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The Peria Karamalai Tea & Produce Company Limited (PKTEA)

📊 NSE: PKTEA 🏢 Tea 📅 Last Updated: 12/14/2025 10:58

📢 Recent Corporate Announcements

PKTEA Discloses 113th AGM Notice on Sept 26, 2026; Recommends Re 0.75/Share Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 04 Sep 2026, 03:51 PM

The Peria Karamalai Tea & Produce Company Limited has submitted the Notice of its 113th Annual General Meeting scheduled for September 26, 2026, along with its FY26 Annual Report. The agenda includes the adoption of FY26 financial statements, in which the company posted a net loss of Rs 6.67 cr (loss per share Rs 21.55) compared to a PAT of Rs 0.24 cr in FY25. The Board has recommended a final dividend of Re 0.75 per equity share (face value Rs 10), down from Re 1.00 per share paid in the prior year. Additionally, the AGM will vote on the re-appointment of Mrs. Alka Lakshmi Niwas Bangur as Managing Director for a 3-year term starting September 17, 2026.

113th Annual General Meeting scheduled for September 26, 2026 via Video Conferencing
Final dividend of Re 0.75 per equity share of Rs 10 face value proposed for FY26 (vs Re 1.00 in FY25)
Standalone Net Loss of Rs 667.05 lakhs reported for FY26 compared to a profit of Rs 24.11 lakhs in FY25
Re-appointment of Mrs. Alka Lakshmi Niwas Bangur as Managing Director for a 3-year term w.e.f. September 17, 2026

💡 Track shareholder voting results following the September 26, 2026 AGM, alongside upcoming Q2 FY27 results to monitor operational turnaround in tea realizations and volume growth.

PKTEA Sets Sept 19, 2026 as Record Date for Dividend and 113th AGM

🟡 NEUTRAL ⭐ 3/10

DIVIDEND 📅 04 Sep 2026, 03:46 PM

The Peria Karamalai Tea & Produce Company Limited has fixed September 19, 2026, as the record date for determining shareholder eligibility for dividend and participation in the 113th Annual General Meeting (AGM). The share transfer books and register of members will remain closed from September 20, 2026, to September 26, 2026. The 113th AGM is scheduled to be held virtually on September 26, 2026, at 10:30 AM, where the final dividend for the financial year ended March 31, 2026, will be considered for approval.

Record date fixed as September 19, 2026 for dividend entitlement and 113th AGM
Book closure period scheduled from September 20, 2026 to September 26, 2026 (both days inclusive)
113th Annual General Meeting to take place on September 26, 2026 at 10:30 AM via VC/OAVM
Payment of dividend for FY ended March 31, 2026 is subject to shareholder approval at the AGM

💡 Investors seeking dividend eligibility must hold shares prior to the September 19, 2026 record date; monitor the AGM outcome on September 26, 2026, for dividend approval.

PKTEA Q1 Net Profit Rises 26% YoY to ₹9.90 Cr; Revenue Up 23%

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 08 Aug 2026, 12:25 PM

The Peria Karamalai Tea & Produce Co. reported a strong Q1 FY27 with revenue growing 23.3% YoY to ₹20.56 Cr. Net profit increased by 26.1% to ₹9.90 Cr, primarily driven by the investment segment which contributed ₹10.12 Cr to segment results. The core tea segment showed a turnaround, posting a profit of ₹0.98 Cr compared to a loss of ₹0.20 Cr in the previous year's quarter. The company also re-appointed its statutory auditors for a five-year term, ensuring continuity in financial oversight.

Revenue from operations grew 23.3% YoY to ₹20.56 Cr from ₹16.67 Cr.
Net profit after tax increased to ₹9.90 Cr, representing a 26.1% growth over the ₹7.85 Cr reported in June 2025.
Investment segment assets reached ₹570.54 Cr, which is more than 2.5x the company's current market capitalization of ₹214 Cr.
Tea segment returned to profitability with a PBT of ₹0.98 Cr versus a loss of ₹0.20 Cr in the year-ago period.
Earnings Per Share (EPS) for the quarter stood at ₹31.98, up from ₹25.35 YoY.

