Tata Chemicals Limited is a leading Indian multinational company in the basic and specialty chemicals sector, with a legacy spanning over eight decades. Headquartered in Mumbai and part of the Tata Group, the company is a global leader in soda ash production and a key player in crop protection, agri-nutrients, and food ingredients through its subsidiary Rallis India. With operations in India, North America, Europe, and Africa, Tata Chemicals serves a diverse range of industries, including glass, detergents, pharmaceuticals, and agriculture. As of January 2026, the company is navigating a transitional phase—balancing cyclical commodity pressures with strategic investments in green chemistry and sustainable solutions. This article presents a data-driven outlook on the Tata Chemicals share price target for 2026–2030.
Tata Chemicals: Company Overview
- Founded: 1939
- Managing Director: Mr. R. Mukundan
- NSE Symbol: TATACHEM
- Core Segments:
- Basic Chemistry (Soda Ash, Sodium Bicarbonate – 65%)
- Specialty Products (Food Ingredients, Nutraceuticals – 20%)
- Agri Sciences (via Rallis India – 15%)
- Market Position: World’s third-largest soda ash producer; one of India’s top agrochemical companies
Tata Chemicals is strategically pivoting toward green manufacturing, carbon capture, and circular economy initiatives, aligning with global ESG trends and India’s net-zero 2070 goal.
Tata Chemicals: Key Financial Snapshot
| Metric | Value |
|---|---|
| Current Share Price | ₹755 |
| Market Capitalization | ₹19,016.28 Cr |
| No. of Shares Outstanding | 25.48 Cr |
| 52-Week High / Low | ₹1,042 / ₹745 |
| P/E Ratio (TTM) | 29.08 |
| P/B Ratio | 1.01 |
| EPS (TTM) | ₹25.67 |
| Book Value (TTM) | ₹739.13 |
| ROE | 2.84% |
| ROCE | 3.93% |
| Dividend Yield | 1.47% |
| Face Value | ₹10 |
| Cash | ₹71 Cr |
| Debt | ₹2,179 Cr |
| Promoter Holding | 37.98% |
| Sales Growth (YoY) | 1.30% |
| Profit Growth (YoY) | –41.52% |
Note on Negative Profit Growth: FY2025 saw a sharp 41.52% YoY profit decline due to falling soda ash realizations, high energy costs, and one-time asset impairments. However, the company remains cash-flow positive and maintains a healthy dividend payout.
Tata Chemicals Share Price Target Forecast (2026–2030)
| Year | Target Price Range (₹) |
|---|---|
| 2026 | ₹790 – ₹860 |
| 2027 | ₹830 – ₹920 |
| 2028 | ₹870 – ₹990 |
| 2029 | ₹910 – ₹1,080 |
| 2030 | ₹950 – ₹1,180 |
Tata Chemicals Share Price Target 2026
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2026 | ₹790 | ₹860 |
Tata Chemicals reported a 41.52% YoY decline in profit in FY2025, driven by weak global soda ash pricing and elevated input costs. Despite this, it trades at a P/B ratio of just 1.01x—below book value—and offers a dividend yield of 1.47%. The 2026 target range assumes stabilization in commodity prices and no major capex overruns.
Tata Chemicals Share Price Target 2027
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2027 | ₹830 | ₹920 |
If the company benefits from recovery in global chemical demand and cost rationalization, EPS could reach ₹27–₹29 by FY27. Assuming a P/E of 28–30x, the 2027 target range is justified.
Tata Chemicals Share Price Target 2028
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2028 | ₹870 | ₹990 |
By 2028, benefits from green ammonia projects and Rallis India’s rural expansion should reflect in margins. A P/E of 29–31x on projected EPS of ₹28–₹31 supports the ₹870–₹990 band.
Tata Chemicals Share Price Target 2029
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2029 | ₹910 | ₹1,080 |
Long-term tailwinds include India’s PLI for specialty chemicals and global decarbonisation. If competition doesn’t erode pricing, EPS could reach ₹30–₹33 by FY29. At a P/E of 30–32x, the 2029 target is ₹910–₹1,080.
Tata Chemicals Share Price Target 2030
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2030 | ₹950 | ₹1,180 |
Over a five-year horizon, Tata Chemicals’ appeal lies in strategic repositioning—not near-term earnings. A terminal P/E of 31–33x on FY30 EPS (~₹31–₹35) justifies the ₹950–₹1,180 range.
Tata Chemicals: Shareholding Pattern
| Category | Holding (%) |
|---|---|
| Promoters (Tata Sons) | 37.98% |
| Public & Retail | 26.08% |
| Domestic Institutional Investors (DII) | 22.21% |
| Foreign Institutional Investors (FII) | 13.73% |
High promoter holding ensures strategic alignment with the Tata Group vision. Strong retail participation reflects investor interest in the “Make in India” chemical story.
Tata Chemicals: Strengths vs Risks
Strengths:
- Global scale in natural soda ash (cost-competitive)
- Trading below book value (P/B: 1.01)
- Consistent dividend payer (1.47% yield + 93% payout ratio)
- Zero net debt in core operations (despite ₹2,179 Cr gross debt)
Risks:
- Very low ROE (2.84%) and ROCE (3.93%)
- Exposure to volatile commodity cycles
- High energy intensity makes it vulnerable to carbon taxes
- Contingent liabilities of ₹15,200 Cr require monitoring
Investment Suitability
| Factor | Assessment |
|---|---|
| Risk Profile | Moderate to High |
| Ideal Time Horizon | 5+ years |
| Volatility | Higher than market average (Beta: 1.2) |
| Dividend/Income Potential | Moderate (1.47% yield) |
| Best For | Value investors seeking exposure to India’s chemical self-reliance story |
FAQs
Is Tata Chemicals a good share to buy?
Only for long-term, risk-tolerant portfolios. Avoid if you seek high-growth or high-return stocks. Its current valuation is supported by asset value, not earnings momentum.
Is TASL listed on the stock market?
Yes. Tata Chemicals Ltd. is listed on both the NSE (TATACHEM) and BSE (500403).
Will the Tata share price increase in 2026?
Based on fundamentals, the Tata Chemicals share price target 2026 is ₹790 – ₹860, implying modest upside from current levels (₹755).
Is Tata Chemicals’ share split?
No. Tata Chemicals has never split its shares. The face value has remained ₹10 since listing.
Final Verdict
Tata Chemicals is a turnaround candidate with strong assets but weak near-term profitability. While not a growth stock, its below-book valuation and Tata backing offer downside protection.
Our Tata Chemicals share price target 2026–2030 (₹790 to ₹1,180) reflects cautious optimism—rooted in balance sheet strength but tempered by earnings uncertainty. Upside depends on commodity recovery; downside is cushioned by dividend support and strategic relevance.
Disclaimer: Price targets are estimates based on publicly available data and sector analysis. They are not investment advice. Consult a SEBI-registered advisor before making decisions.
Sources
- Screener.in – Tata Chemicals Consolidated Page (FY2025 + TTM)
- Finology Ticker – TATACHEM Financials & Analysis
- Groww.in – Tata Chemicals Stock Profile
- Tata Chemicals Investor Presentation (Q3 FY26, Jan 2026)
- Ministry of Chemicals & Fertilizers – National Chemical Policy 2023
