MIRA INFORM REPORT
|
Report No. : |
316622 |
|
Report Date : |
10.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
WAPRO ENGINEERS |
|
|
|
|
|
|
Registered
Office : |
Sun Moon Industrial Park, C-2/3-4, Opposite Jain Temple, Near Kaman
Railway Station, Vasai [East], Thane – 401202, Maharashtra |
|
|
Tel. No.: |
Not Available |
|
|
|
|
|
|
Country : |
India |
|
|
|
|
|
|
Financials (as
on) : |
31.03.2015 (Provisional) |
|
|
|
|
|
|
Year of
Establishment : |
1996 |
|
|
|
|
|
|
Capital
Investment : |
Rs. 27.072 Million |
|
|
|
|
|
|
PAN No.: [Permanent Account No.] |
AATPJ6707E |
|
|
|
|
|
|
Legal Form : |
Sole Proprietary Concern |
|
|
|
|
|
|
Line of Business
: |
Manufacturer and Trader of Construction Chemicals like Waterproofing,
Screeds (Ready Mix), Micro Concrete, Tile and Stone Adhesives, Restoration
Mortars, etc. |
|
|
|
|
|
|
No. of Employees
: |
32 (9 in Office and 23 in Factory) (Approximately) |
|
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (49) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
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|
|
|
Litigation : |
Clear |
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|
|
|
Comments : |
Subject is an established proprietary concern having satisfactory
track record. General financial position of the concern is sound. Trade relations are reported as fair. Business is active. Payment
terms are reported to be usually correct and as per commitments. The concern can be considered normal for business dealings at usual
trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – 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
NOT AVAILABLE
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. Dinesh Kailash Nath Jaitly |
|
Designation : |
Proprietor |
|
Contact No.: |
91-9987983516 |
|
Date : |
09.04.2015 |
LOCATIONS
|
Registered Office : |
Sun Moon Industrial Park, C-2/3-4, Opposite Jain Temple, Near Kaman
Railway Station, Vasai [East], Thane – 401202, Maharashtra, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9987983516/ 9768087798 [Mr. Dinesh Kailash Nath Jaitly] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Area : |
15500 Sq. ft. |
|
Location : |
Rented |
SOLE PROPRIETOR
|
Name : |
Mr. Dinesh Kailash Nath Jaitly |
|
Designation : |
Proprietor |
|
Address : |
1202, Krishna Residency, Sunder Nagar, Near Dalmia College, Malad
(West), Mumbai – 400064, Maharashtra, India
|
|
Date of Birth/Age : |
15.03.1964 |
|
PAN No.: |
AATPJ6707E |
|
Passport No.: |
M1047583 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Trader of Construction Chemicals like Waterproofing,
Screeds (Ready Mix), Micro Concrete, Tile and Stone Adhesives, Restoration
Mortars, etc. |
|
|
|
|
Brand Names : |
“Tkoll” “Wapro” |
|
|
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|
Agencies Held : |
-- |
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|
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Exports : |
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|
Products : |
-- |
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Countries : |
-- |
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|
|
|
Imports : |
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|
Products : |
-- |
|
Countries : |
-- |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit [30 Days] |
|
|
|
|
Purchasing : |
Cash and Credit [30 Days] |
PRODUCTION DETAILS
|
PRODUCTS |
INSTALLED
CAPACITY |
|
|
|
|
Specialty Chemicals [35 Products] |
5000 Bags per
day |
GENERAL INFORMATION
|
Suppliers : |
· Manik Cement Group of Companies, Bombay · Broadway Chemicals, Bombay |
||||||||||||||||||||||
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|
||||||||||||||||||||||
|
Customers : |
Wholesalers, End Users and Others (Exporters)
· Lokhandwala Infrastructure Private Limited, Worli · Gravis Hotels Private Limited, Marine Drive · Amit Enterprises · Amizara Agencies · Angel Corporation · Apolo Sales Corporation · Breegade Enterprises · Century International · Dhan Laxmi Corporation · Dhrumit Tech · Electronic Corporation of India · Esepee Enterprises · Jadhav Enterprises · National Fertilizers Limited · Sai Sagar Enterprises · Reliance Industrial Limited (Petroleum Division) · Hindustan Petroleum Corp. Limited · ONGC |
||||||||||||||||||||||
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||||||||||||||||||||||
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No. of Employees : |
32 (9 in Office and 23 in Factory) (Approximately) |
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Bankers : |
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||||||||||||||||||||||
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||||||||||||||||||||||
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Facilities : |
-- |
||||||||||||||||||||||
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Auditors : |
|
|
Name : |
Geeta Pandey and Associates Chartered Accountant |
|
Address : |
B/04, M.G. Road, Behind Manthan Restaurant, Goregaon (West), Mumbai –
400063, Maharashtra, India |
|
Tel. No.: |
91-22-66979603 |
|
E-Mail : |
|
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS ON 31.03.2015 [PROVISIONAL]
|
Capital Investment : |
|
|
Owned : |
Rs. 27.072 Million |
|
Borrowed : |
-- |
|
Total : |
Rs. 27.072 Million |
FINANCIAL DATA
[all figures are in
Rupees Million]
Note : Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2015 [Provisional] |
31.03.2014 |
31.03.2013 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Proprietor Capital |
27.072 |
13.382 |
10.141 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
27.072 |
13.382 |
10.141 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
27.700 |
0.000 |
2.765 |
|
|
TOTAL BORROWING |
27.700 |
0.000 |
2.765 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
54.772 |
13.382 |
12.906 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
35.265 |
1.466 |
1.667 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.274 |
0.266 |
0.266 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
10.738
|
9.091 |
8.564 |
|
|
Sundry Debtors |
19.125
|
8.618 |
8.280 |
|
|
Cash & Bank Balances |
1.640
|
0.181 |
0.149 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
0.100
|
0.100 |
0.100 |
|
Total
Current Assets |
31.603
|
17.990 |
17.093 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
12.370
|
6.340 |
6.120 |
|
|
Other Current Liabilities |
0.000
|
0.000 |
0.000 |
|
|
Provisions |
0.000
|
0.000 |
0.000 |
|
Total
Current Liabilities |
12.370
|
6.340 |
6.120 |
|
|
Net Current Assets |
19.233
|
11.650 |
10.973 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
54.772 |
13.382 |
12.906 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2015 [Provisional] |
31.03.2014 |
31.03.2013 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
78.935 |
57.448 |
46.450 |
|
|
|
Other Income |
0.000 |
0.000 |
0.000 |
|
|
|
TOTAL |
78.935 |
57.448 |
46.450 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods sold |
68.384 |
49.796 |
40.125 |
|
|
|
Salary and Bonus |
1.118 |
0.981 |
0.880 |
|
|
|
Commission |
0.548 |
0.453 |
0.383 |
|
|
|
Electricity Charges |
0.162 |
0.156 |
0.156 |
|
|
|
Delivery Charges |
0.685 |
0.770 |
0.749 |
|
|
|
Advertisement Expenses |
0.075 |
0.030 |
0.029 |
|
|
|
Transportation Charges |
0.785 |
0.349 |
0.168 |
|
|
|
Telephone Expenses |
0.151 |
0.078 |
0.079 |
|
|
|
Sundry Expenses |
0.091 |
0.076 |
0.052 |
|
|
|
Printing and Stationery |
0.093 |
0.066 |
0.065 |
|
|
|
Rent |
0.250 |
0.225 |
0.180 |
|
|
|
Refreshment Expenses |
0.154 |
0.253 |
0.213 |
|
|
|
Vehicle Expenses |
0.260 |
0.294 |
0.243 |
|
|
|
Duties and Taxes |
0.312 |
0.280 |
0.195 |
|
|
|
Other Expenses |
0.163 |
0.137 |
0.104 |
|
|
|
TOTAL |
73.231 |
53.944 |
43.621 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE DEPRECIATION AND AMORTISATION |
5.704 |
3.504 |
2.829 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
2.014 |
0.263 |
0.313 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
3.690 |
3.241 |
2.516 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2015 [Provisional] |
31.03.2014 |
31.03.2013 |
|
Net Profit Margin (PAT/Sales) |
(%) |
4.67
|
5.64 |
5.42 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
5.54
|
16.66 |
13.41 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.14
|
0.24 |
0.25 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
1.02
|
0.00 |
0.27 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.55
|
2.84 |
2.79 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particulars |
31.03.2013 |
31.03.2014 |
31.03.2015
[Provisional] |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Proprietor Capital |
10.141 |
13.382 |
27.072 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
Net
worth |
10.141 |
13.382 |
27.072 |
|
|
|
|
|
|
Secured Loans |
0.000 |
0.000 |
0.000 |
|
Unsecured Loans |
2.765 |
0.000 |
27.700 |
|
Total
borrowings |
2.765 |
0.000 |
27.700 |
|
Debt/Equity
ratio |
0.273 |
0.000 |
1.023 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2013 |
31.03.2014 |
31.03.2015
[Provisional] |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
46.450 |
57.448 |
78.935 |
|
|
|
23.677 |
37.403 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2013 |
31.03.2014 |
31.03.2015
[Provisional] |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
46.450 |
57.448 |
78.935 |
|
Net Profit |
2.516 |
3.241 |
3.690 |
|
|
5.42% |
5.64% |
4.67% |
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 |
Yes |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
Yes |
|
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 |
Yes |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
Yes |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
Yes |
|
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 |
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 |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF TOTAL INCOME
(RS. IN MILLION)
|
PARTICULARS |
31.03.2014 |
|
|
|
|
INCOME FROM BUSINESS |
|
|
Net Profit as per Profit and Loss Account |
3.241 |
|
|
|
|
GROSS TOTAL
INCOME |
3.241 |
|
|
|
|
Less: Deduction u/s 80 C |
0.100 |
|
|
|
|
TOTAL INCOME |
3.141 |
|
|
|
|
Tax on Total Income |
0.772 |
|
|
|
|
Add: Education Cess |
0.023 |
|
|
|
|
SELF ASSESSMENT
TAX |
0.795 |
------------------------------------------------------------------------------------------------------------------------------
ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
OPERATING STATEMENT
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
31.03.2016 Projection |
31.03.2017 Projection |
31.03.2018 Projection |
31.03.2019 Projection |
31.03.2020 Projection |
|
|
|
|
|
|
|
|
|
1 |
Gross Income |
|
|
|
|
|
|
|
1. Domestic Sales |
98.669 |
123.336 |
154.170 |
192.712 |
240.891 |
|
|
2. Export Sales |
-- |
-- |
-- |
-- |
-- |
|
|
Add: Other Revenue Income |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Total |
98.669 |
123.336 |
154.170 |
192.712 |
240.891 |
|
|
|
|
|
|
|
|
|
2 |
Less: Excise Duty and Govt. Levies |
-- |
-- |
-- |
-- |
-- |
|
|
Deduct Other Items |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
3 |
Net Sales (1-2) |
98.669 |
123.336 |
154.170 |
192.712 |
240.891 |
|
|
|
|
|
|
|
|
|
4 |
%age rise (+) or fall (-) in net sales as compared to previous year |
25.00% |
25.00% |
25.00% |
25.00% |
25.00% |
|
|
|
|
|
|
|
|
|
5 |
Cost of Sales |
|
|
|
|
|
|
i |
Raw Materials (including stores and other items
used in the process of manufacture) |
|
|
|
|
|
|
|
- Imported |
-- |
-- |
-- |
-- |
-- |
|
|
- Indigenous |
87.538 |
109.422 |
136.777 |
170.972 |
216.215 |
|
|
|
|
|
|
|
|
|
ii |
Other Spares |
|
|
|
|
|
|
|
- Imported |
-- |
-- |
-- |
-- |
-- |
|
|
- Indigenous |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
iii |
Power and Fuel |
0.244 |
0.305 |
0.381 |
0.476 |
0.595 |
|
|
|
|
|
|
|
|
|
iv |
Direct Labour [Factory Wages and Salary] |
1.833 |
1.528 |
1.528 |
1.528 |
1.528 |
|
|
|
|
|
|
|
|
|
v |
Other Manufacturing Expenses |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
vi |
Depreciation |
0.126 |
0.096 |
0.078 |
0.065 |
0.045 |
|
|
|
|
|
|
|
|
|
vii |
Sub-total |
89.740 |
111.351 |
138.764 |
173.041 |
218.383 |
|
|
|
|
|
|
|
|
|
viii |
Add: Opening Stock in process |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Sub-total |
89.740 |
111.351 |
138.764 |
173.041 |
218.383 |
|
|
|
|
|
|
|
|
|
ix |
Less: Closing Stock in process |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
x |
Cost of
Production |
89.740 |
111.351 |
138.764 |
173.041 |
218.383 |
|
|
|
|
|
|
|
|
|
xi |
Add: Opening Stock of Finished Goods |
10.738 |
12.886 |
15.463 |
18.555 |
22.266 |
|
|
|
|
|
|
|
|
|
|
Sub-total |
100.478 |
124.236 |
154.227 |
191.596 |
240.649 |
|
|
|
|
|
|
|
|
|
xii |
Less: Closing Stock of Finished Goods |
12.886 |
15.463 |
18.555 |
22.266 |
26.720 |
|
|
|
|
|
|
|
|
|
xiii |
Sub-total (Cost
of Sales) |
87.592 |
108.773 |
135.672 |
169.330 |
213.929 |
|
|
|
|
|
|
|
|
|
6 |
Selling, General & Administrative Expenses |
5.486 |
6.858 |
8.572 |
10.715 |
13.394 |
|
|
|
|
|
|
|
|
|
7 |
Sub-total [5+6] |
93.079 |
115.631 |
144.244 |
180.045 |
227.324 |
|
|
|
|
|
|
|
|
|
8 |
Operating Profit before Interest |
5.590 |
7.705 |
9.926 |
12.667 |
13.567 |
|
|
|
|
|
|
|
|
|
9 |
Interest |
1.304 |
1.583 |
1.862 |
2.141 |
2.421 |
|
|
|
|
|
|
|
|
|
10 |
Operating Profit after Interest |
4.286 |
6.121 |
8.064 |
10.526 |
11.146 |
|
|
|
|
|
|
|
|
|
11 |
Add: Other non-operating income |
|
|
|
|
|
|
a |
Other Income |
-- |
-- |
-- |
-- |
-- |
|
b |
Interest |
-- |
-- |
-- |
-- |
-- |
|
c |
Pr. Period Income (Bad Debts Recovered) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Sub-total
(Expenses) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Net of Other Non-operating Income/ Expenses |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
12 |
Profit before Tax/ Loss |
4.286 |
6.121 |
8.064 |
10.526 |
11.146 |
|
|
|
|
|
|
|
|
|
13 |
Provision for taxes |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
14 |
Net Profit/ Loss [12-13] |
4.286 |
6.121 |
8.064 |
10.526 |
11.146 |
|
|
|
|
|
|
|
|
|
15 |
Equity dividend Paid amount |
-- |
-- |
-- |
-- |
-- |
|
|
Dividend Rate |
-- |
-- |
-- |
-- |
-- |
|
|
Remuneration to Directors |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
16 |
Retained Profit
[14-15] |
4.286 |
6.121 |
8.064 |
10.526 |
11.146 |
|
|
|
|
|
|
|
|
|
17 |
Retained Profit
/ Net Profit [%] |
100% |
100% |
100% |
100% |
100% |
------------------------------------------------------------------------------------------------------------------------------
ANALYSIS OF BALANCE SHEET
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
31.03.2016 Projection |
31.03.2017 Projection |
31.03.2018 Projection |
31.03.2019 Projection |
31.03.2020 Projection |
|
|
|
|
|
|
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
1 |
Short
term borrowings from bank (incl. Bills purchased, discounted & excess
borrowings placed on repayment basis) |
|
|
|
|
|
|
|
(i) From applicant bank |
7.500 |
10.000 |
12.500 |
15.000 |
17.500 |
|
|
(ii)
From other banks |
-- |
-- |
-- |
-- |
-- |
|
|
(iii)
of which BP & BD |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Sub Total (A) |
7.500 |
10.000 |
12.500 |
15.000 |
17.500 |
|
|
|
|
|
|
|
|
|
2 |
Short
term borrowings from others |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
3 |
Sundry
Creditors - Trade |
6.440 |
14.695 |
17.020 |
6.540 |
19.345 |
|
|
|
|
|
|
|
|
|
4 |
Advance
payments from customers/deposits from dealers |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
5 |
Provision
for Taxation |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
6 |
Dividend
Payable |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
7 |
Other
Statutory Liabilities (due within one year) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
8 |
Deposits/Instalments
of term loan/ DPGs/ Debentures etc. (due within one year) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
9 |
Other
current liabilities & Provisions-Unsecured (Due within one year) |
-- |
-- |
-- |
-- |
-- |
|
|
Hire Purchase Installment |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Sub Total (B) |
6.440 |
14.695 |
17.020 |
6.540 |
19.345 |
|
|
|
|
|
|
|
|
|
10 |
TOTAL CURRENT LIABILITIES [1 to 9] |
13.940 |
24.695 |
29.520 |
21.540 |
36.845 |
|
|
|
|
|
|
|
|
|
|
TERM LIABILITIES |
|
|
|
|
|
|
11 |
Debentures
(not maturing within one year) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
12 |
Preference
Shares (redeemable after one year) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
13 |
Term
loans (excluding instalments payable within one year) |
2.083 |
1.666 |
1.249 |
0.832 |
0.415 |
|
|
|
|
|
|
|
|
|
14 |
Deferred
Payment Credits (excl. instalments due within one year) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
15 |
Term
deposits (repayable after one year) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
16 |
Borrowings
from relatives and friends |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
17 |
TOTAL TERM LIABILITIES |
2.083 |
1.666 |
1.249 |
0.832 |
0.415 |
|
|
|
|
|
|
|
|
|
18 |
TOTAL OUTSIDE LIABILITIES |
16.023 |
26.361 |
30.769 |
22.372 |
37.260 |
|
|
|
|
|
|
|
|
|
|
NETWORTH |
|
|
|
|
|
|
19 |
Ordinary Share Capital |
20.630 |
24.916 |
31.038 |
39.101 |
49.627 |
|
|
|
|
|
|
|
|
|
20 |
General reserve |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
21 |
Revaluation Reserve |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
22 |
Other Reserves [excluding Provisions] |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
23 |
Surplus
(+) or deficit (-) in Profit & Loss Account |
4.286 |
6.121 |
8.064 |
10.526 |
11.146 |
|
|
|
|
|
|
|
|
|
24 |
NETWORTH |
24.916 |
31.038 |
39.101 |
49.627 |
60.774 |
|
|
|
|
|
|
|
|
|
25 |
TOTAL LIABILITIES |
40.939 |
57.399 |
69.870 |
71.999 |
98.034 |
|
|
|
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
26 |
Cash
& Bank balances |
1.072 |
1.072 |
1.072 |
0.145 |
0.640 |
|
|
|
|
|
|
|
|
|
27 |
Investments [other than Long Term
investments] |
|
|
|
|
|
|
|
1. Government and Other Trustee Securities |
-- |
-- |
-- |
-- |
-- |
|
|
2. Fixed Deposits with Banks |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
28 |
1. Receivables other than Deferred and Exports
(including Bills Purchased and Discounted by Banks) |
13.610 |
25.588 |
33.045 |
30.281 |
47.412 |
|
|
2. Export Receivables [including Bills
Purchased and Discounted by Banks] |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
29 |
Instalments of Deferred Receivables [Due
within one year] |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
30 |
Inventory: |
|
|
|
|
|
|
|
(i)
Raw materials (including stores and other items in process of manufacture) |
|
|
|
|
|
|
|
(a)
Imported |
-- |
-- |
-- |
-- |
-- |
|
|
(b)
Indigenous |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
(ii)
Stock-in-process |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
(iii)
Finished Goods |
12.886 |
15.463 |
18.555 |
22.266 |
26.720 |
|
|
|
|
|
|
|
|
|
|
(iv)
Other consumable stores |
|
|
|
|
|
|
|
(a) Imported |
-- |
-- |
-- |
-- |
-- |
|
|
(b)
Indigenous |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
31 |
Advance
to suppliers of Raw materials & stores/spares |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
32 |
Advance Tax Payment |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
33 |
Other
Current Assets (Specify major items) |
|
|
|
|
|
|
|
a. Deposits |
-- |
-- |
-- |
-- |
-- |
|
|
b. Other Advances |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
34 |
TOTAL CURRENT ASSETS [26 to 33] |
27.568 |
42.123 |
52.672 |
52.692 |
74.772 |
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
|
|
|
|
|
|
35 |
Gross
Block (land & building machinery vehicles work-in-progress) |
5.131 |
5.005 |
4.909 |
5.005 |
6.940 |
|
|
|
|
|
|
|
|
|
36 |
Depreciation
to date |
0.126 |
0.096 |
0.078 |
0.065 |
0.045 |
|
|
|
|
|
|
|
|
|
37 |
NET BLOCK (35-36) |
5.005 |
4.909 |
4.831 |
4.940 |
6.895 |
|
|
|
|
|
|
|
|
|
|
OTHER NON-CURRENT ASSETS |
|
|
|
|
|
|
38 |
Investments/book
debts /advances deposits which are not current assets |
|
|
|
|
|
|
|
i.(a)
Investments in subsidiary companies/ affiliates |
-- |
-- |
-- |
-- |
-- |
|
|
(b)
Others |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
ii.
