Norben Tea & Exports Ltd

Norben Tea & Exports Ltd (NORBTEAEXP)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-35.37 %
3 Month Return-19.7 %
1 Year Return-9.41 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 26
Rank 26
Rank 29
Dividend Yield
Rank 17
Rank 19
Price To Book Ratio
Rank 23
Debt To Asset
Rank 29

Company Information

Incorporated on 14 May 90 as Daga Plantations Norben Tea Exports acquired its present name in Apr.94. Promoted by Manoj Kumar Daga. The Company has already completed plantation in 121.46 hectre of land.The company started a new factory to manufacture tea with an installed capacity of 19 lakhs kgs. of made tea per annum. Out of which typewise breakup comprises of 4.2 lakhs kgs. of top quality CTC type and 5 lakhs kgs. of Green Tea. The Company planned to plant new tea estates covering an area of 500 hectares. It has acquried land admeasuring 136.63 hectare and 113.85 hectares at Nagar Berubari in Jalpaiguri District of West Bengal. Major Plant and Machinery such as Tea Processor CTC machine fluid bed drier DG set etc. shall be procured indigenously.The total cost of the project was Rs. 1475 lakhs was met by equity capital of Rs. 1175 lakhs long term borrowings of Rs. 75 lakhs and cash accruals of Rs. 225 lakhs. Commercial production commenced by October 1994.During 199697 trading activities in Malaysianroundlogs has been undertaken as a measure to increase the companys volume of operations. Plantation work is in progress and new plantation is continuing.The comany has exported approximately 182.10 Million Kgs of tea during 200102.
OrganisationNorben Tea & Exports Ltd
IndustryPlantation & Plantation Products