TGV Sraac revenue rises to ₹2,245 crore in FY26; expands solar capacity
- Total turnover rose to ₹2,245 crore in FY26 from ₹2,026 crore in FY25
- Solar power capacity expanded to 57.9 MW with 41% of capex allocated to renewables
- Zero liquid discharge maintained with hazardous waste generation falling to 2,767 tonnes
- Safety record remained clean with zero lost-time injuries or fatalities reported
- Women representation stands at 50% on the Board of Directors

*this image is generated using AI for illustrative purposes only.
TGV Sraac reported total turnover of ₹2,245 crore for the financial year ended March 2026, up from ₹2,026 crore in the previous year. The chlor-alkali and castor derivatives manufacturer submitted its Business Responsibility and Sustainability Report (BRSR) to the Bombay Stock Exchange on September 5, 2026.
Financial Performance
The company’s revenue growth was driven by its core product lines. Caustic soda contributed 60% of the turnover, while caustic potash and methyl chloride accounted for 17% and 14%, respectively. Exports constituted 10% of the total turnover.
| Product Segment | Turnover Share FY25 | Turnover Share FY26 |
|---|---|---|
| Caustic Soda | 61% | 60% |
| Caustic Potash | 14% | 17% |
| Methyl Chloride | 13% | 14% |
What the Numbers Show
Capital expenditure focused heavily on renewable energy infrastructure. The company allocated 41.08% of its capital expenditure towards increasing solar power capacity by 20 MW, bringing the total installed capacity to 57.9 MW. This investment aligns with the reported rise in energy consumption through solar sources, which increased from ₹156.85 billion kJ in FY25 to ₹261.36 billion kJ in FY26.
Environmental Metrics
Total energy consumption rose to 9,754.94 billion kJ from 6,870.25 billion kJ in the prior year. Despite this increase, water intensity improved slightly to 0.00008299 per rupee of turnover, down from 0.00008979. The company maintains a Zero Liquid Discharge (ZLD) facility, reusing treated effluent for process units and greenbelt development. Hazardous waste generation decreased significantly, with brine sludge dropping from 4,133 metric tonnes to 2,767 metric tonnes.
Governance and Safety
TGV Sraac reported zero lost-time injuries and zero fatalities for both employees and workers during FY26. The workforce comprises 797 permanent employees and 246 permanent workers, all covered under accident insurance. Women hold 50% of the Board of Director positions. The company recorded no complaints related to human rights, sexual harassment, or discrimination during the reporting period.
Historical Stock Returns for TGV Sraac
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.49% | +5.02% | 0.0% | 0.0% | 0.0% | 0.0% |
How will the increased reliance on solar power impact TGV Sraac's long-term energy cost structure and margin stability amidst fluctuating global energy prices?
Given the 10% export contribution, how might shifting global trade policies or tariffs on chlor-alkali products affect the company's international revenue growth in FY27?
What is the expected ROI timeline for the recent 20 MW solar capacity expansion, and will it be sufficient to meet the projected rise in total energy consumption?


































