|
Report No. : |
308403 |
|
Report Date : |
19.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
VEDANTA HOSPITAL |
|
|
|
|
Registered
Office : |
Unit No.105-106, Vitraj Orbit, Opposite Congress Office B P Road, Bhayandar
East, Thane – 401105, Maharashtra |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
Not Available |
|
|
|
|
Year of
Establishment: |
January 2014 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Not Available |
|
|
|
|
TIN No.: |
Not Available |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Multi Speciality Hospital (This clinic is for curative treatment of patients
suffering from Orthopedic and Gynacology. This clinic is of discipline namely
Medical, Surgical, Orthopaedic, and Gynaecology, Paediatric.) |
|
|
|
|
No. of Employees
: |
Not yet to appointed |
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 |
|
Status : |
Yet to commence its commercial operations |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a relatively new partnership concern which is yet to
commence its commercial operations. Mr. Dhananjay R. Kalyankar, a partner provided information and claimed
that the possession of the proposed hospital property is expected by July
2015, following which that ordinary activities will commenced from March
2015. Hence payment terms are unknown. In view of experienced partners, the concern can be considered for
business dealings against adequate security. |
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 PARTED BY
|
Name : |
Mr. Dhananjay R. Kalyankar |
|
Designation : |
Partner |
|
Contact No.: |
91-9820206160 |
|
Date : |
17.02.2014 |
LOCATIONS
|
Registered Office : |
Unit No.105-106, Vitraj Orbit, Opposite Congress Office B P Road, Bhayandar
East, Thane – 401105, Maharashtra, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9820206160 (Mr. Dhananjay R. Kalyankar) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Area : |
1450 Sq ft. = Carpet Area- 900 Sq ft.approx. |
|
Location : |
Owned |
PARTNERS
|
Name : |
Dr. Dhananjay R. Kalyankar |
|
Designation : |
Partner |
|
Address : |
604, Raj Atlantis, Near SVP School, Mira Road [East], District Thane 401407,
Maharashtra, India |
|
Date of Birth/Age : |
14.05.1973 |
|
Qualification : |
M.B.B.S.; D.Ortho. |
|
Experience : |
9 Years |
|
Profile: |
M.B.B.S., D.Ortho. Orthopaedic Surgeon. Practicing in the field of Orthopaedic Speciality since 10 Years. Also attached to various
Hospitals in Mira Road- Bhayandar |
|
PAN No.: |
ALNPK5171E |
|
|
|
|
Name : |
Dr. Ashwini D. Kalyankar |
|
Designation : |
Partner |
|
Address : |
604, Raj Atlantis, Near SVP School, Mira Road [East], District Thane
401407, Maharashtra, India |
|
Date of Birth/Age : |
09.07.1981 |
|
Qualification : |
M.B.B.S.;DNB. |
|
Experience : |
6 Years |
|
Profile: |
MBBS DNB (GYNAC), Gynac Laposcopy Surgeon, FMAS. Fellowship in Minimal Access Surgery (New Delhi), Trained in Advanced LaproscopicHysterscopic Surgery(Erna) Fogsi Advanced Gynac Endoscopic Training (Mumbai). Practising in this field from last 8 Years. Specialised Gynac consultant. Attached to various Clinics as consultant: Practising Gynacologist leading specialist in fied of Gynacology. Dr Ashwini is attached to various Leading Hospitals and clinics in Mira road Bhayander, including following : 1. Vipassana, Sheetal Nagar, Mira Road East, Thane:-401107 2. Sai Krupa, Sector-1Shanti Nagar, Mira Road East District Thane 401107 3. Mantora Hospital, Goddev, Bhayander East, District Thane 401105 4. Sai Aashirwad Navghar Road, Bhaynader East, District Thane
401105 |
|
PAN No.: |
BJQPK2412Q |
BUSINESS DETAILS
|
Line of Business : |
Multi Speciality Hospital (This clinic is for curative treatment of patients
suffering from Orthopedic and Gynacology. This clinic is of discipline namely
Medical, Surgical, Orthopaedic, and Gynaecology, Paediatric.) |
|
|
|
|
Brand Names : |
Not Divulged |
|
|
|
|
Agencies Held : |
Not Divulged |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
Not yet to appointed |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
|
Auditors : |
Not Divulged |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Sister Concern: |
Not Divulged |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Divulged |
|
Borrowed : |
Not Divulged |
|
Total : |
Not Divulged |
FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW CONCERN
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 |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
11] |
Turnover of firm for last
three years |
No |
|
12] |
Profitability for last
three years |
No |
|
13] |
Reasons for variation
<> 20% |
-- |
|
14] |
Estimation for coming
financial year |
Yes |
|
15] |
Capital in the business |
No |
|
16] |
Details of sister
concerns |
No |
|
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 |
No |
|
28] |
Incorporation details, if
applicable |
No |
|
29] |
Last accounts filed at
ROC |
No |
|
30] |
Major Shareholders, if
available |
No |
|
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 |
BUSINESS:
Medical Profession is the best platform to serve the people.
The motto of the clinic will be Excellence at par. Here the patients are treated with care. The clinic will be one of the Best in the town.
The Clinic will provide following services:
1) Medical clinic: Facilities for consultation-cum-examination rooms, Cardio graphic examination, etc.
2) Surgical clinic: Facilities for consultation-cum-examination rooms, treatmentcum- dressings, etc.
3) Orthopaedic clinic:
4) Laproscopy (Stitch less) Surgery :
|
FUND REQUIREMENT
Rs. 7.000 Millions The Funds required for
|
PROJECTD COMBINED PROFITABILITY
STATEMENT
(Rs. In Millions)
|
Particulars |
31.03.2015 |
31.03.2016 |
31.03.2017 |
31.03.2018 |
31.03.2019 |
31.03.2020 |
31.03.2012 |
31.03.2022 |
|
|
|
|
|
|
|
|
|
|
|
Hospital income |
0.000 |
7.200 |
8.300 |
10.100 |
12.400 |
15.000 |
17.700 |
20.500 |
|
Services Fees Income |
3.282 |
3.610 |
3.971 |
4.368 |
4.805 |
5.286 |
5.814 |
6.396 |
|
Less: |
|
|
|
|
|
|
|
|
|
Direct labour and salary |
0.269 |
2.025 |
2.329 |
2.795 |
3.214 |
3.696 |
4.250 |
4.888 |
|
Direct Expenses |
0.273 |
1.262 |
1.451 |
1.669 |
1.919 |
2.207 |
2.538 |
2.919 |
|
Doctors and specialist fees |
0.000 |
2.250 |
2.100 |
2.415 |
2.777 |
3.194 |
3.673 |
4.224 |
|
Gross Profit |
2.740 |
5.273 |
6.391 |
7.590 |
9.295 |
11.189 |
13.053 |
14.865 |
|
|
|
|
|
|
|
|
|
|
|
Less: |
|
|
|
|
|
|
|
|
|
Admin Expenses |
0.187 |
1.200 |
1.380 |
1.587 |
1.825 |
2.099 |
2.414 |
2.776 |
|
Bank Interest |
0.000 |
0.210 |
0.730 |
0.630 |
0.510 |
0.390 |
0.270 |
0.150 |
|
Deprecation |
0.162 |
0.595 |
0.986 |
0.882 |
0.789 |
0.706 |
0.632 |
0.565 |
|
Other Indirect Expenses |
0.239 |
0.956 |
1.100 |
1.265 |
1.455 |
1.673 |
1.924 |
2.212 |
|
net profit before
tax |
2.152 |
2.312 |
2.175 |
3.226 |
4.716 |
6.321 |
7.814 |
9.162 |
PROJECTED COMBINED BALANCE
SHEET
(Rs. In Millions)
|
Particulars |
31.03.2015 |
31.03.2016 |
31.03.2017 |
31.03.2018 |
31.03.2019 |
31.03.2020 |
31.03.2012 |
31.03.2022 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital Accounts: |
5.612 |
6.764 |
7.877 |
8.052 |
9.079 |
11.395 |
14.917 |
19.532 |
|
Add: Profit for the year |
2.152 |
2.313 |
2.175 |
3.226 |
4.717 |
6.322 |
7.815 |
9.162 |
|
TOTAL |
7.764 |
9.077 |
10.052 |
11.279 |
13.795 |
17.717 |
22.732 |
28.694 |
|
Less: Drawings |
1.000 |
1.200 |
2.000 |
2.200 |
2.400 |
2.800 |
3.200 |
3.600 |
|
Capital Balance C/F |
6.764 |
7.877 |
8.052 |
9.079 |
11.395 |
14.917 |
19.532 |
25.094 |
|
Term loan from State Bank of India |
2.000 |
6.750 |
5.750 |
4.750 |
3.750 |
2.750 |
1.750 |
0.750 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES |
8.764 |
14.627 |
13.802 |
13.829 |
15.145 |
17.667 |
21.282 |
25.844 |
|
|
|
|
|
|
|
|
|
|
|
ASSETS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Assets |
1.077 |
0.915 |
9.476 |
8.940 |
7.608 |
6.819 |
6.113 |
5.482 |
|
Addition |
|
9.156 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Less: Depreciation |
0.162 |
0.595 |
0.986 |
0.882 |
0.789 |
0.706 |
0.632 |
0.565 |
|
Fixed Assets (Net) |
0.915 |
9.476 |
8.490 |
7.608 |
6.819 |
6.113 |
5.482 |
4.916 |
|
|
|
|
|
|
|
|
|
|
|
Personal investments |
4.639 |
4.700 |
4.700 |
4.721 |
5.317 |
7.134 |
10.170 |
13.288 |
|
Adv, Recvble, other Assets |
2.240 |
0.300 |
0.400 |
0.900 |
2.200 |
3.600 |
5.200 |
7.200 |
|
Cash and Bank |
0.970 |
0.151 |
0.212 |
0.600 |
0.809 |
0.820 |
0.430 |
0.440 |
|
TOTAL ASSETS |
8.764 |
14.627 |
13.802 |
13.829 |
15.145 |
17.667 |
21.282 |
25.844 |
STATE OF BANK LOAN INTEREST
FOR SEVEN YEARS
(Rs. In Millions)
|
Particulars |
31.03.2016 |
31.03.2017 |
31.03.2018 |
31.03.2019 |
31.03.2020 |
31.03.2012 |
31.03.2022 |
|
|
|
|
|
|
|
|
|
|
Term loan / Balance B / F |
7.00 |
6.750 |
5.750 |
4.750 |
3.750 |
2.750 |
1.750 |
|
|
|
|
|
|
|
|
|
|
Re Payment |
0.250 |
1.000 |
1.000 |
1.000 |
1.000 |
1.000 |
1.000 |
|
|
|
|
|
|
|
|
|
|
Balance |
6.750 |
5.750 |
4.750 |
3.750 |
2.750 |
1.750 |
0.750 |
|
|
|
|
|
|
|
|
|
|
Interest on term
loan |
0.210 |
0.750 |
0.630 |
0.510 |
0.390 |
0.270 |
0.150 |
FIXED ASSETS AND
DEPRECATION
(Rs. In Millions)
|
Particulars |
31.03.2015 |
31.03.2016 |
31.03.2017 |
31.03.2018 |
31.03.2019 |
31.03.2020 |
31.03.2012 |
31.03.2022 |
|
|
|
|
|
|
|
|
|
|
|
Opening Assets |
1.077 |
0.915 |
0.778 |
0.661 |
0.562 |
0.478 |
0.406 |
0.345 |
|
Less: Deprecation |
0.162 |
0.137 |
0.117 |
0.099 |
0.084 |
0.072 |
0.061 |
0.052 |
|
Balance C/F |
0.915 |
0.778 |
0.661 |
0.562 |
0.478 |
0.406 |
0.345 |
0.293 |
|
|
|
|
|
|
|
|
|
|
|
Hospital Premises |
0.000 |
6.156 |
5.848 |
5.263 |
4.737 |
4.263 |
3.837 |
3.453 |
|
Less: Deprecation |
0.000 |
0.308 |
0.585 |
0.526 |
0.474 |
0.426 |
0.384 |
0.345 |
|
Balance C/F |
0.000 |
5.848 |
5.263 |
4.737 |
4.263 |
3.837 |
3.453 |
3.108 |
|
|
|
|
|
|
|
|
|
|
|
Furniture Fixture
and Equipment’s |
0.000 |
3.000 |
2.850 |
2.565 |
2.309 |
2.078 |
1.870 |
1.683 |
|
Less: Deprecation |
0.000 |
0.150 |
0.285 |
0.257 |
0.231 |
0.208 |
0.187 |
0.163 |
|
Balance C/F |
0.000 |
2.850 |
2.565 |
2.309 |
2.078 |
1.870 |
1.683 |
1.515 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL CLOSING WDV |
0.915 |
9.476 |
8.489 |
7.607 |
6.819 |
6.113 |
5.481 |
4.916 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL DEPRECATION |
0.162 |
0.595 |
0.986 |
0.882 |
0.789 |
0.706 |
0.632 |
0.565 |
FUND FLOW STATEMENT FOR
SEVEN YEARS
(Rs. In Millions)
|
Particulars |
31.03.2015 |
31.03.2016 |
31.03.2017 |
31.03.2018 |
31.03.2019 |
31.03.2020 |
31.03.2012 |
31.03.2022 |
|
|
|
|
|
|
|
|
|
|
|
Sources |
|
|
|
|
|
|
|
|
|
Opening Cash and Bk Balance |
0.400 |
1.000 |
0.200 |
0.200 |
0.600 |
0.800 |
0.800 |
0.400 |
|
Opening Balance |
2.900 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Net Profit After tax |
0.300 |
2.300 |
2.200 |
3.200 |
4.700 |
6.300 |
7.800 |
9.200 |
|
Deprecations |
0.100 |
0.600 |
1.000 |
0.900 |
0.800 |
0.700 |
0.600 |
0.600 |
|
SBI Term Loan |
2.000 |
5.300 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL (I+II+III) |
5.700 |
9.200 |
3.300 |
4.300 |
6.100 |
7.800 |
9.300 |
10.200 |
|
|
|
|
|
|
|
|
|
|
|
USES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repayment of term loan |
0.000 |
0.300 |
1.000 |
1.000 |
1.000 |
1.000 |
1.000 |
1.000 |
|
Purchase of fixed Assets |
2.300 |
7.200 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
Addn – Adv Receivables, Other Assets |
0.000 |
0.000 |
0.100 |
0.500 |
1.300 |
1.400 |
1.600 |
2.000 |
|
Personal Drawings and investment |
2.400 |
1.600 |
2.000 |
2.200 |
3.00 |
4.600 |
6.300 |
6.800 |
|
Closing Cash / BK Balance |
1.000 |
0.200 |
0.200 |
0.600 |
0.800 |
0.800 |
0.400 |
0.400 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL (I+VI) |
5.700 |
9.200 |
3.300 |
4.300 |
6.100 |
7.800 |
9.300 |
10.200 |
DEBT / SERVICES COVERAGE
RATIO
(Rs. In Millions)
|
Particulars |
31.03.2015 |
31.03.2016 |
31.03.2017 |
31.03.2018 |
31.03.2019 |
31.03.2020 |
31.03.2012 |
31.03.2022 |
|
|
|
|
|
|
|
|
|
|
|
Sources |
|
|
|
|
|
|
|
|
|
Cash Accruals |
|
|
|
|
|
|
|
|
|
Net Profit After tax |
0.306 |
2.313 |
2.175 |
3.226 |
4.717 |
6.322 |
7.815 |
9.162 |
|
Deprecations |
0.117 |
0.595 |
0.986 |
0.882 |
0.789 |
0.706 |
0.571 |
0.514 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL (I+III) |
0.423 |
2.908 |
3.162 |
4.108 |
5.506 |
7.028 |
8.386 |
9.676 |
|
|
|
|
|
|
|
|
|
|
|
Repayment
Obligation: |
|
|
|
|
|
|
|
|
|
Installment on term loan |
0.000 |
0.250 |
1.000 |
1.000 |
1.000 |
1.000 |
1.000 |
1.000 |
|
|
|
|
|
|
|
|
|
|
|
Debt Service
Coverage Ratio Gross Average DSCR |
0.000 |
1.163 |
0.316 |
0.411 |
0.551 |
0.703 |
0.839 |
0.968 |
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.62.25 |
|
|
1 |
Rs.95.57 |
|
Euro |
1 |
Rs.71.01 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
KVT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
2 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILITY |
1~10 |
2 |
|
--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 |
NO |
|
--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.