Jayshree Tea & Industries financials: balance sheet, profit and loss, cash flow

NSE: JAYSREETEABSE: 509715Agricultural Food & other ProductsSmall Cap

Jayshree Tea & Industries Limited · Face value ₹5 · Listed Dec 1964 on BSE, Feb 1995 on NSE

₹78.70₹1.33 (1.66%)BSE ₹78.95

Share price at the NSE close on 29 Oct 2026. Previous close ₹80.03.

29 Oct: open ₹81.45, high ₹81.45, low ₹77.30

52-week range of traded prices to 29 Oct 2026

₹70.55Low, 30 Mar 2026₹112.70High, 26 Aug 2026

Under NSE's long-term additional surveillance, stage I, on the list for 29 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.

Market cap: ₹227 Cr2,271st largest listed
P/E: Lossover the last 12 months
P/B: 0.57
Dividend yield: Nonein the last 12 months
ROE: −5.4%
ROCE: 0.2%
Debt to equity: 1.03
Volume, NSE: 19,79271.3% delivered

Jayshree Tea & Industries' financial statements for the 10 years to Mar 2026, consolidated: the company and its subsidiaries together, with the twelve months to Jun 2026 after them.

10 years at a glance

₹ crore, years to March.Jayshree Tea & Industries annual reports

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings
Loss

A loss in the year to Mar 2026, −₹25 CrA loss in 4 of the 10 years shown

Operating and net margin, per cent

From Apr 2019 leases sit on the balance sheet: rent is charged as depreciation and interest instead, so operating profit and total assets step up with nothing about the business having changed. Borrowings here leave lease liabilities out. Lease payments were 2.4% of operating profit in the first full year.

The years either side of a change of basis do not compare. From the year to Mar 2025, the company reports a discontinued business.

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue930
Materials and goods−433
Employee costs−269
Other expenses−210
Operating profit18
Depreciation−22
Other income+13
One-off items0.0
Finance costs−33
Profit before tax−24
Tax−1.3
Net profit−25

What the company owns

Plant, investments and other assets₹645 Cr
Inventory₹262 Cr
Receivables₹46 Cr
Cash and bank₹3 Cr

What pays for it: net worth and liabilities

Borrowings₹407 Cr
Net worth₹396 Cr
Owed to suppliers₹78 Cr
Other liabilities₹75 Cr

Jayshree Tea & Industries business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Jayshree Tea & Industries segment results by quarter

Revenue by segment

₹930 CrTotal

TEA₹485 Cr52.2% of total
SUGAR₹289 Cr31.1% of total
P&K Fertilisers (Manufacturer)₹156 Cr16.7% of total

Profit by segment

SUGAR₹10.2 Cr59.8% of total
P&K Fertilisers (Manufacturer)₹6.9 Cr40.2% of total

Segment results by year

Consolidated, ₹ crore, years to March.

