Hot Deals:
5 star business 505.00 (1.00 %) a v thomas 12,800.00 (-1.54 %) aether industries 642.00 amol minechem 620.00 (1.64 %) anglo french 720.00 (-5.26 %) apl metals 44.00 (-2.22 %) aricent 595.00 (-0.83 %) arohan 197.00 (-3.90 %) assam carbon 243.00 (-2.80 %) atlas copco 5,050.00 (3.06 %) auckland 135.00 (-3.57 %) axles 135.00 (-3.57 %) b9 bira 830.00 (-1.19 %) balmer lawrie van leer 300.00 bharat hotels 162.00 (1.25 %) bikaji foods 360.00 (5.88 %) boat 1,030.00 (-5.50 %) c & s electric 400.00 capgemini 12,000.00 (-4.00 %) care health 145.00 (-3.33 %) carrier aircon 261.00 (-3.33 %) cial 185.00 (-0.54 %) csfbl 300.00 (-0.99 %) csk 178.00 (1.71 %) dalmia bharat refractories 95.00 (-4.04 %) delhivery 504.00 (-1.75 %) east india pharmaceutical 43.00 (2.38 %) eaton fluid 281.00 (0.36 %) electronica plastic 4,300.00 (2.38 %) elgi ultra 400.00 elofic 1,909.00 (0.47 %) epiroc 1,224.00 (-2.08 %) esl steel 46.00 (-2.13 %) fincare 69.50 (-0.71 %) fino paytech 165.00 (-2.94 %) frick india 4,140.00 (-3.72 %) gkn drive 1,150.00 (-0.95 %) godavari biorefineries 71.00 (1.43 %) hdbfsl 656.00 (-2.09 %) hdfc ergo 363.80 hdfc securities 13,700.00 (-2.14 %) hella india 158.00 (1.94 %) hero fincorp 800.00 (-5.88 %) hicks 2,100.00 (-2.55 %) hira ferro 140.00 (-6.67 %) honeywell electrical 4,240.00 (-0.24 %) icex 5.60 (-6.67 %) incred financial 100.00 india carbon 1,300.00 (1.56 %) india exposition mart 132.00 (-2.22 %) indian potash limited 1,405.00 (0.36 %) indofil industries 710.00 (-3.40 %) infinite computer 700.00 inkel 12.95 (-0.38 %) ixigo 111.00 (-5.13 %) jana sfbl 75.00 kial 120.00 (-2.44 %) klm axiva 10.00 kurlon enterprise 640.00 (-3.03 %) kurlon limited 450.00 (-2.17 %) lava 155.00 (-3.13 %) manipal hfsl 72.50 (0.69 %) manjushree technopack 1,150.00 (-3.36 %) martin and harris 2,070.00 (-5.91 %) merino 2,900.00 (-4.92 %) minosha 320.00 (-1.54 %) mitsubishi heavy industries 355.00 (1.43 %) mkcl 415.00 (1.22 %) mobikwik 555.00 (-7.50 %) mohan meakin 1,250.00 (-3.85 %) mohfl 11.50 (-4.17 %) msei 1.19 (-0.83 %) msil 54.00 (-1.82 %) ncdex 275.00 ncl buildtek 245.00 (-2.00 %) ncl holdings 48.00 (-4.00 %) nse 3,411.00 (-0.26 %) orbis financial 72.00 (2.86 %) oswal minerals 42.50 (1.19 %) otis 4,000.00 (-2.44 %) oyo rooms 100.00 (-9.91 %) panasonic appliances 306.00 (0.33 %) panasonic avc 29.10 (0.34 %) paymate india 630.00 (-10.00 %) pharm easy 54.00 (-1.82 %) philips domestic 565.00 (-4.24 %) philips india 1,150.00 (-2.21 %) pnb metlife 70.00 proyuga adtech 25.00 ramaraju surgical 540.00 (-4.42 %) reliance general insurance 340.00 resins plastics 406.00 (0.25 %) ring plus 350.00 (-3.05 %) rrl 3,000.00 (-1.64 %) sabmiller 400.00 (-1.23 %) satya micro 200.00 scottish assam 654.00 (0.62 %) shriram life 251.00 (0.40 %) signify 1,126.00 (0.09 %) smile microfin 80.00 (-2.44 %) sri vishnu shankar 640.00 (-1.54 %) sterlite power 900.00 (-1.10 %) studds 1,310.00 (-2.96 %) t stanes 675.00 tata tech 4,910.00 (0.20 %) tmbl 525.00 (1.94 %) trl krosaki 1,390.00 (-0.71 %) utkarsh coreinvest 166.00 (0.61 %) vikram solar 51.00 (2.00 %) xerox 261.00 (0.38 %)
×

teesta valley tea company Limited

63.00
+ 0.00 %
Scrip Name
TEESTA VALLEY TEA
ISIN No.
INE718E01011
PAN No.
AAACT9762D
Face Value
9
No. of Outstanding Shares
150,000
Market Capitalization
94.50 Lakh

TEESTA VALLEY TEA COMPANY LIMITED SHARE


ABOUT TEESTA VALLEY TEA COMPANY LIMITED


TEESTA VALLEY TEA COMPANY LIMITED was established in 1841. The company is a renowned producer and exporter of Indian tea and tea accessories. The company has two tea gardens in Darjeeling, namely, Teesta Valley and Gielle, both are situated in the valet facing the Himalayas, facing KanchenJungha snow-clad peaks. The company manages over 35 lakh tea bushes on both tea gardens. The company manages an employee staff of 2000 people.


