MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

POOJA FORGE LIMITED

 

 

Formerly Known As :

POOJA FORGE PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

DELP08630G

 

 

PAN No.:

[Permanent Account No.]

AAACP0136B

 

 

Legal Form :

A Closely Held Public Limited Liability Company

 

 

 

No. of Employees :

Not Divulged

 

 

BUSINESS DETAILS

 

Line of Business :

Subject is engaged in manufacture of high tensile fasteners.

 

 

Products :

Item Code No. (ITC Code)

Product Description

73181500

Nuts and Bolts

 

 

GENERAL INFORMATION

 

No. of Employees :

Not Divulged

 

 

Bankers :

·         State Bank of India, Commercial Branch, Vardhman Trade Center, Dda Building ,Nehru Place, New Delhi - 110019, Delhi, India

·         New Bank Of India, Okhla Industrial Estate, New Delhi, Delhi, India

·         Punjab National Bank, Okhla, New Delhi, Delhi, India

 

 

Facilities :

SECURED LOANS

31.03.2013

(Rs. In Millions)

31.03.2012

(Rs. In Millions)

LONG TERM BORROWINGS

 

 

Rupee term loans from banks

95.281

53.412

 

 

 

SHORT TERM BORROWINGS

 

 

Working capital loans from banks

503.498

388.266

 

 

 

Total

598.779

441.678

 

 

UNSECURED LOAN

 

PARTICULAR

31.03.2013

(Rs. In Millions)

31.03.2012

(Rs. In Millions)

LONG TERM BORROWINGS

 

 

Loans and advances from directors

57.118

5.771

Other loans and advances

1.513

0.000

 

 

 

Total

58.631

5.771

 

Banking Relations :

 

 

 

Auditors :

 

Name :

T. K. Gupta and Associates

Chartered Accountants

Address :

4228/1, Ansari Road, Darya Ganj, New Delhi-110002, Delhi, India.

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on: 30.09.2013

 

Names of Shareholders

No. of Shares

Manish Aggarwal

337896

Jagdish Kumar Aggarwal

613304

Shashi Agarwal

8200

Jagdish Kumar Agarwal

3400

Perfect Fasteners Limited

10

Manish Agarwal

45

J.K Agarwal and Manish Agarwal (Joint)

45

 

 

Total

962900

 

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

9.629

9.629

9.629

(b) Reserves & Surplus

955.748

870.167

753.571

(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)

965.377

879.796

763.200

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

153.912

59.183

174.246

(b) Deferred tax liabilities (Net)

112.148

107.990

98.430

(c) Other long term liabilities

0.000

0.000

0.000

(d) long-term provisions

3.760

3.760

1.730

Total Non-current Liabilities (3)

269.820

170.933

274.406

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

503.498

388.266

348.912

(b) Trade payables

112.855

112.772

78.239

(c) Other current liabilities

37.563

46.577

25.799

(d) Short-term provisions

45.981

54.640

43.020

Total Current Liabilities (4)

699.897

602.255

495.970

 

 

 

 

TOTAL

1935.094

1652.984

1533.576

 

 

 

 

II.    ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

923.101

938.967

843.871

(ii) Intangible Assets

6.959

8.805

10.651

(iii) Capital work-in-progress

68.060

0.000

0.000

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

4.907

4.907

0.007

(c) Deferred tax assets (net)

0.000

0.000

0.000

(d) Long-term Loan and Advances

13.054

11.503

7.075

(e) Other Non-current assets

0.000

0.000

0.000

Total Non-Current Assets

1016.081

964.182

861.604

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

301.355

214.614

271.135

(c) Trade receivables

364.958

326.702

292.351

(d) Cash and cash equivalents

159.395

49.943

16.392

(e) Short-term loans and advances

76.564

71.016

92.007

(f) Other current assets

16.741

26.527

0.087

Total Current Assets

919.013

688.802

671.972

 

 

 

 

TOTAL

1935.094

1652.984

1533.576

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Income

1954.288

2073.387

1672.982

 

 

Other Income

18.421

1.824

9.261

 

 

TOTAL                                     (A)

1972.709

2075.211

1682.243

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Cost of materials consumed

1100.861

1043.385

837.756

 

 

Purchases of stock-in-trade

9.673

8.663

10.442

 

 

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

(112.549)

10.710

7.806

 

 

Employee benefit expense

169.910

160.527

140.651

 

 

Other expenses

569.803

557.686

469.284

 

 

Exceptional items

0.404

0.028

(0.023)

 

 

TOTAL                                     (B)

1738.102

1780.999

1465.916

 

 

 

 

 

Less

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

234.607

294.212

216.327

 

 

 

 

 

Less

FINANCIAL EXPENSES                         (D)

53.541

73.342

38.338

 

 

 

 

 

 

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

181.066

220.870

177.989

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                     (F)

53.227

46.609

43.514

 

 

 

 

 

 

PROFIT BEFORE TAX (E-F)                               (G)

127.839

174.261

134.475

 

 

 

 

 

Less

TAX                                                                  (H)

42.258

57.666

44.500

 

 

 

 

 

 

PROFIT AFTER TAX (G-H)                                (I)

85.581

116.595

89.975

 

 

 

 

 

 

EARNINGS IN FOREIGN CURRENCY

 

 

 

 

 

FOB Value of Exports

227.517

294.097

168.857

 

TOTAL EARNINGS

227.517

294.097

168.857

 

 

 

 

 

 

IMPORTS

 

 

 

 

 

Raw Materials

652.174

311.884

416.350

 

 

Capital Goods

9.455

10.673

4.974

 

 

Others

62.298

86.243

44.169

 

TOTAL IMPORTS

723.927

408.800

465.493

 

 

 

 

 

 

Earnings Per Share (Rs.)

88.88

121.09

93.53

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (45)

 

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 :

101, Sukhdev Vihar, New Delhi – 110 025, Delhi, India

Tel. No.:

91-129-4046809

Fax No.:

Not Available

E-Mail :

info@poojaforgeltd.com

guptaashish75@gmail.com

maggarwal112@rediffmail.com

Website :

www.poojaforgeltd.com

 

 

Corporate Office :

14/4, Mathura Road, Faridabad - 121003, Haryana, India

Tel. No.:

91-129-4046809, 4046707

Fax No.:

91-129-4046708, 2270719

 

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.