The Nilgiri Tea Estates Limited

Produces tea leaves and operates a tea factory as part of AVG group.

1942 | Kottayam, Kerala (India) | Active
Last Updated: December 09, 2024

The Nilgiri Tea Estates Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.88 M
  • Company Age 82 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.05 Cr
  • Satisfied Charges ₹ 5.18 Cr
  • Revenue Growth -8.57%
  • Profit Growth -28.39%
  • Ebitda -5.66%
  • Net Worth -14.36%
  • Total Assets -4.15%

About The Nilgiri Tea Estates

The Nilgiri Tea Estates Limited (TNTEL) was founded in India on 01 December 1942 and has a glorious history of 82 years and two months.Its registered office is in Kottayam, 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 5.00 M and a paid-up capital of Rs 1.88 M.

The company currently has active open charges totaling ₹5.05 Cr. The company has closed loans amounting to ₹5.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

George John, George Varkey, Alex George, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kottayam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avggroup.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01132KL1942PLC011547

  • Company No.

    011547

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1942

  • Date of AGM

    30 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 Nilgiri Tea Estates?

Board Members (6)

NameDesignationAppointment DateStatus
Ajay George Country flag representing In Director 01-Nov-2012Current
George John Country flag representing In Director 31-Aug-1989Current
George Varkey Country flag representing In Director 09-Jan-2007Current
Alex George Country flag representing In Whole-Time Director 30-Jun-2018Current
Thommen Kuruvilla Country flag representing In Director 30-Dec-2020Current
Mathew Thomas Country flag representing In Director 29-Jan-2011Current

Financial Performance of The Nilgiri Tea Estates.

The Nilgiri Tea Estates Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 8.57% decrease. The company also saw a substantial fall in profitability, with a 28.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.36%.

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
-8.57%
Revenue from Operations
-6.79%
Total Assets
-4.15%
Profit or Loss
-28.39%
Net Worth
-14.36%
EBITDA
-5.66%

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

In 2023, The Nilgiri Tea Estates had a promoter holding of 64.25% and a public holding of 35.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.45 M

Satisfied Charges

₹51.75 M

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • Hdfc Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2023Others₹5.00 CrOpen
09 Oct 2007Hdfc Bank Limited₹0.45 MOpen
25 Aug 2021Canara Bank₹1.00 CrSatisfied
11 Sep 2020Canara Bank₹1.50 CrSatisfied
26 Nov 2005Syndicate Bank₹9.00 MSatisfied

How Many Employees Work at The Nilgiri Tea Estates?

The Nilgiri Tea Estates has a workforce of 64 employees as of Apr 08, 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 Nilgiri Tea Estates, 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 Nilgiri Tea Estates'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 Nilgiri Tea Estates

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 50.00 M registered on 27 Nov 2023 with Charge ID 100830223 was modified on 10 Sep 2024.

    10 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 25 Aug 2021 via Charge ID 100480814 with Canara Bank was fully satisfied on 05 Dec 2023.

    05 Dec 2023

  • Charges

    A charge registered on 11 Sep 2020 via Charge ID 100384794 with Canara Bank was fully satisfied on 05 Dec 2023.

    05 Dec 2023

  • Charges

    A charge registered on 26 Nov 2005 via Charge ID 90023273 with Syndicate Bank was fully satisfied on 05 Dec 2023.

    05 Dec 2023

Frequently asked questions

  • The Nilgiri Tea Estates Limited was incorporated on 01 Dec 1942.

  • The authorized share capital of The Nilgiri Tea Estates Limited is ₹ 5.00 M and paid-up capital is ₹ 1.88 M.

  • Currently 6 directors are associated with The Nilgiri Tea Estates Limited.

    • George Ancheril John
    • George Ancheril Varkey
    • Alex George
    • Thommen Thamarapallil Kuruvilla
    • Mathew Thomas
    • Ajay John George
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Nilgiri Tea Estates Limited is Ancheril Bank Building, Baker Junction India, Kottayam, Kerala, 686001.

  • The corporate identification number (CIN) of The Nilgiri Tea Estates Limited is U01132KL1942PLC011547 and the company number is 011547 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Nilgiri Tea Estates Limited is https://www.avggroup.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for The Nilgiri Tea Estates Limited has fallen by -8.57%.

  • As Per 2022 financial reports, 64 employees are currently employed by The Nilgiri Tea Estates Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of The Nilgiri Tea Estates Limited has experienced an downturn of -14.36%.

  • As per the financial statements for fiscal Year 2022, The total open charges for The Nilgiri Tea Estates Limited amount to ₹ 5.05 Cr.

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

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