Thirumalai Chemicals
231.68
+0.98(+0.42%)
Market Cap₹- Cr
PE Ratio-
IndustryChemicals
Company Performance:
1D+0.42%
1M-17.64%
6M-14.76%
1Y-37.82%
5Y+101.37%
View Company Insightsright
More news about Thirumalai Chemicals
22Oct 25
Thirumalai Chemicals to Consider Preferential Equity Share Issue in Upcoming Board Meeting
Thirumalai Chemicals Limited (TCL) has scheduled a Board meeting on October 25, 2025, to consider issuing equity shares on a preferential basis. The issue will be conducted under SEBI regulations and requires regulatory and shareholder approvals. The company has implemented a trading window closure from October 01, 2025, until 48 hours after Q2 results declaration for designated persons. This potential move could impact TCL's capital structure and ownership pattern.
11Oct 25
Thirumalai Chemicals' President of Food Ingredients Retires
Mr. Venkatraghavan, President of Food Ingredients at Thirumalai Chemicals Limited (TCL), has retired effective October 11, 2025. The company has notified stock exchanges of this change in senior management, in compliance with SEBI regulations. TCL, based in Mumbai, holds certifications for various ISO standards, HACCP, and FSSC 22000.
26Aug 25
Thirumalai Chemicals Raises ₹450.62 Crore Through Preferential Share Allotment
Thirumalai Chemicals Limited has successfully raised ₹450.62 crore by issuing 1,62,68,040 equity shares at ₹277 per share through a preferential allotment. The issue attracted 21 investors, including mutual funds and individual investors. This move has increased the company's paid-up share capital from 10,23,88,120 to 11,86,56,160 shares. Notable investors include Motilal Oswal funds, Bandhan funds, and high-net-worth individuals. The company received in-principle approval from stock exchanges, and the new shares will rank pari-passu with existing equity shares.
17Aug 25
Thirumalai Chemicals Reports 87% EBITDA Drop in Q1 Amid Global Headwinds
Thirumalai Chemicals experienced a significant decline in Q1 financial performance. Consolidated total income fell 19% to ₹452.00 crore, EBITDA turned negative at ₹25.00 crore, and the company reported a net loss of ₹60.00 crore. Challenges included global headwinds, lower product spreads, and operational issues at new facilities. Despite this, the company achieved some operational milestones and remains optimistic about future prospects, including improved utilization at the Dahej plant and the upcoming USA project launch.
24Jul 25
Thirumalai Chemicals Clarifies ₹450.62 Crore Preferential Issue Proceeds Usage
Thirumalai Chemicals Limited (TCL) has provided clarification on the use of proceeds from its proposed ₹450.62 crore preferential share issue. The company confirmed that ₹110.62 crore allocated for General Corporate Purposes will not be used for investments in subsidiaries, joint ventures, or associates. Instead, these funds may be used for ongoing corporate exigencies, contingencies, company expenses, and other permissible general purposes as decided by the Board. This clarification addresses concerns raised by stock exchanges BSE and NSE regarding TCL's application for in-principle approval for the share issue.
15Jul 25
TCL Specialties LLC Reports Significant Progress on West Virginia Petrochemical and Food Ingredient Facilities
Thirumalai Chemicals Limited's subsidiary, TCL Specialties LLC, reports significant progress in constructing petrochemical and food ingredient facilities in West Virginia, USA. The project, set to complete by late 2025 and commence operations in 2026, includes a Maleic Anhydride plant and a food ingredients plant for Malic and Fumaric Acid. Located in the shale gas plateau, the facilities benefit from abundant n-Butane supply. TCL aims to serve the North American market, targeting industries such as automotive, aircraft, and the growing snacks and beverages sector. The company has engaged with 80% of US customers and is assembling its US management team.
19Jun 25
Thirumalai Chemicals Announces ₹4.51 Billion Preferential Share Issue
Thirumalai Chemicals Ltd plans to raise ₹4.51 billion through a preferential share issue of up to 16.3 million shares at ₹277.00 per share. This strategic move aims to strengthen the company's financial position and potentially fund expansion, debt reduction, R&D, or working capital needs. The preferential allotment suggests a targeted approach to fundraising, possibly involving select investors or strategic partners.
16Jun 25
Thirumalai Chemicals to Discuss Preferential Equity Share Issuance in Upcoming Board Meeting
Thirumalai Chemicals Ltd. has scheduled a board meeting for June 19 to discuss the potential issuance of equity shares on a preferential basis. This move could lead to a fresh capital infusion, changes in ownership structure, and possible strategic partnerships. The outcome of this meeting may significantly impact the company's capital structure and future growth strategies.
02Jun 25
Thirumalai Chemicals Plans to Double Phthalic Anhydride Production Capacity
Thirumalai Chemicals has announced plans to double its production capacity of Phthalic Anhydride by fiscal year 2027-28. This expansion strategy aims to increase market share, improve manufacturing efficiency, and meet growing customer demand. The move reflects the company's long-term vision and confidence in future market demand for Phthalic Anhydride and its derivatives.
26May 25
Thirumalai Chemicals to Consider 1 Billion Rupee Debenture Issuance
Thirumalai Chemicals Ltd has scheduled a board meeting for May 29 to consider issuing debentures worth ₹100 crore (1 billion rupees). The purpose of the potential fund-raising and the terms of the debentures have not been disclosed. This move could impact the company's capital structure and financial strategy.
16May 25
Thirumalai Chemicals Reports Narrowed Q4 Loss Amid Revenue Dip
Thirumalai Chemicals Ltd. reported Q4 consolidated revenue of ₹523.00 crore, down 1.32% year-over-year. Net loss improved to ₹14.10 crore from ₹20.50 crore last year, a 31.22% reduction. Quarterly data shows revenue decline of 9.97% and increased pressure on EBITDA and operating profit. Full fiscal year revenue was ₹2,102.50 crore, down 2.77%. The company faces operational challenges but shows improved financial management.
Thirumalai Chemicals
231.68
+0.98
(+0.42%)
1 Year Returns:-37.82%
Industry Peers
IVP
161.10
(+0.53%)
Thirumalai Chemicals
231.68
(+0.42%)
Mangalam Organics
477.70
(-0.72%)
JG Chemicals
382.85
(-1.02%)
IG Petrochemicals
400.10
(+2.03%)
Amines & Plasticizers
189.37
(-2.58%)
Andhra Sugars
75.68
(-1.93%)