Tata Chemicals raises ₹1,500 crore through NCDs, shares trade lower; check details

The company has allotted 150,000 listed, unsecured, rated, redeemable, taxable, non-cumulative, non-convertible debentures, having a face value of Rs 1 lakh each, for cash, it said in a regulatory filing.

The NCDs have a tenure of two years and 364 days and carry a fixed rate coupon of 7.06%, Tata Chemicals said.

The debentures have been issued to identified investors based on multiple yield allotment methods, it added.

The NCDs will be listed on the Debt Segment of the National Stock Exchange of India Limited (NSE).

The allotment was approved by the internal committee constituted by the board of directors of the company, Tata Chemicals said.

NCDs are debt instruments issued by companies to raise long-term funds. They are popular among investors seeking stable, fixed returns without equity exposure.

Tata Chemicals share price

The stock had touched an intraday high of ₹759.80 apiece and a low of ₹751.1 per share on Wednesday. At 3:10 PM, Tata Chemicals shares were trading at ₹750 apiece on the National Stock Exchange, falling 0.67%.

Over a month’s time, Tata Chemicals shares have fallen more than 10%, while the stock has tumbled 20% in 6 months. Since the beginning of 2025, the stock has tanked 28%.

The company has a total market capitalisation of ₹19,132.20 crore, according to data on the NSE.

While the stock reached a 52-week low of ₹747 on December 9, 2025, it touched a year’s high of ₹1,107 per equity share on December 24, 2024.

Tata Chemicals Q2 earnings

The Tata Group company reported over a 60% decline in consolidated net profit at ₹77 crore during the September quarter.

The company's net profit stood at ₹194 crore in the year-ago period, Tata Chemicals said in a regulatory filing.

Revenue from operations of the company dipped 3.05% to ₹3,877 crore during the quarter under review compared to ₹3,999 crore in the same period of the previous fiscal year.

Its profit after tax (before exceptional items and NCI) stood at ₹219 crore compared to ₹267 crore in Q2FY25. The net debt as of September 30, 2025, stood at ₹5,583 crore (excluding the lease of ₹776 crore).

About Tata Chemicals

A part of the over US$ 165 billion Tata Group, Tata Chemicals Limited is a leading supplier of choice to the glass, detergent, industrial and chemical sectors. The company commands a strong position in the crop protection business through its subsidiary company, Rallis India Limited. Tata Chemicals boasts world-class R&D facilities in Pune and Bangalore.

The company's history can be traced to Okhamandal Salt Works, set up in 1927. It became part of the Tata Group in 1939 after being overtaken by JRD Tata. Starting from industrial salt and soda ash, the company has diversified its product portfolio to various science-based products.