The Devashola Nilgiri Tea Estates Company Limited

Tea estate company providing short-stay accommodation and tourism services since 1929.

1929 | Nilgiris, Tamil Nadu (India) | Active
Last Updated:

The Devashola Nilgiri Tea Estates Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.40 M
  • Company Age 96 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.85 Cr
  • Satisfied Charges ₹ 5.01 Cr
  • Revenue Growth 14.47%
  • Profit Growth 27.28%
  • Ebitda 70.15%
  • Net Worth -45.72%
  • Total Assets 2.70%

About The Devashola Nilgiri Tea Estates Company

The Devashola Nilgiri Tea Estates Company Limited (TDNTECL) was founded in India on 07 February 1929 and has a glorious history of 96 years and one month.Its registered office is in Nilgiris, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 2.40 M.

The company currently has active open charges totaling ₹2.85 Cr. The company has closed loans amounting to ₹5.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Devashola Nilgiri Tea Estates Company Limited India is Ashwin Medum as CFO. Sivaswami Venkataramani, Balaji Medum, Lakshman Medum, and Three other members serve as directors at the Company.

Company Details

  • Location

    Nilgiris, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01132TZ1929PLC007817

  • Company No.

    007817

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1929

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Agriculture
Travel and Hospitality

Who are the key members and board of directors at The Devashola Nilgiri Tea Estates Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Lakshman Medum Country flag representing In Managing Director11-Nov-2013Current
Ashwin Medum Country flag representing In CFO11-Nov-2013Current

Board Members (5)

NameDesignationAppointment DateStatus
Sivaswami Venkataramani Country flag representing In Director 24-Aug-2024Current
Balaji Medum Country flag representing In Director 20-Sep-1991Current
Santhanam Sathyanarayanan Country flag representing In Director 24-Aug-2024Current
Ashwin Medum Country flag representing In Whole-Time Director and Cfo 30-Jul-2011Current
Munusamy Surendramohan Director 24-Aug-2024Current

Financial Performance of The Devashola Nilgiri Tea Estates Company.

The Devashola Nilgiri Tea Estates Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.47% increase. The company also saw a substantial improvement in profitability, with a 27.28% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.72%.

The Devashola Nilgiri Tea Estates Company revenue growth over time
The Devashola Nilgiri Tea Estates Company 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
14.47%
Revenue from Operations
14.14%
Total Assets
2.70%
Profit or Loss
27.28%
Net Worth
-45.72%
EBITDA
70.15%

What is the Ownership and Shareholding Structure of The Devashola Nilgiri Tea Estates Company?

In 2022, The Devashola Nilgiri Tea Estates Company had a promoter holding of 83.77% and a public holding of 16.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.85 Cr

Satisfied Charges

₹5.01 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 2.75 Cr
  • Others : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2019Others₹0.97 MOpen
27 Oct 1994Indian Bank₹2.75 CrOpen
24 Nov 2011Indian Bank₹0.53 MSatisfied
31 Mar 2009Indian Bank₹0.82 MSatisfied
21 Sep 1999Indian Bank₹1.50 MSatisfied

How Many Employees Work at The Devashola Nilgiri Tea Estates Company?

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

Employee growth trends for The Devashola Nilgiri Tea Estates Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Devashola Nilgiri Tea Estates Company, 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 The Devashola Nilgiri Tea Estates Company'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 The Devashola Nilgiri Tea Estates Company

Recent activity within the organization

  • Annual General Meeting

    The Devashola Nilgiri Tea Estates Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sivaswami Venkataramani was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 7 months 8 days .

  • Director Appointment

    Santhanam Sathyanarayanan was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 7 months 8 days .

  • Director Appointment

    Munusamy Surendramohan was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 7 months 8 days .

  • Charges

    A charge with Indian Bank of Rs. 2.75 Cr registered on 27 Oct 1994 with Charge ID 90326717 was modified on 03 Apr 2024.

  • Balance Sheet

    The Devashola Nilgiri Tea Estates Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

Frequently asked questions

  • What is the Incorporation or founding date of The Devashola Nilgiri Tea Estates Company Limited?

    The Devashola Nilgiri Tea Estates Company Limited was incorporated on 07 Feb 1929.

  • What is authorized share capital and paid-up capital of The Devashola Nilgiri Tea Estates Company Limited?

    The authorized share capital of The Devashola Nilgiri Tea Estates Company Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.40 M.

  • Who are the current board members & directors of The Devashola Nilgiri Tea Estates Company Limited?

    Currently 7 directors are associated with The Devashola Nilgiri Tea Estates Company Limited.

    • Sivaswami Venkataramani
    • Balaji Rao Medum
    • Lakshman Medum
    • Santhanam Sathyanarayanan
    • Ashwin Babu Medum
    • Munusamy Surendramohan
    • Ashwin Babu Medum

  • What is the registered address of The Devashola Nilgiri Tea Estates Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The Devashola Nilgiri Tea Estates Company Limited is 14Clovelley East Coonoor India, Nilgiris, Tamil Nadu, 643101.

  • What is the corporate identification number (CIN) and company number of The Devashola Nilgiri Tea Estates Company Limited?

    The corporate identification number (CIN) of The Devashola Nilgiri Tea Estates Company Limited is U01132TZ1929PLC007817 and the company number is 007817 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of The Devashola Nilgiri Tea Estates Company Limited?

    The Official website of The Devashola Nilgiri Tea Estates Company Limited is https://www.devashola.com

  • What has been the recent revenue trend for The Devashola Nilgiri Tea Estates Company Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for The Devashola Nilgiri Tea Estates Company Limited has risen by 14.47%.

  • What change has been observed in the net worth of The Devashola Nilgiri Tea Estates Company Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of The Devashola Nilgiri Tea Estates Company Limited has experienced an downturn of -45.72%.

  • What are the total open charges for The Devashola Nilgiri Tea Estates Company Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for The Devashola Nilgiri Tea Estates Company Limited amount to ₹ 2.85 Cr.

  • When was the last Balance Sheet of The Devashola Nilgiri Tea Estates Company Limited filed with the ROC?

    The most recent Balance Sheet for The Devashola Nilgiri Tea Estates Company Limited was filed with the ROC on 31 Mar 2024.

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