MIRA
INFORM REPORT
|
Report Date : |
28.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
WORLDS WINDOW IMPEX INDIA PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
75, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
14.02.1997 |
|
|
|
|
Com. Reg. No.: |
55-085138 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.63.170
Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51109DL1997PTC085138 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELG05297F |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCG3418Q |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Importer and Trader of Ferrous and Non Ferrous Metal Scrap. |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (51) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having good track record. Financial position of the company is decent. Performance capability of
the company is good. Trade relation reported to be fair. Business is active. Payment terms
are reported to be regular and as per commitment. The company can be considered normal for business dealing 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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
India |
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
N E W S
As per the latest IMF study, the total weigh of emerging markets in the
GDP of the world on a purchasing power parity basis has seen a sizeable shift.
It highlights how as against 51 % in 2005, the emerging economies now account
for close to 56 % of the global purchasing power GDP as per the latest survey.
And with the emerging economies growing at a faster rate than their developed
counterparts, there are every possibility that the their share goes up further
in the coming years. China may surpass the US over the next few years.
Politics and economics are very intricately connected. They tend to
influence each other in ways that could be very complex and far-reaching. The
prospects of the India’s economy have been seriously compromised due to
political corruption. High inflation, poor standard of living are to a great
extent a result of rampant corruption in the country. China on the other hand,
seems to be facing diametrically opposite challenge. American hedge fund
manager Jim Chanos has been keenly following the political and economic
development in the dragon economy and has figured out something that is quite
worrying. He is of the view that the Chinese economy could be heading toward
trouble on account of new Chinese President Xi Jingping’s very aggressive
anti-corruption drive. Chanos believes that many things such as apartment
sales, luxury products, etc. were largely bought with dirty money. And it is
now beginning to impact consumption. This may indeed be bad news for an economy
that is struggling to transition from an investment-driven export-oriented
economy to a domestic consumption-driven economy.
A study published by Firstpost has revealed that asset classes like real
estate and equities were the biggest beneficiaries of the liberalization policies.
A firm called Ciane Analytics studied returns from assets including
equities, gold, fixed deposits, G-Secs and real estate since 1991. Real estate
outperformed every other asset classes during the 23-year period with an
annualized return of 20 % ! Equities came in second with annualized return of
15.5 % ! However, while these returns may seem mouthwatering, the fact is that
the return from equities adjusted for inflation came down to just 7.1 %.
Some brief news are as under
. R-Power to buy Jaypee’s hydro assets
. Investors await justice in NSEL case
. India seeks MFN status from Pakistan ahead of meeting
. Ukrain’s clashes with rebels hinder MH17 crash investigation
. India exploring merger of state-owned hydro PSUs
..Higher costs weigh down profit growth to slowest in 9 quarters
..Wal-Mart to expand wholesale business in India
. GMR group moves to strengthen balance sheet
. Central Bank to sell 4 % stake to Life Insurance Corporation
. Tata Chemicals plans to raise up to Rs 10000 mn.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
|
Rating |
Long term Bank Facility: “A-” |
|
Rating Explanation |
Adequate degree of safety and low credit risk. |
|
Date |
March 24, 2014 |
|
Rating Agency Name |
CARE |
|
Rating |
Short Term Bank Facility: “A2+” |
|
Rating Explanation |
Strong degree of safety and low credit risk. |
|
Date |
March 24, 2014 |
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
31-03-2014.
INFORMATION DECLINED
MANAGEMENT NON-COOPERATIVE (Tel. No.: Tel. No.: 91-11-43122933)
LOCATIONS
|
Registered Office : |
75, Khirki Village, Malviya Nagar, New Delhi -110017, India |
|
Tel. No.: |
91-11-29542460/ 29545475/ 6235698/ 43122933 |
|
Fax No.: |
91-11-29545475 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Branch Offices : |
Located at: ·
Ghaziabad, Uttar Pradesh, India ·
Fatehgarh Sahib, Punjab, India |
DIRECTORS
As on 30.09.2013
|
Name : |
Mr. Naveen Agarwal |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
B-12B, First Floor, Kalkaji, New Delhi -110019, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
19.11.1978 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
09.12.2000 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
PAN No. : |
ADLPA0602J |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00113809 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Sunil Kumar Maheshwari |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
I – 1612, C. R. Park, New Delhi - 110019, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
10.08.1964 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
30.09.2013 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
PAN No. : |
AGAPM1237D |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
02317160 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Sandeep Soni |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Additional Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
Parishram Nivas, Main Road, Purani Jeen, Morena – 476001, Madhya Pradesh, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
15.07.1974 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
08.03.2014 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
06845851 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship
:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Vijay Makhija |
|
Designation : |
Secretory |
|
Address : |
A-40, Duggal Colony, Devli Road, Khanpur, New Delhi – 110062, India |
|
Date of Birth : |
07.07.1989 |
|
Date of Appointment : |
17.09.2013 |
|
PAN No. : |
BOWPM1004B |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2013
|
Names of Shareholders |
No. of Shares |
|
Piyoosh Goyal |
2050100 |
|
Naveen Agrawal |
100 |
|
Manglam Apatments Limited, India |
366450 |
|
International Metal and Steel B.V, |
3095351 |
|
Dharitrimaa
Urja Private Limited, India |
805042 |
|
Total |
6317043 |
Allottees as on 14.03.2014
|
Names of Allottees |
No. of Shares |
|
Dharitrimaa
Urja Private Limited, India |
171972 |
|
International Metal and Steel B.V, Holland |
165228 |
|
Total |
337200 |
As on 30.09.2013
Equity Share Break up (Percentage of Total Equity)
|
Category |
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 |
49.00 |
|
Bodies corporate |
19.00 |
|
Other top fifty shareholders |
32.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Importer and Trader of Ferrous and Non Ferrous Metal Scrap. |
GENERAL INFORMATION
|
No. of Employees : |
Not Divulged |
|||||||||||||||
|
|
|
|||||||||||||||
|
Bankers : |
· Centurion Bank Limited, Connaught Place, New Delhi, India HDFC Bank Limited, HDFC Bank Housesenapati Bapat Marg,
Lower Parel (West), Mumbai – 400013, Maharashtra, India ·
ICICI Bank Limited Axis Bank Limited Kotak Mahindra Bank Limited Punjab National Bank State Bank of Travancore State Bank of Mysore Dena Bank State Bank of India Oriental Bank of Commerce Barclays Bank PLC |
|||||||||||||||
|
|
|
|||||||||||||||
|
Facilities : |
|
|
Banking
Relations : |
-- |
|
|
|
|
Financial Institutions : |
· Tata Capital Limited Reliance Capital Limited |
|
|
|
|
Auditors : |
|
|
Name : |
Avdhesh Bansal
and Company Chartered Accountants |
|
Address : |
26/11, Shakti
Nagar, New Delhi - 110007, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AATFA0880F |
|
|
|
|
Subsidiary
Companies: |
· Alstrong Acp Manufacturing India Private Limited CIN No.: U27203DL2007PTC169060 Alubond Acp Manufacturing India Private Limited CIN No.: U27203DL2007PTC169010 Arctos Trading Pty Limited Avon General Trading Dharitrimaa Urja Private Limited CIN No.: U10100DL2011PTC213669 Everest Metal FZE Grande Castello Private Limited CIN No.: U55101DL2011PTC225501 IMR Holding Pte Limited Kandla Infradevelopers Private Limited CIN No.: U63000DL2011PTC216566 Loni Builders Private Limited CIN No.: U45400DL2007PTC163479 Magnifico Minerals Private Limited CIN No.: U51909DL2011PTC228884 Maritmus Trading (Pty.) Limited Metallum Inc Seagull Maritime Agencies Private Limited CIN No.: U63000DL1998PTC225187 Seagull Global Logistics LLC Seagull Global Logistics USA-LLC Seagull Maritime Agencies Singapore Pte Limited Solitaire Infradevelopers Private Limited CIN No.: U45400DL2008PTC176606 Vastustar Trading Private Limited CIN No.: U51909DL2004PTC126459 Vasudhama Resources Pte Limited Vasudhamaa Urja Private Limited CIN No.: U10100DL2011PTC213722 Vedansh Builders Private Limited CIN No.: U51101DL2007PTC163227 Vedansh Developers Private Limited CIN No.: U70109DL2006PTC150976 Vedansh Infrastructure Private Limited CIN No.: U45200DL2007PTC158838 Vedansh Real Estate Private Limited CIN No.: U70109DL2006PTC151469 Worlds Window Agro Private Limited CIN No.: U01403DL2008PTC177388 Worlds Window Cabs India Private Limited CIN No.: U63090DL2011PTC224942 Worlds Window Developers Private Limited CIN No.: U70109DL2006PTC151350 Worlds Window Ecotrade Private Limited CIN No.: U51909DL2012PTC239450 Worlds Window Estate Private Limited CIN No.: U70101DL2006PTC145081 Worlds Window Exim Private Limited CIN No.: U51909DL2006PTC145082 Worlds Window Farming Private Limited CIN No.: U01111DL2008PTC177446 Worlds Window Greenfield Private Limited CIN No.: U01403DL2008PTC177448 Worlds Window Holding Private Limited CIN No.: U65993DL2008PTC176131 Worlds Window Infrastructure and Logistics Private Limited CIN No.: U74996DL2006PTC149207 Worlds Window Trading Private Limited CIN No.: U51909DL2008PTC176155 Worlds Window Urja Private Limited CIN No.: U45400DL2008PTC179698 Worlds Window Wardha Infrastructure Private Limited CIN No.: U51101DL2007PTC163357 WW Ventures Limited WWG Foundation CIN No.: U80302DL2012NPL229639 |
|
|
|
|
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives : |
· Maple Logistics Private Limited CIN No.: U63090DL2004PTC123819 M. V. Enterprises IMR General Trading FZE Alstrong International Wone Management Systems Private Limited CIN No.: U74140DL2008PTC181301 EcoFog Equipment Private Limited CIN No.: U51909DL2013PTC249955 Alstrong Enterprises India Private Limited CIN No.: U28910DL2011PTC225135 Draveen Trading Private Limited CIN No.: U51420DL2011PTC229038 |
|
|
|
|
Other Related Party : |
Manglam Apartments Limited CIN No.: U45202DL1985PLC020056 |
CAPITAL STRUCTURE
After 30.09.2013
Authorised Capital : Rs. 80.000 Millions
Issued, Subscribed & Paid-up Capital : Rs.
73.662 Millions
As on 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7000000 |
Equity Shares |
Rs. 10/- each |
Rs.70.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
6317043 |
Equity Shares |
Rs. 10/- each |
Rs.63.170
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders'
Funds |
|
|
|
|
(a) Share Capital |
63.170 |
47.385 |
47.385 |
|
(b) Reserves & Surplus |
2749.246 |
1596.039 |
1455.614 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2)
Share Application money pending allotment |
0.000 |
254.400 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
2812.416 |
1897.824 |
1502.999 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
143.688 |
210.835 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term liabilities |
0.000 |
0.000 |
117.801 |
|
(d) long-term provisions |
1.442 |
1.509 |
0.000 |
|
Total Non-current Liabilities (3) |
145.130 |
212.344 |
117.801 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
964.113 |
749.213 |
0.000 |
|
(b) Trade payables |
6273.018 |
1911.453 |
1771.433 |
|
(c) Other current
liabilities |
316.813 |
140.481 |
766.550 |
|
(d) Short-term provisions |
159.091 |
57.549 |
0.000 |
|
Total Current Liabilities (4) |
7713.035 |
2858.696 |
2537.983 |
|
|
|
|
|
|
TOTAL |
10670.581 |
4968.864 |
4158.783 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
72.333 |
67.531 |
62.108 |
|
(ii) Intangible Assets |
9.424 |
10.790 |
3.585 |
|
(iii) Capital
work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
266.856 |
235.568 |
231.078 |
|
(c) Deferred tax assets (net) |
0.277 |
3.235 |
5.441 |
|
(d) Long-term Loan and Advances |
1.512 |
16.960 |
451.343 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
350.402 |
334.084 |
753.555 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
178.797 |
278.529 |
96.443 |
|
(c) Trade receivables |
9225.866 |
3270.776 |
2794.814 |
|
(d) Cash and cash
equivalents |
721.765 |
378.039 |
337.202 |
|
(e) Short-term loans and
advances |
193.751 |
707.436 |
176.769 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total Current Assets |
10320.179 |
4634.780 |
3405.228 |
|
|
|
|
|
|
TOTAL |
10670.581 |
4968.864 |
4158.783 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
|
|
|
9279.524 |
|
|
|
Other Income |
|
|
NA |
|
|
|
TOTAL |
22547.184 |
11268.146 |
NA |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL |
21991.631 |
11043.402 |
NA |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
555.553 |
224.744 |
175.038 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
183.447 |
84.320 |
65.295 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
372.106 |
140.424 |
109.743 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
502.450 |
362.025 |
252.281 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
874.556 |
502.450 |
362.025 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
0.000 |
0.083 |
0.048 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
58.91 |
29.63 |
-- |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
1.65 |
1.25 |
NA |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA |
NA |
1.89 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
5.34 |
4.75 |
4.46 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.20 |
0.12 |
0.12 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.39 |
0.51 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.34 |
1.62 |
1.34 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
47.385 |
47.385 |
63.170 |
|
Reserves & Surplus |
1455.614 |
1596.039 |
2749.246 |
|
Net
worth |
1502.999 |
1643.424 |
2812.416 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
210.835 |
143.688 |
|
Short term borrowings |
0.000 |
749.213 |
964.113 |
|
Total
borrowings |
0.000 |
960.048 |
1107.801 |
|
Debt/Equity
ratio |
0.000 |
0.584 |
0.394 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
|
31.03.2012 |
31.03.2013 |
|
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
|
11268.146 |
22547.184 |
|
|
|
|
100.097 |
NET PROFIT MARGIN
|
Net
Profit Margin |
|
31.03.2012 |
31.03.2013 |
|
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
|
11268.146 |
22547.184 |
|
Profit |
|
140.424 |
372.106 |
|
|
|
1.25% |
1.65% |
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 |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
Yes |
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10471065 |
22/11/2013 |
3,382,500,000.00 |
STATE BANK OF INDIA |
COMMERCIAL BRANCH, M-47, CONNAUGHT CIRCUS, OPPOSITE SUPER BAZAR, NEW DELHI, DELHI - 110001, INDIA |
B93840908 |
|
2 |
10413858 |
28/02/2013 |
2,600,000.00 |
PUNJAB NATIONAL BANK |
ICD, LONI, GHAZIABAD, UTTAR PRADESH - 201102, INDIA |
B71457287 |
|
3 |
10031380 |
05/04/2013 * |
8,020,000,000.00 |
STATE BANK OF INDIA (LEAD BANK) |
COMMERCIAL BRANCH, M-47, CONNAUGHT CIRCUS, OPP SUPER BAZAR, NEW DELHI, DELHI - 110001, INDIA |
B75027706 |
|
4 |
10037253 |
05/04/2013 * |
8,020,000,000.00 |
STATE BANK OF INDIA (LEAD BANK) |
COMMERCIAL BRANCH, M-47, CONNAUGHT CIRCUS, OPP SUPER BAZAR, NEW DELHI, DELHI - 110001, INDIA |
B75238402 |
* Date of charge modification
UNSECURED LOANS
|
PARTICULARS |
31.03.2013 (Rs.
In Millions) |
31.03.2012 (Rs.
In Millions) |
|
LONG-TERM BORROWINGS |
|
|
|
Loans repayable on demand from others |
134.291 |
203.133 |
|
|
|
|
|
SHORT-TERM BORROWINGS |
|
|
|
Loans repayable on demand from banks |
964.113 |
749.213 |
|
Total |
1098.404 |
952.346 |
FIXED ASSETS
Tangible Assets
· Land
Buildings
Furniture
and Fixtures
Vehicles
Office
Equipment
Computer
equipments
Other
Equipments
Leasehold
Improvements
Intangible Assets
· Computer Software
Copyrights
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.60.47 |
|
|
1 |
Rs.100.15 |
|
Euro |
1 |
Rs.79.65 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
SUM |
|
|
|
|
Report Prepared
by : |
MRI |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
7 |
|
--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 |
|
51 |
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.