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Tatva Chintan Pharma Chem Limited (TATVA) Fair Value & Analysis

Basic Materials · IN · Market cap ₹37.8B (≈ $401M) · ISIN INE0GK401011

What is Tatva Chintan Pharma Chem Limited really worth?

TC Tatva Chintan Pharma Chem Limited TATVA · BSE
Price₹1,679
Fair Value₹280.48
Upside−83.3%
Quality49/100

Below-average quality, and trading another 499% above our fair value of ₹280.48.

As of Aug 27, 2026, the fair value of Tatva Chintan Pharma Chem Limited is ₹280.48 per share against a price of ₹1,679, so the fair value sits 83% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Expensive Growth (revenue 5y +11.2 %/yr)
!Thin margins · 9.2% net margin
!Low debt · negative free cash flow
!Narrow moat 43/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range ₹229.22 – ₹364.63

Fair value as of: Aug 27, 2026

From 14 valuation models · updated 10 days ago

Share price −2.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹364.63). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

₹2,865 ₹637.12 Fair Value ₹280.48 Jul 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range ₹637.12 – ₹2,865 · fair‑value band ₹229.22 – ₹364.63 · the ₹1,679 price screens above the ₹280.48 fair value. Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Tatva Chintan Pharma Chem Limited (TATVA) currently trades at ₹1,679, while our model-based Fair Value estimate is ₹280.48, implying the stock looks roughly 498.8% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Basic Materials sector. Bull case: the Multiples group reads highest at a median of ₹305.62 per share, and 0 of the 14 models we run sit above the ₹1,679 price. Bear case: the Earnings-Based group reads lowest at ₹123.69, and 14 of the 14 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Tatva Chintan Pharma Chem Limited generated revenue of ₹5.6B at a net margin of 9.2%. Revenue grew 42.9% year over year. It earns a return on equity of 5.5%. Net debt stands at ₹1.1B. Fundamentals as of Aug 27, 2026

Our scenario range runs from ₹229.22 (bear case) to ₹364.63 (bull case); at ₹1,679, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 9% below its 52-week high and 72% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −58% fair-value upside, at −83%, TATVA screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹9.57 per share, which is 3.9 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income best evidence ₹258.96 ₹263.82 ₹258.16 76
EPV ₹206.66 ₹241.05 ₹271.14 74
ROIC Compounder ₹206.66 ₹241.05 ₹271.14 72
All 14 models by family
Earnings-Based
Graham-Dodd ₹122.25 ₹391.29 ₹521.84 64
Lynch FV ₹86.58 ₹123.69 ₹160.79 61
PEG = 1.0 ₹86.58 ₹123.69 ₹160.79 57
EPV ₹206.66 ₹241.05 ₹271.14 74
Multiples
P/E Multiple ₹229.22 ₹305.62 ₹382.03 63
P/S Multiple ₹229.22 ₹305.62 ₹382.03 58
P/B Multiple ₹229.22 ₹305.62 ₹382.03 55
EV/EBIT ₹253.09 ₹337.34 ₹421.59 66
EV/EBITDA ₹299.01 ₹398.57 ₹498.13 67
EV/Revenue ₹219.38 ₹313.27 ₹407.15 53
Asset-Based
NCAV (Graham) ₹167.10 ₹223.91 ₹334.20 54
Economic Profit
Residual Income best evidence ₹258.96 ₹263.82 ₹258.16 76
ROIC Compounder ₹206.66 ₹241.05 ₹271.14 72
Growth Earnings
Growth-Adj P/E ₹196.34 ₹280.48 ₹364.63 67

Widest divergence: Multiples (₹305.62) versus Earnings-Based (₹123.69). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 76.4
P/S ratio 6.35 P/E × margin
EPS (TTM) ₹21.98 price ÷ EPS = P/E 76.4
Dividend yield 0.1% payout 4.7%
Net margin 8.3% FY2026
Return on equity 5.5% TTM
More key figures
Profitability
Return on assets (EBIT) 6.8% avg 5y
Operating margin 13.0% TTM
Growth
Revenue (TTM) ₹5.6B TTM
Revenue growth (YoY) +42.9% 3y avg +6.1%
EPS growth (YoY) +141%
Balance sheet & cash flow
Free cash flow −₹823M FY2026
Net debt ₹1.1B FY2026

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 86

Profitability 38
Margins and returns on capital today
Quality Growth 72
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 25
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 99
Price trend over the last 3–12 months (market factor)
52W Momentum 91
Distance to the 52-week high (market factor)
Net Issuance 73
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Tatva Chintan Pharma Chem Limited engages in manufacture and sale of specialty chemicals in India and internationally. It offers a portfolio of structure directing agents for zeolites synthesis; phase transfer catalysts; electrolyte salts for super capacitor and zinc ion batteries; and pharmaceutical and agrochemical products, and other specialty chemicals …

Full company description

Tatva Chintan Pharma Chem Limited engages in manufacture and sale of specialty chemicals in India and internationally. It offers a portfolio of structure directing agents for zeolites synthesis; phase transfer catalysts; electrolyte salts for super capacitor and zinc ion batteries; and pharmaceutical and agrochemical products, and other specialty chemicals in the form of intermediates, disinfectants, catalysts, and solvents. The company serves automotive, refinery, pharmaceutical, agro-chemicals, paints and coatings, dyes and pigments, personal care, and flavor and fragrances industries. Tatva Chintan Pharma Chem Limited was incorporated in 1996 and is headquartered in Vadodara, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Tatva Chintan Pharma Chem Limited reported revenue of ₹5.1B in FY2026 versus ₹4.3B in FY2022, a compound +4.1%/yr. Reported net income was ₹421M in FY2026, compounding −18.6%/yr from FY2022.

Growth Quality 46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹5.1B
Latest YoY
+32.2%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.1%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.2%
Avg. revenue growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.9%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−2.4% · in INR
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−2.5%
Dividend yield0.1%
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20.4% (2021) → 11.1% (2026) · falling
Worst earnings drop86% (2025) · in INR
Revenue +4.1%/yr
FY22 ₹4.3B
FY23 ₹4.2B
FY24 ₹3.9B
FY25 ₹3.8B
FY26 ₹5.1B
Net income −18.6%/yr
FY22 ₹959M
FY23 ₹455M
FY24 ₹304M
FY25 ₹57.1M
FY26 ₹421M

TATVA screens 499% overvalued. Compare with Linde plc →

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Cite: Fair Value Calculator (2026). "Tatva Chintan Pharma Chem Limited Fair Value". https://www.fairvalue-calculator.com/stock/TATVA.BSE

Peer Group

Specialty Chemicals · 695 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 49 · Below median
Fair Value upside −83% · Bottom 25%
Return on equity (TTM) 6% · Below median
Return on assets 4% · Above median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 43% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 76.4× · Pricier than 75% of peers
P/B 4.84× · Pricier than 75% of peers
P/S (TTM) 6.80× · Pricier than 75% of peers
EV/EBITDA 34.6× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN $485.35 $222.03 −54%
The Sherwin-Williams Company SHW $344.86 $143.38 −58%
Ecolab Inc ECL $286.75 $96.18 −66%
Air Products and Chemicals, Inc APD $308.09 $122.14 −60%
Givaudan SA GIVN CHF 3,282 CHF 1,498 −54%
Wanhua Chemical Group 600309 ¥77.66 ¥68.03 −12%
500820 500820 ₹2,757 ₹557.43 −80%
Novozymes A/S NSISB kr 456.40 kr 169.99 −63%
Asian Paints Limited ASIANPAINT ₹2,630 ₹696.23 −74%
PPG Industries, Inc PPG $114.22 $71.31 −38%

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Frequently asked questions

Is Tatva Chintan Pharma Chem Limited (TATVA) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of ₹280.48 versus a price of ₹1,679, about −83% upside (overvalued).
What is the fair value of TATVA?
Our model-based fair value for Tatva Chintan Pharma Chem Limited is ₹280.48 (as of Aug 27, 2026), built from audited fundamentals. The current price: ₹1,679.
What is the quality score of TATVA?
Tatva Chintan Pharma Chem Limited has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Tatva Chintan Pharma Chem Limited (TATVA)?
Our model-based price target is the fair value of ₹280.48 (as of Aug 27, 2026) from 14 valuation models. Cautious scenario ₹229.22, optimistic scenario ₹364.63. It is a calculation from audited fundamentals, not an analyst target.
What is the Tatva Chintan Pharma Chem Limited stock forecast for 2026?
Our models put fair value at ₹280.48, about −83% upside versus a price of ₹1,679 (overvalued). Cautious scenario ₹229.22, optimistic scenario ₹364.63. The calculation is refreshed regularly with new filings.
What is the revenue of Tatva Chintan Pharma Chem Limited (TATVA)?
Tatva Chintan Pharma Chem Limited reported trailing-twelve-month revenue of about ₹5.6B (latest available figure, as of Aug 27, 2026).
What is the net profit margin of TATVA?
The net profit margin of Tatva Chintan Pharma Chem Limited is about 9.2%, meaning it keeps roughly 9.2% of revenue as net income. Based on the latest reported figures.
Does Tatva Chintan Pharma Chem Limited pay a dividend?
Tatva Chintan Pharma Chem Limited currently shows a dividend yield of about 0.06% relative to its recent price (as of Aug 27, 2026).
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