Tainwala Chemicals & Plastics (India) Ltd (TAINWALCHM) AI Stock Analysis

Tainwala Chemicals & Plastics (India) Ltd

(NSE:TAINWALCHM)

Select Model

Rating:62Neutral

Price Target:INR 211.00▲(9.53% Upside)

Action:downgraded

Date:10/14/26

The score is primarily supported by the company’s strong, debt-free balance sheet and improving earnings and cash generation. However, weak technical momentum, historical financial volatility, and only moderate valuation support limit the overall score.

Positive Factors

Debt-Free Balance SheetA consistently debt-free balance sheet reduces solvency and refinancing risk, while expanding equity provides a stronger capital base for operations. This financial conservatism should help the company withstand demand volatility and preserve flexibility for future investment.

Negative Factors

Volatile Core ProfitabilityRepeatedly weak or negative EBIT indicates that reported profitability has not been consistently supported by core operations. This raises concerns about the durability of earnings, limits confidence in margin sustainability, and could weaken results if non-operating support fades.

Tainwala Chemicals & Plastics (India) Ltd (TAINWALCHM) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 1.82B
Dividend Yield: 1.53%
Average Volume (3M): 379
Price to Earnings (P/E): 22.9
Beta (1Y): 0.66
Revenue Growth: 11.94%
EPS Growth: 15.20%
Country: India
Employees: 19
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

Tainwala Chemicals & Plastics (India) Ltd Business Overview & Revenue Model

Company Description

Tainwala Chemicals and Plastics (India) Limited, an Indian enterprise, specializes in the production and distribution of extruded plastic sheeting. The company's operations are divided into two main segments: the manufacturing of Plastic Sheets and p...

How the Company Makes Money

The company primarily makes money by manufacturing plastic products and selling them to customers (B2B), generating revenue from the sale of finished plastic components (e.g., caps/closures and other moulded plastic items). Its revenue model is large...

Tainwala Chemicals & Plastics (India) Ltd Financial Statement Overview

Summary

Financial performance is supported by a debt-free balance sheet, growing equity, positive earnings, and improved cash generation. Historical earnings and cash-flow volatility, along with modest returns on equity, limit the score.

Income Statement

66Positive

Balance Sheet

78Positive

Cash Flow

73Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	177.75M	178.33M	164.17M	180.30M	128.34M	77.20M
Gross Profit	32.46M	32.02M	19.84M	4.07M	-11.85M	17.89M
EBITDA	79.86M	4.52M	66.79M	59.69M	43.42M	11.01M
Net Income	79.98M	107.85M	49.20M	48.15M	32.81M	3.69M
Balance Sheet
Total Assets	0	1.88B	1.67B	1.23B	994.45M	915.74M
Cash, Cash Equivalents and Short-Term Investments	9.10M	9.10M	16.77M	2.90M	8.50M	5.02M
Total Debt	0	0	0	0	0	0
Total Liabilities	-1.72B	153.24M	135.31M	56.55M	7.25M	13.01M
Stockholders Equity	1.72B	1.72B	1.54B	1.18B	987.20M	902.48M
Cash Flow
Free Cash Flow	-48.30M	106.13M	94.11M	119.62M	-66.29M	-27.26M
Operating Cash Flow	-48.30M	106.14M	94.14M	119.62M	-55.44M	-21.25M
Investing Cash Flow	67.03M	-85.71M	-83.03M	-9.36M	54.51M	23.60M
Financing Cash Flow	-28.09M	-28.09M	-141.00K	-113.00K	-103.00K	-3.54M

Tainwala Chemicals & Plastics (India) Ltd Technical Analysis

Technical Analysis SentimentNegative

Last Price192.65

Price Trends

50DMA206.50Negative

100DMA204.64Negative

200DMA195.84Negative

Market Momentum

MACD-3.48Positive

RSI42.84Neutral

STOCH25.90Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TAINWALCHM, the sentiment is Negative. The current price of 192.65 is below the 20-day moving average (MA) of 198.03, below the 50-day MA of 206.50, and below the 200-day MA of 195.84, indicating a bearish trend. The MACD of -3.48 indicates Positive momentum. The RSI at 42.84 is Neutral, neither overbought nor oversold. The STOCH value of 25.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TAINWALCHM.

Tainwala Chemicals & Plastics (India) Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:TAINWALCHM against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:TAINWALCHM	62Neutral	INR 1.80B	22.93	―	1.53%	11.94%	15.20%
IN:DYNPRO	61Neutral	INR 2.84B	14.01	―	0.66%	9.37%	25.43%
IN:PODDARMENT	60Neutral	INR 2.79B	18.11	―	1.53%	3.55%	-21.35%
IN:SHIVALIK	60Neutral	INR 4.80B	34.55	―	0.17%	14.88%	-9.46%
IN:ASAHISONG	59Neutral	INR 4.36B	12.53	―	0.41%	-0.60%	96.35%
IN:PLASTIBLEN	58Neutral	INR 4.15B	9.00	―	1.88%	9.17%	40.71%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:TAINWALCHM and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:TAINWALCHM	Tainwala Chemicals & Plastics (India) Ltd	192.65	-4.37	-2.22%
IN:ASAHISONG	Asahi Songwon Colors Ltd.	370.00	86.70	30.60%
IN:DYNPRO	Dynemic Products Limited	228.70	-72.38	-24.04%
IN:PLASTIBLEN	Plastiblends India Limited	159.80	-16.75	-9.49%
IN:PODDARMENT	Poddar Pigments Limited	262.80	-8.53	-3.14%
IN:SHIVALIK	Shivalik Rasayan Ltd	299.50	-162.72	-35.20%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 14, 2026

Tainwala Chemicals & Plastics (India) Ltd AI Stock Analysis