|
Report Date : |
13.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
VEDANT MULTISPECIALITY HOSPITAL |
|
|
|
|
Registered
Office : |
Safal Shopping Centre, 1st Floor, Plot No 6, NNP, Off Filmcity
Road, Goregaon [East], Mumbai – 400065, Maharashtra |
|
|
|
|
Country : |
India |
|
|
|
|
Year of
Establishment : |
04.10.2014 |
|
|
|
|
Capital
Investment : |
Not Divulged |
|
|
|
|
PAN No.: [Permanent Account No.] |
AMRPN7063M |
|
|
|
|
Legal Form : |
Sole Proprietary Concern |
|
|
|
|
Line of Business
: |
Multi-Specialty Hospital |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New Business |
- |
|
Status : |
New Concern |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a new proprietary concern and yet to establish itself
gradually. The concern expects a sizeable turnover from its first year of
operations. Payment terms are unknown. The concern can be considered for business dealings on a fully safe
and secured 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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
N E W S
Verdict Implications
: Apex court order may alter coal import dynamics. Traders go slow on talks
over coal supply contracts, uncertainty over cancellation of blocks weigh on
stocks.
Recent arrest of the
Chennai head of the Registrar of Companies, the ministry of corporate affairs
arm that ensures that companies file all the information required by the
Companies Act is the latest manifestation of a messy fight between a father and
his adopted son for the control of Rs 40000 mn business empire. The Central Bureau
of Investigation arrested Manumeethi Cholan after he accepted Rs 10 lakhs as
bribe from M A M Ramaswamy, a CBI official said.
Central Bureau of
Investigation books Electrotherm for cheating Central Bank of Rs 4360 mn.
Infosys maintains
revenue guidance. COO Rao says attrition still an area of concern and it would
take a few more quarters to bring down levels to 13-15 %.
DHL to invest Euro
100 mn in India over next 2 years. The firm has chosen India to pilot its
e-commerce business model for the Asia-Pacific region.
Blackstone may buy
stake in BlueRidge SEZ in line with the fund’s real estate strategy in India.
Kingfisher Airlines
Ltd grounded in October 2012 under the weight of heavy debt and accumulated losses,
recently approached the Delhi high court for relief in two separate cases. The
airline challenged a notice by Punjab & National Bank alleging that it had
willfully 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 PARTED BY
|
Name : |
Mr. Pankaj |
|
Designation : |
Chartered Accountant |
|
Contact No.: |
91-9819076381 |
|
Date : |
09.10.2014 |
LOCATIONS
|
Registered Office/ Hospital : |
Safal Shopping Centre, 1st Floor, Plot No 6, NNP, Off
Filmcity Road, Goregaon [East], Mumbai – 400065, Maharashtra, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9769666829 [Dr. Anant Maroti Nagrale] 91-9819076381 [Mr. Pankaj] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Location : |
Rented |
SOLE PROPRIETOR
|
Name : |
Dr. Anant Maroti Nagrale |
|
Designation : |
Proprietor |
|
Address : |
Flat No. 405/6, Sierra Tower, D Wing, Lokhandwala Complex, Kandivali
[East], Mumbai – 400101, Maharashtra, India |
|
Date of Birth/Age : |
08.09.1981 |
|
Qualification : |
M.B.B.S, M.D. [Med] |
|
Experience : |
9 Years |
|
PAN No.: |
AMRPN7063M |
|
Brief Profile : |
The project is
conceived by Mr. Anant M. Nagrale MD (Med.), who is 33 years Registered with
Maharashtra Medical Council, Mumbai Reg No 2005/0813321, young, energetic,
enthusiastic and bold in decision-making professionally a Doctor committed to
Health care profession. Mr. Nagrale has
completed his MBBS from Maharastra University of Health Sciences, Nashik in
the year 2005. After competition of
MBBS Mr. Nagrale has worked as Assistant Lecturer in BJ Medical Collage
(Forensic Dept.), Pune for 2 years. Mr. Nagrale has
completed MD (Medicine) from Maharastra University Of Health Sciences, Nashik
in the year 2010. After competition
of MD (Medicine) Mr. Nagrale has worked as ICU Registrar in KokilaBen D.
Ambani Hospital, Mumbai for 6 Months. Then Mr. Nagrale
has worked as Clinical Assistant in Hinduja Hospital, Mumbai for 1 Year. From 2012 he has
started independent practice, and now he is visiting doctor in the following
hospitals / nursing homes : · RadhaKrishna Hospital, Goregoan (e) · Sudha Hospital, Goregoan (e) · Hyat Hospital, Malad (e) · Sai Hospital, Malad (e) · Kairav Hospital, Malad (e) · Asha Hospital, Malad (e) · Vanita Hospital, Malad (e) · Vighnaharta Hospital, Kandivali (e) · Umrao Hospital, Mira Road (e) · DNA Hospital, Kandivali (e) · Suryakiran Hospital, Kandivali (e) |
KEY EXECUTIVES
|
Name : |
Mr. Pankaj |
|
Designation : |
Chartered Accountant |
BUSINESS DETAILS
|
Line of Business : |
Multi-Specialty Hospital |
GENERAL INFORMATION
|
No. of Employees : |
Not Divulged |
|
|
|
|
Bankers : |
Not Available |
|
|
|
|
Facilities : |
-- |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
Not Available |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Divulged |
|
Borrowed : |
Not Divulged |
|
Total : |
Not Divulged |
FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW BUSINESS
Note : Sole Proprietary and Partnership concerns are exempted
from filing their financials with the Government Authorities or Registry.
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 |
No |
|
12] |
Profitability for last
three years |
No |
|
13] |
Reasons for variation
<> 20% |
-- |
|
14] |
Estimation for coming financial
year |
Yes |
|
15] |
Capital in the business |
No |
|
16] |
Details of sister
concerns |
No |
|
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 |
No |
|
24] |
Banking facility details |
No |
|
25] |
Conduct of the banking
account |
-- |
|
26] |
Buyer visit details |
-- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if
applicable |
No |
|
29] |
Last accounts filed at
ROC |
No |
|
30] |
Major Shareholders, if
available |
No |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN 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 |
------------------------------------------------------------------------------------------------------------------------------
COST OF PROJECT
(RS. IN MILLIONS)
|
PARTICULARS |
Amount in
Millions |
|
|
|
|
Plant and Machinery |
6.621 |
|
|
|
|
Furniture and Fixtures |
5.000 |
|
|
|
|
P and P Expenses |
0.000 |
|
|
|
|
Stocks of Medicines/ Disposable Items |
2.500 |
|
|
|
|
Total |
14.121 |
------------------------------------------------------------------------------------------------------------------------------
MEANS OF FINANCE
(RS. IN MILLIONS)
|
PARTICULARS |
Amount in
Millions |
|
|
|
|
Promoters Contribution |
3.121 |
|
|
|
|
Reserve and Surplus |
0.000 |
|
|
|
|
Unsecured Loans |
0.000 |
|
|
|
|
Term loans |
|
|
From Bank |
8.500 |
|
Overdraft |
2.500 |
|
|
|
|
Total |
14.121 |
------------------------------------------------------------------------------------------------------------------------------
CALCULATION OF D.S.C.R.
(RS. IN MILLIONS)
|
PARTICULARS |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
|
|
|
|
|
|
|
|
|
Profit after tax |
1.430 |
3.521 |
4.288 |
4.635 |
5.054 |
5.517 |
5.900 |
|
|
|
|
|
|
|
|
|
|
Add: Depreciation |
1.493 |
1.493 |
1.301 |
1.134 |
0.988 |
0.861 |
0.751 |
|
|
|
|
|
|
|
|
|
|
Interest |
0.510 |
0.950 |
0.800 |
0.660 |
0.520 |
0.360 |
0.220 |
|
|
|
|
|
|
|
|
|
|
Total [A] |
3.433 |
5.964 |
6.389 |
6.429 |
6.562 |
6.739 |
6.870 |
|
|
|
|
|
|
|
|
|
|
Installment of TL payable |
0.000 |
1.214 |
1.214 |
1.214 |
1.214 |
1.214 |
1.214 |
|
|
|
|
|
|
|
|
|
|
Interest on Term Loan |
0.510 |
0.950 |
0.800 |
0.660 |
0.520 |
0.360 |
0.220 |
|
|
|
|
|
|
|
|
|
|
Total [B] |
0.510 |
2.164 |
2.014 |
1.874 |
1.734 |
1.574 |
1.434 |
|
|
|
|
|
|
|
|
|
|
D S C R [A/B] |
6.73 |
2.76 |
3.17 |
3.43 |
3.78 |
4.28 |
4.79 |
|
|
|
|
|
|
|
|
|
|
Average D S C R |
3.97 |
||||||
------------------------------------------------------------------------------------------------------------------------------
ESTIMATED PROFITABILITY
(RS. IN MILLIONS)
|
PARTICULARS |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
|
|
|
|
|
|
|
|
|
A. 1. Gross Revenue |
7.500 |
18.000 |
21.000 |
22.500 |
24.000 |
25.500 |
27.000 |
|
2. Increase/ Decrease in Stock |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
TOTAL |
7.500 |
18.000 |
21.000 |
22.500 |
24.000 |
25.500 |
27.000 |
|
|
|
|
|
|
|
|
|
|
B. DIRECT EXPENSES |
|
|
|
|
|
|
|
|
Material Consumed |
1.350 |
2.500 |
3.000 |
3.200 |
3.400 |
3.600 |
3.800 |
|
Salaries |
1.500 |
3.600 |
4.200 |
4.500 |
4.800 |
5.000 |
5.200 |
|
Electricity/ Water Charges |
0.360 |
0.540 |
0.600 |
0.750 |
0.800 |
0.900 |
1.000 |
|
Repairs and Maintenance |
0.450 |
0.600 |
0.780 |
0.840 |
0.900 |
1.000 |
1.100 |
|
Rent |
1.380 |
3.174 |
3.491 |
3.841 |
4.225 |
4.647 |
5.112 |
|
Telephone and Conveyance |
0.060 |
0.200 |
0.250 |
0.275 |
0.290 |
0.300 |
0.336 |
|
Sales and Administrative Expenses |
0.600 |
0.800 |
1.000 |
1.200 |
1.250 |
1.320 |
1.400 |
|
TOTAL |
5.700 |
11.414 |
13.321 |
14.606 |
15.665 |
16.767 |
17.948 |
|
|
|
|
|
|
|
|
|
|
Increase/ Decrease in Opening Stock |
-- |
2.200 |
3.000 |
3.500 |
4.000 |
4.400 |
4.800 |
|
|
|
|
|
|
|
|
|
|
Increase/ Decrease in Closing Stock |
2.200 |
3.000 |
3.500 |
4.000 |
4.400 |
4.800 |
5.200 |
|
|
|
|
|
|
|
|
|
|
C. GROSS PROFIT [A-B] |
4.000 |
7.386 |
8.179 |
8.394 |
8.735 |
9.133 |
9.452 |
|
|
|
|
|
|
|
|
|
|
[GP to Sales] [%] |
53.33 |
41.03 |
38.95 |
37.31 |
36.40 |
35.82 |
35.01 |
|
|
|
|
|
|
|
|
|
|
D. INTEREST |
0.600 |
1.250 |
1.100 |
0.960 |
0.820 |
0.660 |
0.520 |
|
Term Loan |
0.510 |
0.950 |
0.800 |
0.660 |
0.520 |
0.360 |
0.220 |
|
Working Capital |
0.090 |
0.300 |
0.300 |
0.300 |
0.300 |
0.300 |
0.300 |
|
Unsecured Loan |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
TOTAL |
3.400 |
6.136 |
7.079 |
7.434 |
7.915 |
8.473 |
8.932 |
|
|
|
|
|
|
|
|
|
|
E. Depreciation |
1.493 |
1.301 |
1.134 |
0.988 |
0.861 |
0.751 |
0.654 |
|
|
|
|
|
|
|
|
|
|
F. Operating Profit [C-D-E-F-G] |
1.907 |
4.835 |
5.945 |
6.446 |
7.054 |
7.722 |
8.278 |
|
|
|
|
|
|
|
|
|
|
[OP to Sales] [%] |
25.42 |
26.86 |
28.31 |
28.65 |
29.39 |
30.28 |
30.66 |
|
|
|
|
|
|
|
|
|
|
G. Non-operating Income |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Non-operating Income |
|
|
|
|
|
|
|
|
Less: Non-operating expenses |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
1. Loss on sale of fixed asset |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
2. Preliminary expenses w. off |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE TAX |
1.907 |
4.835 |
5.946 |
6.446 |
7.054 |
7.722 |
8.278 |
|
|
|
|
|
|
|
|
|
|
H. Income Tax |
0.477 |
