Bansisons Tea Industries Ltd

Bansisons Tea Industries Ltd: Financial Highlights & Key Updates 📊

- Paid-up capital remained steady at Rs. 61,975,500 for both 2021 and 2020.

- Reserves & surplus deficit improved from Rs. 2,049,745 (2020) to Rs. 1,261,093 (2021).

- Current liabilities rose from Rs. 948,181 (2020) to Rs. 1,483,188 (2021).

- Non-current assets (PPE) saw a slight dip from Rs. 59,484,724 (2020) to Rs. 60,489,826 (2021).

- Profit before tax swung to Rs. 928,652 in 2021 from a loss of Rs. 179,652 in 2020.

- Tax expenses: Rs. 140,000 (2021) vs. tax benefit of Rs. 940 (2020).

- Net cash from operations rose to Rs. 346,908 (2021) from Rs. 126,102 (2020).

- No IPO/FPO funds raised during the year.

- No fraud reported; internal financial controls were effective.

- Secretarial audit flagged minor shareholding discrepancies.

- Fixed assets verified with no material discrepancies.

- No outstanding statutory dues; regular in depositing undisputed amounts.

- No long-term/derivative contracts with material losses.

- Related-party transactions compliant with Companies Act, 2013.

- FY 2020-21 results: Revenue at Rs. 15,00,000, PBT at Rs. 9,28,652, PAT at Rs. 7,88,652.

- No dividend declared to strengthen finances.

- Authorized Share Capital: Rs. 6,50,00,000 (65,00,000 equity shares of Rs. 10 each).

- 10 Board Meetings held in FY 2020-21.

- Key personnel changes: Resignations of Ms. Anuradha Nahar, Mr. Gopal Mitruka, Mr. Paritosh Ghiraiya; Ms. Nisha Gattani appointed as Company Secretary.

- Statutory Auditor changed from M/s Agarwal Sushil Kumar & Co to M/s R.K. Bihani & Associates & Company.

- Listed on BSE; annual listing fees paid.

- No complaints under Sexual Harassment of Women at Workplace Act, 2013.