Warren Tea Ltd

Warren Tea Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Warren Tea Ltd

₹ 43.9 1.39%
19 Apr 12:19 p.m.
warrentea.com BSE: 508494
About

Incorporated in 1977, Warren Tea Ltd is in the business of plantation, processing and sale of
Tea[1]

Key Points

Business Overview:[1][2]
Company is a producer and exporters of quality CTC and orthodox teas. It produces black tea of crush, tear and curl (CTC) variety, which it sells mainly in the domestic market through a mix of auction and private sales. Company has 4 tea gardens in the Upper Assam region, in Dibrugarh and Tinsukia districts. Warren Tea also offers its international clientele, packaged teas in attractive packets, caddies and tea
bags

Website BSE
  • Market Cap ₹ 52.5 Cr.
  • Current Price ₹ 43.9
  • High / Low ₹ 59.4 / 35.7
  • Stock P/E
  • Book Value ₹ 76.7
  • Dividend Yield 0.00 %
  • ROCE -20.1 %
  • ROE -23.0 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.54 times its book value
  • Debtor days have improved from 44.8 to 32.5 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -13.5% over past five years.
  • Company has a low return on equity of -3.05% over last 3 years.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 7.79 days to 60.4 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Plantation & Plantation Products Industry: Tea

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
27.22 11.13 17.18 41.47 25.28 5.81 17.87 24.21 14.37 1.17 0.00 0.00 0.00
39.97 12.47 17.65 34.78 29.54 11.75 15.92 19.79 27.30 20.14 0.91 0.77 0.74
Operating Profit -12.75 -1.34 -0.47 6.69 -4.26 -5.94 1.95 4.42 -12.93 -18.97 -0.91 -0.77 -0.74
OPM % -46.84% -12.04% -2.74% 16.13% -16.85% -102.24% 10.91% 18.26% -89.98% -1,621.37%
11.73 9.97 1.53 -1.19 -0.06 13.58 0.04 0.46 -0.17 51.29 0.46 2.10 0.72
Interest 0.99 0.85 0.50 0.63 0.69 0.71 0.57 0.71 0.46 0.17 0.00 0.08 0.04
Depreciation 0.84 0.28 0.48 0.51 0.51 0.49 0.37 0.44 0.60 0.14 0.09 0.16 0.03
Profit before tax -2.85 7.50 0.08 4.36 -5.52 6.44 1.05 3.73 -14.16 32.01 -0.54 1.09 -0.09
Tax % 0.00% -161.60% 0.00% 0.00% 0.00% -27.02% 0.00% 0.00% 0.00% 86.19% 0.00% 0.00% 0.00%
-3.16 19.22 -0.47 4.05 -4.89 7.77 1.03 3.78 -13.08 4.64 -0.52 0.85 0.10
EPS in Rs -2.63 16.02 -0.39 3.38 -4.08 6.48 0.86 3.15 -10.90 3.87 -0.43 0.71 0.08
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
138.05 109.71 118.99 118.50 122.91 105.93 89.74 57.62 1.17
132.56 129.32 123.76 135.77 148.27 100.51 93.72 83.15 22.56
Operating Profit 5.49 -19.61 -4.77 -17.27 -25.36 5.42 -3.98 -25.53 -21.39
OPM % 3.98% -17.87% -4.01% -14.57% -20.63% 5.12% -4.44% -44.31% -1,828.21%
4.73 1.85 1.38 1.01 1.74 22.26 13.86 51.63 54.57
Interest 0.76 2.32 3.75 4.04 5.33 4.89 2.53 1.91 0.29
Depreciation 3.32 3.62 3.64 3.47 2.73 2.48 1.99 1.55 0.42
Profit before tax 6.14 -23.70 -10.78 -23.77 -31.68 20.31 5.36 22.64 32.47
Tax % 25.41% 31.31% 26.81% 33.02% 23.71% -59.68% -32.46% 121.91%
3.80 -10.72 -8.38 -15.77 -24.40 30.50 6.46 -3.63 5.07
EPS in Rs 3.17 -8.93 -6.98 -13.14 -20.33 25.42 5.38 -3.02 4.23
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -14%
3 Years: -22%
TTM: -98%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 2%
TTM: -401%
Stock Price CAGR
10 Years: -13%
5 Years: -7%
3 Years: -1%
1 Year: -19%
Return on Equity
10 Years: %
5 Years: -10%
3 Years: -3%
Last Year: -23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11.95 11.95 11.95 11.95 11.95 11.95 11.95 11.95 11.95
Reserves 112.24 96.76 92.22 80.20 59.72 92.17 98.19 79.75 80.09
10.31 25.71 33.35 39.50 51.07 18.02 21.60 1.73 1.68
52.55 56.89 49.41 66.59 73.40 55.64 32.67 31.46 12.34
Total Liabilities 187.05 191.31 186.93 198.24 196.14 177.78 164.41 124.89 106.06
66.33 68.91 69.34 70.90 76.14 51.20 40.33 4.87 5.81
CWIP 1.17 12.47 15.17 17.28 17.03 4.04 16.46 0.00 0.00
Investments 36.50 41.67 41.62 41.78 41.55 39.63 39.40 47.17 55.10
83.05 68.26 60.80 68.28 61.42 82.91 68.22 72.85 45.15
Total Assets 187.05 191.31 186.93 198.24 196.14 177.78 164.41 124.89 106.06

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2.64 -17.49 2.70 6.86 -0.59 -12.22 -5.15 -51.55
-3.23 -9.75 -6.63 -9.00 -5.99 51.48 7.17 89.95
6.95 13.14 3.92 2.10 6.55 -37.42 -2.82 -22.02
Net Cash Flow 6.36 -14.10 -0.02 -0.03 -0.03 1.84 -0.81 16.38

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 96.80 153.24 121.29 89.02 53.63 51.51 50.35 32.50
Inventory Days 217.88 0.00
Days Payable 497.30
Cash Conversion Cycle 96.80 153.24 121.29 89.02 53.63 51.51 -229.06 32.50
Working Capital Days 47.19 45.78 24.91 -24.76 -65.84 -24.19 -12.81 60.37
ROCE % -16.06% -5.18% -14.66% -20.72% 4.05% 4.21% -20.07%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.72% 73.72% 73.72% 73.72% 73.72% 73.72% 73.72% 73.72% 73.72% 73.72% 73.72% 73.72%
26.28% 26.28% 26.28% 26.28% 26.28% 26.28% 26.28% 26.28% 26.28% 26.27% 26.28% 26.28%
No. of Shareholders 10,31110,6371,30,59710,50310,48110,37610,42410,37310,31910,17810,24210,460

Documents

Announcements

Annual reports

Credit ratings