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The Grob Tea Company Limited (GROBTEA)

₹874.10 +1.25% last close, 16 Oct

📊 NSE: GROBTEA 🏢 Tea 📢 Latest filing: 12 Oct 2026 📝 Analysis written: 13 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Grob Tea's revenue was ₹22.9 Cr (+27.0% year on year, +134.3% on the previous quarter), and net profit ₹3.3 Cr (+226.8% year on year); the operating margin was 18.0%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹22.9	+27.0%	+134.3%
Operating profit	₹4.1	—	from loss
Net profit	₹3.3	+226.8%	from loss
EPS (₹)	28.12	+142.2%	from loss
Operating margin	18.0%	—	—

Full quarterly financials → Results calendar →

GROBTEA delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 72.59% of the GROBTEA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 74.07%. That is close to its usual level. Turnover was only ₹1 lakh, so a handful of trades can move this figure.

72.59%Delivery, 16 Oct

74.07%Own 20-session average

1.2×Volume vs its average

₹874.10NSE close · +1.25%

Delivery in the last 5 sessions: 72.9% · 85.0% · 85.7% · 87.2% · 72.6%

Delivery across the market →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Grob Tea Submits Demat Compliance Certificate for Q2 Ended September 30, 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 12 Oct 2026, 11:52 AM

The Grob Tea Company Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the period ended September 30, 2026. The certificate, issued by Registrar and Share Transfer Agent Niche Technologies Private Limited on October 6, 2026, confirms that share certificates received for dematerialisation were duly verified, mutilated, and cancelled. This is a recurring administrative filing that carries no impact on operational performance or financial standing.

Compliance certificate submitted for the quarter ended September 30, 2026
Confirmation received from RTA Niche Technologies Private Limited dated October 6, 2026
Filing made under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on October 12, 2026

💡 No action is required. Investors should monitor upcoming operational updates and the Q2 FY27 financial results.

Grob Tea Subsidiary Bazaloni Group Approves Higher Borrowing & Investment Limits at AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Sep 2026, 02:46 PM

The Grob Tea Company Limited announced the AGM voting outcomes of its wholly-owned subsidiary, M/s Bazaloni Group Limited, held on September 30, 2026. Shareholders approved ordinary business, including adopting FY2026 audited financial statements and reappointing director Mukesh Kumar Agarwal. Additionally, special resolutions were passed approving increases in borrowing limits under Section 180(1)(c), asset charge limits under Section 180(1)(a), and inter-corporate loans/investments under Section 186. The exact quantitative thresholds for these enhanced limits were not disclosed in the filing.

AGM of subsidiary Bazaloni Group Limited held on September 30, 2026, from 02:00 pm to 02:30 pm
Approval granted to increase borrowing limits under Section 180(1)(c) of the Companies Act, 2013 (exact limit not disclosed)
Approved raising limits for loans, guarantees, and investments under Section 186 (exact limit not disclosed)
Redesignated Pradeep Kumar Agarwal as Whole-time Director and approved his remuneration exceeding threshold limits
Appointed Kishan Kumar Kejriwal as Non-Executive Director

💡 Track subsequent disclosures for the exact monetary caps approved for borrowings and investments to evaluate any balance-sheet leverage expansion.

Grob Tea Subsidiary Bazaloni Group Approves Higher Borrowing & Investment Limits at AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Sep 2026, 02:45 PM

AGM of subsidiary Bazaloni Group Limited held on September 30, 2026, from 02:00 pm to 02:30 pm
Approval granted to increase borrowing limits under Section 180(1)(c) of the Companies Act, 2013 (exact limit not disclosed)
Approved raising limits for loans, guarantees, and investments under Section 186 (exact limit not disclosed)
Redesignated Pradeep Kumar Agarwal as Whole-time Director and approved his remuneration exceeding threshold limits
Appointed Kishan Kumar Kejriwal as Non-Executive Director

💡 Track subsequent disclosures for the exact monetary caps approved for borrowings and investments to evaluate any balance-sheet leverage expansion.

