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Goodricke Group Ltd (GOODRICKE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500166 NSE: GOODRICKE Tea/Coffee | Small Cap | Goodricke Group Share Price

₹184.45 -0.55 (-0.30%)

As on 03-Jul'26 16:59

Goodricke Group Ltd (GOODRICKE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500166 NSE: GOODRICKE Tea/Coffee | Small Cap | Goodricke Group Share Price

₹184.45 -0.55 (-0.30%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹398 Cr.
Current Price
₹184.5
52-Week Low / High
₹142 / 240
TTM EPS
₹11.8
TTM Sales
₹801 Cr.
Book Value per Share
₹140.5
P/E Ratio
15.59
Industry PE
63
Price to Book (P/B)
1.31
In line with its 5-year historical median
Price to Sales (P/S)
0.50
In line with its 5-year historical median
EV/EBITDA
11.25
Lower than its 5-year historical median
Dividend Yield
1.08%
Profitability Efficiency
Return on Equity (ROE)
8.90%
Outperforms industry median
Return on Capital Employed (ROCE)
8.28%
Outperforms industry median
Return on Assets (ROA)
4.12%
Operating Profit Margin
2.4%
Net Profit Margin
3.19%
Gross Profit Margin
3.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-13.79%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
0.47%
Net Profit Growth (1 Year)
-
27.37%
Asset Quality
Promoter Holding
74.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹282 Cr.
Equity
₹21.6 Cr.
Face Value
₹10
All Time Low / High
₹20.50 / 545.00

Goodricke Group 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 Goodricke Group Ltd a good quality company?
Goodricke Group 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 Goodricke Group Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Goodricke Group Ltd vs industry peers?
Goodricke Group Ltd revenue CAGR is 3.27%, 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 Goodricke Group Ltd?
Promoters hold 74.00% of the Goodricke Group Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Goodricke Group Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -0.2% 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.
Goodricke Group 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 17.8%16.5%8.9%5.9%8.8%4%2.2%-15.4%7%8.3%-
Value Creation
Index
0.30.2-0.4-0.6-0.4-0.7-0.8-2.1-0.5-0.4-

Growth Parameters

Sales 680731749791892823882824929801801
Sales YoY Gr.-7.4%2.5%5.7%12.7%-7.7%7.2%-6.6%12.8%-13.8%-
Adj EPS 15.514.64.37.29.32.5-0.5-33.267.811.8
YoY Gr.--5.9%-70.8%69.7%29.1%-73.4%-119.4%NANA30.7%-
BVPS (₹) 135.1142.1141.9139.4147.8149.3143.9111.7125.3140.5140.5
Adj Net
Profit
33.431.59.215.620.15.4-1.1-71.812.916.826
Cash Flow from Ops. 60.323.639.740.417.667.49.9-2542.967.6-
Debt/CF from Ops. 00.81.31.94.20.55.8-4.61.60.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1.8%-2.1%-3.2%-13.8%
Adj EPS -7.4%-3.5%NA30.7%
BVPS0.4%-1%-0.8%12.2%
Share Price 0.5% -6% -0.4% -18.8%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
11.810.535.16.51.7-0.3-2655.98.4
Op. Profit
Mgn %
7.36.14.13.953.21.3-5.92.42.52.4
Net Profit
Mgn %
4.94.31.222.30.7-0.1-8.71.42.13.2
Debt to
Equity
00.10.20.30.20.10.20.50.300
Working Cap
Days
21016212516019317211312311512999
Cash Conv.
Cycle
3328302932312530191730

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales680731749791892823882824929801
Operating Expenses + 631686718761848797873873910782
Manufacturing Costs101111123120109113132137139125
Material Costs242260266277357274295268312240
Employee Cost 214237248278295321340370365334
Other Costs 757780868689106979384
Operating Profit 4944313044269-491919
Operating Profit Margin (%) 7.2%6.1%4.1%3.9%4.9%3.2%1.1%-5.9%2.1%2.4%
Other Income + 15211512111019142016
Exceptional Items 00000000510
Interest 125986610107
Depreciation 14151621212121212018
Profit Before Tax 494926132693-661420
Tax 161716-47434-6-5
Profit After Tax 3332916205-0-692026
PAT Margin (%) 4.9%4.3%1.3%2.1%2.2%0.6%-0.0%-8.4%2.2%3.2%
Adjusted EPS (₹)15.314.74.47.69.02.4-0.2-32.19.311.8
Dividend Payout Ratio (%)29.30%30.60%91%0%33.20%122.90%0%0%0%16.90%

Valuation of Goodricke Group - 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 292307306301319322311241271304
Share Capital 22222222222222222222
Reserves 270285285279298301289220249282
Debt +01449726821531126611
Long Term Debt0143932262118171411
Short Term Debt0010404203595510
Minority Interest0000000000
Trade Payables97141137119138160137156174163
Others Liabilities 287100106332345132138139131122
Total Liabilities 676562598824870636639648641599

Fixed Assets

Net Fixed Assets +217250300315313316317326309293
Gross Block251299364396417436456484467453
Accumulated Depreciation34496481104121138158158160
CWIP 37403134353333242119
Investments 140000000113
Inventories132143155138181165148139154143
Trade Receivables30745355605366737555
Cash Equivalents 19131535181416161015
Others Assets 22742452482635659707259
Total Assets 676562598824870636639648641599

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 60244040186710-254368
PBT 494926132693-661420
Adjustment 14161932282523362221
Changes in Working Capital 6-32-0-1-3133-185726
Tax Paid -9-10-5-3-6-02-011
Cash Flow From Investing Activity + -40-37-55-25-20-13-18-1893
Capex -28-50-55-25-21-16-18-18615
Net Investments -1415-0-0-0-0-3-02-12
Others 2-210032111
Cash Flow From Financing Activity + -126174-14-581044-59-66
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0193426-4-422557-46-56
Interest Paid -1-2-5-8-6-5-5-9-9-6
Dividend Paid -9-10-10-9-0-7-7-0-0-0
Others -2-2-2-5-4-4-4-4-3-4
Net Cash Flow 9-8219-17-421-75

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)11.7210.63.15.376.31.64-0.1-25.17.848.9
ROCE (%)17.7716.58.925.938.774.022.22-15.356.988.28
Asset Turnover Ratio1.031.181.291.111.051.091.381.281.441.29
PAT to CFO Conversion(x)1.820.754.442.50.913.4N/AN/A2.152.62
Working Capital Days
Receivable Days17.702630.9024.9023.5024.9024.6030.9029.1029.60
Inventory Days75.1068.6072.5067.4065.2076.8064.7063.4057.4067.70
Payable Days149.40167.20190.70169131.30198.60184.40199.70192.80256.40

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

Goodricke Group Ltd FAQs

The current trading price of Goodricke Group on 03-Jul-2026 16:59 is ₹184.4.

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 Goodricke Group stood at ₹398.4 Cr

The latest P/E ratio of Goodricke Group as of 02-Jul-2026 is 15.59.

The latest P/B ratio of Goodricke Group as of 02-Jul-2026 is 1.31.

The 52-week high of Goodricke Group is ₹240.0 and the 52-week low is ₹142.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Goodricke Group is ₹801 ( Cr.) .

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

The key valuation ratios of Goodricke Group 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 Goodricke Group Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Goodricke Group Ltd

Goodricke Group was incorporated in West Bengal on 14th June 1977 as a Public Limited Company under the provisions of the Companies Act 1956 (Act). The company grows, cultivates, manufactures, treats, blends, processes, buys, sells and deals in tea in various forms.

All the 17 existing tea gardens of Goodricke Group were owned by eight Sterling Tea Companies. They had established these tea gardens progressively in late 1800’s and were carrying on business in tea in India. Of this, 12 estates are in the district of Jalpaiguri, 3 in Darjeeling in West Bengal and 2 in Darrang district of Assam.

The sterling companies are -- Assam-Dooars Tea, Chulsa Tea, Hope Tea, Leesh River Tea, Lebong Tea, Danguajhar Tea, British Darjeeling Tea and Meenglas Tea.

Pursuant to Section 29(2)(a) of the Foreign Exchange Regulation Act, 1973, the Reserve Bank of India agreed to grant permission to carry on business to the Sterling companies subject to takeover of the Gardens by an Indian Company to be formed.

Accordingly based on schemes of merger and with the sanction of Calcutta High Court, the 8 Sterling Companies were amalgamated with Goodricke Group with effect from 1st January 1978.

Products:

  • Bulk Teas - CTC and Orthodox teas from the Dooars, Darjeeling and Assam gardens are sold in bulk form packed in paper sacks, jute bags or tea chests.
  • Instant tea - The Goodricke Group developed the concept of instant tea from green leaf at its research and development centre for 4 years before setting up the world’s first integrated Instant Tea Plant at Aibheel Tea Garden in the Dooars.

Brands:

The company’s diversified brands are:

  • Castleton Caddy
  • Goodricke Premium CTC leaf
  • Badamtam Chestlet
  • Goodricke Perfect
  • Badamtam Sencha Green Tea Caddy
  • Goodricke Fine Estate Tea Bags
  • Green Tea Carton
  • Goodricke CTC – Leaf & Dust
  • Thurbo Carton
  • Zabardast – Leaf & Dust
  • Margaret’s Hope Caddy
  • Gold Estate Carton – Leaf
  • Premium Darjeeling Carton
  • Nakshatra Carton – Dust
  • Special Darjeeling – Roasted Jar  
  • Three-in-one Pinewood Chestlet  
  • Three-in-one Metal Caddy 

Subsidiaries:

  • Stewart Holl (India),
  • Amgoorie India,
  • Koomber Properties and Leasing Company
  • Lawrie Plantation Services,
  • Borbam Investments,
  • Koomber Tea Company,
  • Lebong Investments 

Awards/ Achievements:

Apart from fetching world record prices in the recent past, Goodricke’s Castleton brand is also the first tea garden in the world to receive the ISO 9002 certification.

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