Tainwala Chemicals & Plastics (India) Ltd - Stock Valuation and Financial Performance

BSE: 507785 | NSE: TAINWALCHM | Plastic Products | Small Cap

Tainwala Chem&Plast. Share Price

132.50 -0.40 -0.30%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Tainwala Chem&Plast.

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Tainwala Chemicals & Plastics (India) stock performance -

mw4me loader
P/E Ratio (SA):
50.97
Market Cap:
124.1 Cr.
52-wk low:
99
52-wk high:
166

Is Tainwala Chemicals & Plastics (India) Ltd an attractive stock to invest in?

1. Is Tainwala Chemicals & Plastics (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Tainwala Chemicals & Plastics (India) Ltd is a below average quality company.

2. Is Tainwala Chemicals & Plastics (India) Ltd undervalued or overvalued?

The key valuation ratios of Tainwala Chemicals & Plastics (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Tainwala Chemicals & Plastics (India) Ltd a good buy now?

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

10 Year X-Ray of Tainwala Chem&Plast.:

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.
Tainwala Chemicals & Plastics (India) 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1%5.1%9.2%11.9%8.6%2.6%5.3%-0.6%1.5%5.7%-
Value Creation
Index
-0.9-0.6-0.3-0.2-0.4-0.8-0.6-1.0-0.9-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8.49.89.56.211.511.510.66.57.712.825
Sales YoY Gr.-16.9%-3.2%-34.6%84.3%0.4%-8.2%-38.9%19.3%66.2%-
Adj EPS 0.42.24.27.16.62.14.6-0.61.35.82.6
YoY Gr.-453.9%92.1%71.8%-8.1%-68.7%123.4%-113.1%NA351.6%-
BVPS (₹) 41.743.347.571.980.682.291.6104.696.4105.4118.1
Adj Net
Profit
0.423.96.76.11.94.3-0.61.25.42
Cash Flow from Ops. 0-1.6-5.6-0.4-3.4-2.4-7.43.7-2.1-5.5-
Debt/CF from Ops. 00-0.1-1-0.10-0000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.8%2.3%6.6%66.2%
Adj EPS 34.9%-2.5%8.1%351.6%
BVPS10.9%5.5%4.8%9.4%
Share Price 21.2% 16.6% 31.7% 21.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.95.19.111.98.62.55.3-0.61.35.72.3
Op. Profit
Mgn %
-6.3-10.1-24.9-38.4-24.9-28.4-21.7-37.5-32.3-14.6-16.9
Net Profit
Mgn %
4.420.640.8107.153.416.740.5-8.715.642.29.6
Debt to
Equity
0000000000-
Working Cap
Days
56555762199461862161891769327940
Cash Conv.
Cycle
1731521862991731751653012199734

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.30%

Sales growth is good in last 4 quarters at 392.99%

Sales growth has been subdued in last 3 years 6.64%

Net Profit has been subdued in last 3 years 8.07%

Latest Financials - Tainwala Chemicals & Plastics (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 2.6 -
TTM Sales (₹ Cr.) 25.4 -
BVPS (₹.) 118.1 -
Reserves (₹ Cr.) 101 -
P/BV 1.12 -
PE 50.97 -
From the Market
52 Week Low / High (₹) 99.00 / 166.00
All Time Low / High (₹) 1.30 / 190.00
Market Cap (₹ Cr.) 124
Equity (₹ Cr.) 9.4
Face Value (₹) 10
Industry PE 35.9

Management X-Ray of Tainwala Chem&Plast.:

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 Tainwala Chem&Plast.

