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Companies›Tapsi

Tapsi

Verified
MobilityGolrang Industrial Group ›In the registryFlagship dossier
Entity IDIR-CO-005
SectorMobility
Founded2016
HQTehran
VerificationVerified
Last reviewed2026-08-01

Iran's second-largest ride-hailing platform, listed on Iran Fara Bourse under the ticker تپسی. Tehran Index record: founded 2016, headquartered in Tehran, part of Golrang Industrial Group.

Doing business with Tapsi? Check who legally owns and runs it: registry identity, capital and current board from the Official Gazette, in English with the Persian source, in three working days for USD 750. Full dossier with audited figures and competitors, USD 3,000. Order a Tapsi registry check · download the Tapsi dossier (PDF, free)

SnapshotMetricsSeriesLeadershipGroupOwnershipCompetitorsEvidenceTimelineGapsSources
Decision snapshot
Consolidated revenue
Consolidated operating revenue 35,489,234 million rial (about 3,549 billion toman, up 36 percent on FY2024-25) and a consolidated net loss of 5,495,331 million rial (about 550 billion toman), against a net profit of 2,436,468 million rial (about 244 billion toman) the year before. About $19.9M of revenue and a $3.1M loss at the 2025-26 filings rate of ~178,000 toman/$.
FY2025-26Official record
Codal, audited consolidated financial statements for the year to 1404/12/29 (20 March 2026), consolidated income statement (sheet 13) ↗ · retrieved 2026-09-15
Listed status
IFB ticker تپسی · close 13,450 rial (2026-07-08)
CurrentOfficial record
TSETMC ↗ · retrieved 2026-07-10
IPO
Listed 14 June 2022 at 939 toman per share; 5 percent float; market capitalisation at listing about 1,100 billion toman; sold out in under an hour.
2022-06-14Official record
Contemporaneous reporting of the offering (Zoomit same-day; Digiato and Techrato previews two days earlier) ↗ · retrieved 2026-08-14
Controlling shareholder
Tapsi's own announcement of 6 February 2024 states that Golrang Holding acquired a stake it describes in the headline as 70 percent for about 2.1 trillion rial, which it converts to $38 million, and that the transaction transferred 68.95 percent of Tapsi through the over-the-counter market on 4 and 5 February, following the Securities and Exchange Organisation's announcement of four share blocks.
Transaction of 4 and 5 February 2024, announced 6 February 2024Company disclosed
Tapsi announcement of the Golrang acquisition ↗ · retrieved 2026-09-15
Scale at the time of the 2024 acquisition, per the company's own announcement
Tapsi's own announcement of the Golrang acquisition describes Tapsi as one of the two major ride-hailing services in Iran and one of the biggest technology companies in the country, states that it serves 25 million users, and states that it facilitates hundreds of thousands of rides daily with a network of 1.5 million drivers. Both figures are the company's own description of itself in a press announcement; neither is audited and neither is dated to a measurement period. The same announcement gives the founding year as 2016 in two places and 2017 in a third, so no founding year is taken from this source.
As stated in the company announcement of the February 2024 acquisitionCompany disclosed
Tapsi company blog, announcement of the acquisition via the stock market ↗ · retrieved 2026-09-15

Every field carries an explicit evidence state and its source. Self-reported figures are labelled as such; nothing is presented with more certainty than its source supports.

