|
|
|
MIRA INFORM REPORT
|
Report No. : |
501968 |
|
Report Date : |
06.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
TATA SONS
LIMITED |
|
|
|
|
Formerly Known
As : |
TATA SONS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Bombay House, 24, Homi Mody Street, Mumbai – 400001, Maharashtra |
|
Tel. No.: |
91-22-66658282 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
08.11.1917 |
|
|
|
|
Com. Reg. No.: |
11-000478 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 3345.900
Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U99999MH1917PLC000478 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
27AAACT4060A1ZV |
|
|
|
|
TIN No.: |
27451117771 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACT4060A |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
The company is Registered as a Core Investment Company (CIC) with Reserve Bank of India and classified as a “Systematically Important Non-Deposit Taking Core Investment Company (CIC-ND-SI)”. (Registered Activity) |
|
|
|
|
No. of Employees
: |
Information declined by the Management |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A++ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
Status : |
Excellent |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Exist |
|
|
|
|
Comments : |
TATA Sons Limited is the holding company of the Tata Group and holds
the bulk of shareholding in group companies. It was incorporated in the year
1917. About 66% of the equity capital of Tata Sons is held by trusts endowed
by members of the Tata family. The biggest two of these trusts are the Sir
Dorabji Tata Trust and Sir Ratan Tata Trust. Tata Sons is the owner of the
Tata name and the Tata trademarks, which are registered in India and several
other countries. The company is registered as a core investment company with the
Reserve Bank of India and classified as a “Systematically important
Non-Deposit Taking Core Investment Company”. While income from
dividends and profit generated on
sale of investments
constitute the principal
revenue source for
the company, it also includes royalty fees earned from
Group companies for using the Tata brand. Such fees, however, are
largely spent on promotion of the brand. Currently, Tata Sons’ equity investments are spread across seven major
industry segments and include investments in flagship companies like Tata
Consultancy Services Limited, Tata Steel Limited, Tata Power Company Limited,
Tata Motors Limited, Tata Chemicals Limited, Tata Teleservices Limited, and
Tata Global Beverages Limited, etc. For the financial year 2017, the company has achieved revenue growth
of 10.50% as compared to the previous year along with a fair profit margin of
10.54%. The sound financial risk profile of the company is marked by robust
net worth base along with strong debt protection metrics due to low debt
balance sheet profile and positive working capital. Internal accruals in FY2017 had been lower than that in FY2016 on
account of provision for reduction in value of investments and exceptional
items aggregating to INR 67,730 million,
primarily towards damages
payable to NTT
DoCoMo under contractual
obligation. The amount of
damages payable to NTT DoCoMo was deposited by Tata Sons with the Delhi High
Court in July 2016. While this led to an increase in net
debt as at
March 31, 2017,
the financial profile
of the company
remained healthy. Payment seems to be regular and as per commitment. In view of long standing and established market position, 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.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
ICRA |
|
Rating |
Long Term Loans = AAA |
|
Rating Explanation |
Highest degree of safety and Carry lowest credit risk |
|
Date |
23.03.2017 |
|
|
|
|
Rating Agency Name |
ICRA |
|
Rating |
Short Term Loans = A1+ |
|
Rating Explanation |
Very strong degree of safety and Carry lowest credit risk |
|
Date |
23.03.2017 |
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
31-03-2016.
BIFR (Board for Industrial & Financial Reconstruction) LISTING
STATUS
Subject’s name is not listed as a Sick Unit in
the publicly available BIFR (Board for Industrial & Financial
Reconstruction) list as of 06.04.2018.
IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS
Subject’s name is not listed in the publicly
available IBBI (Insolvency and Bankruptcy Board of India) list as of report
date.
INFORMATION DECLINED
MANAGEMENT NON-COOPERATIVE
[Contact No: 91-22-66658282]
LOCATIONS
|
Registered Office : |
Bombay House, 24, Homi Mody Street, Mumbai – 400001, Maharashtra,
India |
|
Tel. No.: |
91-22-66658282 |
|
Fax No.: |
91-22-66658080 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Nitin Nohria |
|
Designation : |
Director |
|
Address : |
2 Hampton Road, Lexington 024218038, United States, Lexington -
024218038 |
|
Date of Birth/Age : |
09.02.1962 |
|
Date of Appointment : |
06.09.2013 |
|
DIN No.: |
01759558 |
|
|
|
|
Name : |
Mr. Ranendra Sen |
|
Designation : |
Director |
|
Address : |
A-42, IFS Apartment, Mayur Vihar, Ph-1, Delhi - 110091, India |
|
Date of Appointment : |
31.03.2015 |
|
DIN No.: |
03043868 |
|
|
|
|
Name : |
Mr. Farida Dara Khambata |
|
Designation : |
Director |
|
Address : |
3224 R Street N.W. Washington D.C. Washington 20007 US |
|
Date of Appointment : |
31.03.2015 |
|
DIN No.: |
06954123 |
|
|
|
|
Name : |
Mr. Vijay Singh |
|
Designation : |
Director |
|
Address : |
H. No. 20, Poorvi Marg, Vasant Vihar, New Delhi – 110057, India |
|
Date of Appointment : |
17.06.2013 |
|
DIN No.: |
06610802 |
|
|
|
|
Name : |
Mr. Bhaskar Bhat |
|
Designation : |
Additional Director |
|
Address : |
No.884 Chaitanya Plot Indiranagar Ist Stage Bangalore 560038 KA IN |
|
Date of Appointment : |
16/11/2017 |
|
DIN No.: |
00148778 |
|
|
|
|
Name : |
Mr. Amit Ranbir Chandra |
|
Designation : |
Director |
|
Address : |
Flat C - 4, 3rd Floor, Palacimo CHS Bhulabhai Desai Road, Mumbai – 400026, Maharashtra, India |
|
Date of Appointment : |
26.08.2016 |
|
DIN No.: |
00009797 |
|
|
|
|
Name : |
Mr. Ajay Gopikisan Piramal |
|
Designation : |
Director |
|
Address : |
61, Piramal House, Pochkhanwala Road, Worli, Mumbai – 400018, Maharashtra, India |
|
Date of Appointment : |
25.08.2016 |
|
DIN No.: |
00028116 |
|
|
|
|
Name : |
Mr. Venu Srinivasan |
|
Designation : |
Director |
|
Address : |
3, Adyar Club Gate Road, R A Puram, Chennai – 600028, Tamilnadu, India |
|
Date of Appointment : |
25.08.2016 |
|
DIN No.: |
00051523 |
|
|
|
|
Name : |
Mr. Chandrasekaran Natarajan |
|
Designation : |
Managing Director |
|
Address : |
Flat Nos 21st N & 22nd N 21st S & 22nd S 11&12 Floor "33 South", Peddar Road (Gopalrao Deshmu KH Marg), Mumbai-400026, Maharashtra, India |
|
Date of Appointment : |
25.10.2016 |
|
DIN No.: |
00121863 |
|
|
|
|
Name : |
Ralf Dieter Speth |
|
Designation : |
Director |
|
Address : |
Kranzhornweg 5 C Raubling Na DE |
|
Date of Appointment : |
25.10.2016 |
|
DIN No.: |
03318908 |
|
|
|
|
Name : |
Mr. Saurabh Agrawal |
|
Designation : |
Wholetime Director |
|
Address : |
Flat No. 2803, Imperial Towers, BB Nakashe Marg, Tardeo, Mumbai-400034, Maharashtra, India |
|
|
13.08.1969 |
|
Date of Appointment : |
16.11.2017 |
|
DIN No.: |
02144558 |
KEY EXECUTIVES
|
Name : |
Eruch Noshir Kapadia |
|
Designation : |
Chief Financial Officer (KMP) |
|
Address : |
R/15, Cosrow Baug, 3rd Floor, Shahid Bhagtsing Road,
Colaba, Mumbai- 400039, Maharashtra, India |
|
Date of Appointment : |
26.09.2017 |
|
PAN No.: |
AADPK0833C |
|
|
|
|
Name : |
Mr. Suprakash Mukhopadhyay |
|
Designation : |
Company Secretary |
|
Address : |
Flat No.16, Dalamal Cuffe Parade,Hsg. Society Ltd., Kitridge Road,15 Cuffe Parade, Mumbai-400005, Maharashtra, India |
|
Date of Appointment : |
26.09.2017 |
|
PAN No.: |
AEZPM4911M |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2017
NOTE: SHAREHOLDING DETAILS FILE ATTACHED
AS ON: 21.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters – Others [Public Charitable Trusts] |
65.29 |
|
Public/Other than promoters – Individual/ Hindu Undivided
Family – Indian |
2.87 |
|
Public/Other than promoters - Body Corporate |
31.24 |
|
Public/Other than promoters - Others [Public Charitable
Trusts] |
0.60 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The company is Registered as a Core Investment Company (CIC) with Reserve Bank of India and classified as a “Systematically Important Non-Deposit Taking Core Investment Company (CIC-ND-SI)”. (Registered Activity) |
||||
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|
||||
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Products/ Services : |
|
||||
|
