Tuticorin Alkali Chemicals And Fertilizers Ltd (506808)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Tuticorin Alkali's revenue was ₹80.7 Cr (+6.0% year on year, -3.3% on the previous quarter), and net profit ₹6.7 Cr (-31.8% year on year); the operating margin was 13.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹80.7 | +6.0% | -3.3% |
| Operating profit | ₹10.7 | -42.6% | -17.6% |
| Net profit | ₹6.7 | -31.8% | -16.0% |
| EPS (₹) | 0.55 | -32.1% | -16.7% |
| Operating margin | 13.3% | — | — |
📢 Recent Corporate Announcements
Tuticorin Alkali Chemicals and Fertilizers Ltd has updated its list of Senior Management Personnel (SMP) effective August 12, 2026, following a Board meeting. The revised list identifies six key individuals across finance, secretarial, operations, procurement, services, and maintenance functions. This disclosure aligns with the SEBI Master Circular dated January 30, 2026, ensuring regulatory transparency regarding the leadership team managing the company's Rs 338 Cr TTM revenue operations. No specific departures or new external hires were detailed, suggesting a routine re-classification or confirmation of the existing leadership structure.
- 6 Senior Management Personnel (SMP) officially designated for the 2026-27 period.
- Effective date for the revised management list is August 12, 2026.
- Key roles identified include Chief Financial Officer (Prembabu D) and Company Secretary (Vijayalakshmi C S).
- Operational leadership includes heads for Procurement, Maintenance, and Services at the DGM and AGM levels.
Tuticorin Alkali Chemicals and Fertilizers Ltd held a board meeting on August 12, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The company has scheduled its 53rd Annual General Meeting (AGM) for September 25, 2026, at 5:00 PM via video conferencing. The Board also approved the annual report for the fiscal year 2025-26. This filing is a routine regulatory requirement following the conclusion of the quarterly board meeting.
- 53rd Annual General Meeting (AGM) to be held on September 25, 2026
- Board meeting conducted on August 12, 2026, lasting 2 hours (2:00 PM to 4:00 PM)
- Approval of un-audited financial results for the quarter ended June 30, 2026
- Approval of the Board's report for the financial year 2025-26
- Company maintains a market capitalization of approximately ₹736 Cr
Tuticorin Alkali Chemicals approved its unaudited financial results for the quarter ended June 30, 2026, during a board meeting on August 12, 2026. The company also scheduled its 53rd Annual General Meeting (AGM) for September 25, 2026, via video conferencing. This follows a fiscal year (FY26) where the company reported a revenue of Rs 338 Cr and a net profit of Rs 37 Cr. The board also approved the annual report for the 2025-26 period, maintaining its focus on energy cost optimization and green energy transition.
- Board approved unaudited financial results for the quarter ended June 30, 2026
- 53rd Annual General Meeting scheduled for September 25, 2026, at 5:00 PM
- Board meeting duration was exactly 2 hours, starting at 2:00 PM and concluding at 4:00 PM
- Approval of the Board's report for the financial year 2025-26
Tuticorin Alkali Chemicals and Fertilizers Ltd held its board meeting on August 12, 2026, to approve the un-audited financial results for the quarter ended June 30, 2026. The board also approved the annual report for FY26 and scheduled the 53rd Annual General Meeting (AGM) for September 25, 2026. This follows a fiscal year (FY26) where the company reported a revenue of 338 Cr and a PAT of 37 Cr. The meeting concluded within two hours, and the results are now subject to investor review for margin trends in the commodity chemicals segment.
- Board approved un-audited financial results for the quarter ended June 30, 2026, on August 12, 2026.
- 53rd Annual General Meeting (AGM) scheduled for September 25, 2026, at 5:00 PM via video conferencing.
- Board meeting duration was exactly 2 hours, commencing at 2:00 PM and concluding at 4:00 PM.
- Company maintains a high promoter holding of 75.0% as of the latest reporting period.
- Previous TTM revenue stands at 338 Cr with an operating profit margin of 18.5%.
Tuticorin Alkali Chemicals has scheduled a board meeting for August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is coming off a fiscal year (FY26) where it recorded ₹338 Cr in revenue and ₹37 Cr in PAT, a decline from FY25's ₹62 Cr PAT. Investors will be monitoring if the company can arrest the sequential revenue decline observed in the March 2026 quarter (₹83.44 Cr). The trading window for insiders is currently closed and will reopen 48 hours after the results are made public.
- Board meeting scheduled for August 12, 2026, to approve Q1 FY27 results.
- Financials to be reviewed for the three-month period ended June 30, 2026.
- Trading window remains closed until 48 hours after the August 12 announcement.
- Company reported a TTM PAT of ₹37 Cr against a market cap of ₹750 Cr.
Financial Performance
Profitability Margins
The company reported a regime of unmodified audit opinions with no audit qualifications for the period ending March 31, 2025, indicating stable financial reporting integrity.
Capital Expenditure
The company invested in a Special Purpose Vehicle (SPV), subscribing to 23,58,212 equity shares (6.67% stake) in Green Infra Renewable Energy Generation Private Limited to facilitate power purchase agreements.
Credit Rating & Borrowing
The company has been assigned a credit rating of BBB- / Stable by India Ratings and Research for its bank facilities.
Operational Drivers
Raw Materials
Biomass (replacing approximately 50,000 MT of coal per year) and Steam are primary operational inputs. Biomass now accounts for a significant portion of fuel requirements to produce low carbon footprint products.
Raw Material Costs
The switch from coal to biomass eliminated the usage of approximately 50,000 MT of coal annually. Raw material availability and price fluctuations are cited as critical factors affecting operations.
Manufacturing Efficiency
The induction turbine alternator produces 5,000 units of energy daily from steam let down, improving energy self-sufficiency.
Strategic Growth
Growth Strategy
Growth is targeted through energy cost optimization (INR 3 Crore total annual savings identified), transitioning to green energy via a 6.67% stake in Green Infra Renewable Energy, and a strategic fuel switch to biomass to market low-carbon products.
Products & Services
Soda Ash (Alkali) and Ammonium Chloride (Fertilizers).
New Products/Services
The company is focusing on producing 'low carbon footprint' products by eliminating coal usage, which may cater to environmentally conscious market segments.
Strategic Alliances
The company entered a strategic investment in Green Infra Renewable Energy Generation Private Limited (6.67% stake) to secure power supply.
External Factors
Industry Trends
The industry is shifting toward sustainable manufacturing; the company is positioning itself by eliminating 50,000 MT of coal usage annually to reduce its carbon footprint.
Competitive Moat
The company's integration with the SPIC group and its transition to biomass-based production provide a cost and sustainability advantage in the fertilizer and alkali sector.
Macro Economic Sensitivity
Operations are highly sensitive to domestic and overseas demand-supply conditions and general economic development within India.
Regulatory & Governance
Industry Regulations
The company adheres to the Water (Prevention and Control of Pollution) Act, 1974 and various SEBI (Prohibition of Insider Trading) and (LODR) Regulations.
Environmental Compliance
The company complies with the Water (Prevention and Control of Pollution) Act, 1974. Energy saving initiatives have resulted in a combined saving of INR 3 Crores per annum.
Risk Analysis
Key Uncertainties
Fluctuations in raw material prices and changes in labor negotiations or tax laws represent key business uncertainties.
Geographic Concentration Risk
The primary manufacturing facility is located in Tuticorin, Tamil Nadu.
Third Party Dependencies
The company depends on the SPV Green Infra Renewable Energy for power purchase agreements.
Technology Obsolescence Risk
The company is upgrading technology, such as installing induction turbines and filter presses, to mitigate the risk of energy inefficiency.