TBI Corn reports FY26 net profit of ₹1836.04 lakh
TBI Corn Limited reported a net profit of ₹1836.04 lakh for FY26, up from ₹1363.29 lakh in FY25, driven by a 43.3% increase in revenue from operations to ₹30334.14 lakh. The board approved the audited standalone and consolidated financial results on May 29, 2026, with statutory auditors issuing an unmodified opinion. Consolidated net profit rose to ₹1860.67 lakh. The company utilized ₹4408.99 lakh of its IPO proceeds, leaving ₹85 lakh unutilized. Total assets increased to ₹23583.56 lakh, while cash and cash equivalents surged to ₹1828.93 lakh.

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TBI Corn Limited reported a net profit of ₹1836.04 lakh for the year ended March 31, 2026, a significant increase from ₹1363.29 lakh in the prior year, driven by a rise in revenue from operations to ₹30334.14 lakh. The company’s board approved the audited standalone and consolidated financial results for the half year and year ended March 31, 2026 during a meeting held on May 29, 2026. The statutory auditors, M/s. GMCA & Co., issued an unmodified opinion on the results.
Standalone Financial Performance
For the full year, the company recorded a total income of ₹30427.44 lakh, up from ₹21370.87 lakh in the previous year. Total expenses for the period stood at ₹27982.38 lakh compared to ₹19542.63 lakh in FY25. Profit before tax for the year was ₹2445.05 lakh, while the tax expense amounted to ₹609.01 lakh. Earnings per share (EPS) for the year increased to ₹10.11 from ₹7.51 in the previous year.
| Particulars | Year Ended 31/3/2026 (₹ in lakhs) | Year Ended 31/3/2025 (₹ in lakhs) |
|---|---|---|
| Revenue from operations | 30334.14 | 21160.03 |
| Total Income | 30427.44 | 21370.87 |
| Total Expenses | 27982.38 | 19542.63 |
| Profit before tax | 2445.05 | 1828.25 |
| Net Profit | 1836.04 | 1363.29 |
| Earnings Per Share (Basic) | 10.11 | 7.51 |
Consolidated Results
On a consolidated basis, the group reported a net profit of ₹1860.67 lakh for the year ended March 31, 2026, compared to ₹1363.32 lakh in the previous year. Total income from operations rose to ₹30463.79 lakh from ₹21386.81 lakh. The consolidated financial results include the performance of subsidiaries such as Agri pivot Venture Private Limited, Dhar Venture Private Limited, and Revita Starch Private Limited.
IPO Proceeds Utilization
The company provided a utilization certificate for its Initial Public Offer (IPO) proceeds, which totaled ₹4493.99 lakh. As of March 31, 2026, the company had utilized ₹4408.99 lakh, with ₹85 lakh remaining unutilized and lying in the company’s Cash Credit Account. The funds were primarily deployed for the expansion of the existing unit and meeting incremental working capital requirements.
| Objects of the Issue | Amount Disclosed (₹ in Lakhs) | Amount Utilized (₹ in Lakhs) |
|---|---|---|
| Expansion of Existing Unit | 1680.00 | 1595.00 |
| To Meet Incremental Working Capital Requirement | 1700.00 | 1700.00 |
| General Corporate Purposes | 894.45 | 894.45 |
| Public Issue Related Expenses | 219.54 | 219.54 |
| Total | 4493.99 | 4408.99 |
Financial Position
As of March 31, 2026, the company’s total assets stood at ₹23583.56 lakh, compared to ₹18002.48 lakh in the previous year. Shareholders' equity increased to ₹11975.52 lakh from ₹10139.48 lakh. Cash and cash equivalents surged to ₹1828.93 lakh from ₹25.08 lakh, reflecting improved liquidity from operations.
Historical Stock Returns for TBI Corn
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.23% | +5.77% | +2.31% | -19.26% | -37.98% | -66.93% |
How does TBI Corn Limited plan to deploy the remaining ₹85 lakh in unutilized IPO funds?
What is the company's strategy for sustaining revenue growth following the completion of the unit expansion?
Will the improved liquidity position lead to higher dividend payouts or further capital investments?


























