INTLCONVNSEInternational Conveyors LimitedHighNeutral
Announced Wed, 20 May · 18:37 IST

International Conveyors Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctRevenue DeclineAuditor Mid Year ChangeResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹79.21
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₹80.10
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AI summary

International Conveyors Limited reported standalone revenue of Rs 20,365L for FY26, up 44.5% from Rs 14,082L in FY25, driven by strong conveyor belt segment growth (Rs 16,393L vs Rs 13,268L). Standalone PAT declined 10.7% to Rs 6,806L from Rs 7,625L, indicating margin compression despite top-line strength. The company posted a Q4 standalone PAT of Rs 511L, recovering from a Q4 FY25 loss of Rs 3,221L. Consolidated PAT was Rs 6,838L vs Rs 9,171L in prior year. The Board recommended a final dividend of Rs 0.50 per equity share (50% of face value). Statutory auditors G.P. Agrawal & Co. issued an un-modified opinion. Internal auditors were re-appointed as Lodha & Co. LLP. ESOP allotments diluted IGE (India)'s stake from 50.02% to 45.92%. The company also acquired full equity of International Conveyors Australia Pty. Ltd. during the year.

Likely market impact

Strong revenue growth of 44.5% is positive but the 10.7% decline in standalone PAT and steeper 25.4% decline in consolidated PAT signals cost or margin pressure. Shareholders may welcome the dividend but should monitor declining profitability against robust topline.