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 ₹ 282 Cr.
- Current Price ₹ 4,533
- High / Low ₹ 5,390 / 3,300
- Stock P/E 11.3
- Book Value ₹ 4,584
- Dividend Yield 1.10 %
- ROCE 8.92 %
- ROE 8.48 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.99 times its book value
- Market value of investments Rs.515 Cr. is more than the Market Cap Rs.282 Cr.
Cons
- The company has delivered a poor sales growth of -7.09% over past five years.
- Tax rate seems low
- Company has a low return on equity of 11.8% over last 3 years.
- Earnings include an other income of Rs.33.2 Cr.
- Dividend payout has been low at 6.76% of profits over last 3 years
* 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 2007 | Mar 2008 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 12 | 30 | 33 | 29 | 30 | 37 | 26 | 29 | 30 | 25 | 25 | 25 | |
10 | 12 | 28 | 32 | 30 | 29 | 34 | 27 | 29 | 30 | 28 | 29 | 29 | |
Operating Profit | 0 | -1 | 2 | 0 | -1 | 1 | 2 | -1 | 1 | -1 | -4 | -4 | -3 |
OPM % | 2% | -7% | 7% | 1% | -3% | 2% | 6% | -5% | 3% | -3% | -14% | -15% | -13% |
3 | 4 | 1 | 2 | 14 | 13 | 13 | 19 | 25 | 35 | 34 | 46 | 33 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 3 | 2 | 2 | 1 | 12 | 13 | 14 | 17 | 25 | 34 | 29 | 41 | 29 |
Tax % | 5% | 6% | 37% | 57% | 3% | 6% | 1% | -1% | 7% | 4% | 4% | 5% | |
2 | 2 | 12 | 9 | 12 | 12 | 14 | 17 | 24 | 33 | 28 | 39 | 28 | |
EPS in Rs | 39.05 | 36.18 | 189.19 | 142.49 | 185.53 | 192.22 | 221.39 | 273.19 | 377.75 | 522.75 | 452.02 | 627.39 | 447.84 |
Dividend Payout % | 4% | 5% | 21% | 28% | 11% | 10% | 14% | 7% | 8% | 6% | 7% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -7% |
3 Years: | -5% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | -1% |
TTM: | 47% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 29% |
3 Years: | 7% |
1 Year: | 30% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.63 | 0.62 | 0.62 | 0.62 | 0.62 | 0.62 |
Reserves | 16 | 17 | 103 | 109 | 135 | 143 | 155 | 167 | 189 | 218 | 245 | 276 | 285 |
1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
2 | 3 | 7 | 5 | 5 | 6 | 6 | 6 | 8 | 11 | 8 | 8 | 11 | |
Total Liabilities | 20 | 21 | 111 | 115 | 141 | 150 | 162 | 174 | 198 | 230 | 254 | 285 | 296 |
3 | 3 | 7 | 7 | 10 | 9 | 10 | 8 | 6 | 3 | 4 | 6 | 5 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
Investments | 11 | 14 | 94 | 97 | 122 | 126 | 141 | 150 | 184 | 213 | 241 | 272 | 278 |
7 | 5 | 11 | 11 | 8 | 13 | 11 | 14 | 8 | 12 | 9 | 8 | 12 | |
Total Assets | 20 | 21 | 111 | 115 | 141 | 150 | 162 | 174 | 198 | 230 | 254 | 285 | 296 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 3 | 11 | 9 | 1 | -3 | 2 | -3 | 5 | -4 | -2 | -4 | |
-1 | -2 | -6 | -3 | -1 | 6 | -1 | 8 | -5 | 7 | 4 | 6 | |
-1 | -2 | -5 | -5 | -0 | -2 | -2 | -2 | -2 | -3 | -1 | -2 | |
Net Cash Flow | -1 | 0 | 0 | 0 | -0 | 1 | -1 | 3 | -3 | -0 | -0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 57 | 39 | 37 | 15 | 33 | 18 | 13 | 12 | 22 | 11 | 9 |
Inventory Days | 223 | 212 | 136 | 108 | 228 | 193 | 484 | 175 | 387 | 255 | 521 | |
Days Payable | 230 | 170 | 130 | 69 | 87 | 56 | 53 | 74 | 107 | 73 | 95 | |
Cash Conversion Cycle | 23 | 50 | 81 | 44 | 54 | 174 | 155 | 444 | 113 | 302 | 193 | 435 |
Working Capital Days | 152 | 47 | 31 | 40 | 2 | 22 | 10 | 37 | -27 | -2 | -29 | -32 |
ROCE % | 8% | 5% | 1% | 9% | 9% | 9% | 10% | 14% | 17% | 12% | 9% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 9 Dec
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper publication-Extract of un-audited financial results for the second quarter and first half year ended 30-09-2024
- Un-Audited Financial Results (Standalone & Consolidated) For The Second Quarter And First Half Year Ended September 30, 2024 14 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting - 14.11.2024
14 Nov - Un-audited financial results for Q2 and H1 FY2024.
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Board Meeting Intimation for Board Meeting On 14Th November 2024
7 Nov - Board meeting scheduled for financial results approval.
Annual reports
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Financial Year 2024
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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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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