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Dhunseri Tea & Industries Ltd (DTIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 538902 NSE: DTIL Tea/Coffee | Small Cap | Dhunseri Tea & Inds. Share Price

₹138.60 2.40 (1.76%)

As on 24-Jun'26 16:59

Dhunseri Tea & Industries Ltd (DTIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 538902 NSE: DTIL Tea/Coffee | Small Cap | Dhunseri Tea & Inds. Share Price

₹138.60 2.40 (1.76%)

As on 24-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹146 Cr.
Current Price
₹138.6
52-Week Low / High
₹103 / 214
TTM EPS
₹5.6
TTM Sales
₹326 Cr.
Book Value per Share
₹519
P/E Ratio
24.69
Industry PE
62.1
Price to Book (P/B)
0.27
Lower than its 5-year historical median
Price to Sales (P/S)
0.45
Lower than its 5-year historical median
EV/EBITDA
15.33
Higher than its 5-year historical median
Dividend Yield
0.72%
Profitability Efficiency
Return on Equity (ROE)
0.43%
Underperforms industry median
Return on Capital Employed (ROCE)
1.54%
Underperforms industry median
Return on Assets (ROA)
0.29%
Operating Profit Margin
-2.6%
Net Profit Margin
0.71%
Gross Profit Margin
-3.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
10.1%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
68.90%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹535 Cr.
Equity
₹10.5 Cr.
Face Value
₹10
All Time Low / High
₹60.07 / 405.20

Dhunseri Tea & Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Dhunseri Tea & Industries Ltd a good quality company?
Dhunseri Tea & Industries Ltd is a weak quality company, based on a inconsistent 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 Dhunseri Tea & Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Dhunseri Tea & Industries Ltd vs industry peers?
Dhunseri Tea & Industries Ltd revenue CAGR is 13.02%, compared to the industry median CAGR of 3.64%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Dhunseri Tea & Industries Ltd?
Promoters hold 68.90% of the Dhunseri Tea & Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Dhunseri Tea & Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -4% 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.
Dhunseri 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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.5%4.5%1.7%0.9%13.4%6.4%-13.4%-1.8%-8.9%1.5%-
Value Creation
Index
0.2-0.7-0.9-0.9-0.1-0.6-2.0-1.1-1.6-0.9-

Growth Parameters

Sales 183188177181177248211217297327326
Sales YoY Gr.-2.5%-5.7%2.1%-1.9%39.9%-15.2%2.9%37.1%10.1%-
Adj EPS 19.510.88.50.4-2.345.4-83.2-14.6-70.5-16.45.6
YoY Gr.--44.5%-21.3%-95.3%-670%NA-283.4%NANANA-
BVPS (₹) 158.2573.2582.7577.8634.5671.8575.6559.9509.1511.4519
Adj Net
Profit
20.511.490.4-2.447.7-87.4-15.3-74-17.26
Cash Flow from Ops. 17.81214.515.2-17.624.116.333.6-62.614.7-
Debt/CF from Ops. 13.12.62.4-2.80.61.62-1.96.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.7%13%15.8%10.1%
Adj EPS -198.1%NANANA
BVPS13.9%-4.2%-3.9%0.4%
Share Price -3.4% -16.4% -12.6% -27.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
4.62.21.50.1-0.47-13.3-2.6-13.2-3.21.1
Op. Profit
Mgn %
17.812.510.35.7-1.519.70.7-4.2-22.2-2.61.4
Net Profit
Mgn %
11.26.15.10.2-1.419.2-41.5-7.1-24.9-5.31.8
Debt to
Equity
0.10.10.10.10.1000.10.20.20
Working Cap
Days
15516817016715911418022015711880
Cash Conv.
Cycle
65748487794656604420-81

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales183188177181177248211217297327
Operating Expenses + 151164160171182200209226363335
Manufacturing Costs39373640424345608979
Material Costs30353740446565213510
Employee Cost 58636371717784128217226
Other Costs 24292519251514172121
Operating Profit 33241710-5481-9-66-8
Operating Profit Margin (%) 17.8%12.5%9.4%5.7%-2.9%19.3%0.7%-4.2%-22.2%-2.6%
Other Income + 32234215510104
Exceptional Items 0000101-15-139-31127
Interest 3343432389
Depreciation 577898891313
Profit Before Tax 2815738742-93-14-661
Tax 63-212065-2-5-1
Profit After Tax 2212816737-98-12-612
PAT Margin (%) 12.1%6.3%4.7%0.8%37.5%14.7%-46.6%-5.5%-20.5%0.7%
Adjusted EPS (₹)21.111.27.81.363.334.8-93.3-11.3-57.82.2
Dividend Payout Ratio (%)25.20%47.50%68.10%258%2.60%9.60%-4.30%-26.50%0%45.20%

Valuation of Dhunseri Tea & Inds. - 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 + 451602612607667706605588535537
Share Capital 77777711111111
Reserves 444595605600660699594578524527
Debt +183737334711236811696
Long Term Debt0096420078
Short Term Debt18372827439236810988
Minority Interest0000000000
Trade Payables13131316141314252722
Others Liabilities 445651596062109171126123
Total Liabilities 526709713715788792751852804778

Fixed Assets

Net Fixed Assets +345505501499501480371554552528
Gross Block407523527532543526547734742706
Accumulated Depreciation631926344246176180190178
CWIP 069101413691721
Investments 91111121117195210244133109118
Inventories23191922263837534529
Trade Receivables30353938201171084
Cash Equivalents 313492311311
Others Assets 35312226233884836968
Total Assets 526709713715788792751852804778

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 18121415-18241634-6315
PBT 2815738742-93-14-661
Adjustment 69128-8989552-6
Changes in Working Capital -10-8-067-212245322
Tax Paid -6-4-4-2-23-6-8-3-2-2
Cash Flow From Investing Activity + -2-23-0-21815-20-621924
Capex -3-14-5-7-74-33-182-1715
Net Investments -0-72224101111936-11
Others 2-2332121019
Cash Flow From Financing Activity + -2710-13-123-4553637-31
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -4-010-1-3-1-3-241
Interest Paid -3-3-4-3-4-4-2-2-7-11
Dividend Paid -6-7-7-7-4-2-4-4-30
Others -1420-12-114-39134443-21
Net Cash Flow -11-1214-717-78

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)14.023.071.360.2210.445.33-14.96-1.99-10.810.43
ROCE (%)16.534.51.720.8713.376.36-13.44-1.75-8.941.54
Asset Turnover Ratio0.350.30.250.250.240.310.270.270.360.41
PAT to CFO Conversion(x)0.8211.7515-0.270.65N/AN/AN/A7.5
Working Capital Days
Receivable Days54.1063.1076.2077.7059.5022.4015.7014.3010.806.60
Inventory Days4041.2039.1041.2049.804764.3075.6060.2041
Payable Days147.10135.50131.60132.70122.3076.1074.90331.90265.90923.90

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

Dhunseri Tea & Industries Ltd FAQs

The current trading price of Dhunseri Tea & Inds. on 24-Jun-2026 16:59 is ₹138.6.

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 23-Jun-2026 the market cap of Dhunseri Tea & Inds. stood at ₹145.6 Cr

The latest P/E ratio of Dhunseri Tea & Inds. as of 23-Jun-2026 is 24.69.

The latest P/B ratio of Dhunseri Tea & Inds. as of 23-Jun-2026 is 0.27.

The 52-week high of Dhunseri Tea & Inds. is ₹214.0 and the 52-week low is ₹102.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dhunseri Tea & Inds. is ₹326 ( Cr.) .

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

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

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Dhunseri Tea & Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Dhunseri Tea & Industries Ltd

Dhunseri Tea & Industries (DTIL) is engaged in manufacturing and sale of tea. DTIL has been in the business of manufacturing of Tea for the last several decades. It has been expanding its business operations and it presently has Tea Estates and its Tea Factories in Assam. It also has Tea Estates in Malawi where plantation of Tea and Macadamia are being undertaken. The company is promoting its brand ‘CHHOTE LAL’ which is well received by connoisseurs of high quality, full-bodied Assam tea.

The company’s cultivation practices conform to the best globally standards. It uses eco-friendly practices from mapping soil nutrition, rain water harvesting to cropping patterns and integrated pest management. Its Indian tea estates have been accredited with ISO 22000:2005 food and safety standards. Its estates have also been certified by Trustea attesting that the gardens have a sustainable tea practices. 

The company’s Malawi operations have been certified by Hazard Analysis Critical Control Point (HACCP) to manage food safety, Fairtrade to ensure fair pay and working conditions for workers and Rainforest Alliance, which aims to conserve biodiversity and implement ecologically sustainable practices.

Business area of the company

The company is engaged in cultivation, manufacturing and sale of tea. 

History and milestones

  • 2015: The company demerged from Dhunseri Petrochem & Tea. 
  • 2017: The company expanded into the State of Odisha.
  • 2017: Soft retail launch of the ‘Lal Ghora’ and ‘Kala Ghora’ brands in Odisha.
  • 2017: Soft-launch of ‘Dhunseri Gold’ in Rajasthan.
  • 2019: Dhunseri Tea & Industries’ subsidiary -- Dhunseri Petrochem & Tea has incorporated a wholly owned subsidiary by the name ‘Dhunseri Mauritius’ on May 02, 2018.
  • 2019: Completed deal with Tata Global Beverages (TGBL) for sale of its branded business namely Lalghora & Kalaghora with the receipt of the full transaction value.
  • 2020: The company's wholly owned subsidiary -- MakandiTea &Coffee Estates has acquired a step down wholly owned subsidiary by the name or Nitambi Estate (NEL) located at Malawi. 
  • 2020: Entered into MoU with Shyam Khetojan Tea Company, a partnership firm, for sale of 'Khetojan Tea Estate' as a going concern on as is where is basis.
  • 2021: The company executed agreement for sale of ‘Bahadur Tea Estate’ (excluding the tea manufacturing Factory) with Jalannagar Development. 
  • 2021: The company entered into MoU for sale of 'Santi Tea Estate', for a consideration of Rs 6.01 crore to Sanjay Rasiwasia or his nominee(s). 
  • 2022: The company entered into MoU with Warren Tea on January 19, 2022 for acquisition of Balijan North Tea Estate.
  • 2022: The company entered into MoU on November 21, 2022 with Warren Tea to acquire three tea estates located in the State of Assam i.e. Duamara Tea Estate, Tara Tea Estate and Deohall Tea Estate.
  • 2022: The company entered into a MoU on December 14, 2022 for sale of Khagorijan Tea Estate 'on as is where is basis', jointly to Sahdev Singh Kushwah, Sanwar Mal More and Nikhil Agarwalla. 
  • 2023: The company entered into Non-Disclosure and Confidentiality Term Sheet with M/s. Tusnial Tea on November 14, 2023 for sale of 'Deohall Tea Estate’. 

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