|
|
|
MIRA INFORM REPORT
|
Report No. : |
501773 |
|
Report Date : |
03.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
VIRGO INDUSTRIES |
|
|
|
|
Registered
Office : |
D-117, Okhla Industrial Area, Phase 1, New Delhi-110020 |
|
Tel No.: |
91-11-47422222 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Establishment : |
20.01.2004 |
|
|
|
|
Capital
Investment : |
INR 1037.091 Million |
|
|
|
|
IEC No.: |
2204003778 |
|
|
|
|
TIN No.: |
Not Divulged |
|
|
|
|
GST No.: |
02AAEFV9154A2ZH |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAEFV9154A |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Manufacturer of Decorative Laminates, Plywood Products, Foil Stock and
Coils and Aluminium Sheets and Plates.
[Confirmed by Management] |
|
|
|
|
No. of Employees
: |
100 [Approximately] |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A+ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Maximum Credit Limit : |
USD 2963000 [INR 192669075.00] |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject
is a partnership firm established in the year 2004 and it is a manufacturer of
decorative lamination, plywood products, foil stock and coils and aluminium
sheets and plates. As per
financials of March 2017, the subject has registered decline in its sales
turnover as compared to its previous year’s sales turnover and has reported good
profit margin of 12.89%. Rating
takes into consideration the subject’s established track record of business
operations marked by healthy capital base along with strong debt coverage
indicators and good liquidity position. Rating
also takes into account the extensive experience of its promoters and strong
brand with geographically diversified clientele. However,
ratings strength is partially offset by working capital intensive nature of
operations along with raw material price volatility and foreign exchange
fluctuation risk. Payment
terms seem to be regular. In view
of aforesaid, the subject can be considered good for business dealings at
usual trade terms and conditions. Note: Site visit report will be sent in supplementary. |
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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
|
Rating |
Long Term Rating = A- |
|
Rating Explanation |
Adequate degree of safety and low credit risk. |
|
Date |
05.01.2018 |
|
Rating Agency Name |
CARE |
|
Rating |
Short Term Rating = A2+ |
|
Rating Explanation |
Strong degree of safety and low credit risk. |
|
Date |
05.01.2018 |
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
31-03-2016.
BIFR (Board for Industrial & Financial Reconstruction) LISTING STATUS
Subject’s name is not listed as a Sick Unit in
the publicly available BIFR (Board for Industrial & Financial
Reconstruction) list as of 03.04.2018
IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS
Subject’s name is not listed in the publicly
available IBBI (Insolvency and Bankruptcy Board of India) list as of report
date.
INFORMATION PARTED BY
|
Name : |
Mr. Sandeep Negi |
|
Designation : |
Assistant Accounts Executive |
|
Contact No.: |
91-8826489222 |
|
Date : |
03.04.2018 |
LOCATIONS
|
Registered Office : |
D-117, Okhla Industrial Area, Phase-1, New Delhi – 110020, India |
|
Tel. No.: |
91-11-47422222 |
|
Mobile No.: |
91-8826489222 [Mr. Sandeep Negi] |
|
Fax No.: |
91-11-47422299 |
|
E-Mail : |
|
|
Location : |
Owned |
|
Locality : |
Industrial |
|
|
|
|
Factory 1 : |
Plot No.828, GF Ramdarbar Industrial Area, Phase-2, Chandigarh –
160002, India |
|
Tel. No.: |
91-172-4011111 |
|
|
|
|
Factory 2 : |
Village Rampur, Jattan Nahan Road, Sirmaur-173030, Himachal Pradesh,
India |
|
|
|
|
Branch Office : |
Municipal No. 5-5-61, Ground Floor, Darussalam Road, Hyderabad-500001,
Telangana, India |
PARTNERS
|
Name : |
Mr. Surinder Ram Parkash Pal |
|
Designation : |
Partner |
|
Address : |
#129, Sector 10, Panchkula, Haryana, India |
|
|
|
|
Name : |
Mr. Tilak Raj |
|
Designation : |
Partner |
|
Address : |
#129, Sector 10, Panchkula, Haryana, India |
|
|
|
|
Name : |
Mr. Bishambar Das Arora |
|
Designation : |
Partner |
|
|
|
|
Name : |
Mr. Praveen Kumar Arora |
|
Designation : |
Partner |
KEY EXECUTIVES
|
Name : |
Mr. Sandeep Negi |
|
Designation : |
Assistant Accounts Executive |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Decorative Laminates, Plywood Products, Foil Stock and
Coils and Aluminium Sheets and Plates. [Confirmed by Management] |
|
|
|
|
Products/ Services : |
· Decorative Laminates · Plywood Products · Foil Stock · Coils · Aluminium Sheets and Plates |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
|
|
Products : |
Finished Goods |
|
Countries : |
Singapore |
|
|
|
|
Imports : |
|
|
Products : |
Raw Material |
|
Countries : |
|
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit (30/ 60/ 90 Days) |
|
|
|
|
Purchasing : |
Cash and Credit (30/ 60/ 90 Days) |
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
End Users and OEMs
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No. of Employees : |
100 [Approximately] |
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Bankers : |
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Facilities : |
|
|
|
|
|
Auditors : |
|
|
Name : |
Nandwani and Associates Chartered Accountants |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS ON: 31.03.2017
|
PARTICULAR |
BALANCE [AS ON: 01.04.2016] |
ADD: ADDITIONS |
ADD: SALARY |
ADD INTEREST ON CAPITAL |
ADD/LESS: SHARE OF PROFIT/ LOSS |
LESS DRAWINGS |
BALANCE [AS ON : 31.03.2017] |
|
Surinder Pal |
240.486 |
4.965 |
1.200 |
|
71.272 |
(50.843) |
267.081 |
|
Tilak Raj |
246.928 |
21.434 |
1.200 |
|
71.273 |
(51.699) |
289.134 |
|
Bishambher Dass |
192.246 |
15.490 |
1.200 |
|
65.790 |
(69.608) |
205.119 |
|
Parveen Arora |
226.497 |
18.293 |
1.200 |
|
65.790 |
(36.023) |
275.757 |
|
|
|
|
|
|
|
|
|
|
Total |
906.157 |
60.182 |
4.800 |
|
274.125 |
(208.173) |
1037.091 |
FINANCIAL ANALYSIS
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Capital Account |
|
1037.091 |
906.157 |
|
|
2] Reserves & Surplus |
|
0.000 |
0.000 |
|
|
3] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
1037.091 |
906.157 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
284.309 |
267.108 |
|
|
2] Unsecured Loans |
|
80.571 |
79.217 |
|
|
TOTAL BORROWING |
|
364.880 |
346.325 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
1401.971 |
1252.482 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
223.453 |
231.930 |
|
|
Capital work-in-progress |
|
0.00 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.000 |
0.000 |
|
|
DEFERRED TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
457.920
|
325.808
|
|
|
Sundry Debtors |
|
711.263
|
693.621
|
|
|
Cash & Bank Balances |
|
32.194
|
41.905
|
|
|
Other Current Assets |
|
11.435
|
0.565
|
|
|
Loans & Advances |
|
306.339
|
301.474
|
|
Total
Current Assets |
|
1519.151
|
1363.373
|
|
|
Less :
CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
293.426
|
289.910
|
|
|
Other Current Liabilities |
|
44.395
|
52.911
|
|
|
Provisions |
|
2.812
|
0.000
|
|
Total
Current Liabilities |
|
340.633
|
342.821
|
|
|
Net Current Assets |
|
1178.518
|
1020.552
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
1401.971 |
1252.482 |
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales |
|
2126.314 |
2308.291 |
|
|
|
Other Income |
|
1.823 |
2.222 |
|
|
|
TOTAL |
|
2128.137 |
2310.513 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
Cost of Goods Sales |
|
1397.822 |
1460.177 |
|
|
|
|
Direct Expenses |
|
173.803 |
268.457 |
|
|
|
Import Related Charges |
|
4.486 |
8.451 |
|
|
|
Excise duty on stock transfer |
|
27.520 |
59.398 |
|
|
|
Labour Expenses |
|
7.624 |
7.011 |
|
|
|
Establishment Expenses |
|
67.219 |
56.023 |
|
|
|
Administrative Expanse |
|
21.909 |
22.088 |
|
|
|
Selling and Distribution |
|
98.148 |
139.946 |
|
|
|
Partners Salary |
|
4.800 |
4.800 |
|
|
|
Other Expense |
|
5.304 |
6.956 |
|
|
|
TOTAL |
|
1808.635 |
2033.307 |
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE
INTEREST AND DEPRECIATION AND
AMORTISATION |
|
319.502 |
277.206 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
25.404 |
30.748 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE, DEPRECIATION AND AMORTISATION |
|
294.098 |
246.458 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/ AMORTISATION |
|
19.973 |
22.681 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT/ (LOSS) |
|
274.125 |
223.777 |
|
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
|
5.53 |
6.63 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
|
66.05 |
55.08 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
|
76.62 |
72.47 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
|
0.45 |
0.40 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
|
1.43 |
1.20 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total Assets) |
|
0.40 |
0.43 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
|
0.35 |
0.38 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
|
0.41 |
0.47 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
|
0.22 |
0.26 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
|
12.58 |
9.02 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
|
31.03.2017 |
31.03.2016 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
|
12.89 |
9.69 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
|
15.73 |
14.03 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
|
26.43 |
24.70 |
SOLVENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
Current Ratio (Current Assets / Current Liabilities) |
|
3.61 |
3.23 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
|
1.92 |
1.59 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
|
0.60 |
0.57 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
|
0.35 |
0.38 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
|
3.61 |
3.23 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
in INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
|
Capital Account |
906.157 |
1037.091 |
|
Reserves & Surplus |
0.000 |
0.000 |
|
Net
worth |
906.157 |
1037.091 |
|
|
|
|
|
Secured Loan |
267.108 |
284.309 |
|
Unsecured Loan |
79.217 |
80.571 |
|
Total
borrowings |
346.325 |
364.880 |
|
Debt/Equity
ratio |
0.382 |
0.352 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
|
Sales |
2308.291 |
2126.314 |
|
|
|
(7.884) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
|
Sales |
2308.291 |
2126.314 |
|
Profit/ (loss) |
223.777 |
274.125 |
|
|
9.69% |
12.89% |
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 |
No |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
No |
|
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 |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
22 |
Conduct of the banking account |
Yes |
|
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 two years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last two years |
Yes |
|
30 |
Major shareholders, if available |
No |
|
31 |
External Agency Rating, if available |
Yes |
|
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 |
UNSECURED LOANS
|
PARTICULARS |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
Bishamber Dass HUF |
4.174 |
3.162 |
|
Ram Prakash Arora HUF |
0.251 |
0.226 |
|
Tilak Raj HUF |
3.977 |
2.378 |
|
Surinder Pal HUF |
4.070 |
2.787 |
|
Parveen Arora HUF |
3.502 |
2.921 |
|
Reebika Arora |
12.810 |
11.134 |
|
Reena Arora |
1.125 |
6.280 |
|
Sunita Arora |
13.455 |
13.069 |
|
Vidhu Arora |
5.727 |
9.780 |
|
Manav Arora |
14.740 |
13.295 |
|
Akshita |
6.507 |
4.759 |
|
Aashima Chhabra |
5.401 |
4.912 |
|
Vidhyawanti |
0.000 |
0.131 |
|
Himanshu Arora |
0.509 |
0.459 |
|
Nikhil Arora |
4.323 |
3.924 |
|
|
|
|
|
Total |
80.571 |
79.217 |
FIXED ASSETS
· Land
· Building
· Furniture and Fixture
· Plant and Machinery
· Equipments
· Vehicles
· Computer and Peripherals
·
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 |
INR 65.04 |
|
|
1 |
INR 92.28 |
|
Euro |
1 |
INR 80.62 |
INFORMATION DETAILS
|
Information Gathered
by : |
PNM |
|
|
|
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
RUP |
SCORE FACTORS
|
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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on secured
terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial condition covering various ratios
·
Company background and operations size
·
Promoters / Management background
·
Payment record
·
Litigation against the subject
·
Industry scenario / competitor analysis
·
Supplier / Customer / Banker review (wherever
available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.
·