|
|
|
MIRA INFORM REPORT
|
Report No. : |
503541 |
|
Report Date : |
13.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
KESARI TOURS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
1, 2, 3, 4 and 4A, Kings Corner Co-Operative Housing Society, Opposite Victoria Church, L. J. Road, Mahim, Mumbai – 400016, Maharashtra |
|
Tel. No.: |
91-22-24332222 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
05.01.1995 |
|
|
|
|
Com. Reg. No.: |
11-084356 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 7.498 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U63040MH1995PTC084356 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
27AAACK4229J1ZI |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACK4229J |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Providing
of travels and Tours Services. [Registered Activity] |
|
|
|
|
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 |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Maximum Credit Limit : |
USD 1890000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was incorporated in the year 1995 and is engaged in business of providing tours and travelling services. Management has failed to file its latest financials with Government Registry. As per available financials of March 2016, the company has registered a growth of 15.36% in its revenue as compared to its previous year’s revenue and has reported average profit margin of 2.17%. Rating takes into consideration the company’s established track record of business operations marked by sound net worth base along with low solvency indicators and decent liquidity position.
Further, the company has reported a good earnings per share of INR 235.61 against its face value of INR 10. Payments 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 |
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.
INFORMATION DENIED
Management non co-operative (91-22-24332222)
LOCATIONS
|
Registered / Head Office : |
1, 2, 3, 4 and 4A, Kings Corner Co-Operative Housing Society, Opposite Victoria Church, L. J. Road, Mahim, Mumbai – 400016, Maharashtra, India |
|
Tel. No.: |
91-22-24332222 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office: |
314, L.J. Road, Mahim (West), Mumbai – 400016, Maharashtra, India |
|
|
|
|
Branches : |
Located At:
|
|
|
|
|
Sales Agents: |
Located At:
|
|
|
|
|
Franchisee: |
Located At:
|
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Shailesh Kesarinath Patil |
|
Designation : |
Managing Director |
|
Address : |
A/4, Silver Queen, L.J.X. Road No. 2, Mahim, Mumbai-400016, Maharashtra, India |
|
Date of Birth/Age : |
26.09.1966 |
|
Qualification : |
Diploma in Electrical Engineering |
|
Date of Appointment : |
16.06.2011 |
|
PAN No.: |
AAFPP6504R |
|
DIN No.: |
00960554 |
|
|
|
|
Name : |
Mr. Zelam Amit Chaubal |
|
Designation : |
Managing Director |
|
Address : |
806, Vasant Vaibhav Off Lakaki Road, Model Colony, Pune- 411016, Maharashtra, India |
|
Date of Birth/Age : |
30.06.1968 |
|
Qualification : |
B.Com CA Inter |
|
Date of Appointment : |
06.01.2007 |
|
PAN No.: |
AIFPC9111R |
|
DIN No.: |
01998857 |
|
|
|
|
Name : |
Mrs. Sangita Shailesh Patil |
|
Designation : |
Director |
|
Address : |
A/4, Silver Queen, L.J.X. Road No. 2, Mahim, Mumbai-400016, Maharashtra, India |
|
Date of Birth/Age : |
03.02.1965 |
|
Qualification : |
B.Com |
|
Date of Appointment : |
24.03.2003 |
|
PAN No.: |
AAGPP0198J |
|
DIN No.: |
00960737 |
|
|
|
|
Name : |
Mrs. Sunita Kesari Patil |
|
Designation : |
Whole Time Director |
|
Address : |
A/4, Silver Queen, L.J.X. Road No. 2, Mahim, Mumbai-400016, Maharashtra, India |
|
