Tamil Nadu Petro Products Ltd
Tamilnadu Petroproducts Limited, headquartered at Chennai, Tamilnadu, India is jointly promoted by Southern Petrochemical Industries Corporation Limited (SPIC) and Tamilnadu Industrial Development Corporation Limited (TIDCO) and is engaged in the business of petrochemical products viz, Linear Alkyl Benzene (LAB), Caustic Soda, Chlorine and Propylene Oxide. [1]
- Market Cap ₹ 783 Cr.
- Current Price ₹ 87.0
- High / Low ₹ 134 / 80.0
- Stock P/E 6.03
- Book Value ₹ 87.6
- Dividend Yield 3.45 %
- ROCE 33.5 %
- ROE 26.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.99 times its book value
- Stock is providing a good dividend yield of 3.45%.
- Company is expected to give good quarter
- Company has delivered good profit growth of 136% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.2%
Cons
- Promoter holding is low: 34.5%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,022 | 1,248 | 1,281 | 1,052 | 950 | 701 | 889 | 1,049 | 1,245 | 1,225 | 1,145 | 1,806 | 2,044 | |
963 | 1,187 | 1,287 | 1,053 | 976 | 704 | 821 | 956 | 1,154 | 1,132 | 975 | 1,558 | 1,858 | |
Operating Profit | 58 | 61 | -6 | -1 | -26 | -4 | 68 | 93 | 92 | 93 | 170 | 248 | 186 |
OPM % | 6% | 5% | -0% | -0% | -3% | -1% | 8% | 9% | 7% | 8% | 15% | 14% | 9% |
28 | 11 | 24 | 15 | 13 | 73 | 28 | 15 | 10 | 17 | 35 | 18 | 21 | |
Interest | 29 | 32 | 32 | 32 | 20 | 15 | 34 | 7 | 7 | 9 | 7 | 6 | 7 |
Depreciation | 38 | 37 | 39 | 30 | 21 | 18 | 16 | 22 | 20 | 22 | 23 | 24 | 22 |
Profit before tax | 19 | 3 | -52 | -49 | -54 | 37 | 46 | 79 | 75 | 79 | 175 | 236 | 178 |
Tax % | -0% | 16% | 42% | 38% | 34% | 0% | 71% | 32% | 23% | 20% | 28% | 26% | |
Net Profit | 23 | -0 | -34 | -35 | -43 | 37 | 13 | 53 | 57 | 63 | 126 | 175 | 130 |
EPS in Rs | 2.58 | -0.03 | -3.78 | -3.90 | -4.74 | 4.10 | 1.49 | 5.93 | 6.34 | 7.03 | 14.03 | 19.49 | 14.44 |
Dividend Payout % | 39% | -1,799% | 0% | 0% | 0% | 0% | 0% | 8% | 16% | 21% | 18% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 15% |
3 Years: | 13% |
TTM: | 31% |
Compounded Profit Growth | |
---|---|
10 Years: | 38% |
5 Years: | 136% |
3 Years: | 45% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 9% |
3 Years: | 30% |
1 Year: | -18% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 19% |
3 Years: | 21% |
Last Year: | 26% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | |
Reserves | 307 | 302 | 268 | 232 | 175 | 212 | 224 | 277 | 335 | 392 | 501 | 658 | 699 |
100 | 166 | 197 | 159 | 102 | 67 | 45 | 36 | 40 | 37 | 51 | 56 | 27 | |
293 | 264 | 264 | 225 | 227 | 120 | 166 | 193 | 164 | 156 | 152 | 177 | 233 | |
Total Liabilities | 790 | 822 | 818 | 705 | 594 | 489 | 524 | 596 | 629 | 674 | 794 | 981 | 1,048 |
368 | 320 | 313 | 288 | 247 | 218 | 216 | 193 | 230 | 292 | 281 | 267 | 259 | |
CWIP | 80 | 98 | 15 | 14 | 18 | 15 | 15 | 37 | 20 | 3 | 1 | 27 | 34 |
Investments | 24 | 15 | 13 | 9 | 2 | 0 | 0 | 3 | 1 | 1 | 1 | 1 | 1 |
318 | 389 | 476 | 394 | 328 | 256 | 293 | 363 | 377 | 378 | 510 | 685 | 755 | |
Total Assets | 790 | 822 | 818 | 705 | 594 | 489 | 524 | 596 | 629 | 674 | 794 | 981 | 1,048 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
25 | 11 | -50 | 55 | 34 | 73 | 46 | 82 | 78 | 86 | 93 | 112 | |
76 | -22 | 106 | 11 | 43 | 16 | -19 | -68 | -61 | -48 | -87 | -96 | |
-98 | 7 | -6 | -71 | -76 | -50 | -29 | -12 | -8 | -23 | -4 | -22 | |
Net Cash Flow | 2 | -3 | 50 | -4 | 1 | 39 | -2 | 2 | 8 | 14 | 1 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 26 | 26 | 29 | 27 | 25 | 16 | 28 | 23 | 21 | 15 | 26 | 23 |
Inventory Days | 61 | 66 | 104 | 83 | 46 | 52 | 50 | 68 | 42 | 44 | 60 | 61 |
Days Payable | 96 | 66 | 93 | 77 | 82 | 67 | 70 | 64 | 35 | 29 | 32 | 27 |
Cash Conversion Cycle | -9 | 26 | 40 | 32 | -11 | 2 | 8 | 27 | 28 | 29 | 55 | 57 |
Working Capital Days | 10 | 33 | 42 | 22 | -7 | -3 | 22 | 14 | 16 | 12 | 28 | 37 |
ROCE % | 5% | 9% | -7% | -3% | -8% | -4% | 16% | 21% | 19% | 18% | 28% | 34% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
1 Feb - Mr. V Balamurugan (Membership No. FCS 12312) has ceased to be the Company Secretary and Compliance Officer of the Company with effect from close of …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
27 Jan - Of Dematerialisation of shares for the period from 01.01.2023 ton 15.01.2023 under Reg.74(5) of SEBI (DP) Regulations, 2018
- Board Meeting Intimation for Intimation Of Date Of Board Meeting - Reg 25 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Jan
Annual reports
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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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Financial Year 2010
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Financial Year 2010
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Financial Year 2009
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Products
The Co manufactures and sells petrochemical products:
Linear Alkyl Benzene (LAB) - used in the manufacture of domestic detergents, institutional and industrial cleaners.
Caustic Soda - application in paper, aluminium and various other industries for general purpose, Chlorine and Derivatives (Hydrochloric Acid, Ammonium Chloride, Sodium HypoChlorite, Hydrogen) and Propylene Oxide. [1][2][3][4]