Analysis of Financial Track Record
Value Creation |
|---|
| Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Capital Employed | 7.9% | -5.67% | 11.59% | 11.61% | 3.42% | 2.96% | -1.46% | -2.82% | 0.5% | 0.04% |
| Growth Parameters |
|---|
| 9 yrs | 5 yrs | 3 yrs | 1 yr | |
|---|---|---|---|---|
| Net Sales | -5.1% | -13.1% | -19.8% | -0.2% |
| Adjusted EPS | -185.1% | -211.9% | NA | NA |
| Book Value per Share | 6.4 | 8.2 | -2.5 | -2 |
| Share Price | 5.8% | -8.4% | -17.2% | 30% |
| Key Financial Parameter |
|---|
Management X-Ray
Shareholding Pattern
| Entity | Percentage Holding |
|---|---|
| Promoters | 73.38% |
| Institutions | 0.57% |
| Non-Institutions | 26.05% |
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
FAQs
The 5-year analysis of Bengal Tea & Fabrics Ltd.'s performance infers:
Bengal Tea & Fabrics Ltd. earnings have declined by -211.9%, whereas share price has depreciated -8.4% 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 Bengal Tea & Fabrics Ltd. share prices over the last 10 years. Here is what we found out:
Bengal Tea & Fabrics Ltd. share price has depreciated -4.3% annually over the past ten years. About Company
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
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
Asarwa Mills, a composite textile mill, is situated in the heart of Ahmedabad in the state of
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
- 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
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.
