As corporate announcement attached
IMFA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IMFA's Board approved audited FY2026 results showing standalone revenue of Rs 2,826.31 crore (up from Rs 2,564.57 crore), with PAT at Rs 424.36 crore versus Rs 378.09 crore in the prior year, representing ~12% growth. The Board recommended a final dividend of Rs 7.50 per share (70% on face value). Key corporate actions include the acquisition of Tata Steel's Ferro Chrome Plant at Kalinganagar, Odisha, completed on 27 February 2026 for Rs 861 crore plus working capital of Rs 25.03 crore. The auditors (Walker Chandiok & Co LLP) issued an unmodified opinion with no qualifications. Mr Partha Satpathy was appointed as an Additional Independent Director, and M/s S.S. Sonthalia & Co. appointed as Cost Auditors for FY2026-27.
The company delivered double-digit profit growth and an expansion in EBITDA margins driven by the ferro alloys segment, though the stock may see limited reaction given results being in line with expectations. The major Tata Steel acquisition could be a medium-term catalyst if integration proceeds smoothly.