Summary Information
|
|
|
Country |
India |
|
Company Name |
NCML INDUSTRIES LIMITED |
Principal Name 1 |
Mr. Rajnish Jain |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Manish Jain |
|
|
|
Registration # |
55-082284 |
|
Street Address |
1818, Naya Bazar, Delhi-110 006, New Delhi |
||
|
Established Date |
26.09.1996 |
SIC Code |
-- |
|
Telephone# |
91-11-49300200 |
Business Style 1 |
Trader
|
|
Fax # |
91-11-23210644 |
Business Style 2 |
Manufacturer |
|
Homepage |
-- |
Product Name 1 |
Edible
oils |
|
# of employees |
Not Divulged |
Product Name 2 |
-- |
|
Paid up capital |
Rs.235,485,000/- |
Product Name 3 |
--- |
|
Shareholders |
Bodies corporate-82.24%, Directors or relatives of directors-14.40%, Other top fifty shareholders-3.36% |
Banking |
Yes Bank Limited |
|
Public Limited Corp. |
No |
Business Period |
18 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
Ba (46) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Companies in
which directors are interested : |
|
N M Agro Private Limited |
|
|
Note : |
-- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
10,285,611,000 |
Current Liabilities |
7,086,466,000 |
|
Inventories |
826,442,000 |
Long-term Liabilities |
1,977,030,000 |
|
Fixed Assets |
811,051,000 |
Other Liabilities |
298,272,000 |
|
Deferred Assets |
000 |
Total Liabilities |
9,361,768,000 |
|
Invest& other Assets |
24,393,000 |
Retained Earnings |
2,350,244,000 |
|
|
|
Net Worth |
2,585,729,000 |
|
Total Assets |
11,947,497,000 |
Total Liab. & Equity |
11,947,497,000 |
|
Total Assets (Previous Year) |
11,887,720,000 |
|
|
|
P/L Statement as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Sales |
19,693,806,000 |
Net Profit |
450,723,000 |
|
Sales(Previous yr) |
16,560,310,000 |
Net Profit(Prev.yr) |
330,591,000 |
MIRA INFORM REPORT
|
Report Date : |
05.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
NCML INDUSTRIES LIMITED (w.e.f 16.12.2010) |
|
|
|
|
Formerly Known
As : |
NCML INDUSTRIES PRIVATE LIMITED (w.e.f 28.10.2010) NCML EXIM PRIVATE LIMITED (w.e.f 19.04.2007) NEWAL CHAND MOHAN LAL JAIN PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
1818, Naya Bazar, Delhi-110 006, New Delhi |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
26.09.1996 |
|
|
|
|
Com. Reg. No.: |
55-082284 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.235.485 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U65923DL1996PLC082284 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACN4248A |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged in the business of
trading and manufacturing of edible oils.
|
|
|
|
|
No. of Employees
: |
Information declined by the management. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 10400000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track record. General financial position of the company is good. Trade relations are reported as fair. Business is active. Payment terms
are reported to be usually correct and as per commitment. The company can be considered normal for business dealings 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 – 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
US investment bank
Goldman Sachs has upgraded its outlook on Indian markets as it expects
positive impact of the election cycle.
India’s economy may
grow 4.7 % in the current financial year, lower than the official estimate of
4.9 %, Fitch Rating said. The global rating agency expects the economy to pick
up in the next two financial years.
Global ratings
agency Standard & Poor said increasing focus by India Inc on lowering debt
is likely to improve their credit profiles.
Singapore (1.1
million Indian tourists in 2012), Thailand (one million), the United Arab
Emirates ().98 million) and Malaysia ().82 million) emerged as the preferred
holidays hotspots for Indians. The total figure is expected to increase to 1.93
million by 2017, according to the latest Eurmonitor international report.
There is a $29.34 bn
outward foreign direct investment by domestic companies between April and
January of 2013/14 which has seen some signs of recovery according to a Care
Ratings report.
There are 264 number
of new companies being set up every day on average during 2014. Most of them
are registered in Mumbai. India had 1.38 million registered companies at the
end of January, 2014.
Twitter like
messaging service Weibo Corporation has filed to raise $ 500 million via a US
initial public offering. Alibaba, which owns a stake in Weibo is expected to
raise about $ 15 billion New York this year in the highest profile Internet IPO
since Facebook’s in 2012.
Bharti Airtel has
raised Rs.2,453.2 crore (350 million Swiss Francs) by selling six-year bonds at
a coupon rate of three per cent and maturing in 2020. This is the largest ever
bond offering by an Indian company in Swiss Francs. Bharat Petroleum
Corporation raised 175 million Swiss Francs by selling five year bonds at 2.98
% coupon rate in February.
