TIRUMALCHM
Thirumalai Chemicals Limited
NSELast Traded Price
₹160.5
0.92 (0.58%)
Open
₹159.58
High
₹164.86
Low
₹158.65
Prev Close
₹159.58
Industry
Commodity Chemicals
Market Cap
1934.87 Cr
Filing History
Recent corporate announcements and filings for TIRUMALCHM
Governance
Neutral
2026-08-29 10:46
CRITICAL RED FLAG DETECTED
- Statutory Auditors, M/s. Walker Chandiok & Co LLP, have resigned from TCL Intermediates Private Limited (material subsidiary) effective August 28, 2026.
- The resignation is due to re-alignment with the Holding Company's auditors following mandatory auditor rotation requirements applicable to the Holding Company.
Business Update
Negative
2026-08-19 23:34
CRITICAL RED FLAG DETECTED
- Received a show cause notice from the Office of Assistant Commissioner, Central GST and Central Excise, Vadodara.
- The notice is for non-reversal of ITC on stock difference for the period April 2020 to March 2024, with a potential tax demand of ₹33.47 lakhs.
- The company believes the demands are erroneous and expects the financial implication to be insignificant.
Business Update
Negative
2026-08-13 23:33
CRITICAL RED FLAG DETECTED
- Thirumalai Chemicals Ltd. ratings downgraded by ICRA on August 13, 2026.
- Long-term ratings revised to [ICRA]BBB (Negative) from [ICRA]BBB+ (Negative).
- Short-term ratings revised to [ICRA]A3+ from [ICRA]A2.
- Driven by increased US project cost, timeline extension, and stretched liquidity.
- Outlook is Negative.
Routine
Neutral
2026-08-07 23:20
New Filing detected. See link for details.
Business Update
Positive
2026-08-07 13:00
- Corporate Presentation for Q1 FY27 (Quarter ended June 2026).
- Highlights global expansion with a new USA plant for MAn and food ingredients, diversified product portfolio, strategic manufacturing, and robust R&D capabilities.
- Emphasizes efficiency-driven operations and sustainability.
Financials
Negative
2026-08-04 16:47
- Consolidated Revenue ₹54,667 lakhs vs ₹45,005 lakhs (▲21.5% YoY)
- EBITDA ₹3,586 lakhs vs ₹(2,454) lakhs (Improved from negative to positive YoY)
- PAT ₹(4,367) lakhs vs ₹(5,996) lakhs (Loss reduced by 27.2% YoY)
- EBITDA Margin 6.6% vs -5.4% (▲1201 bps YoY)
- The Group incurred a net loss of ₹4,367 lakhs for the quarter ended June 30, 2026, and its current liabilities exceeded current assets by ₹74,212 lakhs.
- Board approved raising funds up to ₹750 crores via debt/equity for operations and debt refinancing.
- Board approved sale of four windmills (3.2 MW) for ₹10.35 Crores, expected to complete within 30 days.