MIRA INFORM REPORT
|
Report No. : |
339231 |
|
Report Date : |
05.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
ALCATEL-LUCENT INDIA LIMITED (w.e.f. 26.04.2007) |
|
|
|
|
Formerly Known
As : |
ALCATEL SOUTH ASIA LIMITED (w.e.f. 03.02.2006) ALCATEL INDIA LIMITED (w.e.f. 11.09.2000) ALCATEL NETWORK SYSTEMS INDIA LIMITED ALCATEL MODI NETWORK SYSTEMS LIMITED |
|
|
|
|
Registered
Office : |
202 - 206 Tolstoy House, 15, Tolstoy Marg, New Delhi -110001 |
|
Tel. No.: |
91-124-4159999 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
05.03.1992 |
|
|
|
|
Com. Reg. No.: |
55-047870 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 2120.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72200DL1992PLC047870 |
|
|
|
|
IEC No.: |
0592008347 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAHCA1341C |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
The
Company is engaged, inter alia, in the business of manufacturer, marketing,
supply and installation of digital switching equipment and related software, cellular
exchange/transmission equipment and provides related services; intelligent
network and broadband solutions. |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
Aa (73) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Payment Behaviour : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a subsidiary of Alcatel-Lucent International Holding Inc., United States, which is a fortune 500 company, which is among the most valuable telecoms infrastructure brands over the world. Rating tales into consideration decent financial risk profile of the company marked by strong networth base and overall decent capital structure of the company. Further, company has reported growth in its sales turnover in FY14 and reported profit against previous year loss. Net profit margin seems to be fair in the year under consideration. Trade relations are fair. Business is active. Payment terms are reported to be regular and as per commitment. In view of strong managerial and technical support from its parent along with decent financial condition, the subject can be considered normal for business dealings with 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 DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2013.
INFORMATION DECLINED BY
|
Name : |
Mr. Sanjay Chawla |
|
Designation : |
Finance Department |
|
Contact No.: |
91-124-4159999 |
|
Date : |
02.09.2015 |
LOCATIONS
|
Registered Office : |
202 - 206 Tolstoy House, 15, Tolstoy Marg, New Delhi -110001, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
14th and 15th Floor, Tower C DLF Cyber Green, DLF
City, Gurgaon – 122001, Haryana, India
|
|
Tel. No.: |
91-124-4159999 |
|
Fax No.: |
91-124-4114307 |
|
|
|
|
Branch Offices : |
Located at: · Bangalore · Mumbai, · Chennai |
DIRECTORS
AS ON 28.11.2014
|
Name : |
Mr. Sandeep Gulati |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Whole-time director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
H-44, Ground Floor, Residency Greens, Green Wood City,Sector-46,
Gurgaon-122003, Haryana, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
23.03.2015 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
07128801 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Hitesh Mehra |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Additional Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
117 Sector 37, Chhalaira Bangar, Gautam Budh Nagar, Noida-201303,
Uttar Pradesh, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
14.08.2015 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
07000636 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Srinivasan Sundararajan |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Additional Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
Apartment No.-D-701,Block D,Seventh Floor, The Palm Springs,
Gurgaon-122003, Haryana, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
18.06.1958 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
28.11.2014 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
06870367 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Hitesh Mehra |
|
Designation : |
Secretary |
|
Address : |
1117,, Sector-37, Noida-201303, Uttar Pradesh, India |
|
Date of Birth/Age : |
03.09.1972 |
|
Date of Appointment : |
29.01.2014 |
|
PAN No.: |
AJMPM6860H |
|
|
|
|
Name : |
Mr. Sanjay Chawla |
|
Designation : |
Finance Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 28.11.2014
NOTE: SHAREHOLDING DETAILS FILE ATTACHED
AS ON 28.11.2014
|
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] |
99.82 |
|
Bodies
corporate |
0.15 |
|
Other
top fifty shareholders |
0.03 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The
Company is engaged, inter alia, in the business of manufacturer, marketing, supply
and installation of digital switching equipment and related software,
cellular exchange/transmission equipment and provides related services;
intelligent network and broadband solutions. |
||||
|
|
|
||||
|
Products : |
|
||||
|
|
|
||||
|
Brand Names : |
-- |
||||
|
|
|
||||
|
Agencies Held : |
-- |
||||
|
|
|
||||
|
Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
Not Divulged |
||||
|
|
|
||||
|
Terms : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
Not Divulged |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
S.R.
Batliboi and Associates, LLP Chartered Accountants |
|
Address : |
Golf View, Corporate Tower
B, Sector 42, Sector Road, Gurgaon-122002, Haryana, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AABFS3421N |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Holding Company : |
Alcatel-Lucent
International Holding Inc. USA |
|
|
|
|
Subsidiary Company : |
·
Alcatel-Lucent managed Solutions India
Private Limited, India
(U64203MH2008PTC182748) · Alcatel-Lucent Network Management Services India Limited |
|
|
|
|
Fellow Subsidiary Company : |
·
Alcatel-lucent USA INC, United States ·
Alacatel-lucent, France ·
Alcatel-lucent Shanghai Bell Company
Limited, China ·
Alcatel-lucent International, France ·
Alcatel-lucent Italia S.P.A, Italy ·
RFS India Telecom Private Limited, india
(U74999DL2007PTC159895) ·
Alcatel-lucent Canada Inc ·
Alcatel-lucent Enterprises S.A |
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
886000000 |
Equity Shares |
Rs. 10/- each |
Rs. 8860.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
212008241 |
Equity Shares |
Rs. 10/- each |
Rs. 2120.082
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 |
2120.100 |
2120.100 |
2120.100 |
|
(b) Reserves & Surplus |
5552.700 |
5305.500 |
5487.500 |
|
(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) |
7672.800 |
7425.600 |
7607.600 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
3.100 |
819.200 |
322.500 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c)
Other long term liabilities |
0.000 |
477.000 |
337.100 |
|
(d)
long-term provisions |
12.700 |
16.500 |
29.300 |
|
Total
Non-current Liabilities (3) |
15.800 |
1312.700 |
688.900 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b)
Trade payables |
5027.000 |
5945.100 |
8699.500 |
|
(c)
Other current liabilities |
3709.500 |
1797.600 |
2414.700 |
|
(d)
Short-term provisions |
2174.300 |
2073.700 |
1618.200 |
|
Total
Current Liabilities (4) |
10910.800 |
9816.400 |
12732.400 |
|
|
|
|
|
|
TOTAL |
18599.400 |
18554.700 |
21028.900 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
1639.600 |
1847.500 |
1912.000 |
|
(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 |
686.200 |
686.200 |
256.300 |
|
(c) Deferred tax assets
(net) |
79.800 |
79.800 |
79.800 |
|
(d) Long-term Loan
and Advances |
1666.800 |
2100.400 |
2384.600 |
|
(e)
Other Non-current assets |
3554.300 |
3586.200 |
2320.300 |
|
Total
Non-Current Assets |
7626.700 |
8300.100 |
6953.000 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
1504.600 |
1324.600 |
189.800 |
|
(c)
Trade receivables |
5873.400 |
6672.000 |
9794.900 |
|
(d)
Cash and cash equivalents |
237.300 |
204.000 |
944.900 |
|
(e)
Short-term loans and advances |
565.500 |
633.600 |
1506.000 |
|
(f)
Other current assets |
2791.900 |
1420.400 |
1640.300 |
|
Total
Current Assets |
10972.700 |
10254.600 |
14075.900 |
|
|
|
|
|
|
TOTAL |
18599.400 |
18554.700 |
21028.900 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
12423.900 |
11846.800 |
13384.100 |
|
|
|
Other Income |
85.000 |
450.300 |
494.800 |
|
|
|
TOTAL (A) |
12508.900 |
12297.100 |
13878.900 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
27.000 |
30.400 |
60.500 |
|
|
|
Purchases of Stock-in-Trade |
1758.600 |
1167.100 |
1944.700 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
0.000 |
0.000 |
0.000 |
|
|
|
Employees benefits expense |
4966.300 |
5228.600 |
5602.300 |
|
|
|
Other expenses |
3910.400 |
3781.900 |
4531.700 |
|
|
|
TOTAL (B) |
10662.300 |
10208.000 |
12139.200 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
1846.600 |
2089.100 |
1739.700 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
54.800 |
78.400 |
96.300 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
1791.800 |
2010.700 |
1643.400 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
1155.700 |
949.900 |
898.600 |
|
|
|
|
|
|
|
|
|
|
EXTRA ORDINARY
ITEMS |
0.000 |
(801.200) |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
636.100 |
259.600 |
744.800 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
388.800 |
441.600 |
(249.900) |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
247.300 |
(182.000) |
994.700 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export Earnings |
9667.000 |
9129.000 |
NA |
|
|
TOTAL EARNINGS |
9667.000 |
9129.000 |
NA |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
CIF
value of imports |
1174.000 |
2118.000 |
NA |
|
|
TOTAL IMPORTS |
1174.000 |
2118.000 |
NA |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
|
|
|
|
|
|
Basic |
1.17 |
(0.86) |
4.69 |
|
|
|
Diluted |
1.17 |
2.92 |
4.69 |
|
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
971.200 |
0.000 |
NA |
|
|
|
|
|
|
Cash Generated from Operations |
NA |
NA |
NA |
|
|
|
|
|
|
Net Cash Flow from (used in) Operations |
1308.300 |
822.500 |
(145.900) |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT / Sales) |
(%) |
1.99 |
(1.54) |
7.43 |
|
|
|
|
|
|
|
Operating Profit Margin (PBDIT/Sales) |
(%) |
14.86 |
17.63 |
13.00 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.57 |
5.96 |
3.60 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.08 |
0.14 |
0.10 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.13 |
0.11 |
0.04 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.01 |
1.04 |
1.11 |
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 |
2120.100 |
2120.100 |
2120.100 |
|
Reserves & Surplus |
5487.500 |
5305.500 |
5552.700 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
7607.600 |
7425.600 |
7672.800 |
|
|
|
|
|
|
Long-term borrowings |
322.500 |
819.200 |
3.100 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
322.500 |
819.200 |
974.300 |
|
Debt/Equity
ratio |
0.042 |
0.110 |
0.127 |
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) |
|
Sales |
13384.100 |
11846.800 |
12423.900 |
|
|
|
(11.486) |
4.871 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
13384.100 |
11846.800 |
12423.900 |
|
Profit |
994.700 |
(182.000) |
247.300 |
|
|
7.43% |
(1.54%) |
1.99% |
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) |
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 |
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 |
No |
|
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 |
80023074 |
24/01/2007 * |
1,950,000,000.00 |
SOCIETE GENERALE |
6TH FLOOR, MOHAN DEV,,
13 TOLSTOY MARG, DELHI, DE |
- |
|
2 |
90053303 |
06/04/1998 |
600,000,000.00 |
AMERICAN EXPRESS BANK LTD. |
HAMILTON HOUSE,
A-BLOCK; CONNAUGHT PLACE, NEW DEL |
- |
|
3 |
90053130 |
17/07/1997 |
180,000,000.00 |
STANDARD CHARTERED BANK |
17; SANSAD MARG, NEW DELHI, DELHI, INDIA |
- |
|
4 |
90053005 |
16/11/1998 * |
250,000,000.00 |
BANQUE NATIONALS DE PARIS |
15; BARAKHAMBA ROAD, NEW DELHI, DELHI, INDIA |
- |
|
5 |
90052839 |
21/12/1995 |
110,000,000.00 |
CREDIT LYONNSIA |
603-609; 6TH FLOOR,
MERCANTILE HOUSE; 15; K . G. |
- |
|
6 |
90052760 |
28/04/1995 |
100,000,000.00 |
STANDARD CHARTERED BANK |
PARLIAMENT STREET, NEW DELHI, DELHI, INDIA |
- |
|
7 |
90052757 |
17/03/1997 * |
100,000,000.00 |
STANDARD CHARTERED BANK |
PARLIAMENT STREET, NEW DELHI, DELHI, INDIA |
- |
|
8 |
90052689 |
29/11/1994 |
50,000,000.00 |
SOCIETE GENERALE |
6TH FLOOR; MOHAN
DEV, 13 TOLSTOY MARG, NEW DELHI, |
- |
|
9 |
90052612 |
31/03/1994 |
50,000,000.00 |
SOCIETE GENERALE |
6TH FLOOR; MOHAN
DEV, 13 TOLSTOY MARG, NEW DELHI, |
- |
|
10 |
90052590 |
27/04/1994 * |
300,000,000.00 |
SOCIETE GENERALE |
6TH FLOOR; MOHAN
DEV, 13 TOLSTOY MARG, NEW DELHI, |
- |
* Date of charge modification
UNSECURED LOANS
|
PARTICULARS |
31.03.2014 (Rs.
In Million) |
31.03.2013 (Rs.
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
Term loans from others |
0.000 |
812.700 |
|
|
|
|
|
Total |
0.000 |
812.700 |
CORPORATE INFORMATION:
Alcatel-Lucent India
Limited ('the Company' or ?ALIL?) was jointly promoted by Alcatel-Lucent, France
(formerly known as Alcatel CIT, France) and the Modi Group in India. The
Company was incorporated as a public limited Company in India on March 5, 1992.
On June 8, 1999, Alcatel-Lucent, France acquired a significant percentage of
the shareholding of the Modi Group, increasing its shareholding in the Company,
effectively making the Company nearly a wholly owned subsidiary of
Alcatel-Lucent, France. Consequently, the name of the Company was changed from
Alcatel Modi Network Systems Limited to Alcatel Network Systems India Limited
to Alcatel India Limited and to Alcatel South Asia Limited.
The Company is engaged,
inter alia, in the business of manufacturing, marketing, supply and
installation of digital switching equipment and related software, cellular
exchange/transmission equipment and provides related services; intelligent
network and broadband solutions. The Companys research and development unit
comprising three dedicated software development facilities located at Chennai,
Gurgaon and Bangalore, provides software development services comprising the
wireless network group, multi service switching group, broadband access
software group etc. to Alcatel-Lucent group companies at an agreed mark-up on
costs. The Company has registered these facilities under Software Technologies
Park of India (STPI), Ministry of Information Technology, Government of India
as 100 per cent export oriented units.
CHANGE OF ADDRESS:
The Registered Office of the company has been shifted from 5 Sikandra
Road 1st Floor, New Delhi-11001, India to the present address w.e.f
06.11.2007
FIXED ASSETS:
Tangible Assets
·
Land
·
Buildings
·
Plant and Equipment
·
Furniture and Fixtures
·
Vehicles
·
Office Equipment
·
Computer Equipments
· Leasehold Improvements
·
Other Equipments
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. 66.40 |
|
|
1 |
Rs. 101.19 |
|
Euro |
1 |
Rs. 73.89 |
INFORMATION DETAILS
|
Information
Gathered by : |
DIP |
|
|
|
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
IND |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
9 |
|
PAID-UP CAPITAL |
1~10 |
8 |
|
OPERATING SCALE |
1~10 |
8 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
9 |
|
--PROFITABILIRY |
1~10 |
7 |
|
--LIQUIDITY |
1~10 |
8 |
|
--LEVERAGE |
1~10 |
8 |
|
--RESERVES |
1~10 |
8 |
|
--CREDIT LINES |
1~10 |
8 |
|
--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 |
|
73 |
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.