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Diana Tea Company Ltd (530959)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530959 NSE: Tea/Coffee | Small Cap | Diana Tea Share Price

₹26.25 -0.18 (-0.68%)

As on 03-Jul'26 16:59

Diana Tea Company Ltd (530959)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530959 NSE: Tea/Coffee | Small Cap | Diana Tea Share Price

₹26.25 -0.18 (-0.68%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹39 Cr.
Current Price
₹26.3
52-Week Low / High
₹23 / 42
TTM EPS
₹1.2
TTM Sales
₹88.1 Cr.
Book Value per Share
₹36.9
P/E Ratio
22.45
Industry PE
63
Price to Book (P/B)
0.71
In line with its 5-year historical median
Price to Sales (P/S)
0.45
Lower than its 5-year historical median
EV/EBITDA
11.77
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
-8.30%
Underperforms industry median
Return on Capital Employed (ROCE)
-1.36%
Underperforms industry median
Return on Assets (ROA)
-3.98%
Operating Profit Margin
-5.2%
Net Profit Margin
-6.47%
Gross Profit Margin
-3.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-3.05%
Operating Profit Growth (1 Year)
-
-235.29%
Net Profit Growth (1 Year)
-
-2008.33%
Asset Quality
Promoter Holding
61.34%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹48 Cr.
Equity
₹7.5 Cr.
Face Value
₹5
All Time Low / High
₹5.13 / 91.25

Diana Tea Company stock performance

Key Ratios
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M-Cap below 100cr DeciZen not available

Q.1 Is Diana Tea Company Ltd a good quality company?
Diana Tea Company 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 Diana Tea Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Diana Tea Company Ltd vs industry peers?
Diana Tea Company Ltd revenue CAGR is 2.99%, 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 Diana Tea Company Ltd?
Promoters hold 61.34% of the Diana Tea Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Diana Tea Company Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.6% 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.
Diana Tea Company 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 % -12.5%4.8%6.1%0.4%4.1%11.6%13.3%-1.3%3.7%-1.4%-
Value Creation
Index
-1.9-0.7-0.6-1.0-0.7-0.2-0.1-1.1-0.7-1.1-

Growth Parameters

Sales 44.952.360.862.361.170.475.276.373.170.888
Sales YoY Gr.-16.3%16.4%2.5%-1.9%15.3%6.7%1.5%-4.3%-3.1%-
Adj EPS -51.51.5-0.80.33.24.9-1.70.2-3.11.2
YoY Gr.-NA4.8%-149.7%NA909.4%51.7%-134.1%NA-2140%-
BVPS (₹) 36.441.230.829.829.934.139.237.138.235.536.9
Adj Net
Profit
-7.62.22.3-1.20.54.97.4-2.50.2-4.62
Cash Flow from Ops. 3.614.84.24.34.110.32.13.7-3.6-
Debt/CF from Ops. 2.513.52.44.55.45.51.916.58.6-12.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.2%3%-2%-3.1%
Adj EPS NA-257.1%-185.5%-2140%
BVPS-0.3%3.5%-3.3%-7%
Share Price 2.5% 1.7% 3.1% -11.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-12.83.43.7-1.90.87.810.8-3.60.3-6.93.2
Op. Profit
Mgn %
-16.26.36.70.54.211.613.2-2.53.7-5.24.7
Net Profit
Mgn %
-16.84.23.8-1.80.86.99.8-3.30.3-6.52
Debt to
Equity
0.20.20.30.40.50.40.30.60.60.80.1
Working Cap
Days
208194154127138125117146177184146
Cash Conv.
Cycle
60262118151318282929-32

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales56.1652.2760.8262.3161.1170.4475.1776.2973.0570.82
Operating Expenses + 66.0649.0256.7962.1158.5562.3465.3278.1970.3374.51
Manufacturing Costs15.6811.9713.9614.1613.2414.9615.7818.4815.6715.42
Material Costs7.5136.487.953.434.18-0.711.540.343.88
Employee Cost 35.2328.4430.8034.1036.6936.6645.0851.0348.8050.38
Other Costs 7.645.605.555.915.206.535.167.155.534.83
Operating Profit -9.893.264.030.192.568.109.85-1.902.72-3.68
Operating Profit Margin (%) -17.6%6.2%6.6%0.3%4.2%11.5%13.1%-2.5%3.7%-5.2%
Other Income + 2.171.821.371.621.721.782.042.642.564.46
Exceptional Items 0000000000
Interest 1.591.391.381.762.252.211.752.102.773.57
Depreciation 1.141.411.341.551.601.681.761.871.962.05
Profit Before Tax -10.442.282.67-1.490.435.998.38-3.230.55-4.84
Tax -0.460.100.42-0.31-0.041.181.06-0.730.31-0.25
Profit After Tax -9.982.182.26-1.190.474.827.32-2.500.24-4.58
PAT Margin (%) -17.8%4.2%3.7%-1.9%0.8%6.8%9.7%-3.3%0.3%-6.5%
Adjusted EPS (₹)-6.71.51.5-0.80.33.24.9-1.70.2-3.1
Dividend Payout Ratio (%)-3.80%17.20%16.60%0%0%15.60%10.20%0%0%0%

Valuation of Diana 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 + 68.2661.7362.7459.9259.1564.6871.4667.5468.8164.39
Share Capital 7.507.507.507.507.507.507.507.507.507.50
Reserves 60.7654.2455.2452.4251.6557.1963.9660.0461.3156.89
Debt +9.7211.8310.2817.6520.9719.861832.2429.9441.63
Long Term Debt4.296.068.4112.2812.2813.798.449.718.368.89
Short Term Debt5.435.771.875.378.686.079.5622.5321.5832.74
Minority Interest0000000000
Trade Payables3.273.374.203.233.893.482.873.424.353.96
Others Liabilities 11.1811.178.8710.169.5310.6210.098.988.758.31
Total Liabilities 92.4388.1186.0990.9693.5498.65102.42112.17111.85118.29

Fixed Assets

Net Fixed Assets +59.4553.8258.1362.9664.4066.1566.8467.9971.0774.69
Gross Block74.1055.0260.6266.9269.9673.0475.3378.3583.3989.05
Accumulated Depreciation14.651.202.503.965.566.898.4910.3612.3214.36
CWIP 01.231.630.010.07000.300.030
Investments 5.542.623.714.584.155.165.685.304.744.05
Inventories6.355.926.504.785.045.266.947.588.678.63
Trade Receivables1.201.551.561.111.721.561.092.650.741.16
Cash Equivalents 1.151.030.821.920.253.935.012.561.082.90
Others Assets 18.7221.9513.7515.6017.9016.5916.8725.7825.5326.87
Total Assets 92.4388.1186.0990.9693.5498.65102.42112.17111.85118.29

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 4.540.964.774.244.314.1310.332.093.74-3.55
PBT -10.442.282.67-1.490.435.998.38-3.230.55-4.84
Adjustment 1.591.041.461.952.342.341.651.522.313.21
Changes in Working Capital 13.76-2.031.013.911.86-3.560.764.260.74-1.99
Tax Paid -0.36-0.33-0.37-0.12-0.31-0.64-0.46-0.470.130.07
Cash Flow From Investing Activity + -2.88-0.95-5.68-5.80-3.80-0.30-1.27-3.13-0.17-2.71
Capex -4.08-4.87-6.93-6-3.75-3.87-2.98-3.71-4.76-5.64
Net Investments -2.252.56-1.12-1.02-0.250.180.210.081.670.86
Others 3.451.352.361.220.203.381.500.512.922.08
Cash Flow From Financing Activity + -1.07-0.470.572.46-1.55-0.15-8.13-1.44-5.188.19
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1.011.362.344.300.682.18-5.351.27-2.5111.58
Interest Paid -1.68-1.44-1.37-1.44-2.23-2.33-2.02-1.95-2.67-3.38
Dividend Paid -0.40-0.40-0.40-0.4100-0.75-0.75-0.01-0.01
Others 0-0-0000-00-00
Net Cash Flow 0.59-0.47-0.340.90-1.043.680.93-2.47-1.611.94

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-16.393.364.18-2.611.0410.0313.32-4.370.42-8.3
ROCE (%)-12.474.766.130.444.0711.5713.27-1.343.7-1.36
Asset Turnover Ratio0.580.580.70.70.660.730.750.710.650.62
PAT to CFO Conversion(x)N/A0.442.11N/A9.170.861.41N/A15.58N/A
Working Capital Days
Receivable Days15.909.609.307.808.508.506.408.908.504.90
Inventory Days62.2042.7037.2033.1029.3026.7029.6034.7040.6044.60
Payable Days138403.70213.30170.50379.20322.10-1,642.80744.504,222.70390.90

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

Diana Tea Company Ltd FAQs

The current trading price of Diana Tea on 03-Jul-2026 16:59 is ₹26.25.

