MIRA INFORM REPORT

 

Report Date :

13.06.2007

 

IDENTIFICATION DETAILS

 

Name :

POLYCAB WIRES PRIVATE LIMITED

 

 

Registered Office :

1st Floor, HICO House, 771, Pandit Satwalekar Marg, Mahim (West), Mumbai - 400 016, Maharashtra

 

 

Country :

India

 

 

Financials (as on) :

31.03.2006

 

 

Date of Incorporation :

10.01.1996

 

 

Com. Reg. No.:

11-96105

 

 

CIN No.:

[Company Identification No.]

U31300MH1996PTC096105

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

MUMP15167F

 

 

PAN No.:

[Permanent Account No.]

AAACP6474E

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Manufacturing of LT PVC / XLPE power, control, instrumentation cables, flexible, house wires, ACSR, AAAC, Ariel Bunched wires.

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Maximum Credit Limit :

USD 3400000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well established and reputed cable manufacturers having fine track records. The company is controlled by Jaisinghani family whose means are large. Financial position is good. Market share is important. Payments are usually correct and as per commitments.

 

The company can be considered good for any normal business dealings at usual trade terms and conditions.

 

LOCATIONS

 

Registered Office :

1st Floor, HICO House, 771, Pandit Satwalekar Marg, Mahim (West), Mumbai - 400 016, Maharashtra, India

Tel. No.:

91-22-2432 7070 – 74 (Extn. 215 / 216)

Fax No.:

91-22-2432 7075 / 432 2141

E-Mail :

polycab@bom3.vsnl.net.in

polycab@vsnl.com

Website :

http://www.polycab.com

http://www.polycabwires.com

Location :

Rented

 

 

Factory 1 :

74/7-8, Daman Industrial Estate, Village Kadaia, Daman – 396 210, Union Territory

Tel. No.:

91-260-2220422/25/28/257104/6/7/257115

Fax No.:

91-260-2221009/257109

E-Mail :

polycab@egujarat.net

Location :

Leased

 

 

Branches :

R-898, New Rajendra Nagar, Ground Floor, New Delhi - 110 060

Tel. No. 91-11-25842338/25842340/25773194/25773198

Fax No. 91-11-258423385

E-mail. polycab@del3.vsnl.net.in

 

51, B. V. K. Iyengar Road, Bangalore  - 560 053, Karnataka

Tel. No. 91-80-2263703/2263467

Fax No. 91-88-2263703

 

L-2, Palladium, Elamakkara Road, Ernakulam, Kochi - 682 026, Kerla

Tel. No. 91-484-2337341

Fax No. 91-484-2337341

 

258, Kilpauk Garden Road, Kilpauk Regency, Chennai – 600010, Tamilnadu, India

Tel. No. 91-44-26443100/26600680

E-mail : polycab@md5.vsnl.net.in

 

Rishi Agencies, 7-1-869, 1st Floor, Secunderabad – 500003

Tel. No. : 91-40-27704815/16/17/27703917

Fax No. : 91-40-27704818

E-mail : omkar@pol.net.in

 

18, Hari Bhakti Extension, Old Padra Road, Race Course Circle, Baroda – 390007, Gujarat

Tel. No. : 91-265-2310077

Fax No. : 91-265-2336862

E-mail : pwplbrd@vsnl.com

 

DIRECTORS

 

Name :

Mr. Ramesh T. Jaisinghani

Designation :

Director

Address :

701/2, Salisbury Park, 82, Hill, Bandra (West), Mumbai – 400052

Date of Birth/Age :

07.05.1956

Date of Appointment :

10.01.1996

 

 

Name :

Mrs. Raju G. Jaisinghani

Designation :

Director

Address :

8, Morning Glory, St. Andrews Road, Bandra (West), Mumbai – 400052

Date of Birth/Age :

05.09.1948

Date of Appointment :

10.01.1996

 

 

Name :

Mrs. Suhasini S. Shah

Designation :

Director

Address :

8, Ramjharukha, S V Road, Andheri (West), Mumbai – 400058

Date of Birth/Age :

22.11.1947

 

 

Name :

Mr. Inder T. Jaisinghani

Designation :

Director

Address :

701/2, Salisbury Park, 82, Hill, Bandra (West), Mumbai – 400052

Date of Birth/Age :

29.03.1952

Date of Appointment :

20.12.1997

 

 

Name :

Mrs. Reina R. Jaisinghani

Designation :

Director

Address :

701/2, Salisbury Park, 82, Hill, Bandra (West), Mumbai – 400052

Date of Birth/Age :

11.08.1961

Date of Appointment :

20.12.1997

 

Name :

Mr. Shirish S. Shah

Designation :

Director

Address :

8, Ramjharukha, S V Road, Andheri (West), Mumbai – 400058

Date of Birth/Age :

02.03.1946

Date of Appointment :

20.07.1998

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

Names of Shareholders (29.08.2005)

No. of Shares

Mr. Ramesh T. Jaisinghani

1192600

Mrs. Raju G. Jaisinghani

200400

Mrs. Suhasini S. Shah

10400

Mr. Inder T. Jaisinghani

2384600

Mrs. Reina R. Jaisinghani

1192000

Mr. Kartik S. Shah

20000

Total

5000000

 

31.03.2006

Directors or relatives of director – 100%

 

BUSINESS DETAILS

 

Line of Business :

Manufacturing of LT PVC / XLPE power, control, instrumentation cables, flexible, house wires, ACSR, AAAC, Ariel Bunched wires.

 

 

Products :

House wires

Normal PVC / FRLS PVC insulated / 0-Halogen

 

Flexible cables

Panel board wires

Multicore cable

Flat control / Power cable

Submersible cable

Lift / Trailing cables

 

LT 1100 volt grade cables       

PVC insulated power cables - copper / aluminium

PVC insulated control cables - copper

XLPE insulated power cables - copper / aluminium

XLPE insulated control cables - copper

 

Instrumentation cables

LDPE / PVC insulated control cables

LDPE / PVC insulated pair / traid cables

LDPE / PVC insulated thermocouple extn and compensating cable

LDPE / PVC insulated quard cables

 

Railway Signalling cables approved by R.D.S.O. and Rites

Quard cables

Core cables

 

LT 1100 Volt Grade Rubber Cables        

EPR insulated / PCP or CSP sheathed cables

Silicon insulated cables

TRS / Trailing cables

Welding Cables

Mining Cables

 

Fire Survival cables

Control / Power / Instrumentation

Zero Halogen (Halogen) Free cables     

Structure cables                                     

Lan cables

RF - 50 Ohms / 75 Ohms cables

RG Co-axial cables

 

Telephone cables

Switchboard cables (armoured / unarmoured)

Jelly filled - PIJF cables upto 1200 pairs

 

PVC Compound                                     

PVC compound for cables

PVC compound for shoes

PVC master batches

H.R. / F. R. / FRLS compounds

 

H.T. - XLPE cables from 11 kV to 33 kV voltage cable

Aerial bunched cables

 

Aluminium alloy conductors   

All aluminium + ACSR + AAAC

 

All PVC cables can be given in normal PVC type 'A' or type 'C' insulation and FR or FRLS sheaths.  Cables as per all standards can be offered.

 

0-Halogen fire survival

 

Winding submersible wires

 

Autocable / battery cable harness

 

PRODUCTION STATUS

 

Particulars

Unit

 

Installed Capacity

Actual Production

Electrical Cable & Wires

KM

 

250000

197514

 

GENERAL INFORMATION

 

Customers :

v      ABB Limited

v      ACC Babcock Limited

v      Aditya Cement Limited

v      Advani Oerlikon Limited

v      AE Company Limited

v      Aluminium Industries Limited

v      Amit Spinning Industries Limited

v      Andrew  Yule & Company Limited

v      Apollo Tyres Limited

v      Ashima Spin Fab Limited

v      Asian Electronics Limited

v      Atic Industries Limited

v      Atul Products Limited

v      Best & Crompton India Limited

v      Bhadrachalam Paper Boards Limited

v      Bhilai Steel Plant

v      Birla Cellulosic Limited

v      Birla Copper Limited

v      Birla Jute & Veatch India Private Limited

v      Blue Star Limited

v      Bokaro India Limited

v      Bokaro Steel Plant

v      Boots India Limited

v      Buckau Wolf India Limited

v      Bharat Heavy Electricals Limited

v      BSES Limited

v      Bajaj Auto Limited

v      Bajaj Electricals Limited

v      Ballarpur Industries Limited

v      BASF (India) Limited

v      Batliboi Limited

v      Bayers India Limited

v      Bechtel International Limited

v      Bennet Coleman & Company Limited

v      Bermaco Energy Systems Limited

v      City Development Corporation (CIDCO)

v      CMS Computers Limited

v      Cochin Refineries Limited

v      Coimbatore Cots & Coatings Limited

v      Crompton & Greaves Limited

v      Cadbury India Limited

v      Caprihans India Limited

v      Century Denim Limited

v      Century Enka Limited

v      Chemox Chemicals Limited

v      Ciba CKD Biochem Limited

v      Dhabhol Power Company

v      Damodhar Tech International

v      Datar Switchgear Limited

v      Deepak Fertilisers Limited

v      Deepharma Limited

v      Degremont India Limited

v      Department of Atomic Energy

v      DGP Windsor Limited

v      Diamond Dyechem Limited

v      EMCO Transformers Limited

v      Emerald Papermills Private Limited

v      Essar Oil Limited

v      Essar Power Limited

v      Galick Engineering

v      Gammon India Limited

v      Gharda Chemicals Limited

v      GIPCL

v      GKD Textiles Limited

v      Godrej  & Boyce Limited

v      Grasim Cement

v      Grasim Industries Limited

v      Graves Cotton Limited

v      M. N. Dastur & Company Limited

v      Tata Consultancy Engineers

v      Bechetel Limited, UK

v      Jacobs Humpreys & Glasgow Consultants Limited

v      Toyo Engineers Limited

v      Reliance CPPS Hazira

v      Karnataka Electricity Board

v      Neyevli Lignite Corporation

 

 

No. of Employees :

700

 

 

Bankers :

v      State Bank of India, IFB, Sakinaka, Andheri, Mumbai – 400 072, Maharashtra, India

v      State Bank of India, Daman

v      ICICI Bank, Nariman Point, Mumbai – 400021

 

 

Facilities :

--

 

 

 

Banking Relations :

Satisfactory

 

 

Auditors :

 

Name :

Shashikant J. Shah & Company

Chartered Accountants

Address :

104, Sharda Chambers, 15, New Marine Lines, Churchgate, Mumbai – 400 020, Maharashtra

Tel. No.:

91-22-22017563

Fax No.:

91-22-22017563

E-Mail :

shahshashikant@hotmail.com

 

 

Associates/Subsidiaries :

v      Jaisingh Wires Private Limited

v      Polycab Cables Private Limited

v      Polycab Industries Private Limited

v      Polycab Industries, Daman

v      Thermoflex Cable Industries

v      Bharat Plastic Industries

v      D. K. Plastic Industries

v      Bharat Cable Industries

v      Polycab Sales & Services          

 

CAPITAL STRUCTURE

 

Authorised Capital :

No. of Shares

Type

Value

Amount

5000000

Equity Shares

Rs. 10/- each

Rs. 50.000 millions

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

5000000

Equity Shares

Rs. 10/- each

Rs. 50.000 millions

 


 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

31.03.2004

31.03.2003

31.03.2002

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

50.000

50.000

50.000

2] Share Application Money

0.000

0.000

0.000

3] Reserves & Surplus

823.802

644.334

506.180

4] (Accumulated Losses)

0.000

0.000

0.000

NETWORTH

873.802

694.334

556.180

LOAN FUNDS

 

 

 

1] Secured Loans

333.571

207.492

210.177

2] Unsecured Loans

23.912

29.425

90.794

TOTAL BORROWING

357.483

236.917

300.971

DEFERRED TAX LIABILITIES

18.381

15.555

0.000

 

 

 

 

TOTAL

1249.666

946.806

857.151

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

135.806

132.114

122.911

Capital work-in-progress

0.000

0.302

1.258

 

 

 

 

INVESTMENT

0.000

0.000

0.000

DEFERREX TAX ASSETS

0.000

0.000

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

573.245

468.761

443.848

 

Sundry Debtors

1334.803

992.787

797.227

 

Cash & Bank Balances

77.837

75.599

37.038

 

Other Current Assets

0.000

0.000

0.000

 

Loans & Advances

121.167

105.885

55.391

Total Current Assets

2107.052

1643.032

1333.504

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

Current Liabilities

993.202

828.655

569.047

 

Provisions

 

 

31.492

Total Current Liabilities

993.202

828.655

600.539

Net Current Assets

1113.850

814.377

732.965

 

 

 

 

MISCELLANEOUS EXPENSES

0.010

0.013

0.017

 

 

 

 

TOTAL

1249.666

946.806

857.151

 


PROFIT & LOSS ACCOUNT

 

PARTICULARS

 

31.03.2006

31.03.2005

31.03.2004

Sales Turnover [including other income]

10849.341

7371.639

4229.494

 

 

 

 

Profit/(Loss) Before Tax

1161.886

419.484

245.456

Provision for Taxation

0.000

0.000

65.827

Profit/(Loss) After Tax

1161.886

419.484

179.629

 

 

 

 

Export Value

0.000

0.000

250.272

 

 

 

 

Import Value

0.000

0.000

373.266

 

 

 

 

Total Expenditure

9687.455

6952.155

3984.038

 

 

KEY RATIOS

 

PARTICULARS

 

 

31.03.2004

31.03.2003

31.03.2002

PAT / Total Income

(%)

4.24

4.75

6.54

 

 

 

 

 

Net Profit Margin

(PBT/Sales)

(%)

5.80

6.60

7.10

 

 

 

 

 

Return on Total Assets

(PBT/Total Assets}

(%)

10.94

11.77

13.60

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

0.28

0.30

0.35

 

 

 

 

 

Debt Equity Ratio

(Total Liability/Networth)

 

1.54

1.53

1.62

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

2.12

1.98

2.22

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Business

 

The company also manufactures all cables, flexible and house wires in FRLS variety (Flame Retardant Low Smoke) which prevents propagation of fire. 

 

The company is exclusively engaged in the business segment of cables and wires only. Subject’s export turnover is less than 10% of total turnover.

 

The company is engaged in manufacturing, buying, selling, designing, importing, exporting, processing, annealing and stranding continuous casting of Aluminium, Copper, Steel, Irons and Metals of all kinds including alloys and metal composites, all kinds of insulated wires and cables sheathed wires – P.V.C. Cables, flexible wire and cable power and control cables, XLPE, FRLS, cables, instrumentation and signalling cables.

 

Generic names of the principal products of the company are as under :

 

Item Code No.

Product Description

8544

Cable & Wires

 

The company’s production status as on 31st March, 2004 was as under :

 

Name of product

Unit

Installed Capacity

Production

 

 

 

 

Electrical Cable & Wires

KM

250000

197514

 

operations

 

The total income for the year was recorded at Rs. 4229.500 millions as against Rs. 3163.400 millions in the previous year and a net profit of Rs. 179.500 millions as against Rs. 150.400 millions in the previous year. The margin on sales was slightly reduced due to rise in the material cost.

 

The company's Daman plant has been equipped with some of the latest and most advanced machinery imported from Europe, USA and Far East.

 

The company has one of the best laboratories in the country equipped with all the required test equipments.

 

The company has been awarded with "ISO-9002" Certification from Underwriters Laboratory, USA.

 

The company is one of the leading name in wire and cables with its proven track record of over three decades.

 

profile

 

The company is now one of the largest manufacturer for L. T. Power/Control, Instrumentation, House wires and Flexible, Auto/Battery, Submersible, ACSR, AAAC, Aerial Bunched Cables, H. T. Cables (upto 33 kcv), Rubber Cables, Dry/Jelly Filled Telecommunication Cables, CATV, LAN, Data and Communication Cables and coming in Optical Fibre Cables.

 

The company has over 35000 KM Limited Power/Control and HT Cables, 32 LCKM Dry/Jelly Filled Cables and 1.800 millions coils of house wires and flexible capacity per annum. And has been rated as one of the most prompt wires and cable company for delivers by several of its valued customers. The company has highly experienced, qualified and dedicated professional with strong adherence to the quality management system. Since Daman being a tax free zone, the customers had benefit of NIL Sales Tax. The company also has wide network of authorised distributors and dealers to cater to all the company's requirements.

 

The company combines material availability with technical expertise to develop the most cost effective cables and wires in order to meet the highly competitive international market. Backed by its dedicated Export Department and its representative in various countries, the company has ability to dispatch material and ensure that the immediate and ongoing needs of the clients are met world wide. In fact it in first and only country in India to had supplied material in the U.K. market in its own brand name.

 

The company is Registered Small Scale Industry.

 

The company has been awarded with ISO 9002 Certification in the year 1998-99 by Underwriters Laboratories Inc., USA for the quality system.

 

The company's fixed assets of important value include freehold land, buildings, plant & machinery, electrical installation, dies, furniture, fixtures & office equipments and motor car.

 

Corporate identity number (CIN) Foreign company registration number

U31300MH1996PTC096105

Name of the Company

POLYCAB WIRES PRIVATE LIMITED

Address

1st Floor, HICO House, 771, Pandit Satwalekar Marg, Mahim (West), Mumbai - 400 016, Maharashtra

This form is for

Creation Charge

Type of Charge

Hypothecation

Particulars of the charge holder 

ICICI Bank, Nariman Point, Mumbai – 400021

Nature of the instrument charge

Joint deed of hypothecation

Date of instrument charge

05.05.2006

Amount secured by the charge

Rs. 2450.000 Millions

Brief of the principal terms and conditions 

Rate of Interests – As would be determined by bank from time to time

Description of the property charged indicating

Stock in trade, plant & machinery and book debts

Particular of the property charged

The whole of the current assets of the borrower namely, stock of raw material stocks in process, semi finished goods and finished goods, stores and spares

Charge identification

 

 

 

 

WEBSITE DETAILS

 

COMPANY PROFILE

 

Polycab is one of the leading names in Wires & Cables with its proven track record of over three decades. The company has achieved a consistent growth of more than 25% per annum. This growth is attributed to company’s commitment towards “Total Customer Satisfaction” in terms of Quality and Services for the entire range of its products. Dedicated towards continuous improvements, the company expanded its facilities from Halol and Baska to setup an ultra modern state-of-the-art plant at Daman with machinery & equipment from Europe & USA in approx. Rs. 0.400 Millions sq. ft. area, in 1997. The plant is equipped with one of the best laboratories in the country.

 

The company is, now one of the largest manufacturer of L.T. Power/Control, Instrumentation, House wires & Flexible, Auto/ Battery, Submersible, ACSR, AAAC, Aerial Bunched Cables, H.T. Cables (upto 33 kV), Rubber Cables, Dry/Jelly Filled Telecommunication Cables, CATV, LAN, Data & Communication Cables and coming in Optical Fibre Cables.

 

Polycab is an ISO: 9002 certified company with Underwriters Laboratories USA, a certifying body having more than 50 years experience of wires & cables. POLYCAB has to its credit, approvals from most of the leading project consultants, architects and decision makers.

 

In order to improve service further, the company is now operating on Client-Server technology based “Enterprise Resource Planning” Software linked to its bases in Daman & Bombay and branch offices country wide.

 

The company has an annual capacity of over 35000 km LT Power/Control & HT Cables, 50 lckm Dry/Jelly Filled Cables and 40 lac coils of house wires & flexibles and has been rated as one of the best company in the Wires & Cables industry for prompt delivering.

The company has highly experienced, qualified, and dedicated professionals with strong adherence to the quality management system. Since Daman being a tax free zone, the customers have benefit of NIL Sales Tax. The company also has a wide network of authorised distributors and dealers to cater to all the requirements.

 

Growth                                             

 


Polycab is one of the leading names in Wires & Cables with its proven track record of over three decades. The company has achieved a consistent growth of more than 25% per annum. This growth is attributed to company's commitment towards "Total Customer Satisfaction" in terms of Quality and Services for the entire range of its products.

 

Exports                             

 


With it's tradition to satisfy all it's customers requirements, from an immediate demand to an integrated Cable Management-quickly, efficiently & competitively, Polycab combines material availability with technical expertise to develop the most cost effective cables and wires in order to meet the highly competitive international market.

Backed by its dedicated Export Department & its representatives in various countries, Polycab has, the ability to dispatch material and & ensure that the immediate & ongoing needs of the clients are met- WORLD WIDE. In a very short span it has managed to execute orders from around the globe. In fact it is First & Only country in India to have supplied material in the U.K. market in its own brand name.

With an unrivalled track record for long-term support, excellent service and dedication to quality, the company has been rated as the first and certain choice for wires and cables by many buyers in the international market.

 

Sales Analysis                  

 


Polycab is one of the leading names in Wires & Cables with its proven track record of over three decades. Cables, Dry/Jelly Filled Telecommunication Cables, CATV, LAN, Data & Communication Cables and coming in Optical Fibre Cables.

The company is, now one of the largest manufacturer for L.T. Power/ Control, Instrumentation,House wires & Flexible, Auto/Battery, Submersible, ACSR, AAAC, Aerial Bunched Cables, H.T. Cables (upto 33 kV), Rubber Cables, Dry/Jelly Filled Telecommunication Cables, CATV, LAN, Data & Communication Cables.

 

Their Prime Market Segment                      

 


AIRPORTS
AUTOMOIBILE INDUSTRY
BUILDING & CONSTRUCTION INDUSTRY
CEMENT INDUSTRIES
CHEMICAL & PROCESS INDUSTRIES
COMBINED GAS CYCLE POWER GENERATION
DEFENCE INSTALLATIONS
FERTILISERS INDUSTRIES
HOSPITALS
HOTELS/BUILDING INDUSTRIES
HYDRO POWER GENERATION
INFORMATION TECHNOLOGY INDUSTRIES
MACHINE BUILDING INDUSTRIES
MINING
OFFSHORE PLATFORMS
PANEL & SWITCHGEAR FABRICATORS
PETROCHEMICAL INDUSTRIES/LPG PLANTS
PETROLEUM REFINERIES & PORT TERMINALS
POWER & ELECTRICITY DISTRIBUTION INDUSTRY
RAILWAYS
SHIPPING & MARINE INDUSTRIES
SPACE TECHNOLOGEY
STEEL INDUSTRIES
TELEPHONE INDUSTRIES, COMMUNICATION & STRUCTURAL
TEXTILE INDUSTRIES
THERMAL POWER GENERATION

 

PICTURES OF CERTIFICATES

v      ASIAN BROWN BROVIRE

v      BHARAT HEAVY ELECTRICALS LIMITED

v      CENTRAL POWER RESEARCH INSTITUTION

v      ELECON ENGINEERING COMPANY LIMITED

v      ELECTRICAL RESEARCH AND DEVELOPMENT ASSOCIATION

v      GRASIM

v      HINDUSTAN PETROLEUM CORPORATION LIMITED

v      ISPAT INDUSTRIES LIMITED

v      I.T.C.LIMITED

v      JAWAHARLAL NEHRU PORT TRUST

v      KARNATAKA POWER CORPORATION LIMITED

v      LARSEN & TOUBRO LIMITED

v      MAZAGON DOCK LIMITED

v      MUMBAI PORT TRUST

v      OIL & NATURAL GAS CORPORATION

v      RELIANCE INDUSTRIES LIMITED

 

Products

 

Flexible Cables                   

 

 

POLYCAB Brand, PVC insulated L.T. Light Duty Cables are as per IS:694-1990 and are suitable for fixed wiring and flexible operation.


The cables are suitable for use on AC single phase or three phase (earthedor unearthed) system for rated voltage up to and including 1100 volts. These cables can be used on DC systems for rated voltage up to and including 1500 Volts to earth.


CONDUCTOR: The most acceptable metals for conductors are copperand aluminium due to their higher conductivity and ductility as copper has got higher affinity for sulphur, it corrodes in the atmosphere where sulphurfumes are present. In these conditions tinned copper should be used.


CONDUCTOR CONSTRUCTION: The most economical construction for conductor is solid conductor i.e. conductor is made of one single wire. As the area of conductor increases, solid conductor becomesmore stiff and hence difficult to handle. In this case stranded construction is adopted. The construction of conductors as per IS-694, and they must comply with IS-8130/1984 which is the specification for conductors for electric cables.


INSULATION: The PVC covering over conductor is called insulation and provided by extrusion process. The insulated conductor is called a core. As per IS-964 the insulation should be of type A PVC compound

as per IS-5831 and it is suitable for 70° C continuous operation.


LAYING UP: In case of multicore cables the cores are laid up with suitable lay.


SHEATH: The PVC coating on core and on laid up cores in case of multi-core cables is called SHEATH. As per IS-694 it should be of type ST-1 PVC compound as per IS-5831.IT is suitable for70° C continuous operation.

DELIVERY LENGTH: The cables are generally delivered in 100 Mtrs coils wrapped with polyenthylene/Hessian,or packed in card board boxes. The bigger size cable are supplied on wooden drums.

 

House wires                                                           

 

Fire breck FRLS

ZHFR

PVC House Wires

 

 

UNIQUE PROCESS FEATURES

  • On-line wire drawing and annealing.
  • High speed extruders (upto 500 meters per minute).
  • Twin pvc insulated (upto 4 sq.mm.)for better insulation & electrical properties.
  • Automatic on-line critical diameter control.
  • stringent quality control.


One name in house wires which inspires confidence in consultants, architects and builders today is POLYCAB. One of the most sought-after brands of house wires, Polycab has built up a requtation for commercial foresight and solid integrity. Polycab house wires carry a guarantee that far exceeds the ISI Certification they possess. Tested at every stage and supervised by experienced engineers, Polycab house wire are making a name for themselves in both Indian and world markets.

POLYCAB 650/1100V

SINGLE CORE, TWIN INSULATED WIRES

SINGLE CORE, UNSHETHED WIRES

Co-Axial Cables                                                      

 

Features & Advantages

1) Minimun loss in signal quality : better reception

2) Higher band width : larger network expansion,100 plus channels

3) Low attenuation value : less electromagnetic interference

4) Minimum structural return loss

5) Moisture proof : Ideal for tropical conditions


Polycab, one of the leading Cable manufacturer of the country, now introduces Co-axial Cables for Cable TV Network. The Company's most modern plant at Daman, aided with intelligent R&D efforts and rigorous quality measures has produced co-axial cables that's technologically advanced and unrivalled. Its ideal combination of electrical and physical properties makes it the preferred choice for a variety of application in CATV network by public and private operators in India and abroad alike. The center conductor is made of electrolytic grade solid copper free from all impurities and deformities to ensure better signal transmission. The conductor is insulated with foam dielectric made of imported polythylene injected with nitrogen gas, which is superior and also environment-friendly than chemical foam. The double screen of special composite type bonded aluminium foil and special grade aluminium alloy braiding of 60% coverage ensures low loss in signal quality, additional mechanical strength and resistance to oxide formation in tropical weather condition. The specially designed in-house PVC compound used in the jacketing, is uv and abrasion resistant.


Polycab co-axial cables are fully tested for all parameters by computerised analyser.Co-axial cable with steel wire armouring can also be supplied for underground application. Also under production are RG 59F, RG 58, RG 213, RG 217, RG 224 etc.

Construction
Parameters

Cable Type

RG 11F

RG 6F

Center Conductor
Nom. Dia. (mm)

Solid bare copper
1.63

Solid bare copper
1.02

Dielectric
Nom. Dia. (mm)

Foam PE
7.11

Foam PE
4.57

Outer Conductor
1st Shield
2nd Shield
Min. Coverage (%)


Al-Foil Bonded
Al-Alloy Braiding
60


Al-Foil Bonded
Al-Alloy Braiding
60

Jacket
Nom. Dia. (mm)

PVC Black/White
10.30

PVC Black/White
7.25

Bending 'radius (mm)

70

60

 

Electrical
Parameters

Cable Type

RG 11F

RG 6F

Center Conductor
(Max. resistance at 20ˇ)

0.85 ohm/100 mtr.

2.14 ohm/100 mtr.

Nom. Capacitance (PF/Mtrs.)

53 ± 3

53 ± 3

Characteristics
Impedance (Ohms)


75 ± 3


75 ± 3

Nom. Velocity Ratio (%)

85

85

Attenuation @ 20ˇc
(db/100 Mtrs.) at
5 MHz
55 MHz
211MHz
250 MHz
300 MHz
350Mhz
400MHz
450 MHz
550MHz
600MHz
750 MHz
865 MHz
1000 MHz



1.25 db
3.15 db
6.23 db
6.72 db
7.38 db
7.94 db
8.53 db
9.02 db
9.97 db
10.43 db
11.97 db
13.05 db
14.27 db



1.95 db
5.20 db
9.50 db
10.50 db
11.50 db
12.45 db
13.30 db
14.35 db
15.70 db
16.45 db
18.35 db
19.95 db
21.45 db

 

Lan/Structural Cables                         

 

 

SALIENT FEATURES

Low attenuation and crosstalk

Low Structural return Loss

UL verified cables


POLYCAB brings to you LAN Cables best suited to the specific Applications. These are certified by the world renowned Under Writers Laboratories Inc. USA (UL). The Cables are verified to the performance category - 5/5e requirements of TIA/EIA 568 - A & UL 444 for Transmission performance.


Polycab Lan cables are suitable for voice, Data, Video and Low Voltage Control, It is suitable for all Lan topologies including Horizontal and Vertical distribution Plenum and Riser.


The conductor is made of Electrolytic plain annealed solid copper of size 0.5 mm., High quality Polyethylene Insulated with suitable colour code,twisted pair, Unshielded light grey PVC Jacketed with improved fire characteristic meeting requirements of IEC - 332 - high oxygen and temperature index.

The UL ISO - 9002 certification ensures the quality of cables and its intended performance.

 

 Telephone Cables                              

 

 

Telecommunications Cables

Designation

Description

Electrical
  Characteristics  

Applications

Pairs cable with polyethylene insulation
TE1HE

 

Annealed copper conductors (diameters 0,4 - 0,5 - 0,6 - 0,9) with solid PE insulation (E). Over the cable core a polyethylene-coated, aluminium foil (1H) is longitudinally applied providing transversal water tightness.
PE outer sheath (E).

Maximum conductor
resistance (ohm/km)
150  (Ř=0.4)
95.9  (Ř=0.5)
66.6  (Ř=0.6)
29.0  (Ř=0.9)

External telephone networks for local connections

Pairs cable with polyethylene insulation
TE1HES
Self Supported
(8 Figure)

 

Annealed copper conductors (diameters 0,4 - 0,5 - 0,6 - 0,9) with solid PE insulation (E).
Over the cable core a polyethylene-coated, aluminium foil (1H) is longitudinally applied providing transversal water tightness.
Over the tape and the suspension strand (S) a PE outer sheath (E) is applied, forming a "8" figure cable.

Mutual capacitance
(nF/km)
average:  55
individual:  64

External telephone networks for local connections.
Aerial installations.

Pairs cable with polyethylene insulation
TE1HEAE
TE1HE2AE
Armoured

 

Annealed copper conductors (diameters 0,4 - 0,5 - 0,6 - 0,9) with solid PE insulation (E).
Over the cable core a polyethylene-coated, aluminium foil (1H) is longitudinally applied providing transversal water tightness.
Over the screen a PE inner sheath (E) is applied, and over this one a steel tape (A) or corrugated steel tape (A) or corrugated steel tape (2A) armour.
PE outer sheath (E).

Capacitance Unbalanced
(pF for 1000 mts)
400  (Ř=0.4, 0.5, 0.6)
270  (Ř=0.9)

Ideal for a good protection against rodents or against mechanical aggressions.
Directly Buried.

Pairs cable with polyethylene insulation
T1EG1HE
Jelly Filled

 

Annealed copper conductors (diameters 0,4 - 0,5 - 0,6 - 0,9) with cellular PE insulation (1E). The interstices of the cable core are filled with a water blocking jelly (G) providing longitudinal water tightness.
Over the cable core a polyethylene-coated, aluminium foil (1H) is longitudinally applied providing trasversal water tightness.
PE outer sheath (E).

Minimum isulation
resistance:
without jelly - 10 Gohm.km
with jelly - 5 Gohm.km

External telephone networks for local connections.

Polycab reserves the right to change at any time, without notice or engagement, the technical data mentioned on this catalogue.


THE FOLLOWING ARE THE VARIOUS CATEGORIES OF TELEPHONE CABLES

1) SWITCHBOARD CABLE (ARMOURED/UNARMOURED)
2) JELLY FILLED - PIJF CABLES UPTO 1200 PAIRS
3) QUAD CABLES

 

Instrumentation Cables                       

 


Instrumentation cable annealed tinned copper conductor with PVC insulated type C colour core number printing will be provided for identification core twisted to form a pair and the pair will be laid upto form a round symmetrical shape plain polyester tape and screened by annealed tinned copper wire braided/or aluminium miller tape, with 95% coverage. Inner sheath will extruded P.V.C. (ST 1) armour with G.I.wire 1.0mm. outer sheath with P.V.C.

THE FOLLOWING ARE THE VARIOUS CATEGORIES OF INSTRUMENTATION CABLES.



1) LDPE/PVC INSULATED CONTROL CABLES

2) LDPE/PVC INSULATED PAIR / TRAID CABLES

3) LDPE/PVC INSULATED THERMOCOUPLE EXTN COMPENSATING CABLE

4) LDPE/PVC INSUALTED QUAD CABLES

5) SHIELDED/COPPER BRAIDED CABLES

 

H.T. Cables                                

 

 

ADVANTAGES OF POLYCAB XLPE CABLES


Higher Electrical Strength* Higher short Circuit Rating.
Better Electrical, Mechanical & Thermal properties
Easy jointing & Termination.


Polycab HTXLPE Cables upto 33KV are manufactured at its modern manufacturing setup at Daman. Technological upgradation and Polymer revolution has replaced the conventional paper insulated cables with crosslinked Polyethelene (XLPE) having better electrical, mechanical and thermal properties with reduced cable weight and dimentions. Worldwide acceptable trends are adopted by Polycab in manufacturing of High Voltage Cables upto 33KV.


Flame Retardant (FR), Flame Retardant Low smoke (FRLS) and Halogen Free Flame Retardant (ZHFR) Sheathed HT XLPE Cables are also manufactured.


The XLPE cables are manufactured on sophisticated triple extrusion line, in highly quality conscious environment with testing and inspection from raw material to finished cables. The assurance of quality is further ensured by ISI certifications NO.CM/L-7180366 On cables and ISO 9002 certification by u, USA,A-7913.

Polycab manufactures following voltage grade cables as per IS-7098 (Part 2), IEC-60502 and BS-6622.

 

1)19/33 kv Screened Cables (33kv Earth)
2)12.7/22 Kv Screened Cables (22 Kv Earth)
3)11/11 Kv (UE) Screened cables Cables.
4)6.6/6.6 Kv Screened Cables [6.6 Kv (UE) & 11 Kv (E)]
5)3.8/6.6 Kv Screened Cables.
6)3.3 Kv (E) and (UE)Unscreened/Screened Cables.

 

Sizes:
50 Sq. mm to 1000 Sq.mm in single Core Cables. 25 Sq. mm to 400 Sq. mm in Multi Cores Cables.

 

 

 

Lt 1100 VOLT Grade Cables                            

 

 

TECHNICAL ADVANTAGES


*Higher current rating, higher short Circuit Rating (Approx.1.2 times that   of PVC)
* Thermosetting in nature.
* Higher insulation resistance-1000 times more than PVC cables
* Higher resistance to moisture.* Better Resistance to Surge currents.
* Low Dielectric Losses.* Better resistance to chemicals and corrosion.
* Longer service life.
*comparatively higher cable operating temperature 90° and short circuit   temperature 250°c.

 

COMMERCIAL ADVANTAGES


* Lower laying cost because of comparatively smaller diameter of cable   and lighter weight.
* Requiring Less size of cable trays/supports.
**One size lower cable can be used as compared to PVC insulated cable.
*Density of XLPE is lower than PVC
**For longer cable length voltage drop shall be considered.


POLYCAB has established its name in India and abroad for its quality and commitment to customer satisfaction.

To meet ever increasing demand of POLYCAB cables, POLYCAB has put up a new state of the art manufacturing unit at Daman (U.T.). The manufacturing of XLPE insulated heavy duty cables is by adaptation of latest technology. The XLPE cables are manufactured as per IS-7098 Part-1 & Part-2 and can also be manufactured to meet the requirements of any of international standards like BS-5467, IEC-60502, DIN etc.The XLPE compound used is obtained from reputed international sources, meeting all required parameters. The cables are manufactured in highly quality conscious environment with testing and inspection from raw-materials to finished cable stage.The assurance to the quality is further ensured by ISI certification on cables and ISO-9002 certification by UL, USA.



The XLPE insulated heavy duty cables were introduced worldwide in mid sixties. These cables have overcome the limitation of PVC Insulated Cables such as thermal degradation, poor moisture resistant and thermoplastic in nature. Selection of Power Cables :


Power cables are generally selected considering the application. However following factors are important for selection of suitable cable construction required to transport electrical energy from one end to the other.

(1) Maximum operating voltage.

(2) Insulation level.

(3) Frequency.

(4) Load to be carried.

(5) Possible overloading duration & magnitude.

(6) Route length and voltage drop.

(7) Mode of installation considering installation environment such as ambient & ground temperature chemical 7 physical properties of soil.

(8) Flame retardant properties.

(9) Plant safety Requirements.



All sizes of POLYCAB XLPE cables are designed to standard operating conditions in India and abroad. The standards adopted are considering the geographical/climatic conditions and general applications of power for utilities, distribution and general purposes. The cables are manufactured conforming to Indian & International specification for XLPE Insulated cables. Customer specific requirements can also be met.
Polycab manufacture a wide range of cables, so it is important that while placing enquiries or orders, as much information as possible should be furnished, so that the enquiries and orders are dealt quickly and efficiently.

Parameters required are as under :


(1) Voltage Grade - 650 /1100 Volts


(2) Relevant Indian Standard - IS-7098 (Part-1) -1988 or International standard - IEC-60502 & BS-5467/DIN.


(3) Number of cores. - Single, Two, Three, Three & Half or Four Cores.


(4) Conductor - Size, wherever applicable size of reduced natural conductor


(5) Conductor Material - Copper / Aluminium


(6) Type of Insulation - XLPE


(7) Type of Inner Sheathing -PVC Wrapped/PVC Extruded.


(8) Type of Armour - Unarmoured/Strip Armoured/Wire Armoured/Tape Armoured


(9) Type of Outer Sheath - PVC/Flame Retardant/Flame Retardant Low Smoke/Zero Halogen (LSOH).


(10) Length of cable required and drum lengths.



THE FOLLOWING ARE THE VARIOUS CATEGORIES OF LT 1100 VOLT GRADE CABLES


1) PVC INSULATED POWER CABLES - COPPER / ALUMINIUM


2) PVC INSULATED CONTROL CABLES - COPPER


3) XLPE INSUALTED POWER CABLES - COPPER / ALUMINIUM


4) XLPE INSULATED CONTROL CABLES - COPPER

ALL CABLES CAN BE OFFERED IN ACCORDANCE WITH SPECIFICATIONS (AS APPLICABLE FOR VARIOUS TYPES WIRES & CABLES) AS PER IEC, BS, DIN/VDE,JIS, IS OR CUSTOMER SPECIFIC STANDARDS.

 

Submersible Cables

  

 

PVC INSULATED WINDING WIRES & 3 CORE FLAT/ROUND SUBMERSIBLE CABLES

Polycab is one of the largest manufacturer of variety of cables. Polycab Wires & Cables are trusted for wide variety of applications throughout the country and abroad. It manufactures Power Cables, Instrumentation Cables, Automobile Cables, Telecommunication & Networking Cables, Housewires & Flexibles, Appliance Cords, H. T., Telephone, Winding Wires & Flat Cables for Submersible Pump Motors etc. The construction design and quality of these cables are best suited for the intended application.

For over three decades Polycabs aim is to manufacture Cables of highest quality and to provide customer satisfaction that is unequalled in the country. Polycab is committed for the product quality, reliability, safety and excellent customer service.

Flat Cables for Submersible Pump Motor

Polycab Flat Cables are manufactured for critical space requirement, Protection against indefinite immersion in water under specified conditions, protection against raining water and protection against ingress of small solid foreign bodies.

Polycabs Flat Cables are produced from best quality electrolytic copper drawn, on-line annealed & bunched on automatic manufacturing machines. The conductors are insulated with a special grade of PVC and outer sheath consists of a highly abrasion resistant PVC compound. These cables processed on sophisticated twin extrusion line meets and withstands the demanding needs of submersible pump motor power supply.

 

 

 

CORE FLAT CABLES

CONDUCTOR

INSULATION

SHEATH

Conductor
Resistance @20°(Max.)
Ohms/Km

Current carrying
capacity @40°c
Amps

 

Overall Dimensions

AREA(NOM.)
Sq.mm.

Number size of wires mm

Thickness(Nom.)mm

Core
dia.(Nom.)
mm

Thickness
(Nom.)
mm

SIZE(W*t)
mm

1.5

22/.3

0.8

3.20

1.15

11.9 x 5.5

12.10

14

2.5

36/.3

0.9

3.85

1.15

13.85 x 6.15

7.41

18

4.0

56/.3

1.0

4.50

1.15

15.8 x 6.8

4.95

26

6.0

84/.3

1.0

5.00

1.15

17.3 x 7.3

3.30

31

10.0

140/.3

1.0

5.90

1.40

20.5 x 8.7

1.91

42

16.0

226/.3

1.0

6.95

1.40

23.65 x 9.75

1.21

57

25.0

354/.3

1.2

8.65

2.00

30 x 12.65

0.780

72

35.0

495/.3

1.2

9.90

2.00

33.7 x 13.9

0.554

90

50.0

703/.3

1.4

12.10

2.20

40.7 x 16.5

0.386

115

70.0

360.5

1.4 1

3.70

2.20

45.5 x 18.1

0.272

143

95.0

475/.3

1.6

15.80

2.40

52.2 x 20.6

0.206

165


Note : Insulation thickness, Sheath thickness and overall imensions given in this table are nominal values. The number of wires is approximate and strand diameter is nominal; they shall be such as to satisfy the requirements of conductor resistance as per IS 8130/1984 4 Core and 5 Core cables up to 4 sq. mm are available request.

Double Sheathed Round Submersible Cables

Double sheathed round 3 core and 4 core cables are better suited for heavy duty applications like sewage, slurry and dewatering pumps. These conditions requires the sheathing tobe able to withstand abrasion, prevent ingress of water along the interstices of the cable, and be resistant to acidic fluids and chemicals.

3 CORE AND 4 CORE ROUND CABLES

Conductor

Radial Thickness Insulation (Nom.)mm

Thickness Inner Sheath Approx

Thickness Outer Sheath Nominal

Overall Diameter Nominal

Area Sq.mm

NO. & Size of wire mm

3 Core mm

4 Core mm

3 Core

4 Core

3 Core

4 Core

1.5

30/.25

0.6

1.0

1.0

1.2

1.2

10.8

12.0

2.5

50/.025

0.7

1.0

1.0

1.2

1.2 1

3.2

13.8

4.0

56/0.25

0.8

1.0

1.0

1.2

1.4 1

4.2

15.2

6.0

84/0.30

0.8

1.0

1.0

1.4

1.4

16.5

18.5

10.0

140/0.30

1.0

1.0

1.0

1.4

1.4

19.1

22.0

16.0

226/0.30

1.0

1.0

1.0

1.4

1.4

23.5

25.0

25.0

354/0.30

1.2

1.0

1.0

1.6

1.6

28.5

31.0

35.0

495/0.30

1.2

1.0

1.0

2.0

2.0

30.5

32.8

50.0

703/0.30

1.4

1.0

1.0

2.2

2.2

35.9

39.2

 

 

 

 

Pvc Compounds                  

 

 

LT Heavy Duty Cables - POLYCAB brand, PVC insulated LT heavy duty cables are as per IS-1554 (Part I) 1988 and are suitable for fixed installations. The Cables are suitable for use on AC single phase or three phase (earthed and unearthed) systems for rated voltage up to and including 1100 volts. These cables can be used on DC systems for rate.


THE FOLLOWING ARE THE VARIOUS CATEGORIES OF PVC COMPOUNDS


1) PVC COMPOUND FOR CABLES

2) PVC COMPOUND FOR SHOES

3) PVC MASTER BATCHES

4) H.R/F.R./F.R.L.S. COMPOUNDS

 

 

 

 


CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                  None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                          None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                          None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.

 

 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.40.73

UK Pound

1

Rs.80.43

Euro

1

Rs.54.44

 

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

6

PAID-UP CAPITAL

1~10

6

OPERATING SCALE

1~10

6

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

7

--PROFITABILIRY

1~10

6

--LIQUIDITY

1~10

6

--LEVERAGE

1~10

6

--RESERVES

1~10

7

--CREDIT LINES

1~10

6

--MARGINS

-5~5

--

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

YES

--LITIGATION

YES/NO

NO

--OTHER ADVERSE INFORMATION

YES/NO

NO

MERIT POINTS

 

 

--SOLE DISTRIBUTORSHIP

YES/NO

NO

--EXPORT ACTIVITIES

YES/NO

YES

--AFFILIATION

YES/NO

YES

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

TOTAL

 

56

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 


 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average/normal.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions