Apeejay Tea Ltd. (Amalgamated) - Stock Valuation and Financial Performance

BSE: 508134 | NSE: ASSAMFRONT | Tea/Coffee | Small Cap

BSE Share Price
Not Listed

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Apeejay Tea Ltd. (Amalgamated) stock performance -

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P/E Ratio (SA):
3.77
Market Cap:
60.9 Cr.
52-wk low:
101
52-wk high:
104.8

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Apeejay Tea (Amalgam:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'12Mar'13TTM
ROCE % 3.1%2.1%-3.7%-0.1%-1.6%0.8%-1.5%9.6%7.7%9.8%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 91938687.394.292.695.7168315379168
Sales YoY Gr.-2.2%-7.5%1.5%7.9%-1.7%3.4%75.3%87.6%20.3%-
Adj EPS 9.25.3-19.4-3.7-11.4-2.3-15.530.32,911.45,672.227
YoY Gr.--42.5%-468.4%NANANANANA9499.1%94.8%-
BVPS (₹) 137.4139.8121.9117.6106107.289.2116.147,20752,743.8111.7
Adj Net
Profit
5.53.2-11.6-2.2-6.9-1.4-9.318.21528.616
Cash Flow from Ops. -4.514.97.4-2.5-7.61-5.619.430.558.9-
Debt/CF from Ops. -4.53.74.6-14.3-9.860.8-20.24.12.51.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 17.2%32.1%58.2%20.3%
Adj EPS 104.3%NANA94.8%
BVPS93.7%246.2%739.5%11.7%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'12Mar'13TTM
Return on
Equity %
2.41.4-5.6-1.1-3.8-0.8-5.911.57.311.30.1
Op. Profit
Mgn %
95.5-15.4-3.8-6.7-0.3-6.914.111.613.8-5.8
Net Profit
Mgn %
63.4-13.5-2.5-7.3-1.5-9.710.94.87.69.6
Debt to
Equity
0.20.70.50.51.212.11.10.30.4-
Working Cap
Days
33638841938237728721116394830
Cash Conv.
Cycle
-58-29-25-24-41320721200

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Apeejay Tea Ltd. (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 27 -
TTM Sales (₹ Cr.) 168 -
BVPS (₹.) 111.7 -
Reserves (₹ Cr.) 61 -
P/BV 0.91 -
PE 3.77 -
From the Market
52 Week Low / High (₹) 101.00 / 104.75
All Time Low / High (₹) 38.80 / 240.00
Market Cap (₹ Cr.) 60.9
Equity (₹ Cr.) 6
Face Value (₹) 10
Industry PE 97.5

Management X-Ray of Apeejay Tea (Amalgam:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Apeejay Tea (Amalgam

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09
Sales93.3187.8590.9792.9986.0387.3294.1892.5695.67167.72
Operating Expenses 7683.4182.9588.43100.2691.67100.7493.04102.46147.94
Manufacturing Costs19.3822.5521.0321.8824.9325.8231.5229.1830.1532.81
Material Costs1.350.720.181.9910.804.450.360.266.4540.37
Employee Cost 43.1546.4346.6751.7951.4850.3755.0850.2554.4257.11
Other Costs 12.1113.7115.0712.7713.0411.0313.7913.3511.4417.64
Operating Profit 17.324.458.024.57-14.23-4.35-6.56-0.48-6.7919.78
Operating Profit Margin (%) 18.6%5.1%8.8%4.9%-16.5%-5.0%-7.0%-0.5%-7.1%11.8%
Other Income 6.605.475.396.2510.047.547.299.379.0210.94
Interest 0.540.732.553.233.362.734.254.837.908.77
Depreciation 2.022.953.693.563.393.283.383.543.993.52
Exceptional Items 0000000000
Profit Before Tax 21.356.247.174.03-10.94-2.82-6.900.52-9.6618.43
Tax 7.201.601.801.22-0.20-0.230.01-0.17-0.332.26
Profit After Tax 14.154.645.372.81-10.74-2.59-6.910.69-9.3416.17
PAT Margin (%) 15.2%5.3%5.9%3.0%-12.5%-3.0%-7.3%0.7%-9.8%9.6%
Adjusted EPS (₹)23.67.78.94.7-17.9-4.3-11.51.1-15.627.0
Dividend Payout Ratio (%)47%65%56%43%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09

Equity and Liabilities

Shareholders Fund 231.72227.53221.52217.14200.41188.77176.64163.73150.18166.08
Share Capital 6666666666
Reserves 225.72221.53215.52211.14194.41182.77170.64157.73144.18160.08
Minority Interest0000000000
Debt0.792.2919.9155.3234.3535.1574.1263.22112.3579.40
Long Term Debt0.792.2919.9155.3234.3535.1574.1263.22112.3579.40
Short Term Debt0000000000
Trade Payables16.5023.5417.0317.3914.9214.6313.6412.5917.7221.08
Others Liabilities 15.599.5711.7310.099.658.038.048.238.9413.06
Total Liabilities 264.60262.93270.19299.93259.33246.58272.43247.76289.19279.62

Fixed Assets

Gross Block233.30243.78247.70252.22253.54256.32262.50237.11242.25241.18
Accumulated Depreciation5765.4274.9384.2593.53102.18110.45103.16109.39111.82
Net Fixed Assets176.30178.36172.77167.97160.01154.14152.05133.96132.86129.35
CWIP 3.260.100.800.380.6010.311.520.050.46
Investments 13.224.852.694.373.202.583.276.5823.849.78
Inventories3.985.928.638.746.329.9412.6717.0515.4114.13
Trade Receivables1.971.852.273.480.470.941.671.386.3218.40
Cash Equivalents 18.341.880.5822.660.600.9616.1163.9263.5859.19
Others Assets47.5469.9682.4492.3488.1277.0286.3423.3647.1248.30
Total Assets 264.60262.93270.19299.93259.33246.58272.43247.76289.19279.62

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09
Cash Flow From Operating Activity 31.35-13.13-4.4614.877.42-2.46-7.551.04-5.5619.39
PBT 21.356.247.174.03-10.94-2.82-6.900.52-9.6618.43
Adjustment -2.55-0.962.362.851.19-1.181.950.424.845.55
Changes in Working Capital 19.82-14.79-12.548.5616.171.57-2.26-1.60.49-3.75
Tax Paid -7.27-3.63-1.45-0.581-0.04-0.341.70-1.23-0.84
Cash Flow From Investing Activity -22.552.48-8.94-22.29-3.974.92-12.1262.80-38.0717.43
Capex -7.53-7.37-4.65-4.17-1.90-3.83-6.80-9.53-2.27-2.15
Net Investments -3.578.491.99-2.180.610.28-0.593.80-18.1813.40
Others -11.451.36-6.27-15.94-2.688.47-4.7368.53-17.626.18
Cash Flow From Financing Activity -8.26-5.8012.0929.50-25.49-2.0734.90-15.7543.35-41.19
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -50.56-0.1929.0916.78-1030-22.1649.13-5.74
Interest Paid -0.54-0.73-2.54-2.92-3.32-2.77-3.78-4.85-5.79-8.05
Dividend Paid -3.45-6.57-2.99-2.99-1.2000000
Others 0.740.9417.816.32-37.7510.718.6811.260-27.40
Net Cash Flow 0.54-16.46-1.3022.08-22.050.3915.2348.09-0.29-4.37
PARTICULARSMar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09
Ratios
ROE (%)18.135.666.53.37-13.68-3.6-10.311.07-15.8526.26
ROCE (%)27.048.3510.386.01-6.14-0.09-2.184.04-1.217.28
Asset Turnover Ratio0.360.340.350.330.310.350.360.360.360.59
PAT to CFO Conversion(x)2.22-2.83-0.835.29N/AN/AN/A1.51N/A1.2
Working Capital Days
Receivable Days44881183561527
Inventory Days16202934323344596232
Payable Days4,679003,1535461,21100857175

Apeejay Tea Ltd. (Amalgamated) Stock News

Apeejay Tea Ltd. (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Apeejay Tea (Amalgam on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Apeejay Tea (Amalgam stood at ₹60.90.
The latest P/E ratio of Apeejay Tea (Amalgam as of 01-Jan-1970 05:30 is 3.77.
The latest P/B ratio of Apeejay Tea (Amalgam as of 01-Jan-1970 05:30 is 0.91.
The 52-week high of Apeejay Tea (Amalgam is ₹104.8 and the 52-week low is ₹101.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Apeejay Tea (Amalgam is ₹167.7 ( Cr.) .

About Apeejay Tea Ltd. (Amalgamated)

Apeejay Tea was founded in 1889 in London and is one of the oldest tea companies in the world. Each of the group's gardens is ISO 9002 compliant and adheres to stringent quality standards.The company produces through Talup, Hilika, Hokunguri, Khobong, Hapjan, Budlabeta, Kharjan, Pengaree, Budlapara tea estates.

The company plans to invest in and explore the needs of the modern tea consumer. Plans for the production of instant, decaffeinated and organic teas are in the pipeline.Through improved field management, infilling, rejuvenation, interplanting, drainage, better plucking techniques and a host of other state-of-the-art innovations, the company plans to increase production by 10%. Clonal plantations of 1500 hectares have been implemented to facilitate increased production. The focal point of the company in the future is to increase the yield of Organic and environmental friendly teas.

The Company's future objectives could be summed up as given below:- Improvement of the quality of tea through technological advancements- Greater realisation of the domestic market through increased per capita consumption- Augment exports through competitive pricing and superlative quality

One of the largest factories in Assam is situated at the Hokunguri Tea Estate producing around 3 million kgs a year. Great emphasis is also being laid on the development of direct exports. Efforts have already established export links with UK, Germany, Iran, Pakistan and Russia. A tried and tested pioneer, the company plans to participate in the tea industry this century by endeavouring to attain perfection in quality tea making.

However, Apeejay Tea Ltd is delisted from BSE on December 14, 2007 as per SEBI (Delisting of Securities) Guidelines 2003.

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