Shree Tirupati Balajee Agro Trading Co. Ltd. reported a decline in its consolidated net profit for the financial year ended March 31, 2026, primarily due to lower total income. The board of directors approved the audited standalone and consolidated financial results for the fourth quarter and the full year at a meeting held on May 29, 2026. The statutory auditors provided an unmodified opinion on the financial results, which were prepared in accordance with the Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published the financial results in newspapers Choutha Sansar and Free Press on May 30, 2026, pursuant to Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rishika Singhai, Company Secretary and Compliance Officer, confirmed the publication.

Financial Performance

For the year ended March 31, 2026, the company reported a consolidated net profit of ₹1,231.11 lakh, a decrease from ₹3,209.26 lakh in the previous year. Total income for the year stood at ₹58,141.68 lakh, compared to ₹59,515.50 lakh in FY25. On a standalone basis, the net profit for FY26 was ₹884.23 lakh, down from ₹1,482.83 lakh in the corresponding period last year. Revenue from operations for the year was ₹35,865.38 lakh, slightly lower than ₹36,012.86 lakh in FY25.

Quarterly Results

In the quarter ended March 31, 2026, the standalone net profit was ₹235.86 lakh, while the consolidated net profit was ₹370.75 lakh. Revenue from operations for the quarter stood at ₹8,355.46 lakh on a standalone basis and ₹12,955.61 lakh on a consolidated basis. The company's basic earnings per share (EPS) for the year was ₹1.08 on a standalone basis and ₹1.35 on a consolidated basis.

Key Financial Metrics

The following table summarizes the key financial figures for the year ended March 31, 2026:

IPO Proceeds Utilization

The company had completed an initial public offering (IPO) of 2,04,40,000 equity shares with a face value of ₹10 each at an issue price of ₹83 per share. The total offer proceeds of ₹12,242.50 lakh have been fully utilized as of March 31, 2026. The funds were used for repayment of borrowings, funding working capital requirements for the company and its subsidiaries, and general corporate purposes.

Shree Tirupati Balajee Agro Trading Company Limited has re-appointed M/s Milind Nyati & Co. LLP as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment on May 29, 2026, to comply with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The re-appointment follows the conclusion of the auditor's previous tenure, which ended on March 31, 2026.

Internal Auditor Details

The firm, M/s Milind Nyati & Co. LLP, is a Chartered Accountants firm registered with the Institute of Chartered Accountants of India (ICAI). It provides professional services including tax audit, GST/VAT audit, internal audit, accounting, advisory services, and financial statement preparation. The firm also offers consultancy services for securing loans from banks, NBFCs, and public financial institutions.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced a specific SEBI circular dated July 13, 2023, regarding the disclosure of auditor appointments. The consent letter from the internal auditor, dated May 20, 2026, confirmed acceptance of the re-appointment under Section 138 of the Companies Act, 2013 and Rule 13 of the Companies (Accounts) Rules, 2014.