Taparia Tools Ltd

DRHP Status : Not Filed

10010

Current Price 10010

Market Cap 3339 Cr

ISIN INE614R01014

Face Value 10

P/E Ratio 33.5

EPS 65.73

P/B Ratio 10.5

Book Value 208.6

Debt to Equity Ratio 0

P&L Statement	2022	2023	2024
Revenue	668	764	828
Cost of Material Consumed	465	461	451
Gross Margins	30.39	39.66	45.53
Change in Inventory	-56	17	35
Employee Benefit Expenses	32	37	40
Other Expenses	139	155	176
EBITDA	88	94	126
OPM	13.17	12.3	15.22
Other Income	2	4.3	9
Finance Cost	0.1	0.18	0.2
D&A	1.8	1.64	1.3
EBIT	86.2	92.36	124.7
EBIT Margins	12.9	12.09	15.06
PBT	88	96	134
PBT Margins	13.17	12.57	16.18
Tax	22	24	34
PAT	66	72	100
NPM	9.88	9.42	12.08
EPS	217.82	237.62	65.92

Financial Ratios	2022	2023	2024
Operating Profit Margin	13.17	12.3	15.22
Net Profit Margin	9.88	9.42	12.08
Earning Per Share (Diluted)	217.82	237.62	65.92

Assets	2022	2023	2024
Fixed Assets	13.3	14	14
CWIP	5.4	5.6	0
Investments	37	83	150
Trade Receivables	61	66	78
Inventory	176	159	126
Other Assets	24.3	21.4	41
Total Assets	317	349	409

Liabilities	2022	2023	2024
Share Capital	3.03	3.03	15.17
FV	10	10	10
Reserves	235	267	301
Borrowings	0	0	0
Trade Payables	56	50	63
Other Liabilities	22.97	28.97	29.83
Total Liabilities	317	349	409

Annual Report 2023-2024

Annual Report 2022-2023

Annual Report 2021-2022

Annual Report 2020-2021

Annual Report 2019-2020

Name	Holding
Promoters	69.72%
Other Investors	30.28%

Taparia Tools Ltd., established in 1965, is a leading Indian manufacturer and trader of hand tools. The company commenced production in 1969 through a technical collaboration with Bahco of Sweden, ensuring the adoption of advanced manufacturing techniques.

Strengths:

Robust Financial Performance: Taparia Tools has demonstrated consistent growth, with revenue from operations increasing from ₹471.51 crore in FY 2020 to ₹764.49 crore in FY 2023. Profit after tax also rose from ₹30.59 crore to ₹72.33 crore during the same period, indicating strong financial health\
Debt-Free Status: The company operates without debt, enhancing financial stability and reducing interest obligations.
Attractive Dividend Yield: Taparia Tools has a history of substantial dividend payouts, including a final dividend of ₹77.50 per share in FY 2022-23, providing significant returns to shareholders.
High Return on Equity (ROE): With a 3-year ROE of 30.0%, the company effectively utilizes shareholder equity to generate profits.
Superior Product Quality and Customer Satisfaction: Taparia Tools is recognized for its high-quality products, leading to a strong reputation and customer loyalty.

Weaknesses:

Contingent Liabilities: The company has reported contingent liabilities amounting to ₹56.2 crore, which could impact financial stability if they materialize.
Limited Share Liquidity: Despite being listed, Taparia Tools' shares experience low trading volumes, resulting in limited liquidity and potential challenges for investors seeking to buy or sell shares.