IMSL Integrated Master Securities Pvt Ltd

	BSE	NSE
Last Price()	1,939.25 Jul 24,2026 13:48:00	1,939.90 Jul 24,2026 13:44:56
Today's Change( )	-14.80 (-0.76%)	-14.10 (-0.72%)
Open( )	1,953.55	1,945.00
Prev Close( )	1,954.05	1,954.00
Volume	179,338.00	884,147.00
Today's Range( )	1,959.30 - 1,935.00	1,959.80 - 1,934.80
52-Week Range( )	1,966.75 - 1,547.25	1,966.50 - 1,548.00
Buy (Size)	1,940.40(×16)	1,939.90(×67)
Sell (Size)	1,941.10(×5)	1,940.00(×77)

Company Background


Incorporation Year	1993
Registered Office	Sun Pharma Advanced Res.Centre,Tandalja, Vadodara, Gujarat-390020
Telephone	91-265-6615500
Fax	91-265-2354897
Chairman	Dilip S Shanghvi
Managing Director	Dilip S Shanghvi
Company Secretary	ANOOP ANJANIKUMAR DESHPANDE
Auditor	S R B C & Co LLP
Face Value	1
Market Lot	1
Listing	BSE,MSEI ,NSEBSE,MSEI ,NSE
Registrar	MUFG Intime India Pvt Ltd C-101 247 Park,L B S Marg,Vikhroli West,Mumbai-400083

Board of Directors


Chairman / Executive Director / M D / Promoter	Dilip S Shanghvi
Executive Director & MD	Kirti Wardhaman Ganorkar
Lead Independent Non Executive Director	Pawan Goenka
Independent Non Exe. Director	Gautam Doshi Rolf Hoffmann
ED / WTD / CFO / Promoter	AALOK DILIP SHANGHVI
E D & Wholetime Director	Vidhi Shanghvi
Independent Non Exe. Director	Satyavati Berera Andreas Busch
Company Sec. & Compli. Officer	ANOOP ANJANIKUMAR DESHPANDE

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	239.93	239.93	239.93	239.93	239.93	239.93
Reserves Total	22130.83	23660.36	23454.47	23508.43	24348.02	26698.54
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	22370.76	23900.29	23694.40	23748.36	24587.95	26938.47
Secured Loans	0.00	0.00	0.00	0.00	0.00	5.41
Unsecured Loans	13604.73	11947.07	11226.91	7790.82	5074.04	7352.71
Total Debt	13604.73	11947.07	11226.91	7790.82	5074.04	7358.12
Other Liabilities	600.16	799.84	1722.96	1105.45	1016.38	1342.13
Total Liabilities	36575.65	36647.20	36644.27	32644.63	30678.37	35638.72
APPLICATION OF FUNDS :
Gross Block	20680.59	19199.84	18251.74	17744.68	17194.98	15812.29
Less : Accumulated Depreciation	13067.50	11827.41	10515.00	9033.01	7482.20	6143.50
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	7613.09	7372.43	7736.74	8711.67	9712.78	9668.79
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	899.39	1084.20	766.11	852.91	828.64	1090.38
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	12951.56	12410.11	12429.97	12613.24	15548.87	15537.20
Current Assets, Loans & Advances
Inventories	4302.27	3934.13	3423.62	3989.19	3403.74	3423.42
Sundry Debtors	10166.23	11701.54	8834.16	7125.02	4245.16	6585.24
Cash and Bank Balance	436.97	911.05	338.39	421.28	534.96	360.98
Loans and Advances	1773.25	2233.98	2316.37	4708.00	1326.85	2329.44
Total Current Assets	16678.72	18780.70	14912.54	16243.49	9510.71	12699.08
Less : Current Liabilities and Provisions
Current Liabilities	5340.12	6507.51	3811.44	7533.36	7524.56	6891.41
Provisions	1143.77	723.76	609.08	809.50	2562.55	1204.66
Total Current Liabilities & Provisions	6483.89	7231.27	4420.52	8342.86	10087.11	8096.07
Net Current Assets	10194.83	11549.43	10492.02	7900.63	-576.40	4603.01
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	1277.96	2053.68	1889.79	1982.84	1389.47	1969.40
Deferred Tax Liability	538.56	886.04	895.27	950.45	1065.43	631.95
Net Deferred Tax	739.40	1167.64	994.52	1032.39	324.04	1337.45
Other Assets	4177.38	3063.39	4224.91	1533.79	4840.44	3401.89
Total Assets	36575.65	36647.20	36644.27	32644.63	30678.37	35638.72
Contingent Liabilities	1326.93	1990.94	941.73	1087.40	1031.72	3083.04

