Karnimata cold storage
•Download as PPTX, PDF•
1 like•197 views
Karnimata Cold Storage is a company incorporated in 2011 in West Bengal, India that stores potatoes. It has an authorized capital of 1 crore rupees and a licensed storage capacity of 181,000 quintals. The document discusses the company's promoters, major competitors in the industry, its initial public offering in 2014, financial results showing increased profits, and challenges around investments, power supply, and farmer awareness. It concludes by recommending that the government support cold storage industries and that Karnimata focus on corporate social responsibility activities.
Convert to study guideBETA
Transform any presentation into a summarized study guide, highlighting the most important points and key insights.
Karnimata cold storage
- 1. KARNIMATA COLD STORAGE Submitted by: Suvrat Goel Section- F2 Roll No- 436
- 2. Introduction • Cold Storage company • Into the business of storage of Potato's • Situated in West Medinipur, West Bengal • Incorporated on 29th April 2011 • Authorized capital of 1 crore and further increased to 8 crore • Licensed storage capacity of 1,81,000 quintals. • Storage increased to 75,000 quintals in financial year 2013-14 12/10/2016Suvrat Goel(436) 2
- 3. Company Promoters The promoters of the company are: 1. Mr. Pradip Lodha; 2. Mrs. Sushila Lodha; 3. Mrs. Asha Ladia; 4. M/s. Pratyush Mercantile Pvt Ltd 5. SRG Trading Pvt Ltd. 12/10/2016Suvrat Goel(436) 3
- 4. Major Competitors • Adani Agro Ltd. • Coldex Logistics Pvt. Ltd. • Indira Container Ltd. • Konkan Storage Systems • New Mount TRDG & Invst. Co. Ltd • HMG Industries Ltd • G Claridge & Co. Ltd 12/10/2016Suvrat Goel(436) 4 44% 35% 6% 4% 2% 9% Market Share Adani Agri-Logistics Ltd. Coldex Logistics Pvt. Ltd. D T D C Supply Chain Solutions Ltd. H M G Industries Ltd. Karnimata Cold Storage Ltd. Others
- 5. IPO • Issue open on 25 February 2014 • Issued 15,18,000 shares of Rs.10 each and Rs.10 security premium • Listed on BSE • Current price of share is Rs. 10.40 • IPO was done to expand business • To increase the capacity of cold storage 12/10/2016Suvrat Goel(436) 5
- 6. Financial Result Particulars 31st March 2016 31st March 2015 Profit before tax 8.56 6.29 Provision for Taxation -1.64 -1.21 MAT credit 1.35 1.21 Profit after tax 8.28 6.29 Profit brought forward 20.37 14.08 Balance 28.55 20.37 12/10/2016Suvrat Goel(436) 6
- 7. 1.568 1.345 1.376 1.179 0 0.5 1 1.5 2 2011-12 2012-13 2013-14 2014-15 Net Profit Ratio 12/10/2016Suvrat Goel(436) 7 Net Profit Ratio
- 8. 12/10/2016Suvrat Goel(436) 8 Earning Per Share 0 0.05 0.1 0.15 0.2 2011-12 2012-13 2013-14 Earning Per Share
- 9. 12/10/2016Suvrat Goel(436) 9 Debt-Equity Ratio 0 0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 1.8 2011-12 2012-13 2013-14 2014-15 Debt-Equity Ratio
- 10. Corporate Social Responsibility- Suggestions • Educating farmers • Using solar power • Educating children • Water harvesting plant • Provide a safe and healthy environment to employees 12/10/2016Suvrat Goel(436) 10
- 11. Problems Faced • Huge investments • Loose connection from the power source • Unsuitable line voltage • Transportation • Land requirements • Awareness among farmers • Lack of support by government 12/10/2016Suvrat Goel(436) 11
- 12. Conclusion • Government should support the cold storage industry 1. Subsidy 2. Low rate of interest • Karnimata cold storage should allocate funds properly • Awareness among farmers about cold storage • Starting CSR activity which will help in attracting stakeholders and increase in goodwill of the firm 12/10/2016Suvrat Goel(436) 12