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 Explain this filing

TIJARIA · price

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

Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹4.47

prior close

₹4.51

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%+0.9% vs market

Plastic Products - Industrial peers, median of 38sector+0.5%+0.4% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 0.4 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-4.2

10m

-4.2

15m

-4.2

30m

-2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9-0.0+0.9+0.5+0.4

Next day

+4.7-0.7+5.4-0.6+5.3

-5.1-1.8-3.4-3.0-2.1

-2.7-0.7-2.0-2.0-0.7

+2.7-0.5+3.1-2.5+5.2

+1.3+0.4+0.9-1.5+2.8

+1.6-1.6+3.1-2.2+3.8

15d

+6.9+4.6+2.3+0.0+6.9

-2.5+4.6-7.0+0.6-3.1

-2.2+6.1-8.4-0.8-1.5

+34.2+10.8+23.4+4.0+30.2

UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 38Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.