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|
|
MIRA INFORM REPORT
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Report No. : |
502277 |
|
Report Date : |
07.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
RAJASTHAN PATRIKA PRIVATE LIMITED |
|
|
|
|
Formerly Known
As : |
RAJASTHAN PATRIKA PAPER MILLS PRIVATE LIMITED |
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Registered
Office : |
Kesar Garh, Jawaharlal Nehru Marg, Jaipur – 302004, Rajasthan |
|
Tel. No.: |
91-141-3327700 |
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|
Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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|
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Date of
Incorporation : |
20.12.1974 |
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|
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Com. Reg. No.: |
17-001600 |
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|
|
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Capital
Investment / Paid-up Capital : |
INR 130.729 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U22121RJ1974PTC001600 |
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|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
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GSTN : [Goods & Service Tax
Registration No.] |
23AAACR7856G1ZB (Madhya Pradesh) 08AAACR7856G1Z3 (Rajasthan) |
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TIN No: |
08361600515 |
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|
|
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
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PAN No.: [Permanent Account No.] |
AAACR7856G |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Printing and Publishing of newspapers,
periodicals, books and magazines. (Registered Activity) |
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No. of Employees
: |
Not Divulged |
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 11000000 |
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|
|
|
Status : |
Good |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 1974. It is engaged in printing
and publishing of newspapers and magaziners. The company is a Hindi-Language daily newspaper. It was founded by
Kapoor Chandra Kulish and published as Rajasthan Patrika in Delhi and Rajasthan,
and as Patrika in 6 other states. For the financial year 2017, the company has achieved revenue growth
of 1.85% as compared to the previous year along with a fair profit margin of
10.21%. The sound financial risk profile of the company is marked by adequate
networth base along with negligible debt balance sheet profile. Rating takes into account the subject’s long established track record
of business operations along with extensive experience of its promoters. Payment seems to be usually correct. In view of 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 |
|
High Risk |
C2 |
|
Very High Risk |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
INDIA RATING |
|
Rating |
Long Term Borrowing (A+) |
|
Rating Explanation |
Adequate degree of safety and low credit risk. |
|
Date |
21.03.2018 |
|
Rating Agency Name |
INDIA RATING |
|
Rating |
Short Term Borrowing (A1+) |
|
Rating Explanation |
Very strong degree of safety and carry lowest credit risk. |
|
Date |
21.03.2018 |
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
31-03-2018.
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 07.04.2018
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 BY
|
Name : |
Mr. Mahendra Tak |
|
Designation : |
Production Department |
|
Contact No.: |
91-7665431212 |
|
Date : |
05.04.2018 |
Management non-cooperative (Tel No.: 91-141-2561582)
91-9829047014 (Not Reachable)
LOCATIONS
|
Registered Office / Publication Centers : |
Kesargarh, Jawaharlal Nehru Marg, Jaipur – 302004, Rajasthan, India |
|
Tel. No.: |
91-141-39404142/ 3005662/ 2561582 (7 lines) |
|
Mobile No.: |
91-7665431212 (Mr. Mahendra Tak) |
|
Fax No.: |
91-141-2566011 |
|
Telex : |
362-2435/ 0365-2435 Newsin |
|
Gram : |
RAJPATRIKA |
|
E-Mail : |
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|
Website : |
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|
|
|
Publication Centers : |
· Plot No.66-67 and 78-79, Pologround Industrial Area, Opposite IPCA Laboratories, Indore- 452005, Madhya Pradesh, India · 5-E, Jhalana Institutional Area – 302004, Rajasthan, India · Sunderwas, Station Road, Udaipur - 313001, Rajasthan, India · Manji Ka Hattaha, Paota Road, Jodhpur - 342001, Rajasthan, India · 25, Small Scale Industrial Area, Kota - 324006, Rajasthan, India · 21-Gajner Road, Bikaner – 334001, Rajasthan, India · A-503, Narnarayan Complex, Navrangpure – 380009, Rajasthan, India · SP-2, Parbatpure, RIICO Industrial Area, Ajmer – 305002, Rajasthan, India · Old Industrial Area, Itarana Road, Alwar – 331001, Rajasthan, India · 50/11, Rajaji Nagar, Bangalore- 560044, Karnataka, india · Pur Road, RIICo Industrial Area, Bhilwara- 311001, Rajasthan, India · F-67, Industrial Area, Jaipur Road, Sikar – 332001, Rajasthan, India · 1-2, Shakti Marg, Sriganganaga – 335001, Rajasthan, India · 304-A, Indo-world Commercial Complex, Behind Kadiwala School, Civil Char Rasta Road, Surat-395002, Gujarat, India |
