Tainwala Chemicals & Plastics (India) Ltd
Incorporated in 1985, Tainwala Chemicals
& Plastics Ltd does manufacturing of plastic sheets and trading of commodity and share[1]
- Market Cap ₹ 168 Cr.
- Current Price ₹ 179
- High / Low ₹ 275 / 155
- Stock P/E 15.8
- Book Value ₹ 184
- Dividend Yield 1.67 %
- ROCE 4.24 %
- ROE 3.31 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.98 times its book value
- Company is expected to give good quarter
Cons
- Company has a low return on equity of 3.12% over last 3 years.
- Earnings include an other income of Rs.11.1 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8 | 10 | 9 | 6 | 11 | 12 | 11 | 6 | 8 | 13 | 18 | 16 | 22 | |
| 9 | 11 | 12 | 8 | 14 | 15 | 13 | 9 | 11 | 18 | 19 | 15 | 19 | |
| Operating Profit | -1 | -1 | -2 | -2 | -3 | -3 | -2 | -2 | -4 | -5 | -1 | 1 | 2 |
| OPM % | -8% | -10% | -26% | -42% | -25% | -29% | -19% | -38% | -48% | -42% | -6% | 8% | 11% |
| 2 | 4 | 7 | 10 | 10 | 6 | 7 | 3 | 5 | 10 | 7 | 5 | 11 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 2 | 4 | 7 | 6 | 2 | 4 | -0 | 0 | 4 | 6 | 6 | 13 |
| Tax % | 17% | 3% | 0% | 0% | 0% | -15% | 0% | 0% | 0% | 16% | 13% | 22% | |
| 0 | 2 | 4 | 7 | 6 | 2 | 4 | -0 | 0 | 3 | 5 | 5 | 11 | |
| EPS in Rs | 0.32 | 2.17 | 4.12 | 7.20 | 6.80 | 2.19 | 4.63 | -0.34 | 0.40 | 3.50 | 5.14 | 5.25 | 11.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 9% |
| 3 Years: | 29% |
| TTM: | 83% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 1% |
| 3 Years: | 50% |
| TTM: | 170% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 20% |
| 3 Years: | 19% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 1% |
| 3 Years: | 3% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 30 | 31 | 35 | 58 | 66 | 68 | 76 | 89 | 81 | 89 | 108 | 144 | 163 |
| 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 1 | 2 | 1 | 2 | 2 | 2 | 3 | 2 | 1 | 1 | 6 | 14 | 16 | |
| Total Liabilities | 40 | 42 | 47 | 69 | 77 | 79 | 89 | 100 | 92 | 99 | 123 | 167 | 188 |
| 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 20 | 21 | 25 | 47 | 53 | 54 | 63 | 81 | 74 | 89 | 117 | 160 | 179 |
| 17 | 19 | 18 | 19 | 22 | 23 | 23 | 17 | 14 | 7 | 3 | 5 | 7 | |
| Total Assets | 40 | 42 | 47 | 69 | 77 | 79 | 89 | 100 | 92 | 99 | 123 | 167 | 188 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -2 | -6 | -0 | -3 | -2 | -7 | 4 | -2 | -6 | 12 | -1 | |
| -4 | 1 | 4 | 1 | 5 | 4 | 5 | -3 | 2 | 5 | -12 | 2 | |
| -0 | -0 | 1 | -1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| Net Cash Flow | -4 | -0 | -1 | 0 | 1 | 1 | -3 | 1 | -0 | -0 | -0 | 1 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 25 | 89 | 103 | 70 | 52 | 21 | 86 | 135 | 25 | 18 | 8 | 24 |
| Inventory Days | 262 | 140 | 168 | 394 | 167 | 209 | 180 | 281 | 239 | 74 | 33 | 43 |
| Days Payable | 12 | 27 | 19 | 72 | 32 | 56 | 83 | 97 | 19 | 5 | 2 | 2 |
| Cash Conversion Cycle | 275 | 201 | 252 | 392 | 187 | 173 | 183 | 319 | 245 | 88 | 39 | 64 |
| Working Capital Days | 185 | 175 | 272 | 348 | 211 | 218 | 177 | 307 | 189 | 93 | 42 | 57 |
| ROCE % | 0% | 4% | 8% | 11% | 8% | 2% | 5% | -1% | -3% | 3% | 4% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Feb - Clipping of the newspaper advertisement titled "Statement of Unaudited Financial Results for the Quarter and Nine Months ended on 31st December, 2025 published on Thursday, …
- Results-Financial Results For The Quarter Ended December 31, 2025 11 Feb
-
Board Meeting Outcome for Board Meeting Held On Wednesday, 11Th February, 2026
11 Feb - Board approved Q3/9M Dec-31-2025 results: Q3 profit Rs338.66L; 9M profit Rs1,007.52L; LR unqualified
-
Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2025
2 Feb - Board meeting on 11 Feb 2026 to approve unaudited Q3 and nine-month results ended 31 Dec 2025.
-
Report On Re-Lodgment Of Transfer Requests Of Physical Shares.
8 Jan - Jan 8, 2026 report: zero re-lodgment requests for physical share transfers as of Dec 31, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Business Overview:[1][2]
TCPL is a flagship company of Tainwala Group. It does manufacturing of extruded plastic sheets of various polymers like PVC, PP, PPGL, HDPE, ABS etc. from 0.5 mm to 30 mm thickness. Company had technical collaboration with Cincinnati Milacron in Austria for manufacturing PVC Sheets, and Amut Spa in Italy for expansion of its plastic sheet extrusion business. These sheets are very good substitutes for conventional materials like wood, metal etc. due to its advantages of being tough, light and anti-corrosive.