Arcuttipore Tea Co Ltd
About Arcuttipore Tea Co Ltd
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Arcuttipore Tea Co Ltd is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 19 January 1900.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L15491WB1900PLC000220. Its GSTIN is 19AACCA3214B2ZC (West Bengal). The company holds 5 GST registrations, of which 2 are active. It is recorded as listed by MCA, but its shares were delisted from BSE on 15 Nov 2022 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.31 Cr. It is led by directors including Sudip Kusarye and Subhankar Banerjee.
Its last annual general meeting (AGM) was held on 31 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mms Chambers 4A Council House Street Kolkata – 700001, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.29 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹10.26 Lakh (net margin 1.1%) and EBITDA of ₹1.02 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years.
The company is associated with 1 brand: Arcuttipore Tea Company. As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹2.46 Cr on record. Court records list 35 cases involving the company, including 6 filed by the company and 29 filed against it; 8 cases are pending. The company has 16 deals on record (16 market trades); the latest was in June 2017. Its 5 peer companies in the Agriculture industry (Tea and Coffee), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 2 smaller; the largest is Badami Tea Processors Private Limited with revenue of ₹9.38 Cr.
Company details
CIN history
Arcuttipore Tea Co has one previous CIN (Corporate Identification Number): U15491WB1900PLC000220. The current CIN is L15491WB1900PLC000220, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15491WB1900PLC000220 | Current |
| U15491WB1900PLC000220 | Previous |
Contact details
Arcuttipore Tea Co Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressMms Chambers 4A Council House Street Kolkata – 700001, West Bengal, India – 700001
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Arcuttipore Tea Co 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
Brands
Arcuttipore Tea Co operates one associated brand: Arcuttipore Tea Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | arcuttiporetea.com |
Business activity
The main business activity of Arcuttipore Tea Co 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 Arcuttipore Tea Co Ltd, buy the company report.
Financials of Arcuttipore Tea Co Ltd
FY 2019 filings availableArcuttipore Tea Co Ltd reported revenue of ₹9.29 Cr (up 24% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over three years, including 24% growth in the latest year. EBITDA rose 508% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.26 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Arcuttipore Tea Co Ltd, buy the company report.
Board of directors of Arcuttipore Tea Co Ltd
Arcuttipore Tea Co has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudip Kusarye Also directs: Duckback Information Systems Pvt Ltd | Director | 02 Dec 2021 | 4 Years 11 Months | As last reported |
| Subhankar Banerjee | Director | 16 Jun 2022 | 4 Years 4 Months | As last reported |
| Jayasree Chiney | Additional Director | 18 Sep 2023 | 3 Years 1 Months | As last reported |
Peer comparison
Arcuttipore Tea Co Ltd is compared with the 5 companies closest to it by revenue in the Agriculture industry (Tea and Coffee), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Badami Tea Processors Private Limited | ₹9.38 Cr (FY 2025) | 32.0% | Darjeeling, West Bengal, India | |||
| Premier's Tea Limited | ₹9.35 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Sri Uma Coffee Private Limited | ₹9.31 Cr (FY 2024) | 6.0% | Kushalnagar, Karnataka, India | |||
| Arcuttipore Tea Co Ltdthis company | ₹9.29 Cr (FY 2019) | ₹10.26 Lakh | 1.1% | 24.0% | Kolkata, West Bengal, India | |
| Mebel Brew Private Limited | ₹9.19 Cr (FY 2025) | 214.0% | Delhi, India | |||
| Rai Mohan Tea & Plantations Pvt Ltd | ₹9.18 Cr (FY 2025) | -3.0% | Siliguri, West Bengal, India |
To see the full peer comparison of Arcuttipore Tea Co Ltd, buy the company report.
Auditor
Arcuttipore Tea Co Ltd is audited by M R K ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R K ASSOCIATES | FY 2019 | 007726C |
Shareholding
The shareholding of Arcuttipore Tea Co Ltd is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Arcuttipore Tea Co Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2019 | 100295634 | Others | ₹2.5 Cr | Open | |
| 07 Apr 2003 | 90252859 | Uco Bank | ₹2.06 Cr | Satisfied | |
| 21 Jan 1981 | 90255570 | Asrec (India) Limited | ₹20 Lakh | Satisfied | |
| 27 Jan 1979 | 90255563 | Asrec (India) Limited | ₹20 Lakh | Satisfied |
To see the full charge records of Arcuttipore Tea Co Ltd, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Arcuttipore Tea Co Ltd has 16 deals on record (16 market trades); the latest was in June 2017.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Market trade | ₹60,000 | Buyer: Deeleep (India) Grains Pvt. Ltd. Seller: Deeleep (India) Grains Pvt. Ltd. |
| Nov 2012 | Market trade | ₹12 Lakh | Buyer: an individual Seller: Deeleep (India) Grains Pvt. Ltd. , Aradhana Credit Pvt Ltd |
| Sep 2012 | Market trade | ₹7.6 Lakh | Seller: Deeleep (India) Grains Pvt. Ltd. |
| Sep 2012 | Market trade | ₹7.3 Lakh | Seller: Leader Construction Private Limited |
| Sep 2012 | Market trade | ₹15.7 Lakh | Buyer: an individual Seller: Aradhana Credit Pvt Ltd |
To see the full deal history of Arcuttipore Tea Co Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Arcuttipore Tea Co Ltd has 35 court cases on record: 6 filed by Arcuttipore Tea Co, 29 filed against it. 8 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 7 |
| High courts | 9 | 3 | 1 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CRA (SB)) | Filed against the company by M/S Tarashakti Realtors Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Pacmart Packaging (India) Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Virgo Merchants Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Moonlink Properties Pvt Ltd | Pending |
| NCLT, Kolkata | Insolvency matter | Filed against the company by Marygold Estates Pvt Ltd | Disposed |
To see the full case history of Arcuttipore Tea Co 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Arcuttipore Tea Co Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arcuttipore Tea Co has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA3214B2ZC | West Bengal | Active | 19 Jul 2018 |
| 18AACCA3214B1ZF | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arcuttipore Tea Co Ltd, buy the company report.
Recent activity
Arcuttipore Tea Co Ltd has 27 board changes on record since 1989: 15 appointments and 12 cessations. The latest: Jai Narayan Gupta ceased to be Irp/Rp/Liquidator on 10 Jan 2025.
28 earlier events are in the company report.
Frequently asked questions
Arcuttipore Tea Co is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Arcuttipore Tea Co is a company under insolvency, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 19 January 1900 and is registered under CIN L15491WB1900PLC000220. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Arcuttipore Tea Co has 3 current directors:
- Sudip Kusarye - Director
- Subhankar Banerjee - Director
- Jayasree Chiney - Additional Director
The latest financial statements of Arcuttipore Tea Co on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 December 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Arcuttipore Tea Co is L15491WB1900PLC000220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arcuttipore Tea Co is recorded as a listed company by MCA, but its shares were delisted from BSE on 15 Nov 2022 · compulsory delisting, and no longer trade on a stock exchange.
Arcuttipore Tea Co has open charges of ₹2.5 Cr and satisfied charges of ₹2.46 Cr as per latest MCA filings.
Arcuttipore Tea Co has 35 court cases on record: 6 filed by the company and 29 filed against it. 8 are pending. Most are in the district courts.
Arcuttipore Tea Co was incorporated on 19 January 1900. It is registered with the Registrar of Companies, Kolkata.
Arcuttipore Tea Co has 16 deals on record (16 market trades); the latest was in June 2017.
The peers of Arcuttipore Tea Co by revenue are Badami Tea Processors Private Limited, Premier's Tea Limited, Sri Uma Coffee Private Limited, Mebel Brew Private Limited, Rai Mohan Tea & Plantations Pvt Ltd, all in the Agriculture industry (Tea and Coffee), with the same principal business activity (food, beverages and tobacco products).
Sample company reports
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