Financial Analyst Summary: TECIL Chemicals and Hydro Power Limited Regulatory Response

Date and Nature of Exchange Query

Date of Communication: July 2, 2026

Nature of Query: The National Stock Exchange of India Limited raised queries regarding discrepancy in Profit/Loss figures between the PDF version of Financial Statements and XBRL filing for the quarter and year ended March 31, 2026.

Company's Clarification on Trading Volume and Financial Results

Clarification Provided: The company explained that it incurred a net loss during the financial year under review. The XBRL filing correctly reported the financial position and performance, while the PDF version inadvertently presented the loss amount as profit due to an unintended formatting/formula error.

Error Details: The formatting error in the PDF version caused the loss amount to be displayed without appropriate indication, but this was purely a presentation error that did not affect the underlying financial results, audited financial statements, or other disclosures.

Confirmation: The company confirmed that the Audited Financial Statements as approved by the Board of Directors reflect the correct financial position, and the XBRL filing contains the correct Profit/Loss figure.

Regulatory Compliance Reference

SEBI Regulation Compliance: The submission was made pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also provided a declaration pursuant to Regulation 33(3)(d) confirming that statutory auditors issued an audit report with unmodified opinion.

Detailed Financial Results Clarification

Audited Standalone Financial Results for Quarter and Year Ended March 31, 2026:

Income Statement Highlights (Rs. in Lakhs):

  • Total Income: Q4 FY26: Rs 0.01, FY26: Rs 0.01
  • Employee Benefits Expenses: Q4 FY26: Rs 2.82, FY26: Rs 11.52
  • Depreciation and Amortization: Q4 FY26: Rs 1.95, FY26: Rs 3.67
  • Share Registry Expenses: Q4 FY26: Rs 0.40, FY26: Rs 1.65
  • Annual Listing Fees: Q4 FY26: Rs 2.02, FY26: Rs 8.08
  • Fees to External Consultants: Q4 FY26: Rs 1.46, FY26: Rs 2.91
  • AGM Expenses: Q4 FY26: Rs 7.82, FY26: Rs 13.97
  • Other Expenses: Q4 FY26: Rs 16.47, FY26: Rs 42.48

Profit/Loss Figures:

  • Q4 FY26 Net Loss: Rs (16.46) lakh
  • FY26 Net Loss: Rs (42.47) lakh
  • Basic EPS: Q4 FY26: (Rs 0.09), FY26: (Rs 0.22)

Balance Sheet Position as at March 31, 2026 (Rs. in Lakhs):

  • Property, Plant and Equipment: Rs 339.12
  • Investments: Rs 0.05
  • Bank Balances: Rs 0.59
  • Other Financial Assets: Rs 92.10
  • Other Current Assets: Rs 0.02
  • Current Income Tax Assets: Rs 1.02
  • Total Assets: Rs 433.00
  • Equity Share Capital: Rs 1,896.37
  • Other Equity: Rs (1,867.28)
  • Borrowings (Non-current): Rs 120.26
  • Trade Payables: Rs 0.02
  • Other Financial Liabilities: Rs 100.36
  • Other Current Liabilities: Rs 1.00

Auditor Confirmation

Auditor: S.R. Pai & Co, Chartered Accountants (FRN: 010793S)

Audit Opinion: Unmodified opinion on both original and revised financial results

Key Auditor Statement: "Give a true and fair view of the net loss and other financial information for the quarter ended 31st March 2026 as well as the year-to-date results for the period from 1st April 2025 to 31st March 2026"

Topic Tags: Regulatory Response, Financial Results Clarification, Compliance, Financial Reporting Error, Audit Confirmation