Company Information

  

Address: 29E, A.U. Tower
Jumeirah Lake Towers 
City: Dubai 
State:  
Zip Code: 00000 
Telephone: 9714-235-1755 

Description of Business

Primary SIC Code: 2000
(As filed with the SEC)  

We are a leading global manufacturer, marketer and distributor of branded packaged specialty rice and other related food products, with sales across five continents around the world. We generate the majority of our revenue through the sale of Basmati rice, a premium long-grain variety of rice grown only in the geographically indicated region of the Indian sub-continent, as well as other specialty rice. We sell our products under our flagship Amira brand, as well as under other Company owned brands and third party brands. We have expanded our product offerings in recent years to include other value-add categories such as edible oils and organics. We also sell other products such as wheat, barley, legumes and other produce to large institutional customers.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.84NA7.32
03/20160.90NA10.86
03/20151.46NA6.14
12/20141.35NA10.63
09/20141.20NA13.05
06/20141.09NA12.56
03/20141.04NA16.38
09/20130.83NA15.59

Key Financial Ratios and Statistics

FYE: 03/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.31Total Liab/Total Assets0.54
Net Inc/Total Assets0.05Total Liab/Inv Cap3.73
Net Inc/Inv Cap0.38Total Liab/Comm Equity3.04
Pretax Inc/Net Sales0.07Interest Coverage Ratio2.23
Net Inc/Net Sales0.06Curr Debt/Equity0.85
Cash Flow/Net Sales0.01LTD/Equity0.00
SG&A/NetSales-0.02Total Debt/Equity0.86
Asset Utilization   Liquidity  
Net Receivables Turnover2.76Quick Ratio1.05
Inventory Turnover1.93Current Ratio2.07
Inventory Day Sales0.00Net Rec/Curr Assets0.38
Net Sales/Work Cap1.93Inv/Curr Assets0.49
Net Sales/PP&E29.55  

Income Statement (Millions)

  3/31/2017 3/31/2016 3/31/2015 3/31/2014
Total Revenues(Net Sales) 551.83 563.45 700.04 547.34
Cost of Goods Sold 495.33 441.11 635.61 477.48
Selling & Admin Exps -11.91 57.71 -26.93 -5.52
Operating Income 66.63 62.56 88.97 73.32
Interest Exp 29.27 27.06 34.99 25.86
Pretax Income 36.11 37.81 61.77 47.43
Other Income -1.25 2.31 7.79 -0.03
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 31.51 32.91 53.16 38.13

Balance Sheet (Millions)

Assets 3/31/2017 3/31/2016 3/31/2015 3/31/2014
Cash & Short Term Investments 16.83 18.29 47.94 42.31
Receivables - Total 209.67 189.70 130.40 80.88
Inventories - Total 273.06 239.05 262.89 254.95
Total Current Assets 552.97 476.03 471.02 394.69
Net Property, Plant & Equipment 18.67 19.93 22.56 23.28
Total Assets 574.61 502.99 497.07 422.45
Liabilities        
Accounts Payable 28.80 30.23 48.70 50.84
Debt in Current Liabilities 224.39 208.92 209.86 182.10
Total Current Liabilities 266.56 247.21 267.73 240.96
Long-Term Debt 0.05 0.52 1.47 2.74
Total Liabilities 312.12 286.78 303.71 268.61
Stockholder's Equity        
Minority Interest 40.74 33.51 27.97 18.01
Preferred Stock NA NA NA NA
Common Stock 0.01 0.01 0.01 0.01
Retained Earnings 167.42 142.30 116.47 74.33
Treasury Stock NA NA NA NA
Total Stockholders' Equity 262.48 216.21 193.36 153.84
Total Liabilities and Stockholders' Equity 574.61 502.99 497.07 422.45

Cash Flow Summary (Millions)

Categories 3/31/2017 3/31/2016 3/31/2015 3/31/2014
Net Cash Provided by Operating Activities 5.79 -6.47 7.38 3.00
Net Cash Provided by Investing Activities 3.35 1.85 -0.50 -4.33
Net Cash Provided by Financing Activities -18.60 -21.85 3.80 10.48

Annual Summary Data (Millions)

Year Sales Net Income EPS
03/2013413.6819.250.63
03/2014547.3438.131.04
03/2015700.0453.161.46
03/2016563.4532.910.90
03/2017551.8331.51--
Growth Rates7.4713.11--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17374,82013.01




Report Date : 12/11/2017

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