Key Quantitative Figures

Financial Performance (FY 2025-26 vs. FY 2024-25)

  • Net Sales: ₹35.00 crores (Previous Year: ₹41.23 crores)
  • Profit/(Loss) before Interest, Depreciation, Exceptional Item and Taxation: (₹413.64) lakh (Previous Year: ₹516.41 lakh)
  • Profit/(Loss) before tax & exceptional items: (₹276.16) lakh (Previous Year: ₹372.28 lakh)
  • Exceptional Income: ₹7.00 lakh (Previous Year: Nil)
  • Profit/(Loss) before tax and after exceptional items: (₹269.16) lakh (Previous Year: ₹372.28 lakh)
  • Provision for Taxation (Current): ₹1.50 lakh (Previous Year: ₹33.70 lakh)
  • Income Tax relating to earlier year: Nil (Previous Year: ₹4.80 lakh)
  • Deferred Tax Charge/(Credit): (₹35.78) lakh (Previous Year: ₹2.99 lakh)
  • Profit/(Loss) after tax: (₹270.66) lakh (Previous Year: ₹333.78 lakh)
  • (Loss)/Profit for the year: (₹234.88) lakh (Previous Year: ₹330.79 lakh)
  • Total Comprehensive Income for the period: (₹177.35) lakh (Previous Year: ₹349.04 lakh)
  • Earnings per Equity Share (Basic & Diluted): (₹6.90) (Previous Year: ₹9.72)

Operational Metrics

  • Tea Production (India): 1383 million kg (Previous Year: 1295 million kg)
  • All-India Average Tea Price: ₹190 per kg (Previous Year: ₹202 per kg)
  • Company's Average Sales Realisation: ₹261 per kg (Previous Year: ₹283 per kg)
  • Permanent Employees: 1349 nos. (As on 31st March 2026; Previous Year: 1327 nos.)

Other Financial Positions (As on 31st March 2026)

  • Total Equity: ₹3,944.00 lakh
  • Total Assets: ₹5,710.80 lakh
  • Inventories: ₹315.53 lakh
  • Biological Assets (unharvested tea leaves): ₹33.64 lakh (70,567 Kg)
  • Trade Receivables: ₹8.88 lakh
  • Cash and Cash Equivalents: ₹51.46 lakh
  • Borrowings: ₹368.65 lakh (Current: ₹331.29 lakh, Non-Current: ₹37.36 lakh)

Dates of Action

  • AGM Date: 25th September 2026 (Friday) at 3.00 P.M.
  • AGM Mode: Video Conferencing (VC)/ Other Audio Visual Means (OAVM)
  • Cut-off date for remote e-voting: 18th September 2026
  • Remote E-voting Period: 22nd September 2026 (9:00 A.M.) to 24th September 2026 (5:00 P.M.)
  • Book Closure: 18th September 2026 to 25th September 2026 (both days inclusive)
  • Annual Report Dispatch Completion Date: 26th August 2026

Parties Involved

  • Stock Exchange: BSE Limited
  • Statutory Auditors: M/s. K.N. Gutgutia & Co., Chartered Accountants (FRN: 304153E)
  • Secretarial Auditor: M/s. D. C. Sahoo & Co., Company Secretaries
  • Registrars & Transfer Agents: R & D Infotech Private Ltd.
  • Depositories: NSDL and CDSL
  • Bankers: Indian Bank, HDFC Bank
  • Key Managerial Personnel: Mr. S. P. Jalan (CEO), Mr. K. C. Mishra (Company Secretary & CFO)

Purpose / Rationale

The document is the Annual Report, providing a comprehensive overview of the company's financial performance, operations, corporate governance, and compliance for the financial year ended 31st March 2026. It also serves as the notice for the 31st AGM.

Financial & Operational Impact (As Disclosed)

The company attributed the loss to a decrease in production quantity coupled with lower average price realisation. The decline in sales was ₹6.23 crores. Erratic climatic conditions adversely affected tea production. The continuing geopolitical conflicts were noted to have adversely affected exports and tea prices.

Capital Structure Impact

  • No change in issued, subscribed, or paid-up share capital during the year. It remains 3,402,100 equity shares of ₹10 each fully paid up, with 232,400 equity shares forfeited.
  • 3,167,464 out of 3,402,100 equity shares have been dematerialized.
  • No dividend was recommended, so no impact on retained earnings from distributions.

Cash Flow Implications

  • Net cash used in operating activities was ₹346.21 lakh.
  • Net cash used in investing activities was ₹86.14 lakh.
  • Net cash from financing activities was ₹330.14 lakh.
  • Net decrease in cash and cash equivalents was ₹102.21 lakh.

Forward-Looking Commentary (Explicitly Stated)

  • "The performance of the tea industry depends largely on geographical and climatic conditions, which are beyond the control of the Company."
  • "The Company remains committed to its long-term strategy of continuous uprooting and replanting with high-yielding quality clones, coupled with the regular up gradation of its manufacturing facilities."
  • "These initiatives are expected to strengthen the Company's operational efficiency and enable it to meet future challenges effectively."

Corporate Governance & Compliance

  • The Board met 7 times during the year.
  • The company affirms compliance with Corporate Governance requirements under the Companies Act, 2013, and SEBI LODR Regulations.
  • A Secretarial Audit Report was issued with one observation regarding an outdated Register of Charges; management is discussing the issue with the concerned banker.
  • The Statutory Auditors' report contained no qualifications or adverse remarks.
  • No fraud was reported by the auditors under Section 143(12) of the Act.
  • The company has an internal audit system considered adequate for its size and nature of business.

Other Material Disclosures

  • Related Party Transactions: Loans outstanding to Hasimara Industries Ltd. (Related Party) amount to ₹400.00 lakh. A Conditional Debt Repayment Agreement is in place for its repayment from land compensation receivable by HIL.
  • Loans & Investments: The company granted an unsecured loan of ₹25.00 lakh to a related party (other than subsidiaries, joint ventures, associates), which was repaid during the year with interest.
  • Biological Assets: Valued at fair value less costs to sell. The gain of ₹12.38 lakh from the change in fair value of biological assets is included in Other Income.
  • Fixed Deposits: The company did not accept any fixed deposits.
  • CSR: The company was not eligible for CSR obligations under Section 135(1) of the Companies Act, 2013.
  • Sexual Harassment: No cases were reported during the year under the Sexual Harassment of Women at Workplace Act, 2013.

#Tags: #TyroonTea #AnnualReport #SEBIDisclosure #FinancialResults #AGMNotice #RegulatoryCompliance #Negative