New Darjeeling Union Tea Co Ltd

Produces and trades tea from Darjeeling with large plantation and high production capacity.

1923 | Kolkata, West Bengal (India) | Active
Last Updated: January 01, 2025

New Darjeeling Union Tea Co Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.88 M
  • Company Age 101 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.31 Cr
  • Satisfied Charges ₹ 3.74 M
  • Revenue Growth -19.22%
  • Profit Growth -77.10%
  • Ebitda -61.55%
  • Net Worth 0.50%
  • Total Assets -2.32%

About New Darjeeling Union Tea Co

New Darjeeling Union Tea Co Ltd (NDUTCL) was founded in India on 21 September 1923 and has a glorious history of 101 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as The New Darjeeling Union Tea Company 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.88 M.

The company currently has active open charges totaling ₹15.31 Cr. The company has closed loans amounting to ₹3.74 M, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Singhania, Rajendra Kanodia, Shashi Agarwala, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    teraigroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15491WB1923PLC004753

  • Company No.

    004753

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1923

  • 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 New Darjeeling Union Tea Co?

Board Members (6)

NameDesignationAppointment DateStatus
Rajesh Singhania Country flag representing In Director 14-Mar-2014Current
Rajendra Kanodia Country flag representing In Director 14-Mar-2014Current
Shashi Agarwala Country flag representing In Director 14-Mar-2014Current
Ajit Agarwala Country flag representing In Director 14-Mar-2014Current
Kamal Bihani Country flag representing In Director 14-Mar-2014Current
Sita Sharma Country flag representing In Director 14-Mar-2014Current

Financial Performance of New Darjeeling Union Tea Co.

New Darjeeling Union Tea Co Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.22% decrease. The company also saw a substantial fall in profitability, with a 77.1% decrease in profit. The company's net worth moved up by a moderate rise of 0.5%.

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
-19.22%
Revenue from Operations
-20.14%
Total Assets
-2.32%
Profit or Loss
-77.10%
Net Worth
0.50%
EBITDA
-61.55%

What is the Ownership and Shareholding Structure of New Darjeeling Union Tea Co?

In 2022, New Darjeeling Union Tea Co had a promoter holding of 9.06% and a public holding of 90.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹153.08 M

Satisfied Charges

₹3.74 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 15.24 Cr
  • Others : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2021Others₹0.68 MOpen
11 Sep 2015Bank Of India₹15.24 CrOpen
05 Jan 1993The Central Bank Of India₹3.74 MSatisfied

How Many Employees Work at New Darjeeling Union Tea Co?

New Darjeeling Union Tea Co has a workforce of 321 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Darjeeling Union Tea Co, 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 New Darjeeling Union Tea Co'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 New Darjeeling Union Tea Co

Recent activity within the organization

  • Annual General Meeting

    New Darjeeling Union Tea Co Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    New Darjeeling Union Tea Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Bank Of India of Rs. 152.40 M registered on 11 Sep 2015 with Charge ID 10594287 was modified on 19 May 2023.

    19 May 2023

  • Charges

    A charge with Others amounted to Rs. 0.68 M with Charge ID 100456315 was registered on 06 Jul 2021.

    06 Jul 2021

  • Charges

    A charge with Bank Of India amounted to Rs. 152.40 M with Charge ID 10594287 was registered on 11 Sep 2015.

    11 Sep 2015

  • Charges

    A charge registered on 05 Jan 1993 via Charge ID 90255699 with The Central Bank Of India was fully satisfied on 06 Dec 2014.

    06 Dec 2014

Frequently asked questions

  • New Darjeeling Union Tea Co Ltd was incorporated on 21 Sep 1923.

  • The authorized share capital of New Darjeeling Union Tea Co Ltd is ₹ 2.00 M and paid-up capital is ₹ 0.88 M.

  • Currently 6 directors are associated with New Darjeeling Union Tea Co Ltd.

    • Rajesh Singhania
    • Rajendra Kanodia
    • Shashi Kala Agarwala
    • Ajit Kumar Agarwala
    • Kamal Kishore Bihani
    • Sita Ram Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of New Darjeeling Union Tea Co Ltd is Ezra Mansion 10, Government Place (East) India, Kolkata, West Bengal, 700069.

  • The corporate identification number (CIN) of New Darjeeling Union Tea Co Ltd is U15491WB1923PLC004753 and the company number is 004753 as per Ministry of Corporate Affairs (MCA).

  • The Official website of New Darjeeling Union Tea Co Ltd is https://www.teraigroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for New Darjeeling Union Tea Co Ltd has fallen by -19.22%.

  • As Per 2022 financial reports, 321 employees are currently employed by New Darjeeling Union Tea Co Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of New Darjeeling Union Tea Co Ltd has experienced an upsurge of 0.50%.

  • As per the financial statements for fiscal Year 2022, The total open charges for New Darjeeling Union Tea Co Ltd amount to ₹ 15.31 Cr.

  • The most recent Balance Sheet for New Darjeeling Union Tea Co Ltd was filed with the ROC on 31 Mar 2024.

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