MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

CYBERNET IT PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

PNEC01557D

 

 

PAN No.:

[Permanent Account No.]

AABCC5138P

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

Not Divulged

 

BUSINESS DETAILS

 

Line of Business :

Service Provider for Computer Hardware and Peripherals.

 

 

GENERAL INFORMATION

 

No. of Employees :

Not Divulged

 

 

Bankers :

·         ING Vysya Bank Limited, 928, Mantri Centre, F.C. Road, Pune-411004, Maharashtra, India

·         ICICI Bank Limited, Landmark Race Cource Circle, Alkapuri, Baroda-390015, Gujarat, India

 

 

Facilities :

Secured Loan

As on 31.03.2013 [Rs. in Millions]

As on 31.03.2012

[Rs. in Millions]

Long Term Borrowings

 

 

Term Loans

 

 

From Banks – Cash Credit From IDBI Bank Limited

2.546

0.000

From Indusind Bank

16.711

0.000

From Bank – ICICI Bank OD

0.000

(0.005)

TOTAL

19.257

(0.005)

 

 

 

Unsecured Loan

As on 31.03.2013 [Rs. in Millions]

As on 31.03.2012

[Rs. in Millions]

Long Term Borrowings

 

 

Loans and Advances From Related Parties – Loan From Directors

4.109

4.222

TOTAL

4.109

4.222

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Kiran Kanani and Associates

Chartered Accountants

Address :

71A, Rasta Peth, Narshima Apartments, Pune-411011, Maharashtra, India

PAN No:

ACDPK5179R

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 30.09.2012

 

Names of Shareholders

 

No. of Shares

Arul Srinivasan

 

15000

Naresh Jamnadas Lalwani

 

15000

 

 

 

TOTAL

 

30000

 

 

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

3.000

3.000

3.000

(b) Reserves & Surplus

16.840

15.313

13.858

(c) Money received against share warrants

0.000

0.000

0.000

 

 

 

 

(2) Share Application money pending allotment

1.875

1.875

1.875

Total Shareholders’ Funds (1) + (2)

21.715

20.188

18.733

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

23.366

4.217

4.051

(b) Deferred tax liabilities (Net)

0.201

0.201

0.201

(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)

23.567

4.418

4.252

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

0.000

0.000

0.000

(b) Trade payables

19.011

24.130

74.334

(c) Other current liabilities

0.837

1.387

1.213

(d) Short-term provisions

0.177

0.046

0.000

Total Current Liabilities (4)

20.025

25.563

75.547

 

 

 

 

TOTAL

65.307

50.169

98.532

 

 

 

 

II.    ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

11.021

10.888

10.829

(ii) Intangible Assets

1.500

1.500

1.500

(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

0.000

0.000

0.000

(c) Deferred tax assets (net)

0.000

0.000

0.000

(d) Long-term Loan and Advances

1.796

1.035

0.959

(e) Other Non-current assets

0.000

0.000

0.000

Total Non-Current Assets

14.317

13.423

13.288

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

19.976

13.971

17.397

(c) Trade receivables

27.344

34.783

77.940

(d) Cash and cash equivalents

1.770

(13.492)

(11.944)

(e) Short-term loans and advances

0.000

0.000

0.000

(f) Other current assets

1.900

1.484

1.851

Total Current Assets

50.990

36.746

85.244

 

 

 

 

TOTAL

65.307

50.169

98.532

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Income

 

 

Other Income

 

 

 

 

 

TOTAL                                    

156.700

193.500

198.500

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

TOTAL                                    

155.477

194.584

197.126

 

 

 

 

 

 

PROFIT / (LOSS) BEFORE TAX

1.223

(1.084)

1.374

 

 

 

 

 

Less

TAX                                                                 

0.000

0.000

0.000

 

 

 

 

 

 

PROFIT / (LOSS) AFTER TAX

1.223

(1.084)

1.374

 

 

 

 

 

 

Earnings / (Loss) Per Share (Rs.)

40.77

(36.13)

--

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (32)

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

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 :

Office No. 205/206, Shrinath Plaza, 1184/4 Dnyaneshwar Paduka Chowk, Shivajinagar, Pune – 411004, Maharashtra, India

Tel. No.:

91-20-25539384/25539147/25520661

91-93250 94337 (sales)

91-9325093300 (Support)

91-9325094338 (HR)

Fax No.:

91-20-25520662

E-Mail :

sales@cybernetit.com (sales)

support@cybernetit.com (support)

recrption@cyberneti.com (HR)

Web Site:

www.cybernetit.com

 

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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.