Goodricke Group Ltd

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Goodricke Group Ltd

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About

Incorporated in 1977, Goodricke Group Ltd is in the business of cultivation, manufacture and sale of tea[1]

Key Points

Business Overview:[1][2][3]
a) GGL is a subsidiary of Camellia Plc. U.K. (74% stake holder) and is a 2nd largest tea producer in India
b) It cultivates tea across 18 gardens.
c) It operates 22 factories including a processing factory with each tea garden, tea-blending units and an instant tea plant.
d) Company's gardens are spread over an area of 10,311 hectare under cultivation, and are located in West Bengal (73% and 9% of area under cultivation in Dooars and Darjeeling, respectively) and Assam (18% of area under cultivation)
e) GGL sells its produce through a combination of auction sales, private sales and exports
f) Group has 29 tea estates with an area of 17,465 hectare under cultivation, equally spread over West Bengal and Assam
g) GGL is certified by FSSC 22000, Rainforest Alliance Certification, UTZ Certification, and ETP – Ethical Tea Partnership.

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Pros

Cons

* 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.

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
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Tax %
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Dividend Payout %
Compounded Sales Growth
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Compounded Profit Growth
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Stock Price CAGR
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Return on Equity
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Balance Sheet

Figures in Rs. Crores

Equity Capital
Reserves
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CWIP
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Cash Flows

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Free Cash Flow
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Insights

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Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Domestic Tea Sales Volume
million kgs ・Standalone data

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Export Tea Sales Volume
million kgs ・Standalone data
Mature Tea Area
hectares ・Standalone data
Number of Permanent Employees
count ・Standalone data
Total Tea Production (Own Crop + Bought Leaf)
million kgs ・Standalone data
Packet Tea Share of Domestic Sales
% ・Standalone data
CTC Share of Production
% ・Standalone data
Average Tea Realization
Rs/kg ・Standalone data

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Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
74.00% 74.00% 74.00% 74.00% 74.00% 74.00% 74.00% 74.00% 74.00% 74.00% 74.00% 74.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.18% 0.25%
26.00% 26.00% 25.99% 25.99% 25.99% 25.99% 25.99% 25.99% 26.00% 25.99% 25.82% 25.74%
No. of Shareholders 12,63812,49412,51012,20212,04211,91411,95911,83111,64811,58111,47211,361

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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