MIRA INFORM REPORT

IDENTIFICATION DETAILS

Name :	ATS CONVEYORS INDIA PRIVATE LIMITED
Country :	India
Financials (as on) :	31.03.2013
TAN No.: [Tax Deduction & Collection Account No.]	PNEA07595A
PAN No.: [Permanent Account No.]	AAFCA4457P
Legal Form :	Private Limited Liability Company
No. of Employees :	60 (Approximately)

BUSINESS DETAILS

Line of Business :	Manufacturer of Conveyors
Exports :
Products :	Conveyors
Countries :	¨ France ¨ Philippines
Imports :
Products :	Raw Material
Countries :	¨ Germany ¨ China
Terms :
Selling :	L/C, Cash and Credit (30-60 Days)
Purchasing :	L/C, Cash and Credit (30-60 Days)

PRODUCTION STATUS (AS ON 31.03.2011)

Particulars	Actual Production
Overhead conveyors	19056849
Floor conveyors	253243879
Electric monorail conveyors	7920479

GENERAL INFORMATION

Suppliers :	¨ Sew Euro Drive (India) Private Limited
Customers :	¨ Mahindra and Mahindra Limited
No. of Employees :	60 (Approximately)
Bankers :	Axis Bank Limited, 214-215, "City Mall", Near Pune University, Ganeshkhind Road, Pune - 411007, Maharashtra, India

Banking Relations :	--
Auditors :
Name :	B.D. Jokhakar and Company Chartered Accountants
Address :	8-Ambalal Doshi Marg, Fort, Mumbai – 400001, Maharashtra, India
Tel. No.:	91-22-22654882 / 22651731
Fax No.:	91-22-22657093
E-Mail :	bdj@bdjokhakar.com
Website:	www.bdjokhakar.com
PAN No.:	AADFB1729J
Holding Company :	¨ ATS Group SA
Associate Company :	¨ Appalette Tourtellier Systems (ATS)
Subsidiary of Holding Company :	¨ Hero Fordertechnik GmbH ¨ ATS T Conveyors

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2013

Names of Shareholders	No. of Shares	%age
Appalete Tourtellier Systems (ATS), Mulhouse Cedex	124297	15.00
ATS Group SA, Mulhouse Cedex	704349	85.00
Total	828646	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	8.286	8.286	8.286
(b) Reserves & Surplus	108.031	79.598	78.075
(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)	116.317	87.884	86.361
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	0.027	0.241	1.066
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	3.844	3.128	1.829
Total Non-current Liabilities (3)	3.871	3.369	2.895
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	3.115
(b) Trade payables	62.866	71.219	59.156
(c) Other current liabilities	64.594	51.124	20.945
(d) Short-term provisions	0.879	0.686	10.658
Total Current Liabilities (4)	128.339	123.029	93.874
TOTAL	248.527	214.282	183.130
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	14.353	9.793	11.539
(ii) Intangible Assets	11.378	13.114	14.579
(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	9.010	11.106	9.041
(e) Other Non-current assets	13.381	0.962	0.000
Total Non-Current Assets	48.122	34.975	35.159
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	41.869	20.156	14.561
(c) Trade receivables	102.744	116.914	107.857
(d) Cash and cash equivalents	39.125	31.616	14.356
(e) Short-term loans and advances	16.667	10.621	11.197
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	200.405	179.307	147.971
TOTAL	248.527	214.282	183.130

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income
		Other Income
		TOTAL	366.328	226.886	302.040
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses
		TOTAL	317.379	217.374	280.990
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		48.949	9.512	21.050
Less/ Add	DEPRECIATION/ AMORTISATION		5.970	5.305	4.260
	PROFIT/ (LOSS) BEFORE TAX		42.979	4.207	16.790
Less	TAX		14.545	2.685	4.131
	PROFIT/ (LOSS) AFTER TAX		28.434	1.522	12.659
	Earnings / (Loss) Per Share (Rs.)		34.31	1.84	15.28

Particulars	31.03.2014
Sales Turnover (Approximately)	540.000

The above information has been parted by Mr. Mr. Sanjay

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 :	Good
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 / Factory 1 :	Plot No. E-3/3/A, MIDC Chakan, Phase III, Kuruli Village, Taluka Khed, Pune – 410501, Maharashtra, India
Tel. No.:	91-2135-610170
Fax No.:	91-2135-610174
E-Mail :	ats@atsconveyors.com santoshranaware@atsconveyors.com dayananddalvi@atsconveyors.com
Website :	http://www.atsconveyors.com
Location :	Owned
Factory 2 :	Plot No. 302, Sector - 7, PCNTDA, Bhosari, Pune - 411026, Maharashtra, India

NOTE:

The registered address of the company has been shifted from Plot No 1/A, Sector No 10, PCNTDA, Bhosari, Pune – 411026, Maharashtra, India to the present address w.e.f. 24.01.2014

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