How can annual profit triple when the last quarter lost so much?

The first three quarters generated enough profit to absorb the massive Q4 swing. The full-year PAT of ₹590 lakhs is the net result of nine months of gains and one quarter of steep losses.

Is the ₹2 dividend a new or increased payout?

No, the rationale notes it is consistent with prior patterns. The board maintained its usual payout despite the weak quarterly finish.

What does the unmodified auditor's report mean here?

It confirms the financials are free of material misstatements. For a nano-cap, it's a baseline governance check, not a strong endorsement.

Why is the Q4 loss so large relative to the annual profit?

Q4 often brings higher processing costs and lower realizations for tea companies. The ₹3,293 lakh loss is more than five times the full-year ₹590 lakh profit, illustrating severe earnings volatility.

Earnings · Tea/Coffee · Micro cap

Dhunseri Tea's annual profit tripled. Then Q4 lost ₹33 crore.

Full-year PAT of ₹590 lakhs is a net figure. A ₹3,293 lakh quarterly loss wiped out the prior nine months.

— 1 earlier story on Dhunseri Tea & Industries Ltd. →

DTIL By Tipsheet Editorial 25 May 2026 · 6:55 PM IST Verify on BSE · NSE

Mkt cap₹146 cr

ROE0.00%

Debt / eq.0.49

Div yld1.44%

₹3,293 lakhs Q4 standalone loss, dwarfing the full-year profit.

What's new

Full-year PAT improved to ₹590 lakhs from ₹232 lakhs.
The fourth quarter posted a loss of ₹3,293 lakhs.
The board recommended a ₹2 per share dividend, matching prior payouts.

Why this matters

Tea earnings are seasonal, but the scale of the Q4 swing is notable. The company needed three profitable quarters just to stay in the black for the year. The maintained dividend is a signal of management confidence in the cash cycle, not in that quarter's numbers.

What we're watching

Management's explanation for the sharp Q4 deterioration.
Whether auction realizations or input costs drove the loss.
Sustainability of the dividend payout against volatile earnings.

The full read

Dhunseri Tea's annual results are a study in arithmetic. Profit tripled to ₹590 lakhs from ₹232 lakhs. That headline is misleading. The fourth quarter alone lost ₹3,293 lakhs, swamping the gains. The auditor's report is clean. The board is maintaining a ₹2 per share dividend. For a seasonal business, the quarterly swing is the real data. The annual profit is a net figure. The Q4 loss is the operational reality.

Questions answered

How can annual profit triple when the last quarter lost so much?: The first three quarters generated enough profit to absorb the massive Q4 swing. The full-year PAT of ₹590 lakhs is the net result of nine months of gains and one quarter of steep losses.
Is the ₹2 dividend a new or increased payout?: No, the rationale notes it is consistent with prior patterns. The board maintained its usual payout despite the weak quarterly finish.
What does the unmodified auditor's report mean here?: It confirms the financials are free of material misstatements. For a nano-cap, it's a baseline governance check, not a strong endorsement.
Why is the Q4 loss so large relative to the annual profit?: Q4 often brings higher processing costs and lower realizations for tea companies. The ₹3,293 lakh loss is more than five times the full-year ₹590 lakh profit, illustrating severe earnings volatility.

Mentioned: ₹590 lakhs PAT · ₹3,293 lakhs Q4 loss · ₹2 dividend

Primary source BSE · NSE · Tijori

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

Company snapshot

Dhunseri Tea & Industries Ltd.

FMCG

₹144 cr

Latest quarter · Mar 2026

Sales₹44 cr

Net profit−₹31 cr

Op. margin−135.2%

EPS−₹29.41

Strength & growth

Debt / equity0.49×

Current ratio0.58×

Sales CAGR+9.9%

Story so far

All notes on DTIL →

25 May 2026 · 6:55 PM IST Dhunseri Tea's annual profit tripled. Then Q4 lost ₹33 crore.
14d ago Dhunseri Tea's full-year profit more than doubled, but Q4 loss persists