Tamil Nadu Petro Products Ltd
Incorporated in 1984, Tamilnadu Petroproducts Ltd manufactures and sells petrochemical products[1]
- Market Cap ₹ 735 Cr.
- Current Price ₹ 81.5
- High / Low ₹ 111 / 63.6
- Stock P/E 16.5
- Book Value ₹ 101
- Dividend Yield 1.47 %
- ROCE 6.89 %
- ROE 5.04 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.81 times its book value
- Company has been maintaining a healthy dividend payout of 18.1%
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 7.74% over last 3 years.
- Earnings include an other income of Rs.46.7 Cr.
* 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: Petrochemicals Industry: Petrochemicals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,052 | 950 | 701 | 889 | 1,049 | 1,245 | 1,225 | 1,145 | 1,806 | 2,150 | 1,669 | 1,827 | |
1,053 | 976 | 704 | 821 | 956 | 1,154 | 1,132 | 975 | 1,558 | 2,023 | 1,597 | 1,763 | |
Operating Profit | -1 | -26 | -4 | 68 | 93 | 92 | 93 | 170 | 248 | 128 | 72 | 63 |
OPM % | -0% | -3% | -1% | 8% | 9% | 7% | 8% | 15% | 14% | 6% | 4% | 3% |
15 | 13 | 73 | 28 | 15 | 10 | 17 | 35 | 18 | 25 | 23 | 47 | |
Interest | 32 | 20 | 15 | 34 | 7 | 7 | 9 | 7 | 6 | 7 | 7 | 6 |
Depreciation | 30 | 21 | 18 | 16 | 22 | 20 | 22 | 23 | 24 | 21 | 23 | 25 |
Profit before tax | -49 | -54 | 37 | 46 | 79 | 75 | 79 | 175 | 236 | 124 | 65 | 79 |
Tax % | -38% | -34% | 0% | 71% | 32% | 23% | 20% | 28% | 26% | 24% | 23% | 26% |
-35 | -43 | 37 | 13 | 53 | 57 | 63 | 126 | 175 | 94 | 50 | 58 | |
EPS in Rs | -3.90 | -4.74 | 4.10 | 1.49 | 5.93 | 6.34 | 7.03 | 14.03 | 19.49 | 10.47 | 5.56 | 6.49 |
Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 16% | 21% | 18% | 15% | 14% | 22% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 8% |
3 Years: | 0% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | -7% |
3 Years: | -37% |
TTM: | -22% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 20% |
3 Years: | -10% |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 13% |
3 Years: | 8% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 |
Reserves | 232 | 175 | 212 | 224 | 277 | 335 | 392 | 501 | 658 | 731 | 769 | 822 |
159 | 102 | 67 | 45 | 36 | 40 | 37 | 51 | 56 | 76 | 18 | 135 | |
225 | 227 | 120 | 166 | 193 | 164 | 156 | 152 | 177 | 205 | 213 | 307 | |
Total Liabilities | 705 | 594 | 489 | 524 | 596 | 629 | 674 | 794 | 981 | 1,102 | 1,091 | 1,354 |
288 | 247 | 218 | 216 | 193 | 230 | 292 | 281 | 267 | 247 | 304 | 285 | |
CWIP | 14 | 18 | 15 | 15 | 37 | 20 | 3 | 1 | 27 | 103 | 49 | 452 |
Investments | 9 | 2 | 0 | 0 | 3 | 1 | 1 | 1 | 1 | 7 | 15 | 15 |
394 | 328 | 256 | 293 | 363 | 377 | 378 | 510 | 685 | 745 | 722 | 602 | |
Total Assets | 705 | 594 | 489 | 524 | 596 | 629 | 674 | 794 | 981 | 1,102 | 1,091 | 1,354 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
55 | 34 | 73 | 46 | 82 | 78 | 86 | 93 | 112 | 87 | 161 | 207 | |
11 | 43 | 16 | -19 | -68 | -61 | -48 | -87 | -96 | -58 | -70 | -244 | |
-71 | -76 | -50 | -29 | -12 | -8 | -23 | -4 | -22 | -12 | -78 | 100 | |
Net Cash Flow | -4 | 1 | 39 | -2 | 2 | 8 | 14 | 1 | -6 | 17 | 13 | 63 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 77 | 82 | 67 | 70 | 64 | 35 | 29 | 32 | 27 | 27 | 38 | 26 |
Cash Conversion Cycle | 32 | -11 | 2 | 8 | 27 | 28 | 29 | 55 | 57 | 46 | 29 | 26 |
Working Capital Days | 22 | -7 | -3 | 22 | 14 | 16 | 12 | 28 | 37 | 37 | 25 | -4 |
ROCE % | -3% | -8% | -4% | 16% | 21% | 19% | 18% | 28% | 34% | 15% | 9% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
54m - CARE Ratings reaffirms Tamilnadu Petroproducts' credit rating at CARE A+ stable for ₹406 Cr bank facilities.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
5h - Annual Secretarial Compliance Report filed for FY ended March 31, 2025 as per SEBI regulations.
-
Announcement Under Regulation 30 - Update
9 May - Correction of Mr. S Sridharan's designation to Assistant Vice President – Marketing.
-
Announcement under Regulation 30 (LODR)-Change in Management
6 May - Tamilnadu Petroproducts revises senior management; adds Shyamsundar Rajaraman as SMP effective May 7, 2025.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
6 May - Tamilnadu Petroproducts reports FY25 revenue ₹1847 Cr, net profit ₹51.42 Cr, and declares 12% dividend.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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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.