MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

SBM CHEMICALS AND INSTRUMENTS PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

MUMS35389E

 

 

PAN No.:

[Permanent Account No.]

AABCS4417M

 

 

Legal Form :

Private Limited Liability company

 

 

No. of Employees :

30 (Approximately)

 

BUSINESS DETAILS

 

Line of Business :

Trader of Rubber Chemical Product and Indenting agent of Tyre Company.

 

 

Products :

Rubber Chemicals and Equipments 

 

 

Imports :

 

Products :

Raw Material

Countries :

·         Thailand

·         Germany

 

 

Terms :

 

Selling :

Cash / L/C / Credit

 

 

Purchasing :

Cash / L/C / Credit

 

 

GENERAL INFORMATION

 

No. of Employees :

30 (Approximately)

 

 

Bankers :

HDFC Bank Limited, Worli, Mumbai, Maharashtra, India

 

 

 

Banking Relations :

---

 

 

Auditors :

 

Name :

Sorab S. Engineer And Company

Chartered Accountants

Address :

Ismail Building, 381 Dr. D. Naoroji Road, Fort, Mumbai – 400001, Maharashtra, India 

PAN No.:

AAAFS5191E

 

 

Subsidiaries :

Malaney Industries FZE

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 30.09.2013

 

Names of Equity Shareholders

 

No. of Shares

Manhar M Bhagat

 

248

Vishnu  Shamdas Malaney

 

10

Snehlata  Vishnu Malaney

 

10

Manisha Trading Investment, India   

 

124

Babubhai P Parikh

 

124

Ronil Vishnu  Malaney

 

23984

Total

 

24500

 

 

Names of Preference Shareholders

 

No. of Shares

Hardayalal T Dembla

 

1

Sheila M Malaney

 

1

V and S and S Malaney

 

1

Ronil Vishnu  Malaney

 

1

Asheesh V Malaney

 

1

Atmaram H Advani

 

1

Pushpa H Dembla

 

2

Vijay A Advani

 

1

V S Malaney Trust

 

1

Sonal Vijay Advani

 

1

Avinash V Advani

 

1

Sandesh V Advani

 

1

Vishnu  Shamdas Malaney

 

1

Patricia Ram Malaney

 

1

Drupati A Advani

 

1

Total

 

16

 

 

As on 30.09.2013

Equity Share Break up (Percentage of Total Equity)

 

Category

Percentage

Directors or relatives of Directors

98.48

Other top fifty shareholders

1.52

Total

100.00

 

 

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

2.452

2.452

2.452

(b) Reserves & Surplus

456.520

281.382

228.074

(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)

458.972

283.834

230.526

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

0.000

0.000

0.000

(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

2.394

3.410

0.000

Total Non-current Liabilities (3)

2.394

3.410

0.000

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

16.147

16.407

34.827

(b) Trade payables

14.493

12.152

16.360

(c) Other current liabilities

4.346

7.333

0.895

(d) Short-term provisions

0.077

0.000

87.819

Total Current Liabilities (4)

35.063

35.892

139.901

 

 

 

 

TOTAL

496.429

323.136

370.427

 

 

 

 

II.      ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

45.516

37.218

40.296

(ii) Intangible Assets

0.547

0.913

0.171

(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

78.712

55.231

0.000

(c) Deferred tax assets (net)

1.411

1.863

1.715

(d)  Long-term Loan and Advances

32.031

31.287

21.486

(e) Other Non-current assets

0.000

0.000

0.000

Total Non-Current Assets

158.217

126.512

63.669

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

23.427

(b) Inventories

9.303

16.240

29.458

(c) Trade receivables

6.455

8.031

7.507

(d) Cash and cash equivalents

63.750

58.278

6.738

(e) Short-term loans and advances

226.632

112.228

239.628

(f) Other current assets

32.072

1.847

0.000

Total Current Assets

338.212

196.624

306.758

 

 

 

 

TOTAL

496.429

323.136

370.427

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Income

 

73.327

35.224

 

 

Commossion

NA

97.245

65.635

 

 

Other Income

 

28.344

21.148

 

 

TOTAL                                     (A)

NA

198.916

122.007

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Office Expenses

53.743

22.240

 

 

Administrative Expenses

NA

37.249

20.614

 

 

Advertising Expenses

 

27.110

32.524

 

 

TOTAL                                     (B)

NA

118.102

75.378

 

 

 

 

 

Less

PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B)      (C)

NA

80.814

66.629

 

 

 

 

 

Less

FINANCIAL EXPENSES                         (D)

NA

0.294

3.289

 

 

 

 

 

 

PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)                                       (E)

NA

80.520

63.340

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                     (F)

NA

3.360

3.628

 

 

 

 

 

 

PROFIT BEFORE TAX (E-F)                               (G)

236.168

77.160

59.712

 

 

 

 

 

Less

TAX                                                                  (H)

61.030

23.852

20.821

 

 

 

 

 

 

PROFIT AFTER TAX (G-H)                                (I)

175.138

53.308

38.891

 

 

 

 

 

Add

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD

174.056

123.248

83.357

 

 

 

 

 

Less

APPROPRIATIONS

 

 

 

 

 

Transfer to General Reserve

0.000

2.500

0.000

 

BALANCE CARRIED TO THE B/S

349.194

174.056

123.248

 

 

 

 

 

 

EARNINGS IN FOREIGN CURRENCY

 

 

 

 

 

Commission Earnings

76..183

97.229

85.614

 

TOTAL EARNINGS

76..183

97.229

85.614

 

 

 

 

 

 

CIF VALUE OF IMPORTS

42.753

35.190

34.736

 

 

 

 

 

 

Earnings Per Share (Rs.)

7143.82

2175.84

1628.18

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (48)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually 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 :

701, Poonam Chambers, Shivsagar Industrial  Estate, Worli, Mumbai – 400 018, Maharashtra, India

Tel. No.:

91-22-24920913 / 40001300 / 30008800 / 01 / 02 / 24925964 / 300660900

Mobile No.:

91-9324779204 (Mr. N S Ganapathy)

Fax No.:

91-22-24650339 / 40001333 / 30008813 / 24950339 / 24961516

E-Mail :

ronil@malaney.com

ppcsbm@bom3.vsnl.net.in

info@malaney.com  

n.s.ganapathy@malaney.com

Website :

http://www.malaney.com

Area :

1800 Sq. ft.

Location :

Owned

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.