The Highland Produce Co Ltd

This company produces CTC tea, cardamom, and other agricultural products, and also manufactures doors and panel boards.

1925 | Alappuzha, Kerala (India) | Active
Last Updated: November 16, 2024

The Highland Produce Co Profile

Key Indicators

  • Authorised Capital ₹ 2.40 Cr
  • Paid Up Capital ₹ 5.40 M
  • Company Age 99 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.40 Cr
  • Satisfied Charges ₹ 29.82 Cr
  • Revenue Growth 4.85%
  • Profit Growth 82.54%
  • Ebitda 2.94%
  • Net Worth 30.77%
  • Total Assets 14.37%

About The Highland Produce Co

The Highland Produce Co Ltd (THPCL) was founded in India on 14 July 1925 and has a glorious history of 99 years and seven months. Its registered office is in Alappuzha, 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 2.40 Cr and a paid-up capital of Rs 5.40 M.

The company currently has active open charges totaling ₹22.40 Cr. The company has closed loans amounting to ₹29.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Swaminathan Ganesan, Kothaneth Ashok, Kotcherlakota Suresh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Alappuzha, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    highlandproduce.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01119KL1925PLC000416

  • Company No.

    000416

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 1925

  • Date of AGM

    25 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 The Highland Produce Co?

Executive Team (1)

NameDesignationAppointment DateStatus
Kotcherlakota Suresh Country flag representing In Managing Director01-Aug-2003Current

Board Members (4)

NameDesignationAppointment DateStatus
Swaminathan Ganesan Country flag representing In Director 12-Feb-2020Current
Kothaneth Ashok Country flag representing In Director 11-Jul-2018Current
Priyalatha Thomas Country flag representing In Director 29-Jul-1998Current
Dilip Thomas Country flag representing In Director 25-Apr-1985Current

Financial Performance of The Highland Produce Co.

The Highland Produce Co Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 4.85% increase. The company also saw a substantial improvement in profitability, with a 82.54% increase in profit. The company's net worth Soared by an impressive increase of 30.77%.

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
4.85%
Revenue from Operations
5.91%
Total Assets
14.37%
Profit or Loss
82.54%
Net Worth
30.77%
EBITDA
2.94%

What is the Ownership and Shareholding Structure of The Highland Produce Co?

In 2023, The Highland Produce Co had a promoter holding of 64.17% and a public holding of 35.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.40 Cr

Satisfied Charges

₹29.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 22.29 Cr
  • Icici Bank Ltd. : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2023Others₹2.70 MOpen
11 Sep 2023Others₹5.00 MOpen
29 Apr 2023Others₹1.75 MOpen
23 Feb 2023Others₹1.34 MOpen
11 Nov 2022Others₹4.00 MOpen

How Many Employees Work at The Highland Produce Co?

The Highland Produce Co has a workforce of 1200 employees as of Apr 10, 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 The Highland Produce 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 The Highland Produce 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 The Highland Produce Co

Recent activity within the organization

  • Annual General Meeting

    The Highland Produce Co Ltd last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    The Highland Produce Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 19.00 Cr registered on 10 Oct 2013 with Charge ID 10457532 was modified on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge registered on 08 Mar 2019 via Charge ID 100249904 with Others was fully satisfied on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100819320 was registered on 07 Nov 2023.

    07 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100788483 was registered on 11 Sep 2023.

    11 Sep 2023

Frequently asked questions

  • The Highland Produce Co Ltd was incorporated on 14 Jul 1925.

  • The authorized share capital of The Highland Produce Co Ltd is ₹ 2.40 Cr and paid-up capital is ₹ 5.40 M.

  • Currently 5 directors are associated with The Highland Produce Co Ltd.

    • Swaminathan Ganesan
    • Kothaneth Ashok
    • Kotcherlakota Suresh
    • Priyalatha Thomas
    • Dilip Thomas
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Highland Produce Co Ltd is W 21/674Beach Road P B No 4615 India, Alleppey, Kerala, 688012.

  • The corporate identification number (CIN) of The Highland Produce Co Ltd is U01119KL1925PLC000416 and the company number is 000416 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Highland Produce Co Ltd is https://www.highlandproduce.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Highland Produce Co Ltd has risen by 4.85%.

  • As Per 2023 financial reports, 1200 employees are currently employed by The Highland Produce Co Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Highland Produce Co Ltd has experienced an upsurge of 30.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Highland Produce Co Ltd amount to ₹ 22.40 Cr.

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

Similar Companies Based on Tea & Coffee Processing