MIRA INFORM REPORT

Report No. :	326197
Report Date :	10.06.2015

IDENTIFICATION DETAILS

Name :	COLOUR ROOF (INDIA) LIMITED
Registered Office :	B-1/1, Mayour Ma-Krupa Co-operative Housing Society Limited, Off Gokhale School, Shimpoli Road, Borivali (West), Mumbai – 400 092, Maharashtra
Tel. No.:	91-22-40957000
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	17.05.2000
Com. Reg. No.:	11-126598
Capital Investment / Paid-up Capital :	Rs. 107.993 Million
CIN No.: [Company Identification No.]	U27200MH2000PLC126598
TAN No.: [Tax Deduction & Collection Account No.]	MUMC08057A
PAN No.: [Permanent Account No.]	AABCC3215D
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company is engaged in the Steel Business
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

B (29)

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

Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Exist
Comments :	Subject is an established company having moderate track record. Management of the company has not filed its financial with the government department for the year 2014. As per available financial of 2013, sales turnover of the company has declined, it has also incurred a loss. However, trade relations are reported as fair. Business is active. Payment 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.

INFORMATION DECLINED BY

Name :	Mr. Hemant K. Borade
Designation :	Company Secretary
Contact No.:	91-22-40957000
Date :	05.06.2015

LOCATIONS

Registered Office :	B-1/1, Mayour Ma-Krupa Co-operative Housing Society Limited, Off Gokhale School, Shimpoli Road, Borivali (West), Mumbai – 400 092, Maharashtra, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	finance.ho@kltgroup.net contact@colourroof.com company.secretary@kltgroup.net vital.nayak@kltgroup.net
Website :	http://www.colourroof.com
Corporate Office:	B-601, Elegant Business Park, MIDC Road Number 2, J. B. Nagar, Andheri (East), Mumbai - 400 059 Maharashtra, India
Tel. No.:	91-22-40957000 (Hunting Line)
Fax No.:	91-22-40957100
E-Mail :	contact@kltgroup.net
Factory 1 :	J – 16, MIDC, Opposite Indal Taloja, District Raigad, Maharashtra, India
Tel. No.:	91-22-27402236 / 2227 / 27414229 / 27904229
Fax No.:	91-22-27411821
Factory 2 :	Plot No. C-26/27, Sipcot Industrial Growth Centre, Perundarai – 638 052, District – Erode, Tamilnadu, India
Factory 3:	CRIL- Khapoli, Plot No. 42 to 45, Village Dheku, Post Saigaon, Taluka - Khalapur, District- Raigad, Maharashtra, India
Sales Offices :	Located At · Mumbai · Thane · Kalyan · Pune · Nagpur · Bangalore
North Zonal Office :	Located At · Delhi, · Uttar Pradesh · Himachal Pradesh · Punjab · Haryana · Uttarakhand
East Zonal Office :	Located At · West Bengal · Jharkhand, Chhattisgarh · Bihar · Orissa · Sikkim · N.E States · Bhutan

DIRECTORS

AS ON 30.12.2013

Name :

Mr. Bhavin Kishorebhai Thakkar

Designation :

Whole-Time Director

Address :

1401, 14th Floor, Raghunath Tower C.H.S. Limited Devidas Ext. Road, Borivali (West), Mumbai - 400103, Maharashtra, India

Date of Birth/Age :

26.06.1964

Qualification :

B. Tech

Date of Appointment :

01.04.2007

PAN No.:

AAAPT8279Q

DIN No.:

00001780

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	U99999MH1993PLC075333	PRE-FAB DWELLING (INDIA) LIMITED.	Director	26/11/1993	26/11/1993	19/12/2013	Active	NO
2	U34300MH1994PLC081463	KLT AUTOMOTIVE AND TUBULAR PRODUCTS LIMITED	Managing director	01/04/2012	26/09/1994	-	Active	NO
3	U01100MH1996PLC101505	KLT AGRO FOODS LIMITED	Director	31/07/1996	31/07/1996	-	Active	NO
4	U99999MH1996PTC102829	THAKKARSONS METAL PROCESSORS PRIVATE LIMITED	Director	25/09/1996	25/09/1996	-	Active	NO
5	U28113MH1997PLC106347	THAKKARSONS METFORM (INDIA) LIMITED	Director	05/03/1997	05/03/1997	-	Active	NO
6	U27200MH2000PLC126598	COLOUR ROOF (INDIA) LIMITED	Whole-time director	01/04/2007	17/05/2000	-	Active	NO
7	U28111MH2002PTC135422	METAL ROOFING CONTRACTORS (INDIA) PRIVATE LIMITED	Director	05/04/2002	05/04/2002	-	Active	NO
8	U72900MH2000PTC129911	BORAL INFOTECH PRIVATE LIMITED	Director	22/09/2006	14/09/2006	16/03/2015	Active	NO
9	U51101MH2000PTC129498	TANJORE TRADEPLACE PRIVATE LIMITED	Director	22/09/2006	14/09/2006	19/12/2013	Active	NO
10	U51900MH1994PTC076742	TRIPURI TRADERS PRIVATE LIMITED	Director	22/09/2006	14/09/2006	19/12/2013	Active	NO
11	U51900MH2000PTC126423	SANTOOR IMPEX PRIVATE LIMITED	Director	22/09/2006	14/09/2006	19/12/2013	Active	NO
12	U27310DL2006PTC155632	KLT PRE-FINISH STEELS PRIVATE LIMITED	Director	17/11/2006	17/11/2006	-	Strike off	NO
13	U72900MH2000PTC129906	AMZEL INFOTECH PRIVATE LIMITED	Additional director	08/12/2006	08/12/2006	16/03/2015	Active	NO
14	U27100MH2011PTC220698	Metcraft Steel Private Limited	Director	08/08/2011	08/08/2011	-	Active	NO

Name :

Sushila Kishore Thakkar

Designation :

Whole-time Director

Address :

143, 14th Floor, Vasukamal Tower C.H.S. Limited, Devidas Ext. Road, Borivali (West), Mumbai - 400103, Maharashtra, India

Date of Birth/Age :

21.07.1939

Qualification :

BA

Date of Appointment :

01.04.2012

PAN NO.:

AADPT0748D

DIN No.:

00001782

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	Company/ LLP Status	Defaulting status
1	U28113MH1997PLC106347	THAKKARSONS METFORM (INDIA) LIMITED	Director	01/11/2004	01/11/2004	Active	NO
2	U27200MH2000PLC126598	COLOUR ROOF (INDIA) LIMITED	Whole-time director	01/04/2012	18/11/2004	Active	NO
3	U34300MH1994PLC081463	KLT AUTOMOTIVE AND TUBULAR PRODUCTS LIMITED	Director	29/09/2012	30/09/2005	Active	NO
4	U27100MH2011PTC220698	METCRAFT STEEL PRIVATE LIMITED	Director	08/08/2011	08/08/2011	Active	NO

Name :

Jubin Kishore Thakkar

Designation :

Managing Director

Address :

143, 14th Floor, Vasukamal Tower C.H.S. Limited, Devidas Ext. Road, Borivali (West), Mumbai - 400103, Maharashtra, India

Date of Birth/Age :

12.09.1970

Qualification :

CA

Date of Appointment :

01.04.2012

PAN No.:

AACPT3129P

DIN No.:

00001822

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	U27107MH1990PTC054868	THAKKARSONS ROLL FORMING PRIVATE LIMITED	Director	04/01/1990	04/01/1990	-	Active	NO
2	U99999MH1993PLC075333	PRE-FAB DWELLING (INDIA) LIMITED.	Director	26/11/1993	26/11/1993	19/12/2013	Active	NO
3	U34300MH1994PLC081463	KLT AUTOMOTIVE AND TUBULAR PRODUCTS LIMITED	Whole-time director	01/04/2012	26/09/1994	-	Active	NO
4	U01100MH1996PLC101505	KLT AGRO FOODS LIMITED	Director	31/07/1996	31/07/1996	-	Active	NO
5	U99999MH1996PTC102829	THAKKARSONS METAL PROCESSORS PRIVATE LIMITED	Director	25/09/1996	25/09/1996	-	Active	NO
6	U28113MH1997PLC106347	THAKKARSONS METFORM (INDIA) LIMITED	Director	05/03/1997	05/03/1997	-	Active	NO
7	U27200MH2000PLC126598	COLOUR ROOF (INDIA) LIMITED	Managing director	01/04/2012	17/05/2000	-	Active	NO
8	U28111MH2002PTC135422	METAL ROOFING CONTRACTORS (INDIA) PRIVATE LIMITED	Director	05/04/2002	05/04/2002	-	Active	NO
9	U72900MH2000PTC129911	BORAL INFOTECH PRIVATE LIMITED	Director	22/09/2006	14/09/2006	16/03/2015	Active	NO
10	U51101MH2000PTC129498	TANJORE TRADEPLACE PRIVATE LIMITED	Director	22/09/2006	14/09/2006	19/12/2013	Active	NO
11	U51900MH1994PTC076742	TRIPURI TRADERS PRIVATE LIMITED	Director	22/09/2006	14/09/2006	19/12/2013	Active	NO
12	U72900MH2000PTC129906	AMZEL INFOTECH PRIVATE LIMITED	Director	22/09/2006	14/09/2006	16/03/2015	Active	NO
13	U51900MH2000PTC126423	SANTOOR IMPEX PRIVATE LIMITED	Director	22/09/2006	14/09/2006	19/12/2013	Active	NO
14	U27310DL2006PTC155632	KLT PRE-FINISH STEELS PRIVATE LIMITED	Director	17/11/2006	17/11/2006	-	Strike off	NO

Name :

Senthilarumugam Thiruvadi

Designation :

Nominee Director

Address :

A3, 313 Sneha Apartment Godavari Block, National Games Village, Koramangala, Bangalore - 560047, Karnataka, India

Date of Birth/Age :

23.02.1956

Qualification :

BE, MBA, CAIIB

Date of Appointment :

24.02.2011

DIN No.:

03431263

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	U85110KA1995PLC017248	CANBANK VENTURE CAPITAL FUND LIMITED	Managing director	18/02/2014	18/02/2011	-	Active	NO
2	U27200MH2000PLC126598	COLOUR ROOF (INDIA) LIMITED	Nominee director	24/02/2011	24/02/2011	-	Active	NO
3	U31108DL2006PTC152517	ASIATIC ELECTRICAL AND SWITCHGEAR PRIVATE LIMITED	Nominee director	24/02/2011	24/02/2011	09/04/2012	Active	NO
4	U24299KL1994PLC007681	MERCHEM LIMITED	Nominee director	24/02/2011	24/02/2011	24/05/2012	Active	NO
5	U72200KA2001PTC028959	VINYAS INNOVATIVE TECHNOLOGIES PRIVATE LIMITED	Nominee director	20/08/2011	20/08/2011	-	Active	NO
6	U27100GJ1990PTC013398	RAVI TECHNOFORGE PRIVATE LIMITED	Nominee director	27/12/2011	27/12/2011	-	Active	NO
7	U85110AS1985PLC002447	G N R C LIMITED	Nominee director	22/05/2012	22/05/2012	-	Active	NO
8	U18101KA2002PLC030185	SCOTTS GARMENTS LIMITED	Nominee director	08/12/2012	08/12/2012	-	Active	NO
9	U13101GJ1994PLC067515	ASHAPURA GARMENTS LIMITED	Nominee director	20/12/2012	20/12/2012	-	Active	NO
10	L74140PN1982PLC026933	MITCON CONSULTANCY AND ENGINEERING SERVICES LIMITED	Director	11/08/2014	27/03/2014	-	Active	NO
11	U21010MH2005PLC153451	GAYATRISHAKTI PAPER &ANDBOARDS LIMITED	Nominee director	07/04/2014	29/03/2014	-	Active	NO
12	U29299PN2007PLC130488	ANAND TEKNOW AIDS ENGINEERING INDIA LIMITED	Nominee director	31/12/2014	31/12/2014	-	Active	NO
13	U72200MH2005PTC155433	ESDS SOFTWARE SOLUTION PRIVATE LIMITED	Nominee director	04/02/2015	04/02/2015	-	Active	NO
14	U27205RJ2011PTC035257	SHERA METAL PRIVATE LIMITED	Nominee director	07/03/2015	07/03/2015	-	Active	NO
15	U31102RJ2009PTC030434	SHERA ENERGY PRIVATE LIMITED	Nominee director	07/03/2015	07/03/2015	-	Active	NO
16	U72900KA2008PTC046896	NICHEPRO TECHNOLOGIES PRIVATE LIMITED	Nominee director	13/03/2015	13/03/2015	-	Active	NO
17	U67120GJ1997PTC032649	SHIVA INDUSTRIAL SECURITY AGENCY(GUJARAT) PRIVATE LIMITED	Nominee director	27/05/2015	27/05/2015	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Hemant Kisanrao Borade
Designation :	Secretary
Address :	502, Mangal Archana, 840, Nahur Gaon, Mulund (West), Mumbai - 400080, Maharashtra, India
Date of Birth/Age :	24.09.1960
Date of Appointment :	20.11.2007
PAN No.:	ABJPB8798G

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.12.2013

Names of Shareholders	No. of Shares
Bhavin Kishore Thakkar	332520
Jubin Kishore Thakkar	722720
Sushila KishoreThakkar	256414
Manisha Bhavin Thakkar	333894
Parul Jubin Thakkar	158894
Mayank Jain	20
Anuj Bhavin Thakkar	7500
Miloni Bhavin Thakkar	7500
Viraj Jubin Thakka	7500
Sheela Thoppil	15000
Amzel Infotech Private Limited, India	1008150
Boral Infotech Private Limited, India	1215850
Tanjore Tradeplace Private Limited, India	539000
PreFab Dwelling Limited, India	620000
Santoor Impex Private Limited, India	369312
KLT Automotive and Tubular Products Limited, India	680000
Metal roofing Contrators Private Limited, India	25000
Canabk Venture Capital Fund Limited-Trustee of Canabnk Venture Capital Fund, India	2000000
Vasanti Share Brokers Limited, India	15000
GRD Capital Markets Limited, India	100000
Excel Infotech Limited, India,	1162500
Jayant N Parekh, Jt. Holder-Rupam Prakesh	50000
Sensex Marketing Private Limited, India	800000
Nishita K Shah	25000
Rajesh B Kalra	2500
Shristie Business Private Limited, India	10000
Mars Softech Private Limited, India	300000
S Karpagam Vasanthan	25000
Asha Devi Chamria	5000
Bhagwatidevi Somani	5000
Total	10799274

AS ON 30.12.2013

Equity Share Breakup	Percentage of Holding
Category
Venture capital	18.52
Bodies corporate	63.38
Directs or relatives of directors	16.92
Other top fifty shareholders	1.18
Total	100.00

BUSINESS DETAILS

Line of Business :

The Company is engaged in the Steel Business

Products :

ITC Code No.	Product Descriptions
72109090	Colour Coated coils/ Sheets/ Profiles

Brand Names :

--

Agencies Held :

--

Exports :

Not Divulged

Imports :

Not Divulged

Terms :

Not Divulged

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference:	Not Divulged
Name of the Person (Designation):	Not Divulged
Contact Number:	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 (Designation):	Not Divulged
Contact Number:	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 :

Bank Name:	Bank of India Consortium
Branch:	Andheri Corporate Banking Branch M. D. I. Building, 28, S. V. Road, Andheri (West), Mumbai - 400058, Maharashtra, 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 A/c Opening):	Not Divulged
Average Balance Maintained (Optional):	Not Divulged
Credit Facilities Enjoyed (CC/OD/Term Loan):	Not Divulged
Account Operation:	Not Divulged
Remarks:	Not Divulged

· Axis Bank Limited, Fort Branch, Universal Insurance Building, Sir P.M. Road, Mumbai - 400001, Maharashtra, India

· Barclays Bank Plc, 801/808, Ceejay House, Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai - 400018, Maharashtra, India

· State Bank of India, Industrial Finance Branch, World Trade Centre, Cuffe Parade, Mumbai - 400005, Maharashtra, India

