|
|
|
MIRA INFORM REPORT
|
Report No. : |
502865 |
|
Report Date : |
11.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
TAMRA DHATU UDYOG PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
2, N.C. Dutta Sarani, Sagar Estate, 7th Floor, R. No. 709, Kolkata
– 700001, West Bengal |
|
Tel. No.: |
91-33-22315602/ 05 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
10.05.2006 |
|
|
|
|
Com. Reg. No.: |
21-109251 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
INR 87.655 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U27209WB2006PTC109251 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
0208000020 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCT4447K |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
19AACCT4447K1ZY |
|
|
|
|
Legal Form : |
Private Limited Liability Company. |
|
|
|
|
Line of Business
: |
The company is engaged in the Trading of Non Ferrous Metals, Manufacturing and Selling of Copper Wire, Strips, Conductors both bare and paper insulated, Wire and Cables and Tinned Copper Wire. The Company is also engaged in generation of wind energy at Tirupur district through 2.1 MW of wind turbine. The electricity generated is sold to Tamil Nadu Electricity Board. (Registered activity) |
|
|
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was incorporated in the year 2006 having a satisfactory record. It is engaged as manufacturer, exporter and distributor of ferrous and non-ferrous metals. As per Financial data available for the year 2017, the company reported a marginal decline in its revenue as compared to its previous year along with low profit margin during the year. Rating takes into consideration the company established track record of business operations and sound financial risk profile marked by adequate net worth base along with moderate liquidity position and average debt protection indicators of the company. Rating further takes into account the benefit from its promoter’s extensive industry experience and efficient working capital management. However rating strengths are partially offset by low operating margin and volatility in the prices of metals, intensive nature of operation and highly competitive industry. Payments seems to be slow but 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 |
CRISIL |
|
Rating |
Long Term Rating (Withdrawn) = BBB- |
|
Rating Explanation |
Moderate degree of safety and moderate credit risk |
|
Date |
31.10.2017 |
|
Rating Agency Name |
CRISIL |
|
Rating |
Short Term Rating (Withdrawn) = A3 |
|
Rating Explanation |
Moderate degree of safety and higher credit risk |
|
Date |
31.10.2017 |
Reason for Withdrawal Bank = At company’s request and also provided a
no-dues certificate from
Allahabad Bank.
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 11.04.2018
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. Ayush Maheshwari |
|
Designation : |
Accounts and Finance Manager |
|
Contact No.: |
91-33-22315602 |
|
Date : |
09.04.2018 |
LOCATIONS
|
Registered / Corporate Office 1 : |
2, N.C. Dutta Sarani, Sagar Estate, 7th Floor, R. No. 709,
Kolkata – 700001, West Bengal, India |
|
Tel. No.: |
91-33-22315602/ 05 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
1450 Sq. ft. |
|
Location : |
Owned |
|
Locality : |
Commercial |
|
|
|
|
Corporate Office 2 : |
Survey No. 276, Jeedemetla IDA, Phase -3, Hyderabad – 500055, Telangana, India |
|
|
|
|
Factory 1 : |
SP2-873, RIICO Industrial Area, Village – Pathredi,
Tehsil-Tijara, Bhiwadi, Alwar-301019, Rajasthan, India
|
|
|
|
|
Factory 2 : |
Shankral Industrial Park, Dulasad, Howrah, West Bengal,
India
|
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Regional Offices : |
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DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Mahesh Kumar Singhee |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
26, 2nd Floor Main Building, Prasanna Kumar, Tagore Street, Kolkata -
700006, West Bengal, India |
