DECLARATION OF FINANICAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH31 2026

Going ConcernQualified OpinionPat NegativeRelated Party TransactionsDebt Equity ThresholdNegative Operating CashflowResults View source PDF

TIJARIA · price

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

Price reaction · full curve 14 horizons · vs prior close

+4.7%1-day move

₹4.47

prior close

₹4.51

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-4.2-4.2-4.2-2.2+4.7-5.1-2.7+2.7+1.3+1.6+6.9-2.5-2.2—

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AI summary

Tijaria Polypipes reported a net loss of Rs 128.72 lakhs for FY2026 with total income of just Rs 22.29 lakhs against expenditure of Rs 151.06 lakhs. The company's net worth has turned deeply negative at Rs -3,378.97 lakhs, indicating balance sheet insolvency. The auditors issued a DISCLAIMER OF OPINION citing 16 audit qualifications, making the financial results unreliable. Bank of India declared the company as NPA with outstanding loans of Rs 71.16 crore and has filed a case with NCLT (Reference: CP No.(IB)-54/7/JPR/2023). The company has zero production during the quarter and no interest provision has been made on NPA accounts since July 2022. Receivables and advances of Rs 2,517 lakhs lack balance confirmations, and the textile segment remains closed with gross assets of Rs 83.98 crore. Total financial indebtedness stands at Rs 54.56 crore.

Likely market impact

This is a highly distressed company with negative net worth, disclaimer of opinion, ongoing NCLT proceedings, and no production. The stock carries extreme risk due to going concern issues, and shareholders face potential erosion of entire investment value.