MIRA INFORM REPORT

Report No. :	352515
Report Date :	01.12.2015

IDENTIFICATION DETAILS

Name :	KLJ ORGANIC LIMITED
Registered Office :	KJL House, 63 Rama Marg, Najafgarh Road, New Delhi – 1100015
Tel. No.:	91-11-25459706
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	03.05.1995
Com. Reg. No.:	55-068170
Capital Investment / Paid-up Capital :	Rs.40.000 Million
CIN No.: [Company Identification No.]	U74899DL1995PLC068170
IEC No.:	0596059302
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AAACK3722A
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is engaged in the manufacturing and selling of secondary plasticizer, Chlorinated Paraffin and Tri Cresyl Phosphate and Tri Phenyl Phosphate and its bye products (Registered Activity)
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

A (63)

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 3300000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject company is a part of “KLJ group”, founded by Mr. K L Jain in 1967. KLJ Organics Limited was incorporated in the year 1996 and it is engaged into Manufacturing and exporting of secondary plasticizer, Chlorinated Paraffin and Tri Cresyl, Phosphate and Tri Phenyl Phosphate and its products. The rating reflects the company’s leadership position in the plasticisers business with a strong presence in the compounding and trading segments, its healthy operating efficiencies and its strong relationship with suppliers. The rating also factor in the group’s satisfactory financial risk profile, marked by a large net worth and a comfortable debt protection metrics. This rating strength is partially offset by the company’s susceptibility to volatility in raw material prices and foreign exchange rates, and its working-capital-intensive operations. Trade relations are reported to be fair. Business is active. Payment terms are reported to be regular as per commitment. In view of strong group company support, the company can be considered for good business dealings with its usual trade terms and conditions. Note:- As per registrar of companies the date of balance sheet (i.e. financial filed) is show as 31.03.2015 but the documents related to the financials are not been available from any sources.

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 – March 31, 2015

Country Name	Previous Rating (31.12.2014)	Current Rating (31.03.2015)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long term Bank Facilities = A
Rating Explanation	Adequate degree of safety and low credit risk.
Date	June 2015

Rating Agency Name	CRISIL
Rating	Short term Bank Facilities = A1
Rating Explanation	Very strong degree of safety and carry lowest credit risk.
Date	June 2015

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 31-03-2015.

INFORMATION PARTED BY

Name :	Mr. Ashish Marwah
Designation :	Senior Manager Finance
Contact No.:	91-9350582049

LOCATIONS

Registered Office / Head Office :	KLJ House, 63, Rama Marg, Najafgarh Road, New Delhi – 110015, India
Tel. No.:	91-11-25459706
Mobile No :	91-9350582049 (Mr. Ashish Morya)
Fax No.:	91-11-25459709
E-Mail :	mukesh@kljindia.com chauhan@kljindia.com delhi@kljindia.com mattoo@kljindia.com secretariat@kljindia.com
Website :	www.kljindia.com www.satyamplastics.com
Sales Offices (Real Estate Division) :	KLJ Complex, 70/B -39, Shivaji Marg, New Delhi – 110015, India
Tel. No.:	91-11-49207373
Fax No.:	91-11-49207370
Branch Office :	Located At Mumbai Kolkata Chennai
Overseas Office :	Located At Thailand

DIRECTORS

As on 26.09.2014

Name :

Mr. Kamal Jain

Designation :

Director

Address :

6- B/9, NEA, Old Rajinder Nagar, New Delhi – 110060, India

Date of Birth/Age :

08.04.1973

Date of Appointment :

05.05.1998

PAN No.:

AALPJ1364M

DIN No.:

00033355

Name :

Mr. Virendra Kumar Singhi

Designation :

Director

Address :

K -71, Kirti Nagar, New Delhi – 110 015, India

Date of Birth/Age :

02.10.1964

Date of Appointment :

30.09.1997

DIN No.:

00028824

Name :

Mr. Hemant Jain

Designation :

Director

Address :

6- B/9, NEA, Old Rajinder Nagar, New Delhi – 110060, India

Date of Birth/Age :

18.08.1971

Qualification :

Gradate, diploma in International Business

Date of Appointment :

29.09.2007

PAN No.:

AALPJ1370K

DIN No.:

00506995

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	U24119DL1989PLC036883	K L J POLYMERS AND CHEMICALS LIMITED	Director	25/09/1989	25/09/1989	29/03/2014	Active	NO
2	U74210TG1994PTC019032	SUMAX ENGINEERING PRIVATE LIMITED	Director	29/09/2014	28/12/1996	-	Active	NO
3	U51495DL1997PTC088314	PRAGYA ENTERPRISES PRIVATE LIMITED	Director	03/07/1997	03/07/1997	08/02/2008	Amalgamated	NO
4	U70101DL1998PTC093856	CHETNA ESTATE PRIVATE LIMITED.	Director	15/05/1998	15/05/1998	08/02/2008	Amalgamated	NO
5	U24299DL1998PTC093855	PRAGYA PRODUCTS PRIVATE LIMITED	Director	15/05/1998	15/05/1998	14/05/2008	Active	NO
6	U72900DL2001PTC109334	KLJ INFOTECH PRIVATE LIMITED	Director	23/01/2001	23/01/2001	-	Active	NO
7	U70101DL1997PTC088313	KLJ ESTATES PRIVATE LIMITED	Director	24/07/2003	24/07/2003	08/02/2008	Amalgamated	NO
8	U45201DL2003PTC118748	GENIOUS PROMOTERS AND DEVELOPERS PRIVATE LIMITED	Director	15/10/2003	15/10/2003	17/06/2008	Active	NO
9	U74899DL1995PTC072219	DELHI BUILDWELL PRIVATE LIMITED	Director	27/04/2004	27/04/2004	30/03/2011	Active	NO
10	U74899DL1953PTC002338	PRITHVI SOUND PRODUCTS COMPANY PRIVATE LIMITED	Director	15/04/2005	15/04/2005	30/08/2013	Active	NO
11	U70101DL2005PTC139094	CADILLAC BUILDWELL PRIVATE LIMITED	Director	27/07/2005	27/07/2005	-	Amalgamated	NO
12	L67120WB1986PLC041487	KLJ RESOURCES LTD	Managing director	01/04/2014	01/10/2005	-	Active	NO
13	U45201DL2005PTC143435	HVS BUILDWELL PRIVATE LIMITED	Director	25/09/2006	29/12/2005	01/03/2007	Strike off	NO
14	U45201DL2005PTC143434	SHV BUILDWELL PRIVATE LIMITED	Director	25/09/2006	29/12/2005	08/02/2008	Amalgamated	NO
15	U45201DL2006PTC144850	JS BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	01/03/2007	Active	NO
16	U45201DL2006PTC144846	JM BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	05/03/2007	Active	NO
17	U45201DL2006PTC144845	HA BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	05/03/2007	Active	NO
18	U45201DL2006PTC144844	HP BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	05/03/2007	Amalgamated	NO
19	U45201DL2005PTC143313	SMV BUILDWELL PRIVATE LIMITED	Director	22/01/2006	22/01/2006	05/03/2007	Active	NO
20	U45201DL2006PTC145296	KLJ DEVELOPERS PRIVATE LIMITED	Director	16/03/2010	24/01/2006	31/08/2013	Active	NO
21	U45201DL2006PTC144827	HM BUILDCON PRIVATE LIMITED	Director	01/08/2006	01/08/2006	05/03/2007	Active	NO
22	U15422DL1997PTC091143	PIONEER ESERVE PRIVATE LIMITED	Director	30/09/2009	03/10/2006	-	Active	NO
23	U45201DL2006PTC144848	AP BUILDCON PRIVATE LIMITED	Director	29/09/2007	10/07/2007	13/06/2008	Active	NO
24	U74899DL1995PLC068170	KLJ ORGANIC LIMITED	Director	29/09/2007	20/08/2007	-	Active	NO
25	U45400DL2007PTC167471	CADILLAC REAL-TECH PRIVATE LIMITED	Director	27/08/2007	27/08/2007	08/02/2008	Strike off	NO
26	U45400DL2007PTC167419	CADILLAC IT DEVELOPERS PRIVATE LIMITED	Director	27/08/2007	27/08/2007	08/02/2008	Strike off	NO
27	U45400DL2007PTC167420	CADILLAC IT PARK PRIVATE LIMITED	Director	27/08/2007	27/08/2007	08/02/2008	Strike off	NO
28	U45200DL2008PTC173602	PH INFRASTRUCTURE PRIVATE LIMITED	Director	05/02/2008	05/02/2008	13/06/2008	Active	NO
29	U55101DL2008PTC173687	KLJ RESORTS PRIVATE LIMITED	Director	06/02/2008	06/02/2008	-	Strike off	NO
30	U45200DL2008PTC173580	PK INFRACON PRIVATE LIMITED	Director	30/09/2009	02/04/2009	05/05/2011	Active	NO
31	U72200DL2006PTC147341	Sunny IT Infrasoft Private Limited	Additional director	10/06/2009	10/06/2009	30/09/2009	Active	NO
32	U74999DL2009PTC191454	KOYO LIFT SYSTEMS INDIA PRIVATE LIMITED	Director	22/06/2009	22/06/2009	15/03/2010	Strike off	NO
33	U70200DL2008PTC175282	KLJ REALTECH PRIVATE LIMITED	Director	29/09/2015	26/03/2015	-	Active	NO

Name :

Mr. Shanti Lal Dugar

Designation :

Director

Address :

3/104, 2^nd Floor, Ramesh Nagar, New Delhi-110015, India

Date of Birth/Age :

16.07.1978

Qualification :

CA

Date of Appointment :

29.09.2011

DIN No.:

03441727

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	U74899DL1995PLC068170	KLJ ORGANIC LIMITED	Director	29/09/2011	01/02/2011	-	Active	NO
2	L67120WB1986PLC041487	KLJ RESOURCES LTD	Director	30/09/2011	22/07/2011	14/07/2015	Active	NO

Name :

Mr. Pushp Jain

Designation :

Managing Director

Address :

6B/9, Near Old Rajinder Nagar, New Delhi-110060, India

Date of Birth/Age :

27.03.1975

Qualification :

B. E.

Date of Appointment :

29.09.2011

PAN No.:

AALPJ2611D

DIN No.:

00033289

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	U45201DL2006PTC144851	PA BUILDWELL PRIVATE LIMITED	Director	13/01/2006	13/01/2006	29/01/2009	Amalgamated	NO
2	U45201DL2006PTC144849	PP DEVCON PRIVATE LIMITED	Director	29/09/2007	13/01/2006	27/01/2009	Active	NO
3	U45201DL2006PTC144848	AP BUILDCON PRIVATE LIMITED	Director	13/01/2006	13/01/2006	05/03/2007	Active	NO
4	U45201DL2006PTC144847	PM BUILDCON PRIVATE LIMITED	Director	13/01/2006	13/01/2006	28/01/2009	Amalgamated	NO
5	U45201DL2005PTC143313	SMV BUILDWELL PRIVATE LIMITED	Director	30/09/2006	13/01/2006	01/11/2008	Active	NO
6	U45400DL2007PTC167418	CADILLAC INFRASTRUCTURE PRIVATE LIMITED	Director	27/08/2007	27/08/2007	-	Strike off	NO
7	U25200DL2008PLC181088	KLJ Plasticizers Limited.	Director	28/09/2011	18/07/2008	-	Active	NO
8	U74899DL1995PLC068170	KLJ ORGANIC LIMITED	Managing director	29/09/2011	23/08/2011	-	Active	NO
9	U74899DL1953PTC002338	PRITHVI SOUND PRODUCTS COMPANY PRIVATE LIMITED	Director	29/09/2015	20/02/2015	-	Active	NO
10	U45200DL2008PTC173709	HH BUILDTECH PRIVATE LIMITED	Director	30/09/2015	20/02/2015	-	Active	NO
11	U45201DL2006PTC144845	HA BUILDWELL PRIVATE LIMITED	Director	30/09/2015	10/03/2015	-	Active	NO

Name :

Mr. Mulkh Raj Bhalla

Designation :

Director

Address :

D-74, Kirti Nagar, New Delhi – 110015, India

Date of Birth/Age :

15.04.1930

Date of Appointment :

27.09.2012

DIN No.:

06369037

Name :

Ms. Neetu Jain

Designation :

Director

Address :

6b/9, Old Rajendra Nagar, New Delhi - 110060, India

Date of Appointment :

29.09.2015

DIN No.:

00440484

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	U70101DL1998PTC093856	CHETNA ESTATE PRIVATE LIMITED.	Director	15/05/1998	15/05/1998	08/02/2008	Amalgamated	NO
2	U74899DL1995PLC068170	KLJ ORGANIC LIMITED	Director	29/09/2015	31/03/2015	-	Active	NO

Name :

Mr. Chander Shekhar Garge

Designation :

Director

Address :

H.No.302, Samvad Apartment,, Alfa-1, Greater Noida (U.P.), Greater Noida - 203207, Uttar Pradesh, India

Date of Appointment :

31.03.2015

DIN No.:

07145894

Name :

Mr. Dalam Chand Baid

Designation :

Director

Address :

A1/161, A-1 Block, Paschim Vihar, New Delhi - 110063, India

Date of Appointment :

31.03.2015

DIN No.:

07143949

KEY EXECUTIVES

Name :	Mr. Ashish Marwah
Designation :	Senior Manager Finance

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 26.09.2014

Names of Shareholders	No. of Shares
Kanhaiya Lal Jain	775000
Hemant Jain	496000
V L Sood	250
Sushila Patawari	625000
Mangi Lal Sethia	250
Kamal Jain	396000
Pushp Jain	633500
Kanhaiyalal Jain and Sons HUF	396000
KLJ Polymers and Chemicals Limited, India	282000
Kinetic Impex Limited, India	396000
Total	4000000

Equity Share Break up (Percentage of Total Equity)

As on 26.09.2014

Category	Percentage
Bodies corporate	16.95
Directors or relatives of Directors	83.04
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in the manufacturing and selling of secondary plasticizer, Chlorinated Paraffin and Tri Cresyl Phosphate and Tri Phenyl Phosphate and its bye products (Registered Activity)

Products :

• Secondary Plasticizer
• Chlorinated Paraffin
• Tri Cresyl Phosphate
• Tri Phenyl Phosphate

Product Description	Item Code No. (ITC Code)
Chloronated Paraffin Wax	27122010

Brand Names :

Not Divulged

Agencies Held :

Not Divulged

Exports :

Products :

• Secondary Plasticizer
• Chlorinated Paraffin
• Tri Cresyl
• Phosphate and Tri Phenyl Phosphate

Countries :

• European Countries
• Italy
• Dubai
• UAE
• African Countries
• US

Imports :

Products :

Raw Material

Countries :

• UAE
• Malaysia
• Singapore

Terms :

Selling :

Cash and Credit

Purchasing :

Cash and Credit

PRODUCTION STATUS (As on 31.03.2014)

Particulars	Unit	Installed Capacity	Actual Production
CPW	MT/PA	80000	65562
TTP/TCP	MT/MA	2400	315
HCL Bye Product	MT	--	89221

