Rossell India Ltd
Rossell India Ltd was incorporated in 1994 by Mr. H.M. Gupta [1] as Rossell Tea Ltd. It added Aviation and Defence manufacturing and service capabilities for its growth. On 19th April 2011, the company named itself Rossell India Ltd to represent its diverse business. The company has two divisions, namely Tea and Aerospace Defence (Engineering, Manufacturing, and Services). It has spent 27 years in the Tea division and 9 years in the A&D division. [2] The company’s promoter has around three decades of experience in the tea industry. In FY 2013, the company entered the hospitality division but was discontinued from October 1, 2019. [3]
- Market Cap ₹ 475 Cr.
- Current Price ₹ 76.0
- High / Low ₹ 187 / 70.6
- Stock P/E 33.2
- Book Value ₹ 78.7
- Dividend Yield 0.39 %
- ROCE 6.38 %
- ROE 4.50 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.97 times its book value
Cons
- Company has a low return on equity of 8.20% over last 3 years.
- Debtor days have increased from 51.0 to 63.2 days.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
80 | 82 | 106 | 142 | 141 | 161 | 163 | 198 | 322 | 299 | 354 | 367 | 371 | |
54 | 56 | 77 | 104 | 120 | 137 | 159 | 185 | 253 | 254 | 301 | 329 | 333 | |
Operating Profit | 25 | 26 | 29 | 38 | 21 | 24 | 4 | 13 | 69 | 45 | 53 | 38 | 39 |
OPM % | 32% | 31% | 28% | 27% | 15% | 15% | 2% | 7% | 22% | 15% | 15% | 10% | 10% |
1 | -0 | 15 | 4 | 3 | 5 | 3 | 2 | -0 | 11 | 4 | 5 | 6 | |
Interest | 1 | 1 | 2 | 9 | 8 | 7 | 6 | 7 | 16 | 10 | 12 | 14 | 15 |
Depreciation | 2 | 2 | 3 | 4 | 10 | 10 | 9 | 10 | 12 | 12 | 14 | 14 | 14 |
Profit before tax | 23 | 23 | 39 | 29 | 6 | 12 | -8 | -2 | 41 | 33 | 31 | 15 | 16 |
Tax % | 21% | 18% | 22% | 29% | 29% | 21% | -83% | -115% | 20% | 10% | 11% | 17% | |
18 | 19 | 30 | 20 | 4 | 10 | -1 | 0 | 33 | 30 | 28 | 13 | 14 | |
EPS in Rs | 4.93 | 5.08 | 8.25 | 5.57 | 1.17 | 2.60 | -0.36 | 0.07 | 8.97 | 8.18 | 7.33 | 3.38 | 3.67 |
Dividend Payout % | 8% | 8% | 6% | 9% | 43% | 19% | -56% | 0% | 3% | 4% | 5% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | % |
3 Years: | 4% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | % |
3 Years: | -28% |
TTM: | -40% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 30% |
3 Years: | 28% |
1 Year: | -43% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 |
Reserves | 142 | 160 | 187 | 206 | 206 | 214 | 162 | 161 | 209 | 239 | 280 | 289 |
14 | 9 | 58 | 58 | 55 | 72 | 81 | 100 | 177 | 153 | 162 | 194 | |
10 | 10 | 18 | 24 | 26 | 29 | 26 | 29 | 43 | 48 | 65 | 81 | |
Total Liabilities | 174 | 187 | 271 | 296 | 294 | 322 | 277 | 297 | 436 | 448 | 514 | 572 |
114 | 117 | 181 | 197 | 199 | 212 | 174 | 176 | 242 | 234 | 250 | 243 | |
CWIP | 0 | 0 | 0 | 2 | 1 | 2 | 6 | 8 | 11 | 9 | 5 | 14 |
Investments | 33 | 37 | 61 | 57 | 33 | 26 | 21 | 18 | 19 | 18 | 34 | 44 |
27 | 33 | 29 | 40 | 61 | 81 | 77 | 96 | 164 | 186 | 225 | 271 | |
Total Assets | 174 | 187 | 271 | 296 | 294 | 322 | 277 | 297 | 436 | 448 | 514 | 572 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 21 | 21 | 24 | -2 | 7 | -4 | -3 | 35 | 33 | 26 | 6 | |
-3 | -9 | -74 | -24 | 11 | -13 | 5 | -8 | -4 | 0 | -40 | -24 | |
-16 | -7 | 48 | -3 | -10 | 8 | 1 | 9 | -33 | -33 | 14 | 20 | |
Net Cash Flow | -3 | 5 | -5 | -3 | -0 | 2 | 2 | -3 | -1 | 1 | -1 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 18 | 27 | 24 | 9 | 45 | 46 | 41 | 27 | 33 | 40 | 49 | 63 |
Inventory Days | 607 | 557 | 489 | 603 | 581 | 545 | ||||||
Days Payable | 99 | 110 | 45 | 116 | 106 | 135 | ||||||
Cash Conversion Cycle | 18 | 27 | 24 | 9 | 45 | 46 | 549 | 474 | 477 | 528 | 525 | 474 |
Working Capital Days | 16 | 23 | -18 | 5 | 37 | 30 | 54 | 82 | 135 | 162 | 162 | 186 |
ROCE % | 15% | 14% | 13% | 13% | 4% | 6% | -2% | 2% | 9% | 10% | 6% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI (LODR), Regulations, 2015 - Acquisition Of Dhoedaam Tea Estate
9 Dec - Acquisition of Dhoedaam Tea Estate to boost crop base.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
8 Nov - Intimation of lost share certificates by shareholders.
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Apportionment Of Cost Of Acquisition Of Equity Shares Of Rossell India Limited And Rossell Techsys Limited
6 Nov - Guidance on cost of acquisition post-demerger.
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Request For Updation About Our Company In Given Website - Income Statement And Sector
1 Nov - Request to update misleading income statement figures.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Oct
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2011
from bse
Business Segments
The company operates under two business divisions- Aerospace & Defence, and Tea.