|
Report No. : |
318073 |
|
Report Date : |
06.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
BHATS PHARMAA |
|
|
|
|
Registered
Office : |
D. No. 7-1-621/288, Ramakrishna Nivas, Flat No. 203, 2nd Floor,
Sanjeeva Reddy Nagar, Hyderabad – 500038, Telangana |
|
Tel. No.: |
91-40-23813881 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Year of
Establishment : |
2003 |
|
|
|
|
Capital
Investment : |
Rs. 3.567 Million |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AFYPP1214L |
|
|
|
|
Legal Form : |
Sole Proprietary Concern |
|
|
|
|
Line of Business
: |
Dealer and Distributor of Pharmaceutical Products. |
|
|
|
|
No. of Employees
: |
8 (Approximately) |
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 |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established proprietary concern having satisfactory
track record. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct. The concern can be considered 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 – 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
NOT AVAILABLE
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2014.
INFORMATION PARTED BY
|
Name : |
Mr. G. Ram Babu |
|
Designation : |
Manager |
|
Contact No.: |
91-9866319350 |
|
Date : |
04.05.2015 |
LOCATIONS
|
Registered Office : |
D. No. 7-1-621/288, Ramakrishna Nivas, Flat No. 203, 2nd Floor,
Sanjeeva Reddy Nagar, Hyderabad – 500038, Telangana, India |
|
Tel. No.: |
91-40-23813881/ 65614219 |
|
Mobile No.: |
91-9894032164 [Mr. Girish Bhat] 91-9866319350 [Mr. G. Ram Babu] |
|
Fax No.: |
91-40-23813881 |
|
E-Mail : |
|
|
Area : |
1500 Sq. ft. |
|
Location : |
Rented |
SOLE PROPRIETOR
|
Name : |
Mr. Padakudru Ganesh Prasad Bhat |
|
Designation : |
Proprietor |
|
Address : |
HIG-13, BHEL HIG Colony, Ramachandrapuram, District Medak – 502032,
Andhra Pradesh, India |
|
Date of Birth/Age : |
03.07.1964 |
|
PAN No.: |
AFYPP1214L |
KEY EXECUTIVES
|
Name : |
Mr. G. Ram Babu |
|
Designation : |
Manager |
BUSINESS DETAILS
|
Line of Business : |
Dealer and Distributor of Pharmaceutical Products. |
|
|
|
|
Brand Names : |
-- |
|
|
|
|
Agencies Held : |
-- |
|
|
|
|
Exports : |
|
|
Products : |
-- |
|
Countries : |
-- |
|
|
|
|
Imports : |
|
|
Products : |
-- |
|
Countries : |
-- |
|
|
|
|
Terms : |
|
|
Selling : |
Cheque |
|
|
|
|
Purchasing : |
Cheque |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
End Users
· The Medical Superintendent, (ESIC) ESIC Model Hospital, Nacharam, Telangana, India · Emcure Pharmaceuticals Limited Kunal Health Care, Plot No. 49, H. No. 1-8-32/49/1, Part A, 1st
Floor, Bapubagh Colony, Hyderabad, Telangana, India · Nava Sanjivani Drugs D. No. 6-3-347/9, Shop No. 1A and 1B, Dwarapuri Colony, Panjagutta,
Hyderabad, Telangana, India · Medihauxe Pharma Private Limited 247/3RT, D. No. 402, 4th Floor, Ramakrishna Nivas, S.R.
