TCI Developers
TCI Developers
Consumer DiscretionaryTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.34% over past five years.
- Company has a low return on equity of 1.90% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.43 | 2.52 | 2.42 | 2.37 | 2.45 | 2.82 | 2.91 | 2.75 | 2.79 | 2.78 | 2.69 | 2.83 | 3.05 |
| Expenses | 1.36 | 1.43 | 1.54 | 1.11 | 1.41 | 1.37 | 1.77 | 1.29 | 1.83 | 1.68 | 2.15 | 1.88 | 1.63 |
| Operating Profit | 1.07 | 1.09 | 0.88 | 1.26 | 1.04 | 1.45 | 1.14 | 1.46 | 0.96 | 1.1 | 0.54 | 0.95 | 1.42 |
| OPM % | 44.03% | 43.25% | 36.36% | 53.16% | 42.45% | 51.42% | 39.18% | 53.09% | 34.41% | 39.57% | 20.07% | 33.57% | 46.56% |
| Other Income | 0.1 | 0.08 | 0.05 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.03 | 0.04 | 0.03 | 0.01 | 0.12 |
| Interest | 0.3 | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.26 | 0.05 | 0.05 | 0.05 | 0.13 |
| Depreciation | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 0.38 | 0.62 | 0.44 | 0.45 | 0.45 | 0.44 | 0.45 | 0.42 |
| PBT | 0.5 | 0.75 | 0.51 | 0.86 | 0.64 | 1.04 | 0.49 | 0.98 | 0.28 | 0.64 | 0.08 | 0.46 | 0.99 |
| Tax % | 38% | 14.67% | 27.45% | 29.07% | 39.06% | 27.88% | 46.94% | 31.63% | 50% | 32.81% | 125% | 36.96% | 30.3% |
| Net Profit | 0.31 | 0.63 | 0.37 | 0.61 | 0.39 | 0.74 | 0.25 | 0.68 | 0.14 | 0.43 | -0.02 | 0.29 | 0.68 |
| EPS in Rs | 0.7 | 1.61 | 0.88 | 1.5 | 0.97 | 1.88 | 0.56 | 1.72 | 0.27 | 1.05 | -0.16 | 0.64 | 1.72 |
Profit & Loss
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.52 | 1.99 | 2.62 | 3.14 | 8.39 | 9.25 | 10.3 | 10.71 | 9.05 | 9.97 | 10.54 | 11.01 | 11.35 |
| Expenses | 0.37 | 0.51 | 0.86 | 1.83 | 2.02 | 2.16 | 3.44 | 5.19 | 5.53 | 5.65 | 5.63 | 6.91 | 7.34 |
| Operating Profit | 1.15 | 1.48 | 1.76 | 1.31 | 6.37 | 7.09 | 6.86 | 5.52 | 3.52 | 4.32 | 4.91 | 4.1 | 4.01 |
| OPM % | 75.66% | 74.37% | 67.18% | 41.72% | 75.92% | 76.65% | 66.6% | 51.54% | 38.9% | 43.33% | 46.58% | 37.24% | 35.33% |
| Other Income | 0.32 | 0.11 | 0.02 | -0.38 | 1.76 | -0.23 | 2.02 | 1.46 | 13.68 | 0.4 | 0.08 | 0.07 | 0.2 |
| Interest | 0 | 0.01 | 0 | 0.01 | 2.71 | 2.2 | 2.94 | 1.8 | 0.45 | 0.47 | 0.22 | 0.41 | 0.28 |
| Depreciation | 0.27 | 0.26 | 0.23 | 0.23 | 1.46 | 1.45 | 1.57 | 1.52 | 1.5 | 1.48 | 1.74 | 1.78 | 1.76 |
| PBT | 1.2 | 1.32 | 1.55 | 0.69 | 3.96 | 3.21 | 4.37 | 3.66 | 15.25 | 2.77 | 3.03 | 1.98 | 2.17 |
| Tax % | 27.5% | 24.24% | 25.81% | 14.49% | 19.44% | 23.05% | 19.91% | 19.13% | 7.74% | 27.8% | 33.99% | 37.88% | — |
| Net Profit | 0.87 | 1 | 1.15 | 0.58 | 3.19 | 2.47 | 3.5 | 2.97 | 14.07 | 2 | 1.99 | 1.24 | 1.38 |
| EPS in Rs | 2.31 | 2.63 | 3.03 | 1.5 | 8.42 | 6.6 | 9.38 | 7.94 | 37.67 | 4.96 | 4.91 | 2.87 | 3.25 |
| Div. Payout % | 21.69% | 19.03% | 16.5% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 |
| Reserves | 49.08 | 54.08 | 50.53 | 51.1 | 53.98 | 56.18 | 59.92 | 62.88 | 79.04 | 78.81 | 80.64 | 81.66 |
