Merico Tea Estate Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.55 Cr
- Company Age 15 Year, 9 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 nine 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
Who are the key members and board of directors at Merico Tea Estate?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surajit Baksi  | Managing Director | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Uma Bose | Director | 08-Dec-2017 | Current |
| Sharmila Basu | Director | 08-Dec-2017 | Current |
| Bishnu Bose | Director | 08-Dec-2017 | Current |
| Manjula Bose | Director | 08-Dec-2017 | Current |
| Kalpana Bose | Director | 08-Dec-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Basu Chicks And Feed Private LimitedUma Bose, Sharmila Basu and 3 more are mutual person
- Rabindranath Bose Memorial Healthcare Private Limited
Uma Bose, Sharmila Basu and 2 more are mutual person
- Basu Agrofarms Private Limited
Sharmila Basu and Bishnu Bose are mutual person
- Feedatives Pharma Pvt Ltd
Sharmila Basu, Bishnu Bose and 1 more are mutual person
- Hudson Agronomy Private Limited
Bishnu Bose and Manjula Bose are mutual person
- Purva Breeders Private Limited
Bishnu Bose is a mutual person
Charges (Loans)
₹0
₹8.84 Cr
Charges Breakdown by Lending Institutions
- United Bank Of India : 8.84 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2010 | United Bank Of India | ₹8.84 Cr | Satisfied |
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.
Deals i
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
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
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.
