News & Events |  Support |  Help Desk |  Career |  Contact |  Site Map  
 
  Company Profile 
Promoters 
People 
  Investors 
Shareholdings
Income Statement
Balance Sheet
Ratio Analysis
Share Statistics
Financial Results
  Partners 
  Alliances 
 Collaterals 
 
For Investor Grievance/s

Please Contact:
R Ramaswamy
Company Secretary

Vasantha Kumar B R
AGM - Corporate Affairs

Phone : 080 2333 2951
Fax     : 080 2333 3415
e-mail : grd@mro-tek.com
 
 
 
 
   Unaudited Financial Results for the Quarter and Period ended 31 December 2011
   Annual Report 2010-11
   Code of Conduct
   Click here to view the Statement showing Shareholding Pattern
     
 
 INCOME STATEMENT
Particulars Year Ended
31-Mar-11		 Year Ended
31-Mar-10		 Year Ended
31-Mar-09
Rs. Lacs %
Income		 Rs. Lacs %
Income		 Rs. Lacs %
Income
 Income 2,839.81   100.00  8,283.84  100.00  12,950.72  100.00 
 Expenditure 4,104.59 144.54 8,157.89  98.48  12,217.82  94.34 
 Earnings before
 Dep, Int & Taxn		 (1,264.78)  (44.54)  125.95  1.52  732.90  5.66 
 Interest and financial
 charges		 18.94 0.67  27.97 0.34  45.47  0.35 
 Earnings after Int/before
 Dep & Taxn		 (1,283.72)  (45.20)  97.98  1.18  687.43  5.31 
 Depreciation 269.81  9.50  277.30  3.35  269.15  2.08 
 Profit  before Tax (1,553.53)  (54.71)  (179.32)  (2.16)  418.28  3.23 
 Tax (45.88)  (1.62)  3.02  0.04  87.34  0.67 
 Profit after Tax (1,507.65)  (53.09)  (182.34)  (2.20)  330.94  2.56 
 Prior period adjustments 219.15  7.72  18.08  0.22  6.75   0.05 
 Surplus in P&L A/c brought forward from Prev.Years 1,326.58    1,737.09    1,659.91    
 Balance available for
 Appropriations		 38.08   1,572.83   1,997.60   
 Cash Profit (1,237.84)  (43.59)  94.96  1.15  600.09  4.63 
 Dividend on Equity  Capital -  -   186.84  2.26   188.48  1.46
 
     
   
     
 
 BALANCE SHEET
As on 31-Mar-11 31-Mar-10 31-Mar-09
Rs. Lacs % Rs. Lacs % Rs. Lacs %
 Assets            
 Gross Block 4,759.34 54.25 4,686.98  42.44  4,635.91  34.77 
 Net Block 2,484.17 28.32 2,669.28  24.17  2,867.44  21.51 
 Investments 75.71 0.86 398.48  3.61  634.77  4.76 
 Inventory 2,446.61 27.89 1,952.73  17.68  3,325.27  24.94 
 Receivables   706.97 8.06 2,053.75  18.60  1,929.63  14.47 
 Other Current Assets 3,058.93 34.87 3,969.12  35.94  4,574.54  34.31 
 Assets Total 8,772.39   100.00 11,043.36  100.00  13,331.65  100.00 
 
 Liabilities
 Equity Share Capital 934.23 10.65 934.23  8.46  949.30  7.12 
 Reserves 6,741.09 76.84 8,029.59  72.71  8,447.62  63.37 
 Debt Fund                   -                -   -  -  844.82  6.34 
 Creditors and
 acceptances		 957.48 10.91 1,669.57  15.12  2,040.19  15.30 
 OtherCurrent
 Liab/Provn		 139.59 1.59 409.97  3.71  1,049.72  7.87 
 Total Liabilities 8,772.39   100.00 11,043.36  100.00  13,331.65  100.00 
 
     
   
     
 
  RATIO ANALYSIS
As on 31-Mar-11 31-Mar-10 31-Mar-09
 PBIDT/Net Worth (%) (16) 1  8 
 PAT/Net Worth (%) (20) (2)  4 
 Tax/PBT(%) 3 -   21
 Total Debt/Net Worth -   -   9 
 Long Term Debt/Net Worth -   -   -  
 PBDIT/Finance Charge (67) 5  16 
 Current Ratio 6 4  3 
 Inventory (days sales) 378 96  99 
 Receivables ( days sales) 109 101  58 
 Creditors (days cost of sales) 50 46  38 
 
     
   
     
 
 SHARE STATISTICS
  31-Mar-11 31-Mar-10 31-Mar-09
 Face value of shares (Rs.) 5 5  5 
 Number of shares 18,684,602 18,684,602 18,985,974
 Paid-up Equity Capital(Rs.) 93,423,010 93,423,010  94,929,870 
 EPS (Rs.) (6.90) (0.87)  1.02 
 Cash PS(Rs.) (6.62) 0.51  3.16 
 Book Value 41.08 47.97  49.49 
 Dividend per share(Rs.)                   -   1.00  1.00 
 Dividend per share(%)                 -   20   20  
 
     
   
 
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND PERIOD ENDED 31 DECEMBER 2009.
  Particulars   (Rs. in Lakhs)
Unaudited Audited
for Quarter Ended for the Period Ended for Year Ended
31-Dec-09 31-Dec-08 31-Dec-09 31-Dec-08 31-Mar-09
1. Net Sales / income  from operations 1,955.01 3,109.47 5,432.97 9,518.70 12,481.29 
2. Gain on Exchange Fluctuation 63.11 -  190.48 - - 
3. Income From Operations (1+2) 2,018.12 3,109.47 5,623.45 9,518.70 12,481.29 
4.  Expenditure          
 
(a) (Increase)/Decrease in Stock in trade & work in progress
56.01 (175.03) 449.31 (239.94) (83.69) 
  (b) Consumption of materials/Components (manufacturing goods) 736.62 1,656.47 2,096.34 4,679.38 5,977.72 
  (c) Consumption of traded  goods 861.53 1,146.12 1,966.02 2,777.38 3,632.23 
  (d) Employee cost 293.87 359.30 936.28 1,036.86 1,269.76 
 
(e) Depreciation
68.46 65.47 208.47 202.27 269.15 
  (f) Loss on Exchange Fluctuation -  51.79 - 360.44 475.60 
 
(g) Other Expenditure
200.93 230.42 618.08 706.16 939.45 
 
(h)  Total Expenditure
2,217.42 3,334.54 6,274.50 9,522.55 12,480.22 
5.
Profit from Operation before interest (3-4)
(199.30) 225.07 (651.05) 3.85 1.07 
6.  Other Income 82.59 70.77 244.36 228.58 324.39 
7.  Finance Charges 7.97 15.30 24.20 37.05 45.47 
8.
Profit Before Tax - from ordinary activities (5+6-7)
(124.68) 169.60 (430.89) 187.68 279.99 
9.  Tax Expense including defrerred tax (0.14) 42.83 (5.87) 89.21 87.34 
10.
Net Profit After Tax - from ordinary activities (8-9)
(124.54) 126.77 (425.02) 98.47 192.65 
11. Extraordinary Items (Divident Received from RAD-MRO Manufacturing Pvt. Ltd. - Joint Venture Company) -  -  - - 145.04 
12.
Net Profit for the Period (10+11)
(124.54) 126.77 (425.02) 98.47 337.69 
13.
Paid-up Equity Share Capital - (Rs. 5 face value)
949.30  949.30  949.30  949.30  949.30 
14.
Reserves (excluding Revaluation Reserve)
7,971.65 8,570.09 7,971.65 8,570.09 8,447.62 
15.
EPS (per share of Rs.5each)
         
 
Basic EPS (not annualized) - (before 'extraordinary item').
    (2.24) 0.52 1.78 
 
Diluted EPS (notannualized) - (before 'extraordinary item').
    (2.24) 0.52 1.78 
 
Basic EPS (not annualized) - (after 'extraordinary item').
    (2.24) 0.52 1.02 
 
Diluted EPS (notannualized) - (after 'extraordinary item').
    (2.24) 0.52 1.02 
16.
Public Shareholding :
         
 
Number of Shares - Note 5
1,14,55,996  1,17,57,368  1,14,55,996 1,17,57,368 1,17,57,368 
 
% of Shareholding
61.31%  61.93%  61.31% 61.93% 61.93% 
17.
Promoters and Promoter Group Shareholding:
         
 
a)Pledged
/Encumbered
         
 
Number of Shares
NIL  NIL  NIL NIL NIL 
 
Percentage of Shares
N/A  N/A  N/A N/A N/A 
 
b)Non-Encumbered
         
 
Number of Shares
72,28,606  72,28,606  72,28,606  72,28,606  72,28,606 
 
Percentage of Shares (as a % to the total shareholding of Promoters and Promoter Group
100%  100%  100%  100%  100% 
 
Percentage of Shares (as a % to the total sharecapital of the company
38.69%  38.07%  38.69% 38.07% 38.07% 
18.
Dividend per Equity Shares:
        Re . 1  
 
   
 

The Company being engaged exclusively in 'Access & Networking Solutions', the entire activities fall under a single segment.
   

Certain initiatives taken by the Company to enlarge product-mix, by inducting new products with new technology, are expected to result in augmenting sale revenue and enhancing market share.
   

Under the buyback activity which is currently in progress, it was not possible for the Company to buyback any equity shares during the quarter, since the market price of the shares were quoted at more than Rs.25, the maximum price approved by the Board for buyback.

   

The above financial results, subjected to 'limited review' for the quarter were approved in the meetings of Audit Committee and the Board of Directors - both held on 22 January 2010.
   

Investor complaints for the quarter: Carried-forward-0, Received afresh-6, Disposed-6, Carried-over-0.
   

Figures for the previous period/year have been regrouped, wherever necessary.
 
 
  for MRO-TEK LIMITED
 
 
Place: Bangalore
H.NANDI
S.NARAYANAN
Date : 22 January 2010
Managing Director
Chairman & Managing Director
 
  Copyright © 2004 MRO-TEK Ltd. All Rights reserved.