ISIN : INE 185A01011
HISTORY
Originally promoted as Parry Confectionery Limited ( 1914 ) it set up its sweets confectionery factory at Nellikuppam in Cuddalore District of Tamil Nadu.
With India joining WTO and globalization , in 2004 , Murugappa ( EID Parry - Tube Investments) group sold their controlling stake to the renowned South Korean confectionery Multinational "LOTTE " which had been set up by the legendary South Korean entrepreneur Shin Kyuk Ho.Lotte is present in around 70 countries and has a turnover of around $ 1billion
LOTTE INDIA CORPORATION LIMITED
Chairman :Yong Tack Kim
Managing Director : Myung Ki Min
Director : DG Rajan
Registered Office: No. 4 / 111, Mount Poonamallee Road , Manapakkam , Chennai- 600006
After a Reverse Book Building process the share was delisted w.e.f. 24-07-09. The discovered price was Rs. 540 /-
The Promoters ,Lotte Confectionery Co. Limited South Korea came to own 95.88 % of equity.
For the Year ending 31-03-10 ,S ales Rs. 197 Crore , Gross Profit Rs. 10 cr and net profit around Rs. 2 .5 Cr
In the Previous year Sales Rs. 183 cr; Gross Profit Rs. 6.1 Cr ,Net Loss Rs. 2.1 cr
Share Capital : Rs. 3 cr. 77 Lakh ( Now Rs. 9 Cr 56 Lakh )
Reserves Rs. 38 cr 87 Lakh
ZERO DEBT COMPANY
Status : Delisted
No.of Shareholders : around 2785 ( holding 4.12 % of equity shares )
With dominant market share comprising of products like "Lotte Coffy Bite " "Lotte Choco Pie " ,being-part of the renowned Lotte group and a robustly growing Indian market Lotte India Corporation Limited has a very bright future.
http://lotteindia.com/
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http://www.rareindianshares.info/2015/11/lotte-india-rs507-preferential-issue-to.html
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Financial Year Ended 31-12-2010
Financial Year Changed to end 31 December in order to be in line with the parent company.
Lotte Foods India Private Limited amalgamated with Lotte India Corporation Limited . As a result share capital rises to Rs. 9 cr.56 lakh.
For 9 months ending 31-12-10
Sales Rs. 155 crore
Gross Profit : Rs. 10 . 20 cr
Profit Before Tax Rs. 56 lakh
Net Loss Rs. 6 crore 17 lakh.
Dividend : NIL
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Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer
HISTORY
Originally promoted as Parry Confectionery Limited ( 1914 ) it set up its sweets confectionery factory at Nellikuppam in Cuddalore District of Tamil Nadu.
With India joining WTO and globalization , in 2004 , Murugappa ( EID Parry - Tube Investments) group sold their controlling stake to the renowned South Korean confectionery Multinational "LOTTE " which had been set up by the legendary South Korean entrepreneur Shin Kyuk Ho.Lotte is present in around 70 countries and has a turnover of around $ 1billion
LOTTE INDIA CORPORATION LIMITED
Chairman :Yong Tack Kim
Managing Director : Myung Ki Min
Director : DG Rajan
Registered Office: No. 4 / 111, Mount Poonamallee Road , Manapakkam , Chennai- 600006
After a Reverse Book Building process the share was delisted w.e.f. 24-07-09. The discovered price was Rs. 540 /-
The Promoters ,Lotte Confectionery Co. Limited South Korea came to own 95.88 % of equity.
For the Year ending 31-03-10 ,S ales Rs. 197 Crore , Gross Profit Rs. 10 cr and net profit around Rs. 2 .5 Cr
In the Previous year Sales Rs. 183 cr; Gross Profit Rs. 6.1 Cr ,Net Loss Rs. 2.1 cr
Share Capital : Rs. 3 cr. 77 Lakh ( Now Rs. 9 Cr 56 Lakh )
Reserves Rs. 38 cr 87 Lakh
ZERO DEBT COMPANY
Status : Delisted
No.of Shareholders : around 2785 ( holding 4.12 % of equity shares )
With dominant market share comprising of products like "Lotte Coffy Bite " "Lotte Choco Pie " ,being-part of the renowned Lotte group and a robustly growing Indian market Lotte India Corporation Limited has a very bright future.
http://lotteindia.com/
--------------------------------------------
http://www.rareindianshares.info/2015/11/lotte-india-rs507-preferential-issue-to.html
==============================
Financial Year Ended 31-12-2010
Financial Year Changed to end 31 December in order to be in line with the parent company.
Lotte Foods India Private Limited amalgamated with Lotte India Corporation Limited . As a result share capital rises to Rs. 9 cr.56 lakh.
For 9 months ending 31-12-10
Sales Rs. 155 crore
Gross Profit : Rs. 10 . 20 cr
Profit Before Tax Rs. 56 lakh
Net Loss Rs. 6 crore 17 lakh.
Dividend : NIL
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Lotte India Corporation - Turns Profitable
Delisted confectionery company Lotte India Corp ( formerly Parry Confectionery )
Provisional Figures for 9 Months ended 30-09-12
Sales :Rs.230 Crore
Profit Before Tax Rs. 6 / 50 Crore
98 : 37 % of the Capital is held by Lotte Confectionery Co. Limited of South Korea.:
Provisional Figures for 9 Months ended 30-09-12
Sales :Rs.230 Crore
Profit Before Tax Rs. 6 / 50 Crore
98 : 37 % of the Capital is held by Lotte Confectionery Co. Limited of South Korea.:
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For Year Ended 31 /12 /2014
Gross Sales : Rs. 374 cr
Gross Profit : Rs. 20 cr 61 lakh
Profit Before Tax : Rs.2 cr 72 lakh
Net Profit ( after Tax )
Re 1 cr 31 lakh
EPS : Re 1 /37 paise
Dividend : Nil
Promoter Holding : 98: 38 %
AGM ( 60th ) : 22/06/2015 at Chennai
http://lotteindia.com/pdf/AnnualReportFinal_2014.pdf
General Warning : Investment in Shares Can be Injurious to Your WEALTHLotte India Corporation Ltd - Annual Report ( Ending 31-12-12 )
Lotte India is delisted ( Promoter Holding 98 : 37 % )
Financials - 01-01-12 to 31- 12-12
Sales- Rs. 319 Crore
Gross Profit : Rs. 23 cr 89 lakh
After depreciation, Interest : Rs. 8 cr 37 lakh
Net Profit : Rs. 6 cr 66 lakh
EPS : Rs. 6 : 97 paise
Dividend : Nil
As on 31-12-1012
Share Capital : Rs. 9 cr 56 lakh
Reserves : Rs. 442 cr 38 lakh
Face Value Per Share :Rs.10
AGM : 14 - 06 - 2013 at Chennai
Financials - 01-01-12 to 31- 12-12
Sales- Rs. 319 Crore
Gross Profit : Rs. 23 cr 89 lakh
After depreciation, Interest : Rs. 8 cr 37 lakh
Net Profit : Rs. 6 cr 66 lakh
EPS : Rs. 6 : 97 paise
Dividend : Nil
As on 31-12-1012
Share Capital : Rs. 9 cr 56 lakh
Reserves : Rs. 442 cr 38 lakh
Face Value Per Share :Rs.10
AGM : 14 - 06 - 2013 at Chennai
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Lotte India Corporation - 31/12/2014 - Financial Results
For Year Ended 31 /12 /2014
Gross Sales : Rs. 374 cr
Gross Profit : Rs. 20 cr 61 lakh
Profit Before Tax : Rs.2 cr 72 lakh
Net Profit ( after Tax )
Re 1 cr 31 lakh
EPS : Re 1 /37 paise
Dividend : Nil
Promoter Holding : 98: 38 %
AGM ( 60th ) : 22/06/2015 at Chennai
Lotte India - Annual Report Year Ending 31/12/2014 Please Click :-
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Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism
NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this Blog or Blog Writer
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