NCL HOLDINGS (A&S) LIMITED UNLISTED SHARE
NCL HOLDINGS (A&S) LIMITED was established to acquire all non-building materials of NCL Alltek and Seccolor under the approved NCLT (National Company Law Tribunal) scheme. The building materials were transferred to NCL Buildtek. The company's current objective is to make and hold investments in corporate and noncorporate companies engaged in manufacturing, marketing, and services.
NCL is the sole licensee in India for ICP plasters. Their products include cement, spray plasters, renewable energy, prefabricated structures, as well as color-coated steel profiles for doors and windows.
At the second annual general meeting of shareholders, members approved changes to the "object" clause of the Memorandum of Association (MOA) by adding activities such as real estate development and consulting services. However, in FY 2019-20, the company has not carried out any activity to reflect its new objectives.
INCORPORATION DETAILS
|
CIN |
U65920TG2018PLC121664 |
|
Registration Date |
05/01/2018 |
|
Category / Sub-Category of the Company |
Public Company, Limited by Shares |
|
Address of the Registered office and contact details |
10-3-162, 5th Floor, NCL Pearl, Sarojini Devi Road, East Maredpally, Secunderabad, Telangana- 500026 Email: secretarial@nclholdings.in Phone: 040-49693333 |
|
Name, Address & contact details of the Registrar & Transfer Agent, if any |
Venture Capital and Corporate Investments Private Limited, 12-10-167, Bharat Nagar, Hyderabad- 500018 Tel: 040-23818475/76 Direct No. 040-23868257 Email id: online@vccilindia.com |
Principal Business Activities of the Company
|
Name and Description of main products/services |
NIC Code of the Product/ service |
% to total turnover of the company |
|
Investment activity |
64200 |
100 |
BOARD OF DIRECTORS
Ashven Datla (Director)
Ambujodar Reddy Kanala (Director)
Bimal V Goradia (Executive Director)
Madhu Kalidindi (Managing Director)
PARTICULARS OF SUBSIDIARY COMPANIES
|
Name of the Company |
Subsidiary |
% of shares held |
|
Eastern Ghat Renewable Energy Limited |
Subsidiary |
100% |
|
Sun Crop Sciences Private Limited |
Subsidiary |
76% |
|
Kakatiya Industries Private Limited |
Subsidiary |
97.06% |
|
NCL Green Habitats Private Limited |
Subsidiary |
100% |
NCL HOLDINGS (A&S) LIMITED UNLISTED SHARE DETAILS
|
Total Available Shares: |
57,84,938 |
|
Face Value: |
Rs. 10 Per Equity Share |
|
ISIN: |
INE06DT01010 |
|
Pan No. |
AAFCN8971M |
|
Lot Size: |
100 Shares |
|
Last Traded Price: |
Rs. 70 |
|
Market Cap: |
Rs. 40.49 Crore |
SHAREHOLDING PATTERN
(As on 31-03-2020)
|
S. No. |
Shareholder's Name |
No. of Shares |
% of total Shares of the company |
|
1 |
Promoters Shareholding |
40,54,553 |
70.07% |
|
2 |
Public Shareholding |
17,30,385 |
29.93% |
|
|
Total |
57,84,938 |
100% |
PROFIT & LOSS STATEMENT OF NCL HOLDINGS (A&S) LIMITED (In Rs. Lakhs)
|
PARTICULARS |
FY 2020 |
FY 2019 |
|
Revenue from Operations |
2,266.04 |
1,559.25 |
|
EBITDA |
104.19 |
-75.78 |
|
Finance Cost |
93.69 |
80.34 |
|
Depreciation |
26.65 |
40.52 |
|
Other Income |
566.88 |
87.05 |
|
Profit Before Tax and Exceptional items |
550.73 |
-109.60 |
|
Less: Prior Period Adjustments |
-0.90 |
15.50 |
|
Total Tax |
106.10 |
-27.64 |
|
