What we do McLeod Russel India Ltd is the world's largest tea producer, cultivating and manufacturing tea across 33 estates in India, Uganda, and other countries, serving domestic and global markets. |
Founded in 1,998 |
Market share Leading global tea producer with dominant presence in Assam and international markets including UK, Europe, Uganda, and Kenya. |
Problem solved Provides high-quality tea to global markets, supporting sustainable agriculture and community welfare, while addressing biofuel alternatives through Jatropha cultivation. |
Top clients or who we serve B2B focus serving tea wholesalers, exporters, and retail brands worldwide, including markets in India, Europe, Africa, and the Middle East. |
Key management Aditya Khaitan (Chairman & Managing Director) with seasoned experience in tea industry leadership. |
Our journey and innovations Grew via acquisitions turning into the largest global tea company; pioneering sustainable certification and bio-diesel projects with Jatropha cultivation. |
Where we operate India (Assam, West Bengal), Uganda, Kenya, UAE, UK, and historical presence in Vietnam. |
Top products or what we offer Orthodox and CTC black teas, bulk blending services, certified organic and Fairtrade teas, bio-diesel from Jatropha oilseed. |
Top brands - |
Raw materials needed Tea leaves, Jatropha seeds for bio-diesel, agricultural inputs, machinery for tea processing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from cyclical agricultural production and bulk tea sales, subject to climatic and market-price volatility. |
Our industry position World's largest tea plantation company with extensive global reach and certified sustainable production. |
Financial highlights FY24 revenue ₹1185.41 Cr; net loss ₹197.87 Cr impacted by production and operational challenges. |
Geographical revenue split India contributes ~86%, Uganda ~9%, Others including UK and abroad ~5% of revenues. |
Order book - |
Whats driving growth Focus on operational efficiency, sustainable practices, new markets expansion, and resolution of financial stress issues. |
Our future plans Debt resolution engagement ongoing; plans to stabilize operations and resume growth with capex in modernization. |
Our green promise Certified by Rainforest Alliance, Fairtrade, Ethical Tea Partnership, integrating sustainability and community welfare. |
Our people and values Large workforce with social welfare programs including health, education, and gender safety initiatives. |
Key challenges ahead Financial stress, fluctuating tea prices, climate unpredictability, and debt resolution uncertainties. |
Interesting facts Largest tea producer globally; pioneering bio-diesel project using Jatropha; multiple certifications for sustainable tea. |
Risks and strategy Key risks include debt burden and operational losses; strategy focuses on restructuring debts and operational efficiency. |
