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Tinplate Co.

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NSEBSE

44.200.00 (0.00%)

28th Feb 2014

48.50000.00 (0.00%)

2nd Jul 2007

BSE : 504966

NSE : TINPLATE

Sector :

ISIN Code :

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Jul 02 2007 | 12:00 AM IST

Market Cap (₹ Cr)

NaN

Turnover (₹ Cr)

NaN

Volume (Shares)

31855

52-WK High

461.90

52-WK High Date

15 Apr 2024

52-WK Low

43.25

52-WK Low Date

15 Apr 2024

All Time High

All Time High Date

15 Apr 2024

All Time Low

All Time Low Date

15 Apr 2024

Tinplate Co.

Incorporated in Jan.'20 as a private limited company Tinplate Company of India (TCIL) became a public limited company in Dec.'68. TCIL's existing plant was established in 1922 and employed the technology available at that time. Production commenced in Dec.'22.The Company is in the business of providing tinplate packaging solutions for processed edibles and other end use applications like paints pesticides battery aerosols etc wherein Tinplate as a packaging medium is ideally positioned because of its unique properties like high shelf life tamper proof resistance to ultra-violet rays bar rier properties stackability eco-friendliness and product durability. The Company has state-of-the-art 379000 MTPA manufacturing facility at Jamshedpur Jharkhand.In 1973 it was decided to establish a new electrolytic tinning-cum-tin free steel combination coating line on the surplus land at the existing plant to produce tinplate and tin-free steel (chromium-coated plates). It was decided to use the Ferrostan process to manufacture tinplate using phenol sulphonic acid electrolyte system and the TFS-III process to manufacture tin-free steel using chromic acid as electrolyte.During 1999-2000 with the help of specialists from Tata Steel a major productivity programme called Total Operational Performance (TOP) was taken the benefits of which will be evident in future years. In 200-2001 the company received the First Prize for achieving excellence in productivity and Certificate for safetyfrom Confederation of Indian IndustryEastern Region for the year.A suitable initiative for ensuring an effective enforcement of statutory regulations in regard to import of Seconds and Waste will be taken by the company in the near future.The company has upgraded one of its facilities-One additional Annealing base at CRM at a cost of Rs.9 crores. The project was executed as per schedule and was financed by way of internal generations. It has also signed a Technical agreement with Japanese Steel majorNippon Steel Corporation for support. The company has a similar arrangement with French Steel major Usinor.It is planning to increase the capacity in another 2 years to 1.45 lakh tonnes. The estimated outlay of the expansion would be Rs.36 crore.During December '03 the old Hallden Shear and the Leveller of the Electrolytic Tinning Line had been replaced by a NSC designed Digital Drive Shear (DDS) and Leveller. Due to addition of DDS the name plate capacity of ETP was enhanced to 97000 MT per annum. Two more annealing bases were added to enhance the capacity of Annealing. For the purpose of streamlining and integrating business processes and information flows across the company an Enterprise Resource Planning (ERP) software was implemented in the Manufacturing Sales Purchase and Finance functions with effect from October 2003.At the Cold Rolling Mill complex two more annealing bases were commissioned to meet the increased demand of Tin Mill Black Plate (TMBP) feedstock for the increasing requirements of the Electrolytic Tinplate Plant during 2004-05. Modifications of the electrical control systems and mechanical drive systems of the Degreasing Line to increase line speeds by 20%. In the Coil Preparation Line modifications of electrical drives and controls mechanical configuration coiler un-coiler etc have been done to cope with the increased volume of TMBP coil production. At the Electrolytic Tinplate Plant-replacement of low speed classifier with a High Speed Classifier. Solution Center was commissioned in December 2005. At 6 Hi reversing mill certain critical spares necessary to improve mill availability were made available to increase productivity to meet increased demand of cold rolled coil consequent to the capacity enhancement in downstream units. A new Roll Grinder was installed to take care of the increased roll requirement of the 6 Hi Rolling mill & 4 Hi Temper mill to cope with the higher production levels during year 2006. The Company built & commissioned a state of the art Solution Centre to initially provide world-class Lacquered and Printed tinplate sheets of the Food Packaging Industry. Low speed process line motors were replaced with maintenance free high speed motors to increase the line speed from 247 mpm to 300 mpm. The no. of plating tanks were increased from 7 to 9 and accordingly the re-flow system was upgraded to match the enhanced line speed. The structures in the pre-plating and plating sections of ETP line were completely changed to give a fresh lease of life to the 26 year old ETP line.The Company increased its existing tinning line capacity to 180000 MT per annum during the year 2008. It commissioned Second Electrolytic Tinning Line having 200000 tons per annum capacity in Jamshedpur during October 2008.On 1st April 2011 the 3% Fully Convertible Debentures issued on Rights basis to Shareholders were compulsorily converted into Equity Shares dated 3 September 2009. Consequent to conversion the shareholding of Tata Steel Limited increased to 59.45% of the Paid Up Equity Share Capital of the Company and the Company became a subsidiary of Tata Steel Limited effective from 1st April 2011. The Second Cold Rolling Mill project was commissioned in FY 2011-12. The Company enhanced capacity of the cold rolling mill complex to 380000 TPA in 2011.

Tinplate Co. - Key Fundamentals

PARAMETER VALUES
[*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) 0.01 131 0.01
Groww Nifty Total Market Index Fund-Direct (G) 0.01 131 0.01

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Year Low/High

308.05

461.00

All time Low/High

3.19

461.00

Share Price Returns

Period BSENSE SENSEXNIFTY
%%%

Company Info

Company Information

Chairman : Koushik Chatterjee

Independent Director : Sougata Ray

Director : Atrayee Sanyal

Company Sec. & Compli. Officer : Kaushik Seal

Independent Director : Shashi Kant Maudgal

Independent Director : RUPALI BASU

Managing Director : R N Murthy

Additional Director : Krishnava Dutt

Additional Director : PRABHAT KUMAR