Lochan Tea Limited

Specializing in blending and trading of CTC tea, offering a variety of black, green, oolong, and white teas.

1992 | Siliguri, West Bengal (India) | Active
Last Updated: December 05, 2024

Lochan Tea Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.22 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.26 Cr
  • Revenue Growth -46.53%
  • Profit Growth 184.57%
  • Ebitda 56.81%
  • Net Worth 1.25%
  • Total Assets 5.33%

About Lochan Tea

Lochan Tea Limited (LTL) is a Public Limited Indian Non-Government Company incorporated in India on 10 April 1992 and has a history of 32 years and nine months. Its registered office is in Siliguri, West Bengal.

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 2.00 Cr and a paid-up capital of Rs 1.22 Cr.

The company currently has active open charges totaling ₹4.26 Cr.

Rajiv Lochan, Manisha Lochan, and Vivek Lochan serve as directors at the Company.

Company Details

  • Location
    Siliguri, West Bengal
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109WB1992PLC055194

  • Company No.

    055194

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

What products or services does Lochan Tea Limited offer?

Lochan Tea Limited offers a wide range of products and services, including Tea & Coffee, Tea, Whole Spices, Green Cardamom, Flavored Tea, Flower Tea, Herbal Tea, Green Herbal Tea, Chips, Green Tea.

Who are the key members and board of directors at Lochan Tea?

Board Members (3)

Name Designation Appointment Date Status
Vivek Lochan Country flag representing In Director 01-Oct-2012 Current
Rajiv Lochan Country flag representing In Director 10-Apr-1992 Current
Manisha Lochan Country flag representing In Director 22-Aug-2001 Current

Financial Performance of Lochan Tea.

Lochan Tea Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 46.53% decrease. The company also saw a substantial improvement in profitability, with a 184.57% increase in profit. The company's net worth moved up by a moderate rise of 1.25%.

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
-46.53%
Revenue from Operations
-49.17%
Total Assets
5.33%
Profit or Loss
184.57%
Net Worth
1.25%
EBITDA
56.81%

What is the Ownership and Shareholding Structure of Lochan Tea?

In 2021, Lochan Tea had a promoter holding of 96.40% and a public holding of 3.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.26 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.26 Cr

Latest Charge Details

Date Lender Amount Status
29 Apr 2020 Others ₹2.56 Cr Open
29 Jun 1999 Others ₹1.70 Cr Open

How Many Employees Work at Lochan Tea?

Unlock and access historical data on people associated with Lochan Tea, 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 Lochan Tea, 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 Lochan Tea'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 Lochan Tea

Recent activity within the organization

  • Annual General Meeting

    Lochan Tea Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 2.56 Cr registered on 29 Apr 2020 with Charge ID 100336852 was modified on 01 Sep 2024.

    01 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.56 Cr with Charge ID 100336852 was registered on 29 Apr 2020.

    29 Apr 2020

  • Charges

    A charge with Others of Rs. 1.70 Cr registered on 29 Jun 1999 with Charge ID 80016026 was modified on 07 Dec 2019.

    07 Dec 2019

  • Director Appointment

    Vivek Lochan was appointed as a Director was appointed as a Director on 01 Oct 2012 & has been associated with this company since 12 years 4 months .

    01 Oct 2012

Frequently asked questions

  • Lochan Tea Limited was incorporated on 10 Apr 1992.

  • The authorized share capital of Lochan Tea Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.22 Cr.

  • Currently 3 directors are associated with Lochan Tea Limited.

    • Rajiv Lochan
    • Manisha Lochan
    • Vivek Lochan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lochan Tea Limited is Narbada Apartments2Nd Mile Sevok Road India, Siliguri, West Bengal, 734402.

  • The corporate identification number (CIN) of Lochan Tea Limited is U51109WB1992PLC055194 and the company number is 055194 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lochan Tea Limited is https://www.lochantea.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Lochan Tea Limited has fallen by -46.53%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Lochan Tea Limited has experienced an upsurge of 1.25%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Lochan Tea Limited amount to ₹ 4.26 Cr.

  • The most recent Balance Sheet for Lochan Tea Limited was filed with the ROC on 31 Mar 2024.

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