1. Summary Information

		Country	India
Company Name	K. L. J. POLYMERS AND CHEMICALS LIMITED	Principal Name 1	Mr. Kanhaiya Lal Jain
Status	Good	Principal Name 2	Mr. Hemant Jain
		Registration #	--
Street Address	KLJ House, 63, Rama Marg, Najafgarh Road, New Delhi – 110015, Delhi, India
Established Date	10. 07.1989	SIC Code	--
Telephone#	91-11-25459706 / 07 / 08 / 41427427 / 29	Business Style 1	Manufacturers of Phthalate Plasticizers
Fax #	91-11-25459709	Business Style 2	--
Homepage	--	Product Name 1	--
# of employees	--	Product Name 2	--
Paid up capital	--	Product Name 3	--
Shareholders	Rs.36,000,000	Banking	ICICI Bank Limited
Public Limited Corp.	Pushp Jain - 718000	Business Period	23 years
IPO	--	International Ins.	-
Public Enterprise	---	Rating	Ba
Related Company
Relation Associates	Country India	Company Name	KLJ Polyalloys
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2011		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	1,016,727,000	Current Liabilities	993,521,000
Inventories	1,026,539,000	Long-term Liabilities	550,603,000
Fixed Assets	323,954,000	Other Liabilities	4,853,000
Deferred Assets	--	Total Liabilities	1,548,977,000
Invest& other Assets	24,619,000	Retained Earnings	806,862,000
		Net Worth	842,862,000
Total Assets	2,391,839,000	Total Liab. & Equity	2,391,839,000
Total Assets (Previous Year)	1,487,788,000
P/L Statement as of	31.03.2011		(Unit: Indian Rs.)
Sales	3,200,152,000	Net Profit	163,947,000
Sales(Previous yr)	1,867,285,000	Net Profit(Prev.yr)	90.468,000

MIRA INFORM REPORT

Report Date :

24.05.2012

IDENTIFICATION DETAILS

Name :	K. L. J. POLYMERS AND CHEMICALS LIMITED
Registered Office :	KLJ House, 63, Rama Marg, Najafgarh Road, New Delhi – 110015, Delhi
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	10. 07.1989
Com. Reg. No.:	55-036883
Capital Investment / Paid-up Capital :	Rs.36.000 Millions
CIN No.: [Company Identification No.]	U24119DL1989PLC036883
Legal Form :	A Closely Held Public Limited Liability Company.
Line of Business :	Manufacturers of Phthalate Plasticizers
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (51)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 3370000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well established company having fine track. The company is doing well. 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 term 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 / Head Office :	KLJ House, 63, Rama Marg, Najafgarh Road, New Delhi – 110015, Delhi, India
Tel. No.:	91-11-25459706 / 07 / 08 / 41427427 / 29
Fax No.:	91-11-25459709 / 25436264
E-Mail :	delhi@kljindia.com secretariat@kljindia.com mattoo@kljindia.com
Website :	www.kljindia.com
Sales Office :	102-107, Hotel Ashoka, 50B, Diplomatic Enclave, Chanakaya Puri, New Delhi - 110021, India
Tel. No.:	91-11-24122880-86
Fax No.:	91-11-24122887
E-Mail :	sales@kljtownplanners.com
Branch Office :	Located At: · Mumbai · Kolkata · Chennai
Overseas Office:	5 SOI G-4, Pakornsongkhoraj Road, Tambon, Huaypong, Amphur, Muangrayong, Rayong -21150, Thailand.
Tel. No.:	66-38-693219
Fax No.:	66-38-693220
E-Mail :	klj.th@kljindia.com
Factory 1 :	KPC Main, Suryen No. 57/2 (4-5), Kunta Road, Bhenslore, Dunetha Villate, Nani – Daman – 396210 (Union Territory of Daman and Diu)
Factory 2 :	KPC – Unit I Survey No. 57/2 (2) Bhenslore, Dunetha Villate, Nani – Daman – 396210 (Union Territory of Daman and Diu)
Factory 3 :	KPC – Unit II Survey No. 177, Jamal Pada Road, Village Silli, Sillage Silli, Silvassa – 396230, (Union Territory of Dadra and Nagar Haveli)

DIRECTORS

AS ON 29.09.2011

Name :

