• Bateli Tea Growth

Bateli Tea Revenue Growth

Growth in %

  • -5.71%

    1 Year

  • 8.70%

    3 Year

  • 9.58%

    7 Year

Although the company registered an increase of 15.11% in the sales volume by achieving a sales volume of 39.23 lacs kgs of tea as compared to 34.07 lacs kgs in the previous year, the total revenue of the company took a little dip and decreased by -5.71% in FY22 as compared to FY21. This happened as the demand for the product didn't increase by that much and therefore company's unsold inventory saw a substantial increment of 32% in FY22 as compared to FY21. 

The y-o-y revenue growth rate of the past 6 years has shown a positive pace of 9.58% which mostly has been derived from the core operations of the company but due to Covid-19, sales of the company took a hit for a couple of years but then it bounced back to its pre-covid level. The company derived 100% of this revenue from its sales in the domestic market. It is because the company has its estate that is sprawled over an area of approx 1000 acres and their teas are well marketed through auctions as well as through our own distribution network and retail stores.

Bateli Tea Net Profit Growth(PAT)

Growth in %

  • -23.00%

    1 Year

  • 9.03%

    3 Year

  • 6.78%

    7 Year

Net profit decreased by -23% in FY22 as compared to FY21. Though it is worth noting that, unlike in FY22, in FY21 there was a reduction in the tax liability due to the carry forward of tax losses, the main factor that affected the net profits negatively is the decrease in revenues of the company. However, if we look at the past 6-year trend, the net profit has increased by 10.38%, which is rewarding looking at the industry average of -1.94%. 

Although the sales bounced back to the pre-covid level, but the manufacturing cost of the company has increased at a much faster pace during this time.

Bateli Tea EPS Growth

Growth in %

  • -23.00%

    1 Year

  • 9.03%

    3 Year

  • 6.78%

    7 Year

Because the number of shares has remained constant for the past 6 years, the company's EPS has shown a shift in proportion with the shifting trend in its net profit.

  • Bateli Tea Book Value Growth

Growth in %

  • 9.96%

    1 Year

  • 10.15%

    3 Year

  • 12.12%

    7 Year

There has been a growing trend of 12.12% in the shareholder's equity y-o-y from FY15 to FY22 as the company increased its reserves and surplus continuously during the same period and there has been no new issue of shares during this time.

Bateli Tea EBITDA Growth

Growth in %

  • -4.76%

    1 Year

  • 5.51%

    3 Year

  • 6.21%

    7 Year

Due to changes in inventories of finished goods, the company's operating expenses went down by -8.21% in FY22 compared to FY2021. But since the revenue generated in FY22 was also a little less y-o-y, EBITDA also went down proportionately. But the y-o-y growth from 2017 to 2022 has shown an upward trend of 11.56%.

Bateli Tea Operating Profit Growth

Growth in %

  • -8.16%

    1 Year

  • 10.29%

    3 Year

  • 4.93%

    7 Year

The operating profit of the company went down by -8.16% in FY22, mainly due to a decline in revenues in FY22 as compared to FY21 and marginally due to an increase in the depreciation expense incurred during the year as the company purchased new buildings, and plant and equipment worth around 8.9Cr and 4.8Cr respectively.

Bateli Tea Asset Growth

Growth in %

  • 0.84%

    1 Year

  • 5.56%

    4 Year

  • 9.77%

    7 Year

The company's total assets increased by 0.84%  y-o-y in FY22 over FY21. The company has been consistently investing in its fixed asset requirements and therefore the overall y-o-y growth in the assets of the company from 2017 has been consistent with the annual growth rate of 5.6%.

Bateli Tea Cash Flow from Operations

Growth in %

  • 1359.31%

    1 Year

  • 7.40%

    3 Year

  • 2.60%

    7 Year

In FY22, the operational cashflow of the company saw an astounding jump of 1,359% as the company was able to convert a huge chunk of its receivables into cash.

  • Bateli Tea Solvency Ratios

Bateli Tea D/E Ratio

Debt-to-Equity ratio has decreased as the company has paid off a major chunk of its long-term borrowings in FY22 and by looking at the revenues since 2018 when the company increased its debt investment, it can be derived that the company was able to utilize the debt in a proper manner.

Bateli Tea Current Ratio

The current ratio of the company has shown a dip of -14.86% as the company's short-term borrowings payable spiked up by 108% as its short-term secured and unsecured loans payable increased at a drastic rate in FY22 as compared to FY21. 

Bateli Tea Quick Ratio

Bateli Tea Interest Coverage Ratio

The interest coverage ratio decreased as Interest expense increased at a much higher rate than EBIT during FY22 as compared to FY21.

  • Bateli Tea Operating Efficiency


Bateli Tea Operating Profit EBIT Margin(OPM)

The EBIT margin of the company decreased due to the increase in depreciation expense as the company increased its investment in fixed assets

Bateli Tea Profit Before Tax Margin (PBT Margin)

Although interest expense decresed in FY22 but the operating profit was on the lower side in FY22, therefore the PBT margin dipped 

Bateli Tea Profit After Tax Margin (PAT Margin)

PAT margin went down by 18% in FY22 as the tax expenses payable during the year were more than in FY21 because in FY21 there was a reduction in the tax liability in FY21 due to the carry forward of tax losses.

  • Bateli Tea Profitablity Ratio

Bateli Tea Return on Equity(RoE)

The company's net income decreased as the revenues fell a bit in FY22 and also its shareholder's equity increased as the company did an increment in its general reserve by 11.78% in FY22 as compared to FY21, therefore the ROE of FY22 has taken a huge dip of 30% from FY21.

Bateli Tea Return on Capital Employed(RoCE)

ROCE of the company plummeted by -7.3% in FY22 as EBIT for FY22 decreased by -8.2% y-o-y mainly due to the fall in the revenues of the company in FY22. Also the rise in the total assets due to purchase of buildings and plant and equipment also added to the fall in ROCE in FY22.

Bateli Tea Return to Assets (RoA)

The return on assets ratio has gone down as the PAT of the company was also low due to the downfall in revenue and on the other hand, the company has also increased its fixed assets by investing in plant and equipment and buildings by 7.8%.

  • Bateli Tea Valuation Ratios

Bateli Tea Earning Yield