Date of Birth/Age : |
05.09.1945 |
|
Qualification : |
HSC |
|
Date of Appointment : |
12.04.2010 |
|
PAN No.: |
AHSPP8330M |
|
DIN No.: |
01897838 |
|
|
|
|
Name : |
Mrs. Kesari Raoji Patil |
|
Designation : |
Whole Time Director |
|
Address : |
B/ 5, Silver Queen, Soonawala Agiary Road, Mahim, Mumbai-400016, Maharashtra, India |
|
Date of Birth/Age : |
10.04.1935 |
|
Qualification : |
Diploma in physical education and diploma in Agriculture Study |
|
Date of Appointment : |
06.01.2007 |
|
PAN No.: |
AACPP3227A |
|
DIN No.: |
01897873 |
|
|
|
|
Name : |
Mr. Himanshu Kesari Patil |
|
Designation : |
Whole Time Director |
|
Address : |
B/ 5, Silver Queen, Soonawala Agiary Road, Mahim, Mumbai-400016, Maharashtra, India |
|
Date of Birth/Age : |
18.06.1970 |
|
Qualification : |
B.A |
|
Date of Appointment : |
16.06.2011 |
|
PAN No.: |
AACPP3229Q |
|
DIN No.: |
00800565 |
KEY EXECUTIVES
|
Name : |
Milind Nirkhe and Associates |
|
Designation : |
Company Secretary |
|
Address : |
Office No.2, Mahim Sampada CHS, Plot No.53/8, Bhagar Lane, Matunga
(west), Mumbai – 400016, Maharashtra, India |
|
Tele Fax: |
91-22-24221007 |
|
Mob. No: |
91-9819332823/ 9322281001 |
|
Email: |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Kesari Ravaji Patil |
|
37530 |
|
Veena Sudhir Patil |
|
239927 |
|
Himanshu Kesari Patil |
|
119968 |
|
Sunita Kesari Patil |
|
29950 |
|
Shailesh Kesari Patil |
|
239926 |
|
Zelam Amit Chaubal |
|
82477 |
|
Sudhir Anant Patil |
|
1 |
|
Sangita Patil |
|
1 |
|
Amit Chaubal |
|
1 |
|
Sunila Patil |
|
1 |
|
Neil Patil |
|
1 |
|
Raaj Patil Through Mr. Sudhir Patil as Natural Guardi |
|
1 |
|
Rajasi Patil Through Shailesh Patil as her Natural Guardian |
|
1 |
|
Aditya Patil Through Shailesh Patil as her Natural Guardian |
|
1 |
|
Arya Patil Through Shailesh Patil as her Natural Guardian |
|
1 |
|
Aryan Chaubal Through Amit Chaubal as her Natural Guardian |
|
1 |
|
Arjun Chaubal |
|
1 |
|
Sara Patil Through Himanshu Patil as her Natural Guardian |
|
1 |
|
Total |
|
749790 |
Equity Share Break up (Percentage of Total Equity)
As on: 30.09.2016
|
Category |
Percentage |
|
Promoters - Individual/Hindu
Undivided Family – India |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing
of travels and Tours Services. [Registered Activity] |
|
|
|
|
Products/ Service: : |
Travel and Tourism |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. Of Employees : |
Not Divulged |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
|
|
Auditors : |
|
|
Name : |
C. V. K. and Associates Chartered Accountants |
|
Address : |
Mulund Branch,103, Varadlaxmi Gokhale Road, Mulund (East), Mumbai, Maharashtra, India |
|
PAN No.: |
AAAFC3675K |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Subsidiaries : |
San Trica Properties Private Limited (U45400MH2007PTC171699) |
|
|
|
|
Enterprises over which
key Management personnel and their relatives having Significant influence: |
|
CAPITAL STRUCTURE
AS ON 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000000 |
Equity Shares |
INR 10/- each |
INR 100.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
749790 |
Equity Shares |
INR 10/- each |
INR 7.498 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET (STANDALONE)
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
7.498 |
7.498 |
7.498 |
|
(b) Reserves and Surplus |
653.071 |
492.488 |
453.790 |
|
(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) |
660.569 |
499.986 |
461.288 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
70.376 |
70.946 |
88.129 |
|
(b) Deferred tax liabilities (Net) |
13.603 |
24.474 |
31.664 |
|
(c) Other long-term
