INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011

PAGE NO. : 1

MIRA INFORM REPORT
Report Date : 27.05.2011

IDENTIFICATION DETAILS Name : Registered Office : BASF INDIA LIMITED 1 Floor, Vibgyor Towers, Plot No. 62, ‘G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra India 31.03.2010 13.05.1943 11-003972
st

Country : Financials (as on) : Date of Incorporation : Com. Reg. No.:

ISIEmergingMarketsPDF in-adfactor from 203.115.115.2 on 2011-12-15 01:37:27 EST. DownloadPDF.

Capital Investment / Paidup Capital : CIN No.:
[Company Identification No.]

Rs.407.700 Millions

L33112MH1943FLC003972 MUMB00133A
& Collection

TAN No.:
[Tax Deduction Account No.]

Legal Form :

A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchange. Manufacturing and marketing of expandable polystyrene (styropor), carbendazim, leather auxiliaries (organic chemicals), oil and well chemicals, leather auxiliaries, finishing agents and pigments, leather chemicals and auxiliaries including metal complex, dyes and acrylic polymers, pesticides and dyestuffs and other chemicals. 990 (Approximately )

Line of Business :

No. of Employees :

RATING & COMMENTS MIRA’s Rating : Aa (78)

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

Downloaded by in-adfactor from 203.115.115.2 at 2011-12-15 01:37:27 EST. ISI Emerging Markets. Unauthorized Distribution Prohibited.

INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011
RATING 71-85 Aa STATUS Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums USD 34630000 Good Regular Clear

PAGE NO. : 2
PROPOSED CREDIT LINE Large

Maximum Credit Limit : Status : Payment Behaviour : Litigation : Comments :

Subject is a part of multinational BASF group. Financial position of the company is sound. Directors are reported to be experienced and respectable businessmen. Trade relations are reported as fair. Business is active. Payments are regular and as per commitments. The company can be considered good for normal business dealings at usual trade terms and conditions.

NOTES : Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, ISIEmergingMarketsPDF in-adfactor from 203.115.115.2 on 2011-12-15 01:37:27 EST. DownloadPDF. name and date.

ECGC Country Risk Classification List – April 1, 2010 Country Name India Risk Category Insignificant Low Moderate High Very High Restricted Off-credit ECGC Classification A1 A2 B1 B2 C1 C2 D Previous Rating (31.12.2009) A1 Current Rating (01.04.2010) A1

LOCATIONS Registered Office : 1 Floor, Vibgyor Towers, Plot No. 62, ‘G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India
st

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

Downloaded by in-adfactor from 203.115.115.2 at 2011-12-15 01:37:27 EST. ISI Emerging Markets. Unauthorized Distribution Prohibited.

India 83/2. Mangalore. Surathkal-Bajpe Road. India 91-22-66618000 / 66917400 91-22-24930653 pradeep.115. Navi Mumbai – 400705. . Dist. Tamilnadu Tel. No. Cathedral Road. Ankleshwar 393002. India Village Dahej. 6214/6216. Union Territory of Dadra and Nagar Haveli Tel. Dakshina Kannada District. India Tel. 91-33-22201354 Fax. 8001. 91-33-22480854 46. Chennai – 600086. Union Territory of Dadra and Nagar Haveli. India Plot No. No.2 on 2011-12-15 01:37:27 EST. Gujarat.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Corporate Office : Tel. Gujarat Tel. No. No. Worli. 91-44-28115956 203. GIDC Phase VI. 91-26581447 13/A. Chennai – 600086.115. Unit I: Unit II: Branches : Plot No. Dadra – 396191. Navrangpura. A Wing. 91-22-66917230 Bala Thokur Village.115. Maharashtra. Ahmedabad – 380009. : 3 RBC. 91-260-2668937 • • • • This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. 91-824-270670 Fax.com http://www. GIDC Phase IV. 91-2641-256022 • • • ISIEmergingMarketsPDF in-adfactor from 203. 91-44-28113561 Fax. No. No. Demni Village. 91-79-26583074 Fax. Mumbai 400018. Dr. Ankleshwar 393002. Turbhe. 91-824-270025 Ashram Road. 91-2641-256021 Fax. Karaka Building. Taluk Vagra. Bala – 574149. Karnataka. 1 Floor. Downloaded by in-adfactor from 203. No. G M Bhosale Marg. Tamilnadu Tel. Dadra – 396 191. DownloadPDF. 91-22-66917400 Fax. ISI Emerging Markets. No. Demni Village. Gujarat.: Fax No.com / shreyas. India Tel.chandan@basf.com • Thane Belapur Road. India Tel.2 at 2011-12-15 01:37:27 EST. No. India Located at • Surathkal-Bajpe Road. Maharashtra.basf-india. Dena Bank Road. No. No. Government Place East. Unauthorized Distribution Prohibited. Via Katipalla. Mangalore Taluka. Bharuch – 392130.115. No. Gujarat. Mahindra Towers. No. Dena Bank Road. Karnataka.trivedi@basf.: E-Mail : Website : Works / Factory: st PAGE NO. No.

