Tapi Fruit Processing Ltd
Incorporated in 1999, Tapi Fruit Processing Ltd is a manufacturer of jelly based Fruit products and candies[1]
- Market Cap ₹ 39.0 Cr.
- Current Price ₹ 92.0
- High / Low ₹ 152 / 70.3
- Stock P/E
- Book Value ₹ 28.2
- Dividend Yield 0.00 %
- ROCE -1.87 %
- ROE -2.97 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 29.5 to 22.4 days.
Cons
- Stock is trading at 3.26 times its book value
- Company has low interest coverage ratio.
* 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
Sector: FMCG Industry: Food - Processing - Indian
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|
| 15.16 | 20.66 | 22.27 | 20.52 | |
| 13.99 | 20.14 | 21.96 | 20.81 | |
| Operating Profit | 1.17 | 0.52 | 0.31 | -0.29 |
| OPM % | 7.72% | 2.52% | 1.39% | -1.41% |
| 0.05 | 0.06 | 0.37 | 0.31 | |
| Interest | 0.43 | 0.16 | 0.06 | 0.06 |
| Depreciation | 0.58 | 0.62 | 0.77 | 0.87 |
| Profit before tax | 0.21 | -0.20 | -0.15 | -0.91 |
| Tax % | 28.57% | -5.00% | 13.33% | |
| 0.16 | -0.19 | -0.18 | -0.95 | |
| EPS in Rs | 6.40 | -0.49 | -0.43 | -2.28 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -516% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 0.25 | 3.91 | 4.17 | 4.17 |
| Reserves | 0.18 | 3.94 | 8.21 | 7.60 |
| 5.34 | 0.48 | 1.81 | 0.87 | |
| 2.26 | 1.42 | 0.75 | 2.90 | |
| Total Liabilities | 8.03 | 9.75 | 14.94 | 15.54 |
| 3.86 | 4.08 | 5.08 | 5.16 | |
| CWIP | 0.00 | 0.00 | 0.87 | 1.65 |
| Investments | 0.01 | 0.52 | 0.46 | 1.51 |
| 4.16 | 5.15 | 8.53 | 7.22 | |
| Total Assets | 8.03 | 9.75 | 14.94 | 15.54 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 0.98 | -1.15 | -0.11 | |
| -0.92 | -1.36 | -2.48 | |
| -0.19 | 2.60 | 5.98 | |
| Net Cash Flow | -0.13 | 0.09 | 3.39 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 33.47 | 32.51 | 22.45 |
| Inventory Days | 92.82 | 48.16 | 44.03 |
| Days Payable | 71.74 | 30.10 | 1.85 |
| Cash Conversion Cycle | 54.55 | 50.57 | 64.63 |
| Working Capital Days | 43.82 | 62.72 | 69.16 |
| ROCE % | -0.43% | -1.87% |
Documents
Announcements
-
Disclosure under SEBI Takeover Regulations
29 April 2025 - Promoter declares no new encumbrance on Tapi Fruit Processing shares in FY 2024-25.
-
Disclosure under SEBI Takeover Regulations
29 April 2025 - Ashokkumar Laljibhai Lukhi,Ghanshyam iibhai Lukhi , has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares …
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Disclosure under SEBI Takeover Regulations
29 April 2025 - Promoter declares no encumbrance of Tapi Fruit Processing shares in FY 2024-25.
-
Updates
10 April 2025 - Cancels Phase II expansion; focuses on fruit leathers and gummies; Phase I completion by May 2025
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 April 2025 - SEBI 74(5) certificate submitted for Q4 FY25 share dematerialization
Business Profile[1]
Established in 1999, Tapi Fruit Processing Limited, began as "Tapi Food Products," a home-scale food processing industry. Their name, TAPI, stands for Towards Agro Products Innovation.