Terai Tea Co Ltd

Terai Tea Co Ltd

₹ 79.6 -1.57%
28 Mar - close price
About

Incorporated in 1973, Terai Tea Company Ltd is engaged in production, distribution and trading of tea and other agricultural merchandise.

Key Points

Product & Services:[1]
Tea plantations, Tea production and Trading of agricultural commodities viz. jute, sugar and yellow peas.

  • Market Cap 54.8 Cr.
  • Current Price 79.6
  • High / Low 119 / 63.2
  • Stock P/E 20.5
  • Book Value 120
  • Dividend Yield 0.00 %
  • ROCE 2.85 %
  • ROE 1.14 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.66 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.31% over past five years.
  • Company has a low return on equity of 3.07% over last 3 years.
  • Earnings include an other income of Rs.9.61 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
15.33 9.98 5.57 10.57 26.61 30.44 12.87 21.39 55.00 3.90 12.97 8.98 40.66
23.56 18.60 4.44 10.37 26.95 34.25 11.51 20.14 52.68 8.33 12.77 8.39 40.38
Operating Profit -8.23 -8.62 1.13 0.20 -0.34 -3.81 1.36 1.25 2.32 -4.43 0.20 0.59 0.28
OPM % -53.69% -86.37% 20.29% 1.89% -1.28% -12.52% 10.57% 5.84% 4.22% -113.59% 1.54% 6.57% 0.69%
1.80 8.84 0.61 10.94 2.40 1.36 -1.61 1.89 0.51 3.94 2.17 0.57 2.93
Interest 0.92 0.54 0.26 0.23 0.43 0.57 0.49 0.63 0.66 0.70 0.62 0.69 0.59
Depreciation 0.31 0.99 0.48 0.47 0.48 0.15 0.39 0.40 0.43 0.44 0.37 0.39 0.40
Profit before tax -7.66 -1.31 1.00 10.44 1.15 -3.17 -1.13 2.11 1.74 -1.63 1.38 0.08 2.22
Tax % 0.00% -78.63% 0.00% 0.00% 0.00% -0.63% 0.00% 0.00% 0.00% 38.04% 0.00% 0.00% 0.00%
-7.65 -2.34 0.99 10.44 1.15 -3.18 -1.13 2.11 1.74 -1.00 1.38 0.07 2.22
EPS in Rs -11.12 -3.40 1.44 15.18 1.67 -4.62 -1.64 3.07 2.53 -1.45 2.01 0.10 3.23
Raw PDF

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
67.05 83.11 84.23 119.57 89.55 129.31 129.07 140.75 118.66 71.45 73.18 93.16 66.51
60.43 77.54 78.48 113.03 83.41 123.35 123.77 135.03 122.69 77.85 75.93 92.57 69.87
Operating Profit 6.62 5.57 5.75 6.54 6.14 5.96 5.30 5.72 -4.03 -6.40 -2.75 0.59 -3.36
OPM % 9.87% 6.70% 6.83% 5.47% 6.86% 4.61% 4.11% 4.06% -3.40% -8.96% -3.76% 0.63% -5.05%
0.25 0.35 0.64 0.98 0.72 1.61 1.28 0.94 10.67 17.14 15.32 4.73 9.61
Interest 4.35 3.16 3.64 4.94 4.12 4.00 3.77 3.76 3.90 3.49 1.57 2.57 2.60
Depreciation 1.91 2.00 1.94 1.76 1.85 1.76 1.60 1.65 1.48 1.93 1.58 1.66 1.60
Profit before tax 0.61 0.76 0.81 0.82 0.89 1.81 1.21 1.25 1.26 5.32 9.42 1.09 2.05
Tax % 34.43% 43.42% 49.38% 26.83% -21.35% 22.10% 27.27% -5.60% -11.90% 19.36% 0.21% -20.18%
0.40 0.43 0.41 0.60 1.08 1.41 0.89 1.31 1.41 4.28 9.40 1.32 2.67
EPS in Rs 0.58 0.63 0.60 0.87 1.57 2.05 1.29 1.90 2.05 6.22 13.66 1.92 3.89
Dividend Payout % 0.00% 0.00% 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: 1%
5 Years: -6%
3 Years: -8%
TTM: -44%
Compounded Profit Growth
10 Years: 9%
5 Years: 1%
3 Years: -26%
TTM: 680%
Stock Price CAGR
10 Years: 0%
5 Years: 16%
3 Years: 30%
1 Year: 17%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 3%
Last Year: 1%

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 6.90 6.90 6.90 6.90 6.90 6.90 6.90 6.90 6.90 6.88 6.88 6.88 6.88
Reserves 31.90 32.30 32.68 32.67 33.76 55.71 56.52 57.84 59.25 63.56 72.96 74.28 75.73
44.57 36.44 43.30 44.41 41.38 39.29 35.65 33.38 44.96 24.63 31.45 36.22 24.14
4.70 5.15 30.22 42.37 41.89 16.96 15.95 19.85 16.91 7.78 15.57 6.41 8.79
Total Liabilities 88.07 80.79 113.10 126.35 123.93 118.86 115.02 117.97 128.02 102.85 126.86 123.79 115.54
24.32 33.94 32.54 34.49 32.97 53.29 53.55 52.16 55.71 51.45 50.70 49.30 48.75
CWIP 8.42 0.00 2.73 0.00 0.02 0.46 0.06 1.59 0.09 0.14 0.14 0.08 0.08
Investments 11.73 11.80 13.38 14.67 15.20 15.22 15.65 12.03 16.04 18.44 48.76 42.22 44.98
43.60 35.05 64.45 77.19 75.74 49.89 45.76 52.19 56.18 32.82 27.26 32.19 21.73
Total Assets 88.07 80.79 113.10 126.35 123.93 118.86 115.02 117.97 128.02 102.85 126.86 123.79 115.54

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
0.82 9.40 -1.92 1.39 3.56 2.04 9.03 2.69 0.07 24.26 24.31 -8.67
-9.39 -3.13 -4.43 -2.10 -0.44 -0.23 -1.42 2.18 -8.46 1.60 -29.42 6.93
10.22 -8.13 6.35 0.78 -2.99 -1.92 -6.86 -5.52 8.09 -25.75 5.32 2.29
Net Cash Flow 1.65 -1.86 0.00 0.07 0.13 -0.11 0.74 -0.64 -0.29 0.12 0.21 0.55

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 28.09 29.78 111.89 128.94 151.83 36.78 29.92 53.55 57.80 11.85 76.86 11.95
Inventory Days 54.88 56.65 49.08 35.02 40.94 31.11 23.09 19.42 12.00 17.56 9.60 11.79
Days Payable 23.20 17.87 165.09 158.01 201.66 20.47 40.94 52.28 30.15 16.36 70.00 10.49
Cash Conversion Cycle 59.76 68.55 -4.12 5.95 -8.90 47.42 12.07 20.69 39.65 13.06 16.46 13.25
Working Capital Days 153.68 115.81 131.21 95.97 122.28 83.58 72.99 75.83 113.11 123.57 47.13 89.64
ROCE % 6.31% 4.86% 5.16% 6.12% 5.73% 5.94% 4.96% 4.95% 5.88% 2.02% 8.37% 2.85%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
74.18% 74.18% 74.18% 74.18% 74.18% 74.18% 74.18% 74.18% 74.18% 74.18% 74.18% 73.48%
25.82% 25.82% 25.82% 25.82% 25.82% 25.82% 25.82% 25.82% 25.82% 25.82% 25.81% 26.52%
No. of Shareholders 1,6241,6881,6961,7462,2762,2242,1512,0631,9971,9431,9552,128

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