Indong Tea Company Ltd
Indong Tea Co. is engaged in the business of growing tea leaves and manufacturing of Tea.
- Market Cap ₹ 39.5 Cr.
- Current Price ₹ 26.3
- High / Low ₹ 28.2 / 15.0
- Stock P/E
- Book Value ₹ 32.6
- Dividend Yield 0.00 %
- ROCE -0.63 %
- ROE -2.63 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.81 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.34% over last 3 years.
- Earnings include an other income of Rs.2.24 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plantation & Plantation Products Industry: Tea
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 15.49 | 23.07 | 19.49 | 21.04 | 21.32 | |
| 15.03 | 18.86 | 16.10 | 19.25 | 22.42 | |
| Operating Profit | 0.46 | 4.21 | 3.39 | 1.79 | -1.10 |
| OPM % | 2.97% | 18.25% | 17.39% | 8.51% | -5.16% |
| 1.23 | 0.06 | 0.44 | 3.07 | 2.24 | |
| Interest | 1.99 | 2.12 | 1.61 | 1.01 | 0.80 |
| Depreciation | 0.91 | 0.90 | 2.52 | 2.56 | 1.52 |
| Profit before tax | -1.21 | 1.25 | -0.30 | 1.29 | -1.18 |
| Tax % | 0.00% | -2.40% | 33.33% | 13.18% | -14.41% |
| -1.21 | 1.28 | -0.20 | 1.13 | -1.36 | |
| EPS in Rs | -2.37 | 2.51 | -0.20 | 0.75 | -0.91 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -3% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -220% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 0% |
| Last Year: | -3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 5.11 | 5.11 | 10.00 | 15.00 | 15.00 |
| Reserves | 11.75 | 13.02 | 28.10 | 36.77 | 33.86 |
| 20.97 | 18.42 | 9.60 | 8.59 | 10.35 | |
| 3.53 | 4.05 | 4.67 | 4.43 | 6.76 | |
| Total Liabilities | 41.36 | 40.60 | 52.37 | 64.79 | 65.97 |
| 36.77 | 37.25 | 48.40 | 50.19 | 57.08 | |
| CWIP | 0.74 | 0.04 | 0.04 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3.85 | 3.31 | 3.93 | 14.60 | 8.89 | |
| Total Assets | 41.36 | 40.60 | 52.37 | 64.79 | 65.97 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -0.45 | 4.07 | 3.53 | -3.23 | 3.41 | |
| -3.65 | -0.68 | -2.78 | -7.96 | -5.15 | |
| 4.23 | -3.53 | -0.71 | 11.15 | 1.76 | |
| Net Cash Flow | 0.13 | -0.14 | 0.03 | -0.04 | 0.02 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 0.71 | 2.06 | 10.67 | 10.06 | |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 0.71 | 2.06 | 10.67 | 10.06 | |
| Working Capital Days | 17.44 | 1.42 | 17.60 | 60.20 | |
| ROCE % | 9.06% | 3.11% | 4.26% |
Documents
Announcements
- Disclosure Under Regulation 33 Of SEBI (LODR) Regulations, 2015 In Respect Of Financial Result For The Half Year Ended And Year Ended On 31.03.2024 30 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Dicslosure of Non applicability of Regulations 24A of SEBI LODR Regulation 2015 for the year ended 31st March, 2024
- Certificate Of Non-Applicability Of Related Party Disclosure Under Regulation 23(9) Of SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015 For The Half Year Ended On 31St March, 2024 30 May
- Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations) 30 May
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 30Th May 2024 And Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 30 May
Business Area[1] ITCL is engaged in Tea Plantation & Manufacturing of CTC Tea at Indong Tea Estate situated in the Jalpaiguri District of West Bengal. Their Indong Tea Estate is spread over an area of 740.38 Hectares and consists of Tea Plantation, Tea Factory, Withering Trough House, Officer's Bungalows, Staff Quarters, Labour Quarters, Pump House, General Stores, Dairy Farm, etc.