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|
||||
|
Brand Names : |
Not Available |
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|
|
|
||||
|
Agencies Held : |
Not Available |
||||
|
|
|
||||
|
Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
Not Divulged |
||||
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|
|
||||
|
Terms : |
|
||||
|
Selling : |
Not Divulged |
||||
|
|
|
||||
|
Purchasing : |
Not Divulged |
PRODUCTION STATUS: (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
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|
Customers : |
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|
||||||||||||||||||||||||
|
No. of Employees : |
Information declined by the Management |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Bankers : |
· Central Bank of India Debenture Tustees Section, Central Bank Building, 55, Mahatma Gandhi
Road, Fort, Mumbai – 400001, Maharashtra, India ·
BNP Paribas |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Facilities : |
|
|
Finance Institutions : |
· IDBI Trusteeship Services Limited Asian Building, Ground Floor, Ballard Estate, Mumbai – 400005, Maharashtra, India · Centbank Financial Services Limited |
|
|
|
|
Auditors : |
|
|
Name : |
Deloitte Haskins and Sells Chartered Accountants |
|
Address : |
India Bulls Finance Centre, 32nd Floor, Tower 3, Senapati Bapat Marg, Elphinstone West, West, Mumbai – 400013, Maharashtra, India |
|
PAN No.: |
AACFD4815A |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Related Parties
Details File Attached |
CAPITAL STRUCTURE
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3000000 |
Equity Shares |
INR 1000/- each |
INR 3000.000 Million |
|
55000000 |
Preference Shares |
INR 1000/- each |
INR 55000.000 Million |
|
|
|
|
|
|
|
Total |
|
INR 58000.000
Million |
Issued Capital:
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
404146 |
Equity Shares |
INR 1000/- each |
INR 404.146
Million |
|
3020000 |
Preference Shares |
INR 1000/- each |
INR 3020.000
Million |
|
|
Total |
|
INR 3424.146 Million |
Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
404146 |
Equity Shares |
INR 1000/- each |
INR 404.100
Million |
|
2941800 |
Preference Shares |
INR 1000/- each |
INR 2941.800
Million |
|
|
Total |
|
INR 3345.900 Million |
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
3345.900 |
42554.300 |
42079.300 |
|
(b) Reserves & Surplus |
405547.100 |
398404.300 |
374950.100 |
|
(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) |
408893.000 |
440958.600 |
417029.400 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
183588.500 |
136731.500 |
135055.500 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c)
Other long term liabilities |
698.400 |
95.000 |
113.300 |
|
(d)
long-term provisions |
543.000 |
660.000 |
677.900 |
|
Total
Non-current Liabilities (3) |
184829.900 |
137486.500 |
135846.700 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
123.200 |
122.800 |
122.800 |
|
(b)
Trade payables |
1444.500 |
2206.500 |
1008.400 |
|
(c)
Other current liabilities |
117801.800 |
27895.400 |
34803.400 |
|
(d)
Short-term provisions |
5502.900 |
6057.900 |
15399.800 |
|
Total
Current Liabilities (4) |
124872.400 |
36282.600 |
51334.400 |
|
|
|
|
|
|
TOTAL |
718595.300 |
614727.700 |
604210.500 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
1324.700 |
1343.000 |
1354.700 |
|
(ii)
Intangible Assets |
26.800 |
29.500 |
20.600 |
|
(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 |
554510.500 |
498130.400 |
456710.100 |
|
(c) Deferred tax assets
(net) |
414.800 |
494.400 |
754.900 |
|
(d) Long-term Loan
and Advances |
6721.200 |
6327.200 |
4116.300 |
|
(e)
Other Non-current assets |
0.000 |
153.600 |
0.000 |
|
Total
Non-Current Assets |
562998.000 |
506478.100 |
462956.600 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
34282.100 |
50101.900 |
27932.900 |
|
(b)
Inventories |
0.000 |
0.000 |
0.000 |
|
(c)
Trade receivables |
206.500 |
498.700 |
1514.300 |
|
(d)
Cash and cash equivalents |
25216.300 |
51426.800 |
105026.600 |
|
(e)
Short-term loans and advances |
542.500 |
732.300 |
440.600 |
|
(f)
Other current assets |
95349.900 |
5489.900 |
6339.500 |
|
Total
Current Assets |
155597.300 |
108249.600 |
141253.900 |
|
|
|
|
|
|
TOTAL |
718595.300 |
614727.700 |
604210.500 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
78165.500 |
70734.900 |
121832.400 |
|
|
|
Other Income |
21683.900 |
10305.600 |
10231.900 |
|
|
|
TOTAL |
99849.400 |
81040.500 |
132064.300 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Employees benefits expense |
1839.800 |
1798.000 |
1608.900 |
|
|
|
Other expenses |
6981.000 |
7537.100 |
5947.600 |
|
|
|
Exceptional Items |
67726.700 |
24064.300 |
15729.500 |
|
|
|
TOTAL |
76547.500 |
33399.400 |
23286.000 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
23301.900 |
47641.100 |
108778.300 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
14899.200 |
14529.300 |
15776.200 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
8402.700 |
33111.800 |
93002.100 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
82.900 |
70.200 |
89.700 |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
8319.800 |
33041.600 |
92912.400 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
79.600 |
2910.500 |
2291.900 |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
8240.200 |
30131.100 |
90620.500 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Service |
1729.700 |
1008.200 |
1454.100 |
|
|
|
Others |
0.000 |
0.000 |
948.000 |
|
|
TOTAL EARNINGS |
1729.700 |
1008.200 |
2402.100 |
|
|
|
|
|
|
|
|
|
|
Earnings/ (Loss)
Per Share (INR) |
18679.00 |
66034.00 |
215768.00 |
|
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current
Maturities of Long term debt |
|
|
|
|
Secured Non-convertible Debentures |
2250.000 |
10045.000 |
0.000 |
|
Unsecured Non-convertible Debentures |
22430.000 |
11400.000 |
27000.000 |
|
Total |
24680.000 |
21445.000 |
27000.000 |
|
|
|
|
|
|
Cash generated from operations |
NA |
71401.100 |
124633.100 |
|
|
|
|
|
|
Net Cash generated from operations |
NA |
68575.600 |
123788.600 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
0.96 |
2.57 |
4.54 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
378.53 |
141.84 |
80.45 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
17.24 |
34.71 |
79.09 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.46 |
0.32 |
0.35 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.51 |
0.36 |
0.39 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.31 |
0.08 |
0.12 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
1.56 |
3.28 |
6.90 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
10.54 |
42.60 |
74.38 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
1.15 |
4.90 |
15.00 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
2.02 |
6.83 |
21.73 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.25 |
2.98 |
2.75 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
1.25 |
2.98 |
2.75 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.57 |
0.72 |
0.69 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
62.28 |
3.72 |
3.85 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.25 |
2.98 |
2.75 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
in INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
42079.300 |
42554.300 |
3345.900 |
|
Reserves & Surplus |
374950.100 |
398404.300 |
405547.100 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
417029.400 |
440958.600 |
408893.000 |
|
|
|
|
|
|
long-term borrowings |
135055.500 |
136731.500 |
183588.500 |
|
Short term borrowings |
122.800 |
122.800 |
123.200 |
|
Current Maturities of Long
term debt |
27000.000 |
21445.000 |
24680.000 |
|
Total
borrowings |
162178.300 |
158299.300 |
208391.700 |
|
Debt/Equity
ratio |
0.389 |
0.359 |
0.510 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
121832.400 |
70734.900 |
78165.500 |
|
|
|
(41.941) |
10.505 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
121832.400 |
70734.900 |
78165.500 |
|
Profit |
90620.500 |
30131.100 |
8240.200 |
|
|
74.38% |
42.60% |
10.54% |
LEGAL CASES
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD. |
|
high court-Mumbai |
|
Case no:143. ITXA/1443/2010 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2011-10-01T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD |
|
high court-Mumbai |
|
Case no:25. ITXA/6936/2010 |
|
Case status:Pending |
|
Judge:REGISTRAR (JUDICIAL - I [WP]) |
|
Date:2012-05-07T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD. |
