FLIPKART INDIA PRIVATE LIMITED

Detailed Report

04 August, 2020
 FLIPKART INDIA PRIVATE LIMITED

Chapter 1 Overview 4
1.1 Vitals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.2 Contact Details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.3 Latest Filings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.4 Old Names Of This Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.5 Old Cins Of This Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.6 Industry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.7 Kyc Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.8 Financial Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
1.9 Auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Chapter 2 Directors And Kmp 6

2.1 Current Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2.2 Current Kmp Other Than Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2.3 Other Directorships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2.4 Previous Directors / Kmp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Chapter 3 Financials 8
3.1 Financial Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.2 Standalone Balance Sheet (ind-As) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.3 Standalone Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
3.4 Standalone Profit And Loss (ind-As) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
3.5 Standalone Profit And Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
3.6 Important Ratios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Chapter 4 Terms And Conditions 14

4.1 Copyright . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
4.2 Disclaimer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

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 FLIPKART INDIA PRIVATE LIMITED

OVERVIEW
04 August, 2020

VITALS

Status Active Authorised share capital 1.00 cr

CIN U51909KA2011PTC060489 Paid up share capital 97.89 lac
Incorporation Date 19 September, 2011 Sum of existing charges 116.67 cr
Category Company limited by Shares Last reported AGM date 27 September, 2019
Sub-category Non-govt company Listing status Unlisted

CONTACT DETAILS

Registered Address
Email Address teamcs@flipkart.com
Buildings Alyssa, Begonia & Clover, Embassy
Website https://www.flipkart.com Tech Village, Outer Ring Road
Telephone 080037786001 Devarabeesanahalli Village Bengaluru
Bangalore Karnataka - 560103

LATEST FILINGS

LATEST ANNUAL RETURN 31 March, 2019

LATEST BALANCE SHEET 31 March, 2019
LATEST PROFIT & LOSS 31 March, 2019

OLD NAMES OF THIS COMPANY

No previous names were found for this company.

OLD CINS OF THIS COMPANY

No previous cins were found for this company.

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INDUSTRY

Trading

KYC INFORMATION as on 01 April, 2016

Company PAN AABCF8078M No. of Employees 1,001 - 5,000

FINANCIAL HIGHLIGHTS Figures in INR as on 31 March, 2019

Revenues 30,931.00 cr EBITDA -3,747.30 cr

Profit After Tax -3,835.30 cr Networth 6,138.85 cr

AUDITORS as on 04 August, 2020

Auditor Type Signatory Name Year

S.R. BATLIBOI & ASSOCIATES Auditor Firm MEHRA SUMIT 31 March, 2019
LLP

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DIRECTORS AND KMP

04 August, 2020

CURRENT DIRECTORS as on 04 August, 2020

Director's name Date of appointment Designation

PRABHU BALA SRINIVASAN 03 July, 2018 Director / Professional
SANTOSH KUMAR BETHALA 16 February, 2020 Director

CURRENT KMP OTHER THAN

as on 04 August, 2020
DIRECTORS

No key management personnel found.

OTHER DIRECTORSHIPS as on 04 August, 2020

Director's name Company name Designation Date of appointment

PREVIOUS DIRECTORS / KMP as on 04 August, 2020

Director's name Date of Date of cessation Last designation Reason for leaving
appointment
VIDYA NAGARAJA RAO Not available 04 Oct 2011 Director Resignation
ARUNA Not available 04 Oct 2011 Director Resignation
CHANDRASHEKAR
LOKESH KOPPARAM 03 Oct 2011 26 Mar 2013 Director Resignation u/s 168
VENKATANARAYANA
LOKESH KOPPARAM 03 Oct 2011 26 Mar 2013 Director Resignation u/s 168
VENKATANARAYANA
LOKESH KOPPARAM 03 Oct 2011 26 Mar 2013 Director Resignation u/s 168
VENKATANARAYANA
VAIBHAV GUPTA 25 Mar 2013 11 Jun 2015 Director Resignation u/s 168
Rajnish Singh Baweja 11 Jun 2015 02 Sep 2015 Director Resignation u/s 168
Rajnish Singh Baweja 11 Jun 2015 02 Sep 2015 Director Resignation u/s 168
VINOD TULSIRAMAN Not available 08 Sep 2017 Director Resignation u/s 168
GIRI
RAJIV SAWHNEY Not available 03 Nov 2017 Director Resignation u/s 168

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LALIT BHIMANI 08 Sep 2017 23 Mar 2018 Director Resignation u/s 168
SAKAIT CHAUDHARY 30 Oct 2017 13 Mar 2019 Director Resignation u/s 168

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FINANCIALS
04 August, 2020

FINANCIAL HIGHLIGHTS Figures in INR Lacs

Particulars 31 March 31 March 31 March 31 March 31 March

2019 2018 2017 2016 2015
Operating Revenue 3,057,120.00 2,143,865.00 1,526,442.30 1,281,800.70 935,175.05
EBITDA -374,730.00 -197,921.50 -17,849.00 -48,427.50 -78,279.40
Profit/Loss After Tax -383,530.00 -206,482.60 -24,473.30 -54,436.70 -83,650.94
Net Profit/Loss Margin -12.40% -9.53% -1.57% -4.13% -8.77%
Networth 613,885.09 635,359.77 394,494.50 418,999.20 472,597.34
ROE -62.48% -32.50% -6.20% -12.99% -17.70%
Days Receivable 30.00 20.00 20.00 6.00 13.00
Days Payable 47.00 48.00 53.00 40.00 60.00
Current Ratio 2.30 2.35 2.51 2.65 3.20
Debt to Equity Ratio 0.03 0.04 0.00 0.13 0.02

STANDALONE BALANCE SHEET

Figures in INR Lacs
(IND-AS)

Particulars 31 March, 31 March, 31 March, 31 March, 31 March,

2019 2018 2017 2016 2015
EQUITY AND LIABILITIES
Equity Share Capital 85.09 72.77 54.00 54.00 54.00
Other Equity 613,800.00 635,287.00 394,440.50 418,945.20 -
Non-Current Liabilities
Financial Liabilities
Borrowings - - - - -
Trade Payables - - - - -
Other Financial - - - - -
Liabilities
Provisions 930.00 761.80 566.80 593.70 -
Deferred Tax Liabilities - - - - -
Other Liabilities - - - - -
Current Liabilities
Financial Liabilities

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Borrowings 15,780.00 22,851.00 - 43,617.60 -

Trade Payables 405,980.00 287,056.60 228,766.00 147,248.60 -
Other Financial 4,930.00 223.60 577.70 341.90 -
Liabilities
Provisions 1,110.00 1,032.80 1,027.20 1,198.60 -
Current Tax Liabilities - - - - -
Other Liabilities 43,270.00 40,634.60 11,397.90 8,563.20 -
Liabilities Associated With - - - - -
Assets In Disposal Group
Regulatory Deferral - - - - -
Account Credit Balances
Total Equity and 1,085,885.09 987,920.17 636,830.10 620,562.80 54.00
Liabilities
ASSETS
Non-Current Assets
Property, Plant and 110.00 11,339.30 14,101.50 18,307.70 14,521.80
Equipment
Capital Work-in-Progress - 1,373.90 1,035.70 60.30 -
Investment Property - - - - -
Goodwill 180.00 182.30 182.30 182.30 182.30
Intangible Assets - 3.80 12.90 31.30 46.50
Intangible Assets Under - - - - -
Development
Financial Assets
Investments - 57,095.80 - - -
Trade Receivables - - - - -
Loans - - 148.60 773.10 -
Other Financial Assets - 90,430.60 12,651.80 65,619.60 -
Deferred Tax Assets - - - - -
Other Assets 520.00 1,586.30 1,138.30 2,551.90 -
Current Assets
Inventories 244,980.00 225,309.40 174,318.40 142,022.80 -
Financial Assets
Investments 257,990.00 160,819.80 77,039.60 189,951.10 -
Trade Receivables 255,630.00 123,558.80 89,281.20 22,463.80 -
Cash and Cash 1,870.00 7,025.60 77,377.00 126,402.50 221,975.20
Equivalents
Other Bank Balances - - - - -
Loans 15,680.00 31,367.60 133,490.90 22,324.20 -
Other Assets 166,670.00 189,196.50 36,064.90 16,139.60 -
Current Tax Assets - - - - -
Other Assets 142,260.00 88,630.50 19,987.00 13,732.60 -

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Noncurrent Assets Held - - - - -

For Sale
Regulatory Deferral - - - - -
Account Debit Balances
Total Assets 1,085,890.00 987,920.20 636,830.10 620,562.80 236,725.80

STANDALONE BALANCE SHEET Figures in INR Lacs

Particulars 31 March, 2016 31 March, 2015

EQUITY AND LIABILITIES
Shareholders Funds
Share Capital 54.00 54.06
Reserves and Surplus 418,945.20 472,543.28
Money Received Against - -
Share Warrants
Share Application Money - -
Pending Allotment
Non-Current Liabilities
Long Term Borrowings - -
Deferred Tax Liabilities - -
Other Long Term - 54.20
Liabilities
Long Term Provisions 593.70 367.06
Current Liabilities
Short Term Borrowings 43,617.60 -
Trade Payables 147,248.60 158,670.55
Other Current Liabilities 8,905.10 7,457.53
Short Term Provisions 1,198.60 816.41
Total Equity and 620,562.80 639,963.09
Liabilities
ASSETS
Non-Current Assets
Fixed Assets
Tangible Assets 18,307.70 14,521.66
Intangible Assets 213.60 228.71
Capital 60.30 762.70
Work-in-Progress
Intangible Assets - -
Under Development
Non-Current Investments - -
Deferred Tax Assets - -

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Long Term Loans and 773.10 6,770.25

Advances
Other Non-Current 68,171.50 82,952.00
Assets
Current Assets
Current Investments 189,951.10 136,800.00
Inventories 142,022.80 116,535.37
Trade Receivables 22,463.80 35,870.46
Cash and Cash 126,402.50 221,975.20
Equivalents
Short Term Loans and 22,324.20 18,605.31
Advances
Other Current Assets 29,872.20 4,941.43
Total Assets 620,562.80 639,963.09

STANDALONE PROFIT AND LOSS

Figures in INR Lacs
(IND-AS)

Particulars 31 March, 2019 31 March, 2018 31 March, 2017 31 March, 2016

CONTINUING OPERATIONS
Revenue from operations 3,057,120.00 2,143,865.00 1,526,442.30 1,281,800.70
Other Income 35,980.00 21,901.60 30,483.90 35,944.50
Total Revenue 3,093,100.00 2,165,766.60 1,556,926.20 1,317,745.20
Cost of Materials - - - -
Consumed
Purchases of Stock in 3,439,680.00 2,366,088.50 1,574,831.00 1,339,612.70
Trade
Changes in Inventory -19,670.00 -50,991.00 -32,295.60 -25,487.40
Employee Benefit 24,620.00 33,154.50 16,666.80 24,544.10
Expenses
Finance Costs 6,370.00 2,336.90 1,004.80 1,022.80
Depreciation and 2,430.00 6,224.20 5,619.50 5,006.40
Amortization
Other Expenses* 23,200.00 15,436.10 15,573.00 27,503.30
Total Expenses 3,476,630.00 2,372,249.20 1,581,399.50 1,372,201.90
Total Revneue Less -383,530.00 -206,482.60 -24,473.30 -54,456.70
Total Expenses
Prior Period and - - - -
Exceptional Items
Profit Before Tax -383,530.00 -206,482.60 -24,473.30 -54,456.70
Current Tax Expense - - - -
Deferred Tax Expense - - - -

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Net Movement in - - - -
Regulatory Deferral
Account Balances
Profit From Continuing -383,530.00 -206,482.60 -24,473.30 -54,456.70
Operations
Profit From Discontinuing - - - -
Operations (After Tax)
Net Profit/Loss -383,530.00 -206,482.60 -24,473.30 -54,456.70
Other Comprehensive -150.00 100.20 -31.40 20.00
Income
Total Comprehensive -383,680.00 -206,382.40 -24,504.70 -54,436.70
Income/Loss

STANDALONE PROFIT AND LOSS Figures in INR Lacs

Particulars 31 March, 2016 31 March, 2015

CONTINUING OPERATIONS
Revenue from operations 1,281,800.70 935,175.05
Other Income 35,944.50 18,498.59
Total Revenue 1,317,745.20 953,673.64
Cost of Materials - -
Consumed
Purchases of Stock in 1,339,612.70 1,033,573.06
Trade
Changes in Inventory -25,487.40 -74,183.07
Employee Benefit 24,544.10 18,813.64
Expenses
Finance Costs 1,022.80 1,427.45
Depreciation and 5,006.40 3,944.09
Amortization
Other Expenses* 27,503.30 53,749.40
Total Expenses 1,372,201.90 1,037,324.58
Total Revneue Less -54,456.70 -83,650.94
Total Expenses
Prior Period and - -
Exceptional Items
Profit Before -54,456.70 -83,650.94
Extraordinary Items
Extraordinary Items - -
Profit Before Tax -54,456.70 -83,650.94
Current Tax Expense - -
Deferred Tax Expense - -

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Profit From Continuing -54,456.70 -83,650.94

Operations
Profit From Discontinuing 20.00 -
Operations (After Tax)
Net Profit/Loss -54,436.70 -83,650.94

IMPORTANT RATIOS

Particulars 31 March, 2019 31 March, 2018

Leverage Ratios
Total Debt/Equity Ratio 0.10 0.10
Total Assets/Equity Ratio 1.77 1.55
Total Debt/Total Assets 0.06 0.06
Ratio
Interest Coverage Ratio -59.21 -87.36
Liquidity ratios
Quick Ratio 1.07 1.12
Current Ratio 2.30 2.35
Performance ratios
Gross Margin -11.87% -7.99%
Net Margin -12.40% -9.53%
Return on Fixed Assets -348663.64% -1623.67%
Return on Equity -62.48% -32.50%
Return on Capital -62.45% -42.41%
Employed
Total Asset Turnover 2.85 2.19
Fixed Asset Turnover 27792.00 168.58
Days Receivables 30 21
Outstanding
Days of Inventory 26 35

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COPYRIGHT

Copyright (C) 2016-2018. Prepared, owned and distributed by TWS Systems Pvt Ltd. All Rights Reserved. The
content of this report is protected by applicable copyright laws. Content may not be reproduced, distributed,
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otherwise without prior written permission.

DISCLAIMER

The present report is purely a summary of the contents and status of documents examined on an inspection of the
Company's documents available on the official website of the Ministry of Corporate Affairs (www.mca.gov.in) . The
report is not based on any personal judgments or opinion of any individual or professional.

Please note that the content of these documents have not been audited at our end and no representation or
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This report is provided for general information only and is without warranty of any kind- express or implied,
including but not limited to warranties of merchantability, fitness for a particular purpose.

TWS Systems Private Limited, its directors, officers or employees or any of their data providers shall not be liable
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