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Earnings Call

TBI Corn Earnings Call: Key Takeaways

TBI Corn reports 44% volume growth for FY26 and positive operating cash flow of ₹33.41 cr. Strategy focuses on capacity consolidation and increasing premium exports through its new 100% EOU Mumbai plant.

Why this was an Alfa AlertNot a filter event. Management confirmed meeting existing 35% CAGR targets and delivering 44% volume growth, but did not explicitly cite a 10%+ beat over a specific guided primary metric range.
Highlights
Revenue growth44% volume growth in FY26; export revenue up 150% YoY.
MarginsEBITDA margins stable; seeking 100bps gain from germ extraction.
Demand visibilityStrong demand from MNCs like ITC and export markets.
Management confidenceHigh; 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.

Source

Earnings Call filed with NSE, NSE: TBI. Summary written with AI assistance from the document.

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TBI Corn Ltd: key numbers

Share price
₹71.95
Market cap
₹130.7 Cr
Revenue (annual)
₹303.7 Cr
Net profit (annual)
₹18.61 Cr
P/E (TTM)
7.0×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.

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