Dhunseri tea( DTIL)

CMP--256

Until 2008-09, Dhunseri Tea & Industries Ltd. (DTIL) was only engaged in tea production and then it branched out into the other segments. Tea is one of the oldest businesses of the Dhunseri Group and has been the flag bearer for the last five decades.

DTIL has widened its reach from eight estates in 2003-04 to ten estates in 2012-13 in Assam. As a result, the company is now one of the ten largest tea producers in India. The Company’s tea packaging and blending units are located in Dhunseri Tea Estate (Assam) and at Jaipur (Rajasthan). Dhunseri group has through its subsidiary; Dhunseri Petrochem & Tea Pte Ltd. recently acquired two tea estates in Malawi in South Eastern Africa with a production capacity of 94.50 lac kgs of tea. With this acquisition, Dhunseri Petrochem & Tea Ltd. has joined the elite club of tea companies, who have already made their foray in the overseas tea plantation business.Has acquired 100% share capital of Kawalazi Estate Company Ltd and the Makandi Tea & Coffee Estates Limited (both companies based in Malawi, Africa). Accordingly the company has become the ultimate holding company of these two subsidiaries in Malawi, Africa. The aforesaid two subsidiaries based in Malawi, Africa in totality produce 94.50 lakh kgs of tea and 3.2 lakh kgs of Macadamia.
The Company is also engaged in commercial
production and sale of macadamia nuts from
its Malawian tea estates.
The year 2014-15 was one in which this conviction
was tested. Indian tea realisations declined by an
average of

0.53 per kilogram, resulting in a decline in
profits for most tea companies.
Dhunseri Tea was an exception. Its Indian tea
operations reported a 31.86% increase in PAT in
2014-15.
Financials:

MARKET CAP (Rs Cr)
179.33
P/E
11.02
BOOK VALUE (Rs)
626.93
DIV (%)
75.00%
Market Lot
1
INDUSTRY P/E
31.60
EPS
25(March2015)
P/C
8.01
PRICE/BOOK
0.41
DIV YIELD.(%)
2.93%
FACE VALUE (Rs)
10.00
Sale were at 163cr for FY15 and NP was at 17.57cr on an equity of 7.01cr. For the first half of the current year sept 2015(6 months) sale stand at 81cr and NP at 19.98cr.

The scrip may offer good scope for appreciation.

 

Dhunseri Tea & Industries Ltd has informed BSE that as discussed at the meeting of the Board of Directors of the Company held on November 09, 2015, the Company shall be venturing into some additional new business activities viz Consumer Products to be marketed and sold under the Companys Registered Trademark. LAL GHORA , initially in the State of Rajasthan.

 

Sir I am putting this stock in watchlist to track closely. Thanks for reco.

 

Okay Sir .... Thanks

 

On my watchlist too.... Thanks for the pick

 

DTIL @ 263

 

Your stock pick are great. Steady performer. How long you keep the stock. When you decide to sell? Or you hold forever?

 

@good stocks very good pick.

 

Thanks W4wealth and Srouta ji.Let us see the performance of the stock and that of the company, tea prices in India and the world over as also of the Broader market.Then we can decide whether to continue holding or exiting.

 

Today made a high of 270

 

@277 nnnnow

 

Just see this report...https://www.foxnews.com/world/2015/...-devastate-rooibos-harvest-lead-to-tea-price/

 

Made its way from 256 to 302.90 today

 

18% Return In One Month is simply sooper! Congratulations!! Keep it up

 

Thanks Srouta ji.. Thanks for the support and encouragement...One thing i wish to mention is that one should have enough courage tooo... to enter a stock.

 

Back to 302/-. Up 5%

Is this on the anticipation of better tea prices ?

 

DTIL MADE a high of 349

 

@good stocks be careful with price movement. sell if it is a trading idea.

 

Already booked