TATACHEMChemicals

Tata Chemicals Limited

Commodity Chemicals · ISIN INE092A01019 · BSE 500770 · NSE EQ · FV ₹10
Last price
₹779
+6.49%today
What this company does

Tata Chemicals Limited operates in Commodity Chemicals, part of the Chemicals sector. It booked ₹4,255 cr of revenue in its latest quarter (Q1 FY27) and kept -0.4% of sales as profit. It is the 2nd largest of 9 Commodity Chemicals companies we track, by market value.

financial and non-financial performance, and includes financial and non-financial methodologies and data collection processes.
In the report:
42out of 100
Equitytale Health Score
Strained

Healthier than 42% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 37–44 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
overbought
RSI (14)
77

At close. Not part of the score.

Profitability & returns5

How much profit it earns on the money it employs

Balance sheet22

How much it owes, and whether earnings cover the interest

Cash quality88

Whether reported profit actually arrives as cash

Growth & consistency42

Whether sales and profit have grown, and how steadily

Valuation51

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Sales up 14% vs last year
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin -0.4% net margin
! Low -0.3% return on equity

What if I invest in TATACHEM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹779 +6.49%
latest close · 2026-09-17
1-year return
-5.7%
52-wk low ₹60052-wk high ₹1,158
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio3.29High
Below bookModerateHigh
EV / EBITDA31.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-0.3%Loss
WeakFairStrong ▸15%
Return on capital3.4%Weak
WeakFairStrong
Net margin-0.4%Loss
ThinDecentStrong
EBITDA margin14.4%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.36Comfortable
LowModerateHigh ▸1
Interest cover1.9×Risky
RiskyOkayStrong ▸5×
Current ratio1.07Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹69,788 cr
Book value
₹237
EPS
₹-0.67
latest quarter
Net debt
₹7,620 cr
owes more than its cash
Enterprise value
₹77,408 cr
EBITDA
₹2,444 cr
annualised
EBIT
₹1,100 cr
annualised
Operating margin
6.5%
Return on assets
-0.2%
Earnings yield
P/S
4.10
Sales / share
₹190.1
Tax rate
39.4%
Face value
₹10
Shares
89.6 cr
Working capital
₹460 cr
Current assets
₹7,203 cr
Current liabilities
₹6,743 cr
Delivery %
39.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹72₹88, midpoint ₹80

