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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Peria Karamalai Tea & Produce Company Ltd (PKTEA)

About the Company - Peria Karamalai Tea & Produce Company Ltd (PKTEA)

The Peria Karamalai Tea & Produce Company Ltd. is a Public Limited Listed company incorporated on 05/07/1913 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L01132WB1913PLC220832 and registration number is 000350. 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. 47.20 Cr. and Equity Capital is Rs. 3.10 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plantations - Tea & CoffeeNo. 7, Munshi Premchand Sarani, Hastings, Kolkata West Bengal 700022periatea@lnbgroup.com
http://www.periatea.com
Management
NamePosition Held
Mr. Lakshmi Niwas BangurChairman
Mrs. Alka Devi BangurManaging Director
Mr. Shreeyash BangurDeputy Managing Director
Mr. Harischandra Maneklal ParekhIndependent Director
Mr. Pudugramam Ramachandran RamakrishnanIndependent Director
Mr. Narasimhan SwaminathanIndependent Director
Mr. Ashok Kumar BhargavaIndependent Director
Mr. Gaurav JalanIndependent Director

The Peria Karamalai Tea & Produce Company Ltd. Share Price Update

Share PriceValue
Today₹355.05
Previous Day₹341.10

Basic Stock Data of Peria Karamalai Tea & Produce Company Ltd (PKTEA)

Market Cap 104 Cr.
Current Price 334
High / Low375/237
Stock P/E357
Book Value 591
Dividend Yield0.15 %
ROCE0.58 %
ROE1.88 %
Face Value 10.0

Data Source: screener.in

Competitors of Peria Karamalai Tea & Produce Company Ltd (PKTEA)

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Tata Coffee Ltd 6,440 Cr. 345347/19935.8 99.30.87 %9.78 %10.1 % 1.00
The Grob Tea Co Ltd 108 Cr. 9311,087/670 7680.21 %4.74 %0.74 % 10.0
Rossell India Ltd 1,720 Cr. 456550/221129 82.30.09 %10.1 %10.3 % 2.00
Norben Tea & Exports Ltd 13.0 Cr. 11.016.0/6.72 13.30.00 %5.02 %1.36 % 10.0
United Nilgiri Tea Estates Company Ltd (UNITEDTEA) 186 Cr. 373384/25611.8 3960.75 %7.72 %6.23 % 10.0
Industry Average62.8 Cr423.235.32271.780.38%7.47%5.75%6.6

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales17.3113.1613.4511.4410.8711.448.2317.9413.6411.7311.1013.2117.79
Expenses8.089.367.747.9110.9213.489.3016.0012.6812.317.0413.8615.80
Operating Profit9.233.805.713.53-0.05-2.04-1.071.940.96-0.584.06-0.651.99
OPM %53.32%28.88%42.45%30.86%-0.46%-17.83%-13.00%10.81%7.04%-4.94%36.58%-4.92%11.19%
Other Income0.120.100.030.670.100.340.130.040.200.280.150.540.21
Interest0.700.660.720.820.890.900.550.410.420.590.520.530.53
Depreciation1.060.820.960.751.061.001.150.950.700.291.340.700.70
Profit before tax7.592.424.062.63-1.90-3.60-2.640.620.04-1.182.35-1.340.97
Tax %72.86%37.60%-0.49%27.76%-16.32%9.17%-3.03%-9.68%0.00%-15.25%17.02%15.67%9.28%
Net Profit2.061.514.081.90-2.21-3.27-2.710.680.03-1.361.96-1.130.88
EPS in Rs6.654.8813.186.14-7.14-10.56-8.752.200.10-4.396.33-3.652.84

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Quarterly Chart

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales29.9440.0936.9730.6339.6545.2349.8749.2039.3872.7947.2051.5453.83
Expenses34.2138.9336.1334.4239.3241.0040.5139.9134.8243.7740.0550.3049.01
Operating Profit-4.271.160.84-3.790.334.239.369.294.5629.027.151.244.82
OPM %-14.26%2.89%2.27%-12.37%0.83%9.35%18.77%18.88%11.58%39.87%15.15%2.41%8.95%
Other Income77.342.313.022.651.090.490.410.320.400.301.140.661.18
Interest0.340.110.320.521.180.700.712.082.532.473.331.972.17
Depreciation1.351.571.562.312.372.262.533.474.244.003.773.093.03
Profit before tax71.381.791.98-3.97-2.131.766.534.06-1.8122.851.19-3.160.80
Tax %11.71%19.55%25.25%-3.78%-0.47%43.18%3.98%28.08%-100.00%50.11%57.14%-6.33%
Net Profit63.011.441.48-4.11-2.141.006.272.93-3.6211.400.50-3.360.35
EPS in Rs203.534.654.78-13.28-6.913.2320.259.46-11.6936.821.62-10.851.13
Dividend Payout %2.46%43.06%31.42%-5.66%-10.86%31.00%3.71%7.94%-4.28%4.08%62.00%-4.61%

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-97.71%2.78%-377.70%47.93%146.73%527.00%-53.27%-223.55%414.92%-95.61%-772.00%
Change in YoY Net Profit Growth (%)0.00%100.49%-380.48%425.63%98.80%380.27%-580.27%-170.28%638.47%-510.53%-676.39%

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Growth

Compounded Sales Growth
10 Years:3%
5 Years:1%
3 Years:9%
TTM:5%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:2%
TTM:106%
Stock Price CAGR
10 Years:%
5 Years:18%
3 Years:18%
1 Year:42%
Return on Equity
10 Years:1%
5 Years:1%
3 Years:2%
Last Year:-2%

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital3.103.103.103.103.103.103.103.103.103.103.103.103.10
Reserves98.6199.32100.2595.8693.44125.55165.55168.07160.74177.53182.56178.72179.75
Borrowings3.053.393.016.2413.877.3722.1323.8726.2114.8751.0021.8423.23
Other Liabilities7.196.337.496.686.095.768.128.058.348.8411.0212.2014.82
Total Liabilities111.95112.14113.85111.88116.50141.78198.90203.09198.39204.34247.68215.86220.90
Fixed Assets17.1016.7415.7417.5217.4118.7038.0937.4936.4034.0132.0029.3927.35
CWIP0.000.000.001.120.031.871.681.651.101.521.511.891.88
Investments72.5770.8263.8362.9865.7189.89130.24127.71110.49132.34113.79115.54134.84
Other Assets22.2824.5834.2830.2633.3531.3228.8936.2450.4036.47100.3869.0456.83
Total Assets111.95112.14113.85111.88116.50141.78198.90203.09198.39204.34247.68215.86220.90

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Reserves and Borrowings Chart

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -17.773.75-4.18-3.067.21-3.856.32-2.690.782.7034.22-29.47
Cash from Investing Activity 21.680.22-1.334.312.654.35-16.954.006.35-2.75-24.8742.82
Cash from Financing Activity -1.85-2.34-1.41-1.21-1.46-0.9811.38-2.95-5.57-1.50-7.41-3.39
Net Cash Flow2.061.63-6.920.038.40-0.480.75-1.651.55-1.551.949.96

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days37.916.1034.1628.4821.9125.9023.2028.9319.6514.5923.8213.88
Inventory Days267.381,597.15378.35229.60615.44845.26343.26293.54
Days Payable329.301,210.03332.97347.99756.64559.85174.48236.30
Cash Conversion Cycle-24.016.1034.16415.6067.28-92.49-118.00314.3519.65183.3723.8271.13
Working Capital Days96.8084.31237.54251.44146.74102.0049.4094.14246.27135.44671.38325.06
ROCE %-3.88%1.55%1.72%-3.82%-1.00%2.00%4.38%3.13%0.32%13.08%1.79%-0.58%

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

Peria Karamalai Tea & Produce Company Ltd (PKTEA) ROCE Trend

Peria Karamalai Tea & Produce Company Ltd (PKTEA) EPS Trend

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-10.861.6236.83-11.689.47
Diluted EPS (Rs.)-10.861.6236.83-11.689.47
Cash EPS (Rs.)-0.8613.8149.752.0120.66
Book Value[Excl.RevalReserv]/Share (Rs.)587.27599.68583.43530.18552.89
Book Value[Incl.RevalReserv]/Share (Rs.)587.27599.68583.43530.18552.89
Revenue From Operations / Share (Rs.)166.46152.46235.11127.21158.92
PBDIT / Share (Rs.)6.1426.7994.7116.0431.05
PBIT / Share (Rs.)-3.8614.6081.782.3419.86
PBT / Share (Rs.)-10.223.8373.80-5.8413.14
Net Profit / Share (Rs.)-10.861.6236.83-11.689.47
NP After MI And SOA / Share (Rs.)-10.861.6236.83-11.689.47
PBDIT Margin (%)3.6817.5740.2812.6019.53
PBIT Margin (%)-2.319.5734.781.8412.49
PBT Margin (%)-6.132.5131.39-4.598.26
Net Profit Margin (%)-6.521.0615.66-9.185.95
NP After MI And SOA Margin (%)-6.521.0615.66-9.185.95
Return on Networth / Equity (%)-1.840.276.31-2.201.71
Return on Capital Employeed (%)-0.612.2712.870.413.31
Return On Assets (%)-1.550.205.57-1.821.44
Long Term Debt / Equity (X)0.040.040.060.060.07
Total Debt / Equity (X)0.110.270.060.140.13
Asset Turnover Ratio (%)0.220.200.360.190.26
Current Ratio (X)3.141.984.881.691.28
Quick Ratio (X)2.801.834.021.260.93
Inventory Turnover Ratio (X)0.440.340.310.330.55
Dividend Payout Ratio (NP) (%)-9.2092.491.35-6.417.92
Dividend Payout Ratio (CP) (%)-115.1710.861.0037.263.63
Earning Retention Ratio (%)109.207.5198.65106.4192.08
Cash Earning Retention Ratio (%)215.1789.1499.0062.7496.37
Interest Coverage Ratio (X)0.962.4911.871.964.62
Interest Coverage Ratio (Post Tax) (X)-0.701.155.61-0.422.41
Enterprise Value (Cr.)99.71144.2278.9042.0074.27
EV / Net Operating Revenue (X)1.933.061.081.071.51
EV / EBITDA (X)52.4717.392.698.467.73
MarketCap / Net Operating Revenue (X)1.762.050.930.531.08
Retention Ratios (%)109.207.5098.64106.4192.07
Price / BV (X)0.490.520.370.120.31
Price / Net Operating Revenue (X)1.762.050.930.531.08
EarningsYield-0.030.010.16-0.170.05

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Profitability Ratios (%)

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Liquidity Ratios

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Liquidity Ratios (%)

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Interest Coverage Ratios (X)

Peria Karamalai Tea & Produce Company Ltd (PKTEA) Valuation Ratios

Fair Value / Intrinsic Value of Peria Karamalai Tea & Produce Company Ltd (PKTEA)

Fair Value: ₹3972.51

The stock is undervalued by 1,089.37% compared to the current price ₹334

*Investments are subject to market risks

Strength and Weakness of Peria Karamalai Tea & Produce Company Ltd (PKTEA)

StrengthWeakness
  1. The company has higher reserves (140.46 cr) compared to borrowings (16.93 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (45.10 cr) and profit (7.79 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 22.94 and average Dividend Yield of 11.27%.
  2. The stock has a low average ROCE of 1.56%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 203.38, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 75.08, which may not be favorable.

Should I Buy Peria Karamalai Tea & Produce Company Ltd (PKTEA) Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Peria Karamalai Tea & Produce Company Ltd (PKTEA):
    1. Net Profit Margin: -6.52%
      • 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: -0.61% (Industry Average ROCE: 6.79%)
      • 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. Interest Coverage Ratio (Post Tax): -0.70
      • 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.
    4. Quick Ratio: 2.80
      • 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.
    5. ✗ Stock P/E: 357 (Industry average Stock P/E: 35.32)
      • 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.
    6. ✓ Total Debt / Equity: 0.11
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Peria Karamalai Tea & Produce Company Ltd (PKTEA). 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