|
high court-Mumbai |
|
Case no:48. NMA/30/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2009-10-02T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD. |
|
high court-Mumbai |
|
Case no:47. ITXAL/2526/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2009-11-17T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD |
|
high court-Mumbai |
|
Case no:16. ITXAST/629/2010 |
|
Case status:Pending |
|
Judge:HON'BLE SHRI JUSTICE A.P. BHANGALE |
|
Date:2010-12-13T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD |
|
high court-Mumbai |
|
Case no:404. ITXAL/995/2009 |
|
Case status:Pending |
|
Judge:IST ASSTT. MASTER |
|
Date:2009-07-20T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD |
|
high court-Mumbai |
|
Case no:405. ITXAL/996/2009 |
|
Case status:Pending |
|
Judge:IST ASSTT. MASTER |
|
Date:2009-07-20T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD |
|
high court-Mumbai |
|
Case no:16. ITXAL/629/2010 |
|
Case status:Pending |
|
Judge:FIRST ASST. TO COURT RECEIVER |
|
Date:2010-12-13T00:00:00Z |
HIGH COURT
|
the commissioner of incom etax2mum VS ms tata sons ltd |
|
high court-Mumbai |
|
Case no:166. ITXA/493/2006 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2009-09-15T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCO ME TAX 2 MUMBAI VS MS TATA SONS
LTD. |
|
high court-Mumbai |
|
Case no:10. ITXAL/1199/2008 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2009-06-24T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD
FOR ADMISSION |
|
high court-Mumbai |
|
Case no:41. ITXA/6936/2010 |
|
Case status:Pending |
|
Judge:REGISTRAR(JUDICIAL II [FA]) |
|
Date:2012-06-08T00:00:00Z |
HIGH COURT
|
the commissioner of incom etax2mum VS ms tata sons ltd |
|
high court-Mumbai |
|
Case no:78. ITXA/2833/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2011-02-15T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM ETAX2MUM VS MS TATA SONS LTD |
|
high court-Mumbai |
|
Case no:86. ITXAL/970/2008 |
|
Case status:Pending |
|
Judge:MASTER & ASSTT. PROTHONOTARY (JUDL) |
|
Date:2009-06-18T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCO METAX2MUM VS MS TATA SONS LTD |
|
high court-Mumbai |
|
Case no:87. ITXAL/971/2008 |
|
Case status:Pending |
|
Judge:MASTER & ASSTT. PROTHONOTARY (JUDL) |
|
Date:2009-06-18T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCO ME TAX 2MUMBAI VS MS TATA SONS
LTD. |
|
high court-Mumbai |
|
Case no:35. ITXAL/874/2008 |
|
Case status:Pending |
|
Judge:MASTER & ASSTT. PROTHONOTARY (JUDL) |
|
Date:2009-06-18T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCO ME TAX 2MUMBAI VS MS TATA SONS
LTD.. |
|
high court-Mumbai |
|
Case no:36. ITXAL/875/2008 |
|
Case status:Pending |
|
Judge:MASTER & ASSTT. PROTHONOTARY (JUDL) |
|
Date:2009-06-18T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCO ME TAX 2MUMBAI VS MS TATA SONS
LTD.. |
|
high court-Mumbai |
|
Case no:37. ITXAL/876/2008 |
|
Case status:Pending |
|
Judge:MASTER & ASSTT. PROTHONOTARY (JUDL) |
|
Date:2009-06-18T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS MS. TATA SONS
LTD. |
|
high court-Mumbai |
|
Case no:49. NMA/31/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2009-10-02T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS MS. TATA SONS
LTD. |
|
high court-Mumbai |
|
Case no:50. NMA/32/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2009-10-02T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS MS. TATA SONS
LTD. |
|
high court-Mumbai |
|
Case no:51. NMA/33/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2009-10-02T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD
FOR HEARING |
|
high court-Mumbai |
|
Case no:905. ITXA/6936/2010 |
|
Case status:Pending |
|
Judge:HON'BLE SMT. JUSTICE R.S. DALVI |
|
Date:2012-08-08T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCO ME TAX 2MUMBAI VS MS TATA SONS
LTD.. |
|
high court-Mumbai |
|
Case no:76. ITXA/6106/2010 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2011-09-28T00:00:00Z |
HIGH COURT
|
COMMISSIONER OF INCOME TA X 2 VS MS. TATA SONS LTD. |
|
high court-Mumbai |
|
Case no:28. ITXAL/1440/2014 |
|
Case status:Pending |
|
Judge:BEFORE SHRI B. M. GORE,MASTER & REGISTRAR IN EQUITY AND |
|
Date:2014-11-20T00:00:00Z |
HIGH COURT
