MIRA INFORM REPORT
|
Report No. : |
340762 |
|
Report Date : |
16.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
UNIPARTS INDIA LIMITED |
|
|
|
|
Registered
Office : |
Gripwel Houseblock-5, C6 7 Vasant Kunj, New Delhi - 110070 |
|
Tel. No.: |
91-11-26137979 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
26.09.1994 |
|
|
|
|
Com. Reg. No.: |
55-061753 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.220.533 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1994PLC061753 |
|
|
|
|
IEC No.: |
0599060182 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACU0454D |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of Engineered Systems and Solutions. |
|
|
|
|
No. of Employees
: |
Information declined by the management
|
RATING & COMMENTS
|
MIRA’s Rating : |
A (66) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
USD 5500000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well- build company, incorporated during the year 1994. It has a fine track record. For the financial year 2014, the company possesses healthy operational activity marked by a top line growth of 3.3%. It has registered decent sales turnover along with profitability margin of 2.1%. The company has strong financial risk profile marked by adequate net worth position along with favourable gap between trade payables and receivables. Further, it has vast business operations and experienced promoters. Trade relations are reported as trusted. Business is active. Payment terms are regular. In view of healthy financial risk profile and vast business operations 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
|
Rating Agency Name |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
Date |
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 DECLINED
MANAGEMENT NON CO-OPERATIVE (91-11-26137979)
LOCATIONS
|
Registered Office : |
Gripwel Houseblock-5, C6 7 Vasant Kunj, New Delhi –
110070, India |
|
Tel. No. : |
91-11-26137979 |
|
Fax No. : |
91-11-26138181/ 26133195 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Manufacturing Plant : |
B208, A1 and A2, Phase II, Sector 81 Noida -201305, Uttar Pradesh,
India |
|
Tel. No.: |
91-120-4581400 |
|
|
|
|
Head Office : |
Ground Floor, SB
Tower, Plot 1A/1, Sector 16 A Noida – 201301, Uttar Pradesh, India |
|
Tel No.: |
91-120-4581400 |
|
Fax No.: |
91-120-4581499 |
|
Email : |
DIRECTORS
AS ON 20.09.2014
|
Name : |
Mr. Gurdeep Soni |
|
Designation : |
Managaing Director |
|
Address : |
Sil Veroak Estate, # 142, Mall Road Kishengarh, Vasant Kunj – 110070,
New Delhi, India |
|
Date of Birth/Age : |
18.03.1955 |
|
Date of Appointment : |
26.09.1994 |
|
PAN No.: |
AAUPS8519C |
|
DIN No. : |
00011478 |
|
Election Commission
Identity Card No. (if issued): |
UBV0335539 |
|
|
|
|
Name : |
Mr. Paramjit Singh Soni |
|
Designation : |
Director |
|
Address : |
GKP Farms, #43, Mall Road, Kishengarh, Vasant Kunj, New Delhi –
110070, India |
|
Date of Birth/Age : |
09.10.1960 |
|
Date of Appointment : |
26.09.1994 |
|
PAN No.: |
ABAPS1632H |
|
DIN No. : |
00011616 |
|
|
|
|
Name : |
Shradha Suri |
|
Designation : |
Director |
|
Address : |
E-7, Panchsheel Park, New Delhi - 110017, India |
|
Date of Birth/Age : |
22.03.1978 |
|
Date of Appointment : |
23.08.2014 |
|
DIN No.: |
00176902 |
|
|
|
|
Name : |
M R Umarji |
|
Designation : |
Director |
|
Address : |
B-702, Pataliputra Co-Operative Hosuing Society, 4
Bunglows, Near Kamdhenu Shop, Andheri (West), Mumbai - 400053, Maharashtra,
India |
|
Date of Birth/Age : |
