Tirupati Innovar Limited - automotive in Jogeshwari West, Maharashtra, India. FY 2026 financials & compliance.
CIN L46209MH1988PLC285197 Incorporated 03 May 1988 ROC Mumbai HQ Jogeshwari West, Maharashtra, India
Active Listed - BSE: 539040 Public Limited Company automotive
Market Cap
₹42.82 Cr
TIRUPATIIN · BSE
Share Price
₹6.16
+1.99% today
Revenue
₹143 Cr
FY 2025-26 · +1198.7% YoY
EBITDA
−₹0.62 Cr
Margin -0.4%
Net Profit
₹0.66 Cr
FY 2025-26 · -34.0% YoY
P/E (TTM)
66.2x
P/B 0.4x
Authorised capital
₹99 Cr
Registered with MCA
Paid-up capital
₹24.44 Cr
Issued & subscribed

About Tirupati Innovar Limited

Data last updated:

Tirupati Innovar Limited is a public limited company based in Jogeshwari West, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 03 May 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L46209MH1988PLC285197. The company has 2 GST registrations on record, none of which is active. It is a listed company as per MCA records. Its shares are listed on BSE: 539040.

The company has an authorised share capital of ₹99 Cr and a paid-up capital of ₹24.44 Cr. It was formerly known as Tirupati Tyres Ltd. It is led by directors including Kiran Parsotambhai Makhecha and Ashishbhai Jentilal Bechara.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Jogeshwari West, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹142.73 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹66 Lakh (net margin 0.5%) and EBITDA of -₹62 Lakh (EBITDA margin -0.4%).

Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending. The company has 170 deals on record (166 market trades, 4 acquisitions); the latest was in August 2026.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tirupatityresltd.com.

Company details

CIN L46209MH1988PLC285197
Registration Number 285197
Incorporation Date 03 May 1988
ROC Mumbai
Listing Status Listed - Listed on BSE (539040)
Company Status Active
Compliance Status Active Compliant

CIN history

Tirupati Innovar has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L46209MH1988PLC285197, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L46209MH1988PLC285197Current
L25111MH1988PLC285197Previous
L25111PB1988PLC008339Previous

Contact details

Tirupati Innovar Limited's registered office is in Jogeshwari West, Maharashtra.

  • Registered Address
    Unit No 606 Reliables Pride Anand Nagar, Opp Heera Panna, Jogeshwari West, Maharashtra, India – 400102
  • Industry
    Automotive, Auto Dealership & Trading
Comprehensive company report
Tirupati Innovar Limited - one report that includes everything
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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Financials of Tirupati Innovar Limited

FY 2025-26 filings available

Tirupati Innovar Limited reported revenue of ₹142.73 Cr (up 1198.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹143 Cr
+1198.7% YoY
EBITDA
−₹0.62 Cr
-219.2% YoY
Profit After Tax
₹0.66 Cr
-34.0% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14310.990.000.000.000.000.00
Revenue growth+1198.7%------
EBITDA(0.62)0.52(0.28)(0.07)(0.11)(0.70)(0.17)
EBITDA margin-0.4%+4.7%-----
Profit before tax0.881.340.120.220.15(0.70)(0.17)
Net profit0.661.000.090.220.15(0.12)(0.17)
Net profit margin+0.5%+9.1%-----
EPS (₹)0.270.410.040.090.46(2.02)(0.49)
Balance sheet
Total assets-59.6454.0053.911.201.151.74
Net worth-54.9954.0053.911.191.041.73
Total debt-4.650.000.000.000.110.00
Cash & bank-0.220.040.080.030.060.03
Net working capital-59.5653.8653.921.201.151.15
Cash flow
Cash from operations-(4.46)0.02(0.29)0.08(0.67)0.11
Cash from investing-0.000.000.000.000.580.00
Cash from financing-4.64(0.07)0.34(0.10)0.12(0.09)
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue73.2021.0048.530.0010.990.000.000.00
Revenue growth (YoY)+566.1%-------
Other income0.390.000.001.110.000.370.230.22
Total expenses76.0420.6246.500.1910.080.170.170.06
EBITDA(2.84)0.382.03(0.19)0.91(0.17)(0.17)(0.06)
EBITDA margin-3.9%+1.8%+4.2%-+8.3%---
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax(2.45)0.382.030.920.910.200.060.16
Tax(0.62)0.100.510.230.230.040.020.05

