Tata Chemicals Q4 And FY26 Results Show Resilience

07 May 2026 CW Team

Tata Chemicals reported consolidated results for the quarter and year ended 31 March 2026, with consolidated revenue from operations at Rs 34.38 billion (bn) for the quarter, down by two per cent year on year, and EBITDA at Rs 2.74 bn. The company reported an exceptional impairment charge in the US of Rs 18.37 bn and a deferred tax assets write-off of Rs 1.59 bn in the quarter, which materially affected consolidated profitability and resulted in a loss before exceptional items and non-controlling interest of Rs 2.79 bn.

On a standalone basis, revenue rose to Rs 12.54 bn in the quarter, driven by higher volumes, while EBITDA was Rs 2.16 bn and profit after tax from continuing operations stood at Rs 480 mn. The Mithapur facility in Gujarat achieved production of one million tonnes per annum (mn tpa; tonne t) during FY26. The board recommended a dividend of Rs 11 per share and approved a Rs 1 bn investment to debottleneck salt capacity by 82,500 tpa at Mithapur.

For the full year, consolidated revenue was Rs 145.84 bn, down by two per cent, and EBITDA was Rs 18.05 bn. The company recorded an exceptional charge of Rs 19.56 bn and a deferred tax write-off of Rs 1.82 bn for FY26. Non-soda ash revenue grew by 14 per cent as the company commissioned new capacities, including a Pearl Silica facility of 3,000 tpa at Cuddalore and a FOS L55 facility of 4,500 tpa at Mambattu, and operationalised a 50,000 t electric calciner in Kenya.

The company completed the acquisition of Novabay Pte. Limited on 19 March 2026 and brought five megawatt (MW) solar capacity and other renewable initiatives online during the year. Management said it is focused on safeguarding margins, preserving cash flows and maintaining a strong balance sheet as it navigates volatile global soda ash markets. Net debt without leases stood at Rs 59.61 bn as at 31 March 2026.

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