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The Grob Tea Company Ltd. (India)

Main Activities: All Other Miscellaneous Crop Farming | Coffee and Tea Manufacturing
Full name: The Grob Tea Company Ltd. Profile Updated: April 18, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Grob Tea Company Ltd. is an India-based company located in Kolkata. It was incorporated on January 7, 1895. The company was previously part of M/s. Octavius Steel & Co. Ltd., a renowned agency. The company owns five tea gardens, namely Doyang, Dessoie, Kanu, and Teen Ali Tea Estates, located in the tea-producing belt of Assam, as well as Pathemara Tea Estate in the Happy valley circle of Cachar District of Assam. These gardens cover a total area of 4236.07 hectares and have 2332.71 hectares of lush tea plantation, with a capacity to produce 40 Lacs kgs of premium Assam tea. In 2009, the company was acquired by the Rawalwasia group, a diversified entity with interests in telecom, hospitality, and polypacks. The group invested heavily in modernizing the tea plantation and manufacturing facility, constantly upgrading the plantation and factory to meet the changing demands of the market. The company's crop production increased from 32 Lacs kgs to 40 Lacs kgs per annum. The company also acquired Martycherra Tea Estate from Parry Agro Industries Ltd. in January 2015, further enhancing its crop and manufacturing capacity by over 7 Lacs kgs. The company aims to grow in the plantation business through consolidation and modernization of its existing tea plantation. The Grob Tea Company Ltd. is engaged in the cultivation, manufacture, and sale of tea, as well as the trading of LED street lights. Its tea estates are located in Assam, India. The company is classified as a non-government company and is registered at the Registrar of Companies in Kolkata. Its authorized share capital is Rs. 30,000,000, and its paid-up capital is Rs. 11,623,300. The company is involved in legal, accounting, bookkeeping, and auditing activities, tax consultancy, market research, public opinion polling, and business and management consultancy. The company's Annual General Meeting (AGM) was last held on an unspecified date, and its balance sheet was last filed on March 31, 2022. The directors of The Grob Tea Company Ltd. are Sanjay Kumar Agarwal, Mukesh Kumar Agarwal, Pradeep Kumar Agarwal, Indra Agarwal, Niraj Kumar Harodia, and Nirmal Kumar Goyal. The company's Corporate Identification Number is L74110WB1895PLC000963, and its registration number is 963. The company's email address is info.grob@rawalwasia.co.in, and its registered address is "HAUTE STREET" 9TH FLOOR, 86A, TOPSIA ROAD KOLKATA WB 700046 IN. The current status of The Grob Tea Company Ltd. is active.

Legal Address
"HAUTE STREET",, 9th Floor, 86A, Topsia Road
Kolkata; West Bengal; Postal Code: 700046

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Website: http://www.grobtea.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 01, 1970
Key Executives
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Chief Executive
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Executive Director
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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74.99%
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13.59%
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11.36%
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0.06%
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Company Performance
Financial values in the chart are available after The Grob Tea Company Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-5.4%
Total operating revenue
-5.4%
Operating profit (EBIT)
-30.8%
EBITDA
-23.24%
Net Profit (Loss) for the Period
-25.82%
Total equity
0%
Operating Profit Margin (ROS)
-5.18%
Net Profit Margin
-4.55%
Return on Equity (ROE)
-418.97%

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