MIRA INFORM REPORT

Report No. :	310335
Report Date :	14.03.2015

IDENTIFICATION DETAILS

Name :	BHARATHI CEMENT CORPORATION PRIVATE LIMITED [w.e.f. 01.09.2010]
Formerly Known As :	BHARATHI CEMENT CORPORATION PRIVATE LIMITED BHARATHI CEMENT CORPORATION LIMITED [w.e.f. 06.08.2008] RAGHURAM CEMENTS LIMITED [ w.e.f.08.12.2005] RAGHURAM CEMENTS PRIVATE LIMITED [w.e.f.29.11.2005] RAGHURAM CEMENTS & MINERALS PRIVATE LIMITED
Registered Office :	8-2-626, Reliance Majestic, Road No. 10, Banjara Hills, Hyderabad – 500 034, Andhra Pradesh
Country :	India
Financials (as on) :	31.12.2013
Date of Incorporation :	12.05.1999
Com. Reg. No.:	01-031682
Capital Investment / Paid-up Capital :	Rs. 791.969 Million
CIN No.: [Company Identification No.]	U26942ap1999pTc031682
TAN No.: [Tax Deduction & Collection Account No.]	Hydr04482C
PAN No.: [Permanent Account No.]	Aadcr3079g
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Cements.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (54)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 57000000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Exist
Comments :	Subject is a well-established company having fine track record. The rating reflects healthy financial risk profile supported by adequate liquidity position and decent profitability of the company. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments. The company can be considered good for 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 – December 31, 2014

Country Name	Previous Rating (30.09.2014)	Current Rating (31.12.2014)
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 31-03-2014.

LOCATIONS

Registered Office / Regional Office 1 / Corporate Office :	8-2-626, Reliance Majestic, Road No. 10, Banjara Hills, Hyderabad – 500 034, Andhra Pradesh, India
Tel. No.:	91-40-30006990/30006999
Fax No.:	91-40-30006977
E-Mail :	siva_nellai@hotmail.com vsreddy@eth.net velmurugan@sandurpower.com raghuramcements@gmail.com balajig@bharathicement.com bnreddy@bharathicement.com cs@bharathicement.com
Website :	www.bharathicement.com
Regional Office 2 :	No. 8 (Old No. 10 A), Tarapore Avenue, Off Hamington Road, 6^th Avenue, Chennai – 600 031
Tel. No.:	91-44-39101481 to 83
Fax No.:	91-44-39101484
Regional Office 3 :	901, Sai Capital, Opposite ICC Tower, Senepati Bapat Road, Shivajinagar, Pune – 411016, Maharashtra, India
Tel. No.:	91-20-41207294/5/6
Mobile No.:	91-89757-53208
Regional Office 4 :	#24, 1^st Main, Vyalikaval, Lower Palace Orchards, Bangalore – 560 003, Karnataka, India
Tel. No.:	91-80-30518700 / 30518711
Mobile No.:	91-99008-13186
Regional Office 5 :	H. No. 34/1700 – D, 2^nd Floor, PTM Chambers, Bank Junction, Edapally, Kochi – 682024, India
Tel. No.:	91-484-2341349
Mobile No.:	91-8129166077
Regional Office 6 :	Flat No : 10/786, 1^st Floor, Dambab Building, Bernard D Costa Road, NearAlcon Menezs Hospital, Margao, Goa – 40360, India
Tel. No.:	91-832-2712123
Mobile No.:	91-830881288
Factory :	Nallalingayapalli Village, Kamalapuram Mandal, Kadapa District - 516 289, Andhra Pradesh, India
Tel. No.:	91-8563-200400/ 200411
Branch Office :	Located at: Kadapa Vijayawada Tirupati Chennai Vellore Salem Coimbatore Bangalore Mysore Mangalore Bellary Hubli Madurai Trichy Cochin Gulbarga Mumbai Kolhapur Nashik Solapur Aurangabad

DIRECTORS

As on 28.03.2014

Name :

Mrs. Yeduguri Sandinti Bharathi Reddy

Designation :

Chairperson

Address :

No 3, Huda Heights, Near Lotus Pond, Road No 12, Banjara Hills, Hyderabad -

500 034, Andhra Pradesh, India

Date of Birth/Age :

09.12.1973

Date of Appointment :

26.12.2010

DIN No.:

