MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-WB-10-0021950
Palashbari Tea Co Ltd
Palashbari Tea Co Ltd - agriculture in Banarhat, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.53 Cr
▼ 1% YoY
Net loss · FY 2024
₹1.89 Cr
Net margin -10.2%
EBITDA · FY 2024
-₹1.48 Cr
EBITDA margin -8%
Authorised capital
₹3.6 Cr
Registered with MCA
Paid-up capital
₹84 Lakh
Issued & subscribed
Open charges
₹2.14 Cr
Secured borrowings
Company age
112 yrs
Est. 1914
Directors on board
6
As per MCA filings
About Palashbari Tea Co Ltd
Data last updated:
Palashbari Tea Co Ltd is a public limited company based in Banarhat, West Bengal, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 23 February 1914 and has been in existence for over 112 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01122WB1914PLC002497. Its GSTIN is 19AABCP8266F1Z5 (West Bengal).
The company has an authorised share capital of ₹3.6 Cr and a paid-up capital of ₹84 Lakh. It is led by directors including Shantanu Saharia and Manoj Dhawan.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Palashbari Tea Garden Banarhat, West Bengal, India – 735202.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.53 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Cr (net margin -10.2%) and EBITDA of -₹1.48 Cr (EBITDA margin -8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.14 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it.
Palashbari Tea Co Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0021950). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Palashbari Tea Co Ltd
CIN U01122WB1914PLC002497
Registration Number 002497
Incorporation Date 23 February 1914
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0021950
Recognitions & Rankings of Palashbari Tea Co
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPalashbari Tea Garden Banarhat, West Bengal, India – 735202
- IndustryAgriculture, Tea & Coffee Processing
Comprehensive company report
Palashbari Tea Co Ltd - 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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Business Activity
The main business activity of Palashbari Tea Co is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Palashbari Tea Co Ltd
FY 2025 filings availablePalashbari Tea Co Ltd reported revenue of ₹18.53 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹18.53 Cr ▼ 1%
Net loss · FY 2024
₹1.89 Cr margin -10.2%
EBITDA · FY 2024
-₹1.48 Cr margin -8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 39%
5 years · compounded
▼ 26%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 1% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | -₹1.48 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹1.89 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
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8% | |
| Net Profit Margin | -10.2% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Palashbari Tea Co are in the company report.
: available in the company report
Board of Directors of Palashbari Tea Co Ltd
Palashbari Tea Co has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantanu Saharia Also directs: Sanghu Valley (India) Ltd, Abhinav Tradelink Pvt Ltd, Suryanchal Apartments Pvt Ltd and 2 more | Director | 29 Jun 2020 | 6 Years 3 Months | Current |
| Manoj Dhawan Also directs: Sanghu Valley (India) Ltd, Anirudh Enclave Pvt Ltd | Director | 17 Jan 2005 | 21 Years 9 Months | Current |
| Nirmala Saharia Also directs: Abhinav Tradelink Pvt Ltd | Director | 18 Feb 2021 | 5 Years 8 Months | Current |
| Raghunath Prasad Kandoi Also directs: Peace Cottage Pvt Ltd | Director | 19 Nov 2007 | 18 Years 11 Months | Current |
| Shree Prakash Saharia Also directs: Sanghu Valley (India) Ltd, Abhinav Tradelink Pvt Ltd, Savin World Resorts Pvt Ltd and 1 more | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
| Mrinal Kanti Paul | Director | 22 Sep 2000 | 26 Years 1 Months | Current |
Auditor Details
Palashbari Tea Co Ltd is audited by BASU BANERJEE & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BASU BANERJEE & CO. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹2.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2023 | Hdfc Bank Limited | ₹10 Lakh | Open |
| 10 Nov 2021 | Indian Bank | ₹91 Lakh | Open |
| 06 Jan 2021 | Hdfc Bank Limited | ₹8 Lakh | Open |
| 09 Sep 2014 | Hdfc Bank Limited | ₹1.05 Cr | Open |
Total charge records: 4 View all charges
Legal Cases
Palashbari Tea Co Ltd has 9 court cases on record: 4 filed by Palashbari Tea Co, 5 filed against it. All cases are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalpaiguri, West Bengal | Interim or miscellaneous application | Filed against the company by Debpara Tea Company Limited | Disposed |
| District court, Jalpaiguri, West Bengal | Criminal complaint | Filed against the company by State of West Bengal | Disposed |
| District court, Jalpaiguri, West Bengal | Criminal complaint | Filed against the company by Assistant Labour Commissioner | Disposed |
| High Court | Company petition | Filed by the company against an individual | Disposed |
| High Court | Company petition | Filed by the company against an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Palashbari Tea Co.
: available in the company report
Recent Activity
Palashbari Tea Co Ltd has 17 board changes on record since 2000: 6 appointments and 11 cessations. The latest: Gautam Banerjee ceased to be Director on 23 Apr 2023.
AGM
Palashbari Tea Co Ltd last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Palashbari Tea Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100845869 was registered on 31 Oct 2023.
Ceased
Gautam Banerjee ceased to be Director.
Ceased
Raghunath Prasad Kandoi ceased to be Additional Director.
Ceased
Nirmala Saharia ceased to be Additional Director.
Charges
A charge with Indian Bank amounted to Rs. 0.91 Cr with Charge ID 100496634 was registered on 10 Nov 2021.
Ceased
Chandra Prakash Saharia ceased to be Director.
Appointed
Nirmala Saharia was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100439324 was registered on 06 Jan 2021.
Ceased
Shantanu Saharia ceased to be Additional Director.
Appointed
Shantanu Saharia was appointed as Director.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Palashbari Tea Co has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP8266F1Z5 | West Bengal | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Palashbari Tea Co is an active public limited company based in Banarhat, West Bengal, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 23 February 1914 (112+ years old) and is registered under CIN U01122WB1914PLC002497.
Palashbari Tea Co has 6 current directors:
- Shantanu Saharia - Director
- Manoj Dhawan - Director
- Nirmala Saharia - Director
- Raghunath Prasad Kandoi - Director
- Shree Prakash Saharia - Director
- Mrinal Kanti Paul - Director
The latest financial statements of Palashbari Tea Co on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Palashbari Tea Co is 19AABCP8266F1Z5, registered in West Bengal.
The CIN (Corporate Identification Number) of Palashbari Tea Co is U01122WB1914PLC002497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palashbari Tea Co has 9 court cases on record: 4 filed by the company and 5 filed against it. Most are in the high courts.
Palashbari Tea Co was incorporated on 23 February 1914, making it 112+ years old. It is registered with the Registrar of Companies, Kolkata.
Gautam Banerjee ceased to be Director on 23 Apr 2023. Raghunath Prasad Kandoi ceased to be Additional Director on 16 Sep 2022. Nirmala Saharia ceased to be Additional Director on 31 Dec 2021. Palashbari Tea Co has 17 board changes on record in total.
Yes, Palashbari Tea Co is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0021950).
The registered office of Palashbari Tea Co is at Palashbari Tea Garden Banarhat, West Bengal, India – 735202.