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Thirumalai Chemicals is currently trading at Rs. 63.90, up by 2.05 points or 3.31% from its previous closing of Rs. 61.85 on the BSE.The scrip opened at Rs. 62.00 and has touched a high and low of Rs. 65.50 and Rs. 58.70 respectively. So far 75452 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 179.25 on 17-Aug-2018 and a 52 week low of Rs. 58.70 on 26-Jul-2019.Last one week high and low of the scrip stood at Rs. 71.55 and Rs. 58.70 respectively. The current market cap of the company is Rs. 644.02 crore.The promoters holding in the company stood at 41.63%, while Institutions and Non-Institutions held 2.54% and 55.84% respectively.Thirumalai Chemicals has received an approval to set up a subsidiary to establish and operate a Food Ingredients Manufacturing facility (including Malic and Fumaric Acid) in the US, with a capacity of about 30,000 metric tons per year, to address the growing demand in the global market, including North America. The Board of the company at its meeting held on July 25, 2019, approved the same. Thirumalai Chemicals manufactures and markets organic acids, anhydrides and derivatives for a variety of global industries including plastics, resins, paints, and coatings, agro chemicals, food, pharmaceuticals, textiles, personal care, paper, etc.
The June 2019 quarter revenue stood at Rs. 2378.10 millions, up 21.25% as compared to Rs. 1961.30 millions during the corresponding quarter last year.The Company to register a -37.98% fall in the net profit for the quarter ended June 2019.Operating profit for the quarter ended June 2019 decreased to 305.30 millions as compared to 422.50 millions of corresponding quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 2378.10 1961.30 21.25 2378.10 1961.30 21.25 9942.50 10372.10 -4.14 Other Income 23.40 23.80 -1.68 23.40 23.80 -1.68 142.20 99.70 42.63 PBIDT 305.30 422.50 -27.74 305.30 422.50 -27.74 1689.60 2390.10 -29.31 Interest 28.80 12.00 140.00 28.80 12.00 140.00 107.10 109.30 -2.01 PBDT 276.50 410.50 -32.64 276.50 410.50 -32.64 1582.50 2280.90 -30.62 Depreciation 38.00 30.40 25.00 38.00 30.40 25.00 151.70 103.90 46.01 PBT 238.50 380.10 -37.25 238.50 380.10 -37.25 1430.80 2177.00 -34.28 TAX 83.20 129.70 -35.85 83.20 129.70 -35.85 469.90 737.10 -36.25 Deferred Tax 0.60 0.30 100.00 0.60 0.30 100.00 25.00 -0.40 -6350.00 PAT 155.30 250.40 -37.98 155.30 250.40 -37.98 960.90 1439.90 -33.27 Equity 102.40 102.40 0.00 102.40 102.40 0.00 102.40 102.40 0.00 PBIDTM(%) 12.84 21.54 -40.40 12.84 21.54 -40.40 16.99 23.04 -26.26
Revenue showed a marginal decline at Rs. 2498.90 millions. For the quarter ended December 2018, as compared to corresponding quarter of last year.The company reported a drastic decline of -76.36% in the quarter ended December 2018 to Rs. 102.20 millions from Rs. 432.40 millions .The Operating Profit of the company witnessed a decrease to 223.80 millions from 700.90 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 2498.90 2538.40 -1.56 7419.40 7962.00 -6.81 10372.10 9446.00 9.80 Other Income 28.10 31.70 -11.36 96.20 91.70 4.91 99.70 77.60 28.48 PBIDT 223.80 700.90 -68.07 1402.40 1902.60 -26.29 2390.10 1403.30 70.32 Interest 36.70 34.20 7.31 70.80 100.90 -29.83 109.30 145.50 -24.88 PBDT 187.10 666.70 -71.94 1331.60 1801.70 -26.09 2280.90 1257.80 81.34 Depreciation 36.00 25.20 42.86 107.50 76.70 40.16 103.90 140.20 -25.89 PBT 151.10 641.50 -76.45 1224.10 1725.00 -29.04 2177.00 1117.60 94.79 TAX 48.90 209.10 -76.61 417.60 577.70 -27.71 737.10 376.20 95.93 Deferred Tax 8.90 20.90 -57.42 9.80 27.50 -64.36 -0.40 -4.90 -91.84 PAT 102.20 432.40 -76.36 806.50 1147.30 -29.70 1439.90 741.40 94.21 Equity 102.40 102.40 0.00 102.40 102.40 0.00 102.40 102.40 0.00 PBIDTM(%) 8.96 27.61 -67.57 18.90 23.90 -20.90 23.04 14.86 55.12
Thirumalai Chemicals is currently trading at Rs. 107.35, up by 1.10 points or 1.04% from its previous closing of Rs. 106.25 on the BSE.The scrip opened at Rs. 106.50 and has touched a high and low of Rs. 109.25 and Rs. 105.65 respectively. So far 25246 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 243.70 on 09-Jan-2018 and a 52 week low of Rs. 101.70 on 11-Dec-2018.Last one week high and low of the scrip stood at Rs. 114.30 and Rs. 104.25 respectively. The current market cap of the company is Rs. 1094.53 crore.The promoters holding in the company stood at 41.52%, while Institutions and Non-Institutions held 3.48% and 55.00% respectively.Thirumalai Chemicals has received approval from its board for formation of a Wholly Owned Subsidiary (WOS) in the Netherlands for marketing and distribution of the company’s products in Europe and other countries. The subsidiary in Europe will also handle REACH Compliances. The initial investment will be up to euro 200,000.Thirumalai Chemicals manufactures and markets organic acids, anhydrides and derivatives for a variety of global industries including plastics, resins, paints, and coatings, agro chemicals, food, pharmaceuticals, textiles, personal care, paper, etc.
Thirumalai Chemicals is currently trading at Rs. 114.75, up by 2.65 points or 2.36% from its previous closing of Rs. 112.10 on the BSE.The scrip opened at Rs. 116.75 and has touched a high and low of Rs. 117.00 and Rs. 113.95 respectively. So far 53484 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 243.70 on 09-Jan-2018 and a 52 week low of Rs. 102.05 on 09-Oct-2018.Last one week high and low of the scrip stood at Rs. 118.80 and Rs. 107.50 respectively. The current market cap of the company is Rs. 1184.12 crore.The promoters holding in the company stood at 41.52%, while Institutions and Non-Institutions held 4.48% and 54.00% respectively.Thirumalai Chemicals has been authorized to proceed with the initial steps for the implementation of the Food Ingredients Project (Malic Acid & Fumaric Acid & others) in the USA. The Board of the company at their meeting held on October 29, 2018, authorized the Management for the same.Thirumalai Chemicals manufactures and markets organic acids, anhydrides and derivatives for a variety of global industries including plastics, resins, paints, and coatings, agro chemicals, food, pharmaceuticals, textiles, personal care, paper, etc.
The sales for the June 2018 quarter moved down -30.88% to Rs. 1961.30 millions as compared to Rs. 2837.60 millions during the year ago period.The Net proft of the company remain more or less same to Rs. 250.40 millions from Rs. 298.10 millions ,decline by -16.00%.The Operating Profit of the company witnessed a decrease to 422.50 millions from 536.80 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 1961.30 2837.60 -30.88 1961.30 2837.60 -30.88 10372.10 9446.00 9.80 Other Income 23.80 24.30 -2.06 23.80 24.30 -2.06 99.70 77.60 28.48 PBIDT 422.50 536.80 -21.29 422.50 536.80 -21.29 2390.10 1403.30 70.32 Interest 12.00 42.10 -71.50 12.00 42.10 -71.50 109.30 145.50 -24.88 PBDT 410.50 494.70 -17.02 410.50 494.70 -17.02 2280.90 1257.80 81.34 Depreciation 30.40 25.70 18.29 30.40 25.70 18.29 103.90 140.20 -25.89 PBT 380.10 469.00 -18.96 380.10 469.00 -18.96 2177.00 1117.60 94.79 TAX 129.70 170.90 -24.11 129.70 170.90 -24.11 737.10 376.20 95.93 Deferred Tax 0.30 6.90 -95.65 0.30 6.90 -95.65 -0.40 -4.90 -91.84 PAT 250.40 298.10 -16.00 250.40 298.10 -16.00 1439.90 741.40 94.21 Equity 102.40 102.40 0.00 102.40 102.40 0.00 102.40 102.40 0.00 PBIDTM(%) 21.54 18.92 13.87 21.54 18.92 13.87 23.04 14.86 55.12
The company witnessed a 8.20% growth in the revenue at Rs. 2594.60 millions for the quarter ended September 2017 as compared to Rs. 2398.00 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 138.58% to Rs. 416.80 millions from Rs. 174.70 millions in previous same quarter.The company reported a good operating profit of 664.90 millions compared to 316.60 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 2594.60 2398.00 8.20 5439.50 4252.80 27.90 9488.40 8595.40 10.39 Other Income 35.70 14.90 139.60 60.00 47.70 25.79 77.80 116.70 -33.33 PBIDT 664.90 316.60 110.01 1201.70 633.30 89.75 1422.20 957.80 48.49 Interest 24.60 25.90 -5.02 66.70 72.70 -8.25 150.30 209.70 -28.33 PBDT 640.30 290.70 120.26 1135.00 560.60 102.46 1271.90 748.10 70.02 Depreciation 25.80 25.10 2.79 51.50 50.30 2.39 141.40 108.00 30.93 PBT 614.50 265.60 131.36 1083.50 510.30 112.33 1130.50 640.10 76.61 TAX 197.70 90.90 117.49 368.60 174.50 111.23 375.80 212.80 76.60 Deferred Tax -0.30 7.90 -103.80 6.60 4.50 46.67 -5.30 -25.30 -79.05 PAT 416.80 174.70 138.58 714.90 335.80 112.89 754.70 427.30 76.62 Equity 102.40 102.40 0.00 102.40 102.40 0.00 102.40 102.40 0.00 PBIDTM(%) 25.63 13.20 94.10 22.09 14.89 48.35 14.99 11.14 34.51
The turnover for the June 2017 quarter moved up 53.38% to Rs. 2844.90 millions as compared to Rs. 1854.80 millions during the year-ago period.Profit for the quarter ended June 2017 rises by 85.04% to Rs. 298.10 millions from Rs. 161.10 millions.Operating profit for the quarter ended June 2017 rose to 536.80 millions as compared to 316.70 millions of corresponding quarter ended June 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 2844.90 1854.80 53.38 2844.90 1854.80 53.38 9488.40 8595.40 10.39 Other Income 24.30 32.80 -25.91 24.30 32.80 -25.91 77.80 116.70 -33.33 PBIDT 536.80 316.70 69.50 536.80 316.70 69.50 1422.20 957.80 48.49 Interest 42.10 46.80 -10.04 42.10 46.80 -10.04 150.30 209.70 -28.33 PBDT 494.70 269.90 83.29 494.70 269.90 83.29 1271.90 748.10 70.02 Depreciation 25.70 25.20 1.98 25.70 25.20 1.98 141.40 108.00 30.93 PBT 469.00 244.70 91.66 469.00 244.70 91.66 1130.50 640.10 76.61 TAX 170.90 83.60 104.43 170.90 83.60 104.43 375.80 212.80 76.60 Deferred Tax 6.90 -3.40 -302.94 6.90 -3.40 -302.94 -5.30 -25.30 -79.05 PAT 298.10 161.10 85.04 298.10 161.10 85.04 754.70 427.30 76.62 Equity 102.40 102.40 0.00 102.40 102.40 0.00 102.40 102.40 0.00 PBIDTM(%) 18.87 17.07 10.51 18.87 17.07 10.51 14.99 11.14 34.51
Thirumalai Chemicals has informed that a meeting of the Board of Directors of the company will be held on January 28, 2017, to consider the Un-audited Financial Results of the Company for the quarter ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.
Thirumalai Chemicals has informed that a meeting of the Board of Directors is scheduled on January 28, 2017, to consider unaudited Financial Statements for the quarter ended December 31, 2016. Further, in terms of the Insider Trading Code, the trading window for dealing in the Company’s shares shall remain closed from January 17, 2017 to January 30, 2017 for promoters, directors, designated employees and connected persons.The above information is a part of company’s filings submitted to BSE.
Thirumalai Chemicals has informed that a meeting of the Board of Directors of the Company will be held on October 19, 2016, to consider the Un-audited Financial Results of the Company for the quarter ended September 30, 2016.The above information is a part of company’s filings submitted to BSE.
Thirumalai Chemicals has informed that a meeting of the Board of Directors is scheduled on October 19, 2016, to consider unaudited Financial Statements for the quarter ended September 30, 2016. Hence, in terms of the Insider Trading Code, the trading window for dealing in the Company’s shares shall remain closed from October 10, 2016 to October 21, 2016 for promoters, directors, designated employees and connected persons.The above information is a part of company’s filings submitted to BSE.