|
|
|
MIRA INFORM REPORT
|
Report No. : |
505148 |
|
Report Date : |
20.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
YASHRAJ FILMS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
5, Shah Industrial Estate, Off. Veera Desai Road, Andheri (West), Mumbai-400059,
Maharashtra |
|
Tel. No.: |
91-22-30613500 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
30.08.1973 |
|
|
|
|
Com. Reg. No.: |
11-016788 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
INR 27.823 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U92110MH1973PTC016788 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
0396021450 |
|
|
|
|
CST/ TIN No.: |
27080249388 |
|
|
|
|
TAN No.: [Tax Deduction & Collection
Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACY1176E |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
27AAACY1176E1ZF |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Production, Distribution and Music. (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+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an entertainment company incorporated by Mr. Yash Chopra, a
film director and producer. The company is engaged in production,
distribution and music. Management has failed to file its financials with the Registrar of
Companies for the FY 2017. For the financial year 2016, the company reported a 48.28% dip in the
revenue but has managed to maintain a fair profit margin of 11.88%. Rating takes into consideration the sound financial risk profile of
the company marked by adequate networth base along with strong debt coverage
indicators due to low debt balance sheet profile. Rating also derives strength from the long and established track
record of the company along with its experienced promoters and good
distribution network of the company. Payment seems to be usually correct. In view of strong recognition of “Yash Raj Films” in Indian film
industry, 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.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
Date |
Not Available |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter in
the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2018.
BIFR (Board for Industrial & Financial Reconstruction) LISTING
STATUS
Subject’s name is not listed as a Sick Unit in
the publicly available BIFR (Board for Industrial & Financial
Reconstruction) list as of 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 DENIED BY
|
Name : |
Mr. Rajesh Punjabi |
|
Designation : |
Not Divulged |
|
Contact No.: |
91-22-30613500 |
|
Date : |
19.04.2018 |
LOCATIONS
|
Registered/ Corporate Office : |
5, Shah Industrial Estate, Off. Veera Desai Road, Andheri (West), Mumbai-400059,
Maharashtra, India |
|
Tel. No.: |
91-22-30613500/ 30613537 |
|
Fax No.: |
91-22-30613599 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Aditya Yashraj Chopra |
|
Designation : |
Managing Director |
|
Address : |
21, Adityodaya, 12th Road, J.V.P.D. Scheme, Juhu, Mumbai-400049,
Maharashtra, India |
|
Date of Birth/Age : |
21.05.1971 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
06.09.1999 |
|
PAN No.: |
ALCPC3242R |
|
DIN No.: |
01290728 |
|
|
|
|
Name : |
Mr. Sanjeev Madanmohan Kohli |
|
Designation : |
Director |
|
Address : |
1603-Raheja Classique, No. 3, New Link Road, Andheri (West), Mumbai-
400061, Maharashtra, India |
|
Date of Birth/Age : |
16.10.1956 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
08.03.2007 |
|
PAN No.: |
AGHPK0542Q |
|
DIN No.: |
01061122 |
|
|
|
|
Name : |
Mr. Uday Yashraj Chopra |
|
Designation : |
Director |
|
Address : |
21, Adityodaya, 12th Road, Jvpd Scheme, Juhu, Mumbai-400049,
Maharashtra, India |
|
Date of Birth/Age : |
05.01.1973 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
06.09.1999 |
|
PAN No.: |
AABPC4058P |
|
DIN No.: |
01290703 |
|
|
|
|
Name : |
Mrs. Pamela Chopra |
|
Designation : |
Director |
|
Address : |
21, Adityodaya, 12th JVPD Scheme Juhu, Mumbai-400049, Maharashtra,
India |
|
Date of Birth/Age : |
29.07.1948 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
30.08.1973 |
|
PAN No.: |
AAGPC3673D |
|
DIN No.: |
02073452 |
|
|
|
|
Name : |
Mrs. Rani Ram Mukerji |
|
Designation : |
Director |
|
Address : |
B-2, Krishna Ram Bungalow, Vasanta Thesophical CHS, Parsi Vasa, Juhu
Tara Road, Juhu, Mumbai-400049, Maharashtra, India |
|
Date of Birth/Age : |
21.03.1978 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
30.05.2014 |
|
PAN No.: |
AALPM8973B |
|
DIN No.: |
06883920 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2016
|
Names of Shareholders |
No. of Shares |
%age
holding |
|
Aditya Chopra |
964470 |
34.66 |
|
Uday Chopra |
964470 |
34.66 |
|
Pamela Chopra |
853360 |
30.68 |
|
Total |
2782300 |
100.00 |
As on 04.02.2017
|
Names of Allottees |
|
No. of Shares |
|
Aditya Chopra |
|
3857880 |
|
Uday Chopra |
|
3857880 |
|
Pamela Chopra |
|
3413440 |
|
Total |
|
11129200 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2016
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family-Indian) |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Production, Distribution and Music. (Registered Activity) |
|
|
|
|
Products : |
-- |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
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 : |
Chandabhoy and Jassoobhoy Chartered Accountants |
|
Address : |
602, Shivam Building Walji, Ladha Road, Mulund (West), Mumbai – 400080, Maharashtra, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AAMFC5274C |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Enterprises which
are owned, or have significant influence of or are partners with Key management
personnel and their relatives : (As on 31.03.2016) |
|
|
|
|
|
Subsidiary
Companies : (As on 31.03.2016) |
|
|
|
|
|
Associate (As on 31.03.2016) |
Aditya Films Private Limited |
CAPITAL STRUCTURE
After 30.09.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
16250000 |
Equity Shares |
INR 10/- each |
INR 162.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
13911500 |
Equity Shares |
INR 10/- each |
INR 139.115
Million |
|
|
|
|
|
As on 30.09.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
16250000 |
Equity Shares |
INR 10/- each |
INR 162.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2782300 |
Equity Shares |
INR 10/- each |
INR 27.823
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 |
27.823 |
27.823 |
27.823 |
|
(b) Reserves &
Surplus |
2513.185 |
2291.221 |
2144.940 |
|
(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) |
2541.008 |
2319.044 |
2172.763 |
|
|
|
|
|
|
(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 |
35.146 |
35.159 |
27.985 |
|
(d) long-term provisions |
745.187 |
730.767 |
717.022 |
|
Total Non-current
Liabilities (3) |
780.333 |
765.926 |
745.007 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
1396.762 |
1339.690 |
494.700 |
|
(b) Trade payables |
142.959 |
191.409 |
333.536 |
|
(c) Other current
liabilities |
308.641 |
138.655 |
98.487 |
|
(d) Short-term provisions |
17.536 |
13.600 |
38.723 |
|
Total Current Liabilities
(4) |
1865.898 |
1683.354 |
965.446 |
|
|
|
|
|
|
TOTAL |
5187.239 |
4768.324 |
3883.216 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
124.447 |
110.593 |
143.996 |
|
(ii) Intangible Assets |
1.666 |
4.405 |
10.009 |
|
(iii) Capital
work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets
under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
422.219 |
116.953 |
98.370 |
|
(c) Deferred tax assets
(net) |
38.952 |
38.467 |
17.019 |
|
(d) Long-term Loan and Advances |
955.235 |
1015.120 |
1811.245 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
1542.519 |
1285.538 |
2080.639 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
6.691 |
9.742 |
10.517 |
|
(c) Trade receivables |
336.960 |
666.367 |
847.980 |
|
(d) Cash and cash
equivalents |
1293.333 |
1063.605 |
134.633 |
|
(e) Short-term loans and
advances |
83.014 |
443.384 |
75.296 |
|
(f) Other current assets |
1924.722 |
1299.688 |
734.151 |
|
Total Current Assets |
3644.720 |
3482.786 |
1802.577 |
|
|
|
|
|
|
TOTAL |
5187.239 |
4768.324 |
3883.216 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
1868.100 |
3612.260 |
4866.318 |
|
|
Other Income |
125.351 |
154.402 |
129.941 |
|
|
TOTAL |
1993.451 |
3766.662 |
4996.259 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
11.010 |
27.342 |
28.707 |
|
|
Employees benefits
expense |
378.550 |
366.033 |
314.313 |
|
|
Other expenses |
1289.663 |
2796.152 |
4366.867 |
|
|
Exceptional items |
(0.067) |
(0.042) |
(0.181) |
|
|
Extraordinary items |
0.000 |
(5.336) |
(13.849) |
|
|
TOTAL |
1679.156 |
3184.149 |
4695.857 |
|
|
|
|
|
|
|
Less |
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
314.295 |
582.513 |
300.402 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
6.376 |
46.399 |
2.580 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
307.919 |
536.114 |
297.822 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
40.845 |
61.506 |
44.330 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
267.074 |
474.608 |
253.492 |
|
|
|
|
|
|
|
Less |
TAX |
45.110 |
328.327 |
118.259 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX |
221.964 |
146.281 |
135.233 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
From sale of DVDs, ACDs
and VCDs |
0.191 |
1.878 |
4.013 |
|
|
Theatricals and Prints
Income |
172.196 |
508.298 |
717.664 |
|
|
Satellite Broadcast/
Terrestrial/Digital |
221.399 |
178.139 |
1224.418 |
|
|
Reimbursement of Expenses |
0.089 |
0.579 |
0.056 |
|
|
Incentive Received |
0.000 |
4.566 |
232.529 |
|
|
Interest on loan/ CCD's |
0.981 |
20.685 |
22.333 |
|
|
Line Producer |
20.313 |
0.000 |
0.000 |
|
|
TOTAL EARNINGS |
415.169 |
714.145 |
2201.013 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
79.78 |
52.58 |
48.60 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
370.970 |
(52.321) |
296.267 |
|
Net cash flow from operating activity |
415.278 |
(10.745) |
195.091 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
65.84 |
67.33 |
63.60 |
|
|
|
|
|
|
Account Receivables Turnover ( Income / Sundry Debtors) |
5.54 |
5.42 |
5.74 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
4739.33 |
2555.20 |
4240.80 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
46.97 |
59.79 |
28.56 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
2.49 |
5.07 |
1.95 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.36 |
0.35 |
0.25 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.55 |
0.58 |
0.23 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.73 |
0.73 |
0.44 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.05 |
0.05 |
0.07 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
49.29 |
12.55 |
116.43 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin [(PAT / Sales)
* 100] |
% |
11.88 |
4.05 |
2.78 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
4.28 |
3.07 |
3.48 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
8.74 |
6.31 |
6.22 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.95 |
2.07 |
1.87 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
1.95 |
2.06 |
1.86 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.49 |
0.49 |
0.56 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
50.20 |
48.15 |
17.78 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.95 |
2.07 |
1.87 |
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 |
27.823 |
27.823 |
27.823 |
|
Reserves & Surplus |
2144.940 |
2291.221 |
2513.185 |
|
Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
2172.763 |
2319.044 |
2541.008 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
494.700 |
1339.690 |
1396.762 |
|
Total borrowings |
494.700 |
1339.690 |
1396.762 |
|
Debt/Equity ratio |
0.228 |
0.578 |
0.550 |
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 |
4866.318 |
3612.260 |
1868.100 |
|
|
|
(25.770) |
(48.284) |
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 |
4866.318 |
3612.260 |
1868.100 |
|
Profit |
135.233 |
146.281 |
221.964 |
|
|
2.78% |
4.05% |
11.88% |
ABRIDGED
BALANCE SHEET - CONSOLIDATED
|
SOURCES OF FUNDS |
|
|
31.03.2016 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
|
27.823 |
|
(b) Reserves &
Surplus |
|
|
2265.814 |
|
(c) Money received
against share warrants |
|
|
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
|
|
0.000 |
|
Total Shareholders’ Funds
(1) + (2) |
|
|
2293.637 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
|
|
0.000 |
|
(b) Deferred tax
liabilities (Net) |
|
|
0.000 |
|
(c) Other long term
liabilities |
|
|
35.146 |
|
(d) long-term provisions |
|
|
745.187 |
|
Total Non-current
Liabilities (3) |
|
|
780.333 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
|
1532.622 |
|
(b) Trade payables |
|
|
161.243 |
|
(c) Other current
liabilities |
|
|
334.747 |
|
(d) Short-term provisions |
|
|
19.118 |
|
Total Current Liabilities
(4) |
|
|
2047.730 |
|
|
|
|
|
|
TOTAL |
|
|
5121.700 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
|
124.993 |
|
(ii) Intangible Assets |
|
|
1.749 |
|
(iii) Capital
work-in-progress |
|
|
0.000 |
|
(iv) Intangible assets
under development |
|
|
0.000 |
|
(b) Non-current
Investments |
|
|
102.266 |
|
(c) Deferred tax assets
(net) |
|
|
38.952 |
|
(d) Long-term Loan and Advances |
|
|
956.728 |
|
(e) Other Non-current
assets |
|
|
0.000 |
|
Total Non-Current Assets |
|
|
1224.688 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
|
0.000 |
|
(b) Inventories |
|
|
6.691 |
|
(c) Trade receivables |
|
|
306.057 |
|
(d) Cash and cash
equivalents |
|
|
1385.226 |
|
(e) Short-term loans and
advances |
|
|
85.133 |
|
(f) Other current assets |
|
|
2113.905 |
|
Total Current Assets |
|
|
3897.012 |
|
|
|
|
|
|
TOTAL |
|
|
5121.700 |
PROFIT
& LOSS ACCOUNT - CONSOLIDATED
|
|
PARTICULARS |
|
|
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Income |
|
|
2072.490 |
|
|
Other Income |
|
|
128.091 |
|
|
TOTAL |
|
|
2200.581 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
|
11.010 |
|
|
Employees benefits
expense |
|
|
395.701 |
|
|
Other expenses |
|
|
1533.016 |
|
|
Exceptional Items |
|
|
(0.067) |
|
|
TOTAL |
|
|
1939.660 |
|
|
|
|
|
|
|
Less |
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
|
|
260.921 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
|
6.765 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
|
|
254.156 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
|
40.999 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
|
|
213.157 |
|
|
|
|
|
|
|
Less |
TAX |
|
|
57.820 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX |
|
|
155.337 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
|
55.83 |
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 |
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 |
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 |
NOTE: The registered office of the company has been shifted from Girnar Apartments, Block No.-A, 5th Floor, Pali Hill Road, Bandra, Mumbai – 400050, Maharashtra, India to the present address w.e.f. 21.05.2007
BRIEF DESCRIPTION OF
THE COMPANY’S WORKING DURING THE YEAR/STATE OF COMPANY’S AFFAIR: (As on
31.03.2016)
During the year, the Company’s profit has increased from INR 146.281 Million to INR 221.964 Million in current year. Management is taking continuous efforts to increase the income in upcoming years.
UNSECURED LOAN
|
PARTICULARS |
31.03.2016 (INR
in Million) |
31.03.2015 (INR
in Million) |
|
Short-term
borrowings |
|
|
|
Loans and advances from others |
6.794 |
7.447 |
|
Loans and advances from directors |
7.744 |
8.998 |
|
|
|
|
|
Total |
14.538 |
16.445 |
INDEX
OF CHARGES
|
Charges Registered |
||||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
G49548613 |
100103567 |
Standard Chartered Bank |
18/05/2017 |
05/07/2017 |
- |
1000000000.0 |
Crescenzo, 3A/F, Plot no. C-38 & 39G Block, Bandra Kurla Complex, Bandra EastMumbaiMH400051IN |
|
2 |
C28839181 |
10525079 |
YES BANK LIMITED |
26/08/2014 |
- |
- |
600000000.0 |
9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA,DR. ANNIE BESANT ROAD, WORLI,MUMBAIMH400018IN |
|
3 |
C74665019 |
10162338 |
YES BANK LIMITED |
14/05/2009 |
03/12/2015 |
- |
1800000000.0 |
9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA,DR. ANNIE BESANT ROAD, WORLI,MUMBAIMH400018IN |
|
4 |
B40483133 |
10059952 |
Export Import Bank of India |
06/06/2007 |
- |
21/05/2012 |
400000000.0 |
Centre One Building, World Trade CentreCuffe ParadeMumbaiMH400005IN |
|
5 |
B40481566 |
90241677 |
EMPORT EXPORT BANK |
08/12/2005 |
- |
21/05/2012 |
9100000.0 |
ANDHRIMUMBAIMHIN |
|
6 |
A33637505 |
90241104 |
BANK OF BARODA |
27/02/2004 |
25/07/2005 |
26/02/2008 |
250000000.0 |
ANDHRIMUMBAIMHIN |
|
7 |
Y10348977 |
90241340 |
EMPORT EXPORT BANK |
21/02/2005 |
- |
22/08/2005 |
45000000.0 |
ANDHRIMUMBAIMH400005IN |
CONTINGENT
LIABILITIES:
(INR in million)
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
|
Guarantees given by Bank on behalf of the Company (against pledge of Fixed Deposit ) |
0.933 |
0.862 |
FIXED ASSETS
- Office building
- Other plant and equipment
- Furniture and fixtures
- Motor vehicles
- Vehicle
- 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 65.78 |
|
|
1 |
INR 93.41 |
|
Euro |
1 |
INR 81.38 |
INFORMATION DETAILS
|
Information
Gathered by : |
ARC |
|
|
|
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
SUD |
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.