Company Research Report: Goodricke Group Limited
Company Overview
- Name: Goodricke Group Limited
- Mission: Committed to producing the finest teas, while focusing on the betterment of workers and sustainability.
- Founded: 14th June 1977
- Founders: No specific founders mentioned; formed by the amalgamation of eight Sterling Tea Companies.
- Key People:
- Mr. Stephen Charles Buckland (Chairman)
- Mr. Arun Narain Singh (Executive Vice Chairman & Managing Director cum CEO)
- Mrs. Susan Ann Walker (Non Executive Women Director)
- Dr. Rupali Basu (Independent Women Director)
- Mr. Saurav Adhikari (Independent Director)
- Mr. Soumen Mukherjee (Director of Finance)
- Mr. Monojit Dasgupta (Independent Director)
- Mr. Srikumar Menon (Independent Director)
- Headquarters: 14, Gurusaday Road, Kolkata - 700 019, West Bengal, India
- Number of Employees: Approximately 24,466 (as of 2014)
- Revenue: Sales amounted to Rs. 6,001.63 million in 2014
- Known For: Iconic Darjeeling tea gardens and a broad range of tea products
Products
1. Bulk Teas
- Black, Green, CTC, and Blended teas
- Known for top quality from iconic gardens in Darjeeling, Assam, and Dooars.
- Main clients include tea houses worldwide.
2. Instant Teas
- Variations: Hot water soluble (HWS) and cold water soluble (CWS) instant teas.
- Instant Black Tea: Suitable for making “Ice Tea” premixes and “Ready to Drink” preparations.
- Instant Darjeeling Tea: Retains the original aroma of the orthodox Darjeeling tea.
- Instant Green Tea: Rich in antioxidants.
- Instant Oolong Tea: Accepted for its unique Oolong flavor.
3. Brands
- Offers single estate teas and blends known for their strong heritage and quality.
- Popular brands from the iconic gardens in Darjeeling.
Key Features
- Uses sustainable and environmentally friendly practices.
- Certified by multiple international standards such as FairTrade, UTZ certification, and FSSC 22000.
Recent Developments
- New Products Launched:
- No specific recent product launches mentioned.
- New Features Added:
- Innovations in instant teas with patents for HWS and CWS varieties registered in multiple countries.
- New Partnerships:
- No information is available on new partnerships.
Sustainability and Corporate Responsibility
- Sustainability Initiatives:
- Certified organic products and gardens compliant with rigorous certification standards.
- 19 gardens included in the Ethical Tea Partnership.
- Corporate Social Responsibility:
- Focuses on healthcare, education, and social upliftment for garden workers.
- Ensures clean drinking water and subsidized housing for workers.
- Large-scale tree planting for environmental conservation.
Contact Information
- Registrars & Share Transfer Agents:
- C B Management Services (P) Ltd.
- Kolkata -700001
- Email: rta@cbmsl.com
- Head Office Contact:
- Telephone: +91-33-22873067, 22878737, 22871816
- Email: goodricke@goodricke.com
This report summarizes the available information about Goodricke Group Limited, focusing on their operational highlights, product offerings, and recent developments in sustainability and corporate social responsibility.
