MIRA INFORM REPORT
|
Report No. : |
332351 |
|
Report Date : |
18.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
CAPLIN POINT LABORATORIES LIMITED |
|
|
|
|
Registered Office
: |
“Narbavi”, No.3, Lakshmanan Street, T. Nagar, Chennai – 600 017, Tamil
Nadu |
|
Tel. No.: |
91-44-28156653/ 28156905 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
30.06.2014 |
|
|
|
|
Date of
Incorporation : |
16.04.1990 |
|
|
|
|
Com. Reg. No.: |
18-019053 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 151.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
L24231TN1990PLC019053 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction & Collection
Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
A Public Limited Liability Company. The Company’s Shares are Listed on
the Stock Exchanges. |
|
|
|
|
Line of Business
: |
Manufacturing of Pharmaceuticals Formations. |
|
|
|
|
No. of Employees
: |
Not Divulged [We tried to confirm the number of employees but no one is ready to part any information from the company management] |
RATING & COMMENTS
|
MIRA’s Rating : |
A (68) |
|
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 1700000 |
|
|
|
|
Status : |
Goods |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is well - established company having fine track record. The rating reflects company’s healthy financial risk profile marked by
adequate net worth base and decent profitability margins of the company. Trade relations are reported are reported as fair. Business is active.
Payment are reported to be regular and as per commitment. The company can be considered good for normal business dealings at
usual trade terms and conditions. |
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 |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
Date |
Not Available |
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
31-03-2013.
INFORMATION DENIED BY
|
Name : |
Mr. Ganapati Subramaniam |
|
Designation : |
Finance Head |
|
Contact No.: |
91-44-45929100 |
|
Date : |
14.07.2015 |
LOCATIONS
|
Registered Office/Corporate office : |
“Narbavi”, No.03, Lakshmanan Street, T. Nagar, Chennai – 600 017,
Tamil Nadu, India |
|
Tel. No.: |
91-44-28156653/ 28156905 |
|
Fax No.: |
91-44-28154952 |
|
E-Mail : |
investor@caplinpoint.net |
|
Website : |
|
|
|
|
|
FACTORY |
|
|
|
|
|
Unit 1: |
R.S. No.85/3, |
|
Tel. No.: |
91-413-2674402 / 2674137 |
|
Fax No.: |
91-413-2674002 |
|
E-Mail : |
|
|
|
|
|
Unit 2: |
Khasra No. 435, Village Suraj Majra, N.H.No. 21, Baddi, Teh Nalagarh, Dist Solan, Himachal Pradesh – 173205, India |
|
E-Mail : |
|
|
|
|
|
Unit 3: |
Guruvarajakandigai, Sirupuzhalpettai (Post), Gummidipoondi Taluka, Thiruvallur District, Tamil Nadu – 601 201, India |
|
|
|
|
Research and Development Unit : |
19, |
|
Tel. No.: |
91-44-27940274 / 65311262 |
|
Fax No.: |
91-44-27940274 |
|
E-Mail : |
DIRECTORS
As on 30.06.2014
|
Name : |
Mr. C.C. Paarthipan |
|
Designation : |
Chairman |
|
|
|
|
Name : |
Mr. M. Jayapal |
|
Designation : |
Managing Director |
|
|
|
|
Name : |
Mr. D. P. Mishra |
|
Designation : |
Whole Time Director |
|
|
|
|
Name : |
Dr. Sridhar Ganesan |
|
Designation : |
Whole Time Director |
|
|
|
|
Name : |
Mr. P.T. Baby Thomas |
|
Designation : |
Independent Director |
|
|
|
|
Name : |
Mr. V. Thirumalai |
|
Designation : |
Independent Director |
|
|
|
|
Name : |
Mr. Venkat Radhakrishnan |
|
Designation : |
Independent Director |
|
|
|
|
Name : |
Dr. R. Ravichandran |
|
Designation : |
Additional Director / Independent Director |
|
|
|
|
Name : |
Dr. KC John |
|
Designation : |
Additional Director / Independent Director |
|
|
|
|
Name : |
Mr. R Vijay Venkatramaan |
|
Designation : |
Independent Director |
|
|
|
|
EXECUTIVE DIRECTOR : |
|
|
Name : |
Mr. M. Jayapal |
|
Designation : |
Managing Director |
|
|
|
|
Name : |
Mr. D.P. Mishra |
|
Designation : |
Whole Time Director |
|
|
|
|
Name : |
Dr. Sridhar Ganesan |
|
Designation : |
Whole Time Director |
KEY EXECUTIVES
|
Name : |
Mr. S. Mihan Raj |
|
Designation : |
Secretary/ Chief Financial officer |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.06.2015
|
Category of Shareholder |
Total No. of Shares |
Total
shareholding as a % of Total No. |
|
|
|
|
|
(A) Shareholding of Promoter and Promoter Group |
||
|
|
|
|
|
|
10015353 |
66.28 |
|
|
231400 |
1.53 |
|
|
10246753 |
67.81 |
|
|
|
|
|
Total shareholding of Promoter and Promoter Group (A) |
10246753 |
67.81 |
|
(B) Public Shareholding |
||
|
|
|
|
|
|
11700 |
0.08 |
|
|
6227 |
0.04 |
|
|
256501 |
1.70 |
|
|
274428 |
1.82 |
|
|
|
|
|
|
283452 |
1.88 |
|
|
|
|
|
|
2756213 |
18.24 |
|
|
1300738 |
8.61 |
|
|
248416 |
1.64 |
|
|
190777 |
1.26 |
|
|
12139 |
0.08 |
|
|
45500 |
0.30 |
|
|
4588819 |
30.37 |
|
Total Public shareholding (B) |
4863247 |
32.19 |
|
Total (A)+(B) |
15110000 |
100.00 |
|
(C) Shares held by Custodians and against which Depository Receipts
have been issued |
0 |
0.00 |
|
|
0 |
0.00 |
|
|
0 |
0.00 |
|
|
0 |
0.00 |
|
Total (A)+(B)+(C) |
15110000 |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing of Pharmaceuticals Formations. |
|
|
|
|
Products : |
Not Available |
|
|
|
|
Brand Names : |
Not Available |
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|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
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|
|
|
Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Not Divulged [We tried to confirm the number of employees but no one
is ready to part any information from the company management] |
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Bankers : |
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Facilities : |
(Rs.
In Million)
|
|
Auditors : |
|
|
Name : |
CNGSN and Associates LLP Chartered Accountants |
|
Address : |
No. 43, (Old No.22), Swathi Court, Flat No. C and D, Vijayaraghava
Road, T. Nagar, Chennai - 600017, Tamilnadu, India |
|
Tel. No.: |
91-44-45541480/81 |
|
Fax No.: |
91-44-45541482 |
|
E-Mail : |
info@cngsn.com |
|
Website: |
www.cngsn.com |
|
|
|
|
Statutory
Auditors: |
|
|
Name : |
M Raghunath and Company Chartered Accountants |
|
Address : |
New No. 22 (Old No.
83/2), Millers Road, Kilpauk, Chennai - 600 010, Tamilnadu, India |
|
|
|
|
Cost Auditors: |
G. Thangaraj Chartered Accountant |
|
|
12B, Block 3,
F2, Behind Venkatesha Nilayam, Jayalakshmipuram Main Road, Nungambakkam, Chennai
600 034, Tamilnadu, India |
|
|
|
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
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|
|
|
Related Parties : |
|
CAPITAL STRUCTURE
As on 30.06.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
17000000 |
Equity Shares |
Rs.10/- each |
Rs. 170.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
15110000 |
Equity Shares |
Rs.10/- each |
Rs. 151.100
Million |
|
|
|
|
|
a) Reconciliation of number of equity shares outstanding at the
beginning and at the end of the year
|
Particular |
As at 30.06.2014 |
|
Number of shares outstanding at the
beginning of the year |
15110000 |
|
Add: Number of share allotted as fully paid up during the year |
- |
|
Less: Number of share bought back during the year |
- |
|
Number of share outstanding at the end of the year |
15110000 |
b) Rights, preference and restrictions attached
to shares
Equity Shares
The Company has only one class of equity
share having a par value of 10/- per share. Each shareholder is eligible for
one Vote per share
The dividend proposed by the Board of
Directors is subject to the approval of the shareholders in the ensuing Annual
General Meeting except in the case of interim Dividend
In the event of liquidation, the equity
shareholders ae eligible to receive the remaining assets of the company, after
distribution of all preference amounts, in proportion to their shareholding.
