TAURIAN
Taurian MPS financials
- Market cap
- ₹412 Cr
- Sector
- Capital Goods
- Calls analysed
- 1
TAURIAN Q2 FY26
What went well
- H1 FY26 total income grew by 6.89% YoY to INR 32.29 crores.
- EBITDA increased by 9.47% YoY to INR 6.77 crores.
- Company expects to achieve INR 100-105 crores revenue for FY26, with 60-70% growth targeted for FY27.
What to watch
- H1 FY26 revenue of INR 32.29 crores was significantly lower than the pre-IPO guidance of INR 140-150 crores for the full year, leading to a revised FY26 revenue target of INR 100-105 crores.
- Export market demand, particularly from the U.S., was lower than expected due to duty structures, leading to a revised export blend expectation of 20% vs. 35% previously.
Guidance record · Q2 FY26
what the last two calls moved 6 tracked 0 delivered 0 missed 6 open- FY26 Revenue revised down said Pre-IPO Promised: INR 140-150 crores Q2 FY26: Revised to INR 100-105 crores due to H1 execution delays (rains) and lower export demand.
- FY27 Revenue Growth open said Q2 FY26 Promised: 60-70% growth Q2 FY26: Management expects 60% to 70% growth next year driven by completed infrastructure.
All 6 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
| Line item | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 30 | 43 | 32 | 67 |
| EBITDA | 6 | 9 | 7 | 18 |
| Net profit | 4 | 6 | 4 | 13 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +107.3% 1Y
1Y: ₹220.5 on 16 Sept 2025 → ₹457. High ₹523.8 (1 Sept 2026), low ₹196 (16 Mar 2026).
How the price took the results
close before → close after
- Q2 FY26
- +3.0%
- 18 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹9 Cr | ₹9 Cr |
| Reserves | ₹2 Cr | ₹2 Cr | ₹13 Cr | ₹66 Cr | ₹78 Cr |
| Borrowings | ₹12 Cr | ₹14 Cr | ₹7 Cr | ₹9 Cr | ₹25 Cr |
| Other liabilities | ₹2 Cr | ₹7 Cr | ₹13 Cr | ₹27 Cr | ₹23 Cr |
| Total liabilities | ₹22 Cr | ₹29 Cr | ₹39 Cr | ₹110 Cr | ₹134 Cr |
| Fixed assets | ₹11 Cr | ₹9 Cr | ₹7 Cr | ₹13 Cr | ₹23 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹11 Cr | ₹19 Cr | ₹32 Cr | ₹98 Cr | ₹110 Cr |
| Total assets | ₹22 Cr | ₹29 Cr | ₹39 Cr | ₹110 Cr | ₹134 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Sep 2025, the public added +8.97 pp while DIIs trimmed −5.66 pp. The shareholder count grew 87% to 679.
- Promoters
- 63.8%
- DIIs
- 0.7%
- Public
- 35.5%
Since Sep 2025
- Public +8.97 pp
- DIIs −5.66 pp
- FIIs −3.30 pp
How it drifted, 4 quarters
Over this window the public went from 26.6% to 35.5% — +9.0 pp.
Ownership split by quarter, oldest first. Sep '25: Promoters 63.8%, FIIs 3.3%, DIIs 6.3%, Public 26.6%.Dec '25: Promoters 63.8%, FIIs 2.3%, DIIs 1.9%, Public 32.0%.Mar '26: Promoters 63.8%, DIIs 1.2%, Public 35.0%.Jun '26: Promoters 63.8%, DIIs 0.7%, Public 35.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Baswaraj Shetty newly disclosed 1.06% held
- Rajesh Kumar Singla +0.05 pp 1.85% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Taurian MPS Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Yashvardhan Sumit Bajla | 34.75% | unchanged |
| Puja Sumit Bajla | 23.15% | unchanged |
| Palss Properties Private Limited | 2.77% | unchanged |
| Gretex Share Broking Private Limited | 2.33% | unchanged |
| Rajesh Kumar Singla | 1.85% | +0.05 pp |
| Castelos Parts Private Limited | 1.68% | unchanged |
| Danta Resins Pvt Ltd | 1.45% | unchanged |
| Vibha Gupta | 1.40% | unchanged |
| Baswaraj Shetty | 1.06% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- 6.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse Taurian MPS Limited
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