About Assam Company India Limited
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Assam Company India Limited is a public limited company based in Dibrugarh, Assam, India, a subsidiary of Br Property Developers Private Limited. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 15 March 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U01132AS1977PLC001685. Its GSTIN is 18AAACT7590B1ZB (Assam). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹12.78 Cr. It was formerly known as Assam Company Limited. It is led by directors including Dattatraya Ganapati Hegde (Whole-Time Director) and Chandrakumari Raghuram Shetty.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Greenwood Tea Estate, Dibrugarh, Assam, India – 786001.
As per the financials filed for FY 2024, the company reported a revenue of ₹373.24 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹60.79 Cr (net margin -16.3%) and EBITDA of -₹49.37 Cr (EBITDA margin -13.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 14% over five years.
The company has about 132 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
The company is associated with 1 brand: Assam Company. As per MCA filings, the company has open charges of ₹19.65 Lakh and satisfied charges of ₹2,587.15 Cr on record. Court records list 218 cases involving the company, including 131 filed by the company and 87 filed against it; 21 cases are pending. The company has 30 deals on record (30 market trades); the latest was in November 2017. The company has 4 MSME Form 1 returns on record between 2020 and 2021, listing 206 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website assamco.com.
Company details
CIN history
Assam Company India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U01132AS1977PLC001685, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01132AS1977PLC001685 | Current |
| U01132AS1977PTC001685 | Previous |
| L01132AS1977PLC001685 | Previous |
Contact details
Assam Company India Limited's registered office is in Dibrugarh, Assam. Its website is assamco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGreenwood Tea Estate, Dibrugarh, Assam, India – 786001
- IndustryEnergy and Power, Oil & Gas Exploration & Production
To see the full contact details of Assam Company India Limited, buy the company report.
- 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
Brands
Assam Company India operates one associated brand: Assam Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Orthodox and CTC Indian teas are cultivated and processed. | assamco.com |
Business activity
The main business activities of Assam Company India are manufacturing and mining and quarrying. In detail, this covers food, beverages and tobacco products and extraction of crude petroleum & natural gas. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| B | Mining and quarrying | B2 | Extraction of Crude Petroleum & Natural gas |
To see the full business activity and turnover split of Assam Company India Limited, buy the company report.
Financials of Assam Company India Limited
FY 2024 filings availableAssam Company India Limited reported revenue of ₹373.24 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 694% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹49.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60.79 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.2% | ||||
| Net Profit Margin | -16.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Assam Company India Limited, buy the company report.
Board of directors and KMP of Assam Company India Limited
Assam Company India Limited currently reports 4 directors and 1 key managerial person. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakumari Raghuram Shetty Also directs: B.R.Motors Private Limited, BRS Lifesciences Private Limited, Neotel Hotels & Resorts Private Limited and 5 more | Director | 09 Oct 2018 | 8 Years 1 Months | Current |
| Shishir Shetty Also directs: B.R.Motors Private Limited, BRS Lifesciences Private Limited, Neotel Hotels & Resorts Private Limited and 4 more | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Sundar Subramaniam | Cfo | 29 Dec 2025 | 0 Years 10 Months | Current |
| Seema Raghuram Shetty | Director | 17 Jun 2025 | 1 Years 4 Months | Current |
| Dattatraya Ganapati Hegde | Whole-Time Director | 06 May 2024 | 2 Years 6 Months | Current |
Auditor
Assam Company India Limited is audited by B M Chatrath & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B M Chatrath & Co LLP | FY 2023 | 301011E/E300025 |
Shareholding
The shareholding of Assam Company India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Assam Company India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2021 | 100479164 | Others | ₹6.55 Lakh | Open | |
| 23 Aug 2021 | 100479608 | Others | ₹6.55 Lakh | Open | |
| 21 Aug 2021 | 100479158 | Others | ₹6.55 Lakh | Open | |
| 31 Mar 2015 | 10569694 | Allahabad Bank | ₹73.38 Cr | Satisfied | |
| 31 Mar 2015 | 10569695 | Allahabad Bank | ₹95.9 Cr | Satisfied |
To see the full charge records of Assam Company India Limited, buy the company report.
Total charge records: 73 View all charges
Deals & funding
Assam Company India Limited has 30 deals on record (30 market trades); the latest was in November 2017.
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Market trade | ₹1.14 Cr | Buyer: Adroit Financial Services Private Limited Seller: Adroit Financial Services Private Limited |
| Jul 2016 | Market trade | ₹1.3 Cr | Buyer: Hi-Growth Corporate Services Private Limited Seller: Hi-Growth Corporate Services Private Limited |
| Jun 2014 | Market trade | ₹2.57 Cr | Buyer: Sunil Capital Capital & Securities Pvt Ltd, Gajanan Enterprises Seller: Sunil Capital Capital & Securities Pvt Ltd, Uno Metals Ltd , Gajanan Enterprises |
| Dec 2012 | Market trade | ₹1.19 Cr | Seller: Srei Infrastructure Finance Limited |
| Apr 2012 | Market trade | ₹8.63 Cr | Buyer: Antique Holding Private Limited Seller: Cresta Fund Ltd |
To see the full deal history of Assam Company India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Assam Company India Limited has 218 court cases on record: 131 filed by Assam Company India, 87 filed against it. 21 cases are pending and 197 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 125 | 27 | 3 |
| District courts | 39 | 31 | 7 |
| NCLAT | 21 | 14 | 4 |
| Supreme Court | 17 | 12 | 6 |
| NCLT | 16 | 3 | 1 |
Cases on record (5 of 218)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by M/S. Srei Infrastructure Finance Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Gujarat Hydrocarbons and Power Sez Limited and 3 others | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Gujarat Hydrocarbons and Power Sez Ltd. & Ors. and 3 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against M/S. Gujarat Hydrocarbons and Power Sez Limited and 3 others | Disposed |
| Gauhati High Court | Interim or miscellaneous application | Filed by the company against Brahmaputra Cracker and Polymer Ltd., and 1 other | Disposed |
To see the full case history of Assam Company India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Assam Company India Limited has 4 MSME Form 1 returns on record between 2020 and 2021, listing 206 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bajaj Parivahan Private Limited | |||
| Ganpati Packaging Pvt Ltd | |||
| Tirupati Timber & Packaging Pvt. Ltd | |||
| B & A Packaging India Ltd |
To see the full MSME payment records of Assam Company India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Assam Company India has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Camellia Cha Bar Limited | U01132AS1995PLC004486 | |
| Dahej Offshore Infrastructure Sez Limited | U01132AS1995PLC004502 | |
| Assam Oil and Gas Limited | U11201AS1992PLC008022 | |
| North East Hydrocarbon Limited | U23209AS1994PLC004298 | |
| Duncan Macneill Power India Limited | U40109WB1994PLC109981 | |
| Lord Inchcape Financial Services Limited | U67190WB1992PLC055989 |
To see the full group structure of Assam Company India Limited, buy the company report.
Employees & EPFO
Assam Company India Limited has a workforce of 132 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Assam Company India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAACT7590B1ZB | Assam | Active | 01 Jul 2017 |
| 19AAACT7590B1Z9 | West Bengal | Active | 01 Jul 2017 |
| 19AAACT7590B2Z8 | West Bengal | Active | 20 May 2025 |
To see the full GST registrations and return filing status of Assam Company India Limited, buy the company report.
Recent activity
Assam Company India Limited has 53 board changes on record since 1992: 29 appointments and 24 cessations. The latest: Sundar Subramaniam was appointed as CFO on 29 Dec 2025.
214 earlier events are in the company report.
News
Frequently asked questions
Assam Company India is an active public limited company based in Dibrugarh, Assam, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 15 March 1977 (49+ years old) and is registered under CIN U01132AS1977PLC001685.
Assam Company India has 5 current directors and KMP:
- Dattatraya Ganapati Hegde - Whole-Time Director
- Chandrakumari Raghuram Shetty - Director
- Shishir Shetty - Director
- Seema Raghuram Shetty - Director
- Sundar Subramaniam - Cfo
The latest financial statements of Assam Company India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Assam Company India is 18AAACT7590B1ZB, registered in Assam. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 19AAACT7590B1Z9 (West Bengal), 19AAACT7590B2Z8 (West Bengal).
The CIN (Corporate Identification Number) of Assam Company India is U01132AS1977PLC001685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assam Company India has 218 court cases on record: 131 filed by the company and 87 filed against it. 21 are pending. Most are in the high courts.
Assam Company India was incorporated on 15 March 1977, making it 49+ years old. It is registered with the Registrar of Companies, Guwahati.
Assam Company India has 30 deals on record (30 market trades); the latest was in November 2017.
Sundar Subramaniam was appointed as CFO on 29 Dec 2025. Seema Raghuram Shetty was appointed as Director on 17 Jun 2025. Somshankar Das Gupta ceased to be CFO on 30 Apr 2025. Assam Company India has 53 board changes on record in total.
Assam Company India has 4 MSME Form 1 returns on record between 2020 and 2021, listing 206 overdue payments to 10 micro and small suppliers. The latest return was filed on 13 May 2021.
Assam Company India can be reached through the website assamco.com. Its registered office is in Dibrugarh, Assam, India.
Sample company reports
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