About Indong Tea
Indong Tea is a publicly listed company based in Kolkata (India) founded in 1990 by Hariram Garg. Brand of tea and milk. Its Indian entity Indong Tea Company Limited reported revenue of ₹23.35 Cr. Indong Tea offers products and services including CTC Black Tea and Dairy Unit. Its focus areas include Food and Agriculture, Food & Beverage Products, Multi-category and Consumer Goods. Similar companies include Sweet Karam Coffee, Godrej Agrovet and Keventer; 3 of its 3 listed similar companies have raised funding.
Company details
Indong Tea was established in 1990 in Kolkata, India, as a brand focused on the beverage sector. Tea and milk products are manufactured and marketed by the company, with operations centered in the Indian market. Leadership is provided by founder Hariram Garg, serving as Managing Director. Distribution occurs primarily through local channels, supporting everyday consumption needs in the region.
- Headquarters Kolkata, India
- Founders Hariram Garg
- Stage Public
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website indongteaco.com
- Legal Name Indong Tea Co Limited
- Market Cap₹10.66 Cr
INDONG · BSE
- Share Price₹5.76
+4.92% today
- Revenue₹23.00 Cr
FY 2025-26 · -24.2% YoY
- EBITDA₹1.67 Cr
Margin 7.3%
- Net Profit−₹0.82 Cr
FY 2025-26 · -392.9% YoY
Associated legal entities of Indong Tea
Indong Tea operates through Indong Tea Company Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indong Tea Company Limited Listed CIN L01122WB1990PLC050506 | Active | 28 Dec 1990 | Kolkata, West Bengal | ₹23.4 Cr | 1,281 | 9 | View details |
Products & Services of Indong Tea
Indong Tea offers a comprehensive portfolio of products and services, including CTC Black Tea and Dairy Unit.
Premium black tea produced via crush, tear, curl method for strong flavor.
Facilities for producing dairy items from the tea estate operations.
Board of directors of Indong Tea Company Limited (Indong Tea)
Indong Tea Company Limited is the primary company behind Indong Tea. The board of Indong Tea Company Limited currently have 7 directors; the longest-serving is Hariram Garg, appointed in 2014. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hariram Garg DIN 00216053 | Director | 14 Aug 2014 | 12 yrs 2 mo | Indong Tea Company Limited |
| Madanlal Garg DIN 00670278 | Director | 15 Jan 2015 | 11 yrs 9 mo | Indong Tea Company Limited |
| Rajesh Garg DIN 00471803 | Managing Director | 14 Oct 2016 | 10 yrs | Indong Tea Company Limited |
| Akhil Kumar Manglik DIN 01344949 | Director | 04 Feb 2022 | 4 yrs 8 mo | Indong Tea Company Limited |
| Sushil Kumar Nevatia DIN 06391023 | Director | 04 Feb 2022 | 4 yrs 8 mo | Indong Tea Company Limited |
| Rama Garg DIN 00471845 | Director | 27 Jul 2022 | 4 yrs 3 mo | Indong Tea Company Limited |
| Rajnish Kumar Kansal DIN 00285546 | Director | 28 Aug 2024 | 2 yrs 1 mo | Indong Tea Company Limited |
People of Indong Tea
1 people are tracked at Indong Tea (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for Indong Tea
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of Indong Tea
Indong Tea is a publicly listed company on the BSE with ticker symbol INDONG in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Feb 2023
- Listed onBSE: 543769
- Listed entityIndong Tea Co Limited
- Exchange sectorProcess industries
- ISININE0KN201016
- Share price₹6.24 · 2026-10-13
- Volume (last session)16,000
Financials of Indong Tea
Exchange-reported figures of Indong Tea Company Limited, the listed company behind Indong Tea (BSE: INDONG).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 23.00 | 30.33 | 21.32 | 21.04 | 19.49 | 23.07 | 15.49 |
| Revenue growth | -24.2% | +42.3% | +1.3% | +8.0% | -15.5% | +48.9% | - |
| EBITDA | 1.67 | 3.02 | (1.09) | 1.79 | 3.40 | 4.21 | 0.45 |
| EBITDA margin | +7.3% | +10.0% | -5.1% | +8.5% | +17.4% | +18.3% | +2.9% |
| Profit before tax | (0.90) | 0.35 | (1.18) | 1.29 | (0.29) | 1.25 | (1.22) |
| Net profit | (0.82) | 0.28 | (1.81) | 0.95 | (0.19) | 1.28 | (1.22) |
| Net profit margin | -3.6% | +0.9% | -8.5% | +4.5% | -1.0% | +5.6% | -7.9% |
| EPS (₹) | 0.16 | 0.17 | (0.90) | 0.75 | (0.20) | 2.50 | (2.37) |
| Balance sheet | |||||||
| Total assets | 73.70 | 74.87 | 62.30 | 62.46 | 49.22 | 47.75 | 38.93 |
| Net worth | 60.44 | 61.15 | 48.86 | 51.77 | 38.10 | 29.34 | 16.86 |
| Total debt | 10.26 | 9.97 | 10.35 | 8.59 | 9.60 | 18.42 | 20.97 |
| Cash & bank | 0.09 | 1.25 | 0.10 | 4.08 | 0.35 | 0.32 | 0.21 |
| Net working capital | 8.69 | 13.97 | 1.66 | 7.54 | 1.29 | 0.64 | 0.94 |
| Cash flow | |||||||
| Cash from operations | 5.88 | (8.92) | 3.41 | (3.23) | 3.53 | 4.07 | (0.45) |
| Cash from investing | (7.32) | (2.80) | (5.15) | (7.96) | (2.78) | (0.68) | (3.65) |
| Cash from financing | 0.29 | 12.88 | 1.76 | 11.15 | (0.71) | (3.53) | 4.23 |
| Particulars | Mar 2022 | Dec 2021 |
|---|---|---|
| Revenue | 1.52 | 7.04 |
| Other income | 0.26 | 0.07 |
| Total expenses | 2.59 | 5.44 |
| EBITDA | (1.07) | 1.60 |
| EBITDA margin | -70.4% | +22.7% |
| Depreciation | 1.71 | 0.27 |
| Interest | 0.25 | 1.09 |
| Profit before tax | (2.77) | 0.31 |
| Tax | (0.10) | 0.00 |
Financial Statements
| Particulars | Mar 2022 | Dec 2021 |
|---|---|---|
| Revenue | 1.52 | 7.04 |
| Other income | 0.26 | 0.07 |
| Total expenses | 2.59 | 5.44 |
| EBITDA | (1.07) | 1.60 |
| EBITDA margin | -70.4% | +22.7% |
| Depreciation | 1.71 | 0.27 |
| Interest | 0.25 | 1.09 |
| Profit before tax | (2.77) | 0.31 |
| Tax | (0.10) | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 23.00 | 30.33 | 21.32 | 21.04 | 19.49 | 23.07 | 15.49 |
| Revenue growth | -24.2% | +42.3% | +1.3% | +8.0% | -15.5% | +48.9% | - |
| Other income | 0.35 | 0.13 | 2.24 | 3.07 | 0.44 | 0.06 | 1.23 |
| Total expenses | 21.33 | 27.31 | 22.41 | 19.25 | 16.09 | 18.86 | 15.04 |
| Employee cost | 0.00 | 13.56 | 13.49 | 11.96 | 10.45 | 10.91 | 9.92 |
| EBITDA | 1.67 | 3.02 | (1.09) | 1.79 | 3.40 | 4.21 | 0.45 |
| EBITDA margin | +7.3% | +10.0% | -5.1% | +8.5% | +17.4% | +18.3% | +2.9% |
| Depreciation | 2.24 | 1.87 | 1.52 | 2.56 | 2.52 | 0.90 | 0.91 |
| Interest | 0.68 | 0.93 | 0.81 | 1.01 | 1.61 | 2.12 | 1.99 |
| Profit before tax | (0.90) | 0.35 | (1.18) | 1.29 | (0.29) | 1.25 | (1.22) |
| Tax | (0.08) | 0.03 | 0.17 | 0.17 | (0.10) | (0.03) | 0.00 |
| Net profit | (0.82) | 0.28 | (1.81) | 0.95 | (0.19) | 1.28 | (1.22) |
| Net profit margin | -3.6% | +0.9% | -8.5% | +4.5% | -1.0% | +5.6% | -7.9% |
| EPS (₹) | 0.16 | 0.17 | (0.90) | 0.75 | (0.20) | 2.50 | (2.37) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 19.42 | 19.42 | 15.00 | 15.00 | 10.00 | 5.11 | 5.11 |
| Reserves & surplus | 41.02 | 41.73 | 33.86 | 36.77 | 28.10 | 24.23 | 11.75 |
| Shareholders' funds (net worth) | 60.44 | 61.15 | 48.86 | 51.77 | 38.10 | 29.34 | 16.86 |
| Secured loans | 2.41 | 3.59 | 0.00 | 4.28 | 8.70 | 8.49 | 5.61 |
| Unsecured loans | 7.85 | 6.38 | 10.35 | 4.31 | 0.90 | 9.93 | 15.36 |
| Total debt | 10.26 | 9.97 | 10.35 | 8.59 | 9.60 | 18.42 | 20.97 |
| Total liabilities | 73.70 | 74.87 | 62.30 | 62.46 | 49.22 | 47.75 | 38.93 |
| Assets | |||||||
| Gross block | 82.15 | 75.60 | 72.79 | 63.41 | 59.09 | 56.27 | 43.81 |
| Net block | 60.45 | 57.14 | 57.08 | 50.19 | 48.40 | 48.04 | 36.78 |
| Capital work in progress | 0.99 | 0.51 | 0.00 | 0.00 | 0.04 | 0.04 | 0.74 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 2.74 | 4.02 | 1.98 | 2.38 | 1.84 | 1.99 | 1.68 |
| Sundry debtors | 0.11 | 7.92 | 0.11 | 0.58 | 0.57 | 0.13 | 0.03 |
| Cash & bank balances | 0.09 | 1.25 | 0.10 | 4.08 | 0.35 | 0.32 | 0.21 |
| Loans & advances | 9.35 | 3.44 | 2.33 | 2.13 | 0.94 | 0.70 | 1.45 |
| Total current assets | 12.29 | 16.63 | 4.52 | 9.17 | 3.70 | 3.14 | 3.37 |
| Total current liabilities | 3.60 | 2.66 | 2.86 | 1.63 | 2.41 | 2.50 | 2.43 |
| Net working capital | 8.69 | 13.97 | 1.66 | 7.54 | 1.29 | 0.64 | 0.94 |
| Total assets | 73.70 | 74.87 | 62.30 | 62.46 | 49.22 | 47.75 | 38.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.24 | 0.09 | 0.07 | 0.11 | 0.08 | 0.21 | 0.09 |
| Net cash from operating activities | 5.88 | (8.92) | 3.41 | (3.23) | 3.53 | 4.07 | (0.45) |
| Net cash from investing activities | (7.32) | (2.80) | (5.15) | (7.96) | (2.78) | (0.68) | (3.65) |
| Net cash from financing activities | 0.29 | 12.88 | 1.76 | 11.15 | (0.71) | (3.53) | 4.23 |
| Net change in cash | (1.15) | 1.16 | 0.02 | (0.04) | 0.03 | (0.14) | 0.13 |
| Closing cash | 0.09 | 1.25 | 0.10 | 4.08 | 0.35 | 0.32 | 0.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -24.2% | +42.3% | +1.3% | +8.0% | -15.5% | +48.9% | - |
| EBITDA growth | -44.7% | +377.1% | -160.9% | -47.4% | -19.2% | +835.6% | - |
| PBT growth | - | +9998.0% | - | +9998.0% | - | +9998.0% | +9997.0% |
| Net income growth | -392.9% | +115.5% | -290.5% | +600.0% | -114.8% | +204.9% | - |
| Revenue CAGR (3Y) | +3.0% | +15.9% | -2.6% | +10.8% | - | - | - |
| EBITDA CAGR (3Y) | -2.3% | -3.9% | - | +58.5% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | -3.6% | +1.1% | -6.3% | +5.3% | -1.0% | +5.6% | -7.9% |
| Return on capital employed | - | +2.9% | 0.0% | +7.5% | 0.0% | +10.8% | 0.0% |
| Return on net worth | - | +1.0% | 0.0% | +5.6% | 0.0% | +11.7% | 0.0% |
| Debt / equity | - | 0.41 | 0.50 | 0.70 | 7.55 | 2.75 | 1.24 |
