Tai Industries Ltd

Tai Industries Ltd

₹ 40.4 -4.98%
28 Mar - close price
About

Incorporated in 1983, Tai Industries Ltd is engaged in marketing and distribution of processed food and drinks and trading
in Metals and Minerals.

Key Points

Brand:[1]
Company markets 'DRUK' brand of fruit products, manufactured by its group company-Bhutan Fruit Products Private Limited to hotels, clubs, hospitals, nursing homes, bakeries and confectioners.

  • Market Cap 24.3 Cr.
  • Current Price 40.4
  • High / Low 64.4 / 33.7
  • Stock P/E 17.0
  • Book Value 46.4
  • Dividend Yield 0.00 %
  • ROCE 26.1 %
  • ROE 18.7 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.87 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 20.3%
  • Earnings include an other income of Rs.2.47 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
66.19 65.96 69.17 61.75 79.99 89.91 61.71 69.68 50.92 72.36 59.76 27.85 26.24
66.01 65.61 67.57 61.23 77.46 89.45 61.46 69.32 51.35 71.83 60.03 28.23 26.34
Operating Profit 0.18 0.35 1.60 0.52 2.53 0.46 0.25 0.36 -0.43 0.53 -0.27 -0.38 -0.10
OPM % 0.27% 0.53% 2.31% 0.84% 3.16% 0.51% 0.41% 0.52% -0.84% 0.73% -0.45% -1.36% -0.38%
0.30 1.40 0.13 0.56 0.17 0.17 0.23 1.78 3.60 0.25 0.44 1.47 0.31
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02
Depreciation 0.07 0.06 0.06 0.06 0.08 0.08 0.06 0.06 0.06 0.08 0.07 0.09 0.10
Profit before tax 0.41 1.69 1.67 1.02 2.62 0.55 0.42 2.08 3.11 0.70 0.10 1.00 0.09
Tax % 85.37% -6.51% 23.95% 29.41% 26.72% 63.64% 21.43% 31.25% 29.58% 7.14% 90.00% 34.00% 0.00%
0.06 1.81 1.28 0.73 1.92 0.20 0.33 1.43 2.19 0.66 0.01 0.67 0.09
EPS in Rs 0.10 3.02 2.13 1.22 3.20 0.33 0.55 2.38 3.65 1.10 0.02 1.12 0.15
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
65 50 51 54 58 67 74 114 103 186 301 254 186
68 54 54 55 60 68 74 114 104 193 296 254 186
Operating Profit -2 -4 -3 -0 -1 -0 -0 1 -1 -7 5 1 -0
OPM % -4% -8% -6% -1% -3% -0% -0% 1% -1% -4% 2% 0% -0%
3 5 4 2 3 1 2 2 2 10 1 6 2
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 1 0 0 0 0 0 0
Profit before tax 0 1 1 1 1 1 0 2 0 3 6 6 2
Tax % 2% -5% 26% 6% -11% 10% -8% 8% -24% 10% 30% 27%
0 1 1 1 1 1 0 2 0 3 4 5 1
EPS in Rs 0.78 1.15 1.30 1.53 1.55 1.03 0.65 2.72 0.43 4.55 6.87 7.68 2.39
Dividend Payout % 0% 0% 54% 46% 32% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 18%
5 Years: 28%
3 Years: 35%
TTM: -32%
Compounded Profit Growth
10 Years: 21%
5 Years: 64%
3 Years: 143%
TTM: -66%
Stock Price CAGR
10 Years: 16%
5 Years: 34%
3 Years: 60%
1 Year: 4%
Return on Equity
10 Years: 10%
5 Years: 15%
3 Years: 19%
Last Year: 19%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 10 11 11 11 12 5 6 8 8 12 17 21 22
0 0 0 0 0 0 0 0 0 0 0 0 1
35 36 34 40 42 40 46 42 39 38 45 55 49
Total Liabilities 51 53 52 57 60 51 58 56 54 56 67 82 78
2 1 1 1 1 2 1 1 1 1 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1 1 1 1 1 2 2 3 3 3 4 4 4
49 50 50 56 58 48 55 52 50 52 62 78 73
Total Assets 51 53 52 57 60 51 58 56 54 56 67 82 78

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-2 -2 -1 -1 1 1 -1 1 2 -4 -1 -1
1 1 1 0 1 -0 1 0 1 2 0 4
0 -0 -0 -0 -1 -0 0 -0 0 0 0 0
Net Cash Flow -1 -1 -0 -0 2 -0 0 1 2 -2 -1 3

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 125 185 190 227 222 141 153 77 51 60 42 67
Inventory Days 29 37 20 17 18 18 18 13 10 2 4 6
Days Payable 163 231 226 268 258 213 236 129 91 55 39 67
Cash Conversion Cycle -8 -10 -15 -24 -17 -55 -65 -40 -30 7 7 5
Working Capital Days 25 60 16 15 8 32 33 19 15 15 15 20
ROCE % 4% 5% 7% 7% 6% 6% 4% 14% 2% 19% 30% 26%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
20.27% 20.27% 20.27% 20.27% 20.27% 20.27% 20.27% 20.27% 20.27% 20.27% 20.27% 20.27%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.00% 0.00% 0.00% 0.00% 0.00% 0.00%
79.73% 79.73% 79.73% 79.73% 79.73% 79.73% 74.73% 79.74% 79.74% 79.74% 79.74% 79.74%
No. of Shareholders 8,8868,8728,8375,6236,2396,2966,2955,7595,7445,6675,6515,203

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents