Tamil Nadu Petroproducts Limited (TPL) was established in 1984 with the founding objective of setting up a state-of-the-art Linear Alkyl Benzene (LAB) manufacturing facility. The company was incorporated on June 22, 1984, and was promoted by Tamil Nadu Industrial Development Corporation Ltd (TIDCO) as a joint venture between SPIC Ltd and Tamil Nadu Industrial Development Corporation. TPL is part of the AM International group and has grown to become India's leading petrochemical facility, manufacturing an array of products that find application across a range of high-growth industries.
Located in Chennai, Tamil Nadu, India, TPL operates within the Petroleum and Coal Products Manufacturing Industry. The company's headquarters are in Chennai, and it has positioned itself as a leading manufacturer of industrial intermediate chemicals. TPL's success is attributed to its emphasis on continuous technological upgradation, innovative products and services, and a strong financial foundation.
Tamil Nadu Petro-products Limited is primarily engaged in the manufacture and sale of commodity chemicals. Its products serve as essential raw materials in industries involved in the manufacture of detergents and cleaning agents, lubricants, epoxy resins, pharmaceuticals, and textiles. The company's facilities situated at Manali, Chennai, are involved in the manufacturing and sale of petrochemical products, including Linear Alkyl Benzene (LAB), Caustic Soda (CS lye), Chlorine, and Propylene Oxide.
The company boasts production units for Linear Alkyl Benzene (LAB), Normal Paraffin, Epichlorohydrin (ECH), and Caustic Soda, with a combined installed capacity of 1,20,000 MT per annum. Additionally, it manufactures Hydrochloric Acid, Compressed Hydrogen, and Ammonium Chloride, with an additional installed capacity of 24,270 MT per annum. TPL offers Linear Alkyl Benzene in various grades, such as SL-352 and SL-402, alongside other products like Ammonium Chloride, Hydrochloric Acid, Hydrogen, and Sodium Hypo Chlorite.
TPL's flagship product, Linear Alkyl Benzene, is a chemical intermediate used to form Linear Alkyl Benzene Sulfonate (LAS), a widely used surfactant in detergents and cleaning products. Caustic Soda, another key industrial chemical, finds applications in the textile, pulp and paper, aluminum, and soaps and detergents industries.
TPL maintains a strong market position by securing firm off-take agreements with major Fast-Moving Consumer Goods (FMCG) companies through annual contracts. These contracts feature monthly price adjustments based on international raw material prices, ensuring stability and competitiveness. The company's high-quality, eco-friendly products are utilized in diverse applications across domestic and international markets, serving industries such as detergents, textiles, and chemicals.
The company's financial performance demonstrates consistent growth and stability.
For the quarter ended March 2025, Tamil Nadu Petroproducts Ltd reported revenue of ₹454.29 crore, representing a 3.94% increase from ₹437.08 crore in the previous quarter ended March 2024. Net profit significantly rose by 118.71% to ₹26.88 crore, compared to ₹12.29 crore in the same period last year.
For the full financial year ended March 2025, the company achieved a net profit of ₹58.35 crore, marking a 16.56% increase from ₹50.06 crore in the previous year (FY24). Total sales for FY25 reached ₹1,823.27 crore, up 9.49% from ₹1,665.21 crore in FY24.
• Revenue (FY25): ₹1,823.27 crore
• Net Profit (FY25): ₹58.35 crore
• Revenue Growth (YoY): 9.49%
• Net Profit Growth (YoY): 16.56%
• Q4 FY25 Revenue: ₹454.29 crore
• Q4 FY25 Net Profit: ₹26.88 crore
• Market Capitalization: ₹898.17 crore (as of recent trading)
• P/E Ratio: 13.33
• Current Dividend Yield: 1.39%
• 52-week High/Low: ₹110.77 / ₹63.66
• Dividend (FY25): ₹1.2 per equity share (12%) recommended
TPL is committed to sustainable operations, as evidenced by the successful completion of projects such as the 9 MW Windfarm in Coimbatore and the installation of an 18.6 MW Captive Power Plant. The company employs 318 individuals across its locations and has annual sales of approximately $157.75 million (USD). Its dedication to safety has been recognized with Safety Awards from the Government of Tamil Nadu for maintaining the lowest weighted frequency rate in accidents.
Tamil Nadu Petroproducts Limited has demonstrated strong resilience in managing operational challenges. The company effectively faced natural disasters like cyclone Vardha in 2016 and adapted its emergency preparedness plan to navigate the COVID-19 crisis, consistently maintaining production capabilities.
As of March 2025, the promoter holding in Tamil Nadu Petro Products Ltd stands at 34.54%. While this percentage is considered relatively low, the company maintains strategic associations within the industry, including with Manali Petrochemicals, which was established in 1986 and is India's sole integrated polyol manufacturer.
Tamil Nadu Petroproducts Limited continues to maintain its position as a significant player in India's petrochemical industry, supported by steady financial performance, a diversified product portfolio, and strong customer relationships in the industrial chemicals sector.
