MarketFriction

Norben Tea & Exports Ltd

NSE NORBTEAEXP · BSE 519528 · Tea & Coffee
₹69.04 +4.21%
NSE close2026-10-01
52 week range47.50 - 99.35
Market cap₹105 Cr.
Price band 5% Delivery 81.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2.241.401.181.293.272.021.081.232.393.021.431.29
Expenses1.162.371.790.841.901.781.610.571.882.541.750.63
Operating Profit1.08-0.97-0.610.451.370.24-0.530.660.510.48-0.320.66
OPM %48.21%-69.29%-51.69%34.88%41.90%11.88%-49.07%53.66%21.34%15.89%-22.38%51.16%
Other Income0.000.020.010.010.010.010.010.010.000.000.050.01
Interest0.250.370.270.280.270.250.340.230.250.240.230.20
Depreciation0.140.150.150.150.140.150.170.150.150.150.150.15
Profit before tax0.69-1.47-1.020.030.97-0.15-1.030.290.110.09-0.650.32
Tax %0.00%0.00%1.96%0.00%0.00%0.00%0.00%0.00%0.00%0.00%20.00%0.00%
Net Profit0.69-1.47-1.030.040.97-0.15-1.030.290.110.09-0.790.32
EPS in Rs0.59-1.25-0.880.030.83-0.13-0.790.220.070.06-0.510.21
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4.724.704.645.404.877.465.977.786.587.658.078.13
Expenses4.224.124.594.725.265.055.066.096.646.126.756.80
Operating Profit0.500.580.050.68-0.392.410.911.69-0.061.531.321.33
OPM %10.59%12.34%1.08%12.59%-8.01%32.31%15.24%21.72%-0.91%20.00%16.36%16.36%
Other Income0.170.410.76-0.050.070.060.070.030.030.030.070.06
Interest0.360.470.510.580.720.680.660.831.071.130.950.92
Depreciation0.250.360.380.430.470.500.520.550.580.600.600.60
Profit before tax0.060.16-0.08-0.38-1.511.29-0.200.34-1.68-0.17-0.16-0.13
Tax %33.33%100.00%-25.00%18.42%6.62%9.30%30.00%35.29%1.19%0.00%81.25%
Net Profit0.030.01-0.05-0.45-1.611.18-0.270.21-1.70-0.18-0.29-0.27
EPS in Rs0.030.01-0.04-0.38-1.371.00-0.230.18-1.45-0.14-0.19-0.17
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%2%1%7%
Compounded Profit Growth%%%-438%
Stock Price CAGR%58%79%23%
Return on Equity-2%-3%-5%-2%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital11.7511.7511.7511.7511.7511.7511.7511.7511.7511.7512.9715.54
Reserves3.883.914.084.013.551.933.102.863.101.353.353.28
Borrowings2.743.344.545.496.437.586.587.709.0510.439.348.83
Other Liabilities0.640.820.730.830.911.401.531.791.822.292.412.82
Total Liabilities19.0119.8221.1022.0822.6422.6622.9624.1025.7225.8228.0730.47
Fixed Assets15.6216.1716.7018.4319.1319.4720.1920.7321.8622.4923.6324.64
CWIP0.000.170.620.000.000.000.000.190.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.010.000.000.00
Other Assets3.393.483.783.653.513.192.773.183.853.334.445.83
Total Assets19.0119.8221.1022.0822.6422.6622.9624.1025.7225.8228.0730.47
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.660.570.371.030.550.192.350.591.010.940.960.08
Cash from Investing Activity-0.70-0.85-1.23-1.33-1.02-0.67-1.19-1.24-1.46-1.18-1.72-1.58
Cash from Financing Activity0.200.240.760.400.400.56-1.210.470.530.310.941.26
Net Cash Flow0.16-0.04-0.100.10-0.070.09-0.05-0.180.080.060.17-0.23
Free Cash Flow-0.21-0.40-0.97-0.49-0.62-0.611.12-0.67-0.52-0.30-0.78-1.54
CFO/OP264%114%91%2,140%90%-64%101%80%64%-1,650%66%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days19.5717.0117.8612.5924.3317.2413.7017.1212.676.666.6810.86
Inventory Days808.92
Days Payable394.59
Cash Conversion Cycle19.5717.0117.8612.5924.3317.2413.7017.1212.67420.986.6810.86
Working Capital Days-23.49-34.03-49.70-308.36-347.43-155.89-109.11-146.73-118.70-221.88-155.07-92.72
ROCE %3.50%2.25%3.20%2.07%1.58%-3.68%9.23%2.10%5.02%-2.57%3.90%2.96%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters51.45%51.45%51.45%51.45%51.45%51.45%46.61%45.33%38.89%38.89%38.89%38.89%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.09%
DIIs0.12%0.12%0.12%0.12%0.12%0.12%0.11%0.11%0.09%0.09%0.09%0.09%
Public48.43%48.43%48.44%48.44%48.43%48.43%53.28%54.57%61.01%61.02%61.02%60.94%
No. of Shareholders24,98424,95824,98825,19325,95825,84725,74525,33625,04024,90024,63824,455

Fundamentals

Market Cap₹ 105 Cr.
Current Price₹ 67.8
Book Value₹ 12.1
ROCE2.96 %
ROE-1.65 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)-438%
Standalone figures.
Valuation
Market capRs 107 Cr
Enterprise valueRs 116 Cr
Price to book5.70x
Price to sales13.20x
EV / EBITDA83.37x
EV / EBIT146.69x
EV / sales14.25x
Price to cash flow1341.46x
Earnings yield-0.25%
P/B, 3-year average3.84x
P/E, 5-year average44.76x
P/B, 5-year average2.54x
Profitability
Operating margin (excl. other income)16.36%
Operating margin (incl. other income)17.22%
EBITDA margin17.10%
Pre-tax margin-1.60%
Net profit margin-3.32%
Net margin, latest quarter24.81%
ROE-1.65%
ROCE2.96%
ROA-0.99%
ROE, 3-year average-5.01%
ROCE, 3-year average1.43%
ROA, 3-year average-2.75%
ROE, 5-year average-3.09%
ROCE, 5-year average2.29%
ROA, 5-year average-1.71%
ROIC (approx.)5.23%
Tax rate-81.25%
Other income / net worth0.37%
Growth
Sales growth (latest year)5.49%
Sales CAGR, 3 years1.23%
Sales CAGR, 5 years1.58%
Sales growth QoQ-9.79%
Sales growth YoY (latest quarter)4.88%
Profit growth YoY (latest quarter)10.34%
Per share
EPS (TTM)Rs -0.17
EPS (latest year)Rs -0.19
EPS (latest quarter)Rs 0.21
EPS, 3-year averageRs -0.59
EPS, 5-year averageRs -0.36
Book value per shareRs 12.11
Sales per shareRs 5.23
Cash flow per shareRs 0.05
Free cash flow per shareRs -0.99
Efficiency
Asset turnover0.26x
Fixed asset turnover0.33x
Inventory turnover1.23x
Inventory days296 days
Debtor days11 days
Debtors turnover33.62x
Creditor days395 days
Cash conversion cycle11 days
Working capital days-93 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 0 Cr
Net debtRs 9 Cr
Debt to equity0.47x
Net debt / EBITDA6.17x
Interest coverage0.86x
Owners' fund to total sources61.77%
Debt to assets28.98%
Cash flow
Cash from Operating Activity (latest year)Rs 0 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Sales to cash flow100.88x
Statement figures
Net sales (TTM)Rs 8 Cr
Net sales (latest year)Rs 8 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs -0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 7 Cr
Total income (latest year)Rs 8 Cr
Share capitalRs 16 Cr
ReservesRs 3 Cr
Shareholders' fundsRs 19 Cr
Total assetsRs 30 Cr
Net blockRs 25 Cr
ReceivablesRs 0 Cr
InventoryRs 1 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)1.55
Ownership
Promoter holding38.89% (-6.44 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 5.70 is at the 92th percentile (median 0.85).
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.
PeriodNORBTEAEXPNifty 50Difference
1 week+1.7%-2.8% +4.5 pts
1 month+5.5%-6.8% +12.3 pts
3 months-3.2%-7.6% +4.4 pts
6 months-23.3%+0.4% -23.7 pts
1 year+35.4%-9.9% +45.3 pts
2 years+161.9%-13.6% +175.5 pts
3 years+495.2%+14.2% +481.0 pts
5 years+915.3%+27.9% +887.4 pts

Red flags

F-score 3 of 8
explainShare dilution Share count up 19% in a year, 31% in three
lookRepeated losses Net loss in each of the last two years
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

Jun 2026
Sales ₹1 Cr +4.9% vs Jun 2025. Net profit ₹0 Cr +10.3%.
Against our estimate for Jun 2026: sales -25.6%, profit +386.8% in line. Our estimate for Sep 2026: sales Rs 3 Cr, profit Rs 0 Cr (how).

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2024-12-23Extra Ordinary General Meeting
2024-08-02Annual General Meeting
2023-07-21Annual General Meeting
2022-07-22Annual General Meeting
2021-10-14 Extra Ordinary General Meeting
2021-08-03 Annual General Meeting
2020-09-21 Annual General Meeting
2019-07-18 Annual General Meeting
2018-07-19 Annual General Meeting
2017-07-20 Annual General Meeting
2016-08-25 Annual General Meeting
2015-07-23Annual General Meeting
2014-07-21Annual General Meeting
2013-07-17Annual General Meeting
2012-07-17Annual General Meeting
2011-08-29Annual General Meeting
2010-09-06Annual General Meeting
2009-08-17Annual General Meeting
2008-08-28Annual General Meeting
2007-08-02Agm
2006-08-03Agm
DateTypeWhat it says
2026-08-12Board meeting outcomeNorben Tea & Exports Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-03Shareholder meetingProceedings of 36th Annual General Meeting held on Friday July 03, 2026
2026-06-23Disclosure under SEBI TakeovManoj Kumar Daga has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial ...
2026-06-16Disclosure under SEBI TakeovManoj Kumar Daga has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial ...
2026-06-11Record DateRecord date for the purpose of Meeting is 26-Jun-2026.
2026-06-10General UpdatesLetter to Members_Annual Report For The Financial Year 2025-26 And Notice Of 36th Annual General Meeting Of The Company- Please find the enclosed lett...
2026-06-10General UpdatesIntimation for Book Closure for the Purpose of Annual General Meeting of the Company for the year 2025-26
2026-06-10Shareholder meetingNotice of Annual General Meeting to be held on July 03, 2026 at 11:30 A.M (IST)
2026-06-10CorrigendumCorrigendum dated 10.06.2026 in relation to the Advertisements Published in the English Newspaper "Financial Express" and Bengali Newspaper "Duranta ...
2026-05-26Change in ManagementAppointment of Internal Auditor M/s L.K. Bohania & Co. For the Financial Year 2026-27
2026-05-26Board meeting outcomeNorben Tea & Exports Limited has submitted to the Exchange, the financial results for the quarter and financial year ended March 31, 2026.
2026-02-20UpdatesThe update .
2026-02-13Board meeting outcomeNorben Tea & Exports Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2025-12-23CessationCessation of Mr. Niraj Tiwari as Company Secretary & Compliance Officer of the company w.e.f. December 23, 2025.
2025-12-18AppointmentAppointment of Ms NAMRATA DAS as Company Secretary & Compliance Officer of the company w.e.f. December 24, 2025.
2025-12-11ResignationResignation of Niraj Tiwari as Company Secretary & Compliance Officer of the company w.e.f. December 23, 2025.
2025-11-20General UpdatesGeneral Updates regarding trading approval of 1550000 equity shares allotted pursuant to conversion of warrants issued on preferential basis.
2025-11-08General UpdatesUpdates on Trading Approval of 658000 equity shares issued on preferential basis.
2025-11-06Board meeting outcomeNorben Tea & Exports Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
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.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Norben Tea & Exports Ltd?

Norben Tea & Exports Ltd (NORBTEAEXP) has a market capitalisation of Rs 105 Cr. at the 2026-10-01 close.

What were Norben Tea & Exports Ltd's latest quarterly results?

In the Jun 2026 quarter, Norben Tea & Exports Ltd sales was Rs 1 Cr (+4.9% vs Jun 2025) and net profit was Rs 0 Cr.

What is the 52-week high and low of Norben Tea & Exports Ltd?

The 52-week high is Rs 99.35 and the 52-week low is Rs 47.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03