TCI Industries Ltd

TCI Industries Limited trading window closed from Thursday, 01 October 2026; will reopen 48 (Forty-Eight) hours after the announcement/declaration of the Company’s Unaudited Financial Results for the Quarter ended 30 September 2026 is made to your esteemed Exchange.

Board outcome

• Board approved the unaudited quarterly results for quarter ended 30 June 2026.
• Limited Review Report by V. Singhi & Associates issued.
• Annexure A contains the unaudited results.
• Board meeting ran from 16:35 to 17:30 hours.
• Intimation posted on the company website.

AGM Details

• Date and time: 28 July 2026 at 11:04 AM; mode: Video Conference (VC).

Resolutions to vote

• Ordinary: adopt Audited Financial Statements for FY2025-26 with reports.
• Ordinary: re-appoint Dharmpal Agarwal as Director (retiring by rotation).
• Ordinary: re-appoint Vikas Agarwal as Director (retiring by rotation).
• Special: re-classify unissued Authorized Share Capital; amend MOA Capital Clause.
• Special: issue Redeemable Preference Shares on private placement to promoters and related parties.

Voting Status

• Voting results to be declared within two working days; no outcome disclosed yet.

Auditor

• Statutory auditor M/s V. Singhi & Associates' report presented; no qualifications.

Directors / Appointments

• Dharmpal Agarwal to be re-appointed as Director.
• Vikas Agarwal to be re-appointed as Director.

Dematerialisation status

• No dematerialisation requests for equity shares were received during 01.04.2026 to 30.06.2026.

Financial performance

• Revenue from operations Rs 506.12 lakhs; prior year Rs 283.02.
• EBITDA Rs 107.63 lakhs; prior year Rs 184.89 lakh loss.
• Net profit after tax Rs 48.69 lakhs; prior year Rs 224.03 lakh loss.
• Basic and diluted EPS Rs 5.43.
• Operating margin 0.21%; net margin 0.09%.
• Interest coverage 5.18x; debt‑to‑equity 0.12.
• Cash from operations Rs 25.33 lakhs; year-end cash Rs 101.43 lakhs.
• Dividend declared for year: none.

Capital structure & liquidity

• Authorized capital Rs 16 crore; reclassified to 32.40 lakh equity and 12.76 lakh preference shares.
• NCRPS issued during year: 46,250 at Rs 400; value Rs 185.00 lakhs.
• NCRPS outstanding at 31 Mar 2026: 9,48,662 shares; Rs 948.66 lakhs; 0% dividend; redeemable at 18% premium.
• Equity shares outstanding: 8,96,791; paid-up capital Rs 90.67 lakhs.
• Proceeds from NCRPS used for working capital, repairs, and general corporate purposes.
• Total borrowings Rs 189.19 lakhs (non-current Rs 29.44, current Rs 159.75).
• Net increase in cash and cash equivalents Rs 75.77 lakhs; closing cash Rs 101.43 lakhs.

Governance & leadership

• Independent directors: Jagdish Chandra Sharma and Sujan Sinha; Sharma as Chair from 01 July 2025.
• Ravishanker Jhunjhunwala and Siddharth Mehta ceased 30 June 2025.
• Amit Chavan resigned 16 Sept 2025; Anisha Dad appointed 14 Nov 2025; Jay Ahire appointed CFO 14 Nov 2025.
• Board meetings: 5 in 2025-26; Audit Commettee 4; Nomination & Remuneration 2; Stakeholders 1; Risk 1; Share Allotment 20.
• Statutory Auditor: V. Singhi & Associates; Internal Auditor: Gokhale & Sathe; Secretarial Auditor: Chandanbala Jain & Associates.

Contingent liabilities & risk

• Cotton Corporation of India: decree Rs 89.27 lakh; Rs 50 lakh deposited; SLP pending.
• BEST: electricity charges Rs 8.55 lakh; Rs 2.50 lakh deposited; writ petition pending.
• MCGM property tax disputes: demands up to Rs 7,780.96 lakh; interim orders allowed payment; final orders pending.
• Earlier MCGM demand Rs 138.51 lakh; Rs 90.77 lakh paid; Rs 47.74 lakh outstanding.

Operations & developments

• Company renders space for film shooting, TV serials, ads and events.
• Colaba property: SLP before Supreme Court; hearing ongoing.
• Cyclone Taukte damage in 2021; repairs completed; 22,000 sq ft area revenue-generating.
• Outlook: infrastructure upgrades to attract more customers; optimism for the coming year.

Audit & internal controls

• Internal financial controls are adequate; no material weaknesses observed.
• Ind AS 116: Right‑of‑use assets Rs 301.90 lakhs; lease liabilities Rs 1.19 lakhs (non-current) and Rs 0.45 lakhs (current).
• Secretarial audit: Annexure 1; no qualifications.
• No fraud reported by statutory or secretarial auditors during the year.

CSR & governance disclosures

• CSR provisions not applicable; BRSR not applicable for this year.

TCI Industries Ltd AGM filing metadata dated 06 July 2026

Director resignation

• Sunil K. Warerkar resigns as Whole-time Director, effective 30 June 2026, due to personal reasons.