ABOUT THE SOUTHERN GAS LIMITED
THE SOUTHERN GAS LIMITED
The Southern Gas Limited, formerly AGL Resources founded in Cochin in 1963, is a Holding Company for American gas and electric utilities centered in the southern United States. The company's headquarters are in Atlanta, Georgia. It is a premier manufacturer and supplier of industrial, medicinal, rare gases, and related services, with 200+ employees in two major Indian states. There is no better supplier for all your gas needs than The Southern Gas Limited, which has 9 production facilities operating in the states of Karnataka, Kerala, and Tamilnadu.
In 2016, Southern Company acquired AGL Resources and renamed it Southern Company Gas.
Southern Company is one of the largest energy providers in the United States and is ranked 126th on the Fortune 500 listing of the largest U. S. corporations..
Nicor Gas in Illinois, Atlanta Gas Light in Georgia, Virginia Natural Gas in Virginia, and Chattanooga Gas in Tennessee make up the distribution operations. Natural gas pipelines, distribution facilities, and storage facilities are built, managed, and maintained by the utilities. They also react to and repair gas leaks and other service inquiries, as well as reading meters. The Southern Company Gas utilities provide natural gas to the majority of their consumers.
KEY SERVICES-
Maintains the gas pipeline infrastructure
Responds to and repairs gas leaks
Sells natural gas service to residential, commercial, and industrial customers; excluding Atlanta Gas Light
Offers customer service and bills customers for gas service; excluding Atlanta Gas Light
Offers online customer information about natural gas and natural gas-fueled products
INCORPORATION DETAILS-
|
CIN |
L24111GA1963PLC000562 |
|
Registration Date |
29-July-1963 |
|
Category/Sub-Category of the company |
Company Limited by Shares/Non-Government Company |
|
Address of the Registered office and Contact details |
Meera Classic, Phase II
|
|
Name, Address, and Contact Details of the Registrar and Transfer Agent, If any |
Bigshare Services Pvt.Ltd. |
SHARE CAPITAL –
|
Authorized Capital |
INR 5,000,000 Lacs |
|
Paid Up Capital |
INR 2,250,000 Lacs |
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. |
Oxygen |
20111 |
67.28 |
|
2. |
Nitrous oxide |
21009 |
14.80 |
BOARD OF DIRECTORS –
Mr. Gautam V. Pai Kakode
Mrs. Yogita Gautam Pai Kakode
Mr. Motilal S. Keny
Mr. S. P. Patnekar
Mr. Anbunathan Murugaian
Mr. Purushottam S. Mantri
THE SOUTHERN GAS 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 |
22,50,000 |
22,50,000 |
|
Other Equity |
1748,01,944 |
1571,23,044 |
|
Long Term Borrowings |
NIL |
8,97,466 |
|
Long Term Provisions |
72,44,396 |
64,98,980 |
|
Deferred tax liability (net) |
41,36,400 |
85,94,000 |
|
Short Term Borrowings |
NIL |
1,880 |
|
Total outstanding dues of Others |
131,36,087 |
132,26,032 |
|
Other Current financial liabilities |
548,27,583 |
517,18,581 |
|
Other current liabilities |
67,54,955
|
69,58,799 |
|
Short Term Provisions |
29,03,811 |
3,60,222 |
|
Total Equity and Liabilities |
2660,55,176 |
2476,29,004 |
|
ASSETS - |
|
|
|
Non-current assets |
100,454,041
|
109,506,903 |
|
Non-Current Investments |
20,000 |
10,000 |
|
Loans & Advances |
141,52,682 |
120,41,789 |
|
Other Financial assets |
157,69,675 |
22,46,690 |
|
Other non- current assets |
7,24,492 |
9,40,351 |
|
Inventories |
90,86,150 |
107,80,422 |
|
Trade Receivables |
467,83,334 |
500,65,420 |
|
Cash and cash equivalents |
331,40,709 |
142,22,234 |
|
Bank Balances |
443,43,128 |
414,97,062 |
|
Other Current financial assets |
73,526 |
3,89,828 |
|
Current tax assets |
2,27,000 |
24,05,959 |
|
Other current assets |
12,80,439 |
35,23,158 |
|
Total Assets |
2660,55,176 |
2476,29,004 |
THE SOUTHERN GAS LIMITED STATEMENT OF PROFIT & LOSS FOR THE YEAR ENDED 31st MARCH, 2021
|
Particulars |
For the year ended 31st March 2021 |
For the year ended 31st March 2020 |
|
Revenue from operations |
3095,18,573 |
3024,80,720 |
|
Other Income |
36,34,567 |
39,96,043 |
|
Total Income (1) |
3131,53,139 |
3064,76,763 |
|
EXPENSES |
|
|
|
Cost of materials consumed |
872,06,074 |
947,75,287 |
|
Purchase of traded goods |
317,25,978 |
212,07,173 |
|
Changes in inventories of finished goods, work-in-progress and stock in trade |
(48,636) |
(1,63,935) |
|
Employee benefits expense |
674,57,537 |
668,94,027 |
|
Finance costs |
2,01,320 |
5,87,235 |
|
Depreciation and Amortisation expenses |
148,87,049 |
164,82,568 |
|
Other expenses |
878,62,881 |
975,42,771 |
|
Total Expenses(2) |
2892,92,203 |
2973,25,124 |
|
Profit before tax(1-2) |
238,60,937 |
91,51,639 |
|
Total Tax |
4589631 |
2,389,848 |
|
Profit after tax |
19,271,306 |
67,61,791 |
|
Other Comprehensive Income |
(6,92,406) |
(10,83,974) |
|
Total Comprehensive Income for the period |
185,78,900 |
56,77,817 |
|
Earnings per equity share (EPS) |
825.73 |
252.35 |
DIVIDEND HISTORY -
|
Particulars |
2021 |
2020 |
2019 |
2018 |
|
Dividend (In Rs.) |
50/- |
40/- |
40/- |
25/- |
