MIRA INFORM REPORT
|
Report Date : |
30.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
DBOI GLOBAL SERVICES PRIVATE LIMITED (w.e.f. 26.06.1985) |
|
|
|
|
Formerly Known
As : |
DB OPERATIONS INTERNATIONAL PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Tower 2, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
20.12.2005 |
|
|
|
|
Com. Reg. No.: |
11-158278 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 554.600 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72900MH2005PTC158278 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged in providing back office services/ IT enabled
services to support various business lines of DB entities. |
|
|
|
|
No. of Employees
: |
Information Declined by Management |
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 |
|
Maximum Credit Limit : |
USD 10960000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a subsidiary of “Deutsche Knowledge Services Pte Limited”. It
is an established company having good track record. The company has seen an increase in it’s sales turnover but there
appears a dip in the net profitability during 2012. Financial position of the
company seems to be sound. Trade relations are fair. Business is active. Payment terms are
regular and as per commitments. The company can be considered good for business dealings at usual
trade terms and condition. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
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 DECLINED BY
Management non co-operative
LOCATIONS
|
Registered Office : |
Tower 2, |
|
Tel. No.: |
91-22-67113000 / 67117070 |
|
Fax No.: |
91-22-67113558 |
|
E-Mail : |
|
|
|
|
|
Corporate Headquarter Office: |
Deutsche Bank House, Hazarimal Somani Marg, Fort, Mumbai – 400001,
Maharashtra, India |
|
Tel. No.: |
91-22-66584600 |
DIRECTORS
AS ON 27.08.2012
|
Name : |
Mr. Arindam Banerji |
|
Designation : |
Director |
|
Address : |
45 Frederick Road, Birmingham B15 1HN,
United Kingdom |
|
Date of Birth/Age : |
14.11.1964 |
|
Date of Appointment : |
23.12.2005 |
|
DIN No.: |
00091726 |
|
|
|
|
Name : |
Mr. Martin Slumbers |
|
Designation : |
Director |
|
Address : |
Winfield,
The Warren, East Horsley, Leatherhead, Surrey, United
Kingdom |
|
Date of Birth/Age : |
19.03.1960 |
|
Date of Appointment : |
03.03.2006 |
|
DIN No.: |
02094091 |
|
|
|
|
Name : |
Mr. Gunit Chadha |
|
Designation : |
Director |
|
Address : |
181A, Maker Towers, Cuffe Parade, Mumbai – 400 005, Maharashtra, India
|
|
Date of Birth/Age : |
31.07.1961 |
|
Date of Appointment : |
03.03.2006 |
|
DIN No.: |
00078184 |
|
|
|
|
Name : |
Mr. Shrinath Bolloju |
|
Designation : |
Director |
|
Address : |
Flat No.54, Shangiri – LA Apartment, 27A Carmichael Road Mumbai – 400
026, Maharashtra, India |
|
Date of Birth/Age : |
30.03.1964 |
|
Date of Appointment : |
22.06.2007 |
|
DIN No.: |
00990302 |
|
|
|
|
Name : |
Mr. Avinash Vasant Prabhu |
|
Designation : |
Additional Director |
|
Address : |
601 Shree Apartment Plot No.454, 15th Road
Khar (West), Opposite Khar Gymkhana, Mumbai – 400052, Maharashtra,
India |
|
Date of Birth/Age : |
07.11.1968 |
|
Date of Appointment : |
03.06.2011 |
|
DIN No.: |
02579026 |
|
|
|
|
Name : |
Ms. Sandhya Vasudevan |
|
Designation : |
Director |
|
Address : |
No. 34/35, Vakil Garden
City, Kanakapura Road, Bangalore-560062, Karnataka, India |
|
Date of Birth/Age : |
23.11.1961 |
|
Date of Appointment : |
03.06.2011 |
|
DIN No.: |
00372405 |
|
|
|
|
Name : |
Mr. Manoj Ram Awtar Yadav |
|
Designation : |
Alternate Director |
|
Address : |
704 B Wing, Phoenix Tower, Senapati Bapat Marg,
Lower Parel, Mumbai - 400 013, Maharashtra, India |
|
Date of Birth/Age : |
28.12.1969 |
|
Date of Appointment : |
03.06.2011 |
|
DIN No.: |
01742715 |
KEY EXECUTIVES
|
Name : |
Mr. Vinod Gulabgir Goswami |
|
Designation : |
Secretary |
|
Address : |
No 25/3, Sree Rama, Lake Road, 6th F Cross,
Kaggdaspura, CV Raman Nagar, Bangalore -560093, Karnataka, India |
|
Date of Birth/Age : |
10.10.1978 |
|
Date of Appointment : |
25.07.2011 |
|
PAN No.: |
AGJPG2429C |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 27.08.2012
|
Names of Shareholders |
No. of Shares |
|
Deutsche Knowledge Services Pte Limited – Singapore |
46505453 |
|
Deutsche Asia Pacific Holdings Pte Limited - Singapore |
8949642 |
|
Deutsche India Holdings Private Limited – |
360 |
|
TOTAL
|
55455455 |
AS ON 27.08.2012
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Foreign holdings( Foreign institutional investor(s), Foreign
companie(s) Foreign financial institution(s), Non-resident Indian(s) or
Overseas Corporate bodies or Others |
99.99 |
|
Bodies corporate |
