Innomet Advanced Materials Announces Financial Results for March 31, 2026, and Key Director Appointments
Innomet Advanced Materials Limited, formerly Innomet Advanced Materials Private Limited, announced details regarding its financial results and board decisions following a meeting held on May 23, 2026. The company released standalone audited financial results, accompanied by reports on its financial position and cash flow for the year ended March 31, 2026.The Board of Directors also approved several appointments to strengthen the company’s governance framework. These include the appointment of Dr. Venkata Sai Kiran Chakravadhanula (DIN: 11094810) as an Additional Director in the Non-executive independent category. Furthermore, the company appointed M/s. P.S. Rao & Associates, Practicing Company Secretaries, as secretarial auditors for a five-year period, commencing April 1, 2026. Additionally, M/s. V D P & Co, Chartered Accountants, was appointed as the Internal Auditor for the Financial Year 2026-2027.
Financial Performance Highlights (Year Ended March 31, 2026)
The standalone financial results for the year ended March 31, 2026, reported a Profit for the year of 157.27 million Indian Rupees Lakhs. The company reported total revenue from operations of 5,386.41 million Indian Rupees Lakhs for the year.The standalone Balance Sheet as at March 31, 2026, showed a total equity and liabilities of 6,191.85 million Indian Rupees Lakhs. Key components of the balance sheet include:
| Particulars | Year Ended March 31, 2026 (Rs. Lakhs) | Year Ended March 31, 2025 (Rs. Lakhs) |
|---|---|---|
| Total Equity | 4,289.61 | 4,132.34 |
| Total Non-Current Liabilities | 932.95 | 707.14 |
| Total Current Liabilities | 69.2 | 1,269.17 |
| TOTAL EQUITY AND LIABILITIES | 6,191.85 | 6,108.64 |
| Total Non-Current Assets | 2,845.93 | 2,299.76 |
| Total Current Assets | 3,345.92 | 3,808.87 |
| TOTAL ASSETS | 6,191.85 | 6,108.64 |
Detailed Financial Statements
Standalone Statement of Profit and Loss
The following table provides a comparison of the financial performance over the last two fiscal years:| PARTICULARS | Half year ended March 31, 2026 (Rs. Lakhs) | Half year ended September 30, 2025 (Rs. Lakhs) | Half year ended March 31, 2025 (Rs. Lakhs) | Year ended March 31, 2026 (Rs. Lakhs) | Year ended March 31, 2025 (Rs. Lakhs) |
|---|---|---|---|---|---|
| Total Income | 3,056.93 | 2,361.39 | 1,825.06 | 5,418.32 | 3,291.10 |
| Total Expenses | 3,086.01 | 2,091.76 | 5,177.77 | 3,030.34 | |
| Profit for the year | (44.41) | 201.67 | 15.97 | 157.27 | 186.53 |
Standalone Statement of Cash Flow
Net cash from operating activities for the year ended March 31, 2026, was 925.89 million Indian Rupees Lakhs, compared to a net cash flow of (1,846.99) million Indian Rupees Lakhs for the previous year.| PARTICULARS | For the year ended March 31, 2026 (Rs. Lakhs) | For the year ended March 31, 2025 (Rs. Lakhs) |
|---|---|---|
| Net cash from operating activities (A) | 925.89 | (1,846.99) |
| Net cash from/ (used in) investing activities (B) | (800.57) | (841.64) |
| Net cash from/ (used in) financing activities (C) | 138.58 | 2,698.99 |
| Net increase/ (decrease) in cash and cash equivalents (A + B + C) | 263.90 | 10.36 |
Segment Revenue
The company reports segment revenue across two primary segments: Metal powder and tungsten heavy alloy. The combined total revenue from operations reached 5,386.41 million Indian Rupees Lakhs for the year ended March 31, 2026.| Particular | Half Year Ended March 31, 2026 (Rs. Lakhs) | Half Year Ended September 30, 2025 (Rs. Lakhs) | Half Year Ended March 31, 2025 (Rs. Lakhs) | Year Ended March 31, 2026 (Rs. Lakhs) | Year Ended March 31, 2025 (Rs. Lakhs) |
|---|---|---|---|---|---|
| Total Revenue from Operations | 3,033.01 | 2,353.40 | 1,788.28 | 5,386.41 | 3,252.48 |
| Sale of Goods (Metal Powder) | 2,295.00 | 1,764.92 | 1,472.94 | 4,059.92 | 2,550.96 |
| Sale of Goods (Tungsten Heavy alloy) | 1,033.51 | 292.98 | 315.34 | 1,326.49 | 701.52 |
| Sale of Services | -295.50 | 295.50 | |||
| Total Revenue from Operations | 3,033.01 | 2,353.40 | 1,788.28 | 5,386.41 | 3,252.48 |
INNOMET Stock Price Movement
On Friday, Innomet Advanced Materials Limited shares slipped by 2.06% to close at ₹96.2. The stock saw a robust day, recording a total traded volume of 42,000 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.
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