Peer Group

Stock	Current Price Rs	PE TTM Price to Earnings	Market Capitalization in Cr	Dividend yield 1yr %	Net Profit Qtr Cr	Net Profit Annual Growth YoY %	Operating Revenues Qtr Cr	Revenue Growth Qtr YoY	Price to Book Value
Tata Chemicals Ltd. Market Leader	590.45	11.04	15045.85	2.12	315.28	-51.47	2896.94	5.56	0.99
Godrej Industries Ltd. Market Runner Up	426.50	41.89	14347.46	0.27	91.40	106.25	2845.06	-3.60	2.19
Vinati Organics Ltd.	2261.80	38.67	11623.62	0.31	82.36	96.33	290.74	9.82	11.06
Deepak Nitrite Ltd.	286.55	17.48	3908.54	0.70	107.28	65.41	550.36	30.72	3.69
Navin Fluorine Inter..	743.50	24.79	3676.94	1.05	39.46	-17.03	241.79	-0.54	3.47
Gujarat Alkalies & C..	461.85	5.10	3391.83	1.73	158.89	28.90	748.57	-0.57	0.79
GHCL Ltd.	211.65	5.15	2074.80	2.36	103.45	-0.95	875.87	16.07	1.06
Elantas Beck India L..	2325.90	36.90	1843.90	0.19	12.84	19.43	107.02	5.27	5.44

All values except ratios in INR(Crores)


Indicator	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017
Total Revenue Qtr cr	1,189.1	1,135.0	1,042.2	1,203.0	1,157.6	989.2	927.8	1,638.5	986.2
Operating Revenues Qtr Cr	1,031.4	1,059.0	1,019.0	1,013.6	995.8	918.3	912.0	1,597.8	925.4
Other Income Qtr Cr	157.7	75.9	23.2	189.4	161.8	70.9	15.8	40.6	60.8
Operating Expenses Qtr Cr	764.7	793.5	794.5	757.4	733.8	661.3	684.4	1,264.8	742.0
Operating Profit Qtr Cr	266.8	265.6	224.5	256.2	262.0	257.0	227.6	333.0	183.4
Operating Profit Margin Qtr %	25.86%	25.08%	22.03%	25.27%	26.31%	27.98%	24.96%	20.84%	19.82%
Depreciation Qtr Cr	36.9	37.6	36.0	36.4	33.2	31.9	31.0	36.3	38.0
Interest Qtr Cr	20.2	21.0	22.7	28.7	23.1	24.6	24.9	37.3	32.1
Profit Before Tax Qtr Cr	359.3	282.9	188.9	380.5	367.5	1,538.1	187.5	247.3	174.1
Tax Qtr Cr	104.8	52.5	60.6	85.3	103.6	96.2	34.7	90.9	51.9
Net Profit Qtr Cr	254.5	230.3	128.4	295.1	255.9	1,029.5	366.4	210.5	160.6
Basic EPS Qtr Rs	10.0	9.0	5.0	11.6	10.1	40.4	14.4	8.3	6.3
Net profit TTM Cr	908.3	909.7	1,708.9	1,946.9	1,862.3	1,767.0	898.4	742.0	650.3
Basic EPS TTM Rs	35.6	35.7	67.1	76.4	73.1	69.3	35.3	29.1	25.5

Quarterly Operating Revenues Qtr Cr Analysis

Operating Revenues Qtr Cr growth is lower than historical averages.

Quarterly Net Profit Qtr Cr Analysis

Net Profit Qtr Cr growth is higher than historical averages.