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
Revenue73.2021.0048.530.0010.990.000.000.00
Revenue growth (YoY)+566.1%-------
Other income0.390.000.001.110.000.370.230.22
Total expenses76.0420.6246.500.1910.080.170.170.06
EBITDA(2.84)0.382.03(0.19)0.91(0.17)(0.17)(0.06)
EBITDA margin-3.9%+1.8%+4.2%-+8.3%---
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax(2.45)0.382.030.920.910.200.060.16
Tax(0.62)0.100.510.230.230.040.020.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14310.990.000.000.000.000.00
Revenue growth+1198.7%------
Other income1.500.820.410.290.260.000.00
Total expenses14310.470.280.070.110.700.17
Employee cost0.000.360.170.030.030.030.00
EBITDA(0.62)0.52(0.28)(0.07)(0.11)(0.70)(0.17)
EBITDA margin-0.4%+4.7%-----
Depreciation0.000.000.000.000.000.000.00
Interest0.000.000.010.000.000.000.00
Profit before tax0.881.340.120.220.15(0.70)(0.17)
Tax0.220.340.030.000.000.000.00
Net profit0.661.000.090.220.15(0.12)(0.17)
Net profit margin+0.5%+9.1%-----
EPS (₹)0.270.410.040.090.46(2.02)(0.49)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-24.4424.4424.443.443.443.44
Reserves & surplus-30.5529.5629.47(2.25)(2.40)(1.71)
Shareholders' funds (net worth)-54.9954.0053.911.191.041.73
Secured loans-4.650.000.000.000.000.00
Unsecured loans-0.000.000.000.000.110.00
Total debt-4.650.000.000.000.110.00
Total liabilities-59.6454.0053.911.201.151.74
Assets
Gross block-0.000.000.000.000.000.00
Net block-0.000.000.000.000.000.00
Capital work in progress-0.000.000.000.000.000.00
Investments-0.000.000.000.000.000.58
Inventories-0.000.000.000.000.000.00
Sundry debtors-12.601.311.251.181.121.15
Cash & bank balances-0.220.040.080.030.060.03
Loans & advances-57.0452.5752.620.050.000.01
Total current assets-69.8653.9253.951.261.181.19
Total current liabilities-10.300.060.030.060.030.04
Net working capital-59.5653.8653.921.201.151.15
Total assets-59.6454.0053.911.201.151.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-0.040.080.030.060.030.02
Net cash from operating activities-(4.46)0.02(0.29)0.08(0.67)0.11
Net cash from investing activities-0.000.000.000.000.580.00
Net cash from financing activities-4.64(0.07)0.34(0.10)0.12(0.09)
Net change in cash-0.19(0.05)0.05(0.02)0.030.01
Closing cash-0.220.040.080.030.060.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1198.7%------
EBITDA growth-219.2%+285.7%-300.0%+36.4%+84.3%-311.8%-
PBT growth-34.3%+1016.7%-45.5%+46.7%+9998.0%-311.8%+46.9%
Net income growth-34.0%+1011.1%-59.1%+46.7%+225.0%+29.4%-
Revenue CAGR (3Y)-----100.0%-100.0%-100.0%
EBITDA CAGR (3Y)+106.9%--26.3%-25.6%-28.4%--
Profitability & leverage
Net income margin+0.5%+9.1%-----
Return on capital employed-+2.3%+0.2%+0.8%+7.0%0.0%0.0%
Return on net worth-+1.8%+0.2%+0.8%+7.1%0.0%0.0%
Debt / equity-0.040.000.000.050.040.02
Long-term debt / equity-0.040.000.000.050.040.02
Interest cover0.000.00-3.570.000.000.000.00
Efficiency & per share
Fixed asset turnover-0.000.000.000.000.000.00
Inventory turnover-0.000.000.000.000.000.00
Debtors turnover-1.580.000.000.000.000.00
EPS (₹)0.270.410.040.090.46(2.02)(0.49)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0022.5022.0922.063.483.025.04

To see the full year-wise statements and ratios of Tirupati Innovar Limited, buy the company report.

