MIRA INFORM REPORT
|
Report No. : |
318053 |
|
Report Date : |
21.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
SYMATIC
ENGINEERING PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
EL-127/128, MIDC Electronic Zone, T. T. C. Industrial Area, Mahape,
Navi Mumbai – 400710, Maharashtra |
|
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|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
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|
Date of
Incorporation : |
19.01.1995 |
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|
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Com. Reg. No.: |
11-084752 |
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|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 2.000 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U99999MH1995PTC084752 |
|
|
|
|
IEC No.: |
0397001240 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCS1210L |
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|
|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer of Automation and Electric Products. |
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|
|
|
No. of Employees
: |
100 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (30) |
|
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 : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having moderate track record. Sales turnover of the company has continuously declined which has also
resulted dip in the profitability of the company. However, trade relations are reported as fair. Business is active. Payment
terms are reported to be slow but correct. 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.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
Cash Credit = “BB-“ |
|
Rating Explanation |
Moderate risk of default |
|
Date |
20.10.2014 |
|
Rating Agency Name |
CRISIL |
|
Rating |
Bank Guarantee = “A4+” |
|
Rating Explanation |
Minimal degree of safety and carry very high credit risk |
|
Date |
20.10.2014 |
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. Vijay Vishmu Prasad |
|
Designation : |
Director |
|
Contact No.: |
91-9820061438 |
|
Date : |
21.04.2015 |
LOCATIONS
|
Registered Office : |
EL-127/128, MIDC Electronic Zone, T. T. C. Industrial Area, Mahape,
Navi Mumbai – 400710, Maharashtra, India |
|
Tel. No.: |
91-22-27613217/19/65132644 |
|
Mobile No.: |
91-8042538879 (Mr. Bijay K. Shah) 91-9820061438 (Mr. Vijay Vishmu Prasad) |
|
Fax No.: |
91-22-65132645/27613217 |
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E-Mail : |
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|
Website : |
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|
Factory : |
Plot No. El – 139/147, TTC Industrial Area, MIDC Electronic Zone,
MAhape, Navi Mumbai – 400710, Maharashtra, India |
|
Tel. No.: |
91-22-27621207 |
|
Fax No.: |
91-22-27621308 |
DIRECTORS
As on 30.09.2014
|
Name : |
Mr. Vijay Vishnu Prasad |
|
Designation : |
Director |
|
Address : |
A – 6 Eden Garden, Deonar, Chembur, Mumbai – 400088, Maharashtra,
India |
|
Date of Birth/Age : |
16.11.1961 |
|
Date of Appointment : |
19.01.1995 |
|
DIN No.: |
00777564 |
|
|
|
|
Name : |
Ms. Asha Prasad |
|
Designation : |
Director |
|
Address : |
A – 6 Eden Garden, Near Panjarpol Deonar, Chembur, Mumbai – 400088,
Maharashtra, India |
|
Date of Birth/Age : |
15.07.1964 |
|
Date of Appointment : |
10.06.2005 |
|
DIN No.: |
00784114 |
|
|
|
|
Name : |
Mr. Vinay Vijay Prasad |
|
Designation : |
Director |
|
Address : |
A – 6 Eden Garden, Near Panjarpol Deonar, Chembur, Mumbai – 400088,
Maharashtra, India |
|
Date of Birth/Age : |
09.11.1989 |
|
Date of Appointment : |
20.07.2011 |
|
DIN No.: |
03578926 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2014
|
Names of Shareholders |
|
No. of Shares |
|
Vijay Vishnu Prasad |
|
130000 |
|
Asha Prasad |
|
69900 |
|
Vinay Vijay Prasad |
|
100 |
|
|
|
|
|
Total |
|
200000 |
As on 30.09.2014
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Automation and Electric Products. |
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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 : |
Cash and Credit (30/60/90 Days) |
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|
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Purchasing : |
Cash and Credit (30/60/90 Days) |
PRODUCTION STATUS = NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
End Users and OEM’s
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No. of Employees : |
100 (Approximately) |
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Bankers : |
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Facilities : |
(Rs.
In Million)
|
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Auditors : |
|
|
Name : |
R. A. Surve and Company Chartered Accountants |
|
Address : |
331, Commodity Exchange, Plot No. 2, 3 and 4, Sector-19 A, Vashi, Navi
Mumbai – 400705, Maharashtra, India |
|
Tel. No.: |
91-22-27842089 |
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E-Mail : |
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PAN No.: |
AAGPS7085R |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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|
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
As on 30.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
200,000 |
Equity Shares |
Rs.10/- each |
Rs. 2.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
200,000 |
Equity Shares |
Rs.10/- each |
Rs. 2.000
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED BALANCE
SHEET
|
SOURCES
OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
2.000 |
2.000 |
2.000 |
|
(b) Reserves & Surplus |
217.089 |
216.607 |
208.630 |
|
(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) |
219.089 |
218.607 |
210.630 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
10.456 |
14.371 |
49.167 |
|
(b) Deferred tax liabilities
(Net) |
0.048 |
(0.015) |
1.235 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
10.504 |
14.356 |
50.402 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
213.436 |
72.182 |
58.256 |
|
(b) Trade payables |
59.060 |
39.837 |
124.682 |
|
(c) Other current liabilities |
17.385 |
31.236 |
77.638 |
|
(d) Short-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Current Liabilities (4) |
289.881 |
143.255 |
260.576 |
|
|
|
|
|
|
TOTAL |
519.474 |
376.218 |
521.608 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
207.070 |
222.809 |
238.831 |
|
(ii) Intangible Assets |
3.150 |
0.000 |
0.000 |
|
(iii) Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under
development |
5.556 |
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 |
0.000 |
0.000 |
0.000 |
|
(e) Other Non-current assets |
1.181 |
1.249 |
3.634 |
|
Total
Non-Current Assets |
216.957 |
224.058 |
242.465 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
51.819 |
18.094 |
50.790 |
|
(c) Trade receivables |
130.366 |
40.366 |
213.313 |
|
(d) Cash and cash equivalents |
104.738 |
83.930 |
7.571 |
|
(e) Short-term loans and
advances |
10.349 |
6.774 |
4.802 |
|
(f) Other current assets |
5.245 |
2.996 |
2.667 |
|
Total
Current Assets |
302.517 |
152.160 |
279.143 |
|
|
|
|
|
|
TOTAL |
519.474 |
376.218 |
521.608 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
65.453 |
165.548 |
NA |
|
|
Other Income |
350.115 |
314.658 |
NA |
|
|
TOTAL
|
415.568 |
480.206 |
NA |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
TOTAL
|
414.893 |
469.705 |
NA |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
0.675 |
10.501 |
18.042 |
|
|
|
|
|
|
|
Less |
TAX |
0.193 |
2.524 |
8.866 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
0.482 |
7.977 |
9.176 |
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
216.607 |
208.630 |
199.454 |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
217.088 |
216.607 |
208.630 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
2.41 |
39.89 |
45.88 |
|
Particulars |
|
|
31.03.2015 |
|
Sales Turnover (Approximately) |
|
|
450.000 |
The above information has been parted by Mr. Vijay Vishnu Prasad
Note : Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT/Sales) |
(%) |
0.12 |
1.65 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.13 |
2.79 |
3.46 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.00 |
0.05 |
0.09 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.02 |
0.40 |
0.51 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.04 |
1.06 |
1.07 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Share Capital |
2.000 |
2.000 |
2.000 |
|
Reserves & Surplus |
208.630 |
216.607 |
217.089 |
|
Net
worth |
210.630 |
218.607 |
219.089 |
|
|
|
|
|
|
long-term borrowings |
49.167 |
14.371 |
10.456 |
|
Short term borrowings |
58.256 |
72.182 |
213.436 |
|
Total
borrowings |
107.423 |
86.553 |
223.892 |
|
Debt/Equity
ratio |
0.510 |
0.396 |
1.022 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
|
Total Income |
483.028 |
415.567 |
|
|
(13.966) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
|
Total Income |
483.028 |
415.567 |
|
Profit |
7.977 |
0.481 |
|
|
1.65% |
0.12% |
LOCAL AGENCY FURTHER INFORMATION
CURRENT MATURITIES
OF LONG TERM DEBT = NOT AVAILABLE
|
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 |
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 |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
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 |
Yes |
|
25] |
Conduct of the banking
account |
---------------------- |
|
26] |
Buyer visit details |
---------------------- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if
applicable |
Yes |
|
29] |
Last accounts filed at
ROC |
Yes |
|
30] |
Major Shareholders, if
available |
Yes |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
Yes |
Operation
The company has been decline in turnover of
Rs. 65.453 Million. The company earned revenue of Rs. 414.752 Million from
operation during the year 2013-14 with Profit after Tax of Rs. 0.482 Million during
the year.
The prevailing uncertainties on the Economic
front in our Country and the Globe has brought a severe recession and in
particular the capital goods sector, where they at Symatic have underperformed.
The drop in business Turnover and erosion of margins in such a depressed market
Scenario has been the consequence.
However there is a huge potential for growth
of this sector in domestic as well as at world over. Further with the recent
trends and favourable policies and market conditions, the directors are
committed to grab the opportunities and hopeful to outperform in the recent
future.
UNSECURED LOAN
(Rs.
In Million)
|
Particulars |
As
on 31.03.2014 |
As
on 31.03.2013 |
|
LONG TERM
BORROWING |
|
|
|
From Other Parties |
10.456 |
14.371 |
|
|
|
|
|
Total |
10.456 |
14.371 |
INDEX OF CHARGES
Bankers Charges
Report as per Registry
|
This form is for |
Creation of
charge Modification of
charge |
||||||
|
Charge
identification number of the modified |
90231008 |
||||||
|
Corporate
identity number of the company |
U99999MH1995PTC084752 |
||||||
|
Name of the
company |
SYMATIC
ENGINEERING PRIVATE LIMITED |
||||||
|
Address of the
registered office or of the principal place of business in |
EL-127/128, MIDC Electronic Zone, T. T. C. Industrial Area, Mahape,
Navi Mumbai – 400710, Maharashtra, India |
||||||
|
Type of charge |
Immovable
Property |
||||||
|
Particular of
charge holder |
|
||||||
|
Nature of
description of the instrument creating or modifying the charge |
Extension of
Mortgage by deposit of Title Deeds |
||||||
|
Date of
instrument Creating the charge |
03.08.2010 |
||||||
|
Amount secured by
the charge |
Rs. 217.417
Million |
||||||
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
BPLR 0.25% OVER
PLR |
||||||
|
Date of latest modification
prior to the present modification |
24.04.2010 |
||||||
|
Particulars of
the present modification |
The Bank Had Sanctioned A Total Limit Of Rs. 2174.17 Lacs
To The Company. To Secure The Repayment Of Said Limit Along With Interest The
Company Has Created Charge In Favour Of The Bank By Way Of Extension Of
Equitable Mortgage Created Earlier On 31.7.2009 On Its Immovable Properties. |
FIXED ASSETS
- Land
- Factory Building
- Plant and Machinery
- Furniture and Fixture
- Motor Car
- Office equipment
- Computer
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.62.56 |
|
|
1 |
Rs.93.56 |
|
Euro |
1 |
Rs.67.49 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRP |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ART |
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 |
3 |
|
--PROFITABILITY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
5 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER
|
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
30 |
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.