- Udyam number
- UDYAM-KL-02-0016285
About TCM Limited
Data last updated:
TCM Limited is a public limited company based in Kochi, Kerala, India. It operates in the animal feeds segment of the agriculture sector. It was incorporated on 20 April 1943 and has been in existence for over 83 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN L24299KL1943PLC001192. Its GSTIN is 32AAACT6206A1Z4 (Kerala). The company holds 4 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 524156.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.48 Cr. It was formerly known as The Travancore Chemical & Manufacturing Company Limited. It is led by directors including Joseph Varghese (Managing Director) and Rani Jose.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kochi, Kerala.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹19.74 Cr, a decline of 24.1% compared to the previous year. For the same year it recorded a net loss of ₹5.8 Cr (net margin -29.4%) and EBITDA of -₹4.38 Cr (EBITDA margin -22.2%). The net worth stands at ₹24.7 Cr (down 19.1% YoY). Total assets are valued at ₹46.18 Cr (up 13.6% YoY).
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: TCM Limited. As per MCA filings, the company has open charges of ₹24.68 Cr and satisfied charges of ₹39.86 Cr on record. Court records list 73 cases involving the company, including 33 filed by the company and 40 filed against it; 7 cases are pending. The company has 18 deals on record (17 market trades, 1 rights issue); the latest was in May 2026.
TCM Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KL-02-0016285). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tcmlimited.in.
Company details
Recognitions & Rankings of TCM
Contact details
TCM Limited's registered office is in Kochi, Kerala. Its website is tcmlimited.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No.28/2917 (Ground Floor) 'Aiswarya' Shanthi Nagar Ponneth Temple Road Kada, Vanthra, Kochi, Kerala, India – 682020
- IndustryAgriculture, Animal Feeds
To see the full contact details of TCM Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
TCM operates one associated brand: TCM Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| TCM Limited is engaged in renewable energy, healthcare, and trading. | tcmlimited.in |
Business activity
The main business activity of TCM is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of TCM Limited, buy the company report.
Financials of TCM Limited
FY 2025-26 filings availableTCM Limited reported revenue of ₹19.74 Cr (down 24.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 19.74 | 26.01 | 32.23 | 7.35 | 3.55 | 4.25 | 0.92 |
| Revenue growth | -24.1% | -19.3% | +338.5% | +107.0% | -16.5% | +362.0% | - |
| EBITDA | (4.38) | (2.15) | (2.23) | (3.66) | (6.58) | (0.89) | (0.83) |
| EBITDA margin | -22.2% | -8.3% | -6.9% | -49.8% | -185.4% | -20.9% | -90.2% |
| Profit before tax | (6.02) | 1.36 | (2.26) | (4.29) | (5.87) | 0.30 | 0.30 |
| Net profit | (5.80) | 1.78 | (1.96) | (3.99) | (2.92) | (0.07) | 0.30 |
| Net profit margin | -29.4% | +6.8% | -6.1% | -54.3% | -82.3% | -1.7% | +32.6% |
| EPS (₹) | (7.77) | 2.16 | (2.61) | (5.35) | (15.11) | 0.35 | 0.89 |
| Balance sheet | |||||||
| Total assets | 46.18 | 40.65 | 47.69 | 51.12 | 50.43 | 58.10 | 57.80 |
| Net worth | 24.70 | 30.52 | 28.79 | 30.74 | 25.33 | 32.59 | 32.47 |
| Total debt | 22.16 | 11.22 | 0.27 | 1.44 | 6.53 | 5.83 | 5.64 |
| Cash & bank | 0.78 | 0.41 | 0.54 | 0.21 | 0.28 | 0.07 | 0.02 |
| Net working capital | 7.51 | 6.28 | 9.38 | (8.23) | (6.44) | (3.58) | (2.55) |
| Cash flow | |||||||
| Cash from operations | (5.22) | (10.08) | 1.95 | (10.87) | (4.21) | 0.39 | (0.57) |
| Cash from investing | (3.59) | (0.18) | (0.64) | 5.84 | 4.22 | (0.51) | 0.00 |
| Cash from financing | 9.02 | 10.37 | (1.30) | 4.87 | 0.19 | 0.18 | (3.14) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.88 | 4.92 | 5.69 | 5.92 | 3.21 | 7.65 | 6.18 | 6.90 |
| Revenue growth (YoY) | +52.0% | -35.7% | -7.9% | -14.2% | -39.2% | - | - | - |
| Other income | 0.06 | 0.21 | 0.09 | 0.60 | 0.06 | 4.34 | 0.06 | 0.03 |
| EBITDA | (0.98) | (1.17) | (0.55) | (0.83) | (1.96) | 0.05 | (0.59) | (0.58) |
| EBITDA margin | -20.1% | -23.8% | -9.7% | -14.0% | -61.1% | +0.7% | -9.5% | -8.4% |
| Depreciation | 0.16 | 0.18 | 0.17 | 0.11 | 0.10 | 0.10 | 0.09 | 0.08 |
| Interest | 0.52 | 0.50 | 0.54 | 0.50 | 0.39 | 0.31 | 0.28 | 0.00 |
| Profit before tax | (1.60) | (1.64) | (1.17) | (0.84) | (2.39) | 3.98 | (0.90) | (0.63) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | (0.04) | (0.03) | 0.00 | 0.00 |
| Net profit | (1.60) | (1.64) | (1.17) | (0.84) | (2.35) | 4.01 | (0.90) | (0.63) |
| EPS (₹) | (21.40) | (2.20) | (1.53) | (1.05) | (3.00) | 5.39 | (1.16) | (0.77) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 17.23 | 24.73 | 31.65 | 7.16 | 3.46 | 4.25 | 0.92 |
| Revenue growth | -30.3% | -21.9% | +342.0% | +106.9% | -18.6% | +362.0% | - |
| EBITDA | (2.58) | (0.90) | (0.33) | (2.54) | (4.89) | (0.04) | (0.74) |
| EBITDA margin | -15.0% | -3.6% | -1.0% | -35.5% | -141.3% | -0.9% | -80.4% |
| Profit before tax | (3.67) | 3.12 | 0.27 | (2.77) | (3.92) | 1.16 | 0.39 |
| Net profit | (3.63) | 3.33 | 0.23 | (2.75) | (1.71) | 0.66 | 0.39 |
| Net profit margin | -21.1% | +13.5% | +0.7% | -38.4% | -49.4% | +15.5% | +42.4% |
| EPS (₹) | (4.85) | 4.21 | 0.27 | (3.70) | (11.55) | 2.89 | 1.14 |
| Balance sheet | |||||||
| Total assets | 57.18 | 49.29 | 54.57 | 55.16 | 52.84 | 59.04 | 57.87 |
| Net worth | 34.21 | 37.84 | 34.58 | 34.38 | 27.13 | 33.54 | 32.56 |
| Total debt | 22.16 | 11.22 | 0.27 | 1.08 | 6.02 | 5.83 | 5.64 |
| Cash & bank | 0.67 | 0.38 | 0.52 | 0.18 | 0.27 | 0.05 | 0.02 |
| Net working capital | 10.18 | 7.90 | 9.14 | (8.10) | (6.12) | (3.55) | (2.42) |
| Cash flow | |||||||
| Cash from operations | (4.50) | (10.79) | 3.74 | (9.56) | (2.79) | (0.11) | (0.56) |
| Cash from investing | (4.40) | 0.53 | (2.78) | 4.39 | 2.81 | (0.04) | (0.01) |
| Cash from financing | 9.02 | 10.37 | (0.94) | 4.99 | 0.20 | 0.18 | (3.14) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.02 | 3.97 | 5.20 | 5.02 | 3.05 | 7.28 | 5.89 | 6.49 |
| Revenue growth (YoY) | +31.8% | -45.5% | -11.7% | -22.7% | -39.8% | - | - | - |
| Other income | 0.17 | 0.29 | 0.18 | 0.67 | 0.16 | 4.38 | 0.12 | 0.13 |
| Total expenses | 4.77 | 4.92 | 5.28 | 5.44 | 4.29 | 6.99 | 6.23 | 6.79 |
| EBITDA | (0.75) | (0.95) | (0.08) | (0.42) | (1.24) | 0.29 | (0.34) | (0.30) |
| EBITDA margin | -18.7% | -23.9% | -1.5% | -8.4% | -40.7% | +4.0% | -5.8% | -4.6% |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.06 | 0.06 | 0.09 | 0.03 | 0.02 |
| Interest | 0.52 | 0.49 | 0.54 | 0.50 | 0.38 | 0.31 | 0.28 | 0.00 |
| Profit before tax | (1.22) | (1.27) | (0.56) | (0.31) | (1.52) | 4.27 | (0.53) | (0.19) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | (0.04) | (0.03) | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.88 | 4.92 | 5.69 | 5.92 | 3.21 | 7.65 | 6.18 | 6.90 |
| Revenue growth (YoY) | +52.0% | -35.7% | -7.9% | -14.2% | -39.2% | - | - | - |
| Other income | 0.06 | 0.21 | 0.09 | 0.60 | 0.06 | 4.34 | 0.06 | 0.03 |
| EBITDA | (0.98) | (1.17) | (0.55) | (0.83) | (1.96) | 0.05 | (0.59) | (0.58) |
| EBITDA margin | -20.1% | -23.8% | -9.7% | -14.0% | -61.1% | +0.7% | -9.5% | -8.4% |
| Depreciation | 0.16 | 0.18 | 0.17 | 0.11 | 0.10 | 0.10 | 0.09 | 0.08 |
| Interest | 0.52 | 0.50 | 0.54 | 0.50 | 0.39 | 0.31 | 0.28 | 0.00 |
| Profit before tax | (1.60) | (1.64) | (1.17) | (0.84) | (2.39) | 3.98 | (0.90) | (0.63) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | (0.04) | (0.03) | 0.00 | 0.00 |
| Net profit | (1.60) | (1.64) | (1.17) | (0.84) | (2.35) | 4.01 | (0.90) | (0.63) |
| EPS (₹) | (21.40) | (2.20) | (1.53) | (1.05) | (3.00) | 5.39 | (1.16) | (0.77) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 19.74 | 26.01 | 32.23 | 7.35 | 3.55 | 4.25 | 0.92 |
| Revenue growth | -24.1% | -19.3% | +338.5% | +107.0% | -16.5% | +362.0% | - |
| Other income | 0.96 | 4.47 | 0.43 | 0.02 | 0.89 | 1.23 | 1.15 |
| Total expenses | 24.12 | 28.16 | 34.46 | 11.01 | 10.13 | 5.14 | 1.75 |
| Employee cost | 4.87 | 3.81 | 3.71 | 1.88 | 1.99 | 1.07 | 0.34 |
| EBITDA | (4.38) | (2.15) | (2.23) | (3.66) | (6.58) | (0.89) | (0.83) |
| EBITDA margin | -22.2% | -8.3% | -6.9% | -49.8% | -185.4% | -20.9% | -90.2% |
| Depreciation | 0.56 | 0.35 | 0.30 | 0.37 | 0.17 | 0.03 | 0.01 |
| Interest | 2.04 | 0.61 | 0.16 | 0.28 | 0.01 | 0.01 | 0.01 |
| Profit before tax | (6.02) | 1.36 | (2.26) | (4.29) | (5.87) | 0.30 | 0.30 |
| Tax | (0.04) | (0.03) | 0.04 | (0.03) | 0.00 | 0.19 | 0.00 |
| Net profit | (5.80) | 1.78 | (1.96) | (3.99) | (2.92) | (0.07) | 0.30 |
| Net profit margin | -29.4% | +6.8% | -6.1% | -54.3% | -82.3% | -1.7% | +32.6% |
