Tamilnadu Petroproducts Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2013 • Industrial Intermediate Chemicals: 100.0%
AI Sector View
AI GENERATEDChemicals
The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.
PROS
- Latest quarter profit grew 127.3% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.25x)
- Working capital cycle has improved - days down from 112 to 66
- Company comfortably covers its interest (13.6x coverage)
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (35.8% of PBT)
- Company has a low return on equity of 8.2% over last 3 years
- Company has a low return on capital employed of 11.0%
- Total debt has risen sharply - up 3521.0% year on year
- Company has delivered a poor profit growth of -1.6% over past five years
- Operating margins have contracted to 3.4% from 14.1%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SPLPETRO | 818.00 | 31.73 | 15381.78 | 1.28 | 2375.69 | 2795.42 | 17145.15 | 1122.99 | 33.63 | 19.39 |
| RAIN | 215.75 | 13.51 | 7256.66 | 0.46 | 340.99 | 310.85 | 5167.16 | 17.40 | 8.75 | 18.66 |
| TNPETRO | 128.90 | 8.15 | 1159.73 | 1.16 | 80.11 | 127.26 | 780.15 | 68.56 | 8.95 | 15.45 |
| KOTHARIPET | 138.57 | 85.46 | 815.43 | 0.72 | 17.02 | -3.16 | 146.50 | -8.82 | 28.75 | 14.91 |
| AGARIND | 430.05 | 15.73 | 643.26 | 0.77 | 10.35 | -20.58 | 433.31 | -27.00 | 7.99 | 6.89 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 450 | 433 | 345 | 437 | 461 | 449 | 459 | 454 | 463 | 456 | 421 | 124 | 780 | |
| 431 | 414 | 326 | 426 | 450 | 442 | 442 | 429 | 416 | 416 | 390 | 113 | 681 | |
| Operating Profit | 19 | 19 | 19 | 11 | 11 | 7 | 17 | 25 | 47 | 40 | 31 | 11 | 99 |
| OPM % | 4.19% | 4.45% | 5.64% | 2.53% | 2.32% | 1.47% | 3.76% | 5.59% | 10.18% | 8.78% | 7.30% | 8.97% | 12.74% |
| 7 | 9 | -6 | 12 | 16 | 7 | 6 | 18 | 7 | 13 | 8 | 11 | 7 | |
| Interest | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 2 | 1 | 3 | 7 | 5 | 8 |
| Depreciation | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 14 |
| Profit before Tax | 21 | 23 | 6 | 15 | 20 | 6 | 16 | 36 | 47 | 45 | 26 | 10 | 106 |
| Tax % | 25.33% | 23.99% | 20.21% | 18.39% | 26.12% | 22.37% | 27.51% | 25.29% | 25.59% | 24.23% | 23.95% | 19.58% | 24.47% |
| Net Profit | 0 | 0 | 0 | 0 | 15 | 5 | 12 | 27 | 35 | 34 | 20 | 8 | 80 |
| 1.71 | 1.98 | 0.50 | 1.37 | 1.67 | 0.52 | 1.30 | 2.99 | 3.92 | 3.81 | 2.21 | 0.90 | 8.90 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 701 | 889 | 1,049 | 1,245 | 1,225 | 1,145 | 1,806 | 2,150 | 1,669 | 1,827 | 1,781 | |
| 696 | 825 | 960 | 1,154 | 1,132 | 981 | 1,558 | 2,023 | 1,597 | 1,763 | 1,600 | |
| Operating Profit | 4 | 64 | 89 | 91 | 93 | 165 | 248 | 128 | 72 | 63 | 181 |
| OPM % | 0.60% | 7.16% | 8.48% | 7.33% | 7.58% | 14.37% | 13.72% | 5.93% | 4.32% | 3.47% | 10.18% |
| 65 | 32 | 19 | 10 | 17 | 40 | 18 | 25 | 23 | 47 | 39 | |
| Interest | 15 | 34 | 7 | 7 | 9 | 7 | 6 | 7 | 7 | 6 | 23 |
| Depreciation | 18 | 16 | 22 | 20 | 22 | 23 | 24 | 21 | 23 | 25 | 33 |
| Profit before Tax | 37 | 46 | 79 | 75 | 79 | 175 | 236 | 124 | 65 | 79 | 187 |
| Tax % | 0.07% | 70.69% | 32.17% | 23.46% | 19.74% | 27.69% | 25.82% | 24.19% | 22.78% | 25.74% | 24.08% |
| Net Profit | 37 | 13 | 53 | 57 | 63 | 126 | 175 | 94 | 50 | 58 | 142 |
| EPS | 4.10 | 1.49 | 5.93 | 6.34 | 7.03 | 14.03 | 19.49 | 10.47 | 5.56 | 6.49 | — |
| Dividend Payout % | 0.00% | 0.00% | 8.44% | 15.78% | 21.33% | 17.82% | 15.39% | 14.33% | 21.57% | 18.50% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 8%
- 3 Years:
- 0%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- -2%
- 3 Years:
- -31%
STOCK PRICE CAGR
- 10 Years:
- 20%
- 5 Years:
- 3%
- 3 Years:
- 12%
- 1 Year:
- 26%
RETURN ON EQUITY
- 10 Years:
- 14%
- 5 Years:
- 15%
- 3 Years:
- 8%
- Last Year:
- 7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 |
| 212 | 224 | 277 | 335 | 392 | 501 | 658 | 731 | 769 | 822 | |
| 62 | 42 | 36 | 40 | 38 | 52 | 56 | 77 | 20 | 128 | |
| Trade Payables | 79 | 99 | 100 | 65 | 52 | 43 | 62 | 93 | 102 | 78 |
| 46 | 69 | 93 | 99 | 102 | 109 | 115 | 112 | 109 | 237 | |
| Total Liabilities | 489 | 524 | 596 | 629 | 674 | 794 | 981 | 1,102 | 1,091 | 1,354 |
| 218 | 216 | 193 | 230 | 292 | 281 | 267 | 247 | 304 | 285 | |
| Capital Work in Progress | 15 | 15 | 37 | 20 | 3 | 1 | 27 | 103 | 73 | 452 |
| 0 | 0 | 3 | 1 | 1 | 1 | 1 | 7 | 15 | 15 | |
| 62 | 71 | 106 | 79 | 78 | 82 | 143 | 168 | 123 | 103 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96 | 87 | |
| Cash & Bank | 115 | 115 | 163 | 198 | 212 | 302 | 367 | 373 | 422 | 366 |
| 79 | 107 | 95 | 100 | 88 | 126 | 176 | 204 | 57 | 46 | |
| Total Assets | 489 | 524 | 596 | 629 | 674 | 794 | 981 | 1,102 | 1,091 | 1,354 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 75 | 47 | 104 | 93 | 111 | 127 | 208 | 121 | 161 | 207 | |
| Cash from Investing | 16 | -19 | -68 | -61 | -48 | -87 | -96 | -58 | -70 | -244 |
| Cash from Financing | -50 | -29 | -12 | -8 | -23 | -4 | -22 | -12 | -78 | 100 |
| 39 | -2 | 2 | 8 | 14 | 1 | -6 | 17 | 13 | 63 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-06 - Significant movement in price has been observed in Tamilnadu PetroProducts Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Tamilnadu PetroProducts Limited has submitted their response.
2026-09-04 - Significant movement in price has been observed in Tamilnadu PetroProducts Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.
2026-09-02 - Tamilnadu PetroProducts Limited has informed the Exchange about Copy of Newspaper Publication
2026-09-01 - Tamilnadu PetroProducts Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2026
2026-08-11 - Tamilnadu PetroProducts Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "Tamilnadu Petroproducts doubles PBT and operating profit in Q1 FY27compared with Q1 FY26".
2026-08-11 - Tamilnadu PetroProducts Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2026
2026-08-11 - Tamilnadu PetroProducts Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Sep-2026.
2026-08-11 - Tamilnadu PetroProducts Limited has informed the Exchange regarding 'Appointment of Cost Auditor'.
2026-08-11 - Tamilnadu PetroProducts Limited has informed the Exchange regarding Appointment of Mr Sanket Balvantrao Waghe as Non- Executive Director of the company w.e.f. August 11, 2026.
News
Recent coverage and analyst commentary for TNPETRO
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