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    The United Nilgiri Tea Estates Company Limited

    Nilgiris-based tea plantation company growing and manufacturing green, CTC, Orthodox and specialty teas across its own estates and factories, sold domestically and via exports.

    Fast Moving Consumer Goods
    Fast Moving Consumer Goods

    Overview

    Price

    Market Cap

    ₹235 Cr

    Sector

    Fast Moving Consumer Goods

    Fast Moving Consumer Goods

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital55555555
    Reserves150161170182199216227236
    Borrowings00000000
    Other Liabilities912121113131414
    Total Liabilities164177187198217233246256
    AssetsFixed Assets4344434443444345
    CWIP11232121
    Investments76102107127134151154169
    Other Assets4330342538364642
    Total Assets164177187198217233246256

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating118951582113
    Cash from Investing-10-4-9-3-13-4-19-12
    Cash from Financing-2-2-1-1-1-2-1-1
    SummaryCapital Expenditure
    Free Cash Flow6041116189
    FCF Margin

    Valuation

    Assumptions

    Current — UNITEDTEA
    Price
    ₹493
    EPS (TTM)
    ₹43.91
    PE (TTM)
    11.2
    Profit growth
    21.9%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (10.8×) and current (11.2×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹493
    vs
    Fair value · 15% return
    ₹590
    20%Undervalued

    At 21.9% growth and a 11× exit, ₹493 only delivers your return if you pay ₹590. The price is currently baking in 18% growth.

    EPS grows 21.9%/yr for 5 years, then fades to 6% over 2, exits at 11×.

    YearGrowthEPS (₹)
    FY2721.9%53.53
    FY2821.9%65.25
    FY2921.9%79.54
    FY3021.9%96.96
    FY3121.9%118.19
    FY3213.9% ·fade134.68
    FY336.0% ·fade142.76

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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