---
title: "Tea Time Ltd(Merged) (512011) — Share Price, Financials & Analysis"
symbol: "512011"
company: "Tea Time Ltd(Merged)"
canonical: "https://tapetide.com/stocks/512011"
isin: "INE237U01018"
bse_code: "512011"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T10:59:59.654Z"
---

# Tea Time Ltd(Merged) (512011)

Canonical page: https://tapetide.com/stocks/512011

## Company

- **BSE Code:** 512011
- **ISIN:** INE237U01018
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** teatimeltd.co.in

## About

Tea Time is engaged in the business of Export of manufactured/blended Tea to the middle-east countries.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.93% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 22% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.04 | 0.07 | 0.05 | 0.1 | 0.06 | 0.1 | 0.04 | 0.03 | 0.04 | 0.03 | 0.07 | 0.04 |
| Operating Profit | -0.04 | -0.06 | -0.05 | -0.1 | -0.06 | -0.1 | -0.04 | -0.03 | -0.04 | -0.03 | -0.07 | -0.04 |
| OPM % | — | -600 | — | — | — | — | — | — | — | — | — | — |
| Other Income | -0.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.36 | -0.06 | -0.05 | -0.1 | -0.06 | -0.1 | -0.04 | -0.03 | -0.04 | -0.03 | -0.07 | -0.04 |
| Tax % | 0 | 33.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.36 | -0.08 | -0.05 | -0.1 | -0.06 | -0.1 | -0.04 | -0.03 | -0.04 | -0.03 | -0.07 | -0.04 |
| EPS in Rs | -1.24 | -0.28 | -0.17 | -0.34 | -0.21 | -0.34 | -0.14 | -0.1 | -0.14 | -0.1 | -0.24 | -0.14 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.91 | 2.34 | 1.45 | 0.75 | 0.89 | 0.49 | 0.01 | 0.01 | 0 | 0 |
| Expenses | 1.07 | 1.57 | 1.26 | 0.66 | 0.89 | 0.42 | 0.2 | 0.27 | 0.21 | 0.18 |
| Operating Profit | 1.84 | 0.77 | 0.19 | 0.09 | 0 | 0.07 | -0.19 | -0.26 | -0.21 | -0.18 |
| OPM % | 63.23 | 32.91 | 13.1 | 12 | 0 | 14.29 | -1900 | -2600 | — | — |
| Other Income | 0.01 | 0.01 | 0.01 | 0.02 | -5.98 | -0.03 | -0.67 | 0 | 0 | 0 |
| Interest | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0 | 0 | 0 | 0 |
| Profit before tax | 1.8 | 0.74 | 0.17 | 0.09 | -6 | 0.02 | -0.86 | -0.26 | -0.21 | -0.18 |
| Tax % | 34.44 | 31.08 | 35.29 | 122.22 | -0.83 | 100 | 0 | 7.69 | 0 | — |
| Net Profit | 1.18 | 0.51 | 0.12 | -0.02 | -5.95 | 0.01 | -0.86 | -0.29 | -0.21 | -0.18 |
| EPS in Rs | — | — | — | -0.07 | -20.52 | 0.03 | -2.97 | -1 | -0.72 | -0.62 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2.67 | 2.67 | 2.67 | 2.67 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 |
| Reserves | 27 | 28.18 | 28.69 | 28.8 | 28.55 | 22.6 | 22.61 | 21.75 | 21.46 | 21.25 |
| Borrowings | 0.14 | 0.09 | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 7.16 | 3.35 | 4.36 | 4.34 | 3.71 | 0.03 | 1.54 | 0.02 | 0.01 | 0 |
| Total Liabilities | 36.97 | 34.29 | 35.76 | 35.81 | 35.16 | 25.53 | 27.05 | 24.67 | 24.37 | 24.15 |
| Fixed Assets | 0.17 | 0.13 | 0.09 | 0.06 | 0.04 | 0.02 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8.21 | 8.22 | 8.22 | 17.72 | 8.22 | 3.92 | 3.52 | 2.79 | 2.79 | 2.79 |
| Other Assets | 28.59 | 25.94 | 27.45 | 18.03 | 26.9 | 21.59 | 23.53 | 21.88 | 21.58 | 21.36 |
| Total Assets | 36.97 | 34.29 | 35.76 | 35.81 | 35.16 | 25.53 | 27.05 | 24.67 | 24.37 | 24.15 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -13.09 | 2.13 | -1.7 | 6.93 | -10.26 | 1.13 | -0.93 | -0.35 | -0.02 | 0 |
| Cash from Investing Activity | 3.03 | 2.92 | 2.34 | -8.04 | 10.27 | -0.78 | 0.86 | 0.06 | 0.02 | 0 |
| Cash from Financing Activity | 4.57 | -4.49 | -0.06 | -0.04 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -5.49 | 0.56 | 0.58 | -1.15 | 0 | 0.34 | -0.06 | -0.29 | 0 | 0 |
| Free Cash Flow | -13.28 | 2.13 | -1.7 | 6.93 | -10.26 | -0.87 | -0.93 | -0.35 | -0.01 | 0 |
| CFO/OP | -629 | 116 | -221 | 3647 | -11300 | — | -1300 | 184 | -8 | 0 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 117.32 | 16.31 | 84.23 | 271.86 | 53.53 | 131.24 | 0 | 0 | 0 | — |
| Cash Conversion Cycle | 117.32 | 16.31 | 84.23 | 271.86 | 53.53 | 131.24 | 0 | 0 | 0 | — |
| Working Capital Days | 2790.95 | 2761.96 | 3420.71 | 3443.59 | 11280.93 | 8694.38 | -685.31 | 21900 | 20805 | — |
| ROCE % | 8.73 | 5.96 | 2.41 | 0.54 | 0.29 | 0 | 0.24 | -0.76 | -1.06 | -0.87 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% |
| Public | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% |
| No. of Shareholders | 18 | 18 | 18 | 18 | 18 | 18 |

### Quarterly

| Category | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% |
| Public | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% | 25.05% |
| No. of Shareholders | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2022-03-17 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f540fd3c-acee-4147-b86e-687d747af225.pdf) |
| 2022-03-17 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=07b5bed5-e44f-4ec8-a2a5-2b3a656379fc.pdf) |
| 2022-03-17 | [Record Date For Scheme Of Amalgamation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c982ee6c-6a3e-4e4f-b741-6de4a612a3e4.pdf) |
| 2022-03-17 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f540fd3c-acee-4147-b86e-687d747af225.pdf) |
| 2022-03-17 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/xml-data/corpfiling/AttachHis/07b5bed5-e44f-4ec8-a2a5-2b3a656379fc.pdf) |
| 2022-03-17 | [Record Date For Scheme Of Amalgamation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c982ee6c-6a3e-4e4f-b741-6de4a612a3e4.pdf) |
| 2022-03-16 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cab78ffa-2618-497c-8cc4-6701ea10f0f7.pdf) |
| 2022-03-16 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cab78ffa-2618-497c-8cc4-6701ea10f0f7.pdf) |
| 2022-02-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62782d7f-41ba-4b52-ac87-cf1fb470ec0d.pdf) |
| 2022-02-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/62782d7f-41ba-4b52-ac87-cf1fb470ec0d.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/512011/69312512011.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/512011/65783512011.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/512011/5120110319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/512011/5120110318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/512011/5120110317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/512011/5120110316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/512011/5120110315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/512011/5120110314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/512011/5120110313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/512011/5120110312.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:59.654Z.