TBI Corn Limited Announces Audited Financial Results for Half Year and Year Ended March 31, 2026
TBI Corn Limited (formerly known as The Best India) announced the approval of its audited Standalone and Consolidated Financial Results for the half year and year ended March 31, 2026. The financial results were approved by the Board of Directors during a meeting held on May 29, 2026.The company released comprehensive financial statements detailing its performance, including a summary of the Profit and Loss statement, Balance Sheet, Cash Flow Statement, and a declaration regarding the utilization of Initial Public Offer (IPO) proceeds.
Financial Performance Overview
The audited financial results provide a detailed look at the company's operations for the fiscal year 2025-2026.Standalone Financial Highlights (Rs. in lakhs):
The Standalone financial results show key revenue and expense figures for the half year ended March 31, 2026, compared to previous periods.
| Particulars | Half Year Ended 31/3/2026 (Audited) | Half Year Ended 30/9/2025 (Unaudited) | Half Year Ended 31/3/2025 (Audited) | Year Ended 31/3/2026 (Audited) | Year Ended 31/3/2025 (Audited) |
|---|---|---|---|---|---|
| Revenue from operations | 16664.34 | 13669.80 | 11762.42 | 30334.14 | 21160.03 |
| Total Income | 16699.34 | 13728.09 | 11891.94 | 30427.44 | 21370.87 |
| Total Expenses | 15623.83 | 12358.56 | 11078.88 | 27982.38 | 19542.63 |
| Profit / (Loss) for the period from continuing operations | 811.19 | 1024.85 | 611.53 | 1836.04 | 1363.29 |
Consolidated Financial Highlights (Rs. in lakhs):
The consolidated results provide an aggregated view of the Group's operations.
| Particulars | Half Year Ended 31/3/2026 (Audited) | Half Year Ended 30/9/2025 (Unaudited) | Consolidated 31/3/2025 (Audited) |
|---|---|---|---|
| Total Income from Operations (net) | 16735.70 | 13728.09 | 21386.81 |
| Total Expenses | 15635.55 | 12358.56 | 19558.54 |
| Net Profit / (Loss) from Continuing Operations | 835.82 | 1024.85 | 1363.32 |
Key Financial Statements (As at March 31, 2026 vs. March 31, 2025):
The consolidated financial position shows the total equity and liabilities and assets of the Group.
| Particulars | As at 31/03/2026 (Audited) (Rs. in Lakhs) | As at 31/03/2025 (Audited) (Rs. in Lakhs) |
|---|---|---|
| EQUITY AND LIABILITIES | ||
| Share Capital | 1,815.84 | 1,815.84 |
| Other Equity | 10,183.87 | 8,323.67 |
| Minority Interest | 1.04 | 0.00 |
| TOTAL EQUITY AND LIABILITIES | 24,028.57 | 18,019.43 |
| ASSETS | ||
| Property, Plant and Equipment | 2,028.60 | 1,654.76 |
| Capital work in progress | 1,268.27 | 722.85 |
| Inventories | 8,445.69 | 7,033.02 |
| Trade Receivables | 7,674.10 | 4,568.65 |
| Cash & Cash Equivalents | 1,910.10 | 42.84 |
Initial Public Offer Proceeds Utilization
The company also confirmed the utilization status of the funds raised during its Initial Public Offer (IPO). The IPO saw a total amount raised of Rs. 4,493.99 Lakhs.The utilization summary is detailed below:
| Objects of the Issue | Amount Disclosed (Rs. In Lakhs) | Amount Utilized (Rs. in Lakhs) | Amount Unutilized (Rs. in Lakhs) |
|---|---|---|---|
| Expansion of Existing Unit | 1680 | 1595 | 85 |
| To Meet Incremental Working Capital Requirement | 1700 | 1700 | 0 |
| General Corporate Purposes | 894.45 | 894.45 | 0 |
| Public Issue Related Expenses | 219.54 | 219.54 | 0 |
| Total | 4493.99 | 4408.99 | 85 |
As of March 31, 2026, the company reported that it had not utilized any amount out of the IPO proceeds, with an unutilized balance of Rs. 85 Lakhs.
Cash Flow Highlights
The consolidated cash flow statement tracked the cash movements for the period.| Activity | 01-04-2025 to 31-03-2026 (Audited) (Rs. in Lakhs) | 01-04-2024 to 31-03-2025 (Audited) (Rs. in Lakhs) |
|---|---|---|
| Net Cashflow generated from Operating Activities | 3,341.18 | (2,955.75) |
| Net Cashflow generated from Investments Activities | (1,226.02) | (1,220.36) |
| Net Cashflow generated from Financing Activities | (1,124.46) | 4,156.51 |
| Net Change in Cash &Cash Equivalents (A+B+C) | 1,867.25 | (1.83) |
| Closing Cash &Cash Equivalents | 1,910.10 | 25.08 |
TBI Stock Price Movement
On Friday, TBI Corn Limited shares edged higher, gaining 1.28% to close at ₹67.1. The stock finished the session on a relatively high volume, with total traded shares reaching 21,000.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.
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