||||||||||||||||||||
|
Date of Birth/Age : |
13.03.1978 |
||||||||||||||||||||
|
Date of Appointment : |
10.05.2006 |
||||||||||||||||||||
|
PAN No.: |
AJUPS9198N |
||||||||||||||||||||
|
Voter ID No.: |
DPD1866987 |
||||||||||||||||||||
|
DIN No.: |
00755818 |
||||||||||||||||||||
|
|
|
||||||||||||||||||||
|
Name : |
Mr. Damodar Das Singhee |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
Flat No-9A, Orbit Crystal 9th Floor, 26B, Alipore Road, Alipore Circus Avenue, Kolkata – 700027, West Bengal, India |
||||||||||||||||||||
|
Date of Birth/Age : |
09.09.1950 |
||||||||||||||||||||
|
Qualification : |
B.Com |
||||||||||||||||||||
|
Date of Appointment : |
01.04.2010 |
||||||||||||||||||||
|
PAN No.: |
AKVPS8355H |
||||||||||||||||||||
|
Voter ID No.: |
WB21142153212 |
||||||||||||||||||||
|
DIN No.: |
01070418 |
||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||
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|
|
||||||||||||||||||||
|
Name : |
Mr. Ram Kumar Singhee |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
Flat No-9A, Orbit Crystal 9th Floor, 26B, Alipore Road, Alipore Circus Avenue, Kolkata – 700027, West Bengal, India |
||||||||||||||||||||
|
Date of Birth/Age : |
02.01.1979 |
||||||||||||||||||||
|
Qualification : |
B.Com |
||||||||||||||||||||
|
Date of Appointment : |
10.05.2006 |
||||||||||||||||||||
|
PAN No.: |
AKOPS8515L |
||||||||||||||||||||
|
Voter ID No.: |
DPD1866979 |
||||||||||||||||||||
|
DIN No.: |
01220733 |
||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Manoj Kumar Singh |
|
Designation : |
Company Secretary |
|
Address : |
12/A, Saheb Bagan Liluah (Howrah), Kolkata – 711203, West Bengal, India |
|
Date of Birth/Age : |
05.02.2016 |
|
Qualification : |
BDDPS2514N |
|
|
|
|
Name : |
Mr. Ayush Maheshwari |
|
Designation : |
Accounts and Finance Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
No. of Shares |
|
Ram Kumar Singhee |
650888 |
|
Damodar Das Singhee |
1584389 |
|
Ram Kumar Singhee HUF |
405882 |
|
Madhu |
692171 |
|
Gagan Suppliers Private Limited, India |
4246568 |
|
Damodar Das Singhee HUF |
689882 |
|
Sushma Singhee |
141764 |
|
Anuradha Mohta |
5883 |
|
Priyanka Exim Private Limited |
6000 |
|
Vaishnodevi Stockist Private Limited |
4750 |
|
Divyprakash Suppliers Private Limited |
29529 |
|
Everbright Vinimay Private Limited |
1000 |
|
Premier Infra Properties Private Limited |
12000 |
|
Decent Stockist Private Limited |
48176 |
|
Ultraplus Reality Private Limited |
3500 |
|
Mangalmurti Nirman Private Limited |
32929 |
|
PMC Alloys Private Limited |
3000 |
|
Growfast Realtors Private Limited |
20000 |
|
Seavenseas Realtors Private Limited |
20000 |
|
Khusboo Complex Private Limited |
25000 |
|
Nextgen Tradecom Private Limited |
14900 |
|
Rajlaxmi Dealcom Private Limited |
9600 |
|
Muralidhar Infraproperties Private Limited |
8000 |
|
Ramganga Sales Private Limited |
2000 |
|
Vaishna Distributors Private Limited |
20000 |
|
Lavallena Traders Private Limited |
30000 |
|
Dependable Tradecom Private Limited |
2500 |
|
Mangalmayee Hirise Private Limited |
25000 |
|
Success Infrastructure Private Limited |
800 |
|
Renox Trexim Private Limited |
29411 |
|
|
|
|
Total |
8765522 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2017
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
7.43 |
|
Public – (Individual/ Hindu
Undivided Family – Indian) |
40.16 |
|
Public - Bodies corporate |
52.42 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The company is engaged in the Trading of Non Ferrous Metals, Manufacturing and Selling of Copper Wire, Strips, Conductors both bare and paper insulated, Wire and Cables and Tinned Copper Wire. The Company is also engaged in generation of wind energy at Tirupur district through 2.1 MW of wind turbine. The electricity generated is sold to Tamil Nadu Electricity Board. (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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||||||||||||||
