Northern Nigeria Flour Mills Plc (NGX:NNFM)

NGX:NNFM Balance Sheet

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

Assets

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

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	7,431	13,889	4,368	8,535	9,053
Accrued Expenses	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	1,257	686.68	95.34	97.81
Current Unearned Revenue	343.93	417.34	1,240	93.6	104.66
Other Current Liabilities	3,279	2,931	1,946	937.79	31.51
Total Current Liabilities	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	238.44	258.67	198.31	199.92	190.06
Long-Term Deferred Tax Liabilities	3,286	754.15	881.75	762.67	201.57
Other Long-Term Liabilities	-	-	-	39.86	30.75
Total Liabilities	31,032	20,856	9,847	11,248	10,461

Shareholders' Equity

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

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	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)	-13,487	880.17	2,946	1,548	568.82
Net Cash Growth	-	-70.12%	90.27%	172.17%	-
Net Cash Per Share	-75.68	4.94	16.53	8.69	3.19
Filing Date Shares Outstanding	178.2	178.2	178.2	179.42	178.2
Total Common Shares Outstanding	178.2	178.2	178.2	179.42	178.2
Working Capital	3,649	3,521	1,694	63.37	-334.42
Book Value Per Share	68.14	54.40	45.33	36.67	16.02
Tangible Book Value	12,142	9,693	8,078	6,580	2,854
Tangible Book Value Per Share	68.14	54.40	45.33	36.67	16.02
Land	10,700	5,628	5,628	5,628	1,761
Buildings	451.65	451.65	351.69	319.23	136.23
Machinery	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: Mar 31, 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:

Jul 27, 2026

Data Sources Report a data error