Parekh Distributors Ltd - Stock Valuation and Financial Performance

Parekh Distributors was incorporated on August 24, 1978. The registered office of the company is located at New Marine Lines, Mumbai. The company currently renders miscellaneous consultancy services to a select few clients.

Services Offered: The company is into logistic services like C&F agency and consignment sales agency, distributorship and transport.

1) Customers Warehousing - Parekh provides tailor-made warehousing solutions exclusively for each of its customers. This means from locating most suitable warehouse as per preferred size / location / safety / market requirements, to setting up exclusive infrastructure like computers and communications equipments like fax / telephone / e-mail, providing space for sales staff, completing sales tax / excise formalities, dispatching material through local conveyance as per convenience of customers, periodic reporting system, and complying with MIS requirements of the customers.

2)Express Warehousing – The company builds up a network of warehouses to provide its customers a facility to park their cargo on 'Pay-As-You-Use' basis. This not only means JIT (Just In Time) delivery of the cargo to its customers but also reduced inventory cost and no fixed infrastructure cost.

3) Consignment Distribution – It has been pioneers in introducing and perfecting consignment distribution especially to the pharmaceutical industry where it is popularly known as CSA - Consignment Sales Agent or Del Credre Agent or Distributor on Consignment. This not only means customized warehousing but also involves Inventory management, order processing, invoicing on behalf of customers under its banner, taking responsibility of payments i.e. accounts receivable and making periodical payments to principal companies.

4) Intra-city distribution – It is planning to have its own fleet of containerized LCVs for intra-city distribution of products from the principal company's distribution points to end customers. This, not only means worry-free deliveries to its clients in protected vehicles but also ensures on-time deliveries so that the client can concentrate more on core strengths i.e. marketing and selling.

5) Transport Services - Parekh has tie-ups and strategic alliances with networks of reputed transporters to carry cargo - be it a small parcel, break bulk, ODC consignments, liquids, etc, from point to point, anywhere in India. It can provide LCVs to containerized vehicles to refrigerated vehicles. The company is in the process of acquiring the latest technology enabling all cargo shipments to be tracked at every step, through its tracking and tracing systems.

Its Value-Added Services are:-

• Financial Services
• IT and Management Information Services
• Legal Services
• Banking Services & Funds Flow Management / Analysis
• Inventory Management
• Payments Collections
• Reconfiguration & Kitting
• Labeling & Tagging
• Repacking
• Order Processing