Unaudited Financial Results for the Half Year Ended 30th September 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indobell Insulations reported a 26.4% year-on-year rise in revenue from operations to Rs. 700.40 lakhs for H1 FY26, up from Rs. 554.30 lakhs in H1 FY25. Net profit grew more modestly to Rs. 47.93 lakhs from Rs. 42.39 lakhs, as expenses surged sharply — especially employee and other expenses. EBITDA margins compressed to about 11.6% from 15.6% a year ago. Trade receivables ballooned to Rs. 1,423 lakhs from Rs. 286 lakhs, raising working-capital concerns, though cash from operations stayed strong at Rs. 762 lakhs. The company also paid a Rs. 126 lakhs dividend and submitted a clean IPO utilisation certificate confirming full deployment of the Rs. 1,014 lakh proceeds raised in late 2024.
Top-line growth is encouraging, but margin compression and a steep jump in receivables are red flags. EPS fell to Rs. 0.76 from Rs. 1.04 due to dilution from the IPO, meaning shareholders now need stronger earnings to support the stock. Watch working-capital and collection trends closely in the next print.