Turner Industries Ltd

Turner Industries Ltd

₹ 0.63 5.00%
13 Jan - close price
About

Incorporated in 1995, Turner Industries Ltd is engaged in the Trading of Diamonds[1]

Key Points

Business Overview:[1]
TIL (formerly Laser Diamonds Ltd) offers comprehensive solutions in heavy industrial construction, maintenance, turnaround, pipe and module fabrication, equipment rigging, and specialized transportation. The company, a fully diversified industrial contractor, serves oil refineries, chemical and petrochemical plants, and pulp and paper mills. Its specialized services include pipe fabrication, equipment rental, hazardous waste clean-up, and demolition, aiming to enhance plant production, reduce costs and downtime, and prevent shutdowns.

  • Market Cap 0.26 Cr.
  • Current Price 0.63
  • High / Low 0.63 / 0.60
  • Stock P/E
  • Book Value 0.35
  • Dividend Yield 0.00 %
  • ROCE -5.94 %
  • ROE -18.2 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 11.3%
  • Company has a low return on equity of -14.5% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.02 0.03 0.01 0.02 0.00 0.04 0.01 0.01 0.00 0.01 0.00 0.01
Operating Profit 0.00 -0.02 -0.03 -0.01 -0.02 0.00 -0.04 -0.01 -0.01 0.00 -0.01 0.00 -0.01
OPM %
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.00 -0.02 -0.03 -0.01 -0.02 0.00 -0.04 -0.01 -0.01 0.00 -0.01 0.00 -0.01
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00 -0.02 -0.03 -0.01 -0.02 0.00 -0.04 -0.01 -0.01 0.00 -0.01 0.00 -0.01
EPS in Rs 0.00 -0.05 -0.07 -0.02 -0.05 0.00 -0.10 -0.02 -0.02 0.00 -0.02 0.00 -0.02
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1.47 0.74 0.28 0.00 0.00 0.51 0.82 0.00 0.00 0.00 0.00 0.00 0.00
1.50 0.83 0.79 0.92 0.09 0.92 0.75 0.15 0.06 0.05 0.04 0.03 0.02
Operating Profit -0.03 -0.09 -0.51 -0.92 -0.09 -0.41 0.07 -0.15 -0.06 -0.05 -0.04 -0.03 -0.02
OPM % -2.04% -12.16% -182.14% -80.39% 8.54%
0.03 0.07 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.00 -0.02 -0.51 -0.92 -0.50 -0.40 0.07 -0.15 -0.06 -0.05 -0.04 -0.03 -0.02
Tax % 0.00% 0.00% -31.52% -6.00% -25.00% 28.57% -20.00% -16.67% -20.00% -25.00% 0.00%
0.00 -0.02 -0.52 -0.64 -0.47 -0.29 0.05 -0.11 -0.04 -0.04 -0.02 -0.03 -0.02
EPS in Rs 0.00 -0.05 -1.28 -1.58 -1.16 -0.72 0.12 -0.27 -0.10 -0.10 -0.05 -0.07 -0.04
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: -7%
5 Years: %
3 Years: 8%
TTM: 67%
Stock Price CAGR
10 Years: -13%
5 Years: 15%
3 Years: 11%
1 Year: 9%
Return on Equity
10 Years: -32%
5 Years: -19%
3 Years: -15%
Last Year: -18%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4.01 4.01 4.01 4.01 4.01 4.01 4.01 4.01 4.01 4.01 4.01 4.01 4.01
Reserves -1.69 -1.71 -2.23 -2.87 -3.35 -3.64 -3.59 -3.70 -3.74 -3.78 -3.83 -3.86 -3.87
0.00 0.06 0.05 0.04 0.00 0.06 0.07 0.15 0.21 0.24 0.32 0.36 0.36
0.23 0.30 0.09 0.21 0.32 0.02 0.05 0.02 0.01 0.03 0.01 0.00 0.01
Total Liabilities 2.55 2.66 1.92 1.39 0.98 0.45 0.54 0.48 0.49 0.50 0.51 0.51 0.51
0.43 0.42 0.42 0.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.12 2.24 1.50 0.98 0.98 0.45 0.54 0.48 0.49 0.50 0.51 0.51 0.51
Total Assets 2.55 2.66 1.92 1.39 0.98 0.45 0.54 0.48 0.49 0.50 0.51 0.51 0.51

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.01 0.01 0.00 0.01 -0.37 0.00 0.00 0.01 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -0.01 0.01 0.00 0.01 -0.02 0.00 0.00 0.01 0.00 0.00 0.00 0.00

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 186.22 414.32 1,055.89 0.00 57.87
Inventory Days 185.11 355.00 0.00 0.00 0.00
Days Payable 57.36 140.00
Cash Conversion Cycle 313.97 629.32 1,055.89 0.00 57.87
Working Capital Days 305.41 611.62 951.61 0.00 40.06
ROCE % 0.00% -0.85% -24.34% -61.13% -54.35% -73.39% 15.22% -31.58% -12.77% -10.53% -8.25% -5.94%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
11.30% 11.30% 11.30% 11.30% 11.30% 11.30% 11.30% 11.30% 11.30% 11.30% 11.30% 11.30%
88.70% 88.70% 88.70% 88.70% 88.69% 88.70% 88.70% 88.70% 88.70% 88.70% 88.70% 88.70%
No. of Shareholders 3,4333,4323,4323,4323,4333,4333,4333,4313,4313,4303,4303,432

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