Indo Cotspin Ltd has closed its trading window for designated persons, connected persons, and their immediate relatives effective from July 1, 2026. The window will remain shut until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This measure is implemented to comply with the SEBI (Prohibition of Insider Trading) Regulations 2015 and the company's internal Code of Conduct for Prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information (UPSI).

The restriction applies to all individuals classified as Designated Persons or Connected Persons under the company's codes. The closure ensures compliance with regulatory standards aimed at preventing insider trading during the period leading up to financial results disclosure. The company stated that the specific date for the board meeting to consider and declare the unaudited financial results for the quarter ended June 30, 2026, will be communicated later.

Key Details

The intimation was submitted to BSE Limited on June 22, 2026, by Raj Pal Aggarwal, Whole-time Director of Indo Cotspin Ltd.

The Board of Directors of Indo Cotspin Limited convened a meeting on Tuesday, May 12, 2026, at its registered office in Panipat, Haryana, and approved the standalone audited financial results for the quarter and year ended March 31, 2026, in compliance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 03:00 P.M. and concluded at 03:40 P.M. The results were reviewed by the Audit Committee prior to being taken on record by the Board. Statutory auditors Dinesh Kumar Goel & Co., Chartered Accountants, Panipat, issued an unmodified audit opinion on the financial statements. Subsequently, pursuant to Regulation 30 and 47(3) read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements of the financial results on May 13, 2026, in "Financial Express" (English, national daily) and "Jansatta" (Hindi, regional), with the results also hosted on the company's website.

Financial Performance Overview

Indo Cotspin's revenue from operations for FY26 was ₹2,461.23 lakhs, a marginal decline compared to ₹2,493.82 lakhs in FY25. Total revenue, including other income of ₹0.62 lakhs, stood at ₹2,461.85 lakhs for FY26, against ₹2,528.42 lakhs in the previous year. The company reported a pre-tax profit of ₹1.14 lakhs for FY26, significantly lower than ₹56.08 lakhs in FY25. After accounting for tax expenses, Indo Cotspin recorded a net loss of ₹0.87 lakhs for FY26, compared to a net profit of ₹40.05 lakhs in FY25.

The following table presents the key financial metrics for the year and the latest quarter:

Expense Breakdown

Total expenses for FY26 amounted to ₹2,460.71 lakhs compared to ₹2,472.34 lakhs in FY25. The key expense components for FY26 were as follows:

• Cost of materials consumed: ₹1,602.93 lakhs (FY25: ₹1,195.00 lakhs)
• Purchase of stock-in-trade: ₹521.43 lakhs (FY25: ₹936.16 lakhs)
• Changes in inventories: ₹(6.98) lakhs (FY25: ₹16.62 lakhs)
• Employee benefits expense: ₹61.64 lakhs (FY25: ₹49.70 lakhs)
• Finance cost: ₹5.75 lakhs (FY25: ₹0.58 lakhs)
• Depreciation and amortisation: ₹48.50 lakhs (FY25: ₹55.55 lakhs)
• Other expenses: ₹227.44 lakhs (FY25: ₹218.73 lakhs)

Balance Sheet Highlights

Total assets of Indo Cotspin grew to ₹1,138.31 lakhs as at March 31, 2026, from ₹774.19 lakhs as at March 31, 2025. The increase was primarily driven by a rise in property, plant and equipment from ₹257.54 lakhs to ₹588.10 lakhs. Total non-current assets stood at ₹611.67 lakhs, up from ₹283.16 lakhs in the previous year, while total current assets increased to ₹526.64 lakhs from ₹491.03 lakhs.

The paid-up equity share capital remained unchanged at ₹714.08 lakhs, with a face value of ₹10.00 per share. Total equity stood at ₹724.21 lakhs as at March 31, 2026, compared to ₹725.08 lakhs in the previous year.

Cash Flow Summary

For the year ended March 31, 2026, net cash from operating activities was ₹313.43 lakhs, a significant improvement from a net cash outflow of ₹(76.44) lakhs in FY25. Net cash used in investing activities was ₹(395.87) lakhs for FY26, compared to a net inflow of ₹9.89 lakhs in FY25, reflecting substantial capital expenditure including investment in building (₹289.79 lakhs) and purchase of solar panels (₹66.10 lakhs). Net cash from financing activities was ₹60.41 lakhs for FY26, driven by proceeds from a loan of ₹66.16 lakhs. Cash and cash equivalents at the end of FY26 stood at ₹84.79 lakhs, compared to ₹106.82 lakhs at the beginning of the year.

Auditor's Opinion and Compliance

The statutory auditors, Dinesh Kumar Goel & Co., Chartered Accountants (Firm Regd. No. 011027N), issued an unmodified opinion on the standalone annual audited financial statements for the year ended March 31, 2026. The auditors confirmed that the company's internal financial controls over financial reporting were adequate and operating effectively in all material respects as at March 31, 2026. The company was also found to be in compliance with Corporate Governance conditions as stipulated under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No instances of fraud, no defaulting on repayment of dues, and no cash losses were reported during the year.