|
Report Date : |
04.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
BHUMI RESOURCES ( |
|
|
|
|
Registered Office : |
21, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
26.10.2009 |
|
|
|
|
Com. Reg. No.: |
200919951-C |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
The Subject is principally engaged in the (as a / as an) general
wholesale trade & other investment holding companies. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
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 |
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) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SINGAPORE - ECONOMIC OVERVIEW
Singapore has a highly developed and successful free-market
economy. It enjoys a remarkably open and corruption-free environment, stable
prices, and a per capita GDP higher than that of most developed countries. The economy
depends heavily on exports, particularly in consumer electronics, information
technology products, pharmaceuticals, and on a growing financial services
sector. The economy contracted 0.6% in 2009 as a result of the global financial
crisis, but rebounded 15.1% in 2010, on the strength of renewed exports, before
slowing to in 2011-13, largely a result of soft demand for exports during the
second European recession. Over the longer term, the government hopes to
establish a new growth path that focuses on raising productivity. Singapore has
attracted major investments in pharmaceuticals and medical technology
production and will continue efforts to establish Singapore as Southeast Asia's
financial and high-tech hub.
|
Source
: CIA |
|
REGISTRATION NO. |
: |
200919951-C |
|
COMPANY NAME |
: |
BHUMI RESOURCES (SINGAPORE) PTE. LTD. |
|
FORMER NAME |
: |
N/A |
|
INCORPORATION DATE |
: |
26/10/2009 |
|
COMPANY STATUS |
: |
EXIST |
|
LEGAL FORM |
: |
PRIVATE LIMITED |
|
LISTED STATUS |
: |
NO |
|
REGISTERED ADDRESS |
: |
21, BUKIT BATOK CRESCENT, 15-74 WCEGA TOWER, 658065, SINGAPORE. |
|
BUSINESS ADDRESS |
: |
21, BUKIT BATOK CRESCENT, 15-74 WCEGA TOWER, 658065, SINGAPORE. |
|
TEL.NO. |
: |
65-63342771 |
|
FAX.NO. |
: |
65-64916407 |
|
HP.NO. |
: |
6597837311 |
|
CONTACT PERSON |
: |
SHYAM BINANI ( DIRECTOR ) |
|
PRINCIPAL ACTIVITY |
: |
GENERAL WHOLESALE TRADE & OTHER INVESTMENT HOLDING COMPANIES |
|
ISSUED AND PAID UP CAPITAL |
: |
15,000,000.00 ORDINARY SHARE, OF A VALUE OF SGD 15,000,000.00 |
|
SALES |
: |
N/A |
|
NET WORTH |
: |
USD 15,211,566 [2012] |
|
STAFF STRENGTH |
: |
N/A |
|
LITIGATION |
: |
CLEAR |
|
FINANCIAL CONDITION |
: |
N/A |
|
PAYMENT |
: |
AVERAGE |
|
MANAGEMENT CAPABILITY |
: |
AVERAGE |
|
COMMERCIAL RISK |
: |
N/A |
|
CURRENCY EXPOSURE |
: |
N/A |
|
GENERAL REPUTATION |
: |
SATISFACTORY |
|
INDUSTRY OUTLOOK |
: |
AVERAGE GROWTH |
The Subject is a private limited company and is allowed to have a
minimum of one and a maximum of forty-nine shareholders. As a private limited
company, the Subject must have at least two directors. A private limited
company is a separate legal entity from its shareholders. As a separate legal
entity, the Subject is capable of owning assets, entering into contracts, sue
or be sued by other companies. The liabilities of the shareholders are to the
extent of the equity they have taken up and the creditors cannot claim on
shareholders' personal assets even if the Subject is insolvent. The Subject is
governed by the Companies Act and the company must file its annual returns,
together with its financial statements with the Registrar of Companies.
The Subject is principally engaged in the (as a / as an) general
wholesale trade & other investment holding companies.
The immediate holding company of the Subject is BINANI CEMENT LIMITED, a
company incorporated in INDIA.
Share Capital History
|
Date |
Issue & Paid Up Capital |
|
29/09/2014 |
SGD 15,000,000.00 |
The major shareholder(s) of the Subject are shown as follows :
|
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
BINANI CEMENT LIMITED |
37/2, CHINAR PARK, NEW TOWN, RAJARHAT MAIN ROAD, P.O. HATIARA, NORTH
24, PARGANAS, KOLKATA-700 157, INDIA. |
T07UF3416L |
15,000,000.00 |
100.00 |
|
|
|
|
--------------- |
------ |
|
|
|
|
15,000,000.00 |
100.00 |
|
|
|
|
============ |
===== |
+ Also Director
The Subject's interest in other companies (Subsidiaries/Associates) are
shown as follow :
|
Local No |
Country |
Company |
(%) |
As At |
|
|
INDONESIA |
PT. ANGGANA ENERGY RECOURCES |
100.00 |
31/12/2012 |
|
|
|
|
|
|
DIRECTOR 1
|
Name Of Subject |
: |
SHYAM BINANI |
|
Address |
: |
48A, LORONG MYDIN, 416887, SINGAPORE. |
|
IC / PP No |
: |
G6101030R |
|
Nationality |
: |
INDIAN |
|
Date of Appointment |
: |
26/10/2009 |
DIRECTOR 2
|
Name Of Subject |
: |
MEGHADRI KUMAR CHATTOPADHYAYA |
|
Address |
: |
FLAT 82, SHATRUNJAY TOWER M.M.G.S. MARG, DADAR EAST MUMBAI, 8TH FLOOR,
400014, INDIA. |
|
IC / PP No |
: |
J9040962 |
|
Nationality |
: |
INDIAN |
|
Date of Appointment |
: |
26/10/2009 |
DIRECTOR 3
|
Name Of Subject |
: |
SUSHIL BHATTER |
|
Address |
: |
FLAT NO 501, MAHAAVIR RATAN, PLOT 113, SEC 12, VASHI NAVI MUMBAI, 5TH
FLOOR, 400705, INDIA. |
|
IC / PP No |
: |
Z2187132 |
|
Nationality |
: |
INDIAN |
|
Date of Appointment |
: |
18/04/2012 |
DIRECTOR 4
|
Name Of Subject |
: |
JOTIRMOY PRATUL KRISHNA GHONE |
|
Address |
: |
FLAT 201/202, DBLOCK, ASHOKA TOWERS CHS LTD. DR. S.S. RAO ROAD, PAREL
MUMBAI, 2ND FLOOR, 400012, INDIA. |
|
IC / PP No |
: |
501460551 |
|
Nationality |
: |
BRITISH |
|
Date of Appointment |
: |
20/03/2014 |
|
1) |
Name of Subject |
: |
SHYAM BINANI |
|
|
Position |
: |
DIRECTOR |
|
Auditor |
: |
S J CHUNG & CO |
|
Auditor' Address |
: |
N/A |
|
1) |
Company Secretary |
: |
LEE LAI NAH |
|
|
IC / PP No |
: |
S1607980D |
|
|
|
|
|
|
|
Address |
: |
73, CAVENAGH ROAD, 02-376, CAVENAGH GARDENS, 229624, SINGAPORE. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
No Banker found in our databank.
No encumbrance was found in our databank at the time of investigation.
* A check has been conducted in our databank againt the Subject whether the
subject has been involved in any litigation.
No legal action was found in our databank.
No winding up petition was found in our databank.
|
SOURCES OF RAW MATERIALS: |
||
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
|
|
|
|
The Subject's Company Secretary refused to disclose its payment record.
The Subject refused to provide any name of trade/service supplier and we are
unable to conduct any trade enquiry. However, from financial historical data we
conclude that :
|
OVERALL PAYMENT HABIT |
||||||||||||||
|
Prompt 0-30 Days |
[ |
|
] |
|
Good 31-60 Days |
[ |
|
] |
|
Average 61-90 Days |
[ |
X |
] |
|
|
Fair 91-120 Days |
[ |
|
] |
|
Poor >120 Days |
[ |
|
] |
|
|
|
|
|
|
|
Local |
: |
N/A |
|||
|
|
|
|
|||
|
Overseas |
: |
N/A |
|||
|
|
|
|
|||
|
Credit Term |
: |
N/A |
|||
|
|
|
|
|
|
|
|
Payment Mode |
: |
N/A |
|||
The Subject's Company Secretary refused to disclose its clientele.
|
Goods Traded |
: |
GENERAL WHOLESALE TRADE & OTHER INVESTMENT HOLDING COMPANIES
|
|
|
|
|
|
|
Branch |
: |
NO
|
Other Information:
The Subject is principally engaged in the (as a / as an) general wholesale
trade & other investment holding companies.
The Subject refused to disclose its operation.
Latest fresh investigations carried out on the Subject indicated that :
|
Telephone Number Provided By Client |
: |
N/A |
|
Current Telephone Number |
: |
65-63342771 |
|
Match |
: |
N/A |
|
|
|
|
|
Address Provided by Client |
: |
SINGAPORE |
|
Current Address |
: |
21, BUKIT BATOK CRESCENT, 15-74 WCEGA TOWER, 658065, SINGAPORE. |
|
Match |
: |
NO |
|
|
|
|
Other Investigations
On 1st October 2014, we contacted the Subject's Company Secretary and she
provided limited information on the Subject.
The address provided is incomplete.
The Subject refused to disclose on any turnover.
The Subject's Company Secretary refused to disclose its number of employees and
its banker.
|
The Subject's turnover was nil during the year indicate that it was
inactive. As a result, we are unable to comment on its financial performance. |
||||||
|
|
|
|
|
|
|
|
|
Overall financial condition of the Subject : N/A |
||||||
|
Major Economic Indicators : |
2009 |
2010 |
2011 |
2012 |
2013 |
|
|
|
|
|
|
|
|
Population (Million) |
4.98 |
5.08 |
5.18 |
5.31 |
5.40 |
|
Gross Domestic Products ( % ) |
(0.8) |
14.5 |
4.9 |
1.3 |
3.7 |
|
Consumer Price Index |
0.6 |
2.8 |
5.2 |
4.6 |
2.4 |
|
Total Imports (Million) |
356,299.3 |
423,221.8 |
459,655.1 |
474,554.0 |
466,762.0 |
|
Total Exports (Million) |
391,118.1 |
478,840.7 |
514,741.2 |
510,329.0 |
513,391.0 |
|
|
|
|
|
|
|
|
Unemployment Rate (%) |
3.2 |
2.2 |
2.1 |
2.0 |
1.9 |
|
Tourist Arrival (Million) |
9.68 |
11.64 |
13.17 |
14.49 |
15.46 |
|
Hotel Occupancy Rate (%) |
75.8 |
85.6 |
86.5 |
86.4 |
86.3 |
|
Cellular Phone Subscriber (Million) |
1.37 |
1.43 |
1.50 |
1.52 |
1.97 |
|
|
|
|
|
|
|
|
Registration of New Companies (No.) |
26,414 |
29,798 |
32,317 |
31,892 |
37,288 |
|
Registration of New Companies (%) |
4.3 |
12.8 |
8.5 |
(1.3) |
9.8 |
|
Liquidation of Companies (No.) |
22,393 |
15,126 |
19,005 |
17,218 |
17,369 |
|
Liquidation of Companies (%) |
113.4 |
(32.5) |
25.6 |
9.4 |
(5.3) |
|
|
|
|
|
|
|
|
Registration of New Businesses (No.) |
26,876 |
23,978 |
23,494 |
24,788 |
22,893 |
|
Registration of New Businesses (%) |
8.15 |
(10.78) |
2.02 |
5.51 |
1.70 |
|
Liquidation of Businesses (No.) |
23,552 |
24,211 |
23,005 |
22,489 |
22,598 |
|
Liquidation of Businesses (%) |
11.4 |
2.8 |
(5) |
(2.2) |
0.5 |
|
|
|
|
|
|
|
|
Bankruptcy Orders (No.) |
2,058 |
1,537 |
1,527 |
1,748 |
1,992 |
|
Bankruptcy Orders (%) |
(11.5) |
(25.3) |
(0.7) |
14.5 |
14.0 |
|
Bankruptcy Discharges (No.) |
3,056 |
2,252 |
1,391 |
1,881 |
2,584 |
|
Bankruptcy Discharges (%) |
103.7 |
(26.3) |
(38.2) |
35.2 |
37.4 |
|
|
|
|
|
|
|
|
INDUSTRIES ( % of Growth ) : |
|
|
|
|
|
|
Agriculture |
|
|
|
|
|
|
Production of Principal Crops |
3.25 |
(0.48) |
4.25 |
3.64 |
- |
|
Fish Supply & Wholesale |
(1.93) |
(10.5) |
12.10 |
(0.5) |
- |
|
|
|
|
|
|
|
|
Manufacturing * |
71.5 |
92.8 |
100.0 |
100.3 |
102.0 |
|
Food, Beverages & Tobacco |
90.4 |
96.4 |
100.0 |
103.5 |
103.5 |
|
Textiles |
145.9 |
122.1 |
100.0 |
104.0 |
87.1 |
|
Wearing Apparel |
211.0 |
123.3 |
100.0 |
92.1 |
77.8 |
|
Leather Products & Footwear |
79.5 |
81.8 |
100.0 |
98.6 |
109.8 |
|
Wood & Wood Products |
101.4 |
104.0 |
100.0 |
95.5 |
107.4 |
|
Paper & Paper Products |
95.4 |
106.1 |
100.0 |
97.4 |
103.2 |
|
Printing & Media |
100.9 |
103.5 |
100.0 |
93.0 |
86.1 |
|
Crude Oil Refineries |
96.4 |
95.6 |
100.0 |
99.4 |
93.5 |
|
Chemical & Chemical Products |
80.3 |
97.6 |
100.0 |
100.5 |
104.1 |
|
Pharmaceutical Products |
49.1 |
75.3 |
100.0 |
109.7 |
107.2 |
|
Rubber & Plastic Products |
101.2 |
112.3 |
100.0 |
96.5 |
92.9 |
|
Non-metallic Mineral |
91.9 |
92.5 |
100.0 |
98.2 |
97.6 |
|
Basic Metals |
92.6 |
102.2 |
100.0 |
90.6 |
76.5 |
|
Fabricated Metal Products |
90.8 |
103.6 |
100.0 |
104.3 |
105.1 |
|
Machinery & Equipment |
57.3 |
78.5 |
100.0 |
112.9 |
114.5 |
|
Electrical Machinery |
86.8 |
124.1 |
100.0 |
99.3 |
108.5 |
|
Electronic Components |
85.2 |
113.6 |
100.0 |
90.6 |
94.3 |
|
Transport Equipment |
96.0 |
94.0 |
100.0 |
106.3 |
107.5 |
|
|
|
|
|
|
|
|
Construction |
(36.9) |
14.20 |
20.50 |
28.70 |
- |
|
Real Estate |
1.4 |
21.3 |
25.4 |
31.9 |
- |
|
|
|
|
|
|
|
|
Services |
|
|
|
|
|
|
Electricity, Gas & Water |
1.70 |
4.00 |
7.00 |
6.30 |
- |
|
Transport, Storage & Communication |
3.90 |
12.80 |
7.40 |
5.30 |
- |
|
Finance & Insurance |
(16.4) |
(0.4) |
8.90 |
0.50 |
- |
|
Government Services |
4.50 |
9.70 |
6.90 |
6.00 |
- |
|
Education Services |
0.10 |
(0.9) |
(1.4) |
0.30 |
- |
|
|
|
|
|
|
|
|
* Based on Index of Industrial Production (2011 = 100) |
|
|
|
|
|
|
(Source : Department of Statistics) |
|
|
|
|
|
|
INDUSTRY : |
TRADING |
|
|
|
|
|
|
|
The wholesale and retail trade sector contracted by 1.5% in the fourth
quarter of 2012, extending the 0.2% decline in the preceding quarter. For the
whole of 2012, the sector declined by 0.7%, reversing the 1.6% growth in
2011. The sector was weighed down primarily by the wholesale trade segment.
In 2012, the wholesale trade segment contracted by 1.0%, a reversal from the
1.4% growth in 2011. Growth of the retail trade segment also moderated to
2.0%, from 3.2% in the year 2011. |
|
|
|
|
|
The domestic wholesale trade index grew by 1.2% in the fourth quarter
of 2012, an improvement from the 5.4% decline in the third quarter. This was
partly due to an increase in the sales of chemicals & chemical products
and ship chandlers & bunkering. For the full year of 2012, the domestic
wholesale trade index contracted by 2.2%, extending the 1.7% decline in 2011.
The foreign wholesale trade index grew by 8.6% in the fourth quarter, an
increase from the 6.6% growth in the third quarter. The expansion was partly
due to resilient sales of petroleum & petroleum products. For the whole
of 2012, the foreign wholesale trade index expanded by 9.1%, faster than the
4.3% increase in 2011. |
|
|
|
|
|
In the fourth quarter of 2012, retail sales volume declined by 2.0%,
extending the 0.3% decline in the third quarter. Excluding motor vehicles, retail
sales volume grew by 0.4%, a slight moderation compared to the 1.5% gain in
the third quarter of 2012. The sales volume of motor vehicles fell by 11% in
the fourth quarter of 2012, after contracting by 6.1% in the third quarter.
The sales of several discretionary items also declined in the fourth quarter.
Besides, the sales of optical goods & books in 2012 fell by 3.6%, while
the sales of telecommunications apparatus & computers declined by 1.4%. |
|
|
|
|
|
For 2012 as a whole, retail sales volume grew by 1.3%, compared to the
2.0% expansion in 2011. Excluding motor vehicle sales, the increase in retail
sales volume also moderated from 5.4% in 2011 to 1.7% in 2012. Medical goods
& toiletries registered the largest increase (9.3%) in sales, followed by
telecommunications apparatus & computers (6.9%). By contrast, the sales
of watches & jewellery (-2.2%) and optical goods & books (-3.6%)
declined. |
|
|
|
|
|
|
|
|
OVERALL INDUSTRY OUTLOOK : AVERAGE GROWTH |
|
|
|
|
|
|
THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH SINGAPORE
FINANCIAL REPORTING STANDARDS. |
|
BHUMI RESOURCES (SINGAPORE) PTE. LTD. |
|
Financial Year End |
2012-12-31 |
2011-12-31 |
|
Months |
12 |
12 |
|
Consolidated Account |
Company |
Company |
|
Audited Account |
YES |
YES |
|
Unqualified Auditor's Report (Clean Opinion) |
YES |
YES |
|
Financial Type |
FULL |
FULL |
|
Currency |
USD |
USD |
|
|
|
|
|
PROFIT/(LOSS) FROM OPERATIONS |
184,527 |
41,263 |
|
|
---------------- |
---------------- |
|
PROFIT/(LOSS) BEFORE TAXATION |
184,527 |
41,263 |
|
Taxation |
(10,945) |
(4,688) |
|
|
---------------- |
---------------- |
|
PROFIT/(LOSS) AFTER TAXATION |
173,582 |
36,575 |
|
|
---------------- |
---------------- |
|
RETAINED PROFIT/(LOSS) BROUGHT FORWARD |
|
|
|
As previously reported |
37,984 |
1,409 |
|
|
---------------- |
---------------- |
|
As restated |
37,984 |
1,409 |
|
|
---------------- |
---------------- |
|
PROFIT AVAILABLE FOR APPROPRIATIONS |
211,566 |
37,984 |
|
|
---------------- |
---------------- |
|
RETAINED PROFIT/(LOSS) CARRIED FORWARD |
211,566 |
37,984 |
|
|
============= |
============= |
|
|
|
|
|
BHUMI RESOURCES (SINGAPORE) PTE. LTD. |
|
ASSETS EMPLOYED: |
|
|
|
FIXED ASSETS |
- |
3,177 |
|
|
|
|
|
Investments |
600,000 |
600,000 |
|
|
---------------- |
---------------- |
|
TOTAL LONG TERM INVESTMENTS/OTHER ASSETS |
600,000 |
600,000 |
|
|
|
|
|
|
---------------- |
---------------- |
|
TOTAL LONG TERM ASSETS |
600,000 |
603,177 |
|
|
|
|
|
Other debtors, deposits & prepayments |
6,449,243 |
1,704,736 |
|
Short term deposits |
5,010,889 |
9,503,430 |
|
Amount due from subsidiary companies |
3,000,000 |
3,000,000 |
|
Cash & bank balances |
164,679 |
233,629 |
|
|
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
14,624,811 |
14,441,795 |
|
|
---------------- |
---------------- |
|
TOTAL ASSET |
15,224,811 |
15,044,972 |
|
|
============= |
============= |
|
|
|
|
|
Other creditors & accruals |
2,300 |
2,300 |
|
Provision for taxation |
10,945 |
4,688 |
|
|
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
13,245 |
6,988 |
|
|
---------------- |
---------------- |
|
NET CURRENT ASSETS/(LIABILITIES) |
14,611,566 |
14,434,807 |
|
|
---------------- |
---------------- |
|
TOTAL NET ASSETS |
15,211,566 |
15,037,984 |
|
|
============= |
============= |
|
|
|
|
|
SHARE CAPITAL |
|
|
|
Ordinary share capital |
15,000,000 |
15,000,000 |
|
|
---------------- |
---------------- |
|
TOTAL SHARE CAPITAL |
15,000,000 |
15,000,000 |
|
|
|
|
|
Retained profit/(loss) carried forward |
211,566 |
37,984 |
|
|
---------------- |
---------------- |
|
TOTAL RESERVES |
211,566 |
37,984 |
|
|
|
|
|
|
---------------- |
---------------- |
|
SHAREHOLDERS' FUNDS/EQUITY |
15,211,566 |
15,037,984 |
|
|
|
|
|
|
---------------- |
---------------- |
|
|
15,211,566 |
15,037,984 |
|
|
============= |
============= |
|
|
|
|
|
BHUMI RESOURCES (SINGAPORE) PTE. LTD. |
|
TYPES OF FUNDS |
|
|
|
Cash |
5,175,568 |
9,737,059 |
|
Net Liquid Funds |
5,175,568 |
9,737,059 |
|
Net Liquid Assets |
14,611,566 |
14,434,807 |
|
Net Current Assets/(Liabilities) |
14,611,566 |
14,434,807 |
|
Net Tangible Assets |
15,211,566 |
15,037,984 |
|
Net Monetary Assets |
14,611,566 |
14,434,807 |
|
BALANCE SHEET ITEMS |
|
|
|
Total Borrowings |
0 |
0 |
|
Total Liabilities |
13,245 |
6,988 |
|
Total Assets |
15,224,811 |
15,044,972 |
|
Net Assets |
15,211,566 |
15,037,984 |
|
Net Assets Backing |
15,211,566 |
15,037,984 |
|
Shareholders' Funds |
15,211,566 |
15,037,984 |
|
Total Share Capital |
15,000,000 |
15,000,000 |
|
Total Reserves |
211,566 |
37,984 |
|
LIQUIDITY (Times) |
|
|
|
Cash Ratio |
390.76 |
1,393.40 |
|
Liquid Ratio |
1,104.18 |
2,066.66 |
|
Current Ratio |
1,104.18 |
2,066.66 |
|
WORKING CAPITAL CONTROL (Days) |
|
|
|
Stock Ratio |
0 |
0 |
|
Debtors Ratio |
0 |
0 |
|
Creditors Ratio |
0 |
0 |
|
SOLVENCY RATIOS (Times) |
|
|
|
Gearing Ratio |
0.00 |
0.00 |
|
Liabilities Ratio |
0.00 |
0.00 |
|
Times Interest Earned Ratio |
0.00 |
0.00 |
|
Assets Backing Ratio |
1.01 |
1.00 |
|
PERFORMANCE RATIO (%) |
|
|
|
Operating Profit Margin |
0.00 |
0.00 |
|
Net Profit Margin |
0.00 |
0.00 |
|
Return On Net Assets |
1.21 |
0.27 |
|
Return On Capital Employed |
1.21 |
0.27 |
|
Return On Shareholders' Funds/Equity |
1.14 |
0.24 |
|
Dividend Pay Out Ratio (Times) |
0.00 |
0.00 |
|
NOTES TO ACCOUNTS |
|
|
|
Contingent Liabilities |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.75 |
|
|
1 |
Rs.100.06 |
|
Euro |
1 |
Rs.77.95 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
SDA |
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 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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.