MIRA INFORM REPORT
|
Report No. : |
312121 |
|
Report Date : |
16.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
LLOYD INSULATIONS ( |
|
|
|
|
Registered
Office : |
M-13, Connaught Place, New Delhi – 110001 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
06.06.1977 |
|
|
|
|
Com. Reg. No.: |
55-008629 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.300.000 million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74210DL1977PLC008629 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUML04371D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACL0486E |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturing, Exporter and Importer of Ceramic Fibre Products, Rigid Polyurethane Foam Sandwich Panels, Rigid Polyurethane Foam Slaps, Pipe Sections, Pipe Supports and other products and Isothane Products. |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (50) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 7900000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Exist |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track record. As per registrar of companies the date of balance sheet i.e.
financials filed is shown as 31st March, 2014 but the documents related to
the financials for the year 2014 are not available from any sources. As per available financial 2013, financial position of the company
seem to be decent. Trade relations are reported to be fair. Business is active. Payment
terms are reported to be usually correct and as per commitments. The company can be considered for normal business dealing 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 – 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 |
ICRA |
|
Rating |
Fund Based Limits=A+ |
|
Rating Explanation |
Have adequate degree of safety and carry low
credit risk. |
|
Date |
November, 2013 |
|
Rating Agency Name |
ICRA |
|
Rating |
Non Fund Based Limits=A1+ |
|
Rating Explanation |
Have very strong degree of safety and carry
lowest credit risk. |
|
Date |
November, 2013 |
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 CO-OPERATIVE (91-11-30882900)
LOCATIONS
|
Registered Office : |
M-13, |
|
Tel. No.: |
91-41517245 /30882900 |
|
Fax No.: |
91-11-26467259 /30882894 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Regional Office : |
Punj Star Premises, Kalkaji Industrial Area, New Delhi-110019, India |
|
Tel. No.: |
91-11-30882900 to 06 |
|
Fax No.: |
91-11-30882894 / 95 |
|
|
|
|
Factory : |
Located at: · Baddi · Solan · Himachal Pradesh |
|
|
|
|
Branch Office : |
Located at: ·
Angul ·
Bangalore ·
Barauni ·
Bamer ·
Baroda ·
Bhatinda ·
Bhilai ·
Bhubaneswar ·
Bina ·
Chandigarh ·
Chennai ·
Cochin ·
Durgapur ·
Guwahati ·
Haldia ·
Hyderabad ·
Jamnagar ·
Jamshedpur ·
Kanpur ·
Kolkata ·
Kota ·
Lucknow ·
Mangalore ·
Mathura ·
Mumbai ·
Panipat ·
Pata ·
Pune ·
Raipur ·
Rourekela ·
Surat ·
Visakhapatnam |
DIRECTORS
As on: 29.09.2014
|
Name : |
Mr. Nilender Prakash Punj |
|
Designation : |
Chairman and Managing Director |
|
Address : |
10, Prithvi
Raj Road, |
|
Date of Birth/Age : |
02.04.1939 |
|
Date of Appointment : |
11.12.1986 |
|
DIN No.: |
00048157 |
|
|
|
|
Name : |
Mr. Chander Prakash Khanna |
|
Designation : |
Managing Director |
|
Address : |
2/19, Kalkaji
Extn. |
|
Date of Birth/Age : |
18.03.1931 |
|
Date of Appointment : |
10.06.1977 |
|
DIN No.: |
00059450 |
|
|
|
|
Name : |
Mr. Vineet Prakash Munjal |
|
Designation : |
Whole time Director |
|
Address : |
5 Anu Sai Villa, Third Floor, No. 8, |
|
Date of Birth/Age : |
30.09.1961 |
|
Date of Appointment : |
30.06.1993 |
|
DIN No.: |
00933303 |
|
|
|
|
Name : |
Mr. Mohit Khanna |
|
Designation : |
Whole Time Director |
|
Address : |
7/15 Kalkaji Extn. |
|
Date of Birth/Age : |
23.08.1960 |
|
Date of Appointment : |
30.06.1993 |
|
DIN No.: |
00059431 |
|
|
|
|
Name : |
Mr. Gautam Punj |
|
Designation : |
Director |
|
Address : |
10- Prithvi
Raj Road, |
|
Date of Birth/Age : |
08.01.1974 |
|
Date of Appointment : |
19.04.2003 |
|
DIN No.: |
00048225 |
|
|
|
|
Name : |
Mr. Venkat Raman Mohan |
|
Designation : |
Director |
|
Address : |
3, Plot No. 46, Waman, Garodia Nagar, Ghatkopar (East),
Mumbai – 400 077, |
|
Date of Birth/Age : |
06.05.1951 |
|
Date of Appointment : |
07.08.1991 |
|
DIN No.: |
00071517 |
|
|
|
|
Name : |
Mrs. Gita Punj |
|
Designation : |
Director |
|
Address : |
10- Prithvi
Raj Road, |
|
Date of Birth/Age : |
15.04.1948 |
|
Date of Appointment : |
31.07.1990 |
|
DIN No.: |
00048203 |
|
|
|
|
Name : |
Mrs. Gauri Punj |
|
Designation : |
Director |
|
Address : |
10- Prithvi
Raj Road, |
|
Date of Birth/Age : |
25.02.1972 |
|
Date of Appointment : |
11.12.1991 |
|
DIN No.: |
01450615 |
|
|
|
|
Name : |
Mrs. Gayatri Punj |
|
Designation : |
Director |
|
Address : |
10- Prithvi
Raj Road, |
|
Date of Birth/Age : |
06.06.1978 |
|
Date of Appointment : |
19.04.2003 |
|
DIN No.: |
01171133 |
|
|
|
|
Name : |
Mr. Suneet Prakash Munjal |
|
Designation : |
Additional Director |
|
Address : |
41, Sainara Apartments, 17, Cuffe Parade, Mumbai – 400005,
Maharashtra, India |
|
Date of Birth/Age : |
21.01.1964 |
|
Date of Appointment : |
05.09.2014 |
|
DIN No.: |
00677710 |
KEY EXECUTIVES
|
Name : |
Mrs. Ashwini Kumar Kohli |
|
Designation : |
Secretary |
|
Address : |
A-84, Vivek Vihar – 1, Delhi –
110095, India |
|
Date of Birth/Age : |
16.04.1961 |
|
Date of Appointment : |
04.08.2014 |
|
PAN No.: |
AIPPK0844D |
|
|
|
|
|
|
|
Name : |
Mr. K.K. Mitra |
|
Designation : |
Vice President |
|
|
|
|
Name : |
Mr. Kaushik Bose |
|
Designation : |
Additional General Manager |
|
|
|
|
Name : |
Mr. B.J. Kuppuswamy |
|
Designation : |
Senior General Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 29.09.2014
|
Names of Shareholders |
No. of Shares |
|
Ravishivam Investments Private Limited, India |
478200 |
|
Radita Investments Private Limited, India |
478400 |
|
Sumaya Investments Private Limited, India |
478400 |
|
Fibre Glass Private Limited, India |
4000 |
|
Pushpanjali Holdings Private Limited, India |
1363000 |
|
Cosmo Capital and Investments Private Limited, India |
5257700 |
|
Subhavan Investments Private Limited, India |
5256800 |
|
Nitam Investments Private Limited, India |
5256800 |
|
Gaunder Investments Private Limited, India |
3350 |
|
Nilender Prakash Pun |
10 |
|
Gautam Punj |
10 |
|
Gauri Punj Talwar |
10 |
|
Gaunil Holding Private Limited, India |
10 |
|
Muller Investments Private Limited, India |
10 |
|
Punj Star Properties Limited, India |
10 |
|
Punj Lloyd Engineering Private Limited, India |
10 |
|
Niam Holding Private Limited, India |
10 |
|
Lloyd Products Private Limited, India |
10 |
|
Punjstar Industries Private Limited, India |
10 |
|
Ineco Engineering Private Limited, India |
10 |
|
Nigit Holdings Private Limited, India |
10 |
|
Punjstar Infotech Private Limited, India |
10 |
|
Lloyd Thermal Construction and Engineering Private Limited, India |
10 |
Equity Share Break up (Percentage of Total Equity)
As on: 29.09.2014
|
Category |
Percentage |
|
Bodies corporate |
61.92 |
|
Directors or relatives of Directors |
38.08 |
|
Total |
100.00 |
%20LIMITED%20-%20312121%2016-Mar-2015_files/image013.gif)
BUSINESS DETAILS
|
Line of Business : |
Manufacturing, Exporter and Importer of Ceramic Fibre Products, Rigid Polyurethane Foam Sandwich Panels, Rigid Polyurethane Foam Slaps, Pipe Sections, Pipe Supports and other products and Isothane Products. |
||||||||
|
|
|
||||||||
|
Products : |
|
||||||||
|
|
|
||||||||
|
Brand Names : |
Not Available |
||||||||
|
|
|
||||||||
|
Agencies Held : |
Not Available |
||||||||
|
|
|
||||||||
|
Exports : |
Not Divulged |
||||||||
|
|
|
||||||||
|
Imports : |
Not Divulged |
||||||||
|
|
|
||||||||
|
Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Customers : |
|
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
No. of Employees : |
Not Divulged |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Bankers : |
·
ICICI Bank Limited, Landmarkrace Cource Circle,
Alkapuri, Baroda-390015, Gujarat, India
·
Axis Bank Limited, 2nd Floor,
Statesman House, 148, Barakhamba Road, New Delhi – 110001, India ·
IDBI Bank Limited, Indian Red Cross Road, Post
Bag No.231, New Delhi – 110001, India ·
Punjab and Sind Bank, 91, Bhandari House, Nehru
Place, New Delhi – 110019, India ·
HDFC Bank Limited, HDFC Bank House, Senapati
Bapat Marg, Lower Parel (West), Mumbai – 400013, Maharashtra, India |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Auditors : |
|
|
Name : |
Suresh C Mathur And Company Chartered Accountant |
|
Address : |
64 Regal Building, Connaught Place, New Delhi – 110001, India |
|
Pan. No.: |
AAAFS4173N |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Joint Venture : |
Peb Steel Lloyd (India) Limited CIN No.:- U27106DL2006PLC155546 |
|
|
|
|
Subsidiaries : |
Isolloyd Engineering Technologies Limited CIN No.:- U24119DL2005PLC131798 |
CAPITAL STRUCTURE
As on 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
30000000 |
Equity Shares |
Rs.10/- each |
Rs.300.000 million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
30000000 |
Equity Shares |
Rs.10/- each |
Rs.300.000 million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees million]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
300.000 |
30.000 |
30.000 |
|
(b) Reserves & Surplus |
2,452.777 |
2,433.223 |
2,182.258 |
|
(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) |
2,752.777 |
2,463.223 |
2,212.258 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
51.496 |
87.491 |
146.890 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
1.245 |
2.963 |
|
(c) Other long term
liabilities |
0.320 |
0.000 |
0.000 |
|
(d) long-term
provisions |
35.420 |
30.001 |
25.763 |
|
Total Non-current
Liabilities (3) |
87.236 |
118.737 |
175.616 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
721.065 |
467.449 |
337.815 |
|
(b) Trade
payables |
2,457.618 |
2,412.020 |
2,086.802 |
|
(c) Other
current liabilities |
1,194.911 |
1,418.887 |
1,000.568 |
|
(d) Short-term
provisions |
66.095 |
59.210 |
54.757 |
|
Total Current Liabilities
(4) |
4,439.689 |
4,357.566 |
3,479.942 |
|
|
|
|
|
|
TOTAL |
7,279.702 |
6,939.526 |
5,867.816 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
624.297 |
671.121 |
670.473 |
|
(ii)
Intangible Assets |
4.962 |
8.080 |
11.599 |
|
(iii)
Capital work-in-progress |
29.216 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
232.958 |
246.290 |
246.290 |
|
(c) Deferred tax assets (net) |
6.649 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
87.754 |
82.219 |
0.000 |
|
(e) Other
Non-current assets |
259.566 |
258.007 |
203.556 |
|
Total Non-Current
Assets |
1,245.402 |
1,265.717 |
1,131.918 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
425.289 |
385.068 |
347.839 |
|
(c) Trade
receivables |
3,949.299 |
3,562.268 |
3,057.568 |
|
(d) Cash
and cash equivalents |
609.731 |
699.374 |
644.379 |
|
(e)
Short-term loans and advances |
259.424 |
184.047 |
472.572 |
|
(f) Other
current assets |
790.557 |
843.052 |
213.540 |
|
Total
Current Assets |
6,034.300 |
5,673.809 |
4,735.898 |
|
|
|
|
|
|
TOTAL |
7,279.702 |
6,939.526 |
5,867.816 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
||
|
|
SALES |
|
|
|
||
|
|
|
Income |
10,107.877 |
10,019.611 |
8,491.819 |
|
|
|
|
Other Income |
85.216 |
89.683 |
63.248 |
|
|
|
|
TOTAL (A) |
10,193.093 |
10,109.294 |
8,555.067 |
|
|
|
|
|
|
|
||
|
Less |
EXPENSES |
|
|
|
||
|
|
|
Cost of Materials Consumed |
6,675.735 |
6,809.556 |
5,576.395 |
|
|
|
|
Changes in Inventories of finished goods, work-in-progress and
stock-in-trade |
6.894 |
(12.555) |
(6.973) |
|
|
|
|
Employee Benefits Expenses |
653.455 |
584.258 |
504.313 |
|
|
|
|
Other Expenses |
2,132.507 |
2,032.790 |
1,882.437 |
|
|
|
|
TOTAL (B) |
9,468.591 |
9,414.049 |
7,956.172 |
|
|
|
|
|
|
|
||
|
Less |
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
724.502 |
695.245 |
598.895 |
||
|
|
|
|
|
|
||
|
Less |
FINANCIAL
EXPENSES (D) |
170.280 |
136.251 |
63.529 |
||
|
|
|
|
|
|
||
|
|
PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)
(E) |
554.222 |
558.994 |
535.366 |
||
|
|
|
|
|
|
||
|
Less |
DEPRECIATION/
AMORTISATION (F) |
103.537 |
114.426 |
94.261 |
||
|
|
|
|
|
|
||
|
|
PROFIT/(LOSS)
BEFORE TAX (E-F) (G)
|
450.685 |
444.568 |
441.105 |
||
|
|
|
|
|
|
||
|
Less |
TAX (H) |
155.608 |
160.781 |
170.344 |
||
|
|
|
|
|
|
||
|
|
PROFIT/(LOSS)
AFTER TAX (G-H) (I) |
295.077 |
283.787 |
270.761 |
||
|
|
|
|
|
|
||
|
|
EARNINGS IN FOREIGN
CURRENCY |
55.937 |
18.947 |
459.869 |
||
|
|
|
|
|
|
||
|
|
IMPORTS |
|
|
|
||
|
|
|
Raw Materials |
422.676 |
500.121 |
NA |
|
|
|
|
Stores & Spares |
3.853 |
4.814 |
NA |
|
|
|
|
Capital Goods |
6.758 |
8.620 |
NA |
|
|
|
TOTAL IMPORTS |
433.287 |
513.555 |
NA |
||
|
|
|
|
|
|
||
|
|
Earnings Per
Share (Rs.) |
9.84 |
9.46 |
902.54 |
||
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
Net Profit Margin (PAT / Sales) |
(%) |
2.92
|
2.83 |
3.19 |
|
|
|
|
|
|
|
Operating Profit Margin (PBIDT/Sales) |
(%) |
7.17
|
6.93 |
7.05 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
6.43 |
6.64 |
7.85 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.16 |
0.18 |
0.20 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.28 |
0.23 |
0.22 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.36 |
1.30 |
1.36 |
FINANCIAL ANALYSIS
[all figures are
in Rupees million]
DEBT EQUITY RATIO
|
Particular |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
Rs.
In million |
Rs.
In million |
Rs.
In million |
|
Share Capital |
30.000 |
30.000 |
300.000 |
|
Reserves & Surplus |
2182.258 |
2433.223 |
2452.777 |
|
Net
worth |
2212.258 |
2463.223 |
2752.777 |
|
|
|
|
|
|
long-term borrowings |
146.890 |
87.491 |
51.496 |
|
Short term borrowings |
337.815 |
467.449 |
721.065 |
|
Total
borrowings |
484.705 |
554.940 |
772.561 |
|
Debt/Equity
ratio |
0.219 |
0.225 |
0.281 |
%20LIMITED%20-%20312121%2016-Mar-2015_files/image015.gif)
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
Rs.
In million |
Rs.
In million |
Rs. In
million |
|
Sales |
8,491.819 |
10,019.611 |
10,107.877 |
|
|
|
17.991 |
0.881 |
%20LIMITED%20-%20312121%2016-Mar-2015_files/image017.gif)
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
Rs.
In million |
Rs.
In million |
Rs.
In million |
|
Sales
|
8,491.819 |
10,019.611 |
10,107.877 |
|
Profit |
270.761 |
283.787 |
295.077 |
|
|
3.19% |
2.83% |
2.92% |
%20LIMITED%20-%20312121%2016-Mar-2015_files/image019.gif)
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 |
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 |
Yes |
|
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 |
Yes |
|
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 |
No |
|
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 |
Yes |
LITIGATION
DETAILS:
|
IN
THE HIGH COURT OF DELHI AT NEW DELHI
|
OPERATIONS REVIEW:
The total revenue including other income for the financial year is Rs. 10193.093 million (Previous Year Rs. 10109.294 million). The profit before tax is Rs. 450.685 million (Previous Year Rs. 444.568 million). The profit after tax is Rs 295.077 million (Previous Year Rs. 283.787 million).
UNSECURED LOANS:
|
Particulars |
31.03.2013 Rs. In Millions |
31.03.2012 Rs. In Millions |
|
Short Term Borrowings |
|
|
|
Term Loans from
Banks |
0.000 |
20.049 |
|
Working Capital
Loans from Banks |
48.907 |
70.826 |
|
|
|
|
|
Total |
48.907 |
90.875 |
FIXED ASSETS:
·
Land
·
Building
·
Furniture and Fixtures
·
Plant and Machinery
·
Office Equipments
·
Vehicles
·
Computers
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.62.67 |
|
|
1 |
Rs.93.16 |
|
Euro |
1 |
Rs.66.42 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
MTN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILITY |
1~10 |
6 |
|
--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 |
YES |
|
--LITIGATION |
YES/NO |
YES |
|
--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 |
|
50 |
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.