| Long-term debt / equity | - | 0.10 | 0.21 | 0.30 | 3.81 | 1.95 | 0.98 |
| Interest cover | -119.30 | 80.87 | -31.03 | -131.17 | 182.95 | 64.05 | -432.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.69 | 0.58 | 0.72 | 0.75 | 0.68 | 0.35 |
| Inventory turnover | - | 10.11 | 9.78 | 9.97 | 10.18 | 12.57 | 9.22 |
| Debtors turnover | - | 7.55 | 61.80 | 36.59 | 55.69 | 288.38 | 516.33 |
| EPS (₹) | 0.16 | 0.17 | (0.90) | 0.75 | (0.20) | 2.50 | (2.37) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 16.03 | 11.98 | 13.27 | 6.23 | (4.95) | 33.01 |
Similar companies to Indong Tea
Indong Tea has 3 listed similar companies in our database, 3 of them funded. They include Sweet Karam Coffee, Godrej Agrovet and Keventer.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sweetkaramcoffee.in | 2015 | Chennai, India | $13.22M | 123 | Dry snacks and coffee are manufactured and distributed. | |
| godrejagrovet.com | 1992 | Mumbai, India | $104.79M | 526 | Diversified crop protection solutions are provided to farmers. | |
| keventer.com | 1986 | Kolkata, India | $29.26M | 1,774 | Multi-category food and beverage products are provided by Keventer. |
Detailed similar companies of Indong Tea
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Web traffic of Indong Tea
The website of Indong Tea (indongteaco.com) receives about 1K visits a month.
- Monthly visits1K
▼ 61% vs previous month
Websites whose visitors overlap most with Indong Tea. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
teagardenteas.com | teagardenteas.com | 100% | #11,357,803 | – | |
| kdhptea.com | 96% | 4.1K | #4,206,835 | View details | |
| indiatea.org | 95% | #2,566,386 | View details | ||
| grobtea.com | 91% | 1.7K | #8,824,227 | View details | |
| teraigroup.com | 89% | 1.2K | #12,010,684 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Indong Tea
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Indong Tea (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Related news about Indong Tea
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Frequently Asked Questions about Indong Tea
Indong Tea was founded in 1990.
Indong Tea is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind Indong Tea, Indong Tea Company Limited, reported revenue of ₹23.35 Cr for FY 2026, down 24% year on year.
Indong Tea was established in 1990 in Kolkata, India, as a brand focused on the beverage sector. Tea and milk products are manufactured and marketed by the company, with operations centered in the Indian market. Leadership is provided by founder Hariram Garg, serving as Managing Director. Distribution occurs primarily through local channels, supporting everyday consumption needs in the region.
Indong Tea's top competitors include Sweet Karam Coffee, Keventer and Godrej Agrovet.
Indong Tea offers CTC Black Tea and Dairy Unit.
Yes, Indong Tea is publicly traded on BSE under the ticker symbol INDONG.
Indong Tea operates through Indong Tea Company Limited.
The legal entities of Indong Tea currently have 9 directors, including Manoj Kumar Ganguly, Madanlal Garg, Rajesh Garg and others.