Innovators Façade Systems has re-appointed M/s. K. C. Shah & Associates as its Internal Auditors for the financial year 2026-27. The Board of Directors approved the re-appointment during a meeting held on August 6, 2026, ensuring continuity in the company’s internal audit framework for the upcoming fiscal period.

The decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The Board meeting commenced at 4:00 p.m. and concluded at 4:30 p.m. on August 6, 2026.

M/s. K. C. Shah & Associates is a firm of Chartered Accountants holding Firm Registration No. 159487W. The firm provides a range of services including Audit and Assurance, Internal Audit, Taxation, Business Consulting, Statutory Compliance, Business Valuation, Secretarial Services, Accounting & MIS, Financial Services, Payroll Processing, and RERA Consultancy.

Re-appointment Details

The following table outlines the key details of the re-appointment as disclosed in the filing:

Nitin Vinayak Kore, Company Secretary and Compliance Officer (Mem No. A37732), signed the disclosure submitted to BSE Limited. The filing confirms that there are no disclosed relationships between the directors and the appointed audit firm.

Innovators Façade Systems reported a revenue of ₹22,751.51 lakh for the financial year ended March 31, 2026, with a net profit of ₹1,345.93 lakh. The company achieved a significant milestone in its order book, which reached an all-time high of approximately ₹74,102 lakh as of March 31, 2026, driven by a 134.05% year-on-year growth in new work orders to ₹57,179 lakh in FY26. The board approved the audited standalone and consolidated financial results for the second half and full year on May 30, 2026.

Operational Performance

Revenue for H2-2026 increased by 34.09% to ₹14,391.29 lakh compared to ₹10,732.28 lakh in H2-2025. This growth was attributed to the normalization of project execution activities and progress across key ongoing projects, which had previously experienced delays due to design approval timelines and site readiness in H1-2026. However, EBITDA margins for H2-2026 stood at 12.17%, down from 16.35% in the corresponding period of the previous year, impacted by project mix, increased raw material prices, and higher employee benefit expenses undertaken to strengthen operational capabilities.

Order Book and New Wins

The company secured new work orders worth approximately ₹36,809 lakh in H2-2026, a growth of 80.70% compared to ₹20,370 lakh in H1-2026. For the full financial year 2025-26, new order bookings totaled ₹57,179 lakh against ₹24,430 lakh in FY 2024-25. Additionally, after the year ended March 31, 2026, the company received new work orders of approximately ₹18,306 lakh. The management stated that the overall business outlook remains positive, supported by a healthy order book and improved execution momentum.

Financial Results

The standalone financial results show a total income of ₹23,047.93 lakh for FY26, compared to ₹22,459.18 lakh in the previous year. Total expenses for the period stood at ₹21,166.27 lakh, up from ₹20,342.15 lakh in FY25. The profit before tax for the year was ₹1,881.66 lakh, while the net profit was ₹1,345.93 lakh. Basic earnings per share (EPS) for the year were recorded at ₹7.13. Statutory auditors M/s. DMKH & Co. expressed an unmodified opinion on the financial statements.

Consolidated Performance

On a consolidated basis, the company reported a total income of ₹23,047.93 lakh for FY26. Total expenses were ₹21,170.65 lakh, leading to a profit before tax of ₹1,892.67 lakh. The net profit for the year after tax was ₹1,356.94 lakh. The consolidated results include the financial performance of subsidiaries and associates, with Innovators Engineering Works Private Limited identified as a subsidiary and Innovators Contracting Works Private Limited as an associate of a subsidiary.