- POSITIVE
Annual Revenue TBI Corn Mar-2026 Annual Revenue is Rs 304 Cr which is growth of 42.4% YoY.
- POSITIVE
Annual Net Profit TBI Corn Mar-2026 Annual Net Profit is Rs 18 Cr which is growth of 34.7% YoY.
aboutTBI Corn Ltd. is a prominent player in the corn milling industry, specializing in the production of high-quality corn-based products. The company primarily caters to the food and beverage sectors, providing essential ingredients for snacks, cereals, ... Read More
69.10-0.50(-0.72%)
24,600
NSE Volume
NSE 03 Nov, 2026 3:31 PM (IST)
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TBI Corn Stock Price Analysis
Day Price Range-0.7% 1 Day return | 69.1 (LTP) 6971.2 LowHigh |
|---|---|
Week Price Range2.1% 1 Week return | 69.1 (LTP) 6573.4 LowHigh |
Month Price Range2.3% 1 Month return | 69.1 (LTP) 6579 LowHigh |
52 Week Price Range-20.2% 1 Year return | 69.1 (LTP) 5598.4 LowHigh |
Competitors/Peers
Annual
Balance Sheet
Ratios
Cash Flow
Documents
TBI Corn annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
YoY & New to Old
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Base Level
Export
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 |
|---|---|---|---|---|---|---|---|---|---|
37.8% | 35% | 304.3 | 213.7 | 159.2 | 116.4 | 101 | 67.8 | ||
Operating Exp. Ann. | 36.8% | 32.7% | 268.8 | 187.9 | 140.5 | 105 | 97.8 | 65.3 | |
Operating Profit Ann. | 48.8% | 82.7% | 34.6 | 23.7 | 17.8 | 10.5 | 2.5 | 1.7 | |
OPM Ann. % | 8.1% | 35.2% | 11.37% | 11.11% | 11.15% | 9.00% | 2.43% | 2.52% | |
37.5% | 32.9% | 279.8 | 195.4 | 145.6 | 107.7 | 100.5 | 67.5 | ||
EBITDA Ann. | 46% | 70% | 35.5 | 25.9 | 18.7 | 11.4 | 3.1 | 2.5 | |
EBITDA Ann. margin % | 6.1% | 25.8% | 11.68% | 12.10% | 11.76% | 9.77% | 3.11% | 3.70% | |
Interest Ann. | 51.5% | 39.8% | 8 | 5.4 | 4.3 | 2.3 | 1.8 | 1.5 | |
Depr. | 83.7% | 34.7% | 3.1 | 2.2 | 0.8 | 0.5 | 0.8 | 0.7 | |
PBT Ann. | 41.8% | 141.2% | 24.5 | 18.3 | 13.6 | 8.6 | 0.5 | 0.3 | |
Tax Ann. | 38.4% | - | 6.1 | 4.7 | 3.5 | 2.3 | 0.1 | 0 | |
42.2% | 147% | 18.4 | 13.6 | 10.1 | 6.4 | 0.5 | 0.2 | ||
Net Profit Ann. | 42.2% | 147% | 18.4 | 13.6 | 10.1 | 6.4 | 0.5 | 0.2 | |
NPM Ann. % | 3.2% | 76.8% | 6.05% | 6.44% | 6.38% | 5.51% | 0.45% | 0.35% | |
EPS Adj. latest Ann. | 42.4% | 151.7% | 10.1 | 7.5 | 5.6 | 3.5 | 0.3 | 0.1 |
*All financials are in INR Cr and price data in INR
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Total Rev. Ann.
1Y CHG
42.4%
2Y CAGR
38.3%
3Y CAGR
37.8%
5Y CAGR
35%
Total Revenue Annual growth is higher than historical averages.
Net Profit Ann.
1Y CHG
35.3%
2Y CAGR
35%
3Y CAGR
42.2%
5Y CAGR
147%
Net Profit Annual growth is lower than historical averages.
Operating Exp. Ann.
1Y CHG
43.1%
2Y CAGR
38.3%
3Y CAGR
36.8%
5Y CAGR
32.7%
Operating Expenses Annual Cr growth is higher than historical averages.
