IMSL Integrated Master Securities Pvt Ltd

	BSE	NSE
Last Price()	18,873.90 Sep 18,2026 EOD	18,858.00 Sep 18,2026 EOD
Today's Change( )	1,068.55 (6.00%)	1,057.00 (5.94%)
Open( )	17,818.70	17,800.00
Prev Close( )	17,805.35	17,801.00
Volume	15,948.00	271,798.00
Today's Range( )	19,054.00 - 17,754.95	19,080.00 - 17,745.00
52-Week Range( )	19,054.00 - 6,800.00	19,080.00 - 6,801.00
Buy (Size)	N.A	N.A
Sell (Size)	N.A	18,858.00(×165)

Company Background


Incorporation Year	1989
Registered Office	301 Panorama Complex,R C Dutt Road, Vadodara, Gujarat-390007
Telephone	91-265-2339906
Fax	91-265-2330309
Chairman	Kushal N Desai
Managing Director	Kushal N Desai
Company Secretary	Sanjaya Kunder
Auditor	C N K & Associates LLP
Face Value	10
Market Lot	1
Listing	BSE,MSEI ,NSEBSE,MSEI ,NSE
Registrar	Link Intime India Pvt Ltd B-102&103 Shangrila,Complex First Floor,Akota,Vadodara - 390 020

Board of Directors


Chairman / Executive Director / MD / CEO	Kushal N Desai
ED / MD / Promoter	C N Desai
NINE Director / WTD / Promoter	Rishabh K Desai
Independent Non Exe. Director	NIRUPA KIRAN BHATT Rajesh Sehgal KAUSHAL JAYSINGH SAMPAT Pitamber Shivnani
Company Sec. & Compli. Officer	Sanjaya Kunder

Balance Sheet

Particulars (Sources Of Funds)	Mar 2026 ( Cr)	Mar 2025 ( Cr)	Mar 2024 ( Cr)	Mar 2023 ( Cr)	Mar 2022 ( Cr)	Mar 2021 ( Cr)
Share Capital	40.17	40.17	40.17	38.27	38.27	38.27
Reserves Total	5121.68	4251.71	3655.55	2021.23	1546.83	1257.81
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	5161.85	4291.88	3695.72	2059.50	1585.10	1296.08
Secured Loans	655.96	424.99	401.21	209.89	239.81	212.33
Unsecured Loans	252.96	114.56	19.92	115.06	53.11	33.80
Total Debt	908.92	539.55	421.13	324.95	292.92	246.13
Other Liabilities	34.30	23.67	27.36	20.84	15.32	11.96
Total Liabilities	6105.07	4855.10	4144.21	2405.29	1893.34	1554.17
APPLICATION OF FUNDS :
Gross Block	2344.81	2071.54	1617.10	1276.25	1133.57	1058.33
Less : Accumulated Depreciation	771.61	670.95	573.67	483.08	401.33	325.21
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	1573.20	1400.59	1043.43	793.17	732.24	733.12
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	513.27	125.18	122.38	99.31	37.16	28.71
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	54.31	215.93	9.95	55.57	31.67	61.67
Current Assets, Loans & Advances
Inventories	3987.36	3163.10	2642.66	2460.75	1991.55	1479.01
Sundry Debtors	5277.85	3961.51	3726.05	2987.44	2423.31	1791.49
Cash and Bank Balance	680.32	713.84	620.66	438.96	255.90	198.85
Loans and Advances	892.25	926.57	707.48	623.79	567.20	316.96
Total Current Assets	10837.78	8765.02	7696.85	6510.94	5237.96	3786.31
Less : Current Liabilities and Provisions
Current Liabilities	7041.16	5883.33	4747.79	5138.15	4195.69	3067.89
Provisions	55.23	29.76	97.09	39.46	14.83	13.33
Total Current Liabilities & Provisions	7096.39	5913.09	4844.88	5177.61	4210.52	3081.22
Net Current Assets	3741.39	2851.93	2851.97	1333.33	1027.44	705.09
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	0.00	0.00	40.75	19.90	14.60	20.47
Deferred Tax Liability	28.22	3.21	41.89	41.85	67.11	40.78
Net Deferred Tax	-28.22	-3.21	-1.14	-21.95	-52.51	-20.31
Other Assets	251.12	264.68	117.62	145.86	117.34	45.89
Total Assets	6105.07	4855.10	4144.21	2405.29	1893.34	1554.17
Contingent Liabilities	22.57	70.81	790.85	875.33	535.54	326.28

Profit and Loss

Particulars(INCOME)	Mar 2026 ( Cr)	Mar 2025 ( Cr)	Mar 2024 ( Cr)	Mar 2023 ( Cr)	Mar 2022 ( Cr)	Mar 2021 ( Cr)
Sales Turnover	21996.57	17552.26	15109.28	13152.55	8592.33	5960.82
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	21996.57	17552.26	15109.28	13152.55	8592.33	5960.82
Other Income	71.18	86.83	88.77	42.84	37.09	22.12
Stock Adjustments	644.59	234.76	135.61	350.49	323.37	-39.09
Total Income	22712.34	17873.85	15333.66	13545.88	8952.79	5943.85
EXPENDITURE :
Raw Materials	17980.57	14105.93	11752.05	10420.51	6980.23	4452.70
Power & Fuel Cost	231.76	203.44	159.06	126.20	89.29	77.76
Employee Cost	387.12	309.64	268.03	205.71	160.16	150.43
Other Manufacturing Expenses	596.71	524.06	492.05	382.22	483.86	407.34
Selling & Administrative Expenses	1439.52	994.23	920.04	1072.31	589.46	377.18
Miscellaneous Expenses	170.04	121.71	135.32	114.32	84.82	60.97
Less : Pre-operative Expenses Capitalised	0.00	0.00	0.00	0.00	0.00	0.00
Total Expenditure	20805.72	16259.01	13726.55	12321.27	8387.82	5526.38
Operating Profit	1906.62	1614.84	1607.11	1224.61	564.97	417.47
Interest	457.00	422.53	405.13	323.08	162.64	147.90
Gross Profit	1449.62	1192.31	1201.98	901.53	402.33	269.57
Depreciation	148.02	119.49	102.57	91.94	86.73	84.87
Profit Before Tax	1301.60	1072.82	1099.41	809.59	315.60	184.70
Tax	327.97	279.60	286.62	213.66	80.66	51.95
Fringe Benefit tax	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax	-0.28	-0.45	-10.49	-6.73	1.34	-4.07
Reported Net Profit	973.91	793.67	823.28	602.66	233.60	136.82
Extraordinary Items	-26.01	6.50	5.10	0.11	5.65	1.11
Adjusted Net Profit	999.92	787.17	818.18	602.55	227.95	135.71
Adjustment below Net Profit	0.00	0.00	0.00	0.00	0.00	-14.01
P & L Balance brought forward	2676.45	2087.64	1417.43	932.17	758.93	636.10
Statutory Appropriations	0.00	0.00	0.00	0.00	0.00	0.00
Appropriations	204.86	204.86	153.07	117.40	60.36	0.00
P & L Balance carried down	3445.50	2676.45	2087.64	1417.43	932.17	758.91
Dividend	0.00	0.00	0.00	0.00	0.00	0.00
Preference Dividend	0.00	0.00	0.00	0.00	0.00	0.00
Equity Dividend %	600.00	510.00	510.00	400.00	150.00	95.00
Dividend Per Share(Rs)	60.00	51.00	51.00	40.00	15.00	9.50
Earnings Per Share-Unit Curr	242.45	197.58	204.95	157.48	61.04	35.75
Earnings Per Share(Adj)-Unit Curr	242.45	197.58	204.95	157.48	61.04	35.75
Book Value-Unit Curr	1285.00	1068.43	920.02	538.15	414.19	338.67
Book Value(Adj)-Unit Curr	1285.00	1068.43	920.02	538.15	414.19	338.67

Quarterly Results

Quarters :

Particulars	Jun 2026 ( Cr)	Mar 2026 ( Cr)	Dec 2025 ( Cr)
Gross Sales	6452.91	6430.83	5172.91
Other Operating Income	24.44	30.15	18.67
Other Income	33.71	21.43	9.36
Total Income	6511.06	6482.41	5200.94
Total Expenditure	5736.65	5978.72	4780.68
PBIDT	774.41	503.69	420.26
Interest	121.53	133.58	101.21
PBDT	652.88	370.11	319.05
Depreciation	42.11	38.95	37.37
Tax	181.55	75.93	74.36
Fringe Benefit Tax	0.00	0.00	0.00
Deferred Tax	-23.83	0.71	-0.29
Reported Profit After Tax	453.05	254.52	207.61
Extra-ordinary Items	0.00	-5.99	-18.09
Adjusted Profit After Extra-ordinary item	453.05	260.51	225.70
EPS (Unit Curr.)	112.79	63.36	51.68
EPS (Adj) (Unit Curr.)	112.79	63.36	51.68
Calculated EPS (Unit Curr.)	112.78	63.36	51.68
Calculated EPS (Adj) (Unit Curr.)	112.78	63.36	51.68
Calculated EPS (Ann.) (Unit Curr.)	451.13	253.44	206.73
Calculated EPS (Adj) (Ann.) (Unit Curr.)	451.13	253.44	206.73
Book Value (Unit Curr.)	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00
Equity	40.17	40.17	40.17
Reserve & Surplus	0.00	0.00	0.00
Face Value	10.00	10.00	10.00
Public Shareholding (No. Of Shares)	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00
Pledged/Encumbered - No. of Shares	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00
Non Encumbered - No. of Shares	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00
PBIDTM(%)	12.00	7.83	8.12
PBDTM(%)	10.12	5.76	6.17
PATM(%)	7.02	3.96	4.01

Financial Ratios

Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Debt-Equity Ratio	0.15	0.12	0.13	0.17	0.19
Long Term Debt-Equity Ratio	0.09	0.09	0.09	0.10	0.14
Current Ratio	1.44	1.49	1.38	1.21	1.20
Fixed Assets	9.96	9.52	10.44	10.92	7.84
Inventory	6.15	6.05	5.92	5.91	4.95
Debtors	4.76	4.57	4.50	4.86	4.08
Interest Cover Ratio	3.85	3.54	3.71	3.51	2.94
PBIDTM (%)	8.67	9.20	10.64	9.31	6.58
PBITM (%)	7.99	8.52	9.96	8.61	5.57
PBDTM (%)	6.59	6.79	7.96	6.85	4.68
CPM (%)	5.10	5.20	6.13	5.28	3.73
APATM (%)	4.43	4.52	5.45	4.58	2.72
ROCE (%)	32.09	33.23	45.94	52.70	27.74
RONW (%)	20.60	19.87	28.61	33.07	16.22

Share Price

Year	High ()	Low ()	Close ()	P/E High	P/E Low	P/E Close	Mkt Cap.( In Cr.)
Aug 2026	18,432.40	14,350.00	17,704.45	75.79	56.09	74.14	74,132.67
Jul 2026	15,927.45	13,287.65	14,363.55	69.80	50.53	57.72	57,718.09
Jun 2026	17,148.00	12,500.00	15,691.70	70.81	47.36	63.05	63,040.20
May 2026	13,590.00	11,860.05	13,092.30	55.16	45.85	52.60	52,597.31
Apr 2026	12,850.00	9,290.15	12,332.40	53.79	35.24	49.54	49,537.17
Mar 2026	11,250.00	8,867.85	9,875.35	47.59	34.61	39.67	39,667.62
Feb 2026	11,641.75	7,745.25	11,178.20	61.87	37.97	57.04	44,900.95
Jan 2026	8,459.35	6,800.00	7,997.80	43.84	33.90	40.81	32,125.81
Share Prices Of 2025
Dec 2025	9,221.15	8,350.00	8,367.80	48.29	42.46	42.70	33,612.04
Nov 2025	9,448.00	8,166.00	9,150.80	49.78	39.79	46.70	36,757.22
Oct 2025	9,599.45	8,122.20	8,664.15	50.84	40.97	44.21	34,802.43
Sep 2025	8,989.00	7,705.20	8,198.40	46.11	38.84	41.84	32,931.59
Aug 2025	9,071.65	7,695.00	7,730.15	46.82	39.09	39.45	31,050.71
Jul 2025	9,900.00	8,464.35	8,905.25	51.77	42.43	45.44	35,770.89
Jun 2025	9,050.00	7,639.00	8,708.60	49.54	38.33	44.44	34,980.98
May 2025	8,399.95	5,300.50	8,114.85	43.77	24.88	41.41	32,595.99
Apr 2025	5,690.55	4,270.00	5,599.50	29.50	18.71	28.57	22,492.25
Mar 2025	6,396.30	5,285.85	5,537.60	36.74	26.80	28.26	22,243.61
Feb 2025	7,796.25	5,595.05	5,802.55	40.38	26.49	28.49	23,307.87
Jan 2025	11,797.35	6,690.00	7,477.20	63.51	30.24	36.71	30,034.65

Risk Disclosure on Derivatives

ATTENTION INVESTORS

ATTENTION INVESTORS

ATTENTION INVESTORS

	303, New Delhi House, 27, Barakhamba Road, New Delhi-110001. CIN No. U74899DL1995PTC070418
	011-43074307-30 \| Fax: 011-43074315
Compliance Officers: Mr. Pravin Kumar Sinha (NSE, BSE & MCX)
	011-43074317
	compliance@integratedmaster.com
Mr. Gopal Singh Kathayat (CDSL & NSDL)
	011-43074310
	dp@integratedmaster.com
	Investor Grievance (IG): suggestions@integratedmaster.com