0.01 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in providing back office services/ IT enabled services
to support various business lines of DB entities. |
GENERAL INFORMATION
|
No. of Employees : |
Information Declined by Management |
|
|
|
|
Bankers : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
N Sampath Ganesh Chartered Accountant |
|
Address : |
Lodha Excelus, 1st
Floor, Appollo Mills Compound, N. M. Joshi Marg, Mahalakshmi, Mumbai 400011,
Maharashtra, India |
|
PAN No.: |
AAAFB9852F |
|
|
|
|
Ultimate Holding Company : |
|
|
|
|
|
Holding Company : |
|
|
|
|
|
Fellow Subsidiaries : |
|
CAPITAL STRUCTURE
AS ON 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
80450000 |
Equity Shares |
Rs.10/- each |
Rs. 804.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
55455455 |
Equity Shares |
Rs.10/- each |
Rs. 554.600
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 |
|
554.600 |
554.600 |
|
(b) Reserves & Surplus |
|
2187.200 |
2290.700 |
|
(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) |
|
2741.800 |
2845.300 |
|
|
|
|
|
|
(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 |
0.000 |
|
(d) long-term
provisions |
|
569.900 |
660.900 |
|
Total Non-current
Liabilities (3) |
|
569.900 |
660.900 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
|
0.000 |
0.000 |
|
(b) Trade
payables |
|
582.800 |
559.800 |
|
(c) Other
current liabilities |
|
1486.000 |
883.600 |
|
(d) Short-term
provisions |
|
623.000 |
587.300 |
|
Total Current
Liabilities (4) |
|
2691.800 |
2030.700 |
|
|
|
|
|
|
TOTAL |
|
6003.500 |
5536.900 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
701.000 |
811.500 |
|
(ii)
Intangible Assets |
|
20.500 |
2.000 |
|
(iii)
Capital work-in-progress |
|
67.000 |
8.500 |
|
(iv)
Intangible assets under development |
|
18.100 |
18.700 |
|
(b) Non-current Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
|
492.500 |
236.900 |
|
(d)
Long-term Loan and Advances |
|
594.800 |
550.700 |
|
(e) Other
Non-current assets |
|
408.000 |
663.000 |
|
Total Non-Current
Assets |
|
2301.900 |
2291.300 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
0.000 |
0.000 |
|
(c) Trade receivables |
|
2278.800 |
1979.700 |
|
(d) Cash
and cash equivalents |
|
1175.600 |
1114.000 |
|
(e)
Short-term loans and advances |
|
43.300 |
42.100 |
|
(f) Other
current assets |
|
203.900 |
109.800 |
|
Total
Current Assets |
|
3701.600 |
3245.600 |
|
|
|
|
|
|
TOTAL |
|
6003.500 |
5536.900 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
554.555 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
1587.415 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
2141.970 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
2141.970 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
778.654 |
|
|
Capital work-in-progress |
|
|
0.087 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERREX TAX ASSETS |
|
|
97.494 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000
|
|
|
Sundry Debtors |
|
|
1397.922
|
|
|
Cash & Bank Balances |
|
|
1013.886
|
|
|
Other Current Assets |
|
|
0.000
|
|
|
Loans & Advances |
|
|
1193.595
|
|
Total
Current Assets |
|
|
3605.403 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
1049.012
|
|
|
Other Current Liabilities |
|
|
1072.191
|
|
|
Provisions |
|
|
218.465
|
|
Total
Current Liabilities |
|
|
2339.668 |
|
|
Net Current Assets |
|
|
1265.735
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
2141.970 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
8405.102 |
|
|
|
Other Income |
|
|
76.843 |
|
|
|
TOTAL (A) |
11051.100 |
9129.100 |
8481.945 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Employee Cost |
9891.300 |
8152.700 |
3897.919 |
|
|
|
Administration and other Operating Expenses |
|
|
3541.535 |
|
|
|
TOTAL (B) |
9891.300 |
8152.700 |
7439.454 |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
[Including Financial |
[Including Financial |
1042.491 |
|
|
|
|
Expenses ] |
Expenses ] |
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
|
0.018 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
1159.800 |
976.400 |
1042.473 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
335.400 |
328.500 |
371.980 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
824.400 |
647.900 |
670.493 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
476.700 |
(55.500) |
9.237 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
347.700 |
703.400 |
661.256 |
|
|
|
|
|
|
|
|
|
|
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
2040.900 |
1337.500 |
676.214 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
1902.500 |
2040.900 |
