Tayo Rolls Ltd Stock Analysis

BSE: 504961 | NSE: TATAYODOGA | Engineering - Industrial Equipments | Small Cap

BSE Share Price 09-Dec-2022 11:39
77.00 1.45 (1.92%)

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Tayo Rolls Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
77.5 Cr.
52-wk low :
65.3
52-wk high :
208.5
Bole Toh?

1. Is Tayo Rolls Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Tayo Rolls Ltd is a below average quality company.

2. Is Tayo Rolls Ltd undervalued or overvalued?

The key valuation ratios of Tayo Rolls Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Tayo Rolls Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tayo Rolls Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Tayo Rolls:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Tayo Rolls Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -11.5%-32.1%-28.6%-83.1%-507.2%119.2%52.6%18%7.3%6.9%-
Value Creation Index NANANANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 17715214212642.20.400000
YoY Gr. Rt. %--14.4%-6.7%-11%-66.5%-99.2%-100%NANANA-
Adj EPS -35.6-72.8-60.1-91.9-63.2-29.2-19.5-7.7-3.5-3.4-3.4
YoY Gr. Rt. %-NANANANANANANANANA-
BVPS (₹) -38.5-112.1-178.4-331.1-411.9-436.9-456.3-463.7-465.1-468.5-470.2
Adj Net Profit -36.6-74.7-61.7-94.3-64.8-30-20-7.9-3.5-3.5-3
Cash Flow from Ops. -9.4-29.5-24.8-13.8-14.9-21.3-4.6-0.1-1.70-
Debt/CF from Ops. -16.1-4.4-4.6-27.3-27.2-20-93.4-7758.2-250.9-25046.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%NANA
Adj EPS NANANANA
BVPS 0000
Share Price 1% 2.4% 41.4% -31%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -58.6-145.7-113.265.5176.94.41.70.70.70.7
Op. Profit Mgn % -0.9-10.2-22.2-30.8-93-5317.300000
Net Profit Mgn % -20.6-49.2-43.5-74.8-153.6-8602.400000
Debt to Equity 3.32.32.2-1.1-1-1-0.9-0.9-0.9-0.9-
Working Cap Days 18025330629348532,59400000
Cash Conv. Cycle 19831361221068,50300000

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.70%

Sales growth has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Tayo Rolls Ltd.

Standalone Consolidated
TTM EPS (₹) -3.4 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -470.2 -
Reserves (₹ Cr.) -493 -
P/BV -0.16 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 65.30 / 208.50
All Time Low / High (₹) 17.70 / 471.56
Market Cap (₹ Cr.) 77.5
Equity (₹ Cr.) 10.3
Face Value (₹) 10
Industry PE 22.3

Management X-Ray of Tayo Rolls :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Tayo Rolls

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Tayo Rolls Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tayo Rolls on 09-Dec-2022 11:39 is : 77.00.
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 09-Dec-2022 11:39 the market cap of Tayo Rolls stood at ₹ 77.52.
The latest PE ratio of Tayo Rolls as of 09-Dec-2022 11:39 is 0.00.
The latest PB ratio of Tayo Rolls as of 09-Dec-2022 11:39 is -0.16
The 52-week high of Tayo Rolls is ₹ 208.5 and the 52-week low is ₹ 65.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Tayo Rolls is ₹ 0.00 ( Cr.) .

About Tayo Rolls Ltd

Tayo Rolls Limited, a subsidiary of Tata Steel was promoted in 1968 in collaboration with Yodogawa Steel Works of Japan . To update with the developing technology, in 1992, Tayo forged an alliance with ESW of Austria for technical up-gradation.

Since inception, Tayo has been a market leader and has met the country's roll requirements for a wide variety of industries. Through continuous improvements both in process as well as products, Tayo has kept pace with the changing needs of the industry thus providing more value to its customers in terms of more rolling per roll. Tayo’s services to its customers are met through dedicated employees who have rich experience and are well trained in the application of hot as well as cold rolling applications.

