Tanfac Industries Ltd - Stock Valuation and Financial Performance

BSE: 506854 | NSE: TANFACIND | Chemicals | Small Cap

Tanfac Industries Share Price

1,967.35 -53.95 -2.67%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Tanfac Industries

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Tanfac Industries stock performance -

mw4me loader
P/E Ratio (SA):
32.40
Market Cap:
2,016.3 Cr.
52-wk low:
910
52-wk high:
2,778.7

Is Tanfac Industries Ltd an attractive stock to invest in?

1. Is Tanfac Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tanfac Industries Ltd is a good quality company.

2. Is Tanfac Industries Ltd undervalued or overvalued?

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

3. Is Tanfac Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tanfac Industries 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 Tanfac Industries:

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.
Tanfac Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 4.9%1.9%8.7%13.6%25.6%66.9%29.9%24.3%49.6%33.4%-
Value Creation
Index
-0.7NA-0.40.00.83.81.10.72.51.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 117120133126162222165148320375391
Sales YoY Gr.-2.3%11.2%-5.2%28.1%37%-25.7%-10.3%116.5%17.1%-
Adj EPS -3.1-5.40.339.936.217.617.452.551.762.4
YoY Gr.-NANA978.6%227.5%266%-51.4%-1.4%202.4%-1.5%-
BVPS (₹) 5.4-0.40.13.312.748.265.483.4134184.7218.3
Adj Net
Profit
-3.1-5.40.339.936.117.617.352.451.662
Cash Flow from Ops. 199.216.115.917.436.921.837.243.942.9-
Debt/CF from Ops. 3.773.53.42.50.30000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.8%18.3%31.5%17.1%
Adj EPS NA39.2%43.2%-1.5%
BVPS48%70.9%41.4%37.8%
Share Price 73.7% 54.8% 102.5% 111.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-44.9-107.75.872.6124.2119.13123.348.332.431
Op. Profit
Mgn %
9.66.66.611.513.123.816.822.523.820.320.5
Net Profit
Mgn %
-2.7-4.50.22.46.116.310.711.716.413.815.9
Debt to
Equity
12.813.811.116.63.40.30000-
Working Cap
Days
1251211039686961321338310592
Cash Conv.
Cycle
5950393233304936163465

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 31.52%

Net Profit is growing at healthy rate in last 3 years 43.23%

Sales growth is good in last 4 quarters at 23.43%

Return on Equity has declined versus last 3 years average to 31.00%

Latest Financials - Tanfac Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 62.4 -
TTM Sales (₹ Cr.) 391 -
BVPS (₹.) 218.3 -
Reserves (₹ Cr.) 208 -
P/BV 9.26 -
PE 32.40 -
From the Market
52 Week Low / High (₹) 910.00 / 2778.70
All Time Low / High (₹) 6.32 / 2778.70
Market Cap (₹ Cr.) 2,016
Equity (₹ Cr.) 10
Face Value (₹) 10
Industry PE 47

Management X-Ray of Tanfac Industries:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Tanfac Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales117120133126162222165148320375
Operating Expenses 106112125112141169138115244299
Manufacturing Costs31303433374332284948
Material Costs62697660821048367167218
Employee Cost 1091111111212111316
Other Costs 444810111171417
Operating Profit 118914215327337676
Operating Profit Margin (%) 9.6%6.6%6.6%11.5%13.0%23.7%16.3%22.5%23.8%20.3%
Other Income 0001011138
Interest 101087742122
Depreciation 7655585866
Exceptional Items 0040000000
Profit Before Tax -6-703104222257275
Tax -2-10006581919
Profit After Tax -3-503103617175356
PAT Margin (%) -2.6%-4.4%0.3%2.6%6.0%16.2%10.3%11.8%16.6%15.0%
Adjusted EPS (₹)-3.0-5.30.43.39.736.117.017.553.456.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%17%12%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 555313486583134184
Share Capital 10151510101010101010
Reserves -5-10-10-73385573124174
Minority Interest0000000000
Debt6663565443120000
Long Term Debt2006760000
Short Term Debt646356483760000
Trade Payables20182111172611263546
Others Liabilities 151099162213222540
Total Liabilities 1079591788810789131193271

Fixed Assets

Gross Block136136137137139140143158154173
Accumulated Depreciation7783889398105110118114118
Net Fixed Assets59534945413433404055
CWIP 00000163126
Investments 0001111234267
Inventories25211811173017254253
Trade Receivables18172016192318162551
Cash Equivalents 100001061313
Others Assets4345101714181927
Total Assets 1079591788810789131193271