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Exports : |
Not Divulged |
||||||||||||||
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|
|
||||||||||||||
|
Imports : |
Not Divulged |
||||||||||||||
|
|
|
||||||||||||||
|
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 : |
|
|
Auditors : |
|
|
Name : |
Karnani
and Associates Chartered Accountants |
|
Address : |
125,
N. S. Road, 3rd Floor, Room No. - 29, Kolkata - 700001. West Bengal,
India |
|
Email.: |
|
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AGFPK0201Q |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates : |
U51109WB1996PTC077367
|
|
|
|
|
Enterprises which
are owned, or have significant influence of or are partners with Key management
personnel and their relatives : |
|
CAPITAL STRUCTURE
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10380000 |
Equity Shares |
INR 10/- each |
INR 103.800 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
8765522 |
Equity Shares |
INR 10/- each |
INR 87.655 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees 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 |
87.655 |
87.655 |
76.602 |
|
(b) Reserves and Surplus |
1237.135 |
1079.667 |
940.226 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
11.053 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
1324.790 |
1167.322 |
1027.881 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
656.290 |
548.538 |
507.946 |
|
(b) Deferred tax liabilities (Net) |
23.701 |
18.347 |
25.323 |
|
(c) Other long-term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
2.933 |
2.208 |
1.379 |
|
Total Non-current
Liabilities (3) |
682.924 |
569.093 |
534.648 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
1442.549 |
1066.405 |
1054.505 |
|
(b) Trade
payables |
1497.792 |
1058.144 |
2232.780 |
|
(c) Other
current liabilities |
243.405 |
206.254 |
128.108 |
|
(d) Short-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Current
Liabilities (4) |
3183.746 |
2330.803 |
3415.393 |
|
|
|
|
|
|
TOTAL |
5191.460 |
4067.218 |
4977.922 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
771.526 |
484.517 |
530.733 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
15.214 |
125.579 |
26.019 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
27.203 |
25.203 |
9.703 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
0.000 |
0.421 |
0.121 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
813.943 |
635.720 |
566.576 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
1215.403 |
1053.410 |
2186.318 |
|
(c) Trade
receivables |
2152.158 |
1396.107 |
1093.034 |
|
(d) Cash and
bank balances |
455.990 |
478.550 |
615.377 |
|
(e)
Short-term loans and advances |
553.966 |
503.431 |
516.617 |
|
(f) Other
current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
4377.517 |
3431.498 |
4411.346 |
|
|
|
|
|
|
TOTAL |
5191.460 |
4067.218 |
4977.922 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
9890.483 |
10663.726 |
10817.384 |
|
|
Other Income |
4.398 |
7.755 |
6.143 |
|
|
TOTAL |
9894.881 |
10671.481 |
10823.527 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
3775.969 |
3306.836 |
2370.044 |
|
|
Purchases of
Stock-in-Trade |
5462.993 |
5607.374 |
9458.787 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(149.396) |
1093.222 |
(1503.842) |
|
|
Employee benefit expense |
78.023 |
54.233 |
47.417 |
|
|
Other expenses |
219.839 |
199.199 |
142.714 |
|
|
Exceptional items before tax |
(10.521) |
(17.939) |
(16.995) |
|
|
TOTAL |
9376.907 |
10242.925 |
10498.125 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
517.974 |
428.556 |
325.402 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
197.912 |
150.087 |
120.807 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
320.062 |
278.469 |
204.595 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
79.256 |
67.228 |
85.770 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
240.806 |
211.241 |
118.825 |
|
|
|
|
|
|
|
Less |
