Is TCM Ltd (524156) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that TCM Ltd is a below average quality company .

Is TCM Ltd (524156) undervalued or overvalued?

The key valuation ratios of TCM Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is TCM Ltd (524156) share price return in the past 10 years?

TCM Ltd share price has appreciated 2.1% annually (CAGR) over the past ten years.

Is TCM Ltd (524156) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of TCM Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of TCM Ltd (524156)?

Company share prices are keep on changing according to the market conditions. The current trading price of TCM Ltd (524156) on 17-Apr-2026 16:59:59 at 16:59 is 50.89.

What is the P/E ratio of TCM?

The latest standalone P/E ratio of TCM as of 17-Apr-2026 is 19.49.

What is the P/B ratio of TCM Ltd (524156)?

The latest standalone P/B ratio of TCM Ltd (524156) as of 17-Apr-2026 is 1.07.

What is the 52-week high and low of TCM Ltd (524156)?

The 52-week high of TCM Ltd (524156) is Rs. 81.00 and the 52-week low is Rs. 36.53.

TCM Ltd (524156) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: TCM Ltd (524156)
Brand: TCM

TCM Ltd (524156) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Key Metrics

Market Cap

₹38 Cr.

P/E Ratio

19.49

Price to Book (P/B)

1.07

Price to Sales (P/S)

1.85

EV/EBITDA

14.80

Return on Capital Employed (ROCE)

8.86%

Current Price

₹50.9

Return on Equity (ROE)

8.70%

Return on Assets (ROA)

3.64%

Operating Profit Margin

-2.9%

Net Profit Margin

12.74%

Gross Profit Margin

13.3%

Book Value per Share

₹47.5

Sales Growth (YoY)

-21.86%

Sales Growth (3 Years)

92.63%

Operating Profit Growth (1 Year)

NA%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

1475%

52-Week Low / High

₹37 / 81

Net Profit Growth (3 Years)

N/A%

Dividend Yield

0.00%

Promoter Holding

49.51%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of TCM Ltd?

TCM Ltd revenue growth is -21.9% for FY-2025 , which is below its 5 year CAGR of 93.2% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of TCM Ltd?

Promoters hold 49.51% of the TCM Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of TCM Ltd vs industry peers?

TCM Ltd revenue CAGR is 93.15% , compared to the industry median CAGR of 7.7% , indicating faster growth and gaining its market share.

Q.1 Which industry/sub-sector does TCM Ltd belong to?

TCM Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Chemicals segment.

Q.1 Stock return of TCM Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 1.7% based on the current price.

DeciZen - make an informed investing decision on TCM

Based on:

Data

M-Cap below 100cr DeciZen not available

TCM stock performance

Key Ratios

Is TCM Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	0%	0%	0%	0%	0%	0%	-66.7%	-7.3%	1.1%	8.9%	-
Value Creation Index ⓘ	NA	NA	NA	NA	NA	NA	-5.8	-1.5	-0.9	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	0	0	0.4	0.9	4.3	3.5	7.2	31.7	24.7	21
Sales YoY Gr.	-	NA	NA	NA	130%	362%	-18.6%	106.9%	342%	-21.9%	-
Adj EPS ⓘ	-0.9	-1.1	-0.6	-1.7	0.7	1.2	-7.7	-3.7	0.3	4.4	2.6
YoY Gr.	-	NA	NA	NA	NA	64.8%	-756.4%	NA	NA	1522.2%	-
BVPS (₹) ⓘ	-48.3	-49.4	-50.8	-53.2	-51.8	-50	49.8	46	46.2	50.6	47.5
Adj Net Profit ⓘ	-0.5	-0.6	-0.3	-1	0.4	0.6	-4.2	-2.8	0.2	3.3	2
Cash Flow from Ops. ⓘ	-0.4	-0.7	-4.4	-1.6	-0.6	-0.1	-2.8	-9.6	3.7	-10.8	-
Debt/CF from Ops. ⓘ	-58	-35.9	-1.2	-3.3	-10.1	-52.6	-2.2	-0.1	0.1	-1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	93.2%	92.6%	-21.9%
Adj EPS ⓘ	NA	43.9%	NA	1522.2%
BVPSⓘ	NA	NA	0.5%	9.5%
Share Price	2.1%	10.7%	11.2%	27.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	1.9	2.3	-9.2	-2.9	1.2	1.9	-13.8	-9	0.6	9.1	5.3
Op. Profit Mgn % ⓘ	0	0	0	-218.1	-81.4	0.7	-67.1	-35.6	-1.1	-2.9	-7
Net Profit Mgn % ⓘ	0	0	0	-239.3	42.2	15	-121	-38.7	0.6	13.3	9.5
Debt to Equity ⓘ	-1	-1	-0.2	-0.2	-0.2	-0.2	0.2	0	0	0.3	-
Working Cap Days ⓘ	0	0	0	5,978	2,816	733	953	642	397	742	328
Cash Conv. Cycle ⓘ	0	0	0	1,886	321	21	225	268	257	495	-19