Mr. Kanhaiya Lal Jain

Designation :

Chairman

Address :

K-71, Kirti Nagar, New Delhi – 110 015, India

Date of Birth/Age :

06.04.1946

Qualification :

Graduate

Date of Appointment :

30.09.1995

DIN :

00033519

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	U74899DL1984PTC019023	PUNCH PARKASHAN PRIVATE LIMITED	Director	27/08/1984	27/08/1984	19/09/2011	Active	NO
2	U24119DL1989PLC036883	K L J POLYMERS AND CHEMICALS LIMITED	Director	10/9/1995	10/9/1995	-	Active	NO
3	U70101DL1997PTC088313	KLJ ESTATES PRIVATE LIMITED	Director	1/1/2001	1/1/2001	29/01/2009	Active	NO
4	U74899DL1953PTC002338	PRITHVI SOUND PRODUCTS COMPANY PRIVATE LIMITED	Director	21/08/2003	21/08/2003	-	Active	NO
5	U45201DL2006PTC144827	HM BUILDCON PRIVATE LIMITED	Director	29/09/2007	10/7/2007	13/06/2008	Active	NO
6	U45201DL2006PTC145296	KLJ DEVELOPERS PRIVATE LIMITED	Additional director	21/01/2010	21/01/2010	15/02/2010	Active	NO
7	U26940DL2008PTC174160	THETA CEMENT PRIVIATE LIMITED	Additional director	14/02/2011	14/02/2011	-	Active	NO
8	U25200DL2008PLC181088	KLJ PLASTICIZERS LIMITED.	Managing director	28/09/2011	12/8/2011	-	Active	NO

Name :

Mr. Hemant Jain

Designation :

Director

Address :

6 B/9 Nea, Old Rajinder Nagar, New Delhi – 110 060, India

Date of Birth/Age :

18.08.1971

Date of Appointment :

25.09.1989

DIN :

