Glenworth Estate Limited

Company specializes in tea production and exports, with advanced technology and international certifications.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Glenworth Estate Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.85 Cr
  • Satisfied Charges ₹ 45.19 Cr
  • Revenue Growth -10.23%
  • Profit Growth -134.79%
  • Ebitda -107.87%
  • Net Worth -0.69%
  • Total Assets 1.27%

About Glenworth Estate

Glenworth Estate Limited (GEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 September 2005 and has a history of 19 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Glenworth Estate Private Limited. 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹6.85 Cr. The company has closed loans amounting to ₹45.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnaier Gopalakrishnan, Ramaswamy Doraiswami, and Kothandath Gopinath serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    glendaleteas.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01132TN2005PLC057656

  • Company No.

    057656

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Agriculture

What products or services does Glenworth Estate Limited offer?

Glenworth Estate Limited offers a wide range of products and services, including Tea & Coffee, Flower Tea, Black Tea, Royal Black Tea, Green Tea.

Who are the key members and board of directors at Glenworth Estate?

Board Members (3)

NameDesignationAppointment DateStatus
Krishnaier Gopalakrishnan Country flag representing In Director 24-Oct-2005Current
Ramaswamy Doraiswami Country flag representing In Director 01-Aug-2023Current
Kothandath Gopinath Country flag representing In Director 13-Jul-2015Current

Financial Performance of Glenworth Estate.

Glenworth Estate Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.23% decrease. The company also saw a substantial fall in profitability, with a 134.79% decrease in profit. The company's net worth dipped by a decrease of 0.69%.

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
-10.23%
Revenue from Operations
-10.44%
Total Assets
1.27%
Profit or Loss
-134.79%
Net Worth
-0.69%
EBITDA
-107.87%

What is the Ownership and Shareholding Structure of Glenworth Estate?

In 2023, Glenworth Estate had a promoter holding of 99.40% and a public holding of 0.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.50 M

Satisfied Charges

₹451.88 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 6.85 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 2020Yes Bank Limited₹3.50 MOpen
23 Nov 2016Yes Bank Limited₹6.50 CrOpen
18 Sep 2017Others₹1.88 MSatisfied
17 Jun 2011Standard Chartered Bank₹45.00 CrSatisfied

How Many Employees Work at Glenworth Estate?

Glenworth Estate has a workforce of 625 employees as of Mar 29, 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 Glenworth Estate, 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 Glenworth Estate'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 Glenworth Estate

Recent activity within the organization

  • Annual General Meeting

    Glenworth Estate Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Ramaswamy Doraiswami was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

  • Balance Sheet

    Glenworth Estate Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 18 Sep 2017 via Charge ID 100125474 with Others was fully satisfied on 31 Oct 2022.

    31 Oct 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 3.50 M with Charge ID 100390570 was registered on 06 Nov 2020.

    06 Nov 2020

  • Charges

    A charge with Others amounted to Rs. 1.88 M with Charge ID 100125474 was registered on 18 Sep 2017.

    18 Sep 2017

Frequently asked questions

  • Glenworth Estate Limited was incorporated on 29 Sep 2005.

  • The authorized share capital of Glenworth Estate Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Glenworth Estate Limited.

    • Krishnaier Gopalakrishnan
    • Ramaswamy Doraiswami
    • Kothandath Gopinath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Glenworth Estate Limited is 2Nd Floor Trinity Tower No.30 (Old No.22) Conron Smith Road Gopalapuram, India, Chennai, Tamil Nadu, 600086.

  • The corporate identification number (CIN) of Glenworth Estate Limited is U01132TN2005PLC057656 and the company number is 057656 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Glenworth Estate Limited is https://www.glendaleteas.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Glenworth Estate Limited has fallen by -10.23%.

  • As Per 2023 financial reports, 625 employees are currently employed by Glenworth Estate Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Glenworth Estate Limited has experienced an downturn of -0.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Glenworth Estate Limited amount to ₹ 6.85 Cr.

  • The most recent Balance Sheet for Glenworth Estate Limited was filed with the ROC on 31 Mar 2023.

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