More about Tata Chemicals Limited
Fundamentals for Tata Chemicals Limited
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Fundamentals for Tata Chemicals Limited
Business Operations:
Sector: Basic MaterialsIndustry: Chemicals
Tata Chemicals Limited manufactures, markets, sells, and distributes basic chemistry and specialty products in India, Europe, Africa, America, rest of Asia, and internationally. The company offers dense, heavy, high purity, and light soda ash; caustic soda, chlorine and bromine-based products, gypsum, sodium bicarbonate, sodium and calcium chloride, crushed refined soda, and livestock and dry industrial salt; standard ash magadi; crex; energy; and Portland and masonry cement under the Tata Shudh brand name. It also provides nano zinc oxides and silica; prebiotics and dietary fibers; insecticides, herbicides, fungicides, bio-stimulants, bio-fertilizers, bio-pesticides, organic fertilizers, water-soluble fertilizers, micro and secondary nutrients, and seeds; and energy storage solutions. The company's products are used in various industrial applications, such as agriculture; animal nutrition; chemicals; construction; food and nutrition; glass; high performance rubber; metals; oral care and cosmetics; paints, inks, and adhesives; pharmaceuticals; safety and environment; soaps and detergents; textiles and leather; lithium-ion, dry cell, and other batteries; and others. Tata Chemicals Limited was founded in 1927 and is based in Mumbai, India.
Revenue projections:
TATACHEM's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
Financial Ratios:
| currentRatio | 1.069000 |
|---|---|
| forwardPE | 22.969604 |
| debtToEquity | 36.081000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | -0.020000 |
| grossMargins | 0.658320 |
| operatingMargins | -0.020070 |
| trailingEps | -74.390000 |
| forwardEps | 33.720650 |
A current ratio of 1.069 for TATACHEM implies that the company has ample liquidity to meet its short-term debts. TATACHEM's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
TATACHEM's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns.
TATACHEM's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
Price projections:
The price of Tata Chemicals Limited has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.
Recommendation changes over time:
Analysts have developed a sell bias for TATACHEM, urging caution for investors. It's essential to base investment decisions on multiple market indicators to avoid hasty conclusions. Relying on a broader scope of information will provide a more accurate assessment of TATACHEM's overall potential.
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