Board Meeting Details

The Board of Directors meeting was held on Wednesday, 4th November 2026. The meeting commenced at 03:00 PM IST and concluded at 03:45 PM IST.

Financial Results Approval

The Board approved the Un-Audited Standalone Financial Results of the Company for the Quarter and Half Year ended on 30th September 2026 along with the Limited Review Report issued by the Statutory Auditors M/s Maark & Associates, Chartered Accountants (FRN: 145153W).

Key Financial Figures (All amounts in ₹ Lakhs)

Quarter Ended 30.09.2026 (Unaudited):

  • Total Income: ₹88.76
  • Total Expenses: ₹6.68
  • Total Profit/(Loss) before Tax: (₹6.68)
  • Tax Expenses: (₹0.12)
  • Net Profit/(Loss) for the period: (₹6.81)
  • Basic Earnings/(Loss) per share: (₹0.005)
  • Diluted Earnings/(Loss) per share: (₹0.005)

Half Year Ended 30.09.2026 (Unaudited):

  • Total Income: ₹88.76
  • Total Expenses: ₹19.00
  • Total Profit/(Loss) before Tax: ₹69.67
  • Tax Expenses: (₹19.34)
  • Net Profit/(Loss) for the period: ₹50.33
  • Basic Earnings/(Loss) per share: ₹0.039
  • Diluted Earnings/(Loss) per share: ₹0.039

Comparative Figures (Quarter Ended 30.09.2025):

  • Total Income: ₹0.17
  • Total Expenses: ₹13.64
  • Total Profit/(Loss) before Tax: (₹13.47)
  • Tax Expenses: (₹0.12)
  • Net Profit/(Loss) for the period: (₹13.59)
  • Basic Earnings/(Loss) per share: (₹0.010)
  • Diluted Earnings/(Loss) per share: (₹0.010)

Year Ended 31.03.2026 (Audited):

  • Total Income: ₹137.14
  • Total Expenses: ₹111.13
  • Total Profit/(Loss) before Tax: ₹26.01
  • Tax Expenses: (₹7.56)
  • Net Profit/(Loss) for the period: ₹18.46
  • Basic Earnings/(Loss) per share: ₹0.014
  • Diluted Earnings/(Loss) per share: ₹0.014

Income Breakdown (Quarter Ended 30.09.2026):

  • Revenue from Operations: ₹50.00
  • Other Income: ₹38.76

Expense Breakdown (Quarter Ended 30.09.2026):

  • Employee Benefits Expense: ₹0.57
  • Finance Cost: ₹0.06
  • Depreciation: ₹0.52
  • Other Expenses: ₹5.53

Capital Structure:

  • Paid-Up Equity Share Capital: ₹1,303.92 lakh
  • Face Value of Equity Share: ₹1.00
  • Number of shares outstanding: 13,039,200

Assets and Liabilities Position (as at 30.09.2026):

  • Total Assets: ₹4,780.90 lakh
  • Total Non-current assets: ₹1,204.59 lakh
  • Property, plant and equipment: ₹1,200.00 lakh
  • Deferred tax assets: ₹0.79 lakh
  • Other non-current assets: ₹3.81 lakh
  • Total Current assets: ₹3,576.31 lakh
  • Cash and cash equivalents: ₹4.41 lakh
  • Loans & Advances: ₹3,532.93 lakh
  • Other current assets: ₹38.96 lakh
  • Total Equity: ₹4,551.52 lakh
  • Equity share capital: ₹1,303.92 lakh
  • Reserves & Surplus: ₹3,247.59 lakh
  • Total Liabilities: ₹229.39 lakh
  • Non-current liabilities: ₹146.35 lakh
  • Borrowings: ₹90.00 lakh
  • Other financial liabilities: ₹56.35 lakh
  • Current liabilities: ₹83.03 lakh
  • Trade payables: ₹49.69 lakh
  • Other financial liabilities: ₹9.22 lakh
  • Provisions: ₹6.49 lakh
  • Current tax liabilities: ₹6.07 lakh

Cash Flow Statement (Half Year Ended 30.09.2026):

  • Net cash used in operating activities: (₹2.76) lakh
  • Net cash flow from investing activities: ₹0.00 lakh
  • Net cash flow from financing activities: (₹0.13) lakh
  • Net decrease in cash and cash equivalents: (₹2.89) lakh
  • Cash and cash equivalents at beginning: ₹7.31 lakh
  • Cash and cash equivalents at end: ₹4.41 lakh

Rights Issue Fund Utilization:

The company raised ₹4,317.22 lakh through a Rights Issue on 5th March 2025. Issue-related expenses were ₹47.66 lakh, resulting in net proceeds of ₹4,269.56 lakh.

Utilization as of 30.09.2026:

  • To acquire land for construction of warehouses: ₹977.00 lakh (fully utilized)
  • To finance construction of the warehouses: ₹0.00 lakh (₹2,414.31 lakh unutilized)
  • To meet General corporate purposes: ₹925.91 lakh (fully utilized)
  • Total utilized: ₹1,902.91 lakh
  • Total unutilized: ₹2,414.31 lakh

There has been no deviation/variation in utilization of the issue proceeds from those mentioned in the Offer Document.

Auditor's Review:

The statutory auditors, Maark & Associates, conducted a limited review of the financial results and issued a report stating that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement. They noted that balances of Loans & Advances, Trade Receivables and Trade Payables are subject to Management Confirmation.

Additional Information:

  • The financial results have been prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34)
  • The company operates under Chemical Business as its only reportable business segment
  • The results are available on the company's website (www.iellimited.com) and BSE website (www.bseindia.com)
  • The figures of previous periods have been regrouped/rearranged/recasted wherever considered necessary