B&A Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 2, 2025, 8:39 pm

Market Cap	155 Cr.
Current Price	499
High / Low	734/440
Stock P/E	53.0
Book Value	496
Dividend Yield	0.00 %
ROCE	8.52 %
ROE	5.55 %
Face Value	10.0
PEG Ratio	-1.03

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for B&A Ltd

Competitors of B&A Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Goodricke Group Ltd	376 Cr.	174	357/159		145	0.00 %	14.8 %	25.0 %	10.0
Diana Tea Company Ltd	43.4 Cr.	29.0	53.8/23.5		48.9	0.00 %	3.15 %	0.32 %	5.00
Bengal Tea & Fabrics Ltd	132 Cr.	147	227/115		122	0.68 %	1.98 %	2.13 %	10.0
Bansisons Tea Industries Ltd	3.73 Cr.	5.89	8.90/3.67		9.35	0.00 %	2.66 %	2.66 %	10.0
B&A Ltd	155 Cr.	499	734/440	53.0	496	0.00 %	8.52 %	5.55 %	10.0
Industry Average	8,523.50 Cr	374.29		51.54	246.84	0.35%	8.47%	12.70%	7.00

All Competitor Stocks of B&A Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	97.84	40.79	64.94	108.56	80.30	38.42	54.33	101.81	96.26	37.71	50.51	97.38	73.44
Expenses	76.59	48.98	62.97	80.31	76.59	49.27	58.71	77.12	84.42	52.34	51.77	67.65	72.22
Operating Profit	21.25	-8.19	1.97	28.25	3.71	-10.85	-4.38	24.69	11.84	-14.63	-1.26	29.73	1.22
OPM %	21.72%	-20.08%	3.03%	26.02%	4.62%	-28.24%	-8.06%	24.25%	12.30%	-38.80%	-2.49%	30.53%	1.66%
Other Income	0.29	0.82	0.48	0.63	3.33	1.94	0.59	6.36	0.93	1.43	0.93	1.06	1.25
Interest	0.89	0.49	1.15	0.96	1.05	0.57	1.67	1.06	0.82	0.99	1.66	1.53	1.44
Depreciation	1.02	1.12	1.20	1.24	1.34	1.42	1.31	1.37	1.31	1.14	1.76	1.76	1.77
Profit before tax	19.63	-8.98	0.10	26.68	4.65	-10.90	-6.77	28.62	10.64	-15.33	-3.75	27.50	-0.74
Tax %	4.79%	62.69%	1,360.00%	6.18%	17.42%	26.61%	9.01%	6.46%	7.52%	2.74%	37.87%	4.47%	113.51%
Net Profit	18.69	-14.62	-1.26	25.04	3.84	-13.81	-7.39	26.78	9.83	-15.74	-5.17	26.27	-1.58
EPS in Rs	59.94	-48.90	-7.10	78.29	10.58	-44.94	-25.19	82.26	29.94	-53.97	-19.84	82.00	-6.97

