Innovative Ideals and Services (India) Ltd (541983)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Innovative Ideals' revenue was ₹0.0 Cr (-99.7% year on year, -98.1% on the previous half-year), and net profit ₹-4.8 Cr (against a profit a year earlier); the operating margin was -47700.0%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹0.0 | -99.7% | -98.1% |
| Operating profit | ₹-4.8 | to loss | loss widened |
| Net profit | ₹-4.8 | to loss | loss widened |
| EPS (₹) | -4.23 | to loss | loss widened |
| Operating margin | -47700.0% | — | — |
📢 Recent Corporate Announcements
Innovative Ideals and Services (India) Ltd has reported the resignation of its Secretarial Auditor, M/s. Prachi Bansal & Associates, effective September 04, 2026. The firm was originally appointed for a 5-year term from FY 2025-26 to FY 2029-30 at the 25th AGM, but stepped down due to an inability to mutually agree on commercial engagement terms. The company confirmed there were no material concerns raised regarding management. A replacement secretarial auditor will be considered by the Audit Committee and Board in due course.
- Resignation of Secretarial Auditor M/s. Prachi Bansal & Associates effective September 04, 2026
- Auditor had been appointed for a 5-year tenure covering FY 2025-26 to FY 2029-30
- Resignation cited inability to mutually agree upon commercial terms of the engagement
- No material concerns or disputes with management were raised by the outgoing auditor
Innovative Ideals and Services (India) Ltd announced the resignation of its Secretarial Auditor, M/s. Prachi Bansal & Associates, effective September 04, 2026. The firm had been appointed for a 5-year term spanning FY 2025-26 to FY 2029-30. The resignation letter cited an inability to mutually agree upon commercial terms of the professional engagement, with no other material reasons or management concerns reported. The Board will appoint a replacement auditor in due course.
- Secretarial Auditor M/s. Prachi Bansal & Associates resigned effective September 04, 2026
- The firm was originally appointed for a 5-year term from FY 2025-26 to FY 2029-30
- Resignation cited inability to mutually agree upon commercial terms for the engagement
- Company confirmed no other material concerns were raised regarding management
Innovative Ideals and Services (India) Ltd announced that its Board of Directors approved the resignation of M/s. Prachi Bansal & Associates as Secretarial Auditor, effective September 4, 2026. The resignation occurred due to an inability to mutually agree upon commercial terms. The Board has appointed M/s. Nishant Bajaj & Associates as the new Secretarial Auditor for FY 2025-26. This administrative change has no direct impact on the company's operational or financial position.
- Resignation of M/s. Prachi Bansal & Associates as Secretarial Auditor effective September 4, 2026
- Appointment of M/s. Nishant Bajaj & Associates as Secretarial Auditor for FY 2025-26
- Board meeting conducted and concluded within 20 minutes (05:00 p.m. to 05:20 p.m.) on September 5, 2026
Financial Performance
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Strategic Growth
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External Factors
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Regulatory & Governance
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Risk Analysis
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