MIRA INFORM REPORT
|
Report No. : |
335545 |
|
Report Date : |
07.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
AL ZIA EXPORTS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
T-290, 2nd Floor, Idgah Road, Quresh Nagar, Delhi - 110006 |
|
Tel. No.: |
91-11-23676786 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
02.09.2008 |
|
|
|
|
Com. Reg. No.: |
55-182751 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 0.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74120DL2008PTC182751 |
|
|
|
|
IEC No.: |
0508060044 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAHCA2712R |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Exporter of high grade Frozen Buffalo Boneless Meat. |
|
|
|
|
No. of Employees
: |
60 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (48) |
|
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 |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a private limited company incorporated on 2 September 2008.
It is having a satisfactory track record. Directors of Al Zia Exports Private Limited are Mohammed Anzar,
Mohammed Ziauddin and Mujahidul Islam Zaiuddin Maniyar. There seems significant growth in its sales turnover i.e. Rs. 71.578
Million in the FY 2014 due to increase in its orders. The company is operating on its owned funds. Trade relations are fair. Business is active. Payment terms are
usually correct. The company can be considered 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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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
31-03-2013.
INFORMATION PARTED BY
|
Name : |
Mr. Mujahidul Islam |
|
Designation : |
Director |
|
Contact No.: |
91-9320591976 |
|
Date : |
07.08.2015 |
LOCATIONS
|
Registered Office : |
T-290, 2nd Floor, Idgah Road, Quresh Nagar, Delhi – 110006,
India |
|
Tel. No.: |
91-11-23676786 |
|
Mobile No.: |
91-9320591976/ 9911222152 (Mr. Mujahidul Islam) |
|
Fax No.: |
91-11-23523867 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
AS ON 30.09.2014
|
Name : |
Mohammed Anzar |
|
Designation : |
Director |
|
Address : |
T-290, 2nd Floor, Idgah Road, Quresh Nagar, Delhi – 110006,
India |
|
Date of Birth/Age : |
05.01.1986 |
|
Date of Appointment : |
02.09.2008 |
|
PAN No.: |
AGPPA7786A |
|
DIN No.: |
02258983 |
|
|
|
|
Name : |
Mohammed Ziauddin |
|
Designation : |
Director |
|
Address : |
T-290, 2nd Floor, Idgah Road, Quresh Nagar, Delhi – 110006,
India |
|
Date of Birth/Age : |
07.08.1957 |
|
Date of Appointment : |
02.09.2008 |
|
PAN No.: |
AADPZ1031H |
|
DIN No.: |
02259004 |
|
|
|
|
Name : |
Mujahidul Islam Ziauddin Maniyar |
|
Designation : |
Additional director |
|
Address : |
High Land Court CHSL, Flat No. A/602, Bazar Road Bandra (West), Mumbai – 400050, Maharashtra, India |
|
Date of Birth/Age : |
06.09.1990 |
|
Date of Appointment : |
05.04.2013 |
|
PAN No.: |
BLDPM0042F |
|
DIN No.: |
06573554 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2014
|
Names of Shareholders |
No. of Shares |
Percentage of Holding |
|
Mohammed Ziauddin |
5000 |
50.00 |
|
Mohammed Anzar |
5000 |
50.00 |
|
|
|
|
|
Total |
10000 |
100.00 |
AS ON 02.02.2015
|
Names of Allottees |
No. of Shares |
|
Mohammed Ziauddin |
25000 |
|
Mohammed Anzar |
25000 |
|
|
|
|
Total |
50000 |
AS ON 30.09.2014
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Directors
or relatives of directors |
100.00 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Exporter of high grade Frozen Buffalo Boneless Meat. |
|
|
|
|
Brand Names : |
-- |
|
|
|
|
Agencies Held : |
-- |
|
|
|
|
Exports : |
|
|
Products : |
Frozen Buffalo Boneless Meat |
|
Countries : |
· Vietnam · China · Middle East · Gulf Countries · Dubai · African Countries · Sharjah |
|
|
|
|
Imports : |
-- |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit (30 Days, 60 Days and 90 Days) |
|
|
|
|
Purchasing : |
Cash and Credit (30 Days, 60 Days and 90 Days) |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
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|
Customers : |
End Users, OEMs and Manufacturer
|
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No. of Employees : |
60 (Approximately) |
||||||||||||||||||||||
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Bankers : |
|
||||||||||||||||||||||
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||||||||||||||||||||||
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Facilities : |
|
|
|
|
|
Auditors : |
|
|
Name : |
A.K. Garg and Associates Chartered Accountants |
|
Address : |
5/212, 2nd Floor, Lalita Park, Laxmi Nagar, Delhi – 110096, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AIEPM1864A |
|
|
|
|
Memberships : |
· Agricultural and Processed Food Products Export Development Authority (Ministry of Commerce, Govt. of India) “APEDA”. · Delhi Chamber of Commerce |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Associates/Subsidiaries : |
AL Barkat Enterprises |
CAPITAL STRUCTURE
AFTER 30.09.2014
Authorised Capital : Rs. 5.100 Million
Issued, Subscribed & Paid-up Capital : Rs. 5.100
Million
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10,000 |
Equity Shares |
Rs. 10/- each |
Rs. 0.100 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10,000 |
Equity Shares |
Rs. 10/- each |
Rs. 0.100 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
|
|
31.03.2015 (Provisional) |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
0.100 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
5.783 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
5] Profit and Loss Account |
|
|
64.508 |
|
|
NETWORTH |
|
|
70.391 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
4.050 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
4.050 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
74.441 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
0.202 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.560 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
123.975 |
|
|
Sundry Debtors |
|
|
528.989 |
|
|
Cash & Bank Balances |
|
|
(41.949) |
|
|
Other Current Assets |
|
|
10.300 |
|
|
Loans & Advances |
|
|
55.328 |
|
Total
Current Assets |
|
|
676.643 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
595.004 |
|
|
Other Current Liabilities |
|
|
5.161 |
|
|
Provisions |
|
|
2.799 |
|
Total
Current Liabilities |
|
|
602.964 |
|
|
Net Current Assets |
|
|
73.679 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
74.441 |
|
|
SOURCES OF FUNDS |
|
31.03.2014 |
31.03.2013 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
0.100 |
0.100 |
|
(b) Reserves & Surplus |
|
5.786 |
0.659 |
|
(c) Money received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share
Application money pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
5.886 |
0.759 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
|
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c)
Other long term liabilities |
|
0.000 |
0.000 |
|
(d)
long-term provisions |
|
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
|
0.000 |
0.000 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
|
0.000 |
0.000 |
|
(b)
Trade payables |
|
169.047 |
2.239 |
|
(c)
Other current liabilities |
|
22.194 |
4.450 |
|
(d)
Short-term provisions |
|
2.526 |
0.266 |
|
Total
Current Liabilities (4) |
|
193.767 |
6.955 |
|
|
|
|
|
|
TOTAL |
|
199.653 |
7.714 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
|
0.131 |
0.012 |
|
(ii)
Intangible Assets |
|
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
|
0.000 |
0.000 |
|
(iv) Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current
Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
|
0.000 |
0.000 |
|
(d) Long-term Loan
and Advances |
|
0.000 |
0.000 |
|
(e)
Other Non-current assets |
|
0.060 |
0.060 |
|
Total
Non-Current Assets |
|
0.191 |
0.072 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
11.548 |
0.000 |
|
(c)
Trade receivables |
|
179.049 |
0.000 |
|
(d)
Cash and cash equivalents |
|
7.380 |
1.992 |
|
(e)
Short-term loans and advances |
|
1.485 |
5.650 |
|
(f)
Other current assets |
|
0.000 |
0.000 |
|
Total
Current Assets |
|
199.462 |
7.642 |
|
|
|
|
|
|
TOTAL |
|
199.653 |
7.714 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2015 (Provisional) |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
3435.002 |
|
|
|
Other Income |
|
|
55.972 |
|
|
|
TOTAL |
|
|
3490.974 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods sold |
|
|
3178.033 |
|
|
|
Direct Expenses |
|
|
215.888 |
|
|
|
Indirect Expenses Exports related expenses |
|
|
19.231 |
|
|
|
Rent paid |
|
|
0.259 |
|
|
|
Audit fee |
|
|
0.400 |
|
|
|
Bank charges |
|
|
1.096 |
|
|
|
Business promotion |
|
|
0.692 |
|
|
|
Commission |
|
|
4.279 |
|
|
|
Foreign Bank charges |
|
|
0.716 |
|
|
|
Foreign Travelling |
|
|
0.275 |
|
|
|
Salary |
|
|
3.197 |
|
|
|
Staff welfare |
|
|
0.332 |
|
|
|
Travelling Expenses |
|
|
0.938 |
|
|
|
Other Expenses |
|
|
1.042 |
|
|
|
TOTAL |
|
|
3426.378 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE DEPRECIATION AND AMORTISATION |
|
|
64.596 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
|
0.088 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
|
|
64.508 |
|
|
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
|
445.370 |
71.578 |
|
|
|
Other Income |
|
4.499 |
0.000 |
|
|
|
TOTAL (A) |
|
449.869 |
71.578 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
|
401.176 |
69.057 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
|
(11.548) |
0.000 |
|
|
|
Employees benefits expense |
|
1.438 |
1.311 |
|
|
|
Other expenses |
|
51.136 |
0.392 |
|
|
|
TOTAL (B) |
|
442.202 |
70.760 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
|
7.667 |
0.818 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
7.667 |
0.818 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
0.013 |
0.008 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
|
7.654 |
0.810 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
|
2.527 |
0.266 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
|
5.127 |
0.544 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
|
512.70 |
54.40 |
|
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
PARTICULARS |
31.03.2015 (Provisional) |
31.03.2014 |
31.03.2013 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
|
|
|
|
|
Cash generated from operations |
NA |
NA |
NA |
|
|
|
|
|
|
Net Cash flow from (used in) Operations |
NA |
NA |
NA |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2015 (Provisional) |
31.03.2014 |
31.03.2013 |
|
Net Profit Margin (PAT / Sales) |
(%) |
1.88
|
1.15 |
0.76 |
|
|
|
|
|
|
|
Operating Profit Margin (PBDIT/Sales) |
(%) |
NA
|
1.72 |
1.14 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
9.53
|
3.83 |
10.50 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.92
|
1.30 |
1.07 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.06
|
0.00 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.12
|
1.03 |
1.10 |
Total Liability = Short-term Debt + Long-term Debt + Current Maturities
of Long-term debts
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
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 |
71.578 |
445.370 |
3435.002 |
|
|
|
522.216 |
671.269 |
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 |
71.578 |
445.370 |
3435.002 |
|
Profit |
0.544 |
5.127 |
64.508 |
|
|
0.76% |
1.15% |
1.88% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
No |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
Yes |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
22 |
Conduct of the banking account |
Yes |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
Yes |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX OF CHARGES: NO CHARGES
EXIST FOR COMPANY
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. 63.76 |
|
|
1 |
Rs. 99.60 |
|
Euro |
1 |
Rs. 69.71 |
INFORMATION DETAILS
|
Information Gathered
by : |
PPT |
|
|
|
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
BVA |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--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 |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
48 |
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.