Tata Chemicals Ltd.
•2026-08-21
PROS
- Company has a consistent dividend-paying track record
- Working capital cycle has improved - days down from 13 to 11
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- Recent results are weak - TTM profit is down 729.0% versus prior year
- Company has a low return on equity of -1.4% over last 3 years
- Company has a low return on capital employed of 2.0%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -6.63x)
- Interest coverage is weak at -1.5x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SOLARINDS | 19800.00 | 89.97 | 179170.31 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1650.00 | 63.40 | 167935.41 | 1.30 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2575.00 | 35.31 | 76329.39 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4679.55 | 83.59 | 51404.86 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8281.50 | 53.80 | 42484.11 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1217.10 | 34.87 | 40998.14 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1767.85 | 30.78 | 24112.24 | 0.42 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1639.40 | 92.52 | 21759.40 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6581.75 | 24.36 | 19377.83 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 526.90 | 35.99 | 19112.07 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1474.65 | 18.98 | 18678.34 | 0.68 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | TATACHEM | 636.50 | 0.00 | 16215.24 | 1.73 | 60.00 | -81.01 | 4255.00 | 14.41 | -3.09 | 12.64 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,218 | 3,998 | 3,730 | 3,475 | 3,789 | 3,999 | 3,590 | 3,509 | 3,719 | 3,877 | 3,550 | 3,438 | 4,255 | |
| 3,175 | 3,179 | 3,188 | 3,032 | 3,215 | 3,381 | 3,156 | 3,182 | 3,070 | 3,340 | 3,205 | 3,164 | 4,184 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 49 | 85 | 38 | 114 | 47 | 108 | 28 | 42 | 96 | 138 | 38 | 44 | 56 |
| Interest | 123 | 145 | 132 | 130 | 133 | 145 | 148 | 137 | 147 | 144 | 146 | 153 | 148 |
| Depreciation | 229 | 234 | 246 | 271 | 273 | 277 | 280 | 293 | 280 | 285 | 293 | 343 | 336 |
| 740 | 627 | 202 | -807 | 215 | 304 | -36 | -116 | 318 | 181 | -110 | -2,015 | 110 | |
| Tax % | 23.11% | 19.14% | 33.66% | -2.73% | 43.72% | 26.64% | -47.22% | 21.55% | 13.84% | 45.30% | 3.64% | -6.65% | 45.45% |
| Net Profit | 0 | 0 | 0 | 0 | 1,900 | 267 | -210 | -490 | 316 | 1,540 | -69 | -2,116 | 60 |
| 21 | 17 | 6 | -32 | 5 | 8 | -2 | -3 | 10 | 3 | -4 | -84 | -0 | |
| Equity Capital | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 4,218
- 3,175
- Operating Profit
- —
- OPM %
- —
- Other Income
- 49
- Interest
- 123
- Depreciation
- 229
- 740
- Tax %
- 23.11%
- Net Profit
- 0
- 21
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,998
- 3,179
- Operating Profit
- —
- OPM %
- —
- Other Income
- 85
- Interest
- 145
- Depreciation
- 234
- 627
- Tax %
- 19.14%
- Net Profit
- 0
- 17
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,730
- 3,188
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 132
- Depreciation
- 246
- 202
- Tax %
- 33.66%
- Net Profit
- 0
- 6
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,475
- 3,032
- Operating Profit
- —
- OPM %
- —
- Other Income
- 114
- Interest
- 130
- Depreciation
- 271
- -807
- Tax %
- -2.73%
- Net Profit
- 0
- -32
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,789
- 3,215
- Operating Profit
- —
- OPM %
- —
- Other Income
- 47
- Interest
- 133
- Depreciation
- 273
- 215
- Tax %
- 43.72%
- Net Profit
- 1,900
- 5
