DRHP Status : Not Filed
P&L Statement | 2022 | 2023 | 2024 |
---|---|---|---|
Revenue | 10 | 7 | 9 |
Cost of Material Consumed | 0 | 0 | 0 |
Gross Margins | 100 | 100 | 100 |
Change in Inventory | 0 | 0 | 0 |
Employee Benefit Expenses | 6 | 7 | 9 |
Other Expenses | 4 | 4 | 5 |
EBITDA | 0 | -4 | -5 |
OPM | 0 | -57.14 | -55.56 |
Other Income | 2 | 2 | 2 |
Finance Cost | 0 | 0 | 0 |
D&A | 6 | 5 | 4 |
EBIT | -6 | -9 | -9 |
EBIT Margins | -60 | -128.57 | -100 |
PBT | -4 | -7 | -7 |
PBT Margins | -40 | -100 | -77.78 |
Tax | -1 | -2 | -2 |
PAT | -3 | -5 | -5 |
NPM | -30 | -71.43 | -55.56 |
EPS | -0.37 | -0.62 | -0.62 |
Financial Ratios |
2022 | 2023 | 2024 |
---|---|---|---|
Operating Profit Margin | 0 | -57.14 | -55.56 |
Net Profit Margin | -30 | -71.43 | -55.56 |
Earning Per Share (Diluted) | -0.37 | -0.62 | -0.62 |
Assets | 2022 | 2023 | 2024 |
---|---|---|---|
Fixed Assets | 11 | 6 | 2.5 |
CWIP | 0 | 0.3 | 0.4 |
Investments | 0 | 0 | 0 |
Trade Receivables | 2 | 1.5 | 1.8 |
Inventory | 0 | 0 | 0 |
Other Assets | 59 | 59.2 | 57.3 |
Total Assets | 72 | 67 | 62 |
Liabilities | 2022 | 2023 | 2024 |
---|---|---|---|
Share Capital | 81 | 81 | 81 |
FV | 10 | 10 | 10 |
Reserves | -20 | -26 | -31 |
Borrowings | 0 | 0 | 0 |
Trade Payables | 0.6 | 0.6 | 0.54 |
Other Liabilities | 10.4 | 11.4 | 11.46 |
Total Liabilities | 72 | 67 | 62 |
Name | Holding |
---|---|
NCDEX | 67.22% |
NABARD | 13% |
ICICI Bank Limited | 9.90% |
State Bank Of India | 9.88% |
National E-Repository Limited (NERL) is engaged in the business of providing a platform for issuing negotiable warehouse receipts for commodities in electronic form. It offers services such as access to farmers & VCPs for Institutional finance, electronic record keeping of warehouse receipts, traceability of warehouse receipts, connectivity with commodity exchanges, connectivity with e-auction platform, access to FIS for lien creation, and other value-added services. It was incorporated in 2017 and has its registered office located in Maharashtra.
Commodity Market Expertise:
NeRL benefits from the deep knowledge and experience of NCDEX in the commodity market, allowing it to effectively manage the eNWR system and cater to the needs of commodity traders and stakeholders.
Digital Platform:
NeRL's advanced technology platform facilitates seamless electronic transactions and provides transparency in the warehousing and inventory management process.
Warehouse Receipt Financing Facilitation:
By promoting the use of eNWRs, NeRL enables easier access to financing for farmers and traders through pledge-based lending against their stored commodities.
Regulatory Compliance:
As a regulated entity under the Warehouse Development and Regulation Authority (WDRA), NeRL operates within a robust regulatory framework, ensuring trust and security for users.
Market Penetration Efforts:
NeRL actively engages with banks, financial institutions, and warehouse service providers to expand the adoption of eNWRs in the market.
Limited Market Reach:
Compared to established financial institutions, NeRL might face challenges in reaching a wider clientele, especially in geographically remote areas.
Dependence on Regulatory Environment:
Any changes in regulations related to warehouse receipt financing could impact NeRL's business model and operations.
Liquidity Concerns:
Being an unlisted company, NeRL shares may have lower liquidity, making it difficult to buy or sell shares readily.
Competition:
NeRL faces competition from other similar entities in the market, which could affect its market share.
Awareness and Adoption:
Promoting broader understanding and acceptance of eNWRs among market participants could be a challenge.