ABOUT THE BORMAH JAN TEA COMPANY (1936) LIMITED
THE BORMAH JAN TEA COMPANY (1936) LIMITED is the producer of Tea leaves. The company has two tea gardens in Assam, namely, Bormahjan Tea Garden and Ouphulia Tea Garden.
The company is constantly improving its production quality by undertaking sound agricultural formalities. The factories in both the gardens are large and equipped with the latest machinery in each department.
The shareholders of the company had approved the scheme of amalgamation of the company with Teesta Valley Tea Company Limited in March 2018. The same is pending before NCLT for a final order.
The Equity Shares of THE BORMAH JAN TEA COMPANY (1936) LIMITED are listed on Calcutta Stock Exchange Limited.
04 March 1936
Category/Sub-category of the Company
A Company having Share Capital
Address of the Registered office and contact details
3, Netaji Subhas Road, Kolkata – 700 001
Tel. – 033 22483585
Name, Address and Contact Details of
Registrar and Transfer Agent, if any
Maheshwari Datamatics Private Limited,
23, R.N. Mukherjee Road, Kolkata – 700 001
Tel. 033 22435029, 22482248
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
Name and Description of main products/services
NIC Code of the product/service
% to the total turnover of the Company
Growing and Manufacturing of Tea
BOARD OF DIRECTORS
Bharat Bajoria (Managing Director)
Radhey Kant Dixit
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
THE BORMAH JAN TEA COMPANY (1936) LIMITED does not have any subsidiary or associate company.
THE BORMAH JAN TEA COMPANY (1936) LIMITED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Last Traded Price:
Rs. 10.00 Crore
(As on 31-09-2020)
Number of shares
% of total Shares of the company
The Indian tea market is expected to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor. Tea is an aromatic beverage prepared by infusing dried and crushed leaves of the Camellia Sinensis plant in boiling water. Some of the commonly available variants include white, black, herbal, green, and oolong tea, which is primarily cultivated in the hilly regions of Assam, West Bengal, Tamil Nadu, Kerala, Tripura, Arunachal Pradesh and other states. Tea is a rich source of polyphenols, caffeine, antioxidants, and minerals, such as potassium, manganese, magnesium, and calcium. Regular consumption of tea can aid in minimizing the damage caused by free radicals in the body, reduce cholesterol levels in the blood and facilitate healthy weight management. It is usually stored and distributed in plastic containers, paper packaging, bags, and aluminum tin boxes.
Significant growth in the food and beverage industry is one of the key factors creating a positive outlook for the market. India is among the largest producers and consumers of tea across the globe and tea has emerged as one of the most cost-effective and healthy beverages. Moreover, the increasing consumer preference for premium and packaged tea brands is providing a thrust to the market growth. Tea manufacturers are using multi-layered packaging to store and distribute tea and minimize the instances of adulteration, spoilage, and maintain the fragrance and freshness of the tea leaves. In line with this, growing consumer awareness regarding the health and medicinal benefits of organic and green tea variants is also contributing to the market growth. There are a shifting preference toward novel fruit, herbal and other specialty varieties that aid in relaxation, reducing anxiety, and minimizing the risks of developing chronic medical ailments. Other factors, including rising expenditure capacities of the consumers, along with the proliferating online retail channels, are anticipated to drive the market toward growth.
FINANCIALS AT GLANCE
Standalone Profit and Loss Statement as of 31 March 2021 (Amounts in Lakhs)
Revenue from Operations
Profit before tax
Tax Expense I Current Taxes
Income tax for earlier years
EPS( in Rs.)
Standalone Balance Sheet as of 31 March 2021 (Amounts in Lakhs)
Property, plant, and equipment
Capital work in progress
Other Non-current Financial Assets
Other Non-current assets
Total non-current assets
(i) Trade receivables
(ii) Cash and cash equivalents
Other bank balances
Other Financial assets
Current Tax assets
Other current assets
Total current assets
EQUITY AND LIABILITIES
Equity share capital
Long Term Borrowings
Deferred tax Liability (net)
Total non-current liabilities
(ii) Trade payables
Other current liabilities
Total current liabilities
Total equity and liabilities
PERFORMANCE OF THE COMPANY
During the year 9,68,919 Kg of tea was manufactured as against 11,63,205 Kg in the previous year. During the year under review, the production of the company was lower as comparison to the previous year due to the pandemic and also because of unfavorable weather conditions.
But on the revenue and profitability front company has improved its performance as revenue has increased by 19% in the current year and also profit margin has come out to be positive 1.39% as against -8.42% last year.
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