Minority Interest |
-1.34 |
-4.67 |
|
Profit After Tax (PAT) |
442.39 |
-71.12 |
|
Earnings Per Share (EPS) (In Rs.) |
7.65 |
-1.23 |
BALANCE SHEET OF NCL HOLDINGS (A&S) LIMITED (In Rs. Lakhs)
|
PARTICULARS |
31st March 2020 |
31st March 2019 |
|
ASSETS |
||
|
NON CURRENT ASSETS |
||
|
Fixed Assets |
3,661.96 |
1,718.95 |
|
Goodwill on consolidation |
560.10 |
560.10 |
|
Long term loans and advances |
112.86 |
44.10 |
|
Tax assets |
108.07 |
199.44 |
|
Other noncurrent assets |
58.46 |
58.11 |
|
TOTAL NON CURRENT ASSETS |
4,501.45 |
2,580.71 |
|
CURRENT ASSETS |
||
|
Inventories |
7,320.64 |
5,967.73 |
|
Financial assets |
2,740.07 |
3,676.46 |
|
Trade receivables |
428.79 |
306.32 |
|
Cash and cash equivalent |
72.74 |
174.03 |
|
Other current assets |
39.46 |
48.69 |
|
TOTAL CURRENT ASSETS |
10,601.69 |
10,173.23 |
|
TOTAL ASSETS |
15,103.14 |
12,753.94 |
|
EQUITY AND LIABILITIES |
||
|
EQUITY |
||
|
Equity Share Capital |
578.49 |
578.49 |
|
Reserves and Surplus |
5,749.77 |
5,203.98 |
|
Minority Interest |
79.91 |
78.56 |
|
TOTAL EQUITY |
6,408.17 |
5,861.04 |
|
LIABILITIES |
||
|
NON CURRENT LIABILITIES |
||
|
Long Term Borrowings |
104.55 |
104.48 |
|
Other long term liabilities |
16.67 |
15.47 |
|
Long term provisions |
73.14 |
62.67 |
|
TOTAL NON CURRENT LIABILITIES |
194.35 |
182.62 |
|
CURRENT LIABILITIES |
||
|
Short term borrowings |
2,502.15 |
1,351.85 |
|
Trade payables |
289.44 |
248.22 |
|
Provisions |
96.15 |
34.22 |
|
Other current liabilities |
5,612.88 |
5,075.99 |
|
TOTAL CURRENT LIABILITIES |
8,500.62 |
6,710.28 |
|
TOTAL LIABILITIES |
8,694.97 |
6,892.91 |
|
TOTAL EQUITY AND LIABILITIES |
15,103.14 |
12,753.94 |
DIVIDEND HISTORY
|
Particulars |
2020 |
2019 |
|
Dividend (Interim + Final) (In Rs.) |
Nil |
Nil |
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company increased by 45.33% from Rs. 1,559.25 lakhs in FY 2019 to Rs. 2,266.04 lakhs in FY 2020.
EBITDA of the company turned from a loss of Rs. 75.78 lakhs in FY 2019 to a profit of Rs. 104.19 lakhs in FY 2020.
The company has turned the Net loss of Rs. 71.12 lakhs in FY 2019 to a net profit of Rs. 442.39 lakhs in FY 2020.
The current Ratio of the company as of 31st March 2020 was 1.24.
The debt to equity ratio of the company as of 31st March 2020 was 0.40.
Of all the four Subsidiaries, Kakatiya Industries has contributed the most to the profits of the NCL Holdings Limited, followed by NCL Green habitat. As against, Sun Crop Sciences has booked the loss this year.
A Proposal for the merger of NCL Green Habitats Pvt Limited and Eastern Ghat Renewable Energy Limited (Subsidiaries) with NCL HOLDING LIMITED is under active consideration. In implementing the merger, the company is expected to benefit from lower compliance costs, economies of scale, non-operating activities, and improved financial leverage. The necessary approvals from shareholders and creditors will be obtained in due course.
The company has acquired the office space on the fourth floor of NCL Pearl, which is an existing registered office building, proposed to be utilized for new corporate and registered offices. Covid-19 has no direct impact on the company. However, the operations and business plans of the subsidiaries may slow down in FY 2020-2021.
