Tapi Fruit Processing Ltd
Incorporated in 1999, Tapi Fruit Processing Ltd is engaged
in the manufacturing and selling of Jam and Jelly based products.[1]
- Market Cap ₹ 22.4 Cr.
- Current Price ₹ 52.0
- High / Low ₹ 105 / 45.1
- Stock P/E
- Book Value ₹ 23.7
- Dividend Yield 0.00 %
- ROCE -5.97 %
- ROE -16.5 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -12.0% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Packaged Foods
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 4.25 | 11.46 | 13.04 | 15.16 | 20.50 | 21.00 | 17.50 | 24.28 | |
| 4.05 | 10.48 | 12.13 | 13.99 | 19.99 | 20.76 | 18.27 | 22.80 | |
| Operating Profit | 0.20 | 0.98 | 0.91 | 1.17 | 0.51 | 0.24 | -0.77 | 1.48 |
| OPM % | 4.71% | 8.55% | 6.98% | 7.72% | 2.49% | 1.14% | -4.40% | 6.10% |
| 0.00 | 0.00 | 0.09 | 0.05 | 0.06 | 0.36 | 0.24 | 0.01 | |
| Interest | 0.19 | 0.48 | 0.42 | 0.43 | 0.16 | 0.07 | 0.10 | 0.68 |
| Depreciation | 0.14 | 0.44 | 0.47 | 0.58 | 0.62 | 0.77 | 0.93 | 2.68 |
| Profit before tax | -0.13 | 0.06 | 0.11 | 0.21 | -0.21 | -0.24 | -1.56 | -1.87 |
| Tax % | -46.15% | 100.00% | 9.09% | 28.57% | -9.52% | 4.17% | 1.28% | -3.21% |
| -0.07 | -0.01 | 0.10 | 0.16 | -0.19 | -0.25 | -1.57 | -1.82 | |
| EPS in Rs | -2.80 | -0.40 | 4.00 | 6.40 | -0.49 | -0.60 | -3.67 | -4.23 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 6% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -33% |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -11% |
| 3 Years: | -12% |
| Last Year: | -17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.25 | 0.25 | 0.25 | 0.25 | 3.91 | 4.17 | 4.27 | 4.30 |
| Reserves | -0.07 | -0.08 | 0.02 | 0.18 | 3.94 | 8.14 | 7.56 | 5.89 |
| 4.25 | 4.56 | 5.09 | 5.34 | 0.48 | 1.76 | 6.79 | 11.08 | |
| 1.06 | 1.17 | 2.02 | 2.26 | 1.30 | 0.59 | 2.67 | 3.67 | |
| Total Liabilities | 5.49 | 5.90 | 7.38 | 8.03 | 9.63 | 14.66 | 21.29 | 24.94 |
| 2.66 | 3.20 | 3.19 | 3.86 | 4.05 | 4.97 | 6.36 | 16.49 | |
| CWIP | 0.19 | 0.00 | 0.33 | 0.00 | 0.00 | 0.87 | 10.61 | 1.43 |
| Investments | 0.00 | 0.01 | 0.01 | 0.01 | 0.53 | 0.37 | 0.02 | 0.02 |
| 2.64 | 2.69 | 3.85 | 4.16 | 5.05 | 8.45 | 4.30 | 7.00 | |
| Total Assets | 5.49 | 5.90 | 7.38 | 8.03 | 9.63 | 14.66 | 21.29 | 24.94 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -1.33 | 1.10 | 0.71 | 0.98 | -1.26 | -0.23 | 2.33 | -0.55 | |
| -2.99 | -0.80 | -0.79 | -0.92 | -1.34 | -2.29 | -11.56 | -3.63 | |
| 4.34 | -0.17 | 0.11 | -0.19 | 2.60 | 5.98 | 5.76 | 4.17 | |
| Net Cash Flow | 0.02 | 0.13 | 0.02 | -0.13 | 0.00 | 3.46 | -3.47 | -0.01 |
| Free Cash Flow | -4.32 | 0.31 | -0.48 | 0.06 | -2.08 | -2.68 | -9.58 | -4.18 |
| CFO/OP | -665% | 112% | 81% | 87% | -247% | -96% | -303% | -37% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60.98 | 24.21 | 35.27 | 33.47 | 32.76 | 23.64 | 28.78 | 28.71 |
| Inventory Days | 173.22 | 85.06 | 105.97 | 92.82 | 48.63 | 46.46 | 57.57 | 69.21 |
| Days Payable | 112.59 | 52.07 | 79.59 | 71.74 | 30.40 | 0.99 | 60.09 | 63.26 |
| Cash Conversion Cycle | 121.60 | 57.20 | 61.64 | 54.55 | 51.00 | 69.11 | 26.27 | 34.66 |
| Working Capital Days | 35.21 | -7.01 | -0.84 | 6.50 | 61.25 | 58.23 | -2.09 | -27.81 |
| ROCE % | 11.79% | 10.51% | 11.68% | -0.57% | -2.59% | -10.28% | -5.97% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capital Investment on Energy Conservation Equipment INR Hundred |
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| Tapi Wellness Subsidiary Revenue Share of Consolidated Revenue % |
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| Total Permanent Employees employees |
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| Solar Power Generation units |
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Extracted by Screener AI
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; no rematerialisation requests received.
-
Bagging/Receiving of orders/contracts
- Tapi Fruit Processing received a Rs. 5.25 lakh domestic supply order from Shubham K-Mart on June 25, 2026.
-
Disclosure under SEBI Takeover Regulations
- Ashokkumar Laljibhai Lukhi, Ghanshyam Laljibhai Lukhi has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares …
-
Disclosure under SEBI Takeover Regulations
- Promoter declares no encumbrance of Tapi Fruit Processing shares during FY 2025-26.
-
Agreements
- Executed 59.86 lakh term loan with Indian Bank on 1 June 2026 under IND ECLGS 5.0.
Business Overview:[1]
TFPL is in the business of processing fruits and vegetables and selling them
as jams and jelly products.