MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

AUTOPRINT MACHINERY MANUFACTURERS PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2012

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

CMBA03652F

 

 

PAN No.:

[Permanent Account No.]

AABCA8390B

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

Not Divulged

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer and Trader of Printing Machinery and Equipment, Autoprint Colt Machine, Computer Stationery Printing Machines, etc.

 

 

GENERAL INFORMATION

 

No. of Employees :

Not Divulged

 

 

Bankers :

·         Indian Overseas Bank, Park Square Branch, 1027-A, Avinashi Road, Uppilipalayam, Coimbatore - 641018, Tamilnadu, India

 

·         Citibank N.A. Tristar Towers, Avinashi Road, Plot No 657, Coimbatore - 641037, Tamilnadu, India

 

·         Small Industries Development Bank of India, Gowtham Centre, 1055/7, Avinashi Road, Coimbatore - 641018, Tamilnadu, India

 

 

Facilities :

SECURED LOANS

31.03.2012

(Rs. In Millions)

31.03.2011

(Rs. In Millions)

LONG TERM BORROWINGS

 

 

Term Loan from Banks

 

 

Corporation bank

1.335

2.649

Corporation bank Loan

5.930

0.000

IOS

1.342

0.000

 

 

 

SHORT TERM BORROWINGS

 

 

Cash Credit loan from Banks

30.644

4.208

Total

39.251

6.857

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Bakthavachalam and Company

Chartered Accountants

Address :

15/67A, KG Layout, 8th Cross, Bharati Park, Saibaba Colony, Coimbatore – 641011, Tamilnadu, India

Income-tax PAN of auditor or auditor's firm :

AADFB5331Q

 

 

Subsidiary Company :

·         Autoprint Post Press Solutions P Limited

·         Autoprint Press

·         KSG Castings and Products

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 27.09.2012

 

Names of Shareholders

No. of Shares

 

C. N. Ashok

400000

K. G. Suresh

400000

A. Rajashree

100000

S. Vijayalakshmi

100000

Total

1000000

 


 

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

 

10.000

10.000

(b) Reserves & Surplus

 

89.949

71.479

(c) Money received against share warrants

 

0.000

0.000

 

 

 

 

(2) Share Application money pending allotment

 

12.360

25.000

Total Shareholders’ Funds (1) + (2)

 

112.309

106.479

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

 

8.607

2.649

(b) Deferred tax liabilities (Net)

 

0.000

0.000

(c) Other long term liabilities

 

0.000

0.000

(d) long-term provisions

 

1.322

0.798

Total Non-current Liabilities (3)

 

9.929

3.447

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

 

30.644

4.208

(b) Trade payables

 

82.564

61.301

(c) Other current liabilities

 

30.953

37.406

(d) Short-term provisions

 

12.384

8.730

Total Current Liabilities (4)

 

156.545

111.645

 

 

 

 

TOTAL

 

278.783

221.571

 

 

 

 

II.      ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

 

44.066

37.527

(ii) Intangible Assets

 

1.234

2.057

(iii) Capital work-in-progress

 

0.000

0.000

(iv) Intangible assets under development

 

0.000

0.000

(b) Non-current Investments

 

0.820

0.858

(c) Deferred tax assets (net)

 

2.517

2.724

(d)  Long-term Loan and Advances

 

3.513

3.391

(e) Other Non-current assets

 

0.000

0.000

Total Non-Current Assets

 

52.150

46.557

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

 

0.000

0.000

(b) Inventories

 

98.671

78.835

(c) Trade receivables

 

98.865

68.332

(d) Cash and cash equivalents

 

2.417

10.772

(e) Short-term loans and advances

 

7.738

8.314

(f) Other current assets

 

18.942

8.761

Total Current Assets

 

226.633

175.014

 

 

 

 

TOTAL

 

278.783

221.571

 

 

SOURCES OF FUNDS

 

 

 

31.03.2010

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

 

 

44.897

2] Share Application Money

 

 

0.000

3] Reserves & Surplus

 

 

52.524

4] (Accumulated Losses)

 

 

0.000

NETWORTH

 

 

97.421

LOAN FUNDS

 

 

 

1] Secured Loans

 

 

40.042

2] Unsecured Loans

 

 

0.000

TOTAL BORROWING

 

 

40.042

DEFERRED TAX LIABILITIES

 

 

0.000

 

 

 

 

TOTAL

 

 

137.463

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

 

 

62.151

Capital work-in-progress

 

 

0.000

 

 

 

 

INVESTMENT

 

 

0.722

DEFERREX TAX ASSETS

 

 

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

 

 

52.873

 

Sundry Debtors

 

 

56.487

 

Cash & Bank Balances

 

 

41.098

 

Other Current Assets

 

 

0.000

 

Loans & Advances

 

 

12.599

Total Current Assets

 

 

163.057

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Sundry Creditors

 

 

68.923

 

Other Current Liabilities

 

 

19.422

 

Provisions

 

 

0.122

Total Current Liabilities

 

 

88.467

Net Current Assets

 

 

74.590

 

 

 

 

MISCELLANEOUS EXPENSES

 

 

0.000

 

 

 

 

TOTAL

 

 

137.463

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

31.03.2012

31.03.2011

31.03.2010

 

SALES

 

 

 

 

 

Income (Sales and Incidental Receipts)

431.296

368.043

321.200

 

 

Other Income

3.314

0.318

1.085

 

 

TOTAL                                    

434.610

368.361

322.285

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Difference in Inventory

(2.962)

(10.879)

1.622

 

 

Other Expenses

409.694

335.618

289.975

 

 

TOTAL                                    

406.732

324.739

291.597

 

 

 

 

 

 

PROFIT/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION

27.878

43.622

30.688

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION        

7.038

27.128

5.814

 

 

 

 

 

 

PROFIT/ (LOSS) BEFORE TAX

20.840

16.494

24.874

 

 

 

 

 

Less

TAX                                                                 

2.370

(2.461)

9.214

 

 

 

 

 

 

PROFIT/ (LOSS) AFTER TAX

18.470

18.955

15.660

 

 

 

 

 

Add

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD

42.169

23.214

7.554

 

 

 

 

 

 

BALANCE CARRIED TO THE B/S

60.639

42.169

23.214

 

 

 

 

 

 

EARNINGS IN FOREIGN CURRENCY

 

 

 

 

 

Export Earnings

62.282

49.721

56.804

 

TOTAL EARNINGS

62.282

49.721

56.804

 

 

 

 

 

 

Earnings Per Share (Rs.)

18.47

18.96

24.87

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (42)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Clear

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

 

LOCATIONS

 

Registered Office :

7, North Huzur Road, Coimbatore - 641018, Tamilnadu, India

Tel. No.:

91-422-2212749/ 2212416/ 2216750

Fax No.:

91-422-2212749

E-Mail :

nandakumar.p.r@autoprint.co.in

bandco.ca@gmail.com

info@autoprint.co.in

Website :

www.autoprint.net

 

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.