About MPL Enterprises Limited
MPL Enterprises Limited is located in Manipal, Karnataka, and was established in the year 1990. The Company was first incorporated as ‘MPL Finance and Leasing Company Limited. However, in 1999, the scheme of Arrangement passed between MPL Finance and Leasing Company Limited, and ICDS Limited, by Honorable High Court of Karnataka, property business of ICDS Ltd, was vested with the Company and the name of the Company was changed to “MPL Enterprises Limited”.
The company is part of the Pai group of Manipal, which has well established itself in the field of Education, Banking, Printing & Publishing, Hospitality, Health care, and other service industry.
Today, the company earns revenue by letting out of properties in various locations, and fee-based activities such as Foreign Exchange (Retail), Money Transfer, etc. The company has established itself in the existing business and looking for new areas of Business for generating additional Revenue. The company has also started a share broking business by registering as an Authorized Person of BSE & NSE to deal in Capital Market, futures and Options, Currency Derivatives and Commodity Derivatives, etc.
The company has required infrastructure & trained manpower in various locations like Bangalore, Secunderabad, Coimbatore, and Mangalore to undertake any business activity.
09 November 2004
Category/Sub-category of the Company
Limited by shares
Address of the Registered office and contact details
Manipal – 576 104,
Name, Address and Contact Details of
Registrar and Transfer Agent, if any
NIL (will be done in-house)
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
Dealing in immovable properties
Money Exchange Business
BOARD OF DIRECTORS
Sri Tonse Satish Upendra Pai (Chairman)
Sri H N Seshagiri Rao (Director-Operations)
Mr. P Vaman Mallya (Director)
Mr. K Umesh KIni (Director)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
Name of the Company
% of shares held
Manipal Insurance Services Limited
MPL ENTERPRISES LIMITED UNLISTED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Last Traded Price
Rs. 14.20 Crore
(As on 31-03-2020)
Number of shares
% of total Shares of the company
T Satish U Pai (Promoter)
T Ashok Pai (Promoter)
Ramdas M Pai (Promoter)
Vijayalaxmi N Pai (Promoter)
Real estate is a sector that is recognized globally in almost every nation. It comprises 4 sub-sectors – retail, housing, commercial, and hospitality. The growth of the real estate industry is dependent mainly on the growth of the corporate environment and demand for offices as well as on residential accommodations. The real estate sector in India is the 2nd highest employment generation industry.
The real estate market of India is expected to grow from US$ 120 billion in 2017 to US$ 1 trillion by 2030 and will contribute around 13% to the GDP of India by 2025. The real estate sector in India has recently witnessed high growth due to the rise in demand for offices as residential spaces. The sector has attracted institutional investments of US$ 5 billion in 2020. Rapid urbanization in the country is the main reason for the massive growth of real estate.
The year 2020, brought very hard pain and distress in the real estate sector. All the real estate-related activities stopped in late March 2020 due to lockdown. Although as the economy started to unlock, the construction activities were very less due to shortage of labor. However, during the festival season from October 2020, housing sales began to speed up. Home sales volume jumped by 2 times to 61,593 units from October 2020 to December 2020, compared to 33,403 units from July 2020 to September 2020, signaling recovery after the lockdown imposed due to the spread of COVID 19 in the country.
PROFIT & LOSS STATEMENT OF MPL ENTERPRISES LIMITED (In Rs. Lakhs)
Revenue from Operations
Profit Before Tax
Profit After Tax (PAT)
BALANCE SHEET OF MPL ENTERPRISES LIMITED (In Rs. Lakhs)
31st March 2020
31st March 2019
NON CURRENT ASSETS
Property, Plant & Equipment
Long-term loans and advances
Other noncurrent assets
TOTAL NON CURRENT ASSETS
Cash and cash equivalent
Short term Loans and Advances
Other current assets
TOTAL CURRENT ASSETS
EQUITY AND LIABILITIES
Equity Share Capital
Reserves and surplus
NON CURRENT LIABILITIES
Other non-current liabilities
TOTAL NON CURRENT LIABILITIES
Other current liabilities
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (final + interim) (In Rs.)
PERFORMANCE OF THE COMPANY
Revenue from Operations increased significantly by 109.23% from Rs. 497.83 lakhs in FY 2019 to Rs. 1,041.64 lakhs in FY 2020.
EBITDA of the company increased by 268.32% from Rs. 142.55 lakhs in FY 2019 to Rs. 525.02 lakhs in FY 2020. EBITDA margins of the company improved from 28.17% in FY 2019 to 49.88% in FY 2020.
Net Profit of the company increased significantly by 781.57% i.e. from Rs. 39.48 lakhs in FY 2019 to Rs. 348.06 lakhs in FY 2020. PAT margin improved from 7.80% in FY 2019 to 33.07% in FY 2020.
The Current Ratio of the company as of 31st March 2020 was 29.99.
The debt to equity ratio of the company as of 31st March 2020 was 0.32.
Book value per share of the company as on 31st March 2020 stood at Rs. 36.27.
Powered by Froala Editor