liabilities |
19.124 |
20.583 |
17.131 |
|
(d) long-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
103.103 |
116.003 |
136.924 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
123.411 |
164.391 |
203.552 |
|
(c) Other current
liabilities |
1636.368 |
1295.848 |
1032.830 |
|
(d) Short-term
provisions |
6.105 |
16.038 |
31.267 |
|
Total Current
Liabilities (4) |
1765.884 |
1476.277 |
1267.649 |
|
|
|
|
|
|
TOTAL |
2529.556 |
2092.266 |
1865.861 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
281.902 |
359.254 |
381.051 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
63.024 |
50.395 |
37.802 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
38.486 |
7.126 |
11.666 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
344.064 |
358.153 |
364.106 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
727.476 |
774.928 |
794.625 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
2.874 |
2.974 |
15.125 |
|
(c) Trade receivables |
37.098 |
40.158 |
51.206 |
|
(d) Cash and
bank balances |
1087.773 |
542.330 |
456.232 |
|
(e)
Short-term loans and advances |
674.335 |
731.876 |
548.673 |
|
(f) Other
current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
1802.080 |
1317.338 |
1071.236 |
|
|
|
|
|
|
TOTAL |
2529.556 |
2092.266 |
1865.860 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
8135.409 |
7052.196 |
7979.548 |
|
|
Other Income |
41.866 |
127.924 |
68.926 |
|
|
TOTAL |
8177.275 |
7180.120 |
8048.474 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
7317.017 |
6557.233 |
7358.023 |
|
|
Employee benefit expense |
235.797 |
209.804 |
214.902 |
|
|
CSR expenditure |
2.882 |
2.600 |
0.000 |
|
|
Other expenses |
296.535 |
275.864 |
288.675 |
|
|
Exceptional items |
0.000 |
0.000 |
(0.346) |
|
|
TOTAL |
7852.231 |
7045.501 |
7861.254 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
325.044 |
134.619 |
187.220 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
7.859 |
6.578 |
4.922 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
317.185 |
128.041 |
182.298 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
37.199 |
38.776 |
32.168 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
279.986 |
89.265 |
150.130 |
|
|
|
|
|
|
|
Less |
TAX |
103.329 |
26.626 |
53.956 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
176.657 |
62.639 |
96.174 |
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’ BALANCE BROUGHT FORWARD |
426.093 |
393.659 |
313.682 |
|
|
|
|
|
|
|
Add |
Reversal of Accumulated Depreciation as per Schedule II of The Companies Act 2013. |
2.199 |
(15.169) |
0.000 |
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
Transfer to General Reserve |
0.000 |
6.264 |
9.617 |
|
|
Dividend |
14.996 |
7.498 |
11.247 |
|
|
Reversal of Proposed Dividend FY12-13 |
0.000 |
0.000 |
(5.623) |
|
|
Reversal of Dividend Distribution Tax F Y 12-13 |
0.000 |
0.000 |
(0.955) |
|
|
Tax on Dividend |
3.278 |
1.274 |
1.911 |
|
|
Total |
18.274 |
15.036 |
16.197 |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
586.675 |
426.093 |
393.659 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
2162.142 |
1820.599 |
NA |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
235.61 |
83.54 |
128.27 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
17.116 |
17.708 |
18.561 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
709.845 |
172.577 |
(204.635) |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
593.705 |
142.702 |
(294.968) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days [Sundry Debtors / Income * 365] |
|
1.66 |
2.08 |
2.34 |
|
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
|
219.30 |
