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Sector: Food Beverages & Tobacco

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Small Cap

TBI Corn Share Price

TBI Corn Ltd.

69.90

-1.00(-1.41%)
9th Apr 2026 | 1:29 PM
NSE : TBI
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TBI Corn Performance

Price Movement

₹69.90

₹69.25

₹72.25

Today's LowToday's High

1 Year Performance

₹69.90

₹55.00

₹137.80

52 Week Low52 Week High

Markets Today

High₹72.25
Low₹69.25
Open at₹71.90
Prev Close₹70.90
Volumes10.20 K
Avg Price₹71.09
Lower Circuit₹56.75
Upper Circuit₹85.05

Historical Performance

3M High₹85.50
3M Low₹55.00
1 Yr High₹137.80
1 Yr Low₹55.00
3 Yr High₹399.30
3 Yr Low₹55.00
5 Yr High₹399.30
5 Yr Low₹55.00

TBI Corn Fundamentals

Market Cap
Below industry Median
126.90 Cr.
PE Ratio (TTM)
Below industry Median
9.30
Dividend Yield
0
Net Profit TTM
Net profit TTM
-
Net Profit Growth
Net profit TTM
-
PEG Ratio
-
ROE
13.44
Operating Revenue TTM
-
Operating Revenue Growth
Operating Revenue TTM
Book Value
Below industry Median
1.10
MFI
MFI is mid-range
36.15
RSI
RSI is mid-range
60.26
EPS (TTM)
7.51
Debt to Equity
0.64
Face Value
-
Operating Profit Margin Qtr.
11.10
Operating Profit Qtr.
-
Net Profit Qtr.
-
Operating Revenue Qtr.
-
PB Ratio
1.10

TBI Corn Financials

Data not available for chart

Indicator
No Record Found

TBI Corn Technicals

TBI Corn Ltd. EMA & SMA

69.90

-1.00 (-1.41%)

Bullish Moving Average

11

Bearish Moving Average

5

Day EMA5 ₹66.4
Day EMA10 ₹64.4
Day EMA12 ₹64.1
Day EMA20 ₹64.2
Day EMA26 ₹64.8
Day EMA50 ₹68.4
Day EMA100 ₹75.3
Day EMA200 ₹91.7

TBI Corn Support and Resistance

Resistance

First Resistance₹73.20
Second Resistance₹75.50
Third Resistance₹79.50

Support

First Support₹66.90
Second Support₹62.90
Third Support₹60.60

Technical Indicators

Day RSI60.26
Day MFI36.15
Day ADX19.02
Day Commodity Channel Index184.20
William-3.64
Day MACD-0.72
Day MACD Signal Line-2.20
Day ATR4.22
Day ROC125-22.30
Day ROC2110.09

About TBI Corn Share Price

TBI Corn Limited, with its corporate operations in Sangli, Maharashtra, functions as a corn milling company in India. The company manufactures and supplies corn grits, corn meal, corn flakes, stone free broken maize, and corn flour. TBI Corn has a substantial operational reach with its manufacturing facility located in the MIDC area in Miraj, Maharashtra. The company also has a presence in international markets through its spice export vertical. TBI Corn share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the food processing sector. The company’s financial health depends on corn processing volumes, raw material costs, product mix, and the performance of its domestic and export segments. TBI Corn stock price is influenced by various factors such as earnings, monsoon patterns affecting maize cultivation, regulatory changes in the food processing sector, and agricultural commodity price trends.

In the longer run, strategies such as expanding product lines, entering new geographies like spice exports, and increasing production capacity affect TBI Corn stock price movements. All these factors need to be monitored closely to have an idea about the company’s valuation. TBI Corn live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements and economic conditions. Constant monitoring of the TBI Corn live price helps in observing short term price volatility. Furthermore, monitoring TBI Corn share price today helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance and respond to news or sector trends that may influence the company’s valuation.

TBI Corn Fundamentals

1. Company Background

TBI Corn Limited was incorporated on 22 June 2022 as a public limited company and is headquartered in Miraj, Sangli district, Maharashtra, India. The company is engaged in the manufacture and export of corn‑based products, including maize grits, broken maize, corn flour, raw corn flakes (makka poha), corn bran, corn germ and other maize derivatives for use in the breakfast cereal, snack food, bakery, confectionery and related industries. It operates a state‑of‑the‑art production facility with ISO 22000:2018 and ISO 9001:2015 certifications and serves both domestic and international markets including the Middle East, Southeast Asia and Africa. TBI Corn Limited is listed on the NSE SME platform under the trading symbol TBI.

2. Company Product Lines

  • Corn Products
    • Indian yellow maize, broken maize, corn grits, corn bran, corn germ and related maize derivatives.
  • Corn Flour & Raw Corn Flakes
    • Corn flour and raw corn flakes (makka poha) produced for food applications.
  • Specialized Corn‑Based Ingredients
    • Milled corn products tailored for breakfast, snack food, bakery and confectionery industries.
  • Export‑Oriented Commodities
    • Products supplied to international markets in the Middle East, Africa and Asia.

3. Company Revenue Model

  • Sale of Corn Products
    • Income from domestic and export sales of maize grits, corn flour, bran, germ and related products.
  • Export Business
    • Revenue through exports to global markets such as UAE, Qatar, Saudi Arabia, Sri Lanka and others.
  • OEM/Industrial Supply Contracts
    • Earnings via long‑term supply contracts with food manufacturers, snack producers and industrial customers.

4. Geographic Presence

  • Registered Office & HQ
    • Miraj, Sangli district, Maharashtra, India.
  • Manufacturing Facility
    • Corn processing and milling plant located in the MIDC industrial area, Miraj.
  • Domestic Markets
    • Products distributed across India to food processing, bakery and snack industries.
  • International Exports
    • Export presence in countries including UAE, Qatar, Saudi Arabia, Sri Lanka, Vietnam, Malaysia, South Korea and others.

5. Key Milestones

  • 22 June 2022: Company incorporated as TBI Corn Limited (Public Limited).
  • 2022–23: Listed on the NSE SME platform and commenced trading.
  • 2023–24: Operational scaling of production capacity and expansion of export markets.

6. Industry Perspective

The general Agro-processing outlook is heavily influenced by domestic corporate consumption and supportive policy frameworks. If you look at current Agro-processing industry trends, there is a massive push toward infrastructure modernization and supply formalization. Naturally, this growing Agro-processing demand creates an incredibly supportive environment for established, experienced players.

Companies must navigate regulatory changes and operational volatility stemming from external factors. The sector relies heavily on infrastructure and distribution network reliability.

The overall market sentiment shifts based on broader macroeconomic factors. Unsurprisingly, the TBI Corn stock price reflects the market’s perception of these macroeconomic variables.

TBI Corn Limited Stock Market Presence: Listings & Index Representation

TBI Corn Limited is listed on the National Stock Exchange (NSE) SME Emerge platform and the Bombay Stock Exchange (BSE) SME platform. TBI Corn share price is available for trading on the NSE under the symbol TBI and on the BSE with the scrip code 92839. The company’s market presence is primarily within the small-cap segment of the market. Due to its size and sector focus, TBI Corn stock price is generally tracked by investors interested in the food processing and fast moving consumer goods industry. TBI Corn share price is also part of the ‘SM’ group of securities on the NSE for SME companies.

TBI Corn is part of several broad-based stock market indices. While it is not included in benchmark indices like the Sensex or Nifty, it is a constituent of the NIFTY SME Emerge index, which tracks a large universe of listed SME companies across sectors. In addition, TBI Corn stock price is reflected in broader composite indices like the BSE AllCap and BSE SmallCap indices, which capture companies across small-cap segments. TBI Corn stock price movements are therefore visible to investors tracking these broader market indices. The company’s listing on the SME platform provides access to capital markets for its operations.

TBI Corn Limited Stock Performance and Share Price History

TBI Corn share price on NSE reflects its status as a corn milling company in India. Performance is driven by production volumes, maize procurement prices, and the company’s ability to manage operational costs like power and labour. Investors compare TBI Corn share price today with other food processing companies to gauge relative performance. These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting TBI Corn share price.

In addition to operational and sector-led factors, corporate actions such as the initial public offering can also have a significant impact on TBI Corn share price movements. The company completed its IPO and got listed on the NSE SME Emerge platform on June 7, 2024. This shows how a public issue can trigger short-term interest, even within a regulated food processing framework influenced by agricultural output and input costs. While short-term movements reflect events and announcements, longer-term valuation trends are visible through TBI Corn share price 52-week high and low, providing context beyond daily or weekly changes. Highs indicate strong product demand and stable margins, while lows align with market corrections or sector volatility. These levels capture impacts of agricultural policies, monsoon trends, and earnings visibility, providing context for the stock’s historical performance.