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 02-Jul-2026 the market cap of Diana Tea stood at ₹39.35 Cr

The latest P/E ratio of Diana Tea as of 02-Jul-2026 is 22.45.

The latest P/B ratio of Diana Tea as of 02-Jul-2026 is 0.71.

The 52-week high of Diana Tea is ₹42.00 and the 52-week low is ₹22.75.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Diana Tea is ₹88.07 ( Cr.) .

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

The key valuation ratios of Diana Tea Company 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 Weak which suggest that the price of Diana Tea Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Diana Tea Company Ltd

Diana Tea Company is a tea-producing company, which was promoted by Late Radheshyam Singhania in 1976. Radheshyam Singhania had bought this company from Nawab Gulam Jabbar and family. Then, the company had only one garden producing 242,000 Kg of tea and a book loss of Rs 37.6 lakhs.

The company is among top five producers of tea in the Dooars region. It has four tea gardens, namely Baintgoorie Tea Estate, Goodhope Tea Estate, Ambari Tea Estate and Diana Tea Estate. All its gardens are located in Jalpaiguri. The total capacity of the company is 5 million kg of tea per annum. Out of this, 1.02 million Kg of tea is produced by Diana Tea Estate alone.

In the year 1994 the management of the company desired to share its success with public and accordingly made an initial public issue of its equity shares at a premium of Rs 55 per share which was oversubscribed 2.5 times and listed in four major stock exchanges of the country namely Mumbai, Kolkata, New Delhi and Ahmedabad.

The company supplies tea in markets like Haryana, Rajasthan, Punjab, Uttar Pradesh, Gujarat, Bihar, Maharashtra and Madhya Pradesh. The company exports its product through auction houses like Carrittt Moran & Co., J. Thomas & Co. and Parcon India. The company has entered the packet tea segment to be sold throughout North India through its distributor network. It has also entered the dipping tea bag segment and has installed vending machines in reputed corporate houses of Kolkata.

The registered office of the company is located at ‘Sir RNM House’, 4th floor, 3/B, Lal Bazar Street, Kolkata - 700 001.

Products :

Packet Tea

Diana packet tea is primarily targeted at regular consumers and is available through its network of retailers and wholesalers in the north and north western regions of the country. Available in attractive packing of 250 grams, Diana packet tea comes from the Dooars region of India and its rich taste, strong natural flavor and sensuous aroma is bound to soothe senses. It is extremely popular in Haryana, Rajasthan and Chhattisgarh. The company aims to expand the market for this product by targeting new market segments in the near future.

Bulk Tea

Diana’s bulk tea is primarily marketed by way of public auction system, private sales and direct sales. Its bulk tea is available in packages of 26 kgs and 35 kgs contained in jute boeing, jute laminated bags and wooden chests and is sold all over the country. The tea is packed fresh and symbolizes high quality. It is most popular in Haryana, especially primary grades like BP and BOPSM. Apart from North and North Western regions of India, the tea is increasingly popular in areas of West Bengal, Uttar Pradesh, Gujarat Chhattisgarh, and Maharashtra. Diana Tea Company is constantly seeking expansion by targeting newer regional markets such as Karnataka and Tamil Nadu, where it is gaining momentum in terms of greater popularity and increasing sales.

Dipping Tea Bags

Diana dipping tea bags comes from the regions of Dooars and Assam and is renowned for its rich taste, strong natural flavor and sensuous aroma to soothe senses. Tea bags are available in boxes consisting of 100 tea bags or 25 tea bags respectively. The tea bags are primarily targeted at Indian Railways, corporate offices and retail stores within India.

Wooden Keddies

The company’s product is available in beautifully packed wooden keddies, making it ideal for gifting purposes, complimentary gifts and for general retail sales. Wooden keddies are available in boxes of 250 grams each.

 

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