Tandhan Industries share price today

Tandhan Industries Ltd's share price was ₹147.60 at the close on 4 November 2026. It has been rising for 46 weeks. That is 38.8% 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 3 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 Tandhan Industries Ltd is in stage 2. The phase helps read everything below.

Since its first close in our records, on 10 April 2026, it has traded between ₹60 and ₹167, and at that close it sat 82% of the way up from that low.

Over the last 7 months the share price moved +144% while the NIFTY 500 moved −3%, 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.

Two changes stood out: number of shareholders up 1164% in a year and profit grew again in the June 2026 quarter.

1. Number of shareholders up 1164% in a year

   493 shareholders in the September 2026 quarter, against 39 a year earlier.

2. Profit grew again in the June 2026 quarter

   Profit was ₹0 crore, +100% on a year earlier (₹-0 crore), after 3 quarters of decline.

For April to June 2026 (the quarter ended 30 June 2026), Tandhan Industries reported revenue of ₹0.00 crore, and a profit of ₹0.00 crore, against a loss of ₹0.02 crore a year earlier.

Tandhan Industries 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.

Tandhan Industries closed at ₹147.60 on 4 November 2026. Its highest weekly close since April 2026 was ₹159.00 on 18 September 2026.

Tandhan Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

38 weekly closes from 10 April 2026 to 4 November 2026.

4 Nov 2026: Tandhan Industries closed at ₹147.60, down 1.6% on the week and up 1.8% on the month.

No. Tandhan Industries Ltd paid out 0% of its profit as dividends in each of its last 11 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate (as of 4 November 2026).

Tandhan Industries is on one of our India lists: Momentum stocks.

Tandhan Industries Ltd earned ₹0.0 Cr of net profit in the Jun 2026 quarter. The full FY26 year was a loss of ₹0.2 Cr. The same quarter a year earlier lost ₹0.02 Cr. 7 of the last 12 reported quarters were loss-making.

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 −₹0.2 Cr (−154.1% on the year before).

Tandhan Industries Ltd reported ₹0.0 Cr of revenue in the Jun 2026 quarter. The last full year, FY26, came in at ₹0.0 Cr. The last four reported quarters add to ₹0.0 Cr. A growth rate over several years is not shown, because there are too few years of figures to work one out properly.

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

Tandhan Industries Ltd's operating margin was 15.8% in the Jun 2026 quarter. Its latest full-year margin is the highest it has ever reported. Across 7 years it has been between −175.0% and 16.0%. 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 the margin moved: operating margin changed +25.0 percentage points on the year while gross margin changed +97.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 308% of Tandhan Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 its operations used ₹0.7 Cr of cash, against −₹0.2 Cr of profit. After ₹0.0 Cr of spending on assets, free cash was −₹1.0 Cr: it spent more than its operations brought in.

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.

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

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: it spends almost nothing on new assets, so the cash goes on running the business. The next section shows the spending figures.

Tandhan Industries Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹0.0 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹0.0 Cr on assets over the last 3 years.

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.

Spending on assets: ₹0.0 Cr over the last 3 years. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: almost nothing is being spent on new assets, so the cash goes on running the business.

Tandhan Industries Ltd's P/E is 1,836.6×, about the highest it has ever been. Its usual P/E (the middle reading) is 939.0×, over 1 year 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.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Tandhan Industries Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading.

Why it matters: with too little history, we say so rather than guess a direction.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Tandhan Industries Ltd earned a ROCE of 0% in FY26. That is up from a low of −7% in FY22. Its return on capital used (ROIC) is left out: on sales this small it reads 7%, a number that says nothing useful about the business. It comes from a −100.0% net margin and 0.02× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY23): a −100.0% net margin × 0.02× asset turnover × 2.43× leverage (assets divided by equity) ≈ −4.9% on equity. The margin does its share; borrowing is a big part of it.

Tandhan Industries Ltd had ₹0.0 Cr of borrowings against ₹118 Cr of equity in FY26, so its debt is 0.00× its equity. Over 5 years borrowings went from ₹0.2 Cr to ₹0.0 Cr. Over the last 3 of those years it spent ₹0.0 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

The spending on assets is being paid for from cash, not new debt.

Promoters raised their stake in Tandhan Industries Ltd by 21.9 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 65.1% of the company. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Why the owners changed: promoters drove it (+21.9 points). They raised their stake step by step.

For Tandhan Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

43.1 out of 100, rank 40 of 42 in Miscellaneous, with 37% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

Tandhan Industries Ltd scores 43.1 out of 100 against the 42 companies it is compared with in Miscellaneous, ranking 40. Some evidence is missing, so the score is pulled toward the middle on purpose.

The three scored parts add up to the total exactly: 24.2 + 6.4 + 12.5 = 43.1 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Tandhan Industries ranks 40 of 42 Miscellaneous companies on the 4-Factor Sector Score, with 43.1 out of 100.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Miscellaneous, all 42 compared on one page.

Tandhan Industries is the 28th largest of 42 Miscellaneous companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: RRP Defense, Prozone Realty and Parin Enterprises. Just below it: Stanley Lifestyles, Global Education and IIRM Holdings India.

Miscellaneous companies close in size

25. RRP Defense Ltd ₹810 crore
26. Prozone Realty Ltd ₹787 crore
27. Parin Enterprises Ltd ₹772 crore
28. Tandhan Industries Ltd ₹747 crore
29. Stanley Lifestyles Ltd ₹739 crore
30. Global Education Ltd ₹732 crore
31. IIRM Holdings India Ltd ₹728 crore

All 42 Miscellaneous companies, largest first

Companies close in size in other industries

1771. Morganite Crucible (India) Ltd ₹748 crore · Refractories
1772. Neetu Yoshi Ltd ₹747 crore · Castings - Steel/Alloy
1773. Tandhan Industries Ltd ₹747 crore
1774. German Green Steel & Power Ltd ₹745 crore
1775. Shiv Aum Steels Ltd ₹742 crore · Trading

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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