Kanco Tea & Industries Share Price

Kanco Tea Industries Limited, was incorporated in February, 1983. The Companys business is Plantation, Manufacture and Sale of Black Teas. Tea Industry is seasonal in nature and the production is carried out from March to December, which is subject to vagaries of nature. The Company has been improvising field practices on a consistent manner for better output. The Company is a producer of premium quality teas. The company purchases green leaves from outside suppliers and produces it under a different mark called Lakmijan to protect its own mark Mackeypore. It processes the bought leaves separately from its own leaves. The physical segregation of own tea leaves and bought leaves manufacturing process is clearly visible. Apart from this, the companys tea estates, Mackeypore and Lakmijan, annually produce about 2 million kilograms of tea. The total area under cultivation is 1136.76 hectares. Both the tea estates are located on the south bank of the River Brahmaputra. This region is known as the Quality Belt region of Assam. The tea processing factory at Mackeypore Tea Estate has an installed processing capacity of 2.5 million kilograms of black tea. The factory machineries are fully upgraded and most of the manufacturing processes are automised.In 201617, the Company acquired Bamonpookrie Tea Estate from Ryam Commerce Plantations Limited through Business Transfer Agreement dated March 29, 2017. The Company created a milestone by acquiring Bamonpookrie Tea Estate in March, 2017. Separate manufacturing line for tea made from bought leaves was commissioned in July, 2017. Separate manufacturing line for manufacture of Orthodox Teas in Bamonpookrie Tea Estate also commissioned in May, 2019. The annual production of teas in North India for the FY202526 was 1152.98 million Kgs compared to 1090.32 million Kgs in FY 20242025. In FY202526, 20.36 hectares, 12.22 hectares and 8.94 hectares of the plantation area were replanted, rehabilitated and uprooted respectively. Investment in factory machinery has been made to upgrade the machineries and to enhance quality of teas.