ABOUT MANJUSHREE PLANTATIONS LIMITED
MANJUSHREE PLANTATIONS LIMITED is a multi-crop plantation located in Nilgiris, Tamil Nadu. It was incorporated on 06 December 2004 as a Non-government company and is registered at Registrar of Companies, Kolkata.
Manjushree Plantations Limited produces a wide range of coffee, tea, cardamom, clove, and other spices. The Company endeavors to increase production of all crops at its plantations.
The company has introduced new initiatives in terms of improving field management, using modern techniques and agricultural practices. This is being complemented with more effective cost controls and maintaining amicable industrial relations. The Company has plans in place to increase the awareness of the range of the products and their distribution. In view of this, the Company will participate in various trade fairs, enhance visibility through POPs and engage in trade-related activities. Manjushree Plantations Limited is continuously working towards improving the quality and packaging of its retail products like tea, coffee, and spices.
5th September 1938
Category/Sub-category of the Company
Company Limited by Shares
Address of the Registered office and contact details
7E, Neelamber Building
28B, Shakespeare Sarani, Kolkata- 700 017
Ph No.: 033-2287-3306, Fax: 033-2290-3050
Name, Address and Contact Details of
Registrar and Transfer Agent, if any
M/s. Niche Technologies Private Limited
3A, Auckland Place,7th Floor, Room No. 7A & 7B
Kolkata – 700017
Tel- (033) 033 4005 2033
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
Name and Description of main products/services
NIC Code of the product/service
% to total turnover of the Company
Retail sale of tea and spices
BOARD OF DIRECTORS
Smt. Manjushree Khaitan (Chairperson)
Shri Kalyan Sen
Shri Amit Kumar Choudhury
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
MANJUSHREE PLANTATIONS LIMITED does not have any subsidiary or associate company.
MANJUSHREE PLANTATIONS LIMITED UNLISTED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Last Traded Price:
Rs. 9.13 Crore
(As on 31-03-2020)
Number of shares
% of total Shares of the company
Smt. Manjushree Khaitan(Promoter)
Manav Investment and Trading Company Limited (Promoter)
Birla Educational Institution (Promoter)
Birla Education Trust(Promoter)
Birla Institute of Technology and Science (Promoter)
Late Basant Kumar Birla (Promoter)
India is the second-largest producer of Tea in the world. Not only that, but India is also a leading consumer of Tea. Indian Tea is considered to be the finest tea in the world. North East and North Bengal are known to be the main tea-growing regions of India. However, Tea is also grown in Nilgiris in South India at a very large level. Assam is the largest tea-producing state of India followed by West Bengal. South India accounts for 1/5th of the industry. India produces various varieties of Tea including CTC Tea, Orthodox Tea, Green Tea, etc.
Total Tea exports in FY 2020 stood at US$ 826.47 million as against US$ 830.90 million in FY 2019. India attained the highest exports of Tea in the year 2017. However, India does not export much in the case of Tea, as around 80% of the produce is consumed in the country only. India is the world leader in the production and consumption of tea for the last 150 years. India is the 4th largest exporter of tea after Kenya, China, and Sri Lanka. But in 2019, India became the 2nd Largest tea producer in the world and produced around 1,339.70 million kg. India accounts for around 31% of the world’s production of Tea. In January 2021, India produced 16.05 million kg of tea.
The tea market is growing significantly in India. It is projected to grow at a CAGR of 4.2% from 2021 to 2026. Indian Government has established the ‘Tea Board of India’ in 1954. It performs developmental and regulatory functions of the tea industry in India. It also undertakes direct promotional activities for tea producers of India.
PROFIT & LOSS STATEMENT OF MANJUSHREE PLANTATIONS LIMITED (In Rs. Lakhs)
Revenue from Operations
Profit Before Tax
Profit After Tax (PAT)
BALANCE SHEET OF MANJUSHREE PLANTATIONS LIMITED (In Rs. Lakhs)
NON CURRENT ASSETS
Loans and advances
Other non-current assets
TOTAL NON CURRENT ASSETS
Loans and advances
Cash and Cash equivalents
other current assets
TOTAL CURRENT ASSETS
EQUITY AND LIABILITIES
Equity share capital
Reserves and surplus
NON CURRENT LIABILITIES
Other non-current liabilities
TOTAL NON CURRENT LIABILITIES
Other current liabilities
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (final + interim) (In Rs.)
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company increased by 16.96% from Rs. 2,317.13 lakhs in FY 2019 to Rs. 2,710.26 lakhs in FY 2020.
EBITDA of the company increased exceptionally by 85.7% from Rs. 693.8 lakhs in FY 2019 to Rs. 1,288.75 lakhs in FY 2020. EBITDA margins increased from 30% in FY 2019 to 48% in FY 2020.
The company after a series of losses reported a net profit of Rs. 60.07 lakhs in FY 2020.
The Current Ratio of the company as of 31st March 2020 was 0.33.
The company does not have any long-term or short-term borrowings.
The company has not given any dividends for the past three years.
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