The Grob Tea Company to Close Trading Window from October 1, 2026 for Q2 FY27 Results

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 21 Sep 2026, 04:55 PM

The Grob Tea Company Limited has announced the closure of its trading window starting Thursday, October 1, 2026. This closure complies with SEBI (Prohibition of Insider Trading) Regulations for the declaration of un-audited standalone and consolidated financial results for the quarter and half-year ending September 30, 2026. The window will remain shut for designated persons and their immediate relatives until 48 hours after the results are declared. The specific date for the board meeting to approve the results will be communicated at a later date.

Trading window closes on Thursday, October 1, 2026
Applies to financial results for the quarter and half-year ended September 30, 2026
Window to reopen 48 hours after the declaration of financial results
Board meeting date to approve the financial results to be announced in due course

💡 Track the upcoming corporate announcements for the declaration of the board meeting date to approve Q2 FY27 results.

Grob Tea Approves ROC Application to Rectify Form ADT-1 Filing

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 11 Sep 2026, 03:16 PM

The Grob Tea Company Limited held a Board of Directors meeting on September 11, 2026, lasting from 02:00 P.M. to 02:50 P.M. The board approved an application to the Registrar of Companies (ROC), West Bengal, to mark previously filed Form ADT-1 (SRN AC5514425) as defective and submit a revised version with correct details. Director Mukesh Kumar Agarwal was authorized to oversee and submit all related documentation before the ROC. This is purely an administrative statutory compliance filing with zero financial or operational impact.

Board meeting conducted on September 11, 2026, between 02:00 P.M. and 02:50 P.M.
Approved application to ROC West Bengal regarding Form ADT-1 filed under SRN AC5514425
Authorized Director Mukesh Kumar Agarwal (DIN: 00697746) to sign and submit necessary applications and affidavits

💡 Track the regular quarterly financial results and statutory filings; no immediate action or monitoring is necessary for this administrative correction.

Grob Tea Approves ROC Application to Revise Form ADT-1 (SRN AC5514425)

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 11 Sep 2026, 02:58 PM

The Grob Tea Company Limited held a board meeting on September 11, 2026, from 02:00 P.M. to 02:50 P.M. The board approved submitting an application to the Registrar of Companies (ROC), West Bengal, to mark Form ADT-1 (SRN AC5514425) as defective and file a revised version with correct particulars. Director Mukesh Kumar Agarwal (DIN: 00697746) has been authorized to handle all related filings and representations. This is a purely administrative compliance action regarding auditor appointment paperwork.

Board approved application to ROC West Bengal regarding Form ADT-1 filed under SRN AC5514425
Application aims to mark the original Form ADT-1 defective and submit a revised version
Director Mukesh Kumar Agarwal (DIN: 00697746) authorized to submit necessary petitions and documents
Board meeting commenced at 02:00 P.M. and concluded at 02:50 P.M. on September 11, 2026

💡 Track subsequent filings for the completion of the revised statutory auditor appointment filing; no commercial action is required.

Grob Tea's Subsidiary Approves Up to ₹50 Cr Borrowing and Investment Limits

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 03 Sep 2026, 12:41 PM

The Grob Tea Company Limited announced that the Board of its wholly-owned subsidiary, Bazaloni Group Limited, has approved key enabling resolutions subject to shareholder approval on September 30, 2026. These include raising the borrowing limit under Section 180(1)(c) and the investment/loan limit under Section 186 up to ₹50 crore each. Compared to the parent company's net worth of ₹93 crore, this ₹50 crore enabling headroom represents ~53.8%. Additionally, Mr. Pradeep Kumar Agarwal was redesignated as Whole-time Director for a 3-year term ending September 2, 2029.

Subsidiary Bazaloni Group approved borrowing limits under Section 180(1)(c) up to ₹50 Crores
Section 186 limit for loans, investments, and guarantees increased up to ₹50 Crores
Section 180(1)(a) asset charge/undertaking disposal limit approved up to ₹50 Crores
Donation limit under Section 181 approved up to ₹50 Lakhs per financial year
Redesignated Mr. Pradeep Kumar Agarwal as Whole-time Director for a 3-year term (03/09/2026 to 02/09/2029)

💡 Track voting outcomes of the subsidiary's Annual General Meeting on September 30, 2026, and watch for any actual debt drawdowns or capital allocation announcements.

