The Tamilnadu Tea Plantation Corporation Limited

Government-owned company producing black tea with clonal plantations and 8 factories, employing 9,000 workers.

1975 | Nilgiris, Tamil Nadu (India) | Active
Last Updated: December 26, 2024

The Tamilnadu Tea Plantation Corporation Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 14.96 Cr
  • Company Age 49 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.67 Cr
  • Satisfied Charges ₹ 5.39 Cr
  • Revenue Growth -21.11%
  • Profit Growth -582.16%
  • Ebitda -228.06%
  • Net Worth -19.09%
  • Total Assets -20.33%

About The Tamilnadu Tea Plantation Corporation

The Tamilnadu Tea Plantation Corporation Limited (TTTPCL) is a leading Private Limited State Government Company incorporated in India on 22 August 1975 and has a history of 49 years and six months. 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 25.00 Cr and a paid-up capital of Rs 14.96 Cr.

The company currently has active open charges totaling ₹15.67 Cr. The company has closed loans amounting to ₹5.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Tamilnadu Tea Plantation Corporation Limited India is Sivananthan Balusamy as COMPANY SECRETARY. Supriya Sahu, Srinivas Reddy, Subrat Mohapatra, and Four other members serve as directors at the Company.

Company Details

  • Location

    Nilgiris, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tantea.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01132TZ1975SGC000736

  • Company No.

    000736

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    22 Aug 1975

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Agriculture

Who are the key members and board of directors at The Tamilnadu Tea Plantation Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Srinivas Reddy Country flag representing In Managing Director03-May-2018Current
Sivananthan Balusamy Country flag representing In Company Secretary05-May-2015Current

Board Members (6)

NameDesignationAppointment DateStatus
Supriya Sahu Country flag representing In Director 20-Jul-2021Current
Subrat Mohapatra Country flag representing In Director 10-Feb-2023Current
Sibi Kumar Country flag representing In Director 02-May-2022Current
Rajavel Devi Country flag representing In Director 01-Jul-2021Current
Jacintha Lazarus Country flag representing In Director 14-Dec-2020Current
Muthusami Muthukumar Country flag representing In Director 01-Sep-2022Current

Financial Performance of The Tamilnadu Tea Plantation Corporation.

The Tamilnadu Tea Plantation Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 21.11% decrease. The company also saw a substantial fall in profitability, with a 582.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.09%.

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
-21.11%
Revenue from Operations
-20.78%
Total Assets
-20.33%
Profit or Loss
-582.16%
Net Worth
-19.09%
EBITDA
-228.06%

What is the Ownership and Shareholding Structure of The Tamilnadu Tea Plantation Corporation?

In 2023, The Tamilnadu Tea Plantation Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.67 Cr

Satisfied Charges

₹5.39 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 15.00 Cr
  • Canara Bank : 0.67 Cr

Latest Charge Details

DateLenderAmountStatus
02 Feb 2024Uco Bank₹5.00 CrOpen
11 Jan 2002Uco Bank₹10.00 CrOpen
17 Mar 1994Canara Bank₹6.71 MOpen
08 Jul 2014Uco Bank₹4.60 CrSatisfied
20 Jun 1979United Commercial Bank₹7.85 MSatisfied

How Many Employees Work at The Tamilnadu Tea Plantation Corporation?

The Tamilnadu Tea Plantation Corporation has a workforce of 877 employees as of Oct 24, 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 Tamilnadu Tea Plantation Corporation, 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 Tamilnadu Tea Plantation Corporation'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 Tamilnadu Tea Plantation Corporation

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    The Tamilnadu Tea Plantation Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Uco Bank amounted to Rs. 5.00 Cr with Charge ID 100856411 was registered on 02 Feb 2024.

    02 Feb 2024

  • Director Appointment

    Subrat Mohapatra was appointed as a Director was appointed as a Director on 10 Feb 2023 & has been associated with this company since 2 years 11 days .

    10 Feb 2023

  • Director Appointment

    Muthusami Muthukumar was appointed as a Director was appointed as a Director on 01 Sep 2022 & has been associated with this company since 2 years 5 months .

    01 Sep 2022

  • Director Appointment

    Sibi Adhithya Senthil Kumar was appointed as a Director was appointed as a Director on 02 May 2022 & has been associated with this company since 2 years 9 months .

    02 May 2022

Frequently asked questions

  • The Tamilnadu Tea Plantation Corporation Limited was incorporated on 22 Aug 1975.

  • The authorized share capital of The Tamilnadu Tea Plantation Corporation Limited is ₹ 25.00 Cr and paid-up capital is ₹ 14.96 Cr.

  • Currently 8 directors are associated with The Tamilnadu Tea Plantation Corporation Limited.

    • Supriya Sahu
    • Srinivas Ramachandra Reddy
    • Subrat Mohapatra
    • Sibi Adhithya Senthil Kumar
    • Rajavel Brindha Devi
    • Jacintha Lazarus
    • Muthusami Muthukumar
    • Sivananthan Balusamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Tamilnadu Tea Plantation Corporation Limited is Tantea Complex Orange Grove Road, India, Coonoor, Tamil Nadu, 643101.

  • The corporate identification number (CIN) of The Tamilnadu Tea Plantation Corporation Limited is U01132TZ1975SGC000736 and the company number is 000736 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Tamilnadu Tea Plantation Corporation Limited is https://www.tantea.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for The Tamilnadu Tea Plantation Corporation Limited has fallen by -21.11%.

  • As Per 2022 financial reports, 877 employees are currently employed by The Tamilnadu Tea Plantation Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of The Tamilnadu Tea Plantation Corporation Limited has experienced an downturn of -19.09%.

  • As per the financial statements for fiscal Year 2022, The total open charges for The Tamilnadu Tea Plantation Corporation Limited amount to ₹ 15.67 Cr.

  • The most recent Balance Sheet for The Tamilnadu Tea Plantation Corporation Limited was filed with the ROC on 31 Mar 2024.

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