Asian Tea And Exports Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 20.00 Cr
- Company Age 37 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.44 Cr
- Satisfied Charges ₹ 64.73 Cr
- Revenue Growth -50.57%
- Profit Growth -173.83%
- Ebitda -132.42%
- Net Worth -0.94%
- Total Assets -27.58%
About Asian Tea And Exports
Asian Tea And Exports Ltd (ATAEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 February 1987 and has a history of 37 years and 11 months. Its registered office is in Kolkata, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519532.
The Corporate was formerly known as Sita Plantations Ltd. The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 20.00 Cr.
The company currently has active open charges totaling ₹17.44 Cr. The company has closed loans amounting to ₹64.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asian Tea And Exports Ltd India are Rajesh Garg as CFO and Anjali Shaw as Company Secretary. Hariram Garg, Sunil Garg, Rama Garg, and Three other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L24219WB1987PLC041876
- Company No.
041876
- Stock Symbol
BSE : 519532
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Feb 1987
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Asian Tea And Exports?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hariram Garg  | Managing Director | 27-Oct-1994 | Current |
| Rajesh Garg | CFO | 29-May-2014 | Current |
| Anjali Shaw | Company Secretary | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Garg | Director | 16-Dec-1999 | Current |
| Rama Garg | Director | 21-Jul-2014 | Current |
| Akhil Manglik | Director | 06-Sep-2021 | Current |
| Manish Jajodia | Director | 30-Mar-2023 | Current |
| Sushil Nevatia | Director | 21-Jul-2014 | Current |
Financial Performance of Asian Tea And Exports.
Asian Tea And Exports Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.57% decrease. The company also saw a substantial fall in profitability, with a 173.83% decrease in profit. The company's net worth dipped by a decrease of 0.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asian Tea And Exports?
In 2023, Asian Tea And Exports had a promoter holding of 67.01% and a public holding of 32.99%. The company had 3 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Doyapore Tea & Industries Pvt.Ltd.Sunil Garg is a mutual person
Asian Tea Company Private LimitedSunil Garg is a mutual person
Asian Housing And Infrastructure LimitedHariram Garg is a mutual person
Indong Tea Company LimitedHariram Garg, Rama Garg and 2 more are mutual person
Asian Capital Market Ltd.Hariram Garg is a mutual person
Hrg Merchants LlpHariram Garg is a mutual person
Charges (Loans)
₹17.44 Cr
₹64.73 Cr
Charges Breakdown by Lending Institutions
- Others : 12.44 Cr
- Axis Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2022 | Others | ₹1.50 M | Open |
| 19 Mar 2021 | Axis Bank Limited | ₹5.00 Cr | Open |
| 19 Mar 2019 | Others | ₹12.29 Cr | Open |
| 13 Dec 2019 | Axis Bank Limited | ₹7.50 Cr | Satisfied |
| 19 May 2014 | State Bank Of India | ₹52.00 Cr | Satisfied |
How Many Employees Work at Asian Tea And Exports?
Asian Tea And Exports has a workforce of 5 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asian Tea And Exports, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asian Tea And Exports's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
