Tata Coffee

about 7 years ago

The company posted a fantastic consolidated net profit for Q4Fy17 at Rs.60 crore v/s Rs.28 crore in previous Q4, an over 2 times rise. Though, this was on a flat revenue growth at Rs.395 crore. So what led to the surge in bottomline? An overall 9% drop in total expenses. This led to the EBITDA growing 44% at Rs.108 crore with margins going up from 18.43% to 26.60%. Its interest outgo during the quarter rose 27% but for FY17, it remained constant at Rs.37 crore.

The growth of the company was led by plantations. Value added products contribute 77% to total income but its topline was down 4% (YoY) and EBIT showed a 15% increase. On the other hand, plantations showed an 18% jump in topline and its EBIT was up by a smart 139% - call it a lower base effect but this is what helped the company end the quarter with such bumper numbers.

The company ended Fy17 with a consolidated 3.5% rise in revenue at Rs.1606 crore and net profit rose 67% at Rs.209 crore. Equity is at Rs.18.68 crore and EPS for the year was at Rs.8.09 (FV of Re.1).

344.80 (+11.90)

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