Indo Rama Synthetics FY26 Net Profit ₹150.21 Crore

Key Decisions and Approvals

The Board of Directors, in a meeting held from 12:00 PM IST to 5:30 PM IST on 25 May 2026, considered and approved the following items:

1. Financial Results: Approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended 31 March 2026.

2. Audit Reports: Noted the Audit Reports with unmodified opinions from the statutory auditors, M/s S S Kothari Mehta & Co. LLP, for both Standalone and Consolidated Financial Results.

3. CFO Declaration: Accepted the declaration from the Chief Financial Officer confirming the auditors submitted reports with unmodified opinions.

4. Publication of Results: The Company will publish an extract of the Audited Financial Results as required under Regulation 47(1)(b) of SEBI LODR on its website (www.indoramaindia.com).

5. Appointment of Internal Auditors: Appointed M/s Deloitte Haskins & Sells LLP, Chartered Accountants (Firm Registration No. 117366W/W100018), as the Internal Auditors for the financial year 2026-27. The term is for one year, effective from the date of appointment, 25 May 2026.

6. Re-appointment of Cost Auditor: Re-appointed Mr. R. Krishnan, Cost Accountant (Membership No. 7799), as the Cost Auditor for the financial year 2026-27. The term is for one year, effective from the date of re-appointment, 25 May 2026.

7. Dividend: The Board decided not to declare any dividend for the financial year 2025-26.

8. Annual General Meeting (AGM): Approved convening the 40th Annual General Meeting (AGM) on Tuesday, 8 September 2026, to be held through Video Conferencing/OVAM facility, subject to applicable MCA and SEBI circulars/regulations.

9. Press Release: Approved the press release detailing the Q4 and FY26 performance highlights.

Detailed Financial Performance (Consolidated)

The audited consolidated financial results for Indo Rama Synthetics (India) Limited and its subsidiaries are presented below (₹ in crores, unless stated):

For the Quarter Ended (Q4):

| Revenue from Operations | 1,201.66 | 1,182.05 | 1,198.47 |

| Other Income | 5.27 | 9.12 | 22.76 |

| Total Income | 1,206.93 | 1,191.17 | 1,221.23 |

| EBITDA | 122.89 | 64.71 | 100.17 |

| Profit Before Tax (PBT) | 64.13 | 8.78 | 51.07 |

| Tax Expense | - | - | - |

| Net Profit (PAT) | 64.13 | 8.78 | 51.07 |

| Earnings Per Share (Basic) (₹) | 2.46 | 0.34 | 1.96 |

| Earnings Per Share (Diluted) (₹) | 2.46 | 0.34 | 1.96 |

For the Year Ended (FY):

| Particulars | FY 2025-26 (Audited) | FY 2024-25 (Audited) |

| Revenue from Operations | 4,910.06 | 4,258.93 |

| Other Income | 19.95 | 29.03 |

| Total Income | 4,929.01 | 4,287.96 |

| EBITDA | 368.25 | 207.99 |

| Profit Before Tax (PBT) | 150.21 | 1.40 |

| Tax Expense | - | - |

| Net Profit (PAT) | 150.21 | 1.40 |

| Earnings Per Share (Basic) (₹) | 5.75 | 0.05 |

| Earnings Per Share (Diluted) (₹) | 5.75 | 0.05 |

Key Financial Ratios & Notes:

EBITDA Margin for Q4 FY26 was 10.13% compared to 8.20% in Q4 FY25.
EBITDA Margin for FY26 was 7.47% compared to 4.85% in FY25.
The improvement in profitability is attributed to aggressive cost-cutting and improved market conditions.
The consolidated results include the following entities:
Holding Company: Indo Rama Synthetics (India) Limited
Subsidiaries: Indorama Ventures Yarns Private Limited, Indorama Yarns Private Limited, Indorama Sustainable Polymers (India) Private Limited, Indorama Sustainable Polyester Yarns Private Limited.
An exceptional item of ₹2.70 crores related to Employee Benefit Expenses was recognized for FY26 due to the incremental impact of new Labour Codes.
The Group operates in one reportable segment: manufacturing and trading of polyester goods.

Detailed Financial Performance (Standalone)

The audited standalone financial results for the company are also provided (₹ in crores, unless stated):

For the Quarter Ended (Q4):

| Revenue from Operations | 1,176.00 | 1,161.19 | 1,146.68 |

| Other Income | 0.42 | 11.02 | 127.05 |

| Total Income | 1,176.42 | 1,172.21 | 1,273.73 |

| Profit Before Tax (PBT) | 43.77 | (34.87) | 48.09 |

| Tax Expense | - | - | - |

| Net Profit (PAT) | 43.77 | (34.87) | 48.09 |

| Earnings Per Share (Basic) (₹) | 1.68 | (1.34) | 1.84 |

| Earnings Per Share (Diluted) (₹) | 1.68 | (1.34) | 1.84 |

For the Year Ended (FY):

| Particulars | FY 2025-26 (Audited) | FY 2024-25 (Audited) |

| Revenue from Operations | 4,546.25 | 3,950.00 |

| Other Income | 112.72 | 110.80 |

| Total Income | 4,658.97 | 4,060.80 |

| Profit Before Tax (PBT) | 110.03 | 90.07 |

| Tax Expense | - | - |

| Net Profit (PAT) | 110.03 | 90.07 |

| Earnings Per Share (Basic) (₹) | 4.21 | 3.45 |

| Earnings Per Share (Diluted) (₹) | 4.21 | 3.45 |

Key Balance Sheet Highlights (Standalone as of 31 Mar 2026):

Total Assets: ₹3,091.08 Cr (vs. ₹2,664.10 Cr on 31 Mar 2025)
Total Equity: ₹563.76 Cr (vs. ₹452.96 Cr on 31 Mar 2025)
Borrowings (Non-current + Current): ₹88.40 Cr (vs. ₹17.33 Cr on 31 Mar 2025)

Other Information

Company Facilities: Registered Office & Manufacturing Complex is located at A-31, MIDC Industrial Area, Butibori, Nagpur - 441122, Maharashtra. Corporate Office is at Plot No. 53 & 54, Delhi Press Building, Phase-IV, Udyog Vihar, Gurugram-122015, Haryana.
Company CIN: L17124MH1986PLC166615
The press release highlights the company as a major dedicated polyester manufacturer in India with an integrated manufacturing complex in Butibori, Nagpur, with a production capacity of 672,000 tons per annum.