Indo National Limited — Quarter and year ended March 31, 2026 (audited standalone and consolidated)
| S.No | Particulars | Quarter ended Audited 31-03-2026 | Quarter ended Unaudited 31-12-2025 | Quarter ended Audited 31-03-2025 | Year ended Audited 31-03-2026 | Year ended Audited 31-03-2025 |
|---|---|---|---|---|---|---|
| 1 | Income from Operations | |||||
| (a) Revenue from operations | 10638.73 | 10611.30 | 9710.77 | 45100.95 | 45797.12 | |
| (b) Other income | 151.57 | 192.24 | 246.13 | 719.82 | 865.38 | |
| Total Income | 10790.30 | 10803.54 | 9956.90 | 45820.77 | 46662.50 | |
| 2 | Expenses | |||||
| a. Cost of materials consumed | 4312.96 | 3191.37 | 3297.83 | 15780.14 | 16155.36 | |
| b. Purchase of stock-in-trade | 1932.85 | 2956.84 | 3260.24 | 11337.84 | 13059.34 | |
| c. Changes in inventories of finished goods, work-in-progress and stock-in-trade | 467.94 | 417.73 | (466.23) | 537.48 | (288.45) | |
| d. Employee benefits expense | 1791.54 | 1991.32 | 1780.28 | 7576.31 | 7525.26 | |
| e. Finance costs | 62.49 | 63.41 | 22.19 | 257.74 | 110.14 | |
| f. Depreciation and amortization expense | 328.56 | 330.12 | 293.67 | 1305.90 | 1146.49 | |
| g. Other expenses | 2650.99 | 2575.70 | 1969.94 | 10022.07 | 8847.97 | |
| Total Expenses | 11547.33 | 11526.49 | 10157.92 | 46817.48 | 46556.11 | |
| 3 | Profit before exceptional items and Tax (1-2) | (757.03) | (722.95) | (201.02) | (996.71) | 106.39 |
| 4 | Exceptional items | – | – | – | – | – |
| 5 | Profit before Tax (3-4) | (757.03) | (722.95) | (201.02) | (996.71) | 106.39 |
| 6 | Tax expense | |||||
| a) Current Tax | – | (82.00) | 30.00 | 0.00 | 32.00 | |
| b) Current Tax for earlier years | 0.00 | – | 32.50 | 0.00 | 32.50 | |
| c) Deferred Tax | 51.00 | 21.00 | (0.50) | 43.00 | (59.50) | |
| 7 | Profit for the Period (5-6) | (808.03) | (661.95) | (263.02) | (1039.71) | 101.39 |
| 8 | Other Comprehensive Income (Net of Tax) | |||||
| a) Items not to be reclassified to Profit or Loss in subsequent period | 35.75 | 7.60 | 70.50 | 15.75 | 46.50 | |
| b) Items to be reclassified to Profit or Loss in subsequent period | – | – | – | – | – | |
| Other Comprehensive Income for the period | 35.75 | 7.60 | 70.50 | 15.75 | 46.50 | |
| 9 | Total Comprehensive Income | (772.28) | (654.35) | (192.52) | (1023.96) | 147.89 |
| 10 | Paid Up Equity Share Capital (Face value-Rs.5/-) | 375.00 | 375.00 | 375.00 | 375.00 | 375.00 |
| 11 | Other Equity | 20835.24 | 22234.20 | |||
| 12 | Earning Per Share (of Rs.5/- each (not annualised)) Basic and Diluted | (10.77) | (8.83) | (3.51) | (13.86) | 1.35 |
| S.NO. | Particulars | Standalone Audited As at 31/03/2026 | Standalone Audited As at 31/03/2025 |
|---|---|---|---|
| (A) 1 | ASSETS | ||
| Non-Current Assets | |||
| Property plant and equipment | 14962.72 | 13452.65 | |
| Right of Use Asset | 465.28 | 655.74 | |
| Capital work in progress | 257.95 | 128.62 | |
| Other intangible assets | 864.34 | 983.38 | |
| Financial assets | |||
| Investments | 13794.16 | 16643.53 | |
| Other Financial Assets | 53.80 | 54.37 | |
| Non-Current Tax Assets | 78.40 | 31.88 | |
| Non-current assets (Total) | 30476.65 | 31950.17 | |
| (A) 2 | Current Assets | ||
| Inventories | 6004.63 | 6956.55 | |
| Financial assets | |||
| Trade receivables | 5817.08 | 4821.14 | |
| Cash and cash equivalents | 543.62 | 29.07 | |
| Bank balances other than above | 19.35 | 21.86 | |
| Loans | 1108.23 | 0.00 | |
| Other Financial assets | 2286.45 | 2277.04 | |
| Current Tax Assets (Net) | 549.25 | 531.42 | |
| Other current assets | 2196.83 | 2160.32 | |
| Current assets (Total) | 18525.44 | 16797.40 | |
| TOTAL ASSETS | 49002.09 | 48747.57 | |
| (B) | EQUITY & LIABILITIES | ||
| I | EQUITY | ||
| Equity share capital | 375.00 | 375.00 | |
| Other equity | 20835.24 | 22234.20 | |
| Equity (Total) | 21210.24 | 22609.20 | |
| II | LIABILITIES | ||
| 1 | Non-current Liabilities | ||
| Financial liabilities | |||
| Provisions | 1252.04 | 1210.79 | |
| Deferred tax liabilities (Net) | 1534.04 | 1485.79 | |
| Non-Current Liabilities (Total) | 2786.08 | 2696.58 | |
| 2 | Current Liabilities | ||
| Financial liabilities | |||
| Borrowings | 20144.00 | 18725.72 | |
| Trade payables | |||
| a) Total outstanding due of Micro Enterprise and Small Enterprise | 827.35 | 272.44 | |
| b) Total outstanding due of Creditors other than Micro Enterprise and Small Enterprise | 1837.97 | 2534.53 | |
| Other financial liabilities | 30.36 | 26.71 | |
| Other current liabilities | 1241.97 | 1396.59 | |
| Provisions | 924.12 | 485.80 | |
| Current liabilities (Total) | 25005.77 | 23441.79 | |
| TOTAL EQUITY AND LIABILITIES | 49002.09 | 48747.57 |
| Particulars | STANDALONE Audited As at 31/03/26 | STANDALONE Audited As at 31/03/25 |
|---|---|---|
| A. Cash flow from Operating Activities | ||
| Profit before income tax | (996.71) | 106.39 |
| Adjustment for: | ||
| – Depreciation and amortisation expense | 1,305.90 | 1,146.49 |
| – Sale of Property, Plant and Equipment | (61.90) | 0.57 |
| – Interest Income | (103.19) | (188.74) |
| – Finance Charges | 214.39 | 68.35 |
| Operating profit before working capital changes | 358.49 | 1,133.06 |
| Changes in operating assets and liabilities | ||
| – (Increase) / decrease in Financial assets & other current assets | (42.84) | (2,890.46) |
| – (Increase) / decrease in Trade receivables | (995.94) | (476.44) |
| – (Increase) / decrease in Inventories | 951.92 | (1,194.53) |
| – Increase/ (decrease) in trade payables | (141.65) | 80.43 |
| – Increase/ (decrease) in provisions and other liabilities (including financial liabilities) | 349.60 | (1,797.39) |
| Changes in Working Capital | 121.09 | (6,278.39) |
| Cash generated from operations | 479.58 | (5,145.33) |
| Less : Income taxes paid (net of refunds) | (64.35) | (170.86) |
| Net cash from / (used in) operating activities (A) | 415.23 | (5,316.19) |
| B. Cash flow from Investing Activities | ||
| – Purchase of Property, Plant and Equipment (including changes in Capital Work in Progress) | (2,776.94) | (3,304.36) |
| – Sale proceeds of PPE | 203.04 | 40.81 |
| – (Purchase)/ disposal proceeds of investments | (1,070.00) | 800.00 |
| – Proceeds from repayment of Loans | – | 535.00 |
| – Interest received | 64.96 | 244.20 |
| – (Investment) in Equity Shares | (1,543.63) | – |
| – (Investment) / Withdrawal in Mutual Fund | 4,393.00 | (9,612.58) |
| Net cash from / (used in) investing activities (B) | (729.57) | (11,296.93) |
| C. Cash flow from Financing Activities | ||
| – Proceeds from/(repayment of) long term borrowings | – | – |
| – Proceeds from short term borrowings | 3,421.00 | 18,725.72 |
| – Repayment of short term borrowings | (2,002.72) | (1,700.00) |
| – Dividend paid | (375.00) | (375.00) |
| – Finance Costs paid | (214.39) | (68.35) |
| Net cash (used in) financing activities (C) | 828.89 | 16,582.37 |
| Net Increase / (Decrease) in Cash & Cash Equivalents (A+B+C) | 514.55 | (30.75) |
| Cash and cash equivalents at the beginning of the financial year | 29.07 | 59.82 |
| Cash and Cash Equivalents at the end of the year | 543.62 | 29.07 |
| S.No | Particulars | Quarter ended Audited 31-03-2026 | Quarter ended Unaudited 31-12-2025 | Quarter ended Audited 31-03-2025 | Year ended Audited 31-03-2026 | Year ended Audited 31-03-2025 |
|---|---|---|---|---|---|---|
| 1 | Income from Operations | |||||
| (a) Revenue from operations | 10,711.74 | 10,630.91 | 9,710.77 | 45,246.55 | 46,746.50 | |
| (b) Other income | 155.75 | 232.15 | 319.88 | 763.91 | 18,997.36 | |
| Total Income | 10,867.49 | 10,863.06 | 10,030.65 | 46,010.46 | 65,743.86 | |
| 2 | Expenses | |||||
| a. Cost of materials consumed | 4,384.47 | 3,261.67 | 3,297.83 | 15,929.25 | 16,998.32 | |
| b. Purchase of stock-in-trade | 1,932.85 | 2,956.83 | 3,260.24 | 11,337.84 | 13,059.34 | |
| c. Changes in inventories of finished goods, work-in-progress and stock-in-trade | 435.47 | 365.72 | (466.24) | 465.87 | (914.43) | |
| d. Employee benefits expense | 1,834.27 | 2,033.79 | 1,801.29 | 7,751.54 | 8,069.68 | |
| e. Finance costs | 62.58 | 63.91 | 95.88 | 258.50 | 317.84 | |
| f. Depreciation and amortization expense | 330.93 | 332.42 | 293.67 | 1,313.75 | 1,323.81 | |
| g. Other expenses | 3,936.02 | 2,694.94 | 2,011.88 | 11,580.10 | 11,760.22 | |
| Total Expenses | 12,916.59 | 11,709.28 | 10,294.55 | 48,636.85 | 50,614.78 | |
| 3 | Profit before exceptional items and Tax (1-2) | (2,049.10) | (846.22) | (263.90) | (2,626.39) | 15,129.08 |
| 4 | Exceptional items | – | – | 0.00 | 0.00 | 0.00 |
| 5 | Profit before Tax (3-4) | ( |