Indian Oil
Corporation plans to invest Rs 7650 crore in setting up a petrochemical complex
at its almost complete Paradip refinery in Odhisha in three to four years. The
company board is set to consider the setting up of a 700000 tonne per annum
polypropylene plant at an estimated cost at Rs.3150 crore.
Global chief
information officers at gathering in Bangalore in April to meet Indian startups
at an event called Tech50 Watchout for Little Eye Labs-Facebook type deals in
the making.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
|
Rating |
Long Term Bank Facilities = BBB (Suspended) |
|
Rating Explanation |
Moderate Degree of safety. It carry moderate credit risk |
|
Date |
March 14,2014 |
|
|
|
|
Rating Agency Name |
CARE |
|
Rating |
Short Term Bank Facilities = A3 (Suspended) |
|
Rating Explanation |
Moderate Degree of safety. It carry higher credit risk |
|
Date |
March 14,2014 |
Reason for Suspended: - The Company not furnished the information
required.
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
31-03-2013.
INFORMATION DENIED BY
|
Name : |
Mr. S. Single |
|
Designation : |
Accounts Department |
|
Contact No.: |
91-11-49300200 |
|
Mobile no: |
91-07838169970 |
|
Date : |
23.04.2014 |
LOCATIONS
|
Registered Office : |
1818, Naya Bazar, Delhi-110 006, New Delhi |
|
Tel. No.: |
91-11-49300200 |
|
Mobile No.: |
91-07838169970 ( Mr. S.Single) |
|
Fax No.: |
91-11-23210644 |
|
E-Mail : |
|
|
|
|
|
Operating Office : |
108-109-110 Vardhman City Plaza- II, Asaf Ali Road, New Delhi-110002,
Delhi, India |
DIRECTORS
As on: 30.09.2013
|
Name : |
Mr. Rajnish Jain |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
R-4/13, Raj Nagar, Ghaziabad – 201002, Uttar Pradesh, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
12.09.1965 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
02.11.2010 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00256414 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Manish Jain |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
R-4/13, Raj Nagar, Ghaziabad – 201002, Uttar Pradesh, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
05.10.1967 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
01.04.2008 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00256375 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Sanjay Tickoo |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
C-203, Plot – 18, Sector – 5, Dwarka, Delhi – 110075, New Delhi, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
09.02.1976 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
29.09.2012 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
03419068 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Dinesh Kalra |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
Room No. 10, Boys Hostel, IITTM, Govind Puri, Delhi – 110019, New
Delhi, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
18.11.1980 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
29.09.2012 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
03321584 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Rakesh Kumar Bajaj |
|
Designation : |
Secretary |
|
Address : |
House No. 12, IInd Floor, Pocket 11, Rajiv Enclave, Sector – 5,
Rohini, Delhi – 110085, New Delhi
India |
|
Date of Birth/Age : |
30.01.1974 |
|
Date of Appointment : |
01.08.2011 |
|
PAN No: |
AFHPB4738C |
|
Name : |
Mr. S. Single |
|
Designation : |
Accounts Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 30.09.2013
|
Names of Shareholders |
No. of Shares |
|
Mohan Lal Jain |
661020 |
|
Rajnish Jain |
30600 |
|
Suman Jain |
78600 |
|
Kamla Jain |
1188600 |
|
Sangeeta Jain |
600600 |
|
Mohan Lal Jain (HUF) |
59400 |
|
Rajnish Jain (HUF) |
78600 |
|
Manish Jain (HUF) |
44520 |
|
Sobhag Chand Sham Lal Jain |
60 |
|
Maanik Jain |
60 |
|
Shrenik Jain |
60 |
|
Manish Jain |
648000 |
|
Maash Agro Oils |
792000 |
|
N M Agro Private Limited |
6980000 |
|
Mohit Nidhi Agro Oil Private Limited |
4600000 |
|
Sundaram Distributors Private Limited |
2018800 |
|
Jagprem Vyapaar Private Limited |
1981200 |
|
Chandrika Traders Limited |
59200 |
|
Genesis Distributors (Private) Limited |
2840555 |
|
Chamunda Sales (Private) Limited |
886667 |
|
|
|
|
Total |
23548542 |
Equity Share Break up (Percentage of Total Equity)
As
on: 30.09.2013
|
Category |
|
Percentage |
|
Bodies corporate |
|
82.24 |
|
Directors or relatives of directors |
|
14.40 |
|
Other top fifty shareholders |
|
3.36 |
|
|
|
|
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in the business of trading
and manufacturing of edible oils. |
GENERAL INFORMATION
|
No. of Employees : |
Information declined by the management. |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Bankers : |
·
Yes Bank Limited, 9th Floor, Nehru Centre, Discovery
Of India, Dr. Annie Besant Road, Worli,, Mumbai - 400018, Maharashtra, India ·
Allahabad Bank, Industrial Finance Branch, 17,
Parliament, Delhi-110 001, New Delhi |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Facilities : |
|
|||||||||||||||||||||||||||
|
|
|
|
Banking
Relations : |
|
|
|
|
|
Auditors : |
|
|
Name : |
Manoj and Associates Chartered Accountants |
|
Address : |
20, Chawla Complex, A-2015, Shakarpur, New Delhi - 110092, India |
|
PAN No; |
ADXPJ1715D |
|
|
|
|
Companies in
which directors are interested : |
