Neelamalai Agro

Who are in the management team of Neelamalai Agro?

As of March 2022, the management team of Neelamalai Agro includes Ajit Thomas (Chairman), Shanthi Thomas (Executive Director), and several Independent Directors: F. S. Mohan Eddy, Kavitha Vijay, S. Ganesan, and M Meyyappan, along with S Lakshmi Narasimhan as Company Secretary. Their roles are essential for the company's governance and strategic direction.

As of March 2022, the management team of Neelamalai Agro includes the following individuals:<BR><BR>1. Ajit Thomas - Chairman (Non-Executive) with a remuneration of Rs. 63.0 k.<BR>2. Shanthi Thomas - Executive Director with a remuneration of Rs. 36.0 lacs.<BR>3. F. S. Mohan Eddy - Independent Director with a remuneration of Rs. 68.0 k.<BR>4. S Lakshmi Narasimhan - Company Secretary & Compliance Officer with no remuneration listed.<BR>5. Kavitha Vijay - Independent Director with a remuneration of Rs. 35.0 k.<BR>6. S. Ganesan - Independent Director with a remuneration of Rs. 40.0 k.<BR>7. M Meyyappan - Independent Director with a remuneration of Rs. 68.0 k.<BR><BR>This team plays a crucial role in the governance and strategic direction of the company.

What does Neelamalai Agro do?

Neelamalai Agro Industries Ltd is a micro-cap FMCG company that produces and sells tea in India and internationally. As of March 2025, it reported net sales of 5 Cr and a net profit of 4 Cr, with a market cap of Rs 230 Cr.

Overview:<BR>Neelamalai Agro Industries Ltd is a micro-cap company in the FMCG industry that specializes in the production and sale of tea both in India and internationally.<BR><BR>History:<BR>The company was incorporated on April 21, 1943, originally as Neelamalai Tea & Coffee Estate & Industries, and it adopted its current name on November 17, 1986. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 5 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 230 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 10.00<BR>- Industry P/E: 69<BR>- Dividend Yield: 1.36%<BR>- Debt-Equity: -0.13<BR>- Return on Equity: 8.06%<BR>- Price to Book: 0.77<BR><BR>Contact Details:<BR>Address: Katary Estate, Katary Post Coonoor Nilgiris Tamil Nadu : 643213<BR>Tel: 91-423-2284235<BR>Email: secneelamalai@vsnl.net<BR>Website: http://www.neelamalaiagro.com

Has Neelamalai Agro declared dividend?

Neelamalai Agro Industries Ltd has declared a 500% dividend, amounting to ₹50 per share, with an ex-date of August 13, 2024. While the dividend yield is 1.36%, total returns have varied, showing declines in the short term and some positive returns over longer periods.

Neelamalai Agro Industries Ltd has declared a 500% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 500%<BR>- Amount per share: 50<BR>- Ex-date: 13 Aug 24<BR><BR>Dividend Yield: 1.36%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -13.95%, the dividend return was 0%, resulting in a total return of -13.95%.<BR><BR>For the 1-year period, the price return was -1.26%, the dividend return was 1.27%, leading to a total return of 0.01%.<BR><BR>Over the 2-year period, the price return was 10.17%, the dividend return was 2.35%, culminating in a total return of 12.52%.<BR><BR>In the 3-year period, the price return was -1.26%, the dividend return was 2.94%, which resulted in a total return of 1.68%.<BR><BR>For the 4-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>In the 5-year period, similarly, there was no price return or dividend return, leading to a total return of 0.0%.<BR><BR>Overall, Neelamalai Agro has declared a significant dividend, but the total returns over various periods show a mixed performance, with notable declines in the shorter terms and some positive returns in the longer terms.

Who are the peers of the Neelamalai Agro?

Neelamalai Agro's peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Waterbase, Milkfood, Peria Kara. Tea, Madhusudan Masa, and United Nilgiri. Neelamalai Agro has average management risk and a 1-year return of -4.89%, better than Milkfood's -35.59% but worse than Britannia Inds.' 7.77%.

Peers: The peers of Neelamalai Agro are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Waterbase, Milkfood, Peria Kara. Tea, Madhusudan Masa, and United Nilgiri.<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 and Godrej Consumer. Average management risk is present at Neelamalai Agro, Milkfood, Peria Kara. Tea, Madhusudan Masa, and United Nilgiri, while Waterbase has Below Average management risk. Growth is Excellent at Madhusudan Masa, Average at Nestle India, and Below Average at Hind. Unilever, ITC, Britannia Inds., Godrej Consumer, Neelamalai Agro, Waterbase, Milkfood, Peria Kara. Tea, and United Nilgiri. Capital Structure is Excellent at Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, and United Nilgiri, while Neelamalai Agro, Milkfood, and Waterbase have Below Average capital structure, and Peria Kara. Tea has Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Britannia Inds. at 7.77%, while Milkfood has the lowest at -35.59%. Neelamalai Agro's 1-year return of -4.89% is better than Milkfood's but worse than Britannia Inds. Additionally, Waterbase, Milkfood, and Godrej Consumer have negative six-month returns.

Is Neelamalai Agro overvalued or undervalued?

As of February 14, 2022, Neelamalai Agro is assessed as undervalued with a PE ratio of 9.67, significantly lower than peers like Tata Consumer and CCL Products, indicating a potential buying opportunity despite recent underperformance compared to the Sensex.

As of 14 February 2022, the valuation grade for Neelamalai Agro has moved from very expensive to risky. The company is currently assessed as undervalued. Key ratios include a PE ratio of 9.67, a price to book value of 0.78, and an EV to EBITDA of -45.80, indicating significant underperformance relative to its earnings potential.<BR><BR>In comparison to peers, Neelamalai Agro's PE ratio is notably lower than Tata Consumer's 85.98 and CCL Products' 37.63, which are classified as very expensive and attractive, respectively. The company's return on equity (ROE) stands at 8.06%, which is relatively decent compared to other risky peers like Goodricke Group, which has a PE of 32.07. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -11.17% compared to the Sensex's 5.62%, the overall valuation suggests that Neelamalai Agro presents a buying opportunity given its current metrics.

What is the technical trend for Neelamalai Agro?

As of April 21, 2025, Neelamalai Agro's technical trend is mildly bearish, influenced by mixed signals from MACD and Bollinger Bands, with daily moving averages reinforcing a cautious outlook.

As of 21 April 2025, the technical trend for Neelamalai Agro has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands show a bullish trend on the weekly chart but are mildly bearish on the monthly chart. Daily moving averages are mildly bearish, reinforcing the overall cautious outlook. The KST is mildly bullish weekly but also mildly bearish monthly. Dow Theory indicates a mildly bearish trend on the weekly timeframe with no clear trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from MACD and Bollinger Bands.

Who are the top shareholders of the Neelamalai Agro?

The top shareholder of Neelamalai Agro is Ajit Thomas, owning 66.65% of the shares, while individual investors hold 17.75%. There are no mutual funds, foreign institutional investors, or pledged promoter holdings in the company.

The top shareholder of Neelamalai Agro is Ajit Thomas, who holds 66.65% of the shares. The majority of the remaining shares are held by individual investors, who collectively own 17.75%. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

How big is Neelamalai Agro?

As of 24th July, Neelamalai Agro Industries Ltd has a market capitalization of 228.00 Cr and reported Net Sales of 23.25 Cr and a Net Profit of 23.20 Cr in the latest four quarters. Specific values for Shareholder's Funds and Total Assets are not available.

As of 24th July, Neelamalai Agro Industries Ltd has a market capitalization of 228.00 Cr, classified as a Micro Cap company.<BR><BR>In the latest four quarters, Neelamalai Agro reported Net Sales of 23.25 Cr and a Net Profit of 23.20 Cr.<BR><BR>The reporting period for the balance sheet data is the latest annual period, but specific values for Shareholder's Funds and Total Assets are not available.

When is the next results date for Neelamalai Agro?

Neelamalai Agro will announce its results on 13 November 2025.

Neelamalai Agro is scheduled to declare its results on 13 November 2025.

How has been the historical performance of Neelamalai Agro?

Neelamalai Agro has experienced fluctuating financial performance, with declining net sales from INR 29.57 crore in March 2022 to INR 23.24 crore in March 2025, and negative operating profit since March 2023, culminating in a loss of INR 2.21 crore in March 2025. Total assets and liabilities increased, but cash flow from operations remained negative, indicating ongoing profitability challenges.

Answer:<BR>The historical performance of Neelamalai Agro shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Neelamalai Agro's net sales have seen a decline from INR 29.57 crore in March 2022 to INR 23.24 crore in March 2025, with a slight increase in March 2023 to INR 24.93 crore. The total operating income followed a similar pattern, reflecting the same values as net sales. The total expenditure, excluding depreciation, peaked at INR 30.57 crore in March 2022 and decreased to INR 25.87 crore by March 2025. Operating profit (PBDIT) has been negative since March 2023, with a loss of INR 2.63 crore in March 2025. Profit before tax also turned negative in March 2025 at INR -2.22 crore, following a profit of INR 17.27 crore in March 2024. Consequently, profit after tax dropped to INR -2.21 crore in March 2025 from INR 15.24 crore in March 2024. The consolidated net profit has decreased from INR 39.03 crore in March 2024 to INR 23.20 crore in March 2025. On the balance sheet, total assets increased from INR 284.79 crore in March 2024 to INR 307.93 crore in March 2025, while total liabilities also rose from INR 284.79 crore to INR 307.93 crore in the same period. The cash flow from operating activities remained negative, reflecting ongoing challenges in generating cash from core operations. Overall, Neelamalai Agro's financial performance indicates significant volatility and challenges in profitability and operational efficiency over the observed years.

Are Neelamalai Agro Industries Ltd latest results good or bad?

Neelamalai Agro Industries Ltd's latest results show strong revenue growth of 47.23% and a 75.09% increase in net profit, but ongoing operational challenges and negative profit margins raise concerns about sustainability. Investors should be cautious due to these underlying issues.

Neelamalai Agro Industries Ltd's latest results present a mixed picture. On one hand, the company experienced a significant revenue recovery, with net sales increasing by 47.23% quarter-on-quarter to ₹7.17 crores. This growth is encouraging and indicates improved demand or better realizations for their tea products. Additionally, the consolidated net profit rose by 75.09% to ₹9.42 crores, which is a positive development.<BR><BR>However, despite these gains, the company continues to face serious operational challenges. The operating profit margin, excluding other income, remains negative at -2.51%, although this is an improvement from the previous quarter's -19.92%. This indicates ongoing difficulties in generating profits from its core tea cultivation and manufacturing operations. The reliance on other income, which contributed significantly to the bottom line, raises concerns about the sustainability of these profits.<BR><BR>Moreover, the company's return on equity (ROE) of 10.57% is below industry standards, and the persistent negative operating margins over the last seven quarters highlight fundamental issues in the business model. <BR><BR>In summary, while the revenue and profit growth are positive signs, the underlying operational struggles and reliance on non-operating income suggest that the results are not entirely good. Investors should be cautious and consider these challenges when evaluating the company's performance.

Should I buy, sell or hold Neelamalai Agro Industries Ltd?

Which are the latest news on Neelamalai Agro?

Why is Neelamalai Agro Industries Ltd falling/rising?

As of 03-Jun, Neelamalai Agro Industries Ltd's stock price is stable at 3,300.00, with short-term gains of 1.54% over one week and 1.67% over one month, outperforming the declining Sensex. However, concerns about long-term fundamentals persist due to operating losses, a poor EBIT to Interest ratio, and decreased investor participation, suggesting a cautious outlook for the stock.

As of 03-Jun, Neelamalai Agro Industries Ltd's stock price is currently stable at 3,300.00, showing no change (0.00%). Despite this stability, the stock has demonstrated a positive performance in the short term, with a 1-week increase of 1.54% and a 1-month increase of 1.67%, while the benchmark Sensex has declined by 2.10% and 2.47% respectively during the same periods. This indicates that the stock is outperforming the market.<BR><BR>However, there are significant concerns regarding the company's long-term fundamentals. The company has reported operating losses, which contribute to a weak ability to service its debt, evidenced by a poor EBIT to Interest ratio of -4.08. Additionally, the company has a negative EBITDA of Rs. -1.76 cr, which raises red flags about its financial health. Although there were positive results in net sales and profit after tax for the latest quarter, the overall financial picture remains concerning due to the reported losses and negative return on capital employed (ROCE).<BR><BR>Investor participation has also fallen, with a delivery volume decrease of 41.49% compared to the 5-day average, suggesting reduced interest from investors. While the stock is liquid enough for trading, the combination of weak long-term fundamentals and declining investor participation could lead to a cautious outlook for the stock moving forward. Thus, while the stock has shown some short-term resilience, the underlying financial challenges may pose risks that could affect its future performance.