MIRA INFORM REPORT
|
Report Date : |
18.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
HSF FOOD PRO-TECH PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Dabwali Road, Sirsa – 125055, Haryana |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
09.11.1998 |
|
|
|
|
Com. Reg. No.: |
05-034068 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 16.869 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U29191HR1998PTC034068 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged in manufacturing of Rice Mill
Machineries. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (27) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 100000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a moderate track record. There
appears drastic fall in its sales and profitability during 2012. The external
borrowing seems to be increasing over a years. However, trade relations are reported to be fair. Business is active.
Payments are reported to be slow but correct. The company can be considered for business dealings with some caution.
|
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) |
|
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.
LOCATIONS
|
Registered Office : |
Dabwali Road, Sirsa – 125055, Haryana, India |
|
Tel. No.: |
91-1666-241539/ 241639 |
|
Fax No.: |
91-1666-241839 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
As on: 29.09.2012
|
Name : |
Mr. Bharat Bhushan Gupta |
||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||
|
Address : |
242, C-Block, Sirsa – 125055, Haryana, India |
||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
14.02.1958 |
||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
09.11.1998 |
||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00383585 |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Suneel Kumar Gupta |
||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||
|
Address : |
242, C-Block, Sirsa – 125055, Haryana, India |
||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
18.01.1959 |
||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
09.11.1998 |
||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00383624 |
||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Sanjeev Kumar Gupta |
||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||
|
Address : |
158, C-Block, Sirsa – 125055, Haryana |
||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
17.03.1969 |
||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
21.01.1999 |
||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00383662 |
||||||||||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 29.09.2012
|
Names of Shareholders (Equity Shares) |
|
No. of Shares |
|
Aaksh Gupta |
|
10125 |
|
Abhishek Gupta |
|
250 |
|
Ankur Gupta |
|
50 |
|
Bharat Bhushan Gupta |
|
268355 |
|
Bharat Bhushan Gupta in capacity of Karta of Bharat Bhushan Gupta HUF |
|
43750 |
|
Gaurav Mittal |
|
125 |
|
Meena Gupta |
|
50 |
|
Mamta Bagla |
|
50 |
|
Neelu Singhal |
|
50 |
|
Neha Gupta |
|
8000 |
|
Omprakash in capacity of Karta of Omprakash s/o Danmal HUF |
|
50 |
|
Poonam Gupta |
|
50 |
|
Dayawanti singal in capacity of professor of M/s Pawan oil store |
|
50 |
|
Pooja Mittal |
|
125 |
|
Pawan Kumar in capacity of Karta of Pawan Kumar Bagla HUF |
|
25 |
|
Parul Gupta |
|
30000 |
|
Rajkamal in capacity of Karta of Ramjidass Rajkamal HUF |
|
125 |
|
Sushil kumar in capacity of professor of M/s Ramkumar Sushil kumar |
|
25 |
|
Rubicam agencies Private limited, India |
|
552500 |
|
Rajesh Kumar in capacity of Karta of Rajesh Kumar Bagla HUF |
|
25 |
|
Radhakrishnan Rajkumar |
|
20 |
|
Suneel Gupta |
|
276695 |
|
Sanjeev Gupta |
|
270335 |
|
Samita Gupta |
|
50 |
|
Seema Mittal |
|
125 |
|
Shweta Gupta |
|
125 |
|
Suneel Gupta in capacity of Karta of Suneel Gupta HUF |
|
43750 |
|
Sanjeev Gupta in capacity of Karta of Sanjeev Gupta HUF |
|
43750 |
|
Suneel Gupta in capacity of Trustee of Shaveta Gupta Benefit Trust |
|
50 |
|
Suneel Gupta in capacity of Trustee of Ankur Gupta Benefit Trust |
|
50 |
|
Sanjeev Gupta in capacity of Trustee of Aayush Gupta Benefit Trust |
|
50 |
|
Sanjeev Gupta in capacity of Trustee of Vaishali Gupta Benefit Trust |
|
50 |
|
Sighanchi Traders, India |
|
20 |
|
Vimla Devi Bagla |
|
50 |
|
Total |
|
1548900 |
|
Names of
Shareholders (Preference Shares) |
|
No.
of Shares |
|
A. S. Confin Private Limited, India |
|
24000 |
|
Hari Vyapaar Private Limited, India |
|
20000 |
|
P. P. suppliers and agencies Private Limited, India |
|
20000 |
|
P. P. Developer Private Limited, India |
|
20000 |
|
Reposit Finco Private Limited, India |
|
20000 |
|
Rubicam Agencies Private Limited, India |
|
14000 |
|
Sarda Confin Private Limited, India |
|
20000 |
|
Total |
|
138000 |
As on 31.03.2013
|
Names of
Allottee (Equity Shares) |
|
No.
of Shares Allotted |
|
Rubicam Agencies Private Limited |
|
300000 |
|
Total |
|
300000 |
Equity Share Break up (Percentage of Total Equity)
As on: 29.09.2012
|
Category |
Percentage |
|
Bodies corporate |
35.67 |
|
Directors or relatives of Directors |
64.29 |
|
Other top fifty shareholders |
0.04 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in manufacturing of Rice Mill
Machineries. |
PRODUCTION STATUS (As on 31.03.2011)
|
Particular |
Unit |
Production |
|
Parboiling cum Drier Plants |
Nos. |
75 |
|
Parboiling Plants |
Nos. |
6 |
|
Driers |
Nos. |
15 |
|
Heat Exchangers |
Nos. |
9 |
|
Blowers |
Nos. |
9 |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
|
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
(Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Ashok Singal and Associates Chartered Accountants |
|
Address : |
Shree Balaji Market, Begu Road, Sirsa – 125055, Haryana, India |
|
Tel. No.: |
91-1666-226653 |
|
PAN.: |
AKSPS9453M |
|
|
|
|
Enterprises over which
key management personnel or their relatives are exercising significant
influence : |
·
Rubicam Agencies Private Limited, Kolkata ·
Alliance Engineers, Sirsa ·
Ashok Vatika Agro Farms Private Limited ·
Aayush Gupta Benefit Trust ·
Ankur Gupta Benefit Trust ·
Shweta Gupta Benefit Trust
|
CAPITAL STRUCTURE
After 29.09.2012
Authorised Capital : Rs. 30.000 Millions
Issued, Subscribed & Paid-up Capital : Rs. 19.869
Millions
As on: 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1750000 |
Equity Shares |
Rs.10/- each |
Rs. 17.500 Millions |
|
250000 |
Preference Shares |
Rs.10/- each |
Rs. 2.500 Millions |
|
|
Total |
|
Rs. 20.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1548900 |
Equity Shares |
Rs.10/- each |
Rs. 15.489
Millions |
|
138000 |
Preference Shares |
Rs.10/- each |
Rs. 1.380
Millions |
|
|
Total |
|
Rs. 16.869 Millions |
Reconciliation of the
Shares outstanding at the beginning and end of the reporting year
|
Particular |
No of Shares |
Amount in Millions |
|
Equity Shares |
|
|
|
Shares outstanding at beginning of the year |
1518900 |
15.189 |
|
Shares issued during the year |
30000 |
0.300 |
|
Shares bought back during the year |
- |
- |
|
Shares outstanding at end of the year |
1548900 |
15.489 |
|
Preference Shares |
|
|
|
Shares outstanding at beginning of the year |
138000 |
1.380 |
|
Shares issued during the year |
- |
- |
|
Shares outstanding at end of the year |
138000 |
1.380 |
Terms/rights attached
to equity shares
The company has only one class of equity shares having a par value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share. In event of liquidation of the company, the holders of equity shares would be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.
Terms/rights attached
to Non-Cumulative Convertible Preference Shares
Non-cummulative convertible Preference Shares carry non-cummulative dividend @ 12% p.a. Each holder of NCCPS is entitled to one vote per share only on resolution placed before the company which directly affects the rights attached to NCCPS. Each NCCPS is convertible in 1 Equity Share for each preference share held.
