THE DELHI SAFE DEPOSIT COMPANY LIMITED SHARE
ABOUT THE DELHI SAFE DEPOSIT COMPANY LIMITED
THE DELHI SAFE DEPOSIT COMPANY LIMITED is a part of DSD Group. It is a deposit taking non-banking finance company & registered with the Reserve Bank of India. It is engaged in the business of loan financing. Their other business consists of giving lockers on hire, travel agency, tours operators & fully fledged money changer. It has no subsidiaries or branches.
The company provides Safe Deposits Locker facility. It has demonstrated the safe, secure, confidential, professional and congenial manner of its operations & built a reputation with its customers, which is synonymous with Trust.
The company is a registered Non Banking Finance Company (NBFC), and provides Personal loans and corporate loans for various purposes. The company also provides the Fixed Deposits Facility to its customers.
The company has travel arm also, named as “DSD Travels & Tours”. DSD Travels & Tours has been catering to Travel needs of its large clientele since year 2000.
The equity shares of the Company are listed on The Metropolitan Stock Exchange of India.
INCORPORATION DETAILS
CIN | L74899DL1937PLC000478 |
Registration Date | 01 December 1937 |
Category/Sub-category of the Company | Company Limited by Shares |
Address of the Registered office and contact details | 86, Janpath, New Delhi-110001 011-43580400 / 23320084 / 23321902 |
Name, Address and Contact Details of Registrar and Transfer Agent, if any | BigShare Services Pvt. Ltd., 302, Kushal Bazar, 32-33, Nehru Place, New Delhi - 110019. Contact Details : 011-42425004 / 47565852 |
PRINCIPAL BUSINESS ACTIVITES OF THE COMPANY
Name and Description of main products/services | NIC Code of the product/service | % to total turnover of the Company |
Loans & credit facilities | 649 | 72.28% |
Rental of lockers | 774 | 22.97% |
BOARD OF DIRECTORS
Indrajit Seth (Chairman)
Vijay Krishna Shunglu (Director)
Ashok Dayal (Independent Director)
Sarvjeet Seth (Woman Director)
Mahesh Sahai (Independent Director)
Ravi Vira Gupta (Independent Director)
Probir Chandra Sen (Independent Director)
Vijay Kumar Gupta (Managing Director / CEO)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
THE DELHI SAFE DEPOSIT COMPANY LIMITED does not have any subsidiary or associate company.
THE DELHI SAFE DEPOSIT COMPANY LIMITED SHARE DETAILS
Total Available Shares: | 52,23,000 |
Face Value: | Rs. 10 Per Equity Share |
ISIN: | INE639Y01017 |
PAN No. | AAACT1828J |
Lot Size: | 100 Shares |
Current Price: | Rs. 40 |
Market Capitalisation: | Rs. 20.89 Crore |
SHAREHOLDING PATTERN
(As on 31-03-2020)
S. No. | Shareholder’s Name | Number of shares | % of total Shares of the company |
1 | Mr. Indrajit Seth | 31,27,428 | 59.88% |
2 | Mrs. Sarvjeet Seth | 1,82,820 | 3.50% |
3 | Public Shareholding | 19,12,752 | 36.62% |
| Total | 52,23,000 | 100.00% |
INDUSTRY OUTLOOK
India’s financial services sector is a very diversified and comprises various entities such as commercial banks, insurance companies, co-operatives, mutual funds, non-banking financial companies (NBFCs), and other various entities. The share of NBFCs is continuously growing in the financial services industry. As per RBI, NBFCs have outperformed Scheduled Commercial Banks (SCBs) in terms of growth in advances and in asset quality. It is expected that the NBFCs will grow their share in the financial services sector in near future.
The FY 2020 has been one of the most eventful and challenging years that the financial services industry has experienced. The Outbreak of the COVID 19 pandemic across the globe and in India has contributed to a significant decline and volatility in the global and Indian Financial markets and a slowdown in economic activities. Since the duration and magnitude of COVID 19 are still uncertain, it will affect the plans of this industry for FY 2021.
According to ICRA, a rating agency, the NBFC industry is likely to face asset quality pressure in the short term. However, the majority of the NBFC industry will withstand any stress as their collection capacity is improving. Moreover, their balance sheets mention that they are maintaining sufficient liquidity for tackling emergencies.
RBI has announced various measures, as a part of the response to the economic challenge faced by the NBFC industry, to aid the liquidity crisis in the system and to make NBFC work easier. RBI has introduced the Liquidity Coverage Ratio requirement for all types of NBFCs with an asset size of Rs.5000 Crore.
PROFIT & LOSS STATEMENT OF THE DELHI SAFE DEPOSIT COMPANY LIMITED (In Rs. Lakhs)
PARTICULARS | 2021 | 2020 | 2019 | 2018 |
Total Revenue from operations | 618.06 | 907.5 | 984.34 | 963.88 |
EBITDA | -193.87 | 157.08 | 336.36 | 429.34 |
Finance Cost | 115.91 | 143.45 | 150.77 | 163.79 |
Depreciation and amortization expenses | 11.11 | 16.51 | 21.57 | 20.13 |
Other Income | 71.25 | 2.13 | 21.11 | 0.00 |
Profit before tax | -133.73 | 142.7 | 335.90 | 409.21 |
Tax expenses | 35.79 | 36.38 | 100.16 | 159.61 |
Profit after tax | -97.94 | 106.32 | 235.74 | 249.60 |
Earnings Per Share | -1.87 | 2.04 | 4.51 | 57.35 |
BALANCE SHEET OF THE DELHI SAFE DEPOSIT COMPANY LIMITED (In Rs. Lakhs)
PARTICULARS | 31st March 2021 | 31st March 2020 | 31st March 2019 |
ASSETS | |||
FINANCIAL ASSETS | |||
Cash and cash equivalents | 291.33 | 298.96 | 219.72 |
Receivables - Trade | 360.09 | 440.64 | 61.21 |
Other Financial assets | 3,431.14 | 3,763.23 | 4,245.18 |
TOTAL FINANCIAL ASSETS | 4,082.56 | 4,502.83 | 4,526.10 |
NON-FINANCIAL ASSETS | |||
Inventories | 4.69 | 0.00 | 0.00 |
Tax assets | 161.21 | 108.19 | 57.17 |
Property, plant and equipment | 129.38 | 87.32 | 64.58 |
Other intangible assets | 0.77 | 0.57 | 0.72 |
Other non-financial assets | 6.93 | 7.52 | 2.33 |
TOTAL NON FINANCIAL ASSETS | 302.98 | 203.60 | 124.80 |
TOTAL ASSETS | 4,385.54 | 4,706.43 | 4,650.90 |
LIABILITIES AND EQUITY | |||
FINANCIAL LIABILITIES | |||
Trade Payables | 44.09 | 50.55 | 48.52 |
Borrowings (Other debt securities) | 293.49 | 381.15 | 443.03 |
Deposits | 848.72 | 1,045.34 | 1,068.78 |
Other financial liabilities | 434.15 | 429.52 | 471.64 |
TOTAL FINANCIAL LIABILITIES | 1,620.45 | 1,906.56 | 2,031.97 |
NON FINANCIAL LIABILITIES | |||
Provisions | 180.74 | 94.64 | 61.11 |
Other non financial liabilities | 29.05 | 27.15 | 31.06 |
TOTAL NON FINANCIAL LIABILITIES | 209.79 | 121.80 | 92.17 |
EQUITY | |||
Equity share capital | 522.30 | 522.30 | 522.30 |
Other Equity | 2033 | 2,155.78 | 2,004.46 |
TOTAL EQUITY | 2,555.30 | 2,678.08 | 2,526.76 |
TOTAL LIABILITIES AND EQUITY | 4,385.54 | 4,706.43 | 4,650.90 |
DIVIDEND HISTORY
Particulars | 2020 | 2019 | 2018 |
Dividend (final + interim) (In Rs.) | 0.234 | 0.234 | 2.80 |
PERFORMANCE OF THE COMPANY
Revenue from Operations of the company decreased by 31.89% from Rs. 907.5 lakhs in FY 2020 to Rs. 618.06 lakhs in FY 2021.
The Public Deposits accepted by the Company stood at Rs. 868.68 lakhs as at March 31, 2020 as against Rs. 897.86 lakhs as of 31st March 2019.
EBITDA of the company turned from a profit of Rs. 157.08 lakhs in FY 2020 to a loss of Rs. 193.87 lakhs in FY 2021.
The company incurred a net loss of Rs. 133.73 lakhs in FY 2021, as against a profit of Rs. 142.7 lakhs in FY 2020.
The company has given a dividend of Rs. 0.234 per equity share for FY 2020.
The book value of the company as of 31st March 2021 was Rs. 48.92 per equity share.
2020
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