Taylormade Renewables Limited has issued a clarification to BSE Limited regarding the significant movement in its share price, responding to the exchange's inquiry dated December 15, 2025. The company addressed concerns about unusual trading activity in its equity shares through a formal communication on December 16, 2025.

Company's Response to Price Movement

The renewable energy company confirmed that there is no undisclosed or price-sensitive information that could be influencing the current share price movement. The management explicitly stated that there are no impending announcements or corporate developments at this point in time that could have a bearing on the price or volume movement of the company's shares.

Market-Driven Fluctuations

Taylormade Renewables Limited emphasized that the company has no role in the recent movement in its share price. The management attributed the fluctuations to purely market-driven factors and external market conditions over which the company has no control or insight. This clarification aims to address any speculation about internal factors driving the price movement.

Regulatory Compliance Assurance

The company reaffirmed its commitment to regulatory compliance, stating that it remains fully compliant with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Taylormade Renewables assured BSE that it will continue to disclose all material events, information, and actions that may impact investors or the market at large in a timely manner.

The communication was signed by Dharmendra Sharad Gor, Managing Director (DIN: 00466349), reinforcing the company's transparency in addressing market inquiries and maintaining investor confidence through proper disclosure practices.

Taylormade Renewables Limited (TRL) has reported significant developments in its Q2 FY2026 results, marking a strategic shift in its business model and financial reporting. The company has introduced a Build-Own-Operate (BOO) Project vertical to complement its existing Product business, while also making important revenue adjustments.

Key Highlights

• Addition of BOO Project vertical to the existing business model
• Strategic revenue adjustment of INR 1,377.20 lakh from Andhra Pradesh
• Subsidiary TEPL achieved a turnover of INR 771.90 lakhs in Q2 FY2026
• Secured a INR 23.90 crore order from SGL Resources
• Proforma EBITDA margin of 29.10% and profit before tax margin of 23.30%

Financial Performance

The company's Q2 FY2026 financial results reflect both the new business addition and strategic adjustments. Here's a breakdown of the key financial metrics:

BOO Vertical Performance

Taylormade Enviro Pvt. Ltd. (TEPL), the company's subsidiary, has shown promising results in the newly established BOO vertical:

• Achieved a turnover of INR 771.90 lakhs in Q2 FY2026
• Capacity utilization at TEPL plant is ramping up as per the business plan
• Profitability is expected to improve as operations stabilize

The company has initiated an upgrade of part capacity to TRL – RAIN technology, which is expected to enable scaling up of new technological offerings in both BOO and Project verticals.

Product Vertical and Future Outlook

TRL has secured a significant order in its Product vertical:

• INR 23.90 crore order from SGL Resources for hazardous wastewater treatment systems
• The order is to be completed within two months from the LOI date

The company expects to achieve its lifetime high revenue in H2 FY2026, driven by growth in both verticals:

1. Product Vertical: Execution of the INR 23.90 crore order from SGL Resources
2. BOO Vertical:
   • Ramp-up of capacity utilization at TEPL
   • Capacity expansion at TEPL from 3 lakh KLPD to 6 lakh KLPD

Management Commentary

The management has expressed appreciation for stakeholder confidence over the past 24 months as TRL pivoted its strategy from EPC-driven expansion to BOO-led growth. They view TEPL's performance as a strong proof of concept for the BOO Vertical, demonstrating its ability to deliver steady growth and cash flows.

Conclusion

Taylormade Renewables' Q2 FY2026 results showcase a company in transition, with strategic adjustments and new business verticals positioning it for potential growth. The addition of the BOO vertical and the strong order book in the Product vertical indicate a diversified approach to revenue generation. However, investors should note that the company's performance in upcoming quarters will be crucial in validating the success of these strategic shifts.