Norben Tea & Exports Limited (NORBTEAEXP)
₹59.67 -0.60% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Norben Tea's revenue was ₹1.3 Cr (+4.6% year on year, -9.8% on the previous quarter), and net profit ₹0.3 Cr (+13.3% year on year); the operating margin was 51.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹1.3 | +4.6% | -9.8% |
| Operating profit | ₹0.7 | +2.1% | from loss |
| Net profit | ₹0.3 | +13.3% | from loss |
| EPS (₹) | 0.21 | -4.5% | from loss |
| Operating margin | 51.3% | — | — |
NORBTEAEXP delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 78.94% of the NORBTEAEXP shares traded on NSE were taken to delivery, against the stock's own 20-session average of 76.39%. That is close to its usual level. Turnover was only ₹1 lakh, so a handful of trades can move this figure. It closed at its upper price band (circuit) on 16 Oct, one of 3 band closes in about the last 20 sessions.
Delivery in the last 5 sessions: 75.7% · 63.3% · 78.7% · 90.6% · 78.9%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Norben Tea & Exports reported a modest 4.6% YoY increase in revenue to ₹1.29 Cr for the quarter ended June 30, 2026. Net profit grew by 13.3% YoY to ₹32.29 Lakhs, up from ₹28.50 Lakhs in the same period last year. The company achieved a significant sequential turnaround from a net loss of ₹78.65 Lakhs in the preceding March 2026 quarter. Despite the profit growth, EPS remained flat at ₹0.21 due to an increase in the equity base from ₹13.34 Cr to ₹15.54 Cr over the past year.
- Revenue from operations rose 4.6% YoY to ₹129.04 Lakhs from ₹123.33 Lakhs.
- Net profit after tax increased 13.3% YoY to ₹32.29 Lakhs compared to ₹28.50 Lakhs.
- Total expenses were tightly managed at ₹97.28 Lakhs, representing only a 1.3% increase YoY.
- Paid-up equity share capital increased to ₹1554.41 Lakhs from ₹1333.61 Lakhs in the year-ago period.
- The company reported a turnaround from a loss of ₹78.65 Lakhs in the previous quarter ended March 2026.
Norben Tea & Exports Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that for the period from April 1, 2026, to June 30, 2026, the company's Registrar and Transfer Agent (RTA), MCS Share Transfer Agent Limited, processed all physical share certificates received for dematerialization. These certificates were cancelled and mutilated, and the depository's name was substituted in the company's records as the registered owner. This is a routine administrative filing required by SEBI to ensure the integrity of electronic shareholding records.
- Compliance certificate submitted for the quarter ended 30th June, 2026
- Covers the 3-month period from 1st April, 2026, to 30th June, 2026
- RTA confirmed destruction and mutilation of physical certificates within stipulated time
- Depository name substituted as registered owner for dematerialized shares
Norben Tea & Exports Limited concluded its 36th Annual General Meeting on July 3, 2026. Shareholders considered the adoption of audited financial statements for the year ended March 31, 2026, which notably contained no auditor qualifications. Key resolutions included the re-appointment of Managing Director Manoj Kumar Daga and the approval of related party transactions with Tongani Tea Company Ltd. and Mangalam Products Pvt. Ltd. for the next 12 months.
- 36th Annual General Meeting held on July 3, 2026, via video conferencing
- Auditors' Report for the year ended March 31, 2026, contained zero qualifications or adverse remarks
- Approval sought for repetitive Related Party Transactions with 2 entities for a 12-month period
- 15 registered speakers participated in the meeting to provide feedback and queries
- Meeting proceedings lasted 73 minutes, concluding at 12:43 P.M.
Norben Tea & Exports Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is ahead of the declaration of the company's standalone un-audited financial results for the first quarter ending June 30, 2026. The window will remain closed for all designated persons and their immediate relatives until 48 hours after the results are made public. This is a standard regulatory procedure for listed companies in India.
