Tyroon Tea Company Ltd

Tyroon Tea Company Ltd

₹ 100 12.00%
21 Jun - close price
About

Incorporated in 1890, Tyroon Tea Company
Ltd is engaged in cultivation, manufacture
and sale of tea.

Key Points

Product Profile:[1]
a) CTC tea
b) Orthodox tea
Company produces pedigree clones such as S3A3, S3A1, T3E3 and TV1 and is also developing sections with quality orthodox clones such as P126 and Teenali 17/1/54

  • Market Cap 34.0 Cr.
  • Current Price 100
  • High / Low 120 / 79.3
  • Stock P/E 13.6
  • Book Value 111
  • Dividend Yield 0.00 %
  • ROCE 8.33 %
  • ROE 6.96 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.90 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 8.24% over past five years.
  • Company has a low return on equity of 12.6% over last 3 years.
  • Earnings include an other income of Rs.3.14 Cr.
  • Working capital days have increased from 33.4 days to 72.3 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

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
4.46 5.38 16.29 15.09 2.57 9.30 18.35 13.35 1.36 9.97 17.26 11.60 2.69
8.44 4.58 10.02 11.11 7.16 7.92 10.15 11.86 8.44 8.79 10.72 11.21 8.89
Operating Profit -3.98 0.80 6.27 3.98 -4.59 1.38 8.20 1.49 -7.08 1.18 6.54 0.39 -6.20
OPM % -89.24% 14.87% 38.49% 26.38% -178.60% 14.84% 44.69% 11.16% -520.59% 11.84% 37.89% 3.36% -230.48%
-1.10 0.72 0.65 0.62 0.84 0.78 -0.27 0.45 0.44 1.15 0.89 0.46 0.63
Interest 0.04 0.09 0.07 0.05 0.06 0.11 0.06 0.08 0.09 0.19 0.12 0.09 0.09
Depreciation 0.36 0.22 0.22 0.23 0.31 0.19 0.21 0.21 0.30 0.21 0.21 0.20 0.31
Profit before tax -5.48 1.21 6.63 4.32 -4.12 1.86 7.66 1.65 -7.03 1.93 7.10 0.56 -5.97
Tax % -9.85% 0.00% 0.00% 0.00% -22.33% 0.00% 0.00% 0.00% -8.96% 0.00% 0.00% 0.00% -10.72%
-6.03 1.21 6.63 4.32 -5.03 1.86 7.66 1.65 -7.66 1.93 7.10 0.56 -6.61
EPS in Rs -17.72 3.56 19.49 12.70 -14.78 5.47 22.52 4.85 -22.52 5.67 20.87 1.65 -19.43
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
22.57 24.63 21.83 25.89 24.39 25.15 27.94 28.45 37.89 39.33 42.36 41.52
20.27 21.54 22.05 24.16 25.19 25.61 29.36 31.22 29.62 32.87 38.30 39.63
Operating Profit 2.30 3.09 -0.22 1.73 -0.80 -0.46 -1.42 -2.77 8.27 6.46 4.06 1.89
OPM % 10.19% 12.55% -1.01% 6.68% -3.28% -1.83% -5.08% -9.74% 21.83% 16.43% 9.58% 4.55%
1.08 1.06 0.78 0.77 1.66 1.35 1.25 1.89 -0.41 2.83 1.34 3.14
Interest 0.24 0.17 0.09 0.04 0.02 0.31 0.11 0.22 0.18 0.26 0.34 0.48
Depreciation 0.32 0.32 0.46 0.47 0.57 0.57 0.57 0.66 0.88 0.99 0.91 0.93
Profit before tax 2.82 3.66 0.01 1.99 0.27 0.01 -0.85 -1.76 6.80 8.04 4.15 3.62
Tax % 7.80% 9.84% 1,600.00% -27.14% 118.52% 2,500.00% -43.53% 21.59% 7.94% 11.44% 15.18% 17.68%
2.61 3.31 -0.15 2.52 -0.05 -0.24 -1.22 -1.38 6.26 7.13 3.52 2.99
EPS in Rs 7.67 9.73 -0.44 7.41 -0.15 -0.71 -3.59 -4.06 18.40 20.96 10.35 8.79
Dividend Payout % 13.45% 10.60% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 5%
5 Years: 8%
3 Years: 3%
TTM: -2%
Compounded Profit Growth
10 Years: -2%
5 Years: 30%
3 Years: -31%
TTM: -29%
Stock Price CAGR
10 Years: 11%
5 Years: 30%
3 Years: 8%
1 Year: 19%
Return on Equity
10 Years: 7%
5 Years: 13%
3 Years: 13%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51 3.51
Reserves 12.77 15.67 15.50 18.03 17.39 17.40 16.50 15.48 20.99 27.73 30.90 34.21
1.87 1.07 0.16 0.95 0.91 0.36 1.35 1.65 2.75 4.06 6.73 5.68
6.50 7.03 7.56 8.78 9.04 10.30 11.35 11.03 13.06 12.48 14.15 14.35
Total Liabilities 24.65 27.28 26.73 31.27 30.85 31.57 32.71 31.67 40.31 47.78 55.29 57.75
6.82 6.82 7.51 8.51 8.08 7.76 8.06 13.06 17.06 17.75 18.44 18.17
CWIP 0.00 0.09 0.03 0.05 0.66 1.16 1.16 0.91 0.94 1.60 1.36 1.74
Investments 10.56 12.84 10.33 13.48 11.33 9.24 9.82 8.47 16.14 21.70 22.58 21.76
7.27 7.53 8.86 9.23 10.78 13.41 13.67 9.23 6.17 6.73 12.91 16.08
Total Assets 24.65 27.28 26.73 31.27 30.85 31.57 32.71 31.67 40.31 47.78 55.29 57.75

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2.02 3.52 0.35 2.42 1.24 0.70 -0.03 -1.06 9.90 4.92 1.79 0.46
-1.83 -2.13 0.86 -2.99 -1.51 0.15 -0.86 1.09 -10.56 -6.03 -4.22 1.01
-0.15 -1.38 -0.86 0.74 -0.06 -0.86 0.86 0.02 0.66 1.06 2.37 -1.51
Net Cash Flow 0.04 0.01 0.35 0.17 -0.33 -0.02 -0.03 0.05 0.00 -0.05 -0.05 -0.04

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 4.53 1.78 1.17 3.67 7.63 8.27 5.88 3.85 2.12 1.86 1.46 0.88
Inventory Days 117.94 138.08 197.77 272.18 252.98 250.80 99.48 144.44 254.20 279.71 352.83
Days Payable 264.35 328.61 498.78 523.90 473.24 487.73 320.87 392.68 121.05 110.97 123.88
Cash Conversion Cycle -141.88 -188.75 -299.85 3.67 -244.09 -211.99 -231.05 -217.54 -246.12 135.01 170.21 229.83
Working Capital Days -17.95 -21.93 -33.77 9.87 8.38 19.16 13.19 20.53 -22.64 -9.47 37.57 72.26
ROCE % 14.52% 17.76% -1.62% 8.11% 0.59% 0.56% -4.60% -11.57% 35.50% 23.05% 11.80% 8.33%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22% 67.22%
0.09% 0.09% 0.09% 0.09% 0.09% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08%
32.69% 32.69% 32.69% 32.69% 32.69% 32.70% 32.69% 32.70% 32.69% 32.69% 32.69% 32.69%
No. of Shareholders 3,0783,1833,2303,1813,1873,1643,0572,9983,0043,0053,0093,025

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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