About IHP FINVEST LIMITED Unlisted Shares
IHP FINVEST LIMITED is a part of Ratanchand Investment Private Limited and is a Holding Company of The Indian Hume Pipe Company Limited. IHP Finvest Limited is engaged in Investing and Lending Activities. Apart from The Indian Hume Pipe Company Limited, IHP Finvest Limited makes investments in various financial instruments including Equity, Mutual Funds, bonds and debentures, Real Estate Portfolio Management Services, Portfolio Management Services& Alternative Investment Funds.
INCORPORATION DETAILS
|
CIN |
U65920MH1996PLC103184 |
|
Registration Date |
9th October 1996 |
|
Category/Sub-category of the Company |
A company having Share Capital |
|
Address of the Registered office and contact details |
Construction House, 2nd Floor, 5, Walchand Hirachand Road, Ballard Estate, Mumbai – 400001. Tel No. 022-22618091/22705150 |
|
Name, Address, and Contact Details of Registrar and Transfer Agent, if any |
MCS SHARE TRANSFER AGENT LTD 201, D-Wing, 2nd Floor, Gokul Industrial Estate, Sagbaug, Marol Co-op Industrial Area, B/H Times Square, Andheri (E) Mumbai - 400 059 Ph:- 022 - 28516020 / 022 - 28516021 |
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Investing and Lending Activities (NBFC) |
64990 |
100% |
BOARD OF DIRECTORS
Mr. Rajas R. Doshi (Chairman)
Ms. Jyoti R. Doshi
Mr. Mayur R. Doshi
Mr. Rameshwar D. Sarda
Mr. P. R. Bhat
PARTICULARS OF HOLDING, SUBSIDIARY, AND ASSOCIATE COMPANIES
|
Name of the Company |
Subsidiary/Associate |
% of shares held |
|
Ratanchand Investment Private Limited |
Holding |
86.49% |
|
The Indian Hume Pipe Company Limited |
Subsidiary |
65.92% |
SHAREHOLDING PATTERN (As of 31-03-2020)
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Ratanchand Investment Private Limited |
4,92,820 |
86.49% |
|
2 |
Rajas R. Doshi |
33,873 |
5.94% |
|
3 |
Jyoti R. Doshi |
2,057 |
0.36% |
|
4 |
Mayur R. Doshi |
1,926 |
0.34% |
|
5 |
Aditya R. Doshi |
1,914 |
0.34% |
|
6 |
Public Shareholding |
37,192 |
6.53% |
|
|
Total |
5,69,782 |
100.00% |
INDUSTRY OUTLOOK
The Indian Hume Pipe Company Limited is engaged in the business of manufacturing, jointing, and laying of pipelines of different pipe materials such as Steel pipes, RCCpipes, Penstock pipes, Prestressed Concrete pipes, Prestressed ConcreteCylinder pipes, Bar Wrapped Steel Cylinder pipes, etc., which provide infrastructure facility and development of drinking water supply projects, Hydro Electric Projects, irrigation projects, Sanitation, and Sewerage schemes. The company has also been undertaking the complete job of water supply from source to distribution centers which apart from manufacturing, laying andjointing of pipelines included the construction of intake wells, water treatment plants, waters pumps, water pumping stations, etc.
Water is a scarce natural resource but is fundamental to life. India has more than 18% of the world’s population but has only 4% of the world’s renewable water resources and 2.4% of the world’s land area. With the growing population and rising needs of a fast-developing nation, and the impact of climate change, the availability of usable water will be under further strain in the future with the possibility of larger conflicts related to water among different groups. Thus there is a huge scope for improvement in infrastructure and development activities related to water supply, drainage, and sewerage schemes leading to good scope for Indian Hume Pipe Company Limited.
Growing population and economic expansion inevitably lead to increasing in demand for water for various purposes. domestic, agricultural, industrial, thermal power,hydro-power, navigation, etc. Domestic and Industrial water needs have been largely concentrated in or around major cities, however, the demand in rural areas is expected to increase sharply with the development programs of State Governments to improve the economic conditions of the rural areas. The demand for water for thermal and hydropower generation and for other industrial uses is also increasing. Due to this, water which is already scarce will become even scarcer in the future. This develops the need for the highest efficiency in water utilization and water distribution. Therefore there is good scope for many water supply projects coming up in the near future and this auger well for The Indian Hume Pipe Company Limited.
PROFIT & LOSS STATEMENT OF IHP FINVEST LIMITED (In Rs. Crores)
|
Particulars |
2020 |
2019 |
2018 |
|
Revenue from Operations |
1,651.02 |
1,667.69 |
1,558.70 |
|
EBITDA |
189.07 |
192.57 |
157.32 |
|
EBITDA margin |
11.45% |
11.55% |
10.09% |
|
Finance Cost |
76.01 |
53.61 |
42.91 |
|
Depreciation |
15.90 |
11.92 |
11.00 |
|
Other Income |
5.05 |
12.32 |
2.61 |
|
Profit Before Tax |
102.21 |
139.35 |
106.02 |
|
Total Tax |
26.41 |
48.02 |
35.14 |
|
Profit After Tax (PAT) |
75.81 |
91.33 |
70.88 |
|
PAT margin |
4.58% |
5.44% |
4.54% |
|
Minority Interest |
25.27 |
29.41 |
23.34 |
|
Profit for the Year |
50.53 |
61.92 |
47.54 |
|
EPS |
887 |
1,087 |
834 |
BALANCE SHEET OF IHP FINVEST LIMITED (In Rs. Crores)
|
PARTICULARS |
2020 |
2019 |
|
ASSETS |
||
|
NON CURRENT ASSETS |
||
|
Fixed Assets |
130.07 |
101.57 |
|
Financial assets |
131.50 |
88.33 |
|
Tax assets |
6.37 |
7.31 |
|
Other non-current assets |
86.64 |
60.23 |
|
TOTAL NON CURRENT ASSETS |
354.57 |
257.43 |
|
CURRENT ASSETS |
||
|
Financial assets |
48.15 |
59.77 |
|
Trade receivables |
629.42 |
602.07 |
|
Cash and cash equivalents |
57.64 |
66.31 |
|
Inventories |
75.66 |
70.85 |
|
Other current assets |
906.19 |
784.51 |
|
TOTAL CURRENT ASSETS |
1,717.05 |
1,583.51 |
|
TOTAL ASSETS |
2,071.62 |
1,840.94 |
|
EQUITY AND LIABILITIES |
||
|
EQUITY |
||
|
Equity share capital |
0.57 |
0.57 |
|
Other equity |
421.14 |
385.65 |
|
Non controlling interest |
200.07 |
180.74 |
|
TOTAL EQUITY |
621.78 |
566.96 |
|
LIABILITIES |
||
|
NON CURRENT LIABILITIES |
||
|
Borrowings |
44.07 |
2.60 |
|
Provisions |
10.24 |
3.79 |
|
Other Long term liabilities |
56.97 |
51.41 |
|
TOTAL NON CURRENT LIABILITIES |
111.28 |
57.79 |
|
CURRENT LIABILITIES |
||
|
Borrowings |
612.51 |
470.93 |
|
Trade payables |
529.37 |
495.94 |
|
Provisions |
8.07 |
13.52 |
|
Other current liabilities |
188.62 |
235.79 |
|
TOTAL CURRENT LIABILITIES |
1,338.56 |
1,216.19 |
|
TOTAL LIABILITIES |
1,449.84 |
1,273.99 |
|
TOTAL EQUITY AND LIABILITIES |
2,071.62 |
1,840.94 |
DIVIDEND HISTORY
|
Particulars |
2020 |
2019 |
2018 |
|
Dividend (final + interim) (In Rs.) |
114 |
201 |
140 |
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company decreased slightly by 1% from Rs. 1,667.69 crores in FY 2019 to Rs.1,651.02 crore in FY 2020.
The EBITDA of the company decreased by 1.82% from Rs. 192.57 crores in FY 2019 to Rs. 189.07 crore in FY 2020.
Profit After Tax of the company decreased by 17% from Rs. 91.33 crores in FY 2019 to Rs. 75.81 crores in FY 2020.
Profit of the Year decreased by 18.39% from Rs. 61.92 crores in FY 2019 to Rs. 50.53 crores in FY 2020.
The current Ratio of the company as of 31st March 2020 was 1.28.
Total borrowings of the company increased by 38.66% from Rs. 473.53 crore as of 31st March 2019 to Rs. 656.58 crore as of 31st March 2020. Debt to Equity ratio of the company as of 31st March 2020 was 1.06.
The company has given a dividend of Rs. 114 per equity share for FY 2020.
The book value per equity share of the company as of 31st March 2020 was Rs. 10,912.59.
