BSEBoard Meeting2d ago · 5 Nov 2026, 01:33 pm

Pursuant to Regulation 33 read with Regulation 30, Schedule III, Part A (4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed a statement of un-audited Financial Results for the second quarter and half year ended on September 30, 2026 as per IndAS which was taken on record by the Board of Directors at their meeting held on November 05, 2026 (today). The Board of Directors have approved the ....

Igarashi Motors India Ltd · 517380

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Igarashi Motors India Ltd has announced its un-audited financial results for the second quarter and half year ended September 30, 2026, with the Board of Directors approving the limited review report. The company's revenue from operations was Rs. 25,543.10 lakhs for the quarter and Rs. 50,629.92 lakhs for the half year, with a net profit of Rs. 639.13 lakhs for the quarter and Rs. 1,315.82 lakhs for the half year.

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Growth Catalyst2/10
Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment5/10

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Igarashi Motors India Ltd - 517380 - Board Meeting Outcome for Submission Of Un-Audited Financial Results For The Second Quarter And Half Ended September 30, 2026

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IMIL//BM/Q2/FR/1126 November 05, 2026 By Online Submission Bombay Stock Exchange Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, 5th Floor ,Plot No.C/1, G-Block, Rotunda Building, P J Towers, BandraKurla Complex, Bandra (East), Dalal Street, Fort, Mumbai 400 051 Mumbai 400 001 Stock Code : IGARASHI Stock Code : 517380 Attn: Compliance Department Dear Sir/ Madam, Sub: Submission of Un-Audited Financial Results for the second quarter and half ended September 30, 2026-reg Ref: Regulation 33 & read with Regulation 30, Schedule III, Part A (4) SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 33 read with Regulation 30, Schedule III, Part A (4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed a statement of un-audited Financial Results for the second quarter and half year ended on September 30, 2026 as per IndAS which was taken on record by the Board of Directors at their meeting held on November 05, 2026 (today). The Board of Directors have approved the limited review report at their meeting held on November 05, 2026 for the second quarter and half year ended on September 30, 2026. We therefore enclose a copy of the limited review report issued by B S R & Co. LLP, the Statutory Auditors of the Company. The Meeting commenced at 11:30 Hours (IST) and concluded at 13:15 Hours (IST). We are arranging to have un-audited financial results published in the newspapers. You are requested to take note of the above. The said financial results shall also be available on Company’s website at www.igarashimotors.com and also on Stock Exchange’s website at www.bseindia.com and www.nseindia.com Yours faithfully For Igarashi Motors India Limited P Dinakara Babu Company Secretary & Compliance Officer Encl: as above IGARASHI MOTORS INDIA LIMITED Reg. Off & Plant 1: Plot B12 to B15, Phase II, MEPZ-SEZ, Tambaram, Chennai- 600 045, India CIN : L29142TN1992PLC021997, e-mail: investorservices@igarashimotors.co.in, Website: www.igarashimotors.com Tell: +91-44-42298199/22628199 IGARASHI MOTORS INDIA LIMITED Regd. Office: Plot No. B-12 to B-15, Phase II, MEPZ-SEZ, Tambaram, Chennai -600 045, India CIN: L29142TNI992PLC021997 Website: www.igarashimotors.com, Phone No: +91-44-42298199 Statement ofuaudited financial results for the quarter and half year ended JO September 2026 (Rs. in lakhs except per equity share data) S.no Particulars Ouarter ended Half Year ended Year ended JO-Sep-26 JO-Jun-26 JO-Sep-25 JO-Sep-26 JO-Sep-25 Jl-Mar-26 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income a) Revenue from operations 25,543 IO 25,086.82 21,914.42 50,629.92 42,385.67 86,591.89 b) Other income 32.79 96.90 14.16 129.69 94.28 178.00 Toi.al income 25,575.89 25.183.72 21.928.58 50,759.61 42,479.95 86,769.89 2 Expenses a) Cost of materials consumed 17,281.92 16,477 96 14,117.19 33,759.88 27,214.83 56,818.01 b) Changes in inventories of finished goods and (286.72) 387.95 (145.99) 101.23 132.87 (186 08) work-in-progress c) Employee benefit expense 2,432.97 2,342.94 2,208.76 4,775.91 4,274.66 8,700.27 d) Finance costs 267 27 262.53 325,65 529.80 642.34 1,099.71 e) Depreciation and amortisation expense 1,592.85 1,570.39 1,417.59 3,163.24 2,804.97 5,700.10 f) Other expenses 3,470.44 3,426.23 3,387,77 6,896,67 6.456.44 12.986 51 Toi.al expenses 24,758.73 24,468.00 21,310.97 49.226.73 41.526.11 85.118.52 3 Profit before tax 817.16 715.72 617.61 1,532.88 953.84 1,651.37 4 Income tax -Current tax (refer noted) 183.23 43.59 165.87 226 82 252.29 560.37 -Deferred tax (5.20) (4.56) (2.07) (9.76) (3.23) (123.66) Income tax expense I78.03 39.03 163.80 217.06 249.06 436.71 5 Profit for the period I year (3 -4) 639.13 676.69 453.81 1.315.82 704.78 l,214.66 6 Orhcr comprehensive income (OCI) A. Items that will not be subsequently reclassified to profit or loss Remeasurement> of defined benefit liability 71.95 32.38 31.58 104.33 94.46 45.51 Income tax relating to items that will not be reclassified (18.11) (8 15) (7 94) (26 26) (23.77) ( 11.45) to profit or loss B. Items that will be subsequently reclassified to profit or loss Effective portion of gains I (losses) on hedging 18.86 194.64 (102.37) 213.50 (93 40) (473.09) instruments in cash flow hedges Income tax relating to items that will be reclassified to (04) (48,99) 25.77 (53.73) 23.51 119.07 profit or loss Other comprehensive income/ (loss) for the period I 67.96 169.88 (52.96) 237.84 0.80 (319.96) year, net of income tax 7 Total comprehensive income for the period I year 707.09 846.57 400.85 1,553.66 705.58 894.70 (5 + 6) 8 Paid up equity share capital (Face value of Rs. I 0 each) 3, 147.50 3,147.50 3,147.50 3,147.50 3,147.50 3,147.50 9 Reserves i.e. Other Equity 43,515.44 10 Earnings per share (Rs.) (Not annualised in the quarters) (i) Basic 2.03 2.15 1.44 4. 18 2.24 3.86 (ii) Diluted 2.03 2,15 1.44 4.18 2.24 3.86 See accompanying notes to the financial results Page I of 4 IGARASHI MOTORS INDIA LIMITED Regd. Office: Plot No. B-12 to B-15, Phase II, MEPZ-SEZ, Tambaram, Chennai -600 045, India CIN: L29142TN1992PLC021997 Website: www.igarashimotors.com, Phone No: +91-44-42298199 Statement of Assets and Liabilities as at 30 September 2026 (Rs in lakhs) S.no Particulars As at 30-Sen-2026 As at 31-Mar-2026 <Unaudited) (Audited) A Assets I Non-current assets a) Property, plant and equipment 40,532.99 39,489.85 b) Capital work-in-progress 3,507.16 5,013.14 c) Right-of-use assets 816.18 1,135.31 d) Intangible assets 775.22 627.67 e) Intangible assets under development 101.22 288.68 f) Financial assets Investments 247.89 126.05 Loans 50.00 63.91 Other financial assets 505.37 489.50 g) Other tax assets (net) 368.54 359.06 h) Other non-current assets 327.43 52.04 Total non-current assets 47,232.00 47,645.21 2 Current assets a) Inventories 12,279.57 11,690.06 b) Financial assets Trade receivables 22,683.00 21,622.54 Cash and cash equivalents 1,575.35 311.03 Bank balances other than cash and cash equivalents 17.95 16.61 Loans 26.78 18.00 Other financial assets 126.50 126.50 c) Other current assets 1,939.83 l.999.37 Total current assets 38,648.98 35,784.11 Total assets (1+2) 85.880.98 83.429.32 B Equity and liabilities I Equity a) Equity share capital 3, 147.50 3,147.50 b) Other equity 44,659.92 43.515.44 Total equity 47,807.42 46,662.94 Liabilities 2 Non-current liabilities a) Financial liabilities Borrowings 2,420.71 1,724.48 Lease liabilities 285.85 763.84 Other financial liabilities 43.41 54.64 b) Deferred tax liabilities (net) 1,738.91 1,668.67 Total non-current liabilities 4,488.88 4,211.63 3 Current liabilities a) Financial liabilities Borrowings 11,982.17 11,176.37 Lease 1i abil ities 890.10 804.23 Trade payables Total outstanding dues of micro enterprises and small enterprises; and 1,221.69 1,510.35 Total outstanding dues of creditors other than micro enterprises and small enterprises 15,672.53 14,861.27 Other financial liabilities 958.20 1,169.54 b) Other current liabilities 1,818.86 1,714.61 c) Provisions 1.041.13 1.318.38 Total current liabilities 33,584.68 32,554.75 Total liabilities (2+3) 38,073.56 36,766.38 Total equity and liabilities (1 +2+3) 85,880.98 83.429.32 See accompanying notes to the financial results Page2 of4 IGARASHI MOTORS INDIA LIMITED Regd. Office: Plot No. 8-12 to 8-15, Phase H, MEPZ-SEZ, Tambaram, Chennai -600 045, India CIN: L29142TN1992PLC021997 Website: www.igarashimotors.com, Phone No: +91-44-42298199 Statement of Cash Flows for the period ended 30 September 2026 (Rs. in lakhs) Particulars Half Year Ended 30-Sep-26 30-Sep-25 (Unaudited) (Unaudited) Cash flow from operating activities Profit for the year 1,315.82 704.78 Adjustments for: Depreciation and amortization expense 3, 163.24 2,804.97 Provision for loss allowance for expected credit losses 49.46 - Unrealised foreign exchange loss 27.04 211.17 Net gain on sale of property, plant and equipment. - (2.07) [Showing first 8,000 characters — download PDF for full document]