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T & I Global Ltd

TIGLOB·BSE
190.00+4.40%Wed, 23 Sept '26 15:08

T & I Global Ltd

TIGLOB
BSE
190.00
+4.40%
|Wed, 23 Sept '26 15:08
SOICxStockScans Reports
6M
Price
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Documents

Quick Ratios

Edit Ratios
Mkt Cap
Market Capitalization
96Cr
Close
Close Price
190.00
Industry
Industry
Engineering - Light - General
PE
Price To Earnings
15.47
PS
Price To Sales
0.79
Revenue
Revenue
122Cr
Rev Gr TTM
Revenue Growth TTM
18.26%
PAT Gr TTM
PAT Growth TTM
1.97%

Quarterly Results

Standalone
Numbers
Percentage
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
453935162220273525254230
Growth YoY
Revenue Growth YoY%
30.9-20.1-13.4-75.7-50.4-49.6-23.4119.013.226.555.7-12.3
Expenses
ExpensesCr
403832151919323023224528
Operating Profit
Operating ProfitCr
413131-5433-32
OPM
OPM%
10.01.97.95.715.04.7-18.911.710.010.7-8.38.1
Other Income
Other IncomeCr
24-3000500140
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
640131043302
Tax
TaxCr
210010-111101
PAT
PATCr
43-1131032302
Growth YoY
PAT Growth YoY%
90.5-7.5-155.5-83.3-38.2-82.8151.3352.6-31.7383.0-87.2-29.1
NPM
NPM%
9.47.9-2.23.611.72.71.57.57.110.20.16.0
EPS
EPS
8.36.1-1.51.15.11.00.85.13.55.10.13.6
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
453935162220273525254230
Growth YoY
Revenue Growth YoY%
30.9-20.1-13.4-75.7-50.4-49.6-23.4119.013.226.555.7-12.3
Expenses
ExpensesCr
403832151919323023224528
Operating Profit
Operating ProfitCr
413131-5433-32
OPM
OPM%
10.01.97.95.715.04.7-18.911.710.010.7-8.38.1
Other Income
Other IncomeCr
24-3000500140
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
640131043302
Tax
TaxCr
210010-111101
PAT
PATCr
43-1131032302
Growth YoY
PAT Growth YoY%
90.5-7.5-155.5-83.3-38.2-82.8151.3352.6-31.7383.0-87.2-29.1
NPM
NPM%
9.47.9-2.23.611.72.71.57.57.110.20.16.0
EPS
EPS
8.36.1-1.51.15.11.00.85.13.55.10.13.6

Profit & Loss

Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
1011391141329610210315218484126122
Growth
Revenue Growth%
38.637.0-18.116.4-27.66.51.347.320.5-54.049.518.3
Expenses
ExpensesCr
9913210712181899414317284121118
Operating Profit
Operating ProfitCr
267121513101012064
OPM
OPM%
2.34.65.88.715.813.29.36.46.50.14.53.4
Other Income
Other IncomeCr
203222443656
Interest Expense
Interest ExpenseCr
112211100000
Depreciation
DepreciationCr
111111111111
PBT
PBTCr
3471015141213145108
Tax
TaxCr
223344354132
PAT
PATCr
124712109810476
Growth
PAT Growth%
31.075.792.174.863.0-13.0-13.6-3.417.9-58.970.72.0
NPM
NPM%
1.21.53.65.412.19.98.45.55.44.85.55.1
EPS
EPS
2.44.28.014.122.919.917.216.619.68.113.712.3
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
1011391141329610210315218484126122
Growth
Revenue Growth%
38.637.0-18.116.4-27.66.51.347.320.5-54.049.518.3
Expenses
ExpensesCr
9913210712181899414317284121118
Operating Profit
Operating ProfitCr
267121513101012064
OPM
OPM%
2.34.65.88.715.813.29.36.46.50.14.53.4
Other Income
Other IncomeCr
203222443656
Interest Expense
Interest ExpenseCr
112211100000
Depreciation
DepreciationCr
111111111111
PBT
PBTCr
3471015141213145108
Tax
TaxCr
223344354132
PAT
PATCr
124712109810476
Growth
PAT Growth%
31.075.792.174.863.0-13.0-13.6-3.417.9-58.970.72.0
NPM
NPM%
1.21.53.65.412.19.98.45.55.44.85.55.1
EPS
EPS
2.44.28.014.122.919.917.216.619.68.113.712.3

Balance Sheet

Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
55555555555
Reserves
ReservesCr
1618222839506068798494
Current Liabilities
Current LiabilitiesCr
4878635636404356303346
Non Current Liabilities
Non Current LiabilitiesCr
00000000444
Total Liabilities
Total LiabilitiesCr
7010189898094107129118125149
Current Assets
Current AssetsCr
4778686851637181895566
Non Current Assets
Non Current AssetsCr
2222212129313649307183
Total Assets
Total AssetsCr
7010189898094107129118125149
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
55555555555
Reserves
ReservesCr
1618222839506068798494
Current Liabilities
Current LiabilitiesCr
4878635636404356303346
Non Current Liabilities
Non Current LiabilitiesCr
00000000444
Total Liabilities
Total LiabilitiesCr
7010189898094107129118125149
Current Assets
Current AssetsCr
4778686851637181895566
Non Current Assets
Non Current AssetsCr
2222212129313649307183
Total Assets
Total AssetsCr
7010189898094107129118125149

