Rossell India Limited (ROSSELLIND) AI Stock Analysis

• Market Cap: ₹2.81B
• Dividend Yield: 0.77%
• Average Volume (3M): 2.83K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.02
• Revenue Growth: -41.27%
• EPS Growth: 10.11%
• Country: IN
• Employees: 5,619
• Sector: Services
• Sector Strength: N/A
• Industry: Conglomerates
• EPS (TTM): 1.14
• Shares Outstanding: 62,428,270
• 10 Day Avg. Volume: 1,066
• 30 Day Avg. Volume: 2,827
• PEG Ratio: 0.22
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 1.31
• P/FCF Ratio: 14.11
• 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: 60 Neutral
• Price Target: ₹47.00 ▼(-3.35% Downside)
• Action: Reiterated Date: 11/22/25
• Date: Action: Reiterated 11/22/25

Rossell India Limited's overall stock score is driven by a solid financial foundation and attractive valuation, but is negatively impacted by bearish technical indicators. The company's profitability and capital structure are strong, yet declining revenues and cash flow challenges require strategic focus. The stock's undervaluation presents an opportunity, but technical analysis suggests caution due to current bearish momentum.

Positive Factors

Stable balance sheet and reduced leverage

A stable balance sheet with a healthy equity ratio and falling debt-to-equity reduces financial risk and preserves borrowing capacity. This durable strength supports capital allocation for estates and aviation operations, helping absorb commodity or demand shocks over the coming months.

Resilient margins and profitability

Consistently strong gross and operating margins indicate effective cost control in tea processing and aviation services. Margin resilience helps protect earnings during revenue softness, enabling continued internal funding for upkeep of estates and service capabilities over a multi-month horizon.

Diversified business model (Tea + Aviation)

Operating both tea estates and aviation services reduces single-industry exposure. Agricultural revenue cycles differ from aviation service demand, providing structural diversification that can stabilize cash flows and operational risk across seasonal and market cycles for a sustained period.

Negative Factors

Declining revenue trend

A steep year-over-year revenue decline signals weakening top-line momentum that can erode economies of scale and strain reinvestment capacity. If revenue contraction persists, margin maintenance and funding for estate upkeep or aviation contracts could become more difficult over the next several quarters.

Inconsistent cash flow recovery

Although free cash flow rebounded in 2025, the prior negative figures and the need for consistent improvement highlight cash generation volatility. This intermittence can limit ability to fund capex, working capital, or strategic investments without tapping external financing in the medium term.

Shrinking asset base and ROE volatility

A reduction in total assets alongside volatile ROE suggests the company faces structural pressure on scale or asset utilization. Shrinking asset base may reflect sales or underinvestment, increasing execution risk for estate productivity and service capacity over coming months unless addressed strategically.

Rossell India Limited Business Overview & Revenue Model

Company Description

Rossell India Limited engages in cultivation, manufacture, and sale of black tea primarily in India. It operates through Cultivation, Manufacture, and Sale of Tea; and Aviation Products and Services. The company also designs and develops avionics equipment; and offers black pepper. In addition, it provides wire harness and interconnect systems; electronic systems and systems integration; test solutions; and after-market product support services. The company owns and operates six tea estates in Assam. It also exports its products to the United States, the United Kingdom, France, Germany, and other countries. The company was formerly known as Rossell Tea Limited and changed its name to Rossell India Limited in April 2011. The company was incorporated in 1994 and is headquartered in New Delhi, India. Rossell India Limited is a subsidiary of BMG Enterprises Ltd.

How the Company Makes Money

Rossell India primarily makes money through two operating segments: (1) Tea: It earns revenue from the sale of tea produced from its tea gardens/estates. This model involves cultivating tea leaves, processing/manufacturing made-tea in its facilities, and selling finished tea to buyers (e.g., through domestic trade channels and/or exports depending on contracts and market access). Earnings in this segment are influenced by tea prices, crop yield, quality, input costs (labor, fertilizers, energy), and weather/estate productivity. (2) Aviation services: It generates revenue by providing aviation-related services to customers in the aviation ecosystem (e.g., airlines/aircraft operators and related clients) under service contracts. Income in this segment is driven by the volume and scope of services delivered, contract terms, utilization, and customer demand in the aviation market. null

Rossell India Limited Financial Statement Overview

Summary

Rossell India Limited demonstrates a solid financial foundation with strengths in profitability and capital structure. However, declining revenues and cash flow challenges highlight areas needing strategic focus. Continued emphasis on revenue growth and cash flow management will be crucial for maintaining financial health and supporting future expansion.

Income Statement

Rossell India Limited shows a mixed performance in its income statement. The gross profit margin is strong, indicating efficient cost management, but the declining revenue trend from 2024 to 2025 is concerning. Net profit margin has improved in 2025, suggesting better profitability despite lower revenues. EBITDA and EBIT margins remain healthy, reflecting stable underlying business operations. However, the sharp reduction in revenue growth rate poses a risk to future profitability.

Balance Sheet

The balance sheet of Rossell India Limited is stable with a healthy equity ratio, indicating a strong capital base. The debt-to-equity ratio has decreased over time, reducing financial leverage and enhancing financial stability. Return on equity shows some volatility but remains positive, highlighting effective use of equity to generate profits. The company maintains a solid asset base, although total assets decreased in 2025, necessitating careful asset management.

Cash Flow

Rossell India Limited's cash flow indicates a recovery in free cash flow for 2025, a positive sign after negative figures in 2024. Operating cash flow to net income ratio suggests good cash generation capability relative to net income. Free cash flow to net income ratio shows a rebound, yet needs consistent improvement to ensure sustained cash flow health. While investment activities show reduced cash outflow, further optimization is needed for cash flow resilience.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.92B	1.77B	1.45B	3.49B	2.93B	3.15B
Gross Profit	1.75B	1.52B	2.14B	2.44B	2.00B	2.11B
EBITDA	308.40M	295.70M	432.78M	567.50M	559.19M	682.25M
Net Income	194.90M	196.90M	127.26M	276.49M	300.12M	329.12M
Balance Sheet
Total Assets	3.35B	3.07B	5.72B	5.14B	4.48B	4.36B
Cash, Cash Equivalents and Short-Term Investments	185.90M	413.80M	279.32M	164.70M	19.17M	12.59M
Total Debt	784.70M	862.20M	1.94B	1.62B	1.53B	1.77B
Total Liabilities	1.12B	1.17B	2.75B	2.27B	2.02B	2.20B
Stockholders Equity	2.23B	1.90B	2.97B	2.87B	2.46B	2.16B
Cash Flow
Free Cash Flow	-124.10M	164.00M	-102.72M	800.00K	179.06M	265.13M
Operating Cash Flow	-96.10M	325.80M	57.60M	258.80M	332.16M	361.43M
Investing Cash Flow	227.60M	-899.00M	-240.25M	-403.50M	5.00M	-45.15M
Financing Cash Flow	-129.10M	569.10M	199.92M	136.80M	-330.58M	-328.71M

Rossell India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 48.63
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ROSSELLIND, the sentiment is Negative. The current price of 48.63 is above the 20-day moving average (MA) of 45.07, above the 50-day MA of 45.43, and below the 200-day MA of 59.27, indicating a bearish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 48.22 is Neutral, neither overbought nor oversold. The STOCH value of 63.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ROSSELLIND.

Rossell India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADVANIHOTR	72 Outperform	₹4.73B	12.58	―	3.31%	0.14%	7.90%
ROSSELLIND	60 Neutral	₹2.81B	11.10	―	0.77%	-41.27%	10.11%
SINCLAIR	59 Neutral	₹3.80B	18.56	―	0.94%	-0.10%	-54.46%
SPECIALITY	56 Neutral	₹4.59B	15.98	―	0.87%	6.66%	-21.40%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
BYKE	54 Neutral	₹1.71B	41.80	―	―	18.81%	-26.71%