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	20754.64	22977.40	20275.17	20812.14	15585.98	14116.05
Excise Duty	0.00	0.00	0.00	0.00	0.00	0.00
Net Sales	20754.64	22977.40	20275.17	20812.14	15585.98	14116.05
Other Income	1776.43	634.33	553.48	329.29	1196.88	192.07
Stock Adjustments	305.83	55.14	-180.32	237.93	183.18	179.64
Total Income	22836.90	23666.87	20648.33	21379.36	16966.04	14487.76
EXPENDITURE :
Raw Materials	5774.79	5776.32	5423.79	6292.09	5833.57	5287.12
Power & Fuel Cost	488.71	463.40	450.42	495.21	422.33	384.16
Employee Cost	2911.30	2691.31	2373.95	2156.95	2000.78	1805.98
Other Manufacturing Expenses	1434.36	1319.45	1195.30	1037.32	1064.32	862.12
Selling & Administrative Expenses	5137.65	5554.08	4754.86	4326.42	3514.05	3309.62
Miscellaneous Expenses	1036.41	645.47	615.66	3257.27	2086.08	479.24
Less : Pre-operative Expenses Capitalised	0.00	0.00	0.00	0.00	0.00	0.00
Total Expenditure	16783.22	16450.03	14813.98	17565.26	14921.13	12128.24
Operating Profit	6053.68	7216.84	5834.35	3814.10	2044.91	2359.52
Interest	947.84	953.89	784.08	472.18	388.10	267.52
Gross Profit	5105.84	6262.95	5050.27	3341.92	1656.81	2092.00
Depreciation	1311.72	1286.74	1600.62	1600.87	1349.95	1236.43
Profit Before Tax	3794.12	4976.21	3449.65	1741.05	306.86	855.57
Tax	1436.55	908.62	546.10	752.77	-553.58	244.91
Fringe Benefit tax	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax	-265.85	-160.49	45.37	-702.44	960.43	-231.74
Reported Net Profit	2623.42	4228.08	2858.18	1690.72	-99.99	842.40
Extraordinary Items	-321.25	10.25	-193.46	-2181.63	-1263.25	-63.64
Adjusted Net Profit	2944.67	4217.83	3051.64	3872.35	1163.26	906.04
Adjustment below Net Profit	-2.74	-397.14	-19.86	7.38	-14.53	2675.94
P & L Balance brought forward	12948.01	12731.04	12790.88	13612.08	15964.55	14005.27
Statutory Appropriations	0.00	0.00	0.00	0.00	0.00	0.00
Appropriations	-1209.60	3613.97	2898.16	2519.30	2237.95	1559.06
P & L Balance carried down	16778.29	12948.01	12731.04	12790.88	13612.08	15964.55
Dividend	2614.27	2414.30	0.00	0.00	0.00	0.00
Preference Dividend	0.00	0.00	0.00	0.00	0.00	0.00
Equity Dividend %	1600.00	1600.00	1350.00	1150.00	1000.00	750.00
Dividend Per Share(Rs)	16.00	16.00	13.50	11.50	10.00	7.50
Earnings Per Share-Unit Curr	10.93	17.62	11.91	7.05	-0.42	3.51
Earnings Per Share(Adj)-Unit Curr	10.93	17.62	11.91	7.05	-0.42	3.51
Book Value-Unit Curr	93.24	99.61	98.76	98.98	102.48	112.28
Book Value(Adj)-Unit Curr	93.24	99.61	98.76	98.98	102.48	112.28

Quarterly Results

Quarters :