C-12.1999 Mr. Uttar Pradesh Tel. M.2002 Dr. Pune – 411018.01.A.115.03.2000 Searle India Limited – Executive Director (2 years) Mr. S. Lala Lajpat Rai Marg. R. Hyderabad – 500029. Maharashtra Tel. 91-40-23226166 Plot No. 91-11-51596400 Fax. No. 5 Floor. 91-20-27469681 Fax. E.10. (Hons. 29 Years 02. Baumgartner Director 17. No. 150 Feet Road. No. 91-20-27464083 th • • • • ISIEmergingMarketsPDF in-adfactor from 203. Prasad Chandran Chairman and Managing Director B. DIRECTORS AS ON 31.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Fax.2010 Name : Designation : Qualification : Experience : Date of Appointment : Previous Employment: Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Mr. 91-260-2668652 • PAGE NO.04.2 on 2011-12-15 01:37:27 EST. Downloaded by in-adfactor from 203. Kanpur – 208010. Himayat Nagar.115. Kailash Enclave. No. 7304. ISI Emerging Markets.B.Sc. Harald Lauke Director 01. 91-22-25461471 Fax. Andhra Pradesh Tel. Vaz Chief Executive – Performance Chemicals 01. Lal Bahadur Shastri Marg. No. Mumbai – Pune Road.2 at 2011-12-15 01:37:27 EST. No. 91-22-25644351 147. . No. DownloadPDF.115. Diploma in Industrial Chemistry. Maharashtra Tel. 3-6-237-Lingapur La Building. Pimpri.2002 Dr.04.). Unauthorized Distribution Prohibited.2002 This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. 91-11-51596496 Post Box No.115.10. E. 91-512-2461732 17-18. New Delhi – 110048 Tel. : 4 502A. Mumbai – 400078. No. No. Bhandup (West). Kumarasamy Chief Executive – Crop Protection Chemicals 18. Jajmau.

Downloaded by in-adfactor from 203. Ramaseshan Director This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. R.2 on 2011-12-15 01:37:27 EST. Burgert Director 01.2001 PAGE NO. . Pigments and Printing Inks 01. Nair Director 30. Specialities.04.1999 Dr.2004 Mr.2 at 2011-12-15 01:37:27 EST. Ramnath Director Mr. K.1968 Mr.115.02. Pradip P. R. S.07. Rainer Diercks Director Mr. Hilgemann Director 28.1975 Mr. Naik Chief Executive – Dispersions.10. R. Khanolkar Director Dr. S.1998 Mr. Shah Director 31. Raman Ramachandran Director Mr. Shah Director 25.115. G.03. A.10. Coorlawala Director 10. Deepak Thuse Director Mr. DownloadPDF. Unauthorized Distribution Prohibited.115.04. : 5 Mr. E.2000 Mr. ISI Emerging Markets.115. L. W.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Date of Appointment : Name : Designation : Name : Designation : Name : Designation : Name : Designation : Name : Designation : Name : Designation : Name : Designation : Mr.01.1999 ISIEmergingMarketsPDF in-adfactor from 203. R. S. Boon Yeow Yee Director 21. Tilman Krauch Director Mr. Mr.

155 296.743.743.2 at 2011-12-15 01:37:27 EST.735 2.33 73. Pradeep Chandan Secretary MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN As on 31.2011 Total Shareholding ISIEmergingMarketsPDF in-adfactor from 203. of Shares This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. : 6 KEY EXECUTIVES Name : Designation : Name : Designation : Mr.174 0.02 2.115. R. a % of total as No. of Shares (A) Shareholding of Promoter and Promoter Group (1) Indian (2) Foreign Bodies Corporate Sub Total Total shareholding of Promoter and Promoter Group (A) (B) Public Shareholding (1) Institutions Mutual Funds / UTI Financial Institutions / Banks Central Government / State Government(s) Insurance Companies Foreign Institutional Investors Sub Total (2) Non-Institutions 6.115.54 31.743.830.220 73.054. M.69 6.2 on 2011-12-15 01:37:27 EST.44 3.40 0.115. Downloaded by in-adfactor from 203. . Iyer Company Secretary Mr. Y.220 31. R.472.927 1.115. Unauthorized Distribution Prohibited.327 30 1.33 Category of Shareholder Total No.220 31.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Name : Designation : Name : Designation : Mr. DownloadPDF. Vaidya Director Mr.33 73.03. ISI Emerging Markets. Hermann Althoff Director PAGE NO.

pesticides and dyestuffs and other chemicals. DownloadPDF. .67 0. 0.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Bodies Corporate Individuals Individual shareholders holding nominal share capital up to Rs.589 294.27 1.115. carbendazim.13 26. dyes and acrylic polymers. Total (A)+(B)+(C) 43.100 million Individual shareholders holding nominal share capital in excess of Rs.252 8.301 291.164 4.68 0.974.67 100.542. finishing agents and pigments. leather auxiliaries (organic chemicals).285.712. leather auxiliaries.03.56 5. Downloaded by in-adfactor from 203. oil and well chemicals.115.420 43.2010 Particulars Expandable Polystyrene (Styropor) Engineering Plastics **** Leather Auxiliaries (Organic Chemicals) Unit MT MT MT Installed Capacity 30000 9000 15000 This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.01 20.00 100.00 ISIEmergingMarketsPDF in-adfactor from 203. 0. ISI Emerging Markets.2 at 2011-12-15 01:37:27 EST.100 million Any Others (Specify) Non Resident Indians Trusts Sub Total Total Public shareholding (B) Total (A)+(B) (C) Shares held by Custodians and against which Depository Receipts have been issued (1) Promoter and Promoter Group (2) Public Sub Total PAGE NO.285.246 11. Product Description Synthetic Tanning Agents Expandable Polystyrene Carbendazim Other Item Code No 32021000 39031100 38082000 38089390 Products : PRODUCTION STATUS AS ON 31.049 3.62 0.2 on 2011-12-15 01:37:27 EST. leather chemicals and auxiliaries including metal complex. : 7 1.115.742. Unauthorized Distribution Prohibited.192 701.115.640 - 13.640 BUSINESS DETAILS Line of Business : Manufacturing and marketing of expandable polystyrene (styropor).

.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Leather Auxiliaries. DownloadPDF.A. : 8 7350 67225 MT MT 6700 905 GENERAL INFORMATION No. Lower Parel.90.115. Maharashtra. Maharashtra.115. • HDFC Bank Limited • BNP Paribas Facilities : Bank Overdraft /Facilities of Rs. Mumbai 400013.V. .2 on 2011-12-15 01:37:27 EST. India • Union Bank of India • Bank of America N. India • Mitsui Bank Limited Fort. Mumbai-400001. • Citibank N. Maharashtra. Senapati Bapat Marg. Kamala Mills Compound. Madame Cama Road. MT MT PAGE NO.115. Vereinigte Staaten ISIEmergingMarketsPDF in-adfactor from 203. Unauthorized Distribution Prohibited. Mumbai-400021. of Employees : Bankers : 990 Approximately • State Bank of India. Downloaded by in-adfactor from 203. • Deutsche Bank • Standard Chartered Grindlays Bank Limited • ABN Amro Bank N. Finishing Agents and Pigments Leather Chemicals and Auxiliaries including Metal Complex Dyes and Acrylic Polymers Pesticides Optical brightening agents *** Thermal Developers and Color Former *** *** Production facility of amalgamating company at Ankleshwar site **** Production has commenced during 2009-10.115.2 at 2011-12-15 01:37:27 EST. India Internal Auditors : Mahajan and Aibara Chartered Accountants Memberships : Confederation of Indian Industry This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.500 millions Banking Relations : Auditors : Name : Good Deloitte Haskins and Sells Chartered Accountants BSR and Company Chartered Accountants Address: KPMG House. ISI Emerging Markets.A. 448.

. NV • BASF Petronas Chemicals SDN BHD • BASF Styrenics Private Limited • BASF AG • BASF Company Limited • BASF Japan Limited • BASF Bangladesh Limited • P.V. T. . Dohmen Italia • BASF Curtex S. : 9 • BASF Agro B.V. • BASF JCIC Neopentylglycol Company • BASCOM AG • BASF Industries Private Limited • BASF Taiwan Limited • BASF (Thai) Limited • BASF Vita ISIEmergingMarketsPDF in-adfactor from 203. A. ISI Emerging Markets. A.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Holding Company : Associates : BASF SE PAGE NO. DownloadPDF. Downloaded by in-adfactor from 203.2 on 2011-12-15 01:37:27 EST. Unauthorized Distribution Prohibited.115. BASF South East Asia Pte Limited BASF Taiwan Limited BASF Uruguay S.115. Arnhem (NI) BASF Agro B. • BASF Kanoo Gulf Fze • Bassell Polyolefin Company. BASF Finlay Private Limited BASF Phillipines Inc. BASF (Malaysia) SDN BHD PT BASF Indonesia BASF China Limited BASF Colorants and Chemicals Company Limited BASF Drucksysteme Schweiz GmbH Elastogran GmbH Elenac GmbH Kali Und Salz Betelligungs AG BASFD Industries Private Limited BASF Agro B.115.115.V.Wedneswil Branch BASF Asia Pacific Service Centre SDN. BHD BASF Chemtrade Gesellschafr MBH BASF Chemicals and Polymers Pakistan (Private) Limited BASF (China) Company Limited BASF Coating (India) Private Limited BSFA Company Limited BSFA Construction Chemicals (India) Private Limited BSFA East Asia Regional Headquarter Limited This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.A. Subsidiaries : • • • • • • • • • • • • • • • • • • • • • • • • • BASF Curtex S. BASF Indonesia • BASF Finlay Private Limited • Funfte BASF Projektentwicklungsgesellschaft MBH • BASF Corporation • M.2 at 2011-12-15 01:37:27 EST.

2010 Authorised Capital : Rs. CAPITAL STRUCTURE As On 12.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 • • • • • • • • • • BSFA Construction Chemicals.115. 432. ISI Emerging Markets.115. .2010 Authorised Capital : This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. : 10 ISIEmergingMarketsPDF in-adfactor from 203.08.115.597 millions Issued Subscribed & Paid-up Capital : Rs. Unauthorized Distribution Prohibited. BASF Specially Chemicals Distribution Gmbh Elastrong Italia Spa (Elit) K+S Akitengesellscaft BTD Speciality Chemicals PAGE NO.2 at 2011-12-15 01:37:27 EST.L BSFA Pakistan (Private) Limited BASF Polurethanes (Malaysia) SDN BHD BASF Polurethanes (Taiwan) Company Limited BASF Turkey Kimya Sanayi Ve Ticaret Limited STI. Downloaded by in-adfactor from 203. DownloadPDF. 543. Dubai BASF Espanola S.849 millions As On 31.2 on 2011-12-15 01:37:27 EST.115.03.

115. of Shares 40769987 Type Equity Shares Value Rs.2 at 2011-12-15 01:37:27 EST. an affiliate of the Holding Company. Holding Company and its affiliates .450. ISI Emerging Markets.319.f.912 (Previous Year .Each Amount Rs.10/. 2010 (Refer Schedule 19(2)).407.f.. Switzerland. .000 Millions Issued No.6.1. [all figures are in Rupees Millions] ABRIDGED BALANCE SHEET SOURCES OF FUNDS SHAREHOLDERS FUNDS 1] Share Capital 2] Share Application Money 31.4. Downloaded by in-adfactor from 203.Nil) Equity Shares are held by Ciba International Inc. .2010 31.2008 407.700 Equity Shares in-adfactor as fully paid pursuant 2011-12-15 without payment being received in cash and 15. 2001.700 0.03.579.000 This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.10/. the holding company. February 1.900 0. of Shares 45000000 Type Equity Shares Value Rs.242) Equity Shares are held by BASF SE.667 (Previous Year .20.10/.965.03.066.000 281. .948 shares were allotted to the erstwhile shareholders of Cyanamid Agro Limited (CAL) consequent to the amalgamation w. of Shares 40769305 Type Equity Shares Value Rs. Unauthorized Distribution Prohibited.20.000 281. : 11 Amount Rs.700 Millions Subscribed & Paid-up Capital : No. .115.988 (Previous Year .Each PAGE NO.12.839 shares were allotted to the erstwhile shareholders of Ciba India Limited and Ciba Research (India) Private Limited consequent to the amalgamation w. an affiliate of the Holding Company.900 0.115. .INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 No.407. DownloadPDF.035.03.2 onto a contract 01:37:27 EST. April 1.400 Equity Shares were allotted as fully paid Bonus Shares by way of capitalisation of Reserves.700 Millions Of the above – Issued for consideration other than cash ISIEmergingMarketsPDF were allotted from 203.e.771.941. .e.2009 31.Nil) Equity Shares are held by BASF Specialty Chemicals Holding GmbH.115.Each Amount Rs.

700 2183.500 Total Current Assets 9972.2 at 2011-12-15 01:37:27 EST. ISI Emerging Markets.000 0.900 3918.200 2045.900 81.600 CURRENT ASSETS.000 0.000 0.400 1168.000 8657.03.100 344.800 0.000 0.400 211.100 Less : CURRENT LIABILITIES & PROVISIONS Sundry Creditors 3281.2008 (A) This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.115.500 2288.700 0.600 0.200 1586.800 2656.000 102.000 23.400 277.900 9118.800 Sundry Debtors 2580.800 PROFIT & LOSS ACCOUNT PARTICULARS SALES Sales Other Income TOTAL Less EXPENSES Raw Material Consumed 6292.900 31.800 Cash & Bank Balances 1638.115.200 Net Current Assets 5953.115.800 0.000 3918.500 90.200 9072. Downloaded by in-adfactor from 203.000 3396.000 46.200 1249.000 8657.800 1259.03.100 95.000 68.000 3852. .600 40.000 8657.700 Current Liabilities 195.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 3] Reserves & Surplus 4] (Accumulated Losses) NETWORTH LOAN FUNDS 1] Secured Loans 2] Unsecured Loans TOTAL BORROWING DEFERRED TAX LIABILITIES TOTAL APPLICATION OF FUNDS FIXED ASSETS [Net Block] Capital work-in-progress INVESTMENT DEFERREX TAX ASSETS 2433.900 MISCELLANEOUS EXPENSES TOTAL 0.100 3894.000 Loans & Advances 2258.000 1513.000 ISIEmergingMarketsPDF in-adfactor from 203.000 65.000 0.700 0.2010 31.900 124.300 4945.100 1849.000 977.600 0.000 0.300 13816.300 0.000 3396.000 1372.000 0.800 1285.000 0.100 2009. : 12 3570.500 Total Current Liabilities 4018.000 Provisions 542.700 PAGE NO.03.2 on 2011-12-15 01:37:27 EST.900 0. LOANS & ADVANCES Inventories 3495.000 0.200 90.000 0.000 85.400 11156.000 119.700 6072. DownloadPDF.115.000 3396.900 8250.200 3114.200 11258.400 0.500 13941. Other Current Assets 0. Unauthorized Distribution Prohibited.000 128.000 4971.100 336.2009 31.

900 6827. DownloadPDF.200 12.12.900 This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.200 566.200 25.115.2 at 2011-12-15 01:37:27 EST.000 754.300 24. Downloaded by in-adfactor from 203.300 492.600 968.115.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Purchased of finished goods Other Expenses Increase/(Decrease) in Finished Goods TOTAL (B) Less PROFIT BEFORE INTEREST.100 2650.2010 6636.800 48.600 0.500 31.400 1774.500 2.06 QUARTERLY RESULTS Particulars (Rs in Millions) Net Sales Total Expenditure PBIDT (Excl OI) Other Income Operating Profit Interest 31.000 PROFIT BEFORE TAX. TAX.200 6502.900 284.700 12. 598.800 875.100 2252.900 14.200 23.800 Less 8.100 30.000 27.800 151.700) 10011.400 71.500 783.500 1782.115.100 391.100 0 783.400 29.400 0 192.300 4772.115.500 14.300 593.400 930.700 686.500 192.200 1223.100 4.09. DEPRECIATION AND AMORTISATION (C-D) (E) Less/ Add DEPRECIATION/ AMORTISATION (F) 260.100 30.00 3858.600 3233. .800 3215.300 101.700 (84.600 900.2010 7019.400 1290. Unauthorized Distribution Prohibited.300 4723.800 0 826.800 1066.900) 12158.2010 6586.03.600 136.000) 8040. ISI Emerging Markets. DEPRECIATION AND AMORTISATION (A-B) (C) FINANCIAL EXPENSES (D) 3125.600 1246.800 1.100 1080.100 1504.300 826.100 1078.900 PAGE NO.100 608.600 5803.800 0.900 (475.000 PROFIT BEFORE TAX (E-F) Less TAX PROFIT AFTER TAX (G-H) EARNINGS IN FOREIGN CURRENCY Export Earnings Commission Earnings Other Earnings TOTAL EARNINGS IMPORTS Raw Materials Capital Goods Stores & Spares Finished Goods TOTAL IMPORTS Earnings Per Share (Rs.2 on 2011-12-15 01:37:27 EST. : 13 1527.100 370.300 0 284.2011 6787.900 1231.16 2451.200 6350.800 762.) (G) (H) (I) 1513.900 676.000 336.100 5809.700 545.200 (237.06.700 ISIEmergingMarketsPDF in-adfactor from 203.200 21.

BIL's sugicides (Bavistin and Calixin) are regularly exported to the parent company.7 millions to set up a chemical complex at Mangalore to manufacture leather chemicals and auxiliaries including metal complex dyes and polymer dispersions.2 at 2011-12-15 01:37:27 EST. In addition. pesticides and oil well chemicals. and dyestuffs for the carpet/hosiery industries. tanning agents.17 0. Unauthorized Distribution Prohibited. which also holds a 50% stake in the company. with technical know-how from Subject.2009 6. .27 ISIEmergingMarketsPDF in-adfactor from 203. 0. Commercial production commenced in Mar.2008 6. This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.900 0 488.03. leather chemicals. Germany.115.900.500 0.800 20. as well as auxiliaries for the paper industry.000 millions.86 2. it again raised Rs.03.54 2.000 120.94 10.000 824. It got its present name in Sep.600 KEY RATIOS PARTICULARS PAT / Total Income Net Profit Margin (PBT/Sales) Return on Total Assets (PBT/Total Assets} Return on Investment (ROI) (PBT/Networth) Debt Equity Ratio (Total Liability/Networth) Current Ratio (Current Asset/Current Liability) (%) (%) 31.38 18.46 0.11 LOCAL AGENCY FURTHER INFORMATION BIODATA Subject was incorporated as R A Cole Private Limited in May'43 and its name was changed to Indoplast Ltd in Jan '63.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 Exceptional Items PBDT Depreciation Profit Before Tax Tax Provisions and contingencies Profit After Tax 0 259.000 140. In Jan.03.38 0.51 10.800 119.400 735. It is managed by the chairman and managing director P M Thampi.'95.2 on 2011-12-15 01:37:27 EST. aggregating Rs. : 14 0 779. Germany. DownloadPDF.95 31. Germany.000 89.20 17.900 89.100 46.000 236. Subject.115.69 0.200 0 163. BIL has a technical collaboration with BASF AG. Downloaded by in-adfactor from 203.191.2010 6.000 456.09 9.40 1.575. it came up with a rights issue at a premium of Rs. it manufactures herbicides (basalin) and insecticides (basathrin). Millions by way of a rights issue in the ratio 2:5 at a price of Rs 125 per share to part finance the expansions and new projects at its plants in Mangalore and Thane. BIL manufactures expandable polystyrene (styropar).25 (%) 12.000 690.115.500 0.000 233.'96.600) 0. In 1996.800 PAGE NO.'67.200 (190.28 0.115.600 0. It has manufacturing facilities at Thane and Bokaro.300 117.500 246. waterproofing agents for the construction industry. ISI Emerging Markets.65 31.

The Chemical business performance during the year under review was lower. paper. The survey has forecasted strong GDP growth and expects it to scale 9% by 2012.115. dispersions. India's agricultural sector is expected to rebound strongly in the current year. Overall. Overall capacity utilization was higher compared to the previous year. the index for chemical products in 2009-2010 is expected to grow at an impressive rate of 11%. consumer durables. Visible signs of global economic recovery and stabilization surfaced as industrial production and trade world over picked up by the second half of the calendar year 2009. The Indian economy escaped the worst effects of the crisis due to sound economic policies and financial measures. The Agricultural Solutions business recorded substantial increase in sales and profits during the year ended 31st March. Unauthorized Distribution Prohibited. over the previous year. . the growth in the agriculture sector has shown a decline of 0.f5th July 2000. improved operating results of the Agricultural Solutions. The export sales at Rs. both in volume and value terms. Profit after tax at Rs. Sales at Rs. the Company has successfully commissioned the Engineering Plastics Compounding plant at its Navi Mumbai factory. which will cater to the requirements of the automobiles.2 on 2011-12-15 01:37:27 EST. During the year under report. automobiles.2%.115. The Plastics business recorded higher sales and profits compared to the previous year. Performance Products and Plastics businesses. The Company's products cater to many end-use industries. In line with the manufacturing industry. 609 million during the year under report represented an increase of 7% over the previous year. The share swap ratio has been determined by the board of directors at two equity shares of subject (of Rs.1 million was higher by 41% compared to the previous year. providing the much needed thrust to export dependent industries like textiles This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.2 at 2011-12-15 01:37:27 EST. However. DownloadPDF.7% in 2008-2009.10 each fully paid-up). Financial Results Activities The performance of the Company during the year under report registered an impressive growth over the previous year. : 15 In a major move. the board of directors of subject has approved the scheme of amalgamation of Cyanamid Agro (CAL) with the company effective from 1 Jan 2001.115. The resilience of the Indian economy was evident as the GDP growth was stable at 6. as against 3.115. Downloaded by in-adfactor from 203. The economic scenario in the advanced countries also showed marked signs of revival in the latter part of 2009-10. With poor monsoon leading to a decline in the production of food grains and oilseeds. construction. 2010 mainly due to higher realizations. leather and textiles.9% in 2009-2010.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 The Company's Mangalore factory has obtained ISO 9002 certification w. MANAGEMENT DISCUSSION AND ANALYSIS REPORT: The fiscal year 2009-10 saw the world economy slowly but surely emerge out of the deep trenches of the economic recession following the global financial crisis. electrical and electronic industries. 968. textiles. 1514 million during the year ended 31st March. PAGE NO. including agriculture. effective working capital management and several marketing initiatives undertaken including introduction of new products during the year under report. as against the modest growth of 4% in the last year.2% in 2009-10. 14655 million and Profit before tax at Rs. 2009 and gained momentum in subsequent months. etc. the manufacturing sector is expected to grow at about 8. specialty and leather chemical businesses registered increase in sales. with stable monsoon expected and continued government initiatives. 2010 represent an increase of 18% and 40% respectively. This substantial increase in profit before tax was mainly on account of higher capacity utilization. The Performance Products segment which include care chemicals. Pharmaceuticals.10 each fully paid-up) for five equity shares of CAL (of Rs. electronics. compared to the previous year mainly due to reduced market uptake in ISIEmergingMarketsPDF in-adfactor from 203. and the Economic Survey for 2009-2010 pegged India's GDP growth at 7. certain segments and lower prices.e. ISI Emerging Markets. The Indian manufacturing sector started picking up since June.2% in the previous year. Strong performance of these end-use industries is a pre-requisite for the healthy growth of the Company.

automobile and oil. The plastics additives business saw improved sales. Through this program. both in value and volume terms. The outlook for the Textiles Chemicals business looks reasonably optimistic.115. specialized fabric testing and certification. water consumption. spacing and timely usage of agrochemical inputs. the year 2010 looks optimistic in terms of the global demand. herbicides. the domestic demand is likely to drive the textiles market in a positive direction. India's agricultural sector is expected to rebound in the current year. fungicides and specialties. which is a yield enhancement program. the Company has successfully launched three new prosperity products. Eco-friendly chemicals. energy. post global economic crisis. However.2 at 2011-12-15 01:37:27 EST. Performance Products Research and Development experts from leading cosmetics companies try their hands at the newly launched Color Trends 2010 organised by the Care Chemicals division. DownloadPDF.115.for the chemical industry thus remains optimistic. The Company's Samruddhi (prosperity) program. including textile. has received wide acceptance within the farmer community. along with strengthening of the development. in which the Company has products to offer. 'Cabrio Top' in Fungicide segment and 'Stomp Xtra' in the Herbicide segment. The textiles chemicals business achieved good growth. Agricultural Solutions The Agricultural Solutions business includes insecticides. including most of the end use industries. Despite this. Unauthorized Distribution Prohibited.2 on 2011-12-15 01:37:27 EST. mainly by virtue of insecticides market getting upgraded to new chemistries.115. Fungicides and Herbicides segments. Innovative and cost-effective product development. energy management and effective knowledge management will drive the global polymers industry in This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. fertilizers. Food grain production in 2009-10. plastics and coatings. leather. will be the key drivers for growth in the coming years. This business caters to the requirements of a wide spectrum of industries. Efforts to expand the product portfolio will continue. however. These new products will add value to the existing market product portfolio and favorable response to these products is foreseen. The textiles chemical market comprises diverse players in terms of size. seed. The Performance Products business includes performance chemicals and functional polymers. New opportunities are expected in following segments Home Textiles. also registered growth. finishing and pigments printing businesses. Despite these concerns. The Herbicides business was impacted during the year due to delayed and deficit monsoon. The shoe upper and safety shoes production business. Improved economic scenario and general stability will aid the demand for end-use industries where the Company's products are supplied. with continued government initiatives and positive monsoon forecast. is now on a recovery path. Leather chemical business witnessed a slow recovery in the second half of 2009. ISI Emerging Markets. In addition. which offer resource savings. from single product suppliers to suppliers offering chemicals for the entire value chain. expansion of marketing initiatives and consolidating and building on the various strategic measures initiated in the earlier years. Increasing raw material prices and weakening rupee are serious concerns for this business. The outlook. due to the demand from US and EU markets. namely 'Verismo' in Insecticide segment. Downloaded by in-adfactor from 203. The general improvement in global economy would boost higher growth for export dependent industries. Technical Textiles. Better packaging offered by the Company has yielded good results in the pre-treatment. During the year. the crop protection market grew by 8-10%. . along with added services such as process optimization. estimated at 217 million tons. the farmers are educated about usage of ISIEmergingMarketsPDF in-adfactor from 203. technical services and marketing teams. is lower by 7.2% as compared to the previous year due to poor monsoon. sale of domestic antioxidant business was lower during the year. the domestic demand in 2010-11 is expected to remain healthy. Several cost optimization measures initiated during the previous year were fully implemented across all the product groups of textile and leather chemicals during the year under review. consolidation of capacities across the polymer value chain. detergent formulators. especially from US and EU markets. Upholsteryleather production was the worst affected during the year. The leather chemicals business recorded marginal increase in sales. All these indicators are expected to generate an improved demand for chemical products. During the year. The Agricultural Solutions business continued its growth due to introduction of new products. However. the Company strengthened its product portfolio by addition of the polymers business of erstwhile Ciba.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 PAGE NO.115. : 16 and leather. Despite inflation worries gripping the Indian economy. .

polymer usage will increase. given the positive outlook for manufacturing in the country. business. The strengthened product portfolio will provide the customers with better value proposition. construction and packaging industries.2 on 2011-12-15 01:37:27 EST. agro. : 17 the near future. economic growth. packaging and constructions. to the regulatory complaint vitamins. However. Effective pricing policy has enabled the Company to sustain profitable performance in this business. resulting in good demand for water treatment solutions. graphic and writing-printing paper segments. The Company acquired the process lubricant additive business from erstwhile Ciba and this has strengthened the product portfolio further and facilitated to serve both the oil and the automotive industries better. General economic slowdown. The Paper Chemicals business registered significant growth during the year. with the revival of sugar and mining industries. Downloaded by in-adfactor from 203.115. Detergents and Cosmetics business was strengthened with the addition of the erstwhile Ciba products into this business. which were complementary to the Company's existing products. The Pharma sector witnessed growth and BASF has been successful in making new chemistries for Pharma. especially in passenger vehicles and two wheelers segment. FIXED ASSETS • • • • • • • • Freehold Land Leasehold Land Buildings and Ownership Flats Plant and Machinery Furniture Fixtures and Equipments Vehicles This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. The Paper Chemicals business is expected to further grow in the coming year. while the Dispersions business was aligned according to the customer target industries into the Dispersions and Pigments business to cater to the needs of coatings. high consumption of packaging and increasing literacy rates are the main growth drivers of this industry. food fortification and dietary supplements.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 PAGE NO. Prospects of this business depend on the growth of the FMCG and Pharmaceuticals sectors. with its comprehensive product portfolio and technical expertise. with substantial growth in sales as compared to the previous year.115. Dispersions and Pigments division supports its customers to continuously improve their products in industries like adhesives. cosmetics and detergents.115.The Nutrition business of the Company is also well poised to grow in emerging segments like value added food and beverages. The Acrylics Monomer business was integrated with the Petrochemicals business. . This was due to the growth of the Automotive Sector. volatility in pricing of feed stocks and exchange rate fluctuation are potential threats to the overall business.2 at 2011-12-15 01:37:27 EST.115. printing. The Care Chemicals business showed encouraging growth. active pharmaceutical ingredients and excipients. driven by increase in disposable income and changing lifestyles. Growth areas for paper industry were mainly in the areas of art. The Paper Chemicals ISIEmergingMarketsPDF in-adfactor from 203. Overall. The Automotive and Refinery Chemicals business of the Company witnessed a good year. Growth areas for this business have been identified in segments like disintegrates. This business ranges from the eco-friendly surfactants and polymers in the area of textile. Unauthorized Distribution Prohibited. resulting in higher utilization of the manufacturing capacity. The Water Treatment solutions business was severely affected due to lowering of the plant capacities. The Company continues to be a leading supplier in coolants to the major OEMs in the country. ISI Emerging Markets. DownloadPDF. was able to cater to the needs of the industry from the wet-end to paper coatings chemicals.

