Cash flow Tapi Fruit Processing Limited

Stocks

TAPIFRUIT

INE0M7001010

Food Processing

Market Closed - NSE India S.E. 12:05:09 24/09/2026 BST			5-day change	1st Jan Change
43.50 ^INR	-1.69%		-1.69%	-36.96%

05-24	Tapi Fruit Processing Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
11-11	Tapi Fruit Processing Limited Reports Earnings Results for the Half Year Ended September 30, 2025	CI

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Published financial data: TAPI FRUIT PROCESSING LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	152M	207M	223M	202M	285M
Total Revenues	152M	207M	223M	202M	285M
Cost of Goods Sold, Total	101M	148M	157M	155M	203M
Gross Profit	51.11M	58.65M	65.38M	46.79M	81.83M
Selling General & Admin Expenses, Total	19.12M	21.4M	22.17M	20.26M	26.28M
Stock-Based Compensation (IS)	-	-	-	2.76M	587K
Depreciation & Amortization - (IS)	5.75M	6.25M	7.74M	9.49M	27.36M
Other Operating Expenses	20.32M	32.05M	40.01M	29.24M	37.78M
Other Operating Expenses, Total	45.19M	59.7M	69.91M	61.76M	92M
Operating Income	5.92M	-1.05M	-4.53M	-14.97M	-10.17M
Interest Expense, Total	-4.29M	-1.54M	-357K	-575K	-6.27M
Interest And Investment Income	576K	667K	2.37M	194K	82.73K
Net Interest Expenses	-3.71M	-869K	2.01M	-380K	-6.19M
Currency Exchange Gains (Loss)	-	-11.62K	14.17K	2.69K	32.35K
Other Non Operating Income (Expenses)	-40.3K	-47.43K	-245K	-386K	-633K
EBT, Excl. Unusual Items	2.17M	-1.98M	-2.75M	-15.73M	-16.95M
Gain (Loss) On Sale Of Investments	-	-	79.35K	714K	-
Other Unusual Items	-66.52K	-62.61K	1.1M	1.48M	-21.38K
EBT, Incl. Unusual Items	2.11M	-2.04M	-1.57M	-13.54M	-16.98M
Income Tax Expense	547K	-153K	252K	778K	-155K
Earnings From Continuing Operations	1.56M	-1.89M	-1.82M	-14.32M	-16.82M
Net Income to Company	1.56M	-1.89M	-1.82M	-14.32M	-16.82M
Net Income - (IS)	1.56M	-1.89M	-1.82M	-14.32M	-16.82M
Net Income to Common Incl Extra Items	1.56M	-1.89M	-1.82M	-14.32M	-16.82M
Net Income to Common Excl. Extra Items	1.56M	-1.89M	-1.82M	-14.32M	-16.82M
Per Share Items
Net EPS - Basic	6.24	-0.67	-0.44	-3.4	-3.92
Basic EPS - Continuing Operations	6.24	-0.67	-0.44	-3.4	-3.92
Basic Weighted Average Shares Outstanding	250K	2.84M	4.12M	4.21M	4.29M
Net EPS - Diluted	6.24	-0.67	-0.44	-3.4	-3.92
Diluted EPS - Continuing Operations	6.24	-0.67	-0.44	-3.4	-3.92
Diluted Weighted Average Shares Outstanding	250K	2.84M	4.12M	4.21M	4.29M
Normalized Basic EPS	5.44	-0.44	-0.42	-2.33	-2.47
Normalized Diluted EPS	5.44	-0.44	-0.42	-2.33	-2.47
Supplemental Items
EBITDA	11.68M	5.2M	3.2M	-5.48M	17.19M
EBITA	5.92M	-1.05M	-4.53M	-14.97M	-10.17M
EBIT	5.92M	-1.05M	-4.53M	-14.97M	-10.17M
EBITDAR	12.04M	5.32M	3.29M	-5.27M	17.2M
Total Revenues (As Reported)	152M	207M	225M	203M	285M
Effective Tax Rate - (Ratio)	25.96	7.47	-16.05	-5.74	0.91
Total Current Taxes	664K	12.62K	135K	534K	478K
Total Deferred Taxes	-117K	-149K	117K	173K	-633K
Normalized Net Income	1.36M	-1.24M	-1.72M	-9.83M	-10.6M
Interest on Long-Term Debt	-	681K	338K	476K	5.08M
Supplemental Operating Expense Items
Advertising Expense	211K	998K	577K	397K	377K
Marketing Expenses	593K	1.15M	1.23M	1.09M	558K
Selling and Marketing Expenses	804K	2.15M	1.8M	1.49M	935K
Net Rental Expense, Total	360K	120K	84K	204K	16K
Imputed Operating Lease Interest Expense	237K	50.69K	20.96K	21.95K	8.85K
Imputed Operating Lease Depreciation	123K	69.31K	63.04K	182K	7.15K
Maintenance & Repair Expenses, Total	1.84M	2.58M	-	2.03M	2.11M
Stock-Based Comp., Other (Total)	-	-	-	2.76M	587K
Total Stock-Based Compensation	-	-	-	2.76M	587K

