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Norben Tea & Exports Ltd

NORBTEAEXP·NSE
66.26+0.09%Tue, 22 Sept '26

Norben Tea & Exports Ltd

NORBTEAEXP
NSE
66.26
+0.09%
|Tue, 22 Sept '26
SOICxStockScans Reports
6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
103Cr
Close
Close Price
66.26
Industry
Industry
Tea
PE
Price To Earnings
PS
Price To Sales
12.67
Revenue
Revenue
8Cr
Rev Gr TTM
Revenue Growth TTM
6.97%
PAT Gr TTM
PAT Growth TTM
-437.50%

Quarterly Results

Standalone
Numbers
Percentage
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
211132112311
Growth YoY
Revenue Growth YoY%
-20.3-32.059.5-26.346.044.3-8.5-4.7-26.949.532.44.9
Expenses
ExpensesCr
122122212321
Operating Profit
Operating ProfitCr
1-1-1010-111001
OPM
OPM%
48.2-69.3-50.935.741.912.4-50.052.921.315.9-22.451.9
Other Income
Other IncomeCr
000000000000
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
1-1-1010-1000-10
Tax
TaxCr
000000000000
PAT
PATCr
1-1-1010-1000-10
Growth YoY
PAT Growth YoY%
35.3-600.0-114.6-66.740.689.80.0625.0-88.7160.023.310.3
NPM
NPM%
30.8-105.0-87.33.129.7-7.4-95.423.64.63.0-55.224.8
EPS
EPS
0.6-1.3-0.90.00.8-0.1-0.90.20.10.1-0.50.2
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
211132112311
Growth YoY
Revenue Growth YoY%
-20.3-32.059.5-26.346.044.3-8.5-4.7-26.949.532.44.9
Expenses
ExpensesCr
122122212321
Operating Profit
Operating ProfitCr
1-1-1010-111001
OPM
OPM%
48.2-69.3-50.935.741.912.4-50.052.921.315.9-22.451.9
Other Income
Other IncomeCr
000000000000
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
1-1-1010-1000-10
Tax
TaxCr
000000000000
PAT
PATCr
1-1-1010-1000-10
Growth YoY
PAT Growth YoY%
35.3-600.0-114.6-66.740.689.80.0625.0-88.7160.023.310.3
NPM
NPM%
30.8-105.0-87.33.129.7-7.4-95.423.64.63.0-55.224.8
EPS
EPS
0.6-1.3-0.90.00.8-0.1-0.90.20.10.1-0.50.2

Profit & Loss

Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
555557687888
Growth
Revenue Growth%
26.9-0.8-1.216.3-9.753.1-20.030.3-15.416.45.47.0
Expenses
ExpensesCr
445555567677
Operating Profit
Operating ProfitCr
110102120211
OPM
OPM%
10.712.31.112.4-8.132.315.321.6-1.020.116.416.5
Other Income
Other IncomeCr
001000000000
Interest Expense
Interest ExpenseCr
001111111111
Depreciation
DepreciationCr
000001111111
PBT
PBTCr
0000-2100-2000
Tax
TaxCr
000000000000
PAT
PATCr
0000-2100-2000
Growth
PAT Growth%
-85.3-76.8-787.7-749.3-257.6173.3-122.6179.5-902.889.6-66.8-437.5
NPM
NPM%
0.70.2-1.1-8.3-33.015.8-4.52.7-25.9-2.3-3.6-3.3
EPS
EPS
0.00.0-0.1-0.4-1.41.0-0.20.2-1.4-0.1-0.2-0.2
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
555557687888
Growth
Revenue Growth%
26.9-0.8-1.216.3-9.753.1-20.030.3-15.416.45.47.0
Expenses
ExpensesCr
445555567677
Operating Profit
Operating ProfitCr
110102120211
OPM
OPM%
10.712.31.112.4-8.132.315.321.6-1.020.116.416.5
Other Income
Other IncomeCr
001000000000
Interest Expense
Interest ExpenseCr
001111111111
Depreciation
DepreciationCr
000001111111
PBT
PBTCr
0000-2100-2000
Tax
TaxCr
000000000000
PAT
PATCr
0000-2100-2000
Growth
PAT Growth%
-85.3-76.8-787.7-749.3-257.6173.3-122.6179.5-902.889.6-66.8-437.5
NPM
NPM%
0.70.2-1.1-8.3-33.015.8-4.52.7-25.9-2.3-3.6-3.3
EPS
EPS
0.00.0-0.1-0.4-1.41.0-0.20.2-1.4-0.1-0.2-0.2

Balance Sheet

Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
1212121212121212121316
Reserves
ReservesCr
44442333123
Current Liabilities
Current LiabilitiesCr
33633345566
Non Current Liabilities
Non Current LiabilitiesCr
22146556765
Total Liabilities
Total LiabilitiesCr
2021222323232426262830
Current Assets
Current AssetsCr
22222122234
Non Current Assets
Non Current AssetsCr
1719202121222223242526
Total Assets
Total AssetsCr
2021222323232426262830
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
1212121212121212121316
Reserves
ReservesCr
44442333123
Current Liabilities
Current LiabilitiesCr
33633345566
Non Current Liabilities
Non Current LiabilitiesCr
22146556765
Total Liabilities
Total LiabilitiesCr
2021222323232426262830
Current Assets
Current AssetsCr
22222122234
Non Current Assets
Non Current AssetsCr
1719202121222223242526
Total Assets
Total AssetsCr
2021222323232426262830

Cash Flow

Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
10110211110
Investing Cash Flow
Investing Cash FlowCr
-1-1-1-1-1-1-1-1-1-2-2
Financing Cash Flow
Financing Cash FlowCr
01000-101011
Net Cash Flow
Net Cash FlowCr
00000000000
Free Cash Flow
Free Cash FlowCr
0-10-1-11-1-10-1-2
CFO To PAT
CFO To PAT%
1,712.74,834.3-1,951.3-121.5-18.0199.4-221.1475.8-55.1-540.4-28.6
CFO To EBITDA
CFO To EBITDA%
111.864.12,089.581.5-73.797.364.559.9-1,464.862.26.4
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
10110211110
Investing Cash Flow
Investing Cash FlowCr
-1-1-1-1-1-1-1-1-1-2-2
Financing Cash Flow
Financing Cash FlowCr
01000-101011
Net Cash Flow
Net Cash FlowCr
00000000000
Free Cash Flow
Free Cash FlowCr
0-10-1-11-1-10-1-2
CFO To PAT
CFO To PAT%
1,712.74,834.3-1,951.3-121.5-18.0199.4-221.1475.8-55.1-540.4-28.6
CFO To EBITDA
CFO To EBITDA%
111.864.12,089.581.5-73.797.364.559.9-1,464.862.26.4

