IDENTIFICATION DETAILS
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Name : |
UT PUMPS AND SYSTEMS PRIVATE LIMITED |
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Country : |
India |
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Financials (as
on) : |
31.03.2013 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
DELU02230E |
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PAN No.: [Permanent Account No.] |
AAACU3648R |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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Manufactures of Single
Screw, 2-Spindle Screw, 3-Spindle Screw Pumps, High Pressure Steam Jet
Cleaning Machines, High Pressure Water Jetting Pump and Industrial Vacuum
Cleaners etc. |
BUSINESS DETAILS
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Line of Business : |
Manufactures of Single Screw, 2-Spindle Screw, 3-Spindle Screw Pumps,
High Pressure Steam Jet Cleaning Machines, High Pressure Water Jetting Pump
and Industrial Vacuum Cleaners etc. |
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Products : |
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Terms : |
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Selling : |
Cash / Credit |
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Purchasing : |
Cash / Credit |
GENERAL INFORMATION
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No. of Employees : |
150 [Approximately] |
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Bankers : |
Allahabad Bank, Govind Bhawan, NIT, Near Neelam Chowk, Faridabad -
121001, Haryana, India |
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Facilities : |
(Rs.
In Millions)
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Banking
Relations : |
--- |
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Auditors : |
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Name : |
Gupta Gattani and Company Chartered Accountants |
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Address : |
Room No. 107, Pratap Bhawan, 5 Bahadur Shah Zafar Marg, |
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Tel. No.: |
91-11-23753699 / 41523699 |
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E-Mail : |
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PAN No.: |
AAEFG1742M |
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Enterprises over which
KMP have significant influence |
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 26.06.2012
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Names of Shareholders |
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No. of Shares |
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Sadhana Sanjaykumar Khaitan |
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1815000 |
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Sanjay Kumar Tej Narayan Khaitan |
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1815000 |
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Total |
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3630000 |
As on 26.06.2012
Equity Share Break up (Percentage of Total Equity)
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Category |
Percentage |
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Directors or relatives of Directors |
100.00 |
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Total |
100.00 |
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 |
36.300 |
36.300 |
36.300 |
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(b) Reserves & Surplus |
149.947 |
142.784 |
128.994 |
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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) |
186.247 |
179.084 |
165.294 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
8.167 |
16.141 |
12.339 |
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(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
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 |
0.000 |
0.000 |
0.000 |
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Total Non-current
Liabilities (3) |
8.167 |
16.141 |
12.339 |
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(4)
Current Liabilities |
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(a) Short
term borrowings |
15.649 |
17.721 |
21.661 |
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(b) Trade
payables |
37.616 |
62.514 |
44.257 |
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(c) Other
current liabilities |
29.945 |
33.612 |
27.633 |
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(d) Short-term
provisions |
9.709 |
30.455 |
12.688 |
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Total Current
Liabilities (4) |
92.919 |
144.302 |
106.239 |
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TOTAL |
287.333 |
339.527 |
283.872 |
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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 |
79.889 |
87.156 |
64.453 |
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(ii)
Intangible Assets |
2.142 |
2.407 |
3.015 |
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(iii)
Capital work-in-progress |
0.368 |
0.349 |
0.000 |
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(iv)
Intangible assets under development |
0.000 |
0.231 |
0.000 |
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(b) Non-current Investments |
9.680 |
9.680 |
9.367 |
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(c) Deferred tax assets (net) |
1.049 |
0.230 |
0.279 |
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(d) Long-term Loan and Advances |
0.363 |
0.365 |
0.379 |
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(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
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Total Non-Current
Assets |
93.491 |
100.418 |
77.493 |
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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 |
45.260 |
58.778 |
62.596 |
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(c) Trade
receivables |
98.689 |
120.158 |
88.847 |
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(d) Cash
and cash equivalents |
32.910 |
33.332 |
31.157 |
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(e)
Short-term loans and advances |
16.983 |
26.841 |
23.779 |
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(f) Other
current assets |
0.000 |
0.000 |
0.000 |
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Total Current
Assets |
193.842 |
239.109 |
206.379 |
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TOTAL |
287.333 |
339.527 |
283.872 |
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 |
267.587 |
321.437 |
246.353 |
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Other Income |
2.807 |
3.038 |
1.558 |
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TOTAL (A) |
270.394 |
324.475 |
247.911 |
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Less |
EXPENSES |
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Cost of materials consumed |
125.759 |
150.919 |
114.379 |
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Changes in inventories of finished goods and work-in-progress |
(4.786) |
4.156 |
(0.669) |
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Employee benefits expense |
69.389 |
65.001 |
58.304 |
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Other expenses |
49.591 |
45.510 |
44.053 |
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TOTAL (B) |
239.953 |
265.586 |
216.067 |
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Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
30.441 |
58.889 |
31.844 |
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Less |
FINANCIAL
EXPENSES (D) |
5.068 |
6.393 |
4.263 |
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PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
25.373 |
52.496 |
27.581 |
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Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
14.658 |
13.281 |
8.845 |
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PROFIT BEFORE
TAX (E-F) (G) |
10.715 |
39.215 |
18.736 |
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Less |
TAX (H) |
3.551 |
12.768 |
6.480 |
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PROFIT AFTER TAX
(G-H) (I) |
7.164 |
26.447 |
12.256 |
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Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
137.917 |
126.772 |
114.516 |
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Less |
APPROPRIATIONS |
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Transfer to General Reserve |
0.000 |
2.645 |
0.000 |
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Dividend |
0.000 |
10.890 |
0.000 |
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Tax on Dividend |
0.000 |
1.767 |
0.000 |
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BALANCE CARRIED
TO THE B/S |
145.081 |
137.917 |
126.772 |
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EARNINGS IN
FOREIGN CURRENCY |
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FOB Value of Export |
6.813 |
5.944 |
4.891 |
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Commission |
0.000 |
0.248 |
0.000 |
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TOTAL EARNINGS |
6.813 |
6.192 |
4.891 |
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IMPORTS |
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Raw Materials |
20.290 |
16.901 |
19.684 |
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Capital Goods |
4.031 |
16.510 |
16.982 |
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TOTAL IMPORTS |
24.321 |
33.411 |
36.666 |
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Earnings Per
Share (Rs.) |
1.97 |
7.29 |
3.38 |
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LOCAL AGENCY FURTHER INFORMATION
Note:
The registered office of the company has been shifted from
“Kailash” 114-A, Central Avenue, Sainik Farm, New Delhi - 110062, India to the
present address w.e.f. 01.02.2011.
CORPORATE INFORMATION
Subject is a
private limited company and incorporated under the Companies Act, 1956 with the
Registrar of Company NCT of Delhi and Haryana on 2nd May, 1984. Company
manufactures Single Screw, 2-Spindle Screw, 3-Spindle Screw Pumps, High
Pressure Steam Jet Cleaning Machines, High Pressure Water Jetting Pump and
Industrial Vacuum Cleaners etc.
OPERATIONS
In the year, the Company has recorded gross turnover/income to Rs.270.394 Millions which is 17% decreased as compared to Rs.324.475 Millions in the previous year. The net profit before tax has also decreased to Rs.10.715 Millions as compared to Rs.39.215 Millions in the previous year.
The Company is making continuous efforts towards selling of complete systems to suit the customer requirements and expanding its product range, increasing customer base, indigenisation and cost reduction.
RATING & COMMENTS
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MIRA’s Rating : |
B (31) |
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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 : |
Room No. 107, 1st Floor, Pratap Bhawan, 5, Bahadur Shah
Zafar Marg, New Delhi - 110002, India |
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Tel. No.: |
Not Available |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Factory : |
14/7, Mathura Road, Faridabad - 121003, Haryana, India |
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Tel. No.: |
91-129-2274861 / 4045831 / 4046882 / 2258588/ 3099731 / 2258590 / 3299731 |
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Fax No.: |
91-129-2275877 / 2258584 |
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E-Mail : |
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Regional Office 1 : |
Unit No. C-203, 2nd Floor, C-Wing, Building No. 2, Kailash Industrial
Complex, Behind Godrej Residential Colony, Parksite, Vikhroli (West), Mumbai –
400079, Maharashtra, India |
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Tel. No.: |
91-22-32992488/ 25171490 |
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Fax No.: |
91-22-25171491 |
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Regional Office 2 : |
No.3, 7th Floor, Alsa Towers No.186 and 187, Poonamalle High Road,
Kilpauk, Chennai – 600010, Tamilnadu, India |
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Tel. No.: |
91-44-32924212/ 26401850 |
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Fax No.: |
91-44-26401850 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.