NDR Auto Components reported robust financial growth for the fiscal year ended March 31, 2026. Standalone revenue rose to ₹822.54 crore and net profit increased to ₹53.05 crore. The company also recommended a ₹4 per equity share dividend.
NDR Auto Components Reports Strong Financials for FY25-26
Standalone revenue at ₹822.54 crore; Standalone PAT ₹53.05 crore.
Reader Takeaway: Revenue and profit growth are positive drivers; tax disputes are a pressure point.
What just happened
NDR Auto Components Ltd announced its financial results for the fiscal year ended March 31, 2026. The company reported a standalone revenue of ₹822.54 crore, an increase from ₹712.78 crore in the previous fiscal year. Standalone Profit After Tax (PAT) grew to ₹53.05 crore from ₹45.08 crore. Consolidated PAT stood at ₹61.94 crore. The board has also recommended a dividend of ₹4 per equity share (40%).
Why this matters
The financial performance shows significant year-on-year growth in both revenue and profitability, indicating improved business operations. The dividend payout signals a commitment to returning value to shareholders. The planned carve-out of the Sunshade business into a joint venture suggests strategic moves for future growth.
The backstory
NDR Auto Components is involved in the automotive components sector. The company has recently been under scrutiny regarding tax matters, including challenging income tax demand orders and an industry-wide dispute on GST classification for two-wheeler seats. These issues stem from past investigations and classification differences.
What changes now
The company is set to potentially restructure its business by carving out its Sunshade division into a 50:50 joint venture with NDR Hayashi Automotive India Private Limited (NHI). This is expected to be completed within three months post-board approval. This move could lead to a more focused approach for both the existing business and the new JV.
Risks to watch
Investors should monitor the ongoing tax and regulatory disputes. These include the challenge to income tax demand orders and the industry-wide litigation concerning GST classification and rates for two-wheeler seats. While the company is confident of a favorable outcome, these matters pose a financial and operational risk.
Peer comparison
(No specific peer comparison data available in the filing.)
Context metrics (time-bound)
Standalone Revenue FY25-26: ₹822.54 crore
Standalone PAT FY25-26: ₹53.05 crore
Recommended Dividend: ₹4 per equity share
What to track next
Investors should closely watch the progress of the Sunshade business carve-out and the outcomes of the tax and GST litigations. Continued financial performance improvements will also be key.