Tuticorin Alkali Chemicals & Fertilizers Ltd

Tuticorin Alkali Chemicals & Fertilizers Ltd – Company Report


1. Company Overview


Tuticorin Alkali Chemicals & Fertilizers Ltd. (TACFL), founded in 1971 and part of the SPIC group, is South India’s only large-scale manufacturer of soda ash (sodium carbonate) and a co-producer of ammonium chloride fertilizer. Strategically located in Tuticorin, Tamil Nadu, the company’s operations are closely integrated with local raw material linkages. TACFL employs an eco-friendly dual-process technology, sourcing CO₂ and ammonia from nearby industrial producers, enhancing both environmental sustainability and production efficiency. Its products cater to vital sectors such as detergents, glass, textiles, agrochemicals, and agriculture.

Key Highlights

  • Incorporated: 1971
  • Headquarters: Chennai; Plant: Tuticorin, Tamil Nadu
  • Group: SPIC
  • Certifications: ISO 9001:2008, BIS
  • Employees: 201–500
  • Listed on: BSE (Code: 506808)
  • Core Strengths: Eco-efficient production, dual-process innovation, strategic coastal plant location

2. Products and Services


  • Soda Ash (Sodium Carbonate)

    • All grades used in detergents, glass, chemicals, and textiles
  • Ammonium Chloride Fertilizer

    • Offered in fertilizer, technical, and pure grades for agriculture and industry
  • Other Offerings

    • Sodium Bicarbonate (refined, food, pharma grades)
    • Ammonium Bicarbonate (limited volumes)
    • Pesticide Formulations (capacity: 1.5 million liters/year)
  • Key Sectors Served

    • Detergents, chemicals, textiles, pharmaceuticals, food processing, and agriculture

3. Recent News and Business Developments (2025)


  • Green Soda Ash Initiative

    • Commenced commercial production of “green soda ash” at the Thoothukudi plant using carbon-capture technology
    • Captures CO₂ from biomass boiler flue gases and converts it into fuel
    • Imports “green ammonium” from Egypt, drastically reducing carbon emissions
    • Signed supply agreement with a multinational for green soda ash for detergent production
    • Aligns operations with circular economy principles
  • Production Expansion

    • Expanded output of sodium bicarbonate and technical-grade ammonium chloride
    • Recognized by multinational clients for quality and delivery reliability
  • Incident: Ammonia Gas Leak (July 12, 2025)

    • Tragic gas leak incident during maintenance work led to one death and four serious injuries
    • Units were shut down at the time; safety measures under scrutiny
    • Protests by relatives demanding accountability and compensation
    • Incident prompted official inquiries by local authorities

4. Financial Performance (FY2025)


Metric FY2025
Revenue ₹339 crore
Net Profit (PAT) ₹62 crore
EPS ₹5.10
Dividend None declared
Return on Equity 40.2%

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales3.112.06
EV / EBITDA15.4512.12
Debt / Equity0.690.39
ROE %40.2119.36
ROCE %37.9922.7
P / B6.833.35
Div Yld %01.82
P/E21.7620.8
OPM %20.0615.5
Qtr Sales Growth YOY %44.3914.37
Qtr Profit Growth YOY %-54.6129.78
ROA LAST 12M %9.4411.73
Prom. Hold. %7563.46
Sales 3Yrs CAGR %21.0430.81
Sales 5Yrs CAGR %14.5922.95
Profit 3Yrs CAGR %48.9567.78
Profit 5Yrs CAGR %31.1249.22

Scroll table for more