Tanfac Industries Ltd.

•

tanfac.comBSE: -NSE: TANFACIND

Market Cap₹ 7,168 Cr.

Current Price

High / Low₹ 14 / 13

Stock P/E106.0

Book Value₹ 302

Price to Book9.27

Dividend Yield0.07 %

ROCE42.3 %

ROE32.5 %

Face Value₹ 5

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Chemicals

Hold

The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.

Confidence

55%

View full sector analysis →

PROS

Company has delivered good profit growth of 39.0% CAGR over last 5 years
Company has a healthy return on capital (ROCE) of 42.0%
Company has a good return on equity (ROE) track record: 3 Years ROE 31.0%
Company has delivered good sales growth of 27.6% CAGR over last 5 years
Working capital cycle has improved - days down from 131 to 91
Company comfortably covers its interest (25.8x coverage)

CONS

Recent results are weak - TTM profit is down 29.7% versus prior year
Promoter holding has decreased over last 2 years: -3.1pp
Receivables are growing faster than sales - a possible quality concern
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.56x)
Stock is trading at 9.3x its book value

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ChemicalsChemicalsChemicals

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	SOLARINDS	22307.50	101.37	201860.69	0.05	666.37	88.98	3668.20	70.26	38.16	27.91
2.	PIDILITIND	1567.45	60.23	159547.55	1.37	8835.10	1202.86	45515.50	1112.74	32.38	26.28
3.	SRF	2483.00	34.05	73602.28	0.36	758.87	75.53	5033.26	34.63	14.21	24.57
4.	FLUOROCHEM	4771.75	85.23	52417.67	0.06	219.00	19.02	1588.00	23.97	9.58	26.83
5.	NAVINFLUOR	8541.10	55.49	43822.77	0.18	243.31	107.67	1045.08	44.07	21.39	34.17
6.	GODREJIND	1127.00	32.29	37963.11	0.00	523.36	-27.85	5448.09	22.16	10.64	12.82
7.	AETHER	1672.95	94.41	22204.70	0.00	62.75	33.45	326.56	27.49	11.65	31.47
8.	DEEPAKNTR	1587.10	27.64	21646.94	0.47	345.01	207.36	2577.60	36.39	11.58	20.96
9.	ATUL	6244.55	23.11	18385.05	0.48	253.93	91.85	1847.95	25.03	15.05	21.41
10.	AARTIIND	492.15	33.62	17851.59	0.20	155.00	260.47	2387.00	42.42	6.95	16.00
11.	DEEPAKFERT	1320.45	17.00	16725.20	0.76	490.04	100.95	3256.26	22.47	12.12	25.96
12.	TANFACIND	3379.55	105.97	7167.66	0.07	16.85	-12.92	187.18	6.35	42.32	15.27

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	106	81	88	103	95	112	178	172	176	169	173	193	187
	82	66	73	86	80	84	128	136	147	142	147	163	164
Operating Profit	24	16	15	16	16	27	50	36	29	27	26	30	23
OPM %	22.73%	19.21%	16.62%	15.90%	16.40%	24.36%	28.24%	20.80%	16.45%	15.93%	14.93%	15.71%	12.24%
	3	2	1	2	1	1	0	1	1	1	0	1	1
Interest	0	0	0	0	0	0	1	1	1	1	1	1	1
Depreciation	2	2	2	2	2	2	3	4	4	4	5	5	5
Profit before Tax	25	15	14	16	15	26	46	31	25	23	20	25	24
Tax %	25.70%	25.72%	26.05%	22.79%	25.43%	25.62%	25.11%	27.12%	21.50%	24.22%	23.36%	27.84%	29.07%
Net Profit	18	11	10	13	11	19	35	23	19	17	16	18	17
	18.44	11.40	10.10	12.70	11.32	19.36	34.89	11.40	19.40	17.22	15.61	9.04	8.43

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	133	126	162	222	165	148	320	375	378	557	722
	125	112	141	169	138	115	244	299	306	426	616
Operating Profit	9	14	21	53	27	33	76	76	72	131	106
OPM %	6.57%	11.46%	12.97%	23.70%	16.26%	22.50%	23.79%	20.30%	19.00%	23.53%	14.68%
	4	1	0	1	1	1	3	8	7	3	2
Interest	8	7	7	4	2	1	2	2	2	5	4
Depreciation	5	5	5	8	5	8	6	6	7	10	18
Profit before Tax	0	3	10	42	22	25	72	75	70	119	92
Tax %	-6.90%	0.00%	1.20%	13.61%	21.50%	30.27%	25.94%	25.62%	25.09%	25.78%	26.27%
Net Profit	0	3	10	36	17	17	53	56	52	88	68
EPS	0.40	3.30	9.70	36.06	17.02	17.52	53.42	56.27	52.61	88.37	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	16.85%	11.55%	13.30%	10.18%	—

COMPOUNDED SALES GROWTH

10 Years:: 17%
5 Years:: 28%
3 Years:: 20%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: 39%
3 Years:: 18%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: -11%
1 Year:: 112%

RETURN ON EQUITY

10 Years:: 64%
5 Years:: 33%
3 Years:: 31%
Last Year:: 33%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	10	10	10	10	10	10	10	10	10	10
	-10	-7	3	38	55	73	124	174	220	302
	56	54	43	12	0	0	0	0	0	41
Trade Payables	21	11	17	26	11	26	35	46	45	39
	14	9	16	22	13	22	25	41	43	64
Total Liabilities	92	78	88	107	89	131	193	272	319	457
	49	45	41	34	33	40	40	55	61	168
Capital Work in Progress	0	0	0	1	6	3	12	6	29	8
	0	1	1	1	1	23	42	67	67	9
	18	11	17	30	17	25	42	53	59	90
	0	0	0	0	0	0	0	0	61	99
Cash & Bank	0	0	0	1	0	6	13	13	9	38
	24	21	29	40	32	34	44	78	34	45
Total Assets	92	78	88	107	89	131	193	272	319	457

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	16	15	15	44	27	40	63	60	34	33
Cash from Investing	-1	-1	-1	-3	-9	-34	-35	-40	-30	-42
Cash from Financing	-15	-15	-17	-34	-12	-1	-5	-6	-7	32
	-0	0	-0	0	-0	2	5	-3	-3	23

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	51.81	51.81	51.81	51.81	51.81	51.81	51.81	51.81	48.73
	0.00	0.00	0.00	0.14	0.08	0.12	0.10	0.03	1.53
	0.19	0.39	0.39	0.42	0.39	0.42	0.39	0.33	4.16
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	48.00	47.80	47.80	47.62	47.72	47.65	47.70	47.83	45.58

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for TANFACIND

Loading news…

🤖

AI Stock Analyst

Tanfac Industries Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account