The Tinplate Company of India Limited

    The Tinplate Company of India Limited

    NNSE:TINPLATE
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    INR
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    45.14P/E

    Share Statistics

    As of September 30, 2023, The Tinplate Company of India Limited has 104.67M shares outstanding.

    Shares Outstanding104.67M

    Valuation Ratios

    As of September 30, 2023, The Tinplate Company of India Limited trades at a trailing price-to-earnings ratio of 45.14. The price-to-sales ratio is 1.22, and the price-to-book ratio stands at 40.18.

    PE Ratio45.14
    PS Ratio1.22
    PB Ratio40.18
    P/TBV Ratio3.43

    Enterprise Valuation

    As of September 30, 2023, The Tinplate Company of India Limited trades at an EV/EBITDA multiple of 38.74 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.02 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 38.74 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. The Tinplate Company of India Limited trades at an EV/FCF ratio of 326.16, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales1.02
    EV / EBITDA38.74
    EV / EBIT38.74
    EV / FCF326.16

    Financial Position

    As of September 30, 2023, The Tinplate Company of India Limited maintains a current ratio of 2.42, meaning it holds 2.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 1.24, indicating moderate leverage, while an interest coverage ratio of 6.22 demonstrates adequate ability to service its debt obligations.

    Current Ratio2.42
    Quick Ratio1.42
    Debt / Equity1.24
    Debt / EBITDA0.17
    Interest Coverage6.22

    Financial Efficiency

    Over the twelve months ended September 30, 2023, The Tinplate Company of India Limited posted a return on equity (ROE) of 89.01, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.51 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 5.00, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 88.15, useful for judging operating efficiency across full business cycles. Inventory turnover of 7.42 indicates how many times The Tinplate Company of India Limited sells and replaces its inventory over a year, a key working capital efficiency ratio.

    Return on Equity (ROE)89.01
    Return on Assets (ROA)5.00
    Return on Invested Capital (ROIC)5.51
    Return on Capital Employed (ROCE)88.15
    Inventory Turnover7.42

    Taxes

    These figures cover the twelve months ended September 30, 2023. That works out to an effective tax rate of 26.08, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate26.08

    Margins

    Over the twelve months ended September 30, 2023, The Tinplate Company of India Limited posted a gross margin of 14.77, reflecting its pricing power and cost economics. The operating margin of 2.64 and net profit margin of 2.69 provide insight into operational efficiency.

    Gross Margin14.77
    Operating Margin2.64
    Pretax Margin3.65
    Profit Margin2.69
    EBITDA Margin2.64

    Stock Splits

    The Tinplate Company of India Limited's most recent stock split took place on September 9, 2009 with a 500:627 split ratio.

    Last Split Date9/9/2009
    Split Ratio500:627

    Scores

    As of September 30, 2023, The Tinplate Company of India Limited has an Altman Z-Score of 6.45, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score6.45