Integrated Filing — IndAS



General information about company

Scrip Code 531241
NSE Symbol LINC
MSEI Symbol NOTLISTED
ISIN INE802B01027
Name of company LINC 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 Consolidated
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 Single segment
Description of single segment Writing Instruments and Stationery
Start date and time of board meeting 11-02-2026   16:30:00
End date and time of board meeting 11-02-2026   18:30:00
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



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 Consolidated Consolidated
1 Income
Revenue from operations 12,928.72 40,533.57
Other income 222.25 573.13
Total income 13,150.97 41,106.70
2 Expenses
(a) Cost of materials consumed 2,743.53 8,499.41
(b) Purchases of stock-in-trade 5,121.07 16,692.56
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (37.75) (518.95)
(d) Employee benefit expense 2,258.19 6,524.79
(e) Finance costs 77.98 226.53
(f) Depreciation, depletion and amortisation expense 386.82 1,137.21
(f) Other Expenses
1 Other Expenses 1,554.13 5,165.00
Total other expenses 1,554.13 5,165.00
Total expenses 12,103.97 37,726.55
3 Total profit before exceptional items and tax 1,047.00 3,380.15
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,047.00 3,380.15
6 Tax expense
7 Current tax 292.00 929.00
8 Deferred tax (19.74) (71.90)
9 Total tax expenses 272.26 857.10
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 774.74 2,523.05
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 (83.09) (280.73)
16 Total profit (loss) for period 691.65 2,242.32
17 Other comprehensive income net of taxes 43.55 (11.34)
18 Total Comprehensive Income for the period 735.20 2,230.98
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 677.37 2,228.27
Total profit or loss, attributable to non-controlling interests 14.28 14.05
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 720.92 2,216.93
Total comprehensive income for the period attributable to owners of parent non-controlling interests 14.28 14.05
21 Details of equity share capital
Paid-up equity share capital 2,974.46 2,974.46
Face value of equity share capital 5 5
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 1.15 3.75
Diluted earnings (loss) per share from continuing operations 1.15 3.75
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 1.15 3.75
Diluted earnings (loss) per share from continuing and discontinued operations 1.15 3.75
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) 1. The aforementioned consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 11th February, 2026. Limited Review of these results as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been completed by the Statutory Auditors. 2. These consolidated financial results have been prepared in accordance with Indian Accounting Standards (Ind AS), prescribed under section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rule, 2015 and relevant amendments thereafter. 3. On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group has assessed and disclosed the incremental impact of these changes on the basis of the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. The incremental impact, based on actuarial valuation of gratuity and long-term compensated absences aggregating to Rs.87.78 lakhs primarily arising due to change in wage definition has been accounted under Employee benefit expenses in the consolidated financial results for the period ended December 31, 2025. The Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code including the contract workforce and would provide appropriate accounting effect on the basis of such developments as needed. 4. The Group’s business activity falls within a single reportable operating segment i.e. Writing Instruments and Stationery, hence has only one reportable operating segment as per IND AS 108-Operating Segments. 5. The Holding company had received a demand order dated January 31, 2025 towards short payment of Goods & Services Tax (GST) amounting to Rs.353.39 lakhs and Penalty amounting to Rs.353.39 lakhs plus applicable interest with respect to HSN classification of pen refills and other components. The company has contested this demand, filing an appeal against the order on March 23, 2025. Based on advice from taxation expert, the Company believes that it has strong case on merits and hence no provision has been made there against. 6. (a) The Consolidated Financial Results includes the financial results/financial information of the Parent and following entities: -Gelx Industries Limited, Kenya (Subsidiary) - Linc On Ecommerce Pvt. Ltd. (Subsidiary) (w.e.f 8th July 2025) - Morris Linc Pvt Ltd. (Joint Venture till 3rd November 2025 and Subsidiary w.e.f 4th November 2025) - Silka Linc Kirtasiye Urunleri Sanayi Anonim Sirketi (Joint Venture) - Uni Linc India Pvt Ltd. (Joint Venture) (b) Pursuant to third amendment to the Joint Venture Agreement dated 4th November, 2025 between Linc Limited and Morris Co. Limited, Linc Limited shall exercise control over the erstwhile Joint Venture company, M/s Morris Linc Private Limited and accordingly be considered as the Holding Company w.e.f 4th November, 2025 in terms of IND AS 110 - Consolidated Financial Statements. The consolidated financial results for the period ended 31st December, 2025 have been prepared after taking impact of the above.



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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified subsiquently to profit or loss net of tax 42.44 23.26
Total Amount of items that will not be reclassified to profit and loss 42.44 23.26
2 Income tax relating to items that will not be reclassified to profit or loss 10.66 5.85
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (11.77) 28.75
5 Total Other comprehensive income 43.55 (11.34)