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TIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TIL Limited reported a net loss of Rs 3,086 lakhs for FY2026 compared to a profit of Rs 290 lakhs in FY2025. Revenue grew marginally by 2.5% to Rs 32,325 lakhs. The auditors issued a qualified opinion regarding Deferred Tax Assets of Rs 10,670 lakhs (including Rs 1,075 lakhs recognized this year), questioning whether sufficient future taxable profits will be available to utilize these losses. Finance costs surged 59% to Rs 4,626 lakhs. The company completed a Rs 16,954 lakh right issue in April 2026 and announced acquisition of Tulip Compression Private Limited (60% stake) for Rs 11,901 lakhs. Exceptional items of Rs 558 lakhs relate to West Bengal tax settlements. Operating cash flow was deeply negative at Rs 13,352 lakhs.
The qualified audit opinion on Deferred Tax Assets is a serious concern as Rs 10,670 lakhs (15% of total assets) may be at risk if profitability projections fail. The company is burning cash and increasing borrowings despite weak operations, which raises going concern questions despite management's optimistic outlook.