Ecoline Exim Limited's Board of Directors convened on May 09, 2026, and approved the audited standalone financial results for the year ended March 31, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee reviewed and recommended the results prior to board approval. The financial statements were audited by Das & Prasad, Chartered Accountants (Registration No. 303054E), Kolkata. Subsequently, pursuant to Regulation 47 read with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements announcing the audited financial results in "Arthik Lipi" (Bengali edition) and "Business Standard" (English edition) on May 11, 2026.

Financial Performance: FY26 vs FY25

The company delivered steady growth across key financial metrics for the full year ended March 31, 2026. Revenue from operations rose to ₹27,839.97 lakhs in FY26 from ₹26,928.70 lakhs in FY25. Total income, inclusive of other income of ₹848.30 lakhs, stood at ₹28,688.27 lakhs against ₹27,306.76 lakhs in the previous year. Net profit for FY26 came in at ₹2,018.49 lakhs, compared to ₹1,882.25 lakhs in FY25. The following table summarises the key financial results (₹ in Lakhs, except EPS):

Half-Year Performance

For the half year ended March 31, 2026, the company reported revenue from operations of ₹13,917.53 lakhs and a net profit of ₹727.59 lakhs. This compares to revenue of ₹13,822.76 lakhs and net profit of ₹669.37 lakhs for the half year ended March 31, 2025. The half year ended September 30, 2025 (unaudited) recorded revenue from operations of ₹13,922.44 lakhs and net profit of ₹1,290.91 lakhs.

Balance Sheet Highlights

As at March 31, 2026, total assets stood at ₹24,708.70 lakhs, up significantly from ₹14,630.73 lakhs as at March 31, 2025. Shareholders' funds increased to ₹16,408.68 lakhs from ₹8,844.51 lakhs, reflecting growth in reserves and surplus to ₹14,357.14 lakhs from ₹7,226.97 lakhs. Cash and bank balances rose sharply to ₹6,837.88 lakhs from ₹344.61 lakhs in the prior year, partly attributable to IPO proceeds.

IPO Proceeds and Utilisation

The company completed an initial public offering (IPO) of 43,40,000 equity shares of face value ₹10/- each, fully paid up, at a price of ₹141/- per equity share (including share premium of ₹131/- per equity share), aggregating to ₹6,119.40 lakhs. The equity shares were listed on the NSE Emerge Platform on September 30, 2025. As at the reporting date, utilisation of IPO proceeds stood as follows:

The capital expenditure allocation of ₹5,000.00 lakhs towards construction of building, mechanical and electrical works, and procurement of plant and machinery for a new manufacturing facility at Ahmedabad remains fully pending utilisation.

Cash Flow Summary

For the year ended March 31, 2026, net cash inflow from operating activities was ₹180.71 lakhs, compared to a net cash outflow of ₹498.16 lakhs in FY25. Net cash outflow from investing activities was ₹966.24 lakhs, while net cash inflow from financing activities was ₹7,278.81 lakhs, which included proceeds from the IPO of ₹5,545.68 lakhs and proceeds from borrowings of ₹2,001.58 lakhs. The closing cash balance stood at ₹6,837.88 lakhs against an opening balance of ₹344.61 lakhs.

Additional Disclosures

The company recognised an employee benefit expense impact of ₹15.14 lakhs during the half year and year ended March 31, 2026, on account of the four unified labour codes made effective from November 21, 2025. The company operates in a single business segment. There were no investor complaints pending, received, disposed of, or unresolved during the year ended March 31, 2026. Paid-up equity share capital as at March 31, 2026 stood at ₹2,051.54 lakhs (face value ₹10 per share).

Ecoline Exim Limited has notified the National Stock Exchange of India of two related corporate developments: the resignation of Mr. Nitesh Agrawal from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), and the establishment of a new corporate office address. Both intimations, dated May 9, 2026, were filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Corporate Office Established

The company has established its corporate office at a new address with effect from May 9, 2026. The registered office address of the company remains unchanged. The key details of the office addresses are summarised below:

CFO Resignation Details

Mr. Nitesh Agrawal submitted his resignation letter on May 08, 2026, citing the proposed relocation of the company's corporate office as the primary reason. He confirmed that the new location would significantly increase his daily commute, making it challenging to continue discharging his responsibilities effectively. He further confirmed that there is no other material reason for his resignation beyond the above.

The following table summarises the key details of the change in Key Managerial Personnel as disclosed under Regulation 30 of the Listing Regulations:

Regulatory Implications

With effect from the close of business hours on June 06, 2026, Mr. Agrawal will cease to be the CFO and Key Managerial Personnel of Ecoline Exim Limited. He will also cease to be the Key Managerial Personnel authorised for the purpose of determining the materiality of an event or information and for making disclosures to stock exchanges in terms of Regulation 30 of the Listing Regulations. Mr. Agrawal noted in his resignation letter that he would ensure a smooth transition of duties and provide all necessary support for the handover of responsibilities during the notice period.

Disclosure and Compliance

Both intimations have been made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosures were signed and submitted by Sonum Jain, Company Secretary and Compliance Officer (Membership No. A54135), on behalf of Ecoline Exim Limited. The company has also uploaded the intimations on its official website at www.ecoline.net.in .