Tijaria Polypipes Limited Approves Audited Financials for Q4 and Full Year Ended March 31, 2026
Tijaria Polypipes Limited announced that its Board of Directors approved the audited financial results for the Quarter and Year ended March 31, 2026, following a board meeting held on May 26, 2026. The audited results include the Independent Auditor's Report, Statement of Assets and Liabilities, Cash Flow Statement, and Statement on Impact of Audit Qualifications for the period.Financial Performance Highlights
The company's financials for the year ended March 31, 2026, show several key figures across both standalone and segment reporting.Financial Results (Standalone and Consolidated)
The following table summarizes the key income and expense figures (in Lacs) for the quarter ended March 31, 2026, compared to the unaudited quarter ended December 31, 2025, and the previous year's audited results:
| Particulars | Audited 31.03.2026 | Un-audited 31.12.2025 | Audited 31.03.25 | Audited 31.03.26 | Audited 31.03.25 |
|---|---|---|---|---|---|
| Total Income | 6.60 | 3.49 | 6.13 | 22.29 | 29.78 |
| Total Expenses | 36.52 | 36.07 | 8.36 | 151.01 | 260.24 |
| Profit/(Loss) before tax | -29.92 | -32.58 | -314.44 | -128.72 | -230.46 |
| Profit/(Loss) for the period | -29.92 | 32.58 | -314.44 | -128.72 | -543.01 |
| Total Comprehensive Income/(Loss) | 29.92 | -32.58 | -314.44 | -128.72 | -543.01 |
| Earnings Per Share (Not annualised) | -0.10 | -0.11 | -1.10 | -0.45 | -1.90 |
Segment Revenue and Assets
Analyzing performance across key segments reveals varied trends:
| Segment | Audited 31.03.26 (Loss) | Un-audited 31.12.25 (Loss) | Audited 31.03.25 | Audited 31.03.26 | Audited 31.03.25 |
|---|---|---|---|---|---|
| Pipe | N/A | N/A | 48.54 | -26.53 | 85.58 |
| Textile | -13.19 | -13.43 | 265.46 | -53.34 | 455.64 |
| Profit / (Loss) before tax | -29.92 | -32.57 | 314.43 | -128.72 | -543.00 |
The Balance Sheet, as at March 31, 2026, shows the company's total equity and liabilities:
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Total Non-Current Assets | 1,813.29 | 1,884.56 |
| Total Current Assets | 3,063.82 | 3,563.17 |
| Total Equity | -3,378.97 | -3,250.25 |
| Total Non-Current Liabilities | 5,356.13 | 6,556.13 |
| Total Current Liabilities | 2,899.95 | 2,141.85 |
| Total Equity & Liabilities | 4,877.11 | 5,447.73 |
Cash Flow and Debt Status
The Cash Flow Statement for the audited years shows the following comparative totals:| Activity | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|
| Net Cash from Operating Activities | 5,00,60,775.79 | -5,15,95,717.17 |
| Net Cash Generated / (Used) in Investing Activities | 5,79,207.00 | 14,17,547.00 |
| Net Cash from Financing Activities | -6,160.00 | 4,98,21,538.17 |
| Net Change in Cash & Cash Equivalents | -6,160.00 | -3,56,632.00 |
| Cash & Cash Equivalents as at the end of the Year | 505.32 | 6,665.32 |
Regarding financial debt, the company reported a total financial indebtedness of 54.56 in INR crore, with the entire amount classified as default, encompassing loans and revolving facilities and unlisted debt securities.
Key Audit and Operational Observations
The audit report highlighted several important operational and financial conditions for the company:- Non-Performing Assets (NPA): Bank of India declared NPA to the company on June 30, 2022, effective from November 27, 2020. The total outstanding loan amount and bank guarantee were reported at Rs. 7,173.27 Lacs. The bank has forfeited Equity shares of Promoters/Directors and their relatives, amounting to Rs. 540.27 Lacs, which are shown in the financial statements as Loan against shares forfeited.
- Operational Status: During the quarter, the company was not producing goods. Furthermore, the management noted that the Textile and Pipe Divisions experienced production shutdown, leading to associated financial adjustments.
- Receivables: The company reported total outstanding receivables and advances to Suppliers of Rs. 2,517 lacs as of December 31, 2025. The auditors noted that independent balance confirmation for the majority of these outstanding loans and advances was not received, and no interest was accrued on these advances.
In a related party transaction statement, the company reported unsecured loans outstanding as of March 31, 2026, at 838.19 lakhs, with a stable related party outstanding amount of 292.76 lakhs.
TIJARIA Stock Price Movement
Shares of Tijaria Polypipes Limited today slipped by 3.66% to settle at ₹4.51. The stock finished the session with a total traded volume of 3,713 shares.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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