MIRA
INFORM REPORT
|
Report Date : |
24.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
EMAMI BIOTECH LIMITED |
|
|
|
|
Formerly Known
As : |
EMAMI BIOTECH
PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
687, Anandapur, E. M. Bypass, Kolkata - 700107, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
18.04.2002 |
|
|
|
|
Com. Reg. No.: |
21-094530 |
|
|
|
|
Capital Investment/
Paid-up Capital: |
Rs. 274.425 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24233WB2002PLC094530 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
CALN02533G |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCN7953M |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of Edible Oil, Bio Diesel, Glycerin,
Medicinal Plant and Herbal Products. |
|
|
|
|
No. of
Employees: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 6600000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well established company having satisfactory track. Trade
relations are reported as fair. Business is active. Payments are reported to
be usually correct and as per commitments. 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) |
|
|
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 / Head Office / Corporate Office : |
|
|
Tel. No.: |
91-33-66136264 / 341 / 792 / 66136391 |
|
Fax No.: |
91-33-66136300 |
|
E-Mail : |
|
|
|
|
|
Factory 1 : |
J.L. No. 149, |
|
Tel. No.: |
91-3224-255983 / 255378 |
|
|
|
|
Factory 2 : |
Zero Point, |
|
Tel. No.: |
91-9642225502 |
DIRECTORS
As on 26.09.2011
|
Name : |
Mr. Aditya Vardhan Agarwal |
|
Designation : |
Director |
|
Address : |
118, Southern Avenue, Kolkata - 700029, West |
|
Date of Birth/Age : |
06.01.1975 |
|
Date of Appointment : |
18.04.2002 |
|
Election Commission Identity Card No. : |
ADAPA0465A |
|
Din No.: |
00149717 |
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 |
U51391WB1994PTC061805 |
EMAMI GROUP OF
COMPANIES PRIVATE LIMITED |
Director |
20-07-97 |
20-07-97 |
- |
Active |
NO |
|
2 |
U15520WB1988PTC045076 |
SUNTRACK
COMMERCE PRIVATE LIMITED |
Director |
06-08-99 |
06-08-99 |
- |
Active |
NO |
|
3 |
L27310WB1977PLC031117 |
PREMIER FERRO
ALLOYS & SECURITIES LIMITED |
Director |
12-08-99 |
12-08-99 |
01-07-09 |
Active |
NO |
|
4 |
L21019WB1981PLC034161 |
EMAMI PAPER
MILLS LIMITED |
Director |
23-10-00 |
23-10-00 |
- |
Active |
NO |
|
5 |
U36991WB1998PTC088301 |
EMAMI
INTERNATIONAL PRIVATE LIMITED |
Director |
18-04-02 |
18-04-02 |
- |
Active |
NO |
|
6 |
U24233WB2002PLC094530 |
EMAMI BIOTECH
LIMITED |
Director |
18-04-02 |
18-04-02 |
- |
Active |
NO |
|
7 |
U85110WB1989PLC046284 |
ADVANCED
MEDICARE AND RESEARCH INSTITUTE LIMITED |
Director |
04-09-03 |
04-09-03 |
- |
Amalgamated |
NO |
|
8 |
L63993WB1983PLC036030 |
EMAMI LIMITED |
Whole-time
director |
15-01-11 |
15-01-05 |
- |
Active |
NO |
|
9 |
U85110WB1986PLC040525 |
AMRI HOSPITALS
LIMITED |
Director |
19-01-06 |
19-01-06 |
- |
Active |
NO |
|
10 |
U51909WB1974PLC029425 |
CRI LIMITED |
Director |
09-01-07 |
09-01-07 |
- |
Active |
NO |
|
11 |
U17299WB2007PTC116718 |
EMAMI CHISEL ART
PRIVATE LIMITED |
Director |
21-06-07 |
21-06-07 |
- |
Amalgamated |
NO |
|
12 |
U45208WB2007PLC119399 |
NARCISSUS ABASAN
LIMITED |
Director |
10-10-07 |
10-10-07 |
14-11-11 |
Active |
NO |
|
13 |
U65921WB1994PLC063865 |
TMT VINIYOGAN
LIMITED |
Director |
29-09-08 |
21-01-08 |
- |
Active |
NO |
|
14 |
U51109WB2005PTC104423 |
AJANTA SUPPLIERS
PRIVATE LIMITED |
Director |
29-09-08 |
07-02-08 |
- |
Active |
NO |
|
15 |
L45400WB2008PLC121426 |
EMAMI
INFRASTRUCTURE LIMITED |
Director |
16-09-10 |
25-01-10 |
- |
Active |
NO |
|
Name : |
Mr. Manish Goenka |
|
Designation : |
Director |
|
Address : |
110 A, Southern Avenue, Kolkata - 700029, West |
|
Date of Birth/Age : |
07.02.1974 |
|
Date of Appointment : |
18.04.2002 |
|
Election Commission Identity Card No. : |
ADXPG35980 |
|
Din No.: |
00363093 |
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 |
U51909WB1974PLC029425 |
CRI LIMITED |
Director |
10-04-95 |
10-04-95 |
- |
Active |
NO |
|
2 |
U15520WB1988PTC045075 |
BHANU VYAPAAR
PRIVATE LIMITED |
Director |
06-08-99 |
06-08-99 |
- |
Active |
NO |
|
3 |
U51109WB1996PLC077004 |
PRESTIGE VYAPAAR
LIMITED. |
Director |
21-09-99 |
21-09-99 |
- |
Active |
NO |
|
4 |
L21019WB1981PLC034161 |
EMAMI PAPER
MILLS LIMITED |
Whole-time
director |
01-07-07 |
01-02-00 |
- |
Active |
NO |
|
5 |
U36991WB1998PTC088301 |
EMAMI
INTERNATIONAL PRIVATE LIMITED |
Director |
18-04-02 |
18-04-02 |
- |
Active |
NO |
|
6 |
U24233WB2002PLC094530 |
EMAMI BIOTECH
LIMITED |
Director |
18-04-02 |
18-04-02 |
- |
Active |
NO |
|
7 |
U85110WB1989PLC046284 |
ADVANCED
MEDICARE AND RESEARCH INSTITUTE LIMITED |
Director |
04-09-03 |
04-09-03 |
- |
Amalgamated |
NO |
|
8 |
U51391WB1994PTC061805 |
EMAMI GROUP OF
COMPANIES PRIVATE LIMITED |
Director |
29-04-05 |
29-04-05 |
- |
Active |
NO |
|
9 |
U85110WB1986PLC040525 |
AMRI HOSPITALS
LIMITED |
Director |
19-01-06 |
19-01-06 |
- |
Active |
NO |
|
10 |
U45208WB2007PLC119399 |
NARCISSUS ABASAN
LIMITED |
Director |
10-10-07 |
10-10-07 |
14-11-11 |
Active |
NO |
|
11 |
U85300WB1929NPL006235 |
|
Director |
17-12-10 |
17-12-10 |
- |
Active |
NO |
|
Name : |
Mr. Swapan Kumar Mondal |
|
Designation : |
Whole Time Director |
|
Address : |
3, |
|
Date of Birth/Age : |
17.05.1950 |
|
Date of Appointment : |
18.04.2002 |
|
Election Commission Identity Card No. : |
AEOPM4603B |
|
Din No.: |
00367104 |
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 |
U51909WB1974PLC029425 |
CRI LIMITED |
Director |
01-04-07 |
22-02-02 |
- |
Active |
NO |
|
2 |
U24233WB2002PLC094530 |
EMAMI BIOTECH
LIMITED |
Whole-time
director |
01-04-07 |
18-04-02 |
- |
Active |
NO |
|
3 |
U36991WB1998PTC088301 |
EMAMI
INTERNATIONAL PRIVATE LIMITED |
Director |
19-12-03 |
19-12-03 |
- |
Active |
NO |
|
4 |
U51109WB2008PTC124915 |
ARAVALI VINIMAY
PRIVATE LIMITED |
Director |
30-09-09 |
17-11-08 |
28-10-11 |
Active |
NO |
|
5 |
U51909WB1987PTC042332 |
ORIENTAL SALES
AGENCIES ( |
Director |
29-09-11 |
21-04-11 |
- |
Active |
NO |
|
6 |
U01403MH2011PLC215738 |
SEALAC AGRO
VENTURES LIMITED |
Additional
director |
09-08-11 |
09-08-11 |
- |
Active |
NO |
|
Name : |
Mr. Sushil Kumar Khetan |
|
Designation : |
Director |
|
Address : |
129 A, Block CA - I Floor, Bangur Avenue, Kolkata - 700055, West
Bengal, India |
|
Date of Birth/Age : |
06.07.1965 |
|
Date of Appointment : |
19.12.2003 |
|
Election Commission Identity Card No. : |
AGCPK8747J |
|
Din No.: |
00358577 |
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 |
U23201WB1990PLC050416 |
TECALEMIT
INDUSTRIES LIMITED |
Director |
12-07-96 |
12-07-96 |
25-06-10 |
Active |
NO |
|
2 |
U24233WB2002PLC094530 |
EMAMI BIOTECH
LIMITED |
Director |
19-12-03 |
19-12-03 |
- |
Active |
NO |
|
3 |
U91100OR2010NPL011544 |
NOCCI BALASORE
INFRASTRUCTURE COMPANY |
Director |
29-01-10 |
29-01-10 |
- |
Active |
NO |
|
Name : |
Ms. Priti Sureka |
|
Designation : |
Director |
|
Address : |
29 E, Ramkrishna Samad, H-I, Kolkata-700054, West |
|
Date of Birth/Age : |
23.05.1972 |
|
Date of Appointment : |
26.12.2007 |
|
Election Commission Identity Card No. : |
ALBPS5796H |
|
Din No.: |
00319256 |
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 |
U51391WB1994PTC061805 |
EMAMI GROUP OF
COMPANIES PRIVATE LIMITED |
Director |
29-04-05 |
29-04-05 |
- |
Active |
NO |
|
2 |
U65921WB1994PLC063865 |
TMT VINIYOGAN
LIMITED |
Director |
29-09-08 |
28-02-06 |
29-10-11 |
Active |
NO |
|
3 |
U24233WB2002PLC094530 |
EMAMI BIOTECH
LIMITED |
Director |
29-09-08 |
26-12-07 |
- |
Active |
NO |
|
4 |
U72900WB1999PTC088937 |
AVIRO VYAPAAR
PRIVATE LIMITED |
Additional
director |
12-05-08 |
12-05-08 |
- |
Active |
NO |
|
5 |
L24232WB1919PLC003123 |
EMAMI FRANK ROSS
LIMITED |
Director |
29-09-09 |
10-11-08 |
30-11-11 |
Active |
NO |
|
6 |
U85110WB1986PLC040525 |
AMRI HOSPITALS
LIMITED |
Director |
30-09-09 |
18-05-09 |
- |
Active |
NO |
|
7 |
L63993WB1983PLC036030 |
EMAMI LIMITED |
Whole-time
director |
19-08-10 |
30-01-10 |
- |
Active |
NO |
|
8 |
U51109WB2007PTC120596 |
AVIRO VANIJYA
PRIVATE LIMITED |
Director |
21-09-10 |
21-09-10 |
- |
Active |
NO |
|
Name : |
Mr. Niranjan Raghunath Raje |
|
Designation : |
Director |
|
Address : |
A-648, Susantalok-1, Gurgaon-122002, |
|
Date of Birth/Age : |
10.02.1945 |
|
Date of Appointment : |
17.03.2008 |
|
Election Commission Identity Card No. : |
AADPR1172M |
|
Din No.: |
02053057 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U24233WB2002PLC094530 |
EMAMI BIOTECH
LIMITED |
Director |
17-03-08 |
17-03-08 |
Active |
NO |
|
2 |
U74990MH2008PTC177519 |
LIGNOIL
TECHNOLOGIES PRIVATE LIMITED |
Director |
11-08-08 |
11-08-08 |
Active |
NO |
|
3 |
U70109DL2007PLC167079 |
|
Director |
30-06-10 |
26-10-09 |
Active |
NO |
|
4 |
U74899DL1968PTC004856 |
INDUSTRIAL
DEVELOPMENT SERVICES PRIVATE LIMITED |
Director |
24-09-10 |
22-06-10 |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Kailash Chandra Panda |
|
Designation : |
Secretary |
|
Address : |
3/44, Bijaygarh, Kolkata – 700032, West |
|
Date of Birth/Age : |
27.09.1976 |
|
Date of Appointment : |
03.07.2008 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 26.09.2011
|
Names of Shareholders |
No. of Shares |
|
Aditya Vardhan Agarwal |
12250 |
|
Manish Goenka |
29150 |
|
Swapan Kumar Mondal |
500 |
|
Bhanu Vyapaar Private Limited, |
3693310 |
|
Diwakar Viniyog Private Limited, |
4634050 |
|
Suntrack Commerce Private Limited, |
4633150 |
|
Surai Viniyog Private Limited, |
1807350 |
|
Raj Kumar Goenka |
24350 |
|
Radheshyam Goenka |
52500 |
|
Mohan Goenka |
20000 |
|
Rashmi Goenka |
40625 |
|
Saswat Goenka |
10625 |
|
Nimisha Goenka |
17500 |
|
K. D. Goenka and Sons (HUF) |
7500 |
|
Suresh Kumar Goenka |
62850 |
|
Asish Goenka |
8750 |
|
Shruti Goenka |
22500 |
|
Meena Goenka |
42875 |
|
Prashant Goenka |
40000 |
|
Yogesh Goenka |
43750 |
|
Sushil Kumar Goenka |
27500 |
|
Indu Goenka |
39375 |
|
Sachin Goenka |
47500 |
|
Sushil Kumar Goenka (HUF) |
36250 |
|
Radheshyam Agarwal |
150000 |
|
Harsh Vardhan Agarwal |
106500 |
|
H. V. Agarwal (HUF) |
37500 |
|
A. V. Agarwal (HUF) |
21250 |
|
Usha Agarwal |
121250 |
|
Jyoti Goenka |
40625 |
|
Santosh Goenka |
71375 |
|
Mansi Agarwal |
91250 |
|
Richa Agarwal |
120000 |
|
Saroj Goenka |
102500 |
|
Pan Emami Cosmed Limited, |
256000 |
|
TMT Viniyogan Limited, |
179857 |
|
R. S. Agarwal (HUF) |
52500 |
|
New Way Constructions Limited, |
625000 |
|
Neelam Lefin Limited, |
547550 |
|
Emamihighrise (P) Limited, |
1807400 |
|
Deeveecomercial Limited, |
2755600 |
|
Emamienclave Makers (P) Limited, |
1827140 |
As on 26.09.2011
|
Category |
|
Percentage |
|
Bodies corporate |
|
92.22 |
|
Directors or relatives of directors |
|
7.78 |
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Edible Oil, Bio Diesel, Glycerin,
Medicinal Plant and Herbal Products. |
||||||||
|
|
|
||||||||
|
Products : |
|
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Bankers : |
State Bank of |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
S. K. Agrawal and Company Chartered Accountant |
|
Address : |
4A, |
|
Tel. No.: |
91-2248
8348 / 1761 / 7312 |
|
|
|
|
Subsidiaries : |
Emami Biotech ( New Age Biotech (P) |
CAPITAL STRUCTURE
As on 26.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
30100000 |
Equity Share |
Rs.10/- each |
Rs. 301.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
27442520 |
Equity Share |
Rs.10/- each |
Rs. 274.425
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 |
274.425 |
207.275 |
121.405 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
1378.354 |
855.863 |
320.480 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
1652.779 |
1063.138 |
441.885 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
3282.909 |
2439.289 |
2853.669 |
|
|
2] Unsecured Loans |
838.316 |
250.961 |
521.912 |
|
|
TOTAL BORROWING |
4121.225 |
2690.250 |
3375.581 |
|
|
DEFERRED TAX LIABILITIES |
14.826 |
2.353 |
2.684 |
|
|
|
|
|
|
|
|
TOTAL |
5788.830 |
3755.741 |
3820.150 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
2539.437 |
2475.391 |
1965.191 |
|
|
Capital work-in-progress |
1291.430 |
103.289 |
686.249 |
|
|
|
|
|
|
|
|
INVESTMENT |
83.415 |
49.113 |
0.332 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
2307.975
|
1084.583
|
706.377
|
|
|
Sundry Debtors |
295.928
|
133.827
|
84.167
|
|
|
Cash & Bank Balances |
392.823
|
295.168
|
1123.164
|
|
|
Other Current Assets |
0.000
|
0.000
|
0.000
|
|
|
Loans & Advances |
692.466
|
519.340
|
328.703
|
|
Total
Current Assets |
3689.192
|
2032.918
|
2242.411
|
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
172.523
|
84.615
|
47.368
|
|
|
Other Current Liabilities |
1637.015
|
815.823
|
1024.502
|
|
|
Provisions |
5.174
|
4.634
|
2.327
|
|
Total
Current Liabilities |
1814.712
|
905.072
|
1074.197
|
|
|
Net Current Assets |
1874.480
|
1127.846
|
1168.214
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.068 |
0.102 |
0.164 |
|
|
|
|
|
|
|
|
TOTAL |
5788.830 |
3755.741 |
3820.150 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
15368.354 |
7666.824 |
1516.465 |
|
|
|
Other Income |
24.605 |
8.467 |
11.185 |
|
|
|
TOTAL (A) |
15392.959 |
7675.291 |
1527.650 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Consumption materials charges inventories |
14011.684 |
6971.065 |
|
|
|
|
Manufacturing service costs |
144.123 |
80.481 |
1440.544 |
|
|
|
Employee related Expenses |
104.122 |
49.929 |
|
|
|
|
Administrative selling other Expenses |
523.083 |
