Announced Thu, 30 Apr · 16:17 IST

Audited Standalone And Consolidated Financial Results For The Half And Financial Year Ended 31St March 2026.

Qualified OpinionEmphasis Of MatterPat Growth 25pctNegative Operating CashflowGoing ConcernResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Tarini International reported standalone profit after tax of Rs. 49.71 Lakhs for FY26, up 69% from Rs. 29.38 Lakhs in FY25. Consolidated PAT was Rs. 35.11 Lakhs (excluding associate profits), with total profit including associates at Rs. 164.82 Lakhs. Revenue from operations grew modestly to Rs. 208.55 Lakhs standalone and Rs. 232.55 Lakhs consolidated. The auditors issued a qualified opinion due to Rs. 121.59 Lakhs invested in loss-making subsidiaries with net capital deficiency, where no provision for diminution was made despite accumulated losses. Had the provision been made, standalone PBT would convert to a loss of Rs. 43.20 Lakhs. Both standalone and consolidated cash flows from operations were negative at Rs. 83.78 Lakhs and Rs. 116.09 Lakhs respectively. Additional concerns include unrecovered receivables pending confirmation, a farm house under Enforcement Directorate attachment, and a Rs. 505 Lakhs SEBI penalty under Supreme Court appeal.

Likely market impact

The qualified audit opinion and negative operating cash flows signal financial stress, particularly in subsidiary investments. Shareholders should note that reported profits would turn into losses if auditors' concerns about subsidiary investments materialize. The ongoing legal cases and ROC complaints add regulatory risk.