Tandhan Industries Reports Financial Results and Issues Corrigendum to Consolidated Cash Flow Statement

Tandhan Industries Reports Financial Results and Issues Corrigendum to Consolidated Cash Flow Statement

Tandhan Industries Reports Financial Results and Issues Corrigendum to Consolidated Cash Flow Statement​

Tandhan Industries Limited, formerly known as Sanmitra Commercial Limited, has released its Audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended March 31, 2026. The company also issued a corrigendum regarding the submission of the Consolidated Cash Flow Statement, which was previously noted due to format discrepancies.

The results were approved by the Board of Directors on May 30, 2026. Concurrently, the company announced the appointment of M/s Baid & Gupta, Chartered Accountants, as an Internal Auditor for the financial year 2026-27. Furthermore, statutory auditors Laxmikant Kabra & Co LLP confirmed that the Standalone Financial Results were issued with an unmodified opinion.

Key Updates and Operational Highlights​

The company’s consolidated results reflect the integration of Tandhan Polyplast Limited, which was acquired through a swap of shares. This marks the first year in which consolidated financial statements are being reported for the current quarter.

In addition to the financial outcomes, the Board also approved the appointment of M/s Baid & Gupta as Internal Auditor. Details regarding the firm’s profile and appointment date were disclosed.

The company subsequently issued a corrigendum addressing the non-submission of the Consolidated Cash Flow Statement in both PDF and XBRL formats, stating that this omission was unintentional. The revised results have been furnished to ensure complete compliance with record keeping requirements.

Financial Performance Snapshot (Standalone)​

The Standalone financial performance shows significant changes across the audited period ending March 31, 2026. A summary of key metrics is provided below:

ParticularsQ ended 31.03.2026 (Audited)FY ended 31.03.2026 (Audited)
Total Revenue(1.77)13.77
Profit/(Loss) from ordinary activities after tax(19.83)(19.26)
Paid up Equity Share Capital (Face Value of Rs. 10 each)4,977.254,977.25

The Standalone Statement of Assets and Liabilities as on March 31, 2026, detailed the company's assets at 11,853.33 Lakhs, against total equity and liabilities of the same amount. Cash and Cash Equivalents stood at 9.19 Lakhs.

Consolidated Financial Performance​

The consolidated results reflect a substantially different financial picture compared to the standalone figures, with operations involving both the holding company and its subsidiary, Tandhan Polyplast Limited.

ParticularsFY ended 31.03.2026 (Audited)
Total Revenue9,685.24
Profit/(Loss) from ordinary activities after tax1,084.13

The Consolidated Statement of Assets and Liabilities as on March 31, 2026, showed total assets amounting to 29,525.81 Lakhs. The company's current liabilities included Trade Payables at 1,163.18 Lakhs.

Summary Tables: Financial Statements (Amounts are in Lacs)​

Standalone Financial Results for the quarter and year ended March 31, 2026

ParticularsQ ended 31.03.2026FY ended 31.03.2026
Total Revenue(1.77)13.77
Total Expenses33.0318.26
Profit/(Loss) from ordinary activities before tax(19.26)(19.26)
Profit/(Loss) for the Period(30.22)(17.79)

Consolidated Financial Results for the quarter and year ended March 31, 2026

ParticularsQ ended 31.03.2026FY ended 31.03.2026
Total Revenue9,685.2410,009.69
Profit/(Loss) from ordinary activities before tax1,255.94N/A
Profit/(Loss) for the Period1,083.19N/A

The company's Cash and Cash Equivalents at the end of the year were reported as 9.19 Lakhs on a standalone basis and 3,104.74 Lakhs on a consolidated basis.

Stock Price Movement​

Tandhan Industries Ltd. shares concluded the session on Friday, settling at ₹151.85 after edging higher by 1.98%. The stock maintained volatility throughout the day, trading within an intraday range set between a low of ₹151.00 and a high of ₹151.85.
 

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