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 ₹ 187 Cr.
- Current Price ₹ 200
- High / Low ₹ 275 / 155
- Stock P/E 17.4
- Book Value ₹ 184
- Dividend Yield 1.50 %
- ROCE 8.18 %
- ROE 6.62 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.09 times its book value
- Company has delivered good profit growth of 61.7% CAGR over last 5 years
Cons
- Company has a low return on equity of 4.74% over last 3 years.
- Earnings include an other income of Rs.13.2 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 9 | 6 | 11 | 12 | 11 | 6 | 8 | 13 | 18 | 16 | 18 | |
| 11 | 12 | 8 | 14 | 15 | 13 | 9 | 11 | 18 | 19 | 15 | 17 | |
| Operating Profit | -1 | -2 | -2 | -3 | -3 | -2 | -2 | -4 | -5 | -1 | 1 | 0 |
| OPM % | -10% | -26% | -42% | -25% | -29% | -19% | -38% | -48% | -42% | -6% | 8% | 3% |
| 4 | 7 | 10 | 10 | 6 | 7 | 3 | 5 | 10 | 7 | 5 | 13 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 4 | 7 | 6 | 2 | 4 | -0 | 0 | 4 | 6 | 6 | 13 |
| Tax % | 3% | 0% | 0% | 0% | -15% | 0% | 0% | 0% | 16% | 13% | 22% | 19% |
| 2 | 4 | 7 | 6 | 2 | 4 | -0 | 0 | 3 | 5 | 5 | 11 | |
| 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 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 22% |
| 3 Years: | 12% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 62% |
| 3 Years: | 74% |
| TTM: | 140% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 21% |
| 3 Years: | 15% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| Last Year: | 7% |
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 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 31 | 35 | 58 | 66 | 68 | 76 | 89 | 81 | 89 | 108 | 144 | 163 |
| 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2 | 1 | 2 | 2 | 2 | 3 | 2 | 1 | 1 | 6 | 14 | 15 | |
| Total Liabilities | 42 | 47 | 69 | 77 | 79 | 89 | 100 | 92 | 99 | 123 | 167 | 188 |
| 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 21 | 25 | 47 | 53 | 54 | 63 | 81 | 74 | 89 | 117 | 160 | 181 |
| 19 | 18 | 19 | 22 | 23 | 23 | 17 | 14 | 7 | 3 | 5 | 4 | |
| Total Assets | 42 | 47 | 69 | 77 | 79 | 89 | 100 | 92 | 99 | 123 | 167 | 188 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2 | -6 | -0 | -3 | -2 | -7 | 4 | -2 | -6 | 12 | -1 | -2 | |
| 1 | 4 | 1 | 5 | 4 | 5 | -3 | 2 | 5 | -12 | 2 | 4 | |
| -0 | 1 | -1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -3 | |
| Net Cash Flow | -0 | -1 | 0 | 1 | 1 | -3 | 1 | -0 | -0 | -0 | 1 | -1 |
| Free Cash Flow | -2 | -7 | -1 | -4 | -3 | -8 | 3 | -3 | -7 | 12 | -1 | -1 |
| 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 | 89 | 103 | 70 | 52 | 21 | 86 | 135 | 25 | 18 | 8 | 24 | 26 |
| Inventory Days | 140 | 168 | 394 | 167 | 209 | 180 | 281 | 239 | 74 | 33 | 43 | 38 |
| Days Payable | 27 | 19 | 72 | 32 | 56 | 83 | 97 | 19 | 5 | 2 | 2 | 2 |
| Cash Conversion Cycle | 201 | 252 | 392 | 187 | 173 | 183 | 319 | 245 | 88 | 39 | 64 | 62 |
| Working Capital Days | 175 | 272 | 348 | 211 | 218 | 177 | 307 | 189 | 93 | 42 | 57 | 53 |
| ROCE % | 4% | 8% | 11% | 8% | 2% | 5% | -1% | -3% | 3% | 4% | 4% | 8% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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| Power and Fuel Cost per Kg of Production INR |
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| Production Volume - Plastic Sheets Kgs |
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Extracted by Screener AI
Documents
Announcements
-
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
1d - Rakesh Dungarmal Tainwala received 5,86,464 shares from Rajkumar Tainwala as a gift.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 2d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
-
Revised Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
27 May - Rakesh Tainwala revises proposed gift acquisition to 5,86,464 shares, or 6.26%, effective on/after June 1, 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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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.