Grassroots Tea Corporation Private Limited

Grassroots Tea Corporation Private Limited - agriculture in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U51909DL2017PTC310482 Incorporated 12 January 2017 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company agriculture DPIIT Startup
Revenue · FY 2024
₹1.03 Cr
▲ 381% YoY
Net profit · FY 2024
₹15.01 Lakh
Net margin 14.6%
EBITDA · FY 2024
₹23.05 Lakh
EBITDA margin 22.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Grassroots Tea Corporation Private Limited

Data last updated:

Grassroots Tea Corporation Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 12 January 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2017PTC310482. Its GSTIN is 07AAGCG6552L1Z8 (Delhi). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajit Kumar Giri and John John.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 173 – A Khirki Village Malviya Nagar, New Delhi, Delhi, India – 110017.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.01 Lakh (net margin 14.6%) and EBITDA of ₹23.05 Lakh (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years and 71% over five years.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grassrootstea.in.

Company details

CIN U51909DL2017PTC310482
Registration Number 310482
Incorporation Date 12 January 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Ajit Kumar Giri Director John John Director

Recognitions & Rankings of Grassroots Tea Corporation

DPIIT recognised startup Government of India
Startup India

Contact details

Grassroots Tea Corporation Private Limited's registered office is in New Delhi, Delhi. Its website is grassrootstea.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    grassrootstea.in
  • Registered Address
    173 – A Khirki Village Malviya Nagar, New Delhi, Delhi, India – 110017
  • Industry
    Agriculture, Tea & Coffee Processing

To see the full contact details of Grassroots Tea Corporation Private Limited, buy the company report.

Comprehensive company report
Grassroots Tea Corporation Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Grassroots Tea Corporation is manufacturing. In detail, this covers food, beverages and tobacco products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC1Food, beverages and tobacco products

To see the full business activity and turnover split of Grassroots Tea Corporation Private Limited, buy the company report.

Financials of Grassroots Tea Corporation Private Limited

FY 2025 filings available

Grassroots Tea Corporation Private Limited reported revenue of ₹1.03 Cr (up 381% YoY) for FY 2024.

Revenue · FY 2024
₹1.03 Cr ▲ 381%
Net profit · FY 2024
₹15.01 Lakh margin 14.6%
EBITDA · FY 2024
₹23.05 Lakh margin 22.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 381%
3 years · compounded
▲ 109%
5 years · compounded
▲ 71%
EBITDA CAGR growth
3 years · compounded
▲ 76%
5 years · compounded
▲ 129%

Revenue has grown at a compounded annual rate (CAGR) of 71% over five years, including 381% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹23.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.01 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin22.4%
Net Profit Margin14.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Grassroots Tea Corporation Private Limited, buy the company report.

Board of directors of Grassroots Tea Corporation Private Limited

Grassroots Tea Corporation has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajit Kumar Giri
Also directs: Rangagora Tea Producer Company Limited
Director24 Jan 20179 Years 9 MonthsCurrent
John JohnDirector12 Jan 20179 Years 10 MonthsCurrent
View all directors

Peer comparison

Grassroots Tea Corporation Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Tea and Coffee), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tea Heaven Private Limited₹1.07 Cr (FY 2025)-16.0%Dhuri, Punjab, India
Sarvodaya International Private Limited₹1.06 Cr (FY 2024)-18.0%Darjeeling, West Bengal, India
Heritage Tea Company Private Limited₹1.04 Cr (FY 2022)-36.0%Lahoal, Assam, India
Grassroots Tea Corporation Private Limitedthis company₹1.03 Cr (FY 2024)₹15.01 Lakh14.6%381.0%New Delhi, Delhi, India
Planetgreen Tea Private Limited₹1.02 Cr (FY 2024)-80.0%Jalpaiguri, West Bengal, India
Borluit Tea Private Limited₹1.01 Cr (FY 2024)-3.0%Guwahati, Assam, India

To see the full peer comparison of Grassroots Tea Corporation Private Limited, buy the company report.

Auditor

Grassroots Tea Corporation Private Limited is audited by R K TULI & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
R K TULI & ASSOCIATESFY 2020001847N

Shareholding

The shareholding of Grassroots Tea Corporation Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Grassroots Tea Corporation Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Grassroots Tea Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Grassroots Tea Corporation has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07AAGCG6552L1Z8DelhiActive24 Aug 2017
18AAGCG6552L1Z5AssamActive01 Jul 2020

To see the full GST registrations and return filing status of Grassroots Tea Corporation Private Limited, buy the company report.

Recent activity

Grassroots Tea Corporation Private Limited has 10 board changes on record since 2017: 2 appointments and 8 cessations. The latest: Dominic Marian Dsouza ceased to be Director on 02 Jan 2025.

AGM
Grassroots Tea Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Grassroots Tea Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Dominic Marian Dsouza ceased to be Director.
Ceased
Kukhol Boro ceased to be Director.
Ceased
Pijush Goyary ceased to be Director.
Ceased
Ajit Kumar Giri ceased to be Additional Director.
Ceased
Bijoy Boro ceased to be Additional Director.
Ceased
Bilat Goyari ceased to be Additional Director.
Ceased
Dwipen Baro ceased to be Additional Director.
Ceased
Minto Goswami ceased to be Additional Director.
Appointed
Ajit Kumar Giri was appointed as Director.
Appointed
John John was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Grassroots Tea Corporation is an active private limited company based in New Delhi, Delhi, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 12 January 2017 (9+ years old) and is registered under CIN U51909DL2017PTC310482.

Grassroots Tea Corporation has 2 current directors:

The latest financial statements of Grassroots Tea Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Grassroots Tea Corporation is 07AAGCG6552L1Z8, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 18AAGCG6552L1Z5 (Assam).

The CIN (Corporate Identification Number) of Grassroots Tea Corporation is U51909DL2017PTC310482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grassroots Tea Corporation was incorporated on 12 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Grassroots Tea Corporation by revenue are Tea Heaven Private Limited, Sarvodaya International Private Limited, Heritage Tea Company Private Limited, Planetgreen Tea Private Limited, Borluit Tea Private Limited, all in the Agriculture industry (Tea and Coffee), with the same principal business activity (food, beverages and tobacco products).

Dominic Marian Dsouza ceased to be Director on 02 Jan 2025. Kukhol Boro ceased to be Director on 15 Jun 2021. Pijush Goyary ceased to be Director on 02 Jun 2021. Grassroots Tea Corporation has 10 board changes on record in total.

Yes, Grassroots Tea Corporation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Grassroots Tea Corporation can be reached through the website grassrootstea.in. Its registered office is in New Delhi, Delhi, India.

The registered office of Grassroots Tea Corporation is at 173 – A Khirki Village Malviya Nagar, New Delhi, Delhi, India – 110017.