c) Details of
shares in the company held by each shareholder holding more than 5% shares of
the company
|
Name of Shareholder |
30.06.2014 |
|
|
|
No. of Shares held |
% of Holding |
|
|
|
|
|
P. Vijayalakshmi |
2200000 |
14.57% |
|
P. Ashok Gorkey |
1810000 |
11.99% |
|
P. Vivek Siddarth |
1800000 |
11.92% |
|
P.K. Chellappan |
1353206 |
8.96% |
|
C.C. Paarthipan |
814812 |
5.40% |
|
S. Masilamani |
502000 |
5.31% |
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
30.06.2014 |
30.06.2013 |
30.06.2012 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
151.100 |
151.100 |
151.100 |
|
(b) Reserves & Surplus |
471.700 |
287.873 |
189.003 |
|
(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) |
622.800 |
438.973 |
340.103 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
20.228 |
34.514 |
15.519 |
|
(b) Deferred tax liabilities (Net) |
75.387 |
47.946 |
24.715 |
|
(c) Other long term
liabilities |
8.074 |
3.783 |
2.662 |
|
(d) long-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
103.689 |
86.243 |
42.896 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
0.500 |
0.530 |
52.034 |
|
(b) Trade
payables |
274.497 |
223.715 |
203.480 |
|
(c) Other current
liabilities |
657.301 |
471.419 |
361.060 |
|
(d) Short-term
provisions |
83.302 |
59.259 |
40.613 |
|
Total Current
Liabilities (4) |
1015.600 |
754.923 |
657.187 |
|
|
|
|
|
|
TOTAL |
1742.089 |
1280.139 |
1040.186 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
999.423 |
308.132 |
258.451 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
5.637 |
1.926 |
0.473 |
|
(iv)
Intangible assets under development |
248.691 |
513.075 |
127.909 |
|
(b) Non-current Investments |
0.901 |
0.901 |
|
|
(c) Deferred tax assets (net) |
5.394 |
12.881 |
12.378 |
|
(d) Long-term Loan and Advances |
34.936 |
106.551 |
108.251 |
|
(e) Other Non-current
assets |
|
|
|
|
Total Non-Current
Assets |
1294.982 |
943.466 |
507.462 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
78.052 |
89.192 |
56.168 |
|
(c) Trade receivables |
0.103 |
5.982 |
72.832 |
|
(d) Cash
and cash equivalents |
231.722 |
134.528 |
276.126 |
|
(e)
Short-term loans and advances |
126.876 |
101.025 |
115.804 |
|
(f) Other
current assets |
10.354 |
5.946 |
11.794 |
|
Total
Current Assets |
447.107 |
336.673 |
532.724 |
|
|
|
|
|
|
TOTAL |
1742.089 |
1280.139 |
1040.186 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
30.06.2014 |
30.06.2013 |
30.06.2012 |
|
|
SALES |
|
|
|
|
|
Income |
1663.980 |
1226.722 |
1076.206 |
|
|
Other Income |
33.372 |
17.330 |
23.895 |
|
|
TOTAL |
1697.352 |
1244.052 |
1100.101 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
246.065 |
306.480 |
311.307 |
|
|
Purchases of Stock-in-Trade |
758.104 |
527.334 |
476.290 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(6.839) |
(10.697) |
3.858 |
|
|
Employees benefits expense |
123.770 |
75.039 |
61.414 |
|
|
Other expenses |
186.085 |
106.602 |
118.546 |
|
|
Research and Development
Expenses |
20.800 |
6.576 |
|
|
|
TOTAL
|
1327.985 |
1011.334 |
971.415 |
|
|
|
|
|
|
|
Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
369.367 |
232.718 |
128.686 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
1.184 |
3.006 |
8.769 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
