Tide Water Oil Company (India) Ltd.
Snapshot View

2735.35 -143.95 ▼-5.0%

05 August 2021, 04:00:00 P.M.
Volume: 3,375

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Lubricants Compare with Industry peers
Website http://www.tidewaterindia.com
Financial Indicators
Market Cap 4,766.07 Cr.
Earnings per share (EPS) 81.11 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 33.72 Trailing Twelve Months Ending 2021-03
Industry PE 17.46 Trailing Twelve Months Ending 2021-03
Book Value / Share 423.75 Trailing Twelve Months Ending 2021-03
Price to Book Value 6.46 Calculated using Price: 2,735.35
Dividend Yield 0.88 Period Ending 2020-03
No. of Shares Subscribed 1.74 Cr. 17,424,000 Shares
FaceValue 2
Company Profile

Tide Water Oil Company, incorporated in 1928, is a part of the multi divisional Andrew Yule group that has diverse interests in Engineering, Electrical, Tea Cultivation, Power Generation, Digital Communication Systems and Lubricants.

Tide Water has been a pioneer of Automotive and Industrial lubricants in India since 1928 and has five plants at Howrah, Oragadam, Turbhe, Silvassa and Faridabad.

Its repertoire of automotive products includes engine oils for trucks, tractors, commercial vehicles, passenger cars and two/three wheelers. It also produces gear oils, transmission oils, coolants and greases for automobiles. For industrial application it manufactures industrial oils, greases and speciality products like metal working fluids, quenching oils and heat transfer oils. Tide Water has tie-ups for manufacture of genuine oils with a number of renowned OEMs in the automotive and industrial equipment segment.

Quality has been key area focus and the company has continued to innovate with high performance products keeping pace with advancements in technology and market needs. It reaches out to its customers through its pan India distribution network with the popular Veedol range of products, widely accepted for their quality and excellence.

The company also has technical collaboration with Nippon Oil Corporation, the No.1 petroleum conglomerate in Japan. Superior quality lubricants under the brand name Eneos are manufactured and marketed in India by Tide Water Oil.Tide Water Oil has a wide range of attractive promotional schemes for its distribution network across the country. It also offers a number of value added support services including training for its distributors’ sales force.

Tide Water Oil Company (India) Ltd has  entered into a commercial agreement with IFT to market and sell IFT`s DiesoLIFTTM 10 in India. Tidewater is a leading manufacturer and marketer of automotive and industrial lubricants in India. Tidewater has five manufacturing facilities in India and a Pan Indian distribution network.

Tidewater sees a primary market for Dieso LIFTTM 10 with power generation set users, tractor operators in the agricultural industry and retail distribution outlets in India.

Product range of the company includes:

  • VEEDOL
  • Automotive Oils-Diesel Engine Oils, Premium Diesel Engine Oils, PCMO & 2 Wheeler oils, Dedicated Engine oils, Gear & Transmission oils, Agri Engine Oils, Coolant, Brake Fluid, ETC.
  • Industrial Oils-General Purpose Machinery Oils, Spindle Oils, Turbine Oils, Hydraulic & Circulation Oils, Steam Cylinder Oils, Industrial Gear oils, Mill Rolls Oil, Non Drip oils, Cutting oils, etc
  • Industrial Grease-Calcium Base Grease, Lithium base grease, High Temperature grease, Cardium Compound Grease, Graphite grease, etc.
  • Automotive Grease-Lithium Base Grease, Sodium Base Grease, Calcium base grease
  • Genuine oils-Diesel engine oils, petrol engine oils

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-5.00%
1 Week
-16.85%
1 Month
-0.96%
3 Month
+207.69%
6 Month
+211.23%
1 Year
+210.38%
2 Year
+205.58%
5 Year
+149.20%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 18.97 19.62 18.09 36.04 14.48 17.15 15.43 13.38 16.11
Return on Capital Employed (%) 28.06 29.13 27.50 51.10 22.88 24.90 22.88 20.58 21.24
Return on Assets (%) 12.45 12.83 11.58 23.63 9.93 11.48 8.41 6.21 7.37

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 307 338 382 499 586 613 650 640 681
Non Curr. Liab. 24 27 29 45 40 46 44 48 54
Curr. Liab. 134 151 193 194 220 286 680 718 748
Minority Int.
Equity & Liab. 465 515 604 738 846 945 1,374 1,405 1,482
Non Curr. Assets 150 129 126 198 241 308 325 327 355
Curr. Assets 315 386 478 540 605 637 1,049 1,078 1,127
Misc. Exp. not W/O
Total Assets 465 515 604 738 846 945 1,374 1,405 1,482

Profit Loss View Details

Particulars 9 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.
Net Sales 801 903 973 1,037 974 1,130 1,275 1,379 1,317
Other Income 10 10 21 13 24 30 23 21 23
Total Income 812 913 993 1,051 998 1,159 1,298 1,401 1,339
Total Expenditure -716 -810 -880 -957 -860 -994 -1,136 -1,249 -1,179
PBIDT 95 104 113 93 137 165 162 152 161
Interest -1 0 0 -1 -1 -3 -3 -2 -2
Depreciation -9 -9 -9 -11 -7 -9 -9 -10 -12
Taxation -27 -31 -35 -74 -50 -51 -53 -52 -39
Exceptional Items -3 150
PAT 58 63 65 159 79 103 98 86 106

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 85 26 30 80 127 35 94 79 133
Cash Fr. Inv. -59 -2 -2 45 -7 24 -86 -1 -49
Cash Fr. Finan. -7 -10 -12 -20 -36 -56 -58 -110 -80
Net Change 18 14 16 105 83 2 -50 -31 3
Cash & Cash Eqvt 34 49 65 169 244 114 65 34 38

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 57.28 57.28 57.28 57.28 57.28 57.28 57.28 57.28 57.28
Public 42.72 42.72 42.72 42.72 42.72 42.72 42.72 42.72 42.72
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 Aug 2021
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And<BR> Disclosure Requirements) Regulations 2015 As Amended
Intimation to shareholders regarding credit of bonus shares
Tue, 03 Aug 2021
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And<BR> Disclosure Requirements) Regulations 2015 As Amended
Intimation to shareholders regarding treatment and credit of fractional entitlements arising pursuant to sub-division of shares of the Company and bonus issue thereon.
Mon, 02 Aug 2021
Update on board meeting
TIDE WATER OIL (INDIA) LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2021 inter alia to consider and approve The 331st Board Meeting of the Company which was scheduled to be held on Friday 13 August 2021 at 11:30 a.m. for consideration of Unaudited Financial Results for the quarter ended 30 June 2021 will now be held on Friday 13 August 2021 at 11:40 a.m.

Technical Scans View Details

Thu, 05 Aug 2021
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low
S Close Below Last Week Low
CCI Oversold Zone CCI Oversold Zone

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