Jay Shree Tea & Industries Ltd - Stock Valuation and Financial Performance

BSE: 509715 | NSE: JAYSREETEA | Tea/Coffee | Small Cap

Jay Shree Tea Share Price

96.85 2.35 2.49%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Jay Shree Tea

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Jay Shree Tea & Industries stock performance -

mw4me loader
P/E Ratio (SA):
13.25
Market Cap:
272.9 Cr.
52-wk low:
74.1
52-wk high:
133.8

Is Jay Shree Tea & Industries Ltd an attractive stock to invest in?

1. Is Jay Shree Tea & Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Jay Shree Tea & Industries Ltd is a below average quality company.

2. Is Jay Shree Tea & Industries Ltd undervalued or overvalued?

The key valuation ratios of Jay Shree Tea & Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Jay Shree Tea & Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jay Shree Tea & Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Jay Shree Tea:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Jay Shree Tea & Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 2.9%1%0.8%0.7%2.7%3.5%-6.2%6.2%3.1%1.1%-
Value Creation
Index
-0.8-0.9-1.0-1.0-0.8-0.8-1.4-0.6-0.8-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 700685696538551561486781709794753
Sales YoY Gr.--2.1%1.7%-22.6%2.4%1.7%-13.2%60.5%-9.1%11.9%-
Adj EPS -3-8.5-9.2-6.8-1.9-0.9-24.91.6-2.7-6.27.1
YoY Gr.-NANANANANANANA-265.2%NA-
BVPS (₹) 136.8128.4120.79495.793.382.475.880.785.195.6
Adj Net
Profit
-8.5-24.5-26.5-19.7-5.5-2.7-71.84.6-7.7-1821
Cash Flow from Ops. 6361.85916.146.144.340.81318.7-38.4-
Debt/CF from Ops. 87.16.523.99.310.49.52.834.3-7.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.4%7.6%17.7%11.9%
Adj EPS NANANANA
BVPS-5.1%-2.3%1.1%5.5%
Share Price 1.5% 8.2% 13.4% 28.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-2.2-6.4-7.4-6.4-2-1-28.32-3.4-7.57.9
Op. Profit
Mgn %
52.63.23.44.35.6-7.37.50.11.4-5.9
Net Profit
Mgn %
-1.2-3.6-3.8-3.7-1-0.5-14.80.6-1.1-2.32.7
Debt to
Equity
1.31.21.11.41.61.71.61.71.31.2-
Working Cap
Days
21121220121317420025815314915295
Cash Conv.
Cycle
92826686817873256281-50

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.90%

Sales growth is growing at healthy rate in last 3 years 17.74%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.21

Sales growth is not so good in last 4 quarters at -0.74%

Latest Financials - Jay Shree Tea & Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 7.1 5.8
TTM Sales (₹ Cr.) 753 769
BVPS (₹.) 95.6 87.5
Reserves (₹ Cr.) 262 238
P/BV 0.99 1.08
PE 13.25 16.45
From the Market
52 Week Low / High (₹) 74.14 / 133.80
All Time Low / High (₹) 14.50 / 210.00
Market Cap (₹ Cr.) 273
Equity (₹ Cr.) 14.4
Face Value (₹) 5
Industry PE 88.3

Management X-Ray of Jay Shree Tea:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Jay Shree Tea

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales700685696538551561486781709794
Operating Expenses 680668674520527530522722712786
Manufacturing Costs10510510296969988107110125
Material Costs320300287148157144136317283310
Employee Cost 173187215217211228235233250273
Other Costs 83767060635963656977
Operating Profit 191722182431-3658-39
Operating Profit Margin (%) 2.8%2.4%3.2%3.4%4.3%5.5%-7.3%7.5%-0.4%1.1%
Other Income 45232427273080233219
Interest 47474635344042483634
Depreciation 15141615151617242222
Exceptional Items 00000000047
Profit Before Tax 2-21-16-535-1510-2918
Tax -1-23502131-352
Profit After Tax 3-19-19-1033-2810616
PAT Margin (%) 0.5%-2.8%-2.8%-1.8%0.6%0.6%-5.7%1.2%0.8%2.0%
Adjusted EPS (₹)1.2-6.6-6.6-3.41.21.1-9.73.42.15.5
Dividend Payout Ratio (%)173%-15%-15%-15%43%33%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 395371348271276269238219233246
Share Capital 14141414141414141414
Reserves 381356334257262255223204218231
Minority Interest0000000000
Debt483373307315357391342338271266
Long Term Debt15713013812615412977663737
Short Term Debt326243168189203262266272234229
Trade Payables1321741713935486011757104
Others Liabilities 90133156148146172201227266309
Total Liabilities 1,1001,051983774815881841901827925

Fixed Assets

Gross Block448447471353368384387630650653
Accumulated Depreciation134138149137149158172192211226
Net Fixed Assets315310322216218226215439438427
CWIP 9164101823231787
Investments 2472392482692872862441239089
Inventories236243225959011783165145246
Trade Receivables74848277655548565552
Cash Equivalents 1218931271751115139
Others Assets98717081119169217877894
Total Assets 1,1001,051983774815881841901827925

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 636259164644411319-38
PBT 2-21-16-535-1510-2918
Adjustment 385043302932-758351
Changes in Working Capital 303131-1113663645-59
Tax Paid -5-1-1211-1-2-33
Cash Flow From Investing Activity -2725-29-16-52-42761154672
Capex -13-224-27-26-24-16-13-1138
Net Investments -624-396519939327-4
Others -82364-31-370353037
Cash Flow From Financing Activity 16-118-102-47-6-117-257-53-38
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1915211929-23-53-96-352
Interest Paid -45-45-46-41-34-40-40-50-36-34
Dividend Paid -9-5-2-3-2-2-1000
Others 52-84-75201459-22-11118-6
Net Cash Flow 52-31-72-51-31-112-4
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.85-4.97-5.33-3.181.241.14-10.994.252.626.67
ROCE (%)5.763.073.884.345.376.2349.511.279.75
Asset Turnover Ratio0.670.650.690.620.690.660.570.90.820.91
PAT to CFO Conversion(x)21N/AN/AN/A15.3314.67N/A13.11.5-2.38
Working Capital Days
Receivable Days40424354473939242824
Inventory Days124126121108616775588090
Payable Days1451862192608610614410211295

Jay Shree Tea & Industries Ltd Stock News

Jay Shree Tea & Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Jay Shree Tea on 28-Mar-2024 16:01 is ₹96.85.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Jay Shree Tea stood at ₹272.9.
The latest P/E ratio of Jay Shree Tea as of 28-Mar-2024 16:01 is 13.25.
The latest P/B ratio of Jay Shree Tea as of 28-Mar-2024 16:01 is 0.99.
The 52-week high of Jay Shree Tea is ₹133.8 and the 52-week low is ₹74.14.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jay Shree Tea is ₹753.3 ( Cr.) .

About Jay Shree Tea & Industries Ltd

Incorporated on the October 27, 1945 Jay Shree Tea & Industries Ltd, a well diversified conglomerate of B.K. Birla Group of Companies, acquired a growing number of tea estates in both North and South India and initiated innovative, intensive and integrated field development work on all fronts. The company has adopted a marketing strategy to provide Garden Fresh Tea to all its clients.

Besides tea, the Company manufactures Single Super phosphate and Sulphuric Acid in its Chemical Plants at Khardah (set up in 1961) and Gurgaon (set up in 1987). The company is also engaged in Warehousing activities at Calcutta and Kochi. It has also developed prestigious residential and commercial complexes at Calcutta and Bangalore.

As a leading business house - catering for the best possible tea at the most competitive  prices, it has already created its own niche in the market. Not only in India but also in  Germany, Japan, U.K, Middle East and the CIS, it  has a steady consumer - oriented  presence. Today, by effectively harnessing the promising aspects of the Internet, and by addressing every possible tea related market segment with newer value propositions and transferring its services across geographical borders, it aspires to develop further, creating brighter prospects for its customers.

The company has under its fold 19 tea estates including two estates in its subsidiary spread all over India and manufactures around 15 million Kgs of tea per annum. Total area under tea is around 8000 Hectares. The company produces around 10% of total Darjeeling teas produced in the country.

The company's efforts to improve tea productivity and quality have been recognized at various levels and numerous awards and prizes have been awarded to it. Most of the tea estates of the company are ISO-9002 certified.

The different brands of tea manufactured by the company are:

From Assam tea- Birla Tea, Birla Tea Sadabahar, Birla Tea Jaandar, Birla Tea Kalline Gold, Birla tea Jaandar while its Darjelling tea brands include Everest, Kanchenjunga, Classic Pure and Golden Caddy

Different division of the company are:

  • In its Real Estate Division of the company has developed commercial complexes and residential apartments at Calcutta and Bangalore. It is in the process of developing residential complexes in the heart of Calcutta through its subsidiary Shiva's Group Limited. All these properties are in prime areas and we stress on high quality constructions.
  • Chemicals division- The company manufactures Superphosphate and Sulphuric Acid at its two plants at Khardah in North 24-Parganas, West Bengal and one plant at Pataudi in Gurgaon district, Haryana. The annual installed capacity is 2,25,721 M.T. Superphosphate and 95,710 M.T. of Sulphuric acid and production of 1,31,964 M.T. of Superphosphate and 76,438 M.T. of Sulphuric acid during 1999-2000.
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