On 6 Nov 2026, TGV Sraac was priced at ₹117.13, or 9.0× trailing earnings, against an industry P/E of 18.2×, and the shares are 10% below their 52-week high. It earns ROCE of 12% and ROE of 11%, and sales and net profit fell 5.7% and 29% a year over 3 years. Debt is 0.27× equity. It is a small-cap company with a market cap of ₹1,254 Cr, ranked 22nd of 76 Chemicals companies by market cap; the shares rose 11% over the past year.
- ₹118.21
- ₹119.90
- ₹116.11
- ₹118.21
- 70.3K
Health check
- ReturnsAhead
+11.4% over a year, better than 5 of 7 peers.
- Price tagCheaper
P/E 9.0 vs industry 18.2.
- GrowthShrinking
Sales −5.7%, profit −28.5% a year over 3 years.
- ProfitabilityAverage
ROCE 12.5% vs peer median 10.6%.
- Balance sheetSolid
Debt 0.27× equity, interest covered 9.3×.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹1,254 Cr
- Small cap
- P/E
- 9.0
- Industry 18.2
- Price to book
- 0.97
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 10.7%
- Peers 11.7%
- ROCE
- 12.5%
- Peers 10.6%
- Debt to equity
- 0.27
- Debt ₹356 Cr
- EPS (TTM)
- ₹12.96
- Face value ₹10
- OPM (TTM)
- 17.7%
- Net margin 6.9%
- Sales growth
- +10.6%
- Latest quarter vs a year ago
- Profit growth
- +17.2%
- Latest quarter vs a year ago
- Price to sales
- 0.63
- EV/EBITDA 4.1
Strengths and risks
Strengths
- P/E of 9.0 against an industry P/E of 18.2.
- Positive operating cash flow in each of the last 4 years.
About TGV Sraac
TGV SRAAC Limited engages in the manufacture and sale of chlor-alkali chemicals, chloromethane, castor oil derivatives, and fatty acids in India and internationally. It operates through Chemicals and Oils and Fats segments. The Chemicals segment offers caustic soda, caustic potash, chlorine, and chloro methanes. Its Oils and Fats segment produces castor oil derivatives, soap noodles, hydroxy stearic acid, and glycerine. The company was formerly known as…
- Headquarters
- Kurnool
- Employees
- 1,043
- Sector
- Basic Materials
- ISIN
- INE284B01028
- Website
- tgvgroup.com
Price range
- Avg volume (3M)
- 4.4 L
- 1-year return
- plus 11.4%
- From 52-week high
- minus 10.2%
Peers · Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NAVINFLUORNavin Fluorine International | 9,010.00 | plus 1.87% | 46,250 | 50.8 | 42.7 | 18.7% | 34.3% | 0.28 | 16.5% | plus 46.1% |
| DEEPAKNTRDeepak Nitrite | 1,533.60 | minus 0.67% | 20,917 | 19.7 | 22.3 | 10.8% | 18.0% | 0.27 | −0.5% | minus 11.9% |
| TATACHEMTata Chemicals | 607.45 | minus 1.36% | 15,475 | – | 12.4 | −3.0% | 12.2% | 0.36 | −4.8% | minus 31.0% |
| DEEPAKFERTDeepak Fertilisers & Petrochemicals Corp. | 1,155.30 | minus 0.69% | 14,599 | 14.8 | 11.5 | 11.2% | 17.6% | 0.76 | 2.6% | minus 22.7% |
| RPELRaghav Productivity Enhancers | 1,780.80 | plus 0.95% | 8,178 | 116.0 | 107.1 | – | 29.9% | 0.02 | 23.5% | plus 95.4% |
| GNFCGujarat Narmada Valley Fertilizers and Chemicals | 451.80 | minus 1.87% | 6,639 | 6.3 | 5.4 | 10.4% | 14.8% | 0.01 | −8.8% | minus 7.2% |
| ACIArchean Chemical Industries | 416.40 | minus 1.95% | 5,141 | 51.3 | 23.2 | 7.7% | 20.0% | 0.28 | −9.2% | minus 34.6% |
| TGVSLTGV Sraac | 117.13 | minus 0.91% | 1,254 | 9.0 | 4.3 | – | 17.7% | 0.27 | −5.7% | plus 11.4% |
| Median of 7 peers | – | −0.69% | 14,599 | 35.2 | 22.3 | 10.6% | 18.0% | 0.28 | −0.5% | −11.9% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 491 | 500 | 448 | 511 | 543 | |
| 396 | 407 | 371 | 426 | 443 | |
| 94.5 | 93 | 77.5 | 84.6 | 99.8 | |
| 19.3% | 18.6% | 17.3% | 16.6% | 18.4% | |
| 4.8 | 3.2 | 6.2 | 2.4 | 3.5 | |
| 6.9 | 6.2 | 3.8 | 6.7 | 5.5 | |
| 40.1 | 40.1 | 41.8 | 42.1 | 35.6 | |
| 52.4 | 49.9 | 38 | 38.2 | 62.2 | |
| 25.9% | 25.7% | 26.0% | 26.6% | 26.9% | |
| 38.8 | 37.1 | 28.1 | 28 | 45.4 | |
| 3.61 | 3.46 | 2.61 | 2.61 | 4.24 |
Profit & loss
- Sales CAGR 3Y
- −5.7%
- Profit CAGR 3Y
- −28.5%
- EPS CAGR 3Y
- −28.6%
- ROE
- 10.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,316 | 1,535 | 1,739 | 1,940 | |
| – | minus 33.7% | +13.3% | +11.6% | |
| 1,767 | 1,399 | 1,509 | 1,578 | |
| 549 | 136 | 230 | 362 | |
| 23.7% | 8.9% | 13.2% | 18.7% | |
| −7.1 | 11.3 | 6.9 | 1.5 | |
| 25.6 | 21.9 | 24.2 | 21.6 | |
| 74 | 83.5 | 88.1 | 164 | |
| 0 | 41.8 | 1 | 0.3 | |
| 442 | 83.7 | 126 | 178 | |
| 18.1% | 27.1% | 26.4% | 26.0% | |
| 362 | 60.7 | 92.1 | 132 | |
| – | minus 83.2% | +51.7% | +43.2% | |
| 33.77 | 5.68 | 8.60 | 12.31 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 107 | 107 | 107 | 107 | |
| 939 | 989 | 1,071 | 1,190 | |
| 233 | 320 | 356 | 356 | |
| 404 | 376 | 434 | 470 | |
| 1,683 | 1,792 | 1,968 | 2,124 | |
| 1,067 | 1,230 | 1,294 | 1,465 | |
| 25.6 | 182 | 25.1 | 234 | |
| 34.8 | 33.8 | 36.7 | 38.2 | |
| 31.4 | 23.6 | 46 | 31.7 | |
| 524 | 323 | 566 | 354 | |
| 1,683 | 1,792 | 1,968 | 2,124 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 429 | 164 | 197 | 338 | |
| −169 | −223 | −170 | −312 | |
| −255 | 49.5 | −4.9 | −45.7 | |
| 5.2 | −9 | 22.1 | −20 | |
| −171 | −246 | −144 | −330 | |
| 258 | −82.2 | 53.4 | 7.8 | |
| – | −10.7 | −10.7 | −10.7 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.