Tirupati Foam Limited held its first board meeting of FY 2026-2027 on May 29, 2026, which commenced at 3:00 PM and concluded at 4:10 PM. The meeting was conducted in compliance with SEBI (LODR) Regulations, 2015, specifically Regulations 30 and 33.
Key Board Decisions:
1. Approved the audited standalone financial results for the fourth quarter and year ended March 31, 2026, as recommended by the Audit Committee
2. Approved change in category of Non-Executive Directors and Non-Independent Directors over MCA Portal
3. Took note of omnibus approval of non-material related party transactions by the Audit Committee
Financial Performance (Amount in ₹ Lakhs):
Quarter Ended March 31, 2026 (Audited):
- Revenue from operations: ₹2,437.88
- Other income: ₹10.85
- Total income: ₹2,448.73
- Total expenses: ₹2,378.17
- Profit before tax: ₹70.56
- Tax expense: ₹19.24
- Net profit: ₹51.31
- Other comprehensive income: ₹3.66
- Total comprehensive income: ₹54.97
- Basic and diluted EPS: ₹1.16
Year Ended March 31, 2026 (Audited):
- Revenue from operations: ₹9,500.53 (compared to ₹10,602.63 in FY25)
- Other income: ₹37.12 (compared to ₹50.06 in FY25)
- Total income: ₹9,537.66 (compared to ₹10,652.68 in FY25)
- Total expenses: ₹9,280.63 (compared to ₹10,370.49 in FY25)
- Profit before tax: ₹257.03 (compared to ₹282.19 in FY25)
- Tax expense: ₹64.57 (compared to ₹68.44 in FY25)
- Net profit: ₹192.46 (compared to ₹213.75 in FY25)
- Other comprehensive income: ₹5.15
- Total comprehensive income: ₹197.60
- Basic and diluted EPS: ₹4.37 (compared to ₹4.85 in FY25)
Balance Sheet Highlights as at March 31, 2026:
- Paid-up equity share capital: ₹440.70 lakhs (face value ₹10 per share)
- Total assets: ₹8,844.92 lakhs
- Shareholders' funds: ₹3,402.88 lakhs
- Non-current liabilities: ₹1,237.04 lakhs
- Current liabilities: ₹4,204.99 lakhs
Cash Flow Statement for Year Ended March 31, 2026:
- Net cash from operating activities: ₹473.52 lakhs
- Net cash used in investing activities: ₹45.21 lakhs
- Net cash used in financing activities: ₹704.96 lakhs
- Net decrease in cash and cash equivalents: ₹186.23 lakhs
- Cash and cash equivalents at year-end: ₹43.27 lakhs
Additional Information:
- The company has only one segment of activity
- Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
- Previous year's figures have been regrouped/reclassified where necessary
- The quarter ended March 31, 2026 figures are balancing figures between audited full year and published year-to-date figures up to third quarter