1. Summary Information
|
|
|
Country |
|
|
Company Name |
SCHNEIDER ELECTRIC INDIA PRIVATE LIMITED |
Principal Name 1 |
Mr. Rajani Kesari |
|
Status |
Moderate |
Principal Name 2 |
Mr. Anil Chaudhry |
|
|
|
Registration # |
55-65815 |
|
Street Address |
Plot No.B-12, Ground Floor, Rewari Line, Mayapuri Industrial Area,
Phase I, New Delhi – 110 064 |
||
|
Established Date |
24.02.1995 |
SIC Code |
-- |
|
Telephone# |
91-11-30189530 |
Business Style 1 |
Manufacturer |
|
Fax # |
Not Divulged |
Business Style 2 |
Marketing |
|
Homepage |
Product Name 1 |
copper cables |
|
|
# of employees |
Not Divulged |
Product Name 2 |
copper components |
|
Paid up capital |
Rs. 7013.595,000/- |
Product Name 3 |
fibre cables |
|
Shareholders |
Foreign holdings –
100.00% |
Banking |
State Bank of
India |
|
Public Limited Corp. |
No |
Business Period |
19 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
B
(30) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Holding Company |
France |
Schneider Electric Industries S.A.S |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
30.06.2013 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
13,101,300,000 |
Current Liabilities |
9,394,605,000 |
|
Inventories |
3,993,600,000 |
Long-term Liabilities |
7,138,200,000 |
|
Fixed Assets |
4,052,100,000 |
Other Liabilities |
620,300,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
17,153,105,000 |
|
Invest& other Assets |
879,300,000 |
Retained Earnings |
(2,140,400,000) |
|
|
|
Net Worth |
4,873,195,000 |
|
Total Assets |
22,026,300,000 |
Total Liab. & Equity |
22,026,300,000 |
|
Total Assets (Previous Year) |
28,799,300,000 |
|
|
|
P/L Statement as of |
30.06.2013 |
(Unit: Indian Rs.) |
|
|
Sales |
33,160,400,000 |
Net Profit |
(6,530,000,000) |
|
Sales(Previous yr) |
26,877,900,000 |
Net Profit(Prev.yr) |
(2,980,100,000) |
MIRA INFORM REPORT
|
Report Date : |
04.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
SCHNEIDER ELECTRIC INDIA PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Plot No.B-12, Ground Floor, Rewari Line, Mayapuri Industrial Area,
Phase I, New Delhi – 110 064 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
30.06.2013 |
|
|
|
|
Date of
Incorporation : |
24.02.1995 |
|
|
|
|
Com. Reg. No.: |
55-65815 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 7013.595 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1995PTC065815 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELS22760D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCS1624G |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Marketing of copper cables, copper components, fibre cables, and fibre components etc. |
|
|
|
|
No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
|
MIRA’s Rating : |
B (31) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 20000000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track record. Management of the company has changed its financial year from (31st
March 2012 to 30th June 2013) ranging from 1st April
2012 to 30th June 2013 for 15 months. The company has recorded some accumulated losses during 2013. However, trade relations are reported as fair. Business is active.
Payments are reported to be slow but correct. The company can be considered for business dealings with some caution.
|
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
India |
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
Verdict Implications
: Apex court order may alter coal import dynamics. Traders go slow on talks
over coal supply contracts, uncertainty over cancellation of blocks weigh on
stocks.
Recent arrest of the
Chennai head of the Registrar of Companies, the ministry of corporate affairs
arm that ensures that companies file all the information required by the
Companies Act is the latest manifestation of a messy fight between a father and
his adopted son for the control of Rs 40000 mn business empire. The Central
Bureau of Investigation arrested Manumeethi Cholan after he accepted Rs 10
lakhs as bribe from M A M Ramaswamy, a CBI official said.
Central Bureau of
Investigation books Electrotherm for cheating Central Bank of Rs 4360 mn.
Infosys maintains revenue
guidance. COO Rao says attrition still an area of concern and it would take a
few more quarters to bring down levels to 13-15 %.
DHL to invest
Euro 100 mn in India over next 2 years. The firm has chosen India to pilot its
e-commerce business model for the Asia-Pacific region.
Blackstone may buy
stake in BlueRidge SEZ in line with the fund’s real estate strategy in India.
Kingfisher Airlines
Ltd grounded in October 2012 under the weight of heavy debt and accumulated
losses, recently approached the Delhi high court for relief in two separate
cases. The airline challenged a notice by Punjab & National Bank alleging
that It had wilfully defaulted on Rs 7700 mn of loans and sought more time to
comply with the requirements under the listing agreements with the Stock
Exchanges.
OnMobile likely to
sack another 300 employees. The lay-offs follow a spate of senior-level exits
over the past two years, starting with of its founder. The overall lay-offs
could number around 600 and are driven by the need to cut costs, says a former
employee.
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 DECLINED
Management non co-operative
Tel. No.: 91-11-30189530
LOCATIONS
|
Registered Office : |
Plot No.B-12, Ground Floor, Rewari Line, Mayapuri Industrial Area,
Phase I, New Delhi – 110 064, India |
|
Tel. No.: |
91-11-30189530 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Head Office /Corporate
office: |
9th Floor, |
|
Tel. No.: |
91-124-3940400 |
|
Fax No.: |
91-124-4222036 |
DIRECTORS
AS ON: 27.12.2013
|
|
|
|
Name : |
Mr. Rajani Kesari |
|
Designation : |
Whole Time Director |
|
Address : |
3C-31, Westend Heights, DLF Cyber City, Gurgaon - 122 001,
Haryana, India |
|
Date of Birth/Age : |
02.07.1971 |
|
Qualification : |
|
|
Date of Appointment : |
11.10.2008 |
|
PAN No.: |
ABZPK0831F |
|
DIN No.: |
02384170 |
|
|
|
|
Name : |
Anil Chaudhry |
|
Designation : |
Managing director |
|
Address : |
1046, Sector – 28, Faridabad – 121008, Haryana, India |
|
Date of Birth/Age : |
11.03.1961 |
|
Date of Appointment : |
27.12.2013 |
|
DIN No. : |
03213517 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U65921HR2010PTC041756 |
Energy Grid
Automation Transformers and Switchgears India Private Limited |
Director |
29/12/2010 |
29/12/2010 |
- |
Active |
NO |
|
2 |
L31102DL1957PLC193993 |
ALSTOM T & D
India Limited |
Director |
04/05/2011 |
04/02/2011 |
12/12/2011 |
Active |
NO |
|
3 |
L31900GJ2011PLC064420 |
SCHNEIDER
ELECTRIC INFRASTRUCTURE LIMITED |
Director |
12/03/2011 |
12/03/2011 |
- |
Active |
NO |
|
4 |
U74899DL1995PTC065815 |
SCHNEIDER
ELECTRIC INDIA PRIVATE LIMITED |
Managing
director |
27/12/2013 |
01/03/2013 |
- |
Active |
NO |
|
5 |
L32109MH1984PLC034340 |
SCHNEIDER
ELECTRIC PRESIDENT SYSTEMS LIMITED |
Director |
27/09/2013 |
13/08/2013 |
- |
Active |
NO |
|
6 |
U31200TN1996PTC082282 |
INVENSYS INDIA
PRIVATE LIMITED |
Additional
director |
18/03/2014 |
18/03/2014 |
- |
Active |
NO |
|
7 |
U74140DL2013NPL258047 |
SPREADING
HAPPINESS FOUNDATION |
Additional
director |
21/04/2014 |
21/04/2014 |
- |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Faizur Rehman |
|
Designation : |
Secretary |
|
Address : |
6459, Gali Ishwari Prasad, Bara Hindu Rao, Delhi – 110006, India |
|
Date of Birth/Age : |
05.03.1978 |
|
Date of Appointment : |
30.07.2009 |
|
PAN No : |
AHJPR4025N |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 27.12.2013
|
Names of Shareholders |
Preference Share
|
Equity Shares |
|
Schneider Electric Industries S.A.S., |
-- |
370435465 |
|
Societe Rhodanienne D’Etudeset De Participations, |
-- |
1 |
|
Schender Electric Denmark A/S , denmark |
-- |
2850760 |
|
Schender Electric Services International |
-- |
29432862 |
|
Schender Electric IT Business India Private Limited, India |
500000000 |
-- |
|
|
|
|
|
Total |
500000000 |
402719088 |
Equity Share Break up (Percentage of Total Equity)
AS ON: 27.12.2013
|
Category |
|
Percentage |
|
|
|
|
|
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others] |
|
100.00 |
|
|
|
|
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Marketing of copper cables, copper components, fibre cables, and fibre components etc. |
|
|
|
|
Brand Names : |
“DIGILINK” |
PRODUCTION STATUS (As on 31.03.2011)
|
Particulars |
Unit |
Installed
Capacity * |
Actual
Production *** |
|
Industrial, Electrical and Electronic Item |
Nos. |
48573262 |
41373820 |
|
|
|
|
|
Note:
License capacity is not applicable for Baroda plant and PFC plant at Bangalore. License capacity for other plants is 30,915,500 nos.
* As certified by the management.
** Includes normal shortages/excesses, samples, warranty issues, etc.
*** The production quantity is not comparable with installed capacity because of difference in unit of Measurement.
GENERAL INFORMATION
|
No. of Employees : |
Information declined by the management. |
|||||||||||||||
|
|
|
|||||||||||||||
|
Bankers : |
State Bank of India, MID Corporate Loan Administration Unit, Residency
Plaza, 3rd Floor, No. 61, Residency Road, Bangalore – 560025,
Karnataka, India |
|||||||||||||||
|
|
|
|||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
S.R. Batliboi and Company LLP Chartered Accountants |
|
Address : |
Golf View Corporate Tower – B, Sector – 42, |
|
PAN No.: |
AALFS0506L |
|
|
|
|
Holding Company: |
Schneider Electric Industries S.A.S, France |
|
|
|
|
Subsidiaries : |
Schneider Electric (Lanka) Private Limited (Sri Lanka) Schneider Electric Fusegears India Private Limited U31909DL2010PTC204196 |
|
|
|
|
Fellow subsidiaries
with which there have been transactions : |
· APW President Systems Limited · Cimac Software Systems Private Limited · Clipsal Australia Pty Limited · Clipsal Integrated Systems (M) · Clipsal Manufacturing Systems (M) · Clipsal Manufacturing (Huizhou) Ltd · Clipsal Middle East FZC · Clipsal Vietnam · C-Matic Systems Limited · Control Microsystems · Delixi Electric Limited · Digital Electronic Corporation · Elau GmbH · Elda - Eltra Elektrotechnika S.A. · Electrical Power Distribution · Elso Gmbh Elektrotechnik · Feller AG · Fuji Electric FA Components and Systems Company Limited · Gutor Electronic LLC · Jo-El Electric A/S · Luminous Power Technologies Private Limited · Schneider Chile S.A. · Schneider Electric FZE · Manufacturas Electricas S.A · Merlin Gerin Ales, France · Merten Gmbh · P.T. Schneider Indonesia · PT Schneider Electric MFG · Pelco · Pelco Asia Pacific PTE · Pelco Finland OY · Power Measurement Canada · Pro-Face South-East Asia Pacific Company · Pt Schneider Electric Indonesia · Rectiphase Compensation D'Energie · S.E.A. STE Electrique · Samwha Eocr Company Limited · Sarel SA · Scanelec SA · Schenider Shanghai Power Distribution Electrical App. Company Limited · Schneider (Thailand) Limited · Schneider Automation SAS · Schneider Beijing Medium Low Votage Company · Schneider Busway (Guangzhou) Ltd · Schneider Electric Centroamericaltda · Schneider Electric Distribution Egypt · Schneider Electric Motion Deutschl. Gmbh and Co Kg · Schneider Electric, Chile · Schneider Electric (China) Company Limited · Schneider Electric Cyprus · Schneider Electric - P L 48 · Schneider Electric (Hong Kong ) Limited · Schneider Electric (Australia) Pty Limited · Schneider Electric (China) Investment Company Limited · Schneider Electric (Hong Kong) Limited · Schneider Electric (Korea) Limited · Schneider Electric (Or Power Measurement Limited) · Schneider Electric (Singapore) Pte Limited · Schneider Electric (Suisse) Sa · Schneider Electric (Taiwan) Limited, · Schneider Electric (Thailand) Limited · Schneider Electric, Turkey · Schneider Electric, Australia · Schneider Electric, Sofia · Schneider Electric A.S. Set-Rdc · Schneider Electric Argentina S.A · Schneider Electric Asia Pacific Limited · Schneider Electric Australia Pty Limited · Schneider Electric Austria Ges.Mb.H · Schneider Electric Manufacturing Batam, Indonesia · Schneider Electric Brasil LTDA · Schneider Electric Building LLC · Schneider Electric Buildings AB · Schneider Electric Buildings Australia Pty Limited · Schneider Electric Buildings Singapore Pte Limited · Schneider Electric Bulgaria · Schneider Electric Centroamerica · Schneider Electric Cz, S.R.O. · Schneider Electric Denmark A.S. · Schneider Electric Egypt · Schneider Electric Energy · Schneider Electric Energy Manufacturing Italia SRL · Schneider Electric Energy UK Limited · Schneider Electric ESP Limited · Schneider Electric Espana S.A.U · Schneider Electric France, France · Schneider Electric FZE · Schneider Electric GmbH · Schneider Electric Hungaria · Schneider Electric Indonesia · Schneider Electric Industries (M) · Schneider Electric Industries (Malaysia)Sdn Bhd · Schneider Electric Industries S.A · Schneider Electric Infrastructure Limited · Schneider Electric Israel · Schneider Electric IT Business India Private Limited · Schneider Electric IT Denmark APS · Schneider Electric IT Logistics Asia Pacific Pte Limited · Schneider Electric Italy SPA · Schneider Electric Korea Ltd · Schneider Electric Limited, UK · Schneider Electric LLP Kazakhstan · Schneider Electric Limited, Leeds · Schneider Electric Logistics Asia Pte Limited · Schneider Electric Manufacturing · Schneider Electric Mexico S.A · Schneider Electric Motion · Schneider Electric Nigeria Limited · Schneider Electric NV/SA · Schneider Electric Overseas Asia Pte Limited · Schneider Electric Peru · Schneider Electric Philippines, Inc · Schneider Electric Poland · Schneider Electric Power Drives Gmb · Schneider Electric Sea(HQ) Pte Limited · Schneider Electric Services International, Belgium · Schneider Electric Singapore Pte Limited · Schneider Electric Slovakia · Schneider Electric Solar Inverters USA, Inc · Schneider Electric South East Asia (HQ) Pte Limited · Schneider Electric Spain C · Schneider Electric Sverige AB · Schneider Electric Swiss · Schneider Electric Telecontrol · Schneider Electric Thiland · Schneider Electric Usa,Inc · Schneider Electric, Australia · Schneider Electric, CJSC · Schneider Electric,Jordan · Schneider Elektrik, A.S. · Schneider Elektrik San. Ve Tic. A. · Schneider Elektrik Sanayi Ve Ticare · Schneider Logistics Asia Pte, Singapore · Schneider Medium Low Votage Company · Schneider Medium Voltage Company · Schneider Shanghai Appratus Manufacturing Company · Schneider Shanghai Industrial Control, China · Schneider Shanghai Low Voltage Terminal Apparatus Company Limited · Schneider Shanghai Power Distribution Elec.App Company Limited · Schneider Transformers Company Limited · Schneider US · Schneider(Suzhou) Transformers Company Limited · Schneider Electric A.E.B.E (Greece) · Schneider Electric South Africa (Pty) Limited · Se Cee Plovdiv · Schneider Hongkong · Société Francaise Gardy · Square D Company, Usa · Stromfors Electric OY · TAC AB, Sweden · TAC USA · Telemecanique Iran · Uniflair India Private Limited · Veris Industries LLC · Wuxi Pro-Face Electronics Company Limited · Xantrex Technology, Inc |
CAPITAL STRUCTURE
AS ON: 30.06.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
900,000,000 |
Equity Shares |
Rs.5/- each |
Rs. 4500.000 Millions |
|
550,000,000 |
Preference Shares |
Rs.10/- each |
Rs. 5500.000 Millions |
|
|
|
|
|
|
|
Total |
|
Rs. 10000.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
402,719,088 |
Equity Shares |
Rs.5/- each |
Rs. 2013.595
Millions |
|
500,000,000 |
Preference Shares |
Rs.10/- each |
Rs. 5000.000
Millions |
|
|
|
|
|
|
|
Total |
|
Rs. 7013.595 Millions |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
30.06.2013 [15 Months] |
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
7013.595 |
3977.191 |
3682.862 |
|
(b) Reserves & Surplus |
(2140.400) |
1926.400 |
(3405.300) |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
4873.195 |
5903.591 |
277.562 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
34.500 |
44.800 |
8652.600 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term liabilities |
78.300 |
40.900 |
12.600 |
|
(d) long-term provisions |
58.800 |
60.600 |
47.000 |
|
Total Non-current
Liabilities (3) |
171.600 |
146.300 |
8712.200 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
7103.700 |
14233.200 |
1394.500 |
|
(b) Trade payables |
8362.405 |
6973.009 |
6972.738 |
|
(c) Other current liabilities |
1032.200 |
1120.100 |
857.000 |
|
(d) Short-term provisions |
483.200 |
423.100 |
304.600 |
|
Total Current Liabilities
(4) |
16981.505 |
22749.409 |
9528.838 |
|
|
|
|
|
|
TOTAL |
22026.300 |
28799.300 |
18518.600 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
3043.400 |
2566.300 |
1822.300 |
|
(ii) Intangible Assets |
1008.700 |
5788.400 |
1906.500 |
|
(iii) Capital work-in-progress |
839.700 |
627.300 |
213.900 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
39.600 |
40.100 |
40.100 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
668.700 |
441.600 |
501.300 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
5600.100 |
9463.700 |
4484.100 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
3993.600 |
4312.000 |
3960.700 |
|
(c) Trade receivables |
8252.600 |
6938.000 |
6128.500 |
|
(d) Cash and cash equivalents |
1053.200 |
5063.700 |
1716.000 |
|
(e) Short-term loans and advances |
2120.100 |
2397.100 |
1832.700 |
|
(f) Other current assets |
1006.700 |
624.800 |
396.600 |
|
Total Current Assets |
16426.200 |
19335.600 |
14034.500 |
|
|
|
|
|
|
TOTAL |
22026.300 |
28799.300 |
18518.600 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
30.06.2013 [15 Months] |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales (net) and Other Income |
33160.400 |
26877.900 |
20572.321 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
(3603.000) |
1505.900 |
(185.714) |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
(6530.400) |
(2980.100) |
(1142.528) |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Exports at F.O.B. Value |
4299.700 |
3596.700 |
3631.500 |
|
|
|
Others – Services |
4684.100 |
2875.500 |
2016.504 |
|
|
TOTAL EARNINGS |
8983.800 |
6472.200 |
5648.004 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Industrial Electrical,
Electronic Items and Raw Material - Goods purchase for resale |
4690.700 |
6080.100 |
4150.304 |
|
|
|
- Raw Materials and Component |
4960.900 |
4708.200 |
4475.025 |
|
|
|
Stores & Spares |
0.000 |
4.300 |
5.337 |
|
|
|
Capital Goods |
371.400 |
178.700 |
94.537 |
|
|
TOTAL IMPORTS |
10023.000 |
10971.300 |
8725.203 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
(7.23) |
7.49 |
2.87 |
|
KEY RATIOS
|
PARTICULARS |
|
30.06.2013 [15 Months] |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
(19.69) |
(11.09) |
(5.55)
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
1.46 |
2.41 |
36.20 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.97 |
0.85 |
1.47
|
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
Debt/Equity ratio
|
Particular |
31.03.2011 |
31.03.2012 |
30.06.2013 [15 Months] |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
3682.862 |
3977.191 |
7013.595 |
|
Reserves & Surplus |
(3405.300) |
1926.400 |
(2140.400) |
|
Net
worth |
277.562 |
5903.591 |
4873.195 |
|
|
|
|
|
|
long-term borrowings |
8652.600 |
44.800 |
34.500 |
|
Short term borrowings |
1394.500 |
14233.200 |
7103.700 |
|
Total
borrowings |
10047.100 |
14278.000 |
7138.200 |
|
Debt/Equity
ratio |
36.198 |
2.419 |
1.465 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2011 |
31.03.2012 |
30.06.2013 [15 Months] |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales (net) and Other Income |
20572.321 |
26877.900 |
33160.400 |
|
|
|
30.651 |
23.374 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2011 |
31.03.2012 |
30.06.2013 [15 Months] |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales (net) and Other Income |
20572.321 |
26877.900 |
33160.400 |
|
Profit/(Loss) After Tax |
(1142.528) |
(2980.100) |
(6530.400) |
|
|
(5.55%) |
(11.09%) |
(19.69%) |
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 |
No |
|
9] |
Name of person contacted |
No |
|
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 |
Yes |
|
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 |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
Note: No Charges
Exist for Company
Note:
The Registered Office of the company has been shifted from A-29, Mohan
Co Operative Industrial Estate, Mathura Road, New Delhi – 110044, India to the
present address w.e.f. 26.02.2010.
UNSECURED LOAN
|
PARTICULAR |
30.06.2013 (Rs. in Millions) |
31.03.2012 (Rs. in Millions) |
|
SHORT TERM
BORROWINGS |
|
|
|
Other loans and advances |
6103.700 |
10233.200 |
|
|
|
|
|
Total |
6103.700 |
10233.200 |
PERFORMANCE DURING
THE YEAR
During the period, Company’s has achieved growth of more than 23.1% in its Turnover from Rs. 26877.900 Millions to Rs. 33160.400 Millions. However, the losses after tax have also increased from Rs. 2980.100 Millions to Rs. 6530.400 Millions.
FIXED ASSETS
·
Land – Leasehold
·
Leasehold Improvements
·
Building
·
Plant and machinery
·
Furniture and Fixture
·
Office Equipment
·
Data Processing
Equipments
·
Vehicles
·
Goodwill
·
Trade Mark
·
Software
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources including
but not limited to: The Courts,
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. 61.75 |
|
|
1 |
Rs.100.07 |
|
Euro |
1 |
Rs. 77.95 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SNT |
|
|
|
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
2 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
30 |
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.