1.314 |
1.657 |
1.811 |
2.000 |
2.205 |
2.378 |
|
|
|
|
|
|
|
|
|
|
I. NET PROFIT |
1.430 |
3.521 |
4.288 |
4.635 |
5.054 |
5.517 |
5.900 |
|
|
|
|
|
|
|
|
|
|
[NP to Sales] [%] |
19.07 |
19.56 |
20.42 |
20.60 |
21.06 |
21.64 |
21.85 |
|
|
|
|
|
|
|
|
|
|
J. Gross Cash Accruals |
2.923 |
4.822 |
5.422 |
5.623 |
5.915 |
6.268 |
6.554 |
|
|
|
|
|
|
|
|
|
|
K. Net Cash Accruals |
2.923 |
4.822 |
5.422 |
5.623 |
5.915 |
6.268 |
6.554 |
|
|
|
|
|
|
|
|
|
|
L. Retained Profit |
1.430 |
1.521 |
1.788 |
1.435 |
1.554 |
1.617 |
1.700 |
|
|
|
|
|
|
|
|
|
|
M. DSCR [Average] |
6.73 |
2.76 |
3.17 |
3.43 |
3.78 |
4.28 |
4.79 |
------------------------------------------------------------------------------------------------------------------------------
PROJECTED BALANCE SHEET
(RS. IN MILLIONS)
|
PARTICULARS |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Promoters Capital |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
|
|
|
|
|
|
|
|
|
|
Profit and Loss Account |
1.430 |
2.951 |
4.739 |
6.173 |
7.727 |
9.344 |
11.044 |
|
|
|
|
|
|
|
|
|
|
Unsecured Loans |
0.400 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Term loan |
8.500 |
7.286 |
6.072 |
4.858 |
3.644 |
2.430 |
1.216 |
|
|
|
|
|
|
|
|
|
|
Cash Credit Account |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
|
|
|
|
|
|
|
|
|
|
Sundry Creditors |
0.000 |
0.100 |
0.100 |
0.100 |
0.100 |
0.100 |
0.100 |
|
|
|
|
|
|
|
|
|
|
TOTAL |
15.951 |
15.958 |
16.532 |
16.752 |
17.092 |
17.495 |
17.981 |
|
|
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Fixed Assets |
11.621 |
11.621 |
11.621 |
11.621 |
11.621 |
11.621 |
11.621 |
|
|
|
|
|
|
|
|
|
|
Less: Depreciation |
1.493 |
2.795 |
3.929 |
4.917 |
5.779 |
6.529 |
7.184 |
|
|
|
|
|
|
|
|
|
|
Net Fixed Assets |
10.128 |
8.826 |
7.692 |
6.704 |
5.842 |
5.092 |
4.437 |
|
|
|
|
|
|
|
|
|
|
Loans and Advances |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
|
|
|
|
|
|
|
|
|
|
Investment |
0.000 |
0.200 |
0.400 |
0.500 |
0.700 |
1.000 |
1.100 |
|
|
|
|
|
|
|
|
|
|
Advance for materials |
0.200 |
0.300 |
0.500 |
0.700 |
0.900 |
1.200 |
1.400 |
|
|
|
|
|
|
|
|
|
|
Consumables stocks |
2.200 |
3.000 |
3.500 |
4.000 |
4.400 |
4.800 |
5.200 |
|
|
|
|
|
|
|
|
|
|
Sundry Debtors |
0.400 |
0.500 |
1.000 |
1.200 |
1.500 |
1.700 |
1.900 |
|
|
|
|
|
|
|
|
|
|
Cash and Bank Balance |
0.523 |
0.632 |
0.940 |
1.148 |
1.250 |
1.203 |
1.444 |
|
|
|
|
|
|
|
|
|
|
Preliminary Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
TOTAL |
15.951 |
15.958 |
16.532 |
16.752 |
17.092 |
17.495 |
17.981 |
|
|
|
|
|
|
|
|
|
|
Current Ratio |
1.33 |
1.70 |
2.28 |
2.71 |
3.10 |
3.42 |
3.82 |
|
|
|
|
|
|
|
|
|
|
Fixed Assets Coverage |
1.19 |
1.21 |
1.27 |
1.38 |
1.60 |
2.10 |
3.65 |
|
|
|
|
|
|
|
|
|
|
Debt Equity Ratio: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[Unsecured Loan is treated as Debt] |
1.96 |
1.20 |
0.77 |
0.52 |
0.34 |
0.19 |
0.09 |
|
|
|
|
|
|
|
|
|
|
[Unsecured loan is treated as equity] |
1.72 |
1.20 |
0.77 |
0.52 |
0.34 |
0.19 |
0.09 |
------------------------------------------------------------------------------------------------------------------------------
PROJECTED CASH FLOW STATEMENT
(RS. IN MILLIONS)
|
PARTICULARS |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
SOURCES OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Cash Accruals |
2.923 |
2.823 |
2.922 |
2.422 |
2.416 |
2.367 |
2.355 |
|
|
|
|
|
|
|
|
|
|
Increase in Promoters Contribution |
3.121 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase in Unsecured Loans [Quasi Capital] |
0.400 |
(0.400) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase in Term Loan |
8.500 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase in Working Capital Loan |
2.500 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase in Current Liabilities |
0.000 |
0.100 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
SUB-TOTAL [A] |
17.444 |
2.523 |
2.922 |
2.422 |
2.416 |
2.367 |
2.355 |
|
|
|
|
|
|
|
|
|
|
USES OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital Expenses for the Project |
11.621 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase in Investments |
2.500 |
0.200 |
0.200 |
0.100 |
0.200 |
0.300 |
0.100 |
|
|
|
|
|
|
|
|
|
|
Repayment of Term loans |
0.000 |
1.214 |
1.214 |
1.214 |
1.214 |
1.214 |
1.214 |
|
|
|
|
|
|
|
|
|
|
Increase in Current Assets |
2.800 |
1.000 |
1.200 |
0.900 |
0.900 |
0.900 |
0.800 |
|
|
|
|
|
|
|
|
|
|
P and P Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
SUB-TOTAL [B] |
16.921 |
2.414 |
2.614 |
2.214 |
2.314 |
2.414 |
2.114 |
|
|
|
|
|
|
|
|
|
|
Opening Balance |
0.000 |
0.523 |
0.632 |
0.940 |
1.148 |
1.250 |
1.203 |
|
|
|
|
|
|
|
|
|
|
Surplus / Deficit [A-B] |
0.523 |
0.109 |
0.308 |
0.208 |
0.102 |
(0.047) |
0.241 |
|
|
|
|
|
|
|
|
|
|
Closing Balance |
0.523 |
0.632 |
0.940 |
1.148 |
1.250 |
1.203 |
1.444 |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF TAX
(RS. IN MILLIONS)
|
PARTICULARS |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
|
|
|
|
|
|
|
|
|
Operating Profit |
1.907 |
4.835 |
5.945 |
6.446 |
7.054 |
7.722 |
8.278 |
|
|
|
|
|
|
|
|
|
|
Add: Depreciation as per SLM |
1.493 |
1.301 |
1.134 |
0.988 |
0.861 |
0.751 |
0.654 |
|
|
|
|
|
|
|
|
|
|
|
3.400 |
6.136 |
7.079 |
7.434 |
7.915 |
8.473 |
8.932 |
|
|
|
|
|
|
|
|
|
|
Less: Depreciation as per IT |
1.493 |
1.301 |
1.134 |
0.988 |
0.861 |
