Taylormade Renewables Limited has announced its financial results, showcasing a robust performance despite facing some challenges. The company reported a net profit of INR 1060.94 Lacs, demonstrating its resilience in the renewable energy sector.

Financial Highlights

Despite the impressive net profit, it's worth noting that the company had to write off bad debts amounting to INR 342.94 Lacs, which impacted the overall financial results.

Technological Advancements

Taylormade Renewables has made significant strides in technological innovation. The company introduced several cutting-edge technologies:

1. Ethanol recovery with highest purity
2. Spent wash concentration technology
3. Improvements in sugar manufacturing processes

These advancements are expected to enhance the company's operational efficiency and maintain its competitive edge in the renewable energy market.

Dairy Industry Innovation

In a move to diversify its offerings, Taylormade Renewables developed the Paneer Plus plant. This innovative solution aims to increase Paneer yield by 20% for the dairy industry, potentially opening new revenue streams for the company.

Ongoing Projects and Future Outlook

The company reported progress on its Andhra Pradesh water infrastructure project, having provided advances to vendors for material procurement. However, some expected work order awards were put on hold due to Central Government elections. The company anticipates that these orders may be processed in the current financial year, potentially contributing to future growth.

Audit Opinion

It's noteworthy that the auditors have issued an unmodified opinion on the annual audited standalone financial results, providing assurance on the accuracy and reliability of the financial statements.

Taylormade Renewables' performance demonstrates its ability to navigate challenges while continuing to innovate and expand its technological capabilities. The company's focus on diversification and infrastructure projects suggests a strategic approach to long-term growth in the renewable energy sector.

Taylormade Renewables Limited, a company specializing in renewable energy solutions, has announced plans to raise ₹6.68 crore through the issuance of convertible warrants to non-promoter investors. The decision, approved by the company's board on October 17, 2025, is subject to shareholder approval at an Extraordinary General Meeting (EGM) scheduled for November 15, 2025.

Key Details of the Warrant Issue

• Number of Warrants: 3,00,000 fully convertible warrants
• Issue Price: ₹222.50 per warrant
• Conversion Ratio: Each warrant is convertible into one equity share
• Conversion Period: Within 18 months from the date of allotment
• Allottees: Three non-promoter investors

Proposed Allotment

Utilization of Funds

The company plans to use the proceeds for:

1. Implementing and commercializing its patented sugar manufacturing technology
2. Manufacturing pilot-scale sugar processing plants
3. Conducting demonstrations and field-scale implementations
4. Marketing and business development activities
5. General corporate purposes, including research and development

Pricing and Valuation

The warrant issue price of ₹222.50 was determined based on:

1. The 90-day volume-weighted average price (VWAP) on BSE
2. An independent valuation report by CA Jainam Hitesh Shah, Registered Valuer

Voting and Conversion Details

• Cut-off Date for Voting Eligibility: November 7, 2025
• Remote E-voting Period: November 12-14, 2025
• Conversion Option: Allottees can convert warrants into equity shares within 18 months of allotment

Impact on Shareholding

Post-issue, assuming full conversion of warrants:

• Promoter Holding: Expected to decrease from 58.25% to 56.87%
• Public Shareholding: Expected to increase from 41.75% to 43.13%

Taylormade Renewables Limited has stated that there will be no change in control consequent to the preferential issue.

This strategic move by the company aims to strengthen its position in the renewable energy sector, particularly in sugar manufacturing technology. The successful implementation of this fundraising initiative may potentially enhance the company's technological capabilities and market presence in the coming years.