MIRA
INFORM REPORT
IDENTIFICATION DETAILS
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Name : |
J M J INDUSTRIES PRIVATE LIMITED (w.e.f. 25.08.2010) |
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Formerly Known
As : |
J M J TEXTILES PRIVATE LIMITED |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
DELJ02642D |
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PAN No.: [Permanent Account No.] |
AAACJ2797C |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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30 (Approximately) |
BUSINESS DETAILS
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Line of Business : |
Manufacturer of Rexine. |
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Exports : |
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Countries : |
European Countries |
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Imports : |
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Products : |
Machinery |
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Countries : |
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Terms : |
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Selling : |
Cash and Credit |
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Purchasing : |
Cash and Credit |
GENERAL INFORMATION
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No. of Employees : |
30 (Approximately) |
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Bankers : |
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Bank of Baroda, SSI Kundli Branch, Near HSIDC
Park, G.T. Karnal Road, Kundli, Sonepat – 131 028, Haryana, India ·
Punjab National Bank |
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Facilities : |
NOTE : Long term
Borrowing
Additional Security for all above
mentioned Loans ;
Personal Guarantee of
the following Director: 1 Mr. Sunil Jindal 2 Mrs. Manju Jindal 3 Mr. Yatin Jindal 4 Mr. Dai Ram Jindal Short Term Borrowing Cash credit facility from bank of Baroda is primarily secured against
hypothecation of entire raw material, stock in process, finished goods, store
and spares, packing material and book debts of the company both present and
future. The cash credit is payable on demand and carries interest rate of
base rate + 3.50 % i.e. 14.25 %.
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Banking
Relations : |
-- |
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Financial
Institutions : |
Kotak Mahindra Prime Limited |
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Auditors : |
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Name : |
V.D. Aggarwal and Company Chartered Accountants |
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Address : |
BM-1, Dilkush Industrial Area cum Commercial Complex, GT Karnal Road,
Azadpur, New Delhi – 110 033, India |
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Tel. No.: |
91-11-42390990/ 42390909 |
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Fax No.: |
91-11-42390911 |
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Income-tax
PAN of auditor or auditor's firm : |
AACFV2352A |
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Associate Concerns/ Parties : |
·
Leeds Exims Private Limited |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 27.09.2013
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Name
of Shareholders |
No.
of Shares |
%age |
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56980 |
6.40 |
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142000 |
15.95 |
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Yatin Jindal |
171838 |
19.30 |
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Hemant Jindal |
11200 |
1.26 |
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Sunil Jindal HUF |
172350 |
19.36 |
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Manju Bala Jindal |
120650 |
13.55 |
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Triveni Jindal |
47200 |
5.30 |
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Dai Ram HUF |
167100 |
18.77 |
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Hayat Traders, India |
1000 |
0.11 |
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Total |
890,318 |
100.00 |
AS ON 27.09.2013
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Equity Share Breakup |
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Percentage of Holding |
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Category |
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Directors
or relatives of directors |
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100.00 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES
OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
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I.
EQUITY AND LIABILITIES |
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(1)Shareholders' Funds |
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(a) Share Capital |
8.903 |
5.993 |
5.993 |
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(b) Reserves & Surplus |
23.054 |
20.464 |
18.974 |
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(c) Money received against
share warrants |
0.000 |
0.000 |
0.000 |
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(2) Share Application money
pending allotment |
1.000 |
0.000 |
0.000 |
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Total
Shareholders’ Funds (1) + (2) |
32.957 |
26.457 |
24.967 |
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(3) Non-Current Liabilities |
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(a) long-term borrowings |
32.266 |
31.660 |
28.393 |
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(b) Deferred tax liabilities
(Net) |
1.534 |
1.578 |
0.993 |
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(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
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(d) long-term provisions |
0.000 |
0.000 |
0.000 |
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Total
Non-current Liabilities (3) |
33.800 |
33.238 |
29.386 |
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(4) Current Liabilities |
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(a) Short term borrowings |
49.004 |
33.935 |
33.863 |
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(b) Trade payables |
47.434 |
37.428 |
30.931 |
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(c) Other current liabilities |
11.100 |
8.435 |
8.354 |
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(d) Short-term provisions |
1.704 |
1.180 |
0.653 |
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Total
Current Liabilities (4) |
109.242 |
80.978 |
73.801 |
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TOTAL |
175.999 |
140.673 |
128.154 |
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II.
