|
Report Date : |
10.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
ALLENGERS MEDICAL SYSTEMS LIMITED |
|
|
|
|
Formerly Known
As : |
ALLENGERS MEDICAL PRODUCTS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Unit No. 202, Ansal’s |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
30.07.1992 |
|
|
|
|
Com. Reg. No.: |
55-154688 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 121.840 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U33111DL1992PLC154688 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
PTLA10768C |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCA2332H |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of X-rays based medical equipment’s. |
|
|
|
|
No. of Employees
: |
900 (Approximately) |
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 |
|
Maximum Credit Limit : |
USD 2200000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a satisfactory track record. Profitability of the company seems to be decent. General financial
position of the company appears to be sound and healthy. Trade relations are fair. Business is active. Payment terms are
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.
ECGC Country Risk Classification List – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
India’s current
account deficit narrowed in the quarter ended September as government measures
to curb imports, especially gold, kicked in. The current account deficit,
the excess of a country’s imports of goods and services over exports, narrowed
to $ 5.2 billion from $ 21 billion in the year ago period, according to
provisional Reserve Bank of India data. Finance Minister P. Chidambaram said
the CAD for the year will be less than $ 60 billion or 3 per cent of GDP and
the latest data suggests the government may achieve the target.
India was ranked 94th
among the world’s most corrupt nations list. Denmark and New Zealand topped as
the cleanest while Somalia emerged as the most corrupt.
India’s services
sector activity witnessed a moderate improvement in November over the previous
month, even while indicating the fifth successive monthly contraction,
according the HSBC survey.
$53 million estimated
losses suffered by India due to phishing attacks during the third quarter,
according to a study by RSA. India ranks fourth in the list of nations hit by
phishing attacks. The US remained at the top of the charts. Phishing is the
process of acquiring information such as user names, passwords and credit card
details by sending e-mails disguised as official mails.
Rs.4080 million
worth of mobile-phone-based transactions by July 2013 compared to Rs.260
million in September, 2012, according to Deloitte report. The number of
transactions has shot up from 94000 to 701000.
India aims to earn
Rs.400000 million from the bandwidth auction set for January. The merger and
acquisition guidelines, cleared by a group of ministers, will be out before the
auction begins so that players can make informed decisions on the auctions.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
|
Rating |
BBB+ (Long Term Bank Facilities) |
|
Rating Explanation |
Moderate degree of safety and moderate credit risk. |
|
Date |
12.04.2013 |
|
Rating Agency Name |
CARE |
|
Rating |
A3+ (Short Term Bank Facilities) |
|
Rating Explanation |
Moderate degree at safety and higher credit risk. |
|
Date |
12.04.2013 |
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
31-03-2012.
INFORMATION PARTED BY
|
Name : |
Ms. Shailly |
|
Designation : |
Accountant |
|
Contact No.: |
91-11-25166712 |
|
Date : |
12.12.2013 |
LOCATIONS
|
Registered Office/ Factory 1 : |
Unit No. 202, Ansal’s |
|
Tel. No.: |
91-11-25166712/ 32536567 |
|
Fax No.: |
91-11-25432088 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
3000 sq. ft |
|
Location : |
Owned |
|
|
|
|
Head Office : |
S.C.O. 212-214, Sector 34-A, |
|
Tel. No.: |
91-172-3012280-84/ 3012287/ 3012285/ 2725695 |
|
Fax No.: |
91-172-2621912/ 2621913 / 2708031 |
|
E-Mail : |
|
|
Area : |
16000 sq. ft |
|
Location : |
Owned |
|
|
|
|
Factory 2 : |
Bankapur, |
|
Tel. No.: |
91-1762-282253 / 280253 |
|
Fax No.: |
91-1762-285156 |
|
Area : |
45000 sq. mtr |
|
Location : |
Owned |
|
|
|
|
Branch Office : |
Located
at:
|
DIRECTORS
AS ON 30.09.2013
|
Name : |
Mr. Suresh Sharma |
|
Designation : |
Chairman Cum Managing Director |
|
Address : |
H. No. 1802, Sector 34 D, |
|
Date of Birth/Age : |
14.10.1957 |
|
Qualification : |
Engineering |
|
Date of Appointment : |
30.07.1992 |
|
DIN No.: |
00128139 |
Other Directorship:
|
S.
No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U33111DL1992PLC154688 |
ALLENGERS
MEDICAL SYSTEMS LIMITED |
Managing
director |
01/04/2013 |
30/07/1992 |
- |
Active |
NO |
|
2 |
U55101CH1998PTC021577 |
CITY CENTRE
HOTELS PRIVATE LIMITED |
Director |
07/05/2003 |
07/05/2003 |
- |
Active |
NO |
|
3 |
U70101CH2002PTC025083 |
SRI KESHAV REAL
ESTATES PRIVATE LIMITED |
Director |
22/04/2004 |
22/04/2004 |
- |
Active |
NO |
|
4 |
U24239DL2004PTC129158 |
ALLENGERS GLOBAL
HEALTHCARE PRIVATE LIMITED |
Additional
director |
01/04/2013 |
17/09/2004 |
20/08/2013 |
Active |
NO |
|
5 |
U27107CH1991PTC011715 |
EROS FABRICATORS
PRIVATE LIMITED |
Director |
03/09/2012 |
09/08/2012 |
- |
Active |
NO |
|
Name : |
Mr. Rajinder
Singh Kanwar |
|
Designation : |
Managing Director |
|
Address : |
Kanwar Complex, |
|
Date of Birth/Age : |
03.09.1966 |
|
Qualification : |
Engineering |
|
Date of Appointment : |
01.01.2005 |
|
DIN No.: |
00686742 |
Other Directorship:
|
S.
No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U33111DL1992PLC154688 |
ALLENGERS
MEDICAL SYSTEMS LIMITED |
Managing director |
01/08/2013 |
01/01/2005 |
Active |
NO |
|
2 |
U24239DL2004PTC129158 |
ALLENGERS GLOBAL
HEALTHCARE PRIVATE LIMITED |
Managing
director |
01/12/2011 |
08/08/2005 |
Active |
NO |
|
Name : |
Mr. Raman Kumar Narang |
|
Designation : |
Whole Time Director |
|
Address : |
C – 173, Malviya Nagar, Jaipur – 302017, |
|
Date of Birth/Age : |
01.11.1952 |
|
Date of Appointment : |
26.06.2010 |
|
DIN No.: |
00500953 |
Other Directorship:
|
S.
No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U34300RJ1998PTC014901 |
ANUDEEP TECHNOCRATS
PRIVATE LIMITED |
Director |
17/08/1998 |
17/08/1998 |
Active |
YES |
|
2 |
U33111DL1992PLC154688 |
ALLENGERS
MEDICAL SYSTEMS LIMITED |
Whole-time
director |
01/04/2013 |
26/06/2010 |
Active |
NO |
|
Name : |
Mr. Sanjeev
Kumar Marjara |
|
Designation : |
Whole Time Director |
|
Address : |
Opposite Narankari Bhawan, |
|
Date of Birth/Age : |
30.12.1973 |
|
Qualification : |
Engineering |
|
Date of Appointment : |
01.01.2005 |
|
DIN No.: |
00128144 |
Other Directorship:
|
S.
No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U51420PB1998PTC021641 |
AWING STEEL
FABRICATORS PRIVATE LIMITED |
Director |
07/10/2002 |
07/10/2002 |
Active |
NO |
|
2 |
U33111DL1992PLC154688 |
ALLENGERS
MEDICAL SYSTEMS LIMITED |
Whole-time
director |
01/04/2013 |
01/01/2005 |
Active |
NO |
|
Name : |
Mr. Sanjiv Kumar Goel |
|
Designation : |
Director |
|
Address : |
H. No. 137, Sector 4, Mansa Devi Complex, Panchkula-134114, Haryana,
India |
|
Date of Birth/Age : |
05.09.1955 |
|
Date of Appointment : |
21.03.2011 |
|
DIN No.: |
00053490 |
Other Directorship:
|
S.
