Tata Chemicals
Market Cap
₹81.5b
Last Updated
2020/10/27 13:06 UTC
Data Sources
Company Financials +
Executive Summary
Tata Chemicals Limited manufactures, sells, and distributes basic chemistry and specialty products in India, Europe, Africa, the United States, rest of Asia, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and undervalued.
Similar Companies
Share Price & News
How has Tata Chemicals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500770 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.7%
500770
1.0%
IN Chemicals
-0.2%
IN Market
1 Year Return
-48.0%
500770
16.8%
IN Chemicals
0.2%
IN Market
Return vs Industry: 500770 underperformed the Indian Chemicals industry which returned 14.8% over the past year.
Return vs Market: 500770 underperformed the Indian Market which returned 0.9% over the past year.
Shareholder returns
| 500770 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 1.0% | -0.2% |
| 30 Day | 11.4% | 4.1% | 4.8% |
| 90 Day | 3.6% | 13.3% | 6.9% |
| 1 Year | 22.4%-48.0% | 19.4%16.8% | 2.0%0.2% |
| 3 Year | 9.3%-55.9% | 34.8%26.4% | -2.4%-7.2% |
| 5 Year | 100.1%-22.3% | 138.3%118.2% | 39.9%29.3% |
Price Volatility Vs. Market
How volatile is Tata Chemicals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Tata Chemicals Limited (BOM:500770): Poised For Long-Term Success?2 years ago | Simply Wall St
Top Defensive Stocks To BuyValuation
Is Tata Chemicals undervalued compared to its fair value and its price relative to the market?
7.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500770 (₹323.25) is trading below our estimate of fair value (₹350.54)
Significantly Below Fair Value: 500770 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 500770 is good value based on its PE Ratio (12.4x) compared to the IN Chemicals industry average (15.4x).
PE vs Market: 500770 is good value based on its PE Ratio (12.4x) compared to the Indian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: 500770 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 500770 is good value based on its PB Ratio (0.6x) compared to the IN Chemicals industry average (1.2x).
Next Steps
Future Growth
How is Tata Chemicals forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
24.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500770's forecast earnings growth (24.9% per year) is above the savings rate (7.2%).
Earnings vs Market: 500770's earnings (24.9% per year) are forecast to grow slower than the Indian market (25.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500770's revenue (9.7% per year) is forecast to grow slower than the Indian market (11.3% per year).
High Growth Revenue: 500770's revenue (9.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500770's Return on Equity is forecast to be low in 3 years time (6.7%).
Next Steps
Past Performance
How has Tata Chemicals performed over the past 5 years?
10.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500770 has high quality earnings.
Growing Profit Margin: 500770's current net profit margins (6.5%) are lower than last year (10.1%).
Past Earnings Growth Analysis
Earnings Trend: 500770's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: 500770's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500770 had negative earnings growth (-42.9%) over the past year, making it difficult to compare to the Chemicals industry average (-1.9%).
Return on Equity
High ROE: 500770's Return on Equity (6.4%) is considered low.
Next Steps
Financial Health
How is Tata Chemicals's financial position?
Financial Position Analysis
Short Term Liabilities: 500770's short term assets (₹78.6B) exceed its short term liabilities (₹70.9B).
Long Term Liabilities: 500770's short term assets (₹78.6B) exceed its long term liabilities (₹70.0B).
Debt to Equity History and Analysis
Debt Level: 500770's debt to equity ratio (55.1%) is considered high.
Reducing Debt: 500770's debt to equity ratio has reduced from 133.8% to 55.1% over the past 5 years.
Debt Coverage: 500770's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 500770's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Tata Chemicals's current dividend yield, its reliability and sustainability?
3.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500770's dividend (3.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: 500770's dividend (3.4%) is in the top 25% of dividend payers in the Indian market (2.29%)
Stability and Growth of Payments
Stable Dividend: 500770's dividends per share have been stable in the past 10 years.
Growing Dividend: 500770's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.3%), 500770's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500770's dividends in 3 years are forecast to be well covered by earnings (34.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Ramakrishnan Mukundan (54 yo)
11.92yrs
Tenure
₹66,975,964
Compensation
Mr. Ramakrishnan Mukundan, B.E.(Elec), MBA, has been the Managing Director of Tata Chemicals Limited and Tata Chemicals North America Inc. since November 2008 and also serves as its Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs Market: Ramakrishnan's total compensation ($USD905.86K) is above average for companies of similar size in the Indian market ($USD399.61K).
Compensation vs Earnings: Ramakrishnan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 11.92yrs | ₹66.98m | 0.00020% ₹ 163.1k | |
| CFO & Chief Investor Relations Officer | 5yrs | ₹33.58m | no data | |
| Compliance Officer | no data | ₹16.77m | no data | |
| Executive Director | 2.5yrs | ₹32.27m | 0.0014% ₹ 1.2m | |
| Chief Technology & Sustainabifity Officer | no data | ₹3.29m | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Chief Innovation & Digital Officer | no data | ₹2.17m | no data | |
| Chief of Corporate Assurance & Initiatives | no data | ₹3.36m | no data | |
| Head of Nutraceuticals | no data | no data | no data | |
| Chief Operating Officer of Indian Chemicals Business | no data | no data | no data | |
| Chief Sustainability & CSR | no data | no data | no data | |
| Head of Strategy & Business Excellence | no data | no data | no data |
5.0yrs
Average Tenure
57yo
Average Age
Experienced Management: 500770's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 11.92yrs | ₹66.98m | 0.00020% ₹ 163.1k | |
| Executive Director | 2.5yrs | ₹32.27m | 0.0014% ₹ 1.2m | |
| Chairman Emeritus | 7.83yrs | ₹4.70m | no data | |
| Independent Non-Executive Director | 0.083yr | no data | no data | |
| Non-Executive Director | 3.83yrs | ₹3.36m | no data | |
| Independent Non-Executive Director | 1yr | ₹1.17m | no data | |
| Independent Non-Executive Director | 2.5yrs | ₹9.59m | no data | |
| Non-Independent Non-Executive Director | 3.83yrs | ₹730.00k | no data | |
| Independent Non-Executive Director | 6.08yrs | ₹9.57m | no data | |
| Independent Non-Executive Director | 1.17yrs | ₹3.41m | 0.000080% ₹ 65.2k |
3.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: 500770's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tata Chemicals Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tata Chemicals Limited
- Ticker: 500770
- Exchange: BSE
- Founded: 1927
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ₹81.547b
- Shares outstanding: 254.76m
- Website: https://www.tatachemicals.com
Number of Employees
Location
- Tata Chemicals Limited
- Bombay House
- 24 Homi Mody Street
- Mumbai
- Maharashtra
- 400001
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500770 | BSE (Mumbai Stock Exchange) | Yes | Ordinary Shares | IN | INR | Feb 1999 |
| TATACHEM | NSEI (National Stock Exchange of India) | Yes | Ordinary Shares | IN | INR | Feb 1999 |
| 600770 | BSE (Mumbai Stock Exchange) | INR10(FOREIGN PREMIUM) | IN | INR | Nov 2016 |
Biography
Tata Chemicals Limited manufactures, sells, and distributes basic chemistry and specialty products in India, Europe, Africa, the United States, rest of Asia, and internationally. It offers dense and light ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/27 13:06 |
| End of Day Share Price | 2020/10/27 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.