Kannur International Airport
Company Overview
Kannur International Airport (IATA: CNN, ICAO: VOKN) is serving the North Malabar region of Kerala, Kodagu and Mysore districts of Karnataka and Mahé district of Puducherry in India. It is located 28 km (17 mi) east of Kannur town, and 24 km (15 mi) east of Thalassery town, near the municipality of Mattannur in Thalassery taluk of Kannur district in Kerala. It is owned and operated by Kannur International Airport Limited (KIAL), a public–private consortium. The airport opened for commercial operations on 9 December 2018.[4]
The Kannur Airport was expected to serve more than one million passengers annually and authorities estimate the number would increase five-fold by 2025.[5] The airport could serve one million passengers in just nine months since commercial operations began.[6][7] Amidst the COVID-19 crisis the greenfield airport could maintain stable growth and it achieved the milestone of two million passengers in the twenty-third month of operations in November 2020.[8]
The first aircraft to land was an IAF (Indian Air Force) aircraft that touched down at the airport on 29 February 2016.[9] The first trial passenger flight operation conducted on 20 September 2018 using a Boeing 737-800 aircraft from Air India Express.[10][11] On the inaugural day, 9 December 2018, an Air India Express flight IX 715 (Boeing 737-800) took off to Abu Dhabi at 10:13 (IST), becoming the first commercial passenger aircraft to depart from Kannur International Airport.[12][4][13][14] The Airport was inaugurated by Minister of Civil Aviation, Suresh Prabhu and Kerala Chief Minister Pinarayi Vijayan.
id | company_master_id | company | shareholder | sharesNo | shareHolding | dateOfUpdate |
---|---|---|---|---|---|---|
97 | 40 | Kannur International Airport | Public | 81050000 | 0 | 2019-03-31 |
96 | 40 | Kannur International Airport | Government of Kerala | 35000000 | 0 | 2019-03-31 |
id | company_master_id | company | shareholder | sharesNo | shareHolding | dateOfUpdate |
Revenue Segment
Share Holding
Revenue & Margins
% Margins
Company Financials
Profit and Loss Account (₹ in Crores) | 2019 | 2020 | 2021 |
---|---|---|---|
Revenue from Operations | 15.01 | 0 | 44.77 |
Other Income | 4.07 | 0 | 5.5 |
Total Income | 19.08 | 0 | 50.27 |
Cost of Operations | 16.03 | 0 | 45.05 |
EBITDA | -25.35 | 0 | -20.77 |
EBITDA % | -1.33 | 0 | -41.32 |
EBIT | -46.24 | 0 | -89.42 |
EBIT % | -2.42 | 0 | -177.88 |
PBT | -78.91 | 0 | -178.47 |
PBT % | -4.14 | 0 | -355.02 |
TAX | -31.95 | 0 | 5.62 |
NPAT | -46.96 | 0 | -173.11 |
NPAT % | -2.46 | 0 | -344.36 |
EPS (Basic) in ₹ | -4.28 | 0 | -13.83 |
EPS (Diluted) in ₹ | -4.28 | 0 | -13.83 |
Dividend Per Share (in ₹) | 0 | 0 | 0 |
Sources of funds
Application of funds
Balance Sheet (₹ in Crores) | 2019 | 2020 | 2021 |
---|---|---|---|
Share Capital | 1160.5 | 0 | 1338.12 |
Reserves | -45.7 | 0 | -324.53 |
Networth | 1114.8 | 0 | 1013.59 |
Long Term Borrowings | 884.41 | 0 | 0 |
Short Term Borrowings | 7.79 | 0 | 0 |
Current Liabilities | 125.04 | 0 | 123.66 |
Non-Current Assets | 2061.78 | 0 | 0 |
Current Assets | 68.72 | 0 | 0 |
Total Assets | 2130.5 | 0 | 0 |
Cash Bank Balance | 8.31 | 0 | 0 |
Trade Receivables | 13.04 | 0 | 0 |
Trade Payables | 8.96 | 0 | 0 |
Inventory | 0 | 0 | 0 |
Cash Flow Statement (₹ in Crores) | 2019 | 2020 | 2021 |
---|---|---|---|
Cash flow from operating Activities | -98.49 | 0 | -13.84 |
Cash flow from Investing Activities | -104.69 | 0 | -22.77 |
Cash flow from Financing Activities | 123.87 | 0 | -38.31 |
Net Cash-Flow | -79.31 | 0 | -80.72 |
KEL %
SHEELA %
Price Multiples as on 2021-05-08 | |
---|---|
Face Value Per Share (in ₹) | 100 |
Price Per Share (in ₹) | 115 |
P/E | -8.32 |
P/B | 1.32 |
Dividend Yield | 0 % |
Price / Sales | 29.81 |
Market Cap (₹ in Crores) | 1335 |
id | company_master_id | In The News | Date |
---|---|---|---|
32 | 40 | Kannur Airport to become cargo gateway for North Malabar, South Karnataka | 2021-02-22 |
33 | 40 | GMR Airports opens its first duty free outlet at Kannur international airport | 2021-02-18 |
34 | 40 | CM appeals to expatriates to invest in Kannur airport | 2019-12-10 |
In the News |
---|
Company News Headline - Month DD,YYYY |
Company News Headline - Month DD,YYYY |
Company News Headline - Month DD,YYYY |