Kamadgiri Fashion Ltd.
You can view the entire text of Notes to accounts of the company for the latest year
ISIN No INE535C01013 52Wk High (Rs.) 188 BV (Rs.) 69.11 FV (Rs.) 10.00
Bookclosure 18/09/2018 52Wk Low (Rs.) 78 EPS (Rs.) 11.10 P/E (X) 8.99
Mkt Cap. (Rs. Cr.) 58.52 P/BV (X) 1.44 Div Yield (%) 2.01 Mkt Lot 1
2016-03

1. Additional Term loan from bank amounting to Rs.375 Lakh sanctioned during the financial year 2015-2016. The same is repayable in 60 Monthly instalments of Rs.6.25 Lakh each along with interest. The loan is secured by equitable mortgage of Factory Land and Building and hypothecation of Plant and Machineries.

Term Loan of Rs.283.10 Lakh are secured by equitable mortgage of Factory Land and Building and hypothecation of Plant and Machineries. The loan is repayable in 43 equal monthly installments of Rs.6.67 Lakh each along with interest.

Term Loan of Rs.300 Lakh are secured by equitable mortgage of Factory Land and Building and hypothecation of Plant and Machineries. The loan is repayable in 30 equal monthly installments of Rs.10 Lakh each along with interest.

The rate of interest on the above mentioned Term Loans ranges between 12.50 % p.a to 12.75 % p.a.

2. Vehicle loans taken from bank was carried interest @ 10.35% p.a. The loan is repayable in 14 installments of Rs.13,892 along with the interest, from the preceding month of the approval letter, the loan is secured by hypothecation of specific vehicle.

3. The company is engaged in manufacturing (in house and outsourced) fabrics, ready to wear garments, considering the overall nature, the management is of the opinion that the entire operation of the company falls under one segment i.e. Textiles and as such there is no separate reportable segment for the purpose of disclosure as required under Accounting Standard - 17 segment reporting.

4. The Company has not entered into any non-cancelable lease during the year. Lease rental expense aggregating to Rs.255.86 Lakh (previous year Rs.194.59 Lakh) recognized in Statement of Profit & Loss

5. Previous year's figures have been regrouped/rearranged wherever considered necessary to make them comparable with current year's figure.