Thirumalai Chemicals Ltd
Thirumalai Chemicals Ltd is a chemical manufacturing company that produces and sells commodity chemicals, primarily serving the industrial and agricultural sectors.
Business. Thirumalai Chemicals Ltd (THRM.NS) is an Indian company operating in the commodity chemicals industry within the basic materials sector. The firm is headquartered in India and is primarily listed on the National Stock Exchange of India. As specific segment and geographic details are not provided, the company is described at the industry level as a producer of commodity chemicals.
At a glance
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Thirumalai Chemicals Ltd (THRM.NS) is an Indian company operating in the commodity chemicals industry within the basic materials sector. The firm is headquartered in India and is primarily listed on the National Stock Exchange of India. As specific segment and geographic details are not provided, the company is described at the industry level as a producer of commodity chemicals.
Thirumalai Chemicals Ltd has a debt-to-equity ratio of 1.55, indicating a relatively high level of leverage. The company's liquidity position is assessed as medium, with a current ratio of 1.04, suggesting limited short-term liquidity cushion. Free cash flow is negative at -6,081.4 million INR, and operating cash flow is also negative at -658.8 million INR, indicating cash flow challenges.
Profitability metrics are weak, with a return on equity of -3.99% and a return on assets of -1.21%, both significantly below the industry median for Commodity Chemicals. The company reported a net loss of 461 million INR and an operating loss of 63.9 million INR, reflecting poor operational performance.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to sector-specific risks. No recent segment disclosures or geographic breakdowns are available in the latest filings.
The company's revenue growth is expected to remain flat or decline in the current fiscal year, with no clear signs of recovery in the next fiscal year. The negative operating and net income suggest a lack of momentum in improving profitability. Capital expenditures were -6,129 million INR, indicating a significant outflow of cash for investments.
The risk assessment highlights liquidity concerns, with negative net cash after subtracting total debt. The company's dilution risk is assessed as low, with no recent signs of share issuance or dilution pressure. However, the negative free cash flow and high leverage could limit the company's ability to service debt or fund operations without external financing.
No recent filings or transcripts are available in the provided data to assess management commentary or strategic direction. The company's financial performance and risk profile suggest a need for close monitoring of liquidity and profitability trends.
- Thirumalai Chemicals Ltd is operating at a net loss with negative free cash flow, indicating significant financial stress.
- The company's debt-to-equity ratio of 1.55 and negative net cash position highlight liquidity and leverage risks.
- Return on equity and return on assets are both negative, suggesting poor capital efficiency and profitability.
- The company's business is concentrated in a single segment, increasing exposure to sector-specific risks.
- No recent strategic or operational developments are disclosed, and the outlook for revenue growth is uncertain.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Thirumalai Chemicals Ltd Market data — financials · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,01 %$21M
- Investment Managers · as of 2026-03-310,01 %$41M
- Investment Managers · as of 2026-03-310,01 %$15M
- Investment Managers · as of 2024-06-300,01 %$241M
- Institutional Investor · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$14M
- Institutional Investor · as of 2022-09-300,00 %$0M
- Investment Managers · as of 2025-12-310,00 %$121M
- Funds · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$21M
- Investment Managers · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$35M
- Institutional Investor · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2024-12-310,00 %$3M
- Brokerage Firms · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$12M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Phil M. EylerPresident, Chief Executive Officer, Director
Insider activity
- SVP and General Counsel · Common StockSold 4 700 @ $43,21$203K · 2026-07-29
- Director · Common StockOther 4 292 · 2026-05-14
- Director · Common StockOther 4 292 · 2026-05-14
- Director · Common StockOther 4 292 · 2026-05-14
- Director · Common StockOther 4 292 · 2026-05-14
- Director · Common StockOther 4 292 · 2026-05-14
- Director · Common StockOther 4 292 · 2026-05-14
- Director · Common StockOther 4 292 · 2026-05-14
- Director · Common StockOther 4 292 · 2026-05-14
- President, Gentherm Tech. · Common StockOther 1 115 @ $28,64$32K · 2026-03-23
- Chief Accounting Officer · Common StockOther 353 · 2026-03-23
- Chief Accounting Officer · Common StockOther 102 @ $28,64$3K · 2026-03-23
- SVP Global Ops & Supply Chain · Common StockOther 2 121 · 2026-03-23
- SVP Global Ops & Supply Chain · Common StockOther 607 @ $28,64$17K · 2026-03-23
- SVP, CHRO · Common StockOther 2 121 · 2026-03-23
- SVP, CHRO · Common StockOther 961 @ $28,64$28K · 2026-03-23
- SVP, Chief Strategy Officer · Common StockOther 2 474 · 2026-03-23
- SVP, Chief Strategy Officer · Common StockOther 710 @ $28,64$20K · 2026-03-23
- SVP and General Counsel · Common StockOther 2 121 · 2026-03-23
- SVP and General Counsel · Common StockOther 925 @ $28,64$26K · 2026-03-23
- President, Gentherm Tech. · Common StockOther 2 474 · 2026-03-23
- VP & General Manager · Common StockOther 266 · 2026-03-23
- SVP Global Ops & Supply Chain · Common StockOther 7 665 · 2026-03-17
- EVP, CFO, Treasurer · Common StockOther 14 049 · 2026-03-17
- Chief Accounting Officer · Common StockOther 1 599 · 2026-03-17
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -1.2%Derived (calculated)
- Gross margin (FY 2025-12-31): 24.2%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.92xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.94xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -24.1%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 19.9%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 4.3%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -71.2%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -71.4%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -14.1%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 6.5%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -22.7%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 6.8%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 2.9%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 16.8%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 11.9%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 7.2%Derived (calculated)
- Pre-tax income (annual): USD 35.84MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES 1SEC XBRL filing
- Gross profit (annual): USD 362.18MSEC XBRL filing
- R&D expense (annual): USD 94.76MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 1SEC XBRL filing
- Long-term debt (annual): USD 189.07MSEC XBRL filing
- Current liabilities (annual): USD 404.31MSEC XBRL filing