T

Tanfac Industries Ltd

TANFACINDUSTRIESLTD NSE

Key Fundamentals

MicrocapCommodity ChemicalsChemicals
Market Cap
₹7,321 Cr
Volatility
High Risk
P/E Ratio
108.9
EBITDA
₹112 Cr
Return on Equity
28.25%
Debt to Equity
0.25
Book Value
₹293.82
EPS
₹45.53
52W High
₹3,648
52W Low
₹1,632.6

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Tanfac Industries Ltd insights

35 extracted metrics + investor summaries across FY14–FY25.

Log in — free

Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

3
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.2%
  • Company's median sales growth is 22.4% of last 10 years
  • Company's working capital requirements have reduced from 54.5 days to 42.9 days

Weaknesses

2
  • Stock is trading at 18.6 times its book value
  • Promoter holding has decreased over last quarter: -3.09%

Growth Rate

Revenue Growth
27.00% ↗
Net Income Growth
-17.68% ↘
Cash Flow Change
-4.06% ↘
ROE
24.07% ↗
ROCE
26.60% ↗
EBITDA Margin (Avg.)
-33.26% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 18d ago
AI opinion · based on fundamentals
Risk high

Tanfac Industries is a nearly debt-free specialty chemicals company with a market cap of ₹6,262 Cr, trading at a PE of 89.8x and 9.75x book value. The company has delivered strong historical profit growth (39% CAGR over 5 years) and maintains a healthy ROE of ~30-32%, but recent TTM profit growth has turned negative at -4%.

Bull Case 8
  • Company is almost debt-free, providing financial flexibility and low interest burden in a rising rate environment
  • Strong 5-year compounded profit growth of 39% CAGR demonstrates sustained earnings momentum over a longer horizon
  • Consistent return on equity of 30-32% over the last 3-5 years indicates efficient capital allocation and high-quality operations
  • TTM sales growth of 41% suggests robust demand and revenue acceleration in the current period
  • 10-year stock CAGR of 62% reflects long-term wealth creation for shareholders
  • 5-year compounded sales growth of 28% shows the company has been scaling revenues meaningfully over the medium term
  • Company is expected to deliver a good upcoming quarter, indicating near-term operational strength
  • 10-year compounded profit growth of 33% demonstrates the company's ability to grow earnings across market cycles
Bear Case 8
  • PE ratio of 89.8x is extremely elevated for a chemicals company, leaving little margin of safety if growth disappoints
  • TTM profit growth has turned negative at -4% despite 41% sales growth, indicating margin compression or rising costs
  • Price-to-book ratio of 9.75x is very high, meaning the stock is priced at a significant premium to its net asset value
  • Stock has delivered only 1% return over the past 1 year, suggesting the market may be repricing growth expectations downward
  • Dividend yield of just 0.31% provides minimal income cushion for investors during periods of capital depreciation
  • 3-year compounded profit growth of 18% is decelerating compared to the 5-year figure of 39%, signaling a potential slowdown in earnings trajectory
  • At ₹6,262 Cr market cap with current earnings implied at roughly ₹70 Cr (market cap/PE), any earnings miss could trigger sharp derating
  • Revenue growth decelerated from 28% (5-year CAGR) to 20% (3-year CAGR) before the recent TTM spike, raising questions about sustainability of the 41% TTM figure

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 15d ago
Headwinds 1
  • PAT decline on input costs Jul 24

    Q1FY27 PAT fell to ₹16.8 crore due to higher sulphur prices and geopolitical disruptions impacting margins despite revenue growth.

Positives 2
  • Revenue up 6.3% YoY Jul 24

    Q1FY27 revenue grew to ₹187.2 crore, up 6.3% YoY, driven by Solar Grade DHF demand.

  • Preferential share issue approved Jul 30

    EGM approved preferential issue of up to 4,24,647 equity shares, signaling capital raise for growth initiatives.

