Micro Chemicals

TGV SRACC Ltd.

TGVSL

₹99.45

-1.14% (-1.15)

Market Cap

₹1,065 Cr.

P/E

11.53

TGV SRACC Ltd.

Price
Growth Table
Balance Sheet
Profit & Loss
Cash Flow
Cash Flow Analysis
Ratios
Quarterly Results
Reverse DCF

FAQs on TGV SRACC Ltd. Shareprice

Has the share price of TGV SRACC grown faster than its competition?

TGV SRACC has given better returns compared to its competitors.
TGV SRACC has grown at ~8.09% over the last 3yrs while peers have grown at a median rate of 2.72%

Is TGV SRACC stock expensive?

Yes, TGV SRACC is expensive.
Latest PE of TGV SRACC is 11.66, while 3 year average PE is 10.85.
Also latest EV/EBITDA of TGV SRACC is 5.83 while 3yr average is 5.04.

View FAQ's On Business

Growth Table

TGV SRACC Ltd.
Chemfab Alkalis
Loading...
TN Petro Products
Loading...

In %	1yr	2yr	3yr	4yr	5yr	6yr	7yr	8yr	9yr	10yr
Share Price CAGR	23.61	0.96	7.24	31.14	41.02	18.29	15.78	19.90	21.01	24.53
TTM EPS CAGR	46.94	-49.47	-12.34	32.77	11.13	0.83	6.81	16.18	11.38	11.75
Sales CAGR	13.14	-13.28	4.67	14.75	10.95	6.41	7.24	7.17	8.83	8.46
PAT Margin (Abs Growth)	-11.62	-4.87	1.00	-0.67	-1.63	-0.20	1.81	0.67	0.75	2.30
PE CAGR	-18.23	99.49	23.30	-1.72	28.41	17.28	7.45	3.54	8.43	10.99
CFO CAGR	-61.76	-1.11	7.64	7.67	-4.09	1.23	2.10	16.02	10.79	7.70

* Share price and PE growth are updated everyday. All other fields are as of latest financial year end. EPS adjusted for bonus and splits.

Balance Sheet

TGV SRACC Ltd.
Chemfab Alkalis
Loading...
TN Petro Products
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Assets	972	1,081	1,096	1,103	1,279	1,459	1,632	1,786	1,808	1,968
Non Current Assets	634	686	668	659	790	935	951	1,059	1,227	1,378
Net Block	660	698	669	636	808	774	902	1,041	1,048	1,252
Capital Work in Progress	0.00	0.00	13.46	77.37	29.35	125	55.42	11.13	168	12.02
Intangible Assets Under Development	—	—	—	—	—	—	—	—	—	—
Long Term Investments	1.71	8.64	14.04	9.81	7.69	88.61	89.42	30.97	33.16	35.20
Current Assets	268	316	339	349	391	440	559	653	499	589
Inventory	69.77	65.76	65.04	89.90	127	116	109	140	126	141
Accounts Receivable	64.98	75.36	106	99.01	82.70	99.19	232	227	188	251
Short Term Investments	—	—	—	—	—	—	—	—	—	—
Cash & Bank Balances	42.17	60.09	52.99	38.33	68.95	106	69.78	62.38	42.40	96.15
Liabilities	972	1,081	1,096	1,103	1,279	1,459	1,632	1,786	1,808	1,968
Shareholders Funds	338	347	382	479	537	610	744	1,047	1,096	1,178
Share Capital	102	87.27	91.86	96.69	102	107	107	107	107	107
Reserves	227	258	290	373	430	503	636	939	989	1,071
Non Current Liabilities	230	237	257	277	358	420	393	255	259	273
Secured Loans	150	131	125	117	172	250	180	70.62	79.48	—
Unsecured Loans	9.84	26.01	7.50	5.00	4.35	2.93	0.85	—	—	65.87
Current Liabilities	404	497	457	347	385	428	495	485	454	516
Accounts Payable	65.38	82.00	58.90	47.74	55.50	74.21	71.97	64.78	47.57	97.60
Short Term Loans	225	258	237	151	190	194	256	142	222	265

Balance Sheet Snapshot

No data available.

