Tirupati Foam Ltd - Stock Valuation and Financial Performance

BSE: 540904 | NSE: | Textile | Small Cap

Tirupati Foam Share Price

139 6.00 4.51%
as on 21-Nov'24 16:59

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Tirupati Foam stock performance -

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P/E Ratio (SA):
29.79
Market Cap:
61.3 Cr.
52-wk low:
70
52-wk high:
139

Is Tirupati Foam Ltd an attractive stock to invest in?

1. Is Tirupati Foam Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Tirupati Foam Ltd is a average quality company.

2. Is Tirupati Foam Ltd undervalued or overvalued?

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

3. Is Tirupati Foam Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Tirupati Foam 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 Tirupati Foam:

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.
Tirupati Foam Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12%13%12%12.9%13.3%12%8.4%9.3%10.3%10.6%-
Value Creation
Index
-0.1-0.1-0.2-0.1-0.1-0.1-0.4-0.3-0.3-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 86.377.17296.910379.973.6103102104104
Sales YoY Gr.--10.6%-6.7%34.6%6.5%-22.6%-7.9%39.6%-1%2.3%-
Adj EPS 33.63.14.66.252.54.24.44.84.7
YoY Gr.-19%-12.3%46.3%34.5%-18.5%-50.8%68.4%5.5%8.4%-
BVPS (₹) 41.442.446.248.852.455.958.462.66669.870.9
Adj Net
Profit
1.31.61.422.72.21.11.81.92.12
Cash Flow from Ops. 10.613.26.12.64.69.36.515.15.39-
Debt/CF from Ops. 3.82.55.614.39.458.12.98.44.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.1%0.2%12.2%2.3%
Adj EPS 5.3%-5%24.4%8.4%
BVPS6%5.9%6.1%5.8%
Share Price 21.4% 25.9% 27.4% 58%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
7.38.57.19.612.29.34.36.96.876.6
Op. Profit
Mgn %
11.211.810.58.99.511.710.58.89.28.78.4
Net Profit
Mgn %
1.521.92.12.62.81.51.81.922
Debt to
Equity
2.21.71.71.71.91.92.11.61.51.20.4
Working Cap
Days
17117017816316121125018217016589
Cash Conv.
Cycle
11711811110111014316111511311517

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.22%

Net Profit is growing at healthy rate in last 3 years 24.44%

Return on Equity has declined versus last 3 years average to 6.60%

Debt to equity has increased versus last 3 years average to 1.24

Sales growth is not so good in last 4 quarters at 5.45%

Latest Financials - Tirupati Foam Ltd.

Standalone Consolidated
TTM EPS (₹) 4.7 -
TTM Sales (₹ Cr.) 104 -
BVPS (₹.) 70.9 -
Reserves (₹ Cr.) 27 -
P/BV 1.96 -
PE 29.79 -
From the Market
52 Week Low / High (₹) 70.02 / 139.00
All Time Low / High (₹) 10.00 / 300.00
Market Cap (₹ Cr.) 61.3
Equity (₹ Cr.) 4.4
Face Value (₹) 10
Industry PE 26.8

Management X-Ray of Tirupati Foam:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Tirupati Foam

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales86.3077.1271.9796.89103.1579.8573.58102.68101.65103.99
Operating Expenses 76.6168.0764.4188.3293.4670.4865.8793.6692.3694.99
Manufacturing Costs5.495.544.844.665.616.466.336.506.957.74
Material Costs67.5658.2156.1379.1181.7057.8756.3183.4681.3381.44
Employee Cost 0.690.710.790.961.141.171.191.161.341.49
Other Costs 2.863.612.653.605.024.982.052.542.754.32
Operating Profit 9.699.057.558.569.709.377.719.029.299
Operating Profit Margin (%) 11.2%11.7%10.5%8.8%9.4%11.7%10.5%8.8%9.1%8.7%
Other Income 0.380.340.730.600.370.590.090.260.440.54
Interest 5.184.803.874.014.605.124.714.454.824.77
Depreciation 2.872.291.951.901.781.671.542.302.262.01
Exceptional Items 0000000000
Profit Before Tax 2.012.312.463.253.693.161.552.542.642.76
Tax 0.700.780.841.081.040.790.460.710.740.66
Profit After Tax 1.321.531.622.182.652.371.091.831.902.10
PAT Margin (%) 1.5%2.0%2.3%2.2%2.6%3.0%1.5%1.8%1.9%2.0%
Adjusted EPS (₹)3.03.53.74.96.05.42.54.14.34.8
Dividend Payout Ratio (%)50%57%54%40%25%0%0%24%23%21%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 18.2618.7320.4121.5223.1124.6725.7727.6129.1030.78
Share Capital 4.444.444.444.444.444.444.444.444.444.44
Reserves 13.8214.2915.9717.0818.6720.2321.3323.1824.6626.34
Minority Interest0000000000
Debt37.1629.7331.5733.8642.6545.1447.6939.9040.3834.85
Long Term Debt18.4213.5112.5912.7020.1921.6624.4523.7518.4612.78
Short Term Debt18.7316.2218.9721.1622.4723.4923.2516.1521.9222.07
Trade Payables9.346.8213.1010.428.7311.2913.1916.3710.3312.21
Others Liabilities 4.704.424.013.821.904.318.327.057.517.42
Total Liabilities 69.4659.7069.0969.6276.3985.4194.9790.9487.3385.27

Fixed Assets

Gross Block41.1541.6942.4843.1354.1258.1563.3067.6568.6668.52
Accumulated Depreciation16.3218.6020.4222.2223.8825.4226.9529.1531.3633.11
Net Fixed Assets24.8323.0822.0720.9030.2432.7336.3638.5137.3035.41
CWIP 000004.301.91000
Investments 000.540.010.010.010.010.010.010.01
Inventories12.617.5915.6017.2814.9015.5022.2123.3223.8027.64
Trade Receivables29.7526.7724.7324.0927.1427.6627.2823.6120.3017.88
Cash Equivalents 0.250.293.102.530.520.592.622.262.550.56
Others Assets2.021.963.054.813.594.634.593.233.363.76
Total Assets 69.4659.7069.0969.6276.3985.4194.9790.9487.3385.27

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 10.5713.226.112.564.639.316.5015.095.279.01
PBT 2.012.312.463.253.693.161.552.542.642.76
Adjustment 7.987.305.325.826.096.616.166.496.666.28
Changes in Working Capital 1.045.08-0.82-5.67-3.820.59-0.716.41-3.280.69
Tax Paid -0.46-1.47-0.85-0.85-1.33-1.06-0.50-0.35-0.75-0.72
Cash Flow From Investing Activity -1.08-0.20-1.09-1.73-7.72-5.73-2.30-1.33-0.610.13
Capex -1.46-0.54-1.46-0.74-10.14-6.17-2.38-1.80-1.01-0.08
Net Investments 00-0.010000000
Others 0.380.340.38-12.420.430.080.470.400.20
Cash Flow From Financing Activity -10.27-13.02-3.05-2.763.13-3.43-2.16-13.88-4.38-11.36
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -2.16-4.91-0.900.107.481.472.79-0.70-5.30-5.67
Interest Paid -5.18-4.80-3.85-3.99-4.59-4.90-4.48-4.22-4.60-4.54
Dividend Paid -0.77-0.80-0.88-0.88-0.88-0.6600-0.44-0.44
Others -2.14-2.522.582.011.130.66-0.46-8.965.96-0.70
Net Cash Flow -0.7801.97-1.940.040.142.04-0.120.28-2.22
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)7.328.318.3110.411.899.934.326.856.717.03
ROCE (%)12.0113.0311.9712.8813.2712.048.379.3310.3310.58
Asset Turnover Ratio1.361.341.271.441.410.990.821.111.141.21
PAT to CFO Conversion(x)8.018.643.771.171.753.935.968.252.774.29
Working Capital Days
Receivable Days1131191158991125136907967
Inventory Days48435260576993818490
Payable Days51516554436379656051

Tirupati Foam Ltd Stock News

Tirupati Foam Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Tirupati Foam on 21-Nov-2024 16:59 is ₹139.0.
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 21-Nov-2024 16:59 the market cap of Tirupati Foam stood at ₹61.26.
The latest P/E ratio of Tirupati Foam as of 21-Nov-2024 16:59 is 29.79.
The latest P/B ratio of Tirupati Foam as of 21-Nov-2024 16:59 is 1.96.
The 52-week high of Tirupati Foam is ₹139.0 and the 52-week low is ₹70.02.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tirupati Foam is ₹104.3 ( Cr.) .

About Tirupati Foam Ltd

Tirupati Foam Limited had made a humble but formidable beginning in 1986 when four 1st generation entrepreneurs, Babulal N. Shah, Roshan P. Sanghvi, Satish A. Mehta  and Deepak T. Mehta joined hands together in the state of Gujarat.

The company started manufacturing a wide range of industrial foam. To cater to the ever increasing demand of the markets of all India, the company forayed into the arena of branded foam products & evolved an enviable range of consumer comfort products under the name of 'Sweet Dream'. Due to its stringent quality control & undiluted efforts of the Management, 'Sweet Dream' soon became a household name in whole India.

The expansion of the company's dealer network, popular market demand of its product range & a steep rise in the production capacity saw a step wise success story of Tirupati Foam. Initially the company started in the name of ‘Tirupati Foam Private'. Now the firm has entered a never ending phase of success and it developed into ‘Tirupati Foam’. This was a major leap into the future from where the company has never looked back.

Their ability to develop foam with special properties, produce precisely controlled cell sizes combined with their overall technical applications expertise and well developed channels of distribution, makes Tirupati Foam, an undisputed, leading producer and marketer of specially flexible poly urethane foam.

The company’s Polyurethane foam is a unique, environmental friendly, versatile material. All their products are produced based on strict, well documented specifications that ensure consistent performance for years together. All their products are available countrywide.

In September 2003, the company launched an exclusive & innovative range of covered Flexi-Puf Mattresses under Brand Name 'Hindustani' which has received a massive warm response from all over the country.

Product range of the company includes:

  • Hindustani Mattress
  • Sofa n Bed
  • Bolster
  • Back Cushion
  • Puf Cushion
  • Bondo -puf Mattress
  • Wonder Couch
  • Puf Pillow
  • Contour Pillow
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