175.61 |
155.83 |
|
|
|
|
|
|
|
Average Payment Days [Sundry Creditors /
Purchases * 365] |
|
6.16 |
9.15 |
10.10 |
|
|
|
|
|
|
|
Inventory Turnover [Operating Income /
Inventories] |
|
113.10 |
45.27 |
12.38 |
|
|
|
|
|
|
|
Asset Turnover [Operating Income / Net Fixed
Assets] |
|
0.94 |
0.33 |
0.45 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets] |
|
0.73 |
0.75 |
0.74 |
|
|
|
|
|
|
|
Debt Equity Ratio (Borrowings / NetWorth) |
|
0.13 |
0.18 |
0.23 |
|
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / NetWorth) |
|
2.67 |
2.95 |
2.75 |
|
|
|
|
|
|
|
Fixed Assets to NetWorth (Net Fixed Assets /
NetWorth) |
|
0.52 |
0.82 |
0.91 |
|
|
|
|
|
|
|
Interest Coverage Ratio [PBIT / Financial Charges] |
|
41.36 |
20.47 |
38.04 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin [(PAT / Sales) * 100] |
(%) |
2.17 |
0.89 |
1.21 |
|
|
|
|
|
|
|
Return on Total Assets [(PAT / Total Assets)
* 100] |
(%) |
6.98 |
2.99 |
5.15 |
|
|
|
|
|
|
|
Return on Investment (ROI) [(PAT / NetWorth)
* 100] |
(%) |
26.74 |
12.53 |
20.85 |
SOLVENCY RATIO
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio [Current Assets / Current Liabilities] |
|
1.02 |
0.89 |
0.85 |
|
|
|
|
|
|
|
Quick Ratio [(Current Assets - Inventories)
/ Current Liabilities] |
|
1.02 |
0.89 |
0.83 |
|
|
|
|
|
|
|
G-Score Ratio Financial [NetWorth / Total
Assets] |
|
0.26 |
0.24 |
0.25 |
|
|
|
|
|
|
|
G-Score Ratio Debt [Debts / Equity Capital] |
|
11.67 |
11.82 |
14.23 |
|
|
|
|
|
|
|
G-Score Ratio Liquidity [Total Current
Assets / Total Current Liabilities] |
|
1.02 |
0.89 |
0.85 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Share Capital |
7.498 |
7.498 |
7.498 |
|
Reserves & Surplus |
453.790 |
492.488 |
653.071 |
|
Net
worth |
461.288 |
499.986 |
660.569 |
|
|
|
|
|
|
Long-term borrowings |
88.129 |
70.947 |
70.376 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Current maturities of
long-term debts |
18.561 |
17.708 |
17.116 |
|
Total
borrowings |
106.690 |
88.655 |
87.492 |
|
Debt/Equity
ratio |
0.231 |
0.177 |
0.132 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
7979.548 |
7052.196 |
8135.409 |
|
|
0.000 |
(11.622) |
15.360 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
7979.548 |
7052.196 |
8135.409 |
|
Profit/ (Loss) |
96.174 |
62.639 |
176.657 |
|
|
1.21
% |
0.89
% |
2.17
% |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
7.498 |
7.498 |
|
(b) Reserves and Surplus |
|
648.626 |
488.348 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
|
0.000 |
0.000 |
|
Total Shareholders’
Funds (1) + (2) |
|
656.124 |
495.846 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
70.376 |
70.946 |
|
(b) Deferred tax liabilities (Net) |
|
13.603 |
24.474 |
|
(c) Other long-term
liabilities |
|
19.124 |
20.582 |
|
(d) long-term
provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
103.103 |
116.002 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
0.000 |
0.000 |
|
(b) Trade
payables |
|
123.411 |
164.391 |
|
(c) Other
current liabilities |
|
1636.376 |
1295.853 |
|
(d) Short-term
provisions |
|
6.104 |
16.038 |
|
Total Current
Liabilities (4) |
|
1765.891 |
1476.285 |
|
|
|
|
|
|
TOTAL |
|
2525.118 |
2088.133 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
352.922 |
430.274 |
|
(ii)
Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
|
63.024 |
50.395 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
38.386 |
7.026 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
|
268.637 |
283.026 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
722.969 |
770.721 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
2.8745 |
2.974 |
|
(c) Trade
receivables |
|
37.098 |
40.158 |
|
(d) Cash and
bank balances |
|
1087.842 |
542.404 |
|
(e)
Short-term loans and advances |
|
674.334 |
731.876 |
|
(f) Other
current assets |
|
0.000 |
0.000 |
|
Total
Current Assets |
|
1802.149 |
1317.412 |
|
|
|
|
|
|
TOTAL |
|
2525.118 |
2088.133 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
|
8135.409 |
7052.196 |
|
|
Other Income |
|
41.866 |
127.924 |
|
|
TOTAL |
|
8177.275 |
7180.120 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
7317.017 |
6557.233 |
|
|
Employee benefit expense |
|
235.797 |
209.804 |
|
|
Other expenses |
|
299.722 |
282.602 |
|
|
TOTAL |
|
7852.536 |
7049.639 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
324.739 |
130.481 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
7.859 |
6.579 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
316.880 |
123.902 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
|
37.199 |
38.776 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
279.681 |
85.126 |
|
|
|
|
|
|
|
Less |
TAX |
|
103.329 |
26.626 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
176.352 |
58.500 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
235.20 |
78.02 |
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 |
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 |
Yes |
|
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 |
No |
|
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 |
CONTINGENT LIABILITIES:
(INR in Million)
|
PARTICULARS |
31.03.2016 |
|
Claims against the Company not acknowledged as debts. |
7.692 |
|
Amount in Dispute with Service Tax Department |
4.244 |
|
Amount in Dispute with Income Tax Department |
4.947 |
INDEX OF CAHREGS:
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
B16213738 |
10295237 |
BANK OF INDIA |
18/06/2011 |
- |
- |
135000000.0 |
G - 5, AKRUTI SMC, L B S MARG, KHOPAT JUNCTIONTHANE (WEST) - 400602THANEMH400602IN |
|
2 |
B01067289 |
10151597 |
VASAI VIKAS SAHAKARI BANK LIMITED |
04/03/2009 |
30/11/2010 |
- |
60000000.0 |
Samaj Mandir, Opp. New English SchoolVasai (west)ThaneMH401201IN |
|
3 |
G06964381 |
10100406 |
HDFC BANK LIMITED |
19/03/2008 |
22/06/2016 |
- |
126000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
4 |
C52464666 |
10100404 |
HDFC BANK LIMITED |
11/03/2008 |
27/12/2014 |
- |
5000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
5 |
G07042567 |
10100405 |
HDFC BANK LIMITED |
11/03/2008 |
23/06/2016 |
- |
121000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
6 |
B24970220 |
10023148 |
BANK OF INDIA |
29/09/2006 |
- |
18/10/2011 |
30000000.0 |
SHIVAJI PARK BRANCHMAHIMMUMBAIMH400016IN |
|
7 |
B24969321 |
10022871 |
BANK OF INDIA |
29/09/2006 |
- |
18/10/2011 |
30000000.0 |
SHIVAJI PARK BRANCHMAHIMMUMBAIMH400016IN |
|
8 |
A90116591 |
80059968 |
THE SARASWAT CO-OP. BANK LTD. |
03/06/2005 |
- |
02/07/2010 |
3765000.0 |
MAHIM BRANCH, GSB TEMPLE BUILDINGSITLADEVI TEMPLE ROAD, MAHIMMUMBAIMH400016IN |
|
9 |
A83040766 |
10135940 |
VASAI VIKAS SAHAKARI BANK LIMITED |
10/12/2008 |
- |
18/03/2010 |
26000000.0 |
SAMAJ MANDIR, OPP. NEW ENGLISH SCHOOL, VASAI (W),DIST THANE, MAHARASHTRAVASAIMH401201IN |
|
10 |
A43990571 |
90165158 |
BANK OF MAHARASHTRA |
12/11/1995 |
28/01/2008 |
23/08/2008 |
16000000.0 |
T H KATARIA BRANCHMAHIMMUMBAIMH400016IN |
FIXED ASSETS
- Land
- Building
- Furniture and fixtures
- Office equipment
- Vehicles
- Computer Equipments
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 64.13 |
|
|
1 |
INR 92.52 |
|
Euro |
1 |
INR 79.59 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
VVK |
|
|
|
|
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.