| Revenue growth | 44% volume growth in FY26; export revenue up 150% YoY. |
|---|---|
| Margins | EBITDA margins stable; seeking 100bps gain from germ extraction. |
| Demand visibility | Strong demand from MNCs like ITC and export markets. |
| Management confidence | High; focusing on INR 1,000 crore revenue milestone. |
Growth
Achieved 44% YoY volume growth; FY26 revenue reached approx. ₹300 cr with export revenue nearly tripling to ₹30 cr.
Outlook
Targeting 35% CAGR till FY28; consolidation of TBI Maize Processors expected in H1 FY27.
Risks
Seasonal margin compression in H2 due to harvest cycles and rising plastic packaging costs.
Earnings Call filed with NSE, NSE: TBI. Summary written with AI assistance from the document.
TBI Corn Ltd: 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 Ltd
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.