FINANCIAL FOLLOW UP REPORT (FFR – I)

Report for the 2ND Quarter ended 30 TH SEPTEMBER 2015

Period covered by the Report: (3) months
(This report replaces Form II under Quarterly Information System)

Name of the Borrower: STEEL HYPER MART INDIA P LTD

A. Performance RS IN LACS
Particulars Annual Plan Actual for the Cumulative upto % of
Quarter ended Quarter ended achievement
(Current Year) 30.09.2015 30.09.2015 (3/1)
1 2 3 4
I.                     Production (Quantity) NA NA NA NA
II.                   Net Sales (Rs. In lacs)
a.      Domestic 51500 140000 22124 42.96
b.      Exports NA NA NA NA
ACTUAL SALES 40508.76
ANNUAL PROJECTION CHANGE ACCORDING TO LIMIT ENANCE BY THE BANK 575 FOR FULL YEAR AS PER 75 CR LIMIT
LIMIT ENHANCE 1ST AUGUST 2015 REVISED TRAGET AS PER ENANCE LIMIT 51500
B. Status of Working Capital (WC) Funds
(Rs. In Lacs)
Particulars At the end of the At the quarter Change during Estimates at
last year ended the current year the end of
(31/03/ 2015 ) 9/30/2015 (2 minus 1) current year
(31/03/16 )
+ or (-)
1 2 3 4
Current Assets (CA)
a. Inventory 3568.59 2189.07 -1379.52 4500
b. Receivables 4333.53 8144.87 3811.34 6719.04
c. Other CA 691.98 1093 401.02 130.84
d. Total CA 8594.1 11426.94 2832.84 11349.88
Current Liabilities (CL)
e. Bank Borrowings for WC 5278.27 7100 1821.73 7500
f. Sundry Creditors 0 0 0 50
g. Other CL (OCL) 127.49 11.25 -116.24 8.15
h. Total CL 5405.76 7111.25 1705.49 7558.15
i. NWC (d minus h) 3188.34 4315.69 1127.35 3791.73
j. Current Ratio (d/h) 1.59 1.61 1.66 1.50
C. Current Assets How Financed
(In percentage)
Particulars At the end of last At the quarter Estimates at the
year (31/03/2015 ended end of current
) 9/30/2015 year
(31/03/2016 )
1 2 3
k. Bank Borrowings (e/d %) 60.42 60.13 63.08
l. Sundry Creditors (f/d %) 0.00 0.00 0.44
m. Other CL (g/d %) 1.48 0.10 0.07
n. NWC (i/d %) 37.10 37.77 33.41
Total 100.00 100.00 100.00

D. Levels of Inventory/Receivables/Sundry Creditors

(No. of days)
Particulars At the end of last At the quarter Estimates at the
year (31/03/ ended end of current
2015 ) 30.09.2015 year
(31/03/2016 )
1 2 3
o. Inventory 32 18 32
p. Receivables 39 67 48
q. Sundry Creditors 0 0 0
Notes:
i.                     This report should be submitted by the borrower within 6 weeks from close of each quarter.

ii.                   Classification of current assets and current liabilities should be the same as in assessment of working
capital limits (Deposits/Installments of Term Loans/DPG/Debentures etc. due within 12 months from the end of
the quarter should be included in the OCL).

iii.                  The information should be furnished for each line of activity/division/unit separately as also for the
company as a whole.

iv.                 In Section D, the levels in days should be computed for each column as follows:
For Inventory : Value * 365 divided by net sales.
For Receivables : Value * 365 divided by gross sales
For Sundry Creditors : Value * 365 divided by purchases.
(For the above computation under column 2, sales/purchases for part of a year is to be annualized)
v.                  This format is also applicable to traders and merchant exporters.