Trust Stamp for METALMAN INDUSTRIES LIMITED


	METALMAN INDUSTRIES LIMITED

Registered Office

Address	409, Maker Chambers V, Nariman Point, Mumbai - 400021, Maharashtra, India
Tel. No.	91-22-2844732/ 2832607/ 32571635
Fax No.	91-22-2850269
Area	3000 sq ft
Location	Owned

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SUMMARY

Incorporated	1971/05/12
Registration No.	11-15144
No. of Employees	500 (In office 70, In factory 430)
Line of Business	Manufacturer of Steel.

Status

Company is an old and established concern. Trade relations are fair.

Payments

Slow but correct.

Litigation

Clear

Auditors

Name :

S.S. Solanki and Company, Chartered Accountants

FACTORY WAREHOUSE

Factory 1	17- 19, Sanewer Road, Sukhila, Indore, Madhya Pradesh, India
Location	Owned

Factory 2	802, A/B, Industrial Area, III, Pithampura, District Dhar, Madhya Pradesh, India
Location	Owned

LEGAL FORM

Public Limited Liability companyThe companys shares are listed on the Stock Exchanges.

DIRECTORS

DIRECTORS
Name : Mr. Rajiv Lochan Soni
Designation : Chairman and Managing Director
Name : Mr. Vijay Soni
Designation : Joint Managing Director
Name : Mr. Sharang Soni
Designation : Director
Name : Mr. Nirmal Kumar Sharma
Designation : Mr. Director
Name : Mr. Jay Prakash Mathur
Designation : Director
Name : Dilip Kumar Sinha
Designation : Additional Director

KEY EXECUTIVES
Name : Ms. Megha Bhattad
Designation : Company Secretary

PRODUCTS DETAILS

Products:
Galvanised Plain and Corrugated Sheets
Cold Rolled Sheets and Strips
Black and Galvanised Pipes
Precision Steel Tubes
Hollow Steel Section
MS Plates / Chequered Plates

EXPORT DETAILS

Exports to :
Products : Steel
Countries : Dubai, Kuwait, Qatar, China, Brazil, Sri Lanka, Singapore, Mauritius, Turkey, Japan, Germany, New York, Argentina, Tanzania, Kenya, France, Algeria, Egypt, etc.

TRADING TERMS

Terms :
Selling : L/C
Purchasing : L/C

TYPE OF CUSTOMERS

Customers :
OEMs

BANKERS

Bankers :
State Bank of India
State Bank of Indore
State Bank of Bikaner and Jaipur
State Bank of Travancore
Punjab National Bank
Oriental Bank of Commerce
Bank of India
Dena Bank
Indusind Bank Limited

AUDITORS

Name :

S.S. Solanki and Company, Chartered Accountants

FINANCIAL INFORMATION

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT
Particulars 2007/03/31 2006/03/31
Sales Turnover & Other Income 3800.847 3372.476
Total Income 3800.847 3372.476
Profit/(Loss) Before Tax 67.292 54.058
Provision for Taxation 6.776 9.588
Profit/(Loss) After Tax 60.516 44.470
Expenditures :
Materials 2893.794 2645.126
Manufacturing Expenses 571.155 435.393
Employees 32.011 29.624
Interest 127.780 98.336
Depreciation & Amortization 36.072 33.376
Other Expenditure 82.164 85.984
Amount Withdrawn from General Reserve (9.421) (9.421)
Total Expenditure 3733.555 3318.418

QUARTERLY / SUMMARISED RESULTS
PARTICULARS 2007/06/30 2007/09/30 2007/12/31 2008/03/31 2008/06/30 2008/09/30
Type 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 5th Quarter 6th Quarter
Sales Turnover 936.200 902.000 954.100 885.200 992.900 987.300
Other Income 0.100 0.300 0.300 1.700 0.400 0.200
Total Income 936.300 902.300 954.400 886.900 993.300 987.500
Total Expenditure 876.800 846.600 898.900 815.400 917.100 933.900
Operating Profit 59.500 55.700 55.500 71.500 76.200 53.600
Interest 30.500 30.900 30.900 50.300 46.900 42.900
Gross Profit 29.000 24.800 24.600 21.200 29.300 10.700
Depreciation 6.000 6.100 6.100 6.100 5.900 5.900
Tax 2.900 2.000 1.900 1.500 3.100 0.600
Reported PAT 20.100 16.700 16.600 13.600 20.300 4.200

CAPITAL STRUCTURE

Capital Structure

Authorised Capital :
No. of Shares Type Value Amount
35000000 Equity Shares Rs.10/- each Rs.350.000 millions

Issued, Subscribed & Paid-up Capital :
No. of Shares Type Value Amount
11735550 Equity Shares Rs.10/- each Rs.117.356 millions
Less Due on Allotment 1992 issue (other than Directors) 0.084 million
Total Rs.117.272 millions

(Of the above 300000 Equity Shares have been issued as Bonus Shares by Capitalisation of General Reserve)

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