Mcleod Russel India Share Price & Earnings Call Analysis
- Market cap
- ₹473 Cr
- P/E
- 8.84
- ROE
- 787.64%
- PEG
- 0.31
- Price to sales
- 0.40
- Debt to equity
- 33.57
- 52W high / low
- ₹78.4 / ₹29.0
- Sales growth (5Y)
- -4.30%
- EBITDA margin
- -0.33%
- Net profit margin
- 2.10%
- Promoter holding
- 6.25%
- Sales (last year)
- ₹1,200 Cr
Incorporated in 1998, McLeod Russel India Ltd is in the business of cultivation and manufacturing of tea[1]
Potential multibaggers · Q2 FY27
Potential multibaggers in Agricultural Food & other Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Mcleod Russel India latest results (Dec 2025)
Revenue
₹445 Cr
+20% YoY
Net profit
₹-36 Cr
Operating margin
2%
EPS
₹-3.49
Peers
Agricultural Food & other Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹2,344 Cr | 29.8 | |
| 2 | 40%+ | Up 0–2% | ₹916 Cr | 14.1 | |
| 3 | 40%+ | Up 0–2% | ₹131 Cr | 6.6 | |
| 4 | 40%+ | Flat | ₹25 Cr | 13.1 | |
| 5 | 20–40% | Up 2%+ | ₹13,919 Cr | 33.2 | |
| 6 | 20–40% | Up 2%+ | ₹227 Cr | 14.2 |
Sign up free to see every company in the sector ranking and track Mcleod Russel.
Pro shows every company guiding 40%+ revenue growth →Full Agricultural Food & other Products rankingFinancials of Mcleod Russel
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Mcleod Russel
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 489 | 226 | 226 | 366 | 349 | 195 | 197 | 453 | 371 | 165 | 216 | 363 | 445 |
| Expenses + | 517 | 326 | 231 | 243 | 389 | 381 | 185 | 295 | 397 | 291 | 209 | 264 | 438 |
| Operating Profit | -28 | -100 | -5 | 123 | -40 | -186 | 12 | 158 | -26 | -125 | 7 | 98 | 8 |
| OPM % | -6% | -44% | -2% | 34% | -12% | -96% | 6% | 35% | -7% | -76% | 3% | 27% | 2% |
| Other Income + | 3 | -928 | 3 | 2 | 5 | 6 | 21 | 1 | 1 | 1 | 2 | 1 | 0 |
| Interest | 40 | 74 | 55 | 48 | 47 | 54 | 48 | 49 | 62 | 67 | 46 | 47 | 44 |
| Depreciation | 18 | 17 | 16 | 18 | 16 | 16 | 15 | 15 | 15 | 16 | 15 | 15 | 15 |
| Profit before tax | -84 | -1,120 | -73 | 60 | -98 | -250 | -30 | 95 | -102 | -207 | -52 | 37 | -51 |
| Tax % | -16% | -4% | -1% | -3% | -17% | -13% | -31% | 11% | -15% | -16% | -16% | 22% | -28% |
| Net Profit + | -71 | -1,078 | -73 | 61 | -82 | -218 | -21 | 85 | -87 | -174 | -43 | 29 | -36 |
| EPS in Rs | -6.78 | -103.23 | -6.96 | 5.85 | -7.82 | -20.91 | -1.98 | 8.09 | -8.36 | -16.70 | -4.16 | 2.78 | -3.49 |
Financials of Mcleod Russel
Profit & Loss
Annual income statement trend
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,789 | 1,646 | 1,926 | 1,871 | 2,055 | 1,723 | 1,143 | 1,438 | 1,356 | 1,370 | 1,136 | 1,185 | 1,190 |
| Expenses + | 1,436 | 1,516 | 1,754 | 1,761 | 1,903 | 1,763 | 1,101 | 1,243 | 1,288 | 1,275 | 1,245 | 1,164 | 1,201 |
| Operating Profit | 353 | 130 | 172 | 110 | 152 | -41 | 42 | 195 | 68 | 95 | -109 | 21 | -12 |
| OPM % | 20% | 8% | 9% | 6% | 7% | -2% | 4% | 14% | 5% | 7% | -10% | 2% | -1% |
| Other Income + | 42 | 43 | 88 | 184 | 382 | 523 | 73 | 20 | 10 | -918 | 17 | 22 | 4 |
| Interest | 60 | 72 | 109 | 136 | 180 | 338 | 227 | 205 | 165 | 201 | 203 | 226 | 204 |
| Depreciation | 38 | 77 | 102 | 104 | 102 | 84 | 78 | 90 | 75 | 70 | 66 | 61 | 61 |
| Profit before tax | 297 | 25 | 49 | 55 | 252 | 61 | -189 | -80 | -162 | -1,093 | -362 | -245 | -272 |
| Tax % | 12% | -38% | 29% | -18% | 13% | 36% | -22% | -34% | 12% | -3% | -14% | -19% | |
| Net Profit + | 261 | 33 | 35 | 64 | 219 | 39 | -148 | -52 | -181 | -1,057 | -312 | -198 | -225 |
| EPS in Rs | 23.49 | 2.85 | 2.56 | 5.35 | 19.00 | 3.05 | -14.15 | -5.02 | -17.32 | -101.14 | -29.83 | -18.94 | -21.57 |
| Dividend Payout % | 30% | 105% | 59% | 4% | 2% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Mcleod Russel
Balance Sheet
Capital structure and asset base
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 55 | 55 | 41 | 41 | 46 | 44 | 52 | 52 | 52 | 52 | 52 | 52 | 52 |
| Reserves | 2,102 | 2,037 | 1,909 | 1,918 | 2,121 | 1,971 | 1,802 | 1,771 | 1,596 | 517 | 198 | 4 | 11 |
| Borrowings + | 304 | 602 | 836 | 936 | 1,091 | 1,812 | 2,346 | 2,261 | 2,089 | 1,961 | 1,892 | 1,902 | 1,911 |
| Other Liabilities + | 427 | 395 | 604 | 557 | 585 | 733 | 735 | 824 | 1,025 | 1,209 | 1,394 | 1,636 | 1,782 |
| Total Liabilities | 2,888 | 3,089 | 3,390 | 3,452 | 3,843 | 4,559 | 4,935 | 4,908 | 4,763 | 3,740 | 3,536 | 3,594 | 3,756 |
| Fixed Assets + | 2,073 | 2,165 | 2,164 | 2,137 | 2,120 | 1,475 | 1,426 | 1,397 | 1,395 | 1,386 | 1,280 | 1,260 | 1,244 |
| CWIP | 53 | 63 | 96 | 91 | 107 | 89 | 93 | 67 | 56 | 47 | 45 | 41 | 47 |
| Investments | 13 | 12 | 78 | 72 | 96 | 101 | 11 | 53 | 62 | 52 | 62 | 58 | 70 |
| Other Assets + | 749 | 848 | 1,051 | 1,151 | 1,520 | 2,893 | 3,406 | 3,391 | 3,250 | 2,254 | 2,148 | 2,234 | 2,395 |
| Total Assets | 2,888 | 3,089 | 3,390 | 3,452 | 3,843 | 4,559 | 4,935 | 4,908 | 4,763 | 3,740 | 3,536 | 3,594 | 3,756 |
Financials of Mcleod Russel
Cash Flows
Operating, investing and financing cash movement
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 197 | 108 | 207 | 137 | 196 | 280 | 84 | 178 | 105 | 205 | 34 | 72 |
| Cash from Investing Activity + | -135 | -271 | -289 | -68 | -147 | -323 | -740 | -1 | -57 | -42 | 57 | -19 |
| Cash from Financing Activity + | -60 | 159 | 85 | -64 | -28 | 320 | 362 | -132 | -120 | -174 | -100 | -50 |
| Net Cash Flow | 2 | -5 | 3 | 5 | 21 | 277 | -295 | 45 | -72 | -11 | -9 | 3 |
| Free Cash Flow | 30 | -34 | 62 | 43 | 107 | 804 | 233 | 144 | 45 | 159 | 17 | 50 |
| CFO/OP | 75% | 106% | 133% | 148% | 161% | -722% | 189% | 68% | 162% | 226% | -18% | 410% |
Financials of Mcleod Russel
Ratios
Working capital efficiency and return ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 19 | 24 | 21 | 22 | 8 | 11 | 8 | 13 | 11 | 15 | 15 |
| Inventory Days | 281 | 354 | 244 | 274 | 251 | 275 | 486 | 352 | 288 | 422 | 343 | |
| Days Payable | 101 | 169 | 132 | 135 | 136 | 212 | 223 | 192 | 204 | 349 | 345 | |
| Cash Conversion Cycle | 189 | 204 | 135 | 161 | 137 | 71 | 273 | 168 | 97 | 84 | 13 | 15 |
| Working Capital Days | -14 | 0 | 14 | 7 | 58 | -345 | -734 | -624 | -661 | -708 | -933 | -938 |
| ROCE % | 15% | 4% | 6% | 6% | 8% | 3% | -0% | 3% | 0% | 1% | -7% | -2% |
Momentum score · price trend
22 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,937 stocks |
|---|---|---|
| Last 12 months | −6.8% | 47% |
| Last 6 months | −2.5% | 42% |
| Last 3 months | −7.4% | 39% |
The price is 86.5% below its all-time high of ₹382.95 (22 Feb 2013). Stocks more than 20% below their peak have their score halved, so 44 became 22.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,937 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Mcleod Russel: 0.4 × 47 + 0.4 × 42 + 0.2 × 39 = 44, halved to 22 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Mcleod Russel India: frequently asked questions
What is Mcleod Russel India share price today?
Mcleod Russel India last traded at ₹45.15, with a market capitalisation of ₹473 Cr and a P/E ratio of 8.8.
What were Mcleod Russel India's latest quarterly results?
For the quarter ended Dec 2025, Mcleod Russel India reported revenue of ₹445 Cr (+20% year on year) and net profit of ₹-36 Cr, with an operating margin of 2%.
Is Mcleod Russel India's profit growing?
Net profit was ₹-36 Cr in Dec 2025 against ₹-87 Cr in Dec 2024.
What is Mcleod Russel India's EPS?
Mcleod Russel India's earnings per share for the quarter ended Dec 2025 was ₹-3.49.
What is Mcleod Russel India's ROE and ROCE?
Mcleod Russel India's return on equity is -142% and its return on capital employed is -1.85%.
Does Mcleod Russel India pay a dividend?
Mcleod Russel India's dividend yield is 0% at the current price; see the Mcleod Russel India dividends page for past payouts.
Which sector does Mcleod Russel India belong to?
Mcleod Russel India is in the Agricultural Food & other Products sector. Its peer comparison and sector ranking are on this page.
How does Arthneeti AI analyse Mcleod Russel India?
Arthneeti reads Mcleod Russel India's earnings call transcripts and filings and scores revenue growth, margins, capex and fundraising, then ranks the company against its sector.
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