TAAL Enterprises

₹2650 20.1 | 0.8%

WEBSITE BSE:539956 NSE : TAALENT 10 May, 16:01

Market Cap ₹826 Cr.

Stock P/E 24.3

P/B 5.4

Current Price ₹2650

Book Value ₹ 488.5

Face Value 10

52W High ₹3571

Dividend Yield 0.85%

52W Low ₹ 1725

Edit Ratio

TAAL Enterprises Research see more...

Overview Inc. Year: 2014Industry: Airlines

TAAL Enterprises Ltd is an India-based holding agency. The Company is engaged in presenting aircraft charter services. The Company is inside the enterprise of chartering of plane to domestic customers. The Company operates a Cessna Citation CJ2+ form of aircraft with a seating ability of 7 passengers. The aircraft is primarily based at Pune airport. The aircraft is maintained on the renovation, repair, and operations facility of the Company at Hosur in Tamil Nadu. The Company provides product engineering offerings, studies and improvement (R&D) offerings and IT offerings. The Company's subsidiaries include TAAL Tech India Pvt Ltd and First Airways Inc. TAAL Tech India Pvt Ltd is an engineering and technology solutions issuer serving global companies.

TAAL Enterprises Share Price

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Peer Comparison

TAAL Enterprises Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	31	35	34	36	38	41	44	48	48	44
Other Income	2	4	2	1	1	3	4	1	4	3
Total Income	33	39	36	37	39	44	48	49	52	47
Total Expenditure	22	25	21	25	28	27	36	35	36	35
Operating Profit	11	15	14	12	11	16	12	14	17	12
Interest	0	0	1	1	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	2	1	2	2
Exceptional Income / Expenses	0	0	-0	0	0	0	0	0	0	0
Profit Before Tax	10	13	12	11	9	15	10	12	15	11
Provision for Tax	3	4	5	3	3	3	3	4	4	3
Profit After Tax	7	9	7	7	6	11	7	9	11	8
Adjustments	0	-0	0	-0	-0	0	-0	-0	0	-0
Profit After Adjustments	7	9	7	7	6	11	7	9	11	8
Adjusted Earnings Per Share	22.7	29	23.6	23.9	19.2	35.4	21.7	27.3	35.1	24.6

TAAL Enterprises Profit & Loss

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	66	92	104	150	130	105	129	159	184
Other Income	1	1	8	7	8	19	12	8	12
Total Income	67	93	112	157	138	124	141	167	196
Total Expenditure	62	83	88	119	99	82	89	116	142
Operating Profit	5	9	24	38	39	41	52	51	55
Interest	2	1	1	2	2	1	2	2	0
Depreciation	2	1	2	1	6	2	4	5	7
Exceptional Income / Expenses	0	-0	0	0	-6	0	-0	0	0
Profit Before Tax	1	6	21	35	26	38	47	44	48
Provision for Tax	1	1	2	14	6	6	15	13	14
Profit After Tax	0	5	18	22	19	32	32	31	35
Adjustments	-0	-1	-3	0	0	0	0	0	0
Profit After Adjustments	-0	4	16	22	19	32	32	31	35
Adjusted Earnings Per Share	0	12.2	50.1	69.9	62	102.1	102.4	100.2	108.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	23%	7%	9%	0%
Operating Profit CAGR	-2%	9%	16%	0%
PAT CAGR	-3%	18%	11%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	24%	65%	57%	NA%
ROE Average	28%	38%	41%	39%
ROCE Average	41%	53%	61%	52%

TAAL Enterprises Balance Sheet

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	14	17	33	49	51	76	99	124
Minority's Interest	1	2	5	6	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	-0	-2	-3	11	15	6	5
Total Current Liabilities	22	30	24	45	30	19	37	44
Total Liabilities	37	49	60	96	92	110	142	172
Fixed Assets	6	6	6	6	5	1	12	14
Other Non-Current Assets	2	1	1	3	2	3	7	11
Total Current Assets	29	42	53	88	85	106	123	148
Total Assets	37	49	60	96	92	110	142	172