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹4,255 cr
Other Income₹56 cr
Total Income₹4,311 cr
Cost of Materials₹887 cr
Purchases of Stock-in-Trade₹146 cr
Inventory Change (±)₹-174 cr
Employee Benefit Expense₹545 cr
Finance Costs₹148 cr
Depreciation & Amortisation₹336 cr
Other Expenses₹2,296 cr
Total Expenses₹4,184 cr
Profit before Tax₹127 cr
Tax Expense₹50 cr
Share of JV / Associates₹-17 cr
Net Profit₹60 cr
Net margin on total income1.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹859 cr20.0%
Employee benefit expense₹545 cr12.7%
Finance costs₹148 cr3.4%
Depreciation & amortisation₹336 cr7.8%
Other expenses₹2,296 cr53.5%
Tax expense₹50 cr1.2%
Profit for the period₹60 cr1.4%
Total income ₹4,311 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue3,550 cr3,438 cr4,255 cr
Total income3,588 cr3,482 cr4,311 cr
Expenses3,644 cr3,660 cr4,184 cr
Profit before tax-110 cr-2,015 cr127 cr
Tax-4 cr134 cr50 cr
Net profit (owners' share)-93 cr-2,132 cr-17 cr
Net margin (owners' share, on revenue)-2.6%-62.0%-0.4%
EPS (₹)3.65-83.68-0.67
YoY (latest quarter): total income +13.0% · net profit
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹39,031 cr
Shareholder equity
₹21,206 cr
parent shareholders
Total debt
₹8,001 cr
Cash
₹381 cr
Cash flow · H1 FY26
Operating
₹536 cr
Investing
₹-177 cr
Financing
₹-555 cr
Peer comparison
Commodity Chemicals · by market value
CompanyPriceMarket capP/E
SRF Limited₹2,536₹75,172 cr24.8
Tata Chemicals Limitedthis company₹779₹69,788 cr
Deepak Fertilizers and Petrochemicals Corporation Limited₹1,325₹16,722 cr8.5
Gujarat Narmada Valley Fertilizers and Chemicals Limited₹585₹8,597 cr6.9
Gujarat Alkalies and Chemicals Limited₹674₹4,948 cr22.5
GHCL Limited₹420₹3,862 cr8.6
J.G.Chemicals Limited₹588₹2,305 cr23.0
Thirumalai Chemicals Limited₹156₹1,876 cr
IG Petrochemicals Limited₹555₹1,708 cr6.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.41%
trailing 12 months
Dividend / share (TTM)
₹11
Last dividend
₹11
ex 10 Jun 2026
ActionDetailEx-date
Dividend₹11 / share10 Jun 2026
Dividend₹11 / share12 Jun 2025
Dividend₹15 / share12 Jun 2024
Dividend₹17.5 / share14 Jun 2023
Dividend₹12.5 / share15 Jun 2022
Dividend₹10 / share14 Jun 2021
Who owns it · 2026-06-30
No pledge
Promoter
38.0%
FII / Foreign
12.1%
DII / Domestic
21.1%
Retail / others
28.8%
Smart-money activity
Insider trades
BoughtTata Sons Private Limited · Promoters25.72 L · ₹121.4 cr4 Dec 20
BoughtTata Sons Private Limited · Promoters18.07 L · ₹76.1 cr2 Dec 20
BoughtTata Sons Private Limited · Promoters12.59 L · ₹50.2 cr1 Dec 20
Bulk / block deals
short · NSE3916 Sep 26
short · NSE18,92915 Sep 26
short · NSE71 Sep 26
Stake changes
BoughtICICI Prudential Mutual Fund→ 5.01% · 1.47 L29 Oct 25
BoughtLife Insurance Corporation of India→ 9.17% · 52.33 L24 Aug 23
BoughtLife Insurance Corporation of India→ 7.12% · 52.47 L27 Jun 23
Promoter pledges
ReleasedTata Global Beverages Limited37.24 L · 1.46% held3 Nov 16
ReleasedSBI Cap Trustee Company Limited on behalf of holders of Secured Non-Convertible Debentures aggregating to Rs 325 Crores84,447 · 1.49% held19 Jul 16
PledgedSBI Cap Trustee Company Limited on behalf of holders of Secured Non-Convertible Debentures aggregating to Rs 325 Crores84,447 · 1.46% held19 Jul 16
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Jun 2025
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
8.17 cr votes for, 3,325 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
8.17 cr votes for, 3,376 against · 0% of mutual funds and other big investors said no
3
To declare dividend on the Ordinary Shares for the financial year ended March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
8.18 cr votes for, 3,245 against · 0% of mutual funds and other big investors said no
4
To appoint a Director in place of Mr. R. Mukundan (DIN: 00778253), who retires by rotation and being eligible, offers himself for re-appointment
Backed by 99% of shareholders other than promotersneeded 50%
8.12 cr votes for, 6.81 L against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 363 named members
owning 38.0% between them · as of 2026-06-30
Tata Sons Private Limited31.90%
Tata Investment Corporation Ltd5.97%
Voltas Limited0.08%
Tata Industries Limited0.03%
3-101-951221 SOCIEDAD ANONIMAno shares
915 Labs Incno shares
Actve Digital Services Private Limitedno shares
AFCL Ghana Ltd.no shares
Business done with them
FY2026 · 3 of the group
The company paid ₹148 cr to companies in the promoter group last year — about 1.0% of its ₹14,584 cr revenue and received ₹66 cr back from them.
TATA SONS PRIVATE LIMITED
Other payments to them · Other Services - expenses (net of reimbursements), Dividend received, Dividend paid
also owns 31.90% of the company
₹89 cr
company paid
TATA SONS PRIVATE LIMITED
Other income from them · Other Services - expenses (net of reimbursements), Dividend received, Dividend paid
also owns 31.90% of the company
₹66 cr
company received
TATA SONS PRIVATE LIMITED
Paid them for services · Other Services - expenses (net of reimbursements), Dividend received, Dividend paid
also owns 31.90% of the company
₹30 cr
company paid
TATA CONSULTANCY SERVICES LIMITED
Paid them for services · Other Services - expenses (net of reimbursements)
₹28 cr
company paid
TATA INDUSTRIES LIMITED
Paid them for services · Other Services - expenses (net of reimbursements)
also owns 0.03% of the company
₹1 cr
company paid

The company also transacted with 1 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.