NACDAC Infrastructure Limited has announced the outcome of its Board of Directors meeting held on November 13, 2026. The board approved the unaudited standalone financial results for the half-year ended September 30, 2026, alongside the statement of assets and liabilities and cash flow statement. Additionally, a limited review report from the statutory auditors and a certificate on the utilization of IPO proceeds were taken on record.
Board Approves Financial Results and IPO Utilization
NACDAC Infrastructure Limited’s Board of Directors convened on Friday, November 13, 2026, to review and approve key financial information and strategic documents. The meeting, which commenced at 04:00 P.M. and concluded at 05:00 P.M., resulted in the approval of the company’s unaudited standalone financial results for the half-year period ending September 30, 2026. This includes the associated Statement of Assets and Liabilities and Cash Flow Statement as of that date.
Auditor’s Review and IPO Proceeds Update
Furthermore, the Board took on record the Limited Review Report issued by the company’s statutory auditors, M/s Piyush Kothari & Associates (FRN 140711W), pertaining to the aforementioned financial results. In a separate significant decision, the Board also reviewed and accepted a Certificate dated November 13, 2026, from M/s Piyush Kothari & Associates, detailing the utilization of proceeds from the Initial Public Offer (IPO).
Financial Highlights
The unaudited financial results reveal a Profit After Tax of ₹147.83 Lakhs for the half-year ended September 30, 2026, compared to ₹236.24 Lakhs for the corresponding period in the previous year (half-year ended September 30, 2025). The total revenue for the half-year ended September 30, 2026, stood at ₹2,465.03 Lakhs. The company’s Paid-up Equity Share Capital remains constant at ₹1,052.51 Lakhs.
IPO Fund Utilization
A detailed breakdown of the IPO fund utilization as of September 30, 2026, indicates that the entire allocated amount of ₹1,001.00 Lakhs has been utilized. Key allocations included ₹750.00 Lakhs for funding working capital requirements, ₹142.10 Lakhs for General Corporate Purposes, and ₹108.90 Lakhs for Issue Expenses. The company raised these funds through an IPO listed on the BSE SME platform on December 24, 2024, issuing 28,60,000 equity shares at a premium.
Source: BSE
