14.04.2013 Views

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>WABCO</strong>-<strong>TVS</strong> (<strong>INDIA</strong>) <strong>LIMITED</strong> <strong>INFORMATION</strong> <strong>MEMORANDUM</strong><br />

Board of directors: The board of directors consists of M/s K Ramesh, S Ram, K<br />

Mahesh, S Viji, R Haresh, Srinath R Rajam, R Naresh (Joint<br />

Managing Director), Gopal Srinivasan, Pritha Ratnam (Joint<br />

Managing Director), Shobhana Ramachandhran and Nicholas<br />

Sundaram<br />

Financial performance:<br />

(Rs. in lakhs)<br />

31.3.2006 31.3.2007 31.3.2008<br />

Equity Capital 252.00 252.00 252.00<br />

Reserves(Excluding revaluation reserves, if<br />

any)<br />

3092.00 3816.18 4249.22<br />

Sales and other income 18717.73 21391.52 23146.91<br />

Profit before tax 1921.88 2606.58 1417.47<br />

Provision for tax 60.00 319.00 319.00<br />

Profit after tax 1861.88 2287.58 1098.47<br />

EPS (in Rs.) 738.84 907.77 435.90<br />

Net Asset Value per share (in Rs.) 1313.14 1610.31 1786.20<br />

4. SUNDARAM FINANCE <strong>LIMITED</strong>:<br />

Date of Incorporation: 11.08.1954<br />

Principal business: Hire purchase, leasing and hypothecation loan<br />

Shareholding pattern<br />

No. of shares % of shareholding<br />

Promoters’ holding<br />

Bodies corporate / Individuals 1,10,65,722 39.84<br />

Public 1,67,10,243 60.16<br />

Total 2,77,75,965 100.00<br />

Board of directors: The board of directors consists of M/s S Viji (Chairman), S<br />

Ram, S Narayanan, A Rangaswami, S Padmanabhan, T R<br />

Seshadri, T T Srinivasaraghavan (Managing Director), and<br />

Srinivas Acharya (Deputy Managing Director)<br />

Financial performance:<br />

(Rs.in lakhs)<br />

31.3.2006 31.3.2007 31.3.2008<br />

Equity Capital 2777.60 2777.60 2777.60<br />

Reserves (Excluding revaluation reserves, if any) 78305.70 85010.45 101514.74<br />

Income from operations & other income 59585.35* 67188.56 102330.15*<br />

Profit before tax 20880.64 14343.84 30289.71<br />

Provision for tax 3821.42 4297.08 9035.47<br />

Profit after tax 17059.22 10046.76 21254.24<br />

EPS (in Rs.) 61.42 36.17 76.52<br />

Net Asset Value per share (in Rs.) 291.92 316.06 375.48<br />

* Includes extraordinary item – profit on sale of shares in subsidiary company<br />

Rs.8812.64 lakhs and Rs.9917.67 lakhs in 2005-06 and 2007-08, respectively.<br />

Page 54 of 95

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!