Terai Tea Company Ltd - Stock Valuation and Financial Performance

BSE: 530533 | NSE: | Tea/Coffee | Small Cap

Terai Tea Co Share Price

92.74 2.41 2.67%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Terai Tea Co

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Terai Tea Company stock performance -

mw4me loader
P/E Ratio (SA):
23.90
Market Cap:
63.8 Cr.
52-wk low:
63.2
52-wk high:
119.4

Is Terai Tea Company Ltd an attractive stock to invest in?

1. Is Terai Tea Company Ltd a good quality company?

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

2. Is Terai Tea Company Ltd undervalued or overvalued?

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

3. Is Terai Tea Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Terai Tea Company 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 Terai Tea Co:

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.
Terai 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

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3.4%4.3%4.8%4.3%3.5%4%4.6%-2.1%8.9%2.7%-
Value Creation
Index
-0.8-0.7-0.7-0.7-0.8-0.7-0.7-1.2-0.4-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 84.212089.612912914111971.573.293.267
Sales YoY Gr.-42%-25.1%44.4%-0.2%9.1%-15.7%-39.8%2.4%27.3%-
Adj EPS 0.20.21.61.71.31.93.1-6.611.71.93.9
YoY Gr.--8.7%647.6%10.2%-25.4%48.1%60.2%-316.7%NA-84.2%-
BVPS (₹) 525253.69192.294.196.1102.4116.1118123.3
Adj Net
Profit
0.20.11.11.20.91.32.1-4.68.11.33
Cash Flow from Ops. -1.91.43.6292.70.124.324.3-8.7-
Debt/CF from Ops. -22.531.911.619.2412.4643.311.3-4.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.1%-6.3%-7.8%27.3%
Adj EPS 26.1%7.5%-15.4%-84.2%
BVPS9.5%5.1%7.1%1.7%
Share Price 2.2% 20.8% 43.7% 27.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.40.42.72.31.42.13.2-6.710.71.63.2
Op. Profit
Mgn %
6.85.56.94.54.14.1-3.4-9-3.80.6-5.1
Net Profit
Mgn %
0.20.11.20.90.70.91.8-6.4111.44
Debt to
Equity
1.21.21.10.60.60.50.70.40.40.5-
Working Cap
Days
211213307175133125165225147113455
Cash Conv.
Cycle
38233034292038442118242

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.20%

Sales growth has been subdued in last 3 years -7.75%

Net Profit has been subdued in last 3 years -15.44%

Sales growth is not so good in last 4 quarters at -42.63%

Latest Financials - Terai Tea Company Ltd.

Standalone Consolidated
TTM EPS (₹) 3.9 4.6
TTM Sales (₹ Cr.) 66.5 66.5
BVPS (₹.) 123.3 218.6
Reserves (₹ Cr.) 78 143
P/BV 0.75 0.42
PE 23.90 20.23
From the Market
52 Week Low / High (₹) 63.20 / 119.43
All Time Low / High (₹) 25.00 / 375.00
Market Cap (₹ Cr.) 63.8
Equity (₹ Cr.) 6.9
Face Value (₹) 10
Industry PE 92.6

Management X-Ray of Terai Tea Co:

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 Terai Tea Co

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
Sales84.23119.5789.55129.31129.07140.75118.6671.4573.1893.16
Operating Expenses 78.48113.0383.40123.48123.77135.04123.8077.8575.9492.57
Manufacturing Costs11.5014.7513.0415.7516.4816.7714.4011.658.4010.15
Material Costs60.1690.7862.8699.5098.15108.0895.5354.4558.9373.09
Employee Cost 4.054.944.945.276.016.036.026.246.326.76
Other Costs 2.782.552.562.963.144.167.855.512.292.56
Operating Profit 5.756.546.145.835.305.72-5.14-6.40-2.750.59
Operating Profit Margin (%) 6.8%5.5%6.9%4.5%4.1%4.1%-4.3%-9.0%-3.8%0.6%
Other Income 0.640.980.721.741.280.9411.7817.1415.324.73
Interest 3.644.944.1243.773.763.903.491.572.57
Depreciation 1.941.761.851.761.601.651.481.931.581.66
Exceptional Items 0000000000
Profit Before Tax 0.810.810.891.811.211.251.265.329.421.09
Tax 0.400.21-0.190.400.33-0.07-0.151.030.02-0.22
Profit After Tax 0.410.601.081.410.891.311.414.289.401.32
PAT Margin (%) 0.5%0.5%1.2%1.1%0.7%0.9%1.2%6.0%12.8%1.4%
Adjusted EPS (₹)0.60.91.62.11.31.92.16.213.71.9
Dividend Payout Ratio (%)0%0%0%0%0%0%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 39.5839.5740.6662.6163.4264.7466.1570.4479.8481.15
Share Capital 6.906.906.906.906.906.906.906.886.886.88
Reserves 32.6832.6733.7655.7156.5257.8459.2563.5672.9674.28
Minority Interest0000000000
Debt41.9542.7339.7437.8234.7232.9744.8522.4630.1635.08
Long Term Debt19.8224.9023.4122.1411.4025.2125.898.1815.3215.39
Short Term Debt22.1317.8316.3315.6723.327.7618.9714.2814.8419.69
Trade Payables27.2139.3034.735.5811.0115.487.892.4411.302.10
Others Liabilities 4.354.758.7912.875.874.789.117.515.575.47
Total Liabilities 113.10126.35123.93118.87115.02117.97128.01102.84126.87123.80

