Peria Karamalai Tea & Produce Company Ltd

₹ 237 -4.97%
27 Jan - close price
About

Peria Karamalai Tea & Produce Company is one of the group companies of LNB group. LNB group is one of India's leading diversified business conglomerate having its presence in Textiles, Corporate farming, Agriculture supply Chain management solutions, Tea, Health & Wellness, Private Equity, Financial services, Renewable energy. Peria Karamalai Tea & Produce Company is mainly engaged in the production and distribution of Tea, generation and distribution of power and investment in financial instruments. [1]

Key Points

Oldest player in Black Tea
Incorporated in 1913, Peria Karamalai Tea (PKT) is one of the oldest tea manufacturer in India with tea gardens located in Tamilnadu. It produces 5 million kgs of tea annually of which 1 million kg is orthodox variety. The company also offers some of the best CTC & Green teas in India. [1]

  • Market Cap 73.3 Cr.
  • Current Price 237
  • High / Low 364 / 205
  • Stock P/E
  • Book Value 593
  • Dividend Yield 0.42 %
  • ROCE 1.79 %
  • ROE 0.15 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.40 times its book value
  • Company has been maintaining a healthy dividend payout of 20.6%
  • Promoter holding has increased by 1.95% over last quarter.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.86% over past five years.
  • Company has a low return on equity of 1.50% over last 3 years.
  • Working capital days have increased from 351 days to 671 days

* 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

Consolidated Figures in Rs. Crores / View Standalone

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
8.74 11.03 8.33 16.36 25.96 17.31 13.16 13.45 11.44 10.87 11.44 8.23 17.94
8.77 8.90 9.69 10.10 16.24 8.08 9.36 7.74 7.91 10.92 13.48 9.30 16.00
Operating Profit -0.03 2.13 -1.36 6.26 9.72 9.23 3.80 5.71 3.53 -0.05 -2.04 -1.07 1.94
OPM % -0.34% 19.31% -16.33% 38.26% 37.44% 53.32% 28.88% 42.45% 30.86% -0.46% -17.83% -13.00% 10.81%
0.13 0.01 0.14 0.04 0.06 0.12 0.10 0.03 0.67 0.10 0.34 0.13 0.04
Interest 0.58 0.59 0.83 0.58 0.53 0.70 0.66 0.72 0.82 0.89 0.90 0.55 0.41
Depreciation 0.97 0.87 1.39 1.04 1.08 1.06 0.82 0.96 0.75 1.06 1.00 1.15 0.95
Profit before tax -1.45 0.68 -3.44 4.68 8.17 7.59 2.42 4.06 2.63 -1.90 -3.60 -2.64 0.62
Tax % 0.00% 0.00% -52.62% 0.00% 61.32% 72.86% 37.60% -0.49% 27.76% -16.32% 9.17% -3.03% -9.68%
Net Profit -1.45 0.69 -5.24 4.68 3.16 2.06 1.51 4.08 1.90 -2.21 -3.27 -2.71 0.68
EPS in Rs -4.68 2.23 -16.93 15.12 10.21 6.65 4.88 13.18 6.14 -7.14 -10.56 -8.75 2.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
34.95 29.94 40.09 36.97 30.63 39.65 45.23 49.87 49.20 39.38 72.79 47.20 48.48
34.97 34.21 38.93 36.13 34.42 39.32 41.00 40.51 39.91 34.82 43.77 40.05 49.70
Operating Profit -0.02 -4.27 1.16 0.84 -3.79 0.33 4.23 9.36 9.29 4.56 29.02 7.15 -1.22
OPM % -0.06% -14.26% 2.89% 2.27% -12.37% 0.83% 9.35% 18.77% 18.88% 11.58% 39.87% 15.15% -2.52%
6.66 77.34 2.31 3.02 2.65 1.09 0.49 0.41 0.32 0.40 0.30 1.14 0.61
Interest 0.32 0.34 0.11 0.32 0.52 1.18 0.70 0.71 2.08 2.53 2.47 3.33 2.75
Depreciation 0.98 1.35 1.57 1.56 2.31 2.37 2.26 2.53 3.47 4.24 4.00 3.77 4.16
Profit before tax 5.34 71.38 1.79 1.98 -3.97 -2.13 1.76 6.53 4.06 -1.81 22.85 1.19 -7.52
Tax % 9.74% 11.71% 19.55% 25.25% -3.78% -0.47% 43.18% 3.98% 28.08% -100.00% 50.11% 57.14%
Net Profit 4.82 63.01 1.44 1.48 -4.11 -2.14 1.00 6.27 2.93 -3.62 11.40 0.50 -7.51
EPS in Rs 15.57 203.53 4.65 4.78 -13.28 -6.91 3.23 20.25 9.46 -11.69 36.82 1.62 -24.25
Dividend Payout % 19.29% 2.46% 43.06% 31.42% -5.66% -10.86% 31.00% 3.71% 7.94% -4.28% 4.08% 62.00%
Compounded Sales Growth
10 Years: 5%
5 Years: 1%
3 Years: -1%
TTM: -12%
Compounded Profit Growth
10 Years: -23%
5 Years: -23%
3 Years: -55%
TTM: -179%
Stock Price CAGR
10 Years: %
5 Years: -16%
3 Years: 21%
1 Year: -19%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 2%
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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
3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10 3.10
Reserves 37.40 98.61 99.32 100.25 95.86 93.44 125.55 165.55 168.07 160.74 177.53 182.56 180.60
4.59 3.05 3.39 3.01 6.24 13.87 7.37 22.13 23.87 26.21 14.87 51.00 19.68
5.87 7.19 6.33 7.49 6.68 6.09 5.76 8.12 8.05 8.34 8.84 11.02 12.34
Total Liabilities 50.96 111.95 112.14 113.85 111.88 116.50 141.78 198.90 203.09 198.39 204.34 247.68 215.72
14.65 17.10 16.74 15.74 17.52 17.41 18.70 38.09 37.49 36.40 34.01 32.00 30.16
CWIP 0.00 0.00 0.00 0.00 1.12 0.03 1.87 1.68 1.65 1.10 1.52 1.51 1.61
Investments 10.16 72.57 70.82 63.83 62.98 65.71 89.89 130.24 127.71 110.49 132.34 113.79 118.18
26.15 22.28 24.58 34.28 30.26 33.35 31.32 28.89 36.24 50.40 36.47 100.38 65.77
Total Assets 50.96 111.95 112.14 113.85 111.88 116.50 141.78 198.90 203.09 198.39 204.34 247.68 215.72

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
3.86 -17.77 3.75 -4.18 -3.06 7.21 -3.85 6.32 -2.69 0.78 2.70 34.22
-2.41 21.68 0.22 -1.33 4.31 2.65 4.35 -16.95 4.00 6.35 -2.75 -24.87
-1.56 -1.85 -2.34 -1.41 -1.21 -1.46 -0.98 11.38 -2.95 -5.57 -1.50 -7.41
Net Cash Flow -0.11 2.06 1.63 -6.92 0.03 8.40 -0.48 0.75 -1.65 1.55 -1.55 1.94

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 27.88 37.91 6.10 34.16 28.48 21.91 25.90 23.20 28.93 19.65 14.59 23.82
Inventory Days 267.38 1,597.15 378.35 229.60 615.44 845.26 343.26
Days Payable 329.30 1,210.03 332.97 347.99 756.64 559.85 174.48
Cash Conversion Cycle 27.88 -24.01 6.10 34.16 415.60 67.28 -92.49 -118.00 314.35 19.65 183.37 23.82
Working Capital Days 160.20 96.80 84.31 237.54 251.44 146.74 102.00 49.40 94.14 246.27 135.44 671.38
ROCE % 7.32% -3.88% 1.55% 1.72% -3.82% -1.00% 2.00% 4.38% 3.13% 0.32% 13.08% 1.79%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

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