DALMIA LAMINATORS LIMITED UNLISTED SHARE
Established on 03 March 1986, Dalmia Laminators Ltd is a Public incorporated company and is registered at the Registrar of Companies, Kolkata. Authorized equity capital of the company is Rs. 10,00,00,000 and its paid-up capital is Rs. 4,08,50,000.
The Company manufacture Plastic Woven Sacks (PWS) used for bulk packaging of Cement, Fertilizer, Food grains / Sugar, Chemicals and other commodities of woven sacks, normally known as Raffia bags.
The Company manufactures both HDPE and P.P. Woven sacks. Almost the entire products are sold in South India. The Company owns a fair share of the market in the raffia Industries of India. 98.60% of the total revenue of the Company is derived from this activity in the Financial Year 2019-20.
INCORPORATION DETAILS
|
CIN |
L51491WB1986PLC040284 |
|
Registration Date |
03/03/1986 |
|
Company Name |
Dalmia Laminators Limited |
|
Email Address |
|
|
Category/Sub-category of the Company |
Indian Non-Government Company (Limited by Shares) |
|
Registration Number |
40284 |
|
Address of the Registered office & contact details |
130, Cotton Street, Kolkata- 700 007 Phone No.: +91 33-22688588/ 22710390 Fax:+ 91 33-22688587 e-mail: [email protected] Website: www.mldalmiagroup.com |
|
Company Secretary & Compliance Officer |
Mr. Govind Kumar Agarwal |
|
Name, Address & contact details of the Registrar & Transfer Agent, if any |
ABS Consultant Pvt. Ltd. 99, Stephen House, 6th Floor, 4, B. B. D. Bagh (East), Kolkata - 700 001 Phone No. – 033-2230-1043 e-mail: [email protected] |
PARTICULARS OF HOLDING, SUBSIDIARY & ASSOCIATE COMPANIES
|
S.NO. |
Name Of The Company |
Category |
%Of Shares Held |
|
1. |
Bateli Tea Company Limited |
Associate |
26.00 % |
|
2. |
Dalmia Tea Plantation & Industries Limited |
Associate |
26.50 % |
BOARD OF DIRECTORS
|
S.NO. |
Name of the Directors |
Category |
|
1. |
Mr. Rajinder Prasad Jain |
Chairman (Independent Director) |
|
2. |
Mr. Girdhar Gopal Dalmia |
Managing Director and CEO |
|
3. |
Mr. Manish Dalmia |
Whole-Time Director and CFO |
|
4. |
Mr. Vijay Dalmia |
Non-Executive Non-Independent Director |
|
5. |
Mr. Parekh Mani Baro |
Non-Executive Non-Independent Director |
|
6. |
Ms. Sonam Jalan |
Independent Director |
Principal Business Activities of the Company
|
Name & Description of main products/services |
NIC Code of the Product /service |
% to total turnover of the company |
|
Manufacturing of HDPE & P. P. Woven sacks |
22203 |
100% |
SHAREHOLDING PATTERN
(As of 31-03-2020)
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1 |
PROMOTERS |
25,30,150 |
61.94% |
|
2 |
PUBLIC |
15,54,850 |
38.06% |
|
|
Total |
40,85,000 |
100% |
INDUSTRY OUTLOOK
In March 2020, the World Health Organization declared COVID-19 a global pandemic. The COVID-19 pandemic developed rapidly into a global crisis, forcing governments to shut down all economic activity.
Consequent to this, the Government of India declared a nationwide lockdown from 24th March 2020, which has impacted the normal business operations of the Company. The lockdown and suspension of commercial activities across the country have resulted in a significant fall in the demand for the company's products.
During the year 2019-20, the Company has recorded a turnover of Rs. 26957.87 Lakhs.
PROFIT & LOSS STATEMENT OF DALMIA LAMINATORS LIMITED (Rs. In Lakhs)
(As of 31-03-2017 to 31-03-2020)
|
Particular |
2020 |
2019 |
2018 |
2017 |
|
Income |
|
|
||
|
Revenue from Operations |
26,957.87 |
29,228.08 |
23,231.37 |
25,134.01 |
|
Other Income |
380.24 |
203.99 |
167.94 |
113.35 |
|
Finance income |
- |
- |
44.94 |
36.75 |
|
Total Revenue |
27,338.11 |
29,432.07 |
23,444.25 |
25,284.11 |
|
Expenses |
|
|
||
|
Cost of materials consumed |
19,769.76 |
21,289.32 |
16,915.83 |
15,519.42 |
|
Excise duty |
- |
- |
812.61 |
3,153.81 |
|
Changes in inventories of finished goods, work-in-progress, and stock-in-trade |
(1,270.97) |
(725.85) |
(1,440.54) |
79.88 |
|
Employee Benefits Expense |
875.36 |
912.35 |
521.99 |
345.44 |
|
Finance Costs |
1,966.76 |
1,858.86 |
1,509.45 |
1,282.86 |
|
Depreciation and amortization expense |
761.74 |
814.81 |
760.89 |
701.35 |
|
Other Expenses |
4,616.11 |
4,616.11 |
3,799.52 |
3,656.51 |
|
Total Expenses |
26,718.76 |
28,657.00 |
22,879.75 |
24,739.27 |