00506995

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	U24119DL1989PLC036883	K L J POLYMERS AND CHEMICALS LIMITED	Director	25/09/1989	25/09/1989	-	Active	NO
2	U74210AP1994PTC019032	SUMAX ENGINEERING PRIVATE LIMITED	Director	28/12/1996	28/12/1996	18/01/2011	Active	NO
3	U51495DL1997PTC088314	PRAGYA ENTERPRISES PRIVATE LIMITED	Director	3/7/1997	3/7/1997	8/2/2008	Active	NO
4	U24299DL1998PTC093855	PRAGYA PRODUCTS PRIVATE LIMITED	Director	15/05/1998	15/05/1998	14/05/2008	Active	NO
5	U70101DL1998PTC093856	CHETNA ESTATE PRIVATE LIMITED.	Director	15/05/1998	15/05/1998	8/2/2008	Active	NO
6	U72900DL2001PTC109334	KLJ INFOTECH PRIVATE LIMITED	Director	23/01/2001	23/01/2001	-	Active	NO
7	U70101DL1997PTC088313	KLJ ESTATES PRIVATE LIMITED	Director	24/07/2003	24/07/2003	8/2/2008	Active	NO
8	U45201DL2003PTC118748	GENIOUS PROMOTERS AND DEVELOPERS PRIVATE LIMITED	Director	15/10/2003	15/10/2003	17/06/2008	Active	NO
9	U74899DL1995PTC072219	DELHI BUILDWELL PRIVATE LIMITED	Director	27/04/2004	27/04/2004	30/03/2011	Active	NO
10	U74899DL1953PTC002338	PRITHVI SOUND PRODUCTS COMPANY PRIVATE LIMITED	Director	15/04/2005	15/04/2005	-	Active	NO
11	U70101DL2005PTC139094	CADILLAC BUILDWELL PRIVATE LIMITED	Director	27/07/2005	27/07/2005	-	Active	NO
12	L67120WB1986PLC041487	KLJ RESOURCES LIMITED	Managing director	1/4/2009	1/10/2005	-	Active	NO
13	U45201DL2005PTC143434	SHV BUILDWELL PRIVATE LIMITED	Director	25/09/2006	29/12/2005	8/2/2008	Active	NO
14	U45201DL2005PTC143435	HVS BUILDWELL PRIVATE LIMITED	Director	25/09/2006	29/12/2005	1/3/2007	Active	NO
15	U45201DL2006PTC144850	JS BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	1/3/2007	Active	NO
16	U45201DL2006PTC144846	JM BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	5/3/2007	Active	NO
17	U45201DL2006PTC144845	HA BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	5/3/2007	Active	NO
18	U45201DL2006PTC144844	HP BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	5/3/2007	Active	NO
19	U45201DL2005PTC143313	SMV BUILDWELL PRIVATE LIMITED	Director	22/01/2006	22/01/2006	5/3/2007	Active	NO
20	U45201DL2006PTC145296	KLJ DEVELOPERS PRIVATE LIMITED	Director	16/03/2010	24/01/2006	-	Active	NO
21	U45201DL2006PTC144827	HM BUILDCON PRIVATE LIMITED	Director	1/8/2006	1/8/2006	5/3/2007	Active	NO
22	U15422DL1997PTC091143	PIONEER ESERVE PRIVATE LIMITED	Director	30/09/2009	3/10/2006	-	Active	NO
23	U45201DL2006PTC144848	AP BUILDCON PRIVATE LIMITED	Director	29/09/2007	10/7/2007	13/06/2008	Active	NO
24	U74899DL1995PLC068170	KLJ ORGANIC LIMITED	Director	29/09/2007	20/08/2007	-	Active	NO
25	U45400DL2007PTC167471	CADILLAC REAL-TECH PRIVATE LIMITED	Director	27/08/2007	27/08/2007	8/2/2008	Strike off	NO
26	U45400DL2007PTC167420	CADILLAC IT PARK PRIVATE LIMITED	Director	27/08/2007	27/08/2007	8/2/2008	Strike off	NO
27	U45400DL2007PTC167419	CADILLAC IT DEVELOPERS PRIVATE LIMITED	Director	27/08/2007	27/08/2007	8/2/2008	Strike off	NO
28	U45200DL2008PTC173602	PH INFRASTRUCTURE PRIVATE LIMITED	Director	5/2/2008	5/2/2008	13/06/2008	Active	NO
29	U55101DL2008PTC173687	KLJ RESORTS PRIVATE LIMITED	Director	6/2/2008	6/2/2008	-	Strike off	NO
30	U45200DL2008PTC173580	PK INFRACON PRIVATE LIMITED	Director	30/09/2009	2/4/2009	5/5/2011	Active	NO
31	U72200DL2006PTC147341	SUNNY IT INFRASOFT PRIVATE LIMITED	Additional director	10/6/2009	10/6/2009	30/09/2009	Active	YES
32	U74999DL2009PTC191454	KOYO LIFT SYSTEMS INDIA PRIVATE LIMITED	Director	22/06/2009	22/06/2009	15/03/2010	Active	NO

Name :

Mr. Kamal Jain

Designation :

Managing Director

Address :

6 B/9 Nea, Old Rajinder Nagar, New Delhi – 110 060, India

Date of Birth/Age :

08.04.1973

Qualification :

MBA - Marketing

Date of Appointment :

30.06.2007

DIN :

00033355

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	U74899DL1995PLC068170	KLJ ORGANIC LIMITED	Director	5/5/1998	5/5/1998	-	Active	NO
2	U45201DL2005PTC143314	MVS BUILDWELL PRIVATE LIMITED	Director	29/12/2005	29/12/2005	2/3/2007	Active	NO
3	U45201DL2006PTC144825	MP BUILDCON PRIVATE LIMITED	Director	25/09/2006	25/01/2006	21/01/2009	Active	NO
4	U70101DL1998PTC092359	HAMLOG BUILDERS PRIVATE LIMITED	Director	30/09/2006	28/01/2006	24/01/2009	Active	NO
5	U70101DL1998PTC092091	LUBHAVANI ESTATE PRIVATE LIMITED	Director	30/09/2006	28/01/2006	22/01/2009	Active	NO
6	U51909DL1998PTC092014	UJJAVAL CONSUMABLE GOODS PRIVATE LIMITED	Director	30/09/2006	28/01/2006	23/01/2009	Active	NO
7	U24119DL1989PLC036883	K L J POLYMERS AND CHEMICALS LIMITED	Managing director	29/09/2011	30/06/2007	-	Active	NO
8	U45400DL2007PTC167472	CADILLAC TECHNO-BUILD PRIVATE LIMITED	Director	27/08/2007	27/08/2007	26/01/2009	Active	NO
9	U45400DL2008PTC173595	AK BUILDTECH PRIVATE LIMITED	Director	5/2/2008	5/2/2008	13/06/2008	Active	NO
10	U45200DL2008PTC173580	PK INFRACON PRIVATE LIMITED	Director	5/2/2008	5/2/2008	13/06/2008	Active	NO
11	U24232DL2008PTC173572	KLJ PHARMA PRIVATE LIMITED	Director	5/2/2008	5/2/2008	-	Strike off	NO
12	U25200DL2008PLC181088	KLJ PLASTICIZERS LIMITED.	Director	18/07/2008	18/07/2008	-	Active	NO

