CAPRICON REALTY LIMITED UNLISTED SHARE
CAPRICON REALTY LIMITED is engaged in the business of Real Estate Development. The Company was incorporated on 10th June, 1996 under the name and style of “Capricon Trading Private Limited “. The name of the company was changed to “Capricon Trading Limited” on 31st March, 2004 upon conversion from private limited company to public limited company and further changed to “Capricon Realty Limited”.
INCORPORATION DETAILS
CIN | U51100MH1996PLC100126 |
Address of the Registered office and contact details | Sir Vithaldas Chambers, 16, Mumbai Samachar Marg, Mumbai – 400 001, Tel No. 022-22025731 |
Name, Address and Contact Details of Registrar and Transfer Agent, if any | M/s. Computech Sharecap Limited 147, Mahatma Gandhi Road, 3rd Floor Opp. Jehangir Art Gallery, Fort, Mumbai – 400001 Tel No. 022-22635000/01 |
BOARD OF DIRECTORS
Sudhir Thackersey (Managing Director)
Raoul Thackersey (Joint Managing Director)
Gautam Doshi (Director)
Sujal Shah (Director)
Ameet Hariani (Director)
Vishwadhara Dahanukar (Director)
Ms. Tanya Thackersey (Executive Director)
CAPRICON REALTY LIMITED UNLISTED SHARE DETAILS
Total Available Shares: | 9782 |
Face Value: | Rs. 10 Per Equity Share |
LTP | 260000 |
ISIN: | INE198A01014A |
Lot Size: | 1 |
Market Capitalization : | 254.33 Crore |
SHAREHOLDING PATTERN
(As on 31-03-2021)
S. No. | Shareholders’ Name | Number of shares | % of total Shares of the company |
1 | Promoters Shareholding | 8,212 | 83.95% |
2 | Public Shareholding | 1,570 | 16.05% |
Total | 9,782 | 100% |
INDUSTRY OUTLOOK
Real estate is a sector which is recognised globally in almost every nation. It comprises of 4 sub sectors – retail, housing, commercial, and hospitality. The growth of real estate industry is dependent mainly on growth of corporate environment and demand for offices as well as on residential accommodations. The real estate sector in India is the 2nd highest employment generation industry.
Real estate market of India is expected to grow from US$ 120 billion in 2017 to US$ 1 trillion by 2030 and will contribute around 13% to the GDP of India by 2025. Real estate sector in India has recently witnessed high growth due to rise in demand for office as residential spaces. The sector has attracted institutional investments of US$ 5 billion in 2020. Rapid urbanisation in the country is the main reason for the massive growth of real estate.
Year 2020, brought very hard pain and distress in the real estate sector. All the real estate related activities stopped in the late March 2020 due to lockdown. Although as the economy started to unlock, the construction activities were very less due to shortage of labour. However, during the festival season from October 2020, housing sales began to speed up. Home sales volume jumped by 2x to 61,593 units from October 2020 to December 2020, compared to 33,403 units from July 2020 to September 2020, signalling recovery after the lockdown imposed due to spread of COVID 19 in the country.
PROFIT & LOSS STATEMENT OF CAPRICON REALTY LIMITED (In Rs. Lakhs)
PARTICULARS | FY 2021 | FY 2020 | FY 2019 |
Revenue from Operations | 0.00 | 3,419.98 | 3,980.14 |
EBITDA | -302.54 | 2,334.89 | 2,974.05 |
Finance Cost | 102.96 | 212.19 | 224.04 |
Depreciation | 170.99 | 165.43 | 144.42 |
Other Income | 1,316.04 | 1,302.82 | 1,083.51 |
Profit Before Tax | 739.55 | 3,260.09 | 3,689.10 |
Total Tax | 91.46 | 804.90 | 1,151.51 |
Profit After Tax (PAT) | 648.09 | 2,455.19 | 2,537.59 |
PAT margin | 49.25% | 51.99% | 50.11% |
EPS | 6625.27 | 24,776.37 | 25,590.84 |
BALANCE SHEET OF CAPRICON REALTY LIMITED (In Rs. Lakhs)
PARTICULARS | 31st March 2021 | 31st March 2020 | 31st March 2019 |
Equity Share Capital (In Rs. Lakhs) | 0.98 | 0.98 | 0.99 |
Reserves & Surplus (In Rs. Lakhs) | 35,104.6 | 34,642.54 | 32,801.36 |
Net Worth / Shareholders Equity (In Rs. Lakhs) | 35,105.58 | 34,643.52 | 32,802.35 |
Total Debt (In Rs. Lakhs) | 0 | 2111.82 | 2,360.84 |
Book value per Share (Rs.) | 3,58,879.34 | 3,54,155.84 | 3,30,802.25 |
Debt-Equity Ratio | 0 | 0.06 | 0.07 |
Return on Net Worth (%) | 1.85% | 7.09% | 7.69% |
PERFORMANCE OF THE COMPANY
The company has not earned any operational revenue in FY 2021. The revenue earned from Operations in FY 2020 was Rs. 3,419.98 lakhs.
The company’s EBITDA for FY 2021 was a loss of Rs. 302.54 lakhs, as against profit of Rs. 2,334.89 lakhs in FY 2020.
Net Profit of the company decreased by 73.6% i.e. from Rs. 2,455.19 lakhs in FY 2020 to Rs. 648.09 lakhs in FY 2021. PAT margins decreased from 51.99% in FY 2020 to 49.25% in FY 2021.
The company has cleared off its whole debt of Rs. 2,111.82 lakhs as of 31st March 2021.
The book value of the company as of 31st March 2021 was Rs. 3,58,879.34.
BUYBACK OFFER
Cash offer to buy back up to 970 (Nine Hundred Seventy) fully paid-up equity shares of face value Rs. 10/- each (“Equity Shares”), representing up to 9.92% of the total paid-up equity share capital of the Company, from all the equity shareholders (Promoters and Non-Promoters) / beneficial owners of the Equity Shares of the Company as on the record date i.e. 11th June, 2021 (“Record Date”).
Price at which Equity Shares will be bought back from the Equity Shareholders i.e. Rs. 2,60,000/- per share.
Buy Back opening date is 23rd June 2021 and closing date is 9th July 2021.
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