Operating metrics, period-stamped
Commission received from drivers, year to date (company only, monthly activity report)Two months to 21 May 2026Company disclosed
3,617,959 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 21 May 2026 · retrieved 2026-10-08From the company's own monthly activity report filed with the exchange, company only; the filing does not state whether the figures are audited.
Commission received from drivers, prior year (company only, monthly activity report)Year to 20 March 2025Company disclosed
23,028,026 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 20 March 2026 · retrieved 2026-10-08From the company's own monthly activity report filed with the exchange, company only; the filing does not state whether the figures are audited. The prior-year comparative printed in the same table.
Shareholding of Noavaran Tejarat Electronic Hasti Group (Hasti E-Commerce Innovators Group), as recorded at the annual general meetingAt the annual general meeting of 23 June 2026Company disclosed
69.21 per cent, 1,704,463,181 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08The holding of the group's main shareholder as recorded in the attendance table of the meeting. Shareholders present held 89.93 per cent of the shares in all.
Operating revenue, monthMonth to 21 June 2026Company disclosed
3,098,020 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 21 June 2026, Codal filing · retrieved 2026-10-08Monthly activity report as filed; the filing does not say it is audited. Company revenue booked in the single month to 21 June 2026, all service lines.
Total assets, consolidatedAt 20 March 2026Company disclosed
53,581,693 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited.
Non-operational staff, company onlyAt 20 March 2026Company disclosed
105
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08Down from 128 a year earlier. With operational staff the company employed 959 people at the year end, against 1,158.
Board's assessment of internal control over financial reporting, companyAt 20 March 2026Company disclosed
Effective
Tapsi (Pishgaman Fanavari va Danesh Aramis) board report on internal control over financial reporting at 20 March 2026, issued 13 June 2026, Codal filing · retrieved 2026-10-08The board's own assessment against the Securities and Exchange Organization's internal control instruction, not an auditor's opinion.
Financial statements for the year, approvalYear to 20 March 2026Company disclosed
Approved by the annual general meeting
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08Shareholders approved the year's company financial statements and the board's report at the meeting of 23 June 2026.
Commission revenue from drivers, monthMonth to 21 June 2026Company disclosed
2,763,051 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 21 June 2026, Codal filing · retrieved 2026-10-08Monthly activity report as filed; the filing does not say it is audited. The commission the company keeps on trips, which is most of its revenue.
Total equity, consolidatedAt 20 March 2026Company disclosed
1,375,861 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited. Equity fell by about four fifths in the year as the loss and a dividend declared were charged against it.
Advertising expense within selling and administrative costs, company onlyYear to 20 March 2026Company disclosed
4,634,934 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08Advertising booked as a selling cost. A further 4,089,608 million rial of advertising sits in cost of revenue this year, where the year before there was none.
Board's assessment of internal control over financial reporting, subsidiariesAt 20 March 2026Company disclosed
Effective
Tapsi (Pishgaman Fanavari va Danesh Aramis) board report on internal control over financial reporting at 20 March 2026, issued 13 June 2026, Codal filing · retrieved 2026-10-08Covers the subsidiaries together; none is assessed separately.
Auditor and statutory inspector, electedElected at the annual general meeting of 23 June 2026Company disclosed
Hooshiar Momayez; alternate inspector Bayat Rayan
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08Both are audit firms. The same firm is named as auditor of every subsidiary in the company's year-end filing.
Operating revenue, first three months of the yearThree months to 21 June 2026Company disclosed
6,992,968 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 21 June 2026, Codal filing · retrieved 2026-10-08Monthly activity report as filed; the filing does not say it is audited. Company revenue for the first quarter of the financial year that began on 21 March 2026.
Net cash from operating activities, consolidatedYear to 20 March 2026Company disclosed
12,692,556 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited.
Advertising expense within cost of revenue, company onlyYear to 20 March 2026Company disclosed
4,089,608 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08Advertising charged to cost of revenue, a line that was nil the year before. Together with the selling-cost line, advertising came to 8,724,542 million rial.
Material weakness in internal controlAt 20 March 2026Company disclosed
None reported
Tapsi (Pishgaman Fanavari va Danesh Aramis) board report on internal control over financial reporting at 20 March 2026, issued 13 June 2026, Codal filing · retrieved 2026-10-08The board's own conclusion, not an auditor's.
Operating revenue in the month (company only, monthly activity report)Month to 20 April 2026Company disclosed
1,409,433 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 20 April 2026 · retrieved 2026-10-08From the company's own monthly activity report filed with the exchange, company only; the filing does not state whether the figures are audited. The first month of the financial year to 20 March 2027, which contains the Nowruz holiday.
Commission revenue from drivers, first three months of the yearThree months to 21 June 2026Company disclosed
6,381,010 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 21 June 2026, Codal filing · retrieved 2026-10-08Monthly activity report as filed; the filing does not say it is audited.
Payments to acquire intangible assets, consolidatedYear to 20 March 2026Company disclosed
23,130,275 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited. Cash spent on intangible assets in the year, almost twice the cash the operations generated; the filing does not say what was bought.
Depreciation and amortisation within cost of revenue, company onlyYear to 20 March 2026Company disclosed
8,557,560 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The largest item in cost of revenue. The filing does not split depreciation of equipment from amortisation of intangible assets.
Disagreement between audit committee and board on internal controlAt 20 March 2026Company disclosed
None
Tapsi (Pishgaman Fanavari va Danesh Aramis) board report on internal control over financial reporting at 20 March 2026, issued 13 June 2026, Codal filing · retrieved 2026-10-08As stated by the board in the same report.
Commission received from drivers in the month (company only, monthly activity report)Month to 20 April 2026Company disclosed
1,325,006 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 20 April 2026 · retrieved 2026-10-08From the company's own monthly activity report filed with the exchange, company only; the filing does not state whether the figures are audited. The filing calls its drivers 'ambassadors'.
Board bonus for the yearYear to 20 March 2026Company disclosed
None (0)
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08No bonus for the year to 20 March 2026, against 5,000 million rial the year before, as the meeting's fee table shows.
Operating revenue, company onlyYear to 20 March 2026Company disclosed
30,375,309 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited. Revenue of the listed company alone, up 30 per cent on the year before; the group figure is larger.
Bank borrowings, company onlyAt 20 March 2026Company disclosed
25,093,273 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08All in rial and all due within a year.
Operating revenue in the month (company only, monthly activity report)Month to 21 May 2026Company disclosed
2,485,515 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 21 May 2026 · retrieved 2026-10-08From the company's own monthly activity report filed with the exchange, company only; the filing does not state whether the figures are audited.
Total equity, company onlyAt 20 March 2026Company disclosed
2,359,749 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited. Positive at the year end, after the negative equity in the company's nine-month statements to 21 December 2025.
Monthly revenueYear to 20 March 2023Company disclosed
52 billion toman
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Cities where the service is activeYear to 20 March 2023Company disclosed
33
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Operating profitYear to 20 March 2023Company disclosed
958,179 million rial
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Operating profit or loss (company only, unaudited)Nine months to 21 December 2025Company disclosed
loss of 2,096,111 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06The statement names the line operating profit and prints the figure in brackets, which marks a loss. Unaudited.
Total equity, comparative date (company only, unaudited)At 20 March 2025Company disclosed
6,601,773 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Financial year-end comparative as presented in the unaudited interim statements.
Operating profit or loss, comparative period (company only, unaudited)Nine months to 20 December 2024Company disclosed
profit of 3,294,149 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Comparative nine months, reclassified, from the unaudited interim statements.
Finance costs (company only, unaudited)Nine months to 21 December 2025Company disclosed
5,515,065 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06An expense, printed in brackets on the statement. Unaudited.
Borrowings, comparative date (company only, unaudited)At 20 March 2025Company disclosed
16,809,505 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06All classed as current. Financial year-end comparative as presented in the unaudited interim statements.
Operating revenue (company only, unaudited)Nine months to 21 December 2025Company disclosed
23,887,773 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06From the company's unaudited interim statements, nine months to 21 December 2025. Most of it is commission: 20,877,289 million rial of 23,895,679 million rial gross, in note 5 of the same statements.
Basic earnings or loss per share (company only, unaudited)Nine months to 21 December 2025Company disclosed
loss of 3,015 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06In rial per share, not million rial. Bracketed on the statement, a loss. Unaudited.
Operating revenue, comparative period (company only, unaudited)Nine months to 20 December 2024Company disclosed
15,051,797 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06The comparative nine months as reclassified in the company's unaudited interim statements.
Basic earnings or loss per share, comparative period (company only, unaudited)Nine months to 20 December 2024Company disclosed
earnings of 1,124 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06In rial per share. Comparative nine months, reclassified, from the unaudited interim statements.
Gross profit (company only, unaudited)Nine months to 21 December 2025Company disclosed
1,545,192 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Operating revenue less cost of revenue, from the unaudited interim statements.
Total assets, comparative date (company only, unaudited)At 20 March 2025Company disclosed
37,087,412 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Financial year-end comparative as presented in the unaudited interim statements.
Gross profit, comparative period (company only, unaudited)Nine months to 20 December 2024Company disclosed
6,277,678 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Comparative nine months, reclassified, from the unaudited interim statements.
Finance costs, comparative period (company only, unaudited)Nine months to 20 December 2024Company disclosed
344,946 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Comparative nine months, reclassified, from the unaudited interim statements.
Net profit or loss (company only, unaudited)Nine months to 21 December 2025Company disclosed
loss of 7,425,031 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06The statement names the line net profit and prints the figure in brackets, which marks a loss. No income tax was charged in the period. Unaudited, and for the company alone: the audited consolidated statements for the full year to 20 March 2026 report a group net loss of 5,495,331 million rial.
Net profit or loss, comparative period (company only, unaudited)Nine months to 20 December 2024Company disclosed
profit of 2,768,850 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06After income tax of 286,829 million rial. Comparative nine months, reclassified, from the unaudited interim statements.
Total equity (company only, unaudited)At 21 December 2025Company disclosed
negative 1,032,576 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Equity is below zero: total liabilities of 47,751,047 million rial exceed total assets. Unaudited.
Borrowings (company only, unaudited)At 21 December 2025Company disclosed
24,911,389 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Bank and fund facilities, all classed as current. Unaudited.
Cash (company only, unaudited)At 21 December 2025Company disclosed
539,008 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Cash at banks and on hand. Unaudited.
Cash, comparative date (company only, unaudited)At 20 March 2025Company disclosed
838,212 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06Financial year-end comparative as presented in the unaudited interim statements.
Staff headcountYear to 20 March 2023Company disclosed
1,230
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Free floatAt 20 March 2026Company disclosed
30 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09
Inactive subsidiariesAs at the board report approved 3 June 2026Company disclosed
Two: Noafarinan Radman Pars, which ran car-based parcel delivery, and Noafarinan Rabin Pars, which ran a school transport service in Tehran; both started in 2023-24 and have stopped
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09The year-end financial statements also say neither company operated during the year.
Verified driversYear to 20 March 2023Company disclosed
2.24 million
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Trading days in the yearYear to 20 March 2026Company disclosed
104
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09The days on which the share could be traded, against 220 the year before. The report does not give the reason.
Target: growth in taxi trips in the eight main citiesYear to 20 March 2027Company disclosed
20 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09A target the board set for the year, not a result. The cities are Tehran, Mashhad, Karaj, Isfahan, Shiraz, Qom, Ahvaz and Tabriz.
Revenue, year-on-year changeYear to 19 March 2024Company disclosed
67 per cent increase
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09
Income tax, VAT and employer social insurance paid, totalYear to 20 March 2025Company disclosed
920,250 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09
Staff headcountYear to 20 March 2025Company disclosed
1,158
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09Staff of the company; drivers on the platform are not counted.
Commission on each tripYear to 20 March 2026Company disclosed
15 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09Tapsi keeps 15 per cent of each completed trip's fare and the driver keeps 85 per cent.
Target: growth in delivery tripsYear to 20 March 2027Company disclosed
50 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09A target the board set for the year, not a result.
Market maker for the sharesMarket-making period from 9 June 2025 to 20 March 2026Company disclosed
Tavazon Kourosh dedicated market-making investment fund; 25,000,000 shares allocated to it by the major shareholder and no funds by the company
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09
Shareholding held by funds, as a groupAt 20 March 2026Company disclosed
15 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09Funds together held 15 per cent at year end. The report does not name them. The controlling shareholder, Noavaran Tejarat Electronic Hasti, held 69 per cent on the same chart.
Share price at year endAt 20 March 2026Company disclosed
12,270 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09Against 15,110 rial at the previous year end.
Active subsidiariesAs at the board report approved 3 June 2026Company disclosed
Two: Noafarinan Behrad Pars, which sells car parts through Tapsi Garage (started 2023-24), and Noafarinan Radin Pars, digital health and medicine delivery through Tapsi Doctor (started 2025-26)
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09Tapsi Food is not named here against any subsidiary.
Revenue, monthly averageYear to 20 March 2026Company disclosed
253 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Printed as a monthly figure for the year without saying whether it is an average month. It is the company's revenue, not trip value.
Market capitalisationAt 20 March 2026Company disclosed
30,215,697 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09The market value of all Tapsi shares at the year-end share price, against 37,209,387 million rial a year earlier.
Parcel delivery service, growthYear to 19 March 2024Company disclosed
64 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09The report does not say whether this is growth in deliveries or in revenue. It says growth continued in the following year without a figure.
Operating revenue, year-on-year change, company onlyYear to 20 March 2026Company disclosed
30 per cent increase
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09Company only. Group revenue rose 36 per cent.
Intercity trip service, growthYear to 19 March 2024Company disclosed
6.5 times
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09The service connects cities up to about 500 kilometres apart. The report does not say what was measured.
Trip value per monthYear to 20 March 2026Company disclosed
1,687 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09The report prints this as a monthly figure for the year without saying whether it is an average month or a particular month. Trip value is what passengers paid for trips, not the company's revenue.
Target: new cities for the taxi serviceYear to 20 March 2027Company disclosed
9
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09A target the board set for the year, not a result.
Registered passengersAt the time of the report for the year to 20 March 2026Company disclosed
33,093,839
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09A cumulative count of passengers who have registered on the app, as the company's year-end report prints it. It is not a count of active users; the report prints no active-user figure.
Verified driversAt the time of the report for the year to 20 March 2026Company disclosed
3,832,483
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09A cumulative count of drivers the company has verified, not a count of drivers active in the year.
Revenue, quarterQuarter to 22 September 2025Company disclosed
673 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Quarterly revenue as the company charts it in its management report, in toman. The four quarters sum to 3,037 billion toman for the year.
Field marketing staff, in addition to the staff headcountAt the time of the report for the year to 20 March 2026Company disclosed
327
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09
Revenue, quarterQuarter to 21 December 2025Company disclosed
841 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Quarterly revenue as the company charts it in its management report, in toman. The four quarters sum to 3,037 billion toman for the year.
Registered passengersYear to 20 March 2023Company disclosed
23.5 million
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Revenue, spring quarterQuarter to 21 June 2022Company disclosed
105 billion toman
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Revenue, summer quarterQuarter to 22 September 2022Company disclosed
156 billion toman
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Operating revenueYear to 20 March 2023Company disclosed
6,258,527 million rial
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Net profit, year-on-year changeYear to 20 March 2023Company disclosed
352 per cent increase
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Revenue, year-on-year changeYear to 20 March 2025Company disclosed
126 per cent increase
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09The company's own statement of its revenue growth.
Monthly trip valueYear to 20 March 2023Company disclosed
345 billion toman
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Cities launched during the yearYear to 20 March 2023Company disclosed
18
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Operating revenue, year-on-year changeYear to 20 March 2023Company disclosed
135 per cent increase
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Net profitYear to 20 March 2023Company disclosed
871,798 million rial
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Passenger satisfaction with trips (trips without fault)Year to 20 March 2023Company disclosed
85 per cent
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Regional offices outside TehranYear to 20 March 2023Company disclosed
21
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Chief executiveYear to 20 March 2023Company disclosed
Milad Monshipour Kermani
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Field marketing staff, within total headcountYear to 20 March 2023Company disclosed
698
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Customer satisfaction with supportYear to 20 March 2023Company disclosed
93 per cent
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06
Revenue, quarterQuarter to 21 June 2025Company disclosed
875 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Quarterly revenue as the company charts it in its management report, in toman. The four quarters sum to 3,037 billion toman for the year.
Dividend per shareYear to 20 March 2025Company disclosed
85 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Approved at the annual general meeting of 7 June 2025 for the year to 20 March 2025.
Amortisation of deferred expenditure, company onlyYear to 20 March 2026Company disclosed
6,936,882 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09The part of earlier capitalised driver and passenger spending charged to cost of revenue in the year.
Revenue, quarterQuarter to 20 March 2026Company disclosed
648 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Quarterly revenue as the company charts it. The same chart prints 867 billion toman for the winter quarter a year earlier, so this quarter is about 25 per cent lower year on year.
Income tax, VAT and employer social insurance paid, totalYear to 20 March 2026Company disclosed
4,165,442 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Income tax, value added tax and the employer's share of social insurance paid in the year. The table does not say whether it covers the company alone or the group; income tax paid was nil.
Loans and financial facilities to drivers during the warYear to 20 March 2026Company disclosed
13 billion 475 million toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09The company's own figure for support given to its drivers during the war.
Value added tax paidYear to 20 March 2026Company disclosed
2,753,439 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Up from 15,009 million rial the year before. Page 20 of the report explains that the tax authority did not accept an exemption the company had relied on and the company agreed to pay value added tax for past years in instalments.
Driver and passenger costs carried forward as deferred expenditure, company onlyYear to 20 March 2026Company disclosed
18,212,266 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Spending on driver incentives, passenger discounts and fleet acquisition that the company carried as an asset rather than an expense in the year. For scale, company-only operating revenue was 30,375,309 million rial.
Subsidiary for digital health and medicine deliveryYear to 20 March 2026Company disclosed
Noafarinan Radin Pars, operating the Tapsi Doctor platform; began operating in the year
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09One of four subsidiaries the report describes. The report lists no subsidiary for food delivery.
Proposed capital increaseProposal approved by the board on 25 February 2026Company disclosed
From 2,462,566,989,000 rial to 20,000,000,000,000 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09A proposal, funded entirely by converting 14,906,818,059,350 rial of shareholders' claims and 2,630,614,951,650 rial of cash. The report says the aim is to reduce reliance on borrowing and finance costs.
In-house positioning system, median error in locating driversYear to 20 March 2026Company disclosed
About 165 metres
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Built after GPS disruption and limits on international internet during the war. The company states its next target is an error below 70 metres.
Operating revenue, company only, forecastForecast for the year to 20 March 2027Company disclosed
41,564,567 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09A management forecast, not a result. The same table forecasts a net profit of 602,353 million rial for the year, after a loss the year before.
Driver incentive bonuses carried as deferred expenditure, company onlyYear to 20 March 2026Company disclosed
10,472,520 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09Bonuses paid to drivers, for example for completing more trips, recorded as deferred expenditure.
Gross margin on ride and delivery commission, consolidatedYear to 20 March 2026Company disclosed
27 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Gross profit as a share of commission revenue, down from 48 per cent the year before. The company attributes the fall mainly to higher driver and passenger acquisition and retention costs, following an opinion of the Audit Organization's technical committee.
Shareholding of Noavaran Tejarat Electronic Hasti GroupAt 20 March 2026Company disclosed
69 per cent, 1,699,879,813 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09The parent company. The same holding was recorded a year earlier.
Accounting treatment of driver and passenger network costsYear to 20 March 2026Company disclosed
Carried forward as a deferred-expenditure asset until 21 June 2025; recorded under acquisition and retention expenses from 21 June 2025 to 21 December 2025, a practice to continue until the Audit Organisation rules on incentives under standard 43
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09The company's own account of its policy. The same report's cost table for the year still records 18,212,266 million rial as deferred expenditure, so the change applies to part of the year only.
Sales of goods (Tapsi Garage), consolidatedYear to 20 March 2026Company disclosed
4,862,102 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Goods sold by the group, mostly tyres, engine oil, brake pads and filters through the Tapsi Garage subsidiary; the listed company alone records no goods sales. Up from 2,331,797 million rial the year before.
Amortisation period for deferred driver and passenger costsYear to 20 March 2026Company disclosed
3 years, until 21 June 2025; since then the remaining book value on a declining basis
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09
Telephone booking revenue (1630 line), consolidated and companyYear to 20 March 2026Company disclosed
390,639 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Revenue from riders who book by telephone on the 1630 line, for passengers without a smartphone or unable to use the app. Up from 338,230 million rial.
Shareholding in Noafarinan Radin Pars (Tapsi Doctor)At 20 March 2026Company disclosed
100 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09The subsidiary that runs Tapsi Doctor, an online pharmacy marketplace and doctor-visit service. The group recorded 31,181 million rial of commission from pharmacies and doctors in the year, none of it in the listed company.
Borrowings, consolidatedAt 20 March 2026Company disclosed
25,988,626 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09All current, all in rial. Up from 17,929,234 million rial a year earlier.
Tyres sold, consolidatedYear to 20 March 2026Company disclosed
223,568
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Number of tyres sold by the group's car-parts business. Tyres are listed first among the goods, with oil, brake pads and filters, behind most of the group's goods revenue.
Sale of the Tapsi Doctor software to Kourosh e-commerce development (OKala)Sold 20 March 2026Company disclosed
540 billion rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09The software behind Tapsi Doctor was sold to a group company at the last day of the year, after an official court expert valued it at 543,520 million rial. The related-party note names the buyer with the OKala brand.
Borrowings from the Setaregan rapid entrepreneurship development fundAt 20 March 2026Company disclosed
18,959,952 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09The largest single lender, up from 5,899,905 million rial. Figure before deducting future interest and pledged deposits; most of the rest comes from other funds and banks.
Driver wallet credit funded by Kala Resan Hasti for purchases at Ofogh Kourosh storesYear to 20 March 2026Company disclosed
1,288,365 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Credit loaded into Tapsi drivers' wallets by a group company so drivers can shop at the group's Ofogh Kourosh stores.
Total value of trips completedYear to 20 March 2026Company disclosed
185,621 billion rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09The gross value of all trips taken on the platform in the year, from which Tapsi earns its commission. The unit here is billion rial, not the million rial used in the tables.
Average monthly employees, consolidatedYear to 20 March 2026Company disclosed
1,050
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09The group's average monthly headcount, all on contract, down from 1,181 the year before. The notes say staff who resigned were not replaced, citing the war and lower activity in parts of the year.
Cash, company onlyAt 20 March 2026Company disclosed
682,900 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Down from 838,211 million rial a year earlier.
Net debt to equity, consolidatedAt 20 March 2026Company disclosed
3,722 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Against a target the company sets of 35 per cent; a year earlier the ratio was 438 per cent. The company says it is reviewing the target or its structure.
Driver and passenger acquisition and retention costs, consolidatedYear to 20 March 2026Company disclosed
6,511,790 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Mostly incentives paid to drivers and passengers, compensation for app outages and cancelled bookings, charged to cost of revenue. Up from 582,829 million rial, largely because part of the incentives once carried to the balance sheet is now expensed.
Shareholding of Tavazon Kourosh investment fundAt 20 March 2026Company disclosed
13 per cent, 314,795,654 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Up from 29,480,468 shares, 1 per cent, a year earlier.
Net payable to Ofogh Kourosh chain stores, consolidatedAt 20 March 2026Company disclosed
2,182,823 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09A group company that is also a shareholder and board member. Nothing was owed a year earlier.
Shareholding in Noafarinan Behrad Pars (Tapsi Garage)At 20 March 2026Company disclosed
100 per cent, 199,999,996 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09The subsidiary that sells car parts and tyres under the Tapsi Garage name. The investment was raised to 200,000 million rial in the year from 10 million rial.
Shareholding of Ofogh Kourosh chain storesAt 20 March 2026Company disclosed
1 per cent, 23,800,000 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Down from 24,600,000 shares a year earlier. The company is also a board member and a trading counterparty of Tapsi.
Receivable from Pars Tarabaran Mabna (Alopeyk), consolidatedAt 20 March 2026Company disclosed
762,088 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Owed to Tapsi by the company the filing tags as Alopeyk. The related-party note says the year's dealings with this company were for charging the Alopeyk wallet in Tapsi. Nil a year earlier.
Cash, consolidatedAt 20 March 2026Company disclosed
990,072 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Up from 898,441 million rial a year earlier. Almost all of it is rial bank balances.
Borrowings at a 39 per cent rate, company onlyAt 20 March 2026Company disclosed
23,665,215 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Of the company's 25,093,273 million rial of borrowings, this much carries 39 per cent; only 1,428,058 million rial carries the 23 per cent nominal rate.
Statements approved by the boardYear to 20 March 2026Company disclosed
3 June 2026
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09No auditor's report accompanies this set of statements, and the filing that carries them is titled unaudited.
Vehicle parts and maintenance service, citiesAs described in the management report for the year to 20 March 2026Company disclosed
Thirteen: Tehran, Mashhad, Shiraz, Karaj, Isfahan, Tabriz, Urmia, Rasht, Qom, Kerman, Ahvaz, Neyshabur and Sari
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09Cities where the vehicle parts and maintenance service for drivers and other users with vehicles was available when the report was written.
Dividend for the yearYear to 20 March 2026Company disclosed
None: removed from the agenda because there was no distributable profit
Tapsi (Pishgaman Fanavari va Danesh Aramis) minutes of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-09Shareholders approved the year's statements but voted on no dividend, because the company had no profit available to distribute.
Net payable to the parent, Noavaran Tejarat Electronic Hasti Group, consolidatedAt 20 March 2026Company disclosed
15,183,302 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09What the group owed its parent at the year end, up from 3,807,170 million rial. The liquidity table schedules the shareholder balance as due in one to five years.
Commission revenue, company only, management forecastYear to 20 March 2027, forecastCompany disclosed
39,888,615 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09Commission on trips is the main revenue line in management's forecast for the coming year; not a result.
Receivable from Ghaza Resan Electronic Kourosh (Tapsi Food), consolidatedAt 20 March 2026Company disclosed
262,396 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09Owed to Tapsi by the company the filing tags as Tapsi Food, a group company rather than a Tapsi subsidiary. Nil a year earlier.
Sources of the proposed capital increaseProposal published 14 March 2026Company disclosed
14,906,818,059,350 rial from shareholders' claims and 2,630,614,951,650 rial in cash, 17,537,433,011,000 rial in all, for improving the financial structure
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09Most of the proposed increase converts amounts the company owes its shareholders into shares; the cash portion is about 15 per cent.
Competition complaint against Snapp FoodRuling of 6 May 2025, complaint filed 23 October 2024Company disclosed
First-instance ruling against Snapp Food by the Competition Council, decision 740, on Tapsi's complaint that it used exclusive contracts with restaurants; open to appeal within 20 days of notification on 12 May 2025
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09A first-instance decision as the company reported it; the report does not say whether Snapp Food appealed.
Net profit, company only, management forecastYear to 20 March 2027, forecastCompany disclosed
602,353 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09Management forecast of a return to profit after the loss of the year to 20 March 2026; not a result.
Board of directors, electedElected at the annual general meeting of 23 June 2026Company disclosed
Five corporate members for two years: Kourosh Investment Group, Noavaran Tejarat Electronic Hasti Group, Ofogh Kourosh Chain Stores, Bazargani Ofogh Kourosh and Kourosh Retail Industry Management Group
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08Every seat is held by a company rather than a person; each acts through a representative. One member, Ofogh Kourosh Chain Stores, is itself a public joint stock company. The minutes of the same meeting give Bazargani Ofogh Kourosh its new name, Zarrin Gostar Keyhan.
Interest rate on bank borrowings, company onlyAt 20 March 2026Company disclosed
23 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The rate the company states for its bank facilities. The notes to the same year's statements show 23,665,215 million rial of the company's 25,093,273 million rial of borrowing at 39 per cent, and 1,428,058 million rial at the 23 per cent nominal rate.
Operating revenue, company onlyThree months to 21 June 2026Company disclosed
7,263,752 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. Down 20 per cent on the restated 9,066,118 million rial of the same quarter a year earlier, as the filing's change column prints it.
Gross profit, company onlyThree months to 21 June 2026Company disclosed
2,198,752 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. Revenue less a cost of revenue of 5,065,000 million rial.
Net loss, company onlyThree months to 21 June 2026Company disclosed
loss of 737,601 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. Bracketed on the statement, a loss. No income tax was charged in the quarter.
Borrowings, company onlyAt 21 June 2026Company disclosed
26,152,927 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. All of it current: the statement shows no long-term borrowings at the date.
Operating profit, company onlyThree months to 21 June 2026Company disclosed
1,372,249 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. A profit at the operating level; finance costs in the same quarter were larger, which is what turns it into a net loss.
Basic loss per share, company onlyThree months to 21 June 2026Company disclosed
loss of 300 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. In rial per share, not million rial. Bracketed on the statement, a loss.
Finance costs, company onlyThree months to 21 June 2026Company disclosed
2,292,691 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. An expense, bracketed on the statement. The schedule of borrowings in the same filing gives the same amount as the quarter's finance cost on bank borrowings.
Cash, company onlyAt 21 June 2026Company disclosed
1,216,490 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. Cash held by the company at the end of the quarter.
Advertising revenue in the super app, company onlyThree months to 21 June 2026Company disclosed
711,010 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. A revenue line that first appears this quarter; the filing prints nil for it in the year to 20 March 2026.
Non-operational staff, company onlyAt 21 June 2026Company disclosed
84
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Headcount at the date, down from 105 at 20 March 2026.
Trip commission revenue, company onlyThree months to 21 June 2026Company disclosed
6,378,784 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. Commission on trips, the largest of the five revenue lines in the quarter.
Operational staff, company onlyAt 21 June 2026Company disclosed
679
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Headcount at the date, down from 854 at 20 March 2026.
Gross profit, company only, restatedThree months to 21 June 2025Company disclosed
2,716,801 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10The same quarter a year earlier as restated in this filing, unaudited.
Net loss, company only, restatedThree months to 21 June 2025Company disclosed
loss of 1,402,642 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10The same quarter a year earlier as restated in this filing, unaudited. Bracketed on the statement, a loss.
Telephone service revenue, monthMonth to 22 July 2026Company disclosed
37,253 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The filing names the line 'telephone service' and does not describe it further.
Telephone service revenue, company onlyThree months to 21 June 2026Company disclosed
117,862 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited. The telephone booking service; 390,639 million rial for the whole year to 20 March 2026.
Operating revenue, company only, restatedThree months to 21 June 2025Company disclosed
9,066,118 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10The same quarter a year earlier as restated in this filing, unaudited. Restated figures can differ from those first reported for the period.
Finance costs, company only, restatedThree months to 21 June 2025Company disclosed
1,757,196 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10The same quarter a year earlier as restated in this filing, unaudited. An expense, bracketed on the statement.
Operating profit, company only, restatedThree months to 21 June 2025Company disclosed
353,646 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10The same quarter a year earlier as restated in this filing, unaudited.
Basic loss per share, company only, restatedThree months to 21 June 2025Company disclosed
loss of 570 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10The same quarter a year earlier as restated in this filing, unaudited. In rial per share. Bracketed, a loss.
Operating revenue, monthMonth to 22 July 2026Company disclosed
3,329,846 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. Company revenue across all service lines.
Other operating revenue, monthMonth to 22 July 2026Company disclosed
298,195 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10The same table shows 9 million rial on this line for the year to 20 March 2026.
Cash, company only, restatedAt 21 June 2025Company disclosed
1,271,927 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10Unaudited, from the restated cash flow statement; the line the form calls the closing balance for the year is the closing balance of that quarter.
Commission revenue from drivers, monthMonth to 22 July 2026Company disclosed
2,978,549 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The commission the company keeps on trips, which is most of its revenue.
Operating revenue, first four months of the yearFour months to 22 July 2026Company disclosed
10,322,814 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. Company revenue across all service lines.
Other operating revenue, first four months of the yearFour months to 22 July 2026Company disclosed
738,423 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10The same table shows 9 million rial on this line for the year to 20 March 2026.
Commission revenue from drivers, first four months of the yearFour months to 22 July 2026Company disclosed
9,359,559 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The commission the company keeps on trips, which is most of its revenue.
Telephone service revenue, monthMonth to 22 August 2026Company disclosed
38,066 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The filing names the line 'telephone service' and does not describe it further.
Commission revenue from drivers, first five months of the yearFive months to 22 August 2026Company disclosed
12,570,527 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The commission the company keeps on trips, which is most of its revenue.
Telephone service revenue, monthMonth to 22 September 2026Company disclosed
34,210 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The filing names the line 'telephone service' and does not describe it further.
Commission revenue from drivers, first six months of the yearSix months to 22 September 2026Company disclosed
16,136,555 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The commission the company keeps on trips, which is most of its revenue.
Telephone service revenue, first four months of the yearFour months to 22 July 2026Company disclosed
155,114 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The filing names the line 'telephone service' and does not describe it further.
Operating revenue, monthMonth to 22 August 2026Company disclosed
3,477,617 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. Company revenue across all service lines.
Other operating revenue, monthMonth to 22 August 2026Company disclosed
228,583 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10The same table shows 9 million rial on this line for the year to 20 March 2026.
Telephone service revenue, first five months of the yearFive months to 22 August 2026Company disclosed
193,180 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The filing names the line 'telephone service' and does not describe it further.
Operating revenue, monthMonth to 22 September 2026Company disclosed
4,180,432 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. Company revenue across all service lines.
Other operating revenue, monthMonth to 22 September 2026Company disclosed
580,194 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10The same table shows 9 million rial on this line for the year to 20 March 2026.
Telephone service revenue, first six months of the yearSix months to 22 September 2026Company disclosed
227,390 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The filing names the line 'telephone service' and does not describe it further.
Commission revenue from drivers, monthMonth to 22 August 2026Company disclosed
3,210,968 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The commission the company keeps on trips, which is most of its revenue.
Operating revenue, first five months of the yearFive months to 22 August 2026Company disclosed
13,800,431 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. Company revenue across all service lines.
Other operating revenue, first five months of the yearFive months to 22 August 2026Company disclosed
967,006 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10The same table shows 9 million rial on this line for the year to 20 March 2026.
Commission revenue from drivers, monthMonth to 22 September 2026Company disclosed
3,566,028 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. The commission the company keeps on trips, which is most of its revenue.
Operating revenue, first six months of the yearSix months to 22 September 2026Company disclosed
17,980,863 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10Monthly activity report as filed; the filing does not say it is audited. Company revenue across all service lines.
Other operating revenue, first six months of the yearSix months to 22 September 2026Company disclosed
1,547,200 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10The same table shows 9 million rial on this line for the year to 20 March 2026.
Charitable and social responsibility budget, approvedApproved at the annual general meeting of 23 June 2026Company disclosed
10,000,000,000 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08The same amount as the year before; how it is spent was left to the board.
Operating profit, company onlyYear to 20 March 2026Company disclosed
3,049,417 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited. An operating profit for the full year, after an operating loss in the company's own nine-month statements to 21 December 2025.
Commission received from drivers in the month (company only, monthly activity report)Month to 21 May 2026Company disclosed
2,292,953 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 21 May 2026 · retrieved 2026-10-08From the company's own monthly activity report filed with the exchange, company only; the filing does not state whether the figures are audited. The filing calls its drivers 'ambassadors'.
Finance costs, company onlyYear to 20 March 2026Company disclosed
7,793,545 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited. Finance costs larger than the operating profit are what turned the year into a loss.
Operating revenue, year to date (company only, monthly activity report)Two months to 21 May 2026Company disclosed
3,894,948 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 21 May 2026 · retrieved 2026-10-08From the company's own monthly activity report filed with the exchange, company only; the filing does not state whether the figures are audited. The first two months of the financial year to 20 March 2027.
Basic loss per share, consolidatedYear to 20 March 2026Company disclosed
loss of 2,232 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited. The group's loss per share; the company-only figure is smaller because the company alone lost less than the group.
Trip commission revenue, company onlyYear to 20 March 2026Company disclosed
29,807,513 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08Commission on trips, 98 per cent of the company's revenue; the rest is a telephone service, a relaunch service and other items. From the management excerpt attached to the unaudited statements.
Audit committee membersAt 17 November 2024Company disclosed
3
Tapsi (Pishgaman Fanavari va Danesh Aramis) audit committee and internal audit unit filing · retrieved 2026-10-08As the company's filing describes its audit committee; two of the three are marked as independent members.
Operating revenue in the month (company only, monthly activity report)Month to 20 March 2026Company disclosed
1,556,664 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 20 March 2026 · retrieved 2026-10-08From the company's own monthly activity report filed with the exchange, company only; the filing does not state whether the figures are audited. The last month of the financial year, 20 February to 20 March 2026.
Intangible assets, consolidatedAt 20 March 2026Company disclosed
46,923,013 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08The filing marks this column unaudited. Intangible assets make up most of the group's balance sheet; the statements do not say here what they consist of.
Operational staff, company onlyAt 20 March 2026Company disclosed
854
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08Operational staff of the company alone, down from 1,030 a year earlier.
Audit committee, date formedFormed 22 April 2022Company disclosed
22 April 2022
Tapsi (Pishgaman Fanavari va Danesh Aramis) audit committee and internal audit unit filing · retrieved 2026-10-08
FY2024-25 resultsFY2024-25Official record
Standalone operating revenue 23,427,164 million rial (about 2,343 billion toman) for FY2024-25, per the audited comparative in the FY2025-26 statements; consolidated 26,012,877 million rial. About 189 million trips in the year per press coverage. A press figure of 2,302 billion toman of commission revenue (Zoomit) circulated and is close to, but not the same as, the filed figure.
Codal, audited financial statements for the year to 1404/12/29, prior-year comparative column (sheet 1 standalone, sheet 13 consolidated) ↗ · retrieved 2026-09-15The figure is the filed comparative. No year-on-year growth rate is given, because the FY2023-24 base has not been established.
Nine-month results to 21 December 2025 (filing)Nine months to 21 December 2025, with the comparative to 20 December 2024Official record
Tapsi's interim statements for the nine months to 21 December 2025 report operating revenue of 23,887,773 million rial against 15,051,797 in the reclassified comparative period, cost of revenue of 22,342,581 against 8,774,119, gross profit of 1,545,192 against 6,277,678, selling and administrative expenses of 5,303,367 against 2,494,458, and finance costs of 5,515,065 against 344,946. The statement header prints all amounts in million rial.
Tapsi, interim financial statements, income statement ↗ · retrieved 2026-09-15From the filing, in a copy held by Tehran Index. The comparative column is the filing's own reclassified figure and is labelled as such.
Early profitability curveFY2020-21 to FY2021-22, as the investor page prints themCompany disclosed
Tapsi's investor-relations page prints a comparative income statement for 2021-22 against 2020-21 with the percentage change in each line: revenue up 52 percent, cost of revenue up 37 percent, gross profit up 142 percent, selling and administrative expenses up 45 percent, operating profit up 220 percent, finance costs up 25 percent, tax up 1,407 percent and net profit up 309 percent. The table prints no unit.
investors.tapsi.ir/financial ↗ · retrieved 2026-09-15Growth ratios only. Absolute figures held: the page prints no unit label and Iranian filings are conventionally million rial; Codal verification pending. Passage attached 15 September 2026. The growth percentages are the page's own and do not depend on the unit; the absolute figures do, and are carried on the separate claim that states the unit is inferred.
FY2025-26 filingsFilings listed 13 June 2026Official record
Tapsi's investor-relations page lists three filings dated 13 June 2026: the FY2025-26 board introduction, the FY2025-26 sustainability report, and unaudited nine-month statements for 2025-26. The page links to Codal for the filings themselves.
Codal, via investors.tapsi.ir ↗ · retrieved 2026-09-15
Tapsi Food figures as reported by Digiato, and the sources Digiato namesFY2025-26Third-party reported
Digiato reports that Tapsi Food recorded net merchandise value of about one hemmat (one thousand billion toman) in the year to 20 March 2026, recognised 73 billion toman of operating revenue from it, carried cost of operating revenue of about 97 billion toman for a gross loss of 24 billion toman, and reached a net loss of 462 billion toman, which it attributes to a period of investment and market development. Digiato states where these data come from: the audited financial statements of Noavaran Tejarat Electronic Hasti, together with information Tapsi Food supplied to Digiato. It also states that the figures show only part of Tapsi Food's financial performance for that year. This is Digiato's report and Tehran Index does not adopt it: the mixed sourcing means some figures rest on an audited statement and others on what the company told a publication, and the post does not say which are which.
Digiato ↗ · retrieved 2026-09-15
FY2025-26 official results (standalone)to 20 March 2026Official record
Net loss 4,478,611 million rial (about 448 billion toman, roughly $2.5M at the 2025-26 filings rate of ~178,000 toman/$) on the audited standalone statements; basic loss per share 1,819 rial, which reconciles with that loss; no dividend.
Codal, audited financial statements for the year to 1404/12/29 (20 March 2026), standalone income statement (sheet 1) ↗ · retrieved 2026-09-15Approved at the 2026-06-23 AGM. The consolidated group figures are a different statement basis and are reported separately.
Share capitalFY2025-26Official record
Registered share capital 2,462,567 million rial, that is 2,462,567,000 shares of 1,000 rial (up from about 1.17 billion shares at the 2022 listing; capital raised after listing). The FY2025-26 loss per share of 1,819 rial reconciles with this full share count.
Codal, audited financial statements for the year to 1404/12/29, cover data (سرمایه ثبت شده) ↗ · retrieved 2026-09-15Withdrawn 2026-09-15: an earlier note said EPS arithmetic implied a mid-year weighted average of about 1.3 billion shares; that rested on a mistranscribed loss figure (see the standalone results fact). Registered capital is a nominal legal figure and not a valuation.
Noafarinan Behrad Pars audited result, as filed on CodalFY2025-26Official record
The audited statements of Noafarinan Behrad Pars for the year to 20 March 2026, filed on Codal, print revenue of 5,082,744 million rial and a net loss of 989,679 million rial, about 99 billion toman. The filing header prints amounts in million rial. Noafarinan Behrad Pars is a Tapsi subsidiary; it is not asserted to be the entity carrying the Tapsi Food business, which is an open question.
Codal filing for Noafarinan Behrad Pars ↗ · retrieved 2026-09-15The filing is the source; the entity attribution to Tapsi Food is deliberately not made here.
FY2025-26 consolidated P&L driversto 20 March 2026Official record
Gross profit 9,015,699 million rial (down 22 percent) as cost of revenue rose 82 percent; operating profit 2,373,197 million rial (down 61 percent); finance costs 8,149,616 million rial, 5.8 times the 1,415,366 of FY2024-25. The swing to a loss is a financing-cost story.
Codal, audited consolidated financial statements for the year to 1404/12/29, consolidated income statement (sheet 13) ↗ · retrieved 2026-09-15FY2024-25 comparative (audited, restated): revenue 26,012,877M rial ≈ 2,601B toman; net profit 2,436,468M rial ≈ 244B toman.
Market position, as the company presented it to its own shareholdersFinancial year 2024-25, as presented at the AGM of 8 June 2025Company disclosed
At Tapsi's annual general meeting on 8 June 2025, chief executive Mostafa Seyed Hosseini told shareholders that Tapsi's Tehran market share rose from 16 to 32 percent, that at the end of 2024-25 the company was present in 55 percent of the market by trip count and 70 percent by trip value, and that on Tapsi's own estimates the online-taxi market grew about 20 percent by trip count in 2024-25. The report records the caveat he gave with it: the share estimate is built from the company's own data together with figures the competitor published in its annual reports. The estimate is given with that caveat attached and is not presented as an independent measurement.
DMBoard, reporting Tapsi's annual general meeting ↗ · retrieved 2026-09-15
Winter revenue, as presented to shareholdersWinter 2024-25 against winter 2023-24, presented at the AGM of 8 June 2025Company disclosed
At the same meeting the company reported that its revenue in winter 2024-25 reached 867 billion toman against 307 billion toman in winter 2023-24, close to three times, and the chief executive argued the growth could not be attributed to inflation because trip numbers grew 2.7 times over the same period. Asked by shareholders about reports that Tapsi capitalises its marketing spend, he stated that Tapsi recognises none of its advertising and marketing costs as transferable expenditure, and that the company could be profitable quickly by doing so but had chosen a path leading to growth instead.
DMBoard, reporting Tapsi's annual general meeting ↗ · retrieved 2026-09-15The company's statements for the year to 20 March 2026 carry 18,212,266 million rial of driver and passenger costs, among them driver incentives and passenger discounts, as deferred expenditure.
Metric series, change over time
Revenue
FY2020-211,748,307M rial (~175B toman)
FY2021-222,662,098M rial (~266B toman)
investors.tapsi.ir/financial; unit per Codal filing convention ↗

