MIRA INFORM REPORT
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Report No. : |
301912 |
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Report Date : |
05.01.2015 |
IDENTIFICATION DETAILS
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Name : |
ESSAR STEEL INDIA LIMITED (w.e.f.18.01.2012) |
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Formerly Known
As : |
ESSAR STEEL LIMITED |
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Registered
Office : |
27Km, Surat Hazira Road, Hazira, Surat – 394270, Gujarat |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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Date of
Incorporation : |
01.06.1976 |
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Com. Reg. No.: |
04-013787 |
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Capital Investment
/ Paid-up Capital : |
Rs.28418.000 Millions |
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CIN No.: [Company Identification
No.] |
U27100GJ1976FLC013787 |
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IEC No.: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
SRTE00025E |
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PAN No.: [Permanent Account No.] |
AAACE1741P |
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Legal Form : |
A Closely Held Public Limited Liability Company |
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Line of Business
: |
Manufacturing and Selling of Steel Products. |
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No. of Employees
: |
Information denied by management |
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 : |
Slow |
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Litigation : |
Exist |
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Comments : |
Subject is a part of “Essar Group”. It is an established company having moderate track record. Management has failed to file latest financials of FY14, with the
statutory authorities. As per available, the company possesses a weak financial profile
marked by consecutive losses which has further deteriorated the position of
reserves during 2013. The rating take into consideration the liquidity pressures faced due
to extraneous challenges impacting in running of steel plant. However, the
infusion of funds from the part of promoters has slightly eased the liquidity
position and in turn has nurtured the gradual improvement in its ongoing
financing exercise. Trade relations are fair. Business is active. Payment terms are
reported as slow. In view of support from its group company, the subject can be
considered for business dealings with great caution. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
India |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
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Rating |
Long Term Bank Facilities = C |
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Rating Explanation |
Have very high risk of default. |
|
Date |
24.10.2013 |
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
Management Non Co-Operative (Tel No.: 91-261-2872400)
LOCATIONS
|
Registered Office/ Plant 1 : |
27Km., Surat Hazira Road, Hazira, Surat – 394270, Gujarat, India |
|
Tel. No.: |
91-261-2872400/ 6682400 |
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Fax No.: |
91-261-2872400/ 6682796/ 6685731 |
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E-Mail : |
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Website : |
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Corporate Office : |
Essar House, 11, Keshavrao Khadye Marg, Mahalaxmi, Mumbai – 400034, Maharashtra,
India |
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Tel. No.: |
91-22-66601100 / 24950606 |
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Fax No.: |
91-22-24928896 |
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Marketing and Sales Office : |
6th Floor, Tower-2, Equinox Business Park (Peninsula Techno
Park) Off Bandra Kurla Complex, LBS Marg, Kurla (West), Mumbai – 400070,
Maharashtra, India |
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Tel. No.: |
91-22-67335000 |
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Fax No.: |
91-22-67082189 |
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E-Mail : |
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Plant 2 : |
Vishakhapatnam Scindia Road, Near Flyover, Visakhapatnam – 530004, Andhra Pradesh,
India |
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Tel. No.: |
91-891-2523213 |
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Fax No.: |
91-891-2559383/ 2556907 |
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Processing and
Distribution Facility Network : |
Gat No - 437 and 442, Golechiwadi, Ambi-Nigade Road, MIDC-Talegaon, Pune - 410507, Maharashtra, India |
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Tel. No.: |
91-211-4661401 |
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Regional Head : |
Plot No A - 6,Sipcot, Oragadam, Sriperumbudur (TK) Kanchipuram, Chennai
– 602112, Tamilnadu, India |
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Overseas Offices [Plants] : |
Located at
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DIRECTORS
As on 31.03.2013
|
Name : |
Mr. Shashikant Nandkishore Ruia |
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Designation : |
Director |
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Address : |
67-A, Walkeshwar Road, Opposite Birla School, Mumbai -
400006, Maharashtra, India |
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Date of Birth/Age : |
23.12.1943 |
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Date of Appointment : |
01.06.1976 |
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DIN No. : |
00047050 |
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Name : |
Mr. Jatinder Dinanath Mehra |
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Designation : |
Director |
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Address : |
C-1/36, Safdarjung Dev Area, New Delhi - 110016, India |
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Date of Birth/Age : |
03.03.1939 |
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Date of Appointment : |
25.06.1997 |
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DIN No. : |
00042789 |
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Name : |
Mr. Venkatraman Govind Raghavan |
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Designation : |
Director |
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Address : |
Flat No 171/172, 17th Floor, Kalpataru Residency, Sion
Circle, Sion (East), Mumbai - 400022, Maharashtra, India |
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Date of Birth/Age : |
16.07.1945 |
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Date of Appointment : |
29.10.2003 |
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DIN No. : |
00008683 |
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Name : |
Mr. Dilip Oommen |
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Designation : |
Managing Director |
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Address : |
D-3/4 Nand Niketan Essar Township, Hazira, Surat - 394270,
Gujarat, India |
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Date of Birth/Age : |
28.03.1958 |
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Qualification : |
Metallurgical engineering from IIT, Kharagpur |
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Date of Appointment : |
07.07.2008 |
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DIN No. : |
02285794 |
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Name : |
Mr. Rana Khagendranath Som |
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Designation : |
Additional director |
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Address : |
B-256, Asian Games Village, Ganapati Andalkar Block, New
Delhi - 110049, India |
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Date of Birth/Age : |
01.01.1952 |
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Date of Appointment : |
03.09.2012 |
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DIN No. : |
00352904 |
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Name : |
Mr. Arvind Pande |
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Designation : |
Director |
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Date of Appointment : |
29.05.2013 |
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Name : |
S. S. Kohli |
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Designation : |
Director |
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Date of Appointment : |
29.05.2013 |
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Name : |
S. R. Jain |
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Designation : |
Director |
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Date of Appointment : |
29.05.2013 |
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Name : |
Mr. Alok Dhir |
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Designation : |
Director |
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Date of Appointment : |
29.05.2013 |
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Name : |
Mr. Alok Gupta |
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Designation : |
Director (Marketing) |
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Name : |
Mr. Ashutosh Agarwala |
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Designation : |
Director (Finance) |
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Date of Appointment : |
29.05.2013 |
KEY EXECUTIVES
|
Name : |
Mr. Rakesh Muljibhai Darji |
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Designation : |
Company Secretary |
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Address : |
C/602, Royal Complex, Jay Bhavani Road, Kasambaug, Malad (East),
Mumbai – 400097, Maharashtra, India |
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Date of Birth/Age : |
25.10.1973 |
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Date of Appointment : |
09.09.2011 |
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PAN No. : |
AFRPD7254H |
MAJOR SHAREHOLDERS
As on 31.03.2013
|
Names of Shareholders |
No. of Shares |
|
Essar Steel Asia Holdings Limited |
1976845435 |
|
Essar Steel Limited, Mauritius |
118902096 |
|
Imperial Consultants and Securities Private Limited |
421760954 |
|
Shares under Trust (Venkatraman Govind Raghavan) |
191517500 |
As on 08.06.2013
|
Names of Allottees |
No. of Shares |
|
Essar Steel Limited, Mauritius |
5956519 |
|
Total |
5956519 |
As on 04.12.2013
|
Names of Allottees |
No. of Shares |
|
Imperial Consultants and Securites Private Limited, India |
21460177 |
|
Total |
21460177 |
Equity Share Break up (Percentage of Total Equity)
As on 20.10.2012
|
Category |
Percentage |
|
Public financial companies |
0.03 |
|
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others |
72.97 |
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Bodies corporate |
17.13 |
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Other top fifty shareholders |
7.49 |
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Others |
2.38 |
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Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Manufacturing and Selling of Steel Products. |
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Products : |
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS (As on 31.03.2013)
|
Particulars |
Unit |
Production |
|
Iron Ore Pellet** |
MT |
5,662,187 |
|
Hot Briquette Iron / Direct Reduced Iron |
MT |
2,333,337 |
|
Hot Metal |
MT |
2,665,264 |
|
Hot Rolled Coils/Cold Rolled Coils/Plates |
MT |
3,693,136 |
|
Plates |
MT |
520,811 |
|
Pipes |
MT |
159,075 |
GENERAL INFORMATION
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Suppliers : |
Not Divulged |
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Customers : |
Not Divulged |
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No. of Employees : |
Information denied by management |
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Bankers : |
·
Allahabad Bank ·
Axis Bank Limited ·
Bank Of Baroda ·
Bank Of India ·
Canara Bank ·
Central Bank Of India ·
Export Import Bank Of India ·
HDFC Bank Limited ·
ICICI Bank Limited ·
IDBI Bank Limited ·
Indian Overseas Bank ·
Punjab National Bank ·
State Bank Of Bikaner And Jaipur ·
State Bank Of Hyderabad ·
State Bank Of India ·
State Bank Of Mysore ·
State Bank Of Patiala ·
Syndicate Bank ·
The Federal Bank Limited ·
The Jammu And Kashmir Bank Limited ·
UCO Bank ·
Union Bank Of India ·
Yes Bank Limited
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Facilities : |
SECURED LOANS
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Banking
Relations : |
-- |
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Financial Institution : |
SBICAP Trustee Company Limited, Mumbai - 400005, Maharashtra, India |
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Auditors : |
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Name : |
Deloitte Haskins and Sells, Chartered Accountants |
|
Address : |
12, Dr. Annie Besant Road, Opposite Shiv Sagar Estate, Worli, Mumbai, Maharashtra, India |
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PAN
No.: |
AABFD7919A |
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Memberships : |
--- |
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Collaborators : |
--- |
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Holding Companies : |
·
Essar Steel Asia
Holdings Limited (FKA Essar Resources Mauritius Limited) Immediate Holding Company-
(ESAHL) (w.e.f. 29.06.2012) ·
Essar Steel
Mauritius Limited - Holding Company of Essar Steel Asia Holdings Limited -
(ESML) ·
Essar Steel
Limited - Mauritius - Immediate Holding Company (ESTLM) (upto 28.06.2012) · Essar Global Fund Limited (FKA Essar Global Limited) |
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Subsidiaries : |
·
Essar Steel
Middle East FZE (ESMEF) ·
Essar Steel
Trading FZE (ESTF) ·
Essar Steel
Offshore Limited. (ESOSL) ·
Essar Steel
Overseas Limited. (ESOL) ** ·
Trinity Coal
Marketing LLC (EMA) * ·
Essar Minerals Limited
(FKA Essar Mining Limited) * ·
Essar Mineral
Cooperatief U.A. * ·
Essar Minerals
Canada Limited * ·
Essar Minerals
INC * ·
Trinity Parent
Corporation * ·
Trinity Coal
Corporation * ·
Trinity Coal
Partners LLC * ·
Bear Fork
Resources LLC * ·
Deep Water Resources
LLC * ·
Levisa Fork
Resources LLC * ·
North Springs
Resources LLC * ·
Little Elk Mining
Company LLC * ·
Banner Coal
Terminal LLC * ·
Hughes Creek
terminal LLC * ·
Frasure Creek
Mining LLC * ·
Falcon Resources
LLC * ·
Prater Branch
Resources LLC * ·
Trinity RMG Holding
LLC * ·
RMG INC *
|
|
|
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Fellow Subsidiaries : |
·
Aegis Limited
(AEGIS) ·
Essar
Power(Jharkhand)Limited (EPJL) ·
Essar Africa Holdings
Limited (EAHL) ·
Essar Bulk
Terminal Paradeep Limited (EBTPL) ·
Essar Electric
Power Development Corporation Limited (EEPDCL) ·
Essar Logistics
Limited (ELL) ·
EssarMineral
Resources Limited (EMRL) ·
EssarOffshore
Subsea Limited (EOSL) ·
Essar Oil Limited
(EOL) ·
Essar Port
Limited (EPL) ·
EssarSteel
Algomalnc.(ESA-INC) ·
Essar Steel
Processing and Distribution UK Limited (ESPD UK) ·
PT
Essarlndonesia(PTEI) ·
Vadinar Oil
Terminals Limited (VOTL) ·
Vadinar Power
Company Limited (VPOCL) ·
AgcNetworksLimited
(Formally Avaya Global) (AGCNL) ·
Equinox Business
Parks Private Limited (EBPPL) ·
Essar Bulk
Terminal (Salaya) Limited (EBTSL) ·
Essar Oilfields
Services Limited (EOSPL) ·
Essar Power (M P)
Limited. (EPMPL) ·
Essar Power
Gujarat Limited. (EPGL) ·
Essar Project
Management Consultant Limited. (EPMCL) ·
Essar Projects
(India) Limited. (EPIL) ·
Essar Shipping
Limited (ESL) ·
Essar Paradeep
Terminals Limited (EPTL) ·
Navabharat Power
Private Limited (NPPL) ·
Peak Trading
Overseas Limited (PTOL) ·
Vadinar Ports and
Terminals Limited (VPTL) ·
Essar Steel
Limited - Mauritius (ESTLM) (w.e.f. 29.06.2012) |
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|
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Associates : |
·
Bhander Power
Limited (BPOL) ·
Essar Bulk
Terminal Limited (EBTL) ·
Essar Power
(Orissa) Limited (EPOL - Orissa) ·
Essar Power
Hazira Limited (EPHL) ·
Essar Power Limited
(EPOL) ·
Essar Steel
Processing FZCO (ESP-FZCO) |
|
|
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|
Companies in which Promoters had significant influence/ Control : |
·
Essar Steel
Chhattisgarh Limited (ESCL) ·
Essar Steel
Jharkhand Limited (ESJL) ·
Essar Teleholding
Limited (ETHL) ·
Futura Travels
Limited (FTL) ·
Global Supplies
(UAE) FZE (GS) ·
Imperial
Consultants and Securities Private Limited (ICSL) ·
India Securities
Limited (ISL) ·
Kartik Estates
Private Limited (KEPL) ·
Kroner Investment
Limited (KIL) ·
NewAmbi Trading
and Investments Private Limited (NATIPL) ·
Prajesh
Investments Private Limited (PIPL) ·
Prajesh Marketing
Limited (PML) ·
The Mobilestore
Limited (TML) ·
Tirunelveli Wind
Farms Limited (TWFL) ·
Essar Procurement
Services Limited (EPSL) ·
Essar Properties
Limited. (EPRL) ·
Essar Agrotech
Limited (EAL) ·
Essar Education
Limited (EEL) ·
Clickforsteel
Services Limited (CFSL) ·
Downtown
Securities Private Limited (DTSPL) ·
Bhargava Estates
Private Limited (BEPL) ·
Essar House
Limited (EHL) ·
Essar Information
Technology Limited (EITL) ·
Essar
Infrastructure Services Limited (EISL) ·
Essar Investments
Limited. (EIL) ·
Ajitesh Estates
Private Limited (AEPL) ·
Arkay Holdings
Limited (AHL) ·
Arkay Sea
Logistics Limited (ASLL) ·
Essar Services
India Limited (ESIL) ·
Essar SEZ Hazira
Limited (ESEZHL) # These Companies ceased to be related party w.e.f. 01.04.2012 as the
Promoters do not have any significant influence on the Company |
CAPITAL STRUCTURE
After 31.03.2014
Authorised Capital : Rs. 72750.000 Millions
Issued, Subscribed & Paid-up Capital : Rs. 28865.459
Millions
As on 28.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7175000000 |
Equity Shares |
Rs.10/- each |
Rs.71750.000 Millions |
|
100000000 |
10% Cumulative Redeemable Preference Shares |
Rs.10/- each |
Rs.1000.000 Millions |
|
|
Total |
|
Rs.72750.000
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2824951352 |
Equity Shares |
Rs.10/- each |
Rs.28249.514 Millions |
|
43598951 |
10% Cumulative Redeemable Preference Shares |
Rs.10/- each |
Rs.435.989 Millions |
|
|
Total |
|
Rs.28685.503
Millions |
As on 31.03.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7175000000 |
Equity Shares |
Rs.10/- each |
Rs.71750.000 Millions |
|
100000000 |
10% Cumulative Redeemable Preference Shares |
Rs.10/- each |
Rs.1000.000 Millions |
|
|
Total |
|
Rs.72750.000
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2797534656 |
Equity Shares |
Rs.10/- each |
Rs.27975.300 Millions |
|
43598951 |
10% Cumulative Redeemable Preference Shares |
Rs.10/- each |
Rs.436.000 Millions |
|
4520703 |
Add: Equity Shares Forfeited |
|
Rs.6.700 Millions |
|
|
Total |
|
Rs.28418.000
Millions |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
28418.000 |
26711.100 |
25710.000 |
|
(b) Reserves & Surplus |
42617.100 |
63823.500 |
77329.800 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
2482.400 |
|
Total
Shareholders’ Funds (1) + (2) |
71035.100 |
90534.600 |
105522.200 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
228179.200 |
166645.400 |
145865.000 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
1622.900 |
1909.900 |
15806.000 |
|
(d) long-term
provisions |
6559.400 |
4581.400 |
1606.500 |
|
Total Non-current
Liabilities (3) |
236361.500 |
173136.700 |
163277.500 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
42871.000 |
76614.000 |
64158.100 |
|
(b) Trade
payables |
76458.300 |
43870.500 |
25564.900 |
|
(c) Other
current liabilities |
50425.000 |
39178.200 |
30857.200 |
|
(d) Short-term
provisions |
731.800 |
4258.700 |
1353.700 |
|
Total Current
Liabilities (4) |
170486.100 |
163921.400 |
121933.900 |
|
|
|
|
|
|
TOTAL |
477882.700 |
427592.700 |
390733.600 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current
assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
287660.800 |
205879.400 |
102391.600 |
|
(ii)
Intangible Assets |
190.500 |
222.100 |
152.800 |
|
(iii)
Capital work-in-progress |
60047.700 |
112951.700 |
164749.300 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
10333.100 |
5398.700 |
3970.200 |
|
(c) Deferred tax assets (net) |
17526.600 |
3237.700 |
638.700 |
|
(d) Long-term Loan and Advances |
6851.900 |
8777.200 |
12476.700 |
|
(e) Other
Non-current assets |
10333.100 |
9589.700 |
10247.800 |
|
Total Non-Current
Assets |
392943.700 |
346056.500 |
294627.100 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
38475.200 |
40446.400 |
52225.000 |
|
(c) Trade
receivables |
6812.700 |
5896.600 |
5147.600 |
|
(d) Cash
and cash equivalents |
6231.100 |
6509.600 |
9029.500 |
|
(e)
Short-term loans and advances |
28409.200 |
22502.900 |
26128.300 |
|
(f) Other
current assets |
5010.800 |
6180.700 |
3576.100 |
|
Total
Current Assets |
84939.000 |
81536.200 |
96106.500 |
|
|
|
|
|
|
TOTAL |
477882.700 |
427592.700 |
390733.600 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
150384.500 |
162738.700 |
123015.000 |
|
|
|
Other Income |
3011.600 |
5367.900 |
5659.300 |
|
|
|
TOTAL (A) |
153396.100 |
168106.600 |
128674.300 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
89941.100 |
89340.700 |
84497.100 |
|
|
|
Purchases of Stock-in-Trade |
2055.900 |
1670.300 |
1752.800 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
(270.700) |
9692.700 |
(14955.000) |
|
|
|
Employees benefits expense |
3117.400 |
3899.800 |
3012.000 |
|
|
|
Other expenses |
46918.300 |
47851.300 |
37218.700 |
|
|
|
Exceptional Items |
13465.500 |
0.000 |
0.000 |
|
|
|
TOTAL (B) |
155227.500 |
152454.800 |
111525.600 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (A-B) (C) |
(1831.400) |
15651.800 |
17148.700 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
24809.800 |
18629.900 |
12009.100 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
(26641.200) |
(2978.100) |
5139.600 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
15622.100 |
9863.700 |
8914.600 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F)
(G) |
(42263.300) |
(12841.800) |
(3775.000) |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
(14413.900) |
(326.200) |
(2112.300) |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H) (I) |
(27849.400) |
(12515.600) |
(1662.700) |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
FOB Value of Exports |
36927.900 |
41557.500 |
20227.600 |
|
|
|
Others |
2472.900 |
1872.600 |
1622.200 |
|
|
TOTAL EARNINGS |
39400.800 |
43430.100 |
21849.800 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
33809.200 |
32993.200 |
8835.600 |
|
|
|
Production Consumables, Stores and Spares and Fuel |
6540.200 |
9387.800 |
28469.100 |
|
|
|
Capital Goods |
3315.500 |
3762.700 |
11199.600 |
|
|
|
Traded Goods |
0.000 |
17.300 |
358.300 |
|
|
TOTAL IMPORTS |
43664.900 |
46161.100 |
48862.600 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
(10.59) |
(4.84) |
(0.72) |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
Net Profit Margin (PAT/Sales) |
(%) |
(18.52) |
(7.69) |
(1.35) |
|
|
|
|
|
|
|
Operating Profit Margin (PBIDT/Sales) |
(%) |
(1.22) |
9.62 |
(13.94) |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
(10.84) |
(4.20) |
(1.71) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
(0.59) |
(0.14) |
(0.04) |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
3.82 |
2.69 |
1.99 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.50 |
0.50 |
0.79 |
FINANCIAL ANALYSIS
[all