TBI Corn Technical Analysis
TBI Corn EMA & SMA
Bearish-8
0 bullish, 8 bearish
Bullish0
Bearish8
| 5 Day | 69.2 |
|---|---|
| 10 Day | 69.7 |
| 12 Day | 69.9 |
| 20 Day | 70.7 |
| 26 Day | 71 |
|---|---|
| 50 Day | 70.8 |
| 100 Day | 70.0 |
| 200 Day | 74.4 |
TBI Corn Delivery And Volume
Daily Avg. Delivery Volume %
03 Nov, 202682.9%
Week70.0%
Month76.9%
Legend
Positive IndicatorNeutral IndicatorNegative Indicator
TBI Corn Resistance and Support
69.78
Pivot
| First Resistance | 70.6 |
|---|---|
| Second Resistance | 72.0 |
| Third Resistance | 72.8 |
| First Support | 68.3 |
|---|---|
| Second Support | 67.5 |
| Third Support | 66.1 |
| Day RSI | 46.5 |
|---|---|
| Day MACD | -1.1 |
| Day MFI | 35.9 |
| Day MACD Signal Line | -0.7 |
TBI Corn Beta
| 1 Month | -0.3 |
|---|---|
| 1 Year | 1.0 |
| 3 Month | 0.6 |
|---|---|
| 3 Year | - |
TBI Corn Price Change Analysis
↑2.3%
Over 1 Month
LowHigh
6579.0
↑11%
Over 3 Months
LowHigh
5891
↑2.8%
Over 6 Months
LowHigh
5891
↓-20.2%
Over 1 Year
LowHigh
5598.5
TBI Corn Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| SS CORPORATE SECURITIES LIMITED | Bulk | Sell | 27 Mar 2026 | 59.49 | 111,000 | NSE |
| SS CORPORATE SECURITIES LIMITED | Bulk | Purchase | 27 Mar 2026 | 59.25 | 600 | NSE |
| JINENDRA KUMAR JAIN | Bulk | Purchase | 23 Dec 2025 | 84.27 | 91,200 | NSE |
| NEXT ORBIT VENTURES FUND | Bulk | Sell | 22 Dec 2025 | 81.95 | 120,000 | NSE |
| JINENDRA KUMAR JAIN | Bulk | Purchase | 22 Dec 2025 | 81.95 | 120,000 | NSE |
| YUGA STOCKS AND COMMODITIES PRIVATE LIMITED . | Bulk | Sell | 01 Jul 2024 | 308.93 | 148,800 | NSE |
| YUGA DOSHI | Bulk | Purchase | 01 Jul 2024 | 302 | 102,000 | NSE |
| YUGA STOCKS AND COMMODITIES PRIVATE LIMITED . | Bulk | Purchase | 01 Jul 2024 | 323.20 | 46,800 | NSE |
| MANSI SHARE AND STOCK ADVISORS PVT LTD | Bulk | Sell | 10 Jun 2024 | 218.25 | 94,800 | NSE |
| VISHAL BIPINKUMAR DOSHI | Bulk | Sell | 10 Jun 2024 | 217.43 | 92,400 | NSE |
TBI Corn Corporate Actions
TBI Corn Board Meetings
TBI Corn past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
106 Nov 2026 | Quarterly Results | - |
229 May 2026 | Audited Results | - |
313 Nov 2025 | Quarterly Results | - |
427 Aug 2025 | Others | To consider other business matters. |
527 May 2025 | Audited Results | - |
TBI Corn Documents
TBI Corn Credit Ratings
TBI Corn credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.
| Date | Rating Agency | Company Name | Description | Links |
|---|---|---|---|---|
| 04 Sep 2025 | crisil ratings | TBI Corn Limited | TBI Corn Limited:Rating reaffirmed at 'Crisil BBB-/Stable'; Rated amount enhanced for Bank Debt | Link |
| 30 Sep 2024 | crisil ratings | TBI Corn Limited | TBI Corn Limited:Rating upgraded to 'CRISIL BBB-/Stable' | Link |
| 18 Sep 2024 | crisil ratings | TBI Corn Limited | Rating Update : TBI Corn Limited | Link |
TBI Corn - Company Profile
TBI Corn Management Structure
TBI Corn management structure with salaries, total experience, and qualifications.
TBI Corn Board of Directors
TBI Corn Board of directors with salaries, total experience, and qualifications.
Website: www.tbicorn.com
About the company - Business Profile
TBI Corn Ltd. is a prominent player in the corn milling industry, specializing in the production of high-quality corn-based products. The company primarily caters to the food and beverage sectors, providing essential ingredients for snacks, cereals, and other processed food items. TBI Corn operates through a focused business model that leverages its strategic location and efficient milling processes to serve both domestic and international markets.
Key Points
- Key Facts:
- Founded Year: 2000
- Headquarters: Sangli, Maharashtra, India.
- Stock Listing: Listed on the NSE SME platform.
- Products: Corn Grits (various sizes), Corn Flour, Corn Flakes, and Maize Germ.
- Operations and Resources:
- Facilities: The company operates an ISO 9001:2015 and ISO 22000:2018 certified manufacturing unit located in Sangli. This facility is equipped with automated machinery for cleaning, degerming, and milling corn.
- Capacity: As of FY2023-24, the facility has an installed capacity to process approximately 60,000 Metric Tonnes (MT) of maize annually.
- Integration: The company manages a tight supply chain, sourcing high-quality non-GMO maize directly from farmers and aggregators in the maize-rich belts of Maharashtra and Karnataka.
- Market and Significance:
- Industries Served: Primarily serves the food processing industry (snacks, breakfast cereals, breweries), animal feed industry, and pharmaceutical sector.
- Strategic Importance: TBI Corn is a significant exporter, shipping products to countries in the Middle East, Africa, and Southeast Asia, contributing to India's agricultural export profile.
- Business Model and Strengths:
- The business model is centered on value-added processing of maize.
- The company excels in producing customized grit sizes required by large snack food multinationals, maintaining high standards of purity (fat content <1%) and consistency.
- Financial Performance (FY 2023-24):
- Revenue from Operations: Recorded at ₹14,034.97 lakhs (₹140.35 crore) for the financial year ended March 31, 2024.
- Net Profit (PAT): Reported at ₹675.22 lakhs (₹6.75 crore).
- Revenue Breakdown:
- Domestic Sales: Contributes approximately 65% of total revenue.
- Exports: Account for approximately 35% of the total turnover.
- Segmental Revenue: The majority of revenue is derived from the sale of Corn Grits and Corn Flour, with a smaller portion coming from by-products like Maize Germ and Bran used in animal feed.
- Sustainability and Innovation:
- Environmental Initiatives: Implementation of waste management systems where by-products are recycled into the animal feed supply chain, ensuring near-zero wastage of raw material.
- Innovation: Focus on developing specialty corn flours with specific viscosity profiles for the pharmaceutical and textile industries.
- Strategic Initiatives and Future Outlook:
- The company is currently executing a capacity expansion project to increase its milling capacity by an additional 30,000 MT per annum to meet growing export demand.
- Employee Count: Employs over 120 permanent staff members with a stable attrition rate.
- Future Goals: Expansion into the retail segment with "ready-to-cook" corn products under its own brand name to capture higher margins.
References
