What we do Goodricke Group Ltd is a leading Indian tea manufacturer and cultivator with multiple estates across West Bengal and Assam, selling bulk and branded tea domestically and internationally. |
Founded in 1,977 |
Market share Strong presence in Indian tea market with expanding international footprint, particularly in instant tea exports and branded tea segments. |
Problem solved Addresses demand for quality tea by producing diverse tea products while managing climatic and labor challenges in tea cultivation. |
Top clients or who we serve Serves consumers, retailers, and bulk buyers across domestic and global markets; B2B and B2C focus. |
Key management Shaibal Dutt, Managing Director & CEO (appointed 2025) with top leadership experience. |
Our journey and innovations Acquisitions expanded plantation area notably in Darjeeling; pioneered organic and Fairtrade certifications; introduced new brands and modernized processing facilities. |
Where we operate Primarily India (West Bengal, Assam) with export markets globally; ventures in Nepal and planned expansions in Darjeeling. |
Top products or what we offer Bulk tea, Instant Tea, branded packet teas like 'Goodricke Gold' and 'Goodricke Khaass', and newly launched tea retail outlets. |
Top brands Goodricke Gold - market recognized, Goodricke Khaass - premium brand; Instant Tea - fastest growing export product. |
Raw materials needed Tea leaves from company-owned estates and bought-leaf factories. |
Raw materials supplier Company's own estates plus small tea growers in India. |
Recurring vs cyclical contribution Revenue has seasonality and cyclical elements tied to tea production volumes and global demand fluctuations. |
Our industry position Among the leading organized tea companies in India with certifications and strong export growth. |
Financial highlights FY 2024-25 revenues of ₹929.44 crore, profit of ₹20.06 crore, showing recovery and growth after prior challenges. |
Geographical revenue split India contributes approximately 80% of revenues; international markets 20%. |
Order book - |
Whats driving growth Rising instant tea exports, growth in branded tea volume, operational resilience amid climatic adversity. |
Our future plans Expanding hospitality ventures, increasing organic plantations, further sustainability projects and solar power initiatives. |
Our green promise Commitment to afforestation, water conservation, organic cultivation, Rainforest and Fairtrade certifications, and renewable energy use. |
Our people and values Over 21,000 employees, focus on gender-friendly workplace and employee engagement for sustainable growth. |
Key challenges ahead Climatic volatility, labor shortages, input cost inflation, and competition from unorganized sectors. |
Interesting facts Owns some of the first organic and Fairtrade certified gardens in Darjeeling; first solar power unit commissioned in Assam garden. |
Risks and strategy Weather and labor dependency mitigated by irrigation investments, quality focus, and diversification into retail and hospitality. |
