The Tinplate Company of India Limited: Business Overview, Financials & Competitive Analysis
The Tinplate Company of India Limited scores 5/10 on the AskCyborg Cyborg Score (Mixed). Tata Steel-backed tinplate manufacturer with strong balance sheet but challenged by cyclical commodities exposure and weak pricing power. The company has a negligible debt-to-equity ratio of 0.01, indicating low financial risk for equity shareholders. However, the company's sustainable return on equity is lower than expected cost.
What is The Tinplate Company of India Limited's industry? The Tinplate Company of India Limited (tatatinplate.com) operates in Metal & Mining - Specialty Steel (Tinplate & Tin-Free Steel Sheets). AskCyborg classifies The Tinplate Company of India Limited under Metal & Mining - Specialty Steel (Tinplate & Tin-Free Steel Sheets) in its company registry.
The Tinplate Company of India Limited is an India-based producer of tin coated and tin free steel sheets, engaged in manufacturing electrolytic tinplate. The company is the first domestic tinplate manufacturer of Indi...
Cyborg Score thesis
Tata Steel-backed tinplate manufacturer with strong balance sheet but challenged by cyclical commodities exposure and weak...
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Get Current Report FreeThe Tinplate Company of India Limited Overview
Pro stress-test →The Tinplate Company of India Limited is an India-based producer of tin coated and tin free steel sheets, engaged in manufacturing electrolytic tinplate. The company is the first domestic tinplate manufacturer of India and operates as a subsidiary of Tata Steel Limited.
Strategic Profile
Pro stress-test →The company's product portfolio includes electrolytic tinplate (ETP), Tin Free Steel (TFS)/Electro-Chromium-Coated-Steel (ECCS), and Lacquered/Coated Electrolytic Tinplate Sheets. Tinplate products are used for packaging edible oil, paints & chemicals, processed foods, batteries, etc. The company operates an asset-light business with a high asset turnover ratio of 5.90.
Competitive Landscape
Pro stress-test →TCIL is a specialized producer of tin-coated and tin-free steel sheets in India with the first-mover advantage as the domestic tinplate manufacturer. The company faces competition from integrated steel producers and imports, operating in a commodity-driven market with limited pricing power and cyclical demand patterns tied to packaging and industrial production cycles.
Industry Context
The Tinplate Company of India Limited operates in Metal & Mining - Specialty Steel (Tinplate & Tin-Free Steel Sheets).
Key facts
Founded: 1920 · Headquarters: Kolkata, India · Employees: Not available in search results · Revenue: Not available in search results · Market cap: ₹4,506 Cr (~$540M)