Tai Industries Ltd - Stock Valuation and Financial Performance

BSE: 519483 | NSE: | Trading | Small Cap

Tai Industries Share Price

43.35 0.75 1.76%
as on 19-Apr'24 16:01

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Tai Industries stock performance -

mw4me loader
P/E Ratio (SA):
17.87
Market Cap:
25.6 Cr.
52-wk low:
33.7
52-wk high:
64.4

Is Tai Industries Ltd an attractive stock to invest in?

1. Is Tai Industries Ltd a good quality company?

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

2. Is Tai Industries Ltd undervalued or overvalued?

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

3. Is Tai Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tai Industries 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 Tai Industries:

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.
Tai Industries 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 5.2%6.2%5.9%5%-0.5%8.2%-1.7%6.2%19%3.8%-
Value Creation
Index
-0.6-0.6-0.6-0.7-1.0-0.4-1.1-0.60.4-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 515558.968.373.6114103186301254186
Sales YoY Gr.-7.9%6.9%16.1%7.8%55.5%-9.9%80.4%61.7%-15.4%-
Adj EPS 1.31.61.61.1-0.21.7-0.51.66.31.42.4
YoY Gr.-23.7%-3.7%-32.7%-122.9%NA-129.8%NA301.3%-77.8%-
BVPS (₹) 28.629301920.224.123.929.637.744.546.6
Adj Net
Profit
0.810.90.6-0.21-0.30.93.80.81
Cash Flow from Ops. -0.9-0.71.30.8-0.711.5-4.5-1.1-1.4-
Debt/CF from Ops. 000000000-0.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 19.6%28.1%35.1%-15.4%
Adj EPS 0.7%NANA-77.8%
BVPS5%17.2%23%18.2%
Share Price 17% 24.9% 64.6% 6.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
4.65.65.34.3-1.27.6-2.15.918.73.45.2
Op. Profit
Mgn %
-5.9-0.7-2.5-0.4-0.50.7-1.2-3.81.70.3-0.1
Net Profit
Mgn %
1.51.81.60.9-0.20.9-0.30.51.30.30.8
Debt to
Equity
0000000000-
Working Cap
Days
33833733927224716416792659380
Cash Conv.
Cycle
131116-10-26-21-23-171123

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 35.11%

Return on Equity has declined versus last 3 years average to 5.20%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -32.80%

Latest Financials - Tai Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 2.4 -
TTM Sales (₹ Cr.) 186 -
BVPS (₹.) 46.6 -
Reserves (₹ Cr.) 22 -
P/BV 0.91 -
PE 17.87 -
From the Market
52 Week Low / High (₹) 33.66 / 64.39
All Time Low / High (₹) 1.55 / 72.00
Market Cap (₹ Cr.) 25.6
Equity (₹ Cr.) 6
Face Value (₹) 10
Industry PE 75.8

Management X-Ray of Tai Industries:

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 Tai Industries

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
Sales5155.0358.8568.3073.63114.46103.12186.02300.82254.36
Operating Expenses 54.0255.4860.3468.6073.99113.70104.38192.99295.63253.50
Manufacturing Costs2.862.582.491.861.721.670.770.350.391.23
Material Costs41.2343.3448.4355.6259.0893.7389.70174.40277.92230.07
Employee Cost 2.882.783.143.243.443.933.652.912.883.34
Other Costs 7.056.796.287.879.7614.3710.2615.3314.4418.86
Operating Profit -3.02-0.46-1.49-0.29-0.360.76-1.26-6.975.190.86
Operating Profit Margin (%) -5.9%-0.8%-2.5%-0.4%-0.5%0.7%-1.2%-3.7%1.7%0.3%
Other Income 4.451.862.641.311.781.621.8710.221.045.85
Interest 0.140.130.150.140.120.120.090.080.090.14
Depreciation 0.240.290.170.190.940.500.320.240.270.25
Exceptional Items 00000000.1200
Profit Before Tax 1.050.990.840.690.361.760.213.045.876.32
Tax 0.270.07-0.090.07-0.030.13-0.050.311.751.70
Profit After Tax 0.780.920.930.620.391.630.262.734.124.61
PAT Margin (%) 1.5%1.7%1.6%0.9%0.5%1.4%0.3%1.5%1.4%1.8%
Adjusted EPS (₹)1.31.51.61.00.72.70.44.66.97.7
Dividend Payout Ratio (%)54%45%32%0%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 17.1517.4117.9811.4212.1114.4314.3617.7622.6126.71
Share Capital 6666666666
Reserves 11.1511.4111.985.426.118.438.3611.7616.6120.71
Minority Interest0000000000
Debt0000000000.12
Long Term Debt0000000000.08
Short Term Debt0000000000.04
Trade Payables26.2532.4934.7332.5138.2533.1422.2726.283042.34
Others Liabilities 8.217.277.337.547.698.8316.7611.7814.1912.13
Total Liabilities 51.6157.1760.0451.4758.0556.4053.3955.8266.8081.29

Fixed Assets

Gross Block7.076.426.452.092.202.672.562.582.602.95
Accumulated Depreciation5.835.705.810.191.131.481.782.012.062.29
Net Fixed Assets1.240.720.641.901.081.190.780.570.540.66
CWIP 00.160.190000000
Investments 0.870.860.861.902.142.972.613.414.343.68
Inventories2.372.112.472.772.893.262.380.723.153.72
Trade Receivables26.4133.8435.3625.9630.9624.0514.4530.6434.6346.52
Cash Equivalents 1.861.383.051.331.362.795.243.292.626.39
Others Assets18.8718.1017.4717.6119.6422.1427.9217.2021.5220.32
Total Assets 51.6157.1760.0451.4758.0556.4053.3955.8266.8081.29

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.88-0.661.270.79-0.700.951.53-4.45-1.09-1.42
PBT 1.050.990.840.690.361.760.212.935.876.32
Adjustment -0.46-0.29-0.51-1-0.440.61-0.15-2.390.04-5.24
Changes in Working Capital -1.21-1.171.170.99-0.52-1.251.63-4.56-5.59-0.94
Tax Paid -0.03-0.01-0.010.11-0.10-0.18-0.15-0.42-1.40-1.56
Cash Flow From Investing Activity 0.800.180.91-0.470.740.210.932.500.074.14
Capex -0.05-0.17-0.11-1.27-0.12-0.61-0.09-0.02-0.26-0.34
Net Investments 0000000-0.01-0.030
Others 0.850.351.020.800.850.821.012.520.364.48
Cash Flow From Financing Activity -0.05-0.01-0.51-0.330-0.020000.11
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-0.0100000000.12
Interest Paid -0.020000-0.02000-0.01
Dividend Paid 00-0.51-0.33000000
Others -0.03000000000
Net Cash Flow -0.13-0.491.68-0.010.031.142.45-1.95-1.012.82
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)4.65.355.274.233.3112.31.7917.0320.4318.71
ROCE (%)6.996.465.575.674.1114.162.0419.4229.5226.15
Asset Turnover Ratio0.991.0111.231.3421.883.414.913.44
PAT to CFO Conversion(x)-1.13-0.721.371.27-1.790.585.88-1.63-0.26-0.31
Working Capital Days
Receivable Days1842002151641418868444058
Inventory Days18151414141010325
Payable Days233247253221219139113513757

Tai Industries Ltd Stock News

Tai Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tai Industries on 19-Apr-2024 16:01 is ₹43.35.
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 19-Apr-2024 16:01 the market cap of Tai Industries stood at ₹25.56.
The latest P/E ratio of Tai Industries as of 19-Apr-2024 16:01 is 17.87.
The latest P/B ratio of Tai Industries as of 19-Apr-2024 16:01 is 0.91.
The 52-week high of Tai Industries is ₹64.39 and the 52-week low is ₹33.66.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tai Industries is ₹186.2 ( Cr.) .

About Tai Industries Ltd

Tai Industries was set up in May 1983 as Tashi Agro Industries Private Limited for marketing of agricultural products. On August 6, 1992, the status of the company was changed to public limited company. The company's name was changed to Tai Industries on March 29, 1994.

Tai Industries Limited is the Indian flagship company under the Tashi Group.

The company launched ‘DRUK’ brand of fruit products in 1986. Manufactured by its group company ‘Bhutan Fruit Products Private Limited’ each single product of DRUK has been acquired from the mountain slopes of Bhutan, nurtured by traditional eco-friendly agro management techniques. The DRUK products that have pervaded international markets include fruits, vegetables, jams, squashes, pickles, honey, fruit slices, corn flakes and processed foods and tropical delights like mango pulp, panna & juices.

The other sector that the company has forayed into is the marketing of mineral products. Calcium carbide, ferro silicon, charcoal etc are mined / processed by its group companies in Bhutan.

The registered office of the company, located at 53A Mirza Ghalib Street, 3rd floor, Kolkata 700016, is in control of a network of numerous branches, depots and a chain of C&F Agency depots that operate nationally.

Tai Industries has added yet another dimension to itself by promoting JAMIPOL Limited for the production of Desulphurisation compounds, in association with the Tata Group and SKW Metalchemie GMBH, Germany.

Charting Indian consumerism on a steady rise, Tai Industries has diversified into large format retailing with its chain of supermarkets ‘C3 -The Marketplace’. The first C3 store was put up at Lee Road in Kolkata in 2004, only to be followed by many more properties that mushroomed across the city that invited immense footfall and announced their success.

Divisions

  • Fruit products
  • Industrial products
  • Project division
  • Retail division
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