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    Tuticorin Alkali

    Tuticorin (Tamil Nadu)-based Solvay-process manufacturer of Soda Ash (Light) and Sodium Bicarbonate, with Ammonium Chloride fertilizer produced as a co-product.

    Chemicals
    Commodities

    Overview

    Price

    Market Cap

    ₹732 Cr

    Sector

    Chemicals

    Commodities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital122122122122122122122122
    Reserves-320-378-412-112-43193959
    Borrowings866489894120
    Other Liabilities323358428525330282326320
    Total Liabilities133108144538417521580621
    AssetsFixed Assets595660302308320319316
    CWIP0245122162150
    Investments0000021616
    Other Assets74498123197178184139
    Total Assets133108144538417521580621

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating93691413-8124
    Cash from Investing-10-3-8-10-15-78-142
    Cash from Financing-8-2-4-1-528617
    SummaryCapital Expenditure
    Free Cash Flow83314-3-84-10
    FCF Margin

    Valuation

    Assumptions

    Current — 506808
    Price
    ₹53
    EPS (TTM)
    ₹2.83
    PE (TTM)
    18.7
    Profit growth
    -30.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (17.4×) and current (18.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹53
    vs
    Fair value · 15% return
    ₹3
    95%Overvalued

    At -30.1% growth and a 17× exit, ₹53 only delivers your return if you pay ₹3. The price is currently baking in 20% growth.

    EPS grows -30.1%/yr for 5 years, then fades to 6% over 2, exits at 17×.

    YearGrowthEPS (₹)
    FY27-30.1%1.98
    FY28-30.1%1.38
    FY29-30.1%0.97
    FY30-30.1%0.68
    FY31-30.1%0.47
    FY32-12.0% ·fade0.42
    FY336.0% ·fade0.44

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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