SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms ratings of Tata Chemicals’ bank facilities

19 Jan 2016 Evaluate

Credit rating agency, CARE has reaffirmed ‘AA+’ rating to Tata Chemicals’ long term bank facilities worth Rs 765 crore and ‘A1+’ rating to company’s short term Bank Facilities worth Rs 3580 crore. The rating agency has also reaffirmed ‘AA+’ ratings to company’s Non Convertible debentures worth Rs 250 crore.

The reaffirmation of the ratings is based upon the long and established track record of Tata Chemicals (TCL), its position as a major producer in the global soda ash industry, diversified revenue streams resulting from a varied product portfolio as well as geographically dispersed sales. The ratings also positively build in the favourable financial risk profile of TCL with moderate gearing and adequate debt coverage indicators and high financial flexibility arising from surplus cash/liquid investments consistently held by the company. The ratings also factor in the strategic importance of TCL within the Tata group.

TCL is a part of over $100 billion Tata group, currently the second-largest producer of soda ash in the world with manufacturing facilities in India, UK, Kenya and USA. It is India’s leading crop nutrients player with its own manufacturing of urea and phosphatic fertilizers (namely, Di Ammonium Phosphate (DAP), Nitrogen Potash and Phosphorus (NPK) and single Super Phosphate (SSP)) and a leading player in crop protection business through its subsidiary Rallis India.

Tata Chemicals Share Price

729.35 -16.90 (-2.26%)
29-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
SRF 2665.35
BASF India 3635.10
Tata Chemicals 729.35
Pidilite Inds. 1599.75
Deepak Nitrite 1564.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: