1. Summary Information
|
|
|
Country |
|
|
Company Name |
UNITECH POWER
TRANSMISSION LIMITED |
Principal Name 1 |
Mr. Mahesh Kumar Agrawal |
|
Status |
Moderate |
Principal Name 2 |
Mr. Rajan Narula |
|
|
|
Registration # |
-- |
|
Street Address |
Unitech House, 6
Community Centre, Saket, New Delhi-110017, Delhi |
||
|
Established Date |
14.09.1995 |
SIC Code |
-- |
|
Telephone# |
95-124-2341830 |
Business Style 1 |
Manufacturers of Galvanized Steel Lattice Towers |
|
Fax # |
95-124-2341829 |
Business Style 2 |
-- |
|
Homepage |
-- |
Product Name 1 |
-- |
|
# of employees |
-- |
Product Name 2 |
-- |
|
Paid up capital |
Rs.300.000 Millions |
Product Name 3 |
-- |
|
Shareholders |
Unitech Limited -29999940 |
Banking |
Syndicate Bank |
|
Public Limited Corp. |
-- |
Business Period |
17 years |
|
IPO |
--- |
International Ins. |
- |
|
Public |
--- |
Rating |
B (30) |
|
Related
Company |
|||
|
Relation
Holding Company |
Country
India |
Company
Name |
Unitech Limited |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
1,128,842,000 |
Current Liabilities |
710,632,000 |
|
Inventories |
309,440,000 |
Long-term Liabilities |
583,690,000
|
|
Fixed Assets |
131,714,000 |
Other Liabilities |
6,136,000 |
|
Deferred Assets |
-- |
Total Liabilities |
1,300,458,000 |
|
Invest& other Assets |
2,384,000 |
Retained Earnings |
-- |
|
|
|
Net Worth |
271,922,000 |
|
Total Assets |
1,572,380,000 |
Total Liab. & Equity |
1,572,380,000 |
|
Total Assets (Previous Year) |
1,426,166,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
1,836,250,000 |
Net Profit |
28,321,000 |
|
Sales(Previous yr) |
958,255,000 |
Net Profit(Prev.yr) |
(1,268,000) |
|
Report Date : |
06.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
UNITECH POWER TRANSMISSION LIMITED |
|
|
|
|
Formerly Known As : |
HYUNDAI UNITECH ELECTRICAL TRANSMISSION LIMITED |
|
|
|
|
Registered Office : |
Unitech House, 6 Community Centre, Saket, New Delhi-110017, Delhi |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.03.2011 |
|
|
|
|
Date of Incorporation : |
14.09.1995 |
|
|
|
|
Com. Reg. No.: |
55-72431 |
|
|
|
|
Capital Investment / Paid-up Capital : |
Rs.300.000 Millions |
|
|
|
|
CIN No.: [Company
Identification No.] |
U74999DL1995PLC072431 |
|
|
|
|
TAN No.: [Tax
Deduction & Collection Account No.] |
DELH01932A |
|
|
|
|
PAN No.: [Permanent
Account No.] |
AAACH4430Q |
|
|
|
|
Legal Form : |
A closely held public limited liability company |
|
|
|
|
Line of Business : |
Manufacturers of |
|
|
|
|
No. of Employees: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (30) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Maximum Credit Limit : |
USD 1087688 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. There appears
some accumulated losses recorded by the company. However trade relations are
reported as fair. Business is active. Payments are reported to be slow but
correct. In view of strong promoters, the company can be considered normal for
business dealings at usual trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
LOCATIONS
|
Registered Office : |
Unitech House, 6 Community Centre, Saket, New Delhi-110017, |
|
Tel. No.: |
95-124-2341830 / 11-26857330 |
|
Fax No.: |
95-124-2341829 / 11-26857338 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Head Office : |
Plot No. 136, Udyog Vihar, Phase -I, Gurgaon-122016, |
|
Tel. No.: |
91-124-2341830 / 2341831 |
|
Fax No.: |
91-124-2341829 |
|
E-Mail : |
|
|
|
|
|
Factory : |
A-33, MIDC Industrial Area, Butibori, Nagpur-441108, |
|
Tel. No.: |
91-7104-265457 / 265458 |
|
Fax No.: |
91-7104-265441 |
|
E-Mail : |
DIRECTORS
AS ON 04.08.2011
|
Name : |
Mr. Mahesh Kumar Agrawal |
|
Designation : |
Director |
|
Address : |
F-60, |
|
Date of Birth/Age : |
12.06.1962 |
|
Date of Appointment : |
01.04.2010 |
Other Directorship:
|
S.No. |
CIN |
Name of the Company |
Current designation of the director |
Date of appointment at current designation |
Original date of appointment |
Date of cessation |
Company Status |
Defaulting status |
|
1 |
U74899DL1996PTC080899 |
UNITECH HOTELS PRIVATE
LIMITED |
Director |
01/06/2006 |
01/06/2006 |
17/04/2008 |
Active |
NO |
|
2 |
U70109DL2006PLC151755 |
DHAULAGIRI PROJECTS
LIMITED |
Additional director |
21/08/2006 |
21/08/2006 |
10/09/2007 |
Active |
NO |
|
3 |
U70109DL2006PLC151756 |
DEORIA PROJECTS LIMITED |
Additional director |
21/08/2006 |
21/08/2006 |
10/09/2007 |
Active |
NO |
|
4 |
U70109DL2006PTC152001 |
ZANSKAR REALTY PRIVATE
LIMITED |
Director |
13/08/2007 |
05/09/2006 |
31/10/2007 |
Active |
NO |
|
5 |
U70109DL2006PTC149620 |
LANDSCAPE PROJECTS PRIVATE
LIMITED |
Director |
08/08/2007 |
05/09/2006 |
15/10/2007 |
Active |
NO |
|
6 |
U70109DL2006PTC149537 |
ZANSKAR PROJECTS PRIVATE
LIMITED |
Director |
28/09/2007 |
05/09/2006 |
- |
Active |
NO |
|
7 |
U70109DL2006PTC152003 |
SURU PROPERTIES PRIVATE
LIMITED |
Director |
13/08/2007 |
05/09/2006 |
- |
Active |
NO |
|
8 |
U70109DL2006PTC152002 |
DEORIA REALTY PRIVATE
LIMITED |
Director |
29/09/2007 |
05/09/2006 |
- |
Active |
NO |
|
9 |
U70109DL2006PTC152050 |
SANKOO BUILDERS PRIVATE
LIMITED |
Director |
28/09/2007 |
05/09/2006 |
- |
Active |
NO |
|
10 |
U70109DL2006PTC152179 |
SANGLA BUILDERS PRIVATE
LIMITED |
Additional director |
05/09/2006 |
05/09/2006 |
10/09/2007 |
Active |
NO |
|
11 |
U45200DL2006PTC155554 |
UNITECH COMMERCIAL AND
RESIDENTIAL DEVELOPERS PRIVATE LIMITED |
Director |
21/08/2007 |
23/12/2006 |
- |
Active |
NO |
|
12 |
U70109DL2006PTC152004 |
UNITECH LANDMARK BUILDERS
PRIVATE LIMITED |
Director |
20/08/2007 |
23/12/2006 |
- |
Active |
NO |
|
13 |
U45200DL2006PTC156284 |
COLOSSAL INFRA-DEVELOPERS PRIVATE
LIMITED |
Director |
24/09/2007 |
24/12/2006 |
- |
Active |
NO |
|
14 |
U45200DL2006PTC155043 |
ELBRUS DEVELOPERS PRIVATE
LIMITED |
Director |
12/09/2007 |
29/12/2006 |
- |
Active |
NO |
|
15 |
U24110WB2008PTC121374 |
PCR Chemicals Private
Limited |
Director |
18/09/2008 |
14/02/2008 |
18/06/2010 |
Active |
NO |
|
16 |
U11100DL2008PTC174831 |
MUNROS ENERGY PRIVATE
LIMITED |
Director |
20/08/2010 |
05/10/2009 |
21/02/2012 |
Under Process of Striking
off |
NO |
|
17 |
U11100DL2008PTC174832 |
EREBUS ENERGY PRIVATE
LIMITED |
Director |
20/08/2010 |
05/10/2009 |
21/02/2012 |
Under Process of Striking
off |
NO |
|
18 |
U11100DL2008PTC174679 |
NERIS ENERGY PRIVATE
LIMITED |
Director |
20/08/2010 |
05/10/2009 |
21/02/2012 |
Under Process of Striking
off |
NO |
|
19 |
U11100DL2006PTC153591 |
KALAKRITI ENERGY PRIVATE
LIMITED |
Director |
04/09/2010 |
05/10/2009 |
- |
Under Process of Striking
off |
NO |
|
20 |
U11100DL2006PTC154770 |
COLOSSAL ENERGY PRIVATE
LIMITED |
Director |
30/08/2010 |
05/10/2009 |
- |
Under Process of Striking
off |
NO |
|
21 |
U11100DL2007PTC157434 |
SUBLIME ENERGY PRIVATE
LIMITED |
Director |
20/09/2010 |
05/10/2009 |
- |
Under Process of Striking
off |
NO |
|
22 |
U11100DL2007PTC158395 |
HIGH STRENGTH ENERGY
PRIVATE LIMITED |
Director |
20/09/2010 |
05/10/2009 |
- |
Under Process of Striking
off |
NO |
|
23 |
U74999DL1995PLC072431 |
UNITECH POWER TRANSMISSION
LIMITED |
Whole-time director |
01/04/2010 |
01/04/2010 |
- |
Active |
NO |
|
24 |
U45200DL2007PTC159732 |
UNITECH INFRA-PROJECTS
PRIVATE LIMITED |
Director |
15/07/2010 |
15/07/2010 |
- |
Active |
NO |
|
25 |
U40108DL2007PTC171151 |
UNITECH POWER PROJECTS
PRIVATE LIMITED |
Director |
27/09/2010 |
01/09/2010 |
- |
Active |
NO |
|
Name : |
Mr. Rajan Narula |
|
Designation : |
Director |
|
Address : |
I-33, 1st Floor, Kirti Nagar, New Delhi-110015, |
|
Date of Birth/Age : |
02.04.1967 |
|
Date of Appointment : |
26.06.2009 |
Other Directorship:
|
S.No. |
CIN |
Name of the Company |
Current designation of the director |
Date of appointment at current designation |
Original date of appointment |
Date of cessation |
Company Status |
Defaulting status |
|
1 |
U92199DL2002PLC114253 |
UNITECH AMUSEMENT PARKS
LIMITED |
Director |
25/09/2007 |
17/07/2007 |
- |
Active |
NO |
|
2 |
U92199DL2002PTC114139 |
INTERNATIONAL RECREATION PARKS
PRIVATE LIMITED |
Director |
25/09/2007 |
18/07/2007 |
- |
Active |
NO |
|
3 |
U11100DL2006PTC154770 |
COLOSSAL ENERGY PRIVATE
LIMITED |
Director |
28/07/2008 |
12/09/2007 |
07/04/2009 |
Under Process of Striking
off |
NO |
|
4 |
U45200DL2007PTC160116 |
ARDENT PROPERTIES PRIVATE
LIMITED |
Director |
01/08/2008 |
12/09/2007 |
24/12/2008 |
Active |
NO |
|
5 |
U45200DL2006PTC156980 |
PRIMROSE DEVELOPERS
PRIVATE LIMITED |
Director |
13/08/2008 |
12/09/2007 |
- |
Active |
NO |
|
6 |
U11100DL2007PTC158395 |
HIGH STRENGTH ENERGY
PRIVATE LIMITED |
Director |
07/08/2008 |
12/09/2007 |
- |
Under Process of Striking
off |
NO |
|
7 |
U70102DL2007PTC160019 |
DEORIA ESTATES PRIVATE
LIMITED |
Director |
30/07/2008 |
12/09/2007 |
- |
Active |
NO |
|
8 |
U45200DL2006PTC155282 |
COLOSSAL PROPERTIES
PRIVATE LIMITED |
Additional director |
12/09/2007 |
12/09/2007 |
01/12/2007 |
Active |
NO |
|
9 |
U70109DL2006PTC152562 |
UNITECH REALTY CONSTRUCTIONS
PRIVATE LIMITED |
Director |
26/09/2008 |
27/10/2007 |
- |
Active |
NO |
|
10 |
U45200DL2007PTC157924 |
UNITECH REAL-TECH
DEVELOPERS PRIVATE LIMITED |
Director |
25/09/2008 |
27/10/2007 |
- |
Active |
NO |
|
11 |
U70109DL2007PTC157740 |
UNITECH REALTY SOLUTIONS
PRIVATE LIMITED |
Director |
26/09/2008 |
31/10/2007 |
- |
Active |
NO |
|
12 |
U45200DL2007PTC158767 |
UNITECH HI-TECH
INFRASTRUCTURES PRIVATE LIMITED |
Director |
26/09/2008 |
31/10/2007 |
- |
Active |
NO |
|
13 |
U92412DL2007PTC165316 |
ALOR GOLF COURSE PRIVATE
LIMITED |
Director |
05/08/2008 |
28/03/2008 |
13/04/2009 |
Active |
NO |
|
14 |
U92412DL2007PTC165314 |
ALOR RECREATION PRIVATE
LIMITED |
Director |
05/08/2008 |
28/03/2008 |
13/04/2009 |
Active |
NO |
|
15 |
U50102DL2007PTC165317 |
ALOR MAINTENANCE PRIVATE
LIMITED |
Director |
05/08/2008 |
28/03/2008 |
13/04/2009 |
Active |
NO |
|
16 |
U70101DL2005PLC134656 |
SOMERVILLE DEVELOPERS
LIMITED |
Director |
17/09/2009 |
13/12/2008 |
- |
Active |
NO |
|
17 |
U70101DL2005PLC132047 |
UNITECH SERVICE APARTMENTS
LIMITED |
Additional director |
13/12/2008 |
13/12/2008 |
27/11/2010 |
Active |
NO |
|
18 |
U45400DL2007PTC166534 |
UNITECH WIRELESS (DELHI)
Private LIMITED |
Director |
20/03/2009 |
20/03/2009 |
18/05/2009 |
Amalgamated |
NO |
|
19 |
U45400DL2007PTC167060 |
UNITECH WIRELESS (EAST)
PRIVATE LIMITED |
Director |
20/03/2009 |
20/03/2009 |
18/05/2009 |
Amalgamated |
NO |
|
20 |
U45300DL2007PTC166531 |
UNITECH WIRELESS (KOLKATA)
Private LIMITED |
Director |
20/03/2009 |
20/03/2009 |
18/05/2009 |
Amalgamated |
NO |
|
21 |
U45400DL2007PTC166896 |
UNITECH WIRELESS (MUMBAI)
PRIVATE LIMITED |
Director |
20/03/2009 |
20/03/2009 |
18/05/2009 |
Amalgamated |
NO |
|
22 |
U45400DL2007PTC167483 |
UNITECH WIRELESS (NORTH)
PRIVATE LIMITED |
Director |
20/03/2009 |
20/03/2009 |
18/05/2009 |
Amalgamated |
NO |
|
23 |
U45400DL2007PTC167056 |
UNITECH WIRELESS (SOUTH)
Private LIMITED |
Director |
20/03/2009 |
20/03/2009 |
18/05/2009 |
Amalgamated |
NO |
|
24 |
U45400DL2007PTC166910 |
UNITECH WIRELESS
(TAMILNADU) PRIVATE LIMITED |
Director |
20/03/2009 |
20/03/2009 |
18/05/2009 |
Active |
NO |
|
25 |
U45400DL2007PTC167633 |
UNITECH WIRELESS (WEST)
PRIVATE LIMITED |
Director |
20/03/2009 |
20/03/2009 |
18/05/2009 |
Amalgamated |
NO |
|
26 |
U64203DL2008PTC184382 |
SIMPSON UNITECH WIRELESS
PRIVATE LIMITED |
Director |
30/09/2009 |
30/03/2009 |
02/03/2010 |
Active |
NO |
|
27 |
U64200DL2008PLC179150 |
UNITECH BROADCAST LIMITED |
Director |
22/09/2009 |
07/04/2009 |
- |
Active |
NO |
|
28 |
U72900DL2008PLC179149 |
UNITECH BROADBAND LIMITED |
Director |
22/09/2009 |
07/04/2009 |
- |
Active |
NO |
|
29 |
U64201DL2008PLC179175 |
UNITECH TELECOM HOLDINGS
LIMITED |
Director |
22/09/2009 |
07/04/2009 |
- |
Active |
NO |
|
30 |
U64203DL2008PLC178795 |
UNITECH WIRELESS LIMITED |
Director |
22/09/2009 |
07/04/2009 |
- |
Active |
NO |
|
31 |
U64200DL2008PTC184499 |
ACORUS UNITECH WIRELESS
PRIVATE LIMITED |
Director |
30/09/2009 |
07/04/2009 |
02/03/2010 |
Active |
NO |
|
32 |
U64200DL2008PTC184380 |
CESTOS UNITECH WIRELESS PRIVATE
LIMITED |
Director |
30/09/2009 |
07/04/2009 |
02/03/2010 |
Active |
NO |
|
33 |
U31300DL2008PTC184688 |
FLORES UNITECH WIRELESS
PRIVATE LIMITED |
Director |
07/04/2009 |
07/04/2009 |
10/02/2010 |
Active |
NO |
|
34 |
U45202MH2008PTC180356 |
SHIVALIK VENTURES PRIVATE
LIMITED |
Director |
23/09/2009 |
16/06/2009 |
- |
Active |
NO |
|
35 |
U45200DL2007PTC172021 |
UNITECH LONG DISTANCE
COMMUNICATION SERVICES Private Limited |
Managing director |
17/06/2009 |
17/06/2009 |
04/11/2009 |
Amalgamated |
NO |
|
36 |
U74999DL1995PLC072431 |
UNITECH POWER TRANSMISSION
LIMITED |
Director |
18/08/2009 |
26/06/2009 |
- |
Active |
NO |
|
37 |
U45202MH2008PTC187463 |
ICON SPACES PRIVATE
LIMITED |
Nominee director |
13/08/2009 |
13/08/2009 |
07/09/2010 |
Active |
NO |
|
38 |
U74140DL2011PLC213306 |
JMR CORPORATE SOLUTIONS
LIMITED |
Director |
02/02/2011 |
02/02/2011 |
- |
Active |
NO |
|
Name : |
Mr. Krishan D Rajani |
|
Designation : |
Director |
|
Address : |
23B, |
|
Date of Birth/Age : |
18.06.1947 |
|
Date of Appointment : |
07.06.2001 |
Other Directorship:
|
S.No. |
CIN |
Name of the Company |
Current designation of the director |
Date of appointment at current designation |
Original date of appointment |
Date of cessation |
Company Status |
Defaulting status |
|
1 |
U70100MH1999PTC122878 |
TOWN-SQUARE PROPERTIES PRIVATE
LIMITED |
Director |
02/12/1999 |
02/12/1999 |
- |
Active |
NO |
|
2 |
U72100MH2000PTC126455 |
ECONSTRUCT TECHNOLOGIES
(INDIA) PRIVATE LIMITED |
Director |
12/05/2000 |
12/05/2000 |
- |
Active |
NO |
|
3 |
U74999DL1995PLC072431 |
UNITECH POWER TRANSMISSION
LIMITED |
Director |
07/06/2001 |
07/06/2001 |
09/12/2011 |
Active |
NO |
|
4 |
U70101MH2002PTC135450 |
TRISTAR INFRASTRUCTURE
PRIVATE LIMITED |
Director |
08/04/2002 |
08/04/2002 |
- |
Active |
NO |
|
|
|
|
Name : |
Mr. Apoorva Shrivastava |
|
Designation : |
Managing Director |
|
Address : |
A-1/308, Safdarjung Enclave, |
|
Date of Birth/Age : |
29.11.1973 |
|
Date of Appointment : |
31.03.2010 |
Other Directorship:
|
S.No. |
CIN |
Name of the Company |
Current designation of the director |
Date of appointment at current designation |
Original date of appointment |
Date of cessation |
Company Status |
Defaulting status |
|
1 |
U67120DL1996PTC079057 |
SECONDGEN HOLDING PRIVATE
LIMITED |
Director |
22/05/1996 |
22/05/1996 |
- |
Active |
NO |
|
2 |
U28998DL1979PTC009781 |
UNIMET PROFILES PRIVATE
LIMITED |
Director |
04/12/1997 |
04/12/1997 |
- |
Active |
NO |
|
3 |
U74899DL1995PTC072415 |
MEDIASOFT SOLUTIONS
PRIVATE LIMITED |
Director |
20/12/1997 |
20/12/1997 |
- |
Active |
NO |
|
4 |
U74899DL1994PTC063603 |
MAST MOBILE MEDIA PRIVATE
LIMITED |
Director |
01/03/1998 |
01/03/1998 |
- |
Active |
NO |
|
5 |
U74999DL1995PLC072431 |
UNITECH POWER TRANSMISSION
LIMITED |
Director |
29/06/2010 |
17/09/2005 |
- |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Pradeep Kumar |
|
Designation : |
Secretary |
|
Address : |
Flat No. 1, Din Apartments, Sector – 4, Plot No. 7, Dwarka, |
|
Date of Birth/Age : |
22.06.1959 |
|
Date of Appointment : |
01.05.2005 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 04.08.2011
|
Names of Shareholders |
|
No. of Shares |
|
Unitech Limited, |
|
29999940 |
|
Unitech Limited Jointly with Unitech Builders Limited |
|
10 |
|
Unitech Limited Jointly with Unitech Industries Limited |
|
10 |
|
Unitech Limited Jointly with New India Construction Company Limited |
|
10 |
|
Unitech Limited Jointly with Supernal Corrugation Limited |
|
10 |
|
Unitech Limited Jointly with Unitech Business Park Limited |
|
10 |
|
Unitech Limited Jointly with Ruhi Construction Company Limited |
|
10 |
|
Total |
|
30000000 |
AS ON 04.08.2011
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Bodies
corporate |
|
100.00 |
|
Total |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturers of |
||||
|
|
|
||||
|
Products : |
|
GENERAL INFORMATION
|
Bankers : |
Syndicate Bank, Corporate Finance Branch, Sector – 5, R K Puram, New
Delhi-110022, India |
|||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Goel Garg and Company Chartered Accountant |
|
Address : |
H-4, Masjid Moth, Greater Kailash II, New Delhi-110048, |
|
Tel. No.: |
91-11-46539501/46539502 |
|
Fax No.: |
91-11-41636825 |
|
E-Mail : |
|
|
|
|
|
Holding Company
: |
Unitech Limited |
CAPITAL STRUCTURE
As On 29.06.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
30000000 |
Equity Shares |
Rs.10/- Each |
Rs.300.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
30000000 |
Equity Shares |
Rs.10/- Each |
Rs.300.000 Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
300.000 |
300.000 |
200.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
139.097 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
(28.078) |
(56.398) |
(55.130) |
|
|
NETWORTH |
271.922 |
243.602 |
283.967 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
263.390 |
486.974 |
845.814 |
|
|
2] Unsecured Loans |
320.300 |
246.672 |
0.000 |
|
|
TOTAL BORROWING |
583.690 |
733.646 |
845.814 |
|
|
DEFERRED TAX LIABILITIES |
6.136 |
14.203 |
14.519 |
|
|
|
|
|
|
|
|
TOTAL |
861.748 |
991.451 |
1144.300 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
131.714 |
119.080 |
131.234 |
|
|
Capital work-in-progress |
2.384 |
1.359 |
1.359 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
27.776 |
31.481 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
309.440
|
234.007
|
226.047 |
|
|
Sundry Debtors |
643.519
|
441.583
|
498.388 |
|
|
Cash & Bank Balances |
123.738
|
58.052
|
32.505 |
|
|
Other Current Assets |
0.000
|
0.000
|
69.255 |
|
|
Loans & Advances |
361.585
|
544.309
|
801.138 |
|
Total
Current Assets |
1438.282
|
1277.951
|
1627.333 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
508.511
|
277.501
|
509.419 |
|
|
Other Current Liabilities |
188.355
|
152.367
|
126.361 |
|
|
Provisions |
13.766
|
4.847
|
11.327 |
|
Total
Current Liabilities |
710.632
|
434.715
|
647.107 |
|
|
Net Current Assets |
727.650
|
843.236
|
980.226 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
861.748 |
991.451 |
1144.300 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
1836.250 |
958.255 |
946.029 |
|
|
|
Other Income |
21.580 |
86.158 |
69.565 |
|
|
|
TOTAL (A) |
1857.830 |
1044.413 |
1015.594 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Consumption materials changes inventories |
1387.796 |
686.691 |
718.989 |
|
|
|
Manufacturing service costs |
74.960 |
29.240 |
51.509 |
|
|
|
Contract cost |
60.309 |
45.342 |
45.113 |
|
|
|
Employee related expenses |
53.307 |
46.807 |
102.065 |
|
|
|
Administrative selling other expenses |
105.719 |
66.865 |
5.938 |
|
|
|
Increase or decrease in inventories |
0.000 |
0.000 |
7.677 |
|
|
|
TOTAL (B) |
1682.091 |
874.945 |
931.291 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
175.739 |
169.468 |
84.303 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
110.251 |
154.552 |
138.578 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
65.488 |
14.916 |
(54.275) |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
9.777 |
12.396 |
15.728 |
|
|
|
|
|
|
|
|
|
|
PRIOR PERIOD
ADJUSTMENT |
0.619 |
(0.398) |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
56.330 |
2.122 |
(70.003) |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
28.009 |
3.390 |
(21.130) |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
28.321 |
(1.268) |
(48.873) |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
0.94 |
(0.04) |
(2.31) |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
1.52
|
(0.12)
|
(4.81) |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
3.07
|
0.22
|
(7.40) |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.59
|
0.15
|
(3.98) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.21
|
0.09
|
(0.25) |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
4.76
|
4.80
|
5.26 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.02
|
2.94
|
2.51 |
LOCAL AGENCY FURTHER INFORMATION
OPERATIONS
The company has been able to demonstrate the scalability of its operations by growing impressively without compromising on operational excellence. The turnover and other income rose by 80% to Rs. 1909.000 Millions as compared to Rs 1063.600 Millions in the previous year.
Further, the profit after tax jumped to Rs. 28.300 Millions as compared to (1.300) Millions during the previous year. This is highest turnover and profitability achieved by the company in a year. During the year, the company completed Four transmission lines for Rajasthan Rajya Vidyut Nigam Limited. and Two lines for Uttar Pradesh Power Transmission Corporation Limited.
OUTLOOK
The ability to address the client needs with high level of efficiency has held your company in good stead in 2010-11. The company’s performance during the year has been very good. The continuous improvement in performance of the company, mainly be attributed to healthy growth of power sector, higher capacity utilization, ongoing emphasis on productivity and efficiency i.e. improvement in all area of operations.
Cost control measures and action for sustainable growth will further enable the company to consolidate its financial in near future. The continuous rapid growth in power sector shall provide impressive growth to the company in coming years. Recently the company secured orders from Reliance Utility Engineers Private Limited. for 400 KV transmission line in U.P and Mohan Energy Corporation for export of towers to Mali.
The company has orders for supply of about 31000 MT towers
and construction of 330 KM lines worth Rs. 2000.000 Millions in hand and about 1000.000 Millions
in pipeline as on 31st March,
2011. In addition the company submitted tenders more than 400 crores. The
company is in process of restructuring of organization in order to increase
production capacity and bring operational efficiency.
Bankers Charges
Report as per Registry
|
Corporate identity number of the company |
U74999DL1995PLC072431 |
|
Name of the company |
UNITECH POWER TRANSMISSION LIMITED |
|
Address of the registered office or of the
principal place of business in |
Unitech House 6 Community Centre, Saket,
New Delhi 110017, Delhi, India |
|
This form is for |
Modification of charge |
|
Type of charge |
Immovable Property Movable Property |
|
Particular of charge holder |
SYNDICATE BANK |
|
Nature of instrument creating charge |
Composite hypothecation agreement dated 6
April,2011 |
|
Date of instrument Creating the charge |
06/04/2011 |
|
Amount secured by the charge |
880.000 Millions |
|
Brief of the principal terms an conditions
and extent and operation of the charge |
Rate of Interest As per composite hypothecation Agreement Terms of Repayment hypothecation agreement dated 06/04/2011 Margin As per hypothecation agreement dated
06/04/2011 Extent and Operation of the charge The hypothecated assets to secure
following credit limits sanctioned by Syndicate Bank to M/s Unitech Power
Transmission Ltd. A) SOD Rs. 150.000 Millions ( Sub limits
PCL/FDBB/FUBP/LC/NLC Rs. 50.000 Millions DATBD/LC Rs. 60.000 Millions) B) BG/FX (BG) 600.000 Millions C) ILC/FLC Rs. 130.000 Millions on
pari-passu basis with other bankers. |
|
Short particulars of the property charged |
Hypothecation on pari-passu basis with
other bankers of stock of raw materials, semi finished goods, finished goods
as and where including stock in transit. Hypothecation on pari-passu basis
with other bankers of borrower's
present and future book debts, receivables etc. 2nd charge on pari-passu
basis with other bankers on fixed assets of the company future and present
(first charge with EXIM Bank) stored / to be stored at A-33, MIDC Industrial
Area, Butibori, Nagpur |
|
Date of instrument modifying the charge |
01/09/2010 |
|
Particulars of the present modification |
The charge now stands to secure an
increased aggregate credit limit of Rs. 880.000 Millions (previously Rs.
630.000 Millions). All other terms and conditions remaining the same. |
Fixed Assets
·
·
Building
·
Plant and Machinery
·
Electrical Installation
·
Roads
·
Computer Peripheral
·
Furniture and Fixture
·
Office Equipment
·
Vehicles
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.04 |
|
|
1 |
Rs.81.08 |
|
Euro |
1 |
Rs.67.39 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
2 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
YES |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
30 |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
- |
NB |
New Business |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.