MIRA INFORM REPORT
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Report Date : |
03.12.2014 |
IDENTIFICATION DETAILS
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Name : |
NYATI BUILDERS PRIVATE LIMITED |
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Registered
Office : |
Nyati Commerce House, Kalyani Nagar, Pune – 411006, Maharashtra |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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Date of
Incorporation : |
17.09.1996 |
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Com. Reg. No.: |
11-102620 |
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Capital
Investment / Paid-up Capital : |
Rs.9.675 Millions |
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CIN No.: [Company Identification
No.] |
U45202MH1996PTC102620 |
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TIN No.: |
Not Available |
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IEC No.: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AAACN6418N |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Building Construction |
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No. of Employees
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250 (Approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba (48) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Exist |
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Comments : |
Subject is an established company having satisfactory track record. General financial position of the company seems to be sound and
healthy. Profitability of the company is fair. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct. The company can be considered for business dealings at usual trade
terms and condition. |
NOTES:
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
INDIAN ECONOMIC OVERVIEW
N E W S
Verdict
Implications: Apex court order may alter coal import dynamics. Traders go
slowly on talks over coal supply contracts, uncertainty over cancellation of
blocks weigh on stocks.
Recent arrest of the
Chennai head of the Registrar of Companies, the ministry of corporate affairs
arm that ensures that companies file all the information required by the
Companies Act is the latest manifestation of a messy fight between a father and
his adopted son for the control of Rs 40000 mn Business Empire. The Central
Bureau of Investigation arrested Manumeethi Cholan after he accepted Rs 10
lakhs as bribe from M a M Ramaswamy, a CBI official said.
Central Bureau of
Investigation books Electrotherm for cheating Central Bank of Rs 4360 mn.
Infosys maintains
revenue guidance. COO Rao says attrition still an area of concern and it would
take a few more quarters to bring down levels to 13-15 %.
DHL to invest Euro
100 mn in India over next 2 years. The firm has chosen India to pilot its
e-commerce business model for the Asia-Pacific region.
Blackstone may buy
stake in BlueRidge SEZ in line with the fund’s real estate strategy in India.
Kingfisher Airlines
Ltd grounded in October 2012 under the weight of heavy debt and accumulated
losses, recently approached the Delhi high court for relief in two separate
cases. The airline challenged a notice by Punjab & National Bank alleging
that it had wilfully defaulted on Rs 7700 mn of loans and sought more time to
comply with the requirements under the listing agreements with the Stock
Exchanges.
OnMobile likely to
sack another 300 employees. The lay-offs follow a spate of senior-level exits
over the past two years, starting with of its founder. The overall lay-offs
could number around 600 and are driven by the need to cut costs, says a former
employee.
EXTERNAL AGENCY RATING
NOT AVAILABLE
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter in
the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2014.
INFORMATION PARTED BY
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Name : |
Mr. Deepak Khandelwal |
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Designation : |
Group Finance Manager |
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Contact No.: |
91-20-26656126 |
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Date : |
02.12.2014 |
LOCATIONS
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Registered Office : |
Nyati Commerce House, Kalyani Nagar, Pune – 411006, Maharashtra, India
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Tel. No.: |
91-20-40055460/26656123 |
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Fax No.: |
91-20-26656122 |
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E-Mail : |
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Website : |
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Sales Office / Marketing Office 1 : |
Suite No. 804, Land Mart, Platinum, S.V. Road, Bandra (West), Mumbai –
411050, Maharashtra, India |
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Sales Office / Marketing Office 2 : |
Locate At Pune, Maharashtra, India |
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Sales Office / Marketing Office 3 : |
Office No. M 24, Mezzanine,
Karma Gold Building, Dubai, UAE |
DIRECTORS
As on 30.08.2013
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Name : |
Mr. Nitin Dwarkadas Nyati |
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Designation : |
Managing Director |
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Address : |
7/10, Anand Society, Off |
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Date of Birth/Age : |
03.07.1963 |
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Date of Appointment : |
12.12.2011 |
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DIN No.: |
00018801 |
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Name : |
Mr. Piyush Nitin Nyati |
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Designation : |
Director |
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Address : |
Nest Lane No.1, Plot No. 2, Koregaon Park, Pune – 411001, Maharashtra,
India |
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Date of Birth/Age : |
15.01.1989 |
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Date of Appointment : |
21.09.2011 |
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DIN No.: |
03555478 |
KEY EXECUTIVES
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Name : |
Mr. Deepak Khandelwal |
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Designation : |
Group Finance Manager |
MAJOR SHAREHOLDERS
As on 30.08.2013
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Names of Shareholders |
No. of Shares |
% of Holding |
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Nitin Dwarkadas Nyati |
2500 |
0.26 |
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Piyush Nitin Nyati |
965000 |
99.74 |
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Total |
967500 |
100.00 |
Equity Share Break up (Percentage of Total Equity)
As on 30.08.2013
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Category |
Percentage |
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Directors or relatives of Directors |
100.00 |
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Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Building Construction |
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Products : |
-- |
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Brand Names : |
-- |
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Agencies Held : |
-- |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Cash and Advance Payment |
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Purchasing : |
Cash and Advance Payment |
PRODUCTION STATUS – NOT APPLICABLE
GENERAL INFORMATION
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Suppliers : |
Not Divulged |
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Customers : |
Not Divulged |
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No. of Employees : |
250 (Approximately) |
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Bankers : |
·
ICICI Bank Limited, ·
HDFC
Bank Limited, HDFC Bank House , Sebapati Bapat Marg, Lower Parel (West),
Mumbai-400013, Maharashtra, India |
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Facilities : |
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Banking Relations
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-- |
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Financial Institutions : |
JM Financial Products Limited, 141 Maker Chambers III, Nariman Point,
Mumbai - 400021, Maharashtra, India |
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Auditors : |
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Name : |
Vipin Gujarathi and Associates Chartered Accountant |
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Address : |
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Tel. No.: |
91-20-24275398/ 99 |
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PAN No.: |
AAEFV0390A |
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Memberships : |
-- |
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Collaborators : |
-- |
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Subsidiary : |
Nyati Hotels and Resorts Private Limited CIN No.: U55101PN1997PTC108422 |
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Sister Concerns
(Confirmed by management ) : |
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CAPITAL STRUCTURE
As on 30.08.2013
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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5000000 |
Equity Shares |
Rs.10/- each |
Rs.50.000 Millions |
Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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967500 |
Equity Shares |
Rs.10/- each |
Rs.9.675 Millions |
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 |
9.675 |
9.675 |
9.675 |
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(b) Reserves & Surplus |
784.562 |
748.274 |
732.958 |
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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 |
0.000 |
0.000 |
0.000 |
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Total
Shareholders’ Funds (1) + (2) |
794.237 |
757.949 |
742.633 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
883.061 |
574.054 |
618.882 |
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(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
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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) |
883.061 |
574.054 |
618.882 |
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(4)
Current Liabilities |
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(a) Short
term borrowings |
14.026 |
23.579 |
18.917 |
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(b) Trade
payables |
138.924 |
140.686 |
166.348 |
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(c) Other
current liabilities |
2329.284 |
2935.766 |
1709.671 |
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(d) Short-term
provisions |
175.173 |
66.491 |
73.326 |
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Total Current
Liabilities (4) |
2657.407 |
3166.522 |
1968.262 |
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TOTAL |
4334.705 |
4498.525 |
3329.777 |
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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 |
287.375 |
315.742 |
301.215 |
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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 |
263.262 |
263.120 |
263.120 |
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(c) Deferred tax assets (net) |
2.683 |
0.751 |
1.285 |
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(d) Long-term Loan and Advances |
0.000 |
0.000 |
429.734 |
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(e) Other
Non-current assets |
405.653 |
626.215 |
0.000 |
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Total Non-Current
Assets |
958.973 |
1205.828 |
995.354 |
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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 |
2716.327 |
2886.511 |
1951.158 |
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(c) Trade
receivables |
155.341 |
50.590 |
40.387 |
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(d) Cash
and cash equivalents |
102.535 |
48.800 |
62.633 |
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(e)
Short-term loans and advances |
395.905 |
301.548 |
275.067 |
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(f) Other
current assets |
5.624 |
5.248 |
5.178 |
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Total
Current Assets |
3375.732 |
3292.697 |
2334.423 |
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TOTAL |
4334.705 |
4498.525 |
3329.777 |
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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Income |
2117.113 |
405.700 |
222.668 |
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Other Income |
56.929 |
39.234 |
55.128 |
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TOTAL (A) |
2174.042 |
444.934 |
277.796 |
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Less |
EXPENSES |
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Cost of Materials Consumed |
1853.024 |
236.629 |
29.960 |
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Employee Benefits Expenses |
34.069 |
24.932 |
23.805 |
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Other Expenses |
102.550 |
78.225 |
52.478 |
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TOTAL (B) |
1989.643 |
339.786 |
106.243 |
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Less |
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
184.399 |
105.148 |
171.553 |
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Less |
FINANCIAL
EXPENSES (D) |
98.392 |
56.705 |
44.813 |
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PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)
(E) |
86.007 |
48.443 |
126.740 |
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Less |
DEPRECIATION/
AMORTISATION (F) |
32.538 |
28.892 |
28.244 |
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PROFIT/(LOSS)
BEFORE TAX (E-F) (G) |
53.469 |
19.551 |
98.496 |
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Less |
TAX (H) |
17.068 |
4.234 |
31.234 |
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PROFIT/(LOSS)
AFTER TAX (G-H) (I) |
36.401 |
15.317 |
67.262 |
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Earnings Per
Share (Rs.) |
37.62 |
15.83 |
NA |
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Particulars |
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31.03.2014 |
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Sales Turnover (Approximately) |
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2750.000 |
The above information has been parted by Mr. Deepak Khandelwal
KEY RATIOS
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PARTICULARS |
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31.03.2013 |
31.03.2012 |
31.03.2011 |
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Net Profit Margin (PAT/Sales) |
(%) |
1.72 |
3.78 |
30.21 |
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Operating Profit Margin (PBIDT/Sales) |
(%) |
8.71 |
25.92 |
77.04 |
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Return on Total Assets (PBT/Total Assets} |
(%) |
1.31 |
0.46 |
3.21 |
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Return on Investment (ROI) (PBT/Networth) |