About Good-Will Tea and Industries Ltd
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Good-Will Tea and Industries Ltd is a public limited company based in Jalpaiguri, West Bengal, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 07 May 1919 and has been in existence for over 107 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01132WB1919PLC003217. Its GSTIN is 19AABCG1511G1Z2 (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.88 Lakh. It is led by directors including Arun Kumar Mundra and Rupali Mundra.
Its last annual general meeting (AGM) was held on 16 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bhagwati Complex Marwari Patty Dinbazar, Jalpaiguri, West Bengal, India – 735101.
As per the financials filed for FY 2026, the company reported a revenue of ₹23.95 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹10.16 Lakh (net margin 0.4%) and EBITDA of ₹2.63 Cr (EBITDA margin 11%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
As per MCA filings, the company has open charges of ₹12.89 Cr and satisfied charges of ₹23.14 Cr on record. Court records list 22 cases involving the company, including 14 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhadiguriteaestate.com.
Company details
Contact details
Good-Will Tea and Industries Ltd's registered office is in Jalpaiguri, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBhagwati Complex Marwari Patty Dinbazar, Jalpaiguri, West Bengal, India – 735101
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Good-Will Tea and Industries Ltd, 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
Business activity
The main business activity of Good-Will Tea and Industries is agriculture, forestry and fishing. In detail, this covers crop and animal production, hunting and related service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry and fishing | 01 | Crop and animal production, hunting and related service activities |
To see the full business activity and turnover split of Good-Will Tea and Industries Ltd, buy the company report.
Financials of Good-Will Tea and Industries Ltd
FY 2026 filings availableGood-Will Tea and Industries Ltd reported revenue of ₹23.95 Cr (down 14% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 14% fall in the latest year. EBITDA fell 11% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.95 Cr | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.16 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Good-Will Tea and Industries Ltd, buy the company report.
Board of directors of Good-Will Tea and Industries Ltd
Good-Will Tea and Industries has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Mundra Also directs: Jupiter Capital and Financial Services Pvt Ltd | Director | 15 Sep 2006 | 20 Years 1 Months | Current |
| Rupali Mundra | Director | 03 Sep 2009 | 17 Years 2 Months | Current |
| Sunita Mundra | Director | 15 Sep 2006 | 20 Years 1 Months | Current |
| Sumit Agarwala Also directs: Baghmari Tea Assam Private Limited, Sipply Beverages Private Limited, Coochbehar Tea Company Limited and 2 more | Director | 21 Jan 2020 | 6 Years 9 Months | Current |
| Shyam Sundar Agarwal | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Shivang Agarwal Also directs: Sipply Beverages Private Limited, Coochbehar Tea Company Limited | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Good-Will Tea and Industries Ltd is audited by B. Singhal & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. Singhal & Co | FY 2026 | 312197E |
Shareholding
The shareholding of Good-Will Tea and Industries Ltd is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Good-Will Tea and Industries Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2026 | 101345700 | Others | ₹1.77 Cr | Open | |
| 14 Aug 2025 | 101158593 | Others | ₹11.12 Cr | Open | |
| 31 Jan 2025 | 101072301 | Others | ₹11.03 Lakh | Satisfied | |
| 02 Apr 2024 | 100896661 | Others | ₹1.1 Cr | Satisfied | |
| 14 Jan 2022 | 100523939 | Others | ₹48.4 Lakh | Satisfied |
To see the full charge records of Good-Will Tea and Industries Ltd, buy the company report.
Total charge records: 11 View all charges
Legal cases
Good-Will Tea and Industries Ltd has 22 court cases on record: 14 filed by Good-Will Tea and Industries, 8 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 2 | 0 |
| District courts | 9 | 6 | 4 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalpaiguri, West Bengal | Criminal complaint | Filed against the company by Asst. Labour Commissioner,Jalpaiguri | Pending |
| District court, Jalpaiguri, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Jalpaiguri, West Bengal | Criminal complaint | Filed against the company by Assistant Labour Commissioner | Pending |
| Calcutta High Court | Writ petition | Filed by the company against The Joint Commissioner, Sales Tax , Jalpaiguri Charge&Ors | Disposed |
| Calcutta High Court | Court case (MAT) | Filed by the company against The Joint Commissioner, Sales Tax, Jalpaiguri Charge, & Ors | Disposed |
To see the full case history of Good-Will Tea and Industries Ltd, 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.
Credit ratings & regulatory alerts
Good-Will Tea and Industries Ltd was last rated by Care on 30 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Jul 2021 |
To see the full credit ratings and regulatory alerts of Good-Will Tea and Industries Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Good-Will Tea and Industries Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Good-Will Tea and Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCG1511G1Z2 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Good-Will Tea and Industries Ltd, buy the company report.
Recent activity
Good-Will Tea and Industries Ltd has 14 board changes on record since 2006: 6 appointments and 8 cessations. The latest: Shivang Agarwal ceased to be Additional Director on 29 Sep 2024.
27 earlier events are in the company report.
Frequently asked questions
Good-Will Tea and Industries is an active public limited company based in Jalpaiguri, West Bengal, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 07 May 1919 (107+ years old) and is registered under CIN U01132WB1919PLC003217.
Good-Will Tea and Industries has 6 current directors:
- Arun Kumar Mundra - Director
- Rupali Mundra - Director
- Sunita Mundra - Director
- Sumit Agarwala - Director
- Shyam Sundar Agarwal - Director
- Shivang Agarwal - Director
The latest financial statements of Good-Will Tea and Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Good-Will Tea and Industries is 19AABCG1511G1Z2, registered in West Bengal.
The CIN (Corporate Identification Number) of Good-Will Tea and Industries is U01132WB1919PLC003217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Good-Will Tea and Industries has 22 court cases on record: 14 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Good-Will Tea and Industries was incorporated on 07 May 1919, making it 107+ years old. It is registered with the Registrar of Companies, Kolkata.
Shivang Agarwal ceased to be Additional Director on 29 Sep 2024. Shivang Agarwal was appointed as Director on 15 Mar 2023. Shyam Sundar Agarwal ceased to be Additional Director on 30 Dec 2020. Good-Will Tea and Industries has 14 board changes on record in total.
Good-Will Tea and Industries can be reached through the website bhadiguriteaestate.com. Its registered office is in Jalpaiguri, West Bengal, India.
The registered office of Good-Will Tea and Industries is at Bhagwati Complex Marwari Patty Dinbazar, Jalpaiguri, West Bengal, India – 735101.
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