Business Standard

Bengal Tea & Fabrics Share Price

Know More
NSEBSE
Stock not traded

140.001.80 (1.30%)

03:11 PM,15th Apr 2024

BSE : 532230

NSE : BENGALTEA

Sector : Agri and agri inputs

ISIN Code : INE665D01016

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Apr 15 2024 | 03:11 PM 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

67.50

All Time High Date

17 May 1995

All Time Low

10.43

All Time Low Date

19 May 1997

Bengal Tea & Fabrics Ltd

Bengal Tea & Fabrics Ltd (BTFL) promoted by B D Kanoria was incorporated in Jul. '83 is manufacture and sale of Black Tea Cloth and Yarn. At present the Company has interest in the business of Tea Textiles & Real Estate.BTFL made public offer of 1.2 lac equity shares in May 1984. Bengal Tea Industries was amalgamated with BTFL with effect from Apr. 1985.The tea division of the company for its Black Tea production get the Green tea leaves from it's own plantations. In the beginning the company had only three tea estates namely Pallorbund Tea Estates Dooloogram Tea Estate and the Poloi Tea Estate all in Assam. But later in 1970 the Ananda Assam Tea Co. Ltd having five tea estates was amalgamated with the company In the year 2000 the company has sold the Pallorbund and Dooloogram Tea Estates thus leaving the company with only Ananda Tea Estate It markets its tea under the brand name Classic Gold and Pallorbund. BTFL's Textile division come into existence by way of erstwhile Bengal Tea's diversification into textiles by taking over of the Ahmedabad based Asarwa Mills in 1976 thus making it it's subsidiary In 1977 the Asarwa Mills was amalgamated with the erstwhile Bengal Tea and accordingly Bengal Tea changed its name to Bengal Tea & Industries Ltd in the same year. And again in 1987 the Bengal Tea & Industries was amalgamated with this company. Apart from the Asarwa Mills a composite mill located at Ahmedabad the company had an Industrial Yarn unit and an spinning unit(Asarwa Overseas) at GIDC Estate and Walthera Village at Dholka(Near Ahmedabad) respectively. Presently (as on 2000-01) the company has an installed capacity of 98 looms and 50184 spindles to produce cloth and yarn respectively.The Asarwa overseas spinning unit(set up under EPCG scheme) having the capacity of 18144 spindles to manufacture cotton/blended yarn for export has commenced commercial production in November 1994 with 13104 spindles the rest were installed in January 1995. The company has also plans to increase the capacity of Asarwa Overseas from 18144 spindles to 24192 spindles to enable the textile division to successfully execute the growing export enquiries for its products. Later it expanded the installed capacity of this unit by 6048 spindles in 1996. Further it proposes to modernise the other two units at Ahmedabad and Dholka and has also increased the installed capacity by 1728 spindles at it other two textile units in 1996. During the year 1998-99 the Textile division of the Company replaced 1008 spindles with balancing preparatory machinery and added autoconers and a D.G. Set. Implementation of modernisation project with financial assistance from IDBI and IFCI at Asarwa Mills Ahmedabad is progressing smoothly in accordance with the schedule. 12624 spindles have been replaced with balancing preparatory machines with autoconers and generation of power by installation of 4.1 MW Power Plant is expected to commence from August 1999. To become self reliant and ensure uninterupted power supply the division has set up 1 No. 4.1 MW F.O. base captive power generation plant in August' 1999.During the year 2007 the Textile Division started commercial production on Jan'29 2007. In 2014-15 the said Division installed 4800 spindles with auto doffing system by replacing old spindles. It also installed quality control equipment AFIS PRO2 with latest technology which is used to test jey parameters of processes of spinning process. Back Process machines like speed frames draw frames combers cards and auto conner machines were installed in the Spinning Department by replacing old machines.In 2016-17 the Textile Division installed 1400 Kgs/hour Jet Dyeing Machine in Fabric Process Department replacing old model of 200 Kgs/hour Jet Dyeing Machine.In 2017-18 Rydak Enterprises & Investment Limited Samrat Industrial Resources Limited and Eskay Udyog Limited Promoter Group Companies got amalgamated into Rydak Enterprises & Investment Limited as per the Scheme of Amalgamation resulting in current holding of 5060870 equity shares which is 56.19% of the total Share Capital of the Company. As a result the Company became a subsidiary of Rydak Enterprises & Investment Limited.

Bengal Tea & Fabrics Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

126

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

1.09

Face Value (₹) 10
Latest Dividend (%)10.00
Latest Dividend Date 28 Jul 2023
Dividend Yield (%) 0.72
Book Value Share (₹) [S]128.68
P/B Ratio (₹) [S]1.09
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

135.00

141.80

Week Low/High

128.60

141.80

Month Low/High

120.00

141.80

Year Low/High

71.51

141.80

All time Low/High

0.92

141.80

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week6.50%%-1.78-1.60%
1 Month11.87%%1.061.28%
3 Month38.53%%0.110.94%
6 Month73.20%%10.7512.93%
1 Year82.05%%21.4825.11%
3 Year251.76%%50.4252.97%

Company Info

Company Information

Chairman & Managing Director : Adarsh Kanoria

Non-Exec. & Independent Dir. : Dhirendra Kumar

Non Executive Director : Samveg A Lalbhai

Non-Exec. & Independent Dir. : Ashutosh Bhagat

Non-Exec. & Independent Dir. : Navin Nayar

Non Executive Director : Shubha Kanoria

Company Sec. & Compli. Officer : Sunita Shah

Registered Office: 45 Shakespeare Sarani, 4th Floor Century Towers,Kolkata,West Bengal-700017 Ph: 91-33-22836416/17

Email:investor@bengaltea.com; mail@bangaltea.com

URL:http://www.bengaltea.com