
TIL Q4FY26: Revenue ₹109.43 Cr, FY26 Revenue ₹337.36 Cr; Enters Clean Energy
TIL Limited announced its Q4FY26 and full year FY26 financial results. FY26 revenue stood at ₹337.36 Cr, a slight decrease from ₹343.07 Cr in FY25, mainly due to lower non-operational income. Core machine sales, however, grew 4% year-on-year to ₹265.33 Cr, indicating improved operational health. The company secured significant orders, including a ₹66.75 Cr CONCOR contract and approximately ₹110 Cr from the Indian Army and Air Force. A major strategic move was the board-approved acquisition of Tulip Compression Private Limited, marking TIL's entry into the clean energy sector with LNG and Hydrogen powerpacks. The company also resolved legacy tax disputes, extinguishing contingent liabilities of ₹23.12 Cr for entry tax and ₹21.68 Cr for VAT/CST. Despite profitability being impacted by financing costs and one-time expenses, TIL reported strong H2 recovery in machine sales and operational execution, entering FY27 with an order book of approximately ₹274 Cr.
Key Highlights
- FY26 total revenue was ₹337.36 Cr, down from ₹343.07 Cr in FY25.
- Core machine sales grew 4% YoY to ₹265.33 Cr.
- Acquired Tulip Compression Private Limited, entering clean energy sector.
- Resolved ₹44.8 Cr in legacy tax disputes, strengthening balance sheet.
- Secured significant orders, including ₹110 Cr from Indian defence.
Price Impact
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