Cash Flow

Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
7-923-531875-253419
Investing Cash Flow
Investing Cash FlowCr
-2-100-9-1-5-1422-38-12
Financing Cash Flow
Financing Cash FlowCr
-112-132-20-1-10000
Net Cash Flow
Net Cash FlowCr
4210-3261-9-4-47
Free Cash Flow
Free Cash FlowCr
6-1023-631673-263218
CFO To PAT
CFO To PAT%
560.2-433.3570.4-70.8270.478.079.259.2-255.9824.0271.4
CFO To EBITDA
CFO To EBITDA%
291.9-144.9349.5-43.8207.758.472.051.1-213.865,545.0329.2
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
7-923-531875-253419
Investing Cash Flow
Investing Cash FlowCr
-2-100-9-1-5-1422-38-12
Financing Cash Flow
Financing Cash FlowCr
-112-132-20-1-10000
Net Cash Flow
Net Cash FlowCr
4210-3261-9-4-47
Free Cash Flow
Free Cash FlowCr
6-1023-631673-263218
CFO To PAT
CFO To PAT%
560.2-433.3570.4-70.8270.478.079.259.2-255.9824.0271.4
CFO To EBITDA
CFO To EBITDA%
291.9-144.9349.5-43.8207.758.472.051.1-213.865,545.0329.2

Ratios

Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
1433354429494449106677596
Price To Earnings
Price To Earnings
12.115.58.56.22.54.85.05.910.716.410.715.5
Price To Sales
Price To Sales
0.10.20.30.30.30.50.40.30.60.80.60.8
Price To Book
Price To Book
0.71.41.31.30.70.90.70.71.30.80.81.0
EV To EBITDA
EV To EBITDA
8.77.94.74.20.81.92.13.58.01,163.210.519.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
17.321.223.023.831.326.824.619.121.423.423.623.6
OPM
OPM%
2.34.65.88.715.813.29.36.46.50.14.53.4
NPM
NPM%
1.21.53.65.412.19.98.45.55.44.85.55.1
ROCE
ROCE%
11.411.420.023.936.326.419.117.816.55.310.010.0
ROE
ROE%
5.79.215.321.426.118.413.511.611.94.67.17.1
ROA
ROA%
1.72.14.68.014.510.78.16.58.43.34.74.7
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
1433354429494449106677596
Price To Earnings
Price To Earnings
12.115.58.56.22.54.85.05.910.716.410.715.5
Price To Sales
Price To Sales
0.10.20.30.30.30.50.40.30.60.80.60.8
Price To Book
Price To Book
0.71.41.31.30.70.90.70.71.30.80.81.0
EV To EBITDA
EV To EBITDA
8.77.94.74.20.81.92.13.58.01,163.210.519.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
17.321.223.023.831.326.824.619.121.423.423.623.6
OPM
OPM%
2.34.65.88.715.813.29.36.46.50.14.53.4
NPM
NPM%
1.21.53.65.412.19.98.45.55.44.85.55.1
ROCE
ROCE%
11.411.420.023.936.326.419.117.816.55.310.010.0
ROE
ROE%
5.79.215.321.426.118.413.511.611.94.67.17.1
ROA
ROA%
1.72.14.68.014.510.78.16.58.43.34.74.7
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
T & I Global Ltd is a Kolkata-based manufacturer that builds the machines the world’s tea industry runs on - and then grows tea with those same machines to prove they work. Founded by the Bagaria family in 1949 and now in its fourth generation, the company has spent over four decades refining a single, self-reinforcing loop: design and export tea-processing equipment to more than 35 countries, operate a 1,000-acre tea estate as a living showroom, and use the insights from both to keep improving the machinery. That loop - make it, use it, learn, make it better - is the recurring approach that explains everything else the company does. # Business segments Three engines that feed each other - a machinery-export leader that commands over 40% of its market, a food-processing offshoot built on the same factory floor, and a tea estate that doubles as a customer reference site. ## 1. Tea processing machinery: the export engine the business stands on **The company designs and builds entire tea factories - from the leaf-withering tunnel to the packing line - and sells them to producers across more than 35 countries, with a dominant position in exports.** - **Sells complete factories, not just machines** - the company provides turnkey solutions covering factory design, equipment supply, installation, commissioning, and operator training, including boilers, steam fittings, and electrical infrastructure, so a buyer gets a ready-to-run operation. - **Covers every major tea type** - the portfolio spans CTC machines (the “Crush, Tear, Curl” process that makes the granular tea for most tea bags), orthodox and green-tea equipment that handles whole leaves, and specialty machines like the Wizard Continuous Withering System and Questea ECP Dryer. - **Exclusive technology others cannot offer** - under Director Sangeet Bagaria, the company holds exclusive rights to patented Continuous Chemical Withering and Continuous Physical Withering systems, described as groundbreaking, along with three patents in tea-machinery innovation. - **Made under one roof with precision tooling** - the Kolkata factory integrates laser cutting, CNC and VMC machining, robotic welding, and sheet-metal punching, with a dedicated quality-control division operating a zero-defect policy and ISO 9001:2015 certification. ## 2. Food and agro-processing machinery: the tea-engine know-how applied to new crops **The same factory, R&D team, and drying expertise that serve tea producers have been extended to process coconuts, bananas, spices, rubber, and even industrial materials.** - **Drying technology repurposed** - the company supplies industrial dryers and complete processing lines for fruits, vegetables, herbs, spices, coconut products, and rubber dehydration, drawing directly on the drying know-how built for tea. - **First-in-India claims** - T & I Global says it was the first in India to deliver a complete banana dehydration line and the first to introduce high-efficiency dryers for Super Absorbent Polymers, a niche industrial material. - **Shared R&D backbone** - the in-house DSIR-certified research department, staffed with engineers and food technologists, develops machinery for both tea and food processing, so diversification does not require a separate innovation budget. ## 3. Mainak Tea Garden: the living showroom **A 1,000-acre tea estate in North Bengal that produces up to one million kilograms of CTC and green tea annually - and runs entirely on the company’s own machinery, so every buyer visit is a working demonstration.** - **A customer’s factory, owned by the seller** - the estate is equipped with T & I Global’s processing machinery, making it a permanent reference site where prospective buyers can see the equipment operating at commercial scale. - **Produces real tea for the domestic market** - the garden grows bi-clonal and bio-seed varieties, processes them under ISO and FSSAI standards with minimal manual handling, and sells the output entirely within India. - **Labour-intensive and weather-exposed** - like all Indian tea estates, the garden depends on skilled seasonal labour and is subject to the vagaries of nature, which makes it a realistic test environment for the machinery it showcases. # Group structure and partners **The company is a standalone, family-promoted entity with no subsidiaries - two associate companies sit within the promoter group, and one of them is also a supplier.** - T & I Projects Ltd., which held 13.86% of the company’s shares as of FY23, acts as a machinery supplier from which T & I Global undertakes trading activity, with goods supplied at reasonable market prices. - The company’s shares trade solely on the Bombay Stock Exchange after a voluntary delisting from the Calcutta Stock Exchange in December 2020.

