HINDUSTAN ADHESIVES LIMITED

Registered Office :
Address :340/2-A, G. T. Road, Shahdara, Delhi - 110095, India
Tel. No :91-11-22111379/23719734 / 41650348 / 41650347 / 26714080
Fax No :91-11-23328210 / 26191358 / 25131098
Location :Owned
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SUMMARY
Incorporated 1988/04/05
Registration No. 55-31191
No. of Employees Around 300
Line of Business Manufacturing of Self Adhesives Tapes and BOPP Films.
Status Company is an old established concern.
Payments Slow and Delayed
Litigation Clear
Auditors
Name :Salarpuria and Partners, Chartered Accountants
Address :1008 Chiranjiv Tower, 43, Nehru Place, New Delhi 110 019.

FACTORY WAREHOUSE
Factory 1 :29th Mile Stone, Village Achheja, Tehsil Dadri, District Gautam Budh Nagar, Uttar Pradesh
Location :Owned

BRANCH

Located at :
Address :P. O. Box: 3842, # 1014/1, Archana, 17 C Cross, Indira Nagar II Stage, Bangalore 560 038, Karnataka, India
Contact Person :Mr. N. K. Jain
Telephone :91-80-51269691/ 51269692
Mobile No :91-9341949249
Telefax :91-80-51269693
Address :7, Old Post Office Street, Room No. 9, Ground Floor, Opp. High Court, Kolkata 700 001, West Bengal, India
Contact Person :Mrs. Urmila Goenka
Telephone :91-33-22481313
Mobile :91-9339862056
Address :Unit No. A/15, Satyam Industrial Estate, Cadinal Gracious Road, Chakla, Andheri East, Mumbai 400 036, Maharashtra, India
Contact Person :Mr. Suresh Ajila
Telephone :91-22-28237342/ 28237352
Mobile :91-9323712183
Telefax :91-22-28237352
Address :Nawalgaria House, New 103, T.T.K. Road, Alwarpet, Chennai 600 018, Tamilnadu, India
Contact Person :Mr. Mahendra Nawalgaria
Telephone :91-44-24988162, 24988999
Mobile :91-9385215000
Telefax :91-44-24983957
Address :Anugraha, Abhilash Corner, TC/49-1409, Puthoorkkara, Ayyanthole 680 003, District Thrissur, Kerala State, India
Contact Person :Mr. C. Ravindran
Telephone :91-487- 2362036, 2361632
Mobile :91-9388537473
Telefax :91-487-2361632



LEGAL FORM
Public Limited Liability Company.The companys shares are listed on the Stock Exchanges.

DIRECTORS

DIRECTORS
Name :Mr. M. S. Bagla
Designation :Managing Director
Name :Mr. L. K. Bagla
Designation :Chairman
Name :Mrs. Urmila Goenka
Designation :Director
Name :Mr. U. C. Gaur
Designation :Director
Name :Mr. O. P. Tiwari
Designation :Director
Name :Mr. Purshotam Agarwal
Designation :Director
Name :Mr. Kailash Chand Dwivedi
Designation :Whole time Director
Name :Mr. K.C. Gupta
Designation :Director
Name :Mr. Venkateswara Rao Yedlapalli
Designation :Director
Name :Mr. P. K. Sharma
Designation :Director
Name :Mr. M. M. Haque
Designation :Additional Director

KEY EXECUTIVES
Name :Mr. S. S. Dua
Designation :Company Secretary
Name :Mr. Atul
Designation :Manager



MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN AS ON (31.03.2008)
Names of ShareholdersNo. of SharesPercentage of Holding
Promoters Holding (including foreign Promoters if any)238652947
Non Promoters Holding272977153
Total5116300100



PRODUCTS DETAILS

Products:
ITC CODEProduct Description
3919Self Adhesive Tapes
3920.32BOPP Film
Imported Cars
Tear Tapes
Adhesive Tapes
Self Adhesive Tapes
Packaging Tapes
Specialty Tapes
BOPP Tapes


EXPORT DETAILS

Exports to :
Products :Self Adhesive, Tapes, Bopp Films
Countries :USA, Canada


IMPORT DETAILS

Imports From :
Products :Raw Material
Countries :Austria


PRODUCTION DETAILS

PRODUCTION STATUS (31.03.2008)
ParticularsUnitLicensed CapacityInstalled Capacity
Self Adhesives TapesSQM6200000038976745
BOPP FilmMT1750926.57



TRADING TERMS

Terms :
Selling :Cash, Credit, Depends upon Customer
Purchasing :Cash, Credit, Depends Upon Customer


TYPE OF CUSTOMERS

Customers :
End Users
I.T.C Limited
Godfrey Phillips India Limited
Vst Industries Limited
Gtc Industries Limited
Asia Tobacco Company Limited
The Hyderabad Deccan Cigarette Factory Private Limited
Western Tobacco Limited
Reliable Cigarette And Tobacco Industries Private Limited
National Tobacco Company Limited
Cadbury India Limited
Castrol India Limited Dhl Wpx Limited
Glaxosmithkline Consumer
Hindustan Coco Cola
Indian Airlines Limited
Kodak India Limited
Nestle India Limited
Proctor and Gamble
Pepsico India Holding
Reliance India Limited
Bayer India Limited
Britannia India Limited




BANKERS

Bankers :
United Western Bank Limited2046, Gurudwara Road, Karol Bagh, Delhi - 110 005
The Banares State Bank LimitedNew Delhi
Allahabad Bank, GhaziabadUttar Pradesh
IDBI Bank, Karol Bagh BranchNew Delhi
Bank of BarodaNew Delhi

AUDITORS
Name :Salarpuria and Partners, Chartered Accountants
Address :1008 Chiranjiv Tower, 43, Nehru Place, New Delhi 110 019.

FINANCIAL INFORMATION

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT
Particulars2008/03/312007/03/312006/03/31
Sales Turnover425.588378.300374.300
Other Income0.0222.1000.500
Total Income425.610380.400374.800
Profit/(Loss) Before Tax14.1368.3081.500
Provision for Taxation(11.789)3.0471.000
Profit/(Loss) After Tax25.9255.2610.500
Earnings in Foreign Currency :
FOB Value of Exports60.68970.063
Total Earnings60.68970.063NA
Imports :
Raw Materials24.47945.600NA
Capital Goods3.8221.231NA
Total Imports28.30146.831NA
Expenditures :
Manufacturing Expenses21.800
Raw Material Consumed213.600
Sub Total318.454264.202235.4
Excise DutyNANA33.300
Employee Cost21.37317.77016.900
Increase/(Decrease) in Finished Goods5.163(5.343)7.000
Selling and Administration Expenses18.32414.70326.400
Miscellaneous Expenses14.28316.2401.900
Interest17.51213.66313.300
Power & FuelNANA22.700
Depreciation & Amortization16.35917.08316.400

QUARTERLY RESULTS
PARTICULARS2008/06/302008/09/302008/12/31
Type1st Quarter2nd Quarter3rd Quarter
Sales Turnover126.200142.800110.600
Other Income0.0000.1005.400
Total Income126.200142.900116.000
Total Expenditure105.500126.80095.000
Operating Profit20.70016.10021.000
Interest4.2004.7004.500
Gross Profit16.50011.40016.500
Depreciation3.2003.3003.300
Tax1.5000.3002.600
Reported PAT11.8007.8001.500

200806 Quarter 1 - Notes Status of Investor Complaints for the quarter ended June 30, 2008 Complaints Pending at the beginning of the quarter Nil Complaints Received during the quarter 01 Complaints disposed off during the quarter 01 Complaints unresolved at the end of the quarter Nil 1. Above results were taken on record by its Board of Directors at the meeting held on July 30, 2008. 2. Segment reporting as defined in Accounting Standard 17 is not applicable to the Company. 3. Extraordinary income represent the income from reliefs and concessions on conclusion of OTS Rs 45.10 million) with the financial Institutions and estimated loss on Discarded Assets (22.70 million)200809 Quarter 2 - Notes 1. Above results were taken on record by its Board of Directors at the meeting held on 27.10.2008. 2. Segment reporting as defined in Accounting Standard 17 is not applicable to the Company. 3. There were no complaints from investors outstanding at the beginning of th quarter. The Company has received Nil complaints from the investors during the quarter. And all the complaints were disposed off during the quarter. There were no complaints lying unresolved at the end of quarter. 4. Extraordinary income represent the income from reliefs and concessions on conclusion of OTS (Rs.45.100 Millions) with the financial Institutions and estimated loss on Discarded Assets (Rs.22.700 Millions) 5. Results for the period ended September 30, 2008 have been received by the Auditors of Company.200812 Quarter 3 - Notes Status of Investor Complaints for the quarter ended December 31, 2008 Complaints Pending at the beginning of the quarter Nil Complaints Received during the quarter Nil Complaints disposed off during the quarter Nil Complaints unresolved at the end of the quarter Nil 1. Above results were taken on record by it's Board of Directors at the meeting held on January 23, 2009. 2. Segment reporting as defined in Accounting Standard 17 is not applicable to the Company. 3. Extraordinary income represent the income from reliefs and concessions on conclusion of OTS with BOB Rs 54.33 ( Rs 45.100 Millions from IDBI) with the financial Institutions and estimated loss on discarded Assets (Rs 22.700 Millions) 4. Result for the period ended December 31, 2008 have been received by the Auditors of the Company.




CAPITAL STRUCTURE

Capital Structure AS ON (31.03.2008)

Authorised Capital :
No. of SharesTypeValueAmount
7000000Equity SharesRs. 10/- EachRs. 70.000 millions

Issued, Subscribed & Paid-up Capital :
No. of SharesTypeValueAmount
5116300Equity SharesRs. 10/- EachRs. 51.163 millions




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