Tarini International Ltd - Stock Valuation and Financial Performance

BSE: 538496 | NSE: | Engineering | Small Cap

Tarini International Share Price

11.93 -0.17 -1.40%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Tarini International

M-Cap below 100cr DeciZen not available

Tarini International stock performance -

mw4me loader
P/E Ratio (SA):
184.60
Market Cap:
15.5 Cr.
52-wk low:
4.1
52-wk high:
19.3

Is Tarini International Ltd an attractive stock to invest in?

1. Is Tarini International Ltd a good quality company?

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

2. Is Tarini International Ltd undervalued or overvalued?

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

3. Is Tarini International Ltd a good buy now?

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

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.
Tarini International 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 % 3%1.9%2.7%2.3%2.4%1.2%0.2%1.4%0.9%0.4%-
Value Creation
Index
-0.8-0.9-0.8-0.8-0.8-0.9-1.0-0.9-0.9-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.72.51.10.91.50.90.41.21.51.82
Sales YoY Gr.-257.8%-55.9%-19.6%66.7%-43.3%-57.7%222.2%28.5%20.1%-
Adj EPS 0.40.20.40.30.40.1-0.20.20.20.10.1
YoY Gr.--56.4%147.1%-28.6%23.3%-78.4%-300%NA-33.3%-62.5%-
BVPS (₹) 14.822.122.522.823.223.223.423.623.823.923.9
Adj Net
Profit
0.40.20.60.40.50.1-0.20.30.20.10
Cash Flow from Ops. 1.2-15-1.50.6-1.30.8-0.7-10.6-1-
Debt/CF from Ops. 5.8-0.4-4.710.6-3.78.1-7-5.68-5.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.8%3.6%70.7%20.1%
Adj EPS -18.8%-30.5%NA-62.5%
BVPS5.5%0.6%0.7%0.3%
Share Price - 2.8% -7.3% 152.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
2.611.91.31.60.3-0.710.70.30.3
Op. Profit
Mgn %
-2.825-25.4-3.1-3.4-73.8-288.29.45.8-17.8NAN
Net Profit
Mgn %
49.68.749.543.932.312.1-57.127.213.64.74.4
Debt to
Equity
0.50.20.20.20.20.20.20.20.20.2-
Working Cap
Days
1,0711,3735,7197,4794,5508,53320,8026,3854,8473,9200
Cash Conv.
Cycle
0142417187481,8984,8331,4689956050

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 70.68%

Return on Equity has declined versus last 3 years average to 0.30%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Tarini International Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 1
TTM Sales (₹ Cr.) 1.8 1.8
BVPS (₹.) 23.9 20.1
Reserves (₹ Cr.) 18 15
P/BV 0.50 0.59
PE 184.60 11.60
From the Market
52 Week Low / High (₹) 4.11 / 19.27
All Time Low / High (₹) 2.32 / 42.00
Market Cap (₹ Cr.) 15.5
Equity (₹ Cr.) 13
Face Value (₹) 10
Industry PE 32.8

Management X-Ray of Tarini International:

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 Tarini International

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
Sales0.712.541.120.901.500.850.361.161.491.79
Operating Expenses 0.721.901.400.931.551.561.401.051.402.10
Manufacturing Costs0.010.140.060.090.040.050.060.050.140.14
Material Costs00.450.250000000
Employee Cost 0.440.860.530.480.861.140.920.780.760.78
Other Costs 0.270.450.560.360.650.360.420.220.501.19
Operating Profit -0.020.63-0.28-0.03-0.05-0.71-1.040.110.09-0.32
Operating Profit Margin (%) -2.8%25.0%-25.4%-3.1%-3.4%-83.1%-288.0%9.4%5.8%-17.8%
Other Income 10.251.831.371.361.392.070.900.670.88
Interest 0.370.410.540.590.490.450.420.240.180.11
Depreciation 0.130.180.210.200.190.160.170.280.280.31
Exceptional Items 0000000000
Profit Before Tax 0.480.290.800.550.620.070.450.480.290.14
Tax 0.130.070.250.150.130.020.200.170.090.05
Profit After Tax 0.350.220.550.390.490.050.250.310.200.08
PAT Margin (%) 49.6%8.7%49.5%43.9%32.3%5.5%68.5%27.2%13.6%4.7%
Adjusted EPS (₹)0.40.20.40.30.40.00.20.20.20.1
Dividend Payout Ratio (%)52%0%0%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 13.3328.6829.2329.6330.1130.1630.4030.7230.9231.01
Share Capital 9.02131313131313131313
Reserves 4.3115.6816.2316.6317.1117.1617.4117.7217.9218.01
Minority Interest0000000000
Debt6.494.886.555.454.455.564.735.274.735.92
Long Term Debt1.492.874.443.504.142.721.931.420.890.81
Short Term Debt52.012.111.940.302.842.803.853.845.11
Trade Payables0000000000
Others Liabilities 1.893.123.183.224.104.833.732.742.340.68
Total Liabilities 21.7136.6838.9638.2938.6640.5538.8738.7337.9937.61

Fixed Assets

Gross Block5.897.147.157.167.076.356.826.856.977.32
Accumulated Depreciation0.520.770.981.181.351.021.131.411.692
Net Fixed Assets5.376.366.175.975.725.335.705.445.285.32
CWIP 0.990.960.941.121.121.180000
Investments 12.7212.7213.3612.7212.8212.7912.8012.8112.8112.82
Inventories0000000000
Trade Receivables00.191.282.263.894.954.584.713.422.50
Cash Equivalents 0.080.090.050.040.060.460.120.320.480.54
Others Assets2.5616.3517.1616.1915.0615.8415.6615.4615.9916.42
Total Assets 21.7136.6838.9638.2938.6640.5538.8738.7337.9937.61

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1.20-14.98-1.490.56-1.320.77-0.74-1.040.64-1.02
PBT 0.480.290.800.550.620.070.450.480.290.14
Adjustment -0.050.43-0.30-0.35-0.54-0.71-0.65-0.31-0.08-0.22
Changes in Working Capital 0.77-15.7-1.980.36-1.41.41-0.54-1.20.42-0.94
Tax Paid 0000000000
Cash Flow From Investing Activity -0.03-1.080.390.911.161.421.730.740.400.29
Capex 0-1.25-0.01-0.010.070.230.65-0.03-0.12-0.35
Net Investments 00-0.650-0.100.03-0.010.76-0.01-0.01
Others -0.030.161.050.921.191.171.1000.520.64
Cash Flow From Financing Activity -1.2416.081.06-1.490.18-1.79-1.330.49-0.870.80
Net Proceeds from Shares 015.0900000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.37-0.39-0.51-0.55-0.46-0.36-0.28-0.17-0.17-0.11
Dividend Paid 0000000000
Others -0.871.381.57-0.940.64-1.43-1.050.67-0.700.91
Net Cash Flow -0.070.01-0.04-0.020.020.41-0.340.190.170.06
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.631.051.911.341.620.160.811.030.660.27
ROCE (%)4.252.583.813.183.161.462.42.011.30.68
Asset Turnover Ratio0.030.090.030.020.040.020.010.030.040.05
PAT to CFO Conversion(x)3.43-68.09-2.711.44-2.6915.4-2.96-3.353.2-12.75
Working Capital Days
Receivable Days0282417187481,8984,8331,468995605
Inventory Days0000000000
Payable Days0000000000

Tarini International Ltd Stock News

Tarini International Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tarini International on 28-Mar-2024 16:01 is ₹11.93.
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 28-Mar-2024 16:01 the market cap of Tarini International stood at ₹15.51.
The latest P/E ratio of Tarini International as of 28-Mar-2024 16:01 is 184.6.
The latest P/B ratio of Tarini International as of 28-Mar-2024 16:01 is 0.50.
The 52-week high of Tarini International is ₹19.27 and the 52-week low is ₹4.11.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tarini International is ₹1.78 ( Cr.) .

About Tarini International Ltd

Tarini International was originally incorporated at Delhi as ‘Tarini International Private Limited’ on January 20, 1999, under the provisions of the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. The company was subsequently converted to a Public Limited Company and consequently the name was changed to ‘Tarini International Limited’ vide fresh certificate of incorporation dated 8th July, 2011 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. The company has been evolved as an engineering arm to provide financial and technical consultancy related to Hydro Power generation, Transmission and Distribution and Infrastructure. The company’s current projects are well geographically based in India and sub African Continent.

Over a period of time, the company has been developed as an integrated player providing turn-key services under one umbrella from designing, construction, generation, transmission and distribution. The company is also professionally competent to undertake projects from concept to commissioning. This entire set of activities, completes the value chain by providing the synergy of backward as well as forward integration. The company is well equipped with state of art tools and equipment and boasts of having a fleet of professionals capable of drawing up complete Detailed Project Report at the shortest period of time including detailed survey, geotechnical/ hydrological observations, land acquisition procedure and layouts ready for implementation.

Business area of the company

The company provides solutions to its clients depending on their requirements inter alia including feasibility studies, detailed project reports, techno economic feasibility reports, financial syndication, lender’s engineer services, basic and detailed engineering, bid process management, project management, cluster development, technical/ financial restructuring, energy audits, corporate debt restructuring, due diligence, qualitative and market research, and Consultation services etc.

Services of the company

Turnkey Projects in T&D: The company takes up Turnkey Projects in Transmission and Distribution by way of competitive bidding and or through negotiations. The company will now focus on African continent as it has abundance of natural resources leading to extensive mining activities involving continuous need of power. The region being power deficient, there are tremendous amount of opportunities for impending power infrastructure works.

Project refurbishment: The company undertakes preparation of detailed technical reports for the nonoperational projects to be refurbished covering technical aspects, cost estimations, engineering, designing and execution.

Project Developer: The company is developing its own, self-identified 5 MW Kanyatana mini small hydro project in Karnataka under IPP. The project is scheduled to be completed in 2 years time and is propose to generate approx. 35 million KWH annually.

Project Consultancy: The company provides technical consultancy services and pick up assignments for preparation of the Feasibility Reports / Detailed Project Reports for prospective Projects. The company provides technical consultancy along with framing of the Detailed Project Reports (DPRs) and detailed designing and engineering for small hydro-projects with various capacities from 3.5 to 100 MW, domestically. The company has been quite successful in its endeavors as the DPRs submitted to the stringent competent Authorities such as HPSEB, Central Design Organization of Narmada water resources Gujarat, Karnataka Renewable Energy Development (KREDL) Karnataka and Gujarat Irrigation Dept. Gujarat have extended appreciations with rave reviews and timely approvals.

 

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 Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.