MIRA INFORM REPORT

Report Date :

01.07.2013

IDENTIFICATION DETAILS

Name :	CRYSTAL CROP PROTECTION PRIVATE LIMITED
Formerly Known As :	JAI BHARAT CROP CHEMICAL PRIVATE LIMITED
Registered Office :	GI-17, Industrial Area, G T Karnal Road, Azadpur, Delhi - 110033
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	13.07.1994
Com. Reg. No.:	55-060206
Capital Investment / Paid-up Capital :	Rs. 81.386 Millions
CIN No.: [Company Identification No.]	U01403DL1994PTC060206
TAN No.: [Tax Deduction & Collection Account No.]	DELJ04230C
PAN No.: [Permanent Account No.]	AABCJ3574J
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturing and Reselling of various types of Pesticides and Fertilizers.
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

Ba (48)

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

Maximum Credit Limit :	USD 9159000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is a part of ‘Crystal Group’. It is a well established company having a satisfactory track record. The latest financials are not available. As per the financial of 2011, the company performance seems to be good. Financially position appears strong. Trade relations are reported to be 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 condition.

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 31^st, 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

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long term rating : (CRISIL) A
Rating Explanation	Having adequate degree of safety regarding timely servicing of financial obligation it carry low credit risk.
Date	June 2013

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 DECLINED BY

Name :	Mr. Prabhat
Designation :	Finance Department
Contact No.:	91-11-27006800/ 1434
Date :	29.06.2013

LOCATIONS

Registered/ Corporate Office :	GI-17, Industrial Area, G T Karnal Road, Azadpur, Delhi – 110033, India
Tel. No.:	91-11-27006800/ 1434/ 27118881
Fax No.:	91-11-27118885
E-Mail :	cs@crystalcrop.com info@crystalcrop.com jbcl02@yahoo.in
Website :	http://www.crystalcropprotection.com
Factory :	Lane 3, (C), Phase – II, SIDCO Industrial Complex, Bari-Brahmana, Jammu – 181133, Jammu and Kashmir, India
Tel No.:	91-1923-220977/ 978
Branch Offices :	Located at: v Secunderabad v Vijayawada v Nellore v Guwahati v Patna v Raipur v Ahmedabad v Hissar v Karnal v Bellary v Indore v Akola v Bhubaneswar v Ludhiana v Bathinda v Jaipur v Coimbatore v Kolkata v Silliguri v Ghaziabad v Lucknow v Uttarakhand

DIRECTORS

AS ON 25.09.2012

Name :

Mr. Ankur Aggarwal

Designation :

Managing director

Address :

A-88, Ashok Vihar, Phase-1, Delhi – 110052, India

Date of Birth/Age :

07.08.1982

Qualification :

M. Sc

Experience :

6 Years

Date of Appointment :

01.10.2011

PAN No.:

AETPA8287Q

DIN No.:

00074325

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	U01403DL1997PLC135852	CRYSTAL PHOSPHATES LIMITED	Managing director	10/02/2009	01/10/2004	-	Amalgamated	NO
2	U24117DL2005PTC134587	AVIRAL CHEMICALS PRIVATE LIMITED	Director	31/03/2005	31/03/2005	05/12/2007	Active	NO
3	U01403DL2009PTC187000	REDSON AGRISCIENCE PRIVATE LIMITED	Director	28/01/2009	28/01/2009	-	Active	NO
4	U18204KA2009PTC051872	TOONZ RETAIL INDIA PRIVATE LIMITED	Director	06/08/2010	06/08/2010	-	Active	NO
5	U74996DL2006PTC149795	VMP AGRO BIOTECH PRIVATE LIMITED	Director	15/09/2011	05/12/2010	-	Active	NO
6	U93000DL2010NPL211237	KRISHI ANUSANDHAN AND KISAN VIKAS FOUNDATION	Director	09/12/2010	09/12/2010	-	Active	NO
7	U01403DL1994PTC060206	CRYSTAL CROP PROTECTION PRIVATE LIMITED	Managing director	01/10/2011	29/08/2011	-	Active	NO
8	U01403AP2010PTC070549	ROHINI AGRISEEDS PRIVATE LIMITED	Director	28/09/2011	28/09/2011	-	Active	NO
9	U01403AP2009PTC065824	ROHINI BIOSEEDS AND AGRITECH PRIVATE LIMITED	Director	28/09/2011	28/09/2011	-	Active	NO
10	U01122AP2001PTC038131	ROHINI SEEDS PRIVATE LIMITED	Director	28/09/2011	28/09/2011	-	Active	NO

Name :

Mr. Nand Kishore Aggarwal

Designation :

Director

Address :

A-88, Ashok Vihar, Phase-1, Delhi – 110052, India

Date of Birth/Age :

01.11.1951

Qualification :

B. Sc

Experience :

36 Years

Date of Appointment :

30.09.2011

PAN No.:

AAEPA7339N

DIN No.:

00074107

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	U74899DL1983PLC015451	JAI SHREE AGRO INDUSTRIES LIMITED	Director	01/12/1990	01/12/1990	-	Amalgamated	NO
2	U74899DL1994PTC060049	JAI SHREE CROP SCIENCE PRIVATE LIMITED	Director	06/07/1994	06/07/1994	16/02/2009	Active	NO
3	U01403DL1997PLC135852	CRYSTAL PHOSPHATES LIMITED	Whole-time director	10/02/2009	01/11/2003	-	Amalgamated	NO
4	U24117DL2005PTC134587	AVIRAL CHEMICALS PRIVATE LIMITED	Director	31/03/2005	31/03/2005	05/12/2007	Active	NO
5	U24100DL2009PTC186999	REDSON POLYMERS AND CHEMICALS PRIVATE LIMITED	Director	28/01/2009	28/01/2009	-	Active	NO
6	U24211DL1970NPL005200	CROP CARE FEDERATION OF INDIA	Director	05/12/2009	05/12/2009	-	Active	NO
7	U01403DL2006PTC151429	RAJ RATAN AGROTECH PRIVATE LIMITED	Director	15/09/2011	05/12/2010	25/06/2013	Active	NO
8	U93000DL2010NPL211237	KRISHI ANUSANDHAN AND KISAN VIKAS FOUNDATION	Director	09/12/2010	09/12/2010	-	Active	NO
9	U01403DL1994PTC060206	CRYSTAL CROP PROTECTION PRIVATE LIMITED	Director	30/09/2011	29/08/2011	-	Active	NO

Name :

Mr. Mahender Singh Malik

Designation :

Director

Address :

Flat No. 24, Mew Model Apartment, Sector – 13, Rohini, Delhi – 110085, India

Date of Birth/Age :

05.02.1958

Date of Appointment :

30.09.2011

PAN No.:

ADGPM5570N

DIN No.:

00074220

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	U01403DL1997PLC135852	CRYSTAL PHOSPHATES LIMITED	Whole-time director	10/02/2009	12/01/1998	Amalgamated	NO
2	U01403DL1994PTC060206	CRYSTAL CROP PROTECTION PRIVATE LIMITED	Director	30/09/2011	29/08/2011	Active	NO

Name :

Mr. Joginder Singh

Designation :

Director

Address :

Flat No. 124, Nav Sansad Group, Housing Society, Plot No. 4, Sector 22, Dwarka Phase 1, New Delhi – 110045, India

Date of Birth/Age :

12.10.1939

Date of Appointment :

30.09.2011

DIN No.:

00836395

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	L24302DL1973PLC189662	SUNIL HEALTHCARE LIMITED	Director	29/01/2000	29/01/2000	-	Active	NO
2	U92111WB1994PLC065621	RAINBOW PRODUCTIONS LIMITED	Director	02/07/2001	02/07/2001	18/01/2005	Active	NO
3	U74899DL1997PLC087473	CMYK PRINTECH LIMITED	Director	28/12/2001	28/12/2001	-	Active	NO
4	U74920MH1982PLC027283	TOPS SECURITY LIMITED	Director	01/01/2004	01/01/2004	-	Active	NO
5	L51909DL1983PLC016907	BLS INTERNATIONAL SERVICES LIMITED	Director	15/03/2005	15/03/2005	22/09/2010	Active	NO
6	U74140DL2002PLC117853	WORLDWIDE IMMIGRATION CONSULTANCY SERVICES LIMITED	Director	30/09/2009	31/01/2009	-	Active	NO
7	U01403DL1997PLC135852	CRYSTAL PHOSPHATES LIMITED	Director	29/09/2009	16/02/2009	-	Amalgamated	NO
8	U01403DL1994PTC060206	CRYSTAL CROP PROTECTION PRIVATE LIMITED	Director	30/09/2011	29/08/2011	-	Active	NO

Name :

Mr. Arvind Kumar Tyagi

Designation :

Director

Address :

V.P.O. Bayampur, Sonepet – 131001, Haryana, India

Date of Birth/Age :

23.06.1966

Date of Appointment :

30.09.2011

PAN No.:

AHBPT6004F

DIN No.:

01993914

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	U01403DL1997PLC135852	CRYSTAL PHOSPHATES LIMITED	Whole-time director	10/02/2009	15/12/2007	Amalgamated	NO
2	U01403DL1994PTC060206	CRYSTAL CROP PROTECTION PRIVATE LIMITED	Director	30/09/2011	29/08/2011	Active	NO

Name :

Mr. Dhanpal Arvind Jhaveri

Designation :

Director

Address :

2, Sumangal, 13 Ridge Road, Malbar Hill, Mumbai – 400006, Maharashtra, India

Date of Birth/Age :

20.12.1968

Date of Appointment :

19.12.2011

DIN No.:

02018124

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	L52602MH1996PLC192090	FUTURE VENTURES INDIA LIMITED	Director	30/09/2008	28/01/2008	19/02/2010	Active	NO
2	L29120MH2005PLC156795	CAPITAL FIRST LIMITED	Whole-time director	14/08/2008	20/02/2008	06/04/2010	Active	NO
3	U65933MH1991PLC192261	ULTIMATE INVESTOFIN LIMITED	Director	22/07/2008	15/05/2008	03/05/2010	Active	NO
4	U74999MH2003PTC139774	INVENT ASSETS SECURITISATION AND RECONSTRUCTION PRIVATE LIMITED	Director	24/09/2008	11/07/2008	23/04/2010	Active	NO
5	L65990MH1977PLC019986	CENTRUM CAPITAL LIMITED	Director	29/12/2008	16/07/2008	-	Active	NO
6	U65921MH1996PLC191973	FUTURE CAPITAL CREDIT LIMITED	Director	30/07/2009	12/11/2008	-	Amalgamated	NO
7	U67190MH2004PLC150329	CAPITAL FIRST INVESTMENT ADVISORY LIMITED	Director	03/08/2009	20/06/2009	03/05/2010	Active	NO
8	U40109DL2006PLC151871	TEESTAVALLEY POWER TRANSMISSION LIMITED	Nominee director	01/09/2010	08/03/2010	-	Active	NO
9	U45200MH1962PLC012268	B E BILLIMORIA AND COMPANY LIMITED	Director appointed in casual vacancy	02/06/2010	02/06/2010	-	Active	NO
10	U67190MH2008PTC179546	EVERSTONE CAPITAL ADVISORS PRIVATE LIMITED	Whole-time director	06/09/2011	10/06/2010	-	Active	NO
11	U55209MH2006PTC161530	PAN INDIA FOOD SOLUTIONS PRIVATE LIMITED	Director	29/09/2010	04/08/2010	-	Active	NO
12	U74900MH2009PTC192339	MANGALAM STAFFING SERVICES PRIVATE LIMITED	Director	30/09/2010	09/08/2010	-	Active	NO
13	U67190MH2007PTC173163	AYATI INVESTMENT ADVISORS PRIVATE LIMITED	Director	30/09/2010	09/08/2010	-	Active	NO
14	U40108AP2010FTC069648	INDUS CLEAN ENERGY (INDIA) PRIVATE LIMITED	Director	14/06/2011	14/08/2010	-	Active	NO
15	U40105AP2007PTC058753	EAST COAST ENERGY PRIVATE LIMITED	Nominee director	10/06/2011	16/08/2010	-	Active	NO
16	U51909WB2009PTC136998	INDOSTAR CAPITAL FINANCE PRIVATE LIMITED	Director	23/09/2011	02/09/2010	-	Active	NO
17	U31200DL2005PLC133875	TEESTA URJA LIMITED	Nominee director	08/08/2011	13/12/2010	-	Active	NO
18	U40108AP2010PTC069348	INDUS HYDRO POWER (INDIA) PRIVATE LIMITED	Director	09/06/2011	09/06/2011	-	Active	NO
19	U85110AP1998PTC030229	RAVINDRANATH GE MEDICAL ASSOCIATES PRIVATE LIMITED	Nominee director	01/07/2011	01/07/2011	-	Active	NO
20	U01403DL1994PTC060206	CRYSTAL CROP PROTECTION PRIVATE LIMITED	Director	19/12/2011	19/12/2011	-	Active	NO
21	U40300AP2008PTC058520	COBALT POWER PRIVATE LIMITED	Alternate director	05/06/2012	31/03/2012	05/07/2012	Active	NO
22	U67100MH2013PTC240676	INDOSTAR ASSET ADVISORY PRIVATE LIMITED	Additional director	05/03/2013	05/03/2013	-	Active	NO
23	U70102MH2013PTC243281	EVEROCK REAL ESTATE PRIVATE LIMITED	Director	13/05/2013	13/05/2013	-	Active	NO
24	U70100MH2013PTC243824	EVEROCK REALTY PRIVATE LIMITED	Director	30/05/2013	30/05/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Prabhat
Designation :	Finance Department
Name :	Mr. Deepak Kumar
Designation :	Secretary
Date of Appointment :	01.11.2011
PAN No.:	ATXPK0221H

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 25.09.2012

Names of Shareholders	No. of Shares	% of Holding
Kanak Aggarwal	4726480	49.9
Nand Kishore Aggarwal	434800	4.6
Ankur Aggarwal	283600	3.0
Nand Kishore Aggarwal [HUF]	595280	6.3
Aviral Chemicals Private Limited, India	1364480	14.4
Jai Shree Crop Science Private Limited, India	563040	5.9
Komal Aggarwal	170880	1.8
Crystal Crop Protection Employee Welfare Trust, India	473673	5.0
Everstone Capital Partner II LLC, Mauritius	861224	9.1
Total	9473457	100.00

AS ON 25.09.2012

Equity Share Breakup	Percentage of Holding
Category
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]	9.10
Bodies corporate	25.30
Directors or relatives of directors	65.60
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturing and Reselling of various types of Pesticides and Fertilizers.

Products/ Services :

ITC Code No.	Product Descriptions
38081029	Pesticides and Fertilizers

PRODUCTION STATUS (AS ON 31.03.2010)

Particulars	Unit	Licensed Capacity	Installed Capacity	Actual Production
Fertilizers/ Biofertilizers	MT	NA	NA	0.000
Pesticides
Liquid	LTRS	NA	3000 KL	1690806.920
Powder, Dust and Granules [Solid]	KGS	NA	2700 MT	514960.206

GENERAL INFORMATION

No. of Employees :

Not Divulged

Bankers :

v ICICI Bank Limited, ICICI Bank Towers, NBCC Place, Bhisham Pitamah, Marg, Pragati Vihar, New Delhi - 110003, India

v The Hongkong and Shanghai Banking Corporation Limited, 25 Barakhamba Road, New Delhi - 110001, India

v Punjab National Bank, Bari Brahmana, Jammu - 180001, Jammu and Kashmir, India

v HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel [West], Mumbai – 400013, Maharashtra, India

Facilities :

Secured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
Foreign currency loans banks secured	907.789	0.000
Working capital loans banks secured	444.058	30.000
Hire purchase installment payable secured	0.642	0.663
Total	1352.489	30.663
Notes: (A) Working Capital Loan from Bank Working capital facilities are secured by hypothecation of Raw Materials, Semi Finished and Finished Goods, Stock in Progress , Consumables Stores, Book Debts & Equitable Mortgage of Land & Building & these facilities are further guaranteed by Personal Guarantee of Directors of the Company. Hire Purchase Finance Secured against Hypothecation of Vehicles and Related Equipment.

Banking Relations :	--
Auditors :
Name :	Manoj Ritu and Associates Chartered Accountants
Address :	322, Vardhman Diamond Plaza, Motia Khan, Delhi-110055, India
Tel No.:	91-11-23525322
Income-tax PAN of auditor or auditor's firm :	AAGPJ6249Q
Subsidiary Companies :	v Redson Polymers and Chemicals Private Limited [U24100DL2009PTC186999] v Redson Agriscience Private Limited [U01403DL2009PTC187000] v Raj Ratan Agro Tech Private Limited [U01403DL2006PTC151429] v VMP Bio Tech. Private Limited [U74996DL2006PTC149795]
Firm in which Relative is partner :	Modern Papers

CAPITAL STRUCTURE

AS ON 25.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
12,000,000	Equity Shares	Rs. 10/- each	Rs. 120.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
9,473,457	Equity Shares	Rs. 10/- each	Rs. 94.735 Millions

AS ON 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
12,000,000	Equity Shares	Rs. 10/- each	Rs. 120.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
8,138,560	Equity Shares	Rs. 10/- each	Rs. 81.386 Millions

Notes:

(A) 75,45,280 Equity Shares of Rs.10/-* each fully paid up 75,452,800 - {(7,32,500 Equity Share of Rs.10/- Each fully paid up held by the company in Crystal Phosphates Limited have been cancelled) (47,404 Equity Share of Rs.100/- Each Fully paid up were allotted pursuant to scheme of Amalgamation to Share holders of Crystal Phosphates Limited without payments being received in cash.) (5,000 Equity Share of Rs.100/- Each fully paid up held by Crystal Phosphates Limited in the company have been cancelled) (712,124 Equity Share of Rs.100/- Each Fully paid up were allotted as bonus shares to All Shareholders pursuant to order of H' ble High Court of Delhi in ratio of 7:1 without payments being received in cash.)} *Face value of Equity share has been splitted from Rs.100/- each to Rs.10/- each vide order of H' ble High Court of Delhi

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		81.386	5.933	5.913
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		2208.396	707.910	438.415
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		2289.782	713.843	444.328
LOAN FUNDS
1] Secured Loans		1352.489	30.663	28.951
2] Unsecured Loans		0.000	1.530	1.400
TOTAL BORROWING		1352.489	32.193	30.351
DEFERRED TAX LIABILITIES		0.000	0.336	0.287
TOTAL		3642.271	746.372	474.966
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		184.498	18.623	16.354
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		140.154	40.214	11.600
DEFERRED TAX ASSETS		6.570	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1636.139	96.229	73.793
	Sundry Debtors	1468.215	338.861	296.669
	Cash & Bank Balances	280.049	166.270	5.802
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	1078.189	227.422	190.338
Total Current Assets		4462.592	828.782	566.602
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	322.831	77.287	57.997
	Other Current Liabilities	366.286	8.287	5.858
	Provisions	462.456	55.673	55.735
Total Current Liabilities		1151.573	141.247	119.590
Net Current Assets		3311.019	687.535	447.012
MISCELLANEOUS EXPENSES		0.030	0.000	0.000
TOTAL		3642.271	746.372	474.966

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Turnover	7346.548 [Gross]	1033.668	1082.735
		Other Income	NA	31.909	64.066
		TOTAL (A)	NA	1065.577	1146.801
Less	EXPENSES
		Raw Material consumed		605.335	663.757
		Manufacturing Expenses		6.610	3.762
		Personnel Expenses		4.137	2.991
		Administrative and Selling Expenses		112.301	172.815
		Closing Stock		3.009	11.247
		TOTAL (B)	NA	731.392	854.572
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)			334.185	292.229
Less	FINANCIAL EXPENSES (D)			4.271	9.210
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		1408.913	329.914	283.019
Less/ Add	DEPRECIATION/ AMORTISATION (F)		25.258	2.425	2.656
	PROFIT BEFORE TAX (E-F) (G)		1383.655	327.489	280.363
Less	TAX (H)		437.997	57.994	64.000
	PROFIT AFTER TAX (G-H) (I)		945.658	269.495	216.363
	EARNINGS IN FOREIGN CURRENCY
		FOB Value of Exports	5.946	0.000	0.000
	IMPORTS
		Raw Materials	1980.923	0.000	0.000
		Fixed Assets	1.802	0.000	0.000
	TOTAL IMPORTS		1982.725	0.000	0.000
	Earnings Per Share (Rs.)		116.19	4542.00	3659.00

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	NA	25.29	18.87
Net Profit Margin (PBT/Sales)	(%)	NA	31.68	25.89
Return on Total Assets (PBT/Total Assets}	(%)	29.77	38.65	48.09
Return on Investment (ROI) (PBT/Networth)		0.60	0.46	0.63
Debt Equity Ratio (Total Debt/Networth)		0.59	0.05	0.07
Current Ratio (Current Asset/Current Liability)		3.88	5.87	4.74

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	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	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	No
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	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

UNSECURED LOANS

Unsecured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
Loans directors unsecured	0.000	1.530
Total	0.000	1.530

Note:

The registered office of the company has been shifted from E-909, D.S.I.D.C Industrial Area, Narela, Delhi - 110040, India to the present w.e.f.29.08.2011

AMALGAMATION OF CRYSTAL PHOSPHATES LIMITED (CPL) WITH THE CRYSTAL CROP PROTECTION PRIVATE LIMITED (CCPPL)

Crystal Phosphates Limited ('CPL') has been amalgamated with the Crystal Crop Protection Private Limited (‘CCPPL’). The Scheme of Amalgamation was sanctioned by the Hon'ble High Court of Judicature at Delhi vide Order dated August 02, 2011. The Scheme became effective on August 27, 2011, the Appointed Date of the Scheme being April 1, 2010. The amalgamation follows the Company's philosophy of creating enduring value for all its stakeholders. The amalgamation creates a platform for value-enhancing growth and reinforces the Company's position as an integrated Company. Through this amalgamation, the Company consolidates it position and the Company's product range.

OPERATIONS

During the year, the Company has scaled new heights and set several new benchmarks in terms of sales, profits, net worth and assets. Turnover for the year was Rs. 7346.548 Millions against Rs. 1137.526 Millions in the previous year.

Profit after tax for the year was Rs. 945.658 Millions as against Rs. 269.495 Millions.

The Company is one of India's largest contributors to the national exchequer primarily by way of payment of taxes and duties to various government agencies. During the year, a total of Rs. 1197.752 Millions was paid in the form of various taxes and duties.

Major share in total turnover of the Company is comes from sale of three product namely Abasin, Missile and Tribune.

FUTURE PROSPECTS

The Company has passed Special Resolution for carrying out the business of Seeds and other agricultural Project and planning to acquire a Company existing in organic and inorganic Sector and an agreement has been signed with Rohini Seeds Private Limited to start the Seeds business from the State of Andhra Pradesh.

AWARDS AND RECOGNITION

The company continues its tradition of participation in various industrial fairs and exhibitions. The Company was awarded first prize at All India Farmer’s Fair (North Zone) and Agro Industrial Exhibition organise by Sardar Vallabhbhai Patel University of Agriculture and Technology, Merrut. The Company was also recognised and awarded First Prize among pesticides and bio-pesticides in the All India Farmers Fair and Agro Industrial Exhibition, 2010 held at G.B pant University of Agriculture and Technology, Pantnagar, Uttarakhand and the Company is also awarded second prize from Punjab Agricultural University, Ludhiana.

BANKERS CHARGES REPORT AS PER REGISTRY

Corporate identity number of the company	U01403DL1994PTC060206
Name of the company	CRYSTAL CROP PROTECTION PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	GI-17, Industrial Area, G T Karnal Road, Azadpur, Delhi – 110033, India Email: cs@crystalcrop.com
This form is for	Modification of charge
Charge identification number of the modified	10307690
Type of charge	Immovable property
Particular of charge holder	HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel [West], Mumbai – 400013, Maharashtra, India Email: adeesh.jain@hdfcbank.com CIN No.: L65920MH1994PLC080618
Nature of description of the instrument creating or modifying the charge	Memorandum of Entry executed by SBI
Date of instrument Creating the charge	13.03.2013
Amount secured by the charge	Rs. 300.000 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest As agreed between HDFC Bank and Crystal Crop Protection Private Limited from time to time. Terms of Repayment CC/ WCDL: On demand LC/ Buyers Credit: 180 days Margin CC/ WCDL: 25% on stock and Book Debts LC/ Buyers Credit: 5% cash margin Extent and Operation of the charge First Pari Passu charge over immovable fixed assets of the company.
Short particulars of the property charged	Factory Land and Building at Khasra No. 16/6/3/2, 15/1/2, 16/1/2, Village Nathupur, Sonepat, Haryana. Property at GI 17, Industrial Area, G T Karnal Road, Azadpur, Delhi 33. Godown at Plot No. 3, Punjab Oil Expeller Complex, Industrial Area, Meerut Road, Ghaziabad Commercial Property at SCO- 70, 71 and 72, Anaj Mandi, Gill Road, Ludhiana Property at Khewat No 321, Khata No 395, Kila No 8/21/19/25/2/2, Village Nathupur, Tehsil Sonepat, Haryana
Particulars of the present modification	Charge is being further modified for WCDL of Rs.300.000 Millions as per memorandum of entry provided by SBI dated 13-3-2013 for creation of pari passu charge by way of deposit of title deeds in respect of the company's immovable properties more specifically mentioned in Para 15 with the existing charge ( Date of deposit 27-07-2012)

CONTINGENT LIABILITIES:

Particulars	31.03.2011	31.03.2010
	(Rs. in Millions)
Bank Guarantees and L/Cs’ Outstanding	26.300	32.400
Corporate Guarantee	18.700	18.400
Commissioner Excise - Jammu	18.171	18.171

FIXED ASSETS:

v Land

v Office building

v Factory building

v Plant and machinery

v Office equipments

v Factory equipments

v Computer equipments

v Furniture and fixtures

v Vehicles

v Computer software

CMT REPORT (Corruption, Money Laundering & Terrorism]

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

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 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. 59.70
UK Pound	1	Rs. 91.14
Euro	1	Rs. 77.98

INFORMATION DETAILS

Information Gathered by :	PDT
Report Prepared by :	BVA

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	6
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--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	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTERS
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		48

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.