Board Meeting Details

The Board of Directors meeting (Meeting No.: BM/06/2026-27) was held on Saturday, 14th November, 2026 at the registered office of the Company in Indore. The meeting commenced at 02:00 PM and concluded at 03:25 PM.

Key Agenda Items Approved

The Board considered and approved the following:

  • Un-audited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026
  • Limited Review Reports thereon
  • Statement of Assets and Liabilities
  • Cash Flow Statement
  • Other ancillary and routine businesses

Financial Results Publication

The financial results will be published in newspapers with a Quick Response Code and details of the webpage where complete financial results are available, as required under SEBI LODR Regulations. The results are also available on the Company's website at www.tirupatistarch.com.

Standalone Financial Performance (₹ in Lakhs)

Quarter Ended September 30, 2026:
  • Income/Revenue from Operations: ₹8,524.36
  • Other Income: ₹11.78
  • Total Income: ₹8,536.14
  • Total Expenses: ₹9,121.34
  • Loss before exceptional items and tax: ₹(585.20)
  • Loss before tax: ₹(585.20)
  • Tax expense: Current tax ₹(14.75), Deferred tax ₹17.76
  • Net Loss for the quarter: ₹(588.21)
  • Other Comprehensive Income: ₹(11.39)
  • Total Comprehensive Income for the period: ₹(599.60)
  • Basic and Diluted EPS: ₹(6.13)
Half Year Ended September 30, 2026:
  • Income/Revenue from Operations: ₹17,687.64
  • Other Income: ₹23.98
  • Total Income: ₹17,711.62
  • Total Expenses: ₹18,205.72
  • Loss before exceptional items and tax: ₹(494.10)
  • Loss before tax: ₹(494.10)
  • Tax expense: Current tax ₹(5.87), Deferred tax ₹33.86
  • Net Loss for the half year: ₹(522.09)
  • Other Comprehensive Income: ₹(15.16)
  • Total Comprehensive Income for the period: ₹(537.25)
  • Basic and Diluted EPS: ₹(5.44)

Consolidated Financial Performance (₹ in Lakhs)

Quarter Ended September 30, 2026:
  • Income/Revenue from Operations: ₹8,524.36
  • Other Income: ₹11.80
  • Total Income: ₹8,536.16
  • Total Expenses: ₹9,132.73
  • Loss before exceptional items and tax: ₹(596.57)
  • Loss before tax: ₹(596.57)
  • Tax expense: Current tax ₹(14.75), Deferred tax ₹17.76
  • Net Loss for the quarter: ₹(599.58)
  • Other Comprehensive Income: ₹(11.39)
  • Total Comprehensive Income for the period: ₹(610.97)
  • Basic and Diluted EPS: ₹(6.26)
Half Year Ended September 30, 2026:
  • Income/Revenue from Operations: ₹17,687.64
  • Other Income: ₹24.01
  • Total Income: ₹17,711.65
  • Total Expenses: ₹18,205.66
  • Loss before exceptional items and tax: ₹(494.01)
  • Loss before tax: ₹(494.01)
  • Tax expense: Current tax ₹(5.87), Deferred tax ₹33.86
  • Net Loss for the half year: ₹(522.00)
  • Other Comprehensive Income: ₹(15.16)
  • Total Comprehensive Income for the period: ₹(537.16)
  • Basic and Diluted EPS: ₹(5.45)

Key Financial Position Details (Standalone as at September 30, 2026)

  • Total Assets: ₹20,519.91 lakh
  • Non-Current Assets: ₹12,785.51 lakh
  • Current Assets: ₹7,734.40 lakh
  • Total Equity: ₹6,194.78 lakh
  • Non-Current Liabilities: ₹6,399.46 lakh
  • Current Liabilities: ₹7,925.67 lakh
  • Paid Up Equity Share Capital: ₹958.92 lakh
  • Other Equity: ₹5,235.86 lakh

Cash Flow Statement (Standalone Half Year Ended September 30, 2026)

  • Net cash flow from operating activities: ₹565.20 lakh
  • Net cash flow used in investing activities: ₹917.74 lakh
  • Net cash flow from financing activities: ₹(1,481.02) lakh
  • Net increase in cash and cash equivalents: ₹1.92 lakh

Significant Disclosure - Income Tax Matter

Note 4 to the financial statements discloses that the Income Tax Department has raised a demand of ₹158.43 lakh for Assessment Year 2014-15 under Section 154 of the Income-tax Act, 1961. The Company has disputed this demand and filed an appeal before the Commissioner of Income Tax (Appeals). Management is of the view that no provision is required in respect of this demand, and accordingly no provision has been made in the financial results.

Auditor's Review

The Statutory Auditors, Harish Khandelwal & Co., Chartered Accountants, have carried out a limited review of the financial results and issued a report with an Emphasis of Matter regarding the income tax demand mentioned above. Their conclusion is not modified in respect of this matter.

Business Segment Information

The Company has only one reportable business segment - Manufacturing of Starch and allied products. Accordingly, segment disclosure requirements under Ind AS 108 are not applicable.