Tata Chemicals Limited reported consolidated revenue of ₹14,584 crore for FY26, down 2% year-on-year due to pricing pressure across regions.
EBITDA stood at ₹1,805 crore compared to ₹1,953 crore in FY25, while Profit After Tax (before exceptional items and NCI) declined to ₹241 crore from ₹479 crore.
The company reported 14% growth in non-soda ash revenue. During the year, it commissioned Pearl Silica and FOS L55 facilities in Tamil Nadu and operationalised a solar plant, solar pond, and a soda ash plant in Kenya.
Standalone FY26 revenue rose 9% to ₹4,831 crore, EBITDA increased 17% to ₹954 crore, and PAT (before exceptional items) rose 18% to ₹620 crore.
Commenting on the results, R. Mukundan, Managing Director s CEO, Tata Chemicals Limited, said:
“During Ǫ4FY2c the global soda ash markets remained adequately supplied and the supply overhang continue to exert pressure on pricing. The challenging external environment amid ongoing geopolitical tensions in the Middle East led to uncertainty and limited visibility on any immediate change in market conditions.
Despite the challenging external environment, the Company’s standalone performance has been supported by higher volumes and disciplined cost management, resulting in a resilient operating performance. Mithapur facility (India) achieved production of 1 MTPA of Soda Ash during FY2c. However, the Company’s consolidated performance has been sharply impacted by continuing unsustainable unremunerative prices across geographies particularly in Southeast Asia. In US, impairment charge of ₹ 1,837 Cr of goodwill & ₹ 182 Cr of deferred tax assets write-off recognized amidst the current soda ash export market conditions.
We successfully completed the acquisition of Novabay Pte. Limited, Singapore during the quarter, as announced earlier. This acquisition aligns with our strategy of expanding high-margin specialty chemicals and strengthening our presence in key global markets. It enhances our ability to offer differentiated, value-added solutions and supports our long-term growth agenda.
The Board also approved a ₹100 crore investment to debottleneck salt capacity at our Mithapur plant by 82,500 TPA. This will strengthen our core consumer products portfolio and support long-term, sustainable growth while meeting rising demand for high-quality iodised salt.
In the midst of a challenging and volatile operating environment, our focus remains resolutely on safeguarding margins, preserving cash flows, and maintaining a strong and resilient balance sheet. We are navigating this phase with prudence and disciplined capital deployment. These actions are aimed at reinforcing the Company’s financial strength and positioning us to emerge from the current cycle with sustained stability and long-term value creation for our investors.”
