Rossell India Ltd
Rossell India Ltd was incorporated in 1994 by Mr. H.M. Gupta [1] as Rossell Tea Ltd. It added Aviation and Defence manufacturing and service capabilities for its growth. On 19th April 2011, the company named itself Rossell India Ltd to represent its diverse business. The company has two divisions, namely Tea and Aerospace Defence (Engineering, Manufacturing, and Services). It has spent 27 years in the Tea division and 9 years in the A&D division. [2] The company’s promoter has around three decades of experience in the tea industry. In FY 2013, the company entered the hospitality division but was discontinued from October 1, 2019. [3]
- Market Cap ₹ 1,887 Cr.
- Current Price ₹ 501
- High / Low ₹ 550 / 221
- Stock P/E 163
- Book Value ₹ 76.0
- Dividend Yield 0.08 %
- ROCE 10.1 %
- ROE 10.3 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 6.58 times its book value
- Tax rate seems low
- Company has a low return on equity of 12.2% over last 3 years.
- Dividend payout has been low at 4.18% of profits over last 3 years
- Debtor days have increased from 41.0 to 49.3 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.
Peer comparison
Sector: Diversified Industry: Diversified - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
82 | 106 | 141 | 140 | 161 | 163 | 198 | 249 | 309 | 322 | 299 | 354 | 354 | |
56 | 77 | 104 | 120 | 137 | 159 | 185 | 228 | 260 | 253 | 254 | 301 | 318 | |
Operating Profit | 26 | 29 | 37 | 20 | 24 | 4 | 13 | 21 | 50 | 69 | 45 | 53 | 36 |
OPM % | 31% | 28% | 26% | 14% | 15% | 2% | 7% | 8% | 16% | 22% | 15% | 15% | 10% |
-0 | 15 | 4 | 3 | 5 | 3 | 2 | 0 | 3 | -0 | 11 | 4 | 4 | |
Interest | 1 | 2 | 9 | 7 | 7 | 6 | 7 | 11 | 12 | 16 | 10 | 12 | 12 |
Depreciation | 2 | 3 | 4 | 10 | 10 | 9 | 10 | 10 | 9 | 12 | 12 | 14 | 14 |
Profit before tax | 23 | 39 | 29 | 6 | 12 | -8 | -2 | 0 | 32 | 41 | 33 | 31 | 14 |
Tax % | 18% | 22% | 29% | 30% | 21% | 83% | 115% | -46% | 42% | 20% | 10% | 12% | |
19 | 30 | 20 | 4 | 10 | -1 | 0 | 1 | 19 | 33 | 30 | 27 | 12 | |
EPS in Rs | 5.10 | 8.25 | 5.56 | 1.09 | 2.61 | -0.36 | 0.07 | 0.16 | 5.05 | 8.97 | 8.11 | 7.26 | 3.08 |
Dividend Payout % | 8% | 6% | 9% | 46% | 19% | -56% | 0% | 0% | 4% | 3% | 4% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 5% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 201% |
3 Years: | 13% |
TTM: | -67% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 43% |
3 Years: | 58% |
1 Year: | 42% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 10% |
3 Years: | 12% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 |
Reserves | 160 | 187 | 205 | 203 | 211 | 162 | 161 | 162 | 179 | 209 | 239 | 279 | |
9 | 58 | 58 | 55 | 72 | 81 | 100 | 130 | 195 | 177 | 153 | 162 | ||
10 | 18 | 24 | 26 | 29 | 26 | 29 | 39 | 52 | 43 | 49 | 66 | ||
Total Liabilities | 187 | 271 | 294 | 292 | 318 | 277 | 298 | 338 | 433 | 436 | 448 | 514 | |
117 | 181 | 197 | 199 | 212 | 174 | 176 | 172 | 166 | 242 | 234 | 250 | ||
CWIP | 0 | 0 | 2 | 1 | 2 | 6 | 8 | 15 | 92 | 11 | 9 | 5 | |
Investments | 37 | 61 | 68 | 49 | 46 | 21 | 18 | 19 | 19 | 19 | 19 | 34 | |
32 | 29 | 28 | 43 | 57 | 77 | 96 | 132 | 156 | 164 | 186 | 224 | ||
Total Assets | 187 | 271 | 294 | 292 | 318 | 277 | 298 | 338 | 433 | 436 | 448 | 514 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
21 | 21 | 24 | -2 | 7 | -4 | -3 | -5 | 28 | 35 | 34 | 25 | |
-9 | -74 | -24 | 7 | -18 | 5 | -8 | -13 | -82 | -4 | -0 | -40 | |
-7 | 48 | -3 | -5 | 12 | 1 | 9 | 19 | 53 | -33 | -33 | 14 | |
Net Cash Flow | 5 | -5 | -3 | -0 | 2 | 2 | -3 | 1 | -0 | -1 | 1 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 27 | 24 | 9 | 46 | 46 | 41 | 27 | 27 | 31 | 33 | 40 | 49 |
Inventory Days | 607 | 557 | 514 | 421 | 489 | 604 | 582 | |||||
Days Payable | 99 | 110 | 93 | 97 | 45 | 116 | 106 | |||||
Cash Conversion Cycle | 27 | 24 | 9 | 46 | 46 | 549 | 474 | 448 | 354 | 478 | 528 | 526 |
Working Capital Days | 23 | -17 | -27 | 10 | 26 | 54 | 82 | 106 | 103 | 135 | 161 | 162 |
ROCE % | 14% | 13% | 13% | 4% | 6% | -2% | 2% | 4% | 13% | 15% | 9% | 10% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Nov
- Results - Financial Results 09/30/2023 6 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Oct
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Oct
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Segments
Rossell Tea Division: 47% in FY23**
The production in North India stands at 66 mn kgs compared to 54 mn kgs in FY22. [1]