TGVSL
TGV SRAAC share price & financials
- Price
- ₹101.85
- Market cap
- ₹1.1k Cr
- Sector
- Chemicals
Quarterly results
Q1 FY27: revenue up 10.6%, net profit up 15.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 428 | 455 | 487 | 491 | 500 +17% | 448 −2% | 511 +5% | 543 +11% |
| EBITDA | 68 | 56 | 59 | 95 | 93 +37% | 77 +38% | 85 +44% | 100 +5% |
| Net profit | 33 | 24 | 22 | 39 | 37 +12% | 28 +17% | 28 +27% | 45 +15% |
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 −20.8% 1Y
1Y: ₹133.75 on 10 Sept 2025 → ₹105.91. High ₹133.75 (10 Sept 2025), low ₹79.22 (16 Mar 2026).
Financials, as filed
Revenue grew 12.3% a year over 2 years, FY24 to FY26. Operating margin widened to 17.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹1.5k Cr | ₹1.7k Cr | ₹1.9k Cr |
| Operating profit | ₹133 Cr | ₹225 Cr | ₹350 Cr |
| Operating margin | 8.6% | 12.9% | 17.9% |
| Interest | ₹23 Cr | ₹26 Cr | ₹24 Cr |
| Depreciation | ₹84 Cr | ₹88 Cr | ₹164 Cr |
| Net profit | ₹61 Cr | ₹93 Cr | ₹132 Cr |
| Net margin | 3.9% | 5.3% | 6.8% |
| Cash from operations | ₹164 Cr | ₹197 Cr | ₹338 Cr |
| Free cash flow | ₹-79 Cr | ₹53 Cr | ₹9 Cr |
| ROCE | 5.0% | 10.0% | 13.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹107 Cr | ₹107 Cr | ₹107 Cr | ₹107 Cr | ₹107 Cr | ₹107 Cr |
| Reserves | ₹503 Cr | ₹636 Cr | ₹939 Cr | ₹989 Cr | ₹1.1k Cr | ₹1.2k Cr |
| Borrowings | ₹499 Cr | ₹461 Cr | ₹234 Cr | ₹321 Cr | ₹305 Cr | ₹357 Cr |
| Other liabilities | ₹344 Cr | ₹393 Cr | ₹402 Cr | ₹374 Cr | ₹477 Cr | ₹470 Cr |
| Total liabilities | ₹1.5k Cr | ₹1.6k Cr | ₹1.7k Cr | ₹1.8k Cr | ₹2.0k Cr | ₹2.1k Cr |
| Fixed assets | ₹774 Cr | ₹902 Cr | ₹1.0k Cr | ₹1.0k Cr | ₹1.3k Cr | ₹1.2k Cr |
| Capital work in progress | ₹125 Cr | ₹55 Cr | ₹11 Cr | ₹168 Cr | ₹10 Cr | ₹220 Cr |
| Investments | ₹89 Cr | ₹89 Cr | ₹31 Cr | ₹33 Cr | ₹37 Cr | ₹35 Cr |
| Other assets | ₹465 Cr | ₹551 Cr | ₹600 Cr | ₹542 Cr | ₹724 Cr | ₹637 Cr |
| Total assets | ₹1.5k Cr | ₹1.6k Cr | ₹1.7k Cr | ₹1.8k Cr | ₹2.0k Cr | ₹2.1k 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, the public trimmed −0.63 pp while promoters added +0.46 pp. The shareholder count shrank 10% to 50,267.
- Promoters
- 64.3%
- FIIs
- 0.1%
- DIIs
- 0.1%
- Public
- 35.5%
Since Jun 2025
- Public −0.63 pp
- Promoters +0.46 pp
- FIIs +0.12 pp
How it drifted, 12 quarters
Over this window the public fell from 36.7% to 35.5% — −1.1 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 63.2%, FIIs 0.1%, DIIs 0.0%, Public 36.7%.Dec '23: Promoters 63.2%, DIIs 0.0%, Public 36.8%.Mar '24: Promoters 63.2%, DIIs 0.0%, Public 36.8%.Jun '24: Promoters 63.2%, DIIs 0.0%, Public 36.8%.Sep '24: Promoters 63.2%, DIIs 0.0%, Public 36.8%.Dec '24: Promoters 63.2%, DIIs 0.0%, Public 36.8%.Mar '25: Promoters 63.8%, DIIs 0.0%, Public 36.2%.Jun '25: Promoters 63.8%, DIIs 0.0%, Public 36.2%.Sep '25: Promoters 63.8%, FIIs 0.5%, DIIs 0.0%, Public 35.7%.Dec '25: Promoters 64.1%, FIIs 0.3%, DIIs 0.0%, Public 35.6%.Mar '26: Promoters 64.2%, FIIs 0.2%, DIIs 0.1%, Public 35.5%.Jun '26: Promoters 64.3%, FIIs 0.1%, DIIs 0.1%, Public 35.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of TGV SRAAC LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Brilliant Industries Private Limited | 24.95% | unchanged |
| Sree Rayalaseema Hi-Strength Hypo Limited | 19.69% | unchanged |
| Tgv Projects And Investments Private Limited | 11.23% | unchanged |
| T G Venkatesh | 5.03% | unchanged |
| Sree Rayalaseema Dutch Kassenbouw Private Limited | 1.79% | unchanged |
| Gowri Gopal Hospitals Private Limited | 0.96% | unchanged |
| T G Rajyalakshmi | 0.30% | unchanged |
| T G Bharath | 0.12% | unchanged |
| Boda Mourya | 0.09% | unchanged |
| Sree Rayalaseema Galaxy Projects Private Limited | 0.05% | unchanged |
| Jyothsna S Mysore | 0.01% | unchanged |
| Sree Rayalaseema Dutch Kassenbouw Llp | 0.01% | unchanged |
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
AttractiveTo justify its price of ₹106, this stock must grow earnings at -3% every year for 7 years. Our analysis caps realistic growth at ~159%. At that growth it is worth ₹64703 — upside of 60992%.
- Growth the price implies
- -3.4% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 156.9% a year
- net profit, FY24–FY26 · EPS 159.5%
- The gap
- -1.6 pp
- 60992% downside if it only repeats history
Learn to analyse TGV SRAAC LIMITED
Guides on how to read this kind of business and the numbers that matter.