Tata Chemicals Ltd (NSE: TATACHEM): Last week, there was a huge rise in the shares of many Tata Group companies. But this momentum may slow down next week. According to the report, Tata Sons is trying to avoid launching an IPO.
Its worst impact will be on Tata Chemicals the most. Let us tell you, there was a rise of 36 percent in the shares of Tata Chemicals in 4 days.
What Is The Matter?
Under Reserve Bank of India rules, Tata Sons will have to be listed by September 2025. The group is trying to avoid this.
According to the report, Tata Sons had also filed a petition with the Reserve Bank of India. But this petition to avoid listing was canceled by the Reserve Bank.
According to a report, Tata Sons is exploring options to restructure its balance sheet to avoid listing. If Tata Sons is successful in restructuring the loan by repaying the loan and transferring its holding in Tata Capital to another entity.
In such a situation it can be deregistered as an investment or upper-layer NBFC. This will avoid fetching group listings.
There Was A Huge Rise In The Shares Of These Tata Companies
The company that could be worst affected by this entire incident is Tata Chemicals. At present, the total stake of Tata Chemicals in Tata Sons is 3 percent.
Let us tell you, last week the shares of Automobile Corporation of Goa, Tata Investment Corporation, Railways India, and Tata Power Company saw a rise of 33 percent, 28 percent, and 14 percent, and Tata Power shares a rise of 13 percent respectively.
Let us tell you, that no official statement has been issued by Tata Group regarding the IPO of Tata Sons. But after the reports surfaced, people started buying shares of Tata Group companies last week.
About Tata Chemicals Ltd Company
Tata Chemicals Limited is an Indian company. It is a chemist who offers sustainable solutions.
The segments of the Company comprise Basic Chemistry Products and Specialty Products.
The primary Chemistry Products segment comprises inorganic chemical compounds, like salt, soda ash as well as sodium bicarbonate.
Inorganic chemicals are used in industries like glass (automotive architectural, automotive, and container) detergent food, pharma animal feed, industrial chemicals, and so on.
It runs manufacturing facilities across 4 continents: North America (United States of America), Europe (United Kingdom), Africa (Kenya) and Asia (India).
The Specialty Products segment includes three products that include specialty silica, prebiotics as well as Agri inputs.
Its silica-specific range is used in the rubber, food tire, and food industry. The prebiotics and formulations it offers are geared towards food as well as animal feed and pharmaceutical applications.
The company’s subsidiary is Rallis India Limited.
Fundamental Analysis of Tata Chemicals Ltd
| Market Cap | ₹ 33,507 Cr. |
| Current Price | ₹ 1,315 |
| 52-wk High | ₹ 1,350 |
| 52-wk Low | ₹ 922 |
| Stock P/E | 19.3 |
| Book Value | ₹ 840 |
| Dividend | 1.33 % |
| ROCE | 11.6 % |
| ROE | 12.0 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.57 |
| OPM | 20.5 % |
| EPS | ₹ 71.7 |
| Debt | ₹ 6,048 Cr. |
| Debt to Equity | 0.28 |
Tata Chemicals Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 1400 | ₹ 1584 |
| 2025 | ₹ 1600 | ₹ 1684 |
| 2026 | ₹ 1742 | ₹ 1842 |
| 2027 | ₹ 1900 | ₹ 1945 |
| 2028 | ₹ 1955 | ₹ 1980 |
| 2029 | ₹ 2014 | ₹ 2215 |
| 2030 | ₹ 2315 | ₹ 2400 |
Tata Chemicals Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 37.98% |
| Mar 2023 | 37.98% |
| June 2023 | 37.98% |
| Sept 2023 | 37.98% |
| Dec 2023 | 37.98% |
| FII Holding | |
| Dec 2022 | 14.43% |
| Mar 2023 | 14.59% |
| June 2023 | 14.47% |
| Sept 2023 | 14.16% |
| Dec 2023 | 14.07% |
| DII Holding | |
| Dec 2022 | 18.97% |
| Mar 2023 | 19.77% |
| June 2023 | 19.91% |
| Sept 2023 | 20.91% |
| Dec 2023 | 20.44% |
| Govt. Holding | |
| Dec 2022 | 0.03% |
| Mar 2023 | 0.03% |
| June 2023 | 0.03% |
| Sept 2023 | 0.03% |
| Dec 2023 | 0.03% |
| Public Holding | |
| Dec 2022 | 28.60% |
| Mar 2023 | 27.64% |
| June 2023 | 27.63% |
| Sept 2023 | 26.92% |
| Dec 2023 | 27.49% |
Tata Chemicals Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 10,337 Cr |
| 2020 | ₹ 10,357 Cr |
| 2021 | ₹ 10,200 Cr |
| 2022 | ₹ 12,622 Cr |
| 2023 | ₹ 16,353 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 1,387 Cr |
| 2020 | ₹ 7,228 Cr |
| 2021 | ₹ 436 Cr |
| 2022 | ₹ 1,405 Cr |
| 2023 | ₹ 1,968 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.42 |
| 2020 | 0.42 |
| 2021 | 0.38 |
| 2022 | 0.37 |
| 2023 | 0.31 |
Last 10 Years’ Profit Growth:
| 10 Years: | 17% |
| 5 Years: | -1% |
| 3 Years: | -31 |
| Current Year: | -17 |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 14% |
| 5 Years: | 16% |
| 3 Years: | 8% |
| Last Year: | 12% |
Sales Growth Over 10 Years:
| 10 Years: | 1% |
| 5 Years: | 10% |
| 3 Years: | 17% |
| Current Year: | 3% |
Conclusion
This article is a complete guide about Tata Chemicals Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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