Financial Year: 2024
Thalappakatti Hotels Private Limited Consolidated Balance Sheet as of March 31, 2024, shows total equity and liabilities of INR 2,319.82 million, compared to INR 2,266.73 million the previous year. Shareholders' funds total INR 1,116.42 million (INR 1,119.93 million in 2023), with share capital remaining at INR 99.34 million and reserves and surplus at INR 1,017.08 million (INR 1,020.59 million in 2023). Minority interest is INR 62.26 million, up from INR 55.85 million. Non-current liabilities amount to INR 226.72 million, significantly higher than INR 98.39 million in the previous year, mainly due to an increase in long-term borrowings (INR 86.51 million vs. INR 16.77 million). Current liabilities are INR 914.42 million, lower than INR 992.56 million in 2023, with short-term borrowings at INR 337.36 million (down from INR 435.84 million) and trade payables totaling INR 331.31 million (INR 315.20 million in 2023).
Total assets include non-current assets of INR 1,890.90 million (INR 1,816.27 million in 2023), with property, plant, and equipment and intangible assets totaling INR 1,330.74 million. Current assets are INR 428.92 million, lower than INR 450.46 million in 2023, including inventories of INR 57.89 million and cash and bank balances of INR 266.82 million.
The company's consolidated statement of profit and loss for the year ended March 31, 2024, shows total income of INR 4,081.51 million (compared to INR 3,682.85 million in 2023), including revenue from operations of INR 4,042.77 million and other income of INR 38.74 million. Total expenses amounted to INR 4,068.66 million, resulting in a profit before tax of INR 12.85 million (compared to a loss of INR 260.10 million in 2023). After accounting for tax expenses and share in profit of associates, the profit for the year is INR 32.94 million (compared to a loss of INR 209.49 million in 2023). Earnings per equity share are INR 0.39 (compared to negative INR 2.075 in 2023).
The company's accounting policies indicate that consolidated financial statements are prepared according to Indian GAAP and on a going concern basis. The company is engaged in running restaurants in various locations. The going concern assumption is based on projections indicating cash profit generation and a letter of support from the Holding Company. The company has subsidiaries including Varanam Hospitality Private Limited and Thalappakatti Naidu Ananda Vilas Biryani Hotels LLP, and associates including Heritage Biriyani Inc. and Deccan Arromas Sdn. Bhd.
Access essential information and documents to make informed investment decisions
Stay updated with upcoming events, conferences, and announcements
Access quarterly and half-yearly financial statements and reports
Download comprehensive annual reports and financial summaries
Access investor presentations, corporate briefings, and slideshows
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
