HINDUSTAN SANITARYWARE AND INDUSTRIES LIMITED

Registered Office :
Address2, Red Cross Place, Post Box 2359, Kolkata - 700 001, West Bengal, India
Tel. No.91-33-22487406/ 22487407
Fax No.91-33-22487045/ 22482367
LocationOwned
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SUMMARY
Incorporated 1960/02/08
Registration No. 21-24539
No. of Employees 7000
Line of Business Manufacturing, Export and Trader of Sanitaryware and Fittings, Plaster of Paris, Refractories etc.
Status Company is an very well established concern with good track records. There has been a good increase in the turnover and profits of the company. Trade relations are reported as good. Business is active & growing.
Payments Regular
Litigation Clear
Banking Reputation Good
Auditors
Name :Walker Chandiok and Company, Chartered Accountant
Address :L-41, Connaught Circus, New Delhi 110001, India
Tel No.:91-11-23417716
Fax No.:91-11-23418512

FACTORY WAREHOUSE

Works
Sr.No.:Location :Address :
1BibinagarSomanypuram Brahmanapally, Bibinagar District Nalgonda, Andhra Pradesh 508126, India
2BahadurgarhDelhi Rohtak Road, Bahadurgarh, District Jhajjar, Haryana 124507, India


BRANCH

Located at : <
Sr.No.:Location :Address :Tel. No.:Fax No.:
1Mumbai14,Vaswani Mansions, 2nd Floor, Dinshaw Vachha Road, Back Bay Reclamation, Mumbai - 400 02091-22-2886681 / 2829301 / 2022247 / 204477691-22-2022247
2New Delhi2nd Floor, Tewari House, 11-B/8, Main Pusa Road, New Delhi - 110 00591-11-5750027 / 5819142 / 5854656 / 57 / 575521291-11-5785278
3SecunderabadCeramic Division - II, 304, 3rd Floor, Ashoka Bhoopal Chambers, Sardar Patel Road, Secunderabad - 500 003, Andhra Pradesh91-40-7848416 / 1791-40-7848418
4ChennaiM K M Chambers, 1st Floor, 154 and 155, Kodambakkam High Road, Chennai 600034, India91-44-28220912
5BangaloreUnit No. 9/2 Dhondusa Complex, 3rd Floor, Residency Road, Richmond Circle, Bangalore 560025, India91-80-41136377
6PuneKrishna Business Centre, 600 Deccan Gymkhana, Behind Sai Services Station, off Jangli Maharaj Road, Pune 411004, India91-20-4019340
7ErnakulamPalaparambil Building, Kaloor-Kadavandra Road, Near Katrikadavu Bridge, Ernakulam 682020, India91-484-2207016



LEGAL FORM
A Public Limited Liability Company. The Companys Shares are Listed on the Stock Exchanges

DIRECTORS

DIRECTORS
Name :Mr. R. K. Somany
Designation :Chairman and Managing Director
Qualification :B. Com, FI (Cem), FBIM (UK), LFIMA
Date of Appointment :1988/01/09
Name :Mr. Sandip Somany
Designation :Joint Managing Director
Qualification :B. Com, Diploma in Ceramics
Date of Appointment :1994/11/11
Name :Mr. S. S. Kanoria
Designation :Director
Name :Mr. N. G. Khaitan
Designation :Director
Qualification :B. Com, LLB, Bar at Law From Kolkata High Court
Date of Appointment :1996/06/29
Name :Mr. Binay Kumar
Designation :Director
Qualification :BSC
Date of Appointment :1996/09/21
Name :Mr. Ashok Jaipuria
Designation :Director
Qualification :Degree Holder in Associate of Arts in Business Administration
Date of Appointment :2004/05/15
Name :Mr. V K Bhandari
Designation :Director
Qualification :B. Com (Hons), Chartered Accountant
Date of Appointment :2004/01/17
Name :Mr. S B Budhiraja
Designation :Director
Qualification :BSC (Hons), BE Mechanical, FIMC
Date of Appointment :2003/10/30
Name :Mr. Vishal Marwaha
Designation :Director
Qualification :Chartered Accountant
Date of Appointment :2005/07/14



MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN As On (31.12.2008)
Names of ShareholdersNo. of SharesPercentage of Holding
(A) Shareholding of Promoter and Promoter group
(1) Indian
a) Individuals / Hindu Undivided Family54527199.91
b) Bodies Corporate
(2) Foreign
b) Bodies Corporate2535635146.08
(B) Public Shareholding
(1) Institutions
a) Mutual Funds / Axis Bank50134099.11
b) Financial Institutions / Banks175310.03
c) Insurance Companies1231470.22
d) Foreign Institutional Investors6266831.14
B(2) Non-Institutions
a) Bodies Corporate27073444.92
b) Individuals
i. Individual shareholders holding nominal share capital upto Rs.0.100 million679694912.35
ii. Individual shareholders holding nominal share capital upto Rs.0.100 million5574901.01
c) Non-Resident Individual1238850.23
d) Foreign Company825000014.99
Total55025508100.00



PRODUCTS DETAILS

Products:
Item Code No.Product Description
6910-10Sanitaryware
7010-90Glass Bottles

Brand Names :
Sanitaryware: Hindware, Hindware Art, Hindware Italian Collection, Keramag
Container Glass: AGI


EXPORT DETAILS

Exports to :
Products :Sanitaryware, Container Glass
Countries :Lebanon, New Zealand, Yemen, Cyprus, Mozambique, Jordan, Europe, UK, Australia, South Africa, Middle East, Indonesia, Bhutan, Sri Lanka, Philippines


IMPORT DETAILS

Imports From :
Products :Sanitaryware, Sanitaryware (Keramag)
Countries :China, Finland


PRODUCTION DETAILS

PRODUCTION STATUS (as on 31.03.2007):-
ParticularsUnitInstalled CapacityActual Production
Sanitary Ware , Fitting and other allied productsMT3200028618
Plaster of ParisMT300036
RefractoriesMT1200
Zirconium OpacifierMT600
Hear RingsNos50000055250
Acide Resistant TilesNos650000
Glass bottles / ContainersLac Pcs.95317849
Crystal WareMT1500



TRADING TERMS

Terms :
Selling :Cash & Credit Terms
Purchasing :Cash & Credit Terms


TYPE OF CUSTOMERS

Customers :
Amrutanjan Limited
Glaxo India Limited
Parke-Davis India Limited
Ranbaxy Laboratories Limited
Smithkline Beecham Pharmaceuticals (India) Limited
TTK Pharma Limited
Cadbury (India) Limited
Hindustan Lever Limited
Smithkline Beecham Consumer Healthcare Limited
Coca Cola India
Pepsi India
Mcdowells and Company Limited
Maharashtra Distillery Limited
Shaw Wallace and Company Limited
United Breweries Limited




BANKERS

Bankers :
Central Bank of IndiaKolkata, West Bengal.
Andhra BankKolkata, West Bengal.
Bank of BarodaKolkata, West Bengal.

AUDITORS
Name :Walker Chandiok and Company, Chartered Accountant
Address :L-41, Connaught Circus, New Delhi 110001, India
Tel No.:91-11-23417716
Fax No.:91-11-23418512

FINANCIAL INFORMATION

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT
Particulars2008/03/312007/03/312006/03/31
Sales Turnover5208.3804777.6403965.218
Other Income77.64062.24074.171
Total Income5286.0204839.8804039.389
Profit/(Loss) Before Tax449.300456.150403.999
Provision for Taxation163.970165.030147.318
Profit/(Loss) After Tax285.330291.120256.681
Export ValueNA281.473236.991
Imports :
Raw Materials205.030213.530
Stores & Spares33.37017.540
Capital Goods141.69059.700
Others226.220212.510
Total Imports606.310503.280426.234
Expenditures :
Cost of Goods Sold806.480742.640
Manufacturing Expenses3230.1302856.540
Personnel Cost559.670489.150
Increase/(Decrease) in Finished Goods(197.590)[95.370]
Interest163.030142.520
Depreciation263.150248.250
Other Expenditure11.8500.000
Total Expenditure4836.7204383.7303635.390
Earning Per Share5.215.55NA

QUARTERLY RESULTS
PARTICULARS2008/06/302008/09/302008/12/312009/03/31
Type1st Quarter2nd Quarter3rd Quarter4th Quarter
Sales Turnover1336.5001522.5001478.7001768.700
Other Income13.40011.50024.60042.000
Total Income1349.9001534.0001503.3001810.700
Total Expenditure1141.0001311.3001269.4001463.600
Operating Profit208.900222.700233.900347.100
Interest35.20040.50057.20033.500
Gross Profit173.700182.200176.700313.600
Depreciation66.50065.70067.70078.500
Tax37.80022.1006.30062.700
Reported PAT69.40059.10069.700188.800




CAPITAL STRUCTURE

Capital Structure

Authorised Capital :
No. of SharesTypeValueAmount
75000000Equity SharesRs. 2 /- eachRs.150.000 millions

Issued Capital :
No. of SharesTypeValueAmount
55029333Equity SharesRs.2 /- eachRs.110.060 millions

Subscribed & Paid-up Capital :
No. of SharesTypeValueAmount
55025508Equity SharesRs.2 /- eachRs.110.050 millions

Notes: Of the above shares, 24,268,638 equity shares of Rs. 2 each (previous year 24,268,638 equity shares of Rs. 2 each) were allotted as fully paid-up by way of bonus shares by capitalisation of revenue reserves, 337,500 equity shares of Rs. 2 each (previous year 337,500 equity shares of Rs. 2 each) fully paid up were issued to the equity shareholders of the erstwhile The Associated Glass Industries Limited pursuant to the scheme of amalgamation and 1,828,225 equity shares of Rs. 2 each (previous year 1,828,225 shares of Rs. 2 each) fully paid-up were issued to the equity shareholders of the erstwhile Krishna Ceramics Limited pursuant to the scheme of amalgamation.Rounded off to Nil




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