MIRA INFORM REPORT

Report Date :

26.07.2013

IDENTIFICATION DETAILS

Name :	MY HOME INDUSTRIES LIMITED (w.e.f. 03.08.2005)
Formerly Known As :	MY HOME CEMENT INDUSTRIES LIMITED (w.e.f. 26.02.1998) DEVI CEMENTS LIMITED
Registered Office :	9^th Floor, Block-3, My Home Hub, Madhapur, Hyderabad - 500081, Andhra Pradesh
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	05.09.1984
Com. Reg. No.:	01-004951
Capital Investment / Paid-up Capital :	Rs. 591.256 Millions
CIN No.: [Company Identification No.]	U26942AP1984PLC004951
TAN No.: [Tax Deduction & Collection Account No.]	HYDM01472C
PAN No.: [Permanent Account No.]	AABCM9480C
Legal Form :	A Closely held public limited liability company.
Line of Business :	Subject is engaged in the business of manufacturing and selling cement, clinker and other allied building material products.
No. of Employees :	100 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

A (67)

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 59600000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Exist
Comments :	Subject is a well established and a reputed company having fine track record. Financial position of the company appears to be sound. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments. The company can be considered normal for business dealings at usual trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – 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: “AA-”
Rating Explanation	High degree of safety and low credit risk.
Date	April 16, 2013

Rating Agency Name	CRISIL
Rating	Short term rating: “A1+”
Rating Explanation	Very strong degree of safety and lowest credit risk.
Date	April 16, 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 PARTED BY (GENERAL DETAILS)

Name :	Mr. Rameshwara
Designation :	Accounts Department
Contact No.:	91-40-66929696
Date :	23.07.2013

LOCATIONS

Registered / Corporate Office :	9^th Floor, Block-3, My Home Hub, Madhapur, Hyderabad - 500081, Andhra Pradesh, India
Tel. No.:	91- 40-66929696 / 66398686
Fax No.:	91- 40-23118000 / 66929797 / 98
E-Mail :	cs@myhomegroup.in readymix@myhomegroup.in corp@myhomegroup.in
Website :	www.myhomeindustries.com www.homegroup.in
Factory 1:	Patancheru Readymix and Brick Plant, Plot No. 56, Industrial Park, Phase-II, Patancheru, Medak District – 502319, Andhra Pradesh, India
Tel. No.:	91-8455-200043
Factory 2:	Srinagar, Mellacheruvu (Post and Mandal), Nalgonda District – 508246, Andhra Pradesh, India
Tel. No.:	91-8683-226025 / 226316
Fax No.:	91-8683-226354
Factory 3:	Mulakalapalli (V), K. Purushottapuram (P), Yellamanchili (M), Visakhapatnam District – 531055, Andhra Pradesh, India
Tel. No.:	91-8931-201010
E-mail :	myhomeprojectvizag@yahoo.com

DIRECTORS

As on 17.08.2012

Name :

Mr. Jupally Rameswar Rao

Designation :

Whole-time Director

Address :

8-2-293/82/NG/53, Plot No.53, Nandagiri Hills Co-operative Housing Society, Jubilee Hills, Hyderabad - 500033, Andhra Pradesh, India

Date of Birth/Age :

16.09.1955

Qualification :

DHMS

Experience :

27 Years

Date of Appointment :

01.06.2013

PAN No. :

ABSPJ3781A

DIN No.:

