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TIDE WATER (590005). PREPARED BY Stock Research Gurukul stockresearchgurukul@rediffmail.com. SHARE HOLDING PATTERN. Profitability statement. Profitability statement. Graphical Performance of Turnover vs Profit Before Tax. Financial Performance of last 8 years. About Company….
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TIDE WATER (590005) PREPARED BY Stock Research Gurukul stockresearchgurukul@rediffmail.com Stock Research Gurukul
SHARE HOLDING PATTERN Stock Research Gurukul
Profitability statement Stock Research Gurukul
Profitability statement Stock Research Gurukul
Graphical Performance of Turnover vs Profit Before Tax Stock Research Gurukul
Financial Performance of last 8 years Stock Research Gurukul
About Company…. • Tide Water has been a pioneer of Automotive and Industrial lubricants in India since 1928. • Has five plants at Howrah, Oragadam, Turbhe, Silvassa and Faridabad. • 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. Stock Research Gurukul
About Company…. • Tide Water Oil Co. (I) Ltd., 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. • Loan given to Andre Yule of Rs 10 cr will be back before 31.03.2010 • Govt decided to disinvest 40% of their holding • EPS of current 6 months is higher than last full year. • Enter in new ventures of Power generation, distribution and will get carbon credit and so on • Cash rich company with sound financial stability Stock Research Gurukul
Future Prediction…… • In just half year it has achieved more than last year profit. • SBI Capital is appointed as for valuation for disinvestment purpose. • On account of disinvestment, higher profitability growth, book value will cross by Rs 2300+ and so on.. We predict that it will touch in 5 digit within 12 months. • We expect higher dividend, huge bonus and stock split in this as last bonus given in 1980 & 1993 Stock Research Gurukul
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