Merico Tea Estate Limited

Tea processing and trading company with registered offices in Kolkata, West Bengal.

2009 | Kolkata, West Bengal (India) | Active
Last Updated:

Merico Tea Estate Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.55 Cr
  • Company Age 15 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.84 Cr
  • Revenue Growth 13.06%
  • Profit Growth 101.76%
  • Ebitda 613.99%
  • Net Worth 1.25%
  • Total Assets 14.85%

About Merico Tea Estate

Merico Tea Estate Limited (MTEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 May 2009 and has a history of 15 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Pailan Merico Tea Estate Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.55 Cr.

The company has closed loans amounting to ₹8.84 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Uma Bose, Sharmila Basu, Bishnu Bose, 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

    U01400WB2009PLC134977

  • Company No.

    134977

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 May 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

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

Executive Team (1)

NameDesignationAppointment DateStatus
Surajit Baksi Country flag representing In Managing DirectorCurrent

Board Members (5)

NameDesignationAppointment DateStatus
Uma Bose Country flag representing In Director 08-Dec-2017Current
Sharmila Basu Country flag representing In Director 08-Dec-2017Current
Bishnu Bose Country flag representing In Director 08-Dec-2017Current
Manjula Bose Country flag representing In Director 08-Dec-2017Current
Kalpana Bose Country flag representing In Director 08-Dec-2017Current

Financial Performance of Merico Tea Estate.

Merico Tea Estate Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.06% increase. The company also saw a substantial improvement in profitability, with a 101.76% increase in profit. The company's net worth moved up by a moderate rise of 1.25%.

Merico Tea Estate revenue growth over time
Merico Tea Estate 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
13.06%
Revenue from Operations
13.93%
Total Assets
14.85%
Profit or Loss
101.76%
Net Worth
1.25%
EBITDA
613.99%

What is the Ownership and Shareholding Structure of Merico Tea Estate?

In 2023, Merico Tea Estate had a promoter holding of 100.00%. 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

₹8.84 Cr

Charges Breakdown by Lending Institutions

  • United Bank Of India : 8.84 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jan 2010United Bank Of India₹8.84 CrSatisfied

How Many Employees Work at Merico Tea Estate?

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

Employee growth trends for Merico Tea Estate Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Merico Tea Estate, 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 Merico Tea Estate'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 Merico Tea Estate

Recent activity within the organization

  • Annual General Meeting

    Merico Tea Estate Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Merico Tea Estate Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Uma Bose was appointed as a Director was appointed as a Director on 08 Dec 2017 & has been associated with this company since 7 years 3 months .

  • Director Appointment

    Sharmila Basu was appointed as a Director was appointed as a Director on 08 Dec 2017 & has been associated with this company since 7 years 3 months .

  • Director Appointment

    Bishnu Bose was appointed as a Director was appointed as a Director on 08 Dec 2017 & has been associated with this company since 7 years 3 months .

  • Director Appointment

    Manjula Bose was appointed as a Director was appointed as a Director on 08 Dec 2017 & has been associated with this company since 7 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Merico Tea Estate Limited?

    Merico Tea Estate Limited was incorporated on 06 May 2009.

  • What is authorized share capital and paid-up capital of Merico Tea Estate Limited?

    The authorized share capital of Merico Tea Estate Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.55 Cr.

  • Who are the current board members & directors of Merico Tea Estate Limited?

    Currently 6 directors are associated with Merico Tea Estate Limited.

    • Uma Bose
    • Sharmila Basu
    • Bishnu Bose
    • Manjula Bose
    • Kalpana Bose
    • Surajit Baksi

  • What is the registered address of Merico Tea Estate Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Merico Tea Estate Limited is Village & Post-Rajballavpur District-North-24 Parganas, Kolkata, West Bengal, India, 743289.

  • What is the corporate identification number (CIN) and company number of Merico Tea Estate Limited?

    The corporate identification number (CIN) of Merico Tea Estate Limited is U01400WB2009PLC134977 and the company number is 134977 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Merico Tea Estate Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Merico Tea Estate Limited has risen by 13.06%.

  • What change has been observed in the net worth of Merico Tea Estate Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Merico Tea Estate Limited has experienced an upsurge of 1.25%.

  • When was the last Balance Sheet of Merico Tea Estate Limited filed with the ROC?

    The most recent Balance Sheet for Merico Tea Estate Limited was filed with the ROC on 31 Mar 2023.

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