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PKTEA - Peria Kara. Tea

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

📢 Recent Corporate Announcements

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.

PKTEA Q3 Results: Revenue Up 41% to ₹17.57 Cr, Returns to Profitability; New CFO Appointed

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 03 Feb 2026, 12:50 PM

The Peria Karamalai Tea & Produce Company Limited (PKTEA) reported a turnaround in Q3 FY26, posting a net profit of ₹41.01 Lakhs compared to a loss of ₹62.85 Lakhs in the previous year's corresponding quarter. Revenue from operations grew by 41.2% YoY to ₹1,757.28 Lakhs. While the core tea segment reported a loss of ₹201.26 Lakhs, overall profitability was supported by strong performance in the investment segment and a one-time profit of ₹137.92 Lakhs from land sales. Additionally, the company strengthened its leadership by appointing Mr. Anup Kumar Gupta as the Chief Financial Officer.

Revenue from operations increased to ₹1,757.28 Lakhs in Q3 FY26 from ₹1,244.42 Lakhs in Q3 FY25.
Net Profit after tax stood at ₹41.01 Lakhs, recovering from a net loss of ₹62.85 Lakhs YoY.
Other income includes a significant profit of ₹137.92 Lakhs from the sale of Windmill land at Aralvaimozhi.
The Investment segment was the primary profit driver with a segment result of ₹516.96 Lakhs.
Mr. Anup Kumar Gupta, a CA with 10+ years of experience, appointed as CFO effective February 3, 2026.

💡 Investors should note the turnaround to profitability, though it was heavily supported by non-core income and land sales. Monitor the core tea segment for operational recovery and the impact of the new CFO on financial management.

PKTEA Q3 Results: Turnaround to ₹41 Lakh Profit; Appoints Anup Kumar Gupta as CFO

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 03 Feb 2026, 12:49 PM

The Peria Karamalai Tea & Produce Company (PKTEA) reported a significant turnaround in Q3 FY26, posting a net profit of ₹41.01 Lakhs compared to a net loss of ₹362.85 Lakhs in the same period last year. Revenue from operations grew by 41.2% YoY to ₹1,757.28 Lakhs, supported by a strong recovery in the investment segment. The company also announced the appointment of Mr. Anup Kumar Gupta as the new CFO, effective February 3, 2026. However, investors should note that the bottom line was aided by a one-time gain of ₹137.92 Lakhs from the sale of windmill land.

Revenue from operations rose 41.2% YoY to ₹1,757.28 Lakhs in Q3 FY26.
Reported a Net Profit of ₹41.01 Lakhs vs a Net Loss of ₹362.85 Lakhs in Q3 FY25.
Other income included a one-time profit of ₹137.92 Lakhs from the sale of windmill land in Tamil Nadu.
Investment segment revenue turned positive at ₹521.14 Lakhs compared to a loss of ₹184.37 Lakhs YoY.
Appointed Mr. Anup Kumar Gupta, a CA with 10+ years of experience, as Chief Financial Officer.

💡 The shift from loss to profit is encouraging, but the reliance on one-time land sale gains for the bottom line warrants caution. Investors should monitor if the core tea business and investment segment can maintain this momentum without exceptional items.

PKTEA Shareholders Approve Reappointment of Gaurav Jalan as Independent Director for 5 Years

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 30 Jan 2026, 06:45 PM

The Peria Karamalai Tea & Produce Company Limited (PKTEA) has announced the results of a postal ballot regarding the reappointment of Mr. Gaurav Jalan as an Independent Non-Executive Director. The special resolution was passed with a significant majority, securing 99.77% of the total votes cast. The reappointment is for a second term of five consecutive years, ensuring continuity in the company's independent board oversight. A total of 2,080,180 votes were polled, representing approximately 67.19% of the total shares held.

Special Resolution passed for the reappointment of Mr. Gaurav Jalan for a 5-year term.
Total votes polled: 2,080,180, with 99.77% (2,075,475 votes) in favor.
Promoter and Promoter Group voted 100% in favor with 2,028,847 votes.
Public non-institutional shareholders cast 51,333 votes, with 90.83% in favor and 9.17% against.
The voting period concluded on January 29, 2026, with results declared on January 30, 2026.

💡 This is a routine governance matter that ensures management stability. Investors should continue to focus on the company's core operational performance in the tea production sector.

PKTEA Submits SEBI Compliance Certificate for Quarter Ended December 31, 2025

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Jan 2026, 06:44 PM

The Peria Karamalai Tea & Produce Company Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Registrar MUFG Intime India Private Limited, confirms the processing of dematerialization requests for the period ending December 31, 2025. It verifies that physical security certificates were mutilated, cancelled, and the names of depositories were updated in the register of members. This filing is a standard procedural requirement for listed companies in India to ensure the integrity of the dematerialization process.

Compliance certificate submitted for the quarter ended December 31, 2025
Issued by Registrar and Share Transfer Agent, MUFG Intime India Private Limited
Confirms that securities received for dematerialization were listed on stock exchanges
Confirms physical certificates were mutilated and cancelled within prescribed timelines
Ensures the name of depositories was substituted in the register of members as registered owners

💡 No action is required from investors as this is a routine regulatory filing confirming the company's administrative compliance with SEBI regulations.

PKTEA Seeks Shareholder Approval for Re-appointment of Independent Director Gaurav Jalan

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 30 Dec 2025, 01:27 PM

The Peria Karamalai Tea & Produce Company Limited has issued a postal ballot notice to seek shareholder approval for the re-appointment of Mr. Gaurav Jalan as an Independent Non-Executive Director. The proposed second term spans five consecutive years, effective from November 10, 2025, to November 9, 2030. Shareholders as of the cut-off date of December 26, 2025, are eligible to vote via the CDSL e-voting platform. The voting period is scheduled to run from December 31, 2025, through January 29, 2026.

Proposed re-appointment of Mr. Gaurav Jalan for a second 5-year term ending November 9, 2030
E-voting period commences on December 31, 2025, and concludes on January 29, 2026
Cut-off date for determining voting eligibility is fixed as December 26, 2025
The appointment requires approval via a Special Resolution from the members
M/s Vinod Kothari & Company has been appointed as the Scrutinizer for the postal ballot process

💡 Investors should review the director's credentials and participate in the e-voting process before the January 29, 2026 deadline. This is a routine governance matter and no immediate portfolio action is required.

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).