TPL Plastech Ltd Stock Analysis

BSE: 526582 | NSE: TPLPLASTEH | Plastic Products | Small Cap

BSE Share Price 06-Dec-2022 16:03
34.00 0.05 (0.15%)

DeciZen - Make an Informed Decision on TPL Plastech

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

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

TPL Plastech Price Chart

P/E Ratio (SA) :
19.21
Market Cap :
264.8 Cr.
52-wk low :
21.1
52-wk high :
43.5
Bole Toh?

1. Is TPL Plastech Ltd a good quality company?

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

2. Is TPL Plastech Ltd undervalued or overvalued?

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

3. Is TPL Plastech Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of TPL Plastech 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 TPL Plastech:

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.
TPL Plastech 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 14.3%14.1%13.8%15%16.5%13.8%11.7%11%9.6%13.7%-
Value Creation Index 0.00.0-0.00.10.2-0.0-0.2-0.2-0.3-0.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 154190183178180192219209170229250
YoY Gr. Rt. %-23.6%-3.7%-2.7%1.1%6.6%14.1%-4.5%-18.5%34.1%-
Adj EPS 0.80.911.11.41.61.51.411.71.8
YoY Gr. Rt. %-15%6.5%12.2%30.9%10.4%-8.8%-6.2%-24.3%66%-
BVPS (₹) 4.24.95.66.77.99.110.211.111.813.113.7
Adj Net Profit 6.37.27.68.611.212.411.310.6813.314
Cash Flow from Ops. 11.54.89.332.73.569.43120.623-
Debt/CF from Ops. 3.58.94.50.710.69.36.21.31.40.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.5%4.9%1.5%34.1%
Adj EPS 8.8%3.5%5.7%66%
BVPS 13.510.88.911.5
Share Price 10.4% -9.9% 42.2% 0.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 20.520.218.517.819.718.71512.8913.713.2
Op. Profit Mgn % 10.39.29.911.812.112.711.611.411.911.711.1
Net Profit Mgn % 4.13.84.24.86.26.55.25.14.75.85.5
Debt to Equity 1.21.110.50.60.80.70.50.30.20.1
Working Cap Days 128120136148159176179191221172164
Cash Conv. Cycle 3437503834464950412457

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.20%

Sales growth is good in last 4 quarters at 20.78%

Sales growth has been subdued in last 3 years 1.45%

Net Profit has been subdued in last 3 years 5.65%

Latest Financials - TPL Plastech Ltd.

Standalone Consolidated
TTM EPS (₹) 1.8 1
TTM Sales (₹ Cr.) 250 170
BVPS (₹.) 13.7 0
Reserves (₹ Cr.) 91 84
P/BV 2.49 0.00
PE 19.21 32.89
From the Market
52 Week Low / High (₹) 21.06 / 43.50
All Time Low / High (₹) 0.05 / 78.09
Market Cap (₹ Cr.) 265
Equity (₹ Cr.) 15.6
Face Value (₹) 2
Industry PE 20.7

Management X-Ray of TPL Plastech :

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 TPL Plastech

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

TPL Plastech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of TPL Plastech on 06-Dec-2022 16:03 is : 34.00.
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 06-Dec-2022 16:03 the market cap of TPL Plastech stood at ₹ 264.8.
The latest PE ratio of TPL Plastech as of 06-Dec-2022 16:03 is 19.21.
The latest PB ratio of TPL Plastech as of 06-Dec-2022 16:03 is 2.49
The 52-week high of TPL Plastech is ₹ 43.50 and the 52-week low is ₹ 21.06.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of TPL Plastech is ₹ 250.4 ( Cr.) .

About TPL Plastech Ltd

TPL Plastech was incorporated in the year a982 and its chairman is Sanjay Kulkarni. The company is based in Mumbai. The company is listed in group ‘B’ of the BSE. As of June 14 2006, TPL Plastech Limited operates as a subsidiary of Time Technoplast Ltd.

TPL Plastech Limited manufactures extrusion blow moulded high molecular high density polyethylene containers/barrels in India. Its products are used as packaging materials in the packaging of viscous liquids, chemicals, dyestuffs, bulk pharmaceuticals, and petrochemicals.

TPL enjoys strong operational and product support from its parent, Time Technoplast Limited, the market leader in the domestic industrial packaging industry. Consequently, TPL is well-placed to capitalize on the emerging opportunities in this market.

Over the years, TPL Plastech Limited has achieved the distinction of being the second largest manufacturer of HMHDPE barrels in India providing quality alternative barrels at affordable prices. The market segment for barrels appreciates the presence of the company for strategic reasons, as well.

Future plans:

In the year 2009, the company acquired approximately 9030 sq. meters (18 Kannals) of land for the Jammu project. Building and shed work are completed and major parts of the machineries are identified and ready for dispatching .The company has obtained necessary permission/approvals from concerned departments, except electricity connection from the J&K Electricity Department but has received the approval to run a 750 KVA D G set.

The project is delayed due to strained situation in the state in last quarter of the year. However, the company is all set to implement and commission the project in the year 2009.

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