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Consolidated Income from Operations for the year FY2022 stood at Rs.12,622 Cr up by 24% Consolidated PAT from continuing operations for the year FY2022 stood at Rs.1,400 Cr, up by 221% Dividend declared at Rs.12.50 per share

29th April, 2022: Tata Chemicals Limited today declared its financial results for the quarter ended and full-year ended 31st March, 2022. The Company reported income from operations for the quarter on consolidated basis at Rs. 3,481 Cr, up by 32% as compared to Rs. 2,636 Cr of the corresponding quarter of last year. Consolidated PAT from continuing operations for the quarter was at Rs. 470 Cr as compared to Rs. 29 Cr for the corresponding quarter of last year. The operating performance reflects higher volumes, realisations, and favorable market conditions. These results have been achieved in the context of a challenging input cost & energy environment.

On a standalone basis, for the full year, the income from operations rose by 24% to Rs.3,721 Cr, as compared to Rs.2,999 Cr as compared to FY2021. PAT on a standalone basis stood at Rs.787 Cr, up by 64%, as compared to Rs.479 Cr for the corresponding last year.

On a consolidated basis, for the full year, the income from operations stood at Rs.12,622 Cr, as compared to Rs.10,200 Cr as compared to FY2021. PAT on a Consolidated basis stood at Rs.1,400 Cr, up by 221%, as compared to Rs.436 Cr for the corresponding last year.

Consolidated Gross Debt stood at Rs. 7,025 Cr, as compared to Rs. 6,933 Cr as on 31 March 2021. Also, Cash & cash equivalents stood at Rs. 2,791 Cr, as compared to Rs. 3,105 Cr as on 31 March 2021. Commenting on the results, Mr. R. Mukundan, Managing Director & CEO, Tata Chemicals Ltd., said, “While the global demand environment continues to be positive across our products and their applications, the supply side environment especially energy and input costs remain at elevated levels along with logistic challenges that continue to be seen in the market. The team has responded well to ensure customers are served with agility. The focus has been to ensure sustained and consistent volume deliveries to customers. We continue our long-term focus on excellence by leveraging digitalization and sustainability. In addition to operational excellence, we continue to focus on executing the Phase I growth capex in India. The company has further planned for Phase II capacity expansion of soda ash (300 kt) and bicarb (70 kt) and specialty silica capacity by 50kt for a capex outlay of Rs. 2,000 Cr in India.”

Standalone Highlights Q4 FY22

  • Standalone Revenue from operations stood at Rs. 1,115 Cr, up 33%, as compared to Rs. 841 Cr in Q4 FY20-21
  • Standalone Profit Before Tax from continuing operations was Rs. 315 Cr and Profit After Tax was Rs. 268 Cr
  • Demand for soda ash and Bicarb is expected to remain firm
  • Salt volumes continue to grow on a yearly basis

Consolidated Highlights Q4 FY22

  • Consolidated Revenue from operations stood at Rs. 3,481 Cr, up 32%, as compared to Rs. 2,636 Cr in Q4 FY20-21
  • Consolidated Profit Before Tax from continuing operations was Rs. 513 Cr and Profit After Tax was Rs. 470 Cr
  • Company’s net debt as on March 31, 2022, remained at Rs. 4,233 Cr
  • Production volumes remain strong and at historic highs in the US unit
  • Cost environment is challenging and likely to stay at elevated levels in the near term
  • Rallis continues its growth capex investments while focussing on the launch of new products and reducing dependence on imported intermediates

About Tata Chemicals Ltd.
A part of the US$ 100+ billion Tata Group, Tata Chemicals Limited, is a leading supplier of choice to glass, detergent, industrial and chemical sectors. The company has a strong position in the crop protection business through its subsidiary company Rallis India Ltd. Tata Chemicals has world-class R&D facilities in Pune and Bangalore

For more information please contact:
R Nanda | Manisha Keshwa
Corporate Communications
Tel: +91 22 62327400 |+ 91 8879288634
Email: rnanda@tatachemicals.com | mkeshwa@tatachemicals.com

Payal Tiwari | Keerti Barua
Adfactors PR
Mobile: 9930811164 | 9167388013
Email: payal.tiwari@adfactorspr.com | keerti.barua@adfactorspr.com