Series are basis-consistent: values are only charted against comparable prior periods. Approximation qualifiers from the source are preserved. Rial figures follow the filing convention (million rial); toman conversions are ours and labelled.

Leadership
Founder, as named in the company's own announcementAs named in the company announcement of February 2024Company disclosed
Tapsi's own announcement of the February 2024 Golrang acquisition names Milad Monshipour as founder of Tapsi and quotes him on the transaction. Only the founder named by the surviving company source is given here.
Tapsi company blog, announcement of the acquisition via the stock market ↗ · retrieved 2026-09-28Named as founder in Tapsi's own announcement of the February 2024 Golrang acquisition, re-read on 28 September 2026. A company about page that named a second co-founder and gave a first-release date no longer resolves.
Chief executive, as filed with the regulatorBoard and managing director as filed, resolutions of 28 February 2026 and 7 March 2026Official record
The board-composition filing lodged for Pishgaman Fanavari va Danesh Aramis, ticker TAPSI, names Seyed Mostafa Seyed Hosseini as managing director. The same filing seats him as vice-chairman of the board and records him as the one executive among the five representatives alongside Milad Jalayer. It rests on the ordinary general meeting of 28 February 2026 and the board meeting of 7 March 2026.
Codal filing, introduction or change of board members and managing director, TAPSI, held document ↗ · retrieved 2026-09-15Per the official AGM filing (meeting held 2026-06-23). Resolves the earlier conflict: the founder-era about-page was stale; Monshipour is founder, no longer CEO.
Corporate family
Golrang Industrial Group
Golrang CrowdFintechGolrang SystemEnterprise SWOKalaE-commerceTapsi FoodFoodTechTapsi MarketE-commerceZapLogistics