Advances to suppliers of capital goods & contractors |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
iii.
Deferred Receivables (Maturity exceeding one year) |
-- |
-- |
-- |
-- |
-- |
|
|
[No
Lien Account [Debtors above 12 Months]] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
iv.
Deposit |
8.000 |
10.000 |
12.000 |
14.000 |
16.000 |
|
|
|
|
|
|
|
|
|
39 |
Non
consumables stores & spare |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
40 |
Other
non-current assets (incl. Dues from director) |
0.367 |
0.367 |
0.367 |
0.367 |
0.367 |
|
|
|
|
|
|
|
|
|
41 |
TOTAL OTHER NON-CURRENT ASSETS |
8.367 |
10.367 |
12.367 |
14.367 |
16.367 |
|
|
|
|
|
|
|
|
|
42 |
Intangible
assets (patents, goodwill, prelim, expenses, bad/ doubtful debts not provided
for etc.) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
43 |
TOTAL
ASSETS [34+37+41+42] |
40.940 |
57.399 |
69.870 |
71.999 |
98.033 |
|
|
|
|
|
|
|
|
|
44 |
TANGIBLE NET WORTH (24-42) |
24.916 |
31.038 |
39.101 |
49.627 |
60.774 |
|
|
|
|
|
|
|
|
|
45 |
NET WORKING CAPITAL |
13.627 |
17.428 |
23.153 |
31.152 |
37.927 |
|
|
|
|
|
|
|
|
|
46 |
Current Ratio |
1.98 |
1.71 |
1.78 |
2.45 |
2.03 |
|
|
|
|
|
|
|
|
|
47 |
Total Outside Liabilities / Tangible
Networth |
0.64 |
0.85 |
0.79 |
0.45 |
0.61 |
|
|
|
|
|
|
|
|
|
48 |
Total Term Liabilities / Tangible
Networth |
0.08 |
0.05 |
0.03 |
0.02 |
0.01 |
------------------------------------------------------------------------------------------------------------------------------
FUNDS FLOW STATEMENT
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
31.03.2016 Projection |
31.03.2017 Projection |
31.03.2018 Projection |
31.03.2019 Projection |
31.03.2020 Projection |
|
|
|
|
|
|
|
|
|
1 |
SOURCES |
|
|
|
|
|
|
a |
Net Profit (after tax) |
4.286 |
6.121 |
8.064 |
10.526 |
11.146 |
|
|
|
|
|
|
|
|
|
b |
Depreciation
|
0.126 |
0.096 |
0.078 |
0.065 |
0.045 |
|
|
|
|
|
|
|
|
|
c |
Increase
in capital |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
d |
Increase
in Term Liabilities including public deposits |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
e |
Decrease in |
|
|
|
|
|
|
|
1. Fixed Assets |
-- |
-- |
-- |
-- |
-- |
|
|
2.
Other Non-current Assets |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
f |
TOTAL |
4.412 |
6.217 |
8.142 |
10.591 |
11.191 |
|
|
|
|
|
|
|
|
|
|
USES |
|
|
|
|
|
|
a |
Net
Loss |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
b |
Decrease in Term Liabilities including
public deposits |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
c |
Increase
in |
|
|
|
|
|
|
|
1.
Fixed Assets |
0.066 |
0.030 |
0.018 |
0.013 |
0.020 |
|
|
2. Other Non-current Assets |
2.000 |
2.000 |
2.000 |
6.000 |
2.000 |
|
|
|
|
|
|
|
|
|
d |
Dividend
Payment |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
e |
Others (Advance Share Capital) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
f |
TOTAL |
2.066 |
2.030 |
2.018 |
6.013 |
2.020 |
|
|
|
|
|
|
|
|
|
3 |
Long
term Surplus/ (Deficit) |
2.346 |
4.188 |
6.124 |
4.578 |
9.171 |
|
|
|
|
|
|
|
|
|
4 |
Increase/
Decrease in current assets |
(61.283) |
42.123 |
52.672 |
(22.079) |
(14.079) |
|
|
|
|
|
|
|
|
|
5 |
Increase/
Decrease in current Liabilities other than Bank borrowings |
(15.230) |
14.695 |
17.020 |
(12.805) |
(2.325) |
|
|
|
|
|
|
|
|
|
6 |
Increase/
Decrease in Working Capital Gap |
(46.053) |
27.428 |
35.652 |
(9.274) |
(11.754) |
|
|
|
|
|
|
|
|
|
7 |
Net
Surplus/ Deficit |
48.399 |
(23.240) |
(29.529) |
13.852 |
20.925 |
|
|
|
|
|
|
|
|
|
8 |
Increase/
Decrease in Bank Borrowings |
-- |
2.500 |
2.500 |
7.500 |
2.500 |
|
|
|
|
|
|
|
|
|
|
INCREASE/
DECREASE IN NET SALES | |
(202.444) |
123.336 |
154.170 |
(48.178) |
(60.223) |
|
|
|
|
|
|
|
|
|
|
* Break-up of (4) |
|
|
|
|
|
|
1. |
Increase/
Decrease in Raw Materials |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
2 |
Increase/
Decrease in Stock in Process |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
3 |
Increase/
Decrease in Finished Goods |
(19.178) |
15.463 |
18.555 |
(4.453) |
(5.344) |
|
|
|
|
|
|
|
|
|
4 |
Increase/
Decrease in Receivables |
|
|
|
|
|
|
|
Domestic
|
(42.105) |
25.588 |
33.045 |
(17.131) |
(8.303) |
|
|
Export |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
5 |
Increase/ Decrease in stores and spares |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
6 |
Increase/
Decrease in other current assets |
19.178 |
(16.535) |
(19.627) |
4.948 |
5.776 |
|
|
|
|
|
|
|
|
|
|
TOTAL |
(42.105) |
24.516 |
31.973 |
(16.636) |
(7.871) |
------------------------------------------------------------------------------------------------------------------------------
COMPARATIVE STATEMENT OF CURRENT ASSETS
& CURRENT LIABILITIES
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
31.03.2016 Projection |
31.03.2017 Projection |
31.03.2018 Projection |
31.03.2019 Projection |
31.03.2020 Projection |
|
|
|
|
|
|
|
|
|
1 |
Raw
Materials (including stores and other items in process of manufacturing) |
|
|
|
|
|
|
|
Imported
|
|
|
|
|
|
|
|
Amount
|
-- |
-- |
-- |
-- |
-- |
|
|
Month’s
Consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Indigenous
|
|
|
|
|
|
|
|
Amount
|
-- |
-- |
-- |
-- |
-- |
|
|
Month’s
Consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
2 |
Other
consumable spares excluding those included in one above |
|
|
|
|
|
|
|
Imported
|
|
|
|
|
|
|
|
Amount
|
-- |
-- |
-- |
-- |
-- |
|
|
Month’s
Consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Indigenous
|
|
|
|
|
|
|
|
Amount
|
-- |
-- |
-- |
-- |
-- |
|
|
Month’s
Consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
3 |
Stock
in process |
|
|
|
|
|
|
|
Amount
|
-- |
-- |
-- |
-- |
-- |
|
|
Month’s
Consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
4 |
Finished
Goods |
|
|
|
|
|
|
|
Amount
|
12.886 |
15.463 |
18.555 |
22.266 |
26.720 |
|
|
Month’s
Consumption |
1.77 |
1.71 |
1.64 |
1.58 |
1.50 |
|
|
|
|
|
|
|
|
|
5 |
Receivables
other than deferred & exports (including Bills purchased & discounted
by banks) |
|
|
|
|
|
|
|
Amount |
13.610 |
25.588 |
33.045 |
30.281 |
47.412 |
|
|
Month’s
Domestic Sales |
1.66 |
2.49 |
2.57 |
1.89 |
2.36 |
|
|
[excluding def. payment sales] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 |
Export
receivables (including Bills purchased & discounted by banks) |
-- |
-- |
-- |
-- |
-- |
|
|
Month’s
Export Sales |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
7 |
Advance to suppliers of materials and
stores/ spares, consumables |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
8 |
Other current assets including cash and
bank balances and def. receivable due within one year [Specify major items] |
1.072 |
1.072 |
1.072 |
0.145 |
0.640 |
|
|
Cash
and Bank Balances |
|
|
|
|
|
|
|
Investment except long-term |
|
|
|
|
|
|
|
Instalments
of def. receivables |
|
|
|
|
|
|
|
Others |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9 |
TOTAL CURRENT ASSETS |
27.568 |
42.123 |
52.672 |
52.692 |
74.772 |
|
|
|
|
|
|
|
|
|
|
B. CURRENT
LIABILITIES (Other than bank
borrowings for working capital) |
|
|
|
|
|
|
10 |
Creditors
for Purchase of Raw Materials, Stores and consumable spares |
|
|
|
|
|
|
|
Amount
|
6.440 |
14.695 |
17.020 |
6.540 |
19.345 |
|
|
Month’s
Consumption |
0.88 |
1.61 |
1.49 |
0.46 |
1.07 |
|
|
|
|
|
|
|
|
|
11 |
Advance
from Customer |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
12 |
Statutory
Liabilities |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
13 |
Other Current Liabilities [specify major
items] |
|
|
|
|
|
|
|
S.T.
Borrowings others |
-- |
-- |
-- |
-- |
-- |
|
|
Dividend Payable |
-- |
-- |
-- |
-- |
-- |
|
|
Instalments
of TL, DPG and Public Deposits |
-- |
-- |
-- |
-- |
-- |
|
|
Other
Current Liabilities and Provisions |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
TOTAL |
6.440 |
14.695 |
17.020 |
6.540 |
19.345 |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF MAXIMUM PERMISSIBLE BANK
FINANCE FOR WORKING CAPITAL
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
31.03.2016 Projection |
31.03.2017 Projection |
31.03.2018 Projection |
31.03.2019 Projection |
31.03.2020 Projection |
|
|
|
|
|
|
|
|
|
|
FIRST METHOD OF LENDING |
|
|
|
|
|
|
1 |
Total Current Assets |
27.568 |
42.123 |
52.672 |
52.692 |
74.772 |
|
|
|
|
|
|
|
|
|
2 |
Other
Current Liabilities [Other
than bank borrowings] |
6.440 |
14.695 |
17.020 |
6.540 |
19.345 |
|
|
|
|
|
|
|
|
|
3 |
Working
Capital Gap |
21.128 |
27.428 |
35.652 |
46.152 |
55.427 |
|
|
|
|
|
|
|
|
|
4 |
Minimum
Stipulated Net Working Capital [25% of WCG excluding export receivables] |
5.282 |
6.857 |
8.913 |
11.538 |
13.857 |
|
|
|
|
|
|
|
|
|
5 |
Actual/ Projected Net Working Capital |
13.628 |
17.428 |
23.152 |
31.152 |
37.927 |
|
|
|
|
|
|
|
|
|
6 |
Item 3 minus item 4 |
15.846 |
20.571 |
26.739 |
34.614 |
41.570 |
|
|
|
|
|
|
|
|
|
7 |
Item
3 minus item 5 |
7.500 |
10.000 |
12.500 |
15.000 |
17.500 |
|
|
|
|
|
|
|
|
|
8 |
Maximum
permissible bank finance [lower of 6 or 7] |
7.500 |
10.000 |
12.500 |
15.000 |
17.500 |
|
|
|
|
|
|
|
|
|
9 |
Excess
borrowings representing short fall in Net Working Capital |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
SECOND METHOD OF LENDING |
|
|
|
|
|
|
1 |
Total Current Assets |
27.568 |
42.123 |
52.672 |
52.692 |
74.772 |
|
|
|
|
|
|
|
|
|
2 |
Other
Current Liabilities [Other
than bank borrowings] |
6.440 |
14.695 |
17.020 |
6.540 |
19.345 |
|
|
|
|
|
|
|
|
|
3 |
Working
Capital Gap |
21.128 |
27.428 |
35.652 |
46.152 |
55.427 |
|
|
|
|
|
|
|
|
|
4 |
Minimum
Stipulated Net Working Capital [25% of total current assets excluding export
receivables] |
6.892 |
10.531 |
13.168 |
13.173 |
18.693 |
|
|
|
|
|
|
|
|
|
5 |
Actual/ Projected Net Working Capital |
13.628 |
17.428 |
23.152 |
31.152 |
37.927 |
|
|
|
|
|
|
|
|
|
6 |
Item 3 minus item 4 |
14.236 |
16.897 |
22.484 |
32.979 |
36.734 |
|
|
|
|
|
|
|
|
|
7 |
Item
3 minus item 5 |
7.500 |
10.000 |
12.500 |
15.000 |
17.500 |
|
|
|
|
|
|
|
|
|
8 |
Maximum
permissible bank finance [lower of 6 or 7] |
7.500 |
10.000 |
12.500 |
15.000 |
17.500 |
|
|
|
|
|
|
|
|
|
9 |
Excess
borrowings representing short fall in Net Working Capital |
-- |
-- |
-- |
-- |
-- |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MR. DINESH K. JAITLY [PROP. M/S. WAPRO
ENGINEERS]
(RS. IN MILLION)
|
PARTICULARS |
MARKET VALUE |
|
ASSETS |
|
|
Current Liquid Assets |
|
|
Share Capital in Wapro Engineers |
26.883 |
|
|
|
|
Total Current Assets |
26.883 |
|
|
|
|
Fixed Assets |
|
|
Automobiles |
0.897 |
|
Home |
10.500 |
|
Other |
0.367 |
|
|
|
|
Total Fixed Assets |
11.764 |
|
|
|
|
TOTAL ASSETS |
38.647 |
|
|
|
|
LIABILITIES |
|
|
Current Liabilities |
0.000 |
|
|
|
|
Long-term Liabilities |
0.000 |
|
|
|
|
TOTAL LIABILITIES |
0.000 |
|
|
|
|
TOTAL NETWORTH |
38.647 |
------------------------------------------------------------------------------------------------------------------------------
PROFILE
INTRODUCTION
Subject was incepted long back in the year 1996
with the motto to attain the maximum satisfaction of the clients. They are
trusted to be the most prominent manufacturer, supplier, service provider,
wholesaler and exporter of Construction Goods like
· Building Bio-ecological
· Wet Floors
· Water Proofing
· Under floor Heating
· Façade Installations
· Installation of large formats
· Laying of Stone ware
· Laying by the Pool
· Restore Terraces
· Sealing
· New Terraces
· Overlap in Outside
· Laying Wood
· Resilient Floorings
· Installation of Marble, Granites and Natural Stone
· Laying of Composite Marbles
· Restore Concrete
· Laying on unconventional Plasters
· Sound Proofing
· Thermal Insulation
· Wellness Centers
· Industrial Flooring Solutions
· Infrastructure Solutions
· Parking, Still Parking, Ramp and other Service Area
· Soil Stabilization
· Specialized waterproofing for Dams/ Tunnels/ underground structures/ canals etc.
Water proofing, Tile Adhesives, Building
Restoration Solution suction Engineering and Turnkey Solutions.
They are backed by sound and well-organised infrastructure,
which gives them a competitive edge in the market. The well techno-savvy
manufacturing unit is comprised of advanced Plant and Machinery. With the
coupled efforts of assiduous team and hi-tech machineries, their company has
evolved as the leading service provider providing layout designing,
commissioning, installation and fabrication. Currently, they are handling over
120 small and big projects and have worked and provided solutions for more than
200 satisfied customers.
THEIR STRENGTH
They have emerged with the urge to be the best
in the industry. Their motive is to provide the best services and solutions, in
order to attain the satisfaction of the clients.
Their strength lies in:
·
Vast
Industrial Experience
·
Import
Substitute
·
Techno-savvy
infrastructure
·
Focus
on quality compliance
·
Quality
check by quality analysts
·
Optimum
quality and individual solutions
·
Assiduous
and dedicated workforce
·
Customized
solutions
·
Ethical
business policies
·
Feasible
prices
·
Timely
delivery
THEIR TEAM
They
are supported by a dexterous and assiduous team of 30 employees, who work with
complete dedication to provide best products and service to the clients. The
team works passionately and enthusiastically to serve the clients with the
best. The experts provide proper operational training to the clients at every
level ranging from the installation of the system, providing consultancy,
providing architectural drawings. The proper analysing, planning, designing,
execution and checking of the range and services is done by the dexterous
employees.
Their team comprises of:
·
Engineers
·
Technicians
·
Skilled
labors
·
Quality
controller
·
Research
and development analysts
·
Administration
staff
·
Sales
and marketing department
CLIENTS
Subject is a preferred supplier to many major
industries including Infrastructure Industry like Air Ports, Sea Ports, Oil
Terminals, Oil and Gas Exploration etc. the cornerstone of their business is a
commitment to ongoing customer care, proven by a customer base that includes
relationships which in some cases go back over 20 years.
MATERIAL AND EQUIPMENTS
|
SR. NO. |
MACHINERY /
EQUIPMENT |
CURRENT VALUE in
MILLION |
|
1 |
6 Nos Weighing Hoppers MS 1050 Ltrs each Bottom
Hooper Solenoid value, Pneumatic System. Load Cells 24 nos, Six Indicatorsm
Complete in all respect for 750 Mixer with PLC System. |
1.781 |
|
|
|
|
|
2 |
2 Nos Bucket Elevators 25 ft. each with 4 outlet
and 2 outlet respectively with Solenoid Valve, Pneumatic Systems with PLC and
Control Panel. |
1.157 |
|
|
|
|
|
3 |
1 No Bucket Elevators 42 ft with Solenoid
Valve, Pneumatic Systems with PLC and Control Panel. |
0.722 |
|
|
|
|
|
4 |
Conveyor system 40 ft. with PLC and control
panel. |
0.774 |
|
|
|
|
|
5 |
Kirkoskar Generator 62KVA complete in all
respect with Cables and Accessories |
0.716 |
|
|
|
|
|
6 |
Compressor Crompton Greaves 5 HP |
0.144 |
|
|
|
|
|
7 |
Crane Hoist 3 Tonnes |
0.300 |
|
|
|
|
|
8 |
Machine shop is fully quipped – kits |
0.231 |
|
|
|
|
|
9 |
6 Nos Screw Feeders Drive operated with
Crompton Greaves Motors 2 Hp each, 24 load Cells, indicator Solenoid Valves 24
nos Pneumatic Systems, PLC system operated and workable with Scada. |
5.073 |
|
|
|
|
|
10 |
6 Nos Hoppers 5 mtrs with Butter Fly Valve,
Pneumatic System, Crompton Greaves Motor, Drive, Gear box, complete with PLC and
workable to Scada System for working to F-750 T. MIXER |
12.779 |
|
|
|
|
|
11 |
1 No Upper Hooper with Butter Fly Valve,
Solenoid Value 2 Nos Pneumatically operated, load cells working with PLC |
0.544 |
|
|
|
|
|
12 |
F-750 MS TOSHNIWAL MIXER Non-Contact Parts:
mild steel with painted surface |
7.328 |
|
|
|
|
|
13 |
MS 1050 Lts Bottom Hopper with Valve |
0.941 |
|
|
|
|
|
14 |
2 Nos. F-750 MS TOSHNIWAL MIXER Bagging
Machine: 25/50 kg. |
3.292 |
|
|
|
|
|
|
TOTAL |
35.782 |
CLIENT SATISFACTION
The prime aim of the firm is to attain the
satisfaction of the clients. This is done by delivering quality range, services
and solutions to the clients. They are driven by the core motive to follow
ethical business policies and transparent business dealings, which in turn have
earned them the customers from national and international market. They leave no
stone unturned in achieving the maximum client satisfactory. The success and
progress of their company is measured by the satisfaction attained by the
customers.
------------------------------------------------------------------------------------------------------------------------------
FIXED ASSETS
· Computer
· Laptop
· Air Conditioner
· Motor Car
· Printers
· Furniture and Fixture
· Machinery
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. 62.26 |
|
|
1 |
Rs. 92.49 |
|
Euro |
1 |
Rs. 66.99 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
BVA |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILITY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
49 |
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.