CAROL INFO SERVICES LIMITED DELISTED SHARE
The name of Wockhardt Life Sciences Limited changed to 'Carol Info Services Limited' on November 7, 2003.
Carol Info Services Limited is a subsidiary of Khorakiwala holdings and investments private limited.
Carol Info Services Limited is registered with the Registrar of Companies in Mumbai. Paid-up capital of the company is Rs.354,364,736 and Authorized share capital is Rs. 1,000,000,000. Pursuant to the SEBI (Delisting of Equity Shares) Regulations 2009, Carol info came up with the delisting of equity shares. The trading in the equity shares of Carol Info Services Limited (BSE Scrip Code: 500446) was discontinued on, March 12, 2012. The exit price of the company's offer was Rs.165/- per share.
INCORPORATION DETAILS
CIN | U74999MH1979PLC021942 |
Registration Date | 29-11-1979 |
Company Name | Carol Info Services Limited |
Email Address | investorrelations@carolinfoservices.com |
Category/Sub-category of the Company | Public Company limited by shares |
Registration Number | 21942 |
Address of the Registered office & contact details | Wockhardt Towers, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 Tel No. : +91 22 2653 4444 Fax No. : +91 22 2652 3905 Website: www.carolinfoservices.com |
Company Secretary & Compliance Officer | Mr. Jeevan Mondkar |
Name, Address & contact details of the Registrar & Transfer Agent, if any | Link Intime India Private Limited C-101, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai – 400 083 Tel No. : +91 22 4918 6270 Fax No. : +91 22 4918 6060 Email id : carol@linkintime.co.in Website: www.linkintime.co.in |
PARTICULARS OF SUBSIDIARIES, JOINT VENTURES, AND ASSOCIATE COMPANY
S.NO. | Name Of The Company | Category | %Of Shares Held |
1. | Khorakiwala Holdings and Investments Private Limited | Holding | 92.20% |
2. | Banneret Trading Private Limited | Subsidiary | 100% |
3. | Wockhardt Hospitals Limited | Associate Company | 31.97% |
BOARD OF DIRECTORS
S. No. | Name of the Directors | Category |
1. | Mr. Stephen D’Souza | Non-Executive Non-Independent Director (Chairman) |
2. | Mr. Deepak Madnani | Managing Director (Member) |
3. | Mr. Akhtar Shamsi | Independent Director (Member) |
4. | Ms. Vijaya Nair | Independent Director (Member) |
Principal Business Activities of the Company
Name & Description of main products/services | NIC Code of the Product /service | % to total turnover of the company |
Renting of immovable property | 681 | 100% |
SHAREHOLDING PATTERN
(As of 31-12-2021)
S. No. | Shareholder’s Category | No. of Shares | % of total Shares of the company |
1. | PROMOTERS | 34,046,263 | 96.08% |
2. | PUBLIC | 1,390,209 | 3.92 |
Total | 35,436,472 | 100% |
PROFIT & LOSS STATEMENT OF CAROL INFO SERVICES LIMITED ( Amount In Thousand)
(As of 31-03-2017 to 31-03-2021)
Particular | 2021 | 2020 | 2019 | 2018 | 2017 |
Income |
|
| |||
Revenue from Operations | 925,770 | 910,949 | 712,755 | 670,101 | 655,321 |
Other Income | 575,247 | 596,623 | 563,871 | 553,703 | 562,591 |
Total Revenue | 1,501,017 | 1,507,572 | 1,276,626 | 1,223,804 | 1,217,912 |
Expenses | |||||
Employee Benefits Expense | 986 | 1,033 | 911 | 825 | 915 |
Finance Costs | 383,875 | 355,890 | 260,728 | 265,064 | 269,223 |
Depreciation and amortization expense | 21,950 | 21,968 | 23,853 | 22,277 | 23,863 |
Other Expenses | 42,757 | 403,374 | 406,708 | 325,535 | 53,631 |
Total Expenses | 449,568 | 782,265 | 692,200 | 613,701 | 347,632 |
Profit before tax | 1,051,449 | 725,307 | 584,426 | 610,103 | 870,280 |
Tax Expense |
| ||||
Current Tax | (145,851) | (149,277) | (133,634) | (116,189) | (148,321) |
Tax pertaining to earlier years | (236,415) | - | - | (960) | - |
Deferred Tax | (51,322) | (14,375) | 73,691 | 36,058 | (47,192) |
PROFIT AFTER TAX BEFORE OTHER COMPREHENSIVE INCOME AND LOSS IN ASSOCIATES | 617,861 | 561,655 | 524,483 | 529,012 | 674,767 |
Share of loss in associates | (37,595) | (1,168) |
| ||
PROFIT AFTER TAX BEFORE OTHER COMPREHENSIVE INCOME | 580,266 | 560,487 | 524,483 |
| |
Other Comprehensive Income |
| ||||
Items that will be reclassified to Profit or Loss- (charge)/credit | |||||
Re-measurement of net defined benefit (liability)/asset | 4 | (11) | (2) | (1) |
|
Tax on the above | (2) | 3 | 1 |
| |
– Fair value gain/(loss) on equity instruments | (1,558,619) | - | 409,036 |
| |
Tax on the above | 179,742 | - | (96,120) |
| |
Items that will not be reclassified to profit or loss – (charge)/credit |
| ||||
Share in the OCI of associates | (741) | (3) | - |
| |
(739) | (1,378,888) | (1) | 312,915 |
| |
Total Comprehensive Income for the Year | 579,527 | (818,401) | 524,482 | 841,927 | 674,767 |
Earnings per equity share of the face value of Rs.10 each |
| ||||
Earnings Per Share - Basic | 17.44 | 15.85 | 14.80 | 14.93 | 19.04 |
Earnings Per Share - Diluted | 17.44 | 15.85 | 14.80 | 14.93 | 19.04 |
BALANCE SHEET OF CAROL INFO SERVICES LIMITED (Amount In Thousand )
(As of 31-03-2017 to 31-03-2021)
PARTICULARS | 2021 | 2020 | 2019 | 2018 | 2017 |
Equity and Liabilities |
| ||||
Share Capital | 354,365 | 354,365 | 354,365 | 354,365 | 354,365 |
Other Equity | 6,590,360 | 5,995,792 | 6,544,289 | 6,019,806 | 5,177,879 |
Total Equity | 6,944,725 | 6,350,157 | 6,898,654 | 6,374,171 | 5,532,244 |
Non-Current Liabilities | |||||
Financial Liabilities |
| ||||
Borrowings | 3,252,529 | 3,364,082 | 2,659,601 | 2,867,648 | 1,787,155 |
Lease liabilities | 49,879 | 1,077 | - | - | |
Provisions | 120 | 150 | 81 | 63 | - |
Deferred tax liabilities (net) | 344,269 | 307,986 | 322,033 | 382,063 | 322,000 |
Total Non-Current Liabilities | 3,646,797 | 3,673,295 | 2,981,715 | 3,249,774 | 2,109,155 |
Current Liabilities | |||||
Financial Liabilities | |||||
Borrowings | 73,936 | - | 54,690 | ||
Trade Payables | |||||
Total Outstanding Dues of Micro Enterprises and Small Enterprises | - | - | - |
| |
Total Outstanding Dues of others | 2,207 | 2,026 | 2,411 | 3,439 | 3,035 |
Lease liabilities | 4,789 | 96 | - | ||
Other financial liabilities | 715,804 | 728,876 | 820,615 | 782,490 | 884,955 |
Other current liabilities | 13,205 | 13,556 | 13,433 | 11,914 | 1,267 |
Provisions | 2 | 6 | 3 | 3 | 84 |
Liabilities for current tax (net) | 500,072 | 500,072 | 306,786 | 298,543 | 349,954 |
Total Current Liabilities | 1,310,015 | 1,061,084 | 1,197,938 | 1,096,389 | 1,239,295 |
Total Liabilities | 11,901,537 | 11,084,536 | 11,078,307 | 10,720,334 | 8,880,694 |
Assets | |||||
Non-Current Assets | |||||
Property, Plant, and Equipment | 4,259 | 6,654 | 154,491 | 162,101 | 168,710 |
Right of use assets | 192,549 | 142,921 | - | ||
Capital work-in-progress | - | - | - | ||
Intangible assets- Goodwill on consolidation | 57 | 57 | 57 | 57 | 57 |
Investment Property | 626,961 | 642,839 | 658,717 | 674,960 | 690,430 |
Investment in equity accounted for investees | 1,016,045 | 1,054,381 | - | ||
Financial Assets | |||||
Other Investments | 8,647,135 | 8,107,009 | 8,309,788 | 7,221,671 | 6,609,680 |
Loan given | - | - | 268 | 467 | 466 |
Other non-current financial assets | 84,575 | 77,378 | - | 131,900 | 17,787 |
Non-current tax assets (net) | 523,950 | 533,941 | 488,716 | 452,567 | 428,814 |
Other non-current assets | 5,534 | 5,534 | 6,175 | 5,193 | 5,027 |
Total Non - current Assets | 11,101,065 | 10,570,714 | 9,618,212 | 8,648,916 | 7,920,971 |
Current Assets | |||||
Financial Assets | |||||
Investments | - | - | 1,205,980 | - | |
Trade Receivables | 261,605 | 160,957 | 25,155 | 268,067 | 238,029 |
Cash and Cash Equivalents | 40,101 | 164,777 | 32,595 | 809,755 | 36,977 |
Bank balances (other than above) | 138,010 | - | 185,086 | 976,426 | 662,674 |
Loans given | 341,041 | 173,213 | - |
| |
Other Current Financial Assets | 9,043 | 6,487 | 4,313 | 10,317 | 2,255 |
Other Current Assets | 10,672 | 8,388 | 6,966 | 6,853 | 19,788 |
Total Current Assets | 800,472 | 513,822 | 1,460,095 | 2,071,418 | 959,723 |
Total Assets | 11,901,537 | 11,084,536 | 11,078,307 | 10,720,334 | 8,880,694 |
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) | Nil | Nil | Nil | Nil | Nil |
PERFORMANCE OF THE COMPANY
Revenue from Operations increased from Rs. 910,949 thousand in FY 2020 to
Rs. 925,770 thousand in FY 2021, showing an increase of 1.63% as compared to the previous financial year.
The company’s Net Profit increased from Rs. 560,487 thousand in FY 2020 to
Rs. 580,266 thousand in FY 2021, showing an increase of 3.53% as compared to the previous financial year.
Finance Cost has risen significantly from Rs. 355,890 thousand in FY 2020 to
Rs. 383,875 thousand in FY 2021.
The Current Ratio of the company as of 31st March 2021 was 61.10%.
The debt to equity ratio of the company as of 31st March 2021 was 1.71%.
The Company has not paid a dividend in the last 5 years.
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