TBI Corn stock performance reflects the trading behaviour of a small-cap food processing company operating within India’s regulated food industry. The company’s diversified portfolio across corn products and spices has shaped its TBI Corn share price history. Over time, the stock has shown long-term movements, marked by periods of gains and phases of consolidation. The company was incorporated in 2022 and has a legacy of operations spanning more than two decades. From certain periods onwards, TBI Corn share price has shown specific momentum, supported by operational performance. The company reported total income of Rs 21,160.03 lakhs for the financial year ending March 31, 2025 .

TBI Corn stock performance over time has closely followed India’s agricultural output and food processing cycles. For instance, TBI Corn share price reacts to changes in maize cultivation in Northern Karnataka and Andhra Pradesh, which together account for a significant portion of India’s maize cultivation. Over shorter investment horizons, the stock has delivered specific returns. These returns highlight consistent operational activity aligned with expanding food processing access across the Indian economy. Despite sector challenges, TBI Corn shares showed specific resilience. While the broader food processing sector faced challenges with input cost inflation and supply chain disruptions, the company’s focus on quality certifications including ISO 22000 and HALAL helped the stock retain stability. The company sources high quality raw maize and serves the breakfast, snack food, and hospitality industries.

TBI Corn share price has seen decreases due to several recurring reasons. A decline in corn processing volumes or a drop in maize quality directly impacts profitability and leads to selling pressure. Changes in government policy, such as goods and services tax revisions on processed foods or agricultural export duties, can also cause the stock to fall. Furthermore, any increase in operational costs like maize procurement or power without a matching rise in product prices squeezes the company’s margins, making the stock less attractive. Periods of economic slowdown that affect discretionary food spending raise concerns about sales volumes, leading to a drop in TBI Corn share price. The stock is also sensitive to monsoon failures affecting maize availability; if rainfall is deficient in Karnataka or Andhra Pradesh, it can lead to a decrease in TBI Corn stock price as investors adjust expectations for future revenue growth. Broader market sell-offs in small-cap stocks also pull the price down, regardless of the company’s individual performance. A decrease in exports of corn products or lower sales from the spice vertical directly hurts the company’s revenue, resulting in a lower valuation for TBI Corn share price.

TBI Corn Limited Investor Relevance and Role in Portfolio

TBI Corn is a holding in food processing and small-cap portfolios, offering exposure to the corn milling sector, spice exports, and agricultural commodities. Inclusion in the NIFTY SME Emerge index underscores its importance in India’s SME food processing space. The company’s diversified product model, manufacturing capabilities in Maharashtra, and certifications including ISO 22000 and HALAL make it a consideration for long-term allocations. TBI Corn equity is held by a mix of promoter and public shareholders, reflecting its standing in India’s fast moving consumer goods sector. Prominent shareholders include the promoter group which holds a majority stake of around fifty six percent in the company . Other public shareholders include individual shareholders holding nominal share capital up to one lakh rupees and bodies corporate. This broad investor base underscores the company’s role as a holding in both domestic portfolios focused on consumer goods.

Beyond fundamentals and ownership, TBI Corn stock is not actively monitored in derivative markets as it is listed on the SME platform. The stock is available for trading in the cash segment on the NSE and BSE, allowing investors to take positions based on their outlook for the food processing sector. Market participants watch trading volumes and delivery patterns to gauge sentiment around quarterly results and policy announcements. Technical indicators such as RSI and moving averages provide additional insight into short-term momentum shifts in TBI Corn share price. While these indicators are primarily used for near-term trading decisions, they also help investors understand broader market sentiment and anticipate potential volatility. In the short-term and weekly timeframe, the stock has exhibited specific price movements compared to the broader market.

TBI Corn beta has generally remained at a specific level, reflecting its position as a small-cap food processing stock with specific participation and relatively stable business fundamentals. Over shorter timeframes, such as the one-month period, the stock has shown relatively higher sensitivity to market movements, indicating short-term volatility. During the three-month period, this sensitivity appears more balanced. Across longer durations, such as the six-month and one-year periods, the beta trends differently, indicating specific volatility and a specific correlation with overall market fluctuations. This shift suggests that over time, the stock behaves in a specific manner typical for companies in the food processing sector. Overall, these variations across different timeframes highlight that while TBI Corn share price may experience short-term fluctuations, its longer-term volatility remains within a certain range, reinforcing its characteristics as a fundamentally steady food processing stock.

TBI Corn Limited Sectoral Relevance and Peer Positioning

TBI Corn sector relevance stems from its focus on corn milling products including grits, meal, flakes, and flour, its new spice export vertical for turmeric and red chillies, and its manufacturing capabilities in Maharashtra, establishing it as a small-cap food processing provider supporting India’s fast moving consumer goods ecosystem. Peer comparisons with Gujarat Ambuja Exports, Sukhjit, GrainSpan, Goyal Associates, Midland Polymers, and Vaghani Techno Build focus on production capacity, product quality, distribution reach, and geographical presence rather than short-term stock moves . These benchmarks help investors assess operational scale and efficiency. Institutional tracking of agricultural output, corn prices, and food processing regulations further highlights TBI Corn positioning within India’s broader food processing market.

TBI Corn P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from corn products and spices. In earlier years, the ratio remained at relatively moderate levels, indicating steady market expectations. More recently, the ratio has shown specific trends as investors reassessed the company’s future prospects. These changes highlight how market sentiment evolved alongside the company’s operational performance. Alongside valuation, TBI Corn EPS provides insight into its operational performance and income generation from corn milling, spice exports, and product diversification. Between earlier years, earnings per share reflected specific profitability levels. More recent quarterly performance suggests that EPS has shown specific trends, indicating ongoing operational activity .

TBI Corn market cap highlights its position as a specific-sized player within India’s private food processing sector. The company continues to hold a specific position due to its fully automated machinery, production capacity, and quality certifications including ISO 22000 and HALAL. This scale strengthens its visibility among investors and supports consistent investment interest, reinforcing its role as a key corn milling provider. Finally, TBI Corn earnings trajectory demonstrates the impact of its operational strategy. In recent financial years, total income showed growth, supported by the core corn processing business. The company reported an increase in overall profits from the previous year due to operational factors. Excluding exceptional items, the underlying profitability reflects a stable performance . These developments illustrate the company’s ongoing presence as a focused food processing company with a specific business model.

Summary

TBI Corn Limited operates as a corn milling company offering grits, meal, flakes, and flour, along with spice exports. The company maintains manufacturing facilities in Maharashtra and sources maize from Karnataka and Andhra Pradesh. Investors view TBI Corn share price as reflective of agricultural output and food demand. The company’s listing on the NSE SME platform provides market accessibility. TBI Corn stock price remains relevant for those tracking the small-cap food processing space and agricultural commodity cycles.

TBI Corn Shareholding Pattern

Held BySep 2024Mar 2025Sep 2025
Promoter56.556.556.5
FII1.60.40.3
DII4.82.82.3
Public37.140.341

TBI Corn Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day19.8 K25.8 K76.74%
Week14.7 K20.4 K72.06%
1 Month39.66 K44.75 K88.64%
6 Month25.73 K30.66 K83.92%

TBI Corn SWOT Analysis

Strengths7
Weakness5
Opportunity0
Threats0

Relative Outperformance versus Industry over 1 Month

Stocks gaining versus previous close, open price and RSI

Relative Outperformance versus Industry over 1 Week

Relative Outperformance versus Industry over 1 Month

Companies with Zero Promoter Pledge

Stock with Low PE (PE < = 10)

RSI indicating price strength

TBI Corn Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
No Record Found

TBI Corn Stock Comparison

Financials
Price (₹)₹78₹299₹250₹570₹1,727₹11.90
% Change0.50%-2.29%1.24%2.55%-2.03%-1.73%
Revenue TTM (₹ Cr)₹1,148.10--₹229.52₹1,804.18₹2,857.23
Net Profit TTM (₹ Cr)₹50.21--₹17.04₹123.94₹37.93
PE TTM16.1042.7030.8094.8021.2010.40
1 Year Return-22.82149.38189.021094.3657.83-10.24
ROCE--30.5712.8835.3328.47

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