| Borrowings | 0 | 2.05 | 12.55 | 31.21 | 29.59 | 25.85 | 37.66 | 23.95 | 17.01 | 10.07 | 9.95 | 9.97 |
| Other Liabilities | 2.97 | 3.7 | 13.08 | 16.67 | 20.59 | 23.12 | 14.43 | 14.43 | 12.96 | 14.98 | 16.67 | 16.94 |
| Total Liabilities | 55.78 | 63.56 | 79.89 | 103 | 108 | 109 | 116 | 105 | 113 | 108 | 111 | 112 |
| Fixed Assets | 43.32 | 43.04 | 60.68 | 61.93 | 89.99 | 89.84 | 98.53 | 97.11 | 84.8 | 86.01 | 95.66 | 94.62 |
| CWIP | 7.4 | 8.33 | 13.91 | 36.02 | 10.09 | 10.26 | 0.21 | 0.58 | 3.21 | 5.71 | 0.02 | 0.24 |
| Investments | 0.05 | 8.62 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2.63 |
| Other Assets | 5.01 | 3.57 | 5.2 | 4.66 | 7.81 | 8.78 | 17 | 7.3 | 24.73 | 15.87 | 13.31 | 14.81 |
| Total Assets | 55.78 | 63.56 | 79.89 | 103 | 108 | 109 | 116 | 105 | 113 | 108 | 111 | 112 |
Cash Flow
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | 1.06 | -1.43 | 4.34 | 8.42 | 7.07 | 7.72 | 4.23 | 0.85 | 2.54 | 5.62 | 2.94 |
| Investing | — | -9.24 | -6.48 | -22.57 | -1.7 | -1.9 | 1.81 | 0.99 | 19.43 | -5.42 | -4.35 | -1.63 |
| Financing | — | 6.05 | 6.06 | 18.2 | -4.34 | -6.2 | -0.94 | -15.5 | -7.4 | -7.4 | -0.34 | -0.38 |
| Net Cash Flow | — | -2.13 | -1.85 | -0.03 | 2.38 | -1.03 | 8.6 | -10.28 | 12.88 | -10.29 | 0.93 | 0.94 |
| Free Cash Flow | — | 0.1 | -24.9 | -19.76 | 6.37 | 5.27 | 9.11 | 5.06 | 21.54 | -5.28 | 3.19 | 1.83 |
| CFO/OP | — | 95 | -53 | 370 | 152 | 114 | 123 | 106 | 95 | 81 | 135 | 120 |
Ratios
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31.22 | 0 | 0 | 1.16 | 3.92 | 33.94 | 11.34 | 0.68 | 1.21 | 36.98 | 14.54 | 0.66 |
| Cash Conversion Cycle | 31.22 | 0 | 0 | 1.16 | 3.92 | 33.94 | 11.34 | 0.68 | 1.21 | 36.98 | 14.54 | 0.66 |
| Working Capital Days | -79.24 | -438 | 156 | -365 | -91.36 | -40.64 | -426 | -532 | -477 | -224 | 79.65 | -41.11 |
| ROCE % | — | 2.58% | 2.26% | 1.27% | 5.09% | 5.84% | 5.69% | 4.24% | 7.92% | 3.33% | 3.39% | 2.5% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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28 extracted metrics + investor summaries across FY11–FY22.
Documents
Frequently Asked Questions about TCI Developers
What does TCI Developers Ltd do?
Where is TCI Developers Ltd (TCIDEVELOP) listed?
Which sector does TCI Developers Ltd belong to?
Company Information
TCI Developers Limited was incorporated in 2008 as a real estate arm of TCI Group, which has been created to look into the development of the commercial properties of TCI. The co. is engaged in the business of Real estate and Warehousing development activities. The properties are developed into Offices Complexes, Residential Buildings, depending on the best use of the properties. Mr D. P Agarwal is the Chairman of the co. [1] [2] [3]
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