MIRA
INFORM REPORT
IDENTIFICATION DETAILS
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Name : |
HELICAL AUTO TECHNOLOGY INDIA PRIVATE LIMITED |
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Country : |
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Financials (as
on) : |
31.12.2011 [Summarized] |
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TAN No.: [Tax Deduction &
Collection Account No.] |
PNEH05338E |
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PAN No.: [Permanent Account No.] |
AABCH6955P |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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Information denied by the management |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Exporter of Actuators and Valve Rotators for large
diesel and gas Engine. |
GENERAL INFORMATION
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No. of Employees : |
Information denied by the management |
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Bankers : |
· IDBI Bank Limited ·
HDFC Bank Limited ·
AXIS Bank ·
HSBC Bank |
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Facilities : |
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Banking
Relations : |
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Auditors : |
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Name : |
N. R Dhavalikar and Company Chartered Accountants |
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Address : |
45/5A, Nimit Co-operative Society, Flat No. 2, Karve Nagar,
Pune-411052, |
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Tel. No.: |
91-20-24494795 |
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PAN No: |
ABDPD7300G |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 15.03.2012
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Names of Shareholders |
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No. of Shares |
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Helical Technology Limited, UK |
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1930505 |
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Geradrd Anthony Harold Cookson |
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432990 |
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Charles Mills James Morris |
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20750 |
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Alistair Mills James Morris |
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20750 |
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Vibhas Nilakanth Ambekar |
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500 |
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TOTAL
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2405495 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
SUMMARIZED FIGURES
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PARTICULAR |
31.12.2011 |
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Share Capital |
24.055 |
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Reserves and Surplus |
34.255 |
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Long Term Borrowings |
16.420 |
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Deferred Tax Liabilities |
3.297 |
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Other Long Term Liabilities |
0.718 |
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Long Term Provision |
0.588 |
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Short Term Borrowings |
21.944 |
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Trade Payable |
93.261 |
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Other Current Liabilities |
3.844 |
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Short Term Provision |
14.000 |
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Tangible Assets |
51.054 |
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Intangible Assets |
0.985 |
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Capital Work in Progress |
18.067 |
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Loans and Advances |
16.518 |
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Inventories |
58.736 |
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
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31.12.2010 |
31.12.2009 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
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24.055 |
24.055 |
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2] Share Application Money |
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0.000 |
0.000 |
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3] Reserves & Surplus |
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6.001 |
0.000 |
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4] (Accumulated Losses) |
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0.000 |
0.000 |
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NETWORTH |
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30.056 |
24.055 |
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LOAN FUNDS |
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1] Secured Loans |
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5.506 |
0.414 |
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2] Unsecured Loans |
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32.106 |
23.769 |
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TOTAL BORROWING |
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37.612 |
24.183 |
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DEFERRED TAX LIABILITIES |
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2.438 |
0.000 |
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TOTAL |
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70.106 |
48.238 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
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38.980 |
30.782 |
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Capital work-in-progress |
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2.335 |
0.000 |
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INVESTMENT |
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0.000 |
0.000 |
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DEFERRED TAX ASSETS |
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0.000 |
3.069 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
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29.371 |
21.144 |
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Sundry Debtors |
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51.246 |
21.890 |
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Cash & Bank Balances |
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12.357 |
6.400 |
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Other Current Assets |
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5.965 |
5.326 |
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Loans & Advances |
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2.930 |
3.524 |
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Total
Current Assets |
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101.869 |
58.284 |
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Less : CURRENT LIABILITIES & PROVISIONS |
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Sundry Creditors |
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Other Current Liabilities |
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61.339 |
51.372 |
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Provisions |
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11.877 |
3.812 |
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Total
Current Liabilities |
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73.216 |
55.184 |
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Net Current Assets |
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28.653 |
3.100 |
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MISCELLANEOUS EXPENSES |
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0.138 |
11.287 |
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TOTAL |
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70.106 |
48.238 |
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PROFIT & LOSS
ACCOUNT
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PARTICULARS |
31.12.2011 |
31.12.2010 |
31.12.2009 |
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GROSS REVENUE |
295.593 |
162.364 |
423.182 |
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Less |
EXPENSES |
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TOTAL |
NA |
NA |
NA |
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PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
48.867 |
29.048 |
(2.233) |
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Less/ Add |
DEPRECIATION/
AMORTISATION |
2.525 |
1.906 |
1.187 |
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PROFIT / (LOSS)
BEFORE TAX |
46.342 |
27.142 |
(3.420) |
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Less |
TAX |
18.088 |
10.098 |
0.791 |
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PROFIT / (LOSS) AFTER
TAX |
28.254 |
17.044 |
(4.211) |
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Earnings /
(Loss) Per Share (Rs.) |
11.75 |
7.09 |
-- |
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RATING & COMMENTS
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MIRA’s Rating : |
B (27) |
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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 : |
Unknown |
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Litigation : |
Clear |
RBI DEFAULTERS’ 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 / Factory : |
Gat No. 115, 116, 117, Village Ambedwet, Taluka Mulshi, Pune-412108,
Maharashtra, India |
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Tel. No.: |
91-20-67960600 |
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Fax No.: |
91-20-67960679 |
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E-Mail : |
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Website : |
NOTE: The registered
office of the company has been shifted from General Block, Plot No. 88, Pimpari
Industrial Estate, MIDC, Bhosari, Pune-411026, Maharashtra, India to the
present address w.e.f. 25.04.2013.
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.