Goodricke Group, the third largest tea-producing group in India, manages century-old tea gardens acrosss the tea-growing regions of Darjeeling, Dooars and Assam. The group owns nearly 10,000 hectares of plantations spread over 30 tea gardens.

Goodricke Group Ltd is a part of the UK-based Camellia that owns tea gardens in Kenya, Malawi, Bangladesh and Nepal.


registered office is in kolkata so basant ji might not like it.

EPS is rising for past 4 years consistently

cmp 72, mcap 160 crores, p/e = 14, eps = 5.33, past year pe range 20- 55, bv = 31

Groups: Tea

Company        Last Price        Market Cap
Tata Tea        666.00           3,931.40
Parry Agro Ind   1,400.00        526.40
Tata Coffee      274.00           511.83
Assam Company    20.10            449.44
Bombay Burmah    312.00           435.55
   
2003 eps = -3.8
2004 eps = 1.49
2005 eps = 1.74
2006 eps = 2.28 (expected)

2003 PAT = -82 crores
2004 PAT = 32 crores
2005 PAT = 37.6 crores
2006 PAT = 50 crores approx (expected)

board will announce a dividend on 28 feb 2007.

P A Leggatt Chairman
K S David Managing Director & CEO
B N Ghosh Managing Director
A K Mathur Director
S Kaul Director
K Sinha Director
D P Chakravarti Company Secretary
P K Sen Director
Kalyanbrata Palchoudhuri Non Executive Director
A N Singh Managing Director
M C Perkins Director


tea and coffee demand are increasing,

experts please comment...

the PE range for 2005 was 32.79 - 55.75
the PE range for 2004 was 19.13 - 44.97

so currently its 13.88 and financially company looks good. i agree with you that it has a cyclical nature of business. but if tea cycle comes and PE rerating happens it could grow 2-3 times.

of course the thing is when will the tide come??

i agree... thanks a lot for your valuable inputs...

Originally posted by s_praharaj Goodricke group is a very old tea compnay. Qualitatively, it has the best tea gardens in Darjeeling. There are two gardens of Goodricke in Darjeeling, the tea of which fetches the highest amount in the auctions in Germany. But please see the price of the stock in last 20 years. It has not appreciated at all.   You can not predict the cyclical stocks and Basant is 100% correct on it.   Rest is your decission.