TPL Plastech Ltd

TPL Plastech Ltd

₹ 98.8 4.68%
22 Jul - close price
About

Incorporated in 1992, TPL Plastech
Ltd manufactures and sells Polymer
Products[1]

Key Points

Business Overview:[1]
TPLPL is a part of Time Technoplast Ltd, which holds 75% stake in the company. It manufactures HDPE drum containers with container capacity of 20-250 litre, primarily used in bulk packaging of speciality chemicals, paints and inks, pharmaceutical products, and fast-moving consumer goods. Company also manufactures small packaging products with container capacity of 30ml to 10 litre

  • Market Cap 772 Cr.
  • Current Price 98.8
  • High / Low 108 / 38.6
  • Stock P/E 38.9
  • Book Value 16.7
  • Dividend Yield 0.61 %
  • ROCE 19.3 %
  • ROE 16.2 %
  • Face Value 2.00

Pros

  • Company has reduced debt.

Cons

* 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: Packaging Industry: Packaging

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Mar 2023 Dec 2023 Mar 2024
56.18 65.81 53.61 55.20 56.87 50.45 25.21 43.34 48.08 53.86 72.09 82.66 82.73
50.16 57.37 46.48 49.54 50.47 45.43 22.49 38.47 42.25 47.08 64.42 72.73 72.98
Operating Profit 6.02 8.44 7.13 5.66 6.40 5.02 2.72 4.87 5.83 6.78 7.67 9.93 9.75
OPM % 10.72% 12.82% 13.30% 10.25% 11.25% 9.95% 10.79% 11.24% 12.13% 12.59% 10.64% 12.01% 11.79%
0.13 0.00 0.01 0.14 0.01 0.02 0.02 0.02 0.02 0.02 0.02 0.00 0.47
Interest 1.68 1.61 1.56 1.46 1.41 1.40 1.38 1.46 1.33 1.27 1.23 1.41 1.32
Depreciation 0.99 0.97 0.93 0.90 0.92 0.93 0.95 0.91 0.93 0.94 1.34 1.36 1.20
Profit before tax 3.48 5.86 4.65 3.44 4.08 2.71 0.41 2.52 3.59 4.59 5.12 7.16 7.70
Tax % 30.17% 22.18% 27.31% 29.65% 29.41% 23.25% 29.27% 28.57% 28.13% 27.67% 25.59% 17.88% 21.17%
2.44 4.57 3.38 2.42 2.88 2.08 0.30 1.80 2.58 3.33 3.81 5.88 6.07
EPS in Rs 0.31 0.59 0.43 0.31 0.37 0.27 0.04 0.23 0.33 0.43 0.49 0.75 0.78
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2023 Mar 2024
180 193 226 216 170 271 313
158 168 200 192 150 241 277
Operating Profit 22 24 26 24 20 30 36
OPM % 12% 13% 11% 11% 12% 11% 12%
0 0 0 1 1 1 0
Interest 4 5 6 6 6 5 5
Depreciation 3 3 4 4 4 5 6
Profit before tax 15 16 16 15 11 20 25
Tax % 23% 26% 28% 28% 28% 22% 22%
11 12 11 11 8 16 20
EPS in Rs 1.45 1.56 1.47 1.38 1.03 2.06 2.54
Dividend Payout % 21% 22% 24% 25% 34% 0% 31%
Compounded Sales Growth
10 Years: %
5 Years: 7%
3 Years: 22%
TTM: 16%
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: 35%
TTM: 24%
Stock Price CAGR
10 Years: 19%
5 Years: 54%
3 Years: 55%
1 Year: 131%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2023 Mar 2024
Equity Capital 8 8 8 8 8 16 16
Reserves 54 63 71 79 84 100 115
37 56 58 39 29 44 31
50 69 70 75 70 65 71
Total Liabilities 148 196 208 200 190 224 232
51 71 67 66 58 56 84
CWIP 6 4 7 7 7 24 1
Investments 0 0 0 0 0 0 0
91 121 133 127 124 144 147
Total Assets 148 196 208 200 190 224 232

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2023 Mar 2024
3 10 10 32 21 -2 29
-10 -21 -3 -2 -4 -10 -6
6 12 -7 -28 -19 12 -24
Net Cash Flow -0 1 -0 1 -2 -0 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2023 Mar 2024
Debtor Days 88 91 86 78 93 73 64
Inventory Days 79 131 122 124 150 101 103
Days Payable 101 140 115 133 157 85 83
Cash Conversion Cycle 66 82 93 69 86 89 83
Working Capital Days 87 93 94 83 110 109 89
ROCE % 19% 17% 16% 14% 19%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
75.00% 74.86% 74.86% 74.86% 74.86% 74.86% 74.86% 74.86% 74.86% 74.86% 74.86% 74.86%
0.00% 0.03% 0.00% 0.00% 0.01% 0.00% 0.00% 0.05% 0.00% 0.00% 0.01% 0.12%
0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08%
24.92% 25.03% 25.06% 25.06% 25.06% 25.06% 25.05% 25.01% 25.07% 25.06% 25.04% 24.94%
No. of Shareholders 10,0499,3299,3629,4819,34111,44911,43112,80512,07313,80018,50421,935

* 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.

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