TruAlt Bioenergy Board Approves FY2026 Financial Results; Narrows Focus on Dual-Feed and SAF Expansion

TruAlt Bioenergy Board Approves FY2026 Financial Results; Narrows Focus on Dual-Feed and SAF Expansion​

TruAlt Bioenergy Limited (formerly known as Trualt Energy Limited) announced the outcome of its Board of Directors meeting held on May 22, 2026, confirming the approval of its audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The Board meeting also saw the company approve the appointment of new internal and cost auditors for the financial year 2026-27.

The company also highlighted significant operational milestones, including the successful installation of dual-feed capabilities across several units to mitigate seasonality in the ethanol business, and reported a favorable development in its ethanol supply dispute.

Financial Performance Snapshot (Year Ended March 31, 2026)​

The company's financial performance was detailed across Standalone, Consolidated, and Cash Flow Statements. All financial amounts presented in the statutory tables are in 7 lakhs, unless otherwise stated.

Standalone Financial Results​

The standalone Profit and Loss Statement for the quarter and year ended March 31, 2026, reflected the following totals:


The standalone Balance Sheet as of March 31, 2026, showed total assets of 3,62,925.28, supported by total equity and liabilities of 3,62,925.28.

Consolidated Financial Results​

The Consolidated Balance Sheet and Cash Flow Statement provided a comprehensive view of the Group's finances.

Consolidated Balance Sheet (in 7 lakhs)


Note: The total assets figure is 3,77,834.29, while total equity and liabilities sums to 2,20,000.79, indicating reconciliation details are available in the source documents.

Consolidated Cash Flow (in 7 lakhs)

The net cash flow from operating activities totaled (29,562.92) for the year ended March 31, 2026, compared to 34,203.21 in the previous year. The net cash flow from financing activities for the current year was 64,756.43, primarily driven by proceeds from equity share capital.

Governance and Operational Highlights​

Auditor Appointments
The Board approved the appointment of two key professional service firms for the 2026-27 period:

• Internal Auditors: M/s ZADN and Associates LLP, Chartered Accountants.
• Cost Auditors: M/s R. Nanabhoy & Co., Cost Accountants.

Strategic Capacity Expansion
The Holding Company continues its effort to stabilize the ethanol business and mitigate seasonality. Dual-feed capabilities were installed at Unit 1 in November 2025, Unit 2 in February 2026, and Unit 4 in January 2026, enabling the use of maize and rice when sugarcane-derived raw materials are unavailable.

Legal and Market Developments
The Karnataka High Court issued a mandamus, directing the respondents to consider the Company's request for a 90-day timeline extension regarding the remaining ethanol supply. This remaining supply is valued at approximately 71,075 crore. Management anticipates that completing the delivery within this extended period will positively impact the Group's revenues and financial performance for the current financial year (FY 2026-27).

Future Initiatives
The company is also progressing with several large-scale projects:

• It entered into an agreement with Honeywell on January 28, 2026, to deploy Ethanol-to-Jet (ETJ) technology for developing a Sustainable Aviation Fuel (SAF) production facility in India, with an envisaged capacity of approximately 80,000 tonnes per annum.
• The Joint Venture Agreement with Sumitomo Corporation established plans to build Compressed Biogas (CBG) plants at five locations, with construction commencing at three sites.

TRUALT Stock Price Movement​

Today, TruAlt Bioenergy Limited shares gained 3.42% in post-market trading, settling at ₹495.1. The stock closed above its previous day's range, supported by a day's volume of 607,691 shares.