MIRA INFORM REPORT
|
Report Date : |
14.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
BINANI METALS LIMITED MEDIA MAGIX DIVISION OF BINANI METALS LIMITED |
|
|
|
|
Registered
Office : |
37/2, Vhinar park, New Town, Rajarhant Main Road, P.O. Hatiara,
Kolkata – 700157, West Bengal |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as on)
: |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
25.02.1941 |
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|
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|
Com. Reg. No.: |
119187 |
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|
Capital
Investment / Paid-up Capital : |
Rs.65.200 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
L22100WB1941PLC119187 |
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|
|
Legal Form : |
A Public Limited Liability Company. The Company’s Shares are Listed on
the Stock Exchanges. |
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Line of Business
: |
Company is engaged in activities relating to start to end Logistic Solutions (include Railway Transport, Road Transport), Rent-a-Cab Services, Brokerage and Commission, Business Support Services, Trading in Stocks and Securities, Trading and Export of Goods and Dealing in Commodities Futures Contracts. |
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No. of Employees
: |
Information declined by the management. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (50) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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|
Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject is a part of Binani Group. It is an established company having satisfactory track. General financial position of the company is good. The rating also takes into consideration long track record of the comp any and established market position. Trade relations are reported as fair. Business is active. Payment
terms are reported to be usually correct. The company can be considered normal for business dealings at usual
trade terms and conditions. Note : MEDIA MEGIX is a division of “Asian Industry and Information Services Private Limited” but Asian Industry and Information Services Private Limited got amalgamated with Binani Metals Limited in 2013 so now Media Magix is a division of Binani Metals Limited. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
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 DENIED BY
|
Name : |
Mr. Shushant |
|
Designation : |
Assistant Account Officer |
|
Contact No.: |
91-22-640040 |
|
Date : |
09.10.2014 |
LOCATIONS
|
Registered Office : |
37/2, Vhinar park, New Town, Rajarhant Main Road, P.O. Hatiara,
Kolkata – 700157, West Bengal, India |
|
Tel. No.: |
91-33-23240069/23240063/49 |
|
Fax No.: |
91-33-23240023 |
|
E-Mail : |
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|
Website : |
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|
|
|
|
Corporate Office : |
Mercantile
Chambers, 12, J. N. Heredia Marg, Ballard Estate, Mumbai – 400001,
Maharashtra, India |
|
Tel. No.: |
91-22-22617491 |
|
Fax No.: |
91-22-22619577 |
DIRECTORS
|
Name : |
Mr. Braj Binani |
|
Designation : |
Chairman |
|
|
|
|
Name : |
Mr. J. D. Mehta |
|
Designation : |
Executive Vice-Chairman |
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|
|
|
Name : |
Mr. Vinod Juneja |
|
Designation : |
Managing Director |
|
|
|
|
Name : |
Mrs. Nidhi Singhania |
|
Designation : |
Director |
|
|
|
|
Name : |
Mr. V. Subramanian |
|
Designation : |
Director |
|
|
|
|
Name : |
Mr. Rajesh Kumar Bagri |
|
Designation : |
Director |
|
|
|
|
Name : |
Mr. T. R. C. Nair |
|
Designation : |
Director |
|
|
|
|
Name : |
Miss Shradha Binani |
|
Designation : |
Director (Alternate Director to Mrs. Nidhi Singhania) |
|
|
|
|
|
|
|
Name : |
Mr. B. Srinivasan - |
|
Designation : |
Director [upto 4th August, 2012] |
|
|
|
|
Name : |
Mr. Krishnan Sangameshwaran |
|
Designation : |
Director [effective 27th July, 2013] |
KEY EXECUTIVES
|
Name : |
Mr. Shushant |
|
Designation : |
Assistant Account Officer |
|
|
|
|
Name : |
Mr. Sumedh Patil |
|
Designation : |
Company Secretary |
|
|
|
|
Audit Committee : |
|
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
Not Available
BUSINESS DETAILS
|
Line of Business : |
Company is engaged in activities relating to start to end Logistic Solutions (include Railway Transport, Road Transport), Rent-a-Cab Services, Brokerage and Commission, Business Support Services, Trading in Stocks and Securities, Trading and Export of Goods and Dealing in Commodities Futures Contracts. |
GENERAL INFORMATION
|
No. of Employees : |
Information declined by the management. |
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|
|
|
Bankers : |
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|
|
|
|
Facilities : |
-- |
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|
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Banking
Relations : |
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|
|
|
|
Auditors : |
|
|
Name : |
M/s. Abrol and Maheshwary Chartered Accountants |
|
Address : |
Mumbai, Maharashtra, India |
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|
|
|
Related Entities of
Key Management Personnel : [As on 31.03.2013] |
|
|
|
|
|
Associates/Subsidiaries
: [As on 31.03.2013] |
|
|
|
|
|
Wholly Owned
Subsidiaries : [As on 31.03.2013] |
|
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital : Not Available
Issued, Subscribed
& Paid-up Capital : Rs.
65.200 Millions
AS ON 31.03.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
40,000 |
Equity Shares |
Rs.1000/- each |
Rs.40.000 Millions |
|
40,000 |
8% Non-Cumulative Redeemable Preference Shares |
Rs.1000/- each |
Rs.40.000 Millions |
|
|
Total |
|
Rs. 80.000
Millions |
Issued, Capital:
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
35,514 |
Equity Shares |
Rs.1000/- each |
Rs. 35.514 Millions |
|
29,800 |
8% Non-Cumulative Redeemable Preference Shares |
Rs.1000/- each |
Rs.29.800 Millions |
|
|
Total |
|
Rs.65.314
Millions |
Subscribed & Paid-up
Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
35,432 |
Equity Shares |
Rs.1000/- each |
Rs. 35.432 Millions |
|
|
Add : Capital Suspense Account |
|
Rs.0.000 Millions |
|
|
Less
: Calls in Arrears |
|
Rs.18.700 Millions |
|
29,800 |
8% Non-Cumulative Redeemable Preference Shares |
Rs.1000/- each |
Rs.29.800 Millions |
|
|
Total |
|
Rs.65.214
Millions |
Reconciliation of the shares outstanding at the beginning and at the end of the year ended 31st March, 2013
|
Particulars |
No. of Shares |
Rs. In Millions |
|
Equity Shares |
|
|
|
As at 1st April |
35,432 |
35.432 |
|
Issued & Subscribed during the year |
|
|
|
Outstanding as at 31st March |
35,432 |
35.432 |
|
8% Non-Cumulative Redeemable Preference Shares |
|
|
|
As at 1st April |
29800 |
29.800 |
|
Issued & Subscribed during the year |
|
|
|
Outstanding as at 31st March |
29800 |
29.800 |
(of the above 811 Equity Shares were issued to the Members of other amalgamated companies pursuant to schemes of Amalgamation).
Terms/rights attached
to Equity Shares and 8% Non-Cumulative Redeemable Preference Shares
The Company having two classes of Shares, Equity Shares of Rs. 1000/- per Share and 8% Non-Cumulative Redeemable Preference Shares of Rs. 1000/- per Share. Each holder of Equity Shares is entitled to one vote per share. In the event of liquidation of the Company, the holders of Equity Share will be entitled to receive the remaining assets of the company, after distribution to all Preference Capital Shareholders. The distribution will be in proportion to the number of Equity Shares held by the Shareholders.
Details of
shareholders holding more than 5% shares in the Company
|
Particulars |
No. of Shares |
% Holding |
|
Vijayshree Holdings Private Limited (Promoter Company) |
9059 |
25.5673 |
|
Atithi Tie-up Private Limited (Promoter Company) |
6500 |
18.345 |
|
K B Vyapar Private Limited (Promoter Company) |
6500 |
18.345 |
|
Kalpana Binani (Promoter) |
3554 |
10.0305 |
|
Mayur Enclave Private Limited (Other Bodies Corporate) |
1969 |
5.5571 |
|
8% Non-Cumulative Redeemable Preference Shares |
|
|
|
Vijayshree Holdings Private Limited (Promoter Company) |
28545 |
95.7885 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES
OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
65.200 |
65.214 |
65.214 |
|
(b) Reserves & Surplus |
132.000 |
101.266 |
92.033 |
|
(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) |
197.200 |
166.480 |
157.247 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities
(Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.500 |
0.304 |
0.043 |
|
Total
Non-current Liabilities (3) |
0.500 |
0.304 |
0.043 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
60.000 |
60.000 |
34.000 |
|
(b) Trade payables |
783.900 |
499.851 |
0.000 |
|
(c) Other current liabilities |
71.300 |
81.880 |
22.097 |
|
(d) Short-term provisions |
18.800 |
16.631 |
16.444 |
|
Total
Current Liabilities (4) |
934.000 |
658.362 |
72.541 |
|
|
|
|
|
|
TOTAL |
1131.700 |
825.146 |
229.831 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
122.700 |
80.124 |
39.102 |
|
(ii) Intangible Assets |
0.000 |
4.798 |
0.000 |
|
(iii) Capital work-in-progress |
8.000 |
4.428 |
0.000 |
|
(iv) Intangible assets under
development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
13.200 |
58.681 |
34.416 |
|
(c) Deferred tax assets (net) |
3.600 |
3.755 |
3.853 |
|
(d) Long-term Loan and Advances |
12.100 |
18.676 |
2.980 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
159.600 |
170.462 |
80.351 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
16.600 |
33.816 |
20.416 |
|
(c) Trade receivables |
641.400 |
507.978 |
1.861 |
|
(d) Cash and cash equivalents |
45.700 |
68.321 |
31.989 |
|
(e) Short-term loans and
advances |
253.500 |
39.931 |
94.187 |
|
(f) Other current assets |
14.900 |
11.638 |
1.027 |
|
Total
Current Assets |
972.100 |
661.684 |
149.480 |
|
|
|
|
|
|
TOTAL |
1131.700 |
832.146 |
229.831 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
4448.100 |
3921.547 |
146.063 |
|
|
Other Income |
6.300 |
14.347 |
8.031 |
|
|
TOTAL
(A) |
4454.400 |
3935.894 |
154.094 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchase and Direct Expenses |
0.000 |
3802.554 |
64.979 |
|
|
Purchases of Stock-in-Trade |
351.200 |
0.000 |
0.000 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
17.200 |
(12.655) |
(16.794) |
|
|
Employees benefits expense |
31.600 |
22.330 |
17.583 |
|
|
Logistic Expenses |
3424.500 |
0.000 |
0.000 |
|
|
Other Expenses |
566.800 |
73.759 |
38.448 |
|
|
TOTAL
(B) |
4391.300 |
3885.988 |
104.216 |
|
|
|
|
|
|
|
Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (C) |
63.100 |
49.906 |
49.878 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
7.600 |
5.665 |
5.074 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
55.500 |
44.241 |
44.804 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION (F) |
16.900 |
15.322 |
14.461 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
38.600 |
28.919 |
30.343 |
|
|
|
|
|
|
|
Less |
TAX
(H) |
15.300 |
7.516 |
10.408 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H)
(I) |
23.300 |
21.403 |
19.935 |
|
|
|
|
|
|
|
|
EARNINGS
IN FOREIGN CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
NA |
8.195 |
0.573 |
|
|
TOTAL
EARNINGS |
NA |
8.195 |
0.573 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
5.77 |
525.00 |
484.00 |
KEY RATIO
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
PAT / Total Income |
(%) |
0.52 |
