Tata Chemicals Ltd

Tata Chemicals maintains a conservative capital structure with a debt-to-equity ratio of 0.38 and a current ratio of 1.07. The balance sheet reflects total assets of 390.31 billion INR against total liabilities of 178.25 billion INR and total equity of 212.06 billion INR. Long-term debt stands at 80.01 billion INR, while cash and equivalents are limited to 1.54 billion INR, resulting in a negative net cash position after subtracting total debt. Operating cash flow is positive at 12.69 billion INR, but free cash flow is negative at -20.00 billion INR due to capital expenditures of -12.05 billion INR.

Profitability metrics indicate significant pressure, with a return on equity of -0.0894 and a return on assets of -0.0486. The company reported a net income of -18.96 billion INR on revenue of 145.84 billion INR, resulting in an operating income of -13.16 billion INR. Gross profit was 84.90 billion INR, suggesting that operating expenses and other costs exceeded gross margins, leading to the net loss.

Segment and geographic revenue mix data is not available in the provided input, preventing a detailed analysis of revenue concentration or regional exposure. The company's activity is broadly classified as Chemicals within the Commodity & Specialty Chemicals industry.

Historical period data for revenue and net income trends is not available in the provided input, limiting the ability to assess the growth trajectory or cyclical patterns over the past five years. The current financial snapshot represents the latest normalized period without comparative historical context.

Risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, highlighting reliance on operating cash flows to service obligations. The shares outstanding basic and diluted counts are identical at 254,756,278, indicating no immediate dilution from options or convertibles in the current period.

Recent IR observations show a mean analyst price target of 715.88 INR and a median target of 747.50 INR, with a high of 805.00 INR and a low of 566.00 INR. The mean recommendation is 3.50, reflecting a neutral stance, with one buy rating and two hold ratings among analysts. No strong-buy recommendations were recorded.

Tata Chemicals maintains a substantial book value of INR 212 billion, providing a tangible asset base despite recent operational losses.

The company exhibits low dilution and credit risk flags, suggesting manageable structural risks amidst current financial volatility.

Gross profit remains robust at INR 84.9 billion in FY2026, indicating underlying revenue generation capability before operating expenses.

Long-term debt increased to INR 80.01 billion in FY2026, rising alongside negative cash flows and eroding financial flexibility.

Analysts assign a hold recommendation with a mean price target implying 4.6% downside from the current market price.

Revenue INR 34.38B, −2,0% YoY; Operating income −8 976,2% YoY.

• ▍Revenue INR 34.38B, −2,0% YoY
• ▍Operating income −8 976,2% YoY
• ▍Net income −5 100,0% YoY
• ▍Net margin -62.0%

Revenue INR 35.50B, −1,1% YoY; Operating income −102,4% YoY.

• ▍Revenue INR 35.50B, −1,1% YoY
• ▍Operating income −102,4% YoY
• ▍Net income −75,5% YoY
• ▍Net margin -2.6%

Revenue INR 38.77B, −3,0% YoY; Operating income −45,2% YoY.

• ▍Revenue INR 38.77B, −3,0% YoY
• ▍Operating income −45,2% YoY
• ▍Net income −60,3% YoY
• ▍Net margin 2.0%

Revenue INR 37.19B, −1,9% YoY; Operating income +22,6% YoY.

• ▍Revenue INR 37.19B, −1,9% YoY
• ▍Operating income +22,6% YoY
• ▍Net income +68,0% YoY
• ▍Net margin 6.8%

Revenue INR 35.09B; Operating income -INR 210.0M.

• ▍Revenue INR 35.09B
• ▍Operating income -INR 210.0M
• ▍Net margin -1.2%

Revenue INR 35.90B; Operating income INR 840.0M.

• ▍Revenue INR 35.90B
• ▍Operating income INR 840.0M
• ▍Net margin -1.5%

Revenue INR 39.99B; Operating income INR 3.41B.

• ▍Revenue INR 39.99B
• ▍Operating income INR 3.41B
• ▍Net margin 4.9%

Revenue INR 37.89B; Operating income INR 3.01B.

• ▍Revenue INR 37.89B
• ▍Operating income INR 3.01B
• ▍Net margin 4.0%

Revenue INR 145.84B, −2,0% YoY; Operating income −278,6% YoY.

• ▍Revenue INR 145.84B, −2,0% YoY
• ▍Operating income −278,6% YoY
• ▍Net income −906,8% YoY
• ▍Free cash flow −119,3% YoY
• ▍Net margin -13.0%

Revenue INR 148.87B, −3,5% YoY; Operating income −32,8% YoY.

• ▍Revenue INR 148.87B, −3,5% YoY
• ▍Operating income −32,8% YoY
• ▍Net income −12,3% YoY
• ▍Free cash flow −6,9% YoY
• ▍Net margin 1.6%

Revenue INR 154.21B, −8,2% YoY; Operating income −63,7% YoY.

• ▍Revenue INR 154.21B, −8,2% YoY
• ▍Operating income −63,7% YoY
• ▍Net income −88,4% YoY
• ▍Free cash flow −159,0% YoY
• ▍Net margin 1.7%

Revenue INR 167.89B, +33,0% YoY; Operating income +96,3% YoY.

• ▍Revenue INR 167.89B, +33,0% YoY
• ▍Operating income +96,3% YoY
• ▍Net income +84,2% YoY
• ▍Free cash flow +114,7% YoY
• ▍Net margin 13.8%