Neutral 3
  • Q1FY27 earnings call hosted Jul 27

    Audio recording of earnings conference call for quarter ended June 30, 2026 made available on company website.

  • Earnings call scheduled Jul 21

    Company announced Q1 FY27 earnings call for July 27, 2026 at 3:00 PM IST with key management presenting.

  • Director reappointed at EGM Jul 30

    Dr. D. Karthikeyan reappointed as director at the EGM held on July 30, 2026.

TL;DR: Tanfac Industries is growing its topline steadily at 6.3% YoY, aided by Solar Grade DHF, but profitability is under pressure from elevated sulphur costs and geopolitical headwinds. The preferential share issue signals management confidence in future capex or expansion plans. The key risk remains input cost volatility squeezing margins. Trend is mixed — revenue trajectory is positive but earnings quality needs to recover in coming quarters.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
106
81
88
103
95
112
178
172
176
169
173
193
187
Expenses
82
66
73
86
80
84
128
136
147
142
147
163
159
Operating Profit
24
16
15
16
16
27
50
36
29
27
26
30
29
OPM %
23%
19%
17%
16%
16%
24%
28%
21%
16%
16%
15%
16%
15%
Other Income
3
2
1
2
1
1
0
1
1
1
0
1
1
Interest
0
0
0
0
0
0
1
1
1
1
1
1
1
Depreciation
2
2
2
2
2
2
3
4
4
4
5
5
5
PBT
25
15
14
16
15
26
46
31
25
23
20
25
24
Tax %
26%
26%
26%
23%
25%
26%
25%
27%
21%
24%
23%
28%
29%
Net Profit
18
11
10
13
11
19
35
23
19
17
16
18
17
EPS in Rs
9.2
5.68
5.04
6.34
5.64
9.66
17.4
11.37
9.68
8.59
7.78
9.04
7.94
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
120
133
126
162
222
165
148
320
375
378
557
711
722
Expenses
112
125
112
141
169
138
115
244
299
306
426
599
611
Operating Profit
8
9
14
21
53
27
33
76
76
72
131
112
112
OPM %
7%
7%
11%
13%
24%
16%
22%
24%
20%
19%
24%
16%
15%
Other Income
1
4
1
0
1
1
1
3
8
7
3
2
2
Interest
10
8
7
7
4
2
1
2
2
2
5
4
4
Depreciation
6
5
5
5
8
5
8
6
6
7
10
17
18
PBT
-7
0
3
10
42
22
25
72
75
70
119
93
92
Tax %
-20%
-8%
0%
1%
14%
22%
30%
26%
26%
25%
26%
24%
—
Net Profit
-5
0
3
10
36
17
17
53
56
52
88
70
68
EPS in Rs
-2.64
0.2
1.64
4.84
17.98
8.48
8.74
26.64
28.06
26.24
44.08
35.16
33.35
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
17%
12%
13%
10%
13%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
10
10
10
10
10
10
10
10
10
10
10
10
Reserves
-10
-10
-7
3
38
55
73
124
174
220
302
363
Borrowings
69
61
54
43
12
0
0
0
0
0
41
93
Other Liabilities
26
30
20
29
48
24
37
49
68
71
73
62
Total Liabilities
95
91
77
86
107
89
120
182
252
301
426
528
Fixed Assets
53
49
45
41
34
33
40
40
55
61
168
212
CWIP
0
0
0
0
1
6
3
12
6
29
8
29
Investments
0
0
1
1
1
1
23
42
67
67
9
19
Other Assets
42
42
31
44
71
49
55
88
124
145
242
269
Total Assets
95
91
77
86
107
89
120
182
252
301
426
528
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
9
16
16
17
37
22
37
44
43
34
33
43
Investing
0
-1
-1
-1
-3
-9
-34
-35
-40
-30
-42
-91
Financing
-10
-15
-15
-17
-34
-12
-1
-5
-6
-7
32
38
Net Cash Flow
0
0
0
0
0
0
2
5
-3
-3
23
-9
Free Cash Flow
9
15
15
17
35
11
29
29
28
-2
-64
-39
CFO/OP
111
183
105
73
83
99
121
82
79
73
47
57
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
52
54
46
44
38
40
40
28
49
59
65
57
Inventory Days
106
82
66
75
107
75
134
91
89
100
112
76
Days Payable
89
97
69
74
90
47
142
76
78
77
48
21
Cash Conversion Cycle
68
39
42
45
54
67
31
43
60
82
129
112
Working Capital Days
-150
-124
-109
-53
35
65
36
33
46
59
62
43
ROCE %
4%
7%
18%
29%
78%
37%
35%
67%
48%
33%
42%
24%

Shareholding Pattern

As of Jul 2026
Promoters 48.74%
Others 23.08%
Public 21.88%
DIIs 4.79%
FIIs 1.52%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters
50.98%
50.98%
50.98%
50.98%
50.98%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
51.81%
48.74%
48.74%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.15%
0.08%
0.12%
0.10%
0.03%
1.53%
1.52%
DIIs
0.06%
0.06%
0.06%
0.06%
0.06%
0.06%
0.06%
0.06%
0.06%
0.06%
0.06%
0.06%
0.11%
0.19%
0.39%
0.39%
0.42%
0.39%
0.42%
0.39%
0.33%
4.16%
4.79%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
26.49%
26.80%
26.16%
25.96%
0.00%
24.92%
22.57%
22.28%
22.24%
21.84%
21.89%
23.96%
24.63%
24.51%
23.84%
23.92%
24.26%
24.56%
24.65%
24.81%
23.18%
21.87%
21.88%
Others
22.48%
22.16%
22.81%
23.00%
48.97%
23.20%
25.56%
25.85%
25.89%
26.29%
26.23%
24.16%
23.45%
23.49%
23.96%
23.88%
23.36%
23.17%
23.00%
22.89%
24.65%
23.71%
23.08%
No. of Shareholders
13,425
13,291
15,188
15,075
15,250
15,134
14,670
13,988
14,380
15,634
15,871
16,574
18,509
18,252
19,114
17,701
18,006
18,669
19,300
18,948
16,254
16,393
16,452

Documents

Frequently Asked Questions about Tanfac Industries Ltd

What does Tanfac Industries Ltd do?
Incorporated in 1972, Tanfac Industries Ltd is amongst the leading producers of Hydrofluoric Acid and its derivatives.
Where is Tanfac Industries Ltd (TANFACINDUSTRIESLTD) listed?
Tanfac Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: TANFACINDUSTRIESLTD and BSE: TANFACIND. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Tanfac Industries Ltd belong to?
Tanfac Industries Ltd operates in the Chemicals sector within the Commodity Chemicals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Tanfac Industries Ltd?
Tanfac Industries Ltd has a market capitalisation of approximately ₹7321.48 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Tanfac Industries Ltd?
The Price-to-Earnings (PE) ratio of Tanfac Industries Ltd is 108.90. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Tanfac Industries Ltd?
Over the past 52 weeks, Tanfac Industries Ltd has traded between a low of ₹1,632.6 and a high of ₹3,648. This range helps investors understand the stock's price volatility and recent trading levels.
Does Tanfac Industries Ltd pay dividends?
Yes, Tanfac Industries Ltd has a dividend yield of 0.26%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Tanfac Industries Ltd?
Tanfac Industries Ltd has a Return on Equity (ROE) of 28.25%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Tanfac Industries Ltd on Tapetide?
On Tapetide, you can view Tanfac Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Incorporated in 1972, Tanfac Industries Ltd is amongst the leading producers of Hydrofluoric Acid and its derivatives.

Website tanfac.com
CEO Mr. Hemango Gupta
Employees 178
Face Value ₹ 5

Explore More

More in Chemicals → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List