Beruflich Dokumente
Kultur Dokumente
Raman Uberoi
Senior Director - Ratings
ruberoi@crisil.com
Ramraj Pai
Director - SME Ratings
rpai@crisil.com
Hetal Dalal
Head - Ratings
hdalal@crisil.com
Yogesh Dixit
Head - SME Ratings
ydixit@crisil.com
Salim Yahoo
syahoo@crisil.com
Khyati Shah
khshah@crisil.com
Abhinay Jain
arjain@crisil.com
Manasi Kulkarni
mkulkarni@crisil.com
Punit Sanganeria
psanganeria@crisil.com
Reena Rodrigues
rrodrigues@crisil.com
Rohit Choudhary
rchoudhary@crisil.com
Sarita Shukla
sshukla@crisil.com
Saurabh Tikmani
stikmani@crisil.com
Sayli Wagh
swagh@crisil.com
Shahil Pari
spari@crisil.com
Tanupam Akuli
takuli@crisil.com
Foreword
Raman Uberoi
Senior Director-Ratings
Index
CRISIL rating: big benefits for small enterprises
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Park Exports
36
37
38
39
40
41
42
43
44
S. S. Engineering
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
Bank of Baroda
Bank of India
Bank of Maharashtra
Canara Bank
Central Bank of India
Corporation Bank
Dena Bank
Dhanlaxmi Bank
Federal Bank
HDFC Bank
ICICI Bank
Indian Bank
Indian Overseas Bank
UCO Bank
United Bank of India
Union Bank of India
Bank of India
Syndicate Bank
Punjab National Bank
Corporation Bank
Tamilnad Mercantile Bank
Canara Bank
Dhanlaxmi Bank
The Nainital Bank Ltd
NSIC Ltd
Kerala State Financial Corporation
Vijaya Bank
Interest rate
concessions
46%
Faster loan
processing
6%
Higher loan
amounts
20%
New loan
sanctions and
lower interest
rates
14%
For SMEs
CRISIL also offers SME Ratings to the larger domain of
SMEs, of which SEs are a subset. The SME Rating Scale is
an eight-point scale (SME 1 to SME 8) that symbolises the
rated entity's creditworthiness in relation to other SMEs.
Table 2 outlines the CRISIL SME Rating Scale and rating
definitions:
Rating Definition
SME 1
SME 2
SME 3
SME 4
SME 5
SME 6
SME 7
SME 8
Highest
High
Above Average
Average
Below Average
Inadequate
Poor
Default
For SEs
Rating methodology
Performance
Capability
High
Moderate
Low
Highest
SE 1A
SE 1B
SE 1C
High
SE 2A
SE 2B
SE 2C
Moderate
SE 3A
SE 3B
SE 3C
Weak
SE 4A
SE 4B
SE 4C
Poor
SE 5A
SE 5B
SE 5C
Business risk
Under business risk, CRISIL assesses the sustainability of
the business plan and the long-term viability of the unit.
This comprises qualitative assessments of the track record
of the business, the profile of the rated entity's customers,
relationships with customers and suppliers, and the level of
infrastructure and technology of the business.
In order to assess the SME's business risks, CRISIL contacts
the promoters of the SME to understand their business
plans and growth strategies.
Most SMEs form part of larger industries' value chains and
are usually not in direct contact with the end users.
Moreover, in most industries, the degree of competition is
high owing to factors such as the presence of a large
number of players, low capital intensity and, in some cases,
low technology levels. Hence, SMEs rarely have control
Management risk
For SMEs, management evaluation, which is typically an
evaluation of the promoters' competence, is critical to the
rating. Unlike most large corporates, which have several
layers of professional managers, performance in the case
of SMEs often depends on the entrepreneurship and
resourcefulness of the promoters.
In assessing a promoter's competence and track record as
an entrepreneur, CRISIL looks at the past performance of
the entity and group companies. This provides an insight
into the promoter's ability to successfully manage the
entity through business cycles. In addition, the entity's
ability to develop suppliers, integrate with customers, and
manage banking and labour relationships, also provide
critical inputs to the management evaluation process.
Most SMEs are managed by first-generation entrepreneurs,
whose continued presence is crucial to the very existence
of the business. CRISIL believes that factors such as the
presence of a second tier management, a formal succession
plan, and a high degree of professionalism, are vital to the
long-term sustainability of the entity. CRISIL, therefore,
critically assesses the organisational structure of the entity
and the quality of its systems and processes.
Financial risk
SMEs are typically set up as proprietorships, partnerships,
or private limited companies. SMEs that are constituted as
companies are mandated to follow accounting standards
prescribed by the Institute of Chartered Accountants of
India (ICAI) and the guidelines of the Companies Act, 1956.
CRISIL's experience suggests that entities whose financial
statements are governed by regulation are generally
st ronger in accounting quality, disclosure, and
transparency.
Rating validity
CRISIL's ratings on the SME and NSIC-CRISIL scales are
valid for a period of one year from the date of being
assigned, if no significant changes/events occur during this
period that could materially affect the business or financial
parameters of the organisation. The rating is a one-time
exercise and is not kept under surveillance. CRISIL,
however, recommends that the user of the rating seek a
review of the rating if the organisation experiences
significant changes/events during this period which could
impact the organisation or its rating. All live ratings
assigned by CRISIL in the SME space may be accessed
from CRISIL's website www.crisil.com\ratings.
35%
35%
30%
30%
% of enterprisese
% of enterprisese
25%
20%
15%
10%
5%
0%
SE SE SE SE SE SE SE SE SE SE SE SE SE SE SE
1A 1B 1C 2A 2B 2C 3A 3B 3C 4A 4B 4C 5A 5B 5C
25%
20%
15%
10%
5%
0%
Rating
Rating
2%
6%
Constitution of Enterprises
3%
1%
9%
18%
49%
23%
83%
Manufacturing
Trading
Jobwork
Greenfield projects
Services
Partnership firms
Proprietorship
Geographical Distribution
1% 4%
3%
27%
2%
7%
2%
23%
3%
4%
4%
4%
5%
5%
5%
11%
6%
11%
6%
6%
7%
Engineering
Textile and Apparel
Electronics and Electrical Equipment
Printing and Packaging
Agri-products and FMCG
Chemical
8%
Plastic and Plastic Products
Steel and Steel Products
Pharmaceuticals
Auto and Auto Ancilliary
Construction
IT and ITES
Power
Cable and Wire
Real Estate and Infrastructure
Leather and Footwear
Paper and Paper Products
Others
10%
6%
9%
8%
Maharashtra
Gujarat
Tamil Nadu
Andhra Pradesh
Punjab
West Bengal
Karnataka
Uttar Pradesh
Rajasthan
New Delhi
Orissa
Madhya Pradesh
Haryana
Chhattisgarh
Others
5%
4%
7%
2% 5%
8%
53%
10%
19%
61%
15%
0 to 10 crore
10.1 to 20 crore
30.1 to 40 crore
40.1 to 50 crore
20.1 to 30 crore
More than 50 crore
0 to 10 crore
10.1 to 20 crore
20.1 to 30 crore
30.1 to 40 crore
40.1 to 50 crore
2% 2%
22%
26%
32%
19%
22%
21%
23%
Gross losses
0.0% to 5.0%
8.1% to 12.0%
5.1% to 8.0%
Debt/equity ratio $ ^
0.00x to 0.99x
3.00x to 4.99x
1.00x to 1.99x
>=5.00x
Current ratio $
2%
22%
14%
29%
19%
12%
35%
16%
<=0.50x
0.51x to 1.00x
1.01x to 1.50x
1.51x to 2.00x
Negative networth
10
51%
<1.00x
Promoter
Not applicable
Administrative
office
20
5,000
15
4,000
3,000
10
Rating
Rs. Lakh
Fact Sheet
2,000
5
Service facility
1,000
Same as above
Key Customers
Key Suppliers
None
Experience in the
business
23 years
Industry
End-user industries
Brands
Aarvi
Certifications
and awards
Bankers
Yes Bank
Barclays Bank
Bank of Baroda
HDFC Bank
State Bank of India
Auditors
2007-08
2008-09
Leverage Analysis
3.00
2.00
Times
Nature of business
0
2006-07
1.00
0.00
Total outside liabilities/Tangible
net worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
11
Fact Sheet
Rating
NSIC-CRISIL Rating: SE 1A
Valid till September 22, 2010
Promoter
290011200062
Administrative
office
Manufacturing
facility
Same as above
79%
Key Customers
Key Suppliers
Experience in the
business
31 years
Industry
Castings/forgings
End-user industries
Brands
None
Certifications
and awards
20
3,000
15
2,000
10
1,000
Manufacturing
Rs. Lakh
Nature of business
0
2006-07
2007-08
2008-09
Leverage Analysis
12
Syndicate Bank
Auditors
Suresh E Sarode,
Chartered Accountants
3154,Khade Bazar,
Belgaum 590 002, Karnataka
2.00
Times
Bankers
2.50
1.50
1.00
0.50
0.00
31-Mar-2008
31-Mar-2009
Promoter
26/001/12/00814
Manufacturing
Key Customers
Key Suppliers
Experience in the
business
15 years
Industry
End-user industries
Brands
ALOK
Certifications
and awards
ISO 9001:2000
Bankers
HDFC Bank
Auditors
30
4,000
25
20
3,000
15
2,000
NSIC-CRISIL Rating: SE 1A
Valid till November 03, 2010
Rs. Lakh
Rating
10
1,000
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
0.50
Times
Fact Sheet
0.25
0.00
Total outside
Total debt/Tangible net worth
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
13
Promoter
KB-61/A-171/JMP/ADI 01 14
Administrative
office
Manufacturing
facility
Manufacturing
Key Customers
Key Suppliers
14
Experience in the
business
37 years
Industry
Engineering
End-user industries
Power
Brands
Asiatic
Certifications
and awards
Bankers
Canara Bank
Auditors
20
4,000
15
3,000
10
2,000
5
1,000
0
0
2006-07
2007-08
2008-09
Leverage Analysis
3.00
2.00
1.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
NSIC-CRISIL Rating: SE 1A
Valid till September 1, 2010
Rs. Lakh
Rating
Times
Fact Sheet
Fact Sheet
NSIC-CRISIL Rating: SE 1A
Valid till August 11, 2010
Promoter
Mr. S K Agrawal
080130044
Administrative
office
Manufacturing
facility
5% 5%
Bangalore, Karnataka
Key Suppliers
Experience in the
business
32 years
Industry
End-user industries
Infrastructure projects
Remedial engineering
None
Certifications
and awards
ISO 9001:2000
Bankers
Canara Bank
Auditors
Construction engineering
8,000
20
7,000
6,000
15
5,000
4,000
10
3,000
2,000
1,000
0
0
2006-07
Brands
Building
Geo-technology
Rs. Lakh
55%
30%
5%
Rating
2007-08
2008-09
Leverage Analysis
4.00
Times
3.00
2.00
1.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
15
Fact Sheet
NSIC-CRISIL Rating: SE 1A
Valid till November 29, 2010
Promoter
Mr. P P Bardeskar
Administrative
office
Manufacturing
facility
Raigad, Maharashtra
Key Customers
16
Experience in the
business
24 years
Industry
3,000
20
2,500
15
2,000
1,500
10
1,000
5
500
End-user industries
Pharmaceutical
Brands
Certifications
and awards
Bankers
Bank of India
Auditors
0
2006-07
2007-08
2008-09
Leverage Analysis
1.00
0.80
Times
Key Suppliers
Inorganic chemicals
Rs. Lakh
Nature of business
94%
Organic chemicals
Rating
0.60
0.40
0.20
0.00
Total outside liabilities/Tangible
net worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Promoter
Not applicable
Administrative
office
Manufacturing
facility
Not applicable
6,000
5,000
15
4,000
10
3,000
Rating
Rs. Lakh
Fact Sheet
2,000
5
1,000
Services
Key Customers
0
2006-07
2007-08
2008-09
Leverage Analysis
Not applicable
4.00
Experience in the
business
23 years
3.00
Industry
End-user industries
Not applicable
Brands
None
Certifications
and awards
Bankers
Bank of India
Auditors
Times
Key Suppliers
2.00
1.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
17
Promoter
27-025-1200494
Administrative
office
2,500
2,000
15
Pune (Maharashtra)
Key Customers
Rs. Lakh
Manufacturing
facility
1,500
10
1,000
5
500
0
Key Suppliers
Experience in the
business
23 years
Industry
Engineering
End-user industries
Aerospace, automotive,
construction, manufacturing,
power, railways and ship
building
Brands
FINEARC SYSTEMS
Certifications
and awards
Bankers
Bank of India
Auditors
0
2006-07
2007-08
2008-09
Leverage Analysis
3.00
2.00
Times
Rating
1.00
18
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Fact Sheet
Fact Sheet
CRISIL Rating: SME 2
Valid till November 03, 2010
Promoter
Not applicable
Administrative
office
G. S Estate, G T Road,
Dhandari Kalan,
Ludhiana 141 010, Punjab
Tel: +91 161 2511001
Fax: +91 161 2510885
Email: neeraj@gsgroupindia.com
Website: www.gsgroupindia.com
Manufacturing
facility
2%
10%
21%
26%
40%
Same as above
Machine parts
Forged parts
Trailer parts
Manufacturing
Key Customers
Experience in the
business
72 years
Industry
Auto ancilliaries
End-user industries
15
7,000
Rs. Lakh
8,000
6,000
5,000
10
4,000
3,000
2,000
1,000
0
0
2006-07
2007-08
2008-09
Leverage Analysis
Brands
None
Certifications
and awards
ISO/TS 16949:2002
(valid till February, 2011)
Bankers
Auditors
3.00
2.50
2.00
Times
Key Suppliers
20
9,000
Rating
1.50
1.00
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
19
Fact Sheet
Rating
Society
Promoter
Not applicable
Administrative
office
35
qkgecor@akgec.org
30
Same as above
25
20
1,000
Service facility
Rs. Lakh
1,500
15
10
500
Services (Education)
5
0
Key Customers
Not applicable
Key Suppliers
Not applicable
Experience in the
business
14 years
Industry
Education
End-user industries
Not applicable
Brands
None
Certifications
and awards
ISO 9001:2000
(valid till September 2012)
Bankers
Bank of Baroda
Auditors
0
2006-07
2007-08
20
2008-09
OPBDIT margin (%)
Leverage Analysis
0.60
Times
0.40
0.20
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
Rating
NSIC-CRISIL Rating: SE 1B
CRISIL SME Rating: SME 2
Valid till November 12, 2010
Promoter
27222100435
Administrative
office
Service facility
25%
Same as above
Key Customers
18 years
Industry
Computer Hardware
and software
End-user industries
Brands
TCT
Certifications
and awards
ISO 9001:2008
(valid till January, 2011)
Lenovo award for excellence
Bankers
Auditors
15
4,000
3,000
10
2,000
5
Experience in the
business
Licensed software
1,000
0
2006-07
2007-08
2008-09
Leverage Analysis
10.00
8.00
Times
Key Suppliers
Hardware
Rs. Lakh
Nature of business
60%
Fact Sheet
6.00
4.00
2.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
21
Promoter
Not applicable
Administrative
office
Janak House,
Sheikh Mistry Road,
Opposite IOC Depot, Wadala
East, Mumbai 400 037,
Maharashtra
Tel.: +91 22 2412 0171/2413 0407
Fax: +91 22 2413 9870
Email: info@janakhealthcare.com
Website: www.janakhealthcare.com
Manufacturing
facility
20
5,000
15
4,000
3,000
10
2,000
5
1,000
0.
0
2006-07
Key Customers
Key Suppliers
22
Super Castors
Tube Investment of India Ltd
Precision Steel Tubes
Experience in the
business
31 years
Industry
Hospital furniture
End-user industries
Hospitals
Brands
Janak
Certifications
and awards
ISO 14001:2004
ISO 13485:2003
ISO 9001:2000
OHSAS 18001
Bankers
HDFC Bank
Kotak Mahindra Bank
Auditors
2007-08
2008-09
Leverage Analysis
3.00
2.00
Times
Nature of business
Rating
Rs. Lakh
Fact Sheet
1.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Rating
NSIC-CRISIL Rating: SE 1A
Valid till August 13, 2010
Promoter
24/014/12/00021
Administrative
office
7%
Nature of business
Manufacturing
Key Customers
Yogi Enterprise
Sujata Pharma
Sholapurkar Distributors
Key Suppliers
37%
26%
Tablets
Capsules
Powders
Injectables
Ointment
Oral liquids
5,000
4,000
15
3,000
10
2,000
Experience in the
business
25 years
Industry
End-user industries
Brands
Leverage Analysis
2.00
1,000
Bankers
Bank of Baroda
Auditors
0
2006-07
2007-08
2008-09
3.00
Times
Certifications
and awards
5%
19%
Rs. Lakh
7%
Fact Sheet
1.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
23
Rating
NSIC-CRISIL Rating: SE 1A
Valid till: October 8, 2010
Promoter
11-07-07300/PMT/SSI
Administrative
office
50%
25%
Flow control equipments
Building products, automated teller
machine (ATM) centre, wind energy
components
Nature of business
Manufacturing
Key Customers
24
Experience in the
business
50 years
Industry
End-user industries
Multiple
Brands
JYOTI
Certifications
and awards
ISO 9001:2000
(valid till May 18, 2010)
Bankers
Auditors
4,000
20
3,000
15
2,000
10
1,000
0
2006-07
2007-08
2008-09
Leverage Analysis
1.50
1.00
Times
Key Suppliers
Rs. Lakh
Fact Sheet
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Promoter
Not applicable
Administrative
office
25
3,500
20
3,000
2,500
15
Rating
Rs. Lakh
Fact Sheet
2,000
10
1,500
1,000
500
0
0
2006-07
Key Customers
Pimpri Chinchwad
Municipal Corporation
Chennai Municipal Corporation
Reliance Industries Ltd
Key Suppliers
Experience in the
business
15 years
Industry
Engineering
End-user industries
Municipalities, cement
companies and oil refineries
Brands
None
Certifications
and awards
ISO 9001:2000
Bankers
Axis Bank
Auditors
2008-09
Leverage Analysis
6.00
5.00
4.00
Times
Nature of business
2007-08
3.00
2.00
1.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
25
Fact Sheet
Rating
Promoter
Not applicable
Administrative
office
Service facility
Pune, Maharashtra
5%
Key Customers
Experience in the
business
18 years
Industry
Agriculture products
End-user industries
Multiple
Brands
None
Certifications
and awards
ISO 9001:2000
(valid upto February 25, 2011)
Bankers
Corporation Bank
Auditors
Fruit plants
35
2,500
30
25
2,000
Rs. Lakh
Key Suppliers
95%
Ornamental flowering plants
20
%
Nature of business
1,500
15
1,000
10
500
0
2006-07
2007-08
2008-09
Leverage Analysis
Times
1.00
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
26
31-Mar-2008
31-Mar-2009
Promoter
Mr. K N K Swamy
Mr. Ashish Krishnaswamy
Not applicable
Administrative
office
20
2,500
15
2,000
1,500
10
1,000
5
500
0
0
2006-07
2007-08
Construction Services
Key Customers
Hikal Ltd
Bharti Airtel Ltd
Biocon India Ltd
Key Suppliers
Lafarge Aggregate
Ram Agencies
Venkateshwara Steel Traders
Experience in the
business
3 years
Industry
Civil construction
and engineering
End-user industries
Brands
None
Certifications
and awards
ISO 9001:2000
(valid till April 2011)
Auditors
13.00
12.00
11.00
10.00
9.00
8.00
7.00
6.00
5.00
4.00
3.00
2.00
1.00
0.00
Total outside liabilities/Tangible
net worth
31-Mar-2007
Bankers
2008-09
Leverage Analysis
Times
Nature of business
Rating
Rs. Lakh
Fact Sheet
31-Mar-2008
31-Mar-2009
Corporation Bank
P K Subramaniam & Company,
Chartered Accountants
1010, 1st Floor, 26th Main,
4th Block, Jayanagar,
Bangalore - 560041,
Karnataka
27
Rating
NSIC-CRISIL Rating: SE 1A
Valid till October 15, 2010
Promoter
112409659
Manufacturing
facility
28
30
2,000
10
Brands
Certifications
and awards
ISO 9001:2000
(valid till January 19, 2010)
ISO 14001:2004
(valid till June 17, 2011)
OHSAS 18001:2007
(valid till June 17, 2011)
Bankers
Citibank
HDFC Bank
Union Bank of India
Auditors
2008-09
Leverage Analysis
Times
End-user industries
2007-08
Key Customers
Chemicals
0
2006-07
1.00
Industry
Manufacturing
36 years
15
500
Nature of business
Experience in the
business
20
1,000
1.50
25
1,500
Key Suppliers
35
2,500
Rs. Lakh
Administrative
office
40
Fact Sheet
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Fact Sheet
Rating
Promoter
Not applicable
Administrative
office
15%
ananda.bhatta@lotuspowergear.co.in
Website: www.lppl.in
1%
1%
3%
10%
Same as above.
Nature of business
Manufacturing
Key Customers
Key Suppliers
ABB Ltd
Schneider Electric India Pvt Ltd
Steel House
25
6,000
20
5,000
15
4,000
60%
10%
Rs. Lakh
Manufacturing
facility
3,000
10
2,000
Experience in the
business
33 years
Industry
Electrical equipment
End-user industries
1,000
0
Certifications
and awards
2007-08
2008-09
Leverage Analysis
4.00
3.00
Times
Brands
0
2006-07
2.00
1.00
0.00
Bankers
Corporation Bank
Auditors
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
29
Rating
NSIC-CRISIL Rating: SE 1A
Valid till January 7, 2011
Promoter
280404981
Administrative
office
Manufacturing
facility
98%
Manufacturing
Key Customers
Key Suppliers
Rs. Lakh
4,000
20
3,000
15
2,000
10
1,000
0
2006-07
2007-08
30
Pharmaceutical intermediates
Experience in the
business
7 years
Industry
Pharmaceuticals
End-user industries
Pharmaceutical companies
4.00
Brands
None
3.00
Certifications
and awards
Fact Sheet
2008-09
Bankers
Auditors
Times
Leverage Analysis
2.00
1.00
0.00
Total outside
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Fact Sheet
Legal status
Promoter
110412077
Administrative
office
NSIC-CRISIL Rating: SE 1B
Valid till January 3, 2011
Manufacturing
facility
95%
Aurangabad, Maharashtra
Manufacturing
Key Customers
Maharaja Agencies
Bahekar & Company
Dayaram Bansilal Karnawat
8,000
Experience in the
business
17 years
Industry
Fertilisers
End-user industries
Agriculture
Brands
Maruti (Registered)
Certifications
and awards
ISO 9001:2000
Bankers
AXIS Bank
Central Bank of India
Auditors
5,000
Rs. Lakh
15
6,000
10
4,000
3,000
2,000
1,000
0
0
2006-07
2007-08
2008-09
Leverage Analysis
4.00
3.00
Times
Key Suppliers
7,000
Rating
2.00
1.00
0.00
Total outside liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
31
Fact Sheet
Rating
NSIC-CRISIL Rating: SE 1A
Valid till October 22, 2010
Promoter
190111201809
Administrative
office
Manufacturing
facility
75%
Key Customers
Key Suppliers
32
Rs. Lakh
15
4,000
3,000
5
1,000
0
Industry
3.00
End-user industries
2.00
Bankers
Auditors
2008-09
Leverage Analysis
Times
ISO 9001:2008
(valid till May 15, 2012)
2007-08
47 years
Certifications
and awards
0
2006-07
Experience in the
business
None
10
2,000
Brands
20
5,000
1.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Nature of business
Fact Sheet
Rating
NSIC-CRISIL Rating: SE 1A
Valid till October 22, 2010
Year of incorporation 1999
Legal status
Promoter
28 004 12 00498
Administrative
office
Manufacturing
facility
37%
Experience in the
business
Industry
10 years
End-user industries
Multiple
Brands
NANDAN
Certifications
and awards
Auditors
Neutraceuticals segment
Bio-fuel segment
30
9,000
25
Rs. Lakh
8,000
7,000
20
6,000
5,000
15
4,000
Key Suppliers
Bankers
63%
10
3,000
2,000
1,000
0
0
2006-07
2007-08
2008-09
Leverage Analysis
0.50
Times
Nature of business
Key Customers
0.25
0.00
Total outside liabilities/Tangible
net worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
33
Trust
Promoter
Mr. N V Hegde
Not applicable
Administrative
office
Service facility
34
Nature of business
Services
Key Customers
Not applicable
Key Suppliers
Not applicable
Experience in the
business
25 years
Industry
Education
8,000
40
7,000
35
6,000
30
5,000
25
4,000
20
3,000
15
2,000
10
1,000
0
2006-07
2007-08
Not applicable
Brands
Not applicable
Certifications
and awards
None
Bankers
Syndicate Bank
Corporation Bank
Auditors
M R Kamath,
Chartered Accountants
Car Street, Mangalore 575 001,
Karnataka
Leverage Analysis
0.80
0.60
Times
End-user industries
2008-09
0.40
0.20
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
Rating
Rs. Lakh
Fact Sheet
Promoter
112481531
Administrative
office
Manufacturing
facility
Unit - I
W-92A, MIDC, Badlapur,
Thane, Maharashtra
20
5,000
15
4,000
3,000
10
Rating
Rs. Lakh
Fact Sheet
2,000
5
1,000
Unit - II
F-24, MIDC, Badlapur,
Thane, Maharashtra
Unit - III
F-10/1, MIDC, Badlapur,
Thane, Maharashtra
Key Customers
Key Suppliers
Experience in the
business
27 years
Industry
Chemicals - Speciality
End-user industries
Pharmaceutical companies
Brands
None
Certifications
and awards
None
Bankers
Bank of Baroda
Auditors
2008-09
Leverage Analysis
4.00
3.00
Times
Manufacturing
2007-08
0
2006-07
2.00
1.00
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
35
Park Exports
Fact Sheet
Year of establishment
1980
Legal status
Proprietorship
Promoter
09 015 12 00778
Administrative office
Manufacturing facility
8,000
7,000
25
6,000
Same as above
20
5,000
15
4,000
3,000
10
2,000
5
1,000
238
Nature of business
Manufacturing
Key Customers
Key Suppliers
36
Experience in the
business
30 years
Industry
End-user industries
Footwear
Brands
None
Certifications and
awards
Bankers
Canara Bank
Auditors
0
2006-07
2007-08
2008-09
Leverage Analysis
1.25
1.00
0.75
Times
Number of employees
NSIC-CRISIL Rating: SE 1A
Valid till October 22, 2010
Rs. Lakh
Rating
0.50
0.25
0.00
31-Mar-2007
Total outside
liabilities/Tangible net
worth
31-Mar-2008
Total debt/
Tangible net worth
31-Mar-2009
Year of
incorporation
1998
Legal status
Promoter
332425547
Administrative
office
30%
Nature of
business
Manufacturing
Key Customers
Experience in the
business
11 years
Industry
Textile products
40%
30%
Children wear
4,000
20
3,000
Rs. Lakh
Number of
employees
Key Suppliers
15
2,000
10
1,000
5
0
0
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
0.50
None
Certifications and
awards
ISO 9001:2000
Social Accountability 8000:2001
(valid till June 3, 2010)
Bankers
Auditors
Mr. S. Balachandran,
Chartered Accountants
67, Vishwanathapuram,
Madurai - 625 014, Tamil Nadu
0.40
Times
Manufacturing
facility
Rating
0.30
0.20
0.10
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
37
Year of
incorporation
1990
Legal status
Promoter
Mr. M Anbukani
180811539
Administrative
office
Manufacturing
facility
Number of
employees
700
Nature of
business
Manufacturing
Key Customers
Key Suppliers
Experience in
the business
19 years
Industry
Textile products
End-user
industries
Textile
Brands
None
Certifications
and awards
30%
40%
30%
25.00
2,500
20.00
2,000
15.00
1,500
10.00
1,000
5.00
500
0.00
0
2006-07
2007-08
Bankers
Auditors
2008-09
OPBDIT margin (%)
Leverage Analysis
0.70
Times
0.60
0.50
0.4 0
0.30
0.20
0.10
0.00
Total outside
liabilities/Tangible net worth
31-Mar-2007
38
Children wear
NSIC-CRISIL Rating: SE 1A
Valid till October 13, 2010
Rs. Lakh
Rating
31-Mar-2008
Total debt/Tangible
net worth
31-Mar-2009
Year of
incorporation
1999
Legal status
Promoter
24 006 12 00672
Administrative
office
20%
45%
Nature of
business
Manufacturing
Key Customers
Experience in the
business
10 years
Industry
Engineering
End-user
industries
Oil indusries
Brands
None
Certifications
and awards
Bankers
35%
Fuel meter
Suction pump
Other components
20
15
1,000
10
45
Auditors
Gandhinagar, Gujarat
Number of
employees
Key Suppliers
Rs. Lakh
Manufacturing
facility
500
5
0
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
2.00
1.50
Times
Rating
1.00
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
39
NSIC-CRISIL Rating: SE 1A
Valid till January 12, 2011
Year of
incorporation
1993
Legal status
Promoter
Mr. V K Bhimrajka
27/026/12/0120
Administrative
office
Manufacturing
facility
Not applicable
Number of
employees
50
Nature of
business
Trading
Key Customers
50%
40%
Rubber
17 years
Industry
End-user
industries
Brands
Certifications
and awards
None
Bankers
Citibank
ABN Amro Bank
Plastic
Chemicals
7,000
6,000
15
5,000
4,000
10
3,000
2,000
1,000
0
0
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
2.50
2.00
1.50
1.00
0.50
0.00
31-Mar-2007
31-Mar-2008
Total debt/Tangible
net worth
31-Mar-2009
Rs. Lakh
Experience in
the business
Auditors
Times
Key Suppliers
40
Year of
incorporation
1981
Legal status
Promoter
Not applicable
Administrative
office
Number of
employees
264
Nature of
business
Manufacturing
Key Customers
Key Suppliers
Experience in
the business
Industry
25
4,000
20
3,000
15
2,000
10
1,000
0
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
0.75
Times
Manufacturing
facility
Rs. Lakh
Rating
0.50
0.25
0.00
Auto ancillary
Total outside
End-user
industries
Automobile industry
Brands
Posh
Certifications
and awards
ISO 14001:2004
(Valid upto May 05, 2012 )
ISO / TS 16949 - Second Edition
(Valid upto December 04, 2010)
Bankers
Auditors
31-Mar-2007
31-Mar-2008
31-Mar-2009
41
42
Rating
NSIC-CRISIL Rating: SE 1A
Valid till November 10, 2010
Year of
incorporation
2001
Legal status
Promoter
112109472
Administrative
office
Manufacturing
facility
Sangli (Maharashtra)
Number of
employees
80
Nature of
business
Manufacturing
Key Customers
ABB Ltd
Universal Cable Ltd
Areva T&D India Ltd
NCC Ltd
Larsen & Toubro Ltd
30
2,000
25
20
15
1,000
10
500
5
0
0
2006-07
2007-08
AK Industries
Darsha Polychem
Indian Metal and Alloy Pvt Ltd
Experience in
the business
8 years
Industry
End-user
industries
Brands
Certifications
and awards
Bankers
Indian Bank
Auditors
2008-09
OPBDIT margin (%)
Leverage Analysis
2.00
1.50
Times
Key Suppliers
Rs. Lakh
1,500
1.00
0.50
0.00
Total outside
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
Total debt/Tangible
net worth
31-Mar-2009
Rating
NSIC-CRISIL Rating: SE 1B
Valid till September 17, 2010
Year of
incorporation
1999
Legal status
Promoter
20700100339
Administrative
office
Akbarpur Ambedhkarnagar
(Uttar Pradesh)
Number of
employees
49
Nature of
business
Manufacturing
Key Customers
Merchant Associates
Aloke Kumar & Brothers
Aggarwal Enterprises
United Traders
75%
Refined Oil
Deoiled Cake
Solvent Oil
20
7,000
6,000
15
5,000
4,000
10
Key Suppliers
Rs. Lakh
Manufacturing
facility
3,000
2,000
Experience in
the business
10 years
Industry
End-user
industries
Brands
Certifications
and awards
ISO 9001:2000
Agmark
6.00
Bankers
4.00
Auditors
1,000
0
0
2006-07
2007-08
2008-09
Leverage Analysis
Times
5.00
3.00
2.00
1.00
0.00
Total outside
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
Total debt/Tangible
net worth
31-Mar-2009
43
Year of
incorporation
1978
Legal status
Promoter
111305882
Administrative
office
Manufacturing
facility
Number of
employees
Nature of
business
435
Manufacturing
8%
73%
Sugar mills rollers
Reshelling
Industry
Engineering
End-user
industries
6,000
44
4,000
10
3,000
2,000
1,000
0
0
2006-07
2007-08
2008-09
Leverage Analysis
4.50
4.00
3.50
3.00
2.50
2.00
1.50
None
1.00
Certifications
and awards
ISO 9001:2000
(valid till November 14, 2011)
0.00
Bankers
IDBI Bank
Bank of India
P. G. Bhagwat & Co.,
Chartered Accountants
Manoj Arcade, Guruwar Peth,
Tilakwadi, Belgaum - 590 006,
Karnataka
15
5,000
Brands
Auditors
20
7,000
Times
Experience in
the business
2%
17%
0.50
Total outside liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
Total debt/Tangible
net worth
31-Mar-2009
NSIC-CRISIL Rating: SE 1A
Valid till October 06, 2010
Rs. Lakh
Rating
S. S. Engineering
Fact Sheet
Rating
NSIC-CRISIL Rating: SE 1A
Valid till December 3, 2010
Year of
incorporation
2003
Legal status
Proprietorship
Promoter
112486021
Administrative
office
Manufacturing
facility
Number of
employees
105
Nature of
business
Manufacturing
Key Customers
10%
50%
40%
Experience in
the business
6 years
Industry
Electrical equipment
End-user
industries
Multiple
Brands
None
Certifications
and awards
ISO 9001:2000
(valid till November 10, 2011)
Bankers
Canara Bank
Auditors
25
6,000
5,000
20
4,000
15
3,000
Rs. Lakh
Satish Enterprise
Schaefer Associates
R.K. Enterprises
Hiten Electric
Abhishek Trading Corporation
10
2,000
1,000
0
0
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
3.50
3.00
2.50
Times
Key Suppliers
2.00
1.50
1.00
0.50
0.00
Total outside
Total debt/Tangible net worth
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
45
Year of
establishment
1974
Legal status
Partnership (registered)
Promoter
Mr. S. Thartius
33 00811 00023
Administrative
office
Manufacturing
facility
Number of
employees
343
Nature of
business
Key Customers
36 years
Industry
20
1,500
15
1,000
10
0
2006-07
2007-08
2008-09
Leverage Analysis
Experience in
the business
2,000
500
2.00
1.50
Times
Key Suppliers
1.00
0.50
End-user
industries
46
Brands
None
Certifications
and awards
ISO 9001:2000
(valid till September 25, 2011)
Bankers
Auditors
0.00
Total outside
Total debt/Tangible net worth
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
NSIC-CRISIL Rating: SE 1A
Valid till December 03, 2010
Rs. Lakh
Rating
1988
Legal status
Promoter
Not applicable
Administrative
office
Manufacturing
facility
Number of
employees
244
Nature of
business
Manufacturing
Key Customers
Key Suppliers
Experience in
the business
21 years
Industry
Others - Manufacturing
End-user
industries
Brands
Certifications
and awards
ISO 9001:2000
Bankers
Auditors
3%
2%
94%
8,000
7,000
25
6,000
20
5,000
15
4,000
3,000
Year of
Incorporation
Rs. Lakh
10
2,000
5
1,000
0
2006-07
2007-08
2008-09
Leverage Analysis
1.50
1.00
Times
Rating
0.50
0.00
Total outside
Total debt/Tangible net worth
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
47
Year of
incorporation
1993
Legal status
Promoter
112486569
Administrative
office
Manufacturing
facility
Number of
employees
95
Nature of
business
Manufacturing
Key Customers
ITC Ltd
Dr. Reddys Laboratories Ltd
Divis Laboratories Ltd
Key Suppliers
Rambo Metals
P S Engineering
Kumar Wires
Experience in
the business
17 years
Industry
Filters
20%
80%
Vertical, horizontal and candle filters
None
Certifications
and awards
ISO 9001:2008