|
COMMISSIONER OF INCOME TA X 2 VS MS. TATA SONS LTD. |
|
high court-Mumbai |
|
Case no:31. ITXAL/1444/2014 |
|
Case status:Pending |
|
Judge:BEFORE SHRI B. M. GORE,MASTER & REGISTRAR IN EQUITY AND |
|
Date:2014-11-20T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD.
SERVICE FILED BY ADV.FOR |
|
high court-Mumbai |
|
Case no:993. ITXA/1443/2010 |
|
Case status:Pending |
|
Judge:HON'BLE SHRI JUSTICE A.M. KHANWILKARHON'BLE SHRI JUSTICE A. R. JOSHI |
|
Date:2011-07-06T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS MS TATA SONS
LTD. UMBAI |
|
high court-Mumbai |
|
Case no:102. ITXA/383/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(OS)/PROTHONOTARY & SR. MASTER |
|
Date:2009-06-17T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD
OF SERVICE FILED BY |
|
high court-Mumbai |
|
Case no:90. ITXA/6936/2010 |
|
Case status:Pending |
|
Judge:REGISTRAR (JUDICIAL - I [WP]) |
|
Date:2011-01-07T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS MS TATA SONS
LTD. MUMBAI |
|
high court-Mumbai |
|
Case no:25. ITXA/381/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(JUDICIAL II) |
|
Date:2009-04-20T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS MS TATA SONS
LTD. UMBAI |
|
high court-Mumbai |
|
Case no:26. ITXA/382/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(JUDICIAL II) |
|
Date:2009-04-20T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS MS TATA SONS
LTD. UMBAI |
|
high court-Mumbai |
|
Case no:49. ITXA/410/2009 |
|
Case status:Pending |
|
Judge:REGISTRAR(JUDICIAL II) |
|
Date:2009-04-20T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS TATA SONS LTD
OF SERVICE FILED BY FOR ADMISSION FRESH |
|
high court-Mumbai |
|
Case no:ITXA/6936/2010 |
|
Case status:Pending |
|
Judge:COMMISSIONER FOR TAKING ACCOUNT |
|
Date:2012-09-17T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCOM E TAX 2 MUMBAI VS MS TATA SONS
LTD. UMBAI INCOME TAX |
|
high court-Mumbai |
|
Case no:69. ITXA/383/2009 |
|
Case status:Pending |
|
Judge:OFFICIAL ASSIGNEE |
|
Date:2009-08-06T00:00:00Z |
HIGH COURT
|
THE COMMISSIONER OF INCO ME TAX 2 MUMBAI VS MS TATA SONS
LTD. Case No.ITA8448M2011 Assessment Year |
|
high court-Mum |
|
Case no:15. ITXA/1242/2013 |
|
Case status:Pending |
|
Judge:HON'BLE SHRI JUSTICE S.C. GUPTE |
|
Date:2015-03-24T00:00:00Z |
HIGH COURT
|
OUTLOOK PUBLISHIN INDIA PVT LTD. AND ORS VS TATA SONS LTD
AND Quashing Order Obj 1 UT given 2 The 1Sch.dt.is 12082013 |
|
high court-Mumbai |
|
Case no:WP/2195/2013 |
|
Case status:Pending |
|
Judge:REGISTRAR(JUDICIAL II [FA]) |
|
Date:2013-12-07T00:00:00Z |
HIGH COURT
|
OUTLOOK PUBLISHIN INDIA PVT LTD. AND ORS VS TATA SONS LTD
AND ANR Quashing Order Obj 1 UT given. Note 1Ld.APP Amol Doijode for R.NO.1
AdmA.N. FOR ADMISSION FRESH |
|
high court-Mumbai |
|
Case no:905. WP/2195/2013 |
|
Case status:Pending |
|
Judge:HON'BLE SMT. JUSTICE S.S. JADHAV |
|
Date:2013-08-08T00:00:00Z |
HIGH COURT
|
OUTLOOK PUBLISHIN INDIA PVT LTD. AND ORS VS TATA SONS LTD
AND ANR Quashing Order Obj 1 UT given 2 The 1Ld.APP accepts service for
R.NO.1 V.P.filed. FOR ADMISSION FRESH |
|
high court-Mumbai |
|
Case no:WP/2195/2013 |
|
Case status:Pending |
|
Judge:HON'BLE SMT. JUSTICE S.S. JADHAV |
|
Date:2013-05-08T00:00:00Z |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED |
|
high court-Delhi |
|
Case no:O.M.P.(EFA)(COMM.) 7/2016 |
|
Case status:Pending |
|
Judge:HON BLE DR. JUSTICE S. MURALIDHAR |
|
Date:2016-10-05 |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED |
|
high court-Delhi |
|
Case no:O.M.P.(EFA)(COMM.) 7/2016 I.A. 7991/2016 |
|
Case status:Pending |
|
Judge:HON BLE MR. JUSTICE MANMOHAN SINGH |
|
Date:2016-08-30 |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED |
|
high court-Delhi |
|
Case no:O.M.P.(EFA)(COMM.) 7/2016 I.A. 7991/2016 SUB. TO OFFICE OBJ. |
|
Case status:Pending |
|
Judge:HON BLE MR. JUSTICE MANMOHAN SINGH |
|
Date:16/07/13 |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED |
|
high court-Delhi |
|
Case no:O.M.P.(EFA)(COMM.) 7/2016 THROUGH OFFICE NOTING |
|
Case status:Pending |
|
Judge:HON BLE MR. JUSTICE YOGESH KHANNA |
|
Date:2017-07-20 |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED |
|
high court-Delhi |
|
Case no:O.M.P.(EFA)(COMM.) 7/2016 I.A. 14897/2016 THROUGH OFFICE NOTING |
