1. India Stocks

  2. •

    Consumer Defensive

  3. •

    Food Confectioners
McLeod Russel India Limited

McLeod Russel India Limited

MCLEODRUSS.NS
McLeod Russel India LimitedIN flagNational Stock Exchange of India
54.97
INR
+2.61
- -
5.74BMarket Cap
McLeod Russel India Limited
MCLEODRUSS.NS
(National Stock Exchange of India)

Recent

price

54.97

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
115.95
132.05
152.44
163.42
150.38
233.81
215.62
235.86
186.85
106.98
134.26
127.26
127.24
106.99
113.47
110.48
110.44
Revenue per Share
22.77
26.3
25.03
23.49
2.85
3.4
7.11
24.25
3.51
-14.15
-5.02
-17.32
-101.14
-29.83
-18.94
-11.82
-11.81
Basic EPS, GAAP
15.06
10.88
9.91
2.65
-4.88
7.3
0.24
22.9
24.21
4.35
14.16
4.38
14.35
1.5
4.62
3.29
- -
Free Cash Flow per Basic Share
5.76
3.9
4.55
4.36
5.33
- -
3.48
0.24
0.54
6.76
0.08
0.08
- -
- -
- -
- -
- -
Dividend per Share
5
25.02
33.42
42.37
37.94
50.46
53.27
55.77
54.87
34.47
28.2
10.06
-92.6
-123.41
-141.35
5
5
Book Value per Share
138.44
137.97
156.69
175.2
150.94
197.15
201.98
217.12
198.2
156.98
154.05
137.68
34.57
4.74
-13.68
-24.38
-24.37
Tangible Book Value per Share
109
109
109
109
109
82
82
86
91
104
104
104
104
104
104
104
105
Basic Weighted Avg Shares
12,692
14,453
16,686
17,888
16,460
19,263
17,764
20,220
16,953
11,175
14,024
13,293
13,291
11,175
11,854
11,544
11,544
Sales/Revenue/Turnover
23.76
24.75
21.06
17.94
4.02
4.63
-3.43
3.12
-6.48
-3.17
6.76
-0.19
1.63
-15.19
-3.62
-7.53
-7.53
Operating Margin (%)
382
370
427
509
762
1,022
1,035
1,022
841
779
904
748
699
658
612
611
611
Depreciation Expense
2,492
2,879
2,739
2,572
312
280
586
2,079
318
-1,478
-524
-1,809
-10,565
-3,116
-1,979
-1,235
-1,235
Net Income, GAAP
20.33
10.3
13.22
11.72
- -
28.52
- -
12.88
36.04
- -
- -
- -
- -
- -
- -
- -
22.36
Effective Tax Rate (%)
19.64
19.92
16.42
14.38
1.89
1.45
3.3
10.28
1.88
-13.23
-3.74
-13.61
-79.49
-27.88
-16.69
-10.7
-10.7
Profit Margin (%)
-1,550
-1,026
-756
-222
774
1,222
869
4,081
-12,712
-22,447
-23,595
-24,278
-26,428
-28,959
-30,365
-10,860
-10,860
Working Capital
1,406
940
258
826
2,632
3,254
2,263
4,079
2,227
1,913
1,130
1,229
746
500
975
6,397
6,397
LT Debt
15,165
17,584
19,662
21,751
19,955
19,682
19,811
21,907
20,142
18,544
18,233
16,487
5,693
2,501
566
-505
-505
Total Equity
13.74
17.43
14.91
12.44
- -
2.34
- -
1.74
-1.95
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
66.78
89.79
60.41
47.54
- -
8.57
- -
23.13
10.9
- -
- -
- -
- -
- -
- -
- -
24.04
Return on Capital (%)
218.18
175.27
85.65
62
7.09
6.74
13.71
45.35
6.53
-34.45
-16
-90.53
- -
- -
- -
- -
-528.74
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
18,120
- -
8,556
LT Borrowings
984
- -
6,397
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
- -
104
Market Capitalization
3,868
5,202
3,028

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,423
- -
3,223
Cash, Cash Equivalents & STI
356
- -
719
Accounts Receivable, Net
509
- -
377
Inventories
2,665
- -
1,230
Total Current Liabilities
34,726
- -
14,082
Payables & Accruals
- -
- -
- -
ST Debt
18,120
- -
8,556
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-40.4%
-79.52%
-189.14%
Free Cash Flow
996.53%
49.49%
-28.77%
Net Income, GAAP
23.54%
116.94%
-37.59%
Sales/Revenue/Turnover
-3.64%
-3.54%
-2.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,264
3,659
3,486
1,766
11,175
2025
1,968
4,526
3,706
1,655
11,854
2026
2,158
3,628
4,454
1,304
11,544

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-6.95
5.85
-7.82
- -
-29.83
2025
-1.98
8.1
-8.35
-16.69
-18.94
2026
-4.15
2.79
-3.48
-6.95
-11.82

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Kellanova (K)
Hawaiian Vintage Chocolate Co. (HWVI)
TopGum Industries Ltd. (TPGM.TA)
Tootsie Roll Industries, Inc. (TR)
Kaset Thai International Sugar Corporation Public Company Limited (KTIS.BK)
Cake Box Holdings plc (CBOX.L)
Business
McLeod Russel India Limited engages in the cultivation, processing, manufacture and sale of bulk black tea as the world's largest tea producer by plantation area. The company operates 53 tea estates primarily in Assam and West Bengal, India, with additional estates in Vietnam, Uganda and Rwanda; it maintains blending units at Nilpur in Assam and Dubai; and produces approximately 73-102 million kilograms of high-quality black tea annually from 27,360-38,758 hectares under cultivation, exporting to Europe, the Middle East, North America, the UK, Ireland, Netherlands, Germany, Poland, Russia, Saudi Arabia, Kazakhstan, Japan, China, Pakistan, Egypt, Sri Lanka, Indonesia, Chile and Australia. Founded in 1869 and headquartered at Four Mangoe Lane, Surendra Mohan Ghosh Sarani, Kolkata, India, it employs over 47,000-90,000 people directly and focuses on orthodox and CTC teas for bulk markets through subsidiaries including Borelli Tea Holdings Limited (UK), McLeod Russel Uganda Limited, Phu Ben Tea Company Limited (Vietnam) and formerly stakes in Rwandan operations. In recent developments, the company secures board approval for a debt settlement with Carbon Resources, which proposes Rs 300 crore equity infusion and Rs 945 crore debt to address over Rs 1,700 crore obligations amid ongoing liquidity challenges and insolvency proceedings; it reports Q2 FY2026 financial results with revenue growth but profit decline and an adverse auditor note on inter-corporate deposits; and continues negotiations post prior divestments including 2018-2019 sales of Rwandan stakes for USD 208 million and 2021 invocation of pledged shares by lenders.