IDENTIFICATION DETAILS
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Name : |
WHITE MARK LIMITED |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
DELW00530F |
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PAN No.: [Permanent Account No.] |
AAACW0651Q |
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Legal Form : |
A Closely Held Public Limited Liability Company |
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No. of Employees
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52 (Approximately) |
BUSINESS DETAILS
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Line of Business : |
Manufacturing of Writing Boards and Trading of Steel. |
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Brand Names : |
“WHITEMARK” |
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Imports : |
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Products : |
· Ceramic Steel |
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Countries : |
· Belgium · China |
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Terms : |
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Selling : |
Credit (60 days) |
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Purchasing : |
Credit (60 days) |
PRODUCTION STATUS AS ON 31.03.2013
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Particulars |
Unit |
Actual
Production |
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Writing Boards |
sq. mtr |
28153.68 |
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OPERATIONS AND
PERFORMANCE
The company achieved a turnover of Rs 206.000 millions with a net profit of Rs 13.891 millions during the year as compared to a turnover of Rs. 285.187 millions and a net profit of Rs. 16.595 millions during the previous year. After making a provision of Rs 4.537 millions for Income Tax the net profit after tax amounted to Rs. 9.354 millions.
GENERAL INFORMATION
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Customers : |
Wholesalers, Retailers and End Users |
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No. of Employees : |
52 (Approximately) |
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Bankers : |
Yes Bank Limited, Ground Floor, G1, G2, G3, Chiranjiv Tower, 43, Nehru
Place, New Delhi-110019, India |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Sampat Jain and Associates Chartered Accountants |
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Address : |
1st Floor, Saraswati Appartment, Chilarai Nagar Path,
Bhangaghar, Guwahati-781005, Assam, India |
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Tel. No.: |
91-361-2464556 / 2467678 |
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PAN No.: |
AAHFS3251J |
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Associates/Subsidiaries : |
Alliance Interlink Private Limited Address: M-1, Chiranjiv Tower, 43 Nehru Place, New Delhi-110019, India Line of Business: Trading in Steel |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2013
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Names of Shareholders |
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No. of Shares |
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Tarun Periwal |
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265000 |
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Shalini Periwal |
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386000 |
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Sunil Dutt |
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1000 |
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Ashok Kumar |
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9000 |
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Inder Chand Bothra |
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11000 |
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S.L. Periwal [as Karta Of S.L. Periwal and Sons (HUF)] |
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8000 |
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Pallavi Periwal |
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30000 |
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Ritika Periwal |
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30000 |
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Umed Kumar Bothra |
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40000 |
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Ajit Kumar Bothra |
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20000 |
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Total |
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800000 |
AS ON 30.09.2013
Equity Share Break up (Percentage of Total Equity)
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Category |
Percentage of Holding |
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Directors or relatives of Directors |
89.88 |
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Other top fifty shareholders |
10.12 |
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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 |
8.000 |
8.000 |
8.000 |
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(b) Reserves & Surplus |
89.355 |
80.061 |
68.821 |
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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) |
97.355 |
88.061 |
76.821 |
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(3) Non-Current Liabilities |
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(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
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(b) Deferred tax liabilities
(Net) |
0.966 |
0.996 |
1.271 |
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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) |
0.966 |
0.996 |
1.271 |
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(4) Current Liabilities |
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(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
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(b) Trade payables |
0.000 |
0.000 |
0.000 |
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(c) Other current liabilities |
9.217 |
7.026 |
7.696 |
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(d) Short-term provisions |
4.537 |
5.630 |
4.819 |
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Total
Current Liabilities (4) |
13.754 |
12.656 |
12.515 |
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TOTAL |
112.075 |
101.713 |
90.607 |
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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 |
8.522 |
8.862 |
11.191 |
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(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
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(iii) Capital work-in-progress |
0.000 |
0.000 |
0.000 |
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(iv) Intangible assets under
development |
0.000 |
0.000 |
0.000 |
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(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
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(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
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(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
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(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
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Total
Non-Current Assets |
8.522 |
8.862 |
11.191 |
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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 |
42.359 |
37.487 |
26.697 |
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(c) Trade receivables |
38.872 |
30.353 |
24.370 |
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(d) Cash and cash equivalents |
11.988 |
14.088 |
18.566 |
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(e) Short-term loans and
advances |
4.259 |
4.711 |
3.315 |
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(f) Other current assets |
6.075 |
6.212 |
6.468 |
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Total
Current Assets |
103.553 |
92.851 |
79.416 |
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TOTAL |
112.075 |
101.713 |
90.607 |
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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Revenue from operations |
206.000 |
285.187 |
208.440 |
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Other Income |
0.250 |
0.923 |
0.461 |
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TOTAL (A) |
206.250 |
286.110 |
208.901 |
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Less |
EXPENSES |
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Cost of Material Consumed |
53.062 |
86.221 |
82.081 |
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Purchase of Stock in Trade |
103.840 |
161.549 |
88.838 |
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Employee benefits expense |
17.465 |
15.792 |
14.458 |
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Other Expenses |
14.758 |
19.918 |
18.770 |
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Exceptional Items |
0.000 |
0.618 |
(1.435) |
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Changes in inventories of finished goods and stock in trade |
2.056 |
(15.796) |
(11.037) |
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TOTAL (B) |
191.181 |
268.302 |
191.675 |
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PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (A-B) (C) |
15.069 |
17.808 |
17.226 |
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Less |
FINANCIAL
EXPENSES (D) |
0.296 |
0.246 |
0.218 |
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PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
14.773 |
17.562 |
17.008 |
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Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.882 |
0.967 |
1.096 |
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PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
13.891 |
16.595 |
15.912 |
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Less |
TAX (H) |
4.597 |
5.355 |
5.267 |
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PROFIT/ (LOSS) AFTER TAX (G-H) (I) |
9.294 |
11.240 |
10.645 |
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IMPORTS |
112.021 |
173.912 |
116.641 |
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Earnings /
(Loss) Per Share (Rs.) |
11.62 |
14.05 |
13.31 |
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Particulars |
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31.03.2014 |
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Sales Turnover (Approximately) |
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200.000 |
Expected Sales ( 2014-2015 ) : Rs.220.000 Millions
The above information has been parted by Mr. Tarun Periwal.
RATING & COMMENTS
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MIRA’s Rating : |
Ba (47) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually 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 : |
M-1,
Chiranjiv Tower, 43 Nehru Place, New Delhi - 110019, India |
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Tel. No.: |
91-11-26479314 / 26221004 / 26233990 |
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Mobile : |
91-9810295940 (Mr. Tarun Periwal) |
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Fax No.: |
91-11-26217129 |
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E-Mail : |
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Websites: |
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Location: |
Rented |
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Factory : |
Village
Neemka, P.O. Bichchor, District Mewat, Haryana, India |
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Tel. No.: |
91-126-8276621 |
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Area: |
25000
sq. ft. |
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Location: |
Owned |
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Branch Office
1 : |
12, Amaltas Marg, DLF City Phase-1 Gurgaon -122002, Haryana, India |
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Tel. No.: |
91-124-4052708 |
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Fax No.: |
91-124-4052709 |
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E-Mail : |
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Location: |
Rented |
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Branch Office
2 : |
78, New Timber Yard Layout, Mysore Road, Bangalore -
560026, Karnataka, India |
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Tel. No.: |
91-80-65969551 |
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Fax No.: |
91-80-26744754 |
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E-Mail : |
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Location: |
Rented |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.