#TATA CHEMICALS LIMITED
TATA CHEMICALS CMP Rs.1150/1200
INTRINSIC VALUE PER SHARE 5500/6000+
RATIONAL WHY WE SAYING ITS INTRINSIC VALUE 5500/6000 PER SHARE
1) TATA SON LISTED INVESTMENTS VALUE 16 LAC CRORES
TATA CHEMICALS OWN 2.5% OF TATA SON WHICH WORTH 40000 CRORES
+ UNLISTED INVESTMENTS OF TATA SON WORTH 4 LAC CRORES INCLUDES STEEL , AUTO , CONSUMER INVESTMENTS
TATA CHEMICALS INVESTMENT IN TATA SON COMES 45000 CRORE
+
2) TATA CHEMICALS OWN HUGE CHEMICAL BUSINESS + FERTILISER + SODA ASH BUSINESS THEY ARE WORLD TOP 3 PLAYER + LITHIUM + NEW AGE ADVANCED CHEMICALS BUSINESS TODAYS REPLACEMENT COST
NET COMES 75000-90000 CRORES
+
3) TATA CHEMICALS GROUP INVESTMENTS IN OTHER LISTED AND UNLISTED COMPANIES + LAND BANK
WORTH 15000-20000 CRORE
+
4) TATA CHEMICALS HAVE 22000 CRORE RESERVES IN BOOKS
TOTAL VALUE OF INVESTMENTS + BUSINESS VALUE + RESERVES
COMES 157000 - 177000 CRORES
CURRENT MCAP JUST 30000 CRORES
HUGE VALUATION GAP
MUST STUDY IT DEEPLY
TATA CHEMICALS NEXT TRENT IN MAKING IN 2025
EVEN TATA SON IPO WHICH IS EXPECTED IN 2025 IF COMES OR NOT BUT VALUE OF PER SHARE REMAINS SAME 5500 TO 6000 PER SHARE
JAI SHREE SHYAM
