DSE ESTATES LIMITED UNLISTED SHARE
DSE ESTATES LIMITED (Formerly Delhi Stock Exchange Limited) is one of the oldest stock exchanges of India and has helped lots of companies to facilitate investments. Being one of the oldest stock exchanges, it has contributed to spreading financial literacy among the population of India.
The Delhi Stock Exchange voluntarily surrendered its stock exchange recognition in the year 2014. However, Delhi Stock Exchange is planning to again start its trading operations soon, which will be backed by global technology and skills.
Delhi Stock Exchange, today, mainly earns income from its lending and investing activities. Moreover, it has a Subsidiary known as ‘Delstox Stocks and Shares’, which is a financial services company and provides a platform to trade to the members of BSE and NSE.
INCORPORATION DETAILS
CIN | U91120DL1947PLC001239 |
Registration Date | 25 June 1947 |
Category/Sub-category of the Company | Company Limited by Shares |
Address of the Registered office and contact details | DSE HOUSE, 3/1, Asaf Ali Road, New Delhi – 110002 Phone: 011-23278988 |
Name, Address and Contact Details of Registrar and Transfer Agent, if any | Abhipra Capital Limited Dilkhush Industrial Estate, A-387, G.T. Karnal Road, Azadpur, New Delhi - 110033 |
BOARD OF DIRECTORS
Mr. Vijay Bhushan (Chairman)
Mr. Mahender Kumar Gupta (Director)
Mr. Vinod Kumar Goel (Director)
Mr. Hans Raj Kapoor (Director)
PARTICULARS OF SUBSIDIARY COMPANIES
Name of the Company | % of shares held |
Delstox Stocks and Shares | 100.00% |
DSE ESTATES LIMITED UNLISTED SHARE DETAILS
Total Available Shares: | 3,02,46,000 |
Face Value: | Rs. 1 Per Equity Share |
ISIN: | INE275I01021 |
PAN No. | AAACT0240L |
Lot Size: | 100 Shares |
Last Traded Price: | Rs. 15 |
Market Cap: | Rs. 45.37 Crore |
SHAREHOLDING PATTERN
(As of 31-03-2020)
S. No. | Shareholders’ Name | Number of shares | % of total Shares of the company |
1 | Parsvnath Developers Limited | 14,96,500 | 4.95% |
2 | Omaxe Limited | 14,96,500 | 4.95% |
3 | 63 Moons Technologies Limited | 14,96,500 | 4.95% |
4 | Bennett, Coleman and Company Limited | 14,96,500 | 4.95% |
6 | Others | 2,42,60,000 | 80.20% |
| Total | 3,02,46,000 | 100.00% |
INDUSTRY OUTLOOK
The Indian stock market exchanges are important market infrastructure intermediaries and they are guided by the Securities and Exchange Board of India (SEBI). They work as a tool for nation-building and a major job creator. The Exchanges comprised of many asset classes – equities, equity derivatives, currency derivatives, government and corporate bonds, interest rate derivatives, and commodity derivatives, etc. Stock exchanges in India are primarily regulated by SEBI. SEBI has introduced the interoperability between Clearing Corporations, the framework is applicable to all the recognized CCPs excluding those operating in the IFSC zone, and all the products available for trading on the stock exchanges (except commodity derivatives), interoperability norms benefits market participants to rationalize margins across exchanges and products by optimizing the use of capital but also reduce post-trade costs of trading firms.
With a favorable regulatory environment, Indian capital markets are expected to remain attractive to both domestic and foreign investors. Initiatives by the government towards ease of doing business, enhanced sectoral caps, a simpler mechanism to obtain approval for investment coupled with tax exemptions are expected to further boost the robust business environment for foreign investors leading to a larger inflow of capital in the coming years as well. This will not only augment the depth, maturity, and robustness of the Indian capital markets but also build investor confidence.
In a population of about 1.37 billion people, only around 2.5% are invested in the capital markets in India. India has nearly 4 crore Demat accounts, out of which the only 0.95crore is active. Traditionally, metropolitan cities have played an important role in contributing to the markets but it has been mostly restricted up to that point. There is still a significant dearth of participation from Tier-II and Tier-III cities, which would be the main contributor to the booming markets across all socio-economic strata. The entry of young investors from these small towns would be pivotal for driving the next level of growth in Indian Capital Markets. Metropolitan Stock Exchange of India Limited aims at catering to this need of the hour through easily accessible customized products across multiple investment avenues.
PROFIT & LOSS STATEMENT OF DSE ESTATES LIMITED (In Rs. Lakhs)
PARTICULARS | 2020 | 2019 | 2018 | 2017 |
Revenue from Operations | 25.57 | 28.86 | 34.97 | 34.59 |
EBITDA | -215.63 | -214.43 | -262.29 | -245.26 |
Finance Cost | 0.00 | 0.00 | 2.80 | 0.74 |
Depreciation | 37.80 | 44.66 | 53.66 | 63.27 |
Other Income | 583.47 | 381.97 | 416.72 | 512.99 |
Profit before Exceptional Items and Tax | 330.05 | 122.88 | 97.97 | 203.72 |
Exceptional items | 0.00 | 0.00 | 25.92 | 0.00 |
Total Tax | 66.05 | 30.60 | 23.76 | 71.49 |
Profit After Tax (PAT) | 264.00 | 92.28 | 48.29 | 132.23 |
EPS | 0.87 | 0.31 | 0.16 | 0.44 |
BALANCE SHEET OF DSE ESTATES LIMITED (In Rs. Lakhs)
Particulars | 31st March 2020 | 31st March 2019 |
ASSETS | ||
NON CURRENT ASSETS | ||
Tangible assets | 505.89 | 542.34 |
Intangible assets | 0.07 | 0.10 |
Capital work in Progress | 5.63 | 6.44 |
Financial assets | 1,016.13 | 1,621.85 |
Tax assets | 0.00 | 4.93 |
Other non-current assets | 52.50 | 117.75 |
TOTAL NON CURRENT ASSETS | 1,580.21 | 2,293.39 |
CURRENT ASSETS | ||
Trade receivables | 75.94 | 90.21 |
Cash and Cash equivalents | 5,052.84 | 4,063.30 |
Financial assets | 1,957.55 | 1,922.66 |
other current assets | 122.90 | 52.57 |
TOTAL CURRENT ASSETS | 7,209.23 | 6,128.74 |
TOTAL ASSETS | 8,789.44 | 8,422.14 |
EQUITY AND LIABILITIES | ||
EQUITY | ||
Equity share capital | 302.42 | 302.42 |
Other equity | 7,865.43 | 7,601.43 |
TOTAL EQUITY | 8,167.85 | 7,903.85 |
LIABILITIES | ||
NON CURRENT LIABILITIES | ||
Tax liabilities | 1.42 | 0.00 |
Other Long term liabilities | 257.04 | 264.01 |
Provisions | 9.43 | 6.74 |
TOTAL NON CURRENT LIABILITIES | 267.88 | 270.75 |
CURRENT LIABILITIES | ||
Trade payables | 144.24 | 75.65 |
Provisions | 64.94 | 27.92 |
Other current liabilities | 142.97 | 142.41 |
TOTAL CURRENT LIABILITIES | 352.15 | 245.98 |
TOTAL LIABILITIES | 620.03 | 516.73 |
TOTAL EQUITY AND LIABILITIES | 8,787.88 | 8,420.58 |
DIVIDEND HISTORY
Particulars | 2020 | 2019 | 2018 |
Dividend (final + interim) (In Rs.) | Nil | Nil | Nil |
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company decreased by 11.40% from Rs. 28.86 lakhs in FY 2019 to Rs. 25.57 lakhs in FY 2020.
EBITDA of the company for FY 2020 was a loss of Rs. 215.63 lakhs, as against a loss of Rs. 214.43 lakhs.
The company does not have any long-term or short-term borrowings. Hence Debt to Equity ratio of the company as of 31st March 2020 was 0.
Net profit of the company increased significantly by 186.08% from Rs. 90.28 lakhs in FY 2019 to Rs. 264 lakhs in FY 2020. This big rise can be attributed to rising in ‘Other Income’ of the company.
The current ratio of the company as of 31st March 2020 was 20.4.
The company has not given any dividends for the past three years.
The book value per equity share of the company as of 31st March 2020 was Rs. 27.
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