Tide Water Oil Co. (India) Limited Share Price and Company Fundamentals



Price
₹1058.4
Change
-19.350 (-1.795%)
52 week
975.05 - 1695.3

Last traded: Yesterday at 9:59 AM

Tide Water Oil Co. (India) Limited manufactures and markets lubricants under the Veedol brand in India and internationally. The company provides engine oils for passenger cars, two/three wheelers, heavy commercial vehicles, off-highway vehicles, buses, and tractors; gear oils, transmission oils, coolants, brake oils, and greases for various automotive applications; and automotive after care products. It also offers specialties, including vehicle sanitization and care products; and a wide range of industrial lubricants comprising machinery, spindle, turbine, hydraulic and circulation, heavy-duty hydraulic, compressor, refrigeration, steam cylinder, industrial gear, non-drip, mill roll, and other oils, as well as metal working and thermic fluids; and cardium compounds. In addition, the company generates wind power. Its distribution network consists of approximately 500 direct distributors and dealers servicing 50,000 retail outlets and workshops. Tide Water Oil Co. (India) Limited was incorporated in 1921 and is based in Kolkata, India.

Key Metrics

PE ratio

13.82

PB ratio

2.35

Dividend yield

4.82%

Beta

0.54

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Specialty Chemicals / Basic Materials
Full time employees 509
Website https://www.veedolindia.com
Mailing address Yule House 8, Dr. Rajendra Prasad Sarani Kolkata 700001 India
Phone / Fax 91 33 7125 7700 / 91 33 2242 1087

Dividends

Dividend yield

4.82%

Dividend amount

₹52.00

Payout ratio

83.45%

5Y Avg. yield

3.73%

Tide Water Oil Co. (India) Limited paid ₹52.00 dividend and the ex-dividend date was 21 Nov 2022.The dividend payout ratio is 83.45%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TIDEWATER dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.

TIDEWATER's forward dividend amount is ₹72 and the forward dividend yield is 7.22%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Tide Water Oil Co. (India) Limited.

Name Title Age Total Pay
Mr. Rajendra Nath Ghosal M.Sc. Chief Exec., MD & Whole Time Director 66 10.05M
Mr. Supratik Basu Group Chief Financial Officer 7.6M
Mr. Saptarshi Ganguli Compliance Officer & Company Sec. 3.2M
Mr. S. K. Vaidya Exec. Director of BD & IB
G. Deb Moulik VP of ER & CC
S. Rudra Gen. Mang. of Sales & Marketing - ER
Naresh Sharma Gen. Mang. of NR
Sanjay Bharadwaj Gen. Mang. of Manufacturing
R. Venugopal Deputy Gen. Mang. of S&M - TN, AP & Telengana
D. Anandan Deputy Gen. Mang. of S&M - Kerala & Karnataka

Profitability and management effectiveness

Profit margin

7.01%

Operating margin

7.70%

Return on assets

8.22%

Return on equity

16.77%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Tide Water Oil Co. (India) Limited is and its enterprise value is .

The TIDEWATER's stocks Beta value is 0.54 making it 46% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Tide Water Oil Co. (India) Limited (NSE:TIDEWATER) Frequently Asked Questions

1. What is Tide Water Oil Co. (India) Limited's Stock Symbol?

Tide Water Oil Co. (India) Limited trades on NSE under the ticker symbol "TIDEWATER".

2. What is Tide Water Oil Co. (India) Limited's stock price today?

One share of TIDEWATER stock can currently be purchased for approximately ₹1058.4.

3. How can I contact Tide Water Oil Co. (India) Limited?

Tide Water Oil Co. (India) Limited's mailing address is Yule House 8, Dr. Rajendra Prasad Sarani Kolkata 700001 India. The company can be reached via phone at 91 33 7125 7700.

4. What is Tide Water Oil Co. (India) Limited's official website?

The official website of Tide Water Oil Co. (India) Limited is https://www.veedolindia.com.