The Grob Tea Co Ltd
₹ 921
0.68%
22 Jun
11:03 a.m.
About
Incorporated in 1895, Grob Tea Co. Ltd is engaged in growing and manufacture of Tea and LED trading business[1]
Key Points
- Market Cap ₹ 107 Cr.
- Current Price ₹ 921
- High / Low ₹ 1,236 / 805
- Stock P/E 17.4
- Book Value ₹ 798
- Dividend Yield 0.33 %
- ROCE 7.36 %
- ROE 6.82 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.16 times its book value
Cons
- The company has delivered a poor sales growth of 0.73% over past five years.
- Company has a low return on equity of 6.18% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.6.02 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 61 | 77 | 74 | 77 | 80 | 82 | 110 | 93 | 102 | 100 | 119 | 114 | |
| 57 | 67 | 68 | 71 | 75 | 76 | 81 | 87 | 98 | 99 | 109 | 107 | |
| Operating Profit | 4 | 10 | 6 | 5 | 4 | 6 | 30 | 6 | 4 | 1 | 10 | 7 |
| OPM % | 7% | 14% | 8% | 7% | 5% | 7% | 27% | 7% | 4% | 1% | 8% | 6% |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 7 | 6 | |
| Interest | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 2 |
| Depreciation | 3 | 4 | 4 | 3 | 3 | 2 | 2 | 3 | 3 | 4 | 4 | 4 |
| Profit before tax | 1 | 6 | 2 | 3 | 2 | 3 | 28 | 5 | 4 | 0 | 12 | 7 |
| Tax % | 34% | 24% | 10% | 29% | 23% | 42% | -0% | 17% | 84% | 108% | 17% | 19% |
| 1 | 5 | 2 | 2 | 1 | 2 | 28 | 4 | 1 | -0 | 10 | 6 | |
| EPS in Rs | 8.26 | 40.35 | 14.54 | 15.92 | 12.05 | 14.20 | 241.07 | 35.71 | 5.16 | -0.09 | 86.55 | 49.47 |
| Dividend Payout % | 24% | 5% | 14% | 13% | 17% | 14% | 1% | 6% | 39% | -2,320% | 2% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 1% |
| 3 Years: | 4% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -26% |
| 3 Years: | 120% |
| TTM: | -34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -5% |
| 3 Years: | 6% |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 5% |
| 3 Years: | 6% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 30 | 36 | 38 | 40 | 43 | 46 | 74 | 77 | 77 | 78 | 87 | 92 |
| 14 | 8 | 3 | 4 | 6 | 10 | 3 | 3 | 12 | 9 | 18 | 53 | |
| 11 | 13 | 13 | 15 | 19 | 15 | 14 | 17 | 18 | 15 | 18 | 18 | |
| Total Liabilities | 57 | 58 | 55 | 61 | 69 | 72 | 93 | 99 | 108 | 103 | 124 | 163 |
| 45 | 42 | 40 | 37 | 35 | 33 | 34 | 34 | 38 | 39 | 39 | 45 | |
| CWIP | 0 | 0 | 2 | 3 | 3 | 4 | 5 | 6 | 7 | 9 | 12 | 17 |
| Investments | 0 | 2 | 1 | 7 | 7 | 2 | 2 | 5 | 4 | 4 | 3 | 2 |
| 12 | 14 | 12 | 13 | 24 | 33 | 52 | 53 | 59 | 51 | 69 | 99 | |
| Total Assets | 57 | 58 | 55 | 61 | 69 | 72 | 93 | 99 | 108 | 103 | 124 | 163 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 6 | 5 | 9 | -2 | -7 | 25 | 12 | 4 | 2 | 16 | 3 | |
| -12 | -2 | 1 | -10 | 1 | 5 | -17 | -11 | -13 | 2 | -24 | -36 | |
| 11 | -8 | -6 | 1 | 1 | 2 | -8 | -1 | 8 | -4 | 8 | 33 | |
| Net Cash Flow | 4 | -3 | -0 | -0 | 1 | -0 | -0 | 0 | -0 | -0 | 0 | -0 |
| Free Cash Flow | -10 | 5 | 1 | 7 | -2 | -9 | 22 | 8 | -4 | -6 | 10 | -12 |
| CFO/OP | 117% | 65% | 107% | 172% | -32% | -99% | 91% | 228% | 120% | 259% | 169% | 62% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4 | 4 | 3 | 7 | 21 | 13 | 9 | 7 | 4 | 6 | 9 | 4 |
| Inventory Days | 588 | 399 | ||||||||||
| Days Payable | 101 | 83 | ||||||||||
| Cash Conversion Cycle | 4 | 4 | 3 | 7 | 21 | 13 | 9 | 7 | 4 | 6 | 496 | 320 |
| Working Capital Days | -91 | -35 | -11 | -26 | -6 | 29 | 65 | 75 | 88 | 100 | 106 | 130 |
| ROCE % | 6% | 15% | 6% | 7% | 5% | 8% | 42% | 7% | 5% | 1% | 13% | 7% |
Insights
In beta| Mar 2015 | Mar 2016 | Feb 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tea Production Volume Lac Kgs |
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| Total Number of Tea Estates Number |
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| Average Tea Sales Price Rs/Kg |
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| Total Permanent Employees Count |
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| Area Under Tea Cultivation Hectares |
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| Tea Sales Volume Lac Kgs |
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| Total Garden Area Hectares |
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Documents
Announcements
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Copy of Newspaper Publication
20 June 2026 - Newspaper notice issued for transfer of unclaimed equity shares to IEPF.
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Updates
19 June 2026 - Grob Tea notifies shareholders to claim unclaimed shares before 30 September 2026, else transfer to IEPF.
-
Copy of Newspaper Publication
12 June 2026 - Newspaper publication announces special window for re-lodgement of rejected physical share transfer deeds from Feb 5, 2026 to Feb 4, 2027.
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Copy of Newspaper Publication
15 May 2026 - Audited Q4 and FY2026 financial results published in Financial Express and Ekdin on 15 May 2026.
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General Updates
14 May 2026 - AGM on 11 August 2026; book closure 5-11 August; final dividend ₹2 per share proposed.
Business Overview:[1][2]
Company is engaged in Cultivation and Manufacturing of Tea, trading of LED lights and related products. It produces black tea of crush, tear and curl (CTC) variety, which it sells in the domestic market through a mix of auction and private sales. Company has six tea gardens located in upper Assam and Cachar district. The gardens are spread over 5,676 hectares, of which around 46% is under tea cultivation