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	475K	1.38M	35.26M	546K	555K
Short Term Investments	-	5.08M	4.5M	-	-
Total Cash And Short Term Investments	475K	6.47M	39.76M	546K	555K
Accounts Receivable, Total	13.86M	18.43M	13.7M	14.27M	19.19M
Other Receivables	16.73K	-	126K	934K	9.35M
Total Receivables	13.88M	18.43M	13.82M	15.2M	28.54M
Inventory	25.15M	19.2M	19.04M	20.66M	31.79M
Prepaid Expenses	32.09K	-	136K	130K	769K
Other Current Assets, Total	1.43M	12.1M	16.72M	10.37M	14.86M
Total Current Assets	40.96M	56.2M	89.48M	46.9M	76.52M
Gross Property Plant And Equipment	54.9M	-	87.46M	205M	244M
Accumulated Depreciation	-16.33M	-	-27.94M	-34.28M	-60.7M
Net Property Plant And Equipment	38.57M	40.77M	59.52M	171M	183M
Long-term Investments	94.22K	100K	103K	110K	118K
Other Intangibles, Total	-	-	-	-	25K
Deferred Tax Assets Long-Term	276K	424K	308K	134K	767K
Deferred Charges Long-Term	3.39K	-	-	-	-
Other Long-Term Assets, Total	385K	-	-	-	-
Total Assets	80.29M	97.5M	149M	218M	261M
Liabilities
Accounts Payable, Total	19.41M	12.02M	760K	21.55M	30.34M
Accrued Expenses, Total	1.93M	687K	1.87M	431K	1.22M
Short-term Borrowings	11.22M	23.56K	9.74M	8.42M	44.18M
Current Portion of Long-Term Debt	4.23M	2.31M	504K	9M	12.09M
Current Income Taxes Payable	664K	12.62K	135K	534K	474K
Unearned Revenue Current, Total	-	19K	-	-	-
Other Current Liabilities	605K	1.42M	4.71M	5.82M	4.85M
Total Current Liabilities	38.06M	16.49M	17.72M	45.75M	93.16M
Long-Term Debt	37.92M	2.47M	7.85M	50.52M	57M
Other Non Current Liabilities	-	-1	1	1.03M	5.07M
Total Liabilities	75.99M	18.96M	25.57M	97.3M	155M
Common Stock, Total	2.5M	39.14M	41.7M	42.73M	43M
Additional Paid In Capital	-	41.27M	78.13M	93.04M	96.55M
Retained Earnings	1.8M	-1.86M	-3.69M	-18M	-34.16M
Comprehensive Income and Other	-	-	7.68M	2.76M	-
Total Common Equity	4.3M	78.54M	124M	121M	105M
Minority Interest	-	1K	20K	20K	20K
Total Equity	4.3M	78.54M	124M	121M	105M
Total Liabilities And Equity	80.29M	97.5M	149M	218M	261M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	250K	3.91M	4.17M	4.27M	4.3M
ECS Total Common Shares Outstanding	250K	3.91M	4.17M	4.27M	4.3M
Book Value / Share	17.21	20.07	29.7	28.21	24.51
Tangible Book Value	4.3M	78.54M	124M	121M	105M
Tangible Book Value Per Share	17.21	20.07	29.7	28.21	24.5
Total Debt	53.38M	4.8M	18.1M	67.94M	113M
Net Debt	52.9M	-1.67M	-21.66M	67.39M	113M
Debt Equivalent Oper. Leases	2.88M	960K	672K	1.63M	128K
Minority Interest, Total (Incl. Fin. Div)	-	1K	20K	20K	20K
Account Code - Inventory Valuation	5	5	3	3	3
Inventories - Raw Materials, Total	21.01M	16.69M	16.84M	18.53M	27.59M
Inventories - Work In Process, Total	1M	812K	936K	885K	1.49M
Inventories - Finished Goods, Total	3.13M	1.7M	1.26M	1.25M	2.71M
Land - (BS)	1.54M	-	-	1.54M	1.54M
Buildings, Total	21.17M	-	24.33M	22.79M	28.38M
Machinery, Total	32.19M	-	54.43M	74.5M	200M
Full Time Employees	-	76	68	47	61

