MIRA INFORM REPORT
|
Report No. : |
312432 |
|
Report Date : |
25.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
HOMETRAIL ESTATE PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
Max House, 1 Dr. Jha Marg, Okhla, New Delhi – 110020 |
|
Tel. No.: |
91-11-41612123 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
21.04.2008 |
|
|
|
|
Com. Reg. No.: |
55-176963 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 124.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45400DL2008PTC176963 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELH07148B |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCH1467K |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Real Estate Developers. |
|
|
|
|
No. of Employees
: |
Information declined by the management. |
RATING & COMMENTS
|
MIRA’s Rating : |
B (27) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 620000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a subsidiary of “Max Healthcare Institute Limited”. It is
an established company having moderate track record. The company has processed below average operational which has resulted
into losses incurred from its operational activities. Further company has taken huge external borrowing which acts as
threatening to the liquidity profile of the company. However, trade relations are reported as fair. Business is active.
Payments are reported to be slow but correct. In view of weak operational performance, the company can be considered
for business dealing 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 |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
Date |
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 DENIED BY
|
Name : |
Mr. Yogesh Gupta |
|
Designation : |
Finance Department |
|
Contact No.: |
91-11-41612123 |
|
Date : |
24.04.2015 |
LOCATIONS
|
Registered Office : |
Max House, 1 Dr. Jha Marg, Okhla, New Delhi – 110020, India |
|
Tel. No.: |
91-11-41612123 |
|
Mobile No.: |
91-9811133825 (Mr. Firoz) |
|
Fax No.: |
91-11-41612155 |
|
E-Mail : |
DIRECTORS
AS ON: 25.09.2014
|
Name : |
Mr. Kishansingh Ramsinghaney |
|
Designation : |
Director |
|
Address : |
E‐139, Ground Floor, Gk‐III, Masjid Moth, New Delhi ‐ 110048, India |
|
Date of Birth : |
13.04.1653 |
|
Date of Appointment : |
02.04.2012 |
|
Date of Cessation : |
16.09.2014 |
|
DIN No.: |
00329411 |
|
|
|
|
Name : |
Mrs. Sujatha Ratnam |
|
Designation : |
Director |
|
Address : |
B ‐ 233, Sector ‐ 50, Noida, Uttar Pradesh ‐ 201301, India |
|
Date of Birth/Age : |
05.08.1964 |
|
Date of Appointment : |
02.04.2009 |
|
DIN No.: |
00403024 |
|
|
|
|
Name : |
Mr. Yogesh Kumar Sareen |
|
Designation : |
Director |
|
Address : |
H. No. ES 083, Nirvana Country, Gurgaon, Haryana ‐ 122004, India |
|
Date of Birth/Age : |
11.10.1964 |
|
Date of Appointment : |
25.09.2012 |
|
DIN No.: |
00884252 |
|
|
|
|
Name : |
Mrs. Malvika Varma |
|
Designation : |
Director |
|
Address : |
B‐34, Sector‐55, Noida, Uttar Pradesh ‐ 201301, India |
|
Date of Birth/Age : |
21.01.1971 |
|
Date of Appointment : |
01.07.2013 |
|
Date of Cessation : |
26.02.2015 |
|
DIN No.: |
00624144 |
|
|
|
|
Name : |
Mr. Ashutosh Chander Sood |
|
Designation : |
Whole – Time Director |
|
Address : |
House No.13, Sector‐11‐A, Chandigarh, Punjab ‐ 160011, India |
|
Date of Birth/Age : |
16.05.1970 |
|
Date of Appointment : |
15.05.2013 |
|
Date of Cessation : |
31.03.2014 |
|
DIN No.: |
06621907 |
|
Name : |
Sandeep Dogra |
|
Designation : |
Whole-time director |
|
Address : |
Near Piru Singh Chowk, Yol Cantt, Dharamshala, Kangra – 176052,
Himachal Pradesh, India |
|
Date of Birth/Age : |
16.02.1973 |
|
Date of Appointment : |
25.09.2014 |
|
DIN No.: |
03606846 |
KEY EXECUTIVES
|
Name : |
Ms. Priyanka Mishra |
|
Designation : |
Secretary |
|
Address : |
Chelsa House, 1166, LIG, First Floor, Sector – 31, Gurgaon, Haryana, India |
|
Date of Birth/Age : |
25.03.1986 |
|
Date of Appointment : |
01.03.2014 |
|
PAN No.: |
ATTPP1002B |
|
|
|
|
Name : |
Mr. Yogesh Gupta |
|
Designation : |
Finance Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 25.09.2014
|
Names of Shareholders |
|
No. of Shares |
|
Max Healthcare Institute Limited, India |
|
12409994 |
|
C. V. Raghu |
|
1 |
|
Yogesh Kumar Gupta |
|
1 |
|
V. Krishnan |
|
1 |
|
B. Das |
|
1 |
|
M. G. Rajagopalan |
|
1 |
|
Rajinder Anand |
|
1 |
|
|
|
|
|
Total |
|
12410000 |
Equity Share Break up (Percentage of Total Equity)
AS ON: 25.09.2014
|
Category |
|
Percentage |
|
|
|
|
|
Bodies corporate |
|
99.99 |
|
Other top fifty shareholders |
|
0.01 |
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Real Estate Developers. |
|
|
|
|
Brand Names : |
Not Divulged |
|
|
|
|
Agencies Held : |
Not Divulged |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
PRODUCTION STATUS : NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management. |
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Bankers : |
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|||||||||||||||||||||||||||
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|||||||||||||||||||||||||||
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Facilities : |
|
|
Financial Institution : |
SREI Equipment Finance Private Limited, 'Vishwakarma', 86C, Topsia Road, Kolkata - 700046, West Bengal, India |
|
|
|
|
Auditors : |
|
|
Name : |
S R B C and Company LLP Chartered Accountants |
|
Address : |
Golf View Corporate, Tower B, Sector - 42, Sector Road, Gurgaon - 122002, Haryana, India |
|
PAN No.: |
ABSFS4151K |
|
|
|
|
Holding company: |
Max Healthcare Institute Limited |
|
|
|
|
Fellow Subsidiary
company: |
|
CAPITAL STRUCTURE
AS ON: 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
13000000 |
Equity Shares |
Rs.10/- each |
Rs. 130.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
12410000 |
Equity Shares |
Rs.10/- each |
Rs. 124.100
Millions |
|
|
|
|
|
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 |
124.100 |
124.100 |
124.100 |
|
(b) Reserves & Surplus |
91.668 |
157.816 |
319.356 |
|
(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) |
215.768 |
281.916 |
443.456 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
806.991 |
602.927 |
457.217 |
|
(b) Deferred tax liabilities
(Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
1.605 |
0.733 |
0.223 |
|
Total
Non-current Liabilities (3) |
808.596 |
603.660 |
457.440 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
20.023 |
93.299 |
0.000 |
|
(b) Trade payables |
183.873 |
104.972 |
45.660 |
|
(c) Other current liabilities |
98.794 |
79.530 |
133.513 |
|
(d) Short-term provisions |
3.194 |
2.002 |
1.015 |
|
Total
Current Liabilities (4) |
305.884 |
279.803 |
180.188 |
|
|
|
|
|
|
TOTAL |
1330.248 |
1165.379 |
1081.084 |
|
|
|
|
|
|
II.
ASSETS |
622.741 |
617.674 |
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
1043.123 |
1037.531 |
1002.848 |
|
(ii) Intangible Assets |
0.348 |
0.442 |
0.520 |
|
(iii) Capital work-in-progress |
28.573 |
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 |
7.360 |
1.222 |
3.039 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
1079.404 |
1039.195 |
1006.407 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
28.918 |
|
(b) Inventories |
20.845 |
17.459 |
16.650 |
|
(c) Trade receivables |
126.318 |
56.222 |
1.567 |
|
(d) Cash and cash equivalents |
61.138 |
41.724 |
22.977 |
|
(e) Short-term loans and
advances |
29.933 |
8.331 |
3.647 |
|
(f) Other current assets |
12.610 |
2.448 |
0.918 |
|
Total
Current Assets |
250.844 |
126.184 |
74.677 |
|
|
|
|
|
|
TOTAL |
1330.248 |
1165.379 |
1081.084 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
1253.412 |
550.119 |
45.192 |
|
|
Other Income |
4.388 |
3.926 |
5.719 |
|
|
TOTAL
(A) |
1257.800 |
554.045 |
50.911 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
TOTAL
(B) |
1161.446 |
585.835 |
159.725 |
|
|
|
|
|
|
|
Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (C) |
96.354 |
(31.790) |
(108.814) |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
103.230 |
75.387 |
30.487 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
(6.876) |
(107.177) |
(139.301) |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION (F) |
59.272 |
54.363 |
22.399 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
(66.148) |
(161.540) |
(161.700) |
|
|
|
|
|
|
|
Less |
TAX
(H) |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H)
(I) |
(66.148) |
(161.540) |
(161.700) |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Capital Goods |
1.937 |
1.011 |
91.722 |
|
|
Other |
0.359 |
0.000 |
0.000 |
|
|
TOTAL
IMPORTS |
2.296 |
1.011 |
91.722 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
(5.33) |
(13.02) |
(13.03) |
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin |
(%) |
(5.28) |
(29.36) |
(357.81) |
|
|
|
|
|
|
|
Operating Profit Margin |
(%) |
7.69 |
(5.78) |
(240.78) |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
(5.08) |
(13.86) |
(14.96) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
(0.31) |
(0.57) |
*0.36) |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
3.83 |
2.47 |
1.03 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.82 |
0.45 |
0.41 |
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 |
124.100 |
124.100 |
124.100 |
|
Reserves & Surplus |
319.356 |
157.816 |
91.668 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
443.456 |
281.916 |
215.768 |
|
|
|
|
|
|
long-term borrowings |
457.217 |
602.927 |
806.991 |
|
Short term borrowings |
0.000 |
93.299 |
20.023 |
|
Total borrowings |
457.217 |
696.226 |
827.014 |
|
Debt/Equity ratio |
1.031 |
2.470 |
3.833 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Sales |
45.192 |
550.119 |
1253.412 |
|
|
|
1,117.293 |
127.844 |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Sales |
45.192 |
550.119 |
1253.412 |
|
Profit/Loss |
(161.700) |
(161.540) |
(66.148) |
|
|
(357.81%) |
(29.36%) |
(5.28%) |
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 |
Yes |
|
30] |
Major Shareholders, if available |
Yes |
|
31] |
Date of Birth of Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
UNSECURED LOAN
|
PARTICULARS |
31.03.2014 (Rs.
In Million) |
31.03.2013 (Rs.
In Million) |
|
Long term
borrowings |
|
|
|
Deferred payment liabilities |
0.000 |
3.637 |
|
Intercorporate Deposits |
204.273 |
0.000 |
|
Short term
borrowings |
|
|
|
Intercorporate deposits |
0.000 |
74.915 |
|
Total |
204.273 |
78.552 |
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10375837 |
19/03/2015 * |
100,000,000.00 |
AXIS BANK LIMITED |
2ND FLOOR, STATEMANS HOUSE,, 148, BARAKHAMBA ROAD |
C50141712 |
|
2 |
10328965 |
15/11/2011 |
40,860,000.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BE |
B29514619 |
|
3 |
10264729 |
09/12/2010 |
620,000,000.00 |
LANDT INFRASTRUCTURE FINANCE COMPANY LIMITED |
MOUNT POONAMALLEE ROAD, MANAPAKKAM, CHENNAI, TAMI |
B04771911 |
* Date of charge modification
REVIEW OF OPERATIONS
In pursuance to the concession agreement executed with the Government of Punjab for setting up of a super-specialty hospital in Mohali the Company is running a hospital with the installed capacity of 200 beds that provides high end medical care to the residents of tri-city of Chandigarh, Mohali and Panchkula. The hospital has been set up as Public Private Partnership with Govt. of Punjab and opened its door to the general public in September, 2011.
The Company from the very beginning has brought immense focus on Patient Care and Patient Safety resulting in building a strong brand equity and increased number of footfalls. Also, they continued their investment in renovation activities, upgradation of medical and engineering equipments.
During the year the revenues grew from Rs. 564.000 Million in 2012-13 to Rs. 1263.000 Million. Towards the end of the year, 168 beds were operational (71 critical and 97 non-critical) and hospital was running at 79.1% bed occupancy. Cardiac Sciences and Orthopedics have been the key driver of the revenue ramp up. A highly skilled team of 672 people is involved in providing world class services to their patients day and night at Mohali hospital, which includes 131 physicians and 294 nurses, 110 Paramedics and 137 Support Staff.
This overall achievement was significantly achieved by the eminent team of surgeons. The team of MAMBS and GI, Cardiology, Orthopedics, CTVS, Urology and Renal Transplant and Gynae were the top performers for the financial year.
NOTE:
The Registered Office of the company has been shifted from 15, Aurangzeb
Road, New Delhi – 110011, India to the present address w.e.f. 01.06.2009.
FIXED ASSETS
- Land
- Buildings
- Furniture and fixtures
- Motor vehicles
- Office equipment
- Computer equipment’s
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 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. 63.40 |
|
|
1 |
Rs. 95.42 |
|
Euro |
1 |
Rs. 68.49 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
SNT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
- |
|
--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 |
|
27 |
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.