Nagpur Power & Industries logo

Nagpur Power & Industries financials and balance sheet

BSE: 532362Ferrous MetalsSmall Cap

Last close ₹128.30down ₹14.35 (10.06%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹142.65.

52-week range of traded prices to 23 Oct 2026
₹80.16Low, 11 Dec 2025₹214.90High, 21 Aug 2026
Market cap
₹168 Cr2,421st largest listed
P/E
Lossover the last 12 months
P/B
2.0
Dividend yield
Nonein the last 12 months
ROE
−3.2%
ROCE
−2.7%
Debt to equity
0.25
Volume, BSE
8,636

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Nagpur Power & Industries annual reports

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
Peak revenue ₹84 Cr, year to Mar 2026A loss in the year to Mar 2026, −₹2.14 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

  1. Revenue84
  2. Materials and goods−32
  3. Employee costs−28
  4. Other expenses−21
  5. Operating profit2.8
  6. Depreciation−3.2
  7. Other income+1.4
  8. One-off items0.0
  9. Finance costs−2.9
  10. Profit before tax−1.9
  11. Tax−0.3
  12. Net profit−2.1

What the company owns

  • Plant, investments and other assets₹69 Cr
  • Receivables₹34 Cr
  • Inventory₹19 Cr
  • Current investments₹18 Cr
  • Cash and bank₹3 Cr

What pays for it: net worth and liabilities

  • Net worth₹94 Cr
  • Borrowings₹23 Cr
  • Owed to suppliers₹15 Cr
  • Other liabilities₹10 Cr

Nagpur Power & Industries business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Nagpur Power & Industries segment results by quarter

Revenue by segment

₹84 CrTotal
  • Electrical Division₹44.7 Cr53.1% of total
  • Electro Mechanical Division₹32.8 Cr39.0% of total
  • High/Medium/Low Carbon Ferro Manganese and Silico Manganese Slag₹6.6 Cr7.9% of total

Profit by segment

  • Electrical Division₹1.30 Cr48.3% of total
  • Electro Mechanical Division₹1.39 Cr51.7% of total

Segment results by year

Consolidated, ₹ crore, years to March.

  • Electrical Division

    Revenue, ₹ crore
    Profit, ₹ crore

  • Electro Mechanical Division

    Revenue, ₹ crore
    Profit, ₹ crore

  • High/Medium/Low Carbon Ferro Manganese and Silico Manganese Slag

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue of all businesses–––33.043.846.662.284.1
Company revenue, as in its results41.030.830.033.043.846.662.284.1
Revenue–––27.436.734.537.344.7
Revenue growth––––34.1%−6.0%7.9%19.9%
Profit–––−1.7−0.50.41.81.3
Profit growth––––––312.5%−26.0%
Margin–––−6.3%−1.2%1.2%4.7%2.9%
Return on capital–––−10.1%−3.4%3.1%7.5%4.8%
Assets–––32.229.431.136.947.0
Liabilities–––15.015.917.213.620.0
Capital employed–––17.213.613.823.326.9
Revenue–––5.57.112.124.932.8
Revenue––––0.00.00.06.6
Revenue–––0.2––––
Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.Nagpur Power & Industries quarterly results

