|
Report Date : |
30.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
PELLEGRINI MECCANICA S.P.A. |
|
|
|
|
Registered Office : |
Viale Delle Nazioni, 8 37100 – |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
30.12.1977 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
· Manufacture of lifting and handling equipment · Manufacture of agricultural and silviculture machinery |
|
|
|
|
No. of Employees : |
From 36 to 50 |
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 |
|
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified industrial economy, which is divided
into a developed industrial north, dominated by private companies, and a less-developed,
highly subsidized, agricultural south, where unemployment is high. The Italian
economy is driven in large part by the manufacture of high-quality consumer
goods produced by small and medium-sized enterprises, many of them
family-owned. Italy also has a sizable underground economy, which by some
estimates accounts for as much as 17% of GDP. These activities are most common
within the agriculture, construction, and service sectors. Italy is the
third-largest economy in the euro-zone, but its exceptionally high public debt
and structural impediments to growth have rendered it vulnerable to scrutiny by
financial markets. Public debt has increased steadily since 2007, topping 126%
of GDP in 2012, and investor concerns about the broader euro-zone crisis at
times have caused borrowing costs on sovereign government debt to rise to
euro-era. During the second half of 2011 the government passed three austerity
packages to reduce its budget deficit and help bring down borrowing costs.
These measures included a hike in the value-added tax, pension reforms, and
cuts to public administration. The government also faces pressure from
investors and European partners to sustain its recent efforts to address
Italy's long-standing structural impediments to growth, such as labor market
inefficiencies and widespread tax evasion. In 2012 economic growth and labor
market conditions deteriorated, with growth at -2.3% and unemployment rising to
nearly 11%, with youth unemployment around 35%. The government has undertaken
several reform initiatives designed to increase long-term economic growth.
Italy's GDP is now 7% below its 2007 pre-crisis level
Source
: CIA
PELLEGRINI MECCANICA
S.P.A.
Viale Delle Nazioni, 8
37100 - Verona (VR) -IT-
|
Fiscal Code |
: |
00724710231 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
30/12/1977 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
12.750.000/15.500.000 |
|
Number of Employees |
: |
from 36 to 50 |
Manufacture of lifting and handling equipment
Manufacture of agricultural and silviculture machinery
Legal Form : Joint stock company
|
Fiscal Code : 00724710231 |
|
Foreign Trade Reg. no. : VR002315 since 21/11/1991 |
|
Foreign Trade Reg. no. : 2315 of Verona since 21/11/1991 |
|
Chamber of Commerce no. : 153942 of Verona since 30/12/1977 |
|
Firms' Register : VR091-10323 of Verona since 19/02/1996 |
|
V.A.T. Code : 00724710231 |
|
Tribunal Co. Register : 10323 of |
|
Foundation date |
: 23/12/1977 |
|
|
Establishment date |
: 23/12/1977 |
|
|
Start of Activities |
: 30/12/1977 |
|
|
Legal duration |
: 31/12/2040 |
|
|
Nominal Capital |
: 1.300.000 |
|
|
Subscribed Capital |
: 1.300.000 |
|
|
Paid up Capital |
: 1.300.000 |
|
|
Panardo |
Margherita |
|
|
Born in Illasi |
(VR) |
on 12/03/1931 |
- Fiscal Code : PNRMGH31C52E284D |
|
|
Residence: |
|
Ungheria |
, 4 |
- 37031 |
Illasi |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
25/06/2012 |
|
|
|
Pellegrini |
Elena |
|
|
Born in Verona |
(VR) |
on 09/10/1957 |
- Fiscal Code : PLLLNE57R49L781M |
|
|
Residence: |
|
Don Giovanni Bosco |
, 3 |
- 37123 |
Verona |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
25/06/2012 |
|
|
|
Board Chairman |
25/06/2012 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Fiamminghi |
Aldo |
|
|
Born in Verona |
(VR) |
on 12/03/1940 |
- Fiscal Code : FMMLDA40C12L781N |
|
|
Residence: |
|
Foreste |
, 10 |
- 37017 |
Lazise |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
25/06/2012 |
|
|
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded positions.
|
Pellegrini |
Elena |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
M.e.p. - Pellegrini Marine Equipments S.r.l. |
Verona (VR) - IT - |
01404500231 |
Director |
Active |
Registered |
|
Eurocostruzioni Pellegrini S.R.L. |
Sommacampagna (VR) - IT - |
00712690239 |
Director |
Withdrawn |
Registered |
|
Motomeccanica S.r.l. |
Povegliano Veronese (VR) - IT - |
00210390233 |
Director |
Withdrawn |
Registered |
|
Pelmine S.r.l. |
Verona (VR) - IT - |
00973480239 |
Procurator |
Active |
Registered |
|
Relais S.r.l. |
Villafranca di Verona (VR) - IT - |
03689660235 |
Sole Director |
Withdrawn |
Registered |
The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further investigations.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Barana Franco |
Verona - IT - |
BRNFNC45C10E171S |
18 .Eur |
|
|
Panardo Margherita |
Illasi - IT - |
PNRMGH31C52E284D |
218.900 .Eur |
16,83 |
|
Pellegrini Elena |
Verona - IT - |
PLLLNE57R49L781M |
222.300 .Eur |
17,10 |
|
Pellegrini Patrizia |
Verona - IT - |
PLLPRZ54T60E284A |
208.780 .Eur |
16,06 |
|
Barana Francesco |
|
BRNFNC79H06L781C |
1 .Eur |
|
|
Barana Giacomo |
|
BRNGCM83C06L781I |
1 .Eur |
|
|
Pelmine S.r.l. |
|
00973480239 |
650.000 .Eur |
50,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
ACIMM per il Marmo S.r.l. |
Milano - IT - |
08564020157 |
8.000.000 .Eur |
10,26 |
|
|
Active |
|
Eurocostruzioni Pellegrini S.R.L. |
Sommacampagna - IT - |
00712690239 |
14.000.000 .Eur |
70,00 |
|
|
Active |
|
Omp - Compressori Gruppi Elettrogeni S.R .L. |
Illasi - IT - |
01777890235 |
84.150.000 .Eur |
85,00 |
|
|
Active |
|
AKKA SOCIETA' CONSORTILE A RESPONSABILIT A' LIMITATA |
Verona - IT - |
02881480236 |
400.000 .Eur |
2,00 |
|
|
Active |
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
|
Delle Nazioni |
, 8 |
- 37100 |
- Verona |
(VR) |
- IT - |
|
|
|
|
PHONE |
: 045820366 |
|
|
|
|
PHONE |
: 0458203666 |
|
|
|
|
FAX |
: 0458203633 |
|
- |
Branch |
(Store) |
since 12/10/1995 |
|
|
|
|
|
|
Meucci |
, 2/A |
- 37100 |
- Verona |
(VR) |
- IT - |
|
|
|
|
PHONE |
: 045803666 |
|
|
|
|
Employees |
: 46 |
|
Fittings and Equipment for a value of 600.000 |
Eur |
|
Stocks for a value of 4.610.000 |
Eur |
Trade organization: direct or by agents.
Sales area on a national scale.
The company 's mainly customers are companies.
|
|
To purchase foreign products the firm uses the following channels :
|
- direct orders to foreign companies |
Export represents more than 50% of the global turnover.
Products abroad are placed by :
|
- its own agents |
Import comes generally from the following nations:
|
- Austria |
Export is mainly towards:
|
- |
|
- |
|
- Ireland |
|
- |
|
- Gabon |
|
- Somalia |
|
- Belgium |
|
- France |
|
- Germany |
|
- Greece |
|
- |
|
- Poland |
|
- Italy |
|
- Austria |
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
General partnership |
Joint stock company |
|
|
General partnership |
Joint stock company |
22/12/1978 |
EX-MEMBERS / EX-POSITIONS:
|
Pellegrini |
Maria Jole |
|
|
Born in Illasi |
(VR) |
on 29/12/1952 |
- Fiscal Code : PLLMJL52T69E284O |
|
|
Residence: |
|
Flangini |
, 2 |
- 37100 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Attorney General |
|
Director |
|
Pellegrini |
marco |
|
|
Born in Pastrengo |
(VR) |
on 28/12/1924 |
- Fiscal Code : PLLMRC24T28G365M |
|
|
Residence: |
|
Ungheria |
, 4/6 |
- 37031 |
Illasi |
(VR) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Procurator |
|
Director |
|
Managing Director |
|
Bianchi Carini |
Stefano |
|
|
Born in Firenze |
(FI) |
on 17/03/1953 |
- Fiscal Code : BNCSFN53C17D612V |
|
|
Residence: |
|
Porta Nuova |
, 20 |
- 37122 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Barana |
Franco |
|
|
Born in Grezzana |
(VR) |
on 10/03/1945 |
- Fiscal Code : BRNFNC45C10E171S |
|
|
Residence: |
|
Biondella |
, 24 |
- 37100 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Attorney General |
|
Director |
|
Panardo |
Margherita |
|
|
Born in Illasi |
(VR) |
on 12/03/1931 |
- Fiscal Code : PNRMGH31C52E284D |
|
|
Residence: |
|
Ungheria |
, 4 |
- 37031 |
Illasi |
(VR) |
- IT - |
|
Ex-Postions |
|
Attorney General |
|
Assistant board Chairman |
|
Centurioni |
Alberto |
|
|
Born in Verona |
(VR) |
on 29/11/1959 |
- Fiscal Code : CNTLRT59S29L781H |
|
|
Residence: |
|
Del Lavoro |
, 33 |
- 37036 |
San Martino Buon Albergo |
(VR) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Giliberti |
Giuseppe |
|
|
Born in Mirandola |
(MO) |
on 20/10/1939 |
- Fiscal Code : GLBGPP39R20F240O |
|
|
Residence: |
|
Franchetti |
, 11 |
- 37100 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Viola |
Anna |
|
|
Born in Fontanellato |
(PR) |
on 28/04/1953 |
- Fiscal Code : VLINNA53D68D673X |
|
|
Residence: |
|
G. Marconi |
, 31/B |
- 43012 |
Fontanellato |
(PR) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Stevanella |
Paolo |
|
|
Born in San Bonifacio |
(VR) |
on 06/07/1962 |
- Fiscal Code : STVPLA62L06H783F |
|
|
Residence: |
|
Del Lavoro |
, 33 |
- 37036 |
San Martino Buon Albergo |
(VR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Pellegrini |
Maria Jole |
|
|
Born in Illasi |
(VR) |
on 29/12/1952 |
|
|
Residence: |
|
Flangini |
, 2 |
- 37100 |
Verona |
(VR) |
- IT - |
|
Ex-Postions |
|
Attorney General |
|
Tosi |
Paola |
|
|
Born in Colognola Ai Colli |
(VR) |
on 24/01/1961 |
- Fiscal Code : TSOPLA61A64C897L |
|
|
Residence: |
|
S. Pertini |
, 14 |
- 37042 |
Caldiero |
(VR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
Protests checking on the subject firm has given a negative result.
Data Base Prejudicial Events Search
Search performed on a National Scale
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official Publications.
Subject is active since 1977
The eonomic-financial analysis is based on the latest 3 b/s.
During the last years, it achieved profits (r.o.e. 6,61% on 2012) and with an upward trend in turnover trend during the last financial year (+19,36% in 2012).
The operating result was positive in the last financial year (3,35%) falling within the field's average.
The amount of the operating result for the year 2012 is of Eur. 508.921 with an increase of 36,69% if the compared to the previous financial year.
During the latest financial year the gross operating margin amounted to Eur. 719.878 with a 40,64% increase as opposed to the preceding year.
Very good financial situation: shareholder's equity covers short-terms debts with an indebtedness level equal to 0,33 lower than in 2011.
Subject can manage an equity capital funds for an amount of Eur. 5.150.783 on the same levels as the year before.
During the last financial year debts totalled Eur. 9.439.738 (Eur. 2.443.759 of which were m/l term debts) , showing an upward trend if compared to 2011.
Financial debts exposure is under control while the recourse to commercial credit is rather frequent however still within the sector's average.
Liquidity is good (2,01)
Due from customers average term is high and equal to 104,39 days. but in line with the sector.
As far as the cash flow is concerned during the latest financial year it amounted to Eur. 551.085
Labour cost expenses amount to Eur. 2.427.275 , representing 17,52% on the total of production costs. and a 18,44% incidence on sales volumes.
The financial charges do not negatively affect the management, as they are covered by the incomes.
|
|
Complete balance-sheet for the year |
31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
13.159.766 |
|
Profit (Loss) for the period |
340.461 |
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
11.024.557 |
|
Profit (Loss) for the period |
161.889 |
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
11.723.852 |
|
Profit (Loss) for the period |
266.310 |
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
7.693.708 |
|
Profit (Loss) for the period |
9.090 |
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
22.977.471 |
|
Profit (Loss) for the period |
440.711 |
From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2012 |
as at 31/12/2011 |
as at 31/12/2010 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,06 |
0,10 |
0,10 |
0,24 |
|
Elasticity Ratio |
Units |
0,92 |
0,88 |
0,89 |
0,75 |
|
Availability of stock |
Units |
0,30 |
0,31 |
0,29 |
0,26 |
|
Total Liquidity Ratio |
Units |
0,62 |
0,57 |
0,59 |
0,44 |
|
Quick Ratio |
Units |
0,35 |
0,31 |
0,35 |
0,01 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
0,33 |
0,45 |
0,40 |
2,16 |
|
Self Financing Ratio |
Units |
0,34 |
0,36 |
0,34 |
0,24 |
|
Capital protection Ratio |
Units |
0,68 |
0,70 |
0,66 |
0,73 |
|
Liabilities consolidation quotient |
Units |
0,41 |
0,30 |
0,30 |
0,24 |
|
Financing |
Units |
1,83 |
1,63 |
1,74 |
2,80 |
|
Permanent Indebtedness Ratio |
Units |
0,53 |
0,51 |
0,48 |
0,41 |
|
M/L term Debts Ratio |
Units |
0,19 |
0,14 |
0,15 |
0,11 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
1,27 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
8,21 |
5,08 |
4,67 |
1,70 |
|
Current ratio |
Units |
2,01 |
1,84 |
1,81 |
1,26 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,35 |
1,20 |
1,21 |
0,83 |
|
Structure's primary quotient |
Units |
5,29 |
3,63 |
3,26 |
1,05 |
|
Treasury's primary quotient |
Units |
0,76 |
0,66 |
0,72 |
0,02 |
|
Rate of indebtedness ( Leverage ) |
% |
295,02 |
276,44 |
295,21 |
409,15 |
|
Current Capital ( net ) |
Value |
7.060.139 |
5.322.665 |
5.453.724 |
585.650 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
4,19 |
2,73 |
4,24 |
3,38 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
6,61 |
3,36 |
5,72 |
4,44 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
9,90 |
6,77 |
9,20 |
13,50 |
|
Return on Investment ( R.O.I. ) |
% |
3,35 |
2,80 |
3,19 |
4,84 |
|
Return/ Sales |
% |
3,87 |
3,38 |
3,75 |
4,43 |
|
Extra Management revenues/charges incid. |
% |
66,90 |
43,48 |
60,65 |
34,26 |
|
Cash Flow |
Value |
551.085 |
301.444 |
496.707 |
187.403 |
|
Operating Profit |
Value |
508.921 |
372.303 |
439.065 |
213.008 |
|
Gross Operating Margin |
Value |
719.878 |
511.858 |
669.468 |
336.914 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
104,39 |
97,03 |
92,25 |
104,44 |
|
Debts to suppliers average term |
Days |
131,39 |
108,79 |
113,80 |
122,62 |
|
Average stock waiting period |
Days |
126,23 |
133,26 |
123,21 |
90,71 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,87 |
0,83 |
0,85 |
1,05 |
|
Rate of stock return |
Units |
2,85 |
2,70 |
2,92 |
3,92 |
|
Labour cost incidence |
% |
18,44 |
24,17 |
21,71 |
17,51 |
|
Net financial revenues/ charges incidence |
% |
0,01 |
-0,42 |
-0,13 |
-1,60 |
|
Labour cost on purchasing expenses |
% |
17,52 |
22,66 |
21,20 |
17,77 |
|
Short-term financing charges |
% |
1,44 |
1,42 |
0,51 |
2,97 |
|
Capital on hand |
% |
115,47 |
120,79 |
117,22 |
94,78 |
|
Sales pro employee |
Value |
274.161 |
132.825 |
169.910 |
202.615 |
|
Labour cost pro employee |
Value |
50.568 |
32.103 |
36.888 |
33.583 |
1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.
3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.
|
Population living in the province |
: |
860.796 |
|
Population living in the region |
: |
4.699.950 |
|
Number of families in the region |
: |
1.813.210 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
456 |
|
- per non food products |
: |
2.052 |
|
- per energy consume |
: |
127 |
The values are calculated on a base of 448 significant companies.
The companies cash their credits on an average of 104 dd.
The average duration of suppliers debts is about 123 dd.
The sector's profitability is on an average of 3,38%.
The labour cost affects the turnover in the measure of 17,51%.
Goods are held in stock in a range of 91 dd.
The difference between the sales volume and the resources used to realize it is about 1,05.
The employees costs represent the 17,77% of the production costs.
Statistcally the trade activity shows periods of crisis.
The area is statistically considered lowly risky.
In the region 13.782 protested subjects are found; in the province they count to 2.673.
The insolvency index for the region is 0,30, , while for the province it is 0,31.
Total Bankrupt companies in the province : 2.982.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.06 |
|
|
1 |
Rs.102.03 |
|
Euro |
1 |
Rs.85.27 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
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.