0.751 |
0.654 |
|
|
|
|
|
|
|
|
|
|
|
1.907 |
4.835 |
5.945 |
6.446 |
7.054 |
7.722 |
8.278 |
|
|
|
|
|
|
|
|
|
|
Add: Loss carried forward |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Taxable Income |
1.907 |
4.835 |
5.945 |
6.446 |
7.054 |
7.722 |
8.278 |
|
|
|
|
|
|
|
|
|
|
MAT |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Income Tax |
0.477 |
1.314 |
1.657 |
1.811 |
2.000 |
2.205 |
2.378 |
------------------------------------------------------------------------------------------------------------------------------
CALCULATION OF DEBT EQUITY RATIO
(RS. IN MILLIONS)
|
PARTICULARS |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
|
|
|
|
|
|
|
|
|
1. [Unsecured loan is treated as External Debt] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unsecured Loans |
0.400 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Term Loan |
8.500 |
7.286 |
6.072 |
4.858 |
3.644 |
2.430 |
1.216 |
|
|
|
|
|
|
|
|
|
|
Overdraft |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
|
|
|
|
|
|
|
|
|
|
Sundry Creditors |
0.000 |
0.100 |
0.100 |
0.100 |
0.100 |
0.100 |
0.100 |
|
|
|
|
|
|
|
|
|
|
TOTAL - A |
11.400 |
9.886 |
8.672 |
7.458 |
6.244 |
5.030 |
3.816 |
|
|
|
|
|
|
|
|
|
|
Internal Debt: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Promoters Contribution |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
|
|
|
|
|
|
|
|
|
|
Profit and loss Account |
1.430 |
2.951 |
4.739 |
6.173 |
7.727 |
9.344 |
11.044 |
|
|
|
|
|
|
|
|
|
|
TOTAL - B |
4.551 |
6.072 |
7.860 |
9.294 |
10.848 |
12.465 |
14.165 |
|
|
|
|
|
|
|
|
|
|
DEBT EQUITY RATIO: A/B |
2.50 |
1.63 |
1.10 |
0.80 |
0.58 |
0.40 |
0.27 |
|
|
|
|
|
|
|
|
|
|
2. [Unsecured loan
is treated as Quasi Capital]: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan |
8.500 |
7.286 |
6.072 |
4.848 |
3.644 |
2.430 |
1.216 |
|
|
|
|
|
|
|
|
|
|
Overdraft |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
2.500 |
|
|
|
|
|
|
|
|
|
|
Sundry Creditors |
0.000 |
0.100 |
0.100 |
0.100 |
0.100 |
0.100 |
0.100 |
|
|
|
|
|
|
|
|
|
|
TOTAL - A |
11.000 |
9.886 |
8.672 |
7.458 |
6.244 |
5.030 |
3.816 |
|
|
|
|
|
|
|
|
|
|
Internal Debt: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Promoters Contribution |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
|
|
|
|
|
|
|
|
|
|
Profit and loss Account |
1.430 |
2.951 |
4.739 |
6.173 |
7.727 |
9.344 |
11.044 |
|
|
|
|
|
|
|
|
|
|
Unsecured Loans |
0.400 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
TOTAL - B |
4.951 |
6.072 |
7.860 |
9.294 |
10.848 |
12.465 |
14.165 |
|
|
|
|
|
|
|
|
|
|
DEBT EQUITY RATIO: A/B |
2.22 |
1.63 |
1.10 |
0.80 |
0.58 |
0.40 |
0.27 |
------------------------------------------------------------------------------------------------------------------------------
KEY RATIOS
(RS. IN MILLIONS)
|
PARTICULARS |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
|
|
|
|
|
|
|
|
|
Net Sales |
7.500 |
18.000 |
21.000 |
22.500 |
24.000 |
25.500 |
27.000 |
|
|
|
|
|
|
|
|
|
|
Profit before Interest, Depreciation and
Taxes |
4.000 |
7.386 |
8.179 |
8.394 |
8.735 |
9.133 |
9.452 |
|
|
|
|
|
|
|
|
|
|
Profit before Taxes |
1.907 |
4.835 |
5.945 |
6.446 |
7.054 |
7.722 |
8.278 |
|
|
|
|
|
|
|
|
|
|
Profit after Taxes |
1.430 |
3.521 |
4.288 |
4.635 |
5.054 |
5.517 |
5.900 |
|
|
|
|
|
|
|
|
|
|
Net Cash Accruals |
2.923 |
4.822 |
5.422 |
5.623 |
5.915 |
6.268 |
6.554 |
|
|
|
|
|
|
|
|
|
|
Capital |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
3.121 |
|
|
|
|
|
|
|
|
|
|
Unsecured Loan [Quasi Capital] |
0.400 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Reserves and Surplus |
1.430 |
2.951 |
4.739 |
6.173 |
7.727 |
9.344 |
11.044 |
|
|
|
|
|
|
|
|
|
|
Tangible Networth |
4.551 |
6.072 |
7.860 |
9.294 |
10.848 |
12.465 |
14.165 |
|
|
|
|
|
|
|
|
|
|
Net Fixed Assets |
10.128 |
8.826 |
7.692 |
6.704 |
5.842 |
5.092 |
4.437 |
|
|
|
|
|
|
|
|
|
|
Long term Liabilities |
8.500 |
7.286 |
6.072 |
4.858 |
3.644 |
2.430 |
1.216 |
|
|
|
|
|
|
|
|
|
|
PBIT / Sales (%) |
53.33% |
41.033% |
38.953% |
37.313% |
36.403% |
35.823% |
35.013% |
|
|
|
|
|
|
|
|
|
|
PAT / Sales (%) |
19.10% |
19.563% |
20.423% |
20.603% |
21.063% |
21.643% |
21.853% |
|
|
|
|
|
|
|
|
|
|
Dividend / Profit (%) |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
|
Retained Profit / Profit (%) |
100% |
433% |
423% |
313% |
313% |
293% |
293% |
|
|
|
|
|
|
|
|
|
|
TOL / TNW |
1.96 |
1.20 |
0.77 |
0.52 |
0.34 |
0.19 |
0.09 |
|
|
|
|
|
|
|
|
|
|
Debt Equity Ratio: |
|
|
|
|
|
|
|
|
[Unsecured Loan treated as equity] |
2.50 |
1.63 |
1.10 |
0.80 |
0.58 |
0.40 |
0.27 |
|
|
|
|
|
|
|
|
|
|
[Unsecured Loan treated as loan] |
2.22 |
1.63 |
1.10 |
0.80 |
0.58 |
0.40 |
0.27 |
|
|
|
|
|
|
|
|
|
|
Current Ratio |
1.33 |
1.70 |
2.28 |
2.71 |
3.10 |
3.42 |
3.82 |
|
|
|
|
|
|
|
|
|
|
Fixed Asset Coverage |
1.19 |
1.21 |
1.27 |
1.38 |
1.60 |
2.10 |
3.65 |
|
|
|
|
|
|
|
|
|
|
Debt Service Coverage Ratio |
6.73 |
2.76 |
3.17 |
3.43 |
3.78 |
4.28 |
4.79 |
|
|
|
|
|
|
|
|
|
|
Earnings per Share |
5.72 |
14.08 |
17.15 |
18.54 |
20.21 |
22.07 |
23.60 |
|
|
|
|
|
|
|
|
|
|
Book value of Share |
18.20 |
24.29 |
31.44 |
37.18 |
43.39 |
49.86 |
56.66 |
|
|
|
|
|
|
|
|
|
|
Break Even Turnover [For 2nd Year of Operation] |
10.973 |
||||||
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
DR. ANANT MAROTI NAGRALE
(RS. IN MILLIONS)
|
PARTICULARS |
Amount in
Millions |