Documents — T & I Global Ltd

  • Q1 FY2027 Quarterly Result (Jun 2026, PDF): https://www.stockscans.in/document/x1ikevfdkqry99e7fks3d02e.pdf
  • Q4 FY2026 Quarterly Result (Mar 2026, PDF): https://www.stockscans.in/document/qscp2gmmmioailnyfi67nkiv.pdf
  • Q3 FY2026 Quarterly Result (Dec 2025, PDF): https://www.stockscans.in/document/p75pm9qtgacows76w423cox0.pdf
  • Q2 FY2026 Quarterly Result (Sep 2025, PDF): https://www.stockscans.in/document/to6r6jn9n7rmz715qd09opiw.pdf
  • Q1 FY2026 Quarterly Result (Jun 2025, PDF): https://www.stockscans.in/document/mgi24ambgz1wf00eeftymbz5.pdf
  • Q4 FY2025 Quarterly Result (Mar 2025, PDF): https://www.stockscans.in/document/m1ayo6k1d892h5cp601iapdc.pdf
  • Q3 FY2025 Quarterly Result (Dec 2024, PDF): https://www.stockscans.in/document/0l5w3r8cy2ihs68nwpa9qqpu.pdf
  • Q2 FY2025 Quarterly Result (Sep 2024, PDF): https://www.stockscans.in/document/cfy733ag3z85a9x0kq0j15wx.pdf
  • FY2026 Annual Report (PDF): https://www.stockscans.in/document/8kj609tgn8vy3m5fdv05o2pv.pdf
  • FY2025 Annual Report (PDF): https://www.stockscans.in/document/u6mhjiaip20ecnga8wglrha7.pdf
  • FY2024 Annual Report (PDF): https://www.stockscans.in/document/bgo0j1zibhhhs8rcdd9hijyt.pdf
  • FY2023 Annual Report (PDF): https://www.stockscans.in/document/8xyaxwqsyceg6a51xbc9xjjz.pdf
  • FY2022 Annual Report (PDF): https://www.stockscans.in/document/v9bqh5q48fr7jynmgdc8hohr.pdf
  • FY2021 Annual Report (PDF): https://www.stockscans.in/document/phzck25kdi0lpb8x4v9dgpxf.pdf