crisil analysis 50 leading smes

8/17/2019 Crisil Analysis 50 Leading Smes

1/64


2/64

KEY ANALYTICAL CONTACTS

Raman Uberoi [email protected] +91 (22) 3342 3000Senior Director - Ratings

Ramraj Pai [email protected] +91 (22) 3342 3036Director - SME Ratings

Hetal Dalal [email protected] +91 (22) 3342 3023Head - Ratings

Yogesh Dixit [email protected] +91 (22) 3342 3037Head - SME Ratings

Salim Yahoo [email protected]

Khyati Shah [email protected]

Abhinay Jain [email protected]

Manasi Kulkarni [email protected]

Punit Sanganeria [email protected]

Reena Rodrigues [email protected]

Rohit Choudhary [email protected]

Sarita Shukla [email protected]

Saurabh Tikmani [email protected]

Sayli Wagh [email protected]

Shahil Pari [email protected]

Tanupam Akuli [email protected]

mailto:[email protected]:[email protected]


3/64

Foreword

CRISIL is proud to bring to you this publicat ion "Transforming potent ial into achievement: CRISIL's analysis of 50 leading

SMEs". The publication presents an overview of 50 leading SMEs rated by CRISIL and is part of our effort to showcase

fundamental ly strong enterprises which can serve as an inspirat ion for other SMEs who are looking to grow and prosper.

Recognizing the value that quality financial information and independent credit opinions could bring to SME financing,

CRISIL launched SME ratings as a unique rating product in 2005. The product was created to facilitate enhanced access to

finance, improve transparency and provide greater differentiation between SMEs of vary ing credit quality within the sector.

The response to the product has been overwhelming. CRISIL today has rated over 10000 SMEs and is presently rating more

than 600 SMEs every month. 30 banks and financial institu tions endorse CRISIL SME ratings and use them as part of their

credit evaluation processes: 13 of them providing specific interest rate concessions to enterprises with high ratings. CRISIL

SME ratings are today available in more than 120 locations across the country at an extremely competit ive rating fee.

Perhaps, most importantly, SME ratings are bringing an important structural shift in Indian credit markets by exposing

SMEs to best pract ices and standards. SMEs that have been th rough the process, have reported a deeper appreciation of the

transparency and disclosure standards that are expected of them as they scale up their business.

Our journey in understanding and evaluating 10000 SMEs has been fascinating. If there is one common thread that we have

noticed in this effort, it has been the passion, energy and entrepreneurial drive amongst the SMEs. Showcasing 50 leading

SMEs is our way of paying tribute to the spirit of our SMEs, and we hope that this will motivate thousands of others to

emulate them in their quest for success.

Let me end by acknowledging the support of Ministry of Micro, Small and Medium Enterprises, Government of India and

National Small Industries Corporation (NSIC) for promoting this concept. Their continual guidance and feedback has been

instr umental in helping us take the message of SME ratings across the country.

Raman Uberoi

Senior Director-Ratings

CRISIL SME Ratings: Helping SMEs grow

CRISIL’s analysis: 50 leading SMEs


4/64


5/64


6/64

Index

CRISIL rating: big benefits for small enterprises 5

Rating Criteria for Small and Medium Enterprises 7

Profi le of 10,000 CRISIL Rated SMEs 9

A Brief Profile of 50 Leading SMEs in India (In alphabetical order)

Aarvi Encon Private Limited 11

AKP Foundries Private Limited 12

Alok Masterbatches Limited 13

Asiatic Electrical And Switchgear Private Limited 14

BBR (India) Private Limited 15

Elppe Chemicals Private Limited 16

Express Housekeeper Private Limited 17

Finearc Systems Private Limited 18

G.S. Auto International Limited 19

Indian Institute of Management & Engineering Society 20Insight Business Machines Private limited 21

Janak Healthcare Private Limited 22

Jenburkt Pharmaceuticals Limited 23

Jyoti Plastic Works Private Limited 24

Kam-Avida Enviro Engineers Private Limited 25

KF Bioplants Pvt Ltd 26

KNK Nexgen Construction Private Limited 27

Loba Chemie Private Limited 28

Lotus Power Gear Private Limited 29

Maithri Laboratories Private Limited 30

Maruti Fertochem Limited 31

Metal Engineering and Treatment Company Private Limited 32

Nandan Biomatrix Limited 33

Nitte Education Trust 34

Omkar Speciality Chemicals Private Limited 35

Park Exports 36

Peacock Apparels Private Limited 37

Penguin Apparels Private Limited 38

Petrotec Retail Petroleum Equipment (India) Private Limited 39

Polmann India Limited 40

Poona Shims Private Limited 41

Quality Power Electrical Equipments Private Limited 42

Raghuraji Agro Industries Private Limited 43

S. B. Reshellers Private Limited 44

S. S. Engineering 45

S. Thartius Engineering Contractors 46

Shakti Met-Dor Ltd. 47

Sharplex Filters (India) Private Limited 48

Sobha Projects and Trade Private Limited 49

Sri Bhagyalakshmi Commercial Corporation 50

Srinathji Ispat Limited 51

Super Craft Foundry 52

Swatantra Land & Finance Private Limited 53

Tasty Dairy Specialities Limited 54

Terminal Technologies (India) Private Limited 55

The Spunpipe & Construction Company (Baroda) Private Limited 56

Unique Engineers Private Limited 57Uttam (Bharat) Electricals Private Limited 58

Vin Plasticizers Private Limited 59

Windoors International Limited 60



7/64

CRISIL rating: big benefits for small enterprises

5

Small and medium enterprises (SME) drive growth in a lleconomies. In India, the SME sector accounts for 90% ofindustrial enterprises, more than 40 per cent of the export s,and 8.6 per cent of the banking sys tem advances. However,the sector has often been construed as being 'high-risk',and therefore, SMEs continue to face challenges inaccessing finance. The Union government, recogn ising theneed for supporting the growth of SMEs, has directedbank s to increase lending to SMEs at competit ive rates. Forthis, the banks need to determine the creditworthiness ofSMEs, and seek a reliable and independent credit opinionto facilitate decision-making. CRISIL SME Ratings helpbank s make better-informed decis ions on lending to SMEs.Simultaneously, an increasing number of SMEs use theratings to highlight their capabilities to associates and

business partners.

CRISIL rates SMEs on a rating scale designed specially forthe sector, a scale that is different from the rating scaleused for large companies. CRISIL SME ratings reflect thecreditworth iness of SMEs in relation to other SMEs in India.The independent scale ensures that the rated SME iscompared with other SMEs, and not with much largerenterprises. CRISIL assigned its first SME rating in June2005, and, in only five years since then, has completed its10,000th rating. Currently, CRISIL's SME Ratings divis ionhas a presence in more than 120 cities across India, and hasworking arrangements with 30 banks and financialorganisations and over 550 industry associations acrossthe country, to promote SME ratings. Ratings also receive

strong regulatory support—75 per cent of the rating fee issubsidised by the Ministry of Micro Small and MediumEnterprises, Government of India through a Performanceand Credit Rating Scheme implemented through theNational Small Industries Corporation Ltd (NSIC). Thismeans that an SME can, in fact, get itself rated for a mere Rs.7,500.

SME Ratings have eased the access to finance for SMEs.CRISIL estimates that, at an aggregate level, SMEs havesaved over Rs.1 billion in interes t cost s alone, by using SMEratings. CRISIL's tie-ups and alliances with lenders havehelped SMEs secure f unding: over 30 financial inst itutions

use CRISIL’s SME rat ings (see Table 1), of which, 13 lendershave issued internal circulars listing the interest rateconcessions that are available for each rating category (seeTable 2). These interest rate concessions range from 0.25per cent to 1.25 per cent (on the applicable lending rate) forSMEs that receive a superior rating. The benef its that SMEsderive from being rated by CRISIL are not limited tointerest rate concessions alone: SMEs receive sanctions forlarger loans, and obtain relaxation in collateralrequirements, reductions in transaction cost, and evenfaster loan processing by lenders (see Chart 1).

Ratings facilitate raising finance

Table 2 : List of lenders that give interest rateconcessions based on CRISIL SME ratings

Table 1: List of lenders that use CRISIL’s SME ratings

• Andhra Bank • Punjab National Bank• Allahabad Bank • Saraswat Co-operative

Bank Limited• Bank of Baroda • State Bank of Hyderabad• Bank of India • State Bank of Indore• Bank of Maharasht ra • State Bank of Mysore• Canara Bank • State Bank of Travancore• Centra l Bank of India • State Bank of Bikaner

and Jaipur• Corporation Bank • Syndicate Bank• Dena Bank • Tamilnad Mercantile

Bank Limited• Dhanlaxmi Bank • UCO Bank

• Federal Bank • United Bank of India• HDFC Bank • Union Bank of India• ICICI Bank • Vijaya Bank• Indian Bank • Kerala Financial• I ndian Over sea s Bank Corporat ion

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

Name of the financial institution

Higher loan

amounts

20%

New loan

sanctions and

lower interest

rates

14%

Lower collateral

requirement

1%

Faster loanprocessing

6%

Interest rateconcessions

46%

Lowertransaction

costs13%

Chart 1: Survey feedback-SME ratings facilitatesraising finance



8/64


9/64

CRISIL's ratings on small and medium enterprises (SMEs)reflect the rated entities' overall creditworthiness,adjudged in relation to other SMEs. These ratings areentity-specific, and not specific to debt issuances.

The SME sector has its own unique features: unlike thelarge corporates, the SME sector has no organisedinformation on industries, market shares, competitiondynamics, and promoter or management track record. Thecreditworthiness of entities in t he sector, therefore, needsto be assessed using tools and methods that are differentfrom thos e traditionally used for large corporates. CRISIL'sSME Ratings group has evolved a robus t framework for thecredit assessment of SMEs, reflecting the learnings gainedfrom CRISIL's ratings and research experience of over two

decades.

CRISIL has two separate scales on which it assigns ratingsin the SME space: the NSIC-CRISIL Performance andCredit Rating (NSIC-CRISIL) scale for small enterprises(SEs), and the CRISIL SME Rating sca le.

The NSIC-CRISIL sca le has been specially developed forunits registered as SEs. Typically, SEs that are eligible forsubsidies on rating fees from the National Small Indust riesCorporation Limited (NSIC) are rated on this scale.However, it can also be used to rate entities that are noteligible for NSIC subsidies.

The NSIC-CRISIL scale measures p erformance capabilityand financial strength as two distinct dimensions.Performance capability is measured on a f ive-point scale(from 1 to 5), and financial strength is measured in threecategories (A to C). The rating symbolises the relativepositioning of the rated entity adjudged in relation to otherSEs. Table 1 outlines the rating matrix of the NSIC-CRISILscale:

Two rating scales for the SME sector

For SEs

P e r f o r m a n c e

C a p a b i l i t y

SE 1A SE 2A

SE 3A

SE 4A

SE 5A

Financial Strength

High Moderate Low

HighestHigh

Moderate

Weak

Poor

SE 1CSE 2C

SE 3C

SE 4C

SE 5C

SE 1BSE 2B

SE 3B

SE 4B

SE 5B

Table 1: The NSIC-CRISIL rating matrix

For SMEsCRISIL also offers SME Ratings to the larger domain ofSMEs, of which SEs are a subset. The SME Rating Scale isan eight-point scale (SME 1 to SME 8) that symbolises therated entity's creditworthiness in relation to other SMEs.Table 2 outlines the CRISIL SME Rating Scale and ratingdefinitions:

Table 2: CRISIL SME Rating Scale and definitions

SME 1 Highest

SME 2 High

SME 3 Above Average

SME 4 AverageSME 5 Below Average

SME 6 Inadequate

SME 7 Poor

SME 8 Default

CRISIL SME Rating Definition

Rating methodology

Business risk

Outlined below is the rating methodology used to assessthe creditworthiness of SMEs with on-going business unitsand without any large project s. The rating methodology forassessment under both rating scales is the same. Themethodology is comprehensive and covers three broadcategories of risk – business risk, management risk, and

financial risk. Although these are similar to the creditassessment framework for large corporates, the approachto assessing the risk elements, peer group comparisons,and weightages for the various parameters, are different.

Under business risk, CRISIL assesses the susta inability ofthe business plan and the long-term v iability of the unit.This comprises qualitative assessments of the track recordof the business, the profile of the rated entity's customers,relationships with customers and suppliers, and the level ofinfrastr ucture and technology of the business.

In order to assess the SME's business risks, CRISIL contactsthe promoters of the SME to understand their businessplans and growth strategies.

Most SMEs form part of larger industries' value chains andare usually not in direct contact with the end users.Moreover, in most industries, the degree of competition ishigh owing to factors such as the presence of a largenumber of players, low capita l intensity and, in some cases,low technology levels. Hence, SMEs rarely have control

Rating Criteria for Small and Medium Enterprises

7



10/64

over pricing. An SME's pricing flexibility stems from itsrelationship with key customers and its strong control overcosts. For SMEs, control over costs is a function of thequality of technology and manufacturing facilities, andrelationships with employees and suppliers.

Assessing the quality of an SME's relationsh ips with its keycustomers is a critical part of CRISIL's assessment of anSME; this parameter is assessed by directly contacting theentity's key customers. To assess the entity's manufacturingfacilities, CRISIL insists on a visi t to the facilit ies, either bya team of CRISIL analysts, or by CRISIL's businessassociates. CRISIL also contacts the SME's key suppliers toassess the quality of their relationships with the SME beingrated.

For SMEs, management evaluation, which is typically anevaluation of the promoters' competence, is critical to therating. Unlike most large corporates, which have severallayers of professional managers, performance in the caseof SMEs often depends on the entrepreneurship andresourcefulness of the promoters.

In assessing a promoter's competence and track record asan entrepreneur, CRISIL looks at the past performance ofthe entity and group companies. This provides an insightinto the promoter's ability to successfully manage theentity through business cycles. In addition, the entity'sability to develop suppliers, integrate with customers, and

manage banking and labour relationships, also providecritical inputs to the management evaluation process.

Most SMEs are managed by fir st-generation entrepreneurs,whose continued presence is crucial to the very existenceof the business. CRISIL believes that factors such as thepresence of a second tier management, a formal successionplan, and a high degree of professionalism, are vita l to thelong-term sustainability of the entity. CRISIL, therefore,critically assesses the organisational structure of the entityand the quality of its systems and processes.

SMEs are typically set up as proprietorships, partnerships,or private limited companies. SMEs that are constituted ascompanies are mandated to follow accounting standards

prescribed by the Institute of Chartered Accountants ofIndia (ICAI) and the guidelines of the Companies Act, 1956.CRISIL's experience suggests that entities whose financialstatements are governed by regulation are generallystronger in accounting quality, disclosure, andtransparency.

Management risk

Financial risk

CRISIL's financial risk analysis is based on disclosedfinancial statements. CRISIL's assessment of financial riskincludes an assessment of size (sales and net worth),profitability, efficiency of capital and working capitalmanagement, and credit protection measures such asinterest coverage, debt service coverage, and cash accrualsto debt ratios. CRISIL uses proprietary spreadsheets thatare developed especially for SMEs. The ratio calculationsare broadly the same as those followed in the assessmentof the large corporates, but have been fine-tuned to suit therequirements of the SME sector. For example, promotersoften bring in investments in the form of unsecured loansinstead of equity or capital to take advantage of favourabletaxation policies; such loans are treated as quasi–equitywhile assessing SMEs.

CRISIL's assessment of an SME's financial risk profile alsoattempts to asses s the entity's financial flexibility. This isdone in two ways – by analysing the promoter's net worth,and by assessing the strength of the SME's relationshipswith banks. CRISIL asks promoters to disclose theirpersonal net worth; based on this declaration, CRISILassesses the additional funds that the promoter will beable to infuse into the SME, in the event of distress. CRISILalso contacts the SME's bankers in order to assess thenature and histor y of the relationship, and per formance ofthe loans and bank accounts. Bankers can also providekeen insights into the promoters' integrity.

CRISIL's ratings on the SME and NSIC-CRISIL scales arevalid for a period of one year from the date of beingassigned, if no significant changes/events occur during thisperiod that could materially affect the business or financialparameters of the organisation. The rating is a one-timeexercise and is not kept under surveillance. CRISIL,however, recommends that the user of the rating seek areview of the rating if the organisation experiencessignificant changes/events during this period which couldimpact the organisation or its rating. All live ratingsassigned by CRISIL in the SME space may be accessedfrom CRISIL's website www.crisil.com\ratings.

