India Exposition Mart Limited
India Exposition Mart Limited Pre-IPO/ Unlisted Share – Company Overview
Established on 12 April 2001 India Exposition Mart Limited is in the business of exhibitions, fairs, tradeshows, conventions, and seminars. The company is registered at the registrar of companies in Delhi. Authorized equity share capital of the company is Rs. 1,00,00,00,000 and its paid-up share capital is Rs. 37,00,00,000.
The India Exposition Mart is spread across 58 acres of land and features a unique combination of Trade Marts with Exhibition & Convention Facilities, Lawns, Business Centres, Restaurants, Transportation Facilities, and enough Parking Area for over 10,000 cars and 100 buses/trucks inside the complex. It is well connected to Delhi’s main Ring Road via an eight-lane expressway.
India Exposition Mart Unlisted Share Details as of March 31, 2022
| India Exposition Mart Outstanding Shares: | 7,44,24,679 |
| Face Value of India Exposition Mart Unlisted Share: | Rs. 5 Per Equity Share |
| ISIN of India Exposition Mart Unlisted Share: | INE01JH01021 |
| Lot Size of India Exposition Mart Unlisted Share: | 100 Shares |
| India Exposition Mart Share Price: | Best in Industry |
| PAN Number of India Exposition Mart: | AAACI8678M |
Incorporation Details of India Exposition Mart Limited
CIN of India Exposition Mart | U99999DL2001PLC110396 |
Registration Date of India Exposition Mart | 12 April 2001 |
Category/Sub-category of India Exposition Mart | Company Limited by Shares/Non-Government Company |
Class of India Exposition Mart | Public Company |
Registration Number of India Exposition Mart | 110396 |
India Exposition Mart Registered address office & contact details | Plot No. 1, 210, Atlantic Plaza, 2nd Floor, Local Shopping Centre, Mayur Vihar Phase-I, Delhi – 110 091 |
India Exposition Mart of Registrar Transfer Agent address office & contact details | KFin Technologies Private Limited Selenium Tower B, Plot 31 & 32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad – 500 032, Telangana. |
Listing Status of India Exposition Mart | Unlisted |
Particular of Subsidiary Companies of India Exposition Mart Limited
| S. No. | Name of the Company | Subsidiary | % of shares held |
| 1. | Expo Digital India Private Limited | Subsidiary | 65% |
Board of Directors of India Exposition Mart Limited
| S. No. | Name of Directors | Category of Directors |
| 1 | Mr. Rakesh Kumar | Chairman |
| 2 | Mr. Raj Kumar Malhotra | Independent Director |
| 3 | Mr. R. K. Passi | Independent Director |
| 4 | Mr. Sudhir Tyagi | Independent Director |
| 5 | Mr. Anil Mansharamani | Director |
| 6 | Mr. Vivek Vikas | Director |
| 7 | Mr. Satish Dhir | Director |
| 8 | Mr. Babu Lal Dosi | Director |
| 9 | Mr. Dinesh Kumar | Director |
| 10 | Mr. Satinder Prakash Vadera | Director |
| 11 | Mr. Mukesh Gupta | Director |
| 12 | Mr. Lekhraj Maheshwari | Director |
| 13 | Mr. Sudeshwar Saran | Director |
| 14 | Mr. Ikramul Haq Shamsi | Director |
Principal Business Activities of India Exposition Mart Limited
| S. No. | Name & Description of main products/services | NIC Code of the Product /service | % to total turnover of the company |
| 1 | Exhibitions | 9214 | 88.79% |
Shareholding Pattern of India Exposition Mart Limited (As on 31-03-2021)
| S. No. | Shareholder’s Category | No. of Shares | % of total Shares of the company |
| 1. | Public | 37,000,000 | 100% |
| Total | 37,000,000 | 100.00% |
Balance Sheet of India Exposition Mart Limited (in Rs.)
