Tokyo Plast International Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 8:30 pm

Market Cap	131 Cr.
Current Price	138
High / Low	166/92.8
Stock P/E	99.4
Book Value	64.8
Dividend Yield	0.00 %
ROCE	4.57 %
ROE	2.17 %
Face Value	10.0
PEG Ratio	2.21

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Tokyo Plast International Ltd

Competitors of Tokyo Plast International Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
MPL Plastics Ltd	12.3 Cr.	9.86	18.9/8.50		2.82	0.00 %	267 %	%	10.0
Hawkins Cookers Ltd	4,188 Cr.	7,916	9,200/6,450	36.5	725	1.52 %	40.9 %	32.0 %	10.0
Harsha Engineers International Ltd	3,591 Cr.	394	614/330	41.8	139	0.25 %	13.6 %	6.84 %	10.0
Gorani Industries Ltd	44.8 Cr.	83.5	119/76.3	52.1	24.7	0.00 %	9.70 %	6.68 %	10.0
Eureka Forbes Ltd	12,417 Cr.	642	656/397	77.8	227	0.00 %	5.07 %	3.72 %	10.0
Industry Average	9,871.91 Cr	1,487.72		61.03	189.88	0.39%	34.82%	11.38%	6.69

All Competitor Stocks of Tokyo Plast International Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	20.83	16.16	23.21	16.49	19.67	14.57	18.96	15.87	16.96	17.80	18.47	19.05	17.16
Expenses	20.92	15.02	21.72	16.26	17.20	13.56	16.99	14.74	15.89	16.28	16.90	17.82	14.83
Operating Profit	-0.09	1.14	1.49	0.23	2.47	1.01	1.97	1.13	1.07	1.52	1.57	1.23	2.33
OPM %	-0.43%	7.05%	6.42%	1.39%	12.56%	6.93%	10.39%	7.12%	6.31%	8.54%	8.50%	6.46%	13.58%
Other Income	-0.01	0.00	0.00	0.00	-0.55	0.02	0.00	0.11	0.00	0.00	0.00	0.00	0.16
Interest	0.29	0.31	0.37	0.33	0.39	0.27	0.27	0.34	0.37	0.33	0.37	0.37	1.05
Depreciation	0.76	0.77	0.70	0.80	0.92	0.73	0.71	0.71	0.63	0.72	0.73	0.76	0.76
Profit before tax	-1.15	0.06	0.42	-0.90	0.61	0.03	0.99	0.19	0.07	0.47	0.47	0.10	0.68
Tax %	-27.83%	-16.67%	2.38%	0.00%	50.82%	-100.00%	16.16%	5.26%	185.71%	19.15%	19.15%	20.00%	29.41%
Net Profit	-0.83	0.07	0.40	-0.90	0.30	0.06	0.83	0.18	-0.06	0.38	0.39	0.08	0.48
EPS in Rs	-0.87	0.07	0.42	-0.95	0.32	0.06	0.87	0.19	-0.06	0.40	0.41	0.08	0.51

Last Updated: May 31, 2025, 7:29 am

Below is a detailed analysis of the quarterly data for Tokyo Plast International Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 17.16 Cr.. The value appears to be declining and may need further review. It has decreased from 19.05 Cr. (Dec 2024) to 17.16 Cr., marking a decrease of 1.89 Cr..
For Expenses, as of Mar 2025, the value is 14.83 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 17.82 Cr. (Dec 2024) to 14.83 Cr., marking a decrease of 2.99 Cr..
For Operating Profit, as of Mar 2025, the value is 2.33 Cr.. The value appears strong and on an upward trend. It has increased from 1.23 Cr. (Dec 2024) to 2.33 Cr., marking an increase of 1.10 Cr..
For OPM %, as of Mar 2025, the value is 13.58%. The value appears strong and on an upward trend. It has increased from 6.46% (Dec 2024) to 13.58%, marking an increase of 7.12%.
For Other Income, as of Mar 2025, the value is 0.16 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Dec 2024) to 0.16 Cr., marking an increase of 0.16 Cr..
For Interest, as of Mar 2025, the value is 1.05 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.37 Cr. (Dec 2024) to 1.05 Cr., marking an increase of 0.68 Cr..
For Depreciation, as of Mar 2025, the value is 0.76 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.76 Cr..
For Profit before tax, as of Mar 2025, the value is 0.68 Cr.. The value appears strong and on an upward trend. It has increased from 0.10 Cr. (Dec 2024) to 0.68 Cr., marking an increase of 0.58 Cr..
For Tax %, as of Mar 2025, the value is 29.41%. The value appears to be increasing, which may not be favorable. It has increased from 20.00% (Dec 2024) to 29.41%, marking an increase of 9.41%.
For Net Profit, as of Mar 2025, the value is 0.48 Cr.. The value appears strong and on an upward trend. It has increased from 0.08 Cr. (Dec 2024) to 0.48 Cr., marking an increase of 0.40 Cr..
For EPS in Rs, as of Mar 2025, the value is 0.51. The value appears strong and on an upward trend. It has increased from 0.08 (Dec 2024) to 0.51, marking an increase of 0.43.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:34 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	51.27	57.15	54.90	58.18	72.18	65.35	52.98	60.85	62.89	79.93	75.53	66.37	72.28
Expenses	43.90	48.97	47.73	49.87	60.32	57.87	53.47	56.93	59.35	75.93	70.26	61.19	66.89
Operating Profit	7.37	8.18	7.17	8.31	11.86	7.48	-0.49	3.92	3.54	4.00	5.27	5.18	5.39
OPM %	14.37%	14.31%	13.06%	14.28%	16.43%	11.45%	-0.92%	6.44%	5.63%	5.00%	6.98%	7.80%	7.46%
Other Income	-1.46	-0.15	2.04	1.83	1.29	1.52	0.87	0.03	0.04	0.03	-0.50	0.14	0.00
Interest	2.40	2.43	2.86	2.52	1.99	1.45	1.30	1.08	0.78	1.36	1.40	1.25	1.44
Depreciation	2.09	2.29	2.12	2.21	2.45	2.54	2.42	2.78	2.69	2.93	3.19	2.78	2.84
Profit before tax	1.42	3.31	4.23	5.41	8.71	5.01	-3.34	0.09	0.11	-0.26	0.18	1.29	1.11
Tax %	29.58%	-20.54%	22.70%	16.27%	17.34%	18.76%	13.17%	-800.00%	-18.18%	-38.46%	172.22%	21.71%
Net Profit	0.99	3.98	3.27	4.53	7.19	4.08	-3.79	0.81	0.12	-0.15	-0.12	1.00	0.79
EPS in Rs	1.04	4.19	3.44	4.77	7.57	4.29	-3.99	0.85	0.13	-0.16	-0.13	1.05	0.83
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	6.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	302.02%	-17.84%	38.53%	58.72%	-43.25%	-192.89%	121.37%	-85.19%	-225.00%	20.00%	933.33%
Change in YoY Net Profit Growth (%)	0.00%	-319.86%	56.37%	20.19%	-101.97%	-149.64%	314.26%	-206.56%	-139.81%	245.00%	913.33%

Tokyo Plast International Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	3%
5 Years:	4%
3 Years:	-3%
TTM:	9%

Compounded Profit Growth
10 Years:	-9%
5 Years:	10%
3 Years:	117%
TTM:	32%

Stock Price CAGR
10 Years:	20%
5 Years:	18%
3 Years:	14%
1 Year:	34%

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

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:41 pm

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	Sep 2024
Equity Capital	9.50	9.50	9.50	9.50	9.50	9.50	9.50	9.50	9.50	9.50	9.50	9.50	9.50
Reserves	28.24	32.22	35.49	40.02	47.20	50.82	47.01	47.85	48.45	49.19	49.38	50.65	51.55
Borrowings	19.92	21.25	20.39	16.48	15.38	14.28	19.06	12.47	15.97	18.85	14.61	19.29	19.87
Other Liabilities	11.12	9.99	7.76	11.09	12.09	12.77	12.83	11.50	13.27	10.97	12.16	13.13	16.25
Total Liabilities	68.78	72.96	73.14	77.09	84.17	87.37	88.40	81.32	87.19	88.51	85.65	92.57	97.17
Fixed Assets	14.13	13.38	12.74	12.68	12.11	11.22	11.32	10.69	13.56	16.72	15.18	39.17	40.40
CWIP	4.47	4.22	4.35	4.35	4.35	4.35	4.65	4.65	5.27	5.27	5.27	5.55	5.27
Investments	1.26	1.26	1.14	1.14	1.14	1.23	0.11	0.11	0.11	0.11	0.02	0.01	0.00
Other Assets	48.92	54.10	54.91	58.92	66.57	70.57	72.32	65.87	68.25	66.41	65.18	47.84	51.50
Total Assets	68.78	72.96	73.14	77.09	84.17	87.37	88.40	81.32	87.19	88.51	85.65	92.57	97.17

Below is a detailed analysis of the balance sheet data for Tokyo Plast International Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is 9.50 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 9.50 Cr..
For Reserves, as of Sep 2024, the value is 51.55 Cr.. The value appears strong and on an upward trend. It has increased from 50.65 Cr. (Mar 2024) to 51.55 Cr., marking an increase of 0.90 Cr..
For Borrowings, as of Sep 2024, the value is 19.87 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 19.29 Cr. (Mar 2024) to 19.87 Cr., marking an increase of 0.58 Cr..
For Other Liabilities, as of Sep 2024, the value is 16.25 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13.13 Cr. (Mar 2024) to 16.25 Cr., marking an increase of 3.12 Cr..
For Total Liabilities, as of Sep 2024, the value is 97.17 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 92.57 Cr. (Mar 2024) to 97.17 Cr., marking an increase of 4.60 Cr..
For Fixed Assets, as of Sep 2024, the value is 40.40 Cr.. The value appears strong and on an upward trend. It has increased from 39.17 Cr. (Mar 2024) to 40.40 Cr., marking an increase of 1.23 Cr..
For CWIP, as of Sep 2024, the value is 5.27 Cr.. The value appears to be declining and may need further review. It has decreased from 5.55 Cr. (Mar 2024) to 5.27 Cr., marking a decrease of 0.28 Cr..
For Investments, as of Sep 2024, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.01 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 0.01 Cr..
For Other Assets, as of Sep 2024, the value is 51.50 Cr.. The value appears strong and on an upward trend. It has increased from 47.84 Cr. (Mar 2024) to 51.50 Cr., marking an increase of 3.66 Cr..
For Total Assets, as of Sep 2024, the value is 97.17 Cr.. The value appears strong and on an upward trend. It has increased from 92.57 Cr. (Mar 2024) to 97.17 Cr., marking an increase of 4.60 Cr..

Notably, the Reserves (51.55 Cr.) exceed the Borrowings (19.87 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	0.87	3.60	10.46	5.28	3.17	3.49	9.07	1.07	3.61	18.89	8.69	6.20
Cash from Investing Activity +	-0.21	0.20	-2.11	-4.53	-0.57	-3.19	-2.32	-4.31	-3.26	-13.39	-10.86	-13.67
Cash from Financing Activity +	-1.10	-3.72	-6.44	-2.57	-2.86	4.11	-7.93	0.81	-0.69	-5.39	2.75	6.33
Net Cash Flow	-0.44	0.07	1.92	-1.82	-0.26	4.41	-1.18	-2.43	-0.34	0.11	0.59	-1.14

Free 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
Free Cash Flow	-12.55	-13.07	-13.22	-8.17	-3.52	-6.80	-19.55	-8.55	-12.43	-14.85	-9.34	-14.11

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

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	Mar 2024
Debtor Days	73.11	71.72	67.15	67.82	99.92	116.96	131.45	102.03	124.43	75.80	63.64	88.71
Inventory Days	103.27	89.94	89.86	93.37	51.27	65.80	159.07	251.54	218.50	200.69	167.44	169.90
Days Payable	106.16	75.61	39.76	64.23	58.82	55.46	74.60	37.42	49.86	27.06	28.05	27.63
Cash Conversion Cycle	70.23	86.05	117.25	96.96	92.38	127.30	215.92	316.16	293.07	249.44	203.03	230.97
Working Capital Days	108.35	147.53	174.79	146.61	176.18	223.41	313.88	275.80	281.37	225.63	174.84	185.72
ROCE %	6.84%	9.52%	11.08%	12.19%	15.47%	8.82%	-2.30%	1.61%	1.21%	1.44%	2.81%	3.32%

Financial Efficiency Indicators Chart

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	64.97%	64.97%	64.97%	59.68%	63.11%	63.96%	64.50%	64.50%	64.50%	63.65%	63.65%	63.84%
FIIs	0.00%	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.00%
Public	35.03%	35.03%	35.03%	40.32%	36.86%	36.03%	35.50%	35.50%	35.50%	36.32%	36.35%	36.15%
No. of Shareholders	10,195	9,729	10,438	10,573	10,631	10,691	10,394	10,332	10,551	10,787	10,918	11,195

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-0.16	0.13	0.79	-4.27	4.25
Diluted EPS (Rs.)	-0.16	0.13	0.79	-4.27	4.25
Cash EPS (Rs.)	2.92	2.96	3.68	-1.75	6.90
Book Value[Excl.RevalReserv]/Share (Rs.)	61.24	60.46	59.83	59.04	63.42
Book Value[Incl.RevalReserv]/Share (Rs.)	61.24	60.46	59.83	59.04	63.42
Revenue From Operations / Share (Rs.)	84.13	66.19	64.04	55.76	68.78
PBDIT / Share (Rs.)	4.24	3.76	4.05	0.11	9.41
PBIT / Share (Rs.)	1.16	0.93	1.12	-2.44	6.74
PBT / Share (Rs.)	-0.26	0.11	-0.01	-3.83	5.22
Net Profit / Share (Rs.)	-0.16	0.12	0.74	-4.30	4.23
NP After MI And SOA / Share (Rs.)	-0.16	0.12	0.74	-4.30	4.23
PBDIT Margin (%)	5.04	5.68	6.32	0.20	13.68
PBIT Margin (%)	1.38	1.40	1.75	-4.37	9.80
PBT Margin (%)	-0.31	0.16	-0.01	-6.87	7.58
Net Profit Margin (%)	-0.19	0.19	1.16	-7.71	6.15
NP After MI And SOA Margin (%)	-0.19	0.19	1.16	-7.71	6.15
Return on Networth / Equity (%)	-0.26	0.21	1.25	-7.28	6.67
Return on Capital Employeed (%)	1.69	1.41	1.75	-3.90	10.16
Return On Assets (%)	-0.17	0.13	0.87	-4.64	4.60
Total Debt / Equity (X)	0.25	0.24	0.21	0.33	0.23
Asset Turnover Ratio (%)	0.91	0.74	0.71	0.60	0.76
Current Ratio (X)	2.50	2.45	2.85	2.09	2.08
Quick Ratio (X)	1.48	1.65	1.81	1.64	1.83
Inventory Turnover Ratio (X)	1.93	1.39	1.68	3.26	6.14
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	0.00	11.81
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	0.00	7.24
Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	88.19
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	92.76
Interest Coverage Ratio (X)	2.97	4.58	3.58	0.08	6.17
Interest Coverage Ratio (Post Tax) (X)	0.88	1.15	1.66	-2.09	3.77
Enterprise Value (Cr.)	99.58	79.29	64.66	64.63	89.59
EV / Net Operating Revenue (X)	1.25	1.26	1.06	1.22	1.37
EV / EBITDA (X)	24.70	22.17	16.79	609.26	10.02
MarketCap / Net Operating Revenue (X)	1.07	1.06	0.92	0.95	1.17
Retention Ratios (%)	0.00	0.00	0.00	0.00	88.18
Price / BV (X)	1.47	1.16	0.98	0.89	1.26
Price / Net Operating Revenue (X)	1.07	1.06	0.92	0.95	1.17
EarningsYield	0.00	0.00	0.01	-0.08	0.05