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,999
- 3,381
- Operating Profit
- —
- OPM %
- —
- Other Income
- 108
- Interest
- 145
- Depreciation
- 277
- 304
- Tax %
- 26.64%
- Net Profit
- 267
- 8
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,590
- 3,156
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 148
- Depreciation
- 280
- -36
- Tax %
- -47.22%
- Net Profit
- -210
- -2
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,509
- 3,182
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 137
- Depreciation
- 293
- -116
- Tax %
- 21.55%
- Net Profit
- -490
- -3
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,719
- 3,070
- Operating Profit
- —
- OPM %
- —
- Other Income
- 96
- Interest
- 147
- Depreciation
- 280
- 318
- Tax %
- 13.84%
- Net Profit
- 316
- 10
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,877
- 3,340
- Operating Profit
- —
- OPM %
- —
- Other Income
- 138
- Interest
- 144
- Depreciation
- 285
- 181
- Tax %
- 45.30%
- Net Profit
- 1,540
- 3
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,550
- 3,205
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 146
- Depreciation
- 293
- -110
- Tax %
- 3.64%
- Net Profit
- -69
- -4
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 3,438
- 3,164
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 153
- Depreciation
- 343
- -2,015
- Tax %
- -6.65%
- Net Profit
- -2,116
- -84
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 4,255
- 4,184
- Operating Profit
- —
- OPM %
- —
- Other Income
- 56
- Interest
- 148
- Depreciation
- 336
- 110
- Tax %
- 45.45%
- Net Profit
- 60
- -0
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,346 | 10,270 | 10,337 | 10,357 | 10,200 | 12,622 | 16,789 | 15,421 | 14,887 | 14,584 | 15,120 | |
| 8,252 | 8,083 | 8,556 | 8,408 | 8,699 | 10,321 | 12,967 | 12,574 | 12,934 | 12,779 | 13,893 | |
| Operating Profit | 2,390 | 2,368 | 2,207 | 2,260 | 1,735 | 2,561 | 4,040 | 3,133 | 2,178 | 2,121 | — |
| OPM % | 23 | 23 | 21 | 22 | 17 | 20 | 24 | 20 | 15 | 15 | — |
| Other Income | 296 | 182 | 427 | 311 | 235 | 260 | 218 | 286 | 225 | 316 | 276 |
| Interest | 427 | 344 | 371 | 342 | 368 | 303 | 406 | 530 | 563 | 590 | 591 |
| Depreciation | 512 | 518 | 568 | 666 | 759 | 806 | 892 | 980 | 1,123 | 1,201 | 1,257 |
| 1,467 | 1,620 | 1,437 | 1,248 | 634 | 1,667 | 2,740 | 830 | 521 | -1,459 | -1,834 | |
| Tax % | 24 | 4 | 19 | 18 | 31 | 16 | 11 | 46 | 32 | -18 | -14 |
| Net Profit | 1,121 | 1,560 | 1,163 | 1,028 | 436 | 1,400 | 2,452 | 449 | 354 | -1,715 | -2,096 |
| EPS | 39 | 96 | 45 | 275 | 10 | 49 | 91 | 11 | 9 | -74 | — |
| Dividend Payout % | 28 | 23 | 28 | 4 | 99 | 25 | 19 | 143 | 119 | -15 | — |
| Minority Interest | -241 | -269 | -231 | -222 | -180 | -147 | -117 | -167 | -152 | -181 | 73 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 108 |
| Adjusted EPS | 39 | 96 | 45 | 275 | 10 | 49 | 91 | 11 | 9 | -74 | — |
| Minority Interest | -241 | -269 | -231 | -222 | -180 | -147 | -117 | -167 | -152 | -181 | 73 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 108 |
| Adjusted EPS | 39 | 96 | 45 | 275 | 10 | 49 | 91 | 11 | 9 | -74 | — |
- 10,346
- 8,252
- Operating Profit
- 2,390
- OPM %
- 23
- Other Income
- 296
- Interest
- 427
- Depreciation
- 512
- 1,467
- Tax %
- 24
- Net Profit
- 1,121
- EPS
- 39
- Dividend Payout %
- 28
- Minority Interest
- -241
- Share of Associates
- 0
- Adjusted EPS
- 39
- Minority Interest
- -241
- Share of Associates
- 0
- Adjusted EPS
- 39
- 10,270
- 8,083
- Operating Profit
- 2,368
- OPM %
- 23
- Other Income
- 182
- Interest
- 344
