Neelamalai Agro Industries Ltd
Incorporated in 1943, Neelamalai Agro Industries Ltd is in the business of cultivating, manufacturing, and selling of Tea[1]
- Market Cap ₹ 235 Cr.
- Current Price ₹ 3,778
- High / Low ₹ 4,245 / 3,103
- Stock P/E 56.2
- Book Value ₹ 1,117
- Dividend Yield 0.79 %
- ROCE 8.86 %
- ROE 6.86 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 37.9%
Cons
- Stock is trading at 3.38 times its book value
- The company has delivered a poor sales growth of -3.45% over past five years.
- Company has a low return on equity of 9.88% over last 3 years.
- Earnings include an other income of Rs.23.2 Cr.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 24 | 28 | 30 | 33 | 29 | 30 | 37 | 26 | 29 | 30 | 25 | 26 | |
19 | 23 | 27 | 28 | 32 | 30 | 29 | 34 | 27 | 29 | 30 | 28 | 30 | |
Operating Profit | 1 | 1 | 1 | 2 | 0 | -1 | 1 | 2 | -1 | 1 | -1 | -4 | -4 |
OPM % | 7% | 5% | 4% | 7% | 1% | -3% | 2% | 6% | -5% | 3% | -2% | -14% | -17% |
14 | 6 | 5 | 5 | 5 | 5 | 4 | 5 | 4 | 9 | 8 | 9 | 23 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 15 | 6 | 5 | 6 | 4 | 3 | 4 | 6 | 2 | 8 | 6 | 5 | 18 |
Tax % | 2% | 0% | 10% | 13% | 14% | 10% | 22% | 1% | -6% | 21% | 20% | 21% | |
14 | 6 | 5 | 5 | 3 | 3 | 3 | 5 | 2 | 7 | 5 | 4 | 17 | |
EPS in Rs | 227.45 | 102.17 | 75.87 | 84.95 | 54.99 | 43.35 | 44.63 | 86.55 | 34.27 | 106.57 | 77.80 | 63.33 | 268.94 |
Dividend Payout % | 49% | 39% | 53% | 47% | 73% | 46% | 45% | 35% | 59% | 28% | 38% | 47% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | -3% |
3 Years: | -1% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | 11% |
3 Years: | 24% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 33% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Reserves | 29 | 32 | 34 | 36 | 37 | 41 | 41 | 45 | 44 | 49 | 51 | 54 | 69 |
1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
6 | 5 | 8 | 7 | 5 | 5 | 6 | 6 | 6 | 8 | 11 | 8 | 8 | |
Total Liabilities | 36 | 39 | 43 | 44 | 43 | 47 | 48 | 52 | 51 | 58 | 62 | 62 | 78 |
6 | 6 | 7 | 7 | 7 | 10 | 9 | 10 | 8 | 6 | 3 | 4 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
Investments | 19 | 23 | 26 | 26 | 25 | 28 | 25 | 31 | 27 | 43 | 45 | 50 | 64 |
10 | 10 | 10 | 11 | 11 | 8 | 13 | 11 | 14 | 8 | 12 | 9 | 10 | |
Total Assets | 36 | 39 | 43 | 44 | 43 | 47 | 48 | 52 | 51 | 58 | 62 | 62 | 78 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 1 | 2 | 1 | 0 | 1 | -3 | 2 | -3 | 5 | -4 | -2 | |
8 | 1 | -1 | 4 | 5 | -1 | 6 | -1 | 8 | -5 | 7 | 4 | |
-9 | -2 | -2 | -5 | -5 | -0 | -2 | -2 | -2 | -2 | -3 | -1 | |
Net Cash Flow | -2 | 0 | -0 | 0 | 0 | -0 | 1 | -1 | 3 | -3 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 46 | 45 | 49 | 39 | 37 | 15 | 33 | 18 | 13 | 12 | 22 | 11 |
Inventory Days | 155 | 129 | 95 | 212 | 136 | 108 | 228 | 193 | 484 | 175 | 387 | 255 |
Days Payable | 7 | 11 | 16 | 170 | 130 | 69 | 87 | 56 | 53 | 74 | 107 | 73 |
Cash Conversion Cycle | 195 | 162 | 128 | 81 | 44 | 54 | 174 | 155 | 444 | 113 | 302 | 193 |
Working Capital Days | 70 | 51 | 12 | 31 | 40 | 2 | 22 | 10 | 37 | -27 | -2 | -29 |
ROCE % | 17% | 20% | 16% | 17% | 11% | 5% | 7% | 11% | 4% | 17% | 13% | 9% |
Documents
Announcements
- Compliance Certificate As per Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 From 1St April 2023 To 31St March 2024 2d
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 2d
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 2d
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 2d
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company is engaged in the Tea Plantation activity in its 2 tea estates viz. Katary & Sutton Estates, located in the Nilgiris District in Tamil Nadu, spanning an area of 635.56 Hectares. Currently, the company produces 100% Orthodox Tea. Its main business includes:
a) Tea cultivation
b) Tea Manufacturing
c) Sales and exports of Tea