Tata Chemicals Ltd.
•₹ 626.75-1.22%
2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.35x)
- Company has been maintaining a healthy dividend payout of 46.3%
- Company has a consistent dividend-paying track record
- Stock looks reasonably valued - P/E of 24.5 is below its historical median
- Company maintains a comfortable, low leverage position
CONS
- A large part of profit comes from other income (56.4% of PBT)
- Company has a low return on capital employed of 4.7%
- Company has a low return on equity of 3.7% over last 3 years
- Total debt has risen sharply - up 56.4% year on year
- Operating margins have contracted to 18.4% from 30.7%
- Company has delivered a poor profit growth of 4.8% over past five years
* 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 | 19650.00 | 89.29 | 177812.96 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1662.05 | 63.86 | 169161.84 | 1.29 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2570.50 | 35.25 | 76196.00 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4678.85 | 83.57 | 51397.17 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8250.30 | 53.60 | 42324.05 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1226.50 | 35.14 | 41314.78 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1749.95 | 30.47 | 23868.10 | 0.43 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1634.55 | 92.24 | 21695.03 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6520.15 | 24.13 | 19196.47 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 521.50 | 35.62 | 18916.20 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1458.05 | 18.77 | 18468.08 | 0.69 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | TATACHEM | 633.30 | 0.00 | 16133.72 | 1.74 | 60.00 | -81.01 | 4255.00 | 14.41 | -3.09 | 12.64 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,135 | 1,066 | 1,093 | 1,090 | 1,047 | 1,009 | 1,166 | 1,219 | 1,169 | 1,204 | 1,204 | 1,254 | 1,281 | |
| 846 | 878 | 887 | 898 | 812 | 865 | 957 | 989 | 899 | 964 | 976 | 1,038 | 1,105 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 194 | 69 | 22 | 98 | 187 | 95 | 16 | 21 | 214 | 121 | 16 | 28 | 216 |
| Interest | 11 | 15 | 12 | 11 | 13 | 32 | 50 | 49 | 50 | 46 | 50 | 73 | 73 |
| Depreciation | 66 | 71 | 76 | 82 | 87 | 90 | 92 | 100 | 102 | 103 | 107 | 116 | 115 |
| 406 | 273 | 140 | 197 | 322 | 117 | 83 | 102 | 332 | 212 | 73 | 55 | 392 | |
| Tax % | 19.21% | 13.55% | 17.86% | -10.15% | 20.50% | 15.38% | 13.25% | 4.90% | 7.53% | 16.04% | 0.00% | 12.73% | 12.50% |
| Net Profit | 328 | 236 | 115 | 217 | 256 | 99 | 72 | 97 | 307 | 178 | 73 | 48 | 343 |
| 13 | 9 | 5 | 9 | 10 | 4 | 3 | 4 | 12 | 7 | 3 | 2 | 1 | |
| 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% |
Jun 2023
- 1,135
- 846
- Operating Profit
- —
- OPM %
- —
- Other Income
- 194
- Interest
- 11
- Depreciation
- 66
- 406
- Tax %
- 19.21%
- Net Profit
- 328
- 13
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,066
- 878
- Operating Profit
- —
- OPM %
- —
- Other Income
- 69
- Interest
- 15
- Depreciation
- 71
- 273
- Tax %
- 13.55%
- Net Profit
- 236
- 9
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,093
- 887
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 12
- Depreciation
- 76
- 140
- Tax %
- 17.86%
- Net Profit
- 115
- 5
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,090
