Tijaria Polypipes FY26 results flagged with auditor's disclaimer
TIJARIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tijaria Polypipes reported FY26 results with total income of just Rs 22.29 lakhs and a net loss of Rs 128.72 lakhs. Net worth is deeply negative at minus Rs 3,378.97 lakhs. The auditor issued a Disclaimer of Opinion citing multiple issues. Bank of India has classified the company as NPA with Rs 71.73 crores outstanding and filed an insolvency case at NCLT Jaipur. Total debt of Rs 54.56 crores is in default. No production this quarter and the pipe and textile divisions remain shut. Director loans of Rs 8.38 crores outstanding.
Negative net worth, defaulted loans, NCLT case, and auditor disclaimer signal extreme financial distress and high risk for shareholders.