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
Sales8101061112116813
Operating Expenses 91112914151391118
Manufacturing Costs1111111110
Material Costs6885101095612
Employee Cost 2222222221
Other Costs 1111121125
Operating Profit -1-1-2-2-3-4-2-2-4-5
Operating Profit Margin (%) -7.7%-10.2%-25.3%-38.4%-25.2%-30.9%-22.0%-37.5%-48.0%-42.5%
Other Income 2471010673510
Interest 0000000000
Depreciation 1111000000
Exceptional Items 0000000000
Profit Before Tax 0247624004
Tax 0000000001
Profit After Tax 0247624003
PAT Margin (%) 3.6%20.6%40.5%108.1%55.4%17.8%41.0%-5.0%4.8%25.6%
Adjusted EPS (₹)0.32.24.17.26.82.24.6-0.40.43.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 39414467757786989099
Share Capital 9999999999
Reserves 30313558666876898189
Minority Interest0000000000
Debt0010000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables0101122100
Others Liabilities 1111111111
Total Liabilities 404247697779891009299

Fixed Assets

Gross Block1515164445567
Accumulated Depreciation1112131112233
Net Fixed Assets4333333334
CWIP 0000000000
Investments 20212547535463817489
Inventories4345564442
Trade Receivables1231212211
Cash Equivalents 1100237111
Others Assets11121213141310993
Total Assets 404247697779891009299

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0-2-60-3-2-74-2-6
PBT 0247624004
Adjustment -1-3-6-9-9-5-6-2-3-6
Changes in Working Capital 0-1-32-11-660-3
Tax Paid 000000000-1
Cash Flow From Investing Activity -4141545-325
Capex 00-100-10-5-1-1
Net Investments 0-1-4-3-3-1-502-7
Others -4210586102114
Cash Flow From Financing Activity 001-1000000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0010000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow -40-1011-3100
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.775.099.0812.068.922.695.33-0.350.393.47
ROCE (%)0.985.319.2312.078.942.395.39-0.310.764.13
Asset Turnover Ratio0.230.260.240.120.160.150.130.070.080.13
PAT to CFO Conversion(x)N/A-1-1.50-0.5-1-1.75N/AN/A-2
Working Capital Days
Receivable Days2549881024336541386916
Inventory Days15511711422815216617323418387
Payable Days12182348324474116557

Tainwala Chemicals & Plastics (India) Ltd Stock News

Tainwala Chemicals & Plastics (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tainwala Chem&Plast. on 12-Apr-2024 16:59 is ₹132.5.
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 12-Apr-2024 16:59 the market cap of Tainwala Chem&Plast. stood at ₹124.1.
The latest P/E ratio of Tainwala Chem&Plast. as of 12-Apr-2024 16:59 is 50.97.
The latest P/B ratio of Tainwala Chem&Plast. as of 12-Apr-2024 16:59 is 1.12.
The 52-week high of Tainwala Chem&Plast. is ₹166.0 and the 52-week low is ₹99.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tainwala Chem&Plast. is ₹25.39 ( Cr.) .

About Tainwala Chemicals & Plastics (India) Ltd

Tainwala Chemicals & Plastics (India) is a flagship of the Tainwala group. The company was founded in September 1985 by Dr. Ramesh Tainwala.

The company started out by manufacturing household consumer utility products like ‘wet wipes’ and ‘mosquito repellants’. These products were launched under foreign technical collaborations with world leaders in their field like Storalene AB, Sweden and Sumitomo Corporation, Japan.

The company diversified into the plastics sheet extrusion in 1990. The company entered into a technical collaboration with Cincinnati Milacron, Austria for the manufacture of PVC Sheets. In the year, 1993 the company joined hands with another company Amut Spa, Italy for the expansion of its plastic sheet extrusion business.

The company’s business of consumer products was subsidiarised into a new company, Tainwala Personal Care Products Limited in the year 1994, in order that better focus could be provided to the marketing of the products. Its primary activity today is plastic sheet and profile extrusion.

The Tainwala group has diverse production as well as marketing activities in its fold. The core competence of the group lies in plastics processing and marketing. The group has interests in fast moving consumer goods, consumer durables, industrial products, packaging and real estate. The main group companies of the Tainwala Group are Tainwala Chemicals & Plastics India, Tainwala Personal Care Projects, Samsonite South Asia, Abhishri Packaging and Abhishri Polycontainers.

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