Integrated Filing — IndAS



General information about company

Scrip Code 509709
NSE Symbol INTLCONV
MSEI Symbol NOTLISTED
ISIN INE575C01027
Name of company INTERNATIONAL CONVEYORS 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 20-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 20-05-2026   14:00:00
End date and time of board meeting 20-05-2026   16:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 9,703.00 21,313.00
Other income (1,045.00) 5,877.00
Total income 8,658.00 27,190.00
2 Expenses
(a) Cost of materials consumed 2,754.00 8,813.00
(b) Purchases of stock-in-trade 2,744.00 3,661.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 533.00 (638.00)
(d) Employee benefit expense 366.00 1,180.00
(e) Finance costs 184.00 843.00
(f) Depreciation, depletion and amortisation expense 40.00 157.00
(f) Other Expenses
1 Other Expenses 1,443.00 4,275.00
Total other expenses 1,443.00 4,275.00
Total expenses 8,064.00 18,291.00
3 Total profit before exceptional items and tax 594.00 8,899.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 594.00 8,899.00
6 Tax expense
7 Current tax 678.00 1,400.00
8 Deferred tax (483.00) 661.00
9 Total tax expenses 195.00 2,061.00
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 399.00 6,838.00
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 399.00 6,838.00
17 Other comprehensive income net of taxes (128.00) (188.00)
18 Total Comprehensive Income for the period 271.00 6,650.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 399.00 6,838.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 271.00 6,650.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 638.00 638.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.63 10.77
Diluted earnings (loss) per share from continuing operations 0.63 10.74
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 0.63 10.77
Diluted earnings (loss) per share from continuing and discontinued operations 0.63 10.74
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 above audited financial results have been reviewed by the Audit Committee and have been approved by Board of Directors at their respective meetings held on May 20, 2026. The statutory auditors, G. P. Agrawal & Co. have expressed an unmodified audit opinion on these results. 2. The Government of lndia has consolidated 29 existing labour legislations into a unified framework comprising four labour codes viz the Code on Wages, 2019, the Code on Social Security,2020, the lndustrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the Codes). The Codes have been made effective from 21st November, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQS to enable assessment of the financial impact due to changes in regulations. The incremental impact of these changes is not material and has been recognised in the standalone financial statements of the Company. Once Central/ State Rules are notified by the Government on all aspects of the Codes. the Company will evaluate impact, if any, on the measurement of employee benefits and would provide appropriate accounting treatment. 3. During the year under review, 4,02,000 shares were allotted under ICL Employee Stock Option Plan 2020 (ICL ESOP 2020). Pursuant to said allotment, total paid up share capital of the Company stands increased from 6,33,79,000 equity shares of Re. 1 each to 6,37,81,000 equity shares of Re. 1 each. By virtue of increase in paid up share capital, holding of M/s I.G.E (India) Pvt. Ltd. (IGE) has been reduced from 50.02% to 45.92%. However, along with the shareholding of subsidiaries of I.G.E. in the Company, it continues to be the Holding Company of the Company. 4. During the year Company acquire the entire equity share capital of International Conveyors Australia Pty. Ltd. (ICL Australia) from CHPL by investing AUD 540. Now ICL Australia is a direct subsidiary of the Company. 5. The figures for the 3 months ended 31.03.2026 and corresponding 3 months ended 31.03.2025 are the balancing figures between the audited figures in respect of the full financial year and the year to date figures upto the third quarter of the respective financial years. 6. List of subsidiaries, associate and joint venture as at March 31, 2026 are provided in the table below: Subsidiaries/Step-down Subsidiary Country of Incorporation Subsidiaries : International Belting Limited India International Conveyors America Limited, INC USA Conveyor Holdings Pte Limited (CHPL) Singapore International Conveyors Australia Pty Limited Australia



