Income Statement Tapi Fruit Processing Limited

Stocks

TAPIFRUIT

INE0M7001010

Food Processing

Market Closed - NSE India S.E. 04:35:09 30/07/2026 pm IST			5-day change	1st Jan Change
50.00 ^INR	-.--%		-.--%	-27.54%

25/05	Tapi Fruit Processing Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
12/11	Tapi Fruit Processing Limited Reports Earnings Results for the Half Year Ended September 30, 2025	CI

6.QBtlBj4HKu8FIy6whG9SKgsfDlcv7jMM6JyP6u4dero.FX4ISmlEGZh3eVj7tRUiSH1RIxJpgwVr3NrjhIBRPv8ZXEhIVUhGjDcTRQ

Published financial data: TAPI FRUIT PROCESSING LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	13Cr	15Cr	21Cr	22Cr	20Cr
Total Revenues	13Cr	15Cr	21Cr	22Cr	20Cr
Cost of Goods Sold, Total	7.97Cr	10Cr	15Cr	16Cr	16Cr
Gross Profit	5.06Cr	5.11Cr	5.86Cr	6.54Cr	4.68Cr
Selling General & Admin Expenses, Total	1.85Cr	1.91Cr	2.14Cr	2.22Cr	2.03Cr
Stock-Based Compensation (IS)	-	-	-	-	27.61L
Depreciation & Amortization - (IS)	47.14L	57.54L	62.49L	77.36L	94.95L
Other Operating Expenses	2.3Cr	2.03Cr	3.21Cr	4Cr	2.92Cr
Other Operating Expenses, Total	4.62Cr	4.52Cr	5.97Cr	6.99Cr	6.18Cr
Operating Income	44.2L	59.23L	-10.52L	-45.32L	-1.5Cr
Interest Expense, Total	-41.28L	-42.85L	-15.36L	-4L	-6L
Interest And Investment Income	21.92T	6L	7L	23.71L	2L
Net Interest Expenses	-41.06L	-37.09L	-9L	20.13L	-4L
Currency Exchange Gains (Loss)	-	-	-11.62T	14.17T	2.69T
Other Non Operating Income (Expenses)	8L	-40.3T	-47.43T	-2L	-4L
EBT, Excl. Unusual Items	10.94L	21.74L	-19.8L	-27.49L	-1.57Cr
Gain (Loss) On Sale Of Investments	-	-	-	79.35T	7L
Other Unusual Items	11T	-66.52T	-62.61T	10.98L	14.83L
EBT, Incl. Unusual Items	11.05L	21.08L	-20.43L	-15.72L	-1.35Cr
Income Tax Expense	98.4T	5L	-2L	3L	8L
Earnings From Continuing Operations	10.06L	15.6L	-18.9L	-18.25L	-1.43Cr
Net Income to Company	10.06L	15.6L	-18.9L	-18.25L	-1.43Cr
Net Income - (IS)	10.06L	15.6L	-18.9L	-18.25L	-1.43Cr
Net Income to Common Incl Extra Items	10.06L	15.6L	-18.9L	-18.25L	-1.43Cr
Net Income to Common Excl. Extra Items	10.06L	15.6L	-18.9L	-18.25L	-1.43Cr
Per Share Items
Net EPS - Basic	4.02	6.24	-0.67	-0.44	-3.4
Basic EPS - Continuing Operations	4.02	6.24	-0.67	-0.44	-3.4
Basic Weighted Average Shares Outstanding	2L	2L	28.36L	41.18L	42.14L
Net EPS - Diluted	4.02	6.24	-0.67	-0.44	-3.4
Diluted EPS - Continuing Operations	4.02	6.24	-0.67	-0.44	-3.4
Diluted Weighted Average Shares Outstanding	2L	2L	28.36L	41.18L	43.01L
Normalized Basic EPS	2.73	5.44	-0.44	-0.42	-2.33
Normalized Diluted EPS	2.73	5.44	-0.44	-0.42	-2.29
Supplemental Items
EBITDA	91.35L	1.17Cr	51.97L	32.04L	-54.76L
EBITA	44.2L	59.23L	-10.52L	-45.32L	-1.5Cr
EBIT	44.2L	59.23L	-10.52L	-45.32L	-1.5Cr
EBITDAR	94.95L	1.2Cr	53.17L	32.88L	-52.71L
Total Revenues (As Reported)	13Cr	15Cr	21Cr	23Cr	20Cr
Effective Tax Rate - (Ratio)	8.91	25.96	7.47	-16.05	-5.74
Total Current Taxes	3L	7L	12.62T	1L	5L
Total Deferred Taxes	-2L	-1L	-1L	1L	2L
Normalized Net Income	7L	13.59L	-12.38L	-17.18L	-98.34L
Interest on Long-Term Debt	-	-	7L	3L	5L
Supplemental Operating Expense Items
Advertising Expense	4L	2L	10L	6L	4L
Marketing Expenses	4L	6L	11.52L	12.26L	10.93L
Selling and Marketing Expenses	8L	8L	21.5L	18.03L	14.9L
Net Rental Expense, Total	4L	4L	1L	84T	2L
Imputed Operating Lease Interest Expense	2L	2L	50.69T	20.96T	21.95T
Imputed Operating Lease Depreciation	1L	1L	69.31T	63.04T	2L
Maintenance & Repair Expenses, Total	22.22L	18.39L	25.84L	-	20.27L
Stock-Based Comp., Other (Total)	-	-	-	-	27.61L
Total Stock-Based Compensation	-	-	-	-	27.61L

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	17.78L	5L	13.84L	3.53Cr	5L
Short Term Investments	-	-	50.82L	45.01L	-
Total Cash And Short Term Investments	17.78L	5L	64.67L	3.98Cr	5L
Accounts Receivable, Total	1.26Cr	1.39Cr	1.84Cr	1.37Cr	1.43Cr
Other Receivables	3L	16.73T	-	1L	9L
Total Receivables	1.29Cr	1.39Cr	1.84Cr	1.38Cr	1.52Cr
Inventory	2.25Cr	2.51Cr	1.92Cr	1.9Cr	2.07Cr
Prepaid Expenses	29.89T	32.09T	-	1L	1L
Other Current Assets, Total	10.61L	14.31L	1.21Cr	1.67Cr	1.04Cr
Total Current Assets	3.83Cr	4.1Cr	5.62Cr	8.95Cr	4.69Cr
Gross Property Plant And Equipment	4.57Cr	5.49Cr	-	8.75Cr	20Cr
Accumulated Depreciation	-1.05Cr	-1.63Cr	-	-2.79Cr	-3.43Cr
Net Property Plant And Equipment	3.52Cr	3.86Cr	4.08Cr	5.95Cr	17Cr
Long-term Investments	88.56T	94.22T	1L	1L	1L
Deferred Tax Assets Long-Term	2L	3L	4L	3L	1L
Deferred Charges Long-Term	6.78T	3.39T	-	-	-
Other Long-Term Assets, Total	-1	4L	-	-	-
Total Assets	7.37Cr	8.03Cr	9.75Cr	15Cr	22Cr
Liabilities
Accounts Payable, Total	1.69Cr	1.94Cr	1.2Cr	8L	2.15Cr
Accrued Expenses, Total	18.14L	19.29L	7L	18.69L	4L
Short-term Borrowings	1.18Cr	1.12Cr	23.56T	97.42L	84.23L
Current Portion of Long-Term Debt	-	42.32L	23.08L	5L	89.96L
Current Income Taxes Payable	3L	7L	12.62T	1L	5L
Unearned Revenue Current, Total	-	-	19T	-	-
Other Current Liabilities	10.81L	6L	14.23L	47.08L	58.19L
Total Current Liabilities	3.19Cr	3.81Cr	1.65Cr	1.77Cr	4.57Cr
Long-Term Debt	3.91Cr	3.79Cr	24.66L	78.54L	5.05Cr
Other Non Current Liabilities	-	-	-1	1	10.32L
Total Liabilities	7.1Cr	7.6Cr	1.9Cr	2.56Cr	9.73Cr
Common Stock, Total	25L	25L	3.91Cr	4.17Cr	4.27Cr
Additional Paid In Capital	-	-	4.13Cr	7.81Cr	9.3Cr
Retained Earnings	2L	18.02L	-18.63L	-36.88L	-1.8Cr
Comprehensive Income and Other	-	-	-	76.81L	27.61L
Total Common Equity	27.42L	43.02L	7.85Cr	12Cr	12Cr
Minority Interest	-	-	1T	20T	20T
Total Equity	27.42L	43.02L	7.85Cr	12Cr	12Cr
Total Liabilities And Equity	7.37Cr	8.03Cr	9.75Cr	15Cr	22Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2L	2L	39.14L	41.7L	42.73L
ECS Total Common Shares Outstanding	2L	2L	39.14L	41.7L	42.73L
Book Value / Share	10.97	17.21	20.07	29.7	28.21
Tangible Book Value	27.42L	43.02L	7.85Cr	12Cr	12Cr
Tangible Book Value Per Share	10.97	17.21	20.07	29.7	28.21
Total Debt	5.09Cr	5.34Cr	47.97L	1.81Cr	6.79Cr
Net Debt	4.92Cr	5.29Cr	-16.69L	-2.17Cr	6.74Cr
Debt Equivalent Oper. Leases	28.8L	28.8L	10L	7L	16.34L
Minority Interest, Total (Incl. Fin. Div)	-	-	1T	20T	20T
Account Code - Inventory Valuation	5	5	5	3	3
Inventories - Raw Materials, Total	1.97Cr	2.1Cr	1.67Cr	1.68Cr	1.85Cr
Inventories - Work In Process, Total	9L	10.03L	8L	9L	9L
Inventories - Finished Goods, Total	19.87L	31.3L	16.98L	12.65L	12.52L
Land - (BS)	15.41L	15.41L	-	-	15.41L
Buildings, Total	1.62Cr	2.12Cr	-	2.43Cr	2.28Cr
Machinery, Total	2.47Cr	3.22Cr	-	5.44Cr	7.45Cr
Full Time Employees	-	-	76	68	47

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	10.06L	15.6L	-18.9L	-18.25L	-1.43Cr
Depreciation & Amortization - CF	47.14L	57.57L	62.49L	77.36L	94.95L
Depreciation & Amortization, Total	47.14L	57.57L	62.49L	77.36L	94.95L
(Gain) Loss From Sale Of Asset	-	66.52T	62.61T	-10.98L	-14.83L
Stock-Based Compensation (CF)	-	-	-	-	27.61L
Other Operating Activities, Total	42.24L	41.67L	14.01L	7L	11.13L
Change In Accounts Receivable	-50.39L	-12.24L	-45.7L	47.35L	-6L
Change In Inventories	-59.66L	-26.42L	59.46L	2L	-16.26L
Change In Accounts Payable	-	-	-73.91L	-1.13Cr	2.08Cr
Change in Other Net Operating Assets	82.57L	20.57L	-1.13Cr	-3L	56.24L
Cash from Operations	71.98L	97.43L	-1.15Cr	-11.48L	2.18Cr
Capital Expenditure	-1.19Cr	-93.84L	-85.67L	-2.75Cr	-12Cr
Sale of Property, Plant, and Equipment	-	2L	50T	21.22L	21.01L
Investment in Marketable and Equity Securities, Total	-	-	-50.88L	6L	44.94L
Other Investing Activities, Total	40L	-	3.39T	-	-
Cash from Investing	-79.21L	-91.84L	-1.36Cr	-2.48Cr	-11Cr
Short Term Debt Issued, Total	-	-	-	97.18L	71.74L
Long-Term Debt Issued, Total	1.11Cr	96.62L	-	81.47L	4.37Cr
Total Debt Issued	1.11Cr	96.62L	-	1.79Cr	5.09Cr
