National Biscuit Industries Limited SAOG (NBII) Earnings Call Transcript & Summary

Good morning, everyone. Myself Shweta, Board Secretary of National Biscuit Industries. With me are Mr. Harkamal Kumar, CFO of the company; and Mr. Aiman, Investor Relations Officer of the company. I welcome you all to the MSX discussion session for the year ended 31st March 2026. In this meeting, I will present the audited results for the year ended 31st March 2026. We will have a question-and-answer session at the end of the meeting. First, I'll present the income statement for the year ended 31st March 26, in comparison with the figures for the year ended 31st March 2025. Sales of the company has remained flat from OMR 19.6 million to OMR 19.5 million. Gross profit has increased by 9%, whereas cost of sales has decreased from OMR 16.6 million to OMR 16.1 million. Expenses, including selling and distribution, general and administration, finance cost has increased by 9% from OMR 2 million to OMR 2.2 million. Profit after tax has increased by 10% from OMR 1 million to OMR 1.1 million. Moving on to the balance sheet. Property, plant and equipment has increased by 14% from OMR 6.3 million to OMR 7.1 million. Intangible assets has increased by 20%, right-of-use assets has increased by 4%. Total noncurrent assets has increased by 12% from OMR 7 million to OMR 7.9 million. Inventories of the company has decreased by 3% from OMR 3.2 million to OMR 3.1 million. Trade and other receivables have increased by 7% from OMR 4.7 million to OMR 5 million. Cash and bank balance has decreased by 12% from OMR 2 million to OMR 1.8 million. On the liability side, retained earnings increased by 7% from OMR 7.3 million to OMR 7.8 million, resulting in growth in shareholders' equity from OMR 8.6 million to OMR 9.2 million. Total noncurrent liabilities have increased by 6% from OMR 1.3 million to OMR 1.4 million. Trade and other payables have increased by 3% from OMR 6.8 million to OMR 7 million. Provision for income tax has decreased by 4%. Total of equity and liability has increased by 5% from OMR 17 million to OMR 17.8 million. Moving on to the property, plant and equipment. Property, plant and equipment has increased by 14%. Additions during the period is OMR 1.5 million, whereas the charge for the period is OMR 637,000. Trade and other receivables has increased by 7% from OMR 4.7 million to OMR 5 million. Trade and other payables have increased by 3% from OMR 6.8 million to OMR 7 million. That's all from our side, we will have a question-and-answer session, if any.

So there is a questions from MSX [ traders ] about increase in the number of shareholders. No, there is no plan as of now to issue the bonus share or increase the share capital. So there is another question about expansion in the factory as of now. We require the warehousing space, which has maybe currently taken on rental. So we are building our own warehouse behind our existing factory location where we had a plant available. Generally, do we have any other questions? Otherwise, we'll discontinue the session and we'll proceed. Thank you very much for joining us today. We'll close the session for today. Thank you.

Thank you.