- Trading window closure begins on July 1, 2026
- Closure is for the standalone un-audited financial results for the quarter ended June 30, 2026
- Window will reopen 48 hours after the official announcement of the financial results
- Applies to all Designated Persons and their immediate relatives under SEBI regulations
Manoj Kumar Daga, representing the promoter group of Norben Tea & Exports Limited, has filed a formal disclosure under Regulation 31(4) of the SEBI (SAST) Regulations. The filing confirms that the promoters and persons acting in concert did not create any direct or indirect encumbrances on their shareholding during the financial year ended March 31, 2026. This is a routine annual compliance requirement that provides transparency regarding the status of promoter-held shares.
- Annual disclosure submitted under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- Promoter Manoj Kumar Daga confirmed zero encumbrances on shares held by the promoter group for the financial year ending March 31, 2026.
- The declaration covers the promoter along with all persons acting in concert (PAC).
- The disclosure was submitted to the Audit Committee of the company and both major stock exchanges (NSE and BSE).
Norben Tea & Exports Limited has announced its 36th Annual General Meeting (AGM) will be held on July 3, 2026. The company has fixed June 26, 2026, as the cut-off date to determine the eligibility of shareholders for electronic voting. Shareholders holding shares in demat form on this date will be entitled to cast their votes on the resolutions presented during the meeting. This is a standard regulatory procedure to facilitate shareholder participation in corporate governance.
- 36th Annual General Meeting (AGM) is scheduled to take place on July 3, 2026.
- The cut-off date for determining e-voting eligibility is fixed as June 26, 2026.
- The announcement applies to all shareholders holding shares in dematerialized form.
- Compliance notification sent to both BSE (Scrip Code: 519528) and NSE (Symbol: NORBTEAEXP).
Norben Tea & Exports Limited has scheduled its 36th Annual General Meeting (AGM) for Friday, July 3, 2026, at 11:30 AM IST via Video Conference. The company has released its Annual Report for the financial year 2025-26, which is now available on its official website. This specific communication is aimed at shareholders whose email addresses are not registered, providing them with a web-link and QR code to access the meeting notice and financial reports. The company is also urging shareholders to update their contact details with the Registrar and Share Transfer Agent, MCS Share Transfer Agent Ltd.
- 36th Annual General Meeting (AGM) scheduled for July 3, 2026, at 11:30 AM IST.
- The meeting will be conducted through Video Conference (VC) / Other Audio-Visual Means (OAVM).
- Annual Report for the Financial Year 2025-26 is now accessible via a dedicated web-link and QR code.
- Shareholders are requested to update their email IDs with the company or Registrar and Share Transfer Agent (RTA).
- The intimation is in compliance with Regulation 36(1)(b) of SEBI Listing Regulations.
Norben Tea & Exports Limited has scheduled its 36th Annual General Meeting (AGM) for July 3, 2026, at 11:30 AM via video conferencing. To facilitate this, the company will close its Register of Members and Share Transfer Books from June 27, 2026, to July 3, 2026. This is a standard regulatory procedure to determine the list of shareholders eligible to attend the meeting for the financial year ended March 31, 2026. No dividend declaration was specified in this particular book closure notice.
- 36th Annual General Meeting (AGM) to be held on Friday, July 3, 2026, at 11:30 AM.
- Book closure period is set from June 27, 2026, to July 3, 2026, inclusive of both days.
- The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
- The closure is for the purpose of identifying members for the fiscal year ended March 31, 2026.
Norben Tea & Exports Limited has scheduled its 36th Annual General Meeting (AGM) for July 3, 2026, to be conducted via video conferencing. Beyond the standard adoption of FY26 financial results, the company is seeking shareholder approval for two significant related party transactions. These include availing loans of up to ₹5 crore from Tongani Tea Co. Ltd. and up to ₹2 crore from Mangalam Products Pvt. Ltd. to support business operations over the next 12 months.
- 36th Annual General Meeting scheduled for July 03, 2026, at 11:30 AM IST via VC/OAVM.
- Proposed related party transaction to avail a loan of up to ₹5 crore from M/s Tongani Tea Co. Ltd.
- Proposed related party transaction to avail a loan of up to ₹2 crore from M/s Mangalam Products Pvt. Ltd.
- Share transfer books and Register of Members will remain closed from June 27, 2026, to July 03, 2026.
- Agenda includes the re-appointment of Mr. Manoj Kumar Daga as a Director liable to retire by rotation.
Norben Tea & Exports Limited has issued a corrigendum to rectify a typographical error in its Pre-AGM newspaper advertisements published on June 9, 2026. The error appeared in the heading of notices in the 'Financial Express' and 'Duranta Barta' newspapers, where the meeting was incorrectly referred to as the 'Thirty Fifty' instead of the 'Thirty Sixth' Annual General Meeting. This is a purely administrative correction to ensure statutory accuracy for the upcoming shareholder meeting. The company has confirmed that this corrigendum now forms an integral part of the original notice.
- Correction of a typographical error in the heading of the Pre-AGM notice published on June 9, 2026
- Official designation updated from 'Thirty Fifty' to 'Thirty Sixth' Annual General Meeting
- The corrigendum applies to advertisements in both 'Financial Express' (English) and 'Duranta Barta' (Bengali)
Norben Tea & Exports Limited has officially appointed M/s L.K. Bohania & Co as its Internal Auditor for the Financial Year 2026-27. The appointment was approved by the Board of Directors in a meeting held on May 26, 2026, following recommendations from the Audit Committee. The firm is a Kolkata-based entity specializing in direct taxation, statutory audits, and internal audits. This move is part of the company's routine regulatory compliance to ensure robust internal financial controls.
- Appointment of M/s L.K. Bohania & Co (FRN: 317136E) as Internal Auditor.
- The appointment is specifically for the Financial Year 2026-27.
- Board approval was finalized on May 26, 2026, as per SEBI Regulation 30.
- The auditor is a reputable firm based in Kolkata with expertise in direct taxation and statutory audits.
Norben Tea & Exports Limited reported a significant improvement in its bottom line for the financial year ended March 31, 2026, with net profit rising to ₹10.15 lakhs from ₹1.34 lakhs in the previous year. Annual revenue from operations grew to ₹806.88 lakhs compared to ₹757.29 lakhs in FY25. The company also turned profitable in the fourth quarter, posting a net profit of ₹1.05 lakhs against a loss of ₹2.31 lakhs in the corresponding quarter of the previous year. Alongside the results, the board approved the appointment of M/s. L.K.BOHANIA & CO as the new internal auditor for FY 2026-27.
- Full-year FY26 revenue from operations increased 6.5% YoY to ₹806.88 lakhs.
- Annual net profit grew substantially to ₹10.15 lakhs from ₹1.34 lakhs in FY25.
- Q4 FY26 revenue stood at ₹142.79 lakhs, a 31.8% increase over Q4 FY25's ₹108.30 lakhs.
- The company reported a Q4 net profit of ₹1.05 lakhs, recovering from a YoY quarterly loss of ₹2.31 lakhs.
- Internal auditor change: M/s. L.K.BOHANIA & CO appointed following the resignation of M/s AAN & ASSOCIATES LLP.
Norben Tea & Exports Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing, issued by MCS Share Transfer Agent Limited, covers the quarter ended March 31, 2026. It confirms that all share certificates received for dematerialization during the period from January 1, 2026, to March 31, 2026, have been processed, mutilated, and cancelled. This ensures that the depository is correctly recorded as the registered owner of the shares in the company's records.
- Compliance certificate submitted for the quarter ended March 31, 2026.
- Covers dematerialization requests processed between January 1, 2026, and March 31, 2026.
- Registrar & Transfer Agent (RTA) is M/s. MCS Share Transfer Agent Limited.
- Confirms that physical certificates were destroyed and replaced by electronic records in the depository.
Norben Tea & Exports Limited has announced the closure of its trading window starting April 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The closure applies to all designated persons and their immediate relatives ahead of the announcement of financial results. The window will remain closed until 48 hours after the declaration of the audited standalone financial results for the 4th quarter and the full year ended March 31, 2026. This is a standard regulatory procedure for listed companies in India.
- Trading window closure begins on Wednesday, April 1, 2026.
- Closure is related to the financial results for the 4th Quarter and Year Ended March 31, 2026.
- The window will reopen 48 hours after the dissemination of the audited standalone financial results.