Particulars	Mar 2026 ( Cr)	Dec 2025 ( Cr)	Sep 2025 ( Cr)
Gross Sales	4887.27	5651.21	4511.27
Other Operating Income	36.61	36.56	36.84
Other Income	62.93	179.90	72.79
Total Income	4986.81	5867.67	4620.90
Total Expenditure	3594.91	4187.87	3364.52
PBIDT	1391.90	1679.80	1256.38
Interest	216.92	244.17	248.33
PBDT	1174.98	1435.63	1008.05
Depreciation	325.97	338.53	336.30
Tax	240.31	391.66	107.53
Fringe Benefit Tax	0.00	0.00	0.00
Deferred Tax	0.00	0.00	0.00
Reported Profit After Tax	608.70	705.44	564.22
Extra-ordinary Items	0.00	-166.35	0.00
Adjusted Profit After Extra-ordinary item	608.70	871.79	564.22
EPS (Unit Curr.)	2.50	2.90	2.40
EPS (Adj) (Unit Curr.)	2.50	2.90	2.40
Calculated EPS (Unit Curr.)	2.54	2.94	2.35
Calculated EPS (Adj) (Unit Curr.)	2.54	2.94	2.35
Calculated EPS (Ann.) (Unit Curr.)	10.15	11.76	9.41
Calculated EPS (Adj) (Ann.) (Unit Curr.)	10.15	11.76	9.41
Book Value (Unit Curr.)	0.00	0.00	0.00
Dividend (%)	0.00	1100.00	0.00
Equity	239.93	239.93	239.93
Reserve & Surplus	0.00	0.00	0.00
Face Value	1.00	1.00	1.00
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(%)	28.48	29.72	27.85
PBDTM(%)	24.04	25.40	22.35
PATM(%)	12.45	12.48	12.51

Financial Ratios

Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Debt-Equity Ratio	0.55	0.49	0.40	0.27	0.24
Long Term Debt-Equity Ratio	0.31	0.26	0.40	0.27	0.20
Current Ratio	1.48	1.54	2.39	1.42	1.18
Fixed Assets	1.04	1.23	1.13	1.19	0.94
Inventory	5.04	6.25	5.47	5.63	4.57
Debtors	1.90	2.24	2.54	3.66	2.88
Interest Cover Ratio	5.59	6.22	5.40	10.90	6.39
PBIDTM (%)	31.85	31.41	28.78	32.43	24.56
PBITM (%)	25.53	25.81	20.88	24.73	15.90
PBDTM (%)	27.28	27.26	24.91	30.16	22.07
CPM (%)	20.51	24.00	21.99	23.82	0.08
APATM (%)	14.19	18.40	14.10	16.13	-8.58
ROCE (%)	14.47	16.18	12.22	16.26	7.47
RONW (%)	12.73	17.77	12.05	13.89	-5.19

Share Price

Year	High ()	Low ()	Close ()	P/E High	P/E Low	P/E Close	Mkt Cap.( In Cr.)
Jun 2026	1,901.70	1,757.75	1,862.70	108.66	96.89	104.53	446,924.12
May 2026	1,917.15	1,786.40	1,800.90	109.59	99.44	101.06	432,096.23
Apr 2026	1,815.00	1,614.20	1,808.20	102.24	90.26	101.47	433,847.75
Mar 2026	1,842.50	1,703.30	1,757.35	104.39	92.89	98.62	421,647.13
Feb 2026	1,791.90	1,590.10	1,738.10	100.97	88.12	97.54	417,028.41
Jan 2026	1,805.50	1,583.60	1,595.00	102.63	88.55	89.51	382,693.93
Share Prices Of 2025
Dec 2025	1,843.95	1,706.45	1,719.75	105.54	95.03	96.51	412,625.63
Nov 2025	1,832.90	1,667.00	1,831.25	102.95	92.51	102.77	439,378.22
Oct 2025	1,721.95	1,603.80	1,689.85	96.94	88.34	94.83	405,451.62
Sep 2025	1,668.40	1,547.25	1,594.95	94.33	84.68	89.50	382,681.93
Aug 2025	1,690.40	1,567.60	1,594.05	98.43	86.94	89.45	382,465.99
Jul 2025	1,747.70	1,646.95	1,705.55	100.50	91.52	95.71	409,218.58
Jun 2025	1,727.50	1,636.00	1,676.80	99.27	91.18	94.10	402,320.49
May 2025	1,850.95	1,623.50	1,678.30	105.13	87.72	94.18	402,680.39
Apr 2025	1,846.05	1,570.25	1,830.20	105.96	82.94	102.71	439,126.29
Mar 2025	1,818.35	1,555.00	1,735.45	103.93	85.78	97.39	416,392.59
Feb 2025	1,789.50	1,587.40	1,593.90	144.48	124.30	125.32	382,430.00
Jan 2025	1,902.60	1,693.65	1,743.10	150.60	132.21	137.05	418,228.08
Share Prices Of 2024
Dec 2024	1,910.00	1,774.20	1,884.50	152.20	136.45	148.17	452,154.68
Nov 2024	1,865.75	1,723.65	1,781.65	147.25	134.62	140.08	427,477.51

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