MIRA INFORM
REPORT
|
Report Date : |
15.01.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
PRATI, DONADUZZI & CIA LTDA |
|
|
|
|
Registered Office : |
Rua Mitsugoro Tanaka, 145 - Centro Industrial Nilton Alberto Castro
85903-630 - Toledo/Pr |
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Country : |
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|
Financials (as on) : |
30.09.2010 |
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Date of Incorporation : |
03.11.1993 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture of chemical pharmaceutical products - medicines |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 1.000.000,00 |
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|
|
Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Company name
PRATI, DONADUZZI
& CIA LTDA
company ADDRESSES
|
MAIN ADDRESS: |
RUA MITSUGORO TANAKA, 145 - CENTRO INDUSTRIAL NILTON ALBERTO CASTRO |
|
ZIP CODE/CITY: |
85903-630 - TOLEDO/PR |
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PHONE: |
45 2103-1156 / 1127 |
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FAX: |
45 2103-1156 / 1127 |
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E-MAIL: |
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WEB SITE: |
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BRANCHES: |
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ADDRESS: |
AVENIDA EGYDIO GERONYMO MUNARETTO, S/Nº. KM 3 |
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ZIP CODE/CITY: |
85915-175 TOLEDO/PR |
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|
|
|
ADDRESS: |
RUA PASCHOAL SANTILLI, 1660 - |
|
ZIP CODE/CITY: |
19807-220 ASSIS/SP |
|
CNPJ: |
738565930 |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF CHEMICAL PHARMACEUTICAL PRODUCTS - MEDICINES. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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|
|
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INCORPORATION DATE: |
03/11/1993 |
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REGISTER DATE: |
03/11/1993 |
|
BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
73.856.593/0001-66 |
|
STATE REGISTER: |
418.06327-06 |
|
|
|
|
SHARE CAPITAL: |
R$ 15.000.000,00 |
|
LAST REGISTER OF CAPITAL: |
30/07/2010 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
CELSO AGUSTINHO PRATI |
MANAGER |
|
LUIZ DONADUZZI |
MANAGER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
LUIZ DONADUZZI |
R$ 8.400.000,00 |
|
CELSO AGUSTINHO PRATI |
R$ 4.200.000,00 |
|
ARNO DONADUZZI |
R$ 2.400.000,00 |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
CENTRAL PACK EMBALAGENS LTDA |
|
|
TRANSPORTADORA PRATI DONADUZZI LTDA |
|
|
TOTALPACK |
|
|
BIOCINESE CENTRO DE ESTUDOS FARMACÊUTICOS LTDA |
|
COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON NOVEMBER 03, 1993 AS FARMACO INDUSTRIA
FARMACEUTICA LTDA TO BE ENGAGED IN THE SAID LINE OF BUSINESS. ON NOVEMBER 11,
2002 IT ADOPTED THE ABOVE MENTIONED NAME. TRADE NAME: PRATI, DONADUZZI. PARTNERS: LUIZ DONADUZZI: BRAZILIAN, MARRIED, ENTREPENEUR, HOLDER OF DOCUMENTS,
RG 1.254.414 SSP/PR, CPF 297.861.939,20, RESIDENTIAL ADDRESS AT RUA
CRISSIUMAL 2439, JARDIM CELSO AGUSTINHO PRATI: BRAZILIAN, MARRIED, ENTREPRENEUR, HOLDER OF
DOCUMENTS, RG 1.447.122 SSP/PR, CPF 336.841.549-20, RESIDENTIAL ADDRESS AT
RUA CRISSIUMAL, 2469, JARDIM ARNO DONADUZZI: BRAZILIAN, MARRIED, ENTREPRENEUR, HOLDER OF DOCUMENTS,
RG 3.321.466-9 SSP/PR, CPF 492.598.069-68, RESIDENTIAL ADDRESS AT RUA
LEONARDO FRANCISCO NOGUEIRA 287, JARDIM COOPAGRO, ZIP CODE 85903-400,
TOLEDO/PR. FURTHER DETAILS ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
NO DETRIMENTAL FILES WERE FOUND. |
FINANCIAL INFORMATION
|
GENERAL BALANCE SHEETS AS OF 30/09/2010, 31/12/2009 AND 31/12/2008. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
30/09/2010 |
31/12/2009 |
31/12/2008 |
|
|
|
|
|
|
CASH AND BANKS |
2.020.300,97 |
2.811.968,00 |
2.602.154,00 |
|
CLIENTS |
58.991.664,50 |
51.759.634,00 |
36.856.830,00 |
|
INVENTORY |
25.991.627,04 |
29.564.685,00 |
19.871.352,00 |
|
PRE PAID EXPENSES |
537.723,61 |
505.165,00 |
305.727,00 |
|
RECOVERABLE TAXES |
3.025.176,44 |
2.465.912,00 |
3.543.572,00 |
|
ADVANCE TO SUPPLIERS |
|
3.142.476,00 |
5.998.111,00 |
|
OTHER CREDITS |
607.965,66 |
377.620,00 |
204.412,00 |
|
ADVANCES |
1.863.129,91 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
93.037.588,13 |
90.627.460,00 |
69.382.158,00 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
3.800.888,70 |
3.555.627,00 |
3.000.000,00 |
|
JUDICIAL DEPOSITS |
58.640,98 |
61.711,00 |
48.044,00 |
|
RECOVERABLE TAXES |
2.241.830,54 |
1.875.651,00 |
|
|
INTERCOMPANY CREDITS |
|
691.081,00 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
6.101.360,22 |
6.184.070,00 |
3.048.044,00 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
83.564.922,79 |
73.166.254,00 |
59.062.905,00 |
|
INTANGIBLE |
1.074.730,72 |
955.197,00 |
1.004.072,00 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
84.639.653,51 |
74.121.451,00 |
60.066.977,00 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
183.778.601,86 |
170.932.981,00 |
132.497.179,00 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
30/09/2010 |
31/12/2009 |
31/12/2008 |
|
|
|
|
|
|
LOANS AND FINANCING |
33.151.944,29 |
32.697.100,00 |
25.431.831,00 |
|
SUPPLIERS |
18.407.680,86 |
21.434.184,00 |
25.749.076,00 |
|
LABOR OBLIGATIONS |
12.449.347,91 |
8.228.657,00 |
3.072.655,00 |
|
TRIBUTARY OBLIGATIONS |
8.668.762,05 |
648.822,00 |
439.741,00 |
|
INSTALLMENTS TAXES PAYABLE |
|
10.531.289,00 |
8.897.055,00 |
|
ADVANCES |
191.371,86 |
277.294,00 |
360.363,00 |
|
SOCIAL OBLIGATIONS |
590.869,17 |
|
|
|
OTHER DEBTS |
666.437,75 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
74.126.413,89 |
73.817.346,00 |
63.950.721,00 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
25.012.807,40 |
29.601.288,00 |
15.743.947,00 |
|
SUPPLIERS |
16.690,80 |
82.302,00 |
60.420,00 |
|
INSTALLMENTS TAXES PAYABLE |
34.984.325,00 |
21.632.694,00 |
20.363.450,00 |
|
DEFERRED TAXES |
|
361.465,00 |
7.708,00 |
|
RELATED COMPANIES |
|
1.874.202,00 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
60.013.823,20 |
53.551.951,00 |
36.175.525,00 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
15.000.000,00 |
12.900.000,00 |
12.900.000,00 |
|
UNPAID CAPITAL |
-256.000,00 |
|
|
|
PROFIT RESERVES |
|
30.663.684,00 |
19.470.933,00 |
|
ACCRUED PROFIT (LOSS) |
28.246.684,34 |
|
|
|
PROFIT (LOSS) OF PERIOD |
6.647.680,43 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
49.638.364,77 |
43.563.684,00 |
32.370.933,00 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
183.778.601,86 |
170.932.981,00 |
132.497.179,00 |
|
PROFIT AND LOSS ACCOUNTS AS OF 30/09/2010, 31/12/2009 AND 31/12/2008. |
|
( FIGURES ARE IN REAIS ). |
|
|
30/09/2010 |
31/12/2009 |
31/12/2008 |
|
|
|
|
|
|
GROSS SALES |
207.815.309,38 |
247.522.040,00 |
203.572.894,00 |
|
(-) TAXES ON SALES |
30.510.133,66 |
37.426.689,00 |
34.345.444,00 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
177.305.175,72 |
210.095.351,00 |
169.227.450,00 |
|
(-) COST OF SOLD GOODS |
113.366.981,00 |
132.719.642,00 |
105.344.191,00 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
63.938.194,72 |
77.375.709,00 |
63.883.259,00 |
|
OPERATING REVENUE (EXPENSE) |
-48.831.440,44 |
-56.206.688,00 |
-50.888.772,00 |
|
FINANCIAL REVENUE(EXPENSE) |
-8.754.344,61 |
-4.906.232,00 |
-11.352.843,00 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
6.352.409,67 |
16.262.789,00 |
1.641.644,00 |
|
NON-OPERATING RESULT |
295.270,76 |
|
|
|
CONTRIBUTION/INCOME TAX |
|
-2.344.577,00 |
385,00 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
6.647.680,43 |
13.918.212,00 |
1.642.029,00 |
|
RATIOS: |
30/09/2010 |
31/12/2009 |
31/12/2008 |
|
QUICK RATIO |
,90 |
|
,83 |
|
,77 |
|
|
CURRENT RATIO |
1,26 |
|
1,23 |
|
1,08 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
3,01 |
TIMES |
4,06 |
TIMES |
4,59 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
89,83 |
DAYS |
88,69 |
DAYS |
78,41 |
DAYS |
|
INVENTORY TURNOVER |
4,36 |
TIMES |
4,49 |
TIMES |
5,30 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
43,84 |
DAYS |
58,14 |
DAYS |
87,99 |
DAYS |
|
RETURN ON ASSETS |
,96 |
TIMES |
1,23 |
TIMES |
1,28 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
3,57 |
TIMES |
4,82 |
TIMES |
5,23 |
TIMES |
|
NET WORTH TIE-UP |
1,68 |
|
1,68 |
|
1,82 |
|
|
INDEBTEDNESS |
2,70 |
|
2,92 |
|
3,09 |
|
|
EQUITY RATIO |
27,01 |
% |
25,49 |
% |
24,43 |
% |
|
WORKING CAPITAL RATIO |
25,51 |
% |
22,77 |
% |
8,49 |
% |
|
GENERAL SOLVENCY |
1,37 |
|
1,34 |
|
1,32 |
|
|
RETURN ON NET EQUITY |
13,39 |
% |
31,95 |
% |
5,07 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
3,75 |
% |
6,62 |
% |
,97 |
% |
|
GROSS PROFIT MARGIN |
36,06 |
% |
36,83 |
% |
37,75 |
% |
|
OPERATIONAL RESULT |
3,58 |
% |
7,74 |
% |
,97 |
% |
|
SALES TURNOVER ON LIABILITIES |
2,39 |
TIMES |
2,85 |
TIMES |
2,65 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 1,67 |
- OFFICIAL RATE ON 12/01/2011 |
|
US$ 1,00 = R$ 1,69 |
- OFFICIAL RATE ON 30/09/2010 |
|
US$ 1,00 = R$ 1,74 |
- OFFICIAL RATE ON 31/12/2009 |
|
US$ 1,00 = R$ 2,33 |
- OFFICIAL RATE ON 31/12/2008 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE ANNUAL FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. THE
LEVEL OF INDEBTEDNESS WAS VERY HIGH BUT IT HAD ACCEPTABLE CURRENT RATIO AND
POSITIVE WORKING CAPITAL AMOUNT AS WELL AS GROWING SALES AND PROFITABILITY. THE INTERIM FIGURES FOR SEPTEMBER 2010 STILL SHOW HIGH LEVEL OF
INDEBTEDNESS BUT THE CURRENT RATIO REMAINS ACCEPTABLE. IN ADDITION, IT IS
NOTED GROWING SALES AND THE OPERATIONS ARE PROFITABLE. |
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 26.816.681,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 2.016.213,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 31.843.232,00
INSURANCE
|
INSURANCE COMPANY: |
NOT AVAILABLE |
|
COVERAGE: |
VEHICLES AND CORPORATE |
|
VALUE: |
R$ 110.130.000,00 |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
|
|
BANCO DO BRASIL S/A |
34029 45 3333-5506 |
|
|
BANCO BRADESCO S/A |
45 3224-4534 |
CASCAVEL/PR |
|
BANCO ITAU S/A |
0316 45 3225-0044 |
|
|
BANCO ABN AMRO REAL S/A |
|
TOLEDO/PR |
|
BANCO NOSSA CAIXA S/A |
|
CASCAVEL/PR |
|
BANCO SAFRA S/A |
|
CASCAVEL/PR |
|
HSBC BANK BRASIL S/A |
|
CASCAVEL/PR |
|
REMARKS: IN ACCORDING TO THE CENTRAL BANK OF |
ACTIVITIES COMMENTS
|
THE SUBJECT IS ENGAGED IN THE MANUFACTURE OF CHEMICAL PHARMACEUTICAL
PRODUCTS - MEDICINES. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
|
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN
CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
|
|
AMERICAN FARMA DIST. LTDA |
SÃO PAULO/SP |
|
|
ASSECAM DIST. HOSP. LTDA |
SÃO PAULO/SP |
|
|
BH FARMA COMÉRCIO LTDA |
BELO HORIZONTE/MG |
|
|
COM. CIRURGICA RIO CLARENCE |
|
|
|
DEPARTAMENTO ADM. COORD. DA SAUDE SISTEMA
PENITENCIÁRIO |
SÃO PAULO/SP |
|
|
DIST. DE MEDICAMENTOS BRASIL MIRACEMA |
|
|
|
DROGA FORTE |
RECIFE/PE |
|
|
DROGARIA SÃO PAULO S/A |
SÃO PAULO/SP |
|
|
DROGASIL S/A |
SÃO PAULO/SP |
|
|
HEALTHENICA PROD. HOSPILARES LTDA |
SÃO PAULO/SP |
|
|
HIFON DISTR. LTDA |
SÃO PAULO/SP |
|
|
MEDISIL COM. FARMA. HOSP. LTDA |
|
|
|
PRO-DIET FARMACEUTICA LTDA |
CURITIBA/PR |
|
|
REPRESS DIST. LTDA |
SÃO PAULO/SP |
|
|
TOTAMED COM. PROD. FARM. HOSP. LTDA |
SÃO PAULO/SP |
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 2140 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1993. SO FAR
IT OPERATES WITH HIGH SCALE OF ACTIVITIES, A CLEAR TRADE HISTORY AND VERY
GOOD PAYMENT BEHAVIOR. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
CITY: |
PHONE: |
|
AB FARMO QUIMICA |
ABÁPILIS/GO |
11 2161-0811 |
|
ALCOA ALUMINIO S/A |
SÃO PAULO/SP |
|
|
AVENTIS PHARMA S/A |
|
|
|
BISFARMA INDUSTRIA DE EMBALAGENS LTDA |
PEDREIRA/SP |
|
|
CIA INDUSTRIAL DE VIDROS - CIV |
VITÓRIA DE STO. ANTÃO/PE |
81 3523-1997 |
|
LABORATÓRIOS PFIZER LTDA |
GUARULHOS/SP |
11 6464-7344 |
|
LOGISTICA GERAL LTDA |
GUARULHOS/SP |
|
|
M CASSAB INDUSTRIA E COMERCIO LTDA |
SÃO PAULO/SP |
11 5522-7788 |
|
RIPASA S/A |
SÃO PAULO/SP |
|
|
TOCAUTO CAMINHÕES LTDA |
|
99 2101-3200 |
|
VALDEQUIMICA PRODUTOS QUIMICOS LTDA |
|
11 3721-1077 |
|
VEDAT TAMPAS HERMELICAS LTDA |
EMBÚ/SP |
11 2133-1212 |
|
WILLETT LTDA |
SÃO PAULO/SP |
|
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
ALEMBIC LTDA |
|
|
|
COMWIN INTERNATIONAL LTD |
|
|
|
DABUR |
|
|
|
INLERLUDE COMPANY S/A |
UNITED STATES |
|
|
MOHS CATALANA S/A |
|
|
|
SHIJIAHUANG PHARM |
|
|
|
SRWKA GMBH |
|
|
|
|
|
|
|
PAYMENT HISTORY: |
|
21 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 308.401,00 |
|
|
|
AMOUNT OF INVOICES PAID: 184 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 27.945,00 |
|
HIGHEST CREDIT: R$ 43.546,00 |
FINAL OPINION
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR OVER 10
YEARS. UP TO DATE IT HAS A SATISFACTORY FINANCIAL STANDING, A CLEAR TRADE HISTORY
AND GOOD PAYMENT BEHAVIOUR. BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH. AN INITIAL CREDIT LIMIT OF USD 1.000.000,00 MAY BE CONSIDERED. |
|
BALANCE SHEET ANALYSIS |
FIGURES ARE IN REAIS |
|
|
|
|
|
|
|
30-09-10 |
|
31-12-09 |
|
31-12-08 |
|
|
ASSETS |
|
% |
|
% |
|
% |
|
Current
Assets |
50.62 |
$
90,627,460 |
53.02 |
$
69,382,158 |
52.37 |
|
|
Fixed
Assets |
$
84,639,654 |
46.06 |
$
74,121,451 |
43.36 |
$
60,066,977 |
45.33 |
|
TOTAL
ASSETS |
$
183,778,602 |
100.00 |
$ 170,932,981 |
100.00 |
$
132,497,179 |
100.00 |
|
LIABILITIES |
|
|
|
|
|
|
|
Current
Liabilities |
$
74,126,414 |
40.33 |
$
73,817,346 |
43.18 |
$
63,950,721 |
48.27 |
|
Long-Term
Liabilities |
$
60,013,823 |
32.66 |
$
53,551,951 |
31.33 |
$
36,175,525 |
27.30 |
|
TOTAL
LIABILITIES |
$
134,140,237 |
72.99 |
$
127,369,297 |
74.51 |
$
100,126,246 |
75.57 |
|
Deferred
Income |
$
- |
0.00 |
$ - |
0.00 |
$ - |
0.00 |
|
Net
Equity |
$
49,638,365 |
27.01 |
$
43,563,684 |
25.49 |
$
32,370,933 |
24.43 |
|
TOTAL
LIABILITIES + NET EQUITY |
$
183,778,602 |
100.00 |
$
170,932,981 |
100.00 |
$
132,497,179 |
100.00 |
|
PROFIT
AND LOSS ACCOUNTS |
|
|
|
|
|
|
|
Net
Sales |
$
177,305,176 |
100.00 |
$
210,095,351 |
100.00 |
$
169,227,450 |
100.00 |
|
Costs |
$
113,366,981 |
63.94 |
$
132,719,642 |
63.17 |
$
105,344,191 |
62.25 |
|
Gross
Profit |
$
63,938,195 |
36.06 |
$
77,375,709 |
36.83 |
$
63,883,259 |
37.75 |
|
Operating
expenses |
$
(48,831,440) |
-27.54 |
$
(56,206,688) |
-26.75 |
$
(50,888,772) |
-30.07 |
|
operational
Result |
$ 6,352,410 |
3.58 |
$
16,262,789 |
7.74 |
$
1,641,644 |
0.97 |
|
Net
Profit (loss) |
$ 6,647,680 |
3.75 |
$
13,918,212 |
6.62 |
$
1,642,029 |
0.97 |
|
COMPLEMENTARY
DATA |
|
|
|
|
|
|
|
Inventory |
$
25,991,627 |
|
$
29,564,685 |
|
$
19,871,352 |
|
|
Accounts
receivable |
$
58,991,665 |
|
$
51,759,634 |
|
$
36,856,830 |
|
|
Accounts
Payable |
$
18,407,681 |
|
$
21,434,184 |
|
$
25,749,076 |
|
|
Property,
plant and equipment |
$
83,564,923 |
|
$
73,166,254 |
|
$
59,062,905 |
|
|
Purchases |
$
84,639,654 |
|
$
74,121,451 |
|
$
60,066,977 |
|
|
Financial
Expenses |
$
(8,754,345) |
|
$
(4,906,232) |
|
$
(11,352,843) |
|
|
Foreign
Currency Assets |
|
|
|
|
|
|
|
Foreign
Currency Liabilities |
|
|
|
|
|
|
|
Working
Capital |
$
18,911,174 |
|
$
16,810,114 |
|
$
5,431,437 |
|
|
RATIOS: |
|
|
|
|
|
|
|
QUICK
RATIO |
0.90 |
|
0.83 |
|
0.77 |
|
|
CURRENT
RATIO |
1.26 |
|
1.23 |
|
1.08 |
|
|
ACCOUNTS
RECEIVABLE TURNOVER |
3.01 |
times |
4.06 |
times |
4.59 |
times |
|
DAYS'
SALES IN RECEIVABLES |
89.83 |
days |
88.69 |
days |
78.41 |
days |
|
INVENTORY
TURNOVER |
4.36 |
times |
4.49 |
times |
5.30 |
times |
|
43.84 |
days |
58.14 |
days |
87.99 |
days |
|
|
RETURN
ON ASSETS |
0.96 |
times |
1.23 |
times |
1.28 |
times |
|
SALES
TURNOVER ON NET EQUIY |
3.57 |
times |
4.82 |
times |
5.23 |
times |
|
NET
WORTH TIE-UP |
1.68 |
|
1.68 |
|
1.82 |
|
|
ENDEBTEDNESS |
2.70 |
|
2.92 |
|
3.09 |
|
|
EQUITY
RATIO |
27.01 |
% |
25.49 |
% |
24.43 |
% |
|
WORKING
CAPITAL RATIO |
25.51 |
% |
22.77 |
% |
8.49 |
% |
|
GENERAL
SOLVENCY |
1.37 |
|
1.34 |
|
1.32 |
|
|
RETURN
ON NET EQUITY |
13.39 |
% |
31.95 |
% |
5.07 |
% |
|
RETURN
ON SALES (PROFIT MARGIN) |
3.75 |
% |
6.62 |
% |
0.97 |
% |
|
GROSS
PROFIT MARGIN |
36.06 |
% |
36.83 |
% |
37.75 |
% |
|
OPERATIONAL
RESULT |
3.58 |
% |
7.74 |
% |
0.97 |
% |
|
SALES
TURNOVER ON LIABILITIES |
2.39 |
times |
2.85 |
times |
2.65 |
times |
|
FOREIGN
CURRENCY ON ASSETS |
- |
% |
- |
% |
- |
% |
|
FOREIGN
CURRENCY ON LIABILITIES |
- |
% |
- |
% |
- |
% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.30 |
|
|
1 |
Rs.71.73 |
|
Euro |
1 |
Rs.60.40 |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
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 |
|
---- |
NB |
New Business |
---- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.