Tamilnadu Petroproducts Q3 EBITDA Jumps 67% to ₹311 Crores, Margin Expands

2 min read     Updated on 28 Jan 2026, 09:34 PM
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Overview

Tamilnadu Petroproducts delivered exceptional Q3FY26 performance with EBITDA growing 67% to ₹311 crores and margin expansion to 7.39% from 4.05% year-over-year. The company reported consolidated net profit growth of 70% to ₹199 crores and nine-month profit surge of 213% to ₹829 crores, demonstrating strong operational efficiency despite revenue headwinds.

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Tamilnadu petroproducts Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, showing robust operational performance with significant EBITDA growth and margin expansion alongside strong profit growth across key metrics.

Q3FY26 Operational Excellence

The company demonstrated exceptional operational efficiency with EBITDA performance showing substantial improvement year-over-year:

Operational Metrics: Q3FY26 Q3FY25 Variance
EBITDA: ₹311 crores ₹186 crores +67.20%
EBITDA Margin: 7.39% 4.05% +334 bps

Q3FY26 Consolidated Performance

The company's consolidated results demonstrated strong profitability despite revenue challenges, with net profit reaching ₹199 crores compared to ₹117 crores in the previous year:

Consolidated Metrics: Q3FY26 Q3FY25 Variance
Total Income: ₹42,945 lakhs ₹46,682 lakhs -8.01%
Net Profit After Tax: ₹1,988 lakhs ₹1,170 lakhs +69.91%
Earnings Per Share: ₹2.21 ₹1.30 +70.00%

Standalone Financial Performance

The standalone operations showed marked improvement in profitability metrics for Q3FY26:

Financial Metric: Q3FY26 Q3FY25 Change (%)
Revenue from Operations: ₹42,092 lakhs ₹45,895 lakhs -8.29%
Net Profit After Tax: ₹1,764 lakhs ₹1,031 lakhs +71.10%
Earnings Per Share: ₹1.96 ₹1.15 +70.43%
Total Comprehensive Income: ₹1,719 lakhs ₹1,028 lakhs +67.22%

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, demonstrated exceptional growth momentum with profit more than tripling:

Nine-Month Metrics: FY26 (9M) FY25 (9M) Growth (%)
Revenue from Operations: ₹1,33,984 lakhs ₹1,36,898 lakhs -2.13%
Net Profit After Tax: ₹8,293 lakhs ₹2,651 lakhs +212.90%
Earnings Per Share: ₹9.22 ₹2.95 +212.54%
Total Comprehensive Income: ₹8,259 lakhs ₹2,667 lakhs +209.64%

Operational and Regulatory Updates

The company continues to address the lease renewal for manufacturing land that expired on June 12, 2020, with management expressing confidence in obtaining renewal from the Government of Tamil Nadu. Additionally, Tamilnadu Petroproducts has assessed the impact of new Labour Codes notified on November 21, 2025, disclosing an incremental impact of ₹26.90 lakhs primarily due to wage definition changes.

Board Meeting and Compliance

The Board of Directors meeting was held on February 4, 2026, commencing at 2:00 PM and concluding at 3:50 PM. The results were approved under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Company Secretary Sangeetha Sekar managing regulatory communications to BSE Limited and National Stock Exchange of India Limited.

Historical Stock Returns for Tamilnadu Petroproducts

1 Day5 Days1 Month6 Months1 Year5 Years
-0.98%-2.02%-5.45%-13.31%+30.72%+127.77%
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Tamilnadu Petroproducts Appoints IAS Officer Sandhya Venugopal Sharma as Chairperson

2 min read     Updated on 14 Jan 2026, 09:14 PM
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Overview

Tamilnadu Petroproducts Limited appointed Ms. Sandhya Venugopal Sharma, IAS as Additional Director and Chairperson effective January 14, 2026. The 1995 batch IAS officer, nominated by promoter TIDCO, brings extensive experience from central and state government roles including Department of Space assignments. The appointment requires member approval under listing regulations and strengthens the company's governance structure.

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*this image is generated using AI for illustrative purposes only.

Tamilnadu Petroproducts Limited has announced a significant leadership change with the appointment of Ms. Sandhya Venugopal Sharma, IAS as Additional Director and Chairperson of the Board. The appointment, effective January 14, 2026, was communicated to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 requirements.

Board Appointment Details

The Board of Directors appointed Ms. Sandhya Venugopal Sharma (DIN: 08445015) as an Additional Director under Non-Executive Category and Chairperson of the Board. The company confirmed that approval from members will be obtained in compliance with Regulation 17(1)(c) of the Listing Regulations.

Parameter: Details
Appointment Date: January 14, 2026
Position: Additional Director and Chairperson
Category: Non-Executive
DIN: 08445015
Nominated By: TIDCO (Promoter)

The company has confirmed that Ms. Sharma is not debarred from holding the office of director by virtue of any SEBI order or any other authority, meeting all regulatory compliance requirements.

Professional Background

Ms. Sandhya Venugopal Sharma brings extensive administrative experience as a 1995 batch Indian Administrative Service (IAS) officer of the Tamil Nadu cadre. She currently serves as Chairperson of Tamilnadu Industrial Development Corporation Limited (TIDCO), the promoter company that nominated her for this position.

Her distinguished career includes senior leadership roles at both state and central government levels. During her central deputation with the Department of Space, she served as Joint Secretary and later as Additional Secretary in Bengaluru from 2019 to 2025.

Key Career Highlights

Ms. Sharma's professional journey encompasses diverse administrative roles across multiple sectors:

Central Government Experience:

  • Joint Secretary and Additional Secretary, Department of Space, Bengaluru (2019-2025)
  • State Project Director, Sarva Shiksha Abhiyaan during deputation to Government of Karnataka

State Government Assignments:

  • Commissioner (Archives and Historical Research)
  • Joint/Deputy Secretary and Controller roles in Commercial Taxes
  • Various positions in Education department and Tamil Nadu Public Service Commission
  • District-level postings as Sub Collector in Chengalpattu and Tindivanam
Experience Area: Details
IAS Batch: 1995 (Tamil Nadu cadre)
Current Role: Chairperson, TIDCO
Central Deputation: Department of Space (2019-2025)
Multi-stakeholder Programs: World Bank, DFID, UNICEF supported initiatives

Corporate Governance

The appointment strengthens Tamilnadu Petroproducts Limited's board composition with proven administrative expertise. Ms. Sharma is not related to any other Director of the Company, ensuring independent governance structure. The company has provided all required disclosures pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The appointment reflects the promoter TIDCO's continued involvement in the company's strategic direction, bringing public sector administrative experience to the petrochemicals company's leadership team.

Historical Stock Returns for Tamilnadu Petroproducts

1 Day5 Days1 Month6 Months1 Year5 Years
-0.98%-2.02%-5.45%-13.31%+30.72%+127.77%
Tamilnadu Petroproducts
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