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|
MIRA INFORM REPORT
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Report No. : |
502107 |
|
Report Date : |
05.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
KALA JYOTHI PROCESS PRIVATE LIMITED (w.e.f 09.01.2003) |
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Formerly Known
As : |
KALA JYOTHI PROCESS LIMITED (w.e.f 03.04.1995) KALA JYOTHI PROCESS PRIVATE LIMITED |
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Registered
Office : |
1-1-60/5RTC X Roads, Musheerabad, Hyderabad - 500020, Telangana |
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Tel. No.: |
91-40-276545536 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
11.09.1989 |
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Com. Reg. No.: |
36-010439 |
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Capital
Investment / Paid-up Capital : |
INR 69.000 Million |
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|
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CIN No.: [Company Identification
No.] |
U22211AP1989PTC010439 |
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IEC No.: [Import-Export Code No.] |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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GSTN : [Goods & Service Tax
Registration No.] |
36AAACK8353P1ZY |
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PAN No.: [Permanent Account No.] |
AAACK8353P |
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Legal Form : |
Private Limited Liability Company. |
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Line of Business
: |
Printing and Publishing of Newspapers, Books, Periodicals, etc. [Registered Activity] |
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No. of Employees
: |
Information declined by the management
|
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 |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Maximum Credit Limit : |
USD 1100000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company incorporated in the year 1989 and it
is having satisfactory track. For the financial year 2017, the company has increased its revenue
from operation as compared to previous year but reported low profitability
margin of 0.09%. General financial position of the company seems to sound and healthy
along with average debt balance sheet. Further, rating also reflects from its long standing track record of
business operations and improvement in the revenue profile during the year. However, rating strength is partially offset by sharply declined in
the profitability during the year and intense competition from industry. Trade relations are reported as fair. Business is active. Payment
terms are seems to be slow but correct. In view of the aforesaid, the company can be considered for business
dealings at usual trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
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 |
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High Risk |
C2 |
|
Very High Risk |
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
31-03-2018.
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 05.04.2018.
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 DENIED
Management Non-Cooperative [Tel. No.: 91-40-27612436]
Tel. No.: 91-40-27645536 not working
91-9849809997 not
reachable.
LOCATIONS
|
Registered Office : |
1-1-60/5RTC X Roads, Musheerabad, Hyderabad - 500020, Telangana, India |
|
Tel. No.: |
91-40-27612436 / 27612323 |
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Fax No.: |
91-40-27612323 |
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E-Mail : |
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|
Website : |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Bapanna Alapati |
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Designation : |
Managing Director |
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Address : |
337/ A, Road No. 10, Jubilee Hills, Hyderabad - 500034, Telangana, India |
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Date of Birth/Age : |
15.02.1960 |
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Qualification : |
B.Com.(Honours) |
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Date of Appointment : |
11.09.1989 |
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PAN No.: |
ABQPA4118C |
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DIN No.: |
00124455 |
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Other Directorship:
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Name : |
Mr. Ramnath Alapati |
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Designation : |
Director |
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Address : |
Plot No.337/A, Road No.10, Jubilee Hills, Hyderabad - 500034, Telangana, India |
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Date of Birth/Age : |
23.12.1978 |
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Qualification : |
Diploma in Printing Technology |
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Date of Appointment : |
25.07.1998 |
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PAN No.: |
AESPA8790D |
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DIN No.: |
00124798 |
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Name : |
Mr. Devendranath Alapati |
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Designation : |
Director |
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Address : |
8-2-293/82/J/17B, Journalist Colony, Jubilee Hills, Hyderabad - 500034, Telangana, India |
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Date of Birth/Age : |
18.09.1953 |
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Qualification : |
M.Com |
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Date of Appointment : |
11.09.1989 |
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PAN No.: |
ABQPA4117P |
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DIN No.: |
00124857 |
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|
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Name : |
Mr. Kartik Alapati |
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Designation : |
Director |
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Address : |
B-17, Journalist Colony, Jubilee Hills, Hyderabad - 500033, Telangana, India |
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Date of Birth/Age : |
14.02.1985 |
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Qualification : |
Diploma in Printing |
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Date of Appointment : |
22.09.2012 |
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DIN No.: |
06446713 |
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Name : |
Mr. Jayadev Alapati |
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Designation : |
Director |
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Address : |
B-17, Journalist Colony, Jubilee Hills, Hyderabad - 500033, Telangana, India |
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Date of Birth/Age : |
29.05.1989 |
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Date of Appointment : |
22.09.2012 |
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DIN No.: |
06483425 |
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Devendranath Alapati |
|
2077100 |
|
Bapanna Alapati |
|
3124105 |
|
Annapurna Alapati |
|
441480 |
|
Ratna Kumari Alapati |
|
281300 |
|
Girija Alapati |
|
37495 |
|
Ramnath Alapati |
|
836010 |
|
Kalajyothi G |
|
102510 |
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|
|
|
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Total |
|
6900000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2017
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Printing and Publishing of Newspapers, Books, Periodicals, etc. [Registered Activity] |
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Products : |
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
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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
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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 : |
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Auditors : |
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Name : |
Seshachalam and Company Chartered Accountants |
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Address : |
1-11-256, Street, No. 1, Wall Street Plaza, ICICI Building, 6th Floor, Begumpet, Hyderabad - 500016, Telangana, India |
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PAN No. of the
firm : |
AAJFS8967S |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Enterprises where
KMP exercise significant influence : |
Alapati Estates Private Limited |
CAPITAL STRUCTURE
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
8000000 |
Equity Shares |
Rs.10/- each |
Rs.80.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
6900000 |
Equity Shares |
Rs.10/- each |
Rs.69.000 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
69.000 |
69.000 |
69.000 |
|
(b) Reserves &
Surplus |
336.462 |
335.655 |
324.060 |
|
(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) |
405.462 |
404.655 |
393.060 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
398.499 |
371.966 |
358.673 |
|
(b) Deferred tax
liabilities (Net) |
50.968 |
52.380 |
50.458 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
449.467 |
424.346 |
409.131 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
222.228 |
93.342 |
16.469 |
|
(b) Trade payables |
227.207 |
89.817 |
84.660 |
|
(c) Other current liabilities |
105.571 |
170.660 |
89.314 |
|
(d) Short-term provisions |
0.000 |
0.000 |
0.000 |
|
Total Current Liabilities
(4) |
555.006 |
353.819 |
190.443 |
|
|
|
|
|
|
TOTAL |
1409.935 |
1182.820 |
992.634 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
850.312 |
575.812 |
524.876 |
|
(ii) Intangible Assets |
2.837 |
3.015 |
0.309 |
|
(iii) Capital
work-in-progress |
0.000 |
172.621 |
90.103 |
|
(iv) Intangible assets
under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
0.100 |
0.100 |
0.100 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
132.808 |
145.590 |
120.386 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
986.057 |
897.138 |
735.774 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
157.326 |
73.223 |
68.106 |
|
(c) Trade receivables |
202.281 |
161.923 |
140.817 |
|
(d) Cash and cash
equivalents |
4.472 |
1.866 |
5.033 |
|
(e) Short-term loans and
advances |
59.799 |
48.670 |
42.904 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total Current Assets |
423.878 |
285.682 |
256.860 |
|
|
|
|
|
|
TOTAL |
1409.935 |
1182.820 |
992.634 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
864.268 |
789.236 |
681.874 |
|
|
Other Income |
30.459 |
29.240 |
24.464 |
|
|
TOTAL |
894.727 |
818.476 |
706.338 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
531.497 |
411.588 |
341.068 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(78.764) |
(2.142) |
(21.539) |
|
|
Employees benefits
expense |
145.435 |
132.858 |
116.512 |
|
|
Other expenses |
170.951 |
134.688 |
132.673 |
|
|
TOTAL |
769.119 |
676.992 |
568.714 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
125.608 |
141.484 |
137.624 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
59.814 |
58.927 |
52.636 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX,
DEPRECIATION AND AMORTISATION |
65.794 |
82.557 |
84.988 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
62.832 |
64.482 |
58.521 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
2.962 |
18.075 |
26.467 |
|
|
|
|
|
|
|
Less |
TAX |
2.155 |
6.481 |
11.873 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
0.807 |
11.594 |
14.594 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
9.864 |
54.216 |
0.000 |
|
|
TOTAL EARNINGS |
9.864 |
54.216 |
0.000 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Purchase of Paper |
4.718 |
10.168 |
6.683 |
|
|
TOTAL IMPORTS |
4.718 |
10.168 |
6.683 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
0.12 |
1.68 |
2.12 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
60.009 |
103.804 |
49.255 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flow from operating activity |
254.983 |
191.144 |
126.508 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
85.43 |
74.88 |
75.38 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
4.27 |
4.87 |
4.84 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
156.03 |
79.65 |
90.60 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.80 |
1.93 |
2.02 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.15 |
0.19 |
0.22 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.68 |
0.61 |
0.55 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
1.53 |
1.15 |
0.95 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
1.37 |
0.87 |
0.48 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
2.10 |
1.86 |
1.57 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
2.10 |
2.40 |
2.61 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
0.09 |
1.47 |
2.14 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
0.06 |
0.98 |
1.47 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
0.20 |
2.87 |
3.71 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
0.76 |
0.81 |
1.35 |
|
|
|
|
|
|
Quick Ratio ((Current Assets –
Inventories) / Current Liabilities) |
0.48 |
0.60 |
0.99 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.29 |
0.34 |
0.40 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
9.00 |
6.74 |
5.44 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
0.76 |
0.81 |
1.35 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are
INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Share Capital |
69.000 |
69.000 |
69.000 |
|
Reserves & Surplus |
324.060 |
335.655 |
336.462 |
|
Net worth |
393.060 |
404.655 |
405.462 |
|
|
|
|
|
|
long-term borrowings |
358.673 |
371.966 |
398.499 |
|
Short term borrowings |
16.469 |
93.342 |
222.228 |
|
Current Maturities of
Long term debt |
49.255 |
103.804 |
60.009 |
|
Total borrowings |
424.397 |
569.112 |
680.736 |
|
Debt/Equity ratio |
1.080 |
1.406 |
1.679 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Sales |
681.874 |
789.236 |
864.268 |
|
|
|
15.745 |
9.507 |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Sales |
681.874 |
789.236 |
864.268 |
|
Profit |
14.594 |
11.594 |
0.807 |
|
|
2.14% |
1.47% |
0.09% |
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 |
No |
|
8 |
Designation of contact person |
No |
|
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 |
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 |
UNSECURED LOAN
|
Unsecured Loan |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Short-term
borrowings |
|
|
|
Other loans and advances |
6.797 |
1.035 |
|
|
|
|
|
Total |
6.797 |
1.035 |
INDEX
OF CHARGES:
|
Charges Registered |
||||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G27698299 |
10611215 |
THE KARUR VYSYA BANK LIMITED |
08/12/2015 |
22/09/2016 |
- |
280000000.0 |
5-2-176 RP ROADSECUNDERABADTG500003IN |
|
2 |
C68596022 |
10599447 |
HDFC BANK LIMITED |
29/09/2015 |
- |
- |
113000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
3 |
C51530830 |
10565091 |
HDFC BANK LIMITED |
30/03/2015 |
- |
- |
30000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
4 |
B84755206 |
10448486 |
PNB HOUSING FINANCE LIMITED |
22/07/2013 |
- |
- |
199088150.0 |
9TH FLOORANTRIKSH BHAWAN22 K G MARGNEW DELHIDL110001IN |
|
5 |
G72436348 |
10187568 |
KOTAK MAHINDRA BANK LIMITED |
29/10/2009 |
- |
06/12/2017 |
15000000.0 |
36-38A, NARIMAN BHAVAN, 227,D,NARIMAN POINT,MUMBAIMH400021IN |
|
6 |
G04491908 |
10300332 |
RELIANCE CAPITAL LIMITED |
30/06/2011 |
- |
19/05/2016 |
33500000.0 |
H BLOCK, FIRST FLOORDhirubhai Ambani Knowledge City, KoparkhairneNAVI MUMBAIMH400710IN |
|
7 |
G04874269 |
10327252 |
RELIANCE CAPITAL LTD |
08/12/2011 |
- |
19/05/2016 |
6500000.0 |
"H" BLOCK 1ST FLOORDhirubhai Ambani Knowledge City, KoparkhairneNavi MumbaiMH400710IN |
|
8 |
G04491395 |
10324137 |
Reliance Commercial Finance Private Limited |
31/07/2010 |
- |
19/05/2016 |
83100000.0 |
570, Rectifier House, Naigaum Cross RoadNext to Royal Industrial Estate, WadalaMumbaiMH400031IN |
|
9 |
G04488813 |
10249419 |
Reliance Consumer Finance Private Limited |
28/09/2010 |
- |
19/05/2016 |
26900000.0 |
570, Rectifier House, Naigaum Cross RoadNext to Royal Industrial Estate, WadalaMumbaiMH400031IN |
|
10 |
G04874053 |
10324298 |
RELIANCE CAPITAL LTD |
30/09/2010 |
- |
19/05/2016 |
22100000.0 |
"H" BLOCK 1ST FLOORDhirubhai Ambani Knowledge City, KoparkhairneNavi MumbaiMH400710IN |
|
11 |
G04492179 |
10266064 |
RELIANCE CAPITAL LTD |
22/12/2010 |
- |
19/05/2016 |
27900000.0 |
"H" BLOCK 1ST FLOORDhirubhai Ambani Knowledge City, KoparkhairneNavi MumbaiMH400710IN |
|
12 |
B81705501 |
80001353 |
STATE BANK OF INDIA |
07/12/1989 |
01/03/2006 |
29/07/2013 |
975000.0 |
SAIFABAD (SIB) BRANCH, HACA BHAVANOPPOSITE ASSEMBLYHYDERABADAP500004IN |
|
13 |
B80812928 |
90260788 |
STATE BANK OF INDIA |
07/12/1989 |
22/10/2002 |
29/07/2013 |
4000000.0 |
SAIFABAD (HYD.) SIB BRANCHHACA BHAVANHYDERABADAPIN |
|
14 |
B80812340 |
90259773 |
STATE BANK OF INDIA |
08/12/1997 |
- |
27/07/2013 |
18720000.0 |
SAIFABAD BRANCHHYDERABADAPIN |
|
15 |
B80809437 |
90257612 |
STATE BANK OF INDIA |
07/12/1989 |
12/03/2013 |
27/07/2013 |
386500000.0 |
MID CORPORATE GROUP,OVERSEAS Branch,2 and 3 FloorsRajala Centre, Road No.36, Jubilee HillsHYDERABADAP500033IN |
|
16 |
B07581275 |
90257640 |
A.P. INDUSTRIAL DEVELOPMENT CORPN. LIMITED |
26/03/1990 |
28/03/1990 |
05/03/2011 |
9326092.0 |
PARISRAM BHAVANAMBASHEERBAGH; P.B. NO. 1049HYDERABADAP500029IN |
|
17 |
B07581929 |
90259510 |
A.P.I.D.C. LTD. |
26/03/1990 |
16/04/1990 |
05/03/2011 |
9326092.0 |
PARASHRAM BHAVAN5-9-58/B; FATHE MAIDAN ROADHYDERABADAP500029IN |
|
18 |
B07581556 |
90257763 |
A.P. INDUSTRIAL DEVELOPMENT CORPN. LTD. |
06/11/1991 |
- |
05/03/2011 |
1100000.0 |
HYDERABADHYDERABADAPIN |
|
19 |
B07396690 |
90257716 |
A.P. STATE FINANICAL CORPORATION |
26/03/1991 |
- |
21/02/2011 |
3100000.0 |
HYDERABADHYDERABADAPIN |
|
20 |
A96538731 |
10076311 |
KARUR VYSYA BANK LIMITED |
16/11/2007 |
- |
20/10/2010 |
27000000.0 |
PLOT NO 227 PRIYADARSHINI HOMEROAD NO 1 JUBILEE HILLSHYDERABADAP500033IN |
|
21 |
A96538921 |
10080120 |
KARUR VYSYA BANK LIMITED |
11/12/2007 |
- |
20/10/2010 |
21000000.0 |
PLOT NO 227 PRIYADARSHINI HOMEROAD NO 1 JUBILEE HILLSHYDERABADAP500033IN |
|
22 |
A96539150 |
10136710 |
THE KARUR VYSYA BANK LTD |
13/11/2008 |
- |
20/10/2010 |
27000000.0 |
PRIYADARSHINI HOUSE,JUBILEE X ROADSHYDERABADAP500034IN |
|
23 |
A96539036 |
10127503 |
KARUR VYSYA BANK LTD |
10/09/2008 |
20/03/2009 |
20/10/2010 |
68180000.0 |
PLOT NO 227, ROAD NO 1JUBILEE HILLSHYDERABADAP500033IN |
|
24 |
Y10369340 |
90261254 |
ANDHRA BANK |
10/07/1995 |
- |
04/01/2003 |
5256000.0 |
KHAIRATABAD BRANCHHYDERABADAP500004IN |
|
25 |
Y10371199 |
90263113 |
MODEL FINANICAL CORPORATION LTD. |
08/05/1996 |
- |
07/12/1998 |
8500000.0 |
HYDERABADHYDERABADAP500004IN |
|
26 |
Y10366305 |
90258219 |
THE DHANALAKSHMI BANK LTD. |
20/09/1996 |
- |
01/07/1998 |
2000000.0 |
4-1-353/A; ABIDS ROADHYDERABADAP500001IN |
FIXED ASSETS
- Land
- Furniture and fixtures
- Motor vehicles
- Office equipment
- Computer equipment
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 records 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
|
INR |
|
US Dollar |
1 |
INR 65.02 |
|
|
1 |
INR 91.49 |
|
Euro |
1 |
INR 79.79 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVT |
|
|
|
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
JYO |
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 |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--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.