| Equity History |
| |
| Date |
Equity Capital |
Reason |
Remark |
| 30-04-2010 |
4.91 |
Pursuant to the Scheme of Amalgamation |
4,90,81,581 Equity Shares of Re. 1 each |
| 13-08-2009 |
4.44 |
Pursuant to Scheme of Amalgamation |
4,43,84,448 Equity Shares of Re. 1 each |
| 20-04-2009 |
2.61 |
Conversion of Preference Shares |
26,050,148 Equity Shares of Re. 1 each |
| 25-10-2005 |
1.25 |
Scheme of Arrangement |
1,25,00,000 Equity shares of Re.1 each |
| 04-11-1995 |
8.31 |
Public Issue |
83,11,300 Equity shares of Rs. 10 each |
| 31-03-1995 |
4.25 |
Issued to Promoters |
|
| 31-03-1994 |
1.49 |
As per Annual Report |
|
| Unaudited Standalone and Consolidated Financial Results for the Quarter Ended 31st March 2010. |
| |
(Rs. in Lakhs) |
| Sr. No. |
Particulars |
Consolidated |
Standalone |
| Quarter ended on |
Year Ended 31.03.2010 (Unaudited) |
Previous year ended 31.03.2009 (Audited) |
Quarter ended on |
Year Ended 31.03.2010 (Unaudited) |
Previous year ended 31.03.2009 (Audited) |
| 31.03.2010 (Unaudited) |
31.03.2009 (Unaudited) |
31.03.2010 (Unaudited) |
31.03.2009 (Unaudited) |
| 1. |
a. Net Sales / Income from Operations |
180.67 |
N.A. |
502.76 |
213.54 |
133.85 |
56.99 |
401.15 |
155.56 |
| |
b. Other Operating Income |
1.80 |
N.A. |
7.42 |
5.27 |
1.80 |
0.38 |
7.42 |
5.18 |
| |
Total Operating Income |
182.47 |
N.A. |
510.18 |
218.81 |
135.65 |
57.37 |
408.57 |
160.74 |
| 2. |
Expenditure: |
|
|
|
|
|
|
|
|
| |
a. (Increase) / Decrease in stock in trade and work in progress |
0.00 |
N.A. |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
b. Consumption of Raw Materials |
51.69 |
N.A. |
152.16 |
83.51 |
27.59 |
3.98 |
76.27 |
26.15 |
| |
c. Purchase of Traded Goods |
0.00 |
N.A. |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
d. Employees Cost |
29.59 |
N.A. |
103.60 |
106.81 |
22.86 |
31.76 |
83.07 |
91.51 |
| |
e. Depreciation |
54.73 |
N.A. |
188.86 |
76.46 |
30.80 |
39.29 |
118.30 |
71.54 |
| |
f. Other Expenditure |
59.84 |
N.A. |
143.57 |
300.19 |
34.57 |
37.27 |
107.17 |
248.86 |
| |
Power & Fuel |
29.36 |
N.A. |
119.98 |
57.28 |
25.64 |
21.47 |
112.50 |
55.09 |
| |
Total Expenditure |
225.21 |
N.A. |
708.17 |
624.25 |
141.46 |
133.77 |
497.31 |
493.15 |
| 3. |
Profit (+) / Loss (-) from Operations before Other Income, Interest and Exceptional Items (1 - 2) |
(42.74) |
N.A. |
(197.99) |
(405.44) |
(5.81) |
(76.40) |
(88.74) |
(332.41) |
| 4. |
Other Income |
4.76 |
N.A. |
21.46 |
417.00 |
2.96 |
116.72 |
3.21 |
401.80 |
| 5. |
Profit (+) / Loss (-) before Interest and Exceptional Items (3+4) |
(37.98) |
N.A. |
(176.53) |
11.56 |
(2.85) |
40.32 |
(85.53) |
69.39 |
| 6. |
Interest |
53.68 |
N.A. |
204.85 |
182.31 |
38.26 |
40.33 |
156.71 |
175.85 |
| 7. |
Profit (+) / Loss (-) after Interest but before Expeceptional Items (5-6) |
(91.66) |
N.A. |
(381.38) |
(170.75) |
(41.11) |
(0.01) |
(242.24) |
(106.46) |
| 8. |
Exceptional Items |
0.00 |
N.A. |
0.00 |
0.00 |
0.00 |
(51.89) |
0.00 |
0.00 |
| 9. |
Profit (+) / Loss (-) from Ordinary Activities before tax (7+8) |
(91.66) |
N.A. |
(381.38) |
(170.75) |
(41.11) |
(51.90) |
(242.24) |
(106.46) |
| 10. |
Tax Expenses |
6.76 |
N.A. |
6.76 |
2.61 |
0.00 |
0.90 |
0.00 |
0.58 |
| 11. |
Net Profit (+) / Loss (-) from Ordinary Activities after tax (9-10) |
(98.42) |
N.A. |
(388.14) |
(173.36) |
(41.11) |
(52.80) |
(242.24) |
(107.04) |
| 12. |
Extraordinary Items (Net of Tax Expenses) |
0.00 |
N.A. |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| 13. |
Net Profit (+) / Loss (-) for the Period (11-12) |
(98.42) |
N.A. |
(388.14) |
(173.36) |
(41.11) |
(52.80) |
(242.24) |
(107.04) |
| 14. |
Less: Share of Profit/(Loss) of Minority Interest of Subsidiary Company |
(26.61) |
N.A. |
(67.74) |
(30.79) |
N.A. |
N.A. |
N.A. |
N.A. |
| 15. |
Net Profit (+) / Loss (-) after Minority Interest (13 - 14) |
(71.81) |
N.A. |
(320.40) |
(142.57) |
(41.11) |
(52.80) |
(242.24) |
(107.04) |
| 16. |
Paid-up Equity Share Capital (Face Value of Re. 1/- per share) |
443.84 |
N.A. |
443.84 |
125.00 |
443.84 |
125.00 |
443.84 |
125.00 |
| 17. |
Reserves Excluding Revaluation Reserves as per balance sheet of previous accounting year |
|
|
|
1,583.35 |
|
|
|
1,588.12 |
| 18. |
Earning Per Share (EPS) (in Rs.) |
|
|
|
|
|
|
|
|
| |
a) Basic & diluted EPS before Extraordinary Items
for the period, for the year to date and for the
previous year |
|
|
|
|
|
|
|
|
| |
- Basic |
(0.22) |
N.A. |
(0.87) |
(1.39) |
(0.09) |
(0.42) |
(0.55) |
(0.86) |
| |
- Diluted |
(0.22) |
N.A. |
(0.87) |
(1.39) |
(0.09) |
(0.42) |
(0.55) |
(0.86) |
| |
b) Basic & diluted EPS after Extraordinary Items
for the period, for the year to date and for the previous year |
|
|
|
|
|
|
|
|
| |
- Basic |
(0.16) |
N.A. |
(0.72) |
(1.14) |
(0.09) |
(0.42) |
(0.55) |
(0.86) |
| |
- Diluted |
(0.16) |
N.A. |
(0.72) |
(1.14) |
(0.09) |
(0.42) |
(0.55) |
(0.86) |
| 19. |
Public Shareholding : |
|
|
|
|
|
|
|
|
| |
- No of Shares |
11,096,792 |
4,540,200 |
11,096,792 |
4,540,200 |
11,096,792 |
4,540,200 |
11,096,792 |
4,540,200 |
| |
- % of Shareholdings |
25.00 |
36.32 |
25.00 |
36.32 |
25.00 |
36.32 |
25.00 |
36.32 |
| 20. |
Promoters & Promoter Group Shareholding : |
|
|
|
|
|
|
|
|
| |
a. Pledged / Encumbered |
|
|
|
|
|
|
|
|
| |
- Number of shares |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
| |
- Percentage of shares ( as a % of the total shareholding of promoter and promoter group) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
- Percentage of shares (as a % of the total share capital of the company) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| |
b. Non-encumbered |
|
|
|
|
|
|
|
|
| |
- Number of shares |
33,287,656 |
7,959,800 |
33,287,656 |
7,959,800 |
33,287,656 |
7,959,800 |
33,287,656 |
7,959,800 |
| |
- Percentage of shares ( as a % of the total shareholding of promoter and promoter group) |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
| |
- Percentage of shares (as a % of the total share capital of the company) |
75.00 |
63.68 |
75.00 |
63.68 |
75.00 |
63.68 |
75.00 |
63.68 |
| |
|
|
|
|
|
|
|
|
|