Norben Tea & Exports Limited reported a turnaround in Q3 FY26 with a net profit of ₹9.47 lakhs, compared to a loss of ₹14.66 lakhs in the same period last year. Revenue from operations grew significantly by 49.7% YoY to ₹301.83 lakhs. However, the nine-month performance shows a decline in profitability, with net profit falling to ₹49.17 lakhs from ₹85.58 lakhs in the previous year. The company highlighted that the tea business is seasonal and tax provisions will be finalized at the end of the fiscal year.
- Revenue from operations increased 49.7% YoY to ₹301.83 lakhs in Q3 FY26.
- Net profit turned positive at ₹9.47 lakhs versus a loss of ₹14.66 lakhs in Q3 FY25.
- Nine-month (9M) net profit stands at ₹49.17 lakhs, a 42.5% decrease from ₹85.58 lakhs in 9M FY25.
- Total expenses for the quarter rose to ₹292.77 lakhs from ₹216.80 lakhs in the year-ago period.
- Paid-up equity share capital increased to ₹1554.41 lakhs from ₹1175.00 lakhs YoY.
Financial Performance
Revenue Growth by Segment
Not disclosed in available documents; however, the company reported a loss for the financial year ended March 31, 2025.
Geographic Revenue Split
Not disclosed in available documents. The company operates out of Kolkata, West Bengal.
Profitability Margins
The company reported a net loss for the financial year ended March 31, 2025. Specific margin percentages were not provided in the text.
Capital Expenditure
Paid-up equity share capital increased by approximately 10.37% from INR 11.75 Cr to INR 12.9681 Cr during the audit period due to the conversion of warrants into 12,18,100 equity shares.
Credit Rating & Borrowing
Not disclosed in available documents. The company maintains a relationship with State Bank of India.
Operational Drivers
Raw Materials
Tea leaves and tea plants/cuttings represent the primary raw materials for production.
Import Sources
Sourced domestically, primarily within West Bengal (Kolkata region).
Key Suppliers
Tongani Tea Co. Ltd. (a promoter group company) is a key related party supplier/buyer, involved in transactions such as the sale of tea plants/cuttings valued at INR 14.85 Lakhs.
Raw Material Costs
Not disclosed as a specific percentage of revenue; however, the company noted that inclement weather impacts crop availability and costs.
Strategic Growth
Growth Strategy
The company is focusing on improving tea quality to meet market demand and has raised capital through the issuance of 15,50,000 equity shares at a premium of INR 7 per share (Total INR 17 per share) via warrant conversion to strengthen its financial position.
Products & Services
Tea, tea plants, and tea cuttings.
Brand Portfolio
Norben Tea.
Strategic Alliances
Maintains a strategic relationship with promoter group company Tongani Tea Co. Ltd. for tea plant transactions.
External Factors
Industry Trends
The tea industry is seeing a thrust on quality improvement. While inclement weather has been a recent challenge, a normal monsoon forecast suggests a positive outlook for production volumes.
Competitive Landscape
The company operates in a competitive market where success depends on attracting/retaining key personnel and managing climatic risks.
Competitive Moat
The company's moat is built on its workforce culture and focus on quality production, though it faces high competition and commodity price risks.
Macro Economic Sensitivity
Highly sensitive to economic conditions affecting demand and supply in the tea industry and changes in government taxation policies.
Consumer Behavior
Increasing demand for high-quality tea products is driving the company to focus on quality improvement.
Regulatory & Governance
Industry Regulations
Subject to the Companies Act 2013, SEBI (LODR) Regulations 2015, and Secretarial Standards on Board and General Meetings. The company must comply with pollution norms and state-specific agricultural regulations.
Legal Contingencies
SEBI imposed a penalty of INR 1,00,000 on June 28, 2024, for violations related to the resignation of the Statutory Auditor. BSE and NSE imposed fines of INR 5,900 each on December 13, 2024, for a one-day delay in submitting related party transaction disclosures.
Risk Analysis
Key Uncertainties
Climatic risks (weather) and natural calamities are the primary uncertainties that could impact crop yield by significant percentages.
Geographic Concentration Risk
Operations are concentrated in West Bengal, making the company vulnerable to regional weather patterns and state regulations.
Third Party Dependencies
Dependency on promoter group companies for certain plant/cutting transactions.