Mcleod Russel India Ltd
Mcleod Russel India Ltd (MCLEODRUSS)

Mcleod Russel India Ltd (MCLEODRUSS)

₹32.759.91%

Key Stats

₹32.75
Day's Price Range
₹36.9
₹18.1
52-Week Price Range
₹41.4
1 Month Return51.14 %
3 Month Return83.58 %
1 Year Return23.63 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 234
-2.25
EPS
Rank 241
₹-14.56
BVPS
Rank 88
₹147.22
Dividend Yield
Rank 133
ROE
Rank 362
Price To Book Ratio
0.22
Debt To Asset
Rank 115
0.64

Company Information

The flagship tea company of the B M Khaitan group McLeod Russel India Limited MRIL was originally incorporated as Eveready Company India Private Limited on 5th May 1998. MRIL is the worlds largest tea plantation company which produce over 70 million kilos of high quality tea from our 53 tea estates in Assam and West Bengal. As the largest Indian tea exporter the company maintains strong connections with buyers in the United Kingdom and Europe. The Companys tea is marketed under the registered Elephant trade mark. Apart from the tea McLeod Russel has over the past five years been closely working with local towns and villages throughout North East India with the cultivation of Jatropha Jatropha curcas under Agricultural project which is used to make D1 Oil Bio Diesel. MRIL has the certification for various credentials to its products from Fairtrade Labelling Organisation International FLO Hazard Analysis Critical Control Point HACCP Suppliers Ethical Data Exchange SEDEX and Ethical Tea Partnership ETP. The Company became a deemed Public Company and the word Private was deleted on 6th July 2000. The Bulk Tea Division of Eveready Industries India Limited EIIL with all its assets including 28 Tea Estates liabilities rights and obligations has been transferred to and vested in the company with retrospective effect from 1st April of the year 2004. The Company subsequently amended its Articles of Association to exclude the restrictive Clauses applicable to Private Limited Companies and remained a Public Limited Company. The name of the Company was changed to McLeod Russel India Limited MRIL with effect from 14th February 2005. In July of the year 2005 McLeod Russel had acquired Borelli Tea Holdings Limited from the Magor family based in England and took over the 17 tea gardens of its Indian subsidiary Williamson Tea Assam Ltd. With further acquisitions of the Doom Dooma Tea Company and the Moran Tea Company India in 2006 and 2007 respectively the company established itself to be the largest tea producing company in the world. In October of the year 2007 Moran Tea Company India became as a subsidiary of the company. The BOD of the company had approved the scheme of amalgamation of The Moran Tea Company India with Mcleod Russel India during February of the year 2008 with requisite majority. In October of the same year 2008 MRILs subsidiary Borelli Tea Holdings has signed a term sheet with SA SIPEF NV of Belgium for acquisition of 100 equity stake in Phu Ben Tea Company of Vietnam at a cost of USD 2 million. Mcleod Russel India Ltd plans a capital expenditure of 250 million rupees this financial year 200809.
OrganisationMcleod Russel India Ltd
HeadquartersKolkata
IndustryPlantation & Plantation Products