Kanco Tea

Who are the top shareholders of the Kanco Tea?

The top shareholders of Kanco Tea include E T Resources Pvt Ltd with 17.13%, individual investors with 24.07%, and public shareholder Sangeetha S with 3.53%. There are also mutual funds holding 0.31%, but no foreign institutional investors are currently involved.

The top shareholders of Kanco Tea include the promoters, who hold the majority of the shares. The promoter with the highest holding is E T Resources Pvt Ltd, which owns 17.13% of the company. Additionally, individual investors collectively hold 24.07% of the shares, while the highest public shareholder is Sangeetha S, with a stake of 3.53%. There are also mutual funds involved, with four schemes holding a total of 0.31%, but there are no foreign institutional investors (FIIs) currently holding shares in the company.

how big is Kanco Tea?

As of Jun 06, Kanco Tea & Industries Ltd has a market capitalization of 36.00 Cr, classifying it as a Micro Cap company, with recent net sales of 63.60 Cr and a net profit of -8.34 Cr. Shareholder's funds are valued at 67.25 Cr, and total assets amount to 114.28 Cr.

Market Cap: As of Jun 06, Kanco Tea & Industries Ltd has a market capitalization of 36.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Kanco Tea reported a sum of Net Sales of 63.60 Cr and a sum of Net Profit of -8.34 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: This is consolidated data for the latest annual period ending in Mar 24. The Shareholder's Funds are valued at 67.25 Cr, and the Total Assets amount to 114.28 Cr.

When is the next results date for Kanco Tea?

No Upcoming Board Meetings

Who are in the management team of Kanco Tea?

As of March 2023, the management team of Kanco Tea includes Umang Kanoria (Chairman & Managing Director), A Kanoria (Whole-time Director), Charulata Kabra (Company Secretary), and several independent directors: N Nayar, Shruti Swaika, and Ravindra Suchanti, along with Dipankar Samanta (Director). This team is responsible for the company's operations and governance.

As of March 2023, the management team of Kanco Tea includes:<BR><BR>1. A Kanoria - Whole-time Director<BR>2. N Nayar - Independent Director<BR>3. Umang Kanoria - Chairman & Managing Director<BR>4. Charulata Kabra - Company Secretary & Compliance Officer<BR>5. Shruti Swaika - Independent Director<BR>6. Ravindra Suchanti - Independent Director<BR>7. Dipankar Samanta - Director<BR><BR>This team oversees the operations and governance of Kanco Tea.

What does Kanco Tea do?

Kanco Tea & Industries Ltd is a micro-cap company focused on the plantation, manufacturing, and sale of black tea in the domestic market. As of March 2025, it reported net sales of 4 Cr and a net loss of 10 Cr, with a market cap of Rs 36 Cr.

Overview:<BR>Kanco Tea & Industries Ltd is engaged in the plantation, manufacturing, and sale of black tea, operating within the FMCG industry and classified as a micro-cap company.<BR><BR>History:<BR>Incorporated in February 1983, Kanco Tea & Industries Ltd has maintained its focus on the domestic market for black tea. The latest financial results reported are for the quarter ending March 2025, showing net sales and net profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 4 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -10 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 36 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 69 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.59 <BR>Return on Equity: -13.60% <BR>Price to Book: 0.56<BR><BR>Contact Details:<BR>Address: Jasmine Tower 3rd Floor, 31 Shakespeare Sarani Kolkata West Bengal : 700017 <BR>Tel: 91-33-22815217 <BR>Email: contact@kancotea.in <BR>Website: http://www.kancotea.in

What is the bonus history of the Kanco Tea?

Kanco Tea has a bonus history that includes a 2:1 share issue announced on August 22, 2017, with a record date of August 23, 2017, meaning shareholders received two additional shares for each share held.

Kanco Tea has a bonus history that includes a notable issue of 2:1 shares. This bonus was announced with an ex-date of August 22, 2017, and the record date was August 23, 2017. This means that for every share held, shareholders received an additional two shares. If you have any more questions about Kanco Tea or its financial activities, feel free to ask!

Has Kanco Tea declared dividend?

Kanco Tea & Industries Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of July 20, 2023. However, the dividend yield is currently 0%, and total returns have varied, showing significant gains over the 5-year period but declines in more recent periods.

Kanco Tea & Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 20 Jul 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -20.59%, the dividend return was 0%, resulting in a total return of -20.59%.<BR><BR>For the 1-year period, the price return was 8.58%, the dividend return was 0%, leading to a total return of 8.58%.<BR><BR>Over the 2-year period, the price return was 4.17%, the dividend return was 1.38%, culminating in a total return of 5.55%.<BR><BR>In the 3-year period, the price return was 1.25%, the dividend return was 3.01%, resulting in a total return of 4.26%.<BR><BR>During the 4-year period, the price return was 1.39%, the dividend return was 4.15%, leading to a total return of 5.54%.<BR><BR>For the 5-year period, the price return was 160.36%, the dividend return was 9.76%, resulting in a total return of 170.12%.<BR><BR>Overall, Kanco Tea has declared a dividend, but the dividend yield is currently 0%. The total returns show a mixed performance, with significant gains over the 5-year period, while more recent periods have experienced declines in price returns.

Who are the peers of the Kanco Tea?

Kanco Tea's peers include Hind. Unilever, ITC, Nestle India, and Britannia Inds., among others. Kanco Tea has below average management risk and capital structure, with a 1-year return of 1.88%, higher than Nakoda Group's -36.06% but lower than Jay Kailash's 26.54%.

Peers: The peers of Kanco Tea are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Nakoda Group, Jay Kailash, Sanwaria Consum., Tyroon Tea Co., and Tapi Fruit.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, and Britannia Inds., while Good management risk is found at Hind. Unilever, Godrej Consumer, and Jay Kailash. Average management risk is present at Tyroon Tea Co., while Below Average management risk is noted for Nakoda Group, Sanwaria Consum., and Kanco Tea. In terms of Growth, Excellent growth is seen at Jay Kailash, while Average growth is noted for Nestle India, and Below Average growth is observed at Hind. Unilever, ITC, Britannia Inds., Godrej Consumer, Nakoda Group, Sanwaria Consum., Kanco Tea, and Tyroon Tea Co. Lastly, Excellent capital structure is found at Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, and Tyroon Tea Co., while Below Average capital structure is noted for Nakoda Group, Jay Kailash, Sanwaria Consum., and Kanco Tea.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jay Kailash at 26.54%, while Nakoda Group has the lowest at -36.06%. Kanco Tea's 1-year return of 1.88% is higher than Nakoda Group's but lower than Jay Kailash's. Additionally, the six-month return is negative for Nakoda Group, Godrej Consumer, and Kanco Tea.

Is Kanco Tea overvalued or undervalued?

As of December 15, 2023, Kanco Tea is considered a risky investment due to its overvaluation and poor financial ratios, including a PE ratio of -4.48, which contrasts sharply with its peers, and despite a positive return of 11.78% over the past year, it has underperformed compared to the Sensex's 7.58% return.

As of 15 December 2023, Kanco Tea's valuation grade has moved from very attractive to risky, indicating a significant deterioration in its investment appeal. The company is currently assessed as overvalued, primarily due to its troubling financial ratios, including a PE ratio of -4.48, an EV to EBITDA of -11.55, and a ROE of -13.60%. These figures suggest that the company is struggling to generate profits and returns for its shareholders.<BR><BR>In comparison with its peers, Kanco Tea's valuation stands out negatively against Tata Consumer, which has a PE ratio of 85.98, and CCL Products, with a PE ratio of 37.63. This stark contrast highlights Kanco Tea's challenges in the market. Additionally, while the stock has shown a positive return of 11.78% over the past year, it has underperformed compared to the Sensex's return of 7.58%, reinforcing the notion that Kanco Tea may not be a sound investment at its current valuation.

What is the technical trend for Kanco Tea?

As of May 23, 2025, Kanco Tea's trend is mildly bearish, influenced by daily moving averages and monthly Bollinger Bands, despite mixed signals from the weekly MACD and KST.

As of 23 May 2025, the technical trend for Kanco Tea has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. The weekly MACD shows a mildly bullish signal, but the monthly MACD is bearish, suggesting mixed signals across different time frames. The Bollinger Bands on a monthly basis are also bearish, reinforcing the overall bearish sentiment. The KST indicates a mildly bullish trend on the weekly chart, but the lack of strong signals from the RSI and Dow Theory further supports a cautious outlook.

Are Kanco Tea latest results good or bad?

Kanco Tea's latest results are concerning, with a Profit Before Tax of Rs -13.21 crore, marking a 21.08% decline year-on-year and the lowest in five quarters. The company faces significant financial challenges, including rising interest expenses and negative operating profit, indicating a negative overall performance.

Kanco Tea's latest results indicate a challenging financial situation. For the quarter ending March 2025, the company reported a Profit Before Tax (PBT) of Rs -13.21 crore, which is a significant decline of 21.08% year-on-year and the lowest PBT in the last five quarters. This decline in profitability is concerning, especially given the sharp increase in interest expenses, which rose by 75.51% to Rs 2.58 crore, suggesting higher borrowings and financial strain.<BR><BR>Additionally, the Operating Profit (PBDIT) was reported at Rs -12.32 crore, with an Operating Profit Margin of 0.00%, indicating a lack of operational efficiency. The Profit After Tax (PAT) also fell to Rs -9.78 crore, down 5.3% from the previous year, and the Earnings per Share (EPS) decreased to Rs -19.10, reflecting reduced earnings for shareholders.<BR><BR>While there was a slight improvement in net sales growth and a notable increase in consolidated net profit for the quarter ended June 2025, these results are overshadowed by the significant losses reported earlier. Overall, the financial results suggest that Kanco Tea is currently facing serious challenges, making the latest performance more negative than positive.

How has been the historical performance of Kanco Tea?

Kanco Tea has experienced a significant decline in financial performance, with net sales dropping from 105.84 Cr in Mar'23 to 63.60 Cr in Mar'25, resulting in operating losses and negative earnings per share of -16.29 in Mar'25. The company's total liabilities increased slightly, while cash flow from operations has remained negative for the past two years.

Answer:<BR>The historical performance of Kanco Tea shows a significant decline in net sales and profitability over the past few years, culminating in losses in the most recent fiscal year.<BR><BR>Breakdown:<BR>Kanco Tea's net sales have decreased from 105.84 Cr in Mar'23 to 63.60 Cr in Mar'25, reflecting a downward trend in revenue. The total operating income followed a similar pattern, dropping from 105.84 Cr in Mar'23 to 63.60 Cr in Mar'25. The company's total expenditure, excluding depreciation, also decreased from 94.99 Cr in Mar'23 to 69.99 Cr in Mar'25, but this reduction was not sufficient to prevent operating losses. The operating profit (PBDIT) turned negative, going from a profit of 11.38 Cr in Mar'23 to a loss of 1.76 Cr in Mar'25. Consequently, profit before tax and profit after tax also reflected losses, with figures of -7.87 Cr and -8.34 Cr respectively in Mar'25. The company's total liabilities increased slightly from 114.28 Cr in Mar'24 to 116.94 Cr in Mar'25, while total assets remained relatively stable at 116.94 Cr in Mar'25 compared to 117.44 Cr in Mar'23. Cash flow from operating activities has been negative in the last two years, indicating ongoing challenges in generating cash from core operations. Overall, Kanco Tea's financial performance has deteriorated significantly, leading to negative earnings per share of -16.29 in Mar'25, down from a positive 17.07 in Mar'23.

Should I buy, sell or hold Kanco Tea & Industries Ltd?

Why is Kanco Tea & Industries Ltd falling/rising?

As of 18-Jan, Kanco Tea & Industries Ltd's stock price is at 71.89, down 1.39% after a trend reversal. The stock has underperformed significantly over the past year and shows weak long-term fundamentals, indicating ongoing challenges.

As of 18-Jan, Kanco Tea & Industries Ltd's stock price is falling, currently at 71.89, reflecting a decrease of 1.01 or 1.39%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 2.84% today and reached an intraday low of Rs 70, which is a drop of 3.98%. <BR><BR>In terms of performance over various periods, the stock has shown a negative return of 17.07% over the past year, significantly underperforming the market, which has generated positive returns of 8.47% during the same timeframe. Additionally, the stock's long-term fundamentals appear weak, with a staggering -173.12% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of -0.49, indicating challenges in servicing its debt. <BR><BR>Investor participation has also declined, as evidenced by a 64.36% drop in delivery volume compared to the five-day average. Despite trading above its moving averages, the overall sentiment and performance metrics suggest that the stock is facing significant headwinds, contributing to its current decline.

Which are the latest news on Kanco Tea?