MIRA
INFORM REPORT
IDENTIFICATION DETAILS
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Name : |
PSL ENGINEERING PRIVATE LIMITED |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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PAN No.: [Permanent Account No.] |
AAACP5284G |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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Information denied by management |
BUSINESS DETAILS
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Line of Business : |
Manufacturing of Air Conditioners, Chillers, Heat
Exchangers and Radiators. |
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Products : |
· Structural Steel Fabrication Division · Special Purpose Vehicle Division ·
Hydraulic Modular Trailor Division |
GENERAL INFORMATION
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Customers : |
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NTPC ·
Ashok Leyland ·
TATA Motors ·
BHEL ·
Thermax ·
L and T ·
MHI |
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No. of Employees : |
Information denied by management |
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Bankers : |
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Karnataka Bank Limited F-27/28, Sector-18, Noida
- 201301, ·
State Bank of ·
Loard Krishna Bank Limited, K-2, |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Rohtas and Hans Chartered Accountants |
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PAN
No. : |
AAEFR0072P |
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Associate Companies
/ Subsidiary Companies / Directors Interested : |
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Fedders Lloyd Corporation Limited CIN No.: L29299UP1957PLC021118 ·
Lloyd Electric and Engineering Private Limited CIN No.: L29120RJ1987PLC012841 ·
Airserco Private Limited CIN No.: U74899DL1986PTC026546 ·
Punj Technology Private Limited CIN No.: U29194DL2000PTC107894 |
MAJOR SHAREHOLDERS
As on 30.09.2013
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Names of Shareholders |
No. of Shares |
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Punj Ashok |
4830 |
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Punj Rani Sandhya |
1 |
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Punj Rani Maya |
5615 |
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Punj Renu |
50000 |
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Punj Raj Bharat |
50000 |
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Punj Prakash |
5782 |
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Punj Arjun |
3810 |
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Punj Keshav |
3810 |
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Punj Raj Brij |
63592 |
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Lloyd System Private Limited, India |
12560 |
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Lloyd Sales Private Limited, India |
460000 |
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Zenith Impex Private Limited, India |
228000 |
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Lloyd Manufacturing Private Limited, India |
112000 |
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Total |
1000000 |
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 |
100.000 |
100.000 |
100.000 |
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(b) Reserves & Surplus |
121.265 |
100.137 |
73.034 |
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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 |
30.000 |
30.000 |
30.000 |
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Total
Shareholders’ Funds (1) + (2) |
251.265 |
230.137 |
203.034 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
89.394 |
95.207 |
100.047 |
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(b) Deferred tax liabilities (Net) |
9.076 |
8.574 |
7.740 |
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(c) Other long term liabilities |
0.000 |
0.000 |
0.000 |
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(d) long-term provisions |
5.775 |
5.180 |
4.347 |
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Total Non-current Liabilities (3) |
104.245 |
108.961 |
112.134 |
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(4) Current Liabilities |
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(a) Short term borrowings |
100.762 |
124.182 |
68.466 |
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(b) Trade payables |
255.860 |
213.316 |
257.545 |
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(c) Other current
liabilities |
27.558 |
33.204 |
54.601 |
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(d) Short-term provisions |
18.700 |
10.200 |
9.560 |
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Total Current Liabilities (4) |
402.880 |
380.902 |
390.172 |
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TOTAL |
758.390 |
720.000 |
705.340 |
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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 |
105.173 |
110.426 |
114.512 |
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(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
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(iii) Capital
work-in-progress |
20.027 |
8.849 |
8.483 |
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(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
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(b) Non-current Investments |
40.113 |
40.113 |
40.050 |
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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 |
13.910 |
6.587 |
6.671 |
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(e) Other Non-current assets |
17.614 |
17.615 |
17.615 |
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Total Non-Current Assets |
196.837 |
183.590 |
187.331 |
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(2) Current assets |
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(a) Current investments |
0.000 |
0.000 |
0.000 |
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(b) Inventories |
174.061 |
214.135 |
267.172 |
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(c) Trade receivables |
267.651 |
197.027 |
145.605 |
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(d) Cash and cash
equivalents |
30.679 |
49.532 |
28.239 |
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(e) Short-term loans and
advances |
89.162 |
75.716 |
76.993 |
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(f) Other current assets |
0.000 |
0.000 |
0.000 |
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Total Current Assets |
561.553 |
536.410 |
518.009 |
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TOTAL |
758.390 |
720.000 |
705.340 |
PROFIT & LOSS
ACCOUNT
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PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
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SALES |
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Income |
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Other Income |
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TOTAL (A) |
1,607.781 |
1379.504 |
1260.743 |
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Less |
EXPENSES |
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TOTAL (B) |
1,562.264 |
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1228.370 |
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(including
finance and depreciation expenses) |
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PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
45.517 |
53.337 |
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Less |
FINANCIAL
EXPENSES (D) |
9.830 |
9.681 |
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PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)
(E) |
35.687 |
43.656 |
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Less |
DEPRECIATION/
AMORTISATION (F) |
5.557 |
5.519 |
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PROFIT/(LOSS)
BEFORE TAX (E-F) (G) |
30.130 |
38.137 |
32.373 |
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Less |
TAX (H) |
9.001 |
11.034 |
11.316 |
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PROFIT/(LOSS)
AFTER TAX (G-H) (I) |
21.129 |
27.103 |
21.057 |
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Earnings Per
Share (Rs.) |
21.13 |
27.10 |
21.06 |
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YEAR IN RETROSPECT
During the year, total income of the Company was Rs.1607.781 Millions as against Rs.1379.504 Millions in the previous year. The Company was able to earn a profit after tax for the year of Rs.21.129 Millions as against Rs.27.103 Millions during the previous year ended 31 st March, 2012.
RATING & COMMENTS
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MIRA’s Rating : |
Ba (45) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually 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 : |
10/1 Okhla Industrial Area, Phase-II, New Delhi – 110020, India |
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Tel. No. : |
91-11-40627200 |
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Fax No. : |
91-11-41609909 |
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E-Mail : |
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Website : |
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Corporate Office : |
159, Okhla Industrial Area , Phase – III
New Delhi – 110020, India |
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Tel. No. : |
91-11- 40627200, 40627200 |
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Factory : |
Plot No. 30, Sector – C, Maneri Indl Area, Tehsil - Niwas, District – Mandla - 481885, (Near Jabalpur), Madhya
Pradesh, India |
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Tel. No. : |
91-8349994280 |
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Jabalpur Office : |
106-D, Chawla Apartments, 312 Naiper Town, Jabalpur – 482001, Madhya Pradesh, India |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.