- Depreciation
- 518
- 1,620
- Tax %
- 4
- Net Profit
- 1,560
- EPS
- 96
- Dividend Payout %
- 23
- Minority Interest
- -269
- Share of Associates
- 0
- Adjusted EPS
- 96
- Minority Interest
- -269
- Share of Associates
- 0
- Adjusted EPS
- 96
- 10,337
- 8,556
- Operating Profit
- 2,207
- OPM %
- 21
- Other Income
- 427
- Interest
- 371
- Depreciation
- 568
- 1,437
- Tax %
- 19
- Net Profit
- 1,163
- EPS
- 45
- Dividend Payout %
- 28
- Minority Interest
- -231
- Share of Associates
- 0
- Adjusted EPS
- 45
- Minority Interest
- -231
- Share of Associates
- 0
- Adjusted EPS
- 45
- 10,357
- 8,408
- Operating Profit
- 2,260
- OPM %
- 22
- Other Income
- 311
- Interest
- 342
- Depreciation
- 666
- 1,248
- Tax %
- 18
- Net Profit
- 1,028
- EPS
- 275
- Dividend Payout %
- 4
- Minority Interest
- -222
- Share of Associates
- 0
- Adjusted EPS
- 275
- Minority Interest
- -222
- Share of Associates
- 0
- Adjusted EPS
- 275
- 10,200
- 8,699
- Operating Profit
- 1,735
- OPM %
- 17
- Other Income
- 235
- Interest
- 368
- Depreciation
- 759
- 634
- Tax %
- 31
- Net Profit
- 436
- EPS
- 10
- Dividend Payout %
- 99
- Minority Interest
- -180
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -180
- Share of Associates
- 0
- Adjusted EPS
- 10
- 12,622
- 10,321
- Operating Profit
- 2,561
- OPM %
- 20
- Other Income
- 260
- Interest
- 303
- Depreciation
- 806
- 1,667
- Tax %
- 16
- Net Profit
- 1,400
- EPS
- 49
- Dividend Payout %
- 25
- Minority Interest
- -147
- Share of Associates
- 0
- Adjusted EPS
- 49
- Minority Interest
- -147
- Share of Associates
- 0
- Adjusted EPS
- 49
- 16,789
- 12,967
- Operating Profit
- 4,040
- OPM %
- 24
- Other Income
- 218
- Interest
- 406
- Depreciation
- 892
- 2,740
- Tax %
- 11
- Net Profit
- 2,452
- EPS
- 91
- Dividend Payout %
- 19
- Minority Interest
- -117
- Share of Associates
- 0
- Adjusted EPS
- 91
- Minority Interest
- -117
- Share of Associates
- 0
- Adjusted EPS
- 91
- 15,421
- 12,574
- Operating Profit
- 3,133
- OPM %
- 20
- Other Income
- 286
- Interest
- 530
- Depreciation
- 980
- 830
- Tax %
- 46
- Net Profit
- 449
- EPS
- 11
- Dividend Payout %
- 143
- Minority Interest
- -167
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- -167
- Share of Associates
- 0
- Adjusted EPS
- 11
- 14,887
- 12,934
- Operating Profit
- 2,178
- OPM %
- 15
- Other Income
- 225
- Interest
- 563
- Depreciation
- 1,123
- 521
- Tax %
- 32
- Net Profit
- 354
- EPS
- 9
- Dividend Payout %
- 119
- Minority Interest
- -152
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- -152
- Share of Associates
- 0
- Adjusted EPS
- 9
- 14,584
- 12,779
- Operating Profit
- 2,121
- OPM %
- 15
- Other Income
- 316
- Interest
- 590
- Depreciation
- 1,201
- -1,459
- Tax %
- -18
- Net Profit
- -1,715
- EPS
- -74
- Dividend Payout %
- -15
- Minority Interest
- -181
- Share of Associates
- 0
- Adjusted EPS
- -74
- Minority Interest
- -181
- Share of Associates
- 0
- Adjusted EPS
- -74
- 15,120
- 13,893
- Operating Profit
- —
- OPM %
- —
- Other Income
- 276
- Interest
- 591
- Depreciation
- 1,257
- -1,834
- Tax %
- -14
- Net Profit
- -2,096
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 73
- Share of Associates
- 108
- Adjusted EPS
- —
- Minority Interest
- 73
- Share of Associates
- 108
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 0%
- 5 Years:
- 7%
- 3 Years:
- -5%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 11%
- 5 Years:
- -5%
- 3 Years:
- -14%
- 1 Year:
- -33%
RETURN ON EQUITY
- 10 Years:
- 7%
- 5 Years:
- 3%
- 3 Years:
- -1%
- Last Year:
- -8%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 | 255 |
| 7,653 | 10,847 | 12,086 | 12,643 | 14,035 | 17,998 | 19,466 | 21,986 | 21,339 | 20,951 | |
| 721 | 140 | 352 | 1,913 | 268 | 1,341 | 317 | 88 | 1,786 | 1,502 | |
| Trade Payables | 1,318 | 1,479 | 1,475 | 1,631 | 1,683 | 2,445 | 2,597 | 2,369 | 2,510 | 2,552 |
| 13,639 | 13,137 | 12,700 | 11,232 | 12,096 | 11,804 | 12,305 | 12,013 | 11,860 | 13,738 | |
| Total Liabilities | 23,587 | 25,858 | 26,869 | 27,673 | 28,337 | 33,843 | 34,940 | 36,711 | 37,750 | 38,998 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 12,638 | 12,759 | 13,524 | 15,334 | 15,206 | 15,990 | 17,040 | 17,809 | 19,550 | 20,572 | |
| Capital Work in Progress | 303 | 374 | 736 | 788 | 1,035 | 1,590 | 2,351 | 2,165 | 1,879 | 1,014 |
| 2,787 | 2,840 | 5,615 | 4,285 | 5,816 | 7,683 | 7,448 | 9,739 | 9,144 | 9,886 | |
| 1,386 | 1,462 | 1,726 | 1,869 | 1,687 | 2,294 | 2,532 | 2,524 | 2,558 | 3,082 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,900 | 1,900 | 2,088 | |
| Cash & Bank | 1,665 | 4,483 | 1,952 | 2,080 | 1,411 | 1,311 | 665 | 645 | 615 | 442 |
| 4,807 | 3,940 | 3,316 | 3,318 | 3,183 | 4,975 | 4,904 | 1,929 | 2,104 | 1,914 | |
| Total Assets | 23,587 | 25,858 | 26,869 | 27,673 | 28,337 | 33,843 | 34,940 | 36,711 | 37,750 | 38,998 |
| Total Debt | 7,072 | 6,108 | 6,130 | 7,514 | 6,652 | 6,802 | 6,083 | 5,064 | 6,304 | 7,114 |
| Net Working Capital | 742 | 4,788 | 4,150 | 770 | 2,178 | 1,645 | 3,256 | 303 | 581 | 460 |
| Contingent Liabilities | 677 | 949 | 936 | 969 | 1,749 | 1,740 | 1,826 | 1,844 | 1,189 | 1,099 |
| Book Value per Share | 310.42 | 435.77 | 484.42 | 506.26 | 560.92 | 715.80 | 773.37 | 872.20 | 846.82 | 831.61 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 7,072 | 6,108 | 6,130 | 7,514 | 6,652 | 6,802 | 6,083 | 5,064 | 6,304 | 7,114 |
| Net Working Capital | 742 | 4,788 | 4,150 | 770 | 2,178 | 1,645 | 3,256 | 303 | 581 | 460 |
| Contingent Liabilities | 677 | 949 | 936 | 969 | 1,749 | 1,740 | 1,826 | 1,844 | 1,189 | 1,099 |
| Book Value per Share | 310.42 | 435.77 | 484.42 | 506.26 | 560.92 | 715.80 | 773.37 | 872.20 | 846.82 | 831.61 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
- Equity Capital
- 255
- 7,653
- 721
- Trade Payables
- 1,318
- 13,639
- Total Liabilities
- 23,587
- 12,638
- Capital Work in Progress
- 303
- 2,787
- 1,386
- 0
- Cash & Bank
- 1,665
- 4,807
- Total Assets
- 23,587
- Total Debt
- 7,072
- Net Working Capital
- 742
- Contingent Liabilities
- 677
- Book Value per Share
- 310.42
- Face Value
- 10.00
- Total Debt
- 7,072
- Net Working Capital
- 742
- Contingent Liabilities
- 677
- Book Value per Share
- 310.42
- Face Value
- 10.00
- Equity Capital
- 255
- 10,847
- 140
- Trade Payables
- 1,479
- 13,137
- Total Liabilities
- 25,858
- 12,759
- Capital Work in Progress
- 374
- 2,840
- 1,462
- 0
- Cash & Bank
- 4,483
- 3,940
- Total Assets
- 25,858
- Total Debt
- 6,108
- Net Working Capital
- 4,788
- Contingent Liabilities
- 949
- Book Value per Share
- 435.77
- Face Value
- 10.00
- Total Debt
- 6,108
- Net Working Capital
- 4,788
- Contingent Liabilities
- 949
- Book Value per Share
- 435.77
- Face Value
- 10.00
- Equity Capital
- 255
- 12,086
- 352
- Trade Payables
- 1,475
- 12,700
- Total Liabilities
- 26,869
- 13,524
- Capital Work in Progress
- 736
- 5,615
- 1,726
- 0
- Cash & Bank
- 1,952
- 3,316
- Total Assets
- 26,869
- Total Debt
- 6,130
- Net Working Capital
- 4,150
- Contingent Liabilities
- 936
- Book Value per Share
- 484.42
- Face Value
- 10.00
- Total Debt
- 6,130
- Net Working Capital
- 4,150
- Contingent Liabilities
- 936
- Book Value per Share
- 484.42
- Face Value
- 10.00
- Equity Capital
- 255
- 12,643
- 1,913
- Trade Payables
- 1,631
- 11,232
- Total Liabilities
- 27,673
- 15,334
- Capital Work in Progress
- 788
- 4,285
- 1,869
- 0
- Cash & Bank
- 2,080
- 3,318
- Total Assets
- 27,673
- Total Debt
- 7,514
- Net Working Capital
- 770
- Contingent Liabilities
- 969
- Book Value per Share
- 506.26
- Face Value
- 10.00
- Total Debt
- 7,514
- Net Working Capital
- 770
- Contingent Liabilities
- 969
- Book Value per Share
- 506.26
- Face Value
- 10.00
- Equity Capital
- 255
- 14,035
- 268
- Trade Payables
- 1,683
- 12,096
- Total Liabilities
- 28,337
- 15,206
- Capital Work in Progress
- 1,035
- 5,816
- 1,687
- 0
- Cash & Bank
- 1,411
- 3,183
- Total Assets
- 28,337
- Total Debt
- 6,652
- Net Working Capital
- 2,178
- Contingent Liabilities
- 1,749
- Book Value per Share
- 560.92
- Face Value
- 10.00
- Total Debt
- 6,652
- Net Working Capital
- 2,178
- Contingent Liabilities
- 1,749
- Book Value per Share
- 560.92
- Face Value
- 10.00
- Equity Capital
- 255
- 17,998
- 1,341
- Trade Payables
- 2,445
- 11,804
- Total Liabilities
- 33,843
- 15,990
- Capital Work in Progress
- 1,590
- 7,683
- 2,294
- 0
- Cash & Bank
- 1,311
- 4,975
- Total Assets
- 33,843
- Total Debt
- 6,802
- Net Working Capital
- 1,645
- Contingent Liabilities
- 1,740
- Book Value per Share
- 715.80
- Face Value
- 10.00
- Total Debt
- 6,802
- Net Working Capital
- 1,645
- Contingent Liabilities
- 1,740
- Book Value per Share
- 715.80
- Face Value
- 10.00
- Equity Capital
- 255
- 19,466
- 317
- Trade Payables
- 2,597
- 12,305
- Total Liabilities
- 34,940
- 17,040
- Capital Work in Progress
- 2,351
- 7,448
- 2,532
- 0
- Cash & Bank
- 665
- 4,904
- Total Assets
- 34,940
- Total Debt
- 6,083
- Net Working Capital
- 3,256
- Contingent Liabilities
- 1,826
- Book Value per Share
- 773.37
- Face Value
- 10.00
- Total Debt
- 6,083
- Net Working Capital
- 3,256
- Contingent Liabilities
- 1,826
- Book Value per Share
- 773.37
- Face Value
- 10.00
- Equity Capital
- 255
- 21,986
- 88
- Trade Payables
- 2,369
- 12,013
- Total Liabilities
- 36,711
- 17,809
- Capital Work in Progress
- 2,165
- 9,739
- 2,524
- 1,900
- Cash & Bank
- 645
- 1,929
- Total Assets
- 36,711
- Total Debt
- 5,064
- Net Working Capital
- 303
- Contingent Liabilities
- 1,844
- Book Value per Share
- 872.20
- Face Value
- 10.00
- Total Debt
- 5,064
- Net Working Capital
- 303
- Contingent Liabilities
- 1,844
- Book Value per Share
- 872.20
- Face Value
- 10.00
- Equity Capital
- 255
- 21,339
- 1,786
- Trade Payables
- 2,510
- 11,860
- Total Liabilities
- 37,750
- 19,550
- Capital Work in Progress
- 1,879
- 9,144
- 2,558
- 1,900
- Cash & Bank
- 615
- 2,104
- Total Assets
- 37,750
- Total Debt
- 6,304
- Net Working Capital
- 581
- Contingent Liabilities
- 1,189
- Book Value per Share
- 846.82
- Face Value
- 10.00
- Total Debt
- 6,304
- Net Working Capital
- 581
- Contingent Liabilities
- 1,189
- Book Value per Share
- 846.82
- Face Value
- 10.00
- Equity Capital
- 255
- 20,951
- 1,502
- Trade Payables
- 2,552
- 13,738
- Total Liabilities
- 38,998
- 20,572
- Capital Work in Progress
- 1,014
- 9,886
- 3,082
- 2,088
- Cash & Bank
- 442
- 1,914
- Total Assets
- 38,998
- Total Debt
- 7,114
- Net Working Capital
- 460
- Contingent Liabilities
- 1,099
- Book Value per Share
- 831.61
- Face Value
- 10.00
- Total Debt
- 7,114
- Net Working Capital
- 460
- Contingent Liabilities
- 1,099
- Book Value per Share
- 831.61