0.54 |
12.94 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
0.87 |
0.74 |
20.77 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.49 |
3.78 |
15.84 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.20 |
0.17 |
0.19 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.30 |
0.36 |
0.22 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.04 |
1.01 |
2.06 |
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 |
65.214 |
65.214 |
65.200 |
|
Reserves & Surplus |
92.033 |
101.266 |
132.000 |
|
Net
worth |
157.247 |
166.480 |
197.200 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
34.000 |
60.000 |
60.000 |
|
Total
borrowings |
34.000 |
60.000 |
60.000 |
|
Debt/Equity
ratio |
0.216 |
0.360 |
0.304 |
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 |
146.063 |
3921.547 |
4448.100 |
|
|
|
2,584.833 |
13.427 |
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 |
146.063 |
3921.547 |
4448.100 |
|
Profit |
19.935 |
21.403 |
23.300 |
|
|
13.65% |
0.55% |
0.52% |
LOCAL AGENCY FURTHER INFORMATION
DETAILS OF CURRENT
MATURITIES OF LONG TERM DEBTS : NOT AVAILABLE
|
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 |
No |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
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 |
No |
|
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 |
No |
VIEW INDEX OF
CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
90211167 |
21/03/1964 |
5,000,000.00 |
THE PUNJAB
NATIONAL BANK LTD. |
CANNING STREET, COLABA,
MUMBAI, Maharashtra, INDI |
- |
|
2 |
90214188 |
19/01/1963 |
4,000,000.00 |
THE PUNJAB
NATIONAL BANK LTD. |
CANNING STREET,
COLABA, MUMBAI, Maharashtra, INDI |
- |
|
3 |
90214187 |
22/06/1962 |
4,000,000.00 |
THE PUNJAB
NATIONAL BANK LTD. |
CANNING STREET,
COLABA, MUMBAI, Maharashtra, INDI |
- |
|
4 |
90214186 |
08/07/1960 |
500,000.00 |
THE PUNJAB
NATIONAL BANK LTD. |
CANNING STREET,
COLABA, MUMBAI, Maharashtra, INDI |
- |
UNSECURED LOANS
|
PARTICULAR |
31.03.2014 (Rs.
in Millions) |
31.03.2013 (Rs.
in Millions) |
|
SHORT TERM
BORROWINGS |
|
|
|
From Related Companies |
NA |
60.000 |
|
|
|
|
|
Total |
NA |
60.000 |
NOTE :
The registered office of the company has been shifted from 601, Axis Mall, 6th Floor, Block C, Action Area -1, New Town, Rajarhat, Kolkata - 700156. Top the present address.
STATEMENT OF
UNAUDITED RESULT FOR THE QUARTER YEAR ENDED 30TH JUNE 2014
(Rs. In Millions)
|
Particulars |
|
|
Quarter Ended |
|
|
|
30.06.2014 |
|
|
|
|
|
Unaudited |
|
Part - I |
|
|
|
|
1. Income from Operations |
|
|
|
|
(a) Net Sales/Income from Operations (Net of
Excise Duty) |
|
|
749.900 |
|
(b) Other
Operating Income |
|
|
0.100 |
|
Total Income from Operation |
|
|
750.000 |
|
|
|
|
|
|
2. Expenses |
|
|
|
|
Logistics
expenses |
|
|
646.100 |
|
Purchases of Stock in Trade |
|
|
36.100 |
|
Changes in
inventories of finished goods, work-in-progress and stock-in-trade |
|
|
2.800 |
|
Employee benefits
expense |
|
|
9.700 |
|
Depreciation
and amortization expense |
|
|
4.700 |
|
Other
expenses |
|
|
43.100 |
|
Total Expenses |
|
|
745.500 |
|
|
|
|
|
|
3.
Profit/(Loss) from Operations before Other Income, finance cost* and Exceptional
Items (1-2) |
|
|
4.500 |
|
4. Other
income |
|
|
0.100 |
|
6.
Profit/(Loss) from ordinary activities before finance costs and exceptional
Items (3+4) |
|
|
4.600 |
|
6. Finance
Costs |
|
|
2.200 |
|
7. Profit/(Loss)
from ordinary activities after finance costs but before exceptional items
(5-6) |
|
|
2.400 |
|
8.
Exceptional Hems |
|
|
-- |
|
9.
Profit/(Loss) from ordinary activities before tax (7-8) |
|
|
2.400 |
|
10. Tax
Expense |
|
|
-- |
|
11. Net
Profit/(Loss) for the period (9-10) |
|
|
2.400 |
|
12.
Minority Interest |
|
|
-- |
|
13. Net
Profit/(Loss) after taxes, minority Interest and Share of Profit/(Loss) |
|
|
2.400 |
|
14. Paid-up
Equity Share Capital (Pace Value per share : Rs.1/- |
|
|
35.400 |
|
15.
Reserves excluding Revolution Reserve as per balance sheet of previous
accounting year |
|
|
|
|
|
|
|
|
|
16.
Earning* per share of Rs.1000/- each (Not
Annualised): |
|
|
|
|
Basic and Diluted EPS before Extraordinary items |
|
|
67.00 |
|
Basic and Diluted EPS after Extraordinary items |
|
|
67.00 |
|
|
|
|
|
|
A.
PARTICULARS OF SHAREHOLDING |
|
|
|
|
Public
shareholding |
|
|
|
|
Number of
shares |
|
|
8875 |
|
Percentage
of Shareholding |
|
|
25.05 |
|
|
|
|
|
|
Promoters and Promoter Group
Shareholding |
|
|
|
|
Pledged /encumbered |
|
|
|
|
Number of
shares |
|
|
Nil |
|
Percentage
of shares (as a % of the total shareholding of promoter and promoter group) |
|
|
Nil |
|
Percentage
of shares (as a % of the total share capital of the company) |
|
|
Nil |
|
|
|
|
|
|
Non-encumbered |
|
|
|
|
Number of
shares |
|
|
28557 |
|
Percentage
of shares (as a % of the total shareholding of promoter and promoter group] |
|
|
100% |
|
Percentage
of shares (as a % of the total share capital of the company) |
|
|
74.95% |
|
B |
INVESTOR
COMPLAINTS : |
Quarter Ended 30.06.2014 |
|
|
Pending at the beginning of the quarter |
Nil |
|
|
Received during the quarter |
Nil |
|
|
Disposed of during the quarter |
Nil |
|
|
Remaining unresolved at the end of the quarter |
Nil |
SEGMENT WISE
REVENUE, RESULTS AND CAPITAL EMPLOYED
|
Sr. No. |
Particular |
|
Quarter Ended |
|
|
|
|
|
|
30.06.2014
(Unaudited) |
|
|
|
|
|
|
|
1. |
Segment Revenue |
|
|
|
|
|
Media Services |
|
|
27.000 |
|
|
Logistics Services |
|
|
656.900 |
|
|
Commercial Activities |
|
|
66.100 |
|
|
Unallocated |
|
|
0.100 |
|
|
TOTAL |
|
|
750.100 |
|
|
|
|
|
|
|
|
Less: Inter Segment
Revenue |
|
|
-- |
|
|
|
|
|
|
|
|
Net Sales/Income
From Operations |
|
|
750.100 |
|
|
|
|
|
|
|
1. |
Segment Revenue |
|
|
|
|
|
Media Services |
|
|
(4.700) |
|
|
Logistics Services |
|
|
1.600 |
|
|
Commercial Activities |
|
|
7.600 |
|
|
|
|
|
|
|
|
Less: |
|
|
|
|
|
Finance cost |
|
|
2.200 |
|
|
Interest Income |
|
|
(0.100) |
|
|
Other Un-allocable Expenditure net off Un-allocable income |
|
|
|
|
|
|
|
|
|
|
|
TOTAL PROFIT
BEFORE TAX |
|
|
2.400 |
|
|
|
|
|
|
|
3. |
CAPITAL EMPLOYED |
|
|
|
|
|
(Segment
Assets-Segment Liabilities) |
|
|
|
|
|
Media Services |
|
|
29.500 |
|
|
Logistics Services |
|
|
27.400 |
|
|
Commercial Activities |
|
|
110.600 |
|
|
Unallocated |
|
|
28.500 |
|
|
TOTAL |
|
|
196.000 |
Note :
- The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 07.08.2014.
- The statutory auditors have conducted limited review of the company has required under clause 41 of the listing agreement with stock exchange.
- Previous year’s figures have been re-grouped/re-classified, wherever necessary, so as to make them comparable with the current year's figures.
FIXED ASSETS
- Land
- Building
- Plant and Machinery
- Computer and Software
- Office Equipments
- Furniture and Fixtures
- Vehicles
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 records 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.61.64 |
|
|
1 |
Rs.98.68 |
|
Euro |
1 |
Rs.77.60 |
INFORMATION DETAILS
|
Information
Gathered by : |
HNA |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SNT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
50 |
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.