After reviewing the key financial ratios for Tokyo Plast International Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 22, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 21) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 22, the value is -0.16. This value is below the healthy minimum of 5. It has decreased from 0.13 (Mar 21) to -0.16, marking a decrease of 0.29.
For Diluted EPS (Rs.), as of Mar 22, the value is -0.16. This value is below the healthy minimum of 5. It has decreased from 0.13 (Mar 21) to -0.16, marking a decrease of 0.29.
For Cash EPS (Rs.), as of Mar 22, the value is 2.92. This value is below the healthy minimum of 3. It has decreased from 2.96 (Mar 21) to 2.92, marking a decrease of 0.04.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 61.24. It has increased from 60.46 (Mar 21) to 61.24, marking an increase of 0.78.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 22, the value is 61.24. It has increased from 60.46 (Mar 21) to 61.24, marking an increase of 0.78.
For Revenue From Operations / Share (Rs.), as of Mar 22, the value is 84.13. It has increased from 66.19 (Mar 21) to 84.13, marking an increase of 17.94.
For PBDIT / Share (Rs.), as of Mar 22, the value is 4.24. This value is within the healthy range. It has increased from 3.76 (Mar 21) to 4.24, marking an increase of 0.48.
For PBIT / Share (Rs.), as of Mar 22, the value is 1.16. This value is within the healthy range. It has increased from 0.93 (Mar 21) to 1.16, marking an increase of 0.23.
For PBT / Share (Rs.), as of Mar 22, the value is -0.26. This value is below the healthy minimum of 0. It has decreased from 0.11 (Mar 21) to -0.26, marking a decrease of 0.37.
For Net Profit / Share (Rs.), as of Mar 22, the value is -0.16. This value is below the healthy minimum of 2. It has decreased from 0.12 (Mar 21) to -0.16, marking a decrease of 0.28.
For NP After MI And SOA / Share (Rs.), as of Mar 22, the value is -0.16. This value is below the healthy minimum of 2. It has decreased from 0.12 (Mar 21) to -0.16, marking a decrease of 0.28.
For PBDIT Margin (%), as of Mar 22, the value is 5.04. This value is below the healthy minimum of 10. It has decreased from 5.68 (Mar 21) to 5.04, marking a decrease of 0.64.
For PBIT Margin (%), as of Mar 22, the value is 1.38. This value is below the healthy minimum of 10. It has decreased from 1.40 (Mar 21) to 1.38, marking a decrease of 0.02.
For PBT Margin (%), as of Mar 22, the value is -0.31. This value is below the healthy minimum of 10. It has decreased from 0.16 (Mar 21) to -0.31, marking a decrease of 0.47.
For Net Profit Margin (%), as of Mar 22, the value is -0.19. This value is below the healthy minimum of 5. It has decreased from 0.19 (Mar 21) to -0.19, marking a decrease of 0.38.
For NP After MI And SOA Margin (%), as of Mar 22, the value is -0.19. This value is below the healthy minimum of 8. It has decreased from 0.19 (Mar 21) to -0.19, marking a decrease of 0.38.
For Return on Networth / Equity (%), as of Mar 22, the value is -0.26. This value is below the healthy minimum of 15. It has decreased from 0.21 (Mar 21) to -0.26, marking a decrease of 0.47.
For Return on Capital Employeed (%), as of Mar 22, the value is 1.69. This value is below the healthy minimum of 10. It has increased from 1.41 (Mar 21) to 1.69, marking an increase of 0.28.
For Return On Assets (%), as of Mar 22, the value is -0.17. This value is below the healthy minimum of 5. It has decreased from 0.13 (Mar 21) to -0.17, marking a decrease of 0.30.
For Total Debt / Equity (X), as of Mar 22, the value is 0.25. This value is within the healthy range. It has increased from 0.24 (Mar 21) to 0.25, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 22, the value is 0.91. It has increased from 0.74 (Mar 21) to 0.91, marking an increase of 0.17.
For Current Ratio (X), as of Mar 22, the value is 2.50. This value is within the healthy range. It has increased from 2.45 (Mar 21) to 2.50, marking an increase of 0.05.
For Quick Ratio (X), as of Mar 22, the value is 1.48. This value is within the healthy range. It has decreased from 1.65 (Mar 21) to 1.48, marking a decrease of 0.17.
For Inventory Turnover Ratio (X), as of Mar 22, the value is 1.93. This value is below the healthy minimum of 4. It has increased from 1.39 (Mar 21) to 1.93, marking an increase of 0.54.
For Dividend Payout Ratio (NP) (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 22, the value is 2.97. This value is below the healthy minimum of 3. It has decreased from 4.58 (Mar 21) to 2.97, marking a decrease of 1.61.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 22, the value is 0.88. This value is below the healthy minimum of 3. It has decreased from 1.15 (Mar 21) to 0.88, marking a decrease of 0.27.
For Enterprise Value (Cr.), as of Mar 22, the value is 99.58. It has increased from 79.29 (Mar 21) to 99.58, marking an increase of 20.29.
For EV / Net Operating Revenue (X), as of Mar 22, the value is 1.25. This value is within the healthy range. It has decreased from 1.26 (Mar 21) to 1.25, marking a decrease of 0.01.
For EV / EBITDA (X), as of Mar 22, the value is 24.70. This value exceeds the healthy maximum of 15. It has increased from 22.17 (Mar 21) to 24.70, marking an increase of 2.53.
For MarketCap / Net Operating Revenue (X), as of Mar 22, the value is 1.07. This value is within the healthy range. It has increased from 1.06 (Mar 21) to 1.07, marking an increase of 0.01.
For Retention Ratios (%), as of Mar 22, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 21) which recorded 0.00.
For Price / BV (X), as of Mar 22, the value is 1.47. This value is within the healthy range. It has increased from 1.16 (Mar 21) to 1.47, marking an increase of 0.31.
For Price / Net Operating Revenue (X), as of Mar 22, the value is 1.07. This value is within the healthy range. It has increased from 1.06 (Mar 21) to 1.07, marking an increase of 0.01.
For EarningsYield, as of Mar 22, the value is 0.00. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 21) which recorded 0.00.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Tokyo Plast International Ltd as of June 1, 2025 is: 114.05

