TANFACIND

TANFAC Industries financials

Market cap
₹7.3k Cr
Sector
Chemicals

What TANFAC Industries Ltd. does

Tanfac Industries manufactures fluorine-based and inorganic chemicals - Anhydrous Hydrofluoric Acid (AHF), Solar Grade Diluted Hydrofluoric Acid, Sulphuric Acid, Potassium Fluoride and other fluorine derivatives - at a single integrated site in Cuddalore, Tamil Nadu. It earns by selling these chemicals to industrial customers across sectors such as solar cells, steel surfacing, refrigerants, glass etching, agrochemicals, fluoropolymers, lithium batteries and pharmaceuticals, in both domestic and export markets. The company is backward-integrated (sourcing sulphur and fluorspar) and is forward-integrating into higher-value specialty products, including a new HFC-32 refrigerant gas line. It operates as a joint-sector company with TIDCO and Anupam Rasayan India Ltd, drawing on Anupam Rasayan's fluorination expertise and on know-how tie-ups with German, Swiss and Japanese partners.

Segments

  • Hydrofluoric Acid (AHF) and derivatives
  • Solar Grade Diluted Hydrofluoric Acid (DHF)
  • Sulphuric Acid / Oleum
  • Refrigerant Gas (HFC-32)
Manufacturing capacity (installed)
135,000 MTPA (Sulphuric Acid 1,00,000 MTPA; Hydrofluoric Acid 30,000 MTPA; Solar Grade DHF 20,000 MTPA; Specialty Fluorides 5,000 MTPA)
Manufacturing facility
Single integrated site on 60 acres, SIPCOT Industrial Complex, Cuddalore, Tamil Nadu
Operating track record
Commercial production since 1985 (incorporated 1972)
Employees
700+
Customers
105+ customers across domestic and global markets
Export reach
Clients across 10+ countries
Founded 1972Headquarters Cuddalore, Tamil Nadu, IndiaEmployees 700 (2025-12-31) Company website

Quarterly results

Q1 FY27: revenue up 6.3%, net profit down 10.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue112 178 172 176 169 +51%173 −3%193 +12%187 +6%
EBITDA27 50 36 29 27 +0%26 −48%30 −17%29 +0%
Net profit19 35 23 19 17 −11%16 −54%18 −22%17 −11%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −18.9% YTD

₹14.0₹15.0₹16.0₹17.0₹18.0SeptOctNovDec

YTD: ₹17.5 on 4 Sept 2014 → ₹14.2. High ₹18.2 (8 Oct 2014), low ₹13.95 (15 Dec 2014).

Financials, as filed

Revenue grew 37.1% a year over 2 years, FY24 to FY26. Operating margin narrowed to 15.8%.

Year endingFY24FY25FY26
Revenue₹378 Cr₹557 Cr₹711 Cr
Operating profit₹71 Cr₹129 Cr₹112 Cr
Operating margin18.8%23.2%15.8%
Interest₹0 Cr₹2 Cr₹4 Cr
Depreciation₹8 Cr₹11 Cr₹18 Cr
Net profit₹52 Cr₹88 Cr₹70 Cr
Net margin13.8%15.8%9.8%
Cash from operations₹34 Cr₹33 Cr₹43 Cr
Free cash flow₹-2 Cr₹-64 Cr₹-39 Cr
ROCE33.0%42.0%24.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹10 Cr₹10 Cr₹10 Cr₹10 Cr₹10 Cr₹10 Cr
Reserves₹73 Cr₹124 Cr₹174 Cr₹220 Cr₹330 Cr₹363 Cr
Borrowings₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹31 Cr₹93 Cr
Other liabilities₹37 Cr₹49 Cr₹68 Cr₹71 Cr₹91 Cr₹62 Cr
Total liabilities₹120 Cr₹182 Cr₹252 Cr₹301 Cr₹462 Cr₹528 Cr
Fixed assets₹40 Cr₹40 Cr₹55 Cr₹61 Cr₹197 Cr₹212 Cr
Capital work in progress₹3 Cr₹12 Cr₹6 Cr₹29 Cr₹22 Cr₹29 Cr
Investments₹23 Cr₹42 Cr₹67 Cr₹67 Cr₹9 Cr₹19 Cr
Other assets₹55 Cr₹88 Cr₹124 Cr₹145 Cr₹234 Cr₹269 Cr
Total assets₹120 Cr₹182 Cr₹252 Cr₹301 Cr₹462 Cr₹528 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs added +3.77 pp while promoters trimmed −3.09 pp. The shareholder count shrank 12% to 16,393.

Promoters
48.7%
FIIs
1.5%
DIIs
4.2%
Public
45.6%

Since Jun 2025

  • DIIs +3.77 pp
  • Promoters −3.09 pp
  • Public −2.14 pp

How it drifted, 12 quarters

Over this window DIIs went from 0.1% to 4.2% — +4.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 51.8%, DIIs 0.1%, Public 48.1%.Dec '23: Promoters 51.8%, DIIs 0.1%, Public 48.1%.Mar '24: Promoters 51.8%, DIIs 0.1%, Public 48.1%.Jun '24: Promoters 51.8%, DIIs 0.2%, Public 48.0%.Sep '24: Promoters 51.8%, DIIs 0.4%, Public 47.8%.Dec '24: Promoters 51.8%, DIIs 0.4%, Public 47.8%.Mar '25: Promoters 51.8%, FIIs 0.1%, DIIs 0.4%, Public 47.6%.Jun '25: Promoters 51.8%, FIIs 0.1%, DIIs 0.4%, Public 47.7%.Sep '25: Promoters 51.8%, FIIs 0.1%, DIIs 0.4%, Public 47.6%.Dec '25: Promoters 51.8%, FIIs 0.1%, DIIs 0.4%, Public 47.7%.Mar '26: Promoters 51.8%, FIIs 0.0%, DIIs 0.3%, Public 47.8%.Jun '26: Promoters 48.7%, FIIs 1.5%, DIIs 4.2%, Public 45.6%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 8 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of TANFAC Industries Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Tamilnadu Industrial Development Corporation Ltd 24.47%−1.55 pp
Anupam Rasayan India Limited 24.26%−1.54 pp
Kamaljyot Investments Limited 9.64%−0.60 pp
Anshul Specialty Molecules 4.71%−0.30 pp
Investor Education And Protection Fund Authority Ministry Of Corporate 3.07%−0.20 pp
Madhulika Agarwal 1.70%−0.10 pp
Ashish Kacholia 1.61%−0.10 pp
Vanaja Sundar Iyer 1.24%−0.08 pp
Malabar India Fund Limited FPI fund1.07%newly disclosed

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Attractive

Insufficient data to quantify the expectations gap.

Growth the price implies
A decline
for 7 years, fading to 4%
It has actually compounded at
16.0% a year
net profit, FY24–FY26 · EPS 15.6%
The gap
—
5561% downside if it only repeats history
Price today ₹14.2 Value at the reference growth ₹803.93

Change the assumptions yourself →

Learn to analyse TANFAC Industries Ltd.

Guides on how to read this kind of business and the numbers that matter.