MIRA INFORM REPORT

IDENTIFICATION DETAILS

Name :	RAMKAMAL CHEMICALS PRIVATE LIMITED
Country :	India
Financials (as on) :	31.03.2013
Legal Form :	Private Limited Liability Company
No. of Employees :	50 (Approximately)

BUSINESS DETAILS

Line of Business :	Manufacturer of all types of Chemical Solvents.
Terms :
Selling :	Cash and Credit
Purchasing :	Cash and Credit

GENERAL INFORMATION

Customers :

Wholesalers and End Users

No. of Employees :

50 [Approximately]

Bankers :

Dena Bank, Sharda Bhuvan, V.M. Road, Juhu-Vile Parle (West), Mumbai-400056, Maharashtra, 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 Dena Banks [Secured against plant and machinery]	16.372	22.379
TOTAL	16.372	22.379
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	10.854	21.316
Loan From Others	0.500	3.863
TOTAL	11.354	25.179

Banking Relations :	--
Auditors :
Name :	Shetty Naik and Associates Chartered Accountants
Address :	31, Dadhuban Industrial Estate, Plot No. 30, Off Mahakali Caves Road, Andheri (East), Mumbai-400093, Maharashtra, India
PAN No:	AAYFS4893F

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 20.07.2013

Names of Shareholders	No. of Shares
Annex Pharmaceutical and Chemicals Private Limited, India	765000
Sahabuddin Sirajuddin Khan	245000
Sadruddin Sirajuddin Khan	245000
Sirajuddin Satraj Khan	245000
TOTAL	1500000

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	15.000	0.500	0.500
(b) Reserves & Surplus	14.844	(0.093)	(1.451)
(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)	29.844	0.407	(0.951)
(3) Non-Current Liabilities
(a) Long-term borrowings	27.726	47.558	17.810
(b) Deferred tax liabilities (Net)	0.316	0.197	0.000
(c) Other long term liabilities	21.555	7.676	0.000
(d) Long-term provisions	7.143	0.410	0.000
Total Non-current Liabilities (3)	56.740	55.841	17.810
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	11.085	8.093	0.000
(c) Other current liabilities	25.084	6.601	1.334
(d) Short-term provisions	2.559	0.276	0.001
Total Current Liabilities (4)	38.728	14.970	1.335
TOTAL	125.312	71.218	18.194
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	46.074	45.967	7.208
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	5.582
(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	1.133	1.460	0.424
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	47.207	47.427	13.214
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	38.144	11.175	0.000
(c) Trade receivables	15.727	9.219	0.000
(d) Cash and cash equivalents	0.223	0.649	0.102
(e) Short-term loans and advances	17.209	0.915	4.055
(f) Other current assets	6.802	1.833	0.823
Total Current Assets	78.105	23.791	4.980
TOTAL	125.212	71.218	18.194

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	356.616	44.580	0.000
		Other Income	0.011	0.000	0.000
		TOTAL (A)	356.627	44.580	0.000
Less	EXPENSES
		Cost of Materials Consumed	280.765	25.466	0.000
		Employee Benefits Expenses	8.565	0.669	0.000
		Other Expenses	34.203	11.178	0.000
		TOTAL (B)	323.533	37.313	0.000
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		33.094	7.267	0.000
Less	FINANCIAL EXPENSES (D)		5.055	2.503	0.000
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		28.039	4.764	0.000
Less/ Add	DEPRECIATION/ AMORTISATION (F)		6.250	2.800	0.000
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		21.789	1.964	0.000
Less	TAX (H)		6.852	0.607	0.000
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		14.937	1.357	0.000
	Earnings / (Loss) Per Share (Rs.)		11.48	27.16	--

RATING & COMMENTS

MIRA’s Rating :

B (35)

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 DEFAULTERS’ LIST STATUS

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

LOCATIONS

Registered Office :	C9, Kumar Sadan, Near Karthika High School, New Hall Road, Kurla (West), Mumbai-400070, Maharashtra, India
Tel. No.:	Not Available
Mobile No.:	91-8805937100 [Mr. Santosh Phadnis]
Fax No.:	Not Available
E-Mail :	shphandnis@ramkamalchemicals.com sna@snachartereds.com
Website :	http://www.ramkamalchemicals.com
Factory :	Plot No. 77, MIDC, Kurkumbh, Daund, Pune-413802, Maharashtra, India

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