Fundamental Analysis of Tata Investment Corporation Ltd

About the Company - Tata Investment Corporation Ltd

Tata Investment Corporation Ltd. is a Public Limited Listed company incorporated on 05/03/1937 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L67200MH1937PLC002622 and registration number is 002622. Currently Company is involved in the business activities of Trusts, funds and other financial vehicles. Company’s Total Operating Revenue is Rs. 253.38 Cr. and Equity Capital is Rs. 50.60 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	Elphinstone Building, Mumbai Maharashtra 400001	ticl@tata.com http://www.tatainvestment.com

Management
Name	Position Held
Mr. N N Tata	Chairman
Mr. F N Subedar	Vice Chairman
Mr. A N Dalal	Executive Director
Mrs. F Khambata	Director
Mr. Suprakash Mukhopadhyay	Director
Mr. A Sen	Director
Mr. R Dube	Director
Mr. V Chandrasekaran	Director

Basic Stock Data of Tata Investment Corporation Ltd

Last Updated: July 26, 2024, 10:48 pm

Market Cap	32,058 Cr.
Current Price	6,344
High / Low	9,757/2,401
Stock P/E	83.3
Book Value	5,923
Dividend Yield	0.44 %
ROCE	1.67 %
ROE	1.55 %
Face Value	10.0
PEG Ratio	2.85

Data Source: screener.in

Tata Investment Corporation Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	27	31	62	89	51	52	102	107	38	31	152	124	51
Expenses	5	24	6	7	6	23	11	7	6	8	9	10	6
Operating Profit	22	7	56	82	45	29	91	100	32	22	143	114	44
OPM %	82%	23%	91%	92%	89%	56%	89%	94%	84%	73%	94%	92%	87%
Other Income	9	0	1	28	6	0	7	11	11	7	14	13	17
Interest	0	0	0	0	0	0	0	0	3	5	5	5	1
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	31	7	57	109	51	29	97	111	39	24	152	122	60
Tax %	9%	59%	6%	8%	22%	30%	8%	4%	11%	18%	3%	-1%	11%
Net Profit	28	3	54	101	40	20	90	107	35	20	148	124	53
EPS in Rs	5.44	0.53	10.64	19.86	7.87	3.98	17.78	21.17	6.82	4.01	29.02	24.60	10.52

Last Updated: July 10, 2024, 5:02 pm

Tata Investment Corporation Ltd Quarterly Chart

Tata Investment Corporation Ltd Profit & Loss

Last Updated: July 10, 2024, 5:02 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	201	218	229	247	270	158	177	144	163	254	277	344
Expenses	15	16	17	19	32	19	30	42	20	25	32	33
Operating Profit	186	202	213	229	237	139	147	102	144	229	246	311
OPM %	93%	93%	93%	92%	88%	88%	83%	71%	88%	90%	88%	90%
Other Income	0	2	0	0	0	8	0	0	25	18	36	46
Interest	0	0	0	0	0	0	0	0	0	0	8	18
Depreciation	0	0	0	0	0	0	0	1	1	1	1	1
Profit before tax	186	204	213	229	237	147	147	101	167	246	272	338
Tax %	13%	14%	14%	14%	16%	11%	9%	11%	8%	13%	8%
Net Profit	174	186	186	194	200	131	134	90	155	214	252	326
EPS in Rs	31.55	33.81	33.73	35.28	36.37	23.79	26.44	17.89	30.43	42.34	49.78	64.45
Dividend Payout %	51%	50%	50%	48%	49%	84%	76%	101%	79%	130%	96%

Tata Investment Corporation Ltd Profit & Loss Yearly Chart

Tata Investment Corporation Ltd Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	17%
3 Years:	33%
TTM:	39%

Compounded Profit Growth
10 Years:	8%
5 Years:	24%
3 Years:	36%
TTM:	53%

Stock Price CAGR
10 Years:	28%
5 Years:	50%
3 Years:	76%
1 Year:	158%

Return on Equity
10 Years:	2%
5 Years:	1%
3 Years:	1%
Last Year:	2%

Last Updated: July 25, 2024, 5:02 am

Tata Investment Corporation Ltd Balance Sheet

Last Updated: July 10, 2024, 5:02 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	55	55	55	55	55	55	51	51	51	51	51	51
Reserves	2,000	2,096	2,178	2,257	2,463	8,247	7,874	8,007	14,188	19,625	19,521	23,683
Borrowings	0	0	0	0	0	0	0	0	0	0	240	129
Other Liabilities	117	123	125	14	19	1,564	1,554	122	647	1,314	1,277	1,855
Total Liabilities	2,172	2,274	2,358	2,326	2,537	9,866	9,478	8,179	14,886	20,990	21,089	25,718
Fixed Assets	13	14	14	14	14	14	14	15	14	16	15	15
CWIP	0	0	0	0	0	0	0	0	0	0	0	0
Investments	2,006	2,212	2,302	2,259	2,480	9,816	9,432	8,128	14,836	20,893	21,009	25,593
Other Assets	153	48	43	53	44	37	33	37	36	82	65	110
Total Assets	2,172	2,274	2,358	2,326	2,537	9,866	9,478	8,179	14,886	20,990	21,089	25,718

Tata Investment Corporation Ltd Reserves and Borrowings Chart

Tata Investment Corporation Ltd Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	104	84	92	90	68	67	92	117	86	122	230	235
Cash from Investing Activity	-70	-45	18	146	-78	41	496	12	3	4	-189	366
Cash from Financing Activity	-135	-103	-110	-225	-1	-119	-584	-123	-95	-122	-47	-495
Net Cash Flow	-101	-64	1	11	-11	-12	4	7	-6	4	-6	106

Tata Investment Corporation Ltd Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	0	3	1	0	0	33	8	3	0	78	14
Inventory Days
Days Payable
Cash Conversion Cycle	0	3	1	0	0	33	8	3	0	78	14
Working Capital Days	-10	-146	-150	43	11	33	-6	-14	-8	55	3
ROCE %		10%	10%	10%	10%	3%	2%	1%	2%	1%	1%

Tata Investment Corporation Ltd Financial Efficiency Indicators Chart

Tata Investment Corporation Ltd Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%	73.38%
FIIs	1.61%	1.33%	1.33%	1.33%	0.87%	1.00%	1.02%	1.16%	1.12%	1.20%	2.25%	2.35%
DIIs	0.45%	0.43%	0.43%	0.46%	0.42%	0.43%	0.43%	0.43%	0.44%	0.45%	0.46%	0.48%
Government	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%	0.49%
Public	24.06%	24.36%	24.36%	24.33%	24.83%	24.69%	24.66%	24.52%	24.56%	24.48%	23.41%	23.30%
No. of Shareholders	46,338	57,213	58,008	61,081	84,082	87,611	92,620	92,424	95,562	1,14,270	1,48,291	1,56,353

Tata Investment Corporation Ltd Shareholding Pattern Chart

No. of Tata Investment Corporation Ltd Shareholders

Tata Investment Corporation Ltd Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Nifty Smallcap 250 Index Fund	7,951	0.34	2.47	7,951	2024-07-26	0%
Motilal Oswal Nifty Smallcap 250 Index Fund	4,991	0.34	1.55	7,951	2024-07-26	-37.23%
SBI Nifty Smallcap 250 Index Fund	3,663	0.34	1.14	7,951	2024-07-26	-53.93%
Motilal Oswal Nifty 500 Index Fund	545	0.03	0.17	7,951	2024-07-26	-93.15%
Edelweiss Nifty Smallcap 250 Index Fund	169	0.34	0.05	7,951	2024-07-26	-97.87%
Groww Nifty Total Market Index Fund	30	0.03	0.01	7,951	2024-07-26	-99.62%
Motilal Oswal Nifty 500 ETF	24	0.03	0.01	7,951	2024-07-26	-99.7%

