MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

DOZCO (INDIA) PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

CALD01356F / CAHD04029E

 

 

PAN No.:

[Permanent Account No.]

AABCD0776E

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

Not Available

 

 

BUSINESS DETAILS

 

Line of Business :

Sale of Equipments and Parts and Manufacturing of Rock Breakers, Chisels and Components.

 

 

GENERAL INFORMATION

 

No. of Employees :

Not Available

 

 

Bankers :

·         State Bank of India (Lead Bank), Commercial Branch, # 43-29-54/8, 1st Floor, Balaji Metro Chambers, Dondaparthy, Visakhapatnam - 530016, Andhra Pradesh, India

·         Indusind Bank Limited

·         ICICI Bank Limited

 

 

Facilities :

 

SECURED LOANS

31.03.2013

(Rs. In Millions)

31.03.2012

(Rs. In Millions)

LONG-TERM BORROWINGS

 

 

Other loans and advances

10.215

8.964

SHORT TERM BORROWINGS

 

 

Other loans and advances

356.648

486.561

 

 

 

Total

366.863

495.525

 

UNSECURED LOANS

31.03.2013

(Rs. In Millions)

31.03.2012

(Rs. In Millions)

LONG-TERM BORROWINGS

 

 

Loans and advances from related parties

42.035

24.488

Other external commercial borrowings

0.000

121.096

SHORT TERM BORROWINGS

 

 

Term loans from others

182.204

51.530

Intercorporate borrowings

164.017

54.087

 

 

 

Total

388.256

251.201

 

 

 

Auditors :

 

Name :

R K Periwal and Company

Chartered Accountants

Address :

165/1, Sarda Pally, Sector-2, Makhla, Hooghly – 712245, West Bengal, India

Income-tax PAN of auditor or auditor's firm :

AFNPP8149K

 

 

Associate Companies/ Entities :

·         Dozco Infratech Private Limited [U71220WB2006PTC109476]

GCB Finvest Private Limited

MGB Commercial Private Limited [U74950WB1993PTC060732]

Samsung Properties Private Limited [U70109WB1995PTC068174]

 

 

Subsidiary company :

Beijing Excon Equipment Company Limited

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 29.09.2012

 

NOTE: SHAREHOLDING DETAILS FILE ATTACHED

 

 

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

25.804

23.153

21.165

(b) Reserves & Surplus

868.126

714.977

595.790

(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)

893.930

738.130

616.955

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

52.250

154.548

169.594

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(c) Other long term liabilities

0.411

0.418

0.572

(d) long-term provisions

58.125

35.105

57.504

Total Non-current Liabilities (3)

110.786

190.071

227.670

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

702.869

592.178

189.480

(b) Trade payables

284.296

206.263

389.843

(c) Other current liabilities

93.492

96.204

101.500

(d) Short-term provisions

32.772

28.437

26.523

Total Current Liabilities (4)

1113.429

923.082

707.346

 

 

 

 

TOTAL

2118.145

1851.283

1551.971

 

 

 

 

II.    ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

311.337

216.088

159.565

(ii) Intangible Assets

0.551

0.551

0.551

(iii) Capital work-in-progress

16.644

6.766

25.575

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

40.154

40.154

40.154

(c) Deferred tax assets (net)

0.000

0.000

0.000

(d)  Long-term Loan and Advances

90.420

66.721

92.280

(e) Other Non-current assets

22.624

26.701

26.961

Total Non-Current Assets

481.730

356.981

345.086

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.034

0.032

(b) Inventories

1146.009

1041.181

660.600

(c) Trade receivables

360.063

302.440

412.084

(d) Cash and cash equivalents

14.608

43.840

113.962

(e) Short-term loans and advances

72.060

23.997

20.207

(f) Other current assets

43.675

82.810

0.000

Total Current Assets

1636.415

1494.302

1206.885

 

 

 

 

TOTAL

2118.145

1851.283

1551.971

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Revenue from operations

1566.300

1492.700

1455.500

 

 

Other Income

NA

NA

NA

 

 

TOTAL                                     (A)

NA

NA

NA

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

TOTAL                                     (B)

NA

NA

NA

 

 

 

 

 

Less

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

196.023

230.542

120.729

 

 

 

 

 

Less

FINANCIAL EXPENSES                         (D)

91.450

140.165

39.446

 

 

 

 

 

 

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

104.573

90.377

81.283

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                     (F)

22.050

19.477

16.346

 

 

 

 

 

 

PROFIT BEFORE TAX (E-F)                               (G)

82.523

70.900

64.937

 

 

 

 

 

Less

TAX                                                                  (H)

26.775

23.809

21.571

 

 

 

 

 

 

PROFIT AFTER TAX (G-H)                                (I)

55.748

47.091

43.366

 

 

 

 

 

Add

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD

40.696

34.023

25.609

 

 

 

 

 

Less

APPROPRIATIONS

 

 

 

 

 

Proposed Dividend

5.161

4.631

4.233

 

 

Dividend Tax

0.837

0.787

0.719

 

 

Transfer to General Reserve

40.000

35.000

30.000

 

BALANCE CARRIED TO THE B/S

50.446

40.696

34.023

 

 

 

 

 

 

EARNINGS IN FOREIGN CURRENCY

 

 

 

 

Export of Goods on F.O.B. Basis

 

104.784

18.482

 

 

Rebate/ Discount/ Incentive

 

29.466

31.947

 

 

Warrantee Claim

 

3.955

0.827

 

TOTAL EARNINGS

NA

138.205

51.256

 

 

 

 

 

 

IMPORTS

 

 

 

 

 

Material Purchased

NA

1045.447

696.065

 

 

 

 

 

 

Earnings Per Share (Rs.)

21.60

20.34

20.49

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (43)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

 

 

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 :

6, Waterloo Street, 3rd Floor, Room No. 309, Kolkata – 700069, West Bengal, India

Tel. No.:             

91-33-22489809/ 2082/ 22101930/ 22482082/ 22305943/ 40066560

Fax No.:

91-33-22480604

E-Mail :

kolkata@dozco.com

opbangur@dozco.com

mailto:dozkkbms@md3.vsnl.net.in 

mailto:ngbdozco@cal3.vsnl.net.in

info@dozco.com

chandrasekhar@dozco.com

Website :

http://www.dozco.com

 

 

Corporate Office :

Plot No. 243, Block D, Industrial Development Area, Auto Nagar, Visakhapatnam – 530012, Andhra Pradesh, India

Tel. No.:

91-891-2769681

Fax No.:

91-891-2769687

E-Mail :

vizag@dozco.com

 

 

Branch Offices :

Located at:

 

·         New Delhi

Guwahati

Udaipur

Dhanbad

Ahmedabad

Satna

Mumbai

Raipur

Bilaspur

Nagpur

Barbil

Bhopal

Barhi

Kota

Bhubaneshwar

Hyderabad

Bangalore

Chennai

 

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.