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	1.56M	-1.89M	-1.82M	-14.32M	-16.82M
Depreciation & Amortization - CF	5.76M	6.25M	7.74M	9.49M	27.36M
Depreciation & Amortization, Total	5.76M	6.25M	7.74M	9.49M	27.36M
(Gain) Loss From Sale Of Asset	66.52K	62.61K	-1.1M	-1.48M	21.38K
Stock-Based Compensation (CF)	-	-	-	2.76M	587K
Other Operating Activities, Total	4.17M	1.4M	709K	1.11M	6.24M
Change In Accounts Receivable	-1.22M	-4.57M	4.73M	-569K	-4.92M
Change In Inventories	-2.64M	5.95M	163K	-1.63M	-11.13M
Change In Accounts Payable	-	-7.39M	-11.26M	20.79M	8.8M
Change in Other Net Operating Assets	2.06M	-11.3M	-307K	5.62M	-13.81M
Cash from Operations	9.74M	-11.49M	-1.15M	21.78M	-3.68M
Capital Expenditure	-9.38M	-8.57M	-27.51M	-121M	-40.78M
Sale of Property, Plant, and Equipment	200K	50K	2.12M	2.1M	890K
Sale (Purchase) of Intangible assets	-	-	-	-	-25K
Investment in Marketable and Equity Securities, Total	-	-5.09M	597K	4.49M	-7.65K
Other Investing Activities, Total	-	3.39K	-	-	-
Cash from Investing	-9.18M	-13.6M	-24.79M	-115M	-39.92M
Short Term Debt Issued, Total	-	-	9.72M	7.17M	35.79M
Long-Term Debt Issued, Total	9.66M	-	8.15M	43.69M	23.99M
Total Debt Issued	9.66M	-	17.86M	50.86M	59.78M
Long-Term Debt Repaid, Total	-7.23M	-48.58M	-4.56M	-523K	-10.4M
Total Debt Repaid	-7.23M	-48.58M	-4.56M	-523K	-10.4M
Issuance of Common Stock	-	76.13M	47.1M	8.26M	1.1M
Other Financing Activities, Total	-4.28M	-1.55M	-592K	-408K	-6.87M
Cash from Financing	-1.86M	26M	59.82M	58.19M	43.61M
Miscellaneous Cash Flow Adjustments	9	1	-	1	-
Net Change in Cash	-1.3M	909K	33.88M	-34.71M	8.79K
Supplemental Items
Cash Interest Paid	4.28M	1.5M	347K	553K	6.14M
Cash Income Tax Paid (Refund)	664K	-3.65K	135K	605K	478K
Levered Free Cash Flow	-4.39M	-21.25M	-29.5M	-94.53M	-44.19M
Unlevered Free Cash Flow	-1.71M	-20.29M	-29.28M	-94.17M	-40.27M
Change In Net Working Capital	1.78M	17.31M	6.67M	-24.22M	21.05M
Net Debt Issued / Repaid	2.43M	-48.58M	13.3M	50.34M	49.38M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	4.81	-0.74	-2.29	-5.1	-2.66
Return on Total Capital	6.65	-0.93	-2.51	-5.67	-3.12
Return On Equity %	44.3	-4.56	-1.8	-11.72	-14.89
Return on Common Equity	44.3	-4.56	-1.8	-11.72	-14.89
Margin Analysis
Gross Profit Margin %	33.71	28.37	29.34	23.18	28.69
SG&A Margin	12.61	10.35	9.95	10.04	9.21
EBITDA Margin %	7.7	2.51	1.44	-2.71	6.02
EBITA Margin %	3.91	-0.51	-2.03	-7.42	-3.56
EBIT Margin %	3.91	-0.51	-2.03	-7.42	-3.56
Income From Continuing Operations Margin %	1.03	-0.91	-0.82	-7.09	-5.9
Net Income Margin %	1.03	-0.91	-0.82	-7.09	-5.9
Net Avail. For Common Margin %	1.03	-0.91	-0.82	-7.09	-5.9
Normalized Net Income Margin	0.9	-0.6	-0.77	-4.87	-3.71
Levered Free Cash Flow Margin	-2.89	-10.28	-13.24	-46.82	-15.49
Unlevered Free Cash Flow Margin	-1.13	-9.81	-13.14	-46.65	-14.12
Asset Turnover
Asset Turnover	1.97	2.33	1.81	1.1	1.19
Fixed Assets Turnover	4.11	5.21	4.44	1.75	1.61
Receivables Turnover (Average Receivables)	11.45	12.8	13.87	14.44	17.06
Inventory Turnover (Average Inventory)	4.22	6.68	8.24	7.81	7.76
Short Term Liquidity
Current Ratio	1.08	3.41	5.05	1.03	0.82
Quick Ratio	0.38	1.51	3.02	0.34	0.31
Operating Cash Flow to Current Liabilities	0.26	-0.7	-0.06	0.48	-0.04
Days Sales Outstanding (Average Receivables)	31.89	28.51	26.38	25.28	21.4
Days Outstanding Inventory (Average Inventory)	86.51	54.66	44.44	46.72	47.06
Average Days Payable Outstanding	64.27	40.36	14.87	25.98	44.13
Cash Conversion Cycle (Average Days)	54.14	42.8	55.95	46.02	24.32
Long Term Solvency
Total Debt/Equity	1.24K	6.11	14.62	56.36	107.47
Total Debt / Total Capital	92.54	5.76	12.75	36.05	51.8
LT Debt/Equity	881.5	3.14	6.34	41.91	54.08
Long-Term Debt / Total Capital	65.75	2.96	5.53	26.8	26.07
Total Liabilities / Total Assets	94.64	19.45	17.12	44.67	59.56
EBIT / Interest Expense	1.38	-0.68	-12.69	-26.04	-1.62
EBITDA / Interest Expense	2.73	3.38	8.97	-9.53	2.74
(EBITDA - Capex) / Interest Expense	0.54	-2.19	-68.06	-220.53	-3.76
Total Debt / EBITDA	4.57	0.92	5.65	-12.41	6.59
Net Debt / EBITDA	4.53	-0.32	-6.76	-12.31	6.56
Total Debt / (EBITDA - Capex)	23.25	-1.42	-0.74	-0.54	-4.8
Net Debt / (EBITDA - Capex)	23.04	0.5	0.89	-0.53	-4.78
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.34	36.33	7.8	-9.41	41.29
Gross Profit, 1 Yr. Growth %	0.98	14.75	6.76	-25.27	74.81
EBITDA, 1 Yr. Growth %	27.87	-55.49	-38.21	-270.88	-415.5
EBITA, 1 Yr. Growth %	34	-117.76	326.03	230.36	-31.95
EBIT, 1 Yr. Growth %	34	-117.76	326.03	230.36	-31.95
Earnings From Cont. Operations, 1 Yr. Growth %	55.08	-221.15	-3.47	684.51	17.5
Net Income, 1 Yr. Growth %	55.08	-221.15	-3.47	684.51	17.5
Normalized Net Income, 1 Yr. Growth %	98.81	-191.09	38.83	472.31	7.75
Diluted EPS Before Extra, 1 Yr. Growth %	55.08	-110.74	-33.86	666.65	15.38
Accounts Receivable, 1 Yr. Growth %	9.68	32.97	-25.69	4.16	34.5
Inventory, 1 Yr. Growth %	11.74	-23.65	-0.85	8.54	53.85
Net Property, Plant and Equip., 1 Yr. Growth %	9.56	5.72	45.99	186.77	7.33
Total Assets, 1 Yr. Growth %	8.88	21.44	53.24	45.8	19.64
Tangible Book Value, 1 Yr. Growth %	56.91	1.73K	57.65	-2.66	-12.58
Common Equity, 1 Yr. Growth %	56.91	1.73K	57.65	-2.66	-12.56
Cash From Operations, 1 Yr. Growth %	40.22	-217.61	-90.01	-2K	-116.9
Capital Expenditures, 1 Yr. Growth %	-21.28	-8.71	221.12	340.86	-66.38
Levered Free Cash Flow, 1 Yr. Growth %	-53.48	345.02	38.8	220.43	-53.25
Unlevered Free Cash Flow, 1 Yr. Growth %	-75.06	867.83	44.27	221.65	-57.23
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	15.06	25.94	21.23	-1.18	13.14
Gross Profit, 2 Yr. CAGR %	10.01	7.65	13.1	-12.58	14.32
EBITDA, 2 Yr. CAGR %	9.58	-24.57	-47.62	2.76	131.6
EBITA, 2 Yr. CAGR %	5.77	-51.21	-12.53	275.16	49.79
EBIT, 2 Yr. CAGR %	5.77	-51.21	-12.53	275.16	49.79
Earnings From Cont. Operations, 2 Yr. CAGR %	325.08	37.07	8.14	175.18	203.62
Net Income, 2 Yr. CAGR %	325.08	37.07	8.14	175.18	203.62
Normalized Net Income, 2 Yr. CAGR %	100.76	34.57	12.45	181.88	148.33
Diluted EPS Before Extra, 2 Yr. CAGR %	325.08	-59.2	-73.35	125.19	197.42
Accounts Receivable, 2 Yr. CAGR %	35.06	20.77	-0.6	-12.02	18.36
Inventory, 2 Yr. CAGR %	23.3	-7.63	-12.99	3.74	29.23
Net Property, Plant and Equip., 2 Yr. CAGR %	9.79	7.62	24.23	104.61	75.44
Total Assets, 2 Yr. CAGR %	16.74	14.99	36.42	49.48	32.08
Tangible Book Value, 2 Yr. CAGR %	57.44	435.22	436.48	23.88	-7.75
Common Equity, 2 Yr. CAGR %	57.44	435.22	436.48	23.88	-7.74
Cash From Operations, 2 Yr. CAGR %	-5.56	28.59	-65.72	37.7	79.09
Capital Expenditures, 2 Yr. CAGR %	8.76	-15.23	71.22	276.26	21.75
Levered Free Cash Flow, 2 Yr. CAGR %	51.91	50.12	148.58	110.9	22.38
Unlevered Free Cash Flow, 2 Yr. CAGR %	27.53	72.12	273.74	115.42	17.28
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	52.72	21.76	19.58	10.01	11.33
Gross Profit, 3 Yr. CAGR %	60.31	11.57	8.91	-2.9	10.15
EBITDA, 3 Yr. CAGR %	81.45	-18.86	-29.47	-22.31	49.1
EBITA, 3 Yr. CAGR %	115.96	-41.65	0.83	36.22	112.23
EBIT, 3 Yr. CAGR %	115.96	-41.65	0.83	36.22	112.23
Earnings From Cont. Operations, 3 Yr. CAGR %	32.02	179.74	21.95	109.34	107.22
Net Income, 3 Yr. CAGR %	32.02	179.74	21.95	109.34	107.22
Normalized Net Income, 3 Yr. CAGR %	18.38	54.27	35.97	93.43	104.57
Diluted EPS Before Extra, 3 Yr. CAGR %	32.02	24.71	-52.07	-18.34	80.19
Accounts Receivable, 3 Yr. CAGR %	24.77	34.36	2.72	0.96	1.35
Inventory, 3 Yr. CAGR %	21.49	5.1	-5.42	-6.34	18.3
Net Property, Plant and Equip., 3 Yr. CAGR %	10.62	8.41	19.13	64.18	65.01
Total Assets, 3 Yr. CAGR %	13.48	18.28	26.54	39.48	38.79
Tangible Book Value, 3 Yr. CAGR %	33.16	256.36	256.11	203.71	10.29
Common Equity, 3 Yr. CAGR %	33.16	256.36	256.11	203.71	10.3
Cash From Operations, 3 Yr. CAGR %	-9.82	1.7	-45.13	30.65	-31.56
Capital Expenditures, 3 Yr. CAGR %	-32.01	2.59	32.15	134.68	68.22
Levered Free Cash Flow, 3 Yr. CAGR %	-	123.59	46.27	170.53	27.63
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	168.33	62.3	255.5	25.66
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	39.25	12.01	16.96
Gross Profit, 5 Yr. CAGR %	-	-	39.43	2.07	10.09
EBITDA, 5 Yr. CAGR %	-	-	10.38	-10.86	13.48
EBITA, 5 Yr. CAGR %	-	-	50.44	23.11	18.13
EBIT, 5 Yr. CAGR %	-	-	50.44	23.11	18.13
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	21.89	177.91	75.64
Net Income, 5 Yr. CAGR %	-	-	21.89	177.91	75.64
Normalized Net Income, 5 Yr. CAGR %	-	-	15.97	96.33	73.02
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-30.39	57.97	-0.53
Accounts Receivable, 5 Yr. CAGR %	-	-	13.93	13.43	8.71
Inventory, 5 Yr. CAGR %	-	-	6.3	4.55	7.15
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	15.87	39.77	39.08
Total Assets, 5 Yr. CAGR %	-	-	22.15	29.89	28.73
Tangible Book Value, 5 Yr. CAGR %	-	-	132.52	133.52	107.46
Common Equity, 5 Yr. CAGR %	-	-	132.52	133.52	107.47
Cash From Operations, 5 Yr. CAGR %	-	-	-38.72	14.81	-11.92
Capital Expenditures, 5 Yr. CAGR %	-	-	-1.63	72.53	27.89
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	118.44	36.2
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	145.78	42.52