MIRA INFORM REPORT

 

 

Report No. :

324811

Report Date :

03.06.2015

 

IDENTIFICATION DETAILS

 

Name :

NCR CORPORATION INDIA PRIVATE LIMITED

 

 

Registered Office :

“Nioton” Building, 3rd Floor,11 Palace Road, Bangalore – 560052, Karnataka

Tel. No.:

91-80-30786900

 

 

Country :

India

 

 

Financials (as on) :

31.03.2014

 

 

Date of Incorporation :

19.04.1996

 

 

Com. Reg. No.:

08-020333

 

 

Capital Investment / Paid-up Capital :

Rs. 2758.000 Million

 

 

CIN No.:

[Company Identification No.]

U28111KA1996PTC020333

 

 

IEC No.:

0796003980

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

BLRN00521D

 

 

PAN No.:

[Permanent Account No.]

AAACN7149L

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Manufacturing and Selling of Automated Teller Machines (ATM), Sale of Traded Products, Providing Software Solutions and Customer Support.

 

 

No. of Employees :

Not Divulged

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (46)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 25000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established company having satisfactory track record.

 

There seems sharp dip in the profit of the company during FY 2014. However net worth position is decent. General financial position of the company is sound and healthy.

 

Trade relations are reported as fair. Business is active. Payment terms are reported to be usually correct.

 

The company can be considered normal 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 DEFAILTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

 

EPF (Employee Provident Fund) DEFAILTERS’ 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 DECLINED

 

MANAGEMENT NON CO-OPERATIVE

 

CONTACT NO.: 91-80-30786900

 

 

LOCATIONS

 

Registered Office :

“Nioton”  Building, 3rd Floor,11 Palace Road, Bangalore – 560052, Karnataka, India

Tel. No.:

91-80-30786900

Fax No.:

91-80-22257050

E-Mail :

ts185067@ncr.com

ss185014@ncr.com

Website :

www.ncr.com

 

 

Factory :

Located at:

 

·         Pondicherry

 

 

DIRECTORS

 

AS ON 30.09.2014

 

Name :

Mr. Sunil Kumar Sharma

Designation :

Nominee Director

Address :

K-602, 6th Floor, Greenwoods, S M V Road, Andheri Kurla Road, Chakala, Andheri-East, Mumbai-400093, Maharashtra, India

Date of Birth/Age :

10.11.1964/ 47 Years

Qualification :

C.A.

Experience :

22 Years

Date of Appointment :

25.06.2004

PAN No.:

ABDPS6709G

DIN No.:

01047189

 

 

Name :

Mr. Chittybabu Santhakumar

Designation :

Director

Address :

12, Elango Nagar, 6TH Cross Extension Pondichery,  Pondichery-605011, India

Date of Birth/Age :

18.10.1972

Date of Appointment :

31.10.2012

PAN No.:

AYVPS7068P

DIN No.:

05121621

Other Directorship :

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Company/ LLP Status

Defaulting status

1

U28111KA1996PTC020333

NCR CORPORATION INDIA PRIVATE LIMITED

Director

31-10-2012

16-11-2011

Active

NO

 

 

Name :

Mr. Ajay Jhamb

Designation :

Director

Address :

B-1701 Lake castle, Hiranandan, Garden Powai, Mumbai-400076, Maharashtra, India

Date of Birth/Age :

18.10.1968

Date of Appointment :

31.10.2012

PAN No.:

AAKPJ0048H

DIN No.:

05252754

Other Directorship :

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Company/ LLP Status

Defaulting status

1

U28111KA1996PTC020333

NCR CORPORATION INDIA PRIVATE LIMITED

Director

31-10-2012

26-04-2012

Active

NO

 

 

Name :

Mr. Navroze Gustad Dastur

Designation :

Managing director

Address :

Goolrukh Society, TPS-IV, 4th Road, Flat No.6, Bandra-West, Mumbai-400050, Maharashtra, India

Date of Birth/Age :

11.05.1964/ 47 Years

Qualification :

B Com, IIM

Experience :

27 Years

Date of Appointment :

30.09.2013

PAN No.:

ABAPD0505C

DIN No.:

06588656

Other Directorship :

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Company/ LLP Status

Defaulting status

1

U28111KA1996PTC020333

NCR CORPORATION INDIA PRIVATE LIMITED

Managing director

30-09-2013

27-09-2013

Active

NO

 

