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Tamilnadu Petroproducts Ltd (TNPETRO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500777 NSE: TNPETRO Petrochemicals | Small Cap | TN Petro Products Share Price

₹125.25 -2.15 (-1.69%)

As on 18-Sep'26 16:59

Tamilnadu Petroproducts Ltd (TNPETRO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500777 NSE: TNPETRO Petrochemicals | Small Cap | TN Petro Products Share Price

₹125.25 -2.15 (-1.69%)

As on 18-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,127 Cr.
Current Price
₹125.3
52-Week Low / High
₹79 / 147
TTM EPS
₹15.8
TTM Sales
₹1,779 Cr.
Book Value per Share
₹122
P/E Ratio
7.92
Lower than its 5-year historical median
Industry PE
33.2
Price to Book (P/B)
1.03
In line with its 5-year historical median
Price to Sales (P/S)
0.63
Higher than its 5-year historical median
EV/EBITDA
5.22
In line with its 5-year historical median
Dividend Yield
1.2%
Profitability Efficiency
Return on Equity (ROE)
10.10%
Outperforms industry median
Return on Capital Employed (ROCE)
11.60%
Outperforms industry median
Return on Assets (ROA)
6.38%
Operating Profit Margin
9.1%
Net Profit Margin
6.65%
Gross Profit Margin
9.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-19.74%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
106.7%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
67.01%
Asset Quality
Promoter Holding
34.54%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,008 Cr.
Equity
₹90 Cr.
Face Value
₹10
All Time Low / High
₹7.00 / 160.00

Tamilnadu Petroproducts stock performance

Key Ratios
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Valuation

Somewhat Overvalued

Price Trend

Strong
Q.1 Is Tamilnadu Petroproducts Ltd a good quality company?
Tamilnadu Petroproducts Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Tamilnadu Petroproducts Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Tamilnadu Petroproducts Ltd vs industry peers?
Tamilnadu Petroproducts Ltd revenue CAGR is 5.06%, compared to the industry median CAGR of 5.06%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Tamilnadu Petroproducts Ltd?
Promoters hold 34.54% of the Tamilnadu Petroproducts Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Tamilnadu Petroproducts Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 18.9% based on the current price.

10 Year X-Ray :

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.
Tamilnadu Petroproducts Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 22.4%22.4%18.6%17.1%32.5%35.1%16%7.9%8.9%11.7%-
Value Creation
Index
0.60.60.30.21.31.50.1-0.4-0.4-0.2-

Growth Parameters

Sales 8891,0491,2451,2251,1451,8062,1501,6691,8271,4661,779
Sales YoY Gr.-18%18.7%-1.6%-6.5%57.7%19.1%-22.4%9.5%-19.7%-
Adj EPS -0.64.95.96.112199.85.54.39.514.8
YoY Gr.-NA19.3%3.9%95.6%58.7%-48.6%-43.9%-20.7%118.2%-
BVPS (₹) 34.339.945.450.162.178.684.888.192.6101.3109.9
Adj Net
Profit
-5.544.452.95510717187.849.33985.2133
Cash Flow from Ops. 48.98272.280.196.310876.2151195-118-
Debt/CF from Ops. 0.90.40.60.50.50.40.800.6-3.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.7%5.1%-12%-19.7%
Adj EPS NA-4.6%-1%118.2%
BVPS12.8%10.3%6.1%9.4%
Share Price 18.9% 1.1% 10.7% 19.4%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-1.913.313.812.821.32711.96.34.89.814
Op. Profit
Mgn %
7.68.97.47.714.913.864.43.69.111.5
Net Profit
Mgn %
-0.64.24.34.59.49.54.132.15.87.5
Debt to
Equity
0.10.10.10.10.10.10.100.10.5-
Working Cap
Days
57595349565157685075117
Cash Conv.
Cycle
413182025273131203718

Valuation of TN Petro Products - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales8891,0491,2451,2251,1451,8062,1501,6691,8271,466
Operating Expenses + 8259601,1541,1329811,5582,0231,5971,7631,335
Manufacturing Costs221266328318320439521432445345
Material Costs5155656896564958471,2519751,105718
Employee Cost 28323640404146495549
Other Costs 6197101118126230205141159223
Operating Profit 648991931652481287263131
Operating Profit Margin (%) 7.2%8.5%7.3%7.6%14.4%13.7%5.9%4.3%3.5%8.9%
Other Income + 791017151825372833
Exceptional Items 259002500-14197
Interest 347797677616
Depreciation 16222022232421232526
Profit Before Tax 467975791752361246579129
Tax 32251716486130152031
Profit After Tax 1353576312617594505897
PAT Margin (%) 1.5%5.1%4.6%5.2%11.0%9.7%4.4%3.0%3.2%6.7%
Adjusted EPS (₹)1.55.96.37.014.019.510.55.66.510.8
Dividend Payout Ratio (%)0%8.40%15.80%21.30%17.80%15.40%14.30%21.60%18.50%13.90%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 3143674254825917488218599121,018
Share Capital 90909090909090909090
Reserves 224277335392501658731769822928
Debt +413640374442623110416
Long Term Debt20000000110150
Short Term Debt3936403744426230266
Minority Interest0000000000
Trade Payables9910065524362931027858
Others Liabilities 709499103117129127126254208
Total Liabilities 5245966296747949811,1021,0911,3541,700

Fixed Assets

Net Fixed Assets +216193230292281267247304285852
Gross Block2312292853683773873914704681,061
Accumulated Depreciation1537557796120144166183209
CWIP 153720312710373452116
Investments 0311117151510
Inventories71106797882143168123103259
Trade Receivables6867725081112139968729
Cash Equivalents 115163198212302367373422366344
Others Assets 39282938456465574690
Total Assets 5245966296747949811,1021,0911,3541,700
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 468278869311287161207-100
PBT 467975791752361246579129
Adjustment 45282718-71716101838
Changes in Working Capital -44-3-814-41-45-20101123-245
Tax Paid -1-22-15-25-34-96-34-15-13-22
Cash Flow From Investing Activity + -19-68-61-48-87-96-58-70-244-229
Capex -20-24-43-63-10-40-82-39-387-257
Net Investments 0-40-351-91-6925-44119-0
Others 0-417141414-1132428
Cash Flow From Financing Activity + -29-12-8-23-4-22-12-78100302
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -3-200000011040
Interest Paid -9-7-7-9-5-6-5-6-5-15
Dividend Paid -0-0-5-11-13-22-26-13-11-11
Others -18-34-315519-606288
Net Cash Flow -228141-6171363-27
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)4.5115.6714.413.9623.5426.1912.015.966.5910.1
ROCE (%)22.6722.4218.7517.9531.543415.678.258.9511.6
Asset Turnover Ratio1.992.12.121.961.652.122.131.581.530.98
PAT to CFO Conversion(x)3.541.551.371.370.740.640.933.223.57-1.03
Working Capital Days
Receivable Days1820.9019.4017.4019.8018.7020.6024.7017.9014.10
Inventory Days23.9027.402622.5024.2021.7025.5030.6022.1044
Payable Days60.606042.2032.8035.1022.5022.5036.4029.6034.50

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Tamilnadu Petroproducts Ltd FAQs

The current trading price of TN Petro Products on 18-Sep-2026 16:59 is ₹125.2.

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 17-Sep-2026 the market cap of TN Petro Products stood at ₹1,126.9 Cr

The latest P/E ratio of TN Petro Products as of 17-Sep-2026 is 8.45.

The latest P/B ratio of TN Petro Products as of 17-Sep-2026 is 1.14.

The 52-week high of TN Petro Products is ₹146.8 and the 52-week low is ₹78.81.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TN Petro Products is ₹1,779 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tamilnadu Petroproducts Ltd is a good quality company.

