Norben Tea & Exports Ltd

₹ 14.8 2.93%
31 Jan - close price
About

Incorporated in 1990, Norben Tea & Exports Limited is engaged in the business of growing and manufacturing of Tea and providing Commission.

Key Points

Registration & Memberships:[1]
Norben Tea is a registered member of the Tea Board, the Tea Association of India (TAI), the Calcutta Tea Traders Association (CTTA) and the Siliguri Tea Auction Committee (STAC).

  • Market Cap 17.3 Cr.
  • Current Price 14.8
  • High / Low 15.0 / 4.75
  • Stock P/E 433
  • Book Value 13.2
  • Dividend Yield 0.00 %
  • ROCE 2.10 %
  • ROE -1.83 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.12 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.90% over past five years.
  • Company has a low return on equity of -1.61% 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
1.71 1.18 0.66 1.55 3.12 1.79 0.97 1.41 1.95 1.86 0.75 2.16 2.81
1.51 1.30 1.51 1.00 1.70 1.45 0.89 1.00 1.37 1.62 1.06 1.57 2.07
Operating Profit 0.20 -0.12 -0.85 0.55 1.42 0.34 0.08 0.41 0.58 0.24 -0.31 0.59 0.74
OPM % 11.70% -10.17% -128.79% 35.48% 45.51% 18.99% 8.25% 29.08% 29.74% 12.90% -41.33% 27.31% 26.33%
0.01 0.18 -0.00 0.01 0.04 -0.00 0.03 -0.00 -0.00 -0.00 0.06 -0.00 -0.00
Interest 0.21 0.19 0.15 0.12 0.34 0.03 0.19 0.02 0.14 0.30 0.20 0.07 0.10
Depreciation 0.08 0.08 0.23 0.10 0.09 0.11 0.21 0.12 0.12 0.12 0.18 0.14 0.14
Profit before tax -0.08 -0.21 -1.23 0.34 1.03 0.20 -0.29 0.27 0.32 -0.18 -0.63 0.38 0.50
Tax % -0.00% -0.00% -8.13% -0.00% -0.00% -0.00% -41.38% -0.00% -0.00% -0.00% -9.52% -0.00% -0.00%
Net Profit -0.08 -0.21 -1.32 0.34 1.03 0.20 -0.40 0.27 0.33 -0.17 -0.69 0.39 0.51
EPS in Rs -0.07 -0.18 -1.12 0.29 0.88 0.17 -0.34 0.23 0.28 -0.14 -0.59 0.33 0.43
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
3.49 3.50 4.60 3.93 3.73 4.72 4.70 4.64 5.40 4.87 7.46 5.97 7.58
2.43 2.25 3.26 3.46 3.48 4.22 4.12 4.59 4.72 5.26 5.05 5.06 6.32
Operating Profit 1.06 1.25 1.34 0.47 0.25 0.50 0.58 0.05 0.68 -0.39 2.41 0.91 1.26
OPM % 30.37% 35.71% 29.13% 11.96% 6.70% 10.59% 12.34% 1.08% 12.59% -8.01% 32.31% 15.24% 16.62%
0.17 0.08 0.20 0.38 0.62 0.17 0.41 0.76 -0.05 0.07 0.06 0.07 0.06
Interest 0.23 0.25 0.46 0.30 0.33 0.36 0.47 0.51 0.58 0.72 0.68 0.66 0.67
Depreciation 0.30 0.32 0.32 0.32 0.23 0.25 0.36 0.38 0.43 0.47 0.50 0.52 0.58
Profit before tax 0.70 0.76 0.76 0.23 0.31 0.06 0.16 -0.08 -0.38 -1.51 1.29 -0.20 0.07
Tax % 25.71% 18.42% 28.95% 43.48% 25.81% 33.33% 100.00% 25.00% -18.42% -6.62% 9.30% -30.00%
Net Profit 0.52 0.62 0.55 0.13 0.23 0.03 0.01 -0.05 -0.45 -1.61 1.18 -0.27 0.04
EPS in Rs 0.44 0.53 0.47 0.11 0.20 0.03 0.01 -0.04 -0.38 -1.37 1.00 -0.23 0.03
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: 5%
5 Years: 5%
3 Years: 3%
TTM: 24%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 6%
TTM: -90%
Stock Price CAGR
10 Years: 11%
5 Years: 15%
3 Years: 56%
1 Year: 63%
Return on Equity
10 Years: 0%
5 Years: -1%
3 Years: -2%
Last Year: -2%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75
Reserves 3.09 3.06 3.62 3.65 3.88 3.91 4.08 4.01 3.55 1.93 3.10 2.86 3.75
2.44 2.34 1.99 2.23 2.74 3.34 4.54 5.49 6.43 7.58 6.58 7.70 8.39
0.62 0.42 0.43 0.54 0.64 0.82 0.73 0.83 0.91 1.40 1.53 1.79 1.62
Total Liabilities 17.90 17.57 17.79 18.17 19.01 19.82 21.10 22.08 22.64 22.66 22.96 24.10 25.51
13.74 14.06 14.60 14.97 15.62 16.17 16.70 18.43 19.13 19.47 20.19 20.73 21.31
CWIP -0.00 -0.00 -0.00 -0.00 -0.00 0.17 0.62 -0.00 -0.00 -0.00 -0.00 0.19 0.12
Investments -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
4.16 3.51 3.19 3.20 3.39 3.48 3.78 3.65 3.51 3.19 2.77 3.18 4.08
Total Assets 17.90 17.57 17.79 18.17 19.01 19.82 21.10 22.08 22.64 22.66 22.96 24.10 25.51

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
0.77 0.78 1.62 -0.76 0.66 0.57 0.37 1.03 0.55 0.19 2.35 0.59
-0.39 -0.29 -0.86 0.71 -0.70 -0.85 -1.23 -1.33 -1.02 -0.67 -1.19 -1.24
-0.28 -0.34 -0.77 0.05 0.20 0.24 0.76 0.40 0.40 0.56 -1.21 0.47
Net Cash Flow 0.10 0.15 -0.01 -0.00 0.16 -0.04 -0.10 0.10 -0.07 0.09 -0.05 -0.18

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 24.05 16.69 10.32 13.93 19.57 17.01 17.86 12.59 24.33 17.24 13.70 17.12
Inventory Days
Days Payable
Cash Conversion Cycle 24.05 16.69 10.32 13.93 19.57 17.01 17.86 12.59 24.33 17.24 13.70 17.12
Working Capital Days 120.27 144.96 97.60 143.96 164.40 122.96 131.24 99.90 77.06 22.48 3.91 20.18
ROCE % 5.45% 6.04% 7.07% 4.17% 3.50% 2.25% 3.20% 2.07% 1.58% -3.68% 9.23% 2.10%

Shareholding Pattern

Numbers in percentages

2 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
51.44 51.44 51.44 51.44 51.44 51.44 51.44 51.44 51.44 51.44 51.45 51.45
0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12
48.43 48.43 48.43 48.43 48.43 48.43 48.43 48.43 48.43 48.43 48.43 48.42

* 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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