MIRA INFORM REPORT
|
Report Date : |
31.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
GREENPLY INDUSTRIES LIMITED |
|
|
|
|
Registered
Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of Incorporation
: |
28.11.1990 |
|
|
|
|
Com. Reg. No.: |
02-003484 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.120.682 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
L20211AS1990PLC003484 |
|
|
|
|
Legal Form : |
A Public Limited Liability Company. The company’s Shares are Listed on
the Stock Exchanges. |
|
|
|
|
Line of Business
: |
Manufacturing of
Plywood and Allied Products, Laminates, Particle Boards, Medium Density Fibre
Boards, etc. |
|
|
|
|
No. of Employees
: |
5233 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
A (61) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
Maximum Credit Limit : |
USD 23000000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a
well-established company having fine track record. The financial position of
the company is sound and healthy. Directors are reported to be experienced
and respectable businessman. Trade relations are
reported as trustworthy. Business is active. Payments are reported to be
regular and as per commitments. Company can be
considered good for business dealings at usual trade terms and conditions. |
NOTES:
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
HENKEL RATING
|
HENKEL’s Rating : |
A 300, 301 (Moderate risk) |
|
Credit
Rating |
Henkel
Rating (Customer Risk Assesment- CRA) |
||
|
Mira
Inform |
Risk
Category |
Credit
Limit |
Description |
|
Aaa |
100 |
Inter Company, credit limit
not required |
Very low risk (blue ships) |
|
Aa |
200,
201 |
(120% of Gross Annualised Sales/365)*Credit
Term. |
Low risk |
|
A |
300,
301 |
(100% of Gross Annualised
Sales/365)*Credit Term. |
Moderate risk |
|
Ba |
350 |
(90% of Gross Annualised
Sales/365)*Credit Term. |
Significant risk |
|
B |
400 |
(80% of Gross Annualised Sales/365)*Credit
Term. |
High risk |
|
450 |
Very high risk |
||
|
Ca
or C |
500* |
NIL/ Legal/ Bad/No Transaction |
Doubtful accounts |
|
|
007* |
NIL |
Small unrated customers |
|
|
009* |
NIL |
Inactive customers |
|
|
999* |
Initially First Invoice vales,
CRA will be done and based on report the CL would get revised. |
New customer |
ECGC Country Risk Classification List – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
N E W S
As per the latest IMF study, the total weigh of emerging markets in the
GDP of the world on a purchasing power parity basis has seen a sizeable shift.
It highlights how as against 51 % in 2005, the emerging economies now account
for close to 56 % of the global purchasing power GDP as per the latest survey.
And with the emerging economies growing at a faster rate than their developed
counterparts, there are every possibility that the their share goes up further
in the coming years.
Politics and economics are very intricately connected. They tend to
influence each other in ways that could be very complex and far-reaching. The
prospects of the
A study published by Firstpost has revealed that asset classes like real
estate and equities were the biggest beneficiaries of the liberalization policies.
A firm called Ciane Analytics studied returns from assets including
equities, gold, fixed deposits, G-Secs and real estate since 1991. Real estate
outperformed every other asset classes during the 23-year period with an
annualized return of 20 % ! Equities came in second with annualized return of
15.5 % ! However, while these returns may seem mouthwatering, the fact is that
the return from equities adjusted for inflation came down to just 7.1 %.
Some brief news are as under
. R-Power to buy Jaypee’s hydro assets
. Investors await justice in NSEL case
. India seeks MFN status from Pakistan ahead of meeting
. Ukrain’s clashes with rebels hinder MH17 crash investigation
. India exploring merger of state-owned hydro PSUs
..Higher costs weigh down profit growth to slowest in 9 quarters
..Wal-Mart to expand wholesale business in India
. GMR group moves to strengthen balance sheet
. Central Bank to sell 4 % stake to Life Insurance Corporation
. Tata Chemicals plans to raise up to Rs 10000 mn.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
|
Rating |
Long term bank facilities: A |
|
Rating Explanation |
Adequate degree of safety and low credit
risk. |
|
Date |
October 7, 2013 |
|
Rating Agency Name |
CARE |
|
Rating |
Short Term Bank Facilities: A1 |
|
Rating Explanation |
Very strong degree of Safety and lowest
credit risk. |
|
Date |
October 7, 2013 |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter in
the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2014.
INFORMATION DENIED BY
|
Name : |
Mr. Ravi |
|
Designation : |
Not Divulged |
|
Contact No.: |
91-11-42791300 |
|
Date : |
26.07.2014 |
LOCATIONS
|
Registered Office : |
Makum Road, Tinsukia – 786125, Assam, India |
|
Tel. No.: |
91-11-42791300 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Corporate Office 1 : |
1501 – 1505, Narain Manzil, 23, Barakhamba Road, New Delhi – 110001,
India |
|
Tel. No.: |
91-11-42791300 |
|
E-Mail : |
|
|
|
|
|
Corporate Office 2 : |
Near B K Market,
2nd Floor, 16-A Shakespeare Sarani, Kolkata – 700001, West Bengal |
|
Tel. No.: |
91-33-30515000/ 22822175 |
|
Fax No.: |
91-33-30515010 |
|
E-Mail : |
|
|
|
|
|
Factory : |
Plywood and Allied
Products · P.O. Tizit, District Mon, Nagaland · Kriparampur P. O. Sukhdevpur, District 24 Parganas, (S) West Bengal, India · Plot No. 910-913, G.I.D.C. Estate, Bamanbore District Surendranagar, - 363 520, Gujarat, India Laminate and Allied
Products · RIICO Industrial Estate, P.O. Behror, District Alwar, Rajasthan, India · Village Paterh Bhonku, Tehsil Nalagarh, District Solan– 174101, Himachal Pradesh, India Medium Density
Fibreboard · Integrated Industrial Estate, Pantnagar, Udham Singh Nagar, Uttarakhand, India Plywood and
Reconstructed Veneers · Integrated Industrial Estate, Pantnagar, Udham Singh Nagar, Uttarakhand, India |
|
|
|
|
Branch Offices : |
Located at: · Chandigarh Haryana Delhi Jaipur Ghaziabad Ahmedabad Surat Mumbai Nashik Thane Pune Indore Nagpur Hyderabad Vijayawada Mangalore Bangalore Hubli Coimbatore Chennai Kochi Lucknow Patna Raipur Ranchi Bhubaneswar Kathmandu Siliguri Guwahati |
DIRECTORS
AS ON 31.03.2014
|
Name : |
Mr. Shiv Prakash Mittal |
|
Designation : |
Whole-time director |
|
Date of Birth/ Age : |
63 Years |
|
Experience : |
39 Years |
|
Qualification : |
B.Sc |
|
Date of Appointment : |
01.02.2012 |
|
DIN No : |
00237242 |
|
|
|
|
Name : |
Mr. Rajesh Mittal |
|
Designation : |
Managing Director - Promoter Director |
|
Date of Birth/ Age : |
49 Years |
|
Experience : |
28 Years |
|
Qualification : |
B.Com |
|
Date of Appointment : |
01.01.2011 |
|
DIN No : |
00240900 |
|
|
|
|
Name : |
Mr. Saurabh Mittal |
|
Designation : |
Whole-time Director |
|
Date of Birth/ Age : |
19.08.1980 |
|
Experience : |
14 Years |
|
Qualification : |
B.Com |
|
Date of Appointment : |
01.09.2011 |
|
DIN No : |
00273917 |
|
|
|
|
Name : |
Mr. Shobhan Mittal |
|
Designation : |
Whole-time Director |
|
Date of Birth/ Age : |
32 Years |
|
Experience : |
7 Years |
|
Qualification : |
Bachelor of Business Administration from the University of Westminster, London |
|
Date of Appointment : |
01.09.2011 |
|
List of outside
directorship held excluding alternate directorship: |
· Prime Holdings Private Limited · Vanashree Properties Private Limited · Dholka Plywood Industries Private Limited · Educational Innovations Private Limited · Niranjan Infrastructure Private Limited. · PHD Chamber of Commerce and Industry |
|
DIN No : |
00347517 |
|
|
|
|
Name : |
Mr. Moina Yometh Konyak |
|
Designation : |
Director |
|
Date of Appointment : |
16.04.1996 |
|
DIN No : |
00669351 |
|
|
|
|
Name : |
Mr. Susil Kumar Pal |
|
Designation : |
Non-Executive – Independent Director |
|
Date of Appointment : |
06.12.05 |
|
DIN No : |
00268527 |
|
|
|
|
Name : |
Mr. Vinod Kumar Kothari |
|
Designation : |
Director |
|
Date of Appointment : |
31.05.2006 |
|
DIN No : |
00050850 |
|
|
|
|
Name : |
Mr. Anupam Kumar Mukerji |
|
Designation : |
Non-Executive – Independent Director |
|
Date of Birth/ Age : |
27.08.1936 |
|
Date of Appointment : |
08.08.2006 |
|
Qualification : |
M. Sc (Botany) from the Birla Institute of Technology and Science, Pilani, Rajasthan and AIFC diploma from Indian Forest College, Dehradun |
|
DIN No : |
00396878 |
|
|
|
|
Name : |
Ms. Sonali Bhagwati Dalal |
|
Designation : |
Director |
|
Date of Birth/ Age : |
15.10.1961 |
|
Qualification : |
B. Arch from the Centre for Environmental Planning and Technology (CEPT), Ahmedabad |
|
Date of Appointment : |
11.07.2007 |
|
List of outside
directorship held excluding alternate directorship: |
· Spazzio Projects and Interiors Private Limited · Fade to Black Design and Media Private Limited |
|
DIN No : |
01105028 |
|
|
|
|
Name : |
Mr. Upendra Nath Challu |
|
Designation : |
Non-Executive- Independent Director |
|
Date of Birth/ Age : |
20.10.19501 |
|
Qualification : |
B.A. from the Meerut University, Meerut |
|
Date of Appointment : |
31.08.2012 |
|
List of outside
directorship held excluding alternate directorship: |
· ARSS Infrastructure Projects Limited · Uttam Value Steels Limited · Icomm Tele Limited |
|
DIN No : |
05214065 |
KEY EXECUTIVES
|
Name : |
Mr. Kaushal Kumar Agarwal |
|
Designation : |
Company Secretary and Vice President |
|
|
|
|
Name : |
Ms. Priyanka |
|
Designation : |
Admin Executive |
SHAREHOLDING PATTERN
As on 30.06.2014
|
Category of
Shareholder |
No. of Shares |
Percentage
of Holding |
|
(A) Shareholding of Promoter and Promoter Group |
|
|
|
|
|
|
|
Individuals / Hindu Undivided Family |
4318636 |
17.89 |
|
|
8956364 |
37.11 |
|
|
13275000 |
55.00 |
|
|
|
|
|
Total shareholding of Promoter and Promoter Group (A) |
13275000 |
55.00 |
|
(B) Public Shareholding |
|
|
|
|
|
|
|
|
1780594 |
7.38 |
|
|
3795075 |
15.72 |
|
|
5575669 |
23.10 |
|
|
|
|
|
|
459019 |
1.90 |
|
|
|
|
|
|
706908 |
2.93 |
|
|
4055581 |
16.80 |
|
|
64197 |
0.27 |
|
|
53661 |
0.22 |
|
|
7050 |
0.03 |
|
|
3486 |
0.01 |
|
|
5285705 |
21.90 |
|
Total Public shareholding (B) |
10861374 |
45.00 |
|
Total (A)+(B) |
24136374 |
100.00 |
|
(C) Shares held by Custodians and against which Depository
Receipts have been issued |
0 |
0.00 |
|
|
0 |
0.00 |
|
|
0 |
0.00 |
|
|
0 |
0.00 |
|
Total (A)+(B)+(C) |
24136374 |
0.00 |
(1) Indian
BUSINESS DETAILS
|
Line of Business : |
Manufacturing of Plywood
and Allied Products, Laminates, Particle Boards, Medium Density Fibre Boards,
etc. |
|
|
|
|
Brand Names : |
“Greenply
Plywood” |
GENERAL INFORMATION
|
No. of Employees : |
5233 (Approximately) |
||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||
|
Bankers : |
·
Axis Bank Limited ·
Bank of Baroda ·
Citibank N.A. ·
DCB Bank Limited ·
Export-‐Import Bank of India ·
Federal Bank Limited ·
HDFC Bank Limited ·
ICICI Bank Limited ·
IDBI Bank Limited ·
IndusInd Bank Limited ·
Landesbank Baden-‐Wurttemberg ·
Standard Chartered Bank ·
State Bank of Hyderabad ·
State Bank of India |
||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||
|
Facilities : |
LONG TERM
BORROWINGS 1.
Term Loan from Landesbank Baden-Wurttenberg is secured
by first priority security charge on Main Press Line of MDF plant. 2.
All other Term Loans are secured by first
mortgage and charge on the immovable and movable properties of the company
other than immovable properties at Tizit, Nagaland and Main Press line of MDF
plant, ranking on pari passu basis, save and except current assets, both
present and future and second charge over the current assets. 3.
Deferred payment liabilities are in respect of finance
of vehicles and are secured by hypothecation of the respective vehicles. SHORT TERM
BORROWINGS All Working
Capital Loans are secured by first charge by way of hypothecation of current
assets and second charge over movable and immovable properties of the Company
except immovable properties at Tizit, Nagaland and Main Press line of MDF
Plant, on pari-passu basis. |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
D. Dhandaria and Company Chartered Accountants |
|
|
|
|
Subsidiary
Companies : |
·
Greenlam Asia Pacific Pte. Limited ·
Greenlam America, Inc. ·
Greenply Industries (Myanmar) Private
Limited ·
Greenply Trading Pte. Limited ·
Greenlam Industries Limited ·
Greenlam VT Industries Private
Limited ·
Greenlam Europe (UK) Limited. ·
Greenlam Asia Pacific (Thailand) Co.
Limited ·
Greenlam Holding Co. Limited ·
Pt. Greenlam Asia Pacific |
|
|
|
|
Enterprises
Owned / Influenced by Key Management Personnel or their relatives : |
·
Himalaya Granites Limited. ·
Prime Holdings Private Limited. ·
S.M. Management Private Limited. ·
Prime Properties Private Limited. ·
Trade Combines |
CAPITAL STRUCTURE
As on 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
32000000 |
Equity Shares |
Rs.5/- each |
Rs. 160.000 Millions |
|
5000000 |
Cumulative Redeemable Preference Shares |
Rs.10/- each |
Rs. 50.000 Millions |
|
|
|
|
|
|
|
Total |
|
Rs. 210.000
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
24136374 |
Equity Shares |
Rs.5/- each |
Rs. 120.682
Millions |
|
|
|
|
|
Terms/Rights attached to the Equity Shares
The Company has
only one class of equity Shares having a par value of `5 per share. Each holder
of equity shares is entitled to one vote per share. The Company declares and
pays dividends in Indian rupees. The dividend proposed by the Board of
Directors is subject to the approval of the shareholders in the ensuing Annual
General Meeting.
During the year,
the amount of per share dividend recognised as distribution to equity
shareholders was Rs.3 (Previous year Rs.3)
In the event of
liquidation of the Company, the holders of equity shares will be entitled to
receive remaining assets of the Company, after distribution of all preferential
amounts. This distribution will be in proportion to the number of equity shares
held by the shareholders.
Details of equity shares held by shareholders holding more than 5%
shares:
|
Name of
Shareholder |
Number
of Shares |
% holding |
|
S.M.Management
Private Limited |
3543462 |
14.68 |
|
Greenply
Leasing & Finance Private Limited |
2714731 |
11.25 |
|
Prime
Holdings Private Limited |
2408560 |
9.98 |
|
HSBC
Bank (Mauritius) Limited A/C Jwalamukhi
Investment Holdings |
2376884 |
9.85 |
|
Ashish
Dhawan |
2369488 |
9.82 |
|
Shiv
Prakash Mittal, Saurabh Mittal & Shobhan Mittal on
behalf of Trade Combines, partnership firm |
2110476 |
8.74 |
|
HDFC Trustee Company Limited |
1561537 |
6.47 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
FINANCIAL DETAILS
FILE ATTACHED
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
Rs.
In Millions |
Rs. In
Millions |
Rs.
In Millions |
|
Share Capital |
120.682 |
120.682 |
120.682 |
|
Reserves & Surplus |
3594.014 |
4650.623 |
5710.575 |
|
Net
worth |
3714.696 |
4771.305 |
5831.257 |
|
|
|
|
|
|
long-term borrowings |
2668.605 |
2353.436 |
2610.487 |
|
Short term borrowings |
3340.140 |
2976.567 |
2884.577 |
|
Total
borrowings |
6008.745 |
5330.003 |
5495.064 |
|
Debt/Equity
ratio |
1.618 |
1.117 |
0.942 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
Rs.
In Millions |
Rs.
In Millions |
Rs.
In Millions |
|
Sales |
16,436.582 |
20,008.145 |
21,595.180 |
|
|
|
21.729 |
7.932 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
Rs.
In Millions |
Rs. In
Millions |
Rs.
In Millions |
|
Sales
|
16,436.582 |
20,008.145 |
21,595.180 |
|
Profit |
534.097 |
1,141.616 |
1,144.667 |
|
|
3.25% |
5.71% |
5.30% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in Report
(Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
No |
|
11] |
Turnover of firm for last
three years |
Yes |
|
12] |
Profitability for last
three years |
Yes |
|
13] |
Reasons for variation
<> 20% |
----------- |
|
14] |
Estimation for coming
financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details
(if applicable) |
No |
|
21] |
Market information |
---------- |
|
22] |
Litigations that the firm
/ promoter involved in |
---------- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
Yes |
|
25] |
Conduct of the banking
account |
---------- |
|
26] |
Buyer visit details |
---------- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if
applicable |
Yes |
|
29] |
Last accounts filed at
ROC |
Yes |
|
30] |
Major Shareholders, if available |
Yes |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
Yes |
UNSECURED LOAN:
|
Particulars |
31.03.2014 Rs.
In Millions |
31.03.2013 Rs.
In Millions |
|
LONG TERM
BORROWINGS |
|
|
|
Deferred payment liabilities |
71.348 |
72.375 |
|
|
|
|
|
SHORT TERM BORROWINGS
|
|
|
|
Foreign Currency Loan – Buyers Credit |
1412.089 |
1562.038 |
|
Rupee Loans |
200.000 |
150.000 |
|
|
|
|
|
Total |
1683.437 |
1784.413 |
STATEMENT OF STANDALONE UN-AUDITED RESULTS FOR THE QUARTER ENDED
30TH JUNE, 2014
(Rs. In Millions)
|
Particulars |
Quarter Ended ( Unaudited) |
|
|
30.06.2014 |
|
1.
Income from operations |
|
|
a) Net sales/ Income from operation (net of excise duty) |
5167.427 |
|
b) Other operating income |
3.423 |
|
Total
income from Operations(net) |
5170.850 |
|
2.Expenditure |
|
|
a) Cost of material consumed |
2863.478 |
|
b) Purchases of stock in trade |
321.735 |
|
c) Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
(153.066) |
|
d) Employees benefit expenses |
523.862 |
|
e) Depreciation and amortization expenses |
181.579 |
|
f) Loss/(gain) due to fluctuation in foreign exchange
rates |
0.230 |
|
g) Other expenditure |
929.373 |
|
Total expenses |
4667.191 |
|
3. Profit from operations before other income and
financial costs |
503.659 |
|
4. Other income |
3.476 |
|
5. Profit from ordinary activities before finance costs |
507.135 |
|
6. Finance costs |
150.680 |
|
7. Net profit/(loss) from ordinary activities after
finance costs but before exceptional items |
356.455 |
|
8. Exceptional item |
-- |
|
9. Profit from ordinary activities before tax
Expense: |
356.455 |
|
10.Tax expenses |
(54.165) |
|
11.Net
Profit / (Loss) from ordinary activities after tax (9-10) |
302.290 |
|
12.Extraordinary Items (net of tax expense) |
-- |
|
13.Net Profit / (Loss) for the period (11 -12) |
302.290 |
|
14.Paid-up equity share capital (Nominal value Rs.5/- per share) |
120.682 |
|
15. Reserve excluding Revaluation
Reserves as per balance sheet of previous accounting year |
|
|
16.i) Earnings per share (before extraordinary
items) of Rs.10/- each) (not annualised): |
|
|
(a) Basic and diluted |
12.52 |
|
|
|
|
A. Particulars of shareholding |
|
|
1. Public Shareholding |
|
|
- Number of shares |
10861374 |
|
- Percentage of shareholding |
45.00 |
|
2. Promoters and Promoters group Shareholding- |
|
|
a) Pledged /Encumbered |
|
|
Number of shares |
-- |
|
Percentage of shares (as a % of total shareholding of the
promoter and promoter group) |
-- |
|
Percentage of shares (as a % of total share capital of the
company) |
-- |
|
|
|
|
b) Non Encumbered |
|
|
Number of shares |
13275000 |
|
Percentage of shares (as a % of total shareholding of the
promoter and promoter group) |
100.00 |
|
Percentage of shares (as a % of total share capital of the
company) |
55.00 |
|
B.
Investor Complaints |
30.06.2014 |
|
Pending at the beginning of the quarter |
-- |
|
Receiving during the quarter |
2 |
|
Disposed of during the quarter |
1 |
|
Remaining unreserved at the end of the quarter |
1 |
SEGMENT WISE
REVENUE, RESULTS AND CAPITAL EMPLOYED
(Rs. In Millions)
|
Particulars |
Year
Ended (
Unaudited) |
|
|
30.06.2014 |
|
1.
Segment Revenue |
|
|
a) Plywood & Allied Products |
2514.281 |
|
b) Laminates & Allied Products |
1860.061 |
|
c) Medium Density Fibreboards |
796.596 |
|
d) Unallocated |
-- |
|
Total |
5170.938 |
|
Less: Inter Segment Revenue |
130.800 |
|
Net Sales/Income
from Operations |
5040.138 |
|
|
|
|
a) Plywood & Allied Products |
242.134 |
|
b) Laminates & Allied products |
182.111 |
|
c) Medium Density Fibreboards |
155.115 |
|
d) Unallocated |
-- |
|
Total |
579.360 |
|
Less: (i) Interest |
150.680 |
|
(ii) Other Unallocable expenditure |
72.225 |
|
Total Profit
before Tax |
356.455 |
|
a) Plywood & Allied Products |
4102.884 |
|
b) Laminates & Allied Products |
5436.009 |
|
c) Medium Density Fibreboards |
3395.780 |
|
d) Unallocated |
250.200 |
|
Total |
13184.873 |
INDEX OF CHARGE:
|
S.NO. |
CHARGE ID |
DATE OF CHARGE CREATION/MODIFICATION |
CHARGE AMOUNT SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST NUMBER (SRN) |
|
1 |
10489117 |
31/03/2014 |
250,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, KOLKATA, 11, DR. U. N. |
C03278397 |
|
2 |
10489116 |
29/03/2014 |
250,000,000.00 |
IDBI
BANK LIMITED |
IDBI
BANK LIMITED, 44, SHAKESPEARE SARANI, KOLKATA, WEST BENGAL - 700017, INDIA |
C03129087 |
|
3 |
10482116 |
22/02/2014 |
300,000,000.00 |
THE
FEDERAL BANK LTD |
R. N.
MUKHERJEE ROAD, KOLKATA BRANCH, 1, R. N. MU |
B98322712 |
|
4 |
10469997 |
13/12/2013 |
4,500,000.00 |
ICICI
BANK LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B93438992 |
|
5 |
10461449 |
11/11/2013 |
500,000,000.00 |
DCB
BANK LIMITED |
601
& 602, PENINSULA BUSINESS PARK, 6TH FLOOR,, T |
B90005893 |
|
6 |
10456018 |
21/10/2013 |
400,000,000.00 |
CITIBANK
N.A |
KANAK
BUILDING, 41 CHOWRINGHEE ROAD, KOLKATA, WEST BENGAL - 700071, INDIA |
B87941951 |
|
7 |
10454620 |
04/09/2013 |
47,500,000.00 |
ICICI
BANK LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B87365672 |
|
8 |
10438120 |
23/07/2013 |
372,000,000.00 |
STANDARD
CHARTERED BANK |
(ACTING
AS AN SECURITY AGENT), NARAIN MANZIL, 23 |
B80158249 |
|
9 |
10438469 |
12/07/2013 |
626,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B80277635 |
|
10 |
10438459 |
10/07/2013 |
570,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B80275381 |
|
11 |
10437973 |
10/07/2013 |
640,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B80097090 |
|
12 |
10436434 |
26/06/2013 |
610,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B79441713 |
|
13 |
10436421 |
24/06/2013 |
650,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B79436861 |
|
14 |
10436429 |
22/06/2013 |
500,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B79440475 |
|
15 |
10440097 |
21/06/2013 |
180,000,000.00 |
HDFC
BANK LIMITED |
CENTRAL
PLAZA BRANCH,, 2/6, SARAT BOSE ROAD, KOLKATA, WEST BENGAL - 700020, INDIA |
B80992902 |
|
16 |
10430144 |
25/05/2013 |
620,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B76735646 |
|
17 |
10425491 |
02/05/2013 |
575,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B75056465 |
|
18 |
10421921 |
04/04/2013 |
10,600,000.00 |
AXIS
BANK LIMITED |
TRISHUL
3RD FLOOR OPP SAMARTHESHWAR
TEMPLE, LAW G |
B73798431 |
|
19 |
10419982 |
30/03/2013 |
580,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B73275620 |
|
20 |
10418495 |
28/03/2013 |
575,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B72809858 |
|
21 |
10418503 |
28/03/2013 |
600,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B72811276 |
|
22 |
10412626 |
12/03/2013 |
1,080,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B71064323 |
|
23 |
10410909 |
23/02/2013 |
900,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B70472469 |
|
24 |
10407756 |
19/06/2013
* |
330,000,000.00 |
AXIS
BANK LIMITED |
805-809,
ALEXANDRA HOUSE,, 18, CHARTER ROAD,, CENTRAL HONG KONG, - 805809, HONG KONG |
B78853298 |
|
25 |
10396947 |
13/12/2013
* |
410,000,000.00 |
STATE
BANK OF HYDERABAD |
COMMERCIAL
BRANCH,, 83, TOPSIA ROAD, KOLKATA, WES |
B92656800 |
|
26 |
10401478 |
29/12/2012 |
549,000.00 |
AXIS
BANK LIMITED |
148,
CIVIL LINES, POST & DISTT. BAREILLY, BAREILLY, UTTAR PRADESH - 243001,
INDIA |
B67430389 |
|
27 |
10399028 |
12/12/2012 |
3,511,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, |
B66490467 |
|
28 |
10394755 |
30/11/2012 |
580,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, |
B65093940 |
|
29 |
10382278 |
19/06/2013
* |
150,000,000.00 |
AXIS
BANK LIMITED |
CORPORATE
BANKING BRANCH (CBB),, 1, SHAKESPEARE S |
B78852522 |
|
30 |
10376822 |
11/09/2012 |
620,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR, 7/1, LORD SINHA ROAD,, |
B58235623 |
|
31 |
10369544 |
23/07/2012 |
1,200,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, KOLKATA, WEST BENGAL - 700071,
INDIA |
B45315918 |
