Good-Will Tea And Industries Ltd

Founded in 1919 and headquartered in West Bengal, India.

1919 | Jalpaiguri, West Bengal (India) | Active
Last Updated:

Good-Will Tea And Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.19 M
  • Company Age 105 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.15 Cr
  • Satisfied Charges ₹ 12.87 Cr
  • Revenue Growth -8.52%
  • Profit Growth -125.90%
  • Ebitda -4.48%
  • Net Worth -3.36%
  • Total Assets 3.84%

About Good-Will Tea And Industries

Good-Will Tea And Industries Ltd (GTAIL) was founded in India on 07 May 1919 and has a glorious history of 105 years and 11 months. Its registered office is in Jalpaiguri, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.19 M.

The company currently has active open charges totaling ₹10.15 Cr. The company has closed loans amounting to ₹12.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shivang Agarwal, Rupali Mundra, Sunita Mundra, and Three other members serve as directors at the Company.

Company Details

  • Location

    Jalpaiguri, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01132WB1919PLC003217

  • Company No.

    003217

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 May 1919

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture
Company report

Good-Will Tea And Industries Ltd

Explore comprehensive data for Good-Will Tea And Industries Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Good-Will Tea And Industries?

Board Members (6)

NameDesignationAppointment DateStatus
Shivang Agarwal Country flag representing In Director 15-Mar-2023Current
Rupali Mundra Country flag representing In Director 03-Sep-2009Current
Sunita Mundra Country flag representing In Director 15-Sep-2006Current
Shyam Agarwal Country flag representing In Director 19-Oct-2020Current
Sumit Agarwala Country flag representing In Director 21-Jan-2020Current
Arun Mundra Country flag representing In Director 15-Sep-2006Current

Financial Performance of Good-Will Tea And Industries.

Good-Will Tea And Industries Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.52% decrease. The company also saw a substantial fall in profitability, with a 125.9% decrease in profit. The company's net worth dipped by a decrease of 3.36%.

Good-Will Tea And Industries revenue growth over time
Good-Will Tea And Industries 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
-8.52%
Revenue from Operations
-8.32%
Total Assets
3.84%
Profit or Loss
-125.90%
Net Worth
-3.36%
EBITDA
-4.48%

What is the Ownership and Shareholding Structure of Good-Will Tea And Industries?

In 2023, Good-Will Tea And Industries had a promoter holding of 94.32% and a public holding of 5.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹101.54 M

Satisfied Charges

₹128.72 M

Charges Breakdown by Lending Institutions

  • Others : 10.15 Cr

Latest Charge Details

DateLenderAmountStatus
02 Apr 2024Others₹1.10 CrOpen
14 Jan 2022Others₹4.84 MOpen
31 Dec 2021Others₹8.20 MOpen
19 Aug 2020Others₹7.75 CrOpen
17 Jun 2020Others₹9.68 MSatisfied

How Many Employees Work at Good-Will Tea And Industries?

Unlock and access historical data on people associated with Good-Will Tea And Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Good-Will Tea And Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Good-Will Tea And Industries, 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 Good-Will Tea And Industries'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 Good-Will Tea And Industries

Recent activity within the organization

  • Annual General Meeting

    Good-Will Tea And Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 17 Jun 2020 via Charge ID 100342018 with Others was fully satisfied on 28 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 11.00 M with Charge ID 100896661 was registered on 02 Apr 2024.

  • Balance Sheet

    Good-Will Tea And Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Others of Rs. 77.50 M registered on 19 Aug 2020 with Charge ID 100368018 was modified on 26 Sep 2023.

  • Director Appointment

    Shivang Agarwal was appointed as a Director was appointed as a Director on 15 Mar 2023 & has been associated with this company since 2 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Good-Will Tea And Industries Ltd?

    Good-Will Tea And Industries Ltd was incorporated on 07 May 1919.

  • What is authorized share capital and paid-up capital of Good-Will Tea And Industries Ltd?

    The authorized share capital of Good-Will Tea And Industries Ltd is ₹ 5.00 M and paid-up capital is ₹ 4.19 M.

  • Who are the current board members & directors of Good-Will Tea And Industries Ltd?

    Currently 6 directors are associated with Good-Will Tea And Industries Ltd.

    • Shivang Agarwal
    • Rupali Mundra
    • Sunita Mundra
    • Shyam Sundar Agarwal
    • Sumit Agarwala
    • Arun Kumar Mundra
  • What is the registered address of Good-Will Tea And Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Good-Will Tea And Industries Ltd is Bhagwati Complex Marwari Patty, Dinbazar India, Jalpaiguri, West Bengal, 735101.

  • What is the corporate identification number (CIN) and company number of Good-Will Tea And Industries Ltd?

    The corporate identification number (CIN) of Good-Will Tea And Industries Ltd is U01132WB1919PLC003217 and the company number is 003217 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Good-Will Tea And Industries Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Good-Will Tea And Industries Ltd has fallen by -8.52%.

  • What change has been observed in the net worth of Good-Will Tea And Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Good-Will Tea And Industries Ltd has experienced an downturn of -3.36%.

  • What are the total open charges for Good-Will Tea And Industries Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Good-Will Tea And Industries Ltd amount to ₹ 10.15 Cr.

  • When was the last Balance Sheet of Good-Will Tea And Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Good-Will Tea And Industries Ltd was filed with the ROC on 31 Mar 2024.

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