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 ₹ 199 Cr.
- Current Price ₹ 213
- High / Low ₹ 259 / 155
- Stock P/E 24.7
- Book Value ₹ 184
- Dividend Yield 1.41 %
- ROCE 7.91 %
- ROE 6.29 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.16 times its book value
- Company has delivered good profit growth of 60.4% CAGR over last 5 years
Cons
- Company has a low return on equity of 4.56% over last 3 years.
- Earnings include an other income of Rs.10.2 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9.73 | 9.44 | 5.73 | 11.48 | 11.53 | 10.58 | 6.47 | 7.72 | 12.83 | 18.03 | 16.42 | 17.83 | 17.77 | |
| 10.73 | 11.85 | 8.11 | 14.37 | 14.93 | 12.56 | 8.90 | 11.43 | 18.26 | 19.12 | 15.15 | 17.38 | 17.25 | |
| Operating Profit | -1.00 | -2.41 | -2.38 | -2.89 | -3.40 | -1.98 | -2.43 | -3.71 | -5.43 | -1.09 | 1.27 | 0.45 | 0.52 |
| OPM % | -10.28% | -25.53% | -41.54% | -25.17% | -29.49% | -18.71% | -37.56% | -48.06% | -42.32% | -6.05% | 7.73% | 2.52% | 2.93% |
| 3.88 | 6.89 | 9.74 | 9.69 | 5.64 | 6.86 | 2.62 | 4.81 | 9.77 | 7.06 | 5.40 | 13.23 | 10.23 | |
| Interest | 0.02 | 0.10 | 0.08 | 0.04 | 0.04 | 0.03 | 0.04 | 0.35 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.76 | 0.52 | 0.54 | 0.39 | 0.41 | 0.50 | 0.48 | 0.38 | 0.44 | 0.42 | 0.38 | 0.35 | 0.31 |
| Profit before tax | 2.10 | 3.86 | 6.74 | 6.37 | 1.79 | 4.35 | -0.33 | 0.37 | 3.89 | 5.54 | 6.28 | 13.33 | 10.44 |
| Tax % | 3.33% | 0.26% | 0.00% | 0.00% | -15.08% | 0.46% | 0.00% | 0.00% | 15.68% | 13.18% | 21.66% | 19.13% | |
| 2.03 | 3.86 | 6.74 | 6.37 | 2.05 | 4.34 | -0.32 | 0.37 | 3.28 | 4.81 | 4.92 | 10.79 | 8.01 | |
| EPS in Rs | 2.17 | 4.12 | 7.20 | 6.80 | 2.19 | 4.63 | -0.34 | 0.40 | 3.50 | 5.14 | 5.25 | 11.52 | 8.55 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 26.02% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 22% |
| 3 Years: | 12% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 60% |
| 3 Years: | 71% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 22% |
| 3 Years: | 19% |
| 1 Year: | -4% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.36 | 9.36 | 9.36 | 9.36 | 9.36 | 9.36 | 9.36 | 9.36 | 9.36 | 9.36 | 9.36 | 9.36 |
| Reserves | 31.21 | 35.07 | 57.96 | 66.09 | 67.61 | 76.42 | 88.59 | 80.88 | 89.36 | 108.18 | 144.26 | 162.82 |
| 0.00 | 0.80 | 0.36 | 0.18 | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 1.55 | 1.35 | 1.71 | 1.66 | 2.45 | 2.95 | 2.36 | 1.31 | 0.72 | 5.66 | 13.53 | 15.33 | |
| Total Liabilities | 42.12 | 46.58 | 69.39 | 77.29 | 79.42 | 88.77 | 100.31 | 91.55 | 99.44 | 123.20 | 167.15 | 187.51 |
| 2.71 | 3.30 | 3.24 | 2.94 | 3.11 | 2.70 | 2.72 | 2.94 | 3.58 | 3.16 | 2.78 | 2.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 20.73 | 25.08 | 46.69 | 52.61 | 53.55 | 62.82 | 80.70 | 74.38 | 88.76 | 117.18 | 159.80 | 181.42 |
| 18.68 | 18.20 | 19.46 | 21.74 | 22.76 | 23.25 | 16.89 | 14.23 | 7.10 | 2.86 | 4.57 | 4.09 | |
| Total Assets | 42.12 | 46.58 | 69.39 | 77.29 | 79.42 | 88.77 | 100.31 | 91.55 | 99.44 | 123.20 | 167.15 | 187.51 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.57 | -5.61 | -0.37 | -3.44 | -2.40 | -7.43 | 3.66 | -2.09 | -5.54 | 11.96 | -0.94 | -2.01 | |
| 1.22 | 4.18 | 1.08 | 4.82 | 3.77 | 4.77 | -3.01 | 2.32 | 5.45 | -12.06 | 2.05 | 4.03 | |
| -0.01 | 0.70 | -0.51 | -0.23 | -0.04 | -0.08 | -0.04 | -0.35 | -0.01 | -0.01 | -0.01 | -2.81 | |
| Net Cash Flow | -0.37 | -0.73 | 0.20 | 1.16 | 1.33 | -2.74 | 0.61 | -0.12 | -0.10 | -0.11 | 1.10 | -0.78 |
| Free Cash Flow | -1.57 | -7.06 | -0.85 | -3.53 | -2.95 | -7.84 | 3.17 | -2.69 | -6.62 | 12.09 | -0.94 | -1.11 |
| CFO/OP | 143% | 226% | 23% | 126% | 76% | 381% | -155% | 54% | 92% | -1,188% | 24% | 102% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 88.91 | 103.24 | 70.07 | 52.14 | 20.58 | 85.90 | 135.39 | 24.59 | 18.21 | 8.30 | 23.79 | 26.20 |
| Inventory Days | 139.70 | 168.06 | 394.27 | 167.16 | 208.52 | 179.74 | 280.66 | 239.23 | 73.92 | 33.16 | 42.57 | 37.65 |
| Days Payable | 27.28 | 19.41 | 72.35 | 32.09 | 55.65 | 83.09 | 97.47 | 18.80 | 4.60 | 2.30 | 2.27 | 1.91 |
| Cash Conversion Cycle | 201.32 | 251.89 | 391.99 | 187.21 | 173.44 | 182.56 | 318.59 | 245.01 | 87.53 | 39.16 | 64.09 | 61.94 |
| Working Capital Days | 174.81 | 271.82 | 348.44 | 211.43 | 218.11 | 176.98 | 306.89 | 189.12 | 93.31 | 41.70 | 57.13 | 53.02 |
| ROCE % | 3.94% | 8.28% | 11.16% | 8.49% | 1.77% | 5.25% | -1.26% | -3.17% | 2.74% | 4.24% | 4.24% | 7.91% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employees on Rolls count |
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| Plastic Sheets Share of Total External Revenue % |
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| Power & Fuel Cost per Kg of Production INR/Kg |
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| Production Volume Kgs |
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| Revenue Share from Single Major Customer % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Enclosed herewith clipping of Newspaper Advertisement titled "Notice of 41st Annual General Meeting and E-Voting Information" published today i.e., August 11, 2026.
- Reg. 34 (1) Annual Report.
- Submission Of Notice Convening The 41St Annual General Meeting (AGM) Of Tainwala Chemicals & Plastics (India) Limited (The Company)
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Enclosed herewith clipping of a Newspaper Advertisement giving Public Notice to Shareholders for 41st Annual General Meeting of the Company to be held through VC/OAVM …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- We are enclosing herewith the newspaper publication in respect of the Record Date for payment of the Interim Dividend for FY 2026-2027.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
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.