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TIL Ltd

NSE: TIL BSE: 505196

194.95

(-1.28%)

Sun, 15 Mar 2026, 09:39 pm

TIL Analysis

dividend

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Pros

  • Dividends paid are thoroughly covered by earnings (10.2x coverage).
  • TIL's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Dividends per share have fallen over the past 10 years.
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • TIL's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • TIL is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TIL is profitable, therefore cash runway is not a concern.
  • TIL is profitable, therefore cash runway is not a concern.
  • Debt is covered by short term assets, assets are 2x debt.
  • TIL's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (191.5% vs 67.9% today).
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Cons

  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).
  • TIL's level of debt (67.9%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

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Pros

  • The tenure for the TIL board of directors is about average.
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Cons

    misc

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    Pros

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      Cons

      • TIL is not covered by any analysts.
      • TIL has significant price volatility in the past 3 months.

      past

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      Pros

      • TIL has delivered over 20% year on year earnings growth in the past 5 years.
      • TIL has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
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      Cons

      • TIL's 1-year earnings growth is negative, it can't be compared to the 5-year average.
      • TIL used its assets less efficiently than the IN Machinery industry average last year based on Return on Assets.
      • TIL has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
      • TIL's 1-year earnings growth is negative, it can't be compared to the IN Machinery industry average.

      value

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      Pros

      • TIL is good value based on assets compared to the IN Machinery industry average.
      • TIL is good value based on earnings compared to the IN Machinery industry average.
      • TIL is good value based on earnings compared to the India market.
      • NSEI:TIL is up 9.7% outperforming the Machinery industry which returned 8.3% over the past month.
      • NSEI:TIL is up 9.7% outperforming the market in India which returned 8% over the past month.
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      Cons

      • TIL's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
      • TIL's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
      • TIL underperformed the Machinery industry which returned -23.7% over the past year.
      • TIL underperformed the Market in India which returned -14.5% over the past year.

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