Inflame Appliances Ltd.
Snapshot View

239.90 -4.10 ▼-1.7%

05 August 2021, 04:00:00 P.M.
Volume: 6,000

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Household & Personal Products Compare with Industry peers
Website http://www.inflameindia.com
Financial Indicators
Market Cap 143.94 Cr.
Earnings per share (EPS) -5.60 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 61.78 Trailing Twelve Months Ending 2021-03
Book Value / Share 12.60 Trailing Twelve Months Ending 2021-03
Price to Book Value 19.04 Calculated using Price: 239.90
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.60 Cr. 6,000,000 Shares
FaceValue 10
Company Profile

The company was originally formed as a partnership firm under the Partnership Act, 1932 (‘Partnership Act’) in the name and style of ‘Techno Engineering Corpn.’ vide deed of partnership dated March 20, 2010. Further the existing partners were retired from the partnership on March 11, 2014 and admitted new partners. The partnership was reconstituted on July 13, 2015 and the existing partners retired from the partnership with the admission of new partners. The Partnership deed again reconstituted and new partners were admitted vide partnership deed dated October 16, 2017. Further the partnership firm ‘Techno Engineering Corpn.’ was thereafter converted into Public Limited Company under Part I Chapter XXI of the Companies Act, 2013 with the name and style of ‘Inflame Appliances Limited’ and received a certificate of incorporation from the Registrar of Companies, Central Registration Centre on November 14, 2017.

Inflame Appliances is an IS 4246:2002 certified company and the company has also been part of Prime Minister Ujjwala Yojana (PMUY) launched by the Central Government of India for providing 5 Crore new gas connection to the people below poverty line in the country. This PMUY has created a huge demand for LPG gas stoves which helped the company to achieve higher growth. The scheme is now being extended to other poor class of the country and name of the scheme is Ujjawala Plus, which would offer another 3 crore new connections.

Business area of the Company

The company is engaged in manufacturing of LPG Gas Stove/ Cooktops in various range like Gas Stove in Sheet Metal, Gas Stove with Toughed Glass (Optional Auto Ignition) with range of 4 Burners/ 3 Burners/ 2 Burners and Sheet Metal Components for captive consumption in the state of Himachal Pradesh. The company is also manufacturing the Glass top LPG Stove in 2/3/4 burner in premium ranges for brands like ‘Hindware’ and ‘Avaante’. Additionally, the company has Marketing agreements with Indian Oil Corporation to market, sell, distribute, and promote of LPG Stoves through Indane Distributers to domestic Indane Customers.

The company also markets and sells its products in its own brand ‘Inflame’ in the domestic and overseas markets. The company plans to leverage its networks in manufacturing of Range Hoods (Chimneys) within the Country, to building a setup that will cater the requirements of other big brands who import all the range hoods from overseas market to serve better quality and save the costing of transit. The company also plans to manufacture Electrical Chimneys, Glass Cooktops, Glass Hobs and Cooking Ranges to increase its presence in the Cooking Appliances Market of Country. 

Major Events and Milestones:

  • 2010: Commencement Business as Partnership Firm in the name of ‘Techno Engineering Corpn.’ vide Partnership deed dated March 20, 2010 entered between Dinesh Kapoor and Karan Kapoor.
  • 2015: Retirement of Old Partners and Admission of New Partners Aditya Kaushik and Dinesh Kaushik.
  • 2015: Started Business of Manufacturing of Gas Stove and parts thereof.
  • 2015: License from Bureau of Indian Standards as IS 4246:2002 for Quality Certification on Product the products.
  • 2016: Agreement with Indian Oil Corporation for Selling of LPG Stove to Domestic Indane Distributors.
  • 2017: Associated with Hindustan Petroleum Corporation and Bharat Petroleum Corporation for Selling of LPG Stove.
  • 2017: Conversion from partnership firm to Public Limited Company with the name of ‘Inflame Appliances Limited’.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.68%
1 Week
-4.04%
1 Month
-10.98%
3 Month
+30.38%
6 Month
+73.03%
1 Year
+112.87%
2 Year
+103.31%
5 Year
3 years 2018-03 2019-03 2020-03
Return on Equity (%) 3.23 19.62 -45.41
Return on Capital Employed (%) 4.19 25.26 -30.98
Return on Assets (%) 1.60 7.78 -13.18

Balance Sheet View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 10 12 8
Non Curr. Liab. 1 5 4
Curr. Liab. 8 17 19
Minority Int.
Equity & Liab. 19 34 31
Non Curr. Assets 5 14 13
Curr. Assets 13 20 17
Misc. Exp. not W/O 1 1 0
Total Assets 19 34 31

Profit Loss View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 9 55 15
Other Income 0 1 1
Total Income 9 56 16
Total Expenditure -8 -52 -19
PBIDT 1 4 -3
Interest 0 0 -1
Depreciation 0 -1 -2
Taxation 0 -1 2
Exceptional Items
PAT 0 2 -4

Cash Flow View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -4 8 0
Cash Fr. Inv. -5 -10 0
Cash Fr. Finan. 10 1 0
Net Change 1 -1 0
Cash & Cash Eqvt 1 0 0

Shareholding Pattern View Details

9 Qtrs 2017-03 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 100.00 70.00 70.00 70.00 70.00 70.00 70.00 70.00 53.33
Public 0.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 46.67
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 15 Jul 2021
Board Meeting Outcome To Consider And Allot 300000 Equity Shares And Allotted 380000 Warrants Convertible Into Equal Number Of Equity Shares
Pursuant to the approval of the Shareholders in the Extra-Ordinary General Meeting and pursuant to the receipt of the application money we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. July 15 2021 has inter-alia;

1. Considered and Allotted 3 00 000 Equity Shares of face value of Rs. 10/- each for cash at a price of Rs. 180/- per Equity Share (including a share premium of Rs. 170 per Equity Share) aggregating to Rs. 5 40 00 000/- on preferential basis to Non-Promoters/Public;

2. Allotted 380000 Warrants convertible into equal number of Equity Shares of Rs. 10/- each of the Company at an issue price of Rs. 180/- per warrant (including premium of Rs. 170/- per warrant) on preferential basis to Non-Promoter/Public upon receipt of 25% of issue price from the allottees in accordance with the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018.

Fri, 09 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
We submit herewith the confirmation certificate and Details of Share certificates Dematerialized for the period ended on June 30 2021 received from Skyline Financial Services Private Limited Registrar and Share Transfer Agent (RTA) of the Company as per regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 for the quarter ended June 30 2021.
You are requested to kindly take the same on record.
Thu, 08 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- zalak shah
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Wed, 04 Aug 2021
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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