Igarashi Motors India Announces FY 2026 Results and Recommends Dividend of Rs 1.30 Per Share

Igarashi Motors India Announces FY 2026 Results and Recommends Dividend of Rs 1.30 Per Share

Igarashi Motors India Announces FY 2026 Results and Recommends Dividend of Rs 1.30 Per Share​

Igarashi Motors India Limited announced its audited financial results for the quarter and year ended March 31, 2026, and reported the Board's recommendation of a final dividend for the financial year 2025-26. These outcomes were formalized during a Board meeting held on May 21, 2026.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, as per Ind AS format. The company also approved the appointment of professionals to key auditing roles for the coming years.

Dividend Recommendation and Board Approvals​

The Board of Directors recommended a final dividend of Rs. 1.30 per equity share, with a face value of Rs. 10 each, for the financial year ended March 31, 2026. This dividend is subject to the approval of the Members at the ensuing 34th Annual General Meeting. The company stated that the dividend will be paid or dispatched within 30 days following the Annual General Meeting.

In addition to the financial updates, the Board approved the appointment of Sharp & Tannan, Chartered Accountants, as the Internal Auditor of the Company for two financial years: 2026-27 and 2027-28. Separately, the Board also approved the appointment of a Cost Auditor for the financial year 2026-27 for the BLDC Unit (Domestic Unit).

Financial Highlights​

The company’s financial performance showed significant figures across various periods. The reported total income for the year ended March 31, 2026, was 86.769.89 (Currency implied). Key financial metrics for the quarter and year ended March 31, 2026, are summarized below:

ParticularsQuarter ended 31-Mar-26 (Audited)Year ended 31-Mar-26 (Audited)
Total income22.672.2686.769.89
Total expenses22.396.7885.118.52
Profit before tax275.481,651.37
Profit for the period/year159.491,214.66
Total comprehensive income121.82894.70

The Statement of Assets and Liabilities as at March 31, 2026, showed total assets recorded at 83,429.32, compared to 77,501.12 as of March 31, 2025.

Capital Structure and Capitalization​

The company’s paid up equity share capital remained stable, showing a value of 3,147.50 for both March 31, 2026, and March 31, 2025. Furthermore, the total equity was reported at 46,662.94 for the year ended March 31, 2026, increasing from 46,555.12 recorded on March 31, 2025.

Stakeholder Meetings​

The 34th Annual General Meeting of the Company's Members is scheduled to take place on Friday, August 07, 2026, via Video Conferencing/Other Audio Visual Means.

Appointment Details​

Details regarding the professional appointments were provided as follows:

Internal Auditor Appointment (Sharp & Tannan, Chartered Accountants):
MetricDetails
AppointeeSharp & Tannan, Chartered Accountants
Appointment Years2026-27 & 2027-28
Date of AppointmentMay 21, 2026

Cost Auditor Appointment:
MetricDetails
AppointeeB Y & Associates, Practicing Cost Accountants
Audit PeriodFY 2026-27 for BLDC Unit (Domestic Unit)
Date of AppointmentMay 21, 2026

The 34th Annual General Meeting is scheduled to commence at 12:30 hours (IST) and conclude at 14:35 hours (IST).

IGARASHI Stock Price Movement​

Igarashi Motors India Limited shares today slipped by 3.88% to settle at ₹385.00. The equity saw significant trading action, logging a total volume of 563,798 shares.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top