MIRA INFORM REPORT

Report No. :	332984
Report Date :	21.07.2015

IDENTIFICATION DETAILS

Name :	A AND M RESOURCES PRIVATE LIMITED
Registered Office :	“Saikrupa”, D. NO.: 8-3-833 Plot No: 37 and 38 Phase 1, Kamalapuri Colony, Hyderabad-500073, Telangana
Tel. No.:	91-40-30570009
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	02.12.2010
Com. Reg. No.:	01-071499
Capital Investment / Paid-up Capital :	Rs. 89.400 Million
CIN No.: [Company Identification No.]	U13203TG2010PTC071499
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AAJCA1219P
Legal Form :	Private Limited Liability Company
Line of Business :	Dealing in all types of minerals.
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

B (27)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	USD 10000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company incorporated during the year 2010 having a moderate track record. The rating is constrained on account of some accumulated losses incurred by the company. However, trade relations are reported as fair. Business is active. Payments terms are reported to be slow but correct. The company can be considered for business dealings with some 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 – 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

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.

LOCATIONS

Registered Office :	“Saikrupa”, D. NO.: 8-3-833 Plot No: 37 and 38 Phase 1, Kamalapuri Colony, Hyderabad-500073, Telangana, India
Tel. No.:	91-40-30570009
Fax No.:	91-40-30570012
E-Mail :	finance@amresources.in
Website:	http://www.amresources.in

DIRECTORS

AS ON: 30.09.2014

Name :

Mr. Althuru Mahesh Reddy

Designation :

Director

Address :

Flat No-106, Hanging Gardens, Road No. -1, Banjara Hills, Hyderabad, 500034, Andhra Pradesh, India

Date of Birth/Age :

31.10.1966

Date of Appointment :

02.12.2010

PAN No.:

ABQPA4251N

DIN No.:

00758625

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	U45201TG2001PLC036617	AMR INDIA LIMITED	Managing director	01/04/2010	04/06/2001	-	Active	NO
2	U40101KA2001PTC029130	PAVANA GANGA POWER PRIVATE LIMITED	Director	01/07/2006	01/07/2006	01/06/2013	Active	NO
3	U45204TG2006PTC050559	AMR MALIND INFRA PRIVATE LIMITED	Director	07/07/2006	07/07/2006	-	Active	NO
4	U70101TN2000PLC044980	AMRL HITECH CITY LIMITED	Director	17/12/2014	04/11/2006	-	Active	NO
5	U01119TG2007PLC052261	AMR AGRO FARMS LIMITED	Director	05/01/2007	05/01/2007	-	Active	NO
6	U63090TG2007PLC052514	AMR WAREHOUSING LIMITED	Director	25/01/2007	25/01/2007	-	Active	NO
7	U55101TG2007PLC053712	AMR HOSPITALITY SERVICES LIMITED	Director	21/04/2007	21/04/2007	10/06/2011	Active	NO
8	U15424TG2007PLC056495	AMR SANGAM SUGAR VENTURES LIMITED	Director	30/11/2007	30/11/2007	15/10/2011	Active	NO
9	U74900TG2007PLC056599	AMR GLOBAL INDUSTRIES LIMITED	Director	10/12/2007	10/12/2007	31/03/2015	Active	NO
10	U40108TG2007PLC056710	AMR ENVERGYS LIMITED	Director	17/12/2007	17/12/2007	-	Active	NO
11	U45200TG2004PTC044030	Aascot Builders Private Limited	Director	12/05/2010	12/05/2010	-	Active	NO
12	U51909WB2009PTC131727	PRISTINE VINTRADE PRIVATE LIMITED	Director	08/06/2010	08/06/2010	22/06/2010	Active	NO
13	U51909WB2009PTC131717	AMBLE VANIJYA PRIVATE LIMITED	Director	08/06/2010	08/06/2010	22/06/2010	Active	NO
14	U51909WB2009PTC131712	ZAMEEN TRADERS PRIVATE LIMITED	Director	15/06/2010	15/06/2010	28/09/2012	Active	NO
15	U51909WB2008PTC130346	SHIVICS VINTRADE PRIVATE LIMITED	Director	15/06/2010	15/06/2010	28/09/2012	Active	NO
16	U51909WB2009PTC131733	SAGITTARIUS TRADECOM PRIVATE LIMITED	Director	15/06/2010	15/06/2010	28/09/2012	Active	NO
17	U92120TG2010PTC069911	ECSTASY ENTERTAINMENT PRIVATE LIMITED	Director	10/08/2010	10/08/2010	05/03/2012	Active	NO
18	U13100TG2010PLC071415	AMR MINING LIMITED	Director	29/11/2010	29/11/2010	-	Active	NO
19	U13203TG2010PTC071499	A AND M RESOURCES PRIVATE LIMITED	Director	02/12/2010	02/12/2010	-	Active	NO
20	U74999TG2011PTC078100	AMR TRADE CENTRE PRIVATE LIMITED	Director	20/12/2011	20/12/2011	-	Active	NO
21	U92120TG2012PTC078930	VAALIDO ENTERTAINMENT PRIVATE LIMITED	Director	02/02/2012	02/02/2012	-	Active	NO
22	U92100TG2011PTC074148	Sai Krupa Entertainment Private Limited	Director	29/09/2012	30/07/2012	-	Active	NO

Name :

Mr. Althuru Girish Reddy

Designation :

Director

Address :

Plot No. 87, Road No. 72, Jubilee Hills, Hyderabad-500033, Andhra Pradesh, India

Date of Birth/Age :

15.08.1964

Date of Appointment :

02.12.2010

PAN No.:

AAKPA8613P

DIN No.:

01454094

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	U45201TG2001PLC036617	AMR INDIA LIMITED	Whole-time director	01/04/2010	25/04/2001	16/03/2015	Active	NO
2	U40101KA2001PTC029130	PAVANA GANGA POWER PRIVATE LIMITED	Director	01/07/2006	01/07/2006	01/06/2013	Active	NO
3	U45204TG2006PTC050559	AMR MALIND INFRA PRIVATE LIMITED	Additional director	23/08/2014	07/07/2006	-	Active	NO
4	U70101TN2000PLC044980	AMRL HITECH CITY LIMITED	Director	14/12/2007	04/11/2006	16/07/2014	Active	NO
5	U01119TG2007PLC052261	AMR AGRO FARMS LIMITED	Director	05/01/2007	05/01/2007	14/07/2014	Active	NO
6	U63090TG2007PLC052514	AMR WAREHOUSING LIMITED	Director	25/01/2007	25/01/2007	-	Active	NO
7	U55101TG2007PLC053712	AMR HOSPITALITY SERVICES LIMITED	Director	21/04/2007	21/04/2007	10/06/2011	Active	NO
8	U15424TG2007PLC056495	AMR SANGAM SUGAR VENTURES LIMITED	Managing director	30/05/2008	30/11/2007	15/10/2011	Active	NO
9	U74900TG2007PLC056599	AMR GLOBAL INDUSTRIES LIMITED	Director	10/12/2007	10/12/2007	-	Active	NO
10	U40108TG2007PLC056710	AMR ENVERGYS LIMITED	Director	17/12/2007	17/12/2007	14/07/2014	Active	NO
11	U45200TG2004PTC044030	Aascot Builders Private Limited	Director	12/05/2010	12/05/2010	14/07/2014	Active	NO
12	U51101WB2009PTC131721	ENLIVEN TRADE PRIVATE LIMITED	Director	08/06/2010	08/06/2010	22/06/2010	Active	NO
13	U51909WB2009PTC131727	PRISTINE VINTRADE PRIVATE LIMITED	Director	08/06/2010	08/06/2010	22/06/2010	Active	NO
14	U51909WB2009PTC131733	SAGITTARIUS TRADECOM PRIVATE LIMITED	Director	15/06/2010	15/06/2010	28/09/2012	Active	NO
15	U51909WB2009PTC131712	ZAMEEN TRADERS PRIVATE LIMITED	Director	15/06/2010	15/06/2010	28/09/2012	Active	NO
16	U51909WB2008PTC130346	SHIVICS VINTRADE PRIVATE LIMITED	Director	15/06/2010	15/06/2010	28/09/2012	Active	NO
17	U13100TG2010PLC071415	AMR MINING LIMITED	Director	29/11/2010	29/11/2010	14/07/2014	Active	NO
18	U13203TG2010PTC071499	A AND M RESOURCES PRIVATE LIMITED	Director	02/12/2010	02/12/2010	-	Active	NO
19	U92100TG2011PTC074148	Sai Krupa Entertainment Private Limited	Director	28/04/2011	28/04/2011	05/05/2011	Active	NO
20	U74999TG2011PTC078100	AMR TRADE CENTRE PRIVATE LIMITED	Director	20/12/2011	20/12/2011	14/07/2014	Active	NO
21	U92120TG2012PTC078930	VAALIDO ENTERTAINMENT PRIVATE LIMITED	Director	02/02/2012	02/02/2012	14/07/2014	Active	NO

Name :

Mr. Lumesh Tilchand Sanghavi

Designation :

Nominee Director

Address :

102, Jay Apartment 199, Dixit Road, Vile Parle (East), Mumbai-400057, Maharashtra, India

Date of Birth/Age :

20.03.1969

Date of Appointment :

06.07.2011

DIN No.:

01955229

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	U45400MH1999PTC120892	AALOKA REAL ESTATE PRIVATE LIMITED	Director	01/10/1999	01/10/1999	29/01/2009	Active	NO
2	U13203TG2010PTC071499	A AND M RESOURCES PRIVATE LIMITED	Nominee director	06/07/2011	06/07/2011	-	Active	NO

Name :

Mr. Shyamal Shivkumar Joshi

Designation :

Nominee Director

Address :

40, Prerana Tirth - 1, B/H. Someshwar - II, Satellite, Ahmedabad-380015, Gujarat, India

Date of Birth/Age :

12.08.1949

Date of Appointment :

06.07.2011

DIN No.:

00005766

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	U35912GJ1990PTC014579	BHAVYA MOTORS PRIVATE LIMITED	Director	29/10/1990	29/10/1990	07/12/2011	Active	NO
2	U45201GJ1999PTC036798	ADANI INFRASTRUCTURE SERVICES PRIVATE LIMITED	Director	28/12/1999	28/12/1999	31/05/2009	Amalgamated	NO
3	U74999GJ2000PTC038407	ADANI TRUSTEE COMPANY PRIVATE LIMITED	Director	19/07/2004	19/07/2004	31/05/2009	Amalgamated	NO
4	U51100GJ2000PTC038408	B 2 B INDIA PRIVATE LIMITED	Director	19/07/2004	19/07/2004	31/05/2009	Amalgamated	NO
5	U45200GJ2006PTC049047	ADANI LAND DEVELOPERS PRIVATE LIMITED	Director	07/09/2006	07/09/2006	31/05/2009	Active	NO
6	U72200GJ2000PTC050919	NETVANTAGE INTERNATIONAL Private LIMITED	Director	29/09/2008	25/01/2008	31/05/2009	Active	NO
7	U45300GJ1999PTC036797	ADANI PORT INFRASTRUCTURE PRIVATE LIMITED	Director	25/08/2008	04/03/2008	-	Amalgamated	NO
8	U45300GJ2005PTC046949	ADANI ESTATES PRIVATE LIMITED	Director	04/03/2008	04/03/2008	31/05/2009	Active	NO
9	U45200GJ2006PTC049220	ADANI HABITATS PRIVATE LIMITED	Director	25/09/2008	04/03/2008	31/05/2009	Strike off	NO
10	U51109GJ1997PTC032088	MIRAJ IMPEX PRIVATE LIMITED	Director	25/09/2008	04/03/2008	31/05/2009	Active	NO
11	U52190GJ2000PTC038315	ADANI RETAIL Private LIMITED	Director	25/09/2008	04/03/2008	31/05/2009	Amalgamated	NO
12	U72900GJ2001PTC039192	ASCENDUM KPS PRIVATE LIMITED	Director	30/09/2008	04/03/2008	31/05/2009	Active	NO
13	U45203GJ2006PTC049426	DHOLERA INFRASTRUCTURE PRIVATE LTD	Director	30/09/2008	07/03/2008	18/07/2009	Active	NO
14	U01110GJ1995PTC024627	ADANI AGRO PRIVATE LIMITED	Director	25/09/2008	14/03/2008	31/05/2009	Amalgamated	NO
15	U45201GJ1995PTC026067	ADANI PROPERTIES PRIVATE LIMITED	Director	25/09/2008	17/03/2008	31/05/2009	Active	NO
16	U40100GJ2005PLC046553	ADANI GAS LIMITED	Director	30/09/2008	28/07/2008	10/04/2009	Active	NO
17	U01403MH2008PTC185743	JADE AGRI LAND PRIVATE LIMITED	Director	12/08/2008	12/08/2008	31/05/2009	Active	NO
18	U52100GJ1965PLC001347	GSEC LIMITED	Director	26/09/2009	30/06/2009	-	Active	NO
19	U24114GJ2003PLC042820	LOXIM INDUSTRIES LIMITED	Director	09/08/2010	01/12/2009	01/06/2012	Active	NO
20	U85110GJ2004PLC044667	SHALBY LIMITED	Director	16/08/2010	01/06/2010	-	Active	NO
21	L45201GJ1990PLC013417	NILA INFRASTRUCTURES LIMITED	Director	20/09/2014	14/08/2010	-	Active	NO
22	U21019GJ1969PTC001572	SABARMATI PAPERS PRIVATE LIMITED	Director	21/07/2011	03/02/2011	04/09/2013	Active	NO
23	U13203TG2010PTC071499	A AND M RESOURCES PRIVATE LIMITED	Nominee director	06/07/2011	06/07/2011	-	Active	NO
24	U85110GA1995PLC001851	VRUNDAVAN SHALBY HOSPITALS LIMITED	Nominee director	12/08/2011	12/08/2011	-	Active	NO
25	U85110GJ2004PLC045076	KUSHA HEALTHCARE LIMITED	Director	11/04/2012	11/04/2012	-	Active	NO
26	U85110GJ1997PLC032486	YOGESHWAR HEALTHCARE LIMITED	Director	30/11/2013	30/10/2012	-	Active	NO
27	U10102CT2010SGC022194	CSPGCL AEL PARSA COLLIERIES LIMITED	Director	13/12/2013	12/12/2012	-	Active	NO
28	U63090GJ2012PTC069305	ADANI KANDLA BULK TERMINAL PRIVATE LIMITED	Additional director	31/03/2015	31/03/2015	-	Active	NO
29	U40100GJ2009PLC058171	ADANI PENCH POWER LIMITED	Additional director	31/03/2015	31/03/2015	-	Active	NO
30	U31909KA1996PLC019918	UDUPI POWER CORPORATION LIMITED	Additional director	20/04/2015	20/04/2015	-	Active	NO

KEY EXECUTIVES

Name :	Rajula Sivaram Reddy
Designation :	Company Secretary

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON: 30.09.2014

Names of Shareholders	No. of Shares	%age holding
AMR India Limited	4381337	49.01
Assent Trade and investment Private Limited	4558713	50.99
Total	8940050	100.00

Equity Share Break up (Percentage of Total Equity)

AS ON: 30.09.2014

Category	Percentage
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Dealing in all types of minerals.
Products :	Not Divulged
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :	Not Divulged

PRODUCTION STATUS NOT AVAILABLE

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 :

Not Divulged

Bankers :

Banker Name	Not Divulged
Branch Address	Not Divulged
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 :

(Rs. In Million)

SECURED LOAN	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Rupee Term Loan from Others	122.734	119.289
Total	122.734	119.289

Financial Institutions:	SREI Equipment Finance Private Limited, ‘Vishwakarma’, 86C, Topsia Road, Kolkata-700046, West Bengal, India
Auditors :
Name :	Venkata Alla and Company Chartered Accountants
Address :	#15-21-150/14/1&1 A, Manasa White House, Balaji Nagar, Kukatpally, Telangana, India
Tel. No:	91-40-23058276
Mobile No:	91-9866792333
E-Mail:	Venkata_alla@rediffmail.com
PAN No.:	AEMPA0777Q
Memberships :	Not Available
Collaborators :	Not Available
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives:	AMR INDIA LIMITED A and M Minerals Pty Limited
Holding Company:	Assent Trade and Investment Private Limited

CAPITAL STRUCTURE

AS ON: 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
10000000	Equity Shares	Rs.10/- each	Rs. 100.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
8940050	Equity Shares	Rs.10/- each	Rs. 89.400 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	89.400	76.418	9.868
(b) Reserves & Surplus	(56.122)	(52.684)	(33.134)
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	29.797	35.096
Total Shareholders’ Funds (1) + (2)	33.278	53.531	11.830
(3) Non-Current Liabilities
(a) long-term borrowings	122.734	119.289	0.000
(b) Deferred tax liabilities (Net)	3.703	3.735	0.316
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.905	2.217	0.000
Total Non-current Liabilities (3)	127.342	125.241	0.316
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	15.546	19.608	9.504
(c) Other current liabilities	78.616	58.310	9.540
(d) Short-term provisions	1.060	0.005	0.000
Total Current Liabilities (4)	95.222	77.923	19.044
TOTAL	255.842	256.695	31.190
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	205.811	170.142	16.985
(ii) Intangible Assets	0.812	1.010	0.759
(iii) Capital work-in-progress	0.638	6.869	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	4.430	4.430	0.000
(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	0.076	1.536	1.500
Total Non-Current Assets	211.767	183.987	19.244
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	5.780	3.865	0.000
(c) Trade receivables	22.590	29.412	10.393
(d) Cash and cash equivalents	0.735	13.640	0.530
(e) Short-term loans and advances	0.356	4.641	0.071
(f) Other current assets	14.614	21.150	0.952
Total Current Assets	44.075	72.708	11.946
TOTAL	255.842	256.695	31.190

