MIRA INFORM REPORT
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Report No. : |
309909 |
|
Report Date : |
27.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
ADITYA PERIPHERALS PRIVATE LIMITED |
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Registered
Office : |
Gat No. 291/1B, NH 4, Unchgaon Opposite, Ford Showroom, Taluka
Karveer, Kolhapur - 416005, Maharashtra |
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Country : |
India |
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Financials (as
on) : |
31.03.2014 |
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Date of
Incorporation : |
19.04.2004 |
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Com. Reg. No.: |
11-019144 |
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Capital
Investment / Paid-up Capital : |
Rs. 9.500 Million |
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CIN No.: [Company Identification
No.] |
U72200PN2004PTC019144 |
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IEC No.: |
Not Available |
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|
TAN No.: [Tax Deduction &
Collection Account No.] |
KLPA01630G |
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PAN No.: [Permanent Account No.] |
AAECA6973F |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is engaged in the wholesale trading computer equipments and
its peripherals. |
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No. of Employees
: |
Information declined by the management. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having satisfactory track record. General financial position of the company seems to be sound and
healty. Liquidity position of the company is fair. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct. The company can be considered for business dealings at usual trade
terms and condition. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
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
Management non-cooperative (Tel No.: 91-231-2605619)
LOCATIONS
|
Registered Office : |
Aditya House, Plot No. 292, E Ward, Shastrinagar, Kolhapur – 416008,
Maharashtra, India |
|
Tel. No.: |
91-231-269414/ 26974145 |
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E-Mail : |
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Website : |
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Sales Office : |
Gat No. 291/1B, NH 4, Unchgaon Opposite, Ford Showroom, Taluka
Karveer, Kolhapur - 416005, Maharashtra, India |
|
Tel. No.: |
91-231-2605619/2606186/2607366 |
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Fax No.: |
91-231-2531166 |
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E-Mail : |
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Website : |
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Branch Office 1 : |
SR No. 279/1, Nagally Taleigao, Tiswadi Panaji, Goa, India |
|
Tel. No.: |
91-8380076414 |
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E-Mail : |
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Branch Office 2 : |
CS No. 618, Gilmohar Appartment, Gulmohar Colony, Near Mali Thetar,
South Shivaji Nagar, Sangali – 416416, Maharashtra, India |
|
Tel. No.: |
91-233-2327333 |
|
E-Mail : |
DIRECTORS
AS ON 30.09.2014
|
Name : |
Arun J Managave |
|
Designation : |
Director |
|
Address : |
G-3, Ground Floor, Karan Park, Opposite GPI, Unchgaon, Kolhapur – 416005,
Maharashtra, India |
|
Date of Birth/Age : |
22.02.1972 |
|
Date of Appointment : |
19.04.2004 |
|
DIN No.: |
00560307 |
|
|
|
|
Name : |
Appasaheb J Managave |
|
Designation : |
Director |
|
Address : |
Plot No. 13, Dafle Colony Near,
Tushar Oil Traders, Unchgaon, Kolhapur – 416005, Maharashtra, India |
|
Date of Birth/Age : |
22.07.1975 |
|
Date of Appointment : |
19.04.2004 |
|
DIN No.: |
00560326 |
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|
Name : |
Mohini A Managave |
|
Designation : |
Director |
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Address : |
G-3, Ground Floor, Karan Park, Opposite GPI, Unchgaon, Kolhapur –
416005, Maharashtra, India |
|
Date of Birth/Age : |
21.08.1977 |
|
Date of Appointment : |
19.04.2004 |
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DIN No.: |
00560355 |
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|
|
|
Name : |
Rajeshwari A Managave |
|
Designation : |
Director |
|
Address : |
1185, E Ward Rajrampuri 5th Lane, Kolhapur – 416008,
Maharashtra, India |
|
Date of Birth/Age : |
26.11.1980 |
|
Date of Appointment : |
19.04.2004 |
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DIN No.: |
02329237 |
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|
|
|
Name : |
Kiran J Managave |
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Designation : |
Director |
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Address : |
185, E Ward Rajrampuri 5th Lane, Kolhapur – 416008,
Maharashtra, India |
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Date of Birth/Age : |
10.07.1971 |
|
Date of Appointment : |
01.07.2011 |
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DIN No.: |
03631972 |
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|
|
|
Name : |
Anita K Managave |
|
Designation : |
Director |
|
Address : |
Karan Park Ground Floor, Opposite GPI, Taluka Karveer Unchgaon,
Kolhapur – 416005, Maharashtra, India |
|
Date of Birth/Age : |
10.07.1971 |
|
Date of Appointment : |
01.07.2011 |
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DIN No.: |
03631976 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2014
|
Names of Shareholders |
No. of Shares |
Percentage of Holding |
|
Arun Jaikumar Managave |
11875 |
12.50 |
|
Appasaheb Jaikumar Managave |
11875 |
12.50 |
|
Mohini Arun Managave |
11875 |
12.50 |
|
Rajeshwari Appasaheb Managave |
11875 |
12.50 |
|
Kiran Jaikumar Managave |
11875 |
12.50 |
|
Anita Kiran Managave |
11875 |
12.50 |
|
Jaikumar A Managave |
11875 |
12.50 |
|
Jayashri J Managave |
11875 |
12.50 |
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|
|
|
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Total |
95000 |
100.00 |
AS ON 30.09.2014
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage of Holding |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in the wholesale trading computer equipments and
its peripherals. |
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Products : |
Not Available |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
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Selling : |
Not Available |
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Purchasing : |
Not Available |
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management. |
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Bankers : |
The Ashta Peoples
Co-operative Bank Limited, Shahupuri Branch, Kolhapur - 416001,
Maharashtra, India |
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Facilities : |
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Auditors : |
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Name : |
ABM and Associates Chartered Accountants |
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Address : |
1-2, Atharva 7th Avenue, 2007, 7th Lane
Rajarampuri, Kolhapur – 416008, Mahrashtra, India |
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PAN No.: |
AATFA6648M |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS ON 30.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
95000 |
Equity Shares |
Rs. 100/- each |
Rs. 9.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
95000 |
Equity Shares |
Rs. 100/-
each |
Rs. 9.500
Million |
|
|
|
|
|
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 |
9.500 |
9.500 |
2.500 |
|
(b) Reserves & Surplus |
25.043 |
18.497 |
19.424 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
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|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
34.543 |
27.997 |
21.924 |
|
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(3)
Non-Current Liabilities |
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|
|
|
(a) long-term borrowings |
8.049 |
8.986 |
10.127 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.306 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current Liabilities
(3) |
8.049 |
8.986 |
10.433 |
|
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(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
6.192 |
9.679 |
7.095 |
|
(b) Trade
payables |
93.583 |
59.585 |
77.894 |
|
(c) Other
current liabilities |
28.485 |
23.275 |
17.489 |
|
(d) Short-term
provisions |
3.400 |
2.494 |
2.480 |
|
Total Current
Liabilities (4) |
131.660 |
95.031 |
104.958 |
|
|
|
|
|
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TOTAL |
174.252 |
132.014 |
137.315 |
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II.
ASSETS |
|
|
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|
(1)
Non-current assets |
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|
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|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
20.885 |
21.047 |
21.822 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.488 |
0.488 |
0.487 |
|
(c) Deferred tax assets (net) |
0.687 |
0.487 |
0.000 |
|
(d) Long-term Loan and Advances |
0.140 |
0.050 |
0.053 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
22.200 |
22.072 |
22.362 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
70.431 |
52.841 |
50.084 |
|
(c) Trade
receivables |
70.291 |
50.522 |
57.218 |
|
(d) Cash and
cash equivalents |
5.509 |
2.739 |
4.103 |
|
(e)
Short-term loans and advances |
5.157 |
3.468 |
3.328 |
|
(f) Other
current assets |
0.664 |
0.372 |
0.220 |
|
Total
Current Assets |
152.052 |
109.942 |
114.953 |
|
|
|
|
|
|
TOTAL |
174.252 |
132.014 |
137.315 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
723.737 |
638.075 |
632.874 |
|
|
|
Other Income |
16.461 |
15.330 |
19.840 |
|
|
|
TOTAL (A) |
740.198 |
653.405 |
652.714 |
|
|
|
|
|
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|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL (B) |
726.177 |
640.199 |
641.545 |
|
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|
|
|
|
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|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (A-B) (C) |
14.021 |
13.206 |
11.169 |
|
|
|
|
|
|
|
|
|
Less |
INTEREST (D) |
1.286 |
1.796 |
1.598 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
12.735 |
11.410 |
9.571 |
|
|
|
|
|
|
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|
Less/ Add |
DEPRECIATION/ AMORTISATION (F) |
2.987 |
3.638 |
2.650 |
|
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|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F)
(G) |
9.748 |
7.772 |
6.921 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
3.202 |
1.700 |
2.806 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H) (I) |
6.546 |
6.072 |
4.115 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
68.91 |
63.92 |
164.61 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
|
Net Profit Margin PAT / Sales |
(%) |
0.90
|
0.96 |
0.65 |
|
|
|
|
|
|
|
Operating Profit Margin (PBDIT/Sales) |
(%) |
1.94
|
2.07 |
1.76 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
5.63 |
5.93 |
5.06 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.28 |
0.28 |
0.32 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debts/Networth) |
|
0.41 |
0.67 |
0.79 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.15 |
1.16 |
1.10 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
2.500 |
9.500 |
9.500 |
|
Reserves & Surplus |
19.424 |
18.497 |
25.043 |
|
Net
worth |
21.924 |
27.997 |
34.543 |
|
|
|
|
|
|
long-term borrowings |
10.127 |
8.986 |
8.049 |
|
Short term borrowings |
7.095 |
9.678 |
6.192 |
|
Total
borrowings |
17.222 |
18.664 |
14.241 |
|
Debt/Equity
ratio |
0.786 |
0.667 |
0.412 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
632.874 |
638.075 |
723.737 |
|
|
|
0.822 |
13.425 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
632.874 |
638.075 |
723.737 |
|
Profit |
4.115 |
6.072 |
6.546 |
|
|
0.65% |
0.95% |
0.90% |
LOCAL AGENCY FURTHER INFORMATION
NOTE: CURRENT
MATURITY LONG TERM DEBT ARE NOT AVAILABLE.