368.183 |
229.712 |
119.917 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
34.389 |
14.532 |
11.550 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
333.794 |
215.180 |
108.367 |
|
|
|
|
|
|
|
Less |
TAX |
77.440 |
72.115 |
26.516 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
256.354 |
143.065 |
81.851 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
Transfer to General Reserve |
34.000 |
15.000 |
8.501 |
|
|
Dividend |
60.440 |
37.775 |
30.201 |
|
|
Tax on Dividend |
12.084 |
6.420 |
4.904 |
|
|
Transfer from other Reserve |
0.000 |
(0.192) |
0.000 |
|
|
Surplus at the beginning
of the year |
(206.751) |
(121.689) |
(83.462) |
|
|
Total
|
(100.227) |
(62.686) |
(39.856) |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
356.581 |
205.751 |
121.707 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
16.97 |
9.47 |
5.42 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
30.06.2014 |
30.06.2013 |
30.06.2012 |
|
Current Maturities of Long term debt |
11.760 |
11.396 |
1.269 |
|
Cash generated from operations |
549.156 |
319.524 |
238.865 |
|
Net cash flow from operating activity |
N.A |
N.A |
N.A |
KEY
RATIOS
|
PARTICULARS |
|
30.06.2014 |
30.06.2013 |
30.06.2012 |
|
Net Profit Margin (PAT / Sales) |
(%) |
15.41 |
11.66 |
7.61 |
|
|
|
|
|
|
|
Operating Profit Margin (PBIDT/Sales) |
(%) |
22.20 |
18.97 |
11.96 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
22.53 |
28.64 |
12.05 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.54 |
0.49 |
0.32 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.05 |
0.11 |
0.20 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.44 |
0.45 |
0.81 |
STOCK
PRICES
|
Face Value |
Rs. 10.00/- |
|
Market Value |
Rs. 1284.70/- |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
30.06.2012 |
30.06.2013 |
30.06.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Share Capital |
151.100 |
151.100 |
151.100 |
|
Reserves & Surplus |
189.003 |
287.873 |
471.700 |
|
Net
worth |
340.103 |
438.973 |
622.800 |
|
|
|
|
|
|
long-term borrowings |
15.519 |
34.514 |
20.228 |
|
Short term borrowings |
52.034 |
0.530 |
0.500 |
|
Current maturities of
long-term debts |
1.269 |
11.396 |
11.760 |
|
Total
borrowings |
68.822 |
46.440 |
32.488 |
|
Debt/Equity
ratio |
0.202 |
0.106 |
0.052 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
30.06.2012 |
30.06.2013 |
30.06.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
1076.206 |
1226.722 |
1663.980 |
|
|
|
13.986 |
35.644 |
NET PROFIT MARGIN
|
Net
Profit Margin |
30.06.2012 |
30.06.2013 |
30.06.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
1076.206 |
1226.722 |
1663.980 |
|
Profit |
81.851 |
143.065 |
256.354 |
|
|
7.61% |
11.66% |
15.41% |
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 |
No |
|
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) |
No |
|
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 |
No |
|
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 |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
no |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
RESULTS OF OPERATIONS
India`s economic growth rate rose to 4.7% In FY2014 from 4.5% In FY2013.The Global operating environment improved considerably in FY2013-14, as economic activity strengthened.
India tops the world in exporting generic medicines worth US$ 11 billion. Currently, the Indian Pharmaceutical Industry is one of the world`s largest and most developed. Generics will continue to dominate the market while patent - protected products are likely to constitute 10 per cent of the pie till 2015, according to Mc. Kinsey report India Pharma 2015-Unlocking the potential of Indian Pharmaceuticals market`.
On Standalone basis, the Company achieved a revenue of Rs.1697.352 Million as compared to Rs.124.452 MIllion in previous year and the Standalone operating profit before finance costs, depreciation & tax was Rs.369.367 Million as compared to Rs. 232.718 Million in previous year. The Company achieved a growth of 36.43% in revenue and 58.71% in operating profit as compared to the previous year
UNAUDITED
STANDALONE FINANCIAL RESULT FOR THE QUARTER ENDED 31ST MARCH, 2015
(Rs. In Million)
|
|
|
Three Months Ended |
Nine month Ended |
||
|
31.03.2015 |
31.12.2014 |
31.03.2015 |
|||
|
Unaudited |
Unaudited |
Unaudited |
|||
|
1 |
Income From
Operations |
|
|
|
|
|
|
a. Net Sales/ Income from Operations (Net of Excise Duty) |
581.821 |
551.829 |
1661.853 |
|
|
|
b. Share of profit in LLP |
27.352 |
22.784 |
64.892 |
|
|
|
Total Income from
Operations (Net) |
609.173 |
574.613 |
1726.745 |
|
|
2 |
Expenditure |
|
|
|
|
|
|
a. Cost of material Consumed |
92.857 |
98.399 |
257.298 |
|
|
|
|
229.995 |
205.644 |
684.406 |
|
|
|
b. Changes in inventory of finished Goods, work- in-progress and Stock-in-trade |
(0.792) |
9.142 |
3.466 |
|
|
|
c. Employees Benefit Expenses |
46.341 |
44.265 |
130.267 |
|
|
|
d. depreciation and Amortization Expenses |
13.621 |
18.310 |
50.839 |
|
|
|
e. Amortization of Intangible Assets |
- |
0.549 |
1.089 |
|
|
|
f. Foreign Exchange Fluctuation Loss |
5.113 |
13.857 |
18.970 |
|
|
|
g. Research and Development Expenses |
15.412 |
13.501 |
41.195 |
|
|
|
h. Other expenses |
77.223 |
66.517 |
210.740 |
|
|
|
Total Expenses |
479.440 |
470.184 |
1398.270 |
|
|
3 |
Profit from Operations
before Other Income, Interest and Exceptional Items |
129.733 |
104.429 |
328.475 |
|
|
4 |
Other Income |
6.243 |
7.338 |
19.024 |
|
|
5 |
Profit from
ordinary activities before finance cost & exceptional items |
135.976 |
111.767 |
347.499 |
|
|
6 |
Finance Costs |
0.390 |
0.454 |
1.318 |
|
|
7 |
Profit from
ordinary activities before tax |
135.586 |
111.313 |
346.181 |
|
|
8 |
Tax Expense |
29.600 |
20.200 |
63.800 |
|
|
9 |
Net Profit After
Tax |
105.986 |
91.113 |
282.381 |
|
|
10 |
Paid-up equity share capital (face value of Rs.2 per share) |
151.100 |
151.100 |
151.100 |
|
|
11 |
Earnings Per Share |
- |
- |
- |
|
|
|
Basic EPS |
7.01 |
6.03 |
18.69 |
|
|
|
Diluted EPS |
7.01 |
6.03 |
18.69 |
|
|
A |
PARTICULARS OF
SHAREHOLDING |
|
|
|
|
|
12 |
Public Shareholding |
|
|
|
|
|
|
- No. of shares |
4863247 |
6239247 |
4863247 |
|
|
|
- Percentage of shareholding |
32.19% |
41.29 |
32.19% |
|
|
13 |
Promoter &
Promoter Group Shareholding |
|
|
|
|
|
|
a)
Pledged/Encumbered |
|
|
|
|
|
|
- No. of shares |
- |
- |
- |
|
|
|
- Percentage of shareholding (as a % of the total shareholding of promoter and promoter group) |
- |
- |
- |
|
|
|
- Percentage of shareholding (as a % of the total share capital of the company) |
- |
- |
- |
|
|
|
b) Non-encumbered |
|
|
|
|
|
|
- No. of shares |
10246753 |
8870753 |
10246753 |
|
|
|
- Percentage of shareholding (as a % of the total shareholding of promoter and promoter group) |
100% |
100% |
100% |
|
|
|
- Percentage of shareholding (as a % of the total share capital of the company) |
67.81% |
58.71% |
67.81% |
|
|
|
Particulars |
Quarter ended 30.09.2014 |
|
B |
Investor Complaints |
|
|
|
Pending at the beginning of the quarter |
-- |
|
|
Received during the quarter |
46 |
|
|
Disposed off during the quarter |
46 |
|
|
Remaining unresolved at the end of the
quarter |
- |
Note:
1. The Company operate in one segment only
2. The above standalone unaudited financial result were considered and
recommended by the Audit Committee of the Board and have
INDEX OF CHARGES:
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10344453 |
31/01/2012 |
75,000,000.00 |
THE CATHOLIC
SYRIAN BANK LIMITED |
826 GROUND
FLOOR, TARAPORE TOWERS, MOUNT ROAD BRA |
B35868769 |
|
2 |
10344483 |
31/01/2012 |
125,000,000.00 |
THE CATHOLIC
SYRIAN BANK LIMITED |
826 GROUND
FLOOR, TARAPORE TOWERS, MOUNT ROAD BRA |
B35875194 |
|
3 |
10073263 |
31/01/2012 * |
30,000,000.00 |
THE CATHOLIC
SYRIAN BANK LIMITED |
826, TARAPORE
TOWERS, MOUNT ROAD, CHENNAI- 600002, TAMILNADU, INDIA |
B35875434 |
|
4 |
10052661 |
31/01/2012 * |
215,000,000.00 |
THE CATHOLIC
SYRIAN BANK LIMITED |
826 GROUND
FLOOR, TARAPORE TOWERS, MOUNT ROAD BRA |
B35874759 |
|
5 |
80027571 |
05/09/2000 |
8,500,000.00 |
CATHOLIC SYRIAN
LIMITED |
MOUNT ROAD,,
CHENNAI, CHENNAI - 600002, TAMIL NADU, INDIA |
- |
|
6 |
90281799 |
21/01/1994 |
1,000,000.00 |
INDIAN OVERSEAS
BANK |
WEST MAMBALAM BRANCH,
MADRAS - 600002, TAMIL NADU - |
- |
Contingent
Liabilities
|
Sl No |
Name of the statute |
Nature of dues |
30.06.2014 (Rs. In Million |
|
1 |
Income Tax Act, 1961 |
Income tax |
26.110 |
|
2 |
Central Excise Act, 1944 |
Excise Duty |
2.726 |
|
3 |
Foreign Trade (Development & Regulation ) Act 1992 |
Customs Duty |
- |
FIXED ASSETS
- Land
- Building
- Plant and
Machinery
- Furniture and
Fixture
- Office
Equipments
- Computer
- Electrical
Fitting
- Motor
Vehicles
- Motor
Vehicles
- Tools and
Spares
- Lab
Equipments
- Motor Cycle
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 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.63.49 |
|
|
1 |
Rs.99.42 |
|
Euro |
1 |
Rs.69.14 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUV |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
RKI |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
8 |
|
PAID-UP CAPITAL |
1~10 |
7 |
|
OPERATING SCALE |
1~10 |
8 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
8 |
|
--PROFITABILITY |
1~10 |
7 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
7 |
|
--RESERVES |
1~10 |
8 |
|
--CREDIT LINES |
1~10 |
8 |
|
--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 |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
68 |
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.