ICDS Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
ICDSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.6 pts less than Nifty Microcap 250 and 4.7 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ICDS Limited has filed its unaudited financial results for the quarter and nine months ended December 31, 2025. On a standalone basis, revenue from operations rose to Rs 38.93 lakhs in Q3 (from Rs 33.27 lakhs a year earlier) and to Rs 132.24 lakhs for nine months, up roughly 30% from Rs 102.06 lakhs. Standalone profit after tax for nine months jumped to Rs 104.95 lakhs from Rs 12.93 lakhs; the Q3 PAT of Rs 29.45 lakhs benefited from a Rs 7.37 lakh reversal of an earlier-years' tax provision. On a consolidated basis (including wholly-owned subsidiary Manipal Properties), nine-month revenue grew about 20% to Rs 187.34 lakhs and nine-month PAT more than doubled to Rs 151.54 lakhs. The company operates in four segments — financial services (loan recovery), trading, rent on premises, and insurance marketing — with rent on premises being the largest contributor. Auditor Chaturvedi & Shah LLP issued an unqualified limited review report with no qualifications or emphasis-of-matter.
The sharp improvement in profitability is positive for shareholders, though it reflects a low prior-year base (which was hit by a one-time earlier-years' tax charge of Rs 113.53 lakhs) and small absolute numbers — total revenue remains under Rs 2 crore for nine months. Investors should note ICDS's very small scale and dependence on rent income and trading gains rather than a large operating business.