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1991616173722374443
PBT -6-70394222267375
Adjustment 1714121211105944
Changes in Working Capital 8140-5-8-16-14-19
Tax Paid 00012-7-5-3-19-17
Cash Flow From Investing Activity 00-1-1-1-3-9-34-35-40
Capex 00-1-1-1-2-10-9-15-15
Net Investments 00000-11-25-20-25
Others 0000000000
Cash Flow From Financing Activity -19-10-15-15-17-34-12-1-5-6
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -4-4-20000000
Interest Paid -10-9-7-6-5-2-1-1-1-1
Dividend Paid 00000000-3-5
Others -63-7-9-12-32-12000
Net Cash Flow 000000025-3
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-43.71-208.260198.92121.81118.5929.9823.5449.1335.31
ROCE (%)5.74.2912.4217.7628.9578.4637.235.1668.248.88
Asset Turnover Ratio1.211.311.581.641.992.271.681.341.971.62
PAT to CFO Conversion(x)N/AN/AINF5.331.71.031.292.180.830.77
Working Capital Days
Receivable Days47494647393545422337
Inventory Days61634938313952513846
Payable Days9010194996274801006768

Tanfac Industries Ltd Stock News

Tanfac Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tanfac Industries on 28-Mar-2024 16:01 is ₹1,967.4.
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 28-Mar-2024 16:01 the market cap of Tanfac Industries stood at ₹2,016.3.
The latest P/E ratio of Tanfac Industries as of 28-Mar-2024 16:01 is 32.40.
The latest P/B ratio of Tanfac Industries as of 28-Mar-2024 16:01 is 9.26.
The 52-week high of Tanfac Industries is ₹2,778.7 and the 52-week low is ₹910.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tanfac Industries is ₹390.9 ( Cr.) .

About Tanfac Industries Ltd

Tanfac Industries, incorporated in 1972, is a Joint Sector Company promoted by The Aditya Birla Group of Companies i.e. Grasim Industries, Hindalco Industries, Pilani Industries & Investment Corporation (PI&ICL) and Tamilnadu Industrial Development Corporation (TIDCO). It is one of India's largest suppliers of Fluorine chemicals.

Its plant and facilities are spread over 60 acres in the chemical complex of SIPCOT at Cuddalore near Pondicherry, about 200 kms from Chennai, India.

The company is engaged in the manufacture of chemicals such as aluminium fluoride, anhydrous hydrogen fluoride with generation capacity of 15,600 tpa in each. In addition to this Tanfac manufactures sulphuric acid to the tune of 14,400 tpa inclusive of oleum, and, speciality fluorides to the tune of 3,400 tpa. The fluorine based chemicals have vital applications in industries such as aluminium smelting, petroleum refining, refrigerant gases, steel re-rolling, glass, ceramics, sugar, fertilisers, heavy water, etc. The speciality chemicals are used as intermediates in the manufacture of pharmaceuticals drugs and agrochemicals.

Having started as a single product company, producing aluminium fluoride, Tanfac has now diversified into various speciality fluoride products, with exports to countries across the globe including USA, Europe, Australia, New Zealand, Singapore, Thailand and Middle East.

Product Range

Inorganic Chemicals

  • Aluminium Fluoride
  • Anhydrous Hydrofluoric Acid
  • Cryolite (Granular)
  • Dilute Hydrofluoric Acid
  • Hdrocholric Aacid - HCL
  • Oleum
  • sulphuric acccccid
  • Sulphuric Acid

Speciality Inorganic Fluorides

  • Ammonium Bifluoride
  • Cryolite (Powder)
  • Fluoboric Acid
  • Hexa Fluoro Phosphoric Acid *
  • Magnesium Fluoride
  • Potassium Fluoborate
  • Potassium Fluoride
  • Potassium Hexa Fluoro Phosphate *
  • Potassium Silico Fluoride
  • Potassium Titanium Fluoride
  • Potassium Zirconium Fluoride
  • Sodium Hexa Fluoro Phosphate *
  • Sodium Silico Fluoride

Speciality Fine Chemicals

  • HF-Pyridine Complex *
  • Tetra Butyl Ammonium Bi Fluoride *
  • Tetra Butyl Ammonium Fluoride Derivatives
  • Tetra Butyl Ammonium Fluoride Trihydrate *
  • Tetra Ethyl Ammonium Fluoride Dihydrate *
  • Tri Ethylamine Trihydrogen Fluoride Complex *

The company is committed to constant improvement of the processes of management system effecting quality, cost, delivery and environmental impacts to prevent pollution and to comply with requirements of customers and interested parties and public.

Tanfac on a continuous basis identify activities which have scope for conserving energy, water reduction of chemicals consumption, recycle of water and recycle of waste in process, as part of its commitment to SHE.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.