Tilaknagar Industries Ltd
Alcoholic Beverages | Small Cap
Tilaknagar Industries, operating in the FMCG sector, demonstrates a mixed financial performance. The company shows strong solvency and growth, driven by a decreasing debt ratio and impressive revenue and asset growth. Profitability metrics present a varied picture, with robust return on assets and gross profit margin offset by a low return on equity and operating margin. Efficiency ratios indicate challenges in inventory and receivables management. While coverage ratios are adequate, financial ratios are hampered by a low book value per share and dividend payout. Overall, the company exhibits potential for growth and stability, but needs to address certain operational inefficiencies to achieve more balanced financial health.
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- Valuation MetricsNeutral
- Market Metrics
- Stock Reports
- Stock News
- Growth Ratio6.40
- Financial Ratio5.20
- Profitability Ratio5.60
- Efficiency Ratio2.50
- Coverage Ratio8.00
- Solvency Ratio10.00
- Liquidity Ratio0.00
- Peer Assessment
- Management AssessmentBalanced
- Risk AssessmentBalanced
- 1 HourNeutral
- 2 HoursNeutral
- 4 HoursNeutral
- 1 DayNeutral
- 1 WeekNeutral
- 1 MonthNeutral
Tilaknagar Industries, operating in the FMCG sector, demonstrates a mixed financial performance. The company shows strong solvency and growth, driven by a decreasing debt ratio and impressive revenue and asset growth. Profitability metrics present a varied picture, with robust return on assets and gross profit margin offset by a low return on equity and operating margin. Efficiency ratios indicate challenges in inventory and receivables management. While coverage ratios are adequate, financial ratios are hampered by a low book value per share and dividend payout. Overall, the company exhibits potential for growth and stability, but needs to address certain operational inefficiencies to achieve more balanced financial health.
Overall Valuation Score
P/E RATIO (TTM)
32.47
Industry Median
25.60
Small Cap Median
23.79
P/E RATIO
38.01
P/B RATIO
4.71
Industry Median
4.71
Small Cap Median
3.92
P/S RATIO
N/A
Industry Median
1.68
Small Cap Median
1.55
Others
PEG RATIO
1.44
EV/EBITDA RATIO
40.78
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹450.75 as on Feb 20, 2026.
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The company's growth ratios highlight a mixed performance. Revenue and asset growth rates are strong, indicating expansion and increased market presence. However, the negative earnings per share growth and moderate operating profit and net income growth suggest areas needing improvement. While the company is growing, profitability from that growth needs to be enhanced.
| Growth Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue Growth Rate | N/A | N/A | N/A | N/A | N/A |
| Operating Profit Growth Rate | -203.85 | 107.41 | 22.32 | 35.04 | 37.84 |
| Earnings Per Share (EPS) Growth | -114.19 | -193.14 | 183.86 | -11.5 | 65.64 |
| Asset Growth Rate | N/A | 0.1 | -0.1 | 2.08 | 17.42 |
| Net Income Growth Rate | N/A | N/A | N/A | N/A | N/A |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
The company's financial ratios present a mixed picture. Positive adjusted earnings per share and capital expenditures are offset by a low book value per share and no dividend payout. Improving book value and considering dividend distribution could enhance shareholder value. Good capital expenditure indicates future growth of the company.
| Financial Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Adjusted Earnings Per Share (Adjusted EPS) | N/A | N/A | N/A | N/A | N/A |
| Cash Earnings Per Share (Cash EPS) | N/A | N/A | N/A | N/A | N/A |
| Book Value Per Share | -4.48 | 8.43 | 26.11 | 33.89 | 45.52 |
| Dividend Per Share (DPS) | 0 | 0.11 | 0.24 | 0.5 | 0.95 |
| Capital Expenditures (CapEx) | 0 | 0 | 0 | 0 | 0 |
Adjusted Earnings Per Share (Adjusted EPS)
Cash Earnings Per Share (Cash EPS)
Book Value Per Share
Dividend Per Share (DPS)
Capital Expenditures (CapEx)
The company's profitability ratios present a mixed performance. A strong gross profit margin and return on assets are offset by a low return on equity and operating margin. Enhancing operational efficiency and managing costs can improve overall profitability. A low operating margin indicates that the company is struggling to control its operating expenses.
| Profitability Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Gross Profit Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Capital Employed (ROCE) | N/A | N/A | N/A | N/A | N/A |
| Return on Equity (ROE) | N/A | N/A | N/A | N/A | N/A |
| Return on Assets (ROA) | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
Gross Profit Margin
Return on Capital Employed (ROCE)
Return on Equity (ROE)
Return on Assets (ROA)
Operating Margin
Net Margin
The company's efficiency ratios reveal potential areas of concern. Low inventory and receivables turnover, coupled with high days sales in inventory and receivable days, suggest challenges in working capital management. Efficiently managing inventory and collecting receivables is crucial for improving cash flow and overall operational performance. There is room to improve the turnover of inventory and account receivables.
| Efficiency Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Fixed Asset Turnover Ratio | N/A | N/A | N/A | N/A | N/A |
| Inventory Turnover Ratio | N/A | N/A | N/A | N/A | N/A |
| Receivables Turnover Ratio | N/A | N/A | N/A | N/A | N/A |
| Days Sales in Inventory Ratio | N/A | N/A | N/A | N/A | N/A |
| Receivable Days | N/A | N/A | N/A | N/A | N/A |
| Capital Turnover Ratio | 0 | 0 | 0 | 0 | 0 |
Inventory Turnover Ratio
Receivables Turnover Ratio
Days Sales in Inventory Ratio
Receivable Days
The company's coverage ratios suggest adequate ability to handle its debt obligations. A good interest coverage ratio indicates it can comfortably pay interest expenses. Maintaining these ratios is important for financial stability. The company is managing its debt obligations well.
| Coverage Ratios | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Interest Coverage Ratio | 3.1 | 0.45 | 1.66 | 4.75 | 6.11 | 20.17 |
| Equity Dividend Coverage Ratio | N/A | N/A | N/A | N/A | N/A | N/A |
Interest Coverage Ratio
The company's solvency position looks promising, primarily driven by a decreasing debt ratio indicating a reduced reliance on borrowed funds. A negative debt-to-equity ratio further supports this, suggesting a solid equity base. However, the interest coverage ratio, while positive, requires continuous monitoring to ensure the company can comfortably meet its interest obligations. Overall, the company demonstrates a stable solvency position.
| Solvency Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Debt Ratio | 0 | 0 | 0 | 0 | 0 |
| Debt to Equity Ratio | 0 | 0 | 0 | 0 | 0 |
| Equity Ratio | 1 | 1 | 1 | 1 | 1 |
| Debt To Asset Ratio | 0 | 0 | 0 | 0 | 0 |
Debt Ratio
Debt to Equity Ratio
Interest Coverage Ratio
The company's liquidity position cannot be accurately assessed due to missing data. A comprehensive liquidity analysis requires examining current, quick, and cash ratios to determine the company's ability to meet its short-term obligations. Without this information, it's difficult to comment on the company's financial flexibility and immediate solvency.
| Liquidity Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Current Ratio | N/A | N/A | N/A | N/A | N/A |
| Quick Ratio | N/A | N/A | N/A | N/A | N/A |
| Cash Ratio | N/A | N/A | N/A | N/A | N/A |
| Operating Cash Flow Ratio | N/A | N/A | N/A | N/A | N/A |
Current Ratio
Quick Ratio
Cash Ratio
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Tilaknagar Industries Ltd | 4.76 | 38.01 | Neutral | 255.00 | 12.35 | 230.00 |
The management of Tilaknagar Industries shows a mixed performance. The company exhibits strong profit growth and debt reduction, which are positive indicators. However, there are concerns regarding declining promoter holding and variability in sales growth. Overall, the management demonstrates competence in certain financial aspects, but needs to address issues related to ownership and revenue consistency.
| Category | Metric | Value | Assessment |
|---|---|---|---|
| PROS | Profit Growth (3Y) | 78% | Strong profit growth |
| Debt Reduction | Decreasing | Improving financial prudence | |
| ROCE (LY) | 22% | Good capital allocation | |
| CONS | Promoter Holding | 40.14% | Declining promoter confidence |
| Sales Growth Variability | Inconsistent | Volatile revenue trends |
Financial Performance & Growth
Tilaknagar Industries demonstrates inconsistent revenue expansion and profit growth. While sales growth has been volatile, Compounded Profit Growth shows a positive trend.
| Metric | 2014–2016 | 2017–2019 | 2020–2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Sales Growth (%) | -7.9% | 13.0% | 8.0% | 48.6% | 19.7% | 8% |
| Profit Growth (%) | -12.9% | -12.8% | 244.9% | NA | NA | 58% |
The company's sales growth has fluctuated significantly over the years, with a notable decline from 2015 to 2016, followed by a recovery. YOY Sales Growth % displays considerable variability, ranging from declines to substantial increases depending on the quarter. Quarterly sales figures show fluctuations, indicating potential volatility in revenue streams. These inconsistencies suggest challenges in maintaining stable revenue expansion, which could impact investor confidence and long-term financial planning.
Capital Efficiency & Returns
Tilaknagar Industries shows good capital efficiency and returns, as indicated by its ROCE and ROE. The company's ROCE and ROE figures suggest effective utilization of capital and shareholder funds.
| Metric | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE (%) | 14% | 11% | 5% | -13% | -11% | -0% | 3% | -8% | 5% | 13% | 15% | 22% |
| ROE (%) | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | 26% | 25% |
The improving ROCE % trend over the recent years indicates enhanced capital productivity, as the company generates more returns from its capital employed. While the ROCE dipped into negative territory between 2016 and 2020. Shareholder funds are yielding good returns, as evidenced by the ROE figures, which reflect the profitability of equity investments. The upward trajectory in ROCE suggests management’s ability to enhance capital efficiency over time.
Financial Health & Prudence
Tilaknagar Industries demonstrates improving financial health and prudence through effective debt management and consistent dividend payouts. The company has successfully reduced its borrowings, leading to a stronger balance sheet.
| Metric | 2013–2015 | 2016–2018 | 2019–2021 | 2022 | 2023 | 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|
| Borrowings (Cr) | 763 | 996 | 661 | 585 | 256 | 121 | 94 |
The reduction in borrowings indicates a strategic effort to deleverage the balance sheet, enhancing financial stability. Interest coverage has improved. The company consistently shares profits through dividends, reflecting a commitment to shareholder returns. The dividend payout ratio, though variable, highlights a dedication to distributing earnings to investors. Effective debt management practices contribute to the overall financial resilience.
Shareholding & Ownership Structure
Tilaknagar Industries has experienced fluctuations in its shareholding and ownership structure, particularly concerning promoter holdings. The company's promoter holding has decreased over the years.
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Promoter Holding (%) | 54.96% | 54.96% | 54.80% | 54.80% | 54.67% | 44.89% | 41.15% | 40.19% | 40.14% |
The decrease in promoter holding raises concerns about alignment with shareholder interests. Institutional interest has increased. The increase in FII and DII holdings suggests growing confidence from institutional investors. Despite the decrease in promoter holdings, the rise in institutional interest could offset concerns about ownership alignment and overall stability.
Tilaknagar Industries faces moderate risks. The company shows volatility in segment performance and fluctuations in shareholding patterns. Effective management of these risks is crucial for maintaining stability and investor confidence. Overall, the risk profile requires careful monitoring and proactive mitigation strategies.
Segment performance volatility
Tilaknagar Industries experiences considerable volatility in its quarterly sales and profit growth, which may indicate segment performance instability. The company's YOY Sales Growth % varies significantly across quarters.
| Metric | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales Growth (%) | 51.88% | 22.84% | 25.33% | 69.66% | 36.49% | 47.10% | 48.28% | 32.48% | 29.10% | 24.37% | 0.37% | 2.95% | 5.78% |
| Profit Growth (%) | 520% | 364% | 211% | 181% | 23% | 139% | 226% | 2376% | 130% | 78% | 21% | 56% | 82% |
The wide range in sales growth percentages highlights the potential for unpredictable revenue streams. Similarly, YOY Profit Growth % demonstrates substantial fluctuations, reflecting the challenges in maintaining consistent profitability across different periods. This variability suggests a need for better management to ensure consistent overall financial health.
Foreign exchange or interest rate exposure
Tilaknagar Industries faces potential risks from foreign exchange and interest rate fluctuations, which could impact its financial stability. The company's interest expenses have varied over the years.
| Metric | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest (Cr) | 64 | 64 | 97 | 125 | 157 | 152 | 184 | 129 | 71 | 62 | 40 | 27 | 20 |
Fluctuations in interest rates can directly affect the company's profitability. Depending on the company's import and export activities, exchange rate volatility could impact earnings and competitiveness. Monitoring and hedging strategies may be necessary to mitigate these exposures.
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