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Asian Tea & Exports Ltd. Stock Analysis

Small Cap
Evaluated by 96 users | BSE: 519532 | NSE: |
Trading
Asian Tea & Exports incorporated in 1987, is engaged in producing and exporting tea. The company was incorporated under the name Sita Plantations. The company is one of the leading exporters of tea in India. Company's tea blending and packing plant is a 100% export oriented...

Analysis of Financial Track Record

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
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 11.96%5.31%7.65%4.72%2.6%3.01%-0.26%1.87%1.05%4.02%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 12813412155.159.530.129.420.110.6151
Y-o-Y Gr. Rt.-4.2%-9.3%-54.6%8%-49.4%-2.4%-31.6%-47.4%1327.9%
Adjusted EPS (Rs.) 2.7511.620.770.520.34-0.50.16-0.050.48
Y-o-Y Gr. Rt.--63.6%62%-52.5%-32.5%-34.6%-247.1%NA-131.3%NA
Book Value per Share (Rs.) 21.3222.2923.2223.8524.4224.7624.9325.125.1226.08
Adjusted Net Profit 2.811.60.80.50.3-0.50.2-0.10.5
Net Op. Cash Flow (Rs. Cr.) -16.9-1.40.431.8-3.40.42.4-9.4-6.6-18.6
Debt to Cash Flow from Ops -1.72-21.1980.670.05-1.513.570.52-0.7-1.17-2.13
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Asian Tea & Exports Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 1.9%20.5%72.6%1327.9%
Adjusted EPS -17.6%-1.6%NANA
Book Value per Share 2.31.31.53.8
Share Price -4.6% 3% -4.9% 98.3%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 15.264.567.13.282.151.39-1.990.63-0.211.88
Operating Profit Margin (%) 2.792.884.634.461.42.91-1.182.16-1.741.77
Net Profit Margin (%) 2.140.741.331.40.871.14-1.680.78-0.50.32
Debt to Equity 1.361.331.340.070.210.20.050.260.311.52
Working Capital Days 8810912218113527515821351793
Cash Conversion Cycle 739310412338106828919248
Entity Percentage Holding
Promoters 65.68%
Institutions 0.14%
Non-Institutions 34.18%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Asian Tea & Exports Ltd.'s performance infers:

Asian Tea & Exports Ltd. earnings have declined by -1.6%, whereas share price has appreciated 3% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Asian Tea & Exports Ltd. share prices over the last 10 years. Here is what we found out:

Asian Tea & Exports Ltd. share price has appreciated -7.2% annually over the past ten years.

Asian Tea & Exports incorporated in 1987, is engaged in producing and exporting tea. The company was incorporated under the name Sita Plantations. The company is one of the leading exporters of tea in India. Company's tea blending and packing plant is a 100% export oriented unit.

Besides tea, the company is also engaged in manufacturing activities, trading and exports of coffee and garment. Company’s blending and packing units are located in Calcutta and Coimbatore in

Asian Tea & Exports incorporated in 1987, is engaged in producing and exporting tea. The company was incorporated under the name Sita Plantations. The company is one of the leading exporters of tea in India. Company's tea blending and packing plant is a 100% export oriented unit.

Besides tea, the company is also engaged in manufacturing activities, trading and exports of coffee and garment. Company’s blending and packing units are located in Calcutta and Coimbatore in India.

Business Area

Tea- Company owns tea garden-Matigara Tea Estate situated in Darjeeling. Company’s annual production is more than one million Kgs of Black and Green tea. Beside India, the company also has blending facilities located at Kenya, Vietnam, Indonesia and Sri Lanka.

Company manufactures three types of teas such as Black Tea, Green Tea and Oolong Tea. Company offers teas from different tea growing regions of India such as Assam, Darjeeling and Nilgiris and other countries namely Sri Lanka, Kenya, Indonesia and Vietnam. The company markets its products under the brand name “FOUR SEASONS”.

Coffee: Company also manufactures and exports Coffee-in fine powder and granulated form in consumer pack in small tins as well as in bulk.  Garments: Company also manufactures and exports 100% Cotton garments like inner wear and T-Shirts etc. for men and women.

Awards

The company has received ISO 9001:2000 certified for Quality Management. The company has received recognition of Star Export House given by Government of India.

Asian Tea & Exports was awarded the Niryat Shree Gold Trophy for two consecutive years-2002 and 2003, by FIEO, Ministry of Commerce, and Government of India for excellence in exports. 

Future plans

Asian Tea & Exports plans to increase production volume and launch a new brand of speciality teas in selected markets.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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