With the implementation of the better and latest technology, the company has continuously improved its produces and has successfully achieved higher production. The factories in both the gardens are large and equipped with the latest machinery.


The shareholders of the company had approved the scheme of amalgamation of the company with Bormah Jan Tea Company (1936) Limited in March 2018. The same is pending before NCLT for a final order.


The Equity Shares of TEESTA VALLEY TEA COMPANY LIMITED is listed on Calcutta Stock Exchange Limited.


INCORPORATION DETAILS


CIN

L15491WB1876PLC000347

Registration Date

20 November 1876

Category/Sub-category of the Company

A company having Share Capital

Address of the Registered office and contact details

5 & 7, Netaji Subhas Road, Kolkata – 700 001

Tel. – 033 22483585

Email: accounts@teestavalley.com

Name, Address and Contact Details of

Registrar and Transfer Agent, if any

Maheshwari Datamatics Private Limited,

23, R.N. Mukherjee Road, Kolkata – 700 001

Tel. 033 22435029, 22482248

 

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

Name and Description of main products/services

NIC Code of the product/service

% to the total turnover of the Company

Growing and Manufacturing of Tea

01271, 10791

100%

 

BOARD OF DIRECTORS

Bharat Bajoria (Managing Director)

AbhaBajoria

Radhey Kant Dixit

Mudit Bajoria

Dhruv Bajoria

Ram KishanNowal


PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES

TEESTA VALLEY TEA COMPANY LIMITED does not have any subsidiary or associate company.


TEESTA VALLEY TEA COMPANY LIMITED SHARE DETAILS


Total Available Shares:

150,000

Face Value:

Rs. 10 Per Equity Share

ISIN:

INE718E01011

PAN No. 

AAACT9762D

Lot Size:

50 Shares

Last Traded Price:

Rs. 63

Market Cap

Rs. 94.50 Lakh


SHAREHOLDING PATTERN

(As of 31-03-2020)

S. No.

Shareholders’ Name

Number of shares

% of total Shares of the company

1

Bharat Bajoria

21,560

14.37%

2

Other Promoters

71,003

47.34%

3

Public Shareholding

57,437

38.29%

 

Total

150,000

100.00%


INDUSTRY OUTLOOK

 

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 AND LOSS STATEMENT OF TEESTA VALLEY TEA COMPANY LIMITED (In Rs. Lakhs)

 

Particulars

3 quarters of FY 2021

2020

2019

2018

Revenue from Operations

1,203.36

1,563.23

1,735.68

701.80

EBITDA

193.51

23.75

141.44

156.23

EBITDA margins

16.08%

1.52%

8.15%

22.26%

Finance Cost

50.94

75.99

78.22

74.51

Depreciation

38.87

51.82

58.64

70.29

Other Income

18.2

21.68

4.61

3.55

Profit Before Tax

121.90

-82.38

9.19

14.98

Total Tax

0

-1.52

-0.12

1.60

Profit After Tax (PAT)

121.90

-80.86

9.31

13.38

EPS

81.27

-54.92

6.13

9.99

 

DIVIDEND HISTORY

Particulars

2020

2019

2018

Dividend (final + interim) (In Rs.)

Nil

Nil

Nil

Retained Earnings (Consolidated) (In Rs. Lakhs)

1,367.07

1,447.94

1,443.63

 

PERFORMANCE OF THE COMPANY

In FY 2020, the company produced 3,85,070 kgs of Tea, as against 3,69,984 kgs of Tea in FY 2019.


Revenue from Operations of the company decreased by 10% from Rs. 1735.68 lakhs in FY 2019 to Rs. 1,563.23 lakhs in FY 2020. In the first three quarters of FY 2021, the company earned operational revenue of Rs. 1,203.36 lakhs.


EBITDA of the company decreased from Rs. 141.44 lakhs in FY 2019 to Rs. 23.75 lakhs in FY 2020. In the first three quarters of FY 2021, EBITDA of the company stood at Rs. 193.51 lakhs.


The company incurred a loss of Rs. 80.86 lakhs in FY 2020. In the first three quarters of FY 2021, the net profit of the company stood at Rs. 121.90 lakhs.


Teesta Valley Tea Company Limited has not given any dividends for the past three years.


Powered by Froala Editor

Annual Reports

2020-21

Download

2019-20

Download

2018-19

Download

2017-18

Download

2016-17

Download

2015-16

Download

Corporate Actions

2020-21

Download
Wealth Wisdom - WWIPL
Support Megha Support Neha Support Pallavi