Tanfac Industries

Tanfac Industries is a joint venture company promoted by the Aditya Birla Group and the Tamil Nadu Industrial Development Corporation (TIDCO). Incorporated in 1972, it is one of India’s largest suppliers of fluorine chemicals, making emicals such as aluminium fluoride and anhydrous hydrogen fluoride with a generation capacity of 15,600 tpa each.

It is only in this fiscal, Q1 and now Q2FY17 that the company has been posting good numbers or else, it was mired mostly in red. For Q2Fy17, the company turned in a good set of numbers, with net profit coming in at Rs.3 crore v/s loss of Rs.4 crore in previous Q2. This was on a net sales of Rs.31 crore, up 41% (YoY).

Keeping a tight cost control, EBITDA was at Rs.5 crore v/s loss of Rs.2 crore (YoY). The company’s equity is at Rs.9.97 crore and annualized EPS is at Rs.11.