Tata Chemicals Limited, a Tata group company which was started by the visionary industrialist J.R.D Tata in 1939 for the chemical sector. Tata Chemicals Limited is a prominent Indian multinational company that operates in various sectors, primarily in chemicals, fertilizers, and consumer products. In this article we will discuss Tata Chemicals Share Price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Business Model of Tata Chemicals Limited
Tata Chemicals operates across diverse sectors and has a multifaceted business model consisting of the following key elements –
- Core Business Segments: Tata Chemicals operates in several core business segments, each contributing to its overall revenue and growth. These segments include:
- Basic Chemistry Products: Manufacturing essential chemicals like soda ash, salt, and sodium bicarbonate, serving as foundational materials for various industries.
- Specialty Chemistry Products: Producing high-value specialty chemicals used in applications across agriculture, food, and healthcare.
- Consumer Products: Marketing trusted consumer brands such as Tata Salt and Tata Sampann, which cater to the daily needs of consumers.
- Fertilizers: Tata Chemicals is a significant player in the fertilizer industry, manufacturing urea and various phosphate-based fertilizers. This segment is critical for supporting agricultural productivity and food security.
- Global Operations: The company has a global footprint, with operations in multiple countries, including India, the United States, the United Kingdom, Kenya, and others. This international presence allows Tata Chemicals to access diverse markets and leverage global opportunities.
- Innovation and Research: Tata Chemicals places a strong emphasis on innovation and research and development (R&D). It invests in creating cutting-edge products and solutions, fostering a culture of continuous improvement and staying ahead in the competitive landscape.
Sales per Business Specification
| Specifications (in INR Million) | 2022 | Weightage | 2023 | Weightage | Changes |
|---|---|---|---|---|---|
| Basic Chemistry Products | 97,572 | 77.3 % | 135,970 | 81.0 % | +39.35% |
| Specialty Products | 28,263 | 22.4 % | 31,980 | 19.0 % | +13.15% |
| Intersegment Revenue | -119 | -0.1 % | -280 | -0.2 % | +135.89% |
| Unallocated | 504 | 0.4 % | 220 | 0.1 % | -56.38% |
Shareholding of Tata Chemicals Limited
As of June 2023, Shareholding of Tata Chemicals Ltd are as –
- Promotors – 37.98%.
- Retail & Others- 27.65%.
- Foreign Institution – 14.47%.
- Other Domestic Institutions – 11.37%.
- Mutual Fund – 8.53%.
Tata Chemicals Share
Tata Chemicals Ltd is listed on the National Stock Exchange and the Bombay Stock Exchange and has a large number of shareholders. Promotors holds the majority stake in the company.
As of 06 October, 2023, Tata Chemicals share price on the NSE was INR 1014.50/-, Tata Chemicals Share 52 week high at Rs. 1214.19/- & 52 week low Rs. 876.80/-, P/E ratio is 11.42 & Divi Yield is 1.73%.
| Company Name | Tata Chemicals Limited |
| Share Name | TATACHEM |
| Sector | Chemicals |
| Headquater | Mumbai |
| Foundation | 1939 |
| Key Person | Mr. Ramakrishna Mukundan (Chairman) |
| Market Cap | Rs.25,808.08 Crore |
| Revenue | Rs.5,231 Crore |
| Official Website | Click Here |
Tata Chemicals Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 1025 | 1046 |
| 2024 | 1051 | 1108 |
| 2025 | 1113 | 1175 |
| 2026 | 1180 | 1256 |
| 2027 | 1262 | 1310 |
| 2028 | 1320 | 1385 |
| 2029 | 1392 | 1466 |
| 2030 | 1471 | 1596 |
| 2040 | 1575 | 1650 |
| 2050 | 3150 | 3260 |
Note:- “That these share price targets for “Tata Chemicals Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Tata Chemicals Ltd
Annual Results Summary 2022-23 of Tata Chemicals Ltd –
- Tata Chemicals Ltd (TCL) reported a consolidated net profit of Rs 1,131 crore for the year ended March 31, 2023, up 60% from Rs 711 crore in the previous year.
- Revenue from operations increased 30.81% to Rs 5,231crore in FY23 from Rs 3,998.86crore in FY22.
- EBITDA for FY23 was Rs 3,319 crore, up 31% from Rs 2,539 crore in FY22.
- TCL’s soda ash business performed well in FY23, with revenue and EBITDA growing 25% and 33%, respectively.
- The company’s fertilizer business also reported strong growth, with revenue and EBITDA increasing 23% and 32%, respectively.
Last 5 Year History of Tata Chemicals Share
In Last 5 year Tata Chemicals Ltd Share give 250.78% returns to its Investors. On Oct 2022, Tata Chemicals share is on Record high of Rs.1214.19/-.
| Year | Share Price |
| Sep 2019 | 263 |
| Sep 2020 | 290.70 |
| Sep 2021 | 844.50 |
| Sep 2022 | 1105 |
| Sep 2023 | 1014 |
Tata Chemicals Share Price Target 2023
TCL is in a great position to thrive as the demand for its products keeps rising, both at home and abroad. Their soda ash business is set to do well because it’s in high demand by the glass and detergent industries. Additionally, TCL’s fertilizer business is expected to thrive thanks to the government’s efforts to boost agricultural productivity. As per our Analysis Tata Chemicals First Target for 2023 is Rs.1025 & Second Target is RS.1046.
Tata Chemicals share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1025 | ₹1046 |
Tata Chemicals Share Price Target 2024
The company’s strong balance sheet and focus on operating efficiency over the past few years will help it maintain its profitability in the years to come. The company is doing very well in the chemical sector, TCL has a net debt-to-equity ratio of 0.27x, one of the lowest in the industry. As per our Analysis Tata Chemicals First Target for 2024 is Rs.1051 & Second Target is RS.1108.
Tata Chemicals share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹1051 | ₹1108 |
Tata Chemicals Share Price Target 2025
Tata Chemicals’ business is experiencing rapid growth year by year, not only in India but also across Africa, America, Europe, and several other key Asian countries. This company can be a dependable investment opportunity for serious investors. As per our Analysis Tata Chemicals First Target for 2025 is Rs.1113 & Second Target is RS.1175.
Tata Chemicals share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹1113 | ₹1175 |
Tata Chemicals Share Price Target 2026
TCL’s fertilizer business also reported strong growth in FY23, with revenue and EBITDA increasing 23% and 32%, respectively. The company’s fertilizer production increased 2% to 4.1 million tonnes in FY23 from 4.0 million tones in FY22. As per our Analysis Tata Chemicals First Target for 2026 is Rs.1051 & Second Target is RS.1108.
Tata Chemicals share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹1180 | ₹1256 |
Tata Chemicals Share Price Target 2027
When examining Tata Chemicals’ annual financial data, it’s evident that the company has achieved a remarkable sales growth rate of 19% over the past three years and an impressive 32.49% in the last year alone. These figures indicate that the company is poised for continued rapid growth in the future. As per our Analysis Tata Chemicals First Target for 2027 is Rs.1262 & Second Target is RS.1310.
Tata Chemicals share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹1262 | ₹1310 |
Tata Chemicals Share Price Target 2028
Along with the sales growth of the Tata Chemicals limited, the profit growth is also 28% for the last one year, but it was negative for last 3 years & 5 years. Company also has a poor ROE of 5.29% over the past 3 years. As per our Analysis Tata Chemicals First Target for 2028 is Rs.1320 & Second Target is RS.1385.
Tata Chemicals share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹1320 | ₹1385 |
Tata Chemicals Share Price Target 2029
Tata Chemicals typically offers its investors an average return of 5-6%. With this in mind, it’s projected that Tata Chemicals Ltd shares could potentially increase by 36-40% by the year 2029. As per our Analysis Tata Chemicals First Target for 2029 is Rs.1320 & Second Target is RS.1385.
Tata Chemicals share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹1392 | ₹1466 |
Tata Chemicals Share Price Target 2030
Tata Chemicals is likely to emphasize sustainability and environmental responsibility in its future operations. This may involve initiatives related to reducing carbon emissions, conserving resources, and developing eco-friendly products. As per our Analysis Tata Chemicals First Target for 2030 is Rs.1471 & Second Target is RS.1596.
Tata Chemicals share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹1471 | ₹1596 |
Joint Ventures & Subsidiaries of Tata Chemicals Limited
Joint Ventures:
- Advinus Therapeutics Ltd.: Tata Chemicals held a joint venture with Advinus Therapeutics Ltd., which was involved in pharmaceutical and life sciences research and development.
- Tata Chemicals (Soda Ash) Partners Holdings (formerly known as General Chemical Industrial Products Inc.): This joint venture with The Church & Dwight Co., Inc. was engaged in the production of soda ash and sodium bicarbonate.
- Tata Chemicals Europe Limited (formerly Brunner Mond): Tata Chemicals held a stake in this joint venture, which focused on the manufacturing and distribution of chemicals in Europe.
- Tata Chemicals Magadi Limited: A joint venture with the government of Kenya, this entity was involved in the production of soda ash and related products.
Subsidiaries:
- Tata Chemicals North America Inc.: This subsidiary of Tata Chemicals Limited was involved in the distribution and marketing of chemicals in North America.
- Tata Chemicals (Soda Ash) Partners Inc.: A subsidiary related to the joint venture with The Church & Dwight Co., Inc., this company was engaged in the production and sale of soda ash and sodium bicarbonate.
- Tata Chemicals International Pte. Ltd.: A subsidiary involved in the marketing and distribution of chemicals on an international scale.
- Rallis India Limited: Although primarily a subsidiary of Tata Chemicals, Rallis India Limited operates independently and is engaged in the agrochemicals and crop protection business.
Dividend History of Tata Chemicals Share
Here is a brief overview of TCL Share dividend history over the past few years:
- In 2023, Company declared a final dividend of Rs. 17.50 per share.
- In 2022, Company declared a final dividend of Rs. 12.50 per share.
- In 2021, Company declared a final dividend of Rs. 10 per share.
- In 2020, Company declared a final dividend of Rs. 11 per share.
FAQs
The business of Tata Chemicals Limited is growing in India as well as abroad, Demand for The Company’s products include Basic Chemistry Products and Specialty Products increasing.
Tata Chemical Limited have good future.
Share target price of Tata Chemicals in 2025 will be Rs.1113 to Rs.1175.
Target Price for Tata Chemicals in 2030 is Rs.1471 to Rs.1596.
