Norben Tea & Exports Ltd. (NORBTEAEXP) AI Stock Analysis

• Market Cap: ₹1.45B
• Dividend Yield: N/A
• Average Volume (3M): 575.00
• Price to Earnings (P/E): 391.9
• Beta (1Y): -0.35
• Revenue Growth: -5.84%
• EPS Growth: 50.29%
• Country: IN
• Employees: 91
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): 0.06
• Shares Outstanding: 15,544,100
• 10 Day Avg. Volume: 422
• 30 Day Avg. Volume: 575
• PEG Ratio: 2.91
• Price to Book (P/B): 2.84
• Price to Sales (P/S): 6.07
• P/FCF Ratio: -24.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: ₹87.00 ▼(-12.57% Downside)
• Action: Reiterated Date: 01/04/26
• Date: Action: Reiterated 01/04/26

The score is held down primarily by weak financial performance (inconsistent profitability and negative cash flows) and poor valuation signals from a negative P/E. Strong technical uptrend supports the score, but extremely overbought indicators raise near-term downside risk.

Positive Factors

Export-oriented business model

An export-oriented tea business provides durable market diversification beyond domestic demand. Over 2-6 months this structural orientation supports revenue channels across geographies, helps absorb local shocks, and offers long-term growth avenues if operational execution and trade access remain intact.

Reasonable equity financing / moderate stability

A balance sheet with a reasonable equity ratio and only moderate leverage gives the company structural resilience. This mix supports access to incremental financing, cushions against temporary losses, and provides a firmer base to fund export working capital needs over the medium term.

Low market correlation (Beta)

A materially negative beta implies low or inverse correlation with broader market moves, which is a durable portfolio characteristic. For long-term stakeholders this can reduce volatility and provide defensive qualities during market selloffs, aiding capital preservation.

Negative Factors

Negative operating and free cash flow

Persistent negative operating and free cash flow materially constrain the company's ability to fund working capital, capex, or expansion without external financing. For an exporter with seasonally lumpy receipts, ongoing negative cash generation raises solvency and continuity risks over the medium term.

Inconsistent profitability; negative net margin

A negative net margin and volatile gross margins indicate structural margin pressure. This undermines retained earnings and return metrics, limiting reinvestment capacity. Without steady margin improvement, long-term competitiveness and ability to sustain export operations are at risk.

Weak revenue and earnings growth trends

Substantial negative revenue and EPS growth reflect shrinking sales and collapsing earnings power. Over 2-6 months these trends erode scale, pricing leverage, and ability to cover fixed export costs, making recovery dependent on material operational or market-structure improvements.

Norben Tea & Exports Ltd. Business Overview & Revenue Model

Company Description

Norben Tea & Exports Limited engages in the growing, manufacturing, and marketing of tea in India. It offers Indian teas, flavor teas, green teas, and teabags. The company also exports its products. Norben Tea & Exports Limited was incorporated in 1990 and is based in Kolkata, India.

How the Company Makes Money

Norben Tea & Exports Ltd. generates revenue primarily through the sale of its tea products to international markets. The company has established key revenue streams through direct sales to wholesalers, retailers, and specialty tea shops, as well as through online sales channels. Additionally, NORBTEAEXP may engage in bulk contracts with distributors and importers, which provide a steady flow of income. Strategic partnerships with local farmers help ensure a consistent supply of raw materials while supporting fair trade practices. The company might also benefit from branding efforts that enhance its market presence, allowing it to command premium pricing for its high-quality tea offerings.

Norben Tea & Exports Ltd. Financial Statement Overview

Summary

Overall financial health appears strained: inconsistent profitability with a negative latest-year net margin, moderate leverage, and weak cash generation with negative operating and free cash flow.

Income Statement

Norben Tea & Exports Ltd. has shown volatility in its income statement. The gross profit margin has fluctuated significantly, and the net profit margin is negative in the latest year, indicating challenges in profitability. Revenue growth is inconsistent, reflecting variability in sales performance. The EBIT and EBITDA margins show a mixed performance, with occasional profitability but also periods of losses.

Balance Sheet

The company's balance sheet reflects moderate leverage with a debt-to-equity ratio showing some reliance on debt financing. The equity ratio indicates a reasonable level of equity financing relative to total assets, suggesting moderate financial stability. Return on equity has been inconsistent, partly due to fluctuations in net income, impacting overall shareholder returns.

Cash Flow

Norben Tea & Exports Ltd. faces challenges in cash flow management. Operating cash flow is negative in the latest year, highlighting potential liquidity issues. The free cash flow is also negative, indicating cash constraints after capital expenditures. These factors suggest difficulties in generating sufficient cash flows from operations and investments.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	75.99M	76.52M	65.75M	77.76M	59.67M	74.62M
Gross Profit	72.69M	32.76M	-2.07M	78.89M	63.33M	75.46M
EBITDA	17.62M	15.62M	-488.34K	17.12M	9.80M	24.73M
Net Income	716.00K	-1.77M	-17.01M	2.12M	-2.66M	11.77M
Balance Sheet
Total Assets	0.00	280.69M	258.32M	257.13M	240.96M	229.65M
Cash, Cash Equivalents and Short-Term Investments	4.17M	4.88M	2.42M	6.83M	1.08M	4.14M
Total Debt	0.00	93.41M	104.33M	90.51M	76.93M	66.28M
Total Liabilities	-163.21M	117.48M	127.33M	108.63M	94.88M	81.10M
Stockholders Equity	163.21M	163.21M	127.56M	148.49M	146.08M	148.55M
Cash Flow
Free Cash Flow	0.00	-18.99M	-2.98M	-5.18M	-6.70M	11.22M
Operating Cash Flow	0.00	-1.55M	9.38M	10.08M	5.89M	23.48M
Investing Cash Flow	0.00	-17.43M	-11.85M	-14.57M	-12.41M	-11.86M
Financing Cash Flow	0.00	20.73M	3.09M	5.26M	4.70M	-12.08M

Norben Tea & Exports Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 99.51
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NORBTEAEXP, the sentiment is Positive. The current price of 99.51 is above the 20-day moving average (MA) of 88.99, above the 50-day MA of 89.67, and above the 200-day MA of 57.85, indicating a bullish trend. The MACD of 2.19 indicates Negative momentum. The RSI at 56.65 is Neutral, neither overbought nor oversold. The STOCH value of 49.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NORBTEAEXP.

Norben Tea & Exports Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UNITEDTEA	74 Outperform	₹2.50B	10.75	―	0.67%	―	―
GROBTEA	70 Outperform	₹1.05B	4.09	―	0.30%	-20.04%	-104.83%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
JAYSREETEA	61 Neutral	₹2.19B	-41.93	―	0.57%	5.48%	816.63%
NORBTEAEXP	47 Neutral	₹1.45B	391.89	―	―	-5.84%	50.29%
DTIL	43 Neutral	₹1.40B	-5.93	―	0.62%	11.82%	92.76%