TATA Group Subsidiaries: Despite the pandemic’s impact on the world economy during the past two years, several Indian stocks have made it onto the list of multibagger stocks. Investor interest in making money on the stock market has surged under such circumstances. This information may be helpful to you if you are seeking for multibagger stocks and are considering making money on the stock market.
The top five hidden TATA Group Subsidiaries, which provided investors with fantastic returns in a single year, will be discussed today. TATA Group Subsidiaries because they are the types of businesses that aren’t well-known and that few people would be familiar with, but have a high growth potential.
5 Hidden TATA Group Subsidiaries No One Know About
Below are lesser known TATA Group Subsidiaries that you should consider before investing anywhere else:
TATA Group Subsidiaries: Tayo Rolls
| BSE Code | 504961 |
| NSE Code | TATAYODOGA |
Tayo Rolls Share Price: 93.35 INR
TATA Group Subsidiaries: In 1968, Yodogawa Steel Works of Japan and Tata Steel collaborated to create Tayo Rolls Limited, a division of Tata Steel. In order to keep up with the latest technological advancements, Tayo formed an agreement with Austria’s ESW in 1992.
Tayo has been a market leader from its start and has satisfied the nation’s roll requirements for a wide range of sectors. Tayo has kept up with the changing demands of the market by making constant advancements to both its processes and products, offering greater value to its clients in the form of increased rolling per roll. Tayo provides its clients with services through devoted staff members that have a wealth of knowledge and are skilled in the use of both hot and cold rolling applications.
The business has successfully expanded into producing specialised castings for use in power plants and has established a strong market position. In India, Tayo has a sizable consumer base. Additionally, it has been shipping rolls to countries like Australia, Austria, Bangladesh, Belgium, Canada, Egypt, Germany, Indonesia, Kazakhstan, Nepal, Norway, New Zealand, Oman, Qatar, Saudi Arabia, Sweden, Singapore, South Africa, Triniland, Talwan, UAE, Romania, Chez Republic, and the United States.
Growth Parameters
Past 10 years info.
| Particluars | Mar’12 | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | -18.3% | -11.5% | -32.1% | -28.6% | -83.1% | -507.2% | 119.2% | 52.6% | 18% | 7.3% | – |
| Value Creation Index | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | – |
| Sales | 140 | 177 | 152 | 142 | 126 | 42.2 | 0.4 | 0 | 0 | 0 | 0 |
| YoY Gr. Rt. % | – | 27% | -14.4% | -6.7% | -11% | -66.5% | -99.2% | -100% | NA | NA | – |
| Adj EPS | -53.1 | -35.6 | -72.8 | -60.1 | -91.9 | -63.2 | -29.2 | -19.5 | -7.7 | -3.5 | -3.4 |
| YoY Gr. Rt. % | – | NA | NA | NA | NA | NA | NA | NA | NA | NA | – |
| BVPS (₹) | -5.6 | -38.5 | -112.1 | -178.4 | -331.1 | -411.9 | -436.9 | -456.3 | -463.7 | -465.1 | -468.5 |
| Adj Net Profit | -54.5 | -36.6 | -74.7 | -61.7 | -94.3 | -64.8 | -30 | -20 | -7.9 | -3.5 | -3 |
| Cash Flow from Ops. | 1 | -9.4 | -29.5 | -24.8 | -13.8 | -14.9 | -21.3 | -4.6 | -0.1 | -1.7 | – |
| Debt/CF from Ops. | 140.2 | -16.1 | -4.4 | -4.6 | -27.3 | -27.2 | -20 | -93.4 | -7758.2 | -250.9 | – |
Product range of the company includes:
- Tayo Rolls has the capacity and aptitude to satisfy even the most stringent mill specifications. Tayo rollers are specially made to roll both long and flat items. By importing Forged Heat treated rough turned blanks from Union Electric Steel, USA, Tayo Rolls is also serving the domestic cold rolling industry. Before being sent to the customer in full, these blanks are polished and ultrasonically inspected at Tayo.
