MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

ESTEEM PROJECTS PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

DELE03215C

 

 

PAN No.:

[Permanent Account No.]

AAACE2251Q

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

Not Available

 

BUSINESS DETAILS

 

Line of Business :

Subject is engaged in business of designing, manufacturing, supplying, erecting, installing and maintaining all kinds of Heaters and related equipment.

 

 

GENERAL INFORMATION

 

Customers :

·         Kirchner Italia

·         Jacobs

·         DCM Shriram Consolidated Limited

·         Laxmi Organic Industries Limited

·         TCI Sanmar Chemicals

·         Chevron Lummus Global

·         Indian Oil Corporation Limited Guwahati Refinery

·         Chemplast Sanmar Limited

·         Brahmaputra Cracker and Polymer Limited

·         ubilant Life Sciences Limited

·         ITT Kirchner Italia

·         Engineers India Limited

·         ABB

·         NOCIL

·         Nagarjuna Oil Corporation Limited

·         IOL Chemicals and Pharmaceuticals Limited

·         Numaligarh Refinery Limited

·         Simon India Limited

·         Technip KT India Limited

·         India Glycols Limited

·         Indian Oil Corporation Limited Bongaigaon Refinery

·         Hindustan Petroleum Corporation Limited

 

 

No. of Employees :

Not Available 

 

 

Bankers :

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

·         State Bank of Bikaner and Jaipur, 16/67-68, Faiz Road, Karol Bagh, Delhi – 110005, India

 

 

Facilities :

Rs. In Millions

Secured Loans:

31.03.2013

31.03.2012

Short Term Borrowings

 

 

Other loans and advances

(Advance from Client against BC)

0.000

6.040

Total

0.000

6.040

 

 

 

Banking Relations :

----

 

 

Financial Institutions :

3i Infotech Trusteeship Services Limited, 6th Floor, Akruti Center Point, MIDC Central Road, Next to Marol Telephone Exchange, Andheri East, Mumbai – 400093, Maharashtra, India

 

 

Auditors :

 

Name :

Amitabh and Company

Chartered Accountants

Address :

A-152, Sector – 41, District Gautam Budh Nagar, Noida – 201301, Uttar Pradesh, India

Tel. No.:

91-120-2502398/2570617

Mobile No.:

91-9811070475 / 9911573621

PAN No.:

ACFPG8383H

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 30.09.2013

 

Names of Shareholders

 

No. of Shares

Gurcharan Singh

 

31501

Rajinder Kaur

 

31500

Gurinder Singh

 

13499

Tanveer Singh

 

13500

Total

 

90000

 

Equity Share Break up (Percentage of Total Equity)

 

As on 30.09.2013

 

Category

Percentage

Directors or relatives of Directors

100.00

Total

100.00

 

 


 

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

9.000

6.000

6.000

(b) Reserves & Surplus

80.537

71.857

61.717

(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)

89.537

77.857

67.717

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

0.000

0.000

0.000

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(c) Other long term liabilities

5.280

5.280

5.280

(d) long-term provisions

0.000

0.000

0.000

Total Non-current Liabilities (3)

5.280

5.280

5.280

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

0.000

6.040

1.464

(b) Trade payables

158.193

162.751

182.412

(c) Other current liabilities

4.212

6.172

2.259

(d) Short-term provisions

4.363

4.735

9.683

Total Current Liabilities (4)

166.768

179.698

195.818

 

 

 

 

TOTAL

261.585

262.835

268.815

 

 

 

 

II.      ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

84.484

89.511

66.407

(ii) Intangible Assets

1.084

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

0.000

0.000

0.000

(c) Deferred tax assets (net)

0.000

0.000

0.000

(d)  Long-term Loan and Advances

0.000

0.000

0.000

(e) Other Non-current assets

0.000

0.000

0.000

Total Non-Current Assets

85.568

89.511

66.407

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

10.113

17.488

17.523

(c) Trade receivables

110.104

93.031

34.040

(d) Cash and cash equivalents

40.835

48.952

129.749

(e) Short-term loans and advances

0.000

0.000

0.000

(f) Other current assets

14.965

13.853

21.096

Total Current Assets

176.017

173.324

202.408

 

 

 

 

TOTAL

261.585

262.835

268.815

 


PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Income

181.079

164.075

225.124

 

 

Other Income

2.602

4.235

2.361

 

 

TOTAL                                     (A)

183.681

168.310

227.485

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Cost of Materials Consumed

31.566

38.671

5.148

 

 

Purchases of Stock-in-Trade

37.460

34.863

14.442

 

 

Changes in inventories of finished goods, work-in-progress and Stock-in-Trade

(0.675)

0.000

0.000

 

 

Employees benefits expense

14.570

10.392

8.509

 

 

Other expenses

81.187

62.963

167.469

 

 

TOTAL                                     (B)

164.108

146.889

195.568

 

 

 

 

 

Less

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

19.573

21.421

31.917

 

 

 

 

 

Less

FINANCIAL EXPENSES                         (D)

0.000

0.493

0.408

 

 

 

 

 

 

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

19.573

20.928

31.509

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                     (F)

6.127

6.053

2.058

 

 

 

 

 

 

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

13.446

14.875

29.451

 

 

 

 

 

Less

TAX                                                                  (H)

4.766

4.735

9.683

 

 

 

 

 

 

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

8.680

10.140

19.768

 

 

 

 

 

 

Earnings Per Share (Rs.)

96.45

169.00

329.00

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (49)

 

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 :

240-A Pocket C, Mayur Vihar II, New Delhi – 110092, India

Tel. No.:

Not Available

Fax No.:

Not Available

E-Mail :

gurinder@esteemprojects.com

purchase@esteemprojects.com

epl@esteemprojects.com

hr@esteemprojects.com

Website :

www.esteemprojects.com

 

 

Corporate Office /  Noida Workshop :

B-39, Sector-67, Noida – 201301, Uttar Pradesh, India

Tel. No.:

91-120-6491904/05/06/2485335

Fax No.:

91-120-2484335

E-Mail :

epl@esteemprojects.com

enw@esteemprojects.com

 

 

Baddi Workshop :

K. No. 1027-1030/369, Bhud Road, MDR 7 Baddi - 173205, Himachal Pradesh, India

Tel. No.:

91-1795-657001

E-Mail :

ebw@esteemprojects.com

 

 

Delhi Office :

202-203, Prakash Trade Center, B-30, Subhash Chowk, Laxmi Nagar, Delhi - 110092, India

Tel. No.:

91-11-22043491

Fax No.:

91-11-22043492

E-Mail :

delhi@esteemprojects.com

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.