Startup India Government of India
Teesta River Beverages Private Limited - agriculture in Domlur East, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹4.13 Lakh
▼ 51% YoY
Net loss · FY 2022
₹5.4 Lakh
Net margin -130.7%
EBITDA · FY 2022
-₹3.21 Lakh
EBITDA margin -77.7%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹22.95 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Teesta River Beverages Private Limited
Data last updated:
Teesta River Beverages Private Limited is a private limited company based in Domlur East, Karnataka, India, recognised as a startup by DPIIT. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 20 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC100683. Its GSTIN is 29AAGCT1103L1ZC (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was formerly known as Teesta River Beverages & Spices Private Limited. It is led by directors Neeraj Verma (Managing Director) and Lalithamma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 131 13th Cross 1st Main Amar Jyothi Lyt, Domlur East, Karnataka, India – 560071.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.13 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹5.4 Lakh (net margin -130.7%) and EBITDA of -₹3.21 Lakh (EBITDA margin -77.7%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years.
The company is associated with 1 brand: Teesta River Tea. As per MCA filings, the company has open charges of ₹22.95 Lakh on record.
Teesta River Beverages Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0013146). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teestatea.com.
Company details
CIN U74999KA2017PTC100683
Registration Number 100683
Incorporation Date 20 February 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0013146
Recognitions & Rankings of Teesta River Beverages
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0013146
Contact details
Teesta River Beverages Private Limited's registered office is in Domlur East, Karnataka. Its website is teestatea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 131 13th Cross 1st Main Amar Jyothi Lyt, Domlur East, Karnataka, India – 560071
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Teesta River Beverages Private Limited, buy the company report.
Comprehensive company report
Teesta River Beverages Private 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
Teesta River Beverages operates one associated brand: Teesta River Tea. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand specializing in tea products. | teestatea.com |
Business activity
The main business activity of Teesta River Beverages is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Teesta River Beverages Private Limited, buy the company report.
Financials of Teesta River Beverages Private Limited
FY 2022 filings availableTeesta River Beverages Private Limited reported revenue of ₹4.13 Lakh (down 51% YoY) for FY 2022.
Revenue · FY 2022
₹4.13 Lakh ▼ 51%
Net loss · FY 2022
₹5.4 Lakh margin -130.7%
EBITDA · FY 2022
-₹3.21 Lakh margin -77.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 64%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 57% over three years, including a 51% fall in the latest year. EBITDA rose 71% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.13 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.4 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -77.7% | ||||
| Net Profit Margin | -130.7% | ||||
| 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 Teesta River Beverages Private Limited, buy the company report.
Board of directors of Teesta River Beverages Private Limited
Teesta River Beverages has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalithamma | Additional Director | 08 Jun 2023 | 3 Years 4 Months | Current |
| Neeraj Verma | Managing Director | 20 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Teesta River Beverages Private Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Planet Infinite Private Limited | ₹4.47 Lakh (FY 2023) | Bangalore, Karnataka, India | ||||
| Teesta River Beverages Private Limitedthis company | ₹4.13 Lakh (FY 2022) | -₹5.4 Lakh | -130.7% | -51.0% | Domlur East, Karnataka, India | |
| Blissberry Brews Private Limited | ₹3.72 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Prithivi Organic Tea & Agro Producer Company Limited | ₹3.49 Lakh (FY 2024) | 139.0% | Naharkatia, Assam, India |
To see the full peer comparison of Teesta River Beverages Private Limited, buy the company report.
Auditor
Teesta River Beverages Private Limited is audited by HARISH RANGASWAMY & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH RANGASWAMY & ASSOCIATES | FY 2021 | 019618S |
Shareholding
The shareholding of Teesta River Beverages Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Teesta River Beverages Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.95 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2020 | 100346455 | Canara Bank | ₹2.95 Lakh | Open | |
| 11 Sep 2018 | 100203707 | Syndicate Bank | ₹20 Lakh | Open |
To see the full charge records of Teesta River Beverages Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Teesta River Beverages Private 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 Teesta River Beverages Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Teesta River Beverages has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT1103L1ZC | Karnataka | Active | 01 Jul 2017 |
| 33AAGCT1103L1ZN | Tamil Nadu | Active | 19 Dec 2017 |
To see the full GST registrations and return filing status of Teesta River Beverages Private Limited, buy the company report.
Recent activity
Teesta River Beverages Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Lalithamma was appointed as Additional Director on 08 Jun 2023.
Appointed
Lalithamma was appointed as Additional Director.
Ceased
Raghavendra Rao Lakshmeshwar ceased to be Director.
AGM
Teesta River Beverages Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Teesta River Beverages Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 2.95 Lakh with Charge ID 100346455 was registered on 22 Jun 2020.
Charges
A charge with Syndicate Bank of Rs. 20.00 Lakh registered on 11 Sep 2018 with Charge ID 100203707 was modified on 26 Sep 2019.
Charges
A charge with Syndicate Bank amounted to Rs. 20.00 Lakh with Charge ID 100203707 was registered on 11 Sep 2018.
Ceased
Neeraj Verma ceased to be Director.
Appointed
Neeraj Verma was appointed as Managing Director.
Incorporation
20 Feb 2017
Teesta River Beverages Private Limited was registered on 20 Feb 2017 with Roc Bangalore & aged 9 years 8 months as per MCA records.
Frequently asked questions
Teesta River Beverages is an active private limited company based in Domlur East, Karnataka, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 20 February 2017 (9+ years old) and is registered under CIN U74999KA2017PTC100683.
Teesta River Beverages has 2 current directors:
- Neeraj Verma - Managing Director
- Lalithamma - Additional Director
The latest financial statements of Teesta River Beverages on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Teesta River Beverages is 29AAGCT1103L1ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAGCT1103L1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Teesta River Beverages is U74999KA2017PTC100683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Teesta River Beverages was incorporated on 20 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Teesta River Beverages by revenue are Planet Infinite Private Limited, Blissberry Brews Private Limited, Prithivi Organic Tea & Agro Producer Company Limited, all in the Agriculture industry (Tea and Coffee), with the same principal business activity (wholesale trading).
Lalithamma was appointed as Additional Director on 08 Jun 2023. Raghavendra Rao Lakshmeshwar ceased to be Director on 08 Jun 2023. Neeraj Verma ceased to be Director on 06 Oct 2017. Teesta River Beverages has 4 board changes on record in total.
Yes, Teesta River Beverages is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Teesta River Beverages is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0013146).
Teesta River Beverages can be reached through the website teestatea.com. Its registered office is in Domlur East, Karnataka, India.
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