(valid till December 19, 2012)
Bankers
Vijaya Bank
Auditors
20
3,000
2,500
15
2,000
10
1,500
1,000
5
500
Brands
0
2006-07
2007-08
2008-09
Leverage Analysis
3.00
2.50
2.00
1.50
1.00
0.50
0.00
Total outside liabilities/Tangible
net worth
31-Mar-2007
48
Times
End-user
industries
31-Mar-2008
NSIC-CRISIL Rating: SE 1A
Valid till October 13, 2010
Rs. Lakh
Rating
Rating
Year of
incorporation
1999
Legal status
Promoter
Not applicable
275
Nature of
business
Services
20%
50%
End-user
industries
Multiple
Industry
Brands
None
Certifications
and awards
20
3,000
15
2,500
2,000
10
Rs. Lakh
Auditors
Experience in
the business
Bankers
30%
1,500
1,000
500
0
0
2006-07
Corporation Bank
HDFC Bank
ABN AMRO Bank
Varma and Varma,
Chartered Accountants
Bangalore, Karnataka
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
5.00
4.00
3.00
Times
Key Suppliers
2.00
1.00
0.00
Total outside liabilities/Tangible net Total debt/Tangible net worth
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
49
Rating
NSIC-CRISIL Rating: SE 1A
Valid till November 17, 2010
Year of
incorporation
1982
Legal status
Proprietorship
Promoter
08/0111154/PMT/SSI
Administrative
office
Manufacturing
facility
Number of
employees
50
Nature of
business
Manufacturing
Key Customers
Key Suppliers
The firm processes paddy and sells products, such as, raw
rice, steam rice, boiled rice, and rice flour. The firm also
undertakes trading of other agricultural products, such as,
bengal gram, fried gram, gram husk, green peas, peas, dal,
moong, ragi flour, toor dal, urad dal, and wheat. The firm
has an established track record of 27 years and has a strong
presence in South India. The installed capacity is about
15,000 quintals per day and the utilisation level was about
70 per cent during 2008-09.
95%
8,000
20
7,000
6,000
15
4,000
10
Agriculture products
End-user
industries
Food
Brands
Certifications
and awards
None
Bankers
3,000
5
1,000
0
0
2006-07
2007-08
5,000
2,000
Industry
Auditors
Rs. Lakh
27 years
2008-09
OPBDIT margin (%)
Leverage Analysis
3.00
2.00
Times
Experience in
the business
Processing of paddy
1.00
0.00
Total outside
Total debt/Tangible net worth
liabilities/Tangible net worth
31-Mar-2007
50
31-Mar-2008
31-Mar-2009
Rating
NSIC-CRISIL Rating: SE 1A
Valid till September 10, 2010
Year of
incorporation
1988
Legal status
Promoter
090091202919
85
Nature of
business
Manufacturing
90%
22 years
Industry
Engineering
End-user
industries
Brands
None
Certifications
and awards
Bankers
Auditors
2,500
20
2,000
15
1,500
10
Experience in
the business
Forging ingots
Rs. Lakh
Rajendra Gears
Srinathji Ispat & Power Ltd
Baba Vishwakarma Engineering
Company Pvt Ltd
1,000
5
500
0
0
2006-07
2007-08
2008-09
Leverage Analysis
2.00
Times
Key Suppliers
Casting
1.00
0.00
Total outside liabilities/Tangible
net worth
31-Mar-2007
31-Mar-2008
Total debt/Tangible
net worth
31-Mar-2009
51
Rating
NSIC-CRISIL Rating: SE 1A
Valid till November 05, 2010
Year of
establishment
1994
Legal status
Partnership (registered)
Promoter
27 034 12 00536
Administrative
office
Number of
employees
500
Nature of
business
Manufacturing
Key Customers
10%
5%
15%
50%
20%
Axle components
Chassis components
Engine components
Gear box
Windmill components
8,000
Furnace Feeders
MPM Pvt Ltd
Sesa Industries Ltd
6,000
Rs. Lakh
Key Suppliers
7,000
15
5,000
4,000
10
Manufacturing
facility
3,000
2,000
1,000
Experience in
the business
20 years
Industry
Castings
End-user
industries
Brands
None
Certifications
and awards
0
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
2.00
1.75
1.50
Bankers
Auditors
52
Times
1.25
1.00
0.75
0.50
0.25
0.00
Total outside
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
Total debt/Tangible
net worth
31-Mar-2009
Year of
incorporation
1962
Legal status
Promoter
Not applicable
Administrative
office
Manufacturing
facility
Not applicable
Number of
employees
32
Nature of
business
Key Customers
Not applicable
Key Suppliers
Kakkar Carriers
Ashoka Carriers
Gupta Sales
Sales Trend
3,000
2,500
2,000
1,500
1,000
500
Experience in
the business
48 years
Industry
Real estate
End-user
industries
Not applicable
Brands
None
Certifications
and awards
ISO 9001:2008
Bankers
Auditors
Rs. Lakh
Rating
0
2006-07
2007-08
2008-09
Leverage Analysis
16.00
14.00
12.00
Times
10.00
8.00
6.00
4.00
2.00
0.00
Total outside
Total debt/Tangible net
liabilities/Tangible net worth
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
53
Year of
incorporation
1992
Legal status
Promoter
017227/PMT/SSI
Administrative
office
Manufacturing
facility
Number of
employees
144
Nature of
business
Manufacturing
Key Customers
Experience in
the business
17 years
Industry
End-user
industries
Brands
Certifications
and awards
25%
60%
15%
6,000
5,000
10
4,000
3,000
NSIC-CRISIL Rating: SE 1B
Valid till December 1, 2010
Rs. Lakh
Rating
2,000
1,000
0
2006-07
2007-08
Bankers
Auditors
2008-09
OPBDIT margin (%)
Leverage Analysis
7.00
6.00
5.00
Times
Key Suppliers
54
4.00
3.00
2.00
1.00
0.00
Total outside
liabilities/Tangible net worth
31-Mar-2007
31-Mar-2008
Total debt/Tangible
net worth
31-Mar-2009
Year of
establishment
1991
Legal status
Promoter
Not applicable
Administrative
office
Number of
employees
Terminal House,
Merchant Industrial Estate, Valiv,
Vasai (East),
Thane - 401 202, Maharashtra.
Gate No. 312/2, Nanekarwadi Ind.
Area, Chakan, Pune-410 501,
Maharashtra.
211
Nature of
business
Manufacturing
Key Customers
Key Suppliers
Experience in
the business
19 years
Industry
Engineering
End-user
industries
Brands
None
Certifications
and awards
Bankers
Auditors
5,000
25
4,000
20
3,000
15
2,000
10
1,000
0
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
1.25
1.00
Times
Manufacturing
facilities
Rs. Lakh
Rating
0.75
0.50
0.25
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
55
Rating
NSIC-CRISIL Rating: SE 1A
Valid till November 05, 2010
Promoter
24-019-12-02148
Administrative
office
Manufacturing
facility
30%
70%
Pipes and civil construction
Transformer tank body and wind mill components
Key Customers
Key Suppliers
56
Rs. Lakh
Nature of business
2,000
20
1,500
15
1,000
10
500
Experience in the
business
64 years
Industry
Construction - Civil
End-user industries
Brands
None
Certifications
and awards
None
Bankers
0.50
Auditors
0.00
Fact Sheet
0
2006-07
2007-08
2008-09
OPBDIT margin (%)
Leverage Analysis
2.00
Times
1.50
1.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Promoter
Not applicable
Administrative
office
Manufacturing
facility
Manufacturing
Key Customers
8,000
7,000
6,000
15
5,000
10
4,000
3,000
2,000
Key Suppliers
Garg Tubes
Brijwasi Steel
Parasnath Associates
Experience in the
business
19 years
Industry
Engineering
End-user industries
Multiple
Brands
None
Certifications
and awards
None
Bankers
Syndicate Bank
Auditors
1,000
0
0
2006-07
2007-08
2008-09
Leverage Analysis
Times
Rating
Rs. Lakh
Fact Sheet
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
57
Fact Sheet
Rating
NSIC-CRISIL Rating: SE 1A
Valid till December 17, 2010
Promoter
Administrative
office
Manufacturing
facility
25%
Jaipur (Rajasthan)
25%
Key Customers
Experience in the
business
9,000
8,000
7,000
15
6,000
5,000
10
4,000
3,000
2,000
27 years
1,000
0
Industry
Electricals
End-user industries
Power
Brands
Uttam
Certifications
and awards
Bankers
Syndicate Bank
Auditors
0
2006-07
2008-09
Leverage Analysis
5.50
5.00
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
58
2007-08
Times
Key Suppliers
Power transformers
31-Mar-2008
31-Mar-2009
Manufacturing
Rs. Lakh
Nature of business
Distribution transformers
Promoter
260102495
Administrative
office
Manufacturing
facility
5,000
4,000
15
3,000
10
2,000
5
1,000
0
2006-07
Manufacturing
Key Customers
Key Suppliers
2007-08
Rating
Rs. Lakh
Fact Sheet
2008-09
OPBDIT margin (%)
Leverage Analysis
1.50
Experience in the
business
22 years
Industry
End-user industries
Brands
HM - HDPE Drums
Certifications
and awards
ISO 9001:2000
(valid till December 2010)
Bankers
Bank of Baroda
ICICI Bank
Auditors
Times
1.00
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
59
Fact Sheet
NSIC-CRISIL Rating: SE 1A
Valid till December 15, 2010
260011100637
Administrative
office
T h e co m p a ny m a nu fa c t u r e s p o r t a bl e c a bi n s,
accommodation units, toilets units, prefab enclosers, PUF
insulated doors, rolling shutters, and metal false ceilings,
used in the infrastructure and construction industry and
also carries out their installation. The company's clientele
comprises more than 150 customers located all over India.
Windoors has an established track record of 44 years and
has reported a compound annual growth rate (CAGR) of
86.39 per cent in revenues over the past three years. The
company plans to bid for tenders in the defence sector,
which it expects will account for about 5 per cent of its
revenues over the medium term.
dodias@windoors-india.com
windoorsindia@gmail.com
Website: www.windoors-india.com
Manufacturing
facility
Number of employees 85
Manufacturing
Key Customers
60
Experience in the
business
44 years
Industry
Manufaturing/Fabrication
End-user industries
Brands
Windoors (registered)
Certifications
and awards
1,500
20
1,200
15
900
10
600
5
300
0
2006-07
2007-08
Bankers
Auditors
Kripa L Sethia,
Chartered Accountants
Vihang Residency, 203 'A' Wing,
Sector-6, Nerul,
Navi Mumbai 400 706,
Maharashtra
2008-09
OPBDIT margin (%)
Leverage Analysis
2.50
2.00
Times
Key Suppliers
Rs. Lakh
Nature of business
95%
Portable cabins
PUF insulated doors, rolling shutters and modular metal false ceilings
1.50
1.00
0.50
0.00
Total outside
liabilities/Tangible net
worth
31-Mar-2007
31-Mar-2008
31-Mar-2009
Rating
Disclaimer
CRISIL has taken due care and caution in preparing this report. Information has been
obtained by CRISIL from sources which it considers reliable. However, CRISIL does
not guarantee the accuracy, adequacy or completeness of any information, and is not
responsible for any errors in transmission; and especially states that it has no financial
liability whatsoever to the subscribers / users / transmitters / distributors of this report.
No part of this report may be reproduced in any form or any means without
permission of the publisher.
Contents may be used by news media with due credit to CRISIL.
CRISIL. All rights reserved.
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