| Unaudited Consolodated Segment wise Revenue, Results and Capital Employed under Clause 41 of Listing Agreement |
| |
| Sr. No. |
Particulars |
Quarter ended on |
Year ended 31.03.2010 (Unaudited) |
Previous year ended 31.03.2009 (Audited) |
| 31.03.2010 (Unaudited) |
31.03.2009 (Unaudited) |
| 1. |
SEGEMENT REVENUE |
|
|
|
|
| |
a. Hospitality |
135.65 |
N.A. |
408.57 |
160.74 |
| |
b. Engineering |
46.82 |
N.A. |
101.61 |
57.98 |
| |
c. Securities Trading |
-- |
N.A. |
16.16 |
363.29 |
| |
d. Others |
4.76 |
N.A. |
5.30 |
53.79 |
| |
Total |
187.23 |
-- |
531.64 |
635.80 |
| |
Less: Inter Segment Revenue |
-- |
-- |
-- |
-- |
| |
Net Sales/Income from Operations |
187.23 |
-- |
531.64 |
635.80 |
| 2. |
SEGMENT RESULTS
(Profit(+)/Loss(-) before tax and interest from Each Segment) |
|
|
|
|
| |
a. Hospitality |
(0.15) |
N.A. |
(62.41) |
(84.87) |
| |
b. Engineering |
(36.93) |
N.A. |
(109.25) |
(72.49) |
| |
c. Securities Trading |
-- |
N.A. |
16.16 |
283.22 |
| |
d. Others |
4.76 |
N.A. |
5.30 |
51.88 |
| |
Total |
(32.32) |
-- |
(150.20) |
177.74 |
| |
Less: |
|
|
|
|
| |
1) Interest |
53.68 |
N.A. |
204.85 |
182.42 |
| |
2) Other Unallocable Expenditure net off |
5.66 |
N.A. |
26.33 |
166.07 |
| |
3) Unallocable Income |
-- |
N.A. |
-- |
-- |
| |
Total Profit Before Tax |
(91.66) |
-- |
(318.38) |
(170.75) |
| 3. |
CAPITAL EMPLOYED |
|
|
|
|
| |
(Segment Assets Less Segment Liabilities) |
|
|
|
|
| |
a. Hospitality |
2,112.09 |
N.A. |
2,112.09 |
2,086.39 |
| |
b. Engineering |
163.67 |
N.A. |
163.67 |
256.09 |
| |
c. Securities Trading |
-- |
N.A. |
-- |
200.00 |
| |
d. Others |
55.17 |
N.A. |
55.17 |
106.69 |
| |
Total Capital Employed |
2,330.93 |
-- |
2,330.93 |
2,649.17 |
| |
| Notes: |
| 1. |
The above results for the quarter ended 31st March 2010 were reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on 30th April 2010. The Statutory Auditors have carried out a Limited Review of the above financial results. |
| 2. |
The status of Investors' Grievances for the Quarter ended on 31st March 2010: |
| |
Opening balance (01/01/2010) - Nil |
| |
Received during the quarter-Nil, Redressed during the quarer-Nil |
| |
Closing balance (31/03/2010) - Nil |
| 3. |
'Figures of the previous quarter / year have been regrouped or rearranged wherever necessary. |
| 4. |
The Company operates in a single business segment namely " Hospitality". |
| 5. |
The Consolidated Financial Results for quarter ended 31st March 2010 include the results of Malkan Engineering Pvt. Ltd., a subsidiary company. Consolidated figures for corresponding Quarter Ended 31st March 2009 are not given as Malkan Engineering Pvt. Ltd. became a subsidiary of the company w.e.f. 10th February 2009 and their figures for quarter ended 31st March 2009 are not available. |
| |
|
| |
| |
For Vedant Hotels Limited |
| Place: Pune. |
Ramesh Havele |
| Date: 30th April 2010. |
Chairman and Managing Director |
|
| Last Six Years' Summary of selected Financial Data |
| (Rs. in Crores) |
| Particulars |
2003-04 |
2004-05 |
2005-06 |
2006-07 |
2007-08 |
2008-09$ |
AAGR* % |
Standard Deviation |
| Total Income from Operations |
0.002 |
3.74 |
2.62 |
2.83 |
4.49 |
6.36 |
20 |
39 |
| Profit Before Depreciation and Interest |
(0.03) |
2.28 |
2.39 |
2.39 |
4.02 |
0.88 |
-1 |
60 |
| Financial Charges |
1.08 |
0.59 |
0.07 |
0.11 |
0.26 |
1.82 |
179 |
299 |
| Gross Profit / (Loss) |
(1.11) |
1.69 |
2.32 |
2.29 |
3.76 |
(0.94) |
-6 |
84 |
| Depreciation |
- |
0.72 |
0.72 |
0.71 |
0.43 |
0.76 |
9 |
49 |
| Profit / (Loss) Before Tax |
(1.11) |
0.97 |
1.61 |
1.57 |
3.33 |
(1.70) |
6 |
115 |
| Profit / (Loss) Afrer Tax |
(1.11) |
0.97 |
1.61 |
1.46 |
2.87 |
(1.74) |
-2 |
114 |
| Minority Interest in Net Income/(Loss) |
- |
- |
- |
- |
- |
(0.31) |
- |
- |
| Net Profit / (Loss) Afrer Minority Interest (PAT) |
(1.11) |
0.97 |
1.61 |
1.46 |
2.87 |
(1.43) |
1 |
109 |
| Cash Profit / (Loss) |
(1.11) |
1.69 |
2.32 |
2.29 |
3.76 |
(0.94) |
-6 |
84 |
| Basic Earning per Share (EPS) Rs. |
-1.33 |
1.17 |
1.29 |
1.17 |
2.29 |
(1.43) |
6 |
188 |
| Book Value per Share Rs. |
-0.83 |
0.33 |
1.53 |
1.95 |
3.50 |
2.36 |
108 |
173 |
| Market Value per Share (Rs.) |
N.T. |
N.T. |
N.T. |
N.T. |
8.08 |
5.95 |
-26 |
0 |
| Market Capitalisation as at 31st March |
N.A. |
N.A. |
N.A. |
N.A. |
10.10 |
7.44 |
-26 |
0 |
| |
|
|
|
|
|
|
|
|
| Sources of Funds |
|
|
|
|
|
|
|
|
| Shares Capital |
|
|
|
|
|
|
|
|
| - Equity Shares |
8.31 # |
8.31 # |
1.25 |
1.25 |
1.25 |
1.25 |
|
|
| - Convertible Preference Shares |
- |
- |
10.00 |
10.00 |
10.00 |
10.00 |
|
|
| Reserves and Surplus |
0.25 |
0.25 |
0.66 |
1.18 |
3.11 |
15.83 |
|
|
| Minority Interest |
- |
- |
- |
- |
- |
1.58 |
|
|
| Borrowings |
14.63 |
13.46 |
9.22 |
15.13 |
20.38 |
14.99 |
|
|
| Total |
23.19 |
22.02 |
21.12 |
27.56 |
34.74 |
43.65 |
|
|
| |
|
|
|
|
|
|
|
|
| Uses of Funds |
|
|
|
|
|
|
|
|
| Net Fixed Assets |
15.60 |
14.89 |
14.18 |
13.58 |
16.94 |
39.25 |
|
|
| Investments |
0.03 |
0.03 |
4.86 |
4.45 |
4.98 |
0.31 |
|
|
| Net Current Assets |
(1.69) |
(1.18) |
2.08 |
9.53 |
12.82 |
3.95 |
|
|
| Miscellaneous Expenses |
9.26 |
8.28 |
- |
- |
- |
0.14 |
|
|
| Total |
23.19 |
22.02 |
21.12 |
27.56 |
34.74 |
43.65 |
|
|
| |
|
|
|
|
|
|
|
|
| Financial Results and Statistics |
|
|
|
|
|
|
Average |
Standard Deviation |
Profit before depreciation and interest (PBIDT)
as a percentage of Total Income |
- |
61 |
91 |
85 |
90 |
14 |
68 |
33 |
| Returns on Shareholders Fund % (RONW) |
- |
- |
386 |
77 |
118 |
(32) |
73 |
129 |
| Price / Book Value Ratio |
- |
N.A. |
N.A. |
N.A. |
2 |
3 |
2 |
0 |
| Corporate Performance vs BSE Index |
|
|
|
|
|
|
|
|
| 1) Annual Percentage change in Book Value |
- |
- |
359 |
28 |
79 |
(32) |
108 |
157 |
2) Annual Percentage change in
BSE Index (Including Dividend Yield) |
- |
- |
75 |
17 |
21 |
(36) |
19 |
40 |
| 3) Relative Performance (1) - (2) |
- |
- |
283 |
11 |
58 |
4 |
89 |
121 |
N.T.: Not Traded (as trading was suspended since 2nd July 2002 to 7th May 2007)
# Face value of Equity Shares of Rs. 10 each.
Face Value reduced to Re. 1/- on 25th October 2005.