- 898
- Operating Profit
- —
- OPM %
- —
- Other Income
- 98
- Interest
- 11
- Depreciation
- 82
- 197
- Tax %
- -10.15%
- Net Profit
- 217
- 9
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,047
- 812
- Operating Profit
- —
- OPM %
- —
- Other Income
- 187
- Interest
- 13
- Depreciation
- 87
- 322
- Tax %
- 20.50%
- Net Profit
- 256
- 10
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,009
- 865
- Operating Profit
- —
- OPM %
- —
- Other Income
- 95
- Interest
- 32
- Depreciation
- 90
- 117
- Tax %
- 15.38%
- Net Profit
- 99
- 4
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,166
- 957
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 50
- Depreciation
- 92
- 83
- Tax %
- 13.25%
- Net Profit
- 72
- 3
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,219
- 989
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 49
- Depreciation
- 100
- 102
- Tax %
- 4.90%
- Net Profit
- 97
- 4
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,169
- 899
- Operating Profit
- —
- OPM %
- —
- Other Income
- 214
- Interest
- 50
- Depreciation
- 102
- 332
- Tax %
- 7.53%
- Net Profit
- 307
- 12
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,204
- 964
- Operating Profit
- —
- OPM %
- —
- Other Income
- 121
- Interest
- 46
- Depreciation
- 103
- 212
- Tax %
- 16.04%
- Net Profit
- 178
- 7
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,204
- 976
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 50
- Depreciation
- 107
- 73
- Tax %
- 0.00%
- Net Profit
- 73
- 3
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,254
- 1,038
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 73
- Depreciation
- 116
- 55
- Tax %
- 12.73%
- Net Profit
- 48
- 2
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,281
- 1,105
- Operating Profit
- —
- OPM %
- —
- Other Income
- 216
- Interest
- 73
- Depreciation
- 115
- 392
- Tax %
- 12.50%
- Net Profit
- 343
- 1
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 255
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,607 | 3,466 | 3,121 | 2,920 | 2,999 | 3,721 | 4,930 | 4,384 | 4,441 | 4,831 | 4,943 | |
| 2,749 | 2,544 | 2,435 | 2,202 | 2,388 | 2,776 | 4,514 | 3,516 | 3,625 | 3,877 | 4,083 | |
| Operating Profit | 1,114 | 1,180 | 1,099 | 1,027 | 830 | 1,229 | 1,536 | 1,258 | 1,137 | 1,333 | — |
| OPM % | 31 | 34 | 35 | 35 | 28 | 33 | 31 | 29 | 26 | 28 | — |
| Other Income | 256 | 258 | 412 | 309 | 219 | 284 | 1,120 | 390 | 321 | 379 | 381 |
| Interest | 180 | 150 | 98 | 43 | 19 | 19 | 26 | 49 | 144 | 219 | 242 |
| Depreciation | 130 | 127 | 140 | 150 | 197 | 222 | 245 | 295 | 369 | 428 | 441 |
| 804 | 904 | 860 | 834 | 614 | 988 | 1,265 | 1,016 | 624 | 672 | 732 | |
| Tax % | 28 | 31 | 27 | 19 | 22 | 20 | 19 | 12 | 16 | 10 | 12 |
| Net Profit | 579 | 624 | 631 | 672 | 479 | 787 | 1,027 | 896 | 524 | 606 | 642 |
| EPS | 27 | 69 | 34 | 268 | 19 | 31 | 40 | 35 | 21 | 24 | — |
| Dividend Payout % | 48 | 90 | 50 | 42 | 53 | 41 | 43 | 43 | 54 | 46 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 23 | 25 | 25 | 26 | 19 | 31 | 40 | 35 | 21 | 24 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 23 | 25 | 25 | 26 | 19 | 31 | 40 | 35 | 21 | 24 | — |
Mar 2017
- 3,607
- 2,749
- Operating Profit
- 1,114
- OPM %
- 31
- Other Income
- 256
- Interest
- 180
- Depreciation
- 130
- 804
- Tax %
- 28
- Net Profit
- 579
- EPS
- 27
- Dividend Payout %
- 48
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2018
- 3,466
- 2,544
- Operating Profit
- 1,180
- OPM %
- 34
- Other Income
- 258
- Interest
- 150
- Depreciation
- 127
- 904
- Tax %
- 31
- Net Profit
- 624
- EPS
- 69
- Dividend Payout %
- 90
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
Mar 2019
- 3,121
- 2,435
- Operating Profit
- 1,099
- OPM %
- 35
- Other Income
- 412
- Interest
- 98
- Depreciation
- 140
- 860
- Tax %
- 27
- Net Profit
- 631
- EPS
- 34
- Dividend Payout %
- 50
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
Mar 2020
- 2,920
- 2,202
- Operating Profit
- 1,027
- OPM %
- 35
- Other Income
- 309
- Interest
- 43
- Depreciation
- 150
- 834
- Tax %
- 19
- Net Profit
- 672
- EPS
- 268
- Dividend Payout %
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2021
- 2,999
- 2,388
- Operating Profit
- 830
- OPM %
- 28
- Other Income
- 219
- Interest
- 19
- Depreciation
- 197
- 614
- Tax %
- 22
- Net Profit
- 479
- EPS
- 19
- Dividend Payout %
- 53
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 19
Mar 2022
- 3,721
- 2,776
- Operating Profit
- 1,229
- OPM %
- 33
- Other Income
- 284
- Interest
- 19
- Depreciation
- 222
- 988
- Tax %
- 20
- Net Profit
- 787
- EPS
- 31
- Dividend Payout %
- 41
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
Mar 2023
- 4,930
- 4,514
- Operating Profit
- 1,536
- OPM %
- 31
- Other Income
- 1,120
- Interest
- 26
- Depreciation
- 245
- 1,265
- Tax %
- 19
- Net Profit
- 1,027
- EPS
- 40
- Dividend Payout %
- 43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 40
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 40
Mar 2024
- 4,384
- 3,516
- Operating Profit
- 1,258
- OPM %
- 29
- Other Income
- 390
- Interest
- 49
- Depreciation
- 295
- 1,016
- Tax %
- 12
- Net Profit
- 896
- EPS
- 35
- Dividend Payout %
- 43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
Mar 2025
- 4,441
- 3,625
- Operating Profit
- 1,137
- OPM %
- 26
- Other Income
- 321
- Interest
- 144
- Depreciation
- 369
- 624
- Tax %
- 16
- Net Profit
- 524
- EPS
- 21
- Dividend Payout %
- 54
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2026
- 4,831
- 3,877
- Operating Profit
- 1,333
- OPM %
- 28
- Other Income
- 379
- Interest
- 219
- Depreciation
- 428
- 672
- Tax %
- 10
- Net Profit
- 606
- EPS
- 24
- Dividend Payout %
- 46
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 24
TTM
- 4,943
- 4,083
- Operating Profit
- —
- OPM %
- —
- Other Income
- 381
- Interest
- 242
- Depreciation
- 441
- 732
- Tax %
- 12
- Net Profit
- 642
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -5%
- 5 Years:
- 10%
- 3 Years:
- -1%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 0%
- 5 Years:
- 5%
- 3 Years:
- -16%
STOCK PRICE CAGR
- 10 Years:
- 10%
- 5 Years:
- -6%
- 3 Years:
- -15%
- 1 Year:
- -33%
RETURN ON EQUITY
- 10 Years:
- 5%
- 5 Years:
- 5%
- 3 Years:
- 4%
- Last Year:
- 3%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 8,601 | 11,069 | 12,110 | 11,722 | 13,002 | 15,087 | 15,737 | 18,470 | 17,939 | 19,053 | |
| 522 | 1 | 1 | 0 | 0 | 0 | 0 | 30 | 481 | 12 | |
| Trade Payables | 512 | 425 | 569 | 575 | 482 | 560 | 698 | 562 | 777 | 886 |
| 2,910 | 2,424 | 1,632 | 844 | 927 | 1,115 | 1,198 | 1,470 | 3,259 | 5,099 | |
