IDENTIFICATION DETAILS
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Name : |
SUMARAJ SEAFOODS 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.] |
MUMS28484B/ MUMS21415C
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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 and Exporter of Seafood. |
PRODUCTION STATUS AS ON 31.03.2012
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Particulars |
Unit |
Licensed
Capacity |
Installed
Capacity |
Actual
Production |
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Ice Plant |
MT |
NA |
60 MT Per Day |
Nil |
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Freezing Plant |
MT |
NA |
85 MT Per Day |
1559.31 MT |
GENERAL INFORMATION
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No. of Employees : |
Not Divulged |
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Bankers : |
·
Vijaya Bank, Overseas Branch, Ground Floor,
Maker Chamber -IV, Nariman Point, Mumbai - 400021, ·
The Bharat Co-Operative Bank (Mumbai) Limited,
Vashi Branch, 2, 'F' |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Sundaram Seshan and Associates Chartered Accountants |
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Address : |
305, Vardhman Chambers, Sector 17, Vashi , Navi Mumbai – 400705, |
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Tel. No.: |
91-22-27897533 / 27894446 / 2780600 / 1 / 2 / 3 / 4 / 5 |
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E-Mail : |
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PAN No.: |
ABPFS0747L |
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Company in which KMP/Relatives of KMP exercise significant influence |
·
Ramu and Sons ·
Sri Siddhi Freezers and Exporters Private Limited
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2013
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Names of Shareholders |
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No. of Shares |
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Sumati Ramu Chandan |
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14800 |
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Rajesh Ramu Chandan |
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985200 |
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Ramu Naga Chandan |
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250000 |
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TOTAL |
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1250000 |
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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12.500 |
10.000 |
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(b) Reserves & Surplus |
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63.752 |
46.145 |
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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 |
15.130 |
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Total Shareholders’ Funds (1) + (2) |
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76.252 |
71.275 |
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(3) Non-Current Liabilities |
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(a) long-term borrowings |
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15.622 |
9.604 |
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(b) Deferred tax liabilities (Net) |
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0.701 |
0.373 |
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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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4.138 |
4.197 |
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Total Non-current Liabilities (3) |
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20.461 |
14.174 |
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(4) Current Liabilities |
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(a) Short term
borrowings |
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205.406 |
141.097 |
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(b) Trade payables |
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26.821 |
27.181 |
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(c) Other current
liabilities |
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2.470 |
1.949 |
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(d) Short-term provisions |
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1.711 |
0.791 |
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Total Current Liabilities (4) |
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236.408 |
171.018 |
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TOTAL |
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333.121 |
256.467 |
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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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47.809 |
46.979 |
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(ii) Intangible Assets |
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0.000 |
0.000 |
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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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0.198 |
0.198 |
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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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17.914 |
22.084 |
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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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65.921 |
69.261 |
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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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152.420 |
132.359 |
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(c) Trade receivables |
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65.729 |
20.739 |
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(d) Cash and cash
equivalents |
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6.130 |
3.085 |
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(e) Short-term loans
and advances |
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42.921 |
31.004 |
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(f) Other current
assets |
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0.000 |
0.019 |
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Total Current Assets |
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267.200 |
187.206 |
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TOTAL |
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333.121 |
256.467 |
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SOURCES OF FUNDS |
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31.03.2011 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
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10.000 |
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2] Share Application Money |
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0.000 |
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3] Reserves & Surplus |
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40.873 |
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4] (Accumulated Losses) |
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0.000 |
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NETWORTH |
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50.873 |
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LOAN FUNDS |
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1] Secured Loans |
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119.526 |
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2] Unsecured Loans |
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46.825 |
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TOTAL BORROWING |
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166.351 |
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DEFERRED TAX LIABILITIES |
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0.304 |
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TOTAL |
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217.528 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
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41.883 |
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Capital work-in-progress |
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0.000 |
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INVESTMENT |
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0.198 |
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DEFERREX TAX ASSETS |
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0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
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136.275
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Sundry Debtors |
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39.295
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Cash & Bank Balances |
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4.137
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Other Current Assets |
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0.038
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Loans & Advances |
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43.495
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Total
Current Assets |
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223.240
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Less : CURRENT LIABILITIES & PROVISIONS |
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Sundry Creditors |
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41.168
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Other Current Liabilities |
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1.558
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Provisions |
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5.067
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Total
Current Liabilities |
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47.793
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Net Current Assets |
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175.447
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MISCELLANEOUS EXPENSES |
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0.000 |
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TOTAL |
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217.528 |
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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 |
363.152 |
209.912 |
264.414 |
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Other Income |
2.823 |
2.768 |
(0.131) |
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TOTAL (A) |
365.975 |
212.680 |
264.283 |
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Less |
EXPENSES |
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Cost of material consumed |
241.341 |
103.375 |
132.029 |
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Changes in Inventories of Finished Goods, Work-in-progress and stock-in-trade |
(20.061) |
3.915 |
12.504 |
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Employee benefits expenses |
11.812 |
9.919 |
9.015 |
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Other expenses |
97.322 |
64.533 |
73.916 |
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TOTAL (B) |
330.414 |
181.742 |
227.464 |
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Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (A-B) |
35.561 |
30.938 |
36.819 |
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Less |
FINANCIAL
EXPENSES (D) |
22.362 |
19.620 |
16.285 |
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PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
13.199 |
11.318 |
20.534 |
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Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
7.759 |
6.454 |
6.025 |
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PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
5.440 |
4.864 |
14.509 |
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Less |
TAX (H) |
0.462 |
(0.408) |
0.874 |
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PROFIT/ (LOSS) AFTER TAX (G-H) (I) |
4.978 |
5.272 |
13.635 |
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EARNINGS IN
FOREIGN CURRENCY |
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Export Earnings |
309.071 |
184.618 |
221.266 |
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TOTAL EARNINGS |
309.071 |
184.618 |
221.266 |
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Earnings /
(Loss) Per Share (Rs.) |
3.98 |
5.27 |
13.64 |
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RATING & COMMENTS
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MIRA’s Rating : |
B (34) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but 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 : |
262, Captain Building, Room No. 202, 2nd Floor, SB Singh
Road, Fort, Mumbai – 400001, Maharashtra, India |
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Tel. No.: |
91-22-22679781 / 22852109 / 22679781 / 30222965 |
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Fax No.: |
91-22-22641869/22641869 |
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E-Mail : |
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Area : |
Owned |
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Factory Office : |
M-17, M.I.D.C Industrial Area, Taloja, Taluka – Panvel, District
Raigad – 410208, Navi Mumbai, |
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Tel. No.: |
91-22-65137742 / 43 / 65131478 / 27402559 / 65137743 / 27402559/ 65131478 |
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Fax No.: |
91-22-27402560 |
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E-Mail : |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.