Northern Nigeria Flour Mills Plc (NGX:NNFM)

NGX:NNFM Balance Sheet

Financials in millions NGN. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	748.13	1,537	880.17	2,991	1,762	962.52
Cash & Short-Term Investments	748.13	1,537	880.17	2,991	1,762	962.52
Cash Growth	2.87%	74.57%	-70.58%	69.75%	83.08%	84.54%
Accounts Receivable	121.19	1,366	965.17	1,004	622.48	114.5
Other Receivables	11,807	7,241	26.55	29.14	36.2	107.41
Receivables	11,928	10,321	991.72	1,033	658.68	221.91
Inventory	18,031	19,119	20,457	6,255	7,645	8,238
Prepaid Expenses	41.42	76.36	940.67	106.38	133.79	34.14
Other Current Assets	29.92	103.76	94.73	75.03	59.63	0.48
Total Current Assets	30,779	31,157	23,364	10,461	10,259	9,457
Property, Plant & Equipment	11,925	12,017	7,183	7,460	7,567	3,848
Other Long-Term Assets	79.51	0.28	2.33	3.11	1.52	10.26
Total Assets	42,783	43,174	30,549	17,924	17,828	13,315

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	0.38	7,431	13,889	4,368	8,535	9,053
Accrued Expenses	15.56	1,213	1,349	480.43	369.22	348.03
Short-Term Debt	-	15,023	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	45.74	164.79	156.13
Current Income Taxes Payable	217.09	217.09	1,257	686.68	95.34	97.81
Current Unearned Revenue	498.89	343.93	417.34	1,240	93.6	104.66
Other Current Liabilities	29,568	3,279	2,931	1,946	937.79	31.51
Total Current Liabilities	30,300	27,507	19,843	8,767	10,196	9,791
Long-Term Debt	-	-	-	-	49.22	237.57
Long-Term Unearned Revenue	-	-	-	-	0.62	9.33
Pension & Post-Retirement Benefits	202.56	238.44	258.67	198.31	199.92	190.06
Long-Term Deferred Tax Liabilities	3,286	3,286	754.15	881.75	762.67	201.57
Other Long-Term Liabilities	126.7	-	-	-	39.86	30.75
Total Liabilities	33,915	31,032	20,856	9,847	11,248	10,461

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	89.1	89.1	89.1	89.1	89.1	89.1
Additional Paid-In Capital	89.52	89.52	89.52	89.52	89.52	89.52
Retained Earnings	1,214	4,488	4,469	2,853	1,355	1,110
Comprehensive Income & Other	7,475	7,475	5,046	5,046	5,046	1,566
Shareholders' Equity	8,868	12,142	9,693	8,078	6,580	2,854
Total Liabilities & Equity	42,783	43,174	30,549	17,924	17,828	13,315

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	-	15,023	-	45.74	214.01	393.7
Net Cash (Debt)	748.13	-13,487	880.17	2,946	1,548	568.82
Net Cash Growth	2.87%	-	-70.12%	90.27%	172.17%	-
Net Cash Per Share	4.20	-75.68	4.94	16.53	8.69	3.19
Filing Date Shares Outstanding	178.2	178.2	178.2	178.2	179.42	178.2
Total Common Shares Outstanding	178.2	178.2	178.2	178.2	179.42	178.2
Working Capital	478.72	3,649	3,521	1,694	63.37	-334.42
Book Value Per Share	49.76	68.14	54.40	45.33	36.67	16.02
Tangible Book Value	8,868	12,142	9,693	8,078	6,580	2,854
Tangible Book Value Per Share	49.76	68.14	54.40	45.33	36.67	16.02
Land	10,700	10,700	5,628	5,628	5,628	1,761
Buildings	451.65	451.65	451.65	351.69	319.23	136.23
Machinery	3,969	3,995	4,001	3,990	3,849	3,792
Construction In Progress	-	55.6	-	117.13	94.45	282.6

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 8, 2026

Data Sources Report a data error