Tainwala Chemicals & Plastics Ltd share price today (on 2 April 2023).

We Provide Best stock tips for Tainwala Chemicals & Plastics Ltd. A1 Intraday Tips is accurate share tips Provider Company in India in Nse market. A1 Intraday Tips, also provide Daily Charts with Nse Share Market current price of Tainwala Chemicals & Plastics Ltd with today performance in nse market. Contact Us for Jackpot Stock tips.

Get Free Stock Tips for Tainwala Chemicals & Plastics Ltd

Live Chart - Tainwala Chemicals & Plastics (India) Ltd

Tainwala Chemicals & Plastics (India) Ltd
BSE: 507785 | NSE: TAINWALCHM | ISIN: INE123C01018
Market Cap: [Rs.Cr.] 20 | Face Value: [Rs.] 10

Tainwala Chemicals & Plastics (India) Ltd. was incorporated in 1985, and is owned by the Tainwala Group. The company mainly produces Sheets, films, etc. of plastic, not reinforced.
Incorporated on 4 Sep.'85, Tainwala Chemicals & Plastics (India) became public in 1986. It was promoted by Ramesh Tainwala, a management graduate from BITS. The company manufactures extruded plastic sheets of various polymers like PVC, PP, HDPE, PET, etc, from 200 microns to 40 mm in thickness. It also manufactures a mosquito repellent under the Casper brand name, and wet-cleaning tissues under the Fresh One brand name. Extruded plastic sheets find wide application in fabrication of industrial equipment, lining of chemical tanks, pollution control equipment and lining for refrigerators. PVC roofing sheets find application in houses, warehouses, godowns, factories, exhibition stalls, etc.
The company came out with a public issue at a premium of Rs. 35 in Sep.'94 to part-finance a project to manufacture multi-layer PVC roofing sheets, and to increase the manufacturing capacity for plastic sheets. The company has initiated certain structural changes to meet the new business scenario. Samsonite India Ltd, a Joint Venture Company between the Tainwala group and Samsonite Corporation of USA for manufacture of luggage and other travel accessories successfully commenced production this year.
The Scheme of amalgamation of Tainwala Polycontainers Limited with the company was approved by the Hon'ble High Court of Bombay on the 15th Day of October, 1998. However the said order has been stayed on the appeal filed by a shareholders of Tainwala Polycontainers Limited.
According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues increased with 11.64%, from INR 12.37 tens of millions to INR 13.81 tens of millions. Operating result increased from INR 1.48 tens of millions to INR 2.26 tens of millions which means 52.70% change. The results of the period decreased -8.64% reaching INR 1.48 tens of millions at the end of the period against INR 1.62 tens of millions last year. Return on equity (Net income/Total equity) went from 4.39% to 3.90%, the Return On Asset (Net income / Total Asset) went from 4.36% to 3.89% and the Net Profit Margin (Net Income/Net Sales) went from 13.10% to 10.72% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 100.24% compared to 100.54% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 14.80 to 23.29 when compared to the previous year.

Nse Listed Companies with Live Charts