The Grob Tea Co Ltd
Incorporated in 1895, Grob Tea Co. Ltd is engaged in growing and manufacture of Tea and LED trading business[1]
- Market Cap ₹ 108 Cr.
- Current Price ₹ 929
- High / Low ₹ 1,515 / 746
- Stock P/E 7.09
- Book Value ₹ 928
- Dividend Yield 0.22 %
- ROCE 1.31 %
- ROE 0.05 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.00 times its book value
- Company is expected to give good quarter
Cons
- The company has delivered a poor sales growth of 4.61% over past five years.
- Company has a low return on equity of 2.04% over last 3 years.
- Earnings include an other income of Rs.5.69 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
59 | 60 | 61 | 77 | 74 | 77 | 80 | 82 | 110 | 93 | 102 | 100 | 118 | |
51 | 54 | 57 | 67 | 68 | 71 | 75 | 76 | 81 | 87 | 98 | 99 | 103 | |
Operating Profit | 7 | 6 | 4 | 10 | 6 | 5 | 4 | 6 | 30 | 6 | 4 | 1 | 14 |
OPM % | 13% | 10% | 7% | 14% | 8% | 7% | 5% | 7% | 27% | 7% | 4% | 1% | 12% |
5 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 6 | |
Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 1 |
Depreciation | 2 | 2 | 3 | 4 | 4 | 3 | 3 | 2 | 2 | 3 | 3 | 4 | 4 |
Profit before tax | 10 | 5 | 1 | 6 | 2 | 3 | 2 | 3 | 28 | 5 | 4 | 0 | 15 |
Tax % | 12% | 16% | 34% | 24% | 10% | 29% | 23% | 42% | -0% | 17% | 84% | 108% | |
8 | 4 | 1 | 5 | 2 | 2 | 1 | 2 | 28 | 4 | 1 | -0 | 15 | |
EPS in Rs | 73.13 | 32.87 | 8.26 | 40.35 | 14.54 | 15.92 | 12.05 | 14.20 | 241.07 | 35.71 | 5.16 | -0.09 | 131.03 |
Dividend Payout % | 3% | 6% | 24% | 5% | 14% | 13% | 17% | 14% | 1% | 6% | 39% | -2,320% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | -3% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | -37% |
5 Years: | -51% |
3 Years: | -89% |
TTM: | 458% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | -5% |
1 Year: | -1% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 10% |
3 Years: | 2% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Reserves | 24 | 27 | 30 | 36 | 38 | 40 | 43 | 46 | 74 | 77 | 77 | 78 | 107 |
7 | 2 | 14 | 8 | 3 | 4 | 6 | 10 | 3 | 3 | 12 | 9 | 17 | |
9 | 9 | 11 | 13 | 13 | 15 | 19 | 15 | 14 | 17 | 18 | 15 | 19 | |
Total Liabilities | 41 | 40 | 57 | 58 | 55 | 61 | 69 | 72 | 93 | 99 | 108 | 103 | 144 |
34 | 33 | 45 | 42 | 40 | 37 | 35 | 33 | 34 | 34 | 38 | 39 | 38 | |
CWIP | 0 | 0 | 0 | 0 | 2 | 3 | 3 | 4 | 5 | 6 | 7 | 9 | 11 |
Investments | 0 | 0 | 0 | 2 | 1 | 7 | 7 | 2 | 2 | 5 | 4 | 4 | 4 |
7 | 7 | 12 | 14 | 12 | 13 | 24 | 33 | 52 | 53 | 59 | 51 | 92 | |
Total Assets | 41 | 40 | 57 | 58 | 55 | 61 | 69 | 72 | 93 | 99 | 108 | 103 | 144 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 6 | 5 | 6 | 5 | 9 | -2 | -7 | 25 | 12 | 4 | 2 | |
-15 | -0 | -12 | -2 | 1 | -10 | 1 | 5 | -17 | -11 | -13 | 2 | |
3 | -6 | 11 | -8 | -6 | 1 | 1 | 2 | -8 | -1 | 8 | -4 | |
Net Cash Flow | -1 | -0 | 4 | -3 | -0 | -0 | 1 | -0 | -0 | 0 | -0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 6 | 2 | 4 | 4 | 3 | 7 | 21 | 13 | 9 | 7 | 4 | 6 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 6 | 2 | 4 | 4 | 3 | 7 | 21 | 13 | 9 | 7 | 4 | 6 |
Working Capital Days | -10 | -11 | -8 | 0 | 1 | -5 | 24 | 75 | 75 | 86 | 128 | 128 |
ROCE % | 24% | 17% | 6% | 15% | 6% | 7% | 5% | 8% | 42% | 7% | 5% | 1% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 April 2025 - Dematerialisation compliance certificate for quarter ended March 31, 2025
-
Trading Window-XBRL
26 March 2025 - GROB TEA COMPANY LIMITED has informed about Closure of Trading Window
-
Trading Window
26 March 2025 - Trading window closed from April 1 until 48 hours after audited FY25 results
-
Updates
18 February 2025 - Approved Q3 and nine-month unaudited financial results and amended materiality policy
-
Copy of Newspaper Publication
15 February 2025 - Typo correction for newspaper publication date and re-submission of un-audited financial results extract for Q3 and 9M FY25
Business Overview:[1][2]
Company is engaged in Cultivation and Manufacturing of Tea, trading of LED lights and related products. It produces black tea of crush, tear and curl (CTC) variety, which it sells in the domestic market through a mix of auction and private sales. Company has six tea gardens located in upper Assam and Cachar district. The gardens are spread over 5,676 hectares, of which around 46% is under tea cultivation