Indicator	Jun-2019	Mar-2019	Dec-2018	Sep-2018	Jun-2018	Mar-2018	Dec-2017	Sep-2017	Jun-2017
Total Revenue Qtr cr	2,984.8	2,845.3	2,927.9	3,084.0	2,850.8	2,628.8	2,591.1	3,505.4	2,591.1
Operating Revenues Qtr Cr	2,896.9	2,759.4	2,831.9	2,960.7	2,744.4	2,555.1	2,573.9	3,461.9	2,572.4
Other Income Qtr Cr	87.8	85.9	96.1	123.3	106.4	73.8	17.2	43.5	18.7
Operating Expenses Qtr Cr	2,304.5	2,228.5	2,360.6	2,358.6	2,253.5	2,042.6	2,011.3	2,722.7	2,122.6
Operating Profit Qtr Cr	592.5	530.9	471.2	602.0	490.9	512.4	562.6	739.2	449.8
Operating Profit Margin Qtr %	20.45%	19.24%	16.64%	20.33%	17.89%	20.06%	21.86%	21.35%	17.49%
Depreciation Qtr Cr	163.6	150.5	144.1	141.7	135.1	133.9	128.6	134.6	131.7
Interest Qtr Cr	94.4	85.1	97.2	92.1	88.7	85.5	89.4	91.4	91.6
Profit Before Tax Qtr Cr	414.3	479.0	298.5	491.6	373.5	1,638.2	421.3	504.0	245.3
Tax Qtr Cr	130.1	29.6	71.6	119.9	125.8	35.1	-187.4	144.6	62.4
Net Profit Qtr Cr	315.3	449.4	226.9	371.6	239.7	1,190.7	822.4	413.5	221.2
Basic EPS Qtr Rs	9.4	16.1	8.6	12.6	8.1	45.9	29.8	12.9	7.0
Net profit TTM Cr	1,363.2	1,287.6	2,029.0	2,624.4	2,666.3	2,647.8	1,786.2	1,263.0	1,151.7
Basic EPS TTM Rs	53.5	50.5	79.6	103.0	104.6	103.9	70.1	49.6	45.2

Quarterly Operating Revenues Qtr Cr Analysis

Operating Revenues Qtr Cr growth is higher than historical averages.

Quarterly Net Profit Qtr Cr Analysis

Net Profit Qtr Cr growth is lower than historical averages.

Annual Results

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	TTM	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Total Revenue Annual Cr	4,569.3	4,537.8	3,660.5	3,783.7	8,385.2	10,276.8	8,892.6	8,895.5	8,304.8	6,440.9
Operating Revenues Annual Cr	4,123.1	4,080.9	3,466.0	3,606.8	8,220.9	10,082.1	8,689.6	8,529.9	7,996.3	6,332.9
Other Income Annual Cr	446.2	456.9	194.5	176.9	164.4	194.8	202.9	365.6	308.6	108.0
Operating Expenses Annual Cr	3,110.1	3,079.2	2,543.8	2,749.1	7,249.4	9,043.2	7,761.8	7,483.5	6,972.5	5,439.4
Operating Profit Annual in Cr	1,013.0	1,001.7	922.2	857.7	971.4	1,038.8	927.9	1,046.4	1,023.8	893.5
Operating Profit Margin Annual %		22.07%	25.19%	22.67%	11.58%	10.11%	10.43%	11.76%	12.33%	13.87%
Total Expenses Annual Cr		3,318.0	2,756.9	2,979.7	7,618.1	9,422.7	8,105.9	7,901.0	7,407.4	5,845.3
Other Expenses Annual Cr	1,384.7	1,939.1	1,537.8	1,513.6	2,031.2	3,072.8	2,556.2	2,543.0	2,109.5	1,744.5
Employee Expenses Annual Cr	259.6	260.2	258.0	266.7	286.3	330.2	267.1	273.6	239.8	207.4
Cost Of Power Purchased Annual Cr	572.7	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cost Of Fuel Annual Cr		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBIDT Annual Cr		1,458.6	1,116.7	1,034.6	1,135.8	1,233.6	1,130.8	1,412.0	1,332.3	1,001.5
EBIDT margin Annual %		32.14%	30.51%	27.34%	13.55%	12.0%	12.72%	15.87%	16.04%	15.55%
Other Income Annual Cr	446.2	456.9	194.5	176.9	164.4	194.8	202.9	365.6	308.6	108.0
Interest Annual Cr	92.6	95.5	86.5	101.0	215.2	186.8	185.3	203.3	210.2	201.5
Depreciation Cr	147.0	143.2	126.5	129.6	153.5	192.7	158.8	214.3	224.7	204.5
Profit Before Tax Annual Cr	1,211.6	1,219.8	903.6	804.0	767.1	854.1	568.9	825.4	764.4	558.7
Tax Annual Cr	303.3	302.1	279.1	224.8	175.1	216.1	132.8	182.1	177.8	150.2
PAT Before ExtraOrdinary Items Annual Cr		917.7	624.5	579.2	592.0	638.0	436.1	643.3	586.6	408.5
Minority Interest Income Annual Cr
Net Profit Annual Cr	908.3	909.7	1,767.0	692.7	666.2	638.0	436.1	643.3	586.6	408.5
Net Profit Margin Annual %		22.29%	50.97%	19.2%	8.1%	6.32%	5.01%	7.54%	7.33%	6.45%
Basic EPS Annual Rs		35.7	69.4	27.2	26.1	25.0	17.1	25.3	23.0	16.3

Annual Total Revenue Annual Cr Analysis

Total Revenue Annual Cr growth is higher than historical averages.