| Total Liabilities | 12,799 | 14,174 | 14,567 | 13,396 | 14,665 | 17,017 | 17,888 | 20,787 | 22,711 | 25,305 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,460 | 1,395 | 1,573 | 2,232 | 2,391 | 2,322 | 2,690 | 3,756 | 4,753 | 5,404 | |
| Capital Work in Progress | 122 | 176 | 527 | 402 | 421 | 1,202 | 1,561 | 1,362 | 985 | 473 |
| 6,248 | 6,389 | 9,366 | 7,964 | 9,337 | 10,927 | 10,781 | 13,306 | 14,390 | 16,957 | |
| 612 | 451 | 628 | 701 | 522 | 880 | 1,203 | 939 | 947 | 1,117 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 232 | 252 | 252 | |
| Cash & Bank | 1,112 | 3,769 | 1,106 | 880 | 685 | 493 | 85 | 52 | 71 | 37 |
| 3,246 | 1,995 | 1,367 | 1,217 | 1,309 | 1,193 | 1,568 | 1,140 | 1,313 | 1,065 | |
| Total Assets | 12,799 | 14,174 | 14,567 | 13,396 | 14,665 | 17,017 | 17,888 | 20,787 | 22,711 | 25,305 |
| Total Debt | 2,041 | 1,097 | 694 | 4 | 0 | 0 | 0 | 30 | 2,179 | 3,408 |
| Net Working Capital | 888 | 3,285 | 2,650 | 2,129 | 1,837 | 1,716 | 1,629 | 662 | 249 | 479 |
| Contingent Liabilities | 3,090 | 1,642 | 1,069 | 1,627 | 2,484 | 2,179 | 742 | 2,182 | 2,300 | 1,325 |
| Book Value per Share | 347.60 | 444.50 | 485.36 | 470.14 | 520.38 | 601.65 | 627.14 | 734.31 | 713.49 | 757.18 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 2,041 | 1,097 | 694 | 4 | 0 | 0 | 0 | 30 | 2,179 | 3,408 |
| Net Working Capital | 888 | 3,285 | 2,650 | 2,129 | 1,837 | 1,716 | 1,629 | 662 | 249 | 479 |
| Contingent Liabilities | 3,090 | 1,642 | 1,069 | 1,627 | 2,484 | 2,179 | 742 | 2,182 | 2,300 | 1,325 |
| Book Value per Share | 347.60 | 444.50 | 485.36 | 470.14 | 520.38 | 601.65 | 627.14 | 734.31 | 713.49 | 757.18 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 255
- 8,601
- 522
- Trade Payables
- 512
- 2,910
- Total Liabilities
- 12,799
- 1,460
- Capital Work in Progress
- 122
- 6,248
- 612
- 0
- Cash & Bank
- 1,112
- 3,246
- Total Assets
- 12,799
- Total Debt
- 2,041
- Net Working Capital
- 888
- Contingent Liabilities
- 3,090
- Book Value per Share
- 347.60
- Face Value
- 10.00
- Total Debt
- 2,041
- Net Working Capital
- 888
- Contingent Liabilities
- 3,090
- Book Value per Share
- 347.60
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 255
- 11,069
- 1
- Trade Payables
- 425
- 2,424
- Total Liabilities
- 14,174
- 1,395
- Capital Work in Progress
- 176
- 6,389
- 451
- 0
- Cash & Bank
- 3,769
- 1,995
- Total Assets
- 14,174
- Total Debt
- 1,097
- Net Working Capital
- 3,285
- Contingent Liabilities
- 1,642
- Book Value per Share
- 444.50
- Face Value
- 10.00
- Total Debt
- 1,097
- Net Working Capital
- 3,285
- Contingent Liabilities
- 1,642
- Book Value per Share
- 444.50
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 255
- 12,110
- 1
- Trade Payables
- 569
- 1,632
- Total Liabilities
- 14,567
- 1,573
- Capital Work in Progress
- 527
- 9,366
- 628
- 0
- Cash & Bank
- 1,106
- 1,367
- Total Assets
- 14,567
- Total Debt
- 694
- Net Working Capital
- 2,650
- Contingent Liabilities
- 1,069
- Book Value per Share
- 485.36
- Face Value
- 10.00
- Total Debt
- 694
- Net Working Capital
- 2,650
- Contingent Liabilities
- 1,069
- Book Value per Share
- 485.36
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 255
- 11,722
- 0
- Trade Payables
- 575
- 844
- Total Liabilities
- 13,396
- 2,232
- Capital Work in Progress
- 402
- 7,964
- 701
- 0
- Cash & Bank
- 880
- 1,217
- Total Assets
- 13,396
- Total Debt
- 4
- Net Working Capital
- 2,129
- Contingent Liabilities
- 1,627
- Book Value per Share
- 470.14
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 2,129
- Contingent Liabilities
- 1,627
- Book Value per Share
- 470.14
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 255
- 13,002
- 0
- Trade Payables
- 482
- 927
- Total Liabilities
- 14,665
- 2,391
- Capital Work in Progress
- 421
- 9,337
- 522
- 0
- Cash & Bank
- 685
- 1,309
- Total Assets
- 14,665
- Total Debt
- 0
- Net Working Capital
- 1,837
- Contingent Liabilities
- 2,484
- Book Value per Share
- 520.38
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,837
- Contingent Liabilities
- 2,484
- Book Value per Share
- 520.38
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 255
- 15,087
- 0
- Trade Payables
- 560
- 1,115
- Total Liabilities
- 17,017
- 2,322
- Capital Work in Progress
- 1,202
- 10,927
- 880
- 0
- Cash & Bank
- 493
- 1,193
- Total Assets
- 17,017
- Total Debt
- 0
- Net Working Capital
- 1,716
- Contingent Liabilities
- 2,179
- Book Value per Share
- 601.65
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,716
- Contingent Liabilities
- 2,179
- Book Value per Share
- 601.65
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 255
- 15,737
- 0
- Trade Payables
- 698
- 1,198
- Total Liabilities
- 17,888
- 2,690
- Capital Work in Progress
- 1,561
- 10,781
- 1,203
- 0
- Cash & Bank
- 85
- 1,568
- Total Assets
- 17,888
- Total Debt
- 0
- Net Working Capital
- 1,629
- Contingent Liabilities
- 742
- Book Value per Share
- 627.14
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 1,629
- Contingent Liabilities
- 742
- Book Value per Share
- 627.14
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 255
- 18,470
- 30
- Trade Payables
- 562
- 1,470
- Total Liabilities
- 20,787
- 3,756
- Capital Work in Progress
- 1,362
- 13,306
- 939
- 232
- Cash & Bank
- 52
- 1,140
- Total Assets
- 20,787
- Total Debt
- 30
- Net Working Capital
- 662
- Contingent Liabilities
- 2,182
- Book Value per Share
- 734.31
- Face Value
- 10.00
- Total Debt
- 30
- Net Working Capital
- 662
- Contingent Liabilities
- 2,182
- Book Value per Share
- 734.31
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 255
- 17,939
- 481
- Trade Payables
- 777
- 3,259
- Total Liabilities
- 22,711
- 4,753
- Capital Work in Progress
- 985
- 14,390
- 947
- 252
- Cash & Bank
- 71
- 1,313
- Total Assets
- 22,711
- Total Debt
- 2,179
- Net Working Capital
- 249
- Contingent Liabilities
- 2,300
- Book Value per Share
- 713.49
- Face Value
- 10.00
- Total Debt
- 2,179
- Net Working Capital
- 249
- Contingent Liabilities
- 2,300
- Book Value per Share
- 713.49
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 255
- 19,053
- 12
- Trade Payables
- 886
- 5,099
- Total Liabilities
- 25,305
- 5,404
- Capital Work in Progress
- 473
- 16,957
- 1,117
- 252
- Cash & Bank
- 37
- 1,065
- Total Assets
- 25,305
- Total Debt
- 3,408
- Net Working Capital
- 479
- Contingent Liabilities
- 1,325
- Book Value per Share
- 757.18
- Face Value
- 10.00
- Total Debt
- 3,408
- Net Working Capital
- 479
- Contingent Liabilities
- 1,325
- Book Value per Share
- 757.18
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2,393 | 836 | 812 | 427 | 672 | 582 | 885 | 806 | 803 | 1,119 | |
