---
title: "T C P (TCPLTD) Financials & Shareholding"
symbol: "TCPLTD"
company: "T C P Ltd"
canonical: "https://tapetide.com/stocks/TCPLTD"
nse_symbol: "TCPLTD"
generated_at: "2026-11-05T01:44:18.204Z"
---

# T C P (TCPLTD)

Canonical page: https://tapetide.com/stocks/TCPLTD

## Key Facts

- **Revenue, Dec 2014 quarter:** ₹96.7 Cr, against ₹102.1 Cr in Dec 2013 (-5.29% year on year)
- **Net profit, Dec 2014 quarter:** ₹6.85 Cr, against ₹5.60 Cr in Dec 2013

## Company

- **NSE symbol:** TCPLTD
- **In the F&O segment:** No

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.14 times its book value

### Weaknesses

- Company has a low return on equity of 0.37% over last 3 years.
- Earnings include an other income of Rs.49.0 Cr.

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

Annual windows: The latest annual results are more than two years old, so no annual growth is shown.

Trailing twelve months: The latest quarterly results are more than a year old.

## Financial Statements

### Quarterly Results

Results for the period ended Mar 2015 were due by 30 May 2015 and are not in this table yet.

Figures in ₹ crore unless the row name gives another unit.

| Item | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 67.61 | 76.64 | 69.5 | 90.64 | 91.22 | 86.12 | 78.04 | 104 | 102 | 105 | 99.57 | 92.72 | 96.7 |
| Expenses | 61.48 | 70.31 | 57.47 | 72.34 | 74.56 | 85.03 | 66.2 | 87.15 | 88.72 | 85.8 | 77.75 | 75.17 | 82.54 |
| Operating Profit | 6.13 | 6.33 | 12.03 | 18.3 | 16.66 | 1.09 | 11.84 | 16.87 | 13.38 | 18.94 | 21.82 | 17.55 | 14.16 |
| OPM % | 9.07% | 8.26% | 17.31% | 20.19% | 18.26% | 1.27% | 15.17% | 16.22% | 13.1% | 18.08% | 21.91% | 18.93% | 14.64% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 4.39 | 2.85 | 3.81 | 3.05 | 3.14 | 3.67 | 2.99 | 1.97 | 2.03 | 2.21 | 1.39 | 0.99 | 1.03 |
| Depreciation | 3.98 | 3.89 | 3.42 | 3.42 | 3.47 | 3.47 | 3.05 | 3.07 | 3.21 | 3.31 | 2.82 | 0.92 | 0.97 |
| Profit before tax | -2.24 | -0.41 | 4.8 | 11.83 | 10.05 | -6.05 | 5.8 | 11.83 | 8.14 | 13.42 | 17.61 | 15.64 | 12.16 |
| Tax % | 42.41% | 431.71% | 13.54% | 32.21% | 30.35% | -33.06% | 27.93% | 27.98% | 31.2% | 35.54% | 32.71% | 24.17% | 43.67% |
| Net Profit | -3.19 | -2.18 | 4.15 | 8.02 | 7.01 | -4.05 | 4.19 | 8.52 | 5.6 | 8.65 | 11.85 | 11.86 | 6.85 |
| EPS in Rs | -6.34 | -4.33 | 8.25 | 15.94 | 13.93 | -8.05 | 8.33 | 16.93 | 11.13 | 17.19 | 23.55 | 23.57 | 13.61 |

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 296 | 336 | 388 | 372 | 281 | 302 | 293 | 361 | 250 | 179 | 130 | 97 |
| Expenses | 245 | 289 | 327 | 302 | 242 | 262 | 267 | 334 | 249 | 176 | 130 | 129 |
| Operating Profit | 51 | 47 | 60 | 70 | 39 | 40 | 26 | 26 | 0 | 3 | 0 | -32 |
| OPM % | 17% | 14% | 16% | 19% | 14% | 13% | 9% | 7% | 0.1% | 1.7% | 0.2% | -33% |
| Other Income | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 3 | 6 | 15 | 4 | 49 |
| Interest | 13 | 14 | 10 | 6 | 8 | 6 | 8 | 7 | 7 | 8 | 5 | 5 |
| Depreciation | 16 | 14 | 13 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 |
| Profit before tax | 23 | 21 | 39 | 60 | 25 | 29 | 13 | 16 | -7 | 4 | -7 | 5 |
| Tax % | 29% | 27% | 31% | 32% | 31% | 29% | 30% | 40% | -42% | -61% | 91% | -94% |
| Net Profit | 17 | 15 | 27 | 41 | 17 | 21 | 9 | 9 | -4 | 7 | -13 | 11 |
| EPS in Rs | 33.01 | 30.07 | 53.56 | 81.06 | 34.34 | 40.88 | 18.48 | 18.54 | -8.09 | 13.81 | -26.23 | 21.11 |
| Dividend Payout % | 3% | 3% | 2% | 1% | 3% | 2% | 5% | 0% | 0% | 0% | 0% | 0% |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 283 | 298 | 324 | 365 | 381 | 398 | 404 | 414 | 410 | 396 | 383 | 393 |
| Borrowings | 136 | 115 | 70 | 77 | 83 | 75 | 83 | 59 | 63 | 53 | 31 | 36 |
| Other Liabilities | 104 | 154 | 140 | 152 | 144 | 68 | 78 | 98 | 66 | 52 | 50 | 48 |
| Total Liabilities | 529 | 572 | 539 | 599 | 614 | 546 | 571 | 576 | 544 | 506 | 468 | 483 |
| Fixed Assets | 126 | 114 | 107 | 109 | 109 | 105 | 100 | 98 | 95 | 98 | 96 | 91 |
| CWIP | 7 | 8 | 10 | 10 | 11 | 11 | 12 | 12 | 12 | 2 | 1 | 0 |
| Investments | 142 | 142 | 162 | 240 | 240 | 229 | 229 | 229 | 229 | 229 | 229 | 231 |
| Other Assets | 254 | 308 | 260 | 240 | 254 | 201 | 231 | 237 | 208 | 177 | 142 | 161 |
| Total Assets | 529 | 572 | 539 | 599 | 614 | 546 | 571 | 576 | 544 | 506 | 468 | 483 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | -30 | 22 | 34 | 100 | 14 | -7 | — | 35 | -9 | 25 | 26 | 0 |
| Cash from Investing Activity | -1 | -3 | -27 | -88 | -6 | 9 | — | -2 | 4 | 5 | 0 | 0 |
| Cash from Financing Activity | 40 | -27 | -8 | -13 | -8 | -3 | — | -28 | 0 | -31 | -27 | 1 |
| Net Cash Flow | 9 | -7 | 0 | -1 | 1 | 0 | — | 5 | -5 | 0 | 0 | 0 |
| Free Cash Flow | -32 | 19 | 26 | 93 | 8 | -8 | — | 30 | -8 | 22 | 24 | -1 |
| CFO/EBITDA | -49 | 58 | 72 | 175 | 72 | 6 | — | 159 | -2,919 | 841 | 12,733 | 0 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 157 | 176 | 104 | 95 | 122 | 94 | 97 | 80 | 125 | 132 | 140 | 147 |
| Cash Conversion Cycle | 157 | 176 | 104 | 95 | 122 | 94 | 97 | 80 | 125 | 132 | 140 | 147 |
| Working Capital Days | 181 | 166 | 125 | 158 | 219 | 146 | 172 | 98 | 149 | 88 | 153 | 163 |
| ROCE % | 9% | 8% | 12% | 16% | 7% | 7% | 4% | 4% | -1% | — | 0% | 2% |

## Documents

### Credit ratings

| Date | Document |
| --- | --- |
| 6 Oct 2026 | [Credit rating update — India Ratings](https://www.indiaratings.co.in/pressrelease/86118) |
| 27 Nov 2025 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/TCPLimited_November%2027_%202025_RR_381372.html) |
| 27 Jan 2025 | [Credit rating update — India Ratings](https://www.indiaratings.co.in/pressrelease/74545) |
| 27 Dec 2024 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/TCPLimited_December%2027_%202024_RR_359114.html) |
| 31 Jan 2024 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/TCPLimited_January%2031,%202024_RR_335577.html) |
| 1 Nov 2023 | [Credit rating update — India Ratings](https://www.indiaratings.co.in/pressrelease/67068) |
| 22 Sep 2023 | [Credit rating update — India Ratings](https://www.indiaratings.co.in/pressrelease/66072) |

## Frequently Asked Questions about T C P

### What does T C P Ltd do?

TCP Limited is one of the leading manufacturers of Pure Sodium Hydrosulphite (popularly known as Hydros) in India.

### Where is T C P Ltd (TCPLTD) listed?

T C P Ltd trades as TCPLTD on the NSE.

## Company Information

TCP Limited is one of the leading manufacturers of Pure Sodium Hydrosulphite (popularly known as Hydros) in India.

- **Face Value:** ₹10

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:14 IST.