- CEO
- Somnath Chatterjee
- Full Time Employees
- 4,386
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- 113, Park Street Kolkata WB India 700016
- IPO Date
- Jan 1, 1990
- Business
- B & A Limited (BNALTD.BO), the flagship company of the B&A Group and a BSE-listed entity originally incorporated as Barasali Tea Company in 1915 and acquired by the late Hemendra Prasad Barooah in 1950, engages primarily in the cultivation, manufacturing, and sale of premium CTC black tea from its nine tea estates in upper Assam districts of Golaghat, Jorhat, Sibsagar, and Sangsua, encompassing 2,194 hectares; the estates include Barasali, Gatoonga, Kuhum, Mokrung, Salkathoni, Samaguri, Sangsua, and the recently acquired Moheema, with five processing facilities at Gatoonga, Salkathoni, Mokrung, Sangsua, and Moheema boasting an annual installed capacity of 10 million kg, producing around 5.2 million kg annually sold via auctions and private contracts at premiums over industry averages due to superior quality from favorable agro-climatic conditions and regular replantation; the company also manufactures paper sacks and flexible laminates through subsidiaries like B&A Packaging India Limited for sectors including tea, chemicals, starch, and food; additionally, it offers retail packaged non-blended black tea under the Gatoonga brand, launched on March 31, 2024, initially in Assam with plans for pan-India expansion leveraging the estate's top rankings in all-India CTC auction price realizations. Headquartered in Kolkata with operations concentrated in Assam, B & A Limited targets domestic tea buyers, blenders, and consumers while serving packaging needs across Indian industries. In its latest major development, the company acquired Moheema Tea Estate in Golaghat from Dhaneswari Wood Products Limited in January 2024 for approximately Rs 27 crore, partly funded by a Rs 17.52 crore term loan, enhancing production capacity with 400,000 kg expected in FY25 (half achieved in H1FY25) and contributing Rs 15 crore in additional revenue amid improved H1FY25 profitability margins of 24% from optimized leaf sourcing; this follows CARE Ratings' removal of rating watch with developing implications in December 2024, reaffirming CARE BBB+ Stable ratings reflecting stabilized post-acquisition cash flows despite moderated FY24 margins from wage revisions and crop challenges.