Indo Rama Synthetics (India) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctEbitda Margin ExpansionExceptional ItemNegative Operating CashflowResults View source PDF

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AI summary

Indo Rama Synthetics reported strong financial performance for FY26 with consolidated total income of ₹4,929.01 crore, up 14.94% from ₹4,287.96 crore in FY25. EBITDA more than doubled to ₹368.25 crore from ₹207.99 crore, with EBITDA margin expanding from 4.85% to 7.47% due to aggressive cost cutting and improved market conditions. Profit After Tax surged dramatically to ₹150.21 crore from just ₹1.40 crore in the previous year. The company also appointed Deloitte Haskins & Sells LLP as new internal auditors for FY27 and recognized an exceptional item of ₹2.70 crore related to New Labour Codes. However, the board did not declare any dividend for FY25-26.

Likely market impact

The company has delivered a remarkable turnaround with PAT growth of over 100x year-over-year, signaling operational efficiency improvements. However, investors should note the lack of dividend and monitor the significant increase in borrowings for sustainability.