Nexxus Petro Industries Limited reported a decline in revenue for FY2025-26, primarily attributed to challenging market conditions and geopolitical disruptions impacting bitumen supply chains. However, the company demonstrated resilience by improving its profitability, with Profit After Tax increasing by 5.03%. This performance was supported by effective cost management and an improved product mix, including the expansion into value-added products and the strategic initiative of establishing a Used Tyre Pyrolysis Oil (TPO) facility.
FY26 Financial Performance
Nexxus Petro Industries Limited announced its financial results for the year ended March 31, 2026, revealing a revenue from operations of ₹26,187.38 lakh, a decrease of approximately 14.12% compared to ₹30,493.34 lakh in the previous fiscal year. This revenue decline was primarily attributed to challenging geopolitical developments and disruptions in the international supply chain for bitumen, which impacted procurement and sales volumes.
Profitability Improvement
Despite the revenue dip, the company showcased improved profitability. Profit Before Tax increased by 7.45% to ₹869.67 lakh from ₹809.40 lakh in FY2024-25. Similarly, Profit After Tax saw a growth of 5.03%, reaching ₹639.39 lakh compared to ₹608.78 lakh in the prior year. This enhanced profitability was driven by effective cost optimization, improved operational efficiencies, and a reduction in the cost of materials consumed.
Strategic Initiatives
Nexxus Petro Industries is focusing on strategic initiatives to strengthen its business model and enhance long-term value. A significant development during the year was the establishment of a 30 Tonnes Per Day (TPD) Used Tyre Pyrolysis Oil (TPO) manufacturing facility at its Pali premises. This move into TPO manufacturing is expected to create immediate customer and distribution synergies with the existing bitumen business and offers a higher profit margin.
The company is also advancing its sustainable road-building portfolio through its CSIR-CRRI and CSIR-IIP certified license for KrishiBind™ bio-bitumen technology. This initiative aims to create alternative road-binding materials from agricultural residue, aligning with the growing focus on import substitution and sustainable material use.
Source: BSE
