Bengal Tea & Fabrics Ltd
Incorporated in 1983, Bengal Tea & Fabrics Limited is engaged in the business of producing Tea & Fabrics. [1]
- Market Cap ₹ 117 Cr.
- Current Price ₹ 130
- High / Low ₹ 135 / 69.9
- Stock P/E
- Book Value ₹ 129
- Dividend Yield 0.77 %
- ROCE 0.69 %
- ROE 0.37 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.01 times its book value
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 147%
- Company's working capital requirements have reduced from 205 days to 139 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -16.5% over past five years.
- Company has a low return on equity of -1.66% over last 3 years.
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
181.59 | 219.66 | 252.56 | 223.00 | 223.31 | 129.42 | 121.73 | 110.61 | 110.36 | 49.18 | 55.13 | 49.52 | 56.00 | |
182.74 | 193.00 | 216.96 | 206.98 | 204.68 | 129.36 | 121.12 | 106.80 | 106.71 | 44.05 | 45.18 | 49.49 | 62.46 | |
Operating Profit | -1.15 | 26.66 | 35.60 | 16.02 | 18.63 | 0.06 | 0.61 | 3.81 | 3.65 | 5.13 | 9.95 | 0.03 | -6.46 |
OPM % | -0.63% | 12.14% | 14.10% | 7.18% | 8.34% | 0.05% | 0.50% | 3.44% | 3.31% | 10.43% | 18.05% | 0.06% | -11.54% |
4.25 | 4.94 | 3.00 | 4.13 | 2.20 | 2.04 | 1.50 | 2.02 | 1.22 | 0.56 | 9.70 | 4.19 | 6.67 | |
Interest | 9.07 | 9.43 | 7.81 | 7.54 | 6.17 | 2.43 | 2.80 | 2.45 | 2.38 | 0.52 | 0.43 | 0.43 | 0.48 |
Depreciation | 9.31 | 10.13 | 12.04 | 10.18 | 12.28 | 5.81 | 5.89 | 4.77 | 4.60 | 1.62 | 1.80 | 1.78 | 1.83 |
Profit before tax | -15.28 | 12.04 | 18.75 | 2.43 | 2.38 | -6.14 | -6.58 | -1.39 | -2.11 | 3.55 | 17.42 | 2.01 | -2.10 |
Tax % | 20.22% | 4.82% | 33.17% | 20.16% | 21.43% | 5.54% | 23.86% | 76.26% | 36.49% | 6.48% | -4.99% | 89.05% | |
-12.19 | 11.46 | 12.53 | 1.94 | 1.87 | -5.81 | -5.02 | -0.32 | -1.34 | 3.32 | 18.29 | 0.22 | -3.28 | |
EPS in Rs | -13.54 | 12.72 | 13.91 | 2.15 | 2.08 | -6.45 | -5.57 | -0.36 | -1.49 | 3.69 | 20.31 | 0.24 | -3.64 |
Dividend Payout % | -0.00% | 7.86% | 14.38% | 23.22% | 24.09% | -0.00% | -0.00% | -0.00% | -0.00% | 27.14% | 4.93% | 409.55% |
Compounded Sales Growth | |
---|---|
10 Years: | -14% |
5 Years: | -16% |
3 Years: | -23% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | -27% |
5 Years: | 16% |
3 Years: | 32% |
TTM: | -177% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 27% |
3 Years: | 44% |
1 Year: | 82% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -1% |
3 Years: | -2% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
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 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 | 9.01 |
Reserves | 37.00 | 47.27 | 57.57 | 133.35 | 99.21 | 92.45 | 87.84 | 86.87 | 85.00 | 87.97 | 106.02 | 104.33 | 106.88 |
77.98 | 93.50 | 86.80 | 67.25 | 55.23 | 52.13 | 25.96 | 23.47 | 21.13 | 19.40 | 0.88 | 6.83 | 6.68 | |
18.67 | 13.23 | 22.97 | 26.48 | 30.36 | 22.07 | 13.94 | 16.41 | 20.09 | 19.00 | 9.27 | 7.75 | 30.43 | |
