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Tirupati Inks Ltd (533258)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533258 NSE: Chemicals | Small Cap | Tirupati Inks Share Price

BSE Share Price
Not Listed

Tirupati Inks Ltd (533258)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533258 NSE: Chemicals | Small Cap | Tirupati Inks Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹4 Cr.
Current Price
₹0
52-Week Low / High
₹2 / 2
TTM EPS
₹5.5
TTM Sales
₹402 Cr.
Book Value per Share
₹42.1
P/E Ratio
0.29
Industry PE
46.6
Price to Book (P/B)
0.04
Price to Sales (P/S)
0.01
EV/EBITDA
2.37
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
15.49%
Return on Capital Employed (ROCE)
17.94%
Return on Assets (ROA)
5.62%
Operating Profit Margin
7.9%
Net Profit Margin
3.4%
Gross Profit Margin
4.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-96.21%
Operating Profit Growth (1 Year)
-
51.15%
Net Profit Growth (1 Year)
-
60.63%
Asset Quality
Promoter Holding
25.61%
Pledged shares (%) of Promoter's holding (%)
100.00%
Reserves
₹81 Cr.
Equity
₹25.1 Cr.
Face Value
₹10
All Time Low / High
₹1.59 / 61.45

Tirupati Inks stock performance

Key Ratios
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10 Year X-Ray :

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.

Value Creation ⓘ

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
ROCE % ⓘ1.1%29.9%27.6%12.2%10.1%13.7%15.1%-6.8%-24.2%-129%-

Growth Parameters ⓘ

Sales ⓘ0.848.970.997.315522833726895.93.65
Sales YoY Gr.-5,865.9%44.9%37.3%59.4%47%47.7%-20.5%-64.2%-96.2%-
Adj EPS ⓘ0.12.96.81.71.83.23.2-11.8-17.6-34.5-19.1
YoY Gr.-2138.5%134%-75.5%7.2%81%-1.5%-469%NANA-
BVPS (₹) ⓘ18.615.721.639.341.144.337.624.2-4.1-63.1-63.1
Adj Net
Profit ⓘ
00.82.22.52.74.98-29.5-44.1-86.7-48
Cash Flow from Ops. ⓘ-0.4-1.4-1.3-29.16.7-20-10.7-75.3-1.86.2-
Debt/CF from Ops. ⓘ-0.2-9.4-15.9-0.75.1-3.5-7.4-2.2-10331-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ18%-52.8%-77.9%-96.2%
Adj EPS ⓘ-285.9%-280.8%-321.2%NA
BVPSⓘ-214.6%-209%-218.8%NA
Share Price - - - -

Key Financial Parameters ⓘ

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
Return on
Equity % ⓘ
0.523.331.77.64.57.69.9-38-174.1102.830.2
Op. Profit
Mgn % ⓘ
0.76.39.26.75.77.47.6-4.6-8.5-22.3-12
Net Profit
Mgn % ⓘ
0.31.73.12.61.82.22.4-11-46-2385.9-898.5
Debt to
Equity ⓘ
0.22.92.90.40.610.82.7-18.1-1.2-
Working Cap
Days ⓘ
254751311871931931902736518,1891,460
Cash Conv.
Cycle ⓘ
12054971371201101081523805,215-18,405

Valuation of Tirupati Inks - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.0061.9961.9961.99100.00100.000.00100.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'13Mar'14
Sales265.06402.38
Operating Expenses ⓘ + 244.61371.47
Manufacturing Costs1.191.34
Material Costs234.91357.56
Employee Cost 3.985.52
Other Costs ⓘ 4.537.05
Operating Profit ⓘ 20.4530.91
Operating Profit Margin (%) 7.7%7.7%
Other Income ⓘ + 0.590.61
Exceptional Items ⓘ 00
Interest ⓘ 8.9312.53
Depreciation ⓘ 1.431.76
Profit Before Tax ⓘ 10.6917.23
Tax ⓘ 2.183.57
Profit After Tax 8.5113.67
PAT Margin (%) 3.2%3.4%
Adjusted EPS (₹)5.65.5
Dividend Payout Ratio (%)0%0%
PARTICULARSMar'13Mar'14

Equity and Liabilities

Shareholders Fund + 70.79105.71
Share Capital ⓘ 15.1525.10
Reserves ⓘ 55.6480.61
Debt +69.8485.42
Long Term Debt7.0910.97
Short Term Debt62.7674.45
Minority Interest00
Trade Payables56.2681.51
Others Liabilities ⓘ 8.128.76
Total Liabilities ⓘ 205.01281.40

Fixed Assets

Net Fixed Assets ⓘ +38.3937.27
Gross Block40.3841.02
Accumulated Depreciation1.993.74
CWIP ⓘ 0.030.19
Investments ⓘ 00
Inventories53.7369.82
Trade Receivables96.95144.78
Cash Equivalents 5.4014.66
Others Assets ⓘ 10.5014.67
Total Assets ⓘ 205.01281.40
PARTICULARSMar'13Mar'14
Cash Flow From Operating Activity ⓘ + 0-14.80
PBT ⓘ 017.23
Adjustment ⓘ 013.77
Changes in Working Capital ⓘ 0-44.39
Tax Paid ⓘ 0-1.42
Cash Flow From Investing Activity ⓘ + 0-0.27
Capex 0-0.63
Net Investments 00
Others ⓘ 00.36
Cash Flow From Financing Activity ⓘ + 024.34
Net Proceeds from Shares ⓘ 09.95
Net Proceeds from Borrowing ⓘ 03.89
Interest Paid ⓘ 0-12.53
Dividend Paid ⓘ 00
Others ⓘ 023.03
Net Cash Flow ⓘ 09.26
PARTICULARSMar'13Mar'14
Ratios
ROE (%)12.0315.49
ROCE (%)13.9517.94
Asset Turnover Ratio1.31.67
PAT to CFO Conversion(x)0-1.08
Working Capital Days
Receivable Days132.80108.70
Inventory Days73.6055.60
Payable Days87.4070.30

Top 5 Mutual Funds Holding

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Announcements

Tirupati Inks Ltd FAQs

The current trading price of Tirupati Inks on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Tirupati Inks stood at ₹3.99 Cr

The latest P/E ratio of Tirupati Inks as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Tirupati Inks as of 31-Dec-1969 is -0.03.

The 52-week high of Tirupati Inks is ₹1.60 and the 52-week low is ₹1.59.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tirupati Inks is ₹5.33 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Tirupati Inks Ltd

Tirupati Inks Limited was originally incorporated on April 10, 1984 as SP Leasing Limited with the Registrar of Companies, Delhi and Haryana. The name of the Company was changed to Jyotirgamaya Promoters Limited and a fresh certificate of Incorporation obtained on May 1, 2008 from the Registrar of Companies, Delhi & Haryana. Further the name of the company was changed to Tirpuati Inks Limited on March 27, 2009 pursuant to the Scheme of Amalagamation approved by the Hon’ble High Court of Delhi on November 19, 2008. Promoters of the company are Sanjiv Agarwal, Rakesh Kumar Agarwal and Rajni Maheshwari.

The erstwhile Tirupati Inks Ltd was merged with the Company on going concern basis w.e.f the appointed date 1st April, 2008, in terms of the Scheme of Amalgamation of erstwhile Tirupati Inks Ltd with Jyotirgamaya Promoters Ltd as approved by the Hon’ble High Court of Delhi vide order of dated 19.11.08. The amalgamation is effective w.e.f the date of filing of the High Court Order with the Registrar of Companies, i.e., March 5, 2009. The name of the Company was further changed to Tirupati Inks Limited in terms of the Scheme of Amalgamation of erstwhile Tirupati Inks Ltd with Jyotirgamaya Promoters Ltd w.e.f March 27, 2009.

