Duars Union Tea Co Ltd

Tea estate management and processing in Darjeeling, West Bengal since 1914.

1914 | Siliguri, West Bengal (India) | Active
Last Updated: July 18, 2024

Duars Union Tea Co Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 2.89 Cr
  • Company Age 111 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.08 Cr
  • Satisfied Charges ₹ 22.82 Cr
  • Revenue Growth -4.52%
  • Profit Growth -53.60%
  • Ebitda -12.76%
  • Net Worth -19.90%
  • Total Assets -3.26%

About Duars Union Tea Co

Duars Union Tea Co Ltd (DUTCL) was founded in India on 10 January 1914 and has a glorious history of 111 years and one month. Its registered office is in Siliguri, West Bengal, India.

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 8.00 Cr and a paid-up capital of Rs 2.89 Cr.

The company currently has active open charges totaling ₹10.08 Cr. The company has closed loans amounting to ₹22.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepak Berlia, Sushil Berlia, Gaurav Berlia, and One other member serve as directors at the Company.

Company Details

  • Location

    Siliguri, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01132WB1914PLC002477

  • Company No.

    002477

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1914

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

Who are the key members and board of directors at Duars Union Tea Co?

Board Members (4)

NameDesignationAppointment DateStatus
Deepak Berlia Country flag representing In Director 24-Sep-2020Current
Sushil Berlia Country flag representing In Director 24-Sep-2020Current
Gaurav Berlia Country flag representing In Director 24-Sep-2020Current
Harsh Berlia Country flag representing In Director 18-Mar-2020Current

Financial Performance of Duars Union Tea Co.

Duars Union Tea Co Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.52% decrease. The company also saw a substantial fall in profitability, with a 53.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.9%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.52%
Revenue from Operations
-4.78%
Total Assets
-3.26%
Profit or Loss
-53.60%
Net Worth
-19.90%
EBITDA
-12.76%

What is the Ownership and Shareholding Structure of Duars Union Tea Co?

In 2023, Duars Union Tea Co had a promoter holding of 10.20% and a public holding of 89.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.08 Cr

Satisfied Charges

₹22.82 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.08 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2020State Bank Of India₹10.08 CrOpen
25 Sep 2019Others₹5.00 MSatisfied
17 Jun 2019Others₹5.00 MSatisfied
20 Sep 2016Others₹8.00 MSatisfied
09 Oct 2015Bank Of Baroda₹6.00 MSatisfied

How Many Employees Work at Duars Union Tea Co?

Duars Union Tea Co has a workforce of 1 employees as of Mar 24, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Duars Union Tea Co, 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 Duars Union Tea Co's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Duars Union Tea Co

Recent activity within the organization

  • Annual General Meeting

    Duars Union Tea Co Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Duars Union Tea Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 10.08 Cr registered on 18 Sep 2020 with Charge ID 100381852 was modified on 17 Sep 2022.

    17 Sep 2022

  • Charges

    A charge registered on 25 Sep 2019 via Charge ID 100290194 with Others was fully satisfied on 19 Oct 2020.

    19 Oct 2020

  • Charges

    A charge registered on 17 Jun 2019 via Charge ID 100270552 with Others was fully satisfied on 19 Oct 2020.

    19 Oct 2020

  • Charges

    A charge registered on 20 Sep 2016 via Charge ID 100050997 with Others was fully satisfied on 19 Oct 2020.

    19 Oct 2020

Frequently asked questions

  • Duars Union Tea Co Ltd was incorporated on 10 Jan 1914.

  • The authorized share capital of Duars Union Tea Co Ltd is ₹ 8.00 Cr and paid-up capital is ₹ 2.89 Cr.

  • Currently 4 directors are associated with Duars Union Tea Co Ltd.

    • Deepak Berlia
    • Sushil Kumar Berlia
    • Gaurav Berlia
    • Harsh Berlia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Duars Union Tea Co Ltd is Berlia Complex 2Nd Mile Sevoke Road, Siliguri, West Bengal, India, 734001.

  • The corporate identification number (CIN) of Duars Union Tea Co Ltd is U01132WB1914PLC002477 and the company number is 002477 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Duars Union Tea Co Ltd has fallen by -4.52%.

  • As Per 2023 financial reports, 1 employees are currently employed by Duars Union Tea Co Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Duars Union Tea Co Ltd has experienced an downturn of -19.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Duars Union Tea Co Ltd amount to ₹ 10.08 Cr.

  • The most recent Balance Sheet for Duars Union Tea Co Ltd was filed with the ROC on 31 Mar 2023.

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