No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U67120PB1994PLC014473 |
ZOOM MERCANTILE
AND FINANCE LIMITED |
Director |
22/01/1995 |
22/01/1995 |
- |
Active |
NO |
|
2 |
U70100HR2005PTC048599 |
BHAVYA REALTORS
PRIVATE LIMITED |
Director |
30/09/2008 |
19/01/2008 |
27/06/2011 |
Active |
NO |
|
3 |
U24219CH1996PTC018044 |
VENUS PESTICIDES
PRIVATE LIMITED |
Additional
director |
28/11/2008 |
28/11/2008 |
10/03/2009 |
Active |
NO |
|
4 |
U45209CH2010PTC032207 |
MARS HOMELAND
PRIVATE LIMITED |
Director |
05/05/2010 |
05/05/2010 |
- |
Active |
NO |
|
5 |
U33111DL1992PLC154688 |
ALLENGERS
MEDICAL SYSTEMS LIMITED |
Director |
30/09/2011 |
21/03/2011 |
- |
Active |
NO |
|
Name : |
Mr. Yash Pal Sharma |
|
Designation : |
Whole-time director |
|
Address : |
H. No. 3314, Sector 23-D, Chandigarh, India |
|
Date of Birth/Age : |
08.11.1961 |
|
Date of Appointment : |
01.04.2011 |
|
DIN No.: |
03513528 |
Other Directorship:
|
S.
No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U33111DL1992PLC154688 |
ALLENGERS
MEDICAL SYSTEMS LIMITED |
Whole-time
director |
01/04/2013 |
01/04/2011 |
Active |
NO |
|
Name : |
Rodolfo Gutierrez |
|
Designation : |
Director |
|
Address : |
10140, North West, 57th Street, Doral, Florida, USA |
|
Date of Birth/Age : |
20.02.1950 |
|
Date of Appointment : |
20.04.2013 |
|
DIN No.: |
06577181 |
Other Directorship:
|
S.
No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U33111DL1992PLC154688 |
ALLENGERS
MEDICAL SYSTEMS LIMITED |
Director |
30/09/2013 |
20/04/2013 |
Active |
NO |
|
Name : |
Mr. Gurdial Singh |
|
Designation : |
Director |
|
Address : |
H No.1052, Sector 22-B, Chandigarh, Uttar Pradesh, India |
|
Date of Birth/Age : |
11.03.1950 |
|
Date of Appointment : |
31.07.2013 |
|
DIN No.: |
06640482 |
Other Directorship:
|
S.
No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U33111DL1992PLC154688 |
ALLENGERS
MEDICAL SYSTEMS LIMITED |
Director |
30/09/2013 |
31/07/2013 |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Yash Pal Sharma |
|
Designation : |
Company Secretary |
|
Address : |
H No. 3314, Sector 23-D, |
|
Date of Birth/Age : |
08.11.1961 |
|
Date of Appointment : |
12.01.2009 |
|
PAN No.: |
AEYPS9737G |
|
|
|
|
Name : |
Ms. Shailly |
|
Designation : |
Accountant |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2013
|
Names of Shareholders |
No. of Shares |
|
Suresh Sharma |
8297000 |
|
Samidha Sharma |
1440000 |
|
M.S.Sharma |
12500 |
|
Satish Sharma |
5000 |
|
Lakshva Research and Development Private Limited, India |
230000 |
|
Sri Keshav Real Estate Private Limited, India |
20000 |
|
Awing Steel Fabricators Private Limited, India |
485000 |
|
Rajinder Singh Kanwar |
10000 |
|
Sanjeev Kumar |
15000 |
|
Suresh Sharma and Sons (HUF) |
655000 |
|
Rishab Sharma |
105410 |
|
Neelam Sharma |
30210 |
|
Wampum Finance Private Limited, India |
300000 |
|
Hisam Singh |
5000 |
|
Krishan Chand Sharma |
5000 |
|
Ateet Raj Awasthi |
5000 |
|
Vikram Verma |
5000 |
|
Sanjeev K Sharma |
5000 |
|
Ajay Kamboj |
5000 |
|
Ashok Bhatti |
5000 |
|
Sanjay Paul Mahalwal |
5000 |
|
Prabir Kar |
5000 |
|
Yashoudey Jain |
5000 |
|
Rajeev Kumar Dubey |
5000 |
|
Rajesh Kumar Sharma |
3750 |
|
Sanjeev Puri |
2500 |
|
Roohi Puri |
2500 |
|
Sanjeev Kumar Grover |
2500 |
|
Sunil Gautam |
2500 |
|
Rajiv Kumar Tiwari |
2500 |
|
Ashu Goel |
2500 |
|
Rakesh Kumar Bhatt |
1500 |
|
Yash Pal Sharma |
750 |
|
Ram Kishan Sharma |
500 |
|
Surendra Singh Sharma |
1250 |
|
Sanjeev Kumar |
1100 |
|
City Centre Hotels
Private Limited, Chandigarh, India |
500000 |
|
TOTAL
|
12183970 |
AS ON 30.09.2013
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Foreign holdings( Foreign institutional investor(s), Foreign
companie(s) Foreign financial institution(s), Non-resident Indian(s) or
Overseas Corporate bodies or Others |
0.25 |
|
Bodies corporate |
12.60 |
|
Directors or relatives of Directors |
86.51 |
|
Other top fifty shareholders |
0.64 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of X-rays based medical equipment’s. |
||||
|
|
|
||||
|
Products : |
|
||||
|
|
|
||||
|
Terms : |
|
||||
|
Selling : |
Cash, Credit |
||||
|
|
|
||||
|
Purchasing : |
Cash, Credit |
PRODUCTION STATUS AS ON 31.03.2011
|
Particulars |
Unit |
Actual
Production |
|
X-Rays Machines |
Nos. |
1211 |
|
C-Arm Image Intensifier |
Nos. |
715 |
|
Lithotripter |
Nos. |
27 |
|
Mobile Cath Lab |
Nos. |
11 |
|
Mammography |
Nos. |
32 |
|
DR System |
Nos. |
1 |
|
DSA |
Nos. |
1 |
|
Others |
Nos. |
124 |
GENERAL INFORMATION
|
Customers : |
·
Wholesalers ·
Retailers |
|||||||||||||||
|
|
|
|||||||||||||||
|
No. of Employees : |
900 (Approximately) |
|||||||||||||||
|
|
|
|||||||||||||||
|
Bankers : |
·
Citi Bank, Citi Markets and Banking, Ground
Floor, Ludhiana Stock Exchange Building, Ludhiana - 141001, Punjab, India ·
Centurion Bank Limited, Chandigarh, India ·
HDFC Bank, Chandigarh Branch ·
ICICI Bank Limited, Landmark Race Cource
Circle, Alkapuri, Baroda-390015, Gujarat, India ·
Punjab National Bank, S. C. F. 1/2/3, Sector 28
C, Chandigarh – 160028, India Tel
No.: 0172-2650778/, 2656099 ·
Oriental Bank of Commerce, Chandigarh, India |
|||||||||||||||
|
|
|
|||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Kansal Singla and Associates Chartered Accountants |
|
Address : |
503-04, Rattan Jyoti, 18, |
|
Tel. No.: |
91-11-41538010 |
|
Fax No.: |
91-11-41538011 |
|
E-Mail : |
|
|
PAN.: |
AAAFK9144R |
|
|
|
|
Joint Venture Company : |
Allengers South
Africa Pty Limited |
|
|
|
|
Associates : |
City Centre
Hotels Private Limited CIN No.:- U55101CH1998PTC021577 Lakshya Research
And Development Private Limited CIN No.:- U73100PB2002PTC025348 Allengers Global
Healthcare Private Limited CIN No.:- U24239DL2004PTC129158 Sri Keshav Real
Estates Private Limited CIN No.:- U70101CH2002PTC025083 Allengers
Infotech Private Limited CIN No.:- U72200MH2009PTC189304 Awing Steel
Fabricators Private Limited CIN No.:- jcU51420PB1998PTC021641 ·
American Meditech Inc, India ·
Medistone Inc ·
American Meditech INC, USA |
CAPITAL STRUCTURE
AS ON 31.03.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20000000 |
Equity Shares |
Rs.10/- each |
Rs. 200.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
12183970 |
Equity Shares |
Rs.10/- each |
Rs. 121.840
Millions |
|
|
|
|
|
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 |
121.840 |
121.840 |
116.840 |
|
(b) Reserves & Surplus |
444.776 |
322.136 |
230.552 |
|
(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) |
566.616 |
443.976 |
347.392 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
9.046 |
8.918 |
8.918 |
|
(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) |
9.046 |
8.918 |
8.918 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
178.594 |
114.358 |
122.403 |
|
(b) Trade payables |
176.557 |
158.689 |
140.901 |
|
(c) Other current
liabilities |
153.538 |
138.452 |
122.031 |
|
(d) Short-term provisions |
40.549 |
21.811 |
17.454 |
|
Total Current Liabilities (4) |
549.238 |
433.310 |
402.789 |
|
|
|
|
|
|
TOTAL |
1124.900 |
886.204 |
759.099 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
116.852 |
102.875 |
98.845 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
0.000 |
2.446 |
3.883 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
6.757 |
0.487 |
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 |
123.609 |
105.808 |
102.728 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
416.974 |
232.570 |
189.084 |
|
(c) Trade receivables |
441.846 |
420.906 |
336.053 |
|
(d) Cash and cash
equivalents |
28.098 |
34.009 |
30.882 |
|
(e) Short-term loans and
advances |
114.373 |
92.911 |
100.352 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total Current Assets |
1001.291 |
780.396 |
656.371 |
|
|
|
|
|
|
TOTAL |
1124.900 |
886.204 |
759.099 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
1803.773 |
1488.481 |
1219.477 |
|
|
|
Other Income |
6.841 |
5.398 |
1.303 |
|
|
|
TOTAL (A) |
1810.614 |
1493.879 |
1220.780 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Material Consumed |
1202.608 |
966.415 |
819.813 |
|
|
|
Employee benefits expenses |
224.412 |
167.341 |
126.383 |
|
|
|
Other Expenses |
253.174 |
221.837 |
175.466 |
|
|
|
Changes in inventories of Finished goods, work in progress and stock
in trade |
(69.742) |
(18.946) |
(30.215) |
|
|
|
Prior Period Items |
(0.257) |
(0.133) |
(0.060) |
|
|
|
TOTAL (B) |
1610.195 |
1336.514 |
1091.387 |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
200.419 |
157.365 |
129.393 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
20.353 |
15.103 |
9.773 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
180.066 |
142.262 |
119.620 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
14.128 |
11.789 |
9.365 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
165.938 |
130.473 |
110.255 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
29.043 |
25.857 |
2.352 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
136.895 |
104.616 |
107.903 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
11.24 |
8.61 |
9.46 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
7.56
|
7.00 |
8.84 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
9.20
|
8.77 |
9.04 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
14.84
|
14.77 |
14.60 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.29
|
0.29 |
0.32 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.32
|
0.26 |
0.35 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.82
|
1.80 |
1.63 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
Yes |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
11] |
Turnover of firm for last
three years |
Yes |
|
12] |
Profitability for last
three years |
Yes |
|
13] |
Reasons for variation
<> 20% |
----- |
|
14] |
Estimation for coming
financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details
(if applicable) |
No |
|
21] |
Market information |
----- |
|
22] |
Litigations that the firm
/ promoter involved in |
----- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
Yes |
|
25] |
Conduct of the banking
account |
----- |
|
26] |
Buyer visit details |
----- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if
applicable |
Yes |
|
29] |
Last accounts filed at
ROC |
Yes |
|
30] |
Major Shareholders, if
available |
Yes |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
Yes |
|
Unsecured Loan |
Rs.
In Millions 31.03.2013 |
Rs.
In Millions 31.03.2012 |
|
Short Term Borrowings
|
|
|
|
Loans taken for fixed assets |
10.320 |
10.234 |
|
|
|
|
|
TOTAL |
10.320 |
10.234 |
VIEW INDEX OF
CHARGES
|
S. No |
Charge ID |
Date of Charge Creation /Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN |
|
1 |
10458184 |
25/09/2013 |
3,025,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI,
BARODA, GUJARAT - 390015, INDIA |
B88773148 |
|
2 |
10434859 |
28/06/2013 |
1,130,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER
PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B78750312 |
|
3 |
10438061 |
25/05/2013 |
25,000,000.00 |
PUNJAB NATIONAL BANK |
S.C.F. 1-2-3, Sector 28 C, CHANDIGARH,
CHANDIGARH |
B80135445 |
|
4 |
10425749 |
17/04/2013 |
900,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER
PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B75143289 |
|
5 |
10422056 |
22/03/2013 |
1,071,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER
PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B73836504 |
|
6 |
10412161 |
20/02/2013 |
745,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER
PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B70891452 |
|
7 |
10399958 |
18/12/2012 |
1,900,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER
PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B66777293 |
|
8 |
10399962 |
13/12/2012 |
1,090,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER
PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B66778010 |
|
9 |
10259614 |
22/11/2013 * |
200,000,000.00 |
CITIBANK N.A |
JEEVAN BHARTI BUILDING, 4TH FLOOR, 124,
CONNAUGHT |
B92135623 |
|
10 |
80015715 |
28/09/2012 * |
60,000,000.00 |
PUNJAB NATIONAL BANK |
S.C.F. 1-2-3, SECTOR 28 C, CHANDIGARH,
CHANDIGARH |
B60528874 |
|
11 |
90177732 |
28/09/2012 * |
60,000,000.00 |
PUNJAB NATIONAL BANK |
S.C.F. 1-2-3, SECTOR 28 C, CHANDIGARH,
CHANDIGARH |
B60528486 |
|
12 |
90179817 |
28/09/2012 * |
110,000,000.00 |
PUNJAB NATIONAL BANK |
S.C.F. 1-2-3, SECTOR 28 C, CHANDIGARH,
CHANDIGARH |
B60529203 |
|
13 |
90177513 |
28/09/2012 * |
110,000,000.00 |
PUNJAB NATIONAL BANK |
S.C.F. 1-2-3, SECTOR 28 C, CHANDIGARH,
CHANDIGARH |
B60525177 |
|
14 |
90181965 |
23/08/1994 |
400,000.00 |
PANJAB NATIONAL BANK |
SECTIR 28, CHANDIGARH, CHANDIGARH, INDIA |
- |
|
* Date of charge modification |
||||||
NOTE
Registered office of the company has been shifted from SCO 71 Sector 20 C,
Chandigarh – 160020, Uttar Pradesh, India to the present address w.e.f.
11.09.2006
FIXED ASSETS
·
Land
·
Building
·
Plant and Machinery
·
Furniture and Fixture
·
Computer
·
Air Conditioner
·
Electric Equipment
·
Electric Fittings
·
Epbax
·
Water Cooler
·
Vehicles
·
D G Set
·
Office Equipment
·
Tube Well
·
Air Pollution Control Equipment
·
Weighing Scales
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist organization
or whom notice had been received that all financial transactions involving
their assets have been blocked or convicted, found guilty or against whom a
judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No exist to suggest that subject is or was
the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No exist to suggest that the property or assets of the subject are
derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 62.18 |
|
|
1 |
Rs. 102.31 |
|
Euro |
1 |
Rs. 84.49 |
INFORMATION DETAILS
|
Information
Gathered by : |
NAY |
|
|
|
|
Report Prepared
by : |
DPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
49 |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.