Tinna Trade Ltd - Stock Valuation and Financial Performance

BSE: 541741 | NSE: | Trading | Small Cap

Tinna Trade Share Price

154.85 3.00 1.98%
as on 25-Apr'24 16:01

DeciZen - make an informed investing decision on Tinna Trade

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Tinna Trade stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
609.2 Cr.
52-wk low:
22.1
52-wk high:
151.9

Is Tinna Trade Ltd an attractive stock to invest in?

1. Is Tinna Trade Ltd a good quality company?

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

2. Is Tinna Trade Ltd undervalued or overvalued?

The key valuation ratios of Tinna Trade Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Tinna Trade Ltd a good buy now?

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

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.
Tinna Trade 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 % 2.7%4.6%8.9%10.6%4.6%8.4%-2.9%-2.1%4.7%3.4%-
Value Creation
Index
-0.8-0.7-0.4-0.2-0.7-0.4-1.2-1.2-0.7-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 254253426410456478291241335294209
Sales YoY Gr.--0.3%68.4%-3.7%11.1%4.9%-39.1%-17.3%39%-12.1%-
Adj EPS 1.80.27.610.1-2.22.1-4.4-4.20.1-1.7-0.1
YoY Gr.--91.5%4973.3%32.7%-121.3%NA-305.1%NANA-2542.9%-
BVPS (₹) 32.332.83862.4373934.631.331.933.963.7
Adj Net
Profit
0.90.13.85.1-1.81.8-3.8-3.60.1-1.50
Cash Flow from Ops. -28.6-2613.96.4-1.649.3-16.62.87.9-0.3-
Debt/CF from Ops. -1.2-2.43.18.4-35.30.2-1.69.24.2-93.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.7%-8.4%0.4%-12.1%
Adj EPS -199.7%NANA-2542.9%
BVPS0.6%-1.7%-0.7%6.2%
Share Price - 49.2% 134.4% 476.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.60.521.520.1-5.95.6-11.9-12.60.2-5.2-0.2
Op. Profit
Mgn %
01.21.72.50.91.6-0.2-0.10.71.11.9
Net Profit
Mgn %
0.400.91.2-0.40.4-1.3-1.50-0.5-0.2
Debt to
Equity
2.13.72.21.71.80.30.911.21-
Working Cap
Days
87116836656414879626846
Cash Conv.
Cycle
-1,64,17161404644273249252616

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.95

Return on Equity is Poor

Sales growth has been subdued in last 3 years 0.35%

Sales growth is not so good in last 4 quarters at -19.66%

Latest Financials - Tinna Trade Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 -0.4
TTM Sales (₹ Cr.) 209 245
BVPS (₹.) 63.7 0
Reserves (₹ Cr.) 211 209
P/BV 2.43 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 22.06 / 151.85
All Time Low / High (₹) 11.36 / 151.85
Market Cap (₹ Cr.) 609
Equity (₹ Cr.) 39.3
Face Value (₹) 10
Industry PE 78.3

Management X-Ray of Tinna Trade:

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 Tinna Trade

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
Sales254253426410456478291241335294
Operating Expenses 254250421400452471292241333293
Manufacturing Costs0023201000
Material Costs0227392372408437278230323281
Employee Cost 0333333233
Other Costs 254202422393110978
Operating Profit 0351047-1-121
Operating Profit Margin (%) 0.0%1.2%1.1%2.4%0.9%1.5%-0.3%-0.3%0.5%0.5%
Other Income 1233621331
Interest 0434853345
Depreciation 0002222200
Exceptional Items 0000000000
Profit Before Tax 114702-5-30-3
Tax 002200-1000
Profit After Tax 103502-4-31-3
PAT Margin (%) 0.3%0.1%0.6%1.2%-0.1%0.3%-1.3%-1.2%0.2%-0.9%
Adjusted EPS (₹)1.80.55.210.0-0.31.9-4.3-3.30.7-3.1
Dividend Payout Ratio (%)0%0%19%10%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 16161931323330272729
Share Capital 5555999999
Reserves 11111426232521181920
Minority Interest0000000000
Debt33614354581126263326
Long Term Debt0000000176
Short Term Debt33614354581126242621
Trade Payables11463237104132415
Others Liabilities 5579524112
Total Liabilities 66129100971025763668672

Fixed Assets

Gross Block111999910109
Accumulated Depreciation0012457999
Net Fixed Assets0007532110
CWIP 0000000000
Investments 09101314141441311
Inventories249648491182234185
Trade Receivables21734952191592438
Cash Equivalents 14105146722176
Others Assets66351358161312
Total Assets 66129100971025763668672

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -29-26146-249-17380
PBT 014702-5-30-3
Adjustment 1024955425
Changes in Working Capital -32-248-4-642-1626-2
Tax Paid 200-1-400000
Cash Flow From Investing Activity 3-80-15762-113
Capex 0-90-2000000
Net Investments 00-1-111032-103
Others 301-2-330110
Cash Flow From Financing Activity 2831-217-4-5212-44-11
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 1-2-20000000
Dividend Paid 000-1000000
Others 2733-198-4-5212-44-11
Net Cash Flow 3-4-7-113-3-113-8
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.621.5914.8219.87-0.865.04-11.74-9.982.14-9.35
ROCE (%)1.957.6110.9615.499.211.17-2.70.77.013.6
Asset Turnover Ratio3.452.63.724.154.586.034.853.714.393.71
PAT to CFO Conversion(x)-29N/A4.671.2N/A24.5N/AN/A8N/A
Working Capital Days
Receivable Days40201719252721191838
Inventory Days3787624324719432914
Payable Days0463617579132126

Tinna Trade Ltd Stock News

Tinna Trade Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tinna Trade on 25-Apr-2024 16:01 is ₹154.8.
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 25-Apr-2024 16:01 the market cap of Tinna Trade stood at ₹609.2.
The latest P/E ratio of Tinna Trade as of 25-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Tinna Trade as of 25-Apr-2024 16:01 is 2.43.
The 52-week high of Tinna Trade is ₹151.8 and the 52-week low is ₹22.06.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tinna Trade is ₹209.2 ( Cr.) .

About Tinna Trade Ltd

Tinna Trade Limited (TTL) was set up in 2009 and is a part of the well diversified Tinna Group of Companies established four decades ago. In July 2009, M/s. Viterra Inc. of Canada acquired 60% stake and the company was renamed as Tinna Viterra Trade Private Limited. Subsequently in 2013, Viterra Inc. was acquired by M/s. Glencore PLC. This led to Viterra Inc. exiting the Joint Venture and became 100% subsidiary of Tinna Rubber & Infrastructure Limited. In June 2013, the company was renamed as Tinna Trade Private Limited. The company was converted into Public Limited Company and was renamed as Tinna Trade Limited in 2015. Subsequently, the company got demerged from its holding company in August, 2019 and is now listed on Bombay Stock Exchange and Calcutta Stock Exchange.

Business area of the company

The company has been playing a leading role in bringing agriculture produce directly from producers to end users. In a short period of time, the company has carved an important place in agri-business and is consistently delivering outstanding performance.

Products of the company

  • Pulses
  • Grains
  • Oil Seeds and Edible Oils
  • Protein
  • Steel Abrasives
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