Thirumalai Chemicals Limited (IN:TIRUMALCHM)
:TIRUMALCHM
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Thirumalai Chemicals Limited
(TIRUMALCHM)
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Rating:45Neutral
Price Target:
₹199.00
▼(-15.03% Downside)
Action:ReiteratedDate:03/19/26
The score is primarily held down by weak financial performance—declining revenue, recent losses, and negative operating/free cash flow—along with a technically weak setup (below key moving averages and negative MACD). Valuation is only slightly supportive because the negative P/E is driven by losses and dividend yield data is unavailable.
Positive Factors
Diversified end‑market exposure
Thirumalai supplies intermediates used across multiple end markets (plastics, coatings, F&B, pharma). This structural diversification reduces reliance on any single cyclical industry, helping stabilize volumes and revenue over a multi‑month horizon and supporting resilience through sector-specific downticks.
Negative Factors
Sustained revenue decline
Revenue has declined materially over recent years, indicating either weakening demand, pricing pressure, or market share loss. Restoring top‑line scale is typically slow in chemical markets; prolonged revenue decline will continue to pressure fixed‑cost absorption, margins, and the company’s ability to invest in higher‑value initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified end‑market exposure
Thirumalai supplies intermediates used across multiple end markets (plastics, coatings, F&B, pharma). This structural diversification reduces reliance on any single cyclical industry, helping stabilize volumes and revenue over a multi‑month horizon and supporting resilience through sector-specific downticks.
Read all positive factors
Thirumalai Chemicals Limited (TIRUMALCHM) vs. iShares MSCI India ETF (INDA)
Market Cap
₹24.59B
Dividend Yield0.43%
Average Volume (3M)8.18K
Price to Earnings (P/E)―
Beta (1Y)1.16
Revenue Growth-11.11%
EPS Growth-340.74%
CountryIN
Employees537
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-3.92
Shares Outstanding120,552,770
10 Day Avg. Volume7,979
30 Day Avg. Volume8,178
Financial Highlights & Ratios
PEG Ratio-2.87
Price to Book (P/B)2.14
Price to Sales (P/S)1.21
P/FCF Ratio-3.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Thirumalai Chemicals Limited Business Overview & Revenue Model
Company Description
Thirumalai Chemicals Limited manufactures and sells organic chemicals in India. It offers phthalic anhydride, maleic anhydride, malic acid, fumaric acid, and diethyl phthalate; and generates power from wind operated generators, as well as engineer...
How the Company Makes Money
Thirumalai Chemicals makes money primarily by manufacturing and selling chemical intermediates and derivatives to industrial customers. Its key revenue streams typically come from (1) sales of phthalic anhydride, a high-volume intermediate used in...
Thirumalai Chemicals Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.65B | 20.50B | 20.72B | 21.20B | 19.97B | 10.85B |
| Gross Profit | 3.55B | 4.63B | 3.87B | 6.01B | 7.65B | 4.16B |
| EBITDA | -280.65M | 488.00M | 645.40M | 2.16B | 4.52B | 2.28B |
| Net Income | -1.49B | -461.00M | -387.90M | 898.30M | 2.81B | 1.18B |
Balance Sheet | ||||||
| Total Assets | 43.45B | 38.07B | 33.20B | 23.60B | 18.62B | 13.43B |
| Cash, Cash Equivalents and Short-Term Investments | 3.70B | 1.86B | 4.49B | 4.59B | 5.54B | 3.25B |
| Total Debt | 20.86B | 17.86B | 12.52B | 5.14B | 1.65B | 1.83B |
| Total Liabilities | 28.12B | 26.51B | 21.74B | 11.68B | 7.77B | 5.40B |
| Stockholders Equity | 15.32B | 11.56B | 11.46B | 11.92B | 10.85B | 8.03B |
Cash Flow | ||||||
| Free Cash Flow | -6.28B | -6.79B | -5.74B | -3.09B | 3.29B | 1.60B |
| Operating Cash Flow | -2.68B | -658.80M | 2.37B | 541.30M | 4.02B | 2.21B |
| Investing Cash Flow | -3.50B | -5.42B | -8.31B | -3.59B | -1.39B | -1.57B |
| Financing Cash Flow | 6.18B | 3.75B | 6.43B | 2.06B | -699.80M | -379.70M |
Thirumalai Chemicals Limited Technical Analysis
Neutral
234.20
Price Trends
186.71
Positive
205.60
Negative
247.65
Negative
Market Momentum
3.78
Negative
61.92
Neutral
93.50
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TIRUMALCHM, the sentiment is Neutral. The current price of 234.2 is above the 20-day moving average (MA) of 179.49, above the 50-day MA of 186.71, and below the 200-day MA of 247.65, indicating a neutral trend. The MACD of 3.78 indicates Negative momentum. The RSI at 61.92 is Neutral, neither overbought nor oversold. The STOCH value of 93.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:TIRUMALCHM.
Thirumalai Chemicals Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹26.75B | 23.71 | ― | 0.65% | 2.07% | -16.12% | |
66 Neutral | ₹13.20B | -28.19 | ― | 2.59% | -17.51% | -106.98% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | ₹27.65B | 29.38 | ― | 0.97% | 8.37% | 19.15% | |
56 Neutral | ₹14.39B | 26.88 | ― | 0.24% | 14.39% | 75.07% | |
53 Neutral | ₹30.62B | 51.39 | ― | 0.07% | 28.53% | 129.16% | |
45 Neutral | ₹24.59B | -15.05 | ― | 0.43% | -11.11% | -340.74% |
* Basic Materials Sector Average
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Thirumalai Chemicals Limited Corporate Events
Thirumalai Chemicals Schedules Institutional Investor Meeting for March 9
Mar 4, 2026
Thirumalai Chemicals Limited has announced that its officials will hold a group meeting with existing and prospective institutional investors on March 9, 2026. The company has made its latest investor presentation publicly available on its website...
Thirumalai Chemicals Posts Q3 & Nine-Month FY26 Investor Presentation
Mar 3, 2026
Thirumalai Chemicals Limited has released its corporate presentation for the third quarter and nine months ended December 2025, providing an update on its financial and operating performance for FY26 to the stock exchanges. The presentation has be...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.