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CIGFIL RETAIL PRIVATE LIMITED

Active
Updated: 23 Oct 2024

Cigfil Retail Private Limited, is an unlisted private company incorporated on 25 November, 2019. It is classified as a private limited company and is located in Bangalore Rural, Karnataka. It's authorized share capital is INR 30.00 lac and the total paid-up capital is INR 6.00 lac.

Cigfil Retail's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 8.51% over the previous year. At the same time, it's book networth has increased by 61.18%.

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Industry

Business Services
Products
  • , Retail Trading
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
8.7%
₹ 2,764.7
EBITDA
133.33%
₹ 1.2
Net Profit
65.38%
₹ 0.9
Networth
62.77%
₹ 2.2
Borrowings
532500.0%
₹ 53.3
Assets
569.65%
₹ 539.3
Gross Margin
0.61
2.9 %
Operating Margin
0.02
0.0 %
Net Profit Margin
0.01
0.0 %
Return on Equity
0.61
38.6 %
ROCE
21.08
52.1 %
Debt to Equity
23.87
23.9
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (198)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • HIGH LEVERAGE
  • RECEIVABLES DETERIORATING
  • PAYABLES DETERIORATING
  • LOW CASH BALANCE
Low Risk
  • LOW INVENTORY
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales - 1,795.0 1,692.3 2,543.3 2,764.7
Operating profit - 0.9 0.5 0.5 1.2
Net profit - 0.6 0.3 0.5 0.9
Gross margin - 2.5 2.6 2.3 2.9
Operating margin - 0.1 0.0 0.0 0.0
Net margin - 0.0 0.0 0.0 0.0
Networth - 0.6 0.8 1.4 2.2
Borrowings - - - - 53.3
Assets 0.4 75.6 158.4 80.5 539.3
Debt to equity 0.0 0.0 0.0 0.0 23.9
Current ratio 4.5 1.0 1.0 1.0 1.0
ROE -1,704.3 99.4 30.6 38.0 38.6
Days payable - 13.0 29.0 8.0 58.0
WC days - 0.0 0.0 0.0 0.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital - - - - -
Reserves - 0.5 0.8 1.3 2.2
Borrowings + - - - - 53.3
Long term borrowings - - - - -
Short term borrowings - - - - 53.3
Trade payables + - 63.1 129.0 52.6 423.2
Days payable - 13.0 29.0 8.0 58.0
Other liabilities + 0.4 75.0 157.6 79.2 483.9
Other non-current liabilities 0.3 - - - -
Other current liabilities - 11.8 28.6 26.5 60.6
Total liabilities 0.4 75.6 158.4 80.5 539.3
Fixed Assets + - 0.5 0.5 0.4 0.4
Tangible assets - 0.5 0.5 0.4 0.4
CWIP - - - - -
Intangible assets - - - - -
LT loans and advances - - - - -
Other non-current assets - 0.1 0.1 0.1 0.1
Current assets + 0.4 75.0 157.9 80.0 538.9
Inventories - 24.0 79.2 16.9 186.6
Trade receivables - 38.7 46.3 23.1 247.9
Cash and cash equivalents - 0.5 0.8 13.9 40.4
ST loans and advances 0.4 11.7 31.4 25.1 62.9
Other current assets - 0.2 0.2 1.0 1.1
Total assets 0.4 75.6 158.4 80.5 539.3
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + - 1,795.0 1,692.3 2,543.3 2,764.7
Sales growth % None None -5.72 50.29 8.7
Expenses + - 1,794.2 1,691.9 2,543.2 2,766.0
Cost of goods - 1,750.7 1,648.4 2,484.7 2,684.1
Employee cost - 1.1 1.2 1.3 1.4
Other costs - 42.3 42.2 56.8 78.0
Operating profit + - 0.9 0.5 0.5 1.2
Operating margin % - 0.1 0.0 0.0 0.0
Other income - - - 0.6 2.5
Interest - - - 0.2 2.5
Depreciation - - - 0.1 -
Exceptional items - - - - -
Profit before tax - 0.8 0.4 0.7 1.1
Tax - 0.2 0.1 0.2 -
Profit - disc. ops - - - - -0.3
Net profit - 0.6 0.3 0.5 0.9
Net margin % - 0.0 0.0 0.0 0.0
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.0 0.0 0.0 0.0 23.9
Net Debt/Equity 0.0 0.0 0.0 0.0 5.8
Total Debt/Assets 0.0 0.0 0.0 0.0 0.1
Total Assets/Equity 126.4 127.7 186.4 58.8 241.9
Liquidity +
Current Ratio 4.5 1.0 1.0 1.0 1.0
Quick Ratio 4.5 0.7 0.5 0.8 0.7
Interest Coverage -900.2 13,801.1 - 2.0 0.5
Performance
Gross Margin - 2.5 2.6 2.3 2.9
Operating Margin - 0.1 0.0 0.0 0.0
Net Margin - 0.0 0.0 0.0 0.0
Return +
Return on Equity -1,704.3 99.4 30.6 38.0 38.6
Pre-tax ROCE -17.2 140.3 50.0 31.0 52.1
Return on Assets -13.5 0.8 0.2 0.7 0.2
Pre-tax ROIC -1,702.4 136.8 44.7 29.2 7.4
Efficiency +
Days Payable - 13.0 29.0 8.0 58.0
Days Inventory - 5.0 18.0 2.0 25.0
Days Receivable 0.0 8.0 10.0 3.0 33.0
Fixed Asset Turnover 0.0 3,561.6 3,600.6 6,358.3 7,679.7
Total Asset Turnover 0.0 23.7 10.7 31.6 5.1
Working Capital
Cash Conversion Cycle 0.0 0.0 -1.0 -3.0 0.0
Working Capital Days - 0.0 0.0 0.0 0.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 1