| EPS (₹) | (7.77) | 2.16 | (2.61) | (5.35) | (15.11) | 0.35 | 0.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.48 | 7.48 | 7.48 | 7.48 | 3.40 | 3.40 | 3.40 |
| Reserves & surplus | 17.22 | 23.04 | 21.31 | 23.26 | 21.93 | 29.19 | 29.07 |
| Shareholders' funds (net worth) | 24.70 | 30.52 | 28.79 | 30.74 | 25.33 | 32.59 | 32.47 |
| Minority interest | (1.49) | (1.31) | (1.10) | (0.76) | (1.11) | 0.00 | 0.00 |
| Secured loans | 19.85 | 11.09 | 0.14 | 0.08 | 0.09 | 0.00 | 0.00 |
| Unsecured loans | 2.31 | 0.13 | 0.13 | 1.36 | 6.44 | 5.83 | 5.64 |
| Total debt | 22.16 | 11.22 | 0.27 | 1.44 | 6.53 | 5.83 | 5.64 |
| Total liabilities | 46.18 | 40.65 | 47.69 | 51.12 | 50.43 | 58.10 | 57.80 |
| Assets | |||||||
| Gross block | 18.03 | 15.33 | 18.17 | 36.30 | 55.50 | 58.87 | 58.03 |
| Net block | 16.30 | 14.09 | 17.28 | 35.71 | 55.28 | 58.82 | 58.01 |
| Capital work in progress | 0.35 | 0.10 | 0.10 | 0.10 | 0.02 | 0.06 | 0.00 |
| Investments | 0.30 | 0.30 | 0.00 | 0.00 | 0.00 | 0.18 | 0.19 |
| Inventories | 26.73 | 28.44 | 30.58 | 3.79 | 1.37 | 2.41 | 1.51 |
| Sundry debtors | 6.24 | 6.77 | 8.51 | 4.69 | 1.90 | 2.52 | 1.78 |
| Cash & bank balances | 0.78 | 0.41 | 0.54 | 0.21 | 0.28 | 0.07 | 0.02 |
| Loans & advances | 10.10 | 6.41 | 5.85 | 0.77 | 1.01 | 1.05 | 1.77 |
| Total current assets | 43.85 | 42.03 | 45.48 | 9.46 | 4.56 | 6.05 | 5.08 |
| Total current liabilities | 36.34 | 35.75 | 36.10 | 17.69 | 11.00 | 9.63 | 7.63 |
| Net working capital | 7.51 | 6.28 | 9.38 | (8.23) | (6.44) | (3.58) | (2.55) |
| Total assets | 46.18 | 40.65 | 47.69 | 51.12 | 50.43 | 58.10 | 57.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.23 | 0.12 | 0.12 | 0.28 | 0.07 | 0.02 | 3.72 |
| Net cash from operating activities | (5.22) | (10.08) | 1.95 | (10.87) | (4.21) | 0.39 | (0.57) |
| Net cash from investing activities | (3.59) | (0.18) | (0.64) | 5.84 | 4.22 | (0.51) | 0.00 |
| Net cash from financing activities | 9.02 | 10.37 | (1.30) | 4.87 | 0.19 | 0.18 | (3.14) |
| Net change in cash | 0.21 | 0.11 | 0.00 | (0.15) | 0.20 | 0.06 | (3.70) |
| Closing cash | 0.78 | 0.41 | 0.54 | 0.21 | 0.28 | 0.07 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -24.1% | -19.3% | +338.5% | +107.0% | -16.5% | +362.0% | - |
| EBITDA growth | -103.7% | +3.6% | +39.1% | +44.4% | -639.3% | -7.2% | - |
| PBT growth | - | +9998.0% | +47.3% | +26.9% | - | 0.0% | +9998.0% |
| Net income growth | -425.8% | +190.8% | +50.9% | -36.6% | -4071.4% | -123.3% | - |
| Revenue CAGR (3Y) | +39.0% | +94.2% | +96.5% | +99.9% | +107.0% | - | - |
| EBITDA CAGR (3Y) | +6.2% | -31.1% | +35.8% | +64.0% | +96.3% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -30.3% | +5.3% | -7.1% | -58.0% | -165.4% | +2.6% | +32.6% |
| Return on capital employed | -8.9% | +4.8% | -4.2% | -7.8% | -5.2% | -0.1% | +0.5% |
| Return on net worth | -21.7% | +5.3% | -7.7% | -15.2% | -8.1% | -0.1% | +0.9% |
| Debt / equity | 0.60 | 0.19 | 0.03 | 0.14 | 0.21 | 0.18 | 0.17 |