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3,531 | 1,870 | 1,581 | 1,780 | 2,037 | 1,645 | 2,971 | 3,016 | 1,761 | 1,269 | |
| Cash from Investing | -982 | 2,707 | -1,958 | -2,368 | -1,130 | -836 | -1,186 | -610 | -1,681 | -809 |
| Cash from Financing | -2,341 | -2,089 | -1,712 | -129 | -1,456 | -755 | -2,076 | -2,494 | 29 | -670 |
| 207 | 2,488 | -2,089 | -717 | -549 | 54 | -291 | -88 | 109 | -210 | |
| Free Cash Flow | 3,531 | 1,189 | -127 | -851 | 1,330 | -394 | 352 | 831 | -802 | -594 |
| OCF / Net Profit | 3.15 | 1.20 | 1.36 | 1.73 | 4.67 | 1.18 | 1.21 | 6.72 | 4.97 | -0.74 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 5,072 | 1,147 | 310 | 1,268 | 1,317 | -607 |
| OCF / Net Profit | 3.15 | 1.20 | 1.36 | 1.73 | 4.67 | 1.18 | 1.21 | 6.72 | 4.97 | -0.74 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 5,072 | 1,147 | 310 | 1,268 | 1,317 | -607 |
- 3,531
- Cash from Investing
- -982
- Cash from Financing
- -2,341
- 207
- Free Cash Flow
- 3,531
- OCF / Net Profit
- 3.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.15
- Cumulative 5-Year FCF
- 0
- 1,870
- Cash from Investing
- 2,707
- Cash from Financing
- -2,089
- 2,488
- Free Cash Flow
- 1,189
- OCF / Net Profit
- 1.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.20
- Cumulative 5-Year FCF
- 0
- 1,581
- Cash from Investing
- -1,958
- Cash from Financing
- -1,712
- -2,089
- Free Cash Flow
- -127
- OCF / Net Profit
- 1.36
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.36
- Cumulative 5-Year FCF
- 0
- 1,780
- Cash from Investing
- -2,368
- Cash from Financing
- -129
- -717
- Free Cash Flow
- -851
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 0
- 2,037
- Cash from Investing
- -1,130
- Cash from Financing
- -1,456
- -549
- Free Cash Flow
- 1,330
- OCF / Net Profit
- 4.67
- Cumulative 5-Year FCF
- 5,072
- OCF / Net Profit
- 4.67
- Cumulative 5-Year FCF
- 5,072
- 1,645
- Cash from Investing
- -836
- Cash from Financing
- -755
- 54
- Free Cash Flow
- -394
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- 1,147
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- 1,147
- 2,971
- Cash from Investing
- -1,186
- Cash from Financing
- -2,076
- -291
- Free Cash Flow
- 352
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 310
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 310
- 3,016
- Cash from Investing
- -610
- Cash from Financing
- -2,494
- -88
- Free Cash Flow
- 831
- OCF / Net Profit
- 6.72
- Cumulative 5-Year FCF
- 1,268
- OCF / Net Profit
- 6.72
- Cumulative 5-Year FCF
- 1,268
- 1,761
- Cash from Investing
- -1,681
- Cash from Financing
- 29
- 109
- Free Cash Flow
- -802
- OCF / Net Profit
- 4.97
- Cumulative 5-Year FCF
- 1,317
- OCF / Net Profit
- 4.97
- Cumulative 5-Year FCF
- 1,317
- 1,269
- Cash from Investing
- -809
- Cash from Financing
- -670
- -210
- Free Cash Flow
- -594
- OCF / Net Profit
- -0.74
- Cumulative 5-Year FCF
- -607
- OCF / Net Profit
- -0.74
- Cumulative 5-Year FCF
- -607
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 38.98 | 95.50 | 45.37 | 275.02 | 10.06 | 49.33 | 90.86 | 10.51 | 9.22 | -74.35 |
| Book Value (₹) | 310.42 | 435.77 | 484.42 | 506.26 | 560.92 | 715.80 | 773.37 | 872.20 | 846.82 | 831.61 |
| Dividend per Share (₹) | 11.00 | 22.00 | 12.50 | 11.00 | 10.00 | 12.50 | 17.50 | 15.00 | 11.00 | 11.00 |
| Cash EPS (₹) | 64.09 | 81.57 | 67.96 | 66.53 | 46.93 | 86.51 | 131.14 | 56.04 | 57.92 | -20.16 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 22.38% | 22.89% | 20.97% | 20.37% | 15.73% | 19.17% | 22.85% | 17.31% | 12.26% | 11.50% |
| Net Margin % | 10.49% | 15.08% | 11.05% | 9.27% | 3.95% | 10.48% | 13.87% | 2.73% | 2.22% | -10.93% |
| ROE % | 15.18% | 16.41% | 9.92% | 8.15% | 3.21% | 8.60% | 12.91% | 2.14% | 1.62% | -8.01% |
| ROCE % | 12.25% | 12.20% | 10.13% | 8.18% | 4.84% | 8.57% | 12.37% | 5.12% | 3.93% | -3.09% |
| 4.68% | 6.31% | 4.41% | 3.77% | 1.56% | 4.50% | 7.13% | 1.25% | 0.95% | -4.47% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 97 | 60 | 48 | 50 | 49 | 45 | 47 | 50 | 44 | 46 |
| Inventory Days | 57 | 50 | 55 | 59 | 59 | 54 | 50 | 56 | 58 | 66 |
| Payable Days | 258 | 291 | 269 | 288 | 252 | 286 | 268 | 301 | 273 | 250 |
| -105 | -181 | -166 | -179 | -144 | -186 | -172 | -195 | -172 | -138 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.89x | 0.55x | 0.50x | 0.58x | 0.47x | 0.37x | 0.31x | 0.23x | 0.29x | 0.34x |
| Interest Coverage (x) | 4.44x | 5.71x | 4.88x | 4.65x | 2.72x | 6.50x | 7.75x | 2.57x | 1.93x | -1.47x |
| 1.15x | 2.52x | 2.05x | 1.11x | 1.49x | 1.23x | 1.66x | 1.05x | 1.09x | 1.07x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -30.44% | -0.74% | 0.65% | -19.16% | -1.52% | 23.75% | 33.01% | -8.15% | -3.46% | -2.04% |
| Operating Profit Growth % | 7.80% | -0.90% | -6.82% | -9.70% | -23.22% | 47.57% | 57.75% | -22.45% | -30.48% | -2.62% |
| Net Profit Growth % | 20.25% | 39.21% | -25.46% | -20.13% | -57.58% | 240.96% | 75.14% | -81.69% | -21.16% | -584.46% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -88.43% | -12.31% | -906.81% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 102.82x | 93.87x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.24x | 1.02x | 0.70x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.39% | 1.27% | 1.89% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.21x | 12.74x | 10.16x |
- EPS (₹)
- 38.98
- Book Value (₹)
- 310.42
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 64.09
- Operating Margin %
- 22.38%
- Net Margin %
- 10.49%
- ROE %
- 15.18%
- ROCE %
- 12.25%
- 4.68%
- Debtor Days
- 97
- Inventory Days
- 57
- Payable Days
- 258
- -105
- Debt to Equity (x)
- 0.89x
- Interest Coverage (x)
- 4.44x
- 1.15x
- Revenue Growth %
- -30.44%
- Operating Profit Growth %
- 7.80%
- Net Profit Growth %
- 20.25%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 95.50
- Book Value (₹)
- 435.77
- Dividend per Share (₹)
- 22.00
- Cash EPS (₹)
- 81.57
- Operating Margin %
- 22.89%
- Net Margin %
- 15.08%
- ROE %
- 16.41%
- ROCE %
- 12.20%
- 6.31%
- Debtor Days
- 60
- Inventory Days
- 50
- Payable Days
- 291
- -181
- Debt to Equity (x)
- 0.55x
- Interest Coverage (x)
- 5.71x
- 2.52x
- Revenue Growth %
- -0.74%
- Operating Profit Growth %
- -0.90%
- Net Profit Growth %
- 39.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 45.37
- Book Value (₹)
- 484.42
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 67.96
- Operating Margin %
- 20.97%
- Net Margin %
- 11.05%
- ROE %
- 9.92%
- ROCE %
- 10.13%
- 4.41%
- Debtor Days
- 48
- Inventory Days
- 55
- Payable Days
- 269
- -166
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 4.88x
- 2.05x
- Revenue Growth %
- 0.65%
- Operating Profit Growth %
- -6.82%
- Net Profit Growth %
- -25.46%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 275.02
- Book Value (₹)
- 506.26
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 66.53
- Operating Margin %
- 20.37%
- Net Margin %
- 9.27%
- ROE %
- 8.15%
- ROCE %
- 8.18%
- 3.77%
- Debtor Days
- 50
- Inventory Days
- 59
- Payable Days
- 288
- -179
- Debt to Equity (x)
- 0.58x
- Interest Coverage (x)
- 4.65x
- 1.11x
- Revenue Growth %
- -19.16%
- Operating Profit Growth %
- -9.70%