TAX |
83.338 |
71.801 |
40.389 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
157.468 |
139.440 |
78.436 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
623.049 |
429.532 |
523.292 |
|
|
TOTAL EARNINGS |
623.049 |
429.532 |
523.292 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
1211.577 |
1459.610 |
2313.636 |
|
|
Capital Goods |
143.155 |
6.921 |
0.344 |
|
|
TOTAL IMPORTS |
1354.732 |
1466.531 |
2313.980 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
17.96 |
15.91 |
8.95 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
67.700 |
56.200 |
57.494 |
|
Net cash flows from (used in) operations |
(35.110) |
124.265 |
395.507 |
|
Net cash flows from (used in) operating activities |
(118.448) |
52.464 |
355.118 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days [Sundry Debtors / Income * 365] |
|
79.42 |
47.79 |
36.88 |
|
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
|
4.60 |
7.64 |
9.90 |
|
|
|
|
|
|
|
Average Payment Days [Sundry Creditors /
Purchases * 365] |
|
59.17 |
43.33 |
68.90 |
|
|
|
|
|
|
|
Inventory Turnover [Operating Income /
Inventories] |
|
0.43 |
0.41 |
0.15 |
|
|
|
|
|
|
|
Asset Turnover [Operating Income / Net Fixed
Assets] |
|
0.66 |
0.70 |
0.58 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets] |
|
0.75 |
0.72 |
0.80 |
|
|
|
|
|
|
|
Debt Equity Ratio (Borrowings / NetWorth) |
|
1.64 |
1.43 |
1.58 |
|
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / NetWorth) |
|
2.40 |
2.00 |
3.32 |
|
|
|
|
|
|
|
Fixed Assets to NetWorth (Net Fixed Assets /
NetWorth) |
|
0.59 |
0.52 |
0.54 |
|
|
|
|
|
|
|
Interest Coverage Ratio [PBIT / Financial
Charges] |
|
2.62 |
2.86 |
2.69 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin [(PAT / Sales) * 100] |
(%) |
1.59 |
1.31 |
0.73 |
|
|
|
|
|
|
|
Return on Total Assets [(PAT / Total Assets)
* 100] |
(%) |
3.03 |
3.43 |
1.58 |
|
|
|
|
|
|
|
Return on Investment (ROI) [(PAT / NetWorth)
* 100] |
(%) |
11.89 |
11.95 |
7.63 |
SOLVENCY RATIO
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio [Current Assets / Current Liabilities] |
|
1.37 |
1.47 |
1.29 |
|
|
|
|
|
|
|
Quick Ratio [(Current Assets - Inventories)
/ Current Liabilities] |
|
0.99 |
1.02 |
0.65 |
|
|
|
|
|
|
|
G-Score Ratio Financial [NetWorth / Total
Assets] |
|
0.26 |
0.29 |
0.21 |
|
|
|
|
|
|
|
G-Score Ratio Debt [Debts / Equity Capital] |
|
24.72 |
19.07 |
21.15 |
|
|
|
|
|
|
|
G-Score Ratio Liquidity [Total Current Assets
/ Total Current Liabilities] |
|
1.37 |
1.47 |
1.29 |
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 |
76.602 |
87.655 |
87.655 |
|
Reserves & Surplus |
940.226 |
1079.667 |
1237.135 |
|
Money received against share
warrants |
11.053 |
0.000 |
0.000 |
|
Net
worth |
1027.881 |
1167.322 |
1324.790 |
|
|
|
|
|
|
Long-term borrowings |
507.946 |
548.538 |
656.290 |
|
Short term borrowings |
1054.505 |
1066.405 |
1442.549 |
|
Current maturities of
long-term debts |
57.494 |
56.200 |
67.700 |
|
Total
borrowings |
1619.945 |
1671.143 |
2166.539 |
|
Debt/Equity
ratio |
1.576 |
1.432 |
1.635 |
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 |
10817.384 |
10663.726 |
9890.483 |
|
|
|
(1.420) |
(7.251) |
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 |
10817.384 |
10663.726 |
9890.483 |
|
Profit/ (Loss) |
78.436 |
139.440 |
157.468 |
|
|
0.73
% |
1.31
% |
1.59
% |
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 |
Yes |
|
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 |
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 |
NOTE: Registered office of the company has been
shifted from 26 Prasanna Kumar Tagore, St Kolkata – 700006, West Bengal, India to the present address w.e.f. 24.06.2009
BRIEF DESCRIPTION OF
THE COMPANY'S WORKING DURING THE YEAR/STATE OF COMPANY'S AFFAIR
The Directors have pleasure to inform you that the company achieved INR 9890.483 Million gross revenue in FY 2016-17 and profit after tax increased by 12.93 % from INR 139.440 Million to INR 157.468 Million.
