TGV SRAAC Limited

TGV SRAAC Limited

TGVSL.BO
TGV SRAAC LimitedIN flagBombay Stock Exchange
104.25
INR
+0.65
- -
11.16BMarket Cap
TGV SRAAC Limited
TGVSL.BO
(Bombay Stock Exchange)

Recent

price

104.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
104.34
116.76
119.08
103.2
98.73
102.77
103.58
115.09
130.19
106.35
93.85
141.32
216.29
143.55
163.28
- -
181.7
Revenue per Share
0.01
2.06
5.5
0.64
2.82
3.07
1.98
3.27
7.43
4.88
2.72
12.53
33.77
5.68
8.6
- -
12.29
Basic EPS, GAAP
20.59
15.53
-3.78
0.48
1.71
-10.36
6.22
7.94
12.26
-3.61
0.6
2.8
24.11
-7.69
4.99
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
- -
- -
Dividend per Share
12.77
16.68
18.79
16.42
16.96
14.86
14.83
15.76
19.68
21.34
22.56
30.11
54.55
58.46
64.5
- -
9.98
Book Value per Share
30.63
32.77
39.39
36.89
32.04
41.21
41.26
42.21
52.04
55.37
57.37
69.43
97.73
102.5
110
- -
120.87
Tangible Book Value per Share
68
67
69
75
79
79
84
91
92
97
106
107
107
107
107
- -
107
Basic Weighted Avg Shares
7,061
7,881
8,166
7,690
7,767
8,164
8,662
10,426
11,985
10,305
9,983
15,134
23,162
15,346
17,490
19,502
19,502
Sales/Revenue/Turnover
8.86
7.53
9.1
7.5
8.48
9.29
10.62
12.18
15.84
10.31
8.7
16.03
20.5
3.42
7.83
9.51
9.51
Operating Margin (%)
345
366
405
355
364
355
515
968
585
563
632
690
740
835
881
1,641
1,641
Depreciation Expense
- -
139
377
48
222
244
166
296
684
473
290
1,342
3,616
607
921
1,319
1,319
Net Income, GAAP
100
49.75
6.01
- -
25.22
21.82
44.7
31.55
25.57
25.87
39.19
35.74
18.11
27.1
26.44
26.01
26.01
Effective Tax Rate (%)
0.01
1.76
4.62
0.62
2.85
2.99
1.91
2.84
5.71
4.59
2.9
8.87
15.61
3.96
5.27
6.76
6.76
Profit Margin (%)
-762
-1,127
-1,268
-1,477
-1,440
-1,364
-1,803
-1,185
20
62
121
647
1,679
458
730
489
489
Working Capital
1,635
1,321
1,102
1,091
979
1,556
1,382
1,338
1,233
1,970
2,720
1,980
858
939
854
1,539
1,539
LT Debt
2,073
2,212
2,701
2,749
2,520
3,274
3,467
3,824
4,790
5,366
6,102
7,435
10,466
10,958
11,783
12,973
12,973
Total Equity
- -
6.41
12.64
- -
9.28
9.16
6.39
10.41
16.72
8.62
5.02
13.29
30.76
2.8
6.76
8.57
8.57
Return on Invested Capital (%)
0.02
8.99
8.82
- -
11.5
11.08
7.99
10.94
20.86
13.14
7.29
20
47.83
8.7
11.14
19.78
19.78
Return on Capital (%)
0.05
13.95
31.26
3.8
17.32
19.39
13.7
22.2
42.23
24.37
12.96
47.7
79.77
10.04
14
33.06
33.06
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,114
- -
2,023
LT Borrowings
755
- -
1,295
LT Finance Leases
182
- -
243
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
107
- -
107
Market Capitalization
12,771
11,962
8,503

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
6,466
- -
5,700
Cash, Cash Equivalents & STI
2,018
- -
1,225
Accounts Receivable, Net
2,804
- -
2,915
Inventories
1,525
- -
1,492
Total Current Liabilities
5,187
- -
5,211
Payables & Accruals
- -
- -
- -
ST Debt
2,114
- -
2,023
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.21%
16.99%
10.11%
Free Cash Flow
42.81%
149.12%
-85.37%
Net Income, GAAP
65.25%
108.92%
43.17%
Sales/Revenue/Turnover
12.06%
19.27%
11.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,154
3,604
4,022
3,567
15,346
2025
3,791
4,281
4,551
4,868
17,490
2026
4,909
4,999
4,482
5,111
19,502

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.84
1.73
1.42
- -
5.68
2025
1.27
3.07
2.22
2.02
8.6
2026
3.61
3.46
2.61
2.61
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
Business
TGV SRAAC Limited (formerly Sree Rayalaseema Alkalies and Allied Chemicals Ltd.) manufactures chlor-alkali products, chloromethanes, castor oil derivatives, fatty acids, and toilet soap; it also operates captive power projects including a 28 MW thermal plant and solar power facilities totaling 45.4 MWp. The company's chlor-alkali portfolio encompasses caustic soda lye and flakes (mercury-free) for aluminum, paper, pulp, pharmacy, soaps, textiles, and rayon industries; caustic potash lye and flakes for dyes, pharmaceuticals, food, liquid fertilizers, and potassium compounds; liquid chlorine for water treatment and paper; hydrochloric acid for OSIN manufacturing, bone washing, and general chemicals; hydrogen gas for hydrogenation of vegetable oils, liquid glucose production, metallurgy, pharmaceuticals, tungsten components, and incandescent lamps; sodium hypochlorite liquid for water treatment, textiles processing, paper and pulp; barium sulphate for storage batteries, paints, and adhesives; potassium carbonate for TV picture tubes, pharma, dyes, and food additives; and sodium hypo bleach liquor for disinfecting, deodorizing, effluent control, bleaching in textiles and laundries, water treatment, sewage disposal, mosquito eradication, and residential disinfection. Castor derivatives, fatty acids produced using Costruzioni Meccaniche Bernardini technology from Italy, and chloromethanes complement the core offerings, with direct B2B marketing to industrial customers and exports to markets including Canada, China, Dubai, France, Germany, Japan, Malaysia, Russia, Singapore, USA, and the UK. Founded in 1981 and headquartered in Kurnool, Andhra Pradesh, India, with registered office and factory at Gondiparla, the ISO 9001, 14001, and OHSAS 18001 certified firm utilizes Bipolar Membrane Cell Technology from Uddeholmsa, Italy, and maintains operations across India including corporate offices in Kurnool, Chennai, Bengaluru, Mumbai, New Delhi, and Hyderabad, plus a wind farm in Ramagiri, Ananthapur District. In recent developments, TGV SRAAC Limited partnered with thyssenkrupp nucera in 2025 to expand its caustic soda capacity from 1,000 tons per day to 1,500 tons per day at the Kurnool facility, incorporating enhanced primary and secondary brine purification; the board granted in-principle approval for this expansion and reported September quarter profit of 370.5 million rupees; the company added 2.5 MWp solar power capacity by acquiring a plant from group entity Sree Rayalaseema Hi-Strength Hypo Limited, bringing total solar capacity to 45.4 MWp as approved on August 8, 2025; and it approved material related party transactions worth up to Rs.460 crore with the same group company for FY2024-25, alongside bank consortium financing secured from IDBI Bank, Indian Bank, and Federal Bank for expansion-related capital goods. As the flagship of the TGV Group, TGV SRAAC Limited serves industrial sectors such as chemicals, textiles, pharmaceuticals, food processing, water treatment, and power, with a focus on domestic sales and international exports.