ICDSLTD · Icds Ltd · Misc. Financial Services
ICDSLTD · Icds Ltd · Misc. Financial Services
As of 05 Nov close
52-week range
39.4% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹0.61 Cr
Revenue YoY
PAT YoY
-32.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.7
P/S (TTM)
36.4
Sector P/E
Not available from data source
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ICDSLTD (this stock) | 80.2 | 2.7 | +29.1% | +2.2% | 0 | 0.0% |
| REC | 6 | 1 | +27.1% | +18.9% | 6.05 | +5.8% |
| Altius Telecom Infrastructure Trust | 46.7 | 4.5 | +4.6% | +8.3% | 416.28 | +9.3% |
| National Highways Infra Trust | 47.7 | 1.5 | +16.0% | +3.0% | 104.25 | +6.7% |
Promoter
stable
FII
Not available from data source
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedThe report outlines ICDS Limited's financial performance for FY2025-26, highlighting a decline in income compared to the previous year and a reduction in profit after tax. The company is focused on aligning its operations with regulatory requirements, particularly those of the Reserve Bank of India (RBI) for Non-Banking Financial Companies (NBFCs). It plans to apply for a Certificate of Registration (CoR) to operate as a Non-Deposit Taking NBFC-Type II. The company also emphasizes strengthening its insurance distribution business through recruitment and expansion, while maintaining its existing business activities pending regulatory approval. Additionally, the report mentions the company's commitment to internal financial controls and compliance with statutory requirements.
- Alignment with RBI regulations for NBFC operations and application for Certificate of Registration (CoR) as a Non-Deposit Taking NBFC-Type II.
- Focus on expanding insurance distribution business through recruitment and operational expansion.
- Commitment to maintaining internal financial controls and regulatory compliance.
- Continuation of existing business activities while exploring new growth opportunities under regulatory compliance.
Key takeaway: ICDS Limited is actively aligning its operations with RBI regulations for NBFCs and plans to apply for a Certificate of Registration to diversify its financial services, while focusing on expanding its insurance distribution business and maintaining compliance.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (5 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceOlder (3+ years ago)
The auditor's report indicates that the matters described in the Emphasis of Matter paragraph may have an adverse effect on the functioning of the Group.
Regulatory Action
5 occurrencesRecent (last 12 months)
The company received a show-cause notice from ROC Karnataka for non-compliance in appointing a full-time Company Secretary between April 2014 and August 2016. The penalty is pending adjudication, and the company cannot quantify it yet.
Earlier (1-3 years ago)
The Holding Company received a show-cause notice from ROC Karnataka for non-compliance of appointing a full-time Company Secretary between April 2014 and August 2016. The penalty is pending adjudication, and the company estimates it may not be material.
Older (3+ years ago)
The company received a show cause notice from ROC for violation of Section 203(1) R/W Section 203(4) of the Companies Act, 2013 for non-appointment of Company Secretary from 01/04/2014 to 08/08/2016.
The company received a show cause notice from ROC for violation of Section 203(1) and 203(4) of the Companies Act, 2013 for non-appointment of a Company Secretary from 01.04.2014 to 08.08.2016. The matter is pending with the Registrar of Companies, Karnataka.
The company received a show-cause notice from ROC Karnataka regarding non-compliance with the appointment of a full-time Company Secretary between April 2014 and August 2016. The penalty adjudication is pending, and the company estimates it will not be material.
Routine disclosures
Contingent Liability
5 occurrencesRecent (last 12 months)
The company has contingent liabilities related to pending income-tax refunds and potential contributions under the Employees Provident Fund Act, as per the Supreme Court's order.
Earlier (1-3 years ago)
The company has a contingent liability related to income tax demands for assessment years 1998-99, 1999-2000, and 2000-01, with a refund of ₹15,544 thousand pending under the Direct Tax Vivaad Se Vishwas Act, 2020.
Older (3+ years ago)
The company has contingent liabilities related to block assessments for the fiscal years 19 to 21, as of March 31, 2023 and March 31, 2022.
The company has contingent liabilities related to income tax demands for the years 1998-99, 1999-2000, and 2000-01, though the amounts are not specified.
The company has a contingent liability related to a block assessment from AYs 1987-88 to 1997-98, with a tax demand of ₹101,126 thousands (including interest) and a settled amount of ₹63,393 thousands under the DTVSV Act, 2020.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company is seeking approval for material related party transactions between itself and Manipal Properties Limited, a subsidiary.
Earlier (1-3 years ago)
The company is seeking approval for material related party transactions with Manipal Properties Limited, a subsidiary.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
0.04% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).