Tracked entities in the same corporate family. Ownership percentages appear in Ownership & capital only when disclosed.

Ownership & capital
Board and its corporate members (unaudited nine-month filing)Nine months to 21 December 2025, board-approved 20 January 2026Official record
Tapsi's unaudited nine-month statements to 21 December 2025, approved by the board on 20 January 2026, list a board composed entirely of Golrang-group corporate members with named representatives, as the filing prints them: Korosh Investment Group as chairman, represented by Ali Ebrahimi Kordlar; Ofogh Korosh chain stores as vice chairman, represented by Morteza Mousakhani; Hasti E-Commerce Innovators Group as board member and managing director, represented by Seyed Mostafa Seyed Hosseini; Korosh Retail Industry Management Group, represented by Milad Jalayer; and Ofogh Korosh Trading, represented by Soheil Hajipour Moghaddam. The filing states who sits on the board and for whom; it does not state shareholdings, and none is inferred here.
Tapsi, interim financial statements for the nine months to 30 Azar 1404, cover page ↗ · retrieved 2026-09-15From the filing, in a copy held by Tehran Index. The registered managing director named here, through Hasti E-Commerce Innovators Group, is the filing's own statement and supersedes leadership readings taken from profiles.
The 2024 change of control, as the company announced itTransaction of 4 and 5 February 2024Company disclosed
Tapsi's own announcement states that Golrang Holding acquired a 70 percent stake in Tapsi for approximately 2.1 trillion Iranian rial, which the announcement itself gives as 38 million dollars, that the transaction involved the transfer of a 68.95 percent share, and that it was done through the over-the-counter market on 4 and 5 February 2024 following the Securities and Exchange Organisation's announcement of a public offering of four major blocks of Tapsi shares. The announcement states both 70 percent and 68.95 percent in adjacent sentences; both are reproduced rather than choosing between them.
Tapsi company blog, announcement of the acquisition via the stock market ↗ · retrieved 2026-09-15
Post-deal structurePost-transaction, February 2024Official record
Tapsi's acquisition announcement of 6 February 2024 describes the transferred share as 68.95 percent. No free-float complement is asserted: the announcement does not state the remaining holding, and no shareholder filing that does has been read.
Tapsi acquisition announcement ↗ · retrieved 2026-09-15
Board composition, as filed with the regulatorBoard as filed, resolutions of 28 February 2026 and 7 March 2026Official record
The same filing lists five board seats, every one held by a legal entity in the Golrang group rather than by an individual, each acting through a named representative: Kourosh Investment Group as chair, represented by Morteza Musa Khani, non-executive; Hasti E-Commerce Innovators Group as vice-chair, represented by Seyed Mostafa Seyed Hosseini, executive; Ofogh Kourosh Chain Stores, represented by Naser Kalbasi, non-executive; Bazargani Ofogh Kourosh, represented by Habibeh Anahid, non-executive, who is also recorded as board secretary; and Kourosh Retail Industry Management Group, represented by Milad Jalayer, executive. The filing records two changes of representative: Musa Khani replaces Ali Ebrahimi Kordlar in the chair's seat, and Anahid replaces Soheil Hajipour Moghaddam.
Codal filing, board composition, TAPSI, held document ↗ · retrieved 2026-09-15AGM present quorum 89.93% of shares. Later filings give Bazargani Ofogh Kourosh its new name, Zarrin Gostar Keyhan.
Legal operator (company terms)Terms page read 15 September 2026Company disclosed
The passenger terms of use state that the Tapsi applications were designed by the company Pishgaman Fanavari va Danesh Aramis to facilitate passenger transport, and that the terms bind users and that company. Tapsi is the brand and the exchange ticker; the terms name that company as the operator.
Tapsi passenger terms of use (tapsi.ir/terms/passengers) ↗ · retrieved 2026-09-15Brand-to-operator evidence from the company's terms. The cited source ties the brand to this legal person in its own words.
Competitive set
Competitive setCurrentTI derived
Snapp (ride-hailing, dominant share) · Alibaba.ir (intercity travel adjacency)
Tehran Index registry mapping · retrieved 2026-07-10Derived from the tracked-entity registry.
Evidence timeline, how this record was built
Date pendingCompany statementTapsi acquisition announcement ↗2 records
Date pendingExchange filingTapsi, Codal, AGM decisions filing, FY ending 1404/12/29 ↗3 records

Primary sources catalogued in the Evidence Library; extracted claims appear above as period-stamped facts, never as current news.

Signals & timeline, Tapsi mentions
2026-10-03TapsiShop launches combined credit payment feature2026-09-30Tapsi's September revenue rises over 20% to 418 billion toman2026-09-27OzonCard Orange launched for Tapsi drivers2026-08-23Tapsifood launches in-store BNPL with Tara, Digipay, Bluebank, AzkiVam2026-08-23Tapsifood launches in-store credit purchase feature2026-07-2941.6% of TapsiShop's Tehran orders use under-2-hour delivery2026-07-27Tapsi launches Mapsi, its mapping service for businesses2026-07-25Snapp and Tapsi fare hikes caused dissatisfaction among both passengers and drivers

From the published signal feed; each record links to its source. All signals →

What we don't know
FY2020-21 to FY2021-22 unit verificationCoverage pending
Absolute figures from the Codal filings, which do print their unit, are given separately under operating metrics.
Executive successionNot disclosed
Current operating KPIsCoverage pending

Stated gaps are part of the record: in an opaque market, knowing what is NOT publicly established is as decision-relevant as what is.