Mangalore. 2007 – BASF today celebrated the opening of its new plant in Mangalore. : 18 Subject is the flagship company of the BASF Group in India. Subject is headquartered in Mumbai. who is responsible for the global leather business at BASF. they are NMP-free.115. the Eukesolar plant will provide the Indian leather industry with major benefits. acrylic polymers in primary forms and crop protection chemicals.115.115. “The establishment of the Eukesolar plant is part of BASF’s strategy to continually strengthen its commitment to the Indian market. DownloadPDF. leather dyes. Together with the new service centre in Thane. Unauthorized Distribution Prohibited. with manufacturing facilities in Thane.always one idea ahead! This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. BASF Group in India and Head South Asia.” said Thomas Sattler. “This production facility in Mangalore will help us to maintain the leading position as the complete solution provider in the South Asian leather industry. India. Located in Mangalore. including a broad portfolio of technical support.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 AS PER WEBSITE DETAILS: PROFILE: PAGE NO. leather chemicals and auxiliaries including specialised metal complexdyes. Eukesolar® E liquid spray dyes offer a broad variety of striking colors. Subject manufactures and markets expandable polystyrene.115. dispersions and speciality chemicals. The company is listed on the National Stock Exchange and the Bombay Stock Exchange. textile chemicals. which will manufacture Eukesolar® dyes for the leather tanning industry. ISIEmergingMarketsPDF in-adfactor from 203. A Broad variety of striking colors. like many other BASF leather products.spotting and. and renders technical services to various industries NEWS RELEASE BASF opens new plant for Eukesolar dyes in India Major Benefits for the Indian Leather Industry.” said Prasad Chandran. BASF Performance Chemicals . tanning agents. Downloaded by in-adfactor from 203. southern India. December 5. Subject also involved in the trading of chemicals including dyestuffs and related textile auxiliaries. which is one of the most important prospective markets. Mangalore and Dadra. the new plant will leverage synergies with the leather powder dyes production that has been taking place at Mangalore for many years. Eukesolar® E dyes afford excellent resistance to water. which was inaugurated yesterday. The facility will provide customers in the growing Asian market as well as the tanning industry in other regions with a reliable supply of high-quality chemicals. .2 on 2011-12-15 01:37:27 EST. Chairman. semi-aniline and nubuck leathers. The extreme brightness and intensity of these colors make them perfect for creating special fashionable effects on aniline.2 at 2011-12-15 01:37:27 EST. advisory services and short delivery times. ISI Emerging Markets.

With a worldwide manufacturing and marketing organization. This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. As a reliable partner to virtually all industries. dispersions and specialty chemicals. BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities.115. Ciba Research (India) Private Limited. thus contributing to a better future.2 on 2011-12-15 01:37:27 EST. BASF has approximately 95. textile chemicals. As a dependable partner to stakeholders. BASF’s high-value products and intelligent system solutions help its customers to be more successful. crop protection chemicals. strengthening of its financial position.2 at 2011-12-15 01:37:27 EST. Downloaded by in-adfactor from 203. they are one of the leading suppliers in these fields. At present. the BASF Group in India is represented by more than 1400 employees having multi-location production sites and an R and D centre. construction chemicals. agricultural products and fine chemicals to crude oil and natural gas. BASF is the world’s leading chemical company: The Chemical Company. polystyrene and polyurethane systems.115. Rationale The Scheme of Amalgamation (Scheme) is pursuant to the unification of Ciba Group Companies with the BASF Group worldwide. Note on the Scheme of Amalgamation of Ciba India Limited. The Scheme would enable BASF India Limited better economics of scale. which is part of the BASF Global Technology Platform. In addition the business of Ciba Group Companies in India also complements BASF’s portfolio. subject offers innovative. Its portfolio ranges from chemicals. DownloadPDF. thus creating expanded value chain in India.115. . tanning agents. higher productivity and optimum utilization of resources. ISI Emerging Markets.1 billion) in 2006. the BASF Group in India is represented by the following companies: • • • • • • • BASF India Limited BASF Coatings Private Limited BASF Styrenics Private Limited BASF Polyurethanes India Limited BASF Construction Chemicals (India) Private Limited BASF Catalyst India Private Limited BASF Asia Pacific (India) Private Limited Activities and Product ISIEmergingMarketsPDF in-adfactor from 203.115. performance products. It combines economic success with environmental protection and social responsibility. further development and growth of R and D activities and stronger capital base. subject in India is engaged in the business of manufacturing and marketing of Styropor®. hi-tech and safe solutions.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 PAGE NO.000 employees and posted sales of €52. leather chemicals and auxiliaries. catalysts. plastics. Diamond Dye-Chem Limited with BASF India Limited. Unauthorized Distribution Prohibited. achieve synergies in business and functional areas. plastics. automotive and coil coatings. : 19 The product range of BASF's Performance Chemicals for Leather business unit includes chemicals for all wet-end and finishing processes in the leather and fur industries. With a strong manufacturing and R and D base.6 billion (approximately $66.

