nexensus

Crosslay Remedies Ltd

Nexensus Report

Date: 16/05/2017

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 nexensus

Company Synopsis
CIN U24239DL2002PLC113719
Sector: Manufacturing and Import of bulk organic and inorganic medicinal chemicals.
Status: Unlisted, Private Limited Indian Non-government Company
Type: Company Limited by Shares
Date of Incorporation: 08/01/2002 Pan: AACCC4239Q

Crosslay Remedies Limited was incorporated in 2002 and is headquartered in Address: A 14, Pushpanjali,
Delhi. Vikas Marg Extension New
Delhi Dl 110092 In
The company commenced its Hospital Operations at Vaishali Ghaziabad, Uttar
Pradesh as Pushpanjali Crosslay Hospital (now Max Super Speciality Hospital), a Address 2: Pushpanjali
multi super specialty tertiary care hospital, in the year 2008. Presently, the Hospital Crosslay Hospital W 3, Sector
has specialized facilities in Oncology, Cardiology and Cardio Vascular surgeries, 1,Vaishali Ghaziabad 201012
ophthalmology, Orthopedics and Joints replacement, Obstetrics and
Up
gynecology, IVF and infertility, Neurology, nephrology and dialysis, pediatrics and
neonatology, Blood Bank, Orthodontics and dental care, Aesthetics and
cosmetic treatments etc. The group has diversified business into manufacturing of Telephone No: 0091-11223728
bulk organic and inorganic medicinal chemicals.
Email: secretarial@maxhealth
care.com

Website:

Cities of Operation: Delhi,

Ghaziabad

Financial Summary
Business Focus: Hospital,
Medical Programs, Bulk
organic and inorganic
2016 2015 2014 medicinal chemicals.
P&L Items Healthcare Services
Total Revenue 1,63,17,76,361 1,47,22,40,510 1,43,30,57,015
Business Clients:
Total Expense 2,38,13,38,063 1,68,46,98,968 1,52,94,80,356
Total Tax Expense 33,46,61,772 -5,82,10,559 -2,80,84,755 Auditor Name: Rajeev Neelam
Profit After Tax -1,08,42,23,474 -15,42,47,899 -6,83,38,586 &
Associates
Balance Sheet Items
Long Term Borrowings 94,68,27,966 1,43,89,72,660 1,39,01,11,279 Firm Address: D-2/16Darya
Total Non-Current Liabilities 96,63,88,659 1,47,18,87,241 1,41,77,62,610 Ganj

Short Term Borrowings 31,72,83,728 35,76,63,104 19,44,59,093 No. of Shareholders: 258

Total Current Liability 76,26,04,365 1,15,89,76,962 91,78,47,074
Total Fixed Assets 1,54,37,01,330 1,58,45,94,702 1,59,41,49,770 Authorised Capital:
1,570,000,000
Cash & Cash Equivalents 2,56,76,579 3,38,43,770 2,81,27,653
Total Current Assets 36,53,27,539 68,41,36,875 53,17,40,756 Paid Up Capital: 1439,228,960
Total Assets 2,02,67,86,892 2,72,65,83,188 2,52,53,13,285
Other Items
Total Indebtedness 1,28,89,16,846 1,96,42,65,150 3,22,83,72,659
Net Worth 29,77,93,868 9,57,18,985

(Figures in INR)

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Key Ratios

2016 2015 2014

EPS 0.00 -2.07 -1.04
Book Value 294,587,018 - -
ROA (%) -53.49 -5.66 -2.71
ROE (%) -364.09 -161.15 -36.02
Debt to Equity 4.24 18.77 8.35
Debt to Assets 0.62 0.66 0.63
Quick Ratio 0.38 0.3 0.34
Current Ratio 0.48 0.59 0.58
EBITDA Margin (%) -29.52 7.62 13.82
PATM (%) -66.44 -10.48 -4.77

