International Conveyors Ltd

📈 International Conveyors Ltd: Order Book at ₹76.01 Cr, Revenue Up 44% in FY26

• Outstanding order book: ₹76.01 crore as of April 30, 2026

• Total operating income grew ~44% to ₹203.65 crore in FY26

• PBILDT margin improved to 20.01% from 17.05% in FY26

• Strengths: Experienced promoters, healthy investment portfolio (~₹325.51 crore), niche market position, reputed clients, comfortable gearing at 0.21x

• Weaknesses: Exposure to group companies (₹149.92 crore), raw material price volatility, forex fluctuations, working capital intensity

• Liquidity: Adequate with gross cash accruals of ₹31.24 crore and healthy investments