INDO SMC Ltd Reports Strong FY26 Financial Performance

INDO SMC Ltd has announced its audited standalone financial results for the fiscal year ending March 31, 2026. The company reported significant growth, with revenue from operations reaching ₹309.74 crore and net profit at ₹32.38 crore.

Key Financial Highlights

• FY26 Revenue: ₹309.74 crore (up from ₹138.69 crore in FY25)
• FY26 Net Profit: ₹32.38 crore (up from ₹16.83 crore in FY25)
• Unutilized IPO Proceeds: ₹49.54 crore as of March 31, 2026

Corporate Governance Update

The company's board also approved the appointment of M/s. Sunil Mulchandani & Associates as the Secretarial Auditor. This appointment is proposed for a five-year term, from FY 2025-26 through FY 2029-30, and will require shareholder approval at the upcoming Annual General Meeting.

Investor Focus: IPO Funds and Future Growth

INDO SMC had previously raised ₹91.95 crore through an Initial Public Offering (IPO). As of the end of FY26, a substantial ₹49.54 crore of these funds remains unutilized, held in fixed deposits and a bank account. Investors will be keen to see the company's strategy for deploying these funds to drive future expansion and growth.

Performance Snapshot

These audited figures demonstrate a substantial increase in both revenue and profitability compared to the previous fiscal year. The results provide a clearer view of the company's operational scale and financial health for investors assessing its performance.

What to Watch Next

Investors will be closely monitoring the upcoming Annual General Meeting for shareholder approval of the Secretarial Auditor appointment. Equally important will be any future communications or strategic plans from INDO SMC regarding the effective utilization of its significant unutilized IPO proceeds.