Tamil Nadu Petro Products Ltd

T N Petro Prod. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Tamil Nadu Petro Products Ltd

₹ 80.5 -1.15%
20 Dec - close price
tnpetro.com BSE: 500777 NSE: TNPETRO
About

Incorporated in 1984, Tamilnadu Petroproducts Ltd manufactures and sells petrochemical products[1]

Key Points

Business Overview:[1][2]
TPL, part of the AM International group, was established as a joint venture between SPIC Ltd and Tamil Nadu Industrial Development Corporation. It manufactures petroproducts such as LAB, HCD, and PO. TPL secures firm off-take agreements with major FMCG companies under annual contracts, with prices adjusted monthly based on international raw material prices.

Website BSE NSE
  • Market Cap ₹ 724 Cr.
  • Current Price ₹ 80.5
  • High / Low ₹ 114 / 75.5
  • Stock P/E 19.4
  • Book Value ₹ 88.7
  • Dividend Yield 1.49 %
  • ROCE 8.88 %
  • ROE 6.38 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.91 times its book value
  • Company has been maintaining a healthy dividend payout of 18.7%
  • Company's working capital requirements have reduced from 32.9 days to 25.2 days

Cons

  • The company has delivered a poor sales growth of 6.03% over past five years.
  • Promoter holding is low: 34.5%
  • Earnings include an other income of Rs.19.9 Cr.

* 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.

Peer comparison

Sector: Petrochemicals Industry: Petrochemicals

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
459.72 449.06 435.07 556.02 603.96 510.56 479.75 451.10 433.89 345.88 437.70 462.02 449.68
395.28 382.07 396.91 516.97 561.52 477.35 466.41 430.71 413.63 325.83 425.87 450.12 442.17
Operating Profit 64.44 66.99 38.16 39.05 42.44 33.21 13.34 20.39 20.26 20.05 11.83 11.90 7.51
OPM % 14.02% 14.92% 8.77% 7.02% 7.03% 6.50% 2.78% 4.52% 4.67% 5.80% 2.70% 2.58% 1.67%
3.71 3.13 3.31 4.96 3.69 3.38 7.18 5.40 7.46 -8.37 9.78 14.12 4.36
Interest 1.11 1.65 1.87 1.46 1.83 1.67 1.84 1.94 1.45 1.81 1.98 1.24 1.54
Depreciation 5.97 5.90 5.81 5.11 5.23 5.21 5.75 5.12 4.77 6.28 6.46 6.28 6.35
Profit before tax 61.07 62.57 33.79 37.44 39.07 29.71 12.93 18.73 21.50 3.59 13.17 18.50 3.98
Tax % 25.99% 24.96% 29.42% 26.42% 31.87% 15.08% 23.36% 27.44% 26.56% 32.03% 16.78% 27.73% 28.89%
45.20 46.95 23.85 27.55 26.62 25.23 9.91 13.59 15.79 2.44 10.96 13.37 2.83
EPS in Rs 5.02 5.22 2.65 3.06 2.96 2.80 1.10 1.51 1.76 0.27 1.22 1.49 0.31
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
1,281 1,052 950 701 889 1,049 1,245 1,225 1,145 1,806 2,150 1,669 1,695
1,287 1,056 979 690 821 956 1,153 1,132 975 1,557 2,022 1,596 1,644
Operating Profit -6 -4 -29 11 68 93 92 93 170 248 128 73 51
OPM % -0% -0% -3% 2% 8% 9% 7% 8% 15% 14% 6% 4% 3%
4 11 -2 60 24 13 6 8 30 13 19 14 20
Interest 32 32 20 15 34 7 7 9 7 6 7 7 7
Depreciation 39 30 21 18 16 22 20 22 23 24 21 23 25
Profit before tax -73 -56 -71 38 42 77 72 71 170 232 119 57 39
Tax % -30% -33% -26% 0% 78% 33% 24% 22% 28% 26% 25% 25%
-51 -37 -53 38 9 52 54 55 122 171 89 43 30
EPS in Rs -5.62 -4.15 -5.90 4.24 1.03 5.75 6.03 6.12 13.52 18.97 9.93 4.75 3.29
Dividend Payout % 0% 0% 0% 0% 0% 9% 17% 24% 18% 16% 15% 25%
Compounded Sales Growth
10 Years: 5%
5 Years: 6%
3 Years: 13%
TTM: -10%
Compounded Profit Growth
10 Years: 13%
5 Years: -2%
3 Years: -23%
TTM: -42%
Stock Price CAGR
10 Years: 22%
5 Years: 19%
3 Years: -8%
1 Year: -21%
Return on Equity
10 Years: 11%
5 Years: 15%
3 Years: 14%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 90 90 90 90 90 90 90 90 90 90 90 90 90
Reserves 256 218 151 189 219 269 319 361 469 617 673 702 708
197 159 102 67 45 36 40 37 51 56 76 18 58
256 215 218 116 166 193 164 156 152 176 205 213 243
Total Liabilities 798 682 560 462 519 589 613 643 761 940 1,044 1,023 1,098
313 288 247 218 216 193 230 292 281 267 247 304 294
CWIP 15 14 18 15 15 37 20 3 1 27 103 49 147
Investments 92 92 79 77 97 100 98 98 98 98 103 111 111
377 288 217 152 191 259 264 250 381 548 591 558 547
Total Assets 798 682 560 462 519 589 613 643 761 940 1,044 1,023 1,098

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-41 49 35 31 49 82 72 80 96 108 76 151
38 11 43 18 -20 -70 -64 -57 -92 -86 -64 -68
-6 -71 -76 -50 -29 -12 -8 -23 -4 -22 -12 -78
Net Cash Flow -9 -10 2 -1 -0 -0 -1 -0 0 -0 0 5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 31 27 25 16 28 23 21 15 26 23 24 21
Inventory Days 104 83 46 52 50 68 42 44 60 61 49 46
Days Payable 89 73 77 63 70 64 35 29 31 27 27 38
Cash Conversion Cycle 46 37 -6 5 8 27 28 29 55 57 46 29
Working Capital Days 36 15 -17 -1 22 14 16 12 28 37 37 25
ROCE % -7% -4% -9% -1% 16% 21% 19% 17% 29% 35% 15% 9%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54%
9.00% 9.61% 9.75% 10.16% 10.17% 8.02% 7.94% 7.74% 7.10% 6.14% 6.18% 5.85%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
56.43% 55.82% 55.68% 55.25% 55.24% 57.40% 57.46% 57.69% 58.33% 59.27% 59.24% 59.58%
No. of Shareholders 1,12,2791,12,1071,14,3311,30,7971,33,8111,32,3991,31,1211,32,2891,30,9281,29,3451,29,5111,37,342

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings