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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 538902 | NSE: DTIL

Fundamental Analysis of Dhunseri Tea & Industries Ltd

About the Company - Dhunseri Tea & Industries Ltd

Dhunseri Tea & Industries Ltd. is a Public Limited Listed company incorporated on 07/10/1997 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L15500WB1997PLC085661 and registration number is 085661. 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. 210.52 Cr. and Equity Capital is Rs. 10.51 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plantations - Tea & CoffeeDhunseri House, 4A, Woodburn Park, Kolkata West Bengal 700020mail@dhunseritea.com
http://www.dhunseritea.com
Management
NamePosition Held
Mr. C K DhanukaChairman & Managing Director
Mr. M DhanukaVice Chairman
Mrs. B DhanukaDirector
Mr. R K SharmaDirector
Mr. B BajoriaDirector
Mr. V GoenkaDirector
Prof. A K DuttaDirector
Mrs. A JhunjhunwalaDirector

Basic Stock Data of Dhunseri Tea & Industries Ltd

Last Updated: May 23, 2024, 1:31 pm

Market Cap 209 Cr.
Current Price 198
High / Low275/184
Stock P/E
Book Value 645
Dividend Yield1.51 %
ROCE2.10 %
ROE2.96 %
Face Value 10.0
PEG Ratio0.00

Competitors of Dhunseri Tea & Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Asian Tea & Exports Ltd 29.8 Cr. 14.919.9/10.747.3 30.50.00 %4.62 %2.38 % 10.0
B&A Ltd 190 Cr. 612734/21718.5 4260.08 %11.6 %8.04 % 10.0
Mcleod Russel India Ltd 278 Cr. 26.638.0/17.4 54.40.00 %1.34 %11.1 % 5.00
Rossell India Ltd 1,880 Cr. 499550/266141 82.30.08 %10.1 %10.3 % 2.00
The Grob Tea Co Ltd 105 Cr. 9041,087/740 6770.22 %1.35 %0.01 % 10.0
Industry Average496.56 Cr411.3041.36254.040.08%5.80%6.37%7.40

Dhunseri Tea & Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales147.95113.8152.1781.68133.4691.6142.2679.71125.5091.0941.1691.67142.78
Expenses101.5197.1375.4260.01116.2285.0361.9788.53106.5987.6183.6498.02143.02
Operating Profit46.4416.68-23.2521.6717.246.58-19.71-8.8218.913.48-42.48-6.35-0.24
OPM %31.39%14.66%-44.57%26.53%12.92%7.18%-46.64%-11.07%15.07%3.82%-103.21%-6.93%-0.17%
Other Income-11.1520.950.5314.5218.275.81-121.923.1819.573.471.074.548.07
Interest2.882.511.481.911.672.071.581.952.541.972.743.436.03
Depreciation5.146.143.264.854.885.294.415.244.734.724.366.035.92
Profit before tax27.2728.98-27.4629.4328.965.03-147.62-12.8331.210.26-48.51-11.27-4.12
Tax %9.13%16.94%10.27%11.65%7.60%66.80%-0.70%32.03%41.85%-3,553.85%11.94%15.88%6.80%
Net Profit24.7824.06-24.6426.0026.751.67-148.66-8.7218.159.50-42.72-9.48-3.84
EPS in Rs23.6022.91-23.4724.7625.461.59-141.48-8.3017.279.04-40.66-9.02-3.65

Dhunseri Tea & Industries Ltd Quarterly Chart

Dhunseri Tea & Industries Ltd Profit & Loss

Last Updated: May 28, 2024, 9:29 pm

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales268274302296324302377349337391
Expenses226237245243262284314323347478
Operating Profit4237575363196326-10-87
OPM %16%13%19%18%19%6%17%7%-3%-22%
Other Income8138151067-83815
Interest898971197915
Depreciation1092117191920191922
Profit before tax32323628429541-84-30-109
Tax %12%21%24%-3%32%23%25%-12%20%
Net Profit28252729287331-94-24-100
EPS in Rs26.9624.1025.8427.6226.7669.7129.26-89.69-22.64-95.51
Dividend Payout %19%22%21%19%12%2%11%-4%-13%

Dhunseri Tea & Industries Ltd Profit & Loss Yearly Chart

Dhunseri Tea & Industries Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:3%
3 Years:4%
TTM:15%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-1420%
Stock Price CAGR
10 Years:%
5 Years:6%
3 Years:-3%
1 Year:-6%
Return on Equity
10 Years:%
5 Years:2%
3 Years:3%
Last Year:-3%

Last Updated: May 23, 2024, 1:31 pm

Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital7777777111111
Reserves403398695714751819848738687667
Borrowings1151051151009612894112181207
Other Liabilities6067167147175177174183245245
Total Liabilities5865789859681,0291,1311,1221,0431,1231,130
Fixed Assets464439776753768782748625789778
CWIP003245648491969195
Investments24263542431221371775413
Other Assets98112141129153143146146188243
Total Assets5865789859681,0291,1311,1221,0431,1231,130

Dhunseri Tea & Industries Ltd Reserves and Borrowings Chart

Dhunseri Tea & Industries Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 45284544566463320
Cash from Investing Activity -5-13-41-16-30-184-36-60
Cash from Financing Activity -24-27-5-25-2415-55556
Net Cash Flow16-12-1213-5116

Dhunseri Tea & Industries Ltd Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-73.00-68.00-58.00-47.00-33.00-109.00-31.00-86.00-191.00

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.

Dhunseri Tea & Industries Ltd Free Cash Flow Chart

Dhunseri Tea & Industries Ltd Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days446258604938202022
Inventory Days3594423543735175193213421,470
Days Payable219266210211276254129153694
Cash Conversion Cycle184238203221291302211210798
Working Capital Days326371757887716039
ROCE %7%7%5%6%0%7%7%-2%

Dhunseri Tea & Industries Ltd Financial Efficiency Indicators Chart

Dhunseri Tea & Industries Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters68.90%68.90%68.90%68.90%68.90%68.90%68.90%68.90%68.90%68.90%68.90%68.90%
FIIs0.00%0.02%0.03%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DIIs2.03%2.04%2.04%2.03%2.03%2.03%2.03%2.03%2.03%2.03%2.03%2.03%
Public29.06%29.04%29.03%29.06%29.07%29.07%29.08%29.08%29.07%29.05%29.06%29.06%
No. of Shareholders18,64421,11820,68520,84620,40120,12419,13018,66718,48117,99017,34717,055

Dhunseri Tea & Industries Ltd Shareholding Pattern Chart

No. of Dhunseri Tea & Industries Ltd Shareholders

This stock is not held by any mutual fund

Dhunseri Tea & Industries Ltd ROCE Trend

Dhunseri Tea & Industries Ltd EPS Trend

Dhunseri Tea & Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-22.64-89.6843.85104.4940.12
Diluted EPS (Rs.)-22.64-89.6843.85104.4940.12
Cash EPS (Rs.)-4.51-71.1971.90132.3066.76
Book Value[Excl.RevalReserv]/Share (Rs.)663.43712.341219.951179.191081.59
Book Value[Incl.RevalReserv]/Share (Rs.)663.43712.341219.951179.191081.59
Revenue From Operations / Share (Rs.)321.17332.15537.80431.81462.94
PBDIT / Share (Rs.)0.8577.57120.8334.1096.32
PBIT / Share (Rs.)-17.2659.0792.786.2969.68
PBT / Share (Rs.)-28.42-80.1458.10134.9959.30
Net Profit / Share (Rs.)-22.64-89.6843.85104.4940.12
NP After MI And SOA / Share (Rs.)-22.64-89.6843.85104.4940.12
PBDIT Margin (%)0.2623.3522.467.8920.80
PBIT Margin (%)-5.3717.7817.251.4515.05
PBT Margin (%)-8.84-24.1210.8031.2612.81
Net Profit Margin (%)-7.04-27.008.1524.198.66
NP After MI And SOA Margin (%)-7.04-27.008.1524.198.66
Return on Networth / Equity (%)-3.41-12.593.598.863.70
Return on Capital Employeed (%)-2.046.926.420.445.32
Return On Assets (%)-2.11-9.032.736.472.73
Long Term Debt / Equity (X)0.060.030.030.050.05
Total Debt / Equity (X)0.250.140.080.130.11
Asset Turnover Ratio (%)0.310.230.250.190.21
Current Ratio (X)0.851.832.091.641.37
Quick Ratio (X)0.441.291.381.090.77
Inventory Turnover Ratio (X)0.411.021.380.861.15
Dividend Payout Ratio (NP) (%)-17.67-3.715.704.7819.94
Dividend Payout Ratio (CP) (%)-88.59-4.683.473.7711.98
Earning Retention Ratio (%)117.67103.7194.3095.2280.06
Cash Earning Retention Ratio (%)188.59104.6896.5396.2388.02
Interest Coverage Ratio (X)0.0911.289.002.279.28
Interest Coverage Ratio (Post Tax) (X)-1.317.205.85-1.614.87
Enterprise Value (Cr.)344.65373.78248.22182.12227.83
EV / Net Operating Revenue (X)1.021.070.650.600.70
EV / EBITDA (X)382.694.592.937.623.38
MarketCap / Net Operating Revenue (X)0.560.780.470.250.46
Retention Ratios (%)117.67103.7194.2995.2180.05
Price / BV (X)0.270.360.210.090.19
Price / Net Operating Revenue (X)0.560.780.470.250.46
EarningsYield-0.12-0.340.170.950.18

Dhunseri Tea & Industries Ltd Profitability Ratios (%)

Dhunseri Tea & Industries Ltd Liquidity Ratios

Dhunseri Tea & Industries Ltd Liquidity Ratios (%)

Dhunseri Tea & Industries Ltd Interest Coverage Ratios (%)

Dhunseri Tea & Industries Ltd Valuation Ratios

Fair Value

Fair Value: ₹290.70

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.

Undervalued: 46.82% compared to the current price ₹198

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: ₹104.55

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 47.20% compared to the current price ₹198

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -64.04%

*Investments are subject to market risks

Strength and Weakness of Dhunseri Tea & Industries Ltd Stock

StrengthWeakness
  1. The company has higher reserves (672.00 cr) compared to borrowings (125.30 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (322.00 cr) and profit (8.30 cr) over the years.
  1. The stock has a low average ROCE of 4.11%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 64.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 295.33, which may not be favorable.

Should I Buy Dhunseri Tea & Industries Ltd Share Now?

  • 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 Dhunseri Tea & Industries Ltd:
    1. Net Profit Margin: -7.04%
      • 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: -2.04% (Industry Average ROCE: 4.3%)
      • 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%: -3.41% (Industry Average ROE: 5.15%)
      • 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): -1.31
      • 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: 0.44
      • 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: (Industry average Stock P/E: 19.16)
      • 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: 0.25
      • 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:

FAQ

What is the latest fair value of Dhunseri Tea & Industries Ltd?

The latest fair value of Dhunseri Tea & Industries Ltd is ₹290.70.

What is the Market Cap of Dhunseri Tea & Industries Ltd?

The Market Cap of Dhunseri Tea & Industries Ltd is 209 Cr..

What is the current Stock Price of Dhunseri Tea & Industries Ltd as on 30 May 2024?

The current stock price of Dhunseri Tea & Industries Ltd as on 30 May 2024 is ₹198.

What is the High / Low of Dhunseri Tea & Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Dhunseri Tea & Industries Ltd stocks is 275/184.

What is the Stock P/E of Dhunseri Tea & Industries Ltd?

The Stock P/E of Dhunseri Tea & Industries Ltd is .

What is the Book Value of Dhunseri Tea & Industries Ltd?

The Book Value of Dhunseri Tea & Industries Ltd is 645.

What is the Dividend Yield of Dhunseri Tea & Industries Ltd?

The Dividend Yield of Dhunseri Tea & Industries Ltd is 1.51 %.

What is the ROCE of Dhunseri Tea & Industries Ltd?

The ROCE of Dhunseri Tea & Industries Ltd is 2.10 %.

What is the ROE of Dhunseri Tea & Industries Ltd?

The ROE of Dhunseri Tea & Industries Ltd is 2.96 %.

What is the Face Value of Dhunseri Tea & Industries Ltd?

The Face Value of Dhunseri Tea & Industries Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Dhunseri Tea & Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE