International Conveyors Limited has confirmed that its promoters, along with members of the promoter group and persons acting in concert, did not encumber any shares held by the company during the financial year ended March 31, 2026. The declaration ensures that the shareholding structure remains free of liens or charges, providing stability to the company's equity base. This disclosure was filed with the National Stock Exchange of India Ltd and BSE Ltd on April 06, 2026.

Regulatory Disclosure

The confirmation was provided in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted by I G E (India) Private Limited on behalf of all promoters of International Conveyors Limited . The regulation requires periodic disclosures regarding the encumbrance status of shares held by promoters to ensure transparency in the market.

The letter, signed by Director Arpit Tapadia, was addressed to the Listing Department of the NSE and the Department of Corporate Services at the BSE. It explicitly stated that no encumbrance was made directly or indirectly on the shares held by the promoters during the specified financial year. Copies of the communication were also sent to the members of the Audit Committee and the Company Secretary of International Conveyors Limited.

International Conveyors Ltd has released its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial statements at its meeting held on May 20, 2026. The statutory auditors, M/s G. P. Agrawal & Co., provided an unmodified opinion on the results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q4 Performance

International Conveyors delivered a strong quarterly performance in Q4, with consolidated net profit rising to Rs 76.25 crore from Rs 13.03 crore in the same quarter of the previous year. Revenue for the quarter surged to Rs 970.30 lakh from Rs 441.82 lakh year-on-year. On a standalone basis, net profit for the quarter was Rs 5.11 crore, compared to Rs 68.08 crore in the corresponding period last year, while revenue from operations increased to Rs 966.30 lakh from Rs 440.82 lakh.

The following table summarises the key Q4 metrics:

Annual Financial Performance

For the full financial year ended March 31, 2026, the company reported a consolidated net profit of Rs 29.88 crore, compared to Rs 13.03 crore in the previous year. Total consolidated revenue for the year stood at Rs 204.60 crore, up from Rs 44.18 crore in FY25. On a standalone basis, the company reported a net loss of Rs 3.22 crore for the year, compared to a net profit of Rs 68.08 crore in the corresponding period last year, while revenue from operations decreased to Rs 203.65 crore from Rs 440.82 crore.

Operational Highlights

The company's Conveyor Belts segment remained the primary revenue driver, contributing Rs 173.41 crore to the consolidated revenue for the year. The Trading Goods segment reported revenue of Rs 37.79 crore. During the year, the company allotted 4,02,000 shares under the ICL Employee Stock Option Plan 2020, increasing the paid-up share capital. Additionally, International Conveyors Australia Pty. Ltd. became a direct subsidiary following an acquisition.

Auditor and Governance

M/s G. P. Agrawal & Co., Chartered Accountants, audited the financial results and confirmed compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board also re-appointed M/s Lodha & Co. LLP as the internal auditors for the financial year 2026-27.