Rating validity

8



11/64

% o

f e n t e r p r i s e s e

SE

1A

SE

1B

SE

1C

SE

2A

SE

2B

SE

2C

SE

3A

SE

3B

SE

3C

SE

4A

SE

4B

SE

4C

SE

5A

SE

5B

SE

5C

Rating Distribution: NSIC- CRISIL Rating

Nature of Business Operation

Industry wise Distribution

Rating Distribution: SME Rating

Constitution of Enterprises

Geographical Distribution

Manufacturing Tradi ng Jobwork Services

Greenfield projects

11%

10%

8%6%

6%

6%

5%

4%

4%

23%3%

3%

2%2%

7%

Maharashtra Gujarat Tamil Nadu Andhra Pradesh Punjab

West Bengal Karnataka Uttar Pradesh Rajasthan New Delhi

Orissa Madhya Pradesh Haryana Chhattisgarh Others

83%

6%2%

6% 3%

49%

23%

18%

9% 1%

Private limited company Partnership firms Proprietorship

Public limited companies Trusts and others

Rating

SME 1 SME 2 SME 3 SME 4 SME 5 SME 6 SME 7 SME 8

% o

f e n t e r p r i s e s e

27%

11%

9%8%

7%

6%

5%

5%

4%

3%

3%2%

1%1%1%

1%1% 4%

Engineering

Textile and ApparelElectronics and Electrical E quipmentPrinting and Packaging

Agri-products and F MCG

Chemical

Plastic and Plastic Products

Steel and Steel ProductsPharmaceuticals

Auto and Auto AncilliaryConstruction

IT and ITES

PowerCable and Wire

Real Estate and Infrastructure

Leather and FootwearPaper and Paper Products

Others

Rating

Profile of 10,000 CRISIL Rated SMEs

9

0%

5%

10%

15%

20%

25%

30%

35%

0%

5%

10%

15%

20%

25%

30%

35%



12/64

Net Sales # Total Asset Size *

Debt/equity ratio $ ^ Current ratio $

61%19%

8%

5%2% 5%

0 to 10 crore 10.1 to 20 crore 20.1 to 30 crore

30.1 to 40 crore 40.1 to 50 crore More than 50 crore

Gross Profit Margins @ Interest coverage @

3%

26%

21%22%

28%

Gross losses 0.0% to 5.0% 5.1% to 8.0%

8.1% to 12.0% Greater than or equal to 12.0%

2% 2%

32%

23%

19%

22%

No interest cover (=5.00x

22%

19%

16%12%

29%

2%

51%35%

14%

More than 1.33x >=1.00x but


13/64

Aarvi Encon Private Limited

155, Shah & Nahar IndustrialEstate (A1), Dhanraj MillsCompound, Sitaram Jadhav Marg,Lower Parel,Mumbai – 400 013, MaharashtraTel: +91 22 66626890/92Fax: +91 22 66626893Email: [email protected]: www.aarviencon.com

23 years

Industry Technical consulting services

End-user industries Oil and gas, petrochemical,infrastructure andtelecom companies

Brands Aarvi

Certificationsand awards

ISO 9001:2000 (valid til l 2012)

Bankers Yes BankBarclays BankBank of BarodaHDFC BankState Bank of India

Auditors Sharad R Dalal & Company,Chartered Accountants2, La Citadelle, Ground Floor,Mumbai – 400 020, Maharashtra

Fact Sheet

Rating CRISIL Rating: SME 1Valid till November 29, 2010

Year of incorporation 1987

Legal status Private limited company

Promoter Mr. Virendra D Sanghavi

SSI Reg no. Not applicable

Administrativeoffice

Service facility

Number of employees 1,700

Nature of business Services

Key Customers BecRel Engineering Pvt LtdFoster WheelerLarsen & Toubro LtdHindustan PetroleumCorporation LtdTata Communications Ltd

Key Suppliers None

Experience in thebusiness

The company provides technical manpower deputation

services to the oil and gas, petrochemical, infrast ructu re,

and telecom sectors. The company also assis ts customers

in preparation of engineering drawings, procurement of

plant and machinery, civil structure, and piping. The

company has an established track record of 23 years and

has reported a compound annual growth rate (CAGR) of

63.36 per cent in sales over the past three years. About 13

per cent of revenues are derived from serv ices to customers

in UAE, Saudi Arabia, China and Japan.

About the Company

Same as above

Sales and Profitability Trend

Leverage Analysis

0.00

1.00

2.00

3.00

Total outside liabilities/Tangible

net worth

Total debt/Tangible net worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

0

1,000

2,000

3,000

4,000

5,000

6,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%

Net sales (Rs. Lakh) OPBDIT margin (%)

11



14/64

AKP Foundries Private Limited

R. S. No. 689, Udyanbag,Belgaum – 590 008,KarnatakaTel: +91 831 2440164/2441530Fax: +91 831 2441275Email:[email protected]: www.akpfoundries.com

31 years

Industry Castings/forgings

End-user industries Engineering and constructionequipments

Brands None


ISO 9001:2000 (valid till 2010)ISO/TS 16949:2002(valid till 2012)ISO 14001:2004 (valid till 2012)

Bankers Syndicate Bank

Auditors Suresh E Sarode,Chartered Accountants

3154,Khade Bazar,Belgaum – 590 002, Karnataka

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1AValid till September 22, 2010



Promoter Mr. Ram Bhandare

SSI Reg no. 290011200062


Number of employees 208

Nature of business Manufacturing

Key Customers Cummins India LtdAtlas Copco (India) LtdAlfa Laval (India) Ltd


The company manufactures cast iron (CI) castings and

ductile castings such as manifolds, pulleys, valves,

connecting rods, and gear castings. These products are

predominantly used for manufacturing engineering

components, compressor parts, and construction

equipment. The company has an established track record of

over 30 years in the castings segment and has reported a

compound annual growth rate (CAGR) of 25.80 per cent in

revenues over the past three years. The company has a

diversified customer base, product range with multiple

applications, and wide geographica l reach.

About the Company

Manufacturingfacility

Same as above

Key Suppliers Hematic Motors Pv t LtdCastwell Foundries LtdSesa Goa Ltd


0

1,000

2,000

3,000

4,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%


Leverage Analysis

0.00

0.50

1.00

1.50

2.00

2.50

Total outside liabilities/Tangible net

worth


T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

Product/ Service Profile

Share in net sales

79%

21%

Ductile iron castings Cast iron castings

2



15/64

Leverage Analysis

0.00

0.25

0.50

Total out side

liabilities/Tangible net worth


T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009


0

1,000

2,000

3,000

4,000

5,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

25

30

%


Alok Masterbatches Limited

C-65/1, Okhla Industrial Area,

Phase-II, New Delhi – 110 020Tel: +91 11 41612244Fax: +91 11 41610333Email: sales@alokindust ries.comWebsite: www.alokmasterbatches.com

15 years

Industry Plastic and plastic products

End-user industries Plastic bag companies

Brands ALOK


ISO 9001:2000

Bankers HDFC Bank

Auditors Raj Har Gopal & Company,Chartered AccountantsNew Delhi

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1AValid till November 03, 2010


Legal status Public limited company(closely held)

Promoter Mr. Vikram Singh Bhadauria

SSI Reg no. 26/001/12/00814

Administrative

office/Manufacturingfacility



Key Customers S C Johnson Products Pvt LtdPadmaja Polymers Pv t LtdAshok Polymers LtdMampilly Polymers TradersGenus Electrotech Ltd

Key Suppliers Reliance Indust ries LtdOmya India Pvt LtdCiba India LtdSudarshan Chemical IndustriesTronox Pigments Ltd


The company manufactures polymer masterbatches used

in the plastic bags industry. A masterbatch is a carry ing

material consisting of pigments and additives. The

company manufactures about 40 tonnes of masterbatches

daily and the average capacity utilisation was 80.00 per

cent during 2008-09. The company has an established

track record of 15 years and about 30 percent of the sales

comprise expor ts to USA, Malaysia, South Africa, Turkey,

Saudi Arabia and Jordan.

About the Company

13



16/64

Asiatic Electrical and Switchgear Private Limited

The company manufactures low voltage products such as

fuse switch disconnectors, fuse rails and fuse bases,

electrical cutouts, insulators, panel accessories, fuse

carrier wedge type and isolator disconnectors. Most of the

products are exported (about 90.00 per cent) mainly to

countries in The Middle East. The company also started

manufacturing a new range of silicon-rubber-lined

insulators. In the recent past, the company has added two

unit s at Bhiwadi (Rajasthan) and Baddi (Himachal Pradesh),

where the operations have commenced. It has also

introduced a new product – 11 kV VCB panels; which will

contribute to a sizeable port ion of sales.

About the Company

A- 58, Naraina Industrial Area,Phase-I, New Delhi – 110 028

New DelhiTel: +91 11 25796617Fax: +91 11 25799816Email: [email protected]: www.asiatic-india.com

37 years

Industry Engineering

End-user industries Power

Brands Asiatic


ISO 9001: 2000 (valid till 2012)Export excellence awards for

2005-06 and 2004-05 from theEngineering Export PromotionCouncil

Bankers Canara Bank

Auditors Anil K. Jain & Company,Chartered Accountants18/3, Arya Samaj Road, KarolBaug, New Delhi – 110 005

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1AValid till September 1, 2010

Year of establishment 1972


Promoter Mr. Gurcharan Singh Kochar

SSI Reg no. KB-61/A-171/JMP/ADI 01 14




Key Customers Haris Al Afaq LtdFederal Switchgear LtdAl Zubai r General and Trading Est.

Key Suppliers Oriental Copper Company LtdPrags Development Company LtdIspat Industries Ltd



New Delhi, Bhiwadi (Rajasthan)and Baddi (Himachal Pradesh)


0

1,000

2,000

3,000

4,000

5,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%


Leverage Analysis

0.00

1.00

2.00

3.00

Total outside

liabilities/Tangible net

worth

Total debt/Tangible net

worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

14



17/64


Leverage Analysis


Share in net sales

Infrastructure projects Building Construction engineering

Remedial engineer ing Geo-technology

31-Mar-2007 31-Mar-2008 31-Mar-2009

0.00

1.00

2.00

3.00

4.00

Total outside


worth


worth

T i m e s

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%


55%30%

5% 5%5%

BBR (India) Private Limited

318, 15th Cros s, 6th Main,Sadashivanagara,

Bangalore - 560 080, KarnatakaTel: +91 80 4025 0000Fax: +91 80 4025 0001Email: [email protected]: www.bbrindia.com

32 years

Industry Engineering and civilconstruction

End-user industries Engineering and infrastructurecompanies

Brands None

Certifications

and awards

ISO 9001:2000

Bankers Canara Bank

Auditors AVT & Associates,Chartered Accountants63/1, 2nd Floor, Railway,Parallel Road,Above Canara Bank,Kumarapark,Bengaluru - 560 020

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1AValid ti ll August 11, 2010



Promoter Mr. S K Agrawal

SSI Reg no. 080130044



Nature of business Manufacturing and contracting

Key Customers Larsen & Toubro LtdGammon India LtdNagarjuna Construction

Company LtdLanco Infratech Ltd

Key Suppliers Tata Steel Ltd


The company is part of the BBR Global Group, based in

Switzerland. The group is in the field of post-tensioning,

stay cable, and related construction engineering, and

currently operates in more than 50 countries. The company

is a specialised civil engineering and construction

company which contracts, consults, and develops for

infrastructure projects, buildings, remedial engineering

projects, const ruction engineering projects, geo-technical

engineering projects, and projects on non-destructive

testing.

About the Company


Bangalore, Karnataka

15



18/64

Elppe Chemicals Private Limited

63/2, MIDC Area,Dhatav, Roha,

Raigad – 402 116, MaharashtraTel: +91 2194 263889Fax: +91 2194 263889Email: [email protected],[email protected]

24 years

Industry Chemicals – organic andinorganic

End-user industries Pharmaceutical

Brands Elgran, Elubra, Eltex andElfeeda (not registered)


ISO 9001:2008 (valid till 2011)ISO 14001:2007 (val id till 2011)OHSAS 18000 (valid t ill 2011)

Bankers Bank of India

Auditors Wandrekar & Company,Chartered AccountantsC/20/181, MIG Colony,2nd Floor, Gandhi Nagar,Bandra (East),Mumbai – 400 051, Maharashtra

Fact Sheet




Promoter Mr. P P Bardeskar

SSI Reg no. 11 12 01373 PMT SSI




Key Customers Cambrex Karlskoga AB (Sweden)Spin (Italy)VJCHEM Canada Incorporation

(Canada)

Key Suppliers Ami R iddhi Chem Pvt LtdSiddharth CarbochemProducts LtdOasis Enterprises


The company manufactures 30 different types of active

pharmaceutical ingredients (API) that include organic and

inorganic reagents, and speciality chemicals, which are

used by pharmaceutical companies. The company exports

its products to Sweden, Italy, Iran, Canada, Austria,

Germany, UK, USA, Poland, Hong Kong, and The Middle

East countries. The company has an established track

record of 24 years and has reported a compound annual

growth rate (CAGR) of 40.79 per cent in revenues over the

past three years.

About the Company


Raigad, Maharashtra

Leverage Analysis

T i m e s

0.00

0.20

0. 40

0.60

0.80

1.00


net worth


31-Mar-2007 31-Mar-2008 31-Mar-2009


0

500

1,000

1,500

2,000

2,500

3,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%



Share in net sales

Organic chemicals Inorganic chemicals

6


94%

6%


19/64

Express Housekeeper Private Limited

C-7, Navshakti Apartments,Ghitorni, MG Road,New Delhi – 110 030,New Delhi (NCR)Tel: +91 11 26503015Fax: +91 11 26503259Email: [email protected]: www.expresshousekeeper.com

23 years

Industry Housekeeping and allied services

End-user industries Not applicable

Brands None


ISO 9001:2000 (valid tillSeptember 27, 2010)


Auditors Amarjeet Chhabra & Company,Chartered AccountantsE-969, Chittaranjan Park,New Delhi – 110 019

Fact Sheet

Rating CRISIL Rating: SME 2Valid til l December 22, 2010



Promoter Ms. Sarita Sarvaria





Key Customers Knight Frank India

Johnson Controls India Pvt LtdC. B. Richard Ellis

Key Suppliers Not applicable


The company provides backend support services which

include housekeeping, landscape maintenance, pantry

services, electro mechanical operational systems, pest

control and waste management. Housekeeping services

form a majority of the company's revenue. The company

provides services to malls, corporate houses, educational

institutes, manufacturing plants, banks, and other

corporate and residential establishments. The company

has reported a compound annual growth rate (CAGR) of

66.52 per cent in revenues over the past th ree years.

About the Company


Not applicable


0

1,000

2,000

3,000

4,000

5,000

6,000

2006-07 2007-08 2008-09

R s . L a k h

0

5

10

15

20

%


Leverage Analysis

0.00

1.00

2.00

3.00

4.00

Total outside


worth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

17



20/64

Finearc Systems Private Limited

21, F-2 Block, MIDC

Pimpri, Pune - 411 018MaharashtraTel: +91 20 27471655/27470650Fax: +91 20 27475583Email: [email protected]: www.finearcsystems.com

23 years


End-user industries Aerospace, automotive,

construction, manufacturing,power, railways and shipbuilding

Brands FINEARC SYSTEMS


Certificate from MCCIA PuneCertificate from PCMC,Pimpri, PuneHonda Award Best Supplier


Auditors Anand Amarnath & Asociates,Chartered AccountantsEnkay Complex, 1st F loor,

Above Vijaya Bank, Kashwapur,Hubli - 580 026, Karnataka,India

Fact Sheet




Promoter Mr. Shrikant Sitaram Pathak

SSI Reg no. 27-025-1200494

Administrative

office


Nature of business Manufacturing Robot andSpecial Systems

Key Customers Bharat Heavy Electricals Ltd

Toyota Kirloskar Motor Pvt LtdHero Honda Motors LtdIndian RailwaysBajaj Auto LtdYamaha Motor India Pvt Ltd

Key Suppliers Festo Controls Pv t LtdABB India Ltd


The company provides high-end welding, cutting and

automation solutions including state-of-the-art robotic

systems. The company's competencies include arc, laser

welding and cutting processes with design of motion

control systems for high precision and multiple axes

motion. Computer numerical controlled (CNC) machines,

programmable logic controller (PLC) machines, software

programming, control and interfacing for CNC and PLC

machines, work holding, fixturing, material handling, and

robotics are their key areas of expertis e. The company also

has capabilities in automatic material cutting solutions

using plasma, laser and oxy-fuel technologies.

About the Company


Pune (Maharashtra)


0

500

1,000

1,500

2,000

2,500

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%


Leverage Analysis

0.00

1.00

2.00

3.00

Total out side

liabilities/Tangible networth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

18



21/64

G. S. Auto International Limited

G. S Estate, G T Road,Dhandari Kalan,Ludhiana – 141 010, PunjabTel: +91 161 2511001Fax: +91 161 2510885Email: [email protected]: ww w.gsgroupindia.com

72 years

Industry Auto ancilliaries

End-user industries Automobile and automotivecomponents manufacturingcompanies

Brands None


ISO/TS 16949:2002(valid ti ll February, 2011)

Bankers Punjab National Bank

Auditors Nanda and Bhatia,Chartered AccountantsRed Cross Bhawan, The Mall,

Ludhiana, Punjab

Fact Sheet



Legal status Public limited company(publicly held)

Promoter Mr. Jasbir Singh Ryaitand Mr. Surinder Singh Ryait





Key Customers Tata Motors LtdUnited Diesel CorporationRanisati Lubricants Pvt Ltd

Key Suppliers Upper India SteelManufacturing and EngineeringCompany LtdArti Steel Pipes Pvt LtdBedi Steel Rolling Mills


The company manufactures automotive suspension, trailer

axle and suspensions and fastening components for utility

vehicles, commercial vehicles, multi-axle vehicles, trailers

and special purpose vehicles (SPVs). The major raw

materials used are mild ste el bars, alloys, and carbon steel.

Of the company's total sales, 25 per cent is made to

Original Equipment Manufacturers, 63 per cent to the

replacement market, and 12 per cent to the export market.


Leverage Analysis

About the Company


Same as above


0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,0009,000

10,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%


Share in net sales

Machine parts Forged parts

Ferrous cast components Non-ferrous cast components

Trailer parts

0.00

0.50

1.00

1.50

2.00

2.50

3.00

Total out side

liabilities/ Tangible net

worth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

19


21%

40%

26%

10% 2%


22/64

Indian Institute of Management & Engineering Society

27th KM Stone, Delhi - Hapur

By Pass Road, Adhyatmik Nagar,Ghaziabad – 201 009, UttarPradeshTel: +91 120 3291277/78/79Fax: +91 120 2767384Email: [email protected], [email protected]

14 years

Industry Education


Brands None


ISO 9001:2000(valid till September 2012)

Bankers Bank of Baroda

Auditors Adhir Garg & Company,Chartered AccountantsKL-108, Kavi Nagar,Ghaziabad, Uttar Pradesh

Fact Sheet

Rating CRISIL Rating: SME 1Valid ti ll November 24, 2010


Legal status Society

Promoter Mr. Rakesh Garg




Nature of business Services (Education)

Key Customers Not applicable

Key Suppliers Not applicable


The society currently manages two inst itutes in t he name

of Ajay Kumar Garg Engineering College (established in

1998 and affiliated to Uttar Pradesh Technical University

(UPTU)) and Ajay Kumar Garg Institute of Management

(AKGIM) (established in 2008). The institutes offer

engineering courses in several fields and has a current

strength of 2,700 students. The institutes also provide

accommodation facility for about 1,200 students at the

campus hostel. The trust has repor ted a compound annual

growth rate (CAGR) of 25. per cent in revenues over the44

past three years and is currently operating at 100 per

cent occupancy levels.

About the Society

Service facility Same as above

Leverage Analysis

0.00

0.20

0.40

0.60

Total outsideliabilities/Tangible net

worth

Total debt/Tangible networth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

Income and Profitability Trend

0

500

1,000

1,500

2,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

25

30

35

%


20



23/64

Insight Business Machines Private Limited

18 years

Industry Computer – Hardwareand software

End-user industries Real estate, power,pharmaceutical, education,insurance, media, andentertainment

Brands TCT


ISO 9001:2008(valid ti ll January, 2011)Lenovo award for excellence

Bankers Development Credit Bank

Auditors Lad and Nagral Associates,Chartered Accountants159/4, Smruti, Jawahar NagarRoad, Goregaon (West),Mumbai – 400 062, Maharashtra

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1BCRISIL SME Rating: SME 2Valid ti ll November 12, 2010



Promoter Mr. Piyush VibhakarMr. Neel Shah

SSI Reg no. 27222100435

B – 210, 211, Raj Ratan Industrial

Estate, Opposite SNDT College,Ramchandra Lane,Malad (West),Mumbai – 400 064,MaharashtraTel: +91 22 67262100Fax: +91 22 28808034Email: [email protected]: ww w.insightindia.com

Administrative

office


Nature of business Trading and services

Key Customers Reliance Anil DhirubhaiAmbani GroupSahara India FinancialCorporation LtdBombay Stock Exchange LtdFuture Generali India GeneralInsurance Company Ltd

Key Suppliers Ingram Micro India LtdRedington India LtdIRIS Computers Ltd


The company undertakes end to end system integration of

its products from companies such as Microsoft, Hewlett

Packard, IBM, Compaq, Intel, Lenovo, and Dell. It

also provides enterprise application solutions

and technology consulting services such as system

integration, infrastructure consolidation, applications

development, and networking to more than 200

customers spread across India. The company has an

established track record of 18 years and has reported a


revenues over the past t hree years.

About the Company

Service facility Same as above


Leverage Analysis

Share in net sales

60%25%

15%

Hardware Licensed software Support and allied activ ites


0.00

2.00

4.00

6.00

8.00

10.00

Total outside


worth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

0

1,000

2,000

3,000

4,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

%


21



24/64

Janak Healthcare Private Limited

Janak House,Sheikh Mistry Road,Opposite IOC Depot, WadalaEast, Mumbai – 400 037,MaharashtraTel.: +91 22 2412 0171/2413 0407Fax: +91 22 2413 9870Email: [email protected]: ww w.janakhea lthcare.com

Industry Hospital furnitureEnd-user industries Hospitals

Brands Janak


ISO 14001:2004ISO 13485:2003ISO 9001:2000OHSAS 18001

Bankers HDFC BankKotak Mahindra Bank

Auditors T. Ramarao & Co.,Chartered Accountants

303, Lotus House,33-A New Marine Lines,Mumbai – 400 020, Maharashtra

Fact Sheet

Rating CRISIL Rating: SME 1Valid ti ll Januar y 19, 2011



Promoter Mr. Hasmukh J Mehta,Mr. Apurva J Mehta,Mr. Amit J Mehta




Nature of business Manufactur ing

Key Customers Bombay Hospital TrustTata Memorial HospitalLilavati Hospital & ResearchCentre

Key Suppliers Super CastorsTube Investment of India LtdPrecision Steel Tubes

31 yearsExperience in thebusiness

The company is engaged in the manufacturing and trading

of hospital furnit ure, such as beds, operation tables, and

monitor trolleys, patient care equipments, and other

accessories. Janak Healthcare Private Limited caters

predominantly to private, corporate, and public hospitals.

The company has a track of more than 30 years in

manufacturing of hospital furniture. The company holds

agencies for several international brands and exports to

Gulf countries, Africa, Sri Lanka, Nepal, USA and Europe.

Midmark Corporation, USA holds a 37.00 per cent sta ke in

the company; however, the management and operations

are being controlled by the Mehta family.

About the Company


Unit-I: A-1/3, GIDC Industria lEstate, Umbergaon – 396 171,Valsad, Gujarat

Leverage Analysis


0.

1,000

2,000

3,000

4,000

5,000

6,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%


0.00

1.00

2.00

3.00

Total out side


worth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

2



25/64

0.00

1.00

2.00

3.00

Total out side


worth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009


0

1,000

2,000

3,000

4,000

5,000

2006-07 2007-08 2008-09

R s . L a k h

0

5

10

15

20

%

Jenburkt Pharmaceuticals Limited

Nirmala Apartments, 93,Jayprakash Road,

Andheri (West),Mumbai – 400 058,MaharashtraTel: +91 22 6694 3121/30757575Fax: +91 22 6694 3127Email: [email protected]: www.jenburkt.com

25 years

Industry Pharmaceuticals and Helathcare

End-user industries Hospitals and Clinics

Brands


Recognit ion of R & D Departmentby Government of India,WHO-GMP certification andAccreditation from FDAs of 12countries.

Auditors D. L. Arora and Company,Chartered Accountants

9/425, Bhagyodaya, Kher Nagar,Bandra (East),Mumbai - 400 051, Maharashtra

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1AValid ti ll August 13, 2010

Year of esatblishment 1984

Legal status Public lim ited company (Listed)

Promoter Mr. Uttam N Bhuta

SSI Reg no. 24/014/12/00021



Nature of business Manufactur ing

Key Customers Yogi EnterpriseSujata PharmaSholapurkar Dist ributors

Key Suppliers Gelnova Laboratories (I) Pvt LtdAcme Life ScienceTristar Formulations Pv t Ltd


The company manufactures curative pharmaceutical and

healthcare formulations in t he form of tablets, capsules,

liquid orals, injectables, and ointments. The company also

has 12 contract manufacturers, each with a Good

Manufacturing Practice (GMP) certified facility. The

company manufactures more than 80 branded

formulations. The company has its own R&D unit,

recognised by Department of Scientific & Industrial

Research, Ministry of Science and Technology,

Government of India.

About the Company

Manufactur ing facility Plot no. 11-12, Bhavnagar road,Sihor - 364 240, Gujarat

There are about 25 brandedproducts. Some of them areNumox, Powergesic gel, EcoprotPlus, Metmin, Nervijen andGlucotrol



Leverage Analysis

Share in net sales

37%

26%

19%

7%7% 5%

Ta blet s Cap sules Powders Injectables Ointment Oral liquids


23



26/64

Jyoti Plastic Works Private Limited

94, Bombay Talkies

Compound, Malad (West),Mumbai – 400 064,MaharashtraTel: +91 22 28823241Fax: +91 22 28820629Email: [email protected]

.Website: www jyotiplastics.com

50 years

Industry Plastic and plastic products

End-user industries Multiple

Brands JYOTI


ISO 9001:2000(valid t ill May 18, 2010)

Bankers State Bank of India

Auditors Vatsraj and Company,Chartered Accountants401, Bharat House,Fort, Mumbai,Maharashtra


Promoter Mr. Raju Desai

SSI Reg no. 11-07-07300/PMT/SSI




Key Customers Enercon India LtdPentair Water India Pvt LtdForbes Aquatech LtdSuzlon Energy LtdAquasub Engineering

Key Suppliers Sabic Innovative PlasticsDuPont IndiaIntercontinental Polymers Pvt LtdReliance Plastics Industries


The company manufactures engineering polymer products

including flow-control equipment valves, submersible

pump sets, building products (pre-fabricated modular

housing systems), plumbing products, fabricated

automated teller machines centres, and wind energy

components. The company also exports to customers

based in Italy and USA. The company has a diversified

customer base, product range with multiple applications,

and wide geographical reach.

About the Company

Manufacturing facility Nani Daman, (Daman & Diu),Dungri (Gujarat)

NSIC-CRISIL Rating: SE 1AValid till: October 8, 2010

Fact Sheet

Rating



Leverage Analysis

Flow control equipments

Building products, automated tellermachine (ATM) centre, wind energycomponents

Submersible pump setsPlumbing products

Share in net sales

50%

25%

20%5%


R s .

L a k h


0

1,000

2,000

3,000

4,000

2006-07 2007-08 2008-09

0

5

10

15

20

%

0.00

0.50

1.00

1.50

Total out side

liabilities/ Tangible net

worth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

24



27/64

Kam-Avida Enviro Engineers Private Limited

3 & 4, Gandhali, Damle Path,

Off Law College Road,Pune – 411 004,MaharashtraTel: +91 20 2544 8820/6675 6300Fax: +91 20 6675 6400Email: [email protected]: www.kam-avida.com

15 years


End-user industries Municipalities, cementcompanies and oil refineries

Brands None


ISO 9001:2000

Bankers Axis Bank

Auditors Jayant Joshi & Company,Chartered Accountants11, Kastur i Apartments,Dahanukar Colony, Lane 17,Kothrud,

Pune – 411 038

Fact Sheet

Rating CRISIL Rating: SME 1Valid till August 06, 2010



Promoter Mr. Manohar Krishna


Administrative

office



Key Customers Pimpri ChinchwadMunicipal CorporationChennai Municipal CorporationReliance Indust ries Ltd

Key Supplier s A rdent Engineering Work sCanara HydraulicsSital Engineers


The company manufactures waste management

equipments, such as, mechanical road sweepers, solid

waste disposal machines - garbage compactors, sewer

cleaning equipments, industrial vacuum cleaners, and

pipes and drains cleaning and maintenance equipments.

The company has an established track record of 15 years

and has reported a compound annual growth rate (CAGR)

of 39.07 per cent in revenues over the past three years. The

company has about 100 liaison associates located all over

India for marketing the products.

About the Company

Manufacturing facility Plot No.1, S.No.255/1, Hinjewadi,Mulshi, Pune – 411 057,Maharashtra

Leverage Analysis


0.00

1.00

2.00

3.00

4.00

5.00

6.00

Total outside


worth


worth

T i m e s

R s . L a k h

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

2006-07 2007-08 2008-09

0

5

10

15

20

25

%


31-Mar-2007 31-Mar-2008 31-Mar-2009

25



28/64

KF Bioplants Private Limited

2413, Kumar Capital,

East Stre et Camp,Pune – 411001MaharashtraTel: +91 20 26350660Fax: +91 20 26353365Email: kf10ris [email protected]: www.kfbioplants.com

18 years

Industry Agriculture products


Brands None


ISO 9001:2000(valid upto February 25, 2011)

Bankers Corporation Bank

Auditors Ramesh Ramu and Associates,Chartered Accountants30, Prestige Point, 1st floor, 283,Shukrwar, Peth, Pune – 411002,Maharashtra

Fact Sheet

Rating CRISIL Rating: SME 1Valid till December 3, 2010



Promoter Mr. Manish Jain


Administrative

office


Nature of business M Plant biotechnology(plant tis sue culture)

Key Customers Floris t De Kwakel B.VHilverda B.VMahendra Shublabh ServicesHorizon Flora

Key Suppliers Florist De Kwakel B.VAcme Life Hilverda B.VTref Ego SubstratesSeki Flora


In 1997, KF Bioplants Pvt Ltd was established as a joint

venture between Kumar Gen Tech & Tissue Culture

Company (KGTC) and Florist De Kwakel BV, Holland. The

company import s the mother plant of gerbera, gypsophi la,

lilium, carnation, and anthurium and does the

multiplicat ion of stock material in its laboratory. The

company pays 30 per cent of its sales proceeds per plant as

royalty to the companies from whom the mother plant is

imported. The company provides technical backup,

information and advice about irrigation, fertilisation, pest

control and climatic conditions about the part icular crop to

the industrial growers and farmers. The company producesapproximately 25 million plants per annum, of which 62

per cent are exported to over 25 countries.

About the Company

Service facility Pune, Maharashtra


Leverage Analysis


Share in net sales

95%

5%

Ornamental flowering plants Fruit plants

R s . L a k h

0

500

1,000

1,500

2,000

2,500

3,000

2006-07 2007-08 2008-09

0

5

10

15

20

25

30

35

%


0.00

0.50

1.00

Total out side

liabilities/Tangible networth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

26



29/64

0

500

1,000

1,500

2,000

2,500

3,000

2006-07 2007-08 2008-09

R s . L a k h

0

5

10

15

20

%


0.001.002.003.004.005.006.007.008.009.00

10.0011.0012.0013.00

Total out side liabiliti es/Tangible

net worth


T i m e s

KNK Nexgen Construction Private Limited

19, 33-A Cross, 11th Main,4th Block, Jayanagar,Bangalore – 560041, KarnatakaTel: +91 80 26631603 /26649558Fax: +91 80 22443307Email: [email protected]: www.knk india.com

3 years

Industry Civil constr uctionand engineering

End-user industries No specific end user industr y

Brands None


ISO 9001:2000(valid t ill April 2011)


Auditors P K Subramaniam & Company,Chartered Accountants1010, 1st Floor, 26th Main,4th Block, Jayanagar,Bangalore - 560041,Karnataka

Fact Sheet




Promoter Mr. K N K SwamyMr. Ashish Krishnaswamy




Nature of business Construction Services

Key Customers Hikal LtdBharti Airtel LtdBiocon India Ltd

Key Suppliers Lafarge AggregateRam AgenciesVenkateshwara Steel Traders


The KNK Group has been in the construction industr y for

over 15 years. The company undertakes civil engineering

work which is contractual in nature. This mainly

encompasses erection of industrial and commercial

buildings. About 90 per cent of the new orders from

customers are mobilised through tenders. The repeat

orders are either through tenders or through direct order

placing. In a period of 3 years, KNK Nexgen has

constructed over 30 buildings. The company has executed

project s in Tamil Nadu, Karnataka and Maharasht ra.

About the Company

Manufacturing facility 14-D Attibele Industrial A reaBangalore – 562106, Karnataka

Leverage Analysis


31-Mar-2007 31-Mar-2008 31-Mar-2009

27



30/64


31/64

R s . L a k h

Share in net sales

60%10%

10%

15%1%

1%3%

High tension and low tension switchboards PLC control panels

Bus ducts Motor control center

Drive panels Battery chargers

Relay and control panels

Lotus Powergear Private Limited

12/13 km, Kanakapura Road,Doddakallasandra,Bangalore – 560 062, Karnataka.Tel: +91 80 43549000Fax: +91 80 2666 3067Email: [email protected],[email protected]: www.lppl.in

33 years

Industry Electrical equipment

End-user industries Cement, steel, hospitality,information technology,construction companies

Brands Lotus Power Gear (registered)


Karnataka State GovernmentGold CardRegistered with EngineeringExport Promotion CouncilExport house status from DGFTfor export performance


Auditors Acharya & Co.,

Chartered AccountantsSri Krishna, 13/3,Pampamahakavi Road,Bangalore – 560 004, Karnataka

Fact Sheet




Promoter Mr. S Seetharama Bhatta


Administrative

office



Key Customers Sterling and Wilson ElectricalsPvt LtdBlue Star LtdABB Ltd


The company designs and manufactures customised high

tension and low tension switchboards (power control

center, motor control center, power distribution boards)

upto 33 kv, bus ducts, drive panels, special purpos e panels

and battery chargers. The company provides a 24-month

warranty from the date of supply or 18 months from the

date of commission ing, whichever is earlier. About 20 per

cent of the business is tender based. The company has an



revenues over the past three years.

About the Company


Same as above.

Key Suppliers ABB LtdSchneider Electric India Pv t LtdSteel House


Leverage Analysis


0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2006-07 2007-08 2008-09

0

5

10

15

20

25

%


0.00

1.00

2.00

3.00

4.00

Total out side


worth


worth

T i m e s

31-Mar-2007 31-Mar-2008 31-Mar-2009

29



32/64

Maithri Laboratories Private Limited

C 24, MSN House, Indust rialEstate, Sanath Nagar,Hyderabad – 500 018,Andhra PradeshTel: +91 40 30438600Fax: +91 40 30438638Email: srin [email protected]: www.msnlabs.com

7 years

Industry Pharmaceuticals

End-user industries Pharmaceutical companies

Brands None


ISO 9001: 2000WHO-GMP(Good Manufacturing Practice)

Bankers State Bank of Hyderabad

Auditors B. R. M. Reddy & Company,Chartered Accountants63- -1186/A/6, 2nd Floor,Begum Post,Hyderabad – 500 016,

Andhra Pradesh

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1AValid t ill Januar y 7, 2011



Promoter Dr. Manne Satyanarayana Reddy

SSI Reg no. 280404981

Administrative

office



Key Customers Dr. Reddy's Laboratories LtdRanbaxy Laboratories LtdAurobindo Pharma Ltd


The company manufactures active pharmaceutical

ingredients (APIs) for therapeutic segments, such as anti-

depressants, anti-psychotic, anti-migraine, anti-histamine,

and others. It also manufactures pharmaceutical

intermediates, which account for 2.00 per cent of the

company's revenues. The group has filed patents for 75

APIs, of which 18 are published international ly.

About the Company


Survey No. 14, GaddipotharamVillage, Jinaram Mandal,Medak – 502 319,Andhra Pradesh

Key Suppliers Sri Vasavi Chemical CorporationVardhaman Chemical IndustriesGlenfin Chemicals Pv t Ltd


Leverage Analysis


Share in net sales

Active pharmaceutical ingredients Pharmaceutical intermediates

T i m e s

0.00

1.00

2.00

3.00

4.00

Total out side

liabilities/Tangible net wort h


31-Mar-2007 31-Mar-2008 31-Mar-2009

R s . L a k h

0

1,000

2,000

3,000

4,000

2006-07 2007-08 2008-09

0

5

10

15

20

%


0


98%

2%


33/64

Maruti Fertochem Limited

Siddharth Arcade, Opp: MTDC,

Station Road,Aurangabad – 431 005,MaharashtraTel: +91 240 2354912/17Fax: +91 240 2332111Email: [email protected]:www.marutifertochem.com

17 year s

Industry Fertilisers

End-user industries Agriculture

Brands Maruti (Registered)


ISO 9001:2000

Bankers AXIS BankCentral Bank of India

Auditors Ashok Patil & Associates,Chartered AccountantsVeer Shanti, K ranti Chowk,Aurangabad – 431 001,Maharashtra

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1BValid t ill Januar y 3, 2011



Promoter Mr. Raghavendra Shripatrao Joshi

SSI Reg no. 110412077

Administrative

office



Key Customers Maharaja AgenciesBahekar & CompanyDayaram Bansilal Karnawat


The company manufactures nitrogen, phosphorous, and

potassium (NPK) granulated mixed fertilisers, and neem

based pesticides. The company produces 1,00,000 metric

tonnes of fertilisers per annum. The company also markets

neem-based organic fertilisers and pesticides. The coating

of neem oil to the granulated fertilisers reduces leaching

losses and also helps in optimum use of fertilisers by the

plant.

About the Company


Aurangabad, Maharashtra

Key Suppliers Indian Potash LtdParadeep Phosphates LtdGujarat State Fertilizers &Chemicals Ltd


Leverage Analysis


Share in net sales

NPK mixed fertilisers Neem based pesticides

R s .

L a k h

0

1,000

2,000

3,000

4,000

5,000

6,0007,000

8,000

2006-07 2007-08 2008-09

0

5

10

15

20

%

T i m e s

worth

0.00

1.00

2.00

3.00

4.00

Total outside liabilities/Tangible net Total debt/Tangible net worth

31-Mar-2007 31-Mar-2008 31-Mar-2009


31


95%

5%


34/64

0.00

1.00

2.00

3.00

Total outside


worth


worth

T i m e s

0

1,000

2,000

3,000

4,000

5,000

6,000

2006-07 2007-08 2008-09

R s . L a k h

0

5

10

15

20

%

Share in net sales

Turnkey project s and engineering Bridge bearing equipments

Metal Engineering and Treatment Company Private Limited

235/2, B.B. Ganguly, 5th Floor,Kolkata – 700 012, West BengalTel: +91 33 22155731/5846Fax: +91 33 22257995Email: [email protected],

[email protected],[email protected]

Website: ww w.metcocal.com

47 years

Industry Engineering and Infrastructure

End-user industries Heavy engineering andconstruction

Brands None


ISO 9001:2008(valid t ill May 15, 2012)

Bankers United Bank of India

Auditors Ajit Kumar Basu,Chartered Accountants

37, Kumar Para LaneKolkata – 700 042, West Bengal

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1AValid till October 22, 2010



Promoter Mr. Mukul Ray andMr. Tarak Nath Mitra

SSI Reg no. 190111201809

Administrative

office



Key Customers Steel Authority of India LtdTata Steel LtdLarsen & Toubro LtdJindal (India) Ltd


The company manufactures material handling equipment

and construction equipments, such as, cranes, piling rigs,

traverser, transfer cars, jacks, and winches. The company

also undertakes turnkey projects for government

organisations. These include manufacturing and

installation of machinery and development of

infrastr ucture such as construction of building and roads.

The company is also engaged in designing and

manufacturing of bridge bearings and expansion joints for

bridges, fly-overs, and heavy str uctures.

About the Company


Jessore Road, Ganganagar,Dist-24 Parganas (N)Kolkata - 700 132, West Bengal

Key Suppliers Steel Authority of IndiaGS AlloyEsami ElectricalsAnupam Industries LtdBraithwaite and Company Ltd


Leverage Analysis



31-Mar-2007 31-Mar-2008 31-Mar-2009

32


75%

25%


35/64

0.00

0.25

0.50


net worth


T i m e s

Share in net sales

Neutraceuticals segment Bio-fuel segment

Nandan Biomatrix Limited

Plot No. 46, Road No 13,Banjara Hills, Hyderabad – 500034, Andhra Pradesh

Tel: +91 40 65507799Fax: +91 40 23328109Email: [email protected]: www.nandan.biz

10 years

Industry Biofuels and Neutraceuticals


Brands NANDAN


• BSE's 5th Socia l & CorporateGovernance Awards, 2010

• CNBC-TV18, CRISIL & ICICI Bank’s "Emerging India

Awards,2009" under 2 categories.

• Best Green SME Award by Business Today SME Awards 2009• First Runner Up - FMCG, Food and

Agri based business at theEmerging India Awards 2008

• Best Business Model in BiofuelsIndustry - Frost & Sullivan

• Winner of t he 2007 New VenturesIndia Business Plan Competition

• ISO 9001-2000 from AQAInternational LLC, USA

Bankers State Bank of IndiaYES BankICICI BankBank of Maharashtra

Auditors JBRK and Company,Chartered Accountants118, 5th floor, Maruthi Complex,Raj Bahavan Road,Hyderabad – 500 034,Andhra Pradesh

Fact Sheet

Rating NSIC-CRISIL Rating: SE 1AValid till October 22, 2010



Promoter Mr. Volam Bhaskar Rao

SSI Reg no. 28 004 12 00498




Key Customers Diverse Agro NurseriesAmiya Kumar Rout


The company is involved in discovery, development, and

commercialization of natural products including

neutraceuticals and bio fuel plantations. The company

conducts research to develop jatropha seeds with

genetically enhanced properties. It also undertakes studies

to devise effective oil extraction and refinement practices.

Additionally, the company has established a joint venture

(Vitale Nandan Bio-Pharma Sciences Private Limited) with

V Worldwide group to set up an integrated facility for the

production of bio diesel. The company has an established

track record of 10 years and has reported a compound

annual growth rate (CAGR) of 38.99 per cent in revenuesover the past three years.

About the Company


2-1-89 and 90,opposite APSTRCbus depot, Subash Gunj,Zaheerabad – 502 220, MedakDistrict, Andhra Pradesh

Key Suppliers Rama Agro FarmsYashaswi Agro Farms


Leverage Analysis


31-Mar-2007 31-Mar-2008 31-Mar-2009

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

25

30

%


33


37%

63%


36/64

Nitte Education Trust

7th Floor, Rambhavan Complex,

Kodialbali,Mangalore – 575 003, KarnatakaTel: +91 824 2441025Fax: +91 824 2204305Email: [email protected],

[email protected]: www.nitte.ac.in

25 years

Industry Education


Brands Not applicable


None

Bankers Syndicate BankCorporation Bank

Auditors M R Kamath,Chartered AccountantsCar Street, Mangalore – 575 001,Karnataka

Fact Sheet



Legal status Trust

Promoter Mr. N V Hegde


Administrative

office



Key Customers Not applicable


Nitte Education Trust provides education to undergraduate,

graduate, and post graduate students. It currently has 22

institutes, offering courses in medicine, dental, pharmacy,

physiotherapy, nursing, engineer ing, business

management, commerce, computer application, and

polytechnic. The institute has 80 per cent placement track

record for management courses and 55 per cent for

engineering courses. The trust also runs a charitable

hospital under the name, 'K S Medical Academy' which has

a capacity of 700 beds, the occupancy rate being 80 per

cent.

About the Trust

Service faci li ty Udupi, Mangalore, Bengaluru

Key Suppliers Not applicableLeverage Analysis

Income and Profitability Trend

0.00

0.20

0.40

0.60

0.80

Total outside


worth


worth

T i m e s

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

25

30

35

40

%


31-Mar-2007 31-Mar-2008 31-Mar-2009

34



37/64

Omkar Speciality Chemicals Private Limited

The company manufactures pharmaceutical intermediates

including selenium, iodine derivatives, resolving agents,

cobalt derivatives, molybdenum and vanadium. These are

used in life-saving drugs, including, anti-cancer, anti-

cholesterol, anti-asthmatic, and anti-diabetic. The

company has an in-house research and development unit

engaged in development of new molecules and

formulations. The company also has a quality assurance

department, which undertakes testing of products at each

level of the manufactur ing process.

About the Company

Leverage Analysis


B- 34, MIDC, Badlapur,Thane - 421 503,

MaharashtraTel: +91 251 2691602Fax: +91 251 2697347Email: [email protected]: www.omkarchemicals.com

27 years

Industry Chemicals - Speciality

End-user industries Pharmaceutical companies

Brands None


None


Auditors Sidharth Sinkar & Associates,Chartered Accountants502, Prasad Apartment,

Chaphekar Bandhu Marg,Mulund (East),Mumbai - 400 081, Maharashtra

Fact Sheet

Rating CRISIL Rating: SME 1Valid till August 30, 2010



Promoter Mr. Pravin Herlekar

SSI Reg no. 112481531




Key Customers Dr. Reddy's Laboratories LtdAurobindo Pharma LtdTeva APL India Ltd



Unit - IW-92A, MIDC, Badlapur,Thane, Maharashtra

Unit - IIF-24, MIDC, Badlapur,Thane, Maharashtra

Unit - III

F-10/1, MIDC, Badlapur,Thane, Maharashtra

Key Suppliers Kantilal Sanghvi & CompanyTrigon Gulf FZ CompanyP D Enterprises

0.00

1.00

2.00

3.00

4.00

Total outside


worth


worth

T i m e s

0

1,000

2,000

3,000

4,000

5,000

6,000

2006-07 2007-08 2008-09

R s .

L a k h

0

5

10

15

20

%


31-Mar-2007 31-Mar-2008 31-Mar-2009

35



38/64

Fact Sheet

Park Exports

Rating

Year of establishment

Legal status

Administrative office

Number of employees

Key Customers

Key Suppliers

Experience in the

business

Industry

End-user industries

Brands

Certifications andawards

Bankers

Auditors

NSIC-CRISIL Rating: SE 1A

Valid till October 22, 2010

1980

Proprietorship

SSI Reg no. 09 015 12 00778

42/141, Krishna Kunj,

Billochpura, Mathura Road,

Agra - 282 002, Uttar P radesh

Tel: +91 562 2601664Email: [email protected],

[email protected]

Website: www.parkexports.com

Manufacturing facility Same as above

238


Wilh Hamm, Austria

Reno, Germany

Gebra, Germany

Ara, Germany

Park Leather Company

Eskay Sales Corporation

Unisol India Pvt Ltd

NTC Leather

J S Plastic & Leather Wear

30 years

Leather and leather products

Footwear

None

ISO 9001 : 2008

(valid till June 30, 2010)

Canara Bank

Rallan and Company,

Chartered Accountants

4-D Kaveri Centre, 1st floor,

57/2 Sanjay Place, Agra,

Uttar Pradesh

Promoter Mr. Nazir Ahmad

About the FirmThe firm manufactures footwear for men, women, and

children. The firm export s its product s to countries such as

England, and Canada. All the manufacturing activities are

undertaken in-house. The firm has an in-house designing

team and also offers customised products. The firm has an


compound annual growth rate (CA

crisil analysis 50 leading smes

Documents