INDO RAMA SYNTHETICS (INDIA) LTD.

Indo Rama Synthetics (India) Ltd announced its unaudited financial results for the second quarter and half year ended September 30, 2026. The company reported a strong performance with Profit After Tax (PAT) surging by 201.8% year-on-year to ₹74.1 crore in Q2 FY27, compared to ₹24.6 crore in Q2 FY26. Total income grew by 10.0% YoY to ₹1,344.0 crore. EBITDA also saw a significant increase of 46.4% YoY to ₹117.7 crore, with EBITDA margins expanding to 8.8% from 6.6%. For the half year ended H1 FY27, PAT rose by 78.3% YoY to ₹137.8 crore, and total income stood at ₹2,284.2 crore. The company plans to invest approximately ₹200 crore over the next 12-18 months to diversify into specialty fibre and filament products.

Indo Rama Synthetics (India) Ltd announced its unaudited financial results for the second quarter and half year ended September 30, 2026. The company reported a strong performance with Q2 FY27 revenue growing 10.0% year-on-year to ₹1,344.0 crore and Profit After Tax (PAT) surging by 201.8% year-on-year to ₹74.1 crore. EBITDA also saw a significant increase of 46.4% YoY to ₹117.7 crore, with EBITDA margins expanding to 8.8% from 6.6% in the prior year quarter. For the half-year ended H1 FY27, total income stood at ₹2,284.2 crore, while PAT grew by 78.3% YoY to ₹137.8 crore. The company plans to invest approximately ₹200 crore over the next 12-18 months to diversify into specialty fiber and filament products, aiming to broaden its product portfolio and support sustainable growth.

Indo Rama Synthetics (India) Ltd announced that its Board of Directors has approved an expansion plan of approximately INR 200 Crores. This investment will be directed towards capex for speciality filament and speciality fibre production at its Butibori Plant in Nagpur, Maharashtra. The expansion will also involve its wholly owned material subsidiary, Indorama Ventures Yarns Private Limited (IVYPL). Commercial operations are estimated to commence within the next 12-18 months. The projects will be financed through term loans, supplemented by internal accruals.

Indo Rama Synthetics' consolidated net profit for Q2 FY27 (quarter ended 30 September 2026) came in at ₹74.08 Cr, up 202% YoY from ₹24.55 Cr in Q2 FY26, on consolidated revenue of ₹1,340.64 Cr (+9.8% YoY). Standalone PAT was ₹55.05 Cr, up 139% YoY on revenue of ₹1,248.33 Cr (+7.0% YoY) — standalone profit growth trails the consolidated number by roughly 60 percentage points, meaning the four subsidiaries (Indorama Ventures Yarns, Indorama Yarns, Indorama Sustainable Polymers, Indorama Sustainable Polyester Yarns) drove a disproportionate share of the group's profit gain this quarter. Both bases were already profitable a year ago, so this is a margin-led acceleration rather than a loss-to-profit turnaround. The gain is margin-driven: consolidated operating margin (EBITDA excluding other income, over revenue) expanded to ~8.5% from 5.6% a year ago, and net margin to ~5.5% from 2.0% — consistent with the industry-wide polyester-spread recovery flagged in our pre-result preview. But the spread did not fully hold sequentially: Q1 FY27 had posted a sharper OPM of ~10.8% and NPM of 6.8%, so margins cooled from that peak even as a 43% QoQ revenue jump (festive-season volume pickup) diluted rather than improved the margin profile. Standalone EBITDA of ₹93.1 Cr and NPM of ~4.4% both came in below the ₹100–120 Cr EBITDA / 6–7% NPM band we flagged pre-result, while standalone revenue of ₹1,248 Cr beat the ₹880–950 Cr expected range — a beat on volume, a miss on the margin question that was the central watch item going in. There is no tracked analyst consensus for this stock — coverage is thin, as flagged pre-result (no analyst ratings in the prior three months) — so the vs-street read here is judged against our own preview range rather than a published estimate; management has issued no formal FY27 or H2 guidance on record, and no press release beyond the regulatory filing was available to cross-check management's own framing of the quarter. H1 FY27 consolidated revenue is still down 9.9% YoY at ₹2,277 Cr, dragged by a weak Q1 (revenue had fallen sharply that quarter), even as H1 PAT rose 78% YoY to ₹137.8 Cr — underscoring that the YoY profit recovery across the half is margin-driven, not volume-driven. During the quarter the promoter bought 4,14,796 shares (10 September 2026) alongside a stock-price-movement clarification filing, and the company closed its trading window on 28 September ahead of today's board meeting; neither development carries a quantifiable P&L link disclosed in this filing.

Indo Rama Synthetics (India) Ltd has announced that its Board of Directors will convene on October 16, 2026. The primary agenda item is to consider and approve the un-audited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. In line with SEBI regulations, the trading window for company securities will be closed from October 1, 2026, to October 18, 2026, for designated persons.

Indo Rama Synthetics (India) Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut effective from October 1, 2026, and will reopen 48 hours after the announcement of the un-audited financial results for the second quarter and six months ending September 30, 2026. The date of the board meeting to approve these results will be communicated separately. The company's website will also host this information.

Indo Rama Synthetics (India) Ltd has responded to a clarification request from the stock exchange regarding recent price movement in its shares. The company stated that it is in compliance with SEBI regulations and has promptly informed the exchange of all material events. They confirmed there is no undisclosed price-sensitive information or impending corporate action that would impact the share price. The company attributes the recent volume behavior to market conditions and assures continued compliance with disclosure norms.

Indo Rama Synthetics (India) Ltd has filed a disclosure under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Mrs. Urmila Lohia, a Promoter of the company, purchased 4,14,796 equity shares from the open market on September 9, 2026. This transaction is in compliance with insider trading regulations. The company has made this information available on its website.

Indo Rama Synthetics (India) Ltd has announced its 40th Annual General Meeting (AGM) scheduled for Tuesday, September 8, 2026, at 11:30 AM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The company has submitted the Notice of the AGM and the Annual Report for the financial year 2025-26, along with the Business Responsibility and Sustainability Report and a letter to shareholders. The cut-off date for e-voting is September 1, 2026, with remote e-voting available from September 5 to September 7, 2026. CS Jaya Yadav has been appointed as the scrutinizer.

Indo Rama Synthetics (India) Ltd has announced the fixation of Tuesday, September 1, 2026, as the cut-off date for determining the entitlement of members to cast their votes electronically for the upcoming 40th Annual General Meeting (AGM). The AGM is scheduled to be held on Tuesday, September 8, 2026, at 11:30 AM IST, through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). This announcement is made pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.