Tanfac Industries Ltd
Incorporated in 1972, Tanfac Industries Ltd is a joint sector company promoted by Aditya Birla Group, which holds 25% stake in the company, and Tamil Nadu Industrial Development Corporation (TIDCO). The company began commercial production in March 1985 and is amongst the leading producers of Hydrofluoric Acid and its derivatives.
- Market Cap ₹ 1,011 Cr.
- Current Price ₹ 1,013
- High / Low ₹ 1,245 / 434
- Stock P/E 24.8
- Book Value ₹ 146
- Dividend Yield 0.87 %
- ROCE 67.1 %
- ROE 48.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.8%
- Debtor days have improved from 35.9 to 28.4 days.
- Company's working capital requirements have reduced from 45.1 days to 33.4 days
Cons
- Stock is trading at 7.01 times its book value
* 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.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
154 | 148 | 146 | 117 | 120 | 133 | 126 | 162 | 222 | 165 | 148 | 320 | 327 | |
139 | 153 | 144 | 106 | 112 | 125 | 112 | 141 | 169 | 138 | 115 | 244 | 268 | |
Operating Profit | 15 | -5 | 2 | 11 | 8 | 9 | 14 | 21 | 53 | 27 | 33 | 76 | 59 |
OPM % | 10% | -3% | 1% | 10% | 7% | 7% | 11% | 13% | 24% | 16% | 22% | 24% | 18% |
2 | 0 | 5 | 0 | 1 | 4 | 1 | 0 | 1 | 1 | 1 | 3 | 3 | |
Interest | 9 | 10 | 12 | 10 | 10 | 8 | 7 | 7 | 4 | 2 | 1 | 2 | 1 |
Depreciation | 5 | 7 | 10 | 7 | 6 | 5 | 5 | 5 | 8 | 5 | 8 | 6 | 6 |
Profit before tax | 2 | -22 | -15 | -6 | -7 | 0 | 3 | 10 | 42 | 22 | 25 | 72 | 55 |
Tax % | -29% | -12% | 26% | 45% | 20% | -8% | 0% | 1% | 14% | 22% | 30% | 26% | |
Net Profit | 3 | -24 | -11 | -3 | -5 | 0 | 3 | 10 | 36 | 17 | 17 | 53 | 41 |
EPS in Rs | 3.00 | -24.16 | -11.38 | -3.04 | -5.30 | 0.40 | 3.30 | 9.70 | 36.06 | 17.01 | 17.51 | 53.41 | 40.91 |
Dividend Payout % | 17% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 20% |
3 Years: | 13% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 74% |
3 Years: | 13% |
TTM: | -12% |
Stock Price CAGR | |
---|---|
10 Years: | 52% |
5 Years: | 57% |
3 Years: | 105% |
1 Year: | 60% |
Return on Equity | |
---|---|
10 Years: | 32% |
5 Years: | 46% |
3 Years: | 36% |
Last Year: | 48% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 10 | 10 | 10 | 15 | 15 | 10 | 17 | 16 | 10 | 10 | 10 | 10 | |
Reserves | 34 | 10 | -2 | -5 | -10 | -10 | -7 | 3 | 38 | 55 | 73 | 124 | 136 |
64 | 93 | 79 | 70 | 64 | 56 | 54 | 37 | 6 | 0 | 0 | 0 | 0 | |
31 | 28 | 20 | 31 | 31 | 35 | 20 | 36 | 53 | 24 | 37 | 49 | 46 | |
Total Liabilities | 139 | 142 | 107 | 106 | 95 | 91 | 77 | 86 | 107 | 89 | 120 | 182 | 191 |
77 | 74 | 65 | 59 | 53 | 49 | 45 | 41 | 34 | 33 | 40 | 40 | 48 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 6 | 3 | 12 | 8 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 23 | 42 | 48 |
62 | 67 | 42 | 46 | 42 | 42 | 31 | 44 | 71 | 49 | 55 | 88 | 89 | |
Total Assets | 139 | 142 | 107 | 106 | 95 | 91 | 77 | 86 | 107 | 89 | 120 | 182 | 191 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | -17 | 26 | 19 | 9 | 16 | 16 | 17 | 37 | 22 | 37 | 45 | |
-4 | -3 | -0 | -0 | 0 | -1 | -1 | -1 | -3 | -9 | -34 | -36 | |
-24 | 20 | -26 | -19 | -10 | -15 | -15 | -17 | -34 | -12 | -1 | -5 | |
Net Cash Flow | -0 | 0 | -0 | -0 | -0 | -0 | 0 | -0 | 0 | -0 | 2 | 5 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 46 | 54 | 38 | 56 | 52 | 54 | 46 | 44 | 38 | 40 | 40 | 28 |
Inventory Days | 99 | 135 | 68 | 136 | 106 | 82 | 66 | 75 | 107 | 75 | 134 | 91 |
Days Payable | 92 | 59 | 36 | 113 | 89 | 97 | 69 | 74 | 90 | 47 | 142 | 76 |
Cash Conversion Cycle | 54 | 129 | 70 | 80 | 68 | 39 | 42 | 45 | 54 | 67 | 31 | 43 |
Working Capital Days | 60 | 94 | 53 | 38 | 40 | 30 | 29 | 30 | 46 | 66 | 36 | 33 |
ROCE % | 10% | -6% | -10% | 6% | 4% | 7% | 18% | 29% | 78% | 37% | 35% | 67% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jan
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Jan - Published Standalone Unaudited Financial Results for the quarter and period ended 31st December, 2022 in Newspapers.
Annual reports
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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
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Financial Year 2011
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Financial Year 2010
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Product Portfolio:[1]
Tanfac is engaged in the manufacture of inorganic fluorine based chemicals like Anhydrous Hydrofluoric acid, Sulphuric Acid, Oleum, Aluminum Fluoride, Potassium Fluoride, Potassium Bifluoride, Boron Trifluoride Complexes, Calcium Sulphate (Gypsum), IsoButyl Acetophenone, Acetic Acid, Peracetic Acid and Poly Aluminum Chloride, etc.