Investment and Precision Castings Limited held a Board of Directors meeting on Saturday, 14th November, 2026, which commenced at 11:30 AM and concluded at 12:30 PM. The Board considered and approved the un-audited standalone and consolidated financial results of the Company for the Quarter and Half Year ended 30th September, 2026.

The financial results were reviewed by the Audit Committee before approval by the Board. The disclosure is made pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors have carried out a limited review of the financial results and expressed unmodified opinion.

Financial Performance Highlights (Standalone)

Quarter Ended 30th September, 2026 (Q2 FY2027):

  • Sales/Income from Operations (net): ₹5,795.19 lakhs (compared to ₹4,395.53 lakhs in Q2 FY2026)
  • Other Operating Income: ₹4.97 lakhs (compared to ₹13.37 lakhs in Q2 FY2026)
  • Other Income: ₹21.04 lakhs (compared to ₹44.16 lakhs in Q2 FY2026)
  • Total Income: ₹5,821.20 lakhs (compared to ₹4,453.06 lakhs in Q2 FY2026)
  • Profit Before Tax: ₹832.44 lakhs (compared to ₹426.03 lakhs in Q2 FY2026)
  • Net Profit: ₹580.10 lakhs (compared to ₹303.33 lakhs in Q2 FY2026)
  • Basic and Diluted EPS: ₹5.80 (compared to ₹3.03 in Q2 FY2026)

Half Year Ended 30th September, 2026 (H1 FY2027):

  • Sales/Income from Operations (net): ₹11,128.77 lakhs (compared to ₹8,797.48 lakhs in H1 FY2026)
  • Other Operating Income: ₹8.59 lakhs (compared to ₹20.35 lakhs in H1 FY2026)
  • Other Income: ₹36.30 lakhs (compared to ₹66.46 lakhs in H1 FY2026)
  • Total Income: ₹11,173.66 lakhs (compared to ₹8,884.29 lakhs in H1 FY2026)
  • Profit Before Tax: ₹1,542.92 lakhs (compared to ₹727.68 lakhs in H1 FY2026)
  • Net Profit: ₹1,079.22 lakhs (compared to ₹520.84 lakhs in H1 FY2026)
  • Basic and Diluted EPS: ₹10.79 (compared to ₹5.21 in H1 FY2026)

Financial Performance Highlights (Consolidated)

The consolidated financial results show nearly identical figures to the standalone results, with minor differences in other expenditure and comprehensive income. The subsidiary I&PCL Vacuum Cast Limited contributed minimal figures to the consolidated results.

Balance Sheet Position (as at 30th September, 2026)

Standalone:

  • Total Assets: ₹24,626.18 lakhs (compared to ₹21,649.04 lakhs as at 31st March, 2026)
  • Equity Share Capital: ₹1,000.00 lakhs (unchanged)
  • Other Equity: ₹10,261.47 lakhs (compared to ₹9,278.09 lakhs as at 31st March, 2026)
  • Borrowings: ₹8,018.66 lakhs (₹1,974.62 lakhs non-current + ₹6,044.04 lakhs current)

Consolidated:

  • Total Assets: ₹24,603.00 lakhs (compared to ₹21,625.85 lakhs as at 31st March, 2026)
  • Equity Share Capital: ₹1,000.00 lakhs (unchanged)
  • Other Equity: ₹10,243.91 lakhs (compared to ₹9,260.98 lakhs as at 31st March, 2026)

Cash Flow Statement (Half Year Ended 30th September, 2026)

Standalone:

  • Net cash generated by operating activities: ₹348.50 lakhs
  • Net cash used in investing activities: ₹792.13 lakhs
  • Net cash from financing activities: ₹618.40 lakhs
  • Net increase in cash and cash equivalents: ₹174.78 lakhs

Capital Investment Approval

The Board has approved a capital investment of up to ₹100 crore towards the development and execution of various projects in the Aerospace, Defence & Energy sector. This investment is aimed at strengthening the Company's capabilities, expanding its infrastructure, and capitalizing on emerging business opportunities in these strategic sectors.

Additional Information

  • The Company has identified Investment Casting Activities as its only reportable segment
  • No investor/shareholder complaints were received for the quarter ended 30th September, 2026
  • Previous period's figures have been reclassified where necessary
  • The financial statements are prepared in accordance with Indian Accounting Standards (Ind AS)

Auditor's Review

The statutory auditors, Park & Company Chartered Accountants (FRN: 116825W), have reviewed both the standalone and consolidated financial results and expressed that nothing has come to their attention that causes them to believe that the statements contain any material misstatement. For the subsidiary I&PCL Vacuum Cast Limited, the interim financial information was reviewed by its auditors.