Tamil Nadu Petro Products Ltd

Tamil Nadu Petro Products Ltd

₹ 89.1 -1.36%
29 May - close price
About

Incorporated in 1984, Tamilnadu Petroproducts Ltd manufactures and sells petrochemical products[1]

Key Points

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.

  • Market Cap 802 Cr.
  • Current Price 89.1
  • High / Low 130 / 78.7
  • Stock P/E 8.70
  • Book Value 113
  • Dividend Yield 1.35 %
  • ROCE 10.9 %
  • ROE 9.55 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.79 times its book value

Cons

  • The company has delivered a poor sales growth of 5.06% over past five years.
  • Promoter holding is low: 34.5%
  • Company has a low return on equity of 7.23% over last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 13.4% of profits 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
479.75 451.10 433.89 345.88 437.70 462.02 449.68 460.28 454.79 463.01 457.34 421.29 124.50
466.50 430.85 413.74 325.96 426.02 450.37 442.36 441.71 428.90 415.72 416.04 390.20 113.08
Operating Profit 13.25 20.25 20.15 19.92 11.68 11.65 7.32 18.57 25.89 47.29 41.30 31.09 11.42
OPM % 2.76% 4.49% 4.64% 5.76% 2.67% 2.52% 1.63% 4.03% 5.69% 10.21% 9.03% 7.38% 9.17%
8.64 7.47 9.49 -6.14 11.80 16.24 6.65 5.68 18.09 7.33 13.16 8.16 11.22
Interest 1.85 1.95 1.44 1.81 1.98 1.24 1.54 1.74 1.74 1.03 3.07 6.79 5.34
Depreciation 5.75 5.12 4.77 6.28 6.44 6.28 6.35 6.37 6.26 6.22 6.20 6.32 7.24
Profit before tax 14.29 20.65 23.43 5.69 15.06 20.37 6.08 16.14 35.98 47.37 45.19 26.14 10.06
Tax % 21.55% 25.33% 23.99% 20.21% 18.39% 26.12% 22.37% 27.51% 25.29% 25.59% 24.23% 23.95% 19.58%
11.21 15.42 17.81 4.54 12.29 15.05 4.72 11.70 26.88 35.25 34.24 19.88 8.09
EPS in Rs 1.25 1.71 1.98 0.50 1.37 1.67 0.52 1.30 2.99 3.92 3.81 2.21 0.90
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
950 701 889 1,049 1,245 1,225 1,145 1,806 2,150 1,669 1,827 1,466
976 704 821 956 1,154 1,132 975 1,558 2,023 1,597 1,763 1,335
Operating Profit -26 -4 68 93 92 93 170 248 128 72 64 131
OPM % -3% -1% 8% 9% 7% 8% 15% 14% 6% 4% 4% 9%
13 73 28 15 10 17 35 18 25 23 46 40
Interest 20 15 34 7 7 9 7 6 7 7 6 16
Depreciation 21 18 16 22 20 22 23 24 21 23 25 26
Profit before tax -54 37 46 79 75 79 175 236 124 65 79 129
Tax % -34% 0% 71% 32% 23% 20% 28% 26% 24% 23% 26% 24%
-43 37 13 53 57 63 126 175 94 50 58 97
EPS in Rs -4.74 4.10 1.49 5.93 6.34 7.03 14.03 19.49 10.47 5.56 6.49 10.83
Dividend Payout % 0% 0% 0% 8% 16% 21% 18% 15% 14% 22% 18% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 5%
3 Years: -12%
TTM: -20%
Compounded Profit Growth
10 Years: 18%
5 Years: -4%
3 Years: 0%
TTM: 104%
Stock Price CAGR
10 Years: 16%
5 Years: -1%
3 Years: 5%
1 Year: 2%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 7%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 90 90 90 90 90 90 90 90 90 90 90 90
Reserves 175 212 224 277 335 392 501 658 731 769 822 928
102 67 45 36 40 37 51 56 76 18 135 465
227 120 166 193 164 156 152 177 205 213 307 217
Total Liabilities 594 489 524 596 629 674 794 981 1,102 1,091 1,354 1,700
247 218 216 193 230 292 281 267 247 304 285 852
CWIP 18 15 15 37 20 3 1 27 103 73 452 116
Investments 2 0 0 3 1 1 1 1 7 15 15 10
328 256 293 363 377 378 510 685 745 699 602 721
Total Assets 594 489 524 596 629 674 794 981 1,102 1,091 1,354 1,700

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
34 73 46 82 78 86 93 112 87 161 207 -100
43 16 -19 -68 -61 -48 -87 -96 -58 -70 -244 -229
-76 -50 -29 -12 -8 -23 -4 -22 -12 -78 100 302
Net Cash Flow 1 39 -2 2 8 14 1 -6 17 13 63 -27
Free Cash Flow 31 84 27 59 35 22 83 72 5 122 -180 -357
CFO/OP -133% -1,981% 70% 113% 102% 120% 75% 84% 95% 244% 342% -60%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 25 16 28 23 21 15 26 23 24 21 17 7
Inventory Days 46 52 50 68 42 44 60 61 49 46 34 132
Days Payable 82 67 70 64 35 29 32 27 27 38 26 22
Cash Conversion Cycle -11 2 8 27 28 29 55 57 46 29 26 116
Working Capital Days -41 -33 5 2 4 1 14 28 26 25 -6 -19
ROCE % -8% -4% 16% 21% 19% 18% 28% 34% 15% 9% 7% 11%

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 ・Standalone data

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Capacity Utilization - Caustic Soda
% ・Standalone data
Capacity Utilization - Linear Alkyl Benzene (LAB)
% ・Standalone data
Installed Capacity - Caustic Soda
TPA ・Standalone data
Actual Production Volume - Caustic Soda
MT ・Standalone data
Actual Production Volume - Linear Alkyl Benzene (LAB)
MT ・Standalone data
Capacity - Normal Paraffin (NP)
MT ・Standalone data
Sales Volume - Caustic Soda
MT ・Standalone data
Sales Volume - Linear Alkyl Benzene (LAB)
MT ・Standalone data
Plant Shutdown Days Due to External Factors (Floods/Cyclone)
Days ・Standalone data
Domestic Capacity Share - LAB
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54% 34.54%
7.94% 7.74% 7.10% 6.14% 6.18% 5.85% 5.35% 5.56% 7.53% 8.76% 9.48% 10.78%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.00% 0.00% 0.00%
57.46% 57.69% 58.33% 59.27% 59.24% 59.58% 60.08% 59.86% 57.89% 56.68% 55.96% 54.66%
No. of Shareholders 1,31,1211,32,2891,30,9281,29,3451,29,5111,37,3421,37,6481,38,3161,31,1741,05,9091,00,51198,207

* 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.

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