TRANS INDIA HOUSE IMPEX LIMITE

Trades in agricultural commodities, which made up about 73% of consolidated revenue in H1 FY26, and operates a 51%-owned subsidiary called TIHIL IDA Group Private Limited. The company is based in Ahmedabad, Gujarat and is listed on BSE under code 523752. Standalone revenue for FY26 was Rs 7,105.20 lakhs versus Rs 3,552.60 lakhs the prior year, with the rise concentrated in the first half. Quarterly performance has been uneven: Q3 FY26 standalone revenue was Rs 356.74 lakhs against Rs 1,127.10 lakhs a year earlier, and Q4 FY26 standalone profit was Rs 2.20 lakhs versus Rs 159.48 lakhs in Q4 FY25. The reported cost base is small: employee costs at 1% of revenue, other operating expenses at 2.3% and depreciation at 0.2%, giving an EBITDA margin of 6.79%. The statutory auditor has repeatedly flagged pending trade-debtor balance confirmations and possible doubtful-debt provisions, and the company has received an Income Tax demand of about Rs 60.50 crore plus interest for AY 2024-25, which it is contesting in appeal.