10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Archives : Old artciles

Monday, March 12, 2012

Tamil Nadu Petro Products Ltd:Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Tamil Nadu Petro Products Ltd

HBJ Story:Tamilnadu Petroproducts Limited (TPL) was born in the year 1984 with the objective of setting up a 50,000 MTA Linear Alkyl Benzene (LAB) project. TPL has since imprinted winning hall marks successively over the years in Corporate India and the Petrochemical Industry in particular. Over more than a decade, TPL grew in strength, thinking differently, harnessing the resources by laying a fundamental platform for financial strength and responding to customers innovatively by bringing in new products and services.TPL manufactures the following 4 products:
Linear Alkyl Benzene [ LAB ] Heavy Alkylate – a LAB byproduct,Epichlorohydrin and Caustic Soda.LAB is the jewel in the crown of TPL. LAB is primarily used is in the manufacture of Linear Alkyl Benzene Sulfonates (LAS), which finds extensive application in the manufacture of Domestic Detergents, Institutional and Industrial Cleaners. The LAB market for TPL is revolving on a stable market platform, growing day-to-day with a dominant market share for its brand "SUPERLAB".The company generates annual revenues of close to Rs.1000 crores but the profit margins are very dismal at around 1 per cent. Though the company is not much leveraged, the ROE and ROCE are also pathetic.TPL is exposed to 2 major risks as under :The company's reliance on one product namely LAB which constitutes roughly 80% to its revenues.2)Propylene, benzene, N-Paraffin are the inputs for TPL whose price depends on crude oil.Although TPL doles out a Dividend Yield of about 2.6%, it is currently trading at Rs.18 per share. Considering the pathetic state of the company and it's financials, I do not recommend investing in this company.

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner