|
Report No. : |
318453 |
|
Report Date : |
29.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
JANDIRA COMÉRCIO DE PRODUTOS ALIMENTÍCIOS LTDA. |
|
|
|
|
Registered Office : |
Rua Rio Azul, 247 – Bairro 83325-110 - Pinhais/PR |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.07.2014 |
|
|
|
|
Date of Incorporation : |
07.11.1984 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of Fruit Preserves and Crystalized Fruits, Spices, Seasonings
and Condiments; Packing, Storage Wholesale, Import and Export of
Merchandises. |
|
|
|
|
No. of Employees : |
64 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
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) |
|
Brazil |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BRAZIL - ECONOMIC OVERVIEW
Characterized by large and well-developed agricultural,
mining, manufacturing, and service sectors, and a rapidly expanding middle
class, Brazil's economy outweighs that of all other South American countries,
and Brazil is expanding its presence in world markets. Since 2003, Brazil has
steadily improved its macroeconomic stability, building up foreign reserves,
and reducing its debt profile by shifting its debt burden toward real
denominated and domestically held instruments. Since 2008, Brazil became a net
external creditor and all three of the major ratings agencies awarded
investment grade status to its debt. After strong growth in 2007 and 2008, the
onset of the global financial crisis hit Brazil in 2008. Brazil experienced two
quarters of recession, as global demand for Brazil's commodity-based exports
dwindled and external credit dried up. However, Brazil was one of the first
emerging markets to begin a recovery. In 2010, consumer and investor confidence
revived and GDP growth reached 7.5%, the highest growth rate in the past 25
years. Unemployment is at historic lows and Brazil's traditionally high level
of income inequality has declined for each of the last 15 years. Rising
inflation led the authorities to take measures to cool the economy in 2011; these
actions and the deteriorating international economic situation slowed growth in
2011-14. Brazil’s fiscal and current account balances have eroded during the
past three years as the government attempted to boost economic growth through
targeted tax cuts for industry and incentives to spur household consumption.
President Dilma ROUSSEFF has indicated that her government in her second term
will pursue more austere fiscal policies to reduce these imbalances and
preserve the country’s credit rating.
|
Source
: CIA |
JANDIRA COMÉRCIO
DE PRODUTOS ALIMENTÍCIOS LTDA.
|
MAIN ADDRESS: |
RUA RIO AZUL,247 - BAIRRO |
|
ZIP CODE/CITY: |
83325-110 - PINHAIS/PR |
|
|
|
|
PHONE: |
41 3669-6216 |
|
FAX: |
41 3669-6216 |
|
E-MAIL: |
declaracoes@jandira.com |
|
WEB SITE: |
www.jandira.com |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA JOÃO ZAITTER,171 A - JARDIM GUAIRAÇÁ |
|
ZIP CODE/CITY: |
83.324-21 PINHAIS/PR |
|
CNPJ: |
78.565.389/0002-90 |
|
|
|
|
ADDRESS: |
RUA CHAPECO,137 SALA K - SAGUAÇU |
|
ZIP CODE/CITY: |
89221-040 JOINVILLE/SC |
|
|
|
|
ADDRESS: |
RUA SANTA ROSA,112 SALA 31 - BRAS |
|
ZIP CODE/CITY: |
03007-040 SAO PAULO/SP |
|
MAIN ACTIVITIES: |
|
MANUFACTURE OF FRUIT PRESERVES AND CRYSTALIZED FRUITS, SPICES,
SEASONINGS AND CONDIMENTS; PACKING, STORAGE WHOLESALE, IMPORT AND EXPORT OF
MERCHANDISES. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
07/11/1984 |
|
REGISTER DATE: |
17/11/1984 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
78.565.389/0001-00 |
|
STATE REGISTER: |
13700245-09 |
|
|
|
|
SHARE CAPITAL: |
R$ 165.000,00 |
|
LAST REGISTER OF CAPITAL: |
12/03/1998 |
|
BOARD OF DIRECTORS:
|
|
|
|
|
|
DENISE SOFIA WOELLNER |
MANAGING PARTNER |
|
GABRIEL AUGUSTHO BERALDI |
MANAGING PARTNER |
|
THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
DENISE SOFIA WOELLNER |
95% |
|
GABRIEL AUGUSTHO BERALDI |
5% |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
ALLBRASS COMERCIO DE ALIMENTOS LTDA. |
|
|
THE SUBJECT WAS ESTABLISHED ON NOVEMBER 07, 1984 TO BE ENGAGED IN THE SAID
LINE OF BUSINESS. BUSINESS ADDRESS HAS CHANGED FROM (RODOVIA DEPUTADO JOÃO LEOPOLDO
JACOMEL, 11672 VILA EMI PERNETA, CEP 83325-185 - PINHAIS/PR ) TO THE PRESENT
REGISTERED ONE. PARTNERS: GABRIEL AUGUSTO BERALDI: BRAZILIAN, SINGLE, HOLDER OF DOCUMENTS CPF
055.186.119-35, RG 8.873.480-7-PR, RESIDENTIAL ADDRESS AT RUA HERCULANO
CARLOS FRANCO DE SOUZA 401, APTO 61, CUTITIBA/PR. DENISE SOFIA WOELLNER: BRAZILIAN, DIVORCED, HOLDER OF DOCUMENTS CPF
583.073.209-25 ,RG 3.286.463-5 PR, RESIDENTIAL ADDRESS AT RUA HERCULANO
CARLOS FRANCO DE SOUZA 401, APTO 61, CURITIBA/PR. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT ARE STILL WAITING FOR
AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA NECESSARY TO COMPLETE
THIS REPORT. A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE COMPANY. PROVIDED THE
DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY REPORT WILL BE
SENT TO YOUR ATTENTION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
|
PUBLIC INFORMATION: |
|
LAWSUITS |
|
|
|
|
DATE: |
COURT OF LAW: |
|
1 |
EXECUTIVE LAWSUIT |
27/04/11 |
1ª VARA DE PINHAIS/SP |
|
GENERAL BALANCE SHEETS AS OF 31/07/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/07/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
CASH AND BANKS |
2.613.347,80 |
2.171.013,38 |
1.555.007,60 |
|
CLIENTS |
8.232.054,27 |
17.599.543,07 |
13.033.211,02 |
|
ADVANCE TO EMPLOYEES |
26.815,40 |
9.868,54 |
784,59 |
|
ADVANCE TO SUPPLIERS |
7.877.280,05 |
4.835.637,02 |
302.153,63 |
|
RECOVERABLE TAXES |
4.414.206,84 |
|
417.417,87 |
|
INVENTORY |
22.621.882,85 |
16.740.017,60 |
12.791.177,41 |
|
RECOVERABLE TAXES |
|
146.754,67 |
|
|
IMPORTS IN PROGRESS |
|
|
7.213.018,10 |
|
PRE PAID EXPENSES |
|
|
17.451,59 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT ASSETS |
45.785.587,21 |
41.502.834,28 |
35.330.221,81 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
JUDICIAL DEPOSITS |
266.751,68 |
262.763,68 |
62.575,75 |
|
GRANTED LOANS |
697,46 |
697,46 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG-TERM RECEIVABLES |
267.449,14 |
263.461,14 |
62.575,75 |
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
4.904.343,18 |
4.713.936,00 |
2.294.510,36 |
|
INVESTMENTS |
|
12.800,24 |
12.658,61 |
|
INTANGIBLE |
462,83 |
|
462,83 |
|
DEPRECIATIONS |
-1.538.609,70 |
-1.264.919,00 |
-1.057.153,22 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL FIXED ASSETS |
3.366.196,31 |
3.461.817,24 |
1.250.478,58 |
|
|
================ |
================ |
================ |
|
TOTAL ASSETS |
49.419.232,66 |
45.228.112,66 |
36.643.276,14 |
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/07/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
SUPPLIERS |
6.788.927,51 |
12.601.474,83 |
14.572.072,70 |
|
LOANS AND FINANCING |
142.595,15 |
253.771,00 |
190.636,84 |
|
LABOR OBLIGATIONS |
74.089,20 |
63.828,00 |
117.989,15 |
|
TRIBUTARY OBLIGATIONS |
15.052,17 |
1.612.420,85 |
497.479,17 |
|
ACCOUNTS PAYABLE |
141.271,83 |
285.628,78 |
96.802,73 |
|
LABOR PROVISIONS |
267.679,09 |
247.159,35 |
123.676,14 |
|
SOCIAL OBLIGATIONS |
108.750,55 |
57.448,20 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL CURRENT LIABILITIES |
7.538.365,50 |
15.121.731,01 |
15.598.656,73 |
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
2.357.227,46 |
216.546,88 |
195.179,99 |
|
DEBT WITH PARTNERS |
|
2.140.680,58 |
2.140.680,58 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL LONG TERM LIABILITIES |
2.357.227,46 |
2.357.227,46 |
2.335.860,57 |
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
165.000,00 |
165.000,00 |
165.000,00 |
|
ACCRUED PROFIT (LOSS) |
26.304.154,19 |
27.584.154,19 |
18.543.758,84 |
|
PROFIT (LOSS) OF PERIOD |
13.054.485,51 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL NET EQUITY |
39.523.639,70 |
27.749.154,19 |
18.708.758,84 |
|
|
================ |
================ |
================ |
|
TOTAL LIABILITIES |
49.419.232,66 |
45.228.112,66 |
36.643.276,14 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/07/2014, 31/12/2013 AND 31/12/2012. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/07/2014 |
31/12/2013 |
31/12/2012 |
|
|
|
|
|
|
GROSS SALES |
102.551.787,27 |
139.026.965,97 |
115.359.357,35 |
|
(-) TAXES ON SALES |
14.253.678,77 |
19.012.577,52 |
23.049.860,61 |
|
|
---------------- |
---------------- |
---------------- |
|
NET SALES |
88.298.108,50 |
120.014.388,45 |
92.309.496,74 |
|
(-) COST OF SOLD GOODS |
69.452.101,27 |
91.202.260,49 |
70.742.700,55 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS PROFIT |
18.846.007,23 |
28.812.127,96 |
21.566.796,19 |
|
OPERATING REVENUE (EXPENSE) |
-5.976.318,09 |
-10.874.463,78 |
-5.821.422,61 |
|
FINANCIAL REVENUE(EXPENSE) |
184.796,37 |
14.653,22 |
2.042.434,10 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL PROFIT (LOSS) |
13.054.485,51 |
17.952.317,40 |
17.787.807,68 |
|
NON-OPERATING RESULT |
|
96.652,52 |
-72.706,24 |
|
CONTRIBUTION/INCOME TAX |
|
-7.325.421,93 |
-5.363.302,84 |
|
|
---------------- |
---------------- |
---------------- |
|
NET PROFIT (LOSS) |
13.054.485,51 |
10.723.547,99 |
12.351.798,60 |
|
MONTHLY SALES |
|||
|
|
2014 |
|
|
|
|
--------------------- |
|
|
|
JANUARY |
R$ 10.918.431,70 |
|
|
|
FEBRUARY |
R$ 14.415.199,84 |
|
|
|
MARCH |
R$ 14.921.199,84 |
|
|
|
APRIL |
R$ 14.921.646,24 |
|
|
|
MAY |
R$ 16.604.276,11 |
|
|
|
JUNE |
R$ 11.150.522,13 |
|
|
|
JULY |
R$ 12.134.460,74 |
|
|
|
AUGUST |
R$ 13.933.904,23 |
|
|
|
SEPTEMBER |
|
|
|
|
OCTOBER |
|
|
|
|
NOVEMBER |
|
|
|
|
DECEMBER |
|
|
|
|
TOTAL |
R$
108.999.640,83 |
|
|
|
RATIOS: |
31/07/2014 |
31/12/2013 |
31/12/2012 |
|
QUICK RATIO |
3,07 |
|
1,64 |
|
1,44 |
|
|
CURRENT RATIO |
6,07 |
|
2,74 |
|
2,27 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
10,73 |
TIMES |
6,82 |
TIMES |
7,08 |
TIMES |
|
DAYS' SALES IN RECEIVABLES |
19,58 |
DAYS |
52,79 |
DAYS |
50,83 |
DAYS |
|
INVENTORY TURNOVER |
3,07 |
TIMES |
5,45 |
TIMES |
5,53 |
TIMES |
|
ACCOUNTS PAYABLE PERIOD |
20,53 |
DAYS |
49,74 |
DAYS |
74,16 |
DAYS |
|
RETURN ON ASSETS |
1,79 |
TIMES |
2,65 |
TIMES |
2,52 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
2,23 |
TIMES |
4,33 |
TIMES |
4,93 |
TIMES |
|
NET WORTH TIE-UP |
,12 |
|
,17 |
|
,12 |
|
|
INDEBTEDNESS |
,25 |
|
,63 |
|
,96 |
|
|
EQUITY RATIO |
79,98 |
% |
61,35 |
% |
51,06 |
% |
|
WORKING CAPITAL RATIO |
507,37 |
% |
174,46 |
% |
126,50 |
% |
|
GENERAL SOLVENCY |
4,99 |
|
2,59 |
|
2,04 |
|
|
RETURN ON NET EQUITY |
33,03 |
% |
38,64 |
% |
66,02 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
14,78 |
% |
8,94 |
% |
13,38 |
% |
|
GROSS PROFIT MARGIN |
21,34 |
% |
24,01 |
% |
23,36 |
% |
|
OPERATIONAL RESULT |
14,78 |
% |
14,96 |
% |
19,27 |
% |
|
SALES TURNOVER ON LIABILITIES |
11,71 |
TIMES |
7,94 |
TIMES |
5,92 |
TIMES |
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 3,97 |
- OFFICIAL RATE ON 24/04/2015 |
|
US$ 1,00 = R$ 2,23 |
- OFFICIAL RATE ON 31/07/2014 |
|
US$ 1,00 = R$ 2,34 |
- OFFICIAL RATE ON 31/12/2013 |
|
US$ 1,00 = R$ 2,04 |
- OFFICIAL RATE ON 31/12/2012 |
|
COMMENTS ON THE FINANCIAL
INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE ANNUAL FIGURES AVAILABLE SHOW A GOOD FINANCIAL STANDING. IT SHOWS
GOOD LIQUIDITY RATIOS WITH POSITIVE WORKING CAPITAL AMOUNT AND LOW LEVEL OF
INDEBTEDNESS. IN ADDITION IT IS NOTED GROWING SALES AND PROFITABILITY. THE INTERIM FIGURES FOR JULY 2014 SHOW THAT BOTH THE LIQUIDITY RATIOS
AND THE INDEBTEDNESS LEVEL WERE IMPROVED. IN ADDITION IT IS NOTED GROWING
SALES TREND AND THE OPERATIONS ARE PROFITABLE. |
|
REAL ESTATE: |
NOT AVAILABLE
|
DETAIL OF
RENTED/LEASED REAL ESTATE: |
|
|
|
|
TYPE: |
BUILDING |
|
VALUE: |
R$ 10.822,00 |
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$
369.210,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS
ARE VALUED AT R$ 587.000,00
|
INSURANCE COMPANY: |
EQUILIZA SEGUROS |
|
COVERAGE: |
NOT AVAILABLE. |
|
|
|
|
INSURANCE COMPANY: |
MHR CORRETORA |
|
COVERAGE: |
NOT AVAILABLE. |
|
|
BRANCH/PHONE: |
|
|
HSBC BANK BRASIL S/A |
0689 |
|
|
BANCO DO BRASIL S/A |
3406-1 41 2117-7828 |
|
|
BANCO BRADESCO S/A |
929-6 41 3525-1266 |
|
|
BANCO BRADESCO S/A |
0165 |
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE INFORMATION
OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE
ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
|
SUBJECT IS ENGAGED IN THE RETAIL SALE OF FOODSTUFFS, BEVERAGE AND
TOBACCO. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
CHILE, DENMARK AND ARGENTINA. |
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
PHONE: |
|
ALIBEC INDUSTRIA |
|
11 3984-0105 |
|
CARINO INGREDIENTES |
|
14 2102-2100 |
|
FRUTIFIUQUE |
|
27 3336-7615 |
|
LA RIOJA |
|
11 3328-000 |
|
MAR & MAR |
|
|
|
REDE SONAE |
|
|
|
SIERRA BRASIL |
|
11 3227-5171 |
|
SUPERMERCADOS CONDOR |
|
|
|
VIMACEDO |
|
11 3324-2100 |
|
STAFF: |
|
|
|
THE COMPANY HAS: 64 EMPLOYEE(S) |
|
THE SUBJECT WAS ESTABLISHED IN 1984. SO FAR IT HAS A CLEAR TRADE HISTORY
AND NO PAYMENT PROBLEMS ARE NOTED. THE COMPANY HAS TRADE RELATIONS WITH SOME SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. THE LAWSUIT REPORTED IS NOT RELATED WITH TRADE DEBT. IT IS RELATED TO
TAX DEBT THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID. NEVERTHELESS WE
POINT OUT THAT THE SAID LAWSUIT DOES NOT AFFECT THE COMPANY'S TRADE
REPUTATION. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
ARAUDI |
|
11 4156-4422 |
|
ARVA POLVILHO |
|
45 3275-1139 |
|
BERDEX CANADA LTDA |
|
|
|
CARAMURU ALIMENTOS LTDA |
|
|
|
COOPERATIVA AGROINDUSTRIAL |
|
|
|
DELLA VIA PNEUS LTDA |
|
|
|
HOJA EXPORT LTDA |
|
|
|
ICA IND. E COMERCIO DE PRODUTOS ALIMENTICIOS LTDA |
|
|
|
IPLASTICOM IND. PLASTICOS |
|
48 3258-1514 |
|
LCA |
|
43 3232-8888 |
|
MOHÍNO ROMARIZ IND. COM. LDA |
|
|
|
PLASTICOM EMBALAGENS LTDA |
|
|
|
SEARA |
|
43 3232-8500 |
|
TRANMODULO |
|
11 6941-3074 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
NELSON SENAREGA |
ARGENTINA |
|
|
PACIFIC NUT |
CHILE |
|
|
SUN WEST |
CHILE |
|
|
PAYMENT HISTORY: |
|
8 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 306.681,00 |
|
|
|
AMOUNT OF INVOICES PAID: 30 |
|
TOTAL OF PROMPT PAYMENTS: 99,3% |
|
TOTAL OF DELAYED PAYMENTS: 0,7% |
|
|
|
HIGHEST INVOICE: R$ 38.707,00 |
|
HIGHEST CREDIT: R$ 38.707,00 |
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL YEARS.
UP TO DATE IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR. BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.33 |
|
|
1 |
Rs.96.52 |
|
Euro |
1 |
Rs.68.93 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIT |
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 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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.