Price
Financials
Standalone, Rs crore| Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 8.57 | 13.19 | 7.85 | 12.84 | 8.48 | 14.40 | 15.93 | 14.73 | 8.27 |
| Expenses | 8.04 | 9.91 | 9.34 | 9.43 | 13.00 | 9.38 | 17.93 | 12.64 | 8.68 |
| Operating Profit | 0.53 | 3.28 | -1.49 | 3.41 | -4.52 | 5.02 | -2.00 | 2.09 | -0.41 |
| OPM % | 6.18% | 24.87% | -18.98% | 26.56% | -53.30% | 34.86% | -12.55% | 14.19% | -4.96% |
| Other Income | 0.33 | 0.05 | 3.02 | 0.49 | 1.75 | 0.03 | 0.10 | 0.06 | 0.28 |
| Interest | 1.34 | 0.55 | 0.46 | 0.38 | 0.42 | 0.51 | 0.41 | 0.38 | 0.30 |
| Depreciation | 1.98 | 0.56 | 2.00 | 0.86 | 0.66 | 0.89 | 0.98 | 1.10 | 1.14 |
| Profit before tax | -2.46 | 2.22 | -0.93 | 2.66 | -3.85 | 3.65 | -3.29 | 0.67 | -1.57 |
| Tax % | -4.07% | 7.66% | -1.08% | 24.06% | -12.21% | 13.70% | -13.68% | 5.97% | -7.64% |
| Net Profit | -2.36 | 2.05 | -0.92 | 2.02 | -3.38 | 3.15 | -2.83 | 0.62 | -1.45 |
| EPS in Rs | -2.36 | 2.05 | -0.61 | 1.35 | -2.25 | 2.10 | -1.46 | 0.32 | -0.75 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 15.49 | 23.07 | 19.49 | 21.04 | 21.32 | 30.33 | 23.00 |
| Expenses | 15.03 | 18.86 | 16.10 | 19.25 | 22.41 | 27.30 | 21.32 |
| Operating Profit | 0.46 | 4.21 | 3.39 | 1.79 | -1.09 | 3.03 | 1.68 |
| OPM % | 2.97% | 18.25% | 17.39% | 8.51% | -5.11% | 9.99% | 7.30% |
| Other Income | 1.23 | 0.06 | 0.44 | 3.07 | 2.24 | 0.13 | 0.35 |
| Interest | 1.99 | 2.12 | 1.61 | 1.01 | 0.81 | 0.93 | 0.69 |
| Depreciation | 0.91 | 0.90 | 2.52 | 2.56 | 1.52 | 1.87 | 2.24 |
| Profit before tax | -1.21 | 1.25 | -0.30 | 1.29 | -1.18 | 0.36 | -0.90 |
| Tax % | 0.00% | -2.40% | -33.33% | 13.18% | 14.41% | 8.33% | -8.89% |
| Net Profit | -1.21 | 1.28 | -0.20 | 1.13 | -1.36 | 0.32 | -0.83 |
| EPS in Rs | -2.37 | 2.51 | -0.20 | 0.75 | -0.91 | 0.16 | -0.43 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 0% | 3% | -24% | ||
| Compounded Profit Growth | % | % | % | -456% | ||
| Stock Price CAGR | % | % | -35% | -55% | ||
| Return on Equity | % | -1% | -1% | -1% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5.11 | 5.11 | 10.00 | 15.00 | 15.00 | 19.42 | 19.42 |
| Reserves | 11.75 | 24.23 | 28.10 | 36.77 | 33.86 | 41.73 | 41.02 |
| Borrowings | 20.97 | 18.42 | 9.60 | 8.59 | 10.35 | 9.97 | 10.26 |
| Other Liabilities | 3.53 | 3.57 | 4.67 | 4.43 | 6.76 | 7.19 | 7.33 |
| Total Liabilities | 41.36 | 51.33 | 52.37 | 64.79 | 65.97 | 78.31 | 78.03 |
| Fixed Assets | 36.77 | 48.03 | 48.40 | 50.19 | 57.08 | 57.13 | 60.44 |
| CWIP | 0.74 | 0.04 | 0.04 | 0.00 | 0.00 | 0.51 | 0.99 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 3.85 | 3.26 | 3.93 | 14.60 | 8.89 | 20.67 | 16.60 |
| Total Assets | 41.36 | 51.33 | 52.37 | 64.79 | 65.97 | 78.31 | 78.03 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.45 | 4.07 | 3.53 | -3.23 | 3.41 | -8.92 | 5.88 |
| Cash from Investing Activity | -3.65 | -0.68 | -2.78 | -7.96 | -5.15 | -2.80 | -7.32 |
| Cash from Financing Activity | 4.23 | -3.53 | -0.71 | 11.15 | 1.76 | 12.88 | 0.29 |
| Net Cash Flow | 0.13 | -0.14 | 0.03 | -0.04 | 0.02 | 1.16 | -1.15 |
| Free Cash Flow | -4.10 | 3.39 | 0.74 | -7.43 | -5.79 | -11.73 | -1.15 |
| CFO/OP | -98% | 97% | 105% | -180% | -313% | -294% | 350% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 0.71 | 2.06 | 10.67 | 10.06 | 1.88 | 95.31 | 1.75 |
| Inventory Days | 315.59 | 212.34 | 460.88 | ||||
| Days Payable | 165.76 | 44.37 | 297.72 | ||||
| Cash Conversion Cycle | 0.71 | 2.06 | 10.67 | 10.06 | 151.71 | 263.29 | 164.90 |
| Working Capital Days | -88.36 | -81.48 | -96.07 | 32.61 | -89.88 | 71.12 | -0.48 |
| ROCE % | 7.87% | 2.74% | 3.89% | -1.39% | 1.90% | -0.37% |
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 64.04% | 64.04% | 64.66% | 64.66% | 64.66% | 54.58% | 52.73% | 50.65% | 50.48% | 49.23% | 49.23% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.04% | 0.00% | 0.00% |
| Public | 35.97% | 35.97% | 35.34% | 35.33% | 35.34% | 45.42% | 47.26% | 49.35% | 49.48% | 50.77% | 50.77% |
| No. of Shareholders | 732 | 495 | 466 | 319 | 344 | 360 | 382 | 387 | 388 | 381 | 387 |
Fundamentals
Market Cap₹ 11.5 Cr.