Grob Tea subsidiary Bazaloni Group approves borrowing and investment limits up to ₹50 Cr

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 03 Sep 2026, 12:38 PM

The Grob Tea Company Limited's wholly-owned subsidiary, Bazaloni Group Limited, has approved proposals to increase its statutory borrowing and investment limits up to ₹50 crore each under Sections 186, 180(1)(c), and 180(1)(a) of the Companies Act, 2013. Additionally, it approved donations up to ₹50 lakh per financial year and re-designated Mr. Pradeep Kumar Agarwal as Whole-time Director for a 3-year term starting September 3, 2026. These enabling resolutions are subject to approval by the subsidiary's members at its upcoming Annual General Meeting scheduled for September 30, 2026.

Approved Section 186 limit for loans, guarantees, and investments up to ₹50 crore
Approved Section 180(1)(c) borrowing limit and Section 180(1)(a) asset charge/disposal limit up to ₹50 crore each
Sanctioned donations under Section 181 up to ₹50 lakh in any financial year
Re-designated Mr. Pradeep Kumar Agarwal as Whole-time Director for a 3-year term (September 3, 2026 to September 2, 2029)
Subsidiary's Annual General Meeting scheduled for September 30, 2026, to seek shareholder approval

💡 Track the outcome of the subsidiary's AGM on September 30, 2026, and look for subsequent disclosures on any actual debt drawdown or investments executed under these expanded limits.

Rs 72.16 Cr Acquisition of Bazaloni Group and Q1 FY27 Results

🟢 POSITIVE ⭐ 9/10

M&A 📅 12 Aug 2026, 04:09 PM

The Grob Tea Company reported a 28% YoY increase in Q1 FY27 revenue to Rs 22.86 cr, with net profit rising to Rs 3.27 cr from Rs 1.35 cr. A major strategic milestone was the 100% acquisition of Bazaloni Group Limited for Rs 72.16 cr, completed on July 28, 2026. This acquisition is highly material, representing approximately 77.6% of the company's net worth (Rs 93 cr). Additionally, Independent Director Niraj Kumar Harodia resigned effective August 12, 2026, citing personal reasons.

Completed 100% acquisition of Bazaloni Group Limited for a total investment of Rs 72.16 cr on July 28, 2026
Q1 FY27 Revenue from operations grew 28% YoY to Rs 22.86 cr compared to Rs 17.85 cr in Q1 FY26
Net Profit for the quarter ended June 2026 increased to Rs 3.27 cr from Rs 1.35 cr in the year-ago period
Acquisition value of Rs 72.16 cr is significant against the company's reported net worth of Rs 93 cr
Independent Director Niraj Kumar Harodia resigned effective close of business hours on August 12, 2026

💡 Monitor the integration of Bazaloni Group and its impact on consolidated margins in the upcoming Q2 results. Investors should also note the auditor's qualification regarding the non-provisioning of current and deferred tax for the quarter.

Rs 72.16 Cr Acquisition of Bazaloni Group and Q1 PBT Growth to Rs 3.27 Cr

🟢 POSITIVE ⭐ 9/10

M&A 📅 12 Aug 2026, 04:08 PM

The Grob Tea Company reported a 28% YoY increase in Q1 FY2027 revenue to Rs 22.86 Cr, with Profit Before Tax rising to Rs 3.27 Cr from Rs 1.35 Cr. A major post-quarter development is the 100% acquisition of Bazaloni Group Limited for Rs 72.16 Cr, completed on July 28, 2026. This acquisition is highly material, representing approximately 77.6% of the company's reported net worth of Rs 93 Cr. The board also accepted the resignation of Independent Director Niraj Kumar Harodia and approved inter-corporate deposits for the current fiscal year.

Revenue from operations grew to Rs 22.86 Cr in Q1 FY2027 from Rs 17.85 Cr in Q1 FY2026.
Profit Before Tax improved significantly to Rs 3.27 Cr compared to Rs 1.35 Cr in the same quarter last year.
Completed the acquisition of 100% equity in Bazaloni Group Limited for a total investment of Rs 72.16 Cr.
Statutory auditors issued a qualified opinion due to non-provisioning of current and deferred tax for the quarter, citing the seasonal nature of the tea industry.
Independent Director Niraj Kumar Harodia resigned effective August 12, 2026, citing personal reasons.