· Corporation Bank, IFB Branch, Bharat House, Bombay Samachar Marg, fort, Mumbai – 400001, Maharashtra, India

Facilities :

SECURED LOANS	31.03.2013 (Rs. In Million)	31.03.2012 (Rs. In Million)
LONG-TERM BORROWINGS
Other Loans and Advances	0.000	0.305
SHORT TERM BORROWINGS
Working Capital Loans from Banks	428.010	476.173
Total	428.010	476.478

Banking Relations :	--
Auditors :
Name :	Surya Associates Chartered Accountants
Address :	103, Deepika, Plot No. 37, Gokhale Road, Dahanukar Wadi, Kandivali, Mumbai – 400067, Maharashtra, India
Tel. No.:	91-22-29671924 / 3648
Mobile No.:	91-9820077823
Fax No.:	91-22-29672236
E-Mail :	surya@bom5.vsnl.net
Income-tax PAN of auditor or auditor's firm :	AARFS6853Q
Subsidiaries :	CRIL Pre Finish Metals FZC
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives :	· KLT Automotive and Tubular Products Limited (CIN No.: U34300MH1994PLC081463) · Thakkarsons Roll Forming Private Limited (CIN No.: U27107MH1990PTC054868) · Metcraft Steel Private Limited (CIN No.: U27100MH2011PTC220698) · Metform Corporation · Kish Realty Private Limited (CIN No.: U70100MH2005PTC152990)

CAPITAL STRUCTURE

AS ON 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
11,000,000	Equity Shares	Rs. 10/- each	Rs. 110.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10,799,274	Equity Shares	Rs. 10/- each	Rs. 107.993 Million

FINANCIAL DATA

[all figures are in Rupees Million]

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	107.993	107.993	107.993
(b) Reserves & Surplus	198.370	205.412	203.068
(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)	306.363	313.405	311.061
(3) Non-Current Liabilities
(a) Long-term borrowings	55.943	83.546	118.441
(b) Deferred tax liabilities (Net)	2.072	4.299	3.379
(c) Other long term liabilities	491.244	488.986	55.541
(d) long-term provisions	4.872	5.118	2.624
Total Non-current Liabilities (3)	554.131	581.949	179.985
(4) Current Liabilities
(a) Short term borrowings	429.510	476.173	452.281
(b) Trade payables	446.243	499.051	791.883
(c) Other current liabilities	575.018	588.002	438.125
(d) Short-term provisions	0.798	0.626	14.717
Total Current Liabilities (4)	1451.569	1563.852	1697.006
TOTAL	2312.063	2459.206	2188.052
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	461.296	494.413	515.899
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	30.023	30.023	30.023
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	5.464	5.429	5.429
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	496.783	529.865	551.351
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1072.420	977.905	959.014
(c) Trade receivables	561.080	606.105	339.444
(d) Cash and cash equivalents	26.683	59.096	108.501
(e) Short-term loans and advances	135.884	265.416	204.553
(f) Other current assets	19.213	20.819	25.189
Total Current Assets	1815.280	1929.341	1636.701
TOTAL	2312.063	2459.206	2188.052

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	1481.012	1665.963	1378.862
		Other Income	6.898	12.960	58.344
		TOTAL (A)	1487.910	1678.923	1437.206
Less	EXPENSES
		Cost of Materials Consumed	204.781	795.135	561.292
		Purchases of Stock-in-Trade	1166.659	552.086	576.869
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(110.487)	(38.009)	(28.711)
		Employees benefits expense	63.667	68.624	54.422
		Other expenses	54.844	112.105	87.514
		TOTAL (B)	1379.464	1489.941	1251.386
	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		108.446	188.982	185.820
Less	FINANCIAL EXPENSES (D)		87.859	150.412	138.649
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		20.587	38.570	47.171
Less/ Add	DEPRECIATION/ AMORTISATION (F)		29.856	34.486	34.570
	PROFIT/(LOSS) BEFORE TAX (E-F) (G)		(9.269)	4.084	12.601
Less	TAX (H)		(2.227)	1.740	(8.129)
	PROFIT/(LOSS) AFTER TAX (G-H) (I)		(7.042)	2.344	20.730
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	31.068	269.511	201.785
	IMPORTS
		Raw Materials	17.956	85.639	141.820
		Capital Goods	5.150	4.500	0.000
	TOTAL IMPORTS		23.106	90.139	141.820
	Earnings/ (Loss) Per Share (Rs.)		(0.65)	0.22	1.92

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2013	31.03.2012	31.03.2011
Current Maturities of Long term debt	0.331	54.779	69.123
Cash generated from operations	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Net Profit Margin (PAT / Sales)	(%)	(0.48)	0.14	1.50
Operating Profit Margin (PBDIT/Sales)	(%)	7.32	11.34	13.48
Return on Total Assets (PBT/Total Assets}	(%)	(0.41)	0.17	0.58
Return on Investment (ROI) (PBT/Networth)		(0.03)	0.01	0.04
Debt Equity Ratio (Total Liability/Networth)		1.59	1.96	2.06
Current Ratio (Current Asset/Current Liability)		1.25	1.23	0.96

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	107.993	107.993	107.993
Reserves & Surplus	203.068	205.412	198.370
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	311.061	313.405	306.363
Long-term borrowings	118.441	83.546	55.943
Short term borrowings	452.281	476.173	429.510
CURRENT MATURITIES OF LONG-TERM DEBTS	69.123	54.779	0.331
Total borrowings	639.845	614.498	485.784
Debt/Equity ratio	2.057	1.961	1.586

s

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	1378.862	1665.963	1481.012
		20.822	(11.102)

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	1378.862	1665.963	1481.012
Profit	20.730	2.344	(7.042)
	1.50%	0.14%	(0.48%)

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)	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	No
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	No
35	Negative Reporting by Auditors in the Annual Report	No

LITIGATION DETAILS

HIGH COURT OF BOMBAY

CASE DETAILS

BENCH: BOMBAY

Presentation Date: 11.03.2015

Lodging No: CPL/217/2015 Filing Date: 11.03.2015 Reg. No.: CP/465/2015 Reg. Date: 27.04.2015

Petitioner: ANMOL STEEL INFRA PRIVATE LIMITED Respondent: COLOUR ROOF (INDIA) LIMITED

Petn. Adv : KEZER ABBAS KHARAWALA (I4850)

District: MUMBAI

Bench: SINGLE

Status: Pre-Admission Category: COMPANY PETITION PETITION U/SEC 433,434,439 COMPANIES ACT

Next Date: 15.06.2015 Stage: FOR ADMISSION - FRESH

[ORIGINAL SIDE MATTERS]

Coram: HON’BLE SHRI JUSTICE S. J. KATHAWALLA

Last Date : 05.05.2015 Stage: FOR ACCEPTANCE

Last Coram : HON’BLE SHRI JUSTICE S. J. KATHAWALLA

Act: Companies Act and Rules 1956 UNDER SECTION: 433 434

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10135508	17/12/2008	173,700,000.00	BANK OF INDIA CONSORTIUM	ANDHERI CORPORATE BANKING BRANCH,M. D. I. BUILDING, 28, S. V. ROAD, ANDHERI (WEST), MUMBAI - 400058, MAHARASHTRA, INDIA	A53460697
2	10120797	27/08/2008	580,000,000.00	AXIS BANK LIMITED	FORT BRANCH, UNIVERSAL INSURANCE BUILDING, SIR P. M. ROAD, MUMBAI -400001, MAHARASHTRA, INDIA	A44849875
3	10083236	08/12/2007	17,500,000.00	STATE BANK OF INDIA	INDUSTRIAL FINANCE BRANCH, WORLD TRADE CENTRE, CUFFE PARADE, MUMBAI - 400005, MAHARASHTRA, INDIA	A30270417
4	10074014	15/03/2008 *	70,000,000.00	BARCLAYS BANK PLC	801/808, CEEJAY HOUSE, SHIVSAGAR ESTATE, DR. ANNIE BESANT ROAD, WORLI, MUMBAI - 400018 , MAHARASHTRA, INDIA	A34903393
5	10018632	29/03/2014 *	1,215,400,000.00	BANK OF INDIA	ANDHERI MID CORPORATE BRANCH, 28, S.V.ROAD, FIRST FLOOR, ANDHERI (WEST), MUMBAI - 400058, MAHARASHTRA INDIA	C03714771
6	80030852	05/12/2005	60,000,000.00	BANK OF INDIA	ANDHERI CORPORATE BANKING BRANCH , S.V. ROAD ANDHERI WEST, MUMBAI - 400058, MAHARASHTRA, INDIA	-
7	80030851	13/05/2005	6,500,000.00	BANK OF INDIA	ANDHERI CORPORATE BANKING BRANCH, MDI BUILDING 1ST FLOOR S.V ROAD ANDHERI (WEST), MUMBAI - 400058, MAHARASHTRA, INDIA	-
8	90145635	10/02/2005 *	14,000,000.00	BANK OF INDIA	ANDHERI CORPORATE BANKING BRANCH, MDI BUILDING; 1ST FLOOR; 28; SV ROAD; ANDHERI (WEST), MUMBAI - 400058, MAHARA SHTRA, INDIA	-
9	90145414	23/09/2004	6,250,000.00	BANK OF INDIA	ANDHERI CORPORATE BANKING BRANCH, ANDHERI (WEST), MUMBAI - 400058, MAHARASHTRA, INDIA	-
10	90145155	27/04/2004	6,250,000.00	INDIAN BANK	TEJPAL ROAD, VILLE PARLE EAST, MUMBAI - 400057, MAHARASHTRA, INDIA	-
11	90141160	11/08/2003	105,300,000.00	BANK OF INDIA	ANDHERI CORPORATE BANKING BRANCH, ANDHERI WEST, MUMBAI - 400058, MAHARASHTRA, INDIA	-
12	90146341	17/12/2008 *	1,466,400,000.00	BANK OF INDIA CONSORTIUM	ANDHERI CORPORATE BANKING BRANCH,M. D. I. BUILDING, 28, S. V. ROAD, ANDHERI (WEST), MUMBAI - 400058, MAHARASHTRA, INDIA	A53361069
13	90144085	28/04/2004 *	70,000,000.00	INDIAN BANK	TEJPAL ROAD, VILLE PARLE EAST, MUMBAI, MAHARASHTRA, INDIA	-
14	90143409	21/05/2001	47,000,000.00	THE MAHARASHTRA STATE FINANCIAL CORPORATION	NEW EXCELSIOR BUILDING, A.K. NAYAK MARG; FORT, MUMBAI - 400001, MAHARASHTRA, INDIA	-
15	90143192	29/12/2000	58,000,000.00	BANK OF INDIA	ANDHERI CORPORATE BANKING BRANCH, ANDHER WEST, MUMBAI - 400058, MAHARASHTRA, INDIA	-

* Date of charge modification

UNSECURED LOANS

PARTICULARS	31.03.2013 (Rs. In Million)	31.03.2012 (Rs. In Million)
LONG-TERM BORROWINGS
Intercorporate Borrowing	0.000	50.000
Loans and Advances from Directors	55.943	33.241
SHORT TERM BORROWINGS
Other Loans and Advances	1.500	0.000
Total	57.443	83.241

CONTINGENT LIABILITIES:

Particulars	31.03.2013 (Rs. In Million)
Guarantees furnished by Company’s bankers on behalf of the Company	32.500

REVIEW OF OPERATIONS AND MARKETING

During the year the turnover of the Company is Rs. 1524.003 Million as compared to previous year of Rs. 1749.300 Million. The Loss after tax is Rs. 7.0000 Million as against the Profit after tax for the year 2011-2012 at Rs. 2.300 Million.

FIXED ASSETS:

·

· Land

· Building

· Plant and Equipment

· Other plant and Equipment

· Furniture and Fixtures

· Vehicles

· Office Equipment

· Other Equipment’s

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 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.63.94
UK Pound	1	Rs.98.27
Euro	1	Rs.72.37

INFORMATION DETAILS

Information Gathered by :	SUP
Analysis Done by :	DIV
Report Prepared by :	ARC

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	4
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	YES
--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		29

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.