DIANA TEA CO.LTD.

Grows and manufactures tea, with the raw green leaf sourced from its own tea estates. Operations are sharply seasonal — Q4 FY26 alone posted a loss of ₹966.37 lakhs while the first three quarters carried the year, and the company itself flags that quarterly results are not representative of the full year. For FY26, revenue from operations was ₹88.07 crore against a net profit of ₹1.75 crore, a swing from the prior year's net loss. The single biggest cost is labour: employee expenses account for 61.6% of revenue, consistent with running a plantation workforce, while raw material purchases are just 0.9% of revenue because most green leaf is grown internally. Other operating expenses add another 31.5% and depreciation 2.3%, leaving an EBITDA margin of 7.47%. The company is listed on BSE, files results on a quarterly basis with the year-end audit, and reports a debt-to-equity ratio of 0.675.