💡 Investors should monitor the performance of the investment portfolio, which remains the primary profit driver, and watch for the impact of new Labour Codes on employee expenses, which saw a minor ₹1.24 lakh impact this quarter.

PKTEA Submits Quarterly Share Dematerialization Certificate for June 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Jul 2026, 12:00 PM

The Peria Karamalai Tea & Produce Company Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by MUFG Intime India Private Limited, confirms that share certificates received for dematerialization during the quarter ended June 30, 2026, were processed and cancelled. This is a standard administrative filing required for all listed companies to ensure the integrity of the share register. There is no impact on the company's financial performance or business operations, which reported a TTM revenue of ₹54 Cr.

Compliance certificate submitted for the quarter ended June 30, 2026
Registrar MUFG Intime India Private Limited confirmed processing of demat requests within prescribed timelines
Security certificates were mutilated and cancelled after due verification by the depository participant
Promoter holding remains stable at 66.33% as per latest available March 2026 data

💡 This is a routine regulatory filing. Investors should monitor upcoming quarterly financial results to track the company's shift toward Orthodox tea and the impact of agro-climatic conditions on production volumes.

PKTEA Re-appoints MD, Declares ₹0.75 Dividend, and Records ₹323.68 Cr Fair Value Gain

🟢 POSITIVE ⭐ 8/10

BOARD_MEETING 📅 26 May 2026, 01:49 PM

The Peria Karamalai Tea & Produce Co. has recommended a dividend of ₹0.75 per share (7.5%) for FY26. The board approved the re-appointment of Mrs. Alka Lakshmi Niwas Bangur as Managing Director for a 3-year term starting September 2026. Notably, the company recorded a massive fair value gain of ₹32,367.63 Lakhs in Other Comprehensive Income following a merger involving its investment in MSUML. While the balance sheet is significantly strengthened by this asset revaluation, the company reported a net loss for the fiscal year.

Recommended a dividend of ₹0.75 per equity share (7.5%) for the year ended March 31, 2026.
Re-appointed Mrs. Alka Lakshmi Niwas Bangur as Managing Director for 3 years effective Sept 17, 2026.
Recognized a fair value gain of ₹32,367.63 Lakhs in Other Comprehensive Income (OCI) related to MSUML investment.
The fair value of the investment in Maharaja Shree Umaid Mills Limited (MSUML) reached ₹38,703.68 Lakhs.
The company reported a net loss for the financial year 2025-26 despite the massive non-cash asset appreciation.

💡 Investors should recognize the significant boost to the company's net worth and book value from the MSUML investment revaluation. However, caution is advised as the core operations reported a net loss, necessitating a focus on operational efficiency.

PKTEA Recommends ₹0.75 Final Dividend and Reports ₹323.67 Crore Fair Value Gain

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 26 May 2026, 01:47 PM

The Peria Karamalai Tea & Produce Company Limited (PKTEA) has recommended a final dividend of ₹0.75 per equity share (7.5%) for the financial year ended March 31, 2026. A significant development is the recognition of a ₹32,367.63 Lakhs (approx. ₹323.67 Crore) fair value gain in Other Comprehensive Income (OCI) following a merger involving its investment in Placid Limited. This investment, now transitioned to Maharaja Shree Umaid Mills Limited (MSUML), is valued at ₹38,703.68 Lakhs. The Board also approved the re-appointment of Mrs. Alka Lakshmi Niwas Bangur as Managing Director for a three-year term starting September 2026.

Recommended a final dividend of ₹0.75 per equity share of ₹10 each (7.5% yield on face value).
Reported a massive fair value gain of ₹32,367.63 Lakhs in OCI due to the merger of Placid Ltd into MSUML.
The company's unquoted investment in MSUML is now fair valued at ₹38,703.68 Lakhs based on a NAV of ₹80.30 per share.
Mrs. Alka Lakshmi Niwas Bangur re-appointed as Managing Director for a 3-year period effective September 17, 2026.
The MSUML share entitlement is based on a swap ratio of 515 shares for every 1 share of Placid Ltd previously held.

💡 Investors should focus on the significant increase in the company's book value and asset base resulting from the MSUML investment valuation. While the dividend is modest, the value unlocking from the unlisted investment portfolio is a key positive trigger for the stock's valuation.

