Williamson Magor & Company
Williamson Magor & Company Limited is a Kolkata-based, publicly listed Indian holding company and registered NBFC that holds strategic equity stakes in four Williamson Magor Group companies across tea, batteries, and engineering sectors.
- Company typePublic
- Founded1949
- HeadquartersCalcutta, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Williamson Magor & Company does
Williamson Magor & Company Limited is a publicly listed Indian holding company registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India since 31 March 2003. Originally incorporated in 1949 as Macneill & Barry Limited, the company traces its operating lineage to 1866 and was historically part of the Williamson Magor Group, which at one point became the world's largest private tea producer following the 1987 acquisition of the Guthrie family tea estates. Since 1998, the company has operated as a pure Investment and Group Shareholding Company, with no operating business of its own.
The company's core function is holding strategic equity stakes in operating group companies, including McLeod Russel India (tea), Eveready Industries India (batteries and lighting), Kilburn Engineering, and McNally Bharat Engineering (EPC). It is listed on BSE, NSE, the Calcutta Stock Exchange (CSE), and the Gauhati Stock Exchange, with shares trading under the symbol WILLAMAGOR. The board includes multiple directors under the historical influence of the Khaitan family, which has been associated with the group since 1961.
The business model is that of a passive holding company: revenue derives from dividends, interest, and changes in the value of investments in portfolio companies, rather than from selling products or services. With 1-10 employees and a registered office at Four Mangoe Lane, Kolkata, the company functions primarily as a governance and capital-allocation vehicle for the Williamson Magor Group's cross-holdings, with periodic regulatory engagement with stock exchanges and the RBI.
Williamson Magor & Company firmographics
Firmographics- Name
- Williamson Magor & Company
- Legal name
- Williamson Magor & Co. Limited
- Website
- https://wmtea.com
- Company type
- Public
- Founded year
- 1949
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Williamson Magor & Company Limited is a Kolkata-based, publicly listed Indian holding company and registered NBFC that holds strategic equity stakes in four Williamson Magor Group companies across tea, batteries, and engineering sectors.
- Ownership category
- akta.pro rank
Williamson Magor & Company industry classification
Industry- Product category
- Investment Holding / NBFC Services
- NAICS
- All Other Financial Investment Activities (52399), Management of Companies and Enterprises (55111)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Middle-Market Lending (FSANADAI)
Keywords
Where Williamson Magor & Company is headquartered
LocationHeadquarters
- HQ city
- Calcutta
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Williamson Magor & Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Others
Revenue model
- Investment Returns and Dividend Income: As a pure Investment and Group Shareholding Company, the company generates revenue through returns on investments in group companies including McLeod Russel India Limited, Eveready Industries India Limited, Kilburn Engineering Limited, and McNally Bharat Engineering Company Limited, as well as lending of funds.
Marketing channels3 records
Williamson Magor & Company product offering
Product offeringCore offering
Williamson Magor & Co. Limited is a pure Investment and Group Shareholding Company registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India. Its core business involves holding substantial equity investments in group companies (including McLeod Russel India Limited, Eveready Industries India Limited, Kilburn Engineering Limited, and McNally Bharat Engineering Company Limited) and lending of funds to group entities. The company does not offer consumer-facing financial products or technology services.
Product overview
Williamson Magor & Co. Limited is a pure Investment and Group Shareholding Company registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India since 31st March 2003. The company primarily engages in investments and lending of funds, holding substantial investments in group companies including McLeod Russel India Limited, Eveready Industries India Limited, Kilburn Engineering Limited, and McNally Bharat Engineering Company Limited. The company is listed on the Bombay Stock Exchange, National Stock Exchange of India, and Calcutta Stock Exchange. It owns a ten-storey building at Four Mangoe Lane, Kolkata 700001, which serves as its corporate headquarters. The company does not offer any distinct technology products or SaaS offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Holding and Group Shareholding
- NBFC Fund Lending
Companies that use Williamson Magor & Company
Customer profileSegments1 record
Ideal customer profiles1 record
Williamson Magor & Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Williamson Magor & Company partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- McLeod Russel India LimitedcoreGroup company in which Williamson Magor holds substantial investments. McLeod Russel India Limited is part of the tea plantation business that was historically the core of the Williamson Magor Group.
- Eveready Industries India LimitedcoreGroup company in which Williamson Magor holds investments as part of its diversified group shareholding portfolio.
- Kilburn Engineering LimitedcoreGroup company within the Williamson Magor Group investment portfolio, receiving investment and group shareholding support.
- McNally Bharat Engineering Company LimitedcoreGroup company in which Williamson Magor holds investments as part of its NBFC and investment business operations.
- HDFC Bank Ltd.minorOne of the bankers for Williamson Magor & Company, providing banking services.
- ICICI Bank Ltd.minorOne of the bankers for Williamson Magor & Company, providing banking services.
- Standard Chartered BankminorOne of the bankers for Williamson Magor & Company, providing banking services.
- V. Singhi & Associates (Chartered Accountants)coreStatutory auditors of Williamson Magor & Company, providing audit and financial reporting services.
Scale indicators3 records
Recent moves12 records
Expansion highlights3 records
Williamson Magor & Company competitors and assessment
Company assessmentDirect peers
- Tata Investment Corporation Limited: Tata Investment Corporation is an Indian listed investment holding company that holds stakes across Tata Group companies, with charter similar to Williamson Magor (holdco investing in group entities). Both entities function as listed holding arms of larger conglomerates.
- Welspun Investments and Commercials Limited: Welspun Investments is a small-cap Indian listed holding company that holds and manages equity investments in group companies. Highly comparable to Williamson Magor's structure as a publicly listed holdco with concentrated group-company portfolio.
Broad incumbents
- LIC Housing Finance Limited: LIC Housing Finance is a major Indian NBFC providing home loans. Comparable NBFC regulatory status under RBI and similar listed small-cap-to-mid-cap profile, though supported by LIC parentage.
- Mahindra & Mahindra Financial Services Limited: Mahindra Finance is a large Indian NBFC focused on rural and vehicle financing. Comparable as a group-affiliated NBFC with listed status, though operations are vastly larger and more diversified than Williamson Magor.
- Bajaj Finance Limited: Bajaj Finance is one of India's largest NBFCs, providing consumer and SME lending. Comparable as an RBI-regulated NBFC, though operates at vastly larger scale and serves third-party borrowers rather than group entities.
- Cholamandalam Investment and Finance Company Limited: Cholamandalam is a major Indian NBFC (part of Murugappa Group) providing vehicle finance, home loans, and SME lending. Comparable NBFC business model with RBI license, but broader third-party operations.
- Power Finance Corporation Limited: Power Finance Corporation is a large government-owned Indian NBFC focused on infrastructure lending. Comparable NBFC regulatory status, though at sovereign scale with very different risk profile.
- REC Limited: REC is a major Indian NBFC providing power sector financing. Comparable NBFC structure under RBI regulation, but operates as a much larger government-affiliated infrastructure financier.
- HDFC Limited (now HDFC Bank): HDFC was India's largest housing finance NBFC before merger with HDFC Bank. Comparable as a top-tier Indian NBFC with strong group backing, though at vastly greater scale and with focus on housing finance.
Others
- UTI Asset Management Company Limited: UTI AMC is an Indian listed asset management company that manages pooled investment funds. Adjacent comparability as a financial-services listed entity managing investment portfolios, though the business model is fund management rather than direct holdco investing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Williamson Magor & Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Williamson Magor & Company leadership team
Management profileNumber of profiles
Profiles10 records
Williamson Magor & Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Williamson Magor & Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Williamson Magor & Company
What does Williamson Magor & Company do?
Williamson Magor & Co. Limited is a pure Investment and Group Shareholding Company registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India. Its core business involves holding substantial equity investments in group companies (including McLeod Russel India Limited, Eveready Industries India Limited, Kilburn Engineering Limited, and McNally Bharat Engineering Company Limited) and lending of funds to group entities. The company does not offer consumer-facing financial products or technology services.
Is Williamson Magor & Company a public or private company?
Williamson Magor & Company is a public company. It is classified as public and is currently operating.
When was Williamson Magor & Company founded?
Williamson Magor & Company was founded in 1949. It employs 1 to 10 people.
Where is Williamson Magor & Company based?
Williamson Magor & Company is headquartered in Calcutta, India, in the Asia region.
How does Williamson Magor & Company make money?
One revenue line is on record: investment Returns and Dividend Income.
Who are Williamson Magor & Company's main competitors?
Direct peers on record are Tata Investment Corporation Limited and Welspun Investments and Commercials Limited. Broad incumbents are LIC Housing Finance Limited, Mahindra & Mahindra Financial Services Limited, Bajaj Finance Limited, Cholamandalam Investment and Finance Company Limited, Power Finance Corporation Limited, REC Limited and HDFC Limited (now HDFC Bank). UTI Asset Management Company Limited is listed as an others.
Does Williamson Magor & Company have an API?
No public API is recorded for Williamson Magor & Company.
What industry is Williamson Magor & Company in?
Williamson Magor & Company's product category is Investment Holding / NBFC Services. Its primary akta.pro industry code is FSANADAI, Middle-Market Lending. Its NAICS code is 52399 and its SIC code is 6799.