Fund Flow Analysis

Increase
Decrease
Total

No data available.

*Data is as of latest FY end

Profit & Loss

TGV SRACC Ltd.
Chemfab Alkalis
Loading...
TN Petro Products
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Sales	816	931	1,189	1,205	1,040	1,009	1,525	2,326	1,546	1,749
Operating Expenses	704	794	987	964	883	859	1,219	1,786	1,412	1,524
Raw Material	293	301	265	261	281	334	391	566	454	516
Salt	49.96	54.93	64.99	75.01	71.69	77.06	125	173	163	—
Potassium Chloride	62.26	47.42	37.59	62.85	92.77	114	121	212	161	—
Castor Oil	74.70	57.86	43.68	25.57	24.51	20.30	11.87	10.34	6.67	—
Chemicals	8.60	1.20	0.00	0.68	0.42	0.60	0.01	0.00	0.00	—
Palm Oil	38.55	29.33	18.06	4.75	4.85	8.21	0.74	12.99	0.82	—
Vegetable Oil	2.53	3.64	5.05	2.48	0.49	1.85	1.69	1.08	0.29	—
Edible Oils & Fats	52.73	76.56	53.46	39.78	50.96	72.73	51.23	53.02	27.90	—
Others	2.25	5.04	0.27	1.94	1.89	1.66	1.43	1.18	1.99	—
Methanol	0.99	25.33	42.16	48.16	33.80	37.40	77.39	102	93.38	—
Furnace Oil	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Generation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Potash	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Material Cost (%)	34.60	32.70	22.39	21.75	26.80	33.30	25.94	24.24	29.27	29.76
Employee Cost	33.49	38.00	41.50	49.17	53.13	48.17	55.96	68.37	69.23	73.34
Power & Fuel Cost	284	319	394	461	376	306	497	776	599	—
Operating Profit	113	137	201	241	157	150	306	539	134	225
Other Income	5.34	8.65	6.90	5.15	8.14	9.88	7.02	6.71	18.20	14.18
OPM (%)	13.80	14.74	16.93	19.97	15.13	14.86	20.07	23.20	8.69	12.86
Depreciation and Amortisation	35.47	46.60	76.56	58.14	56.29	63.18	68.62	73.62	83.50	88.09
Interest	43.90	59.67	58.05	70.81	44.46	47.75	35.10	30.39	25.33	25.53
Profit Before Tax	38.64	39.65	73.49	105	64.79	48.87	209	442	83.66	126
Tax	8.43	17.72	23.19	26.89	16.76	19.15	74.83	80.08	22.68	33.20
Net Profit	24.42	16.58	29.61	68.40	47.27	28.95	134	362	60.72	92.12
Number of shares(Crs)	8.29	8.72	9.18	9.66	10.17	10.71	10.71	10.71	10.71	—
Dividend Payout Ratio(%)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	17.56	—

TTM Values as of Mar 2025

Cash Flow

TGV SRACC Ltd.
Chemfab Alkalis
Loading...
TN Petro Products
Loading...

In Rs. Cr.	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Sep'24
Cash from Operating Activity	50.01	142	153	202	122	132	168	429	164	168
Profit Before Tax	38.64	34.30	52.80	95.29	64.03	48.10	209	442	83.31	93.79
Adjustments	69.59	97.31	145	117	91.01	94.00	89.49	97.93	101	99.42
OCF Before Working Capital	73.15	132	198	212	155	142	298	539	184	193
Working Capital Changes	-15.60	16.11	-33.18	4.14	-14.20	3.89	-93.50	-3.60	-0.77	-5.50
Taxes Paid	-7.54	-5.81	-11.84	-14.10	-18.73	-14.39	-36.97	-107	-19.12	-20.16
Cash from Investing Activity	-132	-109	-74.68	-54.84	-188	-163	-147	-169	-223	-265
Net Fixed Assets Purchased	-132	-89.85	-80.61	-88.90	-157	-125	-126	-169	-244	1.04
Fixed Assets Purchased	-132	-89.85	-80.61	-89.35	-157	-125	-138	-171	-246	—
Fixed Assets Sold	—	—	—	0.45	—	—	11.96	2.26	2.72	1.04
Investment Purchased	-0.00	-23.10	-4.85	-2.51	-34.89	-43.69	-40.15	-19.87	—	—
Investment Sold	—	—	4.70	32.23	—	1.16	12.83	15.12	14.17	—
Interest Recieved	—	3.68	6.04	4.29	4.17	4.25	6.02	4.82	6.64	6.99
Dividends Recieved	0.04	0.04	0.04	0.05	0.05	0.06	0.07	0.09	0.10	0.10
Subsidiary Investments	—	—	—	—	—	—	—	—	—	—
Cash from Financing Activity	91.31	-32.92	-76.12	-145	65.16	57.55	-38.34	-255	49.49	105
Proceeds From Shares	16.13	0.30	5.86	27.55	14.12	14.86	—	—	—	—
Net Long Term Borrowings	0.00	-18.30	-5.94	-9.79	52.84	76.89	-73.41	-111	8.61	12.52
Proceeds From Borrowings	—	—	—	—	52.84	76.89	—	—	—	12.52
Repayment From Borrowings	—	-18.30	-5.94	-9.79	—	—	-73.41	-111	8.61	—
Interest Paid	—	-49.78	-51.26	-61.94	-35.59	-36.26	-27.24	-22.88	-22.93	-19.63
Dividend Paid	—	-0.02	—	—	—	—	—	—	-10.71	—
Net Cash Flow	9.03	-0.24	1.74	2.34	-0.47	25.75	-17.62	5.24	-9.04	7.70
Opening Cash & Cash Equivalents	33.14	3.37	3.12	4.86	7.20	6.72	32.47	14.85	20.10	—
Effect of FX	—	—	—	—	—	—	—	—	—	—
Closing Cash & Cash Equivalents	42.17	3.12	4.86	7.20	6.72	32.47	14.85	20.10	11.06	—
Net Capex (est)	132	89.85	80.61	88.90	157	125	126	169	244	-1.04
Free Cash Flow (est)	-82.31	52.06	71.93	113	-34.97	6.42	41.95	260	-79.45	169

Cash Flow Analysis

Increase
Decrease
Total

No data available.

Ratios

= Dominant Factor

TGV SRACC Ltd.
Chemfab Alkalis
Loading...
TN Petro Products
Loading...

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational Ratios
Quick Ratio	0.48	0.49	0.51	0.60	0.75	0.69	0.76	0.91	1.06	0.82
Liquid Assets (Crs)	169	199	252	274	260	264	324	450	513	374
Current Liabilities (Crs)	354	404	497	457	347	385	428	495	485	454
Current Ratio	0.59	0.66	0.64	0.74	1.01	1.02	1.03	1.13	1.35	1.10
Current Assets (Crs)	210	268	316	339	349	391	440	559	653	499
Current Liabilities (Crs)	354	404	497	457	347	385	428	495	485	454
Interest Coverage Ratio	1.94	1.88	1.66	2.27	2.48	2.46	2.02	6.96	15.55	4.30
EBIT (Crs)	77.39	82.55	99.32	132	188	109	96.62	244	473	69.09
Interest Expenses (Crs)	39.97	43.90	59.67	58.05	70.81	44.46	47.75	35.10	30.39	25.33
Fixed Asset Turnover	0.81	0.67	0.72	0.87	0.87	0.64	0.61	0.83	1.13	0.72
Net Sales (Crs)	777	816	931	1,189	1,205	1,040	1,009	1,525	2,326	1,546
Fixed Assets (Crs)	954	1,210	1,300	1,367	1,392	1,618	1,648	1,840	2,050	2,141
Cash Conversion Cycle	-40.23	-32.82	-39.38	-49.71	-27.45	2.38	6.45	-0.83	11.26	34.96
Inventory Days	21.97	22.34	24.04	19.66	20.16	38.09	44.01	26.95	19.53	31.32
Days Receivable	21.91	23.31	24.89	27.28	26.69	31.88	32.91	39.65	36.01	48.95
Days Payable	84.12	78.47	88.31	96.65	74.30	67.59	70.47	67.43	44.27	45.31
Debt to Equity Ratio	1.10	1.28	1.37	1.15	0.68	0.74	0.78	0.59	0.21	0.28
Total Debt (Crs)	327	432	476	439	328	396	477	441	215	302
Shareholders Equity (Crs)	297	338	347	382	479	537	610	744	1,047	1,096
Free Cash Flow/Sales (%)	1.73	-10.08	5.59	6.05	9.41	-3.36	0.64	2.75	11.20	-5.14
Free Cash Flow(est) (Crs)	13.42	-82.31	52.06	71.93	113	-34.97	6.42	41.95	260	-79.45
Net Sales (Crs)	777	816	931	1,189	1,205	1,040	1,009	1,525	2,326	1,546
Profitability Ratios
Gross Margin (%)	63.16	65.40	67.30	77.61	78.25	73.20	66.70	74.06	75.76	70.73
Op Profit Margin (%)	13.92	13.80	14.74	16.93	19.97	15.13	14.86	20.07	23.20	8.69
Operating Profit (Crs)	114	118	146	208	246	166	160	313	546	153
Net Sales (Crs)	777	816	931	1,189	1,205	1,040	1,009	1,525	2,326	1,546
Net Profit Margin (%)	2.85	2.99	1.78	2.49	5.68	4.54	2.87	8.80	15.55	3.93
Net Profit (Crs)	22.15	24.42	16.58	29.61	68.40	47.27	28.95	134	362	60.72
Net Sales (Crs)	777	816	931	1,189	1,205	1,040	1,009	1,525	2,326	1,546
ROCE (%)	16.69	14.55	17.01	20.58	24.82	12.22	9.37	21.50	36.30	5.10
EBIT (Crs)	77.39	82.55	99.32	132	188	109	96.62	244	473	69.09
Capital Employed (Crs)	464	567	584	639	756	894	1,031	1,137	1,302	1,355
Return on Assets (%)	2.71	2.51	1.53	2.70	6.20	3.70	1.98	8.22	20.24	3.36
Net Profit (Crs)	22.15	24.42	16.58	29.61	68.40	47.27	28.95	134	362	60.72
Total Assets (Crs)	818	972	1,081	1,096	1,103	1,279	1,459	1,632	1,786	1,808
ROIC (%)	13.70	12.52	10.85	16.44	20.05	9.63	6.55	15.91	32.83	3.04
Op Profit after Taxes (Crs)	53.61	60.36	50.14	85.32	136	74.96	52.75	153	381	37.10
Invested Capital (Crs)	391	482	462	519	677	778	805	959	1,162	1,221
ROE (%)	7.46	7.23	4.78	7.74	14.28	8.81	4.74	18.05	34.55	5.54
Net Profit Margin (%)	2.85	2.99	1.78	2.49	5.68	4.54	2.87	8.80	15.55	3.93
Asset Turnover ratio	0.95	0.84	0.86	1.08	1.09	0.81	0.69	0.93	1.30	0.85
Equity Multiplier	2.75	2.88	3.12	2.87	2.30	2.38	2.39	2.19	1.71	1.65
Adjusted EPS	3.55	3.64	2.51	5.48	8.10	4.72	2.77	12.56	33.81	5.70
Valuation Ratios
P/E	3.05	4.40	8.87	9.50	5.16	2.52	8.74	6.24	2.89	14.25
Price to Book	0.31	0.43	0.56	1.25	0.86	0.23	0.43	1.13	1.00	0.79
EV/EBITDA	3.50	4.59	4.19	4.15	2.82	2.71	3.94	3.87	2.19	7.40
Dividend Yield (%)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.23

Quarterly Results

TGV SRACC Ltd.
Chemfab Alkalis
Loading...
TN Petro Products
Loading...

In Rs. Cr.	Dec'22	Mar'23	Jun'23	Sep'23	Dec'23	Mar'24	Jun'24	Sep'24	Dec'24	Mar'25
Net Sales	592	529	415	360	402	368	379	428	455	487
Operating Expenses	449	462	368	333	358	354	337	360	399	428
Increase/Decrease in Stock	-2.61	3.53	-5.76	0.89	1.45	1.38	1.32	3.87	-3.67	2.67
Raw Material	159	148	134	115	125	123	121	128	128	140
Employee Cost	17.39	16.60	18.43	16.81	17.34	16.65	19.19	17.29	18.00	18.86
Selling and Distribution Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Electricity, Power & Fuel Cost	181	211	158	136	155	146	136	139	181	172
Gen_AdminExpenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Miscellaneous Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Profit	143	66.58	47.70	27.22	43.92	13.91	42.13	68.44	55.79	58.63
Other Income	1.21	3.05	4.71	3.01	3.96	6.52	2.82	2.31	3.99	5.06
Interest	5.28	8.92	5.04	5.34	5.95	7.36	5.51	5.15	6.21	8.66
PBDT	139	60.71	47.37	46.13	41.93	31.73	39.44	65.60	53.57	55.03
Depreciation and Amortization	18.60	19.08	20.09	20.65	21.08	21.68	20.77	21.02	21.48	24.82
Profit Before Tax	120	41.63	27.28	25.48	20.85	10.05	18.67	44.58	32.09	30.21
Tax	32.68	9.85	7.46	6.82	5.59	2.80	4.91	11.60	8.23	8.46
Profit After Tax	87.77	31.78	19.82	18.66	15.26	7.25	13.76	32.98	23.86	21.75
Exceptional Items	0.00	0.00	0.00	21.24	0.00	18.66	0.00	0.00	0.00	0.00
Net Profit	87.63	31.64	19.75	18.60	15.21	7.17	13.71	32.90	23.81	21.70
Quarterly Ratios
EPS	8.19	2.97	1.85	1.74	1.43	0.68	1.28	3.08	2.23	2.03
Operating Profit Margin	24.19	12.59	11.48	7.55	10.92	3.78	11.11	15.99	12.26	12.04
Net Profit Margin	14.81	5.98	4.75	5.16	3.78	1.95	3.62	7.69	5.23	4.46

Reverse DCF

Earnings

Discount Rate (%)

Terminal Multiple

5 YEAR

10 YEAR

20 YEAR

11.10%

Implied Growth Rate over a 5 year period*

0.00%

Implied Growth Rate over a 10 year period*

-2.00%

Implied Growth Rate over a 20 year period*

*Implied Growth calculated using Newton-Rhapson method.

Learn how to use Reverse DCF

FAQs on TGV SRACC Ltd. Financials

How strong is TGV SRACC balance sheet?

Balance sheet of TGV SRACC is moderately strong, But short term working capital might become an issue for this company.

Is the debt of TGV SRACC increasing or decreasing?

Yes, The net debt of TGV SRACC is increasing.
Latest net debt of TGV SRACC is ₹235 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹218 Crs.

Is the profitablity of TGV SRACC improving?

The profit is oscillating.
The profit of TGV SRACC is ₹92.12 Crs for TTM, ₹60.72 Crs for Mar 2024 and ₹362 Crs for Mar 2023.

Does TGV SRACC pay decent dividends?

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
TGV SRACC latest dividend payout ratio is 17.56% and 3yr average dividend payout ratio is 17.56%

How has TGV SRACC allocated its funds?

Companies resources are majorly tied in miscellaneous assets

View FAQ's On Shareholding

Ideas Dashboard

Timeline

Watchlist

Portfolio

Alerts

Research

Stock Screener

Market

Raw Material

TGV SRACC Ltd.

TGV SRACC Ltd.

Has the share price of TGV SRACC grown faster than its competition?

Is TGV SRACC stock expensive?

How strong is TGV SRACC balance sheet?

Is the debt of TGV SRACC increasing or decreasing?

Is the profitablity of TGV SRACC improving?

Does TGV SRACC pay decent dividends?

How has TGV SRACC allocated its funds?

SIGN UP FOR FREE