MIRA
INFORM REPORT
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Report Date : |
26.06.2012 |
IDENTIFICATION DETAILS
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Name : |
NOIDA FABCON MACHINES PRIVATE LIMITED |
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Registered
Office : |
W – 132, Greater Kailash Part
-1, |
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Country : |
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Financials (as
on) : |
31.03.2011 |
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Date of
Incorporation : |
02.12.2003 |
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Com. Reg. No.: |
55-123282 |
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Capital
Investment / Paid-up Capital : |
Rs.4.515 Millions |
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CIN No.: [Company Identification
No.] |
U29199DL2003PTC123282 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer of Conveying Equipments and Food Process Equipments. |
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No. of Employees
: |
150 (Approximately) (In Office + In Factory) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba (43) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 48000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject is an 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 for small to mediocre business dealing
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) |
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A1 |
A1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
INFORMATION PARTED BY
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Name : |
Mr. Ashish |
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Designation : |
Project Manager |
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Contact No.: |
91-9811209769 |
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Date : |
06.06.2012 |
LOCATIONS
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Registered Office : |
W – 132, Greater Kailash Part -1, New Delhi, India |
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Tel. No.: |
Not Available |
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Mobile No.: |
91-9811209769 (Mr. Ashish) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Location : |
Owned |
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Administrative Office Factory 1 :
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C-150, Sector-63, Guatam Budh
Nagar, Noida – 201307,
Uttar Pradesh, India |
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Tel. No.: |
91-120-4225550/422551/4225552/4225553 |
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Fax No.: |
91-120-4225551 |
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E-Mail : |
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Factory 2 : |
D- 30, Sector- 173, Kavi Nagar Industrial Area, Ghaziabad - 201002, Uttar Pradesh, India |
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Tel. No.: |
91-120-4167689 |
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E-Mail : |
DIRECTORS
As on 29.09.2011
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Name : |
Mr. Nishant Bansal |
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Designation : |
Director |
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Address : |
KL-15, Kavi Nagar,
Ghaziabad – 201002, Uttar Pradesh, India |
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Date of Birth/Age : |
01.11.1977 |
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Date of Appointment : |
02.12.2003 |
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DIN No.: |
00063041 |
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Name : |
Mrs. Madhulika Bansal |
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Designation : |
Director |
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Address : |
KL-15, Kavi Nagar,
Ghaziabad – 201002, Uttar Pradesh, India |
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Date of Birth/Age : |
11.09.1977 |
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Date of Appointment : |
02.12.2003 |
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DIN No.: |
00083364 |
KEY EXECUTIVES
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Name : |
Mr. Ashish |
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Designation : |
Project Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 29.09.2011
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Names of Shareholders |
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No. of Shares |
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Nishant
Bansal |
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190000 |
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Madhulika
Bansal |
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120000 |
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Rakesh
Bansal |
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29910 |
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Jyoti
Bansal |
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70900 |
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Rakesh
Bansal (HUF) |
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10000 |
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Shri
Ganesh Ji Trust, India |
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100 |
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Shri
Ganpati Ji Trust, India |
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100 |
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Shri
Laxmi Ji Trust, India |
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100 |
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Maa
Saraswati Trust, India |
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100 |
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Maa
Vindhyachal Trust, India |
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100 |
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Maa
Jwala Ji Trust, India |
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100 |
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Silver Shine Apparels Private Limited, India |
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30000 |
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Deepak Mittal |
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30 |
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Deepak Mittal (HUF) |
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50 |
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Anju
Rani |
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10 |
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Total
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451500 |
As on 29.09.2011
Equity Share Break up (Percentage of Total Equity)
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Category |
Percentage |
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Bodies corporate |
7.00 |
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Directors or relatives of Directors |
91.00 |
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Other top fifty shareholders |
2.00 |
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Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer of Conveying Equipments and Food Process Equipments. |
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Products : |
· Complete Snack Food Processing Systems · Material Handling Systems: Solid, Powder and Granule Type · Conveying Systems for Food and Warehouse Handling · Special Purpose Systems · Packaging Lines Distribution Systems · Ancillary/Supplementary Equipment for Main Plant · Process and Storage Equipments
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Exports : |
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Products : |
·
Conveying Equipments ·
Food Process Equipments |
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Countries : |
·
Middle East |
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Imports : |
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Products : |
·
Raw Material |
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Countries : |
·
UK ·
Japan |
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Terms : |
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Selling : |
Cash and Credit |
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Purchasing : |
Cash and Credit |
PRODUCTION STATUS
As on 31.03.2011
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Particulars |
31.03.2011 |
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Licensed Capacity |
1200.00 |
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Installed Capacity |
1200.00 |
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Actual Production (In M. T.) |
415.796 |
GENERAL INFORMATION
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Suppliers : |
·
Siddharth Metals |
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Customers : |
Wholesalers and Retailers ·
Haldiram ·
Pepsico ·
Bikaji ·
Unileaver ·
Dabur |
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No. of Employees : |
150 (Approximately) (In Office + In Factory) |
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Bankers : |
·
State Bank of India, Rasmeccc
Branch, Industrial Area, B. S. Road, Ghaziabad – 201001, Uttar Pradesh, India
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HDFC Bank |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
