MIRA INFORM REPORT

Report Date :

31.08.2012

IDENTIFICATION DETAILS

Name :	DHOOT COMPACK LIMITED
Registered Office :	D-88, M.I.D.C. Industrial Area, Nagapur, Ahmednagar-414111, Maharashtra
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	12.12.1978
Com. Reg. No.:	11-20841
Capital Investment / Paid-up Capital :	Rs.49.500 Millions
CIN No.: [Company Identification No.]	U63031MH1978PLC020841
TAN No.: [Tax Deduction & Collection Account No.]	PNED03719C
PAN No.: [Permanent Account No.]	AAACD8904B
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacture of Circular Woven HDPE/PP Sacks and Fabrics.
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 760000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is a well-established and reputed 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 – June 30, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

INDIAN ECONOMIC OVERVIEW

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	BBB [Long Term]
Rating Explanation	This rating are considered to have moderate degree of safety regarding timely servicing of financial obligation such instruments carry moderate credit risk.
Date	15.06.2012

Rating Agency Name	CRISIL
Rating	A2 [Short Term]
Rating Explanation	This rating are considered to have strong degree of safety regarding timely payment of financial obligation such instruments carry low credit risk.
Date	15.06.2012

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

LOCATIONS

Registered Office :	D-88, M.I.D.C. Industrial Area, Nagapur, Ahmednagar-414111, Maharashtra, India
Tel. No.:	91-241-2777241
Fax No.:	91-241-2777241
E-Mail :	dhootcompack_anr@sancharnet.in dlc_anr@bsnl.in
Website :	http://www.dhootcompack.com
Head Office :	A-13, M.I.D.C. Industrial Area, Chikalthana, Aurangabad-431210 Maharashtra, India
Tel. No.:	91-240-2482326/2482436/2482700
Fax No.:	91-240-2484460
Factory 1 :	15 Km. Stone, Gut No. 100 , Farola, Aurangabad-Paithan Road, Aurangabad, Maharashtra, India
Tel. No.:	91-2431-251628
Fax No.:	91-2431-251928
E-Mail :	info@dhootcompack.com
Factory 2 :	Gut No. 140, Village Bidkin, Taluka Paithan District Aurangabad-431005, Maharashtra India

DIRECTORS

AS ON 21.09.2011

Name :

Mr. Shrigopal Ramnath Dhoot

Designation :

Managing Director

Address :

Gangapur Gin Compound Station Road, Ahmednagar-414001, Maharashtra, India

Date of Birth/Age :

09.02.1942

Date of Appointment :

13.12.1978

Din No.:

00265804

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U63031MH1978PLC020841	DHOOT COMPACK LIMITED	Director	01/04/2009	13/12/1979	-	Active	NO
2	U51900MH1985PTC035287	DHOOT MARKETING ORGANISATION PRIVATE LIMITED	Director	07/02/1985	07/02/1985	15/03/2010	Active	NO
3	U65993MH1985PTC037308	DHOOT TRADING AND INVESTMENT COMPANY PRIVATE LIMITED	Director	30/08/1985	30/08/1985	-	Active	NO
4	U32106PN1994PLC080977	EPITOME COMPONENTS LIMITED	Whole-time director	01/04/2010	20/09/1994	-	Active	NO
5	U51229PN2006PLC128656	AHMEDNAGAR AGRO MARKET LIMITED	Director	20/01/2010	27/06/2006	-	Active	NO
6	U29299PN2008PTC131553	TRACKWISE EPITOME TECHNOLOGIES PRIVATE LIMITED	Director	05/03/2008	05/03/2008	-	Strike off	NO
7	U51909MH2005PTC158441	MIKADO MERCHANTS PRIVATE LIMITED	Director	04/06/2009	04/06/2009	-	Active	NO

Name :

Mr. Rameshchandra Ramnath Dhoot

Designation :

Whole Time Director

Address :

Madhuram Bunglow, In Front of Nandadeep Colony, Govind Nagar, Aurangabad-431005, Maharashtra, India

Date of Birth/Age :

29.05.1945

Date of Appointment :

05.08.1987

Din No.:

00351314

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U51900MH1985PTC035287	DHOOT MARKETING ORGANISATION PRIVATE LIMITED	Director	07/02/1985	07/02/1985	Active	NO
2	U63031MH1978PLC020841	DHOOT COMPACK LIMITED	Managing director	01/04/2009	05/08/1987	Active	NO
3	U32106PN1994PLC080977	EPITOME COMPONENTS LIMITED	Director	20/09/1994	20/09/1994	Active	NO
4	U51109WB1996PTC079231	CLAYTON MARKETING PRIVATE LIMITED	Director	04/05/2005	04/05/2005	Active	NO

Name :

Mr. Kishorilal Ramnath Dhoot

Designation :

Director

Address :

“Mangirish” Padmapura Aurangabad-431005, Maharashtra, India

Date of Birth/Age :

12.07.1939

Date of Appointment :

13.12.1978

Din No.:

00474417

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U25209MH1970PTC014761	DHOOT'S CHEMO PLAST PRIVATE LIMITED	Director	29/08/1970	29/08/1970	-	Active	NO
2	U63031MH1978PLC020841	DHOOT COMPACK LIMITED	Director	13/12/1978	13/12/1978	-	Active	NO
3	U74999MH1982PTC028468	LAMIFABS & PAPERS PRIVATE LIMITED	Director	13/10/1982	13/10/1982	-	Active	NO
4	U65993PN1985PTC037314	PADMACHANDRA TRADING AND INVESTMENT COMPANY PRIVATE LIMITED	Director	30/08/1985	30/08/1985	-	Strike off	NO
5	U51909MH1983PTC029662	PLASTO FAB TRADING AND INVESTMENT PVT LTD	Director	30/08/1985	30/08/1985	-	Active	NO
6	U65993PN1985PTC037313	KISHAKA TRADING AND INVESTMENT COMPANY PRIVATE LIMITED	Director	30/08/1985	30/08/1985	-	Strike off	NO
7	U65993PN1985PTC037315	WALLABH TRADING AND INVESTMENT COMPANY PRIVATE LIMITED	Director	30/08/1985	30/08/1985	-	Strike off	NO
8	U28932MH1987PTC044141	SIGNUM MARKETING PRIVATE LIMITED	Director	30/08/2006	30/08/2006	31/03/2008	Active	NO
9	U17120MH2011PTC211773	DHOOT LAMEFAB PRIVATE LIMITED	Director	03/01/2011	03/01/2011	-	Active	NO

Name :

Mr. Abhay N Firodiya

Designation :

Director

Address :

Sanmitra 132 B / 2 A, Ganeshkhind Road, Pune-411007, Maharashtra, India

Date of Birth/Age :

05.11.1944

Date of Appointment :

22.02.1995

Din No.:

00025179

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U65999PN1982PTC026304	PRASANNA HOLDINGS PRIVATE LIMITED	Director	30/07/1984	30/07/1984	-	Active	NO
2	L74899DL1981PLC011274	BHARAT HOTELS LIMITED	Director	13/11/1987	13/11/1987	-	Active	NO
3	U29130PN1992PTC065494	DHANNA ENGINEERING PRIVATE LIMITED	Director	28/03/1992	28/03/1992	-	Active	NO
4	L51900MH1978PLC020725	DHOOT INDUSTRIAL FINANCE LIMITED	Director	24/09/1994	24/09/1994	-	Active	NO
5	U63031MH1978PLC020841	DHOOT COMPACK LIMITED	Director	22/02/1995	22/02/1995	-	Active	NO
6	L29130PN1981PLC023734	Z F STEERING GEAR (INDIA) LIMITED	Director	26/03/1996	26/03/1996	23/05/2009	Active	NO
7	U74999MH1984PTC031856	RAN CHEMICALS PRIVATE LIMITED	Director	25/03/1997	25/03/1997	-	Active	NO
8	L24119PN1951PLC008409	SUDARSHAN CHEMICAL INDUSTRIES LIMITED	Director	31/01/2002	31/01/2002	13/06/2008	Active	NO
9	L34102PN1958PLC011172	FORCE MOTORS LIMITED	Director	25/09/2010	01/07/2002	-	Active	NO
10	U74999PN1947PLC005480	JAYA HIND INDUSTRIES LIMITED	Managing director	24/09/2004	24/09/2004	-	Active	NO
11	U34102PN2006PTC022147	MAN TRUCKS INDIA PRIVATE LIMITED	Director	08/03/2006	08/03/2006	28/03/2012	Active	NO

Name :

Mr. Bithal Dass Mimani

Designation :

Director

Address :

16 Lakshmi Street, Kilpak, Chennai-600010, Tamilnadu, India

Date of Birth/Age :

23.10.1929

Date of Appointment :

10.04.1995

Din No.:

00539779

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U74999TN1970PTC005868	AKAYGENTS PRIVATE LIMITED	Director	09/07/1970	09/07/1970	Active	NO
2	U18101TN1990PTC019396	CHIMESE EXPORTS PRIVATE LIMITED	Director	16/07/1991	16/07/1991	Active	NO
3	U63031MH1978PLC020841	DHOOT COMPACK LIMITED	Director	10/04/1995	10/04/1995	Active	NO
4	U24117TN1999PTC042139	CHEMISE INDUS PRIVATE LIMITED	Director	21/09/2001	21/09/2001	Active	NO

Name :

Mr. Anuj Rameshchandra Dhoot

Designation :

Director

Address :

Madhuram Bunglow, In Front of Nandadeep Colony, Govind Nagar, Aurangabad-431005, Maharashtra, India

Date of Birth/Age :

10.12.1985

Date of Appointment :

14.12.2010

Din No.:

01250764

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U17290MH1999PTC119893	DHOOT POLYFABRIC PRIVATE LIMITED	Director	31/12/2004	31/12/2004	Active	NO
2	U51109WB1996PTC079231	CLAYTON MARKETING PRIVATE LIMITED	Additional director	13/02/2007	13/02/2007	Active	NO
3	U51109WB1983PTC037042	PREMIER (EASTERN) INC PRIVATE LIMITED	Director	08/08/2008	08/08/2008	Active	NO
4	U51900MH1985PTC035287	DHOOT MARKETING ORGANISATION PRIVATE LIMITED	Director	15/03/2010	15/03/2010	Active	NO
5	U63031MH1978PLC020841	DHOOT COMPACK LIMITED	Additional director	14/12/2010	14/12/2010	Active	NO

Name :

Mr. Vinod Ramgopal Maheshwari

Designation :

Director

Address :

Navabharat Nikunj, 72, Ramdaspeth, Nagpur-440010, Maharashtra, India

Date of Birth/Age :

13.10.1944

Date of Appointment :

10.04.1995

Din No.:

00340953

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U22100MH1977PTC019714	NAVABHARAT PRESS PRIVATE LIMITED	Director	20/06/1977	20/06/1977	Active	NO
2	U22120MH1982PTC028969	NAVA BHARAT PRESS (NAGPUR) PRIVATE LIMITED	Director	24/12/1982	24/12/1982	Active	NO
3	U67120MH1984PTC032399	NAVABHARAT REAL ESTATE PRIVATE LIMITED	Director	15/03/1984	15/03/1984	Active	NO
4	L21010MH1993PLC071683	SAFFRON INDUSTRIES LIMITED	Director	20/04/1993	20/04/1993	Active	NO
5	U63031MH1978PLC020841	DHOOT COMPACK LIMITED	Director	10/04/1995	10/04/1995	Active	NO
6	U90100MH1998PLC114898	MADHYADESH INDUSTRIES LIMITED	Director	14/05/1998	14/05/1998	Active	NO
7	U70100MH1998PTC115134	MADHYADESH REALTY AND FINANCE PRIVATE LIMITED	Director	28/05/1998	28/05/1998	Active	NO
8	U67120MH2000PTC125988	MADHYADESH HOLDINGS PRIVATE LIMITED	Director	19/04/2000	19/04/2000	Active	NO
9	U22120MH2000PTC125987	MADHYADESH PUBLICATIONS PRIVATE LIMITED	Director	19/04/2000	19/04/2000	Active	NO
10	U72900MH2000PLC127092	MADHYADESH GLOBAL NETWORK LIMITED	Director	08/06/2000	08/06/2000	Active	NO
11	U22219MH2000PTC126851	MADHYADESH PRESS PRIVATE LIMITED	Director	26/04/2004	26/04/2004	Active	NO
12	U74999MH2003PTC141515	BIONOVA PAPERCRAFTS PRIVATE LIMITED	Director	24/05/2008	24/05/2008	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 21.09.2011

Names of Shareholders	No. of Shares
Shrigopal Ramnath Dhoot	100000
Rameshchandra Ramnath Dhoot	1822650
Padma Rameshchandra Dhoot	470250
Anurag Dhoot	100000
Anuj Dhoot	470250
Paritosh Dhoot	50000
Rameshchandra Ramnath Dhoot HUF	566850
Clayton Marketing Company Limited, India	820000
Dhoot Polyfabric Private Limited, India	550000
TOTAL	4950000

AS ON 21.09.2011

Equity Share Breakup	Percentage of Holding
Category
Bodies corporate	39.00
Directors or relatives of directors	61.00
TOTAL	100.00

BUSINESS DETAILS

Line of Business :

Manufacture of Circular Woven HDPE/PP Sacks and Fabrics.

PRODUCTION STATUS [AS ON 31.03.2011]

HD/PP Fabric, Sacks	AS ON 31.03.2011
Installed Capacity
NL	16070
SL	17800
HD/PP Fabric, Sacks
Actual Production
NL	11433.513
SL	12310.103

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

• Central Bank of India, Kranti Chowk Branch, Aurangabad-431005, Maharashtra, India
• State Bank of India, Industrial Finance Branch, Jaggi’s Building, Kranti Chowk, Aurangabad-431005, Maharashtra, India
• ICICI Bank Limited

Facilities :

Secured Loan	As on 31.03.2011 [Rs. in Millions]	As on 31.03.2010 [Rs. in Millions]
Rupee term loans	39.139	11.290
Working capital loans	43.252	16.242
TOTAL	82.391	27.532
Unsecured Loan	As on 31.03.2011 [Rs. in Millions]	As on 31.03.2010 [Rs. in Millions]
Directors loan	19.212	11.695
Deferred sales tax loans	181.218	160.222
Other debts	21.400	17.273
TOTAL	221.830	189.190

Banking Relations :	--
Auditors :
Name :	B B Bharadia and Company Chartered Accountants
Address :	5417, Ganje Galli, Near Ganj Bazar, Ahmednagar-414001, Maharashtra, India
Pan No.:	AHEPB3065B

CAPITAL STRUCTURE

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
10000000	Equity Shares	Rs. 10/- each	Rs.100.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
4950000	Equity Shares	Rs. 10/- each	Rs.49.500 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		49.500	49.500	49.500
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		142.521	125.649	115.297
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		192.021	175.149	164.797
LOAN FUNDS
1] Secured Loans		82.391	27.532	55.191
2] Unsecured Loans		221.830	189.190	161.952
TOTAL BORROWING		304.221	216.722	217.143
DEFERRED TAX LIABILITIES		15.975	17.007	22.830
TOTAL		512.217	408.878	404.770
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		261.841	217.265	236.911
Capital work-in-progress		8.268	1.436	0.000
INVESTMENT		3.706	6.266	6.480
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	157.195	89.072	80.703
	Sundry Debtors	124.217	104.606	86.464
	Cash & Bank Balances	16.513	27.954	33.478
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	34.198	33.061	21.793
Total Current Assets		332.123	254.693	222.438
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	69.896	44.897
	Other Current Liabilities	12.672	12.863	50.191
	Provisions	11.436	13.445	11.433
Total Current Liabilities		94.004	71.205	61.624
Net Current Assets		238.119	183.488	160.814
MISCELLANEOUS EXPENSES		0.283	0.423	0.565
TOTAL		512.217	408.878	404.770

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	1167.443	1024.594	971.618
		Other Income	8.054	8.011	8.500
		TOTAL (A)	1175.497	1032.605	980.118
Less	EXPENSES
		Consumption Materials Changes Inventories	891.107	798.053
		Manufacturing Service Cost	149.590	117.402	915.689
		Employee Related Expenses	27.149	20.189
		Administrative Selling Other Expenses	29.023	31.268
		TOTAL (B)	1096.869	966.912	915.689
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		78.628	65.693	64.426
Less	FINANCIAL EXPENSES (D)		10.989	9.267	12.233
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		67.639	56.426	52.196
Less/ Add	DEPRECIATION/ AMORTISATION (F)		39.690	38.934	37.376
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		27.949	17.492	14.820
Less	TAX (H)		8.065	4.759	6.045
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		19.884	12.733	8.775
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		110.616	100.779	93.741
Less	APPROPRIATIONS
		Proposed Dividend		2.475	1.485
		Corporate Dividend Tax	2.886	0.421	0.252
	BALANCE CARRIED TO THE B/S		127.614	110.616	100.779
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	149.200	51.576	NA
	IMPORTS
		Raw Materials	85.996	21.468	NA
	Earnings / (Loss) Per Share (Rs.)		4.02	2.57	1.77

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	1.69	1.23	0.90
Net Profit Margin (PBT/Sales)	(%)	2.39	1.71	1.53
Return on Total Assets (PBT/Total Assets}	(%)	4.70	3.71	3.23
Return on Investment (ROI) (PBT/Networth)		0.15	0.10	0.09
Debt Equity Ratio (Total Liability/Networth)		2.07	1.64	1.69
Current Ratio (Current Asset/Current Liability)		3.53	3.57	3.61

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions 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	No
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	--
22]	Litigations that the firm / promoter involved in	--
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
31]	PAN of Proprietor/Partner/Director, if available	No
32]	Date of Birth of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

TURNOVER AND PROFITS:

Turnover for the year has gone up by 14% as compared to previous year. The profit before tax has gone up from Rs.17.367 Millions to Rs.27.949 Millions during the current year.

