|
|
|
MIRA INFORM REPORT
|
Report No. : |
504485 |
|
Report Date : |
20.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
DBOI GLOBAL SERVICES PRIVATE LIMITED (w.e.f. 26.05.2008) |
|
|
|
|
Formerly Known
As : |
DB OPERATIONS INTERNATIONAL PRIVATE LIMITED |
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Registered
Office : |
Block B-4, Level 6, Nirlon Knowledge Park, Western Express Highway,
Goregaon (East), Mumbai-400063, Maharashtra |
|
Tel. No.: |
91-22-71804444 |
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|
Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
20.12.2005 |
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Com. Reg. No.: |
11-158278 |
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Capital
Investment / Paid-up Capital : |
INR 554.555 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72900MH2005PTC158278 |
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|
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IEC No.: [Import-Export Code No.] |
Not Divulged |
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TIN No.: |
27575213239 |
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GSTN : [Goods & Service Tax
Registration No.] |
27AACCD2953L1ZG |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AACCD2953L |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is engaged in Providing Back Office Operations Services
Including Inter-Alia Pay Roll Services and Revenue Accounting Services,
Insurance Claim Services and Medical Services. [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++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is a wholly owned subsidiary of “Deutsche Knowledge Services Pte limited, Philippines and was incorporated in the year 2005. It is having excellent track. For the financial year 2017, the company has increased in its revenue from operation as compared to previous year but maintained average profit margin of 7.78%. Rating takes into consideration strong financial profile of the company marked by healthy networth base along with debt balance sheet. Further, the company also derives strength from its strong holding company support, well established track records of business operation and marked position. Trade relations are fair. Payment terms are seems to be regular. In view of aforesaid, the company can be considered good for normal business dealings at usual trade terms and condition. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
EXTERNAL AGENCY RATING
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
31-03-2016.
BIFR (Board for Industrial & Financial Reconstruction) LISTING
STATUS
Subject’s name is not listed as a Sick Unit in
the publicly available BIFR (Board for Industrial & Financial
Reconstruction) list as of 20.04.2018.
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 DECLINED
MANAGEMENT NON-COOPERATIVE [TEL. NO.: 91-22-67113000/ 71804444]
LOCATIONS
|
Registered Office : |
B Block B-4, Level 6, Nirlon Knowledge Park, Western Express Highway,
Goregaon (East), Mumbai-400063, Maharashtra, India |
|
Tel. No.: |
91-22-67117070/71804444 |
|
Fax No.: |
91-22-67113558 |
|
E-Mail : |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Raghav Rao Dhanyamraju |
|
Designation : |
Director |
|
Address : |
705 7th Floor, Sea Flama, Wing-B, Dosti Flamingos T J Road
Parel Sewree, Mumbai-400015, Maharashtra, India |
|
Date of Birth: |
12.01.1969 |
|
Date of Appointment : |
13.05.2016 |
|
DIN No.: |
02165654 |
|
|
|
|
Name : |
Mrs. Mallika Chandra |
|
Designation : |
Director |
|
Address : |
14, Bright Hill Crescent, Singapore 2057 SG |
|
Date of Birth/Age : |
07.02.1956 |
|
Qualification : |
Bachelor
of Business Administration, University of Singapore |
|
Date of Appointment : |
25.10.2012 |
|
PAN No.: |
AAFPC3576R |
|
DIN No.: |
06407071 |
|
|
|
|
Name : |
Guillaume De Grout De Beaufort |
|
Designation : |
Additional Director |
|
Address : |
Apartment No. 4A, No. 8, Amyand Regency, Museum Road, Bangalore-560001,
Karnataka, India |
|
Date of Birth: |
17.11.1963 |
|
Date of Appointment : |
18.07.2016 |
|
DIN No.: |
07563482 |
|
|
|
|
Name : |
Mr. Robert Vogtle |
|
Designation : |
Additional Director |
|
Address : |
27 Claymore Road #06-03 The Claymore Singapore 229544 SG |
|
Date of Birth: |
08.07.1962 |
|
Date of Appointment : |
11.08.2016 |
|
DIN No.: |
07573242 |
|
|
|
|
Name : |
Mr. Manoj Ram Awtar Yadav |
|
Designation : |
Additional Director |
|
Address : |
702 A Wing Phoenix Towers Senapati Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra, India |
|
Date of Appointment : |
14.02.2018 |
|
DIN No.: |
01742715 |
|
|
|
|
Name : |
Mr. Christian Ernst Eggers |
|
Designation : |
Additional Director |
|
Address : |
31A New Cavendish Street, London W1G9UF GB |
|
Date of Appointment : |
08.02.2018 |
|
DIN No.: |
08060167 |
|
|
|
|
Name : |
Mr. Ashfaque Ahmed Malik |
|
Designation : |
Additional Director |
|
Address : |
Flat No. C 1401, Cygnus (Block C), One North Hadapsar, Pune - 411028, Maharashtra, India 21.03.2018 |
|
Date of Appointment : |
21.03.2018 |
|
DIN No.: |
08064886 |
KEY EXECUTIVES
|
Name : |
Mr. Sandeep Kumar Gupta |
|
Designation : |
Company Secretary |
|
Address : |
4/1737, Bhola Nath Nagar, Shahdara, Delhi - 110032, India |
|
Date of Birth: |
24.04.1979 |
|
Date of Appointment : |
28.03.2016 |
|
PAN No.: |
AEKPG1060L |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Deutsche India Holdings Private Limited |
|
360 |
|
Deutsche Knowledge Services Pte Limited |
|
55455095 |
|
Total |
|
55455455 |
AS ON: 28.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters (Body corporate) |
100.00 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in Providing Back Office Operations
Services Including Inter-Alia Pay Roll Services and Revenue Accounting Services,
Insurance Claim Services and Medical Services. [Registered Activity] |
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Products : |
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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 : |
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Selling : |
Not Divulged |
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Purchasing : |
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 denied by the management |
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Bankers : |
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Auditors : |
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Name : |
B. S. R and Company LLP Chartered Accountants |
|
Address : |
5th Floor, Lodha Excelus, 1stFloor, Appollo Mills Compound, N. M. Joshi Marg, Mahalakshmi, Mumbai - 400011, Maharashtra, India |
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Income-tax
PAN of auditor or auditor's firm : |
AAAFB9852F |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Holding Company: |
Deutsche Knowledge Services Pte Limited |
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Ultimate Holding Company: |
Deutsche Bank A.G. |
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Fellow subsidiaries / other related
parties: |
· Deutsche Securities Asia Limited, Singapore Branch · "OOO Deutsche Bank" · Deutsche Bank Trust Corporation · Deutsche Bank S.A. / N.V. · Deutsche Bank Mxico, S.A., Institucin de Banca Mltiple · Deutsche New Zealand Limited · Deutsche Bank Bauspar-Aktiengesellschaft · Deutsche Bank, Sociedad Annima Espaola · Deutsche Bank International Limited · Deutsche Bank (Portugal), S.A. · Deutsche Asset Management S.A. · Deutsche Bank Americas Holding Corp. · Deutsche Bank Securities Limited · Deutsche Bank (Malaysia) Berhad · Deutsche Bank S.A. - Banco Alemo · Deutsche Asset Management (Japan) Limited · Deutsche Bank Trust Company, National Association · Deutsche Bank Luxembourg S.A. · Deutsche Securities Inc. · Deutsche Bank Polska Splka Akcyjna · Deutsche Bank Zrtkren Mkd Rszvnytrsasg · Deutsche Bank (Suisse) SA · German American Capital Corporation · Deutsche Bank Societ per Azioni · Deutsche Asset Management Investment GmbH · Deutsche Asset Management Investmentgesellschaft mbH vormals · Deutsche Bank (China) Co., Ltd., Beijing Branch · Deutsche Bank (China) Co., Ltd., Guangzhou Branch · Deutsche Bank (China) Co., Ltd., Shanghai Branch · Deutsche Bank S.A. · Deutsche Asset Management International GmbH · DWS Holding & Service GmbH · Deutsche Bank Privat- und Geschftskunden Aktiengesellschaft · RREEF Management GmbH · DB Fund Services LLC · Norisbank GmbH · Gemini Technology Services Inc. · DB Servicios Mxico, Sociedad Annima de Capital Variable · Deutsche Investment Management Americas Inc. · Deutsche AM Service Company · Deutsche AM Distributors, Inc. · RREEF Management L.L.C. · DB Group Services (UK) Limited · DB Structured Products, Inc. · Deutsche Bank Securities Inc. · Deutsche Bank (Cayman) Limited · Deutsche International Corporate Services (Ireland) Limited · Deutsche Securities Asia Limited · Deutsche Asset Management Group Limited · Deutsche Asset Management (Hong Kong) Limited · Deutsche Group Services Pty Limited · Deutsche Global Markets Limited · Deutsche Bank Polska Splka Akcyjna · Deutsche Securities Korea Co. · Deutsche Securities Menkul Degerler A.S. · Deutsche Securities Asia Limited, Taipei Branch · Sal. Oppenheim jr. & Cie. AG & Co. Kommanditgesellschaft auf Aktien · Deutsche Bank (China) Co., Ltd. · Deutsche Securities Israel Ltd. · Argent Incorporated · Deutsche Bank Trust Company Americas · DB USA Core Corporation · Deutsche Bank Trust Company Delaware · DB Alex. Brown LLC · Deutsche Bank National Trust Company · DB Services Americas, Inc. · DB Investment Partners, Inc. · DB Global Processing Services, Inc. · Bankers International Corporation · DEUTSCHE BANK A.S. · DB International (Asia) Limited · DB Service Centre Limited · Abbey Life Assurance Company Limited · DBAH Capital, LLC · Deutsche Securities Saudi Arabia LLC · Deutsche Bank (Chile) · Deutsche Securities (Proprietary) Limited · DB HR Solutions GmbH · Deutsche Auskunftei Service GmbH · DB Alternative Trading Inc. · DB Energy Trading LLC · Deutsche Asset Management (UK) Limited · DB Consortium S. Cons. a r.l. · MortgageIT, Inc. · Deutsche Bank Europe GmbH, Filiale Belgien · DBOI Global Services (UK) Limited · Deutsche Bank Nederland N.V. · Public joint-stock company "Deutsche Bank DBU" · DBUSH Markets, Inc. · DB Consorzio S. Cons. a r. l. · Deutsche Bank (China) Co., Ltd., Tianjin Branch · Deutsche Bank (China) Co., Ltd., Chongqing Branch · Deutsche Commodities Trading Co., Ltd. · Deutsche CIB Centre Private Limited, Birmingham Branch · Deutsche Capital Markets Australia Limited · Deutsche Asset Management Schweiz · Deutsche Trust Company Limited Japan · Sal. Oppenheim jr. & Cie. Luxembourg S.A. · Deutsche Asset Management (Korea) Company Limited · Deutsche International Trust Corporation (Mauritius) Limited · Deutsche Alternative Asset Management (UK) Limited · RREEF Investment GmbH · Deutsche Alternative Asset Management (Global) Limited · DB UK Bank Limited · Deutsche Securities (India) Private Limited · Deutsche Equities India Private Limited · Deutsche Trustee Services (India) Private Limited · Deutsche Asset Management (India) Private Limited · Deutsche Network Services Private Limited · Deutsche India Holdings Private Limited · Deutsche Investments India Private Limited · Deutsche Investor Services Private Limited · Deutsche CIB Centre Private Limited · RREEF India Advisors Private Limited · DB Nominees (Hong Kong) Limited · Deutsche Bank Europe GmbH, Filiale Belgien · DB Group Services (EURO) · DB Sec. Serv. NJ Inc-New York · DEUKONA VV GmbH-Frankfurt · DB Global Technology-Wilmington · DB Global Technology SRL-Romania · DB Direkt GmbH · DB Global Technology SRL · DB Global Technology, Inc. · DB Private Equity GmbH · Deutsche Bank (Per) S.A. · Deutsche Bank International Trust Co. Limited · Deutsche Bank sterreich AG · Finanza & Futuro Banca SpA · "OOO Deutsche Bank TechCentre" · Low Soon Heng · Enrico Salonga Cruz · Patrick John O'Connell · Jaishankar Srinivasan · DBOI Global Services Pvt Ltd Employees Gratuity Fund |
CAPITAL STRUCTURE
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
80450000 |
Equity Shares |
INR 10/- each |
INR 804.500 Million |
|
|
|
|
|
Issued Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
55455455 |
Equity Shares |
INR 10/- each |
INR 554.555 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 |
554.555 |
554.555 |
554.600 |
|
(b) Reserves and Surplus |
6787.400 |
5194.600 |
3943.100 |
|
(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) |
7341.955 |
5749.155 |
4497.700 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
299.500 |
197.900 |
0.000 |
|
(d) long-term
provisions |
98.800 |
155.700 |
638.200 |
|
Total Non-current
Liabilities (3) |
398.300 |
353.600 |
638.200 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
1547.200 |
|
(b) Trade
payables |
1309.400 |
1005.900 |
1199.600 |
|
(c) Other
current liabilities |
612.645 |
992.945 |
402.200 |
|
(d) Short-term
provisions |
711.100 |
380.500 |
400.600 |
|
Total Current
Liabilities (4) |
2633.145 |
2379.345 |
3549.600 |
|
|
|
|
|
|
TOTAL |
10373.400 |
8482.100 |
8685.500 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
1606.400 |
1668.000 |
1364.300 |
|
(ii)
Intangible Assets |
0.000 |
2.400 |
7.500 |
|
(iii) Tangible assets
capital work-in-progress |
238.200 |
151.900 |
307.100 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
670.500 |
571.100 |
330.500 |
|
(d)
Long-term loans and advances |
0.000 |
0.000 |
2860.600 |
|
(e) Other
Non-current assets |
3762.700 |
3017.600 |
0.000 |
|
Total Non-Current
Assets |
6277.800 |
5411.000 |
4870.000 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade
receivables |
1841.100 |
1275.100 |
2024.100 |
|
(d) Cash and
bank balances |
810.900 |
777.900 |
150.300 |
|
(e)
Short-term loans and advances |
0.000 |
0.000 |
1541.100 |
|
(f) Other
current assets |
1443.600 |
1018.100 |
100.000 |
|
Total
Current Assets |
4095.600 |
3071.100 |
3815.500 |
|
|
|
|
|
|
TOTAL |
10373.400 |
8482.100 |
8685.500 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Revenue
from operations |
20981.900 |
18175.000 |
16219.000 |
|
|
Other Income |
57.500 |
104.400 |
13.900 |
|
|
TOTAL |
21039.400 |
18279.400 |
16232.900 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Employee benefit expense |
11654.000 |
9735.500 |
8659.000 |
|
|
CSR expenditure |
36.900 |
25.300 |
10.100 |
|
|
Other expenses |
6090.100 |
5270.000 |
4748.600 |
|
|
TOTAL |
17781.000 |
15030.800 |
13417.700 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
3258.400 |
3248.600 |
2815.200 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
3.300 |
49.900 |
3.100 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
3255.100 |
3198.700 |
2812.100 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
469.100 |
890.300 |
680.800 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
2786.000 |
2308.400 |
2131.300 |
|
|
|
|
|
|
|
Less |
TAX |
1153.300 |
1159.100 |
782.900 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
1632.700 |
1149.300 |
1348.400 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
0.000 |
0.000 |
15567.000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
29.44 |
20.73 |
24.31 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
|
|
|
|
|
Net cash flows from (used in) operations |
2241.300 |
4679.100 |
(97.100) |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
507.300 |
3189.300 |
(1338.800) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
32.03 |
25.61 |
45.55 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
11.40 |
14.25 |
8.01 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
1.77 |
1.78 |
1.68 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.25 |
0.28 |
0.41 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.00 |
0.00 |
0.34 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.36 |
0.41 |
0.79 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.25 |
0.32 |
0.37 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
987.39 |
65.10 |
908.13 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
7.78 |
6.32 |
8.31 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
15.74 |
13.55 |
15.52 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
22.24 |
19.99 |
29.98 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.56 |
1.29 |
1.07 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
1.56 |
1.29 |
1.07 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.71 |
0.68 |
0.52 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.00 |
0.00 |
2.79 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.56 |
1.29 |
1.07 |
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 |
554.600 |
554.555 |
554.555 |
|
Reserves & Surplus |
3943.100 |
5194.600 |
6787.400 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
4497.700 |
5749.155 |
7341.955 |
|
|
|
|
|
|
Long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
1547.200 |
0.000 |
0.000 |
|
Total
borrowings |
1547.200 |
0.000 |
0.000 |
|
Debt/Equity
ratio |
0.344 |
0.000 |
0.000 |
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 |
16219.000 |
18175.000 |
20981.900 |
|
|
|
12.060 |
15.444 |
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 |
16219.000 |
18175.000 |
20981.900 |
|
Profit |
1348.400 |
1149.300 |
1632.700 |
|
|
8.31
% |
6.32
% |
7.78
% |
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 |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
No |
|
21 |
Banking facility details |
No |
|
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 |
INDEX OF CHARGES
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G32044034 |
90148298 |
DEUTSCHE BANK |
20/12/2005 |
20/12/2005 |
21/09/2016 |
2200000.0 |
AG BANGLORE
BRANCHM.G. ROADBANGLOREKA560001IN |
GENERAL
INFORMATION
The primary segment of the Company is providing support services for Deutsche Group entities globally. As the Company operates in a single primary business segment, currently concentrated in India, no segment information has been presented. The Board of Directors assess the financial performance and position of the company and make strategic decisions. The Board of Directors, has been identified as the Chief Operating Decision Makers.
OPERATIONS:
The India Offices have relentlessly focused on banks evolving priorities and achieving its strategic goals. In line with our value of Client Centricity during the year we increased focus on IP repatriation and bringing key knowledge closer to us within the bank. This led to the further build out of the Technological centre at Pune, while keeping transformation at core while re-engineering and re-platforming operations.
The year had a lot of emphasis on governance as per group governance framework while adherence and alignment to front to back model is strengthened.
FIXED ASSETS:
Tangible assets
- Furniture and fixtures
- Office equipment
- Computer equipments
- Leasehold improvements
- Furniture and fixtures
- Office equipment
- Computer equipments
- Leasehold improvements
Intangible assets
- 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, India Prisons Service,
Interpol, etc.
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 65.78 |
|
UK Pound |
1 |
INR 93.42 |
|
Euro |
1 |
INR 81.39 |
INFORMATION DETAILS
|
Information
Gathered by : |
SHY |
|
|
|
|
Analysis Done by
: |
PRS |
|
|
|
|
Report Prepared
by : |
ARC |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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.