IDENTIFICATION DETAILS
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Name : |
NEWFIELD ENGINEERS PRIVATE LIMITED |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
BLRN04204E |
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PAN No.: [Permanent Account No.] |
AACCN5043P |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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Not Divulged |
BUSINESS DETAILS
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Line of Business : |
Manufacturer of Steel Rolling Mill Equipment/ Parts. |
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Brand Names : |
“NEWFIELD” |
PRODUCTION STATUS (AS ON 31.03.2013)
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Particular |
Installed
Capacity |
Actual
Production |
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All types of equipment’s/parts required for steel rolling mills |
Products Worth
Rs.500.000 Millions |
Ranging
Rs.250.000 to Rs.450.000 Millions |
GENERAL INFORMATION
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No. of Employees : |
Not Divulged |
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Bankers : |
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State Bank of State Bank of |
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Facilities : |
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Banking
Relations : |
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Auditors : |
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Name : |
R. N. Guptha Chartered Accountant |
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Address : |
A-15 And 8, 1st Floor, Vasavi Chambers, 21/1, Lalbagh Fort
Road, Near Minerva Circle, Bangalore – 560004, Karnataka, India |
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Tel. No.: |
91-80-26707408 |
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E-Mail : |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
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Names of Shareholders |
No. of Shares |
Percentage of
Holding |
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Sampath Kumar K.A. |
150000 |
60.00 |
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Ganesh Kumar D.K |
37500 |
15.00 |
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Khushi K.S. |
62500 |
25.00 |
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Total |
250000 |
100.00 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
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31.03.2013 |
31.03.2012 |
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I.
EQUITY
AND LIABILITIES |
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(1)Shareholders' Funds |
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(a) Share Capital |
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2.500 |
2.500 |
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(b) Reserves & Surplus |
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90.756 |
81.235 |
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(c) Money
received against share warrants |
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0.000 |
0.000 |
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(2) Share Application money pending allotment |
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0.000 |
0.000 |
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Total
Shareholders’ Funds (1) + (2) |
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93.256 |
83.735 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
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4.296 |
5.053 |
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(b) Deferred tax liabilities (Net) |
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1.359 |
0.918 |
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(c) Other long term liabilities |
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0.000 |
0.000 |
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(d) long-term provisions |
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0.000 |
0.000 |
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Total Non-current Liabilities (3) |
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5.655 |
5.971 |
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(4) Current Liabilities |
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(a) Short term borrowings |
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0.000 |
0.016 |
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(b) Trade payables |
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40.253 |
21.358 |
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(c) Other current
liabilities |
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115.049 |
123.773 |
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(d) Short-term provisions |
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0.000 |
0.000 |
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Total Current Liabilities (4) |
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155.302 |
145.147 |
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TOTAL |
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254.213 |
234.853 |
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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 |
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49.314 |
45.899 |
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(ii) Intangible Assets |
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1.355 |
1.082 |
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(iii) Capital
work-in-progress |
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0.000 |
0.000 |
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(iv)
Intangible assets under development |
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0.000 |
0.000 |
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(b) Non-current Investments |
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0.000 |
0.000 |
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(c) Deferred tax assets (net) |
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0.000 |
0.000 |
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(d) Long-term Loan and Advances |
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27.737 |
11.908 |
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(e) Other Non-current assets |
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0.000 |
0.000 |
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Total Non-Current Assets |
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78.406 |
58.889 |
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(2) Current assets |
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(a) Current investments |
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0.000 |
0.000 |
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(b) Inventories |
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85.126 |
69.020 |
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(c) Trade receivables |
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23.016 |
32.309 |
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(d) Cash and cash
equivalents |
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29.247 |
29.303 |
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(e) Short-term loans and
advances |
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0.000 |
0.000 |
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(f) Other current assets |
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38.418 |
45.332 |
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Total Current Assets |
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175.807 |
175.964 |
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TOTAL |
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254.213 |
234.853 |
PROFIT & LOSS ACCOUNT
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PARTICULARS |
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31.03.2013 |
31.03.2012 |
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SALES |
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Income |
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222.348 |
257.575 |
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Other Income |
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1.674 |
3.372 |
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TOTAL (A) |
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224.022 |
260.947 |
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Less |
EXPENSES |
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Purchase of Stock-in-trade |
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160.953 |
168.380 |
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Changes in Inventories of finished goods, work-in-progress and
stock-in-trade |
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(16.105) |
(22.005) |
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Employee Benefits Expenses |
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33.251 |
33.169 |
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Other Expenses |
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15.021 |
14.623 |
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TOTAL (B) |
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193.120 |
194.167 |
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Less |
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
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30.902 |
66.780 |
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Less |
FINANCIAL
EXPENSES (D) |
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0.876 |
0.516 |
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PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)
(E) |
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30.026 |
66.264 |
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Less |
DEPRECIATION/
AMORTISATION (F) |
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1.225 |
1.145 |
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PROFIT/(LOSS)
BEFORE TAX (E-F) (G) |
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28.801 |
65.119 |
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Less |
TAX (H) |
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9.760 |
21.348 |
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PROFIT/(LOSS) AFTER
TAX (G-H) (I) |
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19.041 |
43.771 |
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Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
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81.234 |
59.349 |
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Less |
APPROPRIATIONS |
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Provision For Dividend Tax |
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1.544 |
3.553 |
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Provision on Dividend |
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7.976 |
18.333 |
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BALANCE CARRIED
TO THE B/S |
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90.755 |
81.234 |
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Earnings Per
Share (Rs.) |
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76.17 |
175.08 |
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RATING & COMMENTS
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MIRA’s Rating : |
Ba (43) |
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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 : |
Slow but correct |
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Litigation : |
Clear |
RBI DEFAULTERS’ 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/Factory : |
No. 47, 4th Phase, Bommasandra Industrial Area,
Bangalore - 560099, Karnataka, India |
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Tel. No.: |
91-8110-415138/ 39/ 27839927 |
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Mobile No.: |
91-9342510022 (Mr. Manjunath Kundapur) |
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Fax No.: |
91-8110-415137 |
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E-Mail : |
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Website : |
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Area : |
22000 Sq Ft |
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Location : |
Rented |
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Branches : |
267/B, Bommasandra, Jigani Link Road, Industrial Area, Bangalore –
560107, Karnataka, India |
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Area : |
27500 Sq. Ft |
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Location : |
Owned |
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.