Dear Sir/Madam, Pursuant to Regulations 30, 33 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....
TEAMGTY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Team India Guaranty Limited reported audited financial results for Q4 and FY ended March 2026. Total income for FY26 stood at Rs 549.50 lakhs, down from Rs 370.46 lakhs in FY25. The company posted a net profit of Rs 71.67 lakhs for the full year, a significant decline from Rs 234.70 lakhs in the previous year. EPS dropped to Rs 0.85 from Rs 2.60. In governance changes, Mr. Sanjiv Swarup was appointed as an Additional Non-Executive Independent Director for 5 years, subject to shareholder approval, while Mr. Ashok Anant Paranjpe resigned citing increased professional and personal commitments. The board also reconstituted its committees with Sanjiv Swarup becoming Chairman of the Audit Committee. M/s Raju and Prasad, Chartered Accountants were appointed as internal auditors for FY 2026-27. The registered office will shift within the same building in Lower Parel, Mumbai.
The sharp decline in net profit from Rs 234.70 lakhs to Rs 71.67 lakhs despite higher revenue is a concern. The Q4 loss of Rs 68.57 lakhs and deteriorating operating margins (from 74.80% to 50.68%) may weigh on investor sentiment. The new independent director appointment and committee reconstitution could be viewed positively for governance.