MIRA
INFORM REPORT
IDENTIFICATION DETAILS
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Name : |
TRANSPORT SOLUTIONS INDIA PRIVATE LIMITED (w.e.f. 28.05.2008) |
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Formerly Known
As : |
STOKOTA ENGEE INDIA PRIVATE LIMITED
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Country : |
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Financials (as
on) : |
31.03.2012 |
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PAN No.: [Permanent Account No.] |
AAJCS5378K |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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Not Divulged |
BUSINESS DETAILS
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Line of Business : |
Subject is engaged in manufacturing of trailers and tippers. . |
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Products : |
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GENERAL INFORMATION
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No. of Employees : |
Not Divulged |
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Bankers : |
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Bank of Maharashtra, Deccan Gymkhana Branch, · Citi Bank |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
V. C. Venkatraman and Company Chartered Accountants |
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Address : |
11, Alka Classic, Near Union Bank of India, Somwar Peth, Pune – 411011, Maharashtra, India |
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PAN.: |
ABNPV4509M |
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Subsidiary : |
Groeneveld India Private Limited [U74999PN2009PTC135137] |
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Associates : |
· Lohr India Automotive Private Limited [U34202PN2008PTC132243] · HLM India Private Limited [U36900PN2010PTC137860] |
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Joint Venture : |
Mosolf India Logistics Private Limited [U63040PN2010FTC135587] |
MAJOR SHAREHOLDERS
AS ON 06.08.2013
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Names of Shareholders |
No. of Shares |
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Vijai Kumar Singh |
1436644 |
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Anand Singh |
1154607 |
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J. Vaandrager Beher B.V., Holland |
1000000 |
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Duke Special Opportunities Fund LLC, CA |
90520 |
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Duke Equity Partners, California |
91320 |
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TS India Holdings LLC, California |
28369 |
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Duke Advisors Private Limited, India |
653489 |
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Surya Premises Private Limited, India |
135000 |
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Duke Equity Limited, UAE |
743552 |
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Bafna Motors (Mumbai) Private Limited, India |
398928 |
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Elzas Holding BV, Netherlands |
395753 |
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Automotive Manufactures Private Limited, India |
714286 |
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Kinnary Singh |
9428 |
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Shanti Singh |
77428 |
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Amit Singh |
171142 |
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Total |
7100466 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
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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 |
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59.993 |
59.993 |
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(b) Reserves & Surplus |
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137.538 |
112.145 |
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(c) Money
received against share warrants |
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0.000 |
0.000 |
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(2) Share Application money pending allotment |
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1.081 |
1.081 |
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Total
Shareholders’ Funds (1) + (2) |
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198.612 |
173.219 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
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70.743 |
37.669 |
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(b) Deferred tax liabilities (Net) |
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1.051 |
0.152 |
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(c) Other long term liabilities |
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0.000 |
0.000 |
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(d) long-term provisions |
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0.000 |
0.000 |
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Total Non-current Liabilities (3) |
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71.794 |
37.821 |
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(4) Current Liabilities |
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(a) Short term borrowings |
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112.075 |
79.175 |
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(b) Trade payables |
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127.644 |
70.248 |
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(c) Other current
liabilities |
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21.760 |
5.110 |
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(d) Short-term provisions |
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1.919 |
0.910 |
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Total Current Liabilities (4) |
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263.398 |
155.443 |
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TOTAL |
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533.804 |
366.483 |
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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 |
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109.195 |
103.519 |
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(ii) Intangible Assets |
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0.000 |
0.000 |
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(iii) Capital
work-in-progress |
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43.048 |
21.968 |
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(iv)
Intangible assets under development |
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0.000 |
0.000 |
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(b) Non-current Investments |
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27.771 |
9.849 |
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(c) Deferred tax assets (net) |
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0.000 |
0.000 |
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(d) Long-term Loan and Advances |
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3.457 |
0.670 |
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(e) Other Non-current assets |
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8.676 |
10.742 |
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Total Non-Current Assets |
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192.147 |
146.748 |
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(2) Current assets |
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(a) Current investments |
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0.000 |
0.000 |
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(b) Inventories |
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103.077 |
86.203 |
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(c) Trade receivables |
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148.023 |
87.559 |
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(d) Cash and cash
equivalents |
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11.225 |
22.767 |
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(e) Short-term loans and
advances |
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78.050 |
23.178 |
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(f) Other current assets |
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1.282 |
0.028 |
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Total Current Assets |
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341.657 |
219.735 |
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TOTAL |
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533.804 |
366.483 |
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SOURCES OF FUNDS |
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31.03.2010 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
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49.604 |
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2] Share Application Money |
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7.081 |
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3] Reserves & Surplus |
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87.658 |
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4] (Accumulated Losses) |
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(48.558) |
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NETWORTH |
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95.785 |
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LOAN FUNDS |
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1] Secured Loans |
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94.389 |
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2] Unsecured Loans |
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33.072 |
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TOTAL BORROWING |
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127.461 |
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DEFERRED TAX LIABILITIES |
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0.000 |
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TOTAL |
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223.246 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
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102.267 |
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Capital work-in-progress |
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12.066 |
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INVESTMENT |
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3.756 |
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DEFERREX TAX ASSETS |
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0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
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58.425 |
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Sundry Debtors |
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70.597 |
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Cash & Bank Balances |
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6.355 |
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Other Current Assets |
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0.583 |
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Loans & Advances |
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16.849 |
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Total
Current Assets |
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152.809 |
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Less : CURRENT LIABILITIES & PROVISIONS |
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Sundry Creditors |
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57.522 |
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Other Current Liabilities |
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0.000 |
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Provisions |
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1.015 |
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Total
Current Liabilities |
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58.537 |
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Net Current Assets |
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94.272 |
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MISCELLANEOUS EXPENSES |
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10.885 |
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TOTAL |
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223.246 |
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PROFIT & LOSS
ACCOUNT
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PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
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SALES |
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Income |
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Other Income |
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TOTAL |
526.009 |
550.869 |
278.468 |
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EXPENSES |
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Cost of sales |
459.693 |
494.896 |
247.105 |
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Administrative Expenses |
12.532 |
10.903 |
8.389 |
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TOTAL |
NA |
NA |
NA |
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PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
51.563 |
42.834 |
20.989 |
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FINANCIAL
EXPENSES |
14.963 |
12.854 |
11.044 |
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PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
36.600 |
29.980 |
9.945 |
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DEPRECIATION/
AMORTISATION |
8.956 |
8.562 |
8.698 |
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PROFIT BEFORE
TAX |
27.644 |
21.418 |
1.247 |
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TAX |
2.251 |
0.152 |
NA |
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PROFIT AFTER TAX
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25.393 |
21.266 |
NA |
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EARNINGS IN
FOREIGN CURRENCY |
0.000 |
1.453 |
6.552 |
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Earnings Per
Share (Rs.) |
3.58 |
NA |
NA |
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RATING & COMMENTS
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MIRA’s Rating : |
B (29) |
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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 : |
Unknown |
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Litigation : |
Clear |
RBI DEFAILTERS’ 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 : |
44, Telco Senior Officers Society, Pimpri, Pune – 411 018,
Maharashtra, India |
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Tel. No.: |
91-20-56119877 |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Area : |
400 sq. ft. |
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Location : |
Owned |
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Factory : |
Sr. No. 170, Plot No. D1, Chakan-Talegaon Highway, Khalumbre, Chakan
MIDC, Pune – 410 501, Maharashtra, India |
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Tel. No.: |
91-2135-666800 |
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Fax No.: |
91-2135-666866 |
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Area : |
1500 Sq. ft. |
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Location : |
Owned |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.