|
|
|
|
ASSETS |
|
|
Jewellery [Approx. value as per prevailing Market
Rate] |
0.500 |
|
|
|
|
Capital [As on 30.09.2014] |
4.002 |
|
|
|
|
Total Assets |
4.502 |
|
|
|
|
LIABILITIES |
|
|
|
|
|
Total Liabilities |
0.000 |
|
|
|
|
NETWORTH |
4.502 |
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT
(GENERAL DETAILS)
|
Regarding |
Valuation of a Residential Flat [Under
Construction] |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Name of the Applicant’s |
Mrs. Padma Kadam Ms. Pooja Kadam Ms. Ruchika Kadam |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Name of the Seller’s |
M/s. Lokhandwala Construction Indus Private
Limited |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Phone No. of Applicant |
91-9769666829 |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Address of the Property |
Flat No. 201, 2nd Floor, Tower
III, “Spring Grove Building No. 2”, Lokhandwala Complex, Akurli Road,
Kandivali [East], Mumbai – 400101 |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
CTS No. |
171/ 14/ 60 |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Current Possession with |
Builders |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Latitude and Longitude |
Latitude = 180 55’ N Longitude = 720 54’ E |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Type of the Property |
Residential Flat [Under Construction] |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Requested by |
1) Manager – Bank of India, Nariman Point Branch 2) Mrs. Padma Kadam 3) Ms. Pooja Kadam 4) Ms. Ruchika Kadam |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Date of Inspection |
10.09.2014 |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Survey in presence of |
Dr. Anant Maroti Nagrele |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Purpose of Valuation |
To ascertain fair market value of the
property |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Location |
Lokhandwala Complex, Akurli Road, Kandivali
(East) |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Type of Locality |
Residential |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Class |
Middle Class |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Nearest Station |
Kandivali [East] |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Distance from Station |
About 2.0 Kms. |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Civic Amenities |
Available nearby |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Landmark |
Lokhandwala Circle [Central Mall] |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Building Details |
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Type of Land |
Non-Agricultural |
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Plot Boundaries |
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Type of Construction – Ownership/ Tenanted |
Ownership |
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Type of Structure |
RCC frame + Brickwall Partitions |
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No. of Floors in Building |
G + 2 Podiums + 18 Upper Floors |
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No. of Lifts |
2 Nos. (Proposed) |
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Flat Details |
Bedroom – 2, Hall – 1, Kitchen – 1, Toilet –
1, Bath – 1 |
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Floor [This Property] |
2nd Floor |
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Type of Flat |
2 BHK |
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Saleable Area |
929 Sq. ft. [Built-up area] |
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Built-up Area |
929 Sq. ft. |
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Carpet Area |
774 Sq. ft. [As per agreement] |
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Completeness of Project |
At present 70% work completed |
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Exterior |
Acrylic Paint [Proposed] |
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Interior [Proposed] |
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Quality of Construction |
Good |
||||||||||||||||||||||||||
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Under Construction |
Yes |
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Complete |
No |
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Age of the property |
Under Construction – 70% work completed |
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Estimated Residual / Future/ Balance life |
About 60 years with proper and preventive
maintenance [After Completion] |
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Ind. Building/ Complex of |
Individual Tower |
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Separate Compound Wall |
Yes [Proposed] |
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Garden |
No [Proposed] |
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Paving around the Building |
Chequered tiles [Proposed] |
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Car Parking |
Podium space for car parking |
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Maintenance/ First Impression |
Good |
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Plans approved by |
MCGM |
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Society Registration No. |
Not yet registered |
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Property Tax |
Details not available |
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Water Availability |
Municipal Water [Proposed] |
||||||||||||||||||||||||||
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Compliance to sanctioned plans |
Sanctioned plans not made available, hence
this cannot be ascertained |
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Valuation Method |
Composite Rate Method |
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Valuation |
The market value obtained in this report is defined
as follows: Market value is the estimated amount for which an asset should
exchange on the date of valuation between a willing buyer and a willing
seller in an Arm’s length transaction after proper marketing wherein the
parties had each acted knowledgeably and without compulsion. [As defined by
the International Valuation Standards Committee, London]. Thus the
characteristics of the Market Values are: a) It is a free will sale b) It is an estimated amount and not a predetermined or an actual sale
prices. c) It is time-specific as on the given date. d) It depends on purpose of valuation. e) Buyer and seller are actuated by Business principles. They are
unrelated and are acting independently. f) Asset would be exposed to the market in the most appropriate manner to
effect its disposal at the best price possible. |
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Remarks if any |
At the time of inspection internal photos
and measurements were not allowed. Podium Car Parking No. 211 |
||||||||||||||||||||||||||
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|
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Current Fair Market Rate |
Rs. 16000/- Per Sq. ft. on Built-up Area |
||||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||||
|
Current Fair Market Value |
929 Sq. ft. X Rs. 16000/- = Rs. 14.864
Millions [After Completion] At present 70% work completed i.e. 0.70 X Rs. 14.864 Millions = Rs. 10.405
Millions [Present Stage Value] |
||||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||||
|
Realizable Value |
The value Realizable by the bank is
generally less than the market value because of various factors such as mode
of payment [strictly by cheque]. Limitations of effective marketing, costs
involved in the process of the sale etc. The percentage variation between RV
and MV depends on various factors such as urban or rural property, user and
location of the property etc. In their opinion, considering these aspects,
10% reduction will be appropriate. They are therefore discounting 10% in the
Fair Market Value. |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Realizable Value [After Completion] |
90% X Rs. 14.864 Millions = Rs. 13.378
Millions |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Distress Sale Value |
It means the amount which may reasonably be
expected to be obtained from the sale of a property in which one of more characteristics
of the definition of market value is not satisfied. The seller may be an
unwilling seller and the buyer may be motivated by the knowledge of the
disadvantage the seller suffers from. Due to this they are discounting the
above value by 20%. |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Distress Sale Value [After Completion] |
80% X Rs. 14.864 Millions = Rs. 11.891
Millions |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Basis for recommended rate |
Location, quality of construction, residual life
of the building, supply, demand, local enquires, market feedback of
investigations etc. |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Suggested sum assured for Fire Insurance
cover [Replacement Cost] |
The Fire Insurance needs to be purchased on ‘Replacement’
or Reinstatement basis. It means one can get ‘New for old’ property destroyed
by Fire, Earthquake etc. Land component has to be deducted from total value
and only cost of New construction has to be considered in deciding the Sum
insured. i.e. Rs. 1.850 Millions |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Government Value |
Rs. 8027/- per Sq. ft. on Built-up area Rs. 7.457 Millions [Year 2014] |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Reason for deviations if any |
Registrar’s rates are for normal properties and
they do not consider amenities, location, Vastu-shastra compliance, proximity
to a temple, a school and college etc. |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Special features that add to value |
Nil |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Agreement |
Date: 15.09.2012 Amount: Rs. 10.114 Millions |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Documents seen |
Agreement Copy |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Registration Date |
25.09.2012 |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Registration No. |
08251-2012 with the office of Sub Registrar
Borivali – 1 |
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|
|
|
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|
Village |
Akurli |
||||||||||||||||||||||||||
|
|
|
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|
Registrar’s Value |
Rs. 8.160 Millions [Year 2012] |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Receipt No. |
8322 |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Agreement between |
Purchaser – Mrs. Padma Kadam, Ms. Pooja
Kadam and Ms. Ruchika Kadam Seller – M/s. Lokhandwala Construction Indus
Private Limited |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Any Negative features |
Nil |
||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||
|
Considering the location, condition,
maintenance and use of the building, FAIR MARKET VALUE of the property is
considered at Rs. 14.864 Millions [After Completion]. PRESENT STAGE VALUE [At Present 70% work
completed] at Rs. 10.405 Millions. a) The Valuation is based on the site visit and the information given by
the party. b) Sanctioned building plan from competent authority was not made
available for their perusal at the time of inspection. c) The valuation is subject to clear and marketable title and adequacy of
engineering / structural design. d) Emphasis of this report is on the value of the property and not on the
area measurement or title verification of the property and is based on market
rate, at the time of issuing the report. e) This valuation report will remain valid only for the purpose for which
it is made. Market value is defined elsewhere in this report. f) This value can go down in case of a forced sale. However, it is
possible to fetch a higher price in case needy buyer is found. g) I have no interest on assets valued. This report does not deal with
ownership issues. h) This report is issued on actual inspection to the best of my knowledge
and ability and is without prejudice. i) Encumbrances of Loan, Government or other dues, stamp duty, registration
charges, transfer charges etc. if any, are not considered in the valuation.
This report presumes that the assets are free of encumbrances. j) They have valued the correct property as per address furnished in the
registered agreement dated 15.09.2012. |
|||||||||||||||||||||||||||
------------------------------------------------------------------------------------------------------------------------------
PROJECT REPORT
THE BACKGROUND:
Today, the city of Mumbai, with a population of over 126 lacs has become
one of the most crowded cities in world. There is an exponential increase in
environmental pollution and occupational health hazards. The food stuffs are
largely adulterated, drinking water supply becoming scare and unsafe for
consumption and lastly industries and automobiles have increased the
atmospheric air pollution to an alarmingly unsafe levels. This has led to a
steep fall in health standards of the people. There is a need for an early
accurate diagnosis and proper treatment of diseases, especially after the
growing awareness of sound health in the mind of the public.
HEALTH CARE SCENE
- A COMPARISON
Comparison between various developed and developing countries in respect
of Hospital Bed to population Ratio, lnfant Mortality, Expectancy of Life and
Birth Rates etc., bring out the inadequacy of the health care in INDIA. Better
and quality health care is to be made available to one and all by the
Government and Private agencies. The ability of Government owned hospitals to
render quality medical services to all has decreased because of the population
growth. The bed to population ratio in India is 1: 1238 compared to 1:92 in
Japan, 1:150 in USA and 1:350 in Sri Lanka. Joseph Bhore committee appointed by
the Government of India to go into the various aspects of medical care in India
and to suggest remedies, has recommended agencies in the Government and Private
Sector to increase the bed to population ratio to at least 567:1000
NATIONAL HEALTH
POLICY and PRIVATE HEALTH CARE:
National Health Policy of India was aiming to attain the goal of
"Health ' For All" by 2000 AD, which it could not. As the
concentration of the Government is on providing primary health care and
preventive treatment, the curative care rests mostly with the private sector
with all practitioners, consultants, Nursing Homes, and Hospitals. The delivery
of advanced health care to the growing population has become the responsibility
of the Private Sector, religious institution s / philanthropists.
DEPARTMENTS/
FACILITIES:
Following disciplines / facilities should be accommodated in the OPD:
1)
Medicine:
a)
General Medicine
b)
Chest and TB
2)
Surgery:
a)
General Surgery
b)
Laparoscopic Surgery
3)
Obstetrics and Gynecology
4)
Orthopedics
5)
Pediatrics
6)
ENT
7)
Dermatology
8)
Urology
9)
Gastroenterology
10)
Blood Collection Room
NOTE: Some special
clinics - such as - Diabetic Clinic, Blood Pressure Clinic, Thyroid Clinic,
Well baby clinic will be run in same rooms at designated time and day.
SUPPORT SERVICES:
Following Support
Services shall be provided:
1)
Operation Theatre Block
2)
One Minor OT
3)
Radiology (Conventional X-Ray and Mobile X-ray)
4)
Blood Collection Centre
5)
Central Medical Gases
6)
Pharmacy Shop
7)
Kitchen / Canteen
8)
Biomedical Waste Management (SMS Services)
9)
Generator
This will comprise of hospital kitchen for preparation and distribution
of general, special and therapeutic diets to the patients and commercial
catering for ambulatory patients, their relatives and staff, medical services
for management of hospital informatics including filing and retrieval of
outpatient records and statistical evaluation of hospital performance; medical
and general store for inventory management of hospital supplies and their
distribution to the areas of patient care.
HOSPITAL SERVICES:
The hospital will
have the following three major services:
1)
EMERGENCY SERVICES
2)
OUTPATIENT SERVICES
3)
INPATIENT SERVICES
In the EMERGENCY SERVICES (EMR),
which will be operating round the clock, there will be qualified medical and
paramedical staff to attend to any emergency, including trauma cases, which is
increasing in the region every day. There will be well equipped emergency
operation theatre, with the facilities for general / special surgical
procedures. Round the clock X-ray and Laboratory services are attached to the
emergency services.
In the OUTPATIENT SERVICES (OPD),
specialist consultation facility will be available throughout the week or on
specified days both in the morning and evening. The patient services will be
ably supported by diagnostic services and laboratory services.
In the INPATIENT SERVICES (lPD),
facilities will be made available for all Surgical and Medical cases, except in
the case of infectious / communicable diseases. The super specialty cases like Cardio-Thoracic
Surgery, Micro Neuro-Surgery, Renal Transplant Surgery, etc. will be referred
to big hospitals in the city / region. Special equipment will be made available
for Pediatric and Neonatology inpatients and also for ICU/CCU.
DIAGNOSTIC FACILITIES:
RADIOIOGY
DEPARTMENT: X-Ray imaging plays an important role among various imaging modalities.
They propose to have a well-equipped X-ray Department to cater to the needs of
Traumatology and other hospital departments. There will be a high powered X-ray
system with an image intensifier TV facility to do all the special
investigations. This will help to reduce the patient radiation dosage while
screening and also carryout various procedures. There will be another Portable
X-ray Machine to take care of needs of the critically ill patients in
ICU/ICU/OT etc. A mobile C-arm image intensifier is also planned for this
department.
BLOOD COLLECTION
CENTRE
Video Endoscopy will be provided as an outpatient procedure in the field
of Gastroenterology.
The Engineering
Services: Engineering services of the hospital will comprise of a sub-station for
maintenance of electric supply to the hospital; public health services for
water supply, sanitation and fire protection and firefighting systems, space
heating, ventilation and air-conditioning for environmental management of
essential areas in the hospital including intensive care, critical and
operative care areas, selected intermediate care areas and laboratories. Solar
heater with water boiler for hot water supply during winters along with Rain
Water harvesting system will be part of the project. Sewage Treatment is to be
done before flushing it to municipal system.
Communication services comprising of integrated network of EPABX, public
address and nurse call system; medical gases and vacuum services to provide
un-interrupted supply of Oxygen and Nitrous oxide, and central vacuum to
intensive, critical and operative area Diesel Generators and Invertors / UPS
will be provided to supply uninterrupted power to all areas especially to
critical floor'
Administrative
Services: This will consist of accommodation for the Chief Executive, Medical and
Nursing administrators; Personnel, financial and materials management,
computerized hospital information and ancillary accommodation for transport,
security, fire, housekeeping and building maintenance staff.
LIST OF MAJOR
EQUIPMENT:
SERVICE EQUIPMENT:
1)
Air-conditioners
2)
Oxygen
3)
Sterilizers / Autoclaves
4)
Electrical Transformer, Generator and Electrical
Fittings
5)
Electronic Telephone Exchange
6)
Firefighting Equipment
7)
Kitchen
MEDICAL EQUIPMENT
· X-ray Machines (Conventional and Mobile) and Dark Room Accessories
· Mobile Image intensifier (C-Arm Machine)
· ECG Machines, Defibrillators, Nebulisers etc.
· Patient Monitoring Equipment
· Ventilators
· Infusion Pumps/ Syringe Pumps
· Theatre Equipment for 2 Theatres (OT Lights, Tables etc.)
· Anaesthesia Machines
· Operation Microscope
· Video Endoscopes
· Hospital Beds and Furniture
· Nursery Equipment’s (Phototherapy, Radiant warmers etc.)
· Surgical Instruments and other Miscellaneous items
REQUIREMENT OF CLEAN
CASH CREDIT LIMIT
They estimate following operational monthly expenses:
|
PARTICULARS |
Rs. in Millions |
|
|
|
|
Material |
0.200 |
|
Salaries |
0.300 |
|
Electricity Charges |
0.045 |
|
Repairs and Maintenance |
0.050 |
|
Rent |
0.250 |
|
Miscellaneous Expenses |
0.067 |
|
|
|
|
Total |
0.912 |
Based on 3 months cycle these above said expenses would be 2.750 Millions, so they request to grant a Clean Cash Credit Limit of Rs. 2.500 Millions.
COST OF FURNITURE AND
FIXTURES
|
PARTICULARS |
Rs. in Millions |
|
|
|
|
Plumbing |
0.318 |
|
Carpentry |
2.502 |
|
False Ceiling |
0.228 |
|
Electrical |
0.993 |
|
Paint |
0.339 |
|
Seating [Chairs] |
0.051 |
|
|
|
|
Total |
4.431 |
|
|
|
|
VAT 8% on Project Cost |
0.354 |
|
|
|
|
12.36% Service Tax on 40% |
0.219 |
|
|
|
|
TOTAL AMOUNT |
5.004 |
COST OF MEDICINES AND
DISPOSABLE ITEMS
Approximate cost of Medicine and disposable stocks will be Rs. 2.500 Millions. Total Cost of Project would be Rs. 14.125 Millions.
------------------------------------------------------------------------------------------------------------------------------
BANK FINANCE REQUIRED
(RS. IN MILLIONS)
|
PARTICULARS |
Amount in
Millions |
|
|
|
|
Term Loan |
8.500 |
|
|
|
|
C.C. [Clean] |
2.500 |
|
|
|
|
Total |
11.000 |
------------------------------------------------------------------------------------------------------------------------------
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 records 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. 61.16 |
|
|
1 |
Rs. 98.62 |
|
Euro |
1 |
Rs. 77.67 |
INFORMATION DETAILS
|
Information Gathered
by : |
SVA |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
BVA |
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.