R. K. Govil and Company Chartered Accountants |
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Address : |
4, Kiran Enclave, G. T. Road, Ghaziabad –
201001, Uttar Pradesh, India |
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PAN.: |
AAGFR1066F |
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Memberships : |
· Federation of Indian Micro and Small and Medium Enterprises (FISME) · Export and Engineering Council (EEC) ·
Federation of Indian Export Organizations
(FIEO) |
CAPITAL STRUCTURE
As on 31.03.2011
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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1000000 |
Equity Shares |
Rs.10/- each |
Rs.10.000 Millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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451500 |
Equity Shares |
Rs.10/- each |
Rs.4.515
Millions |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
4.515 |
4.515 |
4.215 |
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2] Share Application Money |
0.000 |
0.000 |
0.000 |
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3] Reserves & Surplus |
7.481 |
6.448 |
2.800 |
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4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH |
11.996 |
10.963 |
7.015 |
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LOAN FUNDS |
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1] Secured Loans |
2.675 |
4.562 |
4.281 |
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2] Unsecured Loans |
9.941 |
4.639 |
5.354 |
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TOTAL BORROWING |
12.616 |
9.201 |
9.635 |
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DEFERRED TAX LIABILITIES |
0.319 |
0.124 |
0.129 |
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TOTAL |
24.931 |
20.288 |
16.779 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
11.008 |
11.243 |
10.734 |
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Capital work-in-progress |
0.000 |
0.000 |
0.000 |
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INVESTMENT |
0.300 |
0.300 |
0.300 |
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DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
30.349
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23.094 |
19.961 |
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Sundry Debtors |
16.282
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12.074 |
6.971 |
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Cash & Bank Balances |
0.254
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0.771 |
0.347 |
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Other Current Assets |
2.760
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2.690 |
0.000 |
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Loans & Advances |
2.824
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3.355 |
4.677 |
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Total
Current Assets |
52.469
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41.984 |
31.956 |
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Less : CURRENT
LIABILITIES & PROVISIONS |
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Sundry Creditors |
24.325
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24.709 |
15.710 |
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Other Current Liabilities |
14.114
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8.342 |
10.108 |
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Provisions |
0.647
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0.442 |
0.409 |
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Total
Current Liabilities |
39.086
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33.493 |
26.227 |
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Net Current Assets |
13.383
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8.491 |
5.729 |
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MISCELLANEOUS EXPENSES |
0.240 |
0.254 |
0.316 |
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TOTAL |
24.931 |
20.288 |
16.779 |
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PROFIT & LOSS
ACCOUNT
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PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
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SALES |
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Income |
112.952 |
90.947 |
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Other Income |
0.666 |
0.480 |
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Profit on Sale of Car A/C |
0.055 |
0.000 |
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TOTAL (A) |
113.673 |
91.427 |
67.883 |
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Less |
EXPENSES |
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Cost of Goods Sold |
79.430 |
64.523 |
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Manufacturing Expenses |
20.270 |
16.518 |
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Personnel Expenses |
2.941 |
2.779 |
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Administrative Expenses |
2.875 |
1.982 |
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Selling and Distribution Expenses |
4.186 |
2.328 |
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Misc Exp. Written off |
0.074 |
0.062 |
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TOTAL (B) |
109.776 |
88.192 |
66.866 (Including
Depreciation and Financial Expenses) |
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Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
3.897 |
3.235 |
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Less |
FINANCIAL
EXPENSES (D) |
1.031 |
0.805 |
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PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
2.866 |
2.430 |
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Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.993 |
1.062 |
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PROFIT BEFORE
TAX (E-F) (G) |
1.873 |
1.368 |
1.017 |
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Less |
TAX (I) |
0.647 |
0.442 |
0.409 |
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PROFIT AFTER TAX
(G-I) (J) |
1.226 |
0.926 |
0.608 |
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Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
0.748 |
0.800 |
0.778 |
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Add |
EXCESS
PROVISION W/BACK |
0.023 |
0.028 |
0.022 |
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Add/ (Less) |
DEFERRED TAX
ASSETS/(LIABILITY) |
(0.195) |
0.005 |
(0.008) |
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Add/ Less |
PRIOR YEAR
ADJUSTMENT |
(0.021) |
(0.011) |
0.000 |
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Less |
APPROPRIATIONS |
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Transfer to General Reserve |
0.500 |
1.000 |
0.600 |
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BALANCE CARRIED
TO THE B/S |
1.281 |
0.748 |
0.800 |
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Earnings Per
Share (Rs.) |
2.67 |
2.20 |
-- |
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Particulars |
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31.03.2012 |
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Sales Turnover (Approximately) |
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200.000 |
Expected Sales (2012-2013) : Rs.250.000 Millions
The above information has been parted by Mr. Ashish.
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
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PAT / Total Income |
(%) |
1.08
|
1.01 |
0.90 |
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Net Profit Margin (PBT/Sales) |
(%) |
1.66
|
1.50 |
NA |
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Return on Total Assets (PBT/Total Assets} |
(%) |
2.95
|
2.57 |
2.38 |
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Return on Investment (ROI) (PBT/Networth) |
|
0.16
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0.12 |
0.14 |
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Debt Equity Ratio (Total Liability/Networth) |
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4.31
|
3.89 |
5.11 |
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Current Ratio (Current Asset/Current Liability) |
|
1.34
|
1.25 |
1.22 |
LOCAL AGENCY FURTHER INFORMATION
|
Check List by Info
Agents |
Available in Report
(Yes / No) |
|
1) Year of Establishment |
Yes |
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2) Locality of the firm |
Yes |
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3) Constitutions of the firm |
Yes |
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4) Premises details |
No |
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5) Type of Business |
Yes |
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6) Line of Business• |
Yes |
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7) Promoter’s background |
Yes |
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8) No. of employees |
Yes |
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9) Name of person contacted |
Yes |
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10) Designation of contact person |
Yes |
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11) Turnover of firm for last three years |
Yes |
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12) Profitability for last three years |
|