Tulasee Bio-Ethanol reports FY26 net loss of ₹17.94 lakh

Tulasee Bio-Ethanol Limited announced its audited financial results for the fiscal year ended March 31, 2026. The company reported a net loss of ₹17.94 lakh for the year, compared to a loss of ₹12.96 lakh in the previous fiscal year. For the quarter ended March 31, 2026, the net loss stood at ₹3.65 lakh. Revenue from operations remained zero for both the quarter and the year under review.

Financial Performance

Total expenses for the year ended March 31, 2026, were ₹17.94 lakh, up from ₹12.96 lakh in the prior year. Other expenses constituted the primary component of these costs. The basic earnings per share (EPS) for the year was a loss of ₹0.30.

Balance Sheet Highlights

As of March 31, 2026, the company's total assets were valued at ₹842.13 lakh, a marginal increase from ₹840.94 lakh in the previous year. Non-current assets accounted for ₹485.92 lakh, while current assets stood at ₹356.21 lakh. On the liabilities side, total equity decreased to ₹51.86 lakh from ₹69.80 lakh in the previous year. Non-current liabilities rose to ₹757.16 lakh from ₹738.46 lakh.

Auditor's Report

The statutory auditors, A. C. Jhaveri & Associates, issued an unmodified opinion on the financial statements. The report confirmed compliance with the Indian Accounting Standards (Ind AS) and the Companies Act, 2013. The auditors also noted that the company has not declared any dividend during the year.

Detail	Information
Meeting Date	May 20, 2026
Financial Period	Quarter and year ended March 31, 2026
Net Loss (FY26)	₹17.94 lakh
Basic EPS (FY26)	(₹0.30)
Auditor's Opinion	Unmodified

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+4.97%	+27.54%	-51.14%	+66.72%	+65.48%

Tulasee bio-ethanol Limited has formally notified BSE Limited that it does not meet the criteria for Large Corporate classification under SEBI regulations for the financial year ended March 31, 2026. The communication was made through an official undertaking dated April 4, 2026, addressed to the Corporate Relationship Department of Bombay Stock Exchange Limited.

Regulatory Compliance Under SEBI Circular

The undertaking was submitted in compliance with SEBI circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, which establishes criteria for Large Corporate classification. The company confirmed that its equity shares are listed on BSE Limited under the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, with company code 524514.

Key Financial Parameters

The company provided specific financial details to support its non-Large Corporate status:

Parameter	Status
Outstanding Long-term Borrowing	Less than Rs. 100 crores
Credit Rating for Credit Facilities	NIL
Equity Shares Listing	BSE Limited
Company Code	524514

Management Declaration

The undertaking was signed by Mr. Kapil Nagpal, Managing Director of Tulasee Bio-Ethanol Limited, bearing DIN 01929335. The document carries the official company stamp and signature, emphasizing the formal nature of this regulatory communication.

Company Background

Tulasee Bio-Ethanol Limited operates from its registered office located at Plot No. 41/3 & 41/5, Village Lohop, Lohop Chowk Road, Tal. Khalapur – 410 202, Dist. Raigad, Maharashtra. The company holds CIN L24115MH1988PLC048126 and was incorporated in 1988.

This declaration ensures the company remains compliant with SEBI's regulatory framework while confirming its current financial position does not warrant Large Corporate classification for FY26.