Taylormade Renewables Limited announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026.
The company reported consolidated revenue from operations of ₹4,841.82 lakh (₹48.42 crore) and Profit After Tax (PAT) of ₹182.19 lakh (₹1.82 crore) for FY26.
The financial performance was impacted by an Andhra Pradesh sales reversal adjustment undertaken during FY26. Management stated this adjustment was important for long-term financial discipline and reporting perspective, and that it presents a cleaner operational and accounting base going forward.
Despite this impact, the company continued making steady operational progress across multiple business areas including:
- Renewable thermal energy
- Industrial wastewater treatment
- Sugar and distillery sustainability solutions
- Zero Liquid Discharge (ZLD) systems
- Solvent recovery technologies
- Build-Own-Operate (BOO) infrastructure projects
Several projects during the year involved infrastructure setup, technical integration, process validation, and phased execution cycles. Management believes a substantial portion of the operational work completed during FY26 is expected to progressively reflect in revenues and financial performance over the coming quarters.
The company strengthened its position in solar thermal applications aimed at reducing industrial LPG consumption and fuel costs across:
- Institutional kitchens
- Industrial heating systems
- Sugar and distillery process heating
- Community cooking applications
Management cited increasing fuel costs, rising LPG dependency, growing environmental awareness, and the need for sustainable industrial operations as factors creating strong long-term opportunities across renewable thermal energy and industrial sustainability sectors.
The company expanded offerings for sugar and distillery industries through technologies related to:
- Spent wash concentration
- Wastewater recovery
- Renewable thermal integration
- Zero Liquid Discharge (ZLD) systems
- Enhanced sugar manufacturing efficiency
Management Commentary
Mr. Dharmendra Sharad Gor, Chairman & Managing Director, stated that FY26 was an important year in strengthening the company's long-term foundation across renewable thermal energy, wastewater recovery, sugar sustainability solutions, and industrial infrastructure. He emphasized that with the legacy Andhra Pradesh sales reversal matter now behind them, the company is entering a much stronger and cleaner phase operationally.
Gor noted that over the last several years, the company has worked on technology development, execution capabilities, infrastructure creation, and expanding presence across multiple industrial sectors. These efforts are beginning to translate into stronger opportunities, improving execution visibility, and growing acceptance of technologies across industries.
He highlighted increasing opportunities across sugar and distillery sectors where industries are actively looking for solutions related to wastewater recovery, thermal efficiency, spent wash management, and sustainable process optimization.
Gor also mentioned that India's rising LPG dependency and increasing industrial fuel costs are creating significant opportunities for renewable thermal applications capable of reducing conventional fuel consumption.
Several ongoing projects are progressing toward advanced execution and commercial stages, and management expects the impact of the groundwork created over the last few years to become increasingly visible in the coming financial periods.
Financial Impact
The Andhra Pradesh sales reversal adjustment had a negative impact on FY26 financial performance, though the exact quantification of this impact was not disclosed in the document.