Goodricke Group Ltd

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NSEBSE
Stock not tradded

189.90-1.75 (-0.91%)

12:00 AM,8th Dec 2023

BSE : 500166

NSE : GOODRICKE

Sector : Agri and agri inputs

ISIN Code : INE300A01016

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Last Updated: Dec 08 2023 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

153.00

All Time High Date

22 Mar 1999

All Time Low

24.10

All Time Low Date

04 Jan 2002

Goodricke Group Ltd

Goodricke Group Ltd.(GGL) a part of UK based Duncan Lawrie Group was incorporated in 1977 to takeover the Indian business and assets of eight Sterling Tea companies comprising seventeen tea estates. The Duncan Lawrie Group have a controlling stake in GGL through its group companies Assam-Dooars Investment which hold 48.10% of stake in GGL and Western-Dooars Investment which holds 25.90% stake in GGL.The company is engaged in the manufacture and cultivation of tea. The Company operates within 18 tea estates spread across West Bengal and Assam and sells bulk tea both in domestic and international markets. It produces Instant Tea at its plant located in Dooars West Bengal primarily for the international market and has got a strong presence in Packet Tea domestic market through its various Brands. The company has taken acquisition route to expand its plantation area especialy in Darjeeling District of West Bengal in 1984. Under this acquisition policy it had already acquired Castleton Tea Estate and Margarets'Hope Tea Estate through its subsidiary 'Tiru Tea'.The UK-based Lawrie group together with GGL has acquired a 45% stake in the Soaltee group of Nepal which produces two lac kg pa of tea. It also has received an offer from Himalaya Tea Garden and Farming Pvt Ltd Nepal to participate in its equity as a joint venture partner to assist in its expansion and modernisation schemes. It plans extension planting in Darjeeling.During 1999-2000 the exports were affected to the introduction of Certification Trade Mark (CTM). Also instant tea had another difficult year due to lower shipments to US and other markets. The packet tea operation was also unfavourable with lower take-off due to gult in the market and severe price competition. In 2001-02 the company introduced 'Goodricke Gold' in the market and the initial response was encouraging.During the year 2009 the tea factories at Kumargram Leesh River Chulsa and Sankos were upgraded. A new brand named Goodricke Khaass was launched during the year 2013 at Kolkata. A new central packaging unit along with storage facility was inaugurated in Dewas Madhya Pradesh. Conversion of three Darjeeling gardens Barnesbeg Badamtam and Thurbo into organic was completed. A new Bought leaf factory of 1 million kg capacity was commissioned during the year 2018 at Danguajhar Tea Garden. The Company acquired the tea business of cigarette major Godfrey Phillips in October 2017. In 2019 a new dedicated Bought Leaf factory (Jogopur) was opened at Danguajhar factory site adding 2 Mn kgs. to the production. The Company acquired Harchurah Tea Estate in Assam from McLeod Russel India Limited. In 2019-20 it launched The Tea Room Kolkata and Queen's Deck' Mumbai making it a strong chain with presencein two of the major Metro Cities in India. Tea By The Lake was launched in 2020. The Company opened a Tea Outlet in Gangtok in 2022.

Goodricke Group Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

410

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

1.21

Face Value (₹) 10
Latest Dividend (%)30.00
Latest Dividend Date 19 Jul 2022
Dividend Yield (%) -
Book Value Share (₹) [S]157.45
P/B Ratio (₹) [S]1.21
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
SBI Equity Hybrid Fund (G) 0.29 17012 0.04
SBI Equity Hybrid Fund - Direct (G) 0.29 17012 0.04

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

189.00

193.75

Week Low/High

187.00

197.00

Month Low/High

185.70

203.00

Year Low/High

161.15

220.00

All time Low/High

20.50

545.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week0.98%%3.473.46%
1 Month-3.33%%7.467.85%
3 Month-5.83%%4.845.80%
6 Month9.33%%11.1012.53%
1 Year-11.88%%11.5912.68%
3 Year-31.57%%53.1056.57%

Company Info

Company Information

Chairman (Non-Executive) : P J Field

Non Executive Director : S A Walker

Managing Director & CEO : Atul Asthana

Independent Director : Saurav Adhikari

Independent Director : R Venkatraman

Independent Director : Rupali Basu.

Director (Finance) & CFO : SOUMEN MUKHERJEE

Company Sec. & Compli. Officer : Arnab Chakraborty.

Additional Director : Stephen Charles Buckland

Registered Office: Camellia House, 14 Gurusaday Road,Kolkata,West Bengal-700019 Ph: 91-033-2287 3067/8737

Email:investor@goodricke.com

URL:http://www.goodricke.com