Gillanders Arbuthnot Ltd
NSE: GILLANDERS · Tea & Coffee · sector
₹97.67NSE close 2026-10-26
Key numbers
Market cap₹208 cr
Price₹97.67
52w high / low₹129 / ₹76
P/E11.9xSector median 8.9x
P/B0.8xSector median 0.7x
Book value₹120.9
Dividend yield–Sector median 0.86%
ROE6.9%Sector median 3.7%
ROCE7.9%Sector median 5.0%
OPM6.9%Sector median 6.9%
Debt / equity0.58xSector median 0.22x
EV/EBITDA11.8xSector median 14.1x
Interest cover2.5x
Current ratio1.05x
Sales growth 3y-1.4%Sector median -1.6%
Profit growth 3y-13.9%Sector median +9.0%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 21 companies in Tea & Coffee (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3 cr vs borrowings ₹149 cr (FY26): borrowings are higher by ₹145 cr.
- Operating profit covered interest 2.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 1 of the last 5 years (FY25).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 74% of net profit in the last 12 months.
- Debtor days went from 29 (FY24) to 54 (FY26).
- No dividend in the last 5 financial years.
- Price ₹97.67 on 2026-10-26: -24.3% from the 52-week high, +28.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹139.97 · low ₹76.69
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 127 | 128 | 104 | 88 | 132 | 107 | 103 | 91 |
| EBITDA | 25 | 20 | -2 | -0 | 20 | 8 | -4 | 6 |
| OPM % | 19.9% | 15.5% | -2.1% | -0.1% | 14.8% | 7.8% | -4.2% | 7.0% |
| Other income | 4 | 1 | 4 | 0 | 3 | 3 | 6 | 2 |
| Net profit | 21 | 13 | 2 | -5 | 14 | 5 | -4 | 3 |
| EPS (₹) | 10.06 | 6.11 | 0.96 | -2.56 | 6.68 | 2.13 | -1.82 | 1.18 |
| Revenue YoY | +4.4% | -16.3% | -0.5% | +3.3% | ||||
| Profit YoY | -33.6% | -65.2% | -290.7% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 406 | 449 | 363 | 443 | 431 | 434 |
| EBITDA | 30 | 23 | -34 | 38 | 23 | 30 |
| Net profit | 16 | 15 | -49 | 27 | 9 | 17 |
| EPS (₹) | 7.66 | 6.95 | -22.78 | 12.52 | 4.43 | 8.17 |
| Revenue growth | +10.5% | -19.1% | +22.0% | -2.8% | -2.9% | |
| Profit growth | -9.3% | -428.1% | – | -64.6% | -43.9% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -1.4% | 0.0% | -2.9% |
| Net profit | -13.9% | – | -43.9% |
| EPS | -13.9% | – | – |
| Share price | – | +7.2% (2y) | -20.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 277 | 217 | 245 | 258 |
| Borrowings | – | 145 | 129 | 139 | 149 |
| Cash & equivalents | – | 3 | 3 | 1 | 3 |
| Total assets | – | 550 | 477 | 514 | 553 |
| Fixed assets | – | 298 | 263 | 256 | 252 |
| Capital work in progress | – | 11 | 9 | 13 | 20 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 26 | 29 | 62 | 63 |
| Inventory | – | 107 | 93 | 92 | 133 |
| Payables | – | 48 | 49 | 53 | 64 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 69 | 59 | 33 | 8 | 14 |
| Cash from investing | -2 | 0 | -3 | -7 | -8 |
| Cash from financing | -68 | -57 | -30 | -3 | -4 |
| Capex | 7 | 11 | 4 | 8 | 10 |
| Free cash flow | 61 | 48 | 28 | -0 | 4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 5.4% | -22.4% | 10.9% | 3.7% |
| ROCE % | – | 7.2% | -9.2% | 9.7% | 5.9% |
| Debtor days | – | 21 | 29 | 51 | 54 |
| Inventory days | – | 287 | 314 | 225 | 407 |
| Payable days | – | 129 | 164 | 130 | 197 |
| Cash conversion cycle (days) | – | 179 | 179 | 146 | 264 |
| Working capital days | – | -10 | -47 | -23 | 11 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 69.05% |
| DIIs | 0.32% |
| of which Mutual funds | 0.00% |
| Government | 0.03% |
| Public (non-institutions) | 30.60% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 69.08% | 69.21% | 69.05% | 69.05% | 69.05% | 69.05% | 69.05% | 69.05% |
| Promoter group | % |
|---|---|
| Kothari Investment and Industries Private Limited | 34.32% |
| Kothari Phytochemicals & Industries Limited | 25.98% |
| M D Kothari and Company Limited | 7.13% |
| Arun Kumar Kothari | 0.56% |
| Paramsukhdas Suganchand HUF | 0.35% |
| Prabhawati Devi Kothari | 0.32% |
| Anand Vardhan Kothari | 0.28% |
| G. DAS & Company Private Limited | 0.11% |
| Vedika Kothari | 0.00% |
| Vidushi Kedia | 0.00% |
| Vedant Kedia | 0.00% |
| Aryaveer Kothari | 0.00% |
| Ananya Kothari | 0.00% |
| Rukmani Devi Bangur | 0.00% |
| Sunita Kedia | 0.00% |
| Public holders above 1% | % |
|---|---|
| Anil Jain | 1.87% |
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 1.80% |
| Prajapati Mahesh Manubhai | 1.25% |
9,453 shareholders. Pledged: 0.00% of promoter shares.
Peers in Tea & Coffee
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TATACONSUM | ₹92,676 cr | 56.7x | 4.2x | 7.8% | 10.2% | 13.8% | +13.8% | 0.88% |
| CCL | ₹12,060 cr | 26.1x | 4.5x | 19.4% | 16.5% | 16.7% | +29.1% | 0.86% |
| VINCOFE | ₹2,148 cr | 27.2x | 3.8x | 18.1% | 16.0% | 18.5% | – | 0.06% |
| ANDREWYU | ₹1,074 cr | 25.9x | 3.3x | -12.5% | -13.1% | -27.0% | -7.6% | – |
| MCLEODRUSS | ₹478 cr | – | – | – | -14.2% | -12.6% | -5.5% | – |
| GOODRICKE | ₹456 cr | 3.8x | 1.5x | 22.0% | 21.3% | 8.4% | -3.2% | 0.02% |
| JAYSREETEA | ₹229 cr | – | 0.6x | -5.4% | 1.7% | 2.6% | +4.6% | 0.64% |
| GILLANDERS | ₹208 cr | 11.9x | 0.8x | 6.9% | 7.9% | 6.9% | -1.4% | – |
| NEAGI | ₹194 cr | 5.3x | 0.6x | 11.7% | 11.6% | 151.6% | +0.7% | 0.96% |
| ROSSELLIND | ₹176 cr | 15.1x | 0.9x | 6.0% | 7.4% | 9.4% | -13.8% | 0.86% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| TEA | ₹226 cr | 52.5% | ₹13 cr | 5.7% |
| ENGINEERING (MICCO) | ₹102 cr | 23.6% | ₹9 cr | 8.7% |
| TEXTILES | ₹93 cr | 21.6% | ₹-4 cr | -4.0% |
| PROPERTY | ₹10 cr | 2.3% | ₹6 cr | 59.2% |
| UNALLOCATED | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-06-21 | Other | Annual General Meeting |
| 2023-06-16 | Other | Annual General Meeting |
| 2022-08-04 | Other | Annual General Meeting |
| 2021-08-04 | Other | Annual General Meeting |
| 2020-08-05 | Other | Annual General Meeting |
| 2019-07-30 | Other | Annual General Meeting |
| 2018-07-19 | Other | Annual General Meeting |
| 2017-08-23 | Other | Annual General Meeting |
| 2016-12-19 | Other | Annual General Meeting |
| 2015-08-25 | Other | Annual General Meeting (Book Closure Dates Revised) |
| 2014-08-05 | Dividend | Annual General Meeting / Dividend - Re 0.75/- Per Share |
| 2013-07-30 | Dividend | Annual General Meeting / Dividend - Rs.2/- Per Equity Share |
| 2012-08-01 | Dividend | Annual General Meeting And Dividend - Re.0.50 Per Share |
| 2011-08-01 | Dividend | Annual General Meeting And Dividend Rs.4.50 Per Share |
| 2010-09-14 | Bonus | Bonus 1:2 |
| 2010-07-28 | Dividend | Annual General Meeting / Dividend Rs 5 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Tea & Coffee |
| Sub-industry | Tea & Coffee |
| Symbol | GILLANDERS |
| BSE code | 532716 |
| ISIN | INE047B01011 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.