Tarsons Products Ltd

Tarsons Products Ltd

₹ 390 4.50%
13 Jun - close price
About

Tarsons Products Ltd. (TPL) is an Indian labware company engaged in the designing, development, manufacturing, and marketing of 'consumables', 'reusables' and 'others' including benchtop equipment, used in various laboratories across research organizations, academia institutes, pharmaceutical companies, Contract Research Organizations, Diagnostic companies, and hospitals[1]

Key Points

India’s Leading Labware Company[1]
One of the leading Indian labware company engaged in designing, development, manufacturing and marketing of consumables, reusables and others (including benchtop
equipment & instruments)

  • Market Cap 2,076 Cr.
  • Current Price 390
  • High / Low 544 / 280
  • Stock P/E 69.8
  • Book Value 118
  • Dividend Yield 0.51 %
  • ROCE 6.93 %
  • ROE 4.79 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 3.29 times its book value
  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
60 68 69 76 71 85 62 106 85 99 96 113
30 33 32 38 38 41 39 75 66 74 66 76
Operating Profit 31 35 37 38 33 44 23 30 19 25 30 37
OPM % 51% 52% 53% 51% 47% 52% 37% 29% 22% 26% 31% 33%
2 1 2 1 2 3 3 3 3 8 1 4
Interest 1 1 1 2 1 0 3 4 4 5 5 5
Depreciation 3 3 5 5 5 7 10 12 11 14 17 20
Profit before tax 28 32 33 34 29 39 14 17 6 15 8 16
Tax % 26% 25% 26% 26% 26% 25% 27% 40% 36% 31% 35% 34%
21 24 25 25 21 29 10 10 4 10 5 10
EPS in Rs 1,095.21 1,225.81 4.88 4.89 4.04 5.54 1.87 1.94 0.76 1.93 0.99 1.92
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2024 Mar 2025
229 301 296 392
125 148 196 282
Operating Profit 103 153 100 111
OPM % 45% 51% 34% 28%
5 8 11 16
Interest 3 4 10 19
Depreciation 14 22 40 62
Profit before tax 92 135 61 45
Tax % 25% 25% 30% 34%
69 101 43 30
EPS in Rs 3,583.25 18.92 8.01 5.60
Dividend Payout % 0% 0% 25% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 9%
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -33%
TTM: -30%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -18%
1 Year: -22%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2024 Mar 2025
Equity Capital 0.19 11 11 11
Reserves 244 479 602 620
34 22 269 339
18 33 90 111
Total Liabilities 296 544 972 1,080
120 189 336 536
CWIP 22 32 267 233
Investments 0 0 0 0
153 323 369 311
Total Assets 296 544 972 1,080

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2024 Mar 2025
68 83 103 114
-64 -138 -285 -145
-27 130 136 39
Net Cash Flow -23 75 -47 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2024 Mar 2025
Debtor Days 75 79 96 74
Inventory Days 277 478 572 355
Days Payable 35 75 65 44
Cash Conversion Cycle 317 482 602 385
Working Capital Days 108 150 193 156
ROCE % 35% 7%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
47.31% 47.31% 47.31% 47.31% 47.31% 47.31% 47.31% 47.31% 47.31% 47.31% 47.31% 47.31%
9.33% 9.90% 9.60% 9.16% 8.64% 7.85% 6.83% 8.16% 7.95% 8.04% 7.51% 9.53%
8.06% 8.13% 8.52% 8.45% 7.38% 3.15% 2.60% 0.17% 0.11% 0.21% 0.51% 0.30%
35.31% 34.67% 34.59% 35.09% 36.67% 41.68% 43.27% 44.36% 44.63% 44.45% 44.69% 42.89%
No. of Shareholders 1,12,2271,07,0111,07,9451,05,3041,07,4401,08,2361,07,5641,02,8661,05,33099,58696,92793,417

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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