MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

CONSUMER MARKETING (INDIA) PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

142 (Approximately)

 

 

BUSINESS DETAILS

 

Line of Business :

Trader and Importer of Olive Oil.

 

 

Imports :

 

Products :

Olive Oil

Countries :

·         Spain

·         Italy

 

 

Terms :

 

Selling :

Cash and credit

 

 

GENERAL INFORMATION

 

Suppliers :

·         Figaro, Spain

·         Bartoli, Italy

 

 

Customers :

Wholesalers and Retailers

 

·         Big Bazar

·         Adity Birla Retail Limited

 

 

No. of Employees :

142 (Approximately)

 

 

Bankers :

·         ICICI Bank Limited, Landmarkrace Cource Circle, Alkapuri, Baroda - 390015, Gujarat, India

·         Citibank

 

 

Facilities :

Secured Loan

As on 31.03.2013

[Rs. in Millions]

As on 31.03.2012

[Rs. in Millions]

Long Term Borrowings

 

 

Term Loan - Citibank

7.255

8.550

Vehicle Loan - ICICI Bank

0.727

1.513

 

7.982

 

Short Term Borrowings

 

 

Buyers Credit From

 

 

ICICI Bank

36.399

0.000

HDFC Bank

86.869

0.000

Temporary Bank Overdraft

0.030

0.000

TOTAL

131.280

10.063

 

 

 

Unsecured Loan

As on 31.03.2013

[Rs. in Millions]

As on 31.03.2012

[Rs. in Millions]

Short Term Borrowings

 

 

From Directors

1.141

0.000

TOTAL

1.141

0.000

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

O. P. Bhandari and Company

Chartered Accountants

Address :

30, Omkar House, C. G. Road, Navrangpura, Ahmedabad – 380009, Gujarat, India

PAN No:

AAAFO6762H

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 25.09.2013

 

Names of Shareholders

 

 

No. of Shares

Lalitadevi Balkishan Adukia

 

95000

Balkishan Madanlal Adukia

 

5000

 

 

 

TOTAL

 

100000


 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

31.03.2013

31.03.2012

31.03.2011

I.        EQUITY AND LIABILITIES

 

 

 

(1) Shareholders' Funds

 

 

 

(a) Share Capital

1.000

1.000

1.000

(b) Reserves & Surplus

48.677

40.300

32.590

(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)

49.677

41.300

33.590

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) Long-term borrowings

7.982

10.063

11.784

(b) Deferred tax liabilities (Net)

0.276

0.297

0.364

(c) Other long term liabilities

0.000

0.000

0.000

(d) Long-term provisions

0.000

0.000

0.000

Total Non-current Liabilities (3)

8.258

10.360

12.148

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

124.440

0.000

0.000

(b) Trade payables

56.655

77.307

88.406

(c) Other current liabilities

57.648

57.965

21.208

(d) Short-term provisions

6.772

5.932

2.931

Total Current Liabilities (4)

245.515

141.204

112.545

 

 

 

 

TOTAL

303.450

192.864

158.283

 

 

 

 

II.      ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

47.781

49.643

51.520

(ii) Intangible Assets

0.000

0.000

0.000

(iii) Capital work-in-progress

0.000

0.000

0.000

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

0.034

0.034

0.034

(c) Deferred tax assets (net)

0.000

0.000

0.000

(d)  Long-term Loan and Advances

0.148

0.148

0.148

(e) Other Non-current assets

0.000

0.000

0.000

Total Non-Current Assets

47.963

49.825

51.702

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

109.285

92.366

71.625

(c) Trade receivables

23.878

7.745

8.398

(d) Cash and cash equivalents

72.537

7.355

8.927

(e) Short-term loans and advances

49.787

35.573

17.626

(f) Other current assets

0.000

0.000

0.005

Total Current Assets

255.487

143.039

106.581

 

 

 

 

TOTAL

303.450

192.864

158.283

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Income

978.650

831.050

725.467

 

 

Other Income

4.538

0.810

0.857

 

 

TOTAL                                     (A)

983.188

831.860

726.324

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Purchase of stock in trade

470.405

404.194

316.337

 

 

Employee benefits expense

35.489

31.209

25.625

 

 

Other expenses

475.150

399.340

363.061

 

 

Changes in inventories of finished goods, work in progress and stock in trade

(16.920)

(20.741)

2.608

 

 

TOTAL                                     (B)

964.124

814.002

707.631

 

 

 

 

 

Less

PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B)      (C)

19.064

17.858

18.693

 

 

 

 

 

Less

FINANCIAL EXPENSES                         (D)

2.057

1.921

2.375

 

 

 

 

 

 

PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)                                (E)

17.007

15.937

16.318

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                     (F)

2.135

2.599

3.132

 

 

 

 

 

 

PROFIT / (LOSS) BEFORE TAX (E-F)                 (G)

14.872

13.338

13.186

 

 

 

 

 

Less

TAX                                                                  (H)

5.325

4.466

(0.122)

 

 

 

 

 

 

PROFIT / (LOSS) AFTER TAX (G-H)                  (I)

9.547

8.872

13.308

 

 

 

 

 

Add

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD

31.091

25.881

17.062

 

 

 

 

 

Less

APPROPRIATIONS

 

 

 

 

 

Dividend on Equity Shares

1.000

1.000

1.000

 

 

Dividend distribution tax

0.170

0.162

0.162

 

 

Transfer to General Reserve

2.500

2.500

3.327

 

BALANCE CARRIED TO THE B/S

36.968

31.091

25.881

 

 

 

 

 

 

IMPORTS

467.702

311.019

297.146

 

 

 

 

 

 

Earnings / (Loss) Per Share (Rs.)

95.47

88.72

133.08

 

Particulars

 

 

 

31.03.2014

Sales Turnover (Approximately)

 

 

1100.000

 

The above information has been parted by Mr. Rajesh Satve (Account Manager).

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (44)

 

RATING

STATUS

 

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually 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 :

30, Omkar House, C. G. Road, Navrangpura, Ahmedabad – 380009, Gujarat, India

Tel. No.:

91-79-26462539/ 28501800

Fax No.:

91-79-26563388

E-Mail :

yashwantanekar@yahoo.co.in

opbhandarica@gmail.com

office@cmipl.net 

Website :

www.cmipl.net

 

 

Administrative Office / Corporate Office:

201, Dhanthak Plaza, Makwana Road, Marol, Andheri (East), Mumbai – 400059, Maharashtra, India

Tel. No.:

91-22-22076359

Fax No.:

91-22-22077637

Email :

sales@cmipl.net

 

 

Branch Office:

Located at

 

·         Kolkata

·         Delhi

·         Punjab

 

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.