Ratios

Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
988647891547139103
Price To Earnings
Price To Earnings
266.7680.05.842.9
Price To Sales
Price To Sales
2.01.71.71.10.90.91.31.22.36.217.212.7
Price To Book
Price To Book
0.60.50.50.40.30.50.50.61.23.17.45.5
EV To EBITDA
EV To EBITDA
24.421.2264.918.6-29.35.516.610.6-395.336.6111.183.2
Profitability Ratios
Profitability Ratios
GPM
GPM%
81.384.578.580.772.283.383.781.870.084.679.779.7
OPM
OPM%
10.712.31.112.4-8.132.315.321.6-1.020.116.416.5
NPM
NPM%
0.70.2-1.1-8.3-33.015.8-4.52.7-25.9-2.3-3.6-3.3
ROCE
ROCE%
2.23.12.10.9-3.89.22.04.9-2.63.92.92.9
ROE
ROE%
0.20.1-0.3-2.9-11.87.9-1.81.4-13.0-1.2-1.6-1.6
ROA
ROA%
0.20.0-0.2-2.0-7.15.1-1.10.8-6.6-0.6-1.0-1.0
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
988647891547139103
Price To Earnings
Price To Earnings
266.7680.05.842.9
Price To Sales
Price To Sales
2.01.71.71.10.90.91.31.22.36.217.212.7
Price To Book
Price To Book
0.60.50.50.40.30.50.50.61.23.17.45.5
EV To EBITDA
EV To EBITDA
24.421.2264.918.6-29.35.516.610.6-395.336.6111.183.2
Profitability Ratios
Profitability Ratios
GPM
GPM%
81.384.578.580.772.283.383.781.870.084.679.779.7
OPM
OPM%
10.712.31.112.4-8.132.315.321.6-1.020.116.416.5
NPM
NPM%
0.70.2-1.1-8.3-33.015.8-4.52.7-25.9-2.3-3.6-3.3
ROCE
ROCE%
2.23.12.10.9-3.89.22.04.9-2.63.92.92.9
ROE
ROE%
0.20.1-0.3-2.9-11.87.9-1.81.4-13.0-1.2-1.6-1.6
ROA
ROA%
0.20.0-0.2-2.0-7.15.1-1.10.8-6.6-0.6-1.0-1.0
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Norben Tea & Exports is a tea company that grows leaves on its own land, processes them in its own factory, and sells the finished tea - mostly through auction houses. Incorporated in 1990 and run from Kolkata by Managing Director Manoj Kumar Daga, it has spent three decades as a single-line business: a 126-acre estate in West Bengal’s Jalpaiguri district that feeds a factory, with every other activity revolving around that core. The recurring approach is a plantation-to-market model that relies on natural resources for growing and uses energy only at the final processing stage, while building its reputation on meeting food-safety standards that many buyers now demand. # Business segments A single engine - tea from bush to buyer - with all revenue flowing from the cultivation, manufacture and sale of tea, supplemented by small ancillary streams that are natural by-products of running a tea estate. ## 1. Tea: the plantation-to-market engine **The company grows tea on its own 126-acre estate, processes it in-house, and sells the finished leaf through auction centres - a single integrated chain with no middlemen.** - **Own land, own bushes** - the estate sits on freehold land in Berubari, District Jalpaiguri, West Bengal, and the tea bushes (called bearer plants) are depreciated over a useful life of 70 years, reflecting a long-term asset meant to produce for decades. - **Grown with nature, processed with energy** - cultivation relies more on natural resources than on fossil fuels; energy enters the picture only at the final manufacturing stage, where the factory’s machinery, electric installations and buildings turn plucked leaf into made tea. - **Sold at auction, not on contract** - the company sells its manufactured tea primarily through auction centres, and as a matter of policy it does not enter into forward or futures contracts for its produce, so it lives with the spot price. - **Compliance as the differentiator** - the company’s stated edge is having among the highest levels of compliance with Food Safety requirements and Maximum Residual Level (MRL) limits, which matters because buyers are increasingly demanding teas that meet these standards and regulators are monitoring more closely. - **Ancillary streams from the same land** - beyond made tea, the estate also sells green leaf (unprocessed leaf), tea cuttings that serve as planting material, and scrap, and earns commission income - all natural by-products of running a tea plantation. # Group structure and partners **Norben Tea & Exports stands alone - no subsidiaries, no joint ventures - but it leans on two promoter-group companies for capital and operational kinship.** - **A standalone company with no corporate layers** - as of March 2026, the company has no subsidiaries, joint ventures or associate companies, and no holding company sits above it. - **A sister tea estate in the promoter group** - Tongani Tea Company Ltd, a promoter-group entity, also grows and manufactures tea, with its Tongani Tea Estate located in the Mangaldoi Tea District of Assam; the company has proposed borrowing up to Rs. 5 Crore from it to meet business needs and reduce debt-financing costs. - **A real-estate arm in the family** - Mangalam Products Pvt. Ltd., another promoter-group company, is in the real estate business, and the company has proposed borrowing up to Rs. 2 Crore from it for the same purpose.

Documents — Norben Tea & Exports Ltd

  • Q1 FY2027 Quarterly Result (Jun 2026, PDF): https://www.stockscans.in/document/1fnx8ilbjfj38ut6kz3z1u05.pdf
  • Q4 FY2026 Quarterly Result (Mar 2026, PDF): https://www.stockscans.in/document/c5x1mwhszr1dt3tlvvmwqx9c.pdf
  • Q3 FY2026 Quarterly Result (Dec 2025, PDF): https://www.stockscans.in/document/o37ppmwlzaxz0d1qeo03uwgj.pdf
  • Q2 FY2026 Quarterly Result (Sep 2025, PDF): https://www.stockscans.in/document/g7c6otqdt9r6antzgs1qkkgf.pdf
  • Q1 FY2026 Quarterly Result (Jun 2025, PDF): https://www.stockscans.in/document/2yb7h5505shz8ehfdp3sbg2o.pdf
  • Q4 FY2025 Quarterly Result (Mar 2025, PDF): https://www.stockscans.in/document/4m3irins0z59s1281g19cbla.pdf
  • Q3 FY2025 Quarterly Result (Dec 2024, PDF): https://www.stockscans.in/document/8jbchsv879vfmjb8ih6qvmd4.pdf
  • Q2 FY2025 Quarterly Result (Sep 2024, PDF): https://www.stockscans.in/document/068i0bz8homlz87v7ts6akp6.pdf
  • FY2026 Annual Report (PDF): https://www.stockscans.in/document/tm91ygqm7mswml5av45qqvy3.pdf
  • FY2025 Annual Report (PDF): https://www.stockscans.in/document/emnyfvn2fkaqecq1m3s1ooxh.pdf
  • FY2024 Annual Report (PDF): https://www.stockscans.in/document/0gn6t6gvsxjwloumikrcxrxj.pdf
  • FY2023 Annual Report (PDF): https://www.stockscans.in/document/6lax1j1183kq6lyl6tixuv02.pdf
  • FY2020 Annual Report (PDF): https://www.stockscans.in/document/0p6206m2pfozkzcra8urdso0.pdf