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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 514236 | NSE: TTLEL

Fundamental Analysis of T T Ltd (TTL)

About the Company - T T Ltd (TTL)

T T Ltd. is a Public Limited Listed company incorporated on 29/09/1978 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L18101DL1978PLC009241 and registration number is 009241. Currently company belongs to the Industry of Textiles - Hosiery/Knitwear. Company’s Total Operating Revenue is Rs. 395.54 Cr. and Equity Capital is Rs. 21.50 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Hosiery/KnitwearTT Garment Park, No.879, Master Prithvi Nath Marg, New Delhi Delhi 110005newdelhi@ttlimited.co.in
http://www.ttlimited.co.in
Management
NamePosition Held
Dr. Rikhab C JainChairman
Mr. Sanjay Kumar JainManaging Director
Mrs. Jyoti JainJoint Managing Director
Mr. Rahul JainIndependent Director
Mr. Puneet Vijay BothraIndependent Director
Mr. Ankit GulguliaIndependent Director
Mr. Sunil MahnotDirector - Finance & CFO
Mr. Amit DugarIndependent Director

T T Ltd. Share Price Update

Share PriceValue
Today₹104.45
Previous Day₹109.15

Basic Stock Data of T T Ltd (TTL)

Market Cap 226 Cr.
Current Price 105
High / Low118/64.8
Stock P/E
Book Value 31.5
Dividend Yield0.00 %
ROCE3.11 %
ROE18.6 %
Face Value 10.0

Data Source: screener.in

Competitors of T T Ltd (TTL)

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Amit International Ltd 9.95 Cr. 5.256.09/1.9027.6 10.30.00 %0.20 %0.15 % 10.0
Rupa & Company Ltd 2,257 Cr. 284309/19735.0 1151.06 %7.56 %5.92 % 1.00
Addi Industries Ltd 66.6 Cr. 61.770.7/25.220.6 70.12.02 %4.62 %3.62 % 5.00
Pioneer Embroideries Ltd 135 Cr. 50.067.0/26.368.1 50.00.00 %2.76 %0.88 % 10.0
Nahar Spinning Mills Ltd 1,108 Cr. 307362/214 4220.47 %7.48 %7.01 % 5.00
Industry Average42.91 Cr141.5930.26133.480.71%4.52%3.52%6.2

T T Ltd (TTL) Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales110.71116.4383.60117.65119.4474.8556.0240.5648.1558.2959.2948.1452.21
Expenses97.6899.9872.12104.74109.3270.2950.7142.1741.6658.7353.9443.3850.17
Operating Profit13.0316.4511.4812.9110.124.565.31-1.616.49-0.445.354.762.04
OPM %11.77%14.13%13.73%10.97%8.47%6.09%9.48%-3.97%13.48%-0.75%9.02%9.89%3.91%
Other Income0.18-25.840.120.30-0.080.380.131.060.210.220.230.210.14
Interest6.717.176.547.095.112.864.294.104.334.484.094.034.00
Depreciation2.742.490.910.910.860.560.610.670.930.910.780.790.80
Profit before tax3.76-19.054.155.214.071.520.54-5.321.44-5.610.710.15-2.62
Tax %52.39%85.51%0.00%0.00%0.00%26.97%-18.52%-106.39%42.36%43.67%29.58%40.00%16.79%
Net Profit1.79-2.774.165.214.061.100.64-10.980.83-3.160.490.09-2.18
EPS in Rs0.83-1.291.942.421.890.510.30-5.110.39-1.470.230.04-1.01

T T Ltd (TTL) Quarterly Chart

T T Ltd (TTL) Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales395502742678698678511524423394396203218
Expenses384449678615649642481488388354356193206
Operating Profit11536463493630373540391012
OPM %3%11%9%9%7%5%6%7%8%10%10%5%5%
Other Income160-00412742-25021
Interest27333842353330303328221717
Depreciation11121515151512111111333
Profit before tax-11912631-60-7-2515-9-7
Tax %80%23%22%34%35%-260%-166%-23%82%69%3%-41%
Net Profit-279422-150-1-815-13-5
EPS in Rs-1.013.054.181.881.001.00-6.860.07-0.59-3.546.76-5.89-2.21
Dividend Payout %0%33%24%53%50%0%0%0%0%0%15%0%

T T Ltd (TTL) Profit & Loss Yearly Chart

Addi Industries Ltd Growth

Compounded Sales Growth
10 Years:-9%
5 Years:-17%
3 Years:-22%
TTM:-1%
Compounded Profit Growth
10 Years:%
5 Years:-7%
3 Years:%
TTM:43%
Stock Price CAGR
10 Years:16%
5 Years:16%
3 Years:31%
1 Year:45%
Return on Equity
10 Years:2%
5 Years:5%
3 Years:9%
Last Year:-19%

T T Ltd (TTL) Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital22222222222222222222222222
Reserves73778283836956555347584646
Borrowings261325329319307314267277272254171149140
Other Liabilities14202220303748444736211921
Total Liabilities369443455444442442392397394358272235229
Fixed Assets22421428627326926022523022394918988
CWIP37400300000000
Investments0000000000000
Other Assets143155169170169182167168171264181146142
Total Assets369443455444442442392397394358272235229

T T Ltd (TTL) Reserves and Borrowings Chart

Addi Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 135659474816522139404124
Cash from Investing Activity -15-73-14-3-12924-6-3116514
Cash from Financing Activity -017-44-43-36-25-76-15-36-51-107-39
Net Cash Flow-1-00-0-00-0-0-01-1-1

T T Ltd (TTL) Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days313225272831282627433258
Inventory Days79723849454921474114108108204
Days Payable410661263451723914
Cash Conversion Cycle106945870627420795124128130249
Working Capital Days806041515163727892195118205
ROCE %2%11%12%11%9%6%5%8%7%9%13%3%

T T Ltd (TTL) Financial Efficiency Indicators Chart

T T Ltd (TTL) Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters58.06%58.06%58.17%58.28%58.39%58.49%58.52%58.62%58.64%58.66%58.66%58.68%
FIIs0.00%0.00%0.00%0.14%0.37%0.15%0.08%0.06%0.06%0.06%0.06%0.00%
DIIs0.00%0.00%0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public41.94%41.94%41.82%41.58%41.23%41.36%41.41%41.33%41.29%41.30%41.29%41.32%
No. of Shareholders15,61316,35916,12116,47719,20819,22918,93717,01716,78816,61816,51414,577

T T Ltd (TTL) Shareholding Pattern Chart

No. of T T Ltd (TTL) Shareholders

This stock is not held by any mutual fund

T T Ltd (TTL) ROCE Trend

T T Ltd (TTL) EPS Trend

T T Ltd (TTL) Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)46.55-12.84-10.45-11.40-0.52
Diluted EPS (Rs.)46.55-12.84-10.45-11.40-0.52
Cash EPS (Rs.)46.55-12.84-10.45-11.40-14.85
Book Value[Excl.RevalReserv]/Share (Rs.)-84.35-130.90-118.07-107.61-96.21
Book Value[Incl.RevalReserv]/Share (Rs.)-84.35-130.90-118.07-107.61-96.21
Revenue From Operations / Share (Rs.)1679.970.000.000.000.00
PBDIT / Share (Rs.)68.79-12.84-10.45-11.40-14.85
PBIT / Share (Rs.)68.79-12.84-10.45-11.40-14.85
PBT / Share (Rs.)55.16-12.84-10.45-11.40-14.85
Net Profit / Share (Rs.)46.55-12.84-10.45-11.40-14.85
PBDIT Margin (%)4.090.000.000.000.00
PBIT Margin (%)4.090.000.000.000.00
PBT Margin (%)3.280.000.000.000.00
Net Profit Margin (%)2.770.000.000.000.00
Return on Networth / Equity (%)-55.190.000.000.000.00
Return on Capital Employeed (%)695.259.808.8510.5915.43
Return On Assets (%)4.64-385.90-298.13-329.03-425.65
Long Term Debt / Equity (X)-0.130.000.000.000.00
Total Debt / Equity (X)-0.130.000.000.000.00
Asset Turnover Ratio (%)3.340.000.000.000.00
Current Ratio (X)1.010.000.010.010.01
Quick Ratio (X)1.010.000.010.010.01
Interest Coverage Ratio (X)10015.820.000.000.000.00
Interest Coverage Ratio (Post Tax) (X)8762.900.000.000.000.00
Enterprise Value (Cr.)0.080.000.000.000.00
EV / Net Operating Revenue (X)0.010.000.000.000.00
EV / EBITDA (X)0.160.020.050.040.03
EarningsYield465.54-128.38-104.50-114.02-148.49

T T Ltd (TTL) Profitability Ratios (%)

T T Ltd (TTL) Liquidity Ratios

T T Ltd (TTL) Liquidity Ratios (%)

T T Ltd (TTL) Interest Coverage Ratios (X)

T T Ltd (TTL) Valuation Ratios

Fair Value / Intrinsic Value of T T Ltd (TTL)

Fair Value: ₹89.64

The stock is overvalued by 14.63% compared to the current price ₹105

*Investments are subject to market risks

Strength and Weakness of T T Ltd (TTL)

StrengthWeakness
    1. The stock is trading at a high valuation with an average P/B ratio of 3.85 and average Dividend Yield of 0.66%.
    2. The stock has a low average ROCE of 8.00%, which may not be favorable.
    3. The stock has a high average Working Capital Days of 92.17, which may not be favorable.
    4. The stock has a high average Cash Conversion Cycle of 116.42, which may not be favorable.
    5. The company has higher borrowings (260.38) compared to reserves (63.69), which may suggest financial risk.
    6. The company has not shown consistent growth in sales (489.38) and profit (-1.46).

    Should I Buy Addi Industries Ltd Share Now?

    • Based on the analysis of various financial indicators, it may be worth considering investment in T T Ltd (TTL):
      1. Net Profit Margin: 2.77% (Higher values are generally favorable)
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 695.25% (Industry Average ROCE: 4.22%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. Interest Coverage Ratio (Post Tax): 8762.90 (Higher values, preferably > 2, are recommended)
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      4. Quick Ratio: 1.01 (Higher values, preferably > 1, are recommended)
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      5. ✓ Stock P/E of N/A (Industry average Stock P/E: 27.38)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      6. ✓ Total Debt / Equity: -0.13 (Lower values, preferably < 1, are preferred)
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      While these metrics suggest potential opportunity, it's essential to conduct thorough research or seek advice from financial experts before making any investment decisions.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in T T Ltd (TTL). Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE