MCLEODRUSS

Mcleod Russel India financials

Market cap
₹460 Cr
Sector
Fast Moving Consumer Goods

What Mcleod Russel India Limited does

McLeod Russel India Limited grows and manufactures tea across its own estates in Assam, producing both CTC and Orthodox tea for domestic and international buyers. Production combines own-garden crop with bought-leaf processing at company-owned factories. The company also exports directly to overseas buyers and, through its subsidiary structure (Borelli Tea Holdings and McLeod Russel Uganda Limited), has tea manufacturing operations in Uganda alongside investments in Kenya and Dubai.

Segments

  • Assam tea estates & factories
  • Uganda tea operations
Tea estates (Assam)
31
Manufacturing factories (Assam)
31, ISO 22000:2018 certified
Saleable tea production (FY25)
366.82 lakh kgs
Export reach
shipments to over 10 countries
Rainforest Alliance certified estates/factories
31 estates + McLeod Russel Blending Unit
MRUL (Uganda subsidiary) tea manufactured (CY2024)
15.735 million kgs
Headquarters Kolkata, West Bengal, India Company website

Quarterly results

Q1 FY27: revenue up 21.4%, net profit up 62.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue412 334 128 168 324 −21%398 +19%84 −34%204 +21%
EBITDA156 -22 -122 3 92 −41%7 +132%-141 −16%21 +600%
Net profit88 -78 -169 -40 29 −67%-31 +60%-49 +71%-15 +63%
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 +13.0% 1Y

₹40.0₹60.0₹80.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹38.31 on 10 Sept 2025 → ₹43.28. High ₹78.41 (29 May 2026), low ₹28.97 (30 Mar 2026).

Financials, as filed

Revenue fell 9.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to -4.0%.

Year endingFY23FY24FY25FY26
Revenue₹1.3k Cr₹924 Cr₹1.0k Cr₹974 Cr
Operating profit₹84 Cr₹-73 Cr₹22 Cr₹-39 Cr
Operating margin6.4%-7.9%2.1%-4.0%
Interest₹195 Cr₹185 Cr₹210 Cr₹130 Cr
Depreciation₹66 Cr₹52 Cr₹50 Cr₹48 Cr
Net profit₹-1.1k Cr₹-265 Cr₹-195 Cr₹-91 Cr
Net margin-81.0%-28.7%-19.0%-9.3%
Cash from operations₹145 Cr₹57 Cr₹29 Cr₹53 Cr
Free cash flow₹110 Cr₹46 Cr₹8 Cr₹39 Cr
ROCE1.0%-6.0%-1.0%-5.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹52 Cr₹52 Cr₹52 Cr₹52 Cr₹52 Cr₹52 Cr
Reserves₹1.6k Cr₹1.4k Cr₹357 Cr₹90 Cr₹11 Cr₹-183 Cr
Borrowings₹2.0k Cr₹1.9k Cr₹1.8k Cr₹1.7k Cr₹1.9k Cr₹1.3k Cr
Other liabilities₹765 Cr₹963 Cr₹1.1k Cr₹1.3k Cr₹1.8k Cr₹836 Cr
Total liabilities₹4.4k Cr₹4.3k Cr₹3.3k Cr₹3.2k Cr₹3.8k Cr₹2.0k Cr
Fixed assets₹962 Cr₹966 Cr₹958 Cr₹920 Cr₹1.2k Cr₹863 Cr
Capital work in progress₹58 Cr₹43 Cr₹40 Cr₹39 Cr₹47 Cr₹33 Cr
Investments₹213 Cr₹222 Cr₹212 Cr₹222 Cr₹70 Cr₹208 Cr
Other assets₹3.2k Cr₹3.1k Cr₹2.1k Cr₹2.1k Cr₹2.4k Cr₹946 Cr
Total assets₹4.4k Cr₹4.3k Cr₹3.3k Cr₹3.2k Cr₹3.8k Cr₹2.0k 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

Since Jun 2025, the public added +0.80 pp while DIIs trimmed −0.74 pp. The shareholder count shrank 7% to 58,315.

Promoters
6.3%
FIIs
1.5%
DIIs
0.5%
Public
91.7%

Since Jun 2025

  • Public +0.80 pp
  • DIIs −0.74 pp
  • FIIs −0.07 pp

How it drifted, 12 quarters

Over this window FIIs went from 0.0% to 1.5% — +1.4 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 6.3%, FIIs 0.0%, DIIs 1.3%, Public 92.4%.Dec '23: Promoters 6.3%, FIIs 1.4%, DIIs 1.3%, Public 91.0%.Mar '24: Promoters 6.3%, FIIs 2.1%, DIIs 1.3%, Public 90.3%.Jun '24: Promoters 6.3%, FIIs 1.6%, DIIs 1.3%, Public 90.8%.Sep '24: Promoters 6.3%, FIIs 1.9%, DIIs 1.3%, Public 90.6%.Dec '24: Promoters 6.3%, FIIs 1.4%, DIIs 1.3%, Public 91.1%.Mar '25: Promoters 6.3%, FIIs 1.5%, DIIs 1.3%, Public 91.0%.Jun '25: Promoters 6.3%, FIIs 1.6%, DIIs 1.3%, Public 90.9%.Sep '25: Promoters 6.3%, FIIs 1.5%, DIIs 1.3%, Public 91.0%.Dec '25: Promoters 6.3%, FIIs 1.4%, DIIs 0.6%, Public 91.7%.Mar '26: Promoters 6.3%, FIIs 1.8%, DIIs 0.6%, Public 91.3%.Jun '26: Promoters 6.3%, FIIs 1.5%, DIIs 0.5%, Public 91.7%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Mcleod Russel India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Kavita Khaitan 3.83%unchanged
Santosh Kr Kejriwal Securities Private Limited 2.67%unchanged
Ekta Credit Pvt Ltd 1.91%unchanged
Anurag Choudhary 1.48%unchanged
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.36%unchanged
Saint Capital Fund FPI fund1.25%unchanged
Spt Investmment Advisory Service PVT LTD 1.20%unchanged
Manju Gaggar 1.08%unchanged
Niraj Rajnikant Shah 1.02%−0.36 pp
United Machine Company Limited 0.12%unchanged
Babcock Borsig Limited 0.09%unchanged
Yashodhara Khaitan 0.07%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 Mcleod Russel India Limited

Guides on how to read this kind of business and the numbers that matter.