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- KANCOTEA
KANCOTEA
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Forensics
- 5D
- 1M
- 6M
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Summary
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Revenue Mix
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Recent events
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Corporate Actions
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Popular questions
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Business
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Shareholdings
What does Kanco Tea & Inds. do?
Kanco Tea & Industries Limited, formerly Dhanvaridhi Concerns Limited, is a public company incorporated in 1983. It operated as an NBFC registered with RBI and acquired the tea division from Kanco Enterprises Limited.
Who are the competitors of Kanco Tea & Inds.?
Kanco Tea & Inds. major competitors are Tyroon Tea, Indong Tea Co, Retro Green Revolut., Diana Tea, Octavius Plantations, Warren Tea, Norben Tea & Exports. Market Cap of Kanco Tea & Inds. is ₹35 Crs. While the median market cap of its peers are ₹37 Crs.
Is Kanco Tea & Inds. financially stable compared to its competitors?
Kanco Tea & Inds. seems to be less financially stable compared to its competitors. Altman Z score of Kanco Tea & Inds. is 1.25 and is ranked 6 out of its 8 competitors.
Does Kanco Tea & Inds. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kanco Tea & Inds. latest dividend payout ratio is 5.86% and 3yr average dividend payout ratio is 9.67%
How has Kanco Tea & Inds. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Kanco Tea & Inds. balance sheet?
Kanco Tea & Inds. balance sheet is weak and might have solvency issues
Is the profitablity of Kanco Tea & Inds. improving?
The profit is oscillating. The profit of Kanco Tea & Inds. is -₹7.85 Crs for TTM, -₹8.84 Crs for Mar 2024 and ₹8.74 Crs for Mar 2023.
Is the debt of Kanco Tea & Inds. increasing or decreasing?
Yes, The debt of Kanco Tea & Inds. is increasing. Latest debt of Kanco Tea & Inds. is ₹41.69 Crs as of Sep-24. This is greater than Mar-24 when it was ₹19.98 Crs.
Is Kanco Tea & Inds. stock expensive?
Kanco Tea & Inds. is not expensive. Latest PE of Kanco Tea & Inds. is 0.0, while 3 year average PE is 3.26. Also latest EV/EBITDA of Kanco Tea & Inds. is 0.0 while 3yr average is 3.9.
Has the share price of Kanco Tea & Inds. grown faster than its competition?
Kanco Tea & Inds. has given lower returns compared to its competitors. Kanco Tea & Inds. has grown at ~-2.22% over the last 2yrs while peers have grown at a median rate of 12.37%
Is the promoter bullish about Kanco Tea & Inds.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Kanco Tea & Inds. is 70.35% and last quarter promoter holding is 70.35%.
Are mutual funds buying/selling Kanco Tea & Inds.?
The mutual fund holding of Kanco Tea & Inds. is stable. The current mutual fund holding in Kanco Tea & Inds. is 0.31% while previous quarter holding is 0.31%.