Current Price₹ 5.90
Book Value₹ 31.1
ROCE-0.37 %
ROE-1.46 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-24%
Compounded Profit Growth (TTM)-456%
Standalone figures.
Valuation
Market capRs 9 Cr
Enterprise valueRs 13 Cr
P/E (TTM)7.87x
Price to book0.17x
Price to sales0.42x
EV / EBITDA2.76x
EV / EBIT5.83x
EV / sales0.64x
Earnings yield12.70%
P/E, 3-year average18.19x
P/B, 3-year average0.40x
Profitability
Operating margin (excl. other income)8.51%
Operating margin (incl. other income)23.10%
EBITDA margin23.10%
Pre-tax margin6.13%
Net profit margin5.37%
ROE2.51%
ROCE4.26%
ROA1.93%
ROE, 3-year average2.49%
ROCE, 3-year average4.96%
ROA, 3-year average1.44%
ROIC (approx.)3.55%
Tax rate13.18%
Other income / net worth5.93%
Growth
Sales growth (latest year)7.95%
Sales CAGR, 3 years10.75%
Per share
EPS (TTM)Rs 0.75
EPS (latest year)Rs 0.75
EPS, 3-year averageRs 1.02
Book value per shareRs 34.51
Sales per shareRs 14.03
Cash flow per shareRs -2.15
Free cash flow per shareRs -0.77
Efficiency
Asset turnover0.32x
Fixed asset turnover0.42x
Inventory turnover2.05x
Inventory days178 days
Debtor days10 days
Debtors turnover36.28x
Creditor days298 days
Cash conversion cycle165 days
Working capital days-0 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 4 Cr
Net debtRs 5 Cr
Debt to equity0.17x
Net debt / EBITDA0.93x
Interest coverage2.28x
Owners' fund to total sources79.90%
Debt to assets13.26%
Cash flow
Cash from Operating Activity (latest year)Rs -3 Cr
Cash from Investing Activity (latest year)Rs -8 Cr
Cash from Financing Activity (latest year)Rs 11 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Statement figures
Net sales (TTM)Rs 21 Cr
Net sales (latest year)Rs 21 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 3 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 5 Cr
Total expenditure (latest year)Rs 19 Cr
Total income (latest year)Rs 24 Cr
Share capitalRs 15 Cr
ReservesRs 37 Cr
Shareholders' fundsRs 52 Cr
Total assetsRs 65 Cr
Net blockRs 50 Cr
ReceivablesRs 1 Cr
InventoryRs 2 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)1.50
Ownership
Promoter holding49.23% (-3.50 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.17 is at the 2th percentile (median 1.11).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 543769 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -11.8% | -2.8% | -9.0 pts |
| 1 month | -26.8% | -6.8% | -20.0 pts |
| 3 years | -71.8% | +14.2% | -85.9 pts |
Red flags
F-score 3 of 7| look | Profit leans on other income Other income was 238% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹8 Cr -2.5% vs Mar 2024.
Net loss ₹1 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Tata Consumer Products Ltd | 95,773 | 58.1 | 9.24 % |
| CCL Products (India) Ltd | 13,436 | 31.1 | 15.8 % |
| Vintage Coffee & Beverages Ltd | 2,681 | 34.0 | 18.2 % |
| Andrew Yule & Company Ltd | 1,260 | -16.2 % | |
| Goodricke Group Ltd | 493 | 10.2 | 5.11 % |
| Mcleod Russel India Ltd | 455 | 8.54 | -4.56 % |
| The Peria Karamalai Tea & Produce Company Ltd | 308 | -0.26 % | |
| Jay Shree Tea & Industries Ltd | 248 | 0.51 % | |
| Gillanders Arbuthnot & Company Ltd | 235 | 13.5 | 5.65 % |
| Neelamalai Agro Industries Ltd | 217 | 5.90 | 9.68 % |
| United Nilgiri Tea Estates Company Ltd | 211 | 10.4 | 11.2 % |
| Rossell India Ltd | 192 | 16.2 | 9.37 % |
| Dhunseri Tea & Industries Ltd | 149 | 1.80 % | |
| Bengal Tea & Fabrics Ltd | 127 | 19.2 | 4.76 % |
| B & A Ltd | 119 | 161 | 3.75 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Indong Tea Company Ltd?
Indong Tea Company Ltd (543769) has a market capitalisation of Rs 11.5 Cr. at the 2026-10-01 close.
What were Indong Tea Company Ltd's latest quarterly results?
In the Mar 2026 quarter, Indong Tea Company Ltd sales was Rs 8 Cr (-2.5% vs Mar 2024) with a net loss of Rs 1 Cr.