On 6 Nov 2026, Tanfac Industries was priced at ₹3,415.95, or 99.9× trailing earnings, against an industry P/E of 22.1×. It earns ROCE of 25% and ROE of 13%, and sales and net profit grew 24% and 7.7% a year over 3 years. Its dividend yield is 0.1%, and debt is 0.19× equity. It is a small-cap company with a market cap of ₹7,535 Cr, ranked 30th of 204 Specialty Chemicals companies by market cap; the shares rose 76% over the past year.
- ₹3,358.55
- ₹3,499.00
- ₹3,315.00
- ₹3,358.55
- 6.9K
Health check
- ReturnsAhead
+76.3% over a year, better than 6 of 7 peers.
- Price tagPricier
P/E 99.9 vs industry 22.1.
- GrowthSteady
Sales +23.8%, profit +7.7% a year over 3 years.
- ProfitabilityStrong
ROCE 25.0% vs peer median 24.4%.
- Balance sheetFair
Debt 0.19× equity, interest covered 32.7×, Piotroski 4 of 9.
- Red flags1 to check
P/E of 99.9 against an industry P/E of 22.1.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹7,535 Cr
- Small cap
- P/E
- 99.9
- Industry 22.1
- Price to book
- 9.88
- Peers 13.33
- Dividend yield
- 0.13%
- ROE
- 12.9%
- Peers 23.0%
- ROCE
- 25.0%
- Peers 24.4%
- Debt to equity
- 0.19
- Debt ₹136 Cr
- EPS (TTM)
- ₹34.19
- OPM (TTM)
- 14.3%
- Net margin 8.8%
- Sales growth
- +38.9%
- Latest quarter vs a year ago
- Profit growth
- +2.6%
- Latest quarter vs a year ago
- Price to sales
- 9.57
- EV/EBITDA 60.6
Strengths and risks
Strengths
- Return on capital employed of 25.0%.
- Quarterly sales up 38.9% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 99.9 against an industry P/E of 22.1.
About Tanfac Industries
Tanfac Industries Limited manufactures and sells fluorine chemicals in India. The company provides anhydrous hydrofluoric acid, dilute hydrofluoric acid (DHF), solar-grade DHF, potassium fluoride, potassium bifluoride, boron trifluoride complexes, aluminium fluoride, sulphuric acid and oleum, sodium silicofluoride, hydrogen fluoride pyridine complexes, hexafluorophosphoric acid, and refrigerant gas. It also exports its products. Tanfac Industries Limited…
- Headquarters
- Cuddalore
- Employees
- 191
- Sector
- Basic Materials
- ISIN
- INE639B01023
- Website
- tanfac.com
Price range
- Avg volume (3M)
- 20.3K
- 1-year return
- plus 76.3%
- From 52-week high
- minus 6.4%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| TANFACINDTanfac Industries | 3,415.95 | plus 1.71% | 7,535 | 99.9 | 64.4 | 25.0% | 11.1% | 0.19 | 23.8% | plus 76.3% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|
| 176 | – | 173 | 193 | 187 | 230 | |
| 147 | – | 147 | 163 | 159 | 203 | |
| 29 | – | 25.9 | 30.3 | 28.6 | 27.3 | |
| 16.5% | – | 14.9% | 15.7% | 15.3% | 11.8% | |
| 0.9 | – | 0.3 | 0.5 | 0.9 | 3.8 | |
| 1.4 | – | 1 | 1.1 | 1 | 1.7 | |
| 3.9 | – | 4.8 | 4.8 | 4.7 | 5 | |
| 24.6 | – | 20.3 | 25 | 23.8 | 24.4 | |
| 21.5% | – | 23.4% | 27.8% | 29.1% | 21.9% | |
| 19.4 | – | 15.6 | 18 | 16.8 | 19 | |
| – | 8.61 | 7.80 | 9.04 | 8.43 | 8.93 |
Profit & loss
- Sales CAGR 3Y
- +23.8%
- Profit CAGR 3Y
- +7.7%
- EPS CAGR 3Y
- +7.7%
- ROE
- 12.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 371 | 374 | 551 | 704 | |
| – | +0.8% | +47.4% | +27.9% | |
| 294 | 300 | 419 | 586 | |
| 76.3 | 74.1 | 132 | 118 | |
| 20.6% | 19.8% | 23.9% | 16.7% | |
| 3.1 | 3 | −3 | −5.8 | |
| 0.1 | 0 | 1.9 | 2.9 | |
| 6.3 | 7 | 10.5 | 17.5 | |
| 2.4 | −0 | 2.5 | 0.9 | |
| 75.5 | 70.1 | 119 | 92.6 | |
| 25.6% | 25.1% | 25.8% | 24.3% | |
| 56.1 | 52.5 | 88.1 | 70.1 | |
| – | minus 6.5% | +68.0% | minus 20.4% | |
| 28.14 | 26.30 | 44.18 | 35.16 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10 | 10 | 10 | 10 | |
| 174 | 220 | 302 | 363 | |
| – | – | 41.4 | 92.8 | |
| 67.5 | 70.6 | 73 | 61.8 | |
| 252 | 301 | 426 | 528 | |
| 60.6 | 97.2 | 177 | 264 | |
| 5.9 | 36.5 | 8.4 | 52.3 | |
| 1.4 | 1.4 | 1.6 | 1.5 | |
| 76.1 | 72.3 | 44.9 | 38.1 | |
| 108 | 93.6 | 195 | 172 | |
| 252 | 301 | 426 | 528 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 42.9 | 34.2 | 32.8 | 43.4 | |
| −39.6 | −30.4 | −41.7 | −90.6 | |
| −6.4 | −7.2 | 31.8 | 38.1 | |
| −3 | −3.3 | 23 | −9 | |
| −14.9 | −36.1 | −97 | −82.4 | |
| 28 | −1.9 | −64.2 | −39 | |
| −5.5 | −6.5 | −7 | −9 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 1.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.