Kanco Tea & Industries Ltd
Incorporated in 1983, Kanco Tea & Industries Ltd is in the business of Plantation, Manufacture and Sale of Black Teas.
- Market Cap ₹ 35.6 Cr.
- Current Price ₹ 69.4
- High / Low ₹ 113 / 60.0
- Stock P/E 4.47
- Book Value ₹ 141
- Dividend Yield 1.44 %
- ROCE 22.0 %
- ROE 30.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.49 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 68.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
Cons
- Tax rate seems low
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 28 | 37 | 37 | 34 | 42 | 41 | 53 | 55 | 60 | 82 | 83 | 107 | |
25 | 24 | 31 | 31 | 32 | 38 | 38 | 50 | 51 | 58 | 65 | 76 | 96 | |
Operating Profit | 6 | 5 | 6 | 6 | 2 | 3 | 3 | 3 | 4 | 2 | 17 | 8 | 11 |
OPM % | 18% | 16% | 17% | 16% | 7% | 8% | 8% | 6% | 7% | 3% | 21% | 9% | 11% |
0 | 1 | 1 | 1 | 4 | 1 | 1 | 3 | 5 | 0 | -1 | 11 | 2 | |
Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 5 | 4 | 3 | 2 |
Depreciation | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 |
Profit before tax | 4 | 3 | 5 | 5 | 3 | 2 | 2 | 0 | 2 | -4 | 9 | 13 | 9 |
Tax % | 13% | 9% | 12% | 11% | 9% | 22% | 54% | 100% | -20% | 39% | -8% | 4% | |
Net Profit | 3 | 3 | 5 | 4 | 3 | 2 | 1 | 0 | 3 | -3 | 10 | 12 | 8 |
EPS in Rs | 6.18 | 5.33 | 9.35 | 8.41 | 6.06 | 3.55 | 1.78 | 0.00 | 5.35 | -5.06 | 19.46 | 24.01 | 15.54 |
Dividend Payout % | 27% | 31% | 18% | 20% | 28% | 47% | 47% | 0% | 0% | 5% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 15% |
3 Years: | 15% |
TTM: | 31% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 68% |
3 Years: | 65% |
TTM: | -38% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | 48% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 18% |
3 Years: | 26% |
Last Year: | 30% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 2 | 2 | 2 | 2 | 2 | 2 | 6 | 6 | 6 | 6 | 6 | 5 | |
Reserves | 10 | 11 | 15 | 18 | 20 | 21 | 27 | 23 | 26 | 18 | 27 | 44 | 67 |
11 | 11 | 9 | 8 | 6 | 7 | 37 | 40 | 43 | 42 | 37 | 27 | 28 | |
9 | 11 | 11 | 10 | 11 | 15 | 12 | 15 | 14 | 14 | 16 | 16 | 14 | |
Total Liabilities | 31 | 35 | 36 | 38 | 39 | 44 | 78 | 83 | 88 | 78 | 85 | 92 | 115 |
11 | 11 | 12 | 14 | 14 | 15 | 43 | 48 | 50 | 52 | 55 | 58 | 60 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 1 | 0 |
Investments | 5 | 5 | 6 | 5 | 6 | 11 | 18 | 19 | 17 | 11 | 11 | 15 | 15 |
15 | 18 | 18 | 19 | 19 | 19 | 15 | 16 | 20 | 15 | 19 | 18 | 40 | |
Total Assets | 31 | 35 | 36 | 38 | 39 | 44 | 78 | 83 | 88 | 78 | 85 | 92 | 115 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 5 | 6 | 5 | 1 | 6 | 3 | 6 | 5 | 5 | 16 | 18 | |
-1 | -1 | -1 | -1 | 0 | -6 | -28 | -9 | -3 | 2 | -6 | -4 | |
-4 | -5 | -4 | -3 | -2 | -0 | 28 | 0 | -2 | -6 | -9 | -15 | |
Net Cash Flow | -0 | 0 | 0 | 0 | -1 | -0 | 3 | -3 | 0 | 1 | 1 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 2 | 2 | 3 | 1 | 3 | 2 | 4 | 6 | 7 | 6 | 7 | 3 |
Inventory Days | 297 | 876 | 221 | 194 | 314 | 365 | 347 | 152 | 156 | 99 | 75 | 89 |
Days Payable | 78 | 244 | 92 | 63 | 58 | 63 | 197 | 153 | 143 | 94 | 63 | 64 |
Cash Conversion Cycle | 221 | 634 | 131 | 131 | 259 | 304 | 154 | 4 | 20 | 10 | 19 | 29 |
Working Capital Days | -41 | -30 | -50 | -66 | -66 | -64 | -22 | -41 | 12 | -21 | -1 | -5 |
ROCE % | 23% | 19% | 26% | 22% | 10% | 11% | 6% | 7% | 10% | 5% | 23% | 22% |
Documents
Announcements
- Closure of Trading Window 28 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Copy of the extract of unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December, 2022 published in The Business …
-
Announcement Under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Listing Regulations''), enclosed herewith please find the copies of the extract of unaudited standalone financial results for the quarter and nine months ended 31st December, …
- Rectification In Results Submitted Under Regulation 30 And 33 Of SEBI (LODR) Regulations 2015 14 Feb
- Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December, 2022 Along With Limited Review Reports Dated 14Th February, 2023 14 Feb
Business Overview:[1]
Company primarily produces black tea of crush, tear, curl (CTC) variety for selling in domestic market through a mix of auction and private sales. KTIL’s three gardens in upper Assam are spread over 2,499 hectares, of which around 64% is under tea cultivation