PKTEA Recommends ₹0.75 Dividend; Records ₹323.67 Cr Fair Value Gain in OCI

🔵 WATCH ⭐ 7/10

EARNINGS 📅 26 May 2026, 01:45 PM

The Peria Karamalai Tea & Produce Company reported its FY26 results, featuring a massive ₹323.67 crore fair value gain on investments recognized in Other Comprehensive Income (OCI). This accounting gain follows an NCLT-approved merger where the company's stake in Placid Limited was swapped for 4.82 crore shares of Maharaja Shree Umaid Mills Limited (MSUML). While the core operations reported a net loss for the year, the board has recommended a dividend of ₹0.75 per share. Additionally, Mrs. Alka Lakshmi Niwas Bangur has been re-appointed as Managing Director for a three-year term.

Recommended a dividend of ₹0.75 per equity share (7.5% on face value of ₹10)
Recognized a significant fair value gain of ₹32,367.63 Lakhs in Other Comprehensive Income
Investment in MSUML valued at ₹38,703.68 Lakhs following the amalgamation of Placid Limited
Company reported a net loss for the financial year ended March 31, 2026, despite the OCI gains
Re-appointed Mrs. Alka Lakshmi Niwas Bangur as Managing Director effective September 17, 2026

💡 Investors should distinguish between the non-cash OCI gain from investment revaluation and the actual operational net loss reported for the year. The stock's valuation is now significantly influenced by its unlisted investment in MSUML, making it a play on both tea cycles and underlying asset value.

Maharaja Shree Umaid Mills Acquires 39.43% Stake in PKTEA via Internal Restructuring

🟡 NEUTRAL ⭐ 7/10

REGULATORY 📅 27 Apr 2026, 03:19 PM

Maharaja Shree Umaid Mills Limited (MSUM) has acquired 12,20,606 equity shares of The Peria Karamalai Tea & Produce Company Limited (PKTEA), representing a 39.43% stake. This acquisition follows a court-approved Scheme of Amalgamation involving 20 transferor companies, including Placid Limited, merging into MSUM. As the transaction is an inter-se transfer within the existing promoter group, it is exempt from open offer requirements under SEBI (SAST) Regulations. Consequently, there is no change in the aggregate shareholding of the promoter and promoter group.

Acquisition of 12,20,606 equity shares representing 39.4268% of the total paid-up capital.
MSUM's individual shareholding increased from 3.9173% to 43.3441% post-amalgamation.
The transfer was executed pursuant to an NCLT Kolkata Bench order dated March 16, 2026.
Transaction is exempt from open offer obligations under Regulation 10(1)(d)(iii) of SEBI Takeover Regulations.
Aggregate promoter group shareholding remains unchanged despite the internal consolidation.

💡 This is a routine internal consolidation of promoter holdings and does not impact the company's business fundamentals or public shareholding. Investors should view this as a neutral administrative event with no immediate action required.

MSUM Becomes Holding Company of PKTEA with 51.66% Stake Following Promoter Merger

🟡 NEUTRAL ⭐ 7/10

M&A 📅 25 Apr 2026, 09:16 PM

Maharaja Shree Umaid Mills Limited (MSUM) has become the holding company of PKTEA following the merger of Placid Limited into MSUM. MSUM's direct stake has increased to 43.34%, while its total aggregate direct and indirect interest now stands at approximately 51.66% of the paid-up equity. This change is a result of a NCLT-approved Scheme of Amalgamation within the LN Bangur Group. Despite the change in the holding structure, the company has clarified that there is no impact on the management or control of PKTEA.

Placid Limited (39.43% stake) merged into Maharaja Shree Umaid Mills Limited (MSUM) effective April 25, 2026
MSUM's direct shareholding in PKTEA increased from 3.92% to 43.34% post-merger
MSUM acquired an indirect interest of 8.31% through Kiran Vyapar Limited, which holds 15.19% of PKTEA
Aggregate direct and indirect shareholding of MSUM in PKTEA now stands at 51.66%
The company confirmed no change in management or control as the transaction is between promoter group entities

💡 This is a technical change in the promoter holding structure due to internal consolidation and does not affect business fundamentals. Investors should continue to monitor the company's operational performance as the management remains unchanged.

PKTEA to Acquire 14.9% Stake in Maharaja Shree Umaid Mills via Merger Share Swap

🟢 POSITIVE ⭐ 7/10

M&A 📅 25 Apr 2026, 09:10 PM

The Peria Karamalai Tea & Produce Co Ltd (PKTEA) is set to receive 4.82 crore shares of Maharaja Shree Umaid Mills Limited (MSUM) following the NCLT-approved merger of Placid Limited into MSUM. PKTEA will receive 515 shares of MSUM for every 1 share held in Placid Limited, resulting in a 14.8958% post-merger stake. MSUM is a diversified unlisted entity with a turnover of ‡599.88 crore and a PAT of ‡45.51 crore in FY25. This transaction consolidates PKTEA's group investments into a larger, profitable entity.

PKTEA to receive 4,81,98,850 equity shares of MSUM, resulting in a total 14.8958% stake.
Share swap ratio fixed at 515 shares of MSUM (Rs 10 each) for every 1 share of Placid Limited (Rs 100 each).
Target entity MSUM reported FY25 revenue of ‡599.88 crore and a net worth of ‡796.41 crore.
MSUM operates in Textile, Renewable Energy, and Financing sectors with a PAT of ‡45.51 crore in FY25.
The acquisition is a related party transaction within the L.N. Bangur Group following NCLT approval.

💡 Investors should view this as a value-unlocking move for PKTEA's investment portfolio, as it replaces a stake in a smaller entity with a significant holding in a larger, profitable diversified company. Monitor MSUM's future performance as it will significantly impact PKTEA's book value.

PKTEA Shareholders Approve ₹8.91 Crore Related Party Transaction with LNB Renewable Energy

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 25 Mar 2026, 11:44 AM

The Peria Karamalai Tea & Produce Company Limited has received shareholder approval for material related party transactions with LNB Renewable Energy Limited. The resolution allows for transactions up to an aggregate limit of ₹8.91 crores. The proposal was passed via a postal ballot process with 92.51% of the votes cast in favor. As the transaction involves a group entity, the promoter and promoter group abstained from voting to comply with governance norms.

Approval granted for transactions with LNB Renewable Energy Limited up to an aggregate of ₹8.91 crores.
The resolution was passed as an Ordinary Resolution with 58,230 votes in favor (92.51%) and 4,711 votes against (7.48%).
Promoter and Promoter Group, holding 20,36,279 shares, remained interested parties and did not participate in the voting.
Transactions are mandated to be conducted at arm's length and in the ordinary course of business.

💡 Investors should monitor the company's future financial statements to ensure these related party transactions remain within the approved limits and are beneficial to the company's core operations. No immediate portfolio changes are suggested as this is a routine regulatory approval for group-level synergy.

PKTEA Shareholders Approve Material Related Party Transactions with 92.5% Majority

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 24 Mar 2026, 05:52 PM

The Peria Karamalai Tea & Produce Company Limited (PKTEA) has successfully passed an ordinary resolution for material related party transactions via a postal ballot. The voting process concluded on March 22, 2026, with 92.51% of the votes cast in favor of the proposal. As the transactions involved interested parties, the promoter group, which holds over 2 million shares, abstained from voting. The overall turnout was relatively low, with only 2.03% of the total equity participating in the e-voting process.

Ordinary resolution for Material Related Party Transactions passed with 92.51% of polled votes in favor.
A total of 58,230 votes were cast in favor, while 4,711 votes (7.48%) were cast against the resolution.
Promoter and Promoter Group, holding 2,036,279 shares, abstained from voting as they were interested parties.
Total voter turnout was low, representing only 62,941 shares out of a total 3,095,879 equity shares (2.03%).

💡 Investors should review upcoming quarterly reports to identify the specific nature and scale of these related party transactions to ensure they are conducted at arm's length. No immediate portfolio action is required as this is a standard regulatory approval.

