McLeod Russel Share Price

McLeod Russel India Limited, together with its subsidiaries, is one of the world‘s largest bulk tea producers, primarily engaged in the cultivation, manufacture, and sale of tea. The company has a global footprint with tea estates across India, Vietnam, Uganda, and Rwanda, producing over 73 million kilograms of tea annually. It sells its products under the iconic ‘Elephant‘ trademark, exporting to over 25 countries worldwide.

The McLeod Russel share price today on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the McLeod Russel stock price often mirrors shifts in global tea demand, domestic production cycles, and investor views on the plantation sector’s growth prospects. Factors such as weather conditions impacting crop yields, wage negotiations, competitive intensity, and debt restructuring efforts influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the McLeod Russel stock price movements.

McLeod Russel live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of McLeod Russel live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the McLeod Russel share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

McLeod Russel India Limited Company Fundamentals

a. Company Background

McLeod Russel India Limited is an Indian tea plantation company engaged in the cultivation, manufacture, and sale of tea. It was originally incorporated as ‘Eveready Company India Private Limited‘ on May 5, 1998, and became a deemed public limited company in 2000. The name was changed to ‘McLeod Russel India Limited‘ effective February 14, 2005. The company has its registered office at Four Mangoe Lane, Surendra Mohan Ghosh Sarani, Kolkata, West Bengal. It is the flagship tea company of the B M Khaitan Group and was formed after the demerger of the bulk tea business from Eveready Industries India Ltd. The company claims to be the world‘s largest tea plantation company, accounting for 8% of India’s total tea production and 2% of the world‘s tea production. It manages tea estates across India (Assam Valley and Dooars region of West Bengal), Vietnam, Uganda, and Rwanda, with over 73,000 employees. It operates within India’s tea plantation industry, which is a significant contributor to the agricultural economy and export earnings.

b. Product Lines

• Bulk black tea

• Packaged tea (consumer packs)

• Specialty teas

• Tea exports under the ‘Elephant‘ trademark

• Tea cultivation and processing services

• Tea auction and trading

c. Company Revenue Model

• Primary revenue from the cultivation, manufacture, and sale of bulk black tea to domestic and international buyers

• Revenue from packaged tea sales in the domestic market

• Revenue from exports of tea to over 25 countries worldwide

• Income from tea auctions and trading activities

• Revenue from tea estate operations across India, Vietnam, Uganda, and Rwanda

• Income from by-products and ancillary activities

d. Geographic Presence

• Registered office located in Kolkata, West Bengal, India

• Strong domestic presence with tea estates in Assam Valley and Dooars region of West Bengal

• International presence with 6 tea estates in Vietnam, 6 estates in Uganda, and 1 estate in Rwanda

• Export of tea to over 25 countries with key markets including UAE, Iraq, Iran, Russia, USA, and UK

• Focus on maintaining global footprint across key tea-producing regions

• Delivery model leverages vertically integrated plantation-to-customer operations

e. Key Milestones

• 1998: Incorporated as Eveready Company India Private Limited on May 5, 1998

• 2000: Became a deemed public limited company

• 2005: Name changed to McLeod Russel India Limited effective February 14, 2005

• 2005: Acquired Borelli Tea Holdings from the Magor family, taking over 17 tea gardens of Williamson Tea Assam

• 2010-2015: Expanded international footprint with estates in Vietnam, Uganda, and Rwanda

• 2023: NCLT initiated Corporate Insolvency Resolution Process on February 10, 2023

• 2024: NCLAT set aside insolvency proceedings following settlement between promoter and IL&FS

• 2025: NARCL took over outstanding debt from consortium of eight banks on March 12, 2025

• 2026: Sealed debt repayment plan with NARCL to pay ₹1,050 crore by February 2029

f. Industry Perspective: Tea Plantation Industry in India

McLeod Russel operates in the global and Indian tea plantation industry. Globally, the tea market continues to expand driven by rising consumption in emerging economies and growing demand for specialty teas. In India, the tea industry is one of the largest in the world, with the country ranking as the second-largest tea producer globally after China. Domestic tea production in 2025 reached 1,369.98 million kg (mkg), reflecting a 5% increase from 1,303.53 mkg in 2024. India‘s tea exports rose by 9.5% to a record 280.4 mkg in 2025, up from 256.17 mkg in 2024. Export earnings increased by 18.43% to ₹8,488 crore, with per kg export price rising 8.20% to ₹302.73. The Indian tea market was valued at USD 11.72 billion in 2024 and is expected to reach USD 15.12 billion by 2030, rising at a CAGR of 4.34%. With a projected CAGR of 6.7%, India‘s tea market is expected to expand from USD 4.8 billion in 2025 to USD 6.6 billion by 2030. The industry provides employment to about 12 lakh workers, with 58% being women. Key growth drivers include rising domestic consumption, growing demand for premium teas, and increasing export opportunities. However, the industry faces challenges including rising wage costs, climate change impacting crop yields, pest attacks, and high input costs. India’s tea industry is the world‘s second-largest producer, accounting for approximately 10% of global tea exports.

McLeod Russel India Limited Stock Market Presence: Listings & Index Representation

McLeod Russel India Limited is actively traded on India‘s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol MCLEODRUSS and on the Bombay Stock Exchange (BSE) with the scrip code 532654. The ISIN number of the company’s equity shares is INE942G01012. The face value of the equity shares is ₹5 per share. Its listing on both exchanges ensures that the McLeod Russel price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. McLeod Russel is included in indices such as the BSE 500, BSE AllCap, BSE SmallCap, BSE FMCG, and Nifty Microcap 250. These index participations signal the company‘s relevance within market categories that attract both active and passive investment flows. Being represented in multiple indices enhances the visibility and liquidity of the McLeod Russel stock price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India‘s tea plantation landscape. The inclusion of McLeod Russel in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the stock price to corporate and industry developments.

McLeod Russel India Limited Stock Performance and Share Price History

The McLeod Russel price has displayed extreme volatility over the past decade, shaped by the company‘s financial struggles, debt restructuring efforts, and broader tea industry cycles. The McLeod Russel price delivered a spectacular return of 379.3% in calendar year 2020, reflecting a sharp recovery from multi-year lows amid speculative interest in plantation stocks. The McLeod Russel share price also delivered positive returns of 14.9% in 2021, 11.5% in 2022, and 54.3% in 2024. However, the McLeod Russel share price experienced a negative return of 96.0% in 2019 and a negative return of 8.4% in 2023. Over the 10-year period ending April 2026, the McLeod Russel share price has delivered a cumulative return of approximately -14.9%, significantly underperforming the BSE FMCG index which delivered 8.8% over the same period. The McLeod Russel share price reached a 52-week high of ₹68.47 and a 52-week low of ₹27.60, indicating an extremely wide trading range and substantial price fluctuations. As of April 2026, the McLeod Russel share price was trading at approximately ₹39-₹43 on the NSE, with a market capitalisation of approximately ₹411-₹440 crore.

The McLeod Russel stock price has been particularly responsive to debt resolution announcements and quarterly earnings releases. When the company reported narrowing of consolidated net loss to ₹36.41 crore in Q3 FY26 from ₹87.33 crore in Q3 FY25, with revenue growing 20% year-on-year to ₹445.45 crore, the McLeod Russel stock price showed a positive reaction. The McLeod Russel share price has shown a pattern of strong positive momentum following announcements of debt restructuring progress, while periods of weak financial results have contributed to consolidation in the McLeod Russel stock price. The McLeod Russel share price delivered a 1-year total return of approximately 8.7% as of April 2026, outperforming the BSE FMCG index which returned -9.9% over the same period. The McLeod Russel share price has shown a YTD return of approximately -21.5% as of April 2026, while the 1-month return was 2.6% and the 3-month return was -14.5%. The McLeod Russel share price has been influenced by corporate developments including the NCLT insolvency proceedings in 2023 which were later set aside, the transfer of debt to NARCL in March 2025, and the sealing of a debt repayment plan of ₹1,050 crore by February 2029. The McLeod Russel share price has shown average weekly volatility of approximately 6-8%, which is higher than the industry average. Based on data, the beta for McLeod Russel has been recorded at 0.31 (5-year monthly), indicating that the stock has exhibited significantly lower volatility than the broader market over extended periods. However, TradingView reports a beta coefficient of 1.45-1.82, while other sources report a beta of 1.63 and 0.92. The 1-month beta is 0.92, and the 5-year beta is 0.31. The mean values across these periods range from 0.31 to 1.63, with standard deviations varying accordingly. The McLeod Russel share price has a 10-year aggregate net loss of approximately ₹1,589.62 crore and a 10-year aggregate EBITDA of approximately ₹675.38 crore. The McLeod Russel share price has also delivered a 10-year return of -14.9%, reflecting long-term wealth erosion for investors. Comprehending these patterns in the McLeod Russel share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the McLeod Russel stock price movements illustrate how industry fundamentals, debt resolution cycles, wage cost pressures, and investor expectations converge in market pricing.

McLeod Russel India Limited Investor Relevance and Role in Portfolio

McLeod Russel holds a challenging position for portfolio investors who seek exposure to the Indian tea plantation sector. The company‘s global footprint across India, Vietnam, Uganda, and Rwanda aligns it with investment strategies that value both domestic consumption growth and export opportunities. The McLeod Russel share price often mirrors how these themes resonate with investor portfolios, though the company‘s persistent losses and high debt levels significantly limit institutional interest.

