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PKTE

Peria Karamalai Tea and Produce NSEI:PKTEA Stock Report

Last Price

₹295.00

Market Cap

₹913.3m

7D

-6.5%

1Y

-14.8%

Updated

27 Sep, 2022

Data

Company Financials
PKTEA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends1/6

PKTEA Stock Overview

The Peria Karamalai Tea and Produce Company Limited produces and distributes tea in India.

Peria Karamalai Tea and Produce Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Peria Karamalai Tea and Produce
Historical stock prices
Current Share Price₹295.00
52 Week High₹364.00
52 Week Low₹205.15
Beta1.83
1 Month Change-3.63%
3 Month Change-4.06%
1 Year Change-14.75%
3 Year Change137.90%
5 Year Change96.34%
Change since IPO300.00%

Recent News & Updates

Aug 20
Here's Why Peria Karamalai Tea and Produce (NSE:PKTEA) Can Afford Some Debt

Here's Why Peria Karamalai Tea and Produce (NSE:PKTEA) Can Afford Some Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

PKTEAIN FoodIN Market
7D-6.5%-0.8%-4.6%
1Y-14.8%-2.4%-1.2%

Return vs Industry: PKTEA underperformed the Indian Food industry which returned -3.3% over the past year.

Return vs Market: PKTEA underperformed the Indian Market which returned -1.9% over the past year.

Price Volatility

Is PKTEA's price volatile compared to industry and market?
PKTEA volatility
PKTEA Average Weekly Movement5.5%
Food Industry Average Movement6.0%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: PKTEA is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PKTEA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19131,348Sanjeev Singhhttps://www.periatea.com

The Peria Karamalai Tea and Produce Company Limited produces and distributes tea in India. It operates through Tea, Investment, and Power segments. The company’s plantations cover approximately 6,000 acres of land located at Valparai in Coimbatore district, Tamilnadu.

Peria Karamalai Tea and Produce Fundamentals Summary

How do Peria Karamalai Tea and Produce's earnings and revenue compare to its market cap?
PKTEA fundamental statistics
Market Cap₹913.28m
Earnings (TTM)-₹62.91m
Revenue (TTM)₹420.32m

2.2x

P/S Ratio

-14.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PKTEA income statement (TTM)
Revenue₹420.32m
Cost of Revenue₹66.36m
Gross Profit₹353.96m
Other Expenses₹416.87m
Earnings-₹62.91m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-20.32
Gross Margin84.21%
Net Profit Margin-14.97%
Debt/Equity Ratio27.5%

How did PKTEA perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

-5%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is PKTEA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PKTEA?

Other financial metrics that can be useful for relative valuation.

PKTEA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.3x
Enterprise Value/EBITDA-296.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PKTEA's PS Ratio compare to its peers?

PKTEA PS Ratio vs Peers
The above table shows the PS ratio for PKTEA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.4x
541347 Parvati Sweetners and Power
1xn/a₹886.5m
539742 Simbhaoli Sugars
0.07xn/a₹831.8m
540647 Ganges Securities
2.8xn/a₹1.1b
526899 Himalaya Food International
1.6xn/a₹1.1b
PKTEA Peria Karamalai Tea and Produce
2.2xn/a₹913.3m

Price-To-Sales vs Peers: PKTEA is expensive based on its Price-To-Sales Ratio (2.2x) compared to the peer average (1.4x).


Price to Earnings Ratio vs Industry

How does PKTEA's PE Ratio compare vs other companies in the IN Food Industry?

Price-To-Sales vs Industry: PKTEA is expensive based on its Price-To-Sales Ratio (2.2x) compared to the Indian Food industry average (0.8x)


Price to Sales Ratio vs Fair Ratio

What is PKTEA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PKTEA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate PKTEA's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PKTEA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PKTEA (₹295) is trading below our estimate of fair value (₹2334.98)

Significantly Below Fair Value: PKTEA is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Peria Karamalai Tea and Produce forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.5%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Peria Karamalai Tea and Produce has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine Peria Karamalai Tea and Produce's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Peria Karamalai Tea and Produce competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Peria Karamalai Tea and Produce performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-6.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PKTEA is currently unprofitable.

Growing Profit Margin: PKTEA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PKTEA is unprofitable, and losses have increased over the past 5 years at a rate of 6.2% per year.

Accelerating Growth: Unable to compare PKTEA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PKTEA is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (15%).


Return on Equity

High ROE: PKTEA has a negative Return on Equity (-3.39%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Peria Karamalai Tea and Produce's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PKTEA's short term assets (₹964.5M) exceed its short term liabilities (₹486.3M).

Long Term Liabilities: PKTEA's short term assets (₹964.5M) exceed its long term liabilities (₹133.9M).


Debt to Equity History and Analysis

Debt Level: PKTEA's net debt to equity ratio (25.9%) is considered satisfactory.

Reducing Debt: PKTEA's debt to equity ratio has increased from 7.6% to 27.5% over the past 5 years.

Debt Coverage: PKTEA's debt is well covered by operating cash flow (67.1%).

Interest Coverage: Insufficient data to determine if PKTEA's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Peria Karamalai Tea and Produce current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.34%

Current Dividend Yield

Dividend Yield vs Market

Peria Karamalai Tea and Produce Dividend Yield vs Market
How does Peria Karamalai Tea and Produce dividend yield compare to the market?
SegmentDividend Yield
Company (Peria Karamalai Tea and Produce)0.3%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Food)1.1%
Analyst forecast in 3 Years (Peria Karamalai Tea and Produce)n/a

Notable Dividend: PKTEA's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: PKTEA's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (1.64%).


Stability and Growth of Payments

Stable Dividend: PKTEA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PKTEA has only been paying a dividend for 9 years, and since then payments have not increased.


Earnings Payout to Shareholders

Earnings Coverage: PKTEA is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (0.9%), PKTEA's dividend payments are thoroughly covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Sanjeev Singh (50 yo)

no data

Tenure

₹9,857,304

Compensation

Mr. Sanjeev Kumar Singh serves as the Chief Executive Officer of The Peria Karamalai Tea and Produce Company Limited.


CEO Compensation Analysis

Sanjeev Singh's Compensation vs Peria Karamalai Tea and Produce Earnings
How has Sanjeev Singh's remuneration changed compared to Peria Karamalai Tea and Produce's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-₹63m

Mar 31 2022₹10mn/a

₹5m

Dec 31 2021n/an/a

₹53m

Sep 30 2021n/an/a

₹95m

Jun 30 2021n/an/a

₹108m

Mar 31 2021₹10mn/a

₹114m

Dec 31 2020n/an/a

₹46m

Sep 30 2020n/an/a

₹33m

Jun 30 2020n/an/a

-₹13m

Mar 31 2020₹8m₹7m

-₹36m

Dec 31 2019n/an/a

₹21m

Sep 30 2019n/an/a

₹47m

Jun 30 2019n/an/a

₹48m

Mar 31 2019₹8m₹7m

₹29m

Mar 31 2018₹7m₹5m

₹63m

Mar 31 2017₹5m₹3m

₹10m

Mar 31 2016₹4m₹2m

-₹21m

Compensation vs Market: Sanjeev's total compensation ($USD120.84K) is above average for companies of similar size in the Indian market ($USD40.68K).

Compensation vs Earnings: Sanjeev's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PKTEA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: PKTEA's board of directors are seasoned and experienced ( 13.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

NSEI:PKTEA Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
12 Sep 22Buy₹4,020,278Placid LimitedCompany12,576₹319.68
06 Sep 22Buy₹1,917,029Placid LimitedCompany6,151₹311.66
05 Sep 22Buy₹1,952,774Placid LimitedCompany6,389₹305.65
19 Aug 22Buy₹9,927,356Placid LimitedCompany32,549₹305.00
22 Jun 22Buy₹3,003,574Placid LimitedCompany9,787₹306.89
16 Jun 22Buy₹1,111,223Placid LimitedCompany3,656₹303.95
08 Jun 22Buy₹1,059,935Placid LimitedCompany3,602₹294.26
28 Mar 22Buy₹3,509,839Placid LimitedCompany10,346₹339.25
22 Mar 22Buy₹1,070,064Placid LimitedCompany4,240₹252.37
08 Mar 22Buy₹1,469,578Placid LimitedCompany6,886₹213.42

Ownership Breakdown

What is the ownership structure of PKTEA?
Owner TypeNumber of SharesOwnership Percentage
State or Government18,4770.6%
Individual Insiders126,0294.1%
Institutions189,1236.1%
Public Companies523,67016.9%
General Public1,112,68235.9%
Private Companies1,125,89836.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 12 shareholders own 64.06% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
31.55%
Placid Limited
976,711₹288.1m6.58%no data
16.92%
Kiran Vyapar Limited
523,670₹154.5m0%no data
4.99%
Life Insurance Corporation of India, Asset Management Arm
154,623₹45.6m-18.09%no data
3.92%
M B Commercial Company Ltd
121,275₹35.8m0%no data
2.8%
Lakshmi Bangur
86,681₹25.6m0%no data
1.26%
Alka Bangur
38,898₹11.5m0%no data
1.11%
Mugneeram Ramcoowar Bangur Charitable & Religious Company., Endowment Arm
34,500₹10.2m0%100%
0.68%
General Investment Company Limited
21,000₹6.2m0%no data
0.6%
India
18,477₹5.5m0%no data
0.22%
Navjyoti Commodity Management Services
6,912₹2.0m0%no data
0.0097%
Pudugramam Ramakrishnan
300₹88.5k0%no data
0.0049%
Narasimhan Swaminathan
150₹44.3k0%no data

Company Information

The Peria Karamalai Tea and Produce Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: The Peria Karamalai Tea and Produce Company Limited
  • Ticker: PKTEA
  • Exchange: NSEI
  • Founded: 1913
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₹913.284m
  • Shares outstanding: 3.10m
  • Website: https://www.periatea.com

Number of Employees


Location

  • The Peria Karamalai Tea and Produce Company Limited
  • PANCHRATN
  • 286, Race Course Road
  • Coimbatore
  • Tamil Nadu
  • 641018
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PKTEANSEI (National Stock Exchange of India)YesEquity SharesININRJun 2010

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.