The key valuation ratios of Tamilnadu Petroproducts Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Tamilnadu Petroproducts Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Tamilnadu Petroproducts Ltd

Tamilnadu Petroproducts Limited (TPL), a corporate star, was established in the year 1984 with the objective of setting up a 50,000 MTA Linear Alkyl Benzene (LAB) project. TPL has since imprinted winning hallmarks successively over the years in corporate India and the petrochemical industry in particular. Over more than a decade, TPL grew in strength, thinking differently, harnessing the resources by laying a fundamental platform for financial strength and responding to customers innovatively by bringing in new products and services.

Conceived in the early 80s, the genesis of Linear Alkyl Benzene (LAB) project by Tamilnadu Petroproducts Limited (TPL) could be traced back to the promoter's vision to propel the growth of environmental friendly and bio-degradable detergents in India serving as an import substitution product. The emerging economic environment in India offered a very high potential for newer petrochemical business, especially in the area of business focussed on consumer requirements in the country. TPL as part of its initial pre-project activities, worked towards identifying suitable location, obtaining necessary governmental clearances, sourcing of right technology, typing up of feedstock and other raw materials and further executing necessary technology / feedstock agreements. TPL commissioned the LAB Project successfully in April 1988 in a record 22 months from the time of financial closure. In 1989 a Modern Define Unit, the first of its kind in Asia with UOP know-how was installed to improve the quality to adhere to global standards.

In the year 1990, a 15,000 MTPA Heavy Normal Paraffin unit was commissioned to cater to the requirements of Chlorinated Paraffin Wax (CPW) manufacturers. CPW finds extensive application in synthesizing plasticisers.

After a couple of years time in 1992, TPL's LAB Plant was the first in the world to implement Advanced Process Control in association with M/s. Setpoint, USA., increasing the LAB capacity level to 85,000 MTPA. TPL's LAB plant has since evolved itself as a role model plant in the LAB industry.

During the year 1995, TPL diversified into manufacture of Epichlorohydrin (ECH), a key raw material for producing Epoxy Resins. Further during year 2000, TPL as part of consolidation of ECH business acquired a 150 MTPD Caustic Soda / Chlorine a plant which uses the latest Membrane, cell process. In line with the changes required to envision and remain with the time, TPL has committed itself to adopting the state of the art technology. During the year 2001, TPL achieved a capacity of 100,000 MTPA of LAB and further is in an advanced stage of enhance the LAB capacity to 120,000 MTPA in the year 2003-04. The vision to grow and maintain leadership in this business is a silver lining to its business philosophy.

TPL has surged ahead with laurels for a challenging & promising future, carrying the business commitment of the promoters, M/s. SPIC Limited, who have diverse interest in fertilizers, petrochemicals and other services and Tamilnadu Industrial Development Corporation Limited (TIDCO), a state government enterprise, with prime interest in promoting industries in the state of Tamil Nadu. SPIC its boasts of a turnover close to $800 million and has been the principal force in TPL achieving corporate leadership in detergent business.

The LAB plant is located in the Manali Industrial Belt, 25 km away from Chennai City. The various infrastructure facility at Manali, the advantages of a Metropolitan city, hi-tech communication interface and cosmopolitan culture, synergise with the vision of promoters business plans.

TPL continues to march ahead excellent track record and its achievements in a short time frame stand out distinctly, propelled by continuous upgradation of technology, quality human resource and utmost customer satisfaction.

Product range of the company includes:

  • Linear Alkyl Benzene- Grades : SL-352 and SL-402
  • Heavy Alkylate (LAB Byproduct)
  • Epichlorohydrin
  • Caustic Soda / Chlorine / Hydrochloric Acid / Ammonium Chloride / Sodium Hypo chlorite

The company has joint venture agreements with:

  • Henkel SPIC India Limited (HSIL)
  • Petro Araldite Private Limited (PAPL)
  • SPIC Electric Power Corporation (Private) Limited (SEPC)
  • Vopak Sical Terminal Limited
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