Institutional stakeholders play a minimal role in McLeod Russel‘s ownership profile. The promoters held 6.25% of the company as of December 2025, showing a stable trend with no change from previous quarters. Mutual funds do not hold any stake in the company as of December 2025. Foreign Institutional Investors (FIIs) hold approximately 1.43% of the company. Domestic Institutional Investors (DIIs) hold approximately 0.61% of the company. Retail and other shareholders hold approximately 91.71% of the company. Overall institutional holding in the company stands at approximately 2.04% as of December 2025. The company‘s promoters have pledged 0.06% of their holdings. The top public shareholder is Niraj Rajnikant Shah, holding 4.54% of the company.

Based on data, the beta for McLeod Russel has been recorded at 0.31 for the long-term range, indicating that the stock has exhibited significantly lower volatility than the broader market over extended periods. However, other sources report a beta of 1.45 to 1.82, while TradingView reports a beta coefficient of 1.45, and the Economic Times reports a 1-month beta of 0.92. The McLeod Russel share price has shown periods of heightened responsiveness to sector-specific news, quarterly earnings releases, and debt resolution announcements. The McLeod Russel share price reflects that the company‘s position as a debt-laden tea producer may result in moderate to high price fluctuations. The McLeod Russel stock price is thus viewed as a highly speculative opportunity within a portfolio context with varying volatility characteristics depending on the time frame.

McLeod Russel India Limited Sectoral Relevance and Peer Positioning

The sector relevance of McLeod Russel is anchored in its role within the broader Indian tea plantation industry, where it competes with other diversified tea producing companies. As part of this industry, the company‘s strategic positioning connects cultivation, processing, and export of black tea that serves multiple global markets. Competitors in adjacent segments include companies such as Jay Shree Tea & Industries Limited, Goodricke Group Limited, Harrisons Malayalam Limited, Kanco Tea & Industries Limited, and Tata Consumer Products Limited. Larger players such as Tata Consumer have diversified product portfolios and global reach, though McLeod Russel competes directly in the bulk tea production segment. Firms with parallels in either cultivation scale or export relationships are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the McLeod Russel P/E ratio are not meaningful due to the company‘s persistent losses. The McLeod Russel P/E ratio has been negative or not available in most years, with values ranging from -3.8 to -0.14 in recent periods. The McLeod Russel earnings history over the past decade has shown a pattern of consistent losses. Net profit was negative in most years, with a 10-year aggregate net loss of approximately ₹1,589.62 crore. For TTM ended December 2025, net profit stood at approximately ₹-225 crore. The McLeod Russel EPS narrative has followed a similar pattern, with EPS remaining negative for most years. The current TTM EPS stands at approximately -₹21.6 to -₹24.86. The McLeod Russel market cap has shown a pattern of significant contraction over the past decade. McLeod Russel market cap decreased from approximately ₹1,800 crore in earlier years to approximately ₹411-₹440 crore as of April 2026.

Over the last ten years, McLeod Russel market cap has shown a pattern of significant contraction. The company‘s market cap decreased from approximately ₹1,800 crore in earlier years to approximately ₹411 crore as of April 2026. The market cap has shown a 10-year aggregate net loss of approximately ₹1,589.62 crore, a 10-year aggregate EBITDA of approximately ₹675.38 crore, and a 10-year aggregate CFO of approximately ₹1,498.97 crore. The current market cap stands at approximately ₹411 crore, having ranged between lower levels and its current value over the past decade.

McLeod Russel earnings, in terms of net profit, have exhibited a pattern of persistent losses over the past decade. Net profit was negative in most years, with a 10-year aggregate net loss of approximately ₹1,589.62 crore. For TTM ended December 2025, net profit stood at approximately ₹-225 crore. Total income for FY2025 stood at ₹1,190.60 crore. Quarterly net loss for Q3 FY26 narrowed to ₹36.41 crore from ₹87.33 crore in Q3 FY25, reflecting some improvement.

McLeod Russel EPS history over the past decade has shown a pattern of negative values. EPS (TTM) has been recorded at approximately -₹21.6 to -₹24.86 over different periods, with a current TTM EPS of approximately -₹21.6. Basic EPS for recent quarters has ranged from -₹3.5 to -₹16.7, reflecting the company‘s inability to generate consistent per-share profitability.

McLeod Russel P/E ratio history has been defined by not meaningful values due to negative earnings. For most years when the company reported losses, the P/E ratio was negative or not available. The P/E ratio stood at -0.8x in 2024 and -1.78x in 2025. The P/E ratio is not considered a meaningful valuation metric for the company at this time due to its inconsistent and negative earnings performance.

Summary

McLeod Russel is a leading Indian tea plantation company listed on both the NSE and BSE, where the McLeod Russel share price reflects tea price cycles, debt resolution progress, and competitive dynamics within the plantation sector. Its representation in multiple stock indices supports market visibility, while investor interest is heavily constrained by persistent losses, high debt levels, and minimal promoter holding. Within the sector, the company‘s competitive context and earnings dynamics provide key perspectives on its role in the Indian tea industry.