Details of
shareholders holding more than 5% shares in the company
|
Name of Shareholder |
No of Shares |
Holding percentage |
|
Equity Shares of
Rs. 10 each fully paid |
|
|
|
Bharat Bhushan Gupta |
268355 |
17.33% |
|
Rubicam Agencies Private Limited |
552500 |
35.67% |
|
Suneel Gupta |
276695 |
17.86% |
|
Sanjeev Gupta |
270335 |
17.45% |
|
Non-Cummulative
Convertible Preference Shares of Rs. 10 each fully paid |
|
|
|
A. S. Confin Private Limited |
24000 |
17.39% |
|
Hari Vyapaar Private Limited |
20000 |
14.49% |
|
P. P. suppliers and agencies Private Limited |
20000 |
14.49% |
|
P. P. Developer Private Limited |
20000 |
14.49% |
|
Reposit Finco Private Limited |
20000 |
14.49% |
|
Rubicam Agencies Private Limited |
14000 |
10.14% |
|
Sarda Confin Private Limited |
20000 |
14.49% |
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 |
16.869 |
16.569 |
16.488 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
20.525 |
18.006 |
12.733 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
37.394 |
34.575 |
29.221 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
21.026 |
19.254 |
3.089 |
|
|
2] Unsecured Loans |
78.862 |
34.872 |
11.874 |
|
|
TOTAL BORROWING |
99.888 |
54.126 |
14.963 |
|
|
DEFERRED TAX LIABILITIES |
1.765 |
1.525 |
1.211 |
|
|
|
|
|
|
|
|
TOTAL |
139.047 |
90.226 |
45.395 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
52.585 |
49.747 |
38.251 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
71.976
|
71.201 |
67.237 |
|
|
Sundry Debtors |
62.588
|
56.634 |
43.511 |
|
|
Cash & Bank Balances |
3.498
|
1.979 |
7.925 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
13.454
|
15.266 |
20.846 |
|
Total
Current Assets |
151.516
|
145.080 |
139.519 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
24.400
|
59.214 |
58.463 |
|
|
Other Current Liabilities |
40.654
|
45.387 |
71.623 |
|
|
Provisions |
0.000
|
0.000 |
2.289 |
|
Total
Current Liabilities |
65.054
|
104.601 |
132.375 |
|
|
Net Current Assets |
86.462
|
40.479 |
7.144 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
139.047 |
90.226 |
45.395 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
331.279 |
603.259 |
552.511 |
|
|
|
Other Income |
5.813 |
3.057 |
3.263 |
|
|
|
TOTAL (A) |
337.092 |
606.316 |
555.774 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Material consumed |
304.067 |
557.220 |
|
|
|
|
(Increase)/decrease in inventories of work-in-progress |
0.002 |
0.332 |
545.053 |
|
|
|
Employee benefits expense |
7.005 |
6.950 |
|
|
|
|
Other Expenses |
13.728 |
30.837 |
|
|
|
|
TOTAL (B) |
324.802 |
595.339 |
545.053 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
12.290 |
10.977 |
10.721 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
8.844 |
2.584 |
1.067 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
3.446 |
8.393 |
9.654 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
1.887 |
1.569 |
1.260 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
1.559 |
6.824 |
8.394 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
0.240 |
1.873 |
2.601 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
1.319 |
4.951 |
5.793 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Exports at F.O.B. value |
24.039 |
110.235 |
118.571 |
|
|
TOTAL EARNINGS |
24.039 |
110.235 |
118.571 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
6.966 |
5.732 |
0.000 |
|
|
TOTAL IMPORTS |
6.966 |
5.732 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) Basic Diluted |
0.87 0.80 |
3.27 3.00 |
3.83 3.51 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
0.39
|
0.82 |
1.04 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
0.47
|
1.13 |
1.52 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.76
|
3.50 |
4.72 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.04
|
0.19 |
0.28 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
2.67
|
1.56 |
0.51 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.33
|
1.38 |
1.05 |
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) |
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 LOAN
(Rs in millions)
|
Particular |
As
on 31.03.2012 |
As
on 31.03.2011 |
|
Unsecured Loans and advances from related parties |
53.301 |
7.559 |
|
Other unsecured loans |
25.561 |
27.313 |
|
Total |
78.862 |
34.872 |
FIXED ASSETS
- Land
- Factory Building
- Office Building
- Hand Pump
- Plant and Machinery
- Generator Set
- Computer
- Car
- Other Vehicles
- Electrical Equipment
- Office Equipments:
- Staff quarters
- Submersible Pump
- Safety Equipment
- 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. 54.89 |
|
|
1 |
Rs. 83.66 |
|
Euro |
1 |
Rs. 70.58 |
INFORMATION DETAILS
|
Report Prepared
by : |
UDS |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
|
27 |
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.