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	INCOME	271.444	168.131	23.154
Less:	EXPENSES	321.170	208.941	55.111
	PROFIT/ (LOSS) BEFORE TAX	(49.726)	(40.810)	(31.957)
Less:	TAX	(0.032)	3.418	1.177
	PROFIT/ (LOSS) AFTER TAX	(49.694)	(44.228)	(33.134)
	EARNINGS IN FOREIGN CURRENCY	35.852	37.057	22.489
	Earnings / (Loss) Per Share (Rs.)
	Basic	(6.03)	(10.30)	(37.70)
	Diluted	(6.03)	(4.77)	(14.78)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	40.410	27.615	0.000
Cash generated from operations	NA	NA	NA
Net Cash Flow from (used in) Operations	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Income)	(%)	(18.31)	(26.31)	(143.10)
Return on Total Assets (PBT/Total Assets}	(%)	(19.83)	(16.63)	(102.46)
Return on Investment (ROI) (PBT/Networth)		(1.49)	(0.76)	(2.70)
Debt Equity Ratio (Total Debt /Networth)		3.69	2.23	0.00
Current Ratio (Current Asset/Current Liability)		0.46	0.93	0.63

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	9.868	76.418	89.400
Reserves & Surplus	(33.134)	(52.684)	(56.122)
Share Application money pending allotment	35.096	29.797	0.000
Net worth	11.830	53.531	33.278
long-term borrowings	0.000	119.289	122.734
Short term borrowings	0.000	0.000	0.000
Total borrowings	0.000	119.289	122.734
Debt/Equity ratio	0.000	2.228	3.688

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)
Income	23.154	168.131	271.444
		626.142	61.448

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Income	23.154	168.131	271.444
Profit / (Loss)	(33.134)	(44.228)	(49.694)
	(143.10%)	(26.31%)	(18.31%)

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	No
8	Designation of contact person	No
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	No
14	Line of Business	No
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	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	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

INDEX OF CHARGES:

S. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10443306	03/08/2013	45,950,122.00	SREI Equipment Finance Private Limited	'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA, WEST BENGAL - 700046, INDIA	B82239849
2	10391191	03/12/2012	9,700,926.00	SREI Equipment Finance Private Limited	'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA, WEST BENGAL - 700046, INDIA	B63826457
3	10391190	03/12/2012	34,497,387.00	SREI Equipment Finance Private Limited	'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA, WEST BENGAL - 700046, INDIA	B63826093
4	10379947	22/09/2012	7,343,502.00	SREI Equipment Finance Private Limited	'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA, WEST BENGAL - 700046, INDIA	B59464818
5	10363143	29/06/2012	9,772,624.00	SREI Equipment Finance Private Limited	'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA, WEST BENGAL - 700046, INDIA	B42688382
6	10363144	29/06/2012	19,972,494.00	SREI Equipment Finance Private Limited	'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA, WEST BENGAL - 700046, INDIA	B42688754
7	10363141	29/06/2012	20,427,942.00	SREI Equipment Finance Private Limited	'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA, WEST BENGAL - 700046, INDIA	B42687749
8	10363136	29/06/2012	45,967,512.00	SREI Equipment Finance Private Limited	'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA, WEST BENGAL - 700046, INDIA	B42687350

FIXED ASSETS:

Tangible

• Buildings
• Plant and Equipment
• Furniture and Fixtures
• Vehicles
• Office Equipment
• Other Equipment

Intangible

• Computer Software

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 records 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-Mone 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. 63.55
UK Pound	1	Rs. 99.10
Euro	1	Rs. 68.83

INFORMATION DETAILS

Analysis Done by :	DIV
Report Prepared by :	THR

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILITY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	2
--CREDIT LINES	1~10	3
--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		27

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.