TNPETRO
Tamilnadu PetroProducts financials
- Market cap
- ₹1.2k Cr
- Sector
- Chemicals
Quarterly results
Q1 FY27: revenue up 68.5%, net profit up 128.6% 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 | 450 | 460 | 455 | 463 | 457 +2% | 421 −8% | 124 −73% | 780 +68% |
| EBITDA | 7 | 19 | 26 | 47 | 41 +486% | 31 +63% | 11 −58% | 121 +157% |
| Net profit | 5 | 12 | 27 | 35 | 34 +580% | 20 +67% | 8 −70% | 80 +129% |
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 +26.3% 1Y
1Y: ₹102.07 on 10 Sept 2025 → ₹128.9. High ₹139.18 (8 Sept 2026), low ₹79.9 (23 Mar 2026).
Financials, as filed
Revenue fell 12.0% a year over 3 years, FY23 to FY26. Operating margin widened to 8.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.2k Cr | ₹1.7k Cr | ₹1.8k Cr | ₹1.5k Cr |
| Operating profit | ₹127 Cr | ₹72 Cr | ₹64 Cr | ₹130 Cr |
| Operating margin | 5.9% | 4.3% | 3.5% | 8.9% |
| Interest | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹16 Cr |
| Depreciation | ₹21 Cr | ₹22 Cr | ₹24 Cr | ₹25 Cr |
| Net profit | ₹94 Cr | ₹50 Cr | ₹59 Cr | ₹97 Cr |
| Net margin | 4.4% | 3.0% | 3.2% | 6.6% |
| Cash from operations | ₹87 Cr | ₹161 Cr | ₹207 Cr | ₹-100 Cr |
| Free cash flow | ₹5 Cr | ₹122 Cr | ₹-180 Cr | ₹-357 Cr |
| ROCE | 15.0% | 9.0% | 7.0% | 11.0% |
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 | ₹90 Cr | ₹90 Cr | ₹90 Cr | ₹90 Cr | ₹90 Cr | ₹90 Cr |
| Reserves | ₹501 Cr | ₹658 Cr | ₹731 Cr | ₹769 Cr | ₹887 Cr | ₹928 Cr |
| Borrowings | ₹51 Cr | ₹56 Cr | ₹76 Cr | ₹18 Cr | ₹324 Cr | ₹465 Cr |
| Other liabilities | ₹152 Cr | ₹177 Cr | ₹205 Cr | ₹213 Cr | ₹286 Cr | ₹217 Cr |
| Total liabilities | ₹794 Cr | ₹981 Cr | ₹1.1k Cr | ₹1.1k Cr | ₹1.6k Cr | ₹1.7k Cr |
| Fixed assets | ₹281 Cr | ₹267 Cr | ₹247 Cr | ₹304 Cr | ₹277 Cr | ₹852 Cr |
| Capital work in progress | ₹1 Cr | ₹27 Cr | ₹103 Cr | ₹73 Cr | ₹570 Cr | ₹116 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹7 Cr | ₹15 Cr | ₹10 Cr | ₹10 Cr |
| Other assets | ₹510 Cr | ₹685 Cr | ₹745 Cr | ₹699 Cr | ₹730 Cr | ₹721 Cr |
| Total assets | ₹794 Cr | ₹981 Cr | ₹1.1k Cr | ₹1.1k Cr | ₹1.6k Cr | ₹1.7k 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, FIIs added +3.58 pp while the public trimmed −3.54 pp. The shareholder count shrank 26% to 96,779.
- Promoters
- 34.5%
- FIIs
- 11.1%
- Public
- 54.4%
Since Jun 2025
- FIIs +3.58 pp
- Public −3.54 pp
- DIIs −0.03 pp
How it drifted, 12 quarters
Over this window FIIs went from 7.7% to 11.1% — +3.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 34.5%, FIIs 7.7%, DIIs 0.0%, Public 57.7%.Dec '23: Promoters 34.5%, FIIs 7.1%, DIIs 0.0%, Public 58.3%.Mar '24: Promoters 34.5%, FIIs 6.1%, DIIs 0.0%, Public 59.3%.Jun '24: Promoters 34.5%, FIIs 6.2%, DIIs 0.0%, Public 59.2%.Sep '24: Promoters 34.5%, FIIs 5.8%, DIIs 0.0%, Public 59.6%.Dec '24: Promoters 34.5%, FIIs 5.3%, DIIs 0.0%, Public 60.1%.Mar '25: Promoters 34.5%, FIIs 5.6%, DIIs 0.0%, Public 59.9%.Jun '25: Promoters 34.5%, FIIs 7.5%, DIIs 0.0%, Public 57.9%.Sep '25: Promoters 34.5%, FIIs 8.8%, Public 56.7%.Dec '25: Promoters 34.5%, FIIs 9.5%, Public 56.0%.Mar '26: Promoters 34.5%, FIIs 10.8%, Public 54.7%.Jun '26: Promoters 34.5%, FIIs 11.1%, Public 54.4%.
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.
- Arial Holdings 1 FPI fund +0.71 pp 3.50% held
The same filing shows 0 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 Tamilnadu PetroProducts Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Tamilnadu Industrial Development Corporation Ltd | 17.61% | unchanged |
| Southern Petrochemical Industries Corporation Limited | 16.93% | unchanged |
| Ares Diversified FPI fund | 4.90% | unchanged |
| Shreyans Shantilal Shah | 3.85% | unchanged |
| Arial Holdings 1 FPI fund | 3.50% | +0.71 pp |
| Hitesh Ramji Javeri | 2.68% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 2.54% | unchanged |
| Shivani Tejas Trivedi | 2.05% | unchanged |
| Harsha Hitesh Javeri | 2.00% | unchanged |
| Minaxi Bhalchandra Trivedi | 1.67% | unchanged |
| Purico (Iom) Limited | 1.53% | unchanged |
| Olympia Tech Park Chennai Private Limited | 1.17% | 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 ₹129, this stock must grow earnings at -2% every year for 7 years. Our analysis caps realistic growth at ~1%. At that growth it is worth ₹152 — upside of 18%.
- Growth the price implies
- -1.8% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 1.0% a year
- net profit, FY23–FY26 · EPS 1.2%
- The gap
- -0.0 pp
- 18% downside if it only repeats history
Learn to analyse Tamilnadu PetroProducts Limited
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