Kanco Tea & Industries Limited

Manufacturer of CTC tea with two tea gardens in Upper Assam, producing 2 million kg annually.

1983 | Kolkata, West Bengal (India) | Active
Last Updated:

Kanco Tea & Industries Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.12 Cr
  • Company Age 42 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 57.30 Cr
  • Satisfied Charges ₹ 60.73 Cr
  • Revenue Growth 12.13%
  • Profit Growth -42.70%
  • Ebitda 45.76%
  • Net Worth 9.18%
  • Total Assets 10.87%

About Kanco Tea & Industries

Kanco Tea & Industries Limited (KTIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 February 1983 and has a history of 42 years and two months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541005.

The Corporate was formerly known as Dhanvaridhi Concerns 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 5.12 Cr.

The company currently has active open charges totaling ₹57.30 Cr. The company has closed loans amounting to ₹60.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kanco Tea & Industries Limited India are Subhra Parhi as CFO and Charulata Kabra as Company Secretary. Umang Kanoria, Anuradha Kanoria, Ravindra Suchanti, 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

    L15491WB1983PLC035793

  • Company No.

    035793

  • Stock Symbol

    BSE : 541005

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1983

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture

What products or services does Kanco Tea & Industries Limited offer?

Kanco Tea & Industries Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Turnkey Projects.

Company report

Kanco Tea & Industries Limited

Explore comprehensive data for Kanco Tea & Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Kanco Tea & Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Umang Kanoria Country flag representing In Managing Director23-Sep-2013Current
Subhra Parhi Country flag representing In CFO01-Jul-2014Current
Charulata Kabra Country flag representing In Company Secretary15-Feb-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Rohinton Babaycon Country flag representing In Director 30-May-2024Current
Anuradha Kanoria Country flag representing In Whole-Time Director 23-Jul-2009Current
Ravindra Suchanti Country flag representing In Director 28-Apr-2023Current
Shruti Swaika Country flag representing In Director 06-May-2022Current
Dipankar Samanta Country flag representing In Director 30-May-2023Current

Financial Performance of Kanco Tea & Industries.

Kanco Tea & Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.13% increase. The company also saw a substantial fall in profitability, with a 42.7% decrease in profit. The company's net worth moved up by a moderate rise of 9.18%.

Kanco Tea & Industries revenue growth over time
Kanco Tea & 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
12.13%
Revenue from Operations
26.83%
Total Assets
10.87%
Profit or Loss
-42.70%
Net Worth
9.18%
EBITDA
45.76%

What is the Ownership and Shareholding Structure of Kanco Tea & Industries?

In 2023, Kanco Tea & Industries had a promoter holding of 70.35% and a public holding of 29.65%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.30 Cr

Satisfied Charges

₹60.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 57.30 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2020Others₹6.00 CrOpen
31 Mar 2017Others₹31.20 CrOpen
31 Mar 2017Others₹20.10 CrOpen
14 Jan 2015Punjab National Bank₹7.90 CrSatisfied
11 Feb 2014Punjab National Bank₹7.90 CrSatisfied

How Many Employees Work at Kanco Tea & Industries?

Kanco Tea & Industries has a workforce of 29 employees as of Apr 04, 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.

Employee growth trends for Kanco Tea & Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kanco Tea & 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 Kanco Tea & 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 Kanco Tea & Industries

Recent activity within the organization

  • Annual General Meeting

    Kanco Tea & Industries Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 31.20 Cr registered on 31 Mar 2017 with Charge ID 100093713 was modified on 31 May 2024.

  • Director Appointment

    Rohinton Kurus Babaycon was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 11 months 6 days .

  • Balance Sheet

    Kanco Tea & Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Dipankar Samanta was appointed as a Director was appointed as a Director on 30 May 2023 & has been associated with this company since 1 year 11 months .

  • Director Appointment

    Ravindra Suchanti was appointed as a Director was appointed as a Director on 28 Apr 2023 & has been associated with this company since 2 years 8 days .

Frequently asked questions

  • What is the Incorporation or founding date of Kanco Tea & Industries Limited?

    Kanco Tea & Industries Limited was incorporated on 07 Feb 1983.

  • What is authorized share capital and paid-up capital of Kanco Tea & Industries Limited?

    The authorized share capital of Kanco Tea & Industries Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.12 Cr.

  • Who are the current board members & directors of Kanco Tea & Industries Limited?

    Currently 8 directors are associated with Kanco Tea & Industries Limited.

    • Umang Kanoria
    • Anuradha Kanoria
    • Ravindra Suchanti
    • Rohinton Kurus Babaycon
    • Shruti Swaika
    • Dipankar Samanta
    • Subhra Kanta Parhi
    • Charulata Kabra

  • What is the registered address of Kanco Tea & Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kanco Tea & Industries Limited is 31 Shakespeare Sarani 3Rd Floor India, Calcutta, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Kanco Tea & Industries Limited?

    The corporate identification number (CIN) of Kanco Tea & Industries Limited is L15491WB1983PLC035793 and the company number is 035793 as per Ministry of Corporate Affairs (MCA).

  • Is Kanco Tea & Industries Limited registered with any stock exchange in India?

    Yes, Kanco Tea & Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Kanco Tea & Industries Limited?

    The Official website of Kanco Tea & Industries Limited is https://www.kancotea.in

  • What has been the recent revenue trend for Kanco Tea & Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kanco Tea & Industries Limited has risen by 12.13%.

  • How many employees does Kanco Tea & Industries Limited currently have?

    As Per 2023 financial reports, 29 employees are currently employed by Kanco Tea & Industries Limited.

  • What change has been observed in the net worth of Kanco Tea & Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kanco Tea & Industries Limited has experienced an upsurge of 9.18%.

  • What are the total open charges for Kanco Tea & Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kanco Tea & Industries Limited amount to ₹ 57.30 Cr.

  • When was the last Balance Sheet of Kanco Tea & Industries Limited filed with the ROC?

    The most recent Balance Sheet for Kanco Tea & Industries Limited was filed with the ROC on 31 Mar 2024.

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