·
N M Agro Private Limited ·
N M Industries Private Limited ·
Onaxe Builders and Prmoters Private Limited |
|
|
|
|
Firms in which directors/relatives
are partners/proprietor : |
·
Newal Chand Mohan Lal and Company ·
Maash Agroils ·
Mona Agencies ·
Alita International ·
Hindustan Technologies ·
Allied Industires |
CAPITAL STRUCTURE
As on : 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
23,550,000 |
Equity Shares |
Rs.10/- each |
Rs.235.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
23,548,542 |
Equity Shares |
Rs.10/- each |
Rs.235.485
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
235.485 |
210.213 |
133.621 |
|
(b) Reserves & Surplus |
2350.244 |
1697.343 |
485.944 |
|
(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) |
2585.729 |
1907.556 |
619.565 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
202.768 |
283.243 |
497.097 |
|
(b) Deferred tax liabilities (Net) |
90.272 |
84.648 |
22.641 |
|
(c) Other long term liabilities |
9.912 |
0.434 |
0.000 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
302.952 |
368.325 |
519.738 |
|
|
|
|
|
|
(4) Current
Liabilities |
|
|
|
|
(a) Short term borrowings |
1774.262 |
5046.522 |
1579.505 |
|
(b) Trade payables |
6883.692 |
4284.903 |
4030.604 |
|
(c) Other current liabilities |
192.862 |
180.785 |
54.324 |
|
(d) Short-term provisions |
208.000 |
99.629 |
68.683 |
|
Total Current
Liabilities (4) |
9058.816 |
9611.839 |
5733.116 |
|
|
|
|
|
|
TOTAL |
11947.497 |
11887.720 |
6872.419 |
|
|
|
|
|
|
ASSETS |
|
|
|
|
(1) Non-current
assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
811.035 |
750.136 |
300.812 |
|
(ii) Intangible Assets |
0.016 |
0.000 |
0.000 |
|
(iii) Capital work-in-progress |
0.000 |
0.000 |
3.023 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
24.393 |
2.680 |
1.680 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
88.953 |
8.175 |
1.313 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
924.397 |
760.991 |
306.828 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
826.442 |
249.377 |
401.882 |
|
(c) Trade receivables |
7174.469 |
3058.920 |
1648.477 |
|
(d) Cash and cash equivalents |
2733.045 |
7182.974 |
3961.664 |
|
(e) Short-term loans and advances |
262.364 |
579.323 |
513.689 |
|
(f) Other current assets |
26.780 |
56.135 |
39.879 |
|
Total Current
Assets |
11023.100 |
11126.729 |
6565.591 |
|
|
|
|
|
|
TOTAL |
11947.497 |
11887.720 |
6872.419 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
19693.806 |
16560.310 |
10232.376 |
|
|
|
Other Income |
272.753 |
364.663 |
233.913 |
|
|
|
TOTAL (A) |
19966.559 |
16924.973 |
10466.289 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of materials consumed |
5906.027 |
112.007 |
0.000 |
|
|
|
Purchases of stock-in-trade |
12260.415 |
15650.938 |
10140.925 |
|
|
|
Changes in inventories of finished goods, work-in-progress and
stock-in-trade |
60.048 |
173.136 |
(307.065) |
|
|
|
Employee benefit expense |
52.195 |
21.277 |
10.448 |
|
|
|
Other expenses |
536.109 |
164.154 |
164.808 |
|
|
|
Exceptional Items |
0.157 |
0.000 |
0.000 |
|
|
|
TOTAL (B) |
18814.951 |
16121.512 |
10009.116 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
1151.608 |
803.461 |
457.173 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
382.692 |
262.074 |
229.505 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
768.916 |
541.387 |
227.668 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
101.682 |
49.161 |
20.106 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX (E-F) (G) |
667.234 |
492.226 |
207.562 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
216.668 |
161.635 |
69.326 |
|
|
|
|
|
|
|
|
|
|
PROFIT
AFTER TAX (G-H) (I) |
450.723 |
330.591 |
138.236 |
|
|
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
450.723 |
330.591 |
138.236 |
|
|
|
|
|
|
|
|
|
|
Earnings
Per Share (Rs.) |
20.19 |
21.30 |
10.79 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
2.26
|
1.95 |
1.32 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
3.39
|
2.91 |
2.03 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
5.59
|
4.14 |
3.02 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.26
|
0.26 |
0.35 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.76
|
2.79 |
3.35 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.22
|
1.16 |
1.14 |
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 |
133.621 |
210.213 |
235.485 |
|
Reserves & Surplus |
485.944 |
1,697.343 |
2,350.244 |
|
Net
worth |
619.565 |
1,907.556 |
2,585.729 |
|
|
|
|
|
|
long-term borrowings |
497.097 |
283.243 |
202.768 |
|
Short term borrowings |
1,579.505 |
5,046.522 |
1,774.262 |
|
Total
borrowings |
2,076.602 |
5,329.765 |
1,977.030 |
|
Debt/Equity
ratio |
3.352 |
2.794 |
0.765 |
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) |
|
Sales |
10232.376 |
16560.310 |
19693.806 |
|
|
|
61.842 |
18.922 |
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 |
10232.376 |
16560.310 |
19693.806 |
|
Profit After Tax |
138.236 |
330.591 |
450.723 |
|
|
1.35% |
2.00% |
2.29% |
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 |
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 |
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 |
No |
|
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 LOAN
|
Particulars |
31.03.2013 (Rs.
in Millions) |
31.03.2012 (Rs.
in Millions) |
|
Long Term
Borrowing |
|
|
|
Loans and Advances from related parties |
0.960 |
0.960 |
|
Other Loans and Advances |
5.300 |
5.300 |
|
|
|
|
|
Short Term
Borrowings |
|
|
|
Loans and Advances from related parties |
10.051 |
25.662 |
|
Total |
16.311 |
31.922 |
VIEW INDEX OF
CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10486573 |
27/03/2014 |
490,000,000.00 |
Allahabad Bank |
Industrial
Finance Branch, 17, Parliament Street, |
C01048230 |
|
2 |
10478157 |
28/12/2013 |
250,000,000.00 |
SBERBANK |
DR. GOPAL DAS
BHAWAN 28,, BARAKHAMBA ROAD, NEW DE |
B96623491 |
|
3 |
10462026 |
22/11/2013 |
498,800,000.00 |
STATE BANK OF
PATIALA |
COMMERCIAL BRANCH,,
CHANDRALOK BUILDING, 36, JANP |
B90262635 |
|
4 |
10434215 |
07/06/2013 |
278,000,000.00 |
ICICI BANK
LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, Guj |
B78451259 |
|
5 |
10403400 |
05/10/2013 * |
1,338,400,000.00 |
State Bank of
India |
Industrial
Finance Branch, Jawahar Vyapar Bhawan, |
B89749220 |
|
6 |
10397206 |
03/12/2012 |
400,000,000.00 |
CENTRAL BANK OF
INDIA |
MID CORPORATE
FINANCE BRANCH ,LINK HOUSE,, GROUND |
B65964348 |
|
7 |
10386737 |
07/11/2013 * |
670,000,000.00 |
Syndicate Bank |
CORPORATE FINANCE
BRANCH, FIRST FLOOR SAROJINI HO |
B92991991 |
|
8 |
10388883 |
02/11/2012 |
500,000,000.00 |
Indian Overseas
Bank |
MID Corporate
Branch,, 2 Rachna Cinema Building,4 |
B62908389 |
|
9 |
10316593 |
23/09/2011 |
85,700,000.00 |
ORIENTAL BANK OF
COMMERCE |
85-A, OVERSEAS
BRANCH, PANCHKUIAN ROAD, NEW DELHI |
B24901951 |
|
10 |
10307620 |
10/04/2012 * |
1,000,000,000.00 |
STANDARD
CHARTERED BANK |
CREDIT
DOCUMENTATION UNIT, NARAIN MANZIL, 23 BARA |
B36771939 |
* Date of charge modification
OPERATIONS
This year was the first
full year of the operations of the Refinery unit and the directors are happy to
announce that the overall utlisation of the unit was more than 80% in this
year. The company has spread its wing geographically as well and have started
capturing the markets of Punjab, Haryana and J&K for its branded sales
segment and they are happy to say that the brands of the company has got a
tremendous response from these markets. The company has also initiated the
plans for expanding the capacities in the next financial year. With this the
company would strengthen its branded sales segment further and will increase
its market reach. The trading operations were also successful during the year,
with the company registered a combined growth in revenue of more than 18% on
YTY basis. The Directors are happy to inform that the Company has filed its
DRHP with BSE for issue of, offer for sale of securities.
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.60.23 |
|
|
1 |
Rs.101.68 |
|
Euro |
1 |
Rs.83.46 |
INFORMATION DETAILS
|
Information
Gathered by : |
PDT |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SNT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--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 |
|
46 |
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.