Tarini International Ltd (538496)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Tarini International's revenue was ₹1.2 Cr (+11.6% year on year, +15.7% on the previous half-year), and net profit ₹0.7 Cr (+17.9% year on year); the operating margin was 13.6%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹1.2 | +11.6% | +15.7% |
| Operating profit | ₹0.2 | from loss | -55.3% |
| Net profit | ₹0.7 | +17.9% | -33.3% |
| EPS (₹) | 0.51 | +18.6% | -32.9% |
| Operating margin | 13.6% | — | — |
📢 Recent Corporate Announcements
Tarini International Ltd has issued notice for its 27th Annual General Meeting scheduled for September 30, 2026. Key agenda items include approving material Related Party Transactions (RPTs) aggregating up to Rs 145 crore across 10 promoter/group entities for FY27. This proposed RPT limit is exceptionally large compared to the company's TTM revenue of Rs 4 crore and net worth of Rs 31 crore. Additionally, the company seeks shareholder approval to re-appoint Mr. Vakamulla Chandrashekhar as Managing Director (at nil remuneration) and Mrs. V. Anu Naidu as Whole-time Director, both for 3-year tenures starting October 1, 2026.
- 27th AGM scheduled on September 30, 2026, with book closure from September 28 to September 30, 2026.
- Proposed approval for Material Related Party Transactions with 10 group companies totaling Rs 145 crore.
- Largest RPT limits include Tarini Infrastructure Ltd (Rs 60 crore) and B. Soilmec India Pvt Ltd (Rs 20 crore).
- Re-appointment of Managing Director Mr. Vakamulla Chandrashekhar for 3 years from Oct 1, 2026, at NIL salary.
Tarini International Ltd has scheduled a meeting of its Board of Directors on September 5, 2026. The board will consider approving the Directors' Report and Secretarial Audit Report for the financial year ended March 31, 2026. Additionally, the meeting will finalize the date, time, venue, book closure dates, and appointment of a scrutinizer for the company's 27th Annual General Meeting (AGM).
- Board meeting scheduled for September 5, 2026, at 11:30 AM
- Meeting convened to finalize the date, time, and venue for the 27th AGM
- Board to determine the Book Closure Date for the upcoming AGM
- Approval of Directors' Report and adoption of Secretarial Audit Report for FY ended March 31, 2026
Tarini International has received a sanction letter from Cholamandalam Investment and Finance to create an equitable mortgage on its land assets. The collateral, comprising 12 Bigha 3 Biswas in South West Delhi, is being provided to secure credit facilities for Tarini Infrastructure Limited, an associate company. While the board states the transaction is at arm's length, it encumbers the listed entity's assets for a promoter-linked entity. Given the company's small market cap of Rs 11 Cr, this asset pledge represents a significant contingent risk.
- Sanction letter received from Cholamandalam Investment and Finance on August 14, 2026.
- Collateral involves 12 Bigha 3 Biswas of land in Dera Mandi, South West Delhi.
- Beneficiary of the facility is Tarini Infrastructure Limited, a material associate of the promoter.
- Company's current Net Worth stands at Rs 27 Cr against a Market Cap of Rs 11 Cr.
- The transaction is classified as a related-party transaction conducted at arm's length.
Tarini International (Market Cap: ₹9 Cr) has approved the creation of an equitable mortgage on its immovable property in South West Delhi. This property serves as collateral for credit facilities obtained by its associate company, Tarini Infrastructure Limited, from Cholamandalam Investment and Finance Company Limited. While the company states the transaction is at arm's length, it involves a material associate of the promoter group. The specific value of the credit facility or the property was not disclosed in the filing.
- Created an equitable mortgage on property in Village Dera Mandi, South West Delhi, as collateral.
- Collateral is for credit facilities availed by Tarini Infrastructure Limited, an associate company.
- The lender for the facility is Cholamandalam Investment and Finance Company Limited.
- The transaction involves a material associate of the Promoter Company, though stated as arm's length.
- Board meeting for approval concluded at 3:00 p.m. on August 1, 2026.
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