MIRA INFORM REPORT
|
Report Date : |
08.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
ALL ARCH INDIA PRIVATE LIMITED |
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Registered Office
: |
GO-8, Ground Floor, Suyog Industrial Estate Premise, Co-Operative
Society Limited, L.B.S. Marg, Vikhroli (West), Mumbai – 400083, Maharashtra |
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Country : |
India |
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Financials (as
on) : |
31.03.2014 |
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Date of Incorporation
: |
21.02.2005 |
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Com. Reg. No.: |
11-151466 |
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Capital
Investment / Paid-up Capital : |
Rs. 0.100 Million |
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CIN No.: [Company Identification
No.] |
U51430MH2005PTC151466 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
The Company is principally engaged in the business of dealing in Architectural Products, Hardware, Adhesive, etc. |
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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 |
|
Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having satisfactory track. Overall financial positions of the company is decent. Trade relations are reported to be fair. Business is active. Payments
are reported to be usually correct. The company can be considered 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.
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.
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 DENIED
Management Non-Cooperative
Contact No.: 91-22-25779916
LOCATIONS
|
Registered Office : |
GO-8, Ground Floor, Suyog Industrial Estate Premise, Co-Operative
Society Limited, L.B.S. Marg, Vikhroli (West), Mumbai – 400083, Maharashtra,
India |
|
Tel. No.: |
91-22-25770032 / 25779916 / 25782328 |
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Fax No.: |
91-22-25782328 |
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E-Mail : |
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Website : |
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Corporate Office : |
Unit No.G-1/2, L.B.S. Marg, Suyog Industrial Estate Premises, Co-Operative Society Limited, Vikhroli (West), Mumbai – 400083, Maharashtra, India. |
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Tel. No.: |
91-22-25782328 / 25779916 / 42151822 |
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Fax No.: |
91-25770032 |
DIRECTORS
AS ON 02.08.2014
|
Name : |
Mr. Rakesh Sushilkumar Ghai |
|
Designation : |
Director |
|
Address : |
C-43, Room No.160, Shiv Colony, Ulhasnagar - 421 003, Maharashtra, India |
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Date of Birth/Age : |
28.02.1969 |
|
Date of Appointment : |
21.02.2005 |
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DIN No. : |
00051792 |
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|
Name : |
Mrs. Priti Rakesh Ghai |
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Designation : |
Director |
|
Address : |
C-43, Room No.160, Shiv Colony, Ulhasnagar - 421 003, Maharashtra, India |
|
Date of Birth/Age : |
18.07.1973 |
|
Date of Appointment : |
21.02.2005 |
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DIN No. : |
00151945 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 02.08.2014
|
Names of
Shareholders |
|
No. of Shares |
|
Rakesh Sushilkumar Ghai |
|
6,000 |
|
Priti Rakesh Ghai |
|
4,000 |
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|
|
|
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Total |
|
10,000 |
AS ON 02.08.2014
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage of Holding |
|
Directors or relatives of Directors |
100.00 |
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|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The Company is principally engaged in the business of dealing in Architectural Products, Hardware, Adhesive, etc. |
GENERAL INFORMATION
|
No. of Employees : |
Information declined by the management. |
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Bankers : |
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Facilities : |
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Banking
Relations : |
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Financial Institution : |
Tata Capital Financial Services Limited |
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Auditors : |
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Name : |
R.J. Luthia and Associates Chartered Accountants |
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Address : |
610/611, Parmeshwari Centre, Dalmia Estate, Above Galaxy Motors, Off LBS Marg, Mulund (West), Mumbai – 400080, Maharashtra, India |
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Tel. No.: |
91-22-2564 1553/2569 4989 |
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Fax No.: |
91-22-2592 2236 |
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E-Mail : |
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PAN No.: |
AAAPL1267C |
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Associates : |
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CAPITAL STRUCTURE
AS ON 02.08.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50,000 |
Equity Shares |
Rs.10/- each |
Rs.0.500 Million |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
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|
|
|
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|
10,000 |
Equity Shares |
Rs.10/- each |
Rs.0.100 Million |
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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 |
0.100 |
0.100 |
0.100 |
|
(b) Reserves & Surplus |
35.799 |
32.074 |
29.974 |
|
(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) |
35.899 |
32.174 |
30.074 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.690 |
2.288 |
7.851 |
|
(b) Deferred tax liabilities
(Net) |
0.000 |
0.000 |
0.137 |
|
(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) |
0.690 |
2.288 |
7.988 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
49.549 |
35.500 |
28.745 |
|
(b) Trade payables |
16.705 |
13.609 |
17.407 |
|
(c) Other current liabilities |
10.680 |
8.443 |
8.074 |
|
(d) Short-term provisions |
0.257 |
0.570 |
0.169 |
|
Total
Current Liabilities (4) |
77.191 |
58.122 |
54.395 |
|
|
|
|
|
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TOTAL |
113.780 |
92.584 |
92.457 |
|
|
|
|
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|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
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(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
13.884 |
14.802 |
23.761 |
|
(ii) Intangible Assets |
0.007 |
0.012 |
0.021 |
|
(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 |
0.050 |
0.050 |
0.090 |
|
(c) Deferred tax assets (net) |
0.323 |
0.358 |
0.000 |
|
(d) Long-term Loan and Advances |
0.838 |
0.836 |
0.857 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
15.102 |
16.058 |
24.729 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
36.346 |
22.285 |
17.088 |
|
(c) Trade receivables |
54.876 |
47.198 |
46.201 |
|
(d) Cash and cash equivalents |
4.477 |
4.917 |
3.115 |
|
(e) Short-term loans and
advances |
2.979 |
2.126 |
1.324 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
98.678 |
76.526 |
67.728 |
|
|
|
|
|
|
TOTAL |
113.780 |
92.584 |
92.457 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Revenue from operations |
225.697 |
240.669 |
197.494 |
|
|
Other Income |
0.267 |
(0.923) |
0.247 |
|
|
TOTAL
(A) |
225.964 |
239.746 |
197.741 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchases of Stock-in-Trade |
195.666 |
207.296 |
159.640 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(14.060) |
(5.196) |
6.146 |
|
|
Employees benefits expense |
8.843 |
8.449 |
7.305 |
|
|
Other expenditure |
22.000 |
18.495 |
13.968 |
|
|
TOTAL
(B) |
212.449 |
229.044 |
187.059 |
|
|
|
|
|
|
|
Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (C) |
13.515 |
10.702 |
10.682 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
6.129 |
5.084 |
4.354 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
7.386 |
5.618 |
6.328 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION (F) |
1.954 |
2.515 |
0.902 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
5.432 |
3.103 |
5.426 |
|
|
|
|
|
|
|
Less |
TAX
(H) |
1.697 |
1.002 |
1.611 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H)
(I) |
3.735 |
2.101 |
3.815 |
|
|
|
|
|
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|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
32.074 |
29.973 |
26.158 |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
35.809 |
32.074 |
29.973 |
|
|
|
|
|
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|
IMPORTS |
|
|
|
|
|
Purchase |
7.234 |
7.754 |
0.827 |
|
|
TOTAL
IMPORTS |
7.234 |
7.754 |
0.827 |
|
|
|
|
|
|
|
|
EARNINGS
/ (LOSS) PER SHARE (RS.) |
373.53 |
210.07 |
381.56 |
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
PAT / Total Income |
(%) |
1.65 |
0.88 |
1.93 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
2.41 |
1.29 |
2.75 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.79 |
3.37 |
5.87 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.15 |
0.10 |
0.18 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.40 |
1.17 |
1.22 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.28 |
1.32 |
1.25 |
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 |
0.100 |
0.100 |
0.100 |
|
Reserves & Surplus |
29.974 |
32.074 |
35.799 |
|
Net
worth |
30.074 |
32.174 |
35.899 |
|
|
|
|
|
|
long-term borrowings |
7.851 |
2.288 |
0.690 |
|
Short term borrowings |
28.745 |
35.500 |
49.549 |
|
Total
borrowings |
36.596 |
37.788 |
50.239 |
|
Debt/Equity
ratio |
1.217 |
1.174 |
1.399 |
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) |
|
Revenue from operations |
197.494 |
240.669 |
225.697 |
|
|
|
21.861 |
(6.221) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Revenue from operations |
197.494 |
240.669 |
225.697 |
|
Profit/(Loss) After Tax |
3.815 |
2.101 |
3.735 |
|
|
1.93% |
0.87% |
1.65% |
LOCAL AGENCY FURTHER INFORMATION
CURRENT MATURITY ON
LONG TERM DEBT
|
Particulars |
31.03.2014 (Rs.
In Millions) |
31.03.2013 (Rs.
In Millions) |
31.03.2012 (Rs.
