Rossell India Ltd

₹ 373 0.67%
25 Nov - close price
About

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]

Key Points

Business Segments
The Company is engaged in the following businesses:
Rossell Tea Division:
Cultivation, Manufacture, and Sale of Black Tea. (primarily the orthodox variety of tea)
Segment contributed 46% of Revenue in FY20 [1] which used to be 75% in FY16. [2]

  • Market Cap 1,369 Cr.
  • Current Price 373
  • High / Low 385 / 113
  • Stock P/E 38.8
  • Book Value 82.3
  • Dividend Yield 0.08 %
  • ROCE 9.23 %
  • ROE 10.3 %
  • Face Value 2.00

Pros

Cons

  • Tax rate seems low
  • Company might be capitalizing the interest cost

* 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
67 65 95 84 55 70 119
82 54 61 72 66 57 72
Operating Profit -16 11 34 12 -12 12 47
OPM % -24% 17% 35% 14% -21% 18% 40%
1 7 1 1 2 0 1
Interest 3 3 3 3 2 3 3
Depreciation 3 3 3 3 3 3 4
Profit before tax -21 13 28 7 -14 6 42
Tax % -7% 10% 11% 13% 13% 10% 13%
Net Profit -23 11 25 6 -12 5 36
EPS in Rs -6.23 3.09 6.88 1.56 -3.35 1.47 9.93
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2021 Mar 2022 TTM
59 80 80 82 106 142 141 161 163 198 322 299 328
48 53 54 56 77 104 120 137 159 185 253 254 268
Operating Profit 12 26 25 26 29 38 21 24 4 13 69 45 60
OPM % 19% 33% 32% 31% 28% 27% 15% 15% 2% 7% 22% 15% 18%
1 2 1 -0 15 4 3 5 3 2 -0 11 5
Interest 2 2 1 1 2 9 8 7 6 7 16 10 11
Depreciation 1 2 2 2 3 4 10 10 9 10 12 12 13
Profit before tax 9 24 23 23 39 29 6 12 -8 -2 41 33 40
Tax % 35% 23% 21% 18% 22% 29% 29% 21% 83% 115% 20% 10%
Net Profit 6 19 18 19 30 20 4 10 -1 0 33 30 35
EPS in Rs 1.74 5.14 4.93 5.08 8.25 5.57 1.17 2.60 -0.36 0.07 8.97 8.18 9.61
Dividend Payout % 17% 8% 8% 8% 6% 9% 43% 19% -56% -0% 3% 4%
Compounded Sales Growth
10 Years: 14%
5 Years: 13%
3 Years: %
TTM: -7%
Compounded Profit Growth
10 Years: 2%
5 Years: 55%
3 Years: %
TTM: -31%
Stock Price CAGR
10 Years: 24%
5 Years: 23%
3 Years: 68%
1 Year: 185%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2021 Mar 2022 Sep 2022
7 7 7 7 7 7 7 7 7 7 7 7 7
Reserves 110 126 142 160 187 206 206 214 162 161 209 239 295
23 28 14 9 58 58 55 72 81 100 177 153 157
10 11 10 10 18 24 26 29 26 29 43 48 50
Total Liabilities 150 173 174 187 271 296 294 322 277 297 436 448 508
110 114 114 117 181 197 199 212 174 176 242 234 245
CWIP 1 0 0 0 0 2 1 2 6 8 11 9 8
Investments 20 33 33 37 61 57 33 26 21 18 19 18 18
19 26 27 33 29 40 61 81 77 96 164 186 237
Total Assets 150 173 174 187 271 296 294 322 277 297 436 448 508

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2021 Mar 2022
6 21 15 21 21 24 -2 7 -4 -3 35 33
-19 -18 -3 -9 -74 -24 11 -13 5 -8 -4 0
14 3 -16 -7 48 -3 -10 8 1 9 -33 -33
Net Cash Flow 1 6 -3 5 -5 -3 -0 2 2 -3 -1 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2021 Mar 2022
Debtor Days 14 12 18 27 24 9 45 46 41 27 33 40
Inventory Days 607 557 489 603
Days Payable 99 110 45 116
Cash Conversion Cycle 14 12 18 27 24 9 45 46 549 474 477 528
Working Capital Days 50 37 16 23 -18 5 37 30 54 82 135 162
ROCE % 10% 18% 15% 14% 13% 13% 4% 6% -2% 2% 9%

Shareholding Pattern

Numbers in percentages

7 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
74.87 74.91 74.91 74.91 74.91 74.91 74.91 74.91 74.91 74.91 74.91 74.91
7.67 7.67 7.67 7.47 7.41 7.29 0.70 0.00 0.47 1.46 1.51 1.61
0.26 0.25 0.25 0.25 0.25 0.25 0.38 0.27 0.24 1.24 1.77 1.77
17.20 17.17 17.17 17.37 17.43 17.55 24.01 24.82 24.37 22.39 21.81 21.72

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