1. Summary Information
|
|
|
Country |
|
|
Company Name |
Trinity Touch
Private Limited |
Principal Name 1 |
Mr. Dinesh Parwanda |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Ravinder Singh Sabharwal |
|
|
|
Registration # |
55-005320 |
|
Street Address |
D 10 Defence Coloney, |
||
|
Established Date |
26.06.1970 |
SIC Code |
-- |
|
Telephone# |
91-11-30895900/30895933 |
Business Style 1 |
Manufacturer |
|
Fax # |
91-11-30895998 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Cable glands |
|
|
# of employees |
Not Available |
Product Name 2 |
Wiring duct |
|
Paid up capital |
Rs. 108,963,300/- |
Product Name 3 |
Din rail |
|
Shareholders |
Foreign holdings - 28.80% Bodies corporate - 6.88% Directors or
relatives of Directors - 64.32% |
Banking |
Indian Overseas
Bank |
|
Public Limited Corp. |
No |
Business Period |
41 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
Ba
(45) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Associates/Subsidiaries
: |
-- |
Parwanda Investment Private Limited |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
367,056,000 |
Current Liabilities |
262,390,000 |
|
Inventories |
187,592,000 |
Long-term Liabilities |
206,287,000 |
|
Fixed Assets |
436,801,000 |
Other Liabilities |
2,647,000 |
|
Deferred Assets |
0 |
Total Liabilities |
471,324,000 |
|
Invest& other Assets |
71,161,000 |
Retained Earnings |
482,323,000 |
|
|
|
Net Worth |
591,286,000 |
|
Total Assets |
1,062,610,000 |
Total Liab. & Equity |
1,062,610,000 |
|
Total Assets (Previous Year) |
1,187,612,000 |
|
|
|
P/L Statement as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Sales |
300,303,000 |
Net Profit |
(44,488,000) |
|
Sales(Previous yr) |
242,690,000 |
Net Profit(Prev.yr) |
506,829,000 |
MIRA
INFORM REPORT
|
Report Date : |
06.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
TRINITY TOUCH PRIVATE LIMITED |
|
|
|
|
Formerly Known
As : |
URANUS AGENCIES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
D 10 Defence Coloney, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
26.06.1970 |
|
|
|
|
Com. Reg. No.: |
55-005320 |
|
|
|
|
Paid-up Capital
: |
Rs. 108.963 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1970PTC005320 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELT04815G |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCT4747M |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of high
quality cable glands, wiring duct, din rail, tribox enclosures and electronic |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 2300000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track. The
company has increased some losses in the current year. However, trade
relations are reported as fair. Business is active. Payments are reported to be
usually correct and as per commitments. The company can be considered normal for business dealings at usual
trade terms and conditions. |
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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
LOCATIONS
|
Registered Office : |
D 10 Defence Coloney, |
|
Tel. No.: |
91-11-30895900/30895933 |
|
Fax No.: |
91-11-30895998 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Factory : |
|
|
Tel. No.: |
91-11-30895940 |
|
E-Mail : |
|
|
|
|
|
Regional Offices : |
Located at:
|
DIRECTORS
As On 25.09.2010
|
Name : |
Mr. Dinesh Parwanda |
|
Designation : |
Director |
|
Address : |
S-523 Greater Kailash Part II, |
|
Date of Birth/Age : |
12.11.1959 |
|
Date of Appointment : |
10.06.1980 |
|
DIN No.: |
00442765 |
|
|
|
|
Name : |
Mr. Ravinder Singh Sabharwal |
|
Designation : |
Director |
|
Address : |
F – 47 Lajpat Nagar, |
|
Date of Birth/Age : |
07.11.1956 |
|
Date of Appointment : |
01.10.2001 |
|
DIN No.: |
00452889 |
|
|
|
|
Name : |
Mr. Salig Ram Parwanda |
|
Designation : |
Director |
|
Address : |
S-523 Greater Kailash Part II, |
|
Date of Birth/Age : |
16.08.1934 |
|
Date of Appointment : |
09.01.2006 |
|
DIN No.: |
02435961 |
|
|
|
|
Name : |
Ms. Reena Parwanda |
|
Designation : |
Director |
|
Address : |
S-523 Greater Kailash Part II, |
|
Date of Birth/Age : |
12.03.1965 |
|
Date of Appointment : |
07.02.2009 |
|
DIN No.: |
02543247 |
KEY EXECUTIVES
|
Name : |
Mr. Sachin Verma |
|
Designation : |
Company Secretary |
|
Address : |
8/388, AAnand Pura, Modi Nagar, |
|
Date of Birth/Age : |
07.12.1979 |
|
Date of Appointment : |
01.03.2008 |
|
Pan No.: |
ADXPV1623J |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As On 25.09.2010
|
Names of Shareholders |
|
No. of Shares |
|
Dinesh Parwanda |
|
551237 |
|
Trinity Touch Europe Limited (Formerly U K Transworld Commerce
Limited) – |
|
313813 |
|
Parwanda Investment Private Limited – |
|
75000 |
|
Reena Parwanda |
|
89583 |
|
Ishaan Parwanda |
|
30000 |
|
Shunal Parwanda |
|
30000 |
|
Total |
|
1089633 |
As On 25.09.2010
|
Category |
Percentage |
|
Foreign holdings( Foreign institutional
investor(s), Foreign companie(s) Foreign financial institution(s),
Non-resident Indian(s) or Overseas Corporate bodies or Others |
28.80 |
|
Bodies corporate |
6.88 |
|
Directors or relatives of Directors |
64.32 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of
high quality cable glands, wiring duct, din rail, tribox enclosures and
electronic |
|
|
|
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||
|
Bankers : |
|
|||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking Relations
: |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Bansal and Company Chartered Accountant |
|
Address : |
A-6, Maharani Bagh, |
|
Tel. No.: |
91-11-41626470-71 |
|
Fax No.: |
91-11-41328425 |
|
E-Mail : |
|
|
Pan No.: |
AAAFB6603L |
|
|
|
|
Associates/Subsidiaries : |
|
CAPITAL STRUCTURE
As On 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1250000 |
Equity Shares |
Rs. 100/- each |
Rs. 125.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1089633 |
Equity Shares |
Rs. 100/- each |
Rs. 108.963
Millions |
|
|
|
|
|
Note:
(Of the above
shares, 683.820 Equity Shares are allotted as fully paid-up pursuant to the
order of Hon'ble High Court of Delhi in case of Amalgamation of Silver Star Overseas
Private Limited With Trinity Touch Private Limited for consideration other than
Cash in the year 2006-07)
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
108.963 |
108.963 |
108.963 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
482.323 |
526.811 |
19.982 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
591.286 |
635.774 |
128.945 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
46.460 |
61.638 |
51.796 |
|
|
2] Unsecured Loans |
159.827 |
224.292 |
65.552 |
|
|
TOTAL BORROWING |
206.287 |
285.930 |
117.348 |
|
|
DEFERRED TAX LIABILITIES |
2.647 |
2.734 |
1.228 |
|
|
|
|
|
|
|
|
TOTAL |
800.220 |
924.438 |
247.521 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
436.801 |
405.477 |
179.037 |
|
|
Capital work-in-progress |
1.738 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
69.423 |
69.423 |
6.100 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
187.592
|
181.364 |
40.925 |
|
|
Sundry Debtors |
93.753
|
53.741 |
25.599 |
|
|
Cash & Bank Balances |
11.473
|
222.214 |
2.267 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
261.830
|
255.393 |
29.276 |
|
Total
Current Assets |
554.648
|
712.712 |
98.067 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
89.767
|
96.365 |
19.222 |
|
|
Other Current Liabilities |
16.728
|
11.486 |
11.548 |
|
|
Provisions |
155.895
|
155.323 |
4.913 |
|
Total
Current Liabilities |
262.390
|
263.174 |
35.683 |
|
|
Net Current Assets |
292.248
|
449.538 |
62.384 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
800.220 |
924.438 |
247.521 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
300.303 |
242.690 |
151.160 |
|
|
|
Other Income |
47.114 |
719.725 |
14.462 |
|
|
|
TOTAL |
347.417 |
962.415 |
165.622 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
Financial Expenses |
|
|
|
|
|
|
TOTAL |
348.665 |
283.622 |
153.032 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
(1.248) |
678.793 |
12.590 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
43.278 |
19.711 |
7.325 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
(44.526) |
659.082 |
5.265 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.038 |
152.253 |
1.657 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
(44.488) |
506.829 |
3.608 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
517.236 |
10.407 |
6.799 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
472.748 |
517.236 |
10.407 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export Earnings |
3.567 |
3.013 |
NA |
|
|
TOTAL EARNINGS |
3.567 |
3.013 |
NA |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
103.930 |
145.356 |
81.542 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
(40.83) |
465.14 |
33.12 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
12.81
|
52.66 |
2.18 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
14.83
|
271.57 |
3.48 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.49
|
58.94 |
1.90 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.08
|
1.04 |
0.03 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.79
|
0.86 |
1.19 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.11
|
2.71 |
2.75 |
LOCAL AGENCY FURTHER INFORMATION
OPERATIONS:
During the year, there was an increase in turnover by 23.74% over
previous year. The Directors foresee a better future and hope to achieve better
results in the coming years.
Form 8:
|
Corporate identity
number of the company |
U74899DL1970PTC005320 |
||||||
|
Name of the
company |
TRINITY TOUCH
PRIVATE LIMITED |
||||||
|
Address of the
registered office or of the principal place of business in |
D 10 Defence
Coloney, |
||||||
|
This form is for |
Modification of
charge |
||||||
|
Type of charge |
Book Debts Immovable
Property Floating Charge Hypothecation of
machinery and equipments |
||||||
|
Particular of
charge holder |
|
||||||
|
Nature of
instrument creating charge |
Letter of Hypothecation
F 110 E, F 110 A, Hypothecation of Book Debts F 107A and Confirmation Letters
F 379 C. |
||||||
|
Date of
instrument Creating the charge |
12.02.2010 |
||||||
|
Amount secured by
the charge |
Rs. 50.000
Millions |
||||||
|
Brief of the principal
terms an conditions and extent and operation of the charge |
Rate of Interest
- Interest on CC limit @ BPLR, i.e @ 12.00% p.a. with monthly rests.
Commission as per C O circulars from time to time. Terms of
Repayment - On Demand Margin - Margin
on stocks @ 25%, on Book Debts @ 50%. Extent and
Operation of the charge - As per Agreement. |
||||||
|
Particulars of
the property charged |
Hypothecation of
Stocks and Book Debts. Hypothecation of
all present and future machinery and equipment. Equitable mortgage of
property situated at Village Dudhola, Tehsil and Distt Palwal, Haryana. |
||||||
|
Particulars of
the present modification |
The CC
(Hypopthecation) limit granted to the company enhanced to Rs. 50.000 millions
with a sub limit of Rs. 5.000 millions for L.G. (fin)/ LC-DP. |
Fixed Assets:
- Land and
building
- Furniture and
fixtures
- Plant and
machinery
- Office
equipment
- Vehicles
- Computer
- Software
AS PER WEBSITE
DETAILS
PROFILE:
MORE THAN A DISTRIBUTION COMPANY
Subject has emerged
as one of the leading companies engaged in manufacturing, assembly and
distribution activities providing value added services to its customers.
Trinity Touch has its presence in the
Trinity Touch’s
business involves seeking out manufacturers and designers of products from all
over the world for solutions best suited for the market. Trinity Touch carries
forward this task to bring the right solution for the customer at the right
price and right time. Trinity Touch has managed to form a portfolio of
principle companies, which are one of the market leaders in their respective
fields.
Trinity Touch
operates a decentralised business philosophy through which the local managers
make all the day-to-day decisions. The highly trained team offers unbiased
advice to find the best solution for the customers’ needs. This management
style helps to build relationships with customers and suppliers locally for
everyone’s benefit.
PROVIDER OF SOLUTION
At Trinity Touch
they are committed to helping the business by offering latest industry news,
legislation information, market leading promotions and specialist products or
advice along with events such as dealer seminars. Through diversification of
product range and services
The company has
been successfully supplying high quality products to the Transport industry,
Shipping industry, Wind energy industry, Refineries, Petrochemicals, Machine
building, Processing industry and many others
INTERNATIONAL PRESENCE
Trinity Touch is based in the
Trinity Touch owns its manufacturing of its high quality products in
COMPANY HISTORY:
1992
Trinity Touch, together, in a Joint Venture with Phoenix Contact Germany
was the first company to produce this programme in
1993
First PCB/Connecters produced in
2001
The Trinity Touch logistics centre becomes operational.
2002
Again, the first company in
2003
Trinity Touch introduces Cable Glands of German technology.
Trinity Touch Corporate office established in Defence Colony,
2004
Flexible Conduits and Accessories launched in
2005
Trinity Touch introduces its own customised solutions for customers
2006
Trinity Touch Group compiles its first catalogue with various products
for Electrical Components.
2007
Trinity Touch launches Industrial Plugs and Sockets.
Trinity Touch becomes ISO
9001:2000 certified company.
2008
New production site becomes operational.
Trinity Touch starts the production of DIN Rails at the new world class,
high quality plant.
Switches Introduced in
Trinity Touch launches its Instruments and Devices Programme and its
first Instruments, Interface and Devices Catalog.
2009
Trinity Touch launches its warehouses in:
Pune
Ahmedabad
Trinity Touch starts the production of Wiring Ducts, Cable Glands and DIN Rail Mounted PCB Support.
Thermal Management launched in
Trinity Touch (EUROPE) Ltd. launches its programme called “Cabinet Plus” Control Cabinet Accessories
NEWS
New Subsidiary of
Franklin France
26.04.2011
In the context of the aggressive competition that is developing
in the global markets as well as the speeding up the world economy's
evolutions, business development opportunities are opening up for determined
players.
Baring that context in mind, Franklin France and Duval Messien have decided to
become closer with the same ambition of conquest and strategic positioning in
their business activity: Lightning.
For many years, Franklin France and Duval Messien have competed following parallel routes and respecting the same values: high-end positioning of the products, ethics, human wealth, That is the reason why we have made the decision to pursue the development Together.
The
DIN Rails and
Accessories, Wiring Ducts, Cable Glands,
Flexible
Conduits and Accessories, Solderless
Terminals, DIN Rail
Mounted PCB Support, Industrial
Plug and Sockets, Terminal
Blocks, Enclosures
and Control
Cabinet Essentials
About Us
Trinity Touch has
emerged as one of the leading companies engaged in manufacturing, assembly and
distribution activities providing value added services to its customers.
Trinity Touch has its presence in the
Trinity Touch’s
business involves seeking out manufacturers and designers of products from all
over the world for solutions best suited for the market. Trinity Touch carries
forward this task to bring the right solution for the customer at the right
price and right time. Trinity Touch has managed to form a portfolio of
principle companies, which are one of the market leaders in their respective
fields.
Trinity Touch
operates a decentralised business philosophy through which the local managers
make all the day-to-day decisions. The highly trained team offers unbiased
advice to find the best solution for the customers’ needs. This management
style helps to build relationships with customers and suppliers locally for
everyone’s benefit.
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
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.44.85 |
|
|
1 |
Rs.73.29 |
|
Euro |
1 |
Rs.64.89 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
|
45 |
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 |
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 report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.