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 ₹ 234 Cr.
- Current Price ₹ 3,766
- High / Low ₹ 4,245 / 3,103
- Stock P/E 11.2
- Book Value ₹ 4,266
- Dividend Yield 0.80 %
- ROCE 12.4 %
- ROE 11.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.90 times its book value
- Market value of investments Rs.486 Cr. is more than the Market Cap Rs.240 Cr.
Cons
- The company has delivered a poor sales growth of -3.45% over past five years.
- Tax rate seems low
- Company has a low return on equity of 13.5% over last 3 years.
- Earnings include an other income of Rs.40.1 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 10 | 12 | 30 | 33 | 29 | 30 | 37 | 26 | 29 | 30 | 25 | 26 | |
9 | 10 | 12 | 28 | 32 | 30 | 29 | 34 | 27 | 29 | 30 | 28 | 30 | |
Operating Profit | 1 | 0 | -1 | 2 | 0 | -1 | 1 | 2 | -1 | 1 | -1 | -4 | -4 |
OPM % | 7% | 2% | -7% | 7% | 1% | -3% | 2% | 6% | -5% | 3% | -3% | -14% | -17% |
1 | 3 | 4 | 1 | 2 | 14 | 13 | 13 | 19 | 25 | 35 | 34 | 40 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 1 | 3 | 2 | 2 | 1 | 12 | 13 | 14 | 17 | 25 | 34 | 29 | 35 |
Tax % | 6% | 5% | 6% | 37% | 57% | 3% | 6% | 1% | -1% | 7% | 4% | 4% | |
1 | 2 | 2 | 12 | 9 | 12 | 12 | 14 | 17 | 24 | 33 | 28 | 34 | |
EPS in Rs | 16.10 | 39.05 | 36.18 | 189.19 | 142.49 | 185.53 | 192.22 | 221.39 | 273.19 | 377.75 | 522.75 | 452.02 | 540.11 |
Dividend Payout % | 4% | 4% | 5% | 21% | 28% | 11% | 10% | 14% | 7% | 8% | 6% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | -1% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 18% |
TTM: | -33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 33% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 14% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | 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 | 14 | 16 | 17 | 103 | 109 | 135 | 143 | 155 | 167 | 189 | 218 | 245 | 265 |
2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
2 | 2 | 3 | 7 | 5 | 5 | 6 | 6 | 6 | 8 | 11 | 8 | 8 | |
Total Liabilities | 18 | 20 | 21 | 111 | 115 | 141 | 150 | 162 | 174 | 198 | 230 | 254 | 274 |
3 | 3 | 3 | 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 | 8 | 11 | 14 | 94 | 97 | 122 | 126 | 141 | 150 | 184 | 213 | 241 | 260 |
6 | 7 | 5 | 11 | 11 | 8 | 13 | 11 | 14 | 8 | 12 | 9 | 10 | |
Total Assets | 18 | 20 | 21 | 111 | 115 | 141 | 150 | 162 | 174 | 198 | 230 | 254 | 274 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3 | 1 | 3 | 11 | 9 | 1 | -3 | 2 | -3 | 5 | -4 | -2 | |
2 | -1 | -2 | -6 | -3 | -1 | 6 | -1 | 8 | -5 | 7 | 4 | |
-1 | -1 | -2 | -5 | -5 | -0 | -2 | -2 | -2 | -2 | -3 | -1 | |
Net Cash Flow | -1 | -1 | 0 | 0 | 0 | -0 | 1 | -1 | 3 | -3 | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 23 | 57 | 39 | 37 | 15 | 33 | 18 | 13 | 12 | 22 | 11 |
Inventory Days | 355 | 223 | 212 | 136 | 108 | 228 | 193 | 484 | 175 | 387 | 255 | |
Days Payable | 296 | 230 | 170 | 130 | 69 | 87 | 56 | 53 | 74 | 107 | 73 | |
Cash Conversion Cycle | 82 | 23 | 50 | 81 | 44 | 54 | 174 | 155 | 444 | 113 | 302 | 193 |
Working Capital Days | 133 | 152 | 47 | 31 | 40 | 2 | 22 | 10 | 37 | -27 | -2 | -29 |
ROCE % | 8% | 5% | 1% | 9% | 9% | 9% | 10% | 14% | 17% | 12% |
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 23 Apr
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 22 Apr
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 22 Apr
- 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