Join our Whatsapp Community for Daily Price Sheets and News

Premier Cryogenics Limited Unlisted Shares

Annual Report: 2022

Year: 2022

Annual Report Summary

Premier Cryogenics Ltd. Standalone Financial Results (Audited) for the quarter and year ended March 31, 2022.

1. Financial Performance:

  • Income from Operations:

    • Net sales/income from operations increased from ₹1665 lakhs in Q3 FY21 to ₹2446 lakhs in Q4 FY22 and increased from ₹5160 lakhs in FY21 to ₹9348 lakhs in FY22.
    • Other operating income decreased from ₹44 lakhs in Q3 FY21 to ₹41 lakhs in Q4 FY22 and decreased from ₹521 lakhs in FY21 to ₹176 lakhs in FY22.
    • Total income from operations (net) increased from ₹1709 lakhs in Q3 FY21 to ₹2487 lakhs in Q4 FY22 and increased from ₹5681 lakhs in FY21 to ₹9524 lakhs in FY22.
  • Expenses:

    • Total expenses increased from ₹1321 lakhs in Q3 FY21 to ₹2133 lakhs in Q4 FY22 and increased from ₹4675 lakhs in FY21 to ₹7341 lakhs in FY22.
    • Major expense categories include cost of materials consumed, purchases (stock in trade and construction work), changes in inventories, employee benefit expenses, depreciation, power cost, distribution expenses, and other expenditures.
  • Profitability:

    • Profit/Loss from operations before other income, finance costs and exceptional items increased from ₹388 lakhs in Q3 FY21 to ₹354 lakhs in Q4 FY22 and increased from ₹1006 lakhs in FY21 to ₹2183 lakhs in FY22.
    • Profit/Loss from ordinary activities before finance costs and exceptional items increased from ₹411 lakhs in Q3 FY21 to ₹373 lakhs in Q4 FY22 and increased from ₹1220 lakhs in FY21 to ₹2380 lakhs in FY22.
    • Net profit/loss from ordinary activities after tax increased from ₹239 lakhs in Q3 FY21 to ₹258 lakhs in Q4 FY22 and increased from ₹718 lakhs in FY21 to ₹1639 lakhs in FY22.
  • Earnings Per Share (EPS):

    • Basic & Diluted EPS (before extraordinary items, not annualised) increased from ₹4.86 in Q3 FY21 to ₹5.24 in Q4 FY22 and increased from ₹14.57 in FY21 to ₹33.31 in FY22.

2. Shareholding Pattern:

  • Public Shareholding:
    • Number of shares held by the public is 1,263,600, constituting 25.66% of the total share capital.
  • Promoter & Promoter Group Shareholding:
    • Non-encumbered shares: 3,660,300, representing 100% of promoter holding and 74.34% of the total share capital.

3. Investor Complaints:

  • No investor complaints were pending at the beginning or end of the quarter. No complaints were received or disposed of during the year.

4. Additional Information:

  • The company operates in a single business segment: industrial gas.
  • The Board of Directors recommended a dividend of ₹1.50 per equity share (15%) for the year ended March 31, 2022.
  • The financial results are subject to limited review by the Statutory Auditors.
  • The above results were reviewed by the Audit Committee and taken on record by the Board at their meetings held on May 27, 2022.

Consolidated Financial Results (Audited) for the Quarter and Year Ended March 31, 2022

  • Note 4: The company's wholly owned subsidiary is not in active operation and hence there is no difference between the consolidated and standalone total income during the period.

Balance Sheet as of March 31, 2022 (Standalone & Consolidated)

  • Assets:
    • Total Assets were ₹105.11 crores (standalone) and ₹105.08 crores (consolidated).
    • Non-current assets comprised property, plant and equipment, intangible assets, and financial assets (investments and other).
    • Current assets comprised inventories, financial assets (investments, trade receivables, cash and cash equivalents, bank balances, and other current assets.
  • Equity and Liabilities:
    • Total Equity was ₹75.66 crores (standalone) and ₹75.63 crores (consolidated).
    • Equity Share Capital was ₹5.01 crores and Other Equity was ₹70.65 crores (standalone) and ₹70.62 crores (consolidated).
    • Non-current liabilities consisted of borrowing, provisions, deferred tax liabilities and other non-current liabilities.
    • Current liabilities consisted of borrowing, trade payables, other current financial liabilities, other current liabilities, provisions, and current tax liabilities (net).

Our Blogs

Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.

FAQ's

What are unlisted shares?

+

Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.

How can I buy unlisted shares?

+

You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.

What is the share price of unlisted companies?

+

The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.

Are unlisted shares a good investment?

+

Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.

How can I sell unlisted shares?

+

To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.

What are the risks of investing in unlisted shares?

+

Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.

What is the share price of unlisted companies?

+

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

How do I know the current value of unlisted shares?

+

The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.

Is there a minimum investment amount for unlisted shares?

+

The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.

Can I get a dividend from unlisted shares?

+

Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.

How do I know which unlisted shares are worth investing in?

+

It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.

Are unlisted shares taxed?

+

Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

WhatsAppContact Us