|
Report No. : |
354862 |
|
Report Date : |
19.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
JBF TRADE INVEST PTE. LTD. |
|
|
|
|
Registered Office : |
112, Robinson Road, 05-01, Robinson 112,
068902 |
|
|
|
|
Country : |
Singapore |
|
|
|
|
Financials (as on) : |
31.03.2015 |
|
|
|
|
Date of Incorporation : |
25.11.2014 |
|
|
|
|
Com. Reg. No.: |
201435082-W |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
General wholesale trade & other investment
holding companies. [Note: We tried to confirm
/ obtain the detailed activity but the same is not available from any
sources] |
|
|
|
|
No. of Employee : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
-- |
NB |
New Business |
-- |
|
Status : |
New business |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SINGAPORE ECONOMIC OVERVIEW
Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. Unemployment is very low. The economy depends heavily on exports, particularly of consumer electronics, information technology products, medical and optical devices, pharmaceuticals, and on its vibrant transportation, business, and financial services sectors. The economy contracted 0.6% in 2009 as a result of the global financial crisis, but has continued to grow since 2010 on the strength of renewed exports. Growth in 2014 was slower at 2.9%, largely a result of soft demand for exports amid a sluggish global economy and weak growth in Singapore’s manufacturing sector. The government is attempting to restructure Singapore’s economy by weaning its dependence on foreign labor, addressing weak productivity, and increasing Singaporean wages. Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to strengthen its position as Southeast Asia's leading financial and high-tech hub. Singapore is a member of the 12-nation Trans-Pacific Partnership free trade negotiations, the Regional Comprehensive Economic Partnership negotiations with the nine other ASEAN members plus Australia, China, India, Japan, South Korea and New Zealand, and in 2015, Singapore will form, with the other ASEAN members, the ASEAN Economic Community.
|
Source
: CIA |
|
REGISTRATION
NO. |
: |
201435082-W |
|
COMPANY NAME |
: |
JBF TRADE INVEST PTE. LTD. |
|
FORMER NAME |
: |
N/A |
|
INCORPORATION
DATE |
: |
25/11/2014 |
|
COMPANY STATUS |
: |
EXIST |
|
LEGAL FORM |
: |
PRIVATE LIMITED |
|
LISTED STATUS |
: |
NO |
|
REGISTERED
ADDRESS |
: |
112, ROBINSON
ROAD, 05-01, ROBINSON 112, 068902, SINGAPORE. |
|
BUSINESS
ADDRESS |
: |
112 ROBINSON
ROAD #05-01 ROBINSON 112,, 068902, SINGAPORE. |
|
TEL.NO. |
: |
65-62276660 |
|
FAX.NO. |
: |
N/A |
|
CONTACT PERSON |
: |
BHAGIRATH
CHANDULAL ARYA ( DIRECTOR ) |
|
PRINCIPAL
ACTIVITY |
: |
GENERAL
WHOLESALE TRADE & OTHER INVESTMENT HOLDING COMPANIES |
|
ISSUED AND PAID
UP CAPITAL |
: |
100.00 ORDINARY
SHARE, OF A VALUE OF USD 100.00 |
|
SALES |
: |
USD 8 [2015] |
|
NET WORTH |
: |
USD (3,866)
[2015] |
|
STAFF STRENGTH |
: |
N/A |
|
LITIGATION |
: |
CLEAR |
|
FINANCIAL
CONDITION |
: |
POOR |
|
PAYMENT |
: |
N/A |
|
MANAGEMENT
CAPABILITY |
: |
WEAK |
|
COMMERCIAL RISK |
: |
N/A |
|
CURRENCY
EXPOSURE |
: |
N/A |
|
GENERAL
REPUTATION |
: |
NOT YET
DETERMINED |
|
INDUSTRY
OUTLOOK |
: |
AVERAGE GROWTH |
HISTORY / BACKGROUND
|
The Subject is a private
limited company and is allowed to have a minimum of one and a maximum of
forty-nine shareholders. As a private limited company, the Subject must have at
least two directors. A private limited company is a separate legal entity from
its shareholders. As a separate legal entity, the Subject is capable of owning
assets, entering into contracts, sue or be sued by other companies. The
liabilities of the shareholders are to the extent of the equity they have taken
up and the creditors cannot claim on shareholders' personal assets even if the
Subject is insolvent. The Subject is governed by the Companies Act and the
company must file its annual returns, together with its financial statements
with the Registrar of Companies.
The Subject is
principally engaged in the (as a / as an) general wholesale trade & other
investment holding companies.
Share Capital History
|
Date |
Issue & Paid Up Capital |
|
16/12/2015 |
USD 100.00 |
The major
shareholder(s) of the Subject are shown as follows :
Current Shareholder(s) :
|
Name |
Address |
IC/PP/Loc No |
Shareholding |
(%) |
|
JBF GLOBAL PTE.
LTD. |
112, ROBINSON
ROAD, 05-01, ROBINSON 112 068902 ,SINGAPORE |
200706745H |
100.00 |
100.00 |
|
--------------- |
------ |
|||
|
100.00 |
100.00 |
|||
|
============ |
===== |
+ Also Director
DIRECTORS
|
DIRECTOR 1
|
Name Of Subject |
: |
BHAGIRATH
CHANDULAL ARYA |
|
Address |
: |
B2, RIZVI PARK,
ALTAMOUNT ROAD, II FLOOR, 400 026, MUMBAI, INDIA. |
|
IC / PP No |
: |
Z1894459 |
|
Nationality |
: |
INDIAN |
|
Date of
Appointment |
: |
25/11/2014 |
DIRECTOR 2
|
Name Of Subject |
: |
UJJWALA GIRISH
APTE |
|
Address |
: |
RAMBAUG, 210,
LADY JAMSHEDJI, RD, MAHIM, MUMBAI, 16, M.S., INDIA. |
|
IC / PP No |
: |
K0980178 |
|
Nationality |
: |
INDIAN |
|
Date of
Appointment |
: |
01/12/2014 |
|
Remark |
: |
ALTERNATE
DIRECTOR TO BHAGIRATH CHANDULAL ARYA |
DIRECTOR 3
|
Name Of Subject |
: |
LIM TIONG BENG |
|
Address |
: |
2, GUOK AVENUE,
119632, SINGAPORE. |
|
IC / PP No |
: |
S1073678A |
|
Nationality |
: |
SINGAPOREAN |
|
Date of
Appointment |
: |
25/11/2014 |
DIRECTOR 4
|
Name Of Subject |
: |
PURSHOTTAM
THAKORE |
|
Address |
: |
302-A/B,
SONAKIRAN, KANDARPADA CROSS ROAD, DAHISAR (W), 400 068, MUMBAI, INDIA. |
|
IC / PP No |
: |
Z2966701 |
|
Nationality |
: |
INDIAN |
|
Date of
Appointment |
: |
25/11/2014 |
|
1) |
Name of Subject |
: |
BHAGIRATH
CHANDULAL ARYA |
|
Position |
: |
DIRECTOR |
|
|
Auditor |
: |
MGI N RAJAN
ASSOCIATES |
|
Auditor'
Address |
: |
N/A |
|
1) |
Company
Secretary |
: |
TEO CHIN KEE |
|
IC / PP No |
: |
S2622115C |
|
|
Address |
: |
244, LORONG
CHUAN, 07-06, CHUAN PARK, 556745, SINGAPORE. |
|
No Banker found in our databank.
No encumbrance was found in our databank at the time of investigation.
LITIGATION CHECK AGAINST SUBJECT
|
* A check has been conducted in our databank againt the Subject whether the
subject has been involved in any litigation.
No legal action was found in our databank.
No winding up petition was found in our databank.
PAYMENT RECORD
|
|
||
|
SOURCES OF RAW
MATERIALS: |
||
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
The staff from the registered office refused to disclose the Subject's suppliers.
CLIENTELE
|
|
Local |
: |
N/A |
|
Overseas |
: |
N/A |
The staff from the registered office refused to disclose the Subject's
clientele.
OPERATIONS
|
|
Goods Traded |
: |
GENERAL WHOLESALE
TRADE |
|
|
Services |
: |
INVESTMENT
HOLDING |
|
|
Branch |
: |
NO |
Other Information:
The Subject is principally engaged in the (as a / as an) general wholesale
trade & other investment holding companies.
The staff from the registered office refused to disclose the Subject's
operation.
CURRENT INVESTIGATION
|
Latest fresh
investigations carried out on the Subject indicated that :
|
Telephone
Number Provided By Client |
: |
N/A |
|
Current Telephone
Number |
: |
65-62276660 |
|
Match |
: |
N/A |
|
Address
Provided by Client |
: |
112 ROBINSON
ROAD, 305-01 SINGAPORE 068902 |
|
Current Address |
: |
112 ROBINSON
ROAD #05-01 ROBINSON 112,, 068902, SINGAPORE. |
|
Match |
: |
NO |
Other Investigations
On 14th December 2015 we contacted one of the staff from the Subject's
registered office and she provided some information.
She refused to disclose the fax number.
She is not aware of the address provided.
She refused to disclose the Subject's number of employees.
|
Profitability |
||||||
|
Return on
Shareholder Funds |
: |
Unfavourable |
[ |
102.59% |
] |
|
|
Return on Net
Assets |
: |
Unfavourable |
[ |
102.59% |
] |
|
|
Although the
Subject's returns showed positive figures it is not reflective of the true
situation. The Subject incurred losses during the year and its shareholders'
funds have turned red. The positive returns on shareholders' funds is the result
of losses divided by negative shareholders' funds. The Subject's management
was inefficient in utilising the assets to generate returns. |
||||||
|
Working Capital Control |
||||||
|
Stock Ratio |
: |
Nil |
[ |
0 Days |
] |
|
|
Debtor Ratio |
: |
Favourable |
[ |
0 Days |
] |
|
|
Creditors Ratio |
: |
Favourable |
[ |
0 Days |
] |
|
|
As the Subject
is a service oriented company, the Subject does not need to keep stocks. The favourable
debtors' days could be due to the good credit control measures implemented by
the Subject. The Subject had a favourable creditors' ratio where the Subject
could be taking advantage of the cash discounts and also wanting to maintain
goodwill with its creditors. |
||||||
|
Liquidity |
||||||
|
Liquid Ratio |
: |
Acceptable |
[ |
0.87 Times |
] |
|
|
Current Ratio |
: |
Unfavourable |
[ |
0.87 Times |
] |
|
|
The Subject's liquid
ratio was slightly low. This could indicate that the Subject's working
capital was slightly deficient. The Subject will have to improve its
liquidity position either by obtaining short term financing or increase its
paid up capital so that it can meet all its short term obligations as and
when they fall due. |
||||||
|
Solvency |
||||||
|
Interest Cover |
: |
Nil |
[ |
0.00 Times |
] |
|
|
Gearing Ratio |
: |
Favourable |
[ |
0.00 Times |
] |
|
|
The Subject's interest
cover was nil as it did not pay any interest during the year. The Subject had
no gearing and hence it had virtually no financial risk. The Subject was
financed by its shareholders' funds and internally generated fund. During the
economic downturn, the Subject, having a zero gearing, will be able to
compete better than those which are highly geared in the same industry. |
||||||
|
Overall Assessment : |
||||||
|
The Subject's liquidity
was at an acceptable range. If the Subject is able to obtain further short
term financing, it should be able to meet all its short term obligations. The
Subject did not make any interest payment during the year. The Subject was
dependent on its shareholders' funds to finance its business needs. The
Subject was a zero gearing company, it was solely dependant on its
shareholders to provide funds to finance its business. The Subject has good
chance of getting loans, if the needs arises. |
||||||
|
Overall financial condition of the Subject : POOR |
||||||
|
Major Economic Indicators : |
2010 |
2011 |
2012 |
2013 |
2014 |
|
|
|||||
|
Population
(Million) |
5.08 |
5.18 |
5.31 |
5.40 |
5.47 |
|
Gross Domestic
Products ( % ) |
14.5 |
4.9 |
1.3 |
3.7 |
(3.5) |
|
Consumer Price
Index |
2.8 |
5.2 |
4.6 |
2.4 |
2.4 |
|
Total Imports
(Million) |
423,221.8 |
459,655.1 |
474,554.0 |
466,762.0 |
463,779.1 |
|
Total Exports
(Million) |
478,840.7 |
514,741.2 |
510,329.0 |
513,391.0 |
518,922.7 |
|
|
|||||
|
Unemployment
Rate (%) |
2.2 |
2.1 |
2.0 |
1.9 |
1.9 |
|
Tourist Arrival
(Million) |
11.64 |
13.17 |
14.49 |
15.46 |
15.01 |
|
Hotel Occupancy
Rate (%) |
85.6 |
86.5 |
86.4 |
86.3 |
85.5 |
|
Cellular Phone
Subscriber (Million) |
1.43 |
1.50 |
1.52 |
1.97 |
1.98 |
|
|
|||||
|
Registration of
New Companies (No.) |
29,798 |
32,317 |
31,892 |
37,288 |
41,589 |
|
Registration of
New Companies (%) |
12.8 |
8.5 |
(1.3) |
9.8 |
11.5 |
|
Liquidation of
Companies (No.) |
15,126 |
19,005 |
17,218 |
17,369 |
18,767 |
|
Liquidation of
Companies (%) |
(32.5) |
25.6 |
9.4 |
(5.3) |
8.0 |
|
|
|||||
|
Registration of
New Businesses (No.) |
23,978 |
23,494 |
24,788 |
22,893 |
35,773 |
|
Registration of
New Businesses (%) |
(10.78) |
2.02 |
5.51 |
1.70 |
56.30 |
|
Liquidation of
Businesses (No.) |
24,211 |
23,005 |
22,489 |
22,598 |
22,098 |
|
Liquidation of
Businesses (%) |
2.8 |
(5) |
(2.2) |
0.5 |
(2.2) |
|
|
|||||
|
Bankruptcy Orders
(No.) |
1,537 |
1,527 |
1,748 |
1,992 |
1,757 |
|
Bankruptcy
Orders (%) |
(25.3) |
(0.7) |
14.5 |
14.0 |
(11.8) |
|
Bankruptcy
Discharges (No.) |
2,252 |
1,391 |
1,881 |
2,584 |
3,546 |
|
Bankruptcy
Discharges (%) |
(26.3) |
(38.2) |
35.2 |
37.4 |
37.2 |
|
|
|||||
|
INDUSTRIES ( % of Growth ) : |
|||||
|
Agriculture |
|||||
|
Production of
Principal Crops |
(0.48) |
4.25 |
3.64 |
- |
|
|
Fish Supply
& Wholesale |
(10.5) |
12.10 |
(0.5) |
- |
2.80 |
|
|
|||||
|
Manufacturing * |
92.8 |
100.0 |
100.3 |
102.0 |
|
|
Food, Beverages
& Tobacco |
96.4 |
100.0 |
103.5 |
103.5 |
105.0 |
|
Textiles |
122.1 |
100.0 |
104.0 |
87.1 |
74.9 |
|
Wearing Apparel |
123.3 |
100.0 |
92.1 |
77.8 |
49.5 |
|
Leather
Products & Footwear |
81.8 |
100.0 |
98.6 |
109.8 |
95.9 |
|
Wood & Wood
Products |
104.0 |
100.0 |
95.5 |
107.4 |
112.0 |
|
Paper &
Paper Products |
106.1 |
100.0 |
97.4 |
103.2 |
103.4 |
|
Printing &
Media |
103.5 |
100.0 |
93.0 |
86.1 |
80.3 |
|
Crude Oil
Refineries |
95.6 |
100.0 |
99.4 |
93.5 |
85.6 |
|
Chemical &
Chemical Products |
97.6 |
100.0 |
100.5 |
104.1 |
114.0 |
|
Pharmaceutical
Products |
75.3 |
100.0 |
109.7 |
107.2 |
115.7 |
|
Rubber &
Plastic Products |
112.3 |
100.0 |
96.5 |
92.9 |
92.8 |
|
Non-metallic
Mineral |
92.5 |
100.0 |
98.2 |
97.6 |
82.2 |
|
Basic Metals |
102.2 |
100.0 |
90.6 |
76.5 |
98.3 |
|
Fabricated
Metal Products |
103.6 |
100.0 |
104.3 |
105.1 |
105.1 |
|
Machinery &
Equipment |
78.5 |
100.0 |
112.9 |
114.5 |
124.0 |
|
Electrical
Machinery |
124.1 |
100.0 |
99.3 |
108.5 |
121.3 |
|
Electronic
Components |
113.6 |
100.0 |
90.6 |
94.3 |
95.0 |
|
Transport
Equipment |
94.0 |
100.0 |
106.3 |
107.5 |
103.2 |
|
|
|||||
|
Construction |
14.20 |
20.50 |
28.70 |
- |
22.00 |
|
Real Estate |
21.3 |
25.4 |
31.9 |
- |
145.1 |
|
|
|||||
|
Services |
|||||
|
Electricity,
Gas & Water |
4.00 |
7.00 |
6.30 |
- |
|
|
Transport,
Storage & Communication |
12.80 |
7.40 |
5.30 |
- |
14.20 |
|
Finance &
Insurance |
(0.4) |
8.90 |
0.50 |
- |
6.00 |
|
Government
Services |
9.70 |
6.90 |
6.00 |
- |
|
|
Education
Services |
(0.9) |
(1.4) |
0.30 |
- |
5.98 |
|
|
|||||
|
* Based on
Index of Industrial Production (2011 = 100) |
INDUSTRY ANALYSIS
|
|
INDUSTRY : |
TRADING |
|
The wholesale and
retail trade sectors have expanded by 2.0% in the third quarter of 2014,
extending the 1.8 per cent growth in the previous quarter. In 2013, the
wholesale and retail sector expanded by 5.0%, after declining by 1.4% the
year before. Growth of the sector was driven by the wholesale trade segment. |
|
|
The domestic
wholesale trade index has increased by 3.2% in the fourth quarter of 2013,
moderating from the 6.6% growth in the previous quarter. The slower growth
was due to a decline in the sales of furniture and household equipment (-12%)
and petroleum and petroleum products (-0.6%). For the full year, the domestic
wholesale trade index grew by 5.2% reversing the 2.2% decline in 2012. On the
other hand, the foreign wholesale trade index has increased by a slower pace
of 5.6% in the fourth quarter, compared to the 7.7% expansion in the
preceding quarter. The slowdown was due to a fall in the sales of
telecommunication equipment and computer (-3.8%) and petroleum and petroleum
products (-2.5%). For the full year, the growth of the foreign wholesale
trade index moderated slightly to 8.6% from 9.1% in the previous year. |
|
|
In the fourth
quarter of 2013, retail sales volume fell by 6.2%, extending the 5.6% decline
in the previous quarter. Excluding motor vehicles, retail sales volume
increased by 0.4%, a slower pace of expansion as compared to the 1.6% gain in
the preceding quarter. The sales volume of motor vehicles fell by 33% in the
fourth quarter of 2013, extending the 32% decline in the previous quarter.
Meanwhile, the sales of several discretionary items also fell in the fourth
quarter of 2013. For instance, the sales of telecommunications apparatus and
computers fell by 12%, while the sales of furniture and household equipment
declined by 5.4%. |
|
|
For the full
year, retail sales volume contracted by 4.3%, a reversal from the 1.3%
expansion in 2012. Excluding motor vehicle sales, the retail sales volume
grew by 1.1% in 2013, slower than the 1.7% increase in 2012. Watches and
jewellery recorded the largest increase (11%) in sales in 2013, followed by
optical goods and book (3%) and medical goods and toiletries (3%). By
contrast, the sales of telecommunications apparatus and computer (-7.3%),
furniture and household equipment (-4.2%) and petrol service stations (-1.4)
declined in 2013. |
|
|
OVERALL INDUSTRY OUTLOOK : AVERAGE GROWTH |
|
|
|
|
|
|
THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH SINGAPORE
FINANCIAL REPORTING STANDARDS. |
|
JBF TRADE INVEST PTE. LTD. |
|
Financial Year End |
2015-03-31 |
|
Months |
12 |
|
Consolidated
Account |
Company |
|
Audited Account |
YES |
|
Unqualified
Auditor's Report (Clean Opinion) |
YES |
|
Financial Type |
FULL |
|
Currency |
USD |
|
TURNOVER |
8 |
|
---------------- |
|
|
Total Turnover |
8 |
|
---------------- |
|
|
PROFIT/(LOSS)
FROM OPERATIONS |
(3,966) |
|
---------------- |
|
|
PROFIT/(LOSS)
BEFORE TAXATION |
(3,966) |
|
---------------- |
|
|
PROFIT/(LOSS)
AFTER TAXATION |
(3,966) |
|
---------------- |
|
|
PROFIT AVAILABLE
FOR APPROPRIATIONS |
(3,966) |
|
---------------- |
|
|
RETAINED
PROFIT/(LOSS) CARRIED FORWARD |
(3,966) |
|
============= |
|
|
JBF TRADE INVEST PTE. LTD. |
|
Cash & bank
balances |
7,049 |
|
Others |
19,769 |
|
---------------- |
|
|
TOTAL CURRENT
ASSETS |
26,818 |
|
---------------- |
|
|
TOTAL ASSET |
26,818 |
|
============= |
|
|
Amounts owing
to holding company |
30,684 |
|
---------------- |
|
|
TOTAL CURRENT
LIABILITIES |
30,684 |
|
---------------- |
|
|
NET CURRENT
ASSETS/(LIABILITIES) |
(3,866) |
|
---------------- |
|
|
TOTAL NET
ASSETS |
(3,866) |
|
============= |
|
|
SHARE CAPITAL |
|
|
Ordinary share
capital |
100 |
|
---------------- |
|
|
TOTAL SHARE
CAPITAL |
100 |
|
Retained profit/(loss)
carried forward |
(3,966) |
|
---------------- |
|
|
TOTAL RESERVES |
(3,966) |
|
---------------- |
|
|
SHAREHOLDERS'
FUNDS/EQUITY |
(3,866) |
|
---------------- |
|
|
(3,866) |
|
|
============= |
|
|
TYPES OF FUNDS |
|
|
Cash |
7,049 |
|
Net Liquid
Funds |
7,049 |
|
Net Liquid
Assets |
(3,866) |
|
Net Current
Assets/(Liabilities) |
(3,866) |
|
Net Tangible
Assets |
(3,866) |
|
Net Monetary
Assets |
(3,866) |
|
PROFIT & LOSS ITEMS |
|
|
Earnings Before
Interest & Tax (EBIT) |
0 |
|
Earnings Before
Interest, Taxes, Depreciation And Amortization (EBITDA) |
(3,966) |
|
BALANCE SHEET ITEMS |
|
|
Total
Borrowings |
0 |
|
Total
Liabilities |
30,684 |
|
Total Assets |
26,818 |
|
Net Assets |
(3,866) |
|
Net Assets Backing |
(3,866) |
|
Shareholders'
Funds |
(3,866) |
|
Total Share
Capital |
100 |
|
Total Reserves |
(3,966) |
|
LIQUIDITY (Times) |
|
|
Cash Ratio |
0.23 |
|
Liquid Ratio |
0.87 |
|
Current Ratio |
0.87 |
|
WORKING CAPITAL CONTROL (Days) |
|
|
Stock Ratio |
0 |
|
Debtors Ratio |
0 |
|
Creditors Ratio |
0 |
|
SOLVENCY RATIOS (Times) |
|
|
Gearing Ratio |
0 |
|
Liabilities
Ratio |
(7.94) |
|
Times Interest
Earned Ratio |
0 |
|
Assets Backing
Ratio |
(38.66) |
|
PERFORMANCE RATIO (%) |
|
|
Operating
Profit Margin |
(49,575.00) |
|
Net Profit
Margin |
(49,575.00) |
|
Return On Net
Assets |
102.59 |
|
Return On
Capital Employed |
102.59 |
|
Return On
Shareholders' Funds/Equity |
102.59 |
|
Dividend Pay
Out Ratio (Times) |
0 |
|
NOTES TO ACCOUNTS |
|
|
Contingent
Liabilities |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.42 |
|
|
1 |
Rs.99.17 |
|
Euro |
1 |
Rs.72.14 |
|
USD |
1 |
Rs.66.31 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ANK |
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.