Inflame Appliances Ltd.
Snapshot View

355.00 -7.15 ▼-2.0%

20 May 2022, 12:03:00 PM
Volume: 1,500

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
Market Cap 240.83 Cr.
Enterprise Value(EV) 259.48 Cr. 2021-03
Financial Indicators
Earnings per share (EPS) -5.05 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 53.65 Trailing Twelve Months Ending 2021-03
Book Value / Share 21.11 Trailing Twelve Months Ending 2021-03
Price to Book Value 17.15 Calculated using Price: 362.15
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 0.67 Cr. 6,650,000 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
-1.97%
1 Week
+1.43%
1 Month
-1.11%
3 Month
-1.66%
6 Month
+17.71%
1 Year
+89.03%
2 Year
+468.00%
5 Year
10 Year
4 years 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 3.23 19.62 -45.41 -60.84
Return on Capital Employed (%) 4.19 25.26 -30.98 -17.49
Return on Assets (%) 1.60 7.78 -13.18 -10.09

Balance Sheet View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 10 12 8 4
Non Curr. Liab. 1 5 4 10
Curr. Liab. 8 17 19 22
Minority Int.
Equity & Liab. 19 34 31 36
Non Curr. Assets 5 14 13 12
Curr. Assets 13 20 17 24
Misc. Exp. not W/O 1 1 0 0
Total Assets 19 34 31 36

Profit Loss View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 9 55 15 20
Other Income 0 1 1 0
Total Income 9 56 16 20
Total Expenditure -8 -52 -19 -22
PBIDT 1 4 -3 -2
Interest 0 0 -1 -1
Depreciation 0 -1 -2 -2
Taxation 0 -1 2 1
Exceptional Items
PAT 0 2 -4 -3
Adjusted EPS 1 3 -7 -6

Cash Flow View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -4 8 0 -3
Cash Fr. Inv. -5 -10 0 -3
Cash Fr. Finan. 10 1 0 6
Net Change 1 -1 0 0
Cash & Cash Eqvt 1 0 0 0

Shareholding Pattern View Details

9 Qtrs 2018-09 (%) 2019-03 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%) 2021-09 (%) 2022-03 (%)
Promoter 70.00 70.00 70.00 70.00 70.00 70.00 53.33 50.79 48.12
Public 30.00 30.00 30.00 30.00 30.00 30.00 46.67 49.21 51.88
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, 19 May 2022
Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Audited Financial Results And Audit Financial Statement Of The Company For Half Year And Year Ended On March 31 2022.
Inflame Appliances Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2022 inter alia to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that a meeting of the Board of Directors of our Company is scheduled to be held on Friday May 27 2022 at the corporate office of the Company inter alia to;1. Consider approve & take on record the Audited Financial Results of the Company for the half year and year ended March 31 2022 as per Regulation 33 of the Listing Regulation;2. Consider approve & take on record the Audited Financial Statement of the Company for the financial year ended on March 31 2022 in accordance with the Companies Act 2013;3. Increase the Authorize Share Capital of the Company;4. Raising of funds by way of issue of equity shares /convertible warrants to Non Promoter/Public on preferential basis subject to obtaining the approval of the shareholders of the Company via Postal Ballot.5. Consider and discuss any other items as may be decided by the Board of directors.
Wed, 18 May 2022
Update Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
In reference to the captioned subject and in Continuation of our Intimation dated January 11 2022 w.r.t receipt of In-principleapproval of Telangana Government for allotment of 2 acres of Land at Maheshwaram EMC at Subsidized Price we would like to inform that Company has made full payment towards Land allotted at Industrial park situated at Plot No.31 EMC-Maheshwaram. Further the company is about to receive Land Allotment Letter shortly and other necessary approvals for construction of factory from competent authorities is expected to be received within 4-6 weeks.We further inform that any Further Activity on Proposed Project at New acquired land is planned and the commercial production will commence by end of December 2022.You are requested to kindly take the same into your records and oblige us.
Thu, 28 Apr 2022
Update Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform that our Company has received first trial order for 700 Chimneys from one of the major and renowned company STOVEKRAFT Limited Bangalore who are owning the prestigious brand Pigeon appliances expanding our customer base with most of the major brands in the industry.

Technical Scans View Details

Thu, 19 May 2022
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High

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