Tata Chemicals Share Price

Tata Chemicals MD and CEO R Mukundan succeeds Rajiv Memani as CII president, while Suchitra Ella and Shashwat Goenka join as office bearers

• Business Standard
• 2 weeks 3 days ago

Conference Call with Tata Chemicals Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 3 weeks 3 days ago

Commodity Chemicals company Tata Chemicals announced Q4FY26 & FY26 results Q4FY26 Consolidated Financial Highlights: Revenue from operations at Rs 3,438 crore, down by 2% compared to Q4FY25, driven by lower realization (mainly due to lower exports from the US), offset by higher volumes in India. EBITDA at Rs 274 crore as compared to Rs 327 crore in Q4FY25, mainly on account of subdued pricing across all geographies and an increase in fixed cost (also due to steep depreciation of the Indian Rupee) as compared to Q4FY25. An exceptional charge of Rs 1,837 crore is provided on account of impairment of goodwill in the US & Rs 159 crore of deferred tax assets write off. Profit After Tax (before exceptional items and NCI) at Rs (279) crore compared to Rs (12) crore for Q4FY25. Net debt (without leases) as on March 31, 2026, stood at Rs 5,961 crore. 50 kT Electric calciner soda ash plant in Kenya was operationalized. Acquisition of Novabay Pte. Limited, Singapore, completed on 19th March 2026. FY26 Consolidated Financial Highlights: Revenue from operations at Rs 14,584 crore, down by 2% compared to FY25, due to pricing pressure in all regions and lower volumes except India & Kenya. EBITDA at Rs 1,805 crore as compared to Rs 1,953 crore in FY25, on account of lower realization but supported by lower fixed cost (despite steep depreciation of Indian Rupee) including due to cessation of Lostock operations in the UK. An exceptional charge of Rs 1,956 crore is provided on account of impairment of goodwill in the US, impact of labour code in India, and costs on account of the UK Soda ash plant. Rs 182 crore of deferred tax assets write off in US. Profit After Tax (before exceptional items and NCI) at Rs 241 crore compared to Rs 479 crore for FY25. Non-Soda Ash revenue grown by 14% over FY25 in line with Company’s focus to grow non-cyclical business. During the year, Pearl Silica facility with a capacity of 3,000 MTPA at Cuddalore, Tamil Nadu, and FOS L55 facility with a capacity of 4,500 MTPA at Mambattu were commissioned. 5 MW solar plant, Solar Pond and 50 kT Electric calciner soda ash plant in Kenya was operationalized. Q4FY26 Standalone Financial Highlights: Revenuefromoperations stoodatRs 1,254crore, up by 3% compared to Q4FY25 due to higher volumes. EBITDA at Rs 216 crore, down by 6% compared to Q4FY25, lower realization and increase in fixed costs. Profit After Tax from continuing operations was Rs 48 crore, down by 51% compared to Q4FY25. Mithapur Gujarat facility achieved production of 1 MTPA of Soda Ash in FY26. FY26 Standalone Financial Highlights: Revenue from operations stood at Rs 4,831 crore, up by 9% compared to FY25 due to higher volumes, however realisations impacted due to pricing conditions in markets. EBITDA at Rs 954 crore, up by 17% compared to FY25, effect of higher volumes and cost control measures taken. Profit After Tax (before exceptional items) from continuing operations was Rs 620 crore, up by 18% compared to FY25. Mukundan, Managing Director & CEO, Tata Chemicals, said: “During Q4FY26 the global soda ash markets remained adequately supplied and the supply overhang continue to exert pressure on pricing. The challenging external environment amid ongoing geopolitical tensions in the Middle East led to uncertainty and limited visibility on any immediate change in market conditions. Despite the challenging external environment, the Company’s standalone performance has been supported by higher volumes and disciplined cost management, resulting in a resilient operating performance. Mithapur facility (India) achieved production of 1 MTPA of Soda Ash during FY26. However, the Company’s consolidated performance has been sharply impacted by continuing unsustainable unremunerative prices across geographies particularly in Southeast Asia. In US, impairment charge of Rs 1,837 crore of goodwill & Rs 182 crore of deferred tax assets write-off recognized amidst the current soda ash export market conditions. We successfully completed the acquisition of Novabay Pte. Limited, Singapore during the quarter, as announced earlier. This acquisition aligns with our strategy of expanding high-margin specialty chemicals and strengthening our presence in key global markets. It enhances our ability to offer differentiated, value-added solutions and supports our long-term growth agenda. The Board also approved a Rs 100 crore investment to debottleneck salt capacity at our Mithapur plant by 82,500 TPA. This will strengthen our core consumer products portfolio and support long-term, sustainable growth while meeting rising demand for high-quality iodised salt. In the midst of a challenging and volatile operating environment, our focus remains resolutely on safeguarding margins, preserving cash flows, and maintaining a strong and resilient balance sheet. We are navigating this phase with prudence and disciplined capital deployment. These actions are aimed at reinforcing the Company’s financial strength and positioning us to emerge from the current cycle with sustained stability and long-term value creation for our investors.” Result PDF

• Trendlyne
• 3 weeks 4 days ago