BHATKAWA TEA INDUSTRIES LIMITED SHARE
BHATKAWA TEA INDUSTRIES LIMITED is engaged in the business of cultivating, manufacturing and selling Tea. Bhatkawa Tea estate is located near the Torsa River, in the Dooars of West Bengal. Tea in this region is known for its strength, character, and brightness. The Bhatkawa Tea estates have processing factories capable of producing CTC tea with an installed combined capacity of 1,700 tonnes. The company focuses predominantly on the domestic market.
Bhatkawa tea Industries Limited has an employee base of 1648 people. The company is continuously striving to improve its crop quality. The internal surplus funds generated by the Company are being fully utilized to upgrade and modernize the tea factories, and irrigation facilities. The favorable impact on quality and cost of production from the recently upgraded factories has started giving encouraging returns on investment and can be seen in the financial statements of the company.
The Equity shares of Bhatkawa Tea Industries Limited are listed on Calcutta Stock Exchange Limited.
INCORPORATION DETAILS
|
CIN |
L01132WB1911PLC002077 |
|
Registration Date |
17 November 1911 |
|
Category/Sub-category of the Company |
Public Limited by Shares |
|
Address of the Registered office and contact details |
NICCO HOUSE, 6TH. FLOOR, 2, HARE STREET, KOLKATA 700001 PHONE NO 22489916/5422 |
|
Name, Address and Contact Details of Registrar and Transfer Agent, if any |
S.K.INFOSOLUTIONS PVT. LTD. 34/1A, SUDHIR CHATTERJEE STREET, KOLKATA 700006 PHONE NO 033 22194815/6797 |
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 |
|
Plantation & Manufacturing of Tea |
0100 |
10 |
BOARD OF DIRECTORS
Padmanabh Jalan
Rashmi Chitlangia
Sunil Kumar Ganguly
Alok Gupta
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
BHATKAWA TEA INDUSTRIES LIMITED does not have any subsidiary or associate company.
SHAREHOLDING PATTERN (As of 31-03-2020)
|
S. No. |
Shareholder Name |
Number of shares |
% of total Shares of the company |
|
1 |
Sudarshan Jalan (Promoter) |
4,32,752 |
19.32% |
|
2 |
Minakshi Jalan (Promoter) |
5,60,194 |
25.01% |
|
3 |
Padmanabh Jalan (Promoter) |
2,44,090 |
10.90% |
|
4 |
Other Promoters |
1,25,750 |
5.61% |
|
5 |
Public Shareholding |
8,77,214 |
39.16% |
|
|
Total |
22,40,000 |
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 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 in India.
