GILLANDERS
Gillanders Arbuthnot & Company financials
- Market cap
- ₹217 Cr
- Sector
- Fast Moving Consumer Goods
What Gillanders Arbuthnot & Company Limited does
Gillanders Arbuthnot operates through four divisions: Textile, which manufactures synthetic yarn; Tea, which grows and processes tea across six factories certified under ISO 22000:2018 and Trustea standards, exports tea, and is exploring coffee and rice; Engineering (MICCO), a turnkey/EPC project-execution business for steel and infrastructure clients backed by its own manufacturing facility; and Property, which leases commercial real estate. Through its step-down Malawian subsidiary, Naming'omba Tea Estates Limited (NTEL), the company also grows and processes tea and macadamia.
Segments
- Tea Division
- Engineering (MICCO) Division
- Textile Division
- Property Division
- Business divisions
- 4 (Textile, Tea, Engineering/MICCO, Property)
- Tea factories
- 6 (ISO 22000:2018 & Trustea certified)
- Textile (synthetic yarn) production
- 3,790 MT (FY26)
- Engineering (MICCO) manufacturing facility capacity
- 300 MT/month
- NTEL (Malawi subsidiary) tea production
- 1.71 million kg (FY26)
- NTEL (Malawi subsidiary) macadamia production
- 2.15 million kg (FY26)
Quarterly results
Q1 FY27: revenue up 4.0%, net profit up 186.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 121 | 124 | 87 | 78 | 123 +1% | 104 −16% | 92 +5% | 81 +4% |
| EBITDA | 27 | 10 | -13 | -1 | 22 −19% | 11 +20% | -12 +11% | 7 +818% |
| Net profit | 23 | 15 | -16 | -4 | 17 −25% | 6 −61% | -14 +9% | 4 +187% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −14.7% 1Y
1Y: ₹121.43 on 10 Sept 2025 → ₹103.58. High ₹126.9 (10 Oct 2025), low ₹76.69 (23 Mar 2026).
Financials, as filed
Revenue fell 3.6% a year over 3 years, FY23 to FY26. Operating margin widened to 5.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹443 Cr | ₹330 Cr | ₹413 Cr | ₹396 Cr |
| Operating profit | ₹8 Cr | ₹-0 Cr | ₹20 Cr | ₹20 Cr |
| Operating margin | 1.9% | -0.1% | 4.9% | 5.2% |
| Interest | ₹16 Cr | ₹10 Cr | ₹8 Cr | ₹8 Cr |
| Depreciation | ₹11 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Net profit | ₹6 Cr | ₹-17 Cr | ₹15 Cr | ₹5 Cr |
| Net margin | 1.3% | -5.0% | 3.6% | 1.2% |
| Cash from operations | ₹50 Cr | ₹30 Cr | ₹7 Cr | ₹18 Cr |
| Free cash flow | ₹43 Cr | ₹26 Cr | ₹1 Cr | ₹11 Cr |
| ROCE | 6.0% | -2.0% | 4.0% | 4.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹21 Cr | ₹21 Cr | ₹21 Cr | ₹21 Cr | ₹21 Cr | ₹21 Cr |
| Reserves | ₹215 Cr | ₹230 Cr | ₹249 Cr | ₹231 Cr | ₹234 Cr | ₹252 Cr |
| Borrowings | ₹170 Cr | ₹130 Cr | ₹86 Cr | ₹76 Cr | ₹147 Cr | ₹87 Cr |
| Other liabilities | ₹131 Cr | ₹135 Cr | ₹122 Cr | ₹122 Cr | ₹128 Cr | ₹137 Cr |
| Total liabilities | ₹538 Cr | ₹517 Cr | ₹478 Cr | ₹450 Cr | ₹530 Cr | ₹498 Cr |
| Fixed assets | ₹234 Cr | ₹232 Cr | ₹231 Cr | ₹224 Cr | ₹253 Cr | ₹211 Cr |
| Capital work in progress | ₹6 Cr | ₹4 Cr | ₹3 Cr | ₹3 Cr | ₹16 Cr | ₹13 Cr |
| Investments | ₹44 Cr | ₹39 Cr | ₹40 Cr | ₹47 Cr | ₹0 Cr | ₹54 Cr |
| Other assets | ₹255 Cr | ₹242 Cr | ₹204 Cr | ₹176 Cr | ₹260 Cr | ₹220 Cr |
| Total assets | ₹538 Cr | ₹517 Cr | ₹478 Cr | ₹450 Cr | ₹530 Cr | ₹498 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 7% to 9,733.
- Promoters
- 69.0%
- DIIs
- 0.3%
- Government
- 0.0%
- Public
- 30.6%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 69.1%, FIIs 0.0%, DIIs 0.3%, Government 0.0%, Public 30.6%.Dec '23: Promoters 69.1%, FIIs 0.1%, DIIs 0.3%, Government 0.0%, Public 30.5%.Mar '24: Promoters 69.1%, DIIs 0.3%, Government 0.0%, Public 30.6%.Jun '24: Promoters 69.1%, DIIs 0.3%, Government 0.0%, Public 30.6%.Sep '24: Promoters 69.1%, DIIs 0.3%, Government 0.0%, Public 30.6%.Dec '24: Promoters 69.1%, DIIs 0.3%, Government 0.0%, Public 30.6%.Mar '25: Promoters 69.2%, DIIs 0.3%, Government 0.0%, Public 30.4%.Jun '25: Promoters 69.0%, DIIs 0.3%, Government 0.0%, Public 30.6%.Sep '25: Promoters 69.0%, DIIs 0.3%, Government 0.0%, Public 30.6%.Dec '25: Promoters 69.0%, DIIs 0.3%, Government 0.0%, Public 30.6%.Mar '26: Promoters 69.0%, DIIs 0.3%, Government 0.0%, Public 30.6%.Jun '26: Promoters 69.0%, DIIs 0.3%, Government 0.0%, Public 30.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Gillanders Arbuthnot & Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Kothari Investment And Industries Private Limited | 34.32% | unchanged |
| Kothari Phytochemicals & Industries Limited | 25.98% | unchanged |
| M D Kothari And Company Limited | 7.13% | unchanged |
| Anil Kumar Jain | 1.87% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.80% | unchanged |
| Prajapati Mahesh Manubhai | 1.19% | unchanged |
| Arun Kumar Kothari | 0.56% | unchanged |
| Paramsukhdas Suganchand Huf | 0.35% | unchanged |
| Prabhawati Devi Kothari | 0.32% | unchanged |
| Anand Vardhan Kothari | 0.28% | unchanged |
| G. Das & Company Private Limited | 0.11% | unchanged |
| Krishna Kumar Bangur | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Gillanders Arbuthnot & Company Limited
Guides on how to read this kind of business and the numbers that matter.