1. Summary Information
|
Country |
|
||
|
Company Name |
MATHRUBHUMI PRINTING AND PUBLISHING COMPANY LIMITED |
Principal Name 1 |
Mr. M. P. Veerendrakumar |
|
Status |
Good |
Principal Name 2 |
Mr. P V Chandran |
|
Registration # |
09-001522 |
||
|
Street Address |
|
||
|
Established Date |
15.02.1922 |
SIC Code |
-- |
|
Telephone# |
91-495-2356655/ 2356252/ 2356544 |
Business Style 1 |
Printing |
|
Fax # |
91-495-2356656/ 2360062 |
Business Style 2 |
Publishing |
|
Homepage |
Product Name 1 |
Newspaper |
|
|
# of employees |
1500
(Approximately) |
Product Name 2 |
Periodicals |
|
Paid up capital |
Rs.1,715,000/- |
Product Name 3 |
Scrap |
|
Shareholders |
Directors or Relatives of Directors – 69.00% Other top Fifty Shareholders – 21.00% Others – 10.00% |
Banking |
State
Bank of Travancore |
|
Public Limited Corp. |
NO |
Business Period |
91 Years |
|
IPO |
NO |
International Ins. |
- |
|
Public |
NO |
Rating |
A (64) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
-- |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
1,834,357,000 |
Current Liabilities |
1,318,516,000 |
|
Inventories |
327,846,000 |
Long-term Liabilities |
1,134,030,000 |
|
Fixed Assets |
2,008,545,000 |
Other Liabilities |
799,811,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
3,252,357,000 |
|
Invest& other Assets |
282,640,000 |
Retained Earnings |
1,199,316,000 |
|
|
|
Net Worth |
1,201,031,000 |
|
Total Assets |
4,453,388,000 |
Total Liab. & Equity |
4,453,388,000 |
|
Total Assets (Previous Year) |
3,287,591,000 |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
Not Available |
Net Profit |
209,603,000 |
|
Sales(Previous yr) |
3919,439,000 |
Net Profit(Prev.yr) |
300,433,000 |
MIRA INFORM REPORT
|
Report Date : |
05.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
MATHRUBHUMI PRINTING AND PUBLISHING COMPANY LIMITED |
|
|
|
|
Registered
Office : |
|
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
15.02.1922 |
|
|
|
|
Com. Reg. No.: |
09-001522 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.1.715 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U22110KL1922PLC001522 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
CHNM00052D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACT8521G |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged in Printing and Publishing of
Newspaper. |
|
|
|
|
No. of Employees
: |
1500 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
A (64) |
|
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 4800000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Exist |
|
|
|
|
Comments : |
Subject is a well-established and reputed company having a fine track
record. There appear some dip in the profit during 2012. However, financial position
of the company appears to be sound. Fundamentals are strong and healthy.
Trade relations are reported as trustworthy. Business is active. Payments are
reported to be regular and as per commitments. The company can be considered for normal 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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
Long Term Rating = A |
|
Rating Explanation |
Adequate degree of safety and low credit risk |
|
Date |
20.03.2013 |
|
Rating Agency Name |
CRISIL |
|
Rating |
Short Term Rating = A1 |
|
Rating Explanation |
Very strong degree of safety and lowest credit risk. |
|
Date |
20.03.2013 |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter in
the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
LOCATIONS
|
Registered Office : |
|
|
Tel. No.: |
91-495-2356655/ 2356252/ 2356544/ 2369333/2366144/ 2368222/ 2368333/ 2360222/ 2366443 /2369222/ 2360333/ 2760997/ 2760998 |
|
Fax No.: |
91-495-2356656/ 2360062 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
As on 22.09.2012
|
Name : |
Mr. Maniyamkode Padmaprabha Veerendrakumar |
|
Designation : |
Chairman and Managing Director |
|
Address : |
Puliyarmala Estate, Kalpetta North, South Wynad – 673121, Kerala, India |
|
Date of Birth/Age : |
22.07.1936 |
|
Date of Appointment : |
11.11.1979 |
|
DIN No.: |
00114996 |
|
PAN No.: |
ABPPV6306E |
|
|
|
|
Name : |
Mr. Parayarukandi Vettath Chandran |
|
Designation : |
Whole Time Director |
|
Address : |
Keralakala Azhachavattom, Calicut, Kozhikode – 673007, Kerala, India |
|
Date of Birth/Age : |
23.11.1939 |
|
Date of Appointment : |
01.09.1994 |
|
DIN No.: |
00115059 |
|
PAN No.: |
ACEPC5244J |
|
|
|
|
Name : |
Mr. Parayarukandi Vettath Nidhish |
|
Designation : |
Whole Time Director |
|
Address : |
Keralakala Azhachavattom, Calicut – 673007, Kerala, India |
|
Date of Birth/Age : |
13.03.1970 |
|
Date of Appointment : |
05.06.1994 |
|
DIN No.: |
00114891 |
|
PAN No.: |
ABKPN8019M |
|
|
|
|
Name : |
Mr. Maniyamkode Veerendralumar Srayams Kumar |
|
Designation : |
Whole Time Director |
|
Address : |
Anandamandiram, Puliyar Mala, Kalpetta North, South Wynad – 673121,Kerala,India |
|
Date of Birth/Age : |
15.04.1967 |
|
Date of Appointment : |
20.09.2006 |
|
DIN No.: |
00877099 |
|
|
|
|
Name : |
Mr. Maniyamkode Jinachandran Vijaya Padman |
|
Designation : |
Whole Time Director |
|
Address : |
Vjaya Mahal, Kalpetta North, South Wynad – 673121, Kerala, India |
|
Date of Birth/Age : |
17.04.1951 |
|
Date of Appointment : |
01.07.2004 |
|
DIN No.: |
00114930 |
|
|
|
|
Name : |
Mr. Parayarukandy Vettath Gangadharan |
|
Designation : |
Director |
|
Address : |
Keralakala, Azhchavattom Calicut, Kozhikode – 673007, Kerala, India |
|
Date of Birth/Age : |
08.08.1943 |
|
Date of Appointment : |
08.04.1984 |
|
DIN No.: |
00115031 |
|
PAN No.: |
ADHPG8318B |
|
|
|
|
Name : |
Mrs. Kalpana Krishna Mohan |
|
Designation : |
Director |
|
Address : |
Vijaya Mohan, Kalpetta North, South Wynad – 673121, Kerala, India |
|
Date of Birth/Age : |
07.08.1949 |
|
Date of Appointment : |
12.07.1999 |
|
Din No.: |
00114856 |
|
|
|
|
Name : |
Mr. Karumathil Mohandas Radhakrishnan |
|
Designation : |
Director |
|
Address : |
Remya Kozhipuram Compound Cotton Mill Road, Thiruvannur Calicut – 673029, Kerala, India |
|
Date of Birth/Age : |
14.02.1932 |
|
Date of Appointment : |
30.09.2002 |
|
Din No.: |
00115085 |
|
|
|
|
Name : |
Mr. Vattaparambil Bhaskara Menon |
|
Designation : |
Director |
|
Address : |
Advocate FF 6B29, Maruti, Vasanthi Nagar, Kochi – 682025, Kerala, India |
|
Date of Birth/Age : |
31.07.1938 |
|
Date of Appointment : |
12.03.1979 |
|
Din No.: |
00115473 |
|
|
|
|
Name : |
Mr. Anakkara Vadakath Madhavan Achuthan |
|
Designation : |
Whole Time Director |
|
Address : |
D – 505, SDM Vihar, Opposite Sangham Theatre, R K Puram New Delhi 110022, New Delhi, India |
|
Date of Birth/Age : |
15.06.1926 |
|
Date of Appointment : |
30.04.1985 |
|
Din No.: |
00115114 |
|
|
|
|
Name : |
Mr. Thandayam Parambil Kunhikrishnan Jayarajan |
|
Designation : |
Director |
|
Address : |
Kalpaka, Tali Calicut – 673006, Kerala, India |
|
Date of Birth/Age : |
07.07.1939 |
|
Date of Appointment : |
20.09.2006 |
|
Din No.: |
00049770 |
KEY EXECUTIVES
|
Name : |
Mr. Gopala Krishnan |
|
Designation : |
Secretary |
|
Address : |
5/38, Shree
Nilayam, Eranhipalam Calicut – 673006, |
|
Date of Birth/Age : |
10.07.1933 |
|
Date of Appointments: |
16.11.1958 |
|
PAN.: |
ADBPG1223B |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 22.09.2012
SHAREHOLDING DETAILS FILE ATTACHED
As on 22.09.2012
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Directors or relatives of Directors |
69.00 |
|
Other top fifty shareholders |
21.00 |
|
Others |
10.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is Engaged in Printing and Publishing of
Newspaper. |
||||||
|
|
|
||||||
|
Products : |
|
GENERAL INFORMATION
|
No. of Employees : |
1500 (Approximately) |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
(Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
--- |
|
|
|
|
Auditors : |
|
|
Name : |
K.K Thampan and Company Chartered Accountants |
|
Address : |
"Govardhan", Madhavan Nair Road, Calicut -673002, Kerala, India |