| PARTICULARS | 2021 | 2020 | 2019 |
| EQUITY AND LIABILITIES | |||
| Shareholders’ funds | |||
| Share Capital | 37,00,00,000 | 37,00,00,000 | 37,00,00,000 |
| Reserves and Surplus | 1,03,36,93,546 | 1,26,45,92,688 | 88,21,00,738 |
| Total Equity | 1,40,36,93,546 | 1,63,45,92,688 | 1,25,21,00,738 |
| Non-current Liabilities | |||
| Long-term Borrowings | 1,68,52,200 | 1,76,93,116 | 10,00,98,882 |
| Deferred Tax Liability (net) | – | 31,54,354 | 4,89,440 |
| Other long-term Liabilities | – | – | – |
| Long-term Provisions | – | – | – |
| Total Non-Current Liabilities | 1,68,52,200 | 2,08,47,470 | 10,05,88,322 |
| Current Liabilities | |||
| Short-term Borrowings | – | – | – |
| Trade Payables | 4,33,34,616 | 13,57,76,488 | 11,09,15,069 |
| Other Current Liabilities | 25,43,49,290 | 29,86,92,187 | 26,21,46,599 |
| Short-term Provisions | 83,20,592 | 15,77,44,782 | 17,53,51,216 |
| Total Current Liabilities | 30,60,04,498 | 59,22,13,457 | 54,84,12,884 |
| TOTAL LIABILITIES | 1,72,65,50,244 | 2,24,76,53,615 | 1,90,11,01,944 |
| ASSETS | |||
| Non-current Assets | |||
| Property, Plant & Equipment | |||
| Tangible Assets | 91,77,65,105 | 1,03,12,82,379 | 86,33,26,163 |
| Intangible Assets | 1,78,444 | 4,54,185 | 19,29,497 |
| Capital Work in Progress (CWIP) | 24,56,27,534 | 10,29,44,472 | 93,49,813 |
| Non-current Investments | 65,000 | – | – |
| Deferred Tax Assets (net) | 36,90,242 | – | – |
| Long-term Loans and Advances | 3,64,46,633 | 2,88,46,750 | 1,42,82,319 |
| Other non-current Assets | 46,551 | 43,744 | 41,230 |
| Total Non-Current Assets | 1,20,38,19,509 | 1,16,35,71,530 | 88,89,29,022 |
| Current Assets | |||
| Current investments | – | – | – |
| Inventories | 33,70,050 | 34,03,000 | 48,26,068 |
| Trade receivables | 13,90,32,860 | 18,62,79,226 | 20,41,96,266 |
| Cash and bank balances | 33,79,27,247 | 68,00,99,644 | 61,43,09,911 |
| Short-term loans and advances | 1,40,79,417 | 19,55,71,255 | 18,54,60,515 |
| Other current assets | 2,83,21,162 | 1,87,28,960 | 33,80,162 |
| Total Current Assets | 52,27,30,736 | 1,08,40,82,085 | 1,01,21,72,922 |
| TOTAL ASSETS | 1,72,65,50,244 | 2,24,76,53,615 | 1,90,11,01,944 |
Profit & Loss Statementof India Exposition Mart Limited (In Rs.)
| Particular | 2021 | 2020 | 2019 |
| REVENUE | |||
| Revenue from operations | 13,28,01,683 | 1,54,42,62,449 | 1,22,62,28,614 |
| Other income | 5,76,97,792 | 6,45,84,900 | 5,23,51,944 |
| Total Revenue | 19,04,99,475 | 1,60,88,47,349 | 1,27,85,80,558 |
| Expenses | |||
| Change in Inventories of Stock in Trade | – | – | – |
| Employee benefits expense | 4,56,11,531 | 6,43,21,624 | 5,20,71,799 |
| Finance costs | 42,73,103 | 1,25,04,570 | 2,05,54,267 |
| Depreciation and amortisation expense | 12,14,07,796 | 8,89,87,257 | 9,16,78,887 |
| Other expenses | 22,61,95,528 | 82,58,84,074 | 67,66,21,929 |
| Total Expenses | 39,74,87,958 | 99,16,97,525 | 84,09,26,882 |
| Profit / (Loss) before Exceptional and Extraordinary Items and Tax | (20,69,88,483) | 61,71,49,824 | 43,76,53,676 |
| Exceptional Items | (21,196) | 1,10,753 | (3,21,598) |
| Profit / (Loss) Before Tax | (20,70,09,679) | 61,72,60,577 | 43,73,32,078 |
| Tax Expense: | |||
| Current Tax | |||
| – Provision for Taxation | – | 15,69,22,546 | 12,63,65,653 |
| Deferred Tax | (68,44,596) | 26,64,914 | 83,32,213 |
| Profit/(Loss) from Continuing Operations | (20,01,65,082) | 45,76,73,117 | 30,26,34,212 |
| Profit/(Loss) for the Year | (20,01,65,082) | 45,76,73,117 | 30,26,34,212 |
| Earning Per Equity Share: | |||
| (5.41) | 12.37 | 8.18 |
| Earning Per Equity Share (Diluted) | (5.41) | 12.37 |
India Exposition Mart Cash Flow Statement for the last three years (Rs. In Crore)
| Particulars | 31st March 2022 | 31st March 2021 | 31st March 2020 |
| Cash Flow Summary | |||
| Cash and Cash Equivalents at Beginning of the year | 1.97 | 10.74 | 61.43 |
| Net Cash from Operating Activities | 21.72 | 2.97 | 52.86 |
| Net Profit before Tax & Extraordinary Items | -0.42 | -20.42 | 61.73 |
| Depreciation | 11.19 | 12.84 | 8.9 |
| Interest (Net) | 1.29 | 1.34 | -1.99 |
| P/L on Sales of Assets | 0 | 0 | -0.01 |
| Others | 1.91 | -0.19 | 0 |
| Total Adjustments (PBT & Extraordinary Items) | 14.39 | 13.99 | 6.9 |
| Op. Profit before Working Capital Changes | 13.97 | -6.42 | 68.62 |
| Trade & 0th receivables | -1.69 | 3.98 | 1.79 |
| Trade Payables | 2.43 | -6.37 | 0 |
| Loans & Advances | 0 | 0 | -2.47 |
| Others | 12.81 | 14.04 | -15.09 |
| Total (OP before Working Capital Changes) | 13.55 | 11.65 | -15.77 |
| Cash Generated from/(used in) Operations | 27.52 | 5.23 | 52.86 |
| Direct Taxes Paid | -3.83 | 1.64 | 0 |
| Total-others | -3.83 | 1.64 | 0 |
| Cash Flow before Extraordinary Items | 23.69 | 6.87 | 52.86 |
| Others | -1.97 | -3.9 | 0 |
| Net Cash Used in Investing Activities | -29.21 | -5.17 | -32.33 |
| Purchased of Fixed Assets | -23.8 | -16.36 | -25.29 |
| Sale of Fixed Assets | 0 | 0 | 0.02 |
| capital WIP | 0 | 0 | -10.29 |
| Interest Received | 1.37 | 3.54 | 3.24 |
| Acquisition of Companies | -2.6 | -0.01 | 0 |
| Others | -4.17 | 7.66 | 0 |
| Net Cash Used in Financing Activities | 16.11 | -6.57 | -13.95 |
| Proceed from 0ther Long Term Borrowings | 20.79 | 0.88 | 0 |
| Of the Long Term Borrowings | -3.17 | -6.33 | -8.24 |
| Dividend Paid | 0 | 0 | -3.7 |
| Interest Paid | -0.83 | -0.59 | -1.25 |
| Others | -0.67 | -0.53 | -0.76 |
| Net Inc/(Dec) in Cash and Cash Equivalent | 8.62 | -8.77 | 6.58 |
| Cash and Cash Equivalents at End of the year | 10.59 | 1.97 | 68.01 |
Summary of cash flow statement for India Exposition Mart:
- Cash Flow from Operating Activities:
India Exposition Mart generated positive cash flows from operating activities during this period. In 2022, the company generated Rs. 21.72 Crore from its core operations, compared to Rs. 2.97 Crore in 2021 and Rs. 52.86 Crore in 2020. This indicates an improvement in the company ‘s cash generation ability from its day-to-day business activities.
- Cash Flow from Investing Activities:
The cash flow from investing activities represents the company ‘s investments in assets and other capital expenditures. India Exposition Mart had negative cash flows from investing activities over the three-year period. In 2022, the company used Rs. 29.21 Crore for investments, followed by Rs. 5.17 Crore in 2021 and Rs. 32.33 Crore in 2020. These outflows may be attributed to the purchase of fixed assets, acquisitions, and other investments.
- Cash Flow from Financing Activities:
India Exposition Mart ‘s financing activities involve capital raising, repayment of debts, dividend payments and other financial activities. The company had mixed cash flows from financing activities during the three-year period. In 2022, it had a net cash inflow of Rs. 16.11 Crore from financing activities, while in 2021, there was a net outflow of Rs. 6.57 Crore, and in 2020, there was a net outflow of Rs. 13.95 Crore. These activities include proceeds from borrowings, repayment of long-term borrowings, dividend payments, and interest payments.
Overall, the company experienced a net increase in cash and cash equivalents in each of the three years. At the end of the year, the cash and cash equivalents stood at Rs. 10.59 Crore in 2022, Rs. 1.97 Crore in 2021, and Rs. 68.01 Crore in 2020. These figures represent the available cash resources at the end of each fiscal year.
Funds Flow Statement of India Exposition Mart Limited (Rs. In Crore)
| Particulars | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 |
| Sources of funds | |||||
| Cash profit | 10.42 | 0 | 55.19 | 39.68 | 132.45 |
| Increase in other net worth | 0.68 | 0 | 0 | 0 | 46.51 |
| Increase in loan funds | 16.34 | 22.31 | 0 | 0 | 24.35 |
| Decrease in working capital | 1.02 | 18.36 | 0 | 0 | 0 |
| Others | 0 | 0.31 | 0 | 0 | 0 |
| Total Inflow | 28.46 | 40.98 | 55.19 | 39.68 | 240.31 |
| Application of funds | |||||
| Cash loss | 0 | 3.55 | 0 | 0 | 0 |
| Decrease in networth | 0 | 11.51 | 3.82 | 2.51 | 0 |
| Decrease in loan funds | 0 | 0 | 8.25 | 7.65 | 0 |
| Increase in gross block | 25.86 | 25.92 | 35.42 | 1.63 | 205.67 |
| Increase in investments | 2.6 | 0.01 | 0 | 0 | 0 |
| Increase in working capital | 0 | 0 | 4.01 | 23.82 | 30.62 |
| Dividend | 0 | 0 | 3.7 | 4.07 | 3.7 |
| Others | 0 | 0.31 | 0 | 0 | 0 |
| Total Outflow | 28.46 | 40.99 | 55.2 | 39.68 | 240.3 |
Dividend History of India Exposition
| Particulars | 2021 | 2020 | 2019 |
| Dividend (in Rs.) | Nil | Nil | 1.10 |
Performance of India Exposition
- Revenue from operations decreased from Rs. 1,54,42,62,449 in FY 2020 to Rs. 13,28,01,683 in FY 2021, showing a decline of 91.40% as compared to previous financial year.
- Finance Cost has decreased from Rs. 1,25,04,570 in FY 2020 to Rs. 42,73,103 in FY 2021 showing a decline of 65.82% as compared to the previous financial year.
- In FY 2021, Company’s Net loss stood at Rs. (20,01,65,082) as against to net profit of Rs. 45,76,73,117 in FY 2020 showing a decline of -143.735% as compared to the previous financial year.
- The Current Ratio of the company as of 31st March 2021 was 1.70.
- The debt-to-equity ratio of the company as of 31st March 2021 was 1.23.
- In the Financial Year 2020-21, the company has not paid dividends.