|
Profit/(Loss) before tax before Share of Profit from Associates |
619.35 |
775.07 |
564.50 |
544.84 |
|
Add: Share of Profit from Associates |
348.77 |
183.23 |
269.55 |
170.68 |
|
Profit/Loss before tax |
968.12 |
958.3 |
834.05 |
715.52 |
|
Tax Expenses/(Credits) |
|
|
||
|
Current tax |
100.55 |
158.02 |
109.15 |
113.10 |
|
Add/(Less): MAT credit entitlement |
- |
- |
(109.15) |
(113.10) |
|
Deferred tax |
(181.88) |
(81.73) |
206.95 |
203.00 |
|
Tax in respect of earlier years |
- |
22.35 |
- |
- |
|
Total Tax Expenses/(Credits) |
(81.33) |
98.64 |
206.95 |
203.00 |
|
Profit/(Loss) After Tax |
1,049.45 |
859.66 |
627.10 |
512.52 |
|
Other Comprehensive Income |
|
|
||
|
An item that will not be reclassified to profit and loss |
(16.98) |
(7.49) |
(29.15) |
(5.68) |
|
Tax relating to the above item |
4.72 |
2.50 |
9.73 |
- |
|
Total Other Comprehensive Income(net of tax) |
(12.26) |
(4.99) |
(19.42) |
(5.68) |
|
Total comprehensive income for the period |
1,037.19 |
854.67 |
607.68 |
506.84 |
|
Earnings Per Equity Share of ₹ 10/- each |
|
|
||
|
Basic |
25.69 |
21.04 |
15.35 |
12.55 |
|
Diluted |
25.69 |
21.04 |
15.35 |
12.55 |
BALANCE SHEET OF DALMIA LAMINATORS LIMITED(In Lakhs)
(As of 31-03-2017 to 31-03-2020)
|
PARTICULARS |
2020 |
2019 |
2018 |
2017 |
|
Equity and Liabilities |
|
|||
|
Equity |
|
|||
|
Equity share capital |
408.50 |
408.50 |
408.50 |
408.50 |
|
Other equity |
14,030.71 |
12,993.52 |
12,138.85 |
11,531.17 |
|
Total Equity |
14,439.21 |
13,402.02 |
12,547.35 |
11,939.67 |
|
Liabilities |
|
|||
|
Non-Current Liabilities |
|
|||
|
Financial liabilities |
|
|||
|
Borrowings |
9,690.83 |
7,463.75 |
9,786.26 |
10,116.79 |
|
Provisions |
47.19 |
16.69 |
21.11 |
0.07 |
|
Deferred tax liabilities (net) |
318.20 |
504.80 |
589.03 |
500.95 |
|
Other non-current liabilities |
131.34 |
131.34 |
161.70 |
157.00 |
|
Current Liabilities |
|
|||
|
Financial liabilities |
|
|||
|
Borrowings |
6,065.01 |
5,040.45 |
6,127.07 |
4,397.83 |
|
Trade Payables |
1,829.01 |
1,469.63 |
628.75 |
481.46 |
|
Other financial Liabilities |
4,491.85 |
4,699.94 |
3,633.00 |
2,110.23 |
|
Other current liabilities |
118.58 |
257.75 |
198.39 |
329.47 |
|
Short-term provisions |
- |
- |
- |
- |
|
Current tax liabilities (net) |
12.18 |
93.05 |
23.30 |
64.61 |
|
Total Liabilities |
22,704.19 |
19,692.58 |
21,168.61 |
18,158.41 |
|
Total Equity And Liabilities |
37,143.40 |
33,094.60 |
33,715.96 |
30,098.08 |
|
Assets |
|
|||
|
Non-Current Assets |
|
|||
|
Property, plant and equipment |
13,318.14 |
13,455.46 |
15,086.66 |
14,138.96 |
|
Capital work-in-progress |
987.80 |
1,316.32 |
1,172.52 |
1,429.42 |
|
Investment in associates |
3,611.95 |
3,263.18 |
3,079.95 |
2,810.40 |
|
Financial assets |
|
|||
|
Other financial assets |
3,086.15 |
62.68 |
245.60 |
101.98 |
|
Other non-current assets |
201.47 |
335.14 |
195.29 |
151.70 |
|
Current Assets |
|
|||
|
Inventories |
8,620.25 |
7,161.87 |
7,061.89 |
5,839.28 |
|
Financial assets |
|
|||
|
Investments |
9.40 |
13.71 |
12.24 |
11.73 |
|
Trade Receivables |
2,686.09 |
3,195.60 |
3,277.69 |
4,222.75 |
|
Cash & cash equivalents |
925.97 |
903.33 |
21.74 |
29.69 |
|
Bank balances other than above |
421.64 |
302.33 |
253.52 |
168.62 |
|
Other financial assets |
2,136.59 |
1,987.18 |
2,006.74 |
330.39 |
|
Other current assets |
1,137.95 |
1,097.80 |
1,302.12 |
863.16 |
|
Total Assets |
37,143.40 |
33,094.60 |
33,715.96 |
30,098.08 |
DIVIDEND AND RETAINED EARNINGS
(As of 31-03-2017 to 31-03-2020)
|
Particulars |
2020 |
2019 |
2018 |
2017 |
|
Dividend |
Nil |
Nil |
Nil |
Nil |
|
Retained Earnings (In Rs. Lakhs) |
11,458.14 |
10,420.95 |
9566.28 |
8958.60 |
PERFORMANCE OF THE COMPANY
due to the VOVID pandemic Revenue from Operations decreased from Rs. 29,228.08 lakhs in FY 2019 to Rs. 26,957.87 Lakhs in FY 2020, showing a decline of 7.77% as compared to the previous financial year.
Finance Cost has risen significantly from 1,858.86 Lakhs in FY 2019 to Rs. 1,966.76 Lakhs in FY 2020.
In FY 2020, Company’s Net profit stood at Rs. 1049.45, 22.08% higher than Rs. 859.66 Lakhs profit of FY 2020.
The Current Ratio of the company as of 31st March 2020 was 1.27%.
The debt to equity ratio of the company as of 31st March 2020 was 2.02%.
The Company has not paid a dividend in the last 4 years.
