Tirth Plastic Ltd - Stock Valuation and Financial Performance

BSE: 526675 | NSE: | Plastic Products | Small Cap

Tirth Plastic Share Price

66.36 -1.35 -1.99%
as on 28-Mar'24 16:01

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Tirth Plastic stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
21.8 Cr.
52-wk low:
0.3
52-wk high:
69.1

Is Tirth Plastic Ltd an attractive stock to invest in?

1. Is Tirth Plastic Ltd a good quality company?

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

2. Is Tirth Plastic Ltd undervalued or overvalued?

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

3. Is Tirth Plastic Ltd a good buy now?

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

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.
Tirth Plastic 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 % 0.3%0%-3.5%-2.2%-0.5%-2.4%-11.9%0.2%-0.6%-0.8%-
Value Creation
Index
-1.0-1.0-1.3-1.2-1.0-1.2-1.9-1.0-1.1-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.60.710200.100.100
Sales YoY Gr.-11.1%35.7%-95.8%4,925%-100%NA-100%NA-100%-
Adj EPS 00-0.2-0.1-0-0.2-0.70-0-00.1
YoY Gr.--100%NANANANANANA-400%NA-
BVPS (₹) 7.37.36.56.36.36.15.55.55.45.43.8
Adj Net
Profit
00-0.1-0.10-0.1-0.30000
Cash Flow from Ops. 0.7-0.4-0.3-0.1-10.1-0.3-0.10-0.1-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS -208%NANANA
BVPS-3.3%-3.1%-0.4%-0.7%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.30-3.5-2.2-0.5-2.4-11.90.2-0.6-0.81.3
Op. Profit
Mgn %
20.80.5-169.2-0.70-633.40-108.70NAN
Net Profit
Mgn %
1.30.2-11.2-169.1-0.70-475.70-17.50INF
Debt to
Equity
0000000000-
Working Cap
Days
1,6661,8021,34138,027953017,837011,71200
Cash Conv.
Cycle
114178110,61421605,08401,84600

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.30%

Sales growth has been subdued in last 3 years -100.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -25.00%

Latest Financials - Tirth Plastic Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 3.8 -
Reserves (₹ Cr.) -2 -
P/BV 17.47 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.30 / 69.09
All Time Low / High (₹) 0.20 / 69.09
Market Cap (₹ Cr.) 21.8
Equity (₹ Cr.) 3.3
Face Value (₹) 10
Industry PE 35.1

Management X-Ray of Tirth Plastic:

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 Tirth Plastic

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
Sales0.630.700.950.042.0100.0600.090
Operating Expenses 0.620.700.950.102.030.070.470.090.180.10
Manufacturing Costs0000000000
Material Costs0.550.620.840.021.9500.0500.080
Employee Cost 0.020.020.050.020.010.010.020.020.020.01
Other Costs 0.040.060.060.060.070.060.400.080.080.09
Operating Profit 0.010.010-0.06-0.01-0.07-0.41-0.09-0.09-0.10
Operating Profit Margin (%) 2.0%0.8%0.5%-169.0%-0.7%--633.0%--108.0%-
Other Income 0000000.100.100.080.08
Interest 0000000000
Depreciation 0000000000
Exceptional Items 00-0.370000000
Profit Before Tax 0.010.01-0.36-0.06-0.01-0.07-0.310.01-0.02-0.02
Tax 0000000000
Profit After Tax 0.010-0.36-0.06-0.01-0.07-0.310.01-0.02-0.02
PAT Margin (%) 1.3%0.2%-38.1%-169.0%-0.7%--475.0%--17.5%-
Adjusted EPS (₹)0.00.0-0.8-0.10.0-0.2-0.70.00.00.0
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 3.243.242.872.812.802.732.422.432.412.39
Share Capital 4.454.454.454.454.454.454.454.454.454.45
Reserves -1.21-1.21-1.58-1.64-1.65-1.72-2.03-2.02-2.04-2.06
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables0.550.300.361.233.090.480.180.180.180.18
Others Liabilities 0.490.030.420.310.300.340.310.330.380.47
Total Liabilities 4.283.563.654.356.193.552.922.942.983.04

Fixed Assets

Gross Block0000000000
Accumulated Depreciation0000000000
Net Fixed Assets0000000000
CWIP 0000000000
Investments 0.79000000000
Inventories000.070.891.421.421.371.371.291.29
Trade Receivables0.630.340.660.632.940.570.150.070.010.01
Cash Equivalents 0.060.070.140.020.010.070.110.110.220.25
Others Assets2.803.152.782.811.821.491.291.391.461.49
Total Assets 4.283.563.654.356.193.552.922.942.983.04

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.73-0.42-0.32-0.11-1.010.06-0.26-0.110.03-0.05
PBT 0.010.01-0.36-0.06-0.01-0.07-0.310.01-0.02-0.02
Adjustment 0000.0200-0.42-0.10-0.08-0.08
Changes in Working Capital 0.72-0.410.05-0.06-10.130.46-0.020.120.05
Tax Paid 0-0.02-0.010000000
Cash Flow From Investing Activity 00.790000000.080.08
Capex 0000000000
Net Investments 00.7900000000
Others 000000000.080.08
Cash Flow From Financing Activity -0.81-0.360.390100.300.1000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -0.81-0.360.390100.300.1000
Net Cash Flow -0.090.010.07-0.11-0.010.060.0400.110.03
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.260.04-11.9-2.24-0.5-2.41-11.870.24-0.63-0.83
ROCE (%)0.380.16-11.85-2.24-0.5-2.41-11.870.24-0.63-0.83
Asset Turnover Ratio0.170.180.260.010.3800.0200.030
PAT to CFO Conversion(x)73-INFN/AN/AN/AN/AN/A-11N/AN/A
Working Capital Days
Receivable Days2822531916,25032402,03401620
Inventory Days00294,70321007,91105,5630
Payable Days183251143040402,46007860

Tirth Plastic Ltd Stock News

Tirth Plastic Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tirth Plastic on 28-Mar-2024 16:01 is ₹66.36.
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 Tirth Plastic stood at ₹21.82.
The latest P/E ratio of Tirth Plastic as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Tirth Plastic as of 28-Mar-2024 16:01 is 17.47.
The 52-week high of Tirth Plastic is ₹69.09 and the 52-week low is ₹0.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tirth Plastic is ₹0.00 ( Cr.) .

About Tirth Plastic Ltd

Tirth Plastic Limited is a public limited company incorporated and domiciled in India. The address of its registered office is in Ahmedabad, Gujarat, India. The company has its primary listing with BSE Ltd. It is the leading traders and exporters of all kind of Plastic Products like Bags, PVC pipes, acrylic sheets (solid surface) in India and it is planning to export in various countries.

Business area of the company

The company is engaged in the business of Trading of Acrelic Solid Surface, Glue AND Other Materials.

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