Boston Tea(India)Limited - agriculture in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA1993PLC014782 Incorporated 04 October 1993 ROC Bangalore HQ Mangalore, Karnataka, India
Active Public Limited Company agriculture
Data last updated
Revenue · FY 2024
₹2.89 Cr
▼ 15% YoY
Net loss · FY 2024
₹46.23 Lakh
Net margin -16%
EBITDA · FY 2024
-₹35.89 Lakh
EBITDA margin -12.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹49.33 Lakh
Issued & subscribed
Open charges
₹1.98 Cr
Secured borrowings
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings

About Boston Tea(India)Limited

Data last updated:

Boston Tea(India)Limited is a public limited company based in Mangalore, Karnataka, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 04 October 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1993PLC014782. Its GSTIN is 29AAACB8400G1ZX (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.33 Lakh. It is led by directors including Thomas Castelino (Managing Director) and Audrey Castelino.

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 Mangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.89 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹46.23 Lakh (net margin -16%) and EBITDA of -₹35.89 Lakh (EBITDA margin -12.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.

As per MCA filings, the company has open charges of ₹1.98 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.

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

Company details

CIN U85110KA1993PLC014782
Registration Number 014782
Incorporation Date 04 October 1993
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Boston Tea(India) has one previous CIN (Corporate Identification Number): U15491KA1993PLC014782. The current CIN is U85110KA1993PLC014782, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110KA1993PLC014782Current
U15491KA1993PLC014782Previous

Contact details

Boston Tea(India)Limited's registered office is in Mangalore, Karnataka. Its website is bostonteaindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D.N.25 – 2 – 106, Boston House, Mangalore, Karnataka, India – 575002
  • Industry
    Agriculture, Tea & Coffee Processing

To see the full contact details of Boston Tea(India)Limited, buy the company report.

Comprehensive company report
Boston Tea(India)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
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Business activity

The main business activity of Boston Tea(India) 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 Boston Tea(India)Limited, buy the company report.

Financials of Boston Tea(India)Limited

FY 2025 filings available

Boston Tea(India)Limited reported revenue of ₹2.89 Cr (down 15% YoY) for FY 2024.

Revenue · FY 2024
₹2.89 Cr ▼ 15%
Net loss · FY 2024
₹46.23 Lakh margin -16%
EBITDA · FY 2024
-₹35.89 Lakh margin -12.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 5%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 392%
3 years · compounded
▼ 65%
5 years · compounded
▼ 34%

Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 15% fall in the latest year. EBITDA fell 392% 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-₹35.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹46.23 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 Margin-12.4%
Net Profit Margin-16%
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 Boston Tea(India)Limited, buy the company report.

Board of directors of Boston Tea(India)Limited

Boston Tea(India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Audrey CastelinoDirector15 Sep 201412 Years 1 MonthsCurrent
William Robert CastelinoDirector29 Sep 200125 Years 1 MonthsCurrent
Thomas CastelinoManaging Director02 Nov 199333 Years 0 MonthsCurrent

Auditor

Boston Tea(India)Limited is audited by S.S.NAYAK for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S.S.NAYAKFY 202227704

Shareholding

The shareholding of Boston Tea(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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Boston Tea(India)Limited, buy the company report.

Charges & borrowings

Open charges
₹1.98 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹1.10 Cr
Others₹0.88 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Oct 2025101180615State Bank of India₹26 LakhOpen
30 Dec 201410542692State Bank of India₹8.8 LakhOpen
30 Mar 201110280730Others₹88 LakhOpen
24 Mar 201010216134State Bank of India₹4.36 LakhOpen
08 May 200910275949State Bank of India₹5.8 LakhOpen

To see the full charge records of Boston Tea(India)Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Boston Tea(India)Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Boston Tea(India) has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAACB8400G1ZXKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Boston Tea(India)Limited, buy the company report.

Recent activity

Boston Tea(India)Limited has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Audrey Castelino ceased to be Additional Director on 28 Sep 2015.

Charges
A charge with State Bank Of India amounted to Rs. 0.26 Cr with Charge ID 101180615 was registered on 15 Oct 2025.
AGM
Boston Tea(India)Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Boston Tea(India)Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 0.88 Cr registered on 30 Mar 2011 with Charge ID 10280730 was modified on 08 Jun 2020.
Ceased
Audrey Castelino ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.09 Cr with Charge ID 10542692 was registered on 30 Dec 2014.
Ceased
Castelino Mark Rudy ceased to be Director.
Appointed
Audrey Castelino was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.88 Cr with Charge ID 10280730 was registered on 30 Mar 2011.
Charges
A charge with State Bank Of India of Rs. 0.65 Cr registered on 23 Mar 2007 with Charge ID 10049866 was modified on 29 Jun 2010.
Charges
A charge with State Bank Of India amounted to Rs. 0.04 Cr with Charge ID 10216134 was registered on 24 Mar 2010.
Charges
A charge with State Bank Of India amounted to Rs. 0.06 Cr with Charge ID 10275949 was registered on 08 May 2009.

4 earlier events are in the company report.

Frequently asked questions

Boston Tea(India) is an active public limited company based in Mangalore, Karnataka, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 04 October 1993 (33+ years old) and is registered under CIN U85110KA1993PLC014782.

Boston Tea(India) has 3 current directors:

The latest financial statements of Boston Tea(India) 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 2015 are in the company report.

The GSTIN of Boston Tea(India) is 29AAACB8400G1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Boston Tea(India) is U85110KA1993PLC014782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Boston Tea(India) has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.

Boston Tea(India) was incorporated on 04 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.

Audrey Castelino ceased to be Additional Director on 28 Sep 2015. Castelino Mark Rudy ceased to be Director on 23 Dec 2014. Audrey Castelino was appointed as Director on 15 Sep 2014. Boston Tea(India) has 5 board changes on record in total.

Boston Tea(India) can be reached through the website bostonteaindia.com. Its registered office is in Mangalore, Karnataka, India.

The registered office of Boston Tea(India) is at D.N.25 – 2 – 106, Boston House, Mangalore, Karnataka, India – 575002.