TCI Finance reported a net loss of ₹178.35 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹358.13 lakh in the previous year. The company's total income for the year stood at ₹48.37 lakh, a significant decline from ₹673.38 lakh in FY25. The statutory auditors, G.D. Upadhyay & Co., issued a qualified opinion on the financial results, highlighting material uncertainties regarding the company's ability to continue as a going concern and the non-recognition of significant liabilities.

The board approved the audited standalone financial results for the fourth quarter and fiscal year ended March 31, 2026, at a meeting held on May 25, 2026. The meeting was conducted pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board also approved the book closure from August 21, 2026, to August 27, 2026, and the convening of the 52nd Annual General Meeting (AGM) on August 27, 2026, through video conferencing.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net profit of ₹10.50 lakh, a sharp decrease from ₹453.04 lakh in the corresponding quarter of the previous year. Total income for the quarter was ₹48.14 lakh, down from ₹666.21 lakh in Q4 FY25. The basic earnings per share (EPS) for the year stood at a negative ₹1.39, compared to a positive ₹2.78 in the previous year.

Audit Qualifications and Risks

The auditors qualified their opinion regarding the company's corporate guarantees to Amrit Jal Ventures Private Limited and its subsidiary. Lenders have invoked guarantees aggregating to ₹25,619.80 lakh, with claims of ₹17,820.89 lakh outstanding. The company has disclosed this as a contingent liability, but the auditors stated that the liability ought to have been recognised in the books, which would increase the loss for the year by ₹17,820.89 lakh.

Furthermore, the auditors emphasised that the preparation of financial statements on a going concern basis is not appropriate due to substantial exposures to entities where loans, guarantees, or investments have been adversely affected. The management stated it is identifying alternatives to revive the company. Additionally, the Reserve Bank of India (RBI) has directed the company to surrender its Certificate of Registration for voluntary deregistration as an NBFC due to non-maintenance of minimum Net Owned Funds; the company has filed a writ petition in the Hon'ble High Court of Telangana against this notice, and an interim stay is in force.

The trading window for dealing in equity shares, which was closed from April 1, 2026, will reopen 48 hours after the declaration of the audited financial results.

TCI Finance Limited has completed its quarterly regulatory compliance by submitting the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission demonstrates the company's adherence to securities market regulations and transparency requirements.

Regulatory Compliance Details

The certificate confirms that TCI Finance Limited has furnished all required details of securities dematerialized and rematerialized during Q4 FY26 to the stock exchanges where its shares are listed. This quarterly reporting requirement ensures transparency in the movement of securities between physical and electronic form.

Stock Exchange Communications

The compliance certificate was formally communicated to both major stock exchanges where TCI Finance shares are traded. The company maintains listings on BSE Limited and National Stock Exchange of India Limited, ensuring comprehensive market coverage.

Registrar Confirmation

KFin Technologies Private Limited, serving as the Registrar to an Issue and Share Transfer Agent for TCI Finance Limited, provided confirmatory letters dated April 1, 2026. These letters were addressed to both Central Depository Services (India) Limited and National Securities Depository Limited, certifying compliance with the regulatory requirements.

The confirmation letters were signed by Bhaskar Roy, Deputy Vice President at KFin Technologies Limited, validating that all necessary details regarding securities dematerialization and rematerialization activities have been properly reported to the relevant stock exchanges.

Corporate Governance

This quarterly submission reflects TCI Finance Limited's commitment to maintaining proper corporate governance standards and regulatory compliance. The timely filing of the certificate demonstrates the company's systematic approach to meeting SEBI requirements and maintaining transparency with market participants and regulatory authorities.