Tinplate Company of India Ltd

Tinplate Co. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Tinplate Company of India Ltd

₹ 322 -0.88%
30 May - close price
tatatinplate.com BSE: 504966 NSE : TINPLATE
About

Tinplate Company of India Limited (TCIL) is a producer of tin coated and tin free steel sheets in India. It is a Subsidiary of Tata Steel Limited. [1]

Key Points

Products
The tinplate manufactured by the co is used for packaging edible oil, paints & chemicals, processed foods, batteries, etc. It has categorized its products into:
Electrolytic Tinplate (ETP), Double Reduced Tinplate, and Soft Double Reduced Electrolytic Tinplate.
Tin Free Steel (TFS)/Electrolytic Chromium Coated Steel (ECCS) - Single and Double Reduced Tin Free Steel
Value-added/downstream products - Lacquered/Coated ETP, Printed ETP, PAXEL cans etc. [1]

Website BSE NSE
  • Market Cap ₹ 3,366 Cr.
  • Current Price ₹ 322
  • High / Low ₹ 368 / 291
  • Stock P/E 23.6
  • Book Value ₹ 121
  • Dividend Yield 1.24 %
  • ROCE 16.7 %
  • ROE 11.7 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 18.4%

Cons

* 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: Non Ferrous Metals Industry: Mining / Minerals / Metals

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
472 380 531 615 755 866 977 1,180 1,227 1,007 960 960 1,033
418 374 500 561 670 765 870 1,046 1,068 886 1,000 907 952
Operating Profit 55 6 32 54 85 101 107 133 159 120 -40 53 81
OPM % 12% 2% 6% 9% 11% 12% 11% 11% 13% 12% -4% 5% 8%
7 4 5 7 8 8 10 10 11 11 12 15 18
Interest 6 2 2 1 3 2 2 2 2 2 3 3 5
Depreciation 15 15 15 15 15 15 15 15 16 15 16 16 17
Profit before tax 40 -7 20 44 74 92 100 127 152 114 -46 49 77
Tax % 32% -2% 20% 26% 25% 25% 25% 25% 25% 25% 25% 25% 27%
Net Profit 27 -7 16 33 56 69 75 95 114 85 -35 36 57
EPS in Rs 2.59 -0.66 1.54 3.14 5.37 6.56 7.16 9.07 10.93 8.12 -3.35 3.48 5.40
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
627 877 1,059 911 836 830 1,919 2,584 2,106 2,281 4,250 3,959
553 765 911 787 669 739 1,755 2,451 1,954 2,104 3,748 3,745
Operating Profit 74 112 148 124 167 91 164 133 151 177 501 214
OPM % 12% 13% 14% 14% 20% 11% 9% 5% 7% 8% 12% 5%
19 21 25 27 18 18 16 29 24 24 39 56
Interest 17 25 21 12 6 3 3 7 10 8 8 12
Depreciation 48 58 61 71 73 66 62 64 61 62 61 64
Profit before tax 28 50 91 68 106 41 115 92 104 132 471 193
Tax % 41% 43% 31% 34% 36% 32% 37% 37% 9% 26% 25% 26%
Net Profit 17 28 63 45 68 28 73 58 95 98 353 143
EPS in Rs 1.58 2.70 6.00 4.26 6.48 2.66 6.99 5.54 9.08 9.38 33.72 13.65
Dividend Payout % 54% 37% 27% 38% 31% 60% 29% 36% 11% 21% 12% 22%
Compounded Sales Growth
10 Years: 16%
5 Years: 16%
3 Years: 23%
TTM: -7%
Compounded Profit Growth
10 Years: 18%
5 Years: 14%
3 Years: 15%
TTM: -59%
Stock Price CAGR
10 Years: 23%
5 Years: 11%
3 Years: 57%
1 Year: -6%
Return on Equity
10 Years: 14%
5 Years: 17%
3 Years: 20%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
217 207 151 105 105 105 105 105 105 105 105 105
Reserves 389 395 429 444 518 517 572 606 656 741 1,066 1,158
135 156 91 45 0 0 0 0 14 13 12 15
325 342 321 277 244 251 431 465 424 496 798 648
Total Liabilities 953 998 946 871 867 874 1,107 1,176 1,198 1,356 1,981 1,926
753 762 723 680 628 604 567 563 578 545 556 596
CWIP 36 12 26 17 43 24 43 42 23 15 54 33
Investments 0 0 0 0 5 38 51 97 93 72 213 252
164 223 196 173 190 208 446 474 503 723 1,157 1,044
Total Assets 953 998 946 871 867 874 1,107 1,176 1,198 1,356 1,981 1,926

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
114 84 199 170 114 91 108 124 53 252 454 215
-64 -50 -35 -35 -36 -57 -51 -104 -32 -162 -373 -269
-52 -34 -164 -134 -75 -28 -23 -32 -33 -18 -31 -56
Net Cash Flow -1 0 -1 1 3 5 34 -12 -12 73 50 -109

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 24 35 20 14 22 36 19 18 12 12 5 2
Inventory Days 85 68 56 80 149 85 57 41 85 63 53 48
Days Payable 84 59 61 90 113 90 53 41 53 56 50 49
Cash Conversion Cycle 24 44 16 4 59 31 23 17 44 19 8 1
Working Capital Days -21 7 -10 -17 28 36 18 13 26 9 -1 20
ROCE % 6% 10% 16% 13% 18% 7% 18% 14% 15% 17% 47% 17%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
74.96 74.96 74.96 74.96 74.96 74.96 74.96 74.96 74.96 74.96 74.96 74.96
0.93 0.79 0.89 0.73 2.42 2.61 2.66 2.97 3.01 2.84 2.26 2.00
0.18 0.01 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.00 0.01
0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
23.91 24.23 24.13 24.28 22.60 22.41 22.36 22.04 22.00 22.16 22.75 23.00

* 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

Announcements

Annual reports

Right Issue

Credit ratings