As of 6 Nov 2026, Mcleod Russel India is loss-making on a trailing 12-month basis, with a net loss of ₹93 Cr, so it has no P/E ratio. The share price is ₹43.31, 45% below its 52-week high. Sales fell 4.8% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹1,495 Cr. It is a small-cap company with a market cap of ₹452 Cr, ranked 49th of 127 Packaged Foods companies by market cap; the shares fell 30% over the past year.
- ₹45.00
- ₹45.00
- ₹43.00
- ₹44.69
- 1.8 L
Health check
- ReturnsBehind
−30.1% over a year, better than 1 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthShrinking
Sales −4.8% a year over 3 years.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags5 to check
Loss-making over the last twelve months.
Small cap
High beta
Key metrics
- Market cap
- ₹452 Cr
- Small cap
- P/E
- n/a
- Industry 19.5
- Price to book
- −8.97
- Peers 8.88
- Dividend yield
- 0.00%
- ROE
- −4015.8%
- Peers 14.8%
- ROCE
- −24.1%
- Peers 15.3%
- Debt to equity
- n/a
- Debt ₹1,495 Cr
- EPS (TTM)
- −₹8.92
- Face value ₹5
- OPM (TTM)
- −0.3%
- Net margin −7.8%
- Sales growth
- +21.0%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.38
- EV/EBITDA −398.3
Strengths and risks
Strengths
- Quarterly sales up 21.0% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- Return on equity is low at −4015.8%.
- 45% below its 52-week high.
- Interest coverage of only −0.1×.
About Mcleod Russel India
McLeod Russel India Limited, together with its subsidiaries, engages in the cultivation and production, and sale of tea in India, the United Kingdom, and Europe. It operates tea estates and blending units. The company was founded in 1869 and is based in Kolkata, India.
- Headquarters
- Kolkata
- Employees
- 43,292
- Sector
- Consumer Defensive
- ISIN
- INE942G01012
- Website
- mcleodrussel.com
Price range
- Avg volume (3M)
- 3.5 L
- 1-year return
- minus 30.1%
- From 52-week high
- minus 44.8%
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.95% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 53.5% | 18.0% | 5.7% | 3.0% | 1.82% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.93% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.99% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.88% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 62.2% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| MCLEODRUSSMcleod Russel India | 43.31 | minus 3.09% | 452 | – | −8.97 | −24.1% | −4015.8% | −0.3% | −4.8% | – | 0.00% | minus 30.1% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.95% | −8.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 216 | 363 | 445 | 130 | 261 | |
| 209 | 264 | 438 | 270 | 232 | |
| 7.2 | 98.5 | 7.7 | −139 | 29.1 | |
| 3.3% | 27.1% | 1.7% | −106.9% | 11.2% | |
| 2.2 | 0.6 | 0.1 | 4.5 | 2.6 | |
| 46.1 | 46.6 | 43.7 | 10.5 | 29.3 | |
| 14.9 | 15.1 | 15.1 | 16 | 15.7 | |
| – | – | – | −147 | – | |
| −51.7 | 37.4 | −50.9 | −308 | −13.3 | |
| 15.8% | 22.4% | 28.4% | 76.4% | −0.4% | |
| −43.5 | 29.1 | −36.4 | −72.7 | −13.4 | |
| -4.15 | 2.79 | -3.48 | -6.95 | -1.28 |
Profit & loss
- Sales CAGR 3Y
- −4.8%
- ROE
- −4015.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,329 | 1,118 | 1,172 | 1,147 | |
| – | minus 15.9% | +4.9% | minus 2.1% | |
| 1,238 | 1,221 | 1,147 | 1,168 | |
| 91.6 | −104 | 24.7 | −21.3 | |
| 6.9% | −9.3% | 2.1% | −1.9% | |
| 12.4 | 5.6 | 1.8 | 5.3 | |
| 200 | 202 | 225 | 146 | |
| 69.9 | 65.8 | 61.2 | 61.1 | |
| −928 | 4.3 | 15.6 | −150 | |
| −1,093 | −362 | −245 | −373 | |
| 3.4% | 13.8% | 19.1% | 66.9% | |
| −1,057 | −312 | −198 | −124 | |
| -101.14 | -29.83 | -18.94 | -11.82 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 52.2 | 52.2 | 52.2 | 52.2 | |
| 517 | 198 | 4.4 | −103 | |
| 1,961 | 1,893 | 1,902 | 1,495 | |
| 1,209 | 1,393 | 1,636 | 908 | |
| 3,740 | 3,536 | 3,594 | 2,353 | |
| 1,227 | 1,125 | 1,102 | 1,064 | |
| 48.6 | 45.1 | 41.4 | 38.9 | |
| 52.9 | 62.6 | 58.4 | 4.7 | |
| 14.4 | 6.2 | 8.5 | 59.7 | |
| 2,397 | 2,297 | 2,384 | 1,186 | |
| 3,740 | 3,536 | 3,594 | 2,353 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 205 | 34.3 | 72.4 | 53.3 | |
| −41.4 | 58.8 | −18.9 | −13.5 | |
| −174 | −99.7 | −50.5 | −32.8 | |
| −11 | −6.6 | 3 | 7 | |
| −54.7 | −18.6 | −24.1 | −15.2 | |
| 150 | 15.7 | 48.3 | 38.2 |
Shareholding pattern
- Promoters6.25%
- Public93.75%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 6.25% | 93.75% | 0.00 | |
| 30 Jun 2026 | 6.25% | 93.75% | 0.00 | |
| 31 Mar 2026 | 6.25% | 93.75% | 0.00 | |
| 31 Dec 2025 | 6.25% | 93.75% | 0.00 | |
| 30 Sep 2025 | 6.25% | 93.75% | – |
Major shareholders
Filings & events
News
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