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	2.6	-0.2
TTM Sales (₹ Cr.)	20.6	22.5
BVPS (₹) ⓘ	47.5	35.2
Reserves (₹ Cr.) ⓘ	28	19
P/BV ⓘ	1.07	1.45
PE ⓘ	19.49	0.00

From the Market
52 Week Low / High (₹)	36.53 / 81.00
All Time Low / High (₹)	0.97 / 81.00
Market Cap (₹ Cr.)	38.1
Equity (₹ Cr.)	7.5
Face Value (₹)	10
Industry PE ⓘ	45.3

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of TCM - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	0	0	0	0.40	0.92	4.25	3.46	7.16	31.65	24.73
Operating Expenses ⓘ +	0.50	0.72	0.36	1.26	1.67	4.22	5.77	9.71	32	25.63
Manufacturing Costs	0.27	0.16	0.06	0.09	0.40	0.26	0.29	1.15	3.01	2.06
Material Costs	0	0	0	0.42	0.65	1.88	2.61	5.82	23.26	18.18
Employee Cost	0.04	0.03	0.04	0.23	0.26	0.56	0.91	1.05	2.09	2.13
Other Costs ⓘ	0.18	0.53	0.25	0.52	0.36	1.52	1.97	1.69	3.64	3.26
Operating Profit ⓘ	-0.50	-0.72	-0.36	-0.86	-0.75	0.03	-2.32	-2.55	-0.35	-0.90
Operating Profit Margin (%)	-	-	-	-218.0%	-81.4%	0.7%	-67.1%	-35.6%	-1.1%	-3.6%
Other Income ⓘ +	0.06	0.22	0.23	0.04	1.15	1.23	1.02	0.23	0.82	4.78
Exceptional Items ⓘ	0	0	-0.62	0	0	0	-2.58	0	0	0
Interest ⓘ	0	0.05	0	0.12	0.01	0.01	0.01	0.27	0.15	0.60
Depreciation ⓘ	0.06	0.06	0	0	0.01	0.02	0.04	0.19	0.07	0.16
Profit Before Tax ⓘ	-0.50	-0.61	-0.75	-0.95	0.39	1.23	-3.93	-2.78	0.24	3.12
Tax ⓘ	0	0	0	0	0	0.25	0	-0.02	0.04	-0.03
Profit After Tax	-0.50	-0.61	-0.75	-0.95	0.39	0.98	-3.93	-2.77	0.20	3.15
PAT Margin (%)	-	-	-	-239.0%	42.2%	23.1%	-113.0%	-38.7%	0.6%	12.7%
Adjusted EPS (₹)	-0.9	-1.1	-1.4	-1.7	0.7	1.8	-7.2	-3.7	0.3	4.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	-26.30	-26.91	33.73	32.42	32.55	33.54	27.13	34.38	34.58	37.84
Share Capital ⓘ	3.40	3.40	3.40	3.40	3.40	3.40	3.40	7.48	7.48	7.48
Reserves ⓘ	-29.70	-30.31	30.33	29.02	29.16	30.14	23.73	26.90	27.10	30.36
Debt +	25.15	25.97	5.38	5.38	5.64	5.83	6.01	1.06	0.23	11.19
Long Term Debt	19.68	19.68	0	0	0	0	0.08	0.06	0.10	0.06
Short Term Debt	5.47	6.30	5.38	5.38	5.64	5.83	5.93	1	0.13	11.12
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	3.38	3.18	2.68	2.97	3.41	3.85	0.47	1.01	2.73	2.36
Others Liabilities ⓘ	3.91	3.89	23.06	28.37	23.83	25.29	29.73	36.05	52.27	31.79
Total Liabilities ⓘ	6.14	6.13	64.85	69.15	65.44	68.51	63.34	72.50	89.81	83.18
Fixed Assets
Net Fixed Assets ⓘ +	1.33	1.26	58.01	58.01	58.01	58.42	54.70	35.12	16.85	8.46
Gross Block	2.96	2.96	58.02	58.02	58.02	58.46	54.77	35.39	17.19	8.90
Accumulated Depreciation	1.64	1.70	0.01	0.01	0.02	0.04	0.08	0.27	0.34	0.44
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0.24	0.24	0.80	0.44	0.19	0.19	0.17	0.52	0.91	1.62
Inventories	0.95	0.95	1.37	1.70	1.51	2.41	1.37	3.79	30.58	28.44
Trade Receivables	1.51	1.50	1.50	1.51	1.78	2.52	1.85	4.67	8.45	6.74
Cash Equivalents	0.19	0.29	0.04	3.72	0.02	0.05	0.27	0.18	0.52	0.38
Others Assets ⓘ	1.93	1.89	3.13	3.77	3.93	4.92	4.99	28.23	32.50	37.53
Total Assets ⓘ	6.14	6.13	64.85	69.15	65.44	68.51	63.34	72.50	89.81	83.18

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.43	-0.72	-4.39	-1.63	-0.56	-0.11	-2.79	-9.56	3.74	-10.79
PBT ⓘ	-0.50	-0.61	-0.75	-0.95	0.39	0.98	-3.93	-2.78	0.24	3.12
Adjustment ⓘ	0.06	0.06	0.10	0	0.01	0.20	2.78	0.48	-0.46	-3.76
Changes in Working Capital ⓘ	0	-0.17	-3.74	-0.69	-0.96	-0.91	-1.65	-7.2	4.22	-10.29
Tax Paid ⓘ	0	0	0	0	0	0	0	-0.05	-0.27	0.15
Cash Flow From Investing Activity ⓘ +	0	0	3.98	-0.01	-0.01	-0.04	2.81	4.39	-2.78	0.53
Capex	0	0	3.98	-0.01	0	-0.43	3.68	-1.49	-0.52	0.34
Net Investments	0	0	0	0	-0.01	0.39	0.53	0	0	-0.30
Others ⓘ	0	0	-0	0	0	-0	-1.40	5.88	-2.26	0.49
Cash Flow From Financing Activity ⓘ +	0.47	0.83	0.15	5.32	-3.14	0.18	0.20	4.99	-0.94	10.37
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	10.01	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0.09	-0.02	0.06	-0.04
Interest Paid ⓘ	0	0	0	0	0	0	-0.01	-0.07	-0.13	-0.59
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0.47	0.83	0.15	5.32	-3.14	0.18	0.11	-4.93	-0.87	10.99
Net Cash Flow ⓘ	0.03	0.10	-0.25	3.68	-3.70	0.03	0.22	-0.18	0.01	0.11

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	N/A	N/A	0	0	0	0	0	-8.99	0.59	8.7
ROCE (%)	N/A	N/A	0	0	0	0	-66.65	-7.32	1.13	8.86
Asset Turnover Ratio	0	0	0	0.01	0.01	0.06	0.05	0.11	0.39	0.29
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	-1.44	-0.11	N/A	N/A	18.7	-3.43
Working Capital Days
Receivable Days	0	0	0	1,386	654	185	231	166	76	112
Inventory Days	0	0	0	1,413	636	168	199	131	198	436
Payable Days	0	0	0	2,443	1,784	706	302	46	29	51

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

TCM Ltd FAQs

The current trading price of TCM on 17-Apr-2026 16:59 is ₹50.89.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of TCM stood at ₹38.05 Cr

The latest P/E ratio of TCM as of 16-Apr-2026 is 19.49.

The latest P/B ratio of TCM as of 16-Apr-2026 is 1.07.

The 52-week high of TCM is ₹81.00 and the 52-week low is ₹36.53.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TCM is ₹20.55 ( Cr.) .

About TCM Ltd

TCM Limited formerly the Travancore Chemical & Manufacturing Co. Ltd. (TCM) made its debut in 1943 at Kundra in Kerala as a manufacturer of Potassium Chlorate â€“ a vital raw material for the match Industry. In course of time the company diversified into a number of chemicals and established factories at Kalamassery in Kerala.

The company enjoys a premium quality image among its customers and has a proven track record as a reliable supplier. Most of companyâ€™s products and processes have been developed by In-house R & D effort and TCM has a competent team of qualified technical and managerial personal. The company employs over 900 people at its four factories in South India.

TCMâ€™s presence in the nationâ€™s activites ranges from Agriculture to Nuclear energy, from Space Science to common manâ€™s Safety Match, from high profile TV industry to a host of industrial clientele.

Product range of the company includes:

The company has been the manufacturers and suppliers of India's best copper sulphate and other industrial chemicals like;

Copper Sulphate
Copper Oxychloride and its formulations
Strontium Nitrate
Strontium Carbonate
Sodium Sulphide

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TCM Ltd (524156) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

TCM Share Price

TCM Ltd (524156)

Check Before You Invest

DeciZen - make an informed investing decision on TCM

M-Cap below 100cr DeciZen not available

TCM stock performance

Is TCM Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Recent Performance Summary

Latest Financials

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Valuation of TCM - Standalone Basis

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Event Update

Analyst's Notes

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Finance Ratio

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

TCM Ltd FAQs

What is the share price of TCM?

What is the market cap of TCM?

What is the P/E ratio of TCM?

What is the P/B ratio of TCM?

What is the 52-week high and low of TCM?

What is the TTM revenue of TCM?

About TCM Ltd

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