Stock Analysis
Tata Chemicals Full Year 2024 Earnings: Misses Expectations
Tata Chemicals (NSE:TATACHEM) Full Year 2024 Results
Key Financial Results
- Revenue: ₹157.1b (down 6.4% from FY 2023).
- Net income: ₹2.82b (down 88% from FY 2023).
- Profit margin: 1.8% (down from 14% in FY 2023).
- EPS: ₹11.07 (down from ₹91.66 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Tata Chemicals Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 78%.
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India.
Performance of the Indian Chemicals industry.
The company's shares are down 3.8% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Tata Chemicals that you should be aware of.
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About NSEI:TATACHEM
Tata Chemicals
Manufactures, sells, and distributes basic chemistry and specialty products in India, Europe, Africa, the United States, rest of Asia, and internationally.
Excellent balance sheet established dividend payer.