ABOUT PURBASHA RESOURCES LIMITED UNLISTED SHARES
Purbasha Resources Limited was founded in 1980 as "Prasannjyot Private Limited" under the terms of the Companies Act, 1956 as a private limited company, with registration number 32908 given by the ROC Kolkata in West Bengal on August 2, 1980.
The firm changed its name from "Prasannjyot Private Limited" to "Purbasha Resources Private Limited" after passing a special resolution at its Extra-Ordinary General Meeting on December 15, 1995.
The company was subsequently converted into a public limited company under the name "Purbasha Resources Limited" via Company Incorporation No. L65993WB1980PLC032908 and received a certificate from the Registrar of Companies, West Bengal on January 29, 1996, by passing a special resolution at its Extra-Ordinary General Meeting held on January 23, 1996.
The Company is engaged in investment and trading activities involving dealing in shares, bonds, and debentures. The Company is registered with the Reserve Bank of India as an NBFC.
Purbasha Resources Limited is listed on The Calcutta Stock Exchange Limited.
INCORPORATION DETAILS-
|
CIN |
L65993WB1980PLC032908 |
|
Registration Date |
02-AUGUST -1980 |
|
Category/Sub-Category of the company |
Company Limited by Shares/Non-Government Company |
|
Address of the Registered office and Contact details |
PURBASHA HOUSE, 25, Park Lane Kolkata – 700 016 |
|
Name, Address, and Contact Details of the Registrar and Transfer Agent, If any |
Niche Technologies Pvt. Ltd. 3A, Auckland Place 7th Floor Room No. 7A & 7B, Kolkata - 700017 Contact: 033 – 22806617 |
SHARE CAPITAL –
|
Authorized Capital |
INR 35,000,000 Cr. |
|
Paid Up Capital |
INR 30,010,000 Cr. |
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
|
Serial No. |
Name and Description of the main Products/Services |
NIC Code of the Products/Services |
% of the total turnover of the Company |
|
1. |
Sale Of Securities |
64990 |
27.12 |
|
2. |
Profit On Sale of Investments |
64990 |
34.18 |
|
3. |
Interest |
64990 |
32.09 |
BOARD OF DIRECTORS –
Mr.Ramesh Bansal - Independent, Non-Executive Director Mr. Amitabh Kejriwal - Independent, Non-Executive Director
Mr. Ramesh Kumar Laddha - Independent, Non-Executive Director Mr. Lalit Kumar Pareek - Non-Executive, Non-Independent Director Ms. Vithika Agrawal Binjrajka - Non-Executive, Non-Independent Director
PURBASHA RESOURCES LIMITED STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED 31 MARCH 2021
(Amount in Rs.)
|
Particulars |
For the year ended 31st March 2021 |
For the year ended 31st March 2020 |
|
INCOME |
|
|
|
Revenue from operations |
4,90,00,506 |
96,15,853 |
|
Other Income |
3,32,57,359 |
11,03,135 |
|
Total Income (1) |
8,22,57,865 |
1,07,18,988 |
|
EXPENSES |
|
|
|
Purchase of Stock in Trade |
46,97,519 |
62,72,764 |
|
Loss on Futures / Derivatives |
- |
2,34,13,743 |
|
Loss of Fair Valuation of Investment in Equity Instruments |
- |
1,24,30,408 |
|
Changes in Inventories of Shares and Securities |
70,36,248 |
(11,67,918) |
|
Employee benefits expense |
9,75,300 |
9,85,000 |
|
Finance costs |
1,05,089 |
1,863 |
|
Depreciation and Amortization expenses |
1,40,489 |
1,19,858 |
|
Other expenses |
5,14,455 |
4,85,200 |
|
Total Expenses(2) |
1,34,69,100 |
4,25,40,919 |
|
Profit /Loss Before Tax(1-2) |
6,87,88,765 |
(3,18,21,931) |
|
Tax Expenses- |
|
|
|
(a)Current Tax |
|
|
|
Current Tax for Current Period |
61,00,000 |
- |
|
Current tax for the Previous Periods |
- |
6,580 |
|
(b)Deferred Tax |
|
|
|
Deferred Tax for Current Period |
60,56,303 |
(1,31,71,501) |
|
Deferred Tax relating to Previous Years |
- |
- |
|
Total Tax Expense |
12,156,303 |
(1,31,64,921) |
|
Profit/Loss for the Year |
5,66,32,462 |
(1,86,57,010) |
|
Other Comprehensive Income (Items that will not be reclassified to profit or loss) |
- |
- |
|
Re-measurement of post-employment benefit obligations |
- |
- |
|
Income tax relating to these items |
- |
- |
|
Other comprehensive income for the year, net of tax |
- |
- |
|
Total comprehensive income for the year |
5,66,32,462 |
(1,86,57,010) |
|
Earnings per equity share: (Face value of the share of Rs 10 each) 28 |
|
|
|
Basic |
18.87 |
(6.22) |
|
Diluted |
18.87 |
(6.22) |
PURBASHA RESOURCES LIMITED
BALANCE SHEET AS AT 31st MARCH, 2021
(Amount in Rs.)
|
Particulars |
As of 31st March 2021 |
As of 31st March 2020 |
|
EQUITY AND LIABILITIES- |
|
|
|
Equity Share Capital |
3,00,10,000 |
3,00,10,000 |
|
Other Equity |
16,92,09,438 |
11,25,76,976 |
|
Total Equity |
19,92,19,438 |
14,25,86,976 |
|
Non-Current Liabilities |
|
|
|
Long Term Borrowings |
- |
85,01,863 |
|
Total Non-Current Liabilities |
|
85,01,863 |
|
Current Liabilities |
|
|
|
Short Term Provisions |
10,33,566 |
80,715 |
|
Other Current financial liabilities |
1,84,850 |
3,33,761 |
|
Other Current liabilities |
30,150 |
60,150 |
|
Current Income Tax Liabilities (net) |
61,00,000 |
- |
|
Total Current Liabilities |
73,48,566 |
4,74,626 |
|
Total Equity and Liabilities |
20,65,68,004 |
15,15,63,465 |
|
ASSETS - |
|
|
|
Non-Current assets |
|
|
|
Property, Plant and Equipment |
10,10,198 |
11,52,099 |
|
Financial assets |
|
|
|
Investment in equity instruments |
12,05,70,199 |
8,38,64,914 |
|
Other Financial Asset |
33,68,739 |
18,739 |
|
Deferred Tax Asset (Net) |
27,19,854 |
87,76,157 |
|
Total non-Current Assets |
12,76,68,990 |
9,38,11,909 |
|
Current Assets |
|
|
|
Inventories |
2,99,88,983 |
3,70,25,231 |
|
Financial assets |
|
|
|
Trade Receivables |
6,99,793 |
68,12,229 |
|
Cash and cash equivalents |
9,84,598 |
1,62,861 |
|
Bank Balances |
1,05,75,441 |
- |
|
Other Current financial assets |
3,15,36,525 |
1,31,25,979 |
|
Other current assets |
51,13,674 |
6,25,255 |
|
Total Current Assets |
7,88,99,014 |
5,77,51,556 |
|
Total Assets |
20,65,68,004 |
15,15,63,465 |
REVIEW OF BUSINESS OPERATIONS AND FUTURE PROSPECTS-
- During the year 2020-2021 under review, the net revenue from operations of your Company increased from Rs. 96.16 Lacs in the Previous Year to Rs. 490.00 Lacs.
- During the year under review, the total market value of quoted investments is Rs. 116.57 lacs as compared to Rs. 75.97 lacs in the Previous Year.
- The total book value of investments is Rs. 1205.70 lacs as compared to Rs. 838.65 lacs in the Previous Year.
- The interest income on loans and advances is Rs. 33.16 lacs as against Rs. 31.68 lacs in the Previous Year.
- In spite of the loss in the previous year, the Company attained a profit post-tax of Rs.566.32 lacs which led to significant changes as compared to the previous year.
DETAILS OF SIGNIFICANT CHANGES IN KEY FINANCIAL RATIOS-
|
Ratios |
Current Year |
Previous Year |
|
Current Ratio |
10.74 |
121.67 |
|
Return on Net worth (%) |
34.53 |
(22.32) |
|
Return on Net worth (%) |
0.0085 |
0.64 |
|
Interest Coverage Ratio |
656.91 |
- |
|
Inventory Turnover |
0.36 |
3.45 |
|
Debt Equity Ratio |
0.00 |
6.35 |
|
Operating Profit Margin (%) |
85.74 |
(282.02) |
|
Net Profit Margin (%) |
83.63 |
(296.87) |
