BHATKAWA TEA INDUSTRIES LIMITED is engaged in business of cultivating, manufacturing and selling of Tea. Bhatkawa Tea estate is located near Torsa River, in the Dooars of West Bengal. Tea of this region is known for its strength, character, and brightness. The Bhatkawa Tea estates have processing factories capable of producing CTC tea with installed combined capacity of 1,700 tones. The company focuses predominantly in the domestic market.
Bhatkawa tea Industries Limited has a employee base of 1648 people. The company is continuously striving to improve their crop quality. The internal surplus funds generated by the Company are being fully utilized to upgrade and modernize the tea factories, irrigation facilities. The favourable 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.
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
e-mail : firstname.lastname@example.org
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 e-mail: email@example.com
PRINCIPAL BUSINESS ACTIVITES OF THE COMPANY
Name and Description of main products/services
NIC Code of the product/service
% to total turnover of the Company
Plantation & Manufacturing of Tea
BOARD OF DIRECTORS
Sunil Kumar Ganguly
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
BHATKAWA TEA INDUSTRIES LIMITED does not have any subsidiary or associate company.
BHATKAWA TEA INDUSTRIES LIMITED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Last Traded Price:
(As on 31-03-2020)
Number of shares
% of total Shares of the company
Sudarshan Jalan (Promoter)
Minakshi Jalan (Promoter)
Padmanabh Jalan (Promoter)
India is the second largest producer of Tea in world. Not only that, 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 year 2017. However, India does not export much in case of Tea, as around 80% of the produce is consumed in the country only. India is the world leader in 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 world and produced around 1,339.70 million kg. India accounts for around 31% of 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 ‘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 BHATKAWA TEA INDUSTRIES LIMITED (In Rs. Lakhs)
Revenue from Operations
Profit Before Tax
Profit After Tax (PAT)
BALANCE SHEET OF BHATKAWA TEA INDUSTRIES LIMITED (In Rs. Lakhs)
NON CURRENT ASSETS
Deferred tax assets
Other non-current assets
TOTAL NON CURRENT ASSETS
Cash and cash equivalent
Other current assets
TOTAL CURRENT ASSETS
EQUITY AND LIABILITIES
Equity Share Capital
NON CURRENT LIABILITIES
Long term borrowings
Other non-current liabilities
TOTAL NON CURRENT LIABILITIES
Other financial liabilities
Other current liabilities
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (final + interim) (In Rs.)
Retained Earnings (Consolidated) (In Rs. Lakhs)
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company increased by 28.69% from Rs. 2,581.41 lakhs in FY 2020 to Rs.3,322.05 lakhs in FY 2021.
EBITDA of the company increased by 496.09% from Rs. 138.07 lakhs in FY 2020 to Rs.823.02 lakhs in FY 2021. EBITDA margins also improved from 5.35% in FY 2020 to 24.77% in FY 2021.
In FY 2021, the company earned a net profit of Rs. 718.02 lakhs as against a profit of Rs. 250.69 lakhs in FY 2020.
It can be seen that the company has improved its operational efficiency very significantly as the EBITDA margins have seen exceptional growth in FY 2021.
Current Ratio of the company as of 31st March 2021 was 3.56. This states that the company is managing its working capital very efficiently.
Bhatkawa Tea Industries Limited has not given any dividend from the past three years.
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