Mcleod Russel India Ltd

Mcleod Russel Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mcleod Russel India Ltd

₹ 27.4 2.93%
03 Jul 9:00 a.m.
mcleodrussel.com BSE: 532654 NSE: MCLEODRUSS
About

Incorporated in 1998, McLeod Russel
India Ltd is in the business of cultivation
and manufacturing of tea[1]

Key Points

Business Overview:[1][2]
MLRL is a tea plantation company of Kolkata-based B.M. Khaitan Group and was formed
after the demerger of the bulk tea business from Eveready Industries India Ltd. It is in the business of cultivation, manufacture, and sale
of tea and is managed as a single-unit organization.

Website BSE NSE
  • Market Cap ₹ 286 Cr.
  • Current Price ₹ 27.4
  • High / Low ₹ 38.0 / 17.4
  • Stock P/E
  • Book Value ₹ 23.9
  • Dividend Yield 0.00 %
  • ROCE -6.99 %
  • ROE -77.3 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Stock is trading at 1.11 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -7.99% over past five years.
  • Promoter holding is low: 6.24%
  • Company has a low return on equity of -19.1% over last 3 years.
  • Promoter holding has decreased over last 3 years: -11.2%

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
299 219 494 389 254 230 425 489 226 226 366 349 195
403 227 313 378 370 224 208 517 326 231 243 389 381
Operating Profit -104 -8 181 11 -116 6 217 -28 -100 -5 123 -40 -186
OPM % -35% -4% 37% 3% -46% 2% 51% -6% -44% -2% 34% -12% -96%
13 3 3 5 -1 7 2 3 -928 3 2 5 6
Interest 37 46 39 46 35 41 45 40 74 55 48 47 54
Depreciation 23 17 19 19 20 17 18 18 17 16 18 16 16
Profit before tax -152 -68 126 -50 -171 -45 155 -84 -1,120 -73 60 -98 -250
Tax % 24% 2% 3% 12% -13% 15% 16% 16% 4% 1% -3% 17% 13%
-115 -67 123 -44 -193 -38 131 -71 -1,078 -73 61 -82 -218
EPS in Rs -11.00 -6.42 11.74 -4.17 -18.47 -3.66 12.52 -6.78 -103.23 -6.96 5.85 -7.82 -20.91
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,669 1,789 1,646 1,926 1,871 2,055 1,723 1,143 1,438 1,356 1,370 1,136
1,287 1,436 1,516 1,754 1,761 1,903 1,763 1,101 1,243 1,288 1,275 1,244
Operating Profit 381 353 130 172 110 152 -41 42 195 68 95 -108
OPM % 23% 20% 8% 9% 6% 7% -2% 4% 14% 5% 7% -10%
34 42 43 88 184 382 523 73 20 10 -918 16
Interest 51 60 72 109 136 180 338 227 205 165 201 203
Depreciation 39 38 77 102 104 102 84 78 90 75 70 66
Profit before tax 325 297 25 49 55 252 61 -189 -80 -162 -1,093 -362
Tax % 13% 12% -38% 29% -18% 13% 36% 22% 34% -12% 3% 14%
280 261 33 35 64 219 39 -148 -52 -181 -1,057 -312
EPS in Rs 25.03 23.49 2.85 2.56 5.35 19.00 3.05 -14.15 -5.02 -17.32 -101.14 -29.83
Dividend Payout % 28% 30% 105% 59% 4% 2% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -4%
5 Years: -8%
3 Years: -8%
TTM: -17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -157%
Stock Price CAGR
10 Years: -22%
5 Years: 15%
3 Years: -8%
1 Year: 45%
Return on Equity
10 Years: -5%
5 Years: -12%
3 Years: -19%
Last Year: -77%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 55 55 55 41 41 46 44 52 52 52 52 52
Reserves 1,896 2,102 2,037 1,909 1,918 2,121 1,971 1,802 1,771 1,596 517 198
249 304 602 836 936 1,091 1,812 2,346 2,261 2,089 1,961 1,892
434 427 395 604 557 585 733 735 824 1,025 1,209 1,394
Total Liabilities 2,634 2,888 3,089 3,390 3,452 3,843 4,559 4,935 4,908 4,763 3,740 3,536
1,928 2,073 2,165 2,164 2,137 2,120 1,475 1,426 1,397 1,395 1,386 1,280
CWIP 40 53 63 96 91 107 89 93 67 56 47 45
Investments 17 13 12 78 72 96 101 11 53 62 52 62
649 749 848 1,051 1,151 1,520 2,893 3,406 3,391 3,250 2,254 2,148
Total Assets 2,634 2,888 3,089 3,390 3,452 3,843 4,559 4,935 4,908 4,763 3,740 3,536

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
208 197 108 207 137 196 280 84 178 105 205 34
-70 -135 -271 -289 -68 -147 -323 -740 -1 -57 -42 59
-125 -60 159 85 -64 -28 320 362 -132 -120 -174 -100
Net Cash Flow 13 2 -5 3 5 21 277 -295 45 -72 -11 -7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 9 10 19 24 21 22 8 11 8 13 11 15
Inventory Days 251 281 354 244 274 251 275 1,208 352 288 422 343
Days Payable 112 101 169 132 135 136 212 555 192 204 349 345
Cash Conversion Cycle 148 189 204 135 161 137 71 664 168 97 84 13
Working Capital Days 5 19 63 95 127 151 -43 -112 -79 -132 -206 -341
ROCE % 18% 15% 4% 6% 6% 8% 3% -0% 3% 0% 1%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
10.07% 4.33% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25% 6.25%
0.88% 1.35% 1.11% 2.21% 2.12% 4.12% 2.04% 0.01% 0.00% 0.04% 1.37% 2.15%
1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.34% 1.34% 1.34% 1.34%
0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
87.57% 92.84% 91.17% 90.04% 90.15% 88.14% 90.22% 92.26% 92.41% 92.38% 91.04% 90.26%
No. of Shareholders 63,49063,15365,29470,26069,73368,85967,11266,99766,90666,98065,98565,501

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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