Tijaria Polypipes Limited has informed the Exchange regarding Board meeting held on May 15, 2025.
TIJARIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.6 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Tijaria Polypipes reported extremely weak FY2024-25 results with revenue from operations of just Rs. 10.66 lakhs and a net loss of Rs. 5.43 crore, compared to a Rs. 2.92 crore loss in the previous year. The company's equity is deeply negative at Rs. -32.50 crore due to accumulated losses of Rs. 119.90 crore. The statutory auditor issued a Disclaimer of Opinion, citing multiple serious issues including the company's loan account being declared NPA by Bank of India (outstanding Rs. 71.73 crore), seized bank accounts, no production activity, and a Rs. 3.12 crore impairment loss on Plant & Machinery. Trade receivables of Rs. 23.32 crore in loans and advances lack third-party confirmation, and the company's textile division has been shut down for a long time.
This is a deeply distressed filing — shareholders face a company with negative net worth, NPA-tagged bank loans, no production, and a disclaimer from auditors, indicating very high financial risk. The stock is likely to be viewed negatively and may face continued listing/compliance scrutiny.