BLOSSOM INDUSTRIES LIMITED UNLISTED SHARE
Founded on 10 August 1989, Blossom Industries Public Limited is registered with the registrar of companies in Goa. It has a paid-up capital of Rs. 11,06,75,104 and an authorized share capital of Rs. 15,00,00,000. The Company manufactures and sells TAG beer.
It has a business partnership with United Breweries Limited, India's leading brewer, the company is able to convert a sick unit in Daman into a full-fledged brewery serving reputable beer brands such as King Fisher, Sandpiper, and Zingaro. The Company's in-house beer brands include Bell Bird, which is available in mild and strong varieties, and Bull 9000, which is a premium Strong Beer.
INCORPORATION DETAILS
|
CIN |
U31200DD1989PLC003122 |
|
Registration Date |
10 August 1989 |
|
Company Name |
BLOSSOM INDUSTRIES LIMITED |
|
Email Address |
|
|
Category/Sub-category of the Company |
Company Limited by Shares/ Non - Government Company |
|
Class of Company |
Public Company |
|
Registration Number |
3122 |
|
Address of the Registered office & contact details |
Village Jani Vankad, Mr. Girikrishna Maniar Nani Daman, Daman - 396210 (U.T.) |
|
Listing Status |
Unlisted |
|
Address of the Registrars and Transfer Agents details |
M/s. Link Intime India Pvt. Ltd C 101, 247 Park, L B S Marg, Vikhroli - West, Mumbai – 400 083 |
BOARD OF DIRECTORS
|
S. No. |
Name of Directors |
Category of Directors |
|
1. |
Mr. Satan S. Bharwani |
Chairman Emeritus |
|
2. |
Dr. S. D. Israni |
Chairman & Independent Director |
|
3. |
Mr. Amit Khemani |
Managing Director |
|
4. |
Mr. Vincent Vaz |
Whole-time Director-cum-CFO |
|
5. |
Mr. D. T. Khilnani |
Independent Director |
|
6. |
Padmashree Ms. Lila Poonawalla |
Independent Director |
|
7. |
Dr. P. Kotaiah |
Independent Director |
|
8. |
Mr. P. R. Barpande |
Independent Director |
|
9. |
Mr. Harsh Vardhan Jajoo |
Independent Director |
Principal Business Activities of the Company
|
S. No. |
Name & Description of main products/services |
NIC Code of the Product /service |
% to the total turnover of the company |
|
1 |
Manufacturing and Selling Beer |
11031 |
100% |
SHAREHOLDING PATTERN (As of 31-03-2022)
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1 |
Promoter and Promoters Group |
3,46,84,100 |
94.02% |
|
2 |
Public |
22,07,600 |
5.98% |
|
|
Total |
3,68,91,700 |
100% |
PROFIT & LOSS STATEMENT OF BLOSSOM INDUSTRIES LIMITED (Rs. in Lakhs) (As of 31-03-2020 to 31-03-2022)
|
Particular |
2022 |
2021 |
2020 |
|
REVENUE |
|
|
|
|
Revenue from operations (gross) |
28,354.05 |
25,614.06 |
51,654.84 |
|
Less: Excise duty |
6,619.34 |
5,750.77 |
17,670.12 |
|
Revenue from operations (net) |
21,734.71 |
19,863.29 |
33,984.71 |
|
Other income |
2,488.34 |
1,953.16 |
922.54 |
|
Total Revenue |
24,233.05 |
21,816.45 |
34,907.26 |
|
Expenses: |
|
|
|
|
Cost of materials consumed |
3,014.17 |
2,699.93 |
5,433.16 |
|
Changes in inventories of finished goods and work-in-progress |
(115.06) |
580.55 |
(107.18) |
|
Employee benefits expense |
1,054.73 |
945.62 |
1,088.59 |
|
Finance costs |
1,029.20 |
1,541.87 |
176.59 |
|
Depreciation and amortization expense |
294.35 |
229.46 |
250.86 |
|
Other expenses |
16,257.76 |
14,242.72 |
25,239.74 |
|
Total expenses |
21,53515 |
20,240.15 |
32,081.77 |
|
Profit before tax |
2,687.90 |
1,576.30 |
2,825.49 |
|
Tax expense: |
|
|
|
|
Current tax |
665.00 |
371.00 |
690.00 |
|
Deferred tax |
16.69 |
42.09 |
55.99 |
|
Short/(Excess) provision of tax relating to prior years |
(2.85) |
9.84 |
1.09 |
|
Total Tax Expenses |
678.84 |
422.93 |
747.08 |
|
Profit for the year |
2,009.06 |
1,153.37 |
2,078.40 |
|
Earnings per share: |
|
|
|
|
Earnings per share (Basic) |
5.45 |
3.13 |
5.63 |
|
Earnings per share (Diluted) |
5.45 |
3.13 |
5.63 |
BALANCE SHEET OF BLOSSOM INDUSTRIES LIMITED (Rs. in Lakhs) (As of 31-03-2020 to 31-03-2022)
|
PARTICULARS |
2022 |
2021 |
2020 |
|
EQUITY AND LIABILITIES |
|
||
|
Shareholders’ funds |
|
||
|
Share capital |
1,106.75 |
1,106.75 |
1,106.75 |
|
Reserves and surplus |
16,281.22 |
14,317.97 |
13,164.59 |
|
Total Equity |
17,387.97 |
15,424.72 |
14,271.34 |
|
Non-current liabilities |
|
||
|
Long-term borrowing |
7,446.86 |
9,027.75 |
11,500.00 |
|
Other long-term liabilities |
171.70 |
171.70 |
172.72 |
|
Long-term provisions |
28.89 |
29.64 |
26.87 |
|
Total Non-current liabilities |
7,648.45 |
9,229.09 |
11,699.59 |
|
Current liabilities |
|
||
|
Trade payable |
|
||
|
Dues to micro and small enterprises |
53.20 |
68.81 |
67.26 |
|
Others |
1,092.88 |
481.79 |
3,259.11 |
|
Other current liabilities |
5,852.12 |
4,513.28 |
6,352.28 |
|
Short-term provisions |
41.09 |
45.21 |
49.63 |
|
Total Current Liabilities |
7,039.29 |
5,109.09 |
9,728.28 |
|
TOTAL LIABILITIES |
14,687.74 |
14,338.18 |
21,427.87 |
|
TOTAL EQUITY AND LIABILITIES |
32,075.71 |
29,762.90 |
35,699.21 |
|
ASSETS |
|
||
|
Non-current assets |
|
||
|
Property, Plant, and Equipment |
|
||
|
Tangible assets |
2,787.89 |
2,816.30 |
2,437.83 |
|
Intangible assets |
29.35 |
37.83 |
5.25 |
|
Capital Work-in-Progress |
52.76 |
- |
91.75 |
|
Intangible assets under development |
- |
- |
31.71 |
|
Deferred Tax assets |
26.22 |
42.91 |
85.00 |
|
Long-term loans and advances |
758.09 |
12,046.99 |
13,665.07 |
|
Non-current investment |
7,500.00 |
- |
- |
|
Other non-current assets |
161.52 |
152.99 |
- |
|
Total Non-current assets |
11,315.83 |
15,097.02 |
16,316.61 |
|
Current assets |
|
||
|
Current Investments |
516.99 |
8,168.51 |
12,492.74 |
|
Inventories |
2,272.92 |
2,231.27 |
3,473.72 |
|
Trade receivables |
2,659.83 |
1,791.26 |
1,789.49 |
|
Cash and bank balances |
504.22 |
475.23 |
645.42 |
|
Short-term loans and advances |
14,794.62 |
1,995.53 |
976.92 |
|
Other current assets |
10.30 |
4.08 |
4.30 |
|
Total Current assets |
20,759.28 |
14,665.88 |
19,382.59 |
|
TOTAL ASSETS |
32,075.11 |
29,762.90 |
35,699.20 |
DIVIDEND AND RETAINED EARNINGS (Rs. in Lakhs) (As of 31-03-2020 to 31-03-2022)
|
Particulars |
2022 |
2021 |
2020 |
|
Dividend |
Nil |
Nil |
Nil |
|
Retained Earnings |
Nil |
Nil |
Nil |
PERFORMANCE OF THE COMPANY
Revenue from operations increased from Rs. 25,614.06 Lakh in FY 2021 to Rs. 28,354.05 Lakh in FY 2022, showing a growth of 10.69% as compared to the previous financial year.
Finance Cost has decreased from Rs. 1,541.87 Lakh in FY 2021 to Rs. 1,029.20 Lakh in FY 2022 showing a decline of 33.24% as compared to the previous financial year.
In FY 2022, Company’s Net profit stood at Rs. 2,009.06 Lakh, 74.19% higher than the Rs. 1,153.37 Lakh net profit of FY 2021, as compared to the previous financial year.
The current Ratio of the company as of 31st March 2022 was 2.94.
The debt to Equity ratio of the company as of 31st March 2022 was 0.84.
In the Financial Year 2021-22, the company has not paid dividends.
