IDENTIFICATION DETAILS
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Name : |
CALSONIC KANSEI MOTHERSON AUTO PRODUCTS 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.] |
DELC09884A |
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PAN No.: [Permanent Account No.] |
AADCC1932F |
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Legal Form : |
A Closely Held Public Limited Liability Company |
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No. of Employees
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Manufacture and sale of Automotive Component. |
BUSINESS DETAILS
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Line of Business : |
Manufacture and sale of Automotive Component. |
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Products : |
· HVAC Compressor Auto Control Heating Vetilation and Air Conditioning |
GENERAL INFORMATION
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No. of Employees : |
Not Divulged |
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Bankers : |
Not Divulged |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
S.R. Batliboi and Company LLP Chartered Accountant |
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Address : |
Golf View Corporate, Tower-B, Sector-42, |
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Income-tax
PAN of auditor or auditor's firm : |
AALFS0506L |
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Holding Company : |
Calsonic Kansei Corporation, Japan |
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Fellow Subsidiary
Company : |
· Calsonic Kansei Mexico Calsonic Kansei (Thailand) Company Limited Calsonic Kansei Romania Calsonic Kansei Malesia SDN BHD Motherson Sumi Infotech and Design Limited Calsonic Kansei (Guanghou) Corp Calsonic Kansei Iwate CK Trading De Mexico S DE RL DE CV Daihan Calsonic |
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Joint venture : |
· Motherson Sumi Systems Limited Calsonic Kansei Wuxi Corp. |
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Enterprises which
are owned, or have significant influence of or are partners with Key management
personnel and their relatives : |
· Anest Iwata Motherson Limited Kyungshin Industrial Motherson Limited CTMIL India Limited Woco Motherson Elastomer Limited Systematic Conscom Limited Motherson Auto Limited Motherson Air Travel Agencies Limited Mother son Automotive Elastomers Technology Spirited Auto Cars (India) Limited Air Factory Energy Limited Magneti Marelli Motherson Auto System Limited Samvardhana Motherson Finance Limited Motherson Moulds and Diecasting Limited |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 07.08.2013
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Names of Shareholders |
No. of Shares |
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Motherson Sumi Systems Limited, |
21898557 |
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Ashok Tandon |
100 |
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Vivek Avasthi |
100 |
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Gaya Nand Gauba |
100 |
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Geeta Soni |
100 |
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Rohitash Gupta |
100 |
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Manoj Maheshwari |
100 |
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Calsonic Kansei Corporation, |
22792996 |
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Calsonic Kansei Corporation and Nakanishi, |
1 |
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Calsonic Kansei Corporation and Osawa, |
1 |
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Calsonic Kansei Corporation and Hosokawa, |
1 |
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Calsonic Kansei Corporation and Yamasaki, |
1 |
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TOTAL |
44692157 |
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 |
243.000 |
243.000 |
243.000 |
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(b) Reserves & Surplus |
83.144 |
45.327 |
3.338 |
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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 |
0.000 |
0.000 |
0.000 |
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Total
Shareholders’ Funds (1) + (2) |
326.144 |
288.327 |
246.338 |
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(3) Non-Current Liabilities |
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(a) long-term borrowings |
40.792 |
40.792 |
46.199 |
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(b) Deferred tax liabilities (Net) |
0.000 |
1.605 |
0.000 |
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(c) Other long term liabilities |
0.000 |
0.000 |
0.000 |
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(d) long-term provisions |
4.417 |
2.347 |
2.303 |
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Total Non-current Liabilities (3) |
45.209 |
44.744 |
48.502 |
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(4) Current Liabilities |
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(a) Short term borrowings |
346.500 |
153.000 |
65.000 |
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(b) Trade payables |
649.814 |
583.827 |
401.258 |
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(c) Other current
liabilities |
12.305 |
18.318 |
13.820 |
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(d) Short-term provisions |
16.479 |
4.172 |
3.929 |
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Total Current Liabilities (4) |
1025.098 |
759.317 |
484.007 |
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TOTAL |
1396.451 |
1092.388 |
778.847 |
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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 |
68.001 |
81.880 |
92.955 |
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(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
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(iii) Capital
work-in-progress |
0.357 |
0.000 |
0.000 |
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(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
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(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
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(c) Deferred tax assets (net) |
1.878 |
0.000 |
0.079 |
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(d) Long-term Loan and Advances |
240.985 |
176.353 |
106.122 |
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(e) Other Non-current assets |
0.127 |
0.127 |
0.127 |
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Total Non-Current Assets |
311.348 |
258.360 |
199.283 |
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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 |
454.350 |
472.414 |
310.417 |
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(c) Trade receivables |
556.994 |
314.775 |
197.923 |
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(d) Cash and cash
equivalents |
15.500 |
39.321 |
40.170 |
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(e) Short-term loans and
advances |
58.238 |
7.463 |
31.023 |
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(f) Other current assets |
0.021 |
0.055 |
0.031 |
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Total Current Assets |
1085.103 |
834.028 |
579.564 |
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TOTAL |
1396.451 |
1092.388 |
778.847 |
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 |
2622.856 |
1888.568 |
1437.457 |
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Other Income |
3.727 |
8.394 |
14.216 |
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TOTAL (A) |
2626.583 |
1896.962 |
1451.673 |
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Less |
EXPENSES |
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Cost of Materials Consumed |
2392.739 |
1668.154 |
1296.085 |
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Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
(11.980) |
(4.774) |
(4.365) |
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Employees benefits expense |
66.010 |
47.526 |
24.586 |
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Other expenses |
83.256 |
95.205 |
67.387 |
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TOTAL (B) |
2530.025 |
1806.111 |
1383.693 |
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PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (A-B) (C) |
96.558 |
90.851 |
67.980 |
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Less |
FINANCIAL
EXPENSES (D) |
21.090 |
10.806 |
6.691 |
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PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
75.468 |
80.045 |
61.289 |
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Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
18.189 |
17.632 |
15.712 |
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PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
57.279 |
62.413 |
45.577 |
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Less |
TAX (H) |
19.461 |
20.424 |
3.567 |
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PROFIT/
(LOSS) AFTER TAX (G-H) (I) |
37.818 |
41.989 |
42.010 |
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EARNINGS IN
FOREIGN CURRENCY |
0.534 |
1.397 |
0.564 |
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IMPORTS |
2001.822 |
1590.471 |
1207.773 |
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Earnings /
(Loss) Per Share (Rs.) |
1.56 |
1.73 |
2.75 |
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OPERATIONS
During the year the company has achieved a total net income of Rs. 2626.583 Millions as compared to Rs. 1896.962 Millions during the previous year and has earned profits after tax of Rs.37.818 Millions as compared to Rs. 41.989 Millions during the previous year.
RATING & COMMENTS
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MIRA’s Rating : |
B (28) |
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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 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 : |
2nd Floor, F-7, Block B-1, Mohan Cooperative Industrial
Estate, Mathura Road, Delhi – 110044, India |
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Tel. No.: |
91-11-40555940 |
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Fax No.: |
91-11-40555940 |
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E-Mail : |
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Website : |
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Headquarter : |
Plot No.1, Sector-127 Noida-Greater Noida, Expressway,
Noida – 201301, Uttar Pradesh, India |
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Tel. No.: |
91-120-6679500 |
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Fax No.: |
91-120-6679270 |
CHANGE OF ADDRESS
The registered office of the company has been shifted from 3rd
Floor, 43, Community Centre, New Friends Colony,
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.