Announced Sat, 30 May · 18:36 IST

The Financial Statements and the Financial Results of the Company as at/ for the year ended 31.03.2026, on standalone and consolidated basis, were approved in the meeting of the Company ....

Pat NegativeExceptional ItemNegative Operating CashflowResults View source PDF

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AI summary

Integrated Capital Services Limited reported audited results for FY2026. Standalone total income rose 136% to Rs. 59.67 Lakhs from Rs. 25.30 Lakhs, while consolidated income increased 82% to Rs. 135.28 Lakhs from Rs. 74.42 Lakhs. The company turned operationally profitable at standalone PBT of Rs. 11.24 Lakhs (vs loss of Rs. 12.63 Lakhs previously) and consolidated PBT of Rs. 28.03 Lakhs (vs loss of Rs. 1.95 Lakhs). However, after-tax losses deepened significantly due to a large deferred tax charge of Rs. 90.76 Lakhs (standalone) and Rs. 89.87 Lakhs (consolidated) caused by reduction in income tax rates, resulting in standalone PAT of Rs. -81.26 Lakhs and consolidated PAT of Rs. -129.52 Lakhs. Consolidated results include an exceptional item of Rs. 47.28 Lakhs (accumulated depreciation on fixed assets sold by subsidiary Green Infra Profiles Pvt. Ltd.). Cash flow from operations turned negative at Rs. -153.33 Lakhs for consolidated, versus positive Rs. 195.83 Lakhs in the prior year. Auditors issued unmodified opinion on standalone results.

Likely market impact

Despite revenue growth and operational profitability, the company posted significant after-tax losses due to deferred tax expenses. The substantial swing in consolidated cash flow from operations and deep losses despite higher income may concern investors. The company is shifting focus to Insolvency and Bankruptcy advisory services.