Innovators Facade Systems Ltd

Innovators Facade Systems Ltd announced the re-appointment of M/s. K. C. Shah & Associates as the company's Internal Auditors for the Financial Year 2026-27. The decision was made during the Board of Directors meeting held on Thursday, August 6, 2026. The auditors, a Chartered Accountants firm with registration number 159487W, will conduct the internal audit for the specified financial year. The firm offers a range of services including Audit and Assurance, Taxation, Business Consulting, and Secretarial Services.

Innovators Facade Systems Ltd announced the re-appointment of M/s. K. C. Shah & Associates as the company's Internal Auditors for the Financial Year 2026-27. This decision was approved by the Board of Directors during their meeting held on August 6, 2026. The firm, K. C. Shah & Associates, is a Chartered Accountant firm with registration number 159487W, specializing in audit and assurance, internal audit, taxation, business consulting, and other financial services. The re-appointment is effective for the entire FY 2026-27.

Innovators Facade Systems Ltd has received a penalty order of ₹1,67,077 from the Goods and Service Tax Department, Karnataka. The penalty is related to a GST audit for the period FY 2018-19 to FY 2022-23. The company is currently evaluating the order and considering appropriate actions, including potential appeals. Management believes the penalty will not have a material impact on the company's financials, operations, or other activities.

Innovators Façade Systems Ltd reported a 34.09% revenue increase in H2-2026, reaching ₹14,391.29 lakhs compared to ₹10,732.28 lakhs in H2-2025. EBITDA margins stood at 12.17% against 16.35% in the previous year. The company secured new work orders worth approximately ₹36,809 lakhs in H2-2026, marking an 80.70% growth from H1-2026. The current order book reached an all-time high of approximately ₹74,102 lakhs as of March 31, 2026. New work orders received in FY 2025-26 totaled ₹57,179 lakhs, a 134.05% YoY increase.

Innovators Facade Systems Ltd has released its standalone and consolidated audited financial results for the half year and financial year ended March 31, 2026. The audit report, conducted by DMKH & Co., Chartered Accountants, expresses an unmodified opinion on the company's financial results. The results are compliant with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Innovators Facade Systems Ltd has released its standalone and consolidated audited financial results for the half year and financial year ended March 31, 2026. The results, along with the Independent Auditors’ Report, were submitted to the BSE. The audit report issued by DMKH & Co., Chartered Accountants, contains an unmodified opinion on the company's financial results.

Innovators Facade Systems Ltd's Board of Directors approved the standalone and consolidated audited financial results for the second half and year ended March 31, 2026, during their meeting held on May 30, 2026. The statutory auditors, DMKH & Co., Chartered Accountants, issued an unmodified opinion on the audited financial results. The board meeting commenced at 2:00 P.M. and concluded at 3:30 P.M.

Innovators Facade Systems Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the standalone and consolidated audited financial results for the second half year and financial year ended March 31, 2026. The trading window, which was closed on April 1, 2026, will reopen 48 hours after the declaration of these financial results.

Innovators Facade Systems Ltd has received an order worth ₹84.84 Crores (excluding taxes) from Reliance Industries Limited for the Design, Supply and Installation of Facade works for the Anant Vilas Project in BKC, Mumbai. The order confirmation was received via email on May 4, 2026, and the formal work order is under finalization. The project is expected to be completed within 1 year from the work order date.

Innovators Facade Systems Ltd has secured a Letter of Award from Lodha Developers Limited for facade works at the Lodha Worli Sea Face Project in Mumbai. The order, valued at ₹76.82 Crores (excluding taxes), involves the design, supply, and installation of facade works for the project's tower and clubhouse. The estimated completion period for this domestic contract is two years. The company confirmed that there is no promoter/promoter group interest in the awarding entity, nor does the transaction fall under related party transactions. This significant order is expected to contribute to the company's revenue pipeline over the next two years.