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Earnings · Tea/Coffee · Micro cap

B&A Ltd swings to a loss as tea operations falter

The tea producer reported a standalone loss of ₹8.83 crore for FY26, reversing a prior-year profit of ₹1.97 crore.

2 earlier stories on B&A Ltd.
Mkt cap₹107 cr
ROE5.84%
Debt / eq.0.48
₹8.83 cr Standalone net loss for FY26

What's new

  • Standalone net profit of ₹1.97 crore in FY25 flipped to a loss of ₹8.83 crore in FY26.
  • Consolidated results dropped to a ₹1.94 crore loss from a ₹11.02 crore profit.
  • The tea segment reported an operating loss, while paper sacks and flexible laminates remained profitable.

Why this matters

The core tea business is struggling with flat revenue and rising employee costs. Diversification into paper and laminates provided a small cushion, but it failed to prevent a consolidated loss. This is a difficult year for the company.

What we're watching

  • Whether the tea segment can return to profitability in FY27.
  • Management's plan to control rising employee costs.
  • The impact of the reappointment of Dhruba Jyoti Dowerah on long-term strategy.

The full read

B&A Ltd faced a difficult fiscal year as its core tea operations struggled under the weight of flat revenue and rising employee costs. The company reported a standalone net loss of ₹8.83 crore for the year ended March 2026, a sharp reversal from the ₹1.97 crore profit recorded in the prior year. Consolidated results were similarly poor. The company posted a loss of ₹1.94 crore compared to a profit of ₹11.02 crore in FY25. While the tea segment reported an operating loss, the company's other divisions—paper sacks and flexible laminates—remained profitable, helping to mitigate the decline. The board also confirmed the reappointment of Dhruba Jyoti Dowerah as whole-time director for a three-year term starting in August 2026. The tea business is the primary drag on earnings. It is a loss-making year.

Questions answered

What caused the swing to a loss for B&A Ltd?
The company's tea segment reported an operating loss due to flat revenue and higher employee costs.
How did the consolidated performance compare to the standalone results?
The consolidated loss was ₹1.94 crore, which was smaller than the standalone loss of ₹8.83 crore because the paper sacks and flexible laminates segments remained profitable.
What leadership changes were announced?
The board reappointed Dhruba Jyoti Dowerah as a whole-time director for a three-year term beginning in August 2026.
How does this compare to the previous fiscal year?
In FY25, the company posted a standalone profit of ₹1.97 crore and a consolidated profit of ₹11.02 crore.
Mentioned: B&A Ltd · Dhruba Jyoti Dowerah
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

B&A Ltd.

FMCG
₹110 cr

Latest quarter · Mar 2026

Sales₹44 cr
Net profit−₹21 cr
Op. margin−35.6%
EPS−₹67.11

Strength & growth

Debt / equity0.48×
Current ratio1.53×
Sales CAGR+9.9%
EPS CAGR−3.1%
Financials via Tijori — a research aid, not investment advice.BNALTD on Tijori
  1. 26 May 2026 · 6:52 PM IST B&A Ltd swings to a loss as tea operations falter
  2. 52d ago B&A Ltd. board confirms annual results and director reappointment
  3. 52d ago B&A Ltd. reports annual losses as tea business turns red