Tandhan Industries Limited submitted a revised outcome of its Board of Directors meeting held on 13th November 2026 to the BSE Limited. This submission was made pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The revision was necessitated due to certain clerical/typographical errors contained in the original intimation disseminated on 13th November 2026 at 21:58:35 hours. The company clarified that the revision is limited solely to the correction of these clerical/typographical errors, with no change in the agenda items considered by the Board or in the financial figures and other substantive contents of the originally submitted outcome.
The Board meeting, held on 13th November 2026 from 4:30 PM to 8:00 PM at the Corporate Office in Howrah, West Bengal, had approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended 30th September 2026.
Financial Results Overview
Consolidated Performance (₹ in Lakhs):
- Quarter Ended 30-09-2026: Revenue from operations: ₹7,279.79; Total revenue: ₹7,437.85; Net profit: ₹392.23
- Half Year Ended 30-09-2026: Revenue from operations: ₹13,680.94; Total revenue: ₹14,025.22; Net profit: ₹994.17
- Earnings Per Share (Basic): Q2: ₹0.79; H1: ₹2.00
Standalone Performance (₹ in Lakhs):
- Quarter Ended 30-09-2026: Revenue from operations: ₹8.13; Total revenue: ₹9.53; Net loss: ₹(15.96)
- Half Year Ended 30-09-2026: Revenue from operations: ₹8.13; Total revenue: ₹11.24; Net loss: ₹(16.23)
- Earnings Per Share (Basic): Q2: ₹(0.03); H1: ₹(0.03)
Subsidiary Information
The consolidated results include Tandhan Polyplast Limited, a subsidiary acquired on 17th October 2025. The subsidiary contributed significantly to the consolidated figures with total revenues of ₹13,672.82 lakhs and net profit after tax of ₹1,010.40 lakhs for the Quarter and Half Year ended 30th September 2026.
Acquisition Accounting Adjustment
The company noted a significant adjustment related to the acquisition of Tandhan Polyplast Limited. Following reassessment, the final acquisition-date measurement of identifiable net assets exceeded the consideration transferred by ₹1,366.56 lakh. Accordingly, previously reported goodwill of ₹3,105.45 lakh was eliminated, and the excess was recognized directly in equity as capital reserve.
Auditor Review
Laxmikant Kabra & Co LLP, Chartered Accountants, issued limited review reports on both standalone and consolidated financial results. For the consolidated results, the auditors relied on the review reports of other auditors for the subsidiary company's financial information.
Annexure Disclosure - New Business Line
The company included an annexure disclosing financial information for its new plastic manufacturing business as required by Schedule IV of SEBI LODR Regulations following the company's name change on 16th February 2026. For the quarter ended 30-09-2026, the plastic business reported:
- Net sales: ₹8.13 lakh
- Expenditure: ₹7.75 lakh
- Profit before tax: ₹0.38 lakh
Capital Structure
The paid-up equity share capital remained unchanged at ₹4,977.25 lakh (face value of ₹10 each) across all reporting periods.