Kanco Tea resumes plucking at Bamonpookrie estate after floods

1 min read     Updated on 06 Aug 2026, 07:07 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Kanco Tea & Industries Limited resumed green tea leaf plucking at Bamonpookrie Estate on July 27, 2026, following floods. Sludge removal is progressing, and machinery repairs are underway. Mackeypore Estate suffered no damage to infrastructure or quarters.

powered bylight_fuzz_icon
47569041

*this image is generated using AI for illustrative purposes only.

Kanco Tea & Industries has resumed green tea leaf plucking at its Bamonpookrie Tea Estate, marking a key recovery step following the flooding incident reported on July 22, 2026. The company confirmed that operations restarted on July 27, 2026, with significant progress made in the sludge removal process. Simultaneously, repairs to affected machinery are being carried out diligently to restore full operational capacity. This update signals a stabilization of production capabilities at one of the impacted sites, mitigating potential supply chain disruptions for the upcoming season.

At the Mackeypore Tea Estate, the situation remains favourable with no reported damage to labour quarters, staff quarters, the factory, or other critical infrastructure due to the flood. This containment of physical damage at Mackeypore ensures that the company’s overall production footprint remains partially intact while Bamonpookrie recovers. The distinct outcomes at the two estates highlight varying degrees of vulnerability and resilience within the company’s asset base.

Operational Recovery Status

The company provided specific updates on the ground-level activities at both estates in its communication to the Bombay Stock Exchange Limited dated August 6, 2026.

Estate Status Update Key Action / Condition
Bamonpookrie Plucking Resumed Green tea leaf plucking resumed July 27, 2026; sludge removal progressing; machinery repair ongoing
Mackeypore No Damage Reported No damage to labour quarters, staff quarters, factory, or critical infrastructure

Regulatory Disclosure

The update was issued under Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. Charulata Kabra, Company Secretary and Compliance Officer of Kanco Tea & Industries Limited, signed the communication. The company stated that further updates will be provided in due course as the situation evolves.

What the Numbers Show

While no financial figures were disclosed in this specific update, the resumption of plucking at Bamonpookrie is a material operational indicator. For tea companies, the continuity of leaf supply directly impacts factory throughput and subsequent revenue realization. The fact that plucking resumed just five days after the initial flood report suggests a rapid response protocol was effective. The absence of damage at Mackeypore further cushions the impact, implying that the aggregate volume loss may be limited to the downtime period at Bamonpookrie rather than a prolonged seasonal disruption.

Historical Stock Returns for KanCo Tea & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.35%+4.02%-8.16%-33.52%-26.15%-36.20%

How will the temporary production gap at Bamonpookrie impact Kanco Tea's revenue projections for the current fiscal quarter?

What specific measures is the company implementing to prevent future flood-related disruptions at the Bamonpookrie estate?

Will the accelerated plucking schedule at Bamonpookrie affect the quality grading or market pricing of the upcoming green tea harvest?

like17
dislike

Kanco Tea reports loss in FY26 due to lower tea prices

1 min read     Updated on 22 Jul 2026, 10:18 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Kanco Tea & Industries reported a net loss of ₹5.87 crore for FY26, narrowing from a loss of ₹8.66 crore in the previous year, as revenue rose to ₹75.28 crore. The decline in profitability was driven by lower average tea price realization, which fell to ₹249.07 per kg from ₹290.95 per kg.

powered bylight_fuzz_icon
46284475

*this image is generated using AI for illustrative purposes only.

Kanco Tea & Industries Limited reported a net loss of ₹5.87 crore for the financial year ended March 31, 2026, on the back of lower tea price realization. The company recorded a loss of ₹8.66 crore in the previous fiscal year. Revenue from operations for the period increased to ₹75.28 crore from ₹63.60 crore in FY25.

The tea producer attributed the challenging financial results primarily to a decline in average tea prices. The average realization of the company's teas stood at ₹249.07 per kg for the year under review, down from ₹290.95 per kg in the previous year. This drop in prices occurred despite an increase in overall tea production in North India, which rose to 1,152.98 million kgs in FY26 from 1,090.32 million kgs in FY25.

Total income for the year stood at ₹76.32 crore, while total expenses amounted to ₹84.43 crore. The company’s profit before exceptional items and tax was a loss of ₹8.05 crore. Following a tax expense of ₹2.18 crore, the company posted a net loss of ₹5.87 crore. Other comprehensive income for the year was a loss of ₹0.07 crore, resulting in a total comprehensive loss of ₹5.94 crore.

Operational Performance

The company’s own tea production figures remained lower compared to the previous year, although overall North India production saw a significant increase in April 2026. The market sentiment experienced a downturn due to oversupply and subdued demand, both domestically and internationally. The company noted that these challenging conditions are anticipated to persist into the upcoming year.

To mitigate the impact of lower prices, the company has proactively implemented measures to upgrade its machinery and enhance the quality of its teas. During the financial year, 20.36 hectares, 12.22 hectares, and 8.94 hectares of plantation area were replanted, rehabilitated, and uprooted, respectively.

Financial Results Summary

Particulars Standalone FY26 (₹ in Lakhs) Standalone FY25 (₹ in Lakhs)
Revenue from Operations 7,527.54 6,360.19
Total Income 7,632.41 6,765.90
Total Expenses 8,437.01 7,597.13
Profit/(Loss) Before Tax (804.60) (831.23)
Net Profit/(Loss) for the Year (586.90) (866.42)

The Board of Directors has not recommended any dividend for the year under review. The paid-up equity share capital of the company remained unchanged at ₹5.12 crore as of March 31, 2026.

Historical Stock Returns for KanCo Tea & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.35%+4.02%-8.16%-33.52%-26.15%-36.20%

What specific timeline and financial impact are expected from the machinery upgrades aimed at enhancing tea quality?

How does the company plan to navigate the anticipated persistence of oversupply and subdued demand in the upcoming fiscal year?

Will the reduction in plantation area due to uprooting affect the company's production capacity in the medium term?

like19
dislike

More News on KanCo Tea & Industries

1 Year Returns:-26.15%