| Cash from Investing | -152 | 2,866 | -1,504 | -293 | -403 | -355 | -558 | -351 | -2,493 | -1,917 |
| Cash from Financing | -1,731 | -1,496 | -1,568 | -1,101 | -291 | -270 | -332 | -458 | 1,710 | 768 |
| 511 | 2,207 | -2,260 | -967 | -22 | -43 | -5 | -3 | 20 | -30 | |
| Free Cash Flow | 2,393 | 773 | 144 | -244 | 388 | -319 | -56 | -312 | -160 | 636 |
| OCF / Net Profit | 4.13 | 1.34 | 1.29 | 0.64 | 1.40 | 0.74 | 0.86 | 0.90 | 1.53 | 1.85 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3,454 | 742 | -87 | -543 | -459 | -211 |
| OCF / Net Profit | 4.13 | 1.34 | 1.29 | 0.64 | 1.40 | 0.74 | 0.86 | 0.90 | 1.53 | 1.85 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 3,454 | 742 | -87 | -543 | -459 | -211 |
Mar 2017
- 2,393
- Cash from Investing
- -152
- Cash from Financing
- -1,731
- 511
- Free Cash Flow
- 2,393
- OCF / Net Profit
- 4.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.13
- Cumulative 5-Year FCF
- 0
Mar 2018
- 836
- Cash from Investing
- 2,866
- Cash from Financing
- -1,496
- 2,207
- Free Cash Flow
- 773
- OCF / Net Profit
- 1.34
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.34
- Cumulative 5-Year FCF
- 0
Mar 2019
- 812
- Cash from Investing
- -1,504
- Cash from Financing
- -1,568
- -2,260
- Free Cash Flow
- 144
- OCF / Net Profit
- 1.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.29
- Cumulative 5-Year FCF
- 0
Mar 2020
- 427
- Cash from Investing
- -293
- Cash from Financing
- -1,101
- -967
- Free Cash Flow
- -244
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 0
Mar 2021
- 672
- Cash from Investing
- -403
- Cash from Financing
- -291
- -22
- Free Cash Flow
- 388
- OCF / Net Profit
- 1.40
- Cumulative 5-Year FCF
- 3,454
- OCF / Net Profit
- 1.40
- Cumulative 5-Year FCF
- 3,454
Mar 2022
- 582
- Cash from Investing
- -355
- Cash from Financing
- -270
- -43
- Free Cash Flow
- -319
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 742
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 742
Mar 2023
- 885
- Cash from Investing
- -558
- Cash from Financing
- -332
- -5
- Free Cash Flow
- -56
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- -87
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- -87
Mar 2024
- 806
- Cash from Investing
- -351
- Cash from Financing
- -458
- -3
- Free Cash Flow
- -312
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- -543
- OCF / Net Profit
- 0.90
- Cumulative 5-Year FCF
- -543
Mar 2025
- 803
- Cash from Investing
- -2,493
- Cash from Financing
- 1,710
- 20
- Free Cash Flow
- -160
- OCF / Net Profit
- 1.53
- Cumulative 5-Year FCF
- -459
- OCF / Net Profit
- 1.53
- Cumulative 5-Year FCF
- -459
Mar 2026
- 1,119
- Cash from Investing
- -1,917
- Cash from Financing
- 768
- -30
- Free Cash Flow
- 636
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- -211
- OCF / Net Profit
- 1.85
- Cumulative 5-Year FCF
- -211
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 22.74 | 24.51 | 24.76 | 26.37 | 18.81 | 30.86 | 40.27 | 35.14 | 20.55 | 23.76 |
| Book Value (₹) | 347.60 | 444.50 | 485.36 | 470.14 | 520.38 | 601.65 | 627.14 | 734.31 | 713.49 | 757.18 |
| 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 (₹) | 27.82 | 29.48 | 30.27 | 32.24 | 26.55 | 39.57 | 49.88 | 46.71 | 35.02 | 40.55 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 29.02% | 33.48% | 34.50% | 34.01% | 26.47% | 32.15% | 30.70% | 19.14% | 17.42% | 18.40% |
