Tainwala Chemicals FY26 Net Profit Rises to ₹1,078.53 Lakh

2 min read     Updated on 22 May 2026, 07:32 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Tainwala Chemicals and Plastics (India) Limited reported a significant rise in net profit to ₹1,078.53 lakh for FY26, up from ₹491.95 lakh in the previous year, with total income growing to ₹3,106.77 lakh. The Board approved the audited results on May 20, 2026, which were subsequently published in the Financial Express and Mumbai Lakshadweep on May 21, 2026. The company also appointed M/s. R. Mohnot & Co. LLP as Internal Auditor and re-appointed M/s. GMJ & Co. as Tax Auditor.

powered bylight_fuzz_icon
40827373

*this image is generated using AI for illustrative purposes only.

Tainwala Chemicals and Plastics (India) Limited has announced its audited financial results for the year ended March 31, 2026. The Board of Directors approved the financial statements during a meeting held on May 20, 2026. The statutory auditors, GMJ & Co., issued an unqualified opinion on the standalone financial results. The company has also published these results in the Financial Express and Mumbai Lakshadweep newspapers on May 21, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company reported a net profit of ₹1,078.53 lakh for the fiscal year 2025-26, marking an increase from the ₹491.95 lakh recorded in the previous year. For the quarter ended March 31, 2026, the net profit was ₹71.01 lakh. Total income for the year rose to ₹3,106.77 lakh, up from ₹2,181.61 lakh in the prior year. Income from operations for the year was ₹1,783.31 lakh, while other income contributed ₹1,323.46 lakh.

Total expenses for the year amounted to ₹1,773.15 lakh, compared to ₹1,553.63 lakh in the previous year. The profit before tax for the year stood at ₹1,333.62 lakh. The company reported a basic and diluted earnings per share (EPS) of ₹11.52 for the year, an improvement from ₹5.25 in the previous year.

Financial Performance

The following table summarizes the standalone financial results for the year and quarter ended March 31, 2026:

Particulars Year Ended 31-03-2026 (₹ in Lakhs) Year Ended 31-03-2025 (₹ in Lakhs) Quarter Ended 31-03-2026 (₹ in Lakhs)
Income
Income from operations (net) 1,783.31 1,641.70 133.37
Other Income 1,323.46 539.91 240.72
Total Income 3,106.77 2,181.61 374.09
Expenses
Total Expenses 1,773.15 1,553.63 290.99
Profit for the period 1,078.53 491.95 71.01
EPS (Basic and Diluted) 11.52 5.25 0.76

Segment Results

The company operates primarily through two segments: Plastic Sheets and Tradable Items. For the year ended March 31, 2026, the Plastic Sheets segment reported revenue of ₹436.65 lakh, while the Tradable Items segment generated ₹1,346.66 lakh. The total segment profit before tax for the year was ₹129.52 lakh.

Corporate Governance

Alongside the financial results, the company announced the appointment of M/s. R. Mohnot & Co. LLP as the Internal Auditor for the fiscal year 2026-27. Additionally, M/s. GMJ & Co. was re-appointed as the Tax Auditor to conduct the tax audit for the year ended March 31, 2026. Both appointments were approved by the Board on May 20, 2026.

Historical Stock Returns for Tainwala Chemicals & Plastics

1 Day5 Days1 Month6 Months1 Year5 Years
-4.07%-3.27%-5.32%+1.93%-4.50%+173.51%

Given that other income (₹1,323.46 lakh) significantly outpaced income from operations (₹1,783.31 lakh), what is the sustainability of this income mix and could over-reliance on non-operational income pose a risk to future earnings quality?

With the Tradable Items segment generating nearly three times the revenue of the Plastic Sheets segment, is the company strategically shifting away from its core manufacturing business, and how might this affect long-term margins?

How might rising raw material costs or global plastic industry headwinds impact Tainwala Chemicals' ability to sustain its impressive profit growth trajectory into FY2026-27?

Tainwala Chemicals & Plastics
View Company Insights
View All News
like16
dislike

Tainwala Chemicals appoints internal and tax auditors

1 min read     Updated on 21 May 2026, 04:38 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Tainwala Chemicals and Plastics (India) Limited has appointed M/s. R. Mohnot & Co. LLP as its internal auditor for the fiscal year 2026-27 and M/s. GMJ & Co. as its tax auditor for the year ended March 31, 2026. Both appointments were approved by the Board of Directors on May 20, 2026, ensuring compliance with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

powered bylight_fuzz_icon
40830689

*this image is generated using AI for illustrative purposes only.

Tainwala Chemicals and Plastics (India) Limited has appointed M/s. R. Mohnot & Co. LLP as its internal auditor for the fiscal year 2026-27. The appointment was made on May 20, 2026, in compliance with the provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. The firm, established in 1981, provides auditing, taxation, and consulting services.

Internal Auditor Details

M/s. R. Mohnot & Co. LLP is a partnership firm based in Jaipur. The firm offers a range of services including financial consultancy, international taxation, transfer pricing, and corporate law matters. The appointment is effective for the FY 2026-27.

Particulars Details
Name of the Firm M/s. R. Mohnot & Co. LLP, Chartered Accountants
Type Partnership
Address C-68, Lal Kothi Scheme, Behind Vidhan Sabha, Jaipur RJ -302015
Email mittalnaren@rmohnotllp.com
Contact +91-9928170500

Tax Auditor Appointment

The company also appointed M/s. GMJ & Co. as its tax auditor to conduct the tax audit for the year ended March 31, 2026. This appointment was also effective from May 20, 2026. M/s. GMJ & Co. is a professionally managed Chartered Accountancy firm established in 1986, focusing on statutory audits, tax audits, and internal audits.

Particulars Details
Name of the Firm M/s. GMJ & Co., Chartered Accountants
Name of the Auditor Mr. Haridas Bhat
Type Partnership Firm
Address 3rd and 4th Floor, Vaastu Darshan, "B" Wing, Above Central Bank of India, Azad Road, Andheri (East), Mumbai - 400 069
Email hari@gmj.co.in
Contact 9820089427

The appointments are part of the company's regulatory compliance requirements. The registered office of Tainwala Chemicals and Plastics (India) Limited is located in Mumbai, Maharashtra.

Historical Stock Returns for Tainwala Chemicals & Plastics

1 Day5 Days1 Month6 Months1 Year5 Years
-4.07%-3.27%-5.32%+1.93%-4.50%+173.51%

How might the appointment of a Jaipur-based internal auditor impact Tainwala Chemicals' operational oversight given its Mumbai headquarters, and could this signal a geographic expansion of business activities?

What specific financial or compliance risks in Tainwala Chemicals' operations might have influenced the selection of R. Mohnot & Co. LLP, given their specialization in international taxation and transfer pricing?

Could the simultaneous appointment of both internal and tax auditors on the same date indicate upcoming significant financial restructuring or regulatory scrutiny for Tainwala Chemicals?

Tainwala Chemicals & Plastics
View Company Insights
View All News
like15
dislike

More News on Tainwala Chemicals & Plastics

1 Year Returns:-4.50%