1. Summary Information
|
|
|
Country |
INDIA |
|
Company Name |
J M J INDUSTRIES
PRIVATE LIMITED |
Principal Name 1 |
MR. SUNIL JINDAL |
|
Status |
SATISFACTORY |
Principal Name 2 |
MRS. MANJU JINDAL |
|
|
|
Registration # |
55-082486 |
|
Street Address |
KD - 17, MIG FLATS, PITAMPURA, NEW DELHI – 110 034 |
||
|
Established Date |
08.10.1996 |
SIC Code |
-- |
|
Telephone# |
91-11-27314292/ 27318129 |
Business Style 1 |
MANUFACTURING |
|
Fax # |
91-11-27314292/ 27318129 |
Business Style 2 |
TRADING |
|
Homepage |
NOT AVAILABLE |
Product Name 1 |
REXINE |
|
# of employees |
NOT AVAILABLE |
Product Name 2 |
MOBILE PHONES |
|
Paid up capital |
RS.5,993,180/- |
Product Name 3 |
-- |
|
Shareholders |
DIRECTORS OR RELATIVES OF DIRECTORS – 100% |
Banking |
BANK OF BARODA |
|
Public Limited Corp. |
NO |
Business Period |
17 YEARS |
|
IPO |
NO |
International Ins. |
-- |
|
Public |
NO |
Rating |
Ba (43) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
ASSOCIATE CONCERNS/ PARTIES |
-- |
LEEDS EXIMS PRIVATE LIMITED |
-- |
|
Note |
-- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
79,538,000
|
Current Liabilities |
45,863,000
|
|
Inventories |
20,088,000
|
Long-term Liabilities |
65,595,000 |
|
Fixed Assets |
41,017,000 |
Other Liabilities |
2,758,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
114,216,000 |
|
Invest& other Assets |
30,000 |
Retained Earnings |
20,464,000 |
|
|
|
Net Worth |
26,457,000 |
|
Total Assets |
140,673,000 |
Total Liab. & Equity |
140,673,000 |
|
Total Assets (Previous Year) |
128,154,000 |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
156,228,000 |
Net Profit |
1,489,000 |
|
Sales(Previous yr) |
153,981,000 |
Net Profit(Prev.yr) |
330,000 |
MIRA
INFORM REPORT
|
Report Date : |
05.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
J M J INDUSTRIES PRIVATE LIMITED (w.e.f. 25.08.2010) |
|
|
|
|
Formerly Known
As : |
J M J TEXTILES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
KD - 17, MIG Flats, Pitampura, New Delhi – 110 034 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
08.10.1996 |
|
|
|
|
Com. Reg. No.: |
55-082486 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.5.993
millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U01711DL1996PTC082486 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELJ02642D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACJ2797C |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged in a business of manufacturing of Rexine and
trading of Mobile Phones. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (43) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 106000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a satisfactory track record.
Trade relations are reported to be fair. Business is active. Payments are
reported to be slow but correct. The company can be considered for normal 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.
ECGC Country Risk Classification List – June 30, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
|
Source
: CIA |
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 : |
KD - 17, MIG Flats, Pitampura, New Delhi – 110 034, India |
|
Tel. No.: |
91-11-27314292/ 27318129 |
|
Fax No.: |
91-11-27314292/ 27318129 |
|
E-Mail : |
|
|
|
|
|
Branch Office : |
Located at: ·
Alipur, New Delhi ·
Nathupur, Sonepat, Haryana |
DIRECTORS
As on 29.09.2012
|
Name : |
Mr. Sunil Jindal |
|
Designation : |
Director |
|
Address : |
J-147, Ashok Vihar, Phase-I, Delhi – 110 052, India |
|
Date of Birth/Age : |
21.09.1964 |
|
Date of Appointment : |
25.03.2006 |
|
DIN No.: |
00058408 |
|
|
|
|
Name : |
Mrs. Manju Jindal |
|
Designation : |
Director |
|
Address : |
J-147, Ashok Vihar, Phase-I, Delhi – 110 052, India |
|
Date of Birth/Age : |
24.03.1964 |
|
Date of Appointment : |
01.12.2000 |
|
DIN No.: |
01094248 |
|
|
|
|
Name : |
Mr. Yatin Jindal |
|
Designation : |
Director |
|
Address : |
J-147, Ashok Vihar, Phase-I, Delhi – 110 052, India |
|
Date of Birth/Age : |
09.09.1988 |
|
Date of Appointment : |
30.11.2008 |
|
DIN No.: |
02425239 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 29.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Daulat Ram Jindal |
|
56980 |
|
Sunil Jinal |
|
142000 |
|
Yatin Jindal |
|
141838 |
|
Hemant Jindal |
|
200 |
|
Sunil Jindal HUF |
|
72350 |
|
Manju Bala Jindal |
|
70650 |
|
Triveni Jindal |
|
47200 |
|
Dai Ram HUF |
|
67100 |
|
Hayat Traders, India |
|
1000 |
|
Total |
|
599318 |
As on 27.12.2012
|
Names of Allottees |
|
No. of Shares |
|
Yatin Jindal |
|
30000 |
|
Manju Jindal |
|
50000 |
|
Dai Ram HUF |
|
100000 |
|
Sunil Jindal HUF |
|
100000 |
|
Total |
|
280000 |
As on 29.09.2012
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Directors
or relatives of directors |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in a business of manufacturing of Rexine and
trading of Mobile Phones. |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Bankers : |
·
Bank of Baroda, SSI Kundli Branch, Near HSIDC Park,
G.T. Karnal Road, Kundli, Sonepat – 131 028, Haryana, India ·
Punjab National Bank |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
V.D. Aggarwal and Company Chartered Accountants |
|
Address : |
BM-1, Dilkush Industrial Area cum Commercial Complex, GT Karnal Road, Azadpur,
New Delhi – 110 033, India |
|
Tel. No.: |
91-11-42390990/ 42390909 |
|
Fax No.: |
91-11-42390911 |
|
Income-tax
PAN of auditor or auditor's firm : |
AACFV2352A |
|
|
|
|
Associate Concerns/ Parties : |
·
Leeds Exims Private Limited ·
Hayat Traders |
CAPITAL STRUCTURE
After 29.09.2012
Authorised Capital : Rs.10.000 millions
Issued, Subscribed & Paid-up Capital : Rs.8.903
millions
As on 29.09.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs.10.000 millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
879318 |
Equity Shares |
Rs.10/- each |
Rs.8.793
millions |
|
|
|
|
|
As on 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs.10.000 millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
599318 |
Equity Shares |
Rs.10/- each |
Rs.5.993
millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
5.993 |
5.993 |
5.993 |
|
|
2] Share Application Money Pending Allotment |
0.000 |
0.000 |
1.800 |
|
|
3] Reserves & Surplus |
20.464 |
18.974 |
18.644 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
26.457 |
24.967 |
26.437 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
50.669 |
55.575 |
50.469 |
|
|
2] Unsecured Loans |
14.926 |
6.682 |
6.008 |
|
|
TOTAL BORROWING |
65.595 |
62.257 |
56.477 |
|
|
DEFERRED TAX LIABILITIES |
1.578 |
0.993 |
0.498 |
|
|
|
|
|
|
|
|
TOTAL |
93.630 |
88.217 |
83.412 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
41.017 |
43.511 |
51.554 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.030 |
0.030 |
0.000 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
20.088
|
14.069 |
9.541 |
|
|
Sundry Debtors |
70.836
|
61.258 |
30.940 |
|
|
Cash & Bank Balances |
4.406
|
4.208 |
1.735 |
|
|
Other Current Assets |
3.959
|
4.741 |
0.000 |
|
|
Loans & Advances |
0.337
|
0.337 |
2.202 |
|
Total
Current Assets |
99.626
|
84.613 |
44.418 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
37.428
|
30.930 |
12.342 |
|
|
Other Current Liabilities |
8.435
|
8.354 |
0.218 |
|
|
Provisions |
1.180
|
0.653 |
0.000 |
|
Total
Current Liabilities |
47.043
|
39.937 |
12.560 |
|
|
Net Current Assets |
52.583
|
44.676 |
31.858 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
93.630 |
88.217 |
83.412 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
156.228 |
153.981 |
74.594 |
|
|
|
Other Income |
2.685 |
0.324 |
3.036 |
|
|
|
TOTAL (A) |
158.913 |
154.305 |
77.630 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Material Consumed |
98.335 |
112.862 |
76.681 |
|
|
|
Purchase of Stock in Trade |
22.808 |
12.259 |
|
|
|
|
Manufacturing and Operating Cost |
8.097 |
7.205 |
|
|
|
|
Change in Inventories |
2.454 |
(2.230) |
|
|
|
|
Employment Benefit Expenses |
2.843 |
2.956 |
|
|
|
|
Other Administrative Expenses |
5.459 |
4.994 |
|
|
|
|
TOTAL (B) |
139.996 |
138.046 |
76.681 (including
financial expenses and depreciation) |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
18.917 |
16.259 |
|
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
10.722 |
8.352 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
8.195 |
7.907 |
|
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
6.076 |
6.593 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE TAX
(E-F) (G) |
2.119 |
1.314 |
0.949 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
0.630 |
0.984 |
0.295 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
1.489 |
0.330 |
0.654 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’ BALANCE