|
Case status:Pending |
|
Judge:HON BLE MR. JUSTICE R.K.GAUBA |
|
Date:2017-01-13 |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED AKSHAY MAHAJAN RAJENDRA
BAROT V.P.SINGH ANINDITA ROYCHOWDHURY RATNADEEP ROYCHOWDHURY VATSALA RAI
ADITYA MEHTA ASHIM SOOD ABHINAV JHA SIDHARTH SHARMA C.MUKUND S.M.VIVEK ANANDH
SHAUNAK KASHYAP |
|
high court-Delhi |
|
Case no:O.M.P.(EFA)(COMM.) 7/2016 I.A. 14897/2016 I.A. 2585/2017 |
|
Case status:Pending |
|
Judge:HON BLE DR. JUSTICE S. MURALIDHAR |
|
Date:2017-04-28 |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED AKSHAY MAHAJAN
RAJENDRA BAROT V.P.SINGH ANINDITA ROYCHOWDHURY RATNADEEP ROYCHOWDHURY VATSALA
RAI ADITYA MEHTA ASHIM SOOD ABHINAV JHA SIDHARTH SHARMA C.MUKUND S.M.VIVEK
ANANDH SHAUNAK KASHYAP |
|
high court-Delhi |
|
Case no:O.M.P.(EFA)(COMM.) 7/2016 I.A. 14897/2016 I.A. 2585/2017 SHORT MATTER |
|
Case status:Pending |
|
Judge:HON BLE DR. JUSTICE S. MURALIDHAR |
|
Date:2017-04-28 |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED |
|
high court-Delhi |
|
Case no:O.M.P.(EFA)(COMM.) 7/2016 I.A. 14897/2016 THROUGH OFFICE NOTING |
|
Case status:Pending |
|
Judge:HON BLE MR. JUSTICE R.K.GAUBA |
|
Date:2017-01-12 |
HIGH COURT
|
NTT DOCOMO INC Vs. TATA SONS LIMITED |
|
high court-Delhi |
|
Case no:I.A. 2584/2017 I.A. 2585/2017 In O.M.P.(EFA)(COMM.) 7/2016 |
|
Case status:Pending |
|
Judge:HON BLE DR. JUSTICE S. MURALIDHAR |
|
Date:2017-02-28 |
HIGH COURT
|
COMMISSIONER OF INCOME TA X 2 VS MS. TATA SONS LTD.
Assessment Year 19951996. |
|
high court-Maharashtra |
|
Case no:ITXA/1461/2014 [Original] Lower Court Details : Case No.-ITA/8477/2011, Decision Dt.-14/03/2014, |
|
Case status:Pending |
|
Judge:HON'BLE SHRI JUSTICE M.S. SANKLECHA HON'BLE SHRI JUSTICE A. K. MENON |
|
Date:2017-01-27 |
HIGH COURT
|
COMMISSIONER OF INCOME TA X 2 VS MS. TATA SONS LTD. |
|
high court-Maharashtra |
|
Case no:ITXA/1827/2014 |
|
Case status:Pending |
|
Judge:HON'BLE SHRI JUSTICE M.S. SANKLECHA HON'BLE SHRI JUSTICE A. K. MENON |
|
Date:2017-02-17 |
HIGH COURT
|
COMMISSIONER OF INCOME TA X 2 VS MS. TATA SONS LTD. |
|
high court-Maharashtra |
|
Case no:ITXA/1830/2014 |
|
Case status:Pending |
|
Judge:HON'BLE SHRI JUSTICE M.S. SANKLECHA HON'BLE SHRI JUSTICE A. K. MENON |
|
Date:2017-02-17 |
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 |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
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 |
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 |
INDEX OF CHARGES
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G60257367 |
10555387 |
IDBI TRUSTEESHIP SERVICES LIMITED |
23/02/2015 |
08/09/2017 |
- |
260000000000.0 |
Asian Building, Ground Floor, Ballard EstateMumbaiMH400005IN |
|
2 |
C42451732 |
10545509 |
BNP Paribas |
02/06/2014 |
17/09/2014 |
- |
2450000.0 |
French Bank Building, 62, Homji Street, Fort,MumbaiMH400001IN |
|
3 |
C76708924 |
10457310 |
Centbank Financial Services Limited |
24/10/2013 |
21/01/2016 |
- |
100000000000.0 |
Central Bank of India-MMO Bldg, 3rd Flr (East),55 Mahatma Gandhi Road, Fort,MumbaiMH400001IN |
|
4 |
B69930063 |
10409601 |
Centbank Financial Services Limited |
18/02/2013 |
- |
- |
10000000000.0 |
CENTRALBANK MMO BLDG6TH FLOOR 55 MAHATMAGANDHI RD FORTMUMBAIMH400023IN |
|
5 |
G27912690 |
10055690 |
CENTRAL BANK OF INDIA |
24/05/2007 |
- |
29/11/2016 |
3000000000.0 |
MUMBAI MAIN OFFICE BUILDING, 6TH FLOORMAHATMA GANDHI ROADMUMBAIMH400001IN |
|
6 |
G04942777 |
10298793 |
Centbank Financial Services Limited |
22/07/2011 |
- |
19/05/2016 |
5000000000.0 |
CENTRALBANK MMO BLDG6TH FLOOR 55 MAHATMAGANDHI RD FORTMUMBAIMH400023IN |
|
7 |
C21374103 |
10055687 |
CENTRAL BANK OF INDIA |
24/05/2007 |
21/01/2014 |
25/08/2014 |
5000000000.0 |
DEBENTURE TRUSTEE SECTION, CENTRAL BANK BUILDING,55, MAHATMA GANDHI ROAD, FORT,MUMBAIMH400001IN |
|
8 |
B60074002 |
90386003 |
Standard Chartered Bank |
15/01/1980 |
18/07/1995 |
19/10/2012 |
3500000.0 |
90 M.G. ROADMUMBAIMHIN |
|
9 |
B40500969 |
90386004 |
BANK OF BARODA |
27/02/1980 |
13/01/2000 |
22/05/2012 |
4500000.0 |
OPERA HOUSE BRANCH14 M.P. MARGMUMBAIMHIN |
|
10 |
Y10514178 |
90386167 |
THE INDUSTRIAL CRDIT & INVESTMENT CORPORATION OF INDIA LTD. |
03/10/1994 |
30/09/1997 |
