The Devashola Nilgiri Tea Estates Company Limited logo

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:

December 09, 2024
HomeCompanyThe Devashola Nilgiri Tea Estates Company Limited

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

Executive Team (2)

NameDesignationAppointment DateStatus
Lakshman Medum InManaging Director05-Sep-1988Current
Ashwin Medum InCFO13-Nov-2014Current

Board Members(5)

NameDesignationAppointment DateStatus
Vasanadu Govind In Director 29-Nov-2001Current
Krishnaier Gopalakrishnan In Director 29-Nov-2001Current
Balaji Medum In Director 20-Sep-1991Current
Venkatakrishnan Upendran In Director 18-May-2009Current
Ashwin Medum In Whole-Time Director and Cfo 30-Jul-2011Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹2.85 Cr

₹5.01 Cr

LenderAmountStatus

Others

Creation Date: 19 Jun 2019
₹0.97 MOpen

Indian Bank

Creation Date: 27 Oct 1994
₹2.75 CrOpen

Indian Bank

Creation Date: 24 Nov 2011
₹0.53 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.

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Latest Updates, News, and FAQs on The Devashola Nilgiri Tea Estates Company

Recent activity within the organization

  • 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.

    03 Apr 2024

  • Annual General Meeting

    The Devashola Nilgiri Tea Estates Company Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    The Devashola Nilgiri Tea Estates Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100288507 was registered on 19 Jun 2019.

    19 Jun 2019

  • Charges

    A charge registered on 24 Nov 2011 via Charge ID 10328008 with Indian Bank was fully satisfied on 03 Sep 2013.

    03 Sep 2013

  • Charges

    A charge registered on 21 Sep 1999 via Charge ID 90327094 with Indian Bank was fully satisfied on 03 Sep 2013.

    03 Sep 2013

Frequently asked questions

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

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

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

    • Krishnaier Gopalakrishnan
    • Balaji Rao Medum
    • Lakshman Medum
    • Venkatakrishnan Upendran
    • Vasanadu Govind
    • Ashwin Babu Medum
    • Ashwin Babu Medum
  • 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.

  • 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).

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

  • 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%.

  • 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%.

  • 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.

  • The most recent Balance Sheet for The Devashola Nilgiri Tea Estates Company Limited was filed with the ROC on 31 Mar 2023.

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