---
title: "Ledo Tea Company Ltd (508306) — Share Price, Financials & Analysis"
symbol: "508306"
company: "Ledo Tea Company Ltd"
canonical: "https://tapetide.com/stocks/508306"
isin: "INE643B01017"
bse_code: "508306"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T18:26:40.840Z"
---

# Ledo Tea Company Ltd (508306)

Canonical page: https://tapetide.com/stocks/508306

## Company

- **BSE Code:** 508306
- **ISIN:** INE643B01017
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Ledo Tea Company is engaged in the business of manufacturing of tea and having its tea estate in Tinsukia district of Assam. The estate has a processing factory capable of producing CTC tea with installed capacity of 1,100 tones.(Source : 202103 Annual Report Page No:42)

## Latest Price

- **Price:** ₹32.4
- **Change:** 0 (0%)
- **Open:** ₹32.4
- **Day High:** ₹32.4
- **Day Low:** ₹32.4
- **Previous Close:** ₹32.4
- **Volume:** 0
- **As Of:** 2022-01-27T04:28:00+00:00

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.37% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -40% | 28% | 3% |
| revenue growth | -4% | 10% | 0% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.1 | 0.97 | 2.01 | 2.52 | 2.24 | 1.32 | 1.08 | 6.12 | 4.37 | 0.78 | 1.3 | 3.91 |
| Expenses | 4.35 | 2.45 | 2.63 | 1.7 | 3.56 | 3.99 | 0.64 | 4.02 | 4.17 | 2.45 | 2.04 | 3.7 |
| Operating Profit | -1.25 | -1.48 | -0.62 | 0.82 | -1.32 | -2.67 | 0.44 | 2.1 | 0.2 | -1.67 | -0.74 | 0.21 |
| OPM % | -40.32 | -152.58 | -30.85 | 32.54 | -58.93 | -202.27 | 40.74 | 34.31 | 4.58 | -214.1 | -56.92 | 5.37 |
| Other Income | 0.01 | 0.06 | 0.01 | 0.01 | 0.01 | 0.04 | 0.01 | 0.01 | 0.02 | 0.14 | 0.01 | 0.01 |
| Interest | 0.13 | 0.04 | 0.2 | 0.21 | 0.21 | 0.28 | 0.28 | 0.25 | 0.22 | 0.26 | 0.29 | 0.29 |
| Depreciation | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.09 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.07 |
| Profit before tax | -1.44 | -1.53 | -0.88 | 0.55 | -1.59 | -3 | 0.1 | 1.79 | -0.07 | -1.85 | -1.09 | -0.14 |
| Tax % | 0 | -29.41 | 0 | 0 | 0 | -20.67 | 0 | 0 | 0 | -12.97 | 0 | 0 |
| Net Profit | -1.44 | -1.08 | -0.88 | 0.55 | -1.59 | -2.38 | 0.1 | 1.79 | -0.07 | -1.61 | -1.09 | -0.14 |
| EPS in Rs | -16.68 | -12.51 | -10.19 | 6.37 | -18.41 | -27.56 | 1.16 | 20.73 | -0.81 | -18.65 | -12.62 | -1.62 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.44 | 10.74 | 9.76 | 12.57 | 12.2 | 9.31 | 9.55 | 8.09 | 12.34 | 10.36 |
| Expenses | 10.96 | 10.59 | 11.09 | 12.03 | 12.92 | 10.66 | 11.57 | 11.9 | 11.26 | 12.36 |
| Operating Profit | 0.48 | 0.15 | -1.33 | 0.54 | -0.72 | -1.35 | -2.02 | -3.81 | 1.08 | -2 |
| OPM % | 4.2 | 1.4 | -13.63 | 4.3 | -5.9 | -14.5 | -21.15 | -47.1 | 8.75 | -19.31 |
| Other Income | 0.15 | 0.2 | 1.96 | -0.67 | 0.34 | 1.25 | -0.01 | 0.07 | 0.17 | 0.18 |
| Interest | 0.32 | 0.36 | 0.24 | 0.37 | 0.7 | 0.72 | 0.51 | 0.89 | 1.01 | 1.06 |
| Depreciation | 0.29 | 0.31 | 0.36 | 0.25 | 0.26 | 0.27 | 0.27 | 0.29 | 0.27 | 0.27 |
| Profit before tax | 0.02 | -0.32 | 0.03 | -0.75 | -1.34 | -1.09 | -2.81 | -4.92 | -0.03 | -3.15 |
| Tax % | 50 | 15.62 | -1033.33 | -17.33 | -15.67 | -27.52 | -16.01 | -12.6 | -800 | — |
| Net Profit | 0.01 | -0.37 | 0.34 | -0.63 | -1.14 | -0.79 | -2.36 | -4.3 | 0.21 | -2.91 |
| EPS in Rs | 0.12 | -4.28 | 3.94 | -7.3 | -13.2 | -9.15 | -27.33 | -49.8 | 2.43 | -33.7 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 | 0.86 |
| Reserves | 2.29 | 2.3 | 1.93 | 2.22 | 1.6 | 0.06 | -0.78 | -3.14 | -7.44 | -7.23 |
| Borrowings | 2.42 | 2.54 | 3.23 | 2.65 | 3.23 | 5.48 | 6.58 | 9.53 | 12.88 | 14.01 |
| Other Liabilities | 2.57 | 2.68 | 2.07 | 2.55 | 4.42 | 4.19 | 4.34 | 4.45 | 6.51 | 6.24 |
| Total Liabilities | 8.14 | 8.38 | 8.09 | 8.28 | 10.11 | 10.59 | 11 | 11.7 | 12.81 | 13.88 |
| Fixed Assets | 5.38 | 5.68 | 5.75 | 5.86 | 6.65 | 6.93 | 7.39 | 7.62 | 7.97 | 8.26 |
| CWIP | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Other Assets | 2.75 | 2.69 | 2.33 | 2.41 | 3.43 | 3.65 | 3.6 | 4.07 | 4.83 | 5.61 |
| Total Assets | 8.14 | 8.38 | 8.09 | 8.28 | 10.11 | 10.59 | 11 | 11.7 | 12.81 | 13.88 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.51 | 0.71 | 0.02 | -0.53 | 0.84 | -0.79 | -0.59 | -2.27 | -1.28 | 1.54 |
| Cash from Investing Activity | -0.59 | -0.53 | -0.31 | 1.34 | -1.05 | -0.76 | 0.49 | -0.44 | -0.62 | -0.54 |
| Cash from Financing Activity | -0.1 | -0.2 | 0.33 | -0.82 | 0.21 | 1.56 | 0.38 | 2.41 | 2.48 | -0.46 |
| Net Cash Flow | -0.18 | -0.02 | 0.04 | -0.02 | 0 | 0 | 0.28 | -0.31 | 0.58 | 0.55 |
| Free Cash Flow | -0.19 | 0.12 | -0.34 | 0.79 | -0.21 | -1.57 | -0.13 | -2.87 | -1.93 | 0.98 |
| CFO/OP | -137 | 148 | 27 | 43 | 156 | 110 | 44 | 112 | 33 | 144 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 3.31 | 2.23 | 2.38 | 3.37 | 5.23 | 15.56 | 2.35 | 5.73 | 7.22 | 0.89 |
| Inventory Days | 1112.38 | 198.95 | 169.46 | 188.03 | 387.66 | 147.18 | 276.13 | 210.09 | 217.03 | 154.78 |
| Days Payable | 799.52 | 147.25 | 109.87 | 201.3 | 438 | 197.22 | 457.04 | 322.56 | 545.86 | 390.41 |
| Cash Conversion Cycle | 316.16 | 53.93 | 61.97 | -9.91 | -45.12 | -34.48 | -178.56 | -106.74 | -321.61 | -234.75 |
| Working Capital Days | -15.11 | -17.55 | -10.88 | -37.4 | -57.49 | 4.49 | -19.99 | -7.64 | -199.42 | -123.34 |
| ROCE % | -7.9 | 6.03 | 0.68 | -26.72 | 7.53 | -10.75 | -24.04 | -31.63 | -59.48 | 14.06 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 68.18% | 68.18% | 68.18% | 68.18% | 68.18% | 68.23% |
| Public | 31.82% | 31.82% | 31.82% | 31.82% | 31.82% | 31.77% |
| No. of Shareholders | 2633 | 2229 | 2165 | 2156 | 2093 | 2125 |

