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 ₹ 48.0 Cr.
- Current Price ₹ 93.6
- High / Low ₹ 113 / 60.0
- Stock P/E 2.87
- Book Value ₹ 182
- Dividend Yield 1.07 %
- ROCE 16.7 %
- ROE 18.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.51 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 42.8% CAGR over last 5 years
- Company's working capital requirements have reduced from 66.4 days to 36.7 days
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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|
42 | 41 | 53 | 55 | 60 | 82 | 83 | 102 | |
38 | 38 | 50 | 52 | 58 | 65 | 76 | 86 | |
Operating Profit | 3 | 3 | 3 | 3 | 2 | 17 | 7 | 15 |
OPM % | 8% | 8% | 6% | 5% | 3% | 20% | 9% | 15% |
1 | 2 | 3 | 8 | 2 | -0 | 3 | -1 | |
Interest | 1 | 1 | 4 | 5 | 5 | 4 | 3 | 3 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 |
Profit before tax | 2 | 3 | 1 | 4 | -3 | 10 | 4 | 9 |
Tax % | 21% | 38% | 45% | 7% | 63% | -6% | 11% | |
Net Profit | 2 | 2 | 0 | 4 | -1 | 11 | 4 | 8 |
EPS in Rs | 3.67 | 3.96 | 0.59 | 6.99 | -2.34 | 20.67 | 7.42 | 15.84 |
Dividend Payout % | 46% | 21% | 171% | -0% | -0% | 5% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 15% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | 50% |
TTM: | 120% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 37% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 14% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|
2 | 2 | 6 | 6 | 6 | 6 | 6 | 5 | |
Reserves | 21 | 50 | 50 | 53 | 47 | 57 | 65 | 88 |
7 | 37 | 40 | 43 | 42 | 37 | 27 | 28 | |
15 | 12 | 15 | 13 | 14 | 16 | 16 | 14 | |
Total Liabilities | 45 | 101 | 109 | 115 | 107 | 115 | 113 | 136 |
15 | 43 | 48 | 50 | 52 | 55 | 58 | 60 | |
CWIP | -0 | 2 | 0 | 0 | 0 | 0 | 1 | 0 |
Investments | 11 | 42 | 45 | 19 | 16 | 16 | 20 | 20 |
19 | 15 | 16 | 45 | 39 | 44 | 34 | 56 | |
Total Assets | 45 | 101 | 109 | 115 | 107 | 115 | 113 | 136 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|
6 | 3 | 5 | -0 | 2 | 15 | 18 | |
-6 | -29 | -8 | 8 | 0 | -4 | -12 | |
-0 | 28 | 0 | -2 | -6 | -10 | -8 | |
Net Cash Flow | 0 | 3 | -3 | 6 | -4 | 1 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|
Debtor Days | 2 | 4 | 6 | 7 | 6 | 7 | 3 |
Inventory Days | 365 | 347 | 152 | 156 | 99 | 75 | 89 |
Days Payable | 63 | 197 | 153 | 144 | 95 | 63 | 64 |
Cash Conversion Cycle | 304 | 154 | 4 | 20 | 10 | 19 | 29 |
Working Capital Days | -64 | -22 | -41 | 121 | 82 | 80 | 37 |
ROCE % | 7% | 5% | 9% | 5% | 16% | 17% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Jan
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jan - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st December, 2022 as received from our Registrars, M/s C …
-
Announcement under Regulation 30 (LODR)-Credit Rating
6 Jan - With reference to Regulation 30 (6) of the SEBI (LODR), Regulations, 2015(the 'Regulations'). Acuite Ratings & Research Limited has reviewed and reaffirmed the original ratings …
- Closure of Trading Window 22 Dec 2022
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 6 Dec 2022
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