MIRA INFORM REPORT
|
Report No. : |
334208 |
|
Report Date : |
29.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
DBOI GLOBAL SERVICES PRIVATE LIMITED (w.e.f. 26.06.1985) |
|
|
|
|
Formerly Known
As : |
DB OPERATIONS INTERNATIONAL PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Tower 2, 1st Floor, Raiaskaran Tech Park, Sir M.V.Road,
Saki Naka, Andheri (East), Mumbai – 400072, Maharashtra |
|
Tel. No.: |
91-22-67113000 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
20.12.2005 |
|
|
|
|
Com. Reg. No.: |
11-158278 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 554.555 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72900MH2005PTC158278 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCD2953L |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged in providing back office services and IT enabled
services to support various lines of DB entities. |
|
|
|
|
No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
|
MIRA’s Rating : |
A (64) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a subsidiary of “DEUTSCHE KNOWLEDGE SERVICES PTE LIMITED”.
It is an established company having good track record. Rating takes into consideration strong financial risk profile of the
company marked by strong networth base and debt free capital structure in FY
14. Further, company has reported significant increase in its sales
turnover in the year under consideration. However, net profitability has
decreased over previous year. Trade relations are fair. Business is active. Payment terms are
regular and as per commitment. The company can be considered good 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.
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
31-03-2013.
INFORMATION DENIED
Management non co-operative (Tel. No.: 91-22-67113000)
LOCATIONS
|
Registered Office : |
Tower 2, 1st Floor, Raiaskaran Tech Park, Sir M.V.Road,
Saki Naka, Andheri (East), Mumbai – 400072, Maharashtra, India |
|
Tel. No.: |
91-22-67113000 91-80-66563219 |
|
Fax No.: |
91-80-66563601 |
|
E-Mail : |
DIRECTORS
AS ON 05.09.2014
|
Name : |
Arindam Banerrji |
|
Designation : |
Director |
|
Address : |
45 Frederick Road, Edgbaston, Birmingham, B151hn, United Kingdom |
|
Date of Birth/Age : |
14.11.1964 |
|
Date of Appointment : |
23.12.2005 |
|
PAN No.: |
00091726 |
|
|
|
|
Name : |
Ravneet Singh Gill Ravneet Singh Gill |
|
Designation : |
Director |
|
Address : |
Flat No 11, 5th Floor, Normandie, Carmichael Road, Mumbai – 400026, Maharashtra, India |
|
Date of Birth/Age : |
19.11.1962 |
|
Date of Appointment : |
25.09.2012 |
|
PAN No.: |
00091746 |
|
|
|
|
Name : |
Sandhya Vasudevan |
|
Designation : |
Director |
|
Address : |
No. 34/35, Vakil Garden City, Kanakapura Road, Bangalore – 560062, Karnataka, India |
|
Date of Birth/Age : |
23.11.1961 |
|
Date of Appointment : |
03.06.2011 |
|
PAN No.: |
00372405 |
|
|
|
|
Name : |
Shrinath Bolloju |
|
Designation : |
Director |
|
Address : |
61 Grange Road, #16-01, Singapore – 249570 |
|
Date of Birth/Age : |
30.03.1964 |
|
Date of Appointment : |
22.06.2007 |
|
PAN No.: |
00990302 |
|
|
|
|
Name : |
Manoj Ram Awtar Yadav |
|
Designation : |
Director |
|
Address : |
702 A Wing Phoenix Towers, Senapati Bapat Marg, Lower Parel, Mumbai – 400013, Maharashtra, India |
|
Date of Appointment : |
04.02.2014 |
|
PAN No.: |
07142715 |
|
|
|
|
Name : |
Avinash Vasant Prabhu |
|
Designation : |
Director |
|
Address : |
601 Shree Apartment Plot No.454, 15th Road Khar (W), Opposite Khar Gymkhana, Mumbai – 400052, Maharashtra, India |
|
Date of Birth/Age : |
07.11.1968 |
|
Date of Appointment : |
03.06.2011 |
|
PAN No.: |
02579026 |
|
|
|
|
Name : |
Mallika Chandra |
|
Designation : |
Director |
|
Address : |
14, Bright Hill Crescent,, Singapore - 2057 |
|
Date of Birth/Age : |
07.02.1956 |
|
Date of Appointment : |
25.10.2012 |
|
PAN No.: |
06407071 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 05.09.2014
|
Names of Shareholders |
|
No. of Shares |
|
Deutsche Asia Pacific Holdings Pte. Limited, Singapore |
|
8949642 |
|
Deutsche Knowledge Services Pte. Limited, Singapre |
|
4650453 |
|
Deutsche India Holdings Private Limited, India |
|
360 |
|
|
|
|
|
Total |
|
55455455 |
Equity Share Break up (Percentage of Total Equity)
AS ON 05.09.2014
|
Category |
Percentage |
|
Foreign holdings( Foreign institutional
investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident
Indian(s) or Overseas Corporate bodies or Others |
99.99 |
|
Bodies corporate |
0.01 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in providing back office services and IT enabled
services to support various lines of DB entities. |
|
|
|
|
Products : |
Not Divulged |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
Not Divulged
|
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||||||||||||
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Customers : |
Not Divulged
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||||||||||||
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No. of Employees : |
Information declined by the management |
||||||||||||
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|
|
||||||||||||
|
Bankers : |
Deutsche Bank, Ag Banglore Branch, M.G. Road, Banglore, Karnataka – 560001, India |
|
Auditors : |
|
|
Name : |
B. S. R and Company Chartered Accountant |
|
Address : |
Lodha Excelus, 1stFloor, Appollo MillsCompound, N. M. JoshI Marg,Mahalakshmi, Mumbai – 400011, Maharashtra, India |
|
PAN No.: |
AAAFB9852F |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Associates : |
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|
|
|
|
|
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|
Fellow subsidiary
companies : |
|
CAPITAL STRUCTURE
AS ON 05.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
80450000 |
Equity Shares |
Rs.10/- each |
Rs. 804.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
55455455 |
Equity Shares |
Rs.10/- each |
Rs. 554.555
Million |
|
|
|
|
|
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
80450000 |
Equity Shares |
Rs.10/- each |
Rs. 804.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
55460000 |
Equity Shares |
Rs.10/- each |
Rs. 554.460
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 |
554.600 |
554.600 |
554.600 |
|
(b) Reserves & Surplus |
2594.700 |
2451.500 |
2187.200 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total Shareholders’
Funds (1) + (2) |
3149.300 |
3006.100 |
2741.800 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
1034.300 |
687.900 |
692.100 |
|
Total Non-current
Liabilities (3) |
1034.300 |
687.900 |
692.100 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
611.500 |
394.000 |
433.700 |
|
(c) Other
current liabilities |
1375.600 |
2014.300 |
1613.800 |
|
(d) Short-term
provisions |
353.100 |
472.200 |
522.000 |
|
Total Current
Liabilities (4) |
2340.200 |
2880.500 |
2569.500 |
|
|
|
|
|
|
TOTAL |
6523.800 |
6574.500 |
6003.400 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
1581.200 |
864.300 |
701.000 |
|
(ii)
Intangible Assets |
24.400 |
42.600 |
20.500 |
|
(iii)
Capital work-in-progress |
18.400 |
0.000 |
67.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
364.600 |
445.900 |
18.100 |
|
(c) Deferred tax assets (net) |
2344.000 |
1653.100 |
492.500 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
594.800 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
350.000 |
|
Total Non-Current
Assets |
4332.600 |
3005.900 |
2243.900 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade
receivables |
922.600 |
1054.400 |
2278.800 |
|
(d) Cash
and cash equivalents |
666.900 |
2235.300 |
1175.600 |
|
(e)
Short-term loans and advances |
508.100 |
105.100 |
43.300 |
|
(f) Other
current assets |
93.600 |
173.800 |
261.800 |
|
Total
Current Assets |
2191.200 |
3568.600 |
3759.500 |
|
|
|
|
|
|
TOTAL |
6523.800 |
6574.500 |
6003.400 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL |
13416.800 |
11514.100 |
11051.100 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL |
12033.000 |
10268.400 |
9891.300 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
1383.800 |
1245.700 |
1159.800 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
335.400 |
318.800 |
335.400 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
1048.400 |
926.900 |
824.400 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
905.200 |
662.600 |
476.700 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
143.200 |
264.300 |
347.700 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
2166.800 |
1902.500 |
2040.900 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
2310.000 |
2166.800 |
1902.500 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
2.58 |
4.76 |
6.27 |
|
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flow from (used in) operation |
988.700 |
2615.500 |
1212.400 |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT / Sales) |
(%) |
1.07
|
2.30 |
3.15 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
27.61 |
20.71 |
15.19 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.33 |
0.31 |
0.30 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.94 |
1.24 |
1.46 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Share Capital |
554.600 |
554.600 |
554.600 |
|
Reserves & Surplus |
2187.200 |
2451.500 |
2594.700 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
2741.800 |
3006.100 |
3149.300 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Current Maturities of Long
Term Debt |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
0.000 |
0.000 |
0.000 |
|
Debt/Equity
ratio |
0.000 |
0.000 |
0.000 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Total Income |
11051.100 |
11514.100 |
13416.800 |
|
|
|
4.190 |
16.525 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Total Income |
11051.100 |
11514.100 |
13416.800 |
|
Profit |
347.700 |
264.300 |
143.200 |
|
|
3.15% |
2.30% |
1.07% |
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 |
No |
|
8 |
Designation of contact person |
No |
|
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) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
---- |
|
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 |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
NOTE: Registered office of the company has been shifted from Peninsula Corporate Parknicholas Piramal Tower, Ganpatrao Kadam Marg, Lower Parel, Mumbai, Maharashtra, India to the present address w.e.f. 30.04.2008.
BUSINESS OUTLOOK:
The India Offices have continued to grow over the years. The build of fourth site in Pune is a testimony of the faith that the Board as well as our clients have in India Offices ability to continue to provide quality service to both their internal and external clients.
Their focus on managing attrition and transforming their middle and senior management staff through various interventions will support us aligning ourselves strongly to opex and front to back deliverables.
India Offices continues to fully support the DB Group on its goals relating to client satisfaction, efficiency, people and costs.
INDEX
OF CHARGES
|
S.No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN) |
|
1 |
90148298 |
20/12/2004 * |
2,200,000.00 |
DEUTSCHE BANK |
AG BANGLORE BRANCH, M.G. ROAD, BANGLORE, Karnataka - 560001, INDIA |
- |
* Date of charge modification
FIXED ASSETS
- Furniture and
Fixture
- Office
Equipments
- Computer
Equipments
- Other Equipments
- Leasehold
Improvement
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
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. 64.03 |
|
UK Pound |
1 |
Rs. 99.72 |
|
Euro |
1 |
Rs. 70.88 |
INFORMATION DETAILS
|
Information
Gathered by : |
PPT |
|
|
|
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
JYO |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
7 |
|
PAID-UP CAPITAL |
1~10 |
7 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
7 |
|
--PROFITABILITY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
8 |
|
--RESERVES |
1~10 |
8 |
|
--CREDIT LINES |
1~10 |
7 |
|
--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 |
|
64 |
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.