05.11.1941 |
|
Date of Appointment : |
07.01.2014 |
|
Election Commission
Identity Card No. (if issued): |
ACC2054435 |
|
DIN No.: |
00307435 |
|
|
|
|
Name : |
Mr. Alok Nagory |
|
Designation : |
Director |
|
Address : |
7/197 Moti Sadan, Swarup Nagar, Kanpur - 208002, Uttar
Pradesh, India |
|
Date of Birth/Age : |
16.12.1955 |
|
Date of Appointment : |
23.08.2014 |
|
DIN No.: |
00478140 |
|
|
|
|
Name : |
Herbert Coenen |
|
Designation : |
Director |
|
Address : |
Vinxeler Str. 74, Koenigswinter, 53639, Germany |
|
Date of Birth/Age : |
07.09.1961 |
|
Date of Appointment : |
12.01.2013 |
|
DIN No.: |
00916001 |
|
|
|
|
Name : |
Mr. Sharat Krishan Mathur |
|
Designation : |
Director |
|
Address : |
E-323 First Floor, Greater Kailash-I, Delhi - 110048,
India |
|
Date of Birth/Age : |
27.04.1957 |
|
Date of Appointment : |
29.11.2013 |
|
DIN No.: |
01217742 |
|
|
|
|
Name : |
Mr. Ashish Kumar Agarwal |
|
Designation : |
Nominee director |
|
Address : |
Flat No. 402, 4th Floor, 'B' Wing, Vivarea Building, M A
Road, Jacob Circle, Mumbai - 400011, Maharashtra, India |
|
Date of Birth/Age : |
06.03.1972 |
|
Date of Appointment : |
18.09.2007 |
|
DIN No.: |
00139386 |
KEY EXECUTIVES
|
Name : |
Mr. Sanjiv Kashyap |
|
Designation : |
Chief Finance Officer |
|
Address : |
C-121, Sarita Vihar, New Delhi - 110076, India |
|
Date of Birth/Age : |
22.03.1965 |
|
Date of Appointment : |
05.04.2014 |
|
PAN No: |
AGDPK8529P |
|
|
|
|
Name : |
Mr. Lalit Khanna |
|
Designation : |
Secretary |
|
Address : |
A-88, Radhey Shyam Park Extention, Near Jagat Puri Police
Station, Delhi - 110051, India |
|
Date of Birth/Age : |
22.03.1977 |
|
Date of Appointment : |
05.04.2014 |
|
PAN No: |
AIHPK4070B |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 20.09.2014
|
Names of Shareholders |
|
No. of Shares |
|
Gurdeep Soni |
|
14955570 |
|
Paramjit Singh Soni |
|
6595090 |
|
Pamela Soni |
|
1979520 |
|
Angad Soni |
|
50000 |
|
Arjun Soni |
|
10000 |
|
Karan Soni |
|
5200000 |
|
Meher Soni |
|
5200000 |
|
Ambadevi Mauritius Holding Limited, India |
|
2154192 |
|
Ashoka Investments Holdings Limited, India |
|
7180642 |
|
Sanjay Verma, Sanjiv Kashyap And Rini Kalra (Trustees Of Uniparts Esop Trust) |
|
1027200 |
|
Hapreet Singh Khurana |
|
24000 |
|
Andrew Warren Code |
|
177378 |
|
James Norman Hallene |
|
177378 |
|
Kevin John Code |
|
177378 |
|
Dennis Francis Dedecker |
|
57420 |
|
Mark Louis Dawson |
|
20870 |
|
Melvin Keith Gibbs |
|
41730 |
|
Marc Christopher Dorau |
|
7710 |
|
Bradley Lorenz Miller |
|
16366 |
|
Walter James Gruber |
|
24706 |
|
Mary Louise Arp |
|
10440 |
|
Diana Lynn Craig |
|
8340 |
|
Wendy Reichard Hammen |
|
21556 |
|
Craig A Johnson |
|
5010 |
|
Misty Marie Richardson |
|
826 |
|
Rini Kalra |
|
10436 |
|
|
|
|
|
Total |
|
45133758 |
Equity Share Break up (Percentage of Total Equity)
AS ON 20.09.2014
|
Category |
Percentage |
|
Foreign holdings( Foreign institutional investor(s),
Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s)
or Overseas Corporate bodies or Others |
22.34 |
|
Directors or relatives of Directors |
75.31 |
|
Other top fifty shareholders |
2.35 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Engineered Systems and Solutions. |
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Products : |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management
|
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Bankers : |
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Facilities : |
(Rs.
In Million)
|
|
Auditors : |
|
|
Name : |
S. C. Varma and Company Chartered Accountants |
|
Address : |
A-60, NDSE, Part-I, New Delhi - 110049, India |
|
PAN
No.: |
AACFS1889H |
|
Tel
No.: |
91-11-24648247, 24649845, 24638170 |
|
Fax
No.: |
91-11-24649330 |
|
Email : |
|
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AACFS1889H |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Subsidiary company: |
|
|
|
|
|
Associate: |
|
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
60000000 |
Equity Shares |
Rs.10/- each |
Rs. 600.000 Million |
|
|
|
|
|
Issued Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
45133758 |
Equity Shares |
Rs.10/- each |
Rs. 451.338
Million |
|
|
|
|
|
Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
22566879 |
Equity Shares |
Rs.10/- each |
Rs. 225.669
Million |
|
|
Calls Unpaid |
|
Rs. 5.136
Million |
|
|
|
|
|
|
|
Total |
|
Rs.220.533 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 |
220.533 |
220.533 |
220.428 |
|
(b) Reserves & Surplus |
1712.710 |
1646.775 |
1567.863 |
|
(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) |
1933.243 |
1867.308 |
1788.291 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
309.231 |
157.305 |
90.747 |
|
(b) Deferred tax liabilities
(Net) |
128.429 |
83.153 |
51.681 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
38.419 |
37.885 |
50.121 |
|
Total
Non-current Liabilities (3) |
476.079 |
278.343 |
192.549 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
831.491 |
970.307 |
1045.353 |
|
(b) Trade payables |
261.838 |
151.178 |
135.702 |
|
(c) Other current liabilities |
348.592 |
374.822 |
530.246 |
|
(d) Short-term provisions |
53.301 |
38.384 |
20.632 |
|
Total
Current Liabilities (4) |
1495.222 |
1534.691 |
1731.933 |
|
|
|
|
|
|
TOTAL |
3904.544 |
3680.342 |
3712.773 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
1453.359 |
1266.261 |
1291.316 |
|
(ii) Intangible Assets |
37.948 |
14.408 |
19.978 |
|
(iii) Capital work-in-progress |
20.146 |
21.014 |
14.475 |
|
(iv) Intangible assets under
development |
3.230 |
37.208 |
8.310 |
|
(b) Non-current Investments |
502.636 |
502.636 |
520.401 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
152.611 |
143.207 |
83.280 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.319 |
|
Total
Non-Current Assets |
2169.930 |
1984.734 |
1938.079 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
794.279 |
786.129 |
803.084 |
|
(c) Trade receivables |
728.768 |
728.995 |
791.970 |
|
(d) Cash and cash equivalents |
28.478 |
27.660 |
39.117 |
|
(e) Short-term loans and
advances |
105.846 |
97.531 |
93.949 |
|
(f) Other current assets |
77.243 |
55.293 |
46.574 |
|
Total
Current Assets |
1734.614 |
1695.608 |
1774.694 |
|
|
|
|
|
|
TOTAL |
3904.544 |
3680.342 |
3712.773 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
4219.989 |
4082.056 |
4533.063 |
|
|
Other Income |
17.069 |
39.366 |
26.692 |
|
|
TOTAL
(A) |
4237.058 |
4121.422 |
4559.755 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
1794.664 |
1782.677 |
1980.734 |
|
|
Purchases of Stock-in-Trade |
38.028 |
115.364 |
315.544 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
28.040 |
12.376 |
124.935 |
|
|
Employees benefits expense |
647.283 |
589.462 |
544.474 |
|
|
Other expenses |
1342.834 |
1325.101 |
1317.783 |
|
|
Prior period items |
0.035 |
22.883 |
(0.033) |
|
|
Exceptional items |
0.000 |
17.765 |
0.000 |
|
|
TOTAL
(B) |
3850.884 |
3865.628 |
4283.437 |
|
|
|
|
|
|
|
Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (C) |
386.174 |
255.794 |
276.318 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
107.521 |
90.254 |
138.419 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
278.653 |
165.540 |
137.899 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION (F) |
120.043 |
109.571 |
105.303 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX (E-F) (G) |
158.610 |
55.969 |
32.596 |
|
|
|
|
|
|
|
Less |
TAX (H) |
67.943 |
(11.854) |
16.435 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX (G-H) (I) |
90.667 |
67.823 |
16.161 |
|
|
|
|
|
|
|
|
APPROPRIATIONS |
|
|
|
|
|
Proposed Dividend |
22.570 |
11.280 |
0.000 |
|
|
Proposed Tax on Dividend |
3.830 |
1.920 |
0.000 |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
|
|
|
|
Basic |
4.11 |
3.08 |
0.73 |
|
|
Diluted |
4.02 |
3.01 |
0.72 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
92.545 |
110.739 |
109.358 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
326.223 |
66.462 |
593.486 |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT / Sales) |
(%) |
2.15 |
1.66 |
0.36 |
|
|
|
|
|
|
|
Operating Profit Margin (PBIDT/Sales) |
(%) |
9.15 |
6.27 |
6.10 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.69 |
1.79 |
1.03 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.08 |
0.03 |
0.02 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.64 |
0.66 |
0.70 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.16 |
1.10 |
1.02 |
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 |
220.428 |
220.533 |
220.533 |
|
Reserves & Surplus |
1567.863 |
1646.775 |
1712.710 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
1788.291 |
1867.308 |
1933.243 |
|
|
|
|
|
|
long-term borrowings |
90.747 |
157.305 |
309.231 |
|
Short term borrowings |
1045.353 |
970.307 |
831.491 |
|
Current maturities of
long-term debts |
109.358 |
110.739 |
92.545 |
|
Total
borrowings |
1245.458 |
1238.351 |
1233.267 |
|
Debt/Equity
ratio |
0.696 |
0.663 |
0.638 |
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 |
4533.063 |
4082.056 |
4219.989 |
|
|
|
-9.949 |
3.379 |
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 |
4533.063 |
4082.056 |
4219.989 |
|
Profit |
16.161 |
67.823 |
90.667 |
|
|
0.36% |
1.66% |
2.15% |
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 |
Yes |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
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 |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
FINANCIAL RESULTS AND
PERFORMANCE REVIEW
The Revenue from Operations (net) for the year stood at 4,219.980 million in 2013-14 which is 3.37% higher than previous year’s turnover of 4082.050 million in 2012-13. The Operating Profit (EBITDA) of 386.170 million in 2013-14 has increased by 36.10% as against the previous year figures of 283.740 million in FY2012-13.The Company posted Profit after Tax (PAT) of 90.660 million in 2013-14 as against Profit after Tax of 67.820 million in the previous year.
During the FY 2013-14, the Domestic Sales of the Company increased to 1482.430 million from 1,352.150 million an year earlier whereas the Export Sales increased to 2701.770 million from 2689.770 million during the same period:
UNSECURED LOAN
(Rs.
In Million)
|
Particulars |
As
on 31.03.2014 |
As
on 31.03.2013 |
|
LONG TERM
BORROWING |
|
|
|
Rupee term loans from banks |
42.778 |
94.111 |
|
Loans and advances from related parties |
0.000 |
55.450 |
|
Total |
42.778 |
149.561 |
INDEX
OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10529946 |
17/10/2014 |
2,481,280.00 |
KOTAK MAHINDRA PRIME LIMITED |
27BKC, C 27, G BLOCK, BANDRA KURLA COMPLEX, BANDR |
C32806218 |
|
2 |
10520983 |
14/07/2015 * |
300,000,000.00 |
DBS BANK LTD. |
CAPITAL POINT, BABA KHARAK SINGH MARG, CONNAUGHT |
C60945821 |
|
3 |
10527547 |
19/08/2014 |
2,700,000.00 |
KOTAK MAHINDRA PRIME LIMITED |
27BKC, C 27, G BLOCK, BANDRA KURLA COMPLEX, BANDR |
C31006232 |
|
4 |
10450956 |
12/02/2015 * |
375,000,000.00 |
INDUSIND BANK LTD. |
DR. GOPAL DAS BUILDING, 28, BARAKHAMBA ROAD, NEW |
C44574077 |
|
5 |
10127766 |
29/10/2014 * |
350,000,000.00 |
ING VYSYA BANK LIMITED |
NARIAN MANZIL,GROUND FLOOR,SHOP NO. G1 TO G5,, I |
C31705502 |
|
6 |
10030320 |
05/09/2013 * |
300,000,000.00 |
KOTAK MAHINDRA BANK LIMITED |
AMBADEEP BUILDING, 14, KASTURBA GANDHI MARG, NEW |
B87006193 |
|
7 |
90037967 |
05/09/2013 * |
407,500,000.00 |
CITIBANK N.A |
JEEVAN BHARTI BUILDING, 4TH FLOOR, 124, CONNAUGHT |
B83986737 |
* Date of charge modification
FIXED ASSETS
Tangible assets
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipments
- Other equipments
- Leasehold improvements
Intangible assets
- Computer software
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service, Interpol,
etc.
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No exist to suggest that subject is or was
the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No available
information exist that suggest that subject or any of its principals have been
formally charged or convicted by a competent governmental authority for any
financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms and
conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.44 |
|
UK Pound |
1 |
Rs.102.41 |
|
Euro |
1 |
Rs.75.05 |
INFORMATION DETAILS
|
Information Gathered
by : |
PRT |
|
|
|
|
Analysis Done by
: |
TRI |
|
|
|
|
Report Prepared
by : |
KVT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
7 |
|
PAID-UP CAPITAL |
1~10 |
7 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL
CONDITION |
|
-- |
|
--BUSINESS SCALE |
1~10 |
7 |
|
--PROFITABILITY |
1~10 |
8 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
7 |
|
--RESERVES |
1~10 |
8 |
|
--CREDIT LINES |
1~10 |
8 |
|
--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 |
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 |
|
66 |
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.