Sayedabad Tea Co Ltd

Produces and markets tea from 1,000 acre estate, part of Terai Group, since 1919.

1919 | Kolkata, West Bengal (India) | Active
Last Updated: July 03, 2024

Sayedabad Tea Co Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 5.44 M
  • Company Age 105 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.27 Cr
  • Revenue Growth 10.51%
  • Profit Growth 225.13%
  • Ebitda 75.30%
  • Net Worth 3.26%
  • Total Assets 3.11%

About Sayedabad Tea Co

Sayedabad Tea Co Ltd (STCL) was founded in India on 27 October 1919 and has a glorious history of 105 years and three months. Its registered office is in Kolkata, West Bengal, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.50 M and a paid-up capital of Rs 5.44 M.

The company currently has active open charges totaling ₹13.27 Cr.

Rajesh Singhania, Rajendra Kanodia, Ajit Agarwala, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01132WB1919PLC003439

  • Company No.

    003439

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1919

  • 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 Sayedabad Tea Co?

Board Members (4)

Name Designation Appointment Date Status
Rajesh Singhania Country flag representing In Director 01-Apr-2005 Current
Rajendra Kanodia Country flag representing In Director 15-Sep-2004 Current
Ajit Agarwala Country flag representing In Director 19-Jan-2007 Current
Shashi Agarwala Country flag representing In Director 04-Dec-2007 Current

Financial Performance of Sayedabad Tea Co.

Sayedabad Tea Co Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 10.51% increase. The company also saw a substantial improvement in profitability, with a 225.13% increase in profit. The company's net worth moved up by a moderate rise of 3.26%.

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
10.51%
Revenue from Operations
10.58%
Total Assets
3.11%
Profit or Loss
225.13%
Net Worth
3.26%
EBITDA
75.30%

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

In 2021, Sayedabad Tea Co had a promoter holding of 37.09% and a public holding of 62.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹132.68 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 13.27 Cr

Latest Charge Details

Date Lender Amount Status
06 Jul 2021 Others ₹0.68 M Open
27 Apr 2005 Others ₹13.20 Cr Open

How Many Employees Work at Sayedabad Tea Co?

Sayedabad Tea Co has a workforce of 569 employees as of Mar 31, 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 Sayedabad 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 Sayedabad 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 Sayedabad Tea Co

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 132.00 M registered on 27 Apr 2005 with Charge ID 80012102 was modified on 06 Jan 2024.

    06 Jan 2024

  • Annual General Meeting

    Sayedabad Tea Co Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sayedabad Tea Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.68 M with Charge ID 100457387 was registered on 06 Jul 2021.

    06 Jul 2021

  • Director Appointment

    Shashi Kala Agarwala was appointed as a Director was appointed as a Director on 04 Dec 2007 & has been associated with this company since 17 years 1 month .

    04 Dec 2007

  • Director Appointment

    Ajit Kumar Agarwala was appointed as a Director was appointed as a Director on 19 Jan 2007 & has been associated with this company since 18 years 12 days .

    19 Jan 2007

Frequently asked questions

  • Sayedabad Tea Co Ltd was incorporated on 27 Oct 1919.

  • The authorized share capital of Sayedabad Tea Co Ltd is ₹ 5.50 M and paid-up capital is ₹ 5.44 M.

  • Currently 4 directors are associated with Sayedabad Tea Co Ltd.

    • Rajesh Singhania
    • Rajendra Kanodia
    • Ajit Kumar Agarwala
    • Shashi Kala Agarwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sayedabad Tea Co Ltd is 10Government Place (East) 1St Floor, Kolkata, West Bengal, India, 700069.

  • The corporate identification number (CIN) of Sayedabad Tea Co Ltd is U01132WB1919PLC003439 and the company number is 003439 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sayedabad Tea Co Ltd has risen by 10.51%.

  • As Per 2023 financial reports, 569 employees are currently employed by Sayedabad Tea Co Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sayedabad Tea Co Ltd has experienced an upsurge of 3.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sayedabad Tea Co Ltd amount to ₹ 13.27 Cr.

  • The most recent Balance Sheet for Sayedabad Tea Co Ltd was filed with the ROC on 31 Mar 2023.

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