MIRA INFORM REPORT

Report Date :

11.07.2014

IDENTIFICATION DETAILS

Name :	ADVANCED TELEMEDIA PRIVATE LIMITED
Registered Office :	R-21, Hauz Khas, New Delhi – 110016
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	17.10.2002
Com. Reg. No.:	55-117370
Capital Investment / Paid-up Capital :	Rs.0.100 Million
CIN No.: [Company Identification No.]	U51909DL2002PTC117370
Tin No.:	07430258498
Legal Form :	Private Limited Liability Company
Line of Business :	Trader and Importer of Audio, Video Equipments.
No. of Employees :	15 [Approximately]

RATING & COMMENTS

MIRA’s Rating :

B (28)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having a moderate track record. Profitability of the company seems to be low during 2013. However, trade relations are reported as fair. Business is active. Payment terms are 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 – March 31, 2014

Country Name	Previous Rating (31.12.2013)	Current Rating (31.03.2014)
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

The economy grew 4.7 %in 2013/14, marking a second straight year of sub-5 % growth – the worst slowdown in more than a quarter of a century. The data was below an official estimate of 4.9 % annual growth and compared with 4.5 % in the last fiscal year. However, the current account deficit narrowed sharply to $ 32.4 billion at 1.7 % of gross domestic product, in 2013/14 from a record high of $ 98.8 billion or 4.7 %, the year before.A sharp fall in gold imports due to restrictions on overseas purchases and muted import of capital goods helped shrink the current account deficit.

Online retailer Flipkart has acquired fashion portal Myntra as it prepares to battle with the rapidly expanding India arm of the global e-commerce giant Amazon. The company raised $ 210 million from Russian Investment firm DST Global which has also invested in companies like Facebook, Twitter and Alibaba Group.

General Motors will start exporting vehicles from its Talegaon plant near Pune in the second half of 2014. GM was one of the few global carmakers that was using its India plant only for the domestic market.

Google has overtaken Apple as the world’s top brand in terms of value, according to global market research agency Millward Brown. Google’s brand value shot up 40 % in a year to $ 158.84 billion. The top 10 of the 100 slots were dominated by US companies.

Infosys lost another heavy weight when B G Srinivas, a board member put in his papers. He is the third CEO-hopeful to quit after Chairman N R Narayana Murthy’s return to the company – Ashok Vemuri and V Balakrishnan being the other two.While Vemuri went on to lead IGate, Balakrishnan joined politics.

Naresh Goyal – promoted Jet Airways posted biggest quarterly loss – Rs 2153.37 crore – in the three months ended March 31, mainly because it has been offering discounts to passengers to fill planes.

William S Pinckney – Chairman and CEO of Amway India was arrested by the Andhra Pradesh Police in connection with a complaint against the direct selling firm. This is the second time that he has been taken into custody. A year, ago the Kerala Police had arrested Pinckney and two company directors on charges of financial irregularities.

China has told its state-owned enterprises to sever links with American consulting firms after the United States charged five Chinese military officers wih hacking US companies. China’s action which targets consultancies like McKinsey & Co. and the Boston Consulting Group, sterns from fears that the first are providing trade secrets to the US governments.

India has emerged as a country with some of the highest unregistered businesses in the world. Indonesia has the maximum number of shadow businesses, says a study of 68 countries by Imperial College Business School in London.

Pfizer has abandoned its attempt to buy AstraZeneca for nearly $ 118 billion after the latter refused an offer of 55 pounds a share.

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.

INFORMATION PARTED BY

Name :	Mr. Mohamed Kazim
Designation :	Accounts Manager
Contact No.:	91-11-41675452
Date :	09.07.2014

LOCATIONS

Registered Office :	R-21, Hauz Khas, New Delhi – 110016, India
Tel. No.:	91-11-41675452/ 53/ 54
Mobile No.:	91-9911452183 [Mr. Mohamed Kazim]
Fax No.:	91-11-41675451
E-Mail :	kazim@atmpl.com info@atmpl.com sales@atmpl.com
Website :	http://www.atmpl.com
Warehouse :	K-128/A, Kalkaji, New Delhi – 110019, India

DIRECTORS

AS ON 30.09.2013

Name :

Mr. Anmol Kumar Gupta

Designation :

Director

Address :

R-21, Hauz Khas, New Delhi – 110016, India

Date of Birth/Age :

21.12.1983

Date of Appointment :

23.06.2003

Din No.:

02390933

Name :

Ms. Jyoti Gupta

Designation :

Director

Address :

R-21, Hauz Khas, New Delhi – 110016, India

Date of Birth/Age :

01.03.1960

Date of Appointment :

10.08.2011

Din No.:

00828040

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U63040DL1998PTC095459	ANMOL TRAVEL SERVICES PRIVATE LIMITED	Director	10-08-1998	10-08-1998	Strike off	NO
2	U51909DL2002PTC117370	ADVANCED TELEMEDIA PRIVATE LIMITED	Director	10-08-2011	10-08-2011	Active	NO

Name :

Mr. Neeraj Kumar Gupta

Designation :

Director

Address :

R-21, Hauz Khas, New Delhi – 110016, India

Date of Birth/Age :

12.11.1955

Date of Appointment :

17.10.2002

Din No.:

02249888

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U63040DL1998PTC095459	ANMOL TRAVEL SERVICES PRIVATE LIMITED	Director	10-08-1998	10-08-1998	Strike off	NO
2	U51909DL2002PTC117370	ADVANCED TELEMEDIA PRIVATE LIMITED	Director	17-10-2002	17-10-2002	Active	NO
3	U74900DL2012PTC229925	ERAMPAGE MARKETING PRIVATE LIMITED	Director	13-01-2012	13-01-2012	Active	NO

