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.
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
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: email@example.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
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
% of shares held
Eastern Ghat Renewable Energy Limited
Sun Crop Sciences Private Limited
Kakatiya Industries Private Limited
NCL Green Habitats Private Limited
NCL HOLDINGS (A&S) LIMITED UNLISTED SHARE DETAILS
Total Available Shares:
Rs. 10 Per Equity Share
Last Traded Price:
Rs. 40.49 Crore
(As on 31-03-2020)
No. of Shares
% of total Shares of the company
PROFIT & LOSS STATEMENT OF NCL HOLDINGS (A&S) LIMITED (In Rs. Lakhs)
Revenue from Operations
Profit Before Tax and Exceptional items
Less: Prior Period Adjustments
Profit After Tax (PAT)
Earnings Per Share (EPS) (In Rs.)
BALANCE SHEET OF NCL HOLDINGS (A&S) LIMITED (In Rs. Lakhs)
31st March 2020
31st March 2019
NON CURRENT ASSETS
Goodwill on consolidation
Long term loans and advances
Other noncurrent assets
TOTAL NON CURRENT ASSETS
Cash and cash equivalent
Other current assets
TOTAL CURRENT ASSETS
EQUITY AND LIABILITIES
Equity Share Capital
Reserves and Surplus
NON CURRENT LIABILITIES
Long Term Borrowings
Other long term liabilities
Long term provisions
TOTAL NON CURRENT LIABILITIES
Short term borrowings
Other current liabilities
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (Interim + Final) (In Rs.)
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 in 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.
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