Tamil Nadu Petro Products Ltd
Incorporated in 1984, Tamilnadu Petroproducts Ltd manufactures and sells petrochemical products[1]
- Market Cap ₹ 871 Cr.
- Current Price ₹ 97.0
- High / Low ₹ 114 / 75.6
- Stock P/E 16.4
- Book Value ₹ 88.0
- Dividend Yield 1.55 %
- ROCE 9.45 %
- ROE 6.83 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.10 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%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,281 | 1,052 | 950 | 701 | 889 | 1,049 | 1,245 | 1,225 | 1,145 | 1,806 | 2,150 | 1,669 | |
1,287 | 1,056 | 979 | 690 | 821 | 956 | 1,153 | 1,132 | 975 | 1,557 | 2,022 | 1,596 | |
Operating Profit | -6 | -4 | -29 | 11 | 68 | 93 | 92 | 93 | 170 | 248 | 128 | 73 |
OPM % | -0% | -0% | -3% | 2% | 8% | 9% | 7% | 8% | 15% | 14% | 6% | 4% |
4 | 11 | -2 | 60 | 24 | 13 | 6 | 8 | 30 | 13 | 19 | 14 | |
Interest | 32 | 32 | 20 | 15 | 34 | 7 | 7 | 9 | 7 | 6 | 7 | 7 |
Depreciation | 39 | 30 | 21 | 18 | 16 | 22 | 20 | 22 | 23 | 24 | 21 | 23 |
Profit before tax | -73 | -56 | -71 | 38 | 42 | 77 | 72 | 71 | 170 | 232 | 119 | 57 |
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 | |
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 |
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: | -22% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 0% |
3 Years: | -21% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 23% |
3 Years: | -7% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 7% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 |
Reserves | 256 | 218 | 151 | 189 | 219 | 269 | 319 | 361 | 469 | 617 | 678 | 702 |
197 | 159 | 102 | 67 | 45 | 36 | 40 | 37 | 51 | 56 | 76 | 18 | |
256 | 215 | 218 | 116 | 166 | 193 | 164 | 156 | 152 | 176 | 205 | 213 | |
Total Liabilities | 798 | 682 | 560 | 462 | 519 | 589 | 613 | 643 | 761 | 940 | 1,049 | 1,023 |
313 | 288 | 247 | 218 | 216 | 193 | 230 | 292 | 281 | 267 | 252 | 304 | |
CWIP | 15 | 14 | 18 | 15 | 15 | 37 | 20 | 3 | 1 | 27 | 103 | 49 |
Investments | 92 | 92 | 79 | 77 | 97 | 100 | 98 | 98 | 98 | 98 | 103 | 111 |
377 | 288 | 217 | 152 | 191 | 259 | 264 | 250 | 381 | 548 | 591 | 558 | |
Total Assets | 798 | 682 | 560 | 462 | 519 | 589 | 613 | 643 | 761 | 940 | 1,049 | 1,023 |
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% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Jun
- Closure of Trading Window 27 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Jun
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
27 Jun - Of Dematerialisation of shares for the period from 01-06-2024 to 15-06-2024 under Regulation 74(5) of SEBI (DP) Regulations, 2018
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
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Financial Year 2011
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Financial Year 2010
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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.