Tandhan Industries Ltd (512062)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Tandhan Industries' revenue was ₹64.0 Cr, and net profit ₹6.0 Cr; the operating margin was 15.8%.
| Q1 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹64.0 | — | — |
| Operating profit | ₹10.1 | — | — |
| Net profit | ₹6.0 | — | — |
| EPS (₹) | 1.21 | — | — |
| Operating margin | 15.8% | — | — |
📢 Recent Corporate Announcements
Tandhan Industries Limited's wholly owned material subsidiary, Tandhan Polyplast Limited (TPL), concluded its 8th Annual General Meeting on September 30, 2026. Shareholders approved standard AGM matters including the adoption of FY26 financials and the re-appointment of statutory auditors M/s. N. Agarwala & Associates for a 5-year term until 2031. Director re-appointments were cleared, including Whole-Time Director Mrs. Prachi Jalan and Non-Executive Director Mr. Raj Kumar Jalan, both for 3-year terms effective February 15, 2027. Additionally, routine related party lease transactions for FY27 were approved, including ₹70 lakh to Jalan Sarees Pvt Ltd and ₹40 lakh each to Tandhan Biochemicals and Tandhan Biofuels.
- Subsidiary Tandhan Polyplast concluded its 8th AGM on September 30, 2026
- Statutory auditor M/s. N. Agarwala & Associates re-appointed for a 5-year term until 2031
- Mrs. Prachi Jalan and Mr. Raj Kumar Jalan re-appointed for 3-year terms effective February 15, 2027
- Approval of FY27 related party lease rentals including ₹70 lakh (Jalan Sarees) and ₹40 lakh each (Tandhan Biochemicals and Tandhan Biofuels)
Tandhan Industries Limited's wholly owned material subsidiary, Tandhan Polyplast Limited (TPL), concluded its 8th Annual General Meeting on September 30, 2026. Shareholders approved standard AGM matters including the adoption of FY26 financials and the re-appointment of statutory auditors M/s. N. Agarwala & Associates for a 5-year term until 2031. Director re-appointments were cleared, including Whole-Time Director Mrs. Prachi Jalan and Non-Executive Director Mr. Raj Kumar Jalan, both for 3-year terms effective February 15, 2027. Additionally, routine related party lease transactions for FY27 were approved, including ₹70 lakh to Jalan Sarees Pvt Ltd and ₹40 lakh each to Tandhan Biochemicals and Tandhan Biofuels.
- Subsidiary Tandhan Polyplast concluded its 8th AGM on September 30, 2026
- Statutory auditor M/s. N. Agarwala & Associates re-appointed for a 5-year term until 2031
- Mrs. Prachi Jalan and Mr. Raj Kumar Jalan re-appointed for 3-year terms effective February 15, 2027
- Approval of FY27 related party lease rentals including ₹70 lakh (Jalan Sarees) and ₹40 lakh each (Tandhan Biochemicals and Tandhan Biofuels)
Tandhan Industries Limited announced that shareholders approved a dividend of ₹0.01 per equity share (0.1% on a face value of ₹10) for FY 2025-26 at its 42nd AGM held on 30th September 2026. The record date for determining eligible shareholders was 23rd September 2026. The company stated that the dividend payment, subject to TDS, will be disbursed within 30 days of AGM approval.
- Dividend approved at ₹0.01 per share (0.1% on ₹10 face value)
- Payment applies to FY 2025-26
- Record date was Wednesday, 23rd September 2026
- Disbursement to be completed within 30 days from 30th September 2026
Tandhan Industries Limited (formerly Sanmitra Commercial Limited) completed its 42nd Annual General Meeting on September 30, 2026. Shareholders approved all agenda items, including the declaration of dividend for FY2025-26, an increase in authorized share capital, and related-party transactions for subsidiary Tandhan Polyplast Limited. Notably, a special resolution approving the issuance of convertible warrants on a preferential basis to promoters was also passed with requisite majority.
- 42nd AGM held and concluded on September 30, 2026 between 11:30 AM and 12:04 PM IST
- Approval granted for the issue of Convertible Warrants on a preferential basis to promoters
- Approval given to increase Authorised Share Capital and alter the Memorandum of Association
- Ratification of related-party transactions in wholly owned subsidiary Tandhan Polyplast Limited involving preferential issue proceeds
- All resolutions passed with requisite majority based on the Scrutinizer's Report
Tandhan Industries issued a corrigendum to its 42nd AGM notice modifying details regarding a ₹51.84 crore preferential warrant issue. The warrants are proposed to be issued to promoters at ₹81 per warrant, representing a significant discount to the current market price of ₹153.9. Entire proceeds will be routed to its wholly-owned subsidiary, Tandhan Polyplast Limited, to fund capital expenditure within 12 months. The proposed ₹51.84 crore fundraise is substantial, representing approximately 43.9% of the company's net worth of ₹118 crore.
- Proposed preferential issue size is ₹51,83,77,320 (₹51.84 crore) via convertible warrants
- Warrant issue and conversion price fixed at ₹81 per share, below the current market price of ₹153.9
- 100% of proceeds to be infused into wholly owned subsidiary Tandhan Polyplast Limited for capex
- Subsidiary Tandhan Polyplast reported FY26 turnover of ₹219.48 crore and PAT of ₹26.98 crore
- Allotment is proposed specifically to promoter group entities including Ankit Jalan, Anuj Jalan, and Daivik Jalan
Tandhan Industries Limited issued a corrigendum to its 42nd AGM notice modifying disclosures for a proposed preferential warrant issue worth ₹51.84 crore to promoters at ₹81 per warrant. The entire proceeds are earmarked to fund the capital expenditure of its wholly owned subsidiary, Tandhan Polyplast Limited (TPL), within 12 months. TPL reported FY26 turnover of ₹219.48 crore and net profit of ₹26.98 crore. The proposed fundraise constitutes roughly 44% of the parent company's current net worth of ₹118 crore.
- Preferential warrant issue size proposed at ₹51,83,77,320 (~₹51.84 crore)
- Issue price set at ₹81 per warrant/equity share based on registered valuer pricing
- 100% of proceeds allocated to capital expenditure of wholly owned subsidiary Tandhan Polyplast Limited
- Subsidiary TPL posted FY26 revenue of ₹21,947.90 lakh and PAT of ₹2,698.12 lakh
- Warrant allotment is proposed entirely to the Promoter and Promoter Group
Tandhan Industries announced its unaudited consolidated financial results for the quarter ended June 30, 2026, delivering revenue from operations of ₹64.01 Cr, up 39.9% quarter-on-quarter compared to ₹45.74 Cr in Q4 FY26. Consolidated profit after tax stood at ₹6.02 Cr for the quarter compared to ₹6.47 Cr in the prior quarter and ₹10.84 Cr for the full fiscal year FY26. Standalone operations remained negligible with zero operating revenue and a loss of ₹0.32 lakh, with virtually all operations housed in its subsidiary Tandhan Polyplast Limited.
- Consolidated revenue from operations reached ₹6,401.15 lakh (₹64.01 Cr) in Q1 ended June 30, 2026, vs ₹4,573.56 lakh in Q4 FY26
- Consolidated profit after tax came in at ₹601.90 lakh (₹6.02 Cr) for the quarter
- Subsidiary Tandhan Polyplast Limited drove operations, generating ₹6,585.67 lakh in total revenue and ₹602.22 lakh in net profit
- Standalone business reported ₹0 revenue from operations and a net loss of ₹0.32 lakh
Tandhan Industries Limited reported its unaudited financial results for the quarter ended June 30, 2026. Consolidated revenue from operations reached ₹6,401.15 lakh (₹64.01 Cr), up 39.9% sequentially compared to ₹4,573.56 lakh in Q4 FY26. Consolidated profit after tax (PAT) stood at ₹601.90 lakh (₹6.02 Cr) versus ₹646.80 lakh in the prior quarter. Standalone operations recorded nil operational revenue and a net loss of ₹0.32 lakh, reflecting that business operations are almost entirely housed in its subsidiary, Tandhan Polyplast Limited.
- Consolidated revenue from operations stood at ₹6,401.15 lakh for the quarter ended June 30, 2026.
- Consolidated PAT reached ₹601.90 lakh against ₹646.80 lakh in Q4 FY26.
- Subsidiary Tandhan Polyplast Limited contributed ₹6,585.67 lakh in total revenue and ₹602.22 lakh in net profit after tax.
- Standalone business posted zero revenue from operations and a net loss of ₹0.32 lakh.
- Cost of materials consumed formed the largest expense component at ₹3,668.30 lakh.
Tandhan Industries reported consolidated revenue from operations of ₹64.01 crore (₹6,401.15 lakh) for the quarter ended June 30, 2026, marking a 39.9% sequential increase from ₹45.74 crore in the March 2026 quarter. Consolidated profit after tax (PAT) stood at ₹6.02 crore (₹601.90 lakh) against ₹6.47 crore in the previous quarter. Operations were entirely driven by subsidiary Tandhan Polyplast Limited, which contributed ₹65.86 crore in revenue and ₹6.02 crore in PAT, while standalone revenue remained nil.
- Consolidated revenue from operations grew to ₹64.01 crore compared to ₹45.74 crore in Q4 FY26.
- Consolidated net profit after tax reached ₹6.02 crore for the quarter.
- Subsidiary Tandhan Polyplast Limited accounted for ₹65.86 crore of revenue and ₹6.02 crore of PAT.
- Standalone business recorded nil revenue from operations and a net loss of ₹0.32 lakh.
Tandhan Industries reported consolidated revenue from operations of ₹64.01 crore for the quarter ended June 30, 2026, compared to ₹45.74 crore in the previous quarter ended March 31, 2026. Consolidated profit after tax stood at ₹6.02 crore for the quarter. Operations are entirely driven by its operating subsidiary, Tandhan Polyplast Limited, which accounted for ₹65.86 crore in revenue and ₹6.02 crore in PAT. On a standalone basis, the holding entity generated nil operational revenue and posted a minor loss of ₹0.32 lakh.
- Consolidated revenue from operations stood at ₹6,401.15 lakhs in Q1 ended 30 June 2026 vs ₹4,573.56 lakhs in Q4 FY26
- Consolidated profit after tax for the quarter reached ₹601.90 lakhs
- Key operating subsidiary Tandhan Polyplast Limited contributed ₹6,585.67 lakhs in total revenue and ₹602.22 lakhs in PAT
- Standalone business reported zero revenue from operations and a net loss of ₹0.32 lakh
Tandhan Industries Ltd has scheduled a board meeting on August 14, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This is a routine regulatory filing under SEBI (LODR) Regulation 29. Given the company's current financial context of ₹0 TTM revenue and a market capitalization of ₹229 Cr, these results are critical for assessing if any operational activity has commenced. The trading window for insiders has been closed since July 1, 2026.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results.
- Financial results pertain to the quarter ended June 30, 2026.
- Trading window closed from July 1, 2026, until 48 hours post-announcement.
- Company currently reports ₹0 TTM revenue and a net loss of ₹0.2 Cr for FY26.
- Promoter holding significantly increased to 65.06% as of March 2026 from 0.95% in December 2025.
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