The Methoni Tea Company Limited

Produces high-quality Assam Orthodox teas with certified compliance to international standards.

1929 | Kolkata, West Bengal (India) | Active
Last Updated: January 08, 2025

The Methoni Tea Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.08 M
  • Company Age 95 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.55 Cr
  • Revenue Growth -91.85%
  • Profit Growth 2386.20%
  • Ebitda -128.00%
  • Net Worth 873.54%
  • Total Assets 340.25%

About The Methoni Tea Company

The Methoni Tea Company Limited (TMTCL) was founded in India on 19 December 1929 and has a glorious history of 95 years and one month.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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.08 M.

The company has closed loans amounting to ₹5.55 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Methoni Tea Company Limited India are Suchita Tiwari as CFO and Ghanshyam Pandiya as Company Secretary. Prahlad Jain, Sona Goenka, Anita Bubna, 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

    L15492WB1929PLC006618

  • Company No.

    006618

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 1929

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture

Who are the key members and board of directors at The Methoni Tea Company?

Executive Team (2)

Name Designation Appointment Date Status
Suchita Tiwari CFO 01-Jun-2022 Current
Ghanshyam Pandiya Company Secretary 16-Jan-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Prahlad Jain Country flag representing In Director 08-Oct-2015 Current
Sona Goenka Country flag representing In Director 08-Oct-2015 Current
Anita Bubna Country flag representing In Director 08-Oct-2015 Current
Rajendra Bubna Country flag representing In Whole-Time Director 13-Nov-2004 Current

Financial Performance of The Methoni Tea Company.

The Methoni Tea Company Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 91.85% decrease. The company also saw a substantial improvement in profitability, with a 2386.2% increase in profit. The company's net worth Soared by an impressive increase of 873.54%.

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
-91.85%
Revenue from Operations
Total Assets
340.25%
Profit or Loss
2386.20%
Net Worth
873.54%
EBITDA
-128.00%

What is the Ownership and Shareholding Structure of The Methoni Tea Company?

In 2022, The Methoni Tea Company had a promoter holding of 65.85% and a public holding of 34.16%. 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

Satisfied Charges

₹5.55 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 5.55 Cr

Latest Charge Details

Date Lender Amount Status
17 Jul 2020 Uco Bank ₹3.00 M Satisfied
14 Feb 2019 Uco Bank ₹3.00 Cr Satisfied
01 Oct 2004 Uco Bank ₹2.25 Cr Satisfied

How Many Employees Work at The Methoni Tea Company?

The Methoni Tea Company has a workforce of 2 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 The Methoni Tea 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 Methoni Tea 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 Methoni Tea Company

Recent activity within the organization

  • Annual General Meeting

    The Methoni Tea Company Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    The Methoni Tea Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Ghanshyam Pandiya was appointed as a Company Secretary was appointed as a Company Secretary on 16 Jan 2024 & has been associated with this company since 1 year 15 days .

    16 Jan 2024

  • Director Appointment

    Suchita Tiwari was appointed as a Cfo was appointed as a Cfo on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

  • Charges

    A charge registered on 17 Jul 2020 via Charge ID 100355946 with Uco Bank was fully satisfied on 21 Dec 2021.

    21 Dec 2021

  • Charges

    A charge registered on 14 Feb 2019 via Charge ID 100243991 with Uco Bank was fully satisfied on 21 Dec 2021.

    21 Dec 2021

Frequently asked questions

  • The Methoni Tea Company Limited was incorporated on 19 Dec 1929.

  • The authorized share capital of The Methoni Tea Company Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.08 M.

  • Currently 6 directors are associated with The Methoni Tea Company Limited.

    • Prahlad Lal Jain
    • Sona Goenka
    • Suchita Tiwari
    • Ghanshyam Pandiya
    • Anita Bubna
    • Rajendra Prasad Bubna
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Methoni Tea Company Limited is 75C Park Street 1St Floor India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of The Methoni Tea Company Limited is L15492WB1929PLC006618 and the company number is 006618 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Methoni Tea Company Limited is https://www.methonitea.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for The Methoni Tea Company Limited has fallen by -91.85%.

  • As Per 2022 financial reports, 2 employees are currently employed by The Methoni Tea Company Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of The Methoni Tea Company Limited has experienced an upsurge of 873.54%.

  • The most recent Balance Sheet for The Methoni Tea Company Limited was filed with the ROC on 31 Mar 2024.

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