TIL FY26 net loss of ₹30.86 crore, Q4 shows strong recovery
TIL Limited posted a net loss of ₹30.86 crore for FY26 against a profit of ₹2.90 crore in the previous year, affected by financing costs and a one-time settlement expense of ₹5.58 crore. Total revenue for FY26 was ₹337.36 crore, slightly lower than ₹343.07 crore in FY25, due to a 49% drop in other income, while machine sales grew 4% to ₹265.33 crore. The company resolved legacy tax disputes, secured orders worth ₹274 crore including defence contracts, and acquired Tulip Compression Private Limited to enter the clean energy sector.

*this image is generated using AI for illustrative purposes only.
TIL Limited reported a net loss of ₹30.86 crore for the financial year ended March 31, 2026, compared to a net profit of ₹2.90 crore in the previous year. The company’s board approved the audited financial results during its meeting held on May 29, 2026. While full-year profitability was impacted by financing costs, currency pressure, and one-time settlement expenses, the second half of the year witnessed a strong recovery in core machine sales and sequential EBITDA margin expansion.
Total revenue for FY26 stood at ₹337.36 crore, a nominal decrease from ₹343.07 crore in FY25, primarily due to a 49% decline in other income. However, machine sales grew 4% year-on-year to ₹265.33 crore. The company resolved legacy taxation disputes through the Settlement of Disputes (SOD) scheme, extinguishing a contingent liability of ₹23.12 crore related to entry tax and ₹21.68 crore related to VAT/CST disputes, incurring a one-time expense of ₹5.58 crore.
Key Financial Highlights (Standalone)
| Particulars | Q4 FY26 (₹ Cr) | Q3 FY26 (₹ Cr) | 12M FY26 (₹ Cr) | 12M FY25 (₹ Cr) |
|---|---|---|---|---|
| Total Revenue | 109.43 | 75.77 | 337.36 | 343.07 |
| EBITDA | 10.38 | 3.76 | 18.46 | 40.24 |
| EBITDA % | 9.5% | 5.0% | 5.47% | 11.73% |
| Net Profit / (Loss) | (10.08) | (6.84) | (30.86) | 2.90 |
The company strengthened its order book with significant wins, including a ₹66.75 crore contract from CONCOR and approximately ₹110 crore in orders from the Indian Army and Indian Air Force. TIL also re-entered the high-margin services segment with a ₹30+ crore Operation and Maintenance contract from CONCOR. In a strategic move, the board approved the acquisition of a majority stake in Tulip Compression Private Limited in May 2026, marking TIL’s entry into the clean energy sector.
Operational efficiency improved as the raw material cost ratio reduced from 64.5% in FY25 to 63.9% in FY26. TIL enters FY27 with a total order book of approximately ₹274 crore and a diversified portfolio spanning infrastructure, defence indigenisation, and clean energy engineering.
Historical Stock Returns for TIL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.09% | +1.14% | -7.24% | -31.06% | -40.10% | +231.13% |
How will the acquisition of Tulip Compression Private Limited impact TIL's revenue diversification and profitability in the clean energy sector?
Can the strong recovery in core machine sales and EBITDA margin expansion in the second half of FY26 be sustained into FY27?
What is the expected timeline for monetizing the ₹274 crore order book, and how will it influence cash flows in the coming quarters?


































