MIRA
INFORM REPORT
IDENTIFICATION DETAILS
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Name : |
EXCEL FOODS PRIVATE LIMITED |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
BLRE03781B |
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PAN No.: [Permanent Account No.] |
AAACE4047J |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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Not Divulged |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Processor of Juices, Beverages,
Other Drinks etc. |
GENERAL INFORMATION
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No. of Employees : |
Not Divulged |
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Bankers : |
· State Bank of India, Anjuman Complex, Commercial Branch, Station Road, Hubli - 580020, Karnataka, India ·
Indian Bank |
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Facilities : |
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Banking
Relations : |
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Financial Institution : |
The Karnataka State Financial Corporation, Pune- Bangalore Road, Rayapur, Hubli - 580009, Karnataka, India |
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Auditors : |
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Name : |
Sheshgiri B Kulkarni Chartered Accountant |
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Address : |
204, 2nd Floor, Centre Point, Opposite Sanje Vani, New Cotton Market,
Hubli – 580029, Karnataka, India |
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Income-tax
PAN of auditor or auditor's firm : |
AGQPK8141A |
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Subsidiary Company : |
Sudarshan Agro Products Private Limited U40107KA1991PTC012055 |
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Associate Company : |
Tropicool Foods Private Limited
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
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Names of Shareholders |
No. of Shares |
Percentage of Holding |
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Verma Shakuntala |
1000 |
11.80 |
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Kanoor Madhavan Prakash |
1112 |
13.13 |
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Kanoor Madhavan Pradeep |
402 |
4.75 |
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Patiah Kochu Madhavan |
602 |
7.11 |
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Kanoor Prakash Arjun |
424 |
5.00 |
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Kanoor Prakash Pooja |
424 |
5.00 |
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Kanoor Pradeep Bharat |
424 |
5.00 |
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Nitya Kanoor |
424 |
5.00 |
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Vishal |
673 |
7.94 |
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Gouri Rajendran |
2987 |
35.26 |
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Total |
8472 |
100.00 |
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 |
0.847 |
0.847 |
0.847 |
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(b) Reserves & Surplus |
35.244 |
29.187 |
23.906 |
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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) |
36.091 |
30.034 |
24.753 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
1.189 |
1.457 |
0.000 |
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(b) Deferred tax liabilities (Net) |
2.228 |
2.177 |
2.498 |
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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) |
3.417 |
3.634 |
2.498 |
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(4)
Current Liabilities |
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(a)
Short term borrowings |
59.883 |
68.606 |
9.801 |
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(b)
Trade payables |
18.390 |
14.228 |
4.846 |
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(c)
Other current liabilities |
5.112 |
3.817 |
0.208 |
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(d) Short-term
provisions |
5.096 |
4.454 |
2.458 |
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Total Current
Liabilities (4) |
88.481 |
91.105 |
17.313 |
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TOTAL |
127.989 |
124.773 |
44.564 |
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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 |
27.119 |
24.912 |
24.413 |
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(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
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(iii) Capital
work-in-progress |
0.154 |
0.238 |
0.175 |
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(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
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(b) Non-current Investments |
3.142 |
3.142 |
3.142 |
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(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
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(d) Long-term Loan and Advances |
0.412 |
0.412 |
1.207 |
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(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
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Total Non-Current
Assets |
30.827 |
28.704 |
28.937 |
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(2)
Current assets |
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(a)
Current investments |
0.143 |
0.052 |
0.053 |
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(b)
Inventories |
43.833 |
66.859 |
8.949 |
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(c)
Trade receivables |
43.215 |
23.945 |
3.496 |
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(d) Cash
and cash equivalents |
0.924 |
1.559 |
1.267 |
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(e)
Short-term loans and advances |
9.047 |
3.654 |
1.862 |
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(f)
Other current assets |
0.000 |
0.000 |
0.000 |
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Total
Current Assets |
97.162 |
96.069 |
15.627 |
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TOTAL |
127.989 |
124.773 |
44.564 |
PROFIT & LOSS
ACCOUNT
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PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
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Income |
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170.027 |
80.990 |
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Other Income |
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0.231 |
0.270 |
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TOTAL |
237.992 |
170.258 |
81.260 |
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Less |
EXPENSES |
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TOTAL |
223.850 |
158.987 |
74.827 |
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PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
14.142 |
11.271 |
6.433 |
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Less/ Add |
DEPRECIATION/
AMORTISATION |
5.358 |
3.715 |
3.895 |
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PROFIT BEFORE
TAX |
8.784 |
7.556 |
2.538 |
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Less |
TAX |
2.727 |
2.275 |
0.794 |
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PROFIT AFTER TAX |
6.057 |
5.281 |
1.744 |
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Earnings Per
Share (Rs.) |
714.94 |
623.35 |
205.85 |
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RATING & COMMENTS
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MIRA’s Rating : |
B (33) |
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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 : |
Slow but correct |
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Litigation : |
Clear |
RBI DEFAILTERS’ 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 : |
# 202, 2nd Floor, Sadath Court, 5 & 6, Magrath Road, Bangalore – 560025, Karnataka, India |
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Tel. No.: |
91-836-2310431/ 2310341 |
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Fax No.: |
91-836-2310431 |
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E-Mail : |
Note:
The Registered office of the company has been shifted from Plot No. 47, Kiadb, Tarahali Industrial Estate, Hubli - 580030, Karnataka, India to the present address w.e.f. 06.08.2011.
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.