Last Updated: February 28, 2025, 3:05 pm

Below is a detailed analysis of the quarterly data for B&A Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹73.44 Cr.. The value appears to be declining and may need further review. It has decreased from 97.38 Cr. (Sep 2024) to ₹73.44 Cr., marking a decrease of 23.94 Cr..
For Expenses, as of Dec 2024, the value is ₹72.22 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 67.65 Cr. (Sep 2024) to ₹72.22 Cr., marking an increase of 4.57 Cr..
For Operating Profit, as of Dec 2024, the value is ₹1.22 Cr.. The value appears to be declining and may need further review. It has decreased from 29.73 Cr. (Sep 2024) to ₹1.22 Cr., marking a decrease of 28.51 Cr..
For OPM %, as of Dec 2024, the value is 1.66%. The value appears to be declining and may need further review. It has decreased from 30.53% (Sep 2024) to 1.66%, marking a decrease of 28.87%.
For Other Income, as of Dec 2024, the value is ₹1.25 Cr.. The value appears strong and on an upward trend. It has increased from 1.06 Cr. (Sep 2024) to ₹1.25 Cr., marking an increase of 0.19 Cr..
For Interest, as of Dec 2024, the value is ₹1.44 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.53 Cr. (Sep 2024) to ₹1.44 Cr., marking a decrease of 0.09 Cr..
For Depreciation, as of Dec 2024, the value is ₹1.77 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.76 Cr. (Sep 2024) to ₹1.77 Cr., marking an increase of 0.01 Cr..
For Profit before tax, as of Dec 2024, the value is ₹-0.74 Cr.. The value appears to be declining and may need further review. It has decreased from 27.50 Cr. (Sep 2024) to ₹-0.74 Cr., marking a decrease of 28.24 Cr..
For Tax %, as of Dec 2024, the value is 113.51%. The value appears to be increasing, which may not be favorable. It has increased from 4.47% (Sep 2024) to 113.51%, marking an increase of 109.04%.
For Net Profit, as of Dec 2024, the value is ₹-1.58 Cr.. The value appears to be declining and may need further review. It has decreased from 26.27 Cr. (Sep 2024) to ₹-1.58 Cr., marking a decrease of 27.85 Cr..
For EPS in Rs, as of Dec 2024, the value is -6.97. The value appears to be declining and may need further review. It has decreased from 82.00 (Sep 2024) to -6.97, marking a decrease of 88.97.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 1:54 pm

Metric	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
Sales	130	140	146	156	156	189	191	207	248	290	292	290	259
Expenses	108	116	125	134	138	166	173	190	216	247	269	273	244
Operating Profit	22	24	22	22	18	24	19	17	32	43	23	18	15
OPM %	17%	17%	15%	14%	11%	12%	10%	8%	13%	15%	8%	6%	6%
Other Income	1	1	1	1	1	0	1	1	2	2	6	9	5
Interest	9	7	6	5	5	5	6	6	5	4	4	5	6
Depreciation	3	3	3	3	4	4	5	5	5	5	5	5	6
Profit before tax	12	15	13	15	10	15	9	8	24	36	21	17	8
Tax %	26%	23%	21%	28%	30%	30%	26%	20%	30%	26%	33%	22%
Net Profit	9	11	10	11	7	11	6	6	17	27	14	13	4
EPS in Rs	28.55	35.55	31.29	31.65	18.97	29.97	16.19	13.10	46.16	77.71	36.84	33.03	1.22
Dividend Payout %	9%	8%	10%	9%	16%	10%	6%	0%	2%	3%	1%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	22.22%	-9.09%	10.00%	-36.36%	57.14%	-45.45%	0.00%	183.33%	58.82%	-48.15%	-7.14%
Change in YoY Net Profit Growth (%)	0.00%	-31.31%	19.09%	-46.36%	93.51%	-102.60%	45.45%	183.33%	-124.51%	-106.97%	41.01%

B&A Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	8%
5 Years:	9%
3 Years:	5%
TTM:	-11%

Compounded Profit Growth
10 Years:	-4%
5 Years:	7%
3 Years:	-21%
TTM:	-78%

Stock Price CAGR
10 Years:	14%
5 Years:	40%
3 Years:	28%
1 Year:	-4%

Return on Equity
10 Years:	11%
5 Years:	12%
3 Years:	12%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:46 pm

Month	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	3	3	3	3	3	3	3	3	3	3	3	3	3
Reserves	58	68	74	83	59	67	70	73	88	111	119	129	151
Borrowings	45	44	42	38	46	42	45	36	41	24	30	49	70
Other Liabilities	35	34	37	42	44	51	59	52	54	60	65	71	79
Total Liabilities	142	149	156	166	152	163	177	165	186	199	217	252	303
Fixed Assets	97	100	100	102	65	78	82	82	84	86	89	117	117
CWIP	1	1	5	9	21	11	9	7	5	6	6	10	10
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	44	49	51	55	67	74	86	76	96	107	123	125	175
Total Assets	142	149	156	166	152	163	177	165	186	199	217	252	303

Below is a detailed analysis of the balance sheet data for B&A Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 3.00 Cr..
For Reserves, as of Sep 2024, the value is ₹151.00 Cr.. The value appears strong and on an upward trend. It has increased from 129.00 Cr. (Mar 2024) to ₹151.00 Cr., marking an increase of 22.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹70.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 49.00 Cr. (Mar 2024) to ₹70.00 Cr., marking an increase of 21.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹79.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 71.00 Cr. (Mar 2024) to ₹79.00 Cr., marking an increase of 8.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹303.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 252.00 Cr. (Mar 2024) to ₹303.00 Cr., marking an increase of 51.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹117.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 117.00 Cr..
For CWIP, as of Sep 2024, the value is ₹10.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 10.00 Cr..
For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹175.00 Cr.. The value appears strong and on an upward trend. It has increased from 125.00 Cr. (Mar 2024) to ₹175.00 Cr., marking an increase of 50.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹303.00 Cr.. The value appears strong and on an upward trend. It has increased from 252.00 Cr. (Mar 2024) to ₹303.00 Cr., marking an increase of 51.00 Cr..

Notably, the Reserves (₹151.00 Cr.) exceed the Borrowings (70.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	12	8	18	19	5	17	12	13	16	31	11	33
Cash from Investing Activity +	-9	-6	-10	-9	-8	-7	-7	-2	-6	-14	-16	-50
Cash from Financing Activity +	-6	-0	-9	-8	-7	-9	-9	-6	0	-5	-6	9
Net Cash Flow	-3	2	-1	1	-11	0	-4	5	10	12	-11	-9

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-23.00	-20.00	-20.00	-16.00	-28.00	-18.00	-26.00	-19.00	-9.00	19.00	-7.00	-31.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	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	24	26	25	27	27	28	30	30	32	30	28	30
Inventory Days	107	107	121	115	163	138	171	112	280	342
Days Payable	142	111	125	142	109	99	102	69	130	155
Cash Conversion Cycle	-12	22	21	-0	81	68	100	72	182	216	28	30
Working Capital Days	-5	10	9	14	43	39	51	52	62	65	83	70
ROCE %	19%	19%	16%	16%	12%	18%	12%	11%	22%	27%	13%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%
DIIs	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	40.85%	40.84%	40.84%	40.84%	40.84%	40.85%	40.84%	40.85%	40.85%	40.85%	40.84%	40.83%
No. of Shareholders	2,823	2,771	2,669	2,768	2,664	2,605	2,405	2,338	2,218	2,193	2,213	2,154

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	33.03	36.83	77.72	46.18	13.09
Diluted EPS (Rs.)	33.03	36.83	77.72	46.18	13.09
Cash EPS (Rs.)	60.08	61.28	100.61	70.41	34.87
Book Value[Excl.RevalReserv]/Share (Rs.)	493.75	451.57	419.66	336.27	278.98
Book Value[Incl.RevalReserv]/Share (Rs.)	493.75	451.57	419.66	336.27	278.98
Revenue From Operations / Share (Rs.)	935.85	942.66	936.71	795.72	667.80
PBDIT / Share (Rs.)	86.45	83.19	144.31	109.21	57.72
PBIT / Share (Rs.)	69.86	66.45	129.76	94.59	42.83
PBT / Share (Rs.)	55.23	66.19	116.35	79.01	24.96
Net Profit / Share (Rs.)	43.49	44.54	86.06	55.79	19.98
NP After MI And SOA / Share (Rs.)	33.03	36.83	77.72	46.17	13.09
PBDIT Margin (%)	9.23	8.82	15.40	13.72	8.64
PBIT Margin (%)	7.46	7.04	13.85	11.88	6.41
PBT Margin (%)	5.90	7.02	12.42	9.92	3.73
Net Profit Margin (%)	4.64	4.72	9.18	7.01	2.99
NP After MI And SOA Margin (%)	3.52	3.90	8.29	5.80	1.96
Return on Networth / Equity (%)	7.74	9.35	21.07	15.71	5.32
Return on Capital Employeed (%)	11.49	12.95	26.59	23.62	13.07
Return On Assets (%)	4.05	5.26	12.10	7.71	2.46
Long Term Debt / Equity (X)	0.10	0.01	0.04	0.05	0.00
Total Debt / Equity (X)	0.37	0.24	0.21	0.36	0.47
Asset Turnover Ratio (%)	1.24	1.40	1.08	1.06	0.90
Current Ratio (X)	1.82	1.96	1.96	1.34	0.95
Quick Ratio (X)	1.31	1.15	1.22	0.80	0.55
Inventory Turnover Ratio (X)	3.04	3.18	1.87	2.77	1.53
Dividend Payout Ratio (NP) (%)	1.51	5.43	1.28	0.00	7.63
Dividend Payout Ratio (CP) (%)	1.00	3.73	1.08	0.00	3.57
Earning Retention Ratio (%)	98.49	94.57	98.72	0.00	92.37
Cash Earning Retention Ratio (%)	99.00	96.27	98.92	0.00	96.43
Interest Coverage Ratio (X)	5.91	6.90	10.77	7.01	3.23
Interest Coverage Ratio (Post Tax) (X)	3.96	3.71	7.43	4.57	2.12
Enterprise Value (Cr.)	176.25	106.26	105.39	78.37	71.94
EV / Net Operating Revenue (X)	0.60	0.36	0.36	0.31	0.34
EV / EBITDA (X)	6.58	4.12	2.36	2.31	4.02
MarketCap / Net Operating Revenue (X)	0.47	0.25	0.27	0.18	0.14
Retention Ratios (%)	98.48	94.56	98.71	0.00	92.36
Price / BV (X)	1.04	0.61	0.68	0.50	0.38
Price / Net Operating Revenue (X)	0.47	0.25	0.27	0.18	0.14
EarningsYield	0.07	0.15	0.30	0.31	0.13

