ABOUT CAMAC COMMERCIAL COMPANY LIMITED UNLISTED SHARE
Incorporated on 09 July 1980 under the Companies Act, 1956. Camac Commercial Company Limited is registered with the Registrar of Companies, Delhi. Its authorized share capital is Rs. 90,00,000 and its paid-up capital is Rs. 88,28,000. It is involved in owned Real estate and leased property activities, which include buying, selling, renting, and operating self-owned or leased real estate such as apartment buildings and dwellings, non-residential buildings, and developing and subdividing real estate. It also includes in development and sale of land and cemetery lots, operation of apartment hotels, and residential mobile home sites. Camac Commercial Company Limited is one of the holding companies of Bennett Coleman and Company Limited (BCCL). It holds 3,81,61,548 shares i.e.13.30% stake in Bennett Coleman & Co (owner of Times Group, the largest mass media company in India) as of 31/3/2018. The Equity Shares of the Company are listed at the Calcutta Stock Exchange Ltd. The Company does not have any significant business activity as of now alongside its non-business key activity being the deployment of surplus funds.
INCORPORATION DETAILS
|
CIN |
L70109DL1980PLC169318 |
|
Registration Date |
9th July 1980 |
|
Company Name |
CAMAC Commercial Company Limited |
|
Email Address |
|
|
Category/Sub-category of the Company |
Company limited by Shares, Non-govt company |
|
Registration Number |
169318 |
|
Address of the Registered office & contact details |
Camac Commercial Company Limited 1st Floor, Express Building, 9-10, |
|
Company Secretary & Compliance Officer |
Ms. Surabhi Srivastava |
|
Name, Address & contact details of the Registrar & Transfer Agent, if any |
M/s Niche Technologies Private Limited Flat No. 7A & 7B, 3A Auckland Place, |
PARTICULARS OF SUBSIDIARY COMPANIES
|
S.NO. |
Name of the Company |
Associate Companies |
%of shares held |
|
1. |
Ashoka Viniyoga Limited |
Associate Company |
45.95% |
|
2. |
Combine Holding Limited |
Associate Company |
26.77% |
|
3. |
Artee Viniyoga Limited |
Associate Company |
25.00% |
|
4. |
Sahu Jain Services Limited |
Associate Company |
20.00% |
|
5. |
Times Publishing House Limited |
Associate Company |
20.83% |
|
6. |
Sahu Jain Limited |
Associate Company |
21.20% |
BOARD OF DIRECTORS
|
S.No |
Name of the Directors |
Category |
|
1. |
Ms. Monisha Saraf |
Non-Executive &Independent Director |
|
2. |
Mr. Abhinav Srivastava |
Non-Executive &Independent Director |
|
3. |
Ms. Swati Srivastava |
Non-Executive Director |
|
4. |
Mr. Sanjay Kumar |
Chief Financial Officer |
|
5. |
Mr. Sunil Singh |
Manager |
SHAREHOLDING PATTERN (As of 31-03-2022)
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1 |
PROMOTERS |
607832 |
68.85 % |
|
2 |
PUBLIC |
274968 |
31.15% |
|
Total |
882800 |
100.00% |
INDUSTRY OUTLOOK
The Pandemic covid-19 has not only challenged the existence of humankind but also impacted the global economy worldwide.
Since major earnings of the company are yielded through investment in debt mutual funds, the risk of this pandemic is lesser for the company compared to companies engaged in manufacturing, service, and other industries. Although the company has always taken prudent decisions for investment and redemptions, now considering the economic factors, the company is taking investment and redemptions decisions even more cautiously to protect the interest of the stakeholders in the company. The Company continued with its policy of investing in low-risk debt products offered by the various mutual fund houses and in fixed deposits. The company is duly registered with the Reserve Bank of India (RBI) as a non-deposit-taking NBFC categorized as “Non-Systemically Important Non-Deposit taking NBFC” having an asset size below ₹ 100 crores. On account of the applicability of Indian Accounting Standards (Ind AS) w.e.f. April 1, 2019, on the company. The RBI has been continually strengthening the supervisory framework for NBFCs in order to ensure sound and healthy functioning and avoid excessive risk-taking.
The Company has earned a net profit of ₹ 286.98 lakhs during the year 2020-21. The Company has generated major income this year due to the decision to churn the portfolio of low-yield investments in anticipation of higher returns in the future.
PROFIT & LOSS STATEMENT OF CAMAC COMMERCIAL COMPANY LIMITED ( Amount In Lakh) (As of 31-03-2017 to 31-03-2021)
|
Particular |
2021 |
2020 |
2019 |
2018 |
2017 |
|
Income |
|
||||
|
Other Income |
|
409.63 |
526.70 |
||
|
Interest Income |
255.16 |
228.45 |
39.36 |
- |
- |
|
Dividend Income From Equity Instruments |
3.12 |
3.12 |
232.09 |
- |
- |
|
Net gain/Loss on fair value change |
169.86 |
295.68 |
710.31 |
- |
- |
|
Others |
- |
1.47 |
0.28 |
- |
- |
|
Total Income |
428.14 |
528.72 |
982.04 |
409.63 |
- |
|
Expenses |
|
||||
|
Employee Benefits Expense |
22.06 |
25.35 |
37.08 |
35.82 |
34.30 |
|
Finance cost |
- |
- |
0.01 |
0.12 |
0.67 |
|
Depreciation and amortization expense |
0.11 |
0.32 |
0.71 |
0.29 |
0.42 |
|
Other Expenses |
62.96 |
41.92 |
13.02 |
8.03 |
13.88 |
|
Total Expenses |
85.13 |
67.59 |
50.82 |
44.26 |
43.27 |
|
Profit before tax |
343.01 |
461.13 |
931.22 |
365.36 |
447.42 |
|
Tax expenses |
|
||||
|
Current tax |
55.76 |
74.07 |
140.96 |
24.70 |
- |
|
Deferred tax |
(0.09) |
0.25 |
(0.53) |
(0.09) |
0.15 |
|
Earlier year tax provision(net) |
0.36 |
0.12 |
0.05 |
- |
- |
|
Reversal of MAT credit entitlements of earlier years |
- |
- |
- |
17.29 |
- |
|
Total Tax Expenses |
56.03 |
74.44 |
140.48 |
- |
- |
|
Profit After-tax |
286.98 |
386.69 |
790.74 |
168.47 |
477.27 |
|
Other Comprehensive Income (OCI) |
|
||||
|
1. Items that will not be reclassified to profit and loss |
|
||||
|
Fair value changes in equity instruments through OCI |
9036.24 |
(2106.28) |
21374.55 |
- |
- |
|
Less-Income tax effect on above |
(1998.14) |
468.77 |
(5109.98) |
- |
- |
|
Re-measurement of the defined benefit plans |
0.12 |
2.08 |
- |
- |
- |
|
Less-Income tax effect on above |
(0.03) |
(0.58) |
- |
- |
- |
|
Total(1) |
7038.19 |
(1636.01) |
16264.57 |
- |
|
|
2. Items that will be reclassified to profit and loss |
|
||||
|
Fair value changes in debt instruments through OCI |
232.18 |
130.56 |
37.44 |
- |
- |
|
Less-Reclassified to profit or loss from OCI on sale |
(169.86) |
(295.68) |
(399.26) |
- |
- |
|
Less-Income tax effect on above |
(13.87) |
36.74 |
78.64 |
- |
- |
|
Total(2) |
48.45 |
(128.38) |
(283.18) |
||
|
Total Other Comprehensive Income, net of tax (B+1+2) |
7086.64 |
(1764.39) |
15981.39 |
- |
- |
|
Total Comprehensive Income of the year(1+2) |
7373.62 |
(1377.70) |
16772.13 |
- |
- |
|
Earnings Per Share - Basic |
32.51 |
43.80 |
89.57 |
19.08 |
54.06 |
|
Earnings Per Share - Diluted |
32.51 |
43.80 |
89.57 89.57 |
19.08 |
54.06 |
BALANCE SHEET OF CAMAC COMMERCIAL COMPANY LIMITED (Amount In Lakh ) (As of 31-03-2017 to 31-03-2021)
|
PARTICULARS |
2021 |
2020 |
2019 |
2018 |
2017 |
|
Equity and Liabilities |
|
|
|||
|
Equity |
|
|
|||
|
Share Capital |
88.28 |
88.28 |
88.28 |
88.28 |
88.28 |
|
Other Equity & Reserves |
1,57,099.28 |
1,49,725.64 |
1,51,103.34 |
50,97,62,059 |
49,29,15,478 |
|
Liabilities |
|
|
|||
|
Financial Liabilities |
|
|
|||
|
Payables |
|
|
|||
|
Total outstanding dues of micro and small enterprises |
- |
- |
- |
- |
- |
|
Total outstanding dues of creditors other than micro and small enterprises |
1.78 |
2.57 |
0.82 |
0.82 |
3.43 |
|
Other Current Liabilities |
- |
- |
- |
0.35 |
0.002 |
|
Short term Provisions |
- |
- |
- |
0.23 |
10.74 |
|
Non-Financial Liabilities |
- |
- |
- |
|
|
|
Long term Provisions |
3.40 |
3.10 |
6.12 |
4.74 |
4.50 |
|
Deferred tax liabilities |
43,077.55 |
41066.12 |
41,571.05 |
- |
- |
|
Other Non-Financial Liabilities |
6.78 |
0.75 |
0.23 |
- |
- |
|
Total Liabilities |
200277.07 |
190886.46 |
1,92,769.84 |
51,92,05,233 |
50,36,11,668 |
|
Assets |
|
|
|||
|
Financial Assets |
|
|
|||
|
Cash and Cash equivalents |
1.13 |
3.69 |
1.61 |
- |
- |
|
Bank balance other than above |
74.80 |
70.00 |
- |
1.71 |
2.61 |
|
Current Investments |
200062.61 |
1,90,715.34 |
1,92,712.60 |
- |
4,58,37,750 |
|
Other Financial Current Assets |
132.83 |
91.31 |
49.01 |
17.34 |
6.26 |
|
Short-term loans & advances |
- |
- |
- |
0.22 |
0.10 |
|
Non-Financial Assets |
|
|
|||
|
Current tax Assets(Net) |
4.12 |
4.25 |
4.01 |
- |
- |
|
Deferred tax Assets |
0.98 |
1.50 |
1.75 |
1.22 |
1.13 |
|
Property, Plants, and equipment |
0.12 |
0.22 |
0.54 |
0.68 |
0.39 |
|
Non-Current Investments |
- |
- |
- |
5167.52 |
4391.60 |
|
Long-term loans and advances |
- |
- |
- |
3.37 |
175.65 |
|
Other Non-Financial Assets |
0.48 |
0.15 |
0.23 |
- |
- |
|
Total Assets |
200277.07 |
190886.46 |
1,92,769.84 |
59,83,44,053 |
50,36,11,668 |
DIVIDEND AND RETAINED EARNINGS (As of 31-03-2017 to 31-03-2021)
|
Particulars |
2021 |
2020 |
2019 |
2018 |
2017 |
|
Dividend |
Nil |
Nil |
Nil |
Nil |
Nil |
|
Retained Earnings (In Lakhs) |
5043.18 |
4812.01 |
4502.67 |
Nil |
Nil |
PERFORMANCE OF THE COMPANY
Revenue from Operations decreased from 528.72 Lakhs in FY 2020 to 428.14 Lakhs in FY 2021, showing a decline of 19.02 % as compared to the previous financial year.
The company’s Net Profit decreased from 386.69 Lakhs in FY 2020 to 286.98 Lakhs in FY 2021, showing a decline of 25.79% as compared to the previous financial year.
The current Ratio of the company as of 31st March 2021 was 1.12%.
The debt-to-equity ratio of the company as of 31st March 2021 was 1.27%.
The Company has not paid a dividend in the last 5 years.
