Parry Agro Industries Limited

Cultivates and produces tea in India, with multiple tea estates and a variety of tea products.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Parry Agro Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.76 Cr
  • Company Age 13 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 86.30 Cr
  • Revenue Growth 7.09%
  • Profit Growth 74.73%
  • Ebitda -20.18%
  • Net Worth -6.69%
  • Total Assets -4.10%

About Parry Agro Industries

Parry Agro Industries Limited (PAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 March 2011 and has a history of 13 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Parry Estates 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 10.00 Cr and a paid-up capital of Rs 3.76 Cr.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹86.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Murugappan Venkatachalam, Sridharan Rangarajan, Sathia Chidambara, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parryagro.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01132TN2011PLC079800

  • Company No.

    079800

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2011

  • Date of AGM

    16 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Agriculture

What products or services does Parry Agro Industries Limited offer?

Parry Agro Industries Limited offers a wide range of products and services, including Tea & Coffee, Herbal Tea, Black Tea, CTC Tea, Premium Tea, Assam Tea, Green Herbal Tea, Green Tea.

Who are the key members and board of directors at Parry Agro Industries?

Board Members (6)

NameDesignationAppointment DateStatus
Murugappan Venkatachalam Country flag representing In Director 23-Mar-2011Current
Sridharan Rangarajan Country flag representing In Director 22-Jan-2021Current
Sathia Chidambara Country flag representing In Director 10-Oct-2022Current
Ramesh Menon Country flag representing In Director 24-Oct-2014Current
Adepalli Sridhar Country flag representing In Director 23-Oct-2017Current
Thangavelu Jayaraman Country flag representing In Additional Director 02-Feb-2017Current

Financial Performance of Parry Agro Industries.

Parry Agro Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.09% increase. The company also saw a substantial improvement in profitability, with a 74.73% increase in profit. The company's net worth dipped by a decrease of 6.69%.

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
7.09%
Revenue from Operations
4.53%
Total Assets
-4.10%
Profit or Loss
74.73%
Net Worth
-6.69%
EBITDA
-20.18%

What is the Ownership and Shareholding Structure of Parry Agro Industries?

In 2023, Parry Agro Industries had a promoter holding of 95.82% and a public holding of 4.19%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.00 Cr

Satisfied Charges

₹86.30 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2012Hdfc Bank Limited₹4.00 CrOpen
25 Mar 2013Kotak Mahindra Bank Limited₹20.00 CrSatisfied
30 Jun 2012Yes Bank Limited₹50.00 CrSatisfied
28 Jun 2012State Bank Of India₹4.30 CrSatisfied
14 Jun 2012Yes Bank Limited₹12.00 CrSatisfied

How Many Employees Work at Parry Agro Industries?

Parry Agro Industries has a workforce of 2229 employees as of Apr 09, 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 Parry Agro 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 Parry Agro 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 Parry Agro Industries

Recent activity within the organization

  • Annual General Meeting

    Parry Agro Industries Limited last Annual general meeting of members was held on 16 Jul 2024 as per latest MCA records.

    16 Jul 2024

  • Balance Sheet

    Parry Agro Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Sathia Jeeva Krishnan Chidambara was appointed as a Director was appointed as a Director on 10 Oct 2022 & has been associated with this company since 2 years 4 months .

    10 Oct 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.00 Cr registered on 14 Jun 2012 with Charge ID 10365038 was modified on 11 Feb 2022.

    11 Feb 2022

  • Director Appointment

    Sridharan Rangarajan was appointed as a Director was appointed as a Director on 22 Jan 2021 & has been associated with this company since 4 years 29 days .

    22 Jan 2021

  • Charges

    A charge registered on 14 Jun 2012 via Charge ID 10364154 with Yes Bank Limited was fully satisfied on 12 Sep 2018.

    12 Sep 2018

Frequently asked questions

  • Parry Agro Industries Limited was incorporated on 23 Mar 2011.

  • The authorized share capital of Parry Agro Industries Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.76 Cr.

  • Currently 6 directors are associated with Parry Agro Industries Limited.

    • Murugappan Muthiah Venkatachalam
    • Sridharan Rangarajan
    • Sathia Jeeva Krishnan Chidambara
    • Ramesh K B Menon
    • Adepalli Sridhar
    • Thangavelu Jayaraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parry Agro Industries Limited is Parry House 43, Moore Street India, Chennai, Tamil Nadu, 600001.

  • The corporate identification number (CIN) of Parry Agro Industries Limited is U01132TN2011PLC079800 and the company number is 079800 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parry Agro Industries Limited is https://www.parryagro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parry Agro Industries Limited has risen by 7.09%.

  • As Per 2023 financial reports, 2229 employees are currently employed by Parry Agro Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parry Agro Industries Limited has experienced an downturn of -6.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parry Agro Industries Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Parry Agro Industries Limited was filed with the ROC on 31 Mar 2024.

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