Share it on:
Company Overview
Elcid Investments Limited began its journey on December 3, 1981, in Mumbai under the Companies Act 1956.
Legal Identification: It’s officially identified with the Company Identification Number (CIN) L65990MH1981PLC025770.
Nature of Business: Elcid Investments Limited operates as a Non-Banking Finance Company, authorized by the Reserve Bank of India.
Stock Listing: Its shares are publicly traded on the Bombay Stock Exchange in Mumbai.
Business Focus: The core business involves investing in various financial instruments such as shares, debentures, and mutual funds.
Subsidiaries: The company has two subsidiaries: Murahar Investments & Trading Company Limited and Suptaswar Investments & Trading Company Limited. Both are also registered as Non-Banking Finance Companies with the Reserve Bank of India.
Fundamentals
| Item | 2023 | Item | 2023 |
|---|---|---|---|
| Current Price | ₹160,000 | ROE (%) | 0.66 |
| Debt to Equity | 0 | P/B | 0.29 |
| Market Cap (in Cr.) | ₹3,200 | P/E Ratio | 43.54 |
| Face Value | ₹10 | PAN Number | AAACE1611Q |
| Book Value | ₹5,59,610 | EPS | ₹3,675 |
| No. of Shares (in Cr.) | 0.2 | ISIN | INE927X01018 |
Promoters & Managements
| Name | Designation |
|---|---|
| Varun A Vakil | Chairman |
| Ragini Vakil | CEO & CFO |
| Financial Metrics | 2022 | 2023 |
|---|---|---|
| Revenue | 135 | 109 |
| Cost of Material Consumed | 0 | 0 |
| Gross Margins | 100 | 100 |
| Change in Inventory | 0 | 0 |
| Employee Benefit Expenses | 0.3 | 0.37 |
| Other Expenses | 3 | 5.73 |
| EBITDA | 131.7 | 102.9 |
| Operating Profit Margin (OPM) | 97.56% | 94.4% |
| Other Income | 0 | 0 |
| Finance Cost | 0 | 0 |
| D&A (Depreciation & Amortization) | 0.6 | 0.77 |
| EBIT (Earnings Before Interest & Tax) | 131.1 | 102.13 |
| EBIT Margins | 97.11% | 93.7% |
| PBT (Profit Before Tax) | 131 | 102.1 |
| PBT Margins | 97.04% | 93.67% |
| Tax | 31 | 28.6 |
| PAT (Profit After Tax) | 100 | 73.5 |
| Net Profit Margin | 74.07% | 67.43% |
| EPS (Earnings Per Share - Diluted) | 5000 | 3675 |
Assets:
| Asset Categories | 2022 | 2023 |
|---|---|---|
| Fixed Assets | 17 | 17 |
| CWIP | 0 | 0 |
| Investments | 13160 | 11918 |
| Trade Receivables | 0 | 0.1 |
| Inventory | 0 | 0 |
| Other Assets | 2 | 10.9 |
| Total Assets | 13179 | 11946 |
Liabilities:
| Liability Categories | 2022 | 2023 |
|---|---|---|
| Share Capital | 0.2 | 0.2 |
| FV | 10 | 10 |
| Reserves | 12328 | 11192 |
| Borrowings | 0 | 0 |
| Trade Payables | 0 | 0.25 |
| Other Liabilities | 850.8 | 753.55 |
| Total Liabilities | 13179 | 11946 |
| Category | 2022 | 2023 |
|---|---|---|
| Cash Generated From Operations | 73 | 79 |
| Tax | -12 | -42 |
| Cash Flow From Operations | 61 | 37 |
| Purchase of PPE | -68 | 0 |
| Sale of PPE | 0 | 0 |
| Cash Flow From Investment | -68 | -27 |
| Dividends | -0.3 | -0.3 |
| Cash Flow from Financing | -0.3 | -0.3 |
| Net Cash Generated | -7.3 | 9.7 |
| Cash at the Start | 8.8 | 1.3 |
| Cash at the End | 1.5 | 11 |
Share Holding Pattern
| Shareholder | 2022 | 2023 |
|---|---|---|
| Mr. Amar Vakil (Karta Of Amar Vakil HUF) | 7.50% | 7.50% |
| Mr. Varun A. Vakil | 13.78% | 13.78% |
| Ms. Amrita Vakil | 6.08% | 6.08% |
| Mrs. Dipika A. Vakil | 47.53% | 47.53% |
| Hydra Trading Private Limited | 9.04% | 9.04% |
| Others | 16.07% | 16.07% |
Frequently Asked Questions (FAQ)
Find answers to common questions, providing clarity and insights to address any queries on your mind.
Contact Us: Reach out to Unlistify to confirm availability and agree on a price.
Provide KYC: Submit your Client Master Report, PAN card, and a cancelled cheque.
Make Payment: Transfer funds to our designated bank account (RTGS/NEFT/IMPS/cheque). Ensure the payment originates from the same account where you want the shares credited.
Receive Shares: We’ll transfer the Elcid Investment shares to your Demat account within 24 hours of payment confirmation.
Get a Quote: Unlistify will provide a buyback price for your Elcid Investment shares.
Share Details: Submit your Client Master Report.
Transfer Shares: Transfer the Elcid Investment shares to our Demat account using a DIS (Delivery Instruction Slip).
Receive Payment: We’ll transfer funds to your bank account within 24 hours of receiving the shares (RTGS/NEFT/IMPS/cheque). For security reasons, payment will only be made to the account linked to your Demat
DIS (Delivery Instruction Slip): A DIS is a form used to authorize the transfer of shares from your Demat account.
Methods:
Offline DIS: Fill out a physical DIS form with details like the ISIN number, quantity, price of your Elcid Investment shares, and our account information. Submit this to your broker.
Online DIS: Some brokers offer online DIS systems for easier transfers.
Unlistify aims to make unlisted share investing accessible. The current minimum investment for Elcid Investment Unlisted Shares is approximately 35,000 – 50,000 INR.
Limited Liquidity: Unlisted shares are not traded on public exchanges, making it potentially harder to find buyers when you want to sell.
Price Volatility: Prices can fluctuate more than listed shares due to less publicly available information.
Regulatory Changes: Regulations for unlisted shares can change, affecting their value and trading.
Company-Specific Risks: Each company has its own risks related to its industry, financials, and management.
No Guarantee of Listing: There’s no assurance that unlisted shares will ever be listed on a public exchange.
Market Leader: Unlistify is one of India’s fastest-growing unlisted share platforms.
Transparency: We provide clear information about each unlisted share, including potential risks.
Security: We prioritize the protection of your financial information.
Customer Support: Our team is dedicated to guiding you through the investment process.
Latest Funding: We consider the valuation from Elcid Investment most recent funding round.
Comparable Companies: If there’s no recent funding, we analyze similar listed companies to estimate a fair value.
SEBI’s Influence: SEBI regulations do apply to some aspects of unlisted share trading, such as lock-in periods and transaction charges. However, there are no specific SEBI regulations for becoming an unlisted broker.
We aim for same-day transfer of Elcid Investment Unlisted Shares to your Demat account after your payment is confirmed.
Tax Transition: Once your unlisted Elcid Investment shares are listed and sold on an exchange, standard listed share tax rules apply.
Holding Period: Your holding period (for determining long-term vs. short-term capital gains tax) starts from the original unlisted purchase date.
