Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: ₹2.21 (vs ₹1.30 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.21 (up from ₹1.30 in 3Q 2025). Revenue: ₹4.29b (down 6.7% from 3Q 2025). Net income: ₹198.8m (up 70% from 3Q 2025). Profit margin: 4.6% (up from 2.5% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Announcement • Jan 29
Tamilnadu Petroproducts Limited to Report Q3, 2026 Results on Feb 04, 2026 Tamilnadu Petroproducts Limited announced that they will report Q3, 2026 results on Feb 04, 2026 New Risk • Jan 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.99b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (59% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹8.99b market cap, or US$99.7m). Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹3.81 (vs ₹0.52 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.81 (up from ₹0.52 in 2Q 2025). Revenue: ₹4.71b (up 4.7% from 2Q 2025). Net income: ₹342.4m (up ₹295.2m from 2Q 2025). Profit margin: 7.3% (up from 1.0% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Nov 03
Tamilnadu Petroproducts Limited to Report Q2, 2026 Results on Nov 11, 2025 Tamilnadu Petroproducts Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 11, 2025 Announcement • Sep 18
Tamilnadu Petroproducts Limited Declares A Dividend Tamilnadu Petroproducts Limited at its Annual General Meeting of the shareholders held on September 17, 2025 approved to declare a dividend of INR 1.20 per equity share. Upcoming Dividend • Sep 02
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 09 September 2025. Payment date: 17 October 2025. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.7%). Declared Dividend • Aug 14
Dividend of ₹1.20 announced Dividend of ₹1.20 is the same as last year. Ex-date: 9th September 2025 Payment date: 17th October 2025 Dividend yield will be 1.2%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 6.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 13
Tamilnadu Petroproducts Limited, Annual General Meeting, Sep 17, 2025 Tamilnadu Petroproducts Limited, Annual General Meeting, Sep 17, 2025, at 14:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹3.92 (vs ₹1.67 in 1Q 2025) First quarter 2026 results: EPS: ₹3.92 (up from ₹1.67 in 1Q 2025). Revenue: ₹4.71b (up 1.9% from 1Q 2025). Net income: ₹352.5m (up 134% from 1Q 2025). Profit margin: 7.5% (up from 3.3% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Aug 06
Tamilnadu Petroproducts Limited to Report Q1, 2026 Results on Aug 12, 2025 Tamilnadu Petroproducts Limited announced that they will report Q1, 2026 results on Aug 12, 2025 New Risk • Aug 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.67b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 14% per year over the past 5 years. High level of non-cash earnings (42% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹8.67b market cap, or US$99.1m). Reported Earnings • May 12
Full year 2025 earnings released: EPS: ₹6.49 (vs ₹5.56 in FY 2024) Full year 2025 results: EPS: ₹6.49 (up from ₹5.56 in FY 2024). Revenue: ₹18.5b (up 11% from FY 2024). Net income: ₹583.5m (up 17% from FY 2024). Profit margin: 3.1% (up from 3.0% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Apr 30
Tamilnadu Petroproducts Limited to Report Q4, 2025 Results on May 06, 2025 Tamilnadu Petroproducts Limited announced that they will report Q4, 2025 results on May 06, 2025 Reported Earnings • Feb 05
Third quarter 2025 earnings released: EPS: ₹1.30 (vs ₹0.50 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.30 (up from ₹0.50 in 3Q 2024). Revenue: ₹4.67b (up 35% from 3Q 2024). Net income: ₹117.0m (up 158% from 3Q 2024). Profit margin: 2.5% (up from 1.3% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Feb 05
Tamilnadu Petroproducts Limited Appoints C Parthiban as Chief Financial Officer Tamilnadu Petroproducts Limited announced that Mr. C Parthiban has been appointed as Chief Financial Officer of the Company effective 12 February 2025. Mr. C Parthiban is a Chartered Accountant and also holds bachelor's degree in Corporate Secretaryship. He has rich experience and expertise in the areas of accounting, auditing, taxation, treasury and finance. He had worked with various entities including Maersk India, Deutsche Babcock, Fenner India, Hindalco, Ashok Leyland. His association with Ashok Leyland Group was as Vice President, and subsequently moved Switch Mobility Automotive, an electric division of Ashok Leyland, as CFO. He also had an opportunity to work with Switch Mobility UK on an assignment in the year 2023 & 24. He had worked in TPL for over 3 years during 2007- 10 as Senior General Manager (Finance). Announcement • Jan 28
Tamilnadu Petroproducts Limited to Report Q3, 2025 Results on Feb 04, 2025 Tamilnadu Petroproducts Limited announced that they will report Q3, 2025 results on Feb 04, 2025 Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ₹0.52 (vs ₹1.98 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.52 (down from ₹1.98 in 2Q 2024). Revenue: ₹4.58b (up 5.5% from 2Q 2024). Net income: ₹47.2m (down 74% from 2Q 2024). Profit margin: 1.0% (down from 4.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Nov 01
Tamilnadu Petroproducts Limited to Report Q2, 2025 Results on Nov 11, 2024 Tamilnadu Petroproducts Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Announcement • Oct 22
Tamilnadu Petroproducts Limited Appoints Mariam Pallavi Baldev as an Additional Director Under Non-Executive Category and Chairperson of the Board The Board of Directors of Tamilnadu Petroproducts Limited had appointed Ms. Mariam Pallavi Baldev, IAS as an Additional Director under Non-Executive Category and Chairperson of the Board with effect from October 22, 2024. Approval of the members will be obtained in compliance with Regulation 17(1)(c) of the Listing Regulations. Ms. Mariam Pallavi Baldev is a 2008 batch IAS Officer is currently the Special Secretary - Industries, Investment Promotion & Commerce Department. She had served as Sub-Collector - Dharmapuri, Joint Commissioner (Enforcement) Commercial Taxes Department in Coimbatore and Chennai, and also as Collector of Theni District of Tamil Nadu. She has rich experience in public administration and held many key positions in various departments of Government of Tamil Nadu. Term of Appointment: Director nominated by Tamilnadu lndustrial Development Corporation Limited (TIDCO), Promoter of the Company appointed as an Additional Director of the Company. Announcement • Sep 27
Tamilnadu Petroproducts Limited Declares Dividend Tamilnadu Petroproducts Limited at its Annual General Meeting of the shareholders held on September 27, 2024 approved to declare a dividend of INR 1.20 per equity share. New Risk • Sep 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.32b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹8.32b market cap, or US$99.4m). Upcoming Dividend • Sep 11
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 18 September 2024. Payment date: 26 October 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.3%. Within top quartile of Indian dividend payers (1.0%). Higher than average of industry peers (0.6%). New Risk • Aug 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.34b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹8.34b market cap, or US$99.3m). Declared Dividend • Aug 08
Dividend reduced to ₹1.20 Dividend of ₹1.20 is 20% lower than last year. Ex-date: 18th September 2024 Payment date: 26th October 2024 Dividend yield will be 1.3%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 16% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 76% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.8% EPS decline seen over the last 5 years. Announcement • Aug 07
Tamilnadu Petroproducts Limited, Annual General Meeting, Sep 26, 2024 Tamilnadu Petroproducts Limited, Annual General Meeting, Sep 26, 2024, at 15:30 Indian Standard Time. Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: ₹1.67 (vs ₹1.71 in 1Q 2024) First quarter 2025 results: EPS: ₹1.67 (down from ₹1.71 in 1Q 2024). Revenue: ₹4.70b (up 4.1% from 1Q 2024). Net income: ₹150.5m (down 2.4% from 1Q 2024). Profit margin: 3.2% (down from 3.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Jul 30
Tamilnadu Petroproducts Limited to Report Q1, 2025 Results on Aug 06, 2024 Tamilnadu Petroproducts Limited announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: ₹5.56 (vs ₹10.47 in FY 2023) Full year 2024 results: EPS: ₹5.56 (down from ₹10.47 in FY 2023). Revenue: ₹17.1b (down 21% from FY 2023). Net income: ₹500.6m (down 47% from FY 2023). Profit margin: 2.9% (down from 4.4% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • May 09
Tamilnadu Petroproducts Limited to Report Q4, 2024 Results on May 14, 2024 Tamilnadu Petroproducts Limited announced that they will report Q4, 2024 results on May 14, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: ₹0.50 (vs ₹2.92 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.50 (down from ₹2.92 in 3Q 2023). Revenue: ₹3.54b (down 31% from 3Q 2023). Net income: ₹45.4m (down 83% from 3Q 2023). Profit margin: 1.3% (down from 5.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Announcement • Jan 25
Tamilnadu Petroproducts Limited to Report Q3, 2024 Results on Feb 08, 2024 Tamilnadu Petroproducts Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 03
Second quarter 2024 earnings released: EPS: ₹1.98 (vs ₹3.10 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.98 (down from ₹3.10 in 2Q 2023). Revenue: ₹4.43b (down 27% from 2Q 2023). Net income: ₹178.1m (down 36% from 2Q 2023). Profit margin: 4.0% (down from 4.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Announcement • Oct 28
Tamilnadu Petroproducts Limited Announces Resignation of Ms. Jayashree Muralidharan, IAS, Non-Executive Non-Independent Director Tamilnadu Petroproducts Limited announced resignation of Ms. Jayashree Muralidharan, IAS (DIN: 03048710), Non-Executive Non-Independent Director nominated by Tamilnadu Industrial Development Corporation Limited (TIDCO), consequent to withdrawal of her nomination by TIDCO. The resignation is effective from October 26, 2023. Announcement • Oct 26
Tamilnadu Petroproducts Limited to Report Q2, 2024 Results on Nov 02, 2023 Tamilnadu Petroproducts Limited announced that they will report Q2, 2024 results on Nov 02, 2023 Board Change • Oct 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 3 highly experienced directors. Non-Independent & Non-Executive Director Jayashree Muralidharan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 11
Tamilnadu Petroproducts Limited Announces Resignation of R Bhuvaneswari as Non-Executive, Non-Independent Director Tamilnadu Petroproducts Limited informed that Ms. R Bhuvaneswari (DIN: 06360681), Non-Executive, Non-Independent Director" nominated by Tamilnadu Industrial Development Corporation Limited (TIDCO) has resigned, consequent to withdrawal of her nomination by TIDCO. As per Section 168 of the Companies Act 2013, the resignation is effective from 9th October 2023, being the date of receipt of the letter of resignation from TIDCO. Announcement • Oct 07
Tamilnadu Petroproducts Limited Announces Resignation of S Krishnan as Chairman and Non-Executive, Non-Independent Director Tamilnadu Petroproducts Limited announced that Mr. S Krishnan, IAS (DIN: 03439632), Chairman and Non-Executive, Non-Independent Director nominated by the company has resigned, consequent to withdrawal of his nomination by TIDCO. As per Section 168 of the Companies Act 2013, the resignation is effective from 5th October 2023. Upcoming Dividend • Sep 11
Upcoming dividend of ₹1.50 per share at 1.5% yield Eligible shareholders must have bought the stock before 18 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 14% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.8%). Announcement • Sep 05
Tamilnadu Petroproducts Limited Proposes Dividend for the 31St March 2023 Tamilnadu Petroproducts Limited proposes dividend of 1.50 per equity share on 8,99,71,474 Equity Shares of 10/- each, absorbing 13,49,57,211 at its AGM to held on September 26, 2023.for the 31st March 2023. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹1.71 (vs ₹3.20 in 1Q 2023) First quarter 2024 results: EPS: ₹1.71 (down from ₹3.20 in 1Q 2023). Revenue: ₹4.51b (down 19% from 1Q 2023). Net income: ₹154.2m (down 47% from 1Q 2023). Profit margin: 3.4% (down from 5.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 09
Tamilnadu Petroproducts Limited, Annual General Meeting, Sep 26, 2023 Tamilnadu Petroproducts Limited, Annual General Meeting, Sep 26, 2023, at 16:30 Indian Standard Time. Announcement • Aug 01
Tamilnadu Petroproducts Limited to Report Q1, 2024 Results on Aug 08, 2023 Tamilnadu Petroproducts Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Announcement • May 25
Tamilnadu Petroproducts Limited Recommends Payment of Dividend for the Financial Year Ended 31 March 2023 Tamilnadu Petroproducts Limited announced that Board of Directors of the Company at the meeting held on May 23, 2023 recommended payment of 15% dividend i.e. INR 1.50 per equity share of INR 10 each, fully paid-up, for the financial year ended 31 March 2023, subject To Approve the Members at the upcoming Annual General Meeting (AGM). Reported Earnings • May 24
Full year 2023 earnings released: EPS: ₹10.47 (vs ₹19.49 in FY 2022) Full year 2023 results: EPS: ₹10.47 (down from ₹19.49 in FY 2022). Revenue: ₹21.8b (up 21% from FY 2022). Net income: ₹941.9m (down 46% from FY 2022). Profit margin: 4.3% (down from 9.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 07
Tamilnadu Petroproducts Limited Appoints Sangeetha Sekar as Company Secretary Tamilnadu Petroproducts Limited at its board meeting held on February 6, 2023 has appointed Ms. Sangeetha Sekar (Membership No. ACS 31391), as Company Secretary and Compliance Officer of the Company with immediate effect. Ms. Sangeetha Sekar holds a bachelor's degree in Corporate Secretaryship and also an Associate Member of the Institute of Company Secretaries of India (ICSI) with over 10 years of post- qualification experience in Secret aria I & Compliance Functions including Listed Companies. Reported Earnings • Feb 07
Third quarter 2023 earnings released: EPS: ₹2.92 (vs ₹5.36 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.92 (down from ₹5.36 in 3Q 2022). Revenue: ₹5.27b (up 17% from 3Q 2022). Net income: ₹262.9m (down 46% from 3Q 2022). Profit margin: 5.0% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 31% per year. Announcement • Feb 01
Tamilnadu Petroproducts Limited Announces Cessation of V Balamurugan as Secretary and Compliance Officer Tamilnadu Petroproducts Limited announced that Mr. V Balamurugan has ceased to be the Company Secretary and Compliance Officer of the Company with effect from close of business hours of January 31, 2023, consequent to his separation by resignation. Announcement • Jan 26
Tamilnadu Petroproducts Limited to Report Q3, 2023 Results on Feb 06, 2023 Tamilnadu Petroproducts Limited announced that they will report Q3, 2023 results on Feb 06, 2023 Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: ₹3.10 (vs ₹5.17 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.10 (down from ₹5.17 in 2Q 2022). Revenue: ₹6.09b (up 33% from 2Q 2022). Net income: ₹278.8m (down 40% from 2Q 2022). Profit margin: 4.6% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 39% per year. Announcement • Oct 22
Tamilnadu Petroproducts Limited to Report Q2, 2023 Results on Nov 01, 2022 Tamilnadu Petroproducts Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 01, 2022 Upcoming Dividend • Sep 14
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 29 October 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.7%). Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: ₹3.20 (vs ₹6.19 in 1Q 2022) First quarter 2023 results: EPS: ₹3.20 (down from ₹6.19 in 1Q 2022). Revenue: ₹5.62b (up 22% from 1Q 2022). Net income: ₹288.1m (down 48% from 1Q 2022). Profit margin: 5.1% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 43% per year. Announcement • Aug 09
Tamilnadu Petroproducts Limited, Annual General Meeting, Sep 29, 2022 Tamilnadu Petroproducts Limited, Annual General Meeting, Sep 29, 2022, at 15:00 Indian Standard Time. Announcement • Aug 05
Tamilnadu Petroproducts Limited Announces Board Resignations Tamilnadu Petroproducts Limited informed that Mr. Pankaj Kumar Bansal, Non-Executive, Non Independent Director of the Company nominated by Tamilnadu Industrial Development Corporation Limited (TIDCO), has resigned consequent to withdrawal of his nomination by TIDCO. Board Change • May 31
High number of new directors Non-lndependent Non-Executive Chairman S. Krishnan was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹92.70, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 17x in the Chemicals industry in India. Total returns to shareholders of 167% over the past three years. Announcement • May 25
Tamilnadu Petroproducts Limited Recommends Dividend for the Year 2021-22 Tamilnadu Petroproducts Limited announced that at the board meeting held on May 23, 2022, the company has recommended a dividend of INR 3/- per equity share of INR 10/- each fully paid-up, (30%) for the year 2021-22 subject To Approve the Members at the up coming Annual General Meeting (AGM). Reported Earnings • May 25
Full year 2022 earnings released: EPS: ₹19.49 (vs ₹14.03 in FY 2021) Full year 2022 results: EPS: ₹19.49 (up from ₹14.03 in FY 2021). Revenue: ₹18.2b (up 59% from FY 2021). Net income: ₹1.75b (up 39% from FY 2021). Profit margin: 9.6% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Tamilnadu Petroproducts Limited to Report Fiscal Year 2022 Results on May 23, 2022 Tamilnadu Petroproducts Limited announced that they will report fiscal year 2022 results on May 23, 2022 Board Change • Apr 27
High number of new directors Non-lndependent Non-Executive Chairman S. Krishnan was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 15% share price gain to ₹118, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 273% over the past three years. Announcement • Feb 10
Tamilnadu Petroproducts Limited Appoints V. Balamurugan as Company Secretary and Compliance Officer Tamilnadu Petroproducts Limited announced at the board meeting held on February 9, 2022, the directors has appointed Mr. V. Balamurugan, (Membership No. 448545), as Company Secretary and Compliance Officer of the Company with effect from 09th February, 2022. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹5.36 (up from ₹2.57 in 3Q 2021). Revenue: ₹4.54b (up 56% from 3Q 2021). Net income: ₹482.0m (up 109% from 3Q 2021). Profit margin: 11% (up from 8.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 53% per year whereas the company’s share price has increased by 52% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS ₹5.17 (vs ₹2.87 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: ₹4.65b (up 63% from 2Q 2021). Net income: ₹464.7m (up 80% from 2Q 2021). Profit margin: 10.0% (in line with 2Q 2021). Board Change • Sep 15
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Chairman Narayanaswamy Muruganandam was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 14
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Chairman Narayanaswamy Muruganandam was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 09
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Chairman Narayanaswamy Muruganandam was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 07
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Chairman Narayanaswamy Muruganandam was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 04
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Chairman Narayanaswamy Muruganandam was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 03
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Chairman Narayanaswamy Muruganandam was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Non-Executive Chairman Narayanaswamy Muruganandam was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 26
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 11 October 2021. Trailing yield: 2.2%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 15% share price gain to ₹139, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 363% over the past three years. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS ₹14.03 (vs ₹7.03 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹11.5b (down 6.5% from FY 2020). Net income: ₹1.26b (up 99% from FY 2020). Profit margin: 11% (up from 5.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Jun 22
Non-Executive Chairperson Kakarla Usha has left the company On the 14th of June, Kakarla Usha's tenure as Non-Executive Chairperson ended after 1.5 years in the role. We don't have any record of a personal shareholding under Kakarla's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years. Executive Departure • Jun 22
Non-Executive Non-Independent Director Kaliappanpalayam Karthikeyan has left the company On the 18th of June, Kaliappanpalayam Karthikeyan's tenure as Non-Executive Non-Independent Director ended after 1.3 years in the role. We don't have any record of a personal shareholding under Kaliappanpalayam's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 15% share price gain to ₹107, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 201% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 15% share price gain to ₹84.50, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 18% share price gain to ₹60.30, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 17x in the Chemicals industry in India. Total returns to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improved over the past week After last week's 24% share price gain to ₹50.35, the stock is trading at a trailing P/E ratio of 6.5x, up from the previous P/E ratio of 5.3x. This compares to an average P/E of 17x in the Chemicals industry in India. Total return to shareholders over the past three years is a loss of 7.4%. Is New 90 Day High Low • Feb 25
New 90-day high: ₹45.40 The company is up 14% from its price of ₹39.80 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Chemicals industry, which is up 13% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹2.57 (vs ₹1.58 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.91b (up 3.2% from 3Q 2020). Net income: ₹231.1m (up 62% from 3Q 2020). Profit margin: 8.0% (up from 5.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Jan 29
Tamilnadu Petroproducts Limited to Report Q3, 2021 Results on Feb 08, 2021 Tamilnadu Petroproducts Limited announced that they will report Q3, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Jan 06
New 90-day high: ₹45.25 The company is up 25% from its price of ₹36.20 on 08 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: ₹42.15 The company is up 11% from its price of ₹37.95 on 03 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹2.87 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹2.89b (down 15% from 2Q 2020). Net income: ₹258.0m (up 18% from 2Q 2020). Profit margin: 8.9% (up from 6.4% in 2Q 2020). The increase in margin was driven by lower expenses. Announcement • Nov 11
Tamilnadu Petroproducts Limited Announces Appointment of Meenakshi Jayaraman as Company Secretary and Compliance Officer Tamilnadu Petroproducts Limited announced that at the Board of Directors meeting held on November 10, 2020 has appointed Mrs. Meenakshi Jayaraman as the Company Secretary and Compliance Officer of the Company with effect from November 10,2020. Ms. Meenakshi Jayaraman, is a graduate in Commerce and an Associate Member of Institute of Company Secretaries of India (ICSD. She has about seven years of post qualification experience as company secretary of listed and unlisted companies. Announcement • Nov 01
Tamilnadu Petroproducts Limited to Report Q2, 2021 Results on Nov 10, 2020 Tamilnadu Petroproducts Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Announcement • Sep 19
T. Yeshwanth acquired 7.4% stake in Tamilnadu Petroproducts Limited (BSE:500777) from Sri Kesvan Advisory Services Pvt Limited. T. Yeshwanth acquired 7.4% stake in Tamilnadu Petroproducts Limited (BSE:500777) from Sri Kesvan Advisory Services Pvt Limited on April 26, 2018. As per the transaction, T. Yeshwanth acquired 6.68 million shares of Tamilnadu Petroproducts Limited.
T. Yeshwanth completed the acquisition of 7.4% stake in Tamilnadu Petroproducts Limited (BSE:500777) from Sri Kesvan Advisory Services Pvt Limited on April 26, 2018.