In Millions) |
|
Current Maturity on long term debt |
2.249 |
3.036 |
2.540 |
|
|
|
|
|
|
Total |
2.249 |
3.036 |
2.540 |
|
Sr. No. |
Check List by Info
Agents |
Available in Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact person |
No |
|
11] |
Turnover of firm for last three years |
Yes |
|
12] |
Profitability for last three years |
Yes |
|
13] |
Reasons for variation <> 20% |
---- |
|
14] |
Estimation for coming financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister concerns |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
----- |
|
22] |
Litigations that the firm / promoter involved in |
---- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
Yes |
|
25] |
Conduct of the banking account |
--- |
|
26] |
Buyer visit details |
--- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if applicable |
Yes |
|
29] |
Last accounts filed at ROC |
Yes |
|
30] |
Major Shareholders, if available |
Yes |
|
31] |
Date of Birth of Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
VIEW INDEX OF
CHARGES
|
S.No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10305260 |
29/07/2011 |
9,800,000.00 |
THE SARASWAT
CO-OPERATIVE BANK LIMITED |
SMALL AND MEDIUM
ENTERPRISE BRANCH,, PRABHAT BHAV |
B20051512 |
|
2 |
10397862 |
15/06/2011 |
443,000.00 |
INDIAN OVERSEAS
BANK |
KALBADEVI ROAD
BRANCH, CHUNILAL MEHTA CHAMBERS, 1 |
B56228026 |
|
3 |
10282922 |
26/07/2012 * |
27,000,000.00 |
INDIAN OVERSEAS
BANK |
KALBADEVI ROAD
BRANCH, CHUNILAL MEHTA CHAMBERS, 1 |
B56228802 |
|
4 |
10257882 |
06/12/2010 |
2,500,000.00 |
THE SARASWAT
CO-OPERATIVE BANK LIMITED |
SMALL AND MEDIUM
ENTERPRISES BRANCH,PRABHAT BHAVAN |
B00550970 |
|
5 |
10237829 |
31/08/2010 |
2,500,000.00 |
THE SARASWAT
CO-OPERATIVE BANK LTD. |
SMALL AND MEDIUM
ENTERPRISES BRANCH,PRABHAT BHAVAN |
A93505709 |
|
6 |
80007176 |
15/04/2008 * |
3,700,000.00 |
THE SARASWAT
CO-OPERATIVE BANK LIMITED |
VIKHROLI (WEST)
BRANCH, CHANDAN MANSION, VIKHROLI |
A36977585 |
* Date of charge modification
UNSECURED LOANS
|
PARTICULAR |
31.03.2014 (Rs.
in Millions) |
31.03.2013 (Rs.
in Millions) |
|
LONG TERM
BORROWINGS |
|
|
|
HDFC Bank Limited - Business Loan No. 23365844 (Repayable in 24 Equal Monthly Installments) |
0.000 |
0.683 |
|
|
|
|
|
SHORT TERM
BORROWINGS |
|
|
|
From Other Parties |
|
|
|
Loan From Related Parties |
7.183 |
2.309 |
|
Tata Capital Financial Services Limited Loan No.CF/TA/RMUM/DOWCORNING/MUM/2201 (Against
Unconditional and irrevocable personal guarantee of Directors having Floating
interest of 13.25%p.a.) |
17.554 |
9.745 |
|
Total |
24.737 |
12.737 |
CONTINGENT LIABILITIES NOT PROVIDED FOR IN RESPECT OF :
|
PARTICULAR |
31.03.2014 (Rs.
in Millions) |
31.03.2013 (Rs.
in Millions) |
|
Bill of Exchange Discounted with Indian Overseas Bank |
4.199 |
1.500 |
|
Application filed for rectification U/s.115WE of the IT Act, 1961 for Fringe Benefit Tax Assessment Year 2007‐08 |
0.022 |
0.022 |
BACKGROUND
The Company was incorporated on February 21, 2005. The Company is principally engaged in the business of dealing in Architectural Products, Hardware, Adhesive, etc.
PERFORMANCE OF THE
COMPANY
During the year the company has changed it's strategy thereby reduced dealing in goods fetching low margin. This has resulted in to marginal reduction in turnover but improved overall profit. The gross receipt from operation stood at Rs.225.696 Millions (P.Y. 240.669 Millions). The company has earned net profit to the tune of Rs. 3.735 Millions (P.Y. Rs. 2.100 Millions) after provision for taxation Rs.1.696 Millions (P.Y. Rs.1.002 Millions). The director are hopeful of better performance in ensuing year.
FIXED ASSETS
TANGIBLE ASSETS
- Land and Building
- Office Equipments
- Air Conditioner
- Vacuum Cleaner
- Water Cooler
- Biometric Attendance System
- Camera
- Drum Lifting Trolley
- Electric Water Motor
- Electrical Installations
- EPABX System
- Fax Machine
- Fire Extinguisher
- Graco Hydramate 2 Part Pump
- Invertor
- Microwave Oven
- Mobile Phone
- Refrigerator
- Television
- UPS System
- Computers and Printer
- Motor Car
- Furniture and Fixtures
INTANGIBLE ASSETS
- Software
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.61.35 |
|
|
1 |
Rs.98.71 |
|
Euro |
1 |
Rs.77.42 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
SUM |
|
|
|
|
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 |
6 |
|
--RESERVES |
1~10 |
5 |
|
--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.