TBI Corn FY26: 43% Volume Growth, Stronger Cash Flows, and the Next Phase of Capacity-Led Scale

The presentation describes TBI Corn Limited as a manufacturer and exporter of corn-based products including corn grits, corn bran, broken maize, processed maize, corn flakes, and corn flour/meal.

Consolidated revenue from operations for FY26 is shown as INR 3,036.8 million (INR 303.68 crore).

FY26 volumes were 103,251 MT, up 43.6% year-on-year, and H2FY26 volumes were 58,242 MT, up 43.5% year-on-year.

FY26 segment-wise revenue share is shown as Corn Grits 33%, Corn Bran 23%, Broken Maize 15%, Processed Maize 14%, Corn Flakes 6%, and Other Products 9%.

FY26 revenue share is shown as Domestic 92% and Export 8%.

The presentation reports operating cash flow of positive INR 33.41 crore in FY26, versus negative INR 29.56 crore in FY25.