Ethelbari Tea Co (1932)Ltd

Produces black CTC tea in West Bengal with two gardens.

1932 | Kolkata, West Bengal (India) | Active
Last Updated:

Ethelbari Tea Co (1932)Ltd Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 92 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.56 Cr
  • Revenue Growth -4.14%
  • Profit Growth -91.12%
  • Ebitda -48.82%
  • Net Worth 2.43%
  • Total Assets 24.88%

About Ethelbari Tea Co (1932)Ltd

Ethelbari Tea Co (1932)Ltd (ETC1) was founded in India on 27 September 1932 and has a glorious history of 92 years and five months. Its registered office is in Kolkata, 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 1.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹23.56 Cr.

Mahendra Patel, Niraj Patel, Hemang Patel, and One other member 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

    U15491WB1932PLC007473

  • Company No.

    007473

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1932

  • 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 Ethelbari Tea Co (1932)Ltd?

Board Members (4)

NameDesignationAppointment DateStatus
Mahendra Patel Country flag representing In Whole-Time Director 08-Jan-2011Current
Niraj Patel Country flag representing In Director 23-Apr-2011Current
Hemang Patel Country flag representing In Director 23-Apr-2011Current
Pritaben Patel Country flag representing In Director 22-Mar-2012Current

Financial Performance of Ethelbari Tea Co (1932)Ltd.

Ethelbari Tea Co (1932)Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.14% decrease. The company also saw a substantial fall in profitability, with a 91.12% decrease in profit. The company's net worth moved up by a moderate rise of 2.43%.

Ethelbari Tea Co (1932)Ltd revenue growth over time
Ethelbari Tea Co (1932)Ltd 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
-4.14%
Revenue from Operations
-5.05%
Total Assets
24.88%
Profit or Loss
-91.12%
Net Worth
2.43%
EBITDA
-48.82%

What is the Ownership and Shareholding Structure of Ethelbari Tea Co (1932)Ltd?

In 2023, Ethelbari Tea Co (1932)Ltd had a promoter holding of 87.85% and a public holding of 12.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹235.61 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • United Bank Of India : 16.49 Cr
  • Others : 7.07 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 2011Others₹7.07 CrOpen
03 Feb 2010United Bank Of India₹3.08 CrOpen
23 Feb 2009United Bank Of India₹3.10 CrOpen
22 Jan 2008United Bank Of India₹2.90 CrOpen
16 Feb 2007United Bank Of India₹3.10 CrOpen

How Many Employees Work at Ethelbari Tea Co (1932)Ltd?

Unlock and access historical data on people associated with Ethelbari Tea Co (1932)Ltd, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ethelbari Tea Co (1932)Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ethelbari Tea Co (1932)Ltd, 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 Ethelbari Tea Co (1932)Ltd'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 Ethelbari Tea Co (1932)Ltd

Recent activity within the organization

  • Annual General Meeting

    Ethelbari Tea Co (1932)Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Ethelbari Tea Co (1932)Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Others of Rs. 70.70 M registered on 16 Sep 2011 with Charge ID 10308005 was modified on 10 Nov 2021.

  • Charges

    A charge with United Bank Of India of Rs. 43.20 M registered on 03 Feb 1960 with Charge ID 80024496 was modified on 05 Mar 2013.

  • Director Appointment

    Pritaben Patel was appointed as a Director was appointed as a Director on 22 Mar 2012 & has been associated with this company since 12 years 11 months .

  • Charges

    A charge with Others amounted to Rs. 70.70 M with Charge ID 10308005 was registered on 16 Sep 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Ethelbari Tea Co (1932)Ltd?

    Ethelbari Tea Co (1932)Ltd was incorporated on 27 Sep 1932.

  • What is authorized share capital and paid-up capital of Ethelbari Tea Co (1932)Ltd?

    The authorized share capital of Ethelbari Tea Co (1932)Ltd is ₹ 1.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Ethelbari Tea Co (1932)Ltd?

    Currently 4 directors are associated with Ethelbari Tea Co (1932)Ltd.

    • Mahendra Kumar Patel
    • Niraj Patel
    • Hemang Mahendrabhai Patel
    • Pritaben Patel

  • What is the registered address of Ethelbari Tea Co (1932)Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ethelbari Tea Co (1932)Ltd is P- 36 India Exchange Place 4Th Floor, Room No.53, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Ethelbari Tea Co (1932)Ltd?

    The corporate identification number (CIN) of Ethelbari Tea Co (1932)Ltd is U15491WB1932PLC007473 and the company number is 007473 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ethelbari Tea Co (1932)Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ethelbari Tea Co (1932)Ltd has fallen by -4.14%.

  • What change has been observed in the net worth of Ethelbari Tea Co (1932)Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ethelbari Tea Co (1932)Ltd has experienced an upsurge of 2.43%.

  • What are the total open charges for Ethelbari Tea Co (1932)Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Ethelbari Tea Co (1932)Ltd amount to ₹ 23.56 Cr.

  • When was the last Balance Sheet of Ethelbari Tea Co (1932)Ltd filed with the ROC?

    The most recent Balance Sheet for Ethelbari Tea Co (1932)Ltd was filed with the ROC on 31 Mar 2023.

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