Total Amount : 200.0 cr

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Charges

The Hongkong and Shanghai Banking Corporation Limited

People

Designation Name DIN/PAN Tenure
Director Ramanathan Panchapakesan
Shareholder
00515881 5 years
Director Panchapakesan Malathi
Shareholder
02005363 5 years
Director Narayanaswamy Vaideesvaaran 08974465 4 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
CIGFIL LTD
Active
5.0 Cr 2 Tamil Nadu
FOOD CREATIONS PRIVATE LIMITED
Active
1.5 L 2 Karnataka
INNOVA POLYPAK PRIVATE LIMITED
Active
5.0 Cr 1 Karnataka
INNOVA APPARELS PRIVATE LIMITED
Strike Off
1.0 L 1 Karnataka
TARGET MULTIPACK INDIA PRIVATE LIMITED
Active
10.0 L 1 Karnataka
INNOVA CARTONS PRIVATE LIMITED
Strike Off
6.1 L 1 Karnataka
INNOVA CONSUMER CARE PRIVATE LIMITED
Active
3.0 L 1 Karnataka

Registered Details

CIN

U74999KA2019PTC129964

PAN

AAICC4863G

Incorporation

2019, 5.4 years

Company Email

accounts@cigfilretail.com

Paid up Capital

₹ 6.0 L

Authorised Capital

₹ 30.0 L

AGM

Sep 2023

Type

Private
Non-government Company

FAQ - CIGFIL RETAIL PRIVATE LIMITED

What is the incorporation date of CIGFIL RETAIL PRIVATE LIMITED?

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The incorporation date of CIGFIL RETAIL PRIVATE LIMITED is 25 November, 2019

What is the authorized share capital of CIGFIL RETAIL PRIVATE LIMITED?

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The authorized share capital of CIGFIL RETAIL PRIVATE LIMITED is INR ₹ 30.0 L.

What is the paid-up capital of CIGFIL RETAIL PRIVATE LIMITED?

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The paid-up capital of CIGFIL RETAIL PRIVATE LIMITED is INR ₹ 6.0 L.

What is the registered address of CIGFIL RETAIL PRIVATE LIMITED?

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The registered address of CIGFIL RETAIL PRIVATE LIMITED is Survey No. 28 & 29, Soukya Road, Kacharakanahalli, Hoskote Taluk, Bangalore Rural Bangalore Bangalore Rural Karnataka - 560067

What is the CIN number of CIGFIL RETAIL PRIVATE LIMITED?

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The CIN number of CIGFIL RETAIL PRIVATE LIMITED is U74999KA2019PTC129964.

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