TCM Ltd - Stock Valuation and Financial Performance

BSE: 524156 | NSE: | Chemicals | Small Cap

TCM Share Price

40.10 -0.60 -1.47%
as on 30-Apr'25 16:59

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TCM stock performance -
40.10 -17.00-30.00% past year

Price Chart, Live Stock Chart, Technical Chart of
P/E Ratio (SA):
0.00
Market Cap:
30 Cr.
52-wk low:
35
52-wk high:
79.5

Is TCM Ltd an attractive stock to invest in?

1. Is TCM Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that TCM Ltd is a below average quality company.

2. Is TCM Ltd undervalued or overvalued?

The key valuation ratios of TCM Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is TCM Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of TCM Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of TCM:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
TCM Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE %
0%0%0%0%0%0%0%-66.7%-7.3%1.1%-
Value Creation
Index
NANANANANANANA-5.8-1.5-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales
00000.40.94.33.57.231.726
Sales YoY Gr.
-NANANANA130%362%-18.6%106.9%342%-
Adj EPS
-0.9-0.9-1.1-0.6-1.70.71.2-7.7-3.70.3-1.3
YoY Gr.
-NANANANANA64.8%-756.4%NANA-
BVPS (₹)
-47.4-48.3-49.4-50.8-53.2-51.8-5049.84646.244.7
Adj Net
Profit
-0.5-0.5-0.6-0.3-10.40.6-4.2-2.80.2-1
Cash Flow from Ops.
-0.4-0.4-0.7-4.4-1.6-0.6-0.1-2.8-9.63.7-
Debt/CF from Ops.
-61.7-58-35.9-1.2-3.3-10.1-52.6-2.2-0.10.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA139.7%95.3%342%
Adj EPS NANA-38.7%NA
BVPSNANANA0.6%
Share Price -0.7% 6.9% -7.1% -26.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1.91.92.3-9.2-2.91.21.9-13.8-90.6-2.9
Op. Profit
Mgn %
0000-218.1-81.40.7-67.1-35.6-1.1-5.5
Net Profit
Mgn %
0000-239.342.215-121-38.70.6-3.8
Debt to
Equity
-1-1-1-0.2-0.2-0.2-0.20.200-
Working Cap
Days
00005,9782,816733953642397295
Cash Conv.
Cycle
00001,8863212122526825776

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 95.28%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at 9.01%

Latest Financials - TCM Ltd.

Standalone Consolidated
TTM EPS (₹) -1.3 -3.7
TTM Sales (₹ Cr.) 25.9 27
BVPS (₹.) 44.7 35.2
Reserves (₹ Cr.) 26 19
P/BV 0.90 1.14
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 35.00 / 79.50
All Time Low / High (₹) 0.97 / 79.50
Market Cap (₹ Cr.) 30
Equity (₹ Cr.) 7.5
Face Value (₹) 10
Industry PE 53.3

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 8.4 78.65.1 -29.76.5 34.45.9 -47.3
Adj EPS (₹) 0.2 N/A-0.6 -1280-0.3 N/A-0.7 -147.3
Op. Profit Mgn % -2.48 180 bps-11.24 -1067 bps-4.56 1941 bps-5.83 -1516 bps
Net Profit Mgn % 1.96 1037 bps-8.74 -928 bps-2.88 2008 bps-8.95 -1888 bps

Management X-Ray of TCM:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:49.51%Institutions:7.44%Non-Institutions:43.05%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec24Mar250%10%20%30%40%50%60%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of TCM

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of TCM

Adj EPS (Rs.)

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Sales (Cr.)

Price Chart, Live Stock Chart, Technical Chart of

ROE (%)

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ROCE (%)

Price Chart, Live Stock Chart, Technical Chart of
Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
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GNFC 486.2 -11.8 (-2.4%) Small Cap 7,930 34.2 6.2 14.6 0.9
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Atul 6,736.4 -16.5 (-0.2%) Small Cap 4,358 155 8.5 43.6 3.6
Himadri Speciality 437.9 -23.7 (-5.1%) Small Cap 4,185 11.3 9.6 40.9 6.3
Jubilant Ingrevia 641.8 -12.4 (-1.9%) Small Cap 3,987 12.8 4.2 50.9 4.4
Chemplast Sanmar 411.8 -15.9 (-3.7%) Small Cap 3,923 -5.5 -3.8 - 37.7
Guj. Alkalies & Chem 605.6 -18.9 (-3%) Small Cap 3,807 -3.7 -3.5 - 0.7
GHCL 581.7 -24.7 (-4.1%) Small Cap 3,447 62.5 18 9.7 1.7
India Glycols 1,385.5 -7.3 (-0.5%) Small Cap 3,291 54.2 4.9 25.7 2.4
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales00000.400.924.253.467.1631.65
Operating Expenses 0.430.500.720.361.261.674.225.779.7132
Manufacturing Costs0.170.270.160.060.090.400.260.291.153.01
Material Costs00000.420.651.882.615.8223.26
Employee Cost 0.050.040.030.040.230.260.560.911.052.09
Other Costs 0.210.180.530.250.520.361.521.971.693.64
Operating Profit -0.43-0.50-0.72-0.36-0.86-0.750.03-2.32-2.55-0.35
Operating Profit Margin (%) -----218.0%-81.4%0.7%-67.1%-35.6%-1.1%
Other Income 0.020.060.220.230.041.151.231.020.230.82
Interest 000.0500.120.010.010.010.270.15
Depreciation 0.070.060.06000.010.020.040.190.07
Exceptional Items 000-0.62000-2.5800
Profit Before Tax -0.48-0.50-0.61-0.75-0.950.391.23-3.93-2.780.24
Tax 0000000.250-0.020.04
Profit After Tax -0.48-0.50-0.61-0.75-0.950.390.98-3.93-2.770.20
PAT Margin (%) -----239.0%42.2%23.1%-113.0%-38.6%0.6%
Adjusted EPS (₹)-0.9-0.9-1.1-1.4-1.70.71.8-7.2-3.70.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund -25.80-26.30-26.9133.7332.4232.5533.5427.1334.3834.58
Share Capital 3.403.403.403.403.403.403.403.407.487.48
Reserves -29.20-29.70-30.3130.3329.0229.1630.1423.7326.9027.10
Minority Interest0000000000
Debt24.6825.1525.975.385.385.645.836.011.060.23
Long Term Debt19.6819.6819.6800000.080.060.10
Short Term Debt5.015.476.305.385.385.645.835.9310.13
Trade Payables3.373.383.182.682.973.413.850.471.012.73
Others Liabilities 3.913.913.8923.0628.3723.8325.2929.7336.0552.27
Total Liabilities 6.176.146.1364.8569.1565.4468.5163.3472.5089.81

Fixed Assets

Gross Block2.962.962.9658.0258.0258.0258.4654.7735.3917.19
Accumulated Depreciation1.571.641.700.010.010.020.040.080.270.34
Net Fixed Assets1.391.331.2658.0158.0158.0158.4254.7035.1216.85
CWIP 0000000000
Investments 0.240.240.240.800.440.190.190.170.520.91
Inventories0.950.950.951.371.701.512.411.373.7930.58
Trade Receivables1.511.511.501.501.511.782.521.854.678.45
Cash Equivalents 0.160.190.290.043.720.020.050.270.180.52
Others Assets1.931.931.893.133.773.934.924.9928.2332.50
Total Assets 6.176.146.1364.8569.1565.4468.5163.3472.5089.81

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -0.40-0.43-0.72-4.39-1.63-0.56-0.11-2.79-9.563.74
PBT -0.48-0.50-0.61-0.75-0.950.390.98-3.93-2.780.24
Adjustment 0.070.060.060.1000.010.202.780.48-0.46
Changes in Working Capital 0.010-0.17-3.74-0.69-0.96-0.91-1.65-7.24.22
Tax Paid 00000000-0.05-0.27
Cash Flow From Investing Activity 0003.98-0.01-0.01-0.042.814.39-2.78
Capex 0003.98-0.010-0.433.68-1.49-0.52
Net Investments 00000-0.010.390.5300
Others 0000000-1.405.88-2.26
Cash Flow From Financing Activity 0.410.470.830.155.32-3.140.180.204.99-0.94
Net Proceeds from Shares 0000000010.010
Net Proceeds from Borrowing 00000000.09-0.020.06
Interest Paid 0000000-0.01-0.07-0.13
Dividend Paid 0000000000
Others 0.410.470.830.155.32-3.140.180.11-4.93-0.87
Net Cash Flow 0.010.030.10-0.253.68-3.700.030.22-0.180.01
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)N/AN/AN/A00000-8.990.59
ROCE (%)N/AN/AN/A0000-66.65-7.321.13
Asset Turnover Ratio00000.010.010.060.050.110.39
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A-1.44-0.11N/AN/A18.7
Working Capital Days
Receivable Days00001,38665418523116676
Inventory Days00001,413636168199131198
Payable Days00002,4431,7847063024629

TCM Ltd Stock News

TCM Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of TCM on 30-Apr-2025 16:59 is ₹40.10.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Apr-2025 16:59 the market cap of TCM stood at ₹29.99.
The latest P/E ratio of TCM as of 30-Apr-2025 16:59 is 0.00.
The latest P/B ratio of TCM as of 30-Apr-2025 16:59 is 0.90.
The 52-week high of TCM is ₹79.50 and the 52-week low is ₹35.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TCM is ₹25.88 ( Cr.) .

About TCM Ltd

TCM Limited formerly the Travancore Chemical & Manufacturing Co. Ltd. (TCM) made its debut in 1943 at Kundra in Kerala as a manufacturer of Potassium Chlorate – a vital raw material for the match Industry. In course of time the company diversified into a number of chemicals and established factories at Kalamassery in Kerala.

The company enjoys a premium quality image among its customers and has a proven track record as a reliable supplier. Most of company’s products and processes have been developed by In-house R & D effort and TCM has a competent team of qualified technical and managerial personal. The company employs over 900 people at its four factories in South India.

TCM’s presence in the nation’s activites ranges from Agriculture to Nuclear energy, from Space Science to common man’s Safety Match, from high profile TV industry to a host of industrial clientele.

Product range of the company includes:

The company has been the manufacturers and suppliers of India's best copper sulphate and other industrial chemicals like;

  • Copper Sulphate
  • Copper Oxychloride and its formulations
  • Strontium Nitrate
  • Strontium Carbonate
  • Sodium Sulphide
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