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Tata Chemicals Ltd

NSE: TATACHEM BSE: 500770

Incorporated in 1939, Tata Chemicals Ltd manufactures and exports basic chemistry and specialty products [1]

₹730
52W: ₹580 — ₹1027
PE 30 · Book ₹758 · -4% vs book
Market Cap₹18,595 Cr
Stock P/E30Price to Earnings
ROCE4.18%Return on Capital
ROE3.3%Return on Equity
Div. Yield1.53%Face Value ₹10

Strengths

  • +Stock is trading at 0.96 times its book value
  • +Company has been maintaining a healthy dividend payout of 46.4%

Weaknesses

  • −The company has delivered a poor sales growth of 10.0% over past five years.
  • −Tax rate seems low
  • −Company has a low return on equity of 3.51% over last 3 years.
  • −Earnings include an other income of Rs.365 Cr.

Shareholding Pattern

Promoters37.98%
FIIs11.9%
DIIs22.83%
Public27.25%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters37.98%37.98%37.98%37.98%37.98%37.98%37.98%37.98%
FIIs13.76%13.56%▼0.213.6%▲0.013.29%▼0.312.85%▼0.413.73%▲0.912.26%▼1.511.9%▼0.4
DIIs19.91%20.34%▲0.421.68%▲1.321.96%▲0.322.61%▲0.622.17%▼0.422.4%▲0.222.83%▲0.4
Public28.31%28.08%▼0.226.72%▼1.426.73%▲0.026.53%▼0.226.07%▼0.527.34%▲1.327.25%▼0.1

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales1,0931,0901,0471,0091,1661,2191,1691,2041,2041,254
Expenses8878988128659579898999649761,038
Operating Profit206192235144209230270240228216
OPM %19%18%22%14%18%19%23%20%19%17%
Net Profit11521727199721153071787348
EPS ₹4.518.5210.643.892.834.5112.056.992.861.88

AI Insights

Revenue Trend

Mar 2026 revenue at ₹4,831Cr, up 8.8% YoY. OPM at 20%.

Debt Position

Borrowings at ₹3,487Cr. Debt-to-equity ratio: 0.18x. Healthy balance sheet.

Capex Cycle

CWIP at ₹473Cr (9% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 22.83% (+2.92pp change). FIIs: 11.9% (-2.57pp change). Promoters hold 37.98%.

Margin & Efficiency

ROCE declining from 12% (Mar 2015) to 4% (Mar 2026). Working capital days: 34.

Valuation

PE 30x with 4.18% ROCE. Price is -4% above book value of ₹758. Dividend yield: 1.53%.

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