Longview Tea Company Ltd - Stock Valuation and Financial Performance

BSE: 526568 | NSE: | Trading | Small Cap

Longview Tea Share Price

45.40 0.27 0.60%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Longview Tea

M-Cap below 100cr DeciZen not available

ongview Tea Company stock performance -

mw4me loader
P/E Ratio (SA):
11.90
Market Cap:
13.5 Cr.
52-wk low:
20.7
52-wk high:
64.9

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

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

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

2. Is Longview Tea Company Ltd undervalued or overvalued?

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

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

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

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.
Longview 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%1.3%3.3%-1%-0.9%0.2%2.2%1.4%25.9%0.8%-
Value Creation
Index
-0.8-0.9-0.8-1.1-1.1-1.0-0.8-0.90.9-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.90.70.80.50.600.41.21.21.41
Sales YoY Gr.--22.8%5.6%-33.3%14%-100%NA173.8%7%10.6%-
Adj EPS 1.10.41.2-0.6-0.60.110.612.60.43.8
YoY Gr.--69.3%228.6%-151.3%NANA1385.7%-41.4%1960.7%-96.8%-
BVPS (₹) 35.836.237.346.946.646.747.442.354.954.358.8
Adj Net
Profit
0.30.10.3-0.2-0.200.30.23.80.11
Cash Flow from Ops. -0.3-0.5-0.7-0.8-0.6-1.5-1.1-0.22.9-0.4-
Debt/CF from Ops. -1.9-1.2-0.8-0.700000.1-0.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.4%19%47.9%10.6%
Adj EPS -11%NA-27.3%-96.8%
BVPS4.7%3.1%4.7%-1%
Share Price 18.7% 21.1% 70.9% 84.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.213.1-1.4-1.20.22.21.425.90.76.7
Op. Profit
Mgn %
-27.5-70.7-83.9-146.8-117.70-92.9-21.5-25.8-20.3-13.9
Net Profit
Mgn %
37.214.845.9-35.3-29.1074.215.8306.88.876.3
Debt to
Equity
0.10.10.10000000-
Working Cap
Days
3,0933,5993,4805,2294,36607,2772,8992,8142,5881,602
Cash Conv.
Cycle
-9-14-7412806725001,592

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 47.94%

Return on Equity has declined versus last 3 years average to 6.70%

Net Profit has been subdued in last 3 years -27.28%

Sales growth is not so good in last 4 quarters at -1.02%

Latest Financials - Longview Tea Company Ltd.

Standalone Consolidated
TTM EPS (₹) 3.8 -
TTM Sales (₹ Cr.) 1.5 -
BVPS (₹.) 58.8 -
Reserves (₹ Cr.) 15 -
P/BV 0.77 -
PE 11.90 -
From the Market
52 Week Low / High (₹) 20.74 / 64.94
All Time Low / High (₹) 3.86 / 140.00
Market Cap (₹ Cr.) 13.5
Equity (₹ Cr.) 3
Face Value (₹) 10
Industry PE 75.3

Management X-Ray of Longview Tea:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Longview Tea

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
Sales0.920.710.750.500.5700.421.151.231.36
Operating Expenses 1.171.221.381.231.250.750.814.011.592.05
Manufacturing Costs0000000.010.020.010.01
Material Costs0.900.700.730.490.5500.391.111.181.34
Employee Cost 0.200.400.500.540.570.590.220.150.200.18
Other Costs 0.070.120.140.210.120.150.192.720.200.51
Operating Profit -0.25-0.50-0.63-0.73-0.67-0.75-0.39-2.86-0.36-0.68
Operating Profit Margin (%) -27.5%-70.7%-83.9%-146.0%-117.0%--92.9%-247.0%-29.2%-50.0%
Other Income 0.730.671.030.790.940.800.810.985.460.79
Interest 0.060.060.060.060.060000.030
Depreciation 00000000.010.030.04
Exceptional Items 0000000000
Profit Before Tax 0.420.100.3400.210.060.42-1.885.040.06
Tax 0.08000.010.180.030.11-0.371.300.23
Profit After Tax 0.340.110.34-0.010.020.020.31-1.513.74-0.16
PAT Margin (%) 37.2%14.8%45.9%-1.1%4.2%-74.2%-131.0%304.4%-12.0%
Adjusted EPS (₹)1.10.41.20.00.10.11.0-5.112.5-0.6
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 10.9411.0511.3914.0413.961414.2012.6816.4516.28
Share Capital 3.213.213.213333333
Reserves 7.737.848.1811.0410.961111.209.6813.4513.28
Minority Interest0000000000
Debt0.600.600.600.6000000.140.05
Long Term Debt0.600.600.600.60000000
Short Term Debt000000000.140.05
Trade Payables0.030.060.040.120.020.010.01000
Others Liabilities 0.730.190.770.820.49-0.120.790.360.56-0.19
Total Liabilities 12.3011.9012.8115.5814.4813.891513.0417.1516.14

Fixed Assets

Gross Block0.180.180.1800000.320.320.42
Accumulated Depreciation0.180.180.1800000.010.040.07
Net Fixed Assets00000000.310.280.35
CWIP 0000000000
Investments 5.055.055.058.626.356.225.803.127.066.14
Inventories0000000000
Trade Receivables000.030.16000.17000
Cash Equivalents 0.030.010.320.081.320.120.050.410.080.03
Others Assets7.226.837.406.736.817.558.989.199.739.62
Total Assets 12.3011.9012.8115.5814.4813.891513.0417.1516.14

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.32-0.51-0.73-0.82-0.55-1.47-1.08-0.162.85-0.41
PBT 0.420.100.3400.210.060.42-1.885.040.06
Adjustment -0.67-0.61-0.97-0.73-1.09-0.78-0.961.60-1.42-0.34
Changes in Working Capital 0.010.06-0.03-0.040.83-0.67-0.430.16-0.03-0.02
Tax Paid -0.08-0.07-0.07-0.05-0.50-0.08-0.11-0.03-0.75-0.11
Cash Flow From Investing Activity 0.390.531.120.731.261.471.090.22-3.070.54
Capex 0000000-0.32-0.01-0.10
Net Investments -200-0.501.291.410.560.05-2.870.56
Others 2.390.531.121.23-0.030.070.530.48-0.190.08
Cash Flow From Financing Activity -0.06-0.03-0.09-0.24-0.710000.13-0.10
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.06-0.03-0.09-0.03-0.11000-0.02-0.02
Dividend Paid 0000000000
Others 000-0.21-0.600000.15-0.09
Net Cash Flow 0.01-0.010.30-0.33000.010.06-0.090.03
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)3.230.983.12-0.040.170.162.2-11.2725.67-1
ROCE (%)4.231.43.40.461.890.42.97-14.0134.620.41
Asset Turnover Ratio0.080.060.060.040.0400.030.080.080.08
PAT to CFO Conversion(x)-0.94-4.64-2.15N/A-27.5-73.5-3.48N/A0.76N/A
Working Capital Days
Receivable Days00167000146000
Inventory Days0000000000
Payable Days112325614709000

Longview Tea Company Ltd Stock News

Longview Tea Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Longview Tea on 28-Mar-2024 16:01 is ₹45.40.
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 28-Mar-2024 16:01 the market cap of Longview Tea stood at ₹13.52.
The latest P/E ratio of Longview Tea as of 28-Mar-2024 16:01 is 11.90.
The latest P/B ratio of Longview Tea as of 28-Mar-2024 16:01 is 0.77.
The 52-week high of Longview Tea is ₹64.94 and the 52-week low is ₹20.74.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Longview Tea is ₹1.49 ( Cr.) .

About Longview Tea Company Ltd

Longview Tea Company was incorporated on January 16, 1879. James, Warren & Company Ltd (formerly known as Planters' Stores & Agency Co Ltd), which had been looking after the management of the company as secretary and treasurers, resigned on January 31, 1950 and the management was taken over by Daga & Co. Ltd, a private company incorporated under the Indian Companies Act, 1913, as managing agents of the company.

LTCL started operations with a single tea estate, i.e. the Longview Tea Estate (LVTE), in Darjeeling. At present the company functions with six tea estates at Darjeeling, Dooars and Terai regions and produces over 30 lakh kg of tea consisting of Darjeeling, CTC and Green varieties. The company's policy has been to acquire new tea estates to abet growth.

Subsidiaries of the company:

LTCL has four subsidiaries; namely: 1) Merlin Holdings Pvt Ltd (MHPL) 2) Narsingh Holdings Ltd (NHL) 3) Himadri Plantations Ltd (HPL) and 4) Arunodaya Plantations Ltd (APL)

Group/Associate companies:

 The Daga family has also promoted other industrial enterprises including Deepak Spinners Ltd, Deepak Industries Ltd and Continental Profiles Ltd.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.