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Tilaknagar Industries Ltd Stock Analysis

Small Cap
Evaluated by 775 users | BSE: 507205 | NSE: TI |
Breweries & Distilleries
Tilaknagar Industries (TI) which is the erstwhile ‘The Maharashtra Sugar Mills Limited’ (MSM) was promoted in 1933 by the illustrious industrialist and visionary Mahadev L Dahanukar popularly known as Babasaheb Dahanukar. The company was then engaged in the manufacture of sugar...

Analysis of Financial Track Record

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 8.18%8.98%8.87%7.04%1.81%-14.49%-15.15%-11.34%-3.74%12.76%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 350457569616551372381308489649
Y-o-Y Gr. Rt.-30.6%24.5%8.3%-10.5%-32.5%2.4%-19.3%59%32.6%
Adjusted EPS (Rs.) 3.073.224.143.89-2.72-20.51-21.48-15.88-11.72-0.62
Y-o-Y Gr. Rt.-4.9%28.6%-6%-169.9%NANANANANA
Book Value per Share (Rs.) 27.6731.5934.8737.8939.9413.470.54-15.14-26.9-2.3
Adjusted Net Profit 35.338.650.448.2-34-256-268-198-147-7.8
Net Op. Cash Flow (Rs. Cr.) -2155.914.937.91781926.920213.5208
Debt to Cash Flow from Ops -19.068.0340.6220.54.4244.4238.264.979.472.57
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Tilaknagar Industries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 7.1%3.3%19.4%32.6%
Adjusted EPS -183.7%NANANA
Book Value per Share -175.9-156.5-262.10
Share Price -6.1% 13% 17.9% 86.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 11.619.0210.569.24-6.47-68.76-215.41228.6356.74.39
Operating Profit Margin (%) 29.3728.8625.9223.0215.43-26.33-22.95-20.4611.35-0.71
Net Profit Margin (%) 10.098.458.867.82-6.16-68.71-70.27-64.39-29.98-1.2
Debt to Equity 1.251.181.421.661.585.03151.68-5.24-3.19-18.56
Working Capital Days 394328325336421489442500223128
Cash Conversion Cycle 6865676747-6-13-34-32-37
Entity Percentage Holding
Promoters 54.67%
Institutions 0.01%
Non-Institutions 45.32%
Pledged *91.2291.2291.2291.2291.2291.2291.2291.2291.2291.22
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Tilaknagar Industries Ltd's performance infers:

Tilaknagar Industries Ltd earnings have grown by 0%, whereas share price has appreciated 13% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Tilaknagar Industries Ltd share prices over the last 10 years. Here is what we found out:

Tilaknagar Industries Ltd share price has appreciated -6.5% annually over the past ten years.

Tilaknagar Industries (TI) which is the erstwhile ‘The Maharashtra Sugar Mills Limited’ (MSM) was promoted in 1933 by the illustrious industrialist and visionary Mahadev L Dahanukar popularly known as Babasaheb Dahanukar. The company was then engaged in the manufacture of sugar and allied products.

Tilaknagar Distilleries & Industries was promoted as a 100% subsidiary of The Maharashtra Sugar Mills. The year 1973 saw TI diversify into the businesses of industrial alcohol,

Tilaknagar Industries (TI) which is the erstwhile ‘The Maharashtra Sugar Mills Limited’ (MSM) was promoted in 1933 by the illustrious industrialist and visionary Mahadev L Dahanukar popularly known as Babasaheb Dahanukar. The company was then engaged in the manufacture of sugar and allied products.

Tilaknagar Distilleries & Industries was promoted as a 100% subsidiary of The Maharashtra Sugar Mills. The year 1973 saw TI diversify into the businesses of industrial alcohol, Indian Made Foreign Liquor (IMFL) and sugar cubes. Both Maharashtra Sugar Mills and Tilaknagar Distilleries & Industries Ltd have been merged to form Tilaknagar Industries (TI) with effect from August 6, 1993. Since then TI has been engaged in the business of manufacture and distribution of spirit and Indian Made Foreign Liquor (IMFL). There has been no change in the promoter of the company. The ‘Dahanukar family’ continues to be the promoter of Tilaknagar Industries, sharing the same vision and values of the founders.

Babasaheb’s efforts were guided by noted freedom fighter Lokmanya Balgangadhar Tilak, and he named the factory complex 'Tilaknagar' as a token of respect for Lokmanya Tilak. The company had an unfailing record of paying dividend for more than 50 years. In deference to the policy of the government to have all sugar businesses in the country under the control and management of co-operative societies formed by farmers, the company had to stop its sugar business in 1987.

Due to its core competency in alcoholic beverages and conscious efforts, TI swiftly established its distinct identity in the liquor industry. Today TI’s brand portfolio consists of unique and diverse brands that enjoy excellent consumer preference solely due to their quality and value for money.

The distillery of the company has the capacity to produce more than 60,000 liters of alcohol per day. In addition to TI’s own distilleries and factory at Tilaknagar (Maharashtra), India, the company also has lease/tie up with 24 more factories which cater to expanding demand in both domestic and export markets.

The exports are catered from TI’s main factory in Tilaknagar (Maharashtra) to ensure impeccable quality control and supervision. TI is exporting to many overseas markets in Africa, Caribbean Islands and Asia.

Product range of the company includes:

TI is a leading manufacturer of liquor across the major categories - Whisky, Brandy, Rum, Vodka and Gin. TI has a market leading position in the southern and western parts of India.

Whisky

  • Senate Royale Whisky
  • Mansion House Whisky
  • Senate Whisky
  • Shot Whisky
  • Classic Whisky
  • Royal Choice Whisky
  • Hottt Silk Whisky
  • Castle Club Whisky

Brandy

  • Mansion House Brandy
  • Courrier Napoleon Brandy

Rum

  • Savoy Club Rum
  • Royal Choice Rum
  • Madira Rum

Vodka

  • Classic Vodka
  • Castle Club

Gin

  • Savoy Club Dry Gin
  • Royal Choice Duet Gin
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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