Jay Shree Tea & Industries Ltd

Jay Shree Tea & Industries Ltd

₹ 115 3.09%
18 Jun - close price
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 333 Cr.
  • Current Price 115
  • High / Low 134 / 85.8
  • Stock P/E
  • Book Value 101
  • Dividend Yield 0.00 %
  • ROCE 2.22 %
  • ROE -4.33 %
  • Face Value 5.00

Pros

  • Stock is trading at 1.14 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.11% over past five years.
  • Company has a low return on equity of -5.50% over last 3 years.
  • Earnings include an other income of Rs.108 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

Consolidated Figures in Rs. Crores / View Standalone

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
164 159 203 226 138 161 238 267 147 180 236 206 139
208 152 162 211 203 148 198 264 195 188 212 221 190
Operating Profit -44 7 41 15 -65 13 40 3 -48 -8 24 -15 -51
OPM % -27% 4% 20% 7% -47% 8% 17% 1% -33% -4% 10% -7% -36%
1 4 2 1 25 -54 3 3 48 38 2 30 39
Interest 10 9 10 10 10 8 10 10 9 8 10 9 11
Depreciation 6 6 6 6 6 6 6 5 6 6 5 6 6
Profit before tax -60 -4 27 0 -56 -54 27 -8 -15 16 11 1 -29
Tax % -1% 1% -0% -7,076% 21% 0% 3% -2% -10% -1% -5% 68% 47%
-44 -4 27 24 -25 -54 26 -8 -11 16 11 0 -15
EPS in Rs -15.14 -1.23 9.46 8.20 -8.54 -18.78 9.09 -2.84 -3.79 5.55 3.92 0.07 -5.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
710 745 721 744 723 755 757 717 802 726 813 761
625 721 702 704 676 743 735 766 741 726 804 810
Operating Profit 85 24 19 40 47 12 22 -48 61 -0 9 -49
OPM % 12% 3% 3% 5% 7% 2% 3% -7% 8% -0% 1% -6%
30 48 22 28 26 48 42 61 15 31 0 108
Interest 42 51 51 48 42 43 49 59 48 38 37 38
Depreciation 14 17 16 19 18 18 19 25 25 24 23 22
Profit before tax 59 4 -26 2 13 0 -4 -71 3 -31 -50 -1
Tax % 24% -32% 10% 497% 57% -2,688% 2% -16% 22% 113% -4% 2,506%
45 5 -23 -7 17 34 -4 -102 19 24 -47 13
EPS in Rs 15.38 1.68 -7.92 -2.82 5.88 11.85 -1.22 -35.38 6.60 8.18 -16.32 4.50
Dividend Payout % 26% 119% -13% -36% 7% 3% -22% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 0%
5 Years: 0%
3 Years: -2%
TTM: -6%
Compounded Profit Growth
10 Years: 5%
5 Years: 6%
3 Years: %
TTM: 66%
Stock Price CAGR
10 Years: 2%
5 Years: 17%
3 Years: 3%
1 Year: 25%
Return on Equity
10 Years: -6%
5 Years: -12%
3 Years: -6%
Last Year: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 11 11 11 11 11 11 11 14
Reserves 428 440 410 386 286 322 311 203 230 263 210 276
Preference Capital -0 -0 -0 -0 -0 -0 -0 -0 13 14 16
497 571 497 429 440 468 515 511 377 319 301 323
224 221 264 278 322 330 423 455 327 352 394 430
Total Liabilities 1,163 1,247 1,186 1,107 1,060 1,131 1,260 1,180 945 947 916 1,044
349 383 373 384 317 323 343 448 464 463 448 485
CWIP 5 11 19 8 16 22 104 29 17 8 7 10
Investments 295 293 280 283 251 296 288 186 134 132 14 66
514 560 513 432 476 490 526 516 330 344 447 484
Total Assets 1,163 1,247 1,186 1,107 1,060 1,131 1,260 1,180 945 947 916 1,044

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
89 63 67 81 51 11 63 8 121 10 -36 -16
24 -27 28 -31 -18 9 -69 67 105 34 89 33
-61 8 -127 -118 -32 -17 -4 -63 -238 -43 -58 -16
Net Cash Flow 52 44 -32 -68 1 2 -10 12 -11 2 -5 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 42 38 44 42 41 36 29 29 26 28 23 25
Inventory Days 341 265 292 291 358 291 374 349 191 189 290 300
Days Payable 162 144 207 217 298 257 354 317 134 74 121 158
Cash Conversion Cycle 221 159 129 116 101 70 50 62 83 143 193 167
Working Capital Days 69 79 47 27 23 25 12 1 12 3 40 8
ROCE % 10% 2% 2% 5% 5% 2% 4% -5% 7% -2% 0%

Shareholding Pattern

Numbers in percentages

2 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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