Jay Shree Tea & Industries Ltd

Jay Shree Tea & Industries Ltd

₹ 121 -0.71%
16 Jul 11:10 a.m.
About

Incorporated in 1945, Jay Shree
Tea & Industries Ltd manufactures
tea, sugar, chemicals & fertilizers,
and does warehousing activities[1]

Key Points

Business Overview:[1][2][3]
JSTIL is a part of the B.K Birla Group and is a manufacturer, exporter, and planter of bulk tea (in both CTC and orthodox varieties) in over 17 estates across all tea-growing regions in India and East Africa. Company is also in the manufacturing of sugar, ethanol, and fertilizers. Besides this, the company is engaged in tea warehousing and
investing activities.

  • Market Cap 351 Cr.
  • Current Price 121
  • High / Low 134 / 85.8
  • Stock P/E
  • Book Value 94.2
  • Dividend Yield 0.00 %
  • ROCE 2.93 %
  • ROE -3.35 %
  • Face Value 5.00

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.93% over past five years.
  • Company has a low return on equity of -7.93% over last 3 years.
  • Earnings include an other income of Rs.109 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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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
159 86 198 223 132 156 233 263 142 176 232 203 137
203 80 158 208 198 142 191 261 189 183 208 217 186
Operating Profit -44 6 41 15 -65 14 42 2 -47 -8 24 -14 -50
OPM % -28% 7% 21% 7% -49% 9% 18% 1% -33% -4% 10% -7% -36%
9 6 2 1 25 6 1 3 54 37 2 30 39
Interest 10 5 9 9 9 7 9 9 9 8 9 9 11
Depreciation 6 3 6 6 5 5 6 5 6 5 5 5 6
Profit before tax -51 3 28 2 -55 7 28 -9 -8 16 12 2 -27
Tax % -1% 0% 0% -1,210% 21% 0% 0% 0% -26% 0% 0% 0% 45%
-51 3 28 25 -43 7 28 -9 -10 16 12 2 -15
EPS in Rs -17.78 1.10 9.59 8.66 -14.89 2.40 9.63 -3.20 -3.30 5.67 4.16 0.60 -5.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
669 700 685 696 538 551 561 486 781 709 794 748
593 680 668 674 520 527 529 522 722 711 783 795
Operating Profit 76 19 17 22 18 24 32 -36 59 -2 11 -47
OPM % 11% 3% 2% 3% 3% 4% 6% -7% 8% -0% 1% -6%
28 45 23 24 27 27 28 80 23 31 63 109
Interest 38 47 47 46 35 34 40 42 48 36 34 37
Depreciation 13 15 14 16 15 15 16 17 24 22 22 21
Profit before tax 53 2 -21 -16 -5 3 5 -15 10 -29 18 3
Tax % 24% -57% 10% -18% -87% -14% 39% -85% 5% 121% 11% -351%
40 3 -19 -19 -10 3 3 -28 10 6 16 16
EPS in Rs 13.88 1.16 -6.59 -6.63 -3.42 1.17 1.07 -9.65 3.36 2.05 5.52 5.38
Dividend Payout % 29% 173% -15% -15% -15% 43% 33% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 1%
5 Years: 6%
3 Years: -1%
TTM: -6%
Compounded Profit Growth
10 Years: 5%
5 Years: %
3 Years: %
TTM: 74%
Stock Price CAGR
10 Years: 2%
5 Years: 19%
3 Years: 3%
1 Year: 36%
Return on Equity
10 Years: -7%
5 Years: -11%
3 Years: -8%
Last Year: -3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 14 14 14 14 14 14 14 14 14 14 14 14
Reserves 377 381 356 334 257 262 255 223 204 218 231 257
423 504 436 382 385 427 462 389 376 302 300 321
200 201 244 252 126 123 162 216 311 332 417 429
Total Liabilities 1,014 1,100 1,051 983 783 826 894 843 906 867 963 1,022
294 315 310 322 216 218 226 215 439 438 427 465
CWIP 2 9 16 4 10 18 23 23 17 8 7 10
Investments 243 247 239 248 269 287 286 244 123 90 89 71
475 530 486 408 289 302 359 361 328 331 440 477
Total Assets 1,014 1,100 1,051 983 783 826 894 843 906 867 963 1,022

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
61 63 62 59 16 46 44 41 131 9 -38 -16
45 -27 25 -29 -16 -52 -42 76 115 46 72 33
-54 16 -118 -102 -4 7 -6 -117 -257 -53 -38 -17
Net Cash Flow 52 52 -31 -72 -5 1 -3 1 -11 2 -4 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 44 39 45 43 52 43 36 36 26 28 24 25
Inventory Days 340 269 296 289 234 208 296 222 190 187 290 302
Days Payable 168 150 212 220 96 82 122 160 135 73 122 160
Cash Conversion Cycle 216 158 129 112 190 170 210 98 82 142 192 167
Working Capital Days 72 86 42 23 44 59 86 95 12 2 20 7
ROCE % 11% 2% 2% 3% 3% 4% 5% -5% 8% -3% 0% 3%

Shareholding Pattern

Numbers in percentages

10 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.38% 50.38% 50.38% 50.43% 50.43% 50.43% 50.43% 50.43% 50.43% 50.68% 50.68% 50.68%
4.85% 5.14% 5.28% 5.27% 4.93% 4.89% 5.00% 4.85% 4.85% 4.88% 4.97% 5.04%
0.81% 0.81% 0.81% 0.81% 0.81% 0.81% 0.81% 0.81% 0.81% 0.81% 0.81% 0.73%
43.96% 43.66% 43.53% 43.49% 43.83% 43.87% 43.76% 43.91% 43.92% 43.63% 43.53% 43.54%
No. of Shareholders 24,64327,12725,60725,31525,42725,52224,99124,63123,98924,10823,60322,215

* 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.

Click on the line-items to see the names of individual entities.

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