- Forged Rolls: Tayo and Union Electric Steel Corporation (UES), in the United States, have a contract that allows us to purchase forge-hardened rough-turned rolls and finish-machine them in our factory in Jamshedpur. To meet the demands of both ferrous and non-ferrous industries for both hot and cold applications, it can complete the forged rolls in a broad variety of sizes and qualities.
- Tayo has established itself as a supplier of Grinding Rings and Balls to Thermal Power Plants through its Special Castings division. Tayo Rings and Balls are of an international grade thanks to specially created chemistry, structural process, and quality control. Grinding rings made of TAYOHARD STANDARD, TAYOHARD SUPER, and balls made of TAYOCHROME STEEL are produced by TAYO and offer better performance. Currently available products include grinding rings and balls for B & W coal mill types E-64, E-70, EL-76, E-8.5, E-90, 10-E, and 12-E with solid and hollow balls ranging in diameter from 450 mm to 734 mm.
- Pig Iron: In addition to rolls and special castings, Tayo Rolls Limited sells foundry grades of pig iron through a backward-integrated manufacturing process. The firm now produces 7 distinct grades of pig iron. TAYO Rolls started commercial production on February 1st, 2005, with a 34,000 tpa capacity.
- Cast Rolls
Financial Parameters
Past 10 years info.
| Particulars | Mar’12 | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % | -85.7 | -58.6 | -145.7 | -113.2 | 65.5 | 17 | 6.9 | 4.4 | 1.7 | 0.7 | 0.7 |
| Op. Profit Mgn % | -11.4 | -0.9 | -10.2 | -22.2 | -30.8 | -93 | -5317.3 | 0 | 0 | 0 | 0 |
| Net Profit Mgn % | -39 | -20.6 | -49.2 | -43.5 | -74.8 | -153.6 | -8602.4 | 0 | 0 | 0 | 0 |
| Debt to Equity | 1.8 | 3.3 | 2.3 | 2.2 | -1.1 | -1 | -1 | -0.9 | -0.9 | -0.9 | – |
| Working Cap Days | 222 | 180 | 253 | 306 | 293 | 485 | 32,594 | 0 | 0 | 0 | 0 |
| Cash Conv. Cycle | 47 | 19 | 83 | 136 | 122 | 106 | 8,503 | 0 | 0 | 0 | 0 |
TATA Group Subsidiaries: TRF
| BSE Code | 505854 |
| NSE Code | TRF |
TRF Share Price: 140.90 INR
TATA Group Subsidiaries: Incorporated as Tata Robins Fraser Ltd. on November 20, 1962, TRF Limited. In financial and technical cooperation with Hewitt-Robins Inc. (HR) of the USA and the General Electric Company Ltd (GEC) – Fraser & Chalmers Division of the UK, it was pushed by Tata Steel and the Associated Cement Companies Ltd (ACC).
TRF is a member of the Tata Group, which consists of over 90 businesses operating in seven industries across 40 nations. The Group was established in the final quarter of the 19th century, just as India was beginning its journey toward freedom, and its commercial prospects support national development. TRF, a leader in bulk material handling/processing systems and equipment, port and yard equipment, and turnkey projects for the steel and power industries, ports, fertilisers, and mining, carries out these projects. The infrastructure industry in India and abroad has seen a growth in demand for TRF’s goods and services during the past 50 years. The business works with several worldwide partners and technological partners.
Growth Parameters
Past 10 years info.
| Particulars | Mar’12 | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 8.6% | -9.8% | -2.1% | -12.4% | 6% | 2% | -50.8% | -50.6% | -85.5% | -86.4% | – |
| Value Creation Index | -0.4 | -1.7 | -1.2 | NA | NA | NA | NA | NA | NA | NA | – |
| Sales | 802 | 647 | 696 | 547 | 540 | 506 | 352 | 236 | 186 | 114 | 127 |
| YoY Gr. Rt. % | – | -19.4% | 7.7% | -21.4% | -1.3% | -6.4% | -30.5% | -32.9% | -21.3% | -38.7% | – |
| Adj EPS | 17.1 | -69.2 | -37 | -72.6 | -7.2 | -22.3 | -149.3 | -113.5 | -119.6 | -61.8 | -18.5 |
| YoY Gr. Rt. % | – | -505.7% | NA | NA | NA | NA | NA | NA | NA | NA | – |
| BVPS (₹) | 160.6 | 90.7 | 66.4 | -10.7 | -15.8 | -39.9 | -172.4 | -61 | -182.7 | -242.4 | -260.9 |
| Adj Net Profit | 18.8 | -76.1 | -40.7 | -79.9 | -7.9 | -24.6 | -164 | -125 | -132 | -68.1 | -20 |
| Cash Flow from Ops. | 21.6 | 3.2 | 15.8 | 15.3 | -23.5 | 64.3 | 22.6 | -123 | -58.9 | 29 | – |
| Debt/CF from Ops. | 15 | 123.3 | 23.3 | 24.4 | -17.8 | 5.9 | 16.4 | -1.7 | -5.2 | 9 | – |
Product range of the company includes:
TATA Group Subsidiaries: Products from TRF Ltd. have developed its own brand and a following in the Indian infrastructure market, specifically in the power, steel, mining, cement, and port industries, to name a few.
Its other activities include the execution of EPC (engineering, procurement and construction) projects and the provision of EPCM (engineering, procurement, and construction management) services in support of the construction of small and medium-sized plants, such as blast furnaces, sinter plants, and coal washeries.
- Wagon Tippler & Side Arm Charger
- Rotary Breakers
- Ring Granulators
- Imapctors, Jaw Crushers, Roll Crushers, Cone Crushers & Hammer Mills
- Screens Vibro Pulse, Truflo Ultra Flo, Unbalanced Motor, Washery Screens
- Rotary Plough Feeders, Belt Feeders
- Vibrating Feeders
- Shuttle Conveyor
- Ship/ Barge Unloaders
- Apron Feeders
- Wagon Loaders
- Travelling Tippers
- Stacker & Barrel Reclaimers
- Side Discharge Loaders
- Load Haul Dumpers
- Ladle Cranes
- Level Luffling Cranes
- Idlers & Pulley
- Ship Loaders
Financial Parameters
Past 10 years info.
| Particulars | Mar’12 | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 8.6% | -9.8% | -2.1% | -12.4% | 6% | 2% | -50.8% | -50.6% | -85.5% | -86.4% | – |
| Value Creation Index | -0.4 | -1.7 | -1.2 | NA | NA | NA | NA | NA | NA | NA | – |
| Sales | 802 | 647 | 696 | 547 | 540 | 506 | 352 | 236 | 186 | 114 | 127 |
| YoY Gr. Rt. % | – | -19.4% | 7.7% | -21.4% | -1.3% | -6.4% | -30.5% | -32.9% | -21.3% | -38.7% | – |
| Adj EPS | 17.1 | -69.2 | -37 | -72.6 | -7.2 | -22.3 | -149.3 | -113.5 | -119.6 | -61.8 | -18.5 |
| YoY Gr. Rt. % | – | -505.7% | NA | NA | NA | NA | NA | NA | NA | NA | – |
| BVPS (₹) | 160.6 | 90.7 | 66.4 | -10.7 | -15.8 | -39.9 | -172.4 | -61 | -182.7 | -242.4 | -260.9 |
| Adj Net Profit | 18.8 | -76.1 | -40.7 | -79.9 | -7.9 | -24.6 | -164 | -125 | -132 | -68.1 | -20 |
| Cash Flow from Ops. | 21.6 | 3.2 | 15.8 | 15.3 | -23.5 | 64.3 | 22.6 | -123 | -58.9 | 29 | – |
| Debt/CF from Ops. | 15 | 123.3 | 23.3 | 24.4 | -17.8 | 5.9 | 16.4 | -1.7 | -5.2 | 9 | – |
TATA Group Subsidiaries: Artson Engineering
| BSE Code | 522134 |
| NSE Code | ARTSONENGG |
Artson Engineering Share Price: 77.20 INR
TATA Group Subsidiaries: A subsidiary of Tata Projects, Artson Engineering is a multi-disciplined design and construction services firm. It was founded on September 18, 1978, and on September 22, 1986, it changed its status to become a public limited corporation. The registered office may be found at Chembur, Mumbai, at 426, M.L. Aggarwal Building, 1st Floor, Waman Tukaram Patil Marg, Opposite Shatabdi Hospital, Mumbai, 400071.
The Company has been creating goods and systems for gasoline handling and tankage building in refineries since its start, and as a result, has grown to become one of India’s top businesses with expertise in petroleum storage and handling systems. To support its Engineering Procurement and Construction (EPC) projects, the company built its own manufacturing plant in Ambad (Nashik) in 1990. The company has already started working on multifunctional technical projects by 1994.
The company has grown its capacity in the multidisciplinary construction disciplines for the hydrocarbon process industry over time and has successfully completed numerous notable construction contracts on a turn-key basis. As a result, the company has become one of the top design, engineering, procurement, and construction firms for the petroleum storage and handling system. Over the course of three decades, the Company has successfully put into operation a number of turn-key fuel storage and handling facility systems, becoming one of the top businesses in the nation with a focus on such systems. The Company has been successfully completing major projects abroad as its competence has increasingly spread beyond the nation.
TATA Group Subsidiaries: According to the Company’s audited balance sheet as of September 30, 2004, the accumulated losses have completely depleted the Company’s net worth. As a result, the Company was declared a sick company under the terms of Section 3(1)(O) of the Sick Industrial Companies (Special Provisions) Act, 1985, and referred to the BIFR. The Firm was listed as a sick company with the BIFR under Case No. 152/ 2004. At the hearing before the BIFR on May 17, 2006, Bank of India was chosen as the Operating Agency to assess the Company’s viability and, if necessary, develop a rehabilitation plan.
On June 5th, 2007, the Operating Agency produced a draught rehabilitation scheme, which was then distributed to various stakeholders for approval. The Rehabilitation Scheme of the Company was approved by the BIFR during the hearing conducted on November 27, 2007, and the Order approving the Rehabilitation Scheme was received on December 18, 2007. (Sanctioned Scheme).
TATA Group Subsidiaries: Tata Projects Limited (TPL) has been recognised as the Strategic Investor and Co-Promoter of the Company under the Sanctioned Scheme. TPL has pledged financial support totaling more than 28 Crore Rupees, of which it has already invested cash amounting to roughly 23 Crore Rupees. TPL purchased a 75 percent share by injecting Rs. 2.77 crore in the form of equity investment. As a result, Tata Projects Limited now considers the Company to be a subsidiary.
On January 4th, 2008, TPL appointed its representatives to the Company’s Board of Directors and assumed management control of the business. The Company is in a position to benefit from TPL on a number of grounds, including professional management, project execution know-how, quality services, TPL’s strong presence in core sectors of the economy, and good governance practises, in addition to the support in the rehabilitation of the Company as per the Sanctioned Scheme.
Financial Parameters
Past 10 years info.
| Prticulars | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | Mar’22 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % | 109.4 | 13.7 | 3.1 | -2.3 | -97.8 | 24.9 | -24.8 | -13.7 | -206.2 | -1631.2 | -1046.2 |
| Op. Profit Mgn % | -50.7 | -2.9 | 4.7 | 3.1 | 4.8 | 2.2 | 3.1 | 7 | 3 | 3.9 | 3.9 |
| Net Profit Mgn % | -66.2 | -10.3 | -3.2 | 1.4 | 27.3 | 1.1 | -0.9 | -0.5 | -3.6 | -2.9 | -2.9 |
| Debt to Equity | -1.2 | -1 | -0.9 | -1 | 3.4 | 4.5 | 5.8 | 11.1 | 462.5 | 105.5 | 14 |
| Working Cap Days | 370 | 246 | 297 | 243 | 304 | 226 | 244 | 297 | 366 | 303 | 238 |
| Cash Conv. Cycle | 157 | 12 | -11 | 66 | 42 | -29 | -52 | -69 | -50 | -29 | 0 |
Contracts for engineering, procurement, and construction
TATA Group Subsidiaries: EPC offerings in the oil and gas industry. Storage Terminals for Oil and Gas are our area of expertise. In terms of designing, detailing, layouts, pipe stress analysis, civil, mechanical, electrical, and instrumentation engineering, Artson has a strong foundation. They also offer commissioning support. possesses a strong supply chain management system that manages all procurement and guarantees on-time delivery to projects. Teams in charge of project management oversee timely construction work while giving quality and safety the attention they deserve.
Contracts for Construction
TATA Group Subsidiaries: A demonstrated history of successfully completing several construction projects in diverse industries including oil and gas, power, and food processing. For planning, safety, and quality to standards and specified codes, Artson uses good site construction management. Contracts are delivered on time and exceed customer expectations for quality and safety.
Manufacturing Division
TATA Group Subsidiaries: About 180 kilometres from Mumbai, in the Industrial Area of Ambad, are modern manufacturing facilities. The facility is geographically and logistically positioned to meet the needs of clients in India and beyond. Pressure vessels, skid mounted units, structurals, prefabricated tanks, and prefabricated piping are all produced by the manufacturing unit. The business has a history of producing intricate equipment out of materials used in construction, including carbon steel, stainless steel, hastelloy, alloy 20 and incoloy.
Growth Parameters
Past 10 years info.
| Particulars | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | Mar’22 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | -134.4% | -129.4% | -2.3% | -227.5% | 221.1% | 18.1% | 9.6% | 12.5% | 2.9% | 4.8% | – |
| Value Creation Index | NA | NA | NA | -17.3 | 14.8 | 0.3 | -0.3 | -0.1 | -0.8 | NA | – |
| Sales | 59 | 79 | 64.7 | 110 | 101 | 132 | 158 | 163 | 150 | 173 | 173 |
| YoY Gr. Rt. % | – | 34% | -18.1% | 70.7% | -9% | 31.4% | 19.6% | 3.2% | -7.8% | 14.9% | – |
| Adj EPS | -10.6 | -2.2 | -0.6 | 0.4 | 7.5 | 0.4 | -0.4 | -0.2 | -1.5 | -1.4 | -1.4 |
| YoY Gr. Rt. % | – | NA | NA | NA | 1762.5% | -94.6% | -195% | NA | NA | NA | – |
| BVPS (₹) | -15 | -17.3 | -17.8 | -16.9 | 1.6 | 1.6 | 1.5 | 1.4 | 0 | 0.1 | 0.1 |
| Adj Net Profit | -39 | -8.1 | -2 | 1.5 | 27.5 | 1.5 | -1.4 | -0.7 | -5.4 | -5 | -5 |
| Cash Flow from Ops. | -2.4 | 10.8 | 1.3 | 10.9 | 1.4 | -0.2 | 2.8 | -12.9 | 15.9 | 14.2 | – |
| Debt/CFfrom Ops. | -27.3 | 5.6 | 47.1 | 5.8 | 14.5 | -144.6 | 11.6 | -4.5 | 3.3 | 3.7 | – |
TATA Group Subsidiaries: Automotive Stampings and Assemblies Limited
| BSE Code | 520119 |
| NSE Code | ASAL |
Automotive Stampings And Assemblies Limited Share Price: 440.00 INR
TATA Group Subsidiaries: As a member of the TACO group, Automotive Stampings and Assemblies Limited was originally founded on March 13, 1990, as JBM Tools Limited. On August 1, 2003, the name was changed to Automotive Stampings and Assemblies Limited. TACO now owns 75% of the company, with the other 25% being controlled by the general public. The Company’s shares are traded on the NSE and BSE.
The business produces and supplies sheet metal modules, welded assemblies, and parts for autos. The product line consists mostly of parts for passenger and commercial vehicles and includes Body-In-White (BIW) structural panels, Skin panels, fuel tanks, oil sumps, and suspension parts.
Business
TATA Group Subsidiaries: The business manufactures a variety of sheet metal parts for the automobile sector. Three main categories may be established from its product mix: I Skin panels and structural panels for the car’s body (BIW) Modules and aggregates, such as the underbody and chassis subassemblies, as well as oil sumps and fuel tanks, are listed in (ii). Its goods are mostly used by cars and trucks. Additionally, the business produces sheet metal tractor parts.
Some of the most prominent automobile manufacturers, including Tata Motors, General Motors India, Fiat India Automobiles, Piaggio Vehicles, and John Deere Equipment, are among the company’s clients. Additionally, it exports its goods to Ford Motor Company (UK).
The business operates four facilities in the states of Gujarat, Bhosari, Chakan, and Pantnagar (Uttarakhand). The Pantnagar factory, a greenfield endeavour that debuted in 2008–2009, has a 17,000 MT pressing capacity.
Financial Parameters
Past 10 years info.
| Particulars | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | Mar’22 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % | -5.9 | -12 | -42.7 | -67.9 | -62.5 | 819.9 | 37.1 | 63.7 | 40.2 | -16.3 | -146.5 |
| Op. Profit Mgn % | 2.9 | 2.8 | -2.2 | -1.2 | 0.3 | -7.6 | 2.4 | -2.6 | 0 | 2.6 | 2.6 |
| Net Profit Mgn % | -1 | -2.5 | -8 | -8.2 | -4 | -14.1 | -2.7 | -8.8 | -8.7 | 1.7 | 8.6 |
| Debt to Equity | 0.7 | 0.9 | 1.5 | 4.6 | 5.3 | -3.6 | -3.5 | -2.5 | -1.8 | -1.2 | – |
| Working Cap Days | 46 | 62 | 67 | 92 | 101 | 89 | 78 | 109 | 94 | 53 | 35 |
| Cash Conv. Cycle | 2 | 8 | 12 | 19 | 18 | 8 | 6 | 13 | -3 | -1 | 0 |
Products
- Skin parts of car
- Body in White Components
- Under Body members
- Fuel Tanks
- Chassis and Suspension parts
- Wheel Housing
- Oil Sumps
- Other Products
Growth Parameters
| Particulars | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | Mar’22 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | -1% | -2.9% | -14.9% | -13.4% | -5% | -41.7% | -1.7% | -20.7% | -21.7% | 54.4% | – |
| Value Creation Index | -1.1 | -1.2 | -2.1 | -2.0 | -1.4 | NA | NA | NA | NA | NA | – |
| Sales | 465 | 342 | 291 | 263 | 304 | 331 | 482 | 362 | 339 | 608 | 608 |
| YoY Gr. Rt. % | – | -26.5% | -15% | -9.5% | 15.7% | 8.8% | 45.6% | -24.8% | -6.4% | 79.2% | – |
| Adj EPS | -2.8 | -5.3 | -14.6 | -13.6 | -7.6 | -29.3 | -8.2 | -20.2 | -18.7 | 6.4 | 33 |
| YoY Gr. Rt. % | – | NA | NA | NA | NA | NA | NA | NA | NA | NA | – |
| BVPS (₹) | 46.7 | 41.5 | 26.8 | 13.3 | 11.1 | -18.2 | -26.2 | -37.1 | -55.9 | -22.5 | -22.5 |
| Adj Net Profit | -4.5 | -8.4 | -23.1 | -21.6 | -12.1 | -46.5 | -13.1 | -32 | -29.6 | 10.1 | 52 |
| Cash Flow from Ops. | 7 | 5.4 | 8.5 | -14.1 | 18 | 4.1 | -21.5 | 8.1 | 4.2 | 43.8 | – |
| Debt/CF from Ops. | 7.5 | 11.4 | 7.6 | -6.9 | 5.2 | 25.2 | -6.8 | 18 | 37.2 | 1 | – |
TATA Group Subsidiaries: Oriental Hotels Limited
| BSE Code | 500314 |
| NSE Code | ORIENTHOT |
Oriental Hotels Limited Share Price: 56.05 INR
TATA Group Subsidiaries: Oriental Hotels Limited (OHL), a hotel division of the Taj group, was established as a public limited company in 1970. The Group’s main businesses are owning and running hotels and restaurants. The company’s main hotel is the Taj Coromandel in Chennai. It is the city’s first five-star luxury deluxe hotel.
Taj Coromandel in Chennai, Taj Fisherman’s Cove in Covelong, Taj Malabar in Kochi, Taj Garden Retreat in Madurai, Taj Garden Retreat in Coonoor, Taj Residency in Visakhapatnam, and Hotel Manjarun in Mangalore are the various divisions of the company.
There are 205 tastefully furnished rooms at the Taj Coromandel in Chennai, including 22 luxurious suites. The hotel provides a variety of unique food options, cyber butlers, and comprehensive wireless internet access.
TATA Group Subsidiaries: Fisherman’s Cove offers 205 well decorated rooms, including 22 luxurious suites. The hotel provides a variety of unique food options, cyber butlers, and comprehensive wireless internet access.
On October 26, 2001, the boards of the Oriental Hotels (OHL), the Covelong Beach Hotels, and the Coromandel Hotels accepted a proposal to join the three.
TATA Group Subsidiaries: Although Covelong Beach is not traded, Oriental and Covelong Beach were both listed corporations. OHL owns a 100 percent stake in Coromandel Hotels. The suggested swap ratio was two OHL shares for every five Covelong Beach hares. The Taj group now owns 34.5 percent of OHL following the deal.
By increasing the asset base, net worth, operational profitability, and earnings per share, the merger raised shareholder value for OHL shareholders (EPS). Since OHL stock is listed on exchanges, the merger also gave Covelong Beach Hotel stockholders more liquidity.
Financial Parameters
| Particulars | Mar’12 | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % | 4.2 | 1.5 | -2.5 | -1.1 | -6.7 | 0.6 | 2.5 | 5.4 | -1 | -18.5 | -5.2 |
| Op. Profit Mgn % | 19.3 | 16.5 | 14.3 | 14.3 | 9.5 | 14.3 | 15.5 | 14.6 | 12.9 | -27.6 | 10.5 |
| Net Profit Mgn % | 4.7 | 1.5 | -2.4 | -1 | -5.1 | 0.4 | 1.7 | 4.6 | -1.1 | -46.1 | -6.1 |
| Debt to Equity | 1 | 1 | 1.1 | 1.3 | 1.3 | 1.4 | 1.3 | 0.7 | 0.7 | 0.9 | 0.9 |
| Working Cap Days | 313 | 286 | 373 | 370 | 272 | 267 | 338 | 328 | 353 | 846 | 141 |
| Cash Conv. Cycle | -3 | -13 | -19 | -23 | -24 | -28 | -28 | -32 | -39 | -39 | 15 |
Growth Parameters
| Particulars | Mar’12 | Mar’13 | Mar’14 | Mar’15 | Mar’16 | Mar’17 | Mar’18 | Mar’19 | Mar’20 | Mar’21 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 4.7% | 4.1% | 2.3% | 3.2% | 1.2% | 4.3% | 4.9% | 6.1% | 2.5% | -7.4% | – |
| Value Creation Index | -0.7 | -0.7 | -0.8 | -0.8 | -0.9 | -0.7 | -0.7 | -0.6 | -0.8 | -1.5 | – |
| Sales | 263 | 290 | 298 | 300 | 309 | 333 | 357 | 345 | 290 | 116 | 219 |
| YoY Gr. Rt. % | – | 10.2% | 2.6% | 0.8% | 3.1% | 7.8% | 7% | -3.2% | -16.1% | -60% | – |
| Adj EPS | 0.7 | 0.2 | -0.4 | -0.2 | -0.9 | 0.1 | 0.3 | 0.9 | -0.2 | -3 | -0.8 |
| YoY Gr. Rt. % | – | -65.2% | -266.7% | NA | NA | NA | 385.7% | 161.8% | -120.2% | NA | – |
| BVPS (₹) | 16.5 | 16.7 | 15.6 | 13.1 | 13.4 | 13.4 | 13.8 | 18.9 | 17.6 | 14.6 | 14.4 |
| Adj Net Profit | 12.3 | 4.3 | -7.1 | -2.9 | -15.8 | 1.3 | 6 | 15.9 | -3.2 | -53.4 | -13 |
| Cash Flow from Ops. | 61.5 | 50 | 45.9 | 48.3 | 22.3 | 42.2 | 50.9 | 35.3 | 45 | -22.4 | – |
| Debt/CF from Ops. | 4.7 | 5.7 | 6.7 | 6.5 | 14.2 | 7.6 | 6.2 | 6.9 | 4.8 | -10.7 | – |
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Disclaimer
Investors must exercise due caution. Teknikalraman and the author are not liable for any losses caused as a result of decisions based on the article. The above article is for informational purposes only.
