The Devashola Nilgiri Tea Estates Company Limited - Company Profile

It is a agriculture public limited company based in Nilgiris, Tamil Nadu, India, established in 1929.
1929 Nilgiris, Tamil Nadu, India Active
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About The Devashola Nilgiri Tea Estates Company Limited

The Devashola Nilgiri Tea Estates Company Limited, a active public limited company, was established on 07 February 1929 in Nilgiris, Tamil Nadu, India. Engaging in tea & coffee processing within the accommodation and food service sector, it holds CIN: U01132TZ1929PLC007817. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹2.40 M.

It upholds a compliant status. Its leadership includes Sivaswami Venkataramani (Director), Balaji Rao Medum (Director), Lakshman Medum (Managing Director). Past directors included Sivaswami Venkataramani, Govindarajulu, Belli Gowder Rajubettan. It holds ₹8.47 M open charges and ₹5.01 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 14Clovelley East Coonoor, Nilgiris, Tamil Nadu, 643101.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U01132TZ1929PLC007817

  • Registration Number

    007817

  • Incorporation Date

    07 February 1929

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹2.40 M

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.40 M
  • Company Age 97 Year, 19 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.47 M
  • Satisfied Charges ₹ 5.01 Cr
  • Revenue Growth **** 14.47%
  • Profit Growth **** 27.28%
  • Ebitda **** 70.15%
  • Net Worth -45.72%
  • Total Assets **** 2.70%
Company report

The Devashola Nilgiri Tea Estates Company Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into The Devashola Nilgiri Tea Estates Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at The Devashola Nilgiri Tea Estates Company Limited?
Current Directors
Name Designation Appointment Date Status
Sivaswami Venkataramani Director 24 Aug 2024 Current
Balaji Rao Medum Director 20 Sep 1991 Current
Lakshman Medum Managing Director 11 Nov 2013 Current
Santhanam Sathyanarayanan Director 24 Aug 2024 Current
Munusamy Surendramohan Director 24 Aug 2024 Current
Ashwin Babu Medum Whole-Time Director 30 Jul 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Managing Director 23 Oct 2013 Past
Pramod Abcsdd Director 22 Dec 2008 Past
Pramod Abcsdd Director 09 Feb 2013 Past
Pramod Abcsdd Director 30 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past

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Financial Performance of The Devashola Nilgiri Tea Estates Company.

The Devashola Nilgiri Tea Estates Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.47% increase. The company also saw a substantial improvement in profitability, with a 27.28% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.72%.

The Devashola Nilgiri Tea Estates Company revenue growth over time
The Devashola Nilgiri Tea Estates Company profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 14.47%
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*******
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Revenue from Operations
*******
 14.14%
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*******
*******
Total Assets
*******
 2.70%
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*******
*******
*******
Profit or Loss
*******
 27.28%
*******
*******
*******
*******
Net Worth
*******
 -45.72%
*******
*******
*******
*******
EBITDA
*******
 70.15%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of The Devashola Nilgiri Tea Estates Company?

In 2022, The Devashola Nilgiri Tea Estates Company had a promoter holding of 83.77% and a public holding of 16.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹8,465,000.00

Satisfied Charges

₹50,126,400.00

Charges Breakdown by Lending Institutions
  • Indian Bank : 0.75 Cr
  • Others : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
19 Jun 2019 Others ₹0.97 M Open
27 Oct 1994 Indian Bank ₹7.50 M Open
24 Nov 2011 Indian Bank ₹0.53 M Satisfied
31 Mar 2009 Indian Bank ₹0.82 M Satisfied
21 Sep 1999 Indian Bank ₹1.50 M Satisfied

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How Many Employees Work at The Devashola Nilgiri Tea Estates Company?

Unlock and access historical data on people associated with The Devashola Nilgiri Tea Estates Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Devashola Nilgiri Tea Estates Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped The Devashola Nilgiri Tea Estates Company's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on The Devashola Nilgiri Tea Estates Company
Recent Activity within the Organization
  • Charges

    The activity A charge with Indian Bank of Rs. 0.75 Cr registered on 27 Oct 1994 with Charge ID 90326717 was modified on 15 Apr 2025. was completed.

  • Annual General Meeting

    The activity The Devashola Nilgiri Tea Estates Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    Sivaswami Venkataramani was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.

  • Director Appointment

    Progress on Santhanam Sathyanarayanan was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Director Appointment

    Munusamy Surendramohan was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.

  • Balance Sheet

    The Devashola Nilgiri Tea Estates Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of The Devashola Nilgiri Tea Estates Company Limited?

The CIN of The Devashola Nilgiri Tea Estates Company Limited is U01132TZ1929PLC007817.

Where is The Devashola Nilgiri Tea Estates Company Limited headquartered?

The Devashola Nilgiri Tea Estates Company Limited is headquartered at 14Clovelley East Coonoor, Nilgiris, Tamil Nadu, 643101.

When was The Devashola Nilgiri Tea Estates Company Limited incorporated?

The Devashola Nilgiri Tea Estates Company Limited was incorporated on 07 February 1929.

Who are the current directors of The Devashola Nilgiri Tea Estates Company Limited?

The current directors of The Devashola Nilgiri Tea Estates Company Limited are

What is the primary industry of The Devashola Nilgiri Tea Estates Company Limited?

The primary industry of The Devashola Nilgiri Tea Estates Company Limited is Accommodation And Food Service.

Is The Devashola Nilgiri Tea Estates Company Limited a listed company?

The Devashola Nilgiri Tea Estates Company Limited is unlisted.

What is the capital structure of The Devashola Nilgiri Tea Estates Company Limited?

The authorized capital of The Devashola Nilgiri Tea Estates Company Limited is ₹1.00 Cr, and the paid-up capital is ₹2.40 M.

What is the compliance status of The Devashola Nilgiri Tea Estates Company Limited?

The compliance status of The Devashola Nilgiri Tea Estates Company Limited is Compliant.

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