
Pioji Tea Limited
About Pioji Tea Limited
Data last updated:
Pioji Tea Limited is a public limited company based in Anand, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 08 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01130GJ1999PLC036108. Its GSTIN is 18AABCP7101R1Z2 (Assam). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.5 Lakh. It was formerly known as Pioji Tea Private Limited. It is led by directors including Nirav Jayantkumar Patel and Pritesh Manubhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 61 Sardar Gunj, Anand, Gujarat, India – 388001.
As per the financials filed for FY 2025, the company reported a revenue of ₹114.07 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹66.36 Lakh (net margin 0.6%) and EBITDA of ₹92.08 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Pioji Tea has one previous CIN (Corporate Identification Number): U01130GJ1999PTC036108. The current CIN is U01130GJ1999PLC036108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01130GJ1999PLC036108 | Current |
| U01130GJ1999PTC036108 | Previous |
Contact details
Pioji Tea Limited's registered office is in Anand, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address61 Sardar Gunj, Anand, Gujarat, India – 388001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Pioji Tea 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 Pioji Tea 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 Pioji Tea Limited, buy the company report.
Financials of Pioji Tea Limited
FY 2025 filings availablePioji Tea Limited reported revenue of ₹114.07 Cr (up 63% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 63% growth in the latest year. EBITDA rose 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹114.07 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹92.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.36 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Pioji Tea Limited, buy the company report.
Board of directors of Pioji Tea Limited
Pioji Tea has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Jayantkumar Patel | Director | 10 Jun 1999 | 27 Years 4 Months | Current |
| Pritesh Manubhai Patel | Director | 10 Jun 1999 | 27 Years 4 Months | Current |
| Neil Patel | Director | 30 Jan 2021 | 5 Years 9 Months | Current |
| Vedant Nirav Patel | Director | 30 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Pioji Tea Limited is audited by ANKUR M. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKUR M. SHAH & ASSOCIATES | FY 2023 | 148689W |
Shareholding
The shareholding of Pioji 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pioji Tea Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pioji Tea Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pioji Tea Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pioji Tea has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AABCP7101R1Z2 | Assam | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pioji Tea Limited, buy the company report.
Recent activity
Pioji Tea Limited has 14 board changes on record since 1999: 4 appointments and 10 cessations. The latest: Neil Patel ceased to be Additional Director on 30 Nov 2021.
5 earlier events are in the company report.
Frequently asked questions
Pioji Tea is an active public limited company based in Anand, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 08 June 1999 (27+ years old) and is registered under CIN U01130GJ1999PLC036108.
Pioji Tea has 4 current directors:
- Nirav Jayantkumar Patel - Director
- Pritesh Manubhai Patel - Director
- Neil Patel - Director
- Vedant Nirav Patel - Director
The latest financial statements of Pioji Tea on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pioji Tea is 18AABCP7101R1Z2, registered in Assam. 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 Pioji Tea is U01130GJ1999PLC036108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioji Tea was incorporated on 08 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Neil Patel ceased to be Additional Director on 30 Nov 2021. Vedant Nirav Patel ceased to be Additional Director on 30 Nov 2021. Neil Patel was appointed as Director on 30 Jan 2021. Pioji Tea has 14 board changes on record in total.
The registered office of Pioji Tea is at 61 Sardar Gunj, Anand, Gujarat, India – 388001.
Pioji Tea operates in the agriculture industry, in the agro retail and distribution segment.
The compliance status of Pioji Tea is compliant as of 26 October 2026. The company is actively filing with the Registrar of Companies.