| Long-term debt / equity | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -41.30 | -24.40 | -6.32 | -6.95 | -0.15 | -1.09 | -1.19 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.18 | 1.55 | 1.18 | 0.16 | 0.06 | 0.07 | 0.02 |
| Inventory turnover | 0.72 | 0.88 | 1.88 | 2.85 | 1.88 | 2.17 | 0.57 |
| Debtors turnover | 3.03 | 3.40 | 4.88 | 2.23 | 1.61 | 1.98 | 0.56 |
| EPS (₹) | (7.77) | 2.16 | (2.61) | (5.35) | (15.11) | 0.35 | 0.89 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 33.03 | 40.81 | 38.50 | 41.11 | 74.51 | 95.76 | 95.41 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.02 | 3.97 | 5.20 | 5.02 | 3.05 | 7.28 | 5.89 | 6.49 |
| Revenue growth (YoY) | +31.8% | -45.5% | -11.7% | -22.7% | -39.8% | - | - | - |
| Other income | 0.17 | 0.29 | 0.18 | 0.67 | 0.16 | 4.38 | 0.12 | 0.13 |
| Total expenses | 4.77 | 4.92 | 5.28 | 5.44 | 4.29 | 6.99 | 6.23 | 6.79 |
| EBITDA | (0.75) | (0.95) | (0.08) | (0.42) | (1.24) | 0.29 | (0.34) | (0.30) |
| EBITDA margin | -18.7% | -23.9% | -1.5% | -8.4% | -40.7% | +4.0% | -5.8% | -4.6% |
| Depreciation | 0.12 | 0.12 | 0.12 | 0.06 | 0.06 | 0.09 | 0.03 | 0.02 |
| Interest | 0.52 | 0.49 | 0.54 | 0.50 | 0.38 | 0.31 | 0.28 | 0.00 |
| Profit before tax | (1.22) | (1.27) | (0.56) | (0.31) | (1.52) | 4.27 | (0.53) | (0.19) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | (0.04) | (0.03) | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 17.23 | 24.73 | 31.65 | 7.16 | 3.46 | 4.25 | 0.92 |
| Revenue growth | -30.3% | -21.9% | +342.0% | +106.9% | -18.6% | +362.0% | - |
| Other income | 1.30 | 4.78 | 0.82 | 0.23 | 1.02 | 1.23 | 1.15 |
| Total expenses | 19.81 | 25.63 | 31.98 | 9.70 | 8.35 | 4.29 | 1.66 |
| Employee cost | 2.07 | 2.13 | 2.09 | 1.05 | 0.91 | 0.56 | 0.26 |
| EBITDA | (2.58) | (0.90) | (0.33) | (2.54) | (4.89) | (0.04) | (0.74) |
| EBITDA margin | -15.0% | -3.6% | -1.0% | -35.5% | -141.3% | -0.9% | -80.4% |
| Depreciation | 0.35 | 0.16 | 0.07 | 0.19 | 0.04 | 0.02 | 0.01 |
| Interest | 2.04 | 0.60 | 0.15 | 0.27 | 0.01 | 0.01 | 0.01 |
| Profit before tax | (3.67) | 3.12 | 0.27 | (2.77) | (3.92) | 1.16 | 0.39 |
| Tax | (0.04) | (0.03) | 0.04 | (0.02) | 0.00 | 0.18 | 0.00 |
| Net profit | (3.63) | 3.33 | 0.23 | (2.75) | (1.71) | 0.66 | 0.39 |
| Net profit margin | -21.1% | +13.5% | +0.7% | -38.4% | -49.4% | +15.5% | +42.4% |
| EPS (₹) | (4.85) | 4.21 | 0.27 | (3.70) | (11.55) | 2.89 | 1.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.48 | 7.48 | 7.48 | 7.48 | 3.40 | 3.40 | 3.40 |
| Reserves & surplus | 26.73 | 30.36 | 27.10 | 26.90 | 23.73 | 30.14 | 29.16 |
| Shareholders' funds (net worth) | 34.21 | 37.84 | 34.58 | 34.38 | 27.13 | 33.54 | 32.56 |
| Secured loans | 19.85 | 11.09 | 0.14 | 0.08 | 0.09 | 0.00 | 0.00 |
| Unsecured loans | 2.31 | 0.13 | 0.13 | 1.00 | 5.93 | 5.83 | 5.64 |
| Total debt | 22.16 | 11.22 | 0.27 | 1.08 | 6.02 | 5.83 | 5.64 |
| Total liabilities | 57.18 | 49.29 | 54.57 | 55.16 | 52.84 | 59.04 | 57.87 |