PKTEA Seeks Approval for ₹8.91 Crore Related Party Transaction with LNB Renewable Energy

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 20 Feb 2026, 06:30 PM

The Peria Karamalai Tea & Produce Company Limited has initiated a postal ballot to seek shareholder approval for material related party transactions. The company intends to enter into or continue contracts with LNB Renewable Energy Limited for an aggregate amount of approximately ₹8.91 crores. The voting period is scheduled from February 21, 2026, to March 22, 2026, with results to be announced shortly thereafter. These transactions are stated to be conducted on an arm's length basis and in the ordinary course of business.

Proposed material related party transaction with LNB Renewable Energy Limited totaling ₹8.91 crores.
Approval sought via Ordinary Resolution through a Postal Ballot and e-voting process.
E-voting period runs from February 21, 2026 (9:00 AM) to March 22, 2026 (5:00 PM).
The cut-off date for shareholder voting eligibility was February 13, 2026.
Transactions are intended to be at arm's length and within the ordinary course of business.

💡 Shareholders should review the explanatory statement in the postal ballot notice to assess the fairness of the ₹8.91 crore transaction. Monitor the voting outcome to ensure corporate governance standards are maintained regarding transactions with group companies.

PKTEA Shareholders Approve Re-appointment of Gaurav Jalan as Independent Director with 99.77% Votes

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 16 Feb 2026, 06:21 PM

Shareholders of The Peria Karamalai Tea & Produce Company Limited have passed a special resolution to re-appoint Mr. Gaurav Jalan as an Independent Non-Executive Director. The appointment is for a second term of five consecutive years, effective from November 10, 2025, to November 9, 2030. The resolution received overwhelming support with 99.77% of the total votes polled in favor, ensuring leadership continuity at the board level. A total of 67.19% of the company's share capital participated in the electronic voting process.

Re-appointment of Mr. Gaurav Jalan for a second 5-year term from Nov 10, 2025, to Nov 9, 2030.
Total votes polled amounted to 2,080,180, representing 67.19% of the total 3,095,879 shares.
The special resolution was passed with 99.77% votes in favor (2,075,475 votes) and only 0.22% against.
Promoter and Promoter Group voted 100% in favor of the resolution.
Public non-institutional shareholders showed 90.83% support for the re-appointment.

💡 This is a routine management continuity update and requires no immediate action from investors. The high approval rating indicates strong shareholder confidence in the existing board composition.

PKTEA Reports Q3 Turnaround with ₹41 Lakh Profit; Appoints Anup Kumar Gupta as CFO

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 03 Feb 2026, 12:53 PM

The Peria Karamalai Tea & Produce Company reported a net profit of ₹41.01 Lakhs for Q3 FY26, a significant turnaround from a loss of ₹62.85 Lakhs in the same quarter last year. Revenue from operations grew by 41% YoY to ₹1,757.28 Lakhs, driven by growth across segments. The company also announced the appointment of Mr. Anup Kumar Gupta as CFO, bringing over 10 years of financial management experience. While the investment segment remains highly profitable, the core tea business continues to report segment losses.

Revenue from operations rose 41.2% YoY to ₹1,757.28 Lakhs in Q3 FY26.
Net Profit turned positive at ₹41.01 Lakhs compared to a loss of ₹62.85 Lakhs in Q3 FY25.
Investment segment profit stood at ₹516.96 Lakhs, while the Tea segment recorded a loss of ₹201.26 Lakhs.
Other income includes a one-time gain of ₹137.92 Lakhs from the sale of windmill land in Tamil Nadu.
Mr. Anup Kumar Gupta, a Chartered Accountant, appointed as CFO effective February 3, 2026.

💡 Investors should monitor the core tea segment's path to profitability as current earnings are heavily supported by the investment portfolio and land sales. The turnaround is positive, but long-term value depends on operational improvements in the plantation business.

View All PKTEA Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue for H1 FY26 was INR 27.42 Cr, a decline of 3.17% from INR 28.32 Cr in H1 FY25. Segment-wise: Tea revenue grew 0.31% to INR 19.07 Cr; Investment income declined 12.98% to INR 7.65 Cr; Power generation revenue dropped 29.35% to INR 0.92 Cr.

