About Ethnic Tobacco (India) Ltd
Data last updated:
Ethnic Tobacco (India) Ltd is a public limited company based in Guntur, Andhra Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the tobacco products and alternatives segment of the FMCG sector. It was incorporated on 23 December 2005.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U16001AP2005PLC048552. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹78.6 Cr and a paid-up capital of ₹77.59 Cr. It was formerly known as Ethnic Tobacco (Inida) Pvt Ltd. It is led by directors including Tadisetty Murali Mohan (Managing Director) and Perikala Prakash Rao.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at D.No. 6 – 23 – 6/A Jaya Towers 5th Lane 4th Cross Road Arundalpet, Guntur, Andhra Pradesh, India – 522002.
As per the financials filed for FY 2017, the company reported a revenue of ₹479.33 Cr. For the same year it recorded a net profit of ₹6.76 Cr (net margin 1.4%) and EBITDA of ₹31.69 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹502.4 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 5 cases are pending.
The last known website on record is ethnictobaccoindia.com.
Company details
CIN history
Ethnic Tobacco (India) has one previous CIN (Corporate Identification Number): U16001AP2005PTC048552. The current CIN is U16001AP2005PLC048552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U16001AP2005PLC048552 | Current |
| U16001AP2005PTC048552 | Previous |
Contact details
Ethnic Tobacco (India) Ltd's registered office is in Guntur, Andhra Pradesh. Its website is ethnictobaccoindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD.No. 6 – 23 – 6/A Jaya Towers 5th Lane 4th Cross Road Arundalpet, Guntur, Andhra Pradesh, India – 522002
- IndustryFMCG, Tobacco Products & Alternatives
To see the full contact details of Ethnic Tobacco (India) Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Ethnic Tobacco (India) Ltd
FY 2017 filings availableEthnic Tobacco (India) Ltd reported revenue of ₹479.33 Cr for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years. EBITDA fell 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹479.33 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹31.69 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.76 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.6% | ||
| Net Profit Margin | 1.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Ethnic Tobacco (India) Ltd, buy the company report.
Board of directors of Ethnic Tobacco (India) Ltd
Ethnic Tobacco (India) has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Perikala Prakash Rao | Director | 07 May 2016 | 10 Years 6 Months | As last reported |
| Venkata Ramana Mindela | Director | 04 Aug 2015 | 11 Years 3 Months | As last reported |
| Tadisetty Murali Mohan | Managing Director | 23 Dec 2005 | 20 Years 10 Months | As last reported |
| Moolimani Gouni Nagarjuna Reddy Also directs: Vishwa Tobacco Traders and Threshers LLP, Vishwa Gosala Foundation | Director | 07 May 2016 | 10 Years 6 Months | As last reported |
| Tadisetti Venkata Rao | Director | 23 Dec 2005 | 20 Years 10 Months | As last reported |
Shareholding
The shareholding of Ethnic Tobacco (India) Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ethnic Tobacco (India) Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2014 | 10517581 | State Bank of India | ₹269.2 Cr | Open | |
| 08 Jun 2010 | 10226502 | State Bank of India | ₹74 Cr | Open | |
| 31 May 2006 | 10006385 | State Bank of India | ₹159.2 Cr | Open |
To see the full charge records of Ethnic Tobacco (India) Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ethnic Tobacco (India) Ltd has 12 court cases on record: 6 filed by Ethnic Tobacco (India), 6 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 3 |
| District courts | 3 | 3 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Court case (CRLP) | Filed by the company against Lakshmi Vilas Bank Ltd and 1 other | Pending |
| High Court, ANDHRAPRADESH | Court case (CRLP) | Filed by the company against individuals | Pending |
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Guntur, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh, and 3 others | Pending |
To see the full case history of Ethnic Tobacco (India) Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ethnic Tobacco (India) Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ethnic Tobacco (India) Ltd has a workforce of 28 employees on its EPFO records as of Mar 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 28 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ethnic Tobacco (India) Ltd, buy the company report.
GST
Ethnic Tobacco (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ethnic Tobacco (India) Ltd, buy the company report.
Recent activity
Ethnic Tobacco (India) Ltd has 9 board changes on record since 2005: 5 appointments and 4 cessations. The latest: Moolimani Gouni Nagarjuna Reddy ceased to be Additional Director on 30 Sep 2016.
6 earlier events are in the company report.
Frequently asked questions
Ethnic Tobacco (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Ethnic Tobacco (India) is a company under liquidation, formerly operating as a public limited company based in Guntur, Andhra Pradesh, India. The company works in tobacco products and alternatives, within the FMCG industry. It was incorporated on 23 December 2005 and is registered under CIN U16001AP2005PLC048552. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ethnic Tobacco (India) has 5 current directors:
- Tadisetty Murali Mohan - Managing Director
- Perikala Prakash Rao - Director
- Venkata Ramana Mindela - Director
- Moolimani Gouni Nagarjuna Reddy - Director
- Tadisetti Venkata Rao - Director
The latest financial statements of Ethnic Tobacco (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ethnic Tobacco (India) is U16001AP2005PLC048552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethnic Tobacco (India) has open charges of ₹502.4 Cr and no satisfied charges on record as per latest MCA filings.
Ethnic Tobacco (India) has 12 court cases on record: 6 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.
Ethnic Tobacco (India) was incorporated on 23 December 2005. It is registered with the Registrar of Companies, Vijayawada.
Moolimani Gouni Nagarjuna Reddy ceased to be Additional Director on 30 Sep 2016. Perikala Prakash Rao ceased to be Additional Director on 30 Sep 2016. Venkata Ramana Mindela ceased to be Additional Director on 30 Sep 2016. Ethnic Tobacco (India) has 9 board changes on record in total.
Ethnic Tobacco (India) can be reached through the website ethnictobaccoindia.com. Its registered office is in Guntur, Andhra Pradesh, India.
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