Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Annual Audited Financial Results

Audit Opinion:

Clean/Unmodified Opinion for both standalone and consolidated financial results.

Auditor’s Comment:

No qualifications or modifications. The audit was conducted in accordance with Standards on Auditing.

Key Financial Highlights [Rupees in Lakhs]:

Standalone Results:

Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹822.53 (vs ₹885.42 in Q4 FY25, -7.1% YoY)
  • Total Income: ₹1,056.33 (vs ₹2,390.14 in Q4 FY25, -55.8% YoY)
  • Net Profit: (₹361.66) Loss (vs ₹1,706.64 profit in Q4 FY25)
  • EPS: (₹6.09) (vs ₹28.73 in Q4 FY25)

Year Ended March 31, 2026:

  • Revenue from Operations: ₹3,509.35 (vs ₹3,608.53 in FY25, -2.7% YoY)
  • Total Income: ₹5,723.32 (vs ₹7,995.38 in FY25, -28.4% YoY)
  • Net Profit: ₹420.42 (vs ₹9,184.72 in FY25, -95.4% YoY)
  • EPS: ₹7.08 (vs ₹154.63 in FY25)
  • Other Equity: ₹33,793.07 (vs ₹33,328.98 in FY25)
  • Cash and Cash Equivalents: ₹525.32 (vs ₹3,895.44 in FY25)
  • Debt: Not specifically disclosed as short-term/long-term breakdown

Consolidated Results:

Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹1,357.95
  • Total Income: ₹1,357.95
  • Net Profit: (₹338.15) Loss
  • EPS: (₹5.69)
  • Profit Attributable to: Equity Holders of Holding Company: (₹338.15)

Year Ended March 31, 2026:

  • Revenue from Operations: ₹6,419.15 (vs ₹8,591.50 in FY25, -25.3% YoY)
  • Total Income: ₹6,419.15
  • Net Profit: ₹371.97 (vs ₹9,186.88 in FY25, -96.0% YoY)
  • EPS: ₹6.26 (vs ₹154.63 in FY25)
  • Profit Attributable to: Equity Holders of Holding Company: ₹371.97
  • Other Equity: ₹33,703.59
  • Cash and Cash Equivalents: ₹670.38

Segment-wise Performance [Rupees in Lakhs]:

FY26 Consolidated Segment Revenue:

  • Card Clothing: ₹4,316.01 (vs ₹4,133.72 in FY25, +4.4% YoY)
  • Realty: ₹2,091.61 (vs ₹4,452.60 in FY25, -53.0% YoY)
  • Un-allocable: ₹11.53

FY26 Consolidated Segment Results (Profit/Loss before tax and interest):

  • Card Clothing: (₹981.60) Loss (vs (₹1,649.28) Loss in FY25)
  • Realty: ₹1,675.37 Profit (vs ₹4,179.68 Profit in FY25, -59.9% YoY)
  • Other Income: ₹11.53

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.

Other Significant Information:

Exceptional Items (Standalone FY26): ₹(111.29) Lakh

  • Incremental impact of New Labour Codes, 2025: ₹(111.29) Lakh [Non-Recurring]

Exceptional Items (Consolidated FY26): ₹(111.29) Lakh

  • Incremental impact of New Labour Codes, 2025: ₹(111.29) Lakh [Non-Recurring]

Asset Sale:

  • The company has entered into a Memorandum of Understanding with Balaji Pristine LLP for the sale of commercial property located at Amar Business Zone (Baner Property) for a total consideration of ₹1,320.00 lakhs (₹13.20 crore).
  • An advance of ₹50.00 lakhs has been received as of March 31, 2026.
  • The Baner Property has been classified as "Assets Held for Sale" on the balance sheet.
  • The sale transaction is expected to be completed in June 2026.

Business Outlook:

  • The company's Carding business continues to face headwinds from the Indian Textile Industry due to global geopolitical disturbances and economic slowdown.
  • Management expects recovery of the Textile industry after the next 9 to 12 months.

Subsidiaries:

Consolidated results include:

  • The Indian Card Clothing Company Limited (Holding Company)
  • ICC International Agencies Limited (Subsidiary)
  • Garnett Wire Limited (Subsidiary)