MIRA INFORM REPORT
|
Report No. : |
346495 |
|
Report Date : |
30.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
GOLDEN ROLLS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
A-11, IInd Floor, Pamposh Enclave, New Delhi – 110019 |
|
Tel. No.: |
91-11-26464401 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
30.06.1982 |
|
|
|
|
Com. Reg. No.: |
55-013947 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.21.375 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U25109DL1982PTC013947 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer, Exporter and Importer of Rubber Rolls, Elevator Buckets,
Bucket Elevators, Drag Chain Conveyors, Screw Conveyors, etc. |
|
|
|
|
No. of Employees
: |
250 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (41) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 139000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was established in the year 1982 and it is a manufacturer,
exporter and importer of rubber rolls and rice part machinery. For the financial year ended 2014, the company has reported marginal
growth of 4.77% and it has maintained above average profitability margins at
1.87% during the year under a review. Rating also takes into consideration company’s above average financial
base marked by modest net worth along with moderate debt protection
indicators and sound liquidity position of the company. Trade relations are fair. Business is active. Payment terms are
reported to be slow but correct. In view of aforesaid, the company can be considered for business
dealings at usual trade terms and condition. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
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 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
31-03-2015.
INFORMATION PARTED BY
|
Name : |
Mr. Kush Anand |
|
Designation : |
Director |
|
Contact No.: |
91-9810656577 |
|
Date : |
27.10.2015 |
LOCATIONS
|
Registered Office : |
A-11, IInd Floor, Pamposh Enclave, New Delhi – 110019, India |
|
Tel. No.: |
91-11-26464401 |
|
Mobile No.: |
91-9810656577 (Mr. Kush Anand) |
|
Fax No.: |
91-11-66173853 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Factory : |
G T Road, Bahalgarh, Opposite Sports Authority of India Village,
Sultanpur, Sonipat – 131001, Haryana, India |
|
Tel. No.: |
91-130-6452666/ 6452777 |
DIRECTORS
AS ON 30.09.2014
|
Name : |
Mr. Narender Kumar Bhasin |
|
Designation : |
Director |
|
Address : |
52, Ground Floor, Paschimi Marg, Vasant Vihar, New Delhi –
110057, India |
|
Date of Birth/Age : |
23.09.1960 |
|
Date of Appointment : |
01.02.2006 |
|
DIN No.: |
00505105 |
|
|
|
|
Name : |
Mr. Kush Anand |
|
Designation : |
Director |
|
Address : |
A-11, Second Floor, Pamposh Enclave, New Delhi – 110048, India |
|
Date of Birth/Age : |
21.07.1978 |
|
Date of Appointment : |
16.11.2006 |
|
DIN No.: |
00505118 |
|
|
|
|
Name : |
Mr. Vinod Anand |
|
Designation : |
Director |
|
Address : |
A-11, Second Floor, Pamposh Enclave, New Delhi – 110048, India |
|
Date of Birth/Age : |
08.04.1950 |
|
Date of Appointment : |
30.06.1982 |
|
DIN No.: |
00509349 |
|
|
|
|
Name : |
Mr. Utsav Bhasin |
|
Designation : |
Director |
|
Address : |
52, Ground Floor, Paschimi Marg, Vasant Vihar, New Delhi –
110057, India |
|
Date of Birth/Age : |
15.06.1989 |
|
Date of Appointment : |
23.03.2009 |
|
DIN No.: |
02570630 |
|
|
|
|
Name : |
Mrs. Poonam Anand |
|
Designation : |
Director |
|
Address : |
A-11, Second Floor, Pamposh Enclave, New Delhi – 110048, India |
|
Date of Birth/Age : |
10.07.1956 |
|
Date of Appointment : |
01.08.2014 |
|
DIN No.: |
06931704 |
|
|
|
|
Name : |
Mrs. Ruchi Anand |
|
Designation : |
Director |
|
Address : |
A-11, Second Floor, Pamposh Enclave, New Delhi – 110048, India |
|
Date of Birth/Age : |
13.08.1984 |
|
Date of Appointment : |
01.08.2014 |
|
DIN No.: |
06931669 |
|
|
|
|
Name : |
Mrs. Sakshi Bhasin |
|
Designation : |
Director |
|
Address : |
52, Ground Floor, Paschimi Marg, Vasant Vihar, New Delhi –
110057, India |
|
Date of Birth/Age : |
29.11.1991 |
|
Date of Appointment : |
01.08.2014 |
|
DIN No.: |
06931701 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2014
|
Names of Shareholders |
|
No. of Shares |
|
Anand Vinod Kumar |
|
27675 |
|
Bhasin Narender |
|
19683 |
|
Anand Poonam |
|
19229 |
|
Bhasin N.K. HUF |
|
20925 |
|
Bhasin Utsav |
|
46580 |
|
Bhasin Sakshi |
|
29925 |
|
Bhasin Krishna and N.K. Bhasin |
|
450 |
|
Anand Kaushal |
|
2137 |
|
Anand Kush |
|
12942 |
|
Anand Vinod(HUF) |
|
21154 |
|
Tiwary T.N. |
|
4275 |
|
Walia J.P. |
|
4275 |
|
Anand Ruchi |
|
4500 |
|
Total |
|
213750 |
AS ON 30.09.2014
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Directors
or relatives of directors |
95.00 |
|
Other
top fifty shareholders |
5.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer, Exporter and Importer of Rubber Rolls, Elevator Buckets,
Bucket Elevators, Drag Chain Conveyors, Screw Conveyors, etc. |
|
|
|
|
Brand Names : |
-- |
|
|
|
|
Agencies Held : |
-- |
|
|
|
|
Exports : |
|
|
Products : |
Finished Good |
|
Countries : |
· European Countries · Italy · Spain |
|
|
|
|
Imports : |
|
|
Products : |
Raw Material |
|
Countries : |
· Korea · Japan |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
|||||||||||||||||||||||||||
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Customers : |
Wholesalers and Retailers
· Lal Quila Basmati Rice ·
India Gate Basmati Rice ·
Kohinoor Basmati Rice ·
Daawat Basmati Rice ·
Best Foods ·
Hallo Basmati Rice |
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No. of Employees : |
250 (Approximately) |
|||||||||||||||||||||||||||
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Bankers : |
· Syndicate Bank Punjabi Bagh Branch, New Delhi - 110026, Delhi, India |
|||||||||||||||||||||||||||
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|
|||||||||||||||||||||||||||
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Facilities : |
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
K.K. Garg and Associates Chartered Accountants |
|
Address : |
317, Dakha Chambers, 2068/38, Naiwala, Karol Bagh, New Delhi – 110005,
India |
|
Tel. No.: |
91-11-28758485/28754439 |
|
Income-tax
PAN of auditor or auditor's firm : |
AAFPG0670H |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Related Parties : |
·
Super Trading Company · KBS Industries |
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
250000 |
Equity Shares |
Rs.100/- each |
Rs. 25.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
213750 |
Equity Shares |
Rs.100/- each |
Rs. 21.375
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 |
21.375 |
21.375 |
14.250 |
|
(b) Reserves & Surplus |
27.323 |
18.556 |
18.119 |
|
(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) |
48.698 |
39.931 |
32.369 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
92.596 |
156.179 |
152.992 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c)
Other long term liabilities |
1.425 |
1.415 |
1.417 |
|
(d)
long-term provisions |
6.128 |
5.744 |
5.088 |
|
Total
Non-current Liabilities (3) |
100.149 |
163.338 |
159.497 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
71.227 |
61.827 |
31.005 |
|
(b)
Trade payables |
12.246 |
10.071 |
12.773 |
|
(c)
Other current liabilities |
36.635 |
30.738 |
28.949 |
|
(d)
Short-term provisions |
4.906 |
4.654 |
4.330 |
|
Total
Current Liabilities (4) |
125.014 |
107.290 |
77.057 |
|
|
|
|
|
|
TOTAL |
273.861 |
310.559 |
268.923 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
101.927 |
104.161 |
99.921 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
1.968 |
1.445 |
1.056 |
|
(d) Long-term Loan
and Advances |
0.000 |
0.000 |
0.000 |
|
(e)
Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
103.895 |
105.606 |
100.977 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
95.321 |
137.486 |
109.154 |
|
(c)
Trade receivables |
52.049 |
57.392 |
46.070 |
|
(d)
Cash and cash equivalents |
0.556 |
1.348 |
1.928 |
|
(e)
Short-term loans and advances |
20.505 |
7.762 |
10.575 |
|
(f)
Other current assets |
1.535 |
0.965 |
0.219 |
|
Total
Current Assets |
169.966 |
204.953 |
167.946 |
|
|
|
|
|
|
TOTAL |
273.861 |
310.559 |
268.923 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
TOTAL |
483.418 |
461.639 |
426.946 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL |
470.239 |
448.562 |
414.671 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
13.179 |
13.077 |
12.275 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
