BSETilak Ventures LtdHighNeutral
Announced Thu, 21 May · 15:59 IST

audited financial result 31.03.2026

Revenue Growth 20pctPat Growth 25pctNegative Operating CashflowDebt Equity ThresholdResults View source PDF

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AI summary

Tilak Ventures reported total revenue of Rs 3,590.54 lakhs for FY26, up 37.7% from Rs 2,606.47 lakhs in FY25. Net profit after tax grew 53.4% to Rs 962.24 lakhs from Rs 627.13 lakhs. However, basic EPS declined to Rs 0.072 from Rs 0.141 previously, because share capital tripled to Rs 13,370.90 lakhs following a Rs 89.14 crore rights issue in January 2026. Operating cash flow turned sharply negative at Rs -3,440.36 lakhs due to large inventory buildup of Rs 3,260.46 lakhs (stock-in-trade for commodity trading). The statutory auditor issued an unmodified opinion with no qualifications. The company operates in two segments: commodity trading and finance business.

Likely market impact

Despite strong profit growth, the sharp negative operating cash flow is a concern for investors. The significant rights issue dilution reduced per-share earnings. The company has significant cash reserves of Rs 2,829.69 lakhs from the equity raise but must address working capital management to sustain operations.