1. Is Tata Investment Corporation Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Tata Investment Corporation Ltd is a average quality company.
2. Is Tata Investment Corporation Ltd undervalued or overvalued?
The key valuation ratios of Tata Investment Corporation Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
3. Is Tata Investment Corporation Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Tata Investment Corporation Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
|Operating Income (₹ Cr.)||203||207||223||234||253||271||161||182||152||151||253|
|YoY Gr. Rt. %||-||2%||8%||4.6%||8.2%||7.3%||-40.7%||13.2%||-16.6%||-0.4%||-|
|Adj EPS (₹ )||29.3||30.3||32.4||33.9||36.8||36.7||23||29.2||23.5||21.5||39.8|
|YoY Gr. Rt. %||-||3.4%||6.9%||4.4%||8.6%||-0.1%||-37.4%||26.9%||-19.6%||-8.3%||-|
|BVPS (₹ )||348.7||359||374.9||390.1||405.8||443.7||1,485||1,545.6||1,576||2,788.8||3,860.6|
|YoY Gr. Rt. %||-||3%||4.4%||4.1%||4%||9.3%||234.7%||4.1%||2%||77%||-|
|To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ|
|Net Profit/Total Funds (%)||8.7||8||8.1||7.8||8.3||7.8||2||1.5||1.3||0.9||0|
CAGR ⓘCAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Net Interest Income||-3.2%||-9.7%||-2%||-0.4%|
Key Financial Ratios
|RATIOS \ YEARS||Mar'12||Mar'13||Mar'14||Mar'15||Mar'16||Mar'17||Mar'18||Mar'19||Mar'20||Mar'21||TTM|
|Asset Quality Ratio||To view Asset Quality Ratio Colour Rating Guide click here ⓘ|
|Net NPA to Net Advances (%)||0||0||0||0||0||0||0||0||0||0||-|
|Capitalization Ratio||To view Capitalization Ratio Colour Rating Guide click here ⓘ|
|Capital Adequacy Ratio (%)||101.2||102.1||0||0||0||0||0||0||0||0||-|
|Net Profit Margin (%)||79.7||80.8||80||79.8||80.2||74.6||78.7||81.1||78.1||71.9||79.5|
|Performance Ratios||To view Performance Ratios Colour Rating Guide click here ⓘ|
|Return on Equity (%)||9.1||8.6||8.8||8.9||9.2||8.7||2.4||1.9||1.5||1||1|
Total income growth is good in last 4 quarters
Return on Equity has declined versus last 3 years average to 1.20%
Total Income has declined 152.65 CAGR in last 3 years
Net Profit has declined -2.19 CAGR in last 3 years
|TTM EPS (₹)||39.8||42.3|
|TTM Sales (₹ Cr.)||253||254|
|BVPS (₹.) ⓘ||3,860.6||3,888.9|
|Reserves (₹ Cr.) ⓘ||19,482||19,625|
|From the Market|
|52 Week Low / High (₹)||1048.60 / 1734.00|
|All Time Low / High (₹)||33.33 / 1734.00|
|Market Cap (₹ Cr.)||7,441|
|Equity (₹ Cr.)||50.6|
|Face Value (₹)||10|
|Industry PE ⓘ||29.6|
Tata Investment Corporation (TICL), incorporated in 1937, is non-banking financial company. Formerly known as Investment Corporation of India, the company was established with an objective of providing assistance in promotion of new companies and new entrepreneurs.
This investment company is promoted by Tata Sons. The company got listed on Bombay Stock Exchange (BSE) in the year 1958.
TCIL is involved in business of investing in shares, debentures, and other securities in India and aboard for long-term purposes. Headquartered at Mumbai, it acts as a catalyst in advancing long-term investment in India.
In the period between 1960-70 the company gradually progressed from assisting in the establishment of new ventures to acting as an investment company with a diversified portfolio of equity investments.
Tata Investment Corporation is member of OTC Exchange of India (OTCEI). Being member of this exchange, the company can act as a trader, market maker, underwriter and sponsor. It acted as a sponsor for eight companies and invested an aggregate Rs 16.70 crore in the form of equity capital in these companies.
The company has made investments in registered and unregistered entities such as Tata Auto Components (TACO) and Tata Sons. In April 1997, Tata Investment's subsidiary Investa was amalgamated with the company. Much later in April 1998 due to decline of the OTC market, the company ceased its activities as a market maker. The company is still a member of the exchange.
On April 1, 1999 an unlisted company Varuna Investments was also amalgamated with the company. TICL has collaborated with Tata Sons to promote Tata Mutual Fund.
In 2004-05 TICL acquired a 49.9% stake held by Waterhouse Group in Tata TD Waterhouse Securities. Later the name was changed to Tata Securities. The remaining 50.1% is already held by two other Tata companies.
The company has received 'FAAA' rating from CRISIL reflecting maximum security in payment of interests and principal amounts.
Tata Group (Parent Company)
Tata Group founded by Jamsetji Tata in the 1868, today revenue-wise it is $62.5 billion enterprise. The group owns major companies such as Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Tea, Indian Hotels and Tata Communications. The group's 27 publicly listed enterprises have a combined market capitalisation of around $60 billion and a shareholder base of 3.2 million.
Tata Investment Corporation has recently increased its stake in Tata Elxsi to 2.04% holding 6.34 lakh shares. The company will continue investing is various companies in future.