01580536

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	U75300AP2005NPL045651	YSR FOUNDATION	Director	18/03/2005	18/03/2005	-	Active	NO
2	U07010KA2005PTC036376	BHAGAVATH SANNIDHI ESTATES PRIVATE LIMITED	Director	23/09/2005	23/09/2005	-	Active	NO
3	U70200KA2004PTC034777	SILICON BUILDERS PRIVATE LIMITED	Director	16/12/2005	16/12/2005	-	Active	NO
4	U70200KA2004PTC034776	SILICON INFRASTRUCTURE PRIVATE LIMITED	Director	16/12/2005	16/12/2005	-	Active	NO
5	U45200KA2006SGC039977	SHALOM INFRASTRUCTURE PRIVATE LIMITED	Director	18/07/2006	18/07/2006	-	Active	NO
6	U04520KA1988PTC009606	CLASSIC REALTY PRIVATE LIMITED	Director	28/09/2012	01/11/2006	-	Active	NO
7	U45203KA2007PTC041512	NIVISH INFRASTRUCTURE PRIVATE LIMITED	Director	18/01/2007	18/01/2007	-	Active	NO
8	U55101KA2007PTC041511	INSPIRE HOTELS PRIVATE LIMITED	Director	18/01/2007	18/01/2007	-	Active	NO
9	U45200KA2007PTC041513	HARISH INFRASTRUCTURE PRIVATE LIMITED	Director	18/01/2007	18/01/2007	-	Active	NO
10	U85110KA1998PLC024355	SANDUR POWER COMPANY LIMITED	Director	01/12/2010	02/05/2010	-	Active	NO
11	U26942AP1999PTC031682	BHARATHI CEMENT CORPORATION PRIVATE LIMITED	Director	26/12/2010	26/12/2010	-	Active	NO
12	U85110KA2005PTC037807	CARMEL ASIA HOLDINGS PRIVATE LIMITED	Director	28/09/2011	03/01/2011	-	Active	NO
13	U01119TN1994PTC027017	KEALAWN TECHNOLOGIES PRIVATE LIMITED	Additional director	04/01/2011	04/01/2011	-	Active	NO
14	U22212AP2006PLC051651	JAGATI PUBLICATIONS LIMITED	Director	26/09/2011	01/02/2011	-	Active	NO
15	U32101AP2005PLC045392	INDIRA TELEVISION LIMITED	Director	05/09/2011	01/02/2011	-	Active	NO
16	U40109AP1999PTC031428	SARASWATI POWER AND INDUSTRIES PRIVATE LIMITED	Director	15/02/2011	15/02/2011	-	Active	NO

Name :

Mr. Anoop Kumar Saxena

Designation :

Managing Director

Address :

F. No : 301, Manbhum Ganesh, 10-3-7/1, East Mareedpally, Secunderabad – 500 026, Andhra Pradesh, India

Date of Birth/Age :

02.06.1962

Date of Appointment :

08.11.2013

DIN No.:

05224993

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	U26941AP2008FTC060595	VICAT SAGAR CEMENT PRIVATE LIMITED	Director	08/11/2013	17/02/2012	-	Active	NO
2	U40108AP2010PTC071687	GULBARGA POWER PRIVATE LIMITED	Director	03/04/2013	01/01/2013	-	Active	NO
3	U26942AP1999PTC031682	BHARATHI CEMENT CORPORATION PRIVATE LIMITED	Director	08/11/2013	01/01/2013	-	Active	NO

Name :

Mr. Jacques Marie Merceron Vicat

Designation :

Director

Address :

188 Avenue Victor Hugo, Paris, 75116, France

Date of Birth/Age :

22.03.1938

Date of Appointment :

30.04.2010

DIN No.:

02218443

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	U26941AP2008FTC060595	VICAT SAGAR CEMENT PRIVATE LIMITED	Director	12/08/2008	12/08/2008	-	Active	NO
2	U26942AP1999PTC031682	BHARATHI CEMENT CORPORATION Private Limited	Director	30/04/2010	30/04/2010	-	Active	NO

Name :

Mr. Guy Dominique Louis Sidos

Designation :

Director

Address :

18, Boulevard Des Belges, 69006 Lyon 06, France

Date of Birth/Age :

13.09.1963

Date of Appointment :

30.04.2010

DIN No.:

02262974

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	U26941AP2008FTC060595	VICAT SAGAR CEMENT PRIVATE LIMITED	Director	19/09/2008	19/09/2008	-	Active	NO
2	U26942AP1999PTC031682	BHARATHI CEMENT CORPORATION Private Limited	Director	30/04/2010	30/04/2010	-	Active	NO

Name :

