
iWare Supplychain Services Announces FY 2026 Results, Recommends Dividend, and Updates Management Committee
iWare Supplychain Services Limited announced the outcomes of its Board meeting held on May 12, 2026, confirming the approval of its audited financial results for the half year and the full financial year ended March 31, 2026. The company also recommended a final dividend and updated its key operational and governance committees.The Board took note of the audited financial results for the year ended March 31, 2026, which were approved by the company. The Statutory Auditors, M/s JAYAM and Associates LLP, Chartered Accountants, issued an unmodified audit report confirming the financial results for the year ended March 31, 2026.
Dividend Recommendation and Board Decisions
In a key governance decision, the Board of Directors considered and recommended a final dividend. The recommended dividend is at 10% of the fully paid-up capital, amounting to Rs. 1/- (Rupee One only) per fully paid-up equity share of Rs. 10/- each, for the Financial Year ended March 31, 2026. This payment is subject to the approval of the shareholders at the ensuing Annual General Meeting.Furthermore, the company approved the re-appointment of M/s. Nikhil Mishra and Associates, Chartered Accountants (FRN: 156107W), as the Internal Auditors for the Financial Year 2026-27.
Changes in Management Committee
The Board of Directors approved the induction of Mr. Vikas Krishnakumar Tanwar, Joint Managing Director, as an additional member of the Management Committee. With this addition, the revised composition of the Management Committee is:1. Mr. Krishna Kumar Tanwar - Managing Director
2. Mr. Rajnish Gautam - Whole-Time Director
3. Mrs. Divya Tanwar - Non-Executive Director
4. Mr. Vikas Krishnakumar Tanwar - Joint Managing Director
Financial Results Overview
The company released comprehensive financial statements covering the year ended March 31, 2026, including the Statement of Financial Results, Balance Sheet, and Cash Flow Statement.The Statement of Financial Results presented the following key figures:
| Particulars | For the Half Year Ended March 31, 2026 (In Lakhs) | For Year Ended March 31, 2026 (In Lakhs) |
|---|---|---|
| Revenue from Operations | 16,422.52 | 25,766.19 |
| Total Income | 16,488.92 | 25,838.14 |
| Total Expenses | 15,355.67 | 23,842.99 |
| Profit/(Loss) before Tax | 1,133.24 | 1,995.14 |
| Profit/(Loss) for the period | - | 801.93 |
| Basic Earnings Per Share (Rs.) | 8.06 | 14.37 |
The company’s Balance Sheet data highlights significant growth in assets and liabilities:
| Particulars | 31-March-2026 | 31-March-2025 |
|---|---|---|
| Total Equity and Liabilities | 16,009.34 | 5,695.89 |
| Share Capital | 1,071.60 | 786.00 |
| Reserves and Surplus | 4,500.67 | 832.62 |
| Long-term Borrowings | 3,724.54 | 1,856.49 |
| Short-term Borrowings | 3,292.78 | 1,117.24 |
| Total Assets | 16,009.34 | 5,695.89 |
| Property, Plant and Equipment | 4,618.47 | 2,569.30 |
| Trade Receivables | 5,995.76 | 1,406.02 |
| Cash and cash equivalents | 1,090.19 | 424.36 |
The Cash Flow Statement details the company's movements during the year:
| Cash Flow Category | 31-March-2026 (In Lakhs) | 31-March-2025 (In Lakhs) |
|---|---|---|
| Net Cash Generated from Operating Activities | (1,979.92) | 596.85 |
| Net Cash Used in Investing Activities | (4,463.83) | (590.24) |
| Net Cash Generated from Financing Activities | 6,349.82 | 149.67 |
| Closing Balance of Cash and Cash Equivalents | 320.35 | 414.28 |
(All financial figures are presented in Lakhs, unless otherwise specified.)
IWARE Stock Price Movement
Today, Iware Supplychain Services Limited shares tumbled, falling 5.00% to settle at ₹362.9. The stock traded on a volume of 22,800 shares, hitting its day's low of ₹362.9.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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