1 Year:: 4,537.8 Cr
3 Years:: 3,994.01 Cr
5 Years:: 6,128.81 Cr
7 Years:: 6,918.87 Cr

Annual Net Profit Annual Cr Analysis

Net Profit Annual Cr growth is lower than historical averages.

1 Year:: 909.74 Cr
3 Years:: 1,123.14 Cr
5 Years:: 934.72 Cr
7 Years:: 821.85 Cr

Annual ROE Annual % Analysis

ROE Annual % is growing slower than historical averages.

1 Year:: 7.71 %
3 Years:: 10.38 %
5 Years:: 9.98 %
7 Years:: 9.95 %


Indicator	TTM	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Total Revenue Annual Cr	11,842.0	11,708.0	10,429.1	10,512.2	14,998.2	17,320.9	16,037.9	15,276.6	14,011.1	11,156.3
Operating Revenues Annual Cr	11,448.9	11,296.3	10,269.7	10,346.1	14,872.9	17,202.9	15,895.4	14,858.8	13,815.0	11,060.6
Other Income Annual Cr	393.1	411.6	159.5	166.1	125.3	118.0	142.4	417.8	196.1	95.8
Operating Expenses Annual Cr	9,252.3	9,201.3	8,079.0	8,251.8	12,781.2	15,045.5	14,086.0	12,695.9	11,539.6	9,196.6
Operating Profit Annual in Cr	2,196.6	2,095.1	2,190.7	2,094.3	2,091.7	2,157.4	1,809.4	2,162.9	2,275.4	1,863.9
Operating Profit Margin Annual %		17.89%	21.01%	19.92%	13.95%	12.46%	11.28%	14.16%	16.24%	16.71%
Total Expenses Annual Cr		10,135.8	8,922.6	9,061.2	13,832.7	15,962.7	15,136.5	13,693.7	12,475.3	9,998.5
Other Expenses Annual Cr	4,278.6	5,711.8	5,053.3	4,916.1	5,564.6	6,814.1	6,608.6	5,771.8	4,888.8	3,934.9
Employee Expenses Annual Cr	1,374.2	1,351.8	1,270.2	1,261.4	1,271.2	1,255.8	1,214.5	1,125.5	973.2	819.7
Cost Of Power Purchased Annual Cr	1,500.9	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cost Of Fuel Annual Cr		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBIDT Annual Cr		2,506.7	2,350.2	2,260.4	2,217.0	2,275.4	1,951.8	2,580.7	2,471.5	1,959.7
EBIDT margin Annual %		21.41%	22.53%	21.5%	14.78%	13.14%	12.17%	16.89%	17.64%	17.57%
Other Income Annual Cr	393.1	411.6	159.5	166.1	125.3	118.0	142.4	417.8	196.1	95.8
Interest Annual Cr	368.8	363.1	325.6	297.3	525.5	454.0	579.3	463.9	427.0	350.8
Depreciation Cr	599.9	571.4	518.0	512.2	526.1	463.1	471.2	533.9	508.7	451.1
Profit Before Tax Annual Cr	1,683.3	1,642.5	1,570.9	1,451.0	1,165.4	1,158.5	-518.9	913.0	1,383.4	1,121.0
Tax Annual Cr	351.3	346.9	60.1	345.9	248.4	351.1	288.8	302.5	343.9	274.9
PAT Before ExtraOrdinary Items Annual Cr		1,295.6	1,510.8	1,105.0	917.1	807.4	-807.7	610.5	1,039.5	846.0
Minority Interest Income Annual Cr	-248.2	-230.9	-269.4	-241.0	-235.6	-205.5	-221.0	-207.0	-199.5	-192.6
Net Profit Annual Cr	1,363.2	1,287.6	2,653.3	1,218.5	991.3	807.4	-807.7	610.5	1,039.5	846.0
Net Profit Margin Annual %		11.39%	25.83%	11.77%	6.66%	4.69%	-5.08%	4.1%	7.52%	7.64%
Basic EPS Annual Rs		45.4	95.5	39.0	30.3	23.4	-40.5	15.7	32.9	26.1

Annual Total Revenue Annual Cr Analysis

Total Revenue Annual Cr growth is higher than historical averages.

1 Year:: 11,707.97 Cr
3 Years:: 10,883.1 Cr
5 Years:: 12,993.68 Cr
7 Years:: 13,754.69 Cr

Annual Net Profit Annual Cr Analysis

Net Profit Annual Cr growth is lower than historical averages.

1 Year:: 1,287.64 Cr
3 Years:: 1,719.79 Cr
5 Years:: 1,391.61 Cr
7 Years:: 965.84 Cr

Annual ROE Annual % Analysis

ROE Annual % is growing slower than historical averages.

1 Year:: 9.36 %
3 Years:: 14.61 %
5 Years:: 13.16 %
7 Years:: 7.64 %

Financial Ratios

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Book Value Per Share Annual Rs	462.9	444.4	347.5	317.3	237.2	223.7	208.3	193.7	186.0
RoA Annual %	6.49%	12.46%	5.41%	5.07%	5.37%	3.91%	5.79%	5.43%	4.3%
ROE Annual %	7.71%	15.6%	7.82%	8.23%	10.55%	7.64%	12.12%	11.88%	8.61%
ROCE Annual %	10.85%	8.04%	8.83%	6.73%	7.92%	5.63%	9.6%	7.92%	5.37%
Profitability Ratio
EBDIT Annual Margin %	35.74%	32.21%	28.68%	13.81%	12.23%	13.01%	16.55%	16.66%	15.81%
EBIT Annual Margin %	32.23%	28.56%	25.09%	11.94%	10.32%	11.18%	14.04%	13.85%	12.58%
PBT Annual Margin %	29.89%	26.07%	22.29%	9.33%	8.47%	6.54%	9.67%	9.55%	8.82%
Net Profit Margin Annual %	22.29%	50.97%	19.2%	8.1%	6.32%	5.01%	7.54%	7.33%	6.45%
Asset Turnover Annual %	29.15%	24.45%	28.17%	62.66%	84.94%	78.04%	76.85%	74.08%	66.69%
Liquidity Ratio
Current Ratio Annual	2.4	3.0	1.7	1.5	1.3	1.3	1.1	1.2	1.3
Quick Ratio Annual	2.0	2.8	1.5	1.1	0.9	1.1	0.9	0.8	1.0
Dividend Payout to NP Annual %	73.71%	18.66%	43.54%	57.08%	49.91%	58.42%	39.6%	43.42%	62.36%
Dividend Payout CP Annual %	63.69%	17.42%	36.68%	46.39%	38.33%	42.82%	29.7%	31.4%	41.56%
Earning Retention Annual %	26.29%	81.34%	56.46%	42.92%	50.09%	41.58%	60.4%	56.58%	37.64%
Cash Earning Retention Annual %	36.31%	82.58%	63.32%	53.61%	61.67%	57.18%	70.3%	68.6%	58.44%
Valuation Ratio
EnterpriseValue Annual Cr	13,883.9	14,157.7	15,758.2	12,017.0	13,404.6	9,367.4	9,580.5	10,372.9	10,532.3
EV Per Net Sales Annual	3.4	4.1	4.4	1.5	1.3	1.1	1.1	1.3	1.7
Price To Book Value Annual	1.3	1.5	1.7	1.2	1.9	1.3	1.5	1.8	1.8
EV Per EBITDA Annual	9.5	12.7	15.2	10.6	10.9	8.3	6.8	7.8	10.5
Market Cap Per Sales Annual	3.7	5.0	4.2	1.2	1.1	0.8	1.0	1.1	1.4
Retention Ratio Annual %	26.28%	81.33%	56.45%	42.91%	50.08%	41.57%	60.39%	56.57%	37.63%
Earnings Yield Annual	0.1	0.1	0.0	0.1	0.1	0.1	0.1	0.1	0.0
Cash Earning Retention Annual %	36.31%	82.58%	63.32%	53.61%	61.67%	57.18%	70.3%	68.6%	58.44%
Total Debt to Total Equity Annual	0.0	0.1	0.2	0.4	0.4	0.5	0.5	0.5	0.6

Annual Book Value Per Share Annual Rs Analysis

Book Value Per Share Annual Rs growth is lower than historical averages.

1 Year:: 462.92 Rs
3 Years:: 418.28 Rs
5 Years:: 361.87 Rs
7 Years:: 320.19 Rs

Annual RoA Annual % Analysis

RoA Annual % is growing slower than historical averages.

1 Year:: 6.49 %
3 Years:: 8.12 %
5 Years:: 6.96 %
7 Years:: 6.36 %


Indicator	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Book Value Per Share Annual Rs	598.7	542.3	413.3	371.0	244.3	244.1	272.7	266.2	229.9
RoA Annual %	4.29%	9.4%	4.2%	3.16%	2.86%	-5.1%	1.97%	4.4%	4.18%
ROE Annual %	9.36%	21.91%	12.55%	11.24%	10.74%	-18.54%	6.24%	13.21%	11.98%
ROCE Annual %	8.43%	8.26%	9.7%	3.98%	4.3%	-6.85%	2.82%	6.05%	5.36%
Profitability Ratio
EBDIT Annual Margin %	22.19%	22.88%	21.84%	14.9%	13.22%	12.27%	17.36%	17.88%	17.71%
EBIT Annual Margin %	17.13%	17.84%	16.89%	11.36%	10.53%	9.31%	13.77%	14.2%	13.63%
PBT Annual Margin %	14.54%	15.29%	14.02%	7.83%	6.73%	-3.26%	6.14%	10.01%	10.13%
Net Profit Margin Annual %	11.39%	25.83%	11.77%	6.66%	4.69%	-5.08%	4.1%	7.52%	7.64%
Asset Turnover Annual %	41.98%	39.68%	43.81%	61.06%	82.68%	78.64%	73.42%	72.57%	70.76%
Liquidity Ratio
Current Ratio Annual	2.1	2.4	1.3	1.5	1.2	1.4	1.2	1.2	1.3
Quick Ratio Annual	1.6	2.0	1.1	1.1	0.8	1.1	1.0	0.9	0.9
Dividend Payout to NP Annual %	58.45%	13.86%	30.87%	49.73%	53.38%	-24.68%	63.62%	30.41%	38.98%
Dividend Payout CP Annual %	39.11%	11.43%	20.36%	29.55%	30.05%	-45.43%	27.26%	18.92%	23.06%
Earning Retention Annual %	41.55%	86.14%	69.13%	50.27%	46.62%	124.68%	36.38%	69.59%	61.02%
Cash Earning Retention Annual %	60.89%	88.57%	79.64%	70.45%	69.95%	145.43%	72.74%	81.08%	76.94%
Valuation Ratio
EnterpriseValue Annual Cr	21,068.5	21,013.3	21,301.0	19,411.9	17,473.7	14,581.3	13,860.8	13,521.5	12,798.0
EV Per Net Sales Annual	1.9	2.0	2.1	1.3	1.0	0.9	0.9	1.0	1.2
Price To Book Value Annual	1.2	1.6	1.9	1.4	2.0	1.3	1.3	1.4	1.6
EV Per EBITDA Annual	8.4	8.9	9.4	8.8	7.7	7.5	5.4	5.5	6.5
Market Cap Per Sales Annual	1.3	1.7	1.5	0.6	0.7	0.5	0.6	0.6	0.8
Retention Ratio Annual %	41.54%	86.13%	69.12%	50.26%	46.61%	124.68%	36.37%	69.58%	61.01%
Earnings Yield Annual	0.1	0.1	0.1	0.1	0.1	-0.1	0.0	0.1	0.1
Cash Earning Retention Annual %	60.89%	88.57%	79.64%	70.45%	69.95%	145.43%	72.74%	81.08%	76.94%
Total Debt to Total Equity Annual	0.4	0.5	0.6	1.2	1.3	1.5	1.1	0.9	0.9

Annual Book Value Per Share Annual Rs Analysis

Book Value Per Share Annual Rs growth is lower than historical averages.

1 Year:: 598.69 Rs
3 Years:: 518.1 Rs
5 Years:: 433.91 Rs
7 Years:: 383.77 Rs

Annual RoA Annual % Analysis

RoA Annual % is growing slower than historical averages.

1 Year:: 4.29 %
3 Years:: 5.96 %
5 Years:: 4.78 %
7 Years:: 2.97 %

Balance Sheet

Standalone
Consolidated

All values except ratios in INR(Crores)


Indicator	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Total ShareHolders Funds Annual Cr	11,796.2	11,324.1	8,855.5	8,086.3	6,043.3	5,701.2	5,307.3	4,935.5	4,740.7
Equity Share Capital Annual Cr	254.8	254.8	254.8	254.8	254.8	254.8	254.8	254.8	254.8
Total Share Capital Annual Cr	254.8	254.8	254.8	254.8	254.8	254.8	254.8	254.8	254.8
Reserves Plus Surplus Annual Cr	11,541.4	11,069.3	8,600.6	7,831.4	5,788.4	5,446.4	5,052.5	4,680.7	4,485.9
Total Reserves Plus Surplus Annual Cr	11,541.4	11,069.3	8,600.6	7,831.4	5,788.4	5,446.4	5,052.5	4,680.7	4,485.9
Minority Interest Liability Annual Cr
Total Non Current Liabilities Annual Cr	317.1	981.5	1,382.2	1,806.7	2,011.0	2,033.3	1,393.9	2,466.4	2,863.0
Deferred Tax Liabilities Annual Cr	189.8	172.1	138.6	156.3	191.2	215.6	124.8	88.7	159.7
Other LongTerm Liabilities Annual Cr	10.7	10.8	12.2	10.9	1.7	3.6	84.9	82.3	21.8
Total Current Liabilities Annual Cr	1,884.5	1,868.8	2,561.7	3,225.4	3,814.4	3,399.0	4,397.3	3,390.9	1,891.8
Trade Payables Annual Cr	568.6	425.4	511.7	685.6	1,848.4	1,373.0	1,217.1	1,719.7	988.0
Other Current Liabilities Annual Cr	1,111.8	1,345.5	1,344.6	804.1	372.8	388.0	1,492.4	1,090.1	474.7
Short Term Provisions Annual Cr	203.1	97.2	182.8	170.0	616.7	338.8	303.7	324.2	306.4
Total Capital Plus Liabilities Annual Cr	13,997.8	14,174.4	12,799.4	13,118.4	11,868.6	11,133.5	11,098.5	10,792.9	9,495.5
Fixed Assets Annual Cr	2,121.9	1,593.1	1,582.1	2,048.7	1,964.2	2,030.7	2,049.0	2,075.4	1,887.1
Tangible Assets Annual Cr	1,518.1	1,386.8	1,449.7	1,906.7	1,900.5	1,872.1	1,911.7	1,810.0	1,587.6
Intangible Assets Annual Cr	54.8	8.0	10.5	10.4	0.0	0.0	0.0	0.0	0.0
Capital Work In Progress Annual Cr	527.2	175.9	121.8	131.6	62.8	158.6	137.3	265.4	299.5
Total Non Current Assets Annual Cr	9,528.2	8,484.5	8,328.4	8,373.4	6,762.1	6,636.8	6,281.0	6,889.6	6,994.6
Non Current Investments Annual Cr	6,716.2	6,388.9	6,248.1	5,860.8	4,363.9	4,257.6	3,962.1	4,613.6	4,901.4
Deferred Tax Assets Annual Cr	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long Term Loans Plus Advances Annual Cr	1.1	1.4	1.1	2.4	421.3	332.3	267.1	194.3	189.2
Other Non Current Assets Annual Cr	688.9	501.1	497.1	461.5	12.7	16.1	2.8	6.3	16.8
Total Current Assets Annual Cr	4,469.6	5,689.9	4,471.0	4,744.6	5,106.6	4,496.7	4,817.6	3,903.2	2,501.0
Current Investments Annual Cr	2,146.3	0.0	0.0	0.0	0.0	0.3	0.3	0.3	0.3
Trade Receivables Annual Cr	184.8	140.4	1,031.7	2,554.0	2,486.3	2,401.8	2,484.9	1,490.5	724.5
Cash Plus Cash Equivalents Annual Cr	1,101.2	3,768.9	1,112.1	600.5	574.3	976.9	1,092.0	891.9	798.8
Short Term Loans Plus Advances Annual Cr	0.4	0.5	0.7	0.8	199.0	247.0	293.2	229.3	218.6
Other Current Assets Annual Cr	409.2	1,329.4	1,715.0	494.6	37.9	60.3	19.8	38.1	62.6
Total Assets Annual Cr	13,997.8	14,174.4	12,799.4	13,118.4	11,868.6	11,133.5	11,098.5	10,792.9	9,495.5
Contingent Liabilities plus Commitments Annual Cr	1,348.0	1,555.2	3,090.2	3,147.8	2,829.7	2,949.3	2,744.4	1,344.6	1,514.9
Bonus Equity Share Capital Annual Cr	105.4	105.4	105.4	105.4	105.4	105.4	105.4	105.4	105.4
Non Current Investments Unquoted BookValue Annual Cr	4,257.4	4,190.1	4,114.1	1,072.4	3,763.0	3,664.0	3,368.4	4,020.0	4,262.1
Current Investments Unquoted BookValue Annual Cr	2,146.3	0.0	0.0	0.0	0.0	0.3	0.3	0.3	0.3

Annual Long Term Debt To Equity Annual Analysis

Long Term Debt To Equity Annual growth is lower than historical averages.

1 Year:: -
3 Years:: 0.06
5 Years:: 0.13
7 Years:: 0.17

Annual Total Assets Annual Cr Analysis

Total Assets Annual Cr growth is lower than historical averages.

1 Year:: 13,997.79 Cr
3 Years:: 13,657.17 Cr
5 Years:: 13,191.7 Cr
7 Years:: 12,598.65 Cr


Indicator	Mar-2019	Mar-2018	Mar-2017	Mar-2016	Mar-2015	Mar-2014	Mar-2013	Mar-2012	Mar-2011
Total ShareHolders Funds Annual Cr	12,341.3	11,101.7	7,908.2	6,854.3	5,551.7	5,565.5	6,413.6	6,336.3	5,451.7
Equity Share Capital Annual Cr	254.8	254.8	254.8	254.8	254.8	254.8	254.8	254.8	254.8
Total Share Capital Annual Cr	254.8	254.8	254.8	254.8	254.8	254.8	254.8	254.8	254.8
Reserves Plus Surplus Annual Cr	12,086.5	10,846.9	7,653.4	6,599.5	5,296.9	5,310.7	6,158.7	6,081.4	5,196.9
Total Reserves Plus Surplus Annual Cr	12,086.5	10,846.9	7,653.4	6,599.5	5,296.9	5,310.7	6,158.7 <

Tata Chemicals Ltd.

Analyst Rating

No of reports

12

Recommendation upgrades

1

Recommendation downgrade

1

Price to Book Value

0.99

Operating Revenues Qtr Cr c

2,896.94 Cr

Net Profit Qtr Cr c

315.28 Cr

RSI

55.65

MFI

49.74

MACD

2.53

MACD signal

1.67

SMA 30

571.29

SMA 50

578.54

SMA 100

595.02

SMA 200

614.78

Promoter holding %

30.63

FII holding %

10.74

MF holding %

22.91

Institutional holding %

48.41

Peer Group

Write Query

Quarterly Results

Quarterly Operating Revenues Qtr Cr Analysis

Quarterly Net Profit Qtr Cr Analysis

Quarterly Operating Revenues Qtr Cr Analysis

Quarterly Net Profit Qtr Cr Analysis

Annual Results

Annual Total Revenue Annual Cr Analysis

Average Total Revenue Annual Cr

Annual Net Profit Annual Cr Analysis

Average Net Profit Annual Cr

Annual ROE Annual % Analysis

Average ROE Annual %

Annual Total Revenue Annual Cr Analysis

Average Total Revenue Annual Cr

Annual Net Profit Annual Cr Analysis

Average Net Profit Annual Cr

Annual ROE Annual % Analysis

Average ROE Annual %

Financial Ratios

Annual Book Value Per Share Annual Rs Analysis

Average Book Value Per Share Annual Rs

Annual RoA Annual % Analysis

Average RoA Annual %

Annual Book Value Per Share Annual Rs Analysis

Average Book Value Per Share Annual Rs

Annual RoA Annual % Analysis

Average RoA Annual %

Balance Sheet

Annual Long Term Debt To Equity Annual Analysis

Average Long Term Debt To Equity Annual

Annual Total Assets Annual Cr Analysis

Average Total Assets Annual Cr