| Assets | |||||||
| Gross block | 16.56 | 14.10 | 17.19 | 35.39 | 54.77 | 58.46 | 58.03 |
| Net block | 15.77 | 13.60 | 16.85 | 35.12 | 54.69 | 58.42 | 58.01 |
| Capital work in progress | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.06 | 1.62 | 0.91 | 0.52 | 0.17 | 0.19 | 0.19 |
| Inventories | 26.72 | 28.44 | 30.58 | 3.79 | 1.37 | 2.41 | 1.51 |
| Sundry debtors | 6.13 | 6.74 | 8.45 | 4.67 | 1.85 | 2.52 | 1.78 |
| Cash & bank balances | 0.67 | 0.38 | 0.52 | 0.18 | 0.27 | 0.05 | 0.02 |
| Loans & advances | 9.92 | 6.19 | 4.79 | 0.60 | 0.90 | 0.94 | 1.83 |
| Total current assets | 43.44 | 41.75 | 44.34 | 9.24 | 4.39 | 5.92 | 5.14 |
| Total current liabilities | 33.26 | 33.85 | 35.20 | 17.34 | 10.51 | 9.47 | 7.56 |
| Net working capital | 10.18 | 7.90 | 9.14 | (8.10) | (6.12) | (3.55) | (2.42) |
| Total assets | 57.18 | 49.29 | 54.57 | 55.16 | 52.84 | 59.04 | 57.87 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.21 | 0.10 | 0.09 | 0.27 | 0.05 | 0.02 | 3.72 |
| Net cash from operating activities | (4.50) | (10.79) | 3.74 | (9.56) | (2.79) | (0.11) | (0.56) |
| Net cash from investing activities | (4.40) | 0.53 | (2.78) | 4.39 | 2.81 | (0.04) | (0.01) |
| Net cash from financing activities | 9.02 | 10.37 | (0.94) | 4.99 | 0.20 | 0.18 | (3.14) |
| Net change in cash | 0.13 | 0.11 | 0.01 | (0.18) | 0.22 | 0.03 | (3.70) |
| Closing cash | 0.67 | 0.38 | 0.52 | 0.18 | 0.27 | 0.05 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -30.3% | -21.9% | +342.0% | +106.9% | -18.6% | +362.0% | - |
| EBITDA growth | -186.7% | -172.7% | +87.0% | +48.1% | - | +94.6% | - |
| PBT growth | - | +1055.6% | +9998.0% | +29.3% | - | +197.4% | +9998.0% |
| Net income growth | -209.0% | +1347.8% | +108.4% | -60.8% | -359.1% | +69.2% | - |
| Revenue CAGR (3Y) | +34.0% | +92.6% | +95.3% | +98.2% | +105.3% | - | - |
| EBITDA CAGR (3Y) | +0.5% | -43.1% | +102.1% | +50.9% | +77.8% | -65.6% | +0.9% |
| Profitability & leverage | |||||||
| Net income margin | -21.1% | +12.7% | +0.7% | -38.4% | -113.3% | +23.1% | +42.4% |
| Return on capital employed | -3.1% | +7.2% | +0.7% | -4.7% | -2.4% | +1.1% | +0.7% |
| Return on net worth | -10.1% | +8.7% | +0.6% | -9.0% | -3.7% | +1.4% | +1.2% |
| Debt / equity | 0.46 | 0.16 | 0.02 | 0.12 | 0.20 | 0.17 | 0.17 |
| Long-term debt / equity | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -69.62 | -56.60 | -37.50 | -9.89 | -0.20 | -16.67 | -1.33 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.12 | 1.58 | 1.20 | 0.16 | 0.06 | 0.07 | 0.02 |
| Inventory turnover | 0.62 | 0.84 | 1.84 | 2.78 | 1.83 | 2.17 | 0.57 |
| Debtors turnover | 2.68 | 3.26 | 4.82 | 2.20 | 1.58 | 1.98 | 0.56 |
| EPS (₹) | (4.85) | 4.21 | 0.27 | (3.70) | (11.55) | 2.89 | 1.14 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 45.75 | 50.61 | 46.24 | 45.97 | 79.82 | 98.67 | 95.78 |
To see the full year-wise statements and ratios of TCM Limited, buy the company report.
Board of directors of TCM Limited
TCM has 8 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rani Jose | Director | 26 Mar 2015 | 11 Years 7 Months | Current |
| Joseph Varghese Also directs: Elenjikal Aqua Marine Exports Limited, TCM Healthcare Private Limited, Coastline Aviation Management Private Limited and 5 more | Managing Director | 31 Dec 2005 | 20 Years 10 Months | Current |
| Jose Jacob Also directs: Ispark Learning Solutions Private Limited | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
| Gopalakrishnan Mahesh | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
| George Varghese | Director | 19 Jan 2007 | 19 Years 9 Months | Current |
| Ramesh Babu | Director | 29 Sep 2022 | 4 Years 1 Months | Current |
Auditor
TCM Limited is audited by S G M & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G M & Associates LLP | FY 2023 | S200058 |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 49.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 7.40% and retail and other public shareholders hold 43.10%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 49.50% | 49.50% | 49.50% | 49.50% |
| Public | 50.50% | 50.50% | 50.50% | 50.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2026 | 101249841 | Indian Bank | ₹1.37 Cr | Open | |
| 31 May 2025 | 101109885 | Indian Bank | ₹7.43 Cr | Open | |
| 16 Oct 2024 | 101035773 | Others | ₹11 Cr | Open | |
| 16 Feb 1996 | 90023871 | The Industrial Finance Corporation of India Ltd | ₹1.38 Cr | Open | |
| 31 Jan 1995 | 90023841 | The Industrial Credit and Investment Corporation of India L | ₹1.5 Cr | Open |
To see the full charge records of TCM Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
TCM Limited has 18 deals on record (17 market trades, 1 rights issue); the latest was in May 2026.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2026 | Market trade | ₹20.1 Lakh | Buyer: an individual |
| Nov 2023 | Market trade | ₹41.1 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
| Nov 2023 | Market trade | ₹23 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited |
| Aug 2023 | Market trade | ₹24 Lakh | Seller: Dhwaja Shares & Securities Private Limited |
| Dec 2017 | Market trade | ₹38.8 Lakh | Buyer: Amit Jasani Financial Services Private Limited Seller: an individual |
To see the full deal history of TCM Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
TCM Limited has 73 court cases on record: 33 filed by TCM, 40 filed against it. 7 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 56 | 25 | 4 |
| District courts | 13 | 12 | 3 |
| Supreme Court | 3 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Ms Sunshield Chemicals Ltd. and 6 others | Disposed |
| High Court | Court case (Co.Appeal) | Filed by the company against Cameo Corporate Services Ltd. and 3 others | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Amr Energy Resources Pvt Ltd | Disposed |
| High Court of Kerala | Court case (AR) | Filed against the company | Pending |
| District court, Ernakulam, Kerala | Court case (MA(Arb)) | Filed against the company | Pending |
To see the full case history of TCM Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for TCM Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
TCM has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ispark Learning Solutions Private Limited | U74999KL2020PTC061044 |
To see the full group structure of TCM Limited, buy the company report.
GST
TCM has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACT6206A1Z4 | Kerala | Active | 01 Jul 2017 |
| 33AAACT6206A3Z0 | Tamil Nadu | Active | 12 Apr 2018 |
To see the full GST registrations and return filing status of TCM Limited, buy the company report.
Recent activity
TCM Limited has 27 board changes on record since 2005: 18 appointments and 9 cessations. The latest: Bobby John was appointed as Director on 31 Dec 2022.
74 earlier events are in the company report.
News
Frequently asked questions
TCM is an active public limited company based in Kochi, Kerala, India. The company works in animal feeds, within the agriculture industry. It was incorporated on 20 April 1943 (83+ years old) and is registered under CIN L24299KL1943PLC001192. Listed on BSE: 524156.
TCM reported revenue of ₹19.74 Cr for FY 2025-26 (down 24.1% YoY) based on consolidated financials.
TCM has 8 current directors:
- Joseph Varghese - Managing Director
- Rani Jose - Director
- Jose Jacob - Director
- Gopalakrishnan Mahesh - Director
- George Varghese - Director
- Ramesh Babu - Director
- Sreenivasa Bhat Sadananda - Director
- Bobby John - Director
The latest financial statements of TCM on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of TCM is 32AAACT6206A1Z4, registered in Kerala. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAACT6206A3Z0 (Tamil Nadu).
The CIN (Corporate Identification Number) of TCM is L24299KL1943PLC001192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. TCM is a listed company as per MCA records. Its shares are listed on BSE (code: 524156).
TCM has 73 court cases on record: 33 filed by the company and 40 filed against it. 7 are pending. Most are in the high courts.
TCM was incorporated on 20 April 1943, making it 83+ years old. It is registered with the Registrar of Companies, Ernakulam.
TCM has 18 deals on record (17 market trades, 1 rights issue); the latest was in May 2026.