. Holders of less than 2 Equity Shares in Ciba India Limited shall not be entitled to issue or allotment of any shares in BASF India limited but shall receive the sale proceeds of their fractional entitlements. if any.each. ISIEmergingMarketsPDF in-adfactor from 203.2 at 2011-12-15 01:37:27 EST. Share Exchange Ratio : 90 Equity Shares of Rs.each fully paid up of BASF India Limited for every 100 Equity Shares of t he Ciba Research India Private Limited of Rs. ISI Emerging Markets. The independent merchant banker JM Ginancial Consultants Private Limited have also expressed opinion that the exchange ratios pursuant to the Scheme of arrangement are fair from a financial point of view to the holder of equity shares of BASF India Limited. This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. 10/. 10/. to which the members of Ciba India Limited.each fully paid up/ Investment to the extent of entire 100 % held by Ciba India Limited in Diamond Dye-Chem Limited shall stand cancelled. As provided in the Scheme of Amalgamation.115.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 PAGE NO. Ernst and Young Private Limited and Deloitte Touche Tohmatsu India Private Limited. Unauthorized Distribution Prohibited.each fully paid up of BASF India Limited for every 100 Equity Shares of the Ciba India Limited of Rs. the functional share entitlements will be mailed to the members of Ciba India Limited.115.115. Downloaded by in-adfactor from 203. 10/. 10/.115. DownloadPDF. Treatment of Fractional Entitlements No fractional coupons will be issued by BASF India Limited in respect of the tractional share entitlements.2 on 2011-12-15 01:37:27 EST. : 20 The Scheme was approved by the Board of Directors of the respective Companies and the valuation of the business carried out by 2 independent valuer viz. fully paid up and 18 Equity Shares of Rs.

found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering.2 on ISIEmergingMarketsPDF conviction registered against subject: 2011-12-15 01:37:27 EST.None 5] Records on Violation of Anti-Corruption Laws : Charges or investigation registered against subject: Records on Int’l Anti-Money Laundering Laws/Standards : Charges or investigation registered against subject: None 6] None 7] Criminal Records No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard. director. etc. India Prisons Service. ISI Emerging Markets. blocked.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 CMT REPORT (Corruption. Record on Financial Crime : 2] 3] 4] Charges or in-adfactor from 203. Asset Declaration : No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction. Affiliation with Government : No record exists to suggest that any director or indirect owners. controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted. Court Declaration : No exist to suggest that subject is or was the subject of any formal or informal allegations. : 21 The Public Notice information has been collected from various sources including but not limited to: The Courts.2 at 2011-12-15 01:37:27 EST. officer or employee of the company is a government official or a family member or close business associate of a Government official. Compensation Package : Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services. Downloaded by in-adfactor from 203.115. Unauthorized Distribution Prohibited. Money Laundering & Terrorism] PAGE NO. controlling shareholders.115. frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws. anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized.115. . prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties. 1] INFORMATION ON DESIGNATED PARTY No exist designating subject or any of its beneficial owners. Press Report : No press reports / filings exists on the subject. Interpol.115. DownloadPDF. 8] 9] 10] This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

: 22 MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. its Board of Directors.115.84 Rs.2 at 2011-12-15 01:37:27 EST.18 ISIEmergingMarketsPDF in-adfactor from 203.29 Rs. Unauthorized Distribution Prohibited.115. ISI Emerging Markets.115. Downloaded by in-adfactor from 203. restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject. . 45. Our Governance Assessment focuses principally on the interactions between a company’s management. 73. DownloadPDF. CONTRAVENTION Subject is not known to have contravened any existing local laws. 64.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 CORPORATE GOVERNANCE PAGE NO. This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.2 on 2011-12-15 01:37:27 EST. regulations or policies that prohibit. Shareholders and other financial stakeholders.115. FOREIGN EXCHANGE RATES Currency US Dollar UK Pound Euro Unit 1 1 1 Indian Rupees Rs.

YES --LISTED YES/NO YES --OTHER MERIT FACTORS YES/NO YES TOTAL 78 This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended.115. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. Downloaded by in-adfactor from 203.2 on 2011-12-15 01:37:27 EST. Unauthorized Distribution Prohibited.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 SCORE & RATING EXPLANATIONS SCORE FACTORS RANGE PAGE NO. . DownloadPDF.2 at 2011-12-15 01:37:27 EST.115.115. The assessed factors and their relative weights (as indicated through %) are as follows: Financial condition (40%) Credit history (10%) Ownership background (20%) Market trend (10%) Payment record (10%) Operational size (10%) This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. : 23 POINTS HISTORY 1~10 8 PAID-UP CAPITAL 1~10 9 OPERATING SCALE 1~10 9 FINANCIAL CONDITION --BUSINESS SCALE 1~10 9 --PROFITABILIRY 1~10 9 --LIQUIDITY 1~10 9 --LEVERAGE 1~10 8 --RESERVES 1~10 9 --CREDIT LINES 1~10 8 --MARGINS -5~5 DEMERIT POINTS --BANK CHARGES YES/NO NO --LITIGATION YES/NO NO --OTHER ADVERSE INFORMATION YES/NO NO MERIT POINTS --SOLE DISTRIBUTORSHIP YES/NO NO --EXPORT ACTIVITIES YES/NO YES --AFFILIATION YES/NO ISIEmergingMarketsPDF in-adfactor from 203. ISI Emerging Markets.115.

115. . Capable to meet normal commitments.INDIA@BASF_INDIA_LIMITED_-_143047_27-MAY-2011 PAGE NO. PROPOSED CREDIT LINE Unlimited Large 56-70 A Fairly Large 41-55 26-40 11-25 <10 - Ba B Ca C NB Satisfactory Small Adverse factors are apparent. Downloaded by in-adfactor from 203.115.115.2 at 2011-12-15 01:37:27 EST.115. DownloadPDF. Unauthorized Distribution Prohibited.2 onupon maturity default or expected to be in default 2011-12-15 01:37:27 EST. No caution needed for credit transaction. Satisfactory capability for payment of interest and principal sums Overall operation is considered normal. : 24 RATING EXPLANATIONS RATING >86 71-85 Aaa Aa STATUS Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums Possesses adequate working capital. General unfavourable factors will not cause fatal effect. Repayment of interest and principal sums Limited with full in in-adfactor from 203. Caution needed to be exercised New Business Credit not recommended - This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials. It has above average (strong) capability for payment of interest and principal sums Financial & operational base are regarded healthy. Capability to overcome financial difficulties seems comparatively below average. security ISIEmergingMarketsPDF Absolute credit risk exists. ISI Emerging Markets.

Sign up to vote on this title
UsefulNot useful