TANFAC Industries Announces Quarterly Financial Results, Sets AGM Date, Appoints New Statutory Auditor
TANFAC Industries Ltd., a joint sector company with TIDCO and Anupam Rasayan India Ltd., has released its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved key corporate decisions, including the date of the upcoming Annual General Meeting (AGM) and the appointment of a new Statutory Auditor.The company provided comprehensive data regarding its performance alongside updates on capital structure changes and major project developments during the recent period.
Financial Highlights for Q1 FY2026
The Board approved the Un-audited Financial Results for the quarter ended June 30, 2026, which were subjected to a limited review by statutory auditors. The financial details for the quarter are presented below:| Particulars | Quarter Ended 30-Jun-26 | Quarter Ended 31-Mar-26 | Quarter Ended 30-Jun-25 | Year Ended 31-Mar-26 |
|---|---|---|---|---|
| Revenue from Operations | 18,717.73 | 19,307.83 | 17,600.27 | 71,107.40 |
| Other Income | 85.10 | 50.86 | 94.68 | 234.29 |
| Total Revenue | 18,802.83 | 19,358.69 | 17,694.95 | 71,341.69 |
| Cost of Raw Materials consumed | 12,679.65 | 12,869.57 | 11,195.07 | 45,346.96 |
| Changes in inventories (Finished Goods, WIP and stock) | (852.39) | (558.19) | (313.24) | (873.67) |
| Employee Benefits Expenses | 712.08 | 630.12 | 781.97 | 2,763.48 |
| Finance Cost | 96.93 | 108.84 | 138.64 | 429.81 |
| Depreciation and Amortisation Expenses | 469.98 | 476.00 | 387.86 | 1,747.06 |
| Power and Fuel | 1,664.66 | 1,360.61 | 1,281.49 | 5,003.68 |
| Other Expenses | 1,656.43 | 1,972.00 | 1,758.32 | 7,660.55 |
| Total Expenses | 16,427.34 | 16,858.95 | 15,230.11 | 62,077.87 |
| Profit Before Tax (PBT) | 2,375.49 | 2,499.74 | 2,464.84 | 9,263.82 |
| Current Tax Expense | 565.09 | 568.21 | 580.49 | 2,102.06 |
| Deferred Tax | 125.44 | 127.81 | 39.23 | 237.57 |
| Profit / (Loss) for the period | 1,684.96 | 1,803.72 | 1,935.20 | 7,014.29 |
Corporate Appointments and Meeting Details
The Board of Directors approved the appointment of M/s Ramasamy Koteswara Rao and Co LLP, Chartered Accountants (ICAI Firm Registration No. 010396S/S200084), as the Statutory Auditors of the Company. This appointment is effective from the conclusion of the 52nd Annual General Meeting (AGM) in 2026 and is for a term of five consecutive years, extending until the conclusion of the 57th AGM in 2031, subject to members’ approval.Furthermore, the Board approved the convening of the Company's 52nd Annual General Meeting on Wednesday, September 23, 2026, which will be conducted via Video Conferencing or other Audio-Visual Means.
Operational and Capital Structure Updates
TANFAC Industries reported several updates regarding its ongoing projects and capital structure evolution:- New Plant: The company approved the setup of a new downstream Fluorinated product plant with a capacity of 20,000 MTA at an estimated cost of Rs. 49,500 Lakhs. This project is currently under implementation and was expected to be commissioned within twelve months.
- QIP Allotment: Following the launch of its Qualified Institutional Placement (QIP), the Fund Raising Committee allotted 12,58,918 equity shares at a price of 1,985.83 each to Qualified Institutional Buyers (QIBs). This allotment generated aggregate funds amounting to Rs. 24,999.97 Lakhs, increasing the paid-up share capital to 1,060.45 Lakhs.
- Share Subdivision: The Board had approved the sub-division of one equity share (face value Rs. 10) into two shares (face value Rs. 5), which was given effect from March 9, 2026.
- Future Fundraising: The Board also approved raising funds up to Rs. 17,349 Lakhs through a private placement, though the issue size was later reduced by the Fund Raising Committee to Rs. 9,941 Lakhs.
Stock Price Movement
TANFAC Industries Ltd. settled at ₹2702.40 on Friday, edging higher by +0.51%.Shares traded within an intraday range stretching from a low of ₹2626.05 to a high of ₹2734.80.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: