MIRA
INFORM REPORT
|
Report Date : |
06.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
K P TRANSPORTS PRIVATE LIMITED |
|
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Registered
Office : |
K. P. House, Plot No. BG /SEI /1 /1 /A, MIDC, Pimpri
Industrial Area, Pune – 411026, |
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Country : |
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Financials (as
on) : |
31.03.2014 |
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Date of
Incorporation : |
07.05.1999 |
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Com. Reg. No.: |
11-013594 |
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Capital
Investment / Paid-up Capital : |
Rs.1.000 Million |
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CIN No.: [Company Identification
No.] |
U60231PN1999PTC013594 |
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IEC No.: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
Not Available |
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Legal Form : |
Private Limited Liability Company. |
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Line of Business
: |
Service Provider of transport agents and bulk carriers, logistics
services and transportation. |
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No. of Employees
: |
700 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (33) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 300000 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having moderate track. Management has reported slow debtor realizations which may harm the
operating cycle. Moreover, the company undertakes modest scale of operations, backed by
increase in its revenue as well as reporting a sufficient net profitability
during FY14. Trade relations seems to be fair. Business is active. Payment terms
are reported as slow but correct. In view of experienced promoters and their established clientele
across industries, 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 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 |
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Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
N E W S
Verdict Implications
: Apex court order may alter coal import dynamics. Traders go slow on talks
over coal supply contracts, uncertainty over cancellation of blocks weigh on
stocks.
Recent arrest of the
Chennai head of the Registrar of Companies, the ministry of corporate affairs
arm that ensures that companies file all the information required by the
Companies Act is the latest manifestation of a messy fight between a father and
his adopted son for the control of Rs 40000 mn business empire. The Central Bureau of Investigation
arrested Manumeethi Cholan
after he accepted Rs 10 lakhs
as bribe from M A M Ramaswamy, a CBI official said.
Central Bureau of
Investigation books Electrotherm for cheating Central
Bank of Rs 4360 mn.
Infosys maintains revenue guidance. COO Rao says attrition still an area of concern and it would
take a few more quarters to bring down levels to 13-15 %.
DHL to invest
Euro 100 mn in India over next 2 years. The firm has
chosen India to pilot its e-commerce business model for the Asia-Pacific
region.
Blackstone may buy
stake in BlueRidge SEZ in line with the fund’s real
estate strategy in India.
Kingfisher Airlines
Ltd grounded in October 2012 under the weight of heavy debt and accumulated
losses, recently approached the Delhi high court for relief in two separate
cases. The airline challenged a notice by Punjab & National Bank alleging
that It had wilfully defaulted on Rs
7700 mn of loans and sought more time to comply with
the requirements under the listing agreements with the Stock Exchanges.
OnMobile likely to sack another 300 employees. The
lay-offs follow a spate of senior-level exits over the past two years, starting
with of its founder. The overall lay-offs could number around 600 and are
driven by the need to cut costs, says a former employee.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
Long term rating = BB |
|
Rating Explanation |
Moderate risk of default regarding timely servicing of financial
obligations |
|
Date |
February 03, 2014 |
|
Rating Agency Name |
CRISIL |
|
Rating |
Short term rating =A4+ |
|
Rating Explanation |
Minimal degree of safety regarding timely servicing of financial
obligations and carry very high risk |
|
Date |
February 03, 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 PARTED BY
|
Name : |
Mr. Arun Katti |
|
Designation : |
Key Accounts Manager |
|
Contact No.: |
91-8805980829 |
|
Date : |
03.12.2014 |
LOCATIONS
|
Registered Office : |
K. P. House, Plot No. BG /SEI /1 /1 /A, MIDC, Pimpri
Industrial Area, Pune – 411026, Maharashtra,
India |
|
Tel. No.: |
91-20-27119536 |
|
Mobile No.: |
91-8805980829 (Mr. Arun) |
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Fax No.: |
91-20-27119537 |
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E-Mail : |
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Website : |
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Correspondence address : |
Gala No.52, Morya Industries House, K. P.
House, Near PMPML Depot, Nehrunagar, Pimpri MIDC, Bhosari, Pune, Maharashtra, India |
|
Tel. No.: |
91-8805980866 (Mr.Gajanan Kuvar) |
DIRECTORS
As on 30.09.2014
|
Name : |
Mr. Suhas S Khadilkar |
|
Designation : |
Director |
|
Address : |
A-1 /7, Shantiban, Chinchwadgaon,
Pune – 411033, Maharashtra,
India |
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Date of Birth/Age : |
12.05.1970 |
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Date of Appointment : |
07.05.1999 |
|
DIN No.: |
00286998 |
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|
Name : |
Mr. Upendra M Pathak |
|
Designation : |
Director |
|
Address : |
Block 5, Sundaram Co-op. Soc. Hsg. Soc., Sector 28, PCNTDA, Pune
– 411044, Maharashtra, India |
|
Date of Birth/Age : |
05.01.1970 |
|
Date of Appointment : |
07.05.1999 |
|
DIN No.: |
00286929 |
KEY EXECUTIVES
|
Name : |
Mr. Arun Katti |
|
Designation : |
Key Accounts Manager |
MAJOR SHAREHOLDERS
As on 30.09.2014
|
Names of Shareholders |
No. of Shares |
Percentage of
Holding |
|
Suhas S Khadilkar |
5000 |
50.00 |
|
Upendra M Pathak |
5000 |
50.00 |
|
Total |
10000 |
100.00 |
As on 30.09.2014
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage of Holding |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Service Provider of transport agents and bulk carriers, logistics
services and transportation. |
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Products : |
Not Available |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
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Selling : |
Cash, Advance payment and Cheque |
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Purchasing : |
Cash, Advance payment and Cheque |
PRODUCTION STATUS = NOT
AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
Not Divulged |
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Customers : |
· Dabur India Limited · Cavin Kare Private Limited · Jyothy Laboratories Limited · Allied Foods stuff & Beverages Private Limited · United Biscutes India Private Limited · Pidilite Industries Limited · Lanxess India Private Limited · Madhura Coats Private Limited · NITCO Limited · Berger Paints India Limited · Kellogg India Private Limited · Colgate Palmolive (India) Limited · Nestle India Limited · Jhonson and Jhonson Limited · Glaxco Smithline Limited · Bunge India Private Limited · Heinze India Private Limited · TTK Prestige Limited · Marico Limited · J.K Helen Curtis Limited · Red Bull India Private Limited · Amar Associates · BASF India Limited · Thermax Limited (Chemical Division) · Elantas Beck India Limited · Dow Corning India Private Limited · United Phospharous Limited · Anchor Electricals Private Limited · Rallis India Limited · Glenmark Pharmaceuticals Limited · Fresenius Kabi India Private Limited · BOSCH India Limited · Endress Hauser (India) Private Limited ·
Schindler India Private Limited |
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No. of Employees : |
700 (Approximately) |
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Bankers : |
·
Shree Sadguru Jangale Maharaj Sahakari Bank Limited, Chichwad
Branch, Pune, Maharashtra,
India ·
The Thane Janata Sahakari Bank Limited, Masulkar
Colony Branch, Pune, Maharashtra,
India |
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Facilities : |
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Auditors : |
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Name : |
S M G and Company Chartered Accountants |
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Address : |
A-3, Ashirwad Apartment, Behind Garuda Hotel, Karve Road, Pune – 411004, Maharashtra,
India |
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PAN No.: |
ABHFS6370F |
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Memberships : |
--- |
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Collaborators : |
--- |
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
As on 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.100/-each |
Rs.1.000 Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.100/-each |
Rs.1.000 Million |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
1.000 |
1.000 |
1.000 |
|
(b) Reserves &
Surplus |
116.550 |
91.467 |
66.781 |
|
(c) Money received
against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total Shareholders’ Funds
(1) + (2) |
117.550 |
92.467 |
67.781 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
22.240 |
16.654 |
10.569 |
|
(b) Deferred tax
liabilities (Net) |
1.757 |
1.531 |
1.145 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
23.997 |
18.185 |
11.714 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
103.728 |
42.045 |
30.520 |
|
(b) Trade payables |
17.089 |
18.824 |
6.883 |
|
(c) Other current
liabilities |
7.829 |
8.191 |
12.099 |
|
(d) Short-term provisions |
11.731 |
12.065 |
8.411 |
|
Total Current Liabilities
(4) |
140.377 |
81.125 |
57.913 |
|
|
|
|
|
|
TOTAL |
281.924 |
191.777 |
137.408 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i)
Tangible assets |
40.099 |
34.458 |
29.135 |
|
(ii) Intangible Assets |
0.227 |
0.209 |
0.210 |
|
(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 |
0.371 |
0.371 |
0.371 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
40.697 |
35.038 |
29.716 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade receivables |
200.874 |
121.437 |
75.792 |
|
(d) Cash and cash
equivalents |
12.953 |
12.381 |
14.017 |
|
(e) Short-term loans and
advances |
1.996 |
1.546 |
1.316 |
|
(f) Other current assets |
25.404 |
21.375 |
16.567 |
|
Total Current Assets |
241.227 |
156.739 |
107.692 |
|
|
|
|
|
|
TOTAL |
281.924 |
191.777 |
137.408 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
784.893 |
495.461 |
370.511 |
|
|
Other Income |
NA |
NA |
NA |
|
|
TOTAL |
NA |
NA |
NA |
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|
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|
|
|
|
EXPENSES |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX,
DEPRECIATION AND AMORTISATION |
45.648 |
42.317 |
30.751 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
8.609 |
5.180 |
4.982 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
37.039 |
37.137 |
25.769 |
|
|
|
|
|
|
|
Less |
TAX |
11.957 |
12.452 |
8.581 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
25.082 |
24.685 |
17.188 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (Rs.) |
2508.20 |
2468.50 |
1718.80 |
Expected Sales (2014-2015): Rs.1250.000 Million
The above information has been parted by Mr. Arun
Katti (Key Accounts Manager).
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
|
Net Profit Margin PAT / Sales |
(%) |
3.19
|
4.98 |
4.63 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
13.16 |
19.40 |
18.80 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.32 |
0.40 |
0.38 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.07 |
0.63 |
0.61 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.72 |
1.93 |
1.86 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
1.000 |
1.000 |
1.000 |
|
Reserves & Surplus |
66.781 |
91.467 |
116.550 |
|
Net worth |
67.781 |
92.467 |
117.550 |
|
|
|
|
|
|
long-term borrowings |
10.569 |
16.654 |
22.240 |
|
Short term borrowings |
30.520 |
42.045 |
103.728 |
|
Total borrowings |
41.089 |
58.699 |
125.968 |
|
Debt/Equity ratio |
0.606 |
0.635 |
1.072 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
370.511 |
495.461 |
784.893 |
|
|
|
33.724 |
58.417 |
NET PROFIT MARGIN
|
Year on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
370.511 |
495.461 |
784.893 |
|
Profit |
17.188 |
24.685 |
25.082 |
|
|
4.64% |
4.98% |
3.20% |
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 |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
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 |
Yes |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
Yes |
|
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 LOANS
|
PARTICULAR |
31.03.2014 (Rs. in Millions) |
31.03.2013 (Rs. in Millions) |
|
LONG TERM
BORROWINGS |
|
|
|
Long Term Loans
From Directors |
|
|
|
Mr. Suhas S. Khadilkar |
8.100 |
5.950 |
|
Mr. Upendra M. Pathak |
3.500 |
3.300 |
|
Total |
11.600 |
9.250 |
INDEX OF CHARGES
|
S. No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN) |
|
1 |
10513782 |
04/07/2014 |
1,531,571.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15601321 |
|
2 |
10513796 |
04/07/2014 |
1,531,571.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15607567 |
|
3 |
10513801 |
04/07/2014 |
1,531,571.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15609514 |
|
4 |
10513808 |
04/07/2014 |
1,531,571.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15610983 |
|
5 |
10513595 |
28/06/2014 |
1,450,351.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15505407 |
|
6 |
10513767 |
28/06/2014 |
1,450,351.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15594211 |
|
7 |
10513772 |
28/06/2014 |
1,450,351.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15595994 |
|
8 |
10513773 |
28/06/2014 |
1,450,351.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15597784 |
|
9 |
10513778 |
28/06/2014 |
1,450,351.00 |
SUNDARAM FINANCE LIMITED |
21 PATULLOS ROAD, CHENNAI, Tamil Nadu - 600002, INDIA |
C15600182 |
|
10 |
10333959 |
07/03/2014 * |
115,000,000.00 |
Bank Of Maharashtra |
Pimpri
Branch,, Pimpri Branch,, PUNE, Maharashtra |
C04116653 |
FIXED ASSETS
·
Land and Building
·
Furniture and Fixture
·
Office Equipment
·
Plant and Machinery
·
Computer
·
Vehicle and Truck
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.61.85 |
|
|
1 |
Rs.96.73 |
|
Euro |
1 |
Rs.76.53 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
PNM |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILITY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
4 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
33 |
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.