|
|
|
|
Patrika T. V. Audio/
Video Division : |
· Village Kunda (Amber) – 303101, Uttar Pradesh, India · Laxmi Complex, M. I. Road, Jaipur- 30200, Rajasthan, India |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Hanuman Prasad Tiwari |
|
Designation : |
Whole-time director |
|
Address : |
23/143, Swarn Path, Mansarovar, Jaipur- 302020, Rajasthan, India |
|
Date of Birth/Age : |
18.09.1960 |
|
Date of Appointment : |
02.07.2004 |
|
Qualification : |
M.Com. LL.B., C.S. |
|
PAN No.: |
AAXPT5816C |
|
DIN No.: |
00101086 |
|
|
|
|
Name : |
Mr. Gulab Kothari |
|
Designation : |
Whole-time director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
06.01.1949 |
|
Qualification : |
Phd. D.Litt. |
|
Date of Appointment : |
01.07.1990 |
|
PAN No.: |
ACRPK7488D |
|
DIN No.: |
00101210 |
|
|
|
|
Name : |
Mr. Milap Chandra Kothari |
|
Designation : |
Whole-time director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
15.12.1950 |
|
Qualification : |
B.E. (Mech.) |
|
Date of Appointment : |
01.03.1992 |
|
PAN No.: |
ACRPK7491E |
|
DIN No.: |
00101373 |
|
|
|
|
Name : |
Mr. Nihar Kothari |
|
Designation : |
Managing director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
17.01.1978 |
|
Qualification : |
M.A. |
|
Date of Appointment : |
06.09.1996 |
|
PAN No.: |
ABAPK0298B |
|
DIN No.: |
00101448 |
|
|
|
|
Name : |
Ms. Kusumbhi Sett |
|
Designation : |
Director |
|
Address : |
1/343, Gariahat Road (S), 2nd Floor, P.S, Lake, Kolkata-700068, West Bengal, India |
|
Date of Birth/Age : |
24.09.1978 |
|
Qualification : |
M.Com., M.B.A. |
|
Date of Appointment : |
01.10.1996 |
|
PAN No.: |
ABAPK0361P |
|
DIN No.: |
00101593 |
|
|
|
|
Name : |
Mr. Siddharth Kothari |
|
Designation : |
Managing director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
05.10.1979 |
|
Qualification : |
M.Com. |
|
Date of Appointment : |
05.19.2000 |
|
PAN No.: |
ACQPK2809M |
|
DIN No.: |
00101528 |
|
|
|
|
Name : |
Mrs. Kalpana Kothari |
|
Designation : |
Director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
22.08.1950 |
|
Qualification : |
B.Com. |
|
Date of Appointment : |
27.09.1990 |
|
PAN No.: |
ACRPK7492H |
|
DIN No.: |
00101720 |
|
|
|
|
Name : |
Mrs. Padmasana Kothari |
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Designation : |
Director |
|
Address : |
D-104/2, Meera Marg, Bani Park, Jaipur-302016, Rajasthan, India |
|
Date of Birth/Age : |
13.04.1984 |
|
Qualification : |
M.Com. |
|
Date of Appointment : |
01.12.2006 |
|
PAN No.: |
AJNPK1788R |
|
DIN No.: |
01092559 |
KEY EXECUTIVES
|
Name : |
Hanuman Prasad Tiwari |
|
Designation : |
Secretary |
|
Address : |
23/143, Swarn Path, Mansarovar, Jaipur- 302020, Rajasthan, India |
|
Date of Birth/Age : |
18.09.1960 |
|
Date of Appointment : |
01.04.1993 |
|
PAN No.: |
AAXPT5816C |
|
|
|
|
Name : |
Mr. Mahendra Tak |
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Designation : |
Production Department |
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|
|
|
Name : |
C.M. Bindal and Company |
|
Designation : |
Company Secretary |
|
Address : |
Flat No.202, Ganesh Kripa, B-6, Moti Marg, Bapu Nagar, Jaipur - 302015, Rajasthan, India |
MAJOR SHAREHOLDERS
As on 31.03.2017
SHAREHOLDER’S FILE ATTACHED
Equity Share Break up (Percentage of Total Equity)
As on: 30.09.2017
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family – Indian) |
86.18 |
|
Promoters (Body corporate) |
11.79 |
|
Public/Other than promoters (Individual/Hindu Undivided Family – Indian) |
2.03 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Printing and Publishing of newspapers,
periodicals, books and magazines. (Registered Activity) |
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Products / Services
: |
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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
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Suppliers : |
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Customers : |
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No. of Employees : |
Not Divulged |
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Bankers : |
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Facilities : |
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Auditors : |
|
|
Name : |
Jain Shrimal and
Company Chartered Accountant |
|
Address : |
62, Gangwal
Park, M D Road, Jaipur, Rajasthan, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AAIFJ8343F |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Enterprises over
which persons mentioned above have significant influence |
|
CAPITAL STRUCTURE
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
25000000 |
Equity Shares |
INR 10/- each |
INR 250.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
13072850 |
Equity Shares |
INR 10/- each |
INR 130.729 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
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 |
130.729 |
130.729 |
130.729 |
|
(b) Reserves & Surplus |
3713.688 |
3321.096 |
2506.420 |
|
(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) |
3844.417 |
3451.825 |
2637.149 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
695.164 |
511.667 |
571.607 |
|
(b) Deferred tax liabilities (Net) |
199.962 |
165.166 |
154.009 |
|
(c) Other long term
liabilities |
286.822 |
269.736 |
224.439 |
|
(d) long-term
provisions |
88.308 |
84.581 |
74.529 |
|
Total Non-current
Liabilities (3) |
1270.256 |
1031.150 |
1024.584 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
776.436 |
618.743 |
719.052 |
|
(b) Trade
payables |
1198.884 |
1143.746 |
1046.496 |
|
(c) Other
current liabilities |
664.350 |
511.748 |
584.862 |
|
(d) Short-term
provisions |
13.338 |
78.768 |
59.260 |
|
Total Current
Liabilities (4) |
2653.008 |
2353.005 |
2409.670 |
|
|
|
|
|
|
TOTAL |
7767.681 |
6835.980 |
6071.403 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
2993.456 |
2786.975 |
2601.014 |
|
(ii)
Intangible Assets |
189.388 |
149.237 |
39.758 |
|
(iii)
Capital work-in-progress |
517.135 |
295.460 |
88.694 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
43.510 |
83.770 |
122.138 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
245.254 |
248.902 |
93.808 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
3988.743 |
3564.344 |
2945.412 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
956.764 |
724.722 |
838.513 |
|
(c) Trade
receivables |
2308.937 |
1919.888 |
1684.411 |
|
(d) Cash
and cash equivalents |
289.962 |
339.092 |
334.198 |
|
(e)
Short-term loans and advances |
173.220 |
229.252 |
221.817 |
|
(f) Other current
assets |
50.055 |
58.682 |
47.052 |
|
Total
Current Assets |
3778.938 |
3271.636 |
3125.991 |
|
|
|
|
|
|
TOTAL |
7767.681 |
6835.980 |
6071.403 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
8985.724 |
8822.961 |
7972.152 |
|
|
Other Income |
71.249 |
29.550 |
29.072 |
|
|
TOTAL |
9056.973 |
8852.511 |
8001.224 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
3706.560 |
3631.906 |
3846.525 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
21.753 |
(17.278) |
13.758 |
|
|
CSR Expenditure |
6.950 |
2.333 |
27.200 |
|
|
Employees benefits
expense |
1218.195 |
1234.924 |
1032.084 |
|
|
Prior Period |
(28.253) |
0.053 |
0.166 |
|
|
Other expenses |
2283.314 |
2197.886 |
1818.707 |
|
|
TOTAL |
7208.519 |
7049.824 |
6738.440 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
1848.454 |
1802.687 |
1262.784 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
120.767 |
115.930 |
154.207 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
1727.687 |
1686.757 |
1108.577 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
310.806 |
331.662 |
315.951 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
1416.881 |
1355.095 |
792.626 |
|
|
|
|
|
|
|
Less |
TAX |
499.329 |
508.949 |
273.997 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
917.552 |
846.146 |
518.629 |
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’ BALANCE
BROUGHT FORWARD |
2667.320 |
1852.643 |
1353.747 |
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
Adjustment relating to
Fixed Assets |
0.000 |
0.000 |
7.932 |
|
|
Interim Dividend |
31.468 |
31.469 |
0.000 |
|
|
Proposed Final Dividend |
0.000 |
0.000 |
11.801 |
|
|
Total (M) |
31.468 |
31.469 |
19.733 |
|
|
|
|
|
|
|
|
Balance Carried to the
B/S |
3553.404 |
2667.320 |
1852.643 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
22.971 |
9.738 |
4.953 |
|
|
TOTAL EARNINGS |
22.971 |
9.738 |
4.953 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
1579.657 |
1243.491 |
1258.771 |
|
|
Capital Goods |
186.784 |
0.444 |
5.086 |
|
|
TOTAL IMPORTS |
1766.441 |
1243.935 |
1263.857 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
70.19 |
64.73 |
39.67 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
206.183 |
140.468 |
210.827 |
|
Cash generated from operations |
1416.002 |
1610.264 |
792.969 |
|
Net cash flows from (used in) operating activity |
967.205 |
1235.748 |
633.138 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
93.79 |
79.42 |
77.12 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
3.89 |
4.60 |
4.73 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
118.06 |
114.94 |
99.30 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
1.93 |
2.49 |
1.51 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.50 |
0.56 |
0.46 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.46 |
0.44 |
0.53 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.44 |
0.37 |
0.57 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.69 |
0.68 |
0.91 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.96 |
0.94 |
1.04 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
15.31 |
15.55 |
8.19 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
10.21 |
9.59 |
6.51 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
11.81 |
12.38 |
8.54 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
23.87 |
24.51 |
19.67 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.42 |
1.39 |
1.30 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
1.06 |
1.08 |
0.95 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.49 |
0.50 |
0.43 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
12.83 |
9.72 |
11.49 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.42 |
1.39 |
1.30 |
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 |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR In
Million |
INR
In Million |
|
Share Capital |
130.729 |
130.729 |
130.729 |
|
Reserves & Surplus |
2506.420 |
3321.096 |
3713.688 |
|
Net
worth |
2637.149 |
3451.825 |
3844.417 |
|
|
|
|
|
|
long-term borrowings |
571.607 |
511.667 |
695.164 |
|
Short term borrowings |
719.052 |
618.743 |
776.436 |
|
Current maturities of
long-term debts |
210.827 |
140.468 |
206.183 |
|
Total
borrowings |
1501.486 |
1270.878 |
1677.783 |
|
Debt/Equity
ratio |
0.569 |
0.368 |
0.436 |
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 |
7972.152 |
8822.961 |
8985.724 |
|
|
|
10.672 |
1.845 |
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 |
7972.152 |
8822.961 |
8985.724 |
|
Profit /(Loss) |
518.629 |
846.146 |
917.552 |
|
|
6.51% |
9.59% |
10.21% |
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 |
Yes |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
Yes |
|
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
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G73088486 |
100145495 |
HDFC BANK LIMITED |
15/12/2017 |
- |
- |
560000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
2 |
G47369285 |
100106827 |
HDFC BANK LIMITED |
16/05/2017 |
- |
- |
8253000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWEL PAREL WMUMBAIMH400013IN |
|
3 |
G48298285 |
100109403 |
HDFC BANK LIMITED |
06/05/2017 |
- |
- |
144000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
4 |
G42195214 |
100093139 |
HDFC BANK LIMITED |
09/02/2017 |
- |
- |
100000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
5 |
G29926573 |
100066091 |
HDFC BANK LIMITED |
21/10/2016 |
- |
- |
100000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
6 |
G72725443 |
100068105 |
HDFC BANK LIMITED |
02/09/2016 |
15/12/2017 |
- |
100000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
7 |
G72726284 |
100068100 |
HDFC BANK LIMITED |
02/09/2016 |
15/12/2017 |
- |
150000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
8 |
C71777791 |
10605381 |
HDFC BANK LIMITED |
16/09/2015 |
- |
- |
281411813.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGMUMBAIMH400013IN |
|
9 |
G54383005 |
10455984 |
INDUSIND BANK LTD. |
08/10/2013 |
03/08/2017 |
- |
168700000.0 |
SANGAM COMPLEX, GROUND FLOORCHURCH ROADJAIPURRJ302001IN |
|
10 |
B86493996 |
10452611 |
HDFC BANK LIMITED |
11/09/2013 |
- |
- |
100000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
CONTINGENT
LIABILITIES:
|
PARTICULARS |
|
(i) Pending various labour & defamation cases (not quantifiable) (i) in respect of liability for claims filed by the ex-employees against the company pending before the Court of Law. (ii) in respect of various suits for damages/ compensation filed against the company and pending before various Courts of Law. (ii) Income Tax Liabilities for assessment year 2013-14 amounting to INR 2.871 million created by Assessing Authority and disputed in appeal. b. Estimated amount of contracts on Capital Account remaining to be executed INR 184.650 million (Previous year INR 395.463 million) against which advances of INR 170.052 million (Previous year INR 179.648 million) have been made. c. Outstanding guarantees against which the Company has furnished counter guarantee to bank INR 15.631 million (Previous year INR 11.558 million). |
FIXED ASSETS
- Land
- Building
- Furniture and
Fixture
- Computer
- Office equipment
- Plant and
Machinery
- Vehicle
- Brands
- Computer
Accessories
- 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,
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
|
INR |
|
US Dollar |
1 |
INR 64.99 |
|
|
1 |
INR 90.96 |
|
Euro |
1 |
INR 79.51 |
INFORMATION DETAILS
|
Information
Gathered by : |
SPY |
|
|
|
|
Analysis Done by
: |
PYK |
|
|
|
|
Report Prepared
by : |
MTN |
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.