Indong Tea Company Ltd
₹ 30.4
2.85%
02 Jun
- close price
About
Indong Tea Co. is engaged in the business of growing tea leaves and manufacturing of Tea.
Key Points
- Market Cap ₹ 45.5 Cr.
- Current Price ₹ 30.4
- High / Low ₹ 31.1 / 11.9
- Stock P/E 40.3
- Book Value ₹ 34.5
- Dividend Yield 0.00 %
- ROCE 5.83 %
- ROE 3.80 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.88 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -32.1%
- Tax rate seems low
- Company has a low return on equity of 5.24% over last 3 years.
- Earnings include an other income of Rs.3.07 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: Plantation & Plantation Products Industry: Tea
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 15.49 | 23.07 | 19.49 | 21.04 | |
| 15.03 | 18.86 | 16.16 | 19.26 | |
| Operating Profit | 0.46 | 4.21 | 3.33 | 1.78 |
| OPM % | 2.97% | 18.25% | 17.09% | 8.46% |
| 1.23 | 0.06 | 0.44 | 3.07 | |
| Interest | 1.99 | 2.12 | 1.61 | 1.00 |
| Depreciation | 0.91 | 0.90 | 1.03 | 2.56 |
| Profit before tax | -1.21 | 1.25 | 1.13 | 1.29 |
| Tax % | 0.00% | -2.40% | -16.81% | 13.18% |
| Net Profit | -1.21 | 1.28 | 1.32 | 1.13 |
| EPS in Rs | -2.37 | 2.51 | 1.32 | 0.75 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| TTM: | -14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 5.11 | 5.11 | 10.00 | 15.00 | |
| Reserves | 11.75 | 13.02 | 19.71 | 36.77 |
| 20.97 | 18.42 | 9.60 | 8.59 | |
| 3.53 | 4.05 | 3.94 | 4.42 | |
| Total Liabilities | 41.36 | 40.60 | 43.25 | 64.78 |
| 36.77 | 37.25 | 39.00 | 50.19 | |
| CWIP | 0.74 | 0.04 | 0.04 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 3.85 | 3.31 | 4.21 | 14.59 | |
| Total Assets | 41.36 | 40.60 | 43.25 | 64.78 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -0.45 | 4.07 | 1.97 | ||
| -3.65 | -0.68 | -2.78 | ||
| 4.23 | -3.53 | 0.84 | ||
| Net Cash Flow | 0.13 | -0.14 | 0.03 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 0.71 | 2.06 | 10.67 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 0.71 | 2.06 | 10.67 | |
| Working Capital Days | 17.44 | 1.42 | 15.73 | |
| ROCE % | 9.06% | 7.22% |
Documents
Announcements
- Certificate Of Non-Applicability Of Related Party Disclosure Under Regulation 23(9) Of SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015 For The F.Y. 31St March 2023 1 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Listing Obligation and Disclosure Requirements) Regulation, 2015, the compliance with the corporate governance provisions as specified in Regulation 17, 17A, 18, 19, 20, 21, 22, …
- Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations) 30 May
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 30Th May 2023 And Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 30 May
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 30Th May 2023 And Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 30 May
Annual reports
No data available.
Business Area[1] ITCL is engaged in Tea Plantation & Manufacturing of CTC Tea at Indong Tea Estate situated in the Jalpaiguri District of West Bengal. Their Indong Tea Estate is spread over an area of 740.38 Hectares and consists of Tea Plantation, Tea Factory, Withering Trough House, Officer's Bungalows, Staff Quarters, Labour Quarters, Pump House, General Stores, Dairy Farm, etc.