MIRA
INFORM REPORT
|
Report Date : |
01.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
HIND RECTIFIERS
LIMITED |
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|
Registered
Office : |
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Country : |
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Financials (as
on) : |
31.03.2014 |
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Date of
Incorporation : |
25.04.1958 |
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Com. Reg. No.: |
11-011077 |
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Capital
Investment / Paid-up Capital : |
Rs.30.116
millions |
|
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|
CIN No.: [Company Identification
No.] |
L28900MH1958PLC011077 |
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|
Legal Form : |
Public Limited Liability Company. The Company’s Shares are Listed on
the Stock Exchanges. |
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Line of Business
: |
Subject is engaged in designing and manufacturing of power
semiconductor devices, power electronic equipments and railway transportation
equipments. |
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No. of Employees
: |
Information declined by the Management. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 2622000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Exist |
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Comments : |
Subject is a well-established company having satisfactory track. The company has seen a deterioration in its financial profile marked by
adequate networth base along with high working capital intensity of
operations on account of high receivables position. Management has witnessed a dip in its sales volume and has incurred a
loss from its operations during FYE 14 as a result of concentration of sales
towards Indian Railways which has muted demand and inability to reduce
operating costs. The ratings also take into consideration the intense competitive
pressures faced by the subject from both domestic as well as MNC’s. However, trade relations seem to be fair. Business is active. Payment
terms are reported as usually correct. In view of established track record and its technical collaboration
with a foreign major, the company can be considered 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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
NEWS
As per the latest IMF study, the total weigh of emerging markets in the
GDP of the world on a purchasing power parity basis has seen a sizeable shift. It
highlights how as against 51 % in 2005, the emerging economies now account for
close to 56 % of the global purchasing power GDP as per the latest survey. And
with the emerging economies growing at a faster rate than their developed
counterparts, there are every possibility that the share goes up further in the
coming years. China may surpass the US over the next few years.
Politics and economics are very intricately connected. They tend to
influence each other in ways that could be very complex and far-reaching. The
prospects of the India’s economy have been seriously compromised due to
political corruption. High inflation, poor standard of living are to a great
extent a result of rampant corruption in the country. China on the other hand,
seems to be facing diametrically opposite challenge. American hedge fund
manager Jim Chanos has been keenly following the political and economic
development in the dragon economy and has figured out something that is quite
worrying. He is of the view that the Chinese economy could be heading toward
trouble on account of new Chinese President Xi Jingping’s very aggressive
anti-corruption drive. Chanos believes that many things such as apartment
sales, luxury products, etc. were largely bought with dirty money. And it is now
beginning to impact consumption. This may indeed be bad news for an economy
that is struggling to transition from an investment-driven export-oriented
economy to a domestic consumption-driven economy.
A study published by Firstpost has revealed that asset classes like real
estate and equities were the biggest beneficiaries of the liberalization
policies. A firm called Ciane Analytics studied returns from assets
including equities, gold, fixed deposits, G-Secs and real estate since 1991.
Real estate outperformed every other asset classes during the 23-year period
with an annualized return of 20%! Equities came in second with annualized
return of 15.5%! However, while these returns may seem mouthwatering, the fact
is that the return from equities adjusted for inflation came down to just 7.1
%.
Some brief news are as under
. R-Power to buy Jaypee’s hydro assets
. Investors await justice in NSEL case
. India seeks MFN status from Pakistan ahead of meeting
. Ukrain’s clashes with rebels hinder MH17 crash investigation
. India exploring merger of state-owned hydro PSUs
..Higher costs weigh down profit growth to slowest in 9 quarters
..Wal-Mart to expand wholesale business in India
. GMR group moves to strengthen balance sheet
. Central Bank to sell 4 % stake to Life Insurance Corporation
. Tata Chemicals plans to raise up to Rs.10000 mn.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
ICRA |
|
Rating |
Fund Based Limits: BBB- |
|
Rating Explanation |
Moderate degree of safety and moderate credit risk. |
|
Date |
June, 2014 |
|
Rating Agency Name |
ICRA |
|
Rating |
Non-Fund Based Limits: A3 |
|
Rating Explanation |
Moderate degree of safety and higher credit risk. |
|
Date |
June, 2014 |
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
31-03-2014.
INFORMATION DECLINED
Management non-cooperative
(Tel. No.: 91-22-25697689)
LOCATIONS
|
Registered Office/ Head Office/
Corporate Office/ Marketing Office/ Factory 1: |
Lake Road, Bhandup (West), Mumbai – 400
078, Maharashtra, India |
|
Tel. No.: |
91-22-25696789/ 25968027-28-29-31 |
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Fax No.: |
91-22-25964114 |
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E-Mail : |
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Website : |
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Factory 2: |
New Khasra No.64-67 and 74, Village Chabra, Vikas Nagar, Dehradun – 248
197, Uttarakhand, India |
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Factory 3: |
New Khasra No.295, 296 and 301, Village Chabra, Vikas Nagar, Dehradun
– 248 197, Uttarakhand, India |
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Factory 4: |
Plot No.110/111, M.I.D.C. Satpur, Nashik – 422 007, Maharashtra, India
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Regional Office 1: |
Flat No.13, 11th Floor, Chatterjee International Centre,
33A Jawharlal Nehru Road, Kolkata - 700 071, West Bengal, India |
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Tel. No.: |
91-33-40168500/ 22264443 |
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Fax No.: |
91-33-40168507 |
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E-Mail : |
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Regional Office 2: |
#7B/5024, Vyash Co-Operative Bank Building, Near D.A.V. School, Netaji
Subhash Marg, Daryaganj, New Delhi – 110 002, India |
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Tel. No.: |
91-11-43554801-08 |
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Fax No.: |
91-11-43554805 |
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E-Mail : |
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Regional Office 3: |
403, 4th Floor, C Block, Shivalaya Building, Ethiraj Salai,
Egmore, Chennai – 600 008, Tamilnadu, India |
DIRECTORS
AS ON 31.03.2014
|
Name : |
Mr.
S. K. Nevatia |
|
Designation : |
Chairman
and Managing Director |
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|
|
Name : |
Mrs.
Uma S. Nevatia |
|
Designation : |
Executive
Vice Chairperson |
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|
Name : |
Mr.
D. R. Mehta |
|
Designation : |
Director |
|
Date of Birth/Age : |
79
Years |
|
Brief Resume and Functional expertise : |
Shri D. R. Mehta, M.B.A. from
Wharton School of Finance, University of Pennsylvania, Philadelphia, USA, has
a varied background of more than 42 years’ experience in overseeing Corporate
departments and functions at top Management with a total experience of 57
years. |
|
Outside Directorships : |
Vivan
Investments Private Limited |
|
DIN No.: |
00337951 |
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|
|
|
Name : |
Mr.
Niraj Ramkrishna Bajaj |
|
Designation : |
Director |
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|
Name : |
Mr.
Bharat Swaroop |
|
Designation : |
Director |
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|
|
Name : |
Mr.
Pawan Kumar Golyan |
|
Designation : |
Director |
|
Date of Birth/Age : |
57
Years |
|
Brief Resume and Functional expertise : |
Shri Pawan Kumar Golyan,
Commerce graduate (B.Com) from Kathmandu University and working with Golyan Group
as a Director and having total experience of more than 30 years. |
|
Outside Directorships : |
·
Nepal Merchant Banking and Finance Limited ·
Reliance Spinning Mills Limited ·
Air Nepal International |
|
DIN No.: |
00356807 |
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|
|
|
Name : |
Mr. Vijay
Kumar Bhartia |
|
Designation : |
Director |
|
Date of Birth/Age : |
73
Years |
|
Brief Resume and Functional expertise : |
Shri Vijay Kumar Bhartia,
a graduate from Mumbai University and was formerly holding a senior position
with Raymond Limited, and is presently associated with the same company as an
Advisor and having total experience of more than 47 years. |
|
Outside Directorships : |
·
Rainbow Weavers and Processors Private Limited ·
Uniconnect Sim Private Limited |
|
DIN No.: |
00019810 |
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|
|
Name : |
Mr.
Binod Kumar Patodia |
|
Designation : |
Director |
|
Date of Birth/Age : |
69
Years |
|
Brief Resume and Functional expertise : |
Shri Binod Kumar Patodia
an Engineering Graduate from BITS, Pilani and he is working with GTN Textiles
Limited, as a Vice Chairman and Managing Director and has got total
experience of 43 years. |
|
Outside Directorships : |
·
GTN Textiles Limited ·
GTN Enterprises Limited ·
Patspin India Limited ·
The India Thermit Corporation Limited ·
Patspin Apparels Private Limited ·
Patodia Exports and Investments Private Limited ·
Umang Finance Private Limited ·
Beekaypee Credit Private Limited |
|
DIN No.: |
|
|
|
|
|
Name : |
Mr.
Pradeep Vedprakash Goyal |
|
Designation : |
Director |
|
Date of Birth/Age : |
59
Years |
|
Brief Resume and Functional expertise : |
Shri Pradeep Vedprakash
Goyal a Masters Engineering Graduate from MIT, USA and working with Pradeep
Metals Limited as a Chairman and Managing Director and has got total
experience of 35 years in different fields. |
|
Outside Directorships : |
·
Pradeep Metals Limited ·
Uniphos Enterprises Limited ·
United Phosphorous Limited ·
Janakalyan Sahakari Bank Limited ·
S. V. Shah Construction Private Limited ·
B. S. Metal Private Limited |
|
DIN No.: |
00008370 |
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|
Name : |
Mr.
Parimal Marchant |
|
Designation : |
Director |
KEY EXECUTIVES
|
Name : |
Mr.
Saurabh Nevatia |
|
Designation : |
Chief
Executive (Nashik) |
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|
|
|
Name : |
A.
K. Nemani |
|
Designation : |
Chief
Financial Officer |
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|
Name : |
K.
R. Narayanan |
|
Designation : |
Assistant
Vice President (Corporate) |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.06.2014
|
Category of Shareholders |
No. of Shares |
% of Holding |
|
(A)
Shareholding of Promoter and Promoter Group |
|
|
|
|
|
|
|
|
6700657 |
44.50 |
|
|
6700657 |
44.50 |
|
|
6700657 |
44.50 |
|
|
|
|
|
Total
shareholding of Promoter and Promoter Group (A) |
6700657 |
44.50 |
|
(B)
Public Shareholding |
|
|
|
|
|
|
|
|
1500 |
0.01 |
|
|
10500 |
0.07 |
|
|
12000 |
0.08 |
|
|
|
|
|
|
469474 |
3.12 |
|
|
|
|
|
|
3971487 |
26.37 |
|
|
1363485 |
9.05 |
|
|
2540827 |
16.87 |
|
|
13238 |
0.09 |
|
|
125159 |
0.83 |
|
|
2000 |
0.01 |
|
|
430 |
0.00 |
|
|
2400000 |
15.94 |
|
|
8345273 |
55.42 |
|
Total
Public shareholding (B) |
8357273 |
55.50 |
|
Total
(A)+(B) |
15057930 |
100.00 |
|
(C)
Shares held by Custodians and against which Depository Receipts have been
issued |
0 |
0.00 |
|
|
0 |
0.00 |
|
|
0 |
0.00 |
|
|
0 |
0.00 |
|
Total
(A)+(B)+(C) |
15057930 |
0.00 |
(1) Indian
Any Others (Specify)
Directors/Promoters & their Relatives
& Friends
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in designing and manufacturing of power
semiconductor devices, power electronic equipments and railway transportation
equipments. |
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Products : |
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GENERAL INFORMATION
|
No. of Employees : |
Information declined by the Management. |
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Bankers : |
·
ICICI Bank Limited ·
Union Bank of India |
||||||||||||||||||||||||
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|
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Facilities : |
* Secured against
hypothecation of Motor Car Nos. MH-03-AZ-6558, MH-03-AZ-6559, MH-03-AZ-6560,
MH-03-AZ-6561, TN-01-AP-8368, MH-03-AZ-6531, MH-03-AZ-6589, MH-03-AZ-6590, MH-03-AZ-6724,
MH-03-AZ-6725, MH-03-AZ-6726, MH-03-BH-0341, MH-03-BH-1218, MH-03-BH-1225,
MH-03-BH-1223, MH-03-BH-1217, MH-03-BH-1219, WB-02-AB-4068, WB-02-AB-3840,
UK-07-AT-5290 and UK-07-AT-5321. (*) Secured by first
charge against all movable and immovable assets both present and future
situated at Bhandup, Mumbai and also by hypothecation of stocks and book
debts of the Company ranking pari-passu in favour of ICICI Bank Limited and
Union Bank of India. |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Khandwala
and Shah Chartered Accountants |
|
Address : |
Mumbai, Maharashtra, India |
|
|
|
|
Legal
Advisors : |
Kanga
and Company |
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
50000000 |
Equity Shares |
Rs.2/- each |
Rs.100.000 millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
15057930 |
Equity Shares |
Rs.2/- each |
Rs.30.116
millions |
|
|
|
|
|
The details of shareholders holding more than
5% shares:
|
Particulars
|
As at 31st March, 2014 |
|
|
No. of Shares |
% held |
|
|
Sushil
Kumar Nevatia |
1856138 |
12.33 |
|
Uma
Nevatia |
1443959 |
9.59 |
|
Saurabh
Nevatia |
1353500 |
8.99 |
|
BTR
Industries Limited |
2400000 |
15.94 |
Reconciliation of number of shares
|
Particulars
|
As at 31st March, 2014 |
|
|
No. of Shares |
Amount (Rs. in
millions) |
|
|
Equity
Shares at the beginning of the year |
15057930 |
30.116 |
|
Add:
Shares Issued during the year |
-- |
-- |
|
Less:
Shares bought back during the year |
-- |
-- |
|
Equity Shares at the end of the year |
15057930 |
30.116 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1) Shareholders' Funds |
|
|
|
|
(a) Share Capital |
30.116 |
30.116 |
30.116 |
|
(b) Reserves & Surplus |
625.479 |
674.774 |
601.684 |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
655.595 |
704.890 |
631.800 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) Long-term borrowings |
0.730 |
2.508 |
2.010 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long
term liabilities |
1.926 |
1.926 |
1.926 |
|
(d) Long-term provisions |
18.233 |
17.652 |
16.325 |
|
Total Non-current
Liabilities (3) |
20.889 |
22.086 |
20.261 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
224.041 |
187.760 |
145.996 |
|
(b)
Trade payables |
182.068 |
145.628 |
159.013 |
|
(c)
Other current liabilities |
42.845 |
49.794 |
39.632 |
|
(d) Short-term
provisions |
6.360 |
31.876 |
32.821 |
|
Total Current
Liabilities (4) |
455.314 |
415.058 |
377.462 |
|
|
|
|
|
|
TOTAL |
1131.798 |
1142.034 |
1029.523 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i)
Tangible assets |
148.980 |
158.212 |
148.609 |
|
(ii)
Intangible Assets |
10.472 |
14.513 |
10.609 |
|
(iii)
Capital work-in-progress |
0.119 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
27.280 |
5.950 |
5.993 |
|
(d) Long-term Loan and Advances |
26.349 |
21.298 |
28.582 |
|
(e) Other
Non-current assets |
28.669 |
26.700 |
14.200 |
|
Total Non-Current
Assets |
241.869 |
226.673 |
207.993 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
300.669 |
260.305 |
191.571 |
|
(c)
Trade receivables |
529.096 |
572.221 |
590.753 |
|
(d) Cash
and cash equivalents |
14.175 |
44.035 |
12.162 |
|
(e) Short-term
loans and advances |
45.989 |
38.800 |
27.044 |
|
(f)
Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
889.929 |
915.361 |
821.530 |
|
|
|
|
|
|
TOTAL |
1131.798 |
1142.034 |
1029.523 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue
from Operations (Net) |
967.166 |
1362.165 |
1179.396 |
|
|
|
Other Income |
4.593 |
2.425 |
2.410 |
|
|
|
TOTAL (A) |
971.759 |
1364.590 |
1181.806 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost
of Materials Consumed |
717.756 |
973.445 |
763.042 |
|
|
|
Purchases
of Stock-in-Trade |
21.820 |
35.538 |
21.069 |
|
|
|
Changes in Inventories of
Finished Goods, Work-in-Progress and Stock-in-Trade |
6.563 |
(54.555) |
7.400 |
|
|
|
Employee Benefits Expense |
156.400 |
158.319 |
138.849 |
|
|
|
Other Expenses |
99.892 |
107.769 |
90.838 |
|
|
|
TOTAL (B) |
1002.431 |
1220.516 |
1021.198 |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
(30.672) |
144.074 |
160.608 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
17.078 |
9.538 |
15.830 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
(47.750) |
134.536 |
144.778 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
22.867 |
23.467 |
23.983 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
(70.617) |
111.069 |
120.795 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
(21.363) |
9.792 |
13.977 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
(49.254) |
101.277 |
106.818 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’
BALANCE BROUGHT FORWARD |
12.517 |
9.427 |
5.610 |
|
|
|
|
|
|
|
|
|
Add |
Transferred from General Reserve |
42.500 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Transferred to General Reserve |
0.000 |
40.000 |
40.000 |
|
|
|
Transferred to Reserve for Capital Expenditure |
0.000 |
30.000 |
35.000 |
|
|
|
Proposed Dividend |
3.011 |
24.093 |
24.093 |
|
|
|
Tax on Dividend |
0.512 |
4.094 |
3.908 |
|
|
|
|
3.523 |
98.187 |
103.001 |
|
|
BALANCE CARRIED
TO THE B/S |
2.240 |
12.517 |
9.427 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
|
|
Export on F.O.B. basis |
9.904 |
22.705 |
5.557 |
|
|
TOTAL EARNINGS |
9.904 |
22.705 |
5.557 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials and Components |
170.582 |
199.158 |
184.719 |
|
|
TOTAL IMPORTS |
170.582 |
199.158 |
184.719 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
(3.27) |
6.73 |
7.09 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
PAT / Total Income |
(%) |
(5.07) |
7.42 |
9.04 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
(7.30) |
8.15 |
10.24 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
(6.39) |
9.78 |
11.80 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
(0.11) |
0.16 |
0.19 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.34 |
0.27 |
0.23 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.95 |
2.21 |
2.18 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(INR in Mlns.) |
(INR in Mlns.) |
(INR in Mlns.) |
|
Share Capital |
30.116 |
30.116 |
30.116 |
|
Reserves & Surplus |
601.684 |
674.774 |
625.479 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
631.800 |
704.890 |
655.595 |
|
|
|
|
|
|
Long-term borrowings |
2.010 |
2.508 |
0.730 |
|
Short term borrowings |
145.996 |
187.760 |
224.041 |
|
Total borrowings |
148.006 |
190.268 |
224.771 |
|
Debt/Equity ratio |
0.234 |
0.270 |
0.343 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(INR in Mlns) |
(INR in Mlns) |
(INR in Mlns) |
|
Revenue from Operations (Net) |
1179.396 |
1362.165 |
967.166 |
|
|
|
15.497 |
(28.998) |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(INR in Mlns) |
(INR in Mlns) |
(INR in Mlns) |
|
Revenue from Operations (Net) |
1179.396 |
1362.165 |
967.166 |
|
Profit |
106.818 |
101.277 |
(49.254) |
|
|
9.06% |
7.44% |
(5.09%) |
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 |
No |
|
10] |
Designation of contact person |
No |
|
11] |
Turnover of firm for last three years |
Yes |
|
12] |
Profitability for last three years |
Yes |
|
13] |
Reasons for variation <> 20% |
-- |
|
14] |
Estimation for coming financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister concerns |
No |
|
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 |
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] |
PAN of Proprietor/Partner/Director, if available |
No |
|
32] |
Date
of Birth 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: