1. Summary Information
|
|
|
Country |
India |
|
Company Name |
SV PLASTOCHEM
PRIVATE LIMITED |
Principal Name 1 |
Mr. Kishore Ramkrishnarao Dhokne |
|
Status |
Satisfactory |
Principal Name 2 |
Mrs. Bharti Kishore Dhokne |
|
|
|
Registration # |
11-110678 |
|
Street Address |
Gat No.603, At
and Post Janor, Taluka Sindori, District Nashik – 422066, Maharashtra, India |
||
|
Established Date |
15.09.1997 |
SIC Code |
-- |
|
Telephone# |
91-253-2597815 |
Business Style 1 |
Manufacturer |
|
Fax # |
91-253-2501129 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Tin Based Components. |
|
|
# of employees |
40
(Approximately) |
Product Name 2 |
-- |
|
Paid up capital |
Rs. 2,961,700/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or
relatives of Directors = 100.00% |
Banking |
Bank of
Maharashtra |
|
Public Limited Corp. |
No |
Business Period |
16 Years |
|
IPO |
No |
International Ins. |
-- |
|
Public |
No |
Rating |
Ba (48) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
113,099,000 |
Current Liabilities |
29,138,000 |
|
Inventories |
22,286,000 |
Long-term Liabilities |
16,832,000 |
|
Fixed Assets |
11,042,000 |
Other Liabilities |
8,230,000 |
|
Deferred Assets |
889,000 |
Total Liabilities |
54,200,000 |
|
Invest& other Assets |
731,000 |
Retained Earnings |
90,885,000 |
|
|
|
Net Worth |
93,847,000 |
|
Total Assets |
148,047,000 |
Total Liab. & Equity |
148,047,000 |
|
Total Assets (Previous Year) |
169,848,000 |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
Not Available |
Net Profit |
12,679,000 |
|
Sales(Previous yr) |
Not Available |
Net Profit(Prev.yr) |
11,228,000 |
MIRA
INFORM REPORT
|
Report Date : |
26.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
SV PLASTOCHEM PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Gat No.603, At and Post Janor, Taluka Sindori, District Nashik –
422066, Maharashtra |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
15.09.1997 |
|
|
|
|
Com. Reg. No.: |
11-110678 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.2.962 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24110MH1997PTC110678 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of Tin Based Components. |
|
|
|
|
No. of Employees
: |
40 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (48) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 370000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track record. As per the available, the balance of reserves in the balance sheet
appear to be good. Liquidity position seems to be strong and healthy. Trade relations are fair. Business is active. Payment terms are
reported as usually correct. The company can be considered normal 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 |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL NSTC Rating |
|
Rating |
SE 1B |
|
Rating Explanation |
Highest performance capability and moderate financial strength |
|
Date |
07.12.2012 |
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 : |
Gat No.603, At and Post Janor, Taluka Sindori, District Nashik –
422066, Maharashtra, India |
|
Tel. No.: |
91-253-2597815 |
|
Fax No.: |
91-253-2501129 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
A 1/2 Sriramkunj Complex, Takali Road, Dwarka Circle, Nashik – 422011,
Maharashtra, India |
|
Tel. No.: |
91-253-2597815/ 2595338/ 2594810 |
|
Fax No.: |
91-253-2501129 |
|
E-Mail : |
DIRECTORS
As on 25.09.2012
|
Name : |
Mr. Kishore Ramkrishnarao Dhokne |
|
Designation : |
Director |
|
Address : |
21, B 1, Shriramkunj, Takli Road, Nashik – 422001, Maharashtra, India |
|
Date of Birth/Age : |
26.04.1962 |
|
Date of Appointment : |
15.09.1997 |
|
DIN No.: |
00521082 |
|
|
|
|
Name : |
Mrs. Bharti Kishore Dhokne |
|
Designation : |
Director |
|
Address : |
S. No.2A/2 Plot No.60, Madhur, D’Souza Colony, Nashik – 422005,
Maharashtra, India |
|
Date of Birth/Age : |
22.01.1968 |