Tata Investment Corporation Ltd ROCE Trend

Tata Investment Corporation Ltd EPS Trend

Tata Investment Corporation Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	76.09	49.78	42.34	30.44	17.89
Diluted EPS (Rs.)	76.09	49.78	42.34	30.44	17.89
Cash EPS (Rs.)	63.49	42.90	39.04	25.84	19.04
Book Value[Excl.RevalReserv]/Share (Rs.)	5922.51	3868.67	3889.25	2814.66	1592.70
Book Value[Incl.RevalReserv]/Share (Rs.)	5922.51	3868.67	3889.25	2814.66	1592.70
Revenue From Operations / Share (Rs.)	75.72	54.78	50.17	32.24	28.44
PBDIT / Share (Rs.)	69.77	48.59	45.27	28.39	21.20
PBIT / Share (Rs.)	69.59	48.40	45.09	28.22	21.06
PBT / Share (Rs.)	67.46	46.77	45.08	28.20	21.00
Net Profit / Share (Rs.)	63.31	42.71	38.86	25.68	18.90
NP After MI And SOA / Share (Rs.)	76.09	49.78	42.34	30.43	17.89
PBDIT Margin (%)	92.14	88.69	90.23	88.03	74.56
PBIT Margin (%)	91.89	88.34	89.87	87.51	74.04
PBT Margin (%)	89.08	85.37	89.84	87.46	73.86
Net Profit Margin (%)	83.60	77.96	77.45	79.62	66.44
NP After MI And SOA Margin (%)	100.48	90.87	84.39	94.38	62.91
Return on Networth / Equity (%)	1.28	1.28	1.08	1.08	1.12
Return on Capital Employeed (%)	1.07	1.16	1.08	0.95	1.30
Return On Assets (%)	1.17	1.19	1.02	1.03	1.10
Long Term Debt / Equity (X)	0.00	0.01	0.00	0.00	0.00
Total Debt / Equity (X)	0.00	0.01	0.00	0.00	0.00
Asset Turnover Ratio (%)	0.01	0.01	0.01	0.01	0.01
Current Ratio (X)	1732.97	1606.92	978.32	1472.00	832.06
Quick Ratio (X)	1732.97	1606.92	978.32	1472.00	832.06
Dividend Payout Ratio (NP) (%)	63.08	110.48	56.67	59.14	111.77
Dividend Payout Ratio (CP) (%)	62.93	110.06	56.43	58.82	110.85
Earning Retention Ratio (%)	36.92	-10.48	43.33	40.86	-11.77
Cash Earning Retention Ratio (%)	37.07	-10.06	43.57	41.18	-10.85
Interest Coverage Ratio (X)	32.75	29.78	2506.17	1633.86	408.08
Interest Coverage Ratio (Post Tax) (X)	30.71	27.18	2152.09	1478.91	364.66
Enterprise Value (Cr.)	31242.53	9041.51	6847.37	5220.36	3330.50
EV / Net Operating Revenue (X)	81.55	32.62	26.97	32.00	23.15
EV / EBITDA (X)	88.50	36.78	29.89	36.35	31.04
MarketCap / Net Operating Revenue (X)	82.44	31.89	27.02	32.12	23.32
Retention Ratios (%)	36.91	-10.48	43.32	40.85	-11.77
Price / BV (X)	1.05	0.45	0.34	0.36	0.41
Price / Net Operating Revenue (X)	82.44	31.89	27.02	32.12	23.32
EarningsYield	0.01	0.02	0.03	0.02	0.02

Tata Investment Corporation Ltd Profitability Ratios (%)

Tata Investment Corporation Ltd Liquidity Ratios

Tata Investment Corporation Ltd Liquidity Ratios (%)

Tata Investment Corporation Ltd Interest Coverage Ratios (%)

Tata Investment Corporation Ltd Valuation Ratios

Fair Value

Fair Value: 7,681.13

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 21.08% compared to the current price 6344

Intrinsic Value: 9,925.39

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 56.45% compared to the current price 6344

Last 5 Year EPS CAGR: 29.22%

*Investments are subject to market risks

Strength and Weakness of Tata Investment Corporation Ltd Stock

Strength	Weakness
The stock has a low average Working Capital Days of -17.18, which is a positive sign. The company has higher reserves (9,864.25 cr) compared to borrowings (20.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (223.50 cr) and profit (207.25 cr) over the years.	The stock has a low average ROCE of 4.55%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 12.73, which may not be favorable.