THE FUTURE PROSPECTS OF THE INDUSTRY:

The prospects for the current year for the Industry in general and for your Company, in particular are promising.

BANKERS CHARGES REPORT AS PER REGISTRY

This form is for	Modification of charge
Charge identification number of the modified	10026167
Corporate identity number of the company	U63031MH1978PLC020841
Name of the company	DHOOT COMPACK LIMITED
Address of the registered office or of the principal place of business in India of the company	D-88, M.I.D.C. Industrial Area, Nagapur, Ahmednagar-414111, Maharashtra, India
Type of charge	Book Debts Movable Property [not being pledge] Floating Charge Immovable Property Others
Particular of charge holder	State Bank of India, Industrial Finance Branch, Jaggi’s Building, Kranti Chowk, Aurangabad-431005, Maharashtra, India Email: vilas.lathkar@sbi.co.in
Nature of description of the instrument creating or modifying the charge	1. Memorandum for recording extension of mortgage by deposit of Title Deeds 2. Letter of arrangement 3. Guarantee agreement 4. Supplemental agreement of Loan Cum Hypothecation 5. Letter of confirmation for extension of mortgage
Date of instrument Creating the charge	21.07.2012
Amount secured by the charge	Rs.144.068 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest CC: 5.50% above base rate presently 10.00% present effective rate: 15.50% p.a. TL: 6% above base rate presently 10.00% present effective rate: 16.00%p.a Terms of Repayment CC- repayable on demand Margin Raw Material - Indigenous: 25% Semi-Finished Goods: 33.33% Finished Goods: 33.33% Domestic Receivables : 40% Letters of Credit : 25% Bank Guarantees : 25% Extent and Operation of the charge Exclusive first charge on Fixed and current assets of the company Others Personal guarantees of Mr. Anuj Rameshchandra Dhoot, Mr. Rameshchandra R. Dhoot directors of the company
Short particulars of the property charged	Primary security of raw material, finished and semi finished goods, consumables and book debts and other current assets of the company Hypothecation of plant and machinery purchased out of term loan. Equitable mortgage of land and factory building at Gut No 140, Bidkin Paithan road Aurangabad Equitable mortgage of total land of 1 H 72 R i.e. 4 acres 11 guntha in Gut No 140, at Bidkin tq Paithan Dist Aurangabad owned by Company Equitable mortgage of total land of 0 H 65 R Guntha in Gut No 140, at Bidkin tq Paithan Dist Aurangabad owned by Company Extension of equitable mortgage of Plot No A-13, MIDC Chikalthana Aurangabad 6812 sq mtrs with built up area 2691.33 sq mtrs Extension of equitable mortgage of Plot No D-88, MIDC Ahmednagar adm 8450 sq mtrs with built up area 2844.77 sq mtrs Hypothecation of plant and machinery at the above manufacturing units
Date of latest modification prior to the present modification	21.02.2011
Particulars of the present modification	Enhancement in overall Limit from Rs 131.200 Millions to Rs 144.068 Millions by increase in CC Limit of Rs 20.000 Millions, increase in LC Limit of Rs 7.500 Millions, increase in FBL Rs 0.800 Millions and repayment of Term Loan 1 and 2 of Rs 15.432 Millions and extension of equitable mortgage of properties of this Form No 8 to secure Credit Limit of Rs 144.068 Millions availed from State Bank of India Indl. Finance Branch Aurangabad

FIXED ASSETS:

• Land
• Factory
• Furniture and Fixture
• Office Equipments
• Motor Truck
• Computer
• Electrical Installations
• Tools and Equipments

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

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.55.65
UK Pound	1	Rs.88.10
Euro	1	Rs.69.84

INFORMATION DETAILS

Report Prepared by :

TPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
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	NO
--AFFILIATION	YES/NO	NO
--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	-

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.