After reviewing the key financial ratios for B&A Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 33.03. This value is within the healthy range. It has decreased from 36.83 (Mar 23) to 33.03, marking a decrease of 3.80.
For Diluted EPS (Rs.), as of Mar 24, the value is 33.03. This value is within the healthy range. It has decreased from 36.83 (Mar 23) to 33.03, marking a decrease of 3.80.
For Cash EPS (Rs.), as of Mar 24, the value is 60.08. This value is within the healthy range. It has decreased from 61.28 (Mar 23) to 60.08, marking a decrease of 1.20.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 493.75. It has increased from 451.57 (Mar 23) to 493.75, marking an increase of 42.18.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 493.75. It has increased from 451.57 (Mar 23) to 493.75, marking an increase of 42.18.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 935.85. It has decreased from 942.66 (Mar 23) to 935.85, marking a decrease of 6.81.
For PBDIT / Share (Rs.), as of Mar 24, the value is 86.45. This value is within the healthy range. It has increased from 83.19 (Mar 23) to 86.45, marking an increase of 3.26.
For PBIT / Share (Rs.), as of Mar 24, the value is 69.86. This value is within the healthy range. It has increased from 66.45 (Mar 23) to 69.86, marking an increase of 3.41.
For PBT / Share (Rs.), as of Mar 24, the value is 55.23. This value is within the healthy range. It has decreased from 66.19 (Mar 23) to 55.23, marking a decrease of 10.96.
For Net Profit / Share (Rs.), as of Mar 24, the value is 43.49. This value is within the healthy range. It has decreased from 44.54 (Mar 23) to 43.49, marking a decrease of 1.05.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 33.03. This value is within the healthy range. It has decreased from 36.83 (Mar 23) to 33.03, marking a decrease of 3.80.
For PBDIT Margin (%), as of Mar 24, the value is 9.23. This value is below the healthy minimum of 10. It has increased from 8.82 (Mar 23) to 9.23, marking an increase of 0.41.
For PBIT Margin (%), as of Mar 24, the value is 7.46. This value is below the healthy minimum of 10. It has increased from 7.04 (Mar 23) to 7.46, marking an increase of 0.42.
For PBT Margin (%), as of Mar 24, the value is 5.90. This value is below the healthy minimum of 10. It has decreased from 7.02 (Mar 23) to 5.90, marking a decrease of 1.12.
For Net Profit Margin (%), as of Mar 24, the value is 4.64. This value is below the healthy minimum of 5. It has decreased from 4.72 (Mar 23) to 4.64, marking a decrease of 0.08.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 3.52. This value is below the healthy minimum of 8. It has decreased from 3.90 (Mar 23) to 3.52, marking a decrease of 0.38.
For Return on Networth / Equity (%), as of Mar 24, the value is 7.74. This value is below the healthy minimum of 15. It has decreased from 9.35 (Mar 23) to 7.74, marking a decrease of 1.61.
For Return on Capital Employeed (%), as of Mar 24, the value is 11.49. This value is within the healthy range. It has decreased from 12.95 (Mar 23) to 11.49, marking a decrease of 1.46.
For Return On Assets (%), as of Mar 24, the value is 4.05. This value is below the healthy minimum of 5. It has decreased from 5.26 (Mar 23) to 4.05, marking a decrease of 1.21.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.10. This value is below the healthy minimum of 0.2. It has increased from 0.01 (Mar 23) to 0.10, marking an increase of 0.09.
For Total Debt / Equity (X), as of Mar 24, the value is 0.37. This value is within the healthy range. It has increased from 0.24 (Mar 23) to 0.37, marking an increase of 0.13.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.24. It has decreased from 1.40 (Mar 23) to 1.24, marking a decrease of 0.16.
For Current Ratio (X), as of Mar 24, the value is 1.82. This value is within the healthy range. It has decreased from 1.96 (Mar 23) to 1.82, marking a decrease of 0.14.
For Quick Ratio (X), as of Mar 24, the value is 1.31. This value is within the healthy range. It has increased from 1.15 (Mar 23) to 1.31, marking an increase of 0.16.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.04. This value is below the healthy minimum of 4. It has decreased from 3.18 (Mar 23) to 3.04, marking a decrease of 0.14.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 1.51. This value is below the healthy minimum of 20. It has decreased from 5.43 (Mar 23) to 1.51, marking a decrease of 3.92.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 1.00. This value is below the healthy minimum of 20. It has decreased from 3.73 (Mar 23) to 1.00, marking a decrease of 2.73.
For Earning Retention Ratio (%), as of Mar 24, the value is 98.49. This value exceeds the healthy maximum of 70. It has increased from 94.57 (Mar 23) to 98.49, marking an increase of 3.92.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 99.00. This value exceeds the healthy maximum of 70. It has increased from 96.27 (Mar 23) to 99.00, marking an increase of 2.73.
For Interest Coverage Ratio (X), as of Mar 24, the value is 5.91. This value is within the healthy range. It has decreased from 6.90 (Mar 23) to 5.91, marking a decrease of 0.99.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.96. This value is within the healthy range. It has increased from 3.71 (Mar 23) to 3.96, marking an increase of 0.25.
For Enterprise Value (Cr.), as of Mar 24, the value is 176.25. It has increased from 106.26 (Mar 23) to 176.25, marking an increase of 69.99.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.36 (Mar 23) to 0.60, marking an increase of 0.24.
For EV / EBITDA (X), as of Mar 24, the value is 6.58. This value is within the healthy range. It has increased from 4.12 (Mar 23) to 6.58, marking an increase of 2.46.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.47. This value is below the healthy minimum of 1. It has increased from 0.25 (Mar 23) to 0.47, marking an increase of 0.22.
For Retention Ratios (%), as of Mar 24, the value is 98.48. This value exceeds the healthy maximum of 70. It has increased from 94.56 (Mar 23) to 98.48, marking an increase of 3.92.
For Price / BV (X), as of Mar 24, the value is 1.04. This value is within the healthy range. It has increased from 0.61 (Mar 23) to 1.04, marking an increase of 0.43.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.47. This value is below the healthy minimum of 1. It has increased from 0.25 (Mar 23) to 0.47, marking an increase of 0.22.
For EarningsYield, as of Mar 24, the value is 0.07. This value is below the healthy minimum of 5. It has decreased from 0.15 (Mar 23) to 0.07, marking a decrease of 0.08.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of B&A Ltd as of April 3, 2025 is: 1,190.53