07/11/2002 |
500000000.0 |
163 BACKBAY RECLAMATIONMUMBAIMH400023IN |
UNSECURED LOANS
|
PARTICULARS |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
Non-convertible debentures |
101320.000 |
59350.000 |
|
Zero Coupon Debentures |
7350.000 |
0.000 |
|
Term Loans from Banks |
9718.500 |
9931.500 |
|
|
|
|
|
SHORT TERM BORROWINGS |
|
|
|
Inter Corporate Deposits |
120.500 |
120.500 |
|
Others |
2.300 |
2.300 |
|
|
|
|
|
Total |
118511.300 |
69404.300 |
BACKGROUND
The company is Registered as a Core Investment Company (CIC) with Reserve Bank of India and classified as a “Systematically Important Non-Deposit Taking Core Investment Company (CIC-ND-SI)”
FIXED ASSETS:
Tangible Assets
· Land – Freehold
· Land – Leasehold
· Building – Freehold
· Plant and Equipment
· Furniture and Fixture
· Motor Vehicle
· Office Equipment
PRESS RELEASE :
TATA POWER SELLS DEFENCE BUSINESS TO TATA SONS’ SUBSIDIARY FOR INR 22.30
BN
March 29, 2018
Private power producer Tata Power on Thursday said it has sold its defence business to Tata Sons’ subsidiary Tata Advance Systems for an enterprise value of INR 22.30 billion. The move, the company said, is part of the company’s plan to monetize its non-core assets and improve the balance sheet.
“The Board has approved the sale of its defence business to Tata Advance Systems Limited, a wholly owned subsidiary of Tata Sons at an enterprise value of INR 22.30 billion, out of which INR 10.40 billion is payable at the time of closing and INR 11.90 billion is payable on achieving certain milestones,” Tata Power said in its statement. The deal is subject to government and other approvals.
“Strategic Engineering Division (SED) is a non-core business division of Tata Power. The Company has been working on charting its next phase of growth, for which monetization of non-core assets is a critical step. This sale will also help in reduction of leverage,” said Anil Sardana, chief executive officer and managing director for Tata Power.
SED is a non-core defence electronics division of the company, engaged in business of indigenous design, development, production, integration, supply and life cycle support of mission critical defence systems. The key products include manufacturing and assembling missile launchers, electronic warfare, night vision systems and gun systems. In its statement, the company said, SED has three dedicated manufacturing units- of which Bangalore Electronic City is operational and Vemagal in Karnataka (and a SEZ near Bengaluru) are under construction.
Last week, Tata Power said it sold its stake in Panatone Finvest to Tata Sons for a value of INR 15.42 billion and also entered into a sale agreement with Panatone for sale of its stake in Tata Communications for INR 6.13 billion.
TATA SONS TO BUY OUT
6.64% STAKE OF INDIAN HOTELS FROM PROMOTER TRUST ENTITIES
March 07, 2018
The Indian Hotels Company Limited, through its filing on BSE, on March 6, 2018, said that promoter of the company, Tata Sons Limited, plans to buy 6.64% stake from other promoter trust entities.
The said trusts comprise of Sir Dorabji Tata Trust (4.22% stake), Lady Tata
Memorial Trust (1.49%) and Sir Ratan Tata Trust (0.93%).
The reason for the proposed transfer mentioned in the filing is to perform
restructuring of investment portfolio. The acquisition shall be carried out at
the prevailing market price of the stock on or before March 13, 2018.
The total holding of the promoter and promoter group will remain same after the
inter-se transfer at 39.09% of the total share capital of the company.
Tata Sons Limited, prior to this transaction, holds 29.79% stake in the
company. The shareholding of Tata Sons will increase to 36.43% post execution
of this transaction.
The stock of Indian Hotels Limited closed at a price of INR 133.75, down by
0.3%, on March 6, 2018.
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-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
|
INR |
|
US Dollar |
1 |
INR 65.06 |
|
UK Pound |
1 |
INR 91.50 |
|
Euro |
1 |
INR 79.78 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
PRY |
|
|
|
|
Report Prepared
by : |
IND |
SCORE FACTORS
|
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 |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.