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MIRA
INFORM REPORT
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Report No. : |
490622 |
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Report Date : |
07.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
JUPITER DYE CHEM PRIVATE LIMITED |
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Registered
Office : |
Office No. 92A/93A,
9th Floor,
Mittal Court, A Wing, 224 Jamnalal Bajaj Marg, Nariman Point, Mumbai-400021, Maharashtra
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Tel. No.: |
91-22-61207000/ 30407000 |
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Country : |
India |
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Financials (as
on) : |
31.03.2016 |
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Date of
Incorporation : |
22.06.1977 |
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Com. Reg. No.: |
11-019716 |
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Capital
Investment / Paid-up Capital : |
INR 100.000 Million |
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CIN No.: [Company Identification
No.] |
U24230MH1977PTC019716 |
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IEC No.: |
0389025232 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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TIN No.: |
27810000521 |
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GST No.: |
27AAACJ0893M1Z7 |
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PAN No.: [Permanent Account No.] |
AAACJ0893M |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Trading, Importer, Distribution and Handling in Chemicals, Solvents and Bulk Drugs. [Registered Activity] |
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No. of Employees
: |
Not Divulged |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A+ |
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Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Maximum Credit Limit : |
USD 2221131 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Jupiter Dye Chem Private Limited is engaged in trading, importing, distribution, and handling in Chemicals, Solvents and Bulk Drugs. The company was incorporated in the year 1977 and is based in Mumbai, Maharashtra. It is an established company having excellent track record. As per Registrar of Companies the date of balance sheet [i.e. financial filed] is shown as 31.03.2017 but the documents related to the financial for the year 2017 are not available from any sources. As per available financials of 2016, the company has witnessed a growth in its revenue and has achieved fair profit recorded but the company. Available financial indicates sound financial profile marked by healthy net worth base along with negligible debt recorded by the company. The company also derives strength from its long established track record of business operation Fundamentals of the company are strong and healthy. Trade relations are reported as fair. Business is active. Payments terms are reported as regular and as per commitments. In view of the 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 (30.06.2017) |
Current Rating (30.09.2017) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
SMERA |
|
Rating |
Short Term Rating=A2 |
|
Rating Explanation |
Strong degree of safety and carry low credit
risk |
|
Date |
09.03.2017 |
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 07.02.2018
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 (Contact No: 91-22-61207000/ 30407000)
[91-22-32211346 /
32211349] Numbers are not working
[91-22-3221134]
Incomplete Number
[91-9982116097] Number is ringing
LOCATIONS
|
Registered/ Head Office : |
Office No. 92A/93A,
9th Floor,
Mittal Court, A Wing, 224 Jamnalal Bajaj Marg, Nariman Point, Mumbai-400021, Maharashtra,
India |
|
Tel. No.: |
91-22-61207000/ 30407000 |
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Fax No.: |
91-22-30407020/ 61207034 |
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E-Mail : |
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Website : |
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Warehouse : |
138/1, Vanmala Compound, Valegaon, Purna Village, Bhiwandi, Thane –
421301, Maharashtra, India |
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Branch Office : |
303, Ram Chabra Rinar, Opposite BSNL Office, Ameerpet, Hyderabad,
Telangana, India |
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Other Branch Offices : |
Located at: · Mangalore · Thane · Cochin · Kutch |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Ashok Ramni Ranjan Chokhani |
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Designation : |
Whole-time Director |
|
Address : |
502, Angel, Krishna Sanghi Peth, Next to August Kranti Maidan,
Gamdevi, Mumbai – 400 007, Maharashtra, India |
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Date of Birth/Age : |
10.11.1944 |
|
Qualification : |
Graduate |
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Date of Appointment : |
22.06.1977 |
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PAN No.: |
AEWPC8295H |
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DIN No.: |
01331167 |
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Name : |
Mr. Ramesh Ramniranjan Chokhani |
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Designation : |
Whole-time Director |
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Address : |
401, 4th Floor, Angel Building, Krishna Sanghi Peth,
Gamdevi, Mumbai – 400007, Maharashtra, India |
|
Date of Birth/Age : |
17.07.1951 |
|
Qualification : |
Graduate |
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Date of Appointment : |
22.06.1985 |
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PAN No.: |
AAAPC4758M |
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DIN No.: |
01208036 |
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Name : |
Mr. Nimesh Ramesh Chokhani |
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Designation : |
Managing Director |
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Address : |
401, 4th Floor, Angel Building, Krishna Sanghi Peth,
Gamdevi, Mumbai – 400007, Maharashtra, India |
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Date of Birth/Age : |
17.10.1978 |
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Qualification : |
Graduate / BBA (US) |
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Date of Appointment : |
01.04.1993 |
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PAN No.: |
ACPPC5042H |
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DIN No.: |
01208008 |
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Name : |
Mr. Sellappan Nagalingam |
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Designation : |
Whole-time Director |
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Address : |
Flat No. 5, Gulnar Apartment, Khopoli, Raigad, Panvel – 410203,
Maharashtra, India |
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Date of Birth/Age : |
20.02.1962 |
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Date of Appointment : |
01.08.2008 |
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PAN No.: |
ABEPN3478L |
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DIN No.: |
01640683 |
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Name : |
Mr. Kamal Ramgopal Tulshan |
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Designation : |
Additional Director |
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Address : |
Seksaria House, Ground Floor, 28, Babulnath Road, Mumbai – 400007,
Maharashtra, India |
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Date of Birth/Age : |
20.06.1966 |
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Date of Appointment : |
04.06.2014 |
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PAN No.: |
AAAPT5255E |
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DIN No.: |
06881516 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Ashok Kumar Chokhani |
|
1303741 |
|
Ramesh Kumar Chokhani |
|
978120 |
|
Manisha Chokhani |
|
868725 |
|
Shakuntala Chokhani |
|
939510 |
|
Nimesh Chokhani |
|
2924064 |
|
Neha Nimesh Chokhani |
|
720720 |
|
Pooja Chokhani |
|
643500 |
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Ashok Chokhani (HUF) |
|
386100 |
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Ramesh Chokhani (HUF) |
|
386100 |
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Neha N. Chokhani joint with Nimesh Chokhani |
|
643500 |
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Ramesh Kumar Chokhani (Partners of Ramesh Kumar and Company) |
|
6435 |
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A. K. Chokhani and S. R. Chokhani (Partners of Easyterm Enterprise) |
|
6435 |
|
Neena S. Patel |
|
128700 |
|
Shyamlal Patel (Family Trust) |
|
64350 |
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Total
|
|
10000000 |
AS ON 30.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters
– Individual/Hindu Undivided Family (Indian) |
98.07 |
|
Public/
Other than Promoters – Individual/Hindu Undivided Family (Indian) |
1.93 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Trading, Importer, Distribution and Handling in Chemicals, Solvents and Bulk Drugs. [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 : |
Not Divulged |
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Bankers : |
· Union Bank of India 84, Raj Mahal, Veer Nariman Road, Churchgate, Mumbai – 400020, Maharashtra,
India |
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Facilities : |
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Auditors : |
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Name : |
B.L Agarwal and Associates Chartered Accountants |
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Address : |
14/16,
Popatwadi, 1st Floor, Kalbadevi Road, Mumbai-400002,
Maharashtra, India |
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Income-tax
PAN of auditor or auditor's firm : |
ARLPA0061H |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Subsidiary
Company : |
Jupiter Petrochem DMCC |
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Firm in which director, manager or his
relative is a partner : |
Universal Logistics and Services Co |
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Enterprises which are owned, or have
significant influence of or are partners with Key management personnel and
their relatives : |
· Sanchay Holdings Private Limited · Easyterm Enterprise · Lehar Properties Private Limited · Niknim Holdings Private Limited · Nishflex Packaging Private Limited · Ramesh Kumar and Company |
CAPITAL STRUCTURE
AS ON 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
15000000 |
Equity Shares |
INR 10/- each |
INR 150.000 Million |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
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|
|
|
|
10000000 |
Equity Shares |
INR 10/- each |
INR 100.000
Million |
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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 |
|
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|
(1)Shareholders' Funds |
|
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|
|
(a) Share Capital |
100.000 |
100.000 |
100.000 |
|
(b) Reserves and Surplus |
677.396 |
529.246 |
400.837 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
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|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
777.396 |
629.246 |
500.837 |
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(3)
Non-Current Liabilities |
|
|
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|
(a) long-term borrowings |
126.559 |
129.640 |
128.026 |
|
(b) Deferred tax liabilities (Net) |
4.231 |
5.027 |
6.312 |
|
(c) Other long-term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
4.120 |
3.918 |
2.840 |
|
Total Non-current
Liabilities (3) |
134.910 |
138.585 |
137.178 |
|
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|
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(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
80.683 |
|
(b) Trade
payables |
3212.774 |
2366.689 |
2578.770 |
|
(c) Other
current liabilities |
63.989 |
33.427 |
35.765 |
|
(d) Short-term
provisions |
10.959 |
2.683 |
9.073 |
|
Total Current
Liabilities (4) |
3287.722 |
2402.799 |
2704.291 |
|
|
|
|
|
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TOTAL |
4200.028 |
3170.630 |
3342.306 |
|
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II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
49.799 |
54.113 |
59.939 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.097 |
|
(iii) Tangible assets
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 |
13.382 |
11.558 |
6.886 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term
loans and advances |
4.052 |
4.043 |
2.103 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
67.233 |
69.714 |
69.025 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a) Current
investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
576.053 |
168.360 |
244.103 |
|
(c) Trade
receivables |
2809.317 |
2149.382 |
2432.003 |
|
(d) Cash and bank
balances |
692.457 |
728.102 |
549.556 |
|
(e)
Short-term loans and advances |
54.968 |
55.072 |
47.619 |
|
(f) Other
current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
4132.795 |
3100.916 |
3273.281 |
|
|
|
|
|
|
TOTAL |
4200.028 |
3170.630 |
3342.306 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
||
|
|
SALES |
|
|
|
||
|
|
Total
Revenue from operations |
12616.673 |
11767.242 |
9983.631 |
||
|
|
Other Income |
88.118 |
63.202 |
57.954 |
||
|
|
TOTAL (A) |
12704.791 |
11830.444 |
10041.585 |
||
|
|
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|
|
|
||
|
Less |
EXPENSES |
|
|
|
||
|
|
Purchases of
Stock-in-Trade |
11599.017 |
10504.203 |
8778.327 |
||
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(407.692) |
75.743 |
136.291 |
||
|
|
Employee benefit expense |
80.892 |
49.704 |
21.037 |
||
|
|
CSR expenditure |
2.700 |
1.500 |
0.000 |
||
|
|
Other expenses |
1109.783 |
912.815 |
856.700 |
||
|
|
TOTAL (B) |
12384.700 |
11543.965 |
9792.355 |
||
|
|
|
|
|
|
||
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (C) |
320.091 |
286.479 |
249.230 |
||
|
|
|
|
|
|
||
|
Less |
FINANCIAL
EXPENSES (D) |
83.391 |
80.360 |
66.638 |
||
|
|
|
|
|
|
||
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION
(C-D) (E) |
236.700 |
206.119 |
182.592 |
||
|
|
|
|
|
|
||
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
8.345 |
9.996 |
5.907 |
||
|
|
|
|
|
|
||
|
|
PROFIT/ (LOSS)
BEFORE TAX (E-F) (G) |
228.355 |
196.123 |
176.685 |
||
|
|
|
|
|
|
||
|
Less |
TAX (H) |
80.205 |
67.714 |
62.990 |
||
|
|
|
|
|
|
||
|
|
PROFIT/ (LOSS)
AFTER TAX (G-H) (I) |
148.150 |
128.409 |
113.695 |
||
|
|
|
|
|
|
||
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
||
|
|
F.O.B. Value of Exports |
68.791 |
46.393 |
0.939 |
||
|
|
TOTAL EARNINGS |
68.791 |
46.393 |
0.939 |
||
|
|
|
|
|
|
||
|
|
IMPORTS |
|
|
|
||
|
|
|
Components and spare parts |
9995.293 |
8907.001 |
0.000 |
|
|
|
|
Raw Materials |
0.000 |
0.000 |
7389.276 |
|
|
|
TOTAL IMPORTS |
9995.293 |
8907.001 |
7389.276 |
||
|
|
|
|
|
|
||
|
|
Earnings/(Loss) Per Share (INR) |
14.82 |
12.84 |
11.37 |
||
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
3.410 |
3.252 |
2.853 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
65.844 |
361.090 |
173.152 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
(28.617) |
266.051 |
114.855 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
81.27 |
66.67 |
88.91 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
4.49 |
5.47 |
4.11 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
101.10 |
82.24 |
107.22 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.56 |
1.70 |
1.02 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
6.43 |
5.29 |
4.15 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.81 |
0.80 |
0.85 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.17 |
0.21 |
0.42 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
4.23 |
3.82 |
5.40 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.06 |
0.09 |
0.12 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
3.84 |
3.56 |
3.74 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
1.17 |
1.09 |
1.14 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
3.53 |
4.05 |
3.40 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
19.06 |
20.41 |
22.70 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.26 |
1.29 |
1.21 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
1.08 |
1.22 |
1.12 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.19 |
0.20 |
0.15 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
1.30 |
1.33 |
2.12 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.26 |
1.29 |
1.21 |
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
|
Particulars |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Share Capital |
100.000 |
100.000 |
100.000 |
|
Reserves & Surplus |
400.837 |
529.246 |
677.396 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
500.837 |
629.246 |
777.396 |
|
|
|
|
|
|
Long-term borrowings |
128.026 |
129.640 |
126.559 |
|
Short term borrowings |
80.683 |
0.000 |
0.000 |
|
Current maturities of
long-term debts |
2.853 |
3.252 |
3.410 |
|
Total
borrowings |
211.562 |
132.892 |
129.969 |
|
Debt/Equity
ratio |
0.422 |
0.211 |
0.167 |
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 |
9983.631 |
11767.242 |
12616.673 |
|
|
|
17.865 |
7.219 |
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 |
9983.631 |
11767.242 |
12616.673 |
|
Profit/ (Loss) |
113.695 |
128.409 |
148.150 |
|
|
1.14
% |
1.09
% |
1.17
% |
ABRIDGED
BALANCE SHEET [CONSOLIDATED]
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
100.000 |
100.000 |
|
(b) Reserves and Surplus |
|
678.739 |
527.499 |
|
(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) |
|
778.739 |
627.499 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
126.559 |
129.639 |
|
(b) Deferred tax liabilities (Net) |
|
4.231 |
5.027 |
|
(c) Other long-term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
4.120 |
3.919 |
|
Total Non-current
Liabilities (3) |
|
134.910 |
138.585 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
0.000 |
0.000 |
|
(b) Trade
payables |
|
3458.913 |
2367.504 |
|
(c) Other
current liabilities |
|
63.989 |
33.427 |
|
(d) Short-term
provisions |
|
10.959 |
2.683 |
|
Total Current
Liabilities (4) |
|
3533.861 |
2403.614 |
|
|
|
|
|
|
TOTAL |
|
4447.510 |
3169.698 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
49.799 |
54.113 |
|
(ii)
Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
|
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
10.104 |
8.279 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d)
Long-term
loans and advances |
|
4.052 |
4.043 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
63.955 |
66.435 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
576.053 |
168.360 |
|
(c) Trade
receivables |
|
3062.713 |
2149.382 |
|
(d) Cash and bank
balances |
|
694.309 |
730.279 |
|
(e)
Short-term loans and advances |
|
50.480 |
55.242 |
|
(f) Other
current assets |
|
0.000 |
0.000 |
|
Total
Current Assets |
|
4383.555 |
3103.263 |
|
|
|
|
|
|
TOTAL |
|
4447.510 |
3169.698 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
|
12885.561 |
11767.242 |
|
|
Other Income |
|
88.008 |
63.202 |
|
|
TOTAL (A) |
|
12973.569 |
11830.444 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchases of
Stock-in-Trade |
|
11859.631 |
10504.203 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
(407.692) |
75.743 |
|
|
Employee benefit expense |
|
81.664 |
50.378 |
|
|
CSR expenditure |
|
2.700 |
1.500 |
|
|
Other expenses |
|
1110.743 |
913.971 |
|
|
TOTAL (B) |
|
12647.046 |
11545.795 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (C) |
|
326.523 |
284.649 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
86.922 |
80.361 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION
(C-D) (E) |
|
239.601 |
204.288 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
8.345 |
9.996 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX (E-F) (G) |
|
231.256 |
194.292 |
|
|
|
|
|
|
|
Less |
TAX (H) |
|
80.205 |
67.714 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX (G-H) (I) |
|
151.051 |
126.578 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
15.11 |
12.66 |
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 |
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 |
Yes |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the Annual
Report |
No |
INDEX OF CHARGES
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G04795456 |
100030134 |
UNION BANK OF INDIA |
02/06/2016 |
- |
- |
350000000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL, VEER
NARIMAN ROAD, CHURCHGATE,MUMBAIMH400020IN |
|
2 |
C25749300 |
10523905 |
UNION BANK OF INDIA |
18/09/2014 |
- |
- |
75000000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL,
VEER NARIMAN ROAD, CHURCHGATE,MUMBAIMH400020IN |
|
3 |
B85217792 |
10449560 |
UNION BANK OF INDIA |
12/09/2013 |
- |
- |
150000000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL,
VEER NARIMAN ROAD, CHURCHGATE,MUMBAIMH400020IN |
|
4 |
B02065605 |
10259248 |
UNION BANK OF INDIA |
04/12/2010 |
- |
- |
1386000000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL,
VEER NARIMAN ROAD, CHURCHGATE,MUMBAIMH400020IN |
|
5 |
A14897847 |
10050833 |
UNION BANK OF INDIA |
28/03/2007 |
- |
- |
33000000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL,
VEER NARIMAN ROAD,MUMBAIMH400020IN |
|
6 |
A09569443 |
10122410 |
UNION BANK OF INDIA |
18/10/2006 |
- |
- |
50000000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL, VEER
NARIMAN ROAD,MUMBAIMH400020IN |
|
7 |
Y10351511 |
90243874 |
UNIONBANK OF INDIA |
29/07/2005 |
- |
- |
23500000.0 |
RAJ MAHALMUMBAIMHIN |
|
8 |
C63344238 |
80034224 |
UNION BANK OF INDIA |
24/09/1999 |
21/08/2015 |
- |
3850000000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL,
VEER NARIMAN ROAD, CHURCHGATE,MUMBAIMH400020IN |
|
9 |
C63341622 |
80017382 |
UNION BANK OF INDIA |
29/07/1999 |
24/08/2015 |
- |
3854500000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL,
VEER NARIMAN ROAD, CHURCHGATE,MUMBAIMH400020IN |
|
10 |
B62226972 |
10290488 |
UNION BANK OF INDIA |
04/05/2011 |
- |
19/11/2012 |
150000000.0 |
VEER NARIMAN ROAD BRANCH,84, RAJ MAHAL,
VEER NARIMAN ROAD, CHURCHGATE,MUMBAIMH400020IN |
CHANGE OF ADDRESS:
The Registered address of the company has been shifted from 201/203
Pratimesh Tower, A-Block, 2nd Floor, Senapati Bapat Marg, Lower Parel (West), Mumbai-400013,
Maharashtra, India to the present address w.e.f 19.05.2010
UNSECURED LOANS
|
PARTICULARS |
31.03.2016 (INR
In Million) |
31.03.2015 (INR
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
Loans and advances from related parties |
122.309 |
123.026 |
|
Other loans and advances |
3.550 |
3.550 |
|
|
|
|
|
Total |
125.859 |
126.576 |
CONTINGENT
LIABILITIES:
|
Particulars |
31.03.2016 (INR
In Million) |
31.03.2015 (INR
In Million) |
|
Guarantees |
192.370 |
52.700 |
FIXED ASSETS:
Tangible Assets
·
Buildings
·
Plant and Equipment
·
Furniture and Fixtures
·
Vehicles
·
Office Equipment
·
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 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 64.27 |
|
UK Pound |
1 |
INR 89.72 |
|
Euro |
1 |
INR 79.52 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUP |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
RUP |
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.