| Revenue growth | 42% YoY in H2FY26 to ₹1,669.8Mn. |
|---|---|
| Margins | Gross margins improved to 18.2% from 17.8% YoY. |
| Demand visibility | Strong across snack, animal feed, and namkeen segments. |
| Management confidence | High; citing robust operating model and positive OCF turnaround. |
Growth
FY26 revenue reached ₹3,033Mn, up 43% YoY. H2FY26 EBITDA stood at ₹164.4Mn (9.8% margin).
Outlook
Completed Malkapur expansion in March 2026; targeting higher value-added products and increased direct procurement (currently 25%).
Risks
Seasonal margin fluctuations; rising interest costs due to working capital usage; commodity price volatility.
Earnings Call filed with NSE, NSE: TBI. Summary written with AI assistance from the document.
TBI Corn Limited: key numbers
- Share price
- ₹70.30
- Market cap
- ₹127.7 Cr
- Revenue (annual)
- ₹303.7 Cr
- Net profit (annual)
- ₹18.61 Cr
- P/E (TTM)
- 6.9×Sector 29.0×
- Promoter holding
- 56.47%
- FII holding
- 0.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from TBI Corn Limited
All →TBI Corn Other Announcement
TBI Corn reported no deviation in its IPO fund utilisation through September 30, 2026. The auditor certified that all IPO proceeds have been fully utilised.
TBI Corn H1 FY27 Results: Net Profit ₹11.7 Cr, Up 14.7% YoY
TBI Corn Ltd reported revenue from operations of ₹196.5 Cr (+43.7% YoY) and net profit of ₹11.7 Cr (+14.7% YoY) for H1 FY27.
- Key figure
- Net profit ₹11.7 Cr · +14.7% YoY
TBI Corn Merger & Restructuring Worth ₹0.39 Cr
TBI Corn incorporated a wholly-owned UAE subsidiary, TBICL (FZE), with cash consideration of Rs 0.39 Crore. The subsidiary will handle maize and corn-based products and has not started operations.
- Value
- ₹0.39 Cr
TBI Corn Merger & Restructuring
TBI Corn incorporated wholly-owned subsidiary TBICL (FZE) in the UAE on 2 November 2026. The entity will manufacture and trade corn-based products.
TBI Corn Other Announcement
TBI Corn Limited filed a non-applicability notice for the Reg 27(2) Corporate Governance Report. The company claims SME platform exemption under Reg 15(2) of SEBI LODR.
TBI Corn Merger & Restructuring
TBI Corn Limited's board approved the incorporation of a subsidiary in Dubai, UAE to explore international business opportunities. Details will be disclosed upon formal incorporation.