MIRA
INFORM REPORT
IDENTIFICATION DETAILS
|
Name : |
NEULIFE NUTRITION SYSTEMS PRIVATE LIMITED |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMN18873B |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCN5767B |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
No. of Employees
: |
80 [Approximately] |
BUSINESS DETAILS
|
Line of Business : |
Trader and Distributor of Nutritional and Health Food
Supplements. |
|
|
|
|
Imports : |
|
|
Products : |
Nutritional and Health Food Supplements |
|
Countries : |
|
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
Customers : |
Wholesalers, Retailers and End Users |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
80 [Approximately] |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Bankers : |
· Citibank N. A. Trent House, 2nd Floor, G Block, Plot No.C60, Bandra Kurla
Complex, Bandra (East), Mumbai - 400051, Maharashtra, India |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
Total Credit = Rs. 75.000
Millions [Approximately]
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
R.K. Khanna And Associates Chartered Accountants |
|
Address : |
402, Regent Chambers, Nariman Point, Mumbai – 400021, Maharashtra, India |
|
Tel. No.: |
91-22-22833590/ 22834262/ 22835314 |
|
Fax No.: |
91-22-22853302 |
|
E-Mail : |
|
|
Income-tax
PAN of auditor or auditor's firm : |
AADFR9496A |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2013
|
Names of Shareholders |
|
No. of Shares |
|
Samit Pramod Gupta |
|
150000 |
|
Shwetal Gupta |
|
25000 |
|
Veena Pramod Gupta |
|
25000 |
|
|
|
|
|
Total |
|
200000 |
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 |
20.000 |
0.100 |
0.100 |
|
(b) Reserves & Surplus |
69.411 |
59.931 |
(0.023) |
|
(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) |
89.411 |
60.031 |
0.077 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
133.549 |
117.339 |
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 |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
133.549 |
117.339 |
0.000 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
50.618 |
51.951 |
0.000 |
|
(b)
Trade payables |
0.000 |
0.439 |
0.000 |
|
(c)
Other current liabilities |
52.577 |
43.571 |
0.026 |
|
(d) Short-term
provisions |
45.389 |
28.979 |
0.000 |
|
Total Current
Liabilities (4) |
148.584 |
124.940 |
0.027 |
|
|
|
|
|
|
TOTAL |
371.544 |
302.310 |
0.103 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
6.800 |
6.286 |
0.000 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(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) |
0.122 |
0.102 |
0.011 |
|
(d) Long-term Loan and Advances |
78.716 |
85.719 |
0.000 |
|
(e) Other
Non-current assets |
0.035 |
0.052 |
0.069 |
|
Total Non-Current
Assets |
85.673 |
92.159 |
0.080 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
72.848 |
72.308 |
0.000 |
|
(c)
Trade receivables |
19.503 |
30.823 |
0.000 |
|
(d) Cash
and cash equivalents |
67.735 |
15.064 |
0.023 |
|
(e)
Short-term loans and advances |
123.424 |
90.898 |
0.000 |
|
(f)
Other current assets |
2.361 |
1.058 |
0.000 |
|
Total
Current Assets |
285.871 |
210.151 |
0.023 |
|
|
|
|
|
|
TOTAL |
371.544 |
302.310 |
0.103 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Turnover |
487.185 |
547.314 |
NA |
|
|
|
Other Income |
NA |
NA |
NA |
|
|
|
TOTAL (A) |
NA
|
NA
|
NA
|
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL (B) |
NA
|
NA
|
NA
|
|
|
|
|
|
|
|
|
Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
67.161 |
106.618 |
(Including
Financial and Depreciation Expenses) |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
19.863 |
16.159 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
47.298 |
90.459 |
|
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
1.522 |
1.708 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX (E-F) (G) |
45.776 |
88.751 |
(0.033) |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
16.396 |
28.796 |
(0.010) |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX (G-H) (I) |
29.380 |
59.955 |
(0.023) |
|
|
|
|
|
|
|
|
|
|
Earnings/ (Loss)
Per Share (Rs.) |
146.90 |
59955.00 |
(23.00) |
|
OPERATIONS:
The turnover of the
Company during the year decreased to Rs. 487.184 Millions from Rs. 547.314
Millions last year. As a result, the profit before tax of the Company decreased
to Rs. 45.776 Millions as against Rs. 88.750 Millions last year.
COMPANY OVERVIEW
The Company was incorporated on 18th day of March, 201 1 as a Private Limited Company under the Companies
Act, 1956 to takeover and continue the business of the firm
known as Neulife Nutrition Systems and to carry on the business of trading and
distribution of nutritional and health food supplements.
CONTINGENT
LIABILITIES (AS ON 31.03.2013):
Contingent Liabilities in respect of guarantees given on
behalf of the company by Citi bank, Fort Branch, in favour of The President of
India through Commissioner of Customs, Jawahar Customs House, Nhava Sheva as at
31st March 2013, amount to Rs. 41.658 Millions.
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (41) |
|
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/ Factory : |
A/11, Shriram Industrial Estate, Near Wadala Telephone Exchange,
Wadala (West), Mumbai - 400031, Maharashtra, India |
|
Tel. No.: |
91-22-40732222/ 40732206 |
|
Fax No.: |
91-22-24110121 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Head Office : |
108/109, TV Estate, Behind Glaxo, 52 SK Ahire Marg, Worli,
Mumbai – 400030, Maharashtra, India |
|
Tel. No.: |
91-22-40732121 |
|
Fax No.: |
91-22-24953981 |
|
|
|
|
Stores : |
Located At: · Mumbai · Delhi · Pune · Chennai · Lucknow · Patna · Jaipur · Gurgaon · Noida · Nashik |
|
|
|
|
Warehouse : |
Located At: · Bhiwandi, Mumbai, Maharashtra, 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.