Duncans Tea Ltd - agriculture in Kolkata, West Bengal, India. FY 2026 financials and compliance.
CIN U51909WB1984PLC031938 Incorporated 24 September 1984 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company agriculture
Data last updated
Revenue · FY 2025
₹132.07 Cr
▼ 5.00% YoY
EBITDA · FY 2025
*****
▼ 84.00% YoY
Net profit · FY 2025
*****
▼ 139.00% YoY
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.65 Cr
Issued & subscribed
Open charges
₹30.85 Cr
Satisfied ₹21.5 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
262
Latest available

About Duncans Tea Ltd

Data last updated: 21 December 2025

Duncans Tea Ltd is a public limited company based in Kolkata, West Bengal, India. It specialises in tea and coffee processing, a part of the broader agriculture sector. Incorporated on 24 September 1984, the company has been in operation for over 42 years.

Registered with ROC Kolkata under CIN U51909WB1984PTC031938.

Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.65 Cr. Formerly known as Double Diamond Sales and Distributors Private Limited and Double Diamond Sales and Distributors Limited. It is led by directors including Maneyapanda Chinnappa Appaiah and Shrish Tapuriah.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Duncan House31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001.

As per the financials filed for FY 2025, the company reported a revenue of ₹132.07 Cr, a decline of 5% compared to the previous year.

The company has a workforce of approximately 262 employees as per the latest available data.

The company is associated with 1 brand - Duncans Goenka Group. As per MCA filings, the company has open charges of ₹30.85 Cr and satisfied charges of ₹21.5 Cr on record.

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

Company Details of Duncans Tea Ltd
CIN U51909WB1984PLC031938
Registration Number 031938
Incorporation Date 24 September 1984
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Duncan House31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001
  • Industry
    Agriculture, Tea & Coffee Processing
Company report
Duncans Tea Ltd - full intelligence report
  • Historical Financials and ratios
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  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Duncans Tea Ltd in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Duncans Tea Ltd

Duncans Tea Ltd has undergone 3 name changes throughout its history. The company was previously known as Double Diamond Sales And Distributors Private Limited, Double Diamond Sales And Distributors Limited, and Duncans Tea Sales Ltd. The current legal name is Duncans Tea Ltd, reflecting the company's evolution and rebranding over time.

Company Name Status
Duncans Tea Ltd Current
Double Diamond Sales And Distributors Private Limited Previous
Double Diamond Sales And Distributors Limited Previous
Duncans Tea Sales Ltd Previous

CIN History of Duncans Tea Ltd

Duncans Tea Ltd has one previous CIN (Corporate Identification Number): U51909WB1984PTC031938. The current CIN is U51909WB1984PLC031938, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U51909WB1984PLC031938 Current
U51909WB1984PTC031938 Previous

Associated Brands with Duncans Tea Ltd

Duncans Tea Ltd operates one associated brand: Duncans Goenka Group. These brands represent Duncans Tea Ltd's diversified market presence and brand portfolio.

Brand Description Website
Intellectual property rights are protected via patents, trademarks, and designs. duncans-tea.com

Competitors & Alternatives of Duncans Tea Ltd

Brands and companies operating in the same space as Duncans Tea Ltd include Peet's Coffee & Tea, VAHDAM, Society Tea and 6 more.

Competitor Description Location Founded
Peet's Coffee & Tea Peet's Coffee & Tea Speciality coffee and tea brand San Francisco, United States, United States 1966
VAHDAM VAHDAM Tea powders and accessories are offered by an internet-first brand. Delhi, India, India 2015
Society Tea Society Tea Society Tea is engaged in selling tea and related products online. Mumbai, India, India 1933
Wagh Bakri Tea Group Wagh Bakri Tea Group Diverse packaged teas are provided for various consumer preferences. Ahmedabad, India, India 1892
Teabox Teabox Online platform offering tea Bengaluru, India, India 2012
Dorje Teas Dorje Teas Internet first brand offering tea Darjeeling, India, India 2021
Goodricke Group Goodricke Group Orthodox Darjeeling and Assam teas are produced by Goodricke Group. Kolkata, India, India 1977
Rossell India Rossell India Tea, aviation, defence, and aerospace support services are offered. Kolkata, India, India 1994
Freshleaf Freshleaf Freshleaf is engaged in offering premium teas and blends. Ludhiana, India, India 2022

Business Activity of Duncans Tea Ltd

Duncans Tea Ltd is engaged in the principal business activity of manufacturing, with detailed activities including food, beverages and tobacco products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C1 Food, beverages and tobacco products *********

Board of Directors of Duncans Tea Ltd

Duncans Tea Ltd is currently managed by 3 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Maneyapanda Chinnappa Appaiah Whole-Time Director 01 Aug 2012 13 Years 11 Months Current
Shrish Tapuriah Director 30 Jun 2016 10 Years 0 Months Current
Sumit Jhunjhunwala Director 10 Feb 2025 1 Years 5 Months Current

Financials of Duncans Tea Ltd FY 2024 filings available

Duncans Tea Ltd reported revenue of ₹132.07 Cr (down 5% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹132.07 Cr ▼ -5%
Profit
***** ▼ -139%
EBITDA
***** ▼ -84%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
*****
*****
*****
Revenue Growth %
*****
*****
*****
*****
*****
Other Income
*****
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*****
*****
*****
Total Revenue
*****
*****
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Expenses
Total Expenses
*****
*****
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*****
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Raw Material Cost
*****
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*****
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*****
Change in Inventory FG
*****
*****
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*****
*****
Change in Inventory WIP
*****
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*****
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Purchase of Traded Goods
*****
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Employee Cost
*****
*****
*****
*****
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Managerial Remuneration
*****
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*****
*****
Audit Fees
*****
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Insurance
*****
*****
*****
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Power & Fuel
*****
*****
*****
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*****
Interest
*****
*****
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*****
*****
Depreciation
*****
*****
*****
*****
*****
Other Expenses
*****
*****
*****
*****
*****
Profitability
EBITDA (Operating Profit)
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
*****
*****
Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Exceptional & Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Tax
*****
*****
*****
*****
*****
Tax & Net Profit
Tax Expense
*****
*****
*****
*****
*****
Current Tax
*****
*****
*****
*****
*****
Deferred Tax
*****
*****
*****
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*****
Profit from Discontinued Operations
*****
*****
*****
*****
*****
Tax on Discontinued Operations
*****
*****
*****
*****
*****
Profit
*****
*****
*****
*****
*****
Net Margin %
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Shareholders' Funds
Total Shareholders' Funds
*****
*****
*****
*****
*****
Equity Capital
*****
*****
*****
*****
*****
Reserves & Surplus
*****
*****
*****
*****
*****
Money Against Warrants
*****
*****
*****
*****
*****
Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
*****
*****
*****
*****
Other Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Provisions
*****
*****
*****
*****
*****
Current Liabilities
Total Current Liabilities
*****
*****
*****
*****
*****
Short-Term Borrowings
*****
*****
*****
*****
*****
Trade Payables
*****
*****
*****
*****
*****
Other Current Liabilities
*****
*****
*****
*****
*****
Short-Term Provisions
*****
*****
*****
*****
*****
Total Equity & Liabilities
*****
*****
*****
*****
*****
Non-Current Assets
Non-Current Assets
*****
*****
*****
*****
*****
Tangible Assets
*****
*****
*****
*****
*****
Intangible Assets
*****
*****
*****
*****
*****
Capital WIP
*****
*****
*****
*****
*****
Intangibles Under Dev
*****
*****
*****
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Investments
*****
*****
*****
*****
*****
Deferred Tax Assets
*****
*****
*****
*****
*****
LT Loans & Advances
*****
*****
*****
*****
*****
Other Non-Current Assets
*****
*****
*****
*****
*****
Current Assets
Current Assets
*****
*****
*****
*****
*****
Current Investments
*****
*****
*****
*****
*****
Inventories
*****
*****
*****
*****
*****
Trade Receivables
*****
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*****
*****
Cash & Bank Balance
*****
*****
*****
*****
*****
ST Loans & Advances
*****
*****
*****
*****
*****
Other Current Assets
*****
*****
*****
*****
*****
Total Assets
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
*****
*****
*****
*****
+ Depreciation
*****
*****
*****
*****
*****
+/- Unrealized Forex
*****
*****
*****
*****
*****
- Dividend Income
*****
*****
*****
*****
*****
- Interest Income
*****
*****
*****
*****
*****
+/- Other Non-Cash Items
*****
*****
*****
*****
*****
Changes in Working Capital
*****
*****
*****
*****
*****
+/- Inventory
*****
*****
*****
*****
*****
+/- Debtors
*****
*****
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*****
*****
+/- Creditors
*****
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Reconciliation Adjustments
*****
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*****
Cash Generated from Operations
*****
*****
*****
*****
*****
Income Taxes Paid
*****
*****
*****
*****
*****
Net CFO (Cash from Operations)
*****
*****
*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
*****
*****
*****
*****
Disposal of Subsidiaries
*****
*****
*****
*****
*****
Acquisition of Subsidiaries
*****
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*****
*****
*****
Capex
*****
*****
*****
*****
*****
Purchase of Fixed Assets
*****
*****
*****
*****
*****
Sale of Fixed Assets
*****
*****
*****
*****
*****
Other Investing Cash Flows
*****
*****
*****
*****
*****
Net CFI (Cash from Investing)
*****
*****
*****
*****
*****
Cash from Financing Activities (CFF)
Equity Issuance
*****
*****
*****
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*****
Debt Raised
*****
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Debt Repaid
*****
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Dividends Paid
*****
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*****
Interest Paid
*****
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*****
Net CFF (Cash from Financing)
*****
*****
*****
*****
*****
Net Cash Position
Net Change in Cash (Pre-Forex)
*****
*****
*****
*****
*****
Closing Cash & Equivalents
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Liquidity
Current Ratio
*****
*****
*****
*****
*****
Quick Ratio
*****
*****
*****
*****
*****
Cash Ratio
*****
*****
*****
*****
*****
Efficiency
Inventory Days
*****
*****
*****
*****
*****
Debtor Days
*****
*****
*****
*****
*****
Creditor Days
*****
*****
*****
*****
*****
Cash Conversion Cycle
*****
*****
*****
*****
*****
Asset Turnover
*****
*****
*****
*****
*****
Profitability
Net Profit Margin %
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
ROE %
*****
*****
*****
*****
*****
ROCE %
*****
*****
*****
*****
*****
Net Worth Margin %
*****
*****
*****
*****
*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Duncans Tea Ltd

