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Warren Tea Ltd (WARRENTEA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 508494 NSE: WARRENTEA Tea/Coffee | Small Cap | Warren Tea Share Price

₹45.85 0.50 (1.10%)

As on 12-Jun'26 16:59

Warren Tea Ltd (WARRENTEA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 508494 NSE: WARRENTEA Tea/Coffee | Small Cap | Warren Tea Share Price

₹45.85 0.50 (1.10%)

As on 12-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹55 Cr.
Current Price
₹45.9
52-Week Low / High
₹33 / 64
TTM EPS
₹-2.8
TTM Sales
₹0 Cr.
Book Value per Share
₹70.8
P/E Ratio
0.00
Industry PE
61.9
Price to Book (P/B)
0.65
Lower than its 5-year historical median
Price to Sales (P/S)
0.00
Lower than its 5-year historical median
EV/EBITDA
-37.39
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.73%
Underperforms industry median
Return on Capital Employed (ROCE)
1.84%
Underperforms industry median
Return on Assets (ROA)
0.67%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
66.02%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹73 Cr.
Equity
₹12 Cr.
Face Value
₹10
All Time Low / High
₹19.88 / 410.50

Warren Tea stock performance

Key Ratios
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M-Cap below 100cr DeciZen not available

Q.1 Is Warren Tea Ltd a good quality company?
Warren Tea Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Warren Tea Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Warren Tea Ltd vs industry peers?
Warren Tea Ltd revenue CAGR is -100.00%, compared to the industry median CAGR of 3.64%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Warren Tea Ltd?
Promoters hold 66.02% of the Warren Tea Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Warren Tea Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -10.3% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Warren Tea Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 6.5%-18%-5.5%-15.7%-22.2%22%6.6%23.6%-0.3%1.8%-
Value Creation
Index
-0.5-2.3-1.4-2.1-2.60.6-0.50.7-1.0-0.9-

Growth Parameters

Sales 13811011911912310689.757.6000
Sales YoY Gr.--20.7%8.5%-0.4%3.7%-13.8%-15.3%-35.8%-100%NA-
Adj EPS 2.2-14-6.8-13.4-20.415.34.5-30.9-1.7-0-2.8
YoY Gr.--731.2%NANANANA-70.8%-793.3%NANA-
BVPS (₹) 85.583.680.169.952.981.786.970.472.173.770.8
Adj Net
Profit
2.6-16.7-8.1-16-24.418.25.3-36.9-2-0-3
Cash Flow from Ops. 2.6-17.52.76.9-0.6-12.2-5.2-51.80.3-9.5-
Debt/CF from Ops. 3.9-1.512.45.8-87.1-1.4-3.8000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS -154.9%NA-113.1%NA
BVPS-1.6%6.8%-5.4%2.2%
Share Price -10.7% -6.7% -4.1% -18.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.2-15.1-8.3-17.8-33.222.75.3-39.2-2.3-0-3.9
Op. Profit
Mgn %
4-17.9-4-14.6-20.65.1-4.4-41.400NAN
Net Profit
Mgn %
1.9-15.2-6.8-13.5-19.817.25.9-6400-INF
Debt to
Equity
0.10.30.40.50.80.20.20000
Working Cap
Days
172226197188164182202294000
Cash Conv.
Cycle
871391199039-7624000

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales138.42109.71118.99118.50122.91105.9389.7457.6200
Operating Expenses + 132.91129.32123.77135.78148.27100.5193.7283.144.252.70
Manufacturing Costs27.7123.7826.0426.2226.0515.9913.0918.9300
Material Costs-1.840.51-0.72-3.135.28-0.1613.053.5800
Employee Cost 8889.4384.86100.12105.4677.7962.6551.682.841.55
Other Costs 19.0415.5913.5912.5711.476.904.938.951.411.15
Operating Profit 5.51-19.61-4.78-17.28-25.355.42-3.98-25.52-4.25-2.70
Operating Profit Margin (%) 4.0%-17.9%-4.0%-14.6%-20.6%5.1%-4.4%-44.3%--
Other Income + 4.721.851.381.011.742.0811.484.533.374.46
Exceptional Items 0000020.182.3847.101.010.17
Interest 0.762.323.754.045.334.892.531.910.160.15
Depreciation 3.323.623.643.472.732.481.991.550.360.32
Profit Before Tax 6.14-23.70-10.78-23.77-31.6820.315.3622.64-0.381.46
Tax 1.56-7.42-2.89-7.85-7.51-12.12-1.7427.600.470.82
Profit After Tax 4.58-16.28-7.89-15.92-24.1732.437.10-4.96-0.850.64
PAT Margin (%) 3.3%-14.8%-6.6%-13.4%-19.7%30.6%7.9%-8.6%--
Adjusted EPS (₹)3.8-13.6-6.6-13.3-20.227.15.9-4.2-0.70.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Warren Tea - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 120.9499.8595.7083.5263.2797.64103.8984.1086.1488.07
Share Capital 11.9511.9511.9511.9511.9511.9511.9511.9511.9511.95
Reserves 108.9987.9083.7571.5751.3285.6991.9472.1574.1976.12
Debt +9.1523.5629.3534.2545.8213.1316.74000
Long Term Debt9.15171812.75262.060000
Short Term Debt06.5611.3521.5019.8211.0716.74000
Minority Interest0000000000
Trade Payables9.2712.0513.4122.1523.6322.8917.784.912.400.10
Others Liabilities 43.4046.9939.9043.2042.4013.70-6.2823.756.437.42
Total Liabilities 182.76182.44178.36183.13175.12147.36132.13112.7694.9895.59

Fixed Assets

Net Fixed Assets +66.3368.9769.3470.9076.1451.2040.334.875.925.68
Gross Block164.7868.9776.0481.0788.9862.4650.597.278.028.09
Accumulated Depreciation98.4506.7010.1712.8411.2510.262.392.102.42
CWIP 1.1712.4115.1717.2817.034.0416.46000
Investments 33.2632.8033.1533.1533.1433.1533.1539.5643.4645.68
Inventories10.848.948.2612.986.117.087.79000
Trade Receivables36.6146.0639.5428.9018.0614.9512.385.1300
Cash Equivalents 14.220.110.100.060.031.870.1717.4411.501.03
Others Assets 20.3513.1312.8219.8424.6135.0721.8545.7434.1043.20
Total Assets 182.76182.44178.36183.13175.12147.36132.13112.7694.9895.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2.64-17.492.706.86-0.59-12.22-5.15-51.800.29-9.48
PBT 6.14-23.70-10.78-23.77-31.6820.315.3622.64-0.381.46
Adjustment 0.175.076.406.667.09-12.37-9.12-45.58-3.28-3.27
Changes in Working Capital -3.490.377.0823.9824.72-18.980.79-31.583.42-7.67
Tax Paid -0.190.77-0-0.01-0.73-1.18-2.182.150.53-0
Cash Flow From Investing Activity + -3.23-9.75-6.63-9-5.9951.487.1790.20-6.06-0.85
Capex -4.76-9.93-6.74-7.15-7.2755.680.4597.51-0.33-0.08
Net Investments -7.560.450.050000-8.09-3.29-2.30
Others 9.10-0.280.05-1.851.28-4.206.720.77-2.441.54
Cash Flow From Financing Activity + 6.9513.143.922.106.55-37.42-2.82-22.02-0.16-0.15
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 9.858.842.85-413.25-24.75-3.50-300
Interest Paid -0.68-2.25-3.72-4.05-5.02-5.32-3.77-2.11-0.16-0.15
Dividend Paid 0000000000
Others -2.236.564.7910.15-1.68-7.364.45-16.9200
Net Cash Flow 6.36-14.10-0.02-0.03-0.031.84-0.8116.38-5.93-10.48

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)4.59-16.12-8.07-17.77-32.9340.317.05-5.27-10.73
ROCE (%)6.49-17.97-5.52-15.66-22.1921.956.623.64-0.271.84
Asset Turnover Ratio0.810.60.660.660.690.660.640.4700
PAT to CFO Conversion(x)0.58N/AN/AN/AN/A-0.38-0.73N/AN/A-14.81
Working Capital Days
Receivable Days86.20137.50131.30105.4069.7056.9055.6055.5000
Inventory Days25.7032.9026.4032.7028.4022.7030.20000
Payable Days-1,706.507,602.40-6,451.10-2,072.601,581.800568.701,156.1000

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Warren Tea Ltd FAQs

The current trading price of Warren Tea on 12-Jun-2026 16:59 is ₹45.85.

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 11-Jun-2026 the market cap of Warren Tea stood at ₹54.79 Cr

The latest P/E ratio of Warren Tea as of 11-Jun-2026 is 0.00.

The latest P/B ratio of Warren Tea as of 11-Jun-2026 is 0.65.

The 52-week high of Warren Tea is ₹63.50 and the 52-week low is ₹33.30.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Warren Tea is ₹0.00 ( Cr.) .

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

The key valuation ratios of Warren Tea Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

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

About Warren Tea Ltd

Warren Tea Limited was incorporated on May 31, 1977 in the state of Assam. The company obtained the certificate for commencement of Business on June 30,1977. Warren Tea Limited is the flagship of the Warrens group. Being one of the largest bulk tea producers in India and in the world, Warren Tea Limited produces 16 million kgs. of tea annually. With its renowned 14 Tea Estates in Upper Assam spread over Moran, Doom Dooma, Panitola and Tingri Districts, the produce of the Company is savoured across 50 countries around the world.

When James Warren decided to create a new Tea Estate in 1850, inspiration set its own timetable. Warren, and thereafter his family, wanted teas that evoked beautiful emotions in people all over the world. Today the Warren legacy presents a history so rich in experience and achievement that it has changed the very course of the Indian tea producers’ art. Generations of dedicated and gifted tea people, working with the most popular of nature’s herbs, have transformed Warren from a mere tea company to a House of rare Quality, so very satisfying to the consumers of its produce.

The regular export markets include quality tea drinking nations like UK, Ireland, Germany, the UAE, USA, Iran and Pakistan. The quality produced at Warrens has not only stood the test of time and palate, but matured and improved with its passage of time. In the great tradition of its founders, the Company believes that the world is its “cuppa” and tries its best to see that the cup “brimmeth over with joy and good cheer and satisfaction”.

The Warrens group has been involved in tea production for over a century and now is actively looking towards expansion in other industries. “Warren Steels (P) Limited” is one such diversification where the Company has put up an Investment Casting unit at Sotanala, Behror (Rajasthan). The land for this project was procured from Rajasthan State Industrial Development & Investment Corporation Ltd. (RIICO) in the year 2005 and started  production within a record time span of  9 months,  in July, 2006.

Warrens, cherish the fact that not only is we the biggest quality tea producers that we set the standards for the entire industry. This unit is the first step to a long journey ahead. We plan to flourish and continue to set higher standards for our competitors and more importantly for itself.

The company exports its products to the United Kingdom, Germany, Ireland, North America, Pakistan, Iran, and the Middle East.

Business area of the company:

The Company's principal activities are plantation, manufacture and sale of Black tea and provide travel related activities. It is engaged in the integrated process of growing, harvesting, manufacturing and sale of black tea and travel related activities.

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