Is Tide Water Oil Company (India) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tide Water Oil Company (India) Ltd is a good quality company .

Is Tide Water Oil Company (India) undervalued or overvalued?

The key valuation ratios of Tide Water Oil Company (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Tide Water Oil Company (India) share price return in the past 10 years?

Tide Water Oil Company (India) Ltd share price has appreciated 14.6% annually (CAGR) over the past ten years.

Is Tide Water Oil Company (India) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Tide Water Oil Company (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Tide Water Oil Company (India)?

The latest standalone P/E ratio of Tide Water Oil Company (India) as of 19-Apr-2024 is 28.69.

What is the P/B ratio of Tide Water Oil Company (India)?

The latest standalone P/B ratio of Tide Water Oil Company (India) as of 19-Apr-2024 is 3.77.

What is the 52-week high and low of Tide Water Oil Company (India)?

The 52-week high of Tide Water Oil Company (India) is Rs. 1831.00 and the 52-week low is Rs. 834.00.

Tide Water Oil Company (India) Ltd - Stock Valuation and Financial Performance

Name: Tide Water Oil Company (India)
Brand: Tide Water Oil Company (India)

BSE: 590005 | NSE: TIDEWATER | Lubricants | Small Cap

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Tide Water Oil Co(I) Share Price

₹1,591.70 3.05 0.19%
as on 19-Apr'24 16:01

10 Year X-Ray of Tide Water Oil Co(I):

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	19.7%	14.8%	18.1%	17%	15.3%	15.5%	17.5%	18.6%	16.6%	12.7%	-
Value Creation Index ⓘ	0.4	0.1	0.3	0.2	0.1	0.1	0.3	0.3	0.2	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	918	956	935	962	1,074	1,193	1,127	1,051	1,248	1,492	1,556
Sales YoY Gr.	-	4.1%	-2.2%	2.8%	11.8%	11.1%	-5.5%	-6.7%	18.7%	19.6%	-
Adj EPS ⓘ	42	39.3	57.9	60.9	57.2	57.6	65.5	72.8	65	49.3	55.3
YoY Gr.	-	-6.4%	47.3%	5.2%	-6.1%	0.6%	13.9%	11.1%	-10.8%	-24.2%	-
BVPS (₹) ⓘ	226.6	304	345.1	369.7	385.9	380.5	395.8	414.2	395.2	402.5	420.2
Adj Net Profit ⓘ	71.4	66.8	101	104	97.4	100	114	127	113	85.8	96
Cash Flow from Ops. ⓘ	33.2	93.4	139	41.2	102	82.2	121	48.2	79.9	54.2	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.5%	6.8%	9.8%	19.6%
Adj EPS ⓘ	1.8%	-2.9%	-9.1%	-24.2%
BVPSⓘ	6.6%	0.9%	0.6%	1.9%
Share Price	14.6%	9.6%	22.5%	87.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	19.7	14.8	18.1	16.9	15.2	15.4	17.3	18.4	16.5	12.7	13.4
Op. Profit Mgn % ⓘ	11.3	9.3	15.2	13.8	11.7	10.9	11.8	13.2	9	5.6	5.3
Net Profit Mgn % ⓘ	7.8	7	10.8	10.8	9.1	8.4	10.1	12.1	9.1	5.8	6.2
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	123	119	115	127	202	252	275	280	246	215	70
Cash Conv. Cycle ⓘ	62	62	46	39	39	34	35	39	50	50	47

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 13.40%

Sales growth has been subdued in last 3 years 9.80%

Net Profit has been subdued in last 3 years -9.07%

Sales growth is not so good in last 4 quarters at 6.38%

Latest Financials - Tide Water Oil Company (India) Ltd.

	Standalone	Consolidated
TTM EPS (₹)	55.3	77.1
TTM Sales (₹ Cr.)	1,556	1,914
BVPS (₹.) ⓘ	420.2	478.2
Reserves (₹ Cr.) ⓘ	729	830
P/BV ⓘ	3.77	3.32
PE ⓘ	28.69	20.56

From the Market
52 Week Low / High (₹)	834.00 / 1831.00
All Time Low / High (₹)	42.75 / 3693.75
Market Cap (₹ Cr.)	2,763
Equity (₹ Cr.)	3.5
Face Value (₹)	2
Industry PE ⓘ	20.7

Management X-Ray of Tide Water Oil Co(I):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

54.17

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Tide Water Oil Co(I)

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Tide Water Oil Co(I)

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	918	956	935	962	1,074	1,193	1,127	1,051	1,248	1,492
Operating Expenses ⓘ	816	868	794	830	949	1,072	1,007	926	1,145	1,411
Manufacturing Costs	71	90	100	78	47	50	48	51	54	60
Material Costs	601	617	514	526	609	692	597	562	779	998
Employee Cost	42	46	49	55	70	73	80	82	86	93
Other Costs ⓘ	101	116	131	171	224	257	282	230	226	260
Operating Profit ⓘ	103	87	141	131	125	121	121	126	103	81
Operating Profit Margin (%)	11.2%	9.1%	15.1%	13.6%	11.7%	10.2%	10.7%	12.0%	8.2%	5.5%
Other Income ⓘ	13	13	24	29	30	35	33	42	46	36
Interest ⓘ	0	0	0	1	1	1	1	2	1	1
Depreciation ⓘ	9	7	7	7	8	8	9	10	11	10
Exceptional Items ⓘ	-3	150	-24	0	0	0	0	0	0	0
Profit Before Tax ⓘ	104	243	133	151	147	147	143	156	136	106
Tax ⓘ	35	72	50	48	50	50	37	38	30	21
Profit After Tax	68	171	83	103	97	97	106	117	107	85
PAT Margin (%)	7.4%	17.9%	8.9%	10.7%	9.0%	8.1%	9.4%	11.2%	8.5%	5.7%
Adjusted EPS (₹)	40.2	100.7	47.8	60.6	57.0	56.9	62.2	69.1	62.7	49.9
Dividend Payout Ratio (%)	25%	17%	52%	50%	61%	83%	80%	87%	88%	84%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	387	517	601	629	656	647	673	704	672	684
Share Capital ⓘ	1	1	2	2	2	2	2	2	3	3
Reserves ⓘ	386	516	599	627	654	645	671	702	668	681
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	4
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	4
Trade Payables	110	89	121	134	147	143	127	155	150	155
Others Liabilities ⓘ	80	103	88	126	490	538	584	512	547	571
Total Liabilities ⓘ	577	709	809	888	1,293	1,328	1,384	1,371	1,369	1,414
Fixed Assets
Gross Block	108	137	149	111	125	140	158	167	171	173
Accumulated Depreciation	39	46	52	14	22	29	38	48	58	65
Net Fixed Assetsⓘ	69	90	97	97	103	110	120	118	113	108
CWIP ⓘ	1	0	2	0	3	1	2	1	1	2
Investmentsⓘ	57	121	115	212	215	215	217	215	215	215
Inventories	198	152	156	186	167	167	180	263	252	270
Trade Receivables	149	149	146	154	138	148	104	109	138	148
Cash Equivalents	62	159	243	146	170	153	196	179	143	147
Others Assetsⓘ	42	37	51	93	496	532	566	485	507	524
Total Assets ⓘ	577	709	809	888	1,293	1,328	1,384	1,371	1,369	1,414

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	33	93	139	41	102	82	121	48	80	54
PBT ⓘ	104	243	133	151	147	147	143	156	136	106
Adjustment ⓘ	-7	-1	-12	-17	-13	-10	-7	-14	-19	-21
Changes in Working Capital ⓘ	-31	35	45	-34	22	-2	21	-66	-11	-11
Tax Paid ⓘ	-36	-34	-52	-59	-53	-53	-37	-27	-27	-21
Cash Flow From Investing Activity ⓘ	-3	36	-7	16	-86	-6	-43	44	47	31
Capex	-7	10	-15	-7	-17	-14	-17	-6	-6	-7
Net Investments	0	0	0	0	-84	-6	-41	26	24	7
Others ⓘ	3	26	8	23	15	14	15	24	29	31
Cash Flow From Financing Activityⓘ	-16	-32	-48	-56	-71	-105	-76	-84	-138	-68
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-1	-1	-1	0	0	0	0	0	0	0
Dividend Paid ⓘ	-15	-31	-48	-58	-61	-91	-64	-84	-139	-73
Others ⓘ	0	0	1	1	-10	-14	-12	0	1	6
Net Cash Flow ⓘ	14	97	83	1	-55	-29	1	9	-12	18

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	18.92	37.95	14.89	16.75	15.09	14.85	16.02	17.06	15.49	12.52
ROCE (%)	28.73	53.97	23.85	24.82	23.03	22.76	21.84	22.89	20.02	15.77
Asset Turnover Ratio	1.98	1.73	1.45	1.33	1.02	0.91	0.83	0.81	0.95	1.12
PAT to CFO Conversion(x)	0.49	0.54	1.67	0.4	1.05	0.85	1.14	0.41	0.75	0.64
Working Capital Days
Receivable Days	47	49	49	48	48	44	41	35	35	34
Inventory Days	61	57	51	55	58	51	56	73	72	61
Payable Days	63	59	75	88	84	77	83	92	71	56

Tide Water Oil Company (India) Ltd Stock News

Tide Water Oil Company (India) Ltd FAQs

What is the share price of Tide Water Oil Co(I)?

Company share prices are keep on changing according to the market conditions. The closing price of Tide Water Oil Co(I) on 19-Apr-2024 16:01 is ₹1,591.7.

What is the market cap of Tide Water Oil Co(I)?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Apr-2024 16:01 the market cap of Tide Water Oil Co(I) stood at ₹2,762.8.

What is the P/E ratio of Tide Water Oil Co(I)?

The latest P/E ratio of Tide Water Oil Co(I) as of 19-Apr-2024 16:01 is 28.69.

What is the P/B ratio of Tide Water Oil Co(I)?

The latest P/B ratio of Tide Water Oil Co(I) as of 19-Apr-2024 16:01 is 3.77.

What is the 52-week high and low of Tide Water Oil Co(I)?

The 52-week high of Tide Water Oil Co(I) is ₹1,831 and the 52-week low is ₹834.0.

What is the TTM revenue of Tide Water Oil Co(I)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tide Water Oil Co(I) is ₹1,556 ( Cr.) .

About Tide Water Oil Company (India) Ltd

Tide Water Oil Company, incorporated in 1928, is a part of the multi divisional Andrew Yule group that has diverse interests in Engineering, Electrical, Tea Cultivation, Power Generation, Digital Communication Systems and Lubricants.

Tide Water has been a pioneer of Automotive and Industrial lubricants in India since 1928 and has five plants at Howrah, Oragadam, Turbhe, Silvassa and Faridabad.

Its repertoire of automotive products includes engine oils for trucks, tractors, commercial vehicles, passenger cars and two/three wheelers. It also produces gear oils, transmission oils, coolants and greases for automobiles. For industrial application it manufactures industrial oils, greases and speciality products like metal working fluids, quenching oils and heat transfer oils. Tide Water has tie-ups for manufacture of genuine oils with a number of renowned OEMs in the automotive and industrial equipment segment.

Quality has been key area focus and the company has continued to innovate with high performance products keeping pace with advancements in technology and market needs. It reaches out to its customers through its pan India distribution network with the popular Veedol range of products, widely accepted for their quality and excellence.

The company also has technical collaboration with Nippon Oil Corporation, the No.1 petroleum conglomerate in Japan. Superior quality lubricants under the brand name Eneos are manufactured and marketed in India by Tide Water Oil.Tide Water Oil has a wide range of attractive promotional schemes for its distribution network across the country. It also offers a number of value added support services including training for its distributorsâ€™ sales force.

Tide Water Oil Company (India) Ltd has entered into a commercial agreement with IFT to market and sell IFT`s DiesoLIFTTM 10 in India. Tidewater is a leading manufacturer and marketer of automotive and industrial lubricants in India. Tidewater has five manufacturing facilities in India and a Pan Indian distribution network.

Tidewater sees a primary market for Dieso LIFTTM 10 with power generation set users, tractor operators in the agricultural industry and retail distribution outlets in India.

Product range of the company includes:

VEEDOL
Automotive Oils-Diesel Engine Oils, Premium Diesel Engine Oils, PCMO & 2 Wheeler oils, Dedicated Engine oils, Gear & Transmission oils, Agri Engine Oils, Coolant, Brake Fluid, ETC.
Industrial Oils-General Purpose Machinery Oils, Spindle Oils, Turbine Oils, Hydraulic & Circulation Oils, Steam Cylinder Oils, Industrial Gear oils, Mill Rolls Oil, Non Drip oils, Cutting oils, etc
Industrial Grease-Calcium Base Grease, Lithium base grease, High Temperature grease, Cardium Compound Grease, Graphite grease, etc.
Automotive Grease-Lithium Base Grease, Sodium Base Grease, Calcium base grease
Genuine oils-Diesel engine oils, petrol engine oils