4.353 |
4.236 |
4.030 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
8.826 |
8.841 |
8.245 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export Earnings |
5.099 |
0.000 |
0.000 |
|
|
TOTAL EARNINGS |
5.099 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Earnings Per Share
(Rs.) |
41.29 |
41.36 |
5.79 |
|
|
PARTICULARS |
|
|
31.03.2015 |
|
Sales Turnover (Approximately) |
|
|
600.000 |
|
|
|
|
|
The above information has been parted by Mr. Kush Anand (Director)
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current
Maturities of Long term debt |
|
|
|
|
H.D.F.C Bank Limited |
8.941 |
10.095 |
6.165 |
|
Total |
8.941 |
10.095 |
6.165 |
|
|
|
|
|
|
Cash Generated from Operations |
NA |
NA |
NA |
|
|
|
|
|
|
Net Cash Flow from used in Operations |
NA |
NA |
NA |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.85 |
4.23 |
4.58 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.27 |
0.33 |
0.38 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
3.55 |
5.71 |
5.87 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.36 |
1.91 |
2.18 |
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 |
14.250 |
21.375 |
21.375 |
|
Reserves & Surplus |
18.119 |
18.556 |
27.323 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
32.369 |
39.931 |
48.698 |
|
|
|
|
|
|
Long-term borrowings |
152.992 |
156.179 |
92.596 |
|
Short term borrowings |
31.005 |
61.827 |
71.227 |
|
CURRENT MATURITIES OF
LONG-TERM DEBTS |
6.165 |
10.095 |
8.941 |
|
Total
borrowings |
190.162 |
228.101 |
172.764 |
|
Debt/Equity
ratio |
5.875 |
5.712 |
3.548 |
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 |
426.946 |
461.639 |
483.418 |
|
|
|
8.126 |
4.718 |
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 |
426.946 |
461.639 |
483.418 |
|
Profit |
8.245 |
8.841 |
8.826 |
|
|
1.93% |
1.92% |
1.83% |
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 |
Yes |
|
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 |
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) |
Yes |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
Yes |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
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 |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE CREATION/MODIFICATION |
CHARGE AMOUNT SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST NUMBER (SRN) |
|
1 |
10200082 |
26/10/2012 * |
214,675,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI
BAPAT MARG, LOWER PAREL W |
B61507752 |
|
2 |
10199621 |
26/10/2012 * |
111,375,000.00 |
HDFC BANK LIMITED |
HDFC BANK
HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B61725636 |
|
3 |
90059469 |
21/07/2003 * |
1,000,000.00 |
STATE BANK OF INDIA |
G.T. ROAD, BAHALGARH, HARYANA, INDIA |
- |
|
* Date of charge modification |
||
|
|
||
UNSECURED LOANS
|
PARTICULARS |
31.03.2014 (Rs.
In Million) |
31.03.2013 (Rs.
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
From related parties |
50.134 |
86.020 |
|
From Others |
32.018 |
53.116 |
|
|
|
|
|
Total |
82.152 |
139.136 |
OPERATION RESULTS
During the year, the sales of the company (including other income) increased by 4.72% as compared to last year. Whereas profit before tax, increased by 0.79% and profit after tax decreased by 0.16% as compared to last year. A sum of Rs. 0.500 Million has been transferred to General Reserve out of profits. Thes directors feel confident about the future prospects of the company.
CONTINGENT
LIABILITIES:
|
Particulars |
31.03.2014 (Rs.
In Million) |
31.03.2013 (Rs.
In Million) |
|
|
|
|
|
Guarantees
to Bank against credit facility extended to Director |
144.000 |
144.000 |
|
|
|
|
|
Total |
144.000 |
144.000 |
FIXED ASSETS:
Tangible Assets
· Water Cooler
· Transformer
· Monoblack Pump
· Tube Well
· Water Sifting Plant
· Car
· Photo State Machine
· Weighing Scale
· Water Tank
· Computer
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. 65.15 |
|
|
1 |
Rs. 99.36 |
|
Euro |
1 |
Rs. 71.25 |
INFORMATION DETAILS
|
Information
Gathered by : |
PPT |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
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 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
41 |
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.