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 3, 2025, B&A Ltd is Undervalued by 138.58% compared to the current share price 499.00

Intrinsic Value of B&A Ltd as of April 3, 2025 is: 575.65

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 3, 2025, B&A Ltd is Undervalued by 15.36% compared to the current share price 499.00

Last 5 Year EPS CAGR: -51.65%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.17%, which is a positive sign. The company has higher reserves (88.46 cr) compared to borrowings (42.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (207.23 cr) and profit (15.62 cr) over the years.	The stock has a high average Working Capital Days of 41.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 67.33, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in B&A Ltd:
1. Net Profit Margin: 4.64%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 11.49% (Industry Average ROCE: 8.47%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 7.74% (Industry Average ROE: 12.7%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.96
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.31
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 53 (Industry average Stock P/E: 51.54)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.37
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

B&A Ltd. is a Public Limited Listed company incorporated on 01/06/1915 and has its registered office in the State of Assam, India. Company's Corporate Identification Number(CIN) is L01132AS1915PLC000200 and registration number is 000200. Currently Company is involved in the business activities of Processing and blending of tea including manufacture of instant tea. Company's Total Operating Revenue is Rs. 162.02 Cr. and Equity Capital is Rs. 3.10 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Plantations - Tea & Coffee	Indu Bhawan, Mahatma Gandhi Road, Jorhat Assam 785001	investorrelations@bandaltd.in http://www.barooahs.com

Management
Name	Position Held
Mr. Robin Aidan Farley	Chairman
Mr. Somnath Chatterjee	Managing Director
Mr. Dhruba Jyoti Dowerah	Deputy Managing Director
Mr. Rajkamal Bhuyan	Director
Mr. Anjan Ghosh	Director
Mr. Parthapratim Sengupta	Director
Mr. Amit Chowdhuri	Director
Mr. Himangshu Sekhar Das	Director
Mr. Amit Kiran Deb	Director
Mrs. Mou Mukherjee	Director
Ms. Simeen Hossai	Director

FAQ

What is the intrinsic value of B&A Ltd?

B&A Ltd's intrinsic value (as of 02 April 2025) is ₹1190.53 — 138.58% higher the current market price of ₹499.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 155 Cr. market cap, FY2025-2026 high/low of ₹734/440, reserves of 151 Cr, and liabilities of 303 Cr.

What is the Market Cap of B&A Ltd?

The Market Cap of B&A Ltd is 155 Cr..

What is the current Stock Price of B&A Ltd as on 02 April 2025?

The current stock price of B&A Ltd as on 02 April 2025 is 499.

What is the High / Low of B&A Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of B&A Ltd stocks is ₹734/440.

What is the Stock P/E of B&A Ltd?

The Stock P/E of B&A Ltd is 53.0.

What is the Book Value of B&A Ltd?

The Book Value of B&A Ltd is 496.

What is the Dividend Yield of B&A Ltd?

The Dividend Yield of B&A Ltd is 0.00 %.

What is the ROCE of B&A Ltd?

The ROCE of B&A Ltd is 8.52 %.

What is the ROE of B&A Ltd?

The ROE of B&A Ltd is 5.55 %.

What is the Face Value of B&A Ltd?

The Face Value of B&A Ltd is 10.0.