Tejas Cargo India Limited Approves Annual Financial Results and Board Appointments
Tejas Cargo India Limited announced several significant board resolutions and financial results following its board meeting held on Wednesday, May 27, 2026. The board approved the audited standalone and consolidated financial results for the year ended March 31, 2026, along with comparative financials for the half year ended on the same date.The company also formalized key appointments, including the re-appointment of its Internal Auditor and the appointment of a Secretarial Auditor for the ensuing financial year.
Financial Reporting and Audit Findings
The Board of Directors approved the Annual Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026, alongside the corresponding Audit Reports.Audit reports confirm that the Standalone and Consolidated Financial Results for the year ended March 31, 2026, reflect an unmodified opinion.
Financial Highlights (Amounts in Lakhs, unless otherwise stated):
The comprehensive annual financial statements provide the following comparisons for key metrics:
| Particulars | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|
| Total Revenue from Operations (Consolidated) | 62,871.89 | 50,129.30 |
| Total Income (Consolidated) | 63,650.31 | 50,823.67 |
| Total Expenses (Consolidated) | 60,829.77 | 48,237.69 |
| Profit for the Period (Consolidated) | 2,093.03 | 1,913.60 |
| Earning per Share (Consolidated) | 8.76 | 10.50 |
Standalone Financial Status:
The standalone results for the year ended March 31, 2026, showed a total income of 63,610.68 lakhs and total expenses of 60,797.34 lakhs, resulting in a profit for the period of 2,087.64 lakhs.
Key Financial Positions (Standalone Balance Sheet, in Lakhs):
| Particulars | 31.03.2026 | 31.03.2025 |
|---|---|---|
| Share Capital | 2,389.28 | 2,389.28 |
| Reserves and Surplus | 16,930.00 | 14,932.34 |
| Total Equity and Liabilities | 44,732.52 | 36,001.32 |
| Property, Plant and Equipment | 19,022.93 | 15,300.84 |
| Inventories | 913.96 | 245.51 |
| Trade Receivables | 11,825.65 | 7,806.10 |
| Cash and Cash Equivalents | 1,893.49 | 4,191.75 |
Governance and Board Resolutions
During the board meeting, the company addressed key governance and operational areas:- Audit Appointments: The board approved the re-appointment of Ms. Aarti Arora, Chartered Accountants, as the Internal Auditor of the Company for the Financial Year 2026-27. Additionally, M/s Abhishek Gupta & Associates (FRN: S2013DE223400), Practicing Company Secretaries, were appointed as the Secretarial Auditor for the financial year ending on March 31, 2027.
- Shareholder Proposal: The board also passed a resolution to issue a Notice of Postal Ballot seeking Shareholders' Approval for increasing the Company's borrowing powers and creating charges/security against such borrowings.
Operational Updates
The company's cash flow analysis for the year ended March 31, 2026, detailed robust cash generation, with cash generated from operations amounting to 6,628.25 lakhs, compared to 7,008.46 lakhs in the previous year.The company’s audited financial results for the year and consolidated results for the half-year are available for public review.
TEJASCARGO Stock Price Movement
On Wednesday, Tejas Cargo India Limited shares settled flat to close at ₹380.00, registering no change for the session. The stock remained range-bound throughout the day, holding steady against its prior market closing level.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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