Peermade Tea Co Ltd

This company processes and trades tea, acquires land and other assets, and has been in operation since 1938.

1938 | Thiruvananthapuram, Kerala (India) | Active
Last Updated: January 11, 2025

Peermade Tea Co Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 2.13 M
  • Company Age 86 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.60 M
  • Satisfied Charges ₹ 3.00 M
  • Revenue Growth -19.45%
  • Profit Growth 6.66%
  • Net Worth -0.18%
  • Total Assets

About Peermade Tea Co

Peermade Tea Co Ltd (PTCL) was founded in India on 10 September 1938 and has a glorious history of 86 years and five months.Its registered office is in Thiruvananthapuram, Kerala, India.

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 4.00 M and a paid-up capital of Rs 2.13 M.

The company currently has active open charges totaling ₹0.60 M. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Sivaramakrishna Sarma, Janak Fletcher, and Tharuvai Subbuswamy serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15491KL1938PLC000880

  • Company No.

    000880

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 1938

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Agriculture

Who are the key members and board of directors at Peermade Tea Co?

Board Members (3)

Name Designation Appointment Date Status
Sivaramakrishna Sarma Country flag representing In Director 15-Jul-2022 Current
Janak Fletcher Country flag representing In Director 30-Jun-2010 Current
Tharuvai Subbuswamy Country flag representing In Director 22-Aug-1994 Current

Financial Performance of Peermade Tea Co.

Peermade Tea Co Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.45% decrease. The company also saw a slight improvement in profitability, with a 6.66% increase in profit. The company's net worth dipped by a decrease of 0.18%.

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
-19.45%
Revenue from Operations
Total Assets
Profit or Loss
6.66%
Net Worth
-0.18%
EBITDA

What is the Ownership and Shareholding Structure of Peermade Tea Co?

In 2018, Peermade Tea Co had a promoter holding of 87.50% and a public holding of 12.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.60 M

Satisfied Charges

₹3.00 M

Charges Breakdown by Lending Institutions

  • National And Grindlays Bank Ltd. : 0.03 Cr
  • The National & Grindleys Bank Ltd. : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
29 May 1959 The National & Grindleys Bank Ltd. ₹0.30 M Open
27 May 1959 National And Grindlays Bank Ltd. ₹0.30 M Open
06 May 1987 Bank Of Baroda ₹0.50 M Satisfied
06 Mar 1981 Bank Of Baroda ₹2.50 M Satisfied

How Many Employees Work at Peermade Tea Co?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Peermade 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 Peermade 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 Peermade Tea Co

Recent activity within the organization

  • Annual General Meeting

    Peermade Tea Co Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Peermade Tea Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Director Appointment

    Sivaramakrishna Sarma Ramakrishna Sarma was appointed as a Director was appointed as a Director on 15 Jul 2022 & has been associated with this company since 2 years 7 months .

    15 Jul 2022

  • Charges

    A charge registered on 06 May 1987 via Charge ID 90015616 with Bank Of Baroda was fully satisfied on 05 Jul 2012.

    05 Jul 2012

  • Charges

    A charge registered on 06 Mar 1981 via Charge ID 90015322 with Bank Of Baroda was fully satisfied on 05 Jul 2012.

    05 Jul 2012

  • Director Appointment

    Janak Fletcher was appointed as a Director was appointed as a Director on 30 Jun 2010 & has been associated with this company since 14 years 7 months .

    30 Jun 2010

Frequently asked questions

  • Peermade Tea Co Ltd was incorporated on 10 Sep 1938.

  • The authorized share capital of Peermade Tea Co Ltd is ₹ 4.00 M and paid-up capital is ₹ 2.13 M.

  • Currently 3 directors are associated with Peermade Tea Co Ltd.

    • Sivaramakrishna Sarma Ramakrishna Sarma
    • Janak Fletcher
    • Tharuvai Rajagopalan Subbuswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Peermade Tea Co Ltd is Tc 17/3748 Sri Ram Vihar Vbgra-10, Veera Bhadra Gardens India, Thiruvananthapuram, Kerala, 695004.

  • The corporate identification number (CIN) of Peermade Tea Co Ltd is U15491KL1938PLC000880 and the company number is 000880 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Peermade Tea Co Ltd has fallen by -19.45%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Peermade Tea Co Ltd has experienced an downturn of -0.18%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Peermade Tea Co Ltd amount to ₹ 0.60 M.

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

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