Integrated Filing — IndAS



General information about company

Scrip Code 517380
NSE Symbol IGARASHI
MSEI Symbol NOTLISTED
ISIN INE188B01013
Name of company IGARASHI MOTORS INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 11-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 11-02-2026   11:00:00
End date and time of board meeting 11-02-2026   12:50:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not applicable during the third quarter ended December 31, 2025.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 21,609.35 63,995.02
Other income 8.33 102.61
Total income 21,617.68 64,097.63
2 Expenses
(a) Cost of materials consumed 13,795.38 41,010.21
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 474.03 606.90
(d) Employee benefit expense 2,201.55 6,476.21
(e) Finance costs 208.92 851.26
(f) Depreciation, depletion and amortisation expense 1,416.67 4,221.64
(f) Other Expenses
1 Other expenses 3,099.08 9,555.52
Total other expenses 3,099.08 9,555.52
Total expenses 21,195.63 62,721.74
3 Total profit before exceptional items and tax 422.05 1,375.89
4 Exceptional items 0.00 0.00
5 Total profit before tax 422.05 1,375.89
6 Tax expense
7 Current tax 79.11 331.40
8 Deferred tax (7.45) (10.68)
9 Total tax expenses 71.66 320.72
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 350.39 1,055.17
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 350.39 1,055.17
17 Other comprehensive income net of taxes (39.45) (38.65)
18 Total Comprehensive Income for the period 310.94 1,016.52
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 3,147.50 3,147.50
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.11 3.35
Diluted earnings (loss) per share from continuing operations 1.11 3.35
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.11 3.35
Diluted earnings (loss) per share from continuing and discontinued operations 1.11 3.35
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to the unaudited Financial Results for the quarter and nine months ended 31 December 2025: a.The unaudited financial results for the quarter and nine months ended 31 December 2025 has been reviewed by the Audit Committee at its meeting held on 11 February 2026 and approved at the meeting of the Board of Directors held on that date. The above results have been subjected to limited review by the Statutory auditors of the Company. The report of the statutory auditor is unqualified. b.These financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard ('Ind AS') 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. c. In accordance with Ind AS 108 - Operating Segments, the Company has organized the business into two categories viz, manufacture of components for 'Automotive' and 'Non-Automotive'. Accordingly, the Company has reported its segmental results for these categories. d. The Central Government has notified the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020, collectively referred to as the 'New Labour Codes', effective from November 21, 2025. Based on its assessment and best information available, the Company has recorded the incremental impact of INR 71.95 lakhs as Employee benefits expense during the quarter and nine months ended December 31, 2025. The Company continues to monitor the developments on finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effects on the basis of such developments as needed. e. The Company does not have any subsidiary/associate/joint venture company(ies) as on 31 December 2025. f. The results are available on the Bombay Stock Exchange website (www.bseindia.com), the National Stock Exchange website (www.nseindia.com) and on the Company's website (www.igarashimotors.com).



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Automotive 19,431.39 56,216.66
2 Non-automotive 2,177.96 7,778.36
Total Segment Revenue 21,609.35 63,995.02
Less: Inter segment revenue
Revenue from operations 21,609.35 63,995.02
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Automotive 2,657.47 7,774.65
2 Non-automotive (155.47) (75.34)
Total Profit before tax 2,502.00 7,699.31
i. Finance cost 208.92 851.26
ii. Other Unallocable Expenditure net off Unallocable income 1,871.03 5,472.16
Profit before tax 422.05 1,375.89
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Automotive 64,977.52 64,977.52
2 Non-automotive 10,786.94 10,786.94
Total Segment Asset 75,764.46 75,764.46
Un-allocable Assets 3,576.20 3,576.20
Net Segment Asset 79,340.66 79,340.66
4 Segment Liabilities
Segment Liabilities
1 Automotive 14,440.11 14,440.11
2 Non-automotive 2,011.88 2,011.88
Total Segment Liabilities 16,451.99 16,451.99
Un-allocable Liabilities 16,103.91 16,103.91
Net Segment Liabilities 32,555.90 32,555.90
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit liability (53.32) 41.14
Total Amount of items that will not be reclassified to profit and loss (53.32) 41.14
2 Income tax relating to items that will not be reclassified to profit or loss (13.42) 10.35
3 Amount of items that will be reclassified to profit and loss
1 Effective portion of gains / (losses) on hedging instruments in cash flow hedges 0.61 (92.79)
Total Amount of items that will be reclassified to profit and loss 0.61 (92.79)
4 Income tax relating to items that will be reclassified to profit or loss 0.16 (23.35)
5 Total Other comprehensive income (39.45) (38.65)