ISL Consulting Ltd

Auditor change

• Change type: Resignation of statutory auditor.
• Auditor: M/s Maak & Associates, Chartered Accountants (Firm Reg. No. 135024W).
• Effective date: Resignation effective 18 August 2026.
• Reason: Pre-occupations with other professional assignments and time constraints.
• Original appointment: 25-09-2025; term expiry: 24-09-2030.
• Brief profile: Not Applicable.
• Disclosure of relationship with directors: Not applicable.
• No other material reason for resignation beyond those stated.
• Impact on governance/compliance: No stated impact on board/committee composition.

Financial results

• Un-audited standalone results for quarter ended 30 June 2026 approved.
• Limited Review Report on results issued with unmodified opinion.

Dematerialisation processing and listing

• Dematerialisation requests processed; securities listed on exchanges where previously listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name updated as registered owner within prescribed timelines.

Internal auditor appointment

• M/s. Nishit P Shah & Co appointed as internal auditor.
• Effective May 29, 2026, for financial year 2026-27.
• Firm is a chartered accountancy practice focused on internal audit and controls.
• Profile notes experience in income tax, finance, Ind AS, and internal control systems.
• No relationship with directors disclosed.

FY26 standalone results

• 📊 Revenue from operations fell 24.1% YoY to Rs 1,857.81 lakh.
• 📊 Total income declined 24.0% YoY to Rs 1,863.85 lakh.
• 📊 EBITDA was negative; total expenses exceeded income by Rs 204.24 lakh.
• 📊 PBT was a loss of Rs 204.24 lakh versus Rs 172.92 lakh last year.
• 📊 PAT was a loss of Rs 204.52 lakh versus Rs 173.11 lakh last year.
• 📊 Q4 FY26 revenue was Rs 426.98 lakh, down 39.8% YoY.
• 📊 Q4 FY26 PAT was a loss of Rs 282.18 lakh versus Rs 156.07 lakh loss last year.
• 📊 EPS was negative for FY26; basic and diluted loss per share were Rs 0.85.

Cost structure

• 📊 Purchases of stock-in-trade were Rs 1,893.28 lakh, the largest expense line.
• 📊 Inventory changes contributed Rs 87.92 lakh in FY26.
• 📊 Employee benefits expense was Rs 66.70 lakh in FY26.
• 📊 Finance costs were negligible at Rs 0.001 lakh for FY26.
• 📊 Other expenses rose to Rs 28.41 lakh from Rs 10.97 lakh.

Balance sheet and cash

• 📊 Total assets were Rs 1,098.24 lakh at 31 March 2026.
• 📊 Inventories were Rs 670.38 lakh and trade receivables Rs 229.36 lakh.
• 📊 Cash and cash equivalents increased to Rs 30.76 lakh from Rs 9.26 lakh.
• 📊 Equity was Rs 1,096.73 lakh, with other equity at negative Rs 103.27 lakh.
• 📊 No borrowings were outstanding at year-end.

Cash flow

• 📊 Operating cash flow was negative Rs 35.65 lakh in FY26.
• 📊 Investing cash flow benefited from Rs 35.86 lakh reduction in non-current investments.
• 📊 Cash and cash equivalents rose by Rs 21.23 lakh during the year.

Audit and governance

• 📍 Auditors issued an unmodified opinion on the standalone FY26 results.
• 📍 Board approved the audited standalone financial results on 29 May 2026.
• 📍 Nishit P Shah & Co was appointed internal auditor for FY27.
• 📍 Related party transactions for H2 FY26 were reviewed and approved.

Business model

• 🗒️ The company reports standalone financials only in this filing.
• 🗒️ The document does not describe any segmental revenue disclosure.
• 🗒️ The filing includes remuneration transactions with the managing director, CFO, and company secretary.