Tide Water Oil Co (I) Ltd
TIDE

Tide Water Oil Co (I) Ltd (TIDEWATER)

₹10632.47%

Key Stats

₹1037
Day's Price Range
₹1075
₹1001.3
52-Week Price Range
₹3688.74
1 Month Return-10.21 %
3 Month Return-18.44 %
1 Year Return-28.18 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 51
23.77
EPS
Rank 21
₹43.62
BVPS
Rank 7
₹433.27
Dividend Yield
Rank 3
6.77%
ROE
Rank 57
17.05%
Price To Book Ratio
Rank 40
2.39
Debt To Asset
Rank 73
0.29

Company Information

Tide Water Oil Co. I Ltd is a part of the multi divisional Andrew Yule group that has diverse interests in Engineering Electrical Tea Cultivation Power Generation Digital Communication Systems and Lubricants. The company manufactures and sells engine lubricants for the automotive and industrial applications in India. The companys plants are set up in Howrah Royapuram Turbhe Silvassa and Faridabad.The company offers various automotive oils such as diesel engine premium diesel engine PMCO and two wheeler dedicated engine gear and transmission and agri engine oils as well as coolant and brake fluid and industrial oils comprising general purpose machinery spindle turbine hydraulic and circulation heavy duty hydraulic steam cylinder industrial gear cutting non drip and mill roll oils.The companys products marketed under the VEEDOL brand name are well established and acknowledged in the industry for their quality and variety. The products manufactured under the technical collaboration agreement with Nippon Oil Corporation formerly Mitsubishi Oil Co Ltd and marketed under the ENEOS brand name have carved out a niche for themselves in select markets.Tide Water Oil Co. I Ltd was incorporated in the year 1922. During the year 198788 the company entered into a technical collaboration with Cofran Promotion Switzerland to manufacture synthetic semisynthetic and speciality lubricants. During the year 199394 the company launched the premium range of Mitsubishi engine oils from Nippon Mitsubishi Oil Company Japan formerly Mitsubishi Oil Company. The two companies have entered into a technology transfer tieup to manufacture and market Mitsubishi products in India.During 199697 the company expanded their installed capacity of Oils including Synthetic Lubricating Oils to 84198145 ltrs. They also completed the modernisation programme in their grease blending plant at Howrah.During the year 199798 the company completed the 8000 KL per annum modern lube blending plant at Faridabad. The plant at Silvassa was accredited with ISO 9002 during the year 199899. During the year 200304 the technical collaboration agreement with Nippon Oil Corporation formerly Mitsubishi Oil Company Ltd was renewed with effect from October 28 2003 for a further period of three years. In May 2004 the ENEOS range of products manufactured under the collaboration agreement were launched. During the year 200405 the Ramkristopur plant of the company received accreditation of ISO 9001:2000 quality standards. During the year 200708 the operations at Deonar plant were shifted to the new plant in Turbhe Navi Mumbai.The company is in the process of setting up a modern lube blending plant at Oragadam near Chennai.
OrganisationTide Water Oil Co (I) Ltd
HeadquartersKolkata
IndustryChemicals