215.330 |
|
|
|
|
TOTAL (B) |
14783.012 |
7316.805 |
1440.544 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
609.947 |
358.486 |
87.106 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
203.380 |
124.318 |
48.195 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
406.567 |
234.168 |
38.911 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
275.670 |
227.985 |
27.360 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
130.897 |
6.183 |
11.551 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
11.153 |
1.020 |
4.130 |
|
|
|
|
|
|
|
|
|
|
Net profit Loss
before minority interest share joint venture |
119.744 |
5.163 |
7.421 |
|
|
|
|
|
|
|
|
|
|
Adjustments
related merger acquisitions |
(0.153) |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX |
119.591 |
5.163 |
7.421 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
13.027 |
7.864 |
0.443 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
132.618 |
13.027 |
7.864 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
|
|
Export Earnings |
0.000 |
17.848 |
7.864 |
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
0.000 |
6655.529 |
1892.230 |
|
|
|
Capital Goods |
0.000 |
3.374 |
0.000 |
|
|
|
Plant & Machinery |
4.971 |
0.000 |
0.000 |
|
|
Total Imports |
4.971 |
6658.903 |
1892.230 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
6.39 |
0.42 |
2.18 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
0.01
|
0.06 |
0.46 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
0.01
|
0.08 |
0.76 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.02
|
0.13 |
0.27 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.08
|
0.01 |
0.03 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
3.60
|
3.38 |
10.07 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.03
|
2.24 |
2.09 |
LOCAL AGENCY FURTHER INFORMATION
|
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1. Year of Establishment |
Yes |
|
2. Locality of the firm |
Yes |
|
3. Constructions of the firm |
Yes |
|
4. Premises details |
No |
|
5. Type of Business |
Yes |
|
6. Line of Business |
Yes |
|
7. Promoter’s background |
Yes |
|
8. No. of Employees |
No |
|
9. Name of person contacted |
No |
|
10. Designation of contact person |
No |
|
11. Turnover of firm for last three years |
Yes |
|
12. Profitability for last three years |
Yes |
|
13. Reasons for variation <> 20% |
--------------- |
|
14. Estimation for coming financial year |
No |
|
15. Capital in the business |
Yes |
|
16. Details of sister concerns |
Yes |
|
17. Major suppliers |
No |
|
18. Major customers |
No |
|
19. Payments terms |
No |
|
20. Export / Import details |
No |
|
21. Market information |
------- |
|
22. Litigations that the firm / promoter involved |
------ |
|
23. Banking Details |
Yes |
|
24. Banking facility details |
Yes |
|
25. Conduct of the banking account |
--------------- |
|
26. Buyer visit details |
------ |
|
27. Financials, if provided |
Yes |
|
28. Incorporation details, if applicable |
Yes |
|
29. Last accounts filed at ROC |
Yes |
|
30. Major Shareholders, if available |
Yes |
Operations:
This being the second year of operation of the company,
during the year sales and other income of the company stands at Rs. 0.334
Million with net loss of Rs 36.883 Millions. The Directors are evaluating
various options and alternatives for reviving the company.