Mr. Harish Channa Veerappa Kamarthy

Designation :

Whole-time director

Address :

8-2-603/2/M, Near Masjid, Road No 10, Banjara Hills, Hyderabad – 500 034, Andhra Pradesh, India

Date of Birth/Age :

27.11.1968

Date of Appointment :

17.03.2009

DIN No.:

01578833

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	U74210AP1982PTC003488	MAHA PRO TECH PRIVATE LIMITED	Director	09/09/1996	09/09/1996	-	Active	NO
2	U01110AP1996PTC023220	SUBHASANA GREENFIELDS PRIVATE LIMITED	Director	11/07/1997	11/07/1997	-	Active	NO
3	U85110KA1998PLC024355	SANDUR POWER COMPANY LIMITED	Director	01/10/2009	16/06/2001	01/02/2011	Active	NO
4	U75300AP2005NPL045651	YSR FOUNDATION	Director	18/03/2005	18/03/2005	-	Active	NO
5	U70200KA2004PTC034777	SILICON BUILDERS PRIVATE LIMITED	Director	16/12/2005	16/12/2005	01/02/2011	Active	NO
6	U70200KA2004PTC034776	SILICON INFRASTRUCTURE PRIVATE LIMITED	Director	16/12/2005	16/12/2005	01/02/2011	Active	NO
7	U07010KA2005PTC036376	BHAGAVATH SANNIDHI ESTATES PRIVATE LIMITED	Director	16/12/2005	16/12/2005	01/02/2011	Active	NO
8	U45200KA2006SGC039977	SHALOM INFRASTRUCTURE PRIVATE LIMITED	Director	18/07/2006	18/07/2006	01/05/2009	Active	NO
9	U04520KA1988PTC009606	CLASSIC REALTY PRIVATE LIMITED	Director	06/09/2006	06/09/2006	22/03/2010	Active	NO
10	U45201KA2006PTC038342	MARVEL INFRASTRUCTURE PRIVATE LIMITED	Director	11/09/2006	11/09/2006	-	Active	NO
11	U45202KA2006PTC040786	JANANI INFRASTRUCTURE PRIVATE LIMITED	Director	26/10/2006	26/10/2006	01/02/2011	Active	NO
12	U22212AP2006PLC051651	JAGATI PUBLICATIONS LIMITED	Director	14/11/2006	14/11/2006	01/02/2011	Active	NO
13	U55101KA2007PTC041511	INSPIRE HOTELS PRIVATE LIMITED	Director	18/01/2007	18/01/2007	01/02/2011	Active	NO
14	U45203KA2007PTC041512	NIVISH INFRASTRUCTURE PRIVATE LIMITED	Director	18/01/2007	18/01/2007	01/02/2011	Active	NO
15	U45200KA2007PTC041513	HARISH INFRASTRUCTURE PRIVATE LIMITED	Director	18/01/2007	18/01/2007	01/02/2011	Active	NO
16	U45203KA2007PTC042980	CAPSTONE INFRASTRUCTURE PRIVATE LIMITED	Director	01/06/2007	01/06/2007	-	Active	NO
17	U26942AP1999PTC031682	BHARATHI CEMENT CORPORATION Private Limited	Whole-time director	01/05/2010	01/12/2007	-	Active	NO
18	U14102KA2008PTC046545	SRI MANJUNATHA STONES PRIVATE LIMITED	Director	23/05/2008	23/05/2008	-	Active	NO
19	U14102KA2008PTC046544	MINES AND ROCK PRODUCTS (INDIA) PRIVATE LIMITED	Director	23/05/2008	23/05/2008	-	Active	NO
20	U74899DL2005PTC143046	HIMURJA INFRA PRIVATE LIMITED	Additional director	25/07/2008	25/07/2008	-	Active	NO
21	U60231AP2008PTC060374	RADIAL LOGISTICS PRIVATE LIMITED	Director	30/07/2008	30/07/2008	-	Strike off	NO
22	U26940AP2008PTC060658	INFRATECH CEMENTS (INDIA) PRIVATE LIMITED	Director	21/08/2008	21/08/2008	-	Active	NO
23	U25209AP2009PTC062486	BHARATHI POLYMERS INDIA PRIVATE LIMITED	Director	07/01/2009	07/01/2009	23/11/2010	Active	NO
24	U40102AP2009PTC063062	BHARATHI POWER CORPORATION PRIVATE LIMITED	Director	17/03/2009	17/03/2009	01/02/2011	Active	NO
25	U14200KA2008PTC047222	NAREN ROCKS AND MINES PRIVATE LIMITED	Director	21/01/2014	21/01/2014	-	Active	NO

