Asian Tea & Exports Overview
Fundamentals of Asian Tea & Exports
|P/E Ratio (TTM)||21.79|
|Debt to Equity||0.43|
Financials of Asian Tea & Exports
|Sep 2022||Dec 2022||Mar 2023||Jun 2023|
|Profit before tax||0.94||0.31||-0.58||0.54|
|EPS in Rs||0.46||0.15||-0.27||0.27|
About Asian Tea & Exports
Asian Tea & Exports (ATEL) was originally incorporated as Sita Plantations Pvt Ltd. The company was converted into a Public Limited Company. The name of the company was changed to Asian Tea and Export ... s Limited and a fresh certificate of Incorporation was obtained. The Promoters have set up a tea plantation covering an area of 100 hectares (250 acres) of agricultural land in the Sathkamar and Kukurjan villages of Rajganj Block in the Jalpaiguri District of West Bengal. The land was acquired between November '89 and November '90 and the plantation commenced in May, 1991. The age of the tea bushes already planted vary from 3 years and below. The total investment as upto June 15, 1994 has been Rs. 170.00 lacs. It had acquired additional agricultural land of 250 hectares for development and tea plantation. It will also set up a Processing Unit for manufacture of 11 lac kgs of made tea. During 1996-97, company has yet not received the requisite NO Objection Certificate from the state government of West Bengal for setting up the manufacturing unit at the Tea Estate. Read More
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