TEA
Revenue, ₹ crore
483
414
465
418
472
431
486
485
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
29
−39
72
8
49
77
121
−1
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
SUGAR
Revenue, ₹ crore
174
215
244
148
140
206
256
289
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
6
−4
−25
−36
−8
−12
0
10
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
P&K Fertilisers (Manufacturer)
Revenue, ₹ crore
156
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
7
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	757	717	802	726	813	761	858	930
Company revenue, as in its results	757	717	802	726	813	761	858	930
Revenue	483	414	465	418	472	431	486	485
Revenue growth	–	−14.4%	12.4%	−10.1%	12.9%	−8.8%	–	−0.2%
Profit	29	−39	72	8	49	77	121	−1
Profit growth	–	–	–	−88.5%	496.6%	55.8%	–	–
Margin	6.1%	−9.5%	15.4%	2.0%	10.4%	17.8%	24.9%	−0.3%
Return on capital	–	−17.9%	43.5%	5.9%	34.5%	42.4%	49.6%	−0.5%
Assets	–	367	322	318	329	320	344	341
Liabilities	–	147	158	177	187	139	100	87
Capital employed	–	220	165	141	143	181	244	254
Revenue	174	215	244	148	140	206	256	289
Revenue growth	–	23.8%	13.3%	−39.4%	−5.3%	47.6%	–	12.9%
Profit	6	−4	−25	−36	−8	−12	0	10
Profit growth	–	–	–	–	–	–	–	4,776.2%
Margin	3.5%	−2.0%	−10.4%	−24.1%	−5.5%	−5.8%	0.1%	3.5%
Return on capital	–	−1.7%	−10.8%	−10.6%	−2.9%	−4.1%	0.1%	2.5%
Assets	–	496	387	353	412	475	457	429
Liabilities	–	230	152	18	148	183	116	19
Capital employed	–	266	236	336	264	291	340	411
Revenue	–	–	–	–	–	–	–	156
Profit	–	–	–	–	–	–	–	7
Margin	–	–	–	–	–	–	–	4.4%
Return on capital	–	–	–	–	–	–	–	28.3%
Assets	–	–	–	–	–	–	–	64
Liabilities	–	–	–	–	–	–	–	40
Capital employed	–	–	–	–	–	–	–	24
Revenue	–	–	–	–	–	–	116	–
Profit	–	–	–	–	–	–	6	–
Margin	–	–	–	–	–	–	5.5%	–
Return on capital	–	–	–	–	–	–	19.5%	–
Assets	–	–	–	–	–	–	59	–
Liabilities	–	–	–	–	–	–	27	–
Capital employed	–	–	–	–	–	–	33	–
Revenue	–	–	–	–	–	105	–	–
Profit	–	–	–	–	–	−5	–	–
Margin	–	–	–	–	–	−4.7%	–	–
Return on capital	–	–	–	–	–	−14.7%	–	–
Assets	–	–	–	–	–	65	–	–
Liabilities	–	–	–	–	–	31	–	–
Capital employed	–	–	–	–	–	34	–	–
Revenue	–	–	–	–	–	19	–	–
Profit	–	–	–	–	–	−2	–	–
Margin	–	–	–	–	–	−8.7%	–	–
Return on capital	–	–	–	–	–	−6.7%	–	–
Assets	–	–	–	–	–	26	–	–
Liabilities	–	–	–	–	–	2	–	–
Capital employed	–	–	–	–	–	24	–	–
Revenue	100	88	93	160	201	–	–	–
Revenue growth	–	−11.2%	5.2%	72.2%	25.4%	–	–	–
Profit	11	8	14	20	15	–	–	–
Profit growth	–	−22.8%	65.8%	44.3%	−25.7%	–	–	–
Margin	11.0%	9.6%	15.1%	12.7%	7.5%	–	–	–
Return on capital	–	16.2%	32.1%	58.5%	27.1%	–	–	–
Assets	–	79	66	68	89	–	–	–
Liabilities	–	26	22	34	33	–	–	–
Capital employed	–	52	44	35	56	–	–	–

Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March. The last column is the twelve months to Jun 2026, the latest four quarters added.Jayshree Tea & Industries quarterly results

₹ crore	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 19 May	Mar 2026Filed 19 May	Jun 2026Twelve monthsFiled 13 Aug
Revenue from operations	752	758	757	717	802	726	813	761	858	930	946
	–	745	735	766	741	728	804	810	820	912	922
Materials and goods bought	268	260	299	314	322	288	315	343	347	433	430
Employee costs	–	–	245	253	237	255	277	269	274	269	278
Other expenses	–	–	191	199	181	185	212	198	199	210	214
Operating profit before depreciation	–	12	22	−48	61	−2	9	−49	38	18	24
Operating margin	–	1.6%	2.9%	−6.7%	7.6%	−0.3%	1.1%	−6.5%	4.4%	2.0%	2.6%
Materials, % of revenue	–	–	39.6%	43.8%	40.2%	39.6%	38.8%	45.1%	40.4%	46.6%	45.5%
Employee costs, % of revenue	–	–	32.3%	35.2%	29.6%	35.2%	34.1%	35.3%	31.9%	28.9%	29.4%
Other expenses, % of revenue	–	–	25.2%	27.7%	22.6%	25.5%	26.0%	26.0%	23.2%	22.5%	22.6%
Depreciation and amortisation	20	18	19	25	25	24	23	22	22	22	22
Operating profit after depreciation	–	−6	3	−73	36	−26	−14	−71	15	−4	2
Other income	22	48	42	76	21	33	21	84	62	13	12
Finance costs	–	43	49	59	48	38	37	38	39	33	34
Profit before one-off items and tax	9	0	−4	−56	9	−31	−30	−25	38	−24	−21
One-off items	0	0	0	−15	−6	0	−20	24	40	0	0
Profit before tax	9	0	−4	−71	3	−31	−50	−1	78	−24	−21
	6	−2	0	11	1	−35	2	−14	0	1	1
Current tax	–	–	1	2	0	0	0	0	0	0	0
Deferred tax	–	–	−1	9	1	−35	2	−14	0	1	1
Share of profit of joint ventures and associates	−1	32	0	−20	17	20	5	–	–	–	–
Profit from discontinued businesses	–	–	–	–	–	–	0	–	48	–	–
Net profit	1	34	−4	−102	19	24	−47	13	127	−25	−22
Other comprehensive income	–	–	−8	−6	2	10	−6	11	−2	4	2
Total comprehensive income	–	–	−11	−108	21	33	−53	24	125	−22	−20
Net margin	0.1%	4.5%	−0.5%	−14.2%	2.4%	3.3%	−5.8%	1.7%	–	−2.7%	−2.3%
Net margin without joint ventures and associates	0.2%	0.3%	−0.5%	−11.5%	0.3%	0.6%	−6.4%	–	–	–	–

Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2017: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given. Net margin is left blank for the year to Mar 2025: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 19 May	Mar 2026Filed 19 May
	323	214	241	275	221	291	419	396
Share capital	11	11	11	11	11	14	14	14
Reserves	311	202	230	263	210	276	405	382
	438	446	289	430	312	320	315	407
Repayable after a year	134	131	79	51	53	32	68	39
Repayable within a year	303	316	209	378	259	288	247	368
	758	771	558	564	547	668	466	492
Trade payables	290	272	182	59	104	149	67	78
Other financial liabilities	99	87	55	20	112	114	114	13
Other liabilities	17	47	62	51	44	99	20	15
Provisions	48	50	49	57	28	19	18	18
	180	193	145	109	149	85	106	67
Other financial liabilities	2	7	6	5	7	27	12	13
Other liabilities	5	7	10	10	10	12	19	10
Provisions	38	48	50	41	78	14	6	5
Deferred tax	0	–	–	1	1	–	0	–
	1,260	1,178	945	948	918	1,044	990	956
Held for sale or for a demerger	–	–	21	5	6	6	–	–
	771	667	619	670	534	633	579	580
Plant in use, after depreciation	330	427	430	442	429	467	433	437
Plant being built	104	29	17	8	7	10	17	17
Intangible assets	0	6	6	5	5	3	12	13
Goodwill	13	14	16	16	14	14	14	14
Property held to earn rent	0	0	0	0	0	0	0	–
Investments	285	163	123	130	14	66	22	17
Loans given	5	6	6	1	1	1	1	0
Other financial assets	2	3	0	5	5	5	4	4
Deferred tax	15	5	5	43	42	52	59	57
Other assets	16	13	16	21	16	15	18	21
	490	512	305	273	377	405	411	376
Inventories	307	300	169	149	251	282	286	262
Trade receivables	61	57	56	55	52	52	63	46
Cash and cash equivalents	6	18	7	9	4	5	7	2
Other bank balances	1	11	9	5	5	5	1	1
Current investments	2	24	11	2	0	0	0	0
Loans given	27	6	3	7	2	2	2	2
Other financial assets	49	46	28	21	36	31	37	49
Tax paid in advance	0	–	–	0	0	–	0	–
Other assets	36	49	23	25	28	29	15	14
Net debt	428	394	262	414	303	310	307	404

Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ crore	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 19 May	Mar 2026Filed 19 May
	120	−27	−38	−16	−46	−46
	125	−24	−40	−16	−47	−43
	56	−27	−60	25	−94	−71
Receivables	0	0	2	0	−14	14
Inventories	132	19	−101	−32	−7	23
Payables	−88	−57	53	48	−74	9
Other working capital	12	10	−12	10	0	−117
Tax paid	−5	−3	4	0	1	−3
Capital spending	36	16	8	58	45	0
Free cash flow	84	−43	−46	−74	−91	−46
	102	34	89	33	95	−14
Plant and property sold	27	26	53	59	34	0
Interest received	1	2	1	1	1	0
Dividends received	1	0	0	0	0	0
	−234	−6	−56	−16	−46	54
Borrowings raised	24	73	30	66	75	119
Borrowings repaid	−226	−40	−50	−43	−80	−28
Interest paid	−51	−37	−37	−37	−39	−34
Lease payments	−1	−1	0	−2	−2	−2
Dividends paid	0	0	0	0	0	1
Shares bought back	0	0	0	0	0	0
Shares issued	21	0	0	0	0	0
Net change in cash	−11	2	−5	0	3	−6

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.Jayshree Tea & Industries dividend history

₹ per share	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 19 May	Mar 2026Filed 19 May
Earnings per share	₹0.41	–	−₹1.57	−₹45.07	₹8.41	–	−₹20.80	₹4.50	₹43.81	−₹8.68
Diluted earnings per share	₹0.41	–	−₹1.57	−₹45.07	₹8.41	–	−₹20.80	₹4.50	₹43.81	−₹8.68
Dividend per share	₹0.50	₹0.50	₹0.35	–	–	–	–	–	₹0.50	–
Book value per share	–	–	₹142.39	₹94.24	₹106.50	₹95.13	₹97.72	₹100.67	₹145.12	₹137.16
Dividend payout	155.3%	4.2%	–	–	–	–	–	–	1.1%	–
Shareholder yield	–	–	–	–	−11.0%	0.0%	0.0%	0.0%	0.0%	0.7%
Market cap at the year end (₹ crore)	317	249	188	89	191	266	227	270	259	208

Earnings per share is left blank for the year to Mar 2018: the earnings per share stated does not match any profit the filing states over the shares in issue, and the share count barely moved during the period. Earnings per share is left blank for the year to Mar 2022: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Consolidated, years to March.Jayshree Tea & Industries PE ratio and valuation

Ratio	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025Filed 19 May	Mar 2026Filed 19 May
Revenue growth	1.0%	0.8%	−0.1%	−5.2%	11.8%	−9.5%	12.0%	−6.3%	–	8.4%
Operating profit growth	–	–	81.2%	–	–	–	–	–	–	−51.7%
Net profit growth	–	3,579.6%	–	–	–	23.9%	–	–	–	–
	–	–	−1.1%	−38.1%	8.4%	9.2%	−19.0%	5.1%	35.6%	−6.1%
	–	–	–	−37.0 pts	46.5 pts	0.8 pts	−28.2 pts	24.1 pts	30.6 pts	−41.8 pts
From the net margin	–	–	–	−32.3 pts	44.5 pts	3.1 pts	−25.5 pts	24.6 pts	–	–
From asset turnover	–	–	–	0.7 pts	1.8 pts	0.2 pts	−2.2 pts	−0.6 pts	–	–
From borrowing	–	–	–	−5.4 pts	0.2 pts	−2.5 pts	−0.5 pts	0.1 pts	–	–
Return on capital employed	–	–	0.4%	−11.1%	6.8%	−3.7%	−2.7%	−11.7%	2.1%	−0.5%
Cash conversion	–	–	–	–	631.4%	−115.0%	–	−126.6%	−36.7%	–
Interest cover	–	–	0.1	–	0.7	–	–	–	0.4	–
Debt to equity	–	–	1.36	2.09	1.20	1.56	1.41	1.10	0.75	1.03
Receivable days	–	–	29	29	26	28	23	25	27	18
Inventory days	–	–	374	349	191	189	290	300	301	221
Payable days	–	–	354	317	207	74	121	158	71	65
Cash conversion cycle, days	–	–	50	62	10	143	193	167	257	174
Working capital days	–	–	12	2	−32	36	36	7	78	98
Asset turnover	–	–	0.60	0.59	0.76	0.77	0.87	0.78	0.84	0.96
Assets per rupee of net worth	–	–	3.91	4.55	4.67	3.67	3.76	3.83	2.87	2.39
Sales per rupee of plant	–	–	2.30	1.68	1.87	1.64	1.89	1.63	1.98	2.13
Capital spending to depreciation	–	–	–	–	1.44	0.69	0.35	2.63	1.99	0.00
Plant being built, % of plant in use	–	–	31.4%	6.9%	4.0%	1.7%	1.7%	2.1%	4.0%	3.9%

Interest cover is left blank for the years to Mar 2018, Mar 2020, Mar 2022, Mar 2023, Mar 2024 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. From the net margin, from asset turnover and from borrowing are left blank for the years to Mar 2025 and Mar 2026: the profit of this year or the year before includes a business the company has discontinued while its revenue does not, so the change in return on equity is not split into margin, turnover and borrowing. Revenue growth, net profit growth and earnings per share growth are left blank for the year to Mar 2025: between the two periods the company began reporting a business as discontinued, so the two are on different bases and the change is not worked out. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year: −2.6%
Cash from operations against operating profit: −250.1%

Measure	10 years	5 years	3 years
Return on equity, average	–	4.9%	11.5%
Return on capital employed, average	–	−3.3%	−3.3%
Operating margin, average	0.7%	0.1%	0.0%
Net margin, average	−1.2%	−0.9%	−0.5%
Asset turnover, average	–	0.84	0.86
Cash conversion cycle, days, average	–	186	199
Debt to equity, average	–	1.17	0.96

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	−174	−109	−46
Cash from investing	238	114	−14
Cash from financing	−69	−8	54
Capital spending	127	102	0
Dividends paid	1	1	1
Shares bought back	0	0	0
Shares issued for cash	0	0	0
Borrowings raised	363	260	119
Borrowings repaid	241	151	28

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9	–	–	–	–	8	6	5	3	5	3
Altman Z-scorePublished threshold 1.81	–	–	0.90	0.59	1.17	1.05	1.09	1.13	2.04	1.64
Beneish M-scorePublished threshold −1.78	–	–	–	–	−2.86	−2.35	−2.57	−2.30	−1.58	−2.57
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	–	–	–	−19.14	1.73	−10.51	−0.33	7.64	3.54
Cash from operations to profit, 3 yearsPublished threshold 0.7 times	–	–	–	–	–	–	–	–	−1.09	−0.95
Receivables growth less revenue growthOur threshold 0 percentage points	–	–	–	−0.49	−13.42	7.00	−17.48	5.48	9.40	−35.00
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	–	–	–	−7.07	−46.53	−0.77	58.35	3.69	0.26	−33.11
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	–	–	–	1.39	−5.60	−0.60	2.22	−0.56	−0.81	1.08
Assets under construction, years of additionsOur threshold 2 years of additions	–	–	–	0.24	0.61	0.21	0.71	0.16	–	0.64
Effective tax ratePublished threshold 17.16 per cent	61.14	−2,700.00	–	–	22.02	–	–	–	−0.22	–
Tax charged less tax paid, % of profitOur threshold 10 percentage points	–	–	–	–	–	–	–	–	−1.32	–

A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

Date	Agency	Borrowing rated	Rating	Outlook	Amount, ₹ Cr
8 Dec 2025	CARE Ratings Limited	Non-fund-based - LT/ ST-BG/LC	CARE BBB- / CARE A3Review, Re-affirm	Stable	40
8 Dec 2025	CARE Ratings Limited	Fund-based - LT/ ST-Working Capital Demand loan	CARE BBB- / CARE A3Review, Re-affirm	Stable	42
8 Dec 2025	CARE Ratings Limited	Term Loan-Long Term	CARE BBB-Review, Re-affirm	Stable	56.25
8 Dec 2025	CARE Ratings Limited	Fund-based - LT-Cash Credit	CARE BBB-Review, Re-affirm	Stable	238
8 Dec 2025	CARE Ratings Limited	Fund-based - ST - Bank Overdraft	WithdrawnReview, Other
18 Nov 2025	Brickwork Ratings India Private Limited	Bank Loan Ratings	BWR BB/BWR A4Review, Re-affirm	Stable	287

The latest rating on each borrowing. The agency's name opens its reasoning for the rating.