| Net Margin % | 15.10% | 17.72% | 19.80% | 22.24% | 15.28% | 20.59% | 20.53% | 19.76% | 11.19% | 11.69% |
| ROE % | 6.84% | 6.19% | 5.33% | 5.52% | 3.80% | 5.50% | 6.56% | 5.16% | 2.84% | 3.23% |
| ROCE % | 8.74% | 9.03% | 7.53% | 7.01% | 5.01% | 7.04% | 8.24% | 6.13% | 3.93% | 4.14% |
| 4.47% | 4.63% | 4.39% | 4.81% | 3.41% | 4.97% | 5.88% | 4.63% | 2.41% | 2.52% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 171 | 61 | 19 | 20 | 17 | 16 | 14 | 17 | 19 | 18 |
| Inventory Days | 81 | 55 | 62 | 80 | 71 | 67 | 76 | 86 | 73 | 73 |
| Payable Days | 225 | 230 | 244 | 373 | 252 | 204 | 164 | 132 | 137 | 149 |
| 27 | -114 | -163 | -273 | -165 | -122 | -74 | -28 | -45 | -59 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.23x | 0.10x | 0.06x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.12x | 0.18x |
| Interest Coverage (x) | 5.47x | 7.04x | 9.75x | 20.24x | 33.76x | 53.00x | 49.65x | 21.73x | 5.33x | 4.07x |
| 1.43x | 3.49x | 2.41x | 2.81x | 2.77x | 2.52x | 2.20x | 1.62x | 1.15x | 1.35x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -56.13% | -3.90% | -9.95% | -47.81% | 2.69% | 24.08% | 32.49% | -11.08% | 1.30% | 8.78% |
| Operating Profit Growth % | -1.95% | 5.94% | -6.84% | -26.38% | -19.19% | 48.07% | 24.98% | -18.10% | -9.62% | 17.24% |
| Net Profit Growth % | -2.15% | 7.81% | 1.02% | -21.41% | -28.68% | 64.26% | 30.50% | -12.76% | -41.52% | 15.65% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -12.76% | -41.52% | 15.65% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 30.75x | 42.10x | 24.54x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.47x | 1.21x | 0.77x |
| 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 | 21.89x | 21.26x | 13.68x |
Mar 2017
- EPS (₹)
- 22.74
- Book Value (₹)
- 347.60
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 27.82
- Operating Margin %
- 29.02%
- Net Margin %
- 15.10%
- ROE %
- 6.84%
- ROCE %
- 8.74%
- 4.47%
- Debtor Days
- 171
- Inventory Days
- 81
- Payable Days
- 225
- 27
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 5.47x
- 1.43x
- Revenue Growth %
- -56.13%
- Operating Profit Growth %
- -1.95%
- Net Profit Growth %
- -2.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 24.51
- Book Value (₹)
- 444.50
- Dividend per Share (₹)
- 22.00
- Cash EPS (₹)
- 29.48
- Operating Margin %
- 33.48%
- Net Margin %
- 17.72%
- ROE %
- 6.19%
- ROCE %
- 9.03%
- 4.63%
- Debtor Days
- 61
- Inventory Days
- 55
- Payable Days
- 230
- -114
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 7.04x
- 3.49x
- Revenue Growth %
- -3.90%
- Operating Profit Growth %
- 5.94%
- Net Profit Growth %
- 7.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 24.76
- Book Value (₹)
- 485.36
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 30.27
- Operating Margin %
- 34.50%
- Net Margin %
- 19.80%
- ROE %
- 5.33%
- ROCE %
- 7.53%
- 4.39%
- Debtor Days
- 19
- Inventory Days
- 62
- Payable Days
- 244
- -163
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 9.75x
- 2.41x
- Revenue Growth %
- -9.95%
- Operating Profit Growth %
- -6.84%
- Net Profit Growth %
- 1.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 26.37
- Book Value (₹)
- 470.14
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 32.24
- Operating Margin %
- 34.01%
- Net Margin %
- 22.24%
- ROE %
- 5.52%
- ROCE %
- 7.01%
- 4.81%
- Debtor Days
- 20
- Inventory Days
- 80
- Payable Days
- 373
- -273
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 20.24x
- 2.81x
- Revenue Growth %
- -47.81%
- Operating Profit Growth %
- -26.38%
- Net Profit Growth %
- -21.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 18.81
- Book Value (₹)
- 520.38
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 26.55
- Operating Margin %
- 26.47%
- Net Margin %
- 15.28%
- ROE %
- 3.80%
- ROCE %
- 5.01%
- 3.41%
- Debtor Days
- 17
- Inventory Days
- 71
- Payable Days
- 252
- -165
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 33.76x
- 2.77x
- Revenue Growth %
- 2.69%
- Operating Profit Growth %
- -19.19%
- Net Profit Growth %
- -28.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 30.86
- Book Value (₹)
- 601.65
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 39.57
- Operating Margin %
- 32.15%
- Net Margin %
- 20.59%
- ROE %
- 5.50%
- ROCE %
- 7.04%
- 4.97%
- Debtor Days
- 16
- Inventory Days
- 67
- Payable Days
- 204
- -122
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 53.00x
- 2.52x
- Revenue Growth %
- 24.08%
- Operating Profit Growth %
- 48.07%
- Net Profit Growth %
- 64.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 40.27
- Book Value (₹)
- 627.14
- Dividend per Share (₹)
- 17.50
- Cash EPS (₹)
- 49.88
- Operating Margin %
- 30.70%
- Net Margin %
- 20.53%
- ROE %
- 6.56%
- ROCE %
- 8.24%
- 5.88%
- Debtor Days
- 14
- Inventory Days
- 76
- Payable Days
- 164
- -74
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 49.65x
- 2.20x
- Revenue Growth %
- 32.49%
- Operating Profit Growth %
- 24.98%
- Net Profit Growth %
- 30.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 35.14
- Book Value (₹)
- 734.31
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 46.71
- Operating Margin %
- 19.14%
- Net Margin %
- 19.76%
- ROE %
- 5.16%
- ROCE %
- 6.13%
- 4.63%
- Debtor Days
- 17
- Inventory Days
- 86
- Payable Days
- 132
- -28
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 21.73x
- 1.62x
- Revenue Growth %
- -11.08%
- Operating Profit Growth %
- -18.10%
- Net Profit Growth %
- -12.76%
- -12.76%
- P/E (x)
- 30.75x
- P/B (x)
- 1.47x
- Dividend Yield %
- 1.39%
- 21.89x
Mar 2025
- EPS (₹)
- 20.55
- Book Value (₹)
- 713.49
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 35.02
- Operating Margin %
- 17.42%
- Net Margin %
- 11.19%
- ROE %
- 2.84%
- ROCE %
- 3.93%
- 2.41%
- Debtor Days
- 19
- Inventory Days
- 73
- Payable Days
- 137
- -45
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 5.33x
- 1.15x
- Revenue Growth %
- 1.30%
- Operating Profit Growth %
- -9.62%
- Net Profit Growth %
- -41.52%
- -41.52%
- P/E (x)
- 42.10x
- P/B (x)
- 1.21x
- Dividend Yield %
- 1.27%
- 21.26x
Mar 2026
- EPS (₹)
- 23.76
- Book Value (₹)
- 757.18
- Dividend per Share (₹)
- 11.00
- Cash EPS (₹)
- 40.55
- Operating Margin %
- 18.40%
- Net Margin %
- 11.69%
- ROE %
- 3.23%
- ROCE %
- 4.14%
- 2.52%
- Debtor Days
- 18
- Inventory Days
- 73
- Payable Days
- 149
- -59
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 4.07x
- 1.35x
- Revenue Growth %
- 8.78%
- Operating Profit Growth %
- 17.24%
- Net Profit Growth %
- 15.65%
- 15.65%
- P/E (x)
- 24.54x
- P/B (x)
- 0.77x
- Dividend Yield %
- 1.89%
- 13.68x
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