Tata Chemicals Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TATACHEM, BSE:500770 Tata Chemicals Ltd.

Tata Chemicals Ltd.

29 Oct 2021

964.15

0.44%

Tata Chemicals

Buy: Tata Chemicals Ltd.

Recommendation Target

ICICI Securities Limited

Under basic chemical, TCL offers soda ash, soda bicarbonate, cement, salt, marine chemicals and crushed refined soda, while speciality chemical consists solution towards agro chemical through Rallis and other specialty...

Tata Chemicals Ltd. is trading above all available SMAs

Tata Chemicals Ltd.

11 Aug 2021

964.15

0.44%

TATA CHEMICALS

Buy: Tata Chemicals Ltd.

Recommendation Target

Geojit BNP Paribas

Rising spot prices and demand recovery should aid company performance, with margins set to improve further. We remain positive on the stock and upgrade our rating to BUY with a revised target price...

Number of FII/FPI investors decreased from 277 to 270 in Jun 2025 qtr

Tata Chemicals Ltd.

07 Aug 2021

964.15

0.44%

Tata Chemicals

Hold: Tata Chemicals Ltd.

Target

ICICI Securities Limited

Tata Chemicals Ltd. has an average target of 1027.00 from 2 brokers.

Tata Chemicals Ltd.

11 May 2021

964.15

0.44%

TATA CHEMICALS

Hold: Tata Chemicals Ltd.

Target

Geojit BNP Paribas

With Company's domestic operations returning to normalcy, we expect realisations to improve from hereon. At current price levels however, we see limited upside to the stock and downgrade our rating to HOLD with a revised target price of Rs. 735 based on 17x FY23E adj. EPS. Higher volumes aid topline; Margins slip on lower realisations Q4FY21 revenue rose 10.9% YoY to Rs. 2,636cr, aided by growth across all segments. Revenue from sales of Basic chemistry products (BCP) went up 5.6% YoY to Rs. 2,111cr, while that of Specialty products rose 37.6% YoY to Rs. 520cr. Agro science...

Number of FII/FPI investors decreased from 277 to 270 in Jun 2025 qtr

Tata Chemicals Ltd.

05 May 2021

964.15

0.44%

Too much optimism built in!

Neutral: Tata Chemicals Ltd.

Recommendation Target

Motilal Oswal

Tata Chemicals (TTCH)'s consolidated EBITDA came in below our estimates largely dragged down by North America (NA) and Europe due to the absence of operating leverage and one-time costs. In the last six months, TTCH has rallied ~126%, whereas the Nifty has appreciated by ~20%. This outperformance is largely attributable to its plans to enter into the Energy Science biz. (EV cell manufacturing) GOI has announced the PLI incentive for the EV Battery business, but plans are yet to be finalized (highlighted by the mgmt. during the 4QFY21 call)....

Number of FII/FPI investors decreased from 277 to 270 in Jun 2025 qtr

Tata Chemicals Ltd.

02 Feb 2021

964.15

0.44%

TATA CHEMICALS

Accumulate: Tata Chemicals Ltd.

Target

Geojit BNP Paribas

Demand push should aid volume growth in the coming months. Sales realisations are expected to rise from current levels in the coming months. We reiterate our ACCUMULATE rating on the stock with a rolled forward target price of Rs. 552 based on 15x FY23E adj. EPS. Topline flat sequentially, but PAT doubles on improved margins Q3FY21 consolidated revenue stood at Rs. 2,606cr (-0.1% QoQ, -0.7% YoY) owing to lower sales realisations despite a positive demand uptick seen in products such as soda ash, salt, cement, etc. Among its abroad operations, UK and Africa businesses recorded...

Number of FII/FPI investors decreased from 277 to 270 in Jun 2025 qtr

Tata Chemicals Ltd.

31 Jan 2021

964.15

0.44%

Recovery in soda ash demand on the way

Buy: Tata Chemicals Ltd.

Target

Motilal Oswal

TTCH's consolidated EBITDA was ahead of our estimate, even after adjusting for one-time insurance gain. EBITDA performance was above our estimates across geographies (barring Europe). Performance in North America was hit by a fall in exports and pressure on realizations. Its India operations clocked higher volumes, but margin was impacted due to pressure on realization. Factoring in 3Q performance, we have raised our FY21E earnings estimate by 20% and by 12% each for FY22E/FY23E on the back of an expansion at the Mithapur plant. Maintain Buy with a SoTP-based TP of INR547/share....

Number of FII/FPI investors decreased from 277 to 270 in Jun 2025 qtr

Tata Chemicals Ltd.

31 Oct 2020

964.15

0.44%

North America/India drag overall performance

Buy: Tata Chemicals Ltd.

Target

Motilal Oswal

Tata Chemicals' (TTCH) operating performance was muted across geographies (barring Europe). This was primarily led by North America and India, where EBITDA declined 48% and 40% respectively. The Soda Ash segment's performance was impacted by reduction in demand from the end user industry (largely for flat and container glass). Factoring in the miss to our estimates (due to one-time cost) and weak end-user industry demand scenario, we cut our EBITDA estimates by 6% for FY21 while...

Number of FII/FPI investors decreased from 277 to 270 in Jun 2025 qtr

Tata Chemicals Ltd.

31 Oct 2020

964.15

0.44%

Tata Chemicals

Hold: Tata Chemicals Ltd.

Target

ICICI Securities Limited

North America (NA) mainly caters to Latin America and South East Asia in terms of exports market. The NA region recorded export sales volume fall of 33% YoY to 197,000 MT. The management believes that subdued exports sales volumes were partly was on account of higher Covid-19 cases in Brazil, which impacted production value chain across end user industries and thereby pressurised demand for soda ash. Further, lower construction activity in southern Asian countries along with increase in supply from China depressed realisations for soda ash. Hence, this impacted the performance...

Tata Chemicals Ltd. has an average target of 1027.00 from 2 brokers.

Tata Chemicals Ltd.

04 Aug 2020

964.15

0.44%

Tata Chemicals

Hold: Tata Chemicals Ltd.

Target

ICICI Securities Limited

Flat glass demand likely to improve by end of this fiscal Due to lockdown, there was a slowdown in construction activity primarily due to labour/demand related issues. Further, there was a slowdown in auto activity also, impacting demand for flat glass and, thereby, soda ash consumption. Flat glass is estimated to comprise ~50% of soda ash demand. The management believes flat glass demand would improve by end of this fiscal and can support better demand growth from next year. Further, majority of the new capacity from China, North America has been...

Tata Chemicals Ltd. has an average target of 1027.00 from 2 brokers.

Is Tata Chemicals Ltd. worth buying?

1137 Votes:

Buy 78.72%

Sell 12.14%

Hold 9.15%

RESEARCH REPORTS

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Neutral SEE REPORTS >

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