Tamil Nadu Petro Products share price today

Tamil Nadu Petro Products Ltd's share price was ₹114.55 at the close on 30 October 2026. It has been rising for 12 weeks. That is 8.3% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 26 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Tamil Nadu Petro Products Ltd is in stage 2. The phase helps read everything below.

In the last 52 weeks it traded between ₹81 and ₹133, and at that close it sat 65% of the way up from that low.

Over the last 11 years the share price moved +391% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: best operating margin in 15 quarters, revenue grew again in the June 2026 quarter and highest quarterly profit in 15 quarters.

1. Best operating margin in 15 quarters

   Operating margin was 15% in the June 2026 quarter, against 10% a year earlier.

2. Revenue grew again in the June 2026 quarter

   Revenue was ₹780 crore, +68.5% on a year earlier (₹463 crore), after 2 quarters of decline.

3. Highest quarterly profit in 15 quarters

   Profit of ₹80 crore in the June 2026 quarter is the highest of the last 15 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Tamil Nadu Petro Products reported revenue of ₹780 crore, up 68.5% from ₹463 crore a year earlier, and a profit of ₹80.0 crore, up 128.6% from ₹35.0 crore.

Tamil Nadu Petro Products results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Tamil Nadu Petro Products closed at ₹114.55 on 30 October 2026, down 7.4% from ₹123.74 a year earlier (31 October 2025) and down 6.4% over five years. Its highest weekly close since March 2016 was ₹147.75 on 6 August 2021.

Tamil Nadu Petro Products share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 30 October 2026.

30 Oct 2026: Tamil Nadu Petro Products closed at ₹114.55, up 1.4% on the week and down 7.0% on the month. 17 Sep 2026: ex-date for a dividend of ₹1.50 a share.

Earlier

• Results for April to June 2026: Revenue up 68.5% and profit up 128.6% on a year earlier.

Tamil Nadu Petro Products paid ₹1.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.31% at the ₹114.55 close on 30 October 2026. The last was a dividend of ₹1.50 a share, ex-date 17 September 2026.

Tamil Nadu Petro Products dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Tamil Nadu Petro Products Ltd paid out 14% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Tamil Nadu Petro Products' management made 0 promises we could check against what it later reported.

Our read after the latest results, written 22 August 2026.

What is changing at Tamil Nadu Petro Products, from the latest results and calls: five-year capital spending commissioning and capacity ramp, petrochemical spread expansion and operating margin recovery and working capital liquidation and cash flow unlocking.

• Five-Year Capital spending Commissioning and Capacity Ramp. Cumulative capital expenditure of ₹805 Cr over FY22-FY26 expands manufacturing scale across LAB and chlor-alkali units. ✓ fact
• Petrochemical Spread Expansion and Operating Margin Recovery. Operating margin expanded to 15.0% in April to June 2026 from a cyclical trough of 1.6% in July to September 2024. ✓ fact
• Working Capital Liquidation and Cash Flow Unlocking. Inventory buildup of ₹223 Cr in FY26 creates a pool for operating cash flow release as stock is monetized. ✓ fact
• . Foreign institutional stake increased from 5.35% in Dec 2024 to 8.76% in Sep 2025. ✓ fact

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 22 August 2026.

Quarterly operating margin dropping below 6.0% combined with working capital inventory days failing to reduce below 90 days over the next two quarters, indicating that peak margins have collapsed while cash remains trapped in unliquidated inventory.

Each change stops working if

• Five-Year Capital spending Commissioning and Capacity Ramp: Capacity utilization fails to scale or product demand in domestic detergent applications softens.
• Petrochemical Spread Expansion and Operating Margin Recovery: Feedstock benzene and kerosene costs escalate faster than domestic petrochemical realised prices.
• Working Capital Liquidation and Cash Flow Unlocking: Finished goods inventory undergoes write-downs due to falling market prices rather than profitable liquidation.