- Net Profit Growth %
- -20.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 10.06
- Book Value (₹)
- 560.92
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 46.93
- Operating Margin %
- 15.73%
- Net Margin %
- 3.95%
- ROE %
- 3.21%
- ROCE %
- 4.84%
- 1.56%
- Debtor Days
- 49
- Inventory Days
- 59
- Payable Days
- 252
- -144
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 2.72x
- 1.49x
- Revenue Growth %
- -1.52%
- Operating Profit Growth %
- -23.22%
- Net Profit Growth %
- -57.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 49.33
- Book Value (₹)
- 715.80
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 86.51
- Operating Margin %
- 19.17%
- Net Margin %
- 10.48%
- ROE %
- 8.60%
- ROCE %
- 8.57%
- 4.50%
- Debtor Days
- 45
- Inventory Days
- 54
- Payable Days
- 286
- -186
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 6.50x
- 1.23x
- Revenue Growth %
- 23.75%
- Operating Profit Growth %
- 47.57%
- Net Profit Growth %
- 240.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 90.86
- Book Value (₹)
- 773.37
- Dividend per Share (₹)
- 17.50
- Cash EPS (₹)
- 131.14
- Operating Margin %
- 22.85%
- Net Margin %
- 13.87%
- ROE %
- 12.91%
- ROCE %
- 12.37%
- 7.13%
- Debtor Days
- 47
- Inventory Days
- 50
- Payable Days
- 268
- -172
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 7.75x
- 1.66x
- Revenue Growth %
- 33.01%
- Operating Profit Growth %
- 57.75%
- Net Profit Growth %
- 75.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 10.51
- Book Value (₹)
- 872.20
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 56.04
- Operating Margin %
- 17.31%
- Net Margin %
- 2.73%
- ROE %
- 2.14%
- ROCE %
- 5.12%
- 1.25%
- Debtor Days
- 50
- Inventory Days
- 56
- Payable Days
- 301
- -195
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 2.57x
- 1.05x
- Revenue Growth %
- -8.15%
- Operating Profit Growth %
- -22.45%
- Net Profit Growth %
- -81.69%
- -88.43%
- P/E (x)
- 102.82x
- P/B (x)
- 1.24x
- Dividend Yield %
- 1.39%
- 10.21x
- EPS (₹)
- 9.22
- Book Value (₹)
- 846.82
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 57.92
- Operating Margin %
- 12.26%
- Net Margin %
- 2.22%
- ROE %
- 1.62%
- ROCE %
- 3.93%
- 0.95%
- Debtor Days
- 44
- Inventory Days
- 58
- Payable Days
- 273
- -172
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- 1.93x
- 1.09x
- Revenue Growth %
- -3.46%
- Operating Profit Growth %
- -30.48%
- Net Profit Growth %
- -21.16%
- -12.31%
- P/E (x)
- 93.87x
- P/B (x)
- 1.02x
- Dividend Yield %
- 1.27%
- 12.74x
- EPS (₹)
- -74.35
- Book Value (₹)
- 831.61
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- -20.16
- Operating Margin %
- 11.50%
- Net Margin %
- -10.93%
- ROE %
- -8.01%
- ROCE %
- -3.09%
- -4.47%
- Debtor Days
- 46
- Inventory Days
- 66
- Payable Days
- 250
- -138
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- -1.47x
- 1.07x
- Revenue Growth %
- -2.04%
- Operating Profit Growth %
- -2.62%
- Net Profit Growth %
- -584.46%
- -906.81%
- P/E (x)
- 0.00x
- P/B (x)
- 0.70x
- Dividend Yield %
- 1.89%
- 10.16x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-03 - Tata Chemicals Limited has informed the Exchange about Transcript
- General Updates
2026-07-29 - Tata Chemicals Limited has informed the Exchange about ESG Rating
Annual Reports
Credit Ratings
- Credit Rating
2026-02-06 - Tata Chemicals Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-12-06 - Tata Chemicals Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-12-01 - Tata Chemicals Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
Jul 2026
May 2026

