716.23 (b) Capital work-in-progress (c ) Other Intangible assets 854.13 718,82 (d) Intangible Assets under Development 2,602.00 2,859.29 (e ) Right-of-use asset (f) Financial Assets (i) Investments 412.88 0.29 (ii) Loans 43,32 35.65 (iii) Other financial assets 785.79 1321.92 (g) Other Non-Current Assets 606.23 188.81 "147,533.60 | _—_—‘1,46,365.68 Total - Non-Current Assets Current Assets (a) Inventories 30,328.63 25,309.25 (b) Financial Assets (i) Investment 1,650.96 1,270.04 (ii) Trade receivables 28,292.99 24,652.22 (iii) Cash and cash equivalents 364.08 342.92 (iv) Other bank balances 875.38 151.57 (v) Loans 73.15 192.11 (vi) Other Financial Assets 2,289.77 2,686.96 (c) Current Tax Assets (net) 539.21 420.53 (d) Other Current Assets 1,606.71 1,694.02 Tolal- Current Assets 66,020.88 56,779.63, TOTAL - ASSETS 213,554.48 | ——_-2,03,145.31 EQUITY AND LIABILITIES Equity (a) Equity share capilal 1,701.91 1,701.91 (b) Other equity __ 6,064.00 79,837.05 Total - Equity jp 87,765.97 | 81,539.56 Liabilities Non-current liabilities (a) Financial Liabilities (i) Borrowings 53,560.41 58,724.40 (ii) Lease Liability 2,658.31 2,783.48 (iii) Other Financial Liabilities 1,003.28 714.55 (b) Provisions 451.81 4193.77 (c) Deferred Tax Liabilities (net) 11 ,933.35 9,721.07 Total Non-Current Liabilities Ve ____ 69,607.16 72A37.28 Current Liabilities (a) Financial Liabilities (i) Borrowings 26,206.71 20,166.79 (ia) Lease Liabilities 304.07 378.39 (ii) Trade payables (a) Total outstanding dues of micro enterprises and small enterprises 1,952.27 1462.32 (b) Total outstanding dues of creditors other than micro enterprises and small enterprises 22,271.99 23,303.90 (iii) Other Financial Liabilities 3,866.28 1,927.49 (b) Other Current Liabilities 1,252.11 1,700.10 (c) Provisions 327.98 229.49 (d) Current Tax Liability (net) Total Current Liabilities 56,181.41 | 49,168.47 Total Liabilities 125,788.57. 1,21,605.75 TOTAL EQUITY AND LIABILITIES 2,13,554.48 2,03,145.31 CIN : L22210MH1993PL6133365 REGD. OFF: 502-A4/501-B, FORTUNE TERR ACES, OPP CITI MALL, NEW LINK ROAD, ANDHERI (WI, MUMBAI-400 O58. TEL: +91 22 67317500 / 26730570. NR AGARWAL INDUSTRIES LTD. Statement of Cash Flows __(%.in Lakhs) | As at As at Particulars 30-09-2026 31-03-2026 = (Unaudited) _ (Audited) A, fj CASH FLOWS FROM OPERATING ACTIVITIES: Profit before Income tax 8,812.28 5,962.24 Adjustments to reconcile profit before tax to net cash flows Depreciation and amortisation expense 3,006.07 6,505.14 Loss/ (profit) on sale of property, plant & equipment (7.73) 147.18 Unrealised Foreign Exchange Loss/ (Gain) (Net) (12.65) (66.78) Interest Received (85.66) (Lob.66) Dividend Income (5.87) (99,03) Interest on Rental Security Deposits (Ind AS) (8.57) (20,61) Net Loss/ (Gain) on disposal / fair valuation of investments carried at fair value through profit or loss (256,37) (1,151.15) Assets Written off ‘ . Mark to Market Loss on Forward Contract 317.89 915.13 Sundry balance written back (0.01) [Showing first 8,000 characters — download PDF for full document]