Indo Rama Synthetics Announces Audited Financial Results for Q4 and FY26
Indo Rama Synthetics (India) Limited announced the approved audited financial results for the fourth quarter and the full fiscal year ending March 31, 2026, following a meeting of its Board of Directors.The Board meeting also addressed key corporate governance matters, including the appointment and re-appointment of statutory auditors and cost auditors for the financial year 2026-27.
Financial Performance Highlights (FY26)
The company's consolidated financials showed substantial growth in key revenue and profitability metrics.| Particulars | Q4/FY26 (₹ in Crore) | FY26 (₹ in Crore) | FY25 (₹ in Crore) |
|---|---|---|---|
| Total Income | 1,206.93 | 4,929.01 | 4,287.96 |
| EBITDA | 122.89 | 368.25 | 207.99 |
| EBITDA % | 10.13% | 747% | 4.85% |
| Profit/(Loss) Before Tax | 64.13 | 150.21 | 1.40 |
| Profit/(Loss) After Tax | 64.13 | 150.21 | 1.40 |
Total Income for the fourth quarter and the year ended FY26 recorded a decrease of 1.17% and an increase of 14.94% respectively, compared to the corresponding periods in FY25. EBITDA increased to ₹122.89 Crore for Q4/FY26 and ₹368.25 Crore for the year ended FY26, up from ₹100.17 Crore and ₹207.99 Crore, respectively, attributed to aggressive cost cutting and improved market conditions. Profit After Tax for Q4/FY26 improved to ₹64.13 Crore, and for the full year ended FY26, it reached ₹150.21 Crore, compared to ₹51.07 Crore and ₹1.40 Crore in FY25.
Corporate Governance and Board Decisions
During the Board meeting, the Directors took several key decisions:- Internal Auditors: M/s Deloitte Haskins & Sells LLP, Chartered Accountants, were appointed as the Internal Auditors for the financial year 2026-27.
- Cost Auditors: Mr. R. Krishnan, Cost Accountant, was re-appointed as the Cost Auditor for the financial year 2026-27.
- Dividend: Considering the financial results for FY25-26, the Company was unable to declare a dividend for the said year.
- AGM: The meeting scheduled the convening of the 40th Annual General Meeting of the Company on Tuesday, September 8, 2026, via Video Conferencing/OAVM facility.
Financial Statements Overview
Audited Standalone Statement of Assets and Liabilities
The standalone financial results for the quarter and year ended March 31, 2026, showed significant growth in total assets.| Particulars | As at 31 March 2026 (₹ in crores) | As at 31 March 2025 (₹ in crores) |
|---|---|---|
| TOTAL ASSETS | 3,091.08 | 2,664.10 |
| Property plant and equipment | 857.19 | 238.37 |
| Capital work-in-progress | 3,591 | 3,063 |
| Investments | 1,810 | 1,610 |
| Total current assets | 1,660.38 | 1,372.57 |
| TOTAL EQUITY AND LIABILITIES | 3,244.09 | 2,935.66 |
| Total equity | 563.76 | 452.96 |
| Borrowings (Non-current) | 35,077 | 17,328 |
| Total current liabilities | 22,228.4 | 1,153.30 |
Audited Consolidated Statement of Assets and Liabilities
The consolidated financial results saw an increase in total assets, reflecting the combined performance of the Group.| Particulars | As at 31 March 2026 (₹ in crores) | As at 31 March 2025 (₹ in crores) |
|---|---|---|
| TOTAL ASSETS | 3,244.09 | 2,935.66 |
| Property plant and equipment | 1,225.06 | 1,254.45 |
| Capital work-in-progress | 4,203 | 3,607 |
| Total non-current assets | 1,571.83 | 1,508.80 |
| Total current assets | 1,572.26 | 1,336.86 |
| TOTAL EQUITY AND LIABILITIES | 3,244.09 | 2,935.66 |
| Total equity | 519.47 | 368.21 |
| Borrowings (Non-current) | 444.58 | 357.86 |
| Total current liabilities | 222,284 | 1,153.30 |
Cash Flow Summary
| Particulars | FY ended 31 March 2026 (₹ in crores) | FY ended 31 March 2025 (₹ in crores) |
|---|---|---|
| Net cash generated from operating activities | 45.87 | 335.86 |
| Net cash used in investing activities | (25.04) | (52.48) |
| Net cash used in financing activities | (127.23) | (354.22) |
| Net increase/(decrease) in cash and cash equivalents | (7.39) | 55 |
The company’s primary business segment is manufacturing and trading of polyester goods.
INDORAMA Stock Price Movement
Today, Indo Rama Synthetics shares edged higher, closing at ₹37.06 after gaining 3.75%. The stock saw 60,329 shares traded today, indicating strong end-day momentum for the textile exporter.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.
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