TAAL Enterprises Cash Flow

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	3	4	3	6	14	14	37	25
Cash Flow from Operating Activities	-0	2	15	23	33	40	30	22
Cash Flow from Investing Activities	-2	1	-2	-9	-25	-11	-22	-5
Cash Flow from Financing Activities	2	-4	-10	-6	-8	-6	-20	-23
Net Cash Inflow / Outflow	0	-1	3	8	-0	23	-13	-6
Closing Cash & Cash Equivalent	4	3	6	14	14	37	25	21

TAAL Enterprises Ratios

#	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0	12.22	50.1	69.92	61.99	102.05	102.41	100.21
CEPS(Rs)	7.62	20.7	65.77	74.12	80.7	109.37	113.96	117.19
DPS(Rs)	0	0	0	10	0	20	25	22.5
Book NAV/Share(Rs)	0	55.08	105.76	156.68	162.14	244.7	316.7	398.43
Core EBITDA Margin(%)	6.47	9.37	15.47	20.56	24.04	21.43	31.09	27.25
EBIT Margin(%)	4.24	8.27	21.02	24.64	20.99	37.26	37.57	28.9
Pre Tax Margin(%)	1.29	6.91	19.83	23.42	19.63	36.26	36	27.8
PAT Margin (%)	0.15	5.6	17.52	14.46	14.81	30.24	24.65	19.61
Cash Profit Margin (%)	3.6	7.01	19.65	15.33	19.28	32.4	27.43	22.94
ROA(%)	0.27	12.02	33.49	27.83	20.53	31.45	25.3	19.87
ROE(%)	0.73	33.56	72.94	53.28	38.88	50.17	36.48	28.02
ROCE(%)	12.37	30.72	72.12	89.45	54.91	61.81	55.6	41.3
Receivable days	75.46	63.05	73.03	59.88	68.15	69.45	55.58	65.41
Inventory Days	0	0	0	0	0	0	0	0
Payable days	0	880.77	5272.58	0	0	0	0	0
PER(x)	0	14.9	3.03	3.72	1.64	4.52	15.93	16.54
Price/Book(x)	0	3.31	1.44	1.66	0.63	1.89	5.15	4.16
Dividend Yield(%)	0	0	0	3.85	0	4.33	1.53	1.36
EV/Net Sales(x)	0.13	0.69	0.4	0.45	0.13	0.65	3.35	2.89
EV/Core EBITDA(x)	1.64	6.8	1.74	1.75	0.44	1.65	8.3	8.98
Net Sales Growth(%)	0	39.51	13.33	43.58	-13.28	-19.24	23.29	23.03
EBIT Growth(%)	0	172.19	187.93	69.36	-26.27	43.12	24.11	-5.37
PAT Growth(%)	0	5134.97	254.37	19.2	-11.35	64.64	0.35	-2.15
EPS Growth(%)	0	0	309.96	39.56	-11.35	64.64	0.35	-2.15
Debt/Equity(x)	0.67	0.57	0.03	0.01	0	0	0	0
Current Ratio(x)	1.31	1.39	2.18	1.94	2.78	5.6	3.33	3.38
Quick Ratio(x)	1.31	1.39	2.18	1.94	2.78	5.6	3.33	3.38
Interest Cover(x)	1.44	6.08	17.71	20.19	15.49	37.42	24.01	26.22
Total Debt/Mcap(x)	0	0.17	0.02	0	0	0	0	0

TAAL Enterprises Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	51.1	51.1	51.1	51.1	51.1	51.1	51.1	51.1	50.98	50.98
FII	1.56	1.87	1.99	2.01	2.09	2.21	2.25	2.21	2.21	2.21
DII	0	0	0	0	0	0	0	0.49	0.04	0
Public	47.34	47.03	46.91	46.89	46.81	46.69	46.65	46.2	46.77	46.8
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16
FII	0	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
DII	0	0	0	0	0	0	0	0	0	0
Public	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.14	0.15	0.15
Others	0	0	0	0	0	0	0	0	0	0
Total	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31	0.31

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 38%
Company is almost debt free.

Cons

Stock is trading at 5.4 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.