Company Overview

B&A Limited, an Assam-based tea plantation and packaging company, reported its financial results for FY2025-26 ending March 31, 2026, alongside notice of its 112th Annual General Meeting.

Financial Performance

Consolidated Results:

  • Revenue from Operations: ₹28,312.26 lakhs (7.1% increase from FY25)
  • Profit/(Loss) before Tax: ₹243.32 lakhs (81.8% decrease from FY25)
  • Net Loss: ₹193.85 lakhs (vs. profit of ₹1,102.49 lakhs in FY25)
  • Earnings per share: Negative ₹12.71 (vs. positive ₹26.58 in FY25)

Standalone Results:

  • Total Income: ₹14,744.45 lakhs
  • Net Loss: ₹883.29 lakhs (vs. net profit of ₹197.35 lakhs in FY25)
  • Earnings per share: Negative ₹28.49

Operational Highlights

Tea Business:

  • Own Leaf Production: 33.36 lakh kg (increase of 2.03 lakh kg)
  • Bought Leaf Production: 12.71 lakh kg (increase of 6.27 lakh kg)
  • Total Sales Volume: 44.38 lakh kg (increase of 8.24 lakh kg)
  • Gatoonga Tea Estate ranked 2nd in all-India CTC auction prices (₹586/kg)
  • Expanded retail business with new brands 'Mokrung' and 'Moheema'

Packaging Subsidiary:

  • B&A Packaging India Limited recorded gross turnover of ₹14,218.81 lakhs
  • Profit before tax of ₹990.09 lakhs (down from ₹1,366.11 lakhs)

Financial Position & Borrowings

Balance Sheet (Consolidated):

  • Total Assets: ₹32,143.08 lakhs
  • Total Borrowings: ₹11,069.87 lakhs (significant increase from ₹6,936.21 lakhs)
  • Secured new term loans totaling ₹2,304 lakhs from Punjab National Bank
  • Interest rates ranging from 7.75% to 8.75% per annum

Segment Performance:

  • Tea Segment: Revenue ₹14,220.79 lakhs; Loss ₹(129.16) lakhs
  • Paper Sacks Segment: Revenue ₹8,656.21 lakhs; Profit ₹737.53 lakhs
  • Flexible Laminates Segment: Revenue ₹5,435.26 lakhs; Profit ₹342.86 lakhs

Corporate Governance & AGM

112th Annual General Meeting:

  • Date: July 30, 2026, at Kaziranga Golf Club Resort, Assam
  • Agenda: Adoption of financial statements, reappointment of directors, ratification of cost auditor remuneration
  • Book Closure: July 24-30, 2026

Board Composition:

  • 12 Directors total (7 Non-Executive Independent, 3 Non-Executive Rotational, 2 Executive)
  • Secretarial audit qualification due to deactivated DIN of director Simeen Hossain

Regulatory Compliance & Other Matters

Related Party Transactions:

  • Significant transactions with Barooahs & Associates Pvt. Ltd. and Buragohain Tea Company Ltd.
  • Purchase of green tea leaf from related parties at contracted prices

Corporate Social Responsibility:

  • CSR expenditure of ₹30.22 lakhs met required amount
  • Activities focused on healthcare, sanitation, education, and poverty eradication

Contingent Liabilities:

  • Income Tax demands under appeal: ₹82.35 lakhs
  • Central Sales Tax: ₹7.75 lakhs

The company faces challenges from increased finance costs, wage inflation, and lower tea prices, resulting in a negative turnaround from the previous profitable year despite revenue growth and operational expansion.