About Winmore Leasing and Holdings Limited Unquoted/ Illiquid Shares
Winmore Leasing And Holdings Limited is a Public incorporated on 26 May 1984. It is classified as Non-govt Company and is registered at Registrar of Companies, Mumbai. The Company is engaged in the business of Leasing, Investment and Trading. The Company was incorporated to carry on business of finance and trading, hire purchase, leasing and to finance lease operations, construction-development activity and other related/ ancillary activities. After acquisition of controlling share in West Pioneer Properties (India) Pvt Ltd [WPP(I)PL] in March 2014 and consequently coming to become the holding company of WPP(I)PL, our main business now relates to construction-development which includes putting up and management of commercial malls.
INCORPORATION DETAILS
|
CIN |
L67120MH1984PLC272432 |
|
Registration Date |
26 May 1984 |
|
Category/Sub-category of the Company |
Limited by Shares/ Non-govt company |
|
Address of the Registered office and contact details |
Winmore Leasing and Holdings Limited, ‘Ashiana’, 69-C, Bhulabhai Desai Road, Mumbai - 400026 |
|
Name, Address and Contact Details of Registrar and Transfer Agent, if any |
Link Intime India Private Limited C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400 083 Phone : +91 22 49186270 |
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 |
|
Leasing |
77303 |
73.31% |
|
Investing |
64910 |
26.69% |
BOARD OF DIRECTORS
Mr. Anil Gupta, Independent & Non-Executive
Mr. Nitin Vasant Mhatre, Executive Director
Mr. Shyam Ramsharan, Independent & Non-Executive
Mrs. Smita Shailesh Achrekar, Non Independent & Non-Executive
Mr. Sunil Modi, Chief Financial Officer & Manager
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
|
S. No. |
Name of the Entities |
Relation |
|
1. |
West Pioneer Properties (India) Private Limited |
Subsidiary |
|
2. |
Westfield Entertainment Private Limited |
Step down Subsidiary |
|
3. |
Hardcastle & Waud Mfg Co. Ltd |
Associate |
SHAREHOLDING PATTERN (As of 30-06-2022)
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
7,48,701 |
74.95% |
|
2. |
Public Shareholding |
2,50,224 |
25.05% |
|
|
Total |
9,98,925 |
100.00% |
PROFIT & LOSS STATEMENT OF WINMORE LEASING AND HOLDINGS LIMITED (In Rs. Hundreds)
|
PARTICULARS |
2022 |
2021 |
2020 |
|
Revenue from Operations |
23,55,427.32 |
17,80,112.42 |
34,14,649.17 |
|
EBITDA |
6,78,101.38 |
(21667.52) |
(13,57,257.88) |
|
EBITDA margins |
28.78% |
(1.21)% |
(39.74)% |
|
Finance Cost |
12,50,878.54 |
13,61,245.41 |
16,05,347.32 |
|
Depreciation |
8,30,740.33 |
8,48,405.93 |
8,60,050.78 |
|
Other Income |
92,164.93 |
2,27,107.06 |
97,986.49 |
|
Profit/Loss before Exceptional items and Tax |
(15,12,442.08) |
(14,84,127.08) |
(24,98,075.65) |
|
Exceptional items |
(1,56,788.19) |
7,46,728.95 |
13,28,471.58 |
|
Total Tax |
1,44,040.96 |
13,979.41 |
(3345.6) |
|
Profit After Tax (PAT) |
(14,99,694.85) |
(22,44,835.44) |
(38,23,201.63) |
|
PAT Margin |
(63.67)% |
(126.10)% |
(111.96)% |
|
EPS |
(150.13) |
(224.80) |
(390.26) |
BALANCE SHEET OF WINMORE LEASING AND HOLDINGS LIMITED (In Rs. Hundreds)
|
PARTICULARS |
31st March 2022 |
31st March 2021 |
31st March 2020 |
|
ASSETS |
|||
|
NON FINANCIAL ASSETS |
|||
|
Property, Plant & Equipment |
94,68,082.46 |
1,12,03,341.73 |
1,62,95,967.36 |
|
Capital Work in Progress |
- |
53,554.68 |
5,50,970.60 |
|
Inventories |
2,78,55,164.20 |
2,56,33,484.36 |
2,38,61,577.92 |
|
Other non-financial assets |
5,17,921.24 |
5,69,341.61 |
5,13,946.69 |
|
TOTAL NON FINANCIAL ASSETS |
3,81,88,747.44 |
3,81,20,831.16 |
4,22,61,533.76 |
|
FINANCIAL ASSETS |
|||
|
Trade receivables |
19,34,840.71 |
24,25,190.73 |
19,79,293.72 |
|
Cash and cash equivalent |
4,15,355.14 |
11,69,721.36 |
2,40,127.39 |
|
Other Financial assets |
1,72,402.16 |
2,14,183.97 |
1,57,358.73 |
|
TOTAL FINANCIAL ASSETS |
29,32,784.52 |
41,74,923.25 |
41,68,002.76 |
|
TOTAL ASSETS |
4,11,21,531.96 |
4,22,95,754.41 |
4,64,29,536.52 |
|
EQUITY AND LIABILITIES |
|||
|
EQUITY |
|||
|
Equity Share Capital |
99,892.50 |
99,892.50 |
99,892.50 |
|
Other Equity |
3,50,090.57 |
20,94,149.06 |
42,62,146.67 |
|
TOTAL EQUITY |
4,49,983.07 |
21,94,041.56 |
43,62,039.17 |
|
LIABILITIES |
|||
|
NON FINANCIAL LIABILITIES |
|||
|
Provisions |
37,669.28 |
32,736.19 |
42,833.07 |
|
Other non-financial liabilities |
1,04,34,171.82 |
1,06,62,232.74 |
77,88,097.64 |
|
TOTAL NON FINANCIAL LIABILITIES |
1,04,71,841.10 |
1,06,94,968.93 |
78,30,930.71 |
|
FINANCIAL LIABILITIES |
|||
|
Borrowings |
1,44,90,703.32 |
1,41,30,836.20 |
1,84,77,427.84 |
|
Trade Payables |
9,97,761.02 |
6,03,670.40 |
7,28,582.97 |
|
Other Financial Liabilities |
13,38,681.03 |
13,46,275.70 |
14,19,246.19 |
|
TOTAL FINANCIAL LIABILITIES |
2,95,10,285.49 |
2,86,42,192.51 |
3,34,37,036.30 |
|
TOTAL EQUITY AND LIABILITIES |
4,11,21,531.96 |
4,22,95,754.41 |
4,64,29,536.52 |
DIVIDEND HISTORY
|
Particulars |
2022 |
2021 |
2020 |
|
Dividend (final + interim) (In Rs.) |
- |
- |
0.20 |
|
Retained Earnings (In Rs.) |
(2,08,13,08,281) |
(1,93,81,11,173) |
(1,77,91,77,711) |
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company increased by 32.31% from Rs. 17,80,11,242 in FY 2021 to Rs. 23,55,42,732 in FY 2022.
EBITDA of the company increased by 3229.57% from Rs. (21,66,752) in FY 2021 to Rs. 6,78,10,138 in FY 2022.
Total borrowings of the company increased from Rs. 1,41,30,83,620 as of 31st March 2021 to Rs. 1,44,90,70,332 as of 31st March 2022. Due to this, Finance cost of the company decreased by 8.10% from Rs. 13,61,24,541 to Rs. 12,50,87,854.
Net Loss of the company stood Rs. (22,44,83,544) in FY 2021 against Net Loss of Rs. (14,99,69,485) in FY 2022 showing a growth of 33.19%.
The Current Ratio of the company as of 31st March 2022 was 8.76.
The Debt to Equity Ratio of the company as of 31st March 2022 was 23.27.
The book value of the company as of 31st March 2022 was Rs. 45.04.