₹ croreMar 2017Mar 2018Mar 2019Filed 11 JunMar 2020Filed 4 AugMar 2021Filed 2 AugMar 2022Filed 24 MayMar 2023Filed 31 MayMar 2024Filed 9 JulMar 2025Filed 13 JunMar 2026Filed 29 May
Revenue from operations20.529.841.030.830.033.043.846.662.284.1
20.929.539.335.228.535.244.146.359.281.3
Materials and goods bought8.415.321.314.414.113.917.616.626.132.0
Employee costs7.3–10.112.58.712.815.516.520.227.9
Other expenses5.2–8.08.45.68.611.013.313.021.3
Operating profit before depreciation−0.40.31.7−4.41.5−2.2−0.30.32.92.8
Operating margin−1.7%1.2%4.0%−14.3%5.1%−6.8%−0.7%0.6%4.7%3.4%
Materials, % of revenue41.0%–51.9%46.6%47.2%42.0%40.2%35.5%41.9%38.0%
Employee costs, % of revenue35.3%–24.6%40.5%28.9%38.7%35.3%35.4%32.4%33.2%
Other expenses, % of revenue25.4%–19.4%27.2%18.8%26.1%25.1%28.4%20.9%25.4%
Depreciation and amortisation1.91.82.12.32.32.63.02.92.73.2
Operating profit after depreciation−2.3−1.5−0.4−6.7−0.8−4.9−3.3−2.60.3−0.3
Other income2.22.31.52.84.89.31.13.85.21.4
Finance costs0.91.01.11.31.21.21.51.92.42.9
One-off items0.00.00.00.00.00.00.00.00.00.0
Profit before tax−0.9−0.20.0−5.22.73.2−3.6−0.63.1−1.9
0.20.10.00.10.10.60.10.00.30.3
Net profit−1.0−0.30.0−5.22.72.7−3.7−0.62.7−2.1
Other comprehensive income––0.4−2.31.40.20.10.80.90.3
Total comprehensive income––0.4−7.54.02.8−3.60.23.7−1.8
Net margin−5.0%−1.1%0.1%−17.0%8.9%8.0%−8.5%−1.4%4.4%−2.5%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2018 they do not, so they are left blank.

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ croreMar 2019Filed 11 JunMar 2020Filed 4 AugMar 2021Filed 2 AugMar 2022Filed 24 MayMar 2023Filed 31 MayMar 2024Filed 9 JulMar 2025Filed 13 JunMar 2026Filed 29 May
8174807983839594
8074778081828583
Share capital1313131313131313
Reserves6760646768697270
Belonging to outside owners of subsidiaries2120211011
611121113161723
1619181819242547
12322242
Total assets989510199104109124143
5147535562636762
4748484442465781
Net debt−18−16−11−11−7−4−23
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ croreMar 2021Filed 2 AugMar 2022Filed 24 MayMar 2023Filed 31 MayMar 2024Filed 9 JulMar 2025Filed 13 JunMar 2026Filed 29 May
−2.22.82.3−3.9−9.1−3.0
−2.03.02.4−1.5−9.1−2.8
−4.64.10.8−7.3−12.0−5.9
Receivables−1.02.9−0.7−4.3−9.4−13.2
Inventories0.5−0.3−0.7−2.3−2.6−5.8
Payables−2.30.20.71.42.012.6
Other working capital−1.81.31.6−2.1−2.10.5
Tax paid−0.2−0.2−0.1−0.1−0.1−0.2
Capital spending3.73.93.52.24.03.5
Free cash flow−5.9−1.0−1.2−6.1−13.1−6.5
2.2−0.7−1.93.9−0.50.4
−0.2−2.3−0.41.58.34.2
Dividends paid0.00.00.00.00.00.0
Shares bought back0.00.00.00.00.00.0
Shares issued0.00.00.00.08.70.0
Net change in cash−0.2−0.20.01.4−1.41.6
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Consolidated, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Filed 11 JunMar 2020Filed 4 AugMar 2021Filed 2 AugMar 2022Filed 24 MayMar 2023Filed 31 MayMar 2024Filed 9 JulMar 2025Filed 13 JunMar 2026Filed 29 May
Earnings per share−₹0.79−₹0.24₹0.03−₹4.00₹2.03₹2.03−₹2.85−₹0.48₹2.10−₹1.63
Diluted earnings per share−₹0.79−₹0.24₹0.03−₹4.00₹2.03₹2.03−₹2.85−₹0.48₹2.10−₹1.63
Book value per share––₹60.84₹56.15₹59.08₹60.97₹62.08₹62.32₹64.88₹63.34
Shareholder yield––––0.0%0.0%0.0%0.0%−6.5%0.0%
Market cap at the year end (₹ crore)40474944477187129134192