Scheme of Amalgamation (the “Scheme”) On April 17, 2008 the Board of Directors of the Company approved the Scheme, under sections 391 and 394 of the Companies Act, for the amalgamation of Tirupati Inks Limited (the “Transferor Company”); with Jyotirgamaya Promoters Limited (the “transferee Company”). The Scheme was partially modified by the Board on May 19, 2008 and then filed with the High Court of Delhi for their approval. The Company obtained the approval of its shareholders for the Scheme on July 5, 2008. The Scheme was approved by the High Court of Delhi at New Delhi on November 19, 2008.

The company is mainly engaged in the business of manufacturing of printing ink and trading in polyester films. The Company has two manufacturing facilities i.e. one at Kanpur & another at Jammu. At Kanpur Unit, mainly printing ink is manufactured apart from a small volume of printing cylinders and at the Jammu Unit, only printing ink is manufactured.

The company is presently engaged in the business of manufacturing of printing ink & printing cylinders and trading of polyester films and other packaging materials. The company source Polyester Films from reputed Suppliers such as Uflex Limited, Polyflex Corporation Limited, etc. and supplies to various customers engaged in the business of Oil, Ghee, Tobacco, Supari, Tea, Spices, Milk, etc. The Company has two manufacturing facilities at Kanpur & Jammu. At Kanpur Unit, printing inks and cylinders are manufactured and at the Jammu Unit only printing inks are manufactured.

Product range:

Offset Inks

  • Web Offset Inks
  • Sheet Fed Offset Inks

Gravure Inks

  • Paper Inks
  • Heat Resistant Paper Inks
  • Poly Glose Inks
  • Poly Deep Freeze Inks
  • Poly Oil/Fat Resistant Inks
  • Poly ARSR Inks (Twin Pack Inks)
  • Polyester Lamination Inks

Flexo Inks

  • Poly Glossy Inks
  • Poly Deep Freeze Glossy Inks
  • Poly Oil/Fat Resistant Inks
  • Paper Inks

Water Based Inks

  • Water Based Inks (For Absorbent Surface)
  • Water Based Inks (For Non-Absorbent Surface)
  • Water Based Inks (Film Series)

Woven Sacks Inks

  • HDPE Woven Sack Inks
  • PP Woven Sack Inks

Screen Printing Inks Lacquers - Lacquers are fully transparent solvent solution dyes based Ink specially formulated for printing on metallic substrates.

The company’s unique products are being widely used by converters for Surface and Reverse Printing on various substrates like the Polyethylene, Polypropylene, Polyester, BOPP, PVC, Aluminum Foil, Board and Papers, Cellophane etc.

The Company’s products are sold to different markets:- Consumer Packaging Industry (Flexible packaging manufacturing for health care products, soaps and detergents, food and beverages, carry bags etc.), labels and pressure sensitive tape (BOPP, Polyester tapes, etc.)- Industrial Packaging (HDPE bags, paper bags, cartons bottles, etc.)- Chemicals (inks, surface coating material)

A diversified customer base ensures a wide distribution for the company’s products. The company has its own sales force initiatives and maintains relations with important clients, negotiate sales contracts facilitate and co-ordinates product tests where required, understands periodic product requirements and ensures timely delivery.

Apart from direct sale of products to the customers, the company has also appointed distributors and consignee agents at different locations for product distribution. The company has marketing offices at Ahmedabad & Kolkata for Marketing of its products.

Export:The company exports the printing inks to various countries viz., Nigeria, Turkey, Malaysia, Mauritius, Jordan, Italy, etc. The export revenue from Inks during the previous year ending March 31, 2010 was Rs 422.46 lacs (FOB value) constituting 20.83% of the total Printing Ink turnover of the Company.

Awards/ Certificates

The company is ISO 9001:2000  and ISO 14001:2004  certified.

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