Geographic Revenue Split

Not disclosed in available documents, though operations are centered in four tea estates in Tamil Nadu.

Profitability Margins

Net Profit before Tax for H1 FY26 stood at INR 2.71 Cr, a significant decline of 62.26% from INR 7.17 Cr in H1 FY25. The decline was driven by a 60.11% drop in interest coverage ratio (from 5.59 to 2.23) due to lower asset sale profits and reduced interest income from loans.

EBITDA Margin

Operating margins in the tea segment have historically been low, recorded at 1.3% in FY19 compared to 5.2% in FY18. For H1 FY26, the Tea segment reported a loss of INR 2.99 Cr, widening from a loss of INR 1.44 Cr in H1 FY25.

Capital Expenditure

Purchase of Property, Plant & Equipment in H1 FY26 was INR 2.15 Cr, a massive increase from INR 0.008 Cr in H1 FY25. Capital Work in Progress stood at INR 3.26 Cr as of September 30, 2025.

Credit Rating & Borrowing

The company holds an [ICRA]BB+ (Stable) rating. Borrowing costs are reflected in finance costs of INR 2.05 Cr for H1 FY26, up 99% from INR 1.03 Cr in H1 FY25. Working capital utilization is high at approximately 92%.

⚙️ Operational Drivers

Raw Materials

Green tea leaves (from own estates and bought leaf), fertilizers, and fuel for processing. Specific % of total cost for each is not disclosed.

Import Sources

Sourced locally from four tea estates located in Tamil Nadu, India.

Capacity Expansion

Total tea production in FY25 was 25.58 lakh kgs, a 9.16% decline from 28.16 lakh kgs in FY24. No specific capacity expansion figures in MT/MW were provided for the future.

Raw Material Costs

Cost of materials consumed in H1 FY26 was INR 1.26 Cr, up 21.6% from INR 1.03 Cr in H1 FY25, despite lower production volumes.

Manufacturing Efficiency

Tea production efficiency was impacted by a dry spell, leading to a 9.16% YoY volume decline. Employee count stands at 1,042 to manage manual plucking and processing.

📈 Strategic Growth

Growth Strategy

The company is focusing on the production of high-quality Orthodox tea, which offers more attractive and stable pricing than CTC tea. It is also leveraging its large investment portfolio (INR 229.76 Cr in segment assets) to generate non-operational income.

Products & Services

Orthodox tea, wind power generation, and financial investment services.

Brand Portfolio

The Peria Karamalai Tea.

New Products/Services

Continued focus on Orthodox tea diversification; expected revenue contribution from tea and other crops is currently 84.11%.

🌍 External Factors

Industry Trends

The tea industry is shifting toward Orthodox varieties due to better export demand and stable pricing. The industry is currently facing challenges from volatile climate patterns and rising labor costs.

Competitive Landscape

Competes with other Indian tea producers in the South Indian market; characterized by low operating margins (1.3% - 5.2%).

Competitive Moat

Moat is based on established land holdings (four estates) and a long-standing brand since 1913. However, this is weakened by the commodity nature of tea and high sensitivity to weather.

Macro Economic Sensitivity

Highly sensitive to agricultural inflation and labor wage laws in Tamil Nadu.

Consumer Behavior

Shift toward high-quality, specialty teas (Orthodox) which the company is targeting.

⚖️ Regulatory & Governance

Industry Regulations

Subject to the Tea Board of India regulations and environmental norms for plantations and power generation.

Legal Contingencies

A scheme of arrangement involving group company Placid Limited (in which PKTEA holds 17.43% stake) is currently pending before the NCLT, Kolkata.

⚠️ Risk Analysis

Key Uncertainties

Agro-climatic risks (rainfall dependency) and volatility in tea prices could impact profitability by over 50% as seen in the H1 FY26 profit drop.

Geographic Concentration Risk

100% of tea production is concentrated in Tamil Nadu, making the company highly vulnerable to regional weather patterns.

Third Party Dependencies

Significant inter-corporate dependency, with approved loan limits of INR 300 Cr to promoter group companies like Kiran Vyapar Ltd (INR 100 Cr) and LNB Renewable Energy (INR 50 Cr).