Thirumalai Chemicals Ltd
Thirumalai Chemicals Ltd (TIRUMALCHM)

Thirumalai Chemicals Ltd (TIRUMALCHM)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-12.55 %
3 Month Return-15.81 %
1 Year Return-33.26 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 44
Rank 77
Rank 137
Dividend Yield
Rank 32
Rank 116
Price To Book Ratio
Rank 118
Debt To Asset
Rank 194

Company Information

Incorporated in 1972 Thirumalai Chemicals TCL was promoted by N S Iyengar promoter and director of Ultra Marine Pigments. It manufactures and markets Phthalic Anhydride Maleic Anhydride Tartaric Acid and its salts Fumaric Acid and Maleic Acid. TCL also manufactures food acids commercial production of which commenced in 1992. It had a technical tieup with Alusuisse Italia Italy for the recovery of maleic anhydride from effluent gases of the phthalic anhydride plant. In 1994 TCL expanded its activities by setting up additional plants at Ranipet Tamilnadu to manufacture pthalic anhydride Fumaric Acid and Malic Acid. The Ranipet plant now has the installed capacity to produce 87000 MT of Phthalic Anhydride 10750 MT of Maleic An hydride 17000 MT of Food Acids.TCLs products are widely used in the manufacture of plasticisers esters polyester resins and alkyd paints and blue/green pigments. Fumaric acid is used in the manufacture of soft drink powders concentrates fruit products hard candy digestive tablets frozen foods and fresh sterilised concentrates.During 199596 TCL was accorded the status of an Export House. It exports to the Gulf countries Pakistan Bangladesh East Asia and Australia. It has been awarded the ISO 9002 by the BVQI. In 200001 the company recieved ISO 14001 awarded by BVQI and this certificate is valid for 3 years.The company has a jointventure company TCL Industries Malaysia at Karnaman Malaysia to manufacture pthalic anhydride and fumaric acid. For some time the company is not performing well and the revival efforts have yielded some fruitful in 200001.Company also undertake a project to revamp and modernise its old PAN plants to manufacture value added chemicals involving outlay of about Rs.10 Crores. Company already expanded significant amount for this project with the completion of this company is confident that have large global capacities for all products in its range.
OrganisationThirumalai Chemicals Ltd