BROUGHT FORWARD |
1.951 |
1.621 |
0.967 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
3.440 |
1.951 |
1.621 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Capital Goods |
NA |
NA |
1.971 |
|
|
TOTAL IMPORTS |
NA |
NA |
1.971 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
2.48 |
0.55 |
1.09 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
0.94
|
0.21 |
0.84 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.36
|
0.85 |
1.27 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
1.51
|
1.03 |
0.99 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.08
|
0.05 |
0.04 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
2.48
|
2.49 |
2.14 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.12
|
2.12 |
3.54 |
LOCAL AGENCY FURTHER INFORMATION
|
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) |
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 |
No |
|
Unsecured Loans |
31.03.2012 (Rs. in Millions) |
31.03.2011 (Rs. in Millions) |
|
LONG TERM BORROWINGS |
|
|
|
Loans from
Directors |
1.847 |
1.696 |
|
Loans from
Shareholders |
3.287 |
3.186 |
|
Loans from
Related Parties |
7.292 |
1.800 |
|
Other Loans and
Advances |
2.500 |
0.000 |
|
Total |
14.926 |
6.682 |
PERFORMANCE REVIEW
During the year,
the company achieved the turnover of Rs.156.227 millions and earned profit before
depreciation amounting to Rs.8.194 millions as compared to last year's profit
of Rs.7.907 millions. The directors are quite hopeful for better result in
coming year.
Bankers Charges
Report as per Registry
|
Corporate identity number of the company |
U01711DL1996PTC082486 |
|
Name of the company |
J M J INDUSTRIES
PRIVATE LIMITED |
|
Address of the registered office or of the
principal place of business in |
KD - 17, MIG Flats, Pitampura, New Delhi – 110 034, India E-Mail: arvind.gupta@jmjgroup.in |
|
This form is for |
Modification of charge |
|
Charge identification number of the
modified |
10163489 |
|
Type of charge |
Immovable Property Book Debts Movable Property (not being pledge) Floating Charge |
|
Particular of charge holder |
Bank of Baroda,
SSI Kundli Branch, Near HSIDC Park, G.T. Karnal Road, Kundli, Sonepat – 131
028, Haryana, India E-Mail: akandco@hotmail.com |
|
Nature of description of the instrument
creating or modifying the charge |
Supplemental Composite Agreement of
Hypothecation of Goods, Book Debts, Moveable Machinery and Vehicles and Supplemental
Memorandum of Entry dated 28.06.2012 |
|
Date of instrument Creating the charge |
28.06.2012 |
|
Amount secured by the charge |
Rs.45.000 millions |
|
Brief particulars of the principal terms an
conditions and extent and operation of the charge |
Rate of Interest: @ 3.50% over Base Rate of the Bank. Terms of Repayment: Payable on demand. Margin: Stock - 25% and Book Debts - 30% Extent and Operation of the charge: 100% Others: To secure all amounts payable under Cash
Credit Limit of Rs.45.000 millions granted to the Company together with all
interests, costs, charges, expenses etc. |
|
Short particulars of the property charged |
Hypothecation of Stocks, Receivables and
Machinery of the Company. Equitable Mortgage of Property at Khewat
No. 384, Khata No.468, Killa No.9/14, Village Nathupur, District Sonepat
admeasuring 3418 sq. yards (5 Kanal 13 Marla) in the name of the Company. |
|
Particulars of the present
modification |
Extent of operation of charges on stocks,
book debts, machinery and immovable properties of the Company situated at
Khewat No. 384, Khata No.468, Killa No.9/14, Village Nathupur, District
Sonepat admeasuring 3418 sq. yards (5 Kanal 13 Marla) stands enhanced from
Rs.33.500 millions to Rs.45.000 millions to secure Cash Credit Limit of
Rs.45.000 millions granted to the Company. Rate of interest stands changed to
3.50% above Base Rate. Other terms and conditions remained the
same. |
FIXED ASSETS:
Tangible Assets
·
Land
·
Building
·
Plant and Machinery
·
Furniture and Fixtures
·
Vehicles
·
Electrical Installation
·
Office Equipment
Intangible Assets
·
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 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.55.05 |
|
|
1 |
Rs.82.75 |
|
Euro |
1 |
Rs.71.61 |
INFORMATION DETAILS
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
43 |
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.