Kannur International Airport is an airport 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
Source: Kannur International Airport Annual Report FY 2020-21
Kannur International Airport Limited is an Unlisted Public Company promoted by Government of Kerala, to build and operate the airport on international standards, primarily to cater to the travelling needs of the large NRI population in the region who travel frequently to various international destinations, the flourishing business community and tourists. The area is of immense tourist potential and attracts both domestic and international tourists.
Kannur International Airport is the fourth interantional airport of Kerala enabling a hassle-free approach to verdant and picturesque locales like Wayanad, Bekal, Coorg, Ooty, and Mysore. Kannur International Airport helps visitors conveniently access dazzling beaches, historic forts, and breathtaking hill stations.
The Airport Project:
Kannur International Airport is the second greenfield airport in Kerala, built on Public Private Partnership model in an area of about 2,300 acres. Land has been acquired by the State Government through KINFRA, the Nodal Agency, and is being transferred to the Company in a phased manner. Construction of the airport has been completed.
Orientation of the runway is 7/25, and the runway length of 3050 metres has been completed. This will be extended to 4000 metres in the near future. Passenger Terminal Building, measuring over 97,000 square metres, has also been completed and fully equipped.
Kannur International Airport was commissioned on 9 December 2018, and it is the 4th international airport in Kerala, the only State in the country to have 4 international airports. As per the Information Memorandum prepared by SBI CAPS, the airport is expected to have an approximate annual traffic of 1.65 million international and 0.16 million domestic passengers in FY 2018-19.
Kannur International Airport Snapshots
Source: Kannur International Airport Annual Report FY 2020-21
| Name | Kannur Interntional Airport Limited Unlisted Shares |
|---|---|
| Face Value | Rs.100 |
| ISIN Code | INE02Y401013 |
| PAN | AADCK8494N |
| Particulars | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Revenue from operations | 4 ,477.06 | 11,589.80 | 1500.98 | 42 |
| Other Income | 550.93 | 185.57 | 406.72 | 300.61 |
| Total Income | 5,027.99 | 11,775.37 | 1907.70 | 342.61 |
| Total Expenses | 22,876.31 | 22,617.32 | 9767.40 | 1324.55 |
| Profit/(Loss) before tax | (17,848.32) | (10,885.97) | (7,890.87) | (990.68) |
| Profit/(Loss) after tax | (18,406.32) | (9503.86) | (4,696.26) | (990.68_ |
| EPS (In INR) | (13.76) | (7.37) | (4.28) | (0.95) |
*Rates mentioned in the chart are indicative.
Total Number of Outstanding Shares: 133,812,100 (As per annual report 2020-21)
Market Cap Scenarios:
At 100 Rs/Share, Kannur International Airport Unlisted Shares values the company at approx. Rs. 1,338 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kannur International Airport unlisted shares.
At 120 Rs/Share, Kannur International Airport Unlisted Shares values the company at approx. Rs.1,606 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kannur International Airport unlisted shares.
At 140 Rs/Share, Kannur International Airport Unlisted Shares values the company at approx. Rs. 1,873 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Kannur International Airport unlisted shares.
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