|
Report Date : |
11.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
DYNALOG INDIA LIMITED |
|
|
|
|
Registered
Office : |
3rd Floor, G-Wing, Kailash Vaibhav Complex, Park Site,
Vikhroli (West), Mumbai – 400079, Maharashtra |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
24.05.1985 |
|
|
|
|
Com. Reg. No.: |
11-036338 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 40.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U32109MH1985PLC036338 |
|
|
|
|
IEC No.: |
0396050701 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCD9802G |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer, Trader, Distributor and Exporter Industrial Ethernet
Switches, Industrial Media Convertors, Fiber Optic convertors, Data
Acquisition Cards, Main Frame Industrial Computer, EK-V7C707 Development
Board, JTAG USB Programming Cable – make Xilinx, TWC-78-2 Twinax Cable – make
Emerson Trompeter, VD – 200 HV Cable, PVM – 5 HV Cable make North Star. |
|
|
|
|
No. of Employees
: |
174 (Approximately) (In Office 70) (In Branch 59) (In Factory 45) |
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 |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
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Comments : |
Subject is an established company having satisfactory track record. The management has seen an increase in its sales volume during 2013. The company possesses an average financial profile marked by an
acceptable networth position. Trade relations are fair. Business is active. Payment terms are
reported as usually correct. 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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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
The current downturn
provides an opportunity to push ahead with reforms to accelerate growth, says the
latest India Development Update report released by the World Bank. The report
says that the adverse effects of rupee depreciation are likely to be offset by
the gains in the exports performance due to improved external competitiveness.
Since May this year, the local currency has depreciated substantially and fell
to a record level of Rs 68.85 to a dollar on August, 28.
A stagflation like
situation appears to have arisen as inflation jumped to an eight month high of 6.46
% for the month of September. It is up from 6.10 % in August. Growth continues
to be muted with factory output plunging to 0.6 % in August. Onion prices
have risen nearly 300 % from last September. Vegetables cost nearly 90 % more
than they did last year. Wake up to the economic contribution of slum dwellers.
They contribute more than 7.5 % to the country’s gross domestic product,
according to a recent study conducted in 50 top cities.
136000 estimated
number of jobs created during the second quarter of the current financial year.
50000 estimated number of additional jobs in the field of corporate social
responsibility in the coming years.
The International
Finance Corporation expects to come out with its rupee linked bonds issue
before the end of 2013 as a part of its plan to raise $ 1 billion. The Apple
iPhone 5c (Rs 41900 for 16 GB variant) and 5s (Rs 53500 for 16GB variant) has
been launched in India from 1st November.
The Land Acquisition
Act to provide just and fair compensation to farmers will come into force from
January 1 next year, said Rural Development Minister Jairam Ramesh. The Act
replaces a 119 year old registration. The Securities and Exchange Board of
India has approved the trading of currency futures on the Bombay Stock
Exchange. The exchange plans to launch the currency futures platform with
advanced trading technology by the end of November.
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.
INFORMATION PARTED BY
|
Name : |
Mr. Akshay Adhalrao |
|
Designation : |
Managing Director |
|
Contact No.: |
91-9820184784 |
|
Date : |
11.12.2013 |
LOCATIONS
|
Registered Office/ Factory 1 : |
3rd Floor, G-Wing, Kailash Vaibhav Complex, Park Site,
Vikhroli (West), Mumbai – 400079, Maharashtra, India |
|
Tel. No.: |
91-22-42330000/ 25181900 |
|
Mobile No.: |
91-9820184784 (Mr. Akshay Adhalrao) |
|
Fax No.: |
91-22-25181930/ 40/ 50/ 42330010/ 0020 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
14500 Sq. Ft |
|
Location : |
Owned |
|
|
|
|
Factory 2/ Branch Office 7 : |
Parth Bunglow, No C-5, Varsha Park, Near Bhairve Restaurant, Banner, Pune – 411045, Maharashtra, India |
|
Tel. No.: |
91-20-27290314/ 315 |
|
Area : |
3000 Sq. Ft |
|
Location : |
Rented |
|
|
|
|
Branch Office 1 : |
203, Corporate Plaza, Senapati Bapat Road, Shivaji Nagar, Pune – 411016,
Maharashtra, India |
|
Tel. No.: |
91-20-25631081 |
|
Fax No.: |
91-20-25638333 |
|
E-Mail : |
|
|
Area : |
1833 Sq. Ft |
|
Location : |
Owned |
|
|
|
|
Branch Office 2 : |
No. 3C-815, HRBR Layout, 1st Block, Kalyan Nagar, Bangalore - 560043, Karnataka, India |
|
Tel. No.: |
91-80-41616265/ 25424391 / 25420580 |
|
Fax No.: |
91-80-2526 5930 |
|
E-Mail : |
blr@dynaloaindia.com |
|
Area : |
1076 Sq. Ft |
|
Location : |
Rented |
|
|
|
|
Branch Office 3 : |
A-404, N.R.I. Towers, Nr. Judges Bunglow, Premchand Nagar Road, Ahmedabad – 380015, Gujarat, India |
|
Tel. No.: |
91-79-26871977 / 26872988 |
|
Fax No.: |
91-79-26870944 |
|
E-Mail : |
|
|
Area : |
1458 Sq. Ft |
|
Location : |
Owned |
|
|
|
|
Branch Office 4 : |
928, Defence Colony, Ground Floor, Post - Sainikpuri, Secunderabad - 500094, Andhra Pradesh, India |
|
Tel. No.: |
91-40-42624090 / 91 / 92 |
|
Fax No.: |
91-40-40202233 |
|
E-Mail : |
|
|
Area : |
1418 Sq. Ft |
|
Location : |
Rented |
|
|
|
|
Branch Office 5 : |
527-528, Sondatt Chambers - II, Bhikaji Cama Place, New Delhi – 110066, India |
|
Tel. No.: |
91-11-46121520 /28 |
|
Fax No.: |
91-11-46027223 |
|
E-Mail : |
|
|
Area : |
575 Sq. Ft |
|
Location : |
Rented |
|
|
|
|
Branch Office 6 : |
370, Block - K, Sahapur Colony, 1st Floor, New Alipore, Kolkata - 700063, West Bengal, India |
|
Tel. No.: |
91-33-44060937 |
|
Fax No.: |
91-33-44060908 |
|
Area : |
416 Sq. Ft |
|
Location : |
Rented |
DIRECTORS
As on: 30.09.2013
|
Name : |
Ms. Kalpana Shivaji Adhalrao |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
Flat No.2001, A, B, C, Odyssey Building No.1, 20th Floor,
Hiranandani Garden, Powai, Mumbai – 400076, Maharashtra, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
14.05.1958 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Experience : |
4 Years |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
16.11.2009 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00314861 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other
Directorship :
|
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|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Ajit Dattatray Kavishwar |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
6/ B-1, Sai Vihar (II), Karve Nagar, Pune – 411052, Maharashtra, India
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
16.12.1960 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Qualification : |
Diploma in Electronics and Radio Engineering |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Experience : |
23 Years |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
01.09.1990 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00315122 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Ms. Madhuri Akshay Adhalrao |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
Flat No.2001, A, B, C, Odyssey Building No.1, 20th Floor,
Hiranandani Garden, Powai, Mumbai – 400076, Maharashtra, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
10.03.1981 |
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|
Qualification : |
MBA |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Experience : |
7 Years |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
13.02.2006 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00315018 |
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|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Akshay Shivaji Adhalrao |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
Flat No.2001, A, B, C, Odyssey Building No.1, 20th Floor,
Hiranandani Garden, Powai, Mumbai – 400076, Maharashtra, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
11.01.1981 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Qualification : |
MBA |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Experience : |
9 Years |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
18.06.2004 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00314926 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other
Directorship :
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 30.09.2013
|
Names of Shareholders |
|
No. of Shares |
|
Adhalrao D. Shivaji |
|
2039312 |
|
Adhalrao S. Kalpana |
|
872488 |
|
Adhalrao S. Apurva |
|
10512 |
|
Adhalrao S. Akshaya |
|
11424 |
|
Adhalrao D. Shivaji (HUF) |
|
1061704 |
|
Kavishwar Ajit Dattatreya |
|
912 |
|
Mathew Alex |
|
912 |
|
Madhuri Akshay Adhalrao |
|
2736 |
|
Total |
|
4000000 |
Equity Share Break up (Percentage of Total Equity)
As on: 30.09.2013
|
Category |
|
Percentage |
|
|
|
|
|
Directors or relatives of directors |
|
99.89 |
|
Other top fifty shareholders |
|
0.11 |
|
|
|
|
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer, Trader, Distributor and Exporter Industrial Ethernet
Switches, Industrial Media Convertors, Fiber Optic convertors, Data
Acquisition Cards, Main Frame Industrial Computer, EK-V7C707 Development
Board, JTAG USB Programming Cable – make Xilinx, TWC-78-2 Twinax Cable – make
Emerson Trompeter, VD – 200 HV Cable, PVM – 5 HV Cable make North Star. |
|
|
|
|
Agencies Held : |
·
Advantech ·
Acromag ·
MOXA ·
IEI |
|
|
|
|
Exports : |
|
|
Products : |
·
IC AD1403N ·
ICS ID82C86H-5 ·
IC – ECKD3D102KBP |
|
Countries : |
·
USA ·
China ·
Israel |
|
|
|
|
Imports : |
|
|
Products : |
Industrial PC’s, Ethernet Switches, Industrial Networking Devices, CPU Cards NL 7703 lgnitron Driver S5935QF Integrated Circuit HI-1 0546 Integrated Circuit 900-4602-0000 PSU |
|
Countries : |
·
Taiwan ·
USA ·
Germany ·
China ·
Singapore ·
Israel |
|
|
|
|
Terms : |
|
|
Selling : |
L/C and Credit (30 days) |
|
|
|
|
Purchasing : |
Credit (30 days) |
PRODUCTION STATUS (As on: 31.03.2013)
|
Particulars |
Actual
Production |
|
19” Rackmount, 4U Rugged Chassis 19” Rackmount, 4U Rugged Chassis |
6 |
|
Rack Mount Rugged System Controller NC1 |
4 |
|
Rack Mount Rugged System Controller VC1 |
4 |
|
Particulars |
Actual
Production |
|
Rack Mount Ruqqed System Controller OC1 |
4 |
|
Rack Mount Rugqed System Controller BVC |
3 |
|
Wall Mount 6U LCD Chassis |
26 |
|
Rugged Data Acquisition and Control System (RDACS) |
40 |
|
LCD Display 12.1 Inch RLD 1210 |
4 |
|
24-Channel Relay Board |
36 |
|
5S12D DC-DC Converter Make : Dynalog |
6 |
|
lTL Level to RS422 Level Converter Board |
6 |
|
RS232 TO RS422 converter Make : Dynaloq |
6 |
GENERAL INFORMATION
|
Suppliers : |
· Richardson USA · Kang Da Electronics · J.P. Electronics ·
Telkoor ·
De Lorenzo ·
Adlink ·
Hartmann ·
Elecktronkia |
|||||||||||||||
|
|
|
|||||||||||||||
|
Customers : |
End Users and OEM’s · Outcome Technology Company Limited Address : Rm76, NoB, Reith Internationa1,1002 Yanhe North RD, Luohu Dist, Shenzhen 518000 China Contact: Joe Tel: +86-755-8250 1658 Fax: +86-755-8250 1848 · Actual Components Limited 17 Hamasger street, I.Z. North Natanya, Israel- 42138 Israel 972-(9)-882-1018 972-(9)-882-1026 · America II Electronics |
|||||||||||||||
|
|
|
|||||||||||||||
|
No. of Employees : |
174 (Approximately) (In Office 70) (In Branch 59) (In Factory 45) |
|||||||||||||||
|
|
|
|||||||||||||||
|
Bankers : |
The Cosmos Co-operative Bank Limited, Meera Sagar Bldg, Navroji Lane, Ghatkopar (West), Mumbai – 400079, Maharashtra, India |
|||||||||||||||
|
|
|
|||||||||||||||
|
Facilities : |
Credit Limit Rs.40.000 millions (Form The Cosmos Co-operative Bank Limited) (Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
P. C. Dholakia and Company Chartered Accountants |
|
Address : |
B-102,Kailas Esplanade, Opposite Shreyas Cinema, L. B. S. Marg,
Ghatkopar (West), Mumbai - 400086, Maharashtra, India |
|
PAN No.: |
AABPD2229H |
|
|
|
|
|
|
|
Sister Concern Companies : |
Name : Dynalog Micro-Systems Address : 207, Wooden Boxes, Mfrs. Co-operative Industrial Estate Limited, Kailash Vaibhav, Parksite, Vikhroli (West), Mumbai – 400079, Maharashtra, India Line of Business : Trading of Electronic Componenets Name : Dynalog International Address : Kailash Vaibhav, Parksite, Vikhroli (West), Mumbai – 400079, Maharashtra, India Line of Business : Trading of Electronic Components for the Export Market Name: Elmatronic
Devices Inc. Address: Kailash
Vaibhav, Parksite, Vikhroli (West), Mumbai – 400079, Maharashtra, India Line of Business: Trading
Electronic Components Name: Dynalog
Engineering Services Private Limited Address: Kailash
Vaibhav, Parksite, Vikhroli (West), Mumbai – 400079, Maharashtra, India Line of
Business: Piping Designing and Modeling Name: Paramount
Mechanics Private Limited Address: 122, Hill View
Industrial Estate, Ghatkopar (West), Mumbai – 400086, Maharashtra, India Line of
Business: Mechanical Fabrication and Enclosure Name: Semiconductor
Junction Inc Address: 3857, Schaefer
Ave, Unit C, China CA 91710, USA Line of
Business: Dealing in test and measuring Instruments, Networking equipment’s and
Computing Products. |
CAPITAL STRUCTURE
As on: 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
4000000 |
Equity Shares |
Rs.10/- each |
Rs. 40.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
4000000 |
Equity Shares |
Rs.10/- each |
Rs. 40.000
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
40.000 |
40.000 |
30.000 |
|
(b) Reserves & Surplus |
98.458 |
89.082 |
87.342 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total Shareholders’
Funds (1) + (2) |
138.458 |
129.082 |
117.342 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.306 |
0.306 |
0.407 |
|
(c) Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current Liabilities (3) |
0.306 |
0.306 |
0.407 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term
borrowings |
133.881 |
119.785 |
109.626 |
|
(b) Trade payables |
115.700 |
97.004 |
75.065 |
|
(c) Other current
liabilities |
4.584 |
4.777 |
4.803 |
|
(d) Short-term provisions |
9.600 |
4.600 |
4.200 |
|
Total Current Liabilities (4) |
263.765 |
226.166 |
193.694 |
|
|
|
|
|
|
TOTAL |
402.529 |
355.554 |
311.443 |
|
|
|
|
|
|
II. ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
43.042 |
45.113 |
42.624 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
53.612 |
52.812 |
44.932 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
18.737 |
18.736 |
18.736 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
115.391 |
116.661 |
106.292 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
77.554 |
108.548 |
81.111 |
|
(c) Trade receivables |
131.746 |
78.626 |
77.272 |
|
(d) Cash and cash
equivalents |
3.176 |
1.509 |
5.851 |
|
(e) Short-term loans
and advances |
43.205 |
21.782 |
20.782 |
|
(f) Other current
assets |
31.457 |
28.428 |
20.135 |
|
Total Current Assets |
287.138 |
238.893 |
205.151 |
|
|
|
|
|
|
TOTAL |
402.529 |
355.554 |
311.443 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
469.805 |
454.180 |
374.567 |
|
|
|
Other Income |
4.109 |
3.914 |
3.713 |
|
|
|
TOTAL (A) |
473.914 |
458.094 |
378.280 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of material consumed and changes in inventories of Work in
progress finished goods and stock in trade
|
321.789 |
307.263 |
245.781 |
|
|
|
Employee Benefit expenses |
58.166 |
51.084 |
44.910 |
|
|
|
Other Expenses |
61.241 |
66.002 |
58.470 |
|
|
|
TOTAL (B) |
441.196 |
424.349 |
349.161 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
32.718 |
33.745 |
29.119 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
11.886 |
13.092 |
10.634 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
20.832 |
20.653 |
18.485 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
6.393 |
5.456 |
4.794 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
14.439 |
15.197 |
13.691 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
5.000 |
4.600 |
4.201 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
9.439 |
10.597 |
9.490 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’
BALANCE BROUGHT FORWARD |
89.082 |
87.342 |
98.890 |
|
|
|
|
|
|
|
|
|
Less |
ADJUSTMENT
DURING THE YEAR |
0.062 |
8.857 |
21.039 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
98.459 |
89.082 |
87.342 |
|
|
|
|
|
|
|
|
|
|
Earnings/ (Loss)
Per Share (Rs.) |
2.36 |
2.65 |
3.16 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
1.99 |
2.31
|
2.51 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
3.07 |
3.35
|
3.66 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.37 |
5.35
|
5.53 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.11 |
0.12
|
0.12 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.97 |
0.93
|
0.93 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.09 |
1.06
|
1.06 |
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 |
Yes |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact person |
Yes |
|
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 |
Yes |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details (if applicable) |
Yes |
|
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] |
Date of Birth of Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
UNSECURED LOAN
(Rs.
In Millions)
|
Particulars |
As on 31.03.2013 |
As on 31.03.2012 |
|
Short term
borrowings |
|
|
|
From shareholders |
4.574 |
9.947 |
|
|
|
|
|
Total |
4.574 |
9.947 |
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10461450 |
30/10/2013 |
5,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, MIRA SAGAR 36/A, DADABHAI NAUROJI LANE, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
B90005919 |
|
2 |
10408195 |
06/02/2013 |
30,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, MIRA SAGAR 36/A, DADABHAI NAUROJI LANE, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
B69686970 |
|
3 |
10380902 |
27/09/2012 |
6,500,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, MIRA SAGAR 36/A, DADABHAI NAUROJI LANE, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
B59825281 |
|
4 |
10316672 |
22/09/2011 |
7,500,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, MIRA SAGAR 36/A, DADABHAI NAUROJI LANE, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
B24937211 |
|
5 |
10249163 |
13/09/2010 |
6,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, MEERA SAGAR, DADABHAI NAVROJI LANE, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
A97700249 |
|
6 |
10167477 |
01/07/2009 |
10,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, MEERA SAGAR, D N LANE, GHATKOPAR |
A65852345 |
|
7 |
10103007 |
24/03/2008 |
20,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
A38610382 |
|
8 |
10037962 |
31/01/2007 |
5,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKKOPAR BRANCH, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
A11017217 |
|
9 |
90235143 |
31/12/2005 |
7,500,000.00 |
COSMOS CO.OP BANK LIMITED |
GHATKOPAR WEST, MUMBAI, MAHARASHTRA, INDIA |
- |
|
10 |
80026177 |
22/09/2005 |
20,000,000.00 |
THE COPSMOS CO. OP. BANK LIMITED |
GHATKOPER, GHATKOPER (WEST), MUMBAI, MAHARASHTRA - 400087, INDIA |
- |
|
11 |
90235082 |
13/03/2007 * |
13,500,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
- |
|
12 |
90230004 |
06/09/2004 |
18,500,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR (W) BRANCH, MUMBAI, MAHARASHTRA - 400085, INDIA |
- |
|
13 |
80026178 |
29/01/2013 * |
292,280,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, MIRA SAGAR 36/A, DADABHAI NAUROJI LANE, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
B69687275 |
|
14 |
90229632 |
18/12/2000 |
20,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR (W) BRANCH, MUMBAI, MAHARASHTRA - 400086, INDIA |
- |
|
15 |
90229485 |
10/08/1999 |
2,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
DADAR (W) BRANCH, MUMBAI, MAHARASHTRA - 400028, INDIA |
- |
|
16 |
90229421 |
31/12/1998 |
2,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
DADAR (W) BRANCH, MUMBAI, MAHARASHTRA, INDIA |
- |
|
17 |
90229145 |
09/03/2007 * |
40,000,000.00 |
THE COSMOS CO-OP BANK LIMITED |
GHATKOPAR BRANCH, GHATKOPAR WEST, MUMBAI, MAHARASHTRA - 400086, INDIA |
- |
* Date of charge modification
TRADE REFERENCES
· ABB Limited - Mr. Mukut Sen
· Siemens - Mr. Anil Chaudhari - 91-22-39663824
· Larsen and Tourbo - Mr. Kamlesh Gohil – 91-22-67059538
|
Sr. No. |
Company Name |
Address |
Contact Person |
Contact Nos. |
|
1 |
Department of Atomic Energy |
1st Floor, Vikram Sarabhai Bhavan, Anushakti Nagar, Mumbai – 400094, Maharashtra, India |
Sarita Mhatre(AP0 MIC) P.P.Rode (APO EEQ) Vijay Patwardhan (APO MIA) |
91-22-25487138 91-22-2548611 91-22-25486139 |
|
2 |
Space Application Centre |
Dept. Of Space, Ambawadi Vistar P.0, Ahmedabad – 380015, Gujarat, India |
P. Remadevi (Purchase Officer) Hasmukh Mehta |
91-79-2691307 91-79-26913078 |
|
3 |
Defence Electronics Application Laboratory |
Ministry of Defence, DRDO, Raipur Road, Dehradun 248001, Uttarkhand, India |
Manish Gupta (I0) Deepak Sachan MD Yunus (Head MMG) |
91-9761483868 91-135-278908 91-135-2223216 |
|
4 |
Terminal Ballistics Research Laboratory |
Ministry of Defence, DRDO, Sector 30, Chandigarh 160030, India |
Vani Sharma (Technical Officer Lalit Prasad (Sc) Santoshrajan |
91-172-395724 91-9416024866 919417325378 |
|
5 |
Vikram Sarabhai Space Centre |
Dept. of Space, ATF area, Thiruvananthapuram – 695022, Tamilnadu, India |
Jayalekshmi S (Purchase Offer) |
91-471-256425 91-471-2565859 |
|
6 |
Naval Physical and Oceanography Laboratory |
Ministry of Defence, Thrikkakara PO Kochin 682021, Kerala, India |
A. K. Mishra (Sr. Stores Offcr) NK Viswambharan (Head MMG) |
91-484-2571323 91-484-2571309 |
|
7 |
Snow and Avalanche Study Establishment |
Ministw of Defence, Reseacrh and Development Centre, Sector 37A, Chandigarh – 160036, India |
Sanjeev Kumar Sandip Kanchu Amrik Singh (By Director) |
91- 172-2699804 Ext: 273 91-9882081557 91- 172-2699804 Ext: 308 |
|
8 |
Electronics Corporation of India |
Govt of India, Enterprise, EClL PO, Hyderabad – 500062, Andhra Pradesh, India |
Bhaskarama Shetty |
91-40-27182873 |
FIXED ASSETS:
·
Air Conditioner
·
Computer
·
Electrical Fittings
·
Furniture and Fixtures
·
Motor Car
·
Factory Premises
·
Generator
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 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 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 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] 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. 61.21 |
|
|
1 |
Rs. 100.65 |
|
Euro |
1 |
Rs. 84.15 |
INFORMATION DETAILS
|
Report Prepared
by : |
VRN / DPH |
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 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
|
|
|
|
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.