MIRA
INFORM REPORT
|
Report Date : |
12.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
AGILENT TECHNOLOGIES INDIA PRIVATE LIMITED [w.e.f. 24.09.1999] |
|
|
|
|
Formerly Known
As : |
HP MEASUREMENT INDIA PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
Unit Nos. 105-116, 1st Floor, Splendor Forum, Plot No.3,
District Centre, Jasola, New Delhi – 110025 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
26.07.1999 |
|
|
|
|
Com. Reg. No.: |
55-100823 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.19.330
Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74140DL1999PTC100823 |
|
|
|
|
Tin No.: |
29880079650 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELA00756A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCA9874A |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and
Exporter of Gas Chromatography, Liquid Chromatography, Spectrophotometer,
etc. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
A (62) |
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well established company having fine track record. The
company has achieved better growth in its turnover and profit margin during
2012. Financial position of the company appears to be sound. Trade relations
are reported as trustworthy. Business is active. Payments are reported to be
regular and as per commitments. The company can be considered good 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 – 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 |
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.
INFORMATION PARTED BY
|
Name : |
Ms. Sweta Singh |
|
Designation : |
Tender Process Specialist |
|
Contact No.: |
91-9650998600 |
|
Date : |
12.07.2013 |
LOCATIONS
|
Registered Office : |
Unit Nos. 105-116, 1st Floor, Splendor Forum, Plot No.3,
District Centre, Jasola, New Delhi-110025, India |
|
Tel No.: |
91-11-46237100 / 46237035 |
|
Mobile No.: |
91-9650998600 [Ms. Sweta Singh] |
|
Fax No.: |
91-11-46237106 / 105 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Factory : |
Agilent
Technologies Singapore (Sales) Pte. Limited No.1, Yishun Avenue 7, Singapore 768923 |
|
Tel No.: |
(65)-6377-1688 |
|
Fax No.: |
(65)-6270-8372 |
|
|
|
|
Branch / Site Office : |
Ahmedabad 2nd Floor, Zodiac
Avenue, Opposite Mayor’s Bungalow, Near Law Garden, Ellis Bridge, Ahmedabad-
380006, Gujarat, India Tel:
+91-79-40049733/22 Fax: +91-79-40049720 Bangalore Block C, RMZ
Centennial, 3rd and 4th Floor, Plot No. 8A, 8B, 8C, 8D, Doddanakundi
Industrial Area, ITPL Road, Mahadevapura Post, Bangalore-560048, Karnataka,
India Tel:
+91-80-40148700 (40614000) Fax: +91-80-41665120 Chandigarh DLF Info City
Developers Chandigarh Limited, Ground Floor, Tower-D, Plot No. 2, DLF IT
Park, Kishan Garh, Chandigarh-160101, India Tel:
+91-172-4607151 Fax: +91-172-4607160 Chennai Regus Olympia,
Olympia Tech Park, Level 2, ALTIUS Building, 1 – SIDCO Industrial Estate,
Guindy, Chennai-600032, Tamilnadu, India Tel:
+91-44-42994085 Fax: +91-44-42994311 Haryana- Manesar Plot No. CP-11
Sector 8 IMT Manesar-122051, Haryana, India Tel:
+91-124-4863000 Fax: +91-124-2292019 Hyderabad My Home Hub, 3rd
Floor, 3rd Block, Madhapur, Hyderabad-500081, Andhra Pradesh, India Tel:
+91-40-44312222 Fax: +91-40-23116224 Kolkata 9th Floor,
'Saket' 44, Park Street, P.S. Shakespeare Sarani Kolkata-700016, West Bengal,
India Phone:
+91-33-40232998 Fax: +91-33-40232994/95 Mumbai G01, Prime
Corporate Park, 230/231, Sahar Road, Opposite Blue Dart Centre, Sahar,
Andheri (E), Mumbai-400099, Maharashtra, India Tel:
+91-22-30648200-02/30648287 Fax: +91-22-30648250 New Delhi- Jasola Unit Nos. 105 -
116, First Floor, Splendor Forum, Plot No – 3, District Center Jasola, New
Delhi-110025, India Tel:
+91-11-46237100 Fax: +91-11-46237106 |
DIRECTORS
AS ON 25.09.2012
|
Name : |
Mr. Parmeet Ahuja Singh |
||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||
|
Address : |
Villa #15 Espace Nirvana Country, Sector 50, Gurgaon – 122018, |
||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
14.01.1969 |
||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
29.09.2009 |
||||||||||||||||||||||||||||||||||||
|
Din No.: |
02616624 |
||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Sameer Madan |
||||||||||||||||||||||||||||||||||||
|
Designation : |
Whole Time Director |
||||||||||||||||||||||||||||||||||||
|
Address : |
A-1/112, Janak Puri, New Delhi-110058, India |
||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
09.07.1970 |
||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
25.09.2012 |
||||||||||||||||||||||||||||||||||||
|
Din No.: |
05233018 |
||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Sivakumar Pasupathi |
||||||||||||||||||||||||||||||||||||
|
Designation : |
Whole Time Director |
||||||||||||||||||||||||||||||||||||
|
Address : |
288 Pocket, Sarita Vihar, New Delhi-110076, India |
||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
05.06.1959 |
||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
25.09.2012 |
||||||||||||||||||||||||||||||||||||
|
Din No.: |
02173107 |
||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Kumar Goruganthu Phani |
|
Designation : |
Secretary |
|
Address : |
B-202, |
|
Date of Birth/Age : |
13.11.1976 |
|
Date of Appointment : |
01.03.2010 |
|
Pan No.: |
AFCPG8089G |
|
|
|
|
Name : |
Ms. Sweta Singh |
|
Designation : |
Tender Process Specialist |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 25.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Agilent Technologies Europe B.V., Europe |
|
1932667 |
|
Agilent Technologies Sanigi B.V., Europe |
|
1 |
|
|
|
|
|
TOTAL
|
|
1932668 |
AS ON 25.09.2012
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others] |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and
Exporter of Gas Chromatography, Liquid Chromatography, Spectrophotometer,
etc. |
|
|
|
|
Terms : |
|
|
Selling : |
LC and Credit |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|
|
|
|
Bankers : |
Citibank |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Price Waterhouse Chartered Accountant |
|
Address : |
Building No.8, 7th and 8th Floor, Tower B, DLF,
Cyber City, Gurgaon-122002, Haryana, India |
|
PAN No: |
AADFP9359C |
|
|
|
|
Holding Company: |
Agilent Technologies Europe B.V., Netherlands |
|
|
|
|
Ultimate Holding Company: |
Agilent Technologies, Inc., United States |
|
|
|
|
Fellow Subsidiaries : |
·
Agilent Technologies Korea Limited ·
Agilent Technologies (International) Private
Limited ·
Agilent Technologies Italia S.P.A., Italy ·
Agilent Technologies Singapore (Holdings) Pte
Limited, Singapore ·
Agilent Technologies Singapore (Sales) Pte
Limited, Singapore ·
Varian India Private Limited, United Status ·
Agilent Technologies Australia Pty. Limited,
Australia ·
Agilent Technologies Sales and Services GmbH and
Company KG, Germany |
CAPITAL STRUCTURE
AS ON 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
45500000 |
Equity Shares |
Rs.10/- each |
Rs.455.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1932668 |
Equity Shares |
Rs.10/- each
|
Rs.19.330
Millions |
FINANCIAL DATA
[all figures are in
Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES
OF FUNDS |
|
31.03.2012 |
31.03.2011 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
19.330 |
19.330 |
|
(b) Reserves & Surplus |
|
1461.950 |
1294.990 |
|
(c) Money received
against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2)
Share Application money pending allotment |
|
0.000 |
0.000 |
|
Total Shareholders’ Funds (1) + (2) |
|
1481.280 |
1314.320 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term
borrowings |
|
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long
term liabilities |
|
0.000 |
2.040 |
|
(d) long-term
provisions |
|
45.440 |
29.150 |
|
Total Non-current
Liabilities (3) |
|
45.440 |
31.190 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
|
0.000 |
0.000 |
|
(b)
Trade payables |
|
861.310 |
491.380 |
|
(c) Other
current liabilities |
|
271.570 |
199.220 |
|
(d) Short-term
provisions |
|
128.910 |
101.880 |
|
Total Current
Liabilities (4) |
|
1261.790 |
792.480 |
|
|
|
|
|
|
TOTAL |
|
2788.510 |
2137.990 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
|
433.620 |
463.950 |
|
(ii)
Intangible Assets |
|
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
|
8.270 |
4.880 |
|
(iv) Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current
Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax
assets (net) |
|
104.000 |
66.000 |
|
(d) Long-term Loan and Advances |
|
123.120 |
140.050 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
669.010 |
674.880 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
618.830 |
357.050 |
|
(c) Trade
receivables |
|
1046.360 |
731.820 |
|
(d) Cash
and cash equivalents |
|
251.540 |
161.270 |
|
(e)
Short-term loans and advances |
|
202.670 |
212.970 |
|
(f)
Other current assets |
|
0.100 |
0.000 |
|
Total
Current Assets |
|
2119.500 |
1463.110 |
|
|
|
|
|
|
TOTAL |
|
2788.510 |
2137.990 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
19.326 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
1256.529 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
1275.855 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
1275.855 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
400.235 |
|
|
Capital work-in-progress |
|
|
27.124 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERREX TAX ASSETS |
|
|
51.700 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
371.558
|
|
|
Sundry Debtors |
|
|
738.705
|
|
|
Cash & Bank Balances |
|
|
231.193
|
|
|
Other Current Assets |
|
|
0.000
|
|
|
Loans & Advances |
|
|
196.886
|
|
Total
Current Assets |
|
|
1538.342 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
505.332
|
|
|
Other Current Liabilities |
|
|
97.750
|
|
|
Provisions |
|
|
138.464
|
|
Total
Current Liabilities |
|
|
741.546
|
|
|
Net Current Assets |
|
|
796.796
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
1275.855 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
3250.990 |
2343.780 |
2331.725 |
|
|
|
Other Income |
82.040 |
98.230 |
53.373 |
|
|
|
TOTAL |
3333.030 |
2442.010 |
2385.098 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Trade Sales |
958.970 |
925.080 |
|
|
|
|
Spare Parts Consumed |
488.420 |
194.670 |
2313.551 |
|
|
|
Employee Benefits Expenses |
630.410 |
480.870 |
|
|
|
|
Other Expenses |
900.740 |
694.530 |
|
|
|
|
TOTAL |
2978.540 |
2295.150 |
2313.551 [Including
Depreciation] |
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
354.490 |
146.860 |
|
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
98.530 |
96.700 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
255.960 |
50.160 |
71.547 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
89.000 |
11.700 |
27.221 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
166.960 |
38.460 |
44.326 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
|
|
Commission Earnings |
NA |
NA |
681.614 |
|
|
|
Other Earnings |
NA |
NA |
239.637 |
|
|
TOTAL EARNINGS |
NA |
NA |
921.251 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Spare Parts |
NA |
134.355 |
140.762 |
|
|
|
Finished Goods |
NA |
672.947 |
883.219 |
|
|
TOTAL IMPORTS |
NA |
807.302 |
1023.981 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
86.39 |
19.90 |
22.94 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
5.00
|
1.57 |
1.85
|
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
7.87
|
2.14 |
3.07
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
9.56
|
2.43 |
3.69
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.17
|
0.04 |
0.06
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.00
|
0.00 |
0.00
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.67
|
1.85 |
2.07
|
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 |
No |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact person |
Yes |
|
11] |
Turnover of firm for last three 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 |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
-- |
|
22] |
Litigations that the firm / promoter involved in |
-- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
No |
|
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] |
PAN of Proprietor/Partner/Director, if available |
No |
|
32] |
Date
of Birth of Proprietor/Partner/Director, if available |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
NOTE:
The registered office of the company has been shifted from Tirupati Plaza, Second Floor, Plot No.11, Sector XI, Dwarka, New Delhi-110075, India to the present address w.e.f. 15.11.2010.
FIXED ASSETS:
·
Building
·
Plant and Machinery
·
Office Equipment
·
Computers
·
Furniture and Fixtures
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.59.64 |
|
|
1 |
Rs.90.14 |
|
Euro |
1 |
Rs.77.99 |
INFORMATION DETAILS
|
Report Prepared
by : |
TPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
7 |
|
--PROFITABILIRY |
1~10 |
7 |
|
--LIQUIDITY |
1~10 |
8 |
|
--LEVERAGE |
1~10 |
8 |
|
--RESERVES |
1~10 |
8 |
|
--CREDIT LINES |
1~10 |
8 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
62 |
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.