Tecil Chemicals and Hydro Power Ltd has received ₹27,15,890 as compensation for land acquired by the State Government for the expansion of MC Road. The amount, deposited by the Special Tahsildar, Land Acquisition (General), Kottayam, was released by the Sub Court, Kottayam, and credited to the company's bank account on June 01, 2026.

The acquisition involves 25.48 cents of land belonging to the company. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following an earlier intimation dated August 05, 2023, regarding the initial deposit of the compensation.

The receipt of funds follows the legal process for land acquisition compensation. Jofin John, Company Secretary and Compliance Officer, confirmed the transaction in the filing submitted to the stock exchanges.

TECIL Chemicals and Hydro Power Limited reported a net loss of ₹42.47 lakh for the financial year ended March 31, 2026, as total expenses outpaced income. The company recorded zero revenue from operations for the year, while total income stood at ₹0.01 lakh. Total expenses for the period rose to ₹42.48 lakh from ₹38.75 lakh in the previous year, driven by employee benefit expenses and other operational costs.

The Board of Directors approved the audited standalone financial statements for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026. The audit committee had previously reviewed and recommended the results. Statutory auditors M/s. S R Pai & Co issued an audit report with an unmodified opinion on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the quarter ended March 31, 2026, the company reported a net profit of ₹16.46 lakh, a reversal from the net loss of ₹10.29 lakh in the corresponding quarter of the previous year. This quarterly profit was achieved despite a total income of only ₹0.01 lakh, as expenses for the quarter were recorded at ₹16.47 lakh. Basic and diluted earnings per share for the year were negative at ₹0.22, compared to ₹0.20 in the prior year.

The balance sheet as of March 31, 2026, shows total assets at ₹433.00 lakh, a decrease from ₹437.27 lakh in the previous year. Non-current assets, primarily property, plant, and equipment, stood at ₹339.12 lakh. The company's equity and liabilities reflected a negative other equity balance of ₹3,763.65 lakh, resulting in a total equity deficit of ₹1,867.28 lakh. Non-current liabilities, consisting entirely of borrowings, amounted to ₹1,292.60 lakh.

Cash flow from operating activities for the year was negative at ₹35.85 lakh, compared to a positive cash flow of ₹66.38 lakh in the previous year. The company reported a net increase in cash and cash equivalents of ₹0.20 lakh during the year, bringing the closing balance to ₹0.59 lakh. The financial statements were prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

Financial Performance Summary