About The Peria Karamalai Tea & Produce Company Limited

The Peria Karamalai Tea & Produce Company Limited is a public limited company domiciled in India and incorporated under the Companies Act, 1956. The Company is primarily engaged in the production and distribution of tea, generation and distribution of power, and investment in financial instruments. Its registered office is located in Kolkata, with its head office in Coimbatore and a corporate office in Hyderabad. The Company’s tea estates are concentrated in Valparai, Tamil Nadu, comprising Karamalai, Akkamalai, Vellamalai, and Nadumalai estates. Its renewable energy assets include a wind mill located at Aralvaimozhi, Muppandal in Kanyakumari district and a solar power project at Kudipatty village in Madurai district, Tamil Nadu.

The Company is listed on NSE Limited, Mumbai (Scrip Symbol: PKTEA). It employs 1,042 people as of March 31, 2025, reflecting the scale of its operations across estates, factories, and offices. As per the statutory audit annexure for FY 2024-25, the Company does not have any subsidiary. Its product and service offerings span made tea and minor produce from its estates, complemented by renewable power generation from wind and solar assets supplied into the grid. The Company also actively manages a portfolio of financial instruments in line with its stated activities. Estate operations and processing are anchored in Valparai, a traditional tea-growing hub, while renewable energy projects in Kanyakumari and Madurai support energy needs and provide saleable power units.

Key Milestones of The Peria Karamalai Tea & Produce Company Limited

Key milestones include the Company’s long-standing public listing on the NSE and the conduct of its 112th Annual General Meeting in 2025, underscoring a legacy of over a century of operations. The 112th AGM is scheduled for September 20, 2025 at 10:30 A.M. through VC/OAVM, with the Annual Report available on the Company’s website.

The Peria Karamalai Tea & Produce Company Limited Business Verticals

Business Verticals:

• Tea Production and Distribution: Production and sale of made tea and minor produce from estates in Valparai, Tamil Nadu.
• Renewable Power Generation: Wind and solar power generation and distribution into the grid from projects in Kanyakumari and Madurai districts, Tamil Nadu.
• Investment in Financial Instruments: Active management of financial instrument portfolios as part of the Company’s investment activities.

Geographies Covered:

• Registered Office: Kolkata
• Head Office: Coimbatore
• Corporate Office: Hyderabad
• Tea Estates: Valparai, Tamil Nadu (Karamalai, Akkamalai, Vellamalai, and Nadumalai estates)
• Wind Power: Aralvaimozhi, Muppandal, Kanyakumari district, Tamil Nadu
• Solar Power: Kudipatty village, Peraiyur Taluk, Madurai district, Tamil Nadu

The Peria Karamalai Tea & Produce Company Limited operates across three main business segments: tea production and distribution, renewable power generation, and investment in financial instruments. The Company’s tea operations are based in Valparai, Tamil Nadu, where it manages four estates producing made tea and minor produce. Its renewable energy division comprises wind power generation at Aralvaimozhi, Muppandal (Kanyakumari district) and solar power generation at Kudipatty village (Madurai district), with power supplied to the grid. The Company also actively manages a financial investment portfolio. As per the FY 2024-25 statutory audit annexure, the Company does not have any subsidiary.

The Peria Karamalai Tea & Produce Company Limited Key Management

• Lakshmi Niwas Bangur — Chairman
• Alka Devi Bangur — Managing Director
• Shreeyash Bangur — Deputy Managing Director
• Sanjeev Kumar Singh — Chief Executive Officer
• M. Sreenivasan — Chief Financial Officer
• Saurav Singhania — Company Secretary

Latest Updates on The Peria Karamalai Tea & Produce Company Limited

• Operations: In FY 2024-25, the Company produced 25,58,307 kg of made tea (previous year: 28,16,540 kg). The average realisation was Rs. 147.08 per kg (previous year: Rs. 120.32 per kg). Tea sales in the year totalled Rs. 41.58 crore (previous year: Rs. 38.08 crore).
• Renewable energy: Wind mills generated 7,69,450 units (previous year: 19,93,320 units) and the solar plant generated 40,85,495 units (previous year: 43,08,107 units) in FY 2024-25.
• Treasury actions: During the year, the Company availed a short-term loan of Rs. 26 crore for short-term investment purposes, as disclosed in the key ratio explanations.
• Shareholding development (promoter group): Pursuant to a scheme of arrangement among promoter group entities effective from April 1, 2023, 1,21,275 equity shares representing 3.92% of the Company held by a promoter group company were transferred to Maharaja Shree Umaid Mills Limited. Two group companies with related party transactions also merged with the transferee company and ceased to exist from the appointed date.
• Governance and compliance: The statutory auditors reported no audit qualification for FY 2024-25. The Board recorded no material changes and commitments affecting the Company’s financial position between the end of the financial year 2024-25 and the date of the report.