T N Petro Prod.

  • Market Cap: Micro Cap
  • Industry: Petrochemicals
  • ISIN: INE148A01019
  • NSEID: TNPETRO
  • BSEID: 500777
INR
129.50
8.97 (7.44%)
BSENSE

Sep 01, 01:40 PM

BSE+NSE Vol: 1.18 cr

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Manali Petrochem
Supreme Petroch.
Rain Industries
Pasupati Acrylon
T N Petro Prod.
Kothari Petroche
Agarwal Indl.
DCW
Indian Acrylics
Petro Carbon
Neptune Pet.

Why is Tamil Nadu Petro Products Ltd ?

1
Company has a Debt to Equity ratio (avg) of 0.02 times
2
Poor long term growth as Operating profit has grown by an annual rate -2.88% of over the last 5 years
  • DEBTORS TURNOVER RATIO(HY) Highest at 51.10 times
  • NET SALES(Q) Highest at Rs 780.15 cr
  • PBDIT(Q) Highest at Rs 120.55 cr.
3
With ROCE of 9.2, it has a Fair valuation with a 1.1 Enterprise value to Capital Employed
  • The stock is trading at a premium compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 21.99%, its profits have risen by 90.9% ; the PEG ratio of the company is 0.1
4
Despite the size of the company, domestic mutual funds hold only 0% of the company
  • Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
5
Market Beating performance in long term as well as near term
  • Along with generating 21.99% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to T N Petro Prod. should be less than 10%
  2. Overall Portfolio exposure to Petrochemicals should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Petrochemicals)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is T N Petro Prod. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
T N Petro Prod.
22.46%
0.63
35.08%
Sensex
-4.28%
-0.31
13.42%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
5.16%
EBIT Growth (5y)
-2.88%
EBIT to Interest (avg)
13.66
Debt to EBITDA (avg)
1.11
Net Debt to Equity (avg)
0.12
Sales to Capital Employed (avg)
1.91
Tax Ratio
24.08%
Dividend Payout Ratio
18.50%
Pledged Shares
0
Institutional Holding
11.11%
ROCE (avg)
17.57%
ROE (avg)
11.19%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
8
Industry P/E
13
Price to Book Value
1.07
EV to EBIT
7.08
EV to EBITDA
5.92
EV to Capital Employed
1.06
EV to Sales
0.68
PEG Ratio
0.09
Dividend Yield
0.99%
ROCE (Latest)
9.23%
ROE (Latest)
9.02%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

24What is working for the Company
DEBTORS TURNOVER RATIO(HY)

Highest at 51.10 times

NET SALES(Q)

Highest at Rs 780.15 cr

PBDIT(Q)

Highest at Rs 120.55 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 15.45%

PBT LESS OI(Q)

Highest at Rs 99.36 cr.

PAT(Q)

Highest at Rs 80.11 cr.

EPS(Q)

Highest at Rs 8.90

-12What is not working for the Company
DEBT-EQUITY RATIO(HY)

Highest at 0.46 times

INTEREST(Q)

Highest at Rs 7.54 cr

Loading Valuation Snapshot...

Here's what is working for T N Petro Prod.

Net Sales - Quarterly
At Rs 780.15 cr has Grown at 112.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 366.54 Cr
MOJO Watch
Near term sales trend is very positive

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 99.36 cr has Grown at 347.1% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 22.22 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 80.11 cr has Grown at 249.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 22.94 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly
Highest at Rs 780.15 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 120.55 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Highest at 15.45%
in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 99.36 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
Highest at Rs 80.11 cr.
in the last five quarters
MOJO Watch
Near term PAT trend is positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly
Highest at Rs 8.90
in the last five quarters
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Debtors Turnover Ratio- Half Yearly
Highest at 51.10 times
in the last five half yearly periods
MOJO Watch
Company has been able to settle its Debtors faster

Debtors Turnover Ratio

Here's what is not working for T N Petro Prod.

Interest - Quarterly
At Rs 7.54 cr has Grown at 41.20%
Quarter on Quarter (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Debt-Equity Ratio - Half Yearly
Highest at 0.46 times and Grown
each half year in the last five half yearly periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Interest - Quarterly
Highest at Rs 7.54 cr
in the last five quarters and Increased by 41.20 % (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)