Norben Tea & Exports Ltd

Norben Tea & Exports Ltd

₹ 12.2 -3.33%
22 Jul 4:01 p.m.
About

Incorporated in 1990, Norben Tea & Exports Limited is engaged in the business of growing and manufacturing of Tea and providing Commission.

Key Points

Registration & Memberships:[1]
Norben Tea is a registered member of the Tea Board, the Tea Association of India (TAI), the Calcutta Tea Traders Association (CTTA) and the Siliguri Tea Auction Committee (STAC).

  • Market Cap 14.2 Cr.
  • Current Price 12.2
  • High / Low 16.0 / 7.20
  • Stock P/E
  • Book Value 11.2
  • Dividend Yield 0.00 %
  • ROCE -2.57 %
  • ROE -12.2 %
  • Face Value 10.0

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 4.03% over past five years.
  • Company has a low return on equity of -4.08% over last 3 years.

* 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

Figures in Rs. Crores

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
0.97 1.41 1.95 1.86 0.75 2.16 2.81 2.06 0.74 1.75 2.24 1.40 1.18
0.89 1.00 1.37 1.62 1.06 1.57 2.07 1.79 0.67 1.33 1.16 2.37 1.79
Operating Profit 0.08 0.41 0.58 0.24 -0.31 0.59 0.74 0.27 0.07 0.42 1.08 -0.97 -0.61
OPM % 8.25% 29.08% 29.74% 12.90% -41.33% 27.31% 26.33% 13.11% 9.46% 24.00% 48.21% -69.29% -51.69%
0.03 -0.00 -0.00 -0.00 0.06 -0.00 -0.00 -0.00 0.03 0.01 -0.00 0.02 0.01
Interest 0.19 0.02 0.14 0.30 0.20 0.07 0.10 0.36 0.29 0.18 0.25 0.37 0.27
Depreciation 0.21 0.12 0.12 0.12 0.18 0.14 0.14 0.12 0.16 0.14 0.14 0.15 0.15
Profit before tax -0.29 0.27 0.32 -0.18 -0.63 0.38 0.50 -0.21 -0.35 0.11 0.69 -1.47 -1.02
Tax % 41.38% -0.00% -0.00% -0.00% 9.52% -0.00% -0.00% -0.00% 34.29% -0.00% -0.00% -0.00% 1.96%
-0.40 0.27 0.33 -0.17 -0.69 0.39 0.51 -0.21 -0.48 0.12 0.69 -1.47 -1.03
EPS in Rs -0.34 0.23 0.28 -0.14 -0.59 0.33 0.43 -0.18 -0.41 0.10 0.59 -1.25 -0.88
Raw PDF

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
4.60 3.93 3.73 4.72 4.70 4.64 5.40 4.87 7.46 5.97 7.78 6.58
3.26 3.46 3.48 4.22 4.12 4.59 4.72 5.26 5.05 5.06 6.09 6.64
Operating Profit 1.34 0.47 0.25 0.50 0.58 0.05 0.68 -0.39 2.41 0.91 1.69 -0.06
OPM % 29.13% 11.96% 6.70% 10.59% 12.34% 1.08% 12.59% -8.01% 32.31% 15.24% 21.72% -0.91%
0.20 0.38 0.62 0.17 0.41 0.76 -0.05 0.07 0.06 0.07 0.03 0.03
Interest 0.46 0.30 0.33 0.36 0.47 0.51 0.58 0.72 0.68 0.66 0.83 1.07
Depreciation 0.32 0.32 0.23 0.25 0.36 0.38 0.43 0.47 0.50 0.52 0.55 0.58
Profit before tax 0.76 0.23 0.31 0.06 0.16 -0.08 -0.38 -1.51 1.29 -0.20 0.34 -1.68
Tax % 28.95% 43.48% 25.81% 33.33% 100.00% -25.00% 18.42% 6.62% 9.30% 30.00% 35.29% 1.19%
0.55 0.13 0.23 0.03 0.01 -0.05 -0.45 -1.61 1.18 -0.27 0.21 -1.70
EPS in Rs 0.47 0.11 0.20 0.03 0.01 -0.04 -0.38 -1.37 1.00 -0.23 0.18 -1.45
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: 5%
5 Years: 4%
3 Years: -4%
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -950%
Stock Price CAGR
10 Years: %
5 Years: 23%
3 Years: 27%
1 Year: 49%
Return on Equity
10 Years: -2%
5 Years: -3%
3 Years: -4%
Last Year: -12%

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
Equity Capital 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75
Reserves 3.62 3.65 3.88 3.91 4.08 4.01 3.55 1.93 3.10 2.86 3.10 1.35
1.99 2.23 2.74 3.34 4.54 5.49 6.43 7.58 6.58 7.70 9.05 10.43
0.43 0.54 0.64 0.82 0.73 0.83 0.91 1.40 1.53 1.79 1.82 2.29
Total Liabilities 17.79 18.17 19.01 19.82 21.10 22.08 22.64 22.66 22.96 24.10 25.72 25.82
14.60 14.97 15.62 16.17 16.70 18.43 19.13 19.47 20.19 20.73 21.86 22.49
CWIP -0.00 -0.00 -0.00 0.17 0.62 -0.00 -0.00 -0.00 -0.00 0.19 -0.00 -0.00
Investments -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.01 -0.00
3.19 3.20 3.39 3.48 3.78 3.65 3.51 3.19 2.77 3.18 3.85 3.33
Total Assets 17.79 18.17 19.01 19.82 21.10 22.08 22.64 22.66 22.96 24.10 25.72 25.82

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
1.62 -0.76 0.66 0.57 0.37 1.03 0.55 0.19 2.35 0.59 1.01 0.94
-0.86 0.71 -0.70 -0.85 -1.23 -1.33 -1.02 -0.67 -1.19 -1.24 -1.46 -1.18
-0.77 0.05 0.20 0.24 0.76 0.40 0.40 0.56 -1.21 0.47 0.53 0.31
Net Cash Flow -0.01 -0.00 0.16 -0.04 -0.10 0.10 -0.07 0.09 -0.05 -0.18 0.08 0.06

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 10.32 13.93 19.57 17.01 17.86 12.59 24.33 17.24 13.70 17.12 12.67 6.66
Inventory Days 808.92
Days Payable 394.59
Cash Conversion Cycle 10.32 13.93 19.57 17.01 17.86 12.59 24.33 17.24 13.70 17.12 12.67 420.98
Working Capital Days 97.60 143.96 164.40 122.96 131.24 99.90 77.06 22.48 3.91 20.18 33.78 -11.09
ROCE % 7.07% 4.17% 3.50% 2.25% 3.20% 2.07% 1.58% -3.68% 9.23% 2.10% 5.02% -2.57%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
51.44% 51.44% 51.44% 51.44% 51.45% 51.45% 51.45% 51.45% 51.45% 51.45% 51.45% 51.45%
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12%
48.43% 48.43% 48.43% 48.43% 48.43% 48.42% 48.44% 48.44% 48.43% 48.43% 48.44% 48.44%
No. of Shareholders 25,32725,33425,36324,97424,92524,83824,81124,75824,98424,95824,98825,193

* 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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