1337.470 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Service Income |
10902.000 |
8744.400 |
7537.134 |
|
|
TOTAL EARNINGS |
10902.000 |
8744.400 |
7537.134 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Capital Goods |
112.800 |
300.100 |
115.543 |
|
|
TOTAL IMPORTS |
112.800 |
300.100 |
115.543 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
6.27 |
12.68 |
11.92 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
3.15
|
7.71 |
7.80
|
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
NA |
7.98
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
15.19
|
12.29 |
15.29
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.30
|
0.23 |
0.31
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.00
|
0.00 |
0.00
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.38
|
1.60 |
1.54
|
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 |
No |
|
10] |
Designation of contact
person |
No |
|
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 |
No |
|
20] |
Export / Import details
(if applicable) |
Yes |
|
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] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
CURRENT MATURITIES
OF LONG TERM DEBT
(Rs.
In Millions)
|
Particulars |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
Current Maturities of Long Term Debt |
NA |
NA |
NA |
|
|
|
|
|
|
TOTAL |
NA |
NA |
NA |
VIEW INDEX OF
CHARGES
|
S.
No. |
Charge
ID |
Date
of Charge Creation/Modification |
Charge
amount secured |
Charge
Holder |
Address
|
Service
Request Number (SRN) |
|
1 |
90148298
|
20/12/2004
* |
2,200,000.00
|
DEUTSCHE
BANK |
AG BANGLORE BRANCH, M.G. ROAD,
BANGLORE, KARNATAKA - 560001, INDIA |
- |
|
* Date of charge modification |
||||||
NOTE
The Registered Office of the company has been
shifted from Peninsula Corporate,
BACKGROUND
Subject was
incorporated on 22 December 2005 as a private limited company under the
Companies Act, 1956. The principal shareholder of the Company is Deutsche
Knowledge Services Pte Limited, a company incorporated in Singapore.
Subject has been
formed with the objective of establishing a global processing centre and is
engaged in providing back office services/ IT enabled services to support
various business lines of DB entities. The Company is operating Software
technology parks of India (STPI) Units from Bangalore and Mumbai and is also
operating an Special Economic Zone (SEZ) unit from Jaipur. It is claiming
benefits under section 10A and 10 AA benefits under Income Tax Act, 1961 for
these units. The STPI unit in Bangalore is operating from Velankani Technology
Park (VTP). STPI unit in Mumbai is operating from Logitech Park, Mumbai and SEZ
unit in Jaipur is operating from Mahindra World City, Jaipur.
OPERATIONS
The total income
for the year amounted to INR 11051.100 Millions as compared to INR 9129.100
Millions in the previous year. After deducting total expenditure, Depreciation
and Tax, the Company has earned a Net Profit after Tax of INR 347.700 Millions
as compared to INR 703.400 Millions in the previous year.
BUSINESS OUTLOOK
The India Service
Centres is committed to delivering world class client services at exceptional
value to our internal and external clients. This has been a defining year,
especially with changes in the external economic environment, evolution of GBS,
the closure of NextGen and launch of future the journey to world class. DBOI is
well on its way towards meeting its Client Satisfaction, Efficiency, People and
Cost goals.
Focus on Business
Alignment, Front-to-Back process delivery and Functional Excellence will
continue. This would involve focusing on delivery quality and timeliness,
ensuring adequate control mechanisms are in place, stakeholder engagement and
managing change effectively. There will also be a need to ensure that there is
alignment to different initiatives that are happening across the board in GBS
and the broader organization.
FIXED ASSETS
- Leasehold
Improvements
- Computer
Hardware
- Office
Equipment
- Furniture and
Fixture
- Telecommunication
- Computer
Software
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 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. 59.29 |
|
|
1 |
Rs. 91.18 |
|
Euro |
1 |
Rs. 78.71 |
INFORMATION DETAILS
|
Information Gathered
by : |
PDT |
|
|
|
|
Report Prepared
by : |
DPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
7 |
|
PAID-UP CAPITAL |
1~10 |
7 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--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 |
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 |
|
DEFAULTER |
|
|
|
--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.