Source ledger, every field, its evidence
Commission received from drivers, year to date (company only, monthly activity report)Company disclosedTwo months to 21 May 2026
3,617,959 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 21 May 2026 · retrieved 2026-10-08retrieved 2026-10-08
Commission received from drivers, prior year (company only, monthly activity report)Company disclosedYear to 20 March 2025
23,028,026 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 20 March 2026 · retrieved 2026-10-08retrieved 2026-10-08
Shareholding of Noavaran Tejarat Electronic Hasti Group (Hasti E-Commerce Innovators Group), as recorded at the annual general meetingCompany disclosedAt the annual general meeting of 23 June 2026
69.21 per cent, 1,704,463,181 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operating revenue, monthCompany disclosedMonth to 21 June 2026
3,098,020 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 21 June 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Total assets, consolidatedCompany disclosedAt 20 March 2026
53,581,693 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Non-operational staff, company onlyCompany disclosedAt 20 March 2026
105
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Board's assessment of internal control over financial reporting, companyCompany disclosedAt 20 March 2026
Effective
Tapsi (Pishgaman Fanavari va Danesh Aramis) board report on internal control over financial reporting at 20 March 2026, issued 13 June 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Financial statements for the year, approvalCompany disclosedYear to 20 March 2026
Approved by the annual general meeting
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Commission revenue from drivers, monthCompany disclosedMonth to 21 June 2026
2,763,051 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 21 June 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Total equity, consolidatedCompany disclosedAt 20 March 2026
1,375,861 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Advertising expense within selling and administrative costs, company onlyCompany disclosedYear to 20 March 2026
4,634,934 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Board's assessment of internal control over financial reporting, subsidiariesCompany disclosedAt 20 March 2026
Effective
Tapsi (Pishgaman Fanavari va Danesh Aramis) board report on internal control over financial reporting at 20 March 2026, issued 13 June 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Auditor and statutory inspector, electedCompany disclosedElected at the annual general meeting of 23 June 2026
Hooshiar Momayez; alternate inspector Bayat Rayan
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operating revenue, first three months of the yearCompany disclosedThree months to 21 June 2026
6,992,968 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 21 June 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Net cash from operating activities, consolidatedCompany disclosedYear to 20 March 2026
12,692,556 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Advertising expense within cost of revenue, company onlyCompany disclosedYear to 20 March 2026
4,089,608 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Material weakness in internal controlCompany disclosedAt 20 March 2026
None reported
Tapsi (Pishgaman Fanavari va Danesh Aramis) board report on internal control over financial reporting at 20 March 2026, issued 13 June 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operating revenue in the month (company only, monthly activity report)Company disclosedMonth to 20 April 2026
1,409,433 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 20 April 2026 · retrieved 2026-10-08retrieved 2026-10-08
Commission revenue from drivers, first three months of the yearCompany disclosedThree months to 21 June 2026
6,381,010 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 21 June 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Payments to acquire intangible assets, consolidatedCompany disclosedYear to 20 March 2026
23,130,275 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Depreciation and amortisation within cost of revenue, company onlyCompany disclosedYear to 20 March 2026
8,557,560 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Disagreement between audit committee and board on internal controlCompany disclosedAt 20 March 2026
None
Tapsi (Pishgaman Fanavari va Danesh Aramis) board report on internal control over financial reporting at 20 March 2026, issued 13 June 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Commission received from drivers in the month (company only, monthly activity report)Company disclosedMonth to 20 April 2026
1,325,006 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 20 April 2026 · retrieved 2026-10-08retrieved 2026-10-08
Board bonus for the yearCompany disclosedYear to 20 March 2026
None (0)
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operating revenue, company onlyCompany disclosedYear to 20 March 2026
30,375,309 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Bank borrowings, company onlyCompany disclosedAt 20 March 2026
25,093,273 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operating revenue in the month (company only, monthly activity report)Company disclosedMonth to 21 May 2026
2,485,515 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 21 May 2026 · retrieved 2026-10-08retrieved 2026-10-08
Total equity, company onlyCompany disclosedAt 20 March 2026
2,359,749 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Monthly revenueCompany disclosedYear to 20 March 2023
52 billion toman
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Cities where the service is activeCompany disclosedYear to 20 March 2023
33
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Operating profitCompany disclosedYear to 20 March 2023
958,179 million rial
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Operating profit or loss (company only, unaudited)Company disclosedNine months to 21 December 2025
loss of 2,096,111 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Total equity, comparative date (company only, unaudited)Company disclosedAt 20 March 2025
6,601,773 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Operating profit or loss, comparative period (company only, unaudited)Company disclosedNine months to 20 December 2024
profit of 3,294,149 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Finance costs (company only, unaudited)Company disclosedNine months to 21 December 2025
5,515,065 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Borrowings, comparative date (company only, unaudited)Company disclosedAt 20 March 2025
16,809,505 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Operating revenue (company only, unaudited)Company disclosedNine months to 21 December 2025
23,887,773 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Basic earnings or loss per share (company only, unaudited)Company disclosedNine months to 21 December 2025
loss of 3,015 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Operating revenue, comparative period (company only, unaudited)Company disclosedNine months to 20 December 2024
15,051,797 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Basic earnings or loss per share, comparative period (company only, unaudited)Company disclosedNine months to 20 December 2024
earnings of 1,124 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Gross profit (company only, unaudited)Company disclosedNine months to 21 December 2025
1,545,192 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Total assets, comparative date (company only, unaudited)Company disclosedAt 20 March 2025
37,087,412 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Gross profit, comparative period (company only, unaudited)Company disclosedNine months to 20 December 2024
6,277,678 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Finance costs, comparative period (company only, unaudited)Company disclosedNine months to 20 December 2024
344,946 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Net profit or loss (company only, unaudited)Company disclosedNine months to 21 December 2025
loss of 7,425,031 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Net profit or loss, comparative period (company only, unaudited)Company disclosedNine months to 20 December 2024
profit of 2,768,850 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Total equity (company only, unaudited)Company disclosedAt 21 December 2025
negative 1,032,576 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Borrowings (company only, unaudited)Company disclosedAt 21 December 2025
24,911,389 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Cash (company only, unaudited)Company disclosedAt 21 December 2025
539,008 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Cash, comparative date (company only, unaudited)Company disclosedAt 20 March 2025
838,212 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) unaudited interim financial statements, nine months to 21 December 2025 · retrieved 2026-10-06retrieved 2026-10-06
Staff headcountCompany disclosedYear to 20 March 2023
1,230
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Free floatCompany disclosedAt 20 March 2026
30 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Inactive subsidiariesCompany disclosedAs at the board report approved 3 June 2026
Two: Noafarinan Radman Pars, which ran car-based parcel delivery, and Noafarinan Rabin Pars, which ran a school transport service in Tehran; both started in 2023-24 and have stopped
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Verified driversCompany disclosedYear to 20 March 2023
2.24 million
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Trading days in the yearCompany disclosedYear to 20 March 2026
104
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Target: growth in taxi trips in the eight main citiesCompany disclosedYear to 20 March 2027
20 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Revenue, year-on-year changeCompany disclosedYear to 19 March 2024
67 per cent increase
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Income tax, VAT and employer social insurance paid, totalCompany disclosedYear to 20 March 2025
920,250 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Staff headcountCompany disclosedYear to 20 March 2025
1,158
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Commission on each tripCompany disclosedYear to 20 March 2026
15 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Target: growth in delivery tripsCompany disclosedYear to 20 March 2027
50 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Market maker for the sharesCompany disclosedMarket-making period from 9 June 2025 to 20 March 2026
Tavazon Kourosh dedicated market-making investment fund; 25,000,000 shares allocated to it by the major shareholder and no funds by the company
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Shareholding held by funds, as a groupCompany disclosedAt 20 March 2026
15 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Share price at year endCompany disclosedAt 20 March 2026
12,270 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Active subsidiariesCompany disclosedAs at the board report approved 3 June 2026
Two: Noafarinan Behrad Pars, which sells car parts through Tapsi Garage (started 2023-24), and Noafarinan Radin Pars, digital health and medicine delivery through Tapsi Doctor (started 2025-26)
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Revenue, monthly averageCompany disclosedYear to 20 March 2026
253 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Market capitalisationCompany disclosedAt 20 March 2026
30,215,697 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Parcel delivery service, growthCompany disclosedYear to 19 March 2024
64 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Operating revenue, year-on-year change, company onlyCompany disclosedYear to 20 March 2026
30 per cent increase
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Intercity trip service, growthCompany disclosedYear to 19 March 2024
6.5 times
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Trip value per monthCompany disclosedYear to 20 March 2026
1,687 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Target: new cities for the taxi serviceCompany disclosedYear to 20 March 2027
9
Tapsi (Pishgaman Fanavari va Danesh Aramis) board of directors' report to the annual general meeting, year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Registered passengersCompany disclosedAt the time of the report for the year to 20 March 2026
33,093,839
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Verified driversCompany disclosedAt the time of the report for the year to 20 March 2026
3,832,483
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Revenue, quarterCompany disclosedQuarter to 22 September 2025
673 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Field marketing staff, in addition to the staff headcountCompany disclosedAt the time of the report for the year to 20 March 2026
327
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Revenue, quarterCompany disclosedQuarter to 21 December 2025
841 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Registered passengersCompany disclosedYear to 20 March 2023
23.5 million
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Revenue, spring quarterCompany disclosedQuarter to 21 June 2022
105 billion toman
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Revenue, summer quarterCompany disclosedQuarter to 22 September 2022
156 billion toman
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Operating revenueCompany disclosedYear to 20 March 2023
6,258,527 million rial
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Net profit, year-on-year changeCompany disclosedYear to 20 March 2023
352 per cent increase
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Revenue, year-on-year changeCompany disclosedYear to 20 March 2025
126 per cent increase
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Monthly trip valueCompany disclosedYear to 20 March 2023
345 billion toman
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Cities launched during the yearCompany disclosedYear to 20 March 2023
18
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Operating revenue, year-on-year changeCompany disclosedYear to 20 March 2023
135 per cent increase
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Net profitCompany disclosedYear to 20 March 2023
871,798 million rial
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Passenger satisfaction with trips (trips without fault)Company disclosedYear to 20 March 2023
85 per cent
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Regional offices outside TehranCompany disclosedYear to 20 March 2023
21
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Chief executiveCompany disclosedYear to 20 March 2023
Milad Monshipour Kermani
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Field marketing staff, within total headcountCompany disclosedYear to 20 March 2023
698
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Customer satisfaction with supportCompany disclosedYear to 20 March 2023
93 per cent
Tapsi management commentary report, year to 20 March 2023 · retrieved 2026-10-06retrieved 2026-10-06
Revenue, quarterCompany disclosedQuarter to 21 June 2025
875 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Dividend per shareCompany disclosedYear to 20 March 2025
85 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Amortisation of deferred expenditure, company onlyCompany disclosedYear to 20 March 2026
6,936,882 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Revenue, quarterCompany disclosedQuarter to 20 March 2026
648 billion toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Income tax, VAT and employer social insurance paid, totalCompany disclosedYear to 20 March 2026
4,165,442 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Loans and financial facilities to drivers during the warCompany disclosedYear to 20 March 2026
13 billion 475 million toman
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Value added tax paidCompany disclosedYear to 20 March 2026
2,753,439 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Driver and passenger costs carried forward as deferred expenditure, company onlyCompany disclosedYear to 20 March 2026
18,212,266 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Subsidiary for digital health and medicine deliveryCompany disclosedYear to 20 March 2026
Noafarinan Radin Pars, operating the Tapsi Doctor platform; began operating in the year
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Proposed capital increaseCompany disclosedProposal approved by the board on 25 February 2026
From 2,462,566,989,000 rial to 20,000,000,000,000 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
In-house positioning system, median error in locating driversCompany disclosedYear to 20 March 2026
About 165 metres
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Operating revenue, company only, forecastCompany disclosedForecast for the year to 20 March 2027
41,564,567 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Driver incentive bonuses carried as deferred expenditure, company onlyCompany disclosedYear to 20 March 2026
10,472,520 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Gross margin on ride and delivery commission, consolidatedCompany disclosedYear to 20 March 2026
27 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Shareholding of Noavaran Tejarat Electronic Hasti GroupCompany disclosedAt 20 March 2026
69 per cent, 1,699,879,813 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Accounting treatment of driver and passenger network costsCompany disclosedYear to 20 March 2026
Carried forward as a deferred-expenditure asset until 21 June 2025; recorded under acquisition and retention expenses from 21 June 2025 to 21 December 2025, a practice to continue until the Audit Organisation rules on incentives under standard 43
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Sales of goods (Tapsi Garage), consolidatedCompany disclosedYear to 20 March 2026
4,862,102 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Amortisation period for deferred driver and passenger costsCompany disclosedYear to 20 March 2026
3 years, until 21 June 2025; since then the remaining book value on a declining basis
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, attached to the unaudited consolidated financial statements, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Telephone booking revenue (1630 line), consolidated and companyCompany disclosedYear to 20 March 2026
390,639 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Shareholding in Noafarinan Radin Pars (Tapsi Doctor)Company disclosedAt 20 March 2026
100 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Borrowings, consolidatedCompany disclosedAt 20 March 2026
25,988,626 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Tyres sold, consolidatedCompany disclosedYear to 20 March 2026
223,568
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Sale of the Tapsi Doctor software to Kourosh e-commerce development (OKala)Company disclosedSold 20 March 2026
540 billion rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Borrowings from the Setaregan rapid entrepreneurship development fundCompany disclosedAt 20 March 2026
18,959,952 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Driver wallet credit funded by Kala Resan Hasti for purchases at Ofogh Kourosh storesCompany disclosedYear to 20 March 2026
1,288,365 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Total value of trips completedCompany disclosedYear to 20 March 2026
185,621 billion rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Average monthly employees, consolidatedCompany disclosedYear to 20 March 2026
1,050
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Cash, company onlyCompany disclosedAt 20 March 2026
682,900 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Net debt to equity, consolidatedCompany disclosedAt 20 March 2026
3,722 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Driver and passenger acquisition and retention costs, consolidatedCompany disclosedYear to 20 March 2026
6,511,790 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Shareholding of Tavazon Kourosh investment fundCompany disclosedAt 20 March 2026
13 per cent, 314,795,654 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Net payable to Ofogh Kourosh chain stores, consolidatedCompany disclosedAt 20 March 2026
2,182,823 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Shareholding in Noafarinan Behrad Pars (Tapsi Garage)Company disclosedAt 20 March 2026
100 per cent, 199,999,996 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Shareholding of Ofogh Kourosh chain storesCompany disclosedAt 20 March 2026
1 per cent, 23,800,000 shares
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Receivable from Pars Tarabaran Mabna (Alopeyk), consolidatedCompany disclosedAt 20 March 2026
762,088 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Cash, consolidatedCompany disclosedAt 20 March 2026
990,072 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Borrowings at a 39 per cent rate, company onlyCompany disclosedAt 20 March 2026
23,665,215 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Statements approved by the boardCompany disclosedYear to 20 March 2026
3 June 2026
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Vehicle parts and maintenance service, citiesCompany disclosedAs described in the management report for the year to 20 March 2026
Thirteen: Tehran, Mashhad, Shiraz, Karaj, Isfahan, Tabriz, Urmia, Rasht, Qom, Kerman, Ahvaz, Neyshabur and Sari
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Dividend for the yearCompany disclosedYear to 20 March 2026
None: removed from the agenda because there was no distributable profit
Tapsi (Pishgaman Fanavari va Danesh Aramis) minutes of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Net payable to the parent, Noavaran Tejarat Electronic Hasti Group, consolidatedCompany disclosedAt 20 March 2026
15,183,302 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Commission revenue, company only, management forecastCompany disclosedYear to 20 March 2027, forecast
39,888,615 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Receivable from Ghaza Resan Electronic Kourosh (Tapsi Food), consolidatedCompany disclosedAt 20 March 2026
262,396 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and separate financial statements with notes, year to 20 March 2026, Codal letter 1548908 · retrieved 2026-10-09retrieved 2026-10-09
Sources of the proposed capital increaseCompany disclosedProposal published 14 March 2026
14,906,818,059,350 rial from shareholders' claims and 2,630,614,951,650 rial in cash, 17,537,433,011,000 rial in all, for improving the financial structure
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Competition complaint against Snapp FoodCompany disclosedRuling of 6 May 2025, complaint filed 23 October 2024
First-instance ruling against Snapp Food by the Competition Council, decision 740, on Tapsi's complaint that it used exclusive contracts with restaurants; open to appeal within 20 days of notification on 12 May 2025
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Net profit, company only, management forecastCompany disclosedYear to 20 March 2027, forecast
602,353 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) management's interpretive report for the year to 20 March 2026, Codal filing · retrieved 2026-10-09retrieved 2026-10-09
Board of directors, electedCompany disclosedElected at the annual general meeting of 23 June 2026
Five corporate members for two years: Kourosh Investment Group, Noavaran Tejarat Electronic Hasti Group, Ofogh Kourosh Chain Stores, Bazargani Ofogh Kourosh and Kourosh Retail Industry Management Group