Ratios

Consolidated, years to March.Nagpur Power & Industries PE ratio and valuation

RatioMar 2018Mar 2019Filed 11 JunMar 2020Filed 4 AugMar 2021Filed 2 AugMar 2022Filed 24 MayMar 2023Filed 31 MayMar 2024Filed 9 JulMar 2025Filed 13 JunMar 2026Filed 29 May
Revenue growth45.2%37.5%−24.8%−2.8%10.1%32.8%6.3%33.4%35.3%
Operating profit growth–382.2%–––––959.5%−3.4%
Net profit growth––––0.0%––––
Earnings per share growth––––0.0%––––
–0.1%−6.8%3.5%3.4%−4.6%−0.8%3.3%−2.5%
––−6.9 pts10.4 pts−0.1 pts−8.0 pts3.8 pts4.1 pts−5.8 pts
From the net margin––−8.8 pts10.4 pts−0.3 pts−6.9 pts3.9 pts3.3 pts−5.2 pts
From asset turnover––2.1 pts−0.1 pts0.3 pts−1.1 pts0.0 pts0.5 pts−0.3 pts
From borrowing––−0.2 pts0.1 pts−0.1 pts0.0 pts0.0 pts0.2 pts−0.3 pts
Return on capital employed–−0.5%−7.9%−0.9%−5.4%−3.4%−2.6%0.2%−0.3%
Cash conversion–––−84.3%106.7%––−332.2%–
Interest cover–––––––0.1–
Debt to equity–0.080.150.160.140.160.190.180.25
Receivable days–9197126836893124147
Inventory days–189279308322236244192218
Payable days–1041221131188210874172
Cash conversion cycle, days–175253322287222230242194
Working capital days–113137200149115134164159
Asset turnover–0.420.320.310.330.430.440.530.63
Assets per rupee of net worth–1.231.261.301.271.261.311.401.59
Sales per rupee of plant–1.881.411.391.512.002.172.833.90
Capital spending to depreciation–––1.581.471.170.751.491.11
Plant being built, % of plant in use––0.2%1.1%0.2%0.2%0.1%4.4%4.2%
Interest cover is left blank for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023, Mar 2024 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year
−1.6%
Cash from operations against operating profit
−106.0%
Measure10 years5 years3 years
Revenue growth, yearly rate–22.9%24.3%
Return on equity, average–−0.3%0.0%
Return on capital employed, average–−2.3%−0.9%
Operating margin, average−0.5%0.2%2.9%
Net margin, average−1.4%0.0%0.2%
Asset turnover, average–0.470.53
Cash conversion cycle, days, average–235222
Debt to equity, average–0.180.21

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations−11.0−16.1−3.0
Cash from investing1.33.80.4
Cash from financing11.213.94.2
Capital spending17.09.73.5
Dividends paid0.00.00.0
Shares bought back0.00.00.0
Shares issued for cash8.78.70.0
Borrowings raised14.813.99.0
Borrowings repaid3.72.82.6

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9––575554
Altman Z-scorePublished threshold 1.813.562.733.023.904.024.564.533.94
Beneish M-scorePublished threshold −1.78––−1.87−2.79−2.59−2.06−1.34−2.24
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––2.770.49−4.08−0.5410.600.34
Cash from operations to profit, 3 yearsPublished threshold 0.7 times––––1.82–––
Receivables growth less revenue growthOur threshold 0 percentage points–4.5729.97−37.84−24.5740.8143.3025.82
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–32.3810.284.32−33.843.14−33.4216.75
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–2.000.660.050.083.190.563.96
Assets under construction, years of additionsOur threshold 2 years of additions–0.010.110.020.020.010.310.33
Effective tax ratePublished threshold 17.16 per cent0.00–3.3817.59––9.96–
Tax charged less tax paid, % of profitOur threshold 10 percentage points–––12.81––8.04–
A threshold marked as ours has no published figure; it is the line we read the check against.