|
Date of Appointment : |
01.03.2010 |
|
DIN No.: |
03424140 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 25.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Kishore R. Dhokne |
|
193036 |
|
Nitin G. Nagpurkar |
|
89110 |
|
Ranjana N. Nihul |
|
14000 |
|
Sulbha M. Shirke |
|
1 |
|
Ramkrishna P. Mahod |
|
1 |
|
Sunil M. Gound |
|
1 |
|
Vijay M. Jawade |
|
1 |
|
Pravin K. Kokate |
|
1 |
|
Ravindra R. Dhokne |
|
1 |
|
Uttamrao G. Nagpurkar |
|
2 |
|
Ramkrishna M. Dhokne |
|
1 |
|
Atul Bansal |
|
1 |
|
Kiran B. Kokate |
|
1 |
|
Manohar R. Dhokne |
|
1 |
|
Rekhatai Lande |
|
1 |
|
Subhash M. Tale |
|
1 |
|
Dattatrya C. Ghogare |
|
1 |
|
Ganesh V. Thakre |
|
1 |
|
Manoj U. Nagpurkar |
|
1 |
|
Ramdasrao G. Nagpurkar |
|
1 |
|
Suryabhan G. Nagpurkar |
|
1 |
|
Mahadeorao N. Gound |
|
1 |
|
Shamrao G. Shokne |
|
1 |
|
Shobha M. Gound |
|
1 |
|
Dilip M. Jawade |
|
1 |
|
Anil K. Kokate |
|
1 |
|
|
|
|
|
Total |
|
296170 |
As on 25.09.2012
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Tin Based Components. |
GENERAL INFORMATION
|
Suppliers : |
· Advanced Process Equipments (Mangesh Indus.) · Aim Enviro · Akshay Nursery · Ameeja Enterprises · Anan Drugs & Chem Limited · Atikil Enterprises · Apar Industries Limited · Apollo Industries · Atharva Media Concept · Bansal Sales Corpn. · Bharat Milling Industries (Purchase) · Bharat Sanchar Nigam Limited (Aabcb5576G) · Bharti K Dhokne [Salary A/C] · Bruno Buck · Calchem Ind. (India) Limited |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Customers : |
·
M, Plastics ·
Aalap Enterprises ·
Aarkay Traders ·
Accercte Pharamaceuticals Private Limited ·
Adiya Industries ·
Agarwal and Company ·
Akar Shrink Pack ·
Akash Plastopack Private Limited ·
Akash Polymers Gondal ·
Akay Mouldings Private Limited ·
Amarsai Shrink Pack Private Limited ·
Amhad Engg. Works ·
Ameet Meta Plast Private Limited |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
(Approximately) |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Bankers : |
Bank of
Maharashtra, Nashik Branch, Maharashtra, India |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
(Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
--- |
|
|
|
|
Auditors : |
|
|
Name : |
Patil Hiran Jajoo and Company Chartered Accountants |
|
Address : |
401, 4th Floor, Rushiraj Regency, Opposite Mama Mungi
Karyalaya, Gangapur Road, Nashik - 422005 Maharashtra, India |
|
PAN No.: |
AAJFP7660C |
CAPITAL STRUCTURE
As on 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
300000 |
Equity Share |
Rs.10/- each |
Rs.3.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
296170 |
Equity Share |
Rs.10/- each |
Rs.2.962
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 |
|
2.962 |
2.962 |
|
(b) Reserves & Surplus |
|
90.885 |
78.205 |
|
(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) |
|
93.847 |
81.167 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
10.633 |
11.579 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long term liabilities |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
0.000 |
0.000 |
|
Total Non-current Liabilities (3) |
|
10.633 |
11.579 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term
borrowings |
|
6.199 |
32.211 |
|
(b) Trade payables |
|
26.024 |
33.554 |
|
(c) Other current
liabilities |
|
3.114 |
2.268 |
|
(d) Short-term provisions |
|
8.230 |
9.069 |
|
Total Current Liabilities (4) |
|
43.567 |
77.102 |
|
|
|
|
|
|
TOTAL |
|
148.047 |
169.848 |
|
|
|
|
|
|
II. ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
11.042 |
10.851 |
|
(ii) Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
|
0.726 |
0.669 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.005 |
0.005 |
|
(c) Deferred tax assets (net) |
|
0.889 |
0.889 |
|
(d) Long-term Loan and Advances |
|
0.000 |
0.000 |
|
(e) Other Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current Assets |
