Tanfac Industries Reports Strong Financial Growth Amidst High Valuation Concerns
Tanfac Industries has recently experienced a change in evaluation following strong Q3 FY24-25 financial results, including a 32.35% increase in operating profit and a 245.24% rise in net profit. The company shows financial stability with a low debt-to-equity ratio and significant cash reserves, despite trading at a premium compared to peers.
Tanfac Industries, a small-cap player in the chemicals sector, has recently undergone an adjustment in evaluation, reflecting the company's financial landscape. The latest quarter, Q3 FY24-25, showcased very positive financial performance, highlighted by a significant annual growth rate of 32.35% in operating profit. The net profit surged impressively by 245.24%, contributing to the company's strong results reported in December 2024.The company maintains a low debt-to-equity ratio, which is indicative of its financial stability. Cash and cash equivalents reached a notable Rs 18.30 crore, while net sales peaked at Rs 178.18 crore, and PBDIT hit Rs 50.31 crore, marking the highest figures for these metrics in the quarter.
Despite the positive indicators, Tanfac Industries is trading at a premium compared to its peers, with a price-to-book value of 11.6. The return on equity stands at 29.9, suggesting a high valuation. Interestingly, domestic mutual funds hold only a minimal stake of 0.12%, which may reflect cautious sentiment regarding the stock's current pricing or business outlook.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
