Tirupati Sarjan Limited has released its unaudited financial results for the third quarter ended December 31, 2025, showing mixed performance with revenue growth but a decline in net profit compared to the previous year.

Financial Performance Overview

The company reported total revenue of Rs. 6,911.61 lakhs for Q3FY26, representing a significant increase from Rs. 5,386.70 lakhs recorded in Q3FY25. However, net profit decreased to Rs. 141.23 lakhs from Rs. 152.38 lakhs in the corresponding quarter of the previous year.

Revenue Breakdown by Business Segments

The company's revenue streams showed varied performance across different divisions. The tender division emerged as the primary growth driver, while the construction business segment experienced fluctuations.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Tirupati Sarjan achieved total revenue of Rs. 13,826.89 lakhs compared to Rs. 14,486.76 lakhs in the corresponding period of FY25. The company reported net profit of Rs. 350.68 lakhs for the nine-month period versus Rs. 380.99 lakhs in the previous year.

Expense Management

Total expenses for Q3FY26 stood at Rs. 6,713.11 lakhs compared to Rs. 5,187.99 lakhs in Q3FY25. Key expense categories included cost of material consumed at Rs. 1,589.29 lakhs and cost of construction at Rs. 2,783.66 lakhs. The company reported an increase in inventories of Rs. 1,999.35 lakhs during the quarter.

Earnings Per Share and Capital Structure

The company maintained its equity share capital at Rs. 1,649.01 lakhs with a face value of Rs. 5 per share. Basic earnings per share for Q3FY26 was Rs. 0.43 compared to Rs. 0.46 in Q3FY25, while diluted EPS remained stable at Rs. 0.54.

Board Approval and Compliance

The financial results were approved by the Audit Committee on February 14, 2026, and subsequently taken on record by the Board of Directors. The results comply with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Tirupati Sarjan Limited has issued a crucial notice to its shareholders regarding unclaimed dividends and potential share transfers to the Investor Education and Protection Fund (IEPF). This move underscores the importance of shareholder vigilance in maintaining their investments.

Key Points of the Notice

Implications for Shareholders

1. Urgent Action Required: Shareholders who haven't claimed their dividends for the specified periods must act promptly to retain their shares.

2. Document Submission: Affected shareholders need to submit their KYC documents and formal request letters to the company.

3. Potential Loss of Shares: Failure to respond by the deadline will result in the transfer of shares to the IEPF Authority.

4. Corporate Benefits at Risk: Along with shares, all accrued corporate benefits will be credited to the IEPF Authority if left unclaimed.

5. Voting Rights Impact: Voting rights on transferred shares will remain frozen until rightful owners claim them back.

Steps for Shareholders

1. Review dividend claim status for FY 2014-15 and 2016-17.
2. If dividends are unclaimed, prepare necessary KYC documents.
3. Draft a formal request letter to the company.
4. Submit all required documents before March 02, 2026.

Broader Context

This action by Tirupati Sarjan Limited is in compliance with Section 124(6) of the Companies Act, 2013, and the Investor Education and Protection Fund Authority Rules. It's a reminder of the importance of regular engagement with one's investments and the potential consequences of neglecting to claim dividends over extended periods.

Shareholders should view this as an opportunity to update their records and ensure they remain active participants in the company's financial activities. It also highlights the need for investors to stay informed about their holdings and respond promptly to company communications.

For those who may have already lost their shares to IEPF, there is still recourse. Shares transferred to IEPF can be reclaimed by filing an online application in Form IEPF-5, available on the Ministry of Corporate Affairs website.

This situation serves as a crucial lesson for all investors about the importance of maintaining up-to-date records and actively managing their investment portfolios to avoid potential losses due to administrative oversights.