Company Promoters & Directors

Date of
DIN/PAN Name Designation Address
Appointment
D - 689, Block - D, C.R. Park, New Delhi
00001100 Girish Narang Director 10/09/2015
110019 Dl In
Navneet 436, Nilgiri Apptts Alaknanda, New Delhi
00006068 Director 10/09/2015
Maini 110019 Dl In
Vinay A-14, Pushpanjali, Vikas Marg Extn.,
00021073 Director 20/07/2005
Aggarwal Delhi 110092 Dl In
Om Prakash
169,Cariappa Marg Sainik Farms
00232108 Manchand Director 08/07/2009
Newdelhi 110062 Dl In
a
Yogesh
H.No.Es 083 Nirvana Country Gurgaon
00884252 Kumar Director 07/10/2015
122004 Hr In
Sareen

01604819 Rajit Mehta Director 07/10/2015 B-2/18 Dlf Phase-1 Gurgaon 122001 Hr In

02525853 Ajit Singh Director 07/10/2015 221 Kipling Street Palo Alto 94301 Us

C-3/1202, The Legend Apartments

Rohit
06529360 Director 07/10/2015 Sushant Lok- 3, Sector - 57 Gurgaon
Kapoor
122002 Hr In
Shubnum D-318, Second Floor Defense Colony
07119825 Director 07/10/2015
Singh New Delhi 110024 Dl In
Dhiraj 136, Ground Floor Sector 2B, Vaishali
AVVPS7240Q Cfo(Kmp) 10/09/2015
Sharma Ghaziabad 201012 Up In
Neeraj
AKCPM5507 234, Maitri Appt., Plot No 28, Ip
Kumar Manager 01/05/2016
A Extention, Patparganj Delhi 110092 Dl In
Mishra

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Company Loan Profile

Lender Name Lender Address Loan Amount Date of Date of Date of

Loan Loan Loan
Creation Modification Satisfaction
Axis Bank Ltd. 2Nd Floor, Red Fort 1,700,000,000 24/02/2016 08/08/2016 -
Capital, Parsvnath
Towers,Gole Market,
Bhai Veer Singh Marg
,New Delhi 110001In
Punjab National 74, Janpathnew 1,281,800,00 24/05/2013 - 07/12/2016
Bank Delhidl110001In 0
Punjab National 74, Janpathnew 1,511,800,00 16/03/2013 04/01/2015 07/12/2016
Bank Delhidl110001In 0
Punjab National 74, Janpathnew 234,000,000 24/05/2013 22/07/2014 07/12/2016
Bank Delhidl110001In
Punjab National 74, Janpathnew 25,000,000 31/03/2015 - 18/12/2015
Bank Delhidl110001In
Punjab National 74, Janpathnew 40,000,000 13/05/2014 - 18/12/2015
Bank Delhidl110001In
Punjab National 74, Janpathnew 15,000,000 27/09/2014 - 18/12/2015
Bank Delhidl110001In
Punjab National 74, Janpathnew 249,345,000 13/10/2009 28/09/2011 18/12/2015
Bank Delhidl110001In
Punjab National 74, Janpathnew 327,500,000 09/05/2006 28/09/2011 18/12/2015
Bank Delhidl110001In
Canara Bank Shankar Nagar 66,000,000 04/12/2013 - 16/05/2014
Branchk-79, Chhachi
Buildingdelhidl110051In
Canara Bank Shankar Nagar 504,200,000 25/05/2006 07/07/2012 16/05/2014
Branchkrishna Nagar
Marketdelhidl110051In
Punjab National 74, 19,000,000 15/03/2013 - 02/12/2014
Bank Janpathdelhidl110001In
Punjab National 74, 1,415,071,00 31/12/2012 - 02/12/2014
Bank Janpathdelhidl110001In 0
Punjab National 74, Janpathnew 30,500,000 13/10/2009 10/11/2011 04/02/2013
Bank Delhidl110001In
Punjab National 74, 1,444,071,00 28/09/2011 16/03/2013 04/02/2013
Bank Janpathdelhidl110001In 0
Punjab National 74, Janpathnew 126,316,000 28/09/2011 10/11/2011 04/02/2013
Bank Delhidl110001In

