Tirupati Foam Ltd

Tirupati Foam Ltd

₹ 73.0 -0.41%
02 Apr - close price
About

Incorporated in 1986, Tirupati Foam Ltd manufactures Polyurethane Foam and
their related articles[1]

Key Points

Business Overview:[1]
Company produces Highly Durable PU Foam in India with branded foam and comfort products under the name of Sweet Dream

  • Market Cap 32.2 Cr.
  • Current Price 73.0
  • High / Low 104 / 63.6
  • Stock P/E 16.8
  • Book Value 67.3
  • Dividend Yield 1.37 %
  • ROCE 10.0 %
  • ROE 6.70 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.09 times its book value
  • Debtor days have improved from 97.4 to 72.9 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.96% over past five years.
  • Company has a low return on equity of 6.00% over last 3 years.

* 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: Consumer Durables Industry: Miscellaneous

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
24.85 27.39 14.36 24.27 33.35 30.70 24.50 25.67 27.17 24.30 23.39 24.02 29.16
22.38 25.22 12.71 22.65 30.69 27.61 22.26 23.45 24.44 22.19 21.11 21.83 26.75
Operating Profit 2.47 2.17 1.65 1.62 2.66 3.09 2.24 2.22 2.73 2.11 2.28 2.19 2.41
OPM % 9.94% 7.92% 11.49% 6.67% 7.98% 10.07% 9.14% 8.65% 10.05% 8.68% 9.75% 9.12% 8.26%
0.00 0.09 0.03 0.09 0.07 0.08 0.08 0.08 0.13 0.14 0.11 0.11 0.10
Interest 0.99 1.16 1.17 1.12 1.16 1.01 1.10 1.12 1.43 1.18 1.23 1.22 1.19
Depreciation 0.38 0.39 0.47 0.56 0.62 0.65 0.55 0.56 0.57 0.58 0.50 0.50 0.50
Profit before tax 1.10 0.71 0.04 0.03 0.95 1.51 0.67 0.62 0.86 0.49 0.66 0.58 0.82
Tax % 27.27% 28.17% 50.00% 33.33% 21.05% 32.45% 26.87% 29.03% 26.74% 30.61% 27.27% 17.24% 24.39%
0.81 0.50 0.03 0.03 0.74 1.03 0.49 0.44 0.63 0.34 0.48 0.48 0.61
EPS in Rs 1.84 1.13 0.07 0.07 1.68 2.34 1.11 1.00 1.43 0.77 1.09 1.09 1.38
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
61 77 92 86 77 72 97 103 80 74 103 102 101
56 70 84 77 68 64 88 93 70 66 94 92 92
Operating Profit 5 7 9 10 9 8 9 10 9 8 9 9 9
OPM % 8% 9% 9% 11% 12% 10% 9% 9% 12% 10% 9% 9% 9%
0 1 0 0 0 1 1 0 1 0 0 0 0
Interest 3 5 5 5 5 4 4 5 5 5 4 5 5
Depreciation 1 2 2 3 2 2 2 2 2 2 2 2 2
Profit before tax 2 1 2 2 2 2 3 4 3 2 3 3 3
Tax % 33% 32% 30% 34% 33% 34% 33% 28% 25% 30% 28% 28%
1 1 1 1 2 2 2 3 2 1 2 2 2
EPS in Rs 2.56 1.27 2.86 3.00 3.47 3.68 4.95 6.01 5.38 2.47 4.15 4.31 4.33
Dividend Payout % 47% 0% 53% 57% 58% 55% 41% 25% 0% 0% 0% 116%
Compounded Sales Growth
10 Years: 3%
5 Years: 1%
3 Years: 8%
TTM: -7%
Compounded Profit Growth
10 Years: 13%
5 Years: -3%
3 Years: -5%
TTM: -26%
Stock Price CAGR
10 Years: %
5 Years: -5%
3 Years: 4%
1 Year: 7%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 6%
Last Year: 7%

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 4 4 4 4 4 4 4 4 4 4 4 4 4
Reserves 12 13 13 14 14 16 17 19 20 21 23 25 25
35 42 44 40 32 34 37 44 49 55 46 47 45
8 12 12 11 9 14 11 10 12 14 18 12 14
Total Liabilities 59 72 74 69 60 69 70 76 85 95 91 87 89
27 27 26 25 23 23 21 31 33 37 40 39 38
CWIP 0 0 0 0 0 0 0 0 4 2 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
33 45 48 45 37 46 48 46 48 56 51 49 51
Total Assets 59 72 74 69 60 69 70 76 85 95 91 87 89

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
3 1 5 11 13 6 3 5 9 6 15 5
-11 -2 -1 -1 -0 -1 -2 -8 -6 -2 -1 -1
9 2 -4 -10 -13 -3 -3 3 -3 -2 -14 -4
Net Cash Flow -0 0 0 -1 0 2 -2 0 0 2 -0 0

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 120 127 122 126 127 125 91 96 126 135 84 73
Inventory Days 71 83 62 68 48 101 80 67 98 144 102 107
Days Payable 35 56 46 50 43 85 48 39 71 86 72 46
Cash Conversion Cycle 156 154 138 143 132 142 122 124 153 194 114 133
Working Capital Days 138 143 128 130 119 134 120 122 155 195 111 124
ROCE % 10% 10% 11% 12% 13% 12% 13% 13% 12% 8% 9%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
71.14% 71.14% 71.14% 71.14% 71.14% 71.14% 71.14% 71.14% 71.14% 71.14% 71.14% 71.14%
28.86% 28.86% 28.86% 28.86% 28.86% 28.86% 28.85% 28.85% 28.85% 28.85% 28.86% 28.85%
No. of Shareholders 9389389389219289459469589599581,0091,006

Documents