ASSETS |
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(1) Non-current assets |
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(a) Fixed Assets |
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(i) Tangible assets |
39.960 |
41.017 |
43.511 |
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(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
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(iii) Capital work-in-progress |
0.000 |
0.000 |
0.000 |
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(iv) Intangible assets under
development |
0.000 |
0.000 |
0.000 |
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(b) Non-current Investments |
0.030 |
0.030 |
0.030 |
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(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
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(d) Long-term Loan and Advances |
0.233 |
0.337 |
0.336 |
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(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
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Total
Non-Current Assets |
40.223 |
41.384 |
43.877 |
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(2) Current assets |
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(a) Current investments |
0.000 |
0.000 |
0.000 |
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(b) Inventories |
26.000 |
20.088 |
14.069 |
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(c) Trade receivables |
88.999 |
70.836 |
61.258 |
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(d) Cash and cash equivalents |
13.056 |
4.406 |
4.209 |
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(e) Short-term loans and
advances |
0.000 |
0.000 |
0.000 |
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(f) Other current assets |
7.721 |
3.959 |
4.741 |
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Total
Current Assets |
135.776 |
99.289 |
84.277 |
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TOTAL |
175.999 |
140.673 |
128.154 |
PROFIT & LOSS
ACCOUNT
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PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
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SALES |
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Revenue from Operations |
203.893 |
156.228 |
153.981 |
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Other Income |
2.018 |
2.685 |
0.324 |
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TOTAL (A) |
205.911 |
158.913 |
154.305 |
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Less |
EXPENSES |
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Cost of Material Consumed |
153.417 |
98.335 |
112.862 |
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Purchase of Stock in Trade |
12.364 |
22.808 |
12.259 |
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Manufacturing and Operating Cost |
10.864 |
8.097 |
7.205 |
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Change in Inventories |
(0.741) |
2.454 |
(2.230) |
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Employment Benefit Expenses |
3.593 |
2.843 |
2.956 |
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Other Administrative Expenses |
6.791 |
5.459 |
4.994 |
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TOTAL (B) |
186.288 |
139.996 |
138.046 |
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Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
19.623 |
18.917 |
16.259 |
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Less |
FINANCIAL
EXPENSES (D) |
10.020 |
10.722 |
8.352 |
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PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
9.603 |
8.195 |
7.907 |
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Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
5.822 |
6.076 |
6.593 |
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PROFIT BEFORE
TAX (E-F) (G) |
3.781 |
2.119 |
1.314 |
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Less |
TAX (H) |
1.175 |
0.630 |
0.984 |
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PROFIT AFTER TAX
(G-H) (I) |
2.606 |
1.489 |
0.330 |
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Add |
PREVIOUS YEARS’
BALANCE BROUGHT FORWARD |
3.440 |
1.951 |
1.621 |
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BALANCE CARRIED
TO THE B/S |
6.030 |
3.440 |
1.951 |
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EARNING IN
FOREIGN CURRENCY |
Nil |
0.063 |
NA |
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IMPORT |
NA |
NA |
NA |
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Earnings Per
Share (Rs.) |
2.93 |
2.48 |
0.55 |
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RATING & COMMENTS
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MIRA’s Rating : |
B (28) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
RBI DEFAILTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
LOCATIONS
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Registered Office : |
KD - 17, MIG Flats, Pitampura, New Delhi – 110 034, India |
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Tel. No.: |
91-11-27314292/ 27318129 |
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Mobile : |
91-9999985400 (Mr. Hemant Jindal) |
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Fax No.: |
91-11-27314292/ 27318129 |
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E-Mail : |
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Branch Office : |
Located at: ·
Alipur, New Delhi ·
Nathupur, Sonepat, Haryana |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.