TPINDIA
TPI India financials
- Market cap
- ₹83 Cr
- Sector
- Capital Goods
Quarterly results
Q1 FY27: revenue up 27.3%, net profit up 454.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 8 | 8 | 7 | 9 +17% | 8 +2% | 10 +22% | 9 +27% |
| EBITDA | 1 | 1 | 1 | 0 | 1 +8% | 1 +32% | 2 +183% | 1 +129% |
| Net profit | 0 | 0 | 0 | -0 | 0 +47% | 1 +200% | 2 +679% | 0 +455% |
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 −45.7% YTD
YTD: ₹13.8 on 2 Jan 2000 → ₹7.5. High ₹13.8 (2 Jan 2000), low ₹6.75 (24 Feb 2000).
Financials, as filed
Revenue grew 19.7% a year over 2 years, FY24 to FY26. Operating margin widened to 12.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹24 Cr | ₹30 Cr | ₹34 Cr |
| Operating profit | ₹0 Cr | ₹2 Cr | ₹4 Cr |
| Operating margin | 0.8% | 7.7% | 12.0% |
| Interest | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹0 Cr | ₹0 Cr | ₹2 Cr |
| Net margin | 0.8% | 1.2% | 7.3% |
| Cash from operations | ₹-3 Cr | ₹1 Cr | ₹3 Cr |
| Free cash flow | ₹-2 Cr | ₹1 Cr | ₹2 Cr |
| ROCE | — | 99.1% | 128.9% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Reserves | ₹-34 Cr | ₹-35 Cr | ₹-19 Cr | ₹-19 Cr | ₹-18 Cr | ₹-16 Cr |
| Borrowings | ₹22 Cr | ₹22 Cr | ₹13 Cr | ₹15 Cr | ₹17 Cr | ₹15 Cr |
| Other liabilities | ₹17 Cr | ₹16 Cr | ₹9 Cr | ₹8 Cr | ₹7 Cr | ₹9 Cr |
| Total liabilities | ₹9 Cr | ₹8 Cr | ₹7 Cr | ₹9 Cr | ₹10 Cr | ₹13 Cr |
| Fixed assets | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹3 Cr | ₹3 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹6 Cr | ₹5 Cr | ₹4 Cr | ₹5 Cr | ₹7 Cr | ₹9 Cr |
| Total assets | ₹9 Cr | ₹8 Cr | ₹7 Cr | ₹9 Cr | ₹10 Cr | ₹13 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 Jun 2025, the public added +16.30 pp while promoters trimmed −16.29 pp. The shareholder count grew 9% to 8,577.
- Promoters
- 58.7%
- DIIs
- 0.0%
- Public
- 41.3%
Since Jun 2025
- Public +16.30 pp
- Promoters −16.29 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Over this window the public went from 6.5% to 41.3% — +34.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 93.5%, DIIs 0.0%, Public 6.5%.Dec '23: Promoters 93.5%, DIIs 0.0%, Public 6.5%.Mar '24: Promoters 93.5%, DIIs 0.0%, Public 6.5%.Jun '24: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Sep '24: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Dec '24: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Mar '25: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Jun '25: Promoters 75.0%, DIIs 0.0%, Public 25.0%.Sep '25: Promoters 58.7%, DIIs 0.0%, Public 41.3%.Dec '25: Promoters 58.7%, DIIs 0.0%, Public 41.3%.Mar '26: Promoters 58.7%, DIIs 0.0%, Public 41.3%.Jun '26: Promoters 58.7%, DIIs 0.0%, Public 41.3%.
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.
- Sanghavi Commodity Private Limited newly disclosed 1.09% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of TPI India Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Bharat Chimanlal Parekh | 53.90% | unchanged |
| L7 Hitech Private Limited | 3.82% | −0.91 pp |
| Sunrise Gilts & Securities Private Limited | 3.07% | unchanged |
| Late Hasmukh C Parekh | 2.84% | unchanged |
| Devang Jani | 1.75% | unchanged |
| Volga Commerce Private Limited | 1.56% | unchanged |
| Shreni Shares Limited Corporate | 1.48% | unchanged |
| Aartie Sunil Anandpara | 1.38% | unchanged |
| Ketan Rajendra Acharya | 1.16% | unchanged |
| Sanghavi Commodity Private Limited | 1.09% | newly disclosed |
| Trillion Investment And Trading Co Pvt Ltd | 0.87% | unchanged |
| Late Lalita C Parekh | 0.38% | unchanged |
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.
Learn to analyse TPI India Ltd.
Guides on how to read this kind of business and the numbers that matter.