Name :

Mr. Mangi Lal Sethia

Designation :

Director

Address :

132, Savita Vihar, New Delhi – 110 097, India

Date of Birth/Age :

26.06.1954

Qualification :

Graduate

Date of Appointment :

10.07.1989

DIN :

00061726

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	U24119DL1989PLC036883	K L J POLYMERS AND CHEMICALS LIMITED	Director	10/7/1989	10/7/1989	Active	NO
2	U74899DL1953PTC002338	PRITHVI SOUND PRODUCTS COMPANY PRIVATE LIMITED	Director	24/11/1994	24/11/1994	Active	NO
3	U51505DL1998PTC092090	HAMLOG ENGINEERING PRIVATE LIMITED	Director	25/08/2005	25/08/2005	Active	NO
4	U70101DL1998PTC092321	SUBHANKAR ESTATE PRIVATE LIMITED	Director	27/08/2005	27/08/2005	Active	NO
5	U45201DL2005PTC143314	MVS BUILDWELL PRIVATE LIMITED	Director	6/12/2005	6/12/2005	Active	NO
6	U51495DL1997PTC088314	PRAGYA ENTERPRISES PRIVATE LIMITED	Director	30/09/2008	8/2/2008	Active	NO
7	U70101DL1997PTC088313	KLJ ESTATES PRIVATE LIMITED	Director	30/09/2008	8/2/2008	Active	NO
8	U70101DL1998PTC093856	CHETNA ESTATE PRIVATE LIMITED.	Director	30/09/2008	8/2/2008	Active	NO

Name :

Mr. Chetan Dev Anand

Designation :

Director

Address :

8, Bhera Enclave Ring road, New Delhi – 110 041, India

Date of Birth/Age :

20.02.1935

Qualification :

Graduate

Date of Appointment :

03.06.1996

DIN :

00038472

KEY EXECUTIVES

Name :	Radha Krishna Agarwal
Designation :	Company Secretary
Address :	359, Nilgiri Apartment, Alakhnanada, New Delhi – 110 019, Delhi, India
Date of Birth/Age :	15.06.1917
Date of Appointment :	20.07.1995

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 29.09.2011

Names of Shareholders	No. of Shares
Kanhaiya Lal Jain	660240
Indira Devi Patawari	289040
Sushila Patawari	260000
Hemant Jain	684000
Kamal Jain	714000
Pushp Jain	718000
Dilip Singh	240
Surana Mal Hulas	240
Mangi Lal Sethia	240
Kanhaiya Lal Jain and Sons (HUF)	250000
Kinetic Impex Limited, India	24000
Total	3600000

AS ON 29.09.2011

Equity Share Breakup	Percentage of Holding
Category
Bodies corporate	0.67
Directors or relatives of directors	99.32
Others	0.01
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturers of Phthalate Plasticizers

Products :

Item Code No. (ITC Code)	400520.90
Product Description	TPE Compound
Item Code No. (ITC Code)	381230.90
Product Description	Formulated C.P.S.
Item Code No. (ITC Code)	390210.00
Product Description	PP Compound

PRODUCTION STATUS: (As on 31.03.2011)

Particulars	Unit	Actual Production
K. Plast Formu Plasticizers	MT	19385.838
Polymer Compounds	MT	22518.774

Particulars	Unit	Actual Production
TPE Compound	MT	5387444
PP Compound	MT	2429248
Formulated Additives Paraffin	MT	19382082

Particulars	Unit	31.03.2011
Installed Capacity	MT	106000

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

• ICICI Bank Limited

• State Bank of India, Mid Corporate Loan, Administration Unit, Chandani Chowk, Delhi-110 006, India

• State Bank of India, Commercial Branch, A-5, South Extension, Part – I, New Delhi - 110048, India.

• State Bank of India, K.V.I.C. Building, R. G. Gadkari Marg, Vile Parle (West), Mumbai – 400056, Maharashtra, India.

Facilities :

Secured Loans :	31.03.2011 Rs. in Millions	31.03.2010 Rs. in Millions
Rupee Term Loan From Banks	444.011	279.359
Total	444.011	279.359
Unsecured Loans :	31.03.2011 Rs. in Millions	31.03.2010 Rs. in Millions
Loan From Directors	27.176	20.416
Deposits related parties	79.416	30.195
Total	106.592	50.611

Banking Relations :	-
Auditors :
Name :	Mohit Parekh and Company Chartered Accountants.
Address :	572, Second Floor, Gandhi Cloth Market, Chandni Chowk, Delhi – 110006, India
Tel. No.:	91-11-23918093 / 23958433
E-Mail :	mm_ap_c@yahoo.co.in mohitparekhca@gmail.com
PAN :	AAHPP2532M
Group Companies:	KLJ Plasticizers, Silvassa, India Silvassa Plast, Silvassa, India KLJ Organic Limited – The Quarter Project, Bharuch, Gujarat, India KLJ Polyalloys, Silvassa, India KLJ Polymers and Chemicals Limited (Unit - II) , Silvassa, India Ganga Udyog Private Limited, Nepal KLJ Resources Limited – New Lubricant Project, Delhi, India KLJ Town Planners Private Limited, Delhi, India KLJ Organic (Thailand) Limited, Thailand
Associates :	KLJ Organic Limited [CIN : U74899DL1995PLC068170] KLJ Polyalloys Kundalia Industries Silvassa Plast KLJ Resources Limited [CIN : L67120WB1986PLC041487] KLJ Plasticizers Limited [CIN : U25200DL2008PLC181088] KLJ Organic (Thailand) Limited KLJ Organic Limited [E.O.U] Kinetic Impex Limited [CIN : L51909WB1985PLC039455]

CAPITAL STRUCTURE

As on 29.09.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
6,000,000	Equity Shares	Rs.10/- each	Rs.60.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
3,600,000	Equity Shares	Rs.10/- each	Rs.36.000 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		36.000	36.000	36.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		806.862	642.915	552.447
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		842.862	678.915	588.447
LOAN FUNDS
1] Secured Loans		444.011	279.359	274.588
2] Unsecured Loans		106.592	50.611	0.000
TOTAL BORROWING		550.603	329.970	274.588
DEFERRED TAX LIABILITIES		4.853	3.515	3.278
TOTAL		1398.318	1012.400	866.313
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		323.954	148.589	151.079
Capital work-in-progress		23.114	54.609	0.000
INVESTMENT		1.505	1.499	2.054
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1026.539	663.677	573.499
	Sundry Debtors	725.209	392.230	503.737
	Cash & Bank Balances	54.008	40.984	36.633
	Other Current Assets	90.713	54.480	0.000
	Loans & Advances	146.797	131.720	148.814
Total Current Assets		2043.266	1283.091	1262.683
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	918.745	454.150	493.789
	Other Current Liabilities	0.000	0.000	6.544
	Provisions	74.776	21.238	49.170
Total Current Liabilities		993.521	475.388	549.503
Net Current Assets		1049.745	807.703	713.180
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		1398.318	1012.400	866.313

