Asian Tea & Exports Ltd - Stock Valuation and Financial Performance

BSE: 519532 | NSE: | Trading | Small Cap

Asian Tea & Exports Share Price

17.42 -0.93 -5.07%
as on 20-Dec'24 16:59

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Asian Tea & Exports stock performance -

mw4me loader
P/E Ratio (SA):
133.49
Market Cap:
34.8 Cr.
52-wk low:
11.1
52-wk high:
21

Is Asian Tea & Exports Ltd an attractive stock to invest in?

1. Is Asian Tea & Exports Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Asian Tea & Exports Ltd is a below average quality company.

2. Is Asian Tea & Exports Ltd undervalued or overvalued?

The key valuation ratios of Asian Tea & Exports Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Asian Tea & Exports Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Asian Tea & Exports Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Asian Tea & Exports:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Asian Tea & Exports Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 4.4%2.9%2.8%2.1%7.5%11.6%7.4%5.8%2.8%3%-
Value Creation
Index
-0.7-0.8-0.8-0.9-0.5-0.2-0.5-0.6-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 30.129.420.110.6151219937333.234.345
Sales YoY Gr.--2.4%-31.6%-47.4%1,327.9%45%-57.6%-21.5%-54.5%3.4%-
Adj EPS 0.3-0.40.1-00.41.30.10.3-0.6-0.20.1
YoY Gr.--244.4%NA-133.3%NA229%-94.4%257.1%-324%NA-
BVPS (₹) 19.619.819.919.920.722.422.922.322.122.222.3
Adj Net
Profit
0.3-0.50.2-0.10.51.60.10.5-1.1-0.50
Cash Flow from Ops. 0.42.4-9.4-6.6-18.629.5-2.9-7.75.83.2-
Debt/CF from Ops. 13.60.5-0.7-1.2-2.11-11.1-4.63.45.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.5%-25.7%-28.3%3.4%
Adj EPS -198.7%-191.2%-250.8%NA
BVPS1.4%1.5%-1.1%0.7%
Share Price 2.5% 25.7% -9.2% 13.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1.4-20.6-0.21.95.80.31.4-2.5-1.10.6
Op. Profit
Mgn %
2.9-1.22.2-1.71.82.92.74.8-3.4-2.20.5
Net Profit
Mgn %
1.1-1.70.8-0.50.30.70.10.7-3.4-1.40.6
Debt to
Equity
0.20.10.30.31.51.11.10.80.50.40
Working Cap
Days
2751582135179393192281591450157
Cash Conv.
Cycle
10682891924830449723818794

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.60%

Debt to equity has declined versus last 3 years average to 0.41

Sales growth is good in last 4 quarters at 61.45%

Sales growth has been subdued in last 3 years -28.27%

Net Profit has been subdued in last 3 years -250.79%

Latest Financials - Asian Tea & Exports Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 0.2
TTM Sales (₹ Cr.) 45 53
BVPS (₹.) 22.3 29.5
Reserves (₹ Cr.) 25 39
P/BV 0.78 0.59
PE 133.49 73.50
From the Market
52 Week Low / High (₹) 11.10 / 21.00
All Time Low / High (₹) 0.55 / 91.52
Market Cap (₹ Cr.) 34.8
Equity (₹ Cr.) 20
Face Value (₹) 10
Industry PE 62.3

Management X-Ray of Asian Tea & Exports:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.0054.2326.2826.280.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Asian Tea & Exports

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales30.1229.4120.1210.59151.21219.2592.967333.1934.31
Operating Expenses 29.2429.7519.6810.77148.53212.9890.4569.5134.3235.04
Manufacturing Costs0.060.090.040.121.922.760.610.040.280.05
Material Costs27.8328.8518.659.08131.05187.7986.5867.6331.1733.39
Employee Cost 0.400.340.340.380.470.660.560.400.340.31
Other Costs 0.950.480.651.1915.0921.772.691.442.531.30
Operating Profit 0.88-0.350.43-0.182.686.272.503.49-1.13-0.74
Operating Profit Margin (%) 2.9%-1.2%2.2%-1.7%1.8%2.9%2.7%4.8%-3.4%-2.1%
Other Income 0.551.240.410.891.061.021.980.653.222.69
Interest 0.780.600.550.562.144.253.433.212.421.59
Depreciation 0.120.070.050.040.060.120.100.080.100.06
Exceptional Items 0000000000
Profit Before Tax 0.530.210.250.101.542.930.950.85-0.430.30
Tax 0.130.050.090.080.520.820.230.2700.01
Profit After Tax 0.400.170.170.021.022.110.720.58-0.430.29
PAT Margin (%) 1.3%0.6%0.8%0.2%0.7%1.0%0.8%0.8%-1.3%0.8%
Adjusted EPS (₹)0.30.10.10.00.81.70.60.3-0.20.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 24.7624.9325.1025.1226.0828.2028.9444.5444.1344.43
Share Capital 10101010101010202020
Reserves 14.7614.9315.1015.1216.0818.2018.9424.5424.1324.43
Minority Interest0000000000
Debt4.941.256.287.4039.5929.9130.6233.0418.1216.86
Long Term Debt003.733.503.442.884.867.173.351.96
Short Term Debt4.941.252.553.9036.1527.0325.7625.8714.7714.90
Trade Payables3.801.470.721.7811.2011.846.588.820.110.07
Others Liabilities 0.170.050.521.262.611.081.252.381.921.81
Total Liabilities 33.6827.7032.6235.5679.4871.0367.3988.7964.2863.17

Fixed Assets

Gross Block1.571.110.640.720.831.011.020.820.830.56
Accumulated Depreciation1.100.970.540.520.580.650.750.500.590.44
Net Fixed Assets0.470.140.100.200.250.360.270.320.240.12
CWIP 0000000000
Investments 16.5716.2917.5118.4618.4619.0719.0720.0820.0620.08
Inventories8.954.252.483.4230.456.808.988.274.701.50
Trade Receivables3.952.313.264.3912.6113.0612.1025.8314.5714.51
Cash Equivalents 1.241.191.590.330.150.771.332.702.130.15
Others Assets2.493.527.688.7617.5630.9725.6431.5922.5826.81
Total Assets 33.6827.7032.6235.5679.4871.0367.3988.7964.2863.17

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.362.41-9.39-6.58-18.5929.45-2.85-7.665.793.15
PBT 0.530.210.250.101.542.930.950.85-0.430.30
Adjustment 0.10-0.900.40-0.052.604.283.442.910.460.22
Changes in Working Capital -0.113.27-9.96-6.68-22.3722.69-6.82-11.136.042.87
Tax Paid -0.16-0.18-0.080.05-0.36-0.45-0.42-0.29-0.28-0.24
Cash Flow From Investing Activity -1.951.245.054.72-11.40-14.975.58-6.3111.51-2.12
Capex -0.021.18-0.01-0.13-0.11-0.22-0.01-0.14-0.020.12
Net Investments -1.950-1.2200-0.600-10.020
Others 0.010.056.274.85-11.29-14.145.59-5.1611.50-2.25
Cash Flow From Financing Activity -0.04-3.694.740.6029.81-13.86-2.1615.34-17.87-3.01
Net Proceeds from Shares 00000001500
Net Proceeds from Borrowing 0000000000
Interest Paid 00-0.55-0.56-2.14-4.25-3.43-3.21-2.42-1.59
Dividend Paid 0000000000
Others -0.04-3.695.281.1631.95-9.611.273.55-15.45-1.41
Net Cash Flow -1.62-0.050.40-1.26-0.190.620.561.37-0.57-1.98
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.610.670.660.073.977.782.511.58-0.960.65
ROCE (%)4.432.922.762.067.4711.557.365.792.772.99
Asset Turnover Ratio0.740.960.670.312.632.911.340.930.430.54
PAT to CFO Conversion(x)0.914.18-55.24-329-18.2313.96-3.96-13.21N/A10.86
Working Capital Days
Receivable Days142395013221214995222155
Inventory Days878261102413131437133
Payable Days14333215018223942521

Asian Tea & Exports Ltd Stock News

Asian Tea & Exports Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Asian Tea & Exports on 20-Dec-2024 16:59 is ₹17.42.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Asian Tea & Exports stood at ₹34.84.
The latest P/E ratio of Asian Tea & Exports as of 20-Dec-2024 16:59 is 133.5.
The latest P/B ratio of Asian Tea & Exports as of 20-Dec-2024 16:59 is 0.78.
The 52-week high of Asian Tea & Exports is ₹21.00 and the 52-week low is ₹11.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Asian Tea & Exports is ₹45.04 ( Cr.) .

About Asian Tea & Exports Ltd

Asian Tea & Exports Limited is a leading exporter of Tea. The company is recognised by the Government of India as a Star Export House. For five years - it has been awarded the prestigious Niryat Shree Export Award by FIEO, Ministry of Commerce, Government of India for excellence in exports.

With its long experience in the manufacture of tea in India and the trading of teas from all over the world, it has a body of knowledge about tea that enables it to customize tea blends to perfection. The company has the expertise to provide end to end solutions to its customers. From sourcing tea from all origins, tasting, customizing blends, providing specialty teas and flavoured teas, to third party labeling and packaging.

The company meets the requirements of some of the biggest tea brands in their respective country. It is one of the largest exporter of teas to Kazakhstan and Middle East. Countries it exports to are Russia, Iran, UAE, Iraq, Uzbekistan, Pakistan, Afghanistan, Egypt, Saudi Arabia, Germany, Kenya, Sri Lanka, Hongkong, UK, and Japan. Millions of cups of its teas are consumed daily by satisfied consumers worldwide.

Business area of the company

The company is engaged in tea plantation & manufacturing, trading and exports of tea, international trade and imports of various commodities. It also exports Rice, Sugar and other commodities to countries in Africa, Middle East and other countries.

Further, the company is engaged in International and Domestic Trade of Foodstuff and other commodities. A variety of Pulses like Yellow Peas, Pigeon Peas (Toor), Red Lentils (Masoor), Udat and Soyabean, Cashew Nut etc. are traded internationally with countries like Russia, Ukraine, Lithuania, Canada, Argentina, Tanzania, Mozambique, Benin, Burma & others.

Products

Bulk Tea: There are three different types of teas produced- Black Tea, Green Tea and Oolong Tea. Black Tea with two varieties - The traditional Orthodox (leaf) tea and the modern process of CTC (granular) tea is the most popularly consumed in the world followed by Green Tea and oolong tea. Tea produced results in four different sieved qualities - Leaf Tea, Broken Tea, Fannings and Dust.

Packet Tea: Asian Tea brings to you a selection of the choicest teas in packets and tea bags of different varieties under its international label- FOUR SEASONS.

Pulses: The ocmpany is actively engaged in the trade of pulses, both international and domestic. The company imports various types of pulses like Whole Pigeon Peas (Toor), Yellow Peas, Red Lentil, Urhat, Green Peas, Chickpeas, etc., from countries such as Russia, Ukraine, Lithuania, Argentina, Canada, Australia, Mozambique, Tanzania, Burma etc. Besides, imports, the company also trades domestically in these products. The company also exports various processed and value added pulses to different countries.

Foodstuff: The company is engaged in domestic trade and exports of different types of Rice from India to many countries in Africa like Benin, Mozambique, Tanzania and Middle east countries like UAE, Iran, Iraq, etc. The company exports Parboiled, Steamed and Raw Rice, of different grain sizes and long grain from various Rice growing regions of India, like Bengal, Chhattisgarh, Madhya Pradesh, Andhra Pradesh, Haryana, Punjab, etc. The company’s registered brand “Mom’s Delight” is popular in African countries. Before packaging, it ensures that every grain is fully grown and efficiently processed.

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