1. Is Tide Water Oil Company (India) Ltd 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.
2. Is Tide Water Oil Company (India) Ltd 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 Fair zone.
3. Is Tide Water Oil Company (India) Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tide Water Oil Company (India) Ltd is likely to Fall 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.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||21.4%||19.6%||19.7%||14.8%||18.1%||17%||15.3%||15.5%||17.5%||18.6%||-|
|Value Creation Index ⓘ||0.5||0.4||0.4||0.1||0.3||0.2||0.1||0.1||0.3||0.3||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||8.2%||6%||4.1%||-2.2%||2.8%||11.8%||11.1%||-5.5%||-6.7%||-|
|Adj EPS ⓘ||34.6||37.2||42||39.3||57.9||60.9||57.2||57.6||65.5||72.8||61.2|
|YoY Gr. Rt. %||-||7.5%||12.8%||-6.4%||47.3%||5.2%||-6.1%||0.6%||13.9%||11.1%||-|
|BVPS (₹) ⓘ||176.2||198.4||226.6||304||345.1||369.7||385.9||380.5||395.8||414.2||385.6|
|Adj Net Profit ⓘ||60.4||63.3||71.4||66.8||101||104||97.4||100||114||127||106|
|Cash Flow from Ops. ⓘ||85.6||31.6||33.2||93.4||139||41.2||102||82.2||121||48.2||-|
|Debt/CF from Ops. ⓘ||0||0||0||0||0||0||0||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||8.6%||4.7%||8.4%||11.1%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||21.2||19.6||19.7||14.8||18.1||16.9||15.2||15.4||17.3||18.4||15.3|
|Op. Profit Mgn % ⓘ||10.9||10.8||11.3||9.3||15.2||13.8||11.7||10.9||11.8||13.2||8.2|
|Net Profit Mgn % ⓘ||7.5||7.3||7.8||7||10.8||10.8||9.1||8.4||10.1||12.1||8.5|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||0|
|Working Cap Days ⓘ||110||105||123||119||115||127||202||252||275||296||142|
|Cash Conv. Cycle ⓘ||41||41||62||62||46||39||39||34||35||45||97|
Sales growth is good in last 4 quarters at 20.14%
Return on Equity has declined versus last 3 years average to 15.30%
Sales growth has been subdued in last 3 years -0.72%
Net Profit has been subdued in last 3 years 8.39%
|TTM EPS (₹)||61.2||70.5|
|TTM Sales (₹ Cr.)||1,248||1,536|
|BVPS (₹.) ⓘ||385.6||413.2|
|Reserves (₹ Cr.) ⓘ||668||716|
|From the Market|
|52 Week Low / High (₹)||975.00 / 3693.75|
|All Time Low / High (₹)||42.75 / 3693.75|
|Market Cap (₹ Cr.)||1,820|
|Equity (₹ Cr.)||3.5|
|Face Value (₹)||2|
|Industry PE ⓘ||11.5|
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: