TANFAC Industries Ltd. stock analysis

Relations with employees remained cordial through the year. Outlook The Company enters FY27 with new capacity, a substantial contracted order book and a strengthened balance sheet. Revenue growth is expected to accelerate following the commissioning and progressive ramp-up of the refrigerant-gas facility, while the operating EBITDA margin is expected to improve as the plant achieves higher utilisation.

Outlook The Company is entering its next phase of growth, with the on-going refrigerant-gas project expected to become a significant growth driver upon commissioning and ramp-up. The resulting scale, operating leverage and richer product mix are expected to support a meaningful expansion in revenues and improvement in operating EBITDA margins over the medium term with more value added products in the pipeline. These

From building a strong foundation in hydrofluoric acid and sulphuric acid, it steadily expanded its fluorochemical capabilities over time while maintaining a disciplined operating and financial approach. The induction of Anupam Rasayan India Limited as a co-promoter in 2022 marked the beginning of a new growth phase, characterised by operational improvement, capacity expansion, forward integration and the development

During his tenure, the Company successfully completed its Qualified Institutions Placement, raising ₹250 crore — its first equity capital raise in over three decades — with participation from marquee institutional investors. His proactive engagement with institutional investors, analysts, and stakeholders has significantly strengthened the Company's investor relations framework and enhanced the Company's visibility a

The Company is the first and only producer of solar-grade DHF in India, and is building integrated refrigerant- gas capacity, an uncommon position among domestic producers. A first mover gains customer qualification, product approvals and operating experience that later entrants have to build from the start. Long- term agreements in refrigerant gas and solar-grade DHF give the Company visibility over a large part of

Produced in-house from fluorspar and supported by captive sulphuric acid capacity, hydrofluoric acid has remained at the core of the Company’s operations for over four decades. Over this period, the Company has developed the expertise, infrastructure and operating discipline required to manufacture, handle and transport this complex product safely and at scale, creating a strong competitive advantage in a market wher

Afzal Malkani: Yes, in revenue terms. Rajesh Gupta: And what kind of margin expansion you look, sir, since the other project will going to commission? So obviously I'm assuming that will contribute better margin.

Accordingly, the issued, subscribed, and paid-up equity share capital of the Company was sub-divided from 99,75,000 equity shares of face value of ₹10 each to 1,99,50,000 Equity Shares of face value of ₹5 each. Subsequent to the close of the financial year, pursuant to the approval of the shareholders accorded through Postal Ballot on February 23, 2026 and receipt of the requisite statutory and regulatory approvals,

The Company operates a single integrated complex at Cuddalore, Tamil Nadu, from which it produces hydrofluoric acid and a range of value-added fluorine derivatives for the solar, refrigeration, pharmaceutical, agrochemical, steel and electronics industries. Position in the market Among the leading domestic manufacturers of hydrofluoric acid, with strong backward integration into sulphuric acid. The first and only man