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	3200.152	1867.285	2153.823
		Other Income	14.615	28.990	20.807
		TOTAL (A)	3214.767	1896.275	2174.630
Less	EXPENSES
		Consumption materials changes inventories	2654.890	1572.540
		Manufacturing service costs	129.251	71.558
		Employee related expenses	54.388	32.350
		Administrative selling other expenses	65.678	38.546	2130.188
		Research and development expenses	3.444	2.537
		TOTAL (B)	2907.651	1717.531	2130.188
	PROFIT/[LOSS] BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		307.116	178.744	44.442
Less	FINANCIAL EXPENSES (D)		62.846	51.027	0.000
	PROFIT/[LOSS] BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		244.270	127.717	44.442
Less/ Add	DEPRECIATION/ AMORTISATION (F)		25.429	19.402	18.511
	PROFIT BEFORE TAX (E-F) (G)		218.841	108.315	25.931
Less	TAX (H)		154.894	17.847	4.933
	PROFIT AFTER TAX (G-H) (I)		163.947	90.468	20.998
	EARNINGS IN FOREIGN CURRENCY - Direct Exports [FOB]		121.211	23.919	16.499
	IMPORTS
		Raw Materials	1621.503	956.88	922.631
		Capital Goods	32.433	17.354	4.242
		Packing Materials	5.635	0.000	3.372
	TOTAL IMPORTS		1659.571	974.234	930.245
	Earnings Per Share (Rs.)		45.54	25.13	5.83

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	5.10	4.77	0.97
Net Profit Margin (PBT/Sales)	(%)	6.84	5.80	1.20
Return on Total Assets (PBT/Total Assets}	(%)	9.24	7.56	1.83
Return on Investment (ROI) (PBT/Networth)		0.26	0.16	0.04
Debt Equity Ratio (Total Liability/Networth)		1.83	1.19	1.40
Current Ratio (Current Asset/Current Liability)		2.06	2.70	2.30

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) 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	Yes
17) Major suppliers	No
18) Major customers	No
19) Payments terms	No
20) Export / Import details (if applicable)	--
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

Financial Results

The Company has three units – major manufacturing operations of the Company are located at Silvassa. The manufacturing Unit-II at Silvassa (U.T. of Dadra and Nagar Haveli) for manufacture of Polymer Compounds has a state of art equipments, a R and D centre, a well equipped laboratory.

The unit called main Unit at Daman is doing Job Work and Unit-I also at Daman is almost closed.

Operation.

With the onset of their technical collaboration with Technofilm Spa of Italy, the General acceptability of their product TPR has increased in the market place. Not Only the grades of Technofilm but also their in house developed grades of TPR have gained enhanced acceptability in the recent past.

In PP segment, they are endeavoring to broaden their customer base by supplying consistent quality product. They are quite hopeful in making an entry into Automobile Sector.

In addition to their regular product EVA, PP, TPR/TPE and XLPE our R and D Team had developed ZHFR (Zero Halogen Flame Retardant) cable compounds with excellent quality to meet the specific requirement. This product has been introduced in market and the response from the reputed cable manufacturers has been encouraging.

EVA compound is experiencing its normal organic growth.

Expansion

The Company along with other KLJ Group Companies is a leading Company in the field of plasticizers and compounds. The KLJ Group has been constantly concentrating on consolidation, expansion on improving the existing products and including new products. The ompany has completed the expansion programme raising the installed capacity from 44000 MT to 106000 MT of Plasticizers and Polymer Compounds.

Contingent Liabilities [As on 31.03.2011]

• Bank Guarantees RS. 41,32,000/-(P.Y. RS.34,67,000/-)

• Excise Matter with The Commissioner(Appeals) C.E.and C. Daman RS.0.593 million

• Letter of Credits With Bank RS.850.189 millions (P.Y. RS.531.255 millions)

On the basis of current status of the above mentioned case pending with the Excise department and as per the advice obtained by the company, the company is confident that no provision is required in respect of the said demand raised by the Excise Department at this point of time.