GENERAL INFORMATION

Suppliers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

Customers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

No. of Employees :

Information declined by the management

Bankers :

Bank Name	State Bank of India
Branch	Commercial Branch, N-3, South Extension Part -I, New Delhi - 110049, Delhi, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Facilities :

Secured Loan	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
Long-term Borrowings
Other loans and advances, others	1.344	3.473
Short-term borrowings
Other Loans and advances	229.510	160.880
Total	230.854	164.353

Auditors :
Name :	Nahata Jain Golchha and Company Chartered Accountants
Address :	4378, Murlilal Street, 4B, Ansari Road, Darya Ganj, New Delhi – 110002, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAEFN8137H
Memberships :	Not Available
Collaborators :	Not Available
Associates:	KLJ Developers Private Limited, India U45201DL2006PTC145296 K LJ Polymers and Chemicals Limited, India U24119DL1989PLC036883 Kundalia Industries, India KLJ Plasticizers Limited, India U25200DL2008PLC181088 KLJ resources Limited, India L67120WB1986PLC041487 kinetic Impex Limited, india L51909WB1985PLC039455 HH Buildtech Private Limited, India U45200DL2008PTC173709 Hamlog Traders Private Limited, India U51909DL1997PTC091106 Ashulok Traders Private Limited, India U45303DL1997PTC091172 KLJ Organic (Qatar WLL) Limited, Qatar
Subsidiary company :	KLJ Organic (Thailand) Limited, Thailand

CAPITAL STRUCTURE

As on 26.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
4500000	Equity Shares	Rs.10/- each	Rs.45.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
4000000	Equity Shares	Rs.10/- each	Rs.40.000 Million

FINANCIAL DATA

[all figures are in Rupees Million]

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	40.000	40.000	40.000
(b) Reserves & Surplus	1117.733	1086.160	898.006
(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)	1157.733	1126.160	938.006
(3) Non-Current Liabilities
(a) long-term borrowings	1.344	3.473	9.820
(b) Deferred tax liabilities (Net)	9.637	7.459	3.998
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	5.112	4.991	2.791
Total Non-current Liabilities (3)	16.093	15.923	16.609
(4) Current Liabilities
(a) Short term borrowings	284.893	316.032	97.091
(b) Trade payables	586.130	550.360	437.256
(c) Other current liabilities	71.311	84.553	151.595
(d) Short-term provisions	59.557	249.075	165.636
Total Current Liabilities (4)	1001.891	1200.020	851.578
TOTAL	2175.717	2342.103	1806.193
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	245.197	252.262	250.310
(ii) Intangible Assets	10.159	14.591	0.000
(iii) Capital work-in-progress	3.300	3.330	5.440
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	211.631	115.733	115.733
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	0.000	0.000	0.000
(e) Other Non-current assets	161.721	193.717	44.275
Total Non-Current Assets	632.008	579.633	415.758
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	838.222	808.377	465.679
(c) Trade receivables	489.969	388.621	417.231
(d) Cash and cash equivalents	61.351	32.837	28.849
(e) Short-term loans and advances	154.167	532.635	468.075
(f) Other current assets	0.000	0.000	10.601
Total Current Assets	1543.709	1762.470	1390.435
TOTAL	2175.717	2342.103	1806.193

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Revenue from Operations	3778.015	3572.745	3132.892
	Other Income	41.576	42.273	20.125
	TOTAL (A)	3819.591	3615.018	3153.017
Less	EXPENSES
	Cost of Materials Consumed	3381.455	2966.958	2471.717
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	26.328	(26.540)	(4.486)
	Employees benefits expense	58.637	62.391	49.906
	Other expenses	284.671	269.814	202.794
	TOTAL (B)	3751.091	3272.623	2719.931
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	68.500	342.395	433.086
Less	FINANCIAL EXPENSES (D)	34.292	26.812	21.236
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	34.208	315.583	411.850
Less/ Add	DEPRECIATION/ AMORTISATION (F)	36.804	37.133	28.940
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	(2.596)	278.450	382.910
Less	TAX (H)	18.486	90.297	125.154
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)	(21.082)	188.153	257.756
	EARNINGS IN FOREIGN CURRENCY
	F.O.B. Value of Exports	1165.428	911.568	618.600
	TOTAL EARNINGS	1165.428	911.568	618.600
	IMPORTS
	Raw Materials	1505.861	1016.456	692.600
	TOTAL IMPORTS	1505.861	1016.456	692.600
	Earnings / (Loss) Per Share (Rs.)	7.89	47.04	64.44

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	NA	NA	NA
Cash generated from operations	NA	NA	NA
Net cash flow from (used in) operations	292.126	88.956	298.235
Net cash flow from operating activity	257.332	(88.177)	173.435

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	(0.56)	5.27	8.23
Operating Profit Margin (PBIDT/Sales)	(%)	1.81	9.58	13.82
Return on Total Assets (PBT/Total Assets}	(%)	(0.13)	12.53	22.72
Return on Investment (ROI) (PBT/Networth)		0.00	0.25	0.41
Debt Equity Ratio (Total Debt /Networth)		0.25	0.28	0.11
Current Ratio (Current Asset/Current Liability)		1.54	1.47	1.63

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	40.000	40.000	40.000
Reserves & Surplus	898.006	1086.160	1117.733
Net worth	938.006	1126.160	1157.733
long-term borrowings	9.820	3.473	1.344
Short term borrowings	97.091	316.032	284.893
Total borrowings	106.911	319.505	286.237
Debt/Equity ratio	0.114	0.284	0.247

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	3132.892	3572.745	3778.015
		14.040	5.745

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	3132.892	3572.745	3778.015
Profit	257.756	188.153	(21.082)
	8.23%	5.27%	(0.56%)

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	Yes
8	Designation of contact person	Yes
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	Yes
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	Yes
16	No. of employees	No
17	Details of sister concerns	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	Yes
21	Banking facility details	Yes
22	Conduct of the banking account	--
23	Financials, if provided	Yes
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	Yes
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available	Yes
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	Yes
35	Negative Reporting by Auditors in the Annual Report	No

CORPORATE INFORMATION:

KLJ Organic Limited is a public limited company, having two manufacturing units domiciled in India, incorporated under the provisions of the Companies Act, 1956. The company is engaged in the manufacturing and selling of secondary plasticizer, Chlorinated Paraffin and Tri Cresyl Phosphate and Tri Phenyl Phosphate and its bye products. The company caters to both domestic as well as international markets.

UNSECURED LOAN

Unsecured Loan	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
Short-term borrowings
Loans and advances from related parties	55.383	155.152
Total	55.383	155.152

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10404506	30/01/2013	2,396,300,000.00	State Bank Of India	Commercial Branch, N-3 South Extension Part-I, New Delhi, Delhi - 110048, INDIA	B68629203
2	10014186	12/03/2013 *	1,370,000,000.00	State Bank of India	Commercial Branch, N-3, South Extension Part -I, New Delhi, Delhi - 110049, INDIA	B73653073

CONTINGENT LIABILITIES:

(Rs. in million)

PARTICULARS

31.03.2014

31.03.2013

FIXED ASSETS

• Land
• Buildings
• Residential building
• Factory building
• Plant and equipment
• Factory equipments
• pollution reduction equipment
• Furniture and fixtures
• Vehicles
• Office equipment

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

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.66.81
UK Pound	1	Rs.100.36
Euro	1	Rs.70.68

INFORMATION DETAILS

Analysis Done by :	KAS
Report Prepared by :	SUJ

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	7
PAID-UP CAPITAL	1~10	7
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILITY	1~10	7
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	7
--CREDIT LINES	1~10	7
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		63

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	--

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.