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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comThirumalai Chemicals Ltd is a well-established player in India’s specialty and commodity chemicals space, with a strong presence in phthalic anhydride, maleic anhydride, and related downstream products. The company serves a wide range of industries including plastics, resins, coatings, pharmaceuticals, and agrochemicals.
With India emerging as a global manufacturing hub and increasing demand for specialty chemicals, Thirumalai Chemicals Ltd is positioned to benefit from long-term structural tailwinds. In this article, we analyze Thirumalai Chemicals Ltd share price targets from 2026 to 2030 based on current market data, business fundamentals, shareholding structure, and sector outlook.
| Detail | Value |
|---|---|
| Open | ₹212.36 |
| Previous Close | ₹209.19 |
| Day’s High | ₹212.36 |
| Day’s Low | ₹205.10 |
| VWAP | ₹207.35 |
| 52-Week High | ₹328.80 |
| 52-Week Low | ₹177.85 |
| All-Time High | ₹394.95 |
| All-Time Low | ₹2.00 |
| Market Capitalization | ₹2,486 Cr |
| Volume | 57,180 |
| Value (Lacs) | 117.92 |
| UC Limit | ₹251.02 |
| LC Limit | ₹167.36 |
| Beta | 1.20 |
| Face Value | ₹1 |
| Book Value Per Share | ₹127.13 |
| 20D Avg Volume | 2,32,742 |
| 20D Avg Delivery (%) | 45.81% |
Thirumalai Chemicals Ltd operates across basic and specialty chemicals, with manufacturing facilities in India and overseas. The company focuses on both domestic and export markets, supplying key intermediates used in industrial and consumer applications.
Its diversified end-user exposure helps balance cyclicality in individual segments, while ongoing capacity optimization and product mix improvement support long-term profitability.
Strong legacy and technical expertise in chemical manufacturing
Diversified end-user industries reducing dependence on one sector
Healthy book value relative to current share price
Growing focus on specialty and value-added chemicals
Beneficiary of China+1 and import substitution trends
| Investor Type | Holding (%) |
|---|---|
| Retail & Others | 51.42% |
| Promoters | 37.13% |
| Mutual Funds | 8.46% |
| Foreign Institutions | 1.97% |
| Other Domestic Institutions | 1.01% |
Stable promoter holding and rising mutual fund participation reflect improving confidence in the company’s long-term prospects.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 260 | 300 |
| 2027 | 310 | 360 |
| 2028 | 380 | 440 |
| 2029 | 460 | 530 |
| 2030 | 560 | 650 |
These projections are based on demand recovery in chemicals, margin normalization, export growth, and gradual valuation re-rating.
By 2026, stabilization in raw material costs and demand recovery may improve operating margins.
Growth Drivers
Better capacity utilization
Gradual shift toward higher-margin products
Stable domestic demand
Investment View: Suitable for investors seeking cyclical recovery plays.
2027 could reflect stronger earnings visibility as specialty chemical contributions increase.
Growth Drivers
Export market expansion
Improved pricing discipline
Operational efficiencies
Investment View: Positive medium-term outlook.
By 2028, sustained specialty chemical demand may support valuation expansion.
Growth Drivers
China+1 sourcing benefits
Rising demand from coatings, plastics, and resins
Better return ratios
Investment View: Attractive for long-term chemical sector investors.
As global chemical cycles stabilize, the company could generate consistent cash flows.
Growth Drivers
Margin stability
Higher export contribution
Improved balance sheet strength
Investment View: Suitable for investors targeting steady compounding.
By 2030, Thirumalai Chemicals Ltd may emerge as a stronger specialty chemical player with resilient earnings.
Growth Drivers
Long-term industrial and infrastructure demand
Value-added product expansion
Stronger global customer relationships
Investment View: Ideal for long-term wealth creation with moderate risk.
Thirumalai Chemicals Ltd offers exposure to India’s chemical manufacturing growth story, supported by global supply chain diversification and rising domestic consumption. While the business remains cyclical, its gradual shift toward specialty chemicals improves long-term visibility.
Reasonable valuation versus book value
Diversified product and customer base
Structural tailwinds from China+1 strategy
Long operating history and execution capability
Volatility in raw material prices
Cyclicality in global chemical demand
Margin pressure during downturns
Tracking capacity utilization, margins, and export performance is important.
Thirumalai Chemicals Ltd stands at the intersection of India’s industrial growth and global chemical supply chain realignment. With improving fundamentals, diversified applications, and long-term demand drivers, the stock holds promising potential. Analysts project that Thirumalai Chemicals Ltd share price could reach ₹560–₹650 by 2030, supported by earnings growth and valuation re-rating.
For investors seeking long-term exposure to the chemical sector, Thirumalai Chemicals Ltd can be considered as part of a diversified portfolio.
1. What is the current share price of Thirumalai Chemicals Ltd?
It trades around the ₹205–₹212 range, depending on market conditions.
2. What is the Thirumalai Chemicals Ltd share price target for 2026?
The expected range is ₹260 to ₹300.
3. Is Thirumalai Chemicals Ltd good for long-term investment?
Yes, for investors comfortable with cyclicality in the chemical sector.
4. What is the share price target for 2030?
The projected target range is ₹560 to ₹650.
5. What factors influence Thirumalai Chemicals Ltd share price the most?
Chemical demand cycles, raw material prices, export growth, and margin trends.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
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