Fixed Assets

Gross Block65.2469.5769.8955.0456.9157.1762.1959.0959.9260.13
Accumulated Depreciation32.7035.0836.931.763.365.016.497.639.2210.83
Net Fixed Assets32.5434.4932.9753.2953.5552.1655.7151.4550.7049.30
CWIP 2.7300.020.460.061.590.090.140.140.08
Investments 13.3814.6715.2015.2215.6512.0316.0418.4448.7642.22
Inventories8.098.717.058.486.215.753.142.621.552.36
Trade Receivables25.8242.2437.2513.0310.5820.6518.792.3215.413.05
Cash Equivalents 0.840.911.040.491.240.600.300.420.641.19
Others Assets29.6925.3330.4027.9027.7425.1933.9427.449.6625.59
Total Assets 113.10126.35123.93118.87115.02117.97128.01102.84126.87123.80

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1.921.393.562.049.032.690.0724.2624.31-8.67
PBT 0.810.810.891.811.211.251.265.329.421.09
Adjustment 4.955.825.424.825.215.907.014.691.343.49
Changes in Working Capital -3.97-0.261.49-0.342.76-4.36-7.9814.814.02-13.28
Tax Paid -0.24-0.14-0.25-0.24-0.16-0.09-0.23-0.55-0.460.02
Cash Flow From Investing Activity -4.43-2.10-0.44-0.23-1.422.18-8.461.60-29.426.93
Capex -3.31-1.60-0.34-0.68-1.51-1.79-3.522.27-0.83-0.20
Net Investments -1.58-1.29-0.530.410.033.93-5.12-2.41-30.326.54
Others 0.460.790.430.040.050.030.181.741.730.59
Cash Flow From Financing Activity 6.360.78-2.99-1.92-6.86-5.528.09-25.755.322.29
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000-1.92-3.10-1.750.68-17.717.140.07
Interest Paid 0000-3.77-3.76-3.79-3.35-1.49-2.48
Dividend Paid 0000000000
Others 6.360.78-2.9900011.21-4.69-0.324.70
Net Cash Flow 0.010.070.13-0.110.74-0.64-0.290.120.210.55
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.151.672.982.841.412.052.166.2812.511.64
ROCE (%)5.917.226.336.454.965.084.938.5510.653.2
Asset Turnover Ratio0.8710.721.071.11.210.960.620.640.74
PAT to CFO Conversion(x)-4.682.323.31.4510.152.050.055.672.59-6.57
Working Capital Days
Receivable Days7010416271334061544436
Inventory Days3726322221161415108
Payable Days9113421574314545354333

Terai Tea Company Ltd Stock News

Terai Tea Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Terai Tea Co on 12-Apr-2024 16:59 is ₹92.74.
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 12-Apr-2024 16:59 the market cap of Terai Tea Co stood at ₹63.80.
The latest P/E ratio of Terai Tea Co as of 12-Apr-2024 16:59 is 23.90.
The latest P/B ratio of Terai Tea Co as of 12-Apr-2024 16:59 is 0.75.
The 52-week high of Terai Tea Co is ₹119.4 and the 52-week low is ₹63.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Terai Tea Co is ₹66.51 ( Cr.) .

About Terai Tea Company Ltd

Terai Tea Company, incorporated in 1973, is the flagship company of Terai Group of Companies. At the time of incorporation, the company owned one tea estate namely Bagdogra Tea Estate with an installed capacity of 5 lakh kgs of made tea per annum.

Presently, the group owns seven tea gardens and five bought leaf factories with a combined annual capacity of 15 million kgs of made tea. The units of the group are scattered all over North Bengal around the town of Siliguri.

The company’s shares are listed on Bombay Stock Exchange, Calcutta Stock Exchange, Ahmedabad Stock Exchange and Jaipur Stock Exchange since 1995.

One of the company’s unit is also a government recognized Export House.

The company owns popular brands namely ‘Terai King’ ‘Terai Queen’, ‘Terai Rungneet’, ‘Terai Monarch’ ‘Terai Maharaja’ ‘Terai Snow view’ all over Russia.

The group is also engaged in export of various merchandise to Bangladesh and other Middle East Countries. There are several real estate projects in the town of Siliguri at present.

Terai also has a unique spectrum of offering in not only tea plantations and processing units, but it has also diversified its interest in the fields of tea manufacturing, tea export, garment export, food processing, real estate development, steel industries along with other interest.

The Terai group is in the process of setting up solar power projects at Rajasthan and a jute mill in the out skirts of Kolkata.

Units

  • Bagdogra Tea Estate : The tea garden located in Terai region of north Bengal with total area under plantation is 614.86 acres and produces 30 lakh kgs of made tea annually.    
  • CTC Tea Factory (Terai Tea Factory Unit) : The company set up this unit in November 1997 with an objective to produce CTC tea from the green leaf purchased from different suppliers. The unit produces 20 lakh kgs of tea annually.
  • Green Tea Factory (Sevoke Tea Factory Unit): This unit was commissioned on 14 July, 1999 with the sole object of producing good varieties of green teas from the tender leaves of Darjeeling. The product is being sold in the market at a premium and is widely accepted. The unit is at present producing 5 lakh kgs of premium green tea annually.  
  • CTC Tea Factory Unit (Adhikari Tea Factory Unit): This unit was commissioned on 17 February, 2002. The present installed capacity of the unit 25 lakh kgs of CTC tea per annum.
  • Karjeepara Tea Factory Unit: This unit is being set up by the company to manufacture CTC teas out of bought leaves. The unit has stated commercial production in July 2003. The installed capacity of the unit is 25 lakh kgs of made tea per annum.

The combined annual production capacity of Terai Tea Company is 10 million kg.

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