Tide Water Oil Co (I) Ltd

Tide Water Oil Company India is mainly engaged in the business of manufacturing and marketing of lubricants.

Pros:
Company is virtually debt free.
Stock is providing a good dividend yield of 5.10%.
Promoter's stake has increased
Company has been maintaining a healthy dividend payout of 64.51%
Cons:
The company has delivered a poor growth of 5.38% over past five years.

Peer Comparison Sector: Chemicals // Industry: Chemicals

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
219 242 257 218 266 292 298 290 284 308 311 296
198 215 215 196 237 259 257 256 256 283 278 267
Operating Profit 22 27 42 22 29 33 41 33 28 26 34 29
OPM % 10% 11% 16% 10% 11% 11% 14% 12% 10% 8% 11% 10%
Other Income 8 8 7 5 10 9 6 4 11 8 12 7
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 2 2 2 2 2 2 2
Profit before tax 28 32 47 25 37 40 46 36 37 31 43 33
Tax % 34% 30% 27% 34% 36% 26% 38% 34% 34% 35% 34% 34%
Net Profit 18 23 34 16 23 29 28 23 25 20 28 22
EPS in Rs 52.00 67.00 101.00 48.00 68.00 86.00 83.00 68.90 73.00 59.00 84.00 63.78
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
407 481 565 692 801 867 918 956 935 962 1,074 1,193 1,199
373 435 474 594 715 774 816 868 794 830 949 1,072 1,083
Operating Profit 34 46 91 97 86 93 103 87 141 132 125 121 117
OPM % 8% 10% 16% 14% 11% 11% 11% 9% 15% 14% 12% 10% 10%
Other Income 6 7 6 7 11 10 10 163 -1 28 30 35 38
Interest 3 3 2 0 1 0 0 0 0 1 1 1 1
Depreciation 2 3 6 10 9 9 9 7 7 7 8 8 8
Profit before tax 35 46 89 94 86 94 104 243 133 151 147 147 144
Tax % 34% 40% 35% 32% 31% 33% 34% 30% 38% 32% 34% 34%
Net Profit 23 28 58 64 59 63 68 171 83 103 97 97 95
EPS in Rs 65.78 77.90 164.00 181.93 164.88 174.46 201.00 503.41 218.65 302.74 285.09 284.47 279.78
Dividend Payout % 8% 9% 8% 8% 18% 21% 25% 17% 52% 50% 61% 83%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:9.51%
5 Years:5.38%
3 Years:8.47%
TTM:4.62%
Compounded Profit Growth
10 Years:13.37%
5 Years:6.50%
3 Years:-0.44%
TTM:-8.73%
Return on Equity
10 Years:18.03%
5 Years:15.78%
3 Years:15.56%
Last Year:14.84%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
1 1 1 1 1 1 1 1 2 2 2 2
Reserves 126 150 203 261 308 338 386 516 599 627 654 645
Borrowings 6 3 0 0 0 0 0 0 0 0 0 0
114 89 108 134 160 168 195 198 208 217 218 213
Total Liabilities 247 243 311 395 468 507 582 715 809 845 874 859
26 34 77 72 73 70 69 90 97 97 104 112
CWIP 2 9 1 1 2 1 1 0 2 0 3 1
Investments 1 1 1 1 52 54 57 121 115 212 214 214
219 200 233 321 341 381 455 504 596 536 552 533
Total Assets 247 243 311 395 468 507 582 715 809 845 874 859

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
12 39 35 5 86 32 33 93 139 41 102 82
-5 -17 -40 -3 -59 -4 -3 36 -7 16 -86 -6
-10 -6 -7 -6 -8 -13 -16 -32 -48 -56 -71 -105
Net Cash Flow -3 16 -11 -4 18 14 14 97 83 1 -55 -29

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 28% 34% 51% 41% 31% 29% 30% 21% 28% 25% 23% 23%
Debtor Days 32 32 35 40 38 54 59 57 57 58 47 45
Inventory Turnover 5.01 5.69 5.52 4.63 4.79 5.35 5.18 5.47 6.06 5.62 6.09 7.15