Long-Term Debt Repaid, Total	-58.18L	-72.33L	-4.86Cr	-45.63L	-5L
Total Debt Repaid	-58.18L	-72.33L	-4.86Cr	-45.63L	-5L
Issuance of Common Stock	-	-	7.61Cr	4.71Cr	82.58L
Other Financing Activities, Total	-41.26L	-42.84L	-15.49L	-6L	-4L
Cash from Financing	11.81L	-18.55L	2.6Cr	5.98Cr	5.82Cr
Miscellaneous Cash Flow Adjustments	-	9	1	-	1
Net Change in Cash	5L	-12.97L	9L	3.39Cr	-3.47Cr
Supplemental Items
Cash Interest Paid	41.26L	42.84L	15.03L	3L	6L
Cash Income Tax Paid (Refund)	-	7L	-3.65T	1L	6L
Levered Free Cash Flow	-97.74L	-43.86L	-2.12Cr	-2.95Cr	-9.45Cr
Unlevered Free Cash Flow	-71.94L	-17.08L	-2.03Cr	-2.93Cr	-9.42Cr
Change In Net Working Capital	27.5L	17.82L	1.73Cr	66.71L	-2.42Cr
Net Debt Issued / Repaid	53.07L	24.29L	-4.86Cr	1.33Cr	5.03Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.16	4.81	-0.74	-2.29	-5.1
Return on Total Capital	5.47	6.65	-0.93	-2.51	-5.67
Return On Equity %	44.95	44.3	-4.56	-1.8	-11.72
Return on Common Equity	44.95	44.3	-4.56	-1.8	-11.72
Margin Analysis
Gross Profit Margin %	38.83	33.71	28.37	29.34	23.18
SG&A Margin	14.16	12.61	10.35	9.95	10.04
EBITDA Margin %	7.01	7.7	2.51	1.44	-2.71
EBITA Margin %	3.39	3.91	-0.51	-2.03	-7.42
EBIT Margin %	3.39	3.91	-0.51	-2.03	-7.42
Income From Continuing Operations Margin %	0.77	1.03	-0.91	-0.82	-7.09
Net Income Margin %	0.77	1.03	-0.91	-0.82	-7.09
Net Avail. For Common Margin %	0.77	1.03	-0.91	-0.82	-7.09
Normalized Net Income Margin	0.52	0.9	-0.6	-0.77	-4.87
Levered Free Cash Flow Margin	-7.5	-2.89	-10.28	-13.24	-46.82
Unlevered Free Cash Flow Margin	-5.52	-1.13	-9.81	-13.14	-46.65
Asset Turnover
Asset Turnover	1.96	1.97	2.33	1.81	1.1
Fixed Assets Turnover	3.88	4.11	5.21	4.44	1.75
Receivables Turnover (Average Receivables)	12.88	11.45	12.8	13.87	14.44
Inventory Turnover (Average Inventory)	4.08	4.22	6.68	8.24	7.81
Short Term Liquidity
Current Ratio	1.2	1.08	3.41	5.05	1.03
Quick Ratio	0.46	0.38	1.51	3.02	0.34
Operating Cash Flow to Current Liabilities	0.23	0.26	-0.7	-0.06	0.48
Days Sales Outstanding (Average Receivables)	28.33	31.89	28.51	26.38	25.28
Days Outstanding Inventory (Average Inventory)	89.39	86.51	54.66	44.44	46.72
Average Days Payable Outstanding	57.52	64.27	40.36	14.87	25.98
Cash Conversion Cycle (Average Days)	60.2	54.14	42.8	55.95	46.02
Long Term Solvency
Total Debt/Equity	1.86T	1.24T	6.11	14.62	56.36
Total Debt / Total Capital	94.89	92.54	5.76	12.75	36.05
LT Debt/Equity	1.43T	881.5	3.14	6.34	41.91
Long-Term Debt / Total Capital	72.89	65.75	2.96	5.53	26.8
Total Liabilities / Total Assets	96.28	94.64	19.45	17.12	44.67
EBIT / Interest Expense	1.07	1.38	-0.68	-12.69	-26.04
EBITDA / Interest Expense	2.21	2.73	3.38	8.97	-9.53
(EBITDA - Capex) / Interest Expense	-0.68	0.54	-2.19	-68.06	-220.53
Total Debt / EBITDA	5.58	4.57	0.92	5.65	-12.41
Net Debt / EBITDA	5.38	4.53	-0.32	-6.76	-12.31
Total Debt / (EBITDA - Capex)	-18.28	23.25	-1.42	-0.74	-0.54
Net Debt / (EBITDA - Capex)	-17.64	23.04	0.5	0.89	-0.53
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.8	16.34	36.33	7.8	-9.41
Gross Profit, 1 Yr. Growth %	19.85	0.98	14.75	6.76	-25.27
EBITDA, 1 Yr. Growth %	-6.09	27.87	-55.49	-38.21	-270.88
EBITA, 1 Yr. Growth %	-16.52	34	-117.76	326.03	230.36
EBIT, 1 Yr. Growth %	-16.52	34	-117.76	326.03	230.36
Earnings From Cont. Operations, 1 Yr. Growth %	-1.27T	55.08	-221.15	-3.47	684.51
Net Income, 1 Yr. Growth %	-1.27T	55.08	-221.15	-3.47	684.51
Normalized Net Income, 1 Yr. Growth %	102.73	98.81	-191.09	38.83	472.31
Diluted EPS Before Extra, 1 Yr. Growth %	-1.27T	55.08	-110.74	-33.86	666.65
Accounts Receivable, 1 Yr. Growth %	66.31	9.68	32.97	-25.69	4.16
Inventory, 1 Yr. Growth %	36.07	11.74	-23.65	-0.85	8.54
Net Property, Plant and Equip., 1 Yr. Growth %	10.02	9.56	5.72	45.99	186.77
Total Assets, 1 Yr. Growth %	25.16	8.88	21.44	53.24	45.8
Tangible Book Value, 1 Yr. Growth %	57.98	56.91	1.73T	57.65	-2.66
Common Equity, 1 Yr. Growth %	57.98	56.91	1.73T	57.65	-2.66
Cash From Operations, 1 Yr. Growth %	-34.1	40.22	-217.61	-90.01	-2T
Capital Expenditures, 1 Yr. Growth %	50.26	-21.28	-8.71	221.12	340.86
Levered Free Cash Flow, 1 Yr. Growth %	414.25	-53.48	345.02	38.8	220.43
Unlevered Free Cash Flow, 1 Yr. Growth %	-785.2	-75.06	867.83	44.27	221.65
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	74.98	15.06	25.94	21.23	-1.18
Gross Profit, 2 Yr. CAGR %	102	10.01	7.65	13.1	-12.58
EBITDA, 2 Yr. CAGR %	116.15	9.58	-24.57	-47.62	2.76
EBITA, 2 Yr. CAGR %	174.16	5.77	-51.21	-12.53	275.16
EBIT, 2 Yr. CAGR %	174.16	5.77	-51.21	-12.53	275.16
Earnings From Cont. Operations, 2 Yr. CAGR %	21.81	325.08	37.07	8.14	175.18
Net Income, 2 Yr. CAGR %	21.81	325.08	37.07	8.14	175.18
Normalized Net Income, 2 Yr. CAGR %	-8.65	100.76	34.57	12.45	181.88
Diluted EPS Before Extra, 2 Yr. CAGR %	21.81	325.08	-59.2	-73.35	125.19
Accounts Receivable, 2 Yr. CAGR %	33.07	35.06	20.77	-0.6	-12.02
Inventory, 2 Yr. CAGR %	26.68	23.3	-7.63	-12.99	3.74
Net Property, Plant and Equip., 2 Yr. CAGR %	11.15	9.79	7.62	24.23	104.61
Total Assets, 2 Yr. CAGR %	15.86	16.74	14.99	36.42	49.48
Tangible Book Value, 2 Yr. CAGR %	22.67	57.44	435.22	436.48	23.88
