United Nilgiri Tea Estates Co. Ltd. (UNITEDTEA) AI Stock Analysis

Top Page

United Nilgiri Tea Estates Co. Ltd.

(NSE:UNITEDTEA)

Select Model

Rating:67Neutral

Price Target:INR 437.00▲(6.21% Upside)

Action:downgraded

Date:08/22/26

The score is supported primarily by strong financial quality—especially the debt-free balance sheet and solid profitability—along with a reasonable valuation (P/E 11.175). These positives are tempered by weak technicals, with the stock trading below key moving averages and negative MACD indicating bearish momentum despite near-oversold readings.

Positive Factors

Debt-free balance sheetA debt-free balance sheet materially reduces financial risk and interest obligations, giving United Nilgiri Tea Estates greater resilience during commodity or demand cycles. It also preserves flexibility to maintain estates, fund operations, and withstand periods of weaker revenue without relying heavily on lenders.

Negative Factors

Revenue contraction and uneven growthThe FY2026 revenue decline following growth in FY2025 shows that top-line momentum is not yet consistent. Uneven sales can limit operating leverage, make earnings harder to scale, and leave the company more exposed to fluctuations in the tea operating environment over the coming quarters.

United Nilgiri Tea Estates Co. Ltd. (UNITEDTEA) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 2.06B
Dividend Yield: 0.78%
Average Volume (3M): 2,384
Price to Earnings (P/E): 10.1
Beta (1Y): 1.17
Revenue Growth: -8.95%
EPS Growth: -11.01%
Country: India
Employees: 1,062
Sector: General
Sector Strength: 55
Industry: Agricultural Farm Products

United Nilgiri Tea Estates Co. Ltd. Business Overview & Revenue Model

Company Description

Established in 1922 and headquartered in Coimbatore, India, The United Nilgiri Tea Estates Company Limited specializes in the cultivation, manufacturing, and marketing of tea throughout India. Its product line features black, green, herbal, specialty...

United Nilgiri Tea Estates Co. Ltd. Financial Statement Overview

Summary

Strong overall fundamentals led by a very conservative, debt-free balance sheet and solid profitability. Offsetting this, revenue has been uneven (FY2026 decline after FY2025 growth) and cash conversion is inconsistent with notable free-cash-flow swings.

Income Statement

72Positive

Balance Sheet

90Very Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	810.28M	833.54M	992.94M	840.15M	829.32M	748.62M
Gross Profit	375.09M	396.27M	759.35M	616.20M	594.69M	547.35M
EBITDA	245.13M	295.23M	248.61M	239.86M	186.74M	163.77M
Net Income	202.97M	219.44M	185.10M	160.53M	121.15M	102.89M
Balance Sheet
Total Assets	0	2.56B	2.33B	2.17B	1.98B	1.87B
Cash, Cash Equivalents and Short-Term Investments	483.72M	382.39M	395.99M	258.83M	263.75M	191.04M
Total Debt	0	0	0	0	0	0
Total Liabilities	-2.41B	143.64M	125.94M	127.02M	109.66M	115.97M
Stockholders Equity	2.41B	2.41B	2.21B	2.04B	1.87B	1.75B
Cash Flow
Free Cash Flow	35.84M	100.89M	175.33M	57.94M	105.77M	12.86M
Operating Cash Flow	60.24M	137.13M	211.84M	78.26M	150.57M	54.61M
Investing Cash Flow	-67.70M	-131.21M	-192.93M	-44.19M	-132.12M	-31.95M
Financing Cash Flow	-9.99M	-14.77M	-13.48M	-18.49M	-13.49M	-13.49M

United Nilgiri Tea Estates Co. Ltd. Technical Analysis

Technical Analysis SentimentNeutral

Last Price411.45

Price Trends

50DMA427.34Negative

100DMA451.88Negative

200DMA480.36Negative

Market Momentum

MACD-5.79Negative

RSI46.53Neutral

STOCH73.54Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UNITEDTEA, the sentiment is Neutral. The current price of 411.45 is above the 20-day moving average (MA) of 409.02, below the 50-day MA of 427.34, and below the 200-day MA of 480.36, indicating a neutral trend. The MACD of -5.79 indicates Negative momentum. The RSI at 46.53 is Neutral, neither overbought nor oversold. The STOCH value of 73.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:UNITEDTEA.

United Nilgiri Tea Estates Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:UNITEDTEA against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:UNITEDTEA	67Neutral	INR 2.06B	10.13	―	0.78%	-8.95%	-11.01%
IN:ASPINWALL	63Neutral	INR 1.78B	11.31	―	2.86%	28.38%	107.25%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:JAYSREETEA	52Neutral	INR 2.24B	-10.19	―	0.64%	6.65%	-130.78%
IN:HARRMALAYA	44Neutral	INR 3.10B	11.29	―	―	2.78%	2.41%
IN:PKTEA	41Neutral	INR 2.10B	-45.38	―	0.11%	9.32%	-184.16%
IN:NORBTEAEXP	40Underperform	INR 715.03M	-284.32	―	―	26.04%	―

* General Sector Average

Performance Comparison

IN:UNITEDTEA and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:UNITEDTEA	United Nilgiri Tea Estates Co. Ltd.	411.45	-18.57	-4.32%
IN:ASPINWALL	Aspinwall and Company Limited	227.50	-37.40	-14.12%
IN:HARRMALAYA	Harrisons Malayalam Ltd	168.00	-29.95	-15.13%
IN:JAYSREETEA	Jay Shree Tea & Industries Ltd.	77.63	-18.32	-19.09%
IN:NORBTEAEXP	Norben Tea & Exports Ltd.	46.00	-16.58	-26.49%
IN:PKTEA	Peria Karamalai Tea & Produce Co. Ltd.	677.10	-4.49	-0.66%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 22, 2026

United Nilgiri Tea Estates Co. Ltd. AI Stock Analysis

Top Page