| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 128.3 | 143.46 | 137 | 140 |
| Cost of Material Consumed | 10.15 | 10.96 | 3 | 5 |
| Change in Inventory | 0.68 | 0.97 | -4 | -2 |
| Gross Margins | 92.09 | 92.36 | 97.81 | 96.43 |
| Employee Benefit Expenses | 71.56 | 82.84 | 84 | 89 |
| Other Expenses | 23.36 | 23.58 | 41 | 39 |
| EBITDA | 22.55 | 25.11 | 13 | 9 |
| OPM | 17.58 | 17.5 | 9.49 | 6.43 |
| Other Income | 1.07 | 4.36 | 2 | 2 |
| Finance Cost | 2.66 | 1.47 | 1 | 1.5 |
| D&A | 5.91 | 3.08 | 3 | 3 |
| EBIT | 16.64 | 22.03 | 10 | 6 |
| EBIT Margins | 12.97 | 15.36 | 7.3 | 4.29 |
| PBT | 15.03 | 24.88 | 11 | 6 |
| PBT Margins | 11.71 | 17.34 | 8.03 | 4.29 |
| Tax | 0.42 | 1.89 | 0 | 1 |
| PAT | 14.61 | 22.99 | 11 | 5 |
| NPM | 11.39 | 16.03 | 8.03 | 3.57 |
| EPS | 150.62 | 237.01 | 113.4 | 51.55 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 17.58 | 17.5 | 9.49 | 6.43 |
| Net Profit Margin | 11.39 | 16.03 | 8.03 | 3.57 |
| Earning Per Share (Diluted) | 150.62 | 237.01 | 113.4 | 51.55 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 60.68 | 62.7 | 66 | 74 |
| CWIP | 3.17 | 4.38 | 4 | 5 |
| Investments | 0.5 | 0.55 | 1 | 1 |
| Trade Receivables | 1.62 | 0.97 | 27 | 2 |
| Inventory | 24.06 | 25.06 | 1 | 30 |
| Other Assets | 11.14 | 17.75 | 18 | 15 |
| Total Assets | 101.17 | 111.41 | 117 | 127 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 0.97 | 0.97 | 0.97 | 0.97 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 33.02 | 54.93 | 66 | 70 |
| Borrowings | 17.72 | 10.61 | 7 | 8 |
| Trade Payables | 19.78 | 8.7 | 7 | 9 |
| Other Liabilities | 29.68 | 36.2 | 36.03 | 39.03 |
| Total Liabilities | 101.17 | 111.41 | 117 | 127 |
| Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| PBT | 15.03 | 24.88 | 25 | 5 |
| OPBWC | 27.43 | 29.38 | 15 | 10 |
| Change in Receivables | 0 | 0 | 0 | 0 |
| Change in Inventories | -0.45 | -0.99 | -2 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 |
| Other Changes | -4.59 | -3.76 | -3 | -2 |
| Working Capital Change | -5.04 | -4.75 | -5 | -2 |
| Cash Generated From Operations | 22.39 | 24.63 | 10 | 8 |
| Tax | -0.58 | -0.11 | -2 | 0 |
| Cash Flow From Operations | 21.81 | 24.52 | 8 | 8 |
| Purchase of PPE | -7.99 | -6.31 | -7 | -12 |
| Sale of PPE | 0 | 0 | 0 | 0 |
| Cash Flow From Investment | -8 | -6.29 | -7 | -12 |
| Borrowing | -10.81 | -8.21 | -3 | 1.06 |
| Dividend | -0.07 | -0.09 | 0 | -0.09 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -2.9 | -1.61 | -1 | -1.97 |
| Cash Flow from Financing | -13.78 | -9.91 | -4 | -1 |
| Net Cash Generated | 0.03 | 8.32 | -3 | -5 |
| Cash at the Start | 0.71 | 0.7 | 9 | 6 |
| Cash at the End | 0.74 | 9.02 | 6 | 1 |
Rydak Syndicate Limited is one of India’s oldest tea-estate companies, established in 1898 and operating multiple plantations across Assam and the Dooars region of West Bengal. With over a century of experience in tea cultivation and processing, the company has built a reputation for producing quality CTC tea while maintaining extensive agricultural assets. Although it is a public limited company, its shares are not actively traded on major stock exchanges, which places them in the category of unlisted or illiquid securities. This makes the company of interest to investors seeking niche opportunities in the tea and plantation sector.
Unlisted shares of Rydak Syndicate Limited generally trade through private platforms and specialized dealers rather than through NSE or BSE. Prices typically vary depending on supply, demand, and company performance, with quoted values often reflecting the underlying assets and profitability of the tea estates. Investors need to complete standard KYC and provide demat details to purchase these shares, after which transfers usually take place via off-market mechanisms. Because there is no formal exchange-based trading, the price is not discovered daily, and transparency largely depends on available financial reports and private-market updates.
However, investing in unlisted shares comes with notable risks. Liquidity is low, meaning exiting the investment may be difficult or require accepting a lower price. Additionally, the absence of frequent disclosures and the long-term cyclical nature of the tea industry add to uncertainty. While Rydak Syndicate’s long heritage and asset base may appeal to certain investors, such investments are generally more suitable for those with a higher risk appetite and a long investment horizon. Conducting proper due diligence and understanding the illiquid nature of unlisted shares is essential before considering any exposure to Rydak Syndicate Limited.
Q:1 How can I confirm my booking for RRP S4E innovation Unlisted Shares?Answer: You can confirm your booking by contacting us and providing the necessary details about the trading price for Rydak Syndicate Limited Unlisted Shares.
Q:2 What documents do I need to provide to purchase unlisted shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque.These are required as per SEBI regulations.
Q:3 Where can I get my client master report if I don’t have one?
Answer: You can ask your broker for your client master report if it is not readily available.
Q:4 How will I receive the bank details for the fund transfer?
Answer: We will provide you with the bank details after you confirm your booking for the shares.
Q:5 What payment methods are accepted for purchasing shares?
Answer: Payments must be made via RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not accepted.
Q:6 Can I use a different bank account for the payment than the one I want the shares credited to?Answer: No, the payment must be made from the same account where you want the shares to be credited.
Q:7 Is it necessary to transfer the funds immediately after confirming the booking?Answer: Yes, you need to transfer the funds to our provided bank account promptly after confirming your booking.
Q:8 What happens if I don’t provide the required KYC documents?Answer: Without the required KYC documents, your transaction may not comply with SEBI regulations, which could result in delays or cancellation of the share purchase.