Share it on:
Company Overview
Kannur International Airport Ltd (KIAL) is an unlisted public company promoted by the Government of Kerala. The primary objective of KIAL is to build and operate an airport adhering to international standards. The airport primarily serves:
- The large NRI population in the region who frequently travel internationally.
- The flourishing business community.
- Tourists, given the area’s immense tourism potential, attracting both domestic and international visitors.
Location: Situated across approximately 2,300 acres, Kannur International Airport is the second greenfield airport in Kerala, developed through a Public-Private Partnership model.
Commissioning Date: The airport commenced operations on 9th December 2018.
Status: It is Kerala’s fourth international airport, making Kerala the only state in India with four international airports.
Passenger Traffic Projections (FY 2018-19):
- International Passengers: Projected at 1.65 million annually.
- Domestic Passengers: Projected at 0.16 million annually.
Achievements:
- Operational Milestones: Achieved 1 million passengers within just nine months of operation.
- Continuous Growth: Since its inauguration, Kannur International Airport has experienced consistent monthly increases in passenger traffic.
Fundamentals
| Metric | Value | Metric | Value |
|---|---|---|---|
| Current Price | ₹ 132 | Debt to Equity | 1.44 |
| Market Cap | ₹ 1766 Cr. | Face Value | ₹ 100 |
| Book Value | ₹ 57.03 | ROE (%) | -16 |
| P/B | 2.31 | P/E Ratio | -14 |
| EPS | ₹ -9.42 | ISIN | INE02Y401013 |
| No. Of Shares | 1338 Cr. | PAN Number | AADCK8494N |
Promoters & Managements
| Name | Designation |
|---|---|
| Sri. Pinarayi Vijayan | Chairman |
| Sri. Dinesh Kumar C | MD |
| Statement / Ratios | 2022 | 2023 |
|---|---|---|
| Revenue | 2 | 1.74 |
| Cost of Material Consumed | 11 | 1.7 |
| Gross Margins | -816.67 | -608.33 |
| Change in Inventory | 0 | 0 |
| Employee Benefit Expenses | 5.3 | 3 |
| Other Expenses | 4 | 45 |
| EBITDA | -19.1 | -49.46 |
| OPM (Operating Profit Margin) | -1591.67 | -20608.33 |
| Other Income | 0.8 | 1.5 |
| Finance Cost | 0 | 0 |
| D&A (Depreciation & Amortization) | 4 | 10 |
| EBIT (Earnings Before Interest and Tax) | -23.1 | -59.46 |
| EBIT Margins | -1925 | -24775 |
| PBT (Profit Before Tax) | -22 | -58 |
| PBT Margins | -1833.33 | -24166.67 |
| Tax | 0 | 0.3 |
| PAT (Profit After Tax) | -22 | -58.3 |
| NPM (Net Profit Margin) | -1833.33 | -24291.67 |
| EPS (Earnings Per Share) | -0.41 | -1.09 |
Assets:
| Asset Category | 2022 | 2023 |
|---|---|---|
| Fixed Assets | 55 | 2.2 |
| CWIP | 0 | 0 |
| Investments | 14 | 22 |
| Trade Receivables | 1 | 0 |
| Inventory | 0 | 0 |
| Other Assets | 75 | 60.8 |
| Total Assets | 145 | 85 |
Liabilities:
| Liability Category | 2022 | 2023 |
|---|---|---|
| Share Capital | 266.75 | 266.7 |
| Face Value (FV) | 5 | 5 |
| Reserves | -184 | -243.3 |
| Borrowings | 0 | 0 |
| Trade Payables | 13.6 | 13 |
| Other Liabilities | 48.65 | 48.6 |
| Total Liabilities | 145 | 85 |
| Metric | 2022 | 2023 |
|---|---|---|
| PBT (Profit Before Tax) | -22 | -58 |
| OPBWC (Operating Profit Before Working Capital Changes) | -19 | -6 |
| Change in Receivables | 0.7 | 2.2 |
| Change in Inventories | 0 | 0 |
| Change in Payables | 4.4 | -1.5 |
| Other Changes | -0.5 | 49.7 |
| Working Capital Change | 4.6 | 50.4 |
| Cash Generated From Operations | -14.4 | 44.4 |
| Tax | -0.1 | -0.2 |
| Cash Flow From Operations | -14.5 | 44.2 |
| Purchase of PPE (Property, Plant, and Equipment) | 0 | 0 |
| Sale of PPE | 0 | 0 |
| Cash Flow From Investment | 15.2 | -44.3 |
| Borrowing | 0 | 0 |
| Dividend | 0 | 0 |
| Equity | 0 | 0 |
| Others From Financing | -0.6 | -0.5 |
| Cash Flow from Financing | -0.6 | -0.5 |
| Net Cash Generated | 0.1 | -0.6 |
| Cash at the Start | 0.6 | 0.7 |
| Cash at the End | 0.7 | 0.1 |
Share Holding Pattern
| Shareholder | 2022 | 2023 |
|---|---|---|
| Reliance Exchangenext Limited | 16.33% | 16.33% |
| Central Warehousing Corporation | 11.05% | 11.05% |
| Deputy Director (PMLA), Directorate Of Enforcement, Ahmedabad | 9.04% | 9.04% |
| MMTC Limited | 6.00% | 6.00% |
| Indiabulls Housing Finance Limited | 3.47% | – |
| Other | 54.11% | – |
| Others | – | 57.58% |
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 Kannur International Airport Ltd shares to your Demat account within 24 hours of payment confirmation.
Get a Quote: Unlistify will provide a buyback price for your Kannur International Airport Ltd shares.
Share Details: Submit your Client Master Report.
Transfer Shares: Transfer the Kannur International Airport Ltd 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 Kannur International Airport Ltd 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 Kannur International Airport Ltd 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 Kannur International Airport Ltd 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 Kannur International Airport Ltd Unlisted Shares to your Demat account after your payment is confirmed.
Tax Transition: Once your unlisted Kannur International Airport Ltd 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.
