Tata Chemicals Limited continues to push strategic growth initiatives despite a challenging operating environment, completing the acquisition of Novabay Pte. Limited, Singapore during Q4FY26.
The company also approved a ₹100 crore investment to expand salt capacity at its Mithapur plant by 82,500 TPA and achieved 1 MTPA soda ash production at the facility in FY26.
For Q4FY26, consolidated revenue stood at ₹3,438 crore while EBITDA was ₹274 crore. The company also operationalised a 50 kT electric calciner soda ash plant in Kenya.
Commenting on the results, R. Mukundan, Managing Director s CEO, Tata Chemicals Limited, said:
“During Ǫ4FY2c the global soda ash markets remained adequately supplied and the supply overhang continue to exert pressure on pricing. The challenging external environment amid ongoing geopolitical tensions in the Middle East led to uncertainty and limited visibility on any immediate change in market conditions.
Despite the challenging external environment, the Company’s standalone performance has been supported by higher volumes and disciplined cost management, resulting in a resilient operating performance. Mithapur facility (India) achieved production of 1 MTPA of Soda Ash during FY2c. However, the Company’s consolidated performance has been sharply impacted by continuing unsustainable unremunerative prices across geographies particularly in Southeast Asia. In US, impairment charge of ₹ 1,837 Cr of goodwill & ₹ 182 Cr of deferred tax assets write-off recognized amidst the current soda ash export market conditions.
We successfully completed the acquisition of Novabay Pte. Limited, Singapore during the quarter, as announced earlier. This acquisition aligns with our strategy of expanding high-margin specialty chemicals and strengthening our presence in key global markets. It enhances our ability to offer differentiated, value-added solutions and supports our long-term growth agenda.
The Board also approved a ₹100 crore investment to debottleneck salt capacity at our Mithapur plant by 82,500 TPA. This will strengthen our core consumer products portfolio and support long-term, sustainable growth while meeting rising demand for high-quality iodised salt.
In the midst of a challenging and volatile operating environment, our focus remains resolutely on safeguarding margins, preserving cash flows, and maintaining a strong and resilient balance sheet. We are navigating this phase with prudence and disciplined capital deployment. These actions are aimed at reinforcing the Company’s financial strength and positioning us to emerge from the current cycle with sustained stability and long-term value creation for our investors.”
