Malhati Tea & Industries Ltd

Tea processing company with a tea garden in West Bengal, producing 14 lac kg of tea.

1929 | Kolkata, West Bengal (India) | Active
Last Updated:

Malhati Tea & Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 95 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.29 Cr
  • Satisfied Charges ₹ 5.15 Cr
  • Revenue Growth -13.76%
  • Profit Growth 105.17%
  • Ebitda 55.38%
  • Net Worth 98.20%
  • Total Assets 19.40%

About Malhati Tea & Industries

Malhati Tea & Industries Ltd (MTIL) was founded in India on 27 March 1929 and has a glorious history of 95 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Malhati Tea Syndicate 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹20.29 Cr. The company has closed loans amounting to ₹5.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Basant Berlia, Narendra Berlia, and Arun Berlia 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

    U15492WB1929PLC006313

  • Company No.

    006313

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Mar 1929

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

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

Board Members (3)

NameDesignationAppointment DateStatus
Basant Berlia Country flag representing In Director 28-Aug-2009Current
Narendra Berlia Country flag representing In Director 28-Aug-2009Current
Arun Berlia Country flag representing In Director 28-Aug-2009Current

Financial Performance of Malhati Tea & Industries.

Malhati Tea & Industries Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.76% decrease. The company also saw a substantial improvement in profitability, with a 105.17% increase in profit. The company's net worth Soared by an impressive increase of 98.2%.

Malhati Tea & Industries revenue growth over time
Malhati 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
-13.76%
Revenue from Operations
-13.16%
Total Assets
19.40%
Profit or Loss
105.17%
Net Worth
98.20%
EBITDA
55.38%

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

In 2021, Malhati Tea & Industries had a promoter holding of 87.71% and a public holding of 12.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹202.89 M

Satisfied Charges

₹51.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.62 Cr
  • Axis Bank Limited : 7.67 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2023Axis Bank Limited₹7.67 CrOpen
20 Nov 2018Hdfc Bank Limited₹7.06 CrOpen
29 Aug 2018Hdfc Bank Limited₹5.56 CrOpen
27 Mar 2012Bank Of Baroda₹5.15 CrSatisfied

How Many Employees Work at Malhati Tea & Industries?

Malhati Tea & Industries has a workforce of 875 employees as of Apr 03, 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 Malhati Tea & Industries Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Malhati Tea & Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Axis Bank Limited of Rs. 76.70 M registered on 07 Dec 2023 with Charge ID 100830765 was modified on 14 Mar 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 76.70 M with Charge ID 100830765 was registered on 07 Dec 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.59 M registered on 20 Nov 2018 with Charge ID 100227839 was modified on 14 Mar 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 55.59 M registered on 29 Aug 2018 with Charge ID 100207276 was modified on 14 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Malhati Tea & Industries Ltd?

    Malhati Tea & Industries Ltd was incorporated on 27 Mar 1929.

  • What is authorized share capital and paid-up capital of Malhati Tea & Industries Ltd?

    The authorized share capital of Malhati Tea & Industries Ltd is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Malhati Tea & Industries Ltd?

    Currently 3 directors are associated with Malhati Tea & Industries Ltd.

    • Basant Kumar Berlia
    • Narendra Berlia
    • Arun Berlia

  • What is the registered address of Malhati Tea & Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Malhati Tea & Industries Ltd is 2A Ganesh Chandra Avenue 5Th Floor, Room No. - 7 India, Kolkata, West Bengal, 700013.

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

    The corporate identification number (CIN) of Malhati Tea & Industries Ltd is U15492WB1929PLC006313 and the company number is 006313 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Malhati Tea & Industries Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Malhati Tea & Industries Ltd has fallen by -13.76%.

  • How many employees does Malhati Tea & Industries Ltd currently have?

    As Per 2022 financial reports, 875 employees are currently employed by Malhati Tea & Industries Ltd.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Malhati Tea & Industries Ltd has experienced an upsurge of 98.20%.

  • What are the total open charges for Malhati Tea & Industries Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Malhati Tea & Industries Ltd amount to ₹ 20.29 Cr.

  • When was the last Balance Sheet of Malhati Tea & Industries Ltd filed with the ROC?

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

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