Tilaknagar Industries Limited has informed the Exchange about the Appointment of Secretarial Auditors
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Awaiting price reaction for this filing.
Tilaknagar Industries reported strong Q1 FY26 results with consolidated revenue of Rs. 863.87 crores (up ~30% YoY from Rs. 664.86 crores) and profit after tax of Rs. 88.51 crores (up ~121% YoY from Rs. 40.09 crores); EPS stood at Rs. 4.57 vs Rs. 2.08. The Board appointed M/s. Parikh & Associates as Secretarial Auditors for five years (FY26–FY30), subject to shareholder approval. It also approved a Rs. 25 crore capital expenditure at wholly-owned subsidiary Prag Distillery to expand bottling capacity from ~6 lakh cases to ~36 lakh cases per annum, funded through internal financial assistance. The statutory auditor gave a qualified opinion due to non-performance of an impairment assessment on one ENA plant, a recurring qualification.
Strong Q1 earnings and the large Imperial Blue acquisition (~Rs. 4,150 crores, disclosed as a note) position the company for significant growth, though the deal will be debt+equity funded which may pressure near-term balance sheet metrics. Capacity expansion supports the Andhra Pradesh growth story. Investors should note the qualified audit opinion and monitor Imperial Blue deal closure (pending CCI approval).