MIRA INFORM REPORT
|
Report Date : |
05.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
LIBRA INFUSIONS LIMITED |
|
|
|
|
Registered Office : |
I/7, Mirpur Industrial Estate, Rupnagar,
Section-2, Dhaka-1216 |
|
|
|
|
Country : |
Bangladesh |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
15.02.1985 |
|
|
|
|
Com. Reg. No.: |
C-4696 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacturing & Selling of Pharmaceutical Products |
|
|
|
|
No. of Employees
: |
870 |
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 : |
US$ 30,000.00 |
|
Status : |
Satisfactory |
|
Payment
Behaviour : |
No Complaints |
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Bangladesh |
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Name |
Libra Infusions
Limited |
|
Address |
I/7,
Mirpur Industrial Estate, Rupnagar, Section-2, Dhaka-1216 |
|
Country |
Bangladesh |
|
Telephone No |
880-2-9001179,
9004770-1, 8012534, 8012536 |
|
Fax No |
880-2-8015833, |
|
E-Mail |
|
|
Website |
|
|
Established |
February
1985 |
|
Company Registration No |
C-4696 |
|
Registration date |
15th
February 1985 |
|
Legal Status |
Private Limited |
|
Issuing Authority |
The Registrar of
Joint Stock Companies & Firms, Dhaka |
|
Business Type |
Manufacturer & Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
I/7,
Mirpur Industrial Estate, Rupnagar, Section-2, Dhaka-1216 |
|
Telephone No |
880-2-9001179,
9004770-1, 8012534, 8012536 |
|
Fax No |
880-2-8015833, |
|
E-Mail |
|
|
Website |
|
|
Branch |
NIL |
|
Factory |
I/7, Mirpur
Industrial Estate, Rupnagar, Section-2, Dhaka-1216 |
|
Factory Telephone No |
NIL |
|
Factory Fax No |
NIL |
|
Warehouse |
I/7, Mirpur
Industrial Estate, Rupnagar, Section-2, Dhaka-1216 |
|
Name |
Mrs. Begum
Shamsun Nahar Ahsanullah |
|
Designation |
Chairperson |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mrs. Begum Ayesha Alam |
|
Designation |
Managing Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Dr. Roushon Alam |
|
Designation |
Founder & Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Ms. Saira Mariam Alam |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Ms. Monami Alam |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Name |
Sponsor Director
|
|
Share Percent |
50% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Institute |
|
Share Percent |
7.91% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Public |
|
Share Percent |
42.09% |
|
Nationality |
Bangladeshi |
|
Line of Business |
Manufacturing & Selling |
|
Items Dealing In |
Pharmaceutical
Products |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of Sale |
Local: Cash or Credit |
|
Name |
Agrani Bank
Limited |
|
Branch |
Amin Court
Branch |
|
Address |
Amin Court, 62-63 Motijheel Commercial Area, Dhaka-1000 |
|
SWIFT |
N/A |
Financial
Highlights
As
At 31 December 2010
Currency:
Taka (In Thousand)
|
TRADING
RESULTS |
2010 |
|
Sales |
379294 |
|
Operating Profit |
34330 |
|
Profit before Tax |
10247 |
|
Taxation |
2536 |
|
Profit after Tax |
7711 |
|
SHARE
CAPITAL & RESERVES |
|
|
Paid up Capital |
12516 |
|
Reserves |
4000 |
|
Retained Earning |
38367 |
|
Shareholder's Equity |
1960892 |
|
Capital Employed |
1960892 |
|
ASSETS
LESS LIABILITIES |
|
|
Current Assets |
14183 |
|
Current Liabilities |
269804 |
|
Working Capital |
(125621) |
|
Fixed Assets (Net) |
2260155 |
|
Total Net Assets |
2404338 |
|
FINANCIAL
ANALYSIS |
|
|
Operating Profit on sales (%) |
9.05% |
|
Total Net Asset Value per Share (Taka) |
15667 |
|
Return on Shareholders Equity (%) |
2 |
|
Earning per Share (Taka) |
62 |
|
Dividend per Share (Taka) |
20.00 |
|
Market Value per Share at year end (Taka) |
1900.00 |
|
Sponsors General Public & Others Institutions |
551 |
|
ICB including ICB Investors Account |
7 |
|
P/E Ratio (Times) |
31 |
Highlights
of Profit & Loss Account
For
the Year Ended 31 December 2010
Currency:
Taka (In Thousand)
|
|
2010 |
|
Turnover net |
979394 |
|
Gross profit |
138605 |
|
Net profit before tax |
10247 |
|
Net profit after tax |
7711 |
|
Return on paid up capital |
61.61% |
|
Authorized
Capital |
Tk.100 million |
|
Paid Up Capital |
Tk.13 million |
|
Each Share Value |
Tk.10.00 |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
130.3052 |
|
U.S Dollar |
1 |
81.8500 |
|
European Euro |
1 |
109.0897 |
|
Dishonored
Checks |
No Found |
|
Debt |
No Records Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
|
Amount |
Based On |
|
US$ 30,000.00 |
90 Days |
|
Employees |
870 |
|
Office Area (Sq.
Ft) |
2,500 sq.ft (own) |
|
Factory Area
(Sq. Ft) |
2 acres of land (own) |
|
Warehouse Area
(Sq. Ft) |
10,000 sq.ft.(own) |
|
Range of Products |
4 I.V. Fluid |
|
Major
Clients |
4 Local Specialized Hospital 4 Government Medical 4 Medical Practitioners 4 General Public |
|
Certifications |
4 ISO 9001 |
|
Group Name |
4 Libra Group |
|
Subsidiaries /
Affiliates |
4 Libra Pharmaceuticals Ltd 4 Shefta Medical Industries Ltd 4 Tribeni Ltd 4 Cantaurs Ltd 4 Rabeya Ayesha Ltd 4 KDH Laboratories Ltd 4 Eagle Express Ltd 4 Style Apparel Ltd 4 Eastern Gelatine Ltd 4 Roushon Alam Holding Ltd 4 Libra Paint & Coating Ltd 4 Libra Technology Ltd 4 Libra Consumer Product Ltd |
|
Stock Code |
4
LIBRAINFU |
|
Enlisted With |
4 Dhaka Stock Exchange Limited,
Dhaka 4 Chittagong Stock Exchange Limited,
Chittagong |
|
Member |
4 Bangladesh Association of
Pharmaceuticals, Dhaka 4 Dhaka Chamber of Commerce &
Industries, Dhaka |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.35 |
|
UK Pound |
1 |
Rs.78.68 |
|
Euro |
1 |
Rs.65.63 |
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.