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,383.00
Capital work-in-progress 19.00
Investment property 0.00
Goodwill 101.00
Other intangible assets 26.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 5,092.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 388.00
Total of other non-current financial assets 388.00
Total non-current financial assets 5,480.00
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 30.00
Total of other non-current assets 30.00
Total non-current assets 7,039.00
2 Current assets
Inventories 2,714.00
Current financial asset
Current investments 27,659.00
Trade receivables, current 2,620.00
Cash and cash equivalents 939.00
Bank balance other than cash and cash equivalents 1,032.00
Loans, current 14,417.00
Other current financial assets
Total of other current financial assets 134.00
Total current financial assets 46,801.00
Current tax assets (net)
Other current assets
1 Other current assets 317.00
Total of other current assets 317.00
Total current assets 49,832.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 56,871.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 638.00
Other equity 41,795.00
Total equity attributable to owners of parent 42,433.00
Non controlling interest
Total equity 42,433.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 872.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 872.00
Provisions, non-current 57.00
Deferred tax liabilities (net) 2,939.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 445.00
Total of other non-current liabilities 445.00
Total non-current liabilities 4,313.00
Current liabilities
Current financial liabilities
Borrowings, current 6,439.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 148.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,664.00
Total Trade payable 2,812.00
Other current financial liabilities
1 Other current financial liabilities 6.00
Total of other current financial liabilities 6.00
Total current financial liabilities 9,257.00
Other current liabilities 863.00
1 Other current liabilities 863.00
Total of other current liabilities 863.00
Provisions, current 5.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 10,125.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 14,438.00
Total equity and liabilites 56,871.00
Disclosure of notes on assets and liabilities



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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Conveyor Belts 6,523.00 17,341.00
2 Wind Energy 0.00024 0.00161
3 Trading Goods 3,142.00 3,779.00
4 Investment 0.00 0.00
5 Unallocated 0.00019 0.00054
Total Segment Revenue 9,708.00 21,335.00
Less: Inter segment revenue 5.00 22.00
Revenue from operations 9,703.00 21,313.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Conveyor Belts 1,847.00 4,522.00
2 Wind Energy (6.00) 46.00
3 Trading Goods 107.00 220.00
4 Investment (999.00) 5,024.00
5 Unallocated 0.00 0.00
Total Profit before tax 949.00 9,812.00
i. Finance cost 43.00 170.00
ii. Other Unallocable Expenditure net off Unallocable income 312.00 743.00
Profit before tax 594.00 8,899.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Conveyor Belts 7,095.00 7,095.00
2 Wind Energy 281.00 281.00
3 Trading Goods 433.00 433.00
4 Investment 46,784.00 46,784.00
5 Unallocated 2,278.00 2,278.00
Total Segment Asset 56,871.00 56,871.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 56,871.00 56,871.00
4 Segment Liabilities
Segment Liabilities
1 Conveyor Belts 3,440.00 3,440.00
2 Wind Energy 59.00 59.00
3 Trading Goods 170.00 170.00
4 Investment 5,713.00 5,713.00
5 Unallocated 5,056.00 5,056.00
Total Segment Liabilities 14,438.00 14,438.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 14,438.00 14,438.00
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
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 to Profit or Loss (144.00) (219.00)
Total Amount of items that will not be reclassified to profit and loss (144.00) (219.00)
2 Income tax relating to items that will not be reclassified to profit or loss (16.00) (31.00)
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 0.00 0.00
5 Total Other comprehensive income (128.00) (188.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 8,899.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 843.00
Adjustments for decrease (increase) in inventories (783.00)
Adjustments for decrease (increase) in trade receivables, current (1,115.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 112.00
Adjustments for decrease (increase) in other non-current assets 3.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 1,264.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 490.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (6.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 157.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 3.00
Adjustments for provisions, non-current 23.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (17.00)
Adjustments for dividend income 202.00
Adjustments for interest income 1,513.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (3,328.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (14.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (4,083.00)
Net cash flows from (used in) operations 4,816.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,365.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 3,451.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 15,401.00
Other cash payments to acquire equity or debt instruments of other entities 14,675.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 6.00
Purchase of property, plant and equipment 327.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 4,702.00
Cash receipts from repayment of advances and loans made to other parties 2,867.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 203.00
Interest received 1,474.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (740.00)
Net cash flows from (used in) investing activities (493.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 112.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 950.00
Repayments of borrowings 2,271.00
Payments of lease liabilities (23.00)
Dividends paid 475.00
Interest paid 886.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (2,547.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 411.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 411.00
Cash and cash equivalents cash flow statement at beginning of period 528.00
Cash and cash equivalents cash flow statement at end of period 939.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 G. P Agarwal & Co. Yes 31-12-2027