00177012

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	U67120AP1986PTC006887	J. R. REALTOR SERVICES PRIVATE LIMITED	Director	03/06/1991	03/06/1991	-	Amalgamated	NO
2	U45200AP1992PTC015115	MY HOME CONSTRUCTIONS PRIVATE LIMITED	Director	05/10/2009	10/12/1992	-	Active	NO
3	U01120AP1994PTC017162	J.B.M.GARDENS PVT LTD	Director	12/01/1995	12/01/1995	-	Active	NO
4	U45400AP1995PTC020135	MADHUBALA ENTERPRISES PRIVATE LIMITED	Director	26/04/1995	26/04/1995	-	Active	NO
5	U27109AP1995PTC020136	RANJITH INDUSTRIES PRIVATE LIMITED	Director	26/04/1995	26/04/1995	-	Active	NO
6	U45200AP1995PTC020143	VINOD REAL ESTETES PRIVATE LIMITED	Director	27/04/1995	27/04/1995	-	Amalgamated	NO
7	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Whole-time director	01/06/2013	12/06/1995	-	Active	NO
8	U24111AP1988PLC009231	ANDHRA PRADESH GAS POWER CORPORATION LIMITED	Director	16/03/2001	16/03/2001	-	Active	NO
9	U23200AP1998PTC029720	MY HOME POWER PRIVATE LIMITED	Director	13/04/2001	13/04/2001	24/05/2013	Active	NO
10	U74140AP2003PLC042017	MY HOME POWER CONSULTANCY SERVICES LIMITED	Director	06/11/2003	06/11/2003	30/06/2010	Active	NO
11	U45200AP2000PTC034861	PVR CONSTRUCTIONS PRIVATE LIMITED	Director	24/09/2005	24/09/2005	-	Active	NO
12	U74140AP2006PLC050677	MY HOME CONSULTANCY SERVICES LIMITED	Director	20/07/2006	20/07/2006	02/06/2010	Active	NO
13	U45400AP2007PTC055516	MY HOME HOLDINGS PRIVATE LIMITED	Director	13/09/2007	13/09/2007	-	Active	NO
14	L27109AP1975PLC001919	PENNAR INDUSTRIES LIMITED	Additional director	30/10/2008	30/10/2008	08/01/2009	Active	NO
15	U40102AP2008PLC061147	THEJA ENERGY LIMITED	Additional director	30/09/2009	30/09/2009	-	Amalgamated	NO
16	U45200AP2010PTC068976	JUPALLY BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	16/06/2010	16/06/2010	-	Active	NO

Name :

Mr. Jupally Ranjith Rao

Designation :

Managing Director

Address :

8-2-293/82/NG/53, Plot No.53, Nandagiri Hills Co-operative Housing Society, Jubilee Hills, Hyderabad - 500033, Andhra Pradesh, India

Date of Birth/Age :

17.06.1984

Qualification :

B.E (Mechanical and I.P.E), M.Sc. Manchester (U.K)

Experience :

4 Years

Date of Appointment :

01.04.2012

PAN No. :

AFLPJ4573K

DIN No.:

00460713

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	U70102AP2005PTC045955	22ND CENTURY INFRASTRUCTURE AND PROJECTS PRIVATE LIMITED	Director	21/04/2005	21/04/2005	-	Active	NO
2	U70102AP2005PTC046082	J.S.K. ENTERPRISES PRIVATE LIMITED	Director	02/05/2005	02/05/2005	-	Active	NO
3	U01122AP2000PTC034863	ELEGANT AGROTECH PRIVATE LIMITED	Director	27/09/2005	27/09/2005	25/09/2009	Active	NO
4	U45200AP2007PTC055464	VYATH NETRONICS PRIVATE LIMITED	Director	11/09/2007	11/09/2007	25/03/2008	Strike off	NO
5	U45400AP2007PTC055516	MY HOME HOLDINGS PRIVATE LIMITED	Director	13/09/2007	13/09/2007	-	Active	NO
6	U72200AP2007PTC055498	MY HOME INFOWAYS PRIVATE LIMITED	Director	13/09/2007	13/09/2007	-	Active	NO
7	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Managing director	01/04/2012	25/04/2008	-	Active	NO
8	U01119AP2010PTC067442	J.J.R. RESORTS PRIVATE LIMITED	Director	09/03/2010	09/03/2010	-	Active	NO
9	U27109AP1995PTC020136	RANJITH INDUSTRIES PRIVATE LIMITED	Director	11/07/2011	31/03/2011	-	Active	NO
10	U45209AP2012PTC080084	RANJITH CONSTRUCTIONS PRIVATE LIMITED	Director	02/04/2012	02/04/2012	-	Active	NO

Name :

Mr. Kenneth Mcknight

Designation :

Director

Address :

Apartment 32, The Crescent, Fortfield Square, Terenure, Dublin, Ireland – 6w

Date of Birth/Age :

24.09.1953

Date of Appointment :

04.09.2008

DIN No.:

02183183

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	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Director	04/09/2008	22/05/2008	-	Active	NO
2	U74999MH2008FTC185825	CRH INDIA MANAGEMENT SERVICES PRIVATE LIMITED	Director	13/08/2008	13/08/2008	-	Active	NO

Name :

Mr. Sambasiva Rao Sangu

Designation :

Whole-time director

Address :

Plot No.174/A, MLA Colony, Road No.12 [Extn], Banjara Hills, Hyderabad-500034, Andhra Pradesh, India

Date of Birth/Age :

15.07.1951

Qualification :

B.Com, FCA

Experience :

36 Years

Date of Appointment :

01.04.2012

PAN No. :

AFVPS6366P

DIN No.:

00228018

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	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Whole-time director	01/04/2012	07/08/1999	-	Active	NO
2	U23200AP1998PTC029720	MY HOME POWER PRIVATE LIMITED	Director	24/03/2004	24/03/2004	24/05/2013	Active	NO

Name :

Mr. Vidya Sagar Narang

Designation :

Whole-time director

Address :

Flat No.410, Vayu Block, My Home Navadweepa Apartments, Madhapur, Hyderabad-500081, Andhra Pradesh, India

Date of Birth/Age :

29.03.1944

Qualification :

B.Tech (Electrical) IIT (Kanpur)

Experience :

47 Years

Date of Appointment :

01.04.2012

PAN No. :

ABJPN7034K

DIN No.:

00240229

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	U74140AP1995PTC021621	MASTER CONSULTANCY AND PRODUCTIVITY PRIVATE LIMITED	Director	07/06/1999	07/06/1999	-	Active	NO
2	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Whole-time director	01/04/2012	07/08/1999	-	Active	NO
3	U40102AP2008PLC061147	THEJA ENERGY LIMITED	Additional director	30/09/2009	30/09/2009	-	Amalgamated	NO

Name :

Mr. John Oliver Mahon

Designation :

Director

Address :

32, Westbury Drive, Lulan, Co Dublin, Ireland.

Date of Birth/Age :

08.07.1968

Date of Appointment :

07.09.2010

DIN No.:

02716616

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	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Director	07/09/2010	10/07/2009	-	Active	NO
2	U74999MH2008FTC185825	CRH INDIA MANAGEMENT SERVICES PRIVATE LIMITED	Director	18/11/2009	18/11/2009	-	Active	NO

Name :

Mr. Vineet Kapur

Designation :

Whole-time director

Address :

Villa No. 266, Indu Fortune Fields, KPHP Colony, Opposite Hi-Tech Railway Station, Hyderabad – 500072, Andhra Pradesh, India

Date of Birth/Age :

04.10.1974

Qualification :

B. Com., ACA

Experience :

17

Date of Appointment :

01.04.2012

PAN No. :

AFNPK0299K

DIN No.:

03039473

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	U74999HR1992FLC036104	CARRIER AIRCONDITIONING AND REFRIGERATION LIMITED	Whole-time director	14/09/2010	02/06/2010	07/03/2011	Active	NO
2	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Whole-time director	01/04/2012	30/06/2011	-	Active	NO

Name :

Mr. Jupally Ramu Rao

Designation :

Whole-time director

Address :

8-2-293/82/NG/53, Plot No.53, Nandagiri Hills Co-operative Housing Society, Jubilee Hills, Hyderabad - 500033, Andhra Pradesh, India

Date of Birth/Age :

30.07.1986

Date of Appointment :

01.04.2012

PAN No. :

AFLPJ4570L

DIN No.:

00460735

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	U01119AP2005PTC045954	22ND CENTURY AGROTECH PRIVATE LIMITED	Director	21/04/2005	21/04/2005	-	Active	NO
2	U70102AP2005PTC046085	MADHUBALA RESORTS AND DEVELOPERS PRIVATE LIMITED	Director	02/05/2005	02/05/2005	-	Active	NO
3	U01122AP2000PTC034862	SPAN AGROTECH PRIVATE LIMITED	Director	26/09/2005	26/09/2005	24/09/2009	Active	NO
4	U45200AP2007PTC055464	VYATH NETRONICS PRIVATE LIMITED	Director	11/09/2007	11/09/2007	25/03/2008	Strike off	NO
5	U45400AP2007PTC055516	MY HOME HOLDINGS PRIVATE LIMITED	Director	13/09/2007	13/09/2007	-	Active	NO
6	U51909AP1995PTC020144	J.B.M. EXPORTS PRIVATE LIMITED	Director	25/03/2008	25/03/2008	-	Active	NO
7	U40102AP2008PLC061147	THEJA ENERGY LIMITED	Director	01/12/2009	22/09/2008	-	Amalgamated	NO
8	U23200AP1998PTC029720	MY HOME POWER PRIVATE LIMITED	Director	20/09/2010	23/12/2009	-	Active	NO
9	U74900AP2010PTC067495	J.R.R. EXPORTS PRIVATE LIMITED	Director	11/03/2010	11/03/2010	-	Active	NO
10	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Whole-time director	01/04/2012	03/04/2010	-	Active	NO
11	U01119AP2010PTC071075	VINOD HORTICULTURE PRIVATE LIMITED	Director	03/11/2010	03/11/2010	-	Active	NO
12	U01119AP2010PTC071073	BSR AGROS PRIVATE LIMITED	Director	03/11/2010	03/11/2010	-	Active	NO
13	U01119AP2010PTC071226	VINOD AGROTECH PRIVATE LIMITED	Director	15/11/2010	15/11/2010	-	Active	NO
14	U01119AP2010PTC071314	BSR HORTICULTURE PRIVATE LIMITED	Director	22/11/2010	22/11/2010	-	Active	NO
15	U27109AP1995PTC020136	RANJITH INDUSTRIES PRIVATE LIMITED	Director	11/07/2011	31/03/2011	-	Active	NO
16	L27109AP1975PLC001919	PENNAR INDUSTRIES LIMITED	Director	12/09/2011	22/04/2011	-	Active	NO
17	U45400AP2012PTC080083	RANJITH HOUSING AND CONSTRUCTIONS PRIVATE LIMITED	Director	02/04/2012	02/04/2012	-	Active	NO
18	U45209AP2012PTC080330	RANJITH PROPERTY DEVELOPERS PRIVATE LIMITED	Director	16/04/2012	16/04/2012	-	Active	NO

Name :

Mr. Richard Michael Cunningham

Designation :

Director

Address :

24 La Touche park, Greystones, Co Wicklow, NA, Ireland

Date of Birth/Age :

15.07.1952

Date of Appointment :

07.09.2010

DIN No.:

02585392

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	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Director	07/09/2010	23/03/2010	-	Active	NO

Name :

Mr. Parthasarathy Gopalan

Designation :

Additional director

Address :

5F Block 1 Abbutsbury Appartment, 42 C P Ramasamy Road Alwarpet, Chennai - 600018, Tamilnadu, India

Date of Birth/Age :

15.09.1968

Qualification :

ACA, PGDBA

Experience :

21 Years

Date of Appointment :

17.08.2012

PAN No. :

AAFPP1586M

DIN No.:

01769831

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	U34103TN2000PTC045537	FORD INDIA PRIVATE LIMITED	Whole-time director	16/07/2007	16/07/2007	04/06/2009	Active	NO
2	U72900MH1995PLC089765	THIRDWARE SOLUTION LIMITED	Alternate director	26/12/2008	26/12/2008	14/08/2009	Active	NO
3	U26942AP1984PLC004951	MY HOME INDUSTRIES LIMITED	Director	17/08/2012	25/08/2009	-	Active	NO
4	U40102AP2008PLC061147	THEJA ENERGY LIMITED	Additional director	30/09/2009	30/09/2009	-	Amalgamated	NO
5	U74999MH2008FTC185825	CRH India Management Services Private Limited	Director	28/09/2012	13/12/2011	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Muralidhara Rao Boyanapalli
Designation :	Secretary
Address :	Amber Block, Flat No.1107, My Home Jewel Apartments, Mdinaguda, Serilingampally Mandal, Ranga Reddy, Hyderabad – 500049, Andhra Pradesh, India
Date of Birth/Age :	21.08.1970
Date of Appointment :	04.05.2006
PAN No.:	AENPB6173N
Name :	Mr. Rameshwara
Designation :	Accounts Department

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 17.08.2012

Names of Shareholders	No. of Shares	Percentage of Holding
My Home Constructions Private Limited, India	23729974	40.13
Madhubala Enterprises Private Limited, India	3783436	6.40
Ranjith lndustries Private Limited, India	804600	1.36
J.B.M. Agros International Private Limited, India	729000	1.23
J.B.M.Gardens Private Limited, India	510811	0.87
Rameswar Rao J.	5000	0.01
CRH lndia Investments B.V., India	29562821	50.00
Total	59125642	100.00

As on 17.08.2012

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	50.00
Bodies corporate	49.99
Directors or relatives of Directors	0.01
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in the business of manufacturing and selling cement, clinker and other allied building material products.

Products :

Item Code No. (ITC Code)	Product Description
25232910	Ordinary Portland Cement
38245010	Ready Mix Concrete
68159910	Fly Ash Bricks

Terms :

Selling :

L/C, Cash and Credit

Purchasing :

L/C, Cash and Credit

PRODUCTION STATUS AS ON (31.03.2011)

Particulars	Unit	Registered Capacity	Installed Capacity	Actual Production
Mellacheruvu
Unit I	MT	825,000	825,000	615,779
Unit II	MT	1,015,000	1,015,000	692,575
Unit III	MT	1,360,000	1,360,000	936,084
Grinding unit- I	MT	1,500,000	1,500,000	798,272
Total		4,700,000	4,700,000	3,042,710

*Registered with Secretariat for Industrial Assistance, Ministry of Commerce and Industry, Government of India

**includes self consumption of cement 19,952 MT (Previous year: 18,631 MT)

GENERAL INFORMATION

Customers :

Others

No. of Employees :

100 (Approximately)

Bankers :

· State Bank of India, Corporate Accounts Group Branch-13039, "Ozone", 2^nd Floor, 6-3-669, Punjagutta Main Road, Hyderabad - 500082, Andhra Pradesh, India

Tel. No.: 91-40-23352160

Corporation Bank, No. 3-6-285, Ground Floor, Ameer Mahal Apartments, Hyderguda, Hyderabad - 500029, Andhra Pradesh, India

Andhra Bank Limited, Specialised Corporate Finance Branch, 6-3-648, Padmaja Land Mark, Somajiguda, Hyderabad - 500082, Andhra Pradesh, India

IDBI Bank Limited, IDBI Tower, Cuffe Parade, Mumbai - 400005, Maharashtra, India

Facilities :

Secured Loans	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. in Millions)
Short term borrowings
Loans repayable on demand from banks	134.382	64.537
Total	134.382	64.537

Banking Relations :	--
Auditors :
Name :	S.R. Batliboi and Associates Chartered Accountants
Address :	Plot No 18, Oval Office, Il ABS Centre, Software Units, Layout Hitee City, Madhapur, Hyderabad – 500081, Andhra Pradesh, India
PAN No. :	AABFS3421N
Associate :	· J.B.M.Gardens Private Limited, India CIN No.: U01120AP1994PTC017162 My Home Consultancy Services Limited, India CIN No.: U74140AP2006PLC050677
Joint Venture Partner :	CRH India Investments B.V., Netherlands
Group company of Joint Venture Partner :	· CRH Group Services Limited CRH Europe Materials
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives	· My Home Constructions Private Limited, India CIN No.: U45200AP1992PTC015115 My Home Properties and Services Private Limited, India CIN No.: U70102AP2007PTC055499 My Home Power Consultancy Services Limited, India CIN No.: U74140AP2003PLC042017

CAPITAL STRUCTURE

As on 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
75000000	Equity Shares	Rs. 10/- each	Rs. 750.000 Millions
1000000	Preference Shares	Rs. 100/- each	Rs. 100.000 Millions
	Total		Rs. 850.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
59125642	Equity Shares	Rs. 10/- each	Rs. 591.256 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	591.256	591.256
(b) Reserves & Surplus	14308.604	12571.914
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	14899.860	13163.170
(3) Non-Current Liabilities
(a) long-term borrowings	1314.940	1263.844
(b) Deferred tax liabilities (Net)	961.059	802.418
(c) Other long term liabilities	451.629	384.368
(d) long-term provisions	9.202	9.127
Total Non-current Liabilities (3)	2736.830	2459.757
(4) Current Liabilities
(a) Short term borrowings	134.382	64.537
(b) Trade payables	770.044	475.362
(c) Other current liabilities	984.960	703.113
(d) Short-term provisions	53.943	117.348
Total Current Liabilities (4)	1943.329	1360.360
TOTAL	19580.019	16983.287
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	12222.990	7750.494
(ii) Intangible Assets	22.893	26.398
(iii) Capital work-in-progress	381.810	2188.947
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	1593.426	1593.426
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	534.034	731.436
(e) Other Non-current assets	34.434	22.170
Total Non-Current Assets	14789.587	12312.871
(2) Current assets
(a) Current investments	2280.000	2330.000
(b) Inventories	1239.791	1095.363
(c) Trade receivables	462.734	412.249
(d) Cash and cash equivalents	349.776	383.269
(e) Short-term loans and advances	458.131	449.535
(f) Other current assets	0.000	0.000
Total Current Assets	4790.432	4670.416
TOTAL	19580.019	16983.287

SOURCES OF FUNDS		31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		591.256
2] Share Application Money		0.000
3] Reserves & Surplus		11436.298
4] (Accumulated Losses)		0.000
NETWORTH		12027.554
LOAN FUNDS
1] Secured Loans		252.545
2] Unsecured Loans		1589.614
TOTAL BORROWING		1842.159
DEFERRED TAX LIABILITIES		721.798
TOTAL		14591.511
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		7418.145
Capital work-in-progress		932.320
INVESTMENT		4541.007
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	972.774
	Sundry Debtors	335.756
	Cash & Bank Balances	459.581
	Other Current Assets	4.018
	Loans & Advances	912.271
Total Current Assets		2684.400
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	410.734
	Other Current Liabilities	495.600
	Provisions	78.027
Total Current Liabilities		984.361
Net Current Assets		1700.039
MISCELLANEOUS EXPENSES		0.000
TOTAL		14591.511

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	11327.751	9284.898	8277.244
		Other Income	214.001	211.855	80.661
		TOTAL (A)	11541.752	9496.753	8357.905
Less	EXPENSES
		Cost of materials consumed	1408.600	1418.975
		Employee benefit expense	425.854	361.922
		Other expenses	6749.638	5706.644
		Changes in inventories of finished goods, work-in-progress and stock-in-trade	(19.498)	(41.217)
		TOTAL (B)	8564.594	7446.324	6337.054
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		2977.158	2050.429	2020.851
Less	FINANCIAL EXPENSES (D)		61.527	46.657	37.467
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		2915.631	2003.772	1983.384
Less/ Add	DEPRECIATION/ AMORTISATION (F)		472.055	423.945	344.348
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		2443.576	1579.827	1639.036
Less	TAX (H)		706.886	444.211	535.253
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)		1736.690	1135.616	1103.783
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		192.851	157.235	63.452
Less	APPROPRIATIONS
		Transfer to General Reserve	1000.000	1100.000	1010.000
	BALANCE CARRIED TO THE B/S		929.541	192.851	157.235
	IMPORTS
		Stores & Spares	NA	34.999	31.595
		Capital Goods	NA	43.722	52.098
	TOTAL IMPORTS		NA	78.721	83.693
	Earnings / (Loss) Per Share (Rs.)		29.37	19.21	18.67

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	15.05	11.96	13.21
Net Profit Margin (PBT/Sales)	(%)	21.57	17.02	19.80
Return on Total Assets (PBT/Total Assets}	(%)	13.88	11.97	16.22
Return on Investment (ROI) (PBT/Networth)		0.16	0.12	0.14
Debt Equity Ratio (Total Debt/Networth)		0.10	0.10	0.15
Current Ratio (Current Asset/Current Liability)		2.47	3.43	2.73

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	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	No
18]	Major customers	No
19]	Payments terms	Yes
20]	Export / Import details (if applicable)	No
21]	Market information	-----
22]	Litigations that the firm / promoter involved in	Yes
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	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

LITIGATION DETAILS

CASE STATUS INFORMATION SYSTEM

ITTASR 1317 / 2012 ITTASR 1317 / 2012 CASE IS:PENDING

Petitioner Commissioner of income tax-TDS PET.ADV. : Ashok Subject: U/Sec. 201 Failure to deduct TDS	VS	Respondent My Home Industries Limited Resp.adv. :  District:  Hyderabad
Filing Date:  02-04-2012 Reg. Date :   null	Posting Stage :  Interlocutory Listing Date :  17-06-2013	Status   :  ---------
Hon'ble Judge(s):	Hon'ble The Chief Justice	G.Rohini

PERFORMANCE HIGHLIGHTS

The company has achieved good performance during the year, the highlights of which are as follows:

Revenue from operations (gross) has crossed Rs.1270 crores which is an increase of 21% as against growth of 13% during the previous year.

Profit after tax has gone up by 53% compared to previous year;

OPERATIONS

The company has earned profit before tax of Rs. 2443.600 millions and profit after tax of Rs.1736.700 millions for the year 2011-12 as against the profit before tax of Rs. 1579.800 millions and profit after tax of Rs. 1135.600 millions in the previous year 2010-11. The company has achieved EBITDA of Rs. 2977.200 millions during 2011-12, constituting 24 % of sales as against the EBITDA of Rs.2050.400 millions consisting 20% of sales, in the previous year. The earnings per equity share for the year under review is Rs. 29.37 as against Rs. 19.21 in the previous year.

SETTING UP OF READY MIX CONCRETE PLANT-II AT NACHARAM, HYDERABAD

Ready Mix Concrete (RMC) Plant –II setup with a capacity of 100 m3/h at Nacharam, Hyderabad, commenced commercial production with effect from 26 th February, 2012. The company has incurred about Rs. 10.80 Crores for the RMC plant up to 31^st March, 2012. The RMC Plant-II would supply ready mix concrete to the Eastern and Central Hyderabad and

Secunderabad.

SETTING UP OF UNIT-II AT VIZAG GRINDING UNIT

The Unit-II at Vizag Grinding Unit (VGU) with a capacity to produce 0.50 Million Tonnes of cement per annum at Mulakalapalli Village, Yelamanchili Mandal, Visakhapatnam District, Andhra Pradesh, commenced commercial production with effect from 23 rd March, 2012. With the commissioning of Unit-II at VGU the total installed capacity of the Company has increased from 4.7 Million Tones to 5.2 Million Tonnes of cement.

RAILWAY SIDING AT MELLACHERUVU CEMENT WORKS

The Railway siding along with coal unloading and conveyor system, cement loading system and clinker loading system at Mellacheruvu Cement Works (MCW) was completed and put to use with effect from 23^rd March, 2012. The railway siding at VGU had become operational during the year 2011-12. With both railway sidings at Mellacheruvu and VGU, the logistic networking has substantially improved. Now, the clinker can be transported by rail from Mellacheruvu to VGU at cheaper cost and further enables easier and comfortable movement of clinker. In addition, the railway sidings will boost the despatches from Mellacheruvu Cement Works and VGU and helps in substantial saving in the freight charges.

60 MW CAPTIVE POWER PLANT (CPP-II) AT MELLACHERUVU CEMENT WORKS

The 60 MW Captive Power Plant (CPP-II) at Mellacheruvu Cement Works, Nalgonda District has been synchronized and started generation of power with effect from 31 st March, 2012.

ALTERNATE FUEL PROJECT AT MELLACHERUVU CEMENT WORKS

The alternate fuels project set up at Mellacheruvu Cement Works commenced its operations on 10^th April, 2012 by firing organic liquid waste of pharma industry in the Unit - III Kiln as a substitute to coal. Installation of firing system for Unit - II Kiln is under progress and is expected to be completed during July, 2012.

OUTLOOK FOR CEMENT INDUSTRY

Cement production capacity of major plants in the country as on 31.03.2012 was 329 Million tonnes. Approximately 15 Million tonnes of new capacity is likely to go on stream during 2012-13. Total cement capacity in South India has reached to 96.6 Million tonnes as on 31.03.2012. Growth in cement production capacity has been far in excess of cement demand. The overall outlook for the cement industry in 2012-13 is likely to be subdued, with low capacity utilization followed by lower margins. Considering that the Government is now planning to take new initiative for infrastructure and housing development, the cement demand over next 2 to 3 years is expected to be in the range of 7% to 8% per annum. As the company has stabilized its markets in the State of Orissa and some parts of Eastern India, the company is expected to achieve reasonable growth.

UNSECURED LOANS

Particulars	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. In Millions)
Long term borrowings
Deferred sales tax loan	1314.940	1263.844
Total	1314.940	1263.844

FIXED ASSETS

¯ Tangible Assets

Land

Buildings

Factory Equipments

Other plant and Equipment

Furniture and Fixtures

Vehicles

Other Equipments

Factory Building

Other Building

Office Equipment

Other Equipments

¯ Intangible Assets

Computer Software

PRESS RELEASE

NEWS ROUNDUP: IRISH CEMENT MAJOR LIKELY TO BAG SHRIRAM GROUP CEMENT BUSINESS

Wednesday, July 24, 2013

The deal is likely to be announced soon and CRH Plc is set to buy the target through its joint venture partner MyHome Industries Limited, an AP-based cement manufacturing company.

Ireland-headquartered cement maker CRH Plc may acquire Sree JayaJothi Cements, the cement arm of the $9-billion Shriram Group. The deal is likely to be announced soon and CRH Plc is set to buy the target through its joint venture partner MyHome Industries Limited, an AP-based cement manufacturing company. The enterprise value of Sree JayaJothi Cements has been pegged at around INR 1,500 crore ($251.41 million).  

GDF Suez eyes Hyderabad power plant, marks return of foreign interest in power sector: French energy giant GDF Suez is close to buying a power plant owned by a little-known Hyderabad-based company, signalling revived foreign interest in Indian power firms after a long hiatus. The company is in advanced stages of buying a 900 mw coastal power plant owned by Meenakshi Energy. Three people close to the development said Meenakshi signed a binding agreement with GDF Suez a couple of weeks ago. GDF may pay about $200 million (INR 1,191 crore) for the plant.

Utkal Alumina plans to raise up to INR 20 bn in bonds: Utkal Alumina International Ltd (UAIL), a unit of Hindalco Industries, plans to raise up to INR 2,000 crore ($335.8 million) via sale of 10-year bonds. The firm intends to sell floating rate bonds benchmarked to the SBI base rate, which stands at 9.70%. The proceeds from the bond sale would be used to partly refinance existing term debt. The bonds have been guaranteed by the parent company.

Saraswat Co-operative looking to acquire Pune-based bank: Saraswat Co-operative Bank is planning to acquire Pune based bank. So far, the company has acquired eight loss-making urban co-operative banks, including Maratha Mandir Co-operative Bank, Mandvi Co-operative Bank, Nashik Peoples Co-operative Bank and South Indian Co-operative Bank. Currently, SCB has 242 branches and 168 ATMs spread across six States — Maharashtra, Gujarat, Madhya Pradesh, Karnataka, Goa and Delhi.  

Tata Technologies may buy more firms to tap new markets: Tata Technologies Limited, which provides design and engineering services to automobile and aviation companies, is planning to acquire more companies over four years to tap new markets. The company would continue to look at potential acquisitions in the size of $35-50 million to support growth. The company, which provides services to companies including Tata Motors, Jaguar Land Rover, Boeing and Airbus has about $143 million (INR 852 crore) in cash. The firm would acquire companies to enter new markets such as China and Australia where it does not have a presence, expand its aviation business and add new technologies. In April, the company bought US-based engineering services company Cambric Corp. for $32.5 million.

Promoters plans for stake sale in Best Eastern Hotels: Dilip V. Kothari and on behalf of Vandeep Holdings LLP and Mrs. Neelam D. Kothari, a part of the promoter group of Best Eastern Hotels Limited are planning to sell 1.2 million equity shares or 14.60% stake in the company exclusively through the seller's broker on the separate window provided by the BSE Limited Kotak Securities Limited is appointed as the manager to the issue. The Sale shall take place at 9:15 AM and shall close on the same date at 03:30 PM.

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 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 Declration :

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.58.94
UK Pound	1	Rs.90.48
Euro	1	Rs.77.87

INFORMATION DETAILS

Information Gathered by :	PLK
Report Prepared by :	MRI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	8
PAID-UP CAPITAL	1~10	8
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	7
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	8
--CREDIT LINES	1~10	8
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	YES
--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
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		67

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

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.