Bankers Charges Report as per Registry

Corporate identity number of the company	U24119DL1989PLC036883
Name of the company	K L J POLYMERS AND CHEMICALS LIMITED
Address of the registered office or of the principal place of business in India of the company	K L J House, 63, Rama Marg, Najafgarh Road, New Delhi, India
This form is for	Modification of charge
Charge identification number of the modified	10101641
Type of charge	Book Debts Movable Property Floating Charge Immovable Property Others - Personal Guarantee of Directors
Particular of charge holder	State Bank of India, Mid Corporate Loan, Administration Unit, Chandani Chowk, Delhi-110 006, India
Nature of description of the instrument creating or modifying the charge	Arrangement Letter MCGRM/YS/2009-10/727 Dated 9.3.10 Board Resolution 31.03.10 Following Documents Dated 24.4.10: Link Letter C1A Supplementary Agreement of Loan For Increase In The Overall Limit C2A Supplementary Agreement of Hypothecation Goods and Assets For Increase In Overall Limit C5 Letter Regarding Grant Of Individual Limits Within Overall Limit C4A Supplementary Deed of Guarantee For Increase In Overall Limit Consent Clause (Borrowers and Guarantors) RBI/ CIBIL Consent Clause, Misc. Undertakings
Date of instrument Creating the charge	24.04.2010
Amount secured by the charge	Rs.990.000 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest CC: 0.50% above SBAR effective rate 12.25% p.a. T/L: 0.75% above SBAR effective rate 12.50% p.a. Terms of Repayment T/L (NEW): In 36 monthly installments of Rs.0.022 Millions each w.e.f. Oct, 2010 payable on last day of the month, the residual amount being loaded in the last installment. Margin -Raw Material - 25% -Stock In Process -25% -Finished Goods -25% -Receivables (Max. Cover Period 120 Days)-25% -Bank Guranatee-5% -LC( Max Usance of 225 Days Including the Lead Time)-5% Extent and Operation of the charge Primary: CC (STOCKS/ BD / LC/ BG / EPC / PCFC / FBD / FBP): Hypothecation of Raw Material, Stores, WIP, FG, GIT, BDs / R'bles, Foreign Bills and TCA TL: Hypothecation of P and M and all FA's and EM OF: 1)L and B Survey no.57/2(2,3,4,5) and 57/3(4A), Dunetha, Nani Daman 2)Survey no176 / 1 / 1 / 1, 176 / 4,197 / 2, 196 / 1, 198, 176 / 3, 176 / 5,176 / 6, 196 /2, 176 / 8, 195 / 2, 176 / 1 / 1 / 2, 176 / 2, 197 / 1/ 1 and177, Jamal Pada Road , Silli, Silvassa, Dadra and Nagar Haveli 3) Res. Flat C/207,C/208 and 311, Rajesh Complex, Teen Batti, Nani Daman iv)Office at 76,Juhu Shopping Centre, 2nd Floor, Gulmohar Cross, 9^th Road, Juhu Scheme, Mumbai Others Collateral Security- CC (STOCKS/ BD /LC /BG / EPC / PCFC / FBD / FBP ): Hypothecation of Extension of charge over the entire P and M and other FAs Personal Guarantee: Sh. K.L Jain, Sh. Hemant Jain, and Sh Kamal Jain, Directors Total Exposure: Rs.990.000 Millions. CC(stock and BD): 300.000 Millions (EPC/PCFC with in CC): (1500 Millions) (FBP/FBD with in CC): (15.000 Millions) T/L New: 80 Millions LC/BC: 600 Millions BG: 10 Millions
Short particulars of the property charged	Factory L and B at Survey no.57/2(2,3,4,5) and 57/3(4A),Dunetha, Nani Daman (Unit 1) measuring 6463 sq mtr Factory L and B at Survey no1 76 / 1 / 1/ 1, 176 / 4,197 / 2, 196 / 1,198, 176 / 3, 76 / 5, 176 / 6, 196 / 2, 176 / 8, 195 / 2, 176 / 1/ 1/ 2, 176 / 2, 197 /1 / 1 and 177, Jamal Pada Road, Silli, Silvassa, Dadra and Nagar Haveli (Unit-2) (area10 hectare) Res. Flat C/207,C/208 and 311,Rajesh Complex ,Near Dilip Nagar, Teen Batti, Nani Daman Office at 76, Juhu Shopping Centre, 2nd Floor, Gulmohar Cross, 9^th Road, Juhu Scheme, Mumbai
Particulars of the present modification	Extension of Charge over enhanced credit facilities of Rs.990 Millions taken on record

Fixed Assets:

· Building

· Land

· Plant and Machinery

· Electric Fitting

· Plant Fitting

· Type Writers

· Car

· Cycle

· Computer

· Fans and Cooler

· Scooter

· Air Conditioner

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.55.93
UK Pound	1	Rs.88.14
Euro	1	Rs.70.87

INFORMATION DETAILS

Report Prepared by :

SDA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	6
--RESERVES	1~10	6
--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		51

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.