Tapi Fruit Processing Ltd
Incorporated in 1999, Tapi Fruit Processing Ltd is a manufacturer of jelly based Fruit products and candies[1]
- Market Cap ₹ 42.9 Cr.
- Current Price ₹ 99.7
- High / Low ₹ 122 / 70.3
- Stock P/E
- Book Value ₹ 28.2
- Dividend Yield 0.00 %
- ROCE -8.91 %
- ROE -13.5 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.54 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -8.05% 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.
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 | Mar 2025 | |
|---|---|---|---|---|
| 15.16 | 20.66 | 22.27 | 20.19 | |
| 13.99 | 20.14 | 21.96 | 20.73 | |
| Operating Profit | 1.17 | 0.52 | 0.31 | -0.54 |
| OPM % | 7.72% | 2.52% | 1.39% | -2.67% |
| 0.05 | 0.06 | 0.37 | 0.24 | |
| Interest | 0.43 | 0.16 | 0.06 | 0.10 |
| Depreciation | 0.58 | 0.62 | 0.77 | 0.95 |
| Profit before tax | 0.21 | -0.20 | -0.15 | -1.35 |
| Tax % | 28.57% | -5.00% | 13.33% | 5.93% |
| 0.16 | -0.19 | -0.18 | -1.43 | |
| EPS in Rs | 6.40 | -0.49 | -0.43 | -3.35 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -450% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -8% |
| Last Year: | -14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.25 | 3.91 | 4.17 | 4.27 |
| Reserves | 0.18 | 3.94 | 8.21 | 7.78 |
| 5.34 | 0.48 | 1.76 | 6.79 | |
| 2.26 | 1.42 | 0.80 | 2.94 | |
| Total Liabilities | 8.03 | 9.75 | 14.94 | 21.78 |
| 3.86 | 4.08 | 5.08 | 6.45 | |
| CWIP | 0.00 | 0.00 | 0.87 | 10.61 |
| Investments | 0.01 | 0.52 | 0.46 | 0.01 |
| 4.16 | 5.15 | 8.53 | 4.71 | |
| Total Assets | 8.03 | 9.75 | 14.94 | 21.78 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0.98 | -1.15 | -0.11 | 2.18 | |
| -0.92 | -1.36 | -2.48 | -11.47 | |
| -0.19 | 2.60 | 5.98 | 5.82 | |
| Net Cash Flow | -0.13 | 0.09 | 3.39 | -3.47 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 33.47 | 32.51 | 22.45 | 25.85 |
| Inventory Days | 92.82 | 48.16 | 44.03 | 49.35 |
| Days Payable | 71.74 | 30.10 | 1.85 | 51.26 |
| Cash Conversion Cycle | 54.55 | 50.57 | 64.63 | 23.94 |
| Working Capital Days | 6.50 | 58.65 | 52.45 | 1.27 |
| ROCE % | -0.43% | -1.87% | -8.91% |
Documents
Announcements
-
Product launch
11 September 2025 - Tapi Fruit Processing launches 'Fruit Papad' in domestic FMCG market on 11-09-2025.
-
Copy of Newspaper Publication
1 September 2025 - Newspaper publication of AGM notice for Sep 26, 2025; cut-off date and e-voting schedule published.
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Record Date
30 August 2025 - AGM Sep 26, 2025; seek shareholder approval for Rs25cr and Rs5cr RPTs; MD/WTD remuneration approval, audited accounts adoption, director reappointment included, e-voting Sep 23-25, 2025
-
General Updates
30 August 2025 - 7th AGM on 26 Sep 2025; Annual Report FY2024-25 available online; e-voting 23–25 Sep (cut-off 19 Sep).
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Shareholders meeting
30 August 2025 - AGM on Sep 26, 2025; approvals sought for RPTs Rs25Cr & Rs5Cr, MD/WTD remuneration.
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.