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 ₹ 38.4 Cr.
- Current Price ₹ 74.9
- High / Low ₹ 110 / 62.6
- Stock P/E
- Book Value ₹ 111
- Dividend Yield 1.33 %
- ROCE 10.4 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.68 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
Cons
- Company has low interest coverage ratio.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 37 | 37 | 34 | 42 | 41 | 53 | 55 | 60 | 82 | 83 | 106 | 86 | |
24 | 31 | 31 | 32 | 38 | 38 | 50 | 51 | 58 | 65 | 76 | 95 | 94 | |
Operating Profit | 5 | 6 | 6 | 2 | 3 | 3 | 3 | 4 | 2 | 17 | 8 | 11 | -8 |
OPM % | 16% | 17% | 16% | 7% | 8% | 8% | 6% | 7% | 3% | 21% | 9% | 10% | -9% |
1 | 1 | 1 | 4 | 1 | 1 | 3 | 5 | 0 | -1 | 11 | 0 | 0 | |
Interest | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 5 | 5 | 4 | 3 | 2 | 2 |
Depreciation | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
Profit before tax | 3 | 5 | 5 | 3 | 2 | 2 | 0 | 2 | -4 | 9 | 13 | 6 | -13 |
Tax % | 9% | 12% | 11% | 9% | 22% | 54% | 100% | -20% | 39% | -8% | 4% | -12% | |
3 | 5 | 4 | 3 | 2 | 1 | 0 | 3 | -3 | 10 | 12 | 7 | -12 | |
EPS in Rs | 5.33 | 9.35 | 8.41 | 6.06 | 3.55 | 1.78 | 0.00 | 5.35 | -5.06 | 19.46 | 24.01 | 13.76 | -24.24 |
Dividend Payout % | 31% | 18% | 20% | 28% | 47% | 47% | 0% | 0% | 5% | 4% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 15% |
3 Years: | 21% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | % |
3 Years: | 123% |
TTM: | -172% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 15% |
1 Year: | -26% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 20% |
3 Years: | 26% |
Last Year: | 14% |
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 | 2 | 2 | 2 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 11 | 15 | 18 | 20 | 21 | 27 | 23 | 26 | 18 | 27 | 44 | 48 | 52 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
11 | 9 | 8 | 6 | 7 | 37 | 40 | 43 | 42 | 37 | 27 | 31 | 36 | |
11 | 11 | 10 | 11 | 15 | 12 | 15 | 14 | 14 | 16 | 16 | 19 | 22 | |
Total Liabilities | 35 | 36 | 38 | 39 | 44 | 78 | 83 | 88 | 78 | 85 | 92 | 103 | 114 |
11 | 12 | 14 | 14 | 15 | 43 | 48 | 50 | 52 | 55 | 58 | 64 | 65 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 1 | 2 | 1 |
Investments | 5 | 6 | 5 | 6 | 11 | 18 | 19 | 17 | 11 | 11 | 15 | 14 | 14 |
18 | 18 | 19 | 19 | 19 | 15 | 16 | 20 | 15 | 19 | 18 | 23 | 34 | |
Total Assets | 35 | 36 | 38 | 39 | 44 | 78 | 83 | 88 | 78 | 85 | 92 | 103 | 114 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 6 | 5 | 1 | 6 | 3 | 6 | 5 | 5 | 16 | 18 | 13 | |
-1 | -1 | -1 | 0 | -6 | -28 | -9 | -3 | 2 | -6 | -4 | -10 | |
-5 | -4 | -3 | -2 | -0 | 28 | 0 | -2 | -6 | -9 | -15 | 2 | |
Net Cash Flow | 0 | 0 | 0 | -1 | -0 | 3 | -3 | 0 | 1 | 1 | -2 | 4 |
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 | 2 | 3 | 1 | 3 | 2 | 4 | 6 | 7 | 6 | 7 | 3 | 4 |
Inventory Days | 876 | 221 | 194 | 314 | 365 | 347 | 152 | 156 | 99 | 75 | 90 | 97 |
Days Payable | 244 | 92 | 63 | 58 | 63 | 197 | 153 | 143 | 94 | 63 | 64 | 58 |
Cash Conversion Cycle | 634 | 131 | 131 | 259 | 304 | 154 | 4 | 20 | 10 | 19 | 30 | 43 |
Working Capital Days | -30 | -50 | -66 | -66 | -64 | -22 | -41 | 12 | -21 | -1 | -2 | -10 |
ROCE % | 19% | 26% | 22% | 10% | 11% | 6% | 7% | 10% | 5% | 23% | 22% | 10% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
2d - Resignation of Senior Management Personnel identified pursuant to Regulation 16(1)(d) of SEBI(LODR) Regulations, 2015.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Extract of financial results for the quarter and six months ended 30th September, 2023 published in the Business Standard and Arthiklipi dated 15th November, 2023.
- Financial Results For The Quarter And Half Year Ended 30Th September, 2023 14 Nov
- Board Meeting Outcome for Unaudited Financial Results For The Quarter And Six Months Ended 30Th September, 2023 14 Nov
- Board Meeting Intimation for Approval Of Standlaone And Consolidated Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September, 2023. 31 Oct
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
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