Tirupati Foam FY26 net profit falls 10% to ₹192.46 crore

1 min read Updated on 29 May 2026, 06:11 PM

Reviewed by

Riya DScanX News Team

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Tirupati Foam reported a 10% decline in net profit to ₹192.46 crore for the financial year ended March 31, 2026, while revenue from operations fell 10.4% to ₹9,500.53 crore. The board approved the audited standalone financial results for the fourth quarter and full year on May 29, 2026, along with an omnibus approval for non-material related party transactions.

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

Tirupati Foam reported a 10% decline in net profit to ₹192.46 crore for the financial year ended March 31, 2026, compared to ₹213.75 crore in the previous year, as revenue from operations fell 10.4% to ₹9,500.53 crore. The board of directors approved the audited standalone financial results for the fourth quarter and full year on May 29, 2026, following a recommendation by the audit committee.

For the quarter ended March 31, 2026, the company posted a net profit of ₹51.31 lakh, a decrease from ₹62.35 lakh in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹2,437.88 lakh, down from ₹2,772.99 lakh in the same period last year. Total income for the year declined to ₹9,537.66 lakh from ₹10,652.68 lakh in FY25.

The board also took note of the omnibus approval of non-material related party transactions by the audit committee and approved changes in the category of non-executive directors and non-independent directors over the MCA Portal. The meeting commenced at 3:00 PM and concluded at 4:10 PM.

The statutory auditors, M/s F P & Associates, issued an audit report with an unmodified opinion on the audited financial results. The financial statements were prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The company operates a single business segment.

Basic and diluted earnings per share (EPS) for the year stood at ₹4.37, compared to ₹4.85 in the previous year. The paid-up equity share capital remained constant at ₹440.70 lakh with a face value of ₹10 per share.

Historical Stock Returns for Tirupati Foam

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.28%	-0.55%	+3.93%	+1.58%	-28.96%	+67.86%

What strategic initiatives will Tirupati Foam implement to reverse the decline in revenue and net profit for the upcoming fiscal year?

How are changing raw material costs and market demand expected to impact the company's profitability in the near term?

Will the company consider revising its dividend policy given the drop in earnings per share?

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Tirupati Foam board to meet on May 29 for FY26 results

1 min read Updated on 22 May 2026, 12:05 AM

Reviewed by

Shriram SScanX News Team

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Tirupati Foam Limited will hold its first board meeting for FY26 on May 29, 2026, to consider audited financial results for the year ended March 31, 2026. The board will also approve changes to the designation of three directors from Independent to Promoter category. The trading window remains closed until 48 hours post-results declaration.

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

Tirupati Foam Limited has announced that its first board meeting for the financial year 2026-2027 will be held on May 29, 2026. The meeting is scheduled to take place at 3.00 PM to consider and approve the audited financial results for the year ended March 31, 2026. This intimation was made pursuant to Regulation 29 (1) (a) of the SEBI (Listing Obligation & Disclosure Requirement) Regulations, 2015.

In addition to the financial results, the board will discuss the approval for a change in the category of non-executive and non-independent directors on the MCA portal. The specific details regarding the directors whose categories are being updated have been provided in an annexure to the regulatory filing.

The company has also informed the exchanges about the closure of its trading window. Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's shares has been closed from April 1, 2026, for designated persons and their immediate relatives. The window will remain closed until 48 hours after the declaration of the financial results.

Director Category Changes

The board will approve the reclassification of three directors from Non-Executive and Independent to Non-Executive and Promoter. The changes involve the following individuals:

SR NO	NAME AND DIN	DESIGNATION & CATEGORY	UPDATED CATEGORY
1	VENIBHAI BHUDARJI PUROHIT DIN: 00155932	NON-EXECUTIVE DIRECTOR AND INDEPENDENT	NON-EXECUTIVE DIRECTOR AND PROMOTER
2	MUKESHKUMAR BABULAL SHAH DIN: 01711956	NON-EXECUTIVE DIRECTOR AND INDEPENDENT	NON-EXECUTIVE DIRECTOR AND PROMOTER
3	MINABEN ROSHANKUMARSANGHAVI DIN: 07165856	NON-EXECUTIVE DIRECTOR AND INDEPENDENT	NON-EXECUTIVE DIRECTOR AND PROMOTER

Historical Stock Returns for Tirupati Foam

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.28%	-0.55%	+3.93%	+1.58%	-28.96%	+67.86%

How will the reclassification of three independent directors to promoter category impact Tirupati Foam Limited's corporate governance structure and its compliance with SEBI's minimum independent director requirements?

What are the potential implications for minority shareholders if the promoter group's board representation increases significantly following these director category changes?

How might Tirupati Foam Limited's audited financial results for FY2026 reflect the company's performance amid broader challenges in the foam and polymer industry?