Common Equity, 2 Yr. CAGR %	22.67	57.44	435.22	436.48	23.88
Cash From Operations, 2 Yr. CAGR %	-26.39	-5.56	28.59	-65.72	37.7
Capital Expenditures, 2 Yr. CAGR %	-36.82	8.76	-15.23	71.22	276.26
Levered Free Cash Flow, 2 Yr. CAGR %	-	51.91	50.12	148.58	110.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	27.53	72.12	273.74	115.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	52.72	21.76	19.58	10.01
Gross Profit, 3 Yr. CAGR %	-	60.31	11.57	8.91	-2.9
EBITDA, 3 Yr. CAGR %	-	81.45	-18.86	-29.47	-22.31
EBITA, 3 Yr. CAGR %	-	115.96	-41.65	0.83	36.22
EBIT, 3 Yr. CAGR %	-	115.96	-41.65	0.83	36.22
Earnings From Cont. Operations, 3 Yr. CAGR %	-	32.02	179.74	21.95	109.34
Net Income, 3 Yr. CAGR %	-	32.02	179.74	21.95	109.34
Normalized Net Income, 3 Yr. CAGR %	-	18.38	54.27	35.97	93.43
Diluted EPS Before Extra, 3 Yr. CAGR %	-	32.02	24.71	-52.07	-18.34
Accounts Receivable, 3 Yr. CAGR %	-	24.77	34.36	2.72	0.96
Inventory, 3 Yr. CAGR %	-	21.49	5.1	-5.42	-6.34
Net Property, Plant and Equip., 3 Yr. CAGR %	-	10.62	8.41	19.13	64.18
Total Assets, 3 Yr. CAGR %	-	13.48	18.28	26.54	39.48
Tangible Book Value, 3 Yr. CAGR %	-	33.16	256.36	256.11	203.71
Common Equity, 3 Yr. CAGR %	-	33.16	256.36	256.11	203.71
Cash From Operations, 3 Yr. CAGR %	-	-9.82	1.7	-45.13	30.65
Capital Expenditures, 3 Yr. CAGR %	-	-32.01	2.59	32.15	134.68
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	123.59	46.27	170.53
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	168.33	62.3	255.5
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	39.25	12.01
Gross Profit, 5 Yr. CAGR %	-	-	-	39.43	2.07
EBITDA, 5 Yr. CAGR %	-	-	-	10.38	-10.86
EBITA, 5 Yr. CAGR %	-	-	-	50.44	23.11
EBIT, 5 Yr. CAGR %	-	-	-	50.44	23.11
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	21.89	177.91
Net Income, 5 Yr. CAGR %	-	-	-	21.89	177.91
Normalized Net Income, 5 Yr. CAGR %	-	-	-	15.97	96.33
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-30.39	57.97
Accounts Receivable, 5 Yr. CAGR %	-	-	-	13.93	13.43
Inventory, 5 Yr. CAGR %	-	-	-	6.3	4.55
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	15.87	39.77
Total Assets, 5 Yr. CAGR %	-	-	-	22.15	29.89
Tangible Book Value, 5 Yr. CAGR %	-	-	-	132.52	133.52
Common Equity, 5 Yr. CAGR %	-	-	-	132.52	133.52
Cash From Operations, 5 Yr. CAGR %	-	-	-	-38.72	14.81
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-1.63	72.53
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	118.44
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	145.78