### Quarterly

| Category | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 68.18% | 68.18% | 68.18% | 68.18% | 68.18% | 68.18% | 68.18% | 68.18% | 68.18% | 68.18% | 68.18% | 68.23% |
| Public | 31.82% | 31.82% | 31.82% | 31.82% | 31.82% | 31.82% | 31.82% | 31.82% | 31.82% | 31.82% | 31.82% | 31.77% |
| No. of Shareholders | 2165 | 2170 | 2165 | 2156 | 2156 | 2156 | 2155 | 2133 | 2093 | 2068 | 2089 | 2125 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 487.1 | Sell |
| EMA (10) | 486.49 | Sell |
| SMA (20) | 504.61 | Sell |
| EMA (20) | 495.54 | Sell |
| SMA (50) | 508.95 | Sell |
| EMA (50) | 512.63 | Sell |
| SMA (100) | 537.63 | Sell |
| EMA (100) | 546.86 | Sell |
| SMA (200) | 627.79 | Sell |
| EMA (200) | 605.63 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.43 | Neutral |
| MACD (12,26,9) | -10.15 | Sell |
| Stochastic (14,3,3) | 23.22 | Neutral |
| ADX (14) | 14.62 | Neutral |
| Williams %R (14) | -80.64 | Buy |
| ATR (14) | 21.09 | High Volatility |
| ROC (12) | -7.08 | Sell |
| Stoch RSI (14) | 22.39 | Neutral |
| UO (7,14,28) | 47.07 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 3 Feb 2022 - Subject: Procedure for tendering equity shares by remaining public shareholders pursuant to Delisting of Equity Shares from BSE Ltd. Please find enclosed a copy of … | [Corporate Action-Updates on Delisting 3 Feb 2022 - Subject: Procedure for tendering equity shares by remaining public shareholders pursuant to Delisting of Equity Shares from BSE Ltd. Please find enclosed a copy of …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3db8f52-2cb3-4c3a-be05-729a6c37abe4.pdf) |
| 3 Feb 2022 - Procedure for tendering equity shares by remaining public shareholders pursuant to Delisting of Equity Shares from BSE Ltd. Please find enclosed a copy of the … | [Corporate Action-Updates on Delisting 3 Feb 2022 - Procedure for tendering equity shares by remaining public shareholders pursuant to Delisting of Equity Shares from BSE Ltd. Please find enclosed a copy of the …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3db8f52-2cb3-4c3a-be05-729a6c37abe4.pdf) |
| 3 Feb 2022 - Please find attached the newspaper advertisements published with regard to the delisting of equity shares from BSE Limited. | [Corporate Action-Updates on Delisting 3 Feb 2022 - Please find attached the newspaper advertisements published with regard to the delisting of equity shares from BSE Limited.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66eb3ea3-4d80-4127-8b5a-631814c255dd.pdf) |
| 3 Feb 2022 - Newspaper advertisements published with regard to the delisting of equity shares from BSE Limited. | [Corporate Action-Updates on Delisting 3 Feb 2022 - Newspaper advertisements published with regard to the delisting of equity shares from BSE Limited.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66eb3ea3-4d80-4127-8b5a-631814c255dd.pdf) |
| 23 Feb - M/s. Panchal S K & Associates appointed statutory auditors effective 23-02-2026, until FY2025-26 AGM conclusion. | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 23 Feb - M/s. Panchal S K & Associates appointed statutory auditors effective 23-02-2026, until FY2025-26 AGM conclusion.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3b91a3e-e79a-4542-8c84-6465509f086e.pdf) |
| 23 Feb - EGM held Feb 23, 2026; remote e‑voting Feb 20–22; 17 members present; results to be declared. | [Proceedings Of Extra Ordinary General Meeting 23 Feb - EGM held Feb 23, 2026; remote e‑voting Feb 20–22; 17 members present; results to be declared.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2d5490b5-31d8-4784-b0ab-80151a8e59ed.pdf) |
| 23 Feb - EGM held Feb 23, 2026; proceedings/gist provided; 17 members attended; voting results to be filed. | [Revised Proceedings Of Extra Ordinary General Meeting 23 Feb - EGM held Feb 23, 2026; proceedings/gist provided; 17 members attended; voting results to be filed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/598e1548-d697-4795-af08-eb2d26e535ce.pdf) |
| 2 Jan - Doshi Doshi resigned; Panchal S K & Associates appointed auditor effective 02-01-2026 until 2026 AGM. | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 2 Jan - Doshi Doshi resigned; Panchal S K & Associates appointed auditor effective 02-01-2026 until 2026 AGM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ff5e001-40de-46a7-bf8f-cc58d9c7faf7.pdf) |
| 2 Jan - Audit committee noted resignation of M/s. Doshi Doshi & Co (resignation letter dated 15-Dec-2025); found no unresolved issues. | [Audit Committee''s Views On The Resignation Of Statutory Auditor Of The Company. 2 Jan - Audit committee noted resignation of M/s. Doshi Doshi & Co (resignation letter dated 15-Dec-2025); found no unresolved issues.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/996d05a4-acd7-43a6-895b-9b21fc6fb488.pdf) |
| 15 Jan - Certificate under 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December 31, 2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Jan - Certificate under 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a298656-c280-4f65-b120-1e12c27aeba0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f1a74fe-4717-4bdf-9351-ea07978bc88c.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/69453508306.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/66203508306_14_10_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/5083060319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/5083060318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/5083060317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/5083060316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/5083060315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/5083060314.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/508306/5083060312.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:26:40.840Z.