Harale Tea Company Private Limited
About Harale Tea Company Private Limited
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Harale Tea Company Private Limited is a private limited company based in Parbhani, Maharashtra, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 01 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC241586. Its GSTIN is 27AADCH1701P1ZJ (Maharashtra).
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Govind Murlidharrao Harale and Amit Murlidhar Harale.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at MIDC Near Kamal Nagar, Parbhani, Maharashtra, India – 431401.
As per the financials filed for FY 2017, the company reported a revenue of ₹89.39 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Lakh (net margin 1.2%) and EBITDA of ₹9.05 Lakh (EBITDA margin 10.1%).
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Harale Tea Company Private Limited's registered office is in Parbhani, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMIDC Near Kamal Nagar, Parbhani, Maharashtra, India – 431401
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Harale Tea Company Private 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
Business activity
The main business activity of Harale Tea Company is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Harale Tea Company Private Limited, buy the company report.
Financials of Harale Tea Company Private Limited
FY 2017 filings availableHarale Tea Company Private Limited reported revenue of ₹89.39 Lakh (down 46% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year. EBITDA fell 58% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹89.39 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.05 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.03 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.1% | ||
| Net Profit Margin | 1.2% | ||
| 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 Harale Tea Company Private Limited, buy the company report.
Board of directors of Harale Tea Company Private Limited
Harale Tea Company has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Murlidharrao Harale | Director | 01 Apr 2013 | 13 Years 7 Months | Current |
| Amit Murlidhar Harale | Director | 19 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Harale Tea Company Private Limited is audited by S. P. DHOOT & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. P. DHOOT & ASSOCIATES | FY 2017 | 126704W |
Shareholding
The shareholding of Harale Tea Company Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Harale Tea Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2014 | 10504991 | Bank of Baroda | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Harale Tea Company Private Limited has 7 court cases on record: 2 filed by Harale Tea Company, 5 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by HDFC Bank Ltd | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against Vikram Tea Processor Pvt Ltd Through Its Authorized Signatory Virendra Manubhai Patel | Disposed |
| Bombay High Court | Appeal | Filed by the company against Vikram Tea Processor Pvt Ltd Through Its Authorized Signatory Virendra Manubhai Patel | Disposed |
| District court, Jalna, Maharashtra | Civil suit | Filed against the company by Vikram Tea Processor Private Ltd. | Disposed |
| District court, Parbhani, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Harale Tea Company Private 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
No delayed payments to MSME suppliers are on our record for Harale Tea Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harale Tea Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH1701P1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harale Tea Company Private Limited, buy the company report.
Recent activity
Harale Tea Company Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Amit Murlidhar Harale was appointed as Director on 19 Sep 2013.
Frequently asked questions
Harale Tea Company is an active private limited company based in Parbhani, Maharashtra, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 01 April 2013 (13+ years old) and is registered under CIN U74120MH2013PTC241586.
Harale Tea Company has 2 current directors:
- Govind Murlidharrao Harale - Director
- Amit Murlidhar Harale - Director
The latest financial statements of Harale Tea Company on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Harale Tea Company is 27AADCH1701P1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Harale Tea Company is U74120MH2013PTC241586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harale Tea Company has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Harale Tea Company was incorporated on 01 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Amit Murlidhar Harale was appointed as Director on 19 Sep 2013. Dnyaneshwar Anantrao Harale ceased to be Director on 19 Sep 2013. Govind Murlidharrao Harale was appointed as Director on 01 Apr 2013.
The registered office of Harale Tea Company is at MIDC Near Kamal Nagar, Parbhani, Maharashtra, India – 431401.
Harale Tea Company operates in the agriculture industry, in the tea and coffee processing segment.
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