September 20, 2017 10:12 AM ET

Industrial Conglomerates

Company Overview of ENL Limited

Company Overview

ENL Limited operates as an industrial conglomerate in Mauritius. It engages in agriculture, commerce and manufacturing, property development, investment management, and corporate services businesses. The company produces sugar cane, beach mattresses, cushions, sports bags, life and ski jackets, life buoys, cooler bags, filing products, and envelopes. It also offers flower export, landscaping, car dealership, soft woods and timber drying, and courier services, as well as contracting services and products to home owners in the areas of flooring and skirting, decking for pools and verandas, and kiosks and pergolas. In addition, the company provides corporate services that include strategic mana...

7th Floor, Swan Group Centre

10, Intendance Street

Port Louis,  

Mauritius

Founded in 1944

Phone:

230 213 38 00

Fax:

230 208 09 68

Key Executives for ENL Limited

Co-Chief Executive Officer
Age: 53
Co-Chief Executive Officer
Age: 59
Compensation as of Fiscal Year 2017.

ENL Limited Key Developments

ENL Limited Announces Group Earnings Results for the Full Year Ended June 30, 2016

ENL Limited announced group earnings results for the full year ended June 30, 2016. For the year, the company’s net indebtedness was MUR 15,386 million compared to MUR 9,291 million a year ago. Increase in indebtedness resulting from the debt of new subsidiaries and the financing of investments, but gearing contained at 31%. Turnover was MUR 13,363 million compared to MUR 12,266 million a year ago. The group's turnover grew by 9% and its operating profits by 40% in 2016. The growth was driven by the good performance of the various segments and the consolidation of Bagaprop as a subsidiary since July 2015. Profit after taxation registered a decrease of 36% over the previous year down to MUR 875 million compared to MUR 1,357 million a year ago. This reduction is due to losses of MUR 32 million incurred on the sale of land and investments compared to profits of MUR 392 million in 2015 which were impacted by exceptional profits of around MUR 285 million on the disposal of Attacq shares; reduced share of profit from associated companies and jointly-controlled entities; Higher finance costs due to additional loans contracted for the various acquisitions and investments made during the year and the consolidation of Bagaprop Fair value gains of MUR 627 million on investment properties arose mainly on the revaluation of the retails assets and new land conversion received during the year. Operating profit was MUR 957 million compared to MUR 683 million a year ago. Profit for the year attributable to equity holders of the company was MUR 236,480 million compared to MUR 536,093 million a year ago. Earnings per share were MUR 1.11 compared to MUR 2.51 a year ago. Net asset value per share was MUR 77.03 compared to MUR 77.07 a year ago. Net cash flows from operating activities was MUR 1,638,404,000 compared to MUR 989,874,000 a year ago.

ENL Limited, 2016 Earnings Call, Oct 07, 2016

ENL Limited, 2016 Earnings Call, Oct 07, 2016

ENL Limited to Report Fiscal Year 2016 Results on Sep 29, 2016

ENL Limited announced that they will report fiscal year 2016 results on Sep 29, 2016

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
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