TCPL Packaging Ltd Stock Analysis

BSE: 523301 | NSE: TCPLPACK | Packaging | Small Cap

BSE Share Price 23-Mar-2023 18:01
1309.90 -14.20 (-1.07%)

DeciZen - Make an Informed Decision on TCPL Packaging

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

TCPL Packaging Price Chart

P/E Ratio ( CD) :
11.47
Market Cap :
1,192 Cr.
52-wk low :
647.7
52-wk high :
1,801
Bole Toh?

1. Is TCPL Packaging Ltd a good quality company?

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

2. Is TCPL Packaging Ltd undervalued or overvalued?

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

3. Is TCPL Packaging Ltd a good buy now?

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

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.
TCPL Packaging 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 0%0%0%0%0%0%0%0%9.6%10%-
Value Creation Index NANANANANANANANA-0.3-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 000000009041,0861,382
YoY Gr. Rt. %-NANANANANANANANA20.1%-
Adj EPS 0000000035.350.3113.9
YoY Gr. Rt. %-NANANANANANANANA42.5%-
BVPS (₹) 00000000330.2373.6458.2
Adj Net Profit 0000000032.145.7104
Cash Flow from Ops. 0000000011197-
Debt/CF from Ops. 000000002.74.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA20.1%
Adj EPS NANANA42.5%
BVPS 00013.1
Share Price 34.6% 16.6% 108.3% 88.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 0000000010.714.327.4
Op. Profit Mgn % 0000000014.814.215.9
Net Profit Mgn % 000000003.64.27.5
Debt to Equity 0000000011.3-
Working Cap Days 0000000001480
Cash Conv. Cycle 000000000650

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 27.40%

Sales growth is good in last 4 quarters at 40.54%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.32

Latest Financials - TCPL Packaging Ltd.

Standalone Consolidated
TTM EPS (₹) 119.2 113.9
TTM Sales (₹ Cr.) 1,343 1,382
BVPS (₹.) 466.6 458.2
Reserves (₹ Cr.) 415 408
P/BV 2.81 2.85
PE 10.99 11.47
From the Market
52 Week Low / High (₹) 647.70 / 1800.95
All Time Low / High (₹) 2.25 / 1800.95
Market Cap (₹ Cr.) 1,192
Equity (₹ Cr.) 9.1
Face Value (₹) 10
Industry PE 11.7

Management X-Ray of TCPL Packaging :

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of TCPL Packaging

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

News

TCPL Packaging Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of TCPL Packaging on 23-Mar-2023 18:01 is : 1,309.9.
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 23-Mar-2023 18:01 the market cap of TCPL Packaging stood at ₹ 1,192.
The latest PE ratio of TCPL Packaging as of 23-Mar-2023 18:01 is 10.99.
The latest PB ratio of TCPL Packaging as of 23-Mar-2023 18:01 is 2.81
The 52-week high of TCPL Packaging is ₹ 1,801 and the 52-week low is ₹ 647.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of TCPL Packaging is ₹ 1,343 ( Cr.) .

About TCPL Packaging Ltd

TCPL Packaging Limited, formerly Twenty-First Century Printers Ltd was incorporated in August 1987. It is an ISO 9001:2000 and BRC/IoP certified packaging unit. It is one of leading and largest manufacturers of folding cartons in India.

TCPL Packaging Ltd began commercial production at its plant at Silvassa, Union Territory of Dadra & Nagar Haveli, in April 1990, with a web-fed printing machine equipped with an in-line die cutter.

The first client being Godfrey Phillips India (associates of Phillip Morris International), TCPL had its initial experience in the cigarette industry. Printed shells and hinge lid packs were what TCPL cut its teeth on, and from there, it was no looking back.

With the precious experience gathered while catering to the needs of Godfrey Phillips India TCPL began to look at other players in the cigarette industry and soon had many other cigarette majors as its clients.

Business was looking good and it was time to expand. The second six colour rotogravure machine was commissioned at its plant in 1995. With this, it also started forays in the liquor industry.

Then, in 1997, TCPL became the first printing and packaging unit in India to have been certified 1SO 9002. It added a state-of-the-art six colour offset printing machine at its plant and got all set to take on the future in the year 2001.

By 2005, not only had TCPL started supplying printed cartons to almost all FMCG manufacturers in India, but exports were also growing at a very fast pace. It felt the need for an additional manufacturing unit to service its customers in the northern region of India.

In the year 2005, TCPL set-up its second plant, a state-of-the-art manufacturing unit at Haridwar in the Northern India at an outlay of Rs.300 million (US$ 6.5 million). Since then TCPL has been constantly adding equipments and new capacity to maintain its level of service and quality to its ever growing range of customers. Today, TCPL is one of the largest converters of paperboard in India and its revenue for the year ended 31st March, 2008 is Rs.130.93 crores equivalent to approx $32.50 million.

TCPL has set-up an in-house prepress house known as Accura Reprotech Pvt. Ltd. which handles its prepress requirements and also services other prestigious clients.

Business area of the company:

TCPL manufactures packaging material for the following segments

  • Cigarette
  • Liquor 
  • Food  
  • FMCG
  • Others  

Achievements/ recognition:

  • 2013 - IFCA Star Awards received in 2013
  • 2012 - Indian Institute of Packaging Indiastar Awards received in 2012
  • 2011 - IFCA Star Awards received in 2011
  • 2010 - GlaxoSmithKline Excellence award for Gen X Pack
    Printing & Publishing Group Aspiration award
  • PFFCA Star Award received in 2008
  • The year 2008, TCPL won 3 awards for various cartons being printed for their customers.
  • PFFCA Star Award recieved in 2007
  • PFFCA Star Award recieved in 2005
  • PFFCA Star Award recieved in 2003
  • India star Award recieved in 2002
  • ISO9001:2000 & BRC-IOP Global Stander
  • Certified 1SO 9002.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now