The shares of this company reacted sharply after it announced its financial results. The financial results have drawn mixed reactions from Dalal Street based on this company’s QoQ performance, which has hampered investors’ confidence.
Price Movement
With a market capitalization of Rs 2,958 crore, the shares of Tanfac Industries Ltd is currently trading at Rs 2,965 per share, down by 25.3 percent, from its 52-week high of Rs 3,970. The stock has given a positive return of 26.41 percent in the last one year.
Financial Highlights
The company announced its financial results and made a couple of announcements last week. It reported a revenue of Rs 557 crores in FY25, up by 47.3 percent from its FY24 revenue of Rs 378 crores. It increased by 67 percent YoY from 103 crores in Q4 FY24 to 172 crores in Q4 FY25. However, on a QoQ basis, it declined by 3.3 percent from 178 crores in Q3 FY25 to 172 crores in Q4 FY25
It posted a net profit of Rs 88 crores in FY25, up by 69 percent, from its FY24 net profit of Rs 52 crores. It increased by 77 percent YoY from 13 crores in Q4 FY24 to 23 crores in Q4 FY25. However, on a QoQ basis, it declined by 34 percent from 35 crores in Q3 FY25 to 23 crores in Q4 FY25.
Additionally, the company has recommended a dividend of Rs 9 per equity share, subject to the approval of shareholders at the Annual General Meeting of the Company. As of Q4 FY25, Ashish Kacholia holds 1,58,229 shares of the company, representing an ownership of 1.59 percent.
About the company
Tanfac Industries Limited, founded in 1972 and located in Chennai, produces and markets fluorine-based chemicals within India and exports to overseas countries. Products include hydrofluoric acid (dilute and anhydrous), oleum, sulphuric acid, aluminium and potassium fluoride, potassium bifluoride, boron trifluoride complexes, calcium sulphate, isobutyl acetophenone, acetic and peracetic acid, and poly aluminium chloride.
Written by Satyajeet Mukherjee
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