Nutech Global Ltd (531304)

Nutech Global Ltd's Board of Directors has approved the re-appointment of Mr. Rajeev Mukhija as Managing Director for a 3-year term from January 1, 2027, to December 31, 2029. His current term was scheduled to conclude on December 31, 2026. The re-appointment includes remuneration terms and remains subject to shareholder approval at the upcoming Annual General Meeting.

• Re-appointed as Managing Director for a 3-year term from January 1, 2027, to December 31, 2029
• Current 3-year tenure expires on December 31, 2026
• Over 35 years of industry experience in the textile sector
• Subject to approval by shareholders at the ensuing Annual General Meeting

Nutech Global's Board of Directors has approved the re-appointment of Mr. Rajeev Mukhija as Managing Director for a 3-year period effective January 1, 2027 to December 31, 2029. His existing tenure is set to conclude on December 31, 2026. The re-appointment is subject to shareholder approval at the ensuing Annual General Meeting. Mr. Mukhija possesses over 35 years of industry experience and is the son of promoter Shyam Sunder Mukhija.

• Re-appointment of Mr. Rajeev Mukhija as Managing Director approved for a 3-year tenure
• Term is effective from January 1, 2027 up to December 31, 2029
• Current term expires on December 31, 2026
• Re-appointment is subject to shareholder approval at the upcoming Annual General Meeting

Nutech Global reported a standalone revenue of Rs 10.15 Cr for Q1 FY27, showing a sequential recovery from Rs 7.02 Cr in the March 2026 quarter. Net profit remained marginal at Rs 0.07 Cr (Rs 7.17 lacs), reflecting the company's historically thin operating margins. The board also approved the appointment of Mr. Rohan Mukhija, son of the Managing Director, as an Executive Director for a three-year term. Given the company's small market cap of Rs 8 Cr and high debt-to-equity ratio of 1.88, the financial position remains stretched despite the slight uptick in quarterly performance.

• Revenue for Q1 FY27 stood at Rs 10.15 Cr, a 44.6% increase from the previous quarter's Rs 7.02 Cr.
• Net profit for the quarter was reported at Rs 7.17 lacs, compared to Rs 1.0 lac in the preceding quarter.
• Mr. Rohan Mukhija appointed as Whole-time Director for a 3-year term effective August 8, 2026.
• Total expenses for the quarter were Rs 10.05 Cr, nearly consuming the entire revenue of Rs 10.15 Cr.
• The company operates with a high debt of Rs 11 Cr against a net worth of only Rs 6 Cr.

Nutech Global reported a turnaround in Q1 FY27, posting a marginal net profit of Rs 0.64 lakhs compared to a loss of Rs 13.68 lakhs in the same quarter last year. Revenue from operations grew significantly by 38% YoY to Rs 10.45 Cr, up from Rs 7.56 Cr in Q1 FY26. Despite the top-line growth, the company continues to operate on razor-thin margins, with total expenses consuming nearly 99.8% of total income. Additionally, the board appointed Rohan Mukhija, son of the Managing Director, as an Executive Director for a three-year term to lead strategic planning.

• Revenue from operations increased to Rs 10.45 Cr in Q1 FY27 from Rs 7.56 Cr in Q1 FY26.
• Net profit turned positive at Rs 0.64 lakhs vs a loss of Rs 13.68 lakhs in the previous year's corresponding quarter.
• Total expenses for the quarter stood at Rs 10.43 Cr, driven largely by cost of materials and power costs.
• Rohan Mukhija appointed as Additional and Whole-time Director for 3 years effective August 8, 2026.
• Earnings Per Share (EPS) improved to Rs 0.02 from a negative Rs 0.43 in Q1 FY26.

Nutech Global reported a total income of Rs 10.43 Cr for Q1 FY27, a 38% increase compared to Rs 7.56 Cr in the same quarter last year. Net profit remained marginal at Rs 0.67 lakhs (approx. Rs 0.01 Cr), though this is an improvement from a loss of Rs 14.12 lakhs in Jun 2025. The company also announced the appointment of Rohan Mukhija, son of the Managing Director, as a Whole-time Director for a three-year term. Given the company's micro-cap size (Rs 8 Cr) and high debt-to-equity ratio of 1.88, the thin margins remain a key concern for investors.

• Total Income for Q1 FY27 reached Rs 10.43 Cr, representing 25.4% of the total TTM revenue.
• Net Profit for the quarter was Rs 0.67 lakhs, recovering from a loss of Rs 14.12 lakhs in the year-ago period.
• Finance costs for the quarter stood at Rs 31.43 lakhs, which is nearly 3% of the total revenue.
• Rohan Mukhija appointed as Executive Director for a 3-year term effective August 8, 2026.
• The company operates with a high Debt-to-Equity ratio of 1.88, with total debt at Rs 11 Cr against a net worth of Rs 6 Cr.

Nutech Global has scheduled a board meeting for August 8, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company, which has a small market cap of Rs 9 Cr, reported a marginal net profit of Rs 0.01 Cr in the previous quarter (March 2026) on revenue of Rs 7.02 Cr. Additionally, the board will consider appointing Mr. Rohan Mukhija as an Additional and Whole-time Director. This leadership change comes as the company manages a high Debt-to-Equity ratio of 1.88 and thin operating margins of 4.1%.

• Board meeting scheduled for August 8, 2026, to transact quarterly financial business.
• Proposed appointment of Mr. Rohan Mukhija as Additional and Whole-time Director.
• Trading window for insiders has been closed since July 1, 2026.
• Company reported TTM revenue of Rs 41 Cr, significantly higher than its Rs 9 Cr market cap.
• FY26 annual net profit stood at a slim Rs 0.16 Cr compared to a loss of Rs 0.29 Cr in FY25.