TBI Corn Ltd
Incorporated in 2000, TBI Corn Ltd is
a manufacturer and exporter of corn-
based products[1]
- Market Cap ₹ 212 Cr.
- Current Price ₹ 117
- High / Low ₹ 399 / 75.2
- Stock P/E 15.6
- Book Value ₹ 55.8
- Dividend Yield 0.00 %
- ROCE 18.6 %
- ROE 18.9 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 9m | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 115 | 158 | 212 | |
| 105 | 140 | 188 | |
| Operating Profit | 11 | 18 | 24 |
| OPM % | 9% | 11% | 11% |
| 1 | 1 | 2 | |
| Interest | 2 | 4 | 5 |
| Depreciation | 1 | 1 | 2 |
| Profit before tax | 8 | 14 | 18 |
| Tax % | 27% | 26% | 25% |
| 6 | 10 | 14 | |
| EPS in Rs | 11,125.00 | 7.55 | 7.51 |
| Dividend Payout % | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 0.01 | 13 | 18 |
| Reserves | 17 | 29 | 83 |
| 40 | 46 | 65 | |
| 20 | 13 | 14 | |
| Total Liabilities | 77 | 102 | 180 |
| 7 | 8 | 17 | |
| CWIP | -0 | 6 | 7 |
| Investments | -0 | 0 | 0 |
| 70 | 88 | 156 | |
| Total Assets | 77 | 102 | 180 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -17 | -3 | -30 | |
| -8 | -8 | -12 | |
| 25 | 11 | 42 | |
| Net Cash Flow | 0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 67 | 72 | 79 |
| Inventory Days | 151 | ||
| Days Payable | 26 | ||
| Cash Conversion Cycle | 67 | 72 | 203 |
| Working Capital Days | 159 | 172 | 246 |
| ROCE % | 25% | 19% |
Documents
Announcements
-
Outcome of Board Meeting
28 May 2025 - TBI Corn submits audited FY25 financial results with revised prior year figures; reports profit growth and unmodified audit opinion.
-
Outcome of Board Meeting
27 May 2025 - TBI Corn approved and disclosed audited FY25 standalone and consolidated financial results with unmodified audit opinion.
-
Board Meeting Intimation
20 May 2025 - TBI CORN LIMITED has informed about Board Meeting to be held on 27-May-2025 to inter-alia consider and approve the Audited Financial results of the Company …
-
Related Party Transactions
30 April 2025 - TBI Corn Ltd exempt from related party transaction disclosures under SEBI LODR Regulation 23(9) for FY ended March 31, 2025.
-
Structural Digital Database
21 April 2025 - Compliance certificate for SEBI insider trading regulations FY 2024-25 and NSE SDD compliance.
Business Overview:[1][2][3]
a) TBICL is an ISO 22000:2018 certified manufacturer and seller of corn products
b) The products are manufactured without chemical additives or preservatives and are GMO-free.
c) Company sources the highest quality raw maize from Northern Karnataka and Andhra Pradesh, which accounts for 38% of India’s total Maize cultivation.