---
title: "Tata Advanced Material Ltd (TATADVMATL) — Share Price, Financials & Analysis"
symbol: "TATADVMATL"
company: "Tata Advanced Material Ltd"
canonical: "https://tapetide.com/stocks/TATADVMATL"
generated_at: "2026-10-13T10:59:46.472Z"
---

# Tata Advanced Material Ltd (TATADVMATL)

Canonical page: https://tapetide.com/stocks/TATADVMATL

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tata.com/taml

## Latest Price

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 36.5%

### Weaknesses

- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -37% | 5% | 26% |
| revenue growth | -8% | -3% | 24% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 61 | 101 | 88 | 76 | 107 | 128 | 418 | 395 | 411 | 376 |
| Expenses | 71 | 109 | 127 | 97 | 122 | 139 | 360 | 312 | 321 | 310 |
| Operating Profit | -11 | -8 | -39 | -21 | -15 | -11 | 58 | 83 | 90 | 66 |
| OPM % | -17 | -8 | -45 | -28 | -14 | -9 | 14 | 21 | 22 | 18 |
| Other Income | 2 | 7 | 1 | 1 | 0 | 6 | 4 | 6 | 9 | 4 |
| Interest | 5 | 11 | 20 | 21 | 21 | 19 | 21 | 28 | 27 | 18 |
| Depreciation | 6 | 9 | 11 | 12 | 12 | 8 | 10 | 11 | 14 | 15 |
| Profit before tax | -19 | -21 | -69 | -53 | -47 | -32 | 32 | 50 | 59 | 37 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -19 | -21 | -69 | -53 | -47 | -32 | 32 | 50 | 59 | 37 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 142 | 142 | 142 | 142 | 142 | 142 | 142 | 142 | 142 | 142 |
| Reserves | -28 | -49 | -118 | -171 | -219 | -251 | -116 | -29 | 29 | 66 |
| Borrowings | 78 | 125 | 191 | 218 | 258 | 263 | 331 | 296 | 275 | 237 |
| Other Liabilities | 47 | 75 | 56 | 59 | 65 | 104 | 154 | 124 | 62 | 85 |
| Total Liabilities | 239 | 293 | 271 | 247 | 247 | 257 | 510 | 533 | 509 | 529 |
| Fixed Assets | 136 | 156 | 152 | 162 | 153 | 147 | 269 | 309 | 312 | 305 |
| CWIP | 14 | 5 | 19 | 2 | 1 | 8 | 29 | 10 | 1 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 89 | 132 | 99 | 84 | 93 | 102 | 213 | 214 | 195 | 223 |
| Total Assets | 239 | 293 | 271 | 247 | 247 | 257 | 510 | 533 | 509 | 529 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -21 | -17 | -29 | -5 | -17 | 6 | 31 | 60 | 60 | — |
| Cash from Investing Activity | -29 | -23 | -21 | -3 | -3 | -9 | -36 | -30 | -9 | — |
| Cash from Financing Activity | 50 | 42 | 48 | 8 | 21 | 10 | 5 | -30 | -47 | — |
| Net Cash Flow | 0 | 2 | -2 | 0 | 1 | 7 | 0 | 0 | 4 | — |
| Free Cash Flow | -51 | -40 | -71 | -8 | -20 | -3 | -6 | 30 | 51 | — |
| CFO/OP | 199 | 207 | 74 | 22 | 117 | -56 | 53 | 73 | 67 | — |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 294 | 194 | 200 | 130 | 128 | 111 | 88 | 74 | 68 | 83 |
| Inventory Days | 340 | 279 | 173 | 409 | 253 | 252 | 139 | 202 | 140 | 197 |
| Days Payable | 377 | 339 | 182 | 324 | 269 | 367 | 202 | 216 | 85 | 123 |
| Cash Conversion Cycle | 256 | 134 | 190 | 214 | 112 | -4 | 25 | 60 | 123 | 156 |
| Working Capital Days | 245 | 5 | -187 | -192 | -161 | -28 | 51 | 73 | 96 | 107 |
| ROCE % | -8 | -5 | -23 | -16 | -15 | -8 | — | 20 | 20 | 12 |

## Filings & Documents

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2021-05-07 | Credit rating update — CRISIL |
| 2020-11-27 | Credit rating update — CRISIL |
| 2020-08-31 | Credit rating update — CRISIL |
| 2020-06-02 | Credit rating update — CRISIL |
| 2020-03-04 | Credit rating update — CRISIL |
| 2019-12-12 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:46.472Z.