Icon Facilitators secures Rs 42.88 lakh order from Cyient

1 min read     Updated on 10 Jun 2026, 05:21 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Icon Facilitators Limited received an order worth Rs. 42,88,680 from Cyient Limited for housekeeping and technical manpower services at a Noida SEZ facility. The 12-month contract is a domestic transaction and is not a related party transaction.

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Icon Facilitators Limited has secured a new order worth Rs. 42,88,680 from Cyient Limited for providing housekeeping and technical manpower services. The contract, awarded under Regulation 30 of the SEBI Listing Regulations, covers operations at Plot No. 7, Noida Special Economic Zone (NSEZ), Phase II, Noida-Dadri Road, Noida, Uttar Pradesh. The agreement is valid for a period of 12 months, marking a significant addition to the company's service portfolio in the current fiscal year.

The order was formalized pursuant to a Master Service Agreement between icon facilitators and Cyient Limited. The disclosure confirms that the transaction is with a domestic entity and does not fall under related party transactions. Furthermore, none of the promoters of Icon Facilitators Limited have any interest in the entity awarding the contract.

Contract Details

The filing submitted to BSE Limited outlined the specific financial and operational parameters of the agreement. The total consideration for the contract is fixed, and the execution timeline is set for one year from the commencement date.

Particulars Details
Client Cyient Limited
Nature of Service Housekeeping and Technical Manpower Services
Location Plot No. 7, NSEZ, Phase II, Noida, Uttar Pradesh
Contract Value Rs. 42,88,680
Duration 12 months
Entity Type Domestic

The disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/P/0155 dated November 11, 2024, and subsequent circulars. Pooja, Company Secretary & Compliance Officer of Icon Facilitators Limited, authenticated the filing submitted on June 10, 2026.

Historical Stock Returns for Icon Facilitators

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+26.35%+0.17%+43.44%-18.63%-18.63%

What is the expected revenue contribution of this contract to Icon Facilitators' total turnover for the current fiscal year?

Does this contract indicate a strategic shift towards expanding technical manpower services within the Special Economic Zone?

What are the prospects for contract renewal or expansion beyond the initial 12-month period?

Icon Facilitators reports FY26 net profit of ₹435.38 lakh

1 min read     Updated on 25 May 2026, 11:54 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Icon Facilitators reported a net profit of ₹435.38 lakh for FY26, with revenue rising to ₹6,424.27 lakh. The board approved the audited results and appointed an internal auditor.

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Icon Facilitators reported a net profit of ₹435.38 lakh for the financial year ended March 31, 2026, with revenue from operations increasing to ₹6,424.27 lakh. The company's board approved the audited standalone financial results for the year and half-year ended March 31, 2026, during a meeting held on May 25, 2026. The statutory auditors issued an un-modified opinion on the financial results.

For the year ended March 31, 2026, the company's total income stood at ₹6,448.12 lakh, compared to ₹5,806.55 lakh in the previous year. Total expenses for the year were ₹5,852.33 lakh, up from ₹5,203.87 lakh in FY25. The profit before tax for the year was ₹595.79 lakh. The basic earnings per share for FY26 were reported at ₹5.93.

The board appointed M/s Priyansh Singhal & Associates, Practicing Chartered Accountant, as the internal auditor for the financial year 2026-27. Additionally, the company provided a statement confirming no deviation in the utilization of proceeds from its Initial Public Offer (IPO), which was listed on the BSE SME platform on July 1, 2025.

Financial Performance for FY26

The following table outlines the audited financial results for Icon Facilitators Limited for the year ended March 31, 2026:

Particulars Year Ended 31 March 2026 (Audited) Year Ended 31 March 2025 (Audited)
Revenue from Operations 6,424.27 5,806.39
Other Income 23.85 0.16
Total Income 6,448.12 5,806.55
Total Expenses 5,852.33 5,203.87
Profit Before Tax 595.79 602.68
Net Profit 435.38 447.04
Basic Earnings Per Share 5.93 172.10

IPO Fund Utilization

The company raised ₹19.11 crore through its IPO. As of March 31, 2026, the company had utilized ₹13.74 crore of the net proceeds, primarily for working capital requirements. The unutilized amount of ₹425.56 lakh has been temporarily deployed in fixed deposits. There was no deviation in the use of funds compared to the objects stated in the offer documents.

Historical Stock Returns for Icon Facilitators

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+26.35%+0.17%+43.44%-18.63%-18.63%

How does Icon Facilitators plan to deploy the remaining ₹425.56 lakh in unutilized IPO proceeds to drive future growth?

What strategies will the company implement to reverse the decline in net profit compared to the previous fiscal year?

Will the increase in revenue from operations be sustained into FY27, and what are the primary growth drivers?

More News on Icon Facilitators

1 Year Returns:-18.63%