The main risks

• Working Capital Bloat and Cash Conversion Deficit: Cash conversion cycle expanded from 26 days in FY25 to 116 days in FY26, resulting in negative FY26 operating cash flow of -₹100 Cr. ⚠ estimate
• Increased Debt Burden Following Capital spending Program: Total borrowings rose from ₹18 Cr in FY24 to ₹465 Cr in FY26 to fund capital expenditures and inventory buildup. ⚠ estimate
• Extreme Top-Line Volatility and Plant Outage Exposure: Quarterly revenue swung from ₹124 Cr in January to March 2026 (-72.7% on a year earlier) to ₹780 Cr in April to June 2026 (+68.5% on a year earlier). ⚠ estimate
• Earnings Flattery from Non-Operating Other Income: Other income spikes flatted quarterly profit before tax, including ₹11 Cr (110% of profit before tax) in January to March 2026 and ₹18 Cr (50% of profit before tax) in January to March 2025. ⚠ estimate

Our read after the latest results, written 22 August 2026.

When Tamil Nadu Petro Products reports July to September 2026, these are the 5 checks that show whether the story is still on course. First: Quarterly operating margin declining below 8.0% in subsequent reporting periods.

Tamil Nadu Petro Products is on one of our India lists: Undervalued stocks.

Tamil Nadu Petro Products Ltd earned ₹80.0 Cr of net profit in the Jun 2026 quarter, +128.6% on the same quarter a year earlier. Full-year FY26 profit was ₹97.0 Cr. Over 10 years profit has grown 10.1% a year on average. That is 10.3% of the quarter's revenue. The same quarter a year earlier earned ₹35.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹97.0 Cr (+67.2% on the year before).

Why profit moved: revenue changed +68.5% on a year earlier and the margin moved +5.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +176.2% and revenue −2.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Tamil Nadu Petro Products Ltd reported ₹780 Cr of revenue in the Jun 2026 quarter, +68.5% on the same quarter a year earlier. Over 10 years it has grown 7.7% a year on average. The last full year, FY26, came in at ₹1,466 Cr. The last four reported quarters add to ₹1,782 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹1,466 Cr, −19.8% on the year before.

Recent pace: the last four quarters grew −2.8% on average, against 7.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −2.5%, against +3.0% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +79.7%, against +68.5% a year (accelerating).

Tamil Nadu Petro Products Ltd's operating margin was 15.0% in the Jun 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −2.8% and 15.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Favorable price differentials between raw materials (kerosene, benzene) and finished products (LAB, caustic soda) lifted OPM from 1.6% in Q2 FY25 to 10.0% in Q1 FY26 and 15.0% in Q1 FY27. This spread expansion drove Q1 FY27 net profit to ₹80 Cr (EPS ₹8.90), delivering 128.6% YoY profit growth.

Why the margin moved: operating margin changed +5.2 percentage points on the year while gross margin changed +0.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 131% of Tamil Nadu Petro Products Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 its operations used ₹100 Cr of cash, against ₹97.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Why this happened. FY26 operating cash flow was negative at -₹100 Cr primarily due to a working capital absorption of ₹223 Cr, with inventory days jumping to 132 days from 34 days in FY25. The Q1 FY27 revenue surge of ₹780 Cr indicates active inventory dispatch, which should reverse working capital lockups and generate positive operating cash flow to service debt.

After ₹257 Cr of spending on assets, free cash was −₹357 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 131% of profit came in as cash: the cash cycle got 54 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 9.4× depreciation over three years. The next section checks what that spending is building.

Tamil Nadu Petro Products Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 109 days in FY26, up from 55 days in FY21. It spent ₹692 Cr on assets over the last 3 years. Customers take 7 days to pay, and stock sits for 132 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Why this happened. TNPETRO has deployed ₹805 Cr in cumulative capex between FY22 and FY26, including ₹385 Cr in FY25 and ₹257 Cr in FY26, modernizing and expanding its Linear Alkyl Benzene (LAB) and chlor-alkali facilities. As new capacity ramps up, higher asset turnover has the potential to generate operating leverage on fixed production costs.

At FY26 sales of ₹1,466 Cr, each day of that cycle ties up about ₹4.0 Cr, so roughly ₹438 Cr is tied up in the business at any time.

FY26: customers took 7 days to pay and stock sat for 132 days, about 4.3 months of sales sitting as stock, for a full cycle of 109 days, longer than FY21's 55.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 132 days. Customers pay about 7 days after that. Suppliers are paid at 30 days. Together that makes the 109-day cycle.

Spending on assets: ₹692 Cr over the last 3 years, against ₹74.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹116 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Tamil Nadu Petro Products Ltd's P/E is 7.6×, in the middle of its own history: higher than 57% of past readings. Its usual P/E (the middle reading) is 7.0×, over 8.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹15.82.