Tide Water Oil Co (I) Ltd

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NSEBSE

1706.95-33.25 (-1.91%)

12:00 AM,23rd Feb 2024

1706.85-30.95 (-1.78%)

12:00 AM,23rd Feb 2024

BSE : 590005

NSE : TIDEWATER

Sector : Industrials

ISIN Code : INE484C01030

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Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

2970

Turnover (₹ Cr)

0.61

Volume (Shares)

35945

Face Value

2

52-WK High

1834.75

52-WK High Date

02 Feb 2024

52-WK Low

805.15

52-WK Low Date

31 Mar 2023

All Time High

3688.74

All Time High Date

13 Jul 2021

All Time Low

77.00

All Time Low Date

15 Mar 2007

Tide Water Oil Co (I) Ltd

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. The company manufactures and sells engine lubricants for the automotive and industrial applications in India. The company's plants are set up in Howrah Royapuram Turbhe Silvassa and Faridabad.The company offers various automotive oils such as diesel engine premium diesel engine PMCO and two wheeler dedicated engine gear and transmission and agri engine oils as well as coolant and brake fluid; and industrial oils comprising general purpose machinery spindle turbine hydraulic and circulation heavy duty hydraulic steam cylinder industrial gear cutting non drip and mill roll oils.The company's products marketed under the VEEDOL brand name are well established and acknowledged in the industry for their quality and variety. The products manufactured under the technical collaboration agreement with Nippon Oil Corporation (formerly Mitsubishi Oil Co Ltd) and marketed under the ENEOS brand name have carved out a niche for themselves in select markets.Tide Water Oil Co. (I) Ltd was incorporated in the year 1922. During the year 1987-88 the company entered into a technical collaboration with Cofran Promotion Switzerland to manufacture synthetic semi-synthetic and speciality lubricants. During the year 1993-94 the company launched the premium range of Mitsubishi engine oils from Nippon Mitsubishi Oil Company Japan (formerly Mitsubishi Oil Company). The two companies have entered into a technology transfer tie-up to manufacture and market Mitsubishi products in India.During 1996-97 the company expanded their installed capacity of Oils (including Synthetic Lubricating Oils) to 84198145 ltrs. They also completed the modernisation programme in their grease blending plant at Howrah.During the year 1997-98 the company completed the 8000 KL per annum modern lube blending plant at Faridabad. The plant at Silvassa was accredited with ISO 9002 during the year 1998-99. During the year 2003-04 the technical collaboration agreement with Nippon Oil Corporation (formerly Mitsubishi Oil Company Ltd) was renewed with effect from October 28 2003 for a further period of three years. In May 2004 the ENEOS range of products manufactured under the collaboration agreement were launched. During the year 2004-05 the Ramkristopur plant of the company received accreditation of ISO 9001:2000 quality standards. During the year 2007-08 the operations at Deonar plant were shifted to the new plant in Turbhe Navi Mumbai. The company is in the process of setting up a modern lube blending plant at Oragadam near Chennai.During the year 2009-10 the Company acquired two windmills with a total capacity of 3 MW for generation of renewable energy at Tamil Nadu. The Company acquired 100% shares of Veedol International Limited from Castrol Limited and Lubricants UK Limited wholly owned subsidiaries of BP Plc and resultant on acquisition of shares become a subsidiary of the Company with effect from October 2011. The Company established two wholly owned subsidiaries viz. Veedol International DMCC Dubai and Veedol International BV Netherlands to cater to the Middle East Asian Region and Europe during year 2014-15. Veedol Deutschland GmbH was incorporated as a 100% subsidiary of Veedol International BV to relaunch the brand in Germany Austria and Switzerland. Further during 2014-15 Veedol International Americas Inc. was floated as a wholly owned subsidiary of Veedol International Limited UK.During 2016-17 Company had acquired 100% shares of Veedol UK Limited (VUK) (formerly Price Thomas Holdings Limited) having a wholly owned subsidiary viz. Granville Oil & Chemicals Limited which has its own manufacturing facility and presently engaged in manufacturing and selling of lubricants and automotive after care products throughout United Kingdom (UK). During 2017-18 the Company purchased entire share capital of VDG from VIBV and thus VDG became a direct wholly owned subsidiary of Company.

Tide Water Oil Co (I) Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2970

EPS - TTM (₹) [S]

55.26

P/E Ratio (X) [S]

4.21

Face Value (₹) 2
Latest Dividend (%)600.00
Latest Dividend Date 22 Feb 2024
Dividend Yield (%) 2.40
Book Value Share (₹) [S]405.09
P/B Ratio (₹) [S]4.21
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Groww Nifty Total Market Index Fund-Regular (G) 0.01 43 0.01
Groww Nifty Total Market Index Fund-Direct (G) 0.01 43 0.01

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

1697.00

1754.95

Week Low/High

1615.00

1799.00

Month Low/High

1360.00

1835.00

Year Low/High

805.15

1835.00

All time Low/High

42.75

3689.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.44%0.40%1.290.78%
1 Month24.59%24.64%4.244.59%
3 Month35.75%35.89%11.1212.17%
6 Month46.46%46.79%12.1114.24%
1 Year82.79%83.08%23.0726.85%
3 Year96.40%96.63%47.4551.03%

Company Info

Company Information

Company Sec. & Compli. Officer : S Ganguli

Non Executive Director : Subir Das

Non Executive Director : Vinod S Vyas

Non Executive Director : D S Chandavarkar

Independent Director : Partha Sarathi Bhattacharyya

Independent Director : PRAKASH YASHWANT GURAV

Independent Director : Praveen P Kadle

Chairman (Non-Executive) : Sanjoy Bhattacharya

Non Executive Director : Vijay Mittal

Independent Director : B. S. Sihag

Managing Director : Arijit Basu

Non Executive Director : ANANTA MOHAN SINGH

Registered Office: Yule House, 8 Dr Rajendra Prasad Sarani,Kolkata,West Bengal-700001 Ph: 91-033-22421086

Email:tidecal@tidewaterindia.co.in

URL:http://www.tidewaterindia.com