FAQ

What is the latest fair value of Tata Investment Corporation Ltd?

The latest fair value of Tata Investment Corporation Ltd is ₹7681.13.

What is the Market Cap of Tata Investment Corporation Ltd?

The Market Cap of Tata Investment Corporation Ltd is 32,058 Cr..

What is the current Stock Price of Tata Investment Corporation Ltd as on 27 July 2024?

The current stock price of Tata Investment Corporation Ltd as on 27 July 2024 is 6,344.

What is the High / Low of Tata Investment Corporation Ltd stocks in FY 2024?

In FY 2024, the High / Low of Tata Investment Corporation Ltd stocks is 9,757/2,401.

What is the Stock P/E of Tata Investment Corporation Ltd?

The Stock P/E of Tata Investment Corporation Ltd is 83.3.

What is the Book Value of Tata Investment Corporation Ltd?

The Book Value of Tata Investment Corporation Ltd is 5,923.

What is the Dividend Yield of Tata Investment Corporation Ltd?

The Dividend Yield of Tata Investment Corporation Ltd is 0.44 %.

What is the ROCE of Tata Investment Corporation Ltd?

The ROCE of Tata Investment Corporation Ltd is 1.67 %.

What is the ROE of Tata Investment Corporation Ltd?

The ROE of Tata Investment Corporation Ltd is 1.55 %.

What is the Face Value of Tata Investment Corporation Ltd?

The Face Value of Tata Investment Corporation Ltd is 10.0.

Fundamental Analysis of Tata Investment Corporation Ltd

About the Company - Tata Investment Corporation Ltd

Basic Stock Data of Tata Investment Corporation Ltd

Tata Investment Corporation Ltd Quarterly Results

Tata Investment Corporation Ltd Quarterly Chart

Tata Investment Corporation Ltd Profit & Loss

Tata Investment Corporation Ltd Profit & Loss Yearly Chart

Tata Investment Corporation Ltd Growth

Tata Investment Corporation Ltd Balance Sheet

Tata Investment Corporation Ltd Reserves and Borrowings Chart

Tata Investment Corporation Ltd Cash Flow

Tata Investment Corporation Ltd Financial Efficiency Indicators

Tata Investment Corporation Ltd Financial Efficiency Indicators Chart

Tata Investment Corporation Ltd Share Holding Pattern

Tata Investment Corporation Ltd Shareholding Pattern Chart

No. of Tata Investment Corporation Ltd Shareholders

Tata Investment Corporation Ltd Mutual Fund Holdings

Tata Investment Corporation Ltd ROCE Trend

Tata Investment Corporation Ltd EPS Trend

Tata Investment Corporation Ltd Key Financial Ratios

Tata Investment Corporation Ltd Profitability Ratios (%)

Tata Investment Corporation Ltd Liquidity Ratios

Tata Investment Corporation Ltd Liquidity Ratios (%)

Tata Investment Corporation Ltd Interest Coverage Ratios (%)

Tata Investment Corporation Ltd Valuation Ratios

Fair Value

Strength and Weakness of Tata Investment Corporation Ltd Stock

FAQ

What is the latest fair value of Tata Investment Corporation Ltd?

What is the Market Cap of Tata Investment Corporation Ltd?

What is the current Stock Price of Tata Investment Corporation Ltd as on 27 July 2024?

What is the High / Low of Tata Investment Corporation Ltd stocks in FY 2024?

What is the Stock P/E of Tata Investment Corporation Ltd?

What is the Book Value of Tata Investment Corporation Ltd?

What is the Dividend Yield of Tata Investment Corporation Ltd?

What is the ROCE of Tata Investment Corporation Ltd?

What is the ROE of Tata Investment Corporation Ltd?

What is the Face Value of Tata Investment Corporation Ltd?

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