Company Rating Profile

Rating Agency Instrument Details Rating

CRISIL Long Term Suspended

Short Term Suspended
ICRA - -

CARE - -

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Company Network Profile

Company Name Connection Designation State

Factum Legal Private Limited Girish Narang Director Delhi

Suryaday Cleantech Private Limited Girish Narang Director Delhi

Surya Day Private Limited Girish Narang Director Delhi

Solaro Cleantech Private Limited Girish Narang Director Delhi

Crosslay Remedies Limited Girish Narang Director Delhi

Aecogen Technologies India Private Limited Girish Narang Director Maharastra

Sunce Renewables Private Limited Girish Narang Director Uttar Pardesh

Saket City Hospitals Private Limited Navneet Maini Director Delhi

Sparrowhawk International Channels India Navneet Maini Director Delhi

Private Limited
Utility Solutions (Pvt) Ltd. Navneet Maini Director Delhi

Crosslay Remedies Limited Navneet Maini Director Delhi

Emh Meters Private Limited Navneet Maini Director Delhi

Art Silver Private Limited Navneet Maini Director Delhi

M M Healthcare Limited Vinay Aggarwal Director Delhi

Singhal Fincap Limited Vinay Aggarwal Director Delhi

Pushpanjali Medical Publications Private Vinay Aggarwal Director Delhi

Limited
Crosslay Remedies Limited Vinay Aggarwal Director Delhi

Crosslay Remedies Limited Om Prakash Director Delhi

Manchanda
Vkd Tradex Private Limited Om Prakash Director Delhi
Manchanda
Om Prakash Director Delhi
Kvd Tradex Private Limited
Manchanda
Director Delhi
Hometrail Estate Private Limited Yogesh Kumar Sareen
Director Delhi
Hometrail Buildtech Private Limited Yogesh Kumar Sareen
Director Delhi
Crosslay Remedies Limited Yogesh Kumar Sareen
Director Delhi
Max Medical Services Limited Yogesh Kumar Sareen
Director Delhi
Saket City Hospitals Private Limited Yogesh Kumar Sareen

Alps Hospital Limited Yogesh Kumar Sareen Director Delhi

Director Delhi
Saket City Hospitals Private Limited Rajit Mehta
Director Delhi
Windows Consultants Private Limited Rajit Mehta

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Director Punjab
Max Life Insurance Company Limited Rajit Mehta
Director Delhi
Max Healthcare Institute Limited Rajit Mehta

Crosslay Remedies Limited Rajit Mehta Director Delhi

Max Skill First Limited Rajit Mehta Director Delhi

Interstoff Syndicate Private Limited Rajit Mehta Director Delhi

Quantum Institute For Wellbeing Private
Rajit Mehta Director Delhi
Limited
Max Healthcare Institute Limited Ajit Singh Director Delhi

Crosslay Remedies Limited Ajit Singh Director Delhi

Core Diagnostics Private Limited Ajit Singh Director Haryana

Medecube Healthcare India Private Limited Ajit Singh Director Haryana

Saket City Hospitals Private Limited Rohit Kapoor Director Delhi

Crosslay Remedies Limited Rohit Kapoor Director Delhi

Hometrail Buildtech Private Limited Rohit Kapoor Director Delhi

Hometrail Estate Private Limited Rohit Kapoor Director Delhi

Antara Senior Living Limited Rohit Kapoor Director Delhi

Antara Gurgaon Senior Living Limited Rohit Kapoor Director Delhi

Max One Distribution And Services Limited Rohit Kapoor Director Delhi

Antara Purukul Senior Living Limited Rohit Kapoor Director UR

Crosslay Remedies Limited Shubnum Singh Director Delhi

Antara Senior Living Limited Shubnum Singh Director Delhi

Disclaimer:
Nexensus has taken due care and caution in preparing this report. Information has been obtained from
sources that are reliable. However, Nexensus is not responsible for the results obtained from the use of such
information. Nexensus is not liable for investment decisions which may be based on the views expressed in
this report.

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