Kharikatia Tea & Industries Limited

Produces, markets, and manages tea estates, recently acquired Woka Tea Estate in Assam.

1980 | North 24 Parganas, West Bengal (India) | Under Liquidation
Last Updated: May 08, 2024

Kharikatia Tea & Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.11 Cr
  • Company Age 44 Year, 6 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 8.15 Cr
  • Revenue Growth -55.64%
  • Profit Growth 51.90%
  • Ebitda 42.18%
  • Net Worth -0.64%
  • Total Assets -1.07%

About Kharikatia Tea & Industries

Kharikatia Tea & Industries Limited (KTIL) is Under Liquidation company established on 11 Aug 1980 with its office registered at North 24 Parganas, West Bengal, India and has been running since 44 Year, 6 Months with a paid up capital of 1.11 Cr. According to MCA records, 3 Directors are linked to this company as of 08 May 2024.

Company Details

  • Location

    North 24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kharikatiatea.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L70101WB1980PLC032922

  • Company No.

    032922

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1980

  • Date of AGM

    29 Jun 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture

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

Executive Team (1)

NameDesignationAppointment DateStatus
Nitin Sarawagi Country flag representing In Managing Director07-Mar-2013Current

Board Members (2)

NameDesignationAppointment DateStatus
Sunit Sarawagi Country flag representing In Director 02-Apr-2013Current
Dhanpat Surana Country flag representing In Director 07-Mar-2013Current

Financial Performance of Kharikatia Tea & Industries.

Kharikatia Tea & Industries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 55.64% decrease. The company also saw a substantial improvement in profitability, with a 51.9% increase in profit. The company's net worth dipped by a decrease of 0.64%.

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
-55.64%
Revenue from Operations
Total Assets
-1.07%
Profit or Loss
51.90%
Net Worth
-0.64%
EBITDA
42.18%

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

In 2021, Kharikatia Tea & Industries had a promoter holding of 74.31% and a public holding of 25.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.15 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 4.43 Cr
  • Punjab National Bank : 3.72 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2013Icici Bank Limited₹4.43 CrSatisfied
05 Jan 1998Punjab National Bank₹3.02 CrSatisfied
02 Jan 1997Punjab National Bank₹7.00 MSatisfied

How Many Employees Work at Kharikatia Tea & Industries?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Kharikatia Tea & Industries Limited last Annual general meeting of members was held on 29 Jun 2021 as per latest MCA records.

    29 Jun 2021

  • Balance Sheet

    Kharikatia Tea & Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata.

    31 Mar 2021

  • Charges

    A charge registered on 23 Aug 2013 via Charge ID 10445824 with Icici Bank Limited was fully satisfied on 07 Nov 2019.

    07 Nov 2019

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 4.43 Cr with Charge ID 10445824 was registered on 23 Aug 2013.

    23 Aug 2013

  • Director Appointment

    Sunit Kumar Sarawagi was appointed as a Director was appointed as a Director on 02 Apr 2013 & has been associated with this company since 11 years 10 months .

    02 Apr 2013

  • Director Appointment

    Nitin Sarawagi was appointed as a Managing Director was appointed as a Managing Director on 07 Mar 2013 & has been associated with this company since 11 years 11 months .

    07 Mar 2013

Frequently asked questions

  • Kharikatia Tea & Industries Limited was incorporated on 11 Aug 1980.

  • The authorized share capital of Kharikatia Tea & Industries Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.11 Cr.

  • Currently 3 directors are associated with Kharikatia Tea & Industries Limited.

    • Sunit Kumar Sarawagi
    • Nitin Sarawagi
    • Dhanpat Singh Surana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kharikatia Tea & Industries Limited is Cf-366 Salt Lake City Sector - I, Kolkata, West Bengal, India, 700064.

  • The corporate identification number (CIN) of Kharikatia Tea & Industries Limited is L70101WB1980PLC032922 and the company number is 032922 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kharikatia Tea & Industries Limited is https://www.kharikatiatea.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Kharikatia Tea & Industries Limited has fallen by -55.64%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Kharikatia Tea & Industries Limited has experienced an downturn of -0.64%.

  • The most recent Balance Sheet for Kharikatia Tea & Industries Limited was filed with the ROC on 31 Mar 2021.

Similar Companies Based on Tea & Coffee Processing