Tokyo Plast International Ltd

Tokyo Plast International Ltd

₹ 107 1.76%
23 Apr 1:31 p.m.
About

Incorporated in 1992, Tokyo Plast International Ltd manufactures Thermo Food Containers and Coolers[1]

Key Points

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

  • Market Cap 102 Cr.
  • Current Price 107
  • High / Low 139 / 87.7
  • Stock P/E 61.6
  • Book Value 63.1
  • Dividend Yield 0.00 %
  • ROCE 2.81 %
  • ROE -0.82 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Debtor days have improved from 88.0 to 63.6 days.

Cons

  • The company has delivered a poor sales growth of 2.94% over past five years.
  • Company has a low return on equity of -0.31% 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

Sector: Plastic products Industry: Plastics Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
19.59 18.05 13.01 20.97 25.12 20.83 16.16 23.21 16.49 19.67 14.57 18.96 15.87
17.48 17.15 12.15 19.61 23.23 20.92 15.02 21.72 16.26 17.20 13.56 16.99 14.74
Operating Profit 2.11 0.90 0.86 1.36 1.89 -0.09 1.14 1.49 0.23 2.47 1.01 1.97 1.13
OPM % 10.77% 4.99% 6.61% 6.49% 7.52% -0.43% 7.05% 6.42% 1.39% 12.56% 6.93% 10.39% 7.12%
0.00 0.01 0.02 0.00 0.00 -0.01 0.00 0.00 0.00 -0.55 0.02 0.00 0.11
Interest 0.14 0.23 0.19 0.35 0.52 0.29 0.31 0.37 0.33 0.39 0.27 0.27 0.34
Depreciation 0.65 0.72 0.68 0.79 0.70 0.76 0.77 0.70 0.80 0.92 0.73 0.71 0.71
Profit before tax 1.32 -0.04 0.01 0.22 0.67 -1.15 0.06 0.42 -0.90 0.61 0.03 0.99 0.19
Tax % 3.03% 125.00% 0.00% -4.55% 34.33% 27.83% -16.67% 2.38% 0.00% 50.82% -100.00% 16.16% 5.26%
1.29 0.01 0.01 0.23 0.44 -0.83 0.07 0.40 -0.90 0.30 0.06 0.83 0.18
EPS in Rs 1.36 0.01 0.01 0.24 0.46 -0.87 0.07 0.42 -0.95 0.32 0.06 0.87 0.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
51.27 51.27 57.15 54.90 58.18 72.18 65.35 52.98 60.85 62.89 79.93 75.53 69.07
41.57 43.90 48.97 47.73 49.87 60.32 57.87 53.47 56.93 59.35 75.93 70.26 62.49
Operating Profit 9.70 7.37 8.18 7.17 8.31 11.86 7.48 -0.49 3.92 3.54 4.00 5.27 6.58
OPM % 18.92% 14.37% 14.31% 13.06% 14.28% 16.43% 11.45% -0.92% 6.44% 5.63% 5.00% 6.98% 9.53%
0.70 -1.46 -0.15 2.04 1.83 1.29 1.52 0.87 0.03 0.04 0.03 -0.50 -0.42
Interest 2.14 2.40 2.43 2.86 2.52 1.99 1.45 1.30 1.08 0.78 1.36 1.40 1.27
Depreciation 1.99 2.09 2.29 2.12 2.21 2.45 2.54 2.42 2.78 2.69 2.93 3.19 3.07
Profit before tax 6.27 1.42 3.31 4.23 5.41 8.71 5.01 -3.34 0.09 0.11 -0.26 0.18 1.82
Tax % 15.63% 29.58% -20.54% 22.70% 16.27% 17.34% 18.76% -13.17% -800.00% -18.18% 38.46% 172.22%
5.29 0.99 3.98 3.27 4.53 7.19 4.08 -3.79 0.81 0.12 -0.15 -0.12 1.37
EPS in Rs 5.57 1.04 4.19 3.44 4.77 7.57 4.29 -3.99 0.85 0.13 -0.16 -0.13 1.44
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 6.61% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 4%
5 Years: 3%
3 Years: 7%
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 231%
Stock Price CAGR
10 Years: 23%
5 Years: 16%
3 Years: 15%
1 Year: 11%
Return on Equity
10 Years: 4%
5 Years: -1%
3 Years: 0%
Last Year: -1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
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 27.25 28.24 32.22 35.49 40.02 47.20 50.82 47.01 47.85 48.45 49.19 49.38 50.43
18.70 19.92 21.25 20.39 16.48 15.38 14.28 19.06 12.47 15.97 18.85 14.61 12.13
9.70 11.12 9.99 7.76 11.09 12.09 12.77 12.83 11.50 13.27 10.97 12.16 12.68
Total Liabilities 65.15 68.78 72.96 73.14 77.09 84.17 87.37 88.40 81.32 87.19 88.51 85.65 84.74
13.95 14.13 13.38 12.74 12.68 12.11 11.22 11.32 10.69 13.56 16.72 15.18 27.63
CWIP 2.72 4.47 4.22 4.35 4.35 4.35 4.35 4.65 4.65 5.27 5.27 5.27 5.27
Investments 1.26 1.26 1.26 1.14 1.14 1.14 1.23 0.11 0.11 0.11 0.11 0.02 0.02
47.22 48.92 54.10 54.91 58.92 66.57 70.57 72.32 65.87 68.25 66.41 65.18 51.82
Total Assets 65.15 68.78 72.96 73.14 77.09 84.17 87.37 88.40 81.32 87.19 88.51 85.65 84.74

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.65 3.67 0.87 3.60 10.46 5.28 3.17 3.49 9.07 1.07 3.61 18.89
-2.98 -2.26 -0.21 0.20 -2.11 -4.53 -0.57 -3.19 -2.32 -4.31 -3.26 -13.39
2.44 -1.17 -1.10 -3.72 -6.44 -2.57 -2.86 4.11 -7.93 0.81 -0.69 -5.39
Net Cash Flow 0.11 0.24 -0.44 0.07 1.92 -1.82 -0.26 4.41 -1.18 -2.43 -0.34 0.11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 79.95 73.11 71.72 67.15 67.82 99.92 116.96 131.45 102.03 124.43 75.80 63.64
Inventory Days 103.12 103.27 89.94 89.86 93.37 51.27 65.80 159.07 251.54 218.50 200.69 167.44
Days Payable 62.67 106.16 75.61 39.76 64.23 58.82 55.46 74.60 37.42 49.86 27.06 28.05
Cash Conversion Cycle 120.40 70.23 86.05 117.25 96.96 92.38 127.30 215.92 316.16 293.07 249.44 203.03
Working Capital Days 119.82 108.35 147.53 174.79 146.61 176.18 223.41 313.88 275.80 281.37 225.63 174.84
ROCE % 16.83% 6.84% 9.52% 11.08% 12.19% 15.47% 8.82% -2.30% 1.61% 1.21% 1.44% 2.81%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.97% 64.97% 64.97% 64.97% 59.68% 63.11% 63.96% 64.50% 64.50% 64.50% 63.65% 63.65%
0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00%
35.03% 35.03% 35.03% 35.03% 40.32% 36.86% 36.03% 35.50% 35.50% 35.50% 36.32% 36.35%
No. of Shareholders 9,47810,1959,72910,43810,57310,63110,69110,39410,33210,55110,78710,918

* 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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