💡 Investors should monitor the integration of Bazaloni Group and the impact of this large acquisition on the company's debt-to-equity ratio. The next quarterly results will be crucial to see the first consolidated impact of the new subsidiary.

Rs 72.16 Cr Acquisition of Bazaloni Group and 142% YoY Net Profit Growth in Q1

🟢 POSITIVE ⭐ 9/10

M&A 📅 12 Aug 2026, 04:06 PM

The Grob Tea Company reported a strong Q1 FY27 with revenue rising 28% YoY to Rs 22.86 Cr and net profit jumping 142% to Rs 3.27 Cr. A major strategic development is the completion of the 100% acquisition of Bazaloni Group Limited for Rs 72.16 Cr on July 28, 2026. This acquisition is highly material, representing approximately 77.6% of the company's net worth (Rs 93 Cr). The board also noted the resignation of Independent Director Niraj Kumar Harodia and approved inter-corporate deposits for FY27.

Revenue from operations increased 28% YoY to Rs 22.86 Cr in Q1 FY27 from Rs 17.85 Cr in Q1 FY26
Net profit for the quarter rose to Rs 3.27 Cr, up from Rs 1.35 Cr in the corresponding previous quarter
Completed the acquisition of 100% equity in Bazaloni Group Limited for a total investment of Rs 72.16 Cr
The acquisition value of Rs 72.16 Cr represents 77.6% of the company's reported net worth of Rs 93 Cr
Basic EPS for the quarter improved significantly to Rs 28.12 from Rs 11.65 YoY

💡 Investors should monitor the integration of Bazaloni Group Limited and its impact on consolidated margins in Q2 FY27. It is critical to watch how the company manages its debt levels following this large Rs 72.16 Cr investment.

GROBTEA Approves Rs 10 Cr Related Party Loans and Re-appoints MD at AGM

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 11 Aug 2026, 07:16 PM

The Grob Tea Company Limited received shareholder approval at its AGM for several key leadership and financial items. Mr. Pradeep Kumar Agarwal was re-appointed as Managing Director for a three-year term effective June 2026. Most notably, shareholders approved material related party transactions involving unsecured loans of up to Rs 5 crore each from Banka Enterprises and K L Support (total Rs 10 crore) for business expansion. These loans, carrying interest up to 12%, represent approximately 10.7% of the company's net worth of Rs 93 crore.

Re-appointment of Mr. Pradeep Kumar Agarwal as Managing Director for a 3-year term until June 2029
Approval of unsecured loans up to Rs 5 crore from Banka Enterprises at interest not exceeding 12%
Approval of unsecured loans up to Rs 5 crore from K L Support at interest not exceeding 12%
Appointment of M/s B Nath & Company as Statutory Auditors for a 5-year term until 2030-31
Total RPT loan authorization of Rs 10 crore for the financial year 2026-2027

💡 Investors should monitor the utilization of the Rs 10 crore RPT loans to see if they are deployed toward the company's stated goal of acquiring new tea estates or scaling the LED business.

₹2 Dividend and MD Remuneration Increase Approved at Grob Tea AGM

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 11 Aug 2026, 06:45 PM

The Grob Tea Company Limited concluded its Annual General Meeting on August 11, 2026, with all 11 resolutions passed by the requisite majority. Shareholders approved a dividend of ₹2 per equity share for FY26. Key management decisions included the re-appointment of Mr. Pradeep Kumar Agarwal as Managing Director with an increased remuneration limit. Additionally, material related-party transactions with Banka Enterprises and K L Support were authorized, and two new Independent Directors were appointed.

Dividend of ₹2 per equity share (20% of face value) approved for the financial year ended March 31, 2026.
Total of 11 resolutions passed, including the re-appointment of the Managing Director and approval of material related-party transactions.
946,371 total votes were polled, representing 81.42% of the company's 1,162,330 total shares.
Promoter group holding 871,658 shares voted 100% in favor of all resolutions.
Approval granted for material related-party transactions with Banka Enterprises Private Limited and K L Support Private Limited.

💡 Investors should monitor the dividend payment timeline and watch for future disclosures regarding the specific nature and financial impact of the approved material related-party transactions.

Grob Tea Approves ₹2 Dividend and MD Re-appointment at FY26 AGM

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 11 Aug 2026, 06:31 PM

The Grob Tea Company Limited concluded its Annual General Meeting on August 11, 2026, with all 11 resolutions passed by the requisite majority. Shareholders approved a dividend of ₹2 per equity share (20% of face value) for the financial year ended March 31, 2026. Key management decisions included the re-appointment of Mr. Pradeep Kumar Agarwal as Managing Director with an increased remuneration limit. Additionally, material related-party transactions with Banka Enterprises Private Limited and K L Support Private Limited were ratified.

Dividend of ₹2 per equity share approved for the financial year ended March 31, 2026.
Re-appointment of Mr. Pradeep Kumar Agarwal as Managing Director with an approved increase in remuneration limits.
Approval of material related-party transactions with Banka Enterprises Private Limited and K L Support Private Limited.
Total of 11 resolutions passed, including the appointment of two Independent Directors, Mr. Kishan Kumar Kejriwal and Ms. Nidhi Shah.
Voting conducted among 2,158 total shareholders, with 20 members attending the virtual meeting.

💡 Investors should monitor the company's progress on its ₹250 Cr tea estate acquisition plan and the scaling of its LED division, which previously had nil revenue contribution.

₹2 Dividend and MD Re-appointment Approved at Grob Tea AGM

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 11 Aug 2026, 06:25 PM

The Grob Tea Company Limited concluded its Annual General Meeting on August 11, 2026, with shareholders approving all 11 proposed resolutions. A dividend of ₹2 per equity share (20% of face value) was declared for FY2025-26. Key management decisions included the re-appointment of Mr. Pradeep Kumar Agarwal as Managing Director with an increased remuneration limit, and the approval of material related-party transactions with Banka Enterprises and K L Support Private Limited. The voting saw 100% support from the promoter group, which holds approximately 75% of the company.

Dividend of ₹2 per equity share approved for the financial year ended March 31, 2026
Re-appointment of Mr. Pradeep Kumar Agarwal as Managing Director and increase in his remuneration limit approved
Material Related Party Transactions approved with Banka Enterprises Private Limited and K L Support Private Limited
Total of 946,371 votes polled, representing 81.42% of the total 1,162,330 shares
Appointment of two new Independent Directors, Mr. Kishan Kumar Kejriwal and Ms. Nidhi Shah, ratified

💡 Investors should monitor the company's progress on its stated strategy of acquiring tea estates (up to a ₹250 Cr limit) and the scaling of its LED lighting division, as these will drive future growth beyond routine tea operations.

View All GROBTEA Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The LED division recorded nil revenue in FY2021; tea segment revenue figures for FY2025 are not disclosed in available documents.

Profitability Margins

Interest coverage was 51.55x in H1 FY2022, down from 89.77x in FY2021; Total Debt/OPBDIT was 0.11x in FY2020 compared to 1.40x in FY2019.

Capital Expenditure

The company proposed an increase in investment and loan limits to INR 250 Cr in Nov 2025 to achieve long-term strategic objectives; historical rated amount for facilities was INR 45 Cr.

Credit Rating & Borrowing

ICRA BBB+ (Stable) was reaffirmed in Feb 2021 and withdrawn in April 2022 at the company's request; borrowing powers were proposed for increase via postal ballot in Nov 2025.

⚙️ Operational Drivers

Raw Materials

Tea leaves (representing the primary cost for the tea division); LED components (percentage of total cost not disclosed).

Capacity Expansion

Planned acquisition of new tea estates to expand production capacity; specific current and planned MTPA not disclosed.

📈 Strategic Growth

Growth Strategy

Diversification into LED lights for Government departments and strategic acquisition of additional tea estates to increase premium tea output and market reach.

Products & Services

Premium quality tea, LED lights.

Brand Portfolio

The Grob Tea Company Limited.

New Products/Services

LED lights for Government entities; revenue contribution was nil in FY2021.

Market Expansion

Targeting Government departments for LED supply and expanding the tea estate footprint through debt-funded acquisitions.

🌍 External Factors

Industry Trends

The tea industry is shifting toward premium quality production; the LED sector is driven by Government procurement cycles; the company is positioning itself through diversification.