CORPORATE INFORMATION
Tamra Dhatu Udyog Private Limited (the company) is a private limited company domiciled in India and incorporated on 10th May, 2006 under the provisions of Companies Act, 1956. The company is engaged in the Trading of Non-Ferrous Metals, Manufacturing and Selling of Copper Wire, Strips, Conductors both bare and paper insulated, Wire and Cables and Tinned Copper Wire. The Company presently has manufacturing facilities at Pathredi, Rajasthan and Sankrail, Howrah, West Bengal. The Company is also engaged in generation of wind energy at Tirupur district through 2.1 MW of wind turbine. The electricity generated is sold to Tamil Nadu Electricity Board.
UNSECURED LOAN
|
Unsecured Loan |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
Loans and advances from related parties |
55.000 |
55.000 |
|
Intercorporate borrowings |
281.293 |
312.433 |
|
|
|
|
|
Total |
336.293 |
367.433 |
INDEX
OF CHARGES:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G46503611 |
100104455 |
ALLAHABAD BANK |
08/06/2017 |
- |
- |
467900000.0 |
INDUSTRIAL FINANCE BRANCH17, R. N. MUKHERJEE ROAD, 4TH FLOORKOLKATAWB700001IN |
|
2 |
G46504379 |
100104460 |
ALLAHABAD BANK |
08/06/2017 |
- |
- |
1720000000.0 |
INDUSTRIAL FINANCE BRANCH17, R. N. MUKHERJEE ROAD, 4TH FLOORKOLKATAWB700001IN |
|
3 |
G33986860 |
100073561 |
ALLAHABAD BANK |
23/12/2016 |
- |
- |
1690000000.0 |
INDUSTRIAL FINANCE BRANCHKISHORE BHAVAN, 4th FLOOR, 17 R.N.MUKHERJEE ROADKOLKATAWB700001IN |
|
4 |
G36372027 |
100078483 |
UNION BANK OF INDIA |
19/09/2016 |
- |
- |
750000000.0 |
Industrial Finance Branch1/1, Camac Street, 1st FloorKolkataWB700016IN |
|
5 |
B39460977 |
10355185 |
CORPORATION BANK |
21/03/2012 |
- |
- |
73800000.0 |
CANNING STREET BRANCH86, CANNING STREETKOLKATAWB700001IN |
|
6 |
G75169185 |
10204036 |
ORIENTAL BANK OF COMMERCE |
25/11/2008 |
02/01/2018 |
- |
462000000.0 |
Mid Corporate Gariahat, KCI Plaza, 1st Floor23C, A. C. Avenue, GariahatKolkataWB700019IN |
|
7 |
G57187882 |
100031000 |
ALLAHABAD BANK |
02/06/2016 |
- |
21/09/2017 |
526000000.0 |
INDUSTRIAL FINANCE BRANCHKISHORE BHAVAN, 4th FLOOR, 17 R.N.MUKHERJEE ROADKOLKATAWB700001IN |
|
8 |
G57187544 |
10264186 |
ALLAHABAD BANK |
30/08/2010 |
02/06/2016 |
21/09/2017 |
1350000000.0 |
INDUSTRIAL FINANCE BRANCHKISHORE BHAVAN, 4th FLOOR, 17 R.N.MUKHERJEE ROADKOLKATAWB700001IN |
|
9 |
G54592571 |
10288302 |
Bank of Baroda |
16/05/2011 |
13/03/2015 |
21/09/2017 |
1653600000.0 |
India Exchange Branch4, India Exchange PlaceKolkataWB700001IN |
|
10 |
G10345502 |
10609646 |
Bank of Baroda |
23/12/2015 |
- |
29/08/2016 |
40000000.0 |
India Exchange Branch4, India Exchange PlaceKolkataWB700001IN |
CONTINGENT
LIABILITIES:
(INR in million)
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
|
Bank Guarantees |
23.345 |
13.042 |
|
Entry Tax under Litigation |
62.659 |
58.977 |
FIXED ASSETS
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer
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 64.93 |
|
|
1 |
INR 91.50 |
|
Euro |
1 |
INR 79.69 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUV |
|
|
|
|
Analysis Done by
: |
NSG |
|
|
|
|
Report Prepared
by : |
KJL |
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.