|
32 |
10370529 |
05/07/2012 |
730,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B45665643 |
|
33 |
10367944 |
05/07/2012 |
1,000,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B44657708 |
|
34 |
10349975 |
15/03/2012 |
9,100,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, KOLKATA, WEST BENGAL - 700071,
INDIA |
B37673852 |
|
35 |
10337060 |
05/01/2012 |
483,247.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B32745184 |
|
36 |
10337561 |
05/01/2012 |
532,292.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B32960353 |
|
37 |
10336668 |
05/01/2012 |
535,729.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B32591737 |
|
38 |
10337050 |
05/01/2012 |
549,318.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B32742835 |
|
39 |
10318124 |
21/11/2011 |
100,000,000.00 |
STANDARD
CHARTERED BANK |
CREDIT
DOCUMENTATION UNIT, NARAIN MANZIL, 23 BARA KHAMBA ROAD, NEW DELHI, DELHI -
110001, INDIA |
B25488735 |
|
40 |
10324706 |
31/10/2011 |
621,477.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B28404796 |
|
41 |
10324714 |
31/10/2011 |
709,462.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B28407138 |
|
42 |
10317347 |
25/10/2011 |
630,355.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B25190620 |
|
43 |
10311434 |
30/09/2011 |
530,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B23039142 |
|
44 |
10284581 |
23/09/2011
* |
260,000,000.00 |
STATE
BANK OF HYDERABAD |
COMMERCIAL
BRANCH, 83,TOPSIA ROAD, KOLKATA, WEST |
B23198278 |
|
45 |
10274917 |
31/08/2012
* |
500,000,000.00 |
STATE
BANK OF HYDERABAD |
COMMERCIAL
BRANCH,, 83, TOPSIA ROAD, KOLKATA, WES |
B58190281 |
|
46 |
10265522 |
15/05/2013
* |
600,000,000.00 |
BANK
OF BARODA |
CORPORATE
FINANCIAL SERVICES BRANCH, 4, INDIA EXC |
B75292888 |
|
47 |
10262055 |
07/01/2011 |
550,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
B04184545 |
|
48 |
10250186 |
31/08/2012
* |
500,000,000.00 |
BANK
OF BARODA |
CORPORATE
FINANCIAL SERVICES BRANCH,, 4, INDIA EX |
B58081712 |
|
49 |
10252617 |
08/11/2010 |
443,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, |
B00410134 |
|
50 |
10249469 |
01/11/2010 |
3,500,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
A98991326 |
|
51 |
10246279 |
06/10/2010 |
354,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, |
A97478937 |
|
52 |
10241000 |
13/09/2010 |
1,054,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, |
A95288809 |
|
53 |
10241001 |
06/09/2010 |
313,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, |
A95289716 |
|
54 |
10240998 |
02/09/2010 |
367,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, |
A95287520 |
|
55 |
10241004 |
01/09/2010 |
475,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORD SINHA ROAD, |
A95292314 |
|
56 |
10220414 |
21/10/2013
* |
1,000,000,000.00 |
ICICI
BANK LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B88092374 |
|
57 |
10210141 |
27/03/2010 |
399,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORDS SINHA ROAD, KOLKATA, WEST BENGAL - 700071,
INDIA |
A82445131 |
|
58 |
10210139 |
16/03/2010 |
796,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORDS SINHA ROAD, KOLKATA, WEST BENGAL - 700071,
INDIA |
A82444134 |
|
59 |
10210138 |
06/03/2010 |
375,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORDS SINHA ROAD, KOLKATA, WEST BENGAL - 700071,
INDIA |
A82442849 |
|
60 |
10210143 |
05/03/2010 |
400,000.00 |
AXIS
BANK LIMITED |
LORDS
BUILDING, 1ST FLOOR,, 7/1, LORDS SINHA ROAD, KOLKATA, WEST BENGAL - 700071,
INDIA |
A82445990 |
|
61 |
10201628 |
25/01/2010 |
200,000,000.00 |
AXIS
BANK LIMITED |
CREDIT
MANAGEMENT CENTRE (CMC),, 1, SHAKESPEARE S |
A79224010 |
|
62 |
10198332 |
19/10/2010
* |
50,000,000.00 |
EXPORT-IMPORT
BANK OF INDIA |
FLOOR-21,
CENTRE ONE BUILDING, WORLD TRADE CENTRE, CUFF PARADE, MUMBAI, MAHARASHTRA -
400005, INDIA |
A97015010 |
|
63 |
10195072 |
19/10/2010
* |
200,000,000.00 |
EXPORT-IMPORT
BANK OF INDIA |
FLOOR-21,
CENTRE ONE BUILDING, WORLD TRADE CENTRE, CUFF PARADE, MUMBAI, MAHARASHTRA -
400005, INDIA |
A97064372 |
|
64 |
10202479 |
05/01/2010 |
6,700,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013,
INDIA |
A79582912 |
|
65 |
10179674 |
24/09/2009 |
500,000.00 |
TATA
CAPITAL LIMITED |
ONE
FORBES, DR V B GANDHI MARG,FORT, MUMBAI, MAHA |
A71228498 |
|
66 |
10174658 |
29/08/2009 |
1,000,000,000.00 |
LANDESBANK
BADEN-WUERTTEMBERG |
AM
HAUPTBAHNHOF 2, 70173 STUTTGART, FEDERAL REPUB |
A69337012 |
|
67 |
10173666 |
19/06/2013
* |
566,700,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, KOLKATA, 11, DR. U. N. |
B79072039 |
|
68 |
10172109 |
26/05/2014
* |
6,900,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH,, 11, DR. U. N. BRAHMAC HARI STREET, KOLKATA, WEST BENGAL -
700017, INDIA |
C07250848 |
|
69 |
10160772 |
15/05/2009 |
85,000,000.00 |
STANDARD
CHARTERED BANK |
CREDIT
RISK CONTROL, NARAIN MANZIL, 23 BARAKHAMBA |
A63448286 |
|
70 |
10159074 |
21/04/2009 |
620,000.00 |
HDFC
BANK LIMITED |
HDFC
BANK HOUSE SENAPATI BAPAT MARG, LOWER PAREL |
A62780853 |
|
71 |
10149003 |
19/12/2013
* |
390,000,000.00 |
IDBI
BANK LIMITED |
IDBI
HOUSE,, 44, SHAKESPEARE SARANI, KOLKATA, WEST BENGAL - 700017, INDIA |
B93104016 |
|
72 |
10128018 |
26/10/2009
* |
588,000,000.00 |
STANDARD
CHARTERED BANK |
(SCB
ACTING AS AN SECURITY AGENT OF SCB, LONDON), |
A75281618 |
|
73 |
10120721 |
26/10/2009
* |
500,000,000.00 |
IDBI
BANK LIMITED |
44,
SHAKESPEARE SARANI, KOLKATA, KOLKATA, WEST BE |
A74898453 |
|
74 |
10112179 |
08/07/2008 |
750,000,000.00 |
AXIS
BANK LIMITED |
KOLKATA
MAIN BRANCH,, 7, SHAKESPEARE SARANI,, KOLKATA, WEST BENGAL - 700071, INDIA |
A41650425 |
|
75 |
10093087 |
04/06/2010
* |
850,000,000.00 |
STATE
BANK OF INDORE |
COMMERCIAL
BRANCH, M-47, CONNAUGHT CIRCUS, NEW DELHI, DELHI - 110001, INDIA |
A87881074 |
|
76 |
10092254 |
19/02/2009
* |
1,319,000,000.00 |
AXIS
BANK LIMITED |
CREDIT
MANAGEMENT CENTRE (CMC),, 1, SHAKESPEARE S |
A57888885 |
|
77 |
10094464 |
21/02/2008 |
692,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH,, 11, DR. U. N. BRAHMAC |
A34950642 |
|
78 |
10058600 |
19/06/2007 |
100,000,000.00 |
UTI
BANK LTD |
KOLKATA
MAIN BRANCH, 7, SHAKESPEARE SARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
A18419622 |
|
79 |
10053263 |
28/08/2008
* |
1,488,000,000.00 |
STATE
BANK OF INDIA (LEAD BANK) |
INDUSTRIAL
FINANCE BRANCH, 11, DR. U.N.BRAHMACHARI STREET, KOLKATA, WEST BENGAL -
700017, INDIA |
A47919162 |
|
80 |
10041786 |
27/02/2009
* |
1,600,000,000.00 |
STATE
BANK OF INDIA (LEAD BANK) |
INDUSTRIAL
FINANCE BRANCH,, 11, DR. U. N. BRAHMAC HARI STREET,, KOLKATA, WEST BENGAL -
700017, INDIA |
A57950065 |
|
81 |
90267606 |
27/11/2013
* |
1,200,000,000.00 |
AXIS
BANK LIMITED |
CORPORATE
BANKING BRANCH (CBB),, 1, SHAKESPEARE S |
B92884394 |
|
82 |
90267583 |
17/01/2014
* |
2,170,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, KOLKATA, 11, DR. U. N. |
B95630596 |
|
83 |
90267579 |
11/11/2005 |
50,000,000.00 |
UTI
BANK LTD. |
KOLKATA
MAIN BRANCH, `7; SHAKESPEAR SARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
- |
|
84 |
90265209 |
11/11/2005 |
770,000,000.00 |
UTI
BANK LTD. |
KOLKATA
MAIN BRANCH, `7; SHAKESPEAR SARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
- |
|
85 |
90266132 |
03/05/2007
* |
50,000,000.00 |
UTI
BANK LTD. |
KOLKATA
MAIN BRANCH, 7, SHAKESPEARE SARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
A16674483 |
|
86 |
90266069 |
11/10/2004 |
50,000,000.00 |
UTI
BANK LTD |
KOLKATA
MAIN BRANCH, 7 SHAKESPEARE KARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
- |
|
87 |
90267430 |
20/05/2004
* |
255,500,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, 11 U N BRAMCHARI STREE |
- |
|
88 |
90264840 |
26/12/2003 |
365,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, CALCUTTA, WEST BENGAL - |
- |
|
89 |
90265958 |
16/09/2003 |
75,000,000.00 |
CANARA
BANK |
2/1;
RUSSEL STREET, CALCUTTA, WEST BENGAL - 700071, INDIA |
- |
|
90 |
90264837 |
16/08/2003 |
10,000,000.00 |
INDIAN
OVERSEAS BANK |
2;
WOOD ST, CALCUTTA, WEST BENGAL - 700016, INDIA |
- |
|
91 |
90265033 |
04/08/2003 |
4,500,000.00 |
PUNJAB
NATIONAL BANK |
P.S.
CELL, 3; C R AVENUE, KOLKATA, WEST BENGAL - |
- |
|
92 |
90265950 |
04/08/2003 |
4,500,000.00 |
PUNJAB
NATIONAL BANK |
P.S.
CELL, 3; C R AVENUE, KOLKATA, WEST BENGAL - |
- |
|
93 |
90265918 |
08/03/2003
* |
54,000,000.00 |
UTI
BANK LTD |
KOLKATA
MAIN BRANCH, 7 SHAKESPEARE SARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
- |
|
94 |
90267332 |
26/05/2003
* |
54,000,000.00 |
UTI
BANK LTD |
KOLKATA
MAIN BRANCH, 7 SHAKESPEARE SARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
- |
|
95 |
90264911 |
16/04/2004
* |
25,000,000.00 |
UTI
BANK LTD |
7;
SHAKESPEARE SARANI, CALCUTTA, WEST BENGAL - 700071, INDIA |
- |
|
96 |
90266578 |
08/03/2003
* |
47,000,000.00 |
UTI
BANK LTD |
KOLKATA
MAIN BRANCH, 7 SHAKERPEARE SARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
- |
|
97 |
90265887 |
22/09/2003
* |
20,000,000.00 |
PUNJAB
NATIONAL BANK |
44 SHAKESPEARE
SARANI, KOLKATA, WEST BENGAL - 700017, INDIA |
- |
|
98 |
90265018 |
21/06/2002 |
74,000,000.00 |
UTI
BANK LTD. |
7;
SHAKESPEARE SARANI, KOLKATA, WEST BENGAL - 700071, INDIA |
- |
|
99 |
90265886 |
02/06/2004
* |
74,000,000.00 |
UTI
BANK LTD |
7;
SHAKESPEARE SARAI, KOLKATA, WEST BENGAL - 700071, INDIA |
- |
|
100 |
90265885 |
25/05/2004
* |
40,500,000.00 |
BANK
OF INDIA |
5 B
T M SARANI, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
101 |
90267287 |
23/09/2005
* |
40,500,000.00 |
BANK
OF INDIA |
KOLKATA
CORPORATE BANKING BRANCH, 5; BTM SARANI, |
- |
|
102 |
90264819 |
04/06/2002
* |
255,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, 11; DR. U.N. BRAHAMCHA |
- |
|
103 |
90267251 |
12/03/2002
* |
1,000,000.00 |
INDUSTRIAL
DEVELOPMENT BANK OF INDIA |
44
SHAKESPEARE SARANI, KOLKATA, WEST BENGAL - 700017, INDIA |
- |
|
104 |
90265012 |
25/01/2002 |
680,000.00 |
CENTURION
BANK LTD |
234/3A,
A J C BOSE ROAD; FMC FORTUNE BUILDING, KOLKATA, WEST BENGAL, INDIA |
- |
|
105 |
90265849 |
25/01/2002 |
680,000.00 |
CENTURION
BANK LTD |
234/3A;
AJC BOSE RD, FMC FORTUNE BLDG, CALCUTTA, |
- |
|
106 |
90265839 |
09/10/2002
* |
530,000,000.00 |
ALLAHABAD
BANK |
INDUSTRIAL
FINANCE BRANCH, 19 NELLIE SENGUPTA SARANI, KOLKATA, WEST BENGAL - 700087,
INDIA |
- |
|
107 |
90265011 |
07/03/2003
* |
28,000,000.00 |
INDIAN
OVERSEAS BANK |
INTERNATIONAL
BUSINESS BRANCH, 2; WOODS STREET, KOLKATA, WEST BENGAL - 700016, INDIA |
- |
|
108 |
90265833 |
07/03/2003
* |
28,000,000.00 |
INDIAN
OVERSEAS BANK |
INTERNATIONAL
BUSINESS BRANCH, 2; WOOD ST, CALCUTTA, WEST BENGAL - 700016, INDIA |
- |
|
109 |
90265010 |
07/02/2003
* |
37,500,000.00 |
PUNJAB
NATIONAL BANK |
3, C
R AVENUE, KOLKATA, WEST BENGAL - 700072, INDIA |
- |
|
110 |
90265832 |
07/02/2003
* |
37,500,000.00 |
PUNJAB
NATIONAL BANK |
3. C
R AVENUE, CALCUTTA, WEST BENGAL - 700072, INDIA |
- |
|
111 |
90265009 |
01/09/2003
* |
37,500,000.00 |
BANK
OF INDIA |
KOLKATA
CORPORATE BANKING BRANCH, 5; BTM SARANI ( |
- |
|
112 |
90265826 |
01/09/2003
* |
65,500,000.00 |
BANK
OF INDIA |
KOLKATA
CORPORATE BANKING BRANCH, 5; BTM SARANI, |
- |
|
113 |
90264815 |
09/09/2001 |
75,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, 11; U.N. BRAHMACHARI S |
- |
|
114 |
90265822 |
09/08/2001 |
75,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, 11; U.N. BRAHMACHARI S |
- |
|
115 |
90265802 |
22/06/2002
* |
15,500,000.00 |
PUNJAB
NATIONAL BANK |
52A SHAKESPEARE
SARANI, KOLKATA, WEST BENGAL - 700017, INDIA |
- |
|
116 |
90267188 |
19/02/2002
* |
108,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, 11 U N BRAMCHARI STREE |
- |
|
117 |
90265785 |
06/02/2001
* |
30,000,000.00 |
INDUSTRIAL
INVESTMENT BANK OF INDIA LTD |
125/1
PARK STREET, KOLKATA, WEST BENGAL, INDIA |
- |
|
118 |
90265783 |
20/12/2000 |
350,000,000.00 |
STATE
BANK OF INDIA |
INDUSTRIAL
FINANCE BRANCH, 11 U N BRAMCHARI STREET, KOLKATA, WEST BENGAL - 700017, INDIA |
- |
|
119 |
90265776 |
14/11/2000 |
5,000,000.00 |
BANK
OF BARODA |
4INDIA
EXCHANGE PLACE, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
120 |
90267171 |
26/09/2000 |
45,000,000.00 |
BANK
OF BARODA |
4
INDIA EXCHANGE PLACE, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
121 |
90265680 |
06/02/2001
* |
50,000,000.00 |
INDUSTRIAL
DEVELOPMENT BANK OF INDIA |
WTC COMPLEX
IDBI TOWER CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA |
- |
|
122 |
90264783 |
10/09/1999
* |
31,500,000.00 |
INDUSTRIAL
DEVELOPMENT BANK OF INDIA |
44;
SHAKESPEARE SARANI, CALCUTTA, WEST BENGAL - 700017, INDIA |
- |
|
123 |
90264782 |
08/05/2000
* |
128,500,000.00 |
IDBI
BANK LTD |
SIDDHA
POINT, 101; PARK STREET, KOLKATA, WEST BEN |
- |
|
124 |
90265643 |
06/02/2001
* |
50,000,000.00 |
ICICI
LTD |
BANDRA
KURLA COMPLEX BANDRA EAST, BOMBAY, MAHARASH |
- |
|
125 |
90265599 |
25/12/1996
* |
10,725,000.00 |
INDIAN
RENEWABLE ENEGRY DEVELOPMENT AGENCY LTD |
CORE
A EAST COURT LODI ROAD, NEW DELHI, DELHI - 110003, INDIA |
- |
|
126 |
90265596 |
30/04/2004
* |
149,000,000.00 |
ALLAHABAD
BANK |
INDUSTRIAL
FINANCE BRANCH, 17 R N MUKHERJEE ROAD, |
- |
|
127 |
90267058 |
28/04/2001
* |
149,000,000.00 |
ALLAHABAD
BANK |
INDUSTRIAL
FINANCE BRANCH, 19NELLIE SENGUPTA SARANI, KOLKATA, WEST BENGAL - 700087,
INDIA |
- |
|
128 |
90265590 |
12/08/1999
* |
207,500,000.00 |
ALLAHABAD
BANK |
INDUSTRIAL
FINANCE BRANCH, 19 NELLI SENGUPTA SARANI, KOLKATA, WEST BENGAL - 700087,
INDIA |
- |
|
129 |
90265581 |
04/01/1996 |
15,000,000.00 |
INDUSTRIAL
RECONSTRURTION BANK OF INDIA |
19 NETAJI
SUBHAS ROAD, CALCUTTA, WEST BENGAL - 700001, INDIA |
- |
|
130 |
90265575 |
01/11/1995 |
5,000,000.00 |
ALLAHABAD
BANK |
INDUSTRIAL
FINANCE BRANCH, 16 SANSAD MARG, CALCUTTA, WEST BENGAL - 700001, INDIA |
- |
|
131 |
90264758 |
07/09/1995 |
1,000,000.00 |
ALLAHABAD
BANK |
INDUSTRIAL
FINANCE BRANCH, 16; STRAND ROAD, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
132 |
90264754 |
04/02/1997
* |
52,800,000.00 |
ALLAHABAD
BANK |
INDUSTRIAL
FINANCE BRANCH, 16; STRAND RD, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
133 |
90265548 |
18/12/1995
* |
78,500,000.00 |
BANK
OF BARODA |
4
INDIA EXCHANGE, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
134 |
90265519 |
03/03/1993
* |
23,000,000.00 |
INDUSTRIAL
RECONSTRUCTION BANK OF INDIA |
19
NETAJI SUBHAS ROAD, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
135 |
90264967 |
29/09/1991 |
3,000,000.00 |
ORIENTAL
BANK OF COMMERCE |
BRABOURNE
ROAD BRANCH, 25; BRABOURNE ROAD, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
136 |
90265502 |
23/03/1995
* |
3,000,000.00 |
ORIENTAL
BANK OF COMMERCE |
BRAHOURNE
RD; BRANCH, 25; BRABOURNE RD, CALCUTTA, |
- |
|
137 |
90264966 |
23/03/1995
* |
18,000,000.00 |
ORIENTAL
BANK OF COMMERCE |
BRABOURNE
ROAD BRANCH, 25; BRABOURNE ROAD, KOLKATA, WEST BENGAL - 700001, INDIA |
- |
|
138 |
90264728 |
19/09/1991 |
3,795,000.00 |
ORIENTAL
BANK OF COMMERCE |
BRAHOURNE
RD; BRANCH, 25; BRABOURNE RD, CALCUTTA, |
- |
REVIEW OF OPERATIONS
During the year 2013-14, subject posted
a stable performance with revenue growth of 7.92% to Rs.21662.742 Millions from Rs.200731.34 Millions for the year
2012-13. Profit for the year 2013-14 was Rs.1144.667 Millions in comparison to Rs.1141.616 Millions for the year 2012-13.
The growth in the topline reflects the stable performance of subject’s
business. This performance is particularly noteworthy when viewed against the
backdrop of the challenging business context in which this was achieved,
namely, the steep increase in cost of various raw materials and increased
competition from the unorganised players.
Exports recorded a growth of 24.16%
from Rs.2572.256 Millions in the previous year to Rs.31937.59 Millions in the
current year. As per the consolidated financial statements, the revenue from
operation and profit for the year 2013- 14 were Rs.22249.172 Millions and
Rs.11757.24 Millions respectively.
The overall performance of the Company during
2013-14, amid an adverse economic scenario, vindicates the effectiveness of the
abilities and prudency of the initiatives undertaken by Greenply’s management
to better exploit business opportunities.
During 2013-14, subject continued its
efforts in the area of product integration and deeper market penetration.
Subject continued to expand its export markets for laminates during 2013-14.
Over the years, subject has steadily grown as an interior infrastructure
solutions provider, offering the gamut of products to satisfy customers’
diverse requirement viz. plywood, laminates, decorative veneers and medium
density fibreboard (MDF). Subject is present across different price points to
cater to all customers across the high-end, mid-market and value-for-money
segments.
OUTLOOK AND EXPANSION
The Company’s outlook remains
favourable on account of its product integration capabilities, growing brand
popularity and the continuous support from its employees, shareholders,
creditors, consumers, dealers and lenders. The Company’s vision is to be a
one-stop solution for all interior infrastructure products (in its field of
operation) in the country. The Company’s pan-India distribution network ensures
easy availability of products in almost every part of India.
In respect of setting-up of the new MDF
Unit in Andhra Pradesh, necessary steps are being taken to obtain various
statutory approvals/licenses to set up the unit. Additionally, in respect of
manufacture of new value added products in the Company’s existing MDF Unit at
Pantnagar, Uttarakhand, the lamination line has been commissioned and
commercial production has commenced. The civil construction work and
installation of machineries have been completed for the new production lines of
flooring and UV coated panels and the trial production is in process. The
flooring line is expected to commence commercial production shortly.
Further, in respect of expansion of the
existing manufacturing unit of the Company at Behror, Rajasthan to manufacture
new value added products viz. High-end Veneered Engineering Flooring and
Pre-laminated Particle Board, the Company has completed purchase of Land
adjacent to the Unit. Civil construction work is nearing completion and all the
major equipment has been delivered at the site and are being installed.
In respect of setting-up of a Veneer or
Veneercum- Plywood Unit in Myanmar, the Company had incorporated a subsidiary
viz. Greenply Industries (Myanmar) Private Limited in Myanmar and obtained
approval of the Myanmar Investment Commission to set-up the Unit. The Company
has already commissioned the veneering line and trial production has been
started. We are in discussions with machine manufacturers for placing orders
for plywood machines. Further, the Company has executed a joint venture
agreement with Alkemal Singapore Pte. Ltd., Singapore in connection with owning
and operating the said Myanmar Unit through an equally owned (50:50 investments
owned directly or through subsidiary/affiliates) joint venture company in
Singapore.
GREENPLY ALKEMAL (SINGAPORE) PTE. LTD.,
a joint venture company of Greenply Industries Limited, India and Alkemal
Singapore Pte. Ltd., Singapore has been incorporated as a Private Limited
Company in Singapore. The joint venture Company will, subject to necessary
regulatory approvals, acquire and own 100% share of Greenply Industries
(Myanmar) Private Limited Your Directors are confident of achieving
significantly better results in the coming years.
MANAGEMENT
DISCUSSION AND ANALYSIS
ECONOMY REVIEW
For 2013-14, the economy grew 4.7%,
against 4.9% projected in the advance estimates, pulled down by manufacturing,
mining, construction and logistics. The performance for 2013-14 is better than
the 4.5% growth for 2012-13, a 10-year low. This is the second consecutive year
that the economy has recorded sub-five per cent growth.
Per capita income at current prices
during 2013- 14 was estimated at Rs.74,920 compared with Rs.67,839 during
2012-13, a rise of 10.4%. Gross Fixed Capital Formation (GFCF), an indicator of
investment, was forecasted at Rs.3.220 Millions crore at current prices as
against H30.7 Millions crore
in 2012- 13.
INDIAN FURNITURE INDUSTRY
India’s organised furniture industry is
estimated at around US$8 billion and expected to grow at a CAGR of about 25-30%
annually. The modular furniture market in India was estimated to be about US$
160 million (Source: Index Media Consulting report). The size of the international range of
premium furniture was estimated at about US$20 million and largely serviced by
foreign players and imports.
India’s furniture market was
concentrated in Tier-I, Tier-II and Tier-III cities; the leading 784 urban
centres contributed 41% to the total consumer furniture market; Tier-I and
Tier-II type cities accounted for 33% of the total market.
Furniture consumption in India recorded
10% average annual growth over the last decade, reaching about US$ 15 billion
in 2013 at retail prices. India’s organised furniture sector is marked by about
5,000 companies and nearly 10,500 importers. India imports around US$150
million worth of furniture, catering primarily to urban affluent households.
India’s interior decor industry is heading towards high-end, low maintenance,
quickly installable and customisable products.
Branded furniture accounts for a 30%
market share in India. IKEA announced intentions of investing Rs.105.000
Millions (1.2 billion euro) following the recent policy change, which permitted
100% foreign direct investment (FDI) in single-brand retail, which can
potentially widen the sector.
FIXED ASSETS:
·
Good Will
·
Trademarks
·
Freehold Land
·
Leasehold Land
·
Land Development
·
Building
·
Plant and Equipment
·
Furniture and Fixture
·
Vehicles
·
Heavy Vehicles
·
Office Equipments
·
Computer Software
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No exist to suggest that subject is or was
the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or investigation
registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No available
information exist that suggest that subject or any of its principals have been
formally charged or convicted by a competent governmental authority for any
financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.10 |
|
UK Pound |
1 |
Rs.102.047 |
|
Euro |
1 |
Rs.80.74 |
INFORMATION DETAILS
|
Information
Gathered by : |
NYA |
|
|
|
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NKT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
7 |
|
PAID-UP CAPITAL |
1~10 |
7 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
7 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
7 |
|
--RESERVES |
1~10 |
7 |
|
--CREDIT LINES |
1~10 |
7 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
YES |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
|
|
|
|
TOTAL |
|
61 |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NB |
NEW BUSINESS |
||
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.