Tokyo Plast International Ltd
Incorporated in 1992, Tokyo Plast International Ltd manufactures Thermo Food Containers and Coolers[1]
- Market Cap ₹ 99.4 Cr.
- Current Price ₹ 105
- High / Low ₹ 161 / 102
- Stock P/E 78.3
- Book Value ₹ 65.6
- Dividend Yield 0.00 %
- ROCE 4.54 %
- ROE 2.14 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 1.20% over last quarter.
- Company's working capital requirements have reduced from 83.2 days to 39.1 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 3.56% over past five years.
- Company has a low return on equity of 1.02% over last 3 years.
- Company might be capitalizing the interest cost
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 57.15 | 54.90 | 58.18 | 72.18 | 65.35 | 52.98 | 60.85 | 62.89 | 79.93 | 75.53 | 66.37 | 72.47 | 73.60 | |
| 48.97 | 47.73 | 49.87 | 60.32 | 57.87 | 53.47 | 56.93 | 59.35 | 75.93 | 70.26 | 61.19 | 65.87 | 65.85 | |
| Operating Profit | 8.18 | 7.17 | 8.31 | 11.86 | 7.48 | -0.49 | 3.92 | 3.54 | 4.00 | 5.27 | 5.18 | 6.60 | 7.75 |
| OPM % | 14.31% | 13.06% | 14.28% | 16.43% | 11.45% | -0.92% | 6.44% | 5.63% | 5.00% | 6.98% | 7.80% | 9.11% | 10.53% |
| -0.15 | 2.04 | 1.83 | 1.29 | 1.52 | 0.87 | 0.03 | 0.04 | 0.03 | -0.50 | 0.14 | 0.20 | 0.17 | |
| Interest | 2.43 | 2.86 | 2.52 | 1.99 | 1.45 | 1.30 | 1.08 | 0.78 | 1.36 | 1.40 | 1.25 | 2.12 | 3.13 |
| Depreciation | 2.29 | 2.12 | 2.21 | 2.45 | 2.54 | 2.42 | 2.78 | 2.69 | 2.93 | 3.19 | 2.78 | 2.96 | 3.06 |
| Profit before tax | 3.31 | 4.23 | 5.41 | 8.71 | 5.01 | -3.34 | 0.09 | 0.11 | -0.26 | 0.18 | 1.29 | 1.72 | 1.73 |
| Tax % | -20.54% | 22.70% | 16.27% | 17.34% | 18.76% | 13.17% | -800.00% | -18.18% | -38.46% | 172.22% | 21.71% | 22.67% | |
| 3.98 | 3.27 | 4.53 | 7.19 | 4.08 | -3.79 | 0.81 | 0.12 | -0.15 | -0.12 | 1.00 | 1.32 | 1.27 | |
| EPS in Rs | 4.19 | 3.44 | 4.77 | 7.57 | 4.29 | -3.99 | 0.85 | 0.13 | -0.16 | -0.13 | 1.05 | 1.39 | 1.35 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 6.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 4% |
| 3 Years: | -3% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 10% |
| 3 Years: | 116% |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 8% |
| 3 Years: | 2% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 2% |
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 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 |
| Reserves | 32.22 | 35.49 | 40.02 | 47.20 | 50.82 | 47.01 | 47.85 | 48.45 | 49.19 | 49.38 | 50.65 | 52.05 | 52.88 |
| 21.25 | 20.39 | 16.48 | 15.38 | 14.28 | 19.06 | 12.47 | 15.97 | 18.85 | 14.61 | 19.29 | 26.89 | 36.24 | |
| 9.99 | 7.76 | 11.09 | 12.09 | 12.77 | 12.83 | 11.50 | 13.27 | 10.97 | 12.16 | 13.13 | 14.94 | 27.40 | |
| Total Liabilities | 72.96 | 73.14 | 77.09 | 84.17 | 87.37 | 88.40 | 81.32 | 87.19 | 88.51 | 85.65 | 92.57 | 103.38 | 126.02 |
| 13.38 | 12.74 | 12.68 | 12.11 | 11.22 | 11.32 | 10.69 | 13.56 | 16.72 | 15.18 | 39.17 | 39.98 | 38.95 | |
| CWIP | 4.22 | 4.35 | 4.35 | 4.35 | 4.35 | 4.65 | 4.65 | 5.27 | 5.27 | 5.27 | 5.55 | 5.27 | 5.27 |
| Investments | 1.26 | 1.14 | 1.14 | 1.14 | 1.23 | 0.11 | 0.11 | 0.11 | 0.11 | 0.02 | 0.01 | 0.06 | 0.06 |
| 54.10 | 54.91 | 58.92 | 66.57 | 70.57 | 72.32 | 65.87 | 68.25 | 66.41 | 65.18 | 47.84 | 58.07 | 81.74 | |
| Total Assets | 72.96 | 73.14 | 77.09 | 84.17 | 87.37 | 88.40 | 81.32 | 87.19 | 88.51 | 85.65 | 92.57 | 103.38 | 126.02 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.87 | 3.60 | 10.46 | 5.28 | 3.17 | 3.49 | 9.07 | 1.07 | 3.61 | 18.89 | 8.69 | 6.20 | |
| -0.21 | 0.20 | -2.11 | -4.53 | -0.57 | -3.19 | -2.32 | -4.31 | -3.26 | -13.39 | -11.79 | -13.67 | |
| -1.10 | -3.72 | -6.44 | -2.57 | -2.86 | 4.11 | -7.93 | 0.81 | -0.69 | -5.39 | 3.68 | 6.33 | |
| Net Cash Flow | -0.44 | 0.07 | 1.92 | -1.82 | -0.26 | 4.41 | -1.18 | -2.43 | -0.34 | 0.11 | 0.59 | -1.14 |
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 | 71.72 | 67.15 | 67.82 | 99.92 | 116.96 | 131.45 | 102.03 | 124.43 | 75.80 | 63.64 | 88.71 | 74.69 |
| Inventory Days | 89.94 | 89.86 | 93.37 | 51.27 | 65.80 | 159.07 | 251.54 | 218.50 | 200.69 | 167.44 | 169.90 | 164.71 |
| Days Payable | 75.61 | 39.76 | 64.23 | 58.82 | 55.46 | 74.60 | 37.42 | 49.86 | 27.06 | 28.05 | 27.63 | 29.59 |
| Cash Conversion Cycle | 86.05 | 117.25 | 96.96 | 92.38 | 127.30 | 215.92 | 316.16 | 293.07 | 249.44 | 203.03 | 230.97 | 209.81 |
| Working Capital Days | 34.81 | 57.97 | 53.95 | 99.16 | 144.32 | 183.95 | 203.22 | 197.91 | 155.76 | 118.93 | 91.57 | 39.13 |
| ROCE % | 9.52% | 11.08% | 12.19% | 15.47% | 8.82% | -2.30% | 1.61% | 1.21% | 1.44% | 2.81% | 3.32% | 4.54% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - MUFG Intime confirms compliance with SEBI Reg.74(5) for quarter ended 31 Dec 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Submission of E-paper of the Unaudited Financial Results for the Quarter ended 31st December 2025.
-
Board Meeting Outcome for Corrigendum To Financial Results
2d - Tokyo Plast corrigendum Jan 13, 2026: clerical expense reclassification; revised results submitted; no impact on totals.
-
Corrigendum To Financial Results - Clerical Change In Expenses
2d - Corrigendum to Dec 31, 2025 results; clerical expense reclassification, totals unchanged.
- Submission Of Unaudited Financial Results For The Quarter Ended 31St December 2025. 13 Jan
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 nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Product Profile:[1]
a) Thermo Food Container
b) Insulated Food Bowls
c) Thermo Bowl Gift Sets
d) Ice Cooler Box
e) Hot and Cold Casseroles
f) Lunch Kits
g) Microwave Safe Gift Sets
h) Stainless Steel Gift Sets
i) Hot and Cold Food Storage Container
j) Picnic Treat Food Container
k) Cooler Jugs
l) Multi-level lunch box