Tokyo Plast International Ltd - Stock Valuation and Financial Performance

BSE: 500418 | NSE: TOKYOPLAST | Plastic Products | Small Cap

Tokyo Plast Intl. Share Price

96.60 -0.90 -0.92%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Tokyo Plast Intl.

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Tokyo Plast International stock performance -

mw4me loader
P/E Ratio (SA):
67.77
Market Cap:
92.6 Cr.
52-wk low:
84.3
52-wk high:
136.5

Is Tokyo Plast International Ltd an attractive stock to invest in?

1. Is Tokyo Plast International Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tokyo Plast International Ltd is a average quality company.

2. Is Tokyo Plast International Ltd undervalued or overvalued?

The key valuation ratios of Tokyo Plast International Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Tokyo Plast International Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tokyo Plast International 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 Tokyo Plast Intl.:

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.
Tokyo Plast International Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 14.4%7.7%8.9%10.7%6.1%-3.7%3.7%1.3%0.3%1.4%-
Value Creation
Index
0.0-0.5-0.4-0.2-0.6-1.3-0.7-0.9-1.0-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 57.254.958.272.265.45360.962.979.975.569
Sales YoY Gr.--3.9%6%24.1%-9.5%-18.9%14.9%3.4%27.1%-5.5%-
Adj EPS 7.33.14.36.33.6-3.920.4-0.801.4
YoY Gr.--57.4%37.5%47.3%-42.6%-208%NA-80.1%-295%NA-
BVPS (₹) 43.947.452.159.763.559.560.46161.86263.3
Adj Net
Profit
734.163.5-3.71.90.4-0.701
Cash Flow from Ops. 0.93.610.55.33.23.59.11.13.618.9-
Debt/CF from Ops. 24.25.71.62.94.55.51.413.14.10.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.2%2.9%7.5%-5.5%
Adj EPS -48.1%-64.7%-78.5%NA
BVPS3.9%-0.5%0.9%0.3%
Share Price 22.9% 12.9% 10.5% 7.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
17.56.88.611.35.9-6.43.40.7-1.302.3
Op. Profit
Mgn %
1812.21314.110.7-0.296.346.59.5
Net Profit
Mgn %
12.25.478.35.3-73.10.6-0.902
Debt to
Equity
0.50.50.30.30.20.30.20.20.30.2-
Working Cap
Days
316347335300371464380349274276106
Cash Conv.
Cycle
6082797510916518119415214061

Recent Performance Summary

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

Sales growth has been subdued in last 3 years 7.47%

Sales growth is not so good in last 4 quarters at -9.37%

Latest Financials - Tokyo Plast International Ltd.

Standalone Consolidated
TTM EPS (₹) 1.4 -1.3
TTM Sales (₹ Cr.) 69.1 76.7
BVPS (₹.) 63.3 60.9
Reserves (₹ Cr.) 51 48
P/BV 1.54 1.60
PE 67.77 0.00
From the Market
52 Week Low / High (₹) 84.31 / 136.45
All Time Low / High (₹) 0.90 / 167.00
Market Cap (₹ Cr.) 92.6
Equity (₹ Cr.) 9.5
Face Value (₹) 10
Industry PE 35.2

Management X-Ray of Tokyo Plast Intl.:

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 Tokyo Plast Intl.

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
Sales57.1554.9058.1872.1865.3552.9860.8562.8979.9375.53
Operating Expenses 51.1348.3350.7162.0158.3953.8058.6159.3576.7770.59
Manufacturing Costs3.982.923.124.623.203.103.293.413.913.21
Material Costs28.5328.9228.8135.3133.1829.2130.2431.9942.6442.16
Employee Cost 6.8989.169.8110.4211.4612.5912.8614.8913.58
Other Costs 11.728.499.6212.2711.5910.0312.4811.0915.3211.65
Operating Profit 6.036.577.4710.176.97-0.822.243.543.164.94
Operating Profit Margin (%) 10.5%12.0%12.8%14.1%10.7%-1.5%3.7%5.6%4.0%6.5%
Other Income 22.642.682.972.071.201.710.040.870.41
Interest 2.432.862.521.991.451.301.080.781.361.40
Depreciation 2.292.122.212.452.542.422.782.692.933.19
Exceptional Items 000000000-0.58
Profit Before Tax 3.314.235.418.705.05-3.340.090.10-0.250.19
Tax -0.680.960.881.510.950.44-0.72-0.02-0.100.31
Profit After Tax 3.983.274.537.194.10-3.790.810.12-0.15-0.12
PAT Margin (%) 7.0%6.0%7.8%10.0%6.3%-7.1%1.3%0.2%-0.2%-0.2%
Adjusted EPS (₹)4.23.44.87.64.3-4.00.90.1-0.2-0.1
Dividend Payout Ratio (%)0%0%0%7%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 41.7344.9949.5256.7060.3256.5157.3557.9558.6958.88
Share Capital 9.509.509.509.509.509.509.509.509.509.50
Reserves 32.2235.4940.0247.2050.8247.0147.8548.4549.1949.38
Minority Interest0000000000
Debt19.2719.2715.6815.3214.2218.9812.1713.9214.8611.09
Long Term Debt1.621.700.900.090.060.120.070.0300
Short Term Debt17.6517.5714.7715.2314.1618.8612.1013.8914.8611.09
Trade Payables5.913.155.075.695.045.973.104.373.163.24
Others Liabilities 5.024.615.424.8065.636.669.0610.1311.19
Total Liabilities 71.9272.0375.6982.5185.5887.0979.2885.3086.8484.40

Fixed Assets

Gross Block30.5431.9233.9835.7437.3739.4641.3846.8652.3153.34
Accumulated Depreciation17.1619.1821.3023.6326.1528.1530.6833.2935.5938.16
Net Fixed Assets13.3812.7412.6812.1111.2211.3210.6913.5616.7215.18
CWIP 4.224.354.354.354.354.654.655.275.275.27
Investments 1.261.141.141.141.230.110.110.110.110.02
Inventories7.037.127.374.965.9812.7320.8419.1523.4419.34
Trade Receivables11.2310.1010.8119.7620.9419.0817.0121.4416.6013.17
Cash Equivalents 1.251.333.320.540.294.693.511.080.730.84
Others Assets33.5435.2536.0239.6541.5934.5222.4724.6923.9630.59
Total Assets 71.9272.0375.6982.5185.5887.0979.2885.3086.8484.40

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.883.6010.465.283.173.499.071.073.6118.89
PBT 3.314.235.418.705.01-3.240.090.10-0.250.19
Adjustment 2.724.044.734.133.624.063.363.193.944.84
Changes in Working Capital -5.14-4.221.25-5.58-4.183.165.62-2.23-0.0813.87
Tax Paid -0.01-0.45-0.93-1.98-1.29-0.480000
Cash Flow From Investing Activity -0.210.20-2.11-4.53-0.57-3.19-2.32-4.31-3.26-13.39
Capex -2.21-1.71-2.12-4.96-0.92-4.07-2.34-4.32-3.29-13.09
Net Investments 00-0.070.380.420.07000.02-0.33
Others 21.900.080.05-0.070.800.020.020.020.04
Cash Flow From Financing Activity -1.10-3.72-6.44-2.57-2.864.11-7.930.81-0.69-5.39
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1.40-0.78-1.12-1.55-0.030.08-0.08-0.05-0.05-0.03
Interest Paid -2.43-2.86-2.52-1.47-1.19-0.67-0.88-0.61-1.09-1.15
Dividend Paid 0000-0.4800000
Others 2.73-0.08-2.790.45-1.164.70-6.971.470.44-4.22
Net Cash Flow -0.430.071.92-1.82-0.264.41-1.18-2.43-0.340.11
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)10.037.549.5913.547.01-6.481.420.21-0.27-0.21
ROCE (%)9.511.0412.0815.498.86-2.721.61.251.522.21
Asset Turnover Ratio0.810.760.790.910.780.610.730.810.98
PAT to CFO Conversion(x)0.221.12.310.730.77N/A11.28.92N/AN/A
Working Capital Days
Receivable Days697166771141381081078165
Inventory Days4547453131641011119093
Payable Days85575256596955433228

Tokyo Plast International Ltd Stock News

Tokyo Plast International Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tokyo Plast Intl. on 28-Mar-2024 16:01 is ₹96.60.
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 Tokyo Plast Intl. stood at ₹92.64.
The latest P/E ratio of Tokyo Plast Intl. as of 28-Mar-2024 16:01 is 67.77.
The latest P/B ratio of Tokyo Plast Intl. as of 28-Mar-2024 16:01 is 1.54.
The 52-week high of Tokyo Plast Intl. is ₹136.4 and the 52-week low is ₹84.31.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tokyo Plast Intl. is ₹69.07 ( Cr.) .

About Tokyo Plast International Ltd

Tokyo Plast International Limited established in 1985 forms a part of the 25 year old ‘Tokyo Group’, which has by virtue of its diligence & attitude has made a very special place for its self in today's worldwide Thermoware / Plastic Household Industry.

Enduring reliability is the 'Hallmark'of 'Tokyo Plast's products': understandably they are manufactured using the most stringent quality controls backed by years of research and development. Their 2 factories in india empoly the latest in technology and the best of raw materials to grant their products the quality, which is as per the international standards.

Tokyo Plast is committed to design, manufacture & export high quality products. their commitment to quality , competitive pricing and their enormous manufacturing capacities has carried their products across the globe. Even in the most competitive environment, Tokyo Plast strive to use the method and process which is environment friendly. As of now the presence of Tokyo Plast's products is felt around the globe in more than 75 countries and many more countries to add in near future.

Product range of the company includes:

Tokyo’s dedication to Casseroles product line is evident in the number of offerings, which ensures one find the perfect Casseroles for any occasion.

Insulated Casserole

  • Platinum
  • Pinnacle
  • Omega
  • Classic
  • Pioneer
  • Classic Premium
  • Sun Flower
  • Sunny
  • Regal
  • Pizza Container

Coolers

  • Ice Chest
  • Thermo Jugs
  • Thermo Flask
  • Super Saver Combo

Achievements/ recognition:

  • 1994-1995 Second Best  Exporter Award
  • 1995-1996 Second Best  Exporter Award
  • 1996-1997 Top Exporter Award
  • 1997-1998 Second Best  Exporter Award
  • 1997-1998 Second Best  Exporter Award
  • 1998-1999 Second Best  Exporter Award
  • 1999 - 2000 Second Best  Exporter Award
  • 2000 - 2001 Second Best  Exporter Award
  • 2001 - 2002 Second Best  Exporter Award
  • 2002 - 2003 Second Best  Exporter Award
  • 2003 - 2004 Second Best  Exporter Award
  • 2004 - 2005 First Best  Exporter Award 
  • 2005 - 2006 First Best  Exporter Award
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