Mcleod Russel India Ltd

₹ 34.0 -2.69%

23 Mar 9:38 a.m.

mcleodrussel.com BSE: 532654 NSE: MCLEODRUSS

About

Incorporated in 1998, McLeod Russel
India Ltd is in the business of cultivation
and manufacturing of tea^[1]

Key Points

Business Overview:^[1]^[2]
MLRL is a tea plantation company of Kolkata-based B.M. Khaitan Group and was formed
after the demerger of the bulk tea business from Eveready Industries India Ltd. It is in the business of cultivation, manufacture, and sale
of tea and is managed as a single-unit organization.

Website BSE NSE

Market Cap ₹ 355 Cr.
Current Price ₹ 34.0
High / Low ₹ 68.7 / 29.4
Stock P/E
Book Value ₹ 6.08
Dividend Yield 0.00 %
ROCE -1.85 %
ROE -142 %
Face Value ₹ 5.00

Add ratio to table

Edit ratios

Pros

Cons

Stock is trading at 5.72 times its book value
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 0.73% over past five years.
Promoter holding is low: 6.24%
Company has a low return on equity of -39.3% 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

Fast Moving Consumer Goods Fast Moving Consumer Goods Agricultural Food & other Products Tea & Coffee

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	489	226	226	366	349	195	197	453	371	165	216	363	445
	517	326	231	243	389	381	185	295	397	291	209	264	438
Operating Profit	-28	-100	-5	123	-40	-186	12	158	-26	-125	7	98	8
OPM %	-6%	-44%	-2%	34%	-12%	-96%	6%	35%	-7%	-76%	3%	27%	2%
	3	-928	3	2	5	6	21	1	1	1	2	1	0
Interest	40	74	55	48	47	54	48	49	62	67	46	47	44
Depreciation	18	17	16	18	16	16	15	15	15	16	15	15	15
Profit before tax	-84	-1,120	-73	60	-98	-250	-30	95	-102	-207	-52	37	-51
Tax %	-16%	-4%	-1%	-3%	-17%	-13%	-31%	11%	-15%	-16%	-16%	22%	-28%
	-71	-1,078	-73	61	-82	-218	-21	85	-87	-174	-43	29	-36
EPS in Rs	-6.78	-103.23	-6.96	5.85	-7.82	-20.91	-1.98	8.09	-8.36	-16.70	-4.16	2.78	-3.49
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	1,789	1,646	1,926	1,871	2,055	1,723	1,143	1,438	1,356	1,370	1,136	1,185	1,190
	1,436	1,516	1,754	1,761	1,903	1,763	1,101	1,243	1,288	1,275	1,245	1,164	1,201
Operating Profit	353	130	172	110	152	-41	42	195	68	95	-109	21	-12
OPM %	20%	8%	9%	6%	7%	-2%	4%	14%	5%	7%	-10%	2%	-1%
	42	43	88	184	382	523	73	20	10	-918	17	22	4
Interest	60	72	109	136	180	338	227	205	165	201	203	226	204
Depreciation	38	77	102	104	102	84	78	90	75	70	66	61	61
Profit before tax	297	25	49	55	252	61	-189	-80	-162	-1,093	-362	-245	-272
Tax %	12%	-38%	29%	-18%	13%	36%	-22%	-34%	12%	-3%	-14%	-19%
	261	33	35	64	219	39	-148	-52	-181	-1,057	-312	-198	-225
EPS in Rs	23.49	2.85	2.56	5.35	19.00	3.05	-14.15	-5.02	-17.32	-101.14	-29.83	-18.94	-21.57
Dividend Payout %	30%	105%	59%	4%	2%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	-3%
5 Years:	1%
3 Years:	-4%
TTM:	-2%

Compounded Profit Growth
10 Years:	%
5 Years:	-3%
3 Years:	-7%
TTM:	14%

Stock Price CAGR
10 Years:	-15%
5 Years:	10%
3 Years:	22%
1 Year:	-10%

Return on Equity
10 Years:	-7%
5 Years:	-17%
3 Years:	-39%
Last Year:	-142%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	55	55	41	41	46	44	52	52	52	52	52	52	52
Reserves	2,102	2,037	1,909	1,918	2,121	1,971	1,802	1,771	1,596	517	198	4	11
	304	602	836	936	1,091	1,812	2,346	2,261	2,089	1,961	1,892	1,902	1,911
	427	395	604	557	585	733	735	824	1,025	1,209	1,394	1,636	1,782
Total Liabilities	2,888	3,089	3,390	3,452	3,843	4,559	4,935	4,908	4,763	3,740	3,536	3,594	3,756
	2,073	2,165	2,164	2,137	2,120	1,475	1,426	1,397	1,395	1,386	1,280	1,260	1,244
CWIP	53	63	96	91	107	89	93	67	56	47	45	41	47
Investments	13	12	78	72	96	101	11	53	62	52	62	58	70
	749	848	1,051	1,151	1,520	2,893	3,406	3,391	3,250	2,254	2,148	2,234	2,395
Total Assets	2,888	3,089	3,390	3,452	3,843	4,559	4,935	4,908	4,763	3,740	3,536	3,594	3,756

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	197	108	207	137	196	280	84	178	105	205	34	72
	-135	-271	-289	-68	-147	-323	-740	-1	-57	-42	57	-19
	-60	159	85	-64	-28	320	362	-132	-120	-174	-100	-50
Net Cash Flow	2	-5	3	5	21	277	-295	45	-72	-11	-9	3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	10	19	24	21	22	8	11	8	13	11	15	15
Inventory Days	281	354	244	274	251	275	486	352	288	422	343
Days Payable	101	169	132	135	136	212	223	192	204	349	345
Cash Conversion Cycle	189	204	135	161	137	71	273	168	97	84	13	15
Working Capital Days	-14	0	14	7	58	-345	-734	-624	-661	-708	-933	-938
ROCE %	15%	4%	6%	6%	8%	3%	-0%	3%	0%	1%	-7%	-2%

Insights

In beta

Mar 2014

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Number of Tea Estates (India)
Number ・Standalone data

xx	xx	xx	xx	xx	xx	xx	xx	xx	xx	xx	xx
xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
xxx.xx	xxx.xx	xxx.xx		xxx.xx		xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
xx,xxx.xx	xx,xxx.xx	xx,xxx.xx	xx,xxx.xx				x,xxx.xx	x,xxx.xx	xx,xxx.xx	xx,xxx.xx
		xx,xxx		xx,xxx	xx,xxx	xx,xxx	xx,xxx		xx,xxx	xx,xxx	xx,xxx
				xx.xx		xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
				xx.xx			x.xx	x.xx	xx.xx	x.xx
				x,xxx			x,xxx	x,xxx	x,xxx	x,xxx

Please log in to see hidden values.

Total Saleable Production (India)
Lakh Kg ・Standalone data

Average Selling Price (India)
Rs./Kg ・Standalone data

Area Under Cultivation (India)
Hectares ・Standalone data

Total Personnel Employed
Number

Own Leaf Production (India)
Million Kg ・Standalone data

Bought Leaf Production (India)
Million Kg ・Standalone data

Tea Yield (Own Leaf)
Kg/Hectare ・Standalone data

Shareholding Pattern

Numbers in percentages

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	6.25%	6.25%	6.25%	6.25%	6.25%	6.25%	6.25%	6.25%	6.25%	6.25%	6.25%	6.25%
	0.01%	0.00%	0.04%	1.37%	2.15%	1.60%	1.86%	1.37%	1.48%	1.56%	1.50%	1.43%
	1.48%	1.34%	1.34%	1.34%	1.34%	1.31%	1.31%	1.29%	1.28%	1.28%	1.25%	0.61%
	92.26%	92.41%	92.38%	91.04%	90.26%	90.85%	90.59%	91.10%	91.00%	90.92%	91.01%	91.71%
No. of Shareholders	66,997	66,906	66,980	65,985	65,501	64,865	65,826	64,587	63,580	62,795	63,840	61,762

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Dec 2025
	49.89%	40.76%	42.71%	27.00%	17.48%	6.25%	6.25%	6.25%	6.25%	6.25%
	17.55%	23.19%	23.14%	0.87%	0.69%	2.21%	0.01%	2.15%	1.48%	1.43%
	14.50%	12.94%	16.16%	9.43%	1.48%	1.48%	1.48%	1.34%	1.28%	0.61%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.00%	0.00%	0.00%
	18.06%	23.12%	18.00%	62.70%	80.35%	90.04%	92.26%	90.26%	91.00%	91.71%
No. of Shareholders	65,394	57,442	55,327	60,779	60,852	70,260	66,997	65,501	63,580	61,762

* 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.

Mcleod Russel India Ltd

Mcleod Russel India Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings