Bengal Tea & Fabrics Ltd Stock Analysis

BSE: 532230 | NSE: | Textile - Spinning | Small Cap

BSE Share Price 25-Nov-2022 18:01
78.65 -1.55 (-1.93%)

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Bengal Tea & Fabrics Price Chart

P/E Ratio (SA) :
2.04
Market Cap :
70.8 Cr.
52-wk low :
57.3
52-wk high :
94
Bole Toh?

1. Is Bengal Tea & Fabrics Ltd a good quality company?

Data is not available for this company.

2. Is Bengal Tea & Fabrics Ltd undervalued or overvalued?

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

3. Is Bengal Tea & Fabrics Ltd a good buy now?

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

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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 11.6%11.6%3.4%3%-1.5%-2.8%0.5%0.2%7.4%16.4%-
Value Creation Index -0.2-0.2-0.8-0.8-1.1-1.2-1.0-1.0-0.50.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 22025322322321414511111149.255.164
YoY Gr. Rt. %-15%-11.7%0.1%-4.1%-32.2%-23.8%0%-55.6%12.1%-
Adj EPS 10.313.511.3-6.9-7.4-1.3-1.79.220.838.6
YoY Gr. Rt. %-31.1%-92.4%29.1%-617.3%NANANANA127.2%-
BVPS (₹) 57.769.370.471.9112.6107.5106.4104.3107.6127.7135.1
Adj Net Profit 9.312.10.91.2-6.2-6.7-1.2-1.58.318.835
Cash Flow from Ops. 10.628.135.218.818.693.34.566.6-
Debt/CF from Ops. 8.93.11.92.92.82.97.14.73.30.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -14.2%-23.8%-20.7%12.1%
Adj EPS 8.2%NANA127.2%
BVPS 9.22.56.318.6
Share Price 11.3% 3.7% 40% 27.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 18.119.80.91-5.9-6.7-1.2-1.68.617.729.4
Op. Profit Mgn % 12.114.17.28.34.10.63.43.520.61813.9
Net Profit Mgn % 4.24.80.40.5-2.9-4.6-1.1-1.316.83454.5
Debt to Equity 1.81.41.10.90.50.30.20.20.200
Working Cap Days 8897122124120145171176403326318
Cash Conv. Cycle 495868626087111107211172259

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 29.30%

Sales growth has been subdued in last 3 years -20.71%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -17.62%

Latest Financials - Bengal Tea & Fabrics Ltd.

Standalone Consolidated
TTM EPS (₹) 38.6 -
TTM Sales (₹ Cr.) 63.8 -
BVPS (₹.) 135.1 -
Reserves (₹ Cr.) 113 -
P/BV 0.58 -
PE 2.04 -
From the Market
52 Week Low / High (₹) 57.25 / 94.00
All Time Low / High (₹) 0.92 / 94.00
Market Cap (₹ Cr.) 70.8
Equity (₹ Cr.) 9
Face Value (₹) 10
Industry PE 11.2

Management X-Ray of Bengal Tea & Fabrics :

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 Bengal Tea & Fabrics

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Bengal Tea & Fabrics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bengal Tea & Fabrics on 25-Nov-2022 18:01 is : 78.65.
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 25-Nov-2022 18:01 the market cap of Bengal Tea & Fabrics stood at ₹ 70.83.
The latest PE ratio of Bengal Tea & Fabrics as of 25-Nov-2022 18:01 is 2.04.
The latest PB ratio of Bengal Tea & Fabrics as of 25-Nov-2022 18:01 is 0.58
The 52-week high of Bengal Tea & Fabrics is ₹ 94.00 and the 52-week low is ₹ 57.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Bengal Tea & Fabrics is ₹ 63.77 ( Cr.) .

About Bengal Tea & Fabrics Ltd

Bengal Tea & Fabrics, belonging to the B D Kanoria Group was incorporated in the year 1983. The company took over the Bengal Tea & Industries, earlier known as Bengal Tea Company, in the year 1985.

Bengal Tea Company was incorporated in the year 1950 by the Kanorias and took over the undertakings of The Ananda Assam Tea Company and Asarwa Mills in the year 1970 and 1976, respectively.

Currently the company has interest in the business of Tea and Textiles, with a turnover of about Rs 126.8 crore.

The tea estates of the company are situated in Upper Assam and produces about1.7 million kilograms of quality black tea.

Asarwa Mills, a composite textile mill, is situated in the heart of Ahmedabad in the state of Gujarat and has an installed capacity of 47,616 spindles and 72 looms. It was set-up in the year 1900 and is one of the oldest mills in India. The present management has modernized the mill in a phased manner to transform the same in a state-of-art, tech-savvy mill. The revenue from export of yarn is about Rs 0.372 crore.

Product Variety:

The Company has interest in the business of tea and textiles.

Tea -

Bengal Tea owns following three tea estates with an annual production of about 1.7 million kilo grams of tea, having a planted area of 623 hectares, situated in North Lakhimpur in Upper Assam.

  • Ananda Tea Estate
  • Pathalipam Tea Estate
  • Bordeobam Tea Estate

The Company processes the green tea leaves at its own factory situated at Ananda Tea Estate. It also processes green tea leaves purchased from small growers.

Products:

Black Tea - CTC - Leaf and Dust and tea seed.

Textile -

The company owns a composite textile mill, namely Asarwa Mills, with an installed capacity of 47,616 spindles and 94 looms, situated in Ahmedabad in the state of Gujarat.

Products:

  • Cotton Yarn
  • Manmade Fiber Yarn
  • Blended Yarn
  • Fabrics - Cloth

Latest Development:

The board of directors of Bengal Tea & Fabrics has recommended a dividend of 5%, at Re 0.50 per equity share of Rs 10 each, subject to shareholders approval.

Outlook:

Due to improvement of demand of quality and the company’s thrust on producing the same, the tea division is expected to maintain profitability.

The outlook of the textile industry appears to be brighter as the farmers continue to cover more area for sowing of BT cottonseeds resulting in higher yields. The company has undertaken the second phase of modernization cum expansion plan and is visualizing a big opportunity in the country having a population of over 1.1 billion with the improving standard of living and changing lifestyle.

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