Tayo Rolls Ltd.
Snapshot View

123.55 -2.65 ▼-2.1%

20 May 2022, 04:01:00 PM
Volume: 12,747

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.tayo.co.in
Market Cap 127.90 Cr.
Enterprise Value(EV) 526.74 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -3.04 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 42.12 Trailing Twelve Months Ending 2021-12
Book Value / Share -467.63 Trailing Twelve Months Ending 2021-12
Price to Book Value -0.27 Calculated using Price: 124.65
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.03 Cr. 10,260,935 Shares
FaceValue 10
Company Profile

Tayo Rolls Limited, a subsidiary of Tata Steel was promoted in 1968 in collaboration with Yodogawa Steel Works of Japan . To update with the developing technology, in 1992, Tayo forged an alliance with ESW of Austria for technical up-gradation.

Since inception, Tayo has been a market leader and has met the country's roll requirements for a wide variety of industries. Through continuous improvements both in process as well as products, Tayo has kept pace with the changing needs of the industry thus providing more value to its customers in terms of more rolling per roll. Tayo’s services to its customers are met through dedicated employees who have rich experience and are well trained in the application of hot as well as cold rolling applications.

The company has successfully diversified into production of special castings for use in power plants and has made significant presence in the industry. Tayo enjoys a wide customer base in India. It has also been exporting rolls to Australia, Austria, Bangladesh, Belgium, Canada, Egypt, Germany, Indonesia, Kazakhstan, Nepal, Norway, New Zealand, Oman, Quatar, Saudi Arabia, Sweden, Singapore , South Africa, Triniland, Talwan, UAE, Romania, Chez Republic and USA.

Tayo ensures that its products not only meet customer expectation but also with after sales service which are comparable to the best in the world.Tayo as a part of its backward integration had set up a mini Blast furnace of 40000 tpa for the manufacture of pig iron. Over the years its pig iron has captured a good share in the eastern India market.

Tayo embarks on setting up integrated facilities for the manufacture of forged rolls and engineering forgings. This would enable the company to become a total solution provider to the user industry for all category of rolls both cast and forged rolls.

Tayo has entered into a License and Know-how agreement with Sheffield Forgemasters International Ltd. of United Kingdom for transfer of technology for the manufacture of Forging quality Ingots, including Round Ingots, Forged Bars, Engineering Forgings and Forged Rolls.

Tayo Rolls limited is a signatory to 'Brand Equity and Business Promotion' (BEBP) Scheme of Tata Sons Limited. Company has also provided Senior Assessor for conducting assessment for CII EXIM BANK Award in 2003.

The company's Plant at Gamharia, 16KM West of Jamshedpur in India, is spread over an area of 50 acres.

Tayo Rolls limited is a signatory to 'Brand Equity and Business Promotion' (BEBP) Scheme of Tata Sons Limited. The Company has adopted Tata Business Excellence Module (TBEM) as a vehicle for excellence in business. The Company has undergone five cycles of Internal Assessment and four cycles of External Assessments conducted by Tata Quality Management Services ( TQMS ).

Product range of the company includes:

  • ROLLS- Tayo Rolls has the capability and the capacity to meet the most demanding mill requirements. Tayo rolls have been custom designed to roll flat as well as long products. Tayo Rolls is also catering to the Domestic Cold Rolling sector by importing Forged Heat treated rough turned blanks from Union Electric Steel, USA. These blanks are finished and ultrasonic tested at Tayo before final delivery to the customer.
  • Cast Rolls
  • Forged Rolls- Tayo has an agreement with Union Electric Steel Corporation (UES), USA, for sourcing the Forged Hardened Rough Turned Rolls and finish machining these Rolls in our plant at Jamshedpur. It can finish the Forged Rolls in a wide range of Sizes and Qualities to cater to the demand of both Ferrous and Non Ferrous Industries for Hot as well as Cold applications.
  • Special Castings- Tayo has established itself as a supplier of Grinding Rings and Balls to Thermal Power plants. Specially designed chemistry, Struct Process and Quality Control ensure that Tayo Rings and Balls are of International standard. TAYO manufactures Grinding Rings in TAYOHARD STANDARD, TAYOHARD SUPER and Balls in TAYOCHROME STEEL, which give superior performance. The present Product range covers:Grinding Rings and Balls for B & W coal mill models, E-64, E-70, EL-76, E-8.5, E-90, 10-E and 12-E with solid and hollow balls varying from 450 mm. to 734 mm. in diameter
  • Pig Iron- Apart of Rolls & Special Castings , Tayo Rolls Limited backward integrated its process to manufacture pig iron and is engaged in the business of selling of foundry grades pig iron. The company presently manufactures 7 different Pig Iron grades. TAYO Rolls commenced Commercial Production in 1st Feb 2005 with a capacity of 34,000 tpa.

Awards/Achievements

  • 2002: National Quality Award in the Secondary Steel Sector by Indian Institute of Metals. 
  • 2002: CII Eastern Region Productivity Award.
  • 2002-03: Indian Oil - Trophy award. Secured First Position in Fuel Conservation Contest, Conducted by CII(ER)
  • 2004: Golden Peacock Innovation Award. 
  • 2004: First Prize at National Quality Award-2004-IIM. 
  • 2005-06: Secured First Position in HRD, Conducted by CII(ER)

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.10%
1 Week
+14.19%
1 Month
-6.61%
3 Month
-11.40%
6 Month
+34.44%
1 Year
+157.40%
2 Year
+384.51%
5 Year
+104.05%
10 Year
+75.50%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%)
Return on Capital Employed (%) -7.46 -29.32 -29.28 -140.39 -632.01
Return on Assets (%) -10.80 -24.66 -22.54 -68.31 -61.60 -27.46 -24.79 -9.58 -4.17

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 46 57 52 -340 -423 -448 -468 -476 -477 -479
Non Curr. Liab. 65 62 44 270 287 366 340 346 346 333
Curr. Liab. 189 190 195 238 236 169 203 220 211 198
Minority Int.
Equity & Liab. 300 309 291 168 101 86 75 90 80 52
Non Curr. Assets 191 171 173 86 77 62 54 58 54 36
Curr. Assets 108 138 118 83 24 24 21 32 25 16
Misc. Exp. not W/O
Total Assets 300 309 291 168 101 86 75 90 80 52

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 177 152 142 126 42 0
Other Income 2 1 1 2 6 1 1 0 -1
Total Income 179 153 143 128 48 1 1 0 -1
Total Expenditure -179 -167 -174 -165 -82 -19 -10 -3 1
PBIDT 0 -15 -31 -37 -34 -18 -9 -2 0
Interest -18 -19 -16 -14 -17 -9 -5 0 0 0
Depreciation -19 -23 -13 -17 -7 -5 -6 -6 -3 -3
Taxation
Exceptional Items 3 -19 -8 -89 -25 6
PAT -34 -75 -68 -157 -83 -26 -20 -8 -4 -3
Adjusted EPS -33 -73 -66 -153 -81 -25 -19 -8 -3 -3

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 1 -9 -30 -25 -14 -15 -21 -5 0 -2
Cash Fr. Inv. -3 -7 -8 -27 -3 -2 -1 0 1
Cash Fr. Finan. 37 -7 49 31 16 20 17 3
Net Change 35 -23 12 -21 -1 3 -5 -1 0 -2
Cash & Cash Eqvt 39 16 27 6 5 8 2 1 2 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 73.21 73.21 73.21 73.21 73.21 73.21 73.21 73.21 73.21
Public 26.79 26.79 26.79 26.79 26.79 26.79 26.79 26.79 26.79
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 04 May 2022
Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
case no. IA. IB No. 357/KB/2020 for approval of the Resolution plan is to be listed at NCLT Kolkata on 5th May 2022.
Mon, 25 Apr 2022
Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
Case no. IA. IB No. 357/KB/2020 for approval of the Resolution plan is to be listed at NCLT Kolkata on 26th April 2022.
Mon, 18 Apr 2022
PCS Certificate For Transfer/Transmission/Transposition
Report on transfer or transmission or transposition of Securities as on 31.03.2022 issued by Parikh & Associates Practicing Company Secretaries.

Technical Scans View Details

Fri, 20 May 2022
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 6 Months High Increase 6 Months
High Increase 1 Year High Increase 1 Year

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