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.

As of June 1, 2025, Tokyo Plast International Ltd is Overvalued by 17.36% compared to the current share price 138.00

Intrinsic Value of Tokyo Plast International Ltd as of June 1, 2025 is: 165.24

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, Tokyo Plast International Ltd is Undervalued by 19.74% compared to the current share price 138.00

Last 5 Year EPS CAGR: 44.89%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (44.47 cr) compared to borrowings (17.52 cr), indicating strong financial stability. The company has shown consistent growth in sales (63.84 cr) and profit (2.10 cr) over the years.	The stock has a low average ROCE of 6.00%, which may not be favorable. The stock has a high average Working Capital Days of 202.84, which may not be favorable. The stock has a high average Cash Conversion Cycle of 174.90, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Tokyo Plast International Ltd:
1. Net Profit Margin: -0.19%
  - 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: 1.69% (Industry Average ROCE: 34.82%)
  - 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. ROE%: -0.26% (Industry Average ROE: 11.38%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 0.88
  - 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.
5. Quick Ratio: 1.48
  - 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.
6. Stock P/E: 99.4 (Industry average Stock P/E: 61.03)
  - 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.
7. Total Debt / Equity: 0.25
  - 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Tokyo Plast International Ltd. is a Public Limited Listed company incorporated on 18/11/1992 and has its registered office in the State of Daman & Diu, India. Company's Corporate Identification Number(CIN) is L25209DD1992PLC009784 and registration number is 009784. Currently Company is involved in the business activities of Manufacture of plastics products. Company's Total Operating Revenue is Rs. 72.47 Cr. and Equity Capital is Rs. 9.50 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Domestic Appliances	Plot No.363/1 (1,2,3), Shree Ganesh Industrial Estate, Daman Daman & Diu 396210	info@tokyoplast.com http://www.tokyoplast.com

Management
Name	Position Held
Mr. Velji L Shah	Chairman & Managing Director
Mr. Haresh V Shah	Director
Mr. Chimanlal A Kachhi	Director
Mrs. Jagruti Mayurbhai Sanghvi	Director
Mr. Viraj Devang Vora	Director
Mr. Priyaj Haresh Shah	Director

FAQ

What is the intrinsic value of Tokyo Plast International Ltd?

Tokyo Plast International Ltd's intrinsic value (as of 01 June 2025) is ₹114.05 — 17.36% lower the current market price of 138.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 131 Cr. market cap, FY2025-2026 high/low of ₹166/92.8, reserves of 51.55 Cr, and liabilities of 97.17 Cr.

What is the Market Cap of Tokyo Plast International Ltd?

The Market Cap of Tokyo Plast International Ltd is 131 Cr..

What is the current Stock Price of Tokyo Plast International Ltd as on 01 June 2025?

The current stock price of Tokyo Plast International Ltd as on 01 June 2025 is 138.

What is the High / Low of Tokyo Plast International Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Tokyo Plast International Ltd stocks is ₹166/92.8.

What is the Stock P/E of Tokyo Plast International Ltd?

The Stock P/E of Tokyo Plast International Ltd is 99.4.

What is the Book Value of Tokyo Plast International Ltd?

The Book Value of Tokyo Plast International Ltd is 64.8.

What is the Dividend Yield of Tokyo Plast International Ltd?

The Dividend Yield of Tokyo Plast International Ltd is 0.00 %.

What is the ROCE of Tokyo Plast International Ltd?

The ROCE of Tokyo Plast International Ltd is 4.57 %.

What is the ROE of Tokyo Plast International Ltd?

The ROE of Tokyo Plast International Ltd is 2.17 %.

What is the Face Value of Tokyo Plast International Ltd?

The Face Value of Tokyo Plast International Ltd is 10.0.