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Prices as of 9 Oct 2026 close · Not investment advice

TGV Sraac Limited

NSE: TGVSLCommodity Chemicals

Share price

₹121.40

+0.48% close of 9 Oct 2026

Market cap ₹1,299 CrP/E 9.4

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

62

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,299 Cr

P/E ratio

9.4

P/B ratio

1.0

ROCE

13.0%

ROE

10.7%

Dividend yield

0.8%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹126.8052-week low ₹79.22

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 7.6% over the past year, and 8.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 22.9% to 17.7% over the last four years.

Whether it grew faster than its sector

It grew 8.2% a year against a sector median of 10.2% — 1.9 percentage points slower.

Room to re-rate, or risk of de-rating

At 9.4× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 25.6×, across 4 companies. It is against its own five-year median of 9.4×, the 50th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
TGV Sraac Limited — this one-29%/yr9.4×—
SRF Limited-4%/yr33.4×—
Deepak Fertilizers and Petrochemicals Corporation Limited-16%/yr17.9×—
Tata Chemicals Limited-51%/yr——
Gujarat Narmada Valley Fertilizers and Chemicals Limited-18%/yr8.4×—
Gujarat Alkalies and Chemicals Limited—67.0×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Commodity Chemicals), it ranks 15 of 30 on returns, 17 of 27 on growth, 8 of 30 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 13% on capital, ahead of 50% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1296 crore of cash from the business, spent ₹1011 crore on plant and equipment, and returned ₹295 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 212 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 8 checks clear · 88%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Standalone · Unaudited

Revenue

₹543 Cr

Revenue vs last year

+10.6%

Revenue vs last quarter

+6.3%

Net profit

₹45 Cr

Profit vs last year

+16.5%

Profit vs last quarter

+62.2%

Net margin

8.4%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,299 Cr
Prev close
₹121.40
52w High
₹130
52w Low
₹78.1
Enterprise value
—
Beta
1.3
Price CAGR 1y
-4.0%
Price CAGR 3y
0.0%
Price CAGR 5y
14.0%
Price CAGR 10y
16.0%

Ratios

Return on assets
6.2%
PEG ratio
-0.3
P/E ratio
9.4
P/B ratio
1.0
EV / EBITDA
—
Industry P/E
19.1
ROCE
13.0%
ROCE 5y average
17.4%
ROE
10.7%
Debt / Equity
0.3
Interest coverage
7.1
Dividend yield
0.8%
ROE 3y average
7.0%
ROE last year
11.0%

Annual P&L

Annual revenue
₹1,950 Cr
Annual profit
₹132 Cr
Operating margin
18.0%
Net profit margin
6.8%
EBITDA margin
18.2%
Sales growth 3y
-5.7%
Sales growth 5y
14.1%
Profit growth 3y
-29.0%
Profit growth 5y
35.0%
EPS
₹12.3
Sales growth TTM
8.0%
Profit growth TTM
18.0%
Dividend payout
8.0%

Quarter P&L

Sales latest quarter
₹543 Cr
Profit latest quarter
₹45 Cr
YoY quarterly sales growth
10.6%
YoY quarterly profit growth
15.4%
OPM latest quarter
18.4%

Balance Sheet

Book Value
₹121
Face Value
₹10.0
Total debt
₹357 Cr
Total cash
—
Borrowings
₹357 Cr
Reserves / Equity
11.1

Cash Flow

Operating cash flow
₹338 Cr
Free cash flow
₹9 Cr
FCF yield
-1.5%
Net cash flow
-₹20 Cr

Shareholding

Promoter holding
64.3%
FII holding
0.1%
DII holding
0.1%
Public holding
35.5%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
SRF2,454.0032.572,7430.36758.975.55,033.331.814.6
Deepak Fertilis.1,301.4016.716,4290.75490.0101.53,256.322.511.4
Tata Chemicals622.1015,8491.6960.0-106.84,255.014.43.4
G N F C590.008.48,6693.56312.0275.92,238.039.812.0
Tanfac Inds.3,185.00101.96,8900.1416.9-12.9187.26.323.9
Gujarat Alkalies605.2567.04,4452.9155.0499.01,244.912.71.4
Grauer & Weil82.3823.33,7350.5739.8-8.7298.717.920.6
TGV Sraac123.009.51,3170.8345.417.2543.110.613.0
Median180.7319.46990.287.359.0106.414.410.3

Competes with: Deepak Fertilizers and Petrochemicals Corporation Limited, GHCL Limited, Grauer & Weil India Limited, Gujarat Alkalies and Chemicals Limited, Gujarat Narmada Valley Fertilizers and Chemicals Limited, SRF Limited, Tata Chemicals Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales415360402368379428455487491500448511543
Expenses368333358354337360399428396407371426443
Material Cost190
Change in Inventories-3.67
Purchases of Stock-in-Trade0
Employee Cost24
Other Expenses233
Operating Profit482744144268565995937785100
OPM %117.55113.78111612121919171718
Other Income524425324553623
Exceptional items (within Other Income)0
Interest5567656976476
Depreciation20212122212121254040424236
Profit before tax27252110194432305250383862
Tax %27272728262626282626262727
Net Profit2019157143324223937282845
EPS in Rs1.841.741.420.671.283.072.222.033.623.462.622.614.24

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7778169081,0461,2051,0401,0091,5252,3261,5461,7491,9502,002
Expenses6697107768669748848601,2191,7861,4121,5201,5951,647
Operating Profit108107132180231157149306539134230355355
OPM %1413151719151520239131818
Other Income0597-68107658141615
Interest40446058714448353025302922
Depreciation3635477758566369748488164160
Profit before tax3233345395644820944283125178188
Tax %302652442826403618272626
Net Profit222417306847291343626192132139
EPS in Rs2.812.951.903.227.084.652.7013345.678.601213
Dividend Payout %00000000318128

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
9%
5 years
14%
3 years
-6%
TTM
8%

Compounded profit growth

10 years
18%
5 years
35%
3 years
-29%
TTM
18%

Stock price CAGR

10 years
16%
5 years
14%
3 years
0%
1 year
-4%

Return on equity

10 years
13%
5 years
15%
3 years
7%
Last year
11%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital7983879297102107107107107107107
Reserves1992362592903824355036369399891,0711,190
Borrowings346451476439328420499461234321357357
Other Liabilities194202255269289319344393402374432470
Total Liabilities8189721,0781,0911,0951,2751,4531,5981,6831,7921,9682,124
Fixed Assets4446606986696368087749021,0421,0481,2691,231
CWIP12400137729125551116812220
Investments22914108898931333535
Other Assets248309371394373430465551600542651637
Total Assets8189721,0781,0911,0951,2751,4531,5981,6831,7921,9682,124

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6550142153202122132168429164197338
Cash from Investing Activity-52-132-109-75-55-188-163-147-169-223-170-312
Cash from Financing Activity-291-33-76-1456558-38-25549-5-46
Net Cash Flow119-022-026-185-922-20
Free Cash Flow13-825272113-35642260-79539

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days252930373029365636445255
Inventory Days508279891251671261019010110897
Days Payable6577988067738166423875101
Cash Conversion Cycle10341145891238190841078650
Working Capital Days-83-80-97-72-11-22-34-1171-5-4
ROCE %1311121322129213851013

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters636363636363646464646464
FIIs0.1300000000.450.310.160.12
DIIs0.020.020.020.020.020.020.020.020.020.020.110.07
Public373737373737363636363636
No. of Shareholders59,44160,98662,44162,00463,33358,48757,19755,83053,45651,35251,64950,267

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +1.3% (₹119.85 → ₹121.40)Brick size ₹5.91 (fixed)Bricks 15
₹100₹121Nov '25May '26
Price moved up one brickPrice moved down one brickLast close ₹121.40 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

News

News and filings about TGV Sraac Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Chemicals
Industry
Commodity Chemicals
Classification
Chemicals › Commodity Chemicals
ISIN
INE284B01028

News impact

Big market events that reach TGV Sraac Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

18 Sep 2026unspecified₹1

Bulk & block deals

DateWhoBought / soldSharesPrice
25 Sep 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY6,02,591₹123.32
25 Sep 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL6,02,591₹123.43

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.