Bengal Tea & Fabrics Ltd.
Snapshot View

68.35 +4.25 ▲6.6%

26 July 2021, 04:00:00 P.M.
Volume: 18,842

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.bengaltea.com
Financial Indicators
Market Cap 61.56 Cr.
Earnings per share (EPS) 3.74 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 18.27 Trailing Twelve Months Ending 2021-03
Industry PE 27.91 Trailing Twelve Months Ending 2021-03
Book Value / Share 107.68 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.63 Calculated using Price: 68.35
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.90 Cr. 9,005,985 Shares
FaceValue 10
Company Profile

Bengal Tea & Fabrics, belonging to the B D Kanoria Group was incorporated in the year 1983. The company took over the Bengal Tea & Industries, earlier known as Bengal Tea Company, in the year 1985.

Bengal Tea Company was incorporated in the year 1950 by the Kanorias and took over the undertakings of The Ananda Assam Tea Company and Asarwa Mills in the year 1970 and 1976, respectively.

Currently the company has interest in the business of Tea and Textiles, with a turnover of about Rs 126.8 crore.

The tea estates of the company are situated in Upper Assam and produces about1.7 million kilograms of quality black tea.

Asarwa Mills, a composite textile mill, is situated in the heart of Ahmedabad in the state of Gujarat and has an installed capacity of 47,616 spindles and 72 looms. It was set-up in the year 1900 and is one of the oldest mills in India. The present management has modernized the mill in a phased manner to transform the same in a state-of-art, tech-savvy mill. The revenue from export of yarn is about Rs 0.372 crore.

Product Variety:

The Company has interest in the business of tea and textiles.

Tea -

Bengal Tea owns following three tea estates with an annual production of about 1.7 million kilo grams of tea, having a planted area of 623 hectares, situated in North Lakhimpur in Upper Assam.

  • Ananda Tea Estate
  • Pathalipam Tea Estate
  • Bordeobam Tea Estate

The Company processes the green tea leaves at its own factory situated at Ananda Tea Estate. It also processes green tea leaves purchased from small growers.

Products:

Black Tea - CTC - Leaf and Dust and tea seed.

Textile -

The company owns a composite textile mill, namely Asarwa Mills, with an installed capacity of 47,616 spindles and 94 looms, situated in Ahmedabad in the state of Gujarat.

Products:

  • Cotton Yarn
  • Manmade Fiber Yarn
  • Blended Yarn
  • Fabrics - Cloth

Latest Development:

The board of directors of Bengal Tea & Fabrics has recommended a dividend of 5%, at Re 0.50 per equity share of Rs 10 each, subject to shareholders approval.

Outlook:

Due to improvement of demand of quality and the company’s thrust on producing the same, the tea division is expected to maintain profitability.

The outlook of the textile industry appears to be brighter as the farmers continue to cover more area for sowing of BT cottonseeds resulting in higher yields. The company has undertaken the second phase of modernization cum expansion plan and is visualizing a big opportunity in the country having a population of over 1.1 billion with the improving standard of living and changing lifestyle.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+6.63%
1 Week
+17.95%
1 Month
+39.21%
3 Month
+76.61%
6 Month
+80.82%
1 Year
+157.92%
2 Year
+127.45%
5 Year
+27.28%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -25.57 24.49 21.90 3.08 2.92 -6.99 -5.06 -0.34 -1.41
Return on Capital Employed (%) -4.66 16.20 18.02 7.12 6.82 -0.88 -2.44 1.08 0.38
Return on Assets (%) -7.52 7.50 7.38 0.94 0.87 -3.15 -3.27 -0.25 -1.04

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 46 56 67 142 108 101 97 96 94
Non Curr. Liab. 48 54 44 42 33 17 4 -4 -6
Curr. Liab. 48 53 66 52 53 57 31 37 40
Minority Int.
Equity & Liab. 143 163 176 236 194 175 132 129 128
Non Curr. Assets 91 103 104 163 118 99 72 69 70
Curr. Assets 51 60 72 73 76 76 60 60 58
Misc. Exp. not W/O
Total Assets 143 163 176 236 194 175 132 129 128

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 182 220 253 223 223 214 145 111 110
Other Income 4 5 4 4 2 2 3 2 1
Total Income 186 225 256 227 225 216 149 113 112
Total Expenditure -183 -193 -218 -207 -204 -205 -144 -107 -107
PBIDT 3 32 38 20 21 11 4 6 5
Interest -9 -9 -8 -8 -6 -6 -4 -3 -2
Depreciation -9 -10 -12 -10 -12 -12 -8 -5 -5
Taxation 3 -1 -6 0 -1 1 2 1 1
Exceptional Items 0
PAT -12 11 13 2 2 -6 -5 0 -1

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 30 11 28 35 19 19 9 3 5
Cash Fr. Inv. 1 -13 -14 -10 -3 -3 20 1 1
Cash Fr. Finan. -27 3 -19 -25 -16 -14 -30 -5 -5
Net Change 4 1 -5 1 -1 2 -1 0 1
Cash & Cash Eqvt 5 5 0 1 0 2 1 0 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 73.38 73.38 73.38 73.38 73.38 73.38 73.38 73.38 73.38
Public 26.62 26.62 26.62 26.62 26.62 26.62 26.62 26.62 26.62
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 enclosed herewith please find the copies of notice published by the Company in the newspapers viz. "Financial Express" (English) and "Arthik Lipi" (Bengali) dated 21st July 2021 regarding the 38th Annual General Meeting of the Company scheduled to be held on Tuesday 31st August 2021 through Video Conferencing / Other Audio Visual Means (VC / OAVM).
Thu, 22 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
We enclose herewith a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2021 as received from our Registrars M/s C B Management Services (P) Limited .
Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Bengal Tea & Fabrics Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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