ABOUT INOX LEASING AND FINANCE LIMITED
INOX LEASING AND FINANCE LIMITED is a part of INOX Group. INOX Group is a diversified Conglomerate of India comprising of activities including Manufacturing Industrial gases, Fluorochemicals, Cryogenic Equipment, LNG Storage & Distribution Equipment, and Wind Turbines & Renewable Energy. The group is also the owner of India’s fastest-growing multiplex chains.
Inox Leasing and Finance Limited is engaged in the business of financial services, investment in securities, bonds, mutual funds, and also acts as a broker for mutual funds. However, the primary business of The Inox Leasing And Finance Limited is to act as a finance company for industrial, commercial, and business operation by means of loans, hiring and hire purchase, leasing, dealing in shares, and securities.
17th February 1995
Category/Sub-category of the Company
Public Limited Company
Address of the Registered office and contact details
69, Jolly Maker Chambers 2, Nariman Point,
Mumbai - 400021
Tel: +91 40323195
E-mail address: email@example.com
Name, Address and Contact Details of
Registrar and Transfer Agent, if any
Share transfer-related activities are carried out In -house by the Company.
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
Name and Description of main products/services
NIC Code of the product/service
% to total turnover of the Company
BOARD OF DIRECTORS
D.K. Jain (Chairman)
P.K. Jain (Managing Director)
V.K. Jain (Director)
Siddharth Jain (Director)
Devansh Jain (Director)
PARTICULARS OF SUBSIDIARY COMPANIES
Name of the Company
% of shares held
Gujarat Fluorochemicals Limited
INOX LEASING AND FINANCE LIMITED UNLISTED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Last Traded Price
Rs. 949.38 Crore
(As on 31-03-2020)
Number of shares
% of total Shares of the company
India’s financial services sector is very diversified and comprises various entities such as commercial banks, insurance companies, co-operatives, mutual funds, non-banking financial companies (NBFCs), and other various entities. The share of NBFCs is continuously growing in the financial services industry. As per RBI, NBFCs have outperformed Scheduled Commercial Banks (SCBs) in terms of growth in advances and in asset quality. It is expected that the NBFCs will grow their share in the financial services sector in near future.
The FY 2020 has been one of the most eventful and challenging years that the financial services industry has experienced. The Outbreak of the COVID 19 pandemic across the globe and in India has contributed to a significant decline and volatility in the global and Indian Financial markets and a slowdown in economic activities. Since the duration and magnitude of COVID 19 are still uncertain, it will affect the plans of this industry for FY 2021.
According to ICRA, a rating agency, the NBFC industry is likely to face asset quality pressure in the short term. However, the majority of the NBFC industry will withstand any stress as their collection capacity is improving. Moreover, their balance sheets mention that they are maintaining sufficient liquidity for tackling emergencies.
RBI has announced various measures, as a part of the response to the economic challenge faced by the NBFC industry, to aid the liquidity crisis in the system and to make NBFC work easier. RBI has introduced the Liquidity Coverage Ratio requirement for all types of NBFCs with an asset size of Rs.5,000 Crore.
PROFIT & LOSS STATEMENT OF INOX LEASING AND FINANCE LIMITED (In Rs. Crores)
Revenue from Operations
Profit before Exceptional items and Tax
Profit After Tax (PAT)
Less: share of minority interest
Add: Share in profit of associate
BALANCE SHEET OF INOX LEASING AND FINANCE LIMITED (In Rs. Crores)
31st March 2020
31st March 2019
NON CURRENT ASSETS
Deferred tax assets
Long Term Loans & Advances
Other non-current assets
Assets classified as held for sale
TOTAL NON CURRENT ASSETS
Cash and cash equivalents
Other current assets
Current tax assets
TOTAL CURRENT ASSETS
Assets held for sale
Reserves and surplus
NON CURRENT LIABILITIES
Long Term Borrowings
Other long-term liabilities
Long Term Provision
TOTAL NON CURRENT LIABILITIES
Other Current Liabilities
Short Term Provision
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (final + interim) (In Rs.)
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company decreased by 6.47% from Rs. 5,619.21 crore in FY 2019 to Rs. 5,255.77 crore in FY 2020.
EBITDA of the company decreased significantly by 43.19% from Rs. 1,207.92 crore in FY 2019 to Rs. 686.19 crore in FY 2020. EBITDA margins of the company 21.5% in FY 2019 to 13.06% in FY 2020. The operational costs in FY 2020 increased mainly because of ‘Material Extraction and Processing Cost’.
Net profit of the company fell 83.75% from Rs. 696.34 crore in FY 2019 to Rs. 113.18 crore in FY 2020.
The current Ratio of the company as of 31st March 2020 was 1.02.
The debt to Equity Ratio of the company as of 31st March 2020 was 0.31.
The company has consistently paid dividends to its shareholders. It has paid a dividend of Rs. 20 per equity share for FY 2020.
The book value per equity share of the company as of 31st March 2020 was Rs. 7,309.09.
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