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.

Indo cotspin Limited has scheduled a board meeting for Tuesday, May 12, 2026, to review and approve its financial results for the fourth quarter of fiscal year 2025. The company informed BSE Limited about the meeting through a formal intimation dated May 2, 2026, in compliance with regulatory requirements.

Meeting Details and Agenda

The board meeting will be held at the company's registered office located at Delhi Milestone 78 K.M, NH-44, opposite Village Jhattipur, opposite ICD Jhattipur, Panipat, Haryana, India, 132103. The meeting has been convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items

The board will consider and approve the following matters:

• Standalone Audited Financial Results: Review and approval of audited financial results along with auditor report for the quarter and year ended March 31, 2025
• Additional Matters: Consideration of any other business matters with the permission of the Chair that are incidental and ancillary to the company's operations

Trading Window Restrictions

The company has implemented trading window restrictions in accordance with insider trading regulations. The trading window for directors, promoters, designated employees, and connected persons has been closed since April 1, 2026, following an earlier intimation dated March 26, 2026.

The trading window will reopen for company insiders after 48 hours following the declaration of the financial results.

Company Information

Indo Cotspin Limited, incorporated in 1995, operates from its registered office in Panipat, Haryana. The company is listed on BSE with scrip code 538838 and trades under the symbol ICL. The intimation was signed by Raj Pal Aggarwal, Whole Time Director, on behalf of the company.