Nagar, Hyderabad, Telangana, India · Gaudev and Co. 6-3-668/9/6, Opposite Model House, Uday Medicals Stores, 2nd
Floor, Panjagutta, Hyderabad, Telangana, India · Vardhman Specialties D No. 28-2-58, 2nd Floor, Fashion Silk House up Stairs,
Jagadamba Junction, Visakhapatnam, Andhra
Pradesh, India · I.S.P. Sales (Eastern) Private Limited 4-3-83 to 85, Hill Street, Rani Gunj, Secunderabad, Telangana, India · Bhuvaneshwari Medicine House · Lorven Pharma and Surgicals · Annapurna Medicals and Market Agencies · S.P. Drugs · Sree Krishna Medical Enterprises · Sri Sai Medi-Spark Private Limited · Vardhman Health Specialties Private Limited · Visakha Pharmaceuticals |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
8 (Approximately) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
|
|
|
Auditors : |
|
|
Name : |
Durga Prasad Associates Chartered Accountants |
|
Address : |
401, IV Floor, Vijaya Raghava Chambers, Chandanagar, Hyderabad –
500050, Telangana, India |
|
Tel. No.: |
91-40-23033011/ 23032073 |
|
E-Mail : |
|
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS
ON 31.03.2014
|
PARTICULARS |
AMOUNT IN
MILLION |
|
|
|
|
Capital |
1.815 |
|
Add: Net Profit |
2.467 |
|
|
------------ |
|
|
4.282 |
|
Less: Drawings |
0.715 |
|
|
------------ |
|
Total |
3.567 |
FINANCIAL DATA
[all figures are
in Rupees Million]
Note : Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
ABRIDGED BALANCE
SHEET
|
SOURCES OF
FUNDS |
|
|
31.03.2014 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Proprietor’s Capital |
|
|
3.567 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Profit and Loss Account |
|
|
0.000 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
3.567 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
0.513 |
|
|
TOTAL BORROWING |
|
|
0.513 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
4.080 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
0.040 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000 |
|
|
Sundry Debtors |
|
|
1.313 |
|
|
Cash & Bank Balances |
|
|
0.370 |
|
|
Other Current Assets |
|
|
2.500 |
|
|
Loans & Advances |
|
|
0.925 |
|
Total
Current Assets |
|
|
5.108 |
|
|
Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
0.000 |
|
|
Other Current Liabilities |
|
|
1.005 |
|
|
Provisions |
|
|
0.063 |
|
Total
Current Liabilities |
|
|
1.068 |
|
|
Net Current Assets |
|
|
4.040 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
4.080 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2014 |
|
|
|
SALES |
|
|
|
|
|
|
|
Commission received |
|
|
6.680 |
|
|
|
Other Income |
|
|
1.007 |
|
|
|
TOTAL |
|
|
7.687 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Electricity |
|
|
0.261 |
|
|
|
Office Maintenance |
|
|
0.177 |
|
|
|
Courier |
|
|
0.151 |
|
|
|
Conveyance |
|
|
0.254 |
|
|
|
Printing and Stationery |
|
|
0.114 |
|
|
|
Rent |
|
|
0.240 |
|
|
|
Salaries |
|
|
2.405 |
|
|
|
Service Tax paid |
|
|
0.828 |
|
|
|
Staff welfare |
|
|
0.206 |
|
|
|
Telephones and Internet |
|
|
0.106 |
|
|
|
Travelling |
|
|
0.315 |
|
|
|
Other Expenses |
|
|
0.158 |
|
|
|
TOTAL |
|
|
5.215 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE DEPRECIATION AND AMORTISATION |
|
|
2.472 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
|
0.005 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
|
|
2.467 |
|
KEY RATIOS
|
PARTICULARS |
|
|
|
31.03.2014 |
|
Net Profit Margin (PAT/Sales) |
(%) |
|
|
36.93 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
|
|
47.92 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
|
|
0.69 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
|
|
0.14 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
|
|
4.78 |
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 |
Yes |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
11] |
Turnover of firm for last
one year |
Yes |
|
12] |
Profitability for last
one year |
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 |
Yes |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
Yes |
|
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 |
No |
|
25] |
Conduct of the banking
account |
-- |
|
26] |
Buyer visit details |
-- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if
applicable |
No |
|
29] |
Last accounts filed at
ROC |
No |
|
30] |
Major Shareholders, if
available |
No |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director,
if available |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF TOTAL INCOME
(RS. IN MILLION)
|
PARTICULARS |
31.03.2014 |
||
|
Income Heads |
Income Before
Set off |
|
Income After Set
off |
|
|
|
|
|
|
Income from Salary |
0.192 |
|
0.192 |
|
|
|
|
|
|
Income from House Property |
0.049 |
|
0.049 |
|
|
|
|
|
|
Income from Business or Profession |
2.458 |
|
2.458 |
|
|
|
|
|
|
Income from Capital Gains |
0.000 |
|
0.000 |
|
|
|
|
|
|
Income from Other Sources |
0.000 |
|
0.000 |
|
|
|
|
------------ |
|
Gross Total Income |
|
|
2.699 |
|
|
|
|
|
|
Less: Deduction under Chapter VIA |
|
|
0.100 |
|
|
|
|
------------ |
|
Total Income |
|
|
2.599 |
|
|
|
|
|
|
Rounding off u/s 288A |
|
|
2.599 |
|
|
|
|
|
|
Income Taxable at Normal Rate |
|
2.599 |
|
|
Income Taxable at Special Rate |
|
0.000 |
|
|
|
|
|
|
|
TAX
CALCULATION |
|||
|
Basic Exemption Limit |
0.200 |
|
|
|
Tax at Normal Rates |
0.610 |
|
|
|
|
|
|
|
|
Total Tax |
|
|
0.610 |
|
|
|
|
|
|
Add: Education Cess |
|
|
0.012 |
|
|
|
|
------------ |
|
Total |
|
|
0.622 |
|
|
|
|
|
|
Add: Secondary and Higher Education Cess |
|
|
0.006 |
|
|
|
|
------------ |
|
Total |
|
|
0.628 |
|
|
|
|
|
|
Less: TDS/TCS |
|
|
0.884 |
|
|
|
|
------------ |
|
Assessed Tax |
|
|
(0.256) |
|
|
|
|
|
|
Amount Refundable |
|
|
0.256 |
|
Amount Refundable rounded off u/s 288 B |
0.256 |
|
|
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MR. PADUKUDURU GANESH PRASAD BHAT
(RS. IN MILLION)
|
PARTICULARS |
AMOUNT |
|||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
(A) IMMOVABLE
PROPERTY |
|
|
||||||||||||||||||||
|
Residential Building admeasuring GF, FF with
built up area 2337.14 Sq. ft. built in the plot admeasuring 6.40 cents,
situated at Plot No. 50, Sy. No. 340 and 369, Shivali Village,
Mooduperampalli Ward of Udipi City Municipality in the name of Mr. Manohar S.
Shetty and Mr. Padukudru Ganesh Prasad Bhat as per Valuer’s Certificate
(Share of Padukudru Ganesh Prasad Bhat) |
4.200 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Residential plot admeasuring 12.8 cents Sy. Nos. 22/4A and 22/4B, On Northern Portion, situated at No.L71, Thiruvencheri Village (Mappedu Hamplet), Tambaram Taluk, Kancheepuram District Tamilnadu State, in the name of Mr. P. Ganesh Prasad Bhat as per Valuer’s Certificate |
2.000 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Residential Flat admeasuring with Built up area 1000.00 sft Built in an undivided share of Plot admeasuring 32.00 sq.yds, Situated at Flat No. 102, First floor, Ramakrishna Nivas, Sanjeeva Reddy Nagar, Hyderabad, Telangana State in the name of Mr. P. Ganesh Prasad Bhat as per valuer's certificate |
5.000 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Residential plot admeasuring 38.5 cents Sy. No 77/2B, Situated at Patta No. 558, Egattur Village, Chengleput taluk, Kanchipuram District in the name of Sri. p. Ganesh Prasad Bhat as per Valuer's Certificate |
5.000 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Residential plot admeasuring 12.8 cents Sy. Nos. 22/4A and 22/4B, On Southern Portion, situated at No.17L, Thiruvencheri Village (Mappedu Hamplet), Tambaram Taluk, Kancheepuram District Tamilnadu Stat€, in the name of Mr. P. Ganesh Prasad Bhat as per Valuer's Certificate |
2.500 |
|
||||||||||||||||||||
|
|
-------------- |
|
||||||||||||||||||||
|
Total (A) |
|
18.700 |
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
(B) MOVABLE
PROPERTY |
|
|
||||||||||||||||||||
|
Bank balance with Vijaya Bank, Nizampet Branch in Savings Bank Account No. 408301011001080 as on 07.02.2015 |
0.002 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Bank balance with Vijaya Bank, Chandanagar Branch
in Savings Bank Account No. 121201011000172 as on 27.04.2015 |
0.028 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Bank balance with Vijaya Bank, Chandanagar Branch
in Savings Bank Account No. 121201011000172 as on 28.04.2015 |
0.009 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Fixed deposits in Vijaya Bank,
Chandanagar Branch Bearing Account No.
|
5.460 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Investment in Bhats Pharmaa |
3.567 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Investment in Arya Builders |
3.000 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Jewellery |
1.000 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Rent from Medihauxe International Private
Limited |
0.360 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
LIC Policies paid up value |
1.200 |
|
||||||||||||||||||||
|
|
-------------- |
|
||||||||||||||||||||
|
Total (B) |
|
14.626 |
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
(C) LIABILITIES |
|
|
||||||||||||||||||||
|
Housing Loan from Vijaya Bank |
4.924 |
|
||||||||||||||||||||
|
|
|
|
||||||||||||||||||||
|
Jewellery Loan from Vijaya Bank |
0.750 |
|
||||||||||||||||||||
|
|
-------------- |
|
||||||||||||||||||||
|
Total (C) |
|
5.674 |
||||||||||||||||||||
|
|
|
-------------- |
||||||||||||||||||||
|
NETWORTH |
|
27.652 |
||||||||||||||||||||
------------------------------------------------------------------------------------------------------------------------------
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 records 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. 63.52 |
|
|
1 |
Rs. 95.96 |
|
Euro |
1 |
Rs. 70.54 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
SAN |
|
|
|
|
Report Prepared
by : |
BVA |
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 |
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 |
NO |
|
--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.