Jivraj Tea Limited - agriculture in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U01130GJ1981PLC004892 Incorporated 18 December 1981 ROC Ahmedabad HQ Surat, Gujarat, India
Active Public Limited Company agriculture
Data last updated
Revenue · FY 2024
₹293.57 Cr
▲ 3% YoY
Net profit · FY 2024
₹14.13 Cr
Net margin 4.8%
EBITDA · FY 2024
₹23.53 Cr
EBITDA margin 8%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹8.53 Cr
Issued & subscribed
Open charges
₹76.95 Cr
Satisfied ₹47.78 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
242
Provident fund records

About Jivraj Tea Limited

Data last updated:

Jivraj Tea Limited is a public limited company based in Surat, Gujarat, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 18 December 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01130GJ1981PLC004892. Its GSTIN is 08AAACJ5895P1ZP (Rajasthan). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹8.53 Cr. It was formerly known as Jivraj Tea Company Limited and Jivraj Tea Company Private Limited. It is led by directors including Viren Sureshbhai Shah (Managing Director) and Rushabh Virenbhai Shah (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 501 502 601 602 5th & 6th Floor Union Heights B/S Rahul Raj Mall Vesu, Surat, Gujarat, India – 395007.

As per the financials filed for FY 2024, the company reported a revenue of ₹293.57 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹14.13 Cr (net margin 4.8%) and EBITDA of ₹23.53 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.

The company has about 242 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Jivraj9 Tea Group. As per MCA filings, the company has open charges of ₹76.95 Cr and satisfied charges of ₹47.78 Cr on record. Court records list 77 cases involving the company, including 35 filed by the company and 43 filed against it; 14 cases are pending. The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.38 Cr; the latest was in July 2023. Its 5 peer companies in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Muhavra Enterprises Private Limited with revenue of ₹332.7 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 223 overdue payments to 31 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jivraj9tea.com.

Company details

CIN U01130GJ1981PLC004892
Registration Number 004892
Incorporation Date 18 December 1981
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Name history

Jivraj Tea has undergone 2 name changes throughout its history. The company was previously known as Jivraj Tea Company Limited, and Jivraj Tea Company Private Limited. The current legal name is Jivraj Tea Limited.

Company NameStatus
Jivraj Tea LimitedCurrent
Jivraj Tea Company LimitedPrevious
Jivraj Tea Company Private LimitedPrevious

Contact details

Jivraj Tea Limited's registered office is in Surat, Gujarat. Its website is jivraj9tea.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    501 502 601 602 5th & 6th Floor Union Heights B/S Rahul Raj Mall Vesu, Surat, Gujarat, India – 395007
  • Industry
    Agriculture, Tea & Coffee Processing

To see the full contact details of Jivraj Tea Limited, buy the company report.

Comprehensive company report
Jivraj Tea 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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Brands

Jivraj Tea operates one associated brand: Jivraj9 Tea Group. Each brand links to its own profile.

BrandDescriptionWebsite
Jivraj9 Tea Group offers a premium collection of green tea, black tea, tea bags, and instant tea premixes.jivraj9tea.com

Business activity

The main business activities of Jivraj Tea are trade and electricity, gas, steam and air condition supply. In detail, this covers wholesale trading and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Jivraj Tea Limited, buy the company report.

Financials of Jivraj Tea Limited

FY 2024 filings available

Jivraj Tea Limited reported revenue of ₹293.57 Cr (up 3% YoY) for FY 2024.

Revenue · FY 2024
₹293.57 Cr ▲ 3%
Net profit · FY 2024
₹14.13 Cr margin 4.8%
EBITDA · FY 2024
₹23.53 Cr margin 8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 6%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 95%
3 years · compounded
▲ 33%
5 years · compounded
▲ 6%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 3% growth in the latest year. EBITDA rose 95% 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₹23.53 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.13 Cr
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 Margin8%
Net Profit Margin4.8%
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 Jivraj Tea Limited, buy the company report.

Board of directors of Jivraj Tea Limited

Jivraj Tea has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kantilal Bhogilal JariwalaDirector06 Apr 20242 Years 6 MonthsCurrent
Rushabh Virenbhai ShahWhole-Time Director31 Mar 201412 Years 6 MonthsCurrent
Viren Sureshbhai ShahManaging Director01 Apr 198937 Years 6 MonthsCurrent
Pathik Viren ShahWhole-Time Director31 Mar 201412 Years 6 MonthsCurrent

Peer comparison

Jivraj Tea Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Muhavra Enterprises Private Limited₹332.7 Cr (FY 2025)50.0%Gurgaon, Haryana, India
Vikrma Impex Pvt Ltd₹324.82 Cr (FY 2025)19.0%Kolkata, West Bengal, India
Balaji Agro Private Limited₹317.22 Cr (FY 2025)3.0%Kolkata, West Bengal, India
Jivraj Tea Limitedthis company₹293.57 Cr (FY 2024)₹14.13 Cr4.8%3.0%242Surat, Gujarat, India
Asian Tea Company Private Limited₹286.18 Cr (FY 2025)14.0%Kolkata, West Bengal, India
Marvel Limited₹284.7 Cr (FY 2025)-5.0%Haryana, India

To see the full peer comparison of Jivraj Tea Limited, buy the company report.

Auditor

Jivraj Tea Limited is audited by DSI & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DSI & CO.FY 2023127226W

Shareholding

The shareholding of Jivraj Tea 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 Jivraj Tea Limited, buy the company report.

Charges & borrowings

Open charges
₹76.95 Cr
Satisfied charges
₹47.78 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹74.40 Cr
Others₹2.55 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Feb 2025101046666Others₹75 LakhOpen
15 May 2024100924224Others₹1.8 CrOpen
15 Apr 2017100112672Hdfc Bank Limited₹9.4 CrOpen
29 Jun 2016100051212Hdfc Bank Limited₹65 CrOpen
01 Oct 2020100379608Hdfc Bank Limited₹26.88 LakhSatisfied

To see the full charge records of Jivraj Tea Limited, buy the company report.

Total charge records: 17 View all charges

Deals & funding

Jivraj Tea Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.38 Cr; the latest was in July 2023.

Total deals
10
Secondary share transfers
8
Funding rounds
2
Disclosed funding
₹1.38 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Jul 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jan 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
May 2014Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2014Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Jivraj Tea Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Jivraj Tea Limited was last rated by Crisil on 31 Aug 2020.

Rating agencyRated onRating
Crisil31 Aug 2020

To see the full credit ratings and regulatory alerts of Jivraj Tea Limited, buy the company report.

MSME payment delays

Jivraj Tea Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 223 overdue payments to 31 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 31)

SupplierAmount dueDue sinceReported on
Nilkanth Enterprise
Maanav Tea Co
Lalla Mookh Tea Co Pvt Ltd
Commodities International Pvt. Ltd.
Aakash Packaging Unit 2

To see the full MSME payment records of Jivraj Tea Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Jivraj Tea has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Associated companies

Employees & EPFO

Jivraj Tea Limited has a workforce of 242 employees on its EPFO records as of Jun 27, 2024, across 1 active EPFO establishment.

Employee count
242
Active EPFO establishments
1
Employee growth
2.11%

GST

Jivraj Tea has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
08AAACJ5895P1ZPRajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of Jivraj Tea Limited, buy the company report.

Recent activity

Jivraj Tea Limited has 10 board changes on record since 1989: 5 appointments and 5 cessations. The latest: Nishtha Harivanshi Pamnani was appointed as Company Secretary on 19 Mar 2025.

Charges
A charge with Hdfc Bank Limited of Rs. 65.00 Cr registered on 29 Jun 2016 with Charge ID 100051212 was modified on 20 Sep 2025.
Appointed
Nishtha Harivanshi Pamnani was appointed as Company Secretary.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 101046666 was registered on 17 Feb 2025.
AGM
Jivraj Tea Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100924224 was registered on 15 May 2024.
Appointed
Kantilal Bhogilal Jariwala was appointed as Director.
Filing
Jivraj Tea Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 01 Oct 2020 via Charge ID 100379608 with Hdfc Bank Limited was fully satisfied on 28 Dec 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 9.40 Cr registered on 15 Apr 2017 with Charge ID 100112672 was modified on 28 Dec 2022.
Ceased
Dhruvika Vitthalbhai Savaj ceased to be Company Secretary.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100379608 was registered on 01 Oct 2020.
Ceased
Pathik Viren Shah ceased to be Director.

38 earlier events are in the company report.

Frequently asked questions

Jivraj Tea is an active public limited company based in Surat, Gujarat, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 18 December 1981 (45+ years old) and is registered under CIN U01130GJ1981PLC004892.

Jivraj Tea has 4 current directors:

The latest financial statements of Jivraj Tea on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Jivraj Tea is 08AAACJ5895P1ZP, registered in Rajasthan. 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 Jivraj Tea is U01130GJ1981PLC004892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jivraj Tea has 77 court cases on record: 35 filed by the company and 43 filed against it. 14 are pending. Most are in the high courts.

Jivraj Tea was incorporated on 18 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jivraj Tea has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.38 Cr; the latest was in July 2023.

The peers of Jivraj Tea by revenue are Muhavra Enterprises Private Limited, Vikrma Impex Pvt Ltd, Balaji Agro Private Limited, Asian Tea Company Private Limited, Marvel Limited, all in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading).

Nishtha Harivanshi Pamnani was appointed as Company Secretary on 19 Mar 2025. Kantilal Bhogilal Jariwala was appointed as Director on 06 Apr 2024. Dhruvika Vitthalbhai Savaj ceased to be Company Secretary on 25 Apr 2022. Jivraj Tea has 10 board changes on record in total.

Jivraj Tea has 11 MSME Form 1 returns on record between 2019 and 2023, listing 223 overdue payments to 31 micro and small suppliers. The latest return was filed on 22 Nov 2023.

Jivraj Tea can be reached through the website jivraj9tea.com. Its registered office is in Surat, Gujarat, India.