Total Liabilities | 142.66 | 163.01 | 176.35 | 236.09 | 193.81 | 175.66 | 136.75 | 135.76 | 135.23 | 135.38 | 125.18 | 127.92 | 153.00 |
78.97 | 97.70 | 91.72 | 154.59 | 109.00 | 97.53 | 70.45 | 67.93 | 66.76 | 63.66 | 46.96 | 48.46 | 51.11 | |
CWIP | 5.48 | 0.07 | 1.68 | -0.00 | 0.10 | 0.79 | 0.90 | 0.90 | 2.21 | 1.66 | 0.91 | 2.25 | 1.24 |
Investments | 7.23 | -0.00 | 7.38 | 5.10 | 6.85 | 10.41 | 7.42 | 7.96 | 2.15 | 9.29 | 10.02 | 41.03 | 55.46 |
50.98 | 65.24 | 75.57 | 76.40 | 77.86 | 66.93 | 57.98 | 58.97 | 64.11 | 60.77 | 67.29 | 36.18 | 45.19 | |
Total Assets | 142.66 | 163.01 | 176.35 | 236.09 | 193.81 | 175.66 | 136.75 | 135.76 | 135.23 | 135.38 | 125.18 | 127.92 | 153.00 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29.87 | 10.55 | 28.07 | 35.17 | 18.76 | 18.62 | 9.03 | 3.32 | 4.53 | 5.95 | 6.61 | 6.14 | |
1.33 | -12.71 | -13.81 | -9.96 | -2.88 | -3.19 | 19.65 | 1.44 | 1.13 | -3.19 | 28.20 | -23.52 | |
-27.24 | 2.75 | -18.85 | -24.65 | -16.49 | -13.70 | -30.10 | -5.05 | -4.64 | -3.56 | -20.96 | 4.63 | |
Net Cash Flow | 3.96 | 0.59 | -4.59 | 0.56 | -0.61 | 1.73 | -1.42 | -0.29 | 1.02 | -0.81 | 13.84 | -12.75 |
Ratios
Figures in Rs. Crores
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 | 20.02 | 19.41 | 21.20 | 17.71 | 15.77 | 25.47 | 19.76 | 30.23 | 25.60 | 71.62 | 0.40 | 2.73 |
Inventory Days | 75.93 | 110.55 | 110.41 | 137.70 | 150.74 | 286.92 | 263.77 | 274.67 | 341.15 | 1,084.22 | 642.41 | 471.23 |
Days Payable | 34.18 | 22.20 | 25.54 | 42.08 | 58.11 | 92.73 | 53.32 | 78.38 | 123.02 | 396.44 | 44.95 | 42.54 |
Cash Conversion Cycle | 61.77 | 107.75 | 106.07 | 113.33 | 108.40 | 219.66 | 230.21 | 226.52 | 243.74 | 759.40 | 597.86 | 431.42 |
Working Capital Days | 30.99 | 50.20 | 48.76 | 58.69 | 58.78 | 88.81 | 107.46 | 107.61 | 117.71 | 251.45 | 224.24 | 139.38 |
ROCE % | -6.53% | 13.53% | 17.38% | 4.78% | 4.07% | -2.34% | -2.74% | 0.88% | 0.12% | 3.52% | 8.14% | 0.69% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Mr. Arindom Rao, has been appointed as the Chief Financial Officer of the Company by the Board at their Board Meeting held today. The particulars …
- Closure of Trading Window 22 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Feb - Copies of publications of the Unaudited Financial Results of the Company for the quarter ended 31st December, 2023, which were taken on record by the …
- Unaudited Financial Results And Limited Review Report For Quarter Ended 31St December, 2023 6 Feb
-
Announcement Under Regulation 30 -Postal Ballot Results
5 Feb - The requisite approval of the Shareholders of the Company has been obtained vide Special Resolution for increasing the Limits of Intercorporate loans, guarantees and investments …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Products Portfolio
Tea division: Products offered include Black Tea – CTC & Orthodox - Leaf & Dust, Tea Seed.
Textile division: Products offered include Fabrics – Cloth, Satin fabric, PC fabric, Twill fabric. [1]