The company said performance for Q4FY26 and the full year was impacted by lower soda ash realisations. Additionally, its US business recognised an impairment charge of ₹1,837 crore on goodwill along with a ₹182 crore write-off of deferred tax assets amid weak soda ash market conditions.
Revenue for the quarter declined 2% year-on-year to ₹3,438 crore from ₹3,509 crore. Operating performance also weakened, with EBITDA falling 16.2% to ₹274 crore versus ₹327 crore last year, while margins contracted to 7.97% from 9.32%.
Segment-wise, the basic chemistry business remained under pressure, with revenue declining to ₹2,933 crore from ₹3,037 crore and posting a loss of ₹1,802 crore compared with a profit of ₹84 crore in the year-ago period. In contrast, the specialty products segment saw revenue rise to ₹505 crore from ₹472 crore, while losses narrowed to ₹46 crore from ₹63 crore.
Despite the weak performance, the board has recommended a dividend of ₹11 per share (110%) for FY26, subject to shareholder approval at the upcoming annual general meeting. The company said the dividend will be paid within five days of approval, as per the filing.
On the operational front, the board has approved an investment of ₹100 crore to expand iodised vacuum salt capacity at its Mithapur plant by 82,500 tonnes per annum over the next 12 months. The expansion, to be funded through internal accruals and other sources, aims to meet rising demand for the product.
Shares of Tata Chemicals Ltd ended marginally higher on Monday, April 4, by 0.14% at ₹810.10 on the NSE.
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