Name :

Mr. Jella Jagan Mohan Reddy

Designation :

Whole-time director

Address :

Nadikota, Raveendra Nagar, Cuddapah - 500001, Andhra Pradesh, India

Date of Birth/Age :

15.06.1971

Date of Appointment :

01.05.2010

DIN No.:

00504212

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	U40109AP1999PTC031428	SARASWATI POWER AND INDUSTRIES PRIVATE LIMITED	Director	22/10/2001	22/10/2001	-	Active	NO
2	U85110KA1998PLC024355	SANDUR POWER COMPANY LIMITED	Director	01/10/2009	22/10/2001	01/02/2011	Active	NO
3	U75300AP2005NPL045651	YSR FOUNDATION	Director	18/03/2005	18/03/2005	-	Active	NO
4	U25209AP2005PTC047633	COROMANDEL PACKAGING PRIVATE LIMITED	Director	30/09/2005	30/09/2005	15/03/2011	Active	NO
5	U26942AP1999PTC031682	BHARATHI CEMENT CORPORATION PRIVATE LIMITED	Whole-time director	01/05/2010	16/01/2006	-	Active	NO
6	U22212AP2006PLC051651	JAGATI PUBLICATIONS LIMITED	Director	14/11/2006	14/11/2006	01/02/2011	Active	NO
7	U45203KA2008PTC046101	REVAN INFRA PRIVATE LIMITED	Director	16/04/2008	16/04/2008	-	Active	NO
8	U45200KA2008PTC046100	RUDH INFRA PRIVATE LIMITED	Director	16/04/2008	16/04/2008	-	Active	NO
9	U74899DL2005PTC143046	HIMURJA INFRA PRIVATE LIMITED	Additional director	25/07/2008	25/07/2008	-	Active	NO
10	U26940AP2008PTC060658	INFRATECH CEMENTS (INDIA) PRIVATE LIMITED	Director	21/08/2008	21/08/2008	-	Active	NO
11	U25209AP2009PTC062486	BHARATHI POLYMERS INDIA PRIVATE LIMITED	Director	07/01/2009	07/01/2009	23/11/2010	Active	NO
12	U40102AP2009PTC063062	BHARATHI POWER CORPORATION PRIVATE LIMITED	Director	17/03/2009	17/03/2009	-	Active	NO
13	U74120DL2009PTC194472	COHERENT INDUSTRIES INDIA PRIVATE LIMITED	Director	18/09/2009	18/09/2009	-	Active	NO
14	U74120DL2009PTC194470	MANIFEST ENTERPRISES PRIVATE LIMITED	Director	18/09/2009	18/09/2009	-	Active	NO

Name :

Mr. Ravinder Reddy Madadi

Designation :

Whole-time director

Address :

H No: 8-3-222/1/4, Flat No: 402, Woodswale Apatment, Madhura Nagar, Hyderabad – 500 038, Andhra Pradesh, India

Date of Birth/Age :

27.05.1961

Date of Appointment :

01.09.2008

DIN No.:

02332339

Name :

Mr. Balaji Govindappa

Designation :

Whole-time director

Address :

Flot No. 101, North Block, Mch No. 8-2-624/A/B/1, Road No. 11, Banjarahills, Hyderabad – 500034, India

Date of Birth/Age :

10.07.1964

Date of Appointment :

01.05.2010

DIN No.:

02513998

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	U26942TG1999PTC031682	BHARATHI CEMENT CORPORATION Private Limited	Whole-time director	01-05-2010	30-04-2010	-	Active	NO
2	U25209TG2009PTC062486	BHARATHI POLYMERS INDIA PRIVATE LIMITED	Additional director	23-06-2014	23-06-2014	-	Active	NO

Name :

Mr. Oberle Markus

Designation :

Whole – time Director

Address :

Hirserenrain 8, 6052, Hergiswill, Switzerland, 6052, Switzerland

Date of Birth/Age :

14.05.1952

Date of Appointment :

08.02.2014

DIN No.:

03065922

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	U26942TG1999PTC031682	BHARATHI CEMENT CORPORATION Private Limited	Whole-time director	08-02-2014	03-09-2010	-	Active	NO
2	U26941TG2008FTC060595	VICAT SAGAR CEMENT PRIVATE LIMITED	Director	26-06-2014	04-09-2010	-	Active	NO
3	U40108TG2010PTC071687	GULBARGA POWER PRIVATE LIMITED	Director	12-06-2014	08-02-2014	-	Active	NO

Name :

Mrs. Sophie Sidos

Designation :

Director

Address :

18, Boulevard Des Belges, 69006 Lyon 06, France, 69006

Date of Birth/Age :

13.09.1963

Date of Appointment :

08.05.2013

DIN No.:

06546789

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	U26941TG2008FTC060595	VICAT SAGAR CEMENT PRIVATE LIMITED	Alternate director	11-02-2015	08-05-2013	-	Active	NO
2	U26942TG1999PTC031682	BHARATHI CEMENT CORPORATION Private Limited	Director	08-05-2013	08-05-2013	-	Active	NO

Name :

Mr. Hugues Chomel

Designation :

Director

Address :

16, Rue Garnier, Neuilly, Sur Seine, 92200

Date of Birth/Age :

11.07.1961

Date of Appointment :

07.03.2014

DIN No.:

06833276

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	U26942TG1999PTC031682	BHARATHI CEMENT CORPORATION Private Limited	Director	07-03-2014	07-03-2014	-	Active	NO
2	U26941TG2008FTC060595	VICAT SAGAR CEMENT PRIVATE LIMITED	Alternate director	11-02-2015	11-03-2014	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Nageswara Reddy Bommavaram
Designation :	Secretary
Address :	Plot No. 25 and 26, Balaji Swanapuri Colony, Mothi Nagar, Hyderbad – 500018, India
Date of Birth/Age :	15.08.1979
Date of Appointment :	01.07.2011
PAN No.:	AIIPB5795P

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 28.03.2014

Names of Shareholders	No. of Shares
YS Jagan Mohan Reddy	23806435
Parficim SAS, France	40390405
Silicon Builders Private Limited, India	15000000
YS Bharathi Reddy	9
Probal Bhadhuri	10
Gyanendra Kumar	10
Anuradha Mukherjee	10
Total	79196879

Equity Share Break up (Percentage of Total Equity)

As on 28.03.2014

Category	Percentage
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	51.00
Bodies corporate	18.94
Directors or relatives of Directors	30.06
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Cements.

Products :

Product Description	Item Code No. (ITC Code)
Cement	2523
Ordinary Portland Cement, Dry	25232910

Brand Names :

Not Available

Agencies Held :

Not Available

Exports :

Not Available

Imports :

Not Available

Terms :

Not Available

PRODUCTION STATUS NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

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

Customers :

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

No. of Employees :

Not Available

Bankers :

• Oriental Bank of Commerce, Plot No: 52, Road No: 5, Jubilee Hills, Hyderabad - 500033, Andhra Pradesh, India
• Oriental Bank of Commerce, Jubilee Hills, Hyderabad - 500033, Andhra Pradesh, India

Auditors :
Name :	I.V.S. and associates Chartered Accountants
Address :	Flat No. 2, 35 – 13, Tirupathi Balaji Towers, Langford Road Cross, Bangalore – 560 025, Karnataka, India
PAN N Income-tax PAN of auditor or auditor's firm :	AACFI3395Q
Memberships :	Not Available
Collaborators :	Not Available
Ultimate Holding Company :	VICAT SA, France
Fellow Subsidiary Company :	Vicat Sagar Cement Private Limited CIN No.: U26941AP2008FTC060595
Subsidiary Company :	Bharathi Polymers India Private Limited, India CIN No.: U25209AP2009PTC062486 Mines and Rock Products (India) Private Limited, India CIN No.: U14102KA2008PTC046544 Sri Manjunatha Stones Private Limited, India CIN No.: U14102KA2008PTC046545 Naren Rocks and Mines Private Limited, India CIN No.: U14200KA2008PTC047222
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives :	Jagati Publications Limited CIN No.: U22212AP2006PLC051651 Indira Television Limited CIN No.: U32101AP2005PLC045392 Exoti Cars

CAPITAL STRUCTURE

As on 31.12.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
93000000	Equity Shares	Rs.10/- each	Rs.930.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
79196879	Equity Shares	Rs.10/- each	Rs.791.969 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.12.2013	31.12.2012	31.12.2011
I.              EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	791.969	791.969	791.969
(b) Reserves & Surplus	19013.413	19491.513	18797.577
(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)	19805.382	20283.482	19589.546
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	1253.541	996.135	412.989
(c) Other long term liabilities	256.627	225.841	188.885
(d) long-term provisions	88.306	61.490	27.058
Total Non-current Liabilities (3)	1598.474	1283.466	628.932
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	493.449	555.722	519.288
(c) Other current liabilities	1558.860	1712.570	1219.874
(d) Short-term provisions	1736.128	1172.196	786.870
Total Current Liabilities (4)	3788.437	3440.488	2526.032
TOTAL	25192.293	25007.436	22744.510
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	12589.212	13009.726	11904.533
(ii) Intangible Assets	127.331	141.619	154.601
(iii) Capital work-in-progress	500.483	114.967	910.266
(iv) Intangible assets under development	0.000	2.000	0.000
(b) Non-current Investments	742.233	746.233	742.233
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	2265.557	1465.173	1175.097
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	16224.816	15479.718	14886.730
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1061.651	1376.609	1011.074
(c) Trade receivables	739.250	1237.661	588.327
(d) Cash and cash equivalents	5835.759	5541.243	5000.779
(e) Short-term loans and advances	1330.817	1372.205	1257.600
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	8967.477	9527.718	7857.780
TOTAL	25192.293	25007.436	22744.510

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.12.2013	31.12.2012	31.12.2011
	SALES
	Income	9515.600	10691.400	6506.600
	Other Income	NA	NA	NA
	TOTAL	NA	NA	NA
Less	TOTAL EXPENSES	NA	NA	NA
	PROFIT/ (LOSS) BEFORE TAX	NA	NA	NA
Less	TAX (I)	NA	NA	NA
	PROFIT/ (LOSS) AFTER TAX	377.600	1126.500	1118.000
	Earnings / (Loss) Per Share (Rs.)	4.77	14.22	NA

KEY RATIOS

PARTICULARS		31.12.2013	31.12.2012	31.12.2011
Net Profit Margin (PAT / Sales)	(%)	3.97	10.54	100.00
Debt Equity Ratio (Total Debt /Networth)		0.00	0.00	0.00
Current Ratio (Current Asset/Current Liability)		3.97	10.54	100.00

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.12.2011	31.12.2012	31.12.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	791.969	791.969	791.969
Reserves & Surplus	18797.577	19491.513	19013.413
Net worth	19589.546	20283.482	19805.382
long-term borrowings	0.000	0.000	0.000
Short term borrowings	0.000	0.000	0.000
Total borrowings	0.000	0.000	0.000
Debt/Equity ratio	0.000	0.000	0.000

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.12.2011	31.12.2012	31.12.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	6506.600	10691.400	9515.600
		64.316	-10.998

NET PROFIT MARGIN

Net Profit Margin	31.12.2011	31.12.2012	31.12.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	6506.600	10691.400	9515.600
Profit	1118.000	1126.500	377.600
	17.18%	10.54%	3.97%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	No
8]	No. of employees	No
9]	Name of person contacted	No
10]	Designation of contact person	No
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	--
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	--
22]	Litigations that the firm / promoter involved in	Yes
23]	Banking Details	Yes
24]	Banking facility details	No
25]	Conduct of the banking account	--
26]	Buyer visit details	--
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

LITIGATION DETAILS:

CASE STATUS INFORMATION SYSTEM

ARBAPPL 16 / 2015

ARBAPPLSR 1239 / 2015

CASE IS:PENDING

PETITIONER	RESPONDENT
M/S INDUSTRIAL FILTERS & FABRICS VS PRIVATE LIMITES	M/S BHARATHI CEMENT CORPORATION PRIVATE LIMITED, YSR KADAPA DIST
PET.ADV. : DEEPAK BHATTACHARJEE	RESP.ADV. :
SUBJECT: ARBITRATION APLICATION	DISTRICT:  HYDERABAD

FILING DATE: 24-02-2015 POSTING STAGE :  FOR ADMISSION

REG. DATE   : 26-02-2015 LISTING DATE :  13-03-2015 STATUS   :  NOTICES

HON'BLE JUDGE(S): HON’BLE THE CHIEF JUSTICE    

FIXED ASSETS

Tangible assets

• Land
• Building
• Plant and Machinery
• Computer
• Vehicles
• Furniture and Fixture
• Vehicles
• Motor vehicles
• Computer equipment’s

Intangible assets

• 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 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.62.67
UK Pound	1	Rs.93.16
Euro	1	Rs.66.42

INFORMATION DETAILS

Analysis Done by :	DIV
Report Prepared by :	RCH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILITY	1~10	6
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	6
--RESERVES	1~10	6
--CREDIT LINES	1~10	6
--MARGINS	-5~5	---
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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		54

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 unfavorable 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.