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Interest rate on bank borrowings, company onlyCompany disclosedAt 20 March 2026
23 per cent
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operating revenue, company onlyCompany disclosedThree months to 21 June 2026
7,263,752 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Gross profit, company onlyCompany disclosedThree months to 21 June 2026
2,198,752 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Net loss, company onlyCompany disclosedThree months to 21 June 2026
loss of 737,601 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Borrowings, company onlyCompany disclosedAt 21 June 2026
26,152,927 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Operating profit, company onlyCompany disclosedThree months to 21 June 2026
1,372,249 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Basic loss per share, company onlyCompany disclosedThree months to 21 June 2026
loss of 300 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Finance costs, company onlyCompany disclosedThree months to 21 June 2026
2,292,691 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Cash, company onlyCompany disclosedAt 21 June 2026
1,216,490 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Advertising revenue in the super app, company onlyCompany disclosedThree months to 21 June 2026
711,010 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Non-operational staff, company onlyCompany disclosedAt 21 June 2026
84
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Trip commission revenue, company onlyCompany disclosedThree months to 21 June 2026
6,378,784 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Operational staff, company onlyCompany disclosedAt 21 June 2026
679
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Gross profit, company only, restatedCompany disclosedThree months to 21 June 2025
2,716,801 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Net loss, company only, restatedCompany disclosedThree months to 21 June 2025
loss of 1,402,642 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Telephone service revenue, monthCompany disclosedMonth to 22 July 2026
37,253 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Telephone service revenue, company onlyCompany disclosedThree months to 21 June 2026
117,862 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Operating revenue, company only, restatedCompany disclosedThree months to 21 June 2025
9,066,118 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Finance costs, company only, restatedCompany disclosedThree months to 21 June 2025
1,757,196 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Operating profit, company only, restatedCompany disclosedThree months to 21 June 2025
353,646 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Basic loss per share, company only, restatedCompany disclosedThree months to 21 June 2025
loss of 570 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Operating revenue, monthCompany disclosedMonth to 22 July 2026
3,329,846 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Other operating revenue, monthCompany disclosedMonth to 22 July 2026
298,195 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Cash, company only, restatedCompany disclosedAt 21 June 2025
1,271,927 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) interim financial information, three months to 21 June 2026, unaudited, amended filing, Codal letter 1582902 · retrieved 2026-10-10retrieved 2026-10-10
Commission revenue from drivers, monthCompany disclosedMonth to 22 July 2026
2,978,549 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Operating revenue, first four months of the yearCompany disclosedFour months to 22 July 2026
10,322,814 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Other operating revenue, first four months of the yearCompany disclosedFour months to 22 July 2026
738,423 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Commission revenue from drivers, first four months of the yearCompany disclosedFour months to 22 July 2026
9,359,559 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Telephone service revenue, monthCompany disclosedMonth to 22 August 2026
38,066 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Commission revenue from drivers, first five months of the yearCompany disclosedFive months to 22 August 2026
12,570,527 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Telephone service revenue, monthCompany disclosedMonth to 22 September 2026
34,210 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Commission revenue from drivers, first six months of the yearCompany disclosedSix months to 22 September 2026
16,136,555 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Telephone service revenue, first four months of the yearCompany disclosedFour months to 22 July 2026
155,114 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 July 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Operating revenue, monthCompany disclosedMonth to 22 August 2026
3,477,617 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Other operating revenue, monthCompany disclosedMonth to 22 August 2026
228,583 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Telephone service revenue, first five months of the yearCompany disclosedFive months to 22 August 2026
193,180 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Operating revenue, monthCompany disclosedMonth to 22 September 2026
4,180,432 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Other operating revenue, monthCompany disclosedMonth to 22 September 2026
580,194 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Telephone service revenue, first six months of the yearCompany disclosedSix months to 22 September 2026
227,390 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Commission revenue from drivers, monthCompany disclosedMonth to 22 August 2026
3,210,968 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Operating revenue, first five months of the yearCompany disclosedFive months to 22 August 2026
13,800,431 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Other operating revenue, first five months of the yearCompany disclosedFive months to 22 August 2026
967,006 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 August 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Commission revenue from drivers, monthCompany disclosedMonth to 22 September 2026
3,566,028 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Operating revenue, first six months of the yearCompany disclosedSix months to 22 September 2026
17,980,863 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Other operating revenue, first six months of the yearCompany disclosedSix months to 22 September 2026
1,547,200 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report for the month to 22 September 2026, Codal filing · retrieved 2026-10-10retrieved 2026-10-10
Charitable and social responsibility budget, approvedCompany disclosedApproved at the annual general meeting of 23 June 2026
10,000,000,000 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) decisions of the annual general meeting of 23 June 2026 on the year to 20 March 2026, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operating profit, company onlyCompany disclosedYear to 20 March 2026
3,049,417 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Commission received from drivers in the month (company only, monthly activity report)Company disclosedMonth to 21 May 2026
2,292,953 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 21 May 2026 · retrieved 2026-10-08retrieved 2026-10-08
Finance costs, company onlyCompany disclosedYear to 20 March 2026
7,793,545 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operating revenue, year to date (company only, monthly activity report)Company disclosedTwo months to 21 May 2026
3,894,948 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 21 May 2026 · retrieved 2026-10-08retrieved 2026-10-08
Basic loss per share, consolidatedCompany disclosedYear to 20 March 2026
loss of 2,232 rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Trip commission revenue, company onlyCompany disclosedYear to 20 March 2026
29,807,513 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Audit committee membersCompany disclosedAt 17 November 2024
3
Tapsi (Pishgaman Fanavari va Danesh Aramis) audit committee and internal audit unit filing · retrieved 2026-10-08retrieved 2026-10-08
Operating revenue in the month (company only, monthly activity report)Company disclosedMonth to 20 March 2026
1,556,664 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) monthly activity report, month to 20 March 2026 · retrieved 2026-10-08retrieved 2026-10-08
Intangible assets, consolidatedCompany disclosedAt 20 March 2026
46,923,013 million rial
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Operational staff, company onlyCompany disclosedAt 20 March 2026
854
Tapsi (Pishgaman Fanavari va Danesh Aramis) consolidated and company financial information, year to 20 March 2026, unaudited, Codal filing · retrieved 2026-10-08retrieved 2026-10-08
Audit committee, date formedCompany disclosedFormed 22 April 2022
22 April 2022
Tapsi (Pishgaman Fanavari va Danesh Aramis) audit committee and internal audit unit filing · retrieved 2026-10-08retrieved 2026-10-08
Consolidated revenueOfficial recordFY2025-26
Consolidated operating revenue 35,489,234 million rial (about 3,549 billion toman, up 36 percent on FY2024-25) and a consolidated net loss of 5,495,331 million rial (about 550 billion toman), against a net profit of 2,436,468 million rial (about 244 billion toman) the year before. About $19.9M of revenue and a $3.1M loss at the 2025-26 filings rate of ~178,000 toman/$.
Codal, audited consolidated financial statements for the year to 1404/12/29 (20 March 2026), consolidated income statement (sheet 13) ↗ · retrieved 2026-09-15retrieved 2026-09-15
Listed statusOfficial recordCurrent
IFB ticker تپسی · close 13,450 rial (2026-07-08)
TSETMC ↗ · retrieved 2026-07-10retrieved 2026-07-10
IPOOfficial record2022-06-14
Listed 14 June 2022 at 939 toman per share; 5 percent float; market capitalisation at listing about 1,100 billion toman; sold out in under an hour.
Contemporaneous reporting of the offering (Zoomit same-day; Digiato and Techrato previews two days earlier) ↗ · retrieved 2026-08-14retrieved 2026-08-14
Controlling shareholderCompany disclosedTransaction of 4 and 5 February 2024, announced 6 February 2024
Tapsi's own announcement of 6 February 2024 states that Golrang Holding acquired a stake it describes in the headline as 70 percent for about 2.1 trillion rial, which it converts to $38 million, and that the transaction transferred 68.95 percent of Tapsi through the over-the-counter market on 4 and 5 February, following the Securities and Exchange Organisation's announcement of four share blocks.
Tapsi announcement of the Golrang acquisition ↗ · retrieved 2026-09-15retrieved 2026-09-15
Scale at the time of the 2024 acquisition, per the company's own announcementCompany disclosedAs stated in the company announcement of the February 2024 acquisition
Tapsi's own announcement of the Golrang acquisition describes Tapsi as one of the two major ride-hailing services in Iran and one of the biggest technology companies in the country, states that it serves 25 million users, and states that it facilitates hundreds of thousands of rides daily with a network of 1.5 million drivers. Both figures are the company's own description of itself in a press announcement; neither is audited and neither is dated to a measurement period. The same announcement gives the founding year as 2016 in two places and 2017 in a third, so no founding year is taken from this source.
Tapsi company blog, announcement of the acquisition via the stock market ↗ · retrieved 2026-09-15retrieved 2026-09-15
Board and its corporate members (unaudited nine-month filing)Official recordNine months to 21 December 2025, board-approved 20 January 2026
Tapsi's unaudited nine-month statements to 21 December 2025, approved by the board on 20 January 2026, list a board composed entirely of Golrang-group corporate members with named representatives, as the filing prints them: Korosh Investment Group as chairman, represented by Ali Ebrahimi Kordlar; Ofogh Korosh chain stores as vice chairman, represented by Morteza Mousakhani; Hasti E-Commerce Innovators Group as board member and managing director, represented by Seyed Mostafa Seyed Hosseini; Korosh Retail Industry Management Group, represented by Milad Jalayer; and Ofogh Korosh Trading, represented by Soheil Hajipour Moghaddam. The filing states who sits on the board and for whom; it does not state shareholdings, and none is inferred here.
Tapsi, interim financial statements for the nine months to 30 Azar 1404, cover page ↗ · retrieved 2026-09-15retrieved 2026-09-15
FY2024-25 resultsOfficial recordFY2024-25
Standalone operating revenue 23,427,164 million rial (about 2,343 billion toman) for FY2024-25, per the audited comparative in the FY2025-26 statements; consolidated 26,012,877 million rial. About 189 million trips in the year per press coverage. A press figure of 2,302 billion toman of commission revenue (Zoomit) circulated and is close to, but not the same as, the filed figure.
Codal, audited financial statements for the year to 1404/12/29, prior-year comparative column (sheet 1 standalone, sheet 13 consolidated) ↗ · retrieved 2026-09-15retrieved 2026-09-15
Nine-month results to 21 December 2025 (filing)Official recordNine months to 21 December 2025, with the comparative to 20 December 2024
Tapsi's interim statements for the nine months to 21 December 2025 report operating revenue of 23,887,773 million rial against 15,051,797 in the reclassified comparative period, cost of revenue of 22,342,581 against 8,774,119, gross profit of 1,545,192 against 6,277,678, selling and administrative expenses of 5,303,367 against 2,494,458, and finance costs of 5,515,065 against 344,946. The statement header prints all amounts in million rial.
Tapsi, interim financial statements, income statement ↗ · retrieved 2026-09-15retrieved 2026-09-15
Early profitability curveCompany disclosedFY2020-21 to FY2021-22, as the investor page prints them
Tapsi's investor-relations page prints a comparative income statement for 2021-22 against 2020-21 with the percentage change in each line: revenue up 52 percent, cost of revenue up 37 percent, gross profit up 142 percent, selling and administrative expenses up 45 percent, operating profit up 220 percent, finance costs up 25 percent, tax up 1,407 percent and net profit up 309 percent. The table prints no unit.
investors.tapsi.ir/financial ↗ · retrieved 2026-09-15retrieved 2026-09-15
FY2025-26 filingsOfficial recordFilings listed 13 June 2026
Tapsi's investor-relations page lists three filings dated 13 June 2026: the FY2025-26 board introduction, the FY2025-26 sustainability report, and unaudited nine-month statements for 2025-26. The page links to Codal for the filings themselves.
Codal, via investors.tapsi.ir ↗ · retrieved 2026-09-15retrieved 2026-09-15
Tapsi Food figures as reported by Digiato, and the sources Digiato namesThird-party reportedFY2025-26
Digiato reports that Tapsi Food recorded net merchandise value of about one hemmat (one thousand billion toman) in the year to 20 March 2026, recognised 73 billion toman of operating revenue from it, carried cost of operating revenue of about 97 billion toman for a gross loss of 24 billion toman, and reached a net loss of 462 billion toman, which it attributes to a period of investment and market development. Digiato states where these data come from: the audited financial statements of Noavaran Tejarat Electronic Hasti, together with information Tapsi Food supplied to Digiato. It also states that the figures show only part of Tapsi Food's financial performance for that year. This is Digiato's report and Tehran Index does not adopt it: the mixed sourcing means some figures rest on an audited statement and others on what the company told a publication, and the post does not say which are which.
Digiato ↗ · retrieved 2026-09-15retrieved 2026-09-15
FY2025-26 official results (standalone)Official recordto 20 March 2026
Net loss 4,478,611 million rial (about 448 billion toman, roughly $2.5M at the 2025-26 filings rate of ~178,000 toman/$) on the audited standalone statements; basic loss per share 1,819 rial, which reconciles with that loss; no dividend.
Codal, audited financial statements for the year to 1404/12/29 (20 March 2026), standalone income statement (sheet 1) ↗ · retrieved 2026-09-15retrieved 2026-09-15
Share capitalOfficial recordFY2025-26
Registered share capital 2,462,567 million rial, that is 2,462,567,000 shares of 1,000 rial (up from about 1.17 billion shares at the 2022 listing; capital raised after listing). The FY2025-26 loss per share of 1,819 rial reconciles with this full share count.
Codal, audited financial statements for the year to 1404/12/29, cover data (سرمایه ثبت شده) ↗ · retrieved 2026-09-15retrieved 2026-09-15
Noafarinan Behrad Pars audited result, as filed on CodalOfficial recordFY2025-26
The audited statements of Noafarinan Behrad Pars for the year to 20 March 2026, filed on Codal, print revenue of 5,082,744 million rial and a net loss of 989,679 million rial, about 99 billion toman. The filing header prints amounts in million rial. Noafarinan Behrad Pars is a Tapsi subsidiary; it is not asserted to be the entity carrying the Tapsi Food business, which is an open question.
Codal filing for Noafarinan Behrad Pars ↗ · retrieved 2026-09-15retrieved 2026-09-15
FY2025-26 consolidated P&L driversOfficial recordto 20 March 2026
Gross profit 9,015,699 million rial (down 22 percent) as cost of revenue rose 82 percent; operating profit 2,373,197 million rial (down 61 percent); finance costs 8,149,616 million rial, 5.8 times the 1,415,366 of FY2024-25. The swing to a loss is a financing-cost story.
Codal, audited consolidated financial statements for the year to 1404/12/29, consolidated income statement (sheet 13) ↗ · retrieved 2026-09-15retrieved 2026-09-15
Market position, as the company presented it to its own shareholdersCompany disclosedFinancial year 2024-25, as presented at the AGM of 8 June 2025
At Tapsi's annual general meeting on 8 June 2025, chief executive Mostafa Seyed Hosseini told shareholders that Tapsi's Tehran market share rose from 16 to 32 percent, that at the end of 2024-25 the company was present in 55 percent of the market by trip count and 70 percent by trip value, and that on Tapsi's own estimates the online-taxi market grew about 20 percent by trip count in 2024-25. The report records the caveat he gave with it: the share estimate is built from the company's own data together with figures the competitor published in its annual reports. The estimate is given with that caveat attached and is not presented as an independent measurement.
DMBoard, reporting Tapsi's annual general meeting ↗ · retrieved 2026-09-15retrieved 2026-09-15
The 2024 change of control, as the company announced itCompany disclosedTransaction of 4 and 5 February 2024
Tapsi's own announcement states that Golrang Holding acquired a 70 percent stake in Tapsi for approximately 2.1 trillion Iranian rial, which the announcement itself gives as 38 million dollars, that the transaction involved the transfer of a 68.95 percent share, and that it was done through the over-the-counter market on 4 and 5 February 2024 following the Securities and Exchange Organisation's announcement of a public offering of four major blocks of Tapsi shares. The announcement states both 70 percent and 68.95 percent in adjacent sentences; both are reproduced rather than choosing between them.
Tapsi company blog, announcement of the acquisition via the stock market ↗ · retrieved 2026-09-15retrieved 2026-09-15
Winter revenue, as presented to shareholdersCompany disclosedWinter 2024-25 against winter 2023-24, presented at the AGM of 8 June 2025
At the same meeting the company reported that its revenue in winter 2024-25 reached 867 billion toman against 307 billion toman in winter 2023-24, close to three times, and the chief executive argued the growth could not be attributed to inflation because trip numbers grew 2.7 times over the same period. Asked by shareholders about reports that Tapsi capitalises its marketing spend, he stated that Tapsi recognises none of its advertising and marketing costs as transferable expenditure, and that the company could be profitable quickly by doing so but had chosen a path leading to growth instead.
DMBoard, reporting Tapsi's annual general meeting ↗ · retrieved 2026-09-15retrieved 2026-09-15
Founder, as named in the company's own announcementCompany disclosedAs named in the company announcement of February 2024
Tapsi's own announcement of the February 2024 Golrang acquisition names Milad Monshipour as founder of Tapsi and quotes him on the transaction. Only the founder named by the surviving company source is given here.
Tapsi company blog, announcement of the acquisition via the stock market ↗ · retrieved 2026-09-28retrieved 2026-09-28
Chief executive, as filed with the regulatorOfficial recordBoard and managing director as filed, resolutions of 28 February 2026 and 7 March 2026
The board-composition filing lodged for Pishgaman Fanavari va Danesh Aramis, ticker TAPSI, names Seyed Mostafa Seyed Hosseini as managing director. The same filing seats him as vice-chairman of the board and records him as the one executive among the five representatives alongside Milad Jalayer. It rests on the ordinary general meeting of 28 February 2026 and the board meeting of 7 March 2026.
Codal filing, introduction or change of board members and managing director, TAPSI, held document ↗ · retrieved 2026-09-15retrieved 2026-09-15
Post-deal structureOfficial recordPost-transaction, February 2024
Tapsi's acquisition announcement of 6 February 2024 describes the transferred share as 68.95 percent. No free-float complement is asserted: the announcement does not state the remaining holding, and no shareholder filing that does has been read.
Tapsi acquisition announcement ↗ · retrieved 2026-09-15retrieved 2026-09-15
Board composition, as filed with the regulatorOfficial recordBoard as filed, resolutions of 28 February 2026 and 7 March 2026
The same filing lists five board seats, every one held by a legal entity in the Golrang group rather than by an individual, each acting through a named representative: Kourosh Investment Group as chair, represented by Morteza Musa Khani, non-executive; Hasti E-Commerce Innovators Group as vice-chair, represented by Seyed Mostafa Seyed Hosseini, executive; Ofogh Kourosh Chain Stores, represented by Naser Kalbasi, non-executive; Bazargani Ofogh Kourosh, represented by Habibeh Anahid, non-executive, who is also recorded as board secretary; and Kourosh Retail Industry Management Group, represented by Milad Jalayer, executive. The filing records two changes of representative: Musa Khani replaces Ali Ebrahimi Kordlar in the chair's seat, and Anahid replaces Soheil Hajipour Moghaddam.
Codal filing, board composition, TAPSI, held document ↗ · retrieved 2026-09-15retrieved 2026-09-15
Competitive setTI derivedCurrent
Snapp (ride-hailing, dominant share) · Alibaba.ir (intercity travel adjacency)
Tehran Index registry mapping · retrieved 2026-07-10retrieved 2026-07-10
Legal operator (company terms)Company disclosedTerms page read 15 September 2026
The passenger terms of use state that the Tapsi applications were designed by the company Pishgaman Fanavari va Danesh Aramis to facilitate passenger transport, and that the terms bind users and that company. Tapsi is the brand and the exchange ticker; the terms name that company as the operator.
Tapsi passenger terms of use (tapsi.ir/terms/passengers) ↗ · retrieved 2026-09-15retrieved 2026-09-15

Last full review: 2026-08-01 · Tehran Index research desk · corrections: desk@tehranindex.com

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Registered entity
Legal entityPishgaman Fanavari va Danesh Aramis
Entity typeoperating
StatusActive · public JSC, TSE-listed
Registered10 April 2016
Registered capital2.46 trillion IRR
Board & shareholders
Morteza MousakhaniChairman · rep. Korosh Investment Group
Seyed Mostafa Seyed HosseiniCEO & Vice Chairman · rep. Hasti E-Commerce Innovators
Milad Jalayerrep. Korosh Retail Industry Mgmt Group
Habibeh Anahidrep. Zarrin Gostar Keyhan
Naser Kalbasirep. Ofogh Korosh Chain Stores

Registered capital is the share capital recorded in the official gazette. Increases are real corporate events, but they are commonly funded from retained earnings or converted receivables and are also driven by inflation and regulatory minimums. It is not a valuation, and Tehran Index does not present it as one.

Official contact
Registered addressPlot 2, 2nd Floor, SE Unit, Baghestan St, Golestan St, Saadat Abad, Tehran, Iran
Postal code1998635820
Phone1630 (support shortcode)
Emailinfo@tapsi.cab
Instagram@tapsi_ir
Evidence & verification
Verification tierVerified, registry / official source
Primary evidencetapsi.ir
Registry identifiersWithheld for compliance

Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →

Quick facts
Tehran, Iran
Founded 2016
tapsi.ir/LinkedIn
Company dossier

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