United Nilgiri Tea Estates Company Ltd
Incorporated in 1922, United Nilgiri Tea Estates & Company Ltd does growing and manufacture of Tea besides Letting-out of property[1]
- Market Cap ₹ 244 Cr.
- Current Price ₹ 488
- High / Low ₹ 520 / 292
- Stock P/E 16.3
- Book Value ₹ 409
- Dividend Yield 0.55 %
- ROCE 10.4 %
- ROE 8.19 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.19 times its book value
Cons
- The company has delivered a poor sales growth of 5.04% over past five years.
- Company has a low return on equity of 6.70% over last 3 years.
- Earnings include an other income of Rs.7.58 Cr.
- Dividend payout has been low at 10.7% of profits over last 3 years
- Debtor days have increased from 39.8 to 56.0 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: Plantation & Plantation Products Industry: Tea
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
37 | 49 | 51 | 57 | 54 | 62 | 66 | 63 | 66 | 76 | 84 | 84 | 88 | |
29 | 38 | 39 | 42 | 42 | 49 | 52 | 50 | 56 | 65 | 70 | 68 | 73 | |
Operating Profit | 8 | 11 | 12 | 14 | 13 | 13 | 14 | 13 | 11 | 11 | 14 | 16 | 15 |
OPM % | 21% | 23% | 24% | 25% | 23% | 21% | 21% | 20% | 16% | 15% | 16% | 20% | 17% |
1 | 1 | 2 | 2 | 2 | 5 | 6 | 4 | 8 | 5 | 5 | 8 | 8 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 3 |
Profit before tax | 7 | 10 | 11 | 14 | 12 | 15 | 17 | 14 | 15 | 13 | 15 | 20 | 19 |
Tax % | 18% | 23% | 23% | 25% | 25% | 21% | 15% | 23% | 19% | 20% | 19% | 21% | |
6 | 8 | 9 | 10 | 9 | 12 | 14 | 11 | 12 | 10 | 12 | 16 | 15 | |
EPS in Rs | 11.49 | 15.53 | 17.41 | 20.47 | 18.33 | 24.32 | 28.76 | 21.43 | 24.52 | 20.59 | 24.26 | 32.12 | 29.91 |
Dividend Payout % | 20% | 17% | 16% | 13% | 15% | 11% | 9% | 13% | 11% | 18% | 11% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 8% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 4% |
3 Years: | 13% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 12% |
3 Years: | 6% |
1 Year: | 56% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 41 | 47 | 54 | 63 | 97 | 112 | 134 | 150 | 161 | 170 | 182 | 199 |
0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
6 | 8 | 6 | 8 | 7 | 8 | 8 | 9 | 12 | 12 | 11 | 13 | |
Total Liabilities | 53 | 61 | 66 | 76 | 108 | 125 | 148 | 164 | 177 | 187 | 198 | 217 |
35 | 36 | 38 | 38 | 38 | 39 | 38 | 43 | 44 | 43 | 44 | 43 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 2 |
Investments | 3 | 2 | 2 | 4 | 41 | 63 | 73 | 76 | 102 | 107 | 127 | 134 |
15 | 22 | 26 | 34 | 30 | 23 | 36 | 43 | 30 | 34 | 25 | 38 | |
Total Assets | 53 | 61 | 66 | 76 | 108 | 125 | 148 | 164 | 177 | 187 | 198 | 217 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 9 | 8 | 11 | 9 | 6 | 11 | 8 | 9 | 5 | 15 | 8 | |
-3 | -6 | -7 | -10 | -7 | -6 | -10 | -4 | -9 | -3 | -13 | -4 | |
-5 | -1 | -2 | -2 | -2 | -2 | -2 | -2 | -1 | -1 | -1 | -2 | |
Net Cash Flow | 0 | 2 | -0 | -1 | 1 | -2 | -1 | 3 | -2 | 1 | 0 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 22 | 39 | 35 | 36 | 14 | 32 | 25 | 42 | 27 | 40 | 24 | 56 |
Inventory Days | 113 | 79 | 128 | 112 | 148 | 151 | 164 | 199 | 247 | 201 | 126 | 131 |
Days Payable | 100 | 74 | 94 | 132 | 18 | 37 | 37 | 58 | 61 | 53 | 30 | 40 |
Cash Conversion Cycle | 35 | 44 | 69 | 16 | 144 | 145 | 152 | 183 | 213 | 188 | 120 | 147 |
Working Capital Days | 25 | 20 | 34 | 29 | 37 | 49 | 57 | 72 | 71 | 77 | 50 | 75 |
ROCE % | 16% | 20% | 19% | 21% | 14% | 14% | 12% | 9% | 9% | 7% | 8% | 10% |
Documents
Announcements
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Updates
3 October 2024 - United Nilgiri Tea Estates Company Limited has informed regarding 'Certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations 2018 for the quafter ended 30th …
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Trading Window-XBRL
30 September 2024 - UNITED NILGIRI TEA ESTATES COMPANY LIMITED has informed about Closure of Trading Window
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Trading Window
30 September 2024 - United Nilgiri Tea Estates Company Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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Trading Window-XBRL
30 September 2024 - UNITED NILGIRI TEA ESTATES COMPANY LIMITED has informed about Closure of Trading Window
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Shareholders meeting
7 September 2024 - United Nilgiri Tea Estates Company Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 06, 2024. Further, the …
Business Overview:[1]
Company does production and export
of organic teas in Bulk and Packets through
its brands viz. Chamraj and Korakundah
Organic Tea