 

KEY EXECUTIVES

 

Name :

Mr. Tushar Diwakar Shastri

Designation :

Secretary

Address :

204, Atlas D, Lodha Paradise, Near Majiwade Flyover, Thane – 400601, Maharashtra, India

Date of Birth/Age :

28.08.1971

Date of Appointment :

28.03.2008

PAN No.:

AGTPS1375H

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 30.09.2014

 

Names of Shareholders

 

No. of Shares

 

NCR International  INC, USA

 

275815260

NCR Corporation, USA

 

300

Total

 

 

275815560

 

 

AS ON 30.09.2014

 

Equity Share Breakup

Percentage of Holding

Category

 

Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]

100.00

Total

100.00

 

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturing and Selling of Automated Teller Machines (ATM), Sale of Traded Products, Providing Software Solutions and Customer Support.

 

 

Products :

ITC Code No.

 

Product Descriptions

84729030

Automatic Bank Note Dispeners

 

 

Brand Names :

--

 

 

Agencies Held :

---

 

 

Exports :

 

Products :

Not Divulged

Countries :

Not Divulged

 

 

Imports :

 

Products :

Not Divulged

Countries :

Not Divulged

 

 

Terms :

 

Selling :

Not Divulged

 

 

Purchasing :

Not Divulged

 

 

PRODUCTION STATUS : NOT AVAILABLE

 

 

GENERAL INFORMATION

 

Suppliers :

Reference:

Not Divulged

Name of the Person (Designation):

Not Divulged

Contact Number:

Not Divulged

Since how long known:

Not Divulged

Maximum limit dealt:

Not Divulged

Experience:

Not Divulged

Remark

Not Divulged

 

 

Customers :

Reference:

Not Divulged

Name of the Person (Designation):

Not Divulged

Contact Number:

Not Divulged

Since how long known:

Not Divulged

Maximum limit dealt:

Not Divulged

Experience:

Not Divulged

Remark

Not Divulged

 

 

No. of Employees :

Not Divulged

 

 

Bankers :

Bank Name:

Not Divulged

Branch:

Not Divulged

Person Name (with Designation):

Not Divulged

Contact Number:

Not Divulged

Name of Account Holder:

Not Divulged

Account Number:

Not Divulged

Account Since (Date/ Year of A/c Opening):

Not Divulged

Average Balance Maintained (Optional):

Not Divulged

Credit Facilities Enjoyed (CC/OD/Term Loan):

Not Divulged

Account Operation:

Not Divulged

Remarks:

Not Divulged

 

 

Facilities :

SECURED LOANS

31.03.2014

(Rs. In Million)

31.03.2013

(Rs. In Million)

LONG-TERM BORROWINGS

 

 

Term loans from banks

58.000

43.000

 

 

 

Total

58.000

43.000

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Price Waterhouse and Company LLP

Chartered Accountants

Address :

5th Floor, Tower D, The Millenia, 1and 2 Murphy Road, Ulsoor, Bangalore-560008, Karnataka, India

Income-tax PAN of auditor or auditor's firm :

AADFP9359C

 

 

Memberships :

Not Available

 

 

Collaborators :

Not Available

 

 

Ultimate Holding Company:

NCR Corporation, USA

 

 

Holding Company :

NCR International Inc., USA

 

 

Fellow Subsidiary Company :

·         NCR Financial Solutions Group Limited

·         NCR Global Solution Limited (Dublin)

·         NCR Georgia, Georgia

·         NCR Canada Limited, Canada

·         NCR Nederland N.V.

·         NCR Argentina SRL

·         NCR United Kingdom

·         NCR Brazil

·         NCR Colombia

·         NCR Germany

·         NCR Switzerland

·         NCR Spain

·         NCR Poland

·         NCR Global Holding Limited

·         N C R Corporation

·         NCR Solutions Arabia LLC

·         NCR Shanghai Technology  Services Limited

·         NCR Hong Kong APLC

·         NCR New Zealand

·         NCR Beijing Financial Equipments Systems Company Limited

·         NCR Australia Pty Limited

·         P.T. NCR Rencana

·         NCR Malaysia Sdn. Bhd

·         N C R Corporation Philippines

·         NCR Singapore Pte Limited

·         NCR Systems

·         Taiwan Limited

·         NCR Thailand Limited

·         NCR Japan Limited

·         NCR Bahrain

·         NCR Brasil India. DE Equipments Aut. LTDA

·         NCR Dominican

·         NCR France SNC

·         NCR Ghana

·         NCR Dutch Holding BV

·         NCR Korea Company YH

·         NCR Kuwait

·         NCR de Mexico S. A de C,V.

·         NCR Middle East Limited

·         NCR North Africa Limited

·         NCR Corporation

·         NCR International

·         NCR Bilisim Sistemleri LS

·         IPD Dayton

·         ABU DHABI

·         NCR Oesterreich Ges.m.b.H

·         NCR (North Africa) Limited.

·         NCR Chi l e Industrial Comercial Limited

·         NCR (Guagzhou) Technology Company Limited

·         NCR Italia S.r.l

·         NCR Kenya

·         NCR MEA DC

·         NCR del Peru S.A

·         NCR Lebanon

·         NCR Jordan

·         NCR Greece

·         NCR Denmark, A/S

·         NCR WSPC Peachtree

·         NCR Nigeria

·         NCR Cyprus Limited

·         NCR Corporation (Dubai)

·         Ft Lauderdale and CLA Area Office

·         NCR ESLC B.V.

·         NCR Financial Shares Services Center B.V.

·         NCR Espana SL

·         NCR Midland

·         NCR Hong Kong SPDC

·         NCR Hong Kong Limited

·         NCR Hong Kong Limited

·         NCR Hong Kong/PRC Operation

·         Radiant Systems Inc

·         NCR CEBU Engineering

·         NCR South East Asia

·         NCR CEBU Development Center Inc.

·         'NCR Magyarország Információ-Technológiai KFT - NCR

·         Magyarorszay (Hungary) Limited

·         NCR Manufacturing Columbus GA

·         NCR Oesterreich Ges.m.b.H.

·         NCR Oman

·         NCR Polska Sp.z.o.o.

·         NCR Global Holdings Limited, Dubai

·          NCR Bilisim Sist. Limited. Sti

 

 

Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives :

·         NCR Corporation India Private Limited Employees Provident Fund Trust, India

·         NCR Corporation India Employees Superannuation Fund, India

 

 

Subsidiary company :

NCR Gmbh

 

 

CAPITAL STRUCTURE

 

AS ON 31.03.2014

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

284500000

Equity Shares

Rs. 10/- each

Rs. 2845.000 Million

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

275815560

Equity Shares

Rs. 10/- each

Rs. 2758.155 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

2758.000

2758.000

2758.000

(b) Reserves & Surplus

6151.000

5853.000

5087.000

(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)

8909.000

8611.000

7845.000

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) Long-term borrowings

69.000

54.000

46.000

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(c) Other long term liabilities

21.000

17.000

17.000

(d) long-term provisions

403.000

336.000

300.000

Total Non-current Liabilities (3)

493.000

407.000

363.000

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

0.000

0.000

0.000

(b) Trade payables

6453.000

4982.000

4217.000

(c) Other current liabilities

1432.000

603.000

583.000

(d) Short-term provisions

318.000

272.000

235.000

Total Current Liabilities (4)

8203.000

5857.000

5035.000

 

 

 

 

TOTAL

17605.000

14875.000

13243.000

 

 

 

 

II.            ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

2337.000

960.000

694.000

(ii) Intangible Assets

0.000

0.000

0.000

(iii) Capital work-in-progress

581.000

540.000

160.000

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

0.000

0.000

0.000

(c) Deferred tax assets (net)

703.000

638.000

415.000

(d)  Long-term Loan and Advances

1225.000

965.000

540.000

(e) Other Non-current assets

9.000

8.000

7.000

Total Non-Current Assets

4855.000

3111.000

1816.000

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

2576.000

2145.000

1681.000

(c) Trade receivables

7149.000

7188.000

6970.000

(d) Cash and cash equivalents

1123.000

1023.000

1235.000

(e) Short-term loans and advances

1266.000

881.000

1151.000

(f) Other current assets

636.000

527.000

390.000

Total Current Assets

12750.000

11764.000

11427.000

 

 

 

 

TOTAL

17605.000

14875.000

13243.000

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

31.03.2014

31.03.2013

31.03.2012

 

 

 

 

 

 

GROSS INCOME

16909.000

1554.000

15871.000

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

TOTAL                                    

NA

NA

NA

 

 

 

 

 

 

PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION

943.000

1354.000

2523.000

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                    

431.000

305.000

282.000

 

 

 

 

 

 

PROFIT BEFORE TAX             

512.000

1049.000

2241.000

 

 

 

 

 

Less

TAX                                                     

214.000

283.000

716.000

 

 

 

 

 

 

PROFIT AFTER TAX

298.000

766.000

1525.000

 

 

 

 

 

 

IMPORTS

 

 

 

 

 

Raw Materials

5602.000

4895.000

4508.000

 

 

Stock in Trade

2128.000

1812.000

798.000

 

 

Capital Goods

65.000

35.000

35.000

 

TOTAL IMPORTS

7795.000

4930.000

4543.000

 

 

 

 

 

 

Earnings Per Share (Rs.)

1.08

2.78

5.53

 

 

 

 

 

 

 

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

 

 

KEY RATIOS

 

 

PARTICULARS

 

 

31.03.2014

31.03.2013

31.03.2012

Return on Total Assets

(PBT/Total Assets}

(%)

3.14

7.66

17.69

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

0.06

0.12

0.29

 

 

 

 

 

Debt Equity Ratio

(Total Liability/Networth)

 

0.01

0.01

0.01

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

1.55

2.01

2.27

 

Total Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term debts

 

 

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

2758.000

2758.000

2758.000

Reserves & Surplus

5087.000

5853.000

6151.000

Money received against share warrants

0.000

0.000

0.000

Share Application money pending allotment

0.000

0.000

0.000

Net worth

7845.000

8611.000

8909.000

 

 

 

 

Long-term borrowings

46.000

54.000

69.000

Short term borrowings

0.000

0.000

0.000

Total borrowings

46.000

54.000

69.000

Debt/Equity ratio

0.006

0.006

0.008

 

 

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)

Gross Income

15871.000

1554.000

16909.000

 

 

(90.209)

988.095

 

 

 

NET PROFIT MARGIN

 

Net Profit Margin

31.03.2012

31.03.2013

31.03.2014

 

(Rs. In Million)

(Rs. In Million)

(Rs. In Million)

Gross Income

15871.000

1554.000

16909.000

Profit

1525.000

766.000

298.000

 

9.61%

49.29%

1.76%

 

 

 

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

Yes

9

Promoter’s background

Yes

10

Date of Birth of Proprietor / Partners / Directors

Yes

11

Pan Card No. of Proprietor / Partners

Yes

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

No

21

Banking facility details

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

No

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

 

 

INDEX OF CHARGES: No Charges Exist for Company.

 

 

UNSECURED LOANS

 

PARTICULARS

31.03.2014

(Rs. In Million)

31.03.2013

(Rs. In Million)

LONG-TERM BORROWINGS

 

 

Other loans and advances

11.000

11.000

 

 

 

Total

11.000

11.000

 

 

GENERAL INFORMATION

 

NCR Corporation India Private Limited (the 'Company') was set up in July 1996, as a fully owned subsidiary of NCR Corporation, based in Duluth, Georgia, USA. The Company's principal business includes manufacturing and sale of Automated Teller Machines (ATM), sale of traded products, providing software solutions and customer support.

 

'The Company has its registered office in Bangalore. The Company has a state-of-the-art manufacturing plant in Puducherry, which caters to both domestic demand as well as export to other global NCR entities. The Company also has a dedicated Research and Development Centre in Hyderabad, Support Centre in Gurgaon and a Global Customer Care Centre in Mumbai.

 

 

FIXED ASSETS:

 

·         Land

·         Plant and Equipments

·         Furniture and Fixtures

·         Vehicles

·         Office Equipments

·         Computer Equipments

·         Leasehold Improvements

 

 

 

 

 

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. 63.83

UK Pound

1

Rs. 97.10

Euro

1

Rs. 69.74

 

 

INFORMATION DETAILS

 

Information Gathered by :

DIP

 

 

Analysis Done by :

DIV

 

 

Report Prepared by :

IND

 

 

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

--PROFITABILIRY

1~10

5

--LIQUIDITY

1~10

5

--LEVERAGE

1~10

5

--RESERVES

1~10

6

--CREDIT LINES

1~10

5

--MARGINS

-5~5

--

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

NO

--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

 

46

 

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

 

--

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.