Open charges
₹30.85 Cr
Satisfied charges
₹21.5 Cr
Breakdown by lending institutions
Uco Bank₹18.00 Cr
Hdfc Bank Limited₹10.00 Cr
Axis Bank Limited₹2.85 Cr
Latest charge details
DateLenderAmountStatus
18 Oct 2024 Axis Bank Limited ₹2.85 Cr Open
16 Oct 2020 Hdfc Bank Limited ₹10 Cr Open
13 Feb 2001 Uco Bank ₹18 Cr Open
07 Jul 2022 Axis Bank Limited ₹1.5 Cr Satisfied
24 Feb 2009 Uco Bank ₹2 Cr Satisfied

Total charge records: 9 View all charges

Employees and EPFO Compliance at Duncans Tea Ltd

View historical data on people associated with Duncans Tea Ltd, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Duncans Tea Ltd

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Duncans Tea Ltd

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Duncans Tea Ltd

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Duncans Tea Ltd

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Duncans Tea Ltd

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Duncans Tea Ltd

MSME Payment Delays by Duncans Tea Ltd

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Duncans Tea Ltd

Subsidiaries & Group Companies of Duncans Tea Ltd

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Duncans Tea Ltd with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Duncans Tea Ltd

MCA Filings & Documents of Duncans Tea Ltd

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Duncans Tea Ltd

Charges
17 Oct 2025
A charge with Uco Bank of Rs. 18.00 Cr registered on 13 Feb 2001 with Charge ID 90250436 was modified on 17 Oct 2025.
Directors
10 Feb 2025
Sumit Jhunjhunwala was appointed as a Director on 10 Feb 2025 & has been associated with this company since 1 year 5 months.
Charges
05 Dec 2024
A charge registered on 07 Jul 2022 via Charge ID 100594216 with Axis Bank Limited was fully satisfied on 05 Dec 2024.
Charges
18 Oct 2024
A charge with Axis Bank Limited amounted to Rs. 2.85 Cr with Charge ID 100994482 was registered on 18 Oct 2024.
Activity
30 Sep 2024
Duncans Tea Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Duncans Tea Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

Frequently Asked Questions about Duncans Tea Ltd

Duncans Tea Ltd is an active public limited company in the agriculture sector based in Kolkata, West Bengal, India. It was incorporated on 24 September 1984 (42+ years old) and is registered under CIN U51909WB1984PLC031938. The company has 262 employees.

Duncans Tea Ltd reported revenue of ₹132.07 Cr for FY 2025 (down 5.00% YoY).

The current directors of Duncans Tea Ltd are:

The primary industry of Duncans Tea Ltd is agriculture. The company specifically operates in tea and coffee processing. The company is currently active in this sector.

Duncans Tea Ltd can be reached at the registered office: Duncan House31 Netaji Subhas Road, Kolkata, West Bengal, India – 700001, or through the website duncanstea.in.

The authorised capital is ₹7 Cr, and the paid-up capital is ₹5.65 Cr.

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