|
PAN No.: |
AAGPU5363E |
CAPITAL STRUCTURE
As on 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7000 |
Equity Shares |
Rs.500/- each |
Rs.3.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3429 |
Equity Shares |
Rs.500/- each |
Rs.1.715
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
|
31.03.2012 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
|
1.715 |
|
(b) Reserves & Surplus |
|
|
1199.316 |
|
(c) Money
received against share warrants |
|
|
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
|
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
|
1201.031 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
|
718.569 |
|
(b) Deferred tax liabilities (Net) |
|
|
29.059 |
|
(c) Other long term
liabilities |
|
|
305.320 |
|
(d) long-term
provisions |
|
|
82.256 |
|
Total Non-current
Liabilities (3) |
|
|
1135.204 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term
borrowings |
|
|
415.461 |
|
(b) Trade payables |
|
|
581.170 |
|
(c) Other current
liabilities |
|
|
432.026 |
|
(d) Short-term
provisions |
|
|
688.496 |
|
Total Current
Liabilities (4) |
|
|
2117.153 |
|
|
|
|
|
|
TOTAL |
|
|
4453.388 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
|
1863.055 |
|
(ii) Intangible Assets |
|
|
145.490 |
|
(iii) Capital
work-in-progress |
|
|
281.906 |
|
(iv)
Intangible assets under development |
|
|
0.000 |
|
(b) Non-current Investments |
|
|
0.734 |
|
(c) Deferred tax assets (net) |
|
|
0.000 |
|
(d) Long-term Loan and Advances |
|
|
32.372 |
|
(e) Other
Non-current assets |
|
|
52.790 |
|
Total Non-Current
Assets |
|
|
2376.347 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
|
0.000 |
|
(b) Inventories |
|
|
327.846 |
|
(c) Trade receivables |
|
|
605.142 |
|
(d) Cash and cash
equivalents |
|
|
185.054 |
|
(e) Short-term loans
and advances |
|
|
956.036 |
|
(f) Other current
assets |
|
|
2.963 |
|
Total Current Assets |
|
|
2077.041 |
|
|
|
|
|
|
TOTAL |
|
|
4453.388 |
|
SOURCES OF FUNDS |
|
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
1.715 |
1.715 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
1039.529 |
786.920 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
1041.244 |
788.635 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
680.717 |
701.696 |
|
|
2] Unsecured Loans |
|
291.249 |
279.610 |
|
|
TOTAL BORROWING |
|
971.966 |
981.306 |
|
|
DEFERRED TAX LIABILITIES |
|
32.558 |
42.531 |
|
|
|
|
|
|
|
|
TOTAL |
|
2045.768 |
1812.472 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
1270.018 |
1111.458 |
|
|
Capital work-in-progress |
|
59.265 |
92.064 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.734 |
0.734 |
|
|
DEFERREX TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
281.541
|
206.991
|
|
|
Sundry Debtors |
|
547.203
|
479.339
|
|
|
Cash & Bank Balances |
|
471.320
|
169.082
|
|
|
Other Current Assets |
|
10.169
|
2.928
|
|
|
Loans & Advances |
|
647.341
|
331.993
|
|
Total
Current Assets |
|
1957.574
|
1190.333 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
|
363.233
|
169.798
|
|
|
Other Current Liabilities |
|
265.591
|
45.354
|
|
|
Provisions |
|
612.999
|
366.965
|
|
Total
Current Liabilities |
|
1241.823
|
582.117 |
|
|
Net Current Assets |
|
715.751
|
608.216 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
2045.768 |
1812.472 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
3919.439 |
3350.186 |
|
|
|
Other Income |
|
40.018 |
49.826 |
|
|
|
TOTAL (A) |
NA |
3959.457 |
3400.012 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Consumption of materials changes in inventories |
|
1523.696 |
1560.205 |
|
|
|
Manufacturing service cost |
|
301.072 |
266.792 |
|
|
|
Employee related Expenses |
NA |
951.772 |
616.191 |
|
|
|
Administration selling other expenses |
|
404.769 |
302.950 |
|
|
|
TOTAL (B) |
NA |
3181.309 |
2746.138 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
NA |
778.148 |
653.874 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
NA |
88.658 |
99.522 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
636.197 |
689.490 |
554.352 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
275.993 |
194.029 |
165.777 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
360.204 |
495.461 |
388.575 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
150.601 |
195.028 |
141.249 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
209.603 |
300.433 |
247.326 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
0.343 |
0.234 |
0.194 |
|
|
|
|
|
|
|
|
|
|
APPROPRIATIONS |
|
|
|
|
|
|
Transfer to General Reserve |
|
|
211.300 |
|
|
|
Dividend |
NA |
300.324 |
30.861 |
|
|
|
Tax on Dividend |
|
|
5.125 |
|
|
|
BALANCE CARRIED
TO THE B/S |
NA |
0.343 |
0.234 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
News Print |
NA |
NA |
658.882 |
|
|
|
Components, Spares and Other Materials |
NA |
NA |
12.762 |
|
|
TOTAL IMPORTS |
NA |
NA |
671.644 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
61126.57 |
87615.00 |
72128.00 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
NA
|
7.59
|
7.27 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
7.67
|
11.60 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
8.64
|
15.35
|
16.88 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.30
|
0.48
|
0.49 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.94
|
0.93
|
1.24 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.98
|
1.58
|
2.04 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info
Agents |
Available in Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact person |
No |
|
11] |
Turnover of firm for last two years |
Yes |
|
12] |
Profitability for last three years |
Yes |
|
13] |
Reasons for variation <> 20% |
---------------------- |
|
14] |
Estimation for coming financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
---------------------- |
|
22] |
Litigations that the firm / promoter involved in |
Yes |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
Yes |
|
25] |
Conduct of the banking account |
---------------------- |
|
26] |
Buyer visit details |
---------------------- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if applicable |
Yes |
|
29] |
Last accounts filed at ROC |
Yes |
|
30] |
Major Shareholders, if available |
Yes |
|
31] |
Date of Birth of Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director, if available |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
Yes |
DETAILS OF LITIGATIONS
|
KERALA HIGH COURT CASE STATUS INFORMATION SYSTEM Case Status : PENDING Status of : INSURANCE APPEALS 1 of 2013 ESI CORPORATION Vs. THE MATHRUBHUMI PRINTING AND PUBLISHING COMPANY Pet's Adv. : SRI.THOMAS MATHEW NELLIMO Res's Adv.
: Last Listed On : Thursday, January 10, 2013 Category : ESI ACT
Case Updated on: Thursday, January 10, 2013 |
UNSECURED LOAN
Rs.
In Millions
|
Particular |
|
As
on 31.03.2012 |
|
Long-term
borrowings |
|
|
|
Other loans and advances |
|
13.171 |
|
Total |
|
13.171 |
|
|
|
|
|
Particular |
|
As
on 31.03.2011 |
|
|
|
|
|
Other debt unsecured |
|
291.249 |
|
Total |
|
291.249 |
FIXED ASSETS
- Land (Leasehold and Freehold)
- Building
- Plant and Machinery
- Furniture
- Vehicles
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 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 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.60.09 |
|
|
1 |
Rs.91.58 |
|
Euro |
1 |
Rs.78.08 |
INFORMATION DETAILS
|
Report Prepared
by : |
NTH |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
8 |
|
PAID-UP CAPITAL |
1~10 |
7 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
7 |
|
--PROFITABILIRY |
1~10 |
7 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
7 |
|
--RESERVES |
1~10 |
7 |
|
--CREDIT LINES |
1~10 |
7 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
YES |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
64 |
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 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.