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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹101 Cr.
Stock P/E
1
P/B
0.5
Current Price
₹271.8
Book Value
₹ 534.9
Face Value
10
52W High
₹408.6
52W Low
₹ 248.1
Dividend Yield
0%

James Warren Tea Overview

Business

James Warren Tea Ltd. is primarily engaged in the cultivation, manufacturing, and marketing of tea. The company operates tea estates, predominantly focusing on the production of various grades of tea. Its core business model involves managing the entire process from plantation to processing tea leaves into finished products, which are then sold in bulk to blenders and packers, or as packaged tea under its own or third-party brands. The company generates revenue by selling its manufactured tea.

Revenue Mix

The primary and dominant segment for James Warren Tea Ltd. is tea. This includes the cultivation of green leaf tea, its processing into black tea (Orthodox and CTC varieties), and its subsequent sale. Specific revenue contributions from different tea types (e.g., bulk vs. packaged, different grades) or other minor agricultural activities are not publicly detailed but tea is the overarching revenue driver.

Industry

James Warren Tea Ltd. operates within the Indian tea industry, which is characterized by a mix of large integrated players, mid-sized estate owners, and numerous small growers. The industry is commodity-driven but also features a significant value-added segment (branded packaged tea). India is one of the largest producers and consumers of tea globally. James Warren Tea likely positions itself as an established tea estate owner, potentially known for specific regional teas (e.g., Assam teas), catering to both the bulk tea market and potentially niche branded segments. Its positioning relative to larger players like Tata Consumer Products or McLeod Russel would be as a mid-tier or specialized plantation company.

MOAT

James Warren Tea's potential competitive advantages could stem from:

Established Tea Estates: Ownership of well-established, fertile tea gardens in prime tea-growing regions, which can yield consistent quality and volume.

Operational Experience: Long-standing expertise in tea cultivation and processing, leading to efficient operations and quality control.

Relationships: Developed relationships with bulk buyers and potentially a distribution network for branded products, if applicable.

Terroir/Quality: Potential for specific estates to produce high-quality or specialty teas that command premium prices.

Growth Drivers

Rising Domestic Consumption: Continued growth in India's population and increasing per capita consumption of tea.

Value-Added Products: Expansion into branded and specialty tea segments (e.g., organic, specific blends) to capture higher margins.

Export Opportunities: Increased demand for Indian tea in international markets.

Price Realization: Favorable trends in global and domestic tea prices.

Operational Efficiency: Improvements in yields, cost management, and processing technologies.

Risks

Commodity Price Volatility: Tea prices are subject to demand-supply dynamics, geopolitical factors, and economic conditions, leading to revenue fluctuations.

Weather Dependency: As an agro-based business, the company is highly susceptible to adverse weather conditions (droughts, excessive rainfall, pests) affecting crop yield and quality.

Labor Issues: Plantation companies are labor-intensive; wage inflation, labor unrest, or scarcity can impact profitability.

Regulatory Changes: Changes in labor laws, environmental regulations, or export/import policies can affect operations and costs.

Competition: Intense competition from other tea producers and alternative beverage companies.

Climate Change: Long-term impact of climate change on tea-growing regions.

Management & Ownership

James Warren Tea Ltd., like many Indian companies, is likely controlled by a promoter group (often a family) with significant shareholding. The management team's quality would depend on their experience in the tea industry, strategic vision for value addition, and ability to navigate commodity cycles. The ownership structure typically includes the promoter group, institutional investors, and public shareholders.

Outlook

James Warren Tea Ltd. operates in a staple industry with consistent demand, especially in India. The company benefits from its core business of tea cultivation and processing. The outlook is balanced by the potential for growth through value addition, increasing domestic consumption, and export opportunities against the inherent risks of an agro-commodity business. These risks include price volatility, dependence on weather conditions, and labor management challenges. Success will hinge on effective cost control, quality management, and the ability to adapt to evolving consumer preferences and market dynamics.

James Warren Tea Share Price

Live · BSE · Inception: 2009
| |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

James Warren Tea Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 37 5 31 75 52 8 26 47 35 3
Other Income 3 13 2 3 -3 2 8 0 4 -8
Total Income 40 18 33 78 49 11 34 48 38 -4
Total Expenditure 44 27 22 37 53 23 16 25 38 20
Operating Profit -4 -9 11 41 -5 -12 17 23 0 -25
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 0 0 0 0 1
Exceptional Income / Expenses 0 0 0 0 15 56 0 0 0 0
Profit Before Tax -5 -10 11 41 9 43 17 22 -0 -25
Provision for Tax -0 -2 1 3 -1 -1 2 1 1 -4
Profit After Tax -5 -8 10 38 10 44 14 21 -1 -21
Adjustments 0 0 -0 0 0 0 0 0 -0 0
Profit After Adjustments -5 -8 10 38 10 44 14 21 -1 -21
Adjusted Earnings Per Share -13.5 -22 26.2 101.5 27.8 118.5 38.5 56.5 -3.9 -57.5

James Warren Tea Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 134 137 121 116 145 144 128 111 130 117 166 111
Other Income 3 6 6 7 4 3 6 5 12 26 5 4
Total Income 138 143 128 123 149 147 134 116 142 142 171 116
Total Expenditure 124 132 124 124 140 140 115 104 129 138 135 99
Operating Profit 14 12 4 -1 9 7 19 12 13 4 36 15
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 9 3 3 3 3 3 3 3 3 3 2 1
Exceptional Income / Expenses 0 21 1 0 0 0 15 0 0 0 71 0
Profit Before Tax 5 29 2 -3 6 4 31 9 10 2 104 14
Provision for Tax -0 2 2 -1 2 1 2 1 0 -0 3 0
Profit After Tax 5 27 0 -3 4 3 29 8 9 2 101 13
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 5 27 0 -3 4 3 29 8 9 2 101 13
Adjusted Earnings Per Share 4.2 22.8 0 -2.7 4.3 4.3 55.2 18.8 21.6 5.1 274 33.6

James Warren Tea Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 106 134 146 114 114 89 112 94 103 86 188
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 9 10 29 31 36 40 34 28 21 19 5
Total Current Liabilities 29 38 24 24 34 27 17 30 28 21 18
Total Liabilities 145 181 199 169 184 156 163 153 153 126 211
Fixed Assets 44 44 45 45 43 44 39 39 40 40 25
Other Non-Current Assets 34 38 74 75 76 55 43 44 39 37 33
Total Current Assets 67 99 80 49 64 57 81 71 74 50 154
Total Assets 145 181 199 169 184 156 163 153 153 126 211

James Warren Tea Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 9 1 7 4 2 1 17 1 8 2 4
Cash Flow from Operating Activities 12 18 -8 2 15 6 15 8 1 -16 25
Cash Flow from Investing Activities -24 -13 10 32 -16 36 -7 23 -6 39 -27
Cash Flow from Financing Activities 5 -0 -5 -35 0 -27 -24 -25 0 -21 0
Net Cash Inflow / Outflow -7 5 -3 -1 -1 16 -16 7 -6 2 -2
Closing Cash & Cash Equivalent 1 7 4 2 1 17 1 8 2 4 2

James Warren Tea Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.23 22.82 0.01 -2.72 4.34 4.31 55.24 18.75 21.56 5.09 274.04
CEPS(Rs) 11.85 25.66 2.57 0.63 7.64 8.89 60.86 25.07 28.05 12.54 280.74
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 88.6 111.42 122.04 122.71 122.13 128.1 213.77 214.12 234.79 232.36 507.53
Core EBITDA Margin(%) 7.9 3.77 -2.14 -6.8 2.95 3.21 10.18 6.23 1 -18.22 18.4
EBIT Margin(%) 3.49 21.52 1.69 -3 3.9 2.95 23.86 8.46 7.64 1.3 62.65
Pre Tax Margin(%) 3.49 21.51 1.69 -3 3.9 2.95 23.86 8.46 7.64 1.3 62.65
PAT Margin (%) 3.77 19.98 0.01 -2.18 2.79 2.09 22.54 7.42 7.27 1.61 61.09
Cash Profit Margin (%) 10.57 22.46 2.54 0.5 4.91 4.3 24.83 9.92 9.46 3.97 62.58
ROA(%) 3.72 16.8 0.01 -1.37 2.29 1.77 18.12 5.22 6.21 1.35 60.06
ROE(%) 4.89 22.82 0.01 -1.94 3.54 2.96 28.75 8 9.6 1.99 74.08
ROCE(%) 4.41 23.6 1.44 -2.67 4.96 4.2 30.43 9.11 10.1 1.6 75.97
Receivable days 1.83 1.79 6.79 7.31 2.7 3.46 4.08 3.48 1.97 1.89 0.73
Inventory Days 21.11 21.61 23.56 23.9 20.4 16.25 14.99 17.17 18.62 23.6 12.43
Payable days -7582.83 -3086.66 3975.83 0 0 1747.81 -4587.47 0 -1199.09 1025.08 0
PER(x) 26.54 6.11 0 0 25.75 16.47 2.32 13.3 10.93 42.82 0.97
Price/Book(x) 1.27 1.25 1.05 1.07 0.91 0.55 0.6 1.16 1 0.94 0.52
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.03 1.21 1.24 1.03 0.71 0.23 0.51 0.92 0.78 0.66 0.58
EV/Core EBITDA(x) 9.99 14.35 39.81 -194.47 11.79 4.38 3.46 8.37 7.93 18.02 2.7
Net Sales Growth(%) -5.56 1.95 -11.47 -4.34 24.62 -0.26 -10.96 -13.47 17.37 -10.5 42.12
EBIT Growth(%) -82.16 529.17 -93.05 -269.68 262.16 -24.55 619.94 -69.33 6.1 -84.78 6748.11
PAT Growth(%) -74.99 439.7 -99.95 0 259.3 -25.38 862.51 -71.51 14.95 -80.14 5282.22
EPS Growth(%) 0 439.7 -99.95 0 259.3 -0.56 1181.28 -66.05 14.95 -76.38 5282.24
Debt/Equity(x) 0.05 0.04 0 0 0 0 0 0 0 0 0
Current Ratio(x) 2.27 2.63 3.32 2.09 1.87 2.08 4.74 2.35 2.64 2.34 8.39
Quick Ratio(x) 2.02 2.39 3.03 1.74 1.64 1.9 4.41 2.18 2.34 2.02 8.14
Interest Cover(x) 3349.36 2153.47 1465.14 0 0 0 0 0 0 0 0
Total Debt/Mcap(x) 0.04 0.03 0 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +42% +14% +3% +2%
Operating Profit CAGR +800% +44% +39% +10%
PAT CAGR +4950% +133% +102% +35%
Share Price CAGR -19% +4% +4% +6%
ROE Average +74% +29% +24% +14%
ROCE Average +76% +29% +25% +15%

James Warren Tea Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 68.61 %
FII 0 %
DII (MF + Insurance) 0.01 %
Public (retail) 31.39 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 68.6168.6168.6168.6168.6168.6168.6168.6168.6168.61
FII 0000000000
DII 0.010.010.010.010.010.010.010.010.010.01
Public 31.3931.3931.3931.3931.3931.3931.3931.3931.3931.39
Others 0000000000
Total 100100100100100100100100100100

James Warren Tea Peer Comparison

Tea/Coffee Edit Columns

James Warren Tea Quarterly Price

10-year quarterly close · BSE
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News & Updates

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James Warren Tea Pros & Cons

Pros

  • Stock is trading at 0.5 times its book value
  • Company has delivered good profit growth of 102% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 29%
  • Debtor days have improved from 1025.08 to 0days.
  • Company is almost debt free.

Cons

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