Terai Tea Co Ltd

₹ 67.2 3.31%
31 Jan - 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 46.2 Cr.
  • Current Price 67.2
  • High / Low 88.9 / 48.6
  • Stock P/E 57.8
  • Book Value 212
  • Dividend Yield 0.00 %
  • ROCE 5.17 %
  • ROE 6.14 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.32 times its book value
  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 95.0 days to 47.1 days

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 -10.8% over past five years.
  • Company has a low return on equity of 3.82% over last 3 years.
  • Earnings include an other income of Rs.4.04 Cr.
  • Debtor days have increased from 48.8 to 76.9 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
50.34 43.53 15.00 9.13 37.01 15.33 9.98 5.57 10.57 26.61 30.44 12.87 21.39
48.28 41.89 26.05 6.20 29.62 23.56 18.60 4.44 10.37 26.95 34.25 11.51 20.14
Operating Profit 2.06 1.64 -11.05 2.93 7.39 -8.23 -8.62 1.13 0.20 -0.34 -3.81 1.36 1.25
OPM % 4.09% 3.77% -73.67% 32.09% 19.97% -53.69% -86.37% 20.29% 1.89% -1.28% -12.52% 10.57% 5.84%
0.11 0.44 11.07 0.86 5.64 1.80 8.84 0.61 10.94 2.40 1.36 -1.61 1.89
Interest 1.14 1.08 0.71 0.81 1.09 0.92 0.54 0.26 0.23 0.43 0.57 0.49 0.63
Depreciation 0.37 0.38 0.36 0.32 0.32 0.31 0.99 0.48 0.47 0.48 0.15 0.39 0.40
Profit before tax 0.66 0.62 -1.05 2.66 11.62 -7.66 -1.31 1.00 10.44 1.15 -3.17 -1.13 2.11
Tax % 0.00% 0.00% 14.29% 0.00% 0.00% 0.00% -78.63% 0.00% 0.00% 0.00% -0.63% 0.00% 0.00%
Net Profit 0.82 0.82 -0.04 2.99 11.99 -7.98 0.72 1.54 10.21 1.30 -2.17 -0.81 2.48
EPS in Rs 1.19 1.19 -0.06 4.35 17.43 -11.60 1.05 2.24 14.84 1.89 -3.15 -1.18 3.61
Raw PDF

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 TTM
31.91 32.36 119.57 89.55 129.31 129.07 140.75 118.66 71.45 73.18 91.31
32.59 30.20 113.03 83.41 123.35 123.77 135.03 122.69 77.85 75.93 92.85
Operating Profit -0.68 2.16 6.54 6.14 5.96 5.30 5.72 -4.03 -6.40 -2.75 -1.54
OPM % -2.13% 6.67% 5.47% 6.86% 4.61% 4.11% 4.06% -3.40% -8.96% -3.76% -1.69%
5.24 3.62 0.98 0.72 1.61 1.28 0.94 10.67 17.14 15.32 4.04
Interest 1.91 2.84 4.94 4.12 4.00 3.77 3.76 3.90 3.49 1.57 2.12
Depreciation 2.64 2.52 1.76 1.85 1.76 1.60 1.65 1.48 1.93 1.58 1.42
Profit before tax 0.01 0.42 0.82 0.89 1.81 1.21 1.25 1.26 5.32 9.42 -1.04
Tax % 1,400.00% 35.71% 26.83% -21.35% 22.10% 27.27% 6.40% -11.90% 19.36% 0.21%
Net Profit -0.13 0.27 0.79 1.08 2.32 -0.08 3.10 2.75 7.83 10.88 0.80
EPS in Rs 1.15 1.57 3.37 -0.12 4.51 4.00 11.38 15.82 1.17
Dividend Payout % 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 Years: -11%
3 Years: -20%
TTM: 120%
Compounded Profit Growth
10 Years: %
5 Years: 33%
3 Years: 40%
TTM: -82%
Stock Price CAGR
10 Years: 4%
5 Years: 4%
3 Years: 11%
1 Year: -16%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 4%
Last Year: 6%

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 Sep 2022
6.89 6.89 6.90 6.90 6.90 6.90 6.90 6.90 6.88 6.88 6.88
Reserves 29.44 29.31 33.10 34.47 57.76 112.63 115.74 118.64 126.50 137.38 139.05
23.80 28.33 44.41 41.38 39.29 35.65 33.38 44.96 24.83 31.45 31.27
10.77 8.67 42.38 41.89 16.97 15.95 20.00 16.90 7.57 15.57 15.08
Total Liabilities 70.90 73.20 126.79 124.64 120.92 171.13 176.02 187.40 165.78 191.28 192.28
30.03 28.29 34.49 32.97 53.29 53.55 52.16 55.71 51.45 50.70 50.03
CWIP 0.27 0.11 0.00 0.02 0.46 0.06 1.59 0.09 0.14 0.14 0.14
Investments 7.57 7.59 15.11 15.91 17.27 71.76 70.08 75.43 81.38 113.18 112.89
33.03 37.21 77.19 75.74 49.90 45.76 52.19 56.17 32.81 27.26 29.22
Total Assets 70.90 73.20 126.79 124.64 120.92 171.13 176.02 187.40 165.78 191.28 192.28

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
-3.97 1.39 3.56 2.04 9.03 2.69 0.07 24.26 24.72
-0.61 -2.10 -0.44 -0.23 -1.42 2.18 -8.46 1.60 -29.84
4.52 0.78 -2.99 -1.92 -6.86 -5.52 8.09 -25.75 5.32
Net Cash Flow -0.06 0.07 0.13 -0.11 0.74 -0.64 -0.29 0.12 0.21

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
Debtor Days 74.12 92.94 128.94 151.83 36.78 29.92 53.55 57.80 11.85 76.86
Inventory Days 128.90 157.43 35.02 40.94 31.11 23.09 19.42 16.93 214.90 13.13
Days Payable 101.08 49.74 158.01 201.66 20.47 40.94 52.28 42.53 200.13 95.72
Cash Conversion Cycle 101.94 200.63 5.95 -8.90 47.42 12.07 20.69 32.19 26.62 -5.73
Working Capital Days 247.76 315.82 95.97 122.28 83.58 72.99 75.44 113.41 124.60 47.13
ROCE % 5.23% 5.70% 5.85% 3.84% 3.22% 3.77% 1.27% 5.17%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
74.18 74.18 74.18 74.18 74.18 74.18 74.18 74.18 74.18 74.18 74.18 74.18
25.82 25.82 25.82 25.82 25.82 25.82 25.82 25.82 25.82 25.82 25.82 25.82

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