MIRA INFORM REPORT

IDENTIFICATION DETAILS

Name :	SUN BROADCAST EQUIPMENTS PRIVATE LIMITED

Country :	India

Financials (as on) :	31.03.2013

TAN No.: [Tax Deduction & Collection Account No.]	DELS19530A

PAN No.: [Permanent Account No.]	AAGCS4766E

Legal Form :	Private Limited Liability Company

No. of Employees :	Not Divulged

BUSINESS DETAILS

Line of Business :

Importer and Dealer of Broadcasting Equipments.

GENERAL INFORMATION

No. of Employees :

Not Divulged

Bankers :

HDFC Bank Limited
ICICI Bank Limited
The Jammu and Kashmir Bank Limited

Facilities :

Secured Loan	As on 31.03.2013 [Rs. In Millions]	As on 31.03.2012 [Rs. In Millions]
LONG TERM BORROWINGS
Term Loans (i) From Banks
The Jammu and Kashmir Bank Limited (against hypothecation of stock and debtors)	0.000	17.761
(ii) From Others A.K. Capital Finance Private Limited (against Subservient charge on all Fixed Assets)	100.000	50.000
SHORT TERM BORROWINGS
Short-term maturities of finance lease obligations
HDFC Bank Limited. (against Car)	0.000	0.109
ICICI Bank Limited. (against Car)	4.373	0.000

Total	104.373	67.870


Banking Relations :

Auditors :
Name :	A.K. Batra and Associates Chartered Accountants
Address :	A-36, First Floor, Ring Road, Rajouri Garden, New Delhi – 110027, India
Tel. No.:	91-11-25161015 / 25161016
PAN.:	AAAFA7179A

Associates Company :	Sun Itech and Broadcast Private Limited U32204DL2009PTC195660 Sun Infonet Private Limited Sun Info India Private Limited Sun Medical Systems Private Limited Yes Infradevelopers Private Limited Blueplanet Infradevelopers Private Limited Ellora Properties Private Limited Delhi Overseas Private Limited DFS Enterprises Private Limited Genious Cables Private Limited Genious Paper Private Limited

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on: 25.09.2013

Names of Shareholders		No. of Shares
Kush Malik		45000
Luv Malik		50000
Sunil Malik		5000

TOTAL		100000

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	1.000	1.000	1.000
(b) Reserves & Surplus	60.140	37.934	28.731
(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)	61.140	38.934	29.731

(3) Non-Current Liabilities
(a) long-term borrowings	100.000	67.761	15.638
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(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)	100.000	67.761	15.638

(4) Current Liabilities
(a) Short term borrowings	4.373	0.109	0.377
(b) Trade payables	548.348	60.556	64.054
(c) Other current liabilities	18.220	3.381	5.365
(d) Short-term provisions	10.841	4.753	4.605
Total Current Liabilities (4)	581.782	68.799	74.401

TOTAL	742.922	175.494	119.770

II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	7.704	3.257	3.880
(ii) Intangible Assets	0.000	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	7.852	7.852	7.852
(c) Deferred tax assets (net)	0.396	0.359	0.311
(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	15.952	11.468	12.043

(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	13.171	15.354	8.550
(c) Trade receivables	71.774	92.127	48.151
(d) Cash and cash equivalents	579.638	40.866	42.461
(e) Short-term loans and advances	62.387	15.679	8.565
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	726.970	164.026	107.727

TOTAL	742.922	175.494	119.770

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	770.361	406.577	305.302
		Other Income	4.974	1.670	1.282
		TOTAL	775.335	408.247	306.584

Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses
		TOTAL	742.429	394.197	293.026

	PROFIT BEFORE TAX		32.906	14.050	13.558

Less	TAX		10.700	4.847	4.531

	PROFIT AFTER TAX		22.206	9.203	9.027

	EARNINGS IN FOREIGN CURRENCY		25.514	76.403	34.331

	VALUE OF IMPORTS		78.499	220.034	110.573

	Earnings Per Share (Rs.)		222.06	92.03	90.27

FINANCIAL RESULTS

The Company has earned a profit of Rs. 32.906 Millions (Previous Year profit of Rs. 14.050 Millions) during the year.

RATING & COMMENTS

MIRA’s Rating :

Ba (44)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory

Payment Behaviour :	Slow but correct

Litigation :	Clear

RBI DEFAILTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

LOCATIONS

Registered Office :	2/5, West Patel Nagar, New Delhi - 110008, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	vishal@sungroup.net init@sungroup.net akbcain@yahoo.com
Website :	http://www.sungroup.net

Head Office :	3/31, 3rd Floor, West Patel Nagar, New Delhi - 110008, India
Tel. No.:	91-11-25889728-31
Fax No.:	91-11-25889252/ 25887824

Service Center :	16/5, 2^nd Floor, W.E.A Karol Bagh, New Delhi – 110 005, India
Tel. No.:	91-11- 45019907-09
Fax No.:	91-11-45019966
E-Mail :	service@sungroup.net

Sales / Service :	Located At: Mumbai Kolkata Hyderabad Chennai

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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.