BSEThirani Projects LtdHighNeutral
Announced Fri, 29 May · 20:41 IST

Outcome of Board Meeting held on 29.05.2026

Revenue Growth 20pctPat NegativeNegative Operating CashflowResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹4.18
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AI summary

Thirani Projects Ltd's Board approved audited financial results for Q4 and FY ended March 31, 2026. Revenue from operations grew 19.3% to ₹101.73 lakhs (FY25: ₹85.24 lakhs), approaching 20% growth threshold. However, profit after tax declined significantly to ₹47.20 lakhs from ₹74.72 lakhs in the prior year—a 36.7% PAT decline. The company did not declare any dividend for FY2025-26. Statutory auditors R.K. Kankaria & Co. issued an unmodified (clean) opinion. The Board appointed Mrs Dipika Naresh Dayma as Internal Auditor for FY2026-27 and accepted the resignation of Company Secretary Mr. Yogesh Sharma effective May 29, 2026. Operating cash flow remained negative at ₹18.41 lakhs. Total equity remains negative at ₹(733.44) lakhs, though slightly improved from ₹(774.86) lakhs in the prior year.

Likely market impact

Revenue growth near 20% is positive, but the sharp 36.7% PAT decline and persistent negative operating cash flow are concerns. Shareholders should note no dividend and ongoing negative equity position. The clean audit opinion provides some assurance on financial reporting integrity.