Bombay Burmah Trading Corporation Ltd
Tea & Coffee
FV – Rs 2; 52wks H/L –611.95/311; TTQ – 1.54 Lacs; CMP – Rs 491 (As On August 9 2016; 11.00);
Market Cap – Rs 3426 Crs
Consolidated Financials and Valuations for FY16 (Amt in Rs Crs unless specified)
Equity Capital |
Net worth |
Long Term Debt | Total Sales |
PAT | BV (Rs) |
EPS (Rs) |
P/E |
Industry P/E |
P/BV |
Promoter’s Stake |
Beta |
| 13.95 | 1885 | 310 | 9071 | 380.96 | 270 | 54.62 | 9 | 21.54 | 1.8 | 65.91 | 1.96 |
Standalone Financials and Valuations for Q4 FY16
Equity Capital |
Net worth |
Total Sales |
PAT | BV (Rs) |
TTM EPS (Rs) |
TTM P/E |
Industry P/E |
P/BV |
Promoter’s Stake |
Beta |
| 13.95 | 1885 | 60 | -16.24 | 270 | -2.33 | – | 21.54 | 1.8 | 65.91 | 1.96 |
Valuation Parameters:
- Long Term Debt to Equity – 0.16
- ROE % – 20.21
- Market Cap/Sales – 0.38
Bombay Burmah Trading Corp(BBTC) is a holding company for Britannia and other companies of Wadias. BBTC holds 50.75% in Britannia. (Market Cap of Britannia is Rs.37647 Crs.)
During FY2015 the company sold its Land and Building in Padi, Chennai resulting in a profit of Rs.159.92 Crs.
Overview:
- The Bombay Burmah Trading Corporation Ltd operates through the following segments: Plantation Products (produces/trades in Tea, Coffee, Timber, Cardamom and Pepper); Dental Products (manufactures/trades in Health Care/Dental products); Auto Ancillary Products (manufactures, solonoids, switches, valves, slip rings etc. for automobile and other industries); Investments (invests in various securities listed as well as unlisted mainly on a long term basis); Weighing Products (manufactures/trades in Analytical, Precision Balances and Weighing Scales), and Real Estate (represents property development).
- It operates through the following subsidiaries: Dowbiggin Enterprises Pte. Limited, Nacupa Enterprises Pte. Limited, Spargo Enterprises Pte. Limited, Valletort Enterprises Pte. Limited and Bannatyne Enterprises Pte. Limited.
| Business | % to total turnover of the company |
| Tea | 36.79 |
| Coffee | 7.51 |
| Autoancillary | 43.07 |
| Dental Products | 9.74 |
Management:
- Nusli Wadia – Chairman
- Ness Wadia – MD
- Amit Chhabra – CFO
The Equity Capital is @ Rs 13.96 Crs consisting of 69771900 equity Shares of FV Rs 2 currently held as under
2.85% Of the Promoter’s Holding is pledged.
Major Non-Promoter Holdings:
| Sr.No | Non – Promoters | No. of Shares held | % of shares held |
| 1 | Wallace Brothers Trading & Ind Ltd | 5660700 | 8.11 |
| 2 | Reliance Cap. Trustee Co. Ltd A/c. Reliance Regular Savings Fund – Equity | 2050000 | 2.94 |
| Total | 7710700 | 11.05 |
Consolidated Financial Trends (In Rs. Crs) :
| Particulars | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
| Equity Paid Up | 13.95 | 13.95 | 13.95 | 13.95 | 13.95 | 13.95 |
| Networth | 1885 | 1563 | 1290 | 1145 | 1091 | 900 |
| Total Debt | 760 | 812 | 779 | 892 | 799 | 1281 |
| Net Sales | 9071 | 8352 | 7359 | 6595 | 6004 | 5303 |
| Other Income | 102 | 155 | 88 | 76 | 76 | 156 |
| PAT | 380.96 | 356.87 | 207.11 | 132.27 | 230.16 | 117.63 |
| Book Value (Rs) | 270 | 224 | 185 | 164 | 156 | 129 |
| EPS (Rs) | 54.62 | 51.16 | 29.69 | 18.96 | 33.00 | 16.86 |
