Integrated Filing — IndAS



General information about company

Scrip Code 535136
NSE Symbol NIBE
MSEI Symbol NOTLISTED
ISIN INE149O01018
Name of company NIBE LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 12-02-2026   17:35:00
End date and time of board meeting 12-02-2026   18:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 5,907.65 21,494.36
Other income 50.71 227.95
Total income 5,958.36 21,722.31
2 Expenses
(a) Cost of materials consumed 1,314.78 4,078.08
(b) Purchases of stock-in-trade 2,724.55 12,454.70
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (430.34) (662.23)
(d) Employee benefit expense 669.66 1,944.75
(e) Finance costs 437.35 780.23
(f) Depreciation, depletion and amortisation expense 836.19 2,109.83
(f) Other Expenses
1 Aircraft operating expense 1,759.67 2,680.78
2 Other Expenses 827.51 1,653.52
Total other expenses 2,587.18 4,334.30
Total expenses 8,139.37 25,039.66
3 Total profit before exceptional items and tax (2,181.01) (3,317.35)
4 Exceptional items 0.00 0.00
5 Total profit before tax (2,181.01) (3,317.35)
6 Tax expense
7 Current tax 128.77 155.01
8 Deferred tax (423.03) (721.13)
9 Total tax expenses (294.26) (566.12)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (1,886.75) (2,751.23)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (1,886.75) (2,751.23)
17 Other comprehensive income net of taxes (2.75) (9.00)
18 Total Comprehensive Income for the period (1,889.50) (2,760.23)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (1,705.75) (2,360.32)
Total profit or loss, attributable to non-controlling interests (181.00) (390.91)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (1,708.47) (2,369.09)
Total comprehensive income for the period attributable to owners of parent non-controlling interests (181.03) (391.14)
21 Details of equity share capital
Paid-up equity share capital 1,450.13 1,450.13
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -11.76 -10.85
Diluted earnings (loss) per share from continuing operations -11.75 -10.84
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -11.76 -10.85
Diluted earnings (loss) per share from continuing and discontinued operations -11.75 -10.84
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The above Unaudited Consolidated Financial Results have been reviewed and recommended for approval by the Audit Committee and taken on record and approved by the Board of Directors in their respective meeting held on February 12, 2026. 2.These consolidated financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standard (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in section 133 of the Companies Act, 2013 read with Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other recognised accounting practices and policies. 3. The statutory auditors of the Holding Company has carried out a limited review of the results for the quarter and nine months ended December 31, 2025 and expressed an unmodified report on above consolidated results. The company has increased its stake in Nibe meson Naval Limited (Subsidiary Company) on February 06, 2026 to 99.50 percent. Nibe Defense and Aerospace Limited holds 76 percent in Nibe Aeronautics Limited. 4.The Group primarily operates in defence and aeronautics segment. Refer segment information for segment wise revenue, results, assets and liabilities. The Segment report is enclosed herewith. 6. During the quarter and nine months ended December 31, 2025 expenses pertaining to Projects were capitalised and formed part of capital work-in-progress (CWIP).7. Corresponding figures of the previous period have been regrouped and rearranged, wherever necessary to conform to the current period's classification.8. There is no material impact from the enactment of New Labour Codes, 2025 on the financial results of the company in the current period. Also, the Company continues to monitor the finalisation of Central/State Rules and clarifications from Government on other aspects of the Labour Codes and would provide appropriate accounting effect on the basis of such developments in case needed.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Defence 3,989.40 18,747.45
2 Aeronautics 2,047.04 2,875.70
Total Segment Revenue 6,036.44 21,623.15
Less: Inter segment revenue 128.79 128.79
Revenue from operations 5,907.65 21,494.36
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Defence (1,872.25) (2,204.51)
2 Aeronautics (308.76) (1,112.84)
Total Profit before tax (2,181.01) (3,317.35)
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax (2,181.01) (3,317.35)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Defence 42,716.32 42,716.32
2 Aeronautics 3,626.62 3,626.62
Total Segment Asset 46,342.94 46,342.94
Un-allocable Assets 0.00 0.00
Net Segment Asset 46,342.94 46,342.94
4 Segment Liabilities
Segment Liabilities
1 Defence 19,691.08 19,691.08
2 Aeronautics 4,266.88 4,266.88
Total Segment Liabilities 23,957.96 23,957.96
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 23,957.96 23,957.96
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss (3.69) (12.02)
Total Amount of items that will not be reclassified to profit and loss (3.69) (12.02)
2 Income tax relating to items that will not be reclassified to profit or loss (0.94) (3.02)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (2.75) (9.00)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Kailash Chand Jain & Co Yes 31-03-2027