B&A Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of B&A Ltd and is it undervalued?

As of 16 September 2026, B&A Ltd's intrinsic value is 657.24, which is 63.90% higher than the current market price of 401.00, suggesting the stock is undervalued. Calculated using the PE ratio method factoring in ROE (2.85 %), book value (442), dividend yield (0.00 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of B&A Ltd?

B&A Ltd is trading at 401.00 as of 16 September 2026, with a FY2026-2027 high of 589 and low of 310. The stock is currently in the middle of its 52-week range. Market cap stands at 124 Cr..

Q: Is B&A Ltd financially healthy?

Key indicators: ROCE of 3.75 % is on the lower side. Dividend yield is 0.00 %.

Q: Is B&A Ltd profitable and how is the profit trend?

B&A Ltd reported a net profit of 11 Cr in Mar 2025 on revenue of 264 Cr. Compared to 27 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹1,726.90Undervalued by 330.65%vs CMP ₹401.00

P/E (168.0) × ROE (2.9%) × BV (₹442.00) × DY (2.00%)

₹657.24Undervalued by 63.90%vs CMP ₹401.00

MoS: +39% (Strong)Confidence: 37/100 (Low)Models: 3 Under, 2 Fair, 3 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹1,294.03	26%	Under (+222.7%)
Graham Number	Earnings	₹427.31	19%	Fair (+6.6%)
Earnings Power	Earnings	₹4.85	12%	Over (-98.8%)
Net Asset Value	Assets	₹443.04	8%	Under (+10.5%)
EV/EBITDA	Enterprise	₹29.10	10%	Over (-92.7%)
Earnings Yield	Earnings	₹183.60	8%	Over (-54.2%)
ROCE Capital	Returns	₹1,578.60	10%	Under (+293.7%)
Revenue Multiple	Revenue	₹426.87	6%	Fair (+6.5%)
Consensus (8 models)		₹657.24	100%	Undervalued

Key Drivers: EPS CAGR -25.1% drags value — could be higher if earnings stabilize. | P/E of 168 makes PE-ROE unreliable — asset/earnings models are better benchmarks.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -25.1%

*Investments are subject to market risks

Analyst Summary

B&A Ltd operates in the Plantations - Tea & Coffee segment, NSE: BNALTD | BSE: 508136, current market price is ₹401.00, market cap is 124 Cr.. At a glance, stock P/E is 168, ROE is 2.85 %, ROCE is 3.75 %, book value is 442, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹657.24, which is about 63.9% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹264 Cr versus the prior period change of -9.0%, while latest net profit is about ₹11 Cr with a prior-period change of -21.4%. The 52-week range shown on this page is 589/310, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisB&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 L01132AS1915PLC0002…

This summary is generated from the stock page data available for B&A Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

B&A Ltd scores 48/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health50/100 · Moderate

ROCE 3.8% WeakROE 2.9% WeakD/E 0.36 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 59.5% Stable

Earnings Quality50/100 · Moderate

OPM contracting (12% → 5%) DecliningWorking capital: 15 days (improving) Efficient

Quarterly Momentum70/100 · Strong

Revenue (4Q): +9% YoY GrowingProfit (4Q): +28% YoY StrongOPM: -3.7% (down 5.4% YoY) Margin pressure

Industry Rank10/100 · Weak

P/E 168.0 vs industry 56.9 Premium to peersROCE 3.8% vs industry 15.3% Below peersROE 2.9% vs industry 49.6% Below peers3Y sales CAGR: -3% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: September 14, 2026, 3:20 pm

Market Cap	124 Cr.
Current Price	401
Intrinsic Value	₹657.24
High / Low	589/310
Stock P/E	168
Book Value	442
Dividend Yield	0.00 %
ROCE	3.75 %
ROE	2.85 %
Face Value	10.0
PEG Ratio	-6.70

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

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
B&A Ltd	124 Cr.	401	589/310	168	442	0.00 %	3.75 %	2.85 %	10.0
Bengal Tea & Fabrics Ltd	127 Cr.	142	169/128	19.2	217	1.06 %	4.76 %	2.32 %	10.0
The Grob Tea Co Ltd	110 Cr.	946	1,236/805	13.5	798	0.21 %	7.35 %	6.81 %	10.0
Norben Tea & Exports Ltd	100 Cr.	64.4	99.5/45.7		12.1	0.00 %	2.96 %	1.65 %	10.0
Dhunseri Tea & Industries Ltd	150 Cr.	143	203/102		504	1.40 %	1.80 %	2.33 %	10.0
Industry Average	8,240.41 Cr	397.28		56.93	261.76	0.51%	15.30%	49.60%	7.00

All Competitor Stocks of B&A Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	80.30	38.42	54.33	101.81	96.26	37.71	50.51	97.38	73.44	43.02	55.63	102.90	80.88
Expenses	76.59	49.27	58.71	77.12	84.42	52.34	51.77	67.65	72.21	63.36	55.64	72.85	83.90
Operating Profit	3.71	-10.85	-4.38	24.69	11.84	-14.63	-1.26	29.73	1.23	-20.34	-0.01	30.05	-3.02
OPM %	4.62%	-28.24%	-8.06%	24.25%	12.30%	-38.80%	-2.49%	30.53%	1.67%	-47.28%	-0.02%	29.20%	-3.73%
Other Income	3.33	1.94	0.59	6.36	0.93	1.43	0.93	1.06	1.24	12.77	1.11	1.05	0.53
Interest	1.05	0.57	1.67	1.06	0.82	0.99	1.66	1.53	1.44	1.42	1.67	2.12	1.57
Depreciation	1.34	1.42	1.31	1.37	1.31	1.14	1.76	1.76	1.77	0.62	1.49	1.54	1.58
Profit before tax	4.65	-10.90	-6.77	28.62	10.64	-15.33	-3.75	27.50	-0.74	-9.61	-2.06	27.44	-5.64
Tax %	17.42%	26.61%	9.01%	6.46%	7.52%	-0.46%	-10.67%	4.47%	113.51%	12.49%	11.17%	3.90%	-2.13%
Net Profit	3.84	-13.81	-7.39	26.78	9.83	-15.26	-3.35	26.27	-1.58	-10.80	-2.29	26.38	-5.51
EPS in Rs	10.58	-44.94	-25.19	82.26	29.94	-52.42	-13.97	82.00	-6.97	-36.06	-8.97	82.23	-18.84

Last Updated: March 3, 2026, 12:00 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 12:00 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	140	146	156	156	189	191	207	248	290	292	290	264	282
Expenses	116	125	134	138	166	173	190	216	247	269	273	255	276
Operating Profit	24	22	22	18	24	19	17	32	43	23	18	9	7
OPM %	17%	15%	14%	11%	12%	10%	8%	13%	15%	8%	6%	4%	2%
Other Income	1	1	1	1	0	1	1	2	2	6	9	16	15
Interest	7	6	5	5	5	6	6	5	4	4	5	6	7
Depreciation	3	3	3	4	4	5	5	5	5	5	5	6	5
Profit before tax	15	13	15	10	15	9	8	24	36	21	17	13	10
Tax %	23%	21%	28%	30%	30%	26%	20%	30%	26%	33%	19%	18%
Net Profit	11	10	11	7	11	6	6	17	27	14	14	11	8
EPS in Rs	35.55	31.29	31.65	18.97	29.97	16.19	13.10	46.16	77.71	36.84	34.58	26.58	18.36
Dividend Payout %	8%	10%	9%	16%	10%	6%	0%	2%	3%	1%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-9.09%	10.00%	-36.36%	57.14%	-45.45%	0.00%	183.33%	58.82%	-48.15%	0.00%	-21.43%
Change in YoY Net Profit Growth (%)	0.00%	19.09%	-46.36%	93.51%	-102.60%	45.45%	183.33%	-124.51%	-106.97%	48.15%	-21.43%

B&A Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	5%
3 Years:	-3%
TTM:	-6%

Compounded Profit Growth
10 Years:	-2%
5 Years:	15%
3 Years:	-30%
TTM:	-35%

Stock Price CAGR
10 Years:	14%
5 Years:	19%
3 Years:	9%
1 Year:	-27%

Return on Equity
10 Years:	10%
5 Years:	11%
3 Years:	7%
Last Year:	6%

Last Updated: September 5, 2025, 2:31 pm

Balance Sheet

Last Updated: August 5, 2026, 6:30 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3	3	3	3	3	3	3	3	3	3	3	3
Reserves	74	83	59	67	70	73	88	111	119	130	138	134
Borrowings	42	38	46	42	45	36	41	24	30	49	69	111
Other Liabilities	37	42	44	51	59	52	54	60	65	71	65	74
Total Liabilities	156	166	152	163	177	165	186	199	217	253	275	321
Fixed Assets	100	102	65	78	82	82	84	86	89	117	118	131
CWIP	5	9	21	11	9	7	5	6	6	10	15	19
Investments	0	0	0	0	0	0	0	0	0	1	1	1
Other Assets	51	55	67	74	86	76	96	107	123	124	142	170
Total Assets	156	166	152	163	177	165	186	199	217	253	275	321

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	18	19	5	17	12	13	16	31	11	32	-1	-0
Cash from Investing Activity +	-10	-9	-8	-7	-7	-2	-6	-14	-16	-49	-4	-32
Cash from Financing Activity +	-9	-8	-7	-9	-9	-6	0	-5	-6	9	14	34
Net Cash Flow	-1	1	-11	0	-4	5	10	12	-11	-9	9	2
Free Cash Flow	8	9	-4	9	5	11	10	24	3	-0	-12	-25
CFO/OP	89%	98%	46%	83%	79%	106%	71%	87%	96%	217%	11%	19%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	24.00	-20.00	-16.00	-28.00	-18.00	-26.00	-19.00	-9.00	19.00	-7.00	-31.00	-60.00

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	26	25	27	27	28	30	30	32	30	28	30	32
Inventory Days	107	121	115	163	138	171	112	280	342
Days Payable	111	125	142	109	99	102	69	130	155
Cash Conversion Cycle	22	21	-0	81	68	100	72	182	216	28	30	32
Working Capital Days	-59	-61	-51	-48	-32	-32	-12	10	41	48	25	15
ROCE %	19%	16%	16%	12%	18%	12%	11%	22%	27%	13%	9%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%	59.15%	59.46%	59.46%	59.47%	59.47%	59.47%
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	40.84%	40.85%	40.85%	40.85%	40.84%	40.83%	40.83%	40.52%	40.53%	40.53%	40.52%	40.52%
No. of Shareholders	2,405	2,338	2,218	2,193	2,213	2,154	2,123	2,122	2,124	2,128	2,067	2,084

Shareholding Pattern Chart

No. of Shareholders

B&A Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	26.58	33.03	36.83	77.72	46.18
Diluted EPS (Rs.)	26.58	33.03	36.83	77.72	46.18
Cash EPS (Rs.)	54.64	60.08	61.28	100.61	70.41
Book Value[Excl.RevalReserv]/Share (Rs.)	454.76	493.75	451.57	419.66	336.27
Book Value[Incl.RevalReserv]/Share (Rs.)	454.76	493.75	451.57	419.66	336.27
Revenue From Operations / Share (Rs.)	852.74	935.85	942.66	936.71	795.72
PBDIT / Share (Rs.)	81.89	86.45	83.19	144.31	109.21
PBIT / Share (Rs.)	62.81	69.86	66.45	129.76	94.59
PBT / Share (Rs.)	43.27	55.23	66.19	116.35	79.01
Net Profit / Share (Rs.)	35.56	43.49	44.54	86.06	55.79
NP After MI And SOA / Share (Rs.)	26.58	33.03	36.83	77.72	46.17
PBDIT Margin (%)	9.60	9.23	8.82	15.40	13.72
PBIT Margin (%)	7.36	7.46	7.04	13.85	11.88
PBT Margin (%)	5.07	5.90	7.02	12.42	9.92
Net Profit Margin (%)	4.17	4.64	4.72	9.18	7.01
NP After MI And SOA Margin (%)	3.11	3.52	3.90	8.29	5.80
Return on Networth / Equity (%)	5.84	7.74	9.35	21.07	15.71
Return on Capital Employeed (%)	10.31	11.49	12.95	26.59	23.62
Return On Assets (%)	3.01	4.05	5.26	12.10	7.71
Long Term Debt / Equity (X)	0.11	0.10	0.01	0.04	0.05
Total Debt / Equity (X)	0.47	0.37	0.24	0.21	0.36
Asset Turnover Ratio (%)	1.01	1.24	1.40	1.08	1.06
Current Ratio (X)	1.53	1.82	1.96	1.96	1.34
Quick Ratio (X)	1.03	1.31	1.15	1.22	0.80
Inventory Turnover Ratio (X)	7.11	3.04	3.18	1.87	2.77
Dividend Payout Ratio (NP) (%)	0.00	1.51	5.43	1.28	0.00
Dividend Payout Ratio (CP) (%)	0.00	1.00	3.73	1.08	0.00
Earning Retention Ratio (%)	0.00	98.49	94.57	98.72	0.00
Cash Earning Retention Ratio (%)	0.00	99.00	96.27	98.92	0.00
Interest Coverage Ratio (X)	4.19	5.91	6.90	10.77	7.01
Interest Coverage Ratio (Post Tax) (X)	2.82	3.96	3.71	7.43	4.57
Enterprise Value (Cr.)	203.09	176.25	106.26	105.39	78.37
EV / Net Operating Revenue (X)	0.76	0.60	0.36	0.36	0.31
EV / EBITDA (X)	8.00	6.58	4.12	2.36	2.31
MarketCap / Net Operating Revenue (X)	0.55	0.47	0.25	0.27	0.18
Retention Ratios (%)	0.00	98.48	94.56	98.71	0.00
Price / BV (X)	1.04	1.04	0.61	0.68	0.50
Price / Net Operating Revenue (X)	0.55	0.47	0.25	0.27	0.18
EarningsYield	0.05	0.07	0.15	0.30	0.31

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of B&A Ltd and is it undervalued?

As of 16 September 2026, B&A Ltd's intrinsic value is ₹657.24, which is 63.90% higher than the current market price of ₹401.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (2.85 %), book value (₹442), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of B&A Ltd?

B&A Ltd is trading at ₹401.00 as of 16 September 2026, with a FY2026-2027 high of ₹589 and low of ₹310. The stock is currently in the middle of its 52-week range. Market cap stands at ₹124 Cr..

How does B&A Ltd's P/E ratio compare to its industry?

B&A Ltd has a P/E ratio of 168, which is above the industry average of 56.93. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is B&A Ltd financially healthy?

Key indicators for B&A Ltd: ROCE of 3.75 % is on the lower side compared to the industry average of 15.30%; ROE of 2.85 % is below ideal levels (industry average: 49.60%). Dividend yield is 0.00 %.

Is B&A Ltd profitable and how is the profit trend?

B&A Ltd reported a net profit of ₹11 Cr in Mar 2025 on revenue of ₹264 Cr. Compared to ₹27 Cr in Mar 2022, the net profit shows a declining trend.

Does B&A Ltd pay dividends?

B&A Ltd has a dividend yield of 0.00 % at the current price of ₹401.00. The company is currently not paying meaningful dividends.