N R International Limited Reports Financial Results; Stakeholders Note Contingent Tax Liabilities and Cash Flow Performance

N R International Limited Reports Financial Results; Stakeholders Note Contingent Tax Liabilities and Cash Flow Performance​

NR International Limited has released its audited standalone financial results for the quarter and the year ended March 31, 2026. The company's performance review highlights significant expenses despite managing to maintain a net increase in cash equivalents over the period.

The statutory audit of the company's financial statements was conducted by M/s ABA & Co., Chartered Accountant.

Financial Performance Review​

For the year ended March 31, 2026, the company recorded a profit or loss of (1,681.83) in thousands. Revenue from Operations stood at 2,500.00 in thousands for the period, while Total Income was reported at 2,695.08 in thousands.

Total Expenses for the year amounted to 5,043.45 in thousands, resulting in a profit or loss before tax of (2,148.38) in thousands. The company recorded a total comprehensive income of (1,681.83) in thousands.

The financial performance metrics for the period and the previous year are summarized below:

Financial Position and Liquidity Status​

As of March 31, 2026, the company's total assets stood at 2,16,127.95 in thousands. The equity base stood at 2,15,429.62 in thousands, while Total Liabilities were reported as 2,16,127.95 in thousands.

The Cash Flow Statement indicated a net increase in cash and cash equivalents of 2,096.77 in thousands for the year. Net Cash from Operating Activities was recorded at 1,707.88 in thousands, while Net Cash from Financing Activities stood at (6,182.24) in thousands.

The balance sheet details show significant components under current assets and liabilities:

Material Findings and Contingencies​

The audit report addressed several key areas of the company's operations:

• Tax Proceedings: The management reported that the company has received demands from the Income Tax Department regarding income escaping proceedings amounting to approximately INR 14.80 Crores.
• Contingent Liabilities: Separate notes detailed contingent liabilities concerning ongoing proceedings in respect of Income Escaping Assessment under various financial years, totaling 1,48,074.64 in thousands. Additionally, the company had contingent liabilities regarding demands raised under Orissa VAT and CST/Entry Tax amounting to 74.16 in thousands as of March 31, 2026.
• Loans and Advances: The auditor's report noted that the company provided loans and advances totaling over INR 14 Crores (in thousands) during the year, some of which were unsecured and given to entities related to directors.

The audit opinion on the financial statements was qualified by the independent auditor based on the findings relating to these matters.

Stock Price Movement​

NR International Ltd. settled at ₹5.00 on Monday, as shares showed no change in the stock's valuation. The security remained completely flat throughout the trading day, with its intraday high and low remaining locked at ₹5.00.