Tinplate Company of India Limited (TCIL) is a subsidiary of Tata Steel Ltd, which has a 74.96 per cent stake in it. India’s leading tinplate producer, TCIL offers its customers consistently high quality of products that meet the most stringent...
The 5-year analysis of Tinplate Company Of India Ltd's performance infers:
We analysed the performance of Tinplate Company Of India Ltd share prices over the last 10 years. Here is what we found out:
Tinplate Company of India Limited (TCIL) is a subsidiary of Tata Steel Ltd, which has a 74.96 per cent stake in it. India’s leading tinplate producer, TCIL offers its customers consistently high quality of products that meet the most stringent requirements of customers. The country’s first tinplate manufacturer, TCIL is at the cusp of marking a century since inception in the year 1920.
Product and service
Product and service improvements in the last decade have given TCIL a larger share of the domestic tinplate market. It caters to around 74 per cent of the prime tinplate market and 43 percent of the overall domestic market. TCIL exports 20-25% of its produce to different geographies across the world, of which South East Asia, Middle East and select regions of Europe are key export markets.
The Company has a pan India presence, with its headquarters in Kolkata, eight Marketing & Sales offices and 18 stocking points across the country. Its single manufacturing facility, located in Jamshedpur, Jharkhand, has Cold Rolling Mills (CRMs), Electrolytic Tinning Lines (ETLs) and world-class Printing & Lacquering Lines.
Tinplate and Tin Free Steel (TFS), the two key product offerings of TCIL, are among the most versatile packaging substrates for packaging processed foods. The Company caters to the needs of extremely diverse segments, including Edible Oils, Paints & Pesticides, Processed Foods, Battery & Aerosols, and manufacturers of bottle crowns. TCIL offers Tinplate in cut sheet & coil form, and TFS in sheet form.
Business area of the company
The company is the producer of tin coated and tin free steel sheets in India having its headquarter in Kolkata, West Bengal and works located at Jamshedpur, Jharkhand. The company’s product basket includes Tinplate and Tin Free Steel in Single Reduced (SR) and Double Reduced (DR) forms which meet varying packaging needs of edible oils, processed foods, paints & chemicals, aerosols, batteries, crowns and other nonfood categories.
Awards and recognitions
History and Milestones