|
12.662 |
12.414 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
22.286 |
19.167 |
|
(c) Trade receivables |
|
72.800 |
109.401 |
|
(d) Cash and cash
equivalents |
|
13.209 |
3.030 |
|
(e) Short-term loans
and advances |
|
1.490 |
6.447 |
|
(f) Other current
assets |
|
25.600 |
19.389 |
|
Total Current Assets |
|
135.385 |
157.434 |
|
|
|
|
|
|
TOTAL |
|
148.047 |
169.848 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
2.962 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
66.977 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
69.939 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
23.039 |
|
|
2] Unsecured Loans |
|
|
9.927 |
|
|
TOTAL BORROWING |
|
|
32.966 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
102.905 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
8.122 |
|
|
Capital work-in-progress |
|
|
1.427 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.005 |
|
|
DEFERREX TAX ASSETS |
|
|
0.381 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
21.766 |
|
|
Sundry Debtors |
|
|
69.820 |
|
|
Cash & Bank Balances |
|
|
3.532 |
|
|
Other Current Assets |
|
|
17.042 |
|
|
Loans & Advances |
|
|
7.766 |
|
Total
Current Assets |
|
|
119.926 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
|
|
18.330 |
|
|
Other Current Liabilities |
|
|
0.409 |
|
|
Provisions |
|
|
8.217 |
|
Total
Current Liabilities |
|
|
26.956 |
|
|
Net Current Assets |
|
|
92.970 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
102.905 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
NA |
NA |
274.248 |
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL (A) |
NA |
NA |
274.248 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
NA |
NA |
253.416 |
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL (B) |
NA |
NA |
253.416 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
NA |
NA |
20.832 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
NA |
NA |
2.604 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
NA |
NA |
18.228 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
NA |
NA |
1.491 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
NA |
NA |
16.737 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
NA |
NA |
5.760 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
12.679 |
11.228 |
10.977 |
|
|
|
|
|
|
|
|
|
|
Earnings Per Share
(Rs.) |
42.81 |
37.91 |
37.06 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
NA
|
NA
|
4.00 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA
|
NA
|
13.07 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA
|
NA
|
0.24 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.18
|
0.54 |
0.47 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.11
|
2.04 |
4.45 |
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 one year |
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 |
Yes |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
No |
|
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 |
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 |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
Yes |
UNSECURED LOAN
Rs.
In Millions
|
Particular |
As
on 31.03.2012 |
As
on 31.03.2011 |
|
Long Term
Borrowings |
|
|
|
From directors and shareholders |
0.269 |
0.754 |
|
From Others |
0.538 |
0.484 |
|
Sales Tax Deferred |
8.657 |
8.657 |
|
Total |
9.464 |
9.895 |
FIXED ASSETS:
· Land
· Building
· Row House
· Plant and Machinery
· Furniture
· Computers
· Office Equipment
· Car
· Mobile Phone
· Two Wheeler
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 records 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.59.73 |
|
|
1 |
Rs.95.25 |
|
Euro |
1 |
Rs.78.38 |
INFORMATION DETAILS
|
Report Prepared
by : |
NTH |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--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 |
|
48 |
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.