Contingent Liabilities and Provision:
Provisions are recognised when the company has
legal / constructive obligation as a result of a past event, for which it is
probable that a cash outflow will be required and a reliable estimate can be
made of the amount of the obligation. Contingent liabilities are not recognised
but disclosed in the notes when the company has a possible future obligation or
a present obligation and it is probable that a cash outflow will not be
required to settle the obligation.
FORM 8
|
Corporate
identity number of the company |
U24233WB2002PLC094530 |
|
Name of the
company |
EMAMI BIOTECH
LIMITED |
|
Address of the
registered office or of the principal place of business in |
687, Anandapur, E. M. Bypass, Kolkata - 700107, West |
|
This form is for |
Modification of
charge |
|
Charge
identification number of the charge to be modified |
10103576 |
|
Type of charge |
Immovable
property Others |
|
Particular of charge
holder |
State Bank of Email: ranbir.sen@sbi.co.in |
|
Nature of
instrument creating charge |
Memorandum of
Entry (Constructive delivery). Declaration
confirming Joint Mortgage by deposit of Title Deeds. |
|
Date of
instrument Creating the charge |
13.09.2011 |
|
Amount secured by
the charge |
Rs. 6480.300 Millions |
|
Brief of the principal
terms an conditions and extent and operation of the charge |
Rate of interest Term Loan: At
4.00% above Base Rate per annum with monthly rests. Fund Based
Working Capital: At 4.00% above Base Rate per annum with monthly rests. Penal
interest rate, as agreed between the borrower companies and the bank from
time to time. Terms of repayment Working Capital
Limit is repayable on demand. The existing Term
Loan of Rs. 960.000 Millions is repayable as per Sanction Letter No.
CB/RM-III/135 dated 26.05.2008. Margin As stipulated by
the Bank for the respective assets from time to time. Raw
Materials/Finished Goods/SIP : 25%, Receivables
(Cover period 90 days): 25%, BG: 5% However, the
Bank shall be entitled at any time during the currency of the LC to demand
and recover any margin till the full extant of 100% on the LC. LC: 5% However,
the Bank shall be entitled at any time during the currency of the BG to
demand and recover any margin till the full extant of 100% on the BG. Extent and operation of the charge The charge
operates on pari passu basis to secure the overall limit of Rs. 6480.300
Millions as stated below on the mortgaged properties of the Company as
mentioned in Column No. 15 together with interest, costs and charges thereon. Existing Term
Loan of Rs. 960.000 Millions on first charge basis. Enhanced Working
Capital Facility of Rs. 5520.300 Millions on second charge basis. Others The Borrower
shall not do or allow anything which may prejudice the security and shall
comply with the terms and conditions of the Agreements. |
|
Short particulars
of the property charged (Including location of the property) |
All that piece
and parcel of land situated at J.L. No. 149, H.P.L. Link Road, Mouza- Debhog,
Haldia, District - Purba Medinipur (West Bengal) admeasuring 25.435 acres or
thereabouts. Together with all
the buildings and structures thereon, fixtures, fittings and all plant and
machinery attached to the earth or permanently fastened to anything attached
to the earth, both present and future. |
|
Date of latest
modification prior to the present modification |
08.07.2011 |
|
Particulars of
the present modification |
By this modification,
charge on the above mentioned mortgaged properties extended to secure the
existing Term Loan Limit of Rs. 960.000 Millions within the overall limit of
Rs. 6480.300 Millions on first pari passu charge basis and enhanced Working
Capital Facility of Rs. 5520.300 Millions within the overall limit of Rs.
6480.300 Millions on second pari passu charge basis together with interest,
costs and charges thereon. All other terms
and conditions continue to remain as before in full force and effect. |
Fixed Assets:
- Building
- Plant and Machinery
- Furnitures and Fittings
- Vehicles
- Computers and Accessories
- Computer Software
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. 51.99 |
|
|
1 |
Rs. 83.53 |
|
Euro |
1 |
Rs. 68.39 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
46 |
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.