Indokem Limited — Quarter and year ended March 31, 2026
| Sr. No. | Particulars | Quarter ended March 31, 2026 (Audited) | December 31, 2025 (Unaudited) | March 31, 2025 (Audited) | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | INCOME | |||||
| a) | Income from operations | 4,005 | 3,676 | 4,815 | 14,804 | 15,365 |
| b) | Other Income | 75 | 132 | 2 | 324 | 65 |
| Total income from operations | 4,080 | 3,808 | 4,817 | 15,128 | 15,430 | |
| 2 | Expenses | |||||
| a) | Cost of materials consumed | 2,838 | 2,360 | 3,418 | 10,106 | 10,931 |
| b) | Purchase of stock in trade | 70 | 59 | 92 | 492 | 572 |
| c) | Changes in inventories of finished goods, work-in-process and stock in trade | (49) | 159 | (54) | (91) | (356) |
| d) | Employee benefits expense | 486 | 458 | 396 | 1,782 | 1,602 |
| e) | Finance cost | 74 | 124 | 65 | 337 | 272 |
| f) | Depreciation and amortisation expense | 55 | 54 | 51 | 214 | 207 |
| g) | Other Expenditure | 578 | 508 | 518 | 2,075 | 2,111 |
| Total expenses | 4,052 | 3,722 | 4,486 | 14,915 | 15,339 | |
| 3 | Profit / (Loss) before tax (1) – (2) | 28 | 86 | 331 | 213 | 91 |
| 4 | Tax expenses: | |||||
| Current tax | – | – | – | – | – | |
| Excess / short provision for earlier years | – | – | – | – | (1) | |
| 5 | Profit / (Loss) for the period (3) – (4) | 28 | 86 | 331 | 213 | 92 |
| 6 | Other comprehensive income / (loss) net of tax | |||||
| Items that will not be reclassified subsequently to profit and loss account | ||||||
| (i) Remeasurement of Defined benefit plans | 11 | (3) | 10 | 1 | (14) | |
| 7 | Total comprehensive income / (loss) net of tax (5) + (6) | 39 | 83 | 341 | 214 | 78 |
| 8 | Paid-up equity share capital (face value of Rs. 10/- each) | 2,789 | 2,789 | 2,789 | 2,789 | 2,789 |
| 9 | Other Equity (Excluding Revaluation Reserve) | 983 | 539 | |||
| Total Earnings per share | ||||||
| (a) | Basic (in Rs.) | 0.10 | 0.31 | 1.19 | 0.77 | 0.33 |
| (b) | Diluted (in Rs.) | 0.10 | 0.31 | 1.19 | 0.77 | 0.33 |
| Particulars | March 31, 2026 Audited | March 31, 2025 Audited |
|---|---|---|
| ASSETS | ||
| Non-current Assets | ||
| Property, plant and equipment | 5,746 | 6,319 |
| Capital work-in-progress | 27 | 12 |
| Goodwill | 71 | 71 |
| Intangible assets | 2 | 4 |
| Financial assets | ||
| Investments | 96 | 96 |
| Loans | 1 | – |
| Other financial assets | 77 | 60 |
| Income tax assets (net) | 14 | 19 |
| Other non-current assets | 52 | 56 |
| Total Non-current Assets | 6,086 | 6,637 |
| Current Assets | ||
| Inventories | 3,146 | 2,781 |
| Financial assets | ||
| Investments | 62 | – |
| Trade receivables | 3,574 | 3,120 |
| Cash and cash equivalents | 128 | 46 |
| Bank balance other than cash and cash equivalents | 54 | 35 |
| Loans | 43 | 36 |
| Other financial assets | 60 | 47 |
| Other current assets | 265 | 319 |
| Total Current Assets | 7,332 | 6,384 |
| Total Assets | 13,418 | 13,021 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 2,789 | 2,789 |
| Other equity | 2,742 | 2,529 |
| Total Equity | 5,531 | 5,318 |
| LIABILITIES | ||
| Non-current Liabilities | ||
| Financial liabilities | ||
| Borrowings | 2,472 | 1,192 |
| Other financial liabilities | 300 | 276 |
| Provisions | 350 | 290 |
| Total Non-current Liabilities | 3,122 | 1,758 |
| Current Liabilities | ||
| Financial liabilities | ||
| Borrowings | 210 | 1,020 |
| Trade payables (i) Total outstanding dues of Micro and Small Enterprises | 203 | 22 |
| Trade payables (ii) Total outstanding dues other than Micro and Small Enterprises | 3,433 | 4,168 |
| Other financial liabilities | 84 | 15 |
| Provisions | 147 | 150 |
| Other current liabilities | 688 | 570 |
| Total Current Liabilities | 4,765 | 5,945 |
| Total Liabilities | 7,887 | 7,703 |
| Total Equity and Liabilities | 13,418 | 13,021 |
| Particulars | Year Ended March 31, 2026 Audited | Year Ended March 31, 2025 Audited |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit/(loss) before tax | 213 | 91 |
| Adjustments for: | ||
| Depreciation | 214 | 207 |
| Finance costs | 337 | 272 |
| Interest income | (15) | (3) |
| Allowances for credit losses | 33 | (6) |
| Bad debts w/off | 1 | 2 |
| Provision no longer required | – | (2) |
| Loss on fair valuation of investments through profit and loss | 7 | – |
| Gain on sale of Property, Plant and Equipment | (50) | – |
| Sundry balances off/(written back) | (186) | (15) |
| Unrealised exchange rate difference (net) | 8 | 26 |
| Operating profit before working capital changes | 562 | 572 |
| Changes in working capital: | ||
| (Increase)/decrease in inventories | (365) | (494) |
| (Increase)/decrease in trade receivables | (419) | (622) |
| (Increase)/decrease in loans and advances | (6) | 4 |
| (Increase)/decrease in other financial assets | (31) | (7) |
| (Increase)/decrease in other assets | 57 | (195) |
| Increase/(decrease) in trade payables | (550) | 1,297 |
| Increase/(decrease) in other financial liabilities | 203 | 7 |
| Increase/(decrease) in other liabilities | 118 | (182) |
| Increase/(decrease) in Provisions | 58 | 24 |
| Cash generated from operations | (373) | 403 |
| Income taxes refunded/(paid), net | 5 | (1) |
| Net cash (used in)/generated from operating activities | (368) | 402 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Expenditure on property, plant and equipment and capital advances | (257) | (79) |
| Proceeds from sale of property, plant and equipment | 647 | – |
| Investment in subsidiary | – | (0) |
| Purchase of Current Investments | (69) | – |
| Redemption/(investments in fixed deposits) | (19) | 1 |
| Interest received | 15 | 2 |
| Net cash (used in)/generated from investing activities | 317 | (76) |
| C. CASH FLOW FROM FINANCING ACTIVITIES | ||
| Proceeds from loans taken from banks and financial institutions | 2,014 | 169 |
| Repayment of loans taken from banks and financial institutions | (1,355) | (279) |
| Unsecured loans taken from directors | 162 | 121 |
| Unsecured loans repaid to directors | (376) | (41) |
| Repayment of loans to company | (25) | (12) |
| Loan taken from company | 48 | 14 |
| Finance costs paid | (335) | (274) |
| Net cash (used in)/generated from financing activities | 133 | (302) |
| NET CASH (USED IN)/ GENERATED FROM CONTINUING OPERATIONS | 82 | 24 |
| INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS | 82 | 24 |
| Cash and cash equivalents at the beginning of the year | 46 | 22 |
| Cash and cash equivalents at the end of the year | 128 | 46 |
| Sr. No. | Particulars | Quarter ended March 31, 2026 (Audited) | December 31, 2025 (Unaudited) | March 31, 2025 (Audited) | Year ended March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | INCOME | |||||
| a) | Income from operations | 4,550 | 4,202 | 5,443 | 16,939 | 17,809 |
| b) | Other Income | 27 | 208 | 2 | 306 | 72 |
| Total income from operations | 4,577 | 4,410 | 5,445 | 17,245 | 17,881 | |
| 2 | Expenses | |||||
| a) | Cost of materials consumed | 3,085 | 2,522 | 3,697 | 10,930 | 11,963 |
| b) | Purchase of stock in trade | 70 | 59 | 92 | 492 | 572 |
| c) | Changes in inventories of finished goods, work-in-process and stock in trade | (67) | 164 | (45) | (110) | (343) |
| d) | Employee benefits expense | 592 | 554 | 499 | 2,175 | 1,971 |
| e) | Finance cost | 76 | 126 | 69 | 347 | 283 |
| f) | Depreciation and amortisation expense | 61 | 60 | 56 | 234 | 225 |
| g) | Other Expenditure | 709 | 885 | 679 | 2,973 | 2,881 |
| Total expenses | 4,526 | 4,370 | 5,047 | 17,041 | 17,552 | |
| 3 | Profit / (Loss) before tax (1) – (2) | 51 | 40 | 398 | 204 | 329 |
| 4 | Tax expenses: | |||||
| Current tax* | 18 | 0 | 0 | 19 | – | |
| Excess / short provision for earlier years* | (1) | 0 | 17 | – | 15 | |
| 5 | Profit / (Loss) for the period (3) – (4) | 34 | 40 | 381 | 185 | 314 |
| 6 | Other comprehensive income / (loss) net of tax | |||||
| (a) | Items that will not be reclassified subsequently to profit and loss account | |||||
| (i) | Remeasurement of Defined benefit plans | 11 | (3) | 10 | 1 | (14) |
| (b) | Items that will be reclassified subsequently to profit and loss account | |||||
| (ii) | Exchange Difference on translation of foreign operations | (4) | (1) | 13 | (8) | (2) |
| 7 | Total comprehensive income / (loss) net of tax (5) + (6) | 41 | 36 | 404 | 178 | 298 |
| Net Profit / (loss) attributable to: | ||||||
| – Owners of the company | 35 | 41 | 381 | 187 | 317 | |
| – Non – Controlling Interest | (1) | (1) | – | (2) | (3) | |
| Other comprehensive income / (loss) net of tax | ||||||
| – Owners of the company | 7 | (4) | 23 | (7) | (16) | |
| – Non – Controlling Interest | – | – | – | – | – | |
| Total comprehensive income / (loss) net of tax | ||||||
| – Owners of the company | 42 | 37 | 404 | 180 | 301 | |
| – Non – Controlling Interest | (1) | (1) | – | (2) | (3) | |
| 8 | Paid-up equity share capital (face value of Rs. 10/- each) | 2,789 | 2,789 | 2,789 | 2,789 | 2,789 |
| 9 | Other Equity (Excluding Revaluation Reserves) | 1,900 | 1,404 | |||
| 10 | Earnings per share (EPS) (not annualised) | |||||
| (a) | Basic (in Rs.) | 0.13 | 0.15 | 1.36 | 0.67 | 1.13 |
| (b) | Diluted (in Rs.) | 0.13 | 0.15 | 1.36 | 0.67 | 1.13 |
| Particulars | March 31, 2026 Audited | March 31, 2025 Audited |
|---|---|---|
| ASSETS | ||
| Non-current Assets | ||
| Property, plant and equipment | 5,846 | 6,385 |
| Capital work-in-progress | 27 | 12 |
| Goodwill | 71 | 71 |
| Intangible assets | 2 | 4 |
| Financial assets | ||
| Investments | 1 | 1 |
| Loans | 1 | – |
| Other financial assets | 77 | 60 |
| Income tax assets (net) | 14 | 19 |
| Other non-current assets | 52 | 79 |
| Total Non-current Assets | 6,091 | 6,631 |
| Current Assets | ||
| Inventories | 3,329 | 2,909 |
| Financial assets | ||
| Investments | 62 | – |
| Trade receivables | 4,269 | 3,805 |
| Cash and cash equivalents | 287 | 302 |
| Bank balance other than cash and cash equivalents | 54 | 35 |
| Loans | 2 | 0 |
| Other financial assets | 86 | 71 |
| Other current assets | 321 | 334 |
| Total Current Assets | 8,410 | 7,456 |
| Total Assets | 14,501 | 14,087 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 2,789 | 2,789 |
| Other equity | 3,659 | 3,394 |
| Minority Interest | 3 | 1 |
| Total Equity | 6,451 | 6,184 |
| LIABILITIES | ||
| Non-current Liabilities | ||
| Financial liabilities | ||
| Borrowings | 2,472 | 1,192 |
| Other financial liabilities | 300 | 276 |
| Provisions | 542 | 458 |
| Total Non-current Liabilities | 3,314 | 1,926 |
| Current Liabilities | ||
| Financial liabilities | ||
| Borrowings | 210 | 1,020 |
| Trade payables (i) Total outstanding dues of Micro and Small Enterprises | 203 | 22 |
| Trade payables (ii |