CHEMCEL BIOTECH LTD

HSL Code: CHEBIO   |   BSE Code: 533026  |   NSE Symbol: N.A.  |   ISIN: INE213J01012

 Chemcel Bio-Tech Limited was incorporated as `Chemcel Products Limited` on September 29, 1995. The company name was changed from Chemcel Products Limited to Chemcel Bio-Tech Limited w.e.f. 4th January 2001. Mr. K Balakrishna Rao, Mr. K T Vijaya Kumar and Mr. K.C.S Prasad have promoted the company. With an objective to manufacture Agrochemicals and is now diversifying into the Manufacturing of bio-diesel also. The Company`s main products are in three forms viz., Liquids, granules and dusts. Individual capacities of these products are Liquids 1000 KL/per year, Granules 1000 MT/per year and Dusts 300 MT/per year. The Company has registration with Central Insecticides Board for manufacturing 34 pesticides products. Currently, the company has manufacturing 17 products. The Company has set up production unit at Kanuru, Vijayawada, Andhra Pradesh for production of a wide range of pesticides. That location is very close to rice belts of Krishna & Godavari districts, and commercial belts of Guntur and Khammam. Land is very fertile and farmers have been taking 2 crops around the year in the area. The company have semi-automated granule sections, and semi-automatic liquid lines, chemical resistant reactors for insecticides. The company has laid out a Quality Assurance plan for all products and practices Quality Control checks, testing and inspection at all stages. The company having more than 18 distributors who help us in selling our products to end users through the chain of more than 350 direct dealers and 550 retailers.

 PROFIT AND LOSS

Rs. in Cr.	Mar 2011	Mar 2010	Mar 2009	Mar 2008
INCOME :
Sales Turnover	50.22	45.76	35.19	24.58
Other Income	0.00	0.00	0.00	0.00
Stock Adjustments	-0.67	-1.65	1.88	0.04
Total Income	49.55	44.11	37.07	24.62
EXPENDITURE :
Raw Materials	42.74	36.00	27.88	0.00
Excise Duty	0.11	0.00	0.00	0.00
Power and Fuel Cost	0.02	0.01	0.01	0.00
Other Manufacturing Expenses	0.03	0.04	0.18	18.68
Employee Cost	0.57	0.53	0.81	0.59
Selling and Administration Expenses	3.38	4.27	4.78	2.35
Miscellaneous Expenses	0.25	0.34	0.38	0.11
Less: Preoperative Expenditure Capitalised	0.00	0.00	0.00	0.00
Profit before Interest, Depreciation and Tax	2.45	2.92	3.03	2.89
Interest and Financial Charges	1.24	1.06	1.20	1.15
Profit before Depreciation and Tax	1.21	1.86	1.83	1.74
Depreciation	0.08	0.10	0.10	0.11
Minority Interest before PAT	0.00	0.00	0.00	-0.01
Profit Before Tax	1.13	1.76	1.73	1.64
Tax	0.28	0.41	0.44	0.42
Profit After Tax	0.85	1.35	1.29	1.22
Minority Interest after PAT	0.00	0.00	0.00	0.00
Profit/Loss of Associate Company	0.00	0.00	0.00	0.00
Profit after Minority Interest and P/L of Assoc. Co.	0.85	1.35	1.29	1.22
Adjustment below Net Profit	-1.38	-1.32	-1.22	0.00
P and L Balance brought forward	1.32	1.29	1.22	0.00
Appropriations	0.00	0.00	0.00	0.00
P and L Bal. carried down	0.79	1.32	1.29	1.22
Equity Dividend	0.00	0.00	0.00	0.00
Preference Dividend	0.00	0.00	0.00	0.00
Corporate Dividend Tax	0.00	0.00	0.00	0.00
Equity Dividend (%)	0.00	0.00	0.00	0.00
Earning Per Share (Rs.)	0.30	0.52	0.50	1.16
Book Value	15.53	15.64	15.05	12.63
Extraordinary Items	0.00	0.00	0.00	0.00

BALANCE SHEET:

Rs. in Cr.	Mar 2011	Mar 2010	Mar 2009	Mar 2008
SOURCES OF FUNDS :
Share Capital	27.92	25.92	25.92	10.52
Reserves and Surplus	16.45	14.61	13.10	2.77
Total Shareholders Funds	44.37	40.53	39.02	13.29
Secured Loans	8.03	7.62	3.40	6.66
Unsecured Loans	2.04	1.97	1.65	0.36
Total Debt	10.07	9.59	5.05	7.02
Minority Interest	0.00	0.00	0.00	0.01
Total Liabilities	54.44	50.12	44.07	20.32
APPLICATION OF FUNDS :
Gross Block	2.32	2.32	2.31	2.28
Less: Accum. Depreciation	1.25	1.17	1.08	0.99
Net Block	1.07	1.15	1.23	1.29
Capital Work in Progress	7.37	7.37	7.37	0.00
Investments	0.00	0.00	0.00	0.00
Current Assets, Loans and Advances
Inventories	5.41	4.94	3.33	1.35
Sundry Debtors	32.40	24.22	23.85	11.26
Cash and Bank Balance	0.00	0.03	0.07	0.14
Loans and Advances	13.06	17.12	10.04	14.25
Less: Current Liab. and Prov.
Current Liabilities	5.16	5.05	2.29	7.53
Provisions	0.48	0.68	0.80	0.46
Net Current Assets	45.23	40.58	34.20	19.01
Miscellaneous Expenses not w/o	0.77	1.02	1.27	0.02
Total Assets	54.44	50.12	44.07	20.32
Contingent Liabilities	0.00	0.00	0.69	0.00

Registered Office
Address	16-130/12 JRD Tata Ind Estate, Auto Nagar Kanuru
District	Vijayawada
State	Andhra Pradesh
Pin Code	520007
Tel. No.	91-866-2544996
Fax. No.	91-866-2545437/2545243
Email	info:chemcelbiotechltd.com
Web Site

Registrars
Name	N.A.
Address	N.A., N.A., N.A., N.A.
Tel. No.	N.A.
Fax. No.	N.A.

Company Background
Company Chairman	Kanuparthi Balakrishna Rao
Company Secretary	Shalik Rahmatullah
Auditor	T Nehru
Sector Name	Agro Chemicals
House Name	Indian Private

Tel	Fax	Email
Registered Office
16-130/12 JRD Tata Ind Estate Auto Nagar Kanuru Vijayawada Pin 520007 India	91-866-2544996	91-866-2545437/2545243	info:chemcelbiotechltd.com
Plant Location
16-130/12 JRD TATA Indus Estat Auto Ng 3rd Cross Rd Ext Kanur Vijayawada Pin 520007 India
Plot No 260A IDA Kondapalli Near Vijayawada Pin 0 India