---
title: "Apeejay Tea Ltd (Merged) (ASSAMFRONT) — Share Price, Financials & Analysis"
symbol: "ASSAMFRONT"
company: "Apeejay Tea Ltd (Merged)"
canonical: "https://tapetide.com/stocks/ASSAMFRONT"
generated_at: "2026-10-13T10:59:30.060Z"
---

# Apeejay Tea Ltd (Merged) (ASSAMFRONT)

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

## Company

- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company's working capital requirements have reduced from 211 days to 89.5 days

### Weaknesses

- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.12.4 Cr.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 78% |
| revenue growth | -1% |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 59162 | 59381 | 59692 | 60583 | 61237 | 62613 | 64259 | 63973 | 64479 | 63437 | 65799 | 67087 |
| Expenses | 43388 | 44383 | 43946 | 44195 | 44073 | 45951 | 47528 | 46939 | 47499 | 46562 | 47821 | 48818 |
| Operating Profit | 15774 | 14998 | 15746 | 16388 | 17164 | 16662 | 16731 | 17034 | 16980 | 16875 | 17978 | 18269 |
| OPM % | 27 | 25 | 26 | 27 | 28 | 27 | 26 | 27 | 26 | 27 | 27 | 27 |
| Other Income | 1175 | 1397 | 1006 | -96 | 1157 | 962 | 729 | 1243 | 1028 | 1660 | -268 | -2273 |
| Interest | 272 | 163 | 159 | 230 | 226 | 173 | 162 | 234 | 227 | 195 | 229 | 538 |
| Depreciation | 1286 | 1243 | 1263 | 1233 | 1246 | 1220 | 1266 | 1377 | 1379 | 1361 | 1413 | 1380 |
| Profit before tax | 15391 | 14989 | 15330 | 14829 | 16849 | 16231 | 16032 | 16666 | 16402 | 16979 | 16068 | 14078 |
| Tax % | 26 | 26 | 26 | 25 | 26 | 25 | 25 | 25 | 25 | 24 | 24 | 24 |
| Net Profit | 11436 | 11120 | 11380 | 11097 | 12502 | 12105 | 11955 | 12444 | 12293 | 12819 | 12131 | 10720 |
| EPS in Rs | 31.13 | 30.26 | 31 | 30.56 | 34.37 | 33.28 | 32.92 | 34.22 | 33.79 | 35.27 | 33.37 | 29.45 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Sales | 91.7 | 90.37 |
| Expenses | 98.45 | 93.92 |
| Operating Profit | -6.75 | -3.55 |
| OPM % | -7.36 | -3.93 |
| Other Income | 7.47 | 12.44 |
| Interest | 4.25 | 4.83 |
| Depreciation | 3.37 | 3.54 |
| Profit before tax | -6.9 | 0.52 |
| Tax % | 0.14 | -32.69 |
| Net Profit | -6.91 | 0.69 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Equity Capital | 6 | 6 |
| Reserves | 170.64 | 157.73 |
| Borrowings | 74.12 | 63.22 |
| Other Liabilities | 21.67 | 20.81 |
| Total Liabilities | 272.43 | 247.76 |
| Fixed Assets | 149.01 | 133.96 |
| CWIP | 0.31 | 1.52 |
| Investments | 3.27 | 6.58 |
| Other Assets | 119.84 | 105.7 |
| Total Assets | 272.43 | 247.76 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Cash from Operating Activity | -7.55 | 1.04 |
| Cash from Investing Activity | -12.12 | 62.8 |
| Cash from Financing Activity | 34.9 | -15.75 |
| Net Cash Flow | 15.23 | 48.09 |
| Free Cash Flow | -14.35 | -8.49 |
| CFO/OP | 112 | 19 |

### Ratios

| Item | Mar 2006 | Mar 2007 |
| --- | --- | --- |
| Debtor Days | 6.65 | 5.57 |
| Cash Conversion Cycle | 6.65 | 5.57 |
| Working Capital Days | 333.04 | 89.46 |
| ROCE % | — | 0.95 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.31% | 71.92% | 72.05% | 72.05% | 72.19% | 72.3% | 72.3% | 71.77% | 71.77% | 71.77% |
| FIIs | 16.9% | 16.88% | 15.8% | 15.74% | 15.62% | 14.15% | 12.72% | 12.7% | 12.04% | 10.37% |
| DIIs | 5.36% | 6.93% | 7.78% | 8% | 7.83% | 7.81% | 9.58% | 10.61% | 11.49% | 12.81% |
| Government | 0.05% | 0.05% | 0.05% | 0.06% | 0.06% | 0.04% | 0.05% | 0.06% | 0.06% | 0.06% |
| Public | 4.38% | 4.22% | 4.32% | 4.14% | 4.31% | 5.7% | 5.36% | 4.86% | 4.63% | 4.98% |
| No. of Shareholders | 637799 | 550651 | 723894 | 858825 | 1058901 | 2474310 | 2499384 | 2203209 | 2115093 | 2332275 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.3% | 72.3% | 72.3% | 72.41% | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% | 71.77% |
| FIIs | 12.72% | 12.46% | 12.47% | 12.46% | 12.7% | 12.35% | 12.66% | 12.68% | 12.04% | 11.48% | 10.33% | 10.37% |
| DIIs | 9.58% | 9.8% | 10.01% | 10.03% | 10.61% | 11% | 10.86% | 10.86% | 11.49% | 11.95% | 12.64% | 12.81% |
| Government | 0.05% | 0.05% | 0.05% | 0.05% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
| Public | 5.36% | 5.38% | 5.17% | 5.03% | 4.86% | 4.82% | 4.66% | 4.63% | 4.63% | 4.77% | 5.21% | 4.98% |
| No. of Shareholders | 2499384 | 2502835 | 2367003 | 2336016 | 2203209 | 2181391 | 2093962 | 2075117 | 2115093 | 2164289 | 2388232 | 2332275 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-09 | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e51776ad-adb3-4a01-88b0-f236553e4653.pdf) |
| 2026-03-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cd0539ad-4ef0-42c5-9587-229e96929d3c.pdf) |
| 2026-03-02 | [Press Release - TCS Expands Strategic Partnership With Zscaler To Redefine Enterprise Workspace Innovation With New AI-Powered Solution](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c87b6c5-099d-4540-9e71-8dba2d2d0d23.pdf) |
| 2026-02-28 | [Board Meeting Outcome for Appointment Of Statutory Auditors.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46f45af8-96ff-4592-9cf4-0a37bef308d8.pdf) |
| 2026-02-28 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/xml-data/corpfiling/AttachHis/009680ab-dc59-471f-97d9-2bbb32f0b708.pdf) |
| 2026-02-28 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/359c4cdc-5bbd-45ee-835f-1bbd8808725c.pdf) |
| 2026-02-25 | [Clarification /Confirmation On News Item Appearing In 'Media / Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e432d5fe-fc2e-40f8-8f70-50d4f5f91e81.pdf) |
| 2026-02-25 | [Press Release - TCS And Gitlab Partner To Bring AI-Powered Orchestration To Accelerate Software Innovation At Scale](https://www.bseindia.com/xml-data/corpfiling/AttachLive/48b3bb95-8da2-48d2-8d62-f0f721afb36c.pdf) |
| 2026-02-23 | [Press Release - TCS And Servicenow Partner To Accelerate Large-Scale AI Adoption For Enterprises](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c0455655-34bc-4a49-aede-100b7d18fc55.pdf) |
| 2026-02-20 | [Press Release - TCS And Cisco Launch Center Of Excellence For Autonomous Enterprise To Reimagine Operations](https://www.bseindia.com/xml-data/corpfiling/AttachHis/97a78c72-5e05-4473-a15c-760299b4d88d.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb9f9e0a-e4ce-4a4e-997e-0b5de8c2bec0.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d57e49b6-fd89-4fa8-b591-4f590100db1e.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3837c1b7-9308-436d-9636-1d6856edf74e.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532540/72996532540_17_06_22.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532540/68468532540_25_05_21.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532540/5325400320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532540/5325400319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532540/5325400318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532540/5325400317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532540/5325400316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d70edbab-d5b2-47ae-8820-efacc5052d13.pdf) |
| Dec 2025 | [Concall - Dec 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d59af2b6-34c7-4ca1-9455-f4899e5f26cf.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fa78f01-221c-47fe-a83d-098bc43b0de7.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56f7fbb9-5cf4-49e1-95ef-62af7ad2a999.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9cee0fdb-07a3-4dc6-af7a-40dce51e1348.pdf) |
| Apr 2025 | [Concall - Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d3f70d49-123f-40d6-a0a9-b584546c8c63.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f89d612-0771-4c26-a565-546c1d46ba9c.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7066eb7-d5d8-4d9e-87fd-ed222315999d.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0a723c36-afac-4687-af0d-c01fd45c8815.pdf) |
| Jul 2024 | Concall - Jul 2024 |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-08-25 | Credit rating update — ICRA |
| 2024-09-10 | Credit rating update — ICRA |
| 2024-02-21 | Credit rating update — ICRA |
| 2023-07-24 | Credit rating update — ICRA |
| 2022-12-28 | Credit rating update — ICRA |
| 2022-05-30 | Credit rating update — ICRA |
| 2021-09-20 | Credit rating update — ICRA |
| 2021-09-07 | Credit rating update — ICRA |
| 2021-07-14 | Credit rating update — ICRA |
| 2021-04-27 | Credit rating update — ICRA |

---

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 2026-10-13T10:59:30.060Z.