Name :

Mr. Ram Prakash Gupta

Designation :

Director

Address :

R-21, Hauz Khas, New Delhi – 110016, India

Date of Birth/Age :

27.10.1924

Date of Appointment :

23.06.2003

Din No.:

02390981

KEY EXECUTIVES

Name :	Mr. Mohamed Kazim
Designation :	Accounts Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2013

Names of Shareholders	No. of Shares	% of Holding
Neeraj Kumar Gupta	4990	49.90
Jyoti Gupta	1010	10.10
Aman Gupta	2000	20.00
Anmol Kumar Gupta	2000	20.00
TOTAL	10000	100.00

AS ON 30.09.2013

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	100.00

BUSINESS DETAILS

Line of Business :	Trader and Importer of Audio, Video Equipments.
Imports :
Products :	Equipments
Countries :	· Singapore · China
Terms :
Selling :	Cash and Credit [30 Days]
Purchasing :	Cash and Credit [30 Days]

GENERAL INFORMATION

Customers :

· Times Now

· NDTV

· ISB

· BOSCH

· Tata

· Infosys

· Reliance Communication

· ICIL

· Iskcon

No. of Employees :

15 [Approximately]

Bankers :

· Citi Bank

· Bank of Maharashtra, Alaknanda, Kalkaji, New Delhi, India

Facilities :

Secured Loan	As on 31.03.2013 [Rs. in Millions]	As on 31.03.2012 [Rs. in Millions]
From Banks	0.963	2.435
TOTAL	0.963	2.435

Banking Relations :	--
Auditors :
Name :	Prem P Lamba and Company Chartered Accountants
Address :	F-9, Anupam Plaza, Kalu Sarai, New Delhi – 110016, India
Tel No.:	91-11-26856880
PAN No:	AAIFP3340A

CAPITAL STRUCTURE

AS ON 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
20000	Equity Shares	Rs.10/- each	Rs.0.200 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs.0.100 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2013	31.03.2012	31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		0.100	0.100	0.100
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		16.960	16.398	13.860
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		17.060	16.498	13.960
LOAN FUNDS
1] Secured Loans		0.963	2.435	1.366
2] Unsecured Loans		0.598	1.537	1.059
TOTAL BORROWING		1.561	3.972	2.425
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		18.621	20.470	16.385
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		5.084	6.105	2.902
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERRED TAX ASSETS		0.227	0.102	0.028
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	8.169	7.221	7.576
	Sundry Debtors	6.723	7.772	9.011
	Cash & Bank Balances	1.935	5.122	0.197
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	1.171	2.354	3.937
Total Current Assets		17.998	22.469	20.721
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	4.515	7.423	0.000
	Other Current Liabilities	0.027	0.000	5.979
	Provisions	0.146	0.783	1.287
Total Current Liabilities		4.688	8.206	7.266
Net Current Assets		13.310	14.263	13.455
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		18.621	20.470	16.385

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Turnover	49.071	62.441	72.974
		Other Income	NA	NA	NA
		TOTAL	NA	NA	NA
Less	EXPENSES
		TOTAL	46.301	58.716	67.787
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		1.955	4.820	5.911
Less/ Add	DEPRECIATION/ AMORTISATION		1.142	1.095	0.724
	PROFIT / (LOSS) BEFORE TAX		0.813	3.725	5.187
Less	TAX		0.379	1.226	1.794
	PROFIT / (LOSS) AFTER TAX		0.434	2.499	3.393
	Earnings / (Loss) Per Share (Rs.)		43.40	249.90	--

Particulars	31.03.2014
Sales Turnover [Approximately]	60.000

Expected Sales (2014-15) : More than Rs.70.000 Millions.

The above information has been parted by Mr. Mohamed Kazim.

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Return on Total Assets (PBT/Total Assets}	(%)	3.52	13.04	21.95
Return on Investment (ROI) (PBT/Networth)		0.05	0.23	0.37
Debt Equity Ratio (Total Debt/Networth)		0.09	0.24	0.17
Current Ratio (Current Asset/Current Liability)		3.84	2.74	2.85

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	0.100	0.100	0.100
Reserves & Surplus	13.860	16.398	16.960
Net worth	13.960	16.498	17.060
Secured Loans	1.366	2.435	0.963
Unsecured Loans	1.059	1.537	0.598
Total borrowings	2.425	3.972	1.561
Debt/Equity ratio	0.174	0.241	0.092

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Turnover	72.974	62.441	49.071
		(14.434)	(21.412)

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	72.974	62.441	49.071
Profit	3.393	2.499	0.434
	4.65%	4.00%	0.88%

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)	Yes
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]	PAN of Proprietor/Partner/Director, if available	No
32]	Date of Birth of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

INDEX OF CHARGES:

S. NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	90058909	10/12/2008 *	12,500,000.00	THE BANK OF MAHARASHTRA	G-1,RAJ TOWERS, ALAKNANDA SHOPPING COMPLEX,KALKAJI, NEW DELHI - 110019, INDIA	A53920088

* Date of charge modification

Unsecured Loan	As on 31.03.2013 [Rs. in Millions]	As on 31.03.2012 [Rs. in Millions]
From Directors	0.598	1.537
TOTAL	0.598	1.537

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

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.59.87
UK Pound	1	Rs.102.59
Euro	1	Rs.81.69

INFORMATION DETAILS

Information Gathered by :	JML
Analysis Done by :	RAS
Report Prepared by :	TPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--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		28

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	--

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.