|
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 |
No |
|
10] |
Designation of contact
person |
No |
|
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 |
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 |
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 |
Yes |
|
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 |
Note: Registered office
of the company has been shifted from G3/G4, Karan Park, Opposite GPI Limited,
Uchagaon, Kolhapur – 416005, Maharashtra, India to the present address w.e.f.
09.03.2011,
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN) |
|
1 |
10321540 |
01/11/2011 |
1,500,000.00 |
THE ASHTA PEOPLES CO-OP BANK LIMITED |
SHAHUPURI BRANCH, KOLHAPUR, Maharashtra -
416001, |
B27098656 |
|
2 |
10292927 |
02/09/2014 * |
15,000,000.00 |
THE ASHTA PEOPLE'S CO-OP. BANK LIMITED |
KOLHAPUR BRANCH, KOLHAPUR, Maharashtra -
416101, |
C24793770 |
|
3 |
10275609 |
11/03/2011 |
3,000,000.00 |
THE ASHTA PEOPLE'S CO-OP. BANK LIMITED |
SHAHUPURI BRANCH, KOLHAPUR, Maharashtra -
416001, |
B09012774 |
|
4 |
10264092 |
23/12/2010 |
1,500,000.00 |
THE ASHTA PEOPLE'S CO-OP. BANK LIMITED |
SHAHUPURI BRANCH, KOLHAPUR, Maharashtra -
416001, |
B04710752 |
|
5 |
10158350 |
03/06/2010 * |
5,000,000.00 |
THE ASHTA PEOPLE'S CO-OP. BANK LIMITED |
KOLHAPUR BRANCH, KOLHAPUR, Maharashtra -
416101, |
A88719752 |
|
6 |
90094134 |
30/12/2004 |
2,000,000.00 |
ASHTA PEOPLES CO-OPERATIVE BANK LIMITED |
BRANCH SHAHUPURI, KOLHAPUR, Maharashtra, INDIA |
- |
* Date of charge modification
UNSECURED LOANS
|
PARTICULAR |
31.03.2014 (Rs.
in Million) |
31.03.2013 (Rs.
in Million) |
|
LONG TERM
BORROWINGS |
|
|
|
Loan and Advance
from related parties |
|
|
|
Mr. Appasaheb jaykumar Managave |
0.582 |
0.582 |
|
Mr. Arun Jaykumar Managave |
0.587 |
0.587 |
|
Mrs. Mohini Arun Managave |
0.526 |
0.526 |
|
Mrs. Rajeshwari Appasaheb Managave |
0.546 |
0.546 |
|
Mrs. Anita Kiran Managave |
0.390 |
0.390 |
|
Mr. Kiran Jaykumar Managave |
0.351 |
0.352 |
|
Mr. Jaykumar Managave |
0.919 |
0.766 |
|
Mrs. Jayshree Jaykumar Managave |
0.681 |
0.533 |
|
Total |
4.582 |
4.282 |
FIXED ASSETS
- Land
- Computer
- Furniture and
Fixture
- Plants and
Equipments
- Buildings
- Vehicles
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. 61.94 |
|
|
1 |
Rs. 96.24 |
|
Euro |
1 |
Rs. 70.39 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
JYO |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILITY |
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 |
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 |
|
45 |
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.