Board of directors and KMP of Tirupati Innovar Limited

Tirupati Innovar Limited currently reports 5 directors and 1 key managerial person. 37 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Pavankumar Kamleshbhai PatelCfo02 Dec 20241 Years 11 MonthsCurrent
Kiran Parsotambhai MakhechaDirector05 Dec 20241 Years 11 MonthsCurrent
Ashishbhai Jentilal BecharaDirector02 Dec 20241 Years 11 MonthsCurrent
Akash Jitendrakumar PatelDirector28 Aug 20251 Years 2 MonthsCurrent
Nileshbhai Shyamlal KoshtiDirector28 Aug 20251 Years 2 MonthsCurrent
Manjotsingh Surjitsingh OberoiAdditional Director02 May 20260 Years 6 MonthsCurrent

Deals & funding

Tirupati Innovar Limited has 170 deals on record (166 market trades, 4 acquisitions); the latest was in August 2026.

Total deals
170
Market trades
166
Acquisitions
4

Deals on record (5 of 170)

WhenDealAmountParties
Jun 2026Market trade₹1.48 CrBuyer: Multiplier Share and Stock Advisors Private Limited , an individual
Seller: L7 Hitech Private Limited
Jun 2026Market trade₹23.2 LakhBuyer: L7 Hitech Private Limited
Seller: L7 Hitech Private Limited
Jun 2026Market trade₹16 LakhBuyer: L7 Hitech Private Limited
Seller: L7 Hitech Private Limited
Jun 2026Market trade₹43.3 LakhBuyer: L7 Hitech Private Limited , an individual
Seller: L7 Hitech Private Limited , 2 individuals
May 2026Market trade₹1.54 CrBuyer: L7 Hitech Private Limited , Green Peaks Enterprises LLP , 2 individuals
Seller: Green Peaks Enterprises LLP , L7 Hitech Private Limited , an individual

To see the full deal history of Tirupati Innovar Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tirupati Innovar Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Tirupati Innovar has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Tirupati Innovar Limited, buy the company report.

Recent activity

Tirupati Innovar Limited has 42 board changes on record since 2008: 6 appointments and 36 cessations. The latest: Manjotsingh Surjitsingh Oberoi was appointed as Additional Director on 02 May 2026.

Appointed
Manjotsingh Surjitsingh Oberoi was appointed as Additional Director.
Filing
Tirupati Innovar Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Tirupati Innovar Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Akash Jitendrakumar Patel ceased to be Additional Director.
Appointed
Akash Jitendrakumar Patel was appointed as Director.
Appointed
Nileshbhai Shyamlal Koshti was appointed as Director.
Ceased
Nileshbhai Shyamlal Koshti ceased to be Additional Director.
Ceased
Harsh Pravinbhai Patel ceased to be Additional Director.
Ceased
Kunj Yogeshbhai Patel ceased to be Additional Director.
Ceased
Pavankumar Kamleshbhai Patel ceased to be Additional Director.
Appointed
Kiran Parsotambhai Makhecha was appointed as Director.
Ceased
Avinash Anil Ghorpade ceased to be Managing Director.

33 earlier events are in the company report.

Frequently asked questions

Tirupati Innovar is an active public limited company based in Jogeshwari West, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 03 May 1988 (38+ years old) and is registered under CIN L46209MH1988PLC285197. Listed on BSE: 539040.

Tirupati Innovar reported revenue of ₹142.73 Cr for FY 2025-26 (up 1198.7% YoY) based on standalone financials.

Tirupati Innovar has 6 current directors and KMP:

The latest financial statements of Tirupati Innovar on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

No. Tirupati Innovar has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Tirupati Innovar is L46209MH1988PLC285197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Tirupati Innovar is a listed company as per MCA records. Its shares are listed on BSE (code: 539040).

Tirupati Innovar has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.

Tirupati Innovar was incorporated on 03 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.

Tirupati Innovar has 170 deals on record (166 market trades, 4 acquisitions); the latest was in August 2026.