We refer to our intimation dated February 25, 2025 about an in-principle approval by the Board of Directors…
As filed · We refer to our intimation dated February 25, 2025 about an in-principle approval by the Board of Directors of Everest Buildpro Private Limited ( EBPL ), a wholly owned subsidiary of the Company for a
What happened
FactWe refer to our intimation dated February 25, 2025 about an in-principle approval by the Board of Directors of Everest Buildpro Private Limited ( EBPL ), a wholly owned subsidiary of the Company for a CAPEX of Rs. 138 crores for setting up a new Fibre Cement Boards plant at Matia, Goalpara, Assam. Company for a CAPEX of Rs. 138 crores for setting up a new Fibre Cement Boards plant at Matia,. Assam Industrial Development Corporation Limited (AIDC) under the said CAPEX…
Why it matters
CapitSignal interpretationNew capacity spends capital now for volume later; the commissioning date is the commitment that can be checked against subsequent filings.
Scale
- 10.2% of FY26 revenue
₹138 Cr stated in the filing against ₹1,354.24 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnThe Shareholders may note that the Board of Directors of the Company, at its Meeting held on May 19, 2025, has recommended a final dividend @25% i.e. Rs.2.50/- per equity share of Face Value of Rs.10/- each for the Financial Year ended March 31, 2025, subject to the approval of the Shareholders at the AGM.
I am now very confident that the Company will only grow from strength to strength across all its three businesses, and that FY 2026-27 will be a year that you will be proud of.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Stated commissioning date
- Capital outlay and how it is funded
- Expected asset turns at full utilisation
- NARMADESH BRASS INDUSTRIES LIMITED is proposing, subject to applicable regulatory and statutory requirements, (management committed by FY26)
- I am now very confident that the Company will only grow from strength to strength across all its three busines (management committed by FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- CAPACITY_EXPANSION base 54; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%