Warren Tea Ltd
Warren Tea Limited, incorporated in 1977, is engaged in the growing, harvesting, manufacture and sale of tea. [1]
- Market Cap ₹ 81.3 Cr.
- Current Price ₹ 68.0
- High / Low ₹ 93.8 / 61.6
- Stock P/E 16.1
- Book Value ₹ 91.4
- Dividend Yield 0.00 %
- ROCE 4.43 %
- ROE 4.52 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.74 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -3.94% over past five years.
- Tax rate seems low
- Company has a low return on equity of -2.92% over last 3 years.
- Earnings include an other income of Rs.14.0 Cr.
* 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
209.03 | 212.75 | 119.06 | 140.15 | 130.34 | 138.42 | 109.71 | 118.99 | 118.50 | 122.91 | 105.93 | 89.74 | 73.17 | |
171.72 | 196.05 | 97.93 | 109.56 | 114.79 | 132.85 | 129.32 | 123.76 | 135.77 | 148.27 | 100.51 | 93.72 | 77.00 | |
Operating Profit | 37.31 | 16.70 | 21.13 | 30.59 | 15.55 | 5.57 | -19.61 | -4.77 | -17.27 | -25.36 | 5.42 | -3.98 | -3.83 |
OPM % | 17.85% | 7.85% | 17.75% | 21.83% | 11.93% | 4.02% | -17.87% | -4.01% | -14.57% | -20.63% | 5.12% | -4.44% | -5.23% |
4.00 | 2.63 | 2.77 | 1.78 | 1.06 | 4.65 | 1.85 | 1.38 | 1.01 | 1.74 | 22.26 | 13.86 | 14.02 | |
Interest | 0.21 | 0.89 | 0.13 | 0.35 | 0.32 | 0.76 | 2.32 | 3.75 | 4.04 | 5.33 | 4.89 | 2.53 | 2.68 |
Depreciation | 9.35 | 9.54 | 4.97 | 4.95 | 5.00 | 3.32 | 3.62 | 3.64 | 3.47 | 2.73 | 2.48 | 1.99 | 1.81 |
Profit before tax | 31.75 | 8.90 | 18.80 | 27.07 | 11.29 | 6.14 | -23.70 | -10.78 | -23.77 | -31.68 | 20.31 | 5.36 | 5.70 |
Tax % | 35.12% | 33.03% | 26.97% | 25.23% | -10.63% | 25.41% | 31.31% | 26.81% | 33.02% | 23.71% | -59.68% | -32.46% | |
Net Profit | 20.60 | 5.96 | 13.73 | 20.25 | 12.50 | 4.58 | -16.28 | -7.89 | -15.92 | -24.17 | 32.43 | 7.10 | 7.44 |
EPS in Rs | 11.32 | 3.27 | 11.44 | 16.88 | 10.42 | 3.82 | -13.57 | -6.58 | -13.27 | -20.14 | 27.02 | 5.92 | 6.21 |
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: | -8% |
5 Years: | -4% |
3 Years: | -9% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | 18% |
3 Years: | 32% |
TTM: | 391% |
Stock Price CAGR | |
---|---|
10 Years: | -11% |
5 Years: | -10% |
3 Years: | 13% |
1 Year: | -20% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -7% |
3 Years: | -3% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
10.71 | 10.71 | 11.95 | 11.95 | 11.95 | 11.95 | 11.95 | 11.95 | 11.95 | 11.95 | 11.95 | 11.95 | 11.95 | |
Reserves | 148.83 | 154.79 | 76.66 | 96.90 | 104.41 | 108.99 | 87.90 | 83.75 | 71.57 | 51.32 | 85.69 | 91.94 | 97.72 |
12.08 | 0.14 | 0.00 | 0.00 | 2.68 | 10.31 | 25.71 | 33.35 | 39.50 | 51.07 | 18.02 | 21.60 | 25.72 | |
61.48 | 59.98 | 44.69 | 47.68 | 42.55 | 52.56 | 56.88 | 49.42 | 66.59 | 73.39 | 55.63 | 32.67 | 27.89 | |
Total Liabilities | 233.10 | 225.62 | 133.30 | 156.53 | 161.59 | 183.81 | 182.44 | 178.47 | 189.61 | 187.73 | 171.29 | 158.16 | 163.28 |
141.17 | 143.69 | 74.74 | 72.74 | 65.60 | 66.33 | 68.91 | 69.34 | 70.90 | 76.14 | 51.20 | 40.33 | 42.55 | |
CWIP | 0.77 | 0.62 | 0.36 | 0.47 | 0.45 | 1.17 | 12.47 | 15.17 | 17.28 | 17.03 | 4.04 | 16.46 | 16.81 |
Investments | 3.19 | 3.19 | 1.60 | 16.60 | 23.62 | 33.26 | 32.80 | 33.15 | 33.15 | 33.14 | 33.15 | 33.15 | 33.15 |
87.97 | 78.12 | 56.60 | 66.72 | 71.92 | 83.05 | 68.26 | 60.81 | 68.28 | 61.42 | 82.90 | 68.22 | 70.77 | |
Total Assets | 233.10 | 225.62 | 133.30 | 156.53 | 161.59 | 183.81 | 182.44 | 178.47 | 189.61 | 187.73 | 171.29 | 158.16 | 163.28 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28.89 | -1.62 | -8.00 | 16.47 | 17.63 | 2.64 | -17.49 | 2.70 | 6.86 | -0.59 | -12.22 | -5.15 | |
5.56 | -10.63 | -1.65 | -17.44 | -19.65 | -3.23 | -9.75 | -6.63 | -9.00 | -5.99 | 51.48 | 7.17 | |
7.80 | -12.87 | -0.27 | -0.35 | 2.36 | 6.95 | 13.14 | 3.92 | 2.10 | 6.55 | -37.42 | -2.82 | |
Net Cash Flow | 42.25 | -25.12 | -9.92 | -1.32 | 0.34 | 6.36 | -14.10 | -0.02 | -0.03 | -0.03 | 1.84 | -0.81 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 23.82 | 34.16 | 84.77 | 91.13 | 80.57 | 96.54 | 153.24 | 121.29 | 89.02 | 53.63 | 51.51 | 50.35 |
Inventory Days | 217.88 | |||||||||||
Days Payable | 497.30 | |||||||||||
Cash Conversion Cycle | 23.82 | 34.16 | 84.77 | 91.13 | 80.57 | 96.54 | 153.24 | 121.29 | 89.02 | 53.63 | 51.51 | -229.06 |
Working Capital Days | 6.93 | 7.24 | 39.24 | 58.39 | 47.89 | 47.07 | 45.78 | 24.91 | -24.76 | -65.84 | -24.19 | -12.81 |
ROCE % | 20.31% | 5.98% | 14.88% | 27.77% | 10.15% | 3.85% | -16.81% | -5.54% | -15.65% | -22.20% | 4.31% | 4.43% |
Documents
Announcements
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Announcements Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
19 Jan - Communication dated 21st November, 2022 regarding Retail/Consumer Marketing. A Core group has been formed under the Chairmanship of Mr. Vinay K Goenka, Executive Chairman of …
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
19 Jan - Communication dated 21st November, 2022 in regard to execution of Memorandum of Understanding with M/s Dhunseri Tea & Industries Limited. As per Regulation 30 of …
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
19 Jan - Communication dated 21st November, 2022 in regard to execution of Memorandum of Understanding with M/s Dhunseri Tea & Industries Limited. As per Regulation 30 of …
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
19 Jan - Communication dated 21st November, 2022 in regard to execution of Memorandum of Understanding with M/s Madhuting Tea Pvt. Ltd. As per Regulation 30 of the …
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
19 Jan - Communication dated 21st November, 2022 in regard to execution of Memorandum of Understanding with M/s Dhunseri Tea & Industries Limited. As per Regulation 30 of …
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Portfolio
The company produces primarily black tea of crush, tear and curl (CTC) variety. It produces tea crops which have rich liquor, brightness, briskness and strength. Tea being a natural product, the plantation activities are subject to the vagaries of nature. The crop yield depends on the climatic conditions to a very large extent. [1][2]