Terai Tea Company Ltd (530533)

Terai Tea Company Limited has approved the redesignation of Mr. Rajendra Kanodia from Non-Executive Director to Executive Whole-Time Director. The appointment is for a period of 5 years from 25 August 2026 to 24 August 2031. Mr. Kanodia has served on the company's board since 28 January 1987 and has over 40 years of industry experience. The appointment and remuneration terms remain subject to shareholder approval at the upcoming AGM.

• Rajendra Kanodia redesignated from Non-Executive to Executive Whole-Time Director
• Appointment tenure spans 5 years from 25 August 2026 till 24 August 2031
• Director has been on the Board since 28 January 1987 with over 40 years of tea and finance experience
• Executive appointment and remuneration subject to approval at the upcoming AGM

Terai Tea Company Ltd has approved the re-designation of Mr. Rajendra Kanodia from Non-Executive Director to Executive Whole-Time Director. The appointment is for a period of 5 years, from August 25, 2026, to August 24, 2031. Mr. Kanodia has been a board member since January 28, 1987, with over 40 years of experience in tea plantation and marketing. The appointment and his remuneration remain subject to shareholder approval at the upcoming Annual General Meeting.

• Rajendra Kanodia redesignated from Non-Executive Director to Executive Whole-Time Director
• Appointed for a 5-year tenure effective August 25, 2026, until August 24, 2031
• Appointee has been on the board since January 28, 1987, with over 40 years of industry experience
• Appointment and remuneration subject to shareholder approval at the ensuing AGM

Terai Tea Company reported a significant 78.6% YoY decline in standalone revenue to Rs 6.23 Cr for Q1 FY27, primarily due to the Trading segment reporting zero revenue compared to Rs 25.83 Cr in the year-ago period. Despite the revenue crash, consolidated net profit remained stable at Rs 5.18 Cr (up 0.4% YoY), heavily supported by 'Other Income' of Rs 4.79 Cr. The core Tea Garden & Manufacturing segment showed growth, with revenue increasing 92% YoY to Rs 6.23 Cr. However, consolidated performance was weighed down by a Rs 1.36 Cr loss from associate companies.

• Standalone revenue plummeted 78.6% YoY to Rs 6.23 Cr from Rs 29.07 Cr in Q1 FY26.
• Trading segment revenue fell to zero, down from Rs 25.83 Cr in the same quarter last year.
• Tea Garden & Manufacturing revenue grew 92% YoY to Rs 6.23 Cr, now representing 100% of operational revenue.
• Other Income of Rs 4.79 Cr accounted for 43.5% of the total standalone income of Rs 11.02 Cr.
• Consolidated Net Profit stood at Rs 5.18 Cr, impacted by a Rs 1.36 Cr share of loss from associates.

Terai Tea Company Ltd has scheduled a board meeting for August 13, 2026, to review and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported a TTM revenue of Rs 89 Cr and a PAT of Rs 5 Cr for FY26, with a market capitalization of Rs 85 Cr. Investors will be monitoring if the company can recover from the negative operating profit of Rs -4.74 Cr reported in the March 2026 quarter. The trading window for insiders will remain closed until 48 hours after the results are announced.

• Board meeting scheduled for August 13, 2026, to approve Q1 results.
• Results pertain to the first quarter ended June 30, 2026.
• Trading window closure period ends 48 hours after the results are made public on August 13, 2026.
• Company reported a TTM EPS of Rs 7.54 as of the latest available data.