Tanfac Industries Ltd

The commissioning comes after trial production was approved by one of India's major solar energy producers, confirming that TANFAC's product meets stringent quality standards. This milestone marks TANFAC as the first Indian chemical company to commission a solar-grade DHF plant, a critical raw material for the solar energy industry. The company is currently implementing the second phase of the project, which aims to expand the total Solar Grade DHF capacity to 10,000 TPA. This expansion is expected to be commissioned within the next three months. Afzal Malkani, director, TANFAC, said, 'We are excited to announce the successful commissioning of our 5,000 TPA Solar Grade DHF plant after meeting the stringent quality requirements of one of our major solar energy customers. Being the first chemical company in India to achieve this is a significant milestone in TANFAC's history. This development not only strengthens our position in the solar chemicals sector but also has the potential to significantly enhance both our top-line and bottom-line growth. We are equally enthusiastic about the ongoing second phase of the project, which will double our capacity to 10,000 TPA and further reinforce our commitment to supporting India's renewable energy ambitions.' Tanfac Industries (TIL) is a joint venture (JV) between Tamil Nadu Industrial Development Corporation (TIDCO) and Anupam Rasayan India (ARIL); the management control vests with ARIL. The company mainly produces hydrofluoric acid (HF) and aluminium fluoride (ALF). TIL also produces sulphuric acid. In addition, it manufactures specialty fluorides that are sold to diverse customers. The company's standalone net profit surged 79.5% to Rs 22.74 crore on a 67.3% jump in sales to Rs 171.95 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

Tanfac Industries has successfully commissioned its 5,000 tonnes per annum (TPA) Solar Grade Dilute Hydrofluoric Acid (DHF) plant. The commissioning follows the approval of the trial production quality by one of India's major solar energy producers, confirming that the product meets their stringent quality requirements. This milestone marks TANFAC as the first Indian chemical company to commission a Solar Grade DHF plant, a critical raw material for the solar energy industry. The company is currently implementing the second phase of the project, which aims to expand the total Solar Grade DHF capacity to 10,000 TPA. This expansion is expected to be commissioned within the next three months.Powered by Capital Market - Live

Benares Hotels Ltd, Vivid Mercantile Ltd, Manaksia Ltd and Global Vectra Helicorp Ltd are among the other losers in the BSE's 'B' group today, 29 April 2025.Tanfac Industries Ltd lost 9.72% to Rs 2969.9 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 87283 shares were traded on the counter so far as against the average daily volumes of 16267 shares in the past one month.Benares Hotels Ltd crashed 8.73% to Rs 10830.5. The stock was the second biggest loser in 'B' group.On the BSE, 4356 shares were traded on the counter so far as against the average daily volumes of 853 shares in the past one month.Vivid Mercantile Ltd tumbled 7.26% to Rs 8.3. The stock was the third biggest loser in 'B' group.On the BSE, 5.5 lakh shares were traded on the counter so far as against the average daily volumes of 5.58 lakh shares in the past one month.Manaksia Ltd pared 7.24% to Rs 65.89. The stock was the fourth biggest loser in 'B' group.On the BSE, 20620 shares were traded on the counter so far as against the average daily volumes of 8416 shares in the past one month.Global Vectra Helicorp Ltd fell 7.08% to Rs 203.95. The stock was the fifth biggest loser in 'B' group.On the BSE, 10384 shares were traded on the counter so far as against the average daily volumes of 3442 shares in the past one month.Powered by Capital Market - Live

Net profit of Tanfac Industries rose 79.48% to Rs 22.74 crore in the quarter ended March 2025 as against Rs 12.67 crore during the previous quarter ended March 2024. Sales rose 67.25% to Rs 171.95 crore in the quarter ended March 2025 as against Rs 102.81 crore during the previous quarter ended March 2024. For the full year,net profit rose 67.97% to Rs 88.15 crore in the year ended March 2025 as against Rs 52.48 crore during the previous year ended March 2024. Sales rose 47.29% to Rs 556.98 crore in the year ended March 2025 as against Rs 378.15 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales171.95102.81 67 556.98378.15 47 OPM %20.8015.90 -23.1418.70 - PBDT35.0118.24 92 129.2277.06 68 PBT31.2016.41 90 118.7670.06 70 NP22.7412.67 79 88.1552.48 68 Powered by Capital Market - Live

Tanfac Industries announced that the Board of Directors of the Company at its meeting held on 28 April 2025, inter alia, have recommended the final dividend of Rs 9 per equity Share (i.e. 90%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Tanfac Industries will hold a meeting of the Board of Directors of the Company on 28 April 2025.Powered by Capital Market - Live

Tanfac Industries has received upgrade in credit ratings from ICRA as under: Fund-based Limits -Working Capital Facilities (Rs 20 crore) - ICRA A+; Stable Non-fund-based Facilities - Working Capital Facilities (Rs 68 crore) - [ICRA]A1+ Short-term Fund Based/Non-Fund Based - Standby Line of Credit (Rs 2 crore) - ICRA A1+ Powered by Capital Market - Live

TANFAC Industries announced that R. Rajalakshmi (DIN :01985132), ceased to be an Independent Director of the Company upon completion of her second and final term of Five (5) consecutive years at the close of business hours on 24 March 2025.Powered by Capital Market - Live

Net profit of Tanfac Industries rose 245.24% to Rs 34.80 crore in the quarter ended December 2024 as against Rs 10.08 crore during the previous quarter ended December 2023. Sales rose 102.98% to Rs 178.18 crore in the quarter ended December 2024 as against Rs 87.78 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales178.1887.78 103 OPM %28.2316.62 - PBDT49.7115.41 223 PBT46.4713.62 241 NP34.8010.08 245 Powered by Capital Market - Live

Tanfac Industries will hold a meeting of the Board of Directors of the Company on 24 January 2025.Powered by Capital Market - Live