The company has successfully diversified into production of special castings for use in power plants and has made significant presence in the industry. Tayo enjoys a wide customer base in India. It has also been exporting rolls to Australia, Austria, Bangladesh, Belgium, Canada, Egypt, Germany, Indonesia, Kazakhstan, Nepal, Norway, New Zealand, Oman, Quatar, Saudi Arabia, Sweden, Singapore , South Africa, Triniland, Talwan, UAE, Romania, Chez Republic and USA.

Tayo ensures that its products not only meet customer expectation but also with after sales service which are comparable to the best in the world.Tayo as a part of its backward integration had set up a mini Blast furnace of 40000 tpa for the manufacture of pig iron. Over the years its pig iron has captured a good share in the eastern India market.

Tayo embarks on setting up integrated facilities for the manufacture of forged rolls and engineering forgings. This would enable the company to become a total solution provider to the user industry for all category of rolls both cast and forged rolls.

Tayo has entered into a License and Know-how agreement with Sheffield Forgemasters International Ltd. of United Kingdom for transfer of technology for the manufacture of Forging quality Ingots, including Round Ingots, Forged Bars, Engineering Forgings and Forged Rolls.

Tayo Rolls limited is a signatory to 'Brand Equity and Business Promotion' (BEBP) Scheme of Tata Sons Limited. Company has also provided Senior Assessor for conducting assessment for CII EXIM BANK Award in 2003.

The company's Plant at Gamharia, 16KM West of Jamshedpur in India, is spread over an area of 50 acres.

Tayo Rolls limited is a signatory to 'Brand Equity and Business Promotion' (BEBP) Scheme of Tata Sons Limited. The Company has adopted Tata Business Excellence Module (TBEM) as a vehicle for excellence in business. The Company has undergone five cycles of Internal Assessment and four cycles of External Assessments conducted by Tata Quality Management Services ( TQMS ).

Product range of the company includes:

  • ROLLS- Tayo Rolls has the capability and the capacity to meet the most demanding mill requirements. Tayo rolls have been custom designed to roll flat as well as long products. Tayo Rolls is also catering to the Domestic Cold Rolling sector by importing Forged Heat treated rough turned blanks from Union Electric Steel, USA. These blanks are finished and ultrasonic tested at Tayo before final delivery to the customer.
  • Cast Rolls
  • Forged Rolls- Tayo has an agreement with Union Electric Steel Corporation (UES), USA, for sourcing the Forged Hardened Rough Turned Rolls and finish machining these Rolls in our plant at Jamshedpur. It can finish the Forged Rolls in a wide range of Sizes and Qualities to cater to the demand of both Ferrous and Non Ferrous Industries for Hot as well as Cold applications.
  • Special Castings- Tayo has established itself as a supplier of Grinding Rings and Balls to Thermal Power plants. Specially designed chemistry, Struct Process and Quality Control ensure that Tayo Rings and Balls are of International standard. TAYO manufactures Grinding Rings in TAYOHARD STANDARD, TAYOHARD SUPER and Balls in TAYOCHROME STEEL, which give superior performance. The present Product range covers:Grinding Rings and Balls for B & W coal mill models, E-64, E-70, EL-76, E-8.5, E-90, 10-E and 12-E with solid and hollow balls varying from 450 mm. to 734 mm. in diameter
  • Pig Iron- Apart of Rolls & Special Castings , Tayo Rolls Limited backward integrated its process to manufacture pig iron and is engaged in the business of selling of foundry grades pig iron. The company presently manufactures 7 different Pig Iron grades. TAYO Rolls commenced Commercial Production in 1st Feb 2005 with a capacity of 34,000 tpa.

Awards/Achievements

  • 2002: National Quality Award in the Secondary Steel Sector by Indian Institute of Metals. 
  • 2002: CII Eastern Region Productivity Award.
  • 2002-03: Indian Oil - Trophy award. Secured First Position in Fuel Conservation Contest, Conducted by CII(ER)
  • 2004: Golden Peacock Innovation Award. 
  • 2004: First Prize at National Quality Award-2004-IIM. 
  • 2005-06: Secured First Position in HRD, Conducted by CII(ER)
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