Why is this annual filing considered routine?

The results are the audited financials required under SEBI's Regulation 33. The company already disclosed quarterly figures throughout the year, and the auditor's unmodified opinion confirms no qualifications or adverse findings.

How did earnings per share (EPS) change?

EPS fell to ₹6.86 for FY26, down from ₹7.86 in the prior year. The drop is proportional to the 13% decline in net profit.

What is the scale of the company's operations?

With a market cap of ₹146 crores and annual revenue of ₹36,599 lakhs (about ₹366 crores), Tirupati is a nano-cap operator. Even modest revenue swings can materially impact its profitability.

Did the auditor raise any concerns?

No. The auditor issued an unmodified opinion, which means the financial statements are free of qualifications, reservations, or adverse remarks. This is the standard clean opinion.

Earnings · Consumer Food · Micro cap

Tirupati Starch posts a smaller year, with revenue and profit both sliding

Audited FY26 results confirm the weaker trajectory hinted at in quarterly updates, with no surprises in the clean audit opinion.

— 1 earlier story on Tirupati Starch & Chemicals Ltd. →

TIRUSTA By Tipsheet Editorial 29 May 2026 · 7:06 PM IST Verify on BSE · NSE

Mkt cap₹143 cr

P/E25.41×

ROE12.37%

Debt / eq.2.23

₹36,599.12 lakhs FY26 standalone revenue, down from ₹39,023.55 lakhs.

What's new

Full-year revenue fell 6% to ₹36,599.12 lakhs from ₹39,023.55 lakhs.
Net profit dropped 13% to ₹658.04 lakhs from ₹753.75 lakhs.
EPS slipped to ₹6.86 from ₹7.86. The auditor's opinion is unmodified.

Why this matters

This is a routine confirmation of numbers the market had already digested through quarterly filings. The decline is modest, but it extends a negative trend for a nano-cap business that needs to reverse course. The clean audit opinion removes one potential overhang.

What we're watching

Whether Q1 FY27 results show any stabilization in the top line.
Management commentary on capacity utilization and input costs.
Any changes to promoter shareholding that signal a strategic shift.

The full read

Tirupati Starch & Chemicals closed a smaller year. Revenue for the 12 months to March 2026 landed at ₹36,599.12 lakhs, down 6% from the prior period's ₹39,023.55 lakhs. Profit followed the top line lower, shrinking to ₹658.04 lakhs from ₹753.75 lakhs. EPS dropped from ₹7.86 to ₹6.86. The auditor signed off cleanly. For a ₹146 crore market-cap starch maker, these are not shocking numbers. The quarterly filings throughout the year had already telegraphed the direction. This filing simply puts a final number on it. A routine confirmation. The business still needs to find a growth gear.

Questions answered

Why is this annual filing considered routine?: The results are the audited financials required under SEBI's Regulation 33. The company already disclosed quarterly figures throughout the year, and the auditor's unmodified opinion confirms no qualifications or adverse findings.
How did earnings per share (EPS) change?: EPS fell to ₹6.86 for FY26, down from ₹7.86 in the prior year. The drop is proportional to the 13% decline in net profit.
What is the scale of the company's operations?: With a market cap of ₹146 crores and annual revenue of ₹36,599 lakhs (about ₹366 crores), Tirupati is a nano-cap operator. Even modest revenue swings can materially impact its profitability.
Did the auditor raise any concerns?: No. The auditor issued an unmodified opinion, which means the financial statements are free of qualifications, reservations, or adverse remarks. This is the standard clean opinion.

Mentioned: Regulation 33, SEBI LODR · ₹146 crores market cap · Unmodified auditor opinion

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

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29 May 2026 · 7:06 PM IST Tirupati Starch posts a smaller year, with revenue and profit both sliding
1d ago Tirupati Starch posts a softer year. Revenue down 6%, profit down 13%.