MIRA INFORM REPORT
|
Report No. : |
315245 |
|
Report Date : |
01.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
TRANS TECH TURNKEY PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
101, Mayfair Tower II, Wakdewadi, Shivaji Nagar, Pune-411005, Maharashtra |
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Country : |
India |
|
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|
Financials (as
on) : |
31.03.2013 |
|
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|
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Date of
Incorporation : |
25.06.2002 |
|
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|
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Com. Reg. No.: |
11-017079 |
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Capital
Investment / Paid-up Capital : |
Rs. 20.000 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U29299PN2002PTC017079 |
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|
|
IEC No.: |
Not Available |
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|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
PAN No.: [Permanent Account No.] |
AABCT7349D |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject offers EPC services ranging from design and civil construction to mechanical, electrical, and plumbing work. It has two business segments: large scale turnkey (LSTK), and heating, ventilation, and air conditioning (HVAC). |
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|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
B (29) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
|
Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having moderate track. Management of the company has failed to file latest financial with
government department for FY 2014. As per available financials of 2013, there is a significant decrease in
the profits of the company. The rating also takes note of the unfavorable gap between trade
receivables and payables of the company during FY2013. However, trade relation are reported to be fair. Business is active.
Payment terms are reported to be unknown. The company can be considered for business dealings with some caution. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
Long-Term Rating BB+ |
|
Rating Explanation |
Inadequate credit quality and high credit
risk |
|
Date |
08.10.2013 |
|
Rating Agency Name |
CRISIL |
|
Rating |
Short-Term Rating A4+ |
|
Rating Explanation |
Minimal degree of safety and very high
credit risk |
|
Date |
08.10.2013 |
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 BY
|
Name : |
Ms. Neelam |
|
Designation : |
Admin Manager |
|
Contact No.: |
91-22-26836029 |
|
Date : |
28.03.2015 |
LOCATIONS
|
Registered Office : |
101, Mayfair Tower II, Wakdewadi, Shivaji Nagar, Pune-411005, Maharashtra, India |
|
Tel. No.: |
91-20-66214444 |
|
Fax No.: |
91-20-66012788 |
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E-Mail : |
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|
Website : |
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Branch Office : |
KOLKATA 708, Central Plaza, 2/6, Sarat Bose Road, Kolkata-700020, West Bengal, India Tel No.: 91-33-24190781 Fax No.: 91-33-24190784 MUMBAI B/3, Ground Floor, Labella Cooperative Housing Society, Azad Road, Opposite Laxmi Vilash Bank, Andheri (East), Mumbai400069, Maharashtra, India Tel No.: 91-22-26836029 Fax No.: 91-22-26841119 OMAN Tamiar Trans Tech LLC, P. O Box 1025, PC 112, Ruwi Sultanate Oman Tel No.: +968-2470-3041 Fad No.: +968-2470-3021 |
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|
|
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Material Handling
Division (Works) : |
B-26, 2nd phase, Industrial Area, Adityapur, Jamshedpur-832109, Jharkhand, India |
DIRECTORS
As on 31.03.2014
|
Name : |
Mr. Suranjankumar Santosh Chatterjee |
|
Designation : |
Director |
|
Address : |
10-Prasanna 912 Shivaji Nagar, Pune – 411004, |
|
Date of Birth/Age : |
27.10.1953 |
|
Qualification : |
IIT |
|
Date of Appointment : |
25.06.2002 |
|
DIN No.: |
01112079 |
|
PAN No.: |
AEFPC2862R |
|
|
|
|
Name : |
Mr. Ulhas Vasant Pradhan |
|
Designation : |
Director |
|
Address : |
5-6 Anant CTS No. 120 6/A, |
|
Date of Birth/Age : |
10.08.1951 |
|
Qualification : |
IIT |
|
Date of Appointment : |
25.06.2002 |
|
DIN No.: |
00132349 |
|
PAN No.: |
ABJPP6467C |
|
|
|
|
Name : |
Mr. Alokendranath Santijiban Ghosh |
|
Designation : |
Director |
|
Address : |
9-Marvel Residency, |
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Date of Birth/Age : |
01.01.1962 |
|
Qualification : |
Diploma in Electrical Engineering |
|
Date of Appointment : |
25.06.2002 |
|
DIN No.: |
00139306 |
|
PAN No.: |
AFCPG6689J |
KEY EXECUTIVES
|
Name : |
Mr. Atanu Monotosh Guha |
|
Designation : |
Manager |
|
Address : |
195, N S Road, Block A-12, Flat 204, Sugam Park, Narendrapur,, Kolkata, 700103, West Bengal, India |
|
Date of Appointment : |
10.11.2009 |
|
PAN No.: |
AFDPG9722K |
|
|
|
|
Name : |
Ms. Neelam |
|
Designation : |
Admin Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 05.12.2013
|
Names of Shareholders |
No. of Shares |
Percentage |
|
Suranjankumar Santosh Chatterjee |
50000 |
25.00 |
|
Ulhas Vasant Pradhan |
50000 |
25.00 |
|
Sugato Himanshu Mujumdar |
39725 |
19.86 |
|
Alokendranath Santijiban Ghosh |
50000 |
25.00 |
|
Transtech Chemicals Private Limited, India |
10275 |
5.14 |
|
Total |
200000 |
100.00 |
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Bodies corporate |
5.14 |
|
Directors or relatives of Directors |
94.86 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject offers EPC services ranging from design and civil construction to mechanical, electrical, and plumbing work. It has two business segments: large scale turnkey (LSTK), and heating, ventilation, and air conditioning (HVAC). |
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Products : |
Not Available |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Not Divulged |
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Purchasing : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Not Divulged |
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Bankers : |
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Facilities : |
(Rs.
In Million)
|
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Auditors : |
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|
Name : |
A.
A. Mehendale and Company Chartered Accountants |
|
Address : |
Flat No. 9, Ajit Society, Happy Colony, Lane No. 4, Kothrud, Pune –
411029, |
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Pan No.: |
ABRPM2822N |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Others Related Parties: |
Transtech Chemicals Private Limited CIN No.: U24119PN1999PTC013415 |
CAPITAL STRUCTURE
As on 05.12.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
200,000 |
Equity Shares |
Rs.100/- each |
Rs.20.000 million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
200,000 |
Equity Shares |
Rs.100/- each |
Rs.20.000 million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES
OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
20.000 |
20.000 |
20.000 |
|
(b) Reserves & Surplus |
300.994 |
270.739 |
191.973 |
|
(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) |
320.994 |
290.739 |
211.973 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
51.992 |
61.778 |
41.592 |
|
(b) Deferred tax liabilities
(Net) |
2.450 |
2.433 |
1.473 |
|
(c) Other long term
liabilities |
222.157 |
327.355 |
268.830 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
276.599 |
391.566 |
311.895 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
389.961 |
183.656 |
141.798 |
|
(b) Trade payables |
402.398 |
469.250 |
363.769 |
|
(c) Other current liabilities |
333.653 |
262.094 |
109.132 |
|
(d) Short-term provisions |
44.496 |
38.436 |
104.561 |
|
Total
Current Liabilities (4) |
1170.508 |
953.436 |
719.260 |
|
|
|
|
|
|
TOTAL |
1768.101 |
1635.741 |
1243.128 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
152.104 |
166.449 |
112.489 |
|
(ii) Intangible Assets |
0.678 |
1.130 |
1.530 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
0.499 |
0.699 |
0.699 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
153.281 |
168.278 |
114.718 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
2.705 |
2.770 |
4.986 |
|
(b) Inventories |
661.314 |
514.920 |
29.825 |
|
(c) Trade receivables |
334.635 |
549.574 |
692.460 |
|
(d) Cash and cash equivalents |
116.617 |
94.713 |
152.896 |
|
(e) Short-term loans and
advances |
412.770 |
263.174 |
149.870 |
|
(f) Other current assets |
86.779 |
42.312 |
98.373 |
|
Total
Current Assets |
1614.820 |
1467.463 |
1128.410 |
|
|
|
|
|
|
TOTAL |
1768.101 |
1635.741 |
1243.128 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
|
|
|
|
|
SALES
TURNOVER |
2288.700 |
2003.300 |
1700.800 |
|
|
|
|
|
|
|
Less |
EXPENSES |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
66.800 |
139.700 |
139.500 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
23.000 |
20.100 |
19.900 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
43.800 |
119.600 |
119.600 |
|
|
|
|
|
|
|
Less |
TAX |
13.500 |
40.900 |
39.900 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
30.300 |
78.700 |
79.700 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
151.50 |
393.50 |
398.50 |
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
Net Profit Margin (PAT / Sales) |
(%) |
1.32 |
3.93 |
4.69 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.48 |
7.31 |
9.62 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.14 |
0.41 |
0.56 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.38 |
0.84 |
0.87 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.38 |
1.54 |
1.57 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Share Capital |
20.000 |
20.000 |
20.000 |
|
Reserves & Surplus |
191.973 |
270.739 |
300.994 |
|
Net
worth |
211.973 |
290.739 |
320.994 |
|
|
|
|
|
|
long-term borrowings |
41.592 |
61.778 |
51.992 |
|
Short term borrowings |
141.798 |
183.656 |
389.961 |
|
Total
borrowings |
183.390 |
245.434 |
441.953 |
|
Debt/Equity
ratio |
0.865 |
0.844 |
1.377 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
1700.800 |
2003.300 |
2288.700 |
|
|
|
17.786 |
14.246 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
1700.800 |
2003.300 |
2288.700 |
|
Profit |
79.700 |
78.700 |
30.300 |
|
|
4.69% |
3.93% |
1.32% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info
Agents |
Available in Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact person |
Yes |
|
11] |
Turnover of firm for last three years |
Yes |
|
12] |
Profitability for last three years |
Yes |
|
13] |
Reasons for variation <> 20% |
---------------------- |
|
14] |
Estimation for coming financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister concerns |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
---------------------- |
|
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 |
No |
|
30] |
Major Shareholders, if available |
Yes |
|
31] |
Date of Birth of Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
Yes |
(Rs.
In Million)
|
UNSECURED LOAN |
As
on 31.03.2013 |
As
on 31.03.2012 |
|
Long Term
Borrowing |
|
|
|
Rupee term loans from banks |
6.346 |
15.009 |
|
Rupee term loans from others |
6.115 |
4.350 |
|
Short Term
Borrowing |
|
|
|
Loans repayable on demand |
389.961 |
183.656 |
|
Total |
402.422 |
203.015 |
INDEX OF CHARGES
|
.No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN) |
|
1 |
10338507 |
12/02/2013 * |
27,400,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra
- 400013, INDIA |
B68449602 |
|
2 |
10461094 |
13/12/2011 |
6,757,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, Gujarat - 390015, INDIA |
B68216092 |
|
3 |
10323167 |
07/12/2011 |
831,697.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra
- 400013, INDIA |
B27875517 |
|
4 |
10316300 |
16/09/2011 |
854,950.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra
- 400013, INDIA |
B24802530 |
|
5 |
10316301 |
16/09/2011 |
1,031,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra
- 400013, INDIA |
B24802605 |
|
6 |
10316302 |
16/09/2011 |
3,100,947.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra
- 400013, INDIA |
B24802662 |
|
7 |
10309067 |
29/01/2013 * |
700,000,000.00 |
ORIENTAL BANK OF COMMERCE |
917-20/20A, OBC TOWER, FERGUSSON COLLEGE ROAD, PUNE, Maharashtra -
411004, INDIA |
B68071430 |
|
8 |
10237368 |
29/07/2010 |
1,674,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra
- 400013, INDIA |
A93957322 |
|
9 |
10237365 |
29/07/2010 |
2,400,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra
- 400013, INDIA |
A93957124 |
|
10 |
10228430 |
07/07/2010 |
1,625,150.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra
- 400013, INDIA |
A89599906 |
* Date of charge modification
FIXED ASSETS
- Office Premises
- Vehicle
- Land
- Engineering Equipments
- Office Equipments
- Guest House Equipments
- Computer and Software
- Furniture
- Electrical Installation
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.62.59 |
|
|
1 |
Rs.92.45 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
|
Information Gathered
by : |
NYA |
|
|
|
|
Analysis Done by
: |
SUM |
|
|
|
|
Report Prepared
by : |
JYTK |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER
|
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
29 |
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.