MIRA INFORM REPORT
|
Report Date : |
11.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
SRS FREIGHT MANAGEMENT LIMITED |
|
|
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|
Formerly Known
As : |
HAYTRANS (INDIA) LIMITED |
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Registered
Office : |
4th Floor, Geet Mala Building, Next to Shah Industrial
Estate, Deonar Village Road, Govandi (East), Mumbai-400088, Maharashtra |
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Country : |
India |
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|
Financials (as
on) : |
31.03.2013 |
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|
Date of
Incorporation : |
03.04.1980 |
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|
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Com. Reg. No.: |
11-022476 |
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|
Capital
Investment / Paid-up Capital : |
Rs. 7.045 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51100MH1980PLC022476 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACW0528Q |
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|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
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Line of Business
: |
Providing Logistics Services |
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|
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|
No. of Employees
: |
34 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (26) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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 |
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. R Sivaramakrishnan |
|
Designation : |
Business Head |
|
Contact No.: |
91-9952913346 |
|
Date : |
10.06.2013 |
LOCATIONS
|
Registered Office : |
4th Floor, Geet Mala Building, Next to Shah Industrial
Estate, Deonar Village Road, Govandi (East), Mumbai-400088, Maharashtra,
India |
|
Tel. No.: |
91-22-66110466 / 66110400 / 66110300 |
|
Mobile No.: |
91-9952913346 (Mr. R Sivaramakrishnan) |
|
Fax No.: |
91-22-66110419 |
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E-Mail : |
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|
Website : |
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|
Location : |
Owned |
|
|
|
|
Branch Office : |
1st Floor, Himalayas, Geetmala Complex, Off Deonar Village,
Near Shah Industrial Estate, Govandi (East), Mumbai, Maharashtra, India
No.706/707, Pragatis Devika Towers, 6 Nehru Place, New Delhi-110019,
India
103, 1st Floor, Plot No.50, Sector 08, Meridian House, Near
Hotel Shiv Grand, Gandhidham-370201, India
C/o. Transworld CFS, Bharat CFS Zone, Mundra Port and SEZ Limited,
Mundra, Kutch-370421, India
Transworld House, Flat No.19B, 1st Floor, World Trade
Avenue, Tuticorin-628004, India
C/o. Clarion solutions Private Limited, C/o. S M Marble, National
Highway 8, Kishangarh, District Aimer-305801, India
Transworld House, 5th Cross Road, Wellingdon Island,
Cochin-682003, India
372-A, Pearl House, 3rd Floor, Kashidih, Sakchi,
Jamshedpur-831001, India
Nutan Complex, 2nd Floor, Indra Nagar, Wadkhal, Mumbai-Goa
Road, Taluka-PEN
C-2, Gill Complex, N H -5, Manguli, Choudwar, Cuttack-754025, Orissa,
India
Plot No.01, 4th East Cross, Balaji Nagar Kattur,
Trichy-620019, India
Transworld House, No.2, 9th Lane, Dr. Radhakrishnan Salai,
Mylapore, Chennai-600004, Tamilnadu, India
Bhoomi Landmark (Near Khanda Colony Junction), Unit No.503, 15th
Floor, Plot No.34 and 34A, New Panvel (West), Taluka Panvel, District Raigad,
India
304, Sakar-1, Opposite Gandhigram Railway Station, Off Ashram Road, Ahmedabad,
Gujarat, India
Office No.3, Didwania Building, Near Big Shop, Didwania Bagicha,
Jharsuguda-768201, Odisha, India
Cabin No.12, 11nd Floor, Ranjan Plaza, Palam enclave, Opposite Big Bazar,
Ambala-Chandigarth Road, Zirakpur, District Mohali-140603, Punjab, India
Halco, Air and See Cargo Complex, Village Janori, Taluka-Dindori,
District Nashik, Maharashtra, India
7th Floor, Narayani Building, Centre, 27, Brabourne Road,
Kolkata-700001, West Bengal, India
S 330, 1st Floor, Shivalika Nagar, Haridwar-249403, India
413, B, 4th Floor, Minerva Complex, 94, S D Road,
Secunderabad-500003, Hyderabad, Andhra Pradesh, India
#39, Mega Avenue, Opposite RK Machine Tolls R K Road, Industrial Area,
Ludhiana-141003, Punjab, India
National Highway No 9, tarzpar Puliya, Hemratan Chamber, shop No.F-10,
District Rajkot, Gujarat, India
121/632, Shastri Nagar, Near Kalyan Bakery, Kanpur, Uttar Pradesh,
India
Unit No.503, 5th Floor, Plot No.34 and 34A, New Panvel
(West), Taluka, Panvel, District Raigad, India
2nd Floor, 6, Nazrul Sarani, Srinagar Pally, Durgapur-713213,
India
MLR Towers, Near Fly Over Bridge, Shar By Pass Road, Kolamitta,
Sullerpet-524121, India
7A, 7B, Vasundhara Building, 4th Floor, 2/7, Saral Bose
Road, Kolkata-700029, West Bengal, India
B-207, Trinity Business Park, L. P. Savani Road, Adajan, Surat-395009,
Gujarat, India
TGLS No-19, Kalapak Arcade, Unit-103, 1st Floor, Church St,
Bangalore, Karnataka, India |
DIRECTORS
AS ON 21.07.2012
|
Name : |
Mr. Ramakrishnan Sivaswamy Iyer |
|
Designation : |
Director |
|
Address : |
P o Box No.261036, Plot No.S20119, Jebel Ali Free Zone, UAE |
|
Date of Birth/Age : |
01.01.1961 |
|
Qualification : |
Graduate from Mumbai University |
|
Experience : |
25 Years of Experience in Ship owing, Chartering and Ship Management |
|
Date of Appointment : |
23.04.1980 |
|
DIN No.: |
00057637 |
|
|
|
|
Name : |
Mr. Ramnarayan Varadharajan |
|
Designation : |
Director |
|
Address : |
3, Shivkrupa Popco Housing Society, Off Yari Road, Versova, Andheri,
Mumbai-400061, Maharashtra, India |
|
Date of Birth/Age : |
22.05.1949 |
|
Qualification : |
Graduate from Mumbai University and Diploma in Business
Management |
|
Experience : |
25 Years of Experience in container shipping industry |
|
Date of Appointment : |
23.04.1980 |
|
DIN No.: |
00057717 |
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|
|
|
Name : |
Mr. Mahesh Sivaswamy |
|
Designation : |
Director |
|
Address : |
Block No.253, #04-04, Argos, The Arcadia, Arcadia Road, Singapore-289843 |
|
Date of Birth/Age : |
25.07.1967 |
|
Qualification : |
Graduate from Mumbai University |
|
Experience : |
20 Years of Experience in International Trading |
|
Date of Appointment : |
23.04.1980 |
|
DIN No.: |
0005768 |
|
|
|
|
Name : |
Capt Panthaloor Puthanveetil Radhakrishnan |
|
Designation : |
Director |
|
Address : |
Magalaya, 44, 5th Main Road, 1st Block,
Koramangala, Bangalore, Karnataka, India
|
|
Date of Birth/Age : |
10.06.1937 |
|
Qualification : |
Certificate of Competency |
|
Experience : |
He has been associated with the shipping industry for several decades
and has dealt with all facets of the shipping and shipbuiling Industry |
|
Date of Appointment : |
30.10.2007 |
|
DIN No.: |
00065636 |
|
SHREYAS RELAY SYSTEMS LIMITED |
|
|
Name : |
Mr. Ritesh Ramakrishnan |
|
Designation : |
Director |
|
Address : |
P o Box No.261036, Plot No.S20119, Jebel Ali Free Zone, UAE |
|
Date of Birth/Age : |
24.01.1987 |
|
Qualification : |
Graduate from Purdue University and BSC In Logistics and Double Minor
In Communication and Finance |
|
Experience : |
Experience in financial, commercial, operational and administrative
aspects of corporate |
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|
|
|
Name : |
Mr. Amitabha Ghosh |
|
Designation : |
Director |
|
Address : |
Flat No.32, Mehr Naz, 91, Cuff Parade, Mumbai-400005, Maharashtra,
India |
|
Date of Birth/Age : |
30.08.1930 |
|
Qualification : |
Chartered Accountant and Fellow Member of Indian Institute of Bankers |
|
Experience : |
45 years of experience in Banking |
|
|
|
|
Name : |
Mr. D T Joseph |
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Designation : |
Director |
|
Address : |
Flat No.52, 5th Floor, Jasmine Co-Operative Society,
Madhusudan Kelelkar Marg, Bandra (East), Mumbai-400051, Maharashtra, India |
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Date of Birth/Age : |
21.12.1945 |
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Qualification : |
I.A.S. |
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Experience : |
Served as Director General of Shipping |
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|
|
|
Name : |
Mr. S Ragothaman |
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Designation : |
Director |
|
Address : |
C-3, Golden Gate Apartments, New No.33, Habobullah Road, T Nagar,
Chennai-600017, Tamilnadu, India |
|
Date of Birth/Age : |
10.05.1946 |
|
Qualification : |
Chartered Accountant |
|
Experience : |
More than 35 years of experience in Banking Industry |
|
|
|
|
Name : |
Mr. Anand Krishnan |
|
Designation : |
Director |
|
Address : |
Mohammad Karani Villa (DM.31), 367-15B, ST UM, Saqeem, DM.31 |
|
Date of Birth/Age : |
25.03.1958 |
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Qualification : |
Graduate from Delhi University and post graduate from University of
United States of America |
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Experience : |
30 years of corporate experience |
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|
|
|
Name : |
Mr. Hari Padmanabhan |
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Designation : |
Director |
|
Address : |
3, Marbaba Arya, Vidya Mandir Marg, JVPD Scheme-400049, Maharashtra,
India |
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Date of Birth/Age : |
02.06.1952 |
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Qualification : |
B Tech From IIT |
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Experience : |
30 years of corporate experience |
KEY EXECUTIVES
|
Name : |
Mr. R Sivaramakrishnan |
|
Designation : |
Business Head |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 21.07.2012
|
Names of Equity Shareholders |
No. of Shares |
|
Ramakrishnan Sivaswamy |
1300 |
|
Ramnarayan Varadharajan |
1350 |
|
Mahesh Sivaswamy |
1550 |
|
Ritesh Ramakrishnan |
400 |
|
Murli Mahesh |
400 |
|
Sivaswamy Holdings Private Limited |
5000 |
|
Shreyas Relay Systems Limited |
10450 |
|
TOTAL
|
20450 |
|
Names of Preference Shareholders (Alloottees) |
No. of Shares |
|
Murli Mahesh |
975 |
|
Ritesh Ramakrishnan |
4757 |
|
Ramakrishnan Sivaswamy |
3168 |
|
Sivaswamy Holdings Private Limited |
15500 |
|
Shreyas Relay Systems Limited |
25600 |
|
TOTAL
|
50000 |
AS ON 21.07.2012
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Bodies corporate |
75.00 |
|
Directors or relatives of Directors |
25.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing Logistics Services |
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Terms : |
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Selling : |
Credit (30 Days) |
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Purchasing : |
Credit (30 Days) |
GENERAL INFORMATION
|
Customers : |
Others |
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No. of Employees : |
34 (Approximately) |
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Bankers : |
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Facilities : |
Cash Credit Limit Rs. 30.000 Millions
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
K L Murty and Company Chartered Accountant |
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Address : |
3/7/14-A, Navjivan Commercial Society, Dr. Dadasahed Bahdkamkar Marg,
Mumbai-400008, Maharashtra, India |
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Tel. No.: |
91-22-23097434 |
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E-Mail : |
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Parent Company : |
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Associates : |
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CAPITAL STRUCTURE
AS ON 31.03.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
25000 |
Equity Shares |
Rs.100/- each |
Rs. 2.500 Millions |
|
50000 |
Preference Shares |
Rs.100/- each |
Rs. 5.000 Millions |
|
|
TOTAL |
|
Rs. 7.500
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20450 |
Equity Shares |
Rs.100/-
each |
Rs. 2.045
Millions |
|
50000 |
Preference Shares |
Rs.100/- each |
Rs. 5.000 Millions |
|
|
TOTAL |
|
Rs. 7.045 Millions |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
7.045 |
2.045 |
2.045 |
|
|
2] Share Application Money |
0.000 |
25.000 |
25.000 |
|
|
3] Reserves & Surplus |
(5.635) |
(20.284) |
(22.735) |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
1.410 |
6.761 |
4.310 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
3.598 |
5.663 |
10.221 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
3.598 |
5.663 |
10.221 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
5.008 |
12.424 |
14.531 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.842 |
0.452 |
0.359 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.185 |
0.185 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
0.000 |
0.000 |
|
|
Sundry Debtors |
39.793
|
19.074 |
14.611 |
|
|
Cash & Bank Balances |
0.687
|
0.627 |
0.829 |
|
|
Other Current Assets |
13.091
|
8.062 |
16.197 |
|
|
Loans & Advances |
0.000
|
0.000 |
0.000 |
|
Total
Current Assets |
53.571
|
27.763 |
31.637 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
45.810
|
13.460 |
10.875 |
|
|
Other Current Liabilities |
2.875
|
1.657 |
5.399 |
|
|
Provisions |
0.720
|
0.859 |
1.376 |
|
Total
Current Liabilities |
49.405
|
15.976 |
17.650 |
|
|
Net Current Assets |
4.166
|
11.787 |
13.987 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
5.008 |
12.424 |
14.531 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
179.276 |
136.095 |
142.314 |
|
|
|
Other Income |
0.303 |
0.917 |
6.522 |
|
|
|
TOTAL (A) |
179.579 |
137.012 |
148.836 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Operation Cost |
165.661 |
120.033 |
126.954 |
|
|
|
Employee Benefit Expenses |
10.722 |
7.480 |
6.562 |
|
|
|
Other Expenses |
7.249 |
5.306 |
4.629 |
|
|
|
Exceptional Items |
0.000 |
0.000 |
0.464 |
|
|
|
TOTAL (B) |
183.632 |
132.819 |
138.609 |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
(4.053) |
4.193 |
10.227 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.983 |
1.476 |
1.241 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
(5.036) |
2.717 |
8.986 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.314 |
0.244 |
0.155 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
(5.350) |
2.473 |
8.831 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
0.000 |
0.022 |
0.560 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
(5.350) |
2.451 |
8.271 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
(261.65) |
119.86 |
404.44 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
(2.98)
|
1.79 |
5.56 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
(2.98)
|
1.82 |
6.21 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
(9.83)
|
8.76 |
27.60 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
(3.79)
|
0.37 |
2.05 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
2.55
|
0.84 |
2.37 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.08
|
1.74 |
1.79 |
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 |
----- |
|
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 |
ABRIDGED BALANCE
SHEET
(SHREYAS RELAY
SYSTEMS LIMTIED)
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
125.000 |
125.000 |
125.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
45.833 |
23.785 |
14.634 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
170.833 |
148.785 |
139.634 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
|
|
|
2] Unsecured Loans |
|
|
|
|
|
TOTAL BORROWING |
334.917 |
194.405 |
76.211 |
|
|
DEFERRED TAX LIABILITIES |
19.677 |
18.333 |
14.225 |
|
|
|
|
|
|
|
|
TOTAL |
525.427 |
361.523 |
230.070 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
241.982 |
239.176 |
153.022 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
18.286 |
18.286 |
15.323 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
0.000 |
0.000 |
|
|
Sundry Debtors |
362.104
|
216.835 |
111.699 |
|
|
Cash & Bank Balances |
22.350
|
73.118 |
10.490 |
|
|
Other Current Assets |
95.170
|
37.841 |
31.260 |
|
|
Loans & Advances |
23.725
|
17.533 |
29.853 |
|
Total
Current Assets |
503.349
|
345.327 |
183.302 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
178.684
|
196.779 |
97.951 |
|
|
Other Current Liabilities |
41.482
|
37.129 |
8.415 |
|
|
Provisions |
18.024
|
7.358 |
15.211 |
|
Total
Current Liabilities |
238.190
|
241.266 |
121.577 |
|
|
Net Current Assets |
265.159
|
104.061 |
61.725 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
525.427 |
361.523 |
230.070 |
|
%2011-Jun-2013_files/image001.gif){kind=small}
PROFIT & LOSS
ACCOUNT
(SHREYAS RELAY
SYSTEMS LIMTIED)
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
2690.941 |
1720.142 |
1126.275 |
|
|
|
Other Income |
1.487 |
1.730 |
6.833 |
|
|
|
TOTAL (A) |
2692.428 |
1721.872 |
1133.108 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Operating Cost |
2454.081 |
1567.277 |
1017.317 |
|
|
|
Employee Benefit Expenses |
78.555 |
47.390 |
25.241 |
|
|
|
Other Expenses |
57.085 |
38.966 |
16.258 |
|
|
|
TOTAL (B) |
2589.721 |
1653.633 |
1058.816 |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
102.707 |
68.239 |
74.292 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
28.277 |
15.307 |
4.465 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
74.430 |
52.932 |
69.827 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
23.915 |
18.800 |
9.358 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
50.515 |
34.132 |
60.469 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
17.425 |
12.215 |
17.495 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
33.090 |
21.917 |
42.974 |
|
|
|
|
|
|
|
|
|
|
Earnings / (Loss)
Per Share (Rs.) |
8.82 |
3.66 |
12.08 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
1.23
|
1.27 |
3.79 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.87
|
1.98 |
5.37 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
6.77
|
5.84 |
17.97 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.30
|
0.23 |
0.43 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
1.97
|
1.31 |
0.55 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.11
|
1.43 |
1.51 |
TRADE REFERENCES
- Kajaria
Ceramic
Address: J-1/B-1 (Ext)
Mohan Co-operative Industrial Estate, Mathhura Road, Delhi-11004, India
Contact Person: Mr. Praveen Mehta
Contact No.: 91-9717795045
- Larson
and Turbo
Address: Ranoil-391351,
District Barodara, Gujarat, India
Contact Person: Mr. Tondon
Contact No.: 91-9820315034
- Oil
Country Tubular Limited
Address: Kamineni, 3rd
Floor, King Koti, Hyderabad, Andhra Pradesh, India
Contact Person: Mr. Eshwar
Contact No.: 91-9989033636
- Reliance
Jio Infochem Limited
Address: D-1, Kurkumph,
MIDC Industrial Area, Pune, Maharashtra, India
Contact Person: Mr. Raviraj
Contact No.: 91-7738388470
- Apar
Industries Limited
Address: Corporate Park,
Chembur, Mumbai, Maharashtra, India
Unit-11, APIIC,
Building Products, SEZ, Annagi (V), Maddipadu (M)
Contact Person: Mr. Shinde
Contact No.: 91-9769909793
- Tullip
Granite
Address: Prakashamam
District, Ongole, Andhra Pradesh, India
Contact Person: Mr. Venu Gopal
Reddy
Contact No.: 91-9989931829
OVERSEAS
AGENTS
|
AGENT
NAME |
COUNTRY |
STATE |
ADDRESS |
PIC/DEPT/DSGN |
LANDLINE |
FAX |
HANDPHONE |
EMAIL |
WEB PAGE |
|
OIA Global Logistics |
USA |
CHICAGO |
621 Busse Road, Suite # 240. |
Sunil Sukhani |
630-694-0690 |
630-694-0691 |
(630) 965-1224 |
||
|
OIA Global Logistics- Warehouse |
USA |
CHICAGO |
1401 N. Wood Dale Road Wood Dale, IL 60191 |
Sunil Sukhani |
" " |
" " |
" " |
" " |
" " |
|
OIA Global Logistics |
USA |
NEWYORK |
182-83. 150th Avenue 2nd Floor
Jamaica. New York NY.11413 |
Anthony Tam / David Tam |
718 656 7608 |
718 656 7620 |
NA |
" " |
|
|
OIA Global Logistics |
USA |
SAN
FRANCISCO |
1818 Gilbreth Road, Ste.118 Burlingame, CA 94010 |
Chang Young Joo Jesse Stanton |
650.777.0949 |
NA |
NA |
Chang.Joo@oiaglobal.com |
" " |
|
OIA Global Logistics |
USA |
CALIFORNIA |
1061 S. Western Ave, 3rd Floor Torrance, CA 90501 |
Siya Sean Cristina Ugulano |
310-320-8192 |
310-320-8199 |
NA |
" " |
|
|
OIA Global Logistics |
USA |
ATLANTA |
795 Atlanta South Parkway/Suite 900/Atlanta/GA/30349 |
Enos Campbell |
+1 404 767-2243 +1 404 767-2247 |
NA |
NA |
" " |
|
|
OIA Global Logistics |
USA |
LOS ANGELES |
LAX Branch: 373 Van Ness Avenue, Torrance, CA, 90501 |
Anthony Torres |
310-618-8494 |
310-618-9841 |
NA |
" " |
|
|
Cargoways Logistics, |
CANADA |
QUEBEC |
1105 Boul. Champlain Quebec City, Quebec G1K 0A2 |
Ghislain Letendre |
418-682-0608 |
418-682-5254 |
418-576-7665 |
||
|
SAMSKIP |
BRAZIL |
SALVADOR |
|
Jefferson Boschetti |
0055-71-3014-3096 |
- |
0055-71-9142-9521 |
jefferson.boschetti@samskip.com |
|
|
TRANSALTIC LIMTIED |
ARGENTINA |
B'AIRES |
SARMIENTO, 643 , 5 PISO (C1041AAM) |
Gullermo Japas |
0054-11-4666-4229 |
0054-11-4666-8815 |
- |
g.japas@transaltic.com.ar |
|
|
Ex- Freight Zeta Inc |
CANADA |
ONTARIA |
6500, SILVER DART DRIVE, SUITE 230A, VISTA CARGO CENTRE,
MISSISIAGUA, ONTARIO, L5P 1B2 CANADA |
Mr. Ajay |
001-905-671-0686 |
001-888-746-4982 |
- |
||
|
Globaltrans
Internationale Logistik Gmbh |
GERMANY |
FRANKFURT |
D 64546
Moerfelden, Kurhessenstrasse I/II, |
Christian
Steindorf |
+49 (0) 6105
40818 0 |
+49 (0) 6105
40818 30 |
NA |
||
|
Globaltrans
Internationale Logistik Gmbh |
GERMANY |
HAMBURG |
D 20097 Hamburg
Spaldingstrasse 74 |
Michael Druegg |
+49 (0) 40
23994920 |
+49 (0) 40
64422443 |
NA |
||
|
Globaltrans Internationale
Logistik Gmbh |
GERMANY |
STUTTGART |
D 70794
Filderstadt. Echterdingerstrasse 111, |
Thorsten
Ambratis |
+49 (0) 711
70707061 |
+49 (0) 711
70708294 |
NA |
||
|
GONDRAND TRAFFIC
BV |
BELGIUM |
ROTTERDAM |
Bergambachtstraat 12 (1st floor) |
Ashna Jadoenath |
+31 10 4286449 |
+31 10 4286446 |
NA |
||
|
GONDRAND
LTD |
SWITZERLAND |
ZURICH |
CH-8058
Frachthof West, P.O. Box 179 |
Jimmi |
+41 44
800 39 39 |
+41
44 800 39 29 |
NA |
||
|
GONDRAND
UK |
UK |
LONDON |
Unit
2, Sunbury International Trading Estate |
Amanda
Hoare Brook lands Close Sunbury on Thames TW16 7DX |
+44
(0) 1932 783552 |
+44
(0) 1932 782306 |
NA |
|
|
|
GONDRAND
TRAFFIC HV |
NETHERLAND |
AMESTERDAM |
MadridStraat
8-10 1175 RK Lijnden |
Tamara
Pinjar |
020-3160315 |
020-3160310 |
31-651561096 |
||
|
GONDRAND
KFT |
HUNGARY |
BUDAPEST |
H-1158
Budapest Rákospalotai határút 2. |
Dora
Szekeres |
+36
1 414 64 44 |
+36
1 414 64 12 |
+36
30 280 8886 |
||
|
LAGERMAX
WIEN INTERNATIONALE SPEDITION GmbH |
AUSTRIA |
VIENNA |
1110
Wien / Austria, Ailecgasse 36 |
Michael
Schaffer |
+43
(0)1 760 30-2854 |
+43
(0)1 760 30-637 |
NA |
||
|
TRANSFIN SRL |
ITALY |
MILANO |
VIA POLVERIERA 14 20026 NOVATE MILANESE MI |
Sabrina Cipriani Severion Rimoldi |
+39 02 39100026 |
+ 39 02 39100097 |
+39 349 1376696 |
||
|
EUROPEAN
FREIGHT PRIVATE LIMITED |
UK |
LONDON |
Colnbrook
Cargo Centre Colnbrook, Berks SL3 0NW |
Raj
, Momita & Ashish Mathur |
2031373043 |
1753315004 |
NA |
||
|
HOLSHIP
DENMARK A/S |
DENMARK |
HOLBAEK
DK-4300 Holbaek Denmark |
Haven,
P O Box 240 |
Tina
olsen |
+ 45
59 43 46 00 |
+ 45
59 44 10 33 |
NA |
|
|
|
HOLSHIP
NORGE AS |
NORWAY |
DRAMMEN |
Stoeperigt.
7, Drammen NO-3003 Norway |
Beat
and Lindy Marshell |
00
4732 260100 |
00
4732 260101 |
NA |
|
|
|
HOLSHIP
SVERIGE AB |
SWEDEN |
KBAELGATAN |
Kabelgatan
5 Kungsbacka 43437 |
Tommy
Ilovar and Lindy Marshell |
00
46300 567990 |
00
46 300567995 |
NA |
|
|
|
HERFURTH
LOGISTICS |
BRUSSELS |
VANDECRUYS |
Terminal
727 BE-1931 Brucargo |
Guy
Vandecruys |
+32
72 751 .92.00 |
+32
2 751.75.67 |
NA |
||
|
ASTA
LOGISTIKA SRL |
SPAIN |
BARCELONA |
Aeropuerto
Barcelona(Spain) |
Ms
Maria Santos Mr
Miquel Pujol |
+34
93 298 44 88/89 |
+ 34
93 298 44 87 |
NA |
||
|
KARINICA
INTERNATIONAL TRANSPORT |
TURKEY |
ANKARA |
C/o
Ufuk Int'l Transport 1328. Sk 6/8 A.Öveçler |
Nur
Baykan |
+90
312 472 74 03 |
+90
312 472 74 10 |
NA |
||
|
ARMADA
SHIPPING LOGISTICS SERVICES AND TRADING LIMITED COMPANY |
TURKEY |
ISTANBUL |
Uzuncayir
Cad Yapi Ismerkezi B2 No.37 D.29
Hasanpasa 34722 Kadikoy Istanbul Turkey |
Sales
& Marketing Manager : Mr. Cihan Ozkal Finance &
Purchasing Manager: Mrs Emine Avci
Ozkal Sales
Executive: Mr. Oguzhan
Aydin Sales
Assist. Executive : Mr. Gokhan Aksu Documentation: Mr. Cenk Korer Operation: Mr. Cengiz Ozer Admin/front
desk: Ms. Ayse Seref |
+90
216 3269060 |
+ 90
216 3265057 |
+90
533 7673373 +90
533 4511800 |
cihanozkal@armadalogistics.com emineozkal@armadalogistics.com oguzhanaydin@armadalogistics.com gokhanaksu@armadalogistics.com cengizozer@armadalogistics.com |
|
|
DERUDDER
SA |
FRANCE |
PARIS |
EORI
n°: FR55050114200073 |
Marie-Alice
LEROUX |
(33)
235537412 |
(33)
235537497 |
NA |
||
|
Finn
Freight Oy |
FINLAND |
OSLO |
Rahtitie
1 C, 2nd floor 01530 Vantaa Finland |
Mika
Hedström |
+
358 10 322 5220 |
+
358 9 727 95091 |
NA |
|
|
|
Orion
Logistics Srl |
ROMANIA |
BUCHAREST |
6th
Primaveri Street, Bl, ST6, SP.com, 10, 900654, constanta, Romania |
Adrian
Zoga Corina
Mirela Abebei Adrian
Zoga Corina
Mirela Abebei |
40
241 66 70 27 40
241 66 70 27 |
40
241 66 70 26 40
241 66 70 26 |
0040
722 45 96 97 0040
722 45 96 97 |
adrian,zoga@orionlogistics.ro |
|
|
SAMSKIP
GMBH |
RUSSIA |
MOSCOW |
USACHEVA
STR 33 |
Natasha
Alexandrova |
007
(495) 933 3150 |
007
(495) 933 3152 |
- |
|
|
|
UNIMASTERS
LOGISTICS SRL |
ROMANIA |
OTOPENI |
1A
Drumul Garii Odai St. |
Iulia
Ivan- Ocean Freight Supervisor |
40
21 528 05 24- 27 |
40 31 438 02 22 |
40 728 819 631 |
||
|
LIBERTY
LOGISTICS LLC |
UAE |
DUBAI |
P.O.Box
8845, Dubai, United
Arab Emirates |
Anna George
Koshy Nasir
Hussian Azmat |
+
971 4 2831188 +971
4 2831166 |
+971
50 5589544 |
NA |
|
|
|
G&B
CARGO LTD. |
ISRAEL |
TEL
AVIV |
6
KERMINISKI ST KIDMAT AYALON BUILDING TEL-AVIV
67899 ISRAEL |
VIVI
BEN ZAKEN |
972
3 6257213 |
NA |
NA |
||
|
TRADE
OCEAN SHIPPING |
SAFRICA |
DURBAN |
40 Esther Roberts, Glenwood, Durban |
Julian
Roman |
0027
31 2010 620 |
NA |
NA |
||
|
UNITED
EXPRESS HOLDING COMPANY LIMITED |
CHINA |
HONGKONG |
Unit
206, 2/F Kerry Cargo Centre 55 Wing
Kei Road, Kwai Chung NT Hong Kong |
Dinny Brenda Vicky Zhang Jason
GUO |
852-2409-2232 |
852-2409-2098 |
NA |
|
|
|
UNITED
EXPRESS HOLDING (SHANGHAI) COMPANY LIMITED, |
CHINA |
SHANGHAI |
Room
1202, 12th Floor No
1611 North Sichuan Road Shanghai, China Zip:
200080 |
Johnsson
Jiang Brenda
|
86-021-63645512 |
86-021-63645513 |
NA |
|
" |
|
UNITED
EXPRESS HOLDING (SHANGHAI) COMPANY LIMITED, |
TAIWAN |
TAIPEI |
9F-2,
No 510, Sec 5 Chung-Hsiao East Road Taipei, Taiwan ROC |
Paula
Liu |
886-2-2726-3886 |
886-2-2726-3777 |
NA |
" |
|
|
UNITED
EXPRESS HOLDING (SHANGHAI) COMPANY LIMITED, |
TAIWAN |
KAOSHIUNG |
Room
E. 14F, No. 7 Su-Wei 4th Road. Kaohsiao, Taiwan R.O.C. |
Ms
Anny Lee |
886-7-537
5211 |
886-7-537
7290 |
NA |
" |
|
|
AIR
TIGER EXPRESS LIMITED |
MALAYSIA |
PENANG |
Sdn
Bhd, 28 Jalan Kenari, Taman Sungai Ara Penang 11900 Malaysia |
Raymond Jamuna Corren |
00
604 6412616 |
00
604 6411173 |
NA |
|
|
|
OIA
GLOBAL LOGISTICS |
SINGAPORE |
SINGAPORE |
04-12,
Cargo Agents Building 7 Airline Road, Singapore 819834 |
Michelle
Ang Lenus
Chiang Elamaran
Natarajan |
65-6-545-8830 |
65-6-545-8082 |
NA |
|
|
|
TAKSUMI
SHOKAI COMPANY LIMITED |
JAPAN |
TOKYO |
8-7-3-Chome.
Lidabashi Chiyoda-ku, Tokyo, Japan |
Takushi
Matsunaga Hirai |
03-3265-9311 |
NA |
NA |
|
|
|
HYUPJIN
SHIPPING COMPANY |
S.
KOREA |
BUSAN |
15F-HAESUNG
BLDG, 942, DAECHI-DONG, GANGNAM-GU, SEOUL, KOREA |
Jongsung
Park |
0082-2193
1592 |
0082-2586-0880 |
0082-10-3125-6297 |
www,hyup-jin.co.kr
|
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 records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals have
been formally charged or convicted by a competent governmental authority for
any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 57.78 |
|
|
1 |
Rs. 89.71 |
|
Euro |
1 |
Rs. 76.23 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT / TPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
-- |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
-- |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
26 |
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.