Tinplate Company [Merged] Key Ratios
NSE: TINPLATE | BSE: 504966
₹430.50
As on 18-Jan-2024IST
Market cap
₹4,505 Cr
Revenue (TTM)
₹3,849 Cr
P/E Ratio
48.3
P/B Ratio
3.7
Div. Yield
0.7 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.01 | -1.85 | -11.98 | 26.15 | 9.29 |
| EBIT | -82.75 | 68.40 | -76.46 | 0.50 | 0.49 |
| Net Profit | -187.17 | 93.48 | -64.02 | 4.08 | 10.72 |
| EPS | -187.15 | 93.48 | -64.02 | 4.08 | 10.72 |
| Book Value | -- | -- | 7.87 | 18.42 | 13.30 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-23 | Mar-22 |
| EBIT-Margin
| 6.31 | 5.15 | 1.90 | 3.75 | 10.27 |
| Net Margin
| 5.34 | 4.54 | 2.38 | 3.56 | 8.22 |
| Return on equity
| 19.65 | 16.05 | 7.48 | 11.74 | 35.00 |
| Return on Capital
| 27.26 | 22.32 | -- | 16.85 | 47.53 |
| Return on Assets
| 9.95 | 8.20 | 5.00 | 5.94 | 17.49 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
16.85
|
47.53
|
17.38
|
15.58
|
|
Peer Median
|
--
|
11.76
|
13.53
|
7.00
|
8.76
|
ROE
7.48
Higher than Peers by 0.79
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
7.48
|
11.74
|
35.00
|
12.22
|
12.92
|
|
Peer Median
|
6.69
|
9.11
|
10.46
|
2.76
|
3.83
|
ROA
5.00
Higher than Peers by 1.96
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
5.00
|
5.94
|
17.49
|
6.42
|
6.77
|
|
Peer Median
|
3.04
|
4.80
|
4.55
|
1.89
|
2.37
|
EBIT Margin
1.90
Lower than Peers by 3.15
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
1.90
|
3.75
|
10.27
|
4.90
|
4.13
|
|
Peer Median
|
5.04
|
6.10
|
4.76
|
6.19
|
3.24
|
Net Margin
2.38
Higher than Peers by 0.67
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
2.38
|
3.56
|
8.22
|
4.25
|
4.45
|
|
Peer Median
|
1.71
|
2.67
|
4.01
|
2.68
|
2.69
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
5.24
|
9.74
|
7.00
|
7.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-11.98
Lower than Peers by 18.45
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
-11.98
|
-6.84
|
86.27
|
8.34
|
-18.53
|
|
Peer Median
|
6.48
|
-0.08
|
27.58
|
40.67
|
-26.78
|
EBIT Growth
-76.46
Lower than Peers by 71.06
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
-76.46
|
-66.01
|
290.47
|
28.64
|
24.58
|
|
Peer Median
|
-5.41
|
13.60
|
25.63
|
124.20
|
-40.49
|
Net Profit Growth
-64.02
Lower than Peers by 62.45
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
-64.02
|
-59.53
|
259.57
|
3.28
|
63.84
|
|
Peer Median
|
-1.57
|
24.71
|
13.29
|
181.02
|
-56.08
|
EPS Growth
-64.02
--
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
-64.02
|
-59.53
|
259.57
|
3.28
|
63.84
|
|
Peer Median
|
--
|
8.33
|
10.86
|
181.02
|
-56.08
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
7.87
|
38.40
|
11.22
|
6.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.19
|
0.48
|
0.44
|
0.45
|
0.30
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.42
Higher than Peers by 1.17
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
2.42
|
2.17
|
1.84
|
1.68
|
1.53
|
|
Peer Median
|
1.26
|
1.49
|
1.76
|
1.68
|
1.48
|
Quick Ratio
1.66
Higher than Peers by 1.00
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
1.66
|
1.60
|
1.30
|
1.15
|
0.88
|
|
Peer Median
|
0.66
|
1.21
|
1.23
|
1.16
|
0.96
|
Interest Coverage
9.60
Higher than Peers by 6.27
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
9.60
|
16.80
|
58.46
|
18.01
|
10.94
|
|
Peer Median
|
3.33
|
2.89
|
4.06
|
3.09
|
2.16
|
Operating Efficiency
Debtors to sales
1.04
Lower than Peers by 15.41
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
1.04
|
0.53
|
1.25
|
3.31
|
3.31
|
|
Peer Median
|
16.45
|
18.15
|
11.94
|
19.17
|
23.26
|
Asset Turnover
2.06
Higher than Peers by 0.85
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
2.06
|
1.65
|
2.11
|
1.49
|
1.50
|
|
Peer Median
|
1.21
|
1.76
|
1.92
|
1.41
|
1.03
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
3.40
|
5.52
|
11.62
|
16.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
36.78
|
29.94
|
47.35
|
46.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
50.65
|
39.81
|
51.72
|
54.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
--
|
-10.47
|
-4.35
|
7.25
|
8.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
48.30
Higher than Peers by 27.50
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
48.30
|
22.77
|
11.90
|
17.12
|
8.23
|
|
Peer Median
|
20.80
|
17.41
|
18.25
|
17.10
|
100.09
|
Price / Book Value
3.66
Higher than Peers by 2.24
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
3.66
|
2.57
|
3.59
|
1.99
|
1.03
|
|
Peer Median
|
1.42
|
1.93
|
2.11
|
1.30
|
0.57
|
Dividend Yield
0.70
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
0.70
|
0.97
|
1.00
|
1.25
|
1.34
|
|
Peer Median
|
--
|
0.66
|
--
|
--
|
--
|
EV/EBITDA
18.71
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
18.71
|
10.08
|
6.92
|
7.26
|
4.33
|
|
Peer Median
|
--
|
10.07
|
8.75
|
14.97
|
9.73
|
Market Cap
4,505
Higher than Peers by 4,386
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-23
|
Mar-22
|
Mar-21
|
Mar-20
|
|---|---|---|---|---|---|
|
Tinplate Company [Merged]
|
4,505
|
3,252
|
4,201
|
1,680
|
782
|
|
Peer Median
|
119
|
123
|
114
|
105
|
76
|