Tamil Nadu Petro Products Ltd
Incorporated in 1984, Tamilnadu Petroproducts Ltd manufactures and sells petrochemical products[1]
- Market Cap ₹ 750 Cr.
- Current Price ₹ 83.4
- High / Low ₹ 130 / 65.3
- Stock P/E 7.55
- Book Value ₹ 98.7
- Dividend Yield 1.44 %
- ROCE 6.71 %
- ROE 4.75 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.85 times its book value
- Company has been maintaining a healthy dividend payout of 20.4%
Cons
- The company has delivered a poor sales growth of 8.32% over past five years.
- Promoter holding is low: 34.5%
- Company has a low return on equity of 7.57% over last 3 years.
* 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
Commodities Chemicals Chemicals & Petrochemicals Petrochemicals
Part of BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,052 | 950 | 701 | 889 | 1,049 | 1,245 | 1,225 | 1,145 | 1,806 | 2,150 | 1,669 | 1,827 | 1,796 | |
| 1,056 | 979 | 690 | 821 | 956 | 1,153 | 1,132 | 975 | 1,557 | 2,022 | 1,596 | 1,762 | 1,650 | |
| Operating Profit | -4 | -29 | 11 | 68 | 93 | 92 | 93 | 170 | 248 | 128 | 73 | 65 | 146 |
| OPM % | -0% | -3% | 2% | 8% | 9% | 7% | 8% | 15% | 14% | 6% | 4% | 4% | 8% |
| 11 | -2 | 60 | 24 | 13 | 6 | 8 | 30 | 13 | 19 | 14 | 38 | 37 | |
| Interest | 32 | 20 | 15 | 34 | 7 | 7 | 9 | 7 | 6 | 7 | 7 | 6 | 13 |
| Depreciation | 30 | 21 | 18 | 16 | 22 | 20 | 22 | 23 | 24 | 21 | 23 | 25 | 25 |
| Profit before tax | -56 | -71 | 38 | 42 | 77 | 72 | 71 | 170 | 232 | 119 | 57 | 71 | 146 |
| Tax % | -33% | -26% | 0% | 78% | 33% | 24% | 22% | 28% | 26% | 25% | 25% | 28% | |
| -37 | -53 | 38 | 9 | 52 | 54 | 55 | 122 | 171 | 89 | 43 | 51 | 108 | |
| EPS in Rs | -4.15 | -5.90 | 4.24 | 1.03 | 5.75 | 6.03 | 6.12 | 13.52 | 18.97 | 9.93 | 4.75 | 5.72 | 11.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 9% | 17% | 24% | 18% | 16% | 15% | 25% | 21% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 8% |
| 3 Years: | 0% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | -7% |
| 3 Years: | -39% |
| TTM: | 205% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 10% |
| 3 Years: | 3% |
| 1 Year: | 19% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 13% |
| 3 Years: | 8% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 |
| Reserves | 218 | 151 | 189 | 219 | 269 | 319 | 361 | 469 | 617 | 673 | 702 | 743 | 798 |
| 159 | 102 | 67 | 45 | 36 | 40 | 37 | 51 | 56 | 76 | 18 | 135 | 324 | |
| 215 | 218 | 116 | 166 | 193 | 164 | 156 | 152 | 176 | 205 | 213 | 307 | 285 | |
| Total Liabilities | 682 | 560 | 462 | 519 | 589 | 613 | 643 | 761 | 940 | 1,044 | 1,023 | 1,276 | 1,497 |
| 288 | 247 | 218 | 216 | 193 | 230 | 292 | 281 | 267 | 247 | 304 | 285 | 277 | |
| CWIP | 14 | 18 | 15 | 15 | 37 | 20 | 3 | 1 | 27 | 103 | 73 | 452 | 570 |
| Investments | 92 | 79 | 77 | 97 | 100 | 98 | 98 | 98 | 98 | 103 | 111 | 111 | 107 |
| 288 | 217 | 152 | 191 | 259 | 264 | 250 | 381 | 548 | 591 | 535 | 427 | 543 | |
| Total Assets | 682 | 560 | 462 | 519 | 589 | 613 | 643 | 761 | 940 | 1,044 | 1,023 | 1,276 | 1,497 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 49 | 35 | 31 | 49 | 82 | 72 | 80 | 96 | 108 | 76 | 151 | 195 | |
| 11 | 43 | 18 | -20 | -70 | -64 | -57 | -92 | -86 | -64 | -68 | -246 | |
| -71 | -76 | -50 | -29 | -12 | -8 | -23 | -4 | -22 | -12 | -78 | 101 | |
| Net Cash Flow | -10 | 2 | -1 | -0 | -0 | -1 | -0 | 0 | -0 | 0 | 5 | 50 |
| Free Cash Flow | 44 | 32 | 44 | 29 | 58 | 29 | 17 | 86 | 68 | -6 | 112 | -192 |
| CFO/OP | -1,338% | -125% | 308% | 73% | 112% | 95% | 113% | 77% | 82% | 86% | 229% | 320% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 27 | 25 | 16 | 28 | 23 | 21 | 15 | 26 | 23 | 24 | 21 | 17 |
| Inventory Days | 83 | 46 | 52 | 50 | 68 | 42 | 44 | 60 | 61 | 49 | 46 | 34 |
| Days Payable | 73 | 77 | 63 | 70 | 64 | 35 | 29 | 31 | 27 | 27 | 38 | 26 |
| Cash Conversion Cycle | 37 | -6 | 5 | 8 | 27 | 28 | 29 | 55 | 57 | 46 | 29 | 26 |
| Working Capital Days | -26 | -50 | -30 | 5 | 2 | 4 | 1 | 14 | 28 | 26 | 24 | -6 |
| ROCE % | -4% | -9% | -1% | 16% | 21% | 19% | 17% | 29% | 35% | 15% | 9% | 7% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity - Linear Alkyl Benzene (LAB) TPA |
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| Capacity Utilization - Caustic Soda % |
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| Capacity Utilization - Linear Alkyl Benzene (LAB) % |
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| Installed Capacity - Caustic Soda TPA |
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| Actual Production Volume - Caustic Soda MT |
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| Actual Production Volume - Linear Alkyl Benzene (LAB) MT |
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| Capacity - Normal Paraffin (NP) MT |
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| Sales Volume - Caustic Soda MT |
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| Sales Volume - Linear Alkyl Benzene (LAB) MT |
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| Plant Shutdown Days Due to External Factors (Floods/Cyclone) Days |
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| Domestic Capacity Share - LAB % |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
31 Mar - PR agreement extended with Fortuna Public Relations Pvt Ltd from 1 Apr 2026 to 31 Mar 2028.
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Announcement Under Regulation 30 LODR - Update
27 Mar - HCD expansion complete; operations from 28 Mar 2026; TNPCB consent for 250 TPD caustic soda.
- Closure of Trading Window 26 Mar
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Mar - Of Dematerialisation of shares for the period from 16.02.2026 to 28.02.2026 under Reg.74(5) of SEBI (DP) Regulations, 2018
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Mar - Tamilnadu Petroproducts: 3,175 shares dematerialized between Feb 1–15, 2026; regulatory filing.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Business Overview:[1][2]
TPL, part of the AM International group, was established as a joint venture between SPIC Ltd and Tamil Nadu Industrial Development Corporation. It manufactures petroproducts such as LAB, HCD, and PO. TPL secures firm off-take agreements with major FMCG companies under annual contracts, with prices adjusted monthly based on international raw material prices.