Inter State Oil Carrier Ltd (530259)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Inter State's revenue was ₹30.7 Cr (+33.3% year on year, +17.1% on the previous quarter), and net profit ₹1.2 Cr (+764.3% year on year); the operating margin was 9.3%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹30.7 | +33.3% | +17.1% |
| Operating profit | ₹2.9 | +85.1% | +35.7% |
| Net profit | ₹1.2 | +764.3% | +476.2% |
| EPS (₹) | 2.42 | +764.3% | +476.2% |
| Operating margin | 9.3% | — | — |
📢 Recent Corporate Announcements
Inter State Oil Carrier Limited reported its monthly volume update for September 2026, handling 27.88 thousand MTs. This represents a 31.69% year-on-year growth compared to 21.17 thousand MTs in September 2025. On a sequential basis, volumes dropped marginally by 1.62% from 28.34 thousand MTs in August 2026. The sustained YoY volume improvement indicates continued operational traction for the micro-cap transporter.
- Volume handled stood at 27.88 ('000 MTs) in September 2026
- Year-on-year volume grew by 31.69% from 21.17 ('000 MTs) in September 2025
- Month-on-month volume declined by 1.62% from 28.34 ('000 MTs) handled in August 2026
- July 2026 saw peak volume of 33.12 ('000 MTs) over the reported 13-month trend
Inter State Oil Carrier Ltd's Board approved a revision in remuneration for Managing Director Sanjay Jain by introducing a profit-linked commission effective from April 1, 2026, through his tenure ending July 31, 2028. The proposed revision and related party transactions are subject to shareholder approval via postal ballot. The cut-off date for e-voting eligibility is October 9, 2026, with voting concluding on November 15, 2026. Specific commission percentages or monetary caps were not disclosed in the filing.
- Introduction of profit-linked commission for MD Sanjay Jain effective from April 1, 2026 to July 31, 2028
- Shareholder eligibility cut-off date set for Friday, October 9, 2026
- Remote e-voting window open from October 17, 2026 to November 15, 2026
- Scrutinizer report submission and results declaration scheduled on or before November 17, 2026
Inter State Oil Carrier Ltd's Board approved a revision in remuneration for Managing Director Sanjay Jain by introducing a profit-linked commission effective from April 1, 2026, through his tenure ending July 31, 2028. The proposed revision and related party transactions are subject to shareholder approval via postal ballot. The cut-off date for e-voting eligibility is October 9, 2026, with voting concluding on November 15, 2026. Specific commission percentages or monetary caps were not disclosed in the filing.
- Introduction of profit-linked commission for MD Sanjay Jain effective from April 1, 2026 to July 31, 2028
- Shareholder eligibility cut-off date set for Friday, October 9, 2026
- Remote e-voting window open from October 17, 2026 to November 15, 2026
- Scrutinizer report submission and results declaration scheduled on or before November 17, 2026
Inter State Oil Carrier Limited received SEBI SAST Regulation 29(2) disclosures regarding an inter-se transfer of equity shares among promoters via gift for nil consideration. Under the transaction, Mr. Sanjay Jain acquired 1,66,454 shares, consisting of 1,12,045 shares gifted by Mrs. Gunmala Devi Jain and 54,409 shares gifted by Mr. Shanti Lal Jain. Because this is an internal transfer among promoters, aggregate promoter group shareholding (currently 45.02%) remains unchanged.
- Mr. Sanjay Jain acquired 1,66,454 equity shares through an inter-se gift transfer
- Mrs. Gunmala Devi Jain transferred 1,12,045 equity shares for nil consideration
- Mr. Shanti Lal Jain transferred 54,409 equity shares for nil consideration
- Total shares transferred equate to 1,66,454 shares within the promoter group
Inter State Oil Carrier Ltd announced an inter-se transfer of 1,66,454 equity shares amongst its promoter group via gift for nil consideration. Mrs. Gunmala Devi Jain transferred 1,12,045 shares and Mr. Shanti Lal Jain transferred 54,409 shares to their son, promoter Mr. Sanjay Jain. As an internal promoter transfer, the transaction results in no change to the aggregate promoter holding, which stands at approximately 45.02%.
- Total of 1,66,454 equity shares gifted inter-se amongst promoter family members
- Mrs. Gunmala Devi Jain transferred 1,12,045 fully paid-up shares to Mr. Sanjay Jain
- Mr. Shanti Lal Jain transferred 54,409 fully paid-up shares to Mr. Sanjay Jain
- Shares were transferred for NIL consideration under SEBI SAST and PIT regulations
Inter State Oil Carrier Ltd has submitted a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 regarding an acquisition by Promoter and Managing Director Sanjay Jain. Mr. Jain acquired 550 equity shares, representing 0.0110% of the total equity base. Given the company's market cap of Rs 31 Cr and price of Rs 61.8, the transaction value is negligible (approx. Rs 34,000). Total promoter holding remains virtually unchanged at around 45.0%.
- Promoter and MD Sanjay Jain acquired 550 equity shares
- Acquired shares comprise 0.0110% of total equity share capital
- Disclosure submitted pursuant to Regulation 29(2) of SEBI SAST Regulations on 05.09.2026
Inter State Oil Carrier Ltd has submitted a SEBI SAST Regulation 29(2) disclosure regarding the acquisition of shares by its Promoter and Managing Director, Sanjay Jain. The filing reports the purchase of 550 equity shares, representing 0.0110% of the company's total equity share capital. With the company's market capitalization at approximately Rs 31 Cr, this transaction is immaterial in magnitude and has no operational impact.
- Promoter and Managing Director Sanjay Jain acquired 550 equity shares
- Acquisition represents 0.0110% of total equity share capital
- Filing submitted on September 5, 2026 under SEBI SAST Regulation 29(2)
Inter State Oil Carrier Ltd has issued a clarification in response to a BSE query dated August 26, 2026, regarding significant price movement in its equity shares. The company confirmed that it has made all required disclosures under Regulation 30 of SEBI LODR and holds no undisclosed material information. Management noted that the share price and volume movements are purely market-driven with no operational trigger.
- Response submitted to BSE letter ref L/SURV/ONL/PV/SJ/ 2026-2027 / 4177 dated 26.08.2026.
- Reiterated full compliance with SEBI LODR Regulation 30 disclosure requirements.
- Confirmed no pending or impending undisclosed material events impacting stock price or volume.
Inter State Oil Carrier Limited received a disclosure under Regulation 29(2) of SEBI (SAST) Regulations from Promoter and Managing Director Sanjay Jain. The disclosure pertains to an acquisition of 500 equity shares, representing 0.0100% of the company's equity capital. Given the nominal transaction size (valued at ~₹23,800 at current market price), this represents a routine minor insider transaction with negligible financial impact.
- Promoter and MD Sanjay Jain acquired 500 equity shares.
- The acquisition accounts for 0.0100% of the company's equity share capital.
- Disclosure submitted pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011 on August 26, 2026.
Inter State Oil Carrier Ltd has submitted a disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The filing reports that Mr. Sanjay Jain, Promoter and Managing Director, acquired 500 equity shares of the company. The acquired shares represent approximately 0.0100% of the total share capital. Given the tiny transaction value (under ₹25,000 against a market cap of ₹24 Cr), this filing is immaterial to company fundamentals.
- Promoter and MD Sanjay Jain acquired 500 equity shares of the company
- Acquisition represents 0.0100% of the total equity share capital
- Disclosure filed under Regulation 29(2) of SEBI (SAST) Regulations on August 26, 2026
Inter State Oil Carrier Limited has issued an intimation to shareholders holding shares in physical mode and those without registered email addresses regarding the 42nd Annual General Meeting (AGM) and Annual Report for FY 2025-26. The 42nd AGM is scheduled to be held via Video Conferencing on September 14, 2026. The e-voting cut-off date is set for September 7, 2026, with the voting window open from September 11 to September 13, 2026. The company also reminded shareholders of SEBI's special window for physical share transfer re-lodgements valid until February 4, 2027.
- 42nd Annual General Meeting scheduled for Monday, September 14, 2026, at 1:00 PM IST via VC/OAVM
- Cut-off date for e-voting entitlement fixed as Monday, September 7, 2026
- E-voting window opens September 11, 2026 (9:00 AM IST) and closes September 13, 2026 (5:00 PM IST)
- Book closure period set from Tuesday, September 8, 2026, to Monday, September 14, 2026
- Notified shareholders about SEBI's special window for physical share transfer re-lodgement open until February 4, 2027
Inter State Oil Carrier Ltd has dispatched a communication to shareholders whose email addresses are not registered, detailing access to the FY 2025-2026 Annual Report and Notice of the 42nd AGM. The AGM is scheduled for September 14, 2026, via video conferencing. The cut-off date for e-voting entitlement is set as September 7, 2026, with the remote e-voting window open from September 11 to September 13, 2026. This is a standard procedural compliance disclosure under SEBI LODR Regulation 36(1)(b).
- 42nd Annual General Meeting scheduled for Monday, September 14, 2026, at 1:00 PM IST via VC/OAVM
- Cut-off date for e-voting entitlement set as Monday, September 7, 2026
- Book closure period scheduled from September 8, 2026, to September 14, 2026
- Remote e-voting window open from 9:00 AM on September 11, 2026, to 5:00 PM on September 13, 2026
- Special SEBI window noted for re-lodgement of transfer requests for physical shares open until February 4, 2027
Inter State Oil Carrier Ltd has issued the notice for its 42nd Annual General Meeting (AGM) scheduled for September 14, 2026, alongside releasing its FY25–26 Annual Report. Key agenda items include the re-appointment of Mr. Siddhant Jain as Whole-Time Director for a 3-year term starting May 2, 2027, and a revision in MD Mr. Sanjay Jain's remuneration structure introducing a profit-linked commission capped at ₹15 lakh per financial year. Remote e-voting is set from September 11 to September 13, 2026, with the cut-off date fixed as September 7, 2026.
- 42nd Annual General Meeting scheduled for Monday, September 14, 2026, at 1:00 PM IST via VC/OAVM
- Proposed revision of Managing Director Sanjay Jain's remuneration with profit-linked commission capped at ₹15,00,000 per financial year
- Proposed re-appointment of Siddhant Jain as Whole-Time Director for 3 years from May 2, 2027 to May 1, 2030
- Cut-off date for remote e-voting is September 7, 2026, with voting window open from September 11 to September 13, 2026
- Contingent liabilities disclosed include ₹313.69 lakh in bank guarantees and a ₹30.05 lakh GST demand under appeal
Inter State Oil Carrier Ltd has released its Annual Report for FY 2025-26 and issued the notice for its 42nd Annual General Meeting (AGM) to be held on September 14, 2026, via Video Conferencing. Key agenda items include the adoption of FY26 financial statements, the re-appointment of Mr. Siddhant Jain as Whole-Time Director for 3 years starting May 2027, and revision in remuneration of Managing Director Sanjay Jain introducing a profit-linked commission capped at ₹15 lakh per annum. The cut-off date for e-voting is September 7, 2026, with remote voting open from September 11 to September 13, 2026.
- 42nd Annual General Meeting scheduled for Monday, September 14, 2026, at 1:00 PM IST via VC/OAVM
- Remote e-voting window set from September 11 (9:00 AM) to September 13, 2026 (5:00 PM) with a cut-off date of September 7, 2026
- Proposed MD Sanjay Jain commission capped at ₹15,00,000 per financial year (5% of PAT up to ₹3 Cr, 7.5% of PAT above ₹3 Cr)
- Proposed re-appointment of Mr. Siddhant Jain as Whole-Time Director for a 3-year term from May 2, 2027, to May 1, 2030
- Book closure scheduled from September 8, 2026, to September 14, 2026 (both days inclusive)
Inter State Oil Carrier reported a record monthly volume of 33.12 ('000 MTs) for July 2026, representing a significant 38.12% increase compared to July 2025. The performance also shows a sequential growth of 13.54% from June 2026 and surpasses the previous 12-month peak of 29.34 ('000 MTs) set in March 2026. For a micro-cap company with a market capitalization of only Rs 20 Cr and TTM revenue of Rs 108 Cr, this operational surge is a strong lead indicator for top-line growth. However, the company maintains a high debt-to-equity ratio of 1.38, which remains a key financial constraint.
- Handled 33.12 ('000 MTs) in July 2026, a 38.12% increase over 23.98 ('000 MTs) in July 2025.
- Achieved a 13.54% month-on-month growth compared to 29.17 ('000 MTs) handled